959W Making of self-assessment in accordance with return

Summary

This section provides that all self-assessments (including those made by a Revenue officer on behalf of a chargeable person) are to be made by reference to the particulars contained in the tax return for the tax year or accounting period involved. The section also provides that, where a self-assessment is submitted, nothing in the Chapter prevents a Revenue office, under Chapter 5, from raising a Revenue assessment or from amending the self-assessment.

Details

(1) When a person makes a self-assessment, under section 959R, it must be based on the information included in the return.

(2) When a person amends their self-assessment, under section 959V, it must be based on information include in their return, as amended by notice under section 959V.

(3) Where Revenue make a self-assessment in respect of a chargeable person, under section 959U, it must be based on the information included in the return.

(4) Nothing in Chapter 4 of Part 41A prevents Revenue from raising a Revenue Assessment (as provided for in Chapter 5 of Part 41A). If Revenue raises a Revenue Assessment, then all previous self-assessments are deemed void.

(5) Nothing in Chapter 4 of Part 41A prevents Revenue from amending a self-assessment (as provided for in Chapter 5 of Part 41A).

Relevant Date: Finance Act 2024