IHTM23148 - What to do on receipt of the VOA's final report: report endorsed 바카라 사이트˜agreed subject to confirmation바카라 사이트™

What it means

The VOA (IHTM23002) has agreed the value verbally with the taxpayer but has not received their written confirmation.

Note that the VOA will often be negotiating with the estate agent/chartered surveyors, who having provisionally agreed a value need to obtain the consent of the taxpayer.

Action

If the agreed value results in additional tax being payable, then you should

  • remind the taxpayer of the VOA바카라 사이트™s o/v (IHTM23141) by letter; and
  • enclose an assessment for additional tax.

If the agreed value results in a repayment of tax then ask the taxpayer to

  • confirm their agreement to the VOA바카라 사이트™s reported figure; and
  • apply for the repayment. This is subject to the instructions relating to repayments of tax.(IHTM31601)

Top of page

What if the taxpayer does not respond to our communication?

In cases where despite two reminders the taxpayer neither

  • pays the assessed tax; nor
  • confirms their agreement

consult your Team Leader (if you are in Compliance Group) or refer the case to TSS (if you are in PC&S).

When making any submission give details including the amount of extra tax due because of the VOA바카라 사이트™s revised figure.

If a determination is warranted ask the VOA to furnish an appeal report (IHTM23090).