UK Act of Parliament
1996
United Kingdom
Finance Act 1996
At a glance
Enforced by
What's here
37 compliance obligations, 1 practical guide · 3 statutory instruments
Penalty landscape
3 of 37 obligations carry imprisonment (7 years). 8 carry different penalties and 26 have no criminal penalty — flagged in the list below.
Who this Act binds
Business-side actors with duties under this Act, ranked by how often they appear.
- Any Person 14
- Trader 4
- Operator 2
- Applicant 1
- Manufacturer 1
- Occupier 1
Plus 8 non-business duties on Crown ministers, regulators, local authorities or tribunals — shown collapsed under each section below.
Relevant guidance
Practical guides for businesses affected by this Act, ordered by how closely they engage with it.
Supporting — topic alignment
1 guidesOther Acts binding the same actors
For each actor bound by this Act, the other UK Acts that bind them most often. Useful for understanding the full compliance landscape facing each role.
Any Person also bound by 742 other Acts (top 5 shown)
- Human Medicines Regulations 2012 2012 101 duties
- Road Traffic Act 1988 1988 95 duties
- Air Navigation Order 2016 2016 83 duties
- Merchant Shipping Act 1995 1995 82 duties
- Road Traffic (NI) Order 1995 1995 61 duties
Traders also bound by 218 other Acts (top 5 shown)
- Value Added Tax Regulations 1995 1995 397 duties
- Companies Act 2006 2006 37 duties
- TULRCA 1992 1992 36 duties
- The Customs (Import Duty) (EU Exit) Regulations 2018 2018 33 duties
- Insolvency (England and Wales) Rules 2016 2016 31 duties
Operators also bound by 124 other Acts (top 5 shown)
- Space Industry Regulations 2021 2021 71 duties
- Payment Services Regulations 2017 2017 41 duties
- Air Navigation Order 2016 2016 34 duties
- The Quarries Regulations 1999 1999 31 duties
- Reservoirs Act (Northern Ireland) 2015 2015 22 duties
Applicants also bound by 146 other Acts (top 5 shown)
- Insolvency (England and Wales) Rules 2016 2016 21 duties
- Human Medicines Regulations 2012 2012 20 duties
- Space Industry Regulations 2021 2021 12 duties
- Infrastructure Planning (Environmental Impact Assessment) Regulations 2017 2017 10 duties
- Plant Protection Products Regulations 1107/2009 2009 9 duties
Manufacturers also bound by 81 other Acts (top 5 shown)
- Toys (Safety) Regulations 2011 2011 27 duties
- Radio Equipment Regulations 2017 2017 25 duties
- Medical Devices Regulations 2002 2002 23 duties
- Lifts Regulations 2016 2016 22 duties
- Electromagnetic Compatibility Regulations 2016 2016 21 duties
Occupiers also bound by 100 other Acts (top 5 shown)
- Avian Influenza and Influenza of Avian Origin in Mammals (England) (No. 2) Order 2006 2006 15 duties
- Regulatory Reform (Fire Safety) Order 2005 (England/Wales comparison) 2005 14 duties
- Nitrate Pollution Prevention Regulations 2015 2015 13 duties
- Highways Act 1980 1980 12 duties
- Housing Act 1985 1985 11 duties
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.
Part I — Excise Duties
Spirits: rate of duty.
- Pay the correct rate of Excise Duty on spirits Trader
Misuse of rebated kerosene.
7 years imprisonment- Misuse of rebated kerosene Any Person
Marked oil used as fuel for road vehicles.
6 months (summary) or 7 years (indictment) imprisonment- Use marked oil as fuel for road vehicles Any Person
- Use marked oil (red diesel) in a road vehicle Any Person
Rates of duty.
- Pay excise duty on tobacco products at the prescribed rates Manufacturer
General betting duty.
- Pay general betting duty at the rate of 6.75% Trader
Pool betting duty.
- Pay pool betting duty at the correct rate Any Person
Browse 18 other sections in this Part — procedural / definitional / commencement
Wine and made-wine: rates.
Cider: rate of duty.
Rates of duty and rebate.
Mixing of rebated oil.
Relief for marine voyages.
Licences for machines as well as premises.
Pleasure flights.
Increase in general rate.
Electrically propelled vehicles.
Steam powered vehicles etc.
Vehicles capable of conveying loads.
Old vehicles.
Old vehicles: further provisions.
Exemptions for vehicle testing: general.
Exemptions for vehicle testing in Northern Ireland.
Other provisions relating to Northern Ireland.
Licensing and registration.
Repeal of certain drawbacks and allowances.
Part II — Value Added Tax
Browse 14 other sections in this Part — procedural / definitional / commencement
EC Second VAT Simplification Directive.
Fiscal and other warehousing.
Value of imported goods.
Adaptation of aircraft and hovercraft.
Work on materials.
Refunds in connection with construction and conversion.
Groups: anti-avoidance.
Supplies of gold etc.
Small gifts.
Method of making payments on account.
Default surcharges.
Repeated misdeclaration penalty.
Penalties for failure to notify.
VAT invoices and accounting.
Part III — Landfill Tax
Landfill tax.
Other duties (1) — Crown / regulator
- HMRC must manage and collect landfill tax Statutory regulator
Liability to pay tax.
- Pay Landfill Tax on waste disposals Operator
Mining and quarrying.
- Ensure landfill waste meets tax exemption criteria for mining/quarrying Any Person
- Keep evidence that landfill disposals of mined material are tax‑exempt Trader
Accounting for tax and time for payment.
- Account for tax, file returns and pay on time Any Person
Right to require review
- Request a formal HMRC review of a tax decision Any Person
Review by HMRC
- Accept HMRC review offer within 30 days Any Person
Other duties (1) — Crown / regulator
- HMRC must review a tax decision upon request Statutory regulator
Review out of time
- Send a written request to HMRC for a review out of time Any Person
Other duties (1) — Crown / regulator
- HMRC must review a tax decision if an 'out of time' request is justified Statutory regulator
Nature of review etc
- Submit representations during an HMRC decision review Any Person
Other duties (1) — Crown / regulator
- HMRC must conduct reviews of decisions and notify you of the outcome Statutory regulator
Appeals: further provisions
- Pay disputed tax before appealing a decision Applicant
Qualifying fines: special provisions
- Comply with waste testing and documentation requirements for landfill fines Operator
- Record and test fines you dispose of Any Person
Browse 38 other sections in this Part — procedural / definitional / commencement
Charge to tax.
Disposals of material
Amount of tax.
