Income Tax Act 2007

Chapter 16U.K.Collection: certain payments by other persons

963Collection of income tax on certain payments by other personsU.K.

(1)This section makes provision for the collection of income tax in respect of—

(a)a payment from which a person other than a UK resident company is required to deduct a sum representing income tax under—

(i)section 874(2) (certain payments of yearly interest),

(ii)section 889(4) (payments in respect of building society securities),

(iii)section 892(2) (certain payments of UK public revenue dividends),

(iv)section 901(4) (annual payments made by persons other than individuals),

(v)section 903(7) (patent royalties),

(vi)section 906(5) (royalty payments etc where the owner lives abroad),

(vii)section 910(2) (proceeds of a sale of patent rights paid to non-UK residents),

(viii)section 928(2) (chargeable payments connected with exempt distributions), or

(ix)section 944(2) (directions for deduction from payments to non-UK residents), and

(b)a payment from which a person other than a company is required to deduct a sum representing income tax under section 919(2) (manufactured interest for UK securities: payments by UK residents etc).

(2)The person required to deduct the sum must deliver to an officer of Revenue and Customs an account of the payment without delay.

(3)An officer of Revenue and Customs may make an assessment on that person for income tax equal to the sum required to be deducted.

(4)The provisions of the Income Tax Acts relating to—

(a)persons chargeable to income tax,

(b)income tax assessments, and

(c)the collection and recovery of income tax,

apply (unless excluded expressly or by implication) to the assessment, collection and recovery of income tax which is assessable on persons under this section.

[F1963A Power to make regulations modifying section 963U.K.

(1)The Commissioners for Her Majesty's Revenue and Customs may by regulations modify, replace or supplement any provision of section 963(2) to (4).

(2)Regulations under this section may only be made for the purpose of regulating the time at and manner in which persons making payments within section 963(1)(a) or (b) are to account for and pay income tax which is to be collected from them in respect of those payments.

(3)In particular, regulations under this section may, in relation to income tax for which a person is liable to account—

(a)modify any provision of Parts 2 to 6 of TMA 1970, or

(b)apply any such provision with or without modifications.

(4)Regulations under this section may—

(a)make different provision for different kinds of payer,

(b)make different provision for different circumstances, and

(c)authorise the Commissioners for Her Majesty's Revenue and Customs, if they think there are special circumstances justifying it, to make special arrangements in relation to income tax for which a person is liable to account.

(5)Regulations under this section may contain incidental, supplemental, consequential and transitional provision and savings.

(6)The Commissioners for Her Majesty's Revenue and Customs must not make any regulations under this section unless a draft of them has been laid before and approved by a resolution of the House of Commons.

(7)References in this Act and in any other enactment to any of the provisions of section 963(2) to (4) are to be read as references to those provisions as modified, replaced or supplemented by provision made by regulations under this section.]

Textual Amendments

F1S. 963A inserted (16.12.2010) by Finance (No. 3) Act 2010 (c. 33), s. 8