A tax investigation is an official examination of your tax payments conducted by HM Revenue and Customs (HMRC), an authoritative body in the United Kingdom. As a governing authority, HMRC has the legal right to scrutinize your financial records, necessitating compliance with their requests. These requests may encompass a range of documents, including VAT information, evidence of PAYE payments, and details of income tax, among others.
While this process can be intricate for HMRC, it often causes stress and requires substantial time to fulfill the obligations for business owners undergoing an audit.
One effective measure to safeguard against an investigation is to engage the services of an accountant. Our firm is equipped to act on your behalf, providing support and expertise to navigate the complexities of a tax investigation.