A4.612 Demand and receipt

A4.612 Demand and receipt

Tax charged in a self-assessment (whether made by the taxpayer or HMRC) and payments on account (see E1.251) are payable automatically without the need to issue a demand. In practice, HMRC maintain a charge account for each taxpayer and issue statements1 showing:

  1.  

    •     liabilities which will shortly be due (in effect, a notice to pay), or

  2.  

    •     liabilities paid (in effect, a receipt)

Similar statements are issued at regular intervals when amounts of tax are outstanding, when a self-assessment or a payment on account is amended and on the conclusion of an enquiry into a return.

As regards

To continue reading
View the latest version of this document, as well as thousands of others like it, sign in to TolleyLibrary or register for a free trial