(1)Section 11 of the [1970 c. 9.] Taxes Management Act 1970 (return of profits) shall be amended as follows.
(2)In subsection (1), for the words from “the profits” to the end there shall be substituted the words “such information as may be required in pursuance of the notice together with such accounts, statements and reports as may be so required.
(1A)The information which a company may be required to supply under this section is information which is relevant to the application of the Corporation Tax Acts to the company; and the accounts, statements and reports which a company may be so required to supply are accounts, statements and reports which are so relevant.”
(3)In subsection (2), for the words “of profits and losses arising in” there shall be substituted the word “for”.
(4)In subsection (3) (return to include declaration that return is correct and complete)—
(a)after the word “declaration” there shall be inserted the words “by the person making the return”; and
(b)after the word “is” there shall be inserted the words “to the best of his knowledge”.
(6)In subsection (8), the words from “or different” to the end shall be omitted.
(7)The following subsection shall be inserted after subsection (8)—
“(8A)A return under this section shall be amended by the company delivering to the inspector a document in such form, containing such information and accompanied by such statements as the Board may require.”
(8)Subsection (4) above shall apply with respect to any notice served on or after the day on which this Act is passed.
(9)Subsections (2), (3) and (5) to (7) above shall apply with respect to any notice served after the day appointed for the purposes of section 82 of the [1987 c. 51.] Finance (No.2) Act 1987.