SCHEDULE 13A Surrenders of advance corporation tax
Standard provisions about enquiries into self-assessments
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(1)
The standard provisions about enquiries into self-assessments F1. . . are as follows.
(2)
An officer of the Board may, at any time before the end of the period of one year beginning with the day on which the self-assessment is received, give notice of his intention to enquire into the self-assessment.
(3)
The officer’s enquiries shall end on such day as he by notice—
(a)
informs the company that he has completed his enquiries, and
(b)
states his conclusions as to the amount of tax which should be contained in the company’s self-assessment.
(4)
At any time in the period of 30 days beginning with the day on which the enquiries end, the company may amend its self-assessment so as to make good any deficiency or eliminate any excess in the amount of tax contained in the self-assessment.
(5)
At any time in the period of 30 days beginning immediately after the period mentioned in sub-paragraph (4) above, the officer may by notice to the company amend the company’s self-assessment so as to make good any deficiency or eliminate any excess in the amount of tax contained in the self-assessment.
(6)
The provisions of the Management Act apply to an amendment of a self-assessment under sub-paragraph (5) above as they apply to F2an amendment of a company tax return under paragraph 34(2) of Schedule 18 to the Finance Act 1998.
(7)
At any time before a notice is given under sub-paragraph (3) above, the company may apply for a direction that the officer shall give such a notice within such period as may be specified in the direction.
(8)
Subject to sub-paragraph (9) below, an application under sub-paragraph (7) above shall be heard and determined in the same way as an appeal F3. . . .
(9)
The Commissioners hearing an application under sub-paragraph (7) above shall give the direction applied for unless they are satisfied that the officer has reasonable grounds for not giving the notice.