Capital Allowances Act 2001 section 145

Requirement to notify where no entitlement to defer amounts

Section 145 requires a shipowner who has previously deferred a balancing charge on a ship to notify HMRC if circumstances arise meaning the shipowner was not entitled to defer all or part of that amount.

Access full legislation.And much more.

By becoming a member, your team gets full access to Tax World research tools and source-backed tax resources.