Section 30

Advance assessment 

(1) Subject to subsection (2), the Commissioner may, based on the available information and to the best of his or her judgement, make an assessment (referred to as an “advance assessment”) of the tax payable by a taxpayer specified in section 26 for a reporting period.

(2) The Commissioner shall make an advance assessment of a taxpayer if the taxpayer has not submitted a return for the reporting period.

(3) An advance assessment–

• (a) may be made before the date on which the taxpayer’s return for the period is due; and 
• (b) shall be made in accordance with the tax law in force at the date the assessment is made. 

(4) The Commissioner shall notify in writing a taxpayer assessed under subsection (1) of the advance assessment and specify––

• (a) the amount of tax assessed; 
• (b) the amount of any penalty payable in respect of the tax assessed; 
• (c) the reporting period to which the assessment relates; 
• (d) the due date for payment of the tax and penalty; and 
• (e) the manner of objecting to the assessment. 

(5) An advance assessment may be amended under section 31 so that the taxpayer is assessed in respect of the whole of the reporting period to which the advance assessment relates.

(6) Despite the provisions of this section, a taxpayer shall submit a tax return as required by this Act or the relevant tax law in relation to an advance assessment of tax by the Commissioner.

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