COM71110 - Enquiries: CTSA enquiries: closing an enquiry: revenue amendments

This subject is presented as follows

General

This topic deals primarily with Revenue Amendments that you make when an enquiry ends.

• See subject ‘Closing An Enquiry: Non-Contract Settlements’ (COM71090). See the Enquiry Manual at EM3878 and EM3871 for general information on this topic.

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Interaction with Jeopardy Amendments

See subjects ‘Making Jeopardy Amendments’ (COM71040) and ‘Appeals Against Jeopardy Amendments’ (COM71050).

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Manual Closure Notice with Revenue Amendment - updating COTAX

If you manually issue a Closure Notice with Revenue Amendment you will need to update COTAX with the amended figures.

• See subject ‘Closing an enquiry: manual closure notices’ (COM71093) and the Enquiry Manual at EM3871

You can use the ‘Prepare a Revenue Amendment’ option in Function RAMA (Record / Amend Assessment) to calculate the figures that you need to enter on your manual Closure Notice with Revenue Amendment and then update the company’s COTAX accounting record.

COTAX will

• Retain the details of the manual Revenue Amendment on the company record

• Update the relevant postings as if it had made the amendment

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Consequential amendments to returns for other periods

If as a result of your enquiry you conclude that other returns made by the company which are not under enquiry need to be amended, you can use the ‘Prepare a Revenue Amendment’ option in Function RAMA to amend those returns. In such cases you must include your conclusions about those other returns in your Closure Notice for the period under enquiry.

• See the Enquiry Manual at EM3878 and COM subjects ‘Closing an enquiry: non-contract settlement cases’ (COM71092) and ‘Closing an enquiry: manual closure notices’ (COM71093)

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Example Form

You can see an example of Revenue Amendment printed output in COM by following these steps

• Select Index of Forms, from the menu on the left of the screen
• Use the scroll bar to find CT620, then [CT620(Amd)]
• Select the hyperlink. Acrobat Reader opens and displays the example form

For a list of forms relevant to this subject, see COM71021.

For a list of functions to use in particular situations, see COM71011.

For legislation applying to this subject, see COM71012.