Repayments / reallocations: non automatic repayments: legislation: repayment of income tax - responsible office
The table below gives a brief explanation of what the legislation relevant to this subject contains.
|7(2) ICTA 1988||Unless wholly exempt from CT, a company is not entitled to a repayment of income tax until the liability for the AP is finally determined.|
|7(6) ICTA 1988||A claim to repayment of income tax must be included in a company tax return.|
|11(3) ICTA 1988||Applies S7(2) to non resident companies trading through a branch or agency in the UK.|
|98 FA 1990||Amends S7(2) and S11(3) ICTA 1988 to allow a claim to repayment of income tax before the liability for the AP is settled for APs ending on or after 1 October 1993.|
|42(5A) TMA 1970||Allows for a claim to repayment of income tax to be made in an amended company tax return.|