From 15 September 2016 under Finance Act 2106, Sch 23, S167, HMRC has the power to raise simple assessment of tax. This will apply to a situation where a taxpayer has received some income or gain which were not subject to PAYE system. HMRC may obtain such information from various sources. So, if a taxpayer receives a notice of such assessment, he or she will have 60 days to raise concerns. HMRC may allow a different period for raising concerns.
If you receive such notice, please contact ERAA Consulting Limited immediately!
