Special Civil Investigations usually deal with tax investigation cases involving over £500,000 and are only opened when the taxman has irrefutable evidence. Tax fraud cases involving less than £500,000 are generally dealt with by the Civil Investigation of Fraud (CIF) unit.
Tax Fraud is investigated under Code of Practice 9 procedures and Tax Avoidance under Code of Practice 8. When HMRC decide to prosecute someone for tax fraud, this will be dealt with elsewhere but SI may nevertheless be investigating cases in which prosecution remains a possibility. As long as COP 9 full disclosure has been agreed, HMRC will not prosecute. The tax payer will need to supply a comprehensive report detailing all tax irregularities.
You will need our specialist tax investigation expert on you side to prepare the report and negotiate with HMRC on the tax and venalities that should be paid.
The Special Investigation Offices also investigate case of suspected tax avoidance involving marketed schemes. SI also investigate business sectors where it is known that wide scale tax irregularities are happening, as well as offshore financial arrangements with interests in the UK. If SI think it is appropriate they will pass your COP 8 tax investigation on to the Revenue and Customs Prosecution Office (RCPO) for a criminal tax prosecution.
SI inspectors tend to be well-informed, technically expert and tenacious. If SI are interested in you or your client the matter should be taken seriously and our expert help is advisable.
Without exception, when the taxman comes knocking, he wants to recover tax and VAT. In serious cases, we have saved companies literally tens of thousands of pounds - a fraction of the fees that we charge.
Contact us TODAY for some friendly, helpful advice.
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