83 yo client having a clearout and has come across a chargeable event certificate from 2004/5 which I didn't see when preparing her SAR for that year. Although she is not anywhere near higher rate it does affect the age allowance that she is due for that year and a further £123 tax is due.
1) Fess up (phone 0977-0000001)
2) Advise, let sleeping dogs lie. (phone 0977-0000002)
Callls cost £30 per min, calls from mobile phones may be higher
Replies (8)
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Write a nice letter to HMRC
You will have done your duty and HMRC are unlikely to take any action to collect in view of the amount, at least on the basis of their recent practice as it would not be cost effective. So everyone will have a clear conscience and no cheque should be required of the client.
what a lovely lady to volunteer
if i can recognise anything at that age let alone be still going i shall be very dissappointed and surprised. i would do nothing on the grounds of common sense
I'm by the book
but also find that older clients worry about things if they are not cleared up, whether tax or anything else involving money.
Just write a letter to HMRC
but make it brief just stating that these was a chargeable event that was not included on the tax return and that you estimate the further liabiilty to be £123. (Actually, you have no choice, if you don't then you are colluding in a money-laundering offence.)
Send it to HMRC by recorded delivery so that you have proof they have been informed of this.
I would be very, very surprised if you ever got a reply!
Missread your options
I thought you wrote "Fees up" not "Fess up", so that's what I voted for.
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I would be very, very surprised if you ever got a reply!
Posted by nigelburge on Sat, 18/12/2010 - 11:54
It will be Easter before they even open the letter :)