Respond to a Self Assessment penalty
- 1 step
UK Act of Parliament
2007
United Kingdom
Finance Act 2007, Schedule 24 (Penalties for errors)
At a glance
Enforced by
What's here
5 compliance obligations, 10 practical guides across 4 topics · 7 journeys
Penalty landscape
1 of 5 obligations carry a criminal penalty. 1 carries different penalties and 3 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 3
- Trader 2
Step-by-step journeys using this legislation
Walkthroughs that take you from a real business situation to compliance.
Fix VAT problems
- 1 step
I've made a CIS mistake - how to fix it
- 5 steps
VAT return deadline checklist
- 1 step
Getting approved to trade: complete pre-trading journey
- 3 steps
Trading without required approvals: what to do now
- 2 steps
Relevant guidance
Practical guides for businesses affected by this Act, ordered by how closely they engage with it.
Direct — cites this Act
1 guidesSupporting — topic alignment
4 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 749 other Acts (top 5 shown)
- Human Medicines Regulations 2012 2012 110 duties
- Licensing Act 2003 2003 105 duties
- Merchant Shipping Act 1995 1995 97 duties
- Road Traffic Act 1988 1988 95 duties
- Air Navigation Order 2016 2016 86 duties
Traders also bound by 219 other Acts (top 5 shown)
- Value Added Tax Regulations 1995 1995 952 duties
- TULRCA 1992 1992 39 duties
- Companies Act 2006 2006 39 duties
- Consumer Contracts (Information, Cancellation and Additional Charges) Regulations 2013 2013 39 duties
- The Customs (Import Duty) (EU Exit) Regulations 2018 2018 33 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.
Schedules
Part 3 of the Criminal Law (Consolidation) (Scotland) Act 1995...
- Fail to comply with production order Any Person
(1) A penalty is payable by a person (P) where—...
Unlimited fine- Provide inaccurate tax information to HMRC Any Person
Browse 499 other Schedules — structural / supplementary
The sections set out below are to be inserted in...
Those sections are— Remote gaming duty Interpretation (1) For the purposes of remote gaming duty “remote gaming”...
In BGDA 1981, before section 26N (non-sterling amounts) (as renumbered...
In section 31 of that Act (protection of officers), after...
In section 32 of that Act (subordinate legislation), after subsection...
In section 33(2) of that Act (no legalising effect), after...
Schedule 6 to FA 2000 (climate change levy) is amended...
In paragraph 147 (interpretation), in the definition of “reduced-rate supply”—...
(1) Paragraph 11 (exemption: supply not for burning in UK)...
(1) Paragraph 101 (civil penalties: incorrect notifications etc) is amended...
(1) Paragraphs 2 to 10 come into force on such...
In paragraph 4(2)(b) (taxable supplies: introduction), after “paragraph 24” insert...
In paragraph 5(3) (supplies of electricity), for “or 24” substitute...
In paragraph 6(2A) (supplies of gas), after “24” insert “...
(1) Paragraph 34 (other commodities: deemed supplies) is amended as...
In paragraph 39(1)(c) (regulations as to time of supply), for...
For paragraph 44 substitute— (1) For the purposes of this Schedule, a taxable supply...
(1) Paragraph 45 (reduced-rate supplies: variation of notices under paragraph...
After that paragraph insert— Reduced-rate supplies: deemed supply (1) This paragraph applies where— (a) a taxable supply has...
ITEPA 2003 is amended as follows.
(1) This paragraph applies for the purpose of calculating for...
In section 7(5) (meaning of “employment income” etc), for paragraph...
In section 48(2) (workers under arrangements made by intermediaries: scope...
After section 61 insert— Chapter 9 Managed service companies Application...
In section 218(1) (exclusion of lower-paid employments from parts of...
After section 688 insert— Managed service companies: recovery from other...
In section 717(4) (orders and regulations not subject to negative...
In Part 2 of Schedule 1 (index of defined expressions),...
In ITTOIA 2005, after section 164 insert— Managed service companies...
(1) In ITA 2007, before section 104 (and the italic...
In— (a) section 104(5) (restriction on reliefs for limited partners),...
In— (a) section 105(11) (meaning of “contribution to the firm”...
Omit section 106 (meaning of “limited partner”).
In section 112 (meaning of “non-active partner” and “early tax...
Omit the italic-cross heading before section 114 (regulations: exclusion of...
In section 115 (restrictions on reliefs for firms exploiting films),...
Omit section 116 (exclusion from restrictions under section 115: certain...
In section 792 (partners claiming excess sideways or capital gains...
In section 809 (individuals in partnership claiming relief for licence-related...
