HMRC Tax Investigation: Specialist Advice
HMRC Tax Investigation:
Specialist Advice
Need Help With A HMRC Tax Investigation?
If you’re the subject of an HMRC tax investigation and need expert advice, we’re here to help.
Our tax investigation specialists can recommend a variety of strategies and resources that can be used to relieve the stress you’re experiencing and bring an open tax investigation to a close. These include:
Manage all interactions with HMRC on your behalf, meaning that you’ll have no direct contact with HMRC regarding your tax investigation.
Appeal any tax assessments, penalties and interest that HMRC may seek to charge when concluding the case.
Represent you at First-Tier Tax Tribunal, should the appeal need to go to court.
Aiming to settle the matter without needing to go to court in the first instance, using Alternative Dispute Resolution.
Need HMRC tax Investigation Help?
Click below to watch now…
If you’re the subject of an HMRC tax investigation and need expert advice, we can help.
Our tax investigation specialists can recommend a variety of strategies and resources that can be used to relieve the stress you’re experiencing and bring an open tax investigation to a close. These include:
• Manage all interactions with HMRC on your behalf, meaning that you’ll have no direct contact with HMRC regarding your tax investigation.
• Appeal income tax assessments, penalties and interest that HMRC may seek to charge when concluding the case.
• Represent you at First-Tier Tax Tribunal, should the appeal need to go to court.
• Aiming to settle the matter without needing to go to court in the first instance, using Alternative Dispute Resolution.
Firstly, What Is A Tax Investigation?
Tax Investigation is a broad term: when HMRC wants to check that someone’s taxes are in order, it will usually do so via a formal tax investigation or enquiry. Tax Investigations can take many different forms, including Income Tax investigations (section 9a investigation), VAT enquiries and Corporation Tax investigations.
Tax investigations usually aren’t undertaken at random; HMRC usually conducts a tax investigation because it believes that there may have been an underpayment of tax.
If you’ve received a notification from HMRC, informing you that you are under investigation then seek professional help as soon as possible. At T M Sterling we offer a free initial consultation, so this may be a good place to start – we can detail your options and identify a solid plan of action moving forwards.
Click on the video below to watch now…
What Is An HMRC Tax Investigation?
Tax Investigation is a broad term: when HMRC wants to check that someone’s taxes are in order, it will usually do so via a formal tax investigation or enquiry. Tax Investigations can take many different forms, including Income Tax investigations (section 9a investigation), VAT enquiries and Corporation Tax investigations.
Tax investigations usually aren’t undertaken at random; HMRC usually conducts a tax investigation because it believes that there may have been an underpayment of tax.
If you’ve received a notification from HMRC, informing you that you are under investigation then seek professional help as soon as possible. At T M Sterling we offer a free initial consultation, so this may be a good place to start – we can detail your options and identify a solid plan of action moving forwards.
What If I Know That I Have Tax Irregularities?
If HMRC is investigating your tax position and you know that you have irregularities in your taxes, this should be addressed with the help of a professional.
Tax enquiries can quickly snowball into more serious investigations, covering more tax periods and more types of tax. HMRC has the power to go back up to 20-years when trying to uncover tax issues in certain circumstances. A tax investigation specialist will be able to manage the situation and recommend the best way of dealing with matters. For example, we’re able to secure immunity from criminal prosecution if we feel that it’s required.
If you’re concerned about criminal prosecution, or simply need to know your options, please contact us for a free, no-obligation consultation.
What If I know That I Have Tax Irregularities?
If HMRC is investigating your finances and you know that you have tax irregularities, this should be addressed with the help of a professional.
tax enquiries can quickly snowball into more serious investigations, covering more tax years and more types of tax. HMRC has the power to go back up to 20-years when trying to uncover tax issues in certain circumstances. A tax investigation specialist will be able to manage the situation properly and recommend the best way of dealing with the issues. For example, we’re able to secure immunity from criminal prosecution if we feel that it’s necessary.
If you’re concerned about criminal prosecution, or simply need to know your options, please contact us for a free, no-obligation consultation.
