SCHEDULES

SCHEDULE 8Management of RPDT

1Amendments of TMA 1970

1

Part 5A of TMA 1970 (payment of tax) is amended as follows.

2

In section 59E (further provision as to when corporation tax is due and payable), in subsection (11) after paragraph (d) insert—

e

to any sum chargeable on a company under section 33 of FA 2022 (residential property developer tax) as if it were an amount of corporation tax chargeable on the company.

3

In section 59F (arrangements for paying corporation tax on behalf of group members), in subsection (6)—

a

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

b

after paragraph (c) insert

, and

d

to any sum chargeable on a company under section 33 of FA 2022 (residential property developer tax) as if it were an amount of corporation tax chargeable on the company.