Finance Act 2018 (c. 3)

SCHEDULES

SCHEDULE 6 U.K. Partnerships

PART 5 U.K. Returns conclusive as to shares of profits and losses

15 (1) Schedule 14 to F(No.2)A 2017 (amendments relating to digital reporting etc) is amended as follows. U.K.

(2) After paragraph 10B (as inserted by this Schedule) insert—

“10C In section 12ABZB (partnership return conclusive as to partnership shares)—

(a) in the heading, before “Partnership return” insert “ Section 12AA ”;

(b) in subsections (1), (3), (5), (7), (8), (9), (11) and (12), before every “partnership return” insert “ section 12AA ”.”

(3) After paragraph 43 insert—

“43A In section 227(7A)(b) (withdrawal etc of accelerated payment notice), before “partnership return” insert “ section 12AA ”.”

(4) In paragraph 46, at the end insert—

“(5) In paragraph 8(2)(aa) (withdrawal etc of partner payment notices), before “partnership return”, in both places, insert “ section 12AA ”.”