<p>&nbsp; HMRC increases tax penalty intake by 25% &#8211; a record £851m collected It is well known that taxes in the UK are not cheap. However, if you seek professional advice in advance to plan a reasonable tax bill, you still have the opportunity to reduce some of the costs. In recent years, His Majesty’s [&hellip;]</p>

Over the past decade, HMRC (Her Majesty’s Revenue and Customs) has frequently conducted surprise audits,

Will HMRC know if I have secretly earned extra money? How does HMRC track your income? How should I manage my additional income?

We recently handled a case which we’d like to share with you.  It’s regarding the investigation of an individual’s overseas income.