# Finance Act 2020, Paragraph 48


(1) This paragraph applies where an appeal under paragraph 33 has been notified to the tribunal.
(2) If the tribunal decides that a relevant person is overcharged by a self-assessment or any other assessment, the assessment must be reduced accordingly.
(3) If the tribunal decides that a relevant person is undercharged to tax by a self-assessment or any other assessment, the assessment must be increased accordingly.
(4) In a case where neither sub-paragraph (2) or (3) apply, the assessment is to stand good.

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Source: https://www.legislation.gov.uk/ukpga/2020/14/schedule/8/paragraph/48 (the official version)
Page: https://openlegislation.uk/finance-act-2020/schedule-8/paragraph-48
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.