| Guvnor

Enforced by: HMRC
Status: Amended (in force with amendments)
Penalty ceiling: Imprisonment 3 of 25 obligations carry an unlimited fine. 2 carry different penalties and 20 have no criminal penalty — flagged in the list below.

Does it bind you?

Business-side roles with duties under this instrument.

Any Person8 Trader7 Director or Officer3 Employer1 Client1 Responsible Person1

Plus 4 duties on the regulator, Crown ministers and public bodies — folded into the section list below.

Other Acts binding the same actors

If a role above is yours, these are the other instruments that most often bind it.

Any Person — also bound by 2340 other Acts

Human Medicines Regulations 2012 184 duties

Merchant Shipping Act 1995 144 duties

Insolvency (England and Wales) Rules 2016 104 duties

Communications Act 2003 92 duties

Road Traffic Act 1988 92 duties

Trader — also bound by 825 other Acts

Value Added Tax Regulations 1995 416 duties

Companies Act 2006 243 duties

The Large and Medium-sized Companies and Groups (Accounts and Reports) Regulations 2008 133 duties

Companies Act 1985 85 duties

Insolvency (England and Wales) Rules 2016 62 duties

Director or Officer — also bound by 429 other Acts

Insolvency (England and Wales) Rules 2016 162 duties

Companies Act 2006 126 duties

Insolvency Act 1986 77 duties

The Large and Medium-sized Companies and Groups (Accounts and Reports) Regulations 2008 68 duties

Building Societies Act 1986 32 duties

Employer — also bound by 682 other Acts

The Income Tax (Pay As You Earn) Regulations 2003 241 duties

Provision and Use of Work Equipment Regulations 1998 120 duties

TULRCA 1992 72 duties

Income Tax (Earnings and Pensions) Act 2003 54 duties

Employment Rights (Northern Ireland) Order 1996 (current NI employment law) 53 duties

Client — also bound by 62 other Acts

Construction (Design and Management) Regulations 2015 32 duties

The Building (Higher-Risk Buildings Procedures) (Wales) Regulations 2025 19 duties

Building (Higher-Risk Buildings Procedures) (England) Regulations 2023 17 duties

Building Regulations (Northern Ireland) 2012 14 duties

Building Regulations 2010 12 duties

Responsible Person — also bound by 108 other Acts

MH(CT)(S)A 2003 30 duties

Climate Change Levy (General) Regulations 2001 24 duties

Offshore Installations (Offshore Safety Directive) (Safety Case ) Regulations 2015 21 duties

The Offshore Installations (Prevention of Fire and Explosion, and Emergency Response) Regulations 1995 21 duties

The Offshore Installations (Safety Case) Regulations 2005 19 duties

What it requires

Sections creating concrete business duties or carrying penalties, grouped as the instrument is structured. Titles link to the source text — blue means you’re leaving for legislation.gov.uk.

Part 1

Income tax

1 of 44 sections shown

s.030 EIS and VCTs: election Regulated

Formally elect to opt-out of specific EIS and VCT tax rule changesTrader

43 other sections in this Part — procedural and definitional

s.001 Income tax charge and rates for 2016-17

s.002 Basic rate limit for 2017-18

s.003 Personal allowance for 2017-18

s.004 Savings allowance, and savings nil rate etc

s.005 Rates of tax on dividend income, and abolition of dividend tax credits etc

s.006 Structure of income tax rates

s.007 Taxable benefits: application of Chapters 5 to 7 of Part 3 of ITEPA 2003

s.008 Cars: appropriate percentage for 2019-20 and subsequent tax years

s.009 Cars which cannot emit CO 2 : appropriate percentage for 2017-18 and 2018-19

s.010 Diesel cars: appropriate percentage

s.011 Cash equivalent of benefit of a van

s.012 Tax treatment of payments from sporting testimonials

s.013 Exemption for trivial benefits provided by employers

s.014 Travel expenses of workers providing services through intermediaries

s.015 Taxable benefits: PAYE

s.016 Employee share schemes

s.017 Securities options

s.018 Employment income provided through third parties

s.019 Standard lifetime allowance from 2016-17

s.020 Pensions bridging between retirement and state pension

s.021 Dependants' scheme pensions

s.022 Pension flexibility

s.023 Netherlands Benefit Act for Victims of Persecution 1940-1945

s.024 Fixed-rate deductions for use of home for business purposes

s.025 Averaging profits of farmers etc

s.026 Relief for finance costs related to residential property businesses

s.027 Individual investment plans of deceased investors

s.028 EIS , SEIS and VCTs: exclusion of energy generation

s.029 EIS and VCTs: definition of certain periods

s.031 VCTs: requirements for giving approval

s.032 Income tax relief for irrecoverable peer-to-peer loans

s.033 Transactions in securities: company distributions

s.034 Transactions in securities: procedure for counteraction of advantage

s.035 Distributions in a winding up

s.036 Disguised investment management fees

s.037 Income-based carried interest

s.038 Income-based carried interest: persons coming to the UK

s.039 Deduction of income tax at source

s.040 Deduction of income tax at source: intellectual property

s.041 Deduction of income tax at source: intellectual property - tax avoidance

s.042 Receipts from intellectual property: territorial scope

s.043 Receipts from intellectual property: diverted profits tax

s.044 Tax treatment of supplementary welfare payments: Northern Ireland

Part 2

Corporation tax

0 of 24 sections shown

24 other sections in this Part — procedural and definitional

s.045 Charge for financial year 2017

s.046 Rate of corporation tax for financial year 2020

s.047 Abolition of vaccine research relief

s.048 Cap on R&D aid

s.049 Loan relationships and derivative contracts

s.050 Loans to participators etc: rate of tax

s.051 Loans to participators etc: trustees of charitable trusts

s.052 Intangible fixed assets: pre-FA 2002 assets

s.053 Intangible fixed assets: transfers treated as at market value

s.054 Tax relief for production of orchestral concerts

s.055 Television and video games tax relief: consequential amendments

s.056 Banking companies: excluded entities

s.057 Banking companies: restrictions on loss relief etc

s.058 Reduction in rate of supplementary charge

s.059 Investment allowance: disqualifying conditions

s.060 Investment allowance: power to expand meaning of “relevant income”

s.061 Onshore allowance: disqualifying conditions

s.062 Cluster area allowance: disqualifying conditions

s.063 Cluster area allowance: power to expand meaning of “relevant income”

