How to survive a tax investigation

A tax investigation can be a very difficult time for you and your family. However, you must keep calm, don’t lie to HMRC, destroy evidence or make partial disclosures. If you are being investigated by HMRC it is vital that you seek professional advice from the beginning, someone who understands the jargon and can talk to HMRC on your behalf. Don’t discuss your tax affairs with anyone but your professional advisors and work with your advisors to be well prepared for any meetings, never assume HMRC are ignorant of anything.
Henderson Morgan is non judgemental and will take control of the investigation which allows you to carry on with your business and life. We pride ourselves on passionately supporting our clients. Please contact our 24 hour phone line on 0044 203 150 0923 or contact investigation@henderson-morgan.com our initial consultation is free and confidential.

UK Inheritance Tax and the 3 year rule

Many people who are UK domiciled, look to lose their domiciled status given the high cost of UK inheritance tax, as this has many advantages for wealth protection. But not many people are aware that even if you lose UK domiciled status, HMRC still considers you domiciled for 3 years after you have left the UK for inheritance tax purposes.

This one simple rule on UK inheritance tax, which has tripped many individuals up, starkly highlights the need for Strategic Wealth Planning, always consult a wealth planning expert.