SCHEDULES
SCHEDULE 2Transitionals and savings
Part 15Deduction of income tax at source
Deduction by deposit-takers, building societies etc: collection of tax
161
Chapter 15 of Part 15 has effect for return periods which—
a
fall within accounting periods ending on or after 6 April 2007, and
b
end on or after that date.
162
1
This paragraph applies to a payment—
a
which is made in an accounting period beginning before 6 April 2007 and ending on or after that date, and
b
which was made before 6 April 2007, but which would have been a payment within section 946 if it had been made on or after that date.
2
A payment to which this paragraph applies is to be treated as a payment within section 946 if it is made in a return period which—
a
falls within the accounting period,
b
begins before 6 April 2007, and
c
ends on or after that date.
3
In addition, a payment to which this paragraph applies which was made in an earlier return period which falls within the accounting period is to be treated as a payment within section 946.