959AB Persons other than chargeable persons: time limit on Revenue assessment and amended assessment

Summary

This section provides for a 4-year time limit, on the making and amending of assessments on persons other than chargeable persons. This limit is, in general, linked to the chargeable period to which the assessment relates. However, where certain emoluments are received in a period later than the period to which they relate, the time limit is linked to the period in which the emoluments are received. There is an exclusion to the 4-year time limit in section 959AD. The section provides that nothing in the section affects the operation of sections 811, 811A, 811C or 811D.

Details

Revenue cannot make or amend an assessment on a person other than a chargeable person after 4 years from the end of the chargeable period to which the assessment relates.

If the assessment or amended assessment relates to emoluments assessable in one chargeable period but received in the next, the 4 year period is from the year in which the emoluments are received.

Nothing in this section affects the operation of section 811, 811A, 811C or 811D.

Relevant Date: Finance Act 2021