PAGE 104(OT NOTES) SIR I M NOT UNDERSTANDING IT .. PLZ HELP ME
c) A discovery assessment can only be made if:
HMRC could not reasonably be expected to have been aware of a loss of tax and are supplied with information to draw their
attention to a contentious matter such as the use of a valuation or estimate.
Ask the Tutor ACCA TX-UK
issue related to chapter 15 (some lines from discovery assessments)..
This is such a small issue it really is not worth your concern if you do not understand the form of words used - you should focus on the core computational aspects of each of the taxes - it is those core issues that will decide whether you pass or fail!
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