case owner to try to broker an agreement between them. ADR has proven to be a quick and effective method of resolving disputes in a quick and efficient way, not just for tax but in the commercial world as well. In this stage of the trial ADR will be available to SME and Individual customers where a tax issue is in dispute, whether or not an appealable tax decision or assessment has been made by HMRC.
For full details follow the link below.
Alternative Dispute Resolution trial for Small and Medium Enterprise and Individual customers
ALTERNATIVE DISPUTE RESOLUTION FOR SMALL AND MEDIUM ENTERPRISES AND INDIVIDUALS
4 February 2013
HMRC has today announced that, following a two year pilot, alternative dispute resolution (ADR) for small and medium enterprises (SMEs) and individuals will become business as usual from 2013-14. Richard Summersgill, Director of Local Compliance said: “ADR is a fair and even-handed way of resolving tax disputes between HMRC and its customers. In brief, ADR will save time and help reduce costs for everyone. We have had good feedback from both SMEs and individual customers and are grateful to the accountancy and professional community for their assistance and support during the pilot stages.”
More about alternative dispute resolution
Business Record Checks
BUSINESS RECORD CHECKS RE-LAUNCH
1 November 2012
Ministers have agreed to the recommencement of Business Record Checks (BRC). The re- launch will begin 1 November 2012 and will be rolled-out, on a region by region basis, over a period of 14 weeks finishing early in 2013. The re-launch will initially involve HMRC writing to customers who they believe may be at risk of keeping inadequate records, advising them that they will be calling them to discuss their business. The customer’s response to this conversation will then enable HMRC to assess whether no further action is required, the customer could benefit from tailored educational support, or if a BRC visit is required. Where a BRC visit reveals the customer is keeping inadequate records, a follow up visit will be arranged normally three months later, giving the business a reasonable time to make the necessary improvements to their record-keeping processes. If, on the second visit, the records have not improved to an adequate standard, then a penalty may be charged. The re-designed BRC process will offer benefits for businesses at risk of keeping inadequate records. It will help businesses pay the right amount of tax at the right time, thereby avoiding interest and penalties for errors and late payment, whilst also giving HMRC greater assurance when a business submits its tax returns.
CIPP Policy News Journal
12/04/2013, Page 290 of 362
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