OpenLegislation

Finance Act 2012

2012 c. 14 · Enacted 17 July 2012 · Extends to United Kingdom

Up to date with all changes known to legislation.gov.uk, revised to 1 April 2026.

An Act to grant certain duties, to alter other duties, and to amend the law relating to the National Debt and the Public Revenue, and to make further provision in connection with finance.[17th July 2012]

Most Gracious Sovereign

WE, Your Majesty's most dutiful and loyal subjects, the Commons of the United Kingdom in Parliament assembled, towards raising the necessary supplies to defray Your Majesty's public expenses, and making an addition to the public revenue, have freely and voluntarily resolved to give and to grant unto Your Majesty the several duties hereinafter mentioned; and do therefore most humbly beseech Your Majesty that it may be enacted, and be it enacted by the Queen's most Excellent Majesty, by and with the advice and consent of the Lords Spiritual and Temporal, and Commons, in this present Parliament assembled, and by the authority of the same, as follows:—

Contents

  1. Part 1: Income tax, corporation tax and capital gains tax
  2. Chapter 1: Income tax and corporation tax charges and rate bands
  3. Income tax
  4. 1Charge for 2012-13 and rates for 2012-13 and subsequent tax years
  5. 2Basic rate limit for 2012-13
  6. 3Personal allowance for 2012-13 for those aged under 65
  7. 4Personal allowances from 2013
  8. Corporation tax
  9. 5Main rate of corporation tax for financial year 2012
  10. 6Charge and main rate for financial year 2013
  11. 7Small profits rate and fractions for financial year 2012
  12. Chapter 2: Income tax: general
  13. Child benefit
  14. 8High income child benefit charge
  15. Anti-avoidance
  16. 9Post-cessation trade or property relief: tax-generated payments or events
  17. 10Property loss relief against general income: tax-generated agricultural expenses
  18. 11Gains from contracts for life insurance etc
  19. 12Settlements: income originating from settlors other than individuals
  20. Reliefs
  21. 13Champions League final 2013
  22. 14Cars: security features not to be regarded as accessories
  23. 15Termination payments to MPs ceasing to hold office
  24. 16Employment income exemptions: armed forces
  25. Other provisions
  26. 17Taxable benefits: “the appropriate percentage” for cars for 2014-15
  27. 18Qualifying time deposits
  28. Chapter 3: Corporation tax: general
  29. Support for business
  30. 19Profits arising from the exploitation of patents etc
  31. 20Relief for expenditure on R&D
  32. 21Real estate investment trusts
  33. Anti-avoidance
  34. 22Treatment of the receipt of manufactured overseas dividends Repealed
  35. 23Loan relationships: debts becoming held by connected company
  36. 24Companies carrying on businesses of leasing plant or machinery
  37. Insurance
  38. 25Corporate members of Lloyd's: stop-loss insurance and quota share contracts
  39. 26Abolition of relief for equalisation reserves: general insurers
  40. 27Election to accelerate receipts under s.26(4)
  41. 28Deemed receipts under s.26(4): double taxation relief
  42. 29Transfer of whole or part of the business
  43. 30Abolition of relief for equalisation reserves: Lloyd's corporate members etc
  44. Miscellaneous
  45. 31Tax treatment of financing costs and income Repealed
  46. 32Group relief: meaning of “normal commercial loan”
  47. 33Company distributions
  48. Chapter 4: Capital gains
  49. 34Annual exempt amount
  50. 35Foreign currency bank accounts
  51. 36Collective investment schemes: chargeable gains
  52. 37Roll-over relief
  53. Chapter 5: Miscellaneous
  54. Enterprise incentives
  55. 38Seed enterprise investment scheme
  56. 39Enterprise investment scheme
  57. 40Venture capital trusts
  58. Capital allowances
  59. 41Plant and machinery: restricting exception for manufacturers and suppliers
  60. 42Plant and machinery allowances: anti-avoidance
  61. 43Plant and machinery allowances: fixtures
  62. 44Expenditure on plant and machinery for use in designated assisted areas
  63. 45Allowances for energy-saving plant and machinery
  64. 46Plant and machinery: long funding leases
  65. Foreign income and gains
  66. 47Foreign income and gains
  67. Pensions
  68. 48Employer asset-backed pension contributions etc
  69. Charitable giving etc
  70. 49Gifts to the nation
  71. 50Gift aid: giving through self-assessment return
  72. 51Relief for gift aid and other income of charities etc
  73. 52Meaning of “community amateur sports club”
  74. Other provisions
  75. 53Site restoration payments
  76. 54Changes of accounting policy
  77. Part 2: Insurance companies carrying on long-term business
  78. Chapter 1: Introductory
  79. Outline of provisions of Part
  80. 55Overview
  81. Meaning of “life assurance business”
  82. 56Meaning of “life assurance business”
  83. Meaning of “basic life assurance and general annuity business”
  84. 57Meaning of “basic life assurance and general annuity business”
  85. 58Section 57: meaning of “pension business”
  86. 59Section 57: meaning of “child trust fund business”
  87. 60Section 57: meaning of “individual savings account business”
  88. 61Section 57: meaning of “overseas life assurance business”
  89. 62Section 57: meaning of “protection business”
  90. Meaning of “long-term business” and “PHI business”
  91. 63Meaning of “long-term business” and “PHI business”
  92. Meaning of contract of “insurance” or “long-term insurance” and “insurance company”
  93. 64Meaning of “contract of insurance” and “contract of long-term insurance”
  94. 65Meaning of “insurance company”
  95. Chapter 2: Charge to tax on I - E basis etc
  96. Separate businesses etc
  97. 66Separate businesses for BLAGAB and other long-term business
  98. 67Exception where BLAGAB small part of long-term business
  99. BLAGAB taxed on I - E basis
  100. 68Charge to tax on I - E profit
  101. 69Exclusion of charge under s.35 of CTA 2009 etc
  102. 70Rules for calculating I - E profit or excess BLAGAB expenses
  103. Non-BLAGAB long-term business
  104. 71Charge to tax on profits of non-BLAGAB long-term business
  105. PHI only business
  106. 72Companies carrying on only PHI business
  107. Chapter 3: The I - E basis
  108. Introduction
  109. 73The I - E basis
  110. Definitions of expressions comprising “I”
  111. 74Meaning of “income”
  112. 75Meaning of “BLAGAB chargeable gains” etc
  113. Definitions of expressions comprising “E”
  114. 76Meaning of “adjusted BLAGAB management expenses”
  115. 77Section 76: meaning of “ordinary BLAGAB management expenses” etc
  116. 78Section 76: meaning of other expressions
  117. 79Spreading of acquisition expenses Repealed
  118. 80Section 79: meaning of “acquisition expenses” Repealed
  119. 81Amounts treated as ordinary BLAGAB management expenses
  120. 82Restrictions in relation to ordinary BLAGAB management expenses
  121. 83General annuity business
  122. 84General annuity business: meaning of “steep-reduction annuity” etc
  123. 85General annuity business: payments made in pre-1992 accounting periods
  124. Special rules applying to I - E basis
  125. 86Separate property businesses for BLAGAB etc
  126. 87Losses from property businesses where land held for long-term business
  127. 88Loan relationships, derivative contracts and intangible fixed assets
  128. 89Miscellaneous income and losses
  129. 90Investment return where risk in respect of policy or contract re-insured
  130. 91Regulations under section 90(4): supplementary provision
  131. Deemed I - E receipts
  132. 92Certain BLAGAB trading receipts to count as deemed I - E receipts
  133. Minimum profits charge
  134. 93Minimum profits test
  135. 94Adjustment of I - E profit or excess BLAGAB expenses
  136. Non-BLAGAB allowable losses
  137. 95Use of non-BLAGAB allowable losses to reduce I - E profit
  138. Overseas life insurance companies
  139. 96Expenses referable to exempt FOTRA profits
  140. Chapter 4: Apportionment rules for I - E charge
