Facing an HMRC Self Assessment Investigation? Here’s What You Need to Know
Receiving a letter from HMRC notifying you of a Self Assessment investigation can be worrying for any taxpayer. Whether you’re self-employed, a company director, or an individual submitting a tax return, being selected for an investigation doesn’t always mean you’ve done something wrong but it does mean you need to act carefully. At Moxham Quinn , our experienced accountants specialise in helping clients across the UK manage HMRC Self Assessment Investigations with confidence. From understanding the process to resolving complex tax queries, we’re here to guide you every step of the way. What Is an HMRC Self Assessment Investigation? An HMRC Self Assessment Investigation is when the UK’s tax authority reviews your submitted tax return to verify that all income, expenses, and deductions have been reported accurately. HMRC may open an investigation for several reasons, such as: Discrepancies between your return and information HMRC already holds (like PAYE data or ba...