CIS self assessment

[slick132]

Hi Saffy,

 

I doubt it's a "security check" and suggest this means either;-

 

i) You've been selected at random .......

OR

ii) You've been selected by a more focused process ......

 

...... and HMRC will look more closely at the accounts or figures you've submitted in your SA Tax Return  to 5/4/19.

 

They may asked your acct't for more details and/or documents to back up your declaration of income. However, as you're in the CIS deduction scheme, HMRC may be more interested in the expenses you've claimed as a deduction against income.

 

Ask your acct't to let you know when they hear from HMRC so they can tell you what direction the inquiry seems to be taking. Just be warned though, if HMRC are looking at your tax return and find "problems", your acct't may want to charge you up-front fees to deal with the inquiry.

 

Keep us posted please .........