s.064 Profits from the exploitation of patents etc

s.065 Power to make regulations about the taxation of securitisation companies

s.066 Hybrid and other mismatches

s.067 Insurance companies carrying on long-term business

s.068 Taking over payment obligations as lessee of plant or machinery

Part 3

Income tax and corporation tax

0 of 14 sections shown

14 other sections in this Part — procedural and definitional

s.069 Capital allowances: designated assisted areas

s.070 Capital allowances: anti-avoidance relating to disposals

s.071 Trade and property business profits: money's worth

s.072 Replacement and alteration of tools

s.073 Property business deductions: replacement of domestic items

s.074 Property business deductions: wear and tear allowance

s.075 Transfer pricing: application of OECD principles

s.076 Corporation tax: territorial scope etc

s.077 Corporation tax: transactions in UK land

s.078 Income tax: territorial scope etc

s.079 Income tax: transactions in UK land

s.080 Pre-trading expenses

s.081 Commencement and transitional provision: sections 76, 77 and 80

s.082 Commencement and transitional provision: sections 78 and 79

Part 4

Capital gains tax

0 of 10 sections shown

10 other sections in this Part — procedural and definitional

s.083 Reduction in rate of capital gains tax

s.084 Entrepreneurs' relief: associated disposals

s.085 Entrepreneurs' relief: disposal of goodwill

s.086 Entrepreneurs' relief: “trading company” and “trading group”

s.087 Investors' relief

s.088 Employee shareholder shares: limit on exemption

s.089 Employee shareholder shares: disguised fees and carried interest

s.090 Disposals of UK residential property by non-residents etc

s.091 NRCGT returns

s.092 Addition of CGT to Provisional Collection of Taxes Act 1968

Part 5

Inheritance tax etc

0 of 5 sections shown

5 other sections in this Part — procedural and definitional

s.093 Inheritance tax: increased nil-rate band

s.094 Inheritance tax: pension drawdown funds

s.095 Inheritance tax: victims of persecution during Second World War era

s.096 Inheritance tax: gifts for national purposes etc

s.097 Estate duty: objects of national, scientific, historic or artistic interest

Part 6

Apprenticeship levy

6 of 24 sections shown

s.100 A person's pay bill for a tax year

amended 1 time (opens in a new tab)

s.101 Connected companies Regulated

Agree and allocate the £15,000 Apprenticeship Levy allowanceTrader

s.102 Connected charities Regulated

Divide apprenticeship levy allowance between connected charitiesEmployer

s.105 Assessment, payment etc Regulated

Other duties (1) — Crown / regulator

HMRC must establish rules for Apprenticeship Levy assessment and paymentStatutory regulator

s.107 Real time information Regulated

Provide apprenticeship levy information to your service providerClient

s.109 No deduction in respect of levy to be made from earnings Regulated

Do not deduct Apprenticeship Levy costs from employee wagesAny Person

18 other sections in this Part — procedural and definitional

s.098 Apprenticeship levy

s.099 Charge to apprenticeship levy

s.103 Anti-avoidance

s.104 Application of other regimes to apprenticeship levy

s.106 Recovery from third parties

s.108 Time limits for assessment

s.110 Collectors and court proceedings

s.111 Records

s.112 Information and inspection powers

s.113 Penalties

s.114 Appeals

s.115 Tax agents: dishonest conduct

s.116 Provisional collection of apprenticeship levy

s.117 Crown application

s.118 Charities which are “connected” with one another

s.119 Connection between charities: further provision

s.120 General interpretation

s.121 Regulations

Part 7

VAT

2 of 5 sections shown

s.123 VAT: representatives and security

amended 1 time (opens in a new tab)

s.126 VAT: women's sanitary products

amended 1 time (opens in a new tab)

3 other sections in this Part — procedural and definitional

s.122 VAT: power to provide for persons to be eligible for refunds

s.124 VAT: joint and several liability of operators of online marketplaces

s.125 VAT: Isle of Man charities

Part 8

SDLT and ATED

1 of 10 sections shown

s.128 SDLT: higher rates for additional dwellings etc

amended 1 time (opens in a new tab)

9 other sections in this Part — procedural and definitional

s.127 SDLT: calculating tax on non-residential and mixed transactions

s.129 SDLT higher rate: land purchased for commercial use

s.130 SDLT higher rate: acquisition under regulated home reversion plan

s.131 SDLT higher rate: properties occupied by certain employees etc

s.132 SDLT: minor amendments of section 55 of FA 2003

s.133 SDLT: property authorised investment funds and co-ownership authorised contractual schemes

s.134 ATED: regulated home reversion plans

s.135 ATED: properties occupied by certain employees etc

s.136 ATED: alternative property finance - land in Scotland

Part 9

Other taxes and duties

0 of 19 sections shown

19 other sections in this Part — procedural and definitional

s.137 Stamp duty: acquisition of target company's share capital

s.138 Stamp duty: transfers to depositaries or providers of clearance services

s.139 SDRT: transfers to depositaries or providers of clearance services

s.140 Petroleum revenue tax: rate

s.141 Insurance premium tax: standard rate

s.142 Landfill tax: rates from 1 April 2017

s.143 Landfill tax: rates from 1 April 2018

s.144 CCL : abolition of exemption for electricity from renewable sources

s.145 CCL: main rates from 1 April 2017

s.146 CCL: main rates from 1 April 2018

s.147 CCL: main rates from 1 April 2019

s.148 CCL: reduced rates from 1 April 2019

s.149 APD: rates from 1 April 2016

s.150 VED: rates for light passenger vehicles, light goods vehicles, motorcycles etc

s.151 VED: extension of old vehicles exemption from 1 April 2017

s.152 Gaming duty: rates

s.153 Fuel duties: aqua methanol etc

s.154 Tobacco products duty: rates

s.155 Alcoholic liquor duties: rates

Part 10

Tax avoidance and evasion

3 of 11 sections shown

s.162 Penalties for enablers of offshore tax evasion or non-compliance Prosecution

Enable offshore tax evasion or non-complianceAny Person

Unlimited fine · amended 1 time (opens in a new tab)

s.164 Offshore tax errors etc: publishing details of deliberate tax defaulters

amended 1 time (opens in a new tab)

s.166 Offences relating to offshore income, assets and activities

amended 1 time (opens in a new tab)

8 other sections in this Part — procedural and definitional

s.156 General anti-abuse rule: provisional counteractions

s.157 General anti-abuse rule: binding of tax arrangements to lead arrangements

s.158 General anti-abuse rule: penalty

s.159 Serial tax avoidance

s.160 Promoters of tax avoidance schemes

s.161 Large businesses: tax strategies and sanctions for persistently unco-operative behaviour

s.163 Penalties in connection with offshore matters and offshore transfers

s.165 Asset-based penalties for offshore inaccuracies and failures

Part 11

Administration, enforcement and supplementary powers

5 of 17 sections shown

s.167 Simple assessments

amended 2 times (opens in a new tab)

s.173 Gift aid: power to impose penalties on charities and intermediaries

amended 1 time (opens in a new tab)

s.179 Raw tobacco approval scheme

amended 2 times (opens in a new tab)

s.180 Powers to obtain information about certain tax advantages Regulated

Provide information to HMRC regarding tax advantages and state aidResponsible Person

s.182 Information powers: supplementary

amended 3 times (opens in a new tab)

