Arrangements in the Acts to allow the revenue authorities to protect their position where payments were to be made overseas, by requiring the withholding of amounts equivalent to the tax payable, went as far as the Act expressly allowed, and no further. There is a substantial gap in such provision. No direction was available where there was only a prospect of anticipated future liability, rather than a present liability to make such a payment.
Citations:
Times 02-Mar-2000, Gazette 09-Mar-2000
Statutes:
Income and Corporation Taxes Act 1988 775 776 777
Jurisdiction:
England and Wales
Income Tax
Updated: 03 November 2022; Ref: scu.84570