Specialist Services

Our experience as senior HMRC Inspectors and investigators has taught us that all of the best businesses had clear risk management policies in place, together with procedures to minimise financial risk, making it much harder for HMRC to successfully challenge the tax affairs of those businesses.

One of our more popular offerings to clients is a proactive offering whereby we: –

• Review proposed transactions before they take place;
• Review systems and controls; or
• Take a critical look at how business systems are organised and operate and suggest improvements.

All these are done with a view to assessing any areas of tax or regulatory risk well in advance of any potential regulatory challenge.

This can assist in ensuring that transactions take place in an organised and legally compliant manner and that the desired outcome can be achieved.

Should there be any subsequent regulatory challenge, the client will have a full suite of documents and opinion to support the particular treatment and can have an organised and well structured engagement with HMRC as the Regulator from a position of strength.

Particularly popular with clients is a review of the operation of benefits and expense payments for employers, as this has historically been an area of rich pickings for HM Revenue & Customs and remains to be so.

By taking the initiative and having a full health check outside of an HM Revenue & Customs challenge, we can offer businesses the opportunity to ensure they are fully compliant and that they can proceed with confidence.