Tax

The Tax Break Podcast | Taxpayer Information notices

Published on 5th May 2021

In our latest tax podcast, Ian Hyde and Matt Greene consider the sorts of issues you need to think about when HMRC start asking you for information or documents.

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HMRC has the power to issue a notice requiring the provision of documents or information from a taxpayer or third party and there can be penalties for non-compliance. Managing such requests is often key to managing successfully an HMRC enquiry.

In this podcast we look at notices sent to the taxpayer, the limits of HMRC's powers including what documents are "relevant" and "reasonably required", look at time limits, what to do if you suspect HMRC are conducting a "fishing expedition" and some useful tips on strategy.

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* This article is current as of the date of its publication and does not necessarily reflect the present state of the law or relevant regulation.

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