959Y Chargeable persons and other persons: assessment made or amended by Revenue officer

Summary

This section provides a general right for a Revenue officer to make or amend an assessment. This is subject to the other provisions of the Chapter e.g. a time limit where applicable. An assessment may be amended to reflect correct amounts of income, profits, gains and tax chargeable.

Details

Subject to Chapter 5 of Part 41A, Revenue may raise a Revenue Assessment at any time. Equally, an amendment may be made to a Revenue assessment or a self assessment at any time, notwithstanding that the assessment may already have been amended.

When making or amending an assessment, Revenue may accept in whole or in part anything in the return, and they may assess any income, profit or gain / allow any deduction, relief or credit.

That Revenue has already amended an assessment does not preclude a further amendment. .

Where income, profits or gains and the associated tax are not properly reflected in the assessment, Revenue may amend that assessment.

Relevant Date: Finance Act 2019