UK Statutory Instrument SI 1999/358 United Kingdom

The Corporation Tax (Treatment of Unrelieved Surplus Advance Corporation Tax) Regulations 1999

Read it on legislation.gov.uk (opens in a new tab)
Status
In Force
Penalty ceiling
Regulated

Does it bind you?

Business-side roles with duties under this instrument.

Trader2

Other Acts binding the same actors

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

Trader — also bound by 825 other Acts
Companies Act 2006 243 duties
Companies Act 1985 85 duties

What it requires

Regulations 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.

s.013 Intra-group allocation of surplus shadow ACT Regulated
  • Allocate surplus shadow ACT to other group companiesTrader
s.014 Set-off of unrelieved surplus ACT against liability to corporation tax Regulated
  • Set off your unrelieved surplus ACT against corporation taxTrader
21 other provisions — procedural and definitional
s.001 Citation and commencement
s.002 Introductory
s.003 Interpretation
s.004 Definition of final accounting period—company not a member of a group
s.005 Definition of final accounting period—company a member of a group
s.006 Definition of group
s.007 Restriction on franked investment income—replacement of income
s.008 Restriction on franked investment income—arrangements to pass on value of franked investment income
s.009 Restriction on franked investment income—dealers
s.010 Restriction on franked investment income—intra-group distributions
s.011 Computation of shadow
s.012 Utilisation of shadow ACT
s.015 Restriction on set-off of company’s unrelieved surplus ACT against subsidiary company’s liability to corporation tax
s.016 Calculation of unrelieved surplus ACT on change of ownership of company
s.017 Restriction on application of regulation 15 on change of ownership of company
s.018 Restriction on set-off under regulation 14 where asset transferred after change of ownership of company
s.019 Recovery of unrelieved surplus ACT wrongly set off
s.020 Set off of unrelieved surplus ACT against liability to corporation tax on profits of a controlled foreign company apportioned to a company
s.021 Displacement of unrelieved surplus ACT—consequential provision
s.022 Life assurance companies
s.023 Cancellation of tax advantage

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