12 other sections in this Part — procedural and definitional

s.168 Time limit for self assessment tax returns

s.169 HMRC power to withdraw notice to file a tax return

s.170 Rate of interest applicable to judgment debts etc: Scotland

s.171 Rate of interest applicable to judgment debts etc: Northern Ireland

s.172 Rate of interest applicable to judgment debts etc: England and Wales

s.174 Proceedings under customs and excise Acts: prosecuting authority

s.175 Detention and seizure under CEMA 1979: notice requirements etc

s.176 Data-gathering powers: providers of payment or intermediary services

s.177 Data-gathering powers: daily penalties for extended default

s.178 Extension of provisions about set-off to Scotland

s.181 Power to publish state aid information

s.183 Qualifying transformer vehicles

Part 12

Office of Tax Simplification

5 of 6 sections shown

s.184 Office of Tax Simplification

amended 1 time (opens in a new tab)

s.185 Functions of the OTS: general

amended 1 time (opens in a new tab)

s.186 Functions of the OTS: reviews and reports

amended 1 time (opens in a new tab)

s.187 Annual report

amended 1 time (opens in a new tab)

s.188 Review of the OTS

amended 1 time (opens in a new tab)

1 other section in this Part — procedural and definitional

s.189 Commencement

Part 13

Final

0 of 2 sections shown

2 other sections in this Part — procedural and definitional

s.190 Interpretation

s.191 Short title

Schedules

17 of 524 shown

s.sch004 (1) Sub-paragraph (2) applies if, in the case of an... Regulated

Notify HMRC of a protection-cessation event within 90 daysTrader

s.sch004 (1) Sub-paragraph (2) applies if an individual receives a discharge... Regulated

Notify HMRC of pension debit details within 60 days of discharge noticeTrader

s.sch004 If an individual is issued with a reference number for... Regulated

Preserve tax records for 6 years after reference number applicationTrader

s.sch004 After regulation 14B insert— Individual protection 2016: provision of information... Regulated

Provide pension information to members upon written requestDirector or Officer

s.sch004 (1) The Commissioners may by regulations amend Part 1, 2... Regulated

Other duties (1) — Crown / regulator

HMRC must not use new regulations to increase tax liability for periods before 6 April 2016Statutory regulator

s.sch017 Aqua methanol etc Imprisonment

Mix aqua methanol with prohibited substancesAny Person

s.sch017 After section 6AF insert— Excise duty on aqua methanol (1) A duty of excise shall be charged on the... Regulated

Pay excise duty on aqua methanol used as fuel or additiveAny Person

s.sch017 (1) For the italic heading before section 20A substitute “... Prosecution

Illegally mix aqua methanol with biodiesel or other fuelsAny Person

Unlimited fine

s.sch018 (1) A person (“P”) who has been given a warning... Regulated

Send HMRC periodic information notices after a warningAny Person

s.sch019 (1) This paragraph applies in relation to a UK group... Regulated

Prepare and publish a group tax strategyDirector or Officer

s.sch019 (1) This paragraph applies to a UK sub-group of a... Regulated

Publish and maintain a UK sub-group tax strategyDirector or Officer

s.sch019 (1) This paragraph applies in relation to a UK company... Regulated

Prepare and publish an annual company tax strategyTrader

s.sch019 (1) The company tax strategy must set out— Regulated

Publish a tax strategy covering risk management, tax planning, and HMRC dealingsTrader

s.sch019 (1) Where a person becomes liable to a penalty— Regulated

Other duties (1) — Crown / regulator

HMRC must assess and notify penalties within statutory time limitsStatutory regulator

s.sch020 Penalties for enablers of offshore tax evasion or non-compliance Prosecution

Enable offshore tax evasion or non‑complianceAny Person

Unlimited fine

s.sch020 (1) A penalty is payable by a person (P) who... Regulated

Enable offshore tax evasion or non-complianceAny Person

s.sch021 After paragraph 15 insert— (1) If a person who would otherwise be liable to... Regulated

Other duties (1) — Crown / regulator

HMRC must reduce your penalty to reflect disclosure qualityStatutory regulator

507 other schedules

s.001 Abolition of dividend tax credits etc

s.002 Sporting testimonial payments

s.004 Pensions: lump sum allowance and lump sum and death benefit allowance : transitional provision

s.005 Pension flexibility

s.006 Deduction of income tax at source

s.010 Hybrid and other mismatches

s.011 Disposals of non-UK residential property interests

s.015 Inheritance tax: increased nil-rate band

s.018 Serial tax avoidance

s.022 Asset-based penalty for offshore inaccuracies and failures

s.024 Tax advantages constituting the grant of state aid

s.025 Office of Tax Simplification

s.sch001 (1) In ITTOIA 2005 omit sections 397 to 398, 400,...

s.sch001 In the italic heading before section 397, omit “Tax credits...

s.sch001 (1) Section 399 (qualifying distribution received by person not entitled...

s.sch001 (1) Section 401 (relief: qualifying distribution after linked non-qualifying distribution)...

s.sch001 Omit section 401A (recovery of overpaid tax credit etc).

s.sch001 In section 401B (power to obtain information for the purposes...

s.sch001 Omit sections 406(4A) and 407(4A) (determining entitlement to tax credit)....

s.sch001 In section 408(2A) (interpretation of section 408(2)) omit the words...

s.sch001 In section 411(2) (stock dividends: amount on which tax charged)...

s.sch001 In section 416 (released debts: amount on which tax charged)—...

s.sch001 In section 418(3) (release of loan: tax only on grossed-up...

s.sch001 ITTOIA 2005 is further amended as follows.

s.sch001 In section 651 (meaning of “UK estate” and “foreign estate”)—...

s.sch001 In section 657 (tax charged on estate income from foreign...

s.sch001 In section 663 (applicable rate for purposes of grossing-up under...

s.sch001 In section 670 (applicable rate for purposes of Step 2...

s.sch001 In section 680 (income of an estate that is treated...

s.sch001 In section 680A (estate income treated as dividend income), in...

s.sch001 In section 854(6) (carrying on by partner of notional business:...

s.sch001 Omit section 858(3) (partnerships with foreign element: entitlement to tax...

s.sch001 CTA 2010 is further amended as follows.

s.sch001 (1) Section 279F (ring fence profits: related 51% group company)...

s.sch001 In the heading of Chapter 3 of Part 4, for...

s.sch001 (1) Section 279G (ring fence profits: meaning of “augmented profits”)...

s.sch001 For section 463(7) (loan to trustees of settlement which has...

s.sch001 (1) Section 549 (distributions: supplementary) is amended as follows.

s.sch001 (1) Section 751 (interpretation of Part 15 (transactions in securities))...

s.sch001 Omit section 814D(8) (which excludes entitlement to tax credits).

s.sch001 Omit section 997(5) (which introduces sections 1109 to 1111).

s.sch001 In sections 1026(1)(b) and 1027(2)(b) (cases where amount paid up...

s.sch001 (1) Section 1070 (distributions by company carrying on mutual business)...

s.sch001 (1) Section 1071 (company not carrying on business) is amended...

s.sch001 (1) Section 1100 (qualifying distribution: right to request a statement)...

s.sch001 In section 382(2) (other contents of Chapter 3 of Part...

s.sch001 (1) Section 1101 (non-qualifying distributions etc: returns and information) is...

