PLEASE NOTE THIS EVENT IS NOW FULL
In recent years we've seen HMRC taking an increasingly aggressive stance in its dealings with taxpayers. This is reflected both in the number of enquiries being raised into all aspects of a taxpayer’s affairs and in the level of detail and coordinated approach being taken. This may even take the form of an unannounced visit by one or more tax inspectors. For any business owner, this can be distressing and intimidating.
These enquiries are rarely opened randomly but are generally the result of a detailed risk assessment by HMRC. We want to make sure you’re armed with the required knowledge to ensure these enquiries are dealt with and completed as smoothly as possible. It’s highly likely that HMRC will ask a multitude of questions relating to your business and potentially your personal tax affairs.
Often these requests may seem relatively benign but within this long list of requests there is often one “killer” question which hints at why HMRC think there may be issues to address. Along with Paul Brown of HURST Tax, we will also be hearing from Alex Clarke of Atherton Clarke LLP, a firm that focuses on HMRC investigations. Alex provides defence for clients under enquiry from HMRC and spesilaises in Code of Practice 9 cases and providing forensic reports in prosecution cases. Both Paul and Alex are former HMRC officers so they are well placed to advise on what tax investigations entail.
Before providing any documentation or answering any questions, it is vital that you try to determine what the purpose of the enquiry is. During this seminar, you will be advised of the best course of action to take when you’re presented with this situation. We will also discuss the possible reasons for an unannounced visit taking place and how to deal with this situation should it arise.
NB: If you are faced with an enquiry form HMRC, or even an HMRC officer turning up at your premises unannounced, we would strongly recommend that you seek advice. Our tax team are always here to help!