Working with taxpayers and specialist advisors to navigate how best to approach HMRC when things have gone wrong or more clarity is required.
As tax legislation keeps getting more complex and wide ranging in its application it is perhaps natural that on occasion taxpayers will misunderstand or overlook their compliance requirements. However, once identified it is parament taxpayers take proactive action to resolve such positions and work with authorities to find a technically correct and fair resolution for all parties.
It is important for taxpayers to get professional advice if they discover that something may have gone wrong or when being scrutinised by the revenue authorities. It is vital to get clarity on the application of the legislation and understand how best to approach HMRC given the circumstances.
How we can help:
- Work with taxpayers and specialist advisors to navigate how best to approach HMRC when things have gone wrong or when more clarity is required to understand the application of the relevant legislation to their circumstances.
- Work with taxpayers when liaising with HMRC on tax investigations and use our knowledge and experience of the application of tax legislation to the asset management industry while striving to resolve matters as efficiently as possible.