s.sch001 In section 1103 (regulations about information about non-qualifying distributions)—

s.sch001 (1) Section 1106 (interpretation of sections 1104 and 1105) is...

s.sch001 Omit sections 1110 and 1111 (recovery of overpaid tax credits...

s.sch001 (1) Section 1115 (meaning of “new consideration” in Part 23)...

s.sch001 In section 1119 (definitions for the purposes of the Corporation...

s.sch001 Omit section 1126 (meaning of “franked investment income”).

s.sch001 Omit section 1136 (meaning of “qualifying distribution”).

s.sch001 Omit section 1139(4) (“relief” includes tax credit).

s.sch001 In Schedule 2 (transitionals and savings etc) omit paragraph 106(1)...

s.sch001 Omit section 384(3) (which refers to section 398).

s.sch001 In Schedule 4 (index of defined expressions) omit the entries...

s.sch001 (1) TMA 1970 is amended as follows.

s.sch001 (1) ICTA is amended as follows. (2) Omit section 231B...

s.sch001 In FA 1988, in Schedule 13 omit paragraph 7(c) (post-consolidation...

s.sch001 In FA 1989— (a) omit section 115 (double taxation: tax...

s.sch001 In FA 1993 omit section 171(2B) (which excludes entitlement to...

s.sch001 In FA 1994 omit section 219(4B) (which excludes entitlement to...

s.sch001 (1) F(No.2)A 1997 is amended as follows.

s.sch001 (1) FA 1998 is amended as follows.

s.sch001 In the Commonwealth Development Corporation Act 1999, in Schedule 3...

s.sch001 Omit section 393(5) (determining entitlement to tax credit).

s.sch001 In the Financial Services and Markets Act 2000 (Consequential Amendments)...

s.sch001 (1) ITEPA 2003 is amended as follows.

s.sch001 In ITTOIA 2005, in Schedule 1 (minor and consequential amendments)...

s.sch001 (1) ITA 2007 is amended as follows.

s.sch001 In FA 2008, in Schedule 12 (amendments relating to tax...

s.sch001 (1) CTA 2009 is amended as follows.

s.sch001 (1) FA 2009 is amended as follows.

s.sch001 In Schedule 1 to CTA 2010 (minor and consequential amendments)...

s.sch001 (1) TIOPA 2010 is amended as follows.

s.sch001 In FA 2011— (a) in Part 6 of Schedule 23...

s.sch001 In section 394 (which deems a distribution to be made)—...

s.sch001 In FA 2012, in section 169(2) (payments by certain friendly...

s.sch001 In FA 2013— (a) in paragraph 6(2) of Schedule 19...

s.sch001 In FA 2015, in section 19— (a) in subsection (1),...

s.sch001 (1) Subject to the following sub-paragraphs of this paragraph, the...

s.sch001 In section 395(3) (interpretation of section 395(2)) omit the words...

s.sch001 For section 396A(2)(b) (alternative receipt treated as qualifying distribution for...

s.sch002 After section 226D of ITEPA 2003 (shareholder or connected person...

s.sch002 After section 306A of ITEPA 2003 (exemption for carers) insert—...

s.sch002 After section 996 of CTA 2010 (miscellaneous provisions: use of...

s.sch002 (1) The amendments made by this Schedule have effect in...

s.sch003 Employee share schemes: minor amendments

s.sch003 (1) In section 534 of ITEPA 2003 (disqualifying events relating...

s.sch003 (1) Schedule 2 to ITEPA 2003 (share incentive plans) is...

s.sch003 (1) In Schedule 2 to ITEPA 2003 (share incentive plans),...

s.sch003 (1) In Schedule 3 to ITEPA 2003 (SAYE option schemes),...

s.sch003 (1) In Schedule 4 to ITEPA 2003 (CSOP schemes), Part...

s.sch003 (1) In Schedule 3 to ITEPA 2003 (SAYE option schemes),...

s.sch003 (1) In Schedule 4 to ITEPA 2003 (CSOP schemes), paragraph...

s.sch003 (1) In Schedule 5 to ITEPA 2003 (enterprise management incentives),...

s.sch003 (1) In section 238A of TCGA 1992 (share schemes and...

s.sch004 (1) Sub-paragraph (2) applies at any particular time on or...

s.sch004 (1) To determine amount A— (a) apply sub-paragraph (2) if...

s.sch004 (1) To determine amount B— (a) identify each benefit crystallisation...

s.sch004 Amount C is the total value of the individual's uncrystallised...

s.sch004 (1) To determine amount D— (a) identify each relieved non-UK...

s.sch004 (1) An individual has a reference number for the purposes...

s.sch004 (1) This paragraph applies where a reference number for the...

s.sch004 (1) Where— (a) an application is made for a reference...

s.sch004 If an individual dies— (a) anything which could have been...

s.sch004 The conditions mentioned in paragraph 1(1)(a) are—

s.sch004 In column 2 of the Table in section 98 of...

s.sch004 (1) The Registered Pension Schemes (Provision of Information) Regulations 2006...

s.sch004 In regulation 2(1) (interpretation)— (a) after the entry for “fixed...

s.sch004 (1) In the table in regulation 3(1) (provision of event...

s.sch004 (1) Regulation 11 (information provided to scheme administrator by member...

s.sch004 In consequence of paragraph 24(4), in each of—

s.sch004 (1) In Part 1 of Schedule 29 to FA 2004...

s.sch004 (1) Expressions used in Part 1, 2 or 3 of...

s.sch004 There is a protection-cessation event if the reference number for...

s.sch004 In Parts 3 and 4, and this Part, of this...

s.sch004 (1) For the purposes of paragraph 3(a) there is benefit...

s.sch004 Paragraph 17A of Schedule 36 to FA 2004 (impermissible transfers)...

s.sch004 Sub-paragraphs (7) to (8B) of paragraph 12 of Schedule 36...

s.sch004 Sub-paragraphs (2A) to (2C) of paragraph 12 of Schedule 36...

s.sch004 (1) Subject to sub-paragraphs (2) to (4), paragraph 3 applies...

s.sch004 (1) Sub-paragraphs (2) to (2B) apply at any particular time...

s.sch005 (1) Part 4 of FA 2004 (registered pension schemes etc)...

s.sch005 (1) In paragraph 15 of Schedule 29 to FA 2004...

s.sch005 (1) In section 152 of the Inheritance Tax Act 1984...

s.sch005 (1) Section 636A of ITEPA 2003 (exemption for certain lump...

s.sch005 (1) In consequence of the amendment made by paragraph 1(2),...

s.sch005 The amendments made by paragraphs 1 to 3 have effect...

s.sch005 (1) In paragraph 18(1A) of Schedule 29 to FA 2004...

s.sch005 (1) Part 2 of Schedule 28 to FA 2004 (interpretation...

s.sch005 (1) Paragraph 7 of Schedule 29 to FA 2004 (interpretation...

s.sch005 (1) Section 636B of ITEPA 2003 (taxation of trivial commutation,...

