{
  "url": "https://openlegislation.uk/income-tax-act-2007/section-257SB",
  "json_url": "https://openlegislation.uk/income-tax-act-2007/section-257SB.json",
  "legislation": "ukpga/2007/3",
  "legislation_title": "Income Tax Act 2007",
  "legislation_url": "https://openlegislation.uk/income-tax-act-2007",
  "path": "section/257SB",
  "kind": "section",
  "number": "257SB",
  "heading": "Time limits for assessments",
  "text": "(1) An officer of Revenue and Customs may—\n(a) make an assessment for withdrawing or reducing the SI relief attributable to whole or any part of the investment, or\n(b) give a notice under section 257QS(3)(b),\nat any time not more than 6 years after the end of the relevant tax year.\n(2) In subsection (1) “the relevant tax year” means—\n(a) the tax year containing the end of the 28 months beginning with the investment date, or\n(b) if later, the tax year in which occurs the event which causes the SI relief to be withdrawn or reduced.\n(3) Subsection (1) is without prejudice to section 36(1A) of TMA 1970 (loss of tax brought about deliberately etc).",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "F",
      "label": "F1",
      "text": "Pt. 5B inserted (17.7.2014) by Finance Act 2014 (c. 26), Sch. 11 para. 1"
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/ukpga/2007/3/section/257SB",
    "retrieved_at": "2026-10-29T09:13:03.599581+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."
}