Grasping HMRC Code of Practice 9 (COP9)
HMRC Code of Practice 9 outlines a structure for how taxpayers should interact with HMRC in the course of an inquiry. It sets expectations for both parties, promoting a fair and open process. Compliance to COP9 can reduce the potential for fines. It's essential for comprehend your obligations and steps involved when dealing with HMRC during a tax d