What HMRC is likely to ask
There’s a pretty standard set of questions that the inspector will ask at interview. These are mostly designed to undermine the records you’ve kept and so allow them to make a demand for tax on missing income/profits or over-claimed expenses. So how should you prepare for such an interview?
Guidelines
If you attend an interview, the inspector should start by explaining that they will ask questions and take notes on your answers. It’s best to answer all questions truthfully but not to elaborate. If the inspector wants the detail they can ask. Use our guide to What HMRC is Likely to Ask to help prepare for your interview.
Related Topics
-
Deadline to pay Class 1B NI
-
Do you need to pay tax on loyalty points and cashback?
You’ve been making business purchases on your personal credit card and reaping the rewards in the form of airmiles and cashback. What, if anything, do you need to do to keep on the right side of HMRC?
-
Welsh government plans to tweak relief for buyers
The draft Welsh Budget 2026/27 confirmed there would be no changes in the rates of land transaction tax. However, it did reveal some related changes are being planned. What’s the full story?