Survive HMRC Tax Investigations

When under tax investigation, it is vital that you deal with HMRC correctly to ensure matters do not spiral out of control. Here, Mark Taylor shares how you can survive a HMRC tax investigation and mitigate penalties.
Stay calm

Having worked in tax investigations for over 25 years serving as a Senior Tax Inspector for HMRC to now leading Buzzacott’s award-winning Tax Investigations and Dispute Resolution team, taking the following steps is, from my experience, imperative to overcoming any HMRC tax investigation. 

Stay calm

Whether you have received a letter from HMRC or recently become aware of any irregularities in your tax affairs, there is no doubt that it can be alarming and disruptive. However, it is important that you remain calm and weigh up your options thoroughly. If you panic you could end up in a worse position facing unnecessary tax, interest and penalties.

Seek specialist advice

Seek specialist advice

HMRC welcomes specialists being appointed because it speeds up the process, allowing your case to be fast tracked to a conclusion. Specialist advisers, such as ourselves, that 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.

Use a disclosure campaign

Use a disclosure campaign

Where appropriate, you could take advantage of a disclosure campaign. Using a disclosure facility can, in some cases, ensure that you:

  • Effectively manage and control the scope of HMRC’s investigation
  • Minimise the risk of further questioning from HMRC
  • Limit the period to which HMRC can ask questions
  • Avoid criminal prosecution
  • Only pay the minimum penalty enforceable by the law (in some cases this is 0%).

It is vitally important to use the correct disclosure campaign and as such, specialist advice is strongly recommended.

Get help today
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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