COM82020 - Interest: interest objections and amendments: receipt of an interest objection

When you receive an interest objection in your office it is important to聽stop collection of the liability 补苍诲听tell the company that you have received the correspondence.

The nature of the objection and the state of the company鈥檚 record determines which office or section deals with the objection.

The Interest Review Unit (IRU) deals with the following types of COTAX interest objection:

  • revenue delay of聽six months or more is alleged.
  • Crown exemption is claimed
  • any other objection to a correct interest charge continues to be pressed and enforcement could be seen as unjust or oppressive, even though no hardship is involved

Banking Operations deals with an objection in the following circumstances:

  • the interest objection is associated with聽DTR (double taxation relief) or losses carried back聽or聽relief under S458 CTA 2010
  • all three of the following conditions apply:聽the AP Pursuit Status is not working locally 补苍诲听the AP was not previously LA-ENF or PLA 补苍诲听none of the circumstances relating to Interest Review Unit cases apply

Banking Operations also deals with an interest review requested by the responsible office when manually setting the CII signal for a case involving:

  • DTR or losses carried back
  • relief under S458 CTA 2010

(This content has been withheld because of exemptions in the Freedom of Information Act 2000)

Local Compliance/Large Business deals with an interest objection relating to a quarterly instalment payment case; the caseworker should conduct a QIP check. If the signal has been correctly set the caseworker should issue a letter to the customer confirming the reason for the interest. If the customer accepts that they are a quarterly payer but disagrees with the calculation, the caseworker should refer the matter to Debt Management.

Debt Management Offices deal with objections for any other situation.

See:

  • COM82021 for a list of forms relevant to this subject
  • COM82022 for a list of functions to use in particular situations.