Claritax Books - Book of the month
Claritax Books are Independent publishers of UK tax books for accountants, tax advisers and other tax professionals and we are pleased that they have agreed to partner with the ICPA to offer all members 20% off a specially selected book each month.
March Book of the Month: Discovery Assessments – How to Challenge Them
Self-assessment was meant to bring greater finality to taxpayers' affairs, but cutbacks at HMRC mean that fewer enquiries are being pursued. Consequently, when errors are picked up, HMRC are increasingly relying on their powers to make discovery assessments.
Frequently, however, HMRC overlook (and often fail even to mention) the statutory safeguards that are intended to protect taxpayers from challenges outside a formal SA enquiry. It is only with a clear guide as to the extent of HMRC's powers that advisers can ensure that they protect their clients from inappropriate challenges.
The rules have been subject to considerable scrutiny, particularly in the past five years, and the author of this title, barrister Keith Gordon, has been involved in many of the leading cases. His book provides tax advisers with a clear and comprehensive guide to the rules concerning discovery assessments and contains much practical advice explaining how such assessments may be challenged.
This is the only book on the market that focuses exclusively on the topic of discovery assessments.
Normally costing £75, Claritax are offering ICPA members an exclusive 20% discount during March.
- Introduction to discovery assessments
- The meaning of "discover"
- Careless and deliberate conduct
- Insufficiency of disclosure
- Time limits for discovery assessments
- The prevailing practice defence
- Procedural matters
- Consequential claims by taxpayers
- Interaction between discovery assessments and investigatory powers
- Appendices - Statements of Practice, fully annotated by the author.
A full table of contents, together with an extract, may be viewed on the publishers’ website. The book may also be bought from that page, with or without the special ICPA discount.