{
  "url": "https://openlegislation.uk/income-tax-trading-and-other-income-act-2005/schedule-4/part-2",
  "json_url": "https://openlegislation.uk/income-tax-trading-and-other-income-act-2005/schedule-4/part-2.json",
  "legislation": "ukpga/2005/5",
  "legislation_title": "Income Tax (Trading and Other Income) Act 2005",
  "legislation_url": "https://openlegislation.uk/income-tax-trading-and-other-income-act-2005",
  "path": "schedule/4/part/2",
  "kind": "part",
  "number": "2",
  "heading": "Index of expressions defined in this Act etc.",
  "text": "abandonment guarantee (in Chapter 16A of Part 2)\nsection 225N(6)\nabsolute interest (for the purposes of Chapter 6 of Part 5)\nsection 650(1)\n. . .\n. . .\naccounting period\nsection 1119 of CTA 2010 and Chapter 2 of Part 2 of CTA 2009\nacquisition expenditure (in Chapter 9 of Part 2)\nsection 130(3)\nadditional rate\nsection 6(2) of ITA 2007 (as applied by section 989 of that Act)\nadjustment expense (in Chapter 17 of Part 2)\nsection 228(3)\nadjustment expense (in Chapter 7 of Part 3)\nsection 330(3)\nadjustment income (in Chapter 17 of Part 2)\nsection 228(2)\nadjustment income (in Chapter 7 of Part 3)\nsection 330(2)\nthe administration period (in Chapter 6 of Part 5)\nsection 653(1)\nthe aggregate income of the estate (for the purposes of Chapter 6 of Part 5)\nsection 664(1)\nthe amount of premiums paid (in Chapter 9 of Part 4)\nsection 545(3)\nanimal (in Chapter 16ZA of Part 2)\nsection 225ZG\nanimal (in Chapter 8 of Part 2)\nsection 112(1)\nanimal being added to a herd (in Chapter 8 of Part 2)\nsection 112(6)\nanimals in a herd or part of a herd (for the purposes of Chapter 8 of Part 2)\nsection 112(3) to (5)\nassignment (in the application of the Act to Scotland)\nsection 1008(1) of ITA 2007\nassignment (of part or share in rights under a policy or contract) (in Chapter 9 of Part 4)\nsection 505(2)\nassignment (of whole of rights under a policy or contract) (in Chapter 9 of Part 4)\nsection 505(2)\nassumed income entitlement (for the purposes of Chapter 6 of Part 5)\nsection 665(2), (3)\nauthorised unit trust\nsection 989 of ITA 2007\naveraging claim (in Chapter 16 of Part 2)\nsection 221(1)\nbank arrangement (in Chapter 4 of Part 6)\nsection 704(4)(a)\nthe basic amount (in relation to estate income) (in Chapter 6 of Part 5)\nsection 656(4)\nbasic rate\nsection 6(2) of ITA 2007 (as applied by section 989 of that Act)\nbasic relieving amount by reference to a taxed receipt (in Chapter 4 of Part 3)\nsections 288(4), 289(2), (4)\n. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .\n. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .\nbody of persons\nsection 989 of ITA 2007\nbonus share capital (in Chapter 3 of Part 4)\nsection 414A(1)\nbuilding society\nsection 989 of ITA 2007\nbuilding society arrangement (in Chapter 4 of Part 6)\nsection 704(5)(a)\ncalculation event (in Chapter 9 of Part 4)\nsection 491(4)\ncapital allowance\nsection 989 of ITA 2007\ncapital cost of patent rights (in Chapter 2 of Part 5)\nsection 588(4)\ncapital redemption policy (in Chapter 9 of Part 4)\nsection 473(2)\ncapital sums (in Chapter 2 of Part 5)\nsection 608\ncapital sums included in the proceeds of sale (in relation to the exchange of property) (in Chapter 2 of Part 5)\nsection 605(5)\ncaravan\nsection 875\nthe cash basis (in Part 2)\nsection 24A\nthe cash basis (in Part 3)\nsection 271D\ncertified master version (in Chapter 9 of Part 2)\nsection 132(3)\ncertified SAYE savings arrangement (in Chapter 4 of Part 6)\nsection 703(1)\nchargeable event (in Chapter 9 of Part 4)\nsection 484\nchargeable period (in Chapter 16A of Part 2)\nsection 225E\n. