Tax Investigation Specialists

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Tax Investigations into Christopher Lunn’s clients

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WLH Tax understands that accountancy firm Christopher Lunn & Co was subject to an HM Revenue & Custom (HMRC) raid on 22 June 2010. Following the raid, HMRC wrote to all of Christopher Lunn’s clients informing them that their tax affairs may be incorrect due to irregular practices used by Christopher Lunn & Co.

WLH Tax has reviewed the affairs of a number of individuals and companies affected and we have noticed the following recurring issues:

  • Omission or understatement of income.
  • Failure to account for work in progress.
  • Claiming a deduction for certain expenditure twice.
  • Retrospective apportionment of income and expenses between Limited company/Partnership/Sole Trade.
  • Incorrect and excessive claims for business expenditure in areas such as Travel, Use of Home as Office, Accountancy Fees, Research Books and Journals etc.

HMRC has offered individuals affected the opportunity to make a voluntary disclosure by 28 February 2011, in exchange for more lenient treatment. WLH Tax has agreed with HMRC that the disclosures do not need to be completed by 28 February 2011, however, individuals must notify HMRC of their intention to make a disclosure by this date.

HMRC has stated that those that do not voluntarily come forward and make a disclosure will potentially face the prospect of an investigation into their tax affairs with larger penalties being levied at the end of the enquiry process. Furthermore, in the most serious cases, HMRC reserve the right to pursue criminal prosecutions.

How can WLH Tax help?

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WLH Tax is assisting a number of clients to make managed disclosures to HMRC. Our principals are familiar with the issues and are therefore able to work quickly and efficiently in identifying the areas of concern and substantiating any tax due. We will endeavor to mitigate your tax liability wherever legally possible.

Please call WLH Tax on +44 (0) 207 491 9690 or +44 (0) 207 491 9696 for an initial free of charge, without obligation, discussion to assess how we can assist you.