'Room for improvement' on enabling letters
The Inland Revenue has pledged to consult more broadly with professional accountancy bodies after it sent out thousands of 'misleading' letters to taxpayers.
The so-called enabling letters sent out this year to several thousand self-assessment taxpayers suggested their 2003 tax returns were wrong, advisers complained.
But after considerable feedback on the letters the Revenue met with senior accountants this month to discuss how to improve future correspondence.
At a meeting with representatives of the professional bodies, the Revenue has accepted that there is ‘room for improvement’, said the Chartered Institute of Taxation.
‘It was accepted that early consultation with the professional bodies was essential in the early stages of developing work,’ the CIOT added.
The Revenue has agreed to meet with representatives again in December to discuss progress.