SolvedCOM110072 | Pursuit: automatic and clerical pursuit: legislation: permanent local action (PLA) cases
From HM Revenue & Customs · COTAX Manual
The table below gives a brief explanation of what the legislation relevant to this subject contains
| Section | Explanation |
| 87A Taxes Management Act (TMA) 1970 | The legislation for charging late payment interest on mainstream CT |
| S458 Corporation Tax Act (CTA) 2010 (formerly S419(4) Income and Corporation Taxes Act ICTA 1988 | Allows relief to be given in respect of the repayment or part repayment of a loan or advance made by a close company |
| Schedule 16 ICTA 1988 | The rules for the recovery of Income Tax on company payments which are not distributions |
| Para 7 Schedule 18 Finance Act (FA) 1998 | Every company tax return for a CTSA AP must include a self assessment of the amount of tax which is payable |