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .\n. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .\ncharitable trust ...\nparagraph 1 of Schedule 6 to FA 2010)\ncharity\nparagraph 1 of Schedule 6 to FA 2010\n. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .\n. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .\nclaim\nsection 878(3)\nclose company\nChapter 2 of Part 10 of CTA 2010\n. . .\n. . .\ncompany\nsection 992 of ITA 2007\ncompany (for all purposes in the Income Tax Acts)\nsection 863(2)(c)\nconnected (in the context of “connected person” or one person being “connected” with another)\nsection 993 of ITA 2007 (see section 878(5) of this Act)\nconsideration received for disposal of know-how (for purposes of Chapter 14 of Part 2)\nsection 192(3), (4)\ncontract of insurance (in Chapter 9 of Part 4)\nsection 545(1)\ncontributing participator (in Chapter 16A of Part 2)\nsection 225R(3)\ncontrol . . .\nsection 995 of ITA 2007 (see section 878(6) of this Act)\nconversion of an interest-bearing corporate security into corporate strips of the security (for the purposes of Chapter 8 of Part 4)\nsections 452C and 452D\ncorporate strip (for the purposes of Chapter 8 of Part 4)\nsection 452E\ncorporation tax receipt (in Chapter 4 of Part 3)\nsection 296(1)\ncoupons (in Chapter 13 of Part 4)\nsection 571(3)\ndeeply discounted security (for the purposes of Chapter 8 of Part 4)\nsections 430 to 443(1)\nthe defaulter (in Chapter 16A of Part 2)\nsection 225R(3)\ndefault payment (in Chapter 16A of Part 2)\nsection 225R(3)\ndeposit rights (in Chapter 11 of Part 4)\nsection 552\ndesignated area (in Chapter 16A of Part 2)\nsection 225E\ndiscretionary interest (for the purposes of Chapter 6 of Part 5)\nsection 650(3)\ndisposal of a deeply discounted security (in Chapter 8 of Part 4)\nsection 437(1)\ndistribution\nsection 989 of ITA 2007\nthe dividend additional rate\nsection 8(3) of ITA 2007 (as applied by section 989 of that Act)\nthe dividend ordinary rate\nsection 8(1) of ITA 2007 (as applied by section 989 of that Act)\nthe dividend trust rate\nsection 9(2) of ITA 2007 (as applied by section 989 of that Act)\nthe dividend upper rate\nsection 8(2) of ITA 2007 (as applied by section 989 of that Act)\ndividends (in Chapter 3 of Part 4)\nsection 382(4)\ndividends (in Chapter 4 of Part 4)\nsection 402(4)\nelection\nsection 878(3)\nemployment income\nsection 7(2) of ITEPA 2003\nentering the cash basis (in Chapter 17A of Part 2)\nsection 240B\nestate (in Chapter 6 of Part 5)\nsection 649(2)\nestate income (in Chapter 6 of Part 5)\nsection 649(2)\nestate in land (in relation to any land in Scotland)\nsection 1008(1) of ITA 2007\nEuropean authorised institution (in Chapter 4 of Part 6)\nsection 704(6)\nEuropean authorised institution arrangement (in Chapter 4 of Part 6)\nsection 704(6)\nexcess event (in Chapter 9 of Part 4)\nsection 491(4)\nexcluded indexed security (in Chapter 8 of Part 4)\nsection 433(1)\nthe exemption condition (in Chapter 6 of Part 6)\nsection 713(3)\nfarmers (in Chapter 8 of Part 2)\nsection 111(3)\nfarming\nsection 996 of ITA 2007\nfarming trade (in Chapter 16ZA of Part 2)\nsection 225ZG\nfilm (in Chapter 9 of Part 2)\nsection 131\nfinal insurance year (in Chapter 9 of Part 4)\nsection 499(4), (5)\nthe