In paragraph 148(3)(b) of Schedule 2 (transitionals and savings: tax...
(1) In ITA 2007, before section 114 insert— Exclusion of...
In Schedule 4 (index of defined expressions)—
The amendments made by paragraphs 5 to 20 are deemed...
(1) ICTA has effect, in relation to any loss made...
ITA 2007 is amended as follows.
In section 32 (liability not dealt with in the calculation),...
In section 82(a) (exploitation of films), for “sections 115 and...
(1) Section 102 (overview of Chapter 3 of Part 4)...
After section 103 insert— Meaning of “limited partner” (1) In this Chapter “limited partner” means an individual who...
After section 103C (as inserted by paragraph 1(1) above) insert—...
(1) ICTA is amended as follows. (2) In section 347A(1)...
(1) In section 171(2) of TCGA 1992 (exceptions to rule...
. . . . . . . . . ....
. . . . . . . . . ....
. . . . . . . . . ....
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(1) Chapter 17 of Part 2 of CAA 2001 (plant...
. . . . . . . . . ....
. . . . . . . . . ....
(1) In section 660C of ICTA, omit subsection (4) (income...
(1) Section 774B of ICTA (disregard of intended effects of...
In section 774D of ICTA (disregard of intended effects of...
In section 774E of ICTA (exceptions), in subsection (7)(a) (meaning...
(1) Section 774G of ICTA (minor definitions etc for purposes...
(1) The amendments made by paragraphs 3 to 5 and...
(1) Section 263E of TCGA 1992 (structured finance arrangements) is...
(1) In paragraph 7A(10) of Schedule 23A to ICTA (manufactured...
. . . . . . . . . ....
(1) Schedule 10 to FA 2006 (sale etc of lessor...
In section 98 of TMA 1970 (special returns etc), in...
After section 431E insert— Meaning of “gross roll-up business” In this Chapter “gross roll-up business” means business of any...
In section 431F (meaning of “basic life assurance and general...
In section 432ZA(7) (linked assets), for “long-term business other than...
(1) Section 432A (apportionment of income and gains) is amended...
(1) Section 432AA (Schedule A business or overseas property business)...
In section 432AB (losses from Schedule A business or overseas...
(1) Section 432B (apportionment of receipts brought into account) is...
For section 432C substitute— Section 432B apportionment: non-participating funds (1) This section specifies the extent to which the net...
Omit section 432D (section 432B apportionment: value of non-participating funds)....
(1) Section 432E (section 432B apportionment: participating funds) is amended...
ICTA is amended as follows.
In section 432F(2) (section 432B apportionment: supplementary provisions)—
For section 432G substitute— Section 432B apportionment: business transfers-in (1) There is referable to the life assurance business of...
(1) Section 434 (franked investment income etc) is amended as...
(1) Section 434A (computation of losses and limitation on relief)...
Omit section 436 (pension business: separate charge on profits).
Before section 437 insert— Gross roll-up business: separate charge on...
(1) Section 438 (pension business: exemption from tax) is amended...
Omit section 438B (income or gains arising from property investment...
Omit section 438C (determination of policy holders' share for purposes...
Omit section 439 (restricted government securities).
(1) Section 76 (expenses of insurance companies) is amended as...
Omit section 439B (life reinsurance business: separate charge on profits)....
(1) Section 440 (transfers of assets etc) is amended as...
In section 440A(2) (securities)— (a) in paragraph (a), for sub-paragraphs...
In section 440B(4) (modifications where tax charged under Case I...
Omit section 441 (overseas life assurance business).
In section 444A(3) (transfers of business)— (a) for “436(3)(c) or...
(1) Section 444AC (transfers of business: excess of assets or...
(1) Section 444AF (demutualisation surplus: life assurance business) is amended...
(1) Section 444AK (mutual surplus: Case VI categories of life...
Omit sections 458 and 458A (capital redemption business).
Omit section 333B (involvement of insurance companies with plans and...
In section 460(2) (registered friendly societies: exemption from tax in...
In section 461 (registered friendly societies: other business), omit subsection...
In section 461B (incorporated friendly societies), omit subsection (2A).
(1) Section 466 (interpretation of Chapter 2 of Part 12)...
In section 502H(2)(a)(ii) and (4)(b) (insurance company as lessor), for...
In section 539(3) (life policies, life annuities and capital redemption...
(1) Section 553B (overseas life assurance business: capital redemption policies)...
(1) Section 755A (treatment of chargeable profits and creditable tax...
In section 804A(1) (life assurance companies with overseas branches etc:...
(1) Section 804B (insurance companies carrying on more than one...
