Tax Investigations & Undisclosed Income with Wisteria
Wisteria’s tax team has dealt with many tax enquiries. In the last year, we have dealt with issues relating to:
Property tax and Capital Gains Tax issues
Under declared business profits
Voluntarily alerting HMRC to tax irregularities
VAT
Residency and domicile issues
Share schemes
Valuations of assets
Entrepreneur’s relief
Challenges to deductible expenses.
Our wide experience in dealing with such issues means that we understand the process and expectations. We also know what HMRC expects and, if there are issues with your tax affairs, how to manage the process to minimise penalties.
Taking the right first step is a key part of minimising your potential penalties. Contact us for a confidential discussion about how we can help.
Why choose Wisteria Accountants?
30 Expert Team Members
120+ Years of Experience
1000+ Happy & Active Clients
Our Understanding
Tax investigations are now more targeted than ever. HMRC uses its data sources to identify taxpayers who may have issues with their tax affairs or mistakes or omissions from their returns. This data can be drawn from a variety of places including, employers, investment houses, banks, and the land registry amongst others.
Dealing with HMRC in the right way from the very start is key to protecting your rights and safeguarding your business. By co-operating with and assisting HMRC, within the limits of what is reasonably required, you’ll be able to steer clear of penalties.
Here at Wisteria, we can help you do just that.