Aileen Barry gives advice on the efficient and successful management of tax investigations
How can you make tax investigations as efficient and painless as possible for your client?
The notification
HMRC is fairly efficient at observing the timescale for opening enquiries into self assessment returns and the necessary formalities for Tribunal authorisation to issue statutory information notices. Nevertheless it does pay to check the dates the period(s) involved and the precise documentation or information sought. If HMRC has been at fault and the notification is deficient they can generally issue a revised notice or visit/revisit the Tribunal so it pays to be moderate when pointing out the failure — this will earn goodwill.
Notification of an investigation may be heralded by an information notice under FA 2008 Sch 36 para 5 previously TMA 1970 s 20(1). When issued to the taxpayer this signified...
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Aileen Barry gives advice on the efficient and successful management of tax investigations
How can you make tax investigations as efficient and painless as possible for your client?
The notification
HMRC is fairly efficient at observing the timescale for opening enquiries into self assessment returns and the necessary formalities for Tribunal authorisation to issue statutory information notices. Nevertheless it does pay to check the dates the period(s) involved and the precise documentation or information sought. If HMRC has been at fault and the notification is deficient they can generally issue a revised notice or visit/revisit the Tribunal so it pays to be moderate when pointing out the failure — this will earn goodwill.
Notification of an investigation may be heralded by an information notice under FA 2008 Sch 36 para 5 previously TMA 1970 s 20(1). When issued to the taxpayer this signified...
If you or your firm subscribes to Taxjournal.com, please click the login box below:
If you do not subscribe but are a registered user, please enter your details in the following boxes:
