Being singled out for a tax enquiry by HMRC can be a daunting experience. We have an enviable reputation in negotiating with HMRC and can guide you through the process step by step. We understand the importance of shielding you from unnecessary intrusions and reaching a timely conclusion. If you have undisclosed tax liabilities we can also help you to become compliant using one of HMRC’s disclosure facilities.

HMRC has devoted more resources to their specialist investigations teams in recent years, and have developed advanced systems to identify cases of tax evasion; particularly where there is an overseas or “offshore” aspect.

Without a considered approach, HMRC enquiries can impose a significant strain on your time and financial resources. Mark Davies & Associates can guide you through the process and reduce the personal burden for you.

Our multi-disciplinary team has a deep understanding of the UK tax regime for foreign domiciliaries, coupled with an impressive track record in concluding enquiries with HMRC on favourable terms for our clients.

We will work closely with you to formulate a strategy that takes account of your particular circumstances. We are also familiar with the types of offshore structures which are commonplace tax planning for non-doms, but often attract undue scrutiny from HMRC.

If you have undisclosed tax liabilities, or are unsure whether your UK tax affairs are up to date, we can help you.  In virtually all cases, lower penalties can be by secured by disclosing details to HMRC before they approach you.

Although many of HMRC’s offshore disclosure facilities have now come to an end, including the Liechtenstein Disclosure Facility (“LDF”) and Crown Dependency Disclosure Facilities, a new facility is on the horizon for clients affected by the Common Reporting Standard.

For more information on the Common Reporting Standard, please click here.

Please contact us if you would like to discuss any of the following:

  • Voluntary disclosures to HMRC, including the new Common Reporting Standard disclosure facility.
  • Serious investigations involving HMRC Special Investigations under Code of Practice 8 or Code of Practice 9.
  • Using periodic campaigns launched by HMRC in order to regularise your tax affairs, including the Let Property Campaign.
  • Extraction from Tax Avoidance Schemes.
  • Time to Pay Arrangements.