Part 4 Revenue Determination if No Return Delivered
Finance Act 2003 (2003 c 14) | Legislation

Part 4 Revenue Determination if No Return Delivered

Determination of tax chargeable if no return delivered

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(1)     If in the case of a chargeable transaction no land transaction return is delivered by the filing date, the Inland Revenue may make a determination (a “Revenue determinationâ€) to the best of their information and belief of the amount of tax chargeable in respect of the transaction.

(2)     Notice of the determination must be served on the purchaser, stating the date on which it is issued.

(3)     No Revenue determination may be made more than [4 years] after the effective date

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