Payment of tax | Croner-i Tax and Accounting

– see also PAYE; Collection of tax; Self-assessment

Acceptance of property in satisfaction of tax

– see Acceptance of property in satisfaction of tax

Account, on

Credit

Legislation/Regulatory – PRTA80 s. 1(3)

Gas banking schemes

Legislation/Regulatory – SI 1982/92

Obligation to pay

Legislation/Regulatory – PRTA80 s. 1(1)

HMRC Guidance – CH900000

Penalties

Legislation/Regulatory – FA2009 s. 106, Sch. 55 ; PRTA80 s. 1(3B)

Prescribed form

Legislation/Regulatory – PRTA80 s. 1(2)

Repayment following appeal

Legislation/Regulatory – PRTA80 s. 1(5)

Statement

Legislation/Regulatory – PRTA80 s. 1(1)

Tax deposit certificates

Legislation/Regulatory – PRTA80 s. 1(6)

Transfer of interests

Legislation/Regulatory – FA80 Sch. 17, para. 13

Adjustment of SDLT

Commentary – Stamp Taxes Reporter ¶41-705 ; Stamp Taxes Reporter ¶90-215

Administration actions

Legislation/Regulatory – IHTA84 s. 232

Application to defer payment

Contingent or uncertain consideration

Commentary – Land and Buildings Transaction Tax (Scotland) ¶202-400

Generally

Commentary – Land Transaction Tax (Wales) ¶313-525

Arrangements satisfactory

Commentary – Land and Buildings Transaction Tax (Scotland) ¶202-400

Bank giro/Girobank

Commentary – Tax Reporter ¶182-775

Bank payroll tax

Legislation/Regulatory – FA2010 Sch. 1, para. 16-31

BillPay service

Commentary – Tax Reporter ¶182-775

Budget Payment Plans

Commentary – Tax Reporter ¶182-800

Business Payment Support Service

Commentary – Tax Reporter ¶188-045 ; Tax Reporter ¶200-100 ; Tax Reporter ¶487-680

HMRC Guidance – ESM4220

Calculating of deferrable amount

Commentary – Land Transaction Tax (Wales) ¶313-530

Capital gains tax

Covid-19 time to pay arrangement

Commentary – Key Data ¶2-010

Dates for gains reported on land and property

Commentary – Key Data ¶2-015

Generally

Commentary – Tax Reporter ¶183-000

Legislation/Regulatory – FA2013 Sch. 51, para. 5 ; TMA70 s. 59B

Instalment payments

Commentary – Tax Reporter ¶183-025

Self-assessment dates for payment 2018 to 2021

Commentary – Key Data ¶2-010

Certificates of tax deposit, interest rates

Commentary – Key Data ¶2-100

Cheque payments

Commentary – Tax Reporter ¶182-950

Cheque payments, when made

Legislation/Regulatory – TB04/96-4

Collection of unpaid tax

Court proceedings

Commentary – Stamp Taxes Reporter ¶100-210

Powers of collectors

Commentary – Stamp Taxes Reporter ¶100-200

Compliance failures

Commentary – Land Transaction Tax (Wales) ¶313-545

Coronavirus support scheme time to pay arrangement 2018 to 2021

Commentary – Key Data ¶2-010

Corporation tax

Due and payable dates

Commentary – Key Data ¶2-200

Due date

Commentary – Tax Reporter ¶183-410

Groups of companies

Commentary – Tax Reporter ¶183-420

Instalment payments

Commentary – Tax Reporter ¶183-435–Tax Reporter ¶183-485

Large companies instalment payments

Commentary – Key Data ¶2-200

Method of payment

Commentary – Tax Reporter ¶183-415

Overpaid/underpaid, interest on

Commentary – Tax Reporter ¶183-430–Tax Reporter ¶183-434

Penalties

Commentary – Tax Reporter ¶183-425

Correction of errors

Legislation/Regulatory – SI 1996/1527 reg. 13

Credit cards, fees

Generally

Legislation/Regulatory – FA2008 s. 136 ; SI 2011/711 ; SI 2012/689 ; SI 2016/333

Debit or credit cards

Commentary – Tax Reporter ¶182-775

Deferment application

Commentary – Land and Buildings Transaction Tax (Scotland) ¶202-400

Deferment of SDLT

Commentary – Stamp Taxes Reporter ¶41-700

Deferred, contract with

Legislation/Regulatory – FA81 s. 115

Direct debit

Commentary – Tax Reporter ¶182-775

Directions

Legislation/Regulatory – SI 1996/1527 reg. 15

Due dates

Capital gains tax

Commentary – Key Data ¶2-010 Key Data ¶2-015

Corporation tax

Commentary – Key Data ¶2-200

Income tax

Commentary – Key Data ¶2-010

Inheritance tax

Commentary – Key Data ¶2-160

Effective date of payment for interest purposes

Commentary – Tax Reporter ¶182-950

Electronic funds transfer

Commentary – Tax Reporter ¶182-950

Enforcement

Diligence

– see Diligence

Distress

– see Distress

Distress and diligence

– see Distress

Walking possession agreement

Legislation/Regulatory – FA94 Sch. 7, para. 19(1)

