Related Commentary  Related CasesRelated HMRC Manuals

28(1)  If the Inland Revenue discover as regards a chargeable transaction that–

(a)an amount of tax that ought to have been assessed has not been assessed, or

(b)an assessment to tax is or has become insufficient, or

(c)relief has been given that is or has become excessive,

they may make an assessment (a “discovery assessment” ) in the amount or further amount that ought in their opinion to be charged in order to make good to the Crown the loss of tax.

Need help? Get subscribed!

To subscribe to this content, simply call 0800 231 5199

We can create a package that’s catered to your individual needs.

Or book a demo to see this product in action.