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Legislation
Income Tax (Trading and Other Income) Act 2005

Crossheading Interest only income

  • Section 749 Repayment interest, and interest paid under repayment supplements
  • Section 749A Interest on tax overpaid
  • Section 750 Interest from tax reserve certificates
  • Section 751 Interest on damages for personal injury
  • Section 752 Interest under employees' share schemes
  • Section 753 Interest on repayment of student loan
  • Section 753A Interest on unpaid relevant contributions
  • Section 754 Redemption of funding bonds
  • Section 755 Interest on foreign currency securities etc. owned by non-UK residents
  • Section 756 Which securities and loans are foreign currency ones for section 755
  • Section 756A Interest on certain deposits of victims of National-Socialist persecution
  1. Income Tax (Trading and Other Income) Act 2005
  2. /
  3. /Interest only income

Section 749A | Interest on tax overpaid

From legislation.gov.uk

15 July 2026

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No liability to income tax arises in respect of interest paid under section 826 of ICTA (interest on tax overpaid).F1

Notes

  1. F1

    S. 749A inserted (with effect in accordance with s. 1329(1) of the amending Act) by Corporation Tax Act 2009 (c. 4), s. 1329(1), Sch. 1 para. 635 (with Sch. 2 Pts. 1, 2)

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