CH56900 - Assessing Time Limits: Tables of time limits for relevant taxes: Stamp Duty Land Tax
1a. Assessment
Assessment on a person in a case involving loss of tax brought about with no careless or deliberate behaviour.
Time Limit
4 years after the effective date of the transaction.
Legislation
FA03/SCH10/PARA31(1) as amended by FA09/SCH51/PARA15(5).
1b. Assessment
Assessment of an amount due from a person in a case involving a loss of tax brought about carelessly by the purchaser or by another person acting on the purchaser바카라 사이트™s behalf, or a person who was a partner of the purchaser at the relevant time.
Time Limit
6 years after the effective date of the transaction.
Legislation
FA03/SCH10/PARA31(2) as amended by FA09/SCH51/PARA15(6)
1c. Assessment
Assessment of an amount due from a person in a case involving a loss of tax brought about deliberately by the purchaser or by another person acting on the purchaser바카라 사이트™s behalf, or a person who was a partner of the purchaser at the relevant time.
Time Limit
20 years after the effective date of the transaction.
Legislation
FA03/SCH10/PARA31(2A) as amended by FA09/SCH51/PARA15(6)
2a. Assessment
Assessment of a penalty under FA03/SCH14**
Time Limit
4 years from the date the penalty is incurred* or, if the penalty is tax-geared, 3 years from the date the tax is finally determined if later, subject to 7 below in the case of deceased persons.
* In the case of a daily penalty the assessment time limit runs from the date the penalty began to be incurred.
** Not penalties under FA2007/SCH24, these are subject to SCH24/PARA13 time limits.
Legislation
FA03/SCH14/PARA8(2) as amended by FA09/SCH51/PARA16(2)
2b. Assessment
Assessment of a penalty under FA03/SCH14** in a case involving loss of tax brought about carelessly by the person or by another person acting on that person바카라 사이트™s behalf.
Time Limit
6 years from the date the penalty is incurred* if later than the date given by 4 or 7.
** Not penalties under FA2007/SCH24, these are subject to SCH24/PARA13 time limits.
Legislation
FA03/SCH14/PARA8(4A) as amended by FA09/SCH51/PARA16(4)
2c. Assessment
Assessment of a penalty under FA03/SCH14** in a case involving loss of tax brought about deliberately by the person or by another person acting on that person바카라 사이트™s behalf.
Time Limit
20 years from the date the penalty is incurred* if later than the date given by 4 or 7.
** Not penalties under FA2007/SCH24, these are subject to SCH24/PARA13 time limits.
Legislation
FA03/SCH14/PARA8(4B) as amended by FA09/SCH51/PARA16(4)
2d. Assessment
Assessment of a penalty under FA03/SCH14** in a case involving loss of tax brought about deliberately by the person or by another person acting on that person바카라 사이트™s behalf.
Time Limit
20 years from the date the penalty is incurred* if later than the date given by 4 or 7.
** Not penalties under FA2007/SCH24, these are subject to SCH24/PARA13 time limits.
Legislation
FA03/SCH14/PARA8(4B) as amended by FA09/SCH51/PARA16(4)
3. Assessment
Penalty assessment for a deceased person.
Time Limit
4 years after the date the penalty is incurred* or, if the penalty is tax geared, 3 years from the date when tax is finally determined, if later, provided that the tax assessment is made no more than 6 years from the relevant date.
* In the case of a daily penalty the assessment time limit runs from the date the penalty began to be incurred.
Legislation
FA03/SCH14/PARA8(3) as amended by FA09/SCH51
* In the case of a daily penalty the assessment time limit runs from the date the penalty began to be incurred.
** Not penalties under FA2007/SCH24, these are subject to SCH24/PARA13 time limits.