For certain assessments prior to the introduction of Self Assessment a ‘cut-off’ date was applied in the calculation of interest following an appeal. This included Schedules A and D, Capital Gains Tax, IT-Taxed Income and Corporation Tax assessments.

In order to limit the time an appeal may be kept open without interest running, Section 86 (4) TMA 1970 and Section 101 FA 2009 impose a date from which interest will run on any amounts under appeal which become due and payable after that date.

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