SCHEDULES

SCHEDULE 1Bank payroll tax

Part 2Collection and management of tax

Failure to include self-assessment

20

(1)

If a taxable company delivers a bank payroll tax return but fails to include a self-assessment, HMRC may make the assessment on the company's behalf on the basis of the information contained in it.

(2)

The assessment is treated for the purposes of this Schedule as a self-assessment and as included in the return.