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UHY Ross Brooke Chartered Accountants

Tag: Tax investigation insurance

tax investigation insurance

The taxman may come knocking – are you ready?

HMRC has been allocated an additional £73m to focus its tax investigations on high net worth individuals and offshore accounts. While your tax position may stand up to scrutiny from HMRC, the prospect of an investigation is never welcome and can not only take a great deal of time to

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Tax Investigations Update

In this update we go back to basics and look at how HMRC chooses individuals and businesses for enquiry once it has received the finalised returns. Tax gap by type of tax: The current tax gap is estimated to stand at just shy of £34bn: Income Tax, National Insurance Contributions

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