A Tax Enquiry
A client employed us to assist with the tax and other considerations relating to the sale of his business.
HM Revenue & Customs carried out a detailed enquiry into all aspects of our client’s financial affairs and sought to deny relief claimed regarding the disposal of the company.
We defended our client’s entitlement to both the relief and other aspects of his financial arrangements following which the Revenue withdrew all of their contentions.
HM Revenue & Customs were reluctant to close their enquiry without an adjustment but all aspects of the enquiry were settled without the client having to pay any additional capital gains tax or income tax.