This week’s opinion
Posted by mostafa on 26 January, 2016
No comments yet
This item was filled under Tax
By:
The question of whether a tax return is final ought to be a straightforward matter. The self-assessment system was specifically designed to give finality. HMRC had an unrestricted power to enquire into a return within a specified time limit. Outside that limit, the balance shifted to the taxpayer: HMRC’s right to assess was restricted to cases of fraud or neglect …