Section 71 Collection and recovery of sums to be deducted
United Kingdom
(1)
The Board of Inland Revenue must make regulations with respect to the collection and recovery, whether by assessment or otherwise, of sums required to be deducted from any payments under section 61.
(2)
The regulations may include any matters with respect to which PAYE regulations may be made.
(3)
Interest required to be paid by the regulations—
(a)
is to be paid without any deduction of income tax, F1...
(b)
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Annotations
Textual amendments
- F1
S. 71(3)(b) and preceding word repealed (with effect in accordance with s. 1329(1) of the amending Act) by Corporation Tax Act 2009 (c. 4), s. 1329(1), Sch. 1 para. 570, Sch. 3 Pt. 1 (with Sch. 2 Pts. 1, 2)