The following Value Added Tax guidance note by Tolley provides comprehensive and up to date tax information covering:
This guidance note provides an overview of the how the initial meeting between HMRC and the taxpayer will be conducted for all offers made with effect from 30 June 2014. This note should be read in conjunction with the Fraud civil investigation - COP9 offer made from 30 June 2014 - overview, Fraud civil investigation - COP9 offers made from 30 June 2014 - the disclosure and Fraud civil investigation - COP9 offers made from 30 June 2014 - closing the case guidance notes.
The purpose of the initial meeting varies depending on the nature of the investigation, but normally one of the following will be the subject of the meeting:
HMRC should ensure that it adequately explains the purpose of the meeting to all of the parties involved so they can prepare for the meeting. HMRC will, however, take the opportunity during the meeting to confirm that the taxpayer is aware of the serious implications of not providing a full disclosure of the irregularities and the benefits of cooperating fully with the investigation.
HMRC will seek to achieve the following during the meeting with the taxpayer and their adviser:
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