Section 1141 “Payment period”

In this Part a “payment period” means a period—

(a)

which ends on the fifth day of a month, and

(b)

for which the company is liable to account for income tax and national insurance contributions to an officer of Revenue and Customs.

Notes on Part 13

F1: Words in Pt. 13 heading omitted (with effect in relation to accounting periods beginning on or after 1.4.2024) by virtue of Finance Act 2024 (c. 3), Sch. 1 paras. 3, 16 (with Sch. 1 para. 18); S.I. 2024/286, reg. 2