HM Revenue & Customs' Investigations

HM Revenue & Customs is entitled to enquire into your tax return to check you are paying the right amount of tax regardless of your size or status.  We understand that a tax investigation can be extremely traumatic and disruptive.  Regrettably, for the unprepared or ill-advised, it can be a minefield and can lead to tax, interest and penalties being unecessarily paid. 

Expert advice is therefore essential to help protect your personal and your business interests.  This is an area that we have experience in and are happy to talk to you regarding concerns you may have.  Contact us today for a free and confidential initial meeting.

Current News

HSBC Jersey Client List Obtained by HM Revenue & Customs:

HM Revenue & Customs have been provided details of the bank's UK customers and will be checking to see if there are any potential activities that have not been disclosed in the UK.

HM Revenue & Customs are investing significant time and resources into investigating offshore assets, so whether you have a 'Jersey account' or any other undisclosed bank account or assets, you should take advice as soon as possible.

If you have any concerns regarding your UK tax position or disclosure requirements then we can help.  Time is of the essence and any issued should be disclosed to HM Revenue & Customs before they contact you, so do not delay!  

Campaigns & Task Forces:

HM Revenue & Customs are setting up dedicated task forces to target specific sectors across the UK in their ongoing crack down on tax evasion.  The perceived success of previous HM Revenue & Customs' campaigns also means that these will continue and enable certain taxpayers to voluntarily come forward and bring their tax affairs up to date.  The current campaigns and task forces include: -

• Direct selling campaign
• Home improvement campaign
   
• Legal professions in London
• Grocery/retail in South & North Wales, The North West & South West
• Hair & Beauty professionals in the North East
• Restaurants in the South East and Solent
• The Motor trade in Scotland  

If you have any concerns regarding your current tax position in relation to the above or any other matters, please contact us for a no obligation consultation.