| Get a Tax Health Check done to let you sleep at night if you ever worry about what HMRC might find if they pay a surprise visit - and now visits are more likely at short notice. |
| Here are some of the current problems that you might be worried about. Or maybe even things you didn't realise were wrong...... |
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update these pages periodically
(a) Offshore Banking -
Another amnesty @ 10% coming but
conditions apply - Let us help you save the
costs of inexperience - see Bill's page
Dave Hartnett, the acting Chairman of HMRC was
quoted as
saying:
“Some people will go to jail — I have no doubt
about that, for example where they have lied to us
during a previous investigation. We do not
tolerate that at all.”
OK so you didn't take advantage of the Offshore
Disclosure Facility and HMRC haven't come a
knocking yet. It is rumoured that
(i) HMRC are looking for the correct prosecution
cases and
(ii) there will possibly be a new tax amnesty
coming soon
therefore anybody with a decent load offshore in the
years to 2005-06 & 2006-07 should really think hard
before keeping their head in the sand.
You can still get a good deal and lower penalties than
otherwise if you are agreeable to let us manage your
enquiry and go forward before you get caught. You
might even escape prosecution and HMRC may
settle for money.
The Offshore bank account project team have been
known to make demands they are not necessarily
entitled to make so get advice from Bill to keep them in
check.
Advice can be given on the advantages of going forward
with an amnesty on the cards and the options open to
you.
Bill is here to help and use the Contact Us page to
make direct contact for an initial chat at no charge.
(b) Goodwill & Incorporation of Company -
Once upon a time it was considered a nice wheeze for a
practitioner to get a nice fat fee in return for getting his
client - a profitable trader - to incorporate his business
with the carrot of getting nearly £36K tax free from the
new company's director's loan account. Then into the
bargain the advisers annual fees were higher for
administering the company books etc.
HMRC didn't do much about the £36K ploy so then the
tax
advisers got greedy and more ingenious and started to
exploit
HMRC's seeming weakness.
However although it takes them a while it seems from
one of my
recent enquiries that they may be getting more on top of
the game. If you are a tax adviser that has exploited the
seeming loophole or a taxpayer that has followed your
tax advisers advice you may need help. Bill and Vicky at
Tax Enquiry Advice Partnership are here to help
(c) Safety deposit boxes - Operation Rize -
In June 2008 eight addresses were raided, including
three
London safe depositories, two other business premises
and
three private addresses in the city of London and
Hertfordshire
by the Met in relation to money laundering. They have
been
pretty pleased with themselves and I think it is inevitable
that
some time soon they will be providing HMRC with juicy
information that won't be of any use to the Met but great
news for HMRC about hidden tax evaded etc cash and
valuables.
Normally HMRC will trawl safety deposit boxes if they get
wind of it in any enquiry and if either you had a box in a
raided premises or you have an enquiry with cash in
your deposit box you need help before it is too late.
Dealing with enquiries in this area require careful
management. Tax Enquiry Advice Partnership is here to
help.
(d) Employer Compliance Visits -
If you recently read an article possibly suggesting that
Employer Compliance staff were not visiting to detect
fraud and that they would believe whatever you say as
regards there being no particular benefits when they go
through their checklists then beware. Do not use this
tactic to side step answering a question in a way you
know is wrong as it can lead to you being accused of
lying and potentially higher penalties (and even being
referred to the Serious Criminal Investigation section).
You might of course get lucky and be seen by a CIF
Team
If any of these problems hit a raw nerve contact us with
the feedback form and we will help - whatever the
problem is it is never beyond help
Bill can be contacted 24/7 on 07751720507
(a) Offshore Banking -
Another amnesty @ 10% coming but
conditions apply - Let us help you save the
costs of inexperience - see Bill's page
Dave Hartnett, the acting Chairman of HMRC was
quoted as
saying:
“Some people will go to jail — I have no doubt
about that, for example where they have lied to us
during a previous investigation. We do not
tolerate that at all.”
