959Y Chargeable persons and other persons: Assessment made or amended by Revenue officer

Summary

This section provides a general right for a Revenue officer to make or amend an assessment. This is subject to the other provisions of the Chapter e.g. a time limit where applicable. An assessment may be amended to reflect correct amounts of income, profits, gains and tax chargeable.

Details

(1) Subject to Chapter 5 of Part 41A, Revenue may at any time:

1. raise a Revenue Assessment for a chargeable period
2. amend a Revenue assessment or a self-assessment, notwithstanding that
   1. the tax may have been paid or repaid
   2. the self-assessment may have already been amended.

(2) When making or amending an assessment, Revenue

1. may accept in whole or in part anything in the return, and
2. they may assess any income, profit, gain or chargeable gain or allow any deduction, relief or credit.

(3) The amendment of an assessment by a Revenue officer does not preclude a further amend-ment.

(4)

1. Where income, profits gains or chargeable gains and the associated tax are not properly reflected in the assessment, Revenue may amend that assessment to ensure that the assessment includes the correct amount or to ensure the tax stated in the as-sessment is the tax payable for the chargeable period
2. the amendment may include the addition of an amount of income, profits or gains, or chargeable gains that is not reflected in the assessment.

Relevant Date: Finance Act 2025