Tax Investigation Services in the UK
Tax investigations can be stressful, time-consuming, and costly. At Jermyn & Co, we provide comprehensive support to protect you from the financial and emotional toll of HMRC enquiries. With tax compliance becoming a significant focus under recent government measures, it’s more important than ever to be prepared for potential investigations.
Whether you’re a business owner, a sole trader, or an individual taxpayer, our Tax Investigation Fee Protection Service ensures you have expert representation throughout the process without the added burden of professional fees.
Why Jermyn & Co?
What is a Tax Investigation?
A tax investigation is an enquiry conducted by HMRC to ensure that your tax affairs are accurate and compliant. These investigations may arise randomly, as HMRC has the authority to check any taxpayer’s records without specific cause.
Recent statistics show a sharp increase in HMRC’s efforts:
- 416,000 tax enquiries were conducted in the 2023-2024 financial year, up from 327,000 the previous year.
- With the UK government addressing a “£22bn black hole” in national finances, HMRC is expected to escalate its efforts further, particularly targeting areas of underreported income.
Investigations may range from routine checks, such as VAT or PAYE reviews, to more in-depth examinations of business or personal transactions.
HMRC Investigation Support
Tax Dispute Resolution
Voluntary Disclosures
Self-Assessment and Compliance Reviews
Protect Yourself with Our Tax Investigation Fee Protection Service
At Jermyn & Co, we offer the Tax Investigation Fee Protection Service, designed to provide peace of mind and financial security during HMRC enquiries. Backed by Croner-i, a leading provider in the UK, this service covers our professional fees of up to £100,000, ensuring expert support without additional financial strain.
Key Features of Our Service:
- Complete Representation – We handle the entire investigation process, liaising with HMRC on your behalf.
- Fee Coverage – All professional fees incurred during the investigation are covered by the insurance policy.
- Expert Advice – Gain access to our experienced team to build a robust defence and save time and money.
When you subscribe to our service, you’re safeguarded against the costs and complexities of a tax enquiry, allowing you to focus on your business or personal priorities. Terms and conditions apply, contact us for full details.
Why Do Taxpayers Get Investigated?
Tax investigations can be triggered for several reasons, including:
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Random Selection
Many investigations are initiated randomly, regardless of whether you’ve made any mistakes in your tax filings. -
Specific Industry Focus
Certain industries are under greater scrutiny, including:- Sectors with complex VAT or PAYE systems.
- Businesses affected by IR35 regulations or employment status disputes.
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Unusual Patterns or Data Discrepancies
HMRC’s Connect database gathers data from multiple sources, including:- Banks, land transactions, and council tax records.
- Digital marketplaces (e.g., eBay, Airbnb, Vinted).
- Social media profiles.
- Any discrepancies or unusual activity could raise red flags.
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Side Hustles and Extra Income
HMRC is increasingly focused on individuals earning through side businesses, such as pet breeding, property rentals, or selling on digital platforms.
The Consequences of a Tax Investigation
Tax investigations can be a significant burden, with consequences such as:
Time and Stress
Responding to HMRC’s requests and compiling documentation is time-consuming and stressful, potentially disrupting your business or personal life.
Expensive Professional Fees
Expert representation during a tax enquiry can incur substantial costs beyond your regular accounting fees.
Potential Penalties and Fines
If HMRC identifies errors, you could face penalties, interest on unpaid taxes, or legal action.
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What our clients say about their experience with us
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Frequently Asked Questions about Tax Investigations
Any taxpayer who submits a tax return is at risk of being investigated, whether they are a sole trader, limited company, or individual. Random selection and industry-specific targeting increase the likelihood of an enquiry.
The service covers our professional fees for responding to HMRC enquiries, preparing documentation, and representing you during the investigation.
Contact us to learn more about our Tax Investigation Fee Protection Service and how it can benefit you.
Our Accountancy Services
We offer a range of services to help you manage your finances and grow your business.
Why Jermyn & Co?
Why Choose Jermyn & Co for Your Accounts?
At Jermyn & Co, we’re more than just accountants – we’re your partners in success. Our accountancy services are designed to help you:
- Stay Compliant – Ensure your financial records meet HMRC and Companies House requirements.