  141. Introduction
  142. 97Application of Chapter
  143. Allocation of income, losses and expenses
  144. 98Commercial allocation
  145. Allocation of chargeable gains and allowable losses on disposals of assets
  146. 99Application of sections 100 and 101
  147. 100Assets wholly or partly matched to BLAGAB liabilities
  148. 101Commercial allocation for disposals not wholly dealt with by section 100
  149. Chapter 5: I - E profit: policyholders' rate of tax
  150. Tax rate on policyholders' share of I - E profit
  151. 102Policyholders' rate of tax on policyholders' share of I - E profit
  152. 103Rules for determining policyholders' share of I - E profit
  153. 104Meaning of “the adjusted amount”
  154. 105Meaning of “BLAGAB non-taxable distributions” and “shareholders' share”
  155. Policyholder tax and calculation of BLAGAB trade profit or loss
  156. 106Deduction for current policyholder tax
  157. 107Expenses or receipts for deferred policyholder tax
  158. 108Meaning of “the closing deferred policyholder tax balance” etc
  159. Chapter 6: Trade calculation rules applying to long-term business
  160. 109Application of Chapter
  161. 110Allocations to policyholders
  162. 111Dividends and other distributions
  163. 112Index-linked gilt-edged securities
  164. 113Receipts or expenses relating to long-term business fixed capital
  165. Chapter 7: Trading apportionment rules
  166. 114Application of Chapter
  167. 115Commercial allocation of accounting profit or loss and tax adjustments
  168. Chapter 8: Assets held for purposes of long-term business
  169. Transfers of assets from different categories
  170. 116UK life insurance companies
  171. 117Overseas life insurance companies: rule corresponding to s.116
  172. 118Transfers of business and transfers within a group
  173. Share pooling rules
  174. 119UK life insurance companies
  175. 120Overseas life insurance companies: rule corresponding to s.119
  176. 121Sections 119 and 120: supplementary
  177. Long-term business fixed capital
  178. 122Assets forming part of long-term business fixed capital
  179. Chapter 9: Relief for BLAGAB trade losses etc
  180. The reliefs
  181. 123Relief for BLAGAB trade losses against total profits
  182. 124Carry forward of pre-1 April 2017 BLAGAB trade losses against subsequent profits
  183. 124ACarry forward of post-1 April 2017 BLAGAB trade losses against subsequent profits
  184. 124BExcess carried forward post-1 April 2017 losses: relief against total profits
  185. 124CFurther carry forward against subsequent profits of post-1 April 2017 loss not fully used
  186. 124DRestriction on deductions from BLAGAB trade profits Repealed
  187. 124ESection 124D: shock losses excluded from the restriction Repealed
  188. 125Group relief
  189. Restrictions
  190. 126Restrictions in respect of non-trading deficit
  191. 127No relief against policyholders' share of I - E profit
  192. Chapter 10: Transfers of long-term business
  193. Transfers of BLAGAB
  194. 128Relief for transferee in respect of transferor's excess BLAGAB expenses
  195. 129Intra-group transfers and demutualisation
  196. 130Transfers between non-group companies: present value of in-force business
  197. 130ARe-insurance in the course of transfer of BLAGAB
  198. Transfers of non-BLAGAB long-term business
  199. 131Application of ss. 129 and 130 to transfers of non-BLAGAB long-term business
  200. Transfers of long-term business: anti-avoidance
  201. 132Anti-avoidance
  202. 133Clearance procedure
  203. 134Section 133: supplementary
  204. Interpretation
  205. 135Meaning of “group” of companies
  206. Chapter 11: Definitions
  207. 136Meaning of “BLAGAB trade profit” and “BLAGAB trade loss”
  208. 137Meaning of “the long-term business fixed capital”
  209. 138Meaning of assets that are “matched to” liabilities
  210. 139Minor definitions
  211. 140Abbreviations
  212. 141Index of defined terms, etc
  213. Chapter 12: Supplementary
  214. Powers conferred on Treasury or HMRC Commissioners
  215. 142Power to amend Part 2 etc
  216. 143Power to amend definition of “insurance business transfer scheme” etc
  217. 144Power to modify provisions applying to overseas life insurance companies
  218. 145Orders and regulations
  219. Minor and consequential amendments and transitional provision
  220. 146Minor and consequential amendments
  221. 147Transitional provision
  222. Commencement etc
  223. 148Commencement
  224. 149Accounting periods straddling 1 January 2013
  225. Part 3: Friendly societies carrying on long-term business
  226. Outline of provisions of Part
  227. 150Overview
  228. Long-term business rules to apply to friendly societies
  229. 151Friendly societies subject to same basic rules as mutual insurers
  230. 152Friendly societies subject to transfer of business rules
  231. Exempt BLAGAB or eligible PHI business
  232. 153Exemption for certain BLAGAB or eligible PHI business
  233. 154Meaning of “BLAGAB or eligible PHI business”
  234. 155Meaning of “exempt” BLAGAB or eligible PHI business
  235. 156Societies with no provision for assuring gross sums exceeding £2,000 etc
  236. 157Transfers to friendly societies
  237. 158Transfers from friendly societies to insurance companies etc
  238. 159Exception in case of breach of maximum benefits payable to members
  239. Exempt BLAGAB or eligible PHI business: benefits payable by friendly societies etc
  240. 160Maximum benefits payable to members
  241. 161Section 160: supplementary
  242. 162Section 160: statutory declarations
  243. Exempt BLAGAB or eligible PHI business: directions to old societies
  244. 163Directions given to old societies
  245. Exemption for other business
  246. 164Societies registered before 1 June 1973, etc
  247. 165Incorporated friendly societies
  248. 166Transfers from friendly societies to insurance companies etc
  249. 167Transfers between friendly societies
  250. 168Withdrawal of qualifying status
  251. 169Payments by non-qualifying societies treated as qualifying distributions
  252. Miscellaneous
  253. 170Transfer schemes under s.6(5) of FSA 1992
  254. 171Exemption for unregistered friendly societies
  255. Interpretation
  256. 172Minor definitions
  257. 173Abbreviations
  258. 174Index of defined terms
  259. Regulations
  260. 175Regulations
  261. Consequential amendments and transitional provision
  262. 176Consequential amendments
  263. 177Transitional provision
  264. Commencement etc
  265. 178Commencement
  266. 179Accounting periods straddling 1 January 2013
  267. Part 4: Controlled foreign companies and foreign permanent establishments
  268. 180Controlled foreign companies and foreign permanent establishments
  269. Part 5: Oil
  270. 181Transfers within a group by companies carrying on ring fence trade
  271. 182Supplementary charge
  272. 183Relief in respect of decommissioning expenditure
  273. 184Reduction of supplementary charge for certain oil fields
  274. Part 6: Excise duties
  275. Tobacco products duty
  276. 185Rates of tobacco products duty
  277. Alcoholic liquor duties
  278. 186Rates of alcoholic liquor duties
  279. 187Repeal of drawback on British compounds and spirits of wine
  280. Hydrocarbon oil etc duties
  281. 188Rates of duty and rebates from 1 August 2012 to 31 December 2012
  282. 189Rebated fuel: private pleasure craft Repealed
  283. Air passenger duty
  284. 190Air passenger duty
  285. Gambling duties
  286. 191Machine games duty
  287. 192Amusement machine licence duty
  288. 193Rates of gaming duty
  289. 194Remote gambling: double taxation relief
  290. Vehicle excise duty
  291. 195VED rates for light passenger vehicles, light goods vehicles, motorcycles etc
  292. Part 7: Value added tax
  293. 196Changes to the categorisation of supplies
  294. 197Exempt supplies
  295. 198Supply of goods or services by public bodies
  296. 199Relief from VAT on low value goods: restriction relating to Channel Islands
  297. 200Group supplies using an overseas member
  298. 201Face-value vouchers
