|Published||9 November 2023|
|Suitable for||Tax advisers|
|Price||£90 (or see bundle discounts)|
The discovery assessment rules allow HMRC to raise an assessment up to 20 years after the end of the relevant tax year, vastly extending the normal four-year time limit (or six-year limit where there has been careless conduct).
As cutbacks at HMRC mean that fewer enquiries are being pursued, HMRC are increasingly relying on their powers to make discovery assessments. Frequently, however, HMRC overlook (and often fail even to mention) the statutory safeguards that are intended to protect taxpayers from challenges outside a formal self-assessment enquiry. It is only with a clear guide to the extent of HMRC’s powers that advisers can ensure that they protect their clients from inappropriate challenges.
The rules have been subject to considerable scrutiny by the tax tribunals, and the author of this title has been involved in many of the leading cases. His book provides tax advisers with a clear and comprehensive guide to the rules concerning discovery assessments and contains much practical advice explaining how such assessments may be challenged.
“An essential guide for any practitioner acting in cases involving discovery assessments, both scholarly and practical.” – TAXline review of first edition