Tax Evasion Solicitors in London
Updated on Tuesday 14th May 2019
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A clear distinction is made between tax evasion and tax avoidance, although, a small step separates both. If tax avoidance is legal, tax evasion is illegal, the latter being a method used by numerous entrepreneurs who do not want to pay the taxes. Numerous tax schemes have been developed in the past decades, affecting countries worldwide, including the UK. If you have been accused of tax evasion and you need legal advice in this sense, we recommend you to get in touch with our tax evasion solicitors in London. It is mandatory to have the support of our criminal defence solicitors in London and to get rid of such serious accusations.
The meaning of tax evasion
Escaping tax liability is often the starting point of tax evasion, and that because it is illegal in UK. In most of the cases, tax evasion involves well-developed schemes and high net worth investors who, if caught, can face life imprisonment. A tax evasion scheme might involve, in numerous cases, false tax declarations about the profits in the firm or overstating deductions. Failing to prevent the facilitation of tax evasion is a serious offence in UK, and persons accused of such crimes should seek immediate legal advice from our tax evasion solicitors in London. The support of our criminal defence lawyers in London starts with complete verification of the case which in most cases will involve the company’s accountants.
What is a tax inspection?
Because skipping tax liability is a serious phenomenon, the authorities continue to fight against it through several methods, among which, tax inspections performed by Her Majesty’s Revenue and Customs or HMRC. In this case, companies or taxpayers found in the attention of the authorities are verified for specific periods of time, particularly if it is believed that such firms might be subject to tax evasion. Varied experts in tax fraud can commence company verifications alongside accountants, working closely on the financial situation regarding the taxes which need to be paid. It is important to know that tax penalties can be extremely high, in many cases reaching 100%. If you have been accused of tax evasion and if you are in the attention of the authorities in this matter, we recommend you talk to our tax evasion solicitors in London and ask for immediate legal advice. We remind that harsh penalties are issued for taxpayers skipping tax liabilities in UK, and severe cases can lead to life imprisonment.
Frauds by tax evasion in UK
Tax evasion is considered a serious fraud, and in most cases, a serious attack with the purpose of deceiving HMRC. Here are a few facts to consider about tax evasion:
- Evading tax obligations in UK as a local or foreign investor is considered a serious crime.
- Tax investigations are normally introduced before any accusation is made.
- The VAT and the corporate tax are among the most frauded tax obligations in UK.
- HMRC has a tax evasion experts who can intervene in suspicion of financial frauds.
Seeking legal advice is definitely needed if accusations of tax evasion have been brought. Do not hesitate to talk to our tax evasion solicitors in London for complete details and legal advice in this matter.
How can a criminal solicitor in London help?
While the tax avoidance in UK is legal, tax evasion is a serious fraud for which you need to solicit the support of a criminal defence lawyer in London. There are numerous business sectors where tax evasion is discovered and persons accused of such crimes should know that our tax evasion solicitors in London can help:
- Complete expert legal advice is offered by our tax evasion solicitors in London.
- All the circumstances are verified in detail in order to create a defence strategy.
- The experience in negotiation will weigh much in a tax evasion case.
- A meticulous approach in your case can lead to positive results and drop-off charges.
There is no need to worry about the legal support provided by our team or criminal defence lawyers in London because our advisors have wide-ranging experience in tax evasion cases where the consequences are severe and can lead to many years of imprisonment. No matter if you are a small, medium or a large entrepreneur accused of the avoidance of tax liability in UK, you should know that you have rights which can be entirely explained by our team of criminal defence solicitors in London.
For support in fraud investigations and related matters, please feel free to get in touch with our team of criminal defence solicitors in London, and especially with our tax evasion solicitors in London.