17/06/2026
Is your accountant protecting your business, or setting you up for an HMRC audit? 😬
Bad tax advice doesn't just cause headaches; it leads to heavy penalties and back taxes. Here are 7 red flags that your advisor might be steering you off course:
1️⃣ Guaranteed refunds: If it sounds too good to be true, it is.
2️⃣ Unqualified: Anyone can call themselves an "accountant" in the UK. Always check for Chartered (ICAEW) status.
3️⃣ No paperwork: Estimating expenses instead of using receipts will fail an HMRC check.
4️⃣ "Creative" deductions: Claiming personal costs as business expenses is illegal evasion.
5️⃣ Ghosting you: Missing VAT or Corporation Tax deadlines results in automatic fines.
6️⃣ Tech-averse: Shunning cloud software like Xero means more manual errors.
7️⃣ Complex schemes: Avoid offshore accounts or weird loan structures.
Don't risk your livelihood. At Harrison’s Accountancy, our fully qualified Chartered Accountants offer legal, transparent, and stress-free guidance.
Read more in our blog post: https://harrisonsaccountancy.co.uk/7-red-flags-youre-getting-bad-tax-advice-and-how-to-fix-it/
Contact us if you require assistance: Call 01767 312696, email [email protected] or send us a message.