SCHEDULES
SCHEDULE 7CT payment plans for tax on certain transactions with EEA residents
Penalties
3
1
Schedule 56 to FA 2009 (penalty for failure to make payments on time) is amended as follows.
2
In the Table at the end of paragraph 1, after entry 6ZA insert—
6ZAA
Corporation tax
Amount payable under a CT payment plan entered into in accordance with Schedule 3ZC to TMA 1970
The later of—
- a
the first day after the period of 12 months beginning immediately after the accounting period to which the CT payment plan relates, and
- b
the date on which the amount is payable under the plan.
3
In paragraph 4 (amount of penalty in respect of certain late payments) in sub-paragraph (1) for “6ZA” substitute “
6ZAA
”
.