ACCA TX ^UK Syllabus A. UK Tax System & Administration - Compliance checks and self assessment - Past Papers ^{1 / 1}

For the tax year 2013–14, Willard filed a paper self-assessment tax return on 10 August 2014.

What is the deadline for Willard to make an amendment to his tax return for the tax year 2013–14, and by what date will HM Revenue and Customs (HMRC) have to notify Willard if they intend to carry out a compliance check into this return?

Richard has not previously filed a self-assessment tax return, and therefore wants to know when he will have to file his return for the tax year 2012–13. He is not sure whether to file a paper tax return or to file the return online.

As this will be his first self-assessment tax return, Richard is concerned that HM Revenue and Customs might carry out a compliance check.

Required:
(i) Advise Richard Feast of the latest dates by which his self-assessment tax return for the tax year 2012–13 should be filed in order to avoid a penalty. (2 marks)

(ii) State the period during which HM Revenue and Customs will have to notify Richard Feast if they intend to carry out a compliance check in respect of his self-assessment tax return for the tax year 2012–13, and the possible reasons why such a check would be made.

Note: You should assume that Richard will file his tax return by the filing date. (3 marks)