We’d like to remind Forumites to please avoid political debate on the Forum.

This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide

Tax Return Enquiry

Hi All,


I was after some advice.

I applied for a tax return as I am self-employed and claimed back for £4,000 on my tax.

I have now received a letter from the Inland Revenue informing me that they want to see proof of my expenses totalling (£17,000).

At the time when I claimed for a tax return, I employed an agent who said that I should put in for £17,000 expenses in order to claim back £4000.

I have some proof but not all and although I have tried to contact my agent on numerous occasions, he refuses to answer my calls.


What should I do, where do I stand?

Any advice would be apreciated.

Comments

  • fengirl_2
    fengirl_2 Posts: 4,530 Forumite
    You signed the tax return as ultimately you are responsible for your tax affairs. This agent doesn't sound very professional and I am not sure I would want him to represent me during an enquiry.
    It would be in your favour to come clean to HMRC and to coperate with the enquiry, but I think you should try and find another accountant or tax advisor to work for you on this one.
    £705,000 raised by client groups in the past 18 mths :beer:
  • newsaver40
    newsaver40 Posts: 148 Forumite
    ok, thanks - I will look for another tax advisor.
  • trevormax
    trevormax Posts: 947 Forumite
    Part of the Furniture 500 Posts Name Dropper
    If he is not your agent any longer, did you get back all of your paperwork from him or was there never any paper work in the first place?

    With expenses of £17,000 he should have expected HMRC to flag you up for an enquiry and made sure you had supporting paperwork ready for them.
  • max2009
    max2009 Posts: 543 Forumite
    Common sense would say you need receipts.
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 353.6K Banking & Borrowing
  • 254.2K Reduce Debt & Boost Income
  • 455.1K Spending & Discounts
  • 246.7K Work, Benefits & Business
  • 603.1K Mortgages, Homes & Bills
  • 178.1K Life & Family
  • 260.7K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16K Discuss & Feedback
  • 37.7K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.