Tax Avoidance Settlements

Although less taxpayers now enter into tax avoidance arrangements than they have done historically, a significant number have still not resolved their case with HMRC. We regularly speak with clients who have participated in tax planning arrangements based on advice they received at the time, but now find that the individuals that gave the original advice will no longer help them, or in some cases they have disappeared completely.

Who can we help?

We help all taxpayers who want to explore their options for agreeing a settlement of their tax avoidance arrangements with HMRC and move on with their lives. We have experience of working with HMRC’s Counter-Avoidance Directorate so we can understand the technical basis for HMRC adopting a particular position and can guide clients through a settlement process.

Inability to pay

In our experience one of the main reasons that stops clients from seeking a settlement of their tax avoidance arrangements is an inability to pay. However, HMRC are keen for taxpayers to come forward and settle even if that means paying back the amount owed over an extended period.

Time to pay Arrangements

We can obtain illustrative costs of settlement where the client is under no obligation to proceed, should they choose not to. The team at Menzies can assist clients with securing Time to Pay arrangements and where necessary, speak directly with HMRC on behalf of clients to explore acceptable repayment terms.

To find out more about solving tax avoidance settlements, watch Matthew Watkins‘, Director, Tax Disputes and Disclosures video below:

Should I settle?

HMRC’s approach to tackling perceived tax avoidance means that they will continue to pursue the amounts owed for as long as it takes and until the case is settled, often for many years, commencing litigation wherever they deem it appropriate to do so. HMRC regularly state that they win more than 90% of tax avoidance cases that they take to the Tax Tribunal, which has led to an increasing number of taxpayers looking to settle.

Menzies approach is to help their clients settle on the best possible terms before cases are litigated.

Call our free confidential hotline – 07813003194


Alternatively, contact our team of experts below using the contact form

    Service head

    Matthew Watkins

    Director

    Matthew is a Tax Dispute and Disclosures Director. He specialises in helping clients who need to make voluntary disclosures to HMRC.