HMRC has opened a discovery assessment under s29 for client (an always higher rate taxpayer and at the additional rate since 11/12). Reason is non-declaration of small pension income resulting in £321 tax underpayment in 2009/10 alone. My query is to do with the fact that the income has not been declared in previous years either nor in 2010/11 (which is not closed yet). What do you advise that the client does and how far back do you go? Anyone had similar experience? Many thanks.
18th Sep 2012
2
What do you advise if s.29 discovery enquiry for higher -rate taxpayer if ....
What do you advise if s.29 discovery enquiry...