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HMRC Powers

Tax Series

17th June 2008, 12:30-13:30

Chairperson: Greg Sinfield, Partner, Lovells

Speakers: Robert Hartley, Senior Associate, Lovells and Stephen Whitehead, Senior Manager, KPMG

For further details, please see the order form or call +44 (0)20 7347 3575

Webinar Details

  • What are the ways that HMRC powers are likely to change going forward - the past vs present regime?
  • How well prepared are tax payers for revenue enquiries?
  • What is the best way forward on an action to ensure a quick and successful conclusion?
  • With the new penalties regime, what behaviours are tax payers expected to demonstrate?
  • How can tax payers reduce the risk of being subject to penalties by taking reasonable care to get their returns correct and proving that they have done so, and
  • In the event that they do incur a penalty, how can they reduce the amount (perhaps even to nil) by disclosure and cooperation with HMRC enquiries?
  • The new penalties regime - is your tax planning consistent with the new HMRC powers regime?
  • Disclosure - extent of privilege
  • Documentation requests - what to do with pro-forma
  • What's the appropriate response to HMRC requests/demands? Do you deal with it in a compliance context or a litigation basis?
  • Strategic direction on how to respond to HMRC demands
  • The application of HMRC powers through HMRC's litigation and settlement strategy
  • Total compliance is anticipated from large business - how can you go above and beyond HMRC requirements?

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