In section 403E (relief for overseas losses of UK resident...
In section 804C(14) (insurance companies: allocation of expenses etc in...
(1) Section 804D (interpretation of section 804C in relation to...
In section 804E (interpretation of section 804C in relation to...
In section 806L(5) (carry forward or carry back of unrelieved...
In section 808 (restriction on deduction of interest or dividends...
Omit Schedule 19AA (overseas life assurance fund).
. . . . . . . . . ....
FA 1989 is amended as follows.
In section 88(3A) (corporation tax: policy holders' fraction of profits),...
In section 89(1A) (policy holders' share of profits), for paragraph...
(1) Section 431 (interpretative provisions relating to insurance companies) is...
TCGA 1992 is amended as follows.
In section 204(10) (policies of insurance and non-deferred annuities)—
In section 210B— (a) omit paragraph (b) of subsection (6)...
In section 212(2) (annual deemed disposal of holdings of certain...
In section 213(1A) (spreading of gains and losses under section...
FA 1996 is amended as follows.
In paragraph 12(3) of Schedule 9 (loan relationships: special computational...
(1) Schedule 11 (loan relationships: special provisions for insurers) is...
CAA 2001 is amended as follows.
(1) Section 255 (apportionment of allowances and charges) is amended...
In section 431A(3)(a) (power to amend), omit “and Schedule 19AA”....
(1) Section 256 (different giving effect rules for different categories...
(1) Section 545 (investment assets) is amended as follows.
In paragraph 20 of Schedule 22 to FA 2001 (remediation...
FA 2002 is amended as follows.
(1) Schedule 12 (tax relief for expenditure on research and...
(1) Schedule 26 (derivative contracts) is amended as follows.
ITTOIA 2005 is amended as follows.
In section 473(2) (policies and contracts to which Chapter 9...
In section 476(3) (special rules: foreign policies), in the definition...
In Schedule 2 (transitionals and savings etc), in paragraph 118(2),...
After section 431B insert— Meaning of “child trust fund business”...
(1) A loss incurred by an insurance company in a...
(1) An unused pension business loss of an insurance company...
(1) An unused non-pension business loss of an insurance company...
(1) In paragraph 82 “unused non-pension business loss”, in relation...
Where there is a subsection (2) excess (within the meaning...
(1) This paragraph applies where a loss ... is treated...
(1) This paragraph applies where section 444AZB of ICTA has...
(1) Section 431D (meaning of “overseas life assurance business”) is...
ICTA is amended as follows.
In section 755A(2) and (6)(a) (controlled foreign companies: apportionments to...
FA 1989 is amended as follows.
In section 83(6)(c) (receipts to be taken into account), for...
In subsection (1) of section 85 (charge of certain receipts...
After that section insert— Excess adjusted Case I profits (1) Where for any accounting period an insurance company is...
(1) Section 88 (policy holders' fraction of profits) is amended...
(1) Section 89 (policy holders' share of profits) is amended...
In paragraph 16(1) of Schedule 7 to FA 1991 (transitional...
In section 212 of TCGA 1992 (annual deemed disposal of...
In F(No.2)A 1992, omit section 65 (life assurance business: I...
(1) Section 76 (expenses of insurance companies) is amended as...
In paragraph 4 of Schedule 11 to FA 1996 (loan...
In paragraph 84 of Schedule 18 to FA 1998 (company...
CAA 2001 is amended as follows.
In section 256(1) (different giving effect rules for different categories...
In section 257(2) (life assurance: supplementary), for paragraphs (a) and...
FA 2002 is amended as follows.
In paragraph 13(1) of Schedule 12 (tax relief on R&D:...
In Schedule 29 (gains and losses of a company from...
Step 7 in subsection (7) of section 76 of ICTA...
(1) This paragraph applies where— (a) the profits of the...
In section 431(2) (interpretative provisions relating to insurance companies), insert...
For section 432 (and the italic cross-heading before it) substitute—...
In section 432A(7)(c)(ii) (apportionment of income and gains), for “85(2C)(c)”...
In section 437(1A) (annuities), for “, otherwise than in accordance...
Omit section 439A (taxation of pure reinsurance business).
(1) Section 440B (modifications where tax charged under Case I...
After that section insert— Modifications for change of tax basis...
(1) In section 431(2) of ICTA (interpretative provisions for purposes...
(1) Section 83 of FA 1989 (receipts to be taken...
(1) FA 1989 is amended as follows.
. . . . . . . . . ....
(1) Paragraph 16 of Schedule 7 to FA 1991 (transitional...
(1) TCGA 1992 is amended as follows.
