If you have received an HMRC tax investigation letter or phone call, no need to panic. You have the best tax investigations specialists from Legend Financial. For everyone who has been through it, no doubt, the process can be very time-consuming and stressful. But that does not automatically mean you have committed a serious crime. Any sudden changes in your tax return or payroll or operating in a sector HMRC targets for that tax year may have triggered the audit. We are here for any type of tax investigation you may have to face!
We Make Your Compliance with HMRC a Priority
Whilst there is no way to avoid tax inquiries, you have two ways to dodge a full-scale investigation—ensure proper navigation of your personal or company tax return and employ an experienced consultant once a tax investigation does come. Search tax specialists near me in Google, and you will find Legend Financial. Leave this task to the veterans and spare yourself from tax investigation headaches.
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Tax Investigation Enquiries Answered in Details
The length of the process depends on how much information HMRC requests from you and it will investigate. Smaller cases would take between three and six months, whilst intensive cases could take up to sixteen months.
Tax inquiries may happen when you submit tax returns with suspicious changes or errors or belong to a certain industry HMRC targets for that tax year. HMRC automatically spots any irregular patterns in tax returns, such as sudden higher VAT claims or largely decreased reported income compared to the previous tax years.
After self-assessment, there will be 1 in 10 tax returns examined, which means every taxpayer will face tax investigations within a ten-year frame.
HMRC first opens tax investigations, notifies the taxpayer, requests essential documents, interviews the taxpayer or their tax representative, and then determines the consequences.
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We provide services to our clients based on the principle of honesty, sound knowledge, reliability, and integrity, assuring the best quality and relevant advisory to our clients’ individual and business tax needs.
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246-250 Romford Road,
London, E7 9HZ
Our Locations: Stratford, London ● Hounslow, London ● Milton Keynes ● Manchester ● Glasgow ● Bolton
© Legend Financial and Tax Advisers Limited is registered in England and Wales, Registration number: 08103572
