HMRC Information Notice

Details

HM Revenue and Customs (HMRC) issues notice to have individuals and businesses provide information and documents. And in certain circumstances will issue formal information requests to third parties. The taxpayers must submit the documents and particulars as are in their possession or power.

Types of Information Notice

Taxpayer notice:
The officer with HMRC can issue written notice to a person requiring to submit information or produce documents for the verification of tax position.

Third-party notice:

The officer of HMRC can issue written notice to a third party requiring them to provide information or produce documents for the verification of another person’s tax position. The third-party should identify the person whose tax position is verified.

Identity unknown notice:
The authorised officer can issue notice to the third party to provide information or produce documents required for the tax verification. This could be an issue for –

The individual whose identity the officer does not know
A class of persons whose individual identities are unknown

Identification Notice:
The authorised office writes notice to the third party to provide relevant information about a person or class of persons whose identity is not known by HMRC. HMRC has obvious information that can be used to ascertain the identity of the person or class of persons. The relevant information could be the name, address, and date of birth of the person whose identity is required.
When HMRC approach third parties for the documentation or information, it could be done without your consent or knowledge. For this, HMRC should first apply to an independent tribunal for approval.
When you receive the information notice, ensure that it has been validly issued. HMRC requests for additional documentation and information once the initial verification of the requirements and consideration per their guidelines is done.
If you fail to comply with the information notice with the agreed timeframe, you may have to pay the initial penalty charges of £300. And in case of continuation of non-compliance additional penalties of up to £60 per day can be levied. HMRC can also apply to an independent tribunal to levy penalties based on the tax amount due by the taxpayer.

How Can We Help You!

With extensive experience in dealing with the HMRC information notice for our clients through the years, we can assure you to help you find details, documentation, and guidance. We will help you manage the process with minimal interruptions from any form of investigation.
You also have the right to appeal in all cases, apart from the request to provide the documents requested by the HMRC as part of taxpayer statutory records. Proper representation of the case at the tribunal helps in the success of the appeal and should be done through the specialist advisor who can challenge and manage HMRC.
Get in touch with us when you sense that HMRC is more likely seeking third party identification notice or building a case to investigate under intrusive Codes of Practice such as COP9 or COP8 or even more serious case of criminal investigations. We can assure you to take control of the situation and ensure that your interest is best protected.

Get in Touch!

Are you looking for reliable, efficient, and precise accounting services in the UK which are also cost-effective? We spend time listening to your concerns, assure the best service, and represent/guide you appropriately on HMRC guidelines, and prepare you for the appeal process.