An HMRC investigation can happen when you least expect it, whether you’re running a busy company or managing your personal finances. Even if you’ve done everything right, you’ll still need to respond in detail, provide evidence, and deal with back-and-forth questions.
That’s where our Tax Investigations Service comes in. It covers the professional fees involved in defending you, so you don’t have to worry about the cost of expert support.
The current landscape – what HMRC is looking at
Markel Tax’s 2024 data shows HMRC’s attention is spread widely:
- VAT checks still account for 32% of claims, and on-site visits are making a comeback.
- Aspect enquiries remain common at 36%, including R&D tax relief reviews.
- Scrutiny of capital gains tax and capital allowance claims continues.
- Targeted activity around online selling platforms (Amazon, Vinted, Etsy, OnlyFans) and cryptocurrency trading/disposals.
Case study: a year-long enquiry – fully covered
The Situation:
HMRC launched a full enquiry into a limited company, requesting complete business records, including prime documents, to check the accuracy of the accounts and Corporation Tax return.
The Process:
We compiled and submitted the requested information, after which HMRC raised further queries about the business’s cryptocurrency transactions and certain expense claims. The process involved several exchanges over the course of 12 months.
The Result:
The enquiry closed with no amendments to the company’s tax position. HMRC did, however, advise the business to improve its record-keeping going forward.
The Cost Without Cover:
Our professional fees for managing the entire process totalled £2,500 – fully covered by the Tax Investigations Service.
Source: Markel Tax 2025
Why cover makes sense
Even when no extra tax is payable, the professional fees for defending an enquiry can run into thousands of pounds. Our service:
- Covers our fees in full for HMRC enquiries covered by the scheme
- Gives you expert representation from start to finish
- Offers peace of mind in an unpredictable tax environment
Sign up now for 2025/26 cover and protect yourself from the stress and cost of an HMRC investigation.
Get in touch today to arrange your cover.
Disclaimer
The views expressed in this article are the personal views of the Author and other professionals may express different views. They may not be the views of Lambert Chapman LLP. The material in the article cannot and should not be considered as exhaustive. Professional advice should be sought in connection with any of the issues contained in the article and the implementation of any actions.