Part 3Income tax, corporation tax and capital gains tax

Other income tax measures

66Charge on benefits received by former owner of property: late elections

1

In paragraph 23 of Schedule 15 to FA 2004 (charge to income tax on benefits received by former owner of property), for sub-paragraphs (3) and (4) substitute—

3

The election must be made on or before—

a

the relevant filing date, or

b

such later date as an officer of Revenue and Customs may, in a particular case, allow.

2

The amendment made by subsection (1) is deemed to have come into force on 21st March 2007.