Complete your CIS monthly compliance
- 9 steps
UK Act of Parliament
2004
United Kingdom
Finance Act 2004
At a glance
Enforced by
What's here
51 compliance obligations, 26 practical guides · 13 journeys · 16 statutory instruments
Penalty landscape
6 of 51 obligations carry a fine up to £3,000. 7 carry different penalties and 38 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 23
- Director or Officer 7
- Trader 7
- Client 5
- Contractor 3
- Operator 1
Plus 5 non-business duties on Crown ministers, regulators, local authorities or tribunals — shown collapsed under each section below.
Step-by-step journeys using this legislation
Walkthroughs that take you from a real business situation to compliance.
Protect your business from CIS supply chain fraud
- 4 steps
Fix CIS payment errors
- 6 steps
CIS compliance quick check
- 7 steps
- 1 requirement
Keep and maintain your gross payment status
- 5 steps
- 1 requirement
I've made a CIS mistake - how to fix it
- 5 steps
Relevant guidance
Practical guides for businesses affected by this Act, ordered by how closely they engage with it.
Direct — cites this Act
20 guidesAm I a 'deemed contractor' under CIS?
Apply for CIS gross payment status
CIS for small builders - what you actually need to know
CIS nil returns - when you must file and when you don't
CIS registration does not determine employment status
Calculate CIS deductions
Claim a refund for CIS deductions
Construction tax compliance - how CIS, VAT, CITB, and PAYE work together
Supporting — topic alignment
3 guidesMentioned in related content
3 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 2338 other Acts (top 5 shown)
- Human Medicines Regulations 2012 2012 169 duties
- Merchant Shipping Act 1995 1995 144 duties
- Insolvency (England and Wales) Rules 2016 2016 101 duties
- Road Traffic Act 1988 1988 95 duties
- Air Navigation Order 2016 2016 95 duties
Directors and Officers also bound by 425 other Acts (top 5 shown)
- Insolvency (England and Wales) Rules 2016 2016 161 duties
- Companies Act 2006 2006 108 duties
- Insolvency Act 1986 1986 72 duties
- The Large and Medium-sized Companies and Groups (Accounts and Reports) Regulations 2008 2008 55 duties
- The Housing Administration (England and Wales) Rules 2018 2018 26 duties
Traders also bound by 826 other Acts (top 5 shown)
- Value Added Tax Regulations 1995 1995 413 duties
- Companies Act 2006 2006 243 duties
- The Large and Medium-sized Companies and Groups (Accounts and Reports) Regulations 2008 2008 114 duties
- Insolvency (England and Wales) Rules 2016 2016 62 duties
- Building Societies Act 1986 1986 56 duties
Clients also bound by 65 other Acts (top 5 shown)
- Construction (Design and Management) Regulations 2015 2015 32 duties
- The Building (Higher-Risk Buildings Procedures) (Wales) Regulations 2025 2025 19 duties
- Building (Higher-Risk Buildings Procedures) (England) Regulations 2023 2023 17 duties
- Building Regulations (Northern Ireland) 2012 2012 14 duties
- Building Regulations 2010 2010 12 duties
Contractors also bound by 178 other Acts (top 5 shown)
- The National Health Service (Personal Medical Services Agreements) Regulations 2015 2015 137 duties
- The National Health Service (General Medical Services Contracts) Regulations 2015 2015 134 duties
- Construction (Design and Management) Regulations 2015 2015 114 duties
- The National Health Service (General Medical Services Contracts) (Wales) Regulations 2023 2023 93 duties
- The Health and Personal Social Services (General Medical Services Contracts) Regulations (Northern Ireland) 2004 2004 87 duties
Operators also bound by 730 other Acts (top 5 shown)
- Regulation (EU) No 965/2012 (Air Operations) 2012 138 duties
- Commission Implementing Regulation (EU) 2018/2066 of 19 December 2018 on the monitoring and reporting of greenhouse gas emissions pursuant to Directive 2003/87/EC of the European Parliament and of the Council and amending Commission Regulation (EU) No 601/2012 (Text with EEA relevance) 2018 121 duties
- Commission Regulation (EU) No 601/2012 of 21 June 2012 on the monitoring and reporting of greenhouse gas emissions pursuant to Directive 2003/87/EC of the European Parliament and of the Council (Text with EEA relevance) (repealed) 2012 112 duties
- Space Industry Regulations 2021 2021 75 duties
- Regulation (EU) 2016/429 of the European Parliament and of the Council of 9 March 2016 on transmissible animal diseases and amending and repealing certain acts in the area of animal health (‘Animal Health Law’) (Text with EEA relevance) 2016 66 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 1 — Excise duties
Browse 18 other sections in this Part — procedural / definitional / commencement
Rates of tobacco products duty
Rate of duty on beer
Rates of duty on wine and made-wine
Duty stamps for spirits etc
Rates
Road fuel gas
Sulphur-free fuel
Definition of “fuel oil”
Mixing of rebated oil
Bioethanol
Biodiesel
Fuel substitutes
Warehousing
Treatment of certain energy products
General betting duty: pool betting
Rates of gaming duty
Amusement machine licence duty: rates
Fee for payment of duty by credit card
Part 2 — Value added tax
Browse 4 other sections in this Part — procedural / definitional / commencement
Part 3 — Income tax, corporation tax and capital gains tax
Charge and main rate for financial year 2005
- Pay Corporation Tax at the 30% rate for the 2005 financial year Trader
Corporation tax starting rate and fraction for financial year 2004
Other duties (1) — Crown / regulator
- HMRC must apply 2004 corporation tax rates and marginal relief scales Statutory regulator
Duty of company to give notice of coming within charge to corporation tax
Unlimited fine- Fail to give required corporation‑tax notice Any Person
Section 55: exception to duty to give notice
- Notify HMRC within 3 months if corporation tax notice exception ceases Trader
Deductions on account of tax from contract payments
- Deduct tax from payments to subcontractors under CIS Contractor
Treatment of sums deducted
- Pay CIS deductions to HMRC Contractor
Registration for gross payment or for payment under deduction
- Register for the Construction Industry Scheme (CIS) Trader
Security for payments to HMRC
Unlimited fine- Fail to provide required HMRC security Any Person
Collection and recovery of sums to be deducted
Other duties (1) — Crown / regulator
- HMRC must make regulations for collecting and recovering CIS deductions Statutory regulator
Penalties
Fine up to £3,000- Submit false information to become registered for gross payments Any Person
Interest payments: exemption notices
Amended 1 timePayment of royalties without deduction at source
Amended 8 timesClaim for tax deducted at source from exempt interest or royalty payments
Amended 2 timesSpecial relationships
Amended 1 timeAnti-avoidance
Amended 1 timeTransitional provision
Amended 1 timeIssue of certificate
Amended 1 timeRefusal to issue certificate and appeal against refusal
Amended 3 timesSupplementary
Amended 1 time“The losses claimed” and “the individual’s capital contribution to the trade”
Amended 3 times“Film-related losses” and “non-taxable consideration”
Amended 2 timesRestriction of relief: non-active partners
Amended 1 timePartnerships exploiting films
Amended 1 time“A significant amount of time”
Amended 2 timesCompanies in partnership
Amended 3 timesRent factoring of leases of plant or machinery
Amended 1 timeManufactured payments under arrangements having an unallowable purpose
Amended 2 timesGilt strips
Amended 1 timeGifts of shares, securities and real property to charities etc
Amended 1 timeLife policies etc.: restriction of corresponding deficiency relief
Amended 1 timeRelief for research and development: software and consumable items
Amended 4 timesTemporary increase in amount of first-year allowances for small enterprises
Amended 1 timeDeduction for expenditure by landlords on energy-saving items
Amended 1 timeImmediate needs annuities
Amended 6 timesCorporation tax: health service bodies
Amended 1 timeBrowse 101 other sections in this Part — procedural / definitional / commencement
Charge and rates for 2004-05
Personal allowances for those aged 65 or more
Small companies' rate and fraction for financial year 2004
The non-corporate distribution rate
Special rates of tax applicable to trusts
Provision not at arm’s length: transactions between UK taxpayers etc
Exemptions for dormant companies and small and medium-sized enterprises
Special applications of paragraph 6 of Schedule 28AA to the Taxes Act 1988
Provision not at arm’s length: temporary relaxation of liability to penalty
Payments of excessive interest etc
Elimination of double counting etc
Balancing payments and elections to pay tax instead
Commencement and transitional provisions
Expenses of management: companies with investment business
Accounting period to which expenses of management are referable
Expenses of insurance companies
Related amendments to other enactments
Commencement of sections 38 to 41
Companies with investment business: transitional provisions
Insurance companies: transitional provisions
Amounts reversing expenses of management deducted: charge to tax
Power to make consequential amendments
Insurance companies etc.
Loan relationships: miscellaneous amendments
Derivative contracts: miscellaneous amendments
Generally accepted accounting practice
Use of different accounting practices within a group of companies
Amendment of enactments that operate by reference to accounting practice
Treatment of expenditure on research and development
Trading profits etc. from securities: taxation of amounts taken to reserves
Relief for community amateur sports clubs
Introduction
Sub-contractors
Contractors
Contract payments
Payments made in the knowledge of deliberate failures to comply
Returns made in the knowledge of deliberate failures to comply
Regulations
Requirements for registration for gross payment
Change in control of company registered for gross payment
Cancellation of registration for gross payment
Registration for gross payment: appeals
Registration for payment under deduction: cancellation and appeals
Verification etc of registration status of sub-contractors
Periodic returns by contractors etc
Penalties: deliberate failures to comply
Penalties under section 72A: officers’ liability
Appeals in relation to a decision notice under section 72B
Regulations under this Chapter: supplementary
Designated international organisations: exemption from section 59
Meaning of “construction operations”
Meaning of “the Inland Revenue” etc and delegation of Board’s functions
Consequential amendments
Commencement and transitional provision
Childcare and childcare vouchers
Exemption for loaned computer equipment
Vans
Emergency vehicles
European travel expenses of MPs and other representatives
Giving through the self-assessment return
Charge to income tax by reference to enjoyment of property previously owned
Relief where national insurance contributions met by employee
Shares in employee-controlled companies and unconnected companies
Restricted securities with artificially depressed value
Shares under approved plans and schemes
Shares acquired on public offer
Associated persons etc.