Material removed from water.
Contaminated land.
Contaminated land: certificates.
Site restoration.
Quarries.
Pet cemeteries.
Power to vary.
Registration.
Information required to keep register up to date.
Power to assess: registered persons.
Power to assess: unregistered persons
Credit: general.
Bad debts.
Bodies concerned with the environment.
Appeals
Offer of review
Extensions of time
Bringing of appeals
Appeals: other provisions.
Review and appeal: commencement.
Partnership, bankruptcy, transfer of business, etc.
Groups of companies.
Information, powers, penalties, secondary liability, etc.
Taxable disposals: special provisions.
Taxable disposals: regulations.
Qualifying material: special provisions.
Disposal of material as waste.
Disposal by way of landfill.
Prescribed landfill site activities to be treated as disposals
Landfill sites.
Operators of landfill sites.
Weight of material disposed of.
Taxable activities.
Interpretation: other provisions.
Orders and regulations.
Part IV — Income Tax, Corporation Tax and Capital Gains Tax
Charge and rate of corporation tax for 1996.
- Pay corporation tax at the 1996 financial year rate Trader
Money debts etc not arising from the lending of money
Amended 24 timesFinancial instruments.
Amended 5 timesDiscounted securities: income tax provisions.
Amended 1 timeInterpretation of Chapter.
Amended 22 timesAmount or value of consideration for option.
Amended 2 timesGrant and exercise of share options.
Amended 1 timeReturns and self assessment.
Amended 1 timeNotional tax deductions and payments.
Amended 2 timesLiability of partners.
Amended 4 timesRetention of original records.
Amended 2 timesDetermination of tax where no return delivered.
Amended 1 timeClaims for reliefs involving two or more years.
Amended 2 timesClaims for medical insurance and vocational training relief.
Amended 5 timesAppeals.
Other duties (1) — Crown / regulator
- HMRC and Tribunals must follow Schedule 22 procedures for self-assessment appeals Statutory regulator
Schedules 13 and 16 to the Taxes Act 1988.
Amended 1 timeSurrenders of advance corporation tax.
Amended 1 timeAnnual payments under certain insurance policies.
Amended 1 timeVocational training.
Amended 1 timePersonal reliefs for non-resident EEA nationals.
Amended 1 timeExemptions for charities.
Amended 1 timeWithdrawal of relief for Class 4 contributions.
Amended 1 timeMis-sold personal pensions etc.
Amended 2 timesAnnual payments in residuary cases.
Amended 1 timeIncome tax exemption for periodical payments of damages and compensation for personal injury.
Amended 1 timeBenefits under pilot schemes.
Amended 1 timeJobfinder’s grant.
Amended 1 timeForeign income dividends.
Amended 1 timeFOTRA securities.
Amended 11 timesDirections for payment without deduction of tax.
Amended 1 timePaying and collecting agents etc.
Amended 1 timeTransfers on death under the accrued income scheme.
Amended 1 timeManufactured payments, repos, etc.
Amended 6 timesInvestments in housing.
Amended 1 timeVenture capital trusts: control of companies etc.
Amended 1 timeLife assurance business losses.
Amended 1 timeLimits on relief for expenses.
Amended 7 timesAnnual payments under insurance policies: deductions.
Amended 2 timesEqualisation reserves.
Amended 1 timeIndustrial assurance business.
Amended 6 timesCapital redemption business.
Amended 3 times. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ..
Amended 1 timeTime for amending and enquiring into returns.
Amended 1 timeLife or endowment business.
Amended 3 timesReturn of contributions on or after death of member.
Amended 1 timeTransactions in certain securities.
Amended 4 timesRetirement relief: age limits.
Amended 1 timeSub-contractors in the construction industry.
Amended 1 time. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ..
Amended 1 time. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ..
Amended 1 timeBrowse 81 other sections in this Part — procedural / definitional / commencement
Charge and rates of income tax for 1996-97.
Application of lower rate to income from savings.
Personal allowances for 1996-97.
Blind person’s allowance.
Limit on relief for interest.
Small companies.
Abolition of Schedule C charge etc.
Taxation of loan relationships.
Meaning of “loan relationship” etc.
Method of bringing amounts into account.
Non-trading deficit on loan relationships.
Debits and credits brought into account.
Exchange gains and losses from loan relationships
Computation in accordance with generally accepted accounting practice
Amounts recognised in determining company’s profit or loss
Amounts not fully recognised for accounting purposes
Accounting method where parties have a connection.
Meaning of “control” in section 87
Exemption from section 87 in certain cases.
Accounting method where rate of interest is reset
Inconsistent application of accounting methods.
Changes of accounting method.
Change of accounting basis applicable to assets or liabilities
Payments subject to deduction of tax.
Shares subject to outstanding third party obligations
Non-qualifying shares
Condition 1 for section 91B(6)(b)
Condition 2 for section 91B(6)(b)
Condition 3 for section 91B(6)(b)
Power to add, vary or remove Conditions for section 91B(6)(b)
Shares beginning or ceasing to be subject to section 91A or 91B
Payments in return for capital contribution
Change of partnership shares
Convertible securities etc : creditor relationships
Convertible securities etc: debtor relationships
Relationships linked to the value of chargeable assets.
Relationships linked to the value of chargeable assets: guaranteed returns
Loan relationships ceasing to be within section 93
Creditor relationships and benefit derived by connected persons
Indexed gilt-edged securities.
Loan relationships with embedded derivatives
Loan relationships treated differently by connected debtor and creditor
Gilt strips.
Special rules for certain other gilts.
Manufactured interest.
Collective investment schemes.
Insurance companies.
Minor and consequential amendments.
Commencement and transitional provisions.
Living accommodation provided for employees.
Beneficial loans.
Incidental benefits for holders of certain offices etc.
Charitable donations: payroll deduction schemes.
PAYE settlement agreements.
Release and replacement.
Exercise of rights by employees of non-participating companies.
Requirements to be satisfied by approved schemes.
Transitional provisions.
The release date.
The appropriate percentage.
The appropriate allowance.
Removal of requirement for at least one year’s service.
PAYE regulations.
Repayment postponed pending completion of enquiries.
Procedure for giving notices.
Interest on overdue tax.
Overdue tax and excessive payments by the Board.
Claims and enquiries.
Discretions exercisable by the Board etc.
Time limits for claims etc.
Accounting periods.
Transfer of company’s assets to investment trust.
Roll-over relief.
Premiums for leases.
Stock lending fees.
Qualifying life insurance policies: certification.
Loans to participators etc.
