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Tax Dispute Resolution

The UK taxation system operates as a Self Assessment system. This broadly means that HM Revenue and Customs require taxpayers and businesses to complete and file returns assessing the amount of tax they believe they are due.

In order to ensure the accuracy and completeness of returns HM Revenue and Customs routinely open formal enquiries. Such investigations may include written correspondence, telephone calls, compliance visits, or some combination of all of these.

Enquiries may occur as a result of statistical analysis conducted by HM Revenue and Customs systems, unusual entries on returns which trigger requests for further information, or indeed random selection.

Notification of an enquiry or visit does not necessarily mean there is something wrong, however we advise clients to seek professional assistance as soon as possible. Enquiries may result in protracted arguments over technical issues and large demands for tax and penalties being levied.

Care must be taken with enquiries when assuming that HM Revenue and Customs point of view must be right. This may not necessarily be the case.

We at James Walsh Accountant Limited understand how stressful and intimidating investigations can be for taxpayers. The professional advice we offer can reduce the burden and assist in resolving enquiries more quickly and cost effectively.