© PFP 2000
 
 


What we believe

The Inland Revenue is becoming more aggressive in how they deal with investigations. Targets have been set to collect more tax in over 75% of cases regardless of how innocent the taxpayer may be. The Inland Revenue does not have to give a reason for investigating and even selects some cases completely at random.

Under close scrutiny are trades, professions and limited companies, all of which continue to be targeted under self-assessment. In their latest report, the Inland Revenue announced that in the next two years, their investigations would exceed 200,000 businesses and 80,000 individuals.

The question is no longer IF you will be investigated...but WHEN?

For those being investigated, a tax enquiry can be an extremely long, drawn-out and stressful experience and can have a huge financial impact.

Accountancy and legal fees can run into £'000s causing substantial losses for individuals and businesses. Consequently, they tend to be be forced to accept an unfair settlement rather than pay for the professional advice they need to fight their case.