Frequently Asked Questions
How long will a tax enquiry take?
The length of the enquiry or investigation depends on the case. The duration can range from one letter to several months, and in many cases, it can go on for several years. So, there is no definitive answer to this, but it entirely varies from case to case. If you want to speed up the process, the best way is to appoint a specialist.
What is the best thing to do if I am due to be investigated in an HMRC enquiry?
The best thing you can do is cooperate with HMRC and appoint a specialist to help you in this process. Specialists like us can guide you through the entire process and make it far less intimidating for you. We provide a comprehensive service to cater to your tax enquiry needs. We will review your tax affairs to ensure you completely understand the issue and work as a liaison between you and HMRC.
How far back can HMRC go?
HMRC can go as far back in time as they want, but the duration entirely depends on the severity of the case. If the enquiry is regarding minor errors, they might go as far back as four years, but for issues like fraud and malpractice, they can look into 20 years of your tax records. So, this clearly depends on the type of issue they are dealing with.
What are some of the main stages of an enquiry or check?
The stages of an enquiry include:
- You will receive an opening letter from HMRC.
- Further correspondence will be done to clarify matters.
- You will be requested to meet with the team of HMRC to have a clear understanding of the matter.
- You will put forward your concerns, and they will put forward theirs.
- The enquiry will be closed after reaching a decision or resolution.
What is HMRC trying to find out?
The inquiry may be of two types. The first can be a full enquiry that checks the tax returns as a whole. The second can be as an aspect enquiry. This type of enquiry checks the information on one or more points.