s.sch005 The amendments made by paragraphs 7 and 8 have effect...

s.sch006 In Chapter 2 of Part 15 of ITA 2007 (deduction...

s.sch006 (1) Section 856 (meaning of “relevant investment”) is amended as...

s.sch006 In section 857 (treating investments as being or not being...

s.sch006 Omit— (a) sections 858 to 861 (investments which are not...

s.sch006 In the italic heading preceding section 863, for “Other investments”...

s.sch006 In sections 863, 864, 865 and 868(4) (investments with deposit-takers...

s.sch006 Omit sections 868(3), 869 and 870(2) (investments with building societies)....

s.sch006 Omit section 871 (power to make regulations to give effect...

s.sch006 In section 872 (power to amend Chapter)—

s.sch006 Omit section 873(3) to (6) (interpretation of section 861).

s.sch006 In Schedule 12 to FA 1988 (transfer of building society's...

s.sch006 In section 876 of ITA 2007 (interest paid by deposit-takers),...

s.sch006 (1) In section 564Q(1) of ITA 2007 (alternative finance return:...

s.sch006 In section 847 of ITA 2007 (overview of Part 15)—...

s.sch006 In section 946 of ITA 2007 (collection of tax deducted...

s.sch006 In Schedule 2 to ITA 2007 omit paragraphs 154 to...

s.sch006 In Schedule 4 to ITA 2007 (index of defined expressions)—...

s.sch006 In consequence of the amendments made by Part 1 of...

s.sch006 In section 877 of ITA 2007 (duty to deduct under...

s.sch006 (1) Chapter 5 of Part 15 of ITA 2007 (deduction...

s.sch006 (1) The amendments made by Parts 1 and 3 of...

s.sch006 Chapter 2 of Part 15 of ITA 2007 (deduction of...

s.sch006 For the Chapter heading substitute “ Meaning of “relevant investment”...

s.sch006 (1) Section 850 (overview of Chapter) is amended as follows....

s.sch006 Omit section 852 (power to disapply section 851).

s.sch006 In section 853(1) (meaning of “deposit-taker”), after “In this Chapter”...

s.sch006 In section 854(3) (meaning of “relevant investment” in section 851(1)(b)),...

s.sch006 For section 855(1) (meaning of “investment”) substitute—

s.sch007 Loan relationships and derivative contracts

s.sch007 CTA 2009 is amended as follows.

s.sch007 After section 475A insert— Meaning of “matched” Meaning of “matched”...

s.sch007 (1) Section 694 (derivative contracts: exchange gains and losses) is...

s.sch007 (1) The amendments made by this Schedule have effect in...

s.sch007 In Chapter 15 of Part 5 (loan relationships: tax avoidance),...

s.sch007 In section 446 (loan relationships: bringing transfer-pricing adjustments into account),...

s.sch007 In section 693 (derivative contracts: bringing transfer-pricing adjustments into account),...

s.sch007 In section 447 (exchange gains and losses on debtor relationships:...

s.sch007 In section 448 (exchange gains and losses on debtor relationships:...

s.sch007 In section 449 (exchange gains and losses on creditor relationships:...

s.sch007 In section 451 (exception to section 449 where loan exceeds...

s.sch007 (1) Section 452 (exchange gains and losses where loan not...

s.sch008 Tax relief for production of orchestral concerts

s.sch008 After Part 15C of CTA 2009 insert— PART 15D Orchestra...

s.sch008 In section 1310 of CTA 2009 (orders and regulations), in...

s.sch008 In Schedule 4 to CTA 2009 (index of defined expressions),...

s.sch008 In Schedule 54A to FA 2009 (which is prospectively inserted...

s.sch008 In Part 8B of CTA 2010 (trading profits taxable at...

s.sch008 In Part 8B of CTA 2010, after section 357UI insert—...

s.sch008 (1) Schedule 4 to CTA 2010 (index of defined expressions)...

s.sch008 Any power to make regulations conferred on the Treasury by...

s.sch008 (1) The amendments made by the following provisions of this...

s.sch008 (1) The amendments made by paragraphs 13 to 15 of...

s.sch008 (1) Section 826 of ICTA (interest on tax overpaid) is...

s.sch008 Schedule 18 to FA 1998 (company tax returns, assessments and...

s.sch008 In paragraph 10 (other claims and elections to be included...

s.sch008 (1) Paragraph 52 (recovery of excessive repayments etc) is amended...

s.sch008 In Part 9D (certain claims for tax relief)—

s.sch008 In Schedule A1 to CAA 2001 (first-year tax credits), in...

s.sch008 In Schedule 24 to FA 2007 (penalties for errors), in...

s.sch008 In Part 8 of CTA 2009 (intangible fixed assets), in...

s.sch009 Profits from the exploitation of patents etc: consequential

s.sch009 CTA 2010 is amended in accordance with this Schedule.

s.sch009 (1) Section 357CL (companies eligible to elect for small claims...

s.sch009 In section 357CM (small claims amount), in subsection (1), for...

s.sch009 (1) Section 357D (alternative method of calculating relevant IP profits:...

s.sch009 (1) Section 357DA (relevant IP profits) is amended as follows....

s.sch009 (1) Section 357DC (the mandatory streaming conditions) is amended as...

s.sch009 In section 357EB (allocation of set-off amount within a group)...

s.sch009 In section 357ED (company ceasing to carry on trade etc)...

s.sch009 In section 357FA (incorporation of qualifying items), in subsection (2),...

s.sch009 In section 357FB (tax advantage schemes) in subsection (4)(b) for...

s.sch009 (1) Section 357G (making an election under section 357A) is...

s.sch009 In section 357B (meaning of “qualifying company”), in subsection (3)(b)(ii),...

s.sch009 (1) Section 357GA (revocation of election made under section 357A)...

s.sch009 (1) Section 357GB (application of Part 8A in relation to...

s.sch009 In section 357GC (application of Part 8A in relation to...

s.sch009 (1) Section 357GE (other interpretation) is amended as follows.

s.sch009 In Schedule 4 (index of defined expressions)—

s.sch009 In the heading of Chapter 3 of Part 8A, after...

s.sch009 (1) Section 357C (relevant IP profits) is amended as follows....

s.sch009 In section 357CA (total gross income of a trade), in...

s.sch009 Omit sections 357CB to 357CF.

s.sch009 (1) Section 357CG (adjustments in calculating profits of trade) is...

s.sch009 In section 357CI (routine return figure), in Step 1 in...

s.sch009 Omit sections 357CJ and 357CK.

s.sch010 In TIOPA 2010, after Part 6 insert— PART 6A Hybrid...

s.sch010 In section 1 (overview of Act), in subsection (1)—

s.sch010 In section 157 (direct participation), in subsection (1)—

s.sch010 In section 158 (indirect participation: defined by sections 159 to...

s.sch010 In section 159 (indirect participation: potential direct participant), in subsection...

s.sch010 In section 160 (indirect participation: one of several major participants),...

s.sch010 Omit Part 6 (tax arbitrage).

