Tax investigations: Why HMRC might investigate a business

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Adam Bernstein offers advice for businesses to help them stay in HMRC’s good books

According to HMRC’s Annual Report and Accounts for 2017-18, the tax authority brought in £605.8 billion in tax revenue for the government that year. More importantly, and of interest to taxpayers with a mind to play fast and loose with the tax rules, HMRC’s staff “protected more than £30 billion that would otherwise have been lost to UK taxpayers through tackling error, avoidance, evasion and organised crime.”

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