Tax Return Estimates – Careless Or Deliberate?
The use of an estimated figure may sometimes be necessary when preparing a tax return. For example, records of a particular source of income may have been lost, and it might not be possible to obtain the relevant information from third parties. Is it accurate? HM Revenue and Customs (HMRC) acknowledges that taxpayers will occasionally […]
Tax Return Estimates – Careless Or Deliberate?
The use of an estimated figure may sometimes be necessary when preparing a tax return. For example, records of a particular source of income may have been lost, and it might not be possible to obtain the relevant information from third parties. Is it accurate? HM Revenue and Customs (HMRC) acknowledges that taxpayers will occasionally […]