Part 2 Defined expressions
United Kingdom
| accounting period | F1Chapter 2 of Part 2 of CTA 2009 |
| additional VAT liability | section 547(1) |
| additional VAT rebate | section 547(2) |
| F2. . . | . . . |
| adjusted net cost (in Chapter 6 of Part 10) | section 522 |
| . . . | . . . |
| F3AIA qualifying expenditure | section 38A |
| F4applicable CO2 emissions figure (in Part 2) | section 268C |
| approved body (in Part 10) | section 492 |
| assured tenancy | section 490(3) |
| available qualifying expenditure (in Part 2) | section 57 |
| available qualifying expenditure (in Part 7) | section 459 |
| available qualifying expenditure (in Part 8) | section 473 |
| . . . | . . . |
| F5balancing adjustment (in Part 3A) | section 360M |
| . . . | . . . |
| F6. . . | . . . |
| balancing adjustment (in Part 10) | section 513 |
| . . . | . . . |
| balancing event (in Part 3A) | section 360N |
| . . . | . . . |
| . . . | . . . |
| balancing event (in Part 10) | section 514 |
| F7basic life assurance and general annuity business | sections 57 and 67(5) of FA 2012 (as applied by section 141(2) of that Act) |
| body of persons | F8section 989 of ITA 2007 and F9section 1119 of CTA 2010 |
| F10. . . | . . . |
| . . . | . . . |
| capital expenditure | section 4 and (in Chapter 2 of Part 1) section 10(1) |
| capital sum | section 4 |
| car (in Part 2) | F11section 268A |
| F12the charge to corporation tax on income | section 2(3) of CTA 2009 (as applied by F13section 1119 of CTA 2010) |
| chargeable period | section 6 |
| . . . | . . . |
| connected persons (general meaning) | F14section 575 |
| connected persons (special extended meaning for certain purposes) | sections 156, 232, 246(2) and 266(5) |
| control | section 574 |
| F15the corporate partner calculation (in relation to a trade carried on by a Northern Ireland firm) | section 6D(3) |
| the Corporation Tax Acts | section 831(1) of ICTA |
| . . . | . . . |
| development and development order (in Part 5) | section 436 |
| disposal event (in Part 2) | section 60(2) |
| disposal event (in Chapter 3 of Part 6) | section 443(7) |
| disposal receipt (in Part 2) | section 60 |
| disposal receipt (in Part 5) | section 420 |
| disposal receipt (in Chapter 3 of Part 8) | section 476(1) |
| dredging | section 484(3), (4) |
| dual resident investing company | section 577(1) and F16section 949 of CTA 2010 |
| dwelling-house | section 531(1) |
| . . . | . . . |
| . . . | . . . |
| . . . | . . . |
| . . . | . . . |
| F17. . . | . . . |
| electrically-propelled (in Part 2) | section 268B |
| expenditure on the construction of a building (in Part 10) | section 493 |
| final chargeable period (in Part 2) | section 65 |
| final chargeable period (in Part 7) | section 457(5) |
| final chargeable period (in Part 8) | section 471(5) and (6) |
| first-year qualifying expenditure | Chapter 4 of Part 2 |
| fixture (in Part 2) | section 173(1) |
| F18. . . | . . . |
| . . . | . . . |
| F19. . . | . . . |
| F20. . . | . . . |
| general development order (in Part 5) | section 436 |
| . . . | . . . |
| . . . | . . . |
| hire car for a disabled person (in Part 2) | section 268D |
| I - E rules | section 70(1) and (2) of FA 2012 (as applied by section 141(2) of that Act) |
| income from patents (in Part 8) | section 483 and paragraph 101(5) of Schedule 3 |
| . . . | . . . |
| F21. . . | . . . |
| insurance company | section 65 of FA 2012 (as applied by section 141(2) of that Act |
| interest in an oil licence (in Chapter 3 of Part 12) | section 552(4) |
