SCHEDULES

SCHEDULE 2Consequential amendments

I11TMA 1970

1

Part 5A of TMA 1970 (payment of tax) is amended as follows.

2

In section 59E (further provision as to when corporation tax is due and payable), in subsection (11) after paragraph (e) insert—

f

to any sum chargeable on a company under section 1 of the Energy (Oil and Gas) Profits Levy Act 2022 as if it were an amount of corporation tax chargeable on the company.

3

In section 59F (arrangements for paying corporation tax on behalf of group members), in subsection (6)—

a

omit “and” at the end of paragraph (c), and

b

after paragraph (d) insert

, and

e

to any sum chargeable on a company under section 1 of the Energy (Oil and Gas) Profits Levy Act 2022 as if it were an amount of corporation tax chargeable on the company.