Related HMRC Manuals

283(1)  Subject to the provisions of this section, where in the case of capital gains tax paid by or on behalf of an individual for a year of assessment a repayment of that tax is made by the Board or an officer of the Board, the repayment 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 and the date on which the order for the repayment is issued.

283(2)  For the purposes of subsection (1) above, the relevant time is the date on which the tax was paid.

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