Taxes Management Act 1970 Schedule 3ZC paragraph 11

All of outstanding balance attributable to particular qualifying transaction due

Paragraph 11 of Schedule 3ZC deals with what happens when a significant event — known as a trigger event — occurs during the instalment period in relation to a qualifying transaction covered by a CT payment plan, requiring the full outstanding balance of deferred tax attributable to that transaction to become due immediately.

Access full legislation.And much more.

By becoming a member, your team gets full access to Tax World research tools and source-backed tax resources.