{
  "url": "https://openlegislation.uk/finance-act-1997/schedule-18/part-VI",
  "json_url": "https://openlegislation.uk/finance-act-1997/schedule-18/part-VI.json",
  "legislation": "ukpga/1997/16",
  "legislation_title": "Finance Act 1997",
  "legislation_url": "https://openlegislation.uk/finance-act-1997",
  "path": "schedule/18/part/VI",
  "kind": "part",
  "number": "VI",
  "heading": "Income Tax, Corporation Tax and Capital Gains Tax",
  "text": "(1) Additional rate of income tax\nChapter\nShort title\nExtent of repeal\n1988 c. 1.\nThe Income and Corporation Taxes Act 1988.\nIn section 832(1), the definition of “additional rate”.\n1988 c. 39.\nThe Finance Act 1988.\nSection 24(4).\nThese repeals have effect in relation to the year 1997-98 and subsequent years of assessment.\n(2) Wayleaves\nChapter\nShort title\nExtent of repeal\n1970 c. 9.\nThe Taxes Management Act 1970.\nIn section 42(7)(a) (as it has effect by virtue of section 196 of the Finance Act 1994), the words “120(2),”.\n1988 c. 1.\nThe Income and Corporation Taxes Act 1988.\nIn section 1A(2)(a)(ii), the words “or 120”.\nIn section 3, paragraph (c) and the word “or” immediately preceding it.\nSection 74(1)(q).\nIn section 120—\n(a) in subsection (1), the words from “and, subject to” onwards;\n(b) subsections (2) to (4); and\n(c) in subsection (5), paragraph (c) and the word “and” immediately preceding it.\nIn section 348(2), paragraph (b) and the word “or” immediately preceding it.\nIn section 349(1), paragraph (c) and the word “or” immediately preceding it.\nSection 387(3)(c).\nIn section 821(3), paragraph (c) and the word “and” immediately preceding it.\nThese repeals have effect in relation to payments made on or after 6th April 1997.\n(3) Profit-related pay\nChapter\nShort title\nExtent of repeal\n1970 c. 9.\nThe Taxes Management Act 1970.\nIn section 98, in the Table—\n(a) in the first column, the entry relating to section 181(1) of the Taxes Act 1988; and\n(b) in the second column, the entry relating to section 180(1) of that Act.\n1988 c. 1.\nThe Income and Corporation Taxes Act 1988.\nSections 169 to 184.\nSchedule 8.\n1988 c. 39.\nThe Finance Act 1988.\nIn Schedule 13, paragraph 4.\n1989 c. 26.\nThe Finance Act 1989.\nSection 42(4).\nSection 61.\nSchedule 4.\nIn Schedule 12, paragraph 18.\n1989 c. 40.\nThe Companies Act 1989.\nIn Schedule 10, paragraph 38(2).\nS.I. 1990/593 (N.I. 5).\nThe Companies (Northern Ireland) Order 1990.\nIn Schedule 10, paragraph 30(1).\n1991 c. 31.\nThe Finance Act 1991.\nSection 37.\n1994 c. 9.\nThe Finance Act 1994.\nSections 98 and 99.\n1995 c. 4.\nThe Finance Act 1995.\nSection 136.\nSection 137(1) and (6).",
  "extent": "E+W+S+N.I.",
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "C",
      "label": "C1",
      "text": "Sch. 18 Pt. VI(3) extended (31.7.1998) by 1997 c. 58, s. 4(7) (with s. 3(3))"
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/ukpga/1997/16/schedule/18/part/VI",
    "retrieved_at": "2026-10-29T09:27:43.076653+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}