Modifications etc. (not altering text)
C1 See—1970(M) s.55—recovery of tax not in dispute.1970(M) s.87—interest on overdue ACT.1988 s.339—donations to charity.1988 s.341—payments of interest etc between related companies.1988 s.479—interest paid on deposits with banks etc. (but ceases to have effect as regards interest paid or credited on or after 6April 1991).1988 s.480A—relevant deposits: deduction of tax from interest payments.S.I. 1988 No.482 (in Part III Vol.5) regn. 7—Building Society Regulations.
C2Sch. 16 modified by S.I. 1991/512, reg.3
Sch. 16 excluded (22.3.1992) by S.I. 1992/569, reg. 13(2)(d)
Sch. 16 applied (with modifications) (24.9.1992) by S.I. 1992/2074, reg. 14(5)
Sch. 16 applied (with modifications) (1.10.1993) by S.I. 1993/2004, reg. 13(3)
C3Sch. 16 applied (with modifications) (1.7.1997) by The Manufactured Interest (Tax) Regulations 1997 (S.I. 1997/992), reg. 3
Marginal Citations
M1Source—1972 Sch.20
7A(1)If a company becomes aware—
(a)that anything which ought to have been included in a return made by it under this Schedule for any period has not been so included,
(b)that anything which ought not to have been included in a return made by it under this Schedule for any period has been so included, or
(c)that any other error has occurred in a return made by it under this Schedule for any period,
it shall forthwith supply to the collector an amended return for that period.
(2)The duty imposed by sub-paragraph (1) above is without prejudice to any duty that may also arise under paragraph 7A of Schedule 13.
(3)Where an amended return is supplied under this paragraph, all such assessments, adjustments, set-offs or payments or repayments of tax shall be made as may be required for securing that the resulting liabilities to tax (including interest on unpaid or overpaid tax) whether of the company or any other person are the same as they would have been if a correct return had been made.