[87 Interest on overdue income tax deducted at source]
Taxes Management Act 1970 (1970 c 9) | Legislation

[87  Interest on overdue income tax deducted at source]

[(1)     Income tax which is assessable under Chapter 15 of Part 15 of ITA 2007 carries interest at the rate applicable under section 178 of the Finance Act 1989 from the date when it was due under section 951 of ITA 2007 until payment.

(2)     Subsection (1) applies—

(a)     whether or not an assessment is made, and

(b)     whether or not income tax which is

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