Part III Income Tax, Corporation Tax and Capital Gains Tax

Management: self-assessment etc.

109 Surcharges on unpaid tax.

1

In section 59C of the Management Act (surcharges on unpaid income tax and capital gains tax), in subsection (4) (exceptions to surcharge), for the words “or 95” there shall be substituted the words “ , 95 or 95A ”.

2

That section of that Act shall apply in relation to any income tax or capital gains tax which—

a

is charged by an assessment made on or after 6th April 1998; and

b

is for the year 1995-96 or an earlier year of assessment,

as it applies in relation to any income tax or capital gains tax which becomes payable in accordance with section 55 or 59B of that Act and is for the year 1996-97 or a subsequent year of assessment.