OK so you didn't take advantage of the Offshore
Disclosure Facility and HMRC haven't come a
knocking yet. It is rumoured that
(i) HMRC are looking for the correct prosecution
cases and
(ii) there will possibly be a new tax amnesty
coming soon
therefore anybody with a decent load offshore in the
years to 2005-06 & 2006-07 should really think hard
before keeping their head in the sand.
You can still get a good deal and lower penalties than
otherwise if you are agreeable to let us manage your
enquiry and go forward before you get caught. You
might even escape prosecution and HMRC may
settle for money.
The Offshore bank account project team have been
known to make demands they are not necessarily
entitled to make so get advice from Bill to keep them in
check.
Advice can be given on the advantages of going forward
with an amnesty on the cards and the options open to
you.
Bill is here to help and use the Contact Us page to
make direct contact for an initial chat at no charge.
(b) Goodwill & Incorporation of Company -
Once upon a time it was considered a nice wheeze for a
practitioner to get a nice fat fee in return for getting his
client - a profitable trader - to incorporate his business
with the carrot of getting nearly £36K tax free from the
new company's director's loan account. Then into the
bargain the advisers annual fees were higher for
administering the company books etc.
HMRC didn't do much about the £36K ploy so then the
tax
advisers got greedy and more ingenious and started to
exploit
HMRC's seeming weakness.
However although it takes them a while it seems from
one of my
recent enquiries that they may be getting more on top of
the game. If you are a tax adviser that has exploited the
seeming loophole or a taxpayer that has followed your
tax advisers advice you may need help. Bill and Vicky at
Tax Enquiry Advice Partnership are here to help
(c) Safety deposit boxes - Operation Rize -
In June 2008 eight addresses were raided, including
three
London safe depositories, two other business premises
and
three private addresses in the city of London and
Hertfordshire
by the Met in relation to money laundering. They have
been
pretty pleased with themselves and I think it is inevitable
that
some time soon they will be providing HMRC with juicy
information that won't be of any use to the Met but great
news for HMRC about hidden tax evaded etc cash and
valuables.
Normally HMRC will trawl safety deposit boxes if they get
wind of it in any enquiry and if either you had a box in a
raided premises or you have an enquiry with cash in
your deposit box you need help before it is too late.
Dealing with enquiries in this area require careful
management. Tax Enquiry Advice Partnership is here to
help.
(d) Employer Compliance Visits -
If you recently read an article possibly suggesting that
Employer Compliance staff were not visiting to detect
fraud and that they would believe whatever you say as
regards there being no particular benefits when they go
through their checklists then beware. Do not use this
tactic to side step answering a question in a way you
know is wrong as it can lead to you being accused of
lying and potentially higher penalties (and even being
referred to the Serious Criminal Investigation section).
You might of course get lucky and be seen by a CIF
Team
If any of these problems hit a raw nerve contact us with
the feedback form and we will help - whatever the
problem is it is never beyond help
Bill can be contacted 24/7 on 07751720507
| Get help from Vicky in having a Tax Health Check before HMRC comes knocking or drops that dreaded letter through your door |
| Don't lose sleep or worry about that niggling problem deal with it before the tax man comes knocking. Get help from Bill or Vicky at Tax Enquiry Advice partnership |
She can also help by checking out your business and
record keeping to let you know if there are likely to be
any faults or shortcomings identified during an
enquiry. This is best done before HMRC open any
enquiry(ies) so don't be complacent.
From January 2009 Vicky has been available to help
in this initiative
Give us a text or send us an email
You can also just pick up the phone and talk to
us while your problem is keeping you awake at
night
Bill on 07751720507 or
Vicky on 07899913414 or
or even send a fax etc 01779 812480.
Tax Enquiry Advice Partnership |
BT/Fax 01779 812480
Mobiles : 07751720507 or
24/7 07899913414
Use the feedback form to Contact Us
Mobiles : 07751720507 or
24/7 07899913414
Use the feedback form to Contact Us
