RevenueOne of the most controversial parts of the Proceeds of Crime Act allows the Serious Organised Crime Agency (SOCA) to take over “general revenue functions”, allowing SOCA to carry out the role of tax collection and recover tax due, for example, from profitable criminal activity. There is no requirement of a criminal conviction; an alleged drug dealer may be taxed on his profits even where no criminal charges are brought.

These proceedings are specialist in nature and are frequently misunderstood by practitioners, or are left with accountants to deal with. Early involvement of legal advisors is essential in order to ensure not only the best possible outcome, but to ensure that material provided during such investigations does not prejudice clients and lead to prosecutions for related offences such as money laundering.

Our experienced team of lawyers has successfully challenged revenue assessments and negotiated settlements. We have been involved in some of the first and leading cases concerning the challenging of tax demands received under this power before the Special Commissioners and the High Court. We work with forensic accountants and other experts whose input is often essential in cases of this type.