Tax Amendments on Five Years Old Returns anyone did?

[raju4u]

Hi There, Just a quick question is it possible to Amend five years old Tax Returns? What are the chances and could someone successfuly Amend if the money is owed to HMRC? Please reply thanks.

[raju4u]

Is it possible to tell in the forum please? So others can get help as well. thanks

[muraxza]

HI

I HAVE DONE MINE BELONGS TO 2010/11, HAVE SENT THEM IN JULY BUT STILL DIDNT HEAR ANYTHING FROM THEM YET, I KNOW SOME ONE WHO HAD SENT IN JUNE AND HE GOT A CONFIRMATION FROM HMRC THAT THEY HAVE RECEIVED HIS DOCUMENT
I ALSO KNOW SOME ONE WHO HAD DONE THIS IN LAST YEAR AND GOT UPDATED BUT HE HAD DONE THIS IN WITHIN 4 YEARS, WE ARE IN 5TH YEARS SO DONT KNOW WHATS GONA HAPPEN TO BE HONEST.

[raju4u]

HI

I HAVE DONE MINE BELONGS TO 2010/11, HAVE SENT THEM IN JULY BUT STILL DIDNT HEAR ANYTHING FROM THEM YET, I KNOW SOME ONE WHO HAD SENT IN JUNE AND HE GOT A CONFIRMATION FROM HMRC THAT THEY HAVE RECEIVED HIS DOCUMENT
I ALSO KNOW SOME ONE WHO HAD DONE THIS IN LAST YEAR AND GOT UPDATED BUT HE HAD DONE THIS IN WITHIN 4 YEARS, WE ARE IN 5TH YEARS SO DONT KNOW WHATS GONA HAPPEN TO BE HONEST.

I think someone in this forum must have had such experience, What does your accountant say btw?

[akan]

Amendment to any tax return is possible ... in cover letter you or your accountant should explain why they doing it so late. If HMRC is not satisfied with the justification they may not do the amendment and sometimes they open an investigation into the matter if the amount is huge.

[muraxza]

Amendment to any tax return is possible ... in cover letter you or your accountant should explain why they doing it so late. If HMRC is not satisfied with the justification they may not do the amendment and sometimes they open an investigation into the matter if the amount is huge.

yes you are right, but chances are very unlikely if you are paying them, the investigation usually they do when you claiming from them, logic says in this regard they may give you a penalties and charge you interest.

[akan]

I know someone done for last 10 years ... So I know its possible and I know the permutations behind it.

[raju4u]

that is very helpful information though, probably much encouraging. thanks for the input, Anymore input is appreciated.

[DCee]

I suppose you could just send the changes in, wait a short time then apply. HMRC would have a record you are dealing with them, even if they have not processed.

[raju4u]

I suppose you could just send the changes in, wait a short time then apply. HMRC would have a record you are dealing with them, even if they have not processed.

Could you explain more please? didnt get you.

[geriatrix]

I suppose you could just send the changes in, wait a short time then apply. HMRC would have a record you are dealing with them, even if they have not processed.

The problem is UKV&I is not interested in knowing whether the applicant is dealing with HMRC or not, the only thing they are interested in is knowing for sure (verifying) whether the applicant's tax matters are in perfect order.

[bay123]

I know someone done for last 10 years ... So I know its possible and I know the permutations behind it.

Hi Akan,

How will I get 5yrs ago tax return amended. Pls what is the permutation. You can message me.

[parwaz]

I suppose you could just send the changes in, wait a short time then apply. HMRC would have a record you are dealing with them, even if they have not processed.

The problem is UKV&I is not interested in knowing whether the applicant is dealing with HMRC or not, the only thing they are interested in is knowing for sure (verifying) whether the applicant's tax matters are in perfect order.

If HMRC refuses to amend tax returns for older than 4 years (even if the money is owed to HMRC) then unfortunately many people will be affected. As per the posts on the forum here, nothing is clear

[muraxza]

Parwaz

Don't worry mate they will do it my got done last month I sent in July which nearly took 5 months
Tqx return was 10/11

[bluecandi]

I suppose you could just send the changes in, wait a short time then apply. HMRC would have a record you are dealing with them, even if they have not processed.

The problem is UKV&I is not interested in knowing whether the applicant is dealing with HMRC or not, the only thing they are interested in is knowing for sure (verifying) whether the applicant's tax matters are in perfect order.

If HMRC refuses to amend tax returns for older than 4 years (even if the money is owed to HMRC) then unfortunately many people will be affected. As per the posts on the forum here, nothing is clear

In my extensive study of history i cant find any event where anyone refuse to take money and specially governments. They need your money more than anyone else in this world

[Casa]

It may be wise to read through the information in the following link:
http://www.hmrc.gov.uk/manuals/salfmanual/SALF408.htm

[haqhash]

Parwaz

Don't worry mate they will do it my got done last month I sent in July which nearly took 5 months
Tqx return was 10/11

Hello Blocked Username,
did you manage to update your SA302 as well?

Thanks

[bluecandi]

SA302 will not update. However that doesnt matter because you will get your updated calculations from HMRC and they are good enough to show to anyone.

HMRC will give 30 days to pay the amount owe or there will be interest piling up after that.

To be honest some caseworkers wont even check records of previous application.

[haqhash]

SA302 will not update. However that doesnt matter because you will get your updated calculations from HMRC and they are good enough to show to anyone.

HMRC will give 30 days to pay the amount owe or there will be interest piling up after that.

To be honest some caseworkers wont even check records of previous application.

Thanks Bluecandi,
Do you know any thing about new HMRC guideline and how these going to affect existing amendments?

Cheers