HMRC Tax Investigations: The First-Tier Tax Tribunal
The First-Tier Tax Tribunal is an independent court that we routinely use to overturn decisions made by HMRC. Approaching the First-Tier Tax Tribunal can offer an effective course of action during and following a tax investigation.
For example, if you have cooperated with HMRC throughout your VAT investigation, but HMRC has shown little willingness to progress matters, then in certain circumstances we can make a “closure notice application” to the First-Tier Tax Tribunal. This essentially forces HMRC to bring a timely resolution to the case.
The First-Tier Tax Tribunal can also be used to appeal a tax assessment itself. This takes the final decision out of HMRC’s hands and could see your tax assessment(s), tax penalties and interest charges dismissed. The First-Tier Tax Tribunal has jurisdiction over almost all tax matters, including Income Tax, VAT and Corporation Tax.
HMRC Tax Investigations: The First-Tier Tax Tribunal
The First-Tier Tax Tribunal is an independent court that we routinely use to overturn decisions made by HMRC. Approaching the First-Tier Tax Tribunal can offer an effective course of action during and following a tax investigation.
For example, if you have cooperated with HMRC throughout your VAT investigation, but HMRC has shown little willingness to progress matters, then in certain circumstances we can make a “closure notice application” to the First-Tier Tax Tribunal. This essentially forces HMRC to bring a timely resolution to the case.
The First-Tier Tax Tribunal can also be used to appeal a tax assessment itself. This takes the final decision out of HMRC’s hands and could see your tax assessment(s), tax penalties and interest charges dismissed. The First-Tier Tax Tribunal has jurisdiction over almost all tax matters, including Income Tax, VAT and Corporation Tax.
What Information Do I Need When Undergoing A Tax Investigation?
Firstly, just because HMRC asks for information, it doesn’t mean that you should necessarily provide it. Information and documents generally fall into two categories: statutory and non-statutory.
Statutory information is that which you are required to provide by law, and can be legally demanded by HMRC. Non-statutory information is that which the law doesn’t require you to provide, but would simply be of interest to HMRC – you are not required to provide this.
However, to defend your position, you’ll want to have as much information to hand as possible. This commonly includes details of income and expenditure – such as purchase invoices, sales invoices and bank account statements.
It goes without saying that the more information you have, the stronger your position will be. Having access to detailed and accurate information will greatly assist you or your adviser in successfully defending against an HMRC tax investigation.
To discuss the information that you have available, or information that HMRC has requested, please contact us for a free, no-obligation consultation.
We Can Help You: Expert Advice…
We help clients just like you to overcome all manner of complex tax problems – such as defending against an HMRC Tax investigation.
During your free initial consultation, our specialists will build an understanding of your case and formulate a strong plan of action to resolve the issues you’re facing.
Free consultations are offered on a first-come-first-served basis. Please call us now: 01656 508461 or click the button below to book a call.
What Information Do I Need When Undergoing A Tax Investigation?
Firstly, just because HMRC asks for information, it doesn’t mean that you should necessarily provide it. Information and documents generally fall into two categories: statutory and non-statutory.
Statutory information is that which you are required to provide by law, and can be legally demanded by HMRC. Non-statutory information is that which the law doesn’t require you to provide, but would simply be of interest to HMRC – you are not required to provide this.
However, to defend your position, you’ll want to have as much information to hand as possible. This commonly includes details of income and expenditure – such as purchase invoices, sales invoices and bank account statements.
It goes without saying that the more information you have, the stronger your position will be. Having access to detailed and accurate information will greatly assist you or your adviser in successfully defending against an HMRC tax investigation.
To discuss the information that you have available, or information that HMRC has requested, please contact us for a free, no-obligation consultation.
We Can Help You: Expert Advice…
We help clients just like you to overcome all manner of complex tax problems – such as defending against HMRC tax investigations.
During your free initial consultation, our specialists will build an understanding of your case and formulate a strong plan of action to resolve the issues you’re facing.
Free consultations are offered on a first-come-first-served basis: please contact us for a free, no-obligation consultation with our VAT appeal experts, or click the button below to call us now.