£33 Billion is the estimated tax gap between what HMRC should collect and what it does collect.
£17.5 Billion of the tax gap is attributed to Small Businesses (£14.1bn) and Individuals (£3.4bn).
Tax and VAT Investigations are a key tool in reducing this deficit.
HMRC may decide to do a full investigation (which could take up to 16 months!)
The number of investigations is thought to be rising every single year with anyone able to be selected for an investigation by HMRC: whether that’s a business, a director or an individual taxpayer.
By joining our Fee Protection Insurance Scheme you will have comprehensive access to experts in handling tax investigations, supporting you through the duration of any claims. RJS Associates will act on your behalf for any investigation, saving you both time and money.
These are just some of the benefits for our Fee Protection Insurance Scheme – to join up or for more information, please contact us!