Finance (No. 2) Act 2017

TMA 1970

12 (1) Section 28A (completion of enquiry into personal, trustee or NRCGT return) is amended as follows.

(2) For subsection (1) substitute—

“(1) This section applies in relation to an enquiry under section 9A(1) or 12ZM of this Act.

(1A) Any matter to which the enquiry relates is completed when an officer of Revenue and Customs informs the taxpayer by notice (a “partial closure notice”) that the officer has completed his enquiries into that matter.

(1B) The enquiry is completed when an officer of Revenue and Customs informs the taxpayer by notice (a “final closure notice”) —

(a) in a case where no partial closure notice has been given, that the officer has completed his enquiries, or

(b) in a case where one or more partial closure notices have been given, that the officer has completed his remaining enquiries.”

(3) In subsection (2)—

(a) for “closure notice” substitute “partial or final closure notice”;

(b) for “either” substitute “state the officer’s conclusions and”.

(4) In subsections (3) and (4), for “closure notice” substitute “partial or final closure notice”.

(5) In subsection (6), for “a closure notice” substitute “the partial or final closure notice”.

(6) After subsection (6) insert—

“(7) In this section “the taxpayer” means the person to whom notice of enquiry was given.

(8) In the Taxes Acts, references to a closure notice under this section are to a partial or final closure notice under this section.”