Are you at risk from a tax investigation? HMRC is better equipped at spotting potential anomalies and non-compliance with its powerful data analysis system ‘Connect’ which can cross-reference tax payers information against other government agencies e.g. DVLA, and other trading websites.
Restaurants and takeaways make up approximately a quarter of the businesses ‘named and shamed’ by HMRC as ‘deliberate tax defaulters’ since it began publishing the list in December 2017.
Daly Park offers a Tax Investigation Service add-on to its clients.