if you have any involvement with accountancy, are self-employed or are a company director, you will probably be aware that HMRC are much quicker to start an investigation than they previously were.
It's not just the aforementioned that they investigate out the blue.
Last year HMRC hit me with a random (?) Compliance Check, querying why I hadn't declared or paid tax on my untaxed interest. What they they hadn't realised cuz they hadn't been told by my Building Soc., so they said, that the untaxed interest was tax-free ISA interest
Of course, on my Tax Return I am enjoined not to include ISA interest. Still if you have declared correctly, you have nothing to fear from HMRC.
1999: Freeserve 48K Dial-Up => 2005: Wanadoo 1 Meg BB => 2007: Orange 2 Meg BB => 2008: Orange 8 Meg LLU => 2010: Orange 16 Meg LLU => 2011: Orange 19 Meg WBC
Edited by XRaySpeX (Wed 06-Feb-13 19:43:20)