{"id":362,"date":"2023-11-20T09:01:36","date_gmt":"2023-11-20T09:01:36","guid":{"rendered":"https:\/\/cmgaccountant.com\/?page_id=362"},"modified":"2023-11-21T14:55:25","modified_gmt":"2023-11-21T14:55:25","slug":"hmrc-enquiry-tax-investigation","status":"publish","type":"page","link":"https:\/\/cmgaccountant.com\/index.php\/hmrc-enquiry-tax-investigation\/","title":{"rendered":"HMRC ENQUIRY &#038; TAX INVESTIGATION"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-page\" data-elementor-id=\"362\" class=\"elementor elementor-362\">\n\t\t\t\t<div class=\"elementor-element elementor-element-9880c4b e-flex e-con-boxed e-con e-parent\" data-id=\"9880c4b\" data-element_type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t<div class=\"elementor-element elementor-element-f07905d e-con-full e-flex e-con e-child\" data-id=\"f07905d\" data-element_type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-d4f5bb6 elementor-widget elementor-widget-text-editor\" data-id=\"d4f5bb6\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-145b10e elementor-widget elementor-widget-heading\" data-id=\"145b10e\" data-element_type=\"widget\" data-widget_type=\"heading.default\"><div class=\"elementor-widget-container\"><h2 class=\"elementor-heading-title elementor-size-default\">HMRC enquiry and tax investigation<\/h2><\/div><\/div><div class=\"elementor-element elementor-element-7196ae73 elementor-widget elementor-widget-text-editor\" data-id=\"7196ae73\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\"><div class=\"elementor-widget-container\"><p><strong>CMG Accountants<\/strong> are experts in resolving HMRC enquiries and tax investigations for our clients. We can help you respond to any general HMRC enquiry, ensuring that your matter will be handled with care and consideration while still meeting all its requirements.<\/p><p>There is a procedure in place for individuals and companies who HMRC suspects of committing fraud. It can be an incredibly stressful time if you happen to get caught up with this investigation process. However, you must trust your advisers at this point to preserve any legal right that may exist.<\/p><\/div><\/div>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-1e6a25a e-con-full e-flex e-con e-child\" data-id=\"1e6a25a\" data-element_type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-17d8869 elementor-widget elementor-widget-image\" data-id=\"17d8869\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img fetchpriority=\"high\" decoding=\"async\" width=\"700\" height=\"487\" src=\"https:\/\/cmgaccountant.com\/wp-content\/uploads\/2023\/11\/HMRCIN1.jpg\" class=\"attachment-large size-large wp-image-846\" alt=\"\" srcset=\"https:\/\/cmgaccountant.com\/wp-content\/uploads\/2023\/11\/HMRCIN1.jpg 700w, https:\/\/cmgaccountant.com\/wp-content\/uploads\/2023\/11\/HMRCIN1-300x209.jpg 300w\" sizes=\"(max-width: 700px) 100vw, 700px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-8f44d5c e-flex e-con-boxed e-con e-parent\" data-id=\"8f44d5c\" data-element_type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t<div class=\"elementor-element elementor-element-d4590e9 e-con-full e-flex e-con e-child\" data-id=\"d4590e9\" data-element_type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-adb7cca elementor-widget elementor-widget-text-editor\" data-id=\"adb7cca\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<h3><strong>Tax investigation:<\/strong><\/h3><p><strong>CMG Accountants<\/strong>\u00a0will ensure you get the best possible outcome if HMRC is investigating or even just looking into your tax affairs. We can help manage inquiries and ensure all documentation and information is prepared for an investigation.<\/p><p>If you get the letter that informs you that HMRC will be looking at your tax affairs, you must think about how you can respond because if there\u2019s an error, it can impact the penalty that could be due. The letter might provide some clues as to what the HMRC\u2019s priorities are, for instance seeking information about your interest in a bank or\u00a0<strong>capital gain<\/strong>.<\/p><p><strong class=\"high-color\"><strong>CMG Accountants<\/strong> team has years of expertise in this field and will assist you in answering and managing your enquiry to ensure the optimal outcome.<\/strong><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-1e38721 e-con-full e-flex e-con e-child\" data-id=\"1e38721\" data-element_type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-57117dd elementor-widget elementor-widget-text-editor\" data-id=\"57117dd\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<h3><strong>Contractual disclosure facility (CDF):<\/strong><\/h3><p>If you get a letter from HMRC soliciting you to use the CDF, get advice from a <strong>CMG Accountants<\/strong> professional because the reason is quite simple: HMRC suspects you have committed tax fraud.<\/p><p>You must act fast, or HMRC will begin an investigation and make a criminal trial in the hope of prosecuting you. HMRC prefers to address tax fraud suspicion via the CDF following the civil procedure as laid out in the Code of Practice 9 (COP9). You will be required to fully disclose the intentional and non-intentional activities that resulted in problems with your tax affairs.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-8c39573 e-flex e-con-boxed e-con e-parent\" data-id=\"8c39573\" data-element_type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t<div class=\"elementor-element elementor-element-99a801b e-con-full e-flex e-con e-child\" data-id=\"99a801b\" data-element_type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-00eb4ad elementor-widget elementor-widget-image\" data-id=\"00eb4ad\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" width=\"700\" height=\"487\" src=\"https:\/\/cmgaccountant.com\/wp-content\/uploads\/2023\/11\/HMRC3.jpg\" class=\"attachment-large size-large wp-image-862\" alt=\"\" srcset=\"https:\/\/cmgaccountant.com\/wp-content\/uploads\/2023\/11\/HMRC3.jpg 700w, https:\/\/cmgaccountant.com\/wp-content\/uploads\/2023\/11\/HMRC3-300x209.jpg 300w\" sizes=\"(max-width: 700px) 100vw, 700px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-3109196 e-con-full e-flex e-con e-child\" data-id=\"3109196\" data-element_type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-6dac253 elementor-widget elementor-widget-text-editor\" data-id=\"6dac253\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><strong>However, the two outcomes to occur from COP9 notice is:<\/strong><\/p><ul><li>If you cooperate fully, the penalties could be reduced. If a legitimate disclosure is submitted, HMRC will look to end the investigation without delay.