Notes on UK Tax Legislation

Statutory framework for disclosure to HMRC: prompted and unprompted disclosure, penalty reductions under Schedule 24 FA 2007 and Schedule 41 FA 2008, and assessment time limits.

HMRC discovery assessment under section 29 TMA 1970: when it can be made, the 4, 6 and 20-year time limits, appeal, statutory review and postponement of tax.