Can HMRC investigate closed companies?
Yes! HMRC do have the power to reopen previously settled tax returns if an investigation reveals serious questions.
However I have not seen this happen regularly and they have other ways to attack a director personally these days rather than go for a closed company
Normally the HMRC tax investigation time limit is 4 years, in which they can go back to re-claim back tax .
If someone has been proved to be careless (submitting tax returns with mistakes), ...Read More →