Code of Practice 9 Investigation

As  experienced tax accountants and Tax Advisers, we understand that complexities of Code of Practice 9 Investigations. That’s why we provide first meeting without any costs. Our first meeting is free and to check if HMRC is right in their suspicion or they have wrong information. 

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Code of Practice 9 Investigation
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How HMRC handle income tax investigation when a COP9 has been issued is a crucial factor. If it is handled badly it could result in the individual or company receiving increased penalties, as well as the company or individual’s name being published on HMRC’s website for tax fraud. This is why it is crucial that as soon as you receive a letter outlining HMRC’s intentions, that you contact an experienced and qualified team like Accountancy Solutions to guide you through the process.

Understanding Code of Practice 9 Investigation

Essentially, the Code Of Practice 9 establishes the procedures and protocols HMRC are expecting to operate under when there is suspicion of serious tax fraud.  This highlights:

  • That it is an individual or organisation’s only chance to fully, comprehensively disclose irregularities in their tax returns.
  • That to continue with the investigation process, the individual or company must admit that they deliberately avoided declaring their full income, or deliberately claimed VAT, expenses or reliefs they knew were not applicable and were incorrect.
  • That any accidental errors that should be included the appropriate disclosure.
  • That HMRC uses the term deliberate to suggest the individual or company knew they had included inaccurate accounts or tax returns and submitted them.
  • That prosecution is an option if false statements are made as part of the investigation process.
  • That if a full disclosure has been submitted, prosecution of the individual or organisation will not be considered.
  • That there are just 60 days from the date the offer was issued for the individual or company to accept participation in the Contractual Disclosure Facility.
  • That HMRC will assume that the individual or company are stating they have not deliberately submitted incorrect information if the forms required have not been received by HMRC within the time-frame.

OUR PROMISE

We care for our clients. Building and maintaining fantastic relationships is what we do best, we will never treat you as a number which is what makes our approach so unique. The highest level of customer service combined with a keenness to listen and work together with our clients means that we leave a stream of happy clients in our wake every single day. Our services come with unlimited help and support provided at no extra cost throughout the year.That help and advice will all come courtesy of your own fully qualified and dedicated small business accountant.

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Are you just looking for an answer to a general question? We always provide free advice to individuals and self employed persons. You can send us an email, call us or fill in the form. But you should be asking answers to general questions.

COP8 Investigations

We fully understand the sensitivity and professionalism that these type of cases require so promise to approach them confidently.

Tax Investigations

If you have received a letter from the HMRC regarding an income tax investigation, call our team for a qucik review of your tax.

COP9 Investigations

Do not take this investigation light. HMRC have done research and they have got proof of discrepancies or tax evasion

VAT Investigations

It can be a very stressful situation if your company is facing an HMRC VAT investigation. Call our team for assistance

Frequently Asked Questions

Most frequent questions and answers

No we do not charge any fee for initial consultation. We will try to give you free guidance if its something you can do easily by yourself. We will only charge you if you appoint us to do some work for you. 

We are giving free advice on general questions and this is one way of paying back to our local community who cannot get through to tax man. But if your question is of specific nature, we will tell you about our fee.

You can certainly ask question about accounting but you should know that we cannot teach you accounting over the phone or online. If you are not familiar with book keeping or accounting, its best to hire an accountant?

If you are only after advice, we will make a decision after hearing question. It may take further investigation and we may have to look into your personal circumstances to answer your question.

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