A question of self assessment by Simon Sweetman
The self assessment season is in full swing. But what happens when an unrepresented taxpayer makes a major error on his return that is not picked up for several years? Simon Sweetman gives us an example of the self assessment system at its worst.
HMRC – I think we all know this – uses a system of self assessment. Why was this introduced ? Because it saves money (and forget any guff about empowerment or whatever, it saves money).
So a taxpayer completes his or her tax return and sends it in.