Taxes Management Act 1970 section 91A

Interest on overdue development land tax

Section 91A provided for interest to be charged on overdue payments of development land tax.

• This section was introduced by the Development Land Tax Act 1976 to deal with interest on late payments of development land tax.
• Development land tax was a tax charged on the realised development value of land in the United Kingdom.
• The section was repealed by the Finance Act 1985, which abolished development land tax entirely.
• As both the originating provision and this section have been repealed, section 91A is no longer in force and has no current practical application.