Attribution of gains to participators in non-resident companies.
Reinvestment relief on disposal of qualifying corporate bond.
Overseas petroleum.
Controlled foreign companies.
Part V — Inheritance tax
Browse 3 other sections in this Part — procedural / definitional / commencement
Part VI — Stamp Duty and Stamp Duty Reserve Tax
Transfers of securities to members of electronic transfer systems etc.
Amended 1 timeRemoval of the two month period.
Amended 1 timeStock lending and collateral security arrangements.
Amended 1 timeRates of charge expressed as percentages.
Amended 2 timesBrowse 7 other sections in this Part — procedural / definitional / commencement
Territorial scope of the tax.
Transfers to members of electronic transfer systems etc.
Transfers between associated bodies.
Repayment or cancellation of tax.
Depositary receipts.
Regulations concerning administration: sub-delegation to the Board.
Election by operator for alternative system of charge.
Part VII — Miscellaneous and supplemental
Setting of rates of interest.
Amended 25 timesDomicile for tax purposes of overseas electors.
Amended 5 timesModification of the Agriculture Act 1993.
Amended 1 timeBrowse 7 other sections in this Part — procedural / definitional / commencement
Banks.
Quotation or listing of securities.
Enactment of Inland Revenue concessions.
Gilt stripping.
Interpretation.
Repeals.
Short title.
Schedules
Mixing of rebated oil
7 years imprisonment- Produce unauthorized fuel mixtures using rebated oil Any Person
Vehicle licensing and registration
Fine up to £2,500- Make false or misleading vehicle declaration Any Person
- Use or keep an unlicensed vehicle (SORN breach) Any Person
(1) Section 45 of the 1994 Act (false or misleading...
Unlimited fine- Submit false or misleading vehicle declaration
After section 46 of the 1994 Act there shall be...
Fine up to £1,000- Fail to comply with vehicle information notice
(1) In section 29 of the 1994 Act (penalty for...
Fine up to £2,500- Use or keep unlicensed vehicle despite SORN declaration
Landfill Tax
- Keep and preserve landfill site records and material information Occupier
(1) A person is guilty of an offence if—
- Fraudulent evasion of tax and false documents
(1) A person guilty of an offence under paragraph 15(1)...
Unlimited fine- Evade tax or make false claims on tax returns
(1) This paragraph applies where— (a) on the date when...
- Notify HMRC when someone becomes or ceases to be a landfill site controller
(1) An authorised person who removes anything in the exercise...
Other duties (1) — Crown / regulator
- HMRC must provide a record of removed items and allow access for investigation Statutory regulator
(1) Transitional payments of tax made on a person’s behalf...
Other duties (1) — Crown / regulator
- HMRC must repay or adjust overpaid transitional tax payments Statutory regulator
(1) In each of subsections (4) and (6) of section...
Other duties (1) — Crown / regulator
- HMRC must apply objective test for depreciatory transaction adjustments Statutory regulator
Browse 626 other Schedules — structural / supplementary
In this Schedule “the 1994 Act” means the Vehicle Excise...
In section 33 of the 1994 Act (not exhibiting licence),...
After section 51 of the 1994 Act there shall be...
(1) In— (a) section 47(1) and (2) of the 1994...
In section 59 of the 1994 Act (regulations: offences), after...
In section 57(1) of the 1994 Act (regulations generally), the...
(1) Section 7 of the 1994 Act (issue of vehicle...
In section 11 of the 1994 Act (trade licences), after...
(1) Subsection (1) of section 22 of the 1994 Act...
In subsection (1B)(a) of section 22 of the 1994 Act,...
After subsection (1B) of section 22 of the 1994 Act...
After subsection (1C) of section 22 of the 1994 Act...
Value added tax: Fiscal and other warehousing
In subsection (1) of section 6 of the Value Added...
In section 73 of the Value Added Tax Act 1994...
In sections 73(9) and 76(5) of the Value Added Tax...
In section 83 of the Value Added Tax Act 1994...
In paragraph 1 of Schedule 1 to the Value Added...
In paragraph 1 of Schedule 2 to the Value Added...
In paragraph 1 of Schedule 3 to the Value Added...
In paragraph 8(1) of Schedule 11 to the Value Added...
The following Schedule shall be added to the Value Added...
In subsection (1) of section 7 of the Value Added...
In subsection (1) of section 12 of the Value Added...
In subsection (1) of section 13 of the Value Added...
The following sections shall be inserted in the Value Added...
In subsection (1) of section 20 of the Value Added...
In section 30 of the Value Added Tax Act 1994...
(1) Section 62 of the Value Added Tax Act 1994...
In subsection (1) of section 69 of the Value Added...
Value added tax: anti-avoidance provisions
(1) Every person who is concerned (in whatever capacity) with...
(1) An authorised person, if it appears to him necessary...
Tax due from any person shall be recoverable as a...
(1) . . . . . . . . ....
(1) Where a person has paid an amount to the...
Sections 145 to 155 of the Customs and Excise Management...
(1) Where— (a) for the purpose of evading tax, a...
(1) Where it appears to the Commissioners—
(1) Regulations may make provision about giving the Commissioners information...
(1) Before commencing restoration of all or part of a...
(1) Regulations may require the operator of a landfill site—...
(1) Regulations may require taxable persons to make records.
(1) Where, for an accounting period— (a) a return is...
(1) A person who fails to comply with section 47(3)...
(1) If a person— (a) . . . . ....
(1) Where regulations made under this Part of this Act...
(1) This paragraph applies where— (a) in accordance with regulations...
(1) This paragraph applies where an enforcement agent acting under...
(1) Where a person is liable to a penalty under...
(1) Sub-paragraph (2) below applies where— (a) under section 50(1)...
(1) Sub-paragraph (2) below applies where— (a) a registered person...
(1) Where a person is liable to pay interest under...
(1) Where, due to an error on the part of...
(1) Regulations may require a person to make records relating...
(1) Regulations may make provision about giving the Commissioners information...
(1) Regulations may require persons— (a) where a sample is...
(1) Every person who is concerned (in whatever capacity) with...
(1) Where— (a) any interest is payable by the Commissioners...
Where it appears to the Commissioners requisite to do so...
(1) Where a person is liable— (a) to a penalty...
(1) Subject to the following provisions of this paragraph, an...
If, otherwise than in circumstances falling within subsection (5)(b) of...
(1) Notwithstanding any obligation not to disclose information that would...
(1) The Commissioners may publish, by such means as they...
(1) A certificate of the Commissioners— (a) that a person...