Income of spouses: jointly held property
Minor amendments of or connected with ITEPA 2003
Enterprise investment scheme
Venture capital trusts
Corporate venturing scheme
Enterprise management incentives: subsidiaries
Introductory
Exemption from income tax for certain interest and royalty payments
Permanent establishments and “25% associates”
Consequential amendments
Introductory
Income tax credit etc for special withholding tax
Capital gains tax credit etc for special withholding tax
Credit under Part 18 of Taxes Act 1988 to be allowed first
Computation of income etc subject to special withholding tax only
Computation of income etc subject to foreign tax and special withholding tax
Restriction of gifts relief etc
Private residence relief
Authorised unit trusts: treatment of umbrella schemes
Individuals benefited by film relief
“Disposal of a right of the individual to profits arising from the trade”
Computing the chargeable amount
Partners: meaning of “capital contribution to the trade”
Losses derived from exploiting licence: introductory
Charge to income tax
Definitions for purposes of section 127
Disposals to which section 126 applies
Companies in partnership: supplementary
Relationship with chargeable gains
Finance leasebacks
Manufactured dividends
Lloyd’s names: conversion to limited liability underwriting
Offshore funds
Meaning of “offshore installation”
Part 4 — Pension schemes etc
Meaning of “pension scheme”
Amended 4 timesMeaning of “member”
Amended 2 timesMeaning of “arrangement”
Amended 15 timesRegistration of pension schemes
6 months imprisonment Amended 8 times- Register your pension scheme with HMRC Director or Officer
Power to require information or documents in relation to applications for registration
Amended 8 timesPower to inspect documents in relation to applications for registration
Amended 8 timesPenalties for failure to comply with information notices etc
Amended 8 timesPenalties for inaccurate information in applications
Amended 8 timesPenalties for inaccurate information or documents provided under information notice
Amended 8 timesPenalties for false declarations
Unlimited fine Amended 8 times- Submit a false declaration with a finance application Any Person
Persons by whom registered pension scheme may be established
Amended 4 timesPersons by whom scheme may be established: supplementary
Amended 3 timesAppeal against decision not to register
Amended 8 timesCases where application for registration not decided within 6 months
Amended 8 timesDe-registration
Other duties (1) — Crown / regulator
- HMRC must notify the scheme administrator when de-registering a pension scheme Statutory regulator
Grounds for de-registration
Amended 17 timesAppeal against decision to de-register
Amended 7 timesPower to require information or documents for purpose of considering if scheme administrator is fit and proper
Amended 7 timesPower to inspect documents for purpose of considering if scheme administrator is fit and proper
Amended 7 timesPenalties for failure to comply with information notices etc
Amended 7 timesPenalties for inaccurate information or documents provided under information notice
Unlimited fine Amended 7 times- Provide inaccurate information under an information notice Any Person
Payments by registered pension schemes
Amended 12 timesMeaning of “payment” etc
Amended 11 timesMeaning of “loan”
Amended 10 timesMeaning of “borrowing” etc
Amended 2 timesAuthorised member payments
Amended 19 timesPension rules
Amended 29 timesLump sum rule
Amended 22 timesPension death benefit rules
Amended 30 timesLump sum death benefit rule
Amended 10 timesRecognised transfers
Amended 24 timesAppeal against decision to exclude recognised overseas pension scheme
Amended 8 timesScheme administration member payments
Amended 3 timesAssignment
Amended 13 timesSurrender
Amended 13 timesIncrease in rights of connected person on death
Amended 13 timesIncrease in rights on death arising from alternatively secured pension fund etc
Amended 13 timesAllocation of unallocated employer contributions
Amended 13 timesLimit on increase in benefits
Amended 13 timesBenefits
Amended 18 timesValue shifting
Amended 5 timesTaxable property held by investment-regulated pension schemes
Amended 5 timesAuthorised employer payments
Amended 2 timesPublic service scheme payment
Amended 1 timeAuthorised surplus payment
Amended 1 timeCompensation payments
Amended 1 timeAuthorised employer loan
Amended 4 timesScheme administration employer payments
Amended 4 timesValue shifting
Amended 3 timesMinimum level of payment
Amended 3 timesUnauthorised borrowing: money purchase arrangements other than collective money purchase arrangements
Amended 13 timesEffect of unauthorised borrowing: money purchase arrangements other than collective money purchase arrangements
Amended 2 timesUnauthorised borrowing: other arrangements
Amended 6 timesEffect of unauthorised borrowing: other arrangements
Amended 1 timeIncome from taxable property
Amended 1 timeAnnual profits and deemed profits
Amended 1 timeDeemed market value
Amended 1 timeApportionment to pension scheme
Amended 1 timeCredit for tax paid
Amended 1 timeGains from taxable property
Amended 1 timeDisposal by person holding directly
Amended 1 timeDisposal of interest in vehicle
Amended 1 timeCredit for tax paid
Amended 1 timeEffect of repayment of certain pre-6 April 2015 lump sums
Amended 1 timeIncome
Amended 4 timesChargeable gains
Amended 1 timeRelief for contributions
Amended 7 timesRelevant UK individual
Amended 16 timesAnnual limit for relief
Amended 2 timesMethods of giving relief
Amended 1 timeRelief at source
Amended 14 timesRelief at source: additional relief
Amended 14 timesRelief at source: excessive relief given
Amended 14 times- Repay excessive tax relief if your tax residency or rate changes Trader
Relief under net pay arrangements
Amended 4 timesNet pay arrangements: relief where no income tax liability
Amended 4 timesRelief on making of claim
Amended 3 timesTransfer of certain shares to be treated as payment of contribution
Amended 3 timesLife assurance premium contributions
Amended 3 timesRelief for employers in respect of contributions paid
Amended 7 timesPower to restrict relief
Amended 7 timesEmployer asset-backed contributions: denial of relief (1)
Amended 7 timesEmployer asset-backed contributions: “acceptable structured finance arrangement” (1)
Amended 7 timesEmployer asset-backed contributions: denial of relief (2)
Amended 7 timesEmployer asset-backed contributions: “acceptable structured finance arrangement” (2)
Amended 7 timesEmployer asset-backed contributions: denial of relief (3)
Amended 7 timesEmployer asset-backed contributions: “acceptable structured finance arrangement” (3)
Amended 7 timesEmployer asset-backed contributions: “relevant change in relation to the partnership” and “person involved in the relevant change”
Amended 7 timesEmployer asset-backed contributions: change in lender's original position under acceptable structured finance arrangement etc
Amended 7 timesEmployer asset-backed contributions: further events which cause section 196I to apply
Amended 7 timesEmployer asset-backed contributions: “advances” under acceptable structured finance arrangements
Amended 7 timesEmployer asset-backed contributions: supplementary
Amended 7 timesSpreading of relief
Amended 9 timesSpreading of relief: cessation of business
Amended 2 timesDeemed contributions
Amended 6 timesIndirect contributions
Amended 6 timesNo other relief for employers in connection with contributions
Amended 6 timesRelief for employees
Amended 1 timeMinimum contributions under pensions legislation
Amended 3 timesInheritance tax exemptions
Amended 2 timesAuthorised pensions and lump sums
Amended 3 timesShort service refund lump sum charge
Amended 7 timesSerious ill-health lump sum charge
Amended 7 timesSpecial lump sum death benefits charge
Amended 26 timesPartial repayment of section 206 charge where IHT paid by recipient of benefit
Amended 26 timesSupplementary charge on refund of overpaid IHT
Amended 26 timesAuthorised surplus payments charge
Amended 7 timesUnauthorised payments charge
Amended 10 timesUnauthorised payments surcharge
Amended 12 timesSurchargeable unauthorised member payments
Amended 8 timesValuation of crystallised rights for purposes of section 210
Amended 5 timesValuation of uncrystallised rights for purposes of section 210
Amended 8 timesSurchargeable unauthorised employer payments
Amended 7 timesHigh income excess relief charge
Amended 7 timesHigh income
Amended 7 timesGross income
Amended 7 timesRelevant income
Amended 7 timesThe appropriate rate
Amended 7 timesTotal pension savings amount
Amended 7 timesMoney purchase arrangements other than cash balance arrangements
Amended 7 timesCash balance arrangements
Amended 7 timesAdjustment of closing rights
Amended 7 timesDefined benefits arrangements
Amended 7 timesAdjustment of closing pension and lump sum
Amended 7 timesAge-related factors
Amended 7 timesUprating of opening rights, pension and lump sum
Amended 7 timesHybrid arrangements
Amended 7 timesAnti-avoidance
Amended 7 timesPower to make regulations about charge
Amended 7 timesLifetime allowance charge
Amended 2 timesAmount of charge
Amended 7 timesBenefit crystallisation events and amounts crystallised
Amended 36 timesPersons liable to charge
Amended 8 timesIndividual’s lifetime allowance and standard lifetime allowance
Amended 14 timesAvailability of individual’s lifetime allowance
Amended 13 timesPension credits from previously crystallised rights
Amended 3 timesNon-residence: general
Amended 1 timeNon-residence: money purchase arrangements
Amended 2 timesNon-residence: other arrangements
Amended 4 timesTransfers from recognised overseas pension scheme: general
Amended 1 timeOverseas scheme transfers: money purchase arrangements
Amended 1 timeOverseas scheme transfers: other arrangements
Amended 3 timesAnnual allowance charge
Amended 37 times- Pay the annual allowance tax charge on excess pension contributions Trader
Individuals who meet flexible drawdown conditions
Amended 37 timesThe alternative chargeable amount
Amended 37 timesMeaning of “money-purchase input sub-total”
Amended 37 timesPension input amounts in respect of certain hybrid arrangements
Amended 37 timesPension input periods ending before rights are first flexibly accessed
Amended 37 timesPension input periods in which rights are first flexibly accessed