In paragraph 57 of Schedule 8 to FA 1995 (application...
(1) The Treasury may by order make provision in relation...
(1) The amendments made by paragraphs 1 to 3 and...
(1) Section 444A of ICTA (transfers of business: expenses, losses...
(1) In ICTA , for section 444AA substitute— Transfers of...
(1) In ICTA, for sections 444AB and 444ABA substitute— Transfer...
In ICTA, after section 444ABC (inserted by paragraph 4) insert—...
(1) In ICTA, for section 444AC substitute— Transfer schemes transferring...
(1) In ICTA, omit section 444AD (transfers of business: modification...
(1) In ICTA, before section 444AF (and the italic cross-heading...
In FA 1989, omit section 82C (relevant financial reinsurance contracts)....
In section 83ZA(4) of FA 1989 (contingent loans), for “the...
(1) In section 431(2) of ICTA (interpretative provisions relating to...
(1) Section 431 of ICTA (interpretative provisions relating to insurance...
(1) Section 431A (power to amend) is amended as follows....
In section 83A(1) of FA 1989 (“brought into account”)—
(1) Omit the following provisions. (2) In ICTA—
(1) In section 432ZA(5) of ICTA (linked assets), for “432F”...
(1) Omit the following provisions (which are obsolete or of...
(1) The amendment made by paragraph 1 has effect on...
(1) In FA 1989, after section 83 insert— Structural assets...
In TCGA 1992, after section 210B insert— Losses on disposal...
. . . . . . . . . ....
(1) TCGA 1992 is amended as follows.
(1) Chapter 2 of Part 4 of FA 1996 (loan...
The repeals made by Schedule 3 to ITA 2007 in...
(1) In section 431(2) of ICTA (interpretative provisions relating to...
(1) In section 431(2) of ICTA (interpretative provisions relating to...
(1) This paragraph applies if a general insurer makes any...
(1) This paragraph applies if an officer of Revenue and...
(1) In paragraph 1 “general insurer” means—
In FA 2000, omit section 107 (general insurance reserves).
(1) Paragraphs 1 to 3 have effect in relation to...
(1) Section 460 of ICTA (exemption from tax in respect...
(1) Section 464 of ICTA (maximum benefits payable to members)...
In section 466(2) of ICTA, in the definition of “tax...
(1) Section 461 of ICTA (exemption of registered friendly societies...
(1) Section 461B of ICTA (exemption of incorporated friendly societies...
(1) The amendment made by sub-paragraph (2) of paragraph 1,...
(1) The purpose of this Schedule is to secure that...
(1) This paragraph applies if a company (“ the lender...
(1) This paragraph applies if— (a) a company (“the lender”)...
(1) This paragraph applies if— (a) under an arrangement a...
. . . . . . . . . ....
(1) In this Schedule— “arrangement” includes any agreement or understanding...
(1) The Treasury may by regulations provide for all or...
(1) For the purposes of this Schedule a company (“...
(1) For the purposes of this Schedule a company (“...
(1) This paragraph applies if a company (“ the borrower...
(1) This paragraph applies if a company (“ the borrower...
(1) This paragraph applies if— (a) a company (“the borrower”)...
(1) For the purposes of this Schedule a company (“...
(1) For the purposes of this Schedule a company (“...
(1) This paragraph applies if a company (“ the lender...
ICTA is amended as follows.
. . . . . . . . . ....
TCGA 1992 is amended as follows.
(1) Section 263A (agreements for sale and repurchase of securities)...
(1) For paragraph 12 of Schedule 7AC substitute— (1) This paragraph applies where— (a) a company (“the borrower”)...
Chapter 2 of Part 4 of FA 1996 (loan relationships)...
In section 91C(3) (shares treated as loan relationships: condition 1...
(1) Section 97 (manufactured interest) is amended as follows.
In section 100 (money debts etc not arising from the...
For paragraph 15 of Schedule 9 (and the italic cross-heading...
In section 229(1)(ca) of FA 1994 (Lloyd's corporate members: regulations),...
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In section 139 of FA 2006 (Real Estate Investment Trusts:...
ITA 2007 is amended as follows.
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In section 886(2) (interest paid by recognised clearing houses etc),...
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Omit sections 730A and 730B (treatment of price differential on...
Omit section 730BB (exchange gains and losses on sale and...
. . . . . . . . . ....
Omit sections 737A to 737C (sale and repurchase of securities:...
Omit section 737E (power to modify sections 730A, 730BB and...
. . . . . . . . . ....
(1) Section 747 of ICTA (imputation of chargeable profits and...
(1) The amendments made by this Schedule have effect in...