  299. 202Power to require notification of arrival of means of transport in UK
  300. 203Non-established taxable persons
  301. 204Administration of VAT
  302. Part 8: Other taxes
  303. Landfill tax
  304. 205Standard rate of landfill tax
  305. 206Landfill sites in Scotland
  306. Climate change levy
  307. 207Climate change levy
  308. Inheritance tax
  309. 208Indexation of rate bands
  310. 209Gifts to charities etc
  311. 210Settled property: effect of certain arrangements
  312. Bank levy
  313. 211The bank levy
  314. Stamp duty land tax, stamp duty reserve tax and stamp duty
  315. 212Prevention of avoidance: subsales etc
  316. 213Rate in respect of residential property where consideration over £2m
  317. 214Higher rate for certain transactions
  318. 215Disclosure of stamp duty land tax avoidance schemes
  319. 216Health service bodies
  320. 217Collective investment schemes: stamp duty and stamp duty reserve tax
  321. Part 9: Miscellaneous matters
  322. International matters
  323. 218Agreement between UK and Switzerland
  324. 219Penalties: offshore income etc
  325. 220International military headquarters, EU forces, etc
  326. Financial sector regulation
  327. 221Tax consequences of financial sector regulation
  328. Incapacitated persons and minors
  329. 222Removal of special provision for incapacitated persons and minors
  330. Administration
  331. 223Tax advisers: sanctionable conduct
  332. 224Information powers
  333. 225PAYE regulations: information
  334. High value residential property or dwellings
  335. 226New tax on ownership of high-value residential properties or dwellings
  336. Miscellaneous reliefs etc
  337. 227Repeals of miscellaneous reliefs etc
  338. Part 10: Final provisions
  339. 228Interpretation
  340. 229Short title
  341. Schedule 1: High income child benefit charge
  342. The high income child benefit charge
  343. 1Paragraph 1
  344. Consequential amendments
  345. 2Paragraph 2
  346. 3Paragraph 3
  347. 4Paragraph 4
  348. 5Paragraph 5
  349. 6Paragraph 6
  350. Commencement
  351. 7Paragraph 7
  352. Schedule 2: Profits arising from the exploitation of patents etc
  353. Part 1: Amendments of CTA 2010
  354. 1Paragraph 1
  355. Part 2: Amendments of TIOPA 2010
  356. 2Paragraph 2
  357. 3Paragraph 3
  358. 4Paragraph 4
  359. 5Paragraph 5
  360. 6Paragraph 6
  361. Part 3: Commencement and transitional provision
  362. Application
  363. 7Paragraph 7
  364. Special treatment of profits from patents etc to be phased in
  365. 8Paragraph 8
  366. Schedule 3: Relief for expenditure on R&D
  367. Introductory
  368. 1Paragraph 1
  369. Amount of relief for expenditure on R&D by small or medium-sized enterprises (“SMEs”)
  370. 2Paragraph 2
  371. Removal of R&D threshold
  372. 3Paragraph 3
  373. 4Paragraph 4
  374. 5Paragraph 5
  375. 6Paragraph 6
  376. 7Paragraph 7 Repealed
  377. 8Paragraph 8
  378. Company not a going concern when in administration or liquidation
  379. 9Paragraph 9
  380. 10Paragraph 10
  381. 11Paragraph 11
  382. 12Paragraph 12 Repealed
  383. 13Paragraph 13 Repealed
  384. 14Paragraph 14 Repealed
  385. Removal of limit on amount of tax credit based on PAYE and NIC liabilities
  386. 15Paragraph 15
  387. Abolition of vaccine research relief for SMEs
  388. 16Paragraph 16
  389. 17Paragraph 17 Repealed
  390. 18Paragraph 18
  391. 19Paragraph 19
  392. 20Paragraph 20 Repealed
  393. 21Paragraph 21 Repealed
  394. 22Paragraph 22 Repealed
  395. 23Paragraph 23 Repealed
  396. 24Paragraph 24 Repealed
  397. 25Paragraph 25 Repealed
  398. 26Paragraph 26 Repealed
  399. 27Paragraph 27 Repealed
  400. 28Paragraph 28 Repealed
  401. 29Paragraph 29 Repealed
  402. 30Paragraph 30 Repealed
  403. 31Paragraph 31
  404. 32Paragraph 32
  405. Qualifying expenditure on externally provided workers
  406. 33Paragraph 33
  407. 34Paragraph 34
  408. 35Paragraph 35
  409. 36Paragraph 36
  410. 37Paragraph 37
  411. Application
  412. 38Paragraph 38
  413. 39Paragraph 39
  414. 40Paragraph 40
  415. Schedule 4: Real estate investment trusts
  416. Introduction
  417. 1Paragraph 1
  418. Being a UK REIT: conditions for company - close companies
  419. 2Paragraph 2
  420. 3Paragraph 3
  421. 4Paragraph 4
  422. 5Paragraph 5
  423. 6Paragraph 6
  424. 7Paragraph 7
  425. 8Paragraph 8
  426. 9Paragraph 9
  427. 10Paragraph 10
  428. 11Paragraph 11
  429. 12Paragraph 12
  430. 13Paragraph 13
  431. Being a UK REIT: conditions for company - trading of shares on recognised stock exchange
  432. 14Paragraph 14
  433. 15Paragraph 15
  434. 16Paragraph 16
  435. 17Paragraph 17
  436. 18Paragraph 18
  437. 19Paragraph 19
  438. 20Paragraph 20
  439. 21Paragraph 21
  440. Being a UK REIT: condition as to distribution of profits
  441. 22Paragraph 22
  442. 23Paragraph 23
  443. 24Paragraph 24
  444. 25Paragraph 25
  445. 26Paragraph 26
  446. Being a UK REIT: conditions as to balance of business
  447. 27Paragraph 27
  448. 28Paragraph 28
  449. 29Paragraph 29
  450. 30Paragraph 30
  451. 31Paragraph 31
  452. 32Paragraph 32
  453. Abolition of entry charge
  454. 33Paragraph 33
  455. 34Paragraph 34
  456. 35Paragraph 35
  457. 36Paragraph 36
  458. 37Paragraph 37
  459. 38Paragraph 38
  460. 39Paragraph 39
  461. Financing cost ratio
  462. 40Paragraph 40
  463. 41Paragraph 41
  464. 42Paragraph 42
  465. Disposal of assets
  466. 43Paragraph 43
  467. 44Paragraph 44
  468. Schedule 5: Tax treatment of financing costs and income Repealed
  469. 1Paragraph 1 Repealed
  470. 2Paragraph 2 Repealed
  471. 3Paragraph 3 Repealed
  472. 4Paragraph 4 Repealed
  473. 5Paragraph 5 Repealed
  474. 6Paragraph 6 Repealed
  475. 7Paragraph 7 Repealed
  476. 8Paragraph 8 Repealed
  477. 9Paragraph 9 Repealed
  478. 10Paragraph 10 Repealed
  479. 11Paragraph 11 Repealed
  480. 12Paragraph 12 Repealed
  481. 13Paragraph 13 Repealed
  482. 14Paragraph 14 Repealed
  483. 15Paragraph 15 Repealed
  484. 16Paragraph 16 Repealed
  485. 17Paragraph 17 Repealed
  486. 18Paragraph 18 Repealed
  487. 19Paragraph 19 Repealed
  488. 20Paragraph 20 Repealed
  489. 21Paragraph 21 Repealed
  490. 22Paragraph 22 Repealed
  491. Schedule 6: Seed enterprise investment scheme
  492. Part 1: The scheme
  493. 1Paragraph 1
  494. Part 2: Relief for capital gains
  495. Introductory
  496. 2Paragraph 2
  497. Disposal of shares to which SEIS relief is attributable
  498. 3Paragraph 3
  499. Seed enterprise investment scheme: re-investment relief
  500. 4Paragraph 4
  501. 5Paragraph 5
  502. Part 3: Consequential amendments
  503. ITA 2007
  504. 6Paragraph 6
  505. 7Paragraph 7
  506. 8Paragraph 8
  507. 9Paragraph 9
  508. 10Paragraph 10
  509. 11Paragraph 11 Repealed
  510. 12Paragraph 12
  511. 13Paragraph 13 Repealed
  512. 14Paragraph 14
  513. 15Paragraph 15 Repealed
  514. 16Paragraph 16
  515. 17Paragraph 17 Repealed
  516. 18Paragraph 18
  517. TCGA 1992
  518. 19Paragraph 19
  519. 20Paragraph 20
  520. 21Paragraph 21
  521. 22Paragraph 22
  522. TMA 1970
  523. 23Paragraph 23
  524. Part 4: Commencement
  525. 24Paragraph 24
  526. Schedule 7: Enterprise investment scheme
  527. Part 1: Enterprise investment scheme
  528. Introduction
  529. 1Paragraph 1
  530. Minimum subscription
  531. 2Paragraph 2
  532. Increase in amount of relief
  533. 3Paragraph 3
  534. Loan capital
  535. 4Paragraph 4
  536. Overview of Chapter 3
  537. 5Paragraph 5
  538. Relaxation of the shares requirement
  539. 6Paragraph 6
  540. Increase in the maximum amount permitted to be raised annually
  541. 7Paragraph 7
  542. Acquisition of shares or stock
  543. 8Paragraph 8
  544. No disqualifying arrangements requirement
  545. 9Paragraph 9
  546. Meaning of “qualifying business activity”
  547. 10Paragraph 10
  548. Increase in the gross assets limits
  549. 11Paragraph 11
  550. Relaxation of restriction on number of employees
  551. 12Paragraph 12 Repealed
  552. Subsidised generation or export of electricity
  553. 13Paragraph 13
  554. 14Paragraph 14
  555. 15Paragraph 15
