| Guvnor

Status: In Force

What it defines

Sections creating concrete business duties or carrying penalties, grouped as the instrument is structured. Titles link to the source text — blue means you’re leaving for legislation.gov.uk.

124 other provisions — procedural and definitional

s.001 Spirits, beer, wine, made-wine and cider.

s.002 Tobacco products.

s.003 Hydrocarbon oil.

s.004 Vehicles excise duty.

s.005 Pool betting duty.

s.006 Gaming licence duty.

s.007 Beer duty.

s.008 Vehicles excise duty: exemptions.

s.009 Vehicles excise duty: combined transport.

s.010 Extension of Vehicles (Excise) Act 1971 to Northern Ireland.

s.011 Revenue traders and registered excise dealers and shippers.

s.012 Protection of the revenues derived from excise duties.

s.013 Rate.

s.014 Person supplied for input tax purposes.

s.015 Bad debts.

s.016 Groups of companies.

s.017 Interest on overpayments etc.

s.018 Reduction of penalty for serious misdeclaration etc.

s.019 Vehicles leased to the handicapped.

s.020 Research vehicles.

s.021 Charge and rates of income tax for 1991-92.

s.022 Married couple’s allowance.

s.023 Rate of corporation tax for 1990.

s.024 Charge and rate of corporation tax for 1991.

s.025 Small companies.

s.026 Relief for interest.

s.027 Abolition of higher rate relief on certain mortgage interest etc.

s.028 Mortgage interest relief: caravans.

s.029 Car benefits.

s.030 Mobile telephones.

s.031 Beneficial loans: increase of de minimis limit.

s.032 Relief.

s.033 Section 32: supplementary.

s.034 Conditions for approval: amendments.

s.035 Cessation of approval.

s.036 Cessation of approval: general provisions.

s.037 Profit-related pay: increased relief.

s.038 Employee share schemes: non-discrimination.

s.039 Approved share option schemes: price at which shares may be acquired.

s.040 Savings-related share option schemes.

s.041 Profit sharing schemes.

s.042 Costs of establishing share option or profit sharing schemes: relief.

s.043 Costs of establishing employee share ownership trusts: relief.

s.044 Priority share allocations for employees etc.

s.045 Seafarers.

s.046 Workers in Kuwait or Iraq.

s.047 Investor protection schemes.

s.048 Assimilation of basic life assurance business and general annuity business.

s.049 Pension business: payments on account of tax credits and deducted tax.

s.050 Friendly societies.

s.051 Qualifying shares.

s.052 Marketable securities.

s.053 Income Tax (Building Societies) Regulations 1986.

s.054 New issues.

s.055 Purchase and sale of securities: options.

s.056 Bondwashing.

s.057 Stock lending.

s.058 Manufactured dividends and interest.

s.059 Interaction with VAT capital goods scheme.

s.060 Toll roads.

s.061 Hiring motor cars.

s.062 Expenditure on and under abandonment guarantees.

s.063 Relief for reimbursement expenditure under abandonment guarantees.

s.064 Relief for expenditure incurred by a participator in meeting defaulter’s abandonment expenditure.

s.065 Reimbursement by defaulter in respect of certain abandonment expenditure.

s.066 Restriction on setting ACT against liability to corporation tax on profits from oil extraction activities etc.

s.067 Oil licences.

s.068 Gifts to educational establishments.

s.069 Expenses of entertainers.

s.070 Personal equity plans.

s.071 Donations to charity.

s.072 Deduction of trading losses.

s.073 Relief for company trading losses.

s.074 Trade unions and employers’ associations.

s.075 Audit powers in relation to non-residents.

s.076 Capital element in annuities.

s.077 Definition of “normal commercial loan”.

s.078 Sharing of transmission facilities.

s.079 Abolition of CRT: consequential amendment.

s.080 Interest on certain debentures.

s.081 Agents acting for non-residents.

s.082 Certificates of non-liability to tax.

s.083 Trustees ceasing to be resident in U.K.

s.084 Death of trustee: special rules.

s.085 Past trustees: liability for tax.

s.086 Trustees ceasing to be liable to U.K. tax.

s.087 Acquisition by dual resident trustees.

s.088 Disposal of settled interest.

s.089 Non-resident settlements where settlor has an interest.

s.090 Settlements: beneficiaries charged on capital payments.

s.091 Settlements: further provisions about beneficiaries.

s.092 Settlements with foreign element: miscellaneous.

