Finance Act, 1993
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Amendment of section 18 (date for payment of tax) of Finance Act, 1988. |
40.—As respects accounting periods ending on or after the 1st day of May, 1993, section 18 of the Finance Act, 1988 , is hereby amended in subsection (1) (inserted by the Finance Act, 1991 )— | |
(a) by the substitution of the following paragraph for paragraph (c): | ||
“(c) where the chargeable period is an accounting period of a company, within the period of 6 months from the end of the accounting period: | ||
Provided that where the last day of the period within which the preliminary tax is due and payable is a day after the 28th day of the month in which that period ends the preliminary tax shall be due and payable not later than the 28th day of the said month,”, | ||
and | ||
(b) by the substitution of “, the last day of that period of 6 months or the 28th day of the month in which that period of 6 months ends, as the case may be” for “or the last day of that period of 7 months, as the case may be”. |