NEWS
March 2, 2020
HMRC enquiries have become better targeted, and are being undertaken with an unprecedented level of detail and persistence. As mentioned in a recent Topical Tip (TT303, October 2019), total tax revenues in 2018/19 increased by £22bn to £627.9bn with tax investigations yielding £34.1bn of that – a 12.5% increase in additional tax on 2017/18.
The cost of defending yourself professionally is potentially huge; enquiries are taking longer and the defence costs are increasing. Even when the outcome of the enquiry results in no adjustments to your tax position, the cost of the defence can be just as costly.
At Barnes Roffe, we provide a valuable Tax investigations service which enables us to defend you in the unfortunate case that you are selected for an enquiry without worrying about the cost. Our service delivers protection against potential fees (up to prescribed limits per the policy) arising from professional representation in the event of an HMRC enquiry.
Subscribing to our Tax investigations service means we will:
- Provide you with full representation and challenge HMRC’s arguments.
- Put you on an equal footing with HMRC from the start.
- Ensure that you have a robust defence based on the facts, not your ability to pay.
- Protect your interests and work to achieve a fair outcome to the enquiry, without you facing an unwanted accountancy bill.
We have also arranged for subscribers to receive 24-hour access to a business legal helpline. Available 365 days a year, the team of qualified solicitors can assist with employment law, health and safety and commercial matters.
HMRC investigation methods have become more sophisticated and their access to information about you and your business has changed significantly in the last few years. We believe now is the time for all businesses and individuals to have the protection in place to help minimise the impact and cost of a detailed investigation.
To find out more about Tax investigation fee protection, and how to subscribe to this service, please speak to your contact at Barnes Roffe today.
PLEASE NOTE: By the very nature of this type of information the details of tax law might have changed since they were published, so contact your Barnes Roffe partner before acting on any matter contained in this document.
West London
3 Brook Business Centre,
Cowley Mill Road,
Uxbridge, UB8 2FX
T +44 (0) 1895 256423
East London
Leytonstone House,
Leytonstone,
London, E11 1GA
London, E11 1GA
T +44 (0) 20 8988 6100
South London
Charles Lake House, Claire Causeway, Crossways Business Park, Dartford DA2 6QA
T +44 (0) 1322 275335
London Bridge
1st Floor,
73–81 Southwark Bridge Road,
London, SE1 0NQ
73–81 Southwark Bridge Road,
London, SE1 0NQ
T +44 (0) 20 3814 9990
City London
46 New Broad Street,
London, EC2M 1JH
London, EC2M 1JH
T +44 (0) 20 3890 7360
We believe we are more than just your average accountancy firm. Our goal at Barnes Roffe is to engage our clients through a proactive relationship, which provides you with the resources and tools you need to enable you to take charge of your finances with confidence.
Tax news, audit news and any new accounting news ... with the help of our topical tips, blogs and key guides you can enjoy the benefit of being regularly informed of business and accounting updates which are likely to be relevant to you and your business.
PLEASE NOTE: By the very nature of this type of information the details of tax law might have changed since they were published, so contact your Barnes Roffe partner before acting on any matter contained in these documents.
