Taxation (International and Other Provisions) Act 2010 section 178

Meaning of "return" in sections 176 and 177

Section 178 defines what counts as a "return" for the purposes of the rules in sections 176 and 177, which govern the conditions and time limits for making transfer pricing compensation claims.

• A "return" includes any return required under the Taxes Management Act 1970 or Schedule 18 to the Finance Act 1998 for income tax or corporation tax purposes.
• A "return" also includes any voluntary amendment made to such a return by the taxpayer.
• A voluntary amendment for individuals, trustees or partnerships means an amendment made by the taxpayer under sections 9ZA or 12ABA of the Taxes Management Act 1970.
• For companies, a voluntary amendment means an amendment under Schedule 18 to the Finance Act 1998, but only where it is not made in response to a relevant notice from HMRC (as defined in section 190).