Tax and VAT investigations
When HM Revenue and Customs (HMRC) considers there is a risk of tax being lost, it will investigate. This type of enquiry is likely where one or more of the following factors exists:
- Cash businesses
- Late returns or late payment of taxes
- Unexplained capital accumulations
- Insufficient income to meet outgoings
- Third party information
- Information from other tax gathering departments, e.g. the VAT office, PAYE audit or compliance visit.
HMRC will also pass information to the VAT authorities, which could trigger a further investigation into VAT.
Dealing with such investigations is both time consuming and costly and requires the support of professional consultants.
AGS’s dedicated and experienced investigation team can act for you in a consultancy capacity advising you in the conduct of an investigation.
Or we can take over investigations on your behalf, dealing directly with HMRC or the VAT office and negotiating over issues including penalties, interest and settlement terms, in your best interests, to bring the investigation to a satisfactory conclusion.
For more information, please contact us on 01384 217222 or at firstname.lastname@example.org.