In section 749 of ICTA (residence), insert at the end—...
In section 749A of ICTA (elections and designations under section...
In section 750(3) of ICTA (territories with a lower level...
In ICTA, after section 751 insert— Reduction in chargeable profits...
In section 756 of ICTA (interpretation and construction of Chapter...
(1) Part 2 of Schedule 25 to ICTA (supplementary provision...
(1) In section 748(1) of ICTA (cases where apportionment under...
In paragraph 44(3) of Schedule 18 to FA 1998 (discovery...
(1) Part 3 of Schedule 15 to FA 2000 (requirements...
In paragraph 86(2) (substitution of new shares for old shares),...
(1) In section 297 of ICTA (qualifying trades)—
(1) Section 306 of ITA 2007 (qualifying holdings) is amended...
This Part of this Schedule is deemed to have come...
(1) This paragraph applies if— (a) shares in or securities...
(1) Schedule 15 to FA 2000 is amended as follows....
(1) In Chapter 3 of Part 7 of ICTA—
In section 301 of ITA 2007, after subsection (1) insert—...
This Part of this Schedule is deemed to have come...
(1) In Part 5 of ITA 2007 (enterprise investment scheme),...
(1) Chapter 4 of Part 5 of ITA 2007 (the...
(1) Chapter 3 of Part 6 of ITA 2007 (VCT...
(1) In section 284 of ITA 2007 (power to make...
(1) Part 6 of ITA 2007 is amended as follows....
(1) Schedule 15 to FA 2000 is amended as follows....
(1) Part 5 of ITA 2007 is amended as follows....
(1) Chapter 4 of Part 6 of ITA 2007 (qualifying...
(1) Schedule 5B to TCGA 1992 is amended as follows....
(1) This paragraph applies for the purposes of—
(1) Paragraph 29 of Schedule 15 to FA 2000 is...
Part 4 of FA 2006 (REITs) is amended as follows....
In section 123(a) (attribution of distributions), for “Condition 4” substitute...
After section 126 (movement of assets into ring fence) insert—...
In section 127 (interpretation), for “126” substitute “ 126A ”....
In section 133 (early exit), insert at the end—
In section 138 (joint ventures), after subsection (3) insert—
In paragraph 3 of Schedule 16 (excluded income: owner-occupied property),...
(1) Schedule 17 (modifications for groups) is amended as follows....
In section 505(1) of ICTA (charities: exemptions), after paragraph (a)...
In section 531 of ITA 2007 (charities: exemptions)—
In section 106 (conditions for company)— (a) in subsection (1),...
In section 107 (conditions for tax-exempt business)—
In section 108(2) (profit condition), for paragraph (b) substitute—
In section 109 (notice), after subsection (2) insert—
In section 115 (profit: financing cost ratio)—
In section 116 (minor or inadvertent breach)—
In section 117 (cancellation of tax advantage), insert at the...
In section 120 (calculation of profits)— (a) in paragraph (a)...
Part 4 of FA 2004 (pension schemes etc) is amended...
In section 188(3) (relief for members' contributions: contributions which are...
After section 195 insert— Life assurance premium contributions (1) Contributions paid by or on behalf of an individual...
(1) In relation to contributions under any pension scheme that...
(1) This paragraph specifies when a policy of insurance is...
(1) In relation to contributions under any occupational pension scheme,...
(1) This paragraph specifies when a policy of insurance is...
(1) The Commissioners for Her Majesty's Revenue and Customs may...
Part 4 of FA 2004 (pension schemes etc) is amended...
In paragraph 17A of Schedule 36 (“enhanced protection”)—
. . . . . . . . . ....
(1) Section 172B (increase in rights of connected person on...
. . . . . . . . . ....
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. . . . . . . . . ....
(1) Paragraph 18 of Schedule 29 (charity lump sum death...
In section 268(6) (unauthorised payments surcharge and scheme chargeable payments),...
(1) Schedule 34 (non-UK schemes application of certain charges) is...
IHTA 1984 is amended as follows.
(1) In section 165(1) (pension rules) is amended as follows....
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. . . . . . . . . ....
In Schedule 2 (provisions applying on reduction of tax), omit...
(1) Section 636A of ITEPA 2003 (exemption for certain lump...
(1) The amendments made by paragraphs 2(2) and 3 have...
In paragraph 12 of Schedule 28 (pension rules: alternatively secured...
. . . . . . . . . ....
In section 168(1) (lump sum death benefit rule), omit paragraph...
Omit section 172B(5)(a) (reduction for transfer lump sum death benefit)....
In section 188(5) (amounts not to be treated as contributions),...