s.093 Meaning of permitted area.

s.094 Amount of relief.

s.095 Housing for Wales.

s.096 Scottish Homes.

s.097 Foreign assets: delayed remittances.

s.098 Corporate bonds.

s.099 Indexation.

s.100 Relief on certain business etc. disposals by persons over 55 or who retire under that age for ill health.

s.101 Amendments of rebasing provisions.

s.102 Traded options: closing purchases.

s.103 Allowance of certain expenditure relating to abandonment, decommissioning assets, etc.

s.104 Abandonment guarantees.

s.105 Restriction of expenditure relief by reference to payments under abandonment guarantees.

s.106 Relief for reimbursement expenditure under abandonment guarantees.

s.107 Allowance of expenditure of participator meeting defaulter’s field abandonment expenditure.

s.108 Reimbursement by defaulter in respect of certain abandonment expenditure.

s.109 PRT: proceedings for penalties.

s.110 Stamp duty abolished in certain cases.

s.111 Stamp duty reduced in certain cases.

s.112 Apportionment of consideration for stamp duty purposes.

s.113 Certification of instruments for stamp duty purposes.

s.114 Acquisition under statute: exempt property.

s.115 Northern Ireland bank notes: duty abolished.

s.116 Investment exchanges, clearing houses and central securities depositories: stamp duty

s.117 Investment exchanges, clearing houses and central securities depositories: SDRT

s.118 Designated international organisations: miscellaneous exemptions.

s.119 Trading funds.

s.120 National savings: date of issue of repayment warrants etc.

s.121 Pools payments to support games etc.

s.122 Interpretation etc.

s.123 Repeals.

s.124 Short title.

Schedules

0 of 95 shown

95 other schedules

s.sch001 TABLE OF RATES OF DUTY ON WINE AND MADE-WINE Description...

s.sch002 Subject to section 7 of this Act and the following...

s.sch002 In section 44 of that Act (remission or repayment of...

s.sch002 For section 46 of that Act (remission or repayment of...

s.sch002 For section 49 of that Act (power to regulate manufacture...

s.sch002 (1) In section 49A of that Act, in subsection (1)...

s.sch002 Section 50 of that Act (regulations as respects sugar kept...

s.sch002 Section 53 of that Act (limited licences to brew) shall...

s.sch002 Section 71A of that Act (restrictions on adding substances to...

s.sch002 In section 1 of the Alcoholic Liquor Duties Act 1979,...

s.sch002 Section 72 of that Act (offences by wholesaler or retailer...

s.sch002 In Schedule 3 to the Bankruptcy (Scotland) Act 1985 (list...

s.sch002 In section 386(1) of the Insolvency Act 1986 (categories of...

s.sch002 In Schedule 6 to the Insolvency Act 1986 (categories of...

s.sch002 In Article 346(1) of the Insolvency (Northern Ireland) Order 1989...

s.sch002 In Schedule 4 to the Insolvency (Northern Ireland) Order 1989...

s.sch002 (1) In section 2 of that Act, in subsection (3A)...

s.sch002 In section 3 of that Act (meaning of, and method...

s.sch002 (1) Section 4(1) of that Act (definitions) shall be amended...

s.sch002 Sections 37, 38 and 39 of that Act (which make...

s.sch002 Section 40 of that Act (duty on imported beer etc)...

s.sch002 For section 41 of that Act (exemption from duty of...

s.sch002 In section 42 of that Act (drawback on exportation, removal...

s.sch003 (1) Section 18B (combined transport of goods) shall be amended...

s.sch003 In section 11 of the Finance Act 1976, for subsection...

s.sch003 (1) In section 7 (miscellaneous exemptions from duty)—

s.sch003 (1) In section 18A (additional liability in relation to alteration...

s.sch006 (1) In section 160 of the Taxes Act 1988 (charge...

s.sch006 (1) In Schedule 7 to that Act (taxation of benefit...

s.sch006 Paragraph 6 of that Schedule (meaning of “interest eligible for...

s.sch007 In section 76 of the Taxes Act 1988 (expenses of...

s.sch007 (1) . . . . . . . . ....

s.sch007 (1) In the application of the I - E rules...

s.sch007 (1) An insurance company’s unrelieved general annuity losses shall be...

s.sch007 Paragraphs 1, 3, 4, 5, 6(1) and (2), 7, 8,...

s.sch007 (1) In section 436 of that Act (general annuity business...

