Finance (No. 3) Act 2010 (c. 33)

SCHEDULES

SCHEDULE 9 U.K. Interest

Part 1 U.K. Corporation tax

Amendments of sections 101 to 104 U.K.

1 U.K. FA 2009 is amended as follows.

Commencement Information

I1 Sch. 9 para. 1 in force at 1.1.2023 by S.I. 2022/1277, reg. 2(2)(c) (with reg. 3)

Prospective

2 U.K. In section 101 (late payment interest on sums due to HMRC), omit subsection (2)(a).

Prospective

3 (1) Section 102 (repayment interest on sums to be paid by HMRC) is amended as follows. U.K.

(2) Omit subsection (2)(a).

(3) In subsection (4), before paragraph (a) insert—

“(za) Part A1 makes special provision as to the amount of corporation tax on which repayment interest is calculated,”.

4 U.K. After section 103 insert—

“103A Further provision as to late payment interest and repayment interest

Schedule 54A makes special provision as to certain amounts of late payment interest and repayment interest.”

Commencement Information

I2 Sch. 9 para. 4 in force at 1.1.2023 for specified purposes by S.I. 2022/1277, reg. 2(2)(d) (with reg. 3)

5 U.K. In section 104(1), for “103” substitute “ 103A (and Schedules 53 to 54A) ”.

Commencement Information

I3 Sch. 9 para. 5 in force at 1.1.2023 by S.I. 2022/1277, reg. 2(2)(c) (with reg. 3)