Taxes Consolidation Act 1997 section 959AB

Persons other than chargeable persons: time limit on Revenue assessment and amended assessment

Section 959AB sets a four-year time limit on Revenue making or amending assessments on persons who are not chargeable persons (i.e. non-self-assessment taxpayers).

• Revenue may not make or amend an assessment on a non-chargeable person more than four years after the end of the chargeable period to which it relates.
• Where emoluments are received in a year of assessment later than the year for which they are assessable, the four-year limit runs from the end of the year in which the emoluments were actually received.
• The emoluments covered include Schedule E earnings, lump sum termination payments, benefits in kind, taxable expenses and perquisites, and (from 1 January 2024) gains on the exercise, assignment or release of share options.
• The time limit does not affect the operation of the general anti-avoidance provisions in sections 811, 811A, 811C or 811D.