HMRC continue to take a hard line in tackling Tax Fraud but what exactly is fraud?

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HMRC define fraud as any deliberate omission, concealment, or misinterpretation of information, or the false or deceptive presentation of information or circumstances in order to gain a tax advantage and tax fraud covers a wide range of illegal activity, including:

  • deliberately submitting false tax returns
  • falsely claiming repayments or reliefs
  • hiding income, gains, or wealth offshore

HMRC have a wide range of powers and specialist investigation teams enabling them to uncover even the most complex frauds and perpetrators.

However not all cases, in fact very few, end up in the Courts under criminal proceedings!

HMRC use civil powers allow them to obtain information and settle cases in monetary terms including a financial penalty charge. This is preferable for all and usually remains confidential and is far less traumatic and costly especially with the advice and guidance of a tax specialist.

In more serious cases of tax fraud, we take advantage of the process set out in HMRC’s Code of Practice 9, whereby in exchange for admitting their dishonesty, paying all their tax and significant financial penalties, a taxpayer will not face a criminal investigation. What’s not to like about that method of resolving a variety of your tax liabilities under one umbrella?


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