Does your client have to provide HMRC with documentation?
Clients and taxpayers may be nervous about handing over documents to HMRC. Will they explain everything, or will it just provoke even more questions?
Wanting to sell your business? Beware of the taxman!
You have worked all your life to build up a successful business and now its time to cash it all in and sell up. You have found a buyer and they are willing to pay the full asking price, no quibbles. So why should you beware of the taxman?
Enough!
A taxpayer’s financial affairs can be complicated. But HMRC can ask a never ending stream of questions that can make no sense, or seem to be irrelevant or ask the same question but in a slightly different way. Enough!
Are you resolving the issue with HMRC or just kicking the can down the road?
For some, kicking the can into the long grass might be even more preferable. Either way, when the time actually comes to resolving the matter, it will almost certainly be more expensive. And perhaps all you have had in between times is depression and sleepless nights.