| investment company | section 130 of ICTA |
| investment asset (in relation to life assurance business) | section 545(2) |
| know-how (in Part 7) | section 452(2) |
| . . . | . . . |
| lease and related expressions (in Part 3A) | section 360Z4 |
| . . . | . . . |
| . . . | . . . |
| lease and related expressions (in Part 10) | section 531 |
| F22. . . | . . . |
| long-life asset (in Chapter 10 of Part 2) | section 91 |
| long-life asset expenditure (in F23... Part 2) | section 90 |
| long-term business | section 63(1) of FA 2012 (as applied by section 141(2) of that Act) |
| market value | section 577(1) |
| mineral asset (in Part 5) | section 397 |
| mineral exploration and access (in Part 5) | section 396 |
| mineral extraction trade (in Part 5) | section 394(2) |
| mineral deposits (in Part 5) | section 394(3) |
| motor cycle (in Part 2) | section 268A |
| NI rate activity | section 6C |
| NIRE company | section 6A |
| non-BLAGAB long-term business | sections 66 and 67 of FA 2012 (as applied by section 141(2) of that Act) |
| normal time limit for amending a tax return | section 577(1) |
| Northern Ireland Chapter 6 firm | section 6B(3) |
| Northern Ireland Chapter 7 firm | section 6B(4) |
| Northern Ireland firm | section 6B(2) |
| F24an SME (Northern Ireland employer) company | section 6A |
| notice | section 577(1) |
| F25offshore installation (except in Chapter 13 of Part 2) | F26sections 1001 and 1002 of ITA 2007 and F27section 1132 of CTA 2010 |
| oil (in Chapter 3 of Part 12) | section 556(3) |
| oil licence (in Chapter 3 of Part 12) | section 552(1) |
| F28. . . | . . . |
| F29. . . | . . . |
| . . . | . . . |
| overseas property business | F30Chapter 2 of Part 3 of ITTOIA 2005 (as applied by section 989 of ITA 2007) and Chapter 2 of Part 4 of CTA 2009 (as applied by F31section 1119 of CTA 2010) |
| partial depreciation subsidy | section 209 |
| patent rights (in Part 8) | section 464(2) |
| planning permission (in Part 5) | section 436 |
| . . . | . . . |
| proceeds from a balancing event (in Part 3A) | section 360O |
| . . . | . . . |
| . . . | . . . |
| proceeds from a balancing event (in Part 10) | section 515 |
| property business | section 577(1) |
| public body (in Chapter 1 of Part 11) | section 532(2) |
| qualifying activity (in Part 2) | Chapter 2 of Part 2 |
| qualifying building (in Part 3A) | section 360C |
| . . . | . . . |
| qualifying business premises (in Part 3A) | section 360D |
| qualifying dwelling-house (in Part 10) | section 490(2) and Chapter 4 of Part 10 |
| . . . | . . . |
| qualifying emissions certificate (in Part 2) | section 268C |
| qualifying expenditure (in Part 3A) | section 360B |
| qualifying expenditure attributable to a dwelling-house (in Part 10) | section 511 |
| . . . | . . . |
| qualifying hire car (in Part 2) | section 82 |
| . . . | . . . |
| qualifying non-trade expenditure (in Part 8) | section 469 |
| qualifying trade expenditure (in Part 8) | section 468 |
| . . . | . . . |
| qualifying trade (in Part 9) | section 484(2) |
| . . . | . . . |
| . . . | . . . |
| F32. . . | . . . |
| F33relevant cut-off (in Chapter 9 of Part 2) | section 86(3) |
| relevant interest (in Part 3A) | Chapter 4 of Part 3A |
| . . . | . . . |
| . . . | . . . |
| relevant interest (in Part 10) | Chapter 2 of Part 10 |
| relevant trade (in Part 6) | section 439(3) |
| research and development | section F34437(2) and (3) |
| . . . | . . . |
| residue of qualifying expenditure (in Part 3A) | section 360K |
| . . . | . . . |
| . . . | . . . |
