At Oak Accountancy Services, we realise that we succeed only if you succeed, and that we grow only if you grow.

Tax Enquiries

This can be a stressful time and can fall upon any business or individual. With the current powers and penalty regime operated by the Inland Revenue tax enquiries can also be very costly.

Our expertise in dealing with such enquiries comes from years of experience in defending and protecting clients who in many cases have no idea why they find themselves in such a position. It is not an easy matter when records do not fully support argument, but we will ‘fight the corner’ of clients and attend Inland Revenue meetings in their support. If necessary we will challenge unreasonable findings.

Good records can be the saving of clients under enquiry and our first advice is to stress the importance of good personal and business financial records. This is particularly relevant to those embarking on setting up a new business, although it is never too late even for the seasoned business person to adopt a better system for a poor one. We can advise and assist in the best and most efficient way of keeping good records.

 

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Pre-election publications by HMRC

26/04/2017 – HMRC has announced via one of their blogs that readers will notice that communication will be much less than normal … More...

Initial launch of Tax-Free Childcare Scheme

26/04/2017 – The new Tax-Free Childcare Scheme (TFCS) is now available to the first tranche of working parents. The scheme has … More...

Update on Finance Bill 2017

26/04/2017 – Following the Prime Minister’s unexpected announcement that there will be a snap general election on 8 June 2017, … More...

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