Tax Health Checks

We carry out Tax Health Checks for businesses across the UK highlighting areas of significant tax risk within their accounting processes and tax systems likely to be challenged by HM Revenue & Customs (HMRC).

In our experience, accounting systems are only as good as the data entered into them and many are not set up to efficiently and accurately record your tax information.

Incorrect tax information around such things as invoice posting or inadequate system rules can generate large cumulative errors in your tax accounts and tax penalties further on down the line.

With experience working as an Inspector of Taxes behind us, we understand which tax strategies will best suit your business and can provide appropriate tax advice to resolve any shortcomings within your accounting systems.

Our proactive tax health checks ensure you remain one-step ahead of HMRC and that your company's tax processes and systems can stand up to HMRC scrutiny.

It is imperative your company's tax accounts are run and managed correctly as HMRC is increasingly targeting tax processes and systems as part of its enquiries and investigations.

We are regularly called upon to conduct detailed tax reviews and audits in order to provide tax planning and tax strategy advice to businesses to help them deal with the increasingly complex tax laws.

Unfortunately, sometimes accounting system errors can lead to full HMRC investigations into your tax strategies and tax accounts.

There are various kinds of tax investigation, which are always stressful, time-consuming and complex, but we can help you deal with them with further information available in our Tax Investigations section.

Our Tax Health Checks are competitively-priced and we will work on an hourly basis or under a fixed fee arrangement.

We also provide a range of other Tax Risk Management services with further information available on the following pages of our website:

If you're interested in having a tax audit, tax review or want to find out more about our Tax Health Checks contact us on 0845 409 4955 or at advice@palmerandcook.com.