“We see a lot of HMRC Compliance Checks, because they cover so many different types of people and companies for example, and range from simple routine enquiries into tax returns (sometimes reviewing just a few entries) as well as full business enquiries (where the entire business and all its transactions are scrutinised), through to the […]
“Three months ago, I took a call from a business owner who sounded calm—almost too calm. He’d just received a brown envelope marked Code of Practice 8 ‘Notice of Investigation’ from HMRC. He thought it was a routine enquiry. It wasn’t. What followed was an eighteen-month deep dive by HMRC’s Fraud Investigation Service, with suspicions […]
“Three months ago, I received a call from a frantic entrepreneurial business owner. He’d just opened a brown envelope stamped with HMRC’s insignia. Inside: a COP9 letter accusing him of tax fraud. His voice shook. “I thought I’d done everything by the book.” But HMRC suspected otherwise, i.e. dishonest / wilful actions. And just like […]
HMRC Tax Investigations, Enquiries & Disclosures – Expert Webinar On 28th February 2024, we ran another webinar on our in-depth HMRC know-know. Whether you missed it, want to see it again and/or want to flag the video to others who might find it valuable, please click the link above to watch the video recording […]
Here’s another HMRC LPC “nudge-letters” article from Amit asking questions of HMRC. Written this time for Taxation Magazine. Please see it here: HMRC’s Let Property Campaign – new data. Or a final proof draft here. Amit looks at the facts and figures concerning HMRC’s Let Property Campaign related “nudge-letters” as well as non-disclosure related action […]
Should HMRC ramp up offshore liability (WDF) nudge letters? Here’s another WDF / “nudge-letters” article from Amit asking questions of HMRC. Written this time for AccountingWEB.co.uk. Please see here: Should HMRC ramp up offshore liability nudge letters? | AccountingWEB Amit looks at the facts and figures concerning offshore banking data received (annually and automatically) under […]
Webinar 01/05/25: HMRC Tax Investigations, Enquiries & Disclosures – An HMRC Video On 1st May 2025, we ran another webinar on our in-depth HMRC know-know. HMRC Video Contents Whether you missed it, want to see it again and/or want to flag this HMRC video to others who might find it valuable, please click the link […]
Its serious! HMRC civil tax investigations – Tax Insider (FEBRUARY 2025) Here’s an updated article from Amit about serious, civil HMRC tax investigations, focusing on Code of Practice 9 (COP9, CDF) and Code of Practice 8 (COP8) investigations: Written for Tax Insider: Tax Investigations: When Jail Is a Risk “When it comes to tax […]
Penalties for AML Failures, levied by HMRC This was supposed to be a ‘hot off the press’ article a few weeks ago, but time ran away with itself. We hope there is something here of interest for the readers. We have analysed HMRC’s published list of almost £4 million in penalties for AML failures […]
Budget 30 October 2024 – key tax changes This is a short memo on the UK‘s Budget as announced by the new Labour Party’s Chancellor on 30/10/2024. We have been approached by many professional contacts for details on the key developments for their clients with international links as well as entrepreneurial businesses. With so many […]
