Quartz Services Uk

We assist people and businesses who have serious issues to disclose and resolve with HMRC Examples of such tax serious issues to resolve with HMRC include (not exhaustive): Non or underdeclared - >>> Business income >>> Rental income >>> Investment income >>> Capital gains >>> IHT liabilities >>> VAT >>> PAYE >>> CIS >>> Offshore issues In most cases, provided a complete and truthful disclosure is made, HMRC are prepared to agree on a financial settlement rather than launching a criminal prosecution. Such settlements will include penalties, the size of which are dependent on a number of factors including cooperation. Why Resolve Matters With HMRC? Aside from the obvious ...." because it is the law" ....the fact is HMRC are getting very good at catching those who haven't declared their taxes. Their new computer system is called CONNECT CONNECT presents tax inspectors with data from different sources on the same person and this can be compared to the declaration made by that person on their tax returns. By way of example - say someone's tax return states their income is £40,000 If HMRC has information onscreen (which they now have) that indicates the same person: 1) Got a mortgage for £500K on a second property 2) Leases a Bentley motor car - at £2,500 pm 3) Travels regularly to known tax havens 4) Makes some interesting boasts on social media You can see why HMRC would be very interested in looking further into the declared earnings on the same person's tax return. In short - it is MUCH BETTER to make an unprompted disclosure to HMRC rather than having the taxman knock first. If the taxman knocks first it could well be very loud knocking ..... and very early in the morning! If you wish to resolve a serious matter with HMRC, we can make an approach on your behalf. Don't do this on your own. Get in touch if you need help. 0208 499 8050 Sean.Davern@QuartzServicesUK.Co.UK