96 Section 80 or 81 cases: estimating profits for preliminary and charging notices
Finance Act 2015 (2015 c 11) | Legislation

96  Section 80 or 81 cases: estimating profits for preliminary and charging notices

(1)     Where taxable diverted profits arising to a company in an accounting period fall to be determined under section 84 or 85, for the purposes of issuing a preliminary notice under section 93 or a charging notice under section 95 the taxable diverted profits to be specified in the notice, in relation to the material provision in question, are determined in accordance with this section.

(2)     The taxable diverted profits are such amount (if any) as the designated HMRC officer issuing the notice determines, on the basis of the best estimate that can reasonably be made at that time, to be the amount calculated in accordance with sections 84 or 85 (as the case may be).

But this is subject to subsections (4)

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