| Home > Tax News > Capital Taxes > Trusts: HMRC withdraw acknowledgement letters |
Trusts: HMRC withdraw acknowledgement letters |
 |
 |
|
HMRC Trusts department has advised that the letters formerly issued to acknowledge that a return has been processed without needing to repair or amend it, have been withdrawn. HMRC Trusts have until now sent an acknowledgement letter to agents following the processing of a paper return where the taxpayer has self-calculated their liability and they had no reason at that stage to revise the calculation. The wording on the acknowledgement letter read, 'Your client’s trust tax return for the year 2007-2008 has been processed without any revision'. In future, HMRC Trusts will no longer issue a letter following the processing of a return where they had no reason to revise the calculation. This will bring HMRC Trusts into line with the rest of HMRC processing.
|
|
|
About The Author  Sarah Laing Sarah is a Chartered Tax Adviser. She has been writing professionally since joining CCH Editions in 1998 as a Senior Technical Editor, contributing to a range of highly regarded publications including the British Tax Reporter, Taxes - The Weekly Tax News, the Red & Green legislation volumes, Hardman's, International Tax Agreements and many others. She became Publishing Manager for the tax and accounting portfolio in 2001 and later went on to help run CCH Seminars (including ABG Courses and Conferences). Sarah originally worked for the Inland Revenue in Newbury and Swindon Tax Offices, before moving out into practice in 1991. She has worked for both small and Big 5 firms. She now works as a freelance author providing technical writing services for the tax and accountancy profession. |
|
|
Article Added Monday, 29 June 2009 |
|
Tax Insider Lite
Each month our tax experts reveal FREE tax strategies to help minimise your taxes. Get Tax Insider Lite:
Tax Books
BOOK OF THE WEEK
Trusts & Estates 2010/11
BOOK OF THE MONTH
British Tax Guide: Capital Gains Tax 2010-11
PROUDLY SUPPORTING
