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This is the original version (as it was originally made). This item of legislation is currently only available in its original format.
32.—(1) Section 135 of TCMA (potential lost revenue: normal rule) is amended as follows.
(2) In subsection (1), after “devolved tax” insert “or tax credit”.
(3) In subsection (2)—
(a)omit the “and” after paragraph (a);
(b)at the end of paragraph (b) insert
“and
(c)an amount which WRA would have been required to set off against a person’s liability to tax, or to pay to a person, had the inaccuracy or under-assessment not been corrected.”
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