{
  "url": "https://openlegislation.uk/finance-act-2025/schedule-4/paragraph-42",
  "json_url": "https://openlegislation.uk/finance-act-2025/schedule-4/paragraph-42.json",
  "legislation": "ukpga/2025/8",
  "legislation_title": "Finance Act 2025",
  "legislation_url": "https://openlegislation.uk/finance-act-2025",
  "path": "schedule/4/paragraph/42",
  "kind": "paragraph",
  "number": "42",
  "heading": "Domestic top-up tax",
  "text": "(1) Section 270 (amount charged) is amended as follows.\n(2) Before subsection (1) insert—\n“(A1) Where a person is chargeable to domestic top-up tax for an accounting period as, or in respect of, a qualifying entity which is a member of a group, the amount (if any) the person must pay is determined as follows—\nStep 1\nDetermine (in accordance with section 272)—\n(a) whether the entity has a top-up amount for that period, and\n(b) the extent of any such amount.\nStep 2\nIf the result of Step 1 is not expressed in sterling, convert the result of that Step to sterling.”\n(3) In subsection (1)—\n(a) in the words before Step 1, for “as a qualifying entity or in respect of a qualifying entity” substitute “as or in respect of a qualifying entity which is not a member of a group”;\n(b) in Step 1, after “Determine” insert “(in accordance with section 273)”.",
  "extent": "E+W+S+N.I.",
  "status": null,
  "version": "current",
  "annotations": [],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/ukpga/2025/8/schedule/4/paragraph/42",
    "retrieved_at": "2026-10-29T08:47:01.939707+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."
}