Amended 37 timesWhen pension rights are first flexibly accessed
Amended 37 timesThe chargeable amount
Amended 37 timesAnnual allowance
Amended 6 timesCarry forward of unused annual allowance
Amended 6 timesCarry forward: certain periods treated as pension input periods
Amended 6 timesAnnual allowance for, and carry-forward from, 2015-16
Amended 6 timesTapered reduction of annual allowance: high-income individual
Amended 6 timesAnti-avoidance in connection with section 228ZA
Amended 6 timesTotal pension input amount
Amended 6 timesCash balance arrangements
Amended 7 timesCash balance arrangements: uprating of opening value
Amended 4 timesCash balance arrangements: adjustments of closing value
Amended 29 timesOther money purchase arrangements
Amended 5 timesDefined benefits arrangements
Amended 30 timesDefined benefits arrangements: uprating of opening value
Amended 6 timesDefined benefits arrangements: adjustments of closing value
Amended 25 timesPost-entitlement enhancements
Amended 25 timesDefined benefits arrangements: public service pension schemes
Amended 25 timesHybrid arrangements
Amended 6 timesLiability of individual
Amended 6 times- Pay the annual allowance tax charge on pension savings Trader
Liability of scheme administrator
Amended 6 timesTime limit for notices under section 237B
Amended 6 timesExceptions
Amended 6 timesDischarge of scheme administrator's liability
Amended 6 times- Apply for relief from pension scheme tax liability Director or Officer
Consequential benefit adjustments to be reasonable etc
Amended 6 timesPower to modify rules
Amended 6 timesPension input amounts for input periods ending in 2015-16
Amended 6 timesPension input period : arrangement commencing before 9 July 2015
Amended 12 timesPower to make orders about charge
Amended 12 timesPension input periods from 9 July 2015 for existing arrangement
Amended 12 timesPension input periods for arrangement commencing after 8 July 2015
Amended 12 timesScheme sanction charge
Amended 11 times- Pay the scheme sanction charge on taxable pension payments Director or Officer
Amount of charge
Amended 4 timesScheme chargeable payment
Amended 5 timesDe-registration charge
Amended 6 timesMeaning of “non-UK registered scheme”
Amended 6 timesMeaning of “UK-relieved funds”
Amended 6 timesApplication of this Part to non-UK registered schemes
Amended 6 timesNon-UK registered schemes: annual allowance charge
Amended 6 timesInvestment-regulated non-UK registered schemes
Amended 6 timesOverseas pension schemes: migrant member relief
Amended 1 timeNon-UK schemes: application of certain charges
Amended 3 timesOverseas transfer charge
Amended 3 timesOverseas transfer charge: introduction
Amended 3 timesOverseas transfer charge: interpretation
Amended 3 timesOverseas transfer charge: transfers where no exclusion applies
Amended 3 timesExclusion: member and receiving scheme in same country
Amended 3 timesExclusion: receiving scheme in EEA state or Gibraltar , and member resident in UK or EEA state
Amended 3 timesExclusion: receiving scheme is an occupational pension scheme
Amended 3 timesExclusion: receiving scheme set up by international organisation
Amended 3 timesExclusion: receiving scheme is an overseas public service scheme
Amended 3 timesExclusions: avoidance of double charge, and transitional protections
Amended 3 timesPower to provide for further exclusions
Amended 3 timesCircumstances in which exclusions do not apply
Amended 3 timesOverseas transfer charge: transfers exceeding available allowance
Amended 3 timesMember’s overseas transfer allowance
Amended 3 timesAvailability of member’s overseas transfer allowance
Amended 3 timesInformation to be provided by relieved relevant non-UK scheme on block transfer
Amended 3 timesPersons liable to charge
Amended 3 times- Pay tax charges on transfers to overseas pension schemes Director or Officer
Amount of charge
Amended 3 timesMeaning of “transferred value”
Amended 3 timesAccounting for overseas transfer charge by scheme managers
Amended 3 timesRepayments of charge on subsequent excluding events
Amended 3 timesDischarge of liability of scheme administrator or manager
Amended 3 times- Apply for relief from the overseas transfer charge Director or Officer
Restriction of deduction for contributions by employer
Amended 3 timesRestriction of deduction for non-contributory provision
Amended 9 timesCase where no relief for provision by an employer
Amended 9 timesAbolition of income tax charge in respect of employer payments
Amended 1 timeEmployer’s cost of insuring against non-payment of benefit
Amended 1 timeTaxation of non-pension benefits
Amended 4 timesRegistered pension scheme return
Amended 2 timesInformation: general requirements
Amended 9 timesNotices requiring documents or particulars
Amended 2 timesAppeal against notices
Amended 11 timesAccounting for tax by scheme administrators
Amended 12 timesAssessments under this Part
Amended 8 timesElectronic payment
Amended 8 timesPayments to be cleared payments
Amended 8 timesEnhanced ... allowance regulations
Amended 13 timesRegistered pension scheme return
Fine up to £100 Amended 4 times- Fail to submit required pension scheme return Any Person
Information required by regulations
Amended 3 timesDocuments and particulars required by notice
Amended 3 timesAccounting return
Amended 6 timesEnhanced ... allowance regulations: documents and information
Amended 13 timesEnhanced ... allowance regulations: failures to comply
Fine up to £3,000 Amended 6 times- Fail to provide documents or information required by enhanced allowance regulations Any Person
... Enhanced protection: benefit accrual
Fine up to £3,000 Amended 5 times- Fail to notify HMRC of pension benefit accrual Any Person
False statements etc
Fine up to £3,000 Amended 5 times- Make a false statement to obtain pension tax relief Any Person
Winding-up to facilitate payment of lump sums
Fine up to £3,000 Amended 5 times- Wind up pension scheme mainly to pay lump‑sum benefits Any Person
Transfers to insured schemes
Fine up to £3,000 Amended 2 times- Transfer pension scheme assets to an insured scheme incorrectly Any Person
Member's liability
Amended 2 timesScheme's liability
Amended 2 timesLifetime allowance charge
Amended 5 timesUnauthorised payments surcharge and scheme sanction charge
Amended 6 times- Apply to HMRC to cancel pension tax surcharges Director or Officer
Appeal against decision on discharge of liability
Amended 19 timesMeaning of “scheme administrator”
Amended 10 timesLiability of scheme administrator
Amended 9 timesTrustees etc. liable as scheme administrator
Amended 5 timesLiabilities of independent trustee
Amended 5 timesLiabilities of scheme administrator appointed by independent trustee etc
Amended 5 timesFormer scheme administrator etc to retain liability
Amended 5 timesMembers liable as scheme administrator
Amended 9 timesInsurance company liable as scheme administrator
Amended 9 timesPower of trustees or managers to make certain payments
Amended 9 timesIncome and gains from taxable property
Amended 9 timesSupplementary
Amended 7 timesPower to split schemes
Amended 7 timesNational Employment Savings Trust and Master Trust schemes
Amended 7 timesTreatment of pension benefits reclaimed from reclaim fund etc
Amended 7 timesMaster Trust schemes
Amended 7 timesCollective money purchase schemes
Amended 7 timesPower to make provision about collective money purchase schemes
Amended 7 timesInsurance company
Amended 3 timesRelevant valuation factor
Amended 1 timeMarket value
Amended 3 timesDisqualifying pension credits
Amended 3 timesAnnuities and scheme pensions: meaning of “related to”
Amended 3 timesOther definitions
Amended 14 timesAbbreviations and general index
Amended 69 timesMinor and consequential amendments
Amended 6 timesOrders and regulations
Amended 13 timesTransitionals and savings
Amended 3 timesBrowse 3 other sections in this Part — procedural / definitional / commencement
Part 5 — Oil
Browse 3 other sections in this Part — procedural / definitional / commencement
Part 6 — Other taxes
Amendments to penalty regime
Amended 1 timeNotification, registration and penalties
Amended 2 timesBrowse 15 other sections in this Part — procedural / definitional / commencement
Supplies to producers of commodities
Transitional tax credit in Northern Ireland: changes to existing scheme
Transitional tax credit in Northern Ireland: new scheme
Lorry road-user charge
Delivery of accounts etc
Grant of probate
Miscellaneous amendments
Leases
Claims not included in returns
Assents and appropriations by personal representatives
Chargeable consideration
Charities relief
Shared ownership leases
Application to certain partnership transactions
Liability of partners
Part 7 — Disclosure of tax avoidance schemes
Meaning of “promoter”
Amended 10 timesDuties of promoter
Amended 9 times- Disclose tax avoidance schemes to HMRC Any Person
Supplemental information
Amended 9 timesDuty of person dealing with promoter outside United Kingdom
- Notify HMRC of tax arrangements involving overseas promoters Client
Duty of parties to notifiable arrangements not involving promoter
- Report tax avoidance schemes if no UK promoter is involved Any Person
Duty to provide further information requested by HMRC
- Provide further information or documents to HMRC upon request Any Person
Failure to provide information under section 310A: application to the Tribunal
Other duties (1) — Crown / regulator
- Tribunal may order you to provide documents relevant to tax arrangements Tribunal / Court
Duty of promoters to provide updated information
- Update HMRC if your tax arrangement name or promoter details change Any Person
Allocation of reference number to arrangements
Amended 5 timesDuty of HMRC to notify persons of reference number
Amended 5 timesOther duties (1) — Crown / regulator
- HMRC must notify relevant parties of tax arrangement reference numbers Statutory regulator
Right of appeal: section 311(3) case
Amended 5 timesDuty to provide further information requested by HMRC: section 311(3) case
Amended 5 times- Provide documents and info to HMRC about tax arrangements upon request Any Person
Duty of promoter to notify client of number : section 311(2) case
Amended 4 times- Notify clients of tax scheme reference numbers Any Person
Duty of client to notify parties of number
Amended 4 times- Pass on tax avoidance scheme reference number to other parties Client
Duty of client to provide information ...
