UK Act of Parliament 2014 United Kingdom

Finance Act 2014 (Theatre Tax Relief)

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At a glance

Enforced by

HMRC

What's here

50 compliance obligations, 2 practical guides across 2 topics

Penalty landscape

9 of 50 obligations carry an unlimited fine. 7 carry different penalties and 34 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 21
  • Trader 11
  • Director or Officer 3
  • Client 1
  • Responsible Person 1

Plus 13 non-business duties on Crown ministers, regulators, local authorities or tribunals — shown collapsed under each section below.

Relevant guidance

Practical guides for businesses affected by this Act, ordered by how closely they engage with it.

Direct — cites this Act

1 guides

Supporting — topic alignment

1 guides

Other 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)
Traders also bound by 219 other Acts (top 5 shown)
Directors and Officers also bound by 224 other Acts (top 5 shown)
Clients also bound by 30 other Acts (top 5 shown)
Responsible Persons also bound by 56 other Acts (top 5 shown)

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 — Income tax, corporation tax and capital gains tax

Browse 75 other sections in this Part — procedural / definitional / commencement

Part 2 — Excise duties and other taxes

Browse 44 other sections in this Part — procedural / definitional / commencement

Part 3 — General betting duty, pool betting duty and remote gaming duty

s.160

Prizes: freeplay

Amended 4 times
s.162

Liability to pay

  • Pay Remote Gaming Duty on your gambling profits Director or Officer
s.170

Security for payment

Other duties (1) — Crown / regulator
  • HMRC may require security for betting and gaming duty payments Statutory regulator
Browse 52 other sections in this Part — procedural / definitional / commencement
s.159

Play using the results of successful freeplay

Part 4 — Follower notices and accelerated payments

s.206

Content of a follower notice

Other duties (1) — Crown / regulator
  • HMRC must include specific details in a follower notice Statutory regulator
s.214

Appeal against a section 208A penalty

Amended 1 time
s.227

Group relief claims after accelerated payment notices

Amended 12 times
Browse 20 other sections in this Part — procedural / definitional / commencement
s.208

Additional penalty for unreasonable tax appeal

s.211

Assessment of a section 208A penalty

s.225

Effect of notice: surrender of losses ineffective, etc

Part 5 — Promoters of tax avoidance schemes

s.236

Publication where stop notice automatically withdrawn

Other duties (1) — Crown / regulator
  • HMRC must publish details when a stop notice is withdrawn Statutory regulator
s.236

Disclosure to clients and intermediaries

Unlimited fine
  • Notify clients and intermediaries if you are issued a stop notice Any Person
s.236

Notification of interested persons by HMRC

Other duties (1) — Crown / regulator
  • HMRC may notify your clients if you ignore a tax avoidance stop notice Statutory regulator
s.237

Duty to give conduct notice: defeat of promoted arrangements

Amended 14 times
s.237

Duty to give further conduct notice where provisional notice not complied with

Amended 14 times
s.237

When a conduct notice given under section 237A(8) is “provisional”

Amended 14 times
Other duties (1) — Crown / regulator
  • HMRC must notify you when a conduct notice becomes 'full' Statutory regulator
s.237

Judicial ruling upholding asserted tax advantage: effect on conduct notice which is provisional

Amended 14 times
s.241

Defeat notices

Amended 5 times
s.241

Judicial ruling upholding asserted tax advantage: effect on defeat notice

Amended 5 times
s.274

Penalties

Fine up to £3,000
  • Fail to comply with Theatre Tax Relief reporting rules Any Person
s.277

Liability for offences under section 277A committed by a body

2 years imprisonment
  • Be liable for a body’s theatre‑tax‑relief offence Director or Officer
Browse 32 other sections in this Part — procedural / definitional / commencement
s.236

Power to give stop notices

s.236

Effect of stop notices

s.236

Quarterly returns

s.236

Withdrawal of stop notices

s.236

Appeal against decision not to withdraw stop notice

s.236

Suspension of stop notice pending appeal

s.236

Automatic withdrawal of certain stop notices

s.236

Publication

s.239

Conduct notices: transferees

s.244

Monitoring notices: transferees

s.272

Application of Schedule 36 FA 2008 powers

s.277

Offences relating to stop notices

s.281

VAT and other indirect taxes

Part 6 — Other provisions

Browse 14 other sections in this Part — procedural / definitional / commencement

Part 7 — Final provisions

Browse 3 other sections in this Part — procedural / definitional / commencement

Schedules

Browse 39 other Schedules — structural / supplementary
s.sch033a

Promotion structures

s.sch034a

Promoters of tax avoidance schemes: defeated arrangements

Read the full Act on legislation.gov.uk (opens in a new tab)

Official guidance

Authoritative sources published by regulators or government explaining this legislation.

Enforcement and responsible bodies

The regulators that administer or enforce this legislation.

HMRC

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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Browse legislation

Find other UK business legislation with related guidance.

Regulators

Learn more about the bodies that enforce this legislation.