# The Lloyd’s Underwriters (Tax) (1987—88) Regulations 1990, Regulation 4: Date for payment


(1) Subject to paragraph (2)—
(a) tax charged by an assessment on—
(i) the profits or gains arising to a member from his underwriting business, and
(ii) the profits or gains arising to him from assets forming part of a premiums trust fund,
shall be payable on or before 1st July 1991, and
(b) tax charged by an assessment on a member’s syndicate gains shall be payable on or before 1st January 1991.
(2) Tax contained in an assessment made less than 30 days before, or after, the date specified in sub-paragraph (a) or (b) of paragraph (1) shall be payable at the expiration of a period of 30 days beginning with the date of the issue of the notice of assessment.

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Source: https://www.legislation.gov.uk/uksi/1990/627/regulation/4 (the official version)
Page: https://openlegislation.uk/lloyds-underwriters-tax-198788-regulations-1990/regulation-4
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.