Walking possession agreements

Legislation/Regulatory – FA96 Sch. 5, para. 24(1) ; FA97 s. 53(9)

HMRC Guidance – CH11100 ; CH12700 ; CH14950 ; CH51250 ; CH56700

Entertainers and sportsmen withholding tax

Commentary – Tax Reporter ¶281-375

Error of law

Commentary – Tax Reporter ¶191-310

Excess due on death within one/seven years

Legislation/Regulatory – IHTA84 s. 226(3)

Following discovery assessment

Commentary – Gordon on Discovery Assessments 8.2.1

Foreign field

Legislation/Regulatory – OTA83 Sch. 4

Income tax self-assessment

– see Self-assessment

Inheritance tax

– see also Payment of inheritance tax

Generally

Commentary – Key Data ¶2-160

Instalment payments

Legislation/Regulatory – FA82 Sch. 19 ; FA99 s. 99(2)

Instalment payments, property income

Legislation/Regulatory – CTA2009 s. 236

Instalments

Businesses

Legislation/Regulatory – FA2009 Sch. 53, para. 7 ; IHTA84 s. 227

Companies

Legislation/Regulatory – FA86 s. 107 ; IHTA84 s. 234(2), (3)

Early repayment

Commentary – 30.6.6

Election for

Commentary – 30.6.2

First instalment

Legislation/Regulatory – IHTA84 s. 227(3)

Generally

Commentary – Golding and Connolly on Advising British Expats 9.3.5

Gifts with reservation of benefit

Commentary – 30.6.8

Hardship

Commentary – 30.6.4

Impact of election

Commentary – 30.6.3

Interest

Legislation/Regulatory – IHTA84 s. 234

Interest on

Commentary – 30.6.5

Land

Legislation/Regulatory – FA2009 Sch. 53, para. 7 ; IHTA84 s. 227

Land and buildings

Commentary – 30.6.4

Late payments

Legislation/Regulatory – FA2009 Sch. 53, para. 7

Option to use

Commentary – 30.6.1

Penalties

Commentary – 30.6.7

Qualifying property

Commentary – 30.6.4

Sale of property

Legislation/Regulatory – IHTA84 s. 227(4)-(6)

Legislation/Regulatory – FA2009 Sch. 53, para. 7 ; IHTA84 s. 227

Shares and securities

Commentary – 30.6.4

Ten equal yearly

Legislation/Regulatory – IHTA84 s. 227(1)

Woodlands

Commentary – 30.6.9

Legislation/Regulatory – IHTA84 s. 229

Interest

Commentary – 30.5 30.6.5

Interest on tax unpaid

Date for which interest runs

Legislation/Regulatory – IHTA84 s. 236(3)

Excess tax on transfers within seven years of death

Legislation/Regulatory – IHTA84 s. 236(1)(a)

Inheritance (Provision for Family and Dependants) Act 1975

Legislation/Regulatory – IHTA84 s. 236(2)

Instalments

Legislation/Regulatory – IHTA84 s. 234

Late report of transfers

Legislation/Regulatory – IHTA84 s. 264(6)

Political party liable

Legislation/Regulatory – IHTA84 s. 236(1)(b)

Rate of

Legislation/Regulatory – IHTA84 s. 233(2) ; SI 1989/1297

Transfer to settlement without interest in possession

Legislation/Regulatory – IHTA84 s. 236(1A)

Waiver

Legislation/Regulatory – IHTA84 s. 233(1A)

When charged

Legislation/Regulatory – IHTA84 s. 233(1)

Interim payments

Commentary – Key Data ¶2-010

Internet

Commentary – Tax Reporter ¶182-775

Internet, fees for payment by

Legislation/Regulatory – SI 2011/711

Land and buildings transaction tax (Scotland)

Commentary – Key Data ¶2-331

Land transaction returns

Liability of purchaser

Commentary – Stamp Taxes Reporter ¶90-205

Online or by post

Commentary – Stamp Taxes Reporter ¶90-200

Land transaction tax (Wales)

Commentary – Key Data ¶2-335

Late payments

Interest

– see also Interest on overdue tax

Legislation/Regulatory – F(No. 3)A2010 s. 25

Penalties for

Legislation/Regulatory – FA2009 Sch. 56 ; FA2013 Sch. 50, para. 10-14

Liability

Partnerships

Commentary – Stamp Taxes Reporter ¶110-110

Lifetime transfers

Commentary – 30.3

Limited to liability

Legislation/Regulatory – IHTA84 s. 226(6)

