SCHEDULES

SCHEDULE 18Accelerated payments: group relief

6Amendments of Part 4 of FA 2014

1

Section 223 (effect of notice given while tax enquiry is in progress) is amended as follows.

2

For subsection (1) substitute—

1

This section applies where—

a

an accelerated payment notice is given by virtue of section 219(2)(a) (notice given while a tax enquiry is in progress) (and not withdrawn), and

b

an amount is stated in the notice in accordance with section 220(2)(b).

3

In subsection (2), for “the amount specified in the notice in accordance with section 220(2)(b)” substitute “that amount”.

4

Accordingly, in the heading for that section after “progress” insert “: accelerated payment”.