Discovery assessments | Practical Law

Discovery assessments | Practical Law

A practice note about when HMRC can make corporation tax discovery assessments. The note covers the conditions for making a discovery assessment, careless and deliberate conduct, when information is made available to HMRC, what amounts to a discovery, time limits, Langham v Veltema and SP 1/06.

Discovery assessments

Practical Law UK Practice Note 5-524-0016 (Approx. 41 pages)

Discovery assessments

by Ian Robotham, Pinsent Masons LLP
Maintained • United Kingdom
A practice note about when HMRC can make corporation tax discovery assessments. The note covers the conditions for making a discovery assessment, careless and deliberate conduct, when information is made available to HMRC, what amounts to a discovery, time limits, Langham v Veltema and SP 1/06.