Please Note: Our tax investigation cover is exclusively available to existing clients of Forrester Boyd Chartered Accountants. This service is not offered as a stand-alone option.
We are here to provide expert advice
What does our Tax Investigation protection cover include?
Our protection service ensures you're not alone during HMRC enquiries. As your dedicated accounting team and tax advisors, we provide expert advice and cover all of our associated fees if you're investigated. Our service is comprehensive, supporting not just the entity but also directors, and partners, where we complete their tax returns*.
By choosing our service, you are protected by trusted, familiar professionals who understand your business thoroughly, unlike other schemes that may assign unfamiliar accountants.
Invest a little now to save significantly later, reducing stress, time, and the cost of professional services during a tax investigation.
*provided they do not have other self employment income of £15,000 or more and/or gross rental income of £50,000 or more.
What is a Tax Investigation?
HM Revenue & Customs (HMRC) can open a tax investigation to examine the affairs of individuals or businesses that submit tax returns. It may also be called a 'compliance check' or 'enquiry' and can take various different formats depending upon the circumstances, but often starts with a letter requesting further information from you.
Investigations may proceed with correspondence going back and forth, or may involve calls or meetings to discuss particular issues, or a visit to your premises to examine books and records on site. Each investigation is different, so it is difficult to say how quickly it will be resolved, but even small enquiries can take months, and larger investigations will frequently span 18 months or more.
Ensure you are protected
What triggers a Tax Investigation?
Tax investigations may be initiated by unusual financial fluctuations, undisclosed accounts, or seemingly random expenditure.
HMRC has advanced software to bring together information from different sources, and this can be used to meticulously scan financial records to pinpoint even minor inconsistencies in income or expenditure, potentially triggering a detailed examination.
Despite these triggers some investigations are also randomly selected, making everyone a potential target in today's era of rigorous HMRC checks.
Avoid the stress of an investigation
Are Tax Investigations disruptive?
Tax investigations are notoriously disruptive. HMRC holds the authority to inspect your business documentation and assets, demand additional records, conduct unannounced visits, and probe into your finances going back up to six years (sometimes more).
Such investigations are not only intrusive but can also be lengthy, costly, and stressful, significantly affecting your financial and mental well-being.
Why choose our Tax Investigation protection service?
Expert guidance at every step
Financial stability
Comprehensive coverage
Your FREE Tax Investigations Flyer!
We are here to protect you!
It is more important than ever to ensure you’re protected against Tax Investigations...
- Tax investigations can happen to anyone – whether you are an individual or in business.
- For an annual charge, you can rest assured that you are protected against the professional costs associated with an HMRC enquiry.
- Our tax investigations package is designed to achieve the best possible result for you.
No one can prevent an investigation, but our tax investigations package will enable us to provide the best defence and make sure your case is handled fairly by handling all communication with HMRC and providing them with relevant information. We are also here to address any complex or technical tax questions that are raised.
Be prepared, be protected...
Ready to protect your peace of mind?
Tax Investigations can happen to anyone, and if you are chosen this could mean significant disruption and cost to you and/or your business. Invest in our Tax Investigation Service to help shield yourself from potential financial hardships and ensure seamless operation of your personal and business affairs amidst tax enquiries, by ensuring that we are able to represent you without further cost to you or your business. Don’t let the prospect of an HMRC investigation disrupt your life.
Get Covered: Contact us today to benefit from our Tax Investigation Protection Service or to learn more about how we can help you remain prepared and protected against the complexities of tax investigations.
Business Hub
Clients who subscribe to this service will also benefit from access to a legal portal, Business Hub, provided by Markel Law.
This provides assistance with everyday legal issues around employment, health and safety, trading and contracts, cyber and data, and debt and insolvency.
Written by expert solicitors who have experience advising on daily business issues and includes:
- 900+ DIY contracts, policies, forms and letter templates
- 600+ straightforward guides
- Up-to-date information on new legislation and case-law
- Easy to use – online, mobile and tablet