Commentary on Sections Overview Overview Section 1016: Table of provisions to which this section applies
3095.This section is based on section 836B of ICTA.
3096.The table in section 836B of ICTA includes two provisions (section 804(5B)(a) of ICTA and paragraph 11(3) of Schedule 20 to FA 1994) which are in substance about the recovery of double taxation credit relief that has been over-allowed, although both operate by converting the tax to be recovered to an amount charged to income tax at the basic rate.
3097.Amounts charged under those two provisions are not regarded as income for any other purpose and none of the other provisions which invoke the table (for example, to utilise losses under section 152 of this Act) could have any application in relation to these amounts. As it is misleading for them to be included in the table, they have been omitted.
3098.Amendments are made to both provisions by Schedule 1 so that they operate as charges to amounts of income tax.