Amazing service, IT driven and high tech accountant with excellent online bookkeeping service. Relax tax accountant is far superior to traditional local accountants I have used. Prompt response over the phone and email. Speed of the service and level of service is beyond compare to any accountant I have previously used.

Manish Patel

Himal from Relax tax is brilliant accountant. We have recently switched to relax tax and gave them the responsibility to do prepare accounts for my small business. Before I engage him as my accountant he explained and educated me about the accounts and tax  in very simple manner which I never experienced before from any or my previous accountants. During the process of his work I was fully informed the progress. After completion of accounts Himal showed and share the breakdown of the accounts very interesting , easy and understandable manner. I am also impressed with the cloud software access provided to my business.

Dr. A Ryland

I was sole trader for last few years. I was introduced to Himal ( Relax tax)  by my close friend. Himal explained the flexibility of running a limited company and benefits of the taking tax and NI free salary and low tax rate dividend.  I am extremely delighted from the high level of service and prompt response. Highly recommend.

Mark

We work with a lot of different accountants, but we have only one Relax Tax accountant.  The growth of the business stands testament to Relax Tax’s ability to deliver an excellent service to all its clients on many different levels.

Having met some of Relax Tax clients it is clear that this is by no accident. The business works in a structured and timely manner to deliver exceptional service.

We are excited about working with Relax Tax’s staff for many years to come.

Alex

Tax Investigation & Insurance

HMRC has full authority to check your affairs at any point to make sure all kind of tax payers paying the right amount of tax. HMRC could randomly select any businesses (such as Self-employed Individuals, sole traders, partnerships, limited company, LLP and PLC) for investigation.HMRC Tax Investigations can be very stressful and time consuming. Relax tax endeavor to resolve the tax investigation in the most efficient and effective manner. Tax Investigation Insurance is a package that covers you and your business of an accountancy fees that result from an investigation by HMRC.

There are three different levels of investigation that HMRC can carry out
-Full investigation
-Aspect investigation
-Random investigation

What triggers HMRC for the tax investigation.
-If the VAT claim has been increased significantly in compare to previous quarters
– If the significant fall in sales compared to past returns
-Significant increase in expenses or costs are above the industry average
– Returns and filing are late in regular basis
– If the business involved in more cash basis
– Figures in the returns does not make sense and incorrectly submitted.

What kind if investigation
There are various kind of inspection carried out by HMRC which includes
-PAYE (Pay as you earn) and CIS (construction Industry Scheme)
– Self assessment/ Income tax
– VAT (Value Added Tax)
– Corporation tax
-IR35

What happens once HMRC have decided to investigate
When HMRC open the investigation , tax payer has an obligation to provide all the information they ask. During the investigation HMRC inspector will thoroughly examinerecords, transactions and accounts and asking questions they believe necessary.