Related Commentary  Related HMRC Manuals

952(1)  A person who makes a section 946 payment may make a set-off claim if conditions A and B are met at the end of a return period which falls within an accounting period of the person.

952(2)  Condition A is that in the return period the person has–

(a)made a section 946 payment, or

(b)received a payment on which the person has suffered income tax by deduction.

952(3)  Condition B is that at the end of the return period there is–

(a)a net amount of income tax suffered (see subsection (4)), and

(b)a net amount of income tax payable (see subsection (5)).

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