Originally posted by Scooby_Doo
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Previously on "'Tis the season to discover (that HMRC think you owe them money)"
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Originally posted by BrilloPad View PostHMRC think they are above the law!
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Originally posted by Scooby_Doo View PostThanks guys. Definitely came today. I’m in Australia which gives some excuse but the postmark on the envelope was 26th May, letter dated 7th April as I said.
I called HMRC just to see what the deal was and just got some guy basically saying to ignore dates as everything is relaxed as part of coronovirus etc and that I need to just reply by email/mail stating my situation. Didn’t even bother to look at my case.
Just waiting to talk to my current accountant now to see what they suggest.
I would certainly make sure you agree that they were out of time and no please dont ignore the dates. Its a difference between HMRC protecting and the settlement if you proceed being unprotected. No interest for unprotected. Depending on the amount and 4 years of interest it could be significant.
Still a bit shocked by the dont worry about dates comment. wow...
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Thanks guys. Definitely came today. I’m in Australia which gives some excuse but the postmark on the envelope was 26th May, letter dated 7th April as I said.
I called HMRC just to see what the deal was and just got some guy basically saying to ignore dates as everything is relaxed as part of coronovirus etc and that I need to just reply by email/mail stating my situation. Didn’t even bother to look at my case.
Just waiting to talk to my current accountant now to see what they suggest.
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Originally posted by lowpaidworker View PostOther than the year becomes Open rather than closed?
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Originally posted by DealorNoDeal View Postwebberg confirmed it above. HMRC have 4 years from the end of the tax year.
If you received loans, it doesn't really help that much if the disco is invalid, because post-2010 loans are still caught by the LC.
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Originally posted by Scooby_Doo View PostCan anyone confirm that the 5th April 2020 is definitely the deadline for 2015/16 discoveries? I've literally just received one today dated 7th April 2020 for 2015/16. Not helpful that its taken nearly 2 months in the post to get to me but my first thoughts are around the deadline.
If you received loans, it doesn't really help that much if the disco is invalid, because post-2010 loans are still caught by the LC.
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Originally posted by Scooby_Doo View PostCan anyone confirm that the 5th April 2020 is definitely the deadline for 2015/16 discoveries? I've literally just received one today dated 7th April 2020 for 2015/16. Not helpful that its taken nearly 2 months in the post to get to me but my first thoughts are around the deadline.
Hopefully someone who is in the know will come along and reply properly.
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Originally posted by DealorNoDeal View PostThe "normal" discovery window is 4 years from the end of tax year. Is that correct?
So, they've got until 5 April 2020 to discover 2015/16?
If they go back more than 4 years (2014/15 or earlier) then they may be on even thiner ice?
Can anyone confirm that the 5th April 2020 is definitely the deadline for 2015/16 discoveries? I've literally just received one today dated 7th April 2020 for 2015/16. Not helpful that its taken nearly 2 months in the post to get to me but my first thoughts are around the deadline.
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Sentence 2 of the original posts - emphasis added.
HMRC is able to access powers in TMA 1970 whereby if they have made a "discovery" (that tax has been under assessed) they can raise an assessment.
It's clear.
If HMRC consider that tax has been under assessed, they have powers to raise assessments.
If you have settled, the chance of under assessment is very low.
If you have had assessments, not appealed them and just paid, unless you have deliberately allowed a low ball assessment to stand, again a discovery assessment is a very low possibility.
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Originally posted by NickLeeson2 View PostFrom that they, I guess, they can reassess as often as they like.
Are you asking me a question ?
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Originally posted by NickLeeson2 View PostI was assessed for years 2013-2019 and paid the outstanding tax, can I now be reassessed on those years?
Even if it wasn't a formal settlement, if you've paid in full I hardly think HMRC are going to re-open the matter when they've got tens of thousands of other fish to fry (ie. those who haven't paid).Last edited by DealorNoDeal; 9 March 2020, 11:10.
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Originally posted by BolshieBastard View PostThe point being HMRC can ride roughshod over legislation if they want and, it's down to the tax payer to prove HMRC acted dishonestly \ incorrectly \ illegally, call it what you want. It will cost you money to defend your position as well and even then, HMRC will drag you through as many courts as they want.
They have a taxpayer funded money tree. You?
Are you asking me a question ?
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Originally posted by NickLeeson2 View PostLOL, do you know why/ how accountants make money?
If we all understood accountancy practices we would not ask questions. I will re-read to the full post for the one answer.
Are you known for anger management issues?
They have a taxpayer funded money tree. You?
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Originally posted by webberg View PostHave you read the above?
If we all understood accountancy practices we would not ask questions. I will re-read to the full post for the one answer.
Are you known for anger management issues?
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