Sean Wakeman

Sean Wakeman

Partner, Head of Tax Resolutions
London

I specialise in all aspects of tax investigation and dispute resolution work. I am an expert in negotiating settlements with HMRC and works in conjunction with members of the accountancy, banking and legal professions as well as trust and offshore company service providers both in the UK and overseas.

I have more than 30 years’ experience of working with individuals, trusts, businesses and companies (including offshore) to ensure they have the greatest possible protection from criminal prosecution and then to keep their tax bills to a minimum.

I write and speak widely in relation to tax investigation matters. I am a former HMRC Inspector,  although I left the equivalent of the Fraud Investigation Service in 1995 to join a Big Four firm and have headed up two different mid-tier firms since 1999. I am widely regarded by the industry as one of the top advisers in the dispute resolution arena. I am an Associate of the Chartered Institute of Taxation and a CEDR accredited mediator.

What I Do

  • Tax investigations and enquiries
  • Voluntary disclosures to HMRC
  • Contractual Disclosure Facility (COP9 investigations)
  • Worldwide Disclosure Facility
  • Negotiate settlements with HMRC
  • Penalty mitigation and suspension of penalties
  • Discovery assessments, powers to issue them and relevant time limits
  • Common Reporting Standard
  • Requirement to correct and failure to correct penalties
  • Dispute resolution
  • HMRC information powers
  • Tax avoidance disputes
  • Alternative dispute resolution
  • Tax residence and domicile issues
  • Mediation

My Clients

  • Taxpayers who need to make disclosures to HMRC
  • Anyone accused of tax fraud
  • Individuals who are under self-assessment enquiry
  • High net worth individuals, the self-employed, partners and those with tax residence/domicile issues
  • Directors and shareholders with regard to company issues
  • Trustees, settlors or beneficiaries of offshore/UK trusts with tax issues
  • Taxpayers with overseas assets or structures that need to be reviewed from a UK tax perspective
  • Other accountants and solicitors who require specialist tax support