Income Tax: Payments of statutory interest: withholding tax | Practical Law

Income Tax: Payments of statutory interest: withholding tax | Practical Law

The High Court has held that payments in respect of statutory interest do not rank as payments of yearly interest under section 874 of the Income Tax Act 2007.

Income Tax: Payments of statutory interest: withholding tax

Practical Law UK Articles 4-636-2984 (Approx. 3 pages)

Income Tax: Payments of statutory interest: withholding tax

by Norton Rose Fulbright LLP
Published on 01 Dec 2016
The High Court has held that payments in respect of statutory interest do not rank as payments of yearly interest under section 874 of the Income Tax Act 2007.