{
  "url": "https://openlegislation.uk/finance-act-1998/schedule-18/paragraph-1",
  "json_url": "https://openlegislation.uk/finance-act-1998/schedule-18/paragraph-1.json",
  "legislation": "ukpga/1998/36",
  "legislation_title": "Finance Act 1998",
  "legislation_url": "https://openlegislation.uk/finance-act-1998",
  "path": "schedule/18/paragraph/1",
  "kind": "paragraph",
  "number": "1",
  "heading": null,
  "text": "In this Schedule “tax” means corporation tax including, except as otherwise indicated, any amount assessable or chargeable as if it was corporation tax.\nAmounts are assessable or chargeable as if they were corporation tax under—\nsection 269DA of the Corporation Tax Act 2010 (surcharge on banking companies),\nsection 455 of that Act (tax on loan or advance made by close company to a participator),\nsection 464A of that Act (tax on other benefit conferred on participator),\nsection 330(1) of that Act (supplementary charge in respect of ring fence trades), ...\nstep 5 in section 371BC(1) of the Taxation (International and Other Provisions) Act 2010 (controlled foreign companies), ...\nparagraphs 50 and 51 of Schedule 19 to the Finance Act 2011 (the bank levy), ...\nsection 33 of the Finance Act 2022 (residential property developer tax) , and\nsection 1 of the Energy (Oil and Gas) Profits Levy Act 2022.",
  "extent": "E+W+S+N.I.",
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "F",
      "label": "F1",
      "text": "Words in Sch. 18 para. 1 inserted (with effect in accordance with Sch. 3 Pt. 3 of the amending Act) by Finance (No. 2) Act 2015 (c. 33), Sch. 3 para. 3(2)(a)"
    },
    {
      "type": "F",
      "label": "F2",
      "text": "Words in Sch. 18 para. 1 substituted (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. 297(2)(a) (with Sch. 2)"
    },
    {
      "type": "F",
      "label": "F3",
      "text": "Words in Sch. 18 para. 1 substituted (with effect in accordance with Sch. 3 Pt. 3 of the amending Act) by Finance (No. 2) Act 2015 (c. 33), Sch. 3 para. 3(2)(b)"
    },
    {
      "type": "F",
      "label": "F4",
      "text": "Words in Sch. 18 para. 1 inserted (retrospective to 20.3.2013) by Finance Act 2013 (c. 29), Sch. 30 para. 13(2)(5)"
    },
    {
      "type": "F",
      "label": "F5",
      "text": "Words in Sch. 18 para. 1 substituted (24.7.2002) by 2002 c. 23, s. 92(3)"
    },
    {
      "type": "F",
      "label": "F6",
      "text": "Words in Sch. 18 para. 1 substituted (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. 297(2)(b) (with Sch. 2)"
    },
    {
      "type": "F",
      "label": "F7",
      "text": "Word in Sch. 18 para. 1 omitted (in relation to accounting periods beginning on or after 1.4.2022) by virtue of Finance Act 2022 (c. 3), s. 51(1), Sch. 8 para. 2(2)(a)"
    },
    {
      "type": "F",
      "label": "F8",
      "text": "Words in Sch. 18 para. 1 substituted (17.7.2012) by Finance Act 2012 (c. 14), Sch. 20 para. 17(2) (with Sch. 20 para. 50(9))"
    },
    {
      "type": "F",
      "label": "F9",
      "text": "Words in Sch. 18 para. 1 inserted (19.7.2011) by Finance Act 2011 (c. 11), Sch. 19 para. 61"
    },
    {
      "type": "F",
      "label": "F10",
      "text": "Word in Sch. 18 para. 1 omitted (in relation to accounting periods beginning on or after 1.4.2022) by virtue of Finance Act 2022 (c. 3), s. 51(1), Sch. 8 para. 2(2)(b)"
    },
    {
      "type": "F",
      "label": "F11",
      "text": "Words in Sch. 18 para. 1 inserted (in relation to accounting periods beginning on or after 1.4.2022) by Finance Act 2022 (c. 3), s. 51(1), Sch. 8 para. 2(2)(c)"
    },
    {
      "type": "F",
      "label": "F12",
      "text": "Word in Sch. 18 para. 1 omitted (14.7.2022) by virtue of Energy (Oil and Gas) Profits Levy Act 2022 (c. 40), Sch. 2 para. 2(2)(a) (with ss. 15(1), 16(1))"
    },
    {
      "type": "F",
      "label": "F13",
      "text": "Words in Sch. 18 para. 1 inserted (14.7.2022) by Energy (Oil and Gas) Profits Levy Act 2022 (c. 40), Sch. 2 para. 2(2)(b) (with ss. 15(1), 16(1))"
    },
    {
      "type": "C",
      "label": "C1",
      "text": "Sch. 18 para. 1 modified (11.7.2023) by Finance (No. 2) Act 2023 (c. 30), s. 302(4)(b)"
    },
    {
      "type": "C",
      "label": "C2",
      "text": "Sch. 18 applied (with modifications) (11.7.2023) by Finance (No. 2) Act 2023 (c. 30), s. 303(7)(8) (with s. 303(6))"
    }
  ],
  "outstanding_effects": [
    {
      "type": "omitted",
      "affecting": "ukpga/2024/3",
      "affecting_title": "Finance Act 2024"
    },
    {
      "type": "omitted",
      "affecting": "ukpga/2024/3",
      "affecting_title": "Finance Act 2024"
    },
    {
      "type": "omitted",
      "affecting": "ukpga/2024/3",
      "affecting_title": "Finance Act 2024"
    }
  ],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/ukpga/1998/36/schedule/18/paragraph/1",
    "retrieved_at": "2026-10-29T09:22:30.566925+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."
}