Case Study
Morris Palmer Limited were asked to prepare a full disclosure
report covering a ten year period. The case had been referred
to the former Special Compliance Office as a result of an Inland Revenue business examination of
the fishing industry on the South Coast. A civil settlement was
reached with a much reduced penalty loading.
Case Study
A local inspector case had been referred to the former Special Compliance Office under the limits
outlined in the Inspector’s manual. The expected tax lost
was considered to be well in excess of £300,000. Morris
Palmer Limited were instructed to prepare a full disclosure report
resulting in a final tax, interest and penalty settlement of £30,000
payable over 60 months.
Case Study
An error was discovered in the accounts of a property investment
company resulting in large Section 419 exposure together with
associated interest and penalties. In order to protect the taxpayer
from potential criminal proceedings we took the case direct to
the former Special Compliance Office. This course of action not only afforded the client the protection
of Hansard, but considerably reduced the penalties levied as well.
Case Study
Morris Palmer Limited were contacted by accountants already overwhelmed
by a large Special Office investigation. We were able to provide expert assistance
to the accountants in the preparation of the report, including
its content and structure together with negotiating the ultimate
tax, interest and penalties.
For further information on how Morris
Palmer can help you, please contact us on solutions@morrispalmer.co.uk
or call 01403 750 444.
