Search Legislation

The Taxes (Interest Rate) (Amendment) Regulations 1998

 Help about what version

What Version

  • Latest available (Revised)
  • Original (As made)
 Help about opening options

Opening Options

More Resources

Status:

This is the original version (as it was originally made). This item of legislation is currently only available in its original format.

2.  In regulation 3(1) of the Taxes (Interest Rate) Regulations 1989(1), after sub-paragraph (a) there shall be inserted the following sub-paragraphs—

(aa)section 59C of the Taxes Management Act 1970(2), as it applies to any income tax or capital gains tax which has become payable in accordance with—

(i)section 55(3) of that Act, so far as it relates to an amendment or assessment referred to in paragraphs (a) and (b) of sub-section (1) of that section, or

(ii)section 59B(4) of that Act,

(ab)section 103A(5) of the Taxes Management Act 1970, so far as it relates to—

(i)any person who may be required by a notice under section 8(6), 8A(7) or 12AA(8) of that Act (or under any of those sections as extended by section 12(9) of that Act) to make and deliver a return for a year of assessment or other period, and

(ii)income tax or capital gains tax,.

(1)

S.I. 1989/1297; a relevant amending instrument is S.I. 1996/3187.

(2)

1970 c. 9; section 59C was inserted by section 194 of the Finance Act 1994 and was amended by section 109 of the Finance Act 1995 (c. 4).

(3)

Section 55(1) was amended by paragraphs 8(1) and 32 of Schedule 29 to the Income and Corporation Taxes Act 1988 (c. 1) and paragraph 18(1) of Schedule 19 to the Finance Act 1994.

(4)

Section 59B was inserted by section 193 of the Finance Act 1994, and was amended by section 115(6) of the Finance Act 1995, and sections 125(4) and 126(2) of the Finance Act 1996.

(5)

Section 103A was inserted by paragraph 33 of Schedule 19 to the Finance Act 1994.

(6)

Section 8 was inserted by section 90 of the Finance Act 1990 (c. 29) and was amended by sections 178(1) of the Finance Act 1994, section 104 of the Finance Act 1995, and section 121 of the Finance Act 1996.

(7)

Section 8A was inserted by section 90 of the Finance Act 1990, and was amended by section 178 (2) of the Finance Act 1994, sections 103 and 104 of the Finance Act 1995, and section 121 of the Finance Act 1996.

(8)

Section 12AA was inserted by section 184 of the Finance Act 1994, and was amended by sections 104 and 115(4) of the Finance Act 1995, and sections 121 and 123 of the Finance Act 1996.

(9)

Section 12 was amended by section 157 of the Capital Gains Tax Act 1979 (c. 14), paragraph 32 of Schedule 29 to the Income and Corporation Taxes Act 1988, section 122 of the Finance Act 1988 (c. 39), section 123 of the Finance Act 1989 (c. 26), section 90 of the Finance Act 1990, paragraph 2 of Schedule 10 to the Taxation of Chargeable Gains Act 1992, and paragraph 23 of Part V of Schedule 26 to the Finance Act 1994.

Back to top

Options/Help

Print Options

Close

Legislation is available in different versions:

Latest Available (revised):The latest available updated version of the legislation incorporating changes made by subsequent legislation and applied by our editorial team. Changes we have not yet applied to the text, can be found in the ‘Changes to Legislation’ area.

Original (As Enacted or Made): The original version of the legislation as it stood when it was enacted or made. No changes have been applied to the text.

Close

Opening Options

Different options to open legislation in order to view more content on screen at once

Close

More Resources

Access essential accompanying documents and information for this legislation item from this tab. Dependent on the legislation item being viewed this may include:

  • the original print PDF of the as enacted version that was used for the print copy
  • lists of changes made by and/or affecting this legislation item
  • confers power and blanket amendment details
  • all formats of all associated documents
  • correction slips
  • links to related legislation and further information resources