PART 3TAX RETURNS, ENQUIRIES AND ASSESSMENTS

CHAPTER 3TAX RETURNS

Amendment and correction of tax returns

41Amendment of tax return by taxpayer

1

A person who has made a tax return may amend it by giving notice to WRA.

2

An amendment under this section must be made before the end of the period of 12 months beginning with the relevant date (referred to in section 42 as the “amendment period”).

3

The relevant date is—

a

the filing date, or

b

such other date as the Welsh Ministers may by regulations prescribe.

4

This section is subject to sections 45(3) and 50.

42Correction of tax return by WRA

1

WRA may correct any obvious error or omission in a tax return.

2

A correction under this section—

a

is made by issuing a notice to the person who made the tax return, and

b

is regarded as effecting an amendment of the tax return.

3

The reference in subsection (1) to an error includes, for instance, an arithmetical mistake or an error of principle.

4

A correction under this section must be made before the end of the period of 9 months beginning with the day on which the tax return was made.

5

A correction under this section has no effect if the person who made the tax return rejects it by—

a

during the amendment period, amending the tax return so as to reject the correction, or

b

after that period, giving a notice rejecting the correction.

6

A notice under subsection (5)(b) must be given to WRA before the end of the period of 3 months beginning with the day on which the notice of correction is issued.