  556. Powers to amend
  557. 16Paragraph 16 Repealed
  558. Disposal of shares
  559. 17Paragraph 17
  560. Date from which interest is chargeable
  561. 18Paragraph 18
  562. Information
  563. 19Paragraph 19
  564. Approved investment fund as nominee
  565. 20Paragraph 20
  566. Interpretation
  567. 21Paragraph 21
  568. Commencement and transitional provision
  569. 22Paragraph 22
  570. 23Paragraph 23
  571. 24Paragraph 24
  572. 25Paragraph 25
  573. Part 2: Enterprise investment scheme: chargeable gains
  574. Introduction
  575. 26Paragraph 26
  576. Disposal of shares to which EIS relief is attributable
  577. 27Paragraph 27
  578. 28Paragraph 28
  579. Maximum annual investment
  580. 29Paragraph 29
  581. No disqualifying arrangements
  582. 30Paragraph 30
  583. Information
  584. 31Paragraph 31
  585. Meaning of “arrangements”
  586. 32Paragraph 32
  587. Commencement
  588. 33Paragraph 33
  589. 34Paragraph 34
  590. 35Paragraph 35
  591. Schedule 8: Venture capital schemes
  592. Introduction
  593. 1Paragraph 1
  594. VCT approvals
  595. 2Paragraph 2
  596. 3Paragraph 3
  597. Qualifying holdings: introduction
  598. 4Paragraph 4
  599. Relaxation of maximum qualifying investment requirement
  600. 5Paragraph 5
  601. Increase in the maximum amount permitted to be raised annually
  602. 6Paragraph 6
  603. Acquisition of shares
  604. 7Paragraph 7
  605. Increase in the gross assets limits
  606. 8Paragraph 8
  607. Relaxation of restriction on number of employees
  608. 9Paragraph 9 Repealed
  609. No disqualifying arrangements requirement
  610. 10Paragraph 10
  611. Subsidised generation or export of electricity
  612. 11Paragraph 11
  613. 12Paragraph 12
  614. 13Paragraph 13
  615. Powers to amend
  616. 14Paragraph 14 Repealed
  617. Information
  618. 15Paragraph 15
  619. 16Paragraph 16
  620. Consequential amendment
  621. 17Paragraph 17
  622. Commencement and transitional provision
  623. 18Paragraph 18
  624. 19Paragraph 19
  625. 20Paragraph 20
  626. 21Paragraph 21
  627. 22Paragraph 22
  628. Schedule 9: Capital allowances for plant and machinery: anti-avoidance
  629. Transactions to obtain allowances
  630. 1Paragraph 1
  631. Restrictions on writing-down allowances
  632. 2Paragraph 2
  633. 3Paragraph 3
  634. 4Paragraph 4
  635. 5Paragraph 5
  636. 6Paragraph 6
  637. Restriction of exception for manufacturers and suppliers
  638. 7Paragraph 7
  639. Relevant transactions
  640. 8Paragraph 8
  641. Commencement
  642. 9Paragraph 9
  643. Schedule 10: Plant and machinery allowances: fixtures
  644. Introductory
  645. 1Paragraph 1
  646. Changes in ownership
  647. 2Paragraph 2
  648. 3Paragraph 3
  649. 4Paragraph 4
  650. 5Paragraph 5
  651. Fixtures on which business premises renovation allowance has been made
  652. 6Paragraph 6
  653. 7Paragraph 7
  654. 8Paragraph 8
  655. 9Paragraph 9
  656. 10Paragraph 10
  657. Commencement and transitionals
  658. 11Paragraph 11
  659. 12Paragraph 12
  660. 13Paragraph 13
  661. Schedule 11: Expenditure on plant and machinery for use in designated assisted areas
  662. 1Paragraph 1
  663. 2Paragraph 2
  664. 3Paragraph 3
  665. 4Paragraph 4
  666. 5Paragraph 5
  667. 6Paragraph 6
  668. 7Paragraph 7
  669. 8Paragraph 8
  670. Schedule 12: Foreign income and gains
  671. Part 1: Increased remittance basis charge
  672. Increased charge
  673. 1Paragraph 1
  674. 2Paragraph 2
  675. 3Paragraph 3
  676. 4Paragraph 4
  677. Application of Part 1
  678. 5Paragraph 5
  679. Part 2: Remittance for investment purposes
  680. Relief for investments
  681. 6Paragraph 6
  682. 7Paragraph 7
  683. 8Paragraph 8
  684. 9Paragraph 9
  685. Formerly exempt property used to make investment
  686. 10Paragraph 10
  687. 11Paragraph 11
  688. 12Paragraph 12
  689. Interpretation provisions
  690. 13Paragraph 13
  691. 14Paragraph 14
  692. 15Paragraph 15
  693. 16Paragraph 16
  694. Application of Part 2
  695. 17Paragraph 17
  696. Part 3: Sales of exempt property
  697. Relief from deemed remittance rule
  698. 18Paragraph 18
  699. Application of Part 3
  700. 19Paragraph 19
  701. Part 4: Nominated income
  702. Disapplication of ordering rules
  703. 20Paragraph 20
  704. Application of Part 4
  705. 21Paragraph 21
  706. Schedule 13: Employer asset-backed pension contributions etc
  707. Part 1: Denial of relief for contributions paid during period 29 November 2011 to 21 February 2012
  708. 1Paragraph 1
  709. 2Paragraph 2
  710. 3Paragraph 3
  711. Part 2: Transitional provision relating to Part 1
  712. Application and interpretation
  713. 4Paragraph 4
  714. 5Paragraph 5
  715. 6Paragraph 6
  716. 7Paragraph 7
  717. 8Paragraph 8
  718. Certain tax consequences not to have effect
  719. 9Paragraph 9
  720. 10Paragraph 10
  721. 11Paragraph 11
  722. Adjustments
  723. 12Paragraph 12
  724. 13Paragraph 13
  725. 14Paragraph 14
  726. Part 3: Denial of relief for contributions paid on or after 22 February 2012
  727. 15Paragraph 15
  728. 16Paragraph 16
  729. 17Paragraph 17
  730. Part 4: Transitional provision relating to Part 3
  731. Application and interpretation
  732. 18Paragraph 18
  733. 19Paragraph 19
  734. 20Paragraph 20
  735. 21Paragraph 21
  736. 22Paragraph 22
  737. Certain tax consequences not to have effect
  738. 23Paragraph 23
  739. 24Paragraph 24
  740. 25Paragraph 25
  741. 26Paragraph 26
  742. 27Paragraph 27
  743. 28Paragraph 28
  744. Adjustments
  745. 29Paragraph 29
  746. 30Paragraph 30
  747. 31Paragraph 31
  748. Part 5: Other provision relating to finance arrangements
  749. Chapter 5B of Part 13 of ITA 2007
  750. 32Paragraph 32
  751. 33Paragraph 33
  752. 34Paragraph 34
  753. 35Paragraph 35
  754. 36Paragraph 36
  755. Chapter 2 of Part 16 of CTA 2010
  756. 37Paragraph 37
  757. 38Paragraph 38
  758. 39Paragraph 39
  759. 40Paragraph 40
  760. 41Paragraph 41
  761. Commencement
  762. 42Paragraph 42
  763. Schedule 14: Gifts to the nation
  764. Part 1: Introduction
  765. Qualifying gifts
  766. 1Paragraph 1
  767. Part 2: Income tax and capital gains tax
  768. Taxes affected
  769. 2Paragraph 2
  770. The basic rule
  771. 3Paragraph 3
  772. The portion treated as satisfied
  773. 4Paragraph 4
  774. Order in which benefit is applied
  775. 5Paragraph 5
  776. Effect of basic rule on interest and penalties
  777. 6Paragraph 6
  778. Changes to N's tax liability
  779. 7Paragraph 7
  780. Gifts set aside etc
  781. 8Paragraph 8
  782. Suspension pending negotiations
  783. 9Paragraph 9
  784. 10Paragraph 10
  785. Conclusion of negotiations
  786. 11Paragraph 11
  787. Part 3: Corporation tax
  788. Taxes affected
  789. 12Paragraph 12
  790. The basic rule
  791. 13Paragraph 13
  792. The portion treated as satisfied
  793. 14Paragraph 14
  794. Effect of basic rule on interest and penalties
  795. 15Paragraph 15
  796. Changes to C's tax liability
  797. 16Paragraph 16
  798. Gifts set aside etc
  799. 17Paragraph 17
  800. Suspension pending negotiations
  801. 18Paragraph 18
  802. 19Paragraph 19
  803. Conclusion of negotiations
  804. 20Paragraph 20
  805. Part 4: General provision
  806. Orders
  807. 21Paragraph 21
  808. Pre-eminent property
  809. 22Paragraph 22
  810. The relevant Minister
  811. 23Paragraph 23
  812. General interpretation
  813. 24Paragraph 24
  814. 25Paragraph 25
  815. Part 5: Related changes
  816. IHTA 1984
  817. 26Paragraph 26
  818. 27Paragraph 27
  819. 28Paragraph 28
  820. 29Paragraph 29
  821. 30Paragraph 30
  822. 31Paragraph 31
  823. 32Paragraph 32
  824. 32AParagraph 32A
  825. Estate duty etc
  826. 33Paragraph 33
  827. TCGA 1992
  828. 34Paragraph 34
  829. ITA 2007
  830. 35Paragraph 35
  831. Part 6: Commencement
  832. 36Paragraph 36
  833. Schedule 15: Relief in respect of gift aid and other income
  834. Claims by charitable trusts etc
  835. 1Paragraph 1
  836. Claims by charitable companies etc
  837. 2Paragraph 2
  838. 3Paragraph 3
  839. 4Paragraph 4
  840. Community amateur sports clubs: gift aid and other income