In section 280(2) (index), omit the entry relating to transfer...
In Schedule 29, omit paragraph 19 (transfer lump sum death...
Part 4 of FA 2004 (pension schemes etc) is amended...
In section 219(7) (multiple benefit crystallisation events occurring by reason...
(1) Schedule 29 (authorised lump sums) is amended as follows....
(1) Paragraph 10 of Schedule 29 (winding-up lump sums) is...
. . . . . . . . . ....
(1) Schedule 29A (taxable property held by investment-regulated pension schemes)...
In paragraph 11D of Schedule 36 (lump sum death benefits...
Schedule 36 (transitional provision) is amended as follows.
(1) Paragraph 12 (when enhanced protection ceases) is amended as...
In paragraph 14 (relevant contributions), after sub-paragraph (3) insert—
(1) Paragraph 15 (relevant benefit accrual) is amended as follows....
(1) Section 154 (persons by whom registered pension scheme may...
In section 58 of IHTA 1984 (settlements: “relevant property”), after...
In section 393B of ITEPA 2003 (employer-financed retirement benefits schemes:...
(1) In section 167(2) of FA 2004 (meaning of “pension...
(1) In section 1(1) of the Pension Schemes Act 1993...
(1) The amendments made by paragraphs 2 to 4 and...
Omit section 155 (persons by whom scheme may be established:...
In section 273 (members liable as scheme administrator)—
In section 160 (unauthorised payments), after subsection (4) insert—
(1) Section 172A (surrender) is amended as follows.
(1) Schedule 28 (pension rules) is amended as follows.
(1) Schedule 28 (pension rules) is amended as follows.
In section 166(2)(a) (when person becomes entitled to pension commencement...
(1) Section 80A of FA 1986 (exemption from stamp duty:...
(1) Section 80B of FA 1986 (exemption from stamp duty...
(1) Section 88A of FA 1986 (exemption from SDRT: sales...
(1) Section 88B of FA 1986 (exemption from SDRT on...
(1) Section 80C of FA 1986 (exemption from stamp duty:...
(1) Section 89AA of FA 1986 (exemption from SDRT: repurchases...
(1) In section 116 of FA 1991 (stamp duty: investment...
(1) In F(No.2)A 2005, omit section 50 (power to extend...
In section 20D(1) of TMA 1970, for “sections 20A, 20BA...
In Schedule 5 to FA 1996 (landfill tax)—
In Schedule 6 to FA 2000 (climate change levy)—
In FA 2001 (aggregates levy)— (a) paragraph 6 of Schedule...
(1) In the Criminal Justice and Police Act 2001—
Section 36(2) and (3) of the Tax Credits Act 2002...
Section 323(3)(e) and (f) of the Proceeds of Crime Act...
Part 7 of Schedule 13 to FA 2003 (stamp duty...
In CRCA 2005— (a) section 13(3)(b) and (c) (Commissioners' functions...
In section 67 of the Criminal Justice and Police Act...
The provisions listed below are omitted.
In TMA 1970— (a) sections 20C and 20CC (search warrants),...
In CEMA 1979— (a) section 118C(3)(c) (gaming duty), and
In BGDA 1981— (a) paragraph 16 of Schedule 1 (general...
Section 148(4) of FA 1989 (definition of “business” for purposes...
In VATA 1994— (a) section 72(9) (powers of arrest), and...
In Schedule 7 to FA 1994 (insurance premium tax)—
After that subsection insert— (1A) The inclusion of officers of...
The Criminal Justice and Police Act 2001 is amended as...
In section 63(2) (powers to obtain hard copies etc of...
In Schedule 1— (a) in Part 1, after paragraph 59...
(1) The amendments made by this Schedule come into force...
The heading to that Part becomes “ Investigation of Revenue...
At the beginning of that Part insert— Investigation of offences...
In section 24 (detention and questioning by customs officers)—
In section 25(1) (right to have someone informed of the...
In section 26 (detention in connection with drug smuggling offences),...
After that section insert— Power of arrest Power of arrest...
Section 307 of the Criminal Procedure (Scotland) Act 1995 (interpretation)...
In subsection (1), in the definition of “officer of law”,...
(1) If a person who would otherwise be liable to...
(1) If a person who would otherwise be liable to...
(1) If they think it right because of special circumstances,...
(1) The final entry in the Table in paragraph 1...
(1) Where a person becomes liable for a penalty under...
(1) HMRC may suspend all or part of a penalty...
(1) A person may appeal against a decision of HMRC...
(1) An appeal under this Part of this Schedule shall...
(1) On an appeal under paragraph 15(1) the ... tribunal...
