A notice to deliver a company tax return may require the company
to supply details of assets acquired in the period specified in the
notice, (FA98/SCH18/PARA13). This includes details of the persons
from whom the company acquired assets and the consideration given
or paid for them.
Note: There was an equivalent provision under TMA70/S12 (2)
for CTPF periods.
Although the provisions exist the notices to file for CTSA
and CTPF do not require a company to provide this information in
the return. Consequently, you cannot use this piece of legislation
to obtain details of capital assets acquired.
