COP 9 investigation experts
Code of Practice 9 (COP9) is the name given to an HMRC investigation triggered by suspicions of fraud, and are carried out by the Fraud Investigation Services. Typically, it relates to a perceived shortfall in VAT. This is the most serious type of civil investigation that is undertaken by HMRC and thus the one that provides the greatest levels of worry and anxiety among businesses.
The process of a COP9 investigation entails the investigated party to be offered a Contractual Disclosure Facility (CDF), which is an offer to disclose the tax fraud in question and secure immunity from prosecution. You will be given the option to then either admit to the fraud and accept the CDF offer, or be able to reject the offer. In either situation, you will be faced with the need to be able to provide full details on the suspected fraud, and to seek expert advice at the earliest opportunity.
At JR Accounts, we have the expertise available to help you face an investigation with the utmost in support, regardless of the avenue you wish to pursue. The process will almost certainly be arduous and drawn out but, with the right help and the knowledge of our team of experts, we’ll be able to guide you through the investigation in a manner that is as hassle-free as possible.
Put your trust in JR Accounts
Any form of tax-related investigation can be a harrowing and costly experience, particularly if it comes out of the blue. This is why it pays to employ the services of an accountancy firm with proven expertise when it comes to dealing directly with HMRC and handling its investigation procedures.
Contact our accountants in Ilford
Facing a potential COP9 investigation is one of the stressful situations you can find yourself in as a business owner. As such, you should always seek the support of experienced experts as soon as possible. If you have any questions about COP9 or HMRC investigations in general, please get in touch with our Ilford accountants as soon as you’re ready.
