SAM20130 - Assessments: assessments within SA: revenue assessment
A Revenue assessment is an assessment made by HMRC in respect of income that
- Does not form part of the taxpayer’s self assessment, for example where the year is prior to SA
- Has not been included in the taxpayer’s self assessment, for example in a discovery assessment
Examples of Revenue assessment are
1. |
Cases where a discovery has been made under S29 TMA and either |
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2. |
Cases where HMRC has an option under S63(1)(b) to revise the profits for the final 3 years of a business to the actual basis |
3. |
Assessments under Schedules D and E for pre-SA years if made after 5 April 1998 |
4. |
The recovery of over-repayments under S30 TMA |
Revenue assessments will normally be made by using the Technical Support System (TSS) to create the calculation and attaching a letter prepared using SEES Forms and Letters. Together these two documents form the assessment. There will however be circumstances where either
- A clerically prepared assessment is required and a manual assessing set will be used
- An assessment may be made using the guidance at SAM22000 (Assessments: Non SA Assessing)
Function CREATE REVENUE ASSESSMENT will be used to enter the charge arising from a Revenue assessment onto the taxpayer’s SA record.
Note: Liability arising from Revenue assessments will not be recorded using this function in the following circumstances
- When amending a taxpayer’s self assessment
- When making an assessment using the guidance at SAM22000 onwards
- When amending a pre - SA assessment using the guidance at SAM22000 onwards
