FA 2013, s. 209(6) provides that, before any adjustment is made, HMRC must follow certain specified procedural requirements in relation to counteraction notices, considered below. In addition, the power to make adjustments is subject to the normal time-limits imposed by any other enactments.

With effect from 22 July 2020 (Royal Assent), FA 2020, Sch. 14, para. 2 amends s. 209(6) in relation to adjustments made on or after that date. This has the following consequences:

the effect of any adjustment made by HMRC is suspended until the procedural requirements have been complied with;

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