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HMRC internal manual

Excise Assessments Interim Guidance

HM Revenue & Customs
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Recovering excess repayments made by HMRC: assessments for overpayments of interest

Finance Act 1997 paragraph 15 of Schedule 5 allows a best judgement assessment to be made to recover any amount paid by way of interest

  • on an overpayment of air passenger duty, or
  • in relation to a case involving delay or error by HMRC (part II of Schedule 3 to the Finance Act 2001).

Time limits for Finance Act 1997 Schedule 5 paragraph 15 assessments

As with assessments under paragraph 14 of Schedule 5, a two-year time limit applies to assessments made under paragraph 15. For more information see time limits for Finance Act 1997 Schedule 5 paragraph 14 assessments.