SCHEDULES

C1C2C3C5C7C8C9C10 SCHEDULE 18 Company tax returns, assessments and related matters

Annotations:
Modifications etc. (not altering text)
C1

Sch. 18 restricted (31.7.1998) by 1988 c. 1, s. 754B(10) (as inserted (31.7.1998 with effect as mentioned in Sch. 17 para. 37 of 1998 c. 36) by 1998 c. 36, s. 113, Sch. 17 para. 11)

C3

Sch. 18 applied (20.7.2005) by Finance (No. 2) Act 2005 (c. 22), s. 61

C7

Sch. 18 excluded (17.7.2013) by Finance Act 2013 (c. 29), s. 210(6)(b)

C8

Sch. 18: power to amend conferred (12.2.2019) by Finance Act 2019 (c. 1), s. 87(5)(a)(6)

C9

Sch. 18 applied (with modifications) (22.7.2020) by Finance Act 2020 (c. 14), Sch. 16 para. 11(4) (with Sch. 16 para. 11(5))

C10

Sch. 18 applied (with modifications) (11.7.2023) by Finance (No. 2) Act 2023 (c. 30), s. 303(7)(8) (with s. 303(6))

Part IV Enquiry into company tax return

Scope of enquiry

C425

1

An enquiry into a company tax return extends to anything contained in the return, or required to be contained in the return, including—

a

any claim or election included in the return,

b

any amount that affects or may affect—

i

the tax payable by that company for another accounting period, or

ii

the tax liability of another company for any accounting period,

F1and also extends to consideration of whether to give the company F2a notice within sub-paragraph (3). But this is subject to the following limitation.

C62

If the notice of enquiry is given—

a

as a result of an amendment by the company of its return, and

b

at a time when it is no longer possible to give notice of enquiry under paragraph 24(2) or (3),

the enquiry into the return is limited to matters to which the amendment relates or which are affected by the amendment.

F33

A notice is within this sub-paragraph if it is—

a

a notice under section 184G or 184H of the Taxation of Chargeable Gains Act 1992 (avoidance involving capital losses),

b

a notice under section 81(2) of TIOPA 2010 (schemes and arrangements designed to increase relief), F4or

c

a transfer pricing notice under section 168(1) of TIOPA 2010 (provision not at arm's length: medium-sized enterprise), F5...

F5d

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .