TAX ENQUIRIES
We deal with tax enquiries on your behalf before HM Revenue & Customs. It includes negotiations with the Revenue to make sure that you only pay the right amount of tax or you receive the tax refund you are entitled to.
By dealing with the Revenue on your behalf we take the hassle and the stress away from you.
We have been quite successful so far in all our cases: reduction of tax liability to a minimum in comparison with the estimate provided by the Revenue, tax refunds paid back to the client at the end of the enquiry with no further penalty, interests or charges.
Many Tax Returns are incorrectly completed by taxpayers every year because the information is not properly entered in the Return or they claim capital expenditure as revenue expenditure. Most taxpayers do not know or are not aware of the rules on capital allowances, allowable expenses, utilisation of losses, etc. For those reason, Tax Enquiries are open in their Tax Returns. We minimise the possibility for tax enquiries and we protect you if an enquiry is open, as we have taken reasonable care in completing your Tax Return and we have made sure that you have the relevant information which back up the expenditure claimed.
TAX CLAIMS
We have represented different clients in tax claims. The amounts of the claims have varied from £32,000 up to £250,000, depending on the cases.In many ocassions taxpayers are no aware of the deadline for certain tax claims or they do not know what claims they can make and/or the process and what is required.
In a claim for capital losses we were very successful after a long battle with the Revenue in order to satisfy them that the claim was allowed. The amount of the claim was £35,000 and £500,000 capital losses carried forward against futher capital gains.