Many people in business live with the constant fear of being investigated by one of the several authorities empowered so to do, not because they are conscious of having done anything wrong, but because of the disruption to their business and personal life in trying to prove that everything is above board. Nevertheless, investigations almost always result in settlements being made, usually with interest and sometimes penalties on top. And then there is the not insignificant cost in professional fees in defending a taxpayer's position over and above any settlement.

Things took a turn for the worse with the introduction of Self Assessment, along with which came "The Random Audit". This permits the Revenue, without having to specify any reason, to select a taxpayer for investigation and to go to whatever lengths they wish in determining whether or not that taxpayer has paid the appropriate amount of tax.

But help is at hand for clients of CONDIE & CO!

For a moderate annual cost, Taxwatch Investigation Support provides full cover for the accountancy fees element of a tax investigation. It goes without saying that 'prevention is better than cure' and we at CONDIE & CO use every legitimate means to ensure that our clients are not the subject of an investigation. But the reality is that the investigating authorities are given targets to meet and no business can therefore have complete immunity from being investigated at some time. If you are an existing client and do not have this valuable cover, please contact us for a quotation.