As Governments round the world seek to close their budget deficits they are encouraging tax authorities to become more robust in claiming taxes which they believe are either evaded or avoided. This can lead to lengthy investigations which if not managed properly can become extremely costly.Although tax investigations are never pleasant experiences, there are ways of making them less intrusive time-consuming and costly.
Primondell’s approach to tax investigations is to ensure that they:
- retain their focus on the essential elements rather than the parties being endlessly distracted by subsidiary issues which are often irrelevant
- ensure that a realistic and reasonable timetable is adhered to by all parties
- ensure that what is being asked for in terms of information requests is realistic and proportionate to the amount at stake
- negotiate a speedy settlement which reduces the time resources and costs
Jeremy and Belinda now have over 20 years experience of accounting and tax and have dealt with numerous investigations in both company and personal tax matters. Our aim is to provide a friendly and efficient service which reduces the strain on the client.