SCHEDULES
SCHEDULE 29 AMENDMENTS TO MACHINERY OF SELF-ASSESSMENT
Part 5 MINOR AND CONSEQUENTIAL AMENDMENTS
24
1
Section 30B of the Taxes Management Act 1970 (amendment of partnership statement where loss of tax discovered) is amended as follows.
2
In subsection (1) for “amend the statement” substitute “
amend the partnership return
”
.
3
For subsection (2) substitute—
2
Where a partnership return is amended under subsection (1) above, the officer shall by notice to each of the relevant partners amend—
a
the partner’s return under section 8 or 8A of this Act, or
b
the partner’s company tax return,
so as to give effect to the amendments of the partnership return.
4
In subsections (6)(a) and (7)(b) for “return under section 12AA of this Act” substitute “
partnership return
”
.