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Where Taxpayers and Advisers Meet

CGT 30 day form

etf
Posts: 694
Joined: Mon Nov 02, 2009 5:25 pm

Re: CGT 30 day form

Postby etf » Fri Jul 31, 2020 11:18 am

My name for him too :D since a third article exploring those freedom of information statistics has not yet materialised. I live in hope that someone with influence viz professional body, the people HMRC pay to ensure the Taxpayer Charter rules are followed, previously 5* ranking jounalists etc wake up and smell the coffee.

AnthonyR
Posts: 321
Joined: Wed Feb 08, 2017 2:33 pm

Re: CGT 30 day form

Postby AnthonyR » Tue Aug 11, 2020 10:49 am

Just an update on this, after speaking with HMRC technical I was advised to write to HMRC giving details of the client who is looking to make the second report. I did so.

6 weeks later I've still heard nothing back and we're now outside of the penalty free soft landing zone, so this probably means that she's in line for penalties which I'll need to appeal wasting more time for everyone.
Anthony Rogers LLB CTA TEP
Fusion Partners LLP
anthony@fusionpartners.co.uk

etf
Posts: 694
Joined: Mon Nov 02, 2009 5:25 pm

Re: CGT 30 day form

Postby etf » Tue Aug 11, 2020 3:22 pm

It took nearly 30 mins yesterday for someone to answer my telephone call, with a 2-3 day call back estimate which will inevitably materialise the minute I set foot outside and so I'll have to start the process again with another 30 minute wait. Perhaps with all these people becoming unemployed, Blofeld should look at HMRC staffing levels.

I suggest you issue a £1,600 late response penalty to HMRC and see how they react. 30 days is ample time to deal with anything....even if you live in a Borneo rain forest

etf
Posts: 694
Joined: Mon Nov 02, 2009 5:25 pm

Re: CGT 30 day form

Postby etf » Sun Aug 16, 2020 2:44 pm

cStill no call back received. Perhaps all HMR

etf
Posts: 694
Joined: Mon Nov 02, 2009 5:25 pm

Re: CGT 30 day form

Postby etf » Sun Aug 16, 2020 2:49 pm

Apology-computer slipped.

Still no promised call back from HMRC. Perhaps all HMRC staff are now handling A level appeals?

AnthonyR
Posts: 321
Joined: Wed Feb 08, 2017 2:33 pm

Re: CGT 30 day form

Postby AnthonyR » Mon Sep 07, 2020 11:22 am

Still no response from HMRC on the supposed paper forms.

I'll chase again, although I'm sure they'll be very efficient on issuing the penalties....
Anthony Rogers LLB CTA TEP
Fusion Partners LLP
anthony@fusionpartners.co.uk

Lambs
Posts: 1478
Joined: Wed Aug 06, 2008 3:15 pm

Re: CGT 30 day form

Postby Lambs » Mon Sep 07, 2020 11:32 am

Dear All,

Haven't they said that they can now do multiple disposals online?

https://www.gov.uk/guidance/managing-your-clients-capital-gains-tax-on-uk-property-account

"If your client sells or disposes of any further properties in the tax year you should use this service to report the Capital Gains Tax for those properties."

Regards,

Lambs

AnthonyR
Posts: 321
Joined: Wed Feb 08, 2017 2:33 pm

Re: CGT 30 day form

Postby AnthonyR » Tue Sep 08, 2020 11:25 am

Dear All,

Haven't they said that they can now do multiple disposals online?

https://www.gov.uk/guidance/managing-your-clients-capital-gains-tax-on-uk-property-account

"If your client sells or disposes of any further properties in the tax year you should use this service to report the Capital Gains Tax for those properties."

Regards,

Lambs
It appears you're right, I'm no longer getting the 'contact us for a form' page. I'll work through the next disposals and report back if it's actually working for subsequent disposals. And then await the penalties...
Anthony Rogers LLB CTA TEP
Fusion Partners LLP
anthony@fusionpartners.co.uk

Lambs
Posts: 1478
Joined: Wed Aug 06, 2008 3:15 pm

Re: CGT 30 day form

Postby Lambs » Tue Sep 08, 2020 12:01 pm

"The only thing less well-publicised than the new residential property CGT disclosure regime is..."

We should hold a competition.

Regards,

Lambs

etf
Posts: 694
Joined: Mon Nov 02, 2009 5:25 pm

Re: CGT 30 day form

Postby etf » Tue Sep 08, 2020 1:20 pm

"The only thing less well-publicised than the new residential property CGT disclosure regime is..."
The un-even handed treatment of NRCGT taxpayers by HMRC. There appears to be a conspiracy of silence from tax journalists surrounding the shocking statistics below which suggest some taxpayers have been treated unfairly (try telling the people in the green zone they were treated in the same way as those in the red zone):

Period / Percentage of reviewed appeals accepted.

Quarter ended 31 March 2020 94%
Quarter ended 31 December 2019 97%
Quarter ended 30 September 2019 96%
Quarter ended 30 June 2019 96%
Quarter ended 31 March 2019 97%
Quarter ended 31 December 2018 79%

Quarter ended 30 September 2018 6%
Quarter ended 30 June 2018 3%
Year ended 31 March 2018 16%
8 May 2016-31 March 2017 32%


Lambs, as you sometimes act as conduit, are you able to speak with the tax journalists and report back as to why they are snubbing this story? HMRC's performance above looks more shocking than the exam algorithm which was headline news.


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