The number of ‘plea bargain’ type-agreements HMRC entered into with UK taxpayers has fallen for the second year in a row, according to figures obtained by law firm Pinsent Masons.
Taxpayers can apply under HMRC’s contractual disclosure facility for immunity from prosecution for tax avoidance if they meet certain conditions, including agreeing to pay back any tax and penalties owed. HMRC grants applications on a case-by-case basis.
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