Amended 4 times- Provide prescribed information to promoter after receiving reference number Client
Duty to notify client of reference number: section 311(3) case
Amended 4 times- Pass on DOTAS reference numbers to your clients Client
Duty of parties to notify HMRC of reference number etc
Amended 11 timesPre-disclosure enquiry
Amended 11 times- Respond to HMRC enquiries about tax-notifiable arrangements Any Person
Reasons for non-disclosure: supporting information
Amended 11 times- Provide supporting info to HMRC regarding non-disclosure of tax schemes Any Person
Provision of information to HMRC by introducers
Amended 11 times- Provide information to HMRC if you are an 'introducer' for tax proposals Any Person
Duty to provide details of clients
Amended 11 times- Provide client details to HMRC regarding tax avoidance schemes Any Person
Enquiry following disclosure of client details
Amended 11 times- Provide information to HMRC about other involved parties Operator
Duty of employer to notify HMRC of details of employees etc
Amended 11 times- Notify HMRC of employee details when tax advantage arises from notifiable arrangement Client
Information to be provided in form and manner specified by HMRC
Amended 8 timesDuty to provide additional information
Amended 8 timesConfidentiality
Amended 8 timesPublication by HMRC
Amended 8 timesSection 316C: subsequent judicial rulings
Amended 8 timesRegulations under Part 7
Amended 1 timeSpecial Commissioners: procedure
Amended 1 timeInterpretation of Part 7
Amended 14 timesBrowse 13 other sections in this Part — procedural / definitional / commencement
Introduction
Meaning of “notifiable arrangements” and “notifiable proposal”
Doubt as to notifiability
Notice of potential allocation of reference number: arrangements and proposals suspected of being notifiable
Legal professional privilege
Order to disclose
Penalties
Further penalties
Determination of penalties
Failure to comply with time limit
Other exemptions from liability to a penalty
Regulations to vary amounts
Part 7: commencement and savings
Part 8 — Miscellaneous matters
Mutual assistance: customs union with the Principality of Andorra
Amended 4 timesGovernment borrowing: preparations for possible adoption of Euro
Amended 2 timesBrowse 4 other sections in this Part — procedural / definitional / commencement
Part 9 — Supplementary provisions
Browse 3 other sections in this Part — procedural / definitional / commencement
Schedules
New Schedule 2A to the Alcoholic Liquor Duties Act 1979
Unlimited fine- Sell or deal in unstamped alcohol containers Any Person
The company must satisfy the Inland Revenue, by such evidence...
- Satisfy HMRC of UK business activity and conditions Trader
In the case of an application for an individual or...
- Firm must satisfy conditions for partner's gross payment registration Contractor
(1) Amount 1 arises if paragraph (a) of section 179...
- Ensure pension scheme loans do not exceed 50% of assets Director or Officer
(1) For the purposes of this Schedule an overseas pension...
- Notify HMRC and give undertakings to qualify an overseas pension scheme Any Person
Browse 759 other Schedules — structural / supplementary
Insurance companies etc
Loan relationships: miscellaneous amendments
Amendment of enactments that operate by reference to accounting practice
Conditions for registration for gross payment
Vans
Relief where national insurance contributions met by employee
Minor amendments of or connected with the Income Tax (Earnings and Pensions) Act 2003
Corporate venturing scheme
Chargeable gains: restriction of gifts relief etc
Chargeable gains: private residence relief
Offshore funds
Meaning of “offshore installation”
Registered pension schemes: authorised pensions—supplementary
Registered pension schemes: benefit crystallisation events ...
Non-UK schemes: application of certain charges and protections etc
Pension schemes etc: minor and consequential amendments
Oil taxation: tax-exempt tariffing receipts and assets producing them
Stamp duty land tax and stamp duty
Stamp duty land tax: claims not included in returns
Stamp duty land tax: application to certain partnership transactions
The Schedule inserted before Schedule 3 to the Alcoholic Liquor...
Disclosure of value added tax avoidance schemes
After section 58 of the Value Added Tax Act 1994...
After Schedule 11 to that Act insert— SCHEDULE 11A Disclosure...
In section 70 of the Value Added Tax Act 1994...
In section 83 of that Act (appeals) after paragraph (z)...
(1) Section 84 of that Act (further provisions relating to...
In section 97 of that Act (orders, rules and regulations)...
Corporation tax: the non-corporate distribution rate: supplementary provisions
The provisions of this Schedule supplement section 13AB (corporation tax:...
(1) The basic rule is that the allocation of excess...
(1) This paragraph applies where an amount of excess NCDs...
(1) The provisions of this Part of this Schedule as...
(1) Any excess NCDs not allocated to another company under...
(1) For the purposes of section 13AB and this Schedule...
(1) Section 13AB and this Schedule apply in relation to...
For the purposes of section 13AB and this Schedule, a...
(1) For the purposes of section 13AB and this Schedule...
In section 13AB and this Schedule— “basic profits” means the...
(1) A “non-corporate distribution” means a distribution made by a...
(1) A company’s underlying rate of corporation tax for an...
Where in an accounting period the total amount of the...
Where in an accounting period the total amount of the...
(1) This Part of this Schedule provides for the allocation...
(1) If at the end of the distribution period the...
(1) Excess NCDs falling to be allocated to another company...
(1) This paragraph applies where a company (“company A”) ceases...
(1) Section 677 of the Taxes Act 1988 (sums paid...
The side-note to section 694 of the Taxes Act 1988...
The amendments made by paragraph 1 have effect for the...
Provision not at arm’s length: related amendments
(1) Section 9A of the Taxes Management Act 1970 (c....
(1) In Schedule 18 (company tax returns, assessments and related...
Schedule 22 to the Finance Act 2000 (c. 17) (tonnage...
(1) Paragraph 58 is amended as follows.
(1) Paragraph 59 is amended as follows.
(1) Section 494 of the Taxes Act 1988 (charges on...
In Schedule 24 to the Taxes Act 1988, paragraph 20...
The Finance Act 1998 (c. 36) is amended as follows....
Expenses of companies with investment business and insurance companies
(1) In section 210A(10) of the Taxation of Chargeable Gains...
(1) . . . . . . . . ....
Schedule 9 to the Finance Act 1996 (c. 8) (loan...
(1) Paragraph 2 (late interest) is amended as follows.
(1) Paragraph 5 (bad debts etc) is amended as follows....
(1) Paragraph 6A (bad debt etc: parties having connection and...
(1) After paragraph 10 (imported losses etc) insert— Deemed assignment...
(1) Paragraph 18 (discounted securities of close companies) is amended...
(1) Paragraph 20 (major interest) is amended as follows.
Derivative contracts: miscellaneous amendments
Schedule 26 to the Finance Act 2002 (c. 23) is...
(1) Paragraph 13 is amended as follows.
(1) At the beginning of Part 6 (special computational provisions)...
(1) In paragraph 23, in sub-paragraph (7) (definition of amount...
(1) In paragraph 33(4)(b) (which refers to a subsequent statement...
(1) Section 84 of the Finance Act 1996 (c. 8)...
Omit section 92A of that Act (convertible securities etc.: debtor...
(1) Omit sections 93, 93A and 93B of that Act...
Omit section 94 of that Act (indexed gilt-edged securities).
After that section insert— Loan relationships with embedded derivatives (1) This section applies where a company is permitted or...
In section 95 of that Act (gilt strips), in subsection...
In section 96 of that Act (special rules for certain...
In section 101 of that Act (financial instruments), after subsection...
(1) Section 103 of that Act (interpretation) is amended as...
Schedule 9 to the Finance Act 1996 (c. 8) (loan...
In paragraph 3 (1) (options etc.) for “an authorised accruals...
(1) Section 84A of that Act (exchange gains and losses...
(1) Paragraph 5 (bad debts etc.) is amended as follows....
(1) Paragraph 5A (bad debts and consortium relief) is amended...
(1) Paragraph 6 (bad debts etc where parties have a...
(1) Paragraph 6A (bad debts etc.: parties having connection and...
(1) Paragraph 6B (bad debts etc. : companies becoming connected)...
(1) Paragraph 6C (bad debts etc. : cessation of connection)...
In paragraph 8 (restriction on writing off overseas sovereign debts...
(1) Paragraph 9 (further restriction on bringing into account losses...
In paragraph 10 (imported losses etc. ), for sub-paragraph (1)...
In paragraph 10A (deemed disposal on company ceasing to be...
For sections 85 and 86 of that Act (authorised accounting...
In paragraph 11 (transactions not at arm’s length), for sub-paragraph...
In paragraph 12 (continuity of treatment: groups etc.), in sub-paragraph...
In paragraph 13 (loan relationships for unallowable purposes), in the...
(1) Paragraph 14 (debits and credits treated as relating to...
In paragraph 16 (amounts imputed under Schedule 28AA to the...
(1) Paragraph 19 (partnerships involving companies) is amended as follows....
After paragraph 19 insert— Adjustment on change of accounting policy...
Schedule 10 to the Finance Act 1996 (c. 8) (loan...
For paragraph 1A (investment trusts and venture capital trusts: capital...
(1) Paragraph 2A (authorised unit trusts) is amended as follows....
In section 87 of that Act (accounting method where parties...
(1) Paragraph 2B (open-ended investment companies) is amended as follows....
(1) Paragraph 4 (company holdings in unit trusts and offshore...
In Schedule 11 to the Finance Act 1996 (c. 8)...
In section 440 of the Taxes Act 1988 (insurance companies:...
In section 730A of that Act (treatment of price differential...
In Schedule 28A of that Act (change in ownership of...
In paragraph 7(3) of Schedule 26 to the Transport Act...
(1) In Schedule 26 to the Finance Act 2002 (c....
(1) Paragraph 16 of that Schedule (exchange gains and losses...
In the heading to Part 4 of that Schedule for...
In section 88 of that Act (exemption from section 87...
For paragraphs 17 to 20 of that Schedule (authorised accounting...
In paragraph 21 (basis of accounting for contracts falling within...
In the heading to Part 5 of that Schedule (special...
(1) Paragraph 22 of that Schedule (bad debts etc.) is...
In paragraph 22A of that Schedule (deemed assignment of derivative...
In paragraph 23 of that Schedule (derivative contracts for unallowable...
(1) Paragraph 25 of that Schedule (debits and credits treated...
In paragraph 30 of that Schedule (transactions within groups: authorised...
