A detailed guide by Adam Craggs and Constantine Christofi (RPC).
Civil investigations
1. What are HMRC’s main investigatory powers?
HMRC has a range of powers that enable it to check a person’s tax position including the following:
Compliance checks
A compliance check is any action taken by HMRC to check a person’s position in relation to any of the major direct or indirect taxes. Examples of compliance checks include:
enquiries into self-assessment tax returns (SATRs);
enquiries into land transaction returns for stamp duty land tax purposes;
VAT assurance visits; and
employer compliance reviews.
Compliance checks can also be used before a tax return has been or is required to be submitted. This is known as a pre-return check and is generally only carried out where HMRC believes there is a material tax risk (and perhaps where there has been a history of non-compliance)....
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A detailed guide by Adam Craggs and Constantine Christofi (RPC).
Civil investigations
1. What are HMRC’s main investigatory powers?
HMRC has a range of powers that enable it to check a person’s tax position including the following:
Compliance checks
A compliance check is any action taken by HMRC to check a person’s position in relation to any of the major direct or indirect taxes. Examples of compliance checks include:
enquiries into self-assessment tax returns (SATRs);
enquiries into land transaction returns for stamp duty land tax purposes;
VAT assurance visits; and
employer compliance reviews.
Compliance checks can also be used before a tax return has been or is required to be submitted. This is known as a pre-return check and is generally only carried out where HMRC believes there is a material tax risk (and perhaps where there has been a history of non-compliance)....
If you or your firm subscribes to Taxjournal.com, please click the login box below:
If you do not subscribe but are a registered user, please enter your details in the following boxes:
