Just as Tyson Fury knows when to step away from the ring, businesses—and their tax advisors—need to know when to step up and challenge HMRC.
Timing, strategy, and resilience make all the difference in a tax dispute. So, when is the right time to fight? And when is it better to settle?
One size doesn’t fit all
In boxing, no two fighters have the same style. The same applies to tax disputes—there’s no single approach that works for every case.
The nature of the business, the structure of the transactions, and long-term financial goals all play a role in shaping the best strategy. What works for one taxpayer could be disastrous for another. That’s why tailored strategies are key.
The importance of strategy
Fury’s retirement was a strategic decision, made to focus on what mattered most. Tax disputes require the same level of careful planning—knowing when to challenge HMRC, when to negotiate, and when to settle on the right terms. A strong tax strategy should be as well-thought-out as a fighter’s game plan. Every move should serve a clear purpose.
Mental and financial health matter
Long-running disputes with HMRC can feel like 12 rounds with a heavyweight—draining, costly, and stressful. Just as Fury prioritised his well-being, taxpayers need to consider the mental and financial impact of a tax challenge.
That’s where expert guidance comes in. A good tax advisor is like a good coach—helping clients stay focused, reduce stress, and keep the fight on track.
Prompt, personal service with a great team who resolved our issue within a couple of days. The FWJ team were very professional and answered any questions along the way. I would definitely recommend!
A client for whom we achieved a successful outcome
Preparation is key
Whether you’re stepping into a boxing ring or facing a tax challenge, preparation is crucial. Knowing the ins and outs of tax law, gathering the right evidence, and having a solid plan ensures you’re ready for whatever HMRC throws your way. Without this level of preparation, even the strongest case can be knocked out early.
The key takeaway
Being a tax lawyer isn’t about one-size-fits-all solutions. It’s about crafting the perfect strategy for each client, tailored to their needs and goals—just like a coach crafting the perfect plan for their fighter.
If you or your client is gearing up for a tax dispute and want a strategy that’s tailor-made for you, the Tax disputes team at FWJ are here to help. We promise no boxing gloves required!
How our tax team at FWJ can help
At Francis Wilks & Jones, we are uniquely placed to help you with regard to any tax questions, claims or investigation. Our team is headed up by Andy Lynch who previously spent 18 years working in the special investigations team at HMRC before joining us at FWJ.
Andy and his team are dedicated to providing the highest level of service to help you overcome any challenges you are facing. Call today
