Schedule 6, paragraph 15D

Any amount owed at the relevant date by the debtor to the Commissioners in respect of— value added tax, or a relevant deduction. In sub-paragraph (1), the reference to “any amount” is subject to any regulations under section 99(1) of the Finance Act 2020. For the purposes of sub-paragraph (1)(b) a deduction is “relevant” if— the debtor is required, by virtue of an enactment, to make the deduction from a payment made to another person and to pay an amount to the Commissioners on account of the deduction, the payment to the Commissioners is credited against any liabilities of the other person, and the deduction is of a kind specified in regulations under section 99(3) of the Finance Act 2020. In this paragraph “the Commissioners” means the Commissioners for Her Majesty's Revenue and Customs.

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Source: legislation.gov.uk · retrieved 2026-09-04