Tax Risk Management
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.
How can we help
We have been dealing with HMRC related troubles for a combined period of over 150 years, having dealt with hundreds of cases both as former HMRC Investigators and assisting and supporting clients in our time in practice. Our clients tell us that they value our extensive knowledge and genuine "hands on" accessible and no nonsense approach to any matter involving HMRC and disputes and difficulties with them.
We operate nationally, or internationally, and are not tied to our desks.
We believe in giving a clear and no nonsense level of support with affordable fees and costs. Our pricing structure is affordable, and we will fix budgets for our engagements avoiding the traditional open-ended, "on the clock" approach of larger firms and our competitors.
To discuss this with us on a non-judgemental, discrete and no-cost basis call our helpline 0800 001 6686 or contact us today.
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