
Compliance check investigations are varied and can either be an enquiry into an aspect of your tax return or a full-blown investigation of your businesses and financial affairs. At times, they can be intrusive and feel personal.
HMRC starts more than 90% of compliance check investigations because it holds intelligence suggesting something is wrong. They are rarely selected at random.
HMRC uses its powerful Schedule 36 powers to assist its compliance check investigation by requesting documents/information and inspecting your business premises, sometimes unannounced.
When considering appointing specialist representation, clients and advisers should ask themselves these questions:
We will initially carry out a comprehensive review of the status of your compliance check investigation, working with you and your professional adviser, to ensure we have a full understanding of the issues and risks you are facing. We will prepare a strategy going forward to minimise your potential exposure to unnecessary tax, interest and penalties. Should a disclosure be necessary we will present this to HMRC to ensure that you are treated fairly and proportionately. Our aim is to fast track your compliance check investigation to resolution and closure of all issues to your satisfaction at minimum cost and disruption to you.