{
  "url": "https://openlegislation.uk/income-tax-act-2007/section-32",
  "json_url": "https://openlegislation.uk/income-tax-act-2007/section-32.json",
  "legislation": "ukpga/2007/3",
  "legislation_title": "Income Tax Act 2007",
  "legislation_url": "https://openlegislation.uk/income-tax-act-2007",
  "path": "section/32",
  "kind": "section",
  "number": "32",
  "heading": "Liability not dealt with in the calculation",
  "text": "The liabilities referred to in section 22(2) are income tax liability—\nunder section 74C(5) (non-active traders: withdrawal of relief),\nunder section 79(1) (capital allowances restrictions: withdrawal of relief),\nunder section 81(6) (dealings in commodity futures: withdrawal of relief),\nunder section 103B(5) (non-active partners: withdrawal of relief),\nunder section 235 (withdrawal or reduction of EIS relief),\nunder section 257G (withdrawal or reduction of SEIS relief),\nunder section 257S (withdrawal or reduction of relief for social investments),\nunder sections 266 to 270 (withdrawal or reduction of VCT relief),\nunder section 372 (withdrawal or reduction of CITR),\nunder section 512 (heritage maintenance settlements: application of property for non-heritage purposes),\nunder Chapter 1 of Part 13 (transactions in securities),\nunder regulations made under section 918(4) (foreign payers of manufactured dividends: Real Estate Investment Trusts: the reverse charge),\nunder section 920 or 923 (foreign payers of manufactured interest or manufactured overseas dividends: the reverse charge),\nunder Chapter 15, 16 or 17 of Part 15 (deduction of tax at source: collection mechanisms),\n. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .\nunder paragraph 11(3) of Schedule 20 to FA 1994 (recovery of excess credit for overseas tax: changes for facilitating self-assessment),\nof the person who is (or persons who are) the responsible person in relation to an employer-financed retirement benefits scheme under section 394(2) of ITEPA 2003,\nunder Chapter 5 of Part 4 of FA 2004 (registered pension schemes: tax charges), except any liability under a provision mentioned in section 30(1), ...\nunder section 682(4) of ITTOIA 2005 (assessments, adjustments and claims after the administration period), so far as the liability represents a tax reduction given effect at Step 6 of the calculation in section 23, and\nunder section 24(4) of TIOPA 2010 (recovery of excess credit for overseas tax).",
  "extent": "E+W+S+N.I.",
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "F",
      "label": "F1",
      "text": "Words in s. 32 inserted (21.7.2008 with effect in accordance with Sch. 21 paras. 6, 7 of the amending Act) by Finance Act 2008 (c. 9), Sch. 21 para. 3"
    },
    {
      "type": "F",
      "label": "F2",
      "text": "Words in s. 32 substituted (retrospective to 6.4.2007) by Finance Act 2007 (c. 11), Sch. 4 paras. 5, 21"
    },
    {
      "type": "F",
      "label": "F3",
      "text": "Words in s. 32 inserted (with effect in accordance with s. 56(5) of the amending Act) by Finance Act 2013 (c. 29), s. 56(3)"
    },
    {
      "type": "F",
      "label": "F4",
      "text": "Words in s. 32 inserted (17.7.2014) by Finance Act 2014 (c. 26), Sch. 11 para. 9"
    },
    {
      "type": "F",
      "label": "F5",
      "text": "Words in s. 32 repealed (with effect in accordance with s. 381(1) of the amending Act) by Taxation (International and Other Provisions) Act 2010 (c. 8), s. 381(1), Sch. 8 para. 77(2), Sch. 10 Pt. 1 (with Sch. 9 paras. 1-9, 22)"
    },
    {
      "type": "F",
      "label": "F6",
      "text": "Word in s. 32 repealed (with effect in accordance with s. 381(1) of the amending Act) by Taxation (International and Other Provisions) Act 2010 (c. 8), s. 381(1), Sch. 8 para. 77(3), Sch. 10 Pt. 1 (with Sch. 9 paras. 1-9, 22)"
    },
    {
      "type": "F",
      "label": "F7",
      "text": "Words in s. 32 inserted (with effect in accordance with s. 381(1) of the amending Act) by Taxation (International and Other Provisions) Act 2010 (c. 8), s. 381(1), Sch. 8 para. 77(4) (with Sch. 9 paras. 1-9, 22)"
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/ukpga/2007/3/section/32",
    "retrieved_at": "2026-10-29T09:13:03.599581+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."
}