In paragraph 31A of that Schedule (amounts imputed under Schedule...
(1) Paragraph 32 of that Schedule (authorised unit trusts: capital...
(1) Section 88A of that Act (accounting method where rate...
(1) Paragraph 33 of that Schedule (open-ended investment companies: capital...
In paragraph 34 of that Schedule (power to amend paragraphs...
In paragraph 36 of that Schedule (contracts relating to holdings...
For paragraph 38 of that Schedule (investment trusts and venture...
In paragraph 48 of that Schedule (election to treat contract...
In paragraph 49(4) of that Schedule (partnerships involving companies: provisions...
For paragraph 50 of that Schedule (partnerships involving companies: application...
After that paragraph insert— Adjustment on company changing to international...
Omit paragraph 52 of that Schedule (meaning of “statutory accounts”)....
In paragraph 54 (1) of that Schedule (interpretation)—
Omit section 90 of that Act (changes of accounting method)....
In section 440 of the Taxes Act 1988 (insurance companies:...
In Part 10 of Schedule 29 to the Finance Act...
In Part 13 of that Schedule (supplementary provisions), after paragraph...
(1) In Part 15 of that Schedule (interpretation) paragraph 134(a)...
In paragraph 15(4) of that Schedule (credits on revaluation of...
In paragraph 20 (1) of that Schedule (realisation of asset...
In paragraph 27 (1) of that Schedule (calculation of tax...
For sections 92 to 94AB of the Finance Act 1993...
(1) Section 730BB of the Taxes Act 1988 (exchange gains...
Where a company carries forward to its first period of...
After that section insert— Change of accounting basis applicable to...
(1) Omit section 92 of that Act (convertible securities etc....
(1) In the case of an application for an individual...
(1) The company must either— (a) satisfy the Inland Revenue,...
(1) The company must, subject to sub-paragraphs (2) and (3),...
(1) The conditions in paragraph 12 (compliance test: companies) do...
(1) The Treasury may by order made by statutory instrument...
In this Schedule “the qualifying period” means the period of...
(1) For any part of the qualifying period falling on...
Any power under this Schedule to make regulations prescribing the...
Regulations under paragraph 3(1), 7 (1) or 11 (1) prescribing...
The applicant must satisfy the Inland Revenue, by such evidence...
(1) The applicant must satisfy the Inland Revenue, by such...
(1) The applicant must, subject to sub-paragraphs (3) and (4),...
The applicant must satisfy the Inland Revenue, by such evidence...
(1) The partners must satisfy the Inland Revenue, by such...
(1) Subject to sub-paragraphs (2) and (3), each of the...
(1) The conditions in paragraph 8 (the compliance test: firms)...
In the case of an application for a company to...
Construction industry scheme: consequential amendments
(1) Section 12B of the Taxes Management Act 1970 (c....
(1) Section 582A of the Taxes Act 1988 is amended...
(1) Section 829 of the Taxes Act 1988 is amended...
(1) Section 130 of the Finance Act 1988 (c. 39)...
(1) Schedule 1 to the Social Security Contributions and Benefits...
(1) Schedule 1 to the Social Security Contributions and Benefits...
(1) Section 56 of the Finance Act 1998 (c. 36)...
(1) Schedule 18 to the Finance Act 1998 is amended...
(1) Section 54 of the Income Tax (Earnings and Pensions)...
(1) Section 59D of the Taxes Management Act 1970 is...
(1) Section 59DA of the Taxes Management Act 1970 is...
(1) Section 62 of the Taxes Management Act 1970 is...
(1) Section 63 of the Taxes Management Act 1970 (c....
(1) Section 64 of the Taxes Management Act 1970 is...
(1) Section 98 of the Taxes Management Act 1970 is...
(1) Section 98A of the Taxes Management Act 1970 is...
(1) The Taxes Act 1988 is amended as follows.
Childcare and childcare vouchers
In Chapter 11 of Part 4 of the Income Tax...
(1) Chapter 4 of Part 3 of the Income Tax...
In Chapter 6 of Part 4 of the Income Tax...
The Income Tax (Earnings and Pensions) Act 2003 (c. 1)...
(1) Section 114 (cars, vans and related benefits) is amended...
In section 116(2) (when car is first made available and...
In section 119 (where alternative to benefit of car offered),...
For sections 155 to 166 substitute— Cash equivalent of the...
After section 169 insert— Van available to more than one...
(1) Section 170 (orders etc.) is amended as follows.
In section 237 (exemption from Chapter 10 of Part 3...
Charge to income tax on benefits received by former owner of property
In this Schedule— “IHTA 1984” means the Inheritance Tax Act...
(1) For the purposes of paragraphs 3(2) and 6(2) (the...
(1) Paragraph 3 (land), paragraph 6 (chattels) and paragraph 8...
(1) This Schedule does not apply in relation to any...
(1) This paragraph applies where, in relation to any person...
Regulations may confer further exemptions from the charges to income...
Except as otherwise provided by this Schedule, the value of...
Any disposition made by a person (“the chargeable person”) in...
Where a person (“A”) acts as guarantor in respect of...
(1) Where, in any year of assessment, a person (“the...
Where, in any year of assessment, a person is (apart...
(1) For the purposes of this Schedule whether a person...
(1) Regulations under this Schedule may— (a) make different provision...
(1) This paragraph applies where— (a) a person (“the chargeable...
(1) This paragraph applies where— (a) a person (“the chargeable...
(1) In this paragraph— “election” means an election under paragraph...
(1) This paragraph applies where— (a) an individual (“the chargeable...
(1) For any taxable period the chargeable amount in relation...
(1) For the purposes of paragraph 4 the annual value...
(1) This paragraph applies where— (a) an individual (“the chargeable...
(1) For any taxable period the chargeable amount in relation...
(1) This paragraph applies where— (a) the terms of a...
(1) For any taxable period the chargeable amount in relation...
(1) Chapter 2 of Part 7 of the Income Tax...
(1) Chapter 3 of Part 7 of the Income Tax...
(1) Chapter 5 of Part 7 of the Income Tax...
(1) Part 11 of the Income Tax (Earnings and Pensions)...
(1) Schedule 23 of the Finance Act 2003 (c. 14)...
(1) Section 119A of the Taxation of Chargeable Gains Act...
(1) In section 484(7) of the Income Tax (Earnings and...
(1) In Chapter 11 of Part 4 of the Income...
(1) In section 59A(8)(b) of the Taxes Management Act 1970...
(1) In Chapter 1 of Part 6 of the Income...
(1) In Part 4 of the Taxes Management Act 1970...
(1) In section 43 of the Finance Act 1989 (c....
(1) In section 25(2) of the Finance Act 1990 (c....
(1) Section 108 of the Finance Act 1995 (c. 4)...
(1) In Schedule 20 to the Finance Act 2000 (c....
(1) In Schedule 29 to the Finance Act 2002 (c....
(1) The Income Tax (Earnings and Pensions) Act 2003 (c....
Enterprise investment scheme
(1) Section 289 of the Taxes Act 1988 (eligibility for...
Schedule 5B to the Taxation of Chargeable Gains Act 1992...
(1) In paragraph 1(2) (definition of qualifying investment)—
In paragraph 1A (failure of conditions of application)—
(1) In paragraph 10 (re-investment in same company, etc)—
(1) In paragraph 13 (value received by investor) in sub-paragraph...
(1) In paragraph 14 (value received by other persons) in...
(1) In paragraph 14A (certain receipts to be disregarded for...
(1) In paragraph 16 (information)— (a) in sub-paragraph (6), for...
(1) In paragraph 19 (1) (interpretation)— (a) before the definition...
Except where otherwise provided, the amendments made by this Schedule...
In paragraph 1(3) of Schedule 15B to the Taxes Act...
Section 151A(3) of the Taxation of Chargeable Gains Act 1992...
Schedule 5C to that Act (venture capital trusts: deferred charge...
(1) The Taxation of Chargeable Gains Act 1992 is amended...
(1) The amendments made by this Part have effect in...
Schedule 28B to the Taxes Act 1988 (venture capital trusts:...
Schedule 15 to the Finance Act 2000 (c. 17) (the...
In paragraph 35 (requirement as to the shares) in sub-paragraph...
In paragraph 36 (requirement as to money raised)—
In paragraph 40 (entitlement to claim)— (a) in sub-paragraph (2),...
In paragraph 102 (minor definitions etc) after sub-paragraph (7) insert—...
In paragraph 103 (index of defined expressions), after the entry...
The amendments made by this Schedule have effect in relation...
In paragraph 3 (meaning of “the qualification period”)—
In paragraph 15 (introduction) after paragraph (e) insert—
In paragraph 20 (the qualifying subsidiaries requirement) for sub-paragraph (2)...
(1) Paragraph 21 (meaning of “qualifying subsidiary”) is amended as...
After paragraph 21 insert— The property managing subsidiaries requirement (1) The issuing company is not a qualifying issuing company...
In paragraph 23 (the trading activities requirement)—
In paragraph 24 (ceasing to meet trading requirements by reason...
In paragraph 25 (meaning of “qualifying trade”) in sub-paragraph (3)(b),...
(1) Section 98 of the Taxes Management Act 1970 (c....
(1) The amendment in paragraph 1(2) of this Schedule has...
(1) Section 79 of the Taxation of Chargeable Gains Act...
(1) Section 165 of the Taxation of Chargeable Gains Act...
After section 169A of the Taxation of Chargeable Gains Act...
(1) Section 260 of the Taxation of Chargeable Gains Act...
(1) Section 281 of the Taxation of Chargeable Gains Act...
(1) Section 282 of the Taxation of Chargeable Gains Act...
(1) Schedule A1 to the Taxation of Chargeable Gains Act...
(1) Schedule 7 to the Taxation of Chargeable Gains Act...
(1) Section 222 of the Taxation of Chargeable Gains Act...
(1) Section 223 of the Taxation of Chargeable Gains Act...
(1) Section 224 of the Taxation of Chargeable Gains Act...
(1) Section 225 of the Taxation of Chargeable Gains Act...
After section 225 of the Taxation of Chargeable Gains Act...