(1) P is liable under paragraph 1(1)(a) where a document...
(1) Where a penalty under paragraph 1 is payable by...
(1) A penalty is payable by a person (T) where—...
(1) A penalty is payable by a person (P) where—...
(1) This paragraph applies where P is liable to a...
A person is not liable to a penalty under paragraph...
(1) A category 1 territory is a territory designated as...
(1) The Treasury may by regulations make provision for determining...
In paragraphs 1(2) and 5 references to “tax” are to...
(1) A person is not liable to a penalty under...
Paragraphs 23 to 27 apply for the construction of this...
HMRC means Her Majesty's Revenue and Customs.
“Tax”, without more, includes duty.
“UK” means the United Kingdom, including the territorial sea of...
An expression used in relation to income tax has the...
An expression used in relation to corporation tax has the...
An expression used in relation to capital gains tax has...
An expression used in relation to VAT has the same...
In this Schedule— (a) a reference to corporation tax includes...
The following provisions are omitted— (a) sections 95, 95A, 97...
(1) For the purposes of a penalty under paragraph 1,...
In paragraphs 7 and 7B of Schedule 1 to the...
In paragraphs 7 and 7B of Schedule 1 to the...
(1) This paragraph applies where a document of a kind...
(1) In paragraph 3A “ avoidance arrangements ” means, subject...
(1) This paragraph applies where— (a) a document of a...
(1) This paragraph sets out the penalty payable under paragraph...
(1) An inaccuracy is in category 1 if—
(1) This paragraph makes provision in relation to offshore transfers....
The penalty payable under paragraph 1A is 100% of the...
The penalty payable under paragraph 2 is 30% of the...
Paragraphs 5 to 8 define “potential lost revenue”.
(1) “The potential lost revenue” in respect of an inaccuracy...
(1) Where P is liable to a penalty under paragraph...
(1) Where an inaccuracy has the result that a loss...
(1) Where an inaccuracy resulted in an amount of tax...
(A1) Paragraph 10 provides for reductions in penalties—
. . . . . . . . . ....
In section 33(1) (interpretation of Act), for the definition of...
(1) Schedule 1 (enforcement) is amended as follows.
(1) Schedule 3 (exemptions from bingo duty) is amended as...
Chapter 2 of Part 1 of FA 1993 (lottery duty)...
In section 24(4) (lotteries in respect of which lottery duty...
In section 37 (disclosure of information to or by the...
FA 1997 is amended as follows.
(1) Section 10 (charge to gaming duty) is amended as...
(1) Section 11 (rate of gaming duty) is amended as...
In section 15(3) (definitions for purposes of the gaming duty...
In section 530(2) of ITA 2007 (charitable trusts: exemption for...
(1) Schedule 1 (gaming duty: administration, enforcement etc) is amended...
In Schedule 3 to FA 1966 (provision relating to Schedule...
In section 1(1) of CEMA 1979 (interpretation), in paragraph (a)(ic)...
(1) Paragraphs 3, 4, 6, 7(1) and (5), 11(1) and...
BGDA 1981 is amended as follows.
(1) Section 3 (bookmakers: spread bets) is amended as follows....
In section 5B(3)(a) (liability to pay general betting duty), for...
In section 5C(5) (bet-brokers: cases where section 5C does not...
(1) Section 12(4) (definitions for purposes of Part 1) is...
In section 20A(1) (meaning of “combined bingo”), omit paragraph (a)...
(1) Section 20C(2) (definitions for purposes of Part 2) is...
For section 1005 of ITA 2007 substitute— Meaning of “recognised...
(1) ITEPA 2003 (persons to whom section 421J applies) is...
(1) ITTOIA 2005 is amended as follows.
(1) ITA 2007 is amended as follows.
For section 841 of ICTA substitute— Meaning of “recognised stock...
In section 288 of TCGA 1992 (interpretation), after subsection (5)...
(1) In section 272 of TCGA 1992 (valuation: general), for...
(1) In ITTOIA 2005, for sections 450 and 451 substitute—...
In section 90(8) of FA 1986 (exceptions to the charge...
(1) ICTA is amended as follows. (2) . . ....
(1) TCGA 1992 is amended as follows.
In paragraph 4(2C)(b) of Schedule 26 to FA 2002 (derivative...
