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HMRC Compliance checks when return is late

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA TX-UK Exams › HMRC Compliance checks when return is late

  • This topic has 1 reply, 2 voices, and was last updated 3 years ago by AvatarJillyB.
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  • August 28, 2022 at 12:50 pm #664510
    Avatarguyver101
    Participant
    • Topics: 33
    • Replies: 27
    • ☆☆

    On page 129 of the notes (compliance checks for companies), under 5 b: if filed late then HMRC can serve written notice based on the quarter in which it was actually filed.

    On page 98 for individuals, it doesn’t have this same rule, but my BPP study text does.

    Can you confirm if the notice for both individuals and companies is the same please. Many Thanks

    August 29, 2022 at 1:07 pm #664588
    AvatarJillyB
    Participant
    • Topics: 0
    • Replies: 899
    • ☆☆☆☆

    The HMRC can enquire within 12 months for both individuals and companies (ignore the rule for quarters for companies)

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