OpenLegislation

Finance Act 1925

Geo5/15-16 c. 36 · Enacted 30 June 1925 · Extends to United Kingdom

Up to date with all changes known to legislation.gov.uk, revised to 18 March 2026.

An Act to grant certain Duties of Customs and Inland Revenue (including Excise), to alter other Duties, and to amend the law relating to Customs and Inland Revenue (including Excise) and the National Debt, and to make further provision in connection with Finance.[30th June 1925]I1C1C2X1

Annotations to the whole text

Modifications

C1

Words of enactment omitted under authority of Statute Law Revision Act 1948 (c. 62), s. 3

C2

General amendments made by Taxes Management Act 1970 (c. 9, SIF 63:1), s. 41A(7) (as added by Finance Act 1990 (c. 29, SIF 63:1), s. 95(1)(2)), British Telecommunications Act 1981 (c. 38, SIF 96), s. 82(2)(7); Telecommunications Act 1984 (c. 12, SIF 96), s. 72(3); Finance Act 1984 (c. 43, SIF 63:1), ss. 82(6), 85(2), 89(1)(7), 96(1)(7), 98(7), Sch. 9 para. 3(2)(9), Sch. 16 paras. 6, 12 and Finance Act 1985 (c. 54, SIF 63:1), ss. 72(1), 74(5), Sch. 23 para. 15(4), S.I. 1987/530, regs. 11(2), 13(1), 14, Income and Corporation Taxes Act 1988 (c. 1, SIF 63:1), ss. 4, 6, 7, 9, 32, 34, 78, 134, 135, 141, 142, 185, 191, 193, 194, 195, 200, 203, 209, 212, 213, 219, 247, 253, 272, 287, 314, 315, 317, 318, 325, 326, 327, 345, 350, 351, 368, 375, 381, 397, 414, 432, 440, 442, 446, 458, 460, 461, 463, 463(2)(3) (as added by Finance Act 1990 (c. 29, SIF 63:1), s. 50(2) ), 468, 474, 475, 486, 490, 491, 503, 511, 518, 524, 532, 544, 550, 556, 558, 569, 572, 582, 595, 601, 613, 617, 619, 621, 639, 656, 660, 663, 676, 689, 691, 694, 700, 701, 714, 716, 739, 743, 754, 763, 776, 780, 781, 782, 787, 789, 811, 828, 829, 832, 833, 834, 835, 837, 838, 839, 840, 841, 842, Sch. 2 para. 5, Sch. 4 para. 5, Sch. 13 para. 10, Sch. 16 para. 10, Sch. 21 para. 6, Sch. 26 para. 1, Sch. 27 para. 20, Finance Act 1988 (c. 39, SIF 63:1), ss. 66, 127(1)(6), Sch. 12 para. 6, Capital Allowances Act 1990 (c. 1, SIF 63:1), ss. 28(1), 68(8), 74, 82, 83(5), 148(5), 163(4), 164(2), S.I. 1990/627 and Finance Act 1990 (c. 29, SIF 63:1), s. 25(10)

Commencement

I1

Act wholly in force at Royal Assent.

Editorial notes

X1

General amendments to Tax Acts, Income Tax Acts, and/or Corporation Tax Acts made by legislation after 1.2.1991 are noted against Income and Corporation Taxes Act 1988 (c. 1, SIF 63:1) but not against each Act

Contents

  1. Part I
  2. 1. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Repealed
  3. 3. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Repealed
  4. 4. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Repealed
  5. 5. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Repealed
  6. 6. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Repealed
  7. 7. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Repealed
  8. 8. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Repealed
  9. 9. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Repealed
  10. 10. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Repealed
  11. 11. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Repealed
  12. Part II
  13. 13. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Repealed
  14. Part III
  15. 22. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Repealed
  16. 23. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Repealed
  17. 24. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Repealed
  18. Part IV: General
  19. 25Liability of Dominion Governments to taxation in respect of trading operations. Repealed
  20. 26. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Repealed
  21. 27. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Repealed
  22. 28†Construction, short title, application and repeal.
  23. Schedule FIRST SCHEDULE
  24. Schedule SECOND AND THIRD SCHEDULES
  25. Schedule Fourth SCHEDULE
  26. Schedule FIFTH SCHEDULE

1. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .F1

3. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .F1

4. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .F1

5. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .F1

6. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .F1

7. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .F1

8. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .F1

9. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .F1

10. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .F1

11. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .F1

13. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .F1

22. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .F1

23. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .F1

24. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .F1

25Liability of Dominion Governments to taxation in respect of trading operations.F1

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

26. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .F1

27. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .F1

28†Construction, short title, application and repeal.C1

(1)

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . F1

(2)

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . F2

(3)

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . F3

(4)

This Act may be cited as the Finance Act, 1925.

(5)

Such of the provisions of this Act as relate to matters with respect to which the Parliament of Northern Ireland has power to make laws shall not extend to Northern Ireland.

(6)

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . F4