  841. 5Paragraph 5
  842. 6Paragraph 6
  843. 7Paragraph 7
  844. 8Paragraph 8
  845. Treatment of income tax deducted or repaid
  846. 9Paragraph 9
  847. 10Paragraph 10
  848. Administration of claims under ITA 2007
  849. 11Paragraph 11
  850. 12Paragraph 12
  851. Administration of claims under CTA 2010
  852. 13Paragraph 13
  853. 14Paragraph 14
  854. 15Paragraph 15
  855. 16Paragraph 16
  856. Application
  857. 17Paragraph 17
  858. Schedule 16: Part 2: minor and consequential amendments
  859. Part 1: Amendments of ICTA
  860. 1Paragraph 1
  861. 2Paragraph 2
  862. 3Paragraph 3
  863. 4Paragraph 4
  864. 5Paragraph 5
  865. 6Paragraph 6
  866. 7Paragraph 7
  867. 8Paragraph 8
  868. 9Paragraph 9
  869. 10Paragraph 10
  870. 11Paragraph 11
  871. 12Paragraph 12
  872. 13Paragraph 13
  873. 14Paragraph 14
  874. 15Paragraph 15
  875. 16Paragraph 16
  876. 17Paragraph 17
  877. 18Paragraph 18
  878. 19Paragraph 19
  879. 20Paragraph 20
  880. 21Paragraph 21
  881. 22Paragraph 22
  882. 23Paragraph 23
  883. 24Paragraph 24
  884. 25Paragraph 25
  885. 26Paragraph 26
  886. 27Paragraph 27
  887. 28Paragraph 28
  888. 29Paragraph 29
  889. 30Paragraph 30
  890. 31Paragraph 31
  891. 32Paragraph 32
  892. 33Paragraph 33
  893. 34Paragraph 34
  894. 35Paragraph 35
  895. 36Paragraph 36
  896. 37Paragraph 37
  897. 38Paragraph 38
  898. 39Paragraph 39
  899. 40Paragraph 40
  900. 41Paragraph 41
  901. 42Paragraph 42
  902. 43Paragraph 43
  903. 44Paragraph 44
  904. 45Paragraph 45
  905. 46Paragraph 46
  906. Part 2: Amendments of FA 1989
  907. 47Paragraph 47
  908. 48Paragraph 48
  909. 49Paragraph 49
  910. 50Paragraph 50
  911. 51Paragraph 51
  912. 52Paragraph 52
  913. 53Paragraph 53
  914. 54Paragraph 54
  915. 55Paragraph 55
  916. 56Paragraph 56
  917. 57Paragraph 57
  918. 58Paragraph 58
  919. 59Paragraph 59
  920. 60Paragraph 60
  921. 61Paragraph 61
  922. 62Paragraph 62
  923. 63Paragraph 63
  924. Part 3: Amendments of other Acts
  925. Finance Act 1950
  926. 64Paragraph 64
  927. 65Paragraph 65
  928. Taxes Management Act 1970
  929. 66Paragraph 66
  930. 67Paragraph 67
  931. Inheritance Tax Act 1984
  932. 68Paragraph 68
  933. 69Paragraph 69
  934. Finance Act 1991
  935. 70Paragraph 70
  936. 71Paragraph 71
  937. Taxation of Chargeable Gains Act 1992
  938. 72Paragraph 72
  939. 73Paragraph 73
  940. 74Paragraph 74
  941. 75Paragraph 75
  942. 76Paragraph 76
  943. 77Paragraph 77
  944. 78Paragraph 78
  945. 79Paragraph 79
  946. 80Paragraph 80
  947. 81Paragraph 81
  948. 82Paragraph 82
  949. 83Paragraph 83
  950. 84Paragraph 84
  951. 85Paragraph 85
  952. 86Paragraph 86
  953. 87Paragraph 87
  954. 88Paragraph 88
  955. 89Paragraph 89
  956. Finance Act 1993
  957. 90Paragraph 90
  958. 91Paragraph 91
  959. Finance Act 1999
  960. 92Paragraph 92
  961. 93Paragraph 93
  962. Capital Allowances Act 2001
  963. 94Paragraph 94
  964. 95Paragraph 95
  965. 96Paragraph 96
  966. 97Paragraph 97
  967. 98Paragraph 98
  968. 99Paragraph 99
  969. 100Paragraph 100
  970. 101Paragraph 101
  971. 102Paragraph 102
  972. 103Paragraph 103
  973. 104Paragraph 104
  974. 105Paragraph 105
  975. 106Paragraph 106 Repealed
  976. 107Paragraph 107
  977. Finance Act 2003
  978. 108Paragraph 108
  979. 109Paragraph 109
  980. Income Tax (Earnings and Pensions) Act 2003
  981. 110Paragraph 110
  982. 111Paragraph 111
  983. Finance Act 2004
  984. 112Paragraph 112
  985. 113Paragraph 113
  986. 114Paragraph 114
  987. 115Paragraph 115
  988. 116Paragraph 116
  989. 117Paragraph 117
  990. 118Paragraph 118
  991. 119Paragraph 119
  992. 120Paragraph 120
  993. 121Paragraph 121
  994. 122Paragraph 122
  995. Finance (No.2) Act 2005
  996. 123Paragraph 123
  997. 124Paragraph 124
  998. Income Tax (Trading and Other Income) Act 2005
  999. 125Paragraph 125
  1000. 126Paragraph 126
  1001. 127Paragraph 127
  1002. 128Paragraph 128
  1003. 129Paragraph 129
  1004. 130Paragraph 130
  1005. 131Paragraph 131
  1006. Income Tax Act 2007
  1007. 132Paragraph 132
  1008. 133Paragraph 133
  1009. 134Paragraph 134
  1010. Corporation Tax Act 2009
  1011. 135Paragraph 135
  1012. 136Paragraph 136
  1013. 137Paragraph 137
  1014. 138Paragraph 138
  1015. 139Paragraph 139
  1016. 140Paragraph 140
  1017. 141Paragraph 141
  1018. 142Paragraph 142
  1019. 143Paragraph 143
  1020. 144Paragraph 144
  1021. 145Paragraph 145
  1022. 146Paragraph 146
  1023. 147Paragraph 147
  1024. 148Paragraph 148
  1025. 149Paragraph 149
  1026. 150Paragraph 150
  1027. 151Paragraph 151
  1028. 152Paragraph 152
  1029. 153Paragraph 153
  1030. 154Paragraph 154
  1031. 155Paragraph 155
  1032. 156Paragraph 156
  1033. 157Paragraph 157
  1034. 158Paragraph 158
  1035. 159Paragraph 159
  1036. 160Paragraph 160
  1037. 161Paragraph 161
  1038. 162Paragraph 162
  1039. 163Paragraph 163
  1040. 164Paragraph 164
  1041. 165Paragraph 165
  1042. 166Paragraph 166
  1043. 167Paragraph 167
  1044. 168Paragraph 168
  1045. 169Paragraph 169
  1046. 170Paragraph 170
  1047. 171Paragraph 171
  1048. 172Paragraph 172
  1049. 173Paragraph 173
  1050. 174Paragraph 174
  1051. 175Paragraph 175
  1052. 176Paragraph 176
  1053. 177Paragraph 177
  1054. 178Paragraph 178
  1055. 179Paragraph 179
  1056. 180Paragraph 180
  1057. 181Paragraph 181
  1058. 182Paragraph 182
  1059. 183Paragraph 183
  1060. 184Paragraph 184
  1061. 185Paragraph 185
  1062. 186Paragraph 186
  1063. 187Paragraph 187
  1064. 188Paragraph 188
  1065. 189Paragraph 189
  1066. 190Paragraph 190 Repealed
  1067. 191Paragraph 191
  1068. 192Paragraph 192
  1069. 193Paragraph 193
  1070. 194Paragraph 194
  1071. 195Paragraph 195
  1072. 196Paragraph 196
  1073. 197Paragraph 197
  1074. 198Paragraph 198
  1075. 199Paragraph 199
  1076. 200Paragraph 200
  1077. 201Paragraph 201
  1078. 202Paragraph 202
  1079. 203Paragraph 203
  1080. 204Paragraph 204
  1081. 205Paragraph 205
  1082. 206Paragraph 206
  1083. 207Paragraph 207
  1084. 208Paragraph 208
  1085. 209Paragraph 209
  1086. 210Paragraph 210
  1087. 211Paragraph 211
  1088. 212Paragraph 212
  1089. 213Paragraph 213
  1090. 214Paragraph 214
  1091. Corporation Tax Act 2010
  1092. 215Paragraph 215
  1093. 216Paragraph 216
  1094. 217Paragraph 217
  1095. 218Paragraph 218
  1096. 219Paragraph 219
  1097. 220Paragraph 220 Repealed
  1098. 221Paragraph 221 Repealed
  1099. 222Paragraph 222 Repealed
  1100. 223Paragraph 223 Repealed
  1101. 224Paragraph 224
  1102. 225Paragraph 225
  1103. 226Paragraph 226
  1104. 227Paragraph 227
  1105. 228Paragraph 228
  1106. 229Paragraph 229
  1107. 230Paragraph 230
  1108. 231Paragraph 231
  1109. Taxation (International and Other Provisions) Act 2010
  1110. 232Paragraph 232
  1111. 233Paragraph 233
  1112. 234Paragraph 234
  1113. 235Paragraph 235
  1114. 236Paragraph 236
  1115. 237Paragraph 237
  1116. 238Paragraph 238
  1117. 239Paragraph 239
  1118. 240Paragraph 240
  1119. 241Paragraph 241
  1120. 242Paragraph 242 Repealed
  1121. 243Paragraph 243
  1122. 244Paragraph 244
  1123. Finance Act 2011
  1124. 245Paragraph 245
  1125. 246Paragraph 246
  1126. Part 4: Consequential repeals
  1127. 247Paragraph 247
  1128. Schedule 17: Part 2: transitional provision
  1129. Part 1: Deemed receipts or expenses
  1130. General outline of the provision of this Part of this Schedule
  1131. 1Paragraph 1
  1132. Basic concepts
  1133. 2Paragraph 2
  1134. 3Paragraph 3
  1135. 4Paragraph 4
  1136. The comparison etc
  1137. 5Paragraph 5
  1138. 6Paragraph 6
  1139. 7Paragraph 7
  1140. 8Paragraph 8
  1141. Deemed receipts or expenses of BLAGAB or non-BLAGAB long-term business
  1142. 9Paragraph 9
  1143. 10Paragraph 10
  1144. Period over which deemed receipts or expenses arise
  1145. 11Paragraph 11
  1146. 12Paragraph 12
  1147. 13Paragraph 13
  1148. 14Paragraph 14
  1149. 15Paragraph 15
  1150. Financing-arrangement-funded transfers to shareholders in relation to non-profit funds
  1151. 16Paragraph 16
  1152. Anti-avoidance
  1153. 17Paragraph 17
  1154. 18Paragraph 18
  1155. 19Paragraph 19
