Being subject to a tax investigation by HMRC can be a stressful and worrying experience.
Tax Enquiries can take weeks, months and sometimes years to be resolved and HMRC can request large amounts of historical information.
A Tax Enquiry could cover the last 20 years and penalties and interest can exceed the tax due.
Our experienced tax team can provide assistance and support throughout a Tax Enquiry to include liaising directly with HMRC on your behalf to ensure the best possible outcome.
In our increasingly digital world, HMRC have access to unprecedented volumes, and sources, of information. If you are aware of any undisclosed tax liabilities it is in your best interest to make a full disclosure to HMRC before they write to you. CKLG have extensive experience with making disclosures and can guide you through the process, helping to ensure you secure the lowest possible penalities.
If you receive a letter from HMRC asking you to disclose more information about your financial position, please contact us for advice on 01223 810100.
CKLG Accountants will ensure that you and your business are compliant with UK tax legislation.
FROM THE BLOG