Valid from 01/04/2011
10U.K.In paragraph 18 (assessment), after sub-paragraph (4) insert—
“(5)A replacement assessment may be made in respect of a penalty if an earlier assessment operated by reference to an overestimate of the liability to tax which would have been shown in a return.”
Commencement Information
I1Sch. 10 para. 10 in force at 1.4.2011 and 6.4.2011 for specified purposes by S.I. 2011/703, art. 2
Sch. 10 para. 10 in force at 6.10.2011 for further specified purposes by S.I. 2011/2391, arts. 2(a), 3(1)