Text Advisors – MHC Accountant

Experienced tax advisors convering the UK

MHC Accountants Ltd is a member of the Association of Taxation Technician and provide following taxation services in the capacity of experienced tax advisers. Based in London, we welcome customers from across the UK.

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COP-9 tax investigations

Following a routine compliance check you might receive a letter from HMRC heading COP-9 tax investigation for serious tax fraud and criminal investigation. They will give you 60-day period to make your outline disclosure, where you will need to disclose any kind of tax fraud you’ve been involved in.

If you’ve managed to submit your outline disclosure and already have an initial meeting with an HMRC Fraud Investigator Officer, contact us as soon as possible. We can take over the case, calculate tax liability and prepare and submit a full disclosure report.

Contact our team in London for more information.

Tax investigations

We have 15 years of experience of dealing with tax and VAT investigation including full HMRC compliance checks. We have the knowledge, skills and experience to deal with your investigation and arrange an affordable payment plan with the HMRC.

We take control of the cases and manage all issues relating to the investigation, giving you peace of mind and allowing you to focus on your business.

Tax tribunal – HMRC appeals and decisions

You can challenge HMRC’s decision at the First Tier Tax Tribunal.
If HMRC have arrived at a final figure you disagree with, we can represent you on your behalf. We can apply to the tribunal, prepare skeleton arguments and attend any hearings to try and ensure the best results.

Let property campaign

If you’ve let out your premises or sold a rental property, you need to declare your letting income or the gain from the sale of the property. If you haven’t, you may receive a letter from the HMRC as part of the let property campaign. At MHC Accountant, we can contact them on your behalf and arrange a 90 day window to make your disclosure. They will issue two references – one for disclosure and another for payment. Our specialist team will meet with you to finalise your tax, interest and penalties before making final disclosure and can help you negotiate a payment plan. Contact our team in London for more information.

Capital gain tax and claiming reliefs

If you’ve sold or gifted a property, or failed to declare rental income, you may be liable for capital gain tax. At MHC Accountant, we can help you claim principal private residence relief and letting relief to bring your capital gain tax down.

From entrepreneur’s relief and roll over relief to gift relief and hold over relief, we can help you minimise your liability and achieve the best possible outcome.

VAT inspection preparation

In many cases, the first that you will hear about an inspection is the dreaded letter through the door with a date for the visit and a long list of records that the officer wishes to inspect. HMRC are entitled to (and normally do) ask to see all your business records for the last three or four years (in fact they must be retained for six years). These include your financial accounts, bank statements, sales and purchase invoices, VAT accounts and other records depending on the nature of the business.It is highly recommended that you review your VAT accounting before the inspection and it can be worthwhile getting professional help to ensure that you are fully prepared. If any errors are found before the inspection, then you should quantify these and disclose them to HMRC as soon as possible. You should also advise HMRC of the steps that have been taken to ensure that the errors are not repeated. Prompt and full disclosure can often help when trying to reduce any penalties that may be due. It is also worth reviewing any previous correspondence with HMRC to ensure that any earlier issues have been dealt with and any instructions from HMRC have been acted upon. This is exactly where we come in. We run an internal pre-inspection audit to make sure you are prepared for the inspection and can make specific recommendations in the case of non-compliance by your organisation. This means you can take corrective measures before the inspection.