<\/li><\/ul><ul><li>If you refuse to cooperate, HMRC will take over the investigation, which could result in a criminal investigation and request information regarding your business and financial affairs from third-party sources. The investigation could be detrimental to your suppliers, customers, and other business contacts as they will be targeted.<\/li><\/ul><p>Tax investigation and disclosure are delicate and intricate, and dealing with HMRC is stressful. But there is a chance for you to avoid being charged with tax fraud if you fulfill all the obligations of CDF and fully disclose all the information required to HMRC.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-aadca6a e-flex e-con-boxed e-con e-parent\" data-id=\"aadca6a\" data-element_type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t<div class=\"elementor-element elementor-element-4219e96 e-con-full e-flex e-con e-child\" data-id=\"4219e96\" data-element_type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-9a8e176 elementor-widget elementor-widget-text-editor\" data-id=\"9a8e176\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<h3><strong>HMRC campaigns:<\/strong><\/h3><p>HMRC organizes \u2018campaigns\u2019 to persuade individuals in specific fields or industries to report undisclosed income or under valued income. As part of a campaign, you\u2019ll be required to calculate your taxes, income, and interest due as well as penalties. Penalties could range up to 20% of the tax owed. If HMRC finds out by themselves, the penalty could be severe with up to 100% of the unpaid tax. Therefore, it is wiser to disclose payments through the campaign to avoid a more significant fine.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-c622ca9 e-con-full e-flex e-con e-child\" data-id=\"c622ca9\" data-element_type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-71ef8ca elementor-widget__width-initial elementor-widget elementor-widget-text-editor\" data-id=\"71ef8ca\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<h3><strong>Contentious HMRC enquiry:<\/strong><\/h3><p>In general, negotiations with HMRC are simple. But there may be an inconsistency between your point of view and HMRC\u2019s. However, the issue may be related to the disclosure of information or specific to your field of work. Such matters could cause discontent, and that\u2019s why our expertise can be of great help.<\/p><p>We have many years of experience handling complex issues with HMRC with a satisfactory solution for our clients.<\/p><p>\u00a0<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-3327f28 e-con-full e-flex e-con e-child\" data-id=\"3327f28\" data-element_type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-726f1bd elementor-widget elementor-widget-image\" data-id=\"726f1bd\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" width=\"700\" height=\"487\" src=\"https:\/\/cmgaccountant.com\/wp-content\/uploads\/2023\/11\/hmrc2.jpg\" class=\"attachment-large size-large wp-image-866\" alt=\"\" srcset=\"https:\/\/cmgaccountant.com\/wp-content\/uploads\/2023\/11\/hmrc2.jpg 700w, https:\/\/cmgaccountant.com\/wp-content\/uploads\/2023\/11\/hmrc2-300x209.jpg 300w\" sizes=\"(max-width: 700px) 100vw, 700px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>HMRC enquiry and tax investigation CMG Accountants are experts in resolving HMRC enquiries and tax investigations for our clients. We can help you respond to any general HMRC enquiry, ensuring that your matter will be handled with care and consideration while still meeting all its requirements. There is a procedure in place for individuals and companies who HMRC suspects of committing fraud. It can be an incredibly stressful time if you happen to get caught up with this investigation process. However, you must trust your advisers at this point to preserve any legal right that may exist. Tax investigation: CMG Accountants\u00a0will ensure you get the best possible outcome if HMRC is investigating or even just looking into your tax affairs. We can help manage inquiries and ensure all documentation and information is prepared for an investigation. If you get the letter that informs you that HMRC will be looking at&hellip;<\/p>\n<p> <a class=\"more-link\" href=\"https:\/\/cmgaccountant.com\/index.php\/hmrc-enquiry-tax-investigation\/\">Read more<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"footnotes":""},"class_list":["post-362","page","type-page","status-publish"],"_links":{"self":[{"href":"https:\/\/cmgaccountant.com\/index.php\/wp-json\/wp\/v2\/pages\/362","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/cmgaccountant.com\/index.php\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/cmgaccountant.com\/index.php\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/cmgaccountant.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/cmgaccountant.com\/index.php\/wp-json\/wp\/v2\/comments?post=362"}],"version-history":[{"count":61,"href":"https:\/\/cmgaccountant.com\/index.php\/wp-json\/wp\/v2\/pages\/362\/revisions"}],"predecessor-version":[{"id":872,"href":"https:\/\/cmgaccountant.com\/index.php\/wp-json\/wp\/v2\/pages\/362\/revisions\/872"}],"wp:attachment":[{"href":"https:\/\/cmgaccountant.com\/index.php\/wp-json\/wp\/v2\/media?parent=362"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}