final tax year (in Chapter 6 of Part 5)\nsection 653(3)\nfirm\nsections 847(1) and 863\nfirm (for all purposes in the Income Tax Acts)\nsection 863(2)(a)\nfor accounting purposes\nsection 997 of ITA 2007\nforeign capital redemption policy (in Chapter 9 of Part 4)\nsection 476(3)\nforeign employment election\nsection 989 of ITA 2007 (and see section 41M of ITEPA 2003)\nforeign estate (in Chapter 6 of Part 5)\nsection 651(1)\nforeign gain claim\nsection 989 of ITA 2007 (and see paragraph 1 of Schedule D1 to TCGA 1992)\nforeign holdings (in Chapter 13 of Part 4)\nsection 571(1)\nforeign income claim\nsection 989 of ITA 2007 (and see section 845A of this Act)\nforeign institution (in Chapter 9 of Part 4)\nsection 468(5)\nforeign policy of life insurance (in Chapter 9 of Part 4)\nsection 476(3)\nforestry\nsection 996(3) of ITA 2007\n. . .\n. . .\n. . .\n. . .\nFOTRA security (in Chapter 6 of Part 6)\nsection 713(2)\nfriendly society (in Chapter 9 of Part 4)\nsection 545(1)\n. . .\n. . .\ngenerally accepted accounting practice\nsection 997 of ITA 2007\ngenerating income from land (in Chapter 3 of Part 3)\nsections 266 and 267\ngilt-edged security\nsection 153(1)\ngrossing up\nsection 998 of ITA 2007\ngroup life policy (in Chapter 9 of Part 4)\nsection 480(2)\nthe guarantor (in Chapter 16A of Part 2)\nsection 225N(6)\nherd (in Chapter 8 of Part 2)\nsection 112(1)\nherd basis election (in Chapter 8 of Part 2)\nsection 111(1)\nherd basis rules (in Chapter 8 of Part 2)\nsection 111(2)\nhigher rate\nsection 6(2) of ITA 2007 (as applied by section 989 of that Act)\nhouseboat\nsection 878(1)\nin accordance with GAAP (in Part 3)\nsection 271B\nincome\nsection 878(1)\nincome arising under a settlement (in Chapter 5 of Part 5)\nsection 648\nincome arising under the settlement (in relation to a settlor) (in Chapter 5 of Part 5)\nsection 644(3)(b)\nincome period (in Chapter 2 of Part 7)\nsection 805(2) and (3)\nindividual's limit (in Chapter 1 of Part 7)\nsection 789\nindividual's limit (in Chapter 2 of Part 7)\nsection 808\nindividual's property allowance (in Chapter 2 of Part 6A\nsection 783BD\nindividual's trading allowance (in Chapter 1 of Part 6A)\nsection 783AD\n. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .\n. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .\ninstitutional arrangement (in Chapter 4 of Part 6)\nsection 704(3)\ninsurance company (in Chapter 9 of Part 4)\nsection 545(1)\ninsurance year (in Chapter 9 of Part 4)\nsection 499(1), (3), (5)\n. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .\n. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .\ninterest\nsection 564M of ITA 2007\ninterest (in Chapter 4 of Part 6)\nsection 702(4)\ninternational accounting standards\nsection 997 of ITA 2007\ninterest-bearing corporate security (for the purposes of Chapter 8 of Part 4)\nsection 452B\ninvestment plan regulations (in Chapter 3 of Part 6)\nsection 694(2)\n. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .\n. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .\nkeeping a production herd (in Chapter 8 of Part 2)\nsection 111(4)\nknow-how (in Chapter 14 of Part 2)\nsection 192(1), (2)\nknow-how (in Chapter 2 of Part 5)\nsection 583(4), (5)\nlease (in Part 3)\nsection 364(1)\nletting (in Chapter 1 of Part 7)\nsection 802\nlife annuity (in Chapter 9 of Part 4)\nsection 473(2)\nlimited interest (for the purposes of Chapter 6 of Part 5)\nsection 650(2)\nlinked savings arrangement (in Chapter 4 of Part 6)\nsection 703(2)\nlocal authority\nsection 999 of ITA 2007\n. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .\n. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .\nmarket gardening\nsection 996(5) of ITA 2007\nmarket value (in Chapter 8 of Part 4)\nsection 460(3)\nmarket value (in Chapter 9 of Part 4)\nsection 545(1)\nmature (in relation to female animals) (for the purposes of Chapter 8 of Part 2)\nsection 113(5)\nmembers of a company (for all purposes in the Tax Acts)\nsection 863(2)(d)\nmembers of a firm (for all purposes in the Income Tax Acts)\nsection 863(2)(b)\nmineral lease or agreement (in Chapter 8 of Part 3)\nsection 341(1)\nmineral royalties (in Chapter 8 of Part 3)\nsections 341(2), 342, 343\nmiscellaneous income (in Chapter 1 of Part 6A)\nsection 783AB\nmortgage (in the application of the Act to Scotland)\nsection 879(1)\nnational savings arrangement (in Chapter 4 of Part 6)\nsection 704(2)\nnon-charitable trust (in Chapter 9 of Part 4)\nsection 545(1)\nnon-trade business (in Chapter 3 of Part 5)\nsection 609(1)\nnon-UK resident (and references to a non-UK resident or a non-UK resident person)\nsection 989 of ITA 2007\nnormal self-assessment filing date\nsection 989 of ITA 2007\nnotice\nsection 989 of ITA 2007\noil (in Chapter 16A of Part 2)\nsection 225E\noil and gas exploration and appraisal\nsection 1003 of ITA 2007\noil extraction activities (in Chapter 16A of Part 2)\nsection 225A\noil field (in Chapter 16A of Part 2)\nsection 225E\noil rights (in Chapter 16A of Part 2)\nsection 225B\noption (in Chapter 12 of Part 4)\nsection 558(2)\nordinary share capital\nsection 989 of ITA 2007\noriginal master version (in Chapter 9 of Part 2)\nsection 132(1), (2)\nOTA 1975 (in Chapter 16A of Part 2)\nsection 225E\n. . .\n. . .\n. . .\n. . .\noverseas life assurance business (in Chapter 9 of Part 4)\nsection 476(3)\nthe overseas part\nsection 989 of ITA 2007\noverseas property business\nChapter 2 of Part 3\noverseas property income (in Chapter 11 of Part 3)\nsection 358\npart surrender or assignment event (in Chapter 9 of Part 4)\nsection 491(4)\nparticipator (in Chapter 16A of Part 2)\nsection 225E\npatent rights (in Chapter 2 of Part 5)\nsection 587(4)\nperiod of account\nsection 989 of ITA 2007\npermanent establishment\nChapter 2 of Part 24 of CTA 2010 (as applied by section 989 of ITA 2007)\n. . .\n. . .\nperson creating trusts (for the purposes of Chapter 9 of Part 4)\nsection 465(6)\npersonal portfolio bond (in Chapter 9 of Part 4)\nsections 516, 517\npersonal portfolio bond event (in Chapter 9 of Part 4)\nsection 491(4)\npersonal representatives\nsection 989 of ITA 2007\nplan managers (in Chapter 3 of Part 6)\nsection 696(2)\npolicy (in Chapter 9 of Part 4)\nsection 545(1)\npost-cessation receipt (in Part 2)\nsections 246 and 247\npost-cessation receipt (in Chapter 10 of Part 3)\nsections 353 and 354\npreliminary expenditure (in Chapter 9 of Part 2)\nsection 130(6)\npremises (in Part 3)\nsection 364(2)\npremium (in Chapter 4 of Part 3)\nsection 307(1), (3)\npremium (in Chapter 9 of Part 4)\nsection 545(2)\nthe price (in relation to the exchange of know-how) (in Chapter 14 of Part 2)\nsection 192(6)\nthe price (in relation to the exchange of property) (in Chapter 2 of Part 5)\nsection 605(4)\nproceeds of sale (in relation to the exchange of know-how) (in Chapter 14 of Part 2)\nsection 192(6)\nproceeds of sale (in relation to the exchange of property) (in Chapter 2 of