| residue of qualifying expenditure attributable to a dwelling-house (in Part 10) | section 512 |
| ring fence trade (in Chapter 13 of Part 2) | section 162(2) |
| sale | section 572(1) to (3) |
| sale, time of | section 572(4) |
| sale, transfers under PartsF35... 3A,... F36... and 10 treated as | section 573 |
| sale, treated as occurring on successions, for purposes of Parts other than Parts 2, 6 and 10 | section 559 |
| F37. . . | . . . |
| short-life asset (in Part 2) | section 83 |
| source of mineral deposits (in Part 5) | section 394(5) |
| special leasing (in Part 2) | section 19 |
| F38special rate expenditure (in Part 2) | section 104A |
| F39special tax site | section 573A |
| tax | F40section 1119 of CTA 2010 |
| the Tax Acts | Schedule 1 to the Interpretation Act 1978 and section 831 of ICTA |
| tax advantage | section 577(4) |
| tax return | section 3(3) |
| tax year | F41section 4(2) of ITA 2007 (as applied by section 989 of that Act) |
| F42. . . | . . . |
| UK oil licence | section 552(2) |
| F43UK property business | F44...Chapter 2 of Part 3 of ITTOIA 2005 F45(as applied by section 989 of ITA 2007) F46and Chapter 2 of Part 4 of CTA 2009 (as applied by F47section 1119 of CTA 2010) |
| United Kingdom | F48section 1013 of ITA 2007 and F49section 1170 of CTA 2010 |
| unrelieved qualifying expenditure (in Part 2) | section 59 |
| unrelieved qualifying expenditure (in Part 5) | section 419 |
| unrelieved qualifying expenditure (in Part 7) | section 461 |
| unrelieved qualifying expenditure (in Part 8) | section 475 |
| within the charge to tax | F50section 1009 of ITA 2007 and F51section 1167 of CTA 2010 |
| . . . | . . . |
| writing-down period (in Part 9) | section 487(2) |
Annotations
Textual amendments
- F1
Words in Sch. 1 Pt. 2 substituted (with effect in accordance with s. 1329(1) of the amending Act) by Corporation Tax Act 2009 (c. 4), s. 1329(1), Sch. 1 para. 522(3)(a) (with Sch. 2 Pts. 1, 2)
- F2
Sch. 1 Pt. 2 entries omitted (with effect in accordance with Sch. 27 para. 30(1) of the amending Act) by virtue of Finance Act 2008 (c. 9), Sch. 27 para. 19(2)
- F3
Words in Sch. 1 Pt. 2 inserted (with effect in accordance with Sch. 24 para. 23 of the amending Act) by Finance Act 2008 (c. 9), Sch. 24 para. 15
- F4
Words in Sch. 1 Pt. 2 inserted (with effect in accordance with Sch. 11 paras. 26, 27, 28(1) to the amending Act) by Finance Act 2009 (c. 10), Sch. 11 para. 23(3) (with Sch. 11 paras. 30-32)
- F5
Sch. 1 Pt. 2 entries inserted (with effect in accordance with s. 92 of the amending Act) by Finance Act 2005 (c. 7), Sch. 6 para. 11; S.I. 2007/949, art. 2
- F6
Sch. 1 Pt. 2 entries omitted (with effect in accordance with Sch. 39 para. 40 of the amending Act) by virtue of Finance Act 2012 (c. 14), Sch. 39 para. 38(8) (with Sch. 39 paras. 41, 42)
- F7
Sch. 1 Pt. 2 entries inserted (17.7.2012) by Finance Act 2012 (c. 14), Sch. 16 para. 107(3)
- F8
Words in Sch. 1 Pt. 2 inserted (6.4.2007) by Income Tax Act 2007 (c. 3), s. 1034(1), Sch. 1 para. 413(3)(a) (with Sch. 2)
- F9
Words in Sch. 1 Pt. 2 substituted (1.4.2010) (with effect in accordance with s. 1184(1) of the amending Act) by Corporation Tax Act 2010 (c. 4), s. 1184(1), Sch. 1 para. 365(3)(a) (with Sch. 2)
- F10
Words in Sch. 1 Pt. 2 repealed (18.4.2005) by Commissioners for Revenue and Customs Act 2005 (c. 11), s. 53(1), Sch. 4 para. 86(a), 5; S.I. 2005/1126, art. 2(2)(h)(i)
- F11
Words in Sch. 1 Pt. 2 substituted (with effect in accordance with Sch. 11 paras. 26, 27, 28(1) to the amending Act) by Finance Act 2009 (c. 10), Sch. 11 para. 23(2) (with Sch. 11 paras. 30-32)
