Paragraph 29E Contents of transfer noticeF1

(1)

A transfer notice must contain the following information—

(a)

the name of the managed service company to which the relevant contributions debt relates;

(b)

the address of the managed service company to which the relevant contributions debt relates;

(c)

the amount of the relevant contributions debt;

(d)

the tax periods to which the relevant contributions debt relates;

(e)

if the tax periods to which the relevant contributions debt relates are comprised in more than one tax year, the apportionment of the relevant contributions debt among those tax years;

(f)

which of the conditions A to E specified in paragraph 29B is met;

(g)

the transferee’s name;

(h)

the transferee’s address;

(j)

whether the transferee is a person mentioned in paragraph (a), (b) or (c) of section 688A, a paragraph (b) associate or a paragraph (c) associate;

(k)

if the transferee is a person mentioned in paragraph (c) of section 688A or a paragraph (c) associate—

(i)

the date on which the officer of Revenue and Customs certified the matters specified in paragraph 29C(7), and

(ii)

the names of the persons from whom it has been impracticable to recover the specified amount;

(l)

the specified amount;

(m)

the tax periods to which the specified amount relates;

(n)

if the tax periods to which the specified amount relates are comprised in more than one tax year, the apportionment of the specified amount among those tax years;

(o)

the address to which payment must be sent;

(p)

the address to which an appeal must be sent.

(2)

The transfer notice may specify the lower amount if HM Revenue and Customs are prepared to accept the lower amount from the transferee.

(3)

The transfer notice must also contain a statement, made by the officer of Revenue and Customs serving the notice, that in his opinion the specified amount is irrecoverable from the managed service company within a reasonable period.

Annotations

Textual amendments

F1: Sch. 4 Pt. 3A inserted (6.8.2007) by The Social Security (Contributions) (Amendment No. 5) Regulations 2007 (S.I. 2007/2068), regs. 1, 2

Notes on the whole SI

Textual amendments

F1: See sections 3(2) and (5), 4(5) and (6), 116, 117, 118, 119 and 120 of the Social Security Contributions and Benefits Act 1992 (c. 4) (“the Act”) as amended respectively by paragraphs 3, 4, 22, 23, 24, 25 and 26 of Schedule 3 to the Social Security Contributions (Transfer of Functions, etc.) Act 1999 (c. 2) (“the Transfer Act”). The functions of the Department of Health and Social Services for Northern Ireland under the Social Security Contributions and Benefits (Northern Ireland) Act 1992 (c. 7) and the Social Security Administration (Northern Ireland) Act 1992 (c. 8) were transferred to the Department for Social Development by Article 8(b) of and Part II of Schedule 6 to the Departments (Transfer and Assignment of Functions) Order (Northern Ireland) 1999 (S.R. 1999 No. 481).
F2: See section 176(2)(b) of the Act.

Notes on Schedule 4

Textual amendments

F1: Sch. 4 heading substituted (6.4.2004) by The Social Security (Contributions, Categorisation of Earners and Intermediaries) (Amendment) Regulations 2004 (S.I. 2004/770), regs. 1(1), 29(2)