Part 15

Deduction of income tax at source
Chapter 15

Collection: deposit-takers, building societies and certain companies

Collection and payment of income tax

Collection and payment of income tax
951
1
Income tax in respect of a section 946 payment is due, from the person who makes the payment, on the date by which the return on which the payment must be included is required to be delivered.
2
The income tax due is equal to the sum which the person is required to deduct from the payment under the applicable provision mentioned in section 946.
3
The income tax is payable by the person without an officer of Revenue and Customs making any assessment.
Pt. 15 modified (with effect in accordance with s. 1329(1) of the amending Act) by Corporation Tax Act 2009 (c. 4), ss. 551(4), 1329(1) (with Pts. 1, 2, Sch. 2 para. 78)