Finance Act 2022

“Relevant tax” and “relevant return” U.K.

5 (1) A tax that is listed in the first column of the following table is a “relevant tax” and a return which appears in the corresponding entry in the second column of the table is, in relation to the relevant tax concerned, a “relevant return”.

Tax to which return relates	Return
Corporation tax	Company tax return
Income tax or corporation tax	Partnership return
Income tax	PAYE return
VAT	VAT return

(2) In this Schedule—

• “company tax return” means a return under paragraph 3 of Schedule 18 to FA 1998;

• “corporation tax” includes any amount chargeable under section 330(1), 455 or 464A of CTA 2010 as if it were corporation tax but does not include—

  (a)

  an amount chargeable under section 269DA of CTA 2010 (surcharge on banking companies);

  (b)

  an amount chargeable under Part 9A of TIOPA 2010 (controlled foreign companies);

  (c)

  an amount of the bank levy (see Schedule 19 to FA 2011);

• “partnership return” has the same meaning as in TMA 1970;

• “PAYE return” means a return under PAYE regulations;

• “VAT” means value added tax charged in accordance with VATA 1994;

• “VAT return” means a return under regulations under paragraph 2 of Schedule 11 to VATA 1994.

(3) A relevant return is delivered to HMRC “for” a financial year if it relates to—

(a) the whole of that financial year, or

(b) a part of that financial year.

(4) References to a return being required to be made include a requirement to file, deliver or submit a return (however expressed).