For the individual or business involved, an HMRC enquiry can be an unpleasant, stressful time.
With HMRC powers increasing all the time, it is vital, now more than ever, to take proper advice when faced with an HMRC enquiry.
Due to recent changes in legislation, HMRC are now far more likely to impose substantial penalties (as much as 100% of the tax at stake) if they find additional tax due as a result of an enquiry. These penalties can be reduced if the enquiry is dealt with properly. Substantial reductions in penalties can be given for fully disclosing all relevant facts and co-operating fully with HMRC.
We have wide experience of dealing directly with HMRC in respect of all types of enquiries across the whole range of taxes.
If you are currently faced with an HMRC enquiry and need advice, contact us now to arrange a meeting.