Any notice, notification or requirement to be served on, given...
(1) This paragraph applies to directions, specifications and conditions which...
For the purpose of exercising any powers under this Part...
In section 827 of the Taxes Act 1988 (no deduction...
All money and securities for money collected or received for...
(1) Regulations may make provision in relation to any case...
(1) Regulations may make provision in relation to any case...
(1) Where— (a) a registrable person issues an invoice showing...
(1) This paragraph applies where— (a) material undergoes a landfill...
(1) This paragraph applies where— (a) work is carried out...
(1) This paragraph applies where— (a) an agreement with regard...
(1) For the purposes of this Part of this Schedule...
(1) Where— (a) a taxable disposal is made at a...
(1) Where— (a) a justice of the peace is satisfied...
(1) This paragraph applies where— (a) the operator of a...
(1) This paragraph applies where a controller is liable under...
(1) Where an amount of landfill tax is—
(1) Where— (a) a controller is liable to pay an...
(1) This paragraph applies in any case where the liability...
An amount which a controller is required to pay under...
A controller is not to be treated for the purposes...
(1) In any case where the condition in sub-paragraph (4),...
(1) This paragraph applies where— (a) the operator of a...
Sections 54 to 56 of this Act shall apply to...
(1) Where an authorised person has reasonable grounds for suspecting...
(1) This paragraph applies where— (a) a person is liable...
(1) Where, on an application by an authorised person, a...
(1) Where, on an application made as mentioned in sub-paragraph...
Taxation of savings at the lower rate
In section 86 of the Taxes Management Act 1970 (interest...
(1) In section 468 of that Act (authorised unit trusts...
(1) In section 468L of that Act (interest distributions), after...
In section 469(2) of that Act (taxation of income of...
In sections 549(2), 686(1), 699(2) and 819(2) of that Act...
(1) In paragraph (a)(i) of subsection (2) of section 582...
In section 686 of that Act (liability to additional rate...
In Part XV of that Act (settlements), at the end...
In section 698A of that Act (taxation at the lower...
(1) In subsection (1) of section 737 of that Act...
In section 737C(6) of that Act (computation of amount of...
In section 4(2) of the Taxes Act 1988 (meaning of...
In section 743(1) of that Act (supplemental provisions relating to...
In section 789(2) of that Act (old double taxation relief...
In paragraph (a) of section 821(1) of that Act (under-deductions...
In section 822(1) of that Act (over-deductions from interest on...
(1) In Schedule 3 to that Act (public revenue dividends...
(1) In section 88(1) of the Finance Act 1989 (rate...
In section 4(3A) of the Taxation of Chargeable Gains Act...
Subject to any express provisions as to commencement that are...
In section 5(4) of that Act (time when tax in...
(1) Subject to sub-paragraph (2) below, in subsection (1)(b) of...
In paragraph (c) of section 246D(2) of that Act (application...
In section 249(4)(c) of that Act (application of section 207A),...
(1) In subsection (2)(b)(ii) of section 326B of that Act...
In section 350 of that Act (charge to tax where...
In section 421(1)(c) of that Act (application of section 207A),...
Transfer of charge under Schedule C to Schedule D
The Taxes Act 1988 shall be amended in accordance with...
In section 49 (stock and dividends in name of Treasury...
In sections 50(1) and 51A(1) (which provide for interest on...
Section 52 (taxation of interest on converted securities and interest...
Section 123 (foreign dividends) shall be omitted.
In section 124— (a) in subsection (6) (definitions in connection...
In section 322(1) (consular officers and employees), the words “and...
In section 398 (transactions in deposits with and without certificates...
In section 468M(4) (meaning of “eligible income” in connection with...
In section 474 (treatment of tax-free income), subsections (1) and...
(1) In section 505 (exemptions for charities), in subsection (1),...
In section 1(1) (the charge to income tax), for “Schedules...
(1) In section 512 (exemption from income tax for Atomic...
(1) In section 516 (government securities held by non-resident central...
In section 582A (designated international organisations), subsection (3) shall be...
In section 730 (transfers of income arising from securities)—
In section 828(2) (orders and regulations not required to be...
In section 832(1) (interpretation of the Tax Acts), the definition...
After section 841 there shall be inserted the following section—...
Schedule 3 (machinery for payment of income tax under Schedule...
In the Table in section 98 of the Taxes Management...
Section 17 (Schedule C) shall be omitted.
In section 178(2)(m) of the Finance Act 1989 (provisions to...
In section 128 of the Finance Act 1995 (limit on...
Subject to paragraphs 33 and 34 below, this Schedule has...
(1) Subject to the following provisions of this paragraph and...
Paragraphs 33 and 34 above apply in relation to times...
(1) In section 18 (Schedule D), in subsection (1), in...
In section 19(1), in paragraph 2 of Schedule E, for...
For the heading to Part III there shall be substituted...
Section 44 (mode of charge of tax under Schedule C)...
Section 45 (interpretation of Part III) shall be omitted.
Section 48 (securities of foreign states) shall be omitted.
Loan relationships: claims etc relating to deficits
(1) This paragraph applies where a claim is made under...
(1) This paragraph applies where the company makes a claim...
(1) This paragraph applies where a claim is made under...
(1) This paragraph applies where, pursuant to section 83(3A) of...
In this Schedule “the deficit” and “the deficit period” shall...
Loan relationships: special computational provisions
(1) The credits and debits to be brought into account...
(1) This paragraph applies in the case of a company...
(1) This paragraph applies if at any time (“ the...
(1) Where— (a) debits or credits in respect of a...
(1) Where a company has a debtor relationship in an...
(1) This paragraph applies where in any accounting period (“...
(1) Subject to paragraph 15 below, this paragraph applies where,...
(1) This paragraph applies in any case where—
(1) This paragraph applies on a merger which satisfies the...
(1) This paragraph applies on a merger which satisfies the...
(1) This paragraph applies where— (a) a company resident in...
(1) This paragraph applies to a transaction if—
(1) Paragraph 12D or 12E shall apply in relation to...
(1) This paragraph applies if— (a) sections 127 to 130...
(1) This paragraph applies in relation to a transfer of...
(1) This paragraph applies in relation to a merger if—...
(1) In paragraphs 12B to 12I and this paragraph ,...
(1) Where in any accounting period a loan relationship of...
(1) This paragraph applies where any debit or credit ......
Where in accordance with generally accepted accounting practice a debit...
(1) This paragraph applies if— (a) a company ceases to...
(1) This paragraph applies where, in pursuance of Schedule 28AA...
