SCHEDULES

F1F1F2SCHEDULE 4A CREATIVE ARTISTS: RELIEF FOR FLUCTUATING PROFITS

Annotations:
Amendments (Textual)
F1

Sch. 4A repealed (6.4.2005 with effect in accordance with s. 883(1) of the repealing Act) by Income Tax (Trading and Other Income) Act 2005 (c. 5), Sch. 1 para. 342, Sch. 3 (with Sch. 2)

8Extension of time for making other claims

1

A claim by the taxpayer for relief under any other provision of the Income Tax Acts for either of the years to which an averaging claim relates (“the other claim”)—

a

is not out of time if made on or before the last date on which the averaging claim could have been made, and

b

if already made, may be amended or revoked on or before that date.

2

If the other claim is made by being included in a return, the reference in sub-paragraph (1)(b) to amending or revoking the claim shall be read as a reference to amending the return by amending or omitting the claim.