I’m Under Investigation By HMRC
Undeclared Income
I am under investigation for undisclosed income by HMRC what should I do ?
Over the last few years HMRC have launched various campaigns targeted geographically, against certain types of taxpayer, and specific trades and professions, such as residential landlords, doctors, medical professionals, solicitors, barristers, online traders, plumbers, electricians, taxi drivers and private tutors.
Historically, there have been surprisingly few prosecutions in relation to these campaigns, particularly given the relatively low take-up under the schemes. However, this is likely to change given HMRC’s declared intention to prosecute more cases and the vast data sources it can now access and analyse (with its CONNECT
you are under investigation by the HMRC, you should seek immediate legal assistance. Due to the level of the allegations being made against you, we understand that any investigations being carried out by HMRC can be both daunting and confusing. You will therefore require expert help from a legal team who specialise in tax law.
Pavidus Legal have the necessary expertise and experience to select well-placed Legal representatives to support and guidance you every step of the way. During the course of your case, your selected lawyer will
Provide you with a full understanding of your situation and the subsequent implications
Explain the investigative process and advise on how long it is likely to last
Liaise with HMRC and the police on your behalf
Build a strong defence which gives you the best-possible chance of a successful case
Advise on the appeals process should you dispute HMRC's ruling
Work hard throughout to protect your interests and reputation whilst making the process as stress-free as possible
Should I give HMRC voluntary Disclosure ?
The above offer a one-off opportunity for voluntary disclosure with lower penalty incentives to ‘clear the slate’ and avoid the threat of a future tax fraud investigation and prosecution for income tax evasion. Contact Pavidus immediately for a free chat before taking any decisions or actions regarding voluntary disclosure to HMRC
WHAT IS TAX EVASION?
I am accused of Tax evasion what should I do ?
Simply put, tax evasion is the act of illegally avoiding taxes by misrepresenting your finances to the HM Revenue Customs (HMRC). This crime can be carried out by an individual or a business in a number of ways:
Under-reporting income
Inflating deductions
Hiding assets
Illegally using offshore accounts
If the HMRC has a slight suspicion that you are guilty of tax evasion, or they receive a tip-off, an investigation will be launched into you or your business.
Whether you have been unfairly accused of tax evasion, have overlooked information that should have been supplied to HMRC or taken your eye off the ball when it comes to your accounts and investments, perhaps entrusting them to others, legal advice is imperative to ensure that you are treated fairly throughout the investigation.
I’m Facing Prosecution For Undeclared Income What should I do ?
WHAT ARE THE PENALTIES FOR TAX EVASION?
What is the penalty when facing prosecution for undeclared income ?
If you are found guilty of tax evasion, your penalty will depend on a number of factors, including:
How much money you fraudulently took
The scale of your crime
The number of people involved in the crime
Penalties for tax evasion range from heavy fines to prison sentences and if you are criminally prosecuted you will still be liable to pay your outstanding tax bill. As well as the legal repercussions, the government also holds the right to name and shame those who have been found guilty of tax evasion. This could prove detrimental to your personal character and the reputation of your business so because of the seriousness of these consequences, and the need to manage the reputation of you or your company, we recommend you contact a legal professional for expert advice as quickly as possible.