s.sch007 (1) In section 446 of that Act (computation under section...

s.sch007 In section 474 of that Act, in subsection (1)(b) (certain...

s.sch009 (1) Section 464 of that Act (maximum benefits payable to...

s.sch009 (1) In Schedule 15 to that Act (qualifying policies) in...

s.sch009 (1) This paragraph applies to any policy—

s.sch010 (1) Section 710 of the Taxes Act 1988 (meaning of...

s.sch010 (1) The following section shall be inserted after section 477A...

s.sch011 (1) Section 349 of the Taxes Act 1988 (annual interest...

s.sch011 (1) Section 477A of the Taxes Act 1988 (building societies:...

s.sch011 (1) Schedule 16 to the Taxes Act 1988 (collection of...

s.sch011 (1) A building society may not make more than one...

s.sch011 (1) In section 18 of the Taxes Management Act 1970...

s.sch012 The following section shall be inserted after section 587 of...

s.sch012 The following section shall be inserted after section 726 of...

s.sch012 This Schedule applies if the new securities are issued on...

s.sch013 After Schedule 23 to the Taxes Act 1988 there shall...

s.sch013 (1) Section 737 of the Taxes Act 1988 (manufactured dividends:...

s.sch014 In section 1 of the Capital Allowances Act 1990 (enterprise...

s.sch014 (1) In section 75 of that Act (connected persons etc)...

s.sch014 (1) In section 137 of that Act (deductions for capital...

s.sch014 (1) In section 138 of that Act, after subsection (2)...

s.sch014 In section 159 of that Act, in subsection (2) (time...

s.sch014 (1) In section 2 of that Act, in subsection (1)...

s.sch014 (1) In section 3 of that Act (writing-down allowances in...

s.sch014 (1) In section 4 of that Act, in subsection (1)...

s.sch014 (1) In section 8 of that Act, for subsection (2)...

s.sch014 (1) In section 22 of that Act (first-year allowances: transitional...

s.sch014 (1) In section 24 of that Act, after subsection (1)...

s.sch014 (1) In section 26 of that Act (which defines the...

s.sch014 (1) In section 37 of that Act, after subsection (4)...

s.sch015 (1) In section 86 of the Taxes Management Act 1970...

s.sch015 In section 397(2) of that Act (which excludes certain losses...

s.sch015 In section 399 of that Act (dealings in commodity futures...

s.sch015 In section 400 of that Act (write-off of government investment)...

s.sch015 (1) In section 403 of that Act (losses etc which...

s.sch015 (1) In section 407 of that Act (relationship between group...

s.sch015 In section 434 of that Act (insurance companies: franked investment...

s.sch015 In section 458 of that Act (capital redemption business) in...

s.sch015 In section 492 of that Act (treatment of oil extraction...

s.sch015 (1) In section 518 of that Act (harbour reorganisation schemes)...

s.sch015 (1) After section 768 of that Act (change in ownership:...

s.sch015 In section 808 of that Act (restriction on deduction of...

s.sch015 In section 825 of that Act, in subsection (4) (restrictions...

s.sch015 In section 826 of that Act (interest on tax overpaid)...

s.sch015 In section 843 of that Act (commencement) in subsection (4)...

s.sch015 In Schedule 5 to that Act (treatment of farm animals...

s.sch015 (1) In Schedule 30 to that Act (transitional provisions and...

s.sch015 In section 114 of the Taxes Act 1988 (special rules...

s.sch015 In section 118 of that Act (restriction on relief: companies)—...

s.sch015 (1) In section 343 of that Act (company reconstructions without...

s.sch015 In section 393 of that Act (losses other than terminal...

s.sch019 The repeal of section 62(2) of the Finance Act 1989...

s.sch019 The repeals in sections 2(1), 3(3) and 26(1) of the...

s.sch019 The repeal of section 25(2)(h) of the Finance Act 1990...

s.sch019 The repeals of section 339A of the Income and Corporation...

s.sch019 The following repeals have effect for the year 1991-92 and...

s.sch019 The repeals in section 465 of, and Schedule 15 to,...

s.sch019 The repeal of section 590(5) and (6) of the Income...

s.sch019 The repeals of sections 737(4) and 738(2) of the Income...

Duty extraction and severity labels are Guvnor’s analysis of the instrument, not the instrument itself. Always verify against the linked source text.

Finance Act 1991

What it defines

Schedules