Tax problems and investigations

Complying with each and every tax rule can be complex. Our guide to what to do if you business faces tax problems or is visited by the tax inspector.

Tax issues are complex. Serious tax investigations are likely if HM Revenue & Customs (HMRC) suspects your tax returns are inaccurate.

If you have a tax problem, call HMRC. Whether you have a tax payment problem or not, it’s worth looking at ways to improve your cash flow management.

Tax penalties can be incurred if you make careless errors, while deliberate tax evasion or fraud can be treated severely - so avoid penalties.

If you are only entitled to basic personal allowances and your tax is straightforward, use this tax, interest and penalty calculator from HMRC.

Estimate your Self-Assessment late payment penalty with this HM Revenue & Customs tool.

There’s a difference between losing records through fire or flood and shoddy filing - and HMRC will apply different rules accordingly.