Taxes Consolidation Act 1997 section 1080C

Covid-19: interest charge on relevant person under section 1080B

Section 1080C removes the interest charge on warehoused income tax for an owner-director where both the director and their employer company have availed of Covid-19 debt warehousing, ensuring that interest on the tax due on the director's salary is collected from the employer only.

Access full legislation.And much more.

By becoming a member, your team gets full access to Tax World research tools and source-backed tax resources.