HMRC Investigations
The way HMRC operates is changing with the passing into law of the Finance Act 2008, which gives inspectors far greater powers than previously. The Act gives them the right to enter your premises, check your records and access your computers, all with no right of appeal. In addition, the penalty regime has changed:
The penalties for failing to take “reasonable care” can be as much as 30% on an innocent error and a deliberate understatement carries a penalty of as much as 70%.
HMRC can open investigations into individuals or businesses at any time. These may be distressing and time-consuming regardless of the final outcome. We are able to represent clients with tax investigations and provide advice for dealing with HMRC.
In addition, we offer a service to protect against the costs of an investigation.
Our services
Testimonials
“Having someone I can entrust with my private practice and personal tax affairs with has been extremely reassuring over the many years I have been with TT&W. It is still possible to have an advisor with whom you can share your numbers and who will also provide really useful and practical advice that goes beyond just minimising your tax liability. TT&W have demonstrated exceptional technical tax advice in a specialist sector while remaining entirely approachable . Unusual as it may sound, I actually look forward to going to see my accountant!”
Mr David Moffat, Consultant ENT surgeon
March 2011 Budget
Download a summary of the March 2011 Budget
5 High Green
Great Shelford
Cambridge CB22 5EG
Telephone: 01223 843324
Facsimile: 01223 846007
