9(1)Paragraph 11 (assessment) is amended as follows.U.K.
(2)In sub-paragraph (4), for “unpaid tax” substitute “ tax which was due or payable ”.
(3)After sub-paragraph (4) insert—
“(4A)A replacement assessment may be made in respect of a penalty if an earlier assessment operated by reference to an overestimate of an amount of tax which was due or payable.”
Commencement Information
I1Sch. 11 para. 9 partly in force; Sch. 11 para. 9 not in force at Royal Assent see s. 27(2); Sch. 11 para. 9 in force at 6.4.2011 for certain purposes by S.I. 2011/703, art. 3
I2Amendments made by Sch. 11 para. 9 in force at 1.4.2022 for specified purposes by Finance Act 2021 (c. 26), Sch. 15 para. 5(2)