# Finance Act 2000, Paragraph 110


(1) Interest under paragraph 109 shall be paid without any deduction of income tax.
(2) Sub-paragraph (3) applies where—
(a) an amount carries interest under paragraph 109 (or would do so apart from that sub-paragraph); and
(b) all or part of the amount turns out not to be due.
(3) In such a case—
(a) the amount or part that turns out not to be due shall not carry interest under paragraph 109 and shall be treated as never having done so; and
(b) all such adjustments as are reasonable shall be made, including (subject to paragraphs 64 to 76) adjustments by way of repayment.

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Source: https://www.legislation.gov.uk/ukpga/2000/17/schedule/6/paragraph/110 (the official version)
Page: https://openlegislation.uk/finance-act-2000/schedule-6/paragraph-110
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.