Corporation Tax Act 2009 section 1217EC

Time limit for amendments and assessments

Section 1217EC allows HMRC and companies to make changes to tax returns and assessments outside the normal time limits, where this is necessary to give effect to the orchestra tax relief rules.

• Normal time limits for amending tax returns or raising assessments can be overridden
• This override applies only where changes are needed to implement the orchestra tax relief rules in Chapter 5
• The provision ensures that neither HMRC nor the company is prevented from making necessary adjustments simply because a deadline has passed
• This is a procedural safeguard to ensure the orchestra tax relief regime works as intended