SCHEDULES

SCHEDULE 21 Self-assessment: time limits

The Taxes Act 1988

11

In section 392(5) of the Taxes Act 1988 (claim to be made within six years after the year of assessment in question)—

a

for “within six years after” there shall be substituted “ on or before the fifth anniversary of the 31st January next following ”; and

b

for “not later than six years after” there shall be substituted “ on or before the fifth anniversary of the 31st January next following ”.