# Income Tax Act 2007, Paragraph 567


In section 682 (assessments, adjustments and claims after the administration period) after subsection (4) insert—
“(4A) The excess charged under subsection (4)(b) is treated as an amount of income for income tax purposes, except so far as it represents a tax reduction given effect at Step 6 of the calculation in section 23 of ITA 2007.”

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Source: https://www.legislation.gov.uk/ukpga/2007/3/schedule/1/paragraph/567 (the official version)
Page: https://openlegislation.uk/income-tax-act-2007/schedule-1/paragraph-567
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.