Regulation 6 Amendment of assessment time limit

In section 357YQ (assessment of tax chargeable on restitution interest), after subsection (1) insert—

“(1A)

An assessment under this section may be made at any time before the later of—

(a)

the end of the period of 2 years after the end of the accounting period in which Condition B in section 357YC is met, and

(b)

the end of any period within which the assessment may otherwise be made under any other provision of the Taxes Acts (within the meaning of section 118(1) of TMA 1970).”.