C1Part 15Deduction of income tax at source
Chapter 15Collection: deposit-takers, building societies and certain companies
Introduction
947Return periods
1
For the purposes of this Chapter, the return periods which fall within a person's accounting period are determined as follows.
2
If at least one quarter date falls within the accounting period, each of the following is a return period which falls within the accounting period—
a
any complete quarter which falls within the accounting period, and
b
any part of the accounting period which is not a complete quarter and which—
i
ends with the first (or only) quarter date in that period, or
ii
begins immediately after the last (or only) quarter date in that period.
3
If no quarter date falls within the accounting period, the accounting period itself is to be treated as a return period which falls within the accounting period.
4
In this section—
“quarter” means a period of three months ending—
- a
unless paragraph (b) applies, with the last day of March, June, September or December, or
- b
if the person mentioned in subsection (1) is a building society, with the last day of February, May, August or November, and
- a
“quarter date” means—
- a
unless paragraph (b) applies, the last day of March, June, September or December, or
- b
if the person mentioned in subsection (1) is a building society, the last day of February, May, August or November.
- a
Pt. 15 modified (with effect in accordance with s. 1329(1) of the amending Act) by Corporation Tax Act 2009 (c. 4), ss. 551(4), 1329(1) (with Pts. 1, 2, Sch. 2 para. 78)