Link with submission of returns

Commentary – 30.2

Lloyd's underwriters

– see Lloyd's underwriters (corporate members); Lloyd's underwriters (individuals); Lloyd's underwriters

Managed payment plans

Application

Legislation/Regulatory – TMA70 s. 59G

Balancing of instalments

Legislation/Regulatory – TMA70 s. 59H

Manufactured overseas dividends

Legislation/Regulatory – SI 1993/2004 reg. 11(1)

Non-resident entertainers and sportsmen

Legislation/Regulatory – SI 1987/530

Non-residents income from land

Legislation/Regulatory – SI 1995/2902 reg. 8-12

On account

Legislation/Regulatory – IHTA84 s. 226(5)

Overdue tax

Interest

– see Interest

Penalties

– see Penalties

Overpaid, claim for relief

Legislation/Regulatory – FA2013 s. 231(2), 232(2) ; OTA75 Sch. 2, para. 13A-13F

Overpayments

Legislation/Regulatory – IHTA84 s. 241

PAYE

– see PAYE

Penalties

– see Penalties

Personal representatives by

Legislation/Regulatory – IHTA84 s. 226(2)

HMRC Guidance – IHTM05071 ; IHTM05121 ; IHTM30151 ; SAIM10350

Petroleum revenue tax

Commentary – Tax Reporter ¶795-950

Post office

Commentary – Tax Reporter ¶182-775

Postal payments

Commentary – Tax Reporter ¶182-775

Postponement pending appeals

Commentary – Stamp Taxes Reporter ¶100-115

Potentially exempt transfer chargeable

Legislation/Regulatory – IHTA84 s. 226(3A)

Probate (condition for)

Commentary – 30.7

Property in lieu

Legislation/Regulatory – IHTA84 s. 230, 231

HMRC Guidance – IHTM30185 ; IHTM30203 ; IHTM30373

Reasonable excuse for failure to pay

Case Law – Atkinson [2011] TC 00909 ; Clarke [2010] TC 00603

Refusal of grant of representation where tax unpaid

Legislation/Regulatory – SCA81 s. 109

Registration of land transactions

Commentary – Land and Buildings Transaction Tax (Scotland) ¶202-500

Repayment

– see Interest on overpaid tax; Repayment of tax

Self-assessment

– see Self-assessment

Settled property, interest on

Legislation/Regulatory – IHTA84 s. 236(1A)

Stamp duty land tax

Commentary – Key Data ¶2-310

Subcontractors in the construction industry

– see Construction industry scheme

Summary application to High Court

Legislation/Regulatory – CPA47 s. 14

Tax planning

Commentary – 30.7

Telephone banking

Commentary – Tax Reporter ¶182-775

Telephone payments, fees

Legislation/Regulatory – FA2008 s. 136 ; SI 2012/689

Threshold

Legislation/Regulatory – FA2010 s. 8 ; IHTA84 Sch. 1

Time for

Legislation/Regulatory – FA94 s. 54 ; FA96 s. 49 ; IHTA84 s. 226(1), 226(3A), (3B), (4) ; OTA75 Sch. 2, para. 13 ; SI 1994/1774 reg. 15

HMRC Guidance – IHTM30151 ; IHTM30152 ; IHTM30153

Transfers on death

Commentary – 30.4

Transfers to settlements without interests in possession

Legislation/Regulatory – IHTA84 s. 226(3B)

Transfers within seven years of death

Legislation/Regulatory – IHTA84 s. 226(3), (3A), (3B)

Trust beneficiaries

Commentary – Stamp Taxes Reporter ¶120-240

Trustee obligations

Commentary – Stamp Taxes Reporter ¶120-110

Trustees

Commentary – Tax Reporter ¶180-625

Uncertain consideration

Commentary – Land Transaction Tax (Wales) ¶313-525

Underpayments

Carelessness leading to loss of tax

Legislation/Regulatory – IHTA84 s. 240A

Generally

Legislation/Regulatory – IHTA84 s. 240(1)

Information

Legislation/Regulatory – IHTA84 s. 240A

Proceedings for recovery of

Legislation/Regulatory – IHTA84 s. 240(2), (3) ; SI 2010/867 reg. 6

HMRC Guidance – CH56800 ; IHTM10303 ; IHTM14595 ; IHTM30462

Time limits for proceedings

Legislation/Regulatory – IHTA84 s. 240(3)-(8)

Varying deferral request

Commentary – Land Transaction Tax (Wales) ¶313-540

WRA guidance

Commentary – Land Transaction Tax (Wales) ¶313-500