62C
CurrentSelf-assessment provided in annual statement
62C Self-assessment provided in annual statement
(1)
An assessment provided by a scheme participant in an annual statement is taken to have been made on the last of the following days—
(a)
15 December in the year the compliance period ends, or
(b)
the day on which the annual statement is lodged.
(2)
The liability of a scheme participant for a shortfall penalty for a compliance period is the assessment of the liability provided by the participant in the annual statement for the compliance period, unless another assessment is or has been made by the Scheme Regulator.
Research tools for this sectionSubscription
The statute text is free to read above. View subscription options to unlock the case-law research tools for each provision.