Section 49 Accounting for tax and time for payment.
United Kingdom
Regulations may provide that a F1registered person shall—
(a)
account for tax by reference to such periods (accounting periods) as may be determined by or under the regulations;
(b)
make, in relation to accounting periods, returns in such form F2... and at such times as may be so determined;
(c)
pay tax at such times and in such manner as may be so determined.
Annotations
Textual amendments
- F1
Words in s. 49 substituted (with effect in accordance with s. 42(2), Sch. 12 para. 29(1) of the amending Act) by Finance Act 2018 (c. 3), Sch. 12 para. 18
- F2
Words in s. 49(b) omitted (21.7.2009) by virtue of Finance Act 2009 (c. 10), Sch. 60 para. 12 (with Sch. 60 para. 13(3))