Finance Act 2000, Schedule 6
Finance Act 2000, Schedule 6 (Climate Change Levy)
What this means for your business
- Enforced by
- Environment Agency
- Applies to
- United Kingdom
Practical guidance
Our guides explain how to comply with the requirements above.
Sections and provisions
196 classified provisions from this legislation.
Offences and penalties 2
Powers 10
- s.7 Power to amend definitions of types of hydrocarbon oil.
- s.20 Threshold for reduced general rate.
- s.25 Power to search premises.
- s.26 Power to search articles.
- s.99 Joint arrangements for claims.
- s.117 Power to vary stamp duties.
- s.141 Disposals which are not taxable.
- s.143 Power to provide incentives to use electronic communications.
- s.154 Exchange Equalisation Account.
- Schedule 25 New Schedule 4B to the Taxation of Chargeable Gains Act 1992
Definitions 19
- s.5 Ultra low sulphur petrol. Ultra low sulphur petrol Unleaded petrol Higher octane unleaded petrol
- s.105 Corporation tax: use of currencies other than sterling. the closing rate/net investment method the relevant foreign currency arm’s length exchange rate
- s.128 Surrender of leases.
- s.145 Information about interest etc paid, credited or received. foreign dividend relevant discounted security
- s.153 National savings certificates.
- s.155 Interpretation. the Taxes Act 1988 ITTOIA 2005 ITA 2007
- Schedule 1 Mixing of rebated light oils
- Schedule 3 Vehicle excise duty on new cars and vans light passenger vehicle the applicable CO 2 emissions figure" is the lowest figure specified or, in a case within sub-paragraph (3)(b), the lowest CO 2 emissions (combined) figure specified. 5) If a vehicle is on first registration a vehicle to which this Part of this Schedule applies— a) its status as such a vehicle, and b) the applicable CO 2 emissions figure, are not affected by any subsequent modification of the vehicle. *Graduated rates of duty* 1B) The annual rate of vehicle excise duty applicable to a vehicle to which this Part of this Schedule applies shall be determined in accordance with the following table by reference to— a) the applicable CO 2 emissions figure, and b) whether the vehicle qualifies for the reduced rate of duty, or is liable to the standard rate or the premium rate of duty. CO2 emissions figureRate(1)(2)(3)(4)(5)ExceedingNot ExceedingReduced rateStandard ratePremium rateg/kmg/km£££15090100110150165110120130165185130140150185150155160 *The reduced rate* 1C) 1) A vehicle qualifies for the reduced rate of duty if condition A, B or C below is met. 2) Condition A is that the vehicle is constructed or modified— a) so as to be propelled by a prescribed type of fuel, or b) so as to be capable of being propelled by any of a number of prescribed types of fuel, and complies with any other requirements prescribed for the purposes of this condition. 3) Condition B is that the vehicle— a) incorporates before its first registration equipment enabling it to meet such vehicle emission standards as may be prescribed for the purposes of this condition, and b) has incorporated such equipment since its first registration. 4) Condition C is that the vehicle is of a description certified by the Secretary of State, before the vehicle’s first registration, as meeting such vehicle emission standards as may be prescribed for the purposes of this condition. 5) The Secretary of State may make provision by regulations— a) for the making of an application to the Secretary of State for the issue of a certificate under sub-paragraph (4); b) for the manner in which any determination of whether to issue such a certificate on such an application is to be made; c) for the examination of one or more vehicles of the description to which the application relates, for the purposes of the determination mentioned in paragraph (b), by such persons, and in such manner, as may be prescribed; d) for a fee to be paid for such an examination; e) for the form and content of such a certificate; f) for the revocation, cancellation or surrender of such a certificate; g) for the fact that such a certificate is, or is not, in force in respect of a description of vehicle to be treated as having conclusive effect for the purposes of this Act as to such matters as may be prescribed; and h) for appeals against any determination not to issue such a certificate. *The standard rate* 1D) A vehicle is liable to the standard rate of duty if it does not qualify for the reduced rate and is not liable to the premium rate. *The premium rate* 1E) 1) A vehicle is liable to the premium rate of duty if— a) it is constructed or modified so as to be propelled solely by diesel, and b) it is not of a prescribed description. 2) In sub-paragraph (1)(a) “diesel prescribed"* 1F) In this Part of this Schedule “prescribed
- Schedule 12 Provision of services through an intermediary
- Schedule 13 Occupational and personal pension schemes
- Schedule 14 Introductory qualifying option
- Schedule 15 The corporate venturing scheme the trading date no material interest" requirement* 5) The investing company must not, at any time during the qualification period relating to the shares, have a material interest in the issuing company. *The “no reciprocal arrangements" requirement* 6) 1) The investing company must not subscribe for the relevant shares as part of any arrangements which provide for any other person to subscribe for shares in a related company. 2) For this purpose— a) arrangements shall be disregarded to the extent that they provide for the issuing company to subscribe for shares in any of its qualifying subsidiaries, and b) “a related company relative
- Schedule 20 Tax relief for expenditure on research and development
- Schedule 23 Tax treatment of amounts relating to acquisition etc. of certain rights
- Schedule 26 Transfers of value: attribution of gains to beneficiaries protected assets
- Schedule 30 Double taxation relief
- Schedule 33 Power to vary stamp duties
- Schedule 35 Value added tax: charge at reduced rate residential accommodation use for a relevant charitable purpose List B energy-saving materials
- Schedule 38 Regulations for providing incentives for electronic communications legislation taxation matter tax authorities
Exemptions 22
- s.54 Employee share ownership trusts.
- s.114 Rates: conveyance or transfer on sale.
- s.118 Land transferred etc for other property.
- s.119 Transfer of land to connected company.
- s.120 Exceptions from section 119.
- s.121 Grant of lease to connected company.
- s.122 Marketable securities transferred etc for exempt property.
- s.123 Transfer of property between associated companies: Great Britain.
- s.124 Transfer of property between associated companies: Northern Ireland.
- s.125 Grant of leases etc between associated companies.
- s.129 Abolition of duty on instruments relating to intellectual property.
- s.134 Transfers between depositary receipt systems and clearance systems.
- Schedule 6 Climate change levy
- Schedule 8 Introductory
- Schedule 9 New Schedule 7C to the Taxation of Chargeable Gains Act 1992
- Schedule 10 Introduction
- Schedule 22 Tonnage tax
- Schedule 24 New Schedule 4A to the Taxation of Chargeable Gains Act 1992
- Schedule 32 Stamp duty on seven year leases: transitional provisions
- Schedule 36 New Schedule 3A to the Value Added Tax Act 1994
- ... and 2 more exemptions