Commentary on Sections Overview Overview Section 239: Date from which interest is chargeable
744.This section gives the date from which interest runs if EIS relief is withdrawn or reduced by an assessment. It is based on sections 299A(2) and 307(6) and (8A) of ICTA.
745.Subsection (1) contains a table setting out the dates that apply. Those dates depend on the provision on which the assessment is based.
746.The table does not include anything derived from section 307(6)(a) and (aa) and (7) of ICTA. Nor is there any material derived from 306(9) of ICTA. Those provisions do not fit with Self Assessment. See Change 53 in Annex 1.
747.Section 307(8) of ICTA is redundant as it refers to spent legislation and has not been rewritten.