SCHEDULES
SCHEDULE 10Stamp duty land tax: returns, enquiries, assessments and appeals
Part 4Revenue determination if no return delivered
Determination superseded by actual self-assessment
27
1
If after a Revenue determination has been made the purchaser delivers a land transaction return in respect of the transaction, the self-assessment included in that return supersedes the determination.
2
Sub-paragraph (1) does not apply to a return delivered—
a
more than six years after the day on which the power to make the determination first became exercisable, or
b
more than twelve months after the date of the determination,
whichever is the later.
3
Where—
a
proceedings have been begun for the recovery of any tax charged by a Revenue determination, and
b
before the proceedings are concluded the determination is superseded by a self-assessment,
the proceedings may be continued as if they were proceedings for the recovery of so much of the tax charged by the self-assessment as is due and payable and has not been paid.