PART 6RETURNS AND PAYMENTS
CHAPTER 1RETURNS
Adjustments
51Return as a result of later linked transaction
(1)
This section applies where the effect of a transaction (““the later transaction””) that is linked to an earlier transaction is that—
(a)
the earlier transaction becomes notifiable,
(b)
additional tax is chargeable in respect of the earlier transaction, or
(c)
tax is chargeable in respect of the earlier transaction where none was chargeable before.
(2)
The buyer in the earlier transaction must make a return in respect of that transaction.
(3)
A return made under this section must—
(a)
be made before the end of the period of 30 days beginning with the day after the effective date of the later transaction, and
(b)
include a self-assessment.
(4)
This section does not affect any requirement to make a return in respect of the later transaction.