(1) This paragraph applies as respects any accounting period (“the...
(1) This paragraph applies where— (a) a trade, profession or...
(1) This paragraph applies where— (a) there is a change...
(1) The Treasury may by regulations make provision for cases...
(1) The credits and debits to be brought into account...
(1) This paragraph applies for the purpose of bringing debits...
(1) For the purposes of any provision which applies this...
(1) This paragraph applies for determining the credits and debits...
(1) This paragraph applies— (a) in the case specified in...
(1) . . . . . . . . ....
(1) This paragraph applies where the conditions in sub-paragraphs (2)...
The provisions of— (a) paragraph 5A (impairment losses and consortium...
(1) This paragraph applies where for any accounting period section...
(1) This paragraph applies in any case falling within paragraph...
(1) Where, in the case of a creditor relationship of...
(1) No debit shall be brought into account for the...
(1) Where any government investment in a company is written...
Loan relationships: collective investment schemes
Loan relationships: special provisions for insurers
(1) . . . . . . . . ....
(1) Where an insurance company carries on basic life assurance...
Where— (a) any creditor relationship of an insurance company is...
(1) This paragraph applies where— (a) any loan relationship of...
(1) Where, in the case of any insurance company, a...
In this Part of this Schedule— “ basic life assurance...
(1) This Chapter does not apply as respects any loan...
Discounted securities: income tax provisions
Loan relationships: minor and consequential amendments
(1) In subsection (4A) of section 87A of the Taxes...
(1) Section 78 of that Act (discounted bills of exchange)...
(1) In section 209 of that Act (meaning of “distribution”),...
(1) In subsection (2) of section 242 of that Act...
(1) In subsection (2)(b) of section 337 of that Act...
After section 337 of that Act there shall be inserted...
(1) Section 338 of that Act (charges on income) shall...
Sections 338A, 340 and 341 of that Act (charges on...
In section 349(2) of that Act (deductions from interest payments),...
In section 400 of that Act (writing-off of government investment),...
(1) In section 174(1)(b) of the Inheritance Tax Act 1984...
(1) In section 401 of that Act (relief for pre-trading...
(1) In subsection (6) of section 404 of that Act...
(1) In subsection (1)(b) of section 407 of that Act...
(1) Where this Chapter has effect in relation to any...
Where this Chapter has effect in relation to any accounting...
In section 468L(5) of that Act (interest distributions), for the...
(1) In subsection (2) of section 475 of that Act...
(1) In subsection (3) of section 477A of that Act...
Sections 484 and 485 of that Act (savings banks: exemption...
In section 77 of the Airports Act 1986 (taxation provisions),...
In section 486 of that Act (industrial and provident societies)—...
(1) In subsection (1) of section 487 of that Act...
(1) In subsection (1) of section 494 of that Act...
In section 587A of that Act (extra return on new...
In section 614 of that Act (exemptions and reliefs in...
In section 687(3) of that Act (payments under discretionary trusts),...
In section 710 of that Act (interpretation of sections 711...
In section 737(5A) of that Act (relief in respect of...
(1) For subsections (10) and (11) of section 768B of...
In section 60 of the Gas Act 1986 (taxation provisions),...
For subsections (9) and (10) of section 768C of that...
In section 795 of that Act (computation of income subject...
(1) In section 797 of that Act (limits on credit...
After section 797 of that Act there shall be inserted...
(1) In section 798 of that Act (interest on certain...
In section 807 of that Act (sale of securities with...
After section 807 of that Act there shall be inserted...
In section 811 of that Act (deduction of foreign tax...
(1) In subsection (7C) of section 826 of that Act...
In subsection (1) of section 834 of that Act (definitions...
In section 18 of the Taxes Act 1988 (Schedule D),...
Schedule 4 to that Act (deep discount securities) shall cease...
In paragraph 5B(2) of Schedule 19AC to that Act (overseas...
(1) Schedule 23A to that Act (manufactured payments) shall be...
In Schedule 26 to that Act (controlled foreign companies), in...
(1) In paragraph 6 of Schedule 28A to that Act...
In section 11 of the British Steel Act 1988 (taxation...
In section 88(3) of the Finance Act 1989 (relevant profits...
Schedule 11 to that Act (deep gain securities) shall cease...
Schedule 10 to the Finance Act 1990 (convertible securities) shall...
In section 108(1) of the Taxation of Chargeable Gains Act...
In section 56 of that Act (transactions in deposits with...
(1) Section 116 of that Act (reorganisations, conversions and reconstructions)...
(1) In section 117 of that Act (meaning of “qualifying...
After section 117 of that Act there shall be inserted...
In section 251 of that Act (exclusion for debts that...
In section 253(3) of that Act (relief for loans to...
(1) In section 254 of that Act (relief for debts...
In section 127 of the Finance Act 1993 (accrual of...
(1) In subsection (2) of section 129 of that Act...
For sections 130 to 133 of that Act (charge to...
In section 70(3) of that Act (extension of Cases IV...
(1) For subsection (4) of section 153 of that Act...
In section 154 of that Act (definitions connected with assets),...
In section 155 of that Act (definitions connected with liabilities),...
(1) For subsections (5) to (9) of section 159 of...
In section 167 of that Act (orders and regulations relating...
In section 160 of the Finance Act 1994 (treatment of...
(1) In subsection (9) of section 167 of that Act...
In section 173(5)(a) of that Act (references to the purposes...
(1) In subsection (1) of section 177 of that Act...
For paragraphs 1 and 2 of Schedule 18 to that...
In section 75 of that Act (expenses of management), after...
In section 77 of that Act (incidental costs of obtaining...
Loan relationships: savings and transitional provisions
(1) This Part of this Schedule has effect for the...
(1) Where— (a) a mark to market basis of accounting...
(1) Where— (a) an authorised accruals basis of accounting is...
(1) This paragraph applies where, in the case of any...
(1) Subject to sub-paragraph (2) below, the notional closing value...
(1) Where— (a) an amount of interest under a loan...
To the extent that any deduction in respect of any...
(1) This paragraph applies to any asset which—
(1) This paragraph applies where— (a) an amount becomes, or...
(1) Subject to any regulations under sub-paragraph (4) below and...
(1) This Chapter shall not affect— (a) the application of...
Subject to paragraph 13(6) below, the amounts which are to...
(1) This Chapter shall not affect the application of paragraph...
(1) This Chapter shall not affect— (a) the application of...
(1) Chapter II of Part II of the Finance Act...
(1) Subject to sub-paragraph (2) below, for the purpose of...
