Section 38 Meaning of “advantage”I1

(1)

An “advantage”, in relation to non-domestic rates, includes in particular—

(a)

avoidance of a possible assessment,

(b)

remission,

(c)

relief (or increased relief),

(d)

repayment (or increased repayment),

(e)

deferral of a payment or advancement of a repayment.

(2)

In determining whether a non-domestic rates avoidance arrangement has resulted in an advantage, regard may be had to the amount of non-domestic rates that would have been payable in the absence of the arrangement.

Annotations

Commencement

I1: S. 38 in force at 5.11.2020 by S.S.I. 2020/327, sch.