41. Estimates and assessments

(1) A notice of an amount of tax estimated in accordance with section 110 of the Act shall contain the following:

(a) the name, address and registration number of the person whose tax liability is estimated,

(b) the period to which the estimate relates, and

(c) the amount of tax estimated to be payable in respect of the period referred to in subparagraph (b).

(2) A notice of an amount of tax assessed in accordance with section 111 of the Act shall contain the following:

(a) the name, address and registration number of the person whose tax liability or refund is assessed,

(b) the period to which the assessment relates (in this paragraph referred to as the “assessment period”),

(c) an assessment of the total amount of tax which should have been paid or the total amount of tax (including, where appropriate, a nil amount) which in accordance with section 99(1) of the Act ^[1]>or in accordance with an order under section 103 of the Act^<[1] should have been refunded, as the case may be, in respect of the assessment period,

(d) the total amount of tax (including, where appropriate, a nil amount) paid by the person or refunded to the person, as the case may be, in respect of the assessment period, and

(e) the net amount due in respect of the assessment period.