  1156. Overseas life insurance companies
  1157. 20Paragraph 20
  1158. Part 2: Specific transitional provisions
  1159. Insurance company with BLAGAB consisting wholly of protection business
  1160. 21Paragraph 21
  1161. Disregard of amounts previously taken into account for tax purposes
  1162. 22Paragraph 22
  1163. 23Paragraph 23
  1164. Intangible fixed assets
  1165. 24Paragraph 24
  1166. Assets held for purposes of long-term business
  1167. 25Paragraph 25
  1168. 26Paragraph 26
  1169. 27Paragraph 27
  1170. 28Paragraph 28
  1171. Carry-forward of trading losses and excess management expenses
  1172. 29Paragraph 29
  1173. 30Paragraph 30
  1174. 31Paragraph 31
  1175. 32Paragraph 32
  1176. 33Paragraph 33
  1177. Relief for BLAGAB trade losses for accounting period beginning on or after 1 January 2013
  1178. 34Paragraph 34
  1179. Assets of the shareholder fund
  1180. 35Paragraph 35
  1181. 35AParagraph 35A
  1182. Part 3: Supplementary
  1183. General transitional provision in relation to provisions re-enacted in Part 2 of this Act
  1184. 36Paragraph 36
  1185. Power to make supplementary transitional provision etc
  1186. 37Paragraph 37
  1187. 38Paragraph 38
  1188. Interpretation
  1189. 39Paragraph 39
  1190. Schedule 18: Part 3: consequential amendments
  1191. Income and Corporation Taxes Act 1988
  1192. 1Paragraph 1
  1193. 2Paragraph 2
  1194. 3Paragraph 3
  1195. 4Paragraph 4
  1196. 5Paragraph 5
  1197. 6Paragraph 6
  1198. 7Paragraph 7
  1199. 8Paragraph 8
  1200. 9Paragraph 9
  1201. 10Paragraph 10
  1202. 11Paragraph 11
  1203. 12Paragraph 12
  1204. 13Paragraph 13
  1205. Taxation of Chargeable Gains Act 1992
  1206. 14Paragraph 14
  1207. 15Paragraph 15
  1208. 16Paragraph 16
  1209. Income Tax (Trading and Other Income) Act 2005
  1210. 17Paragraph 17
  1211. 18Paragraph 18
  1212. Corporation Tax Act 2009
  1213. 19Paragraph 19
  1214. 20Paragraph 20
  1215. 21Paragraph 21
  1216. 22Paragraph 22
  1217. Consequential repeals
  1218. 23Paragraph 23
  1219. Schedule 19: Part 3: transitional provision
  1220. Approvals given for purposes of section 461 or 461C of ICTA
  1221. 1Paragraph 1
  1222. General transitional provision in relation to provisions re-enacted in Part 3 of this Act
  1223. 2Paragraph 2
  1224. Schedule 20: Controlled foreign companies and foreign permanent establishments
  1225. Part 1: Controlled foreign companies
  1226. 1Paragraph 1
  1227. Part 2: Foreign permanent establishments
  1228. Main provision
  1229. 2Paragraph 2
  1230. 3Paragraph 3
  1231. 4Paragraph 4
  1232. 5Paragraph 5
  1233. 6Paragraph 6
  1234. 7Paragraph 7
  1235. Lloyd's underwriters
  1236. 8Paragraph 8
  1237. Plant and machinery allowances
  1238. 9Paragraph 9
  1239. Part 3: Other amendments
  1240. TMA 1970
  1241. 10Paragraph 10
  1242. 11Paragraph 11
  1243. 12Paragraph 12
  1244. 13Paragraph 13
  1245. ICTA
  1246. 14Paragraph 14
  1247. FA 1998
  1248. 15Paragraph 15
  1249. 16Paragraph 16
  1250. 17Paragraph 17
  1251. FA 2000
  1252. 18Paragraph 18
  1253. 19Paragraph 19
  1254. 20Paragraph 20
  1255. FA 2002
  1256. 21Paragraph 21
  1257. ITA 2007
  1258. 22Paragraph 22
  1259. FA 2007
  1260. 23Paragraph 23
  1261. CTA 2009
  1262. 24Paragraph 24
  1263. 25Paragraph 25
  1264. 26Paragraph 26
  1265. 27Paragraph 27
  1266. 28Paragraph 28
  1267. 29Paragraph 29
  1268. 30Paragraph 30
  1269. 31Paragraph 31
  1270. FA 2009
  1271. 32Paragraph 32
  1272. 33Paragraph 33
  1273. 34Paragraph 34
  1274. 35Paragraph 35
  1275. 36Paragraph 36
  1276. CTA 2010
  1277. 37Paragraph 37
  1278. 38Paragraph 38 Repealed
  1279. 39Paragraph 39
  1280. 40Paragraph 40
  1281. TIOPA 2010
  1282. 41Paragraph 41
  1283. 42Paragraph 42
  1284. 43Paragraph 43 Repealed
  1285. 44Paragraph 44 Repealed
  1286. 45Paragraph 45 Repealed
  1287. Insurance Companies (Reserve) (Tax) Regulations 1996 (S.I. 1996/2991)
  1288. 46Paragraph 46
  1289. 47Paragraph 47
  1290. 48Paragraph 48
  1291. Part 4: Commencement provision
  1292. Commencement provision relating to controlled foreign companies etc
  1293. 49Paragraph 49
  1294. 50Paragraph 50
  1295. 51Paragraph 51
  1296. 52Paragraph 52
  1297. 53Paragraph 53
  1298. 54Paragraph 54
  1299. Commencement provision relating to foreign permanent establishments
  1300. 55Paragraph 55
  1301. Part 5: Transitional provision
  1302. First accounting periods
  1303. 56Paragraph 56
  1304. Elections under section 9A of CTA 2010
  1305. 57Paragraph 57
  1306. Exempt periods
  1307. 58Paragraph 58
  1308. Designer rate tax provisions
  1309. 59Paragraph 59
  1310. Schedule 21: Relief in respect of decommissioning expenditure
  1311. Restriction of relief available in respect of decommissioning expenditure
  1312. 1Paragraph 1
  1313. 2Paragraph 2
  1314. 3Paragraph 3
  1315. 4Paragraph 4
  1316. Extension of loss relief available in respect of decommissioning expenditure
  1317. 5Paragraph 5
  1318. Application
  1319. 6Paragraph 6
  1320. Schedule 22: Reduction of supplementary charge for certain oil fields
  1321. Amendments of Chapter 7 of Part 8 of CTA 2010
  1322. 1Paragraph 1
  1323. 2Paragraph 2
  1324. 3Paragraph 3
  1325. 4Paragraph 4
  1326. 5Paragraph 5
  1327. 6Paragraph 6
  1328. 7Paragraph 7
  1329. 8Paragraph 8
  1330. 9Paragraph 9
  1331. 10Paragraph 10
  1332. 11Paragraph 11
  1333. 12Paragraph 12
  1334. 13Paragraph 13
  1335. 14Paragraph 14
  1336. 15Paragraph 15
  1337. 16Paragraph 16
  1338. 17Paragraph 17
  1339. Consequential amendments
  1340. 18Paragraph 18
  1341. 19Paragraph 19
  1342. 20Paragraph 20
  1343. Commencement
  1344. 21Paragraph 21
  1345. 22Paragraph 22
  1346. Schedule 23: Air passenger duty
  1347. Part 1: Northern Ireland long haul rates of duty from 1 November 2011 to 31 March 2012
  1348. 1Paragraph 1
  1349. 2Paragraph 2
  1350. 3Paragraph 3
  1351. Part 2: Rates of duty from 1 April 2012
  1352. 4Paragraph 4
  1353. 5Paragraph 5
  1354. 6Paragraph 6
  1355. Part 3: Devolution of Northern Ireland long haul rates of duty
  1356. 7Paragraph 7
  1357. 8Paragraph 8
  1358. 9Paragraph 9
  1359. 10Paragraph 10
  1360. 11Paragraph 11
  1361. 12Paragraph 12
  1362. 13Paragraph 13
  1363. 14Paragraph 14
  1364. 15Paragraph 15
  1365. Part 4: Other provision
  1366. 16Paragraph 16
  1367. 17Paragraph 17
  1368. 18Paragraph 18
  1369. 19Paragraph 19
  1370. 20Paragraph 20
  1371. 21Paragraph 21
  1372. 22Paragraph 22
  1373. 23Paragraph 23
  1374. Schedule 24: Machine games duty
  1375. Part 1: Imposition of duty
  1376. The duty
  1377. 1Paragraph 1
  1378. Dutiable machine games
  1379. 2Paragraph 2
  1380. 3Paragraph 3
  1381. 4Paragraph 4
  1382. Types of machine
  1383. 5Paragraph 5
  1384. How the duty is charged
  1385. 6Paragraph 6
  1386. Net takings per machine
  1387. 7Paragraph 7
  1388. 8Paragraph 8
  1389. The rates
  1390. 9Paragraph 9
  1391. Negative amounts of duty
  1392. 10Paragraph 10
  1393. Who is liable
  1394. 11Paragraph 11
  1395. Responsible for premises
  1396. 12Paragraph 12
  1397. Excluded dual-use machines
  1398. 13Paragraph 13
  1399. Accounting periods
  1400. 14Paragraph 14
  1401. Valuing prizes
  1402. 15Paragraph 15
  1403. Valuing charges
  1404. 16Paragraph 16
  1405. Collection and management
  1406. 17Paragraph 17
  1407. Returns
  1408. 18Paragraph 18
  1409. Assessment and payment
  1410. 19Paragraph 19
  1411. Registration
  1412. 20Paragraph 20
  1413. Registrable persons
  1414. 21Paragraph 21
  1415. 22Paragraph 22
  1416. Compulsory registration
  1417. 23Paragraph 23
  1418. Procedure for registration, de-registration etc
  1419. 24Paragraph 24
  1420. Publication of register
  1421. 25Paragraph 25 Not yet in force
  1422. Profit-sharers
  1423. 26Paragraph 26
  1424. Reviews and appeals
  1425. 27Paragraph 27
  1426. Interest
  1427. 28Paragraph 28
  1428. Penalties and enforcement
  1429. 29Paragraph 29
  1430. 30Paragraph 30
  1431. 31Paragraph 31
  1432. 32Paragraph 32
  1433. 33Paragraph 33
  1434. 34Paragraph 34
  1435. 35Paragraph 35
  1436. Forfeiture
