# Taxes Management Act 1970, Paragraph 11

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

(1) Where a CT exit charge payment plan is entered into the ECPP tax is due in 6 instalments of equal amounts as follows—
(a) the first instalment is due on the first day after the period of 9 months beginning immediately after the end of the migration accounting period, and
(b) the other 5 instalments are due one on each of the first 5 anniversaries of that day.
(2) But see paragraphs 12, 13 and 14 for circumstances in which all or part of the outstanding balance of the ECPP tax becomes due otherwise than by those instalments.

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Source: https://www.legislation.gov.uk/ukpga/1970/9/schedule/3ZB/paragraph/11 (the official version)
Page: https://openlegislation.uk/taxes-management-act-1970/schedule-3ZB/paragraph-11
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.