s.sch010 Omit Part 4 of Schedule 11 (tax arbitrage: index of...

s.sch010 After that Part of that Schedule insert— PART 4A Hybrid...

s.sch010 Chapters 3 to 5 and 7 and 8 of Part...

s.sch010 Chapter 6 of Part 6A of TIOPA 2010 (counteraction of...

s.sch010 Schedule 18 to FA 1998 (company tax returns) is amended...

s.sch010 Chapters 9 and 10 of Part 6A of TIOPA 2010...

s.sch010 Chapter 11 of Part 6A of TIOPA 2010 (imported mismatch...

s.sch010 The following provisions of this Schedule have effect in relation...

s.sch010 For the purposes of paragraph 18 and 21, where a...

s.sch010 For the purposes of paragraphs 19, 20 and 22(b), where...

s.sch010 In this Part of this Schedule “the commencement date” means...

s.sch010 In paragraph 25(3)— (a) insert “ or ” at the...

s.sch010 In paragraph 42(4)— (a) insert “ or ” at the...

s.sch010 In section A1 of CTA 2009 (overview of the Corporation...

s.sch010 CTA 2010 is amended as follows.

s.sch010 In section 938N (group mismatch schemes: priority)—

s.sch010 In section 938V (tax mismatch schemes: priority)—

s.sch010 TIOPA 2010 is amended as follows.

s.sch011 TCGA 1992 is amended in accordance with this Schedule.

s.sch011 In section 14B(1) (meaning of “non-resident CGT disposal”), in paragraph...

s.sch011 Omit section 14C (which introduces Schedule B1 and is superseded...

s.sch011 In Schedule B1 (disposals of UK residential property interests), in...

s.sch011 After Schedule B1 insert— SCHEDULE BA1 Disposals of non-UK residential...

s.sch012 Disposals of residential property interests: gains and losses

s.sch012 TCGA 1992 is amended in accordance with this Schedule.

s.sch012 In section 57A(3) (gains and losses on relevant high value...

s.sch012 After section 57B insert— CHAPTER 7 Computation of gains and...

s.sch012 In Schedule B1 (disposals of UK residential property interests), in...

s.sch012 After Schedule 4ZZB insert— SCHEDULE 4ZZC Disposals of residential property...

s.sch013 Entrepreneurs' relief: “trading company” and “trading group”

s.sch013 TCGA 1992 is amended as follows.

s.sch013 In section 169H(7) (introduction), for “Section 169S contains” substitute “...

s.sch013 In section 169S (interpretation of Chapter), subsection (4A) is treated...

s.sch013 After section 169S insert— Meaning of “trading company” and “trading...

s.sch013 After Schedule 7 insert— SCHEDULE 7ZA Entrepreneurs' relief: “trading company”...

s.sch013 (1) The amendments made by this Schedule (except paragraph 3)...

s.sch014 Investors' relief

s.sch014 (1) In the heading to Part 5 of TGCA 1992,...

s.sch014 In Part 5 of TCGA 1992, after section 169V insert—...

s.sch014 After Schedule 7ZA of TCGA 1992 (inserted by Schedule 13)...

s.sch015 IHTA 1984 is amended as follows.

s.sch015 In section 8K (meaning of “closely inherited”), in subsection (1),...

s.sch015 In section 8L (claims for brought-forward allowance)—

s.sch015 (1) Section 8M (residence nil-rate amount: cases involving conditional exemption)...

s.sch015 (1) Section 8D (extra nil-rate band on death if interest...

s.sch015 (1) Section 8E (residence nil-rate amount: interest in home goes...

s.sch015 In section 8F(4) (list of other relevant sections)—

s.sch015 After section 8F insert— Downsizing addition: entitlement: low-value death interest...

s.sch015 In section 8G (meaning of “brought-forward allowance”), in subsection (3)(a),...

s.sch015 (1) Section 8H (meaning of “qualifying residential interest”) is amended...

s.sch015 After section 8H insert— Qualifying former residential interest”: interests in...

s.sch015 In section 8J (meaning of “inherited”), in subsection (1), for...

s.sch016 Property authorised investment funds and co-ownership authorised contractual schemes

s.sch016 In FA 2003, after section 102 insert— Co-ownership authorised contractual...

s.sch016 In section 118 (market value)— (a) the existing text becomes...

s.sch016 In section 122 (index of defined expressions), at the appropriate...

s.sch016 In Schedule 4A (SDLT: higher rate for certain transactions), in...

s.sch016 In Schedule 6B (transfers involving multiple dwellings), in paragraph 2(4)(b),...

s.sch016 (1) In Schedule 17A (further provisions relating to leases), paragraph...

s.sch016 (1) The amendments made by Parts 2 and 3 of...

s.sch016 FA 2003 is amended in accordance with this Part.

s.sch016 After section 65 insert— PAIF seeding relief and COACS seeding...

s.sch016 After Schedule 7 insert— SCHEDULE 7A Paif seeding relief and...

s.sch016 FA 2003 is amended in accordance with this Part.

s.sch016 In section 75C (anti-avoidance: supplemental), in subsection (4), after “Schedule...

s.sch016 (1) Section 81 (further return where relief withdrawn) is amended...

s.sch016 In section 86 (payment of tax), in subsection (2)—

s.sch016 (1) Section 87 (interest on unpaid tax) is amended as...

s.sch017 HODA 1979 is amended as follows.

s.sch017 In section 16 of FA 1994 (appeals to a tribunal),...

s.sch017 In paragraph 3 of Schedule 41 to FA 2008 (penalties...

s.sch017 In section 20AAA of HODA 1979 (mixing of rebated oil),...

s.sch017 In section 16 of FA 1994 (appeals to a tribunal),...

s.sch017 The amendments made by this Schedule come into force—

s.sch017 After section 2AB insert— Aqua methanol In this Act “aqua methanol” means a liquid fuel which...

s.sch017 In section 2A (power to amend definitions), in subsection (1),...

s.sch017 In section 6A (fuel substitutes), in subsection (1)—

s.sch017 (1) Section 22 (prohibition on use of petrol substitutes on...

s.sch017 In section 23C (warehousing), in subsection (4), after paragraph (d)...

s.sch017 In section 27(1) (interpretation), before the definition of “aviation gasoline”...

s.sch018 In this Schedule— (a) Part 2 provides for HMRC to...

s.sch018 (1) A person “fails to comply” with any provision mentioned...

s.sch018 (1) A person (“P”) incurs a “relevant defeat” in relation...

s.sch018 (1) Condition A is that— (a) P has been given...

s.sch018 (1) Condition B is that (in a case not falling...

s.sch018 (1) Condition C is that (in a case not falling...

s.sch018 (1) Condition D is that— (a) P is a taxable...

s.sch018 (1) Condition E is that the arrangements are disclosable VAT...

s.sch018 (1) Condition F is that— (a) the arrangements are indirect...

s.sch018 (1) The Commissioners may publish information about a person if...

s.sch018 (1) HMRC must give a person a written notice (a...

