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Home / De-Voil /Part V5 Compliance, enforcement and appeals /Division V5.2 Duties, records and control /Underdeclaration of tax / V5.261 Underdeclaration of tax—assessments

V5.261 Underdeclaration of tax—assessments

Part V5 Compliance, enforcement and appeals

V5.261 Underdeclaration of tax—assessments

HMRC is empowered to issue an assessment where it considers that a trader's return(s) are incomplete or incorrect¹. HMRC does not have to establish precisely what a trader has done wrong before saying that it appears that the trader's returns are incomplete or incorrect².

Where

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