Does your client have to provide HMRC with documentation?
Clients and taxpayers may be nervous about handing over documents to HMRC. Will they explain everything, or will it just provoke even more questions?
How much nudging is going on?
HMRC have issued their figures on the amount of nudge letters they are sending to taxpayers and the criminal cases underway.
Increased HMRC activity around investing or trading in property
It is important for tax purposes to establish from the outset whether taxpayers are investing in property or trading in property as the tax treatment can vary significantly.