Multinational Top-up Tax and Domestic Top-up Tax

MTT54010 - Administration: Payments and interest: Overview

Part 10, schedule 14 to Finance (No.2) Act 2023 sets out the conditions under which payment of MTT must be made. The following pages provide some practical guidance in support of the legislation.

MTT54100 explains when MTT payments must be made and the rate of interest that accrues on late payments.

MTT54200+ explains how HMRC may issue a group payment notice when MTT liabilities are not paid and the time limits for doing so.

MTT54300+ provides guidance on how relief of overpaid tax can be claimed.

MTT54400+ provides guidance on the treatment of payments where the MTT liability of one member of a group is discharged by another (‘group payments’), or where a partner discharges the liability of their partnership (‘partnership payments’), and the recovery of such amounts by the payer.