Tax Investigations

Are you aware that HM Revenue and Customs no longer need a reason for opening an enquiry into your business or personal affairs? This means that potentially everyone is at risk of a tax investigation

Aberdeen Accountants can offer you Fee Protection Insurance, which covers the cost of work your Aberdeen Accountant has to do towards an investigation.

The costs associated with an investigation can be devastating, and even if you are successful in defending yourself against HM Revenue & Customs, you cannot recover your costs from the department. But with this insurance, we feel that you will have peace of mind should you be investigated.

Furthermore, your Aberdeen Accountants will be provided with experienced consultants (paid for by the insurance) to assist through the investigation making sure it is resolved as quickly as possible.

How can I avoid an investigation by HM Revenue & Customs?

The best route for avoiding an investigation would be to employ an accountant first and foremost.  Using an accountant should ensure that your return is accurate and complies with the UK tax regime.

HM Revenue & Customs do, however, carry out a number of random investigations which are, unfortunately, unavoidable. So even if you believe that there are no unusual entries in your accounts or on your tax returns, an investigation could still happen to you.