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Not a Pleasure!
A taxpayer operating on a pleasure beach was
selected for investigation under self-assessment. The investigation
lasted for nearly 18 months during which the Inspector carried out
a business economics exercise involving every single item sold in
the shop.
The exercise when presented to the taxpayer
was an inch thick and had obviously taken the Inspector many hours
to prepare. Such was his determination to achieve a settlement the
Inspector refused point blank to accept any explanations as to why
the exercise was incorrect.
It was only with the help of the policy that
the taxpayer was able to afford to fight the Inspector's claims
and eventually the investigation was settled with only minor adjustments.
The accountants fees paid were almost £3,000.
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