Taxation (International and Other Provisions) Act 2010 section 71

Regulations for purposes of paragraph 70(2) etc.

Section 71 gives HMRC the power to make regulations governing when and how a company is treated as having amended its company tax return, including the mechanics of delivering amended returns.

• HMRC can make regulations setting out general rules for when a company is treated as having amended its tax return under paragraph 70(2), and for other similar situations.
• The regulations can permit or require a company to deliver an amended company tax return for the relevant accounting period.
• The regulations can specify what amendments may or must be included in the return.
• The regulations can extend the normal deadline for delivering an amended return beyond the standard time limit that would otherwise apply.