Part 5)\nsection 605(4)\nproduction expenditure (in Chapter 9 of Part 2)\nsection 130(2)\nproduction herd (in Chapter 8 of Part 2)\nsection 112(1), (2)\nproduction herd (of the same class) (for the purposes of Chapter 8 of Part 2)\nsection 113(2)\nprofits from a trade, profession or vocation (for the purposes of Chapter 16 of Part 2)\nsection 221(4), (5)\nprofits or gains\nsection 989 of ITA 2007\nany prohibitive rule (in Chapter 9 of Part 2)\nsection 130(7)\nproperty business\nsection 263(6)\nproperty comprised in a settlement (in relation to a settlor) (in Chapter 5 of Part 5)\nsection 644(3)(a)\nproperty or rights held on trust or on trusts (in the application of the Act to Scotland)\nsection 1008(2) of ITA 2007\nprovider (in relation to a bank arrangement) (in Chapter 4 of Part 6)\nsection 704(4)(b)\nprovider (in relation to a building society arrangement) (in Chapter 4 of Part 6)\nsection 704(5)(b)\nprovider (in relation to a European authorised institution arrangement) (in Chapter 4 of Part 6)\nsection 704(6)\nprovides foster care (and related expressions) (in Chapter 2 of Part 7)\nsection 806\nprovides qualifying care (in Chapter 2 of Part 7)\nsection 805A\nprovides shared lives care (in Chapter 2 of Part 7)\nsection 806A\npublic body (in Chapter 2 of Part 5)\nsection 603(2)\npurchased life annuity (in Chapter 7 of Part 4)\nsection 423\nqualifying care receipts (in Chapter 2 of Part 7)\nsection 805\nqualifying care relief (in Chapter 2 of Part 7)\nsection 803(1)\nqualifying distribution\nsection 989 of ITA 2007\nqualifying new resident\nsection 989 of ITA 2007 (and see section 845B of this Act)\nqualifying policy\nsection 989 of ITA 2007\nqualifying trade, profession or vocation (in Chapter 16 of Part 2)\nsection 221(2)\n. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .\n. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .\nreceipt period (of a receipt) (for the purposes of Chapter 4 of Part 3)\nsections 288(6), 296(3)\nreceipts and expenses (in the context of the calculation of the profits of a trade, profession or vocation or of a property business) (in the Income Tax Acts)\nsection 27 (including as applied by section 272)\nrecognised futures exchange\nsection 558(3)\nrecognised stock exchange\nsection 1005 of ITA 2007\nreduction under section 288 by reference to a taxed receipt (in Chapter 4 of Part 3)\nsection 290(6)\nreduction under section 37(2) or (3) of ICTA by reference to an amount chargeable on the superior interest (in Chapter 4 of Part 3)\nsection 297(2)\nregistered pension scheme\nsection 150(2) of FA 2004 (as applied by section 989 of ITA 2007)\nrelated (in relation to a policy) (in Chapter 9 of Part 4)\nsection 491(6)\nrelated transactions (in Chapter 12 of Part 4)\nsection 566\nrelevant allowance (in Chapter 1 of Part 7)\nsection 802\nrelevant balancing charge (in Chapter 1 of Part 7)\nsection 802\nrelevant foreign income\nsection 830\nrelevant income (in Chapter 1 of Part 6A)\nsection 783AC\nthe relevant participator (in Chapter 16A of Part 2)\nsection 225N(6)\nrelevant period (in Chapter 9 of Part 2)\nsection 133\nthe relevant profits (in Chapter 16 of Part 2)\nsection 221(1), (4), (5)\nrelevant property business (in Chapter 2 of Part 6A)\nsection 783BA\nrelevant property income (in Chapter 2 of Part 6A)\nsection 783BC\nrelevant telecommunication right (in Chapter 10 of Part 2)\nsection 146\nrelevant trade (in Chapter 1 of Part 6A)\nsection 783AA\nrelievable receipts (in