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Introduction

There is an obvious need for officers of HMRC to have certain powers to obtain information in order to verify the accuracy of traders' returns and set up an 'audit trail' from one set of accounts to another. HMRC has a number of statutory sources of information, including suppliers and their customers, and competent authorities in EU member states.

Information notices

HMRC may require¹ certain persons to provide information or produce a document regarding their own, or another person's, tax position as regards any tax, including the person's position as regards:²

1. Ìý

   •ÌýÌýÌýÌý past, present and future liability to pay any tax,

2. Ìý

   •ÌýÌýÌýÌý penalties and other amounts that have been paid, or are or may be payable, by or to the person in connection with any tax, and

3. Ìý

   •ÌýÌýÌýÌý claims, elections, applications and notices that have been or may be made or given in connection with the person's liability to pay any tax

The information is obtained by issuing the appropriate