UK Act of Parliament 2008 United Kingdom

Finance Act 2008, Schedule 36

Finance Act 2008, Schedule 36 (Information and inspection powers)

What this means for your business

1 guides
Enforced by
OPSS
Applies to
United Kingdom
On this page
1 practical guide
Read full text on legislation.gov.uk

Practical guidance

Our guides explain how to comply with the requirements above.

Handle an HMRC Self Assessment enquiry

What happens when HMRC opens an enquiry into your Self Assessment return, what triggers one, your rights, how to respond, …

Sections and provisions

220 classified provisions from this legislation.

2 Duties 3 Offences and penalties 19 Powers 9 Definitions 14 Exemptions

Duties 2

  • s.99 Abolition of fixed stamp duty on certain instruments
  • s.152 Aviation duty

Offences and penalties 3

  • s.145 Offence of using or keeping unlicensed vehicle
  • Schedule 5 Fuel duty: biodiesel and bioblend
  • Schedule 41 Penalties: failure to notify and certain VAT and excise wrongdoing

Powers 19

  • s.21 Carbon reduction trading scheme: charges for allocations
  • s.39 Dormant assets
  • s.88 Power to make consequential and transitional provision
  • s.113 Information and inspection powers
  • s.115 Record-keeping
  • s.116 Disclosure of tax avoidance schemes
  • s.118 Time limits for assessments, claims etc
  • s.122 Penalties for errors
  • s.123 Penalties for failure to notify etc
  • s.124 HMRC decisions etc: reviews and appeals
  • s.127 Enforcement by taking control of goods: England and Wales
  • s.129 Consequential provision and commencement
  • s.130 Set-off ...
  • s.135 Interest on unpaid tax in case of disaster etc of national significance
  • s.136 Fee for payment
  • s.156 Alternative finance arrangements: power to vary Chapter 5 of Part 2 of FA 2005
  • s.157 Government borrowing: alternative finance arrangements
  • s.158 Power of Treasury to make payments
  • s.160 Power to give statutory effect to concessions

Definitions 9

  • Schedule 4 Inheritance tax: transfer of nil-rate band etc
  • s.6 Charge and main rates for financial year 2009 ring fence profits
  • Schedule 46 Government borrowing: alternative finance arrangements
  • s.58 UK residents and foreign partnerships
  • s.103 Abandonment expenditure: default by participator met by former participator
  • s.114 Computer records etc
  • s.139 Interpretation of Chapter
  • s.165 Interpretation
  • Schedule 10 Cap on R&D aid

Exemptions 14

  • Schedule 15 Changes in trading stock
  • Schedule 19 Reduction of basic rate of income tax: transitional relief for gift aid charities
  • Schedule 21 Restriction on loss relief for non-active traders
  • s.40G Meaning of “mutual fund”: powers to vary exceptions
  • s.40E Meaning of “mutual fund”: exceptions
  • s.45 Homes outside UK owned through company etc
  • s.46 In-work and return to work credits and payments
  • s.71 Thermal insulation of buildings
  • s.121 Old VAT claims: extended time limits
  • s.128 Summary warrant: Scotland
  • s.133 Set-off etc where right to be paid a sum has been transferred
  • s.140 Charge on termination of interest in possession where new interest acquired
  • Schedule 7 Remittance basis
  • Schedule 36 Information and inspection powers