# Finance Act 2026, Paragraph 13: Instalments and interest

Extent: E+W+S+N.I.

(1) In section 227 (payment by instalments), in subsection (2)—
(a) after paragraph (a) insert—
“(aa) property that is relevant business property for the purposes of Chapter 1 of Part 5;”, and
(b) in paragraph (b), after “applies” insert “and that are not relevant business property for the purposes of that Chapter”.
(2) In section 234 (interest on instalments)—
(a) in subsection (1)(a), for the words from “the value” to the end substitute
“—
(i) value treated as reduced under Chapter 1 or 2 of Part 5 of this Act, or
(ii) the value of any shares, securities, business or interest in a business, if that value is not treated as reduced under either Chapter of that Part, or”, and
(b) in subsection (2), for “(not being tax attributable to value treated as reduced under Chapter II of Part V of this Act)” substitute “that is not tax attributable to value treated as reduced under Chapter 1 or 2 of Part 5 of this Act”.

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Source: https://www.legislation.gov.uk/ukpga/2026/11/schedule/12/paragraph/13 (the official version)
Page: https://openlegislation.uk/finance-act-2026/schedule-12/paragraph-13
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.