If no return is delivered by a company following the issue of a notice, or if a notice to deliver a return is complied with only partially, HMRC may determine to the best of their information and belief the amount of tax payable by a company.
Determinations to have effect as self-assessments
Such determinations are treated as self-assessments for most practical purposes, including:
•payment of tax due;
•collection and recovery proceedings;
•interest on overdue tax;
•tax related penalties; and
•assessment of unpaid tax on other persons (to enable collection to be effected).
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