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The pendant lighting Telegraph has highlighted the ongoing attempts by HMRC to resist claims by taxpayers for application of the ESC A19 concession. The concession allows tax arrears to be written off if three conditions are met: 1 HMRC failed to make “proper and timely” use of information provided to it. 2 The taxpayer “could reasonably have believed their tax affairs were in order”. 3 No notification was sent to the taxpayer within 12 months of the end of the tax year in question. Unsurprisingly, given the regular coding errors, many taxpayers (pensioners are particularly prone to erroneous coding notices if they have more than one pension source) find themselves in a position of owing or being owed tax. As per a letter to the Telegraph : " I read with great interest your account of the case of RD, South of England. My case covers unpaid tax to the tune of £10,457 for the tax years 2002-03 to 2007-08 as advised to me in an HMRC letter dated July 3, 2008. Even though this was received with shock and concern this sum was paid in full to HMRC because I was informed by them in reality that I had no option but to pay up.
FCA member of ICAEW, consultant, company director, expert on doing business in the DPRK (aka North Korea), banker and writer www.kenfrost.com View my complete profile
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