Tax Investigations

Are you aware that HM Revenue and Customs no longer need a reason for opening an enquiry into your business or personal affairs? This means that potentially everyone is at risk of a tax investigation

What you will get from us

Tax advice

We will keep you up to date and advise on all legislative matters so you can run your business more efficiently.

24 hour response

We promise to get back to you the same day, or within 24 hours, to resolve any issues you may have.

Dedicated Accountant

We know how crucial it is to have a single point of contact to resolve any issues.

Punctual

We promise to be punctual at all times to ensure that deadlines are always met

HMRC Tax Investigations

The Government has charged HMRC to increase the UK tax yield by £24,500,000,000, yes that’s £24.5b!

The government has made investments into staff, nearly 5,500 more employees have been added to HMRC’s headcount to specifically achieve their target, and new IT processes have given HMRC more information to act upon.

Already more than £600m additional tax has resulted from targeted campaigns into specific industries, professions and trades such as medics, plumbers and electricians. Every few months HMRC publish exactly which further sectors they are going to target, and it is likely to be only a matter of time before they get to yours.

We at The Chowdury Accountants have recognised that it’s not only errant tax payers that get looked at, even honest law abiding ones are selected for one reason or another. It may be that your turnover has fallen a bit lately due to a spell out of work because of illness, or your gross profit has increased because you’ve had a particularly good project this year. These circumstances and more are ‘flags’ for HMRC to have a closer look at your accounts and tax return.

There is probably nothing amiss, but HMRC will still want answers.

Why use our tax experts?

At The Chowdury Accountants, we have had years of experience in dealing with HMRC on these types of occasion and know what to say, and what not to say!

Remember the Enquiry can start from a simply VAT or PAYE visit as well as a review of your accounts and tax return.

If you require any further information regarding tax investigations or are subject to an ongoing investigation, please call us for a no obligation and friendly chat so that we can understand your situation and offer the help that you require.