Edge EBT thread

[slatt]

They will only be able to issue an APN where there is an open enquiry, assessment or pending appeal.

Thanks DR

I only worry that seeing as HMRC are basically being given carte blanche to do whatever they think is right, how likely would you say it is for them to stick to those limits?

We're unable to appeal any of the APNs, so what's to stop them from issuing them to all and sundry?

Or am I being overly pessimistic

[slatt]

Sorry, ignore my last post, you answered it in your response to ChimpMaster!

[DonkeyRhubarb]

I think it's unlikely HMRC would start issuing DAs carte blanche contrary to the 6-year rule.

The person I know of received a DA late last year for 2006/7. They've appealed against it but the outcome can only be determined by a tribunal.

[edgeebt]

Could one use a CTD to pay the APN?

[DonkeyRhubarb]

Could one use a CTD to pay the APN?

That is an interesting question, and one that HMRC themselves may not have considered.

A CTD stops interest accruing.

If you used it to pay an APN then HMRC would somehow have to reduce the amount of interest on your account for the period you held the CTD.

Their systems may not be able to handle this.

[lfcynwa]

Sorry TLA time again

CTD?

[DonkeyRhubarb]

CTD?

HM Revenue & Customs: The Certificate of Tax Deposit scheme

"You can make a tax deposit to be held against a tax liability that is under investigation by HMRC. Using a deposit in this way can help stop late payment interest accruing on the amount owed while it's under investigation."

[Living life on the Edge]

HM Revenue & Customs: The Certificate of Tax Deposit scheme

"You can make a tax deposit to be held against a tax liability that is under investigation by HMRC. Using a deposit in this way can help stop late payment interest accruing on the amount owed while it's under investigation."

Or 'Can pay but would rather not'

p.s. before I get complaints from the grammar police, I know it isn't really an acronym, but it's the best I could do after a couple of glasses of Hardys Shiraz

[Living life on the Edge]

Or 'Can pay but would rather not'

p.s. before I get complaints from the grammar police, I know it isn't really an acronym, but it's the best I could do after a couple of glasses of Hardys Shiraz

Or

Choosing to Demur

[CanPayButWouldRatherNot]

Or 'Can pay but would rather not'

p.s. before I get complaints from the grammar police, I know it isn't really an acronym, but it's the best I could do after a couple of glasses of Hardys Shiraz

Well I liked it