SCHEDULES

SCHEDULE 18U.K. Company tax returns, assessments and related matters

Modifications etc. (not altering text)

C1Sch. 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)

C3Sch. 18 applied (20.7.2005) by Finance (No. 2) Act 2005 (c. 22), s. 61

Part XU.K. Special provisions

Choice between different Cases of Schedule DU.K.

84[F1(1)This paragraph applies where amounts may be brought into charge to tax either—U.K.

(a)in computing profits chargeable to tax under Case I of Schedule D, or

(b)as amounts within Case III or V of that Schedule.]

(4)Where this paragraph applies, [F2an officer of Revenue and Customs] may by notice require a company—

(a)to produce to [F3him] such documents in the company’s power or possession, and

(b)to provide [F3him] with such information, in such form,

as [F3he] may reasonably require for the purpose of determining which basis of charge is to be used for an accounting period.

The provisions of paragraphs 27 to 29 (notice to produce documents, etc. for purposes of enquiry: supplementary provisions and penalty) apply in relation to such a notice.

(5)A determination by [F2an officer of Revenue and Customs] under this paragraph is final and conclusive as to the basis of charge to be used for the accounting period concerned.

Textual Amendments

F1Sch. 18 para. 84(1) substituted for Sch. 18 para. 84(1)-(3) (with effect in accordance with s. 39(2) of the amending Act) by Finance Act 2007 (c. 11), Sch. 8 para. 21 (with Sch. 8 Pt. 2)