What To Do In The Event Of An Hmrc Tax Investigation
October 11, 2022 ⚊ 1 Min read ⚊ Views 118 ⚊ BLOG
A tax inquiry entails HMRC investigating your tax reporting and payment history in the past. They do this to ensure that the correct amount of taxes has been paid. They are unavoidable since one of HMRC’s primary priorities is to close the tax gap, This is the sum that is not collected by HMRC notwithstanding their reasonable expectation of receiving that sum in tax revenue.
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