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HMRC compliance enquires

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Information Notices

Information Notices HMRC have the ability to issue formal information notices of various different flavours. These may be issued following a failure to respond to an initial “formal” enquiry or may be received by a taxpayer without any such prior notice. Information notices generally may be issued in the following forms: HMRC’s ability to enquire […]

22 November 2022
Failures in Compliance

For whatever reason, a taxpayer may not have complied with his or her obligations. Perhaps one of the most common questions you’re asked as a tax adviser is, “how will HMRC find out?” I am sure the viewer would never ask such a thing, but we will try to answer that question in this video. […]

22 November 2022
Cryptoassets: HMRC Enquiries and Interventions

Introduction For many, cryptocurrency will be more associated with non-compliance than it is for compliance with the tax rules! This is unfortunate. Thankfully, the market has moved on as it has evolved and the majority of people in the industry will be aware of their tax reporting obligations. That said, there will still be those […]

16 September 2022
Cryptoassets: HMRC Information Powers and other data collection tools

Introduction HMRC have a number of formal Information Notices coming in a variety of different flavours. These may be issued either: following a failure to respond to an initial “formal” enquiry; or may be received by a taxpayer without any such prior notice. Types of Information Notice Information notices generally may be issued in the […]

16 September 2022