HMRC has begun issuing ‘simple assessments’ in the form of a tax calculation (P800) or simple assessment letter (PA302), to certain new state pensioners and PAYE taxpayers with underpayments which can’t be coded out.
Revenue Scotland collected over £630 million in devolved taxes during 2016/17, according to the latest report and accounts. This is £61 million more than in 2015/16.
The Solicitors Regulation Authority (SRA) has published a warning notice about the perils of being seen to facilitate aggressive tax avoidance.
HMRC has published the following:
Was a scheme notifiable?
Identifying the supply for which consideration has been paid
Power of the FTT to reconsider a decision in principle