Where there is any amount which apart from this Chapter...
(1) This paragraph applies in the case of any debt...
(1) This Part of this Schedule (except paragraph 29) has...
(1) This paragraph applies where— (a) on 5th April 1996...
For the purposes of Chapter 8 of Part 4 of...
For the purposes of paragraph 2 of Schedule 10 to...
(1) This paragraph applies as respects any continuing loan relationship...
(1) This paragraph applies where— (a) any person holds any...
(1) This paragraph applies in the case of a continuing...
Subject to the following provisions of this Schedule, any question...
(1) This paragraph applies in the case of any continuing...
(1) Subject to sub-paragraph (4) below, the difference mentioned in...
The amendments of the 1992 Act contained in Schedule 14...
(1) This paragraph applies where— (a) on 31st March 1996...
(1) Subject to the following provisions of this paragraph, where...
Share option schemes approved before passing of this Act
Share option schemes approved before passing of this Act
Share option schemes approved before passing of this Act
Share option schemes approved before passing of this Act
Share option schemes approved before passing of this Act
Share option schemes approved before passing of this Act
Claims for relief involving two or more years
(1) In this Schedule— (a) any reference to a claim...
(1) This paragraph applies where a person makes a claim...
(1) This paragraph applies where a person who is or...
(1) This paragraph applies where— (a) a person who claims...
(1) This paragraph applies where a person who has received...
(1) This paragraph applies where a person who has received...
Overdue tax and excessive payments by the Board
In section 55 of the Taxes Management Act 1970 (recovery...
In section 588 of the Taxes Act 1988 (training courses:...
(1) Schedule 14 to the Taxes Act 1988 (life assurance...
(1) Section 57 of the Finance Act 1989 (medical insurance:...
In section 178 of the Finance Act 1989 (setting rates...
(1) Section 33 of the Finance Act 1991 (vocational training)...
(1) Section 281 of the Taxation of Chargeable Gains Act...
In section 73(4) of the Finance Act 1995 (power to...
(1) Paragraphs 1 to 3, 6(2)(a) and (b), 8, 10,...
(1) Section 59A of the Taxes Management Act 1970 (payments...
(1) Section 86 of the Taxes Management Act 1970 (interest...
(1) Section 88 of the Taxes Management Act 1970 (which...
In section 307 of the Taxes Act 1988 (enterprise investment...
(1) Section 369 of the Taxes Act 1988 (MIRAS) shall...
In section 374A of the Taxes Act 1988 (interest which...
In section 375 of the Taxes Act 1988 (interest ceasing...
In section 412(4) of the Taxes Act 1988 (group relief:...
Self-assessment: claims and enquiries
The Taxes Management Act 1970, as it has effect—
(1) In paragraph 9 of Schedule 1A (appeals), for sub-paragraph...
In each of sections . . . 11AB(1),. . ....
(1) In section 19A (power to call for documents for...
In section 50 (procedure on appeals), after subsection (7) there...
(1) In Schedule 1A (claims not included in returns), in...
Self-assessment: discretions exercisable by the Board etc.
In section 24(2) of the Taxes Act 1988 (presumption as...
(1) In section 168 of the Taxes Act 1988 (interpretative...
In section 186(10) of the Taxes Act 1988 (value of...
In section 231(3A) of the Taxes Act 1988 (restriction of...
In section 257 of the Taxes Act 1988 (personal allowance)—...
(1) Section 257A of the Taxes Act 1988 (married couple’s...
In section 257E(1) of the Taxes Act 1988 (claimant entitled...
(1) Section 257F of the Taxes Act 1988 (transitional relief:...
(1) Section 259 of the Taxes Act 1988 (additional relief...
In section 261A(1) of the Taxes Act 1988 (person who...
In section 265(1) of the Taxes Act 1988 (claimant entitled...
In section 38(4) of the Taxes Act 1988 (assumptions as...
In section 274(4) of the Taxes Act 1988 (effect of...
In section 278(2) of the Taxes Act 1988 (bar on...
In section 306(2) of the Taxes Act 1988 (claim for...
In section 311(4) of the Taxes Act 1988 (application of...
In section 381(4) of the Taxes Act 1988 (no relief...
(1) In section 384 of the Taxes Act 1988 (restrictions...
In section 393A of the Taxes Act 1988 (losses: set-off...
In section 397(3) of the Taxes Act 1988 (farming and...
(1) Section 488 of the Taxes Act 1988 (co-operative housing...
(1) Section 489 of the Taxes Act 1988 (self-build societies)...
In section 65(4) of the Taxes Act 1988 (assessments under...
In section 503(6) of the Taxes Act 1988 (apportionments where...
In section 570(2) of the Taxes Act 1988 (schemes for...
In section 582(2)(b) of the Taxes Act 1988 (cases where...
(1) Section 584 of the Taxes Act 1988 (relief for...
In section 585(1) of the Taxes Act 1988 (relief for...
In section 717(9) of the Taxes Act 1988 (which provides...
In section 731(3) of the Taxes Act 1988 (cases of...
In section 769(2)(d) of the Taxes Act 1988 (acquisitions of...
(1) Section 812 of the Taxes Act 1988 (withdrawal of...
In section 815A of the Taxes Act 1988 (transfer of...
In section 74(1)(j) of the Taxes Act 1988 (Case I...
In Schedule 7 to the Taxes Act 1988 (taxation of...
In Schedule 12 to the Taxes Act 1988 (foreign earnings)...
In Schedule 21 to the Taxes Act 1988 (tax relief...
In the following provisions of this Schedule “the Gains Act”...
In section 30(4) of the Gains Act (section not to...
In each of— (a) subsections (5) and (6) of section...
In section 48 of the Gains Act (consideration due after...
In section 49 of the Gains Act (contingent liabilities) for...
(1) In section 109A of the Taxes Act 1988 (relief...
In section 52(4) of the Gains Act (apportionments by such...
In section 116(13) of the Gains Act (subsection (12) not...
(1) In section 122 of the Gains Act (distribution which...
(1) In section 133 of the Gains Act (premiums on...
In each of sections 150(10)(a) and 150A(9)(a) of the Gains...
In section 164F(8)(a) of the Gains Act (section not to...
In section 164FG of the Gains Act (multiple claims for...
In section 181(1)(b) of the Gains Act (sections 178 and...
(1) Section 222 of the Gains Act (relief on disposal...
In section 132(1) of the Taxes Act 1988 (emoluments for...
In section 224(2) of the Gains Act (adjustment of relief...