  1437. 36Paragraph 36
  1438. Offences
  1439. 37Paragraph 37
  1440. Protection of officers
  1441. 38Paragraph 38
  1442. Orders and regulations
  1443. 39Paragraph 39
  1444. Transitional provision
  1445. 40Paragraph 40
  1446. Consequential amendments
  1447. 41Paragraph 41
  1448. 42Paragraph 42
  1449. 43Paragraph 43
  1450. 44Paragraph 44
  1451. 45Paragraph 45
  1452. 46Paragraph 46
  1453. 47Paragraph 47
  1454. 48Paragraph 48
  1455. 49Paragraph 49
  1456. Interpretation
  1457. 50Paragraph 50
  1458. 51Paragraph 51
  1459. 52Paragraph 52
  1460. Part 2: Removal of amusement machine licence duty
  1461. Amendment of BGDA 1981
  1462. 53Paragraph 53
  1463. 54Paragraph 54
  1464. Amendment of other enactments
  1465. 55Paragraph 55
  1466. 56Paragraph 56
  1467. 57Paragraph 57
  1468. 58Paragraph 58
  1469. Transitional provision and savings
  1470. 59Paragraph 59
  1471. 60Paragraph 60
  1472. 61Paragraph 61
  1473. 62Paragraph 62
  1474. Part 3: VAT exemption
  1475. Amendment of VATA 1994
  1476. 63Paragraph 63
  1477. 64Paragraph 64
  1478. 65Paragraph 65
  1479. Part 4: Miscellaneous
  1480. Application
  1481. 66Paragraph 66
  1482. 67Paragraph 67
  1483. Schedule 25: Remote gambling: double taxation relief
  1484. Unilateral relief
  1485. 1Paragraph 1
  1486. 2Paragraph 2
  1487. 3Paragraph 3
  1488. 4Paragraph 4
  1489. 5Paragraph 5
  1490. 6Paragraph 6
  1491. 7Paragraph 7
  1492. 8Paragraph 8
  1493. 9Paragraph 9
  1494. Consequential amendments
  1495. 10Paragraph 10
  1496. 11Paragraph 11
  1497. Commencement
  1498. 12Paragraph 12
  1499. Schedule 26: Categorisation of supplies
  1500. Part 1: Zero-rated supplies
  1501. Introductory
  1502. 1Paragraph 1
  1503. Food
  1504. 2Paragraph 2
  1505. Protected buildings
  1506. 3Paragraph 3
  1507. Caravans
  1508. 4Paragraph 4
  1509. Part 2: Exempt supplies
  1510. Land: self storage and facilities to supply hairdressing services
  1511. 5Paragraph 5
  1512. Part 3: Supplies chargeable at reduced rate
  1513. 6Paragraph 6
  1514. Part 4: Commencement and transitional provision
  1515. 7Paragraph 7
  1516. Schedule 27: Anti-forestalling charge to VAT
  1517. Part 1: Anti-forestalling charge to VAT
  1518. Introductory
  1519. 1Paragraph 1
  1520. The charge
  1521. 2Paragraph 2
  1522. The supplies
  1523. 3Paragraph 3
  1524. Supplies linked to the post-change period
  1525. 4Paragraph 4
  1526. Power to modify this Schedule
  1527. 5Paragraph 5
  1528. Part 2: Liability and amount
  1529. Liability
  1530. 6Paragraph 6
  1531. Amount
  1532. 7Paragraph 7
  1533. Part 3: Administration and interpretation
  1534. Person ceasing to be taxable person before anti-forestalling charge due
  1535. 8Paragraph 8
  1536. Adjustment of contracts following the VAT change
  1537. 9Paragraph 9
  1538. Invoices
  1539. 10Paragraph 10
  1540. Interpretation: general
  1541. 11Paragraph 11
  1542. Schedule 28: Non-established taxable persons
  1543. New Schedule 1A
  1544. 1Paragraph 1
  1545. Other amendments of VATA 1994
  1546. 2Paragraph 2
  1547. 3Paragraph 3
  1548. 4Paragraph 4
  1549. 5Paragraph 5
  1550. 6Paragraph 6
  1551. 7Paragraph 7
  1552. 8Paragraph 8
  1553. 9Paragraph 9
  1554. 10Paragraph 10
  1555. 11Paragraph 11
  1556. 12Paragraph 12
  1557. 13Paragraph 13
  1558. 14Paragraph 14 Repealed
  1559. 15Paragraph 15 Repealed
  1560. 16Paragraph 16
  1561. 17Paragraph 17 Repealed
  1562. Amendments of other Acts
  1563. 18Paragraph 18
  1564. Application
  1565. 19Paragraph 19
  1566. Schedule 29: Administration of VAT
  1567. 1Paragraph 1
  1568. 2Paragraph 2
  1569. 3Paragraph 3
  1570. 4Paragraph 4
  1571. 5Paragraph 5
  1572. 6Paragraph 6
  1573. 7Paragraph 7
  1574. 8Paragraph 8
  1575. 9Paragraph 9 Repealed
  1576. 10Paragraph 10 Repealed
  1577. 11Paragraph 11
  1578. 12Paragraph 12
  1579. 13Paragraph 13
  1580. Schedule 30: Climate change levy
  1581. Part 1: Reduced-rate supplies on or after 1 April 2011: deemed supply
  1582. 1Paragraph 1
  1583. Part 2: Taxable supplies on or after 1 April 2012 for use in recycling processes
  1584. 2Paragraph 2
  1585. 3Paragraph 3
  1586. 4Paragraph 4
  1587. 5Paragraph 5
  1588. 6Paragraph 6
  1589. 7Paragraph 7
  1590. 8Paragraph 8
  1591. 9Paragraph 9
  1592. 10Paragraph 10
  1593. 11Paragraph 11
  1594. 12Paragraph 12
  1595. 13Paragraph 13
  1596. 14Paragraph 14
  1597. 15Paragraph 15
  1598. 16Paragraph 16
  1599. 17Paragraph 17
  1600. 18Paragraph 18
  1601. 19Paragraph 19
  1602. Part 3: Rates of climate change levy for supplies on or after 1 April 2013
  1603. 20Paragraph 20
  1604. 21Paragraph 21
  1605. 22Paragraph 22
  1606. 23Paragraph 23
  1607. Schedule 31: Climate change levy: climate change agreements
  1608. 1Paragraph 1
  1609. 2Paragraph 2
  1610. 3Paragraph 3
  1611. 4Paragraph 4
  1612. 5Paragraph 5
  1613. 6Paragraph 6
  1614. 7Paragraph 7
  1615. 8Paragraph 8
  1616. 9Paragraph 9
  1617. 10Paragraph 10
  1618. 11Paragraph 11
  1619. Schedule 32: Climate change levy: supplies subject to the carbon price support rates and combined heat and power stations
  1620. Part 1: Main provision Repealed
  1621. Amendments to Schedule 6 to FA 2000 Repealed
  1622. 1Paragraph 1 Repealed
  1623. 2Paragraph 2 Repealed
  1624. 3Paragraph 3 Repealed
  1625. 4Paragraph 4 Repealed
  1626. 5Paragraph 5 Repealed
  1627. 6Paragraph 6 Repealed
  1628. 7Paragraph 7 Repealed
  1629. 8Paragraph 8 Repealed
  1630. 9Paragraph 9 Repealed
  1631. 10Paragraph 10 Repealed
  1632. 11Paragraph 11 Repealed
  1633. 12Paragraph 12 Repealed
  1634. 13Paragraph 13 Repealed
  1635. 14Paragraph 14 Repealed
  1636. 15Paragraph 15 Repealed
  1637. 16Paragraph 16 Repealed
  1638. Provision relating to Schedule 20 to FA 2011 Repealed
  1639. 17Paragraph 17 Repealed
  1640. 18Paragraph 18 Repealed
  1641. Commencement Repealed
  1642. 19Paragraph 19 Repealed
  1643. Part 2: Carbon price support rates from 1 April 2014 Repealed
  1644. 20Paragraph 20 Repealed
  1645. Part 3: Electricity produced in combined heat and power stations
  1646. 21Paragraph 21
  1647. 22Paragraph 22
  1648. Schedule 33: Inheritance tax: gifts to charities etc
  1649. Reduced rate of inheritance tax
  1650. 1Paragraph 1
  1651. Consequential amendments
  1652. 2Paragraph 2
  1653. 3Paragraph 3
  1654. 4Paragraph 4
  1655. 5Paragraph 5
  1656. 6Paragraph 6
  1657. 7Paragraph 7
  1658. 8Paragraph 8
  1659. Instruments of variation to be notified to charities etc
  1660. 9Paragraph 9
  1661. Commencement
  1662. 10Paragraph 10
  1663. Schedule 34: Bank levy
  1664. Introductory
  1665. 1Paragraph 1
  1666. Rates 2012
  1667. 2Paragraph 2
  1668. 3Paragraph 3
  1669. 4Paragraph 4
  1670. Rates from 2013
  1671. 5Paragraph 5 Repealed
  1672. 6Paragraph 6
  1673. 7Paragraph 7
  1674. Joint ventures
  1675. 8Paragraph 8
  1676. 9Paragraph 9
  1677. 10Paragraph 10
  1678. Double taxation relief
  1679. 11Paragraph 11
  1680. Transitional provision
  1681. 12Paragraph 12
  1682. Schedule 35: Stamp duty land tax: higher rate for certain transactions
  1683. Introductory
  1684. 1Paragraph 1
  1685. Higher rate of tax: main provisions
  1686. 2Paragraph 2
  1687. 3Paragraph 3
  1688. 4Paragraph 4
  1689. Higher rate of tax: exercise of collective rights by tenants of flats
  1690. 5Paragraph 5
  1691. Minor and consequential amendments
  1692. 6Paragraph 6
  1693. 7Paragraph 7
  1694. 8Paragraph 8
  1695. 9Paragraph 9
  1696. Application of amendments
  1697. 10Paragraph 10
  1698. Schedule 36: Agreement between UK and Switzerland
  1699. Part 1: Introduction
  1700. The Agreement and the Joint Declaration
  1701. 1Paragraph 1
  1702. Part 2: The past
  1703. Taxes affected
  1704. 2Paragraph 2
  1705. Application of this Part
  1706. 3Paragraph 3
  1707. Qualifying amounts
  1708. 4Paragraph 4
  1709. Eligibility for clearance
  1710. 5Paragraph 5
  1711. Effect if P eligible for clearance
  1712. 6Paragraph 6
  1713. Ceasing to be liable to tax
  1714. 7Paragraph 7
  1715. Effect if P not eligible for clearance
