Related Commentary  Related HMRC Manuals

786(1)  This section applies if a person (“A”) is assessed to tax under this Chapter in respect of consideration receivable by another person (“B”).

786(2)  Consideration is not regarded as having become receivable by B for this purpose until B can effectively enjoy or dispose of it.

786(3)  A is entitled to recover from B any part of the tax which A has paid.

786(4)  If any part of the tax remains unpaid at the end of the period of 6 months beginning with the date when it became due and payable, it is recoverable from B as if B were the person assessed.

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