Part 1

Tax credits

General

Period of awards
5
1
Where a tax credit is claimed for a tax year by making a claim before the tax year begins, any award of the tax credit on the claim is for the whole of the tax year.
2
An award on any other claim for a tax credit is for the period beginning with the date on which the claim is made and ending at the end of the tax year in which that date falls.
3
Subsections (1) and (2) are subject to any decision by the Board under section 16 to terminate an award.