SCHEDULES
F1Schedule 54AFurther provision as to late payment interest and repayment interest
Annotations:
Amendments (Textual)
F2PART 1CORPORATION TAX
Annotations:
Amendments (Textual)
F2
Sch. 54A Pt. 1 heading inserted (1.1.2023) by Finance Act 2021 (c. 26), s. 120(2), Sch. 29 para. 4(2); S.I. 2022/1277, reg. 2(2)(a) (with reg. 3)
Certain amounts of repayment interest recoverable as late payment interest
1
Where each of conditions A to D (see paragraph 2) is met, an amount of repayment interest that—
a
has been paid to a company, but
b
ought not to have been paid (see condition D),
may be recovered from the company as if it were late payment interest.
Sch. 54A inserted (1.1.2023 for specified purposes) by Finance (No. 3) Act 2010 (c. 33), s. 25(2), Sch. 9 para. 12 (as amended by: 2014 c. 26, Sch. 4 paras. 14, 16, 17; S.I. 2014/2228, art. 2; 2016 c. 24, Sch. 8 para. 12, 17(1)(a); and 2017 c. 32, Sch. 6 paras. 15, 20, 21(1)(b)); S.I. 2022/1277, reg. 2(2)(d) (with reg. 3)