Being the subject of a tax investigation by HMRC can be an intrusive and demanding challenge to your tax returns and accounts. It can be a very stressful and worrying time and also a potentially costly exercise which can have a major impact on you, your family and your business. It is a truly daunting prospect.
HMRC staff can now review cases on a 'sample basis'; consequently, tax investigations have become more frequent.
We have a wealth of experience in dealing with HMRC investigations, whether they are enquiries into an individual’s Tax Return under the Self Assessment regime, more detailed enquiries or employer-related investigations into PAYE and P11d compliance. We also have dealt with a large number of compliance reviews of IHT400’s, especially for farms and estates arguing Business Property Relief (BPR) and Agricultural Property Relief (APR).
We have also seen recently a large push by HMRC to look into the equine world, especially the stud farms and the 11 year concession. We have even seen HMRC enquiries into the second year of stud businesses. Not only can we assist you in these investigations we can also provide you with proactive advice in order to ensure that should you come under investigation you have all the relevant measures in place to defend your long term venture.
If you are about to be the subject of an investigation, we can provide expert help and support.
We have successfully argued with HMRC in many areas and we have also argued on specific areas for example Business Property Relief and Hope Value and Business Property Relief on non-transfers.
We can work alongside you and your existing team of advisers or we can offer a full package accounts and tax service.
What ever your needs are, we can offer a tailor-made service.
Julie Butler, Managing Partner brings experience and expertise in the farming and equine areas.
Lucy Butler, Tax Enquiry Manager works hands-on on the day to day management and running of tax enquiries.
Malcolm Gunn, former editor of Taxation magazine and a Tax Consultant at Butler & Co, assists in providing the technical expertise.
When HMRC chooses you for investigation, you need protection right from the start. Let us handle the taxman and Premier Protection will handle the costs.
The most accurate bookkeeping and conscientious accountant cannot ensure that you will not be chosen by HMRC for a tax or VAT investigation or Employer Compliance Review. If you are chosen, the financial and personal costs of a protracted case can be significant.
Even if the final decision is that you owe the taxman nothing at all, we will still have to charge you for the time we have spent dealing with the matter on your behalf.
Premier Protection protects you from the outset and is a service we have set up to protect you against the costs of dealing with HMRC investigation – it has been designed specifically to deal with HMRC’s new powers.
If we become involved from the start of any investigation, you are far more likely to escape paying extra tax or penalties and you have the reassurance of knowing that, however much time we spend fighting your corner, Premier Protection will cover the expense.
Premier Protection covers our costs in the event of:
Premier Protection allows us to work up to a maximum of £100,000 per HMRC investigation to get the best results for you.
Join our Premier Protection service and our practice, which you know and trust, will deal with the tax man on your behalf, giving the matter all the time and attention it needs. Not only that, but the service also give you access, at no extra costs, to a valuable Business Support Helpline run by advice line consultants from Croner, one of the country’s leading providers of business advice. With employment and health and safety legislation increasing all the time, it is vital that you have access to the right support and guidance to keep your business on the right side of the law. When you need a guiding hand or a second opinion, the Business Support Helpline gives you access to telephone advice from a team of experts.
To discuss how Premier Protection is relevant to you call us on 01962 735544.
If you would like more information or would like to ask us a question then call us on 01962 735544. To ask us a question online click here.