KEY POINTS
- The new CAP 1 proposals on getting advice from HMRC for non-business customers.
- Situations in which HMRC will and will not reply to a request for advice.
- Note that HMRC require specific information to enable advice to be given.
- Don’t overlook the possibility of a statutory ruling.
- Is this service well known or effectively restricted to large businesses and the well-advised?
On 31 October 2011 following a short informal consultation from 30 June to 1 August HMRC introduced new procedures for providing non-statutory rulings to non-business users on non-business tax issues.
This gives us an excuse to look more widely at the availability of non-statutory rulings or clearances from HMRC – for both business and non-business taxpayers.
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Please reach out to customer services at +44 (0) 330 161 1234 or 'customer.services@lexisnexis.co.uk' for further assistance.