Who’s in control of your client’s tax investigation?
Knowing when a tax investigation is out of control isn’t easy but there are a number of triggers that can ring alarm bells.
How do you tell your clients to stop procrastinating and deal with their tax investigation?
Few people relish a tax investigation. Many taxpayers bury their head in the sand. Find out how you and your clients should deal with a tax investigation.
R&D Fraud Crackdown – Who should respond to HMRC or handle your client’s R&D queries or investigation?
Businesses have seen strongly worded letters landing on their desks around tax fraud, there is no doubt that enquiries will be raised around past R&D claims.
Do your clients have any skeletons in the cupboard to clear out prior to selling their business?
Many business owners have skeletons in the cupboard that could be a big hurdle to either selling their business or achieving their desired sale value. But how do you overcome them?
Do your clients mix business with pleasure?
If a business owner is on holiday but working is it an allowable tax deduction and what happens if HMRC investigate?
No invoice. No tax deduction.
For HMRC and their advisors, every tax investigation and case is different and its outcome directly dependant on all the relevant facts. Find out how you can still get a tax deduction from HMRC for an invoice you may not have.
What does HMRC mean when they say your client’s behaviour has been deliberate and concealed?
The level of HMRC tax geared penalty will depend upon a taxpayer’s behaviour that brought about that loss of tax in the first place. But, how do you establish a taxpayers behaviour?
What is a “formal information request” from HMRC?
Knowing whether a request from HMRC is a formal information request or an informal request should impact how a taxpayer deals with the request and the outcome.
Why is HMRC so interested in your client’s hobbies?
How do your clients separate their personal and business lives. Do they put things ‘through the company’ that relate to their or their family’s hobbies?
The Pandora Papers are back – and with a vengeance
You may recall ‘The Pandora Papers’ back in 2021 and may have assumed that issues around these have been resolved or ‘gone away’. Wrong! Find out more about what this means for your clients.