Finance Act 1998

Corporation tax self-assessment

117 Company tax returns, assessments and related matters

(1) The provisions of Schedule 18 to this Act have effect in place of—

(a) the provisions of Parts II and IV of the [1970 c. 9.] Taxes Management Act 1970 (returns, assessment and claims), so far as they relate to corporation tax,

(b) certain related provisions of Part X of that Act (penalties),

(c) Schedule 17A to the Taxes Act 1988 (group relief: claims), and

(d) Schedule A1 to the [1990 c. 1.] Capital Allowances Act 1990 (corporation tax allowances: claims).

(2) Schedule 18 to this Act, the [1970 c. 9.] Taxes Management Act 1970 and the Tax Acts shall be construed and have effect as if that Schedule were contained in that Act.

(3) The enactments mentioned in Schedule 19 to this Act have effect with the amendments specified there, which are minor amendments and amendments consequential on Schedule 18.

(4) Except as otherwise provided, the provisions of Schedules 18 and 19 to this Act have effect in relation to accounting periods ending on or after the self-assessment appointed day.

(5) In this section “the self-assessment appointed day” means the day appointed by the Treasury under section 199 of the [1994 c. 9.] Finance Act 1994 for the purposes of Chapter III of Part IV of that Act (corporation tax self-assessment).