SCHEDULES

SCHEDULE 29 Late payment interest and repayment interest: VAT

2 In section 102(4) (repayment interest on sums to be paid by HMRC)—

(a) omit the “and” at the end of paragraph (a);

(b) after paragraph (a) insert—

“(aa) Part 2A makes special provision as to the period for which an amount of VAT credit carries interest, and”.