UK Act of Parliament
1985
United Kingdom
Finance Act 1985
At a glance
What this Act requires
Sections that create concrete duties on businesses or carry penalties. Procedural and definitional sections are folded into the “Browse other sections” expander at the bottom of each group. Click any section title to read the source text on legislation.gov.uk.
Schedules
Browse 49 other Schedules — structural / supplementary
In section 14 (the attenuation charge) at the end of...
The following shall be substituted for section 20 of the...
The following shall be inserted after section 20 of that...
In section 27(3) of that Act (expressions have meanings given...
In paragraph 11 of Schedule 3 to that Act (securing...
(1) In section 21 (gaming machine licences) in subsection (1)...
Any orders or regulations made under any provision of Schedule...
(1) In section 22 (gaming machine licence duty) in subsection...
(1) In section 23 (amount of duty) in paragraph (a)...
In section 24(5) (provision of gaming machine in contravention of...
In section 26(2) (interpretation of provisions relating to gaming machine...
In section 33(1) (general interpretation provisions) at the end of...
(1) In Schedule 4 (gaming machine licence duty), in paragraph...
(1) . . . . . . . . ....
In paragraph 7(2) (records to be preserved for a period...
(1) In paragraph 8 (furnishing of information and production of...
After paragraph 9 there shall be inserted the following paragraph...
(1) In paragraph 10 (entry and search of premises and...
After paragraph 10 there shall be inserted the following paragraphs—...
In this Schedule “Schedule 8” means Schedule 8 to the...
(1) In paragraph 2 of the Schedule 8, in subparagraph...
(1) In paragraph 3 of Schedule 8, in subparagraph (1)...
In paragraph 4 of Schedule 8— (a) for the words...
(1) In paragraph 7 of Schedule 8, in subparagraph (3),...
(1) Officers and staff may be appointed under section 27...
(1) This Schedule has effect for determining the original market...
(a) The heading beginning “Agreement or contract made or entered...
(1) In this Part of this Schedule “the 1976 Act”...
In section 135 of the Finance Act 1981 (Chevening estate)...
(1) In any case where— (a) before 19th March 1985...
Where, by virtue of paragraph 21 or paragraph 22 of...
In section 38 of the Taxes Management Act 1970 (modification...
In section 40 of that Act (assessment on personal representatives)...
In section 70 of that Act (evidence) in subsection (2)...
In section 30 (1) (b) of the Capital Transfer Tax...
After section 207 (2) of that Act there shall be...
In sections 216 (7), 226 (4) and 233 (1) (c)...
In paragraph 3 of Schedule 4 to that Act—
In paragraph 4 (2) of Schedule 6 to that Act,...
(1) Section 31 of that Act shall be amended as...
(1) Section 32 of that Act (chargeable events for conditionally...
The following shall be inserted after section 32 of that...
In sections 33 (1), 34 (1), and 221 (6) (a)...
In sections 33 (6) and 34 (4) of that Act,...
For section 35 (2) (a) and (b) of that Act...
In section 78 of that Act— (a) in subsection (1)...
In section 79 (3) (b) of that Act after “given”...
The repeals in paragraphs 5 and 8 of Schedule 8...
Browse 63 other sections — procedural / definitional / commencement
Spirits, beer, wine, made-wine and cider.
The repeal in the Hydrocarbon Oil Duties Act 1979 has...
Hydrocarbon oil.
Vehicles excise duty.
Blending of certain wines to constitute production of wine.
Miscellaneous amendments relating to spirits and beer.
Hydrocarbon oil: mixing
Gaming machine licence duty.
Vehicles excise duty: fees.
Computer records etc.
Newspaper advertisements.
Offences and penalties in criminal proceedings.
Tax evasion: conduct involving dishonesty.
Incorrect certificates as to zero–rating etc.
Serious misdeclaration or neglect resulting in understatements or overclaims.
Persistent misdeclaration resulting in understatements or overclaims.
Inaccuracies in EC sales statements.
Failures to notify and unauthorised issue of invoices.
Mitigation of penalties under sections 13, 14, 14A and 15.
Breaches of walking possession agreements.
Breaches of regulatory provisions.
Penalties for failure to submit EC sales statement.
Interest on tax etc. recovered or recoverable by assessment.
The default surcharge.
Repayment supplement in respect of certain delayed payments or refunds.
Assessment of amounts due by way of penalty, interest or surcharge.
Assessments: time limits and supplementary assessments.
Amendments of Schedule 7 to the principal Act.
Amendments of section 40 of the principal Act.
Settling appeals by agreement.
Certain appeals to lie directly to the Court of Appeal.
Procedural rules governing appeals.
Penalty for failure to comply with directions etc. of tribunal.
Enforcement of certain decisions of tribunal.
Appointments to and administration of tribunals.
Insolvency.
Interpretation and construction of Chapter II.
Agents acting for non-residents.
Withdrawal of right of certain non-resident companies to payment of tax credits.
Exemption for gilt-edged securities and qualifying corporate bonds.
Modification of indexation allowance.
Relief for disposals by individuals on retirement from family business.
Relief for other disposals associated with retirement.
Assets disposed of in a series of transactions.
Commodity and financial futures and traded options.
Renounceable letters of allotment etc.
Gifts inter vivos.
Part III Transfers in connection with divorce, dissolution of civil partnership, etc.
Death: varying dispositions, and appropriations.
Repeal of certain fixed duties.
Abolition of duty on contract notes.
Certificates.
Exchange rates.
Exemption from section 28 of Finance Act 1931.
Limitations on relief for exploration and appraisal expenditure.
Chargeable periods relevant to limit on tax payable and expenditure supplement.
Qualifying asset; exclusion of land and certain buildings etc.
Abolition of development land tax and tax on development gains.
Capital transfer tax: conditional exemption.
The national heritage: transfer of Treasury functions to Board.
European Union and Investment Bank: exemptions.
Extension of Provisional Collection of Taxes Act 1968 to reduced and composite rates.
Short title interpretation, construction and repeals.
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