SCHEDULES
SCHEDULE 13
Claims for set-off in respect of franked investment income received by a company
5
Where under paragraph 2 or 4 above franked investment income received by a company falls to be taken into account in determining—
(a)
whether advance corporation tax is payable or repayable; or
(b)
the amount of such tax which is payable or repayable,
the inclusion of that franked investment income in the appropriate return shall be treated as a claim by the company to have it so taken into account, and any such claim shall be supported by such evidence as F1an officer of the Board may reasonably require.