Mitigating and Managing HMRC Investigations for HNW Private Clients

Registration
9:00

Chairpersons’ Opening Remarks
9:30

HMRC Perspective: Insights into HNW Investigations
9:40

• Focus areas for 2023
• Recent experience and expectations
• Global exchange of information

Protecting Your Client and Knowing the Limits
10:20

• Red Alert – The first 72 hours after an investigation is launched
• What Can HMRC See
• Where do they Source their Information
• Where are we post-Tooth
• HMRC Campaigns e.g. R&D Relief
• Income from influencers
• Crypto and Digital Assets

Networking & Refreshment Break
11:00

Managing the Scrutiny in Sports Personality Investigations
11:20

• Contractual scrutiny
• Achieving a “fair outcome”
• Agent fees & image rights
• Income allocation within the UK
• International context – Do UK tax laws draw international sport stars

Addressing Reputation Protection, Management and Other Resulting Challenges
12:00

• Managing your client’s media footprint
• Addressing reputation vulnerabilities
• Contingency plans should worse come to worst

Networking & Lunch
12:45

Interactive Workshop: Tackling and Resolving Challenges in an HMRC Investigation
13:55

During this interactive element of the agenda, attendees will split into moderated groups to discuss the different areas of law that can be impacted as a result of HMRC High Net Worth Investigations. Following the discussion, attendees will reconvene to hear group moderators report back on key discussion points and conclusions.

• Breakout Group A: Family Law
• Breakout Group B: Offshore Structuring
• Breakout Group C: Tax
• Breakout Group D: Litigation Management

Networking & Refreshment Break
15:20

Global Mobility for HNW Individuals
15:40

• Attractive jurisdictions for UHNW Individuals
• Competitive Tax Systems
• Double Tax Treaties
• Transparency around residency rules

Examining the Increase in Domicile Enquiries, Disputes and their Management
16:20

• Management of complex domicile enquiries
• Managing information flow
• Understanding parameters of HMRC Powers
• Handling clients

Considering the Outcomes a Change in Political Landscape May Bring for HNW Individuals
17:00

• Key objectives of a future government 
• How to achieve these objectives – political vs economic arguments

Chair Summations and Close of Conference
17:30