SCHEDULES

SCHEDULE 18U.K. Company tax returns, assessments and related matters

Part IVU.K. Enquiry into company tax return

Completion of enquiryU.K.

32[F1(1)Any matter to which an enquiry relates is completed when an officer of Revenue and Customs informs the company by notice (a “partial closure notice”) that they have completed their enquiries into that matter.U.K.

(1A)An enquiry is completed when an officer of Revenue and Customs informs the company by notice (a “final closure notice”)—

(a)in a case where no partial closure notice has been given, that they have completed their enquiries, or

(b)in a case where one or more partial closure notices have been given, that they have completed their remaining enquiries.

(1B)A partial or final closure notice takes effect when it is issued.]

(2)If [F2an officer of Revenue and Customs] [F3concludes] [F4in a partial or final closure notice] that the return was a return for the wrong period, the closure notice must designate the accounting period for which a return should have been made (specifying the dates on which the period begins and ends).

(3)If there is more than one accounting period ending in or at the end of the period specified in the notice requiring a return, the closure notice shall only designate the first of those accounting periods for which no return has been delivered.

Paragraph 35 provides for a return to be delivered for any other outstanding accounting period.

[F5(4)In the Taxes Acts, references to a closure notice under this paragraph are to a partial or final closure notice under this paragraph.]