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Welsh Accountancy Firm Offer 5 Tips to Reduce your Chances of an HMRC Inspection


Five tips to reduce your chances of an HMRC Inspection

SWANSEA.... BEVAN AND BUCKLAND ADVERT.... MONDAY OCTOBER 4th 2013 Bevan and Buckland, Lee Bradley, tax manager.

Many HMRC inspections are random and cannot be prevented, but there are key ways to reduce the chances of attracting the attention of the taxman.

Here Bevan and Buckland’s Tax Director Lee Bradley gives his five top tips.

“First of all you must file your Tax Returns accurately and on time, and remember the submission deadline for your Self-Assessment online tax return is the 31 January,” warned Lee.

“In order to achieve an accurate Tax Return, you need to keep good records.

“An accountant will prepare your annual accounts, but they can only work from the information you give them. So I would suggest: make book-keeping a priority that will help avoid potential costly mistakes.”

Lee’s third top tip is to pay any tax due on time.

“Always know what you tax bills are and when they are due and make sure you have the money set aside to cover them. That is essential,” Lee insisted.

“Fourthly, always check with a professional if you are unsure about any element of your finances at any point during the year.  Don’t wait until the night before the deadline to start asking questions as this may be too late.”

Lastly Lee suggests a tax return should be transparent with information.

“There is a box on the Tax Return for additional information,” said Lee. “Explain any changes of unusual activity from one tax year to the next for example large fluctuations in profits.”

Added Lee: ”The five tips will only reduce the risks of tax investigation and if you do receive the dreaded letter through the post or phone call contact a tax professional immediately.

“Statistically with professional advice tax inspections are resolved quicker and with a more favourable outcome for the taxpayer.”


Over the past 6 years, Rachel has been working specifically within the digital marketing space and has worked with some of the country’s top brands. During this time, Rachel was a key attribute to the success of our sister product, Recruitment Buzz, which has firmly established itself as one of the leading publications within the Recruitment sector. Drawing on her knowledge and experience, Rachel has developed a genuine understanding of how content can engage and compel an audience.

Having a passion for travel and culture, Rachel left her hometown of Cardiff to pursue studies and travel and after several years away, Rachel returned to Cardiff and firmly established herself within the development of Business News Wales. Rachel is now responsible for every aspect of web management, marketing and overall production of the Business News Wales brand.

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