Having HM Revenue & Customs conduct an investigation on your personal or business affairs can be lengthy, stressful and costly. No one is exempt from the tax authorities taking a more detailed look at their accounts or tax returns.
We aim to draw an enquiry to a speedy conclusion and to minimise any tax, interest or penalties that may ensue should HMRC determine there are further liabilities.
In recent years HMRC have developed a team of tax inspectors whose primary role is to raise additional tax. While we have worked with you to complete your accounts and tax returns, this team is there to discover where income or gains have been understated.
The professional fees for attending to all aspects of the work – discussing this with you, responding to HMRC’s enquiries and keeping you informed regarding likely outcomes – can be substantial, so our Fee Protection service is an important aspect of ensuring you do not have to concern yourself with our fees.
Please contact Liric Accountants today to find out more about our Fee Protection service and how the small annual premium could protect you and your business from unwelcome additional costs.