South West based Vehicle Recovery Business
The directors of this business had a previous business that unfortunately went into liquidation. A few months after starting up the new business HMRC contacted them to inform them that they required the new business to pay a security bond of over £60,000 for VAT and a further £30,000 for PAYE. Despite querying this with HMRC the directors were unable to get HMRC to withdraw this request and HMRC told the directors that if they carried on trading without providing the security bonds they would be committing a criminal offence and would be prosecuted. The directors asked us to get involved and we started negotiations with HMRC. After 2 months, and an appeal, we were successful in getting HMRC to withdraw both the VAT and PAYE security notice request.
When we received the security notice request we couldn’t believe the amount of money HMRC were asking for. We tried to get them to cancel the request but they wouldn’t. We then contacted Business Advice Services and discussed this over the phone with Phil who said he was very confident he would be able to get the request either withdrawn altogether or at least the amount reduced. We signed an authority for Phil to deal with it and left him to it whilst we carried on running the business. This was a great weight off our mind. After about 6 weeks we got a letter from HMRC saying that following on from various letters and information they had received from Business Advice Services they had changed their mind and no longer required the security bond. This was a fantastic result and I can’t recommend Phil and his team highly enough.” – Mr and Mrs M, Directors