What are the chances of being investigated by HMRC? HM Revenue & Customs doesn't disclose how many aspect inquiries and full inquiries it carries out each year, but in the past, some experts have suggested up to 2% of all businesses and sole traders were investigated each year. If you are selected to be inspected by HMRC it can work out to be a time consuming and costly event. We can, of course, help you with that but it does incur expenses that you might not have planned for. In the case of a tax investigation, HMRC will tell you whether it is investigating a particular aspect of your tax return or carrying out a full tax investigation. We offer an insurance policy that covers costs for HMRC insurance investigations so that you aren't left with any large, unexpected bills. If you would like further details about this insurance, please get in touch. . . . #hmrcinvestigations #taxaudit #auditinsurance #helpwithtaxes #accounting #accountinglife #accountingservices #accountingtips #accoun...