How To Challenge A Corporation Tax Assessment And Penalty
Challenging A
HMRC Corporation Tax Assessment
Need To Appeal A HMRC Corporation Tax Decision?
If you’ve received a Corporation Tax assessment or penalty, following an HMRC investigation or enquiry, we can help.
There are various appeals channels that we can use to challenge the tax assessment on your behalf and ultimately get the Corporation Tax assessment, penalties and interest charges dismissed. These include:
Challenging the Corporation Tax assessment internally with HMRC via the Statutory Review process.
Submitting a Corporation Tax appeal to the First-Tier Tax Tribunal – an independent court that can overturn HMRC’s decision.
Appealing to the Upper-Tier Tax Tribunal, following the First Tier Tribunal (where appropriate).
Aiming to settle the matter without needing to go to court, using Alternative Dispute Resolution.
Need To Appeal A HMRC Corporation Tax Decision?
If you’ve received a Corporation Tax assessment or penalty, following an HMRC investigation or enquiry, we can help.
There are various appeals channels that we can use to challenge the tax assessment on your behalf and ultimately get the Corporation Tax assessment, penalties and interest charges dismissed. These include:
• Challenging the corporation tax assessment internally with HMRC via a process known as a statutory review.
• Submitting an corporation tax appeal to the First-Tier Tax Tribunal – an independent court that can overturn HMRC’s decision.
• Appealing to the Upper-Tier Tax Tribunal, following the First Tier Tribunal (where appropriate).
• Aiming to settle the matter without needing to go to court, using Alternative Dispute Resolution.
Firstly, What Is A Corporation Tax Assessment?
When HMRC concludes a corporation tax enquiry or corporation tax investigation, it may feel that there has been an underpayment of tax. If this is the case, HMRC will issue you with a formal corporation tax assessment – essentially a tax bill.
If this assessment isn’t appealed within the statutory appeals deadline (generally 30-days) then HMRC will begin to formally chase the debt via its Debt Management division.
If you’ve received a corporation tax assessment from HMRC that you dispute, then it’s important to lodge a formal appeal as soon as possible; HMRC has the right to reject any appeal submitted after the statutory appeal deadline has elapsed.
What Is A HMRC Corporation Tax Assessment?
When HMRC concludes a corporation tax enquiry or corporation tax investigation, it may feel that there has been an underpayment of tax. If this is the case, HMRC will issue you with a formal corporation tax assessment – essentially a tax bill.
If this assessment isn’t appealed within the statutory appeals deadline (generally 30-days) then HMRC will begin to formally chase the debt via its Debt Management division.
If you’ve received a corporation tax assessment from HMRC that you dispute, then it’s important to lodge a formal appeal as soon as possible; HMRC has the right to reject any appeal submitted after the statutory appeal deadline has elapsed.
How Do I Appeal A HMRC Corporation Tax Assessment?
To challenge a HMRC corporation tax assessment, you or your advisor should appeal in writing within the statutory appeals deadline (referenced above).
It’s important to include as much information as you can: why you believe it to be incorrect, what you believe the correct figures to be and provide as much supporting documentation as possible. Resolving the matter within HMRC will remove the need to potentially appeal the matter at First-Tier Tax Tribunal further down the line.
If HMRC rejects your appeal because it simply disagrees with your viewpoint or because it was submitted out of time, then you will likely need to appeal to the First-Tier Tax Tribunal.
If you need to appeal a HMRC corporation tax Assessment, or have had your appeal rejected, please contact us for a free, no-obligation consultation.
How Do I Appeal A HMRC Corporation Tax Assessment?
To challenge a HMRC corporation tax assessment, you or your advisor should appeal in writing within the statutory appeals deadline (referenced above).
It’s important to include as much information as you can: why you believe it to be incorrect, what you believe the correct figures to be and provide as much supporting documentation as possible. Resolving the matter within HMRC will remove the need to potentially appeal the matter at First-Tier Tax Tribunal further down the line.
If HMRC rejects your appeal because it simply disagrees with your viewpoint or because it was submitted out of time, then you will likely need to appeal to the First-Tier Tax Tribunal.
If you need to appeal a HMRC corporation tax Assessment, or have had your appeal rejected, please contact us for a free, no-obligation consultation.
Corporation Tax Appeals: The First-Tier Tax Tribunal
If you dispute a tax assessment and have already exhausted HMRC’s internal appeals processes then your next step will be the First-Tier Tax Tribunal (FTTT).
The FTTT is a court that has the power to overturn the income tax assessment that HMRC has issued to you. The FTTT is truly independent of HMRC and is part of “Her Majesty’s Courts and Tribunal Service”.
Appealing to the First-Tier Tax Tribunal can sound daunting, but don’t worry. At T M Sterling, we routinely represent clients at Tribunal in matters such as corporation tax assessment appeals, VAT Appeals and many more. If you think that you may require representation, please contact us for a free, no-obligation consultation with our appeals experts – they’ll be able to talk you through the entire process.
Corporation Tax Appeals: The First-Tier Tax Tribunal
If you dispute a tax assessment and have already exhausted HMRC’s internal appeals processes then your next step will be the First-Tier Tax Tribunal (FTTT).
The FTTT is a court that has the power to overturn the income tax assessment that HMRC has issued to you. The FTTT is truly independent of HMRC and is part of “Her Majesty’s Courts and Tribunal Service”.
Appealing to the First-Tier Tax Tribunal can sound daunting, but don’t worry. At T M Sterling, we routinely represent clients at Tribunal in matters such as corporation tax assessment appeals, VAT Appeals and many more. If you think that you may require representation, please contact us for a free, no-obligation consultation with our appeals experts – they’ll be able to talk you through the entire process.
What Information Do I Need When Disputing a Corporation Tax Assessment?
To dispute your corporation tax assessment, you’ll want to have as much information to hand as possible. This commonly includes details of income and expenditure – such as purchase invoices, sales invoices and bank account statements.
It goes without saying that the more information you have, the stronger your appeal will be. Having access to detailed and accurate information will greatly assist you or your adviser in launching a successful appeal.
To discuss the information that you have available, and how this can be used to support your appeal, please contact us for a free, no-obligation consultation.
We Can Help You: Expert Advice…
We help clients just like you to overcome all manner of complex tax problems – such as appealing HMRC corporation tax assessments.
During your free initial consultation, our specialists will build an understanding of your case and formulate a strong plan of action to resolve the issues you’re facing.
Free consultations are offered on a first-come-first-served basis. Please call us now: 01656 508461 or click the button below to book a call.
What Information Do I Need When Disputing a Corporation Tax Assessment?
To dispute your corporation tax assessment, you’ll want to have as much information to hand as possible. This commonly includes details of income and expenditure – such as purchase invoices, sales invoices and bank account statements.
It goes without saying that the more information you have, the stronger your appeal will be. Having access to detailed and accurate information will greatly assist you or your adviser in launching a successful appeal.
To discuss the information that you have available, and how this can be used to support your appeal, please contact us for a free, no-obligation consultation.
We Can Help You: Expert Advice…
We help clients just like you to overcome all manner of complex tax problems – such as appealing HMRC corporation tax assessments.
During your free initial consultation, our specialists will build an understanding of your case and formulate a strong plan of action to resolve the issues you’re facing.
Free consultations are offered on a first-come-first-served basis: please contact us for a free, no-obligation consultation with our appeals experts, or click the button below to call us now.