Chapter 8: Sole trader and partnerships Tax administration

Question 1

Paper Returns - notice to file

Answer 1

If the Notice to file is issued after 31 July following the end of the tax year, the filing date is 3 months after the notice to deliver

Question 2

Electronic returns - notice to deliver

Answer 2

Notice is deliver is issued after 31 October following the end of the tax year, then the filing date is 3 months following the notice to deliver

Question 3

Late payment - within 30 days of due date

Answer 3

None

Question 4

What can the tax payer appeal ?

Answer 4

Penalty being charged

Amount of the penalty

A decision by HMRC not to suspend a penalty

Conditions set by HMRC in relation to the suspension of the penalty

Question 5

Enquiries from HMRC

Answer 5

if gives written notice within one year of filing date.

Work out the quarter the filing date falls into:

QE Jan, April, July, Oct

Question 6

Max penalty of non disclosure for notifying HMRC of chargeability

Answer 6

tax outstanding at 31 January following the end of the tax year