Interest on CT penalties

Interest on CT penalties

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Is interest charged on late-filing penalty deductible? Revenue guidance etc refers to interest under TMA1970 s.87A being deductible, but I can find no reference to s.103A interest. However, FA1996 s.100(7) refers to ANY interest chargeable under the Taxes Acts as bein treated as non-trading debit, therefore deductible?
David Lochhead

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