New queries, issue 4208

02 June 2009

Issue: 4208 / Categories: Forum & Feedback

Too late for an enquiry into SA tax return?; extent to which churches can claim gift aid; CGT on property sale; claiming entrepreneurs’ relief

A matter of timing

One of my clients has received a letter dated May 2009 from HMRC with regard to his self assessment tax return for the year end 5 April 2007.

The letter states that the £1 900 bank and building society interest shown as received on his return is substantially less than their information that the figure should be in excess of £4 000.

HMRC have now invited my client to complete a form stating that he either agrees or disagrees with the figures and if he does agree explain the reason for such a difference with a one paragraph space for an explanation.

I have not as yet discussed this with my client. The 2006/07 return was filed within the normal filing limits so the deadline for an enquiry would surely be 31 January 2009. HMRC now appear to be launching an enquiry...

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