Contractual disclosure facility (CDF) ― the role of the agent

Produced by Tolley in association with

Owner-Managed Businesses

Guidance

Introduction

HMRC’s regime for handling serious fraud cases is called the contractual disclosure facility (CDF). Code of Practice 9 (COP 9, also known as Code 9) governs how HMRC investigates suspected fraud and sets out the rules and conditions of the CDF policy.

It is recommended you read the Contractual disclosure facility (CDF) guidance note to familiarise yourself with the regime.

This guidance note discusses the role of the agent in assisting the individual who is offered the opportunity to participate in the CDF and is sent a copy of COP 9.

If a form 64-8 or form COMP1 is registered with HMRC, then the agent will receive a copy of the opening letter sent by HMRC to their client.

Where does the agent start?

It may seem obvious, but the first step is to record the date the opening letter, containing the CDF offer and a copy of COP 9, is received. The client only has 60 days from receiving the offer to make

Access this article and thousands of others like it
free for 7 days with a trial of Tolley+™ Guidance.

TAKE A FREE TRIAL

Guy Smith

Popular Articles

Value Added Tax

Exporting goods ― proof of export

Exporting goods ― proof of exportIn addition to the requirements laid down in the Exporting goods ― overview guidance note, businesses intending to zero-rate exported goods must hold satisfactory evidence that the goods have been delivered to a destination outside of the UK. If satisfactory evidence

15 Dec 2020 14:02 | Produced by Tolley Read more

Trusts and Inheritance Tax

Payments to trust beneficiaries

Payments to trust beneficiariesThis guidance note considers the trustees powers to make payments and whether the payment made is income or capital.This guidance note is designed to give outline and background for accountants and tax advisers who deal with clients establishing trusts. It is not

14 Jul 2020 12:52 | Produced by Tolley Read more

Employment Tax

Classes of NIC and who pays them

Classes of NIC and who pays themClass 1 NICClass 1 NIC is payable on earnings paid to an employed worker which derive from, or are treated as deriving from, an employed earner’s employment in the UK. There are two kinds of Class 1 NIC, primary contributions for which the employee is liable and

14 Jul 2020 11:13 | Produced by Tolley in association with Jim Yuill at The Yuill Consultancy Read more

Brexit

��Ӱ��