- Save Time – Let us handle the numbers while you focus on growing your business.
- Improve Efficiency – Streamline processes and reduce errors with expert support.
- Plan for Growth – Use actionable insights to guide your financial decisions and achieve your goals.
With our proactive approach, you’ll gain the confidence and clarity you need to succeed.
Why Jermyn & Co?
Why Choose Jermyn & Co for Business Tax?
Tax legislation in the UK can be complex and ever-changing, but with Jermyn & Co by your side, you’ll have access to expert advice and practical solutions.
Our services include:
- Strategic Tax Planning – Helping your business plan effectively to reduce your overall tax liabilities.
- Corporation Tax Filing – Ensuring accurate and timely submissions to HMRC.
- VAT Compliance – Assisting with VAT registrations, returns, and managing thresholds.
- R&D Tax Credits – Maximising available credits for your innovation and development projects.
- Self-Assessment Support – Tailored assistance for self-employed individuals or partnerships.
With our expertise, you can focus on running your business while we handle the numbers. We’re committed to helping you stay ahead of deadlines and legislation changes.
Corporation Tax Compliance
VAT Services
R&D Tax Credits
Tax Planning and Advisory
Why Jermyn & Co?
Why Choose Jermyn & Co for Personal Tax?
At Jermyn & Co, we understand that everyone’s financial situation is unique. Our personal tax services are designed to help you:
- Optimise Tax Efficiency – Leverage allowances, reliefs, and deductions to minimise your tax liability.
- Ensure Compliance – Stay on top of filing deadlines and HMRC requirements to avoid penalties.
- Plan for the Future – Align your tax strategy with your long-term financial goals.
- Simplify Tax Complexity – Let us handle the details so you can focus on what matters most.
From simple tax returns to complex financial arrangements, we provide expert advice and support tailored to your needs.
Proactive Tax Planning
Expert Guidance
Tailored Solutions
Stress-Free Compliance
Why Jermyn & Co?
Why Choose Jermyn & Co for Corporate Finance?
At Jermyn & Co, we understand that every business is unique. Our experienced team offers a personalised approach to corporate finance, helping you:
- Secure Financing – Access the funding you need for expansion, acquisitions, or working capital.
- Plan for Growth – Develop tailored financial strategies to achieve your business objectives.
- Manage Mergers & Acquisitions – Navigate complex transactions with confidence, from valuations to negotiations.
- Optimise Financial Performance – Streamline processes, reduce costs, and maximise profitability.
Whether you’re a start-up seeking investment or an established business exploring new opportunities, we’ll provide the expert guidance you need to succeed.
Business Valuations
Mergers & Acquisitions (M&A)
Fundraising & Investment
Financial Modelling
& Forecasting
Why Jermyn & Co?
Why Choose Jermyn & Co for HR Services?
At Jermyn & Co, we understand that every business is unique, and so are its HR needs. Our tailored HR services help you:
- Stay Compliant – Meet the latest UK employment laws and regulations with ease.
- Save Time and Resources – Let us handle the admin while you focus on growing your business.
- Engage Your Team – Build a positive, productive workplace with our employee engagement solutions.
- Grow with Confidence – Ensure your HR strategy aligns with your long-term business objectives.
Whether you need ongoing HR support or help with a specific issue, our experienced team is here to assist.
Payroll Management
HR Compliance
Employee Engagement & Retention
Training & Development
Why Jermyn & Co?
We offer tailored accounting services to various sectors through Norfolk & Suffolk.
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How We Help You Succeed
At Jermyn & Co, our priority is to protect your financial interests and minimise the impact of a tax investigation. Our proactive support includes:
- Expert representation and preparation.
- Comprehensive documentation management.
- Guidance on avoiding future investigations.
With our Tax Investigation Fee Protection Service, you can face HMRC enquiries with confidence, knowing your professional fees are covered, and your defence is in expert hands.
Ready to Resolve Your Tax Investigation?
Talk To Us
Schedule a free consultation to discuss your case.
Review and Prepare
We’ll assess your tax affairs and prepare your response.
Resolve with Confidence
Let us handle communications and negotiations with HMRC.
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