Taxation Services
Investigations and Appeals
Enquiries and investigations are here to stay. With the Government’s continuing drive towards maximising tax revenue without raising tax rates, investigations are seen as one of the most effective ways of achieving this aim.
The freeing-up of Inland Revenue staff from routine work, now done by the taxpayer, has led to an increase in the number and depth of investigations taking place. A trend that is likely to continue!
The effects of an investigation upon a business or individual can be disastrous. They are extremely stressful and are potentially costly.
Pierce uses its expertise and experience to support you during an investigation and can deal directly with the Inland Revenue, negotiating on your behalf to minimise the tax and interest being demanded, obtain the lowest penalty and, in the most serious cases, avoid potential prosecution.
We have also investigated ways of protecting our clients from having to pay out large fees in the event of a tax investigation. Pierce can now provide access to an insurance product which will cover professional fees incurred if you are subject to disputes and investigation in:-
- Self assessment full or aspect enquiries for both income tax and corporation tax
- Employer Compliance Disputes in respect of PAYE, P11D and NIC disputes
- HM Customs and Excise VAT disputes
- IR35 Disputes.
Tax investigations can affect your business at any time. If you find yourself in this situation, professional advice from a team that has the experience of dealing with investigations can ease the burden considerably. Seeking our advice at the earliest possible stage allows us to highlight missed tax planning opportunities and minimise your stress levels, leaving you focused on the running of your business. It is never too late to ask for help.