VAEC2960 - Section 73(1) and 73(2) assessments: Distinction between tax declared and tax paid

The procedural guidance in this manual only covers the VAT Mainframe and VISION processes. For guidance on the Making Tax Digital and ETMP processes for fully migrated customers, see VAEC0200 and the Making Tax Digital for VAT compliance toolkit.

When making an assessment, a distinction should be made between tax declared and tax paid.

Having made an assessment for the net tax due, it would be incorrect to make any addition or subtraction from the assessment simply because declared or previously assessed amounts have not yet been paid, or repaid, by HMRC.