Tax Investigations - HMRC Compliance Checks

The vast majority of compliance checks are launched because HMRC have concerns about the integrity of a tax return and/or accounts submitted by an individual, partnership or business.

If you are receive a notice informing you that HMRC wish to check your tax position then it is safe to assume that HMRC feel that you or your business has underpaid tax - either due to negligence or fraud.

Selection

HMRC will consider several factors including risk, means, industry knowledge, business economics and perhaps the results received by similar businesses in your geographical area.

The Inspector is also likely to hold a file of information obtained from third parties such as banks, local authorities and in some circumstances informants.

Compliance checks are expensive exercises and HMRC have a limited pool of compliance resources available to them. In short if a compliance check is launched by HMRC the Investigator is expecting to bring in a yield.

Do I have to provide the information or documents being requested?

If you receive a notice informing you that HMRC wish to check your tax position, you should seek specialist advice immediately.

It may be that HMRC are stepping outside of their statutory limitations or asking for information or documents that they are not reasonably entitled too.

An inspector once said to me "I am entitled to ask for anything" and strictly that is absolutely correct.

However, are you the taxpayer obliged to provide it?

Specialist advice

This is often a very grey area. In such circumstances you should tread very carefully and always seek the advice of an experienced tax professional.

Contact Admiral Tax Investigations

Admiral Tax Investigations have years of departmental experience amongst their team of tax investigation specialists. When allied to a proven track record of success within private practice you can feel secure that you could not have a better tax investigation team at your disposal.

Admiral Tax Investigations guarantee all fees up front, so you our client can plan appropriately and worst of all avoid any unexpected billing surprises.

For a no commitment, confidential discussion about how we can resolve your tax investigation and save you money, contact Admiral Tax Investigations day or night:

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