SCHEDULES
SCHEDULE 49Corporation tax: deferral of payment of exit charge
Amendments of FA 2009
7
In Schedule 56 to FA 2009 (penalty for failure to make payments on time), in the Table at the end of paragraph 1, after entry 6 insert—
6ZA
Corporation tax
Amount payable under an exit charge payment plan entered into in accordance with Schedule 3ZB to TMA 1970
The later of—
- a
the first day after the period of 12 months beginning immediately after the migration accounting period (as defined in Part 1 or 2 of Schedule 3ZB to TMA 1970, as the case may be), and
- b
the date on which the amount is payable under the plan.