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Option to tax: extended deadline

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Notifying HMRC of a decision to opt to tax land and buildings is normally required within 30 days, either in writing or by sending a scanned copy by email. HMRC has temporarily extended the time limit to 90 days from the date the decision to opt was made. The change applies to decisions made between 15 February and 31 May 2020 and is confirmed in new HMRC guidance Changes to notifying an option to tax land and buildings during coronavirus (Covid-19).

Issue: 1488
Categories: News