SCHEDULES
SCHEDULE 51Withdrawal of notice to file etc
2TMA 1970
1
Section 7 (notice of liability to income tax and capital gains tax) is amended as follows.
2
In subsection (1)—
a
for paragraph (b) substitute—
b
falls within subsection (1A) or (1B),
b
for “six months from the end of that year” substitute “the notification period”.
3
After subsection (1) insert—
1A
A person falls within this subsection if the person has not received a notice under section 8 requiring a return for the year of assessment of the person’s total income and chargeable gains.
1B
A person falls within this subsection if the person—
a
has received a notice under section 8 requiring a return for the year of assessment of the person’s total income and chargeable gains, and
b
has received a notice under section 8B withdrawing the notice under section 8.
1C
In subsection (1) “the notification period” means—
a
in the case of a person who falls within subsection (1A), the period of 6 months from the end of the year of assessment, or
b
in the case of a person who falls within subsection (1B)—
i
the period of 6 months from the end of the year of assessment, or
ii
the period of 30 days beginning with the day after the day on which the notice under section 8 was withdrawn,
whichever ends later.
4
In subsection (2), for the words from “shall have effect” to the end substitute “and subsections (1A) to (1C) have effect as if references to a notice under section 8 were references to a notice under section 8A.”