We were approached by a client who had been running two sets of books and where money and investments had been made overseas.
HMRC believed that the tax at stake was in the region on £500,000 excluding interest and penalties.
We approached Special Civil Investigations and persuaded them to operate the case under Code of Practice 9.
We completed the report in the agreed timescale and reduced the overall settlement including interest and penalties to £325,000.
© Gilbert Tax Consultants LLP 2019Registered in England & Wales No. 0C 309788VAT No. 847 880575
We are bound by the ethical guidelines of the Chartered Institute of Taxation and any other regulatory requirement. We endeavour to provide accurate information, however,
the content of this site is for general information only and should not be taken to be tax or legal advice which must always be tailored to the appropriate circumstances of each individual.