Grasping HMRC Code of Practice 9 (COP9)
HMRC Code of Practice 9 outlines a guideline for how businesses should interact with HMRC during an assessment. It sets guidelines for both parties, promoting a fair and clear process. Adherence to COP9 can mitigate the likelihood of sanctions. It's essential to grasp your obligations and steps involved when engaging with HMRC during a tax inquiry.