Do I need specialist professional representation?
At the outset of a COP9 tax investigation, HMRC will not share or divulge the evidence it holds that supports its suspicion of fraud. This makes it difficult for non-specialist agents to advise their clients as to whether they should accept or reject the CDF offer. Therefore, specialist advice about the potential consequences of accepting or rejecting the CDF offer is imperative. Furthermore, HMRC will also require a meeting with you and without adequate representation, these can become confrontational and extremely stressful.
Should you be placed under COP9 tax investigation, HMRC’s published view is as follows:“You are strongly recommended to seek specialist independent professional advice…many people find it helpful to appoint a specialist adviser who is familiar with the Code of Practice, in addition to their regular advisor.”
Specialist advisers, who have been provided with full details of your affairs, can guide you around potential pitfalls to ensure you are best protected. They will also allow you to get ahead of any accusations by HMRC and should reduce the overall cost of any investigation.