This warning may be seriously good for your bank balance! Taking one minute to read this could save you a moments grief should you find yourself in this situation.
We have recently seen an increase in clients seeking our help to sort out the wrath of HMRC and their fines having been left in “unchartered waters” by Tax Refund Companies!
We would just like to advise you that although you may be signing up with these companies that are offering lucrative refunds, your best interest may not be the priority. We have recently had a case where someone signed up to one of these such companies and had an unsuccessful claim, they were unaware that the company had opened Tax Returns for the last four years the company took no further action and the client was not advised further. Very quickly £5000 of fines were racked up as a consequence. The Tax Administration had not been correctly dealt with. The company would take no accountability for this and had built in terms and conditions which exonerated them from responsibility and left the client unsupported. Sadly we are seeing more and more clients in this situation seeking our help.
We are urging you all to read the small print and T’s & C’s however it may be written. You may have to go looking for it! Be aware of what you are signing up for.
If you are in this situation or have been fined by HMRC and you are not sure why please don’t leave these fines to escalate into huge fine’s let us know so we can help you resolve it today!
Atkins are a fully regulated, fully qualified team of Chartered Accountants and can deal as such with all aspects of accountancy and tax. We have your best interest at heart and we won’t leave you high and dry in “unchartered waters”.