653X Assessments, enquiries and appeals

Summary

This section adapts certain provisions of Chapter 5 of Part 41A relating to assessments, enquiries and appeals for the purposes of residential zoned land tax.

Details

(1) Sections 959Y, 959Z, 959AA, 959AC, 959AD and 959AE apply to residential zoned land tax subject to the following modifications:

(a) a reference to a ‘person’ or a ‘chargeable person’ shall include a reference to a ‘liable person’,

(b) a reference to a ‘chargeable period’ shall include a reference to a ‘year’,

(c) a reference to ‘amount of income, profits or gains, or, as the case may be, chargeable gains’ shall include a reference to the market value of a relevant site,

(d) a reference to a ‘return’ includes a return required under Part 22A,

(e) for the purposes of sections 653AG (sites developed wholly or partly for purpose other than residential development) and 653AH (deferral of residential zoned land in certain circumstances), in section 959AA(1)(ii), ‘after the end of 4 years commencing at the end of the year in which a certificate of completion is lodged’ shall be substituted for ‘after the end of a period of 4 years commencing at the end of the chargeable period for which the return is delivered’.

(2) A liable person aggrieved by a Revenue assessment or amended assessment has a right of appeal. An appeal must be lodged within 30 days of the notice of assessment or amended assessment. An appeal relating to the market value of a relevant site should be made to the Land Value References Committee, as prescribed by section 33 of the Finance (1909-10) Act 1910, (as amended by the Property Values (Arbitration and Appeals) Act 1960. An appeal is in relation to any other matter must be made to the Tax Appeal Commissioners in accordance with section 949I.

Relevant Date: Finance Act 2021