Company investigations by the Inland Revenue or HM Customs & Excise in many cases are long drawn out affairs and can be unpleasant for everyone involved with the company, in particular the business owners. They are time consuming, expensive and can cause endless worry.
At Spurling Cannon the first effort is to try and stop any investigation occurring by not only supplying all the required statutory information to the authorities, but also giving them details of anything that looks strange in comparison with previous periods.
For example, in many case investigations are created by the Inland Revenue being unsure about a balance in the accounts, for instance motor expenses have trebled in comparison with last year. There is probably a perfectly good reason for this (say two new salesman), but the only way the Inland Revenue will discover why is by opening an aspect enquiry and this can and in many cases lead onto them asking a number of questions about other areas and the beginning of a long drawn out investigation can start. At Spurling Cannon we will explain to them in advance the reasons for these fluctuations and in many cases avoid any possible investigation at an early stage.
Random investigations are, unfortunately unavoidable. We will however use our expertise to make sure the enquiry is bought to a speedy conclusion. We provide the information requested in an efficient, professional manner and at all times will keep our clients informed of the stage the investigation has reached.
The quality of our work helps the majority of opened investigations to be finalised within a short period of time. Any successful accounting practice needs to specialise in taxation and our expertise in this area is important for any investigation. Many accountants are almost sub offices of the Inland Revenue and HM Customs and Excise, at Spurling Cannon we work for you, our clients will receive advice to benefit their businesses.
If your company or business has a current investigation ongoing contact us, as we are here to help.
