HMRC investigations into big business can take four years to complete
Analysis conducted by Pinsent Masons shows that that HMRC closed 1,986 investigations into big businesses last year, down by 21% from the 2,528 cases is closed in 2018/19
HMRC’s enquiries into big businesses’ tax affairs have been open for an average of 45 months, up from 43 months last year, as the tax authority “struggles to clear a backlog of complex tax disputes”, says multinational law firm Pinsent Masons.