Tax investigation services
Regardless of how big or small your business is, it’s not immune to the possibility of an HMRC tax investigation. Finding yourself at the centre of such a check can be stressful and time-consuming – so much so that it can prevent you from running your business effectively. A tax investigation can take the form of a full enquiry, an aspect enquiry (i.e. covering a specific part of your accounts) or a random check (which is relatively rare).
At JR Accounts, we have many years’ experience in supporting businesses like you approach an array of tax investigations. Regardless of the issue you’re facing, you can liaise with us at a time that is convenient and we’ll be happy to answer any questions you may have. Among those investigations that our services cover, you can find support for the following.
Tax investigation scenarios include:
- Non-payment of taxes (or underpayment of taxes)
- Incorrect tax calculations
- Other issues arising from your business’ tax returns
- Anomalies in your Pay As You Earn (PAYE) records
Types of taxes investigated by HMRC include:
- Capital gains tax (CGT)
- Corporation tax
- Income tax
- Value Added Tax (VAT)
- Construction Industry Scheme (CIS) – whereby money is deducted from the payment to a subcontractor and passed onto HMRC
- IR35 – covering off-payroll scenarios (e.g. a contractor masquerading as a legitimate employee)
Prevent the risk of an investigation
With the assistance of JR Accounts, the likelihood of an HMRC check is very small indeed. And even if one takes place, we’ll ensure that it’s a great deal easier to deal with. Our experienced and qualified team will be able to manage any investigation in full, providing you with the support and advice that you need to be comfortable throughout the entire process. To learn how we can help with tax investigations or any other accounting matters, please get in touch with our Ilford accountants as soon as at your earliest opportunity.
