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HMRC internal manual

COTAX Manual

From
HM Revenue & Customs
Updated
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Claims / reliefs: CTSA claims frameworks: legislation

The table below gives a brief explanation of what the legislation relevant to this subject contains

Section Explanation
   
39 F(No2)A 1997 Amends S393A ICTA 1988, so that losses arising in APs ending on or after 02/07/1997, may only be carried back for a period of one year
40 F(No2)A 1997 Amends 83(2) FA 1996, so that non trading deficits arising in APs ending on or after 02/07/1997, may only be carried back for a period of one year
Para 9 Sch 18 FA 1998 Claims that cannot be made without a return
Para 10 Sch 18 FA 1998 Other claims and elections to be included in a return
Para 16 Sch 18 FA 1998 Enables the Revenue to correct obvious errors or omissions in a company’s tax return
Para 24 Sch 18 FA 1998 Notice of enquiry
Para 25(1) Sch 18 FA 1998 Enquiry extends to anything in the return, including claims
Para 31 Sch 18 FA 1998 Amendment of return by company during enquiry
Para 54 Sch 18 FA 1998 Claims must be quantified at the time the claim is made
Para 55 Sch 18 FA 1998 General time limit for making claims
Para 56 Sch 18 FA 1998 Supplementary claim or election to rectify mistakes
Para 57 Sch 18 FA 1998 Claims or elections affecting a single AP
Para 58 Sch 18 FA 1998 Claims or elections involving more than one AP
Para 59 Sch 18 FA 1998 Other claims and elections
S 42 TMA 1970 Procedure for making claims
S 43 TMA 1970 Time limit for making claims
Schedule 1A TMA 1970 Claims and so on, not included in returns
S 6(2) ICTA 1988 Exclusion of certain companies from income tax
Schedule 19AB ICTA 1988 Pension business - payments on account of tax credits and deducted tax