Extension of time limit for notifying a decision to opt to tax

Published: Tuesday 13 July 2021

The time limit for notifying an option to tax has been temporarily extended to 90 days (from the previous deadline of 30 days) from the date the decision to opt to tax was made.

This additional time for notification initially applied to decisions to opt to tax made between 15 February and 31 May 2020 (i.e. where the effective date for the option to tax was within this timeframe), but this period has subsequently been extended on several occasions, such that the 90 day period will now apply to decisions to opt to tax taken up to 31 July 2021.

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Julian Millinchamp
Julian Millinchamp
Indirect Tax Director
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