Chapter 2 of Part 6A)\nsection 783BB\nrent receivable for a UK electric-line wayleave (in Chapter 9 of Part 3)\nsection 345\nrent receivable in connection with a UK section 12(4) concern (in Chapter 8 of Part 3)\nsection 336\nrent (in Chapter 8 of Part 3)\nsection 336(3)\nrent (in Chapter 9 of Part 3)\nsection 345(3)\nrent-a-room receipts (in Chapter 1 of Part 7)\nsection 786\nrent-a-room relief (in Chapter 1 of Part 7)\nsection 784\nresidence (in Chapter 1 of Part 7)\nsection 787\nresidence (in Chapter 2 of Part 7)\nsection 806B\nthe residuary income of the estate (for the purposes of Chapter 6 of Part 5)\nsection 666(1)\nretail prices index\nsection 989 of ITA 2007\nreturn from one or more disposals (in Chapter 12 of Part 4)\nsection 561(1)\nreversion (in the application of Chapter 4 of Part 3 to Scotland)\nsection 307(3)\nring fence income (in Chapter 16A of Part 2)\nsection 225C\nring fence trade (in Chapter 16A of Part 2)\nsection 225D\nsale of an animal (for the purposes of Chapter 8 of Part 2)\nsection 113(3)\nsale of know-how (for purposes of Chapter 14 of Part 2)\nsections 192(5)\nsale of property (in Chapter 2 of Part 5)\nsections 605(1), 606(1)\nsale or transfer of trading stock (in Chapter 12 of Part 2)\nsection 174(3)\nsale proceeds of an animal (for the purposes of Chapter 8 of Part 2)\nsection 113(4)\nScottish additional rate\nsection 6A of ITA 2007 (as applied by section 989 of that Act\nScottish basic rate\nsection 6A of ITA 2007 (as applied by section 989 of that Act\nScottish higher rate\nsection 6A of ITA 2007 (as applied by section 989 of that Act\nScottish taxpayer\nsection 989 of ITA 2007\n. . .\n. . .\n. . .\n. . .\nsettlement (in Chapter 5 of Part 5)\nsection 620\nsettlor (in Chapter 5 of Part 5)\nsection 620(1)\nsettlor (for the purposes of Chapter 9 of Part 4)\nsection 465(6)\nshare (in Chapter 8 of Part 4)\nsection 460(1)\nshare of residuary income of estate (for the purposes of Chapter 6 of Part 5)\nsection 667\nshort-term lease (in Chapter 4 of Part 3)\nsection 276(6)\nsplit year\nsection 989 of ITA 2007\nstarting rate for savings\nsection 7 of ITA 2007 (as applied by section 989 of that Act)\nstarting rate limit for savings\nsection 12 of ITA 2007 (as applied by section 989 of that Act)\nstatutory insolvency arrangement (in Part 2)\nsection 259\nstepchild\nsection 246 of the Civil Partnership Act 2004 (as applied by section 989 of ITA 2007)\nstock dividend income (in Chapter 5 of Part 4)\nsection 409(2)\nstrip (in Chapter 8 of Part 4)\nsection 444\nsubstantial part of a herd (for purposes of Chapter 8 of Part 2)\nsection 113(6)\nsurrender (in the application of the Act to Scotland)\nsection 1008(1) of ITA 2007\ntax advantage (in Chapter 8 of Part 4)\nsection 460(2)\ntax year\nsection 4(2) of ITA 2007 (as applied by section 989 of that Act)\nthe tax year 2005-06 etc.\nsection 4(4) of ITA 2007 (as applied by section 989 of that Act)\ntaxed lease (in Chapter 4 of Part 3)\nsection 287(4)\ntaxed receipt (in Chapter 4 of Part 3)\nsection 287(4)\ntaxpayer (in Chapter 16 of Part 2)\nsection 221(1)\nthe farmer (in Chapter 16ZA of Part 2)\nsection 225ZG\ntotal compensation profit (in Chapter 16ZA of Part 2\nsection 225ZB\ntotal income\nsection 23 of ITA 2007 (as applied by section 989 of that Act)\ntotal qualifying care receipts (in Chapter 2 of Part 7)\nsection 807\ntotal rent-a-room amount (in Chapter 1 of Part 7)\nsection 788\ntrade\nsection 989 of ITA 2007\ntrading stock (in relation