What to expect from tax probes in 2020/21.
After temporarily pausing tax investigations as COVID-19
business support measures rolled out earlier this year, HMRC
has restarted probes into businesses and individuals’ tax affairs.
This update explores:
• What triggers an investigation?
• What will they investigate?
• What’s the process?
• How are penalties calculated?
• How far back can a probe go?
• Deliberately underpaid tax.