A4.214 Claims following further assessments—income tax and capital gains tax
Where HMRC makes an assessment to income tax or capital gains tax following a discovery that tax has been underpaid1, and the underpayment is not attributable to a careless or deliberate action (before 1 April 2010 to the taxpayer's fraud or negligence), a 'relevant' claim or election may be made (or a previous claim or election may be withdrawn or amended) within one year of the end of the chargeable period in which the assessment was made2.
A claim or election is 'relevant' in relation to an assessment if:
- Ìý
•ÌýÌýÌýÌý it relates
To continue reading
View the latest version of this document, as well as thousands of others like it, sign in to TolleyLibrary or register for a free trial
Web page updated on 24 Aug 2024 14:36