Publication of Compliance Handbook for new compliance checks
We have published as part of the Compliance Handbook; technical and operational process guidance detailing how HM Revenue & Customs (HMRC) will carry out compliance checks (also known as enquiries, visits and inspections) from 1 April 2009. These changes will affect how we manage compliance checks for:
- Income Tax
- Capital Gains Tax
- VAT
- PAYE
- the Construction Industry Scheme
- Corporation Tax
The new legislation is designed to make the tax system simpler and more consistent. From 1 April, HMRC will have a single set of powers to inspect and obtain information (Schedule 36), provides greater flexibility in the rules for keeping records (Schedule 37) and introduces new time limits for assessment and claims (these will not be fully in force until April 2010, but there will be some transitional arrangements for VAT from 1 April 2009 (Schedule 39, FA08).
We are very grateful for the positive responses we have received to the operational guidance from all our stakeholders. As with all guidance, ensuring it meets the needs of its users is an ongoing commitment and where we have been unable to consider some of the comments and suggestions received prior to publication, these will be reviewed and gradually incorporated within the guidance where appropriate.
