Part 2 Consequential Amendments
Finance Act 2016 (2016 c 24) | Legislation

Part 2 Consequential Amendments

ICTA

2

(1)     Section 826 of ICTA (interest on tax overpaid) is amended as follows.

(2)     In subsection (1), after paragraph (fc) insert—

“(fd)     a payment of orchestra tax credit falls to be made to a company; orâ€.

(3)     In subsection (3C), for “or theatre tax credit†substitute “, theatre tax credit or orchestra tax creditâ€.

(4)     In subsection (8A)—

(a)     in paragraph (a), for “or (fc)†substitute “, (fc) or (fd)â€, and

(b)     in paragraph (b)(ii), after “theatre tax credit†insert “or orchestra tax creditâ€.

(5)     In subsection (8BA), after “theatre tax credit†(in both places) insert “or orchestra tax creditâ€.

FA 1998

3

Schedule 18 to FA 1998 (company tax returns, assessments and related matters) is amended as follows.

4

In paragraph 10 (other claims and elections to be included in return), in sub-paragraph (4), for “or 15C†substitute “, 15C or 15Dâ€.

5

(1)     Paragraph 52 (recovery of excessive repayments etc) is amended as follows.

(2)     In sub-paragraph (2), after paragraph (bg) insert—

“(bh)     orchestra tax credit under Part 15D of that Act,â€.

(3)     In sub-paragraph (5)—

(a)     after paragraph (ai) insert—

“(²¹Âá)

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