Finance Act 2008 (c. 9)

SCHEDULES

SCHEDULE 39 U.K. Time limits for assessments, claims etc.

ITTOIA 2005 U.K.

50 U.K. ITTOIA 2005 is amended as follows.

51 U.K. In section 301(3) (claims for repayment of tax payable in connection with sale with right to reconveyance), for “6 years” substitute “ 4 years ”.

52 U.K. In section 302(3) (claims for repayment of tax payable in connection with sale and leaseback transactions), for “6 years” substitute “ 4 years ”.

53 U.K. In section 840A(1) (claims for relief for backdated pensions charged on arising basis) (inserted by Schedule 7 to this Act), for “on or before the fifth anniversary of the normal self-assessment filing date for” substitute “ not more than 4 years after the end of ”.