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StatuteInheritance Tax Act 1984

Section 235 — Inheritance Tax Act 1984: Interest on overpaid tax.

Text of the provision Official document

Interest on overpaid tax. 235 1 Any repayment of an amount paid in excess of a liability for tax or for interest on tax shall carry interest from the date on which the payment was made until the order for repayment is issued at the rate applicable under section 178 of the Finance Act 1989 .

2 Interest paid under this section shall not constitute income for any tax purposes.

Official source: legislation.gov.uk

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Statutory text from an official public source. Informational content — does not replace advice from a qualified solicitor.