Part 3U.K.Supplementary
Attribution of repaymentsU.K.
13(1)This paragraph applies for the purpose of determining, for the purposes of this Schedule, how a repayment to a person (“P”) in respect of income tax for a tax year is to be attributed to payments made in respect of that tax.U.K.
(2)Such a repayment is to be attributed to payments in the following order—
(a)first, to so much of any payment made by P under section 59B of TMA 1970 as is a payment in respect of income tax for that year,
(b)second, in two equal parts to each of the payments (if any) made by P under section 59A of that Act on account of income tax for that year, and
(c)third, to income tax deducted at source for that year.
(3)In so far as it is attributable to a payment made in instalments, a repayment is to be attributed to a later instalment before being attributed to an earlier one.
InterpretationU.K.
14U.K.In this Schedule any reference to income tax deducted at source for a tax year is a reference to—
(a)income tax deducted (or treated as deducted) from any income, or treated as paid on any income, in respect of that year, F1...
F1(b). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
but does not include a reference to amounts which, in that year, are deducted at source under PAYE regulations in respect of previous years.
Textual Amendments
F1Sch. 54 para. 14(b) and preceding word omitted (with effect in accordance with Sch. 1 para. 73 to the amending Act) by virtue of Finance Act 2016 (c. 24), Sch. 1 para. 66(6)