HMRC investigations are, on the whole, something which occur considerably more often than you may think. Whilst usually only a handful of high profile cases are reported on, the average is close to a quarter of a million tax investigations each year.
We believe it is important for you to always keep this figure in mind. With over 4,500 investigations launched each week, it can be clearly said that finding yourself being subject to an one does not mean or imply that there is any presumption of guilt. Many of them are launched in order to conduct a random sample check on the general level of compliance. In other cases HMRC investigations may be launched due to a simple misunderstanding of a particular rule or requirement.
It is important, then, to know that if you receive notification of an HMRC investigation against you or your company it is not necessarily the case that you have been targeted. The number one piece of advice that we can give you if this happens is that you should not panic. You should, however, consult expert financial advice in responding to the inquiry.
Over the years we have established a proud record of success as being the leading accountant in London to call on for HMRC investigations. We provide a comprehensive range of financial services which are focused on addressing the reason why an investigation has been launched. By working with you we are able to prepare the relevant documentation and evidence, providing a thorough response to the matter in the format which HMRC requires it to be presented in.
No one wants to find themselves the subject of an HMRC investigation. Whilst it is not quite right to say that it is inevitable that you will be, it is the case that you must always be aware of the potential for this happening. Our extensive knowledge of the HMRC investigations process combined with our peerless reputation means that we are your first and only choice for assistance if you find yourself in this position.