to a trade) (in Chapter 11A of Part 2)\nsection 172A\ntrading stock (in relation to a trade) (in Chapter 12 of Part 2)\nsection 174\ntransfer of work in progress (in Chapter 12 of Part 2)\nsection 183(2)\ntrust rate\nsection 9(1) of ITA 2007 (as applied by section 989 of that Act)\ntrusts an individual created (for the purposes of Chapter 9 of Part 4)\nsection 465(6)\nUK estate (in Chapter 6 of Part 5)\nsection 651(1)\nthe UK part\nsection 989 of ITA 2007\nUK property business\nChapter 2 of Part 3\nUK resident (and references to a UK resident or a UK resident person)\nsection 989 of ITA 2007\nUlster Savings Certificates\nsection 693(7)\nunit holder\nsection 989 of ITA 2007\nunit trust scheme\nsection 1007 of ITA 2007\nUnited Kingdom\nsection 1013 of ITA 2007\nunreduced amount (of a taxed receipt) (in Chapter 4 of Part 3)\nsections 290(2) to (4), 296(4) to (6)\nunused amount (of a taxed receipt) (for the purposes of Chapter 4 of Part 3)\nsection 290(1), (5)\nventure capital trust\nsection 989 of ITA 2007\nwithin the charge to tax\nsection 1009 of ITA 2007\nwoodlands\nsection 996(4) of ITA 2007\nwork in progress (in Chapter 12 of Part 2)\nsection 183(1)",
  "extent": "E+W+S+N.I.",
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "F",
      "label": "F1",
      "text": "Words in Sch. 4 Pt. 2 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. 191 (with Sch. 9 paras. 1-9, 22)"
    },
    {
      "type": "F",
      "label": "F2",
      "text": "Words in Sch. 4 Pt. 2 omitted (6.4.2024 for the tax year 2024-25 and subsequent tax years) by virtue of Finance Act 2022 (c. 3), Sch. 1 paras. 29(a), 61(1)"
    },
    {
      "type": "F",
      "label": "F3",
      "text": "Words in Sch. 4 Pt. 2 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. 472(3)(a) (with Sch. 2)"
    },
    {
      "type": "F",
      "label": "F4",
      "text": "Words in Sch. 4 Pt. 2 inserted (with effect in accordance with s. 1329(1) of the amending Act) by Corporation Tax Act 2009 (c. 4), s. 1329(1), Sch. 1 para. 647(3)(a)(ii) (with Sch. 2 Pts. 1, 2)"
    },
    {
      "type": "F",
      "label": "F5",
      "text": "Words in Sch. 4 Pt. 2 inserted (with effect in accordance with Sch. 2 para. 25 of the amending Act) by Finance Act 2009 (c. 10), Sch. 2 para. 23(2)"
    },
    {
      "type": "F",
      "label": "F6",
      "text": "Words in Sch. 4 Pt. 2 inserted (1.3.2012) by The Enactment of Extra-Statutory Concessions Order 2012 (S.I. 2012/266), arts. 1, 8 (with art. 9)"
    },
    {
      "type": "F",
      "label": "F7",
      "text": "Sch. 4 Pt. 2 Table: words in entry relating to \"assignment (in the application of the Act to Scotland)\" substituted (with effect as stated in s. 1034(1) of the amending Act) by Income Tax Act 2007 (c. 3), ss. 1027, 1034, Sch. 1 para. 592(2) (with transitional provisions and savings in Sch. 2)"
    },
    {
      "type": "F",
      "label": "F8",
      "text": "Sch. 4 Pt. 2 Table: words in entry relating to \"authorised unit trust\" substituted (with effect as stated in s. 1034(1) of the amending Act) by Income Tax Act 2007 (c. 3), ss. 1027, 1034, Sch. 1 para. 592(3) (with transitional provisions and savings in Sch. 2)"
    },
    {
      "type": "F",
      "label": "F9",
      "text": "Sch. 4 Pt. 2 Table: words in entry relating to \"basic rate\" substituted (with effect as stated in s. 1034(1) of the amending Act) by Income Tax Act 2007 (c. 3), ss. 1027, 1034, Sch. 1 para. 592(4) (with transitional provisions and savings in Sch. 2)"
