This paper looks at the self-assessment process from a duties and payroll tax perspective, and covers issues faced by practitioners and revenue offices. Specific issues covered include:
- processes in jurisdictions where self-assessment is imposed
- the availability of binding public rulings
- the availability of binding private rulings
- the question of whether a return is an assessment and the corresponding implications for objections, refunds and audits
- the audit of self-assessors by the Commissioner and who is liable for non-compliance detected on audit
- the five year re-assessment limitation rule – when and how does it apply in a self-assessment regime?
- suggested reform