A Code of Practice 8 (COP8) Investigation is a formal process initiated by HMRC (Her Majesty’s Revenue and Customs) to examine cases involving suspected tax avoidance, complex tax arrangements, or significant underpayments of tax. Unlike more serious investigations, such as those under COP9, COP8 is generally applied in situations where HMRC identifies potential errors or avoidance but does not suspect outright fraud. These investigations are typically conducted by HMRC’s Specialist Investigations Unit and focus on high-value or complex tax matters, including disputed tax relief claims, offshore tax arrangements, transfer pricing issues, and intricate business structures or transactions.
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