Remedy
Start free

Section 123: Three year time limit.

Finance Act 1988 · 1988 c. 39View on legislation.gov.uk

Part III: Income Tax, Corporation Tax and Capital Gains Tax — chapter V: Management

At the end of section 13 of the Taxes Management Act 1970 (returns by persons in receipt of taxable income belonging to others) there shall be added—

In section 17(1) of that Act (interest paid or credited by banks etc. without deduction of income tax) after the words "during a year" there shall be inserted the words ." of assessment "

In section 18 of that Act (particulars of interest paid without deduction of income tax) after subsection (3) there shall be inserted—

At the end of section 19 of that Act (information for the purposes of Schedule A etc.) there shall be added—

This section has effect with respect to notices given after the passing of this Act.

About this text

This legislation text comes from legislation.gov.uk. Contains public sector information licensed under the Open Government Licence v3.0. These source and reuse terms cover the legislation text, not Remedy's commentary.

Reuse reviewed 21 August 2026 under Open Government Licence v3.0.