our firm had a visit from HMRC this am in respect of a client and VAT fraud. They've taken the clients records. i'm wondering where our liability as a firm (or even as individuals) will lie in respect of this.
We've only prepared the accounts and VAT in good faith based on the records provided to us. When the client has received pro forma invoices we have exlcuded them and requested proper VAT invoices. When the client has told us VAT invoices have not been paid after six months we've amended returns to repay the VAT or make a voluntary disclosure.
We've only ever had compliance checks previously and not an investigation of this nature so any advice on how to handle this would be welcome.
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