After section 226 of the Taxation of Chargeable Gains Act...
(1) The amendments in paragraphs 1(2) and 4(4)(a) of this...
(1) This paragraph has effect where section 226A of the...
(1) Sections 228B to 228E of the Capital Allowances Act...
(1) Sub-paragraph (2) applies where— (a) an existing leaseback is...
(1) In this Schedule— “existing leaseback” means a leaseback the...
(1) This paragraph applies if the pre-commencement rentals are greater...
(1) This paragraph applies where— (a) the existing leaseback terminates,...
Section 228C shall not apply where the existing leaseback terminates...
(1) Section 228C applies subject to this paragraph where—
(1) This paragraph applies if— (a) the existing leaseback terminates...
(1) This paragraph applies if the pre-commencement rentals are greater...
(1) This paragraph applies where— (a) the existing leaseback terminates,...
Section 228E shall not apply where the existing leaseback terminates...
Manufactured dividends
(1) In section 231AA of the Taxes Act 1988 (no...
(1) In Schedule 23A to the Taxes Act 1988 (manufactured...
(1) . . . . . . . . ....
Lloyd’s names: conversion to limited liability underwriting
The Finance Act 1993 (c. 34) is amended as follows....
After section 179A insert— Conversion to limited liability underwriting Schedule 20A to this Act (which makes provision for certain...
After Schedule 20 insert— SCHEDULE 20A Lloyd’s underwriters: conversion to...
(1) In paragraph 5(3) of Schedule 27 to the Taxes...
In section 587B of the Taxes Act 1988 (gifts of...
In section 212 of the Taxation of Chargeable Gains Act...
(1) Section 760 of the Taxes Act 1988 (non-qualifying offshore...
(1) In Schedule 27 to the Taxes Act 1988 (distributing...
(1) After section 762 of the Taxes Act 1988 insert—...
(1) In section 763(6) of the Taxes Act 1988 (offshore...
(1) This paragraph applies for the purposes of determining whether...
(1) In paragraph 5(3) of Schedule 27 to the Taxes...
At the beginning of Chapter 5 of Part 17 of...
(1) Section 757 of that Act (disposal of material interests...
In section 758 of that Act (offshore funds operating equalisation...
(1) Section 759 of that Act (material interests in offshore...
(1) Section 760 of that Act (non-qualifying offshore funds) is...
(1) Schedule 27 to that Act (distributing funds: supplementary) is...
In Schedule 28 to that Act (computation of offshore income...
In Part 19 of the Taxes Act 1988 (supplemental provisions),...
In Part 2 of Schedule 1 to the Capital Allowances...
(1) Paragraphs 8 to 10 have effect—
In section 40 of the Income Tax (Earnings and Pensions)...
In section 305 of the Income Tax (Earnings and Pensions)...
For section 385 of the Income Tax (Earnings and Pensions)...
In Part 2 of Schedule 1 to the Income Tax...
Paragraphs 12 to 15 have effect for the year 2004-05...
(1) Schedule 5 to the Income Tax (Earnings and Pensions)...
In section 832 (1) of the Taxes Act 1988 (interpretation...
Subject to the following provisions of this Schedule, paragraphs 1...
(1) Chapter 3 of Part 7 of the Taxes Act...
(1) Schedule 28B to the Taxes Act 1988 (venture capital...
(1) Schedule 15 to the Finance Act 2000 (the corporate...
(1) In Schedule 22 to the Finance Act 2000 (tonnage...
In section 94 of the Capital Allowances Act 2001 (expenditure...
(1) Section 153 of the Capital Allowances Act 2001 (ships...
For the purposes of this Part the ill-health condition is...
(A1) This paragraph applies in relation to drawdown pension years...
(1) This paragraph applies in relation to drawdown pension years...
(1) This paragraph applies if the member has reached the...
(1) For the purposes of this Part the member’s alternatively...
(1) “Alternatively secured pension year” means— (a) the period of...
(1) For the first alternatively secured pension year, the basis...
(1) A “relevant annuity”is an annuity of a description prescribed...
(1) . . . . . . . . ....
“The relevant day” means— (a) . . . . ....
“Relevant contributions” means— (a) relievable pension contributions paid by or...
(1) A declaration is “valid” if it complies with such...
(1) A person who was married to , or a...
(1) . . . . . . . . ....
(1) Paragraphs 16B and 16C apply where—
Paragraphs 16B and 16C do not apply if—
(1) Paragraph 16B does not apply if, at all times...
(1) This paragraph applies for the purposes of paragraph 16AB(4)....
(1) This paragraph applies for the purposes of paragraph 16AB(4)....
(1) In paragraphs 16AC(3) and 16AD(3), U% means the highest...
(1) Where a pension is payable under the pension scheme...
(1) Where a pension is payable under the pension scheme...
(1) For the purposes of this Part an annuity payable...
“Dependants' drawdown pension” means— (a) a dependants' short-term annuity, or...
“The relevant day” means— (a) . . . . ....
“Relevant contributions” means— (a) relievable pension contributions paid by or...
(1) A declaration is “valid” if it complies with such...
“ Dependants' alternatively secured pension ” means dependants' income withdrawal....
(1) . . . . . . . . ....
(1) For the purposes of this Part an annuity payable...
Dependants' income withdrawal” means an amount (other than an annuity)...
(1) For the purposes of this Part a dependant's drawdown...
(1) For the purposes of this Part a dependant's flexi-access...
(1) Sub-paragraph (2) applies if— (a) a dependant's drawdown pension...
(1) Sub-paragraph (2) applies if— (a) a dependant's drawdown pension...
(1) Sub-paragraphs (2) and (3) apply if—
(1) “Drawdown pension year” means— (a) the period of 12...
(A1) This paragraph applies in relation to drawdown pension years...
(1) This paragraph applies in relation to drawdown pension years...
(1) This paragraph applies if the dependant has reached the...
(1) The Treasury may by order amend paragraph 24C(2) so...
(1) For the purposes of this Part a dependant’s alternatively...
(1) “Alternatively secured pension year” means— (a) the period of...
(1) For the first alternatively secured pension year, the basis...
(1) “ Nominee of the member ” means an individual—...
(1) For the purposes of this Part an annuity payable...
“Nominees' drawdown pension” means— (a) a nominees' short-term annuity, or...
(1) For the purposes of this Part an annuity payable...
“Nominees' income withdrawal” means an amount (other than an annuity)...
(1) For the purposes of this Part a nominee's flexi-access...
(1) “ Successor of the member ” means an individual—...
(1) For the purposes of this Part an annuity payable...
“Successors' drawdown pension” means— (a) a successors' short-term annuity, or...
(1) For the purposes of this Part an annuity payable...
“Successors' income withdrawal” means an amount (other than an annuity)...
(1) For the purposes of this Part a successor's flexi-access...
(1) Where this paragraph applies in relation to a pension...
(1) For the purposes of this Part an annuity payable...
“Drawdown pension” means— (a) a short-term annuity, or
“ Alternatively secured pension ” means income withdrawal.
(1) For the purposes of this Part an annuity payable...
Income withdrawal” means an amount (other than an annuity) which...
(1) For the purposes of this Part the member's drawdown...
(1) For the purposes of this Part the member's flexi-access...
(1) Sub-paragraph (2) applies if— (a) a member's drawdown pension...
(1) Sub-paragraph (2) applies if— (a) a member's drawdown pension...
(1) Sub-paragraphs (2) and (3) apply if—
(1) “Drawdown pension year” means— (a) the period of 12...
Registered pension schemes: authorised lump sums—supplementary
(1) For the purposes of this Part a lump sum...
(1) For the purposes of this Part a lump sum...
For the purposes of this Part a lump sum is...
(1) A lump sum is a transitional 2013/14 lump sum...
(1) Expressions used in this Part of this Schedule and...
(1) In this Part of this Schedule, a reference to...
(1) For the purposes of this Part a lump sum...
(1) For the purposes of this Part a lump sum...
(1) For the purposes of this Part a lump sum...
(1) For the purposes of this Part a lump sum...
(1) For the purposes of this Part a lump sum...
(1) For the purposes of this Part a lump sum...
(1) A lump sum death benefit is a charity lump...
(1) For the purposes of this Part a lump sum...
(1) Paragraph 1(1)(c) is to be omitted when deciding whether...
(1) When deciding whether a lump sum to which this...
In paragraph 1 “ the permitted maximum ”, in relation...
(1) A lump sum death benefit is a trivial commutation...
(1) For the purposes of this Part a lump sum...
(1) Expressions used in this Part of this Schedule and...
(1) This paragraph defines “ the applicable amount ” in...
(1) This paragraph defines “ the applicable amount ” in...
(1) This paragraph defines “ the applicable amount ” in...
(1) This paragraph defines “ the applicable amount ” in...
(1) Where the member becomes entitled to income withdrawal, the...
(1) Where this paragraph applies in relation to a pension...
(1) Sub-paragraph (2) applies if— (a) sums or assets held...
(1) For the purposes of this Part a lump sum...
(1) For the purposes of this Part a lump sum...
(1) For the purposes of this Part a lump sum...
(1) For the purposes of this Part a lump sum...
(1) A lump sum is a refund of excess contributions...
(1) For the purposes of this Part a lump sum...
(1) The value of the member’s relevant crystallised pension rights...
(1) The value of the member’s uncrystallised rights on the...
Taxable property held by investment-regulated pension schemes
(1) For the purposes of the taxable property provisions a...
(1) Residential property is not taxable property in relation to...
(1) The Treasury may by order provide that, for the...
(1) For the purposes of the taxable property provisions an...
(1) For the purposes of the taxable property provisions an...
(1) For the purposes of the taxable property provisions a...
(1) A person does not hold an interest in taxable...
(1) For the purposes of the taxable property provisions a...
(1) For the purposes of paragraph 16 a person holds...
(1) For the purposes of paragraph 16 a person holds...
(1) For the purposes of paragraph 16 a pension scheme...
(1) For the purposes of the taxable property provisions a...
(1) A pension scheme does not hold an interest in...
(1) This paragraph applies to a vehicle in which a...
