2024 No. 335

INCOME TAX

The Authorised Surplus Payments Charge (Variation of Rate) Order 2024

Made

7th March 2024

Laid before the House of Commons

11th March 2024

Coming into force

6th April 2024

The Treasury make this Order in exercise of the power conferred by section 207(5) of the Finance Act 2004( 1 ).

Citation and commencement

1. This Order may be cited as the Authorised Surplus Payments Charge (Variation of Rate) Order 2024 and comes into force on 6th April 2024.

Decrease in rate of authorised surplus payments charge

2. In section 207(4) of the Finance Act 2004 (rate of authorised surplus payments charge) for “35%” substitute “25%” .

Amanda Solloway

Mike Wood

Two of the Lords Commissioners of His Majesty's Treasury

7th March 2024

( 1 )

2004 c. 12 .

1. Citation and commencement

2. Decrease in rate of authorised surplus payments charge

Status: This is the original version (as it was originally made). This item of legislation is currently only available in its original format.

The Authorised Surplus Payments Charge (Variation of Rate) Order 2024 (2024/335)

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