HMRC Tax InvestigationsProfessional Fee Protection

HMRC tax investigations aren't just something you hear about; they are on the increase. Protect yourself with our tax investigation service

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What is a tax investigation?

A tax investigation occurs when HMRC make enquiries into the tax affairs of a business or individual.

Any person or business that submits a tax return can be investigated by HMRC. The investigation looks for any financial irregularities, mistakes, or potential signs of fraudulent activity.

Many tax investigations are random. Unusual fluctuations, undisclosed accounts and random spending can also prompt an enquiry into individuals and companies.

Tax investigations are on the rise

HMRC believes large companies underpaid around £35billion in tax for 2020/21. This is reportedly the 6th year in a row this figure has grown.

HMRC are increasing their efforts to reduce aggressive tax avoidance and evasion. They have already introduced 1,000 new officers and are making more sophisticated use of data received from banks and other institutions.

HMRC can target anyone who submits a tax return and their highly efficient ‘Connect’ software is accessing and trawling through financial information right now.

The powerful system can trace even the smallest discrepancy in spending or earnings, prompting an investigation into individuals and businesses.

Protect yourself with our Tax Investigation Service

Peace of mind

Could you be affected?

HMRC conducted 337,000 tax enquiries last year and brought in £34.1bn of additional tax generated through investigations.

Powerful new software can trace even the smallest discrepancy in spending or earnings, prompting an investigation into individuals and businesses. 83% of tax investigations are triggered by HMRC’s ‘Connect’ system.

Anyone who submits a tax return is a potential target.

If HMRC states its intention to investigate your tax payments don’t panic.

Call us – your dedicated accountant and best defence. We will translate the many complicated questions the taxman may pose, manage the entire conversation with the taxman, help you submit any required information and minimise the impact on your business or personal life.

However, the cost of supporting you throughout an investigation is not covered in our usual accountancy fees.

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As your dedicated accountant, we’re here to help you manage any tax enquiries you might receive.

It is vital to be led by specialist advice and guidance when dealing with HMRC.

With the tax investigation fee protection service our fees will be paid for if HMRC investigate you, for a summary of the protection afforded by our service (including the indemnity limits) please refer to our ‘Service Summary’.

By subscribing to our service, you’ll also be dealing with a trusted and familiar face that knows your affairs – not an unknown accountant who may be appointed if you subscribe to an alternative scheme.

We believe that we know your business best and we want to be there for you when you need us most.

Plus, for limited companies and partnerships, the tax investigation fee protection service provides inclusive cover for all relevant individuals.

So if your business subscribes to the service, all of your directors, partners and their spouses and company secretaries will also receive representation during an investigation into their personal tax affairs as long as we act for the individuals concerned.

Just spend a little now to potentially save a lot later and take the stress, time and professional costs out of a tax investigation.

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How can Shorts help?

HMRC investigations can be disruptive, intrusive, and expensive. The process can drag on for a year or more, creating mounting costs and rocketing stress levels, even if there has been no wrongdoing.

As your dedicated accountant, we’re here to help you manage any tax enquiries you might receive. Our qualified team of tax experts will translate the many complicated questions HMRC may pose, manage the entire conversation, help you submit any required information and minimise the impact on your business or personal life.

How our Tax Investigation Service works

With the tax investigation fee protection service our fees will be paid for if HMRC investigate you. For a summary of the protection afforded by our service (including the indemnity limits) please refer to our ‘Service Summary’.

By subscribing to our service, you’ll also be dealing with a trusted and familiar face that knows your affairs – not an unknown accountant who may be appointed if you subscribe to an alternative scheme.

If your business subscribes to the service, all of your directors, partners and their spouses and company secretaries will also receive representation during an investigation into their personal tax affairs as long as we act for the individuals concerned.

Business Protection

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