Monday 1 June 2020

Covid Pause Over - HMRC Restarts Enquiries

Fiona Fernie, a tax dispute resolution partner at the tax and advisory firm Blick Rothenberg, is quoted by BusinessMatters:

The recent pause in HMRC’s routine enquiry work is over and they are starting to contact both taxpayers and their agents again. Arepresentative of HMRC to whom we spoke on Wednesday confirmed that the temporary pause in enquiries was being lifted this week.

This means that tax inspectors will be looking at both personal and business tax affairs with renewed vigour; they will be looking to see whether those who were not supposed to be working during furlough were and investigating things like internet trading while the lockdown has been in place.”



Tax does have to be taxing.

Tax Investigation Insurance

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Tax Investigation Insurance is an insurance policy that will fully reimburse your accountants (your tax return agent) fees up to £100,000 if you are subject to enquiry by or dispute with HMRC.

A Solar Protect policy will enable your Accountant (your tax return agent) to:
  • Deal with any correspondence from HMRC
  • Attend any meeting with HMRC
  • Appeal to the First-tier Tribunal or Upper Tribunal
  • Having the security of knowing that fees will be met in full will enable your Accountant (your tax return agent) to defend your position robustly
  • Premiums are Annual Premiums.
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