Remote gaming duty
- Pay remote gaming duty to HMRC Trader
Rates of air passenger duty
- Pay air passenger duty on every ticket sold Trader
Emissions trading: charges for allocations
- Pay for greenhouse gas emission allowances Any Person
Limitation period in old actions for mistake of law relating to direct tax
Amended 1 timeDisclosure of tax avoidance schemes
Amended 1 timeMergers Directive: regulations
Amended 1 timeInterpretation
Amended 1 timeBrowse 108 other sections — procedural / definitional / commencement
Charge and rates for 2007-08
Charge and main rates for financial year 2008
Small companies' rates and fractions for financial year 2007
Rates and rate bands for 2010-11
Rates of duty on alcoholic liquor
Rates of tobacco products duty
Rates of gaming duty
Amusement machine licence duty
Fuel duty rates and rebates
Rates of vehicle excise duty
Rates of climate change levy
Rate of aggregates levy
Rates of landfill tax
Corporation tax deduction for expenditure on energy-saving items
Extension of income tax deduction for expenditure on energy-saving items
s.19
Income tax exemption for domestic microgeneration
Renewables obligation certificates for domestic microgeneration
Aggregates levy: exemption for aggregate removed from railways etc
Climate change levy: reduced-rate supplies etc
Landfill tax: bodies concerned with the environment
Managed service companies
Restrictions on trade loss relief for partners
Extension of restrictions on allowable capital losses
Restriction on expenses of management
Life policies etc: effect of rebated or reinvested commission
Avoidance involving financial arrangements
Companies carrying on business of leasing plant or machinery
Restrictions on companies buying losses or gains: tax avoidance schemes
Lloyd's corporate members: restriction of group relief
Employee benefit contributions
Schemes etc designed to increase double taxation relief
Industrial and agricultural buildings allowances
Temporary increase in first-year capital allowances for small enterprises
Insurance companies: gross roll-up business etc
Insurance companies: basis of taxation etc
Insurance companies: transfers etc
Insurance companies: miscellaneous
Technical provisions made by general insurers
Lloyd's: cessation of business by corporate members
Transfers of business by friendly societies to insurance companies etc
Tax exempt business of friendly societies
Purchased life annuities: self-assessment
Sale and repurchase of securities
Controlled foreign companies
Vaccine research relief: amount of deduction for SMEs
Research and development tax relief: definition of
Venture capital schemes etc
Real Estate Investment Trusts
Alternative finance investment bond
Profit share agency
Trust income
Trust gains on contracts for life insurance
Offshore funds
Election out of special film rules for film production companies
Securitisation companies
Gift aid: limits
Enterprise management incentives: excluded activities
Benefits code: whether employment is “lower-paid employment”
Armed forces redundancy schemes
Armed forces: the Operational Allowance
Service charge income
Charge on benefits received by former owner of property: late elections
Unpaid remuneration and employee benefit contributions
Abolition of contributions relief for life assurance premium contributions
Alternatively secured pensions etc
Miscellaneous
Anti-avoidance
Partnerships
Exemptions: intermediaries, repurchases etc
Acquisition relief: disregard of company holding own shares
SDLT: alternative finance arrangements
SDLT: exchanges
SDLT: shared ownership trusts
SDLT: shared ownership lease
Certain transfers of school land
Payment of tax
Self-certificate declarations
Criminal investigations: powers of Revenue and Customs
Northern Ireland criminal investigations
Sections 82 and 83: supplementary
Criminal investigations: Scotland
Search warrants
Cross-border exercise of powers
Personal tax returns
Trustee's tax return
Partnership tax returns
Consequential amendments
Commencement
Mandatory electronic filing of returns
Mandatory electronic payment
Payment by cheque
Enquiry into returns
Penalties for errors
s.98
VAT: non-business use etc of business goods
VAT: transfers of going concerns
IPT: meaning of “premium”
Abolition of
Tax-exempt tariffing receipts
Allowance of unrelievable loss from abandoned field
Amendments connected with Gambling Act 2005
VED: exempt vehicles
Meaning of “recognised stock exchange” etc
Excise duties: small consignment relief
Updating references to Standing Committees
Repeals
Short title
Official guidance
Authoritative sources published by regulators or government explaining this legislation.
- Use the CIS online service (opens in a new tab) Detailed Guidance
- Pay a CIS late filing penalty (opens in a new tab) Detailed Guidance
- Reasonable excuses for tax penalty appeals (opens in a new tab) Detailed Guidance
- Tax appeals (opens in a new tab) Detailed Guidance
- CIS contractor obligations on GOV.UK (opens in a new tab) Detailed Guidance
Enforcement and responsible bodies
The regulators that administer or enforce this legislation.
HM Revenue & Customs
Tax collection, customs duties, national insurance, tax credits, and enforcement of the National Minimum Wage. Regulates all UK businesses for tax compliance …
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Regulators
Learn more about the bodies that enforce this legislation.