The Problem

We onboarded a client facing a challenging corporation tax investigation. They had £57,000 at stake due to an HMRC inquiry into their transfer pricing. Their previous accountant was unable to manage the case, so they approached us to handle both the investigation and their ongoing accounting needs.

Investigation

The investigation revolved around £300,000 in management fees and franchise agreements, including brand name licensing. By working closely with HMRC, we successfully demonstrated that these costs were legitimate.

The outcome?

HMRC accepted our position, and our client avoided an additional £57,000 in corporation tax.

This result didn’t just save the client a significant amount—it also justified our fees for the next few years.

The takeaway here?

Choose an accountant who understands your industry, has experience dealing with HMRC, and proactively supports your business. 

Your finances are your bread and butter, and compromising on expert guidance can lead to costly mistakes. A successful business needs peace of mind, especially when it comes to tax matters. Having an accountant who acts as part of your team can make all the difference in legally saving tax and helping your business grow.

If your business is looking for proactive tax and accounting support, let’s talk.