Tax investigations and enquiries
HMRC has increased the number and scope of its investigations into the tax affairs of individuals, particularly focusing on high-net-worth taxpayers and those with international aspects to their affairs.
This, combined with HMRC’s extensive information powers, make it more important than ever that taxpayers are supported through HMRC enquiries. With pressure to close the tax gap and maximise revenues, there is increased investment in tax investigations and the frequency of HMRC enquiries is rising.
To speak with our specialist tax dispute resolution team in confidence, please contact us via our dedicated mailbox at taxdisputes@pkf-l.com.
We can help you with:
- HMRC compliance checks
- HMRC investigations
- HMRC nudge letters/HMRC campaigns
- Voluntary disclosures
- Tax disputes
Our tax investigation services
We can assist with HMRC enquiries, investigations and tax disclosures covering a wide range of UK tax issues, including income tax, capital gains tax and inheritance tax.
If you’ve received an HMRC investigation or enquiry notice, we will work with you to understand your situation and assess your tax exposure. We will engage with HMRC to communicate your position and resolve any matters of contention.
Where any irregularities are identified, we will work with you and HMRC so your position can be settled and agreed having regard to your individual circumstances. We will advise regarding your potential exposure and negotiate a settlement with HMRC.
We are experienced in working with HMRC to resolve disputes and mitigating exposure to penalties, as well as negotiating how many years HMRC can assess. Understanding the reasons behind any tax irregularities is key to determining how many years can be assessed and whether it may be possible for any penalties to be suspended.
We tailor our services based on your individual circumstances and the nature of any potential tax irregularity.