HMRC are proactively targeting individuals and businesses using sophisticated software that has been specifically developed to search trends, indicators and behaviours and analyse in minutes. Data that doesn’t cross match can automatically initiate an enquiry. This software combined with wider powers and increased targets means that your chances of being investigated are rising.
£34 Billion – the estimated gap between what HMRC should collect and what it does collect.
£26 Billion – the additional amount of annual tax income that HMRC are targeting to achieve through compliance activity.
£80 Million – spent to develop strategic risk database that automatically generates tax enquiries.
Anyone can be selected for investigation – a business, director or individual tax payer.
At SAS Accounting Services, we can provide our clients with an all-embracing policy that provides protection against the potentially high costs of an investigation.
For more information or to apply, please contact us on firstname.lastname@example.org