HMRC Compliance Checks FAQ

Introduction Background New inspection, information and record-keeping powers and obligations are being introduced on 1 April 2009. New time limits will be introduced from 1 April 2009 for VAT (while ensuring no earlier period can be assessed under the new rules than could have been under the old) and 1 April 2010 for Income Tax, Capital Gains Tax and Corporation Tax (while leaving it possible to assess and repay non-Self Assessment PAYE (Pay As You Earn) taxpayers for 6 open years until 31 March 2012). This FAQ provides you with answers to some routine questions about the new compliance checks framework. »