Related Commentary  

13(1)  Subject to paragraphs (2) and (3), where too little tax has been paid in respect of a relevant transaction the tax underpaid shall be payable with interest, whether or not the amount that has been paid was that stated as payable in a notice under 4 or 4A.

13(2)  Where tax charged under the Act is paid in accordance with a notice given to the Board under 4 or 4A and the payment is made and accepted in full satisfaction of the tax so charged, no additional amount of tax shall be determined and specified in a notice under regulation 6 after the end of the period of 4 years beginning with the later of–

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