Case: Large tax saving from HMRC enquiry resolution

Introduction

We were approached by our client who had received a home-visit from HMRC, chasing a hefty tax bill of £29,000 dating back to 2001.

Issue

The client was at risk of having to sell their home to afford paying the tax bill. They could not understand where the amounts came from and why they were so high. They were also vulnerable, as they struggled with their health, so even small administrative tasks overwhelmed them. They contacted ETC Tax for help.

How we solved it

We collated all the clients facts and historical records in order to determine what tax years were chargeable and calculate the correct liability. We also applied the relevant legislation to consider HMRC’s powers of enquiry. We appealed the assessments on the basis they were merely based on estimates with no evidence to back up the figures.

The outcome

Due to our expertise and perseverance, we were able agree a reduced tax figure payable of £3,000, an amount that was entirely affordable for our client.

Without our help, he would sold his home to pay a tax bill that he never needed to pay in the first place.

Next Steps

Are HMRC letters keeping you awake at night then please do get in touch.