In section 226 of the Gains Act (relief in respect...
In section 241(7) of the Gains Act (apportionments where a...
(1) In section 271 of the Gains Act (miscellaneous exemptions)...
In section 279(1) of the Gains Act (claimant for deduction...
In section 280 of the Gains Act (payment of tax...
(1) Schedule 6 to the Gains Act (retirement relief) shall...
In Schedule 8 to the Gains Act (leases) in paragraph...
(1) In section 144 of the Finance Act 1993 (irrecoverable...
(1) In section 145 of the Finance Act 1993, in...
In section 145(7) of the Taxes Act 1988 (living accommodation...
In Schedule 15 to the Finance Act 1993 (exchange gains...
(1) Section 163 of the Finance Act 1994 (interest rate...
In section 159 of the Taxes Act 1988 (pooled cars)—...
In section 161 of the Taxes Act 1988 (exceptions from...
Self-assessment: time limits
In section 62A(3) of the Taxes Act 1988 (time limit...
In section 381(1) of the Taxes Act 1988 (claim to...
In section 392(5) of the Taxes Act 1988 (claim to...
In section 471 of the Taxes Act 1988 (exchange of...
(1) In section 472 of the Taxes Act 1988 (distribution...
(1) Section 504 of the Taxes Act 1988 shall be...
(1) Section 524 of the Taxes Act 1988 (taxation of...
In section 585(6) of the Taxes Act 1988 (no claim...
In section 619(4) of the Taxes Act 1988 (election to...
In section 691(4) of the Taxes Act 1988 (election to...
(1) Section 84 of the Taxes Act 1988 (relief for...
In section 700(3) of the Taxes Act 1988 (time for...
(1) Section 781 of the Taxes Act 1988 (assets leased...
In section 804(7) of the Taxes Act 1988 (claim for...
In section 806(1) of the Taxes Act 1988 (claim to...
In Schedule 11 to the Taxes Act 1988, in paragraph...
In section 39(2)(b) of the Finance Act 1988 (election to...
(1) Section 101 of the Taxes Act 1988 (valuation of...
In section 35(6) of the Taxation of Chargeable Gains Act...
In section 161 of the Taxation of Chargeable Gains Act...
In section 242 of the Taxation of Chargeable Gains Act...
In section 243 of the Taxation of Chargeable Gains Act...
In section 244 of the Taxation of Chargeable Gains Act...
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In section 253 of the Taxation of Chargeable Gains Act...
In section 279 of the Taxation of Chargeable Gains Act...
(1) Schedule 2 to the Taxation of Chargeable Gains Act...
In Schedule 4 to the Taxation of Chargeable Gains Act...
(1) Schedule 6 to the Taxation of Chargeable Gains Act...
For section 41(6) of the Finance ( No. 2) Act...
For section 42(6) of the Finance ( No. 2) Act...
(1) Schedule 10 to the Finance ( No. 2) Act...
(1) Section 118 of the Finance Act 1994 (expenditure on...
In section 257D(9)(a) of the Taxes Act 1988 (notice to...
In section 265(5)(a) of the Taxes Act 1988 (notice to...
In section 306(1) of the Taxes Act 1988 (claim for...
(1) Section 356B of the Taxes Act 1988 (residence basis:...
In section 356C(6) of the Taxes Act 1988, for paragraph...
Self-assessment: appeals
The Taxes Management Act 1970 shall be amended in accordance...
The following Schedule shall be substituted for Schedule 3— SCHEDULE...
In section 102(1)(a) of the Taxes Act 1988 (cases where...
This Schedule has effect in relation to—
In section 19A (power to call for documents for purposes...
In section 33A (error or mistake in partnership statement), for...
Section 42(12) and Schedule 2 (Commissioners to whom appeal lies...
For section 47 there shall be substituted the following sections—...
In section 57(3)(c) (power to make regulations authorising conditional decisions...
In Schedule 1A (claims not included in returns), after paragraph...
Self-assessment: Schedules 13 and 16 to the Taxes Act 1988
Schedule 13 to the Taxes Act 1988 (collection of advance...
Schedule 16 to the Taxes Act 1988 (collection of income...
In paragraph 4(2) (cases where the inspector may make an...
After paragraph 7 there shall be inserted— Amended return where...
In paragraph 8 (power of inspector to make assessments etc...
In paragraph 2 (contents of returns) in sub-paragraph (2) (specification...
In paragraph 3(3) (power of the inspector to make an...
(1) In sub-paragraph (1) of paragraph 3B (power of the...
In paragraph 5 (certain deemed claims for set-off in respect...
In paragraph 6A(1) (certain deemed claims for set-off in respect...
(1) Paragraph 7 (special provision for qualifying distributions which are...
After paragraph 7 there shall be inserted— Amended return where...
In paragraph 8 (power of inspector to make assessments etc...
Self-assessment: accounting periods etc.
The Taxes Management Act 1970 shall be amended in accordance...
Section 8A of the Taxes Act 1988 (resolutions to reduce...
(1) Section 12 of the Taxes Act 1988 (basis of,...
(1) Section 342 of the Taxes Act 1988 (companies in...
In section 197(1) of the Finance Act 1994 (construction of...
In section 11 (return of profits), after subsection (9) there...
In section 11AA (return of profits to include self-assessment), after...
(1) In section 11AB(1) (power to enquire into return of...
After section 28A there shall be inserted the following sections—...
After section 28C there shall be inserted the following sections—...
(1) Paragraphs 3 to 6 above have effect in relation...
In this Part of this Schedule “the appointed day” means...
Self-assessment: surrenders of advance corporation tax
(1) Section 240 of the Taxes Act 1988 (set-off of...
After Schedule 13 to the Taxes Act 1988 there shall...
Paragraphs 1 and 2 above have effect where the accounting...
Section 239(5) of the Taxes Act 1988 (manner in which...
In the Table in section 98 of the Taxes Management...
Damages and compensation for personal injury
Foreign income dividends
(1) In section 246A(1) of the Taxes Act 1988 (foreign...
Section 246D(5) of that Act (exclusion of section 233(1) and...
(1) In section 246I(6) of that Act, for the words...
(1) Section 246S of that Act (conditions for treatment as...
(1) In section 440B of that Act (modifications for life...
(1) In section 468R of that Act (foreign income distributions...
FOTRA securities: consequential amendments
Section 47 of the Taxes Act 1988 (FOTRA securities) shall...
Section 474(2) of that Act (which prevents the deduction of...
(1) In section 475 of that Act (tax-free securities: exclusion...
