Businesses and individuals alike may encounter complex tax questions requiring navigation through uncertain tax positions while managing their tax affairs. As legislation becomes more intricate each year, taxing authorities worldwide are tightening their rules to collect more revenue and minimize the risk of taxpayers gaining unjustified tax benefits from their transactions.

We understand the important distinction between legally leveraging existing tax reliefs to minimize tax payments and engaging in convoluted, artificial schemes to exploit 'loopholes'—two very different matters.

Anyone can be subject to a tax inquiry, and for many, it can be an extremely stressful experience.

Often, taxpayers are unaware of their compliance obligations, potential exposures in their tax affairs, or the risks that may arise during an audit or investigation. However, ignorance is not an excuse for non-compliance. It can lead to significant penalties, reputational damage, and other consequences for you or your business. It's far better to plan ahead and ensure your tax affairs are in expert hands.

DKH can help you review your tax affairs and compliance in advance, ensuring any issues are addressed proactively.

If you receive a letter from HMRC or another tax authority, do not ignore it. The best course of action is to seek expert advice, and DKH will be ready to offer a helping hand.