HMRC may enquire into any tax return by giving a written notice. Usually the time limit for HMRC to issue a notice is 12 months from the filing date.
If HMRC does not enquire into a return, it will be final and conclusive. Unless HMRC makes a discovery, or the taxpayer makes an overpayment relief claim.
Most noteworthy HMRC cannot query any entry on a tax return without starting an enquiry. The main purpose of an enquiry is to identify any errors on, or omissions from, a tax return which result in an understatement of tax due. However, the opening of an enquiry does not mean that a return is incorrect.
If there is an enquiry in your tax return, we will also receive a letter from HMRC. It will detail the necessary information required by them to check the return. If that happens, we will contact you to discuss the contents of the letter and the way forward. If you live in Orpington, Bromley, Kent and London and have HMRC enquiring into your tax return we, at Adiva Accountants in Orpington, can advise and assist in answering the enquiry.