Overview Schedule 16 Paragraph 8
3223.Paragraph 8 of Schedule 16 to ICTA has not been rewritten as it is obsolete following the abolition of Advance Corporation Tax (ACT) in April 1999.
3224.Prior to April 1999, paragraph 8 of Schedule 16 applied only to payments which “should have been included in a return under Schedule 13” (ie ACT payments). Following the abolition of ACT, section 91 of FA 1999 (which amended paragraph 8 of Schedule 16), did not simply repeal paragraph 8 of Schedule 16 but instead amended it to apply whenever a payment was included when it “should not have been so included”. This goes beyond the original intention of paragraph 8 and is unnecessary.