Tax compliance checks: what you need to know

HMRC has numerous powers to check a business’ tax position. This can include VAT assurance visits or enquiries into self assessment tax returns or stamp duty land tax (SDLT) for land transactions. Checks are usually undertaken after a submission of a return but pre-return checks can be undertaken if HMRC believes there is a tax risk, but you need to be prepared to face the tax authority

VAT returns

VAT assurance visits are undertaken through a risk-based system. The more complex and the larger the business, the more likely it is that a business will receive an assurance visit. If a return is late or inaccurate this can also prompt an assurance visit.

HMRC will usually give seven days’ notice of a visit and it will be arranged at a mutually convenient time.

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