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TAX EVASION

TAX EVASION

Recently it has become difficult to differentiate between tax avoidance and tax evasion. Tax avoidance is in some cases legal. However, Her Majesty’s Revenue and Customs has been clamping down on a number of high-profile tax avoidance schemes, including film schemes, research and development schemes and Carbon Credit scheme that have been specifically promoted and sold to High-Net-Worth Investors and Sophisticated Investors by tax advisors. Tax evasion however has never been legal.

 

Tax evasion involves deliberately evading a tax liability. This can be done in many ways one of which may be by making dishonest declarations regarding profits or overstating deductions. If convicted of tax evasion, this can carry a lengthy custodial sentence. 

Investigations of tax evasion can have a serious impact on you and your business. Lawyers at Lexis Solicitors have vast experience and knowledge in defending individuals and businesses being investigated of tax evasion by Her Majesty’s Revenue and Customs. 

 

Her Majesty’s Revenue and Customs have a range of powers that allow it to conduct civil or criminal investigations where it suspects tax evasion may be a case. 

 

Initially Her Majesty’s Revenue and Customs will consider civil tax investigations against you, filling this, if they believe an offence of tax evasion has been committed the civil investigation can be upgraded to criminal investigations by Her Majesty’s Revenue and Customs. 

 

Investigations by Her Majesty’s Revenue and Customs can have serious consequences for your personal life and your business. Therefore it is so important to consult with Lexis Solicitors.  

 

At Lexis Solicitors our lawyers are specialists and have a reputation of helping you every step of the way if their clients are facing investigations or allegations of tax evasion. 

 

Lawyers at Lexis Solicitors apply outstanding expertise and experience to ensure their clients receive the most positive outcome.

Lexis Solicitors are on hand to offer advice and assistance. Contact our team immediately today.