SCHEDULES

C1C2SCHEDULE 6 Climate change levy

Annotations:
Modifications etc. (not altering text)
C1

Sch. 6 modified (coming into force in accordance with art. 1 of the amending S.I.) by The Climate Change Levy (Suspension of Recycling Exemption) Order 2011 (S.I. 2011/1023), arts. 1, 2, 3

C2

Sch. 6 modified (retrospective to 26.3.2013) by Finance Act 2013 (c. 29), Sch. 42 para. 1(1)

Part VII Recovery and interest

Supplemental provisions about interest

87

1

Interest under any of paragraphs 81 to 85 shall be paid without any deduction of income tax.

2

Sub-paragraph (3) applies where—

a

an amount carries interest under any of paragraphs 81 to 85 (or would do so apart from that sub-paragraph); and

b

all or part of the amount turns out not to be due.

3

In such a case—

a

the amount or part that turns out not to be due shall not carry interest under the applicable paragraph and shall be treated as never having done so; and

b

all such adjustments as are reasonable shall be made, including (subject to paragraphs 64 to 76) adjustments by way of repayment.