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Home / De-Voil / Part V5 Compliance, enforcement and appeals / Division V5.1 Returns, payments and repayments / ±Ê²¹²â³¾±ð²Ô³Ù—a²õ²õ±ð²õ²õ³¾±ð²Ô³Ù²õ / V5.136A Time limit for making a VAT assessment—categories of assessment
Commentary

V5.136A Time limit for making a VAT assessment—categories of assessment


Part V5 Compliance, enforcement and appeals

For the circumstances under which HMRC may assess VAT, see V5.132.

The time limits within which HMRC may assess for each category of assessment are set out below. These limits are extended to 20 years in certain cases (broadly, those involving dishonesty); see V5.136B.

Assessment made under VATA 1994, s 73(1) (incorrect returns; failure to make returns, keep documents or afford verification facilities), s 73(2) (repayment or credit not due) or s 73(3) (cancellation of registration)

An assessment may not be made after the later of1:

  1. Ìý

    •ÌýÌýÌýÌý two years after the end of the prescribed accounting period concerned2, or

  2. Ìý

    •ÌýÌýÌýÌý one year after evidence of facts sufficient in the opinion of HMRC to justify the making of the assessment comes to their knowledge3

Example

X

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