As I have blogged before, most mortgage lenders require form SA302 as evidence of a mortgage applicant’s financial standing. These forms are difficult to get hold of as HMRC only automatically issue them to tax payers who have submitted a paper tax return. A vast majority of people either submit their returns on-line or use tax agents who similarly submit their client’s tax returns on-line.Read More
The HMRC has written to selected taxpayers to tell them their effective rate of tax is lower than average and asking them to check if it’s right. The tax payers’ agents will get a copy (i.e. their accountants).
This is one of a number of letters which HMRC has been using in an attempt to ‘nudge’ potentially non-compliant taxpayers to “sort things out”.Read More