HMRC has updated its guidance Stamp duty land tax online and paper returns to add information on checks, repayments and paying back amounts that are not due. The guidance notes that HMRC will make a refund payment without checking eligibility in order to process refunds more quickly. This means that, even after a repayment has been made, HMRC will not have agreed that the refund is due and will have up to nine months to make a compliance check on the amended return or claim. If a taxpayer receives a repayment where the amount claimed was not due, the taxpayer must repay it along with any interest and/or penalties.
HMRC has updated its guidance Stamp duty land tax online and paper returns to add information on checks, repayments and paying back amounts that are not due. The guidance notes that HMRC will make a refund payment without checking eligibility in order to process refunds more quickly. This means that, even after a repayment has been made, HMRC will not have agreed that the refund is due and will have up to nine months to make a compliance check on the amended return or claim. If a taxpayer receives a repayment where the amount claimed was not due, the taxpayer must repay it along with any interest and/or penalties.
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