Established in 2005 as a replacement for the Inland Revenue and Customs and Excise, the HMRC, also known as the ‘Her Majesty’s Revenues and Customs’ department, is United Kingdom’s apex tax, payments and customs authority. The department is responsible for collecting the money that would be used to pay for the public services in UK. A part of the HMRC’s job description includes issuing the Code of Practice 9 investigation under the Contractual Disclosure Facility.
The Code of Practice 9, or COP9 investigation, is initiated in cases where the HMRC suspects a serious case of tax fraud or tax evasion. An individual involved in tax frauds can either contact the HMRC voluntarily and disclose all details pertaining to the fraud, or, the individual can wait to be contacted by the HMRC representatives with the list of options that the department has to offer. Under the Contractual Disclosure Facility, also known as CDF, the HMRC offers the following to a person involved in a tax fraud –
- Acceptance letter
- Disclosure form
- Rejection letter
- Copy of COP 9
Under the above mentioned methods, a person can either accept the tax fraud allegations made by the HMRC and deposit all details and evidences pertaining to the fraud, or, simply reject the accusations by replying with the rejection letter. However it must be noted, that in case of a denial, the HMRC may open up a detailed investigation against the said person. If the department finds evidence as proof of tax fraud, then the HMRC could also initiate a criminal investigation against the person in question.
In either case, employing the services of an experienced tax investigation specialist becomes imperative for an individual to be able to navigate through the case with ease and under superior guidance. At Churchill Tax Advisors, we take immense pride in declaring that our team of experts has relevant experience and expertise in handling such cases including the Code of Practice 9 investigations. Our team of experts would under their hiring duration, help you through the case right from the initial stage till the execution. Thus, if you have been hit with the COP 9 investigation from the HMRC, it is time for you to get on board with Churchill Tax Advisors and let us take care of the rest for you.