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Finance Act 1985
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- UK Public General Acts
- 1985 c. 54
- SCHEDULE 7
- Paragraph 1
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Changes over time for: Paragraph 1
Version Superseded: 01/09/1994
Alternative versions:
- 01/02/1991- Amendment
- 01/05/1993
Point in time - Stop date 01/09/1994- Amendment
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Point in time view as at 01/05/1993. This version of this provision has been superseded.
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1(1). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . F1
(2)In subparagraph (6) (assessment on failure to prove availability or loss or destruction of goods) after the words “supplied by him” there shall be inserted “or have been exported from the United Kingdom otherwise than by way of supply”.
(3)After subparagraph (6) of that paragraph there shall be inserted the following subparagraph—
“(6A)In any case where,—
(a)as a result of a person’s failure to make a return for a prescribed accounting period, the Commissioners have made an assessment under subparagraph (1) above for that period, and
(b)the tax assessed has been paid but no proper return has been made for the period to which the assessment related, and
(c)as a result of a failure to make a return for a later prescribed accounting period, being a failure by the person referred to in paragraph (a) above or a person acting in a representative capacity in relation to him, as mentioned in subparagraph (4) above, the Commissioners find it necessary to make another assessment under subparagraph (1) above,
then, if the Commissioners think fit, having regard to the failure referred to in paragraph (a) above, they may specify in the assessment referred to in paragraph (c) above an amount of tax greater than that which they would otherwise have considered to be appropriate.”
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