CT Pay and File: claims / reliefs: ACT: legislation: ACT carry-back and late payment interest
The table below gives a brief explanation of what the legislation relevant to this subject contains.
|87A TMA 1970||Interest on overdue CT.|
|87A(4) TMA 1970||Rules for determining the amount of late payment interest payable when liability to CT is met by surplus ACT carried back.|
|157 FA 1989||Rules for determining the amount of interest payable when liability to CT for a pre CT Pay and File AP is met by surplus ACT carried back.|
|239(3) ICTA 1988||Set off surplus ACT against CT payable in earlier APs.|