- Launch of Interactive Compliance Tool: HMRC has introduced a new free online Interactive Compliance Guidance tool aimed at helping businesses and individuals understand tax compliance checks, supporting the government’s economic growth initiative.
- Comprehensive Support Features: The tool provides essential information on various aspects of compliance checks, including how to respond to HMRC requests, appoint representatives, dispute decisions, and make payments, consolidating existing guidance and resources into an accessible format.
- Positive Stakeholder Feedback: Developed with input from stakeholders, the tool is designed to be user-friendly, featuring clear Q&A formats and instructional videos, thereby enhancing support for customers, particularly those who are vulnerable or unrepresented during compliance processes.
Source gov.uk
- HMRC launched a new online tool to help taxpayers understand tax compliance checks.
- The tool is useful for unrepresented taxpayers but should be used with caution as it cannot consider every unique situation.
- HMRC can check any tax return, including self-assessment, corporate, and VAT returns.
- Checks can be informal or formal and may be triggered by discrepancies or randomly.
- The tool provides guidance and links to HMRC help pages and YouTube videos.
- Videos cover topics like compliance checks, expectations, and disagreements with HMRC.
- Links offer guidance on appointing agents, extra support, and making complaints.
- The tool cannot provide specific advice for individual circumstances.
- It lacks direct contact details for HMRC and detailed explanations for penalties.
Source menzies.co.uk
