Section 819 | Adjustment of assessment

(1)This section applies if—

(a)an individual does not make an election under section 818 for a tax year on or before the date for making the election, and

(b)an adjustment is made after that date to the profits from the individual's provision of qualifying care on which the individual is liable to tax for the tax year.

(2)The individual may make an election under this section to apply the alternative method of calculating profits given in sections 816 and 817 for the tax year.

(3)The election—

(a)must specify that tax year, and

(b)has effect for that tax year (unless withdrawn by notice given by the individual).

(4)An election or notice of withdrawal under this section must be made or given to the Inland Revenue on or before—

(a)the first anniversary of the normal self-assessment filing date for the tax year in which the adjustment is made, or

(b)such later date as the Inland Revenue may, in a particular case, allow.