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AML tax scheme
Introduction –AML tax scheme
If you have recently received a letter from HMRC in relation to the use of an AML tax scheme, then we recommend that you seek advice in relation to this letter as soon as possible.
As always, when you get a letter from HMRC timely advice and proper consideration of how to respond is crucial.
Take charge of your own enquiry
However, we would recommend that the advice that you seek should come from an independent practice or person.
Many tax scheme providers will have taken payment at some point for a ‘defence’ fund. Alternatively, you may be contributing a monthly amount in order for them to deal with any HMRC enquiries.
However, this may not be in your best interest.
The options being presented by the provider (or their associated tax partners) may be the options that primarily suit the provider rather than your own.
If you obtain independent advice then you will have control over how the enquiry is conducted from your side.
Of course, you will still not be able to control the speed and direction that HMRC take!
If you have received a letter from HMRC in relation to a AML tax scheme then please do get in touch.
For an overview of our Tax Investigation services then please see our dedicated page.
Who are we?
ETC Tax is a specialist tax advisory firm and was with two specific aims:
Due to demand for high quality specialist tax advice ETC Tax has seen rapid growth over the past few years. Today, our tax team is made up of a group of highly experienced Chartered Tax Advisers who between us have amassed a wealth of tax experience, mostly gained at Big 4 and Top Ten accountancy firms. Supported ably by a team of passionate Tax Advisers and committed support staff we enjoy working together to achieve the best possible outcome for our clients, priding ourselves on delivering complex tax advice in a commercial and ‘user friendly’ way.
ETC Tax – ‘Making the complex simple’
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