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News – 16.04.25

Buzzacott advises Karnell Group AB (publ) on the acquisition of Warwick SASCo Ltd

Find out how Buzzacott advises Karnell Group AB (publ) on the acquisition of Warwick SASCo Ltd … Read more

Insight – 23.04.25

Charity Fraud: Trends and Prevention Strategies

Learn more about Charity Fraud and the current trends and prevention strategies … Read more

Upcoming event – 08.05.25

A practical guide to navigating charity investments

Join our expert-led webinar to gain key insights into how charities can develop and maintain a strong investment approach that aligns with their mission and objectives. … Read more

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Avoid HMRC tax investigations

Mark Taylor, Head of Tax Investigations at Buzzacott, talks about avoiding HMRC tax investigations by mindful use of social media, accurate tax return submissions, and explaining inconsistencies.

Ensure accuracy

Be aware of social media

Whatever you post, whether it be on your Facebook page, Twitter, a forum, or any internet site, that information is available to HMRC and they will look at these sources for information to check your tax return.

Ensure accuracy

One of your obligations is to ensure that your tax return is accurate and complete. HMRC is alerted to various entries in your tax return such as rounded amounts or what HMRC suspects are estimated amounts as they will then believe that your record-keeping is not being complete.

Use the white box

Use the "white box"

If there are any year on year inconsistencies or variances in your tax returns, for example, if you have lived off non-taxable incomes one year or there's been a change in your business performance such as your gross profit rates, you should make entries in your additional information box, also known as the white box, to explain this. That way, when HMRC risk assesses your return, you will have made this situation aware to them.

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Call us today on +44 (0)20 7710 3389 or fill in the form below and a member of our team will be in touch. All communications are in the strictest confidence.