COMPREHENDING HMRC'S CODE ABOUT PRACTICE 9 (COP9)

HMRC's Code of Practice 9 (COP9) outlines the guidelines for how companies can successfully resolve tax issues with HMRC. It provides a detailed process for addressing these cases, aiming to secure fair and just outcomes for every parties involved. Key elements of COP9 include: Interaction with HMRC through formal channels. Timeframes for settle