Corporate Tax Investigations

Corporate Tax Investigations will be dealt with by Inland Revenue investigators who have significant experience in dealing with Corporate Tax and tax investigations. On occasions the tax investigation may be conducted by a team of Inland Revenue Inspectors and also include a PAYE audit. With the Merger on the Inland Revenue with HM Customs the team may also include an Officer with VAT knowledge.

There has been a move over the last few years to conduct the examination of the business records at the business premises. It is also not uncommon for this type of tax investigation to also lead to an examination of the proprietor's tax affairs by undertaking an Income Tax Self Assessment investigation into the Directors at the same time as the Company tax investigation.

Invariably, a small percentage of these types of tax investigations are random. However, generally the Inland Revenue only conduct a full tax investigation when they believe there may have been a tax fraud or tax evasion. Although the Inland Revenue may suspect tax fraud these tax investigations do not always result in the Inland Revenue Inspector obtaining a financial settlement.

Where the Inland Revenue investigation demonstrates a significant tax fraud it will be passed to Special Civil Investigations or the Civil Investigation of Fraud Terms.

If you are subject to a Tax Investigation and would like expert tax advice or details of how we can help please phone 0800 734 3333 or click here