FOUR-YEAR CAP AND LATE PAYMENTS

摘要

I have recently acquired a new client who has outstanding VAT returns. He has paid the central assessments issued by HMRC but I would like to get him up to date. However, some of the returns are more than four years old. Does he still have to submit these returns or will they be subject to the four-year cap? Returns that are rendered late are not subject to a cap and will be processed and verified by HMRC as normal.