Modifications etc. (not altering text)
C1Pt. 4 (ss. 29-43B) applied (with modifications) (6.4.1993) by The Income Tax (Sub-contractors in the Construction Industry) Regulations 1993 (S.I. 1993/743), reg. 14(2) (revoked (6.4.2007) by S.I. 2005/2045, Sch. 2)
C2Pt. 4 applied (with modifications) by The Income Tax (Employments) Regulations 1993 (S.I. 1993/744), reg. 49(7) (as amended (19.8.1999) by The Income Tax (Employments) (Amendment No. 3) Regulations 1999 (S.I. 1999/2155), regs. 1(1), 7)
C3Pt. 4 applied (with modifications) (E.W.) (1.4.2000) by Education (Student Loans) (Repayment) Regulations 2000 (S.I. 2000/944), regs. 1(1), 20(1), 45(4)
C4Pt. 4 applied (with modifications) (N.I.) (1.4.2000) by The Education (Student Loans) (Repayment) Regulations (Northern Ireland) 2000 (S.R. 2000/121), regs. 1, 20(1), 45(4)
C5Pt. IV applied (with modifications) (6.4.2000) by The Tax Credits (Payment by Employers) Regulations 1999 (S.I. 1999/3219), regs. 1, 12(5)
(1)This section applies where, in the case of a trade, profession or business carried on by two or more persons in partnership, those persons allege that the tax charged by self-assessments of theirs F3... was excessive by reason of some error or mistake in a [F4partnership return].
(2)One of those persons (the representative partner) may, not later than five years after the filing date, by notice in writing make a claim to the Board for relief.
(3)On receiving the claim the Board shall inquire into the matter and shall, subject to subsection (5) below, so amend the [F5partnership return] so as to give such relief in respect of the error or mistake as is reasonable or just.
[F6(4)Where a partnership return is amended under subsection (3) above, the Board shall by notice to each of the relevant partners amend—
(a)the partner’s return under section 8 or 8A of this Act, or
(b)the partner’s company tax return,
so as to give effect to the amendments of the partnership return.]
(5)No relief shall be given under this section in respect of an error or mistake as to the basis on which the liability of the partners ought to have been computed where the [F7partnership return] was in fact made on the basis or in accordance with the practice generally prevailing at the time when it was made.
(6)In determining the claim the Board—
(a)shall have regard to all the relevant circumstances of the case, and
(b)in particular shall consider whether the granting of relief would result in the exclusion from charge to tax of any part of the profits of any of the partners;
and for the purposes of this subsection the Board may take into consideration the liability of the partners and their self-assessments in respect of chargeable periods other than that to which the claim relates.
(7)If any appeal is brought from the decision of the Board on the claim, the Special Commissioners shall hear and determine the appeal in accordance with the principles to be followed by the Board in determining claims under this section.
[F8(8)Subject to subsection (8A) below, the determination of the Special Commissioners of an appeal under subsection (6) above shall be final and conclusive (notwithstanding any provision having effect by virtue of section 56B of this Act).
(8A)Subsection (8) above does not apply in relation to a point of law arising in connection with the computation of profits.]
(9)In this section—
“filing date” has the same meaning as in section 12AC of this Act;
“profits” has the same meaning as in section 33 of this Act;
“relevant partner” means a person who was a partner at any time during the period in respect of which the [F9partnership return] was made.
(10)Any reference in this section to the representative partner includes, unless the context otherwise requires, a reference to any successor of his.]
Textual Amendments
F1S. 33A inserted (with effect in accordance with s. 199(2)(3) of the amending Act) by Finance Act 1994 (c. 9), Sch. 19 para. 9; S.I. 1998/3173, art. 2
F2Words in s. 33A sidenote substituted (with effect in accordance with s. 88(3) of the amending Act) by Finance Act 2001 (c. 9), Sch. 29 para. 25(2)
F3Words in s. 33A(1) repealed (with effect in accordance with s. 117(4)(5) of the amending Act) by Finance Act 1998 (c. 36), Sch. 19 para. 16(2), Sch. 27 Pt. 3(28); S.I. 1998/3173, art. 2
F4Words in s. 33A(1) substituted (with effect in accordance with s. 88(3) of the amending Act) by Finance Act 2001 (c. 9), Sch. 29 para. 25(2)
F5Words in s. 33A(3) substituted (with effect in accordance with s. 88(3) of the amending Act) by Finance Act 2001 (c. 9), Sch. 29 para. 25(2)
F6S. 33A(4) substituted (with effect in accordance with s. 88(3) of the amending Act) by Finance Act 2001 (c. 9), Sch. 29 para. 25(3)
F7Words in s. 33A(5) substituted (with effect in accordance with s. 88(3) of the amending Act) by Finance Act 2001 (c. 9), Sch. 29 para. 25(2)
F8S. 33A(8)(8A) substituted for s. 33A(8) (with effect in accordance with Sch. 22 para. 12 of the amending Act) by Finance Act 1996 (c. 8), Sch. 22 para. 5
F9Words in s. 33A(9) substituted (with effect in accordance with s. 88(3) of the amending Act) by Finance Act 2001 (c. 9), Sch. 29 para. 25(2)