- F12
Words in Sch. 1 Pt. 2 inserted (with effect in accordance with s. 1329(1) of the amending Act) by Corporation Tax Act 2009 (c. 4), s. 1329(1), Sch. 1 para. 522(3)(b) (with Sch. 2 Pts. 1, 2)
- F13
Words in Sch. 1 Pt. 2 substituted (1.4.2010) (with effect in accordance with s. 1184(1) of the amending Act) by Corporation Tax Act 2010 (c. 4), s. 1184(1), Sch. 1 para. 365(3)(b) (with Sch. 2)
- F14
Words in Sch. 1 Pt. 2 substituted (6.4.2007) by Income Tax Act 2007 (c. 3), s. 1034(1), Sch. 1 para. 413(3)(b) (with Sch. 2)
- F15
Words in Sch. 1 Pt. 2 Table inserted (with effect in accordance with s. 5 of the amending Act) by Corporation Tax (Northern Ireland) Act 2015 (c. 21), Sch. 1 para. 18
- F16
Words in Sch. 1 Pt. 2 substituted (1.4.2010) (with effect in accordance with s. 1184(1) of the amending Act) by Corporation Tax Act 2010 (c. 4), s. 1184(1), Sch. 1 para. 365(3)(c) (with Sch. 2)
- F17
Words in Sch. 1 Pt. 2 omitted (for the purposes of corporation tax, in relation to accounting periods beginning on or after 1.4.2025 and, for the purposes of income tax, in relation to periods of account beginning on or after 6.4.2025) by virtue of Finance Act 2025 (c. 8), Sch. 5 paras. 8(19)(a), 12(3) (with Sch. 5 paras. 15, 18, 19)
- F18
Words in Sch. 1 Pt. 2 omitted (11.7.2023) by virtue of Finance (No. 2) Act 2023 (c. 30), Sch. 23 para. 16(a)
- F19
Sch. 1: entry omitted (19.7.2011) by virtue of Finance Act 2011 (c. 11), s. 12(6)(b)
- F20
Sch. 1 Pt. 2: entries omitted (with effect in accordance with Sch. 14 para. 13 of the amending Act) by virtue of Finance Act 2011 (c. 11), Sch. 14 para. 12(17)(a)
- F21
Words in Sch. 1 Pt. 2 repealed (18.4.2005) by Commissioners for Revenue and Customs Act 2005 (c. 11), s. 53(1), Sch. 4 para. 86(b), 5; S.I. 2005/1126, art. 2(2)(h)(i)
- F22
Sch. 1 Pt. 2 entry omitted (17.7.2012) by virtue of Finance Act 2012 (c. 14), Sch. 16 para. 107(2)
- F23
Words in Sch. 1 Pt. 2 repealed (with effect in accordance with s. 167 of the amending Act) by Finance Act 2003 (c. 14), Sch. 43 Pt. 3(9)
- F24
Words in Sch. 1 substituted (16.11.2017) by Finance (No. 2) Act 2017 (c. 32), Sch. 7 para. 24(j)
- F25
Words in Sch. 1 Pt. 2 inserted (with effect in accordance with Sch. 27 para. 11 of the amending Act) by Finance Act 2004 (c. 12), Sch. 27 para. 10
- F26
Words in Sch. 1 Pt. 2 inserted (6.4.2007) by Income Tax Act 2007 (c. 3), s. 1034(1), Sch. 1 para. 413(3)(c) (with Sch. 2)
- F27
Words in Sch. 1 Pt. 2 substituted (1.4.2010) (with effect in accordance with s. 1184(1) of the amending Act) by Corporation Tax Act 2010 (c. 4), s. 1184(1), Sch. 1 para. 365(3)(d) (with Sch. 2)
- F28
Words in Sch. 1 Pt. 2 omitted (for the purposes of corporation tax, in relation to accounting periods beginning on or after 1.4.2025 and, for the purposes of income tax, in relation to periods of account beginning on or after 6.4.2025) by virtue of Finance Act 2025 (c. 8), Sch. 5 paras. 8(19)(b), 12(3) (with Sch. 5 paras. 15, 18, 19)
- F29
Words in Sch. 1 Pt. 2 omitted (for the purposes of corporation tax, in relation to accounting periods beginning on or after 1.4.2025 and, for the purposes of income tax, in relation to periods of account beginning on or after 6.4.2025) by virtue of Finance Act 2025 (c. 8), Sch. 5 paras. 8(19)(c), 12(3) (with Sch. 5 paras. 15, 18, 19)
- F30
Words in Sch. 1 Pt. 2 substituted (with effect in accordance with s. 1329(1) of the amending Act) by Corporation Tax Act 2009 (c. 4), s. 1329(1), Sch. 1 para. 522(3)(c) (with Sch. 2 Pts. 1, 2)
- F31
