The Gilt-edged Securities (PeriodicAccounting for Tax on Interest) Regulations 1995

2. Introductory Text

1. Citation and commencement

3. 2. Interpretation

4. 3. Relevant companies

5. 4. Requirement to make returns

6. 5. Return periods and due date for returns

7. 6. Amounts to be shown on returns made by resident companies

8. 7. Amounts to be shown on returns made by non-resident companies

9. 8. Amounts of excess gilt interest and aggregate amount of excess gilt interest received

10. 9. Tax for which relevant company accountable

11. 10. Set off of tax against tax payable in accordance with Schedule 16

12. 11. Set off against tax for previous return periods

13. 12. Carry forward of tax on excess gilt interest paid

14. 13. Payments on account and special returns—relevant companies other than building societies

15. 14. Payments on account and special returns—relevant companies which are building societies

16. 15. Consequences of set off

17. 16. Payment of tax

18. 17. Collection proceedings following claims

19. 18. Assessments and due date of tax

20. 19. Interest payable on amounts of tax unpaid

21. 20. Interest payable where payment on account excessive

22. 21. Saving

23. Signature

24. Explanatory Note