s.sch018 (1) This paragraph applies where a person incurs a relevant...

s.sch018 (1) Sub-paragraphs (2) to (15) have effect in relation to...

s.sch018 (1) In paragraphs 19 and 20 (and this paragraph) “the...

s.sch018 (1) If a person who has incurred a relevant defeat...

s.sch018 (1) The Commissioners may mitigate the effects of paragraph 20...

s.sch018 (1) A person may appeal against— (a) a relief restriction...

s.sch018 (1) In this Part of this Schedule “avoidance-related rule” means...

s.sch018 The following are “reliefs” for the purposes of this Part...

s.sch018 In this Part of this Schedule “claim for relief” includes...

s.sch018 In this Part of this Schedule “tax” does not include...

s.sch018 (1) The Treasury may by regulations— (a) amend paragraph 20;...

s.sch018 (1) If a person is given a warning notice with...

s.sch018 (1) A person is liable to pay a penalty if...

s.sch018 (1) If a person incurs simultaneously two or more relevant...

s.sch018 (1) In relation to a relevant defeat incurred by virtue...

s.sch018 (1) This paragraph has effect in relation to relevant defeats...

s.sch018 (1) To the extent that the counteracted advantage (see paragraph...

s.sch018 (1) In paragraphs 33 and 34 “the counteracted advantage” means—...

s.sch018 (1) In relation to a relevant defeat incurred by a...

s.sch018 (1) Sub-paragraph (3) of paragraph 36 has effect as follows...

s.sch018 (1) Where a person is liable for a penalty under...

s.sch018 (1) After notification of an assessment has been given to...

s.sch018 (1) In this Schedule “tax” includes any of the following...

s.sch018 (1) The amount of a penalty for which a person...

s.sch018 (1) A person may appeal against a decision of HMRC...

s.sch018 (1) A person is not liable to a penalty under...

s.sch018 (1) In paragraph 42 “the relevant failure”, in relation to...

s.sch018 (1) The Commissioners may in their discretion mitigate a penalty...

s.sch018 (1) Where a body corporate (“R”) is the representative member...

s.sch018 (1) Sub-paragraphs (2) and (3) apply if HMRC has a...

s.sch018 (1) Sub-paragraph (2) applies if a person (“P”) incurs a...

s.sch018 (1) For the purposes of paragraph 47 two persons are...

s.sch018 (1) Where paragraph 50 applies in relation to a partnership...

s.sch018 (1) In this Schedule “tax advantage”, in relation to VAT,...

s.sch018 (1) This paragraph applies in relation to a partnership return...

s.sch018 (1) If paragraph 50 applies in relation to a partnership...

s.sch018 (1) Sub-paragraph (2) applies if a partnership return is amended...

s.sch018 (1) In paragraphs 49 to 52 and this paragraph— “partnership”...

s.sch018 (1) In this Schedule “adjustments” means any adjustments, whether by...

s.sch018 (1) With reference to a particular relevant defeat incurred by...

s.sch018 (1) In the case of inheritance tax, each of the...

s.sch018 (1) In this Schedule references to an assessment to tax...

s.sch018 (1) In this Schedule— “arrangements” has the meaning given by...

s.sch018 In section 103ZA of TMA 1970 (disapplication of sections 100...

s.sch018 (1) In this Schedule “non-deductible tax”, in relation to a...

s.sch018 In section 212 of FA 2014 (follower notices: aggregate penalties),...

s.sch018 (1) The Social Security Contributions and Benefits Act 1992 is...

s.sch018 In the Social Security Contributions and Benefits (Northern Ireland) Act...

s.sch018 Subject to paragraphs 64 and 65, paragraphs 1 to 62...

s.sch018 (1) A relevant defeat is to be disregarded for the...

s.sch018 (1) A warning notice given to a person is to...

s.sch018 In relation to taxes other than VAT, “tax advantage” includes—...

s.sch018 (1) For the purposes of this Schedule arrangements are “DOTAS...

s.sch018 (1) For the purposes of this Schedule arrangements are “disclosable...

s.sch018 For the purposes of paragraph 8A arrangements are “disclosable Schedule...

s.sch018 (1) For the purposes of this Schedule arrangements are “disclosable...

s.sch019 Large businesses: tax strategies and sanctions

s.sch019 This Part defines terms for the purposes of this Schedule....

s.sch019 (1) A group is a “qualifying group” in any financial...

s.sch019 (1) A “UK sub-group” consists of two or more relevant...

s.sch019 (1) “UK partnership” means a body of any of the...

s.sch019 “Financial year”— (a) in relation to a UK company, has...

s.sch019 (1) “Turnover”— (a) in relation to a UK company, has...

s.sch019 (1) “UK taxation” means — (a) income tax,

s.sch019 (1) A group tax strategy required to be published on...

s.sch019 (1) This paragraph applies where paragraph 16 requires a group...

s.sch019 (1) “Relevant body” means a UK company or any other...

s.sch019 (1) Paragraph 17 applies in relation to a sub-group tax...

s.sch019 (1) This paragraph applies where paragraph 19 requires a sub-group...

s.sch019 (1) This paragraph applies where paragraph 22 requires a company...

s.sch019 (1) Paragraphs 22 to 24 apply in relation to a...

s.sch019 (1) Paragraphs 27 to 33 apply in relation to the...

s.sch019 A failure to do anything required by this Part to...

s.sch019 (1) Liability to a penalty for a failure does not...

s.sch019 (1) “UK company” means a company which is (or is...

s.sch019 (1) A person may appeal against a decision of HMRC...

s.sch019 (1) A penalty must be paid— (a) before the end...

s.sch019 (1) If it appears to the Treasury that there has...

s.sch019 Subject to the provisions of this Part, the following provisions...

s.sch019 In this Part “tax strategy” means— (a) a group tax...

s.sch019 A UK group falls within this Part of this Schedule...

s.sch019 (1) A UK group has “engaged in unco-operative behaviour” if—...

s.sch019 (1) A member of a UK group has, or two...

s.sch019 (1) A member of a UK group has “satisfied the...

s.sch019 (1) There is a significant tax issue in respect of...

s.sch019 (1) “UK permanent establishment” means a permanent establishment in the...

s.sch019 The references in paragraphs 36 to 39 to things done...

s.sch019 (1) A designated HMRC officer may give the head of...

s.sch019 (1) This paragraph applies to a UK group if—

s.sch019 (1) A special measures notice— (a) may be withdrawn by...

s.sch019 (1) This paragraph applies to a UK group if—

s.sch019 (1) This paragraph applies in relation to a UK group...

s.sch019 (1) Sub-paragraphs (2) and (3) apply where—

s.sch019 (1) For the purposes of Schedule 24 to FA 2007...

s.sch019 In Schedule 24 to FA 2007 (penalties for errors), at...

s.sch019 (1) If a group is subject to a confirmed special...

s.sch019 (1) A UK company is a “qualifying company” in any...

s.sch019 (1) A UK sub-group of a foreign group falls within...

