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HMRC internal manual

COTAX Manual

CT Pay and File: assessments: legislation

The following legislation applies when making assessments. The table below gives a brief explanation of what the legislation relevant to this subject contains.

Legislation Explanation
11 TMA 1970 Specifies the form and content of the CT Pay and File return to be submitted for CT purposes.
29 (1) (a) TMA 1970 Power to make an assessment.
29(1)(b) TMA 1970 Power to make a further assessment when an assessment to tax is or has become insufficient.
34(1) TMA 1970 Applies a six year time limit for making an assessment.
41A TMA 1970 Allows a Technical Caseworker to make a determination of losses or certain amounts surrenderable as group relief, in respect of an AP that ends before 1 July 1999.
51 TMA 1970 Gives the Tribunal the power to call for information and documents they require to settle an appeal from a company.
10(1) ICTA 1988 Lays down the time limits for payment of tax.
13 ICTA 1988 Contains the rules for charging CT at the small profits rate.
342 ICTA 1988 Deals with assessments on companies after winding up proceedings have begun.
Sch 13 ICTA 1988 Lays down the rules for collection of ACT.
Sch 16 ICTA 1988 Lays down the rules for collection of IT on company payments which are not distributions.
Para 10 SchA1 CAA 1990 Allows a caseworker to make or amend assessments to give effect to claims, or the withdrawal of claims to capital allowances.
Para 11 SchA1 CAA 1990 Lets a caseworker allow a claim or give effect to the withdrawal of a claim, to capital allowances when the provisions of S41A TMA 1970 apply.
Para 6 Sch 18 FA 1998 Allows a CTSA return notice to be effective for a period beginning before the appointed day (01/07/1999).