Keep on the right side of the taxman

Along with many other businesses, a number of consultants have been involved in HM Revenue and Customs tax inquiries in recent years.

Susan Hutter explains how to keep on the right side of the taxman, and, in the event of an inquiry, gives some tips on how this should be handled.

taxmen-bowler-hatsIt is obviously far better to prevent a tax inquiry wherever possible. So to ensure you keep on the right side of HM Revenue and Customs (HMRC), you should observe the following rules:

File your personal tax returns and business returns on time.

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