Tax Audit
Tax Audits
Audits usually begin from a specific item in a filing. Much of the exposure can be removed in advance, and if an audit does begin, going into it prepared changes the outcome.
Advance tax risk assessment
Dedicated response team once an audit begins
Checking in advance is the surest preparation
Preparing after the notice arrives leaves few options. Finding and resolving the risk beforehand lowers the chance of being selected at all, and if you are, the explanation and its evidence are already in place.
What we review
Unreported revenue risk
Cash sales, side income, platform settlements — anywhere the filing and the reality could diverge.
Whether costs will hold up
Expenses with thin documentation, or where the business connection would be hard to explain.
Related-party transactions
Whether dealings with family or affiliated companies were on normal terms, and whether the evidence still exists.
Director's loan accounts
How the owner's personal use of company funds sits in the accounts, and how to resolve it.
Industry focus areas
The authorities watch different items in different industries. We review against the standards for yours.
A dedicated team from the moment it starts
On receiving an audit notice we form a team around your tax accountant. We review what has been requested and decide what to submit and how, attend the meetings with the examiner, and put forward reasoned positions where issues arise. You will not be left deciding anything alone.
There is a route after the result too
If the outcome is not acceptable, it does not have to stand. From pre-assessment review through to an objection and a Tribunal appeal, the challenge can continue — handled by the same team that was with you through the audit.