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Misconceptions about tax investigations
KEY POINTS
- HMRC must open an enquiry before asking for more information about a self-assessment tax return.
- There is no such as thing as a discovery enquiry: these rules give HMRC the power to assess not ask speculative questions.
- Informal discussions can be helpful but if an inspector has questions to ask he must open a formal enquiry.
- The date of the enquiry letter is important but to be valid it must be received by the taxpayer before the enquiry window closes.
There have been substantial changes to tax investigation work in recent years everything from a new penalty regime to new information powers and a revamped code of practice 9 for cases of suspected fraud.
Various other projects such as the Liechtenstein – and other – disclosure facilities and...
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