Oct 6, 2023 07:22
7 mos ago
16 viewers *
English term

contract settlement

English to Romanian Bus/Financial Finance (general)
What happens at the end of the compliance check
When we have completed the check, we will either send you one or more decision notices or agree a contract settlement with you.
A contract settlement is a legally binding agreement, where you offer to pay everything that you oew as a result of the check, and we agree not to use our formal powers to recover that amount.
Proposed translations (Romanian)
5 contract de tranzactie

Discussion

Mara Cojocaru (asker) Oct 6, 2023:
“Contract settlement” means an agreement made in connection with any person's liability to make a payment to the Commissioners for Her Majesty's Revenue and Customs under or by virtue of an enactment.]
Mara Cojocaru (asker) Oct 6, 2023:
When should I consider settling an enquiry by contract settlement?
You should consider settlement through a contract settlement when you and the taxpayer are in agreement over the amounts of tax, interest, penalties or any other liabilities that are to be included in the contract.

Proposed translations

25 mins
Selected

contract de tranzactie

Note from asker:
Mulțumesc!
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4 KudoZ points awarded for this answer. Comment: "multumesc"
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