Tax investigation is a necessary part of all governments but can become time-consuming and even costly for individuals and businesses alike, who find themselves unable to appropriately fulfill all governmental obligations with regards to their income tax reporting. We are a fully qualified and accredited team of tax accountants specialize in tax investigations and proud to be one of the finest HMRC Tax Investigation Specialists.
WHAT WE DO
Tax avoidance is the use of legal methods to modify an individual’s financial situation to lower the amount of income tax owed. The big confusion about ‘tax avoidance’ arises because it hinges on the question of whether the tax arrangement is legal or not.
HMRC INVESTIGATION POWERS
As failure to comply with tax regulation is construed a criminal offence, the HMRC officials are endowed with criminal investigation authority to counter such acts. In particular the HMRC has the power to:
TYPES OF INVESTIGATIONS
HMRC has the right to launch an inquiry into the tax affairs of any individual, business or organization. The main aim of a tax investigation is to assess a financial situation and claim any tax liabilities that have gone undeclared.
HMRC TAX PENALTIES
Every different tax sees the application of a separate penalty for misconduct, usually in the form of a fine. Failing to pay these fines may result in criminal proceedings being brought against tax payer.
News & Resources
Partnership Tax Return | Case Law
A partnership’s ‘paper’ (i.e. non-electronic) tax return was held to have been submitted before the statutory filing deadline, despite HM Revenue and Customs contending that the return had been filed late and seeking penalties for its late submission. The appellant...
HMRC Inquiry Closure Notice Application | CASE LAW
An application for a closure notice in respect of an HMRC inquiry into the appellant’s domicile status was refused, as HMRC was not bound by its previous confirmation of the taxpayer’s domicile. The appellant, a UK national with a UK domicile of origin, spent...
Get a Free Consultation
Every accountant is not an expert in a tax investigation. Your accountant may take it as a simple compliance check without knowing the background about the HMRC probe into your tax affairs. Send our HMRC Tax Investigation Specialists a message and we will discuss your case on the phone and provide you vital information to help you before you decide to present your case to HMRC.