HMRC have now, and for some time, conducted focussed, specific investigations into particular “high risk” sectors within tightly defined geographical areas. HMRC will routinely publish their intended Taskforce targets, to encourage businesses with possible failings in those targeted sectors or areas to come forward voluntarily to disclose any tax problems.
Taskforces, in some part, go back to an earlier age when HMRC would police their local areas knowing who their traders were. The taskforce approach now has at its core HMRC's strategy of tackling tax evasion using local knowledge and following detailed risk assessment to identify “potential offenders”.
Taskforce investigations typically cover all types of taxes whether income tax, corporation tax, VAT and employment taxes. The investigations are very much team-worked by HMRC Officers, able to call on any resources from within HMRC including the criminal investigations and prosecutions teams, the Specialist Investigations Directorate, the Contractual Disclosure of Fraud teams or Officers from the Local Compliance area.
As with any HMRC activity such an investigation will be stressful, time consuming and involve extensive scrutiny by HMRC of business and tax records.
How can we help?
We have been dealing with HMRC related troubles for over 50 years, having dealt with hundreds of cases both as former HMRC Investigators and assisting and supporting clients in our time in practice. Our clients tell us that they value our extensive knowledge and genuine “hands on” approach to any matter involving HMRC disputes and difficulties.
We operate nationally, or internationally, and are not tied to our desks. We believe in giving a no nonsense level of support with affordable fees and costs. Our pricing structure is affordable, and we will fixed budgets for our engagements avoiding the traditional open-ended, "on the clock" approach of larger firms and our competitors.
To discuss this with us on a non-judgmental, discrete and no cost basis call our helpline 0800 001 6686 or contact us here today.
Gary Brothers and Mike Leigh are regular contributors to a number of professional forums. The current blogs are here, and our archived blogs can be found by checking on the link below.