  1716. 8Paragraph 8
  1717. Interest, penalties etc
  1718. 9Paragraph 9
  1719. Repayments
  1720. 10Paragraph 10
  1721. Paragraph 4: supplementary provision
  1722. 11Paragraph 11
  1723. Refund of one-off payment
  1724. 12Paragraph 12
  1725. Part 3: The future: income tax and capital gains tax
  1726. Taxes affected
  1727. 13Paragraph 13
  1728. Application of this Part
  1729. 14Paragraph 14
  1730. Effect of relevant certificate
  1731. 15Paragraph 15
  1732. Election
  1733. 16Paragraph 16
  1734. Other credits to be allowed first
  1735. 17Paragraph 17
  1736. Repayments
  1737. 18Paragraph 18
  1738. Relationship with special withholding tax rules
  1739. 19Paragraph 19
  1740. Part 4: The future: inheritance tax
  1741. Taxes affected
  1742. 20Paragraph 20
  1743. Application of this Part
  1744. 21Paragraph 21
  1745. Effect of Article 32 certificate
  1746. 22Paragraph 22
  1747. Election in respect of Article 32 certificates
  1748. 23Paragraph 23
  1749. Repayments
  1750. 24Paragraph 24
  1751. Part 5: General provisions
  1752. Information exchange
  1753. 25Paragraph 25
  1754. Amounts recoverable as if they were VAT
  1755. 26Paragraph 26
  1756. Transfers to HMRC under Agreement
  1757. 26AParagraph 26A
  1758. 26BParagraph 26B
  1759. General interpretation
  1760. 27Paragraph 27
  1761. Schedule 37: International military headquarters, EU forces, etc
  1762. FA 1960
  1763. 1Paragraph 1
  1764. IHTA 1984
  1765. 2Paragraph 2
  1766. 3Paragraph 3
  1767. ITEPA 2003
  1768. 4Paragraph 4
  1769. ITA 2007
  1770. 5Paragraph 5
  1771. Schedule 38: Tax advisers: sanctionable conduct
  1772. Part 1: Introduction
  1773. Overview
  1774. 1Paragraph 1
  1775. Tax adviser
  1776. 2Paragraph 2
  1777. Sanctionable conduct
  1778. 3Paragraph 3
  1779. Part 2: Establishing dishonest conduct Repealed
  1780. Conduct notice Repealed
  1781. 4Paragraph 4 Repealed
  1782. Appeal against determination Repealed
  1783. 5Paragraph 5 Repealed
  1784. Offence of concealment etc in connection with conduct notice Repealed
  1785. 6Paragraph 6 Repealed
  1786. Part 3: Power to obtain tax adviser’s files etc
  1787. Circumstances in which power is exercisable
  1788. 7Paragraph 7
  1789. File access notice
  1790. 8Paragraph 8
  1791. Relevant documents
  1792. 9Paragraph 9
  1793. Content of notice
  1794. 10Paragraph 10
  1795. Compliance
  1796. 11Paragraph 11
  1797. 12Paragraph 12
  1798. Approval by tribunal
  1799. 13Paragraph 13
  1800. Documents not in person's possession or power
  1801. 14Paragraph 14
  1802. Types of information
  1803. 15Paragraph 15
  1804. Old documents
  1805. 16Paragraph 16
  1806. Privileged communications between professional legal advisers and clients
  1807. 17Paragraph 17
  1808. Power to copy documents
  1809. 18Paragraph 18
  1810. Power to retain documents
  1811. 19Paragraph 19
  1812. Appeal against file access notice
  1813. 20Paragraph 20
  1814. Offence of concealment etc in connection with file access notice
  1815. 21Paragraph 21
  1816. Penalty for failure to comply
  1817. 22Paragraph 22
  1818. Daily penalty for failure to comply
  1819. 23Paragraph 23
  1820. Increased daily default penalty
  1821. 23AParagraph 23A
  1822. Failure to comply with time limit
  1823. 24Paragraph 24
  1824. Reasonable excuse
  1825. 25Paragraph 25
  1826. Penalties for inaccurate documents
  1827. 25AParagraph 25A
  1828. Part 3A: Conduct notices
  1829. Giving of conduct notice
  1830. 25BParagraph 25B
  1831. Withdrawal of conduct notice
  1832. 25CParagraph 25C
  1833. Part 4: Sanctions for sanctionable conduct
  1834. Penalty for sanctionable conduct
  1835. 26Paragraph 26
  1836. Disclosure of conduct
  1837. 26AParagraph 26A
  1838. Increased penalties
  1839. 26BParagraph 26B
  1840. Potential lost revenue
  1841. 26CParagraph 26C
  1842. Special reduction
  1843. 27Paragraph 27
  1844. Power to publish details
  1845. 28Paragraph 28
  1846. Part 5: Penalties: assessment etc
  1847. Assessment of penalties
  1848. 29Paragraph 29
  1849. 30Paragraph 30
  1850. Appeal against penalty
  1851. 31Paragraph 31
  1852. Enforcement of penalty
  1853. 32Paragraph 32
  1854. Double jeopardy
  1855. 33Paragraph 33
  1856. 34Paragraph 34
  1857. Power to change amount of penalties
  1858. 35Paragraph 35
  1859. Part 6: Miscellaneous provision and interpretation
  1860. Application of provisions of TMA 1970
  1861. 36Paragraph 36
  1862. Tax
  1863. 37Paragraph 37
  1864. General interpretation
  1865. 38Paragraph 38
  1866. 39Paragraph 39 Repealed
  1867. 40Paragraph 40
  1868. 41Paragraph 41
  1869. 42Paragraph 42
  1870. Relationship with other enactments
  1871. 43Paragraph 43
  1872. Part 7: Consequential provisions
  1873. TMA 1970
  1874. 44Paragraph 44
  1875. 45Paragraph 45
  1876. 46Paragraph 46
  1877. 47Paragraph 47
  1878. 48Paragraph 48
  1879. 49Paragraph 49
  1880. 50Paragraph 50
  1881. OTA 1975
  1882. 51Paragraph 51
  1883. IHTA 1984
  1884. 52Paragraph 52
  1885. Social Security Contributions and Benefits Act 1992
  1886. 53Paragraph 53
  1887. 54Paragraph 54
  1888. Social Security Contributions and Benefits (Northern Ireland) Act 1992
  1889. 55Paragraph 55
  1890. Social Security Administration Act 1992
  1891. 56Paragraph 56
  1892. Social Security Administration (Northern Ireland) Act 1992
  1893. 57Paragraph 57
  1894. FA 2003
  1895. 58Paragraph 58
  1896. Schedule 39: Repeal of miscellaneous reliefs etc
  1897. Part 1: Stamp duty and stamp duty land tax
  1898. Nationalisation schemes
  1899. 1Paragraph 1
  1900. Visiting forces and allied headquarters
  1901. 2Paragraph 2
  1902. Shared ownership transactions
  1903. 3Paragraph 3
  1904. Instruments subject to duty of fixed amount
  1905. 4Paragraph 4
  1906. Acquisitions
  1907. 5Paragraph 5
  1908. Transfers to registered social landlords
  1909. 6Paragraph 6
  1910. Land in disadvantaged areas
  1911. 7Paragraph 7
  1912. 8Paragraph 8
  1913. Leases granted by registered social landlords
  1914. 9Paragraph 9
  1915. Application and transitional provision
  1916. 10Paragraph 10
  1917. 11Paragraph 11
  1918. 12Paragraph 12
  1919. 13Paragraph 13
  1920. Part 2: Repeal of harbour reorganisation scheme reliefs
  1921. 14Paragraph 14
  1922. 15Paragraph 15
  1923. 16Paragraph 16
  1924. 17Paragraph 17
  1925. 18Paragraph 18
  1926. Part 3: Payments relating to reductions in pool betting duty
  1927. 19Paragraph 19
  1928. 20Paragraph 20
  1929. 21Paragraph 21
  1930. 22Paragraph 22
  1931. Part 4: Life assurance
  1932. Abolition of income tax relief for life assurance premiums under section 266 of ICTA
  1933. 23Paragraph 23
  1934. 24Paragraph 24
  1935. 25Paragraph 25
  1936. 26Paragraph 26
  1937. 27Paragraph 27
  1938. 28Paragraph 28
  1939. 29Paragraph 29
  1940. 30Paragraph 30
  1941. Removal of claw-backs on relief given under section 266 of ICTA
  1942. 31Paragraph 31
  1943. Abolition of income tax relief relating to certain payments made for benefit of family members etc
  1944. 32Paragraph 32
  1945. Part 5: Capital allowances
  1946. Safety at sports grounds
  1947. 33Paragraph 33
  1948. 34Paragraph 34
  1949. 35Paragraph 35
  1950. Flat conversion allowances
  1951. 36Paragraph 36
  1952. 37Paragraph 37
  1953. 38Paragraph 38
  1954. 39Paragraph 39
  1955. 40Paragraph 40
  1956. 41Paragraph 41
  1957. 42Paragraph 42
  1958. Part 6: Mineral leases or agreements
  1959. Income tax
  1960. 43Paragraph 43
  1961. Corporation tax on income
  1962. 44Paragraph 44
  1963. Chargeable gains
  1964. 45Paragraph 45
  1965. 46Paragraph 46
  1966. 47Paragraph 47
  1967. Part 7: Miscellaneous
  1968. Deeply discounted securities: incidental expenses
  1969. 48Paragraph 48
  1970. Grants for giving up agricultural land
  1971. 49Paragraph 49
  1972. Reduction for meal vouchers
  1973. 50Paragraph 50
  1974. Black beer
  1975. 51Paragraph 51
  1976. Angostura bitters
  1977. 52Paragraph 52
  1978. Tax reserve certificates
  1979. 53Paragraph 53
  1980. Tax assessors
  1981. 54Paragraph 54