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Whitehead & Aldrich, in conjunction with Abbey Tax Protection, also are able to provide you with an insurance scheme...
If the HMRC flag up issues with your business or individual accounting practices, they may decide to initiate an enquiry, known as a ‘compliance check’.
These enquiries are almost guaranteed to increase the amount of work that needs to be undertaken by you and/or your accountants, ultimately costing you potentially a lot of money, even if the enquiry finds no fault in your accounts or declaration of assets.
Whitehead & Aldrich, in conjunction with Abbey Tax Protection, also are able to provide you with an insurance scheme that can cover either individuals or businesses the full costs incurred as a result of a compliance check by HMRC, allowing you to avoid losing money due to these situations.
06 Oct 2021
The government has delayed the introduction of Making Tax Digital (MTD) for Income Tax Self Assessment (MTD for ITSA) for a year.
From April 2022, the government plans to create a new social care levy which will see UK-wide tax and National Insurance Contribution (NIC) increases.