Finance Act 1998

9(1)No claim to which this paragraph applies may be made by a company before it delivers a company tax return for the period to which the claim relates.U.K.

(2)This paragraph applies to a claim by a company for any repayment of income tax called for by virtue of—

(a)section 6(2) of the Taxes Act 1988 (exclusion of income tax charge in case of UK resident company or income within chargeable profits for corporation tax), or

(b)exemptions from income tax conferred by the Corporation Tax Acts.

(3)This paragraph applies to a claim by a company for payment of a tax credit, unless—

(a)the company is wholly exempt from corporation tax or is only not so exempt in respect of trading income, and

(b)the tax credit is not one in respect of which a payment on account may be claimed by the company under Schedule 19AB to the Taxes Act 1988 (pension business).

[F1(4)This paragraph applies to a claim by a company for relief under Part V of Schedule 15 to the Finance Act 2000 (corporate venturing scheme: investment relief).]

Textual Amendments

F1Sch. 18 para. 9(4) inserted (28.7.2000 with application as mentioned in s. 63(4) of the amending Act) by 2000 c. 17, s. 63(2), Sch. 16 para. 5(3)