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HMRC Tax Investigations – Renewal now due

Date posted: August 5, 2014

HMRC Tax Investigations – Renewal now due

Please note that the annual Riley & Co Tax Investigations Service begins on 1 September 2014. As a result of recent investigation activity by the tax authorities, we recommend that you renew your membership of the service this year.

The investigation process can be extremely stressful as you are required to ‘prove your innocence’ to the Inspector. It is not unheard of for an enquiry to last several years and we regularly see Inspectors trawling through not only the business records but also personal expenditure such as grocery shopping, holidays and car expenses to identify potential discrepancies. Personal tax clients are not immune either as the tax authorities regularly select individuals for investigation based on its view that they have ‘the means to pay’.

Regardless of your circumstances, this work is extremely technical and will require significant time by a tax expert in order to resolve the matter with the Inspector. Disappointingly, HMRC does not consider your costs when conducting its investigations. Even a basic tax enquiry can result in £5,000 of professional fees.

Protect yourself today

By subscribing to our comprehensive Tax Investigations Service, the cost of full professional representation by our experts will be covered in the event that you are investigated.  We’ll ensure you do not have to simply concede to the Inspector’s demands and will ‘fight your corner’ without you worrying about the fees.

Free Business Legal Advice

As a further benefit of the service you will also have unlimited 24/7 access to an expert Business Legal Helpline which can answer queries relating to Employment Law, Health & Safety matters and commercial issues. Unfortunately, we can’t protect you from being selected for an enquiry, but we can ensure you have a full defence at no cost if you are. Simply forward a completed Subscription Form (enclosed) together with your payment by 25 August 2014 and you will continue to be protected. I look forward to receiving your subscription.

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