Mark McLaughlin looks at how many prior years HMRC information notices can potentially stretch.
Information notices are an important and frequently-used weapon in HMRC’s vast array of compliance powers.
HMRC have powers to obtain information and documents, and can issue an information notice requiring the taxpayer to provide information or produce a document if it is ‘reasonably required’ to check the taxpayer’s tax position (FA 2008, Sch 36, para 1).
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