HMRC’s One to Many letter - Partnership Discrepancies

HMRC’s Wealthy External Forum has issued a briefing to forum members about ‘one to many’ letters being sent to taxpayers who are linked to a partnership return but on their individual SA return either they have not declared any partnership income or there is a discrepancy in the figures between the two returns.

The letter will request them to self-amend their 2019/20 tax return. A copy of the letter will be sent to the taxpayer’s agent where the taxpayer is represented by an agent.

Briefing
Letter to agent
Letter to taxpayer (1)
Letter to taxpayer (2)