Newth Talks Tax - Tax writer of the year John Newth solves your tax questions

Kashflow logo
Share this content

**For more of John Newth's exclusive contributions, visit the Newthwire archive***

Handling the inspector

Paul Evans explained, in his query of 30 August 2006, that he had had a tax investigation running for two years. This was mainly due to missing building society statements. When the statements did appear, there were unexplained bankings of around 6,500, together with car sale proceeds and board/lodging payments received from the clients son. The client was informed that any unexplained income would have to be assessed and probably extrapolated back over several years.

The inspector admitted that Pauls latest letter had sat on his desk for six weeks. When he did reply it was to the effect that the stated net income had been uplif...

Please Login or Register to read the full article

The full article is available to registered members only. To read the rest of this article you’ll need to login or register. Registration is FREE and allows you to view all content, ask questions, comment and much more.

About AccountingWEB


Please login or register to join the discussion.

There are currently no replies, be the first to post a reply.