HMRC Enquiries and Disclosures
HMRC normally has a 12 month window from the date you file your tax return to open a tax enquiry. They may have longer if you’ve amended your tax return or if you sent it in late. They have additional powers outside of the 12 month enquiry window if they can prove the tax return filed was deliberately misleading.
Each year, HMRC raise enquiries otherwise known as compliance checks, to ensure a specific tax return or claim is correct or to check that any payments are being made and reported correctly. Another reason is to discourage evasion and make sure the tax system is operating fairly. For that reason some checks are made on a random basis.
Receiving an enquiry does not necessarily mean that HMRC believes there are serious problems with your tax affairs. Even so, responding to an enquiry can be very time consuming and stressful for you and your family members or employees.
Our team of advisors has a great deal of experience in handling all manner of Revenue enquiries and we can help manage the process on your behalf, ensuring you have minimal contact with HMRC. During this process we will defend your position and where appropriate, negotiate the best possible settlement, including interest, surcharges and penalties, where tax is due as a result.
Depending on the circumstances of each case, we can assist as follows:
- Dealing with tax enquiries raised into the tax affairs of individuals, partnerships, companies, offshore trusts or onshore trusts;
- Providing advice to accountants, lawyers, agents and other professionals;
- Negotiating tax penalties;
- Providing advice in relation to the new tax tribunal system;
- Dealing with conflicts with HMRC;
- Making voluntary disclosures under the New Disclosure Opportunities (Tax Amnesty) as they become available;
- Preparing disclosure reports as required under Code of Practice 9, in cases where serious tax fraud is suspected;
- Preparing disclosure reports for unprompted voluntary disclosures;
- Resolving tax investigations being conducted under Code of Practice 8, in tax avoidance cases.