Know your rights
HMRC is stepping up its assault on evasion, avoidance and tax planning. Stung by criticism from Parliament, HMRC is looking to demonstrate that it is not a soft touch when it comes to avoidance and evasion. Using a combination of:
- The new senior staff that it is recruiting
- The Connect Computer System
- The automatic exchange of information provisions
- The new criminal and civil penalties
The environment is likely to become significantly more difficult for taxpayers who are caught under their microscope.
HMRC increased prosecutions in the year to 5th April 2015 to 1,258 people which was a 58% rise on the previous year. The investigations yielded £26 billion of additional tax and 400 years of custodial sentences.
The new criminal offences for failing to declare offshore income and for corporations that fail to take adequate steps to prevent the facilitation of evasion will undoubtedly increase the number of prosecutions further in the years to come.
This course looks at the whole area of tax investigations including:
- Sources of information for HMRC
- Their new powers
- Taxpayer rights
- How to avoid criminal sanctions
- Tactics in dealing with HMRC
- Case law on the conduct of investigations
- The appeals process
- Fee protection
- The international context
Tax investigations cause substantial strain to both the taxpayer and potentially their advisors. This seminar also looks at the human element which is often overlooked in an investigation.
In an age when there is less tolerance for those who allegedly do not pay their fair share of tax, this course will look at the remaining defences which a taxpayer can deploy against ever more powerful authorities.