This client is based in Essex and provides transportation services. The client had received a VAT investigation going back four years and HMRC were initially asking for a substantial tax amount together with penalties and interest. Our tax specialists considered the case in depth a found that the basis of VAT assessments raised by HMRC were incorrect. We sent our technical analysis together with supporting documentation to HMRC. Initially, HMRC refused our technical position and requested further supporting documentation. After several exchanges of technical correspondence the HMRC officers accepted that our position had been correct from the outset and that no tax was due by our client. To make matters even better, HMRC accepted that our client was due a tax refund. We are grateful to the HMRC officers involved in this case for their practical approach towards resolving this fairly complex matter.
Our analysis: This case could have dragged on for a long time and is a good example of cooperation. The main factors for early closure were establishing a good relationship with the HMRC inspectors and providing the required information in an effective manner.
This post was posted in: Civil Investigation of Serious Tax Fraud Cop 9, Code of Practice 8 Investigations Cop 8, Code of Practice 9 - COP 9, Criminal Tax Investigation, Discovery Assessments, HMRC Compliance Check, HMRC Fraud Investigation Service, HMRC Unannounced Visits, Tax Evasion, Tax Fraud Investigation, Tax Investigation, VAT Investigation and Inspection | Be the first to comment