Commentary

A6.716 Discovery—companies

Administration and compliance

A6.716 Discovery—companies

A6.716 Discovery—companies

The discovery provisions allow an HMRC officer to make an assessment to recover a loss of tax where certain conditions are met1. A discovery assessment is often used if the time limit to open an enquiry into the matter has passed. For details of the conditions, see A6.703.

The commentary below discusses discovery as it applies to companies.

Discovery as it applies to companies

The discovery provisions relating to companies are found at FA 1998, Sch 18, Pt V, paras 41–45. The legislation very closely follows that relating to individuals and all of the key concepts discussed in

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