In the heading the words “or 77BA” inserted by FA 2018, s. 39(7)(a), with effect from 15 March 2018.

77D(1)  If an amount assessed under section 77C is not paid before the end of the period of 30 days beginning with the day on which notice of the assessment is given, the amount assessed carries interest from the day on which the notice of assessment is given until payment.

77D(2)  Interest under this section is payable at the rate applicable under section 197 of the Finance Act 1996.

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