Related Commentary  Related HMRC Manuals

710(1)  This section applies if an officer of Revenue and Customs considers that–

(a)there has been a change in the ownership of a company (“X”),

(b)any corporation tax assessed on X for an accounting period beginning before the change remains unpaid at any time more than 6 months after it was assessed, and

(c)any of conditions A to C in section 711 (conditions relating to company's trade or business) is met.

710(2)  A person who is linked to X may be assessed by the officer and charged to an amount of corporation tax which does not exceed the amount remaining unpaid.

Need help? Get subscribed!

To subscribe to this content, simply call 0800 231 5199

We can create a package that’s catered to your individual needs.

Or book a demo to see this product in action.