Part 2Income tax, corporation tax and capital gains tax

Chapter 9International matters

Double taxation relief: restrictions

88Self-assessment amendments

1

In section 9A of TMA 1970 (notice of enquiry), in subsection (4) (matters to which an enquiry extends) after paragraph (b) insert—

c

consideration of whether to give the taxpayer a notice under section 804ZA of the principal Act (schemes and arrangements designed to increase relief),

2

In section 29 of TMA 1970 (assessment where loss of tax discovered), after subsection (7) insert—

7A

The requirement to fulfil one of the two conditions mentioned above does not apply so far as regards any income or chargeable gains of the taxpayer in relation to which the taxpayer has been given, after any enquiries have been completed into the taxpayer's return, a notice under section 804ZA of the principal Act.

F13

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

4

In paragraph 42 of that Schedule (restrictions on power to make discovery assessment etc), after sub-paragraph (2) insert—

2A

Those restrictions, other than the restriction in paragraph 45, do not apply so far as regards any income or chargeable gains of the company in relation to which the company has been given, after any enquiries have been completed into the return, a notice under section 804ZA of the Taxes Act 1988.

5

The amendments made by this section have effect in accordance with section 87(3).