Option to Tax notification rules – Extended further
We have already reported that the notification period for any Options to Tax made in the period from the 15 Feb to the 30 June would have a longer period to notify HMRC of those decisions – effectively a 90 day notice period rather than the usual 30 days.
We can now report that the Option to Tax decisions making period has also been extended from the 30th June to the 31 October 2020. More information can be found here
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