HMRC Investigations
HM Revenue and Customs no longer need a reason for opening an enquiry into business or personal affairs. This means that potentially everyone is at risk of a tax investigation.
Tax investigation can be lengthy and stressful process.
One of the best ways to protect against an investigation would be to employ an accountant first and foremost. Using an accountant should ensure that your tax return is accurate and complies with the UK tax regime.
HMRC does, however, carry out a number of random investigations which are, unfortunately, unavoidable. So even if you believe that there are no unusual entries in your accounts or on your tax returns, an investigation could still happen to you.