5 Tips to Avoid HMRC Investigations & Settle Disputes
notebook Every year, HMRC opens investigations when there is any suspicious activity. In 2021, the HMRC’s fraud investigation services recovered more than £1 billion . However, not all businesses or individuals that are suspected of fraud and tax problems are committing these crimes. Here’s how to avoid investigations and settle disputes when that happens. 1. Document Everything It’s unnecessary that you did something wrong or committed a crime for HMRC to launch an investigation. They can launch it to clear up some concerns or questions they have. They might not understand some of the documents that you submitted, or some might have been missing. To avoid that happening, document everything. If there is an enquiry, hold all letters between yourself and the HMRC. If you were exchanging documents with them, keep copies of all the documents. Also include notes of phone calls, emails, and any other interaction. Also, send your information through recorded delivery for proof of posta...