COM122063 - Repayments / reallocations: non automatic reallocations: legislation: reallocation out of COTAX - responsible CT office
The table below gives a brief explanation of what the legislation relevant to this subject contains
Section |
Explanation |
87A TMA 1970 |
Imposes late payment interest on late payments of tax made by companies |
419 ICTA 1988 |
Authority to make an assessment upon a company when it has made a loan to a participator |
826 ICTA 1988 |
Allows the payment of repayment interest |
SCH 13 ICTA 1988 |
Machinery for collecting ACT on distributions made by companies |
SCH 16 ICTA 1988 |
Machinery for collecting Income Tax on certain interest payments made by companies |
