Section 1046 | Information and returns

(1)A company which treats a payment made by it as one to which section 1033 applies must make a return to an officer of Revenue and Customs giving details of—

(a)the payment, and

(b)the circumstances by reason of which section 1033 is regarded as applying to it.

(2)The return must be made within 60 days after the payment.

(3)A person connected with a company must give notice to an officer of Revenue and Customs if—

(a)the company treats a payment made by it as one to which section 1033 applies and in relation to which Condition A in that section is met, and

(b)the person knows of any scheme or arrangement of the kind mentioned in section 1042(2) that affects the payment.

(4)The notice—

(a)must contain particulars of the scheme or arrangement, and

(b)must be given within 60 days after the person first knows of both the payment and the scheme or arrangement.

(5)Repealed

(6)Repealed

(7)Repealed