Cases
We have set out below examples of cases dealt with by this Firm.
Tax Investigations
- HMRC alleged omissions of £520,000 on two Indian Restaurants
following a business economic excercise. We disputed the figures
and settled for £10,000.
- Client engaged an inexperienced advisor who produced an inadequate
Disclosure Report under COP9. HMRC took over the investigation
and sought a settlement of £1.2m. We disputed their figures and
settled case for £375,000 (which included penalties and interest).
- HMRC commenced legal proceedings against an Accountant for a VAT fraud. We were able to persuade HMRC to accept a
Compound Settlement and the Client avoided prosecution and publicity.
- Revenue alleged omitted profits of some £700,000 and took the case before the General Commissioners. Following our
representations, the Commissioners accepted our contentions that the omitted profits were £135,000.
- In a COP9 investigation, a business had unvouched cash expenditure of £850,000 over a number of years. Based on a
business economic exercise we obtained agreement to £600,000 being allowable, potentially saving the Client in tax,
interest and penalties a like amount.
Tax Compliance
- HMRC alleged Client had substantial tax liabilities on Capital Gains
although Client claimed non-domicile. We obtained retrospective
clearance of non-domicile status and removed liabilities.
- The Revenue alleged the subcontractors of a large building contracting firm were employees and presented the Company
with a NIC liability of over £300,000. We represented the Client and the Revenue ultimately accepted the Status of
the subcontractors as being Self Employed resulting in a nil settlement.
- A husband and wife partnership had existed for many years, but for tax purposes the husband had been treated as a
"Sole Trader". As a result we lodged an "Error and Mistake Claim" which was accepted and resulted in a substantial
tax repayment.
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