(1) This paragraph applies to a vehicle in which a...
(1) This paragraph applies to a vehicle in which a...
(1) For the purposes of paragraphs 22 and 23 this...
(1) This paragraph contains provisions supplementary to paragraph 24.
(1) This paragraph applies to a vehicle in which a...
Where— (a) an investment-regulated pension scheme holds an interest in...
(1) Subject to paragraph 29, this paragraph applies where—
(1) Where there is an increase in the extent of...
(1) This paragraph applies in the case of an arrangement...
(1) For the purposes of this Part of this Schedule...
(1) This Part of this Schedule has effect for determining—...
(1) This paragraph applies to a case within subsection (1)...
(1) This paragraph applies where— (a) an investment-regulated pension scheme...
(1) This paragraph applies where— (a) an investment-regulated pension scheme...
(1) This paragraph applies where— (a) an investment-regulated pension scheme...
(1) The Treasury may by regulations make provision with respect...
(1) The Treasury may by regulations make provision for an...
(1) This paragraph applies to a case within subsection (2)...
(1) This paragraph applies to a case within subsection (3)...
(1) For the purposes of this Part of this Schedule...
(1) This paragraph applies to a case within subsection (3)...
(1) This paragraph applies for determining— (a) whether the amount...
(1) References in this Schedule to the extent of an...
(1) For the purposes of this Schedule, and except in...
(1) This paragraph applies where an investment-regulated pension scheme is...
(1) This paragraph has effect for determining—
Where sums or assets held for the purposes of an...
For the purposes of the taxable property provisions property is...
(1) Subject as follows, for the purposes of the taxable...
(1) For the purposes of the taxable property provisions a...
(1) The Treasury may by order amend this Part of...
Registered pension schemes: employer loans
(1) A charge is of adequate value if it meets...
(1) This paragraph applies if on any date there is...
If the aggregate amount of the unauthorised payments in relation...
(1) Amount 2 arises if paragraph (b) of section 179...
(1) Amount A arises if paragraph (a) of section 179(2)...
(1) Amount B arises if paragraph (b) of section 179(2)...
(1) Amount C arises if paragraph (c) of section 179(2)...
(1) “Loan repayment date” means the date by which the...
(1) “Loan year” means— (a) the period of 12 months...
“The required amount”, in relation to a period beginning with...
(1) If a loan does not comply with section 179...
If at any time after a loan is made the...
(1) If at any time after a loan is made—...
(1) If at any time after a loan is made—...
(1) If at any time after a loan is made—...
Taxation of benefits under registered pension schemes
Part 9 of ITEPA 2003 (pension income) is amended as...
Omit Chapter 13 (return of surplus additional voluntary contributions under...
After Chapter 15 insert— CHAPTER 15A LUMP SUMS UNDER REGISTERED...
Omit Chapter 16 (lump sums).
In section 644(2) (pensions to which section 580 or 590...
(1) Section 683 of ITEPA 2003 (PAYE income) is amended...
In Part 2 of Schedule 1 to ITEPA 2003 (index...
In section 565 (structure of Part 9), for “Chapters 16...
(1) Section 566(4) (nature of charge to tax on pension...
In section 567(4)(a) (amount charged to tax), for “15” substitute...
In section 568 (person liable to tax), for “15” substitute...
After Chapter 5 insert— Chapter 5A PENSIONS UNDER REGISTERED PENSION...
Omit Chapters 6, 7, 8 and 9 (pensions under approved...
(1) Section 610 (annuities under sponsored superannuation schemes) is amended...
In section 611(3) (annuities in recognition of another’s service), for...
In this Schedule “the relevant pension schemes” means the registered...
(A1) For the purposes of benefit crystallisation event 3 “excepted...
(1) This paragraph applies for the purposes of benefit crystallisation...
(1) This paragraph applies for the purposes of benefit crystallisation...
(1) This paragraph applies for the purposes of benefit crystallisation...
(1) For the purposes of benefit crystallisation event 3 “XP”...
(1) For the purposes of benefit crystallisation event 5 “DP”...
For the purposes of benefit crystallisation event 5B “ remaining...
For the purposes of benefit crystallisation events 5C and 5D...
(1) For the purposes of benefit crystallisation events 5C and...
(1) This paragraph applies where, immediately before the individual reaches...
In determining, for the purposes of benefit crystallisation event 5A,...
For the purposes of benefit crystallisation event 6 a lump...
Benefit crystallisation event 6 does not apply in relation to...
For the purposes of benefit crystallisation event 7 a lump...
(1) This paragraph applies for the purposes of benefit crystallisation...
The only sort of event that constitutes a benefit crystallisation...
(1) This paragraph applies where an amount of overseas transfer...
(1) This paragraph applies for the purposes of benefit crystallisation...
(1) This paragraph applies for the purposes of benefit crystallisation...
(1) This paragraph applies for the purposes of benefit crystallisation...
(1) This paragraph applies where— (a) immediately before the individual...
For the purposes of benefit crystallisation events 2, 3 and...
(1) This paragraph has effect if— (a) the individual becomes...
For the purposes of benefit crystallisation event 2 if—
(1) For the purposes of benefit crystallisation event 2 “P”...
For the purposes of benefit crystallisation event 3, any abatement...
(1) This Schedule applies for the purposes of sections 232...
(1) Benefit crystallisation event 1 occurs in relation to an...
Overseas pension schemes: migrant member relief
(1) An individual who is a relevant migrant member of...
(1) Subsections (2) to (5) of section 196 (relief for...
In ITEPA 2003, after section 308 insert— Exemption of contributions...
(1) For the purposes of this Schedule an individual who...
(1) This paragraph applies where an overseas pension scheme is...
(1) For the purposes of the member payment charges the...
(1) Sections 230 (1) and 234 (1) (cash balance and...
(1) Section 233 (1) (other money purchase arrangements) applies by...
(1) The annual allowance provisions apply by virtue of paragraph...
(1) The provisions of Schedule 36 relating to the enhancement...
(1) The provisions of this Part relating to the lifetime...
(1) This paragraph applies in relation to the amount crystallised...
(1) An individual who is a relieved member of a...
(1) This paragraph applies on the occurrence of a transfer...
Section 217 (persons liable to charge) applies with respect to...
(1) This paragraph applies where sums and assets held for...
(1) The provisions of this Part of this Act relating...
(1) The member payment provisions do not apply in relation...
In this Schedule “double tax arrangements” means arrangements having effect...
(1) The member payment provisions do not apply in relation...
(1) The member payment provisions do not apply in relation...
Sections 205 to 206 (short service refund lump sum charge......
(1) Sub-paragraph (2) applies if— (a) a payment is made...
(1) The provisions of Chapter 15A of Part 9 of...
(1) The amount of any liability to tax imposed on...
(1) The member payment provisions apply with respect to a...
(1) The Commissioners for Her Majesty's Revenue and Customs may...
The Commissioners for Her Majesty’s Revenue and Customs may by...
(1) The provisions of this Part relating to the annual...
The annual allowance provisions apply by virtue of paragraph 8...
(1) This paragraph applies where an individual—
(1) This paragraph applies where an individual—
(1) For the purposes of determining the annual allowance charge...
(1) Sub-paragraph (2) has effect if at any particular time—...
In section 9(1A) of the Taxes Management Act 1970 (tax...
(1) Section 266A (life assurance premiums paid by employer) is...
The Income and Corporation Taxes Act 1988 (c. 1) is...
In section 464(5) (policies and contracts to be disregarded in...
(1) Section 466 (interpretation of Chapter 2 of Part 12)...
In section 613(4) (parliamentary pension funds)— (a) omit “respective” and...
In section 21A(2) (Schedule A: computation of amount chargeable), insert...
In section 824(9) (repayment supplements), after “settlement” insert “, scheme...
The Taxation of Chargeable Gains Act 1992 is amended as...
In section 13(10B)(b) (attribution of gains to members of non-resident...
In section 56(3)(b) (transfers in deposits and debts: exemption for...
For sections 239A and 239B (cessation of approval of retirement...
In section 288 (1) (interpretation), after the definition of “recognised...
(1) Paragraph 2 of Schedule 1 (application of exempt amount...
The Finance Act 1996 is amended as follows.
In section 148 (mis-sold personal pensions), after subsection (6) insert—...
(1) Paragraph 6A of Schedule 19 to the Finance Act...
The Capital Allowances Act 2001 is amended as follows.
In section 4(2A) (expenditure and sums that are not capital...
The Income Tax (Earnings and Pensions) Act 2003 is amended...
In section 23(3) (calculation of “chargeable overseas earnings”), in Step...
In section 54 (1) (calculation of deemed employment payment), in...
In section 56(8) (application of Income Tax Acts in relation...
In section 218(4) (“lower-paid employment”: deductions to be subtracted), for...
In section 315(5) (limited exemption for expenses connected with certain...
In section 129B(2) (stock lending fees), for “sections 592(2), 608(2)(a),...
(1) Section 327 (deductions from earnings: general) is amended as...
In section 381 (deductions from seafarers' earnings: taking account of...
(1) Section 407 (payments and benefits on termination of employment:...
(1) Section 408 (payments and benefits on termination of employment:...
In section 563 (former employees: deductions for liabilities), in the...
(1) Schedule 1 (abbreviations and defined expressions) is amended as...
In section 266 (1) (life assurance premiums), for “sections 274...
(1) Any pension scheme which, immediately before 6th April 2006,...
(1) The value of the individual’s relevant crystallised pension rights...
(1) This paragraph applies where— (a) paragraph 7 applies in...
(1) This paragraph applies where— (a) paragraph 7 applies in...
(1) This paragraph and paragraphs 11C and 11D specify the...
(1) In arriving at the aggregate mentioned in paragraph 11B(2)...
(1) Sub-paragraph (2) applies where any of the lump sum...
(1) This paragraph applies on and after 6th April 2006...
(1) The following provisions of this paragraph specify the modifications...
Relevant benefit accrual occurs in relation to an individual under...
(1) For the purposes of paragraph 13(a) a relevant contribution...
(1) For the purposes of paragraph 13(b) “the relevant crystallised...
