HMRC is to speed up its processes for dealing with requests from businesses to make coronavirus-related changes to their partial exemption special methods. Revenue & Customs Brief 4/2021 announces that HMRC will consider and, where appropriate, swiftly approve requests for temporary changes and outlines the process for requesting changes.
Where HMRC is satisfied that the aim of the proposal is to address coronavirus issues only, in order to facilitate a quick decision HMRC will restrict its enquiries into how the proposal addresses those issues. Where HMRC perceives a risk that the accelerated process is being used to increase recovery for businesses whose activities have not been directly affected by coronavirus, ‘normal scrutiny’ will be applied.
HMRC is to speed up its processes for dealing with requests from businesses to make coronavirus-related changes to their partial exemption special methods. Revenue & Customs Brief 4/2021 announces that HMRC will consider and, where appropriate, swiftly approve requests for temporary changes and outlines the process for requesting changes.
Where HMRC is satisfied that the aim of the proposal is to address coronavirus issues only, in order to facilitate a quick decision HMRC will restrict its enquiries into how the proposal addresses those issues. Where HMRC perceives a risk that the accelerated process is being used to increase recovery for businesses whose activities have not been directly affected by coronavirus, ‘normal scrutiny’ will be applied.
