Since the beginning of 2010, HMRC has set up a number of task forces. The purpose of these is to target where HMRC believe significant underpayment of tax may have occurred.
These tax forces have targeted the construction industry, landlords and fast food outlets, to name just a few. By the end of 2015 well over 100 task forces will have been set up by HMRC.
So what does this mean?
Well, in a nutshell it means that tax investigations are happening more. Many enquiries are selected completely at random.
HMRC is cranking up the pressure on businesses with new target areas and industries. In our experience, it’s easy for HMRC to say you have nothing to fear if you aren’t unfairly avoiding tax, but sometimes they are looking for trouble and find it.
If you are contacted by a HMRC task force, the first thing is, don’t panic – we recommend speaking to us, the sooner the better.
Being targeted for a tax investigation by HMRC is a scary thought, especially if you feel unsupported and exposed as manager or director of the business.
Should you receive that call, let us support you in:
- Preparing the paperwork and documents they will want to see
- Preparing you for what to expect
- Liaising with HMRC on your behalf
- Remaining with you throughout HMRC’s visit
- Addressing any concerns they might have
- Helping correct any issues that arise
Why not take advantage of our fee protection service?
For an annual fee we can give you peace of mind that, should HMRC come knocking, you have everything in place to cope.
