Assessments may be necessary where adjustments are required to
the penultimate and ante-penultimate assessable trading profits
following the receipt of the return relating to the year of
assessment.
Do not make the assessments until the SA return for the year
of cessation has been received, even if accounts have been
submitted at an earlier date.
Amending the original assessment on appeal will not achieve
the required result. The due date for interest purposes for the
additional charge will be that for the original charge, which is
contrary to the terms of ESC A98.
Notes:
