Tax Investigation & VAT
The Chancellor's decision to merge the Inland Revenue and HM Custom and Excise means that they will be in better
position to communicate with each other about your business and hence information can be passed from one to another. VAT investigation can be
started by HM Custom & Excise as a result of an Inland Revenue enquiry.
The Inland Revenue has been empowered by tax
legislation to select tax returns submitted for investigation. The reason for investigation maybe varied. Some businesses may have a higher
risk of being investigated than others, due to late submission of tax returns, unexplained capital accumulation, or because purely selected at
random. Whatever the reason, we have the skills and expertise to handle the investigations on your behalf, and always serve your best
interest.
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