Information Powers (continued)
Similarly, when we have asked for assistance with aspects of a tax check, for example, asking the Valuation Office Agency (VOA) to help with the valuation of assets or property the VOA may not be able to obtain all they need for that valuation.
We will actively monitor the progress of any valuation negotiations. If delays are experienced, we will support the valuer by using the powers available under Schedule 36 to facilitate agreement.
Information and Inspection powers can be used before a return is received in certain circumstances.
This could include a situation where there is a reason to believe that a taxpayer:
- did not notify chargeability to tax
- did not register for VAT if required, or
- is operating in the informal economy