Words in Sch. 1 Pt. 2 substituted (1.4.2010) (with effect in accordance with s. 1184(1) of the amending Act) by Corporation Tax Act 2010 (c. 4), s. 1184(1), Sch. 1 para. 365(3)(e) (with Sch. 2)
- F32
Words in Sch. 1 Pt. 2 omitted (with effect in accordance with Sch. 1 para. 33 of the amending Act) by virtue of Finance Act 2021 (c. 26), Sch. 1 para. 17
- F33
Words in Sch. 1 inserted (19.7.2011) by Finance Act 2011 (c. 11), s. 12(6)(a)
- F34
Words in Sch. 1 Pt. 2 substituted (6.4.2007) by Income Tax Act 2007 (c. 3), s. 1034(1), Sch. 1 para. 413(3)(e) (with Sch. 2)
- F35
Word in Sch. 1 Pt. 2 omitted (with effect in accordance with Sch. 27 para. 30(1) of the amending Act) by virtue of Finance Act 2008 (c. 9), Sch. 27 para. 19(3)
- F36
Word in Sch. 1 Pt. 2 omitted (with effect in accordance with Sch. 39 para. 40 of the amending Act) by virtue of Finance Act 2012 (c. 14), Sch. 39 para. 38(9) (with Sch. 39 paras. 41, 42)
- F37
Sch. 1 Pt. 2 entry repealed (with effect in accordance with s. 1329(1) of the amending Act) by Corporation Tax Act 2009 (c. 4), s. 1329(1), Sch. 1 para. 522(3)(d), Sch. 3 Pt. 1 (with Sch. 2 Pts. 1, 2)
- F38
Words in Sch. 1 Pt. 2 inserted (with effect in accordance with Sch. 26 para. 14 of the amending Act) by Finance Act 2008 (c. 9), Sch. 26 para. 13
- F39
Words in Sch. 1 Pt. 2 inserted (11.7.2023) by Finance (No. 2) Act 2023 (c. 30), Sch. 23 para. 16(b)
- F40
Words in Sch. 1 Pt. 2 substituted (1.4.2010) (with effect in accordance with s. 1184(1) of the amending Act) by Corporation Tax Act 2010 (c. 4), s. 1184(1), Sch. 1 para. 365(3)(f) (with Sch. 2)
- F41
Words in Sch. 1 Pt. 2 substituted (6.4.2007) by Income Tax Act 2007 (c. 3), s. 1034(1), Sch. 1 para. 413(3)(g) (with Sch. 2)
- F42
Words in Sch. 1 Pt. 2 omitted (for the purposes of corporation tax, in relation to accounting periods beginning on or after 1.4.2025 and, for the purposes of income tax, in relation to periods of account beginning on or after 6.4.2025) by virtue of Finance Act 2025 (c. 8), Sch. 5 paras. 8(19)(d), 12(3) (with Sch. 5 paras. 15, 18, 19)
- F43
Words in Sch. 1 Pt. 2 inserted (6.4.2005) by Income Tax (Trading and Other Income) Act 2005 (c. 5), s. 883(1), Sch. 1 para. 574(3)(c) (with Sch. 2)
- F44
Words in Sch. 1 Pt. 2 repealed (6.4.2007) by Income Tax Act 2007 (c. 3), s. 1034(1), Sch. 1 para. 413(3)(h), Sch. 3 Pt. 1 (with Sch. 2)
- F45
Words in Sch. 1 Pt. 2 inserted (6.4.2007) by Income Tax Act 2007 (c. 3), s. 1034(1), Sch. 1 para. 413(3)(h) (with Sch. 2)
- F46
Words in Sch. 1 Pt. 2 inserted (with effect in accordance with s. 1329(1) of the amending Act) by Corporation Tax Act 2009 (c. 4), s. 1329(1), Sch. 1 para. 522(3)(e) (with Sch. 2 Pts. 1, 2)
- F47
Words in Sch. 1 Pt. 2 substituted (1.4.2010) (with effect in accordance with s. 1184(1) of the amending Act) by Corporation Tax Act 2010 (c. 4), s. 1184(1), Sch. 1 para. 365(3)(g) (with Sch. 2)
- F48
Words in Sch. 1 Pt. 2 substituted (6.4.2007) by Income Tax Act 2007 (c. 3), s. 1034(1), Sch. 1 para. 413(3)(i) (with Sch. 2)
- F49
Words in Sch. 1 Pt. 2 substituted (1.4.2010) (with effect in accordance with s. 1184(1) of the amending Act) by Corporation Tax Act 2010 (c. 4), s. 1184(1), Sch. 1 para. 365(3)(h) (with Sch. 2)
- F50
Words in Sch. 1 Pt. 2 inserted (6.4.2007) by Income Tax Act 2007 (c. 3), s. 1034(1), Sch. 1 para. 413(3)(j) (with Sch. 2)
- F51
Words in Sch. 1 Pt. 2 substituted (1.4.2010) (with effect in accordance with s. 1184(1) of the amending Act) by Corporation Tax Act 2010 (c. 4), s. 1184(1), Sch. 1 para. 365(3)(i) (with Sch. 2)