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EPR Archived News |
Stay On Top Of A Potential Tax Investigation As HMRC Increases Prosecutions
Released on: May 04, 2011, 4:34 am With new predicted figures the government has released, it appears the chances of you being on the receiving end of a tax investigation, and potentially a prosecution, are set to increase over the next few years. HMRC has set a new target for additional tax revenue of £18 billion over four years and for prosecutions of 1,000 a year – a 500% increase from the current 200 prosecutions a year.
This all comes at a time when the government is looking to rapidly reduce spending. As a result, it is likely they will be making these investigations and prosecutions without the same level of intelligence as before. These figures should not come as pretty reading for those who run a business or are self-employed. An investigation can last for a long time and seriously get under your skin. Of course, you already have a busy and hectic lifestyle, and an investigation of this type can hamper your work and personal life. It is not a nice experience – as anybody who has gone through one before would tell you. If you are at all worried about any of this, or if you have already been contacted by HMRC, do not worry. You should contact the experts at Rooney Tax Services, who can help you. They can represent you, deal with all the documents and paperwork, and pretty much take over the whole case. Whether your problem is a local office investigation, a specialist investigation, a civil investigation of fraud or offshore disclosures under the new disclosure opportunity, Rooney Tax Services will do their utmost to assist you in an objective, clear and helpful manner. About Rooney Tax Services Contact Details: 4 Howarth Court, Water Orton
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