(1) This paragraph applies where— (a) a person is paid...
(1) This paragraph specifies the post-commencement earnings limit if the...
(1) This paragraph specifies the post-commencement earnings limit in any...
(1) There is an impermissible transfer into a relevant existing...
(1) This paragraph applies in the case of an individual...
(1) This paragraph applies where a relevant benefit crystallisation event...
(1) Paragraph 1 (1) does not apply to a pension...
(1) This paragraph makes provision about an individual where—
(1) This paragraph applies ... in relation to an individual...
(1) This paragraph applies ... in relation to an individual...
(1) This paragraph contains provision for determining the lump sum...
(1) This paragraph contains provision for determining the lump sum...
(1) This paragraph applies ... in relation to an individual...
(1) This paragraph contains provision for determining the relevant relievable...
(1) This paragraph contains provision for determining the relevant relievable...
(1) This paragraph applies for determining the amount of the...
(1) If paragraph 22 , 23 or 23ZB applies in...
(1) This paragraph applies in relation to a registered pension...
(1) This paragraph applies in relation to a registered pension...
(1) Where— (a) paragraph 19 applies to a benefit crystallisation...
(1) Sub-paragraph (2) applies if— (a) there is a recognised...
Protected pension age: scheme rights existing before 4 November 2021
(1) This paragraph applies in relation to sums or assets...
(1) If the lump sum condition and the registration condition...
(1) The amount of an individual’s total lump sum rights...
(1) This paragraph applies if any of the individual’s uncrystallised...
(1) If (and for so long as) paragraph 12 (enhanced...
(A1) If paragraph 12 (enhanced protection) does not apply in...
(1) If (and for so long as) paragraph 12 (enhanced...
Chapter 15A of Part 9 of ITEPA 2003 (pension income:...
(1) The Board of Inland Revenue may by regulations make...
(1) Any part of a lump sum falling within paragraph...
(1) If the pension condition is met in relation to...
(1) Subject to sub-paragraph (2), the value of the individual’s...
(1) Subject to sub-paragraph (2), the value of the individual’s...
(1) Sub-paragraphs (2) and (3) specify the modifications of the...
(1) Chapter 15A of Part 9 of ITEPA 2003 (pension...
(1) For the tax year 2006-07, Schedule 29 (authorised lump...
(1) This paragraph applies to a member of a registered...
(1) Payments under protected ill-health insurance contracts are not unauthorised...
(1) This paragraph applies in relation to an investment-regulated pension...
(1) Paragraph 37A ceases to apply to an investment-regulated pension...
(1) This paragraph applies where— (a) on 6th April 2006...
(1) This paragraph applies where— (a) sub-paragraph (1) or (2)...
(1) This paragraph applies where— (a) paragraph 37A would otherwise...
(1) This paragraph applies where on or after 6th April...
(1) Where Condition A or B is met in relation...
(1) This paragraph applies where on or after 6th April...
(1) Where Condition A, B or C is met in...
(1) This paragraph applies to a loan if—
The repeal by this Act of section 619(4) of ICTA...
(1) Where under paragraph 1 (1) a pension scheme is...
(1) Relief in respect of contributions made by a member...
To the extent that any contribution paid by an employer...
The power of the Board of Inland Revenue under section...
(1) Chapter 9 of Part 9 of ITEPA 2003 (taxation...
(1) If an amount which accrued but was not paid...
(1) If an amount which was paid but had not...
(1) The charge to tax under Part 9 of ITEPA...
(1) Taxable pension income for the tax year 2006-07 or...
Section 207 (authorised surplus payments charge) does not apply to...
(1) This paragraph applies where, during the period beginning with...
(1) This paragraph applies if notice of intention to rely...
(1) The repeal by this Act of—
The repeal by this Act of sections 605 and 651A...
(1) This paragraph applies where the Board of Inland Revenue...
Section 392 of ITEPA 2003 (non-approved schemes: relief where no...
(1) Paragraph 54 or 55 has effect where—
(1) This paragraph has effect if— (a) all of the...
(1) This paragraph has effect if paragraph 54 does not....
(1) This paragraph applies in relation to a fund or...
(1) The percentage of the assets of the fund or...
(1) Section 151 of the Inheritance Tax Act 1984 (treatment...
Any liabilities or obligations of— (a) the administrator of a...
(1) Sub-paragraph (2) applies, in relation to a relevant benefit...
(1) This paragraph applies in the case of an individual...
(1) The value of the individual’s relevant uncrystallised pension rights...
(1) This paragraph applies if any of the individual’s uncrystallised...
The Oil Taxation Act 1983 (c. 56) is amended in...
The Taxes Act 1988 is amended in accordance with the...
(1) Section 496 (tariff receipts) is amended as follows.
(1) Section 98 of the Finance Act 1999 (c. 16)...
(1) Section 3 (expenditure incurred on long-term assets other than...
After section 3 insert— Exclusion from section 3(4) of expenditure...
(1) Section 4 (expenditure related to exempt gas and deballasting)...
(1) Section 7 (chargeable receipts from disposals) is amended as...
(1) In Schedule 1 (allowable expenditure) in Part 1 (extensions...
(1) In Part 2 of Schedule 1, paragraph 7 is...
(1) In Part 2 of Schedule 1, paragraph 8 is...
(1) In this paragraph— “claim period” has the same meaning...
Schedule to be inserted as Schedule 19B to the Taxes Act 1988
The following is the Schedule to be inserted as Schedule...
Part 4 of the Finance Act 2003 (c. 14) (stamp...
In Schedule 5 (amount of tax chargeable: rent), after paragraph...
(1) Schedule 17A (further provisions relating to leases) (inserted by...
In Schedule 19 (commencement and transitional provisions), in paragraph 3...
(1) Paragraph 4, and paragraphs 7 and 8 so far...
(1) This Part of this Schedule contains amendments to Parts...
(1) Section 44 (contract and conveyance) is amended as follows....
After section 57 (disadvantaged areas relief) insert— Sale and leaseback...
(1) For sections 58 and 59 (relief for certain exchanges...
After section 64 insert— Initial transfer of assets to trustees...
(1) After section 81 (further return where relief withdrawn) insert—...
In section 43 (land transactions)— (a) in paragraph (c) of...
After section 81A (inserted by paragraph 19 above) insert— Declaration...
(1) Section 107 (Crown application) is amended as follows.
(1) For section 120 (meaning of “lease” and other supplementary...
In section 125(5) (abolition of stamp duty except on instruments...
In Schedule 19 (commencement and transitional provisions), after paragraph 4...
(1) In Schedule 19 (commencement and transitional provisions), after paragraph...
This Part of this Schedule applies in relation to any...
In section 44 (contract and conveyance), after subsection (9) insert—...
(1) After section 44 insert— Contract providing for conveyance to...
(1) Section 45 (contract and conveyance: effect of transfer of...
(1) Section 57A (sale and leaseback arrangements) (inserted by the...
In section 79 (registration of land transactions etc), in subsection...
In section 119 (meaning of “effective date” of a transaction),...
(1) Schedule 4 (chargeable consideration) is amended as follows.
The following is the Schedule inserted after Schedule 11 to...
In Schedule 15 to the Finance Act 2003 (c. 14)...
The following amendments are consequential on the amendment made by...
(1) The preceding provisions of this Schedule have effect in...
Repeals
Official guidance
Authoritative sources published by regulators or government explaining this legislation.
- The Audax Pension Trust Determination Notice (opens in a new tab) from TPR Detailed Guidance
- Ploutos Pension Trust and Ganita Wealth Pension Scheme Determination Notice (opens in a new tab) from TPR Detailed Guidance
- London Quantum Retirement Benefit Scheme: Final notice (opens in a new tab) from TPR Detailed Guidance
- The Littlewoods Pensions Trust Limited: Determination notice (opens in a new tab) from TPR Detailed Guidance
- Bale Group Retirement Benefits Scheme: Determination notice (opens in a new tab) from TPR Detailed Guidance
- Modification of subsisting rights (opens in a new tab) from TPR Code of Practice
- Pension schemes under the employer duties (opens in a new tab) from TPR Detailed Guidance
- Register as a CIS subcontractor online (opens in a new tab) Detailed Guidance
- If you cannot pay your tax bill on time (opens in a new tab) from HMRC Detailed Guidance
- Director information hub - Cashflow (opens in a new tab) from Insolvency Service Detailed Guidance
- ... and 31 more
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
16 statutory instruments
These instruments amend, apply, or refer to this Act. They may not all create direct business obligations.
Secondary legislation (16)
- The Income Tax (Construction Industry Scheme) (Amendment) and the Corporation Tax (Security for Payments) Regulations 2019 2019
- The Income Tax (Construction Industry Scheme) (Amendment No. 2) Regulations 2010 2010
- The Income Tax (Construction Industry Scheme) (Amendment) (Northern Ireland) Regulations 2022 2022
- The Income Tax (Construction Industry Scheme) (Amendment of Schedule 11 to the Finance Act 2004) Order 2015 2015
- The Income Tax (Construction Industry Scheme) (Amendment of Schedule 11 to the Finance Act 2004) Order 2016 2016
- The Income Tax (Construction Industry Scheme) (Amendment) Regulations 2007 2007
- The Income Tax (Construction Industry Scheme) (Amendment) Regulations 2008 2008
- The Income Tax (Construction Industry Scheme) (Amendment) Regulations 2009 2009
- The Income Tax (Construction Industry Scheme) (Amendment) Regulations 2010 2010
- The Income Tax (Construction Industry Scheme) (Amendment) Regulations 2012 2012
- The Income Tax (Construction Industry Scheme) (Amendment) Regulations 2013 2013
- The Income Tax (Construction Industry Scheme) (Amendment) Regulations 2015 2015
- The Income Tax (Construction Industry Scheme) (Amendment) Regulations 2016 2016
- The Income Tax (Construction Industry Scheme) (Amendment) Regulations 2021 2021
- The Income Tax (Construction Industry Scheme) (Amendment) Regulations 2024 2024
+ 1 more statutory instruments
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Browse legislation
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Regulators
Learn more about the bodies that enforce this legislation.