Tax Investigations

HM Customs & Excise

Customs and Excise routinely conduct visits to businesses to ensure compliance with VAT laws.

If there is suspicion of wrong doing then Customs and Excise will investigate.

Generally Customs and Excise inquiries are civil matters. If additional tax is payable there may be fines and interest.

Serious VAT fraud involving tax of not less than £75,000 usually results in a criminal prosecution and may also attract a jail sentence.

The severity of the inquiry is determined by the office involved :-

Local office inquiry, generally handled in - house by Kagdadia & Co.
Specialist office investigation, special compliance or serious fraud office. In this instance we would recommend a specialist firm to handle the inquiry with assistance from Kagdadia & Co.

For your free initial consultation and quotation please send your details by E-mail,

Introduction

A tax investigation can be a very difficult experience for someone who has not previously been the subject of an in-depth inquiry. It is therefore essential to engage professional help to deal with the relevant tax office.

Seeking professional help will ensure that your tax affairs are handled properly and efficiently.

If you are currently under inquiry and you feel that your tax affairs are not being handled fairly please contact us for a second opinion.

For your free initial consultation and quotation please send your details by E-mail,

There are essentially two types of tax investigation that we handle at Kagdadia & Co. Inland Revenue and HM Customs & Excise (VAT), please select relevant button for further information.

Inland Revenue...Self Assessment...Inquiry into the tax affairs of :-

Self employed individuals
Partnerships and partners.
Individual not in business but has to file a self-assessment tax return.

PAYE/NIC..Compliance investigation into the PAYE/NIC matters relating to the employees in a business.

Corporation Tax...Enquiries into the tax affairs of a limited company.This could give rise to an inquiry into the company directors personal tax affairs

If a person happens to be a director of a limited company and has to file a self-assessment tax return. An inquiry into the directors personal tax return could then lead to an inquiry into the limited company's tax affairs.

The severity of the inquiry is determined by the office involved :-

Local office inquiry. These are generally handled in- house by Kagdadia & Co.
Specialist office investigation, special compliance or serious fraud office. In this instance we would recommend a specialist firm to handle the inquiry with assistance from Kagdadia & Co.

For your free initial consultation and quotation please send your details by E-mail,