Income Tax Act 2004

  • repealed
  • Income Tax Act 2004: repealed, on 1 April 2008, by section ZA 1(1) of the Income Tax Act 2007 (2007 No 97).

Tax credits for families

Heading: substituted (with effect from 1 April 2007), on 19 December 2007, by section 104(1) of the Taxation (Business Taxation and Remedial Matters) Act 2007 (2007 No 109).

GC 28 Tax credits for families

If the Commissioner is satisfied that arrangements have been made between a person and another person with a view to the affairs of those persons being arranged or conducted so that subpart KD would, but for this section, have effect more favourably for that person than would otherwise have been the case, the amount of a credit of tax to which that person is entitled under subpart KD may not be more than the amount of the credit of tax to which the person would, in the Commissioner’s opinion, have been entitled if those arrangements had not been made.

Compare: 1994 No 164 s GC 28

Section GC 28 heading: substituted (with effect from 1 April 2007), on 19 December 2007, by section 104(2) of the Taxation (Business Taxation and Remedial Matters) Act 2007 (2007 No 109).