Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

I propose to disclose under the LDF. What is the extent of the liabilities that will be chargeable using both the CRO and not?

April 26, 2017chargeable CRO disclose extent liabilities propose

0

10 Posted

I propose to disclose under the LDF. What is the extent of the liabilities that will be chargeable using both the CRO and not?

1 Answer

0

10 Posted

Under the CRO you will be chargeable on all liabilities going back to 1999. This will include taxes due from any predecessor in interest and the executors of their estate. On the actual basis unassessed liabilities prior to 1999 will not be assessed if they arise on you.