Meg Saksida highlights the scope for HMRC to apply discretion on time limits, including those already addressed in existing guidance or legislation, and those not yet addressed.
Ignoring the physical and emotional toll that COVID-19 has put on humans, and the macro-economic impact on the globe’s economy, there are several questions that need to be answered.
How will this insidious pandemic affect those individuals and businesses where time limits in the legislation must be satisfied in order for tax relief to be forthcoming? And what happens if the global crisis means that these time limits cannot be met despite the taxpayer’s best intentions?
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