Tax investigations

Under "self assessment", you (or we, on your behalf) prepare the tax return and send it to the Revenue.

If he receives it before 30th September, the Revenue will calculate the tax due, based on the information that you have provided. If you do not send in the tax return by that date, you are required to calculate the tax due and send it in by 31st January. Either way the Revenue have a whole year from 31st January to decide if they wish to "make enquiries" into the detail and computations with the tax return.

Selection for enquiry may be purely at random or for specific reasons, e.g. industry related, or certain items on the return do not appear to be correct or inconsistent with other information on the return.

We also prepare you for PAYE, NIC and VAT investigations. Even if the Revenue do not find anything wrong with the tax, PAYE or VAT return submitted, time and effort is expended by us to answer queries on your behalf raised by the Revenue. To avoid any unbudgetted accountancy fees being incurred in dealing with the enquiry, we have in place an insurance scheme with Copperfield to provide you with an agreed level of cover for additional accountancy fees, should this situation occur.

Please get in touch with David Cane on 020 8390 6878 for more details.