We have over the last several months noticed an increase in HMRC Code of practice 9 (“COP9”) investigations following a recent reorganisation of HMRCs Fraud Investigation Service. COP9, is a serious civil investigation designed to encourage taxpayers to disclose their tax positions or face potential criminal investigation and prosecution. The increase in the number of COP9 investigations underscores HMRC’s commitment to tackling tax evasion and ensuring tax compliance in the UK.
Gary is a Chartered Accountant with over 30 years’ experience and is a member of the Institute of Taxation.
He has over 30 years experience in all aspects of tax with PwC, Eversheds, Ernst & Young and KPMG. Gary retired from the partnership of PwC in June 2015. He joined Pannu Tax as a Senior Consultant on 1 June 2017. Gary specialises in reviewing and advising on complex structures and in working with entrepreneurial clients to help them achieve their business and personal objectives in the most tax effective way. Whilst ensuring his clients have the most tax efficient structure and planning he does this in a way that is not aggressive towards the tax authorities.
Gary has recently helped his clients with the following issues:
- Reviewing a variety of offshore trust and tax structures and advising on any potential UK tax risks or historic issues.
- Advising non-UK tax domiciled clients and their trusts on the implications of the new deemed domicile legislation.
- Advising clients holding UK residential property through offshore vehicles.
- UK tax residency issues under the Statutory Residence Test.
- Inheritance planning to pass family wealth to the next generation in the most tax efficient way.
- Advising on the management of succession from one generation to the next in family businesses and how best to sustain long-term family wealth.
- Extracting funds from companies in a tax effective manner whilst safeguarding tax reliefs such as entrepreneurial relief and 100% IHT relief.
- Using EIS and SEIS to enable clients to raise funds in the most tax effective way for new business projects.
Leading National Tax Investigation Support
The team at Pannu Tax specialise in tax investigations, disputes and enquiries for clients throughout the UK.
Pannu Tax Dispute and Investigation Services
The expert team at Pannu Tax have helped numerous clients with all types of HMRC investigations and enquiries, including:
- Resolving Offshore Tax Issues
- CoP9 / Contractual Disclosure Facility
- CoP8 Investigations
- Settlement of Tax Avoidance Schemes
- HMRC Corporate & Income Tax Enquiries
- Dispute Resolution and Appeals
- Employer Compliance Reviews / PAYE Inspections
- Criminal Tax Investigations
- Residence and Domicile Enquiries
- HMRC Task Force