Taxes Management Act 1970 Schedule 1B paragraph 1

Preliminary

Schedule 1B paragraph 1 sets out the key definitions and interpretive rules that apply throughout Schedule 1B, which deals with claims and elections that affect more than one year of assessment.

• References to a "claim" in the Schedule include elections and notices
• A person's tax charge is calculated after deducting any relief or allowance being claimed
• Two or more claims by the same person are "associated" if the Schedule applies to each of them and they share the same earlier year of assessment
• Associated claims also include amendments and revocations covered by paragraph 4 of the Schedule