{
  "url": "https://openlegislation.uk/finance-act-2013/schedule-50/paragraph-7",
  "json_url": "https://openlegislation.uk/finance-act-2013/schedule-50/paragraph-7.json",
  "legislation": "ukpga/2013/29",
  "legislation_title": "Finance Act 2013",
  "legislation_url": "https://openlegislation.uk/finance-act-2013",
  "path": "schedule/50/paragraph/7",
  "kind": "paragraph",
  "number": "7",
  "heading": null,
  "text": "In paragraph 18 (assessment), for sub-paragraph (5) substitute—\n“(5) Sub-paragraph (6) applies if—\n(a) an assessment in respect of a penalty is based on a liability to tax that would have been shown in a return, and\n(b) that liability is found by HMRC to be excessive.\n(6) HMRC may by notice to P amend the assessment so that it is based upon the correct amount.\n(7) An amendment under sub-paragraph (6)—\n(a) does not affect when the penalty must be paid;\n(b) may be made after the last day on which the assessment in question could have been made under paragraph 19.”",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/ukpga/2013/29/schedule/50/paragraph/7",
    "retrieved_at": "2026-10-29T09:08:06.076240+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}