Good morning all, please note:-
HMRC Tax Returns
It’s your client’s responsibility to establish and consider the relevant facts and correct legal treatment before you file the tax return.
In the Upper Tribunal case Revenue and Customs v John Hicks: [2020] UKUT 12 (TCC), the judge said, “…a taxpayer making a self-assessment must take care to get the assessment right. He must take care to get it right both as to matters of fact and matters of law.”
Your tax return must reflect both:
- all facts that you know are relevant (wholly or in part) to arriving at an amount subject to a tax or duty
- views of the law that are correct to the best of your knowledge.
You should do both of the following as part of taking care your return is correct and complete:
- use all proper sources of information
- take all steps a prudent and reasonable person in your position would take
More details can be found at Help ensuring documents filed with HMRC are correct and complete — GfC13 – GOV.UK
Kind regards,
Howard Gross BFP FCA FCCA CTA
Director
