Explanatory Notes

Corporation Tax Act 2009

2009 CHAPTER 4

26 March 2009

Commentary on Sections

Part 7: Property income

Lease premiums: time limits for claims for repayment of tax

3526.This paragraph provides that the time limit for claims for repayment of tax under section 238 or 239 is six years after the events described in those sections. This preserves the period of six years mentioned in section 36(2)(b) of ICTA (charge on sale of land with right to reconveyance) until the Treasury make an order under this paragraph.