Self Assessment Question
Discussion
Eric Mc said:
The point I made is that HMRC are quite happy to ignore their own regulations when it suits them. They are far less happy if a taxpayer chooses to ignore the regulations.
There is no specific mention in the Self Assessment regulations about HMRC correcting errors over the phone. It's become a modus operandi for them which they chose to use now and then.
HMRC does a lot outside the regulations, regulations that they themselves have created. Some of it is even codified in their Extra Statutory Concessions. It's the non-codified techniques that are a bit worrying because it leads to inconsistency and uncertainty.
I believe their are legal powers allowing them to make amendments - as and when I will try and dig out the reference.There is no specific mention in the Self Assessment regulations about HMRC correcting errors over the phone. It's become a modus operandi for them which they chose to use now and then.
HMRC does a lot outside the regulations, regulations that they themselves have created. Some of it is even codified in their Extra Statutory Concessions. It's the non-codified techniques that are a bit worrying because it leads to inconsistency and uncertainty.
There are certainly regs for accepting changes to a tax code via the phone.
David
Eric Mc said:
I'll let you do the digging. You obviously have time on your hands.
Not as much as you judging by your post count...As a matter of fact, I have just finished today after a 7-30 am start with a total of 45 minutes break for walking the dogs and some supper. (lunch is for wimps). I make that 15 hours approx.
D
sumo69 said:
Not as much as you judging by your post count...
As a matter of fact, I have just finished today after a 7-30 am start with a total of 45 minutes break for walking the dogs and some supper. (lunch is for wimps). I make that 15 hours approx.
D
Walking the dog?As a matter of fact, I have just finished today after a 7-30 am start with a total of 45 minutes break for walking the dogs and some supper. (lunch is for wimps). I make that 15 hours approx.
D
He should be helping you with the tax returns.
GT03ROB said:
The more complex & cumbersome they make the system, the more the pragmatic approach is needed though.
And by golly it is cumbersome and complex! Hence their enthusiasm to put more and more of the work onto employers, investment houses, banks, pension providers etc. Quite simply, the system is too complex for most of HMRC's own people to understand.I'd love to know what they do with all those CGT calculation sheets taxpayers now have to submit!
But we do know they have a very big computer and are quite good at using it to find "funnies" in your return.
Eric Mc said:
I'll let you do the digging. You obviously have time on your hands.
Corrections of errors or omissions in the tax returnSection 9ZB TMA
An officer of the Board may amend a tax return to correct any 'obvious errors or omissions in the return' at any time during the nine months following the date on which the completed tax return was filed with HMRC. Amendments may be made to correct arithmetic mistakes, or errors of principle, or other errors. An officer may also amend the return to correct 'anything else in the return that the officer has reason to believe is incorrect in the light of information available to the officer'. These corrections are made whether they increase or reduce the tax due. Where there is an increase in tax, penalties can arise if the inaccuracy in the tax return is shown to be careless or deliberate.
If an error is not corrected within this nine-month period it cannot be corrected by HMRC unless a formal enquiry is opened into the tax return.
Where a taxpayer disagrees with a correction made by an officer of the Board he or she is entitled to reject the correction by notice within 30 days of receiving the correction. In such cases HMRC could only pursue the matter by means of a formal enquiry.
David
sumo69 said:
Eric Mc said:
I'll let you do the digging. You obviously have time on your hands.
Corrections of errors or omissions in the tax returnSection 9ZB TMA
An officer of the Board may amend a tax return to correct any 'obvious errors or omissions in the return' at any time during the nine months following the date on which the completed tax return was filed with HMRC. Amendments may be made to correct arithmetic mistakes, or errors of principle, or other errors. An officer may also amend the return to correct 'anything else in the return that the officer has reason to believe is incorrect in the light of information available to the officer'. These corrections are made whether they increase or reduce the tax due. Where there is an increase in tax, penalties can arise if the inaccuracy in the tax return is shown to be careless or deliberate.
If an error is not corrected within this nine-month period it cannot be corrected by HMRC unless a formal enquiry is opened into the tax return.
Where a taxpayer disagrees with a correction made by an officer of the Board he or she is entitled to reject the correction by notice within 30 days of receiving the correction. In such cases HMRC could only pursue the matter by means of a formal enquiry.
David
Well done for digging it out though.
sumo69 said:
Eric Mc said:
I'm always happy for someone else to do the research
I don't mind getting something wrong if it prompts someone else to come back with the correct data.
Too right - you are keeping me fully utilised. It's not like I have anything to do at this time of year... :>)I don't mind getting something wrong if it prompts someone else to come back with the correct data.
D
I'll think of a few more areas where you can do some checking for me over the next few days.
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