Tax Investigation Service

As you may be aware, we provide a service exclusively to our clients to protect them against paying additional accountancy fees in the event of them coming under the scrutiny of an HM Revenue & Customs (HMRC) investigation.

Since the introduction of self-assessment, random audits now take place regularly.  In April 2005, the Inland Revenue merged with Customs & Excise, which seems to have given them more power to increase the level of random investigations.  Every individual and business is at risk of being investigated by HMRC.  They collected further tax in over 80% of enquiries in 2005 and are looking to increase the tax yield to £3.6 billion within three years.  Some taxpayers were unlucky enough to pay an average settlement of £20,000, which is why we offer this service in order to protect our clients from the cost of such investigations.

When you subscribe to our Tax Investigation Service, we are able to make a claim against our insurance policy held in respect of our fees incurred when we defend a client who is subject to either a full enquiry, an aspect enquiry, a VAT dispute or a PAYE and NIC dispute.  You may or may not be aware that the accountancy charges for an HMRC investigation increases to currently £250 plus VAT per hour.  

In the case of a limited company, the work includes dealing with investigation work into the company itself, together with the personal tax affairs of the key directors where those directors are also major shareholders.  In relation to partnerships, the work covers the affairs of the individual partners and their share of the cost to the partnership.

If you are not covered by our service and would like the peace of mind in knowing that, if you were to be investigated, you would incur no further accountancy costs, please contact Emma Pottinger e-mail who will be happy to provide you with further details.

Tel: Laura 0208 370 7726

Ramsay House, 18 Vera Avenue
Grange Park, London N21 1RA