In paragraph 5C of Schedule 19AC to that Act (modification...
In paragraph 1(3) of Schedule 24 to that Act ......
In section 6(2) of the Inheritance Tax Act 1984 (FOTRA...
In each of paragraphs (a) and (b) of section 48(4)...
Paying and Collecting Agents etc.
In Part IV of the Taxes Act 1988 (provisions relating...
(1) In section 98 of the Taxes Management Act 1970...
The Taxes Act 1988 shall be amended in accordance with...
For section 124(2) to (5) there shall be substituted—
(1) In section 348(3) and in section 349(1), at the...
In section 582A (designated international organisations: miscellaneous exemptions), in subsection...
In paragraph 4(8) of Schedule 23A (manufactured overseas dividends), for...
In section 178 of the Finance Act 1989 (setting rates...
Investments in housing
After section 508 of the Taxes Act 1988 there shall...
(1) Section 842 of the Taxes Act 1988 (investment trusts)...
This Schedule has effect in relation to accounting periods beginning...
Life assurance business losses
In section 76 of the Taxes Act 1988 (expenses of...
(1) Subject to paragraph 2(1) and (3) above, paragraphs 1...
(1) In relation to accounting periods beginning on or after...
(1) In section 86 of the Finance Act 1989 (spreading...
In section 83 of the Finance Act 1989 (receipts to...
(1) The following provisions of the Taxes Act 1988 (each...
(1) Schedule 8A to the Finance Act 1989 (modifications of...
Equalisation reserves
In Chapter I of Part XII of the Taxes Act...
In the second column of the Table in section 98...
Management expenses of capital redemption business
(1) In section 76 of the Taxes Act 1988 (management...
In subsection (1) of section 458 of the Taxes Act...
In sub-paragraph (1) of paragraph 5 of Schedule 19AC to...
This Schedule has effect as respects accounting periods ending on...
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ..
(1) Paragraph 1 (entitlement to certain payments on account) shall...
(1) Paragraph 2 (changes in the provisional fraction) shall be...
(1) Paragraph 3 (repayment, with interest, of excessive provisional repayments)...
(1) Paragraph 6 (interpretation) shall be amended in accordance with...
(1) Paragraph 15 (modification of Schedule 19AB) shall be amended...
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ..
The Capital Allowances Act 1990 shall be amended as follows....
(1) In subsection (3) of section 33A (relief limited to...
(1) In subsection (1) of section 33C (re-imposition of deferred...
(1) In section 33D (definition of expenditure on new shipping),...
(1) In section 33E (definition of a qualifying ship), after...
(1) In section 33F (procedural provisions), in subsection (4)—
(1) Subject to sub-paragraph (2) below, this Schedule shall have...
Controlled foreign companies
(1) Section 747A of the Taxes Act 1988 (special rule...
In section 748(3) of the Taxes Act 1988 (direction under...
(1) Schedule 24 to the Taxes Act 1988 (assumptions for...
(1) Schedule 25 to the Taxes Act 1988 (cases excluded...
Banks
(1) After section 840 of the Taxes Act 1988 there...
The amendments of paragraphs 7 and 10 of Schedule 20...
(1) The following subsection— (0) In this section “bank” has...
(1) In section 157 of the Inheritance Tax Act 1984...
(1) The following subsection— (0) In this section “bank” has...
In section 349(3) of the Taxes Act 1988—
After subsection (3AA) of section 349 of the Taxes Act...
In Schedule 20 to the Taxes Act 1988, in paragraphs...
The amendments of the Taxes Act 1988 made by paragraphs...
The amendment of section 234A applies in relation to payments...
(1) The amendment of subsection (3)(a) of section 349, and...
The amendments of sections 745 and 816 apply in relation...
Quotation or listing of securities
(1) In section 38(2)(c) of the Finance Act 1973 (disposals...
(1) In each of the provisions of the Taxation of...
(1) In section 146(4)(b) of that Act (definition of “quoted...
(1) In section 272(3) of that Act (market value of...
(1) For the second and the last occurrences of the...
(1) In section 180(3) of that Act (whether two investments...
(1) In section 178(2) of that Act (shares or investments...
(1) In each of sections 227(1AA) and 228(5) of that...
(1) In each of the provisions of the Taxes Act...
(1) In each of the provisions of that Act listed...
(1) In section 251(5) of that Act (application of section...
(1) In section 735(3) of that Act (meaning of the...
Enactment of Certain Inland Revenue Extra-Statutory Concessions
(1) The Capital Allowances Act 1990 (“the 1990 Act”) shall...
(1) The Stamp Duties Management Act 1891 (“the Management Act”)...
(1) Section 76 of the Finance Act 1989 (non-approved retirement...
(1) Section 23 of the Taxation of Chargeable Gains Act...
(1) Section 24 of the Taxation of Chargeable Gains Act...
(1) Section 72 of the Taxation of Chargeable Gains Act...
(1) Section 73 of the Taxation of Chargeable Gains Act...
(1) Paragraph 14 of Schedule 6 to the Taxation of...
(1) Section 253 of the Taxation of Chargeable Gains Act...
(1) Section 254 of the Taxation of Chargeable Gains Act...
Gilt stripping: taxation provisions
In the definition of “stock” in section 122(1) of the...
(1) At the end of paragraph (1) of the general...
(1) At the end of subsection (5) of section 710...
In section 711 of the Taxes Act 1988 (interpretation of...
In section 712(4) of the Taxes Act 1988 (meaning of...
In the Taxes Act 1988, the following section shall be...
In the Taxes Act 1988, the following section shall be...
In Schedule 9 to the Taxation of Chargeable Gains Act...
Repeals
The repeal in section 97 of the Finance Act 1986...
The repeals in the Finance Act 1996 have effect—
(2) Transfer of Schedule C charge etc. Chapter Short title...
(7) Self-assessment: notices Chapter Short title Extent of repeal 1970...
(22) Venture capital trusts Chapter Short title Extent of repeal...
Official guidance
Authoritative sources published by regulators or government explaining this legislation.
- HMRC: landfill tax (opens in a new tab) Detailed Guidance
- Environment Agency: waste (opens in a new tab) Detailed Guidance
Enforcement and responsible bodies
The regulators that administer or enforce this legislation.
HM Revenue & Customs
Tax collection, customs duties, national insurance, tax credits, and enforcement of the National Minimum Wage. Regulates all UK businesses for tax compliance …
Connected legislation
3 statutory instruments
These instruments amend, apply, or refer to this Act. They may not all create direct business obligations.
Secondary legislation (3)
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