s.sch019 (1) A UK company falls within this Part if—

s.sch019 (1) A UK partnership falls within this Part if—

s.sch019 In this Part “designated HMRC officer” means an officer of...

s.sch019 The power to make regulations under section 122(6)(c) of FA...

s.sch019 (1) Regulations under this Schedule are to be made by...

s.sch019 (1) “Group” means two or more relevant bodies which together...

s.sch019 (1) “MNE Group” has the same meaning (subject to sub-paragraph...

s.sch019 (1) A “group other than an MNE group” means a...

s.sch019 A group is headed by whichever relevant body within the...

s.sch020 (1) Where a person is found liable for a penalty...

s.sch020 An assessment of a person as liable to a penalty...

s.sch020 A person may appeal against— (a) a decision of HMRC...

s.sch020 (1) An appeal under paragraph 12 is to be treated...

s.sch020 (1) On an appeal under paragraph 12(a) that is notified...

s.sch020 A person is not liable to a penalty under paragraph...

s.sch020 Subject to the provisions of this Part of this Schedule,...

s.sch020 (1) This paragraph applies for the purposes of this Schedule....

s.sch020 (1) Schedule 36 to FA 2008 (information and inspection powers)...

s.sch020 In its application for the purpose mentioned in paragraph 18(1)...

s.sch020 (1) This paragraph has effect for the purposes of this...

s.sch020 The following provisions are excluded from the application of Schedule...

s.sch020 In the application of Schedule 36 to FA 2008 for...

s.sch020 (1) The Commissioners for Her Majesty's Revenue and Customs (“the...

s.sch020 (1) The Treasury may by regulations amend paragraph 22(1) to...

s.sch020 (1) The penalty payable under paragraph 1 is (except in...

s.sch020 (1) The potential lost revenue in a case where P...

s.sch020 (1) This paragraph applies where any amount of potential lost...

s.sch020 (1) If P (who would otherwise be liable to a...

s.sch020 (1) This paragraph applies for the purposes of paragraph 7....

s.sch020 (1) If they think it right because of special circumstances,...

s.sch021 Penalties relating to offshore matters and offshore transfers

s.sch021 Schedule 24 to FA 2007 (penalties for errors) is amended...

s.sch021 (1) Paragraph 14 (reductions for disclosure) is amended as follows....

s.sch021 In paragraph 15 (amount of reduction for disclosure), for the...

s.sch021 (1) Paragraph 9 (reductions for disclosure) is amended as follows....

s.sch021 In paragraph 10 (amount of reduction for disclosure), for the...

s.sch021 After paragraph 10 insert— (1) If a person who would otherwise be liable to...

s.sch021 Schedule 41 to FA 2008 (penalties: failure to notify etc)...

s.sch021 (1) Paragraph 12 (reductions for disclosure) is amended as follows....

s.sch021 In paragraph 13 (amount of reduction for disclosure), for the...

s.sch021 After paragraph 13 insert— (1) If a person who would otherwise be liable to...

s.sch021 Schedule 55 to FA 2009 (penalty for failure to make...

s.sch022 (1) An asset-based penalty is payable by a person (P)...

s.sch022 (1) This Part makes provision about the identification and valuation...

s.sch022 (1) This paragraph applies where the principal tax at stake...

s.sch022 (1) This paragraph applies where an asset-based penalty is chargeable...

s.sch022 (1) Where a person (P) becomes liable for an asset-based...

s.sch022 (1) P may appeal against a decision of HMRC that...

s.sch022 (1) An appeal is to be treated in the same...

s.sch022 (1) On an appeal under paragraph 16(1), the tribunal may...

s.sch022 (1) In this Schedule— “asset” has the same meaning as...

s.sch022 (1) A standard offshore tax penalty is a penalty that...

s.sch022 (1) In section 103ZA to TMA 1970 (disapplication of sections...

s.sch022 Section 97A of TMA 1970 (two or more tax-geared penalties...

s.sch022 (1) Where a standard offshore tax penalty is imposed under...

s.sch022 (1) The potential lost revenue threshold is reached where the...

s.sch022 (1) The offshore PLR, in relation to a tax year,...

s.sch022 (1) Sub-paragraphs (2) and (3) apply where—

s.sch022 Where— (a) a penalty has been imposed on a person...

s.sch022 (1) The standard amount of the asset-based penalty is the...

s.sch022 (1) HMRC must reduce the standard amount of the asset-based...

s.sch022 (1) If HMRC think it right because of special circumstances,...

s.sch023 Simple assessments

s.sch023 TMA 1970 is amended in accordance with paragraphs 2 to...

s.sch023 In section 7 (notice of liability to income tax and...

s.sch023 After section 28G (determination of amount notionally chargeable where no...

s.sch023 In section 31 (appeals: right to appeal), before subsection (4)...

s.sch023 (1) Section 31A (appeals: notice of appeal) is amended as...

s.sch023 After section 31A (notice of appeal) insert— Taxpayer's right to...

s.sch023 (1) Section 59B (payment of income tax and capital gains...

s.sch023 After section 59B insert— Payment of income tax and capital...

s.sch023 (1) Schedule 56 to FA 2009 (penalty for failure to...

s.sch025 (1) The OTS is to consist of not more than...

s.sch025 The OTS may do anything that appears to it to...

s.sch025 (1) The Treasury may make to the OTS such payments...

s.sch025 In Part 2 of Schedule 1 to the House of...

s.sch025 In Part 2 of Schedule 1 to the Northern Ireland...

s.sch025 In Part 6 of Schedule 1 to the Freedom of...

s.sch025 In Part 1 of Schedule 19 to the Equality Act...

s.sch025 (1) A person holds and vacates office as a member...

s.sch025 (1) Sub-paragraphs (2) and (3) apply where a person (“P”)...

s.sch025 A member of the OTS may at any time resign...

s.sch025 (1) The Chancellor of the Exchequer may terminate the appointment...

s.sch025 The Treasury may pay a member of the OTS such...

s.sch025 The Treasury may provide the OTS with such staff, accommodation,...

s.sch025 The OTS may regulate its own procedure.

s.sch025 The validity of anything done by the OTS is not...

Help complying

Guvnor’s practical routes through this instrument.

Manage your employees

A comprehensive journey for UK employers covering the full employment lifecycle - from ongoing payroll and compliance duties through to managing workforce …

4 more guides that reference this instrument

Apprenticeship Levy for large employers Patent Box: reduce Corporation Tax on patented profits Becoming an apprenticeship training provider CITB and ECITB training levies for construction

Duty extraction and severity labels are Guvnor’s analysis of the instrument, not the instrument itself. Always verify against the linked source text.

Finance Act 2016

Does it bind you?

Other Acts binding the same actors

What it requires

Income tax

Corporation tax

Income tax and corporation tax

Capital gains tax

Inheritance tax etc

Apprenticeship levy

VAT

SDLT and ATED

Other taxes and duties

Tax avoidance and evasion

Administration, enforcement and supplementary powers

Office of Tax Simplification

Final

Schedules

Help complying

Manage your employees