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Finance Act 2004

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Changes over time for: Section 255

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Version Superseded: 19/07/2011

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Point in time view as at 21/07/2009. This version of this provision has been superseded. Help about Status

Changes to legislation:

There are currently no known outstanding effects for the Finance Act 2004, Section 255. Help about Changes to Legislation

255Assessments under this PartU.K.

(1)The Board of Inland Revenue may by regulations make provision for and in connection with the making of assessments in respect of—

(a)the unauthorised payments charge,

(b)the unauthorised payments surcharge,

(c)liability to the lifetime allowance charge under section 217(2) (person to whom lump sum death benefit paid),

(d)the scheme sanction charge,

(e)liability under section 272 (trustees etc. liable as scheme administrator),

(f)liability under section 273 (member liable as scheme administrator), and

(g)liability under section 394 of ITEPA 2003 (benefit under employer-financed retirement benefits scheme: charge on responsible person).

(2)The provision that may be made by the regulations includes (in particular) provision for the charging of interest on tax due under such assessments which remains unpaid.

(3)The regulations may, in particular—

(a)modify the operation of any provision of the Tax Acts, or

(b)provide for the application of any provision of the Tax Acts (with or without modification).

Commencement Information

I1Ss. 160-274, 281, Schs. 30-35 in force at 6.4.2006 but any power to make an order or regulations under those provisions may be exercised at any time after Royal Assent, see s. 284

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