Submitted on Tuesday 6th December 2016
Published on Thursday 8th December 2016
Current status: Closed
Closed: Tuesday 2nd May 2017
Signatures: 10
Tagged with
HMRC ~ income tax ~ Tax
Allow HMRC to provide tax exemptions where clerical errors have occurred
I dissolved a company rather than wound it up, and therefore HMRC is applying income tax rather than capital gains tax on the distributions. This was a clerical error, but there is no way to wind back the clock on such errors. HMRC should have the power to apply exemptions under such circumstances.
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18.189.171.119 Thu, 19 Dec 2024 15:52:41 +0000