Statutory Review

What is a Statutory Review?

A Statutory Review is a formal process offered by HM Revenue and Customs (HMRC) that allows taxpayers to request an independent review of a decision made by HMRC. For a premium tax advisory firm like Tax Advisors, this service is a key tool in ensuring fair and accurate outcomes for clients.It provides an opportunity to challenge decisions on issues such as tax assessments, penalties, or VAT rulings without the need for immediate escalation to a tribunal. With the guidance of your expert team, clients can navigate this process effectively, ensuring their case is reviewed thoroughly and impartially.

Why is This Important?

The Statutory Review process is a critical step in resolving tax disputes efficiently and fairly. For your clients, it offers a cost-effective and timely way to address HMRC decisions, reducing the need for lengthy tribunal proceedings. For Tax Advisors, it highlights your ability to provide strategic, client-focused solutions, reinforcing your reputation as a trusted partner in managing complex tax matters.

Strategic Advantages for Taxpayers

  • Independent review of HMRC decisions.
  • Cost-effective alternative to tribunal proceedings.
  • Resolves disputes quickly and efficiently.
  • Ensures fair and accurate outcomes.

Value Proposition for Tax Advisors

  • Demonstrates expertise in resolving disputes strategically.
  • Enhances client trust with proactive dispute resolution.
  • Reduces the need for costly and time-consuming litigation.
  • Strengthens reputation for delivering fair and impartial results.

Who We Are

Tax Advisors is a leading UK-based tax consultancy

Tax Advisors is a leading UK-based tax consultancy powered by a team of Chartered Tax Advisors (CTA), Chartered Accountants, and Former HMRC Inspectors. With decades of combined experience, we specialize in providing expert tax solutions tailored to individuals, businesses, and organizations’ unique needs.

Our team's deep understanding of the UK tax system

Our team’s deep understanding of the UK tax system and proactive approach allow us to deliver tailored solutions that ensure compliance and optimize your tax position. Whether navigating complex cross-border tax issues, seeking to minimize your tax liabilities, or facing an HMRC investigation, we provide the clarity, confidence, and results you need

Find More Services

Key Features of a Statutory Review

The Statutory Review process is designed to provide a fair, transparent, and efficient way to resolve tax disputes. It aligns perfectly with the high standards of Tax Advisors, ensuring that your clients receive the best possible outcomes while reinforcing your firm’s commitment to excellence.
Independence:
Conducted by an HMRC officer not involved in the original decision.
Efficiency:
Typically completed within 45 days, ensuring timely resolution.
Cost-Effective:
Reduces the need for expensive tribunal proceedings.

TALK TO OUR AGENT

Let’s talk with experience
advisors.

Tax Advisors FAQs

Frequently asked questions

  • What types of decisions can be reviewed through a Statutory Review?

    Decisions on tax assessments, penalties, VAT rulings, and other HMRC
    determinations can be reviewed.

  • How long does a Statutory Review take?

    The process is typically completed within 45 days, ensuring a swift resolution.

  • Can Tax Advisors assist with requesting a Statutory Review?

    Yes, our expert team can guide you through the entire process, ensuring your
    case is presented effectively.

  • What happens if I disagree with the outcome of the Statutory Review?

    You retain the right to appeal the decision to the Tax Tribunal if you are
    dissatisfied with the review outcome.

  • Is there a cost to request a Statutory Review?

    No, the Statutory Review process is free of charge, making it a cost-effective
    option for resolving disputes.

  • How do I initiate a Statutory Review?

    Your tax advisor can assist you in preparing and submitting the request, ensuring
    all necessary documentation is included.