Corporation Tax Act 2009 section 1216

Time limit for amendments and assessments

Section 1216 allows amendments or assessments required by the relevant Chapter to be made even if the normal time limits for making such changes have expired.

• Normal time limits for amending tax returns or raising assessments do not apply where changes are required by this Chapter
• This ensures that corrections needed to give effect to the Chapter's rules can always be carried out
• The provision overrides the usual statutory deadlines that would otherwise prevent HMRC or the taxpayer from making amendments or assessments
• This safeguard exists because the adjustments required by this Chapter may only become necessary after the standard filing and assessment windows have closed