EM7585 - Partnerships: discovery for partnerships
S30B TMA1970
Where an officer makes a discovery that there is
- profits that have been omitted from the partnership statement
- profits in the partnership statement which is or has become insufficient, or
- relief or allowance claimed which is excessive
they may be able to amend the partnership tax return so as to make good the omission or deficiency. This is called a ‘discovery amendment’.
A discovery amendment is subject to the normal conditions and time limits for discovery which are outlined in EM3220. See also EM3241 for ‘discovery for partnerships’.
After a discovery amendment has been made to the partnership return, the partners personal returns must also be amended ‘so as to give effect to the amendments of the partnership return’. This is done by making a consequential amendment to each of the partners returns.
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