EAIG10100 - Time limits for section 12(1) and 12(1A) FA1994 assessments to excise duty: One, four and twenty year rules
»Ê¹ÚÌåÓýapp time limits for assessments to excise duty under sections 12(1) and 12(1A) of the Finance Act 1994 are prescribed by section 12(4).
»Ê¹ÚÌåÓýappse are commonly known as the one and four year rules. A twenty-year rule may apply to assessments in certain cases.