TaxTMI Login
Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
of 
of 
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of of 
All Acts & Rules
of of All Acts & Rules
Note
Bookmark
Share
Don't have an account? Register Here
of <h1>Finance Act 1981: Sections 7A-7D Mandate Advance Surtax Payments by Companies, Detail Interest on Over/Underpayments.</h1> Sections 7A to 7D of the Companies (Profits) Surtax Act, introduced by the Finance Act of 1981, mandate advance payment of surtax by companies. Section 7A outlines the computation and payment schedule for advance surtax, requiring companies to estimate and pay in three instalments during the financial year. Section 7B specifies that the government will pay interest on excess advance surtax paid, while Section 7C imposes interest on companies if their advance payments fall short. Section 7D allows for interest charges if a company underestimates its advance surtax, with provisions for adjustments and interest waivers under certain conditions.
TaxTMI 
TaxTMI 
