Section Sch50-“ 80KT — Income Tax Act 2007: Details of payments of tax credits

“ 80KT Details of payments of tax credits “ (1) This section applies when the chief executive pays under section 80KN a tax credit to a person. “ (2) The chief executive must, for each month in which a payment is made, give the Commissioner details of the payment in an employer monthly schedule. “ (3) The chief executive must, not later than 20 April next following the last day of the tax year in which the payment is made, give the person— “ (a) a summary— “ (i) signed by the chief executive; and “ (ii) in a form authorised by the Commissioner; and “ (iii) showing the total of all of the tax credits paid; and “ (b) any other information required by the Commissioner. “ (4) The chief executive must, not later than 31 May in the tax year in which the summary is provided under subsection (3), give the Commissioner— “ (a) a copy of every summary given by the chief executive under subsection (3)(a); and “ (b) any other information required by the Commissioner. “ Compare: 2004 No 35 s KD 6(4)