EM1521 - Opening the Enquiry: Statute: Amendments - Examples of Time Limits
Example 1
E Ltd filed its return covering the twelve months to 31 December 2019 on 16 December 2020. It amends the return on 17 August 2021.
A notice of enquiry into the amendment can be given at any time up to 31 October 2022 and the whole return up to 31 December 2021.
Example 2
F Ltd files its return for the 12 months to 31 December 2019 on 30 November 2020. The risk assessment reveals no areas worth pursuit, and no enquiry notice is given within the time limit (31 December 2021).
The company amends its return on 29 December 2021 to include a deduction for repairs of £10,000.
A notice of enquiry is given in respect of the amendment on 1 March 2022, which is within the enquiry window ending 31 January 2023. The enquiry notice was issued outside the enquiry window for the original return but within the enquiry window for the amended return. This means the enquiry notice relates only to the amendment of £10,000 relating to the deduction for repairs.