Taxes Management Act 1970 Schedule 3ZA paragraph 9

Amendment consequential on amendment of partnership return to prevent loss of tax

Paragraph 9 deals with the payment deadline that applies when HMRC amends a partnership return to prevent a loss of tax, and a partner's personal or trustee self-assessment is consequently adjusted.

• Applies where HMRC amends a partnership return to prevent loss of tax, triggering a consequential change to a partner's own self-assessment
• The consequential amendment may result in additional tax being payable by the partner, or a repayment being due to the partner
• Any tax payable or repayable must be settled within 30 days of the date the notice of the consequential amendment was issued
• The deadline is specifically the day after the end of the 30-day period starting on the day the notice was given