824 Repayment supplements: individuals and others
Income and Corporation Taxes Act 1988 (1988 c 1) | Legislation

824  Repayment supplements: individuals and others

[(1) Subject to the following provisions of this section, a repayment made by the Board or an officer of the Board of any of the following, namely—

(a) an amount paid on account of income tax under section 59A of the Management Act;

(b) any income tax paid by or on behalf of an individual for a year of assessment;

() a penalty payable under any paragraph of Schedule 56 to the Finance Act 2009 in respect of an amount falling within any of the following items of the Table in paragraph 1 of that Schedule—

(i) item 1, 12, 18 or 19; or

(ii) insofar as the tax falls within item 1, item 17, 23 or 24; and]

(d) a penalty incurred by an individual under any of the provisions of that Act [the Finance Act 2009 or Schedules 24 to 26 to the Finance Act 2021],

shall be increased under this section by an amount (a “repayment supplement”) equal to interest on the amount repaid at the rate applicable under section 178 of the Finance Act 1989 for the period (if any) between the relevant time

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