Originally posted by Loan Ranger
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HMRC seem to be leaning towards a situation in which the declaration of the loans is "part of the SATR". There are some timing issues there as the SATR is not due until 31/1/20 which is when the charge is meant to be paid. However the declaration is due no later than 30/9/19.
If that is the case however, then everybody gets a "statement" of their SA position and if that shows tax due, it's referred to DMB.
Leaving the loan detail off the return or missing the deadline (and ignoring penalties for doing so) may not help if HMRC use their powers to "amend the return and issue a statement".
Appealing a statement is not really possible.
Appealing a statement arising from an HMRC amendment might be.
A proper assessment usually is subject to appeal.
Clear as mud I'm afraid.
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