49 Accounting for tax and time for payment.U.K.
Regulations may provide that a [F1registered person] shall—
(a)account for tax by reference to such periods (accounting periods) as may be determined by or under the regulations;
(b)make, in relation to accounting periods, returns in such form F2... and at such times as may be so determined;
(c)pay tax at such times and in such manner as may be so determined.
Textual Amendments
F1Words in s. 49 substituted (with effect in accordance with s. 42(2), Sch. 12 para. 29(1) of the amending Act) by Finance Act 2018 (c. 3), Sch. 12 para. 18
F2Words in s. 49(b) omitted (21.7.2009) by virtue of Finance Act 2009 (c. 10), Sch. 60 para. 12 (with Sch. 60 para. 13(3))