Paragraph 9 I1

In section 26(2) (duty to make returns), for paragraph (a) substitute—

“(a)

include—

(i)

an assessment of the amount of the levy payable in respect of the relevant period, and

(ii)

if liable persons are permitted under the VL scheme to which the return relates to deduct and retain an amount from the levy payable in respect of a chargeable transaction—

(A)

a statement of any amount (not exceeding the permitted deduction) that is to be deducted by the liable person from the amount of the levy payable in respect of the relevant period, and

(B)

a statement of the net amount of the levy payable in respect of the relevant period, being the amount referred to in sub-paragraph (i) less the amount to be deducted referred to in sub-sub-paragraph (A),”.