HMRC Investigations and Enquiries
Being the subject of a tax investigation or enquiry by HMRC can be a stressful and worrying experience. We have a wealth of experience in dealing with HMRC investigations, whether they are enquiries into an individual’s Tax Return, more detailed enquiries into a company’s affairs or employer-related investigations into PAYE and P11d compliance. If you are the subject of an investigation, we can provide expert help and support.
Ever changing regulations and the growing demands of HMRC mean VAT compliance can be a difficult administrative process. We can help to ensure that you comply with the regulations and that overpayments are not made. To help you manage this complex area, we provide an efficient, cost-effective VAT service, which includes:
assistance with VAT registration
advice on VAT planning and administration
use of the most appropriate scheme
VAT control and reconciliation
help with completing VAT returns
planning to minimise future problems with HMRC
negotiating with HMRC in disputes and representing you at VAT tribunals if necessary
Making Tax Digital
VAT can be a complex area and can sometimes feel like a daunting task, especially as Making Tax Digital comes into effect from 1 April 2019 for VAT registered businesses with a turnover above the VAT registration threshold of £85,000. If you’re struggling with the finer details just give us a call or send a message!
We have the expertise and software to take the headache out of the form filling and compliance aspect of Self Assessment. Over recent years HMRC have increased the penalties for failing to file a return on time and for errors. We can complete tax returns, calculate any tax liability and advise you on exactly when to make payments and how much to pay.
Changes in the way PAYE is administered in recent years has led to businesses having to submit regular Real Time Information (Rti) reports to HMRC. These reports are a statutory obligation and are required to be submit before payday each period end. We have recently started to see more instances of HMRC issuing fines for non-compliance and late payment interest charges.
We can help keep you on track using our online accountancy and payroll software
Under Corporation Tax Self Assessment (CTSA), the legal responsibility for correctly calculating the corporation tax liability falls on business owners. We understand the issues facing owner-managed businesses and can prepare tax returns in a timely and efficient manner. We will also calculate your company’s tax liability and assist with the calculation of any quarterly instalment payments due.
The increased reporting obligations, investigation policies on the part of the tax authorities and harsher penalties for non-compliance mean that your time and resources can be taken up with tax administration. We will help to minimise corporate tax exposure and relieve the administrative burden of compliance with current tax legislation. Effective corporate tax planning can also result in significant improvements in your bottom line.
What People Say
It’s easy to switch
To get started, simply request a no-commitment call-back using the form.
We’ll contact you to discuss your accounting needs and together choose the package that best suits you
If you’re happy to make the switch, we’ll ask you to sign a standard letter informing your current accountant
We will then liaise with the accountant to retrieve all your past files and bring your accounts up to date