1、SAQ1:31st January 2004 POA 450031st July 2004 POA 450031st January 2005 Balance 3000SAQ 2:1. The Inland Revenue find out about tax liabilities from the submission of the Self Assessment Tax Return (SATR) from by the taxpayer.2. The Inspector can issue an estimated assessment to income tax.3. Further
2、 assessments can be issued up to six years after the year of assessment when further information comes to light. 4. This time limit does not apply in the case of fraud or negligence. In this case the Inspector can go back 20 years to issue revised assessments.5. An appeal against an assessment must
3、be in writing, stating the grounds of the appeal, within 30 days of the issue of the assessment.6. Appeals are made the Inspector of Taxes and, if agreement cannot be reached at that point, the appeal is heard by the Commissioners.7. Pending an appeal being heard, the amount of tax which is not in d
4、ispute must be paid on the due date. 8. Following an appeal decision, either party can appeal further to the High Courts.9. A late appeal may be accepted by the Inspector where there is reasonable excuse but if the late appeal is not accepted it must be referred to the Commissioners for their decisi
5、on.10. Tax due under Schedule D Case I is payable as follows:50% of the estimated amount due on 31st January in the tax year,50% of the estimated amount due on 31st July following the tax year,Any balance on the following 31st January following.11. Failure to pay due tax on time will result in appli
6、cation of interest charges and penalties.Answer to Activity 11. A. The inspector of Taxes is responsible for:a. The issue of Self Assessment Tax Return forms;b. Receipt of completed assessment;c. Issue of estimated assessments;d. Receipt and determination of appeals;B. The role of the Collector of T
7、axes is collect tax due along with any interest charges and penalties imposed.2.A. The general commissioners are usually appointed from local professional and business people. They are unpaid, normally not qualified in the area of income tax law but are assisted by a fully qualified Clerk. They are
8、asked to rule on the most common appeals against tax assessments.B. The Special Commissioners ae legally qualified barristers, Advocates or Solicitors who hear more complicated appeals, appeals specially referred to them, or issues dealing with the value of quoted shares or the transfer of assets abroad.3.In the appeals process the taxpayer has the right to appeal against an assessment within 30 days. In the meanwhile the taxpayer has the duty to pay any amount of tax, not the subject of dispute, on the due date, pending the outcome of appeal.
