Have you received a Code of Practice 9 letter from HMRC?
Have you received a letter from HMRC stating you are being investigated under Code of Practice 9 or Contractual Disclosure Facility? If yes, you need to take this very seriously and contact a tax investigation specialist as soon as possible. Code of Practice 9 investigation or Contractual Disclosure Facility has serious implications including possible imprisonment if not dealt with carefully.
What is a Code of Practice 9 Investigation?
Code of Practice 9 or COP 9 is a formal investigation into serious tax fraud. It is also known as Contractual Disclosure Facility or CDF. HMRC usually start a Code of Practice 9 or COP 9 investigation when they suspect serious tax fraud in excess of £75,000. HMRC give you the opportunity to make a full disclosure of underpaid tax under the Contractual Disclosure Facility. There is a strong chance of prosecution and imprisonment if this investigation is not handled carefully or a full disclosure is not made. The first step is to accept that there has been undeclared tax and to provide an outline disclosure to HMRC. If the outline disclosure is accepted, the full disclosure report is then submitted after agreeing a timeline and approach with HMRC. This type of investigation can go back up to 20 years.
Call us on 0207 998 1834 to speak to a specialist for a free and confidential consultation about your case.
Can Churchill Tax Advisers help with your Code of Practice 9 investigation or Contractual Disclosure Facility?
We are the UK’s leading tax investigation firm specializing in Code of Practice 9 Investigations or Contractual Disclosure Facility. We have one of the highest success records in closing Code of Practice 9 or COP9 investigations and have helped clients from all over the UK. We also act as consultants for a large number of accountants offering advice on Code of Practice 9 investigations.