EM6002 - Contract Settlements: Settlement Negotiations

 



As you approach settlement stage, you will need to put forward your views on the tax effect of the amendments to the taxpayer’s self assessment. If your enquiry also covers non-enquiry years you will need to agree the tax liability for these years as well (This text has been withheld because of exemptions in the Freedom of Information Act 2000). You will need to reach agreement on the figures of tax lost before considering the offences which have been committed over the full period of your enquiry.

When putting figures to the taxpayer or agent you should be careful to ensure that they are put forward on a ‘without prejudice’ basis. Where necessary, the letter should make clear that it is not a closure notice EM3836.

It is at this stage that you will need to be particularly vigilant to ensure that nothing that you do could be interpreted as completing the enquiry. Closure notices have to be issued to the taxpayer, so if your negotiations are with the taxpayer’s agent or accountant there is little chance of your correspondence being interpreted as completing the enquiry. Extra care is required where you are corresponding directly with the taxpayer.

If the taxpayer or agent does seek to argue that letters in which you put forward your settlement proposals have effectively completed the enquiry you should immediately issue a disclaimer and seek advice from contact link.

The taxpayer should already have been made aware of HMRC’s practice on penalty abatements and of accepting pecuniary settlements where there has been a loss of tax and liability to interest, surcharge and/or penalties has been incurred. If agreement on a pecuniary settlement cannot be reached, you may instead make assessments, or amendments to Self Assessments, and subject to the right of appeal, take steps to determine the appropriate

  • tax and NIC
  • interest
  • surcharge
  • penalties.

You should use form 94 EM6203 to control the settlement figures.

(This text has been withheld because of exemptions in the Freedom of Information Act 2000)

  • (This text has been withheld because of exemptions in the Freedom of Information Act 2000)
  • (This text has been withheld because of exemptions in the Freedom of Information Act 2000)