How to find the right tax dispute specialist for you
Posted: 21st August 2024
When you find yourself facing a tax investigation, it can be hard to know what to do at first. It’s a time of stress, worry and uncertainty – so you need someone who can give you guidance and peace of mind. Partnering with a tax dispute specialist is therefore highly recommended. They can manage your tax investigation for you, and make sure the process has as little impact on your professional and personal life as possible. However, selecting the right partner can be a daunting task. Here’s the best way to go about this process.
What is a tax dispute specialist?
Tax dispute specialists are professionals who have comprehensive knowledge of tax law and regulations. They will be able to offer independent tax litigation advice and strategies throughout your tax investigation and negotiate with HMRC on your behalf.
It’s important to note that tax dispute specialists are not the same as accountants. While they can provide general advice on tax matters, accountants are trained to manage, process and file tax returns, and a good accountant knows when to bring in specialist support. and the expertise and knowledge needed to handle your case effectively.
Tax dispute specialists understand exactly how HMRC operates, so they can deal with jargon and complexities to get your situation under control.
When should you work with a tax investigation specialist?
This can depend on your situation, as well as your abilities and preferences. If the situation is complicated and you need tax litigation advice, it’s a good idea to reach out to a specialist who can help.
If you’re already struggling with tax disclosures or you’re embroiled in a tax investigation or dispute with HMRC, we’d recommend partnering with an expert as soon as you can. They will be able to ensure that HMRC is only provided with the information that specifically relates to your case and defend your position within the scope of the law.
Factors to consider when choosing who to partner with
There’s a lot to consider when choosing a tax investigation specialist. HMRC states that taxpayers are still responsible for their own tax affairs even if they decide to use a tax agent, so it’s important to select a reputable partner who will be the right fit for you.
We’d recommend:
· Viewing a tax dispute specialist’s website to see whether their services match what you’re looking for
· Learning about their history and years of experience
· Looking at online testimonials and reviews
· Finding out how much they charge and when you’re expected to make payments
· Checking if they have the right professional qualifications, or if they’re members of accountancy or tax professional bodies
It can also be helpful to contact more than one tax dispute specialist before making a decision.
This information should give you a clear idea of who can protect your interests and ensure the best outcome.
Why NHD Tax Solutions?
Every situation is different, and we aren’t here to judge. We take the time to listen and understand your situation to make sure things become manageable and controlled. This is why we offer a free no-obligation consultation, which allows us to pull together the best options for resolving your tax dispute.
Our team is committed to alleviating your worries and reducing your stress, so we try to make the process as simple as we can. To help you feel safe and secure, we check in with you throughout your investigation to keep you informed and can handle all communications with HMRC on your behalf.
With over 40 years of combined experience, our specialists have the breadth of knowledge to cover every base needed. Our involvement in your tax dispute or tribunal can often soften HMRC’s approach, so you’ll get the best outcome possible.
Whether you’re dealing with tax disclosures or investigations, or need some tax litigation advice from an expert, our team is here to support you every step of the way.
Moving you forwards
Choosing the right tax dispute specialist doesn’t need to be overwhelming.
By taking the time to research the credentials of potential partners, you’re in a much stronger position to find a tax investigation specialist who fits your needs and requirements. They will be able to steer your case forward and minimise your risk of penalties and charges through proper representation.
To learn more about how we can support you through tax disclosures and investigations, feel free to get in touch with our team for a confidential chat.