Schedules

Schedule 14Administration of multinational top-up tax

Part 7Determinations where self-assessment return not submitted

25

1

An officer of Revenue and Customs may make a determination if—

a

the group is not a registered group and the officer has reasonable grounds to believe the group should be, or

b

the officer has reasonable grounds to believe the filing member should have submitted a self-assessment return.

2

A “determination” is a determination by the officer to the best of the officer’s knowledge and belief as to the total amount of tax payable by a member of the group for the accounting period.

3

The officer must give notice of the determination to the filing member.

4

The notice must state the date on which it was issued.

5

No determination may be made—

a

on or before the last date on which the return was required to be submitted or would have been so required had the group been a registered group;

b

more than 3 years after that date.