Comprehending HMRC Code of Practice 9 (COP9)
HMRC Code of Practice 9 establishes a guideline for how taxpayers should engage with HMRC throughout an inquiry. It sets standards for both parties, promoting a fair and clear process. Adherence to COP9 can mitigate the risk of penalties. It's essential to grasp your rights and steps involved when engaging with HMRC during a tax investigation.