Avoid HMRC Tax Investigations

Mark Taylor, Head of Tax Investigations at Buzzacott talks about avoiding HMRC tax investigations by mindful use of social media, accurate tax return submissions, and explaining inconsistencies.

How do I avoid a HMRC tax investigation

Be aware of social media

Whatever you post whether it be on your Facebook page, whether it be on a forum, whether it be on an internet site or Twitter, that information is available to HMRC and HMRC will look at these sources for information to check your tax return.

Ensure accuracy

One of your obligations is to ensure that your tax return is accurate and complete. HMRC is alerted to various entires in your tax return such as rounded amounts or what HRMC suspects are estimated amounts because HMRC will then believe that your record keeping is not being complete.

Use the "white box"

If there are any year on year inconsistencies or variances in your tax returns so for example if you have lived off non-taxable incomes one year or there's been a change in your business performance such as your gross profit rates for example a change of supplier then one could making entires in your additional information box, the white box as it's known, to explain this so that when HMRC risk assesses your return you will have made this situation aware to them.

Request a callback or meeting

If you'd like us to give you a call, fill in your details below and we'll email to arrange a good time to speak to our Head of Tax investigations team, Mark Taylor. All communications are in the strictest confidence.

If you'd prefer to speak to our team directly, please call +44 (0)20 7710 3389.

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