    },
    {
      "type": "F",
      "label": "F10",
      "text": "Sch. 4 Pt. 2 Table: entry relating to \"the Board of Inland Revenue\" repealed (18.4.2005) by Commissioners for Revenue and Customs Act 2005 (c. 11), ss. 50, 52, 53(1), Sch. 4 para. 134(2), Sch. 5"
    },
    {
      "type": "F",
      "label": "F11",
      "text": "Sch. 4 Pt. 2 Table: words in entry relating to \"body of persons\" substituted (with effect as stated in s. 1034(1) of the amending Act) by Income Tax Act 2007 (c. 3), ss. 1027, 1034, Sch. 1 para. 592(5) (with transitional provisions and savings in Sch. 2)"
    },
    {
      "type": "F",
      "label": "F12",
      "text": "Words in Sch. 4 Pt. 2 inserted (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. 472(3)(d) (with Sch. 2)"
    },
    {
      "type": "F",
      "label": "F13",
      "text": "Sch. 4 Pt. 2 Table: words in entry relating to \"building society\" substituted (with effect as stated in s. 1034(1) of the amending Act) by Income Tax Act 2007 (c. 3), ss. 1027, 1034, Sch. 1 para. 592(6) (with transitional provisions and savings in Sch. 2)"
    },
    {
      "type": "F",
      "label": "F14",
      "text": "Sch. 4 Pt. 2 Table: words in entry relating to \"capital allowance\" substituted (with effect as stated in s. 1034(1) of the amending Act) by Income Tax Act 2007 (c. 3), ss. 1027, 1034, Sch. 1 para. 592(7) (with transitional provisions and savings in Sch. 2)"
    },
    {
      "type": "F",
      "label": "F15",
      "text": "Words in Sch. 4 Pt. 2 inserted (with effect in accordance with Sch. 4 para. 56 57 of the amending Act) by Finance Act 2013 (c. 29), Sch. 4 para. 53"
    },
    {
      "type": "F",
      "label": "F16",
      "text": "Words in Sch. 4 Pt. 2 substituted (6.4.2024 for the tax year 2024-25 and subsequent tax years) by Finance Act 2024 (c. 3), Sch. 10 paras. 35, 47 (with Sch. 10 paras. 48-50)"
    },
    {
      "type": "F",
      "label": "F17",
      "text": "Words in Sch. 4 Pt. 2 inserted (16.11.2017) (with effect in accordance with Sch. 2 para. 64 of the amending Act) by Finance (No. 2) Act 2017 (c. 32), Sch. 2 para. 41"
    },
    {
      "type": "F",
      "label": "F18",
      "text": "Sch. 4 Pt. 2 Table: entry relating to \"chargeable period\" repealed (with effect as stated in s. 1034(1) of the amending Act) by Income Tax Act 2007 (c. 3), ss. 1027, 1031, 1034, Sch. 1 para. 592(8), Sch. 3 Pt. 1 (with transitional provisions and savings in Sch. 2)"
    },
    {
      "type": "F",
      "label": "F19",
      "text": "Words in Sch. 4 Pt. 2 omitted (with effect in accordance with art. 15 of the commencing S.I.) by virtue of Finance Act 2010 (c. 13), Sch. 6 paras. 21(5)(a)(i), 34(2); S.I. 2012/736, art. 15"
    },
    {
      "type": "F",
      "label": "F20",
      "text": "Words in Sch. 4 Pt. 2 substituted (with effect in accordance with art. 15 of the commencing S.I.) by Finance Act 2010 (c. 13), Sch. 6 paras. 21(5)(a)(ii), 34(2); S.I. 2012/736, art. 15"
    },
    {
      "type": "F",
      "label": "F21",
      "text": "Words in Sch. 4 Pt. 2 substituted (with effect in accordance with art. 15 of the commencing S.I.) by Finance Act 2010 (c. 13), Sch. 6 paras. 21(5)(b), 34(2); S.I. 2012/736, art. 15"
    },
    {
      "type": "F",
      "label": "F22",
      "text": "Sch. 4 Pt. 2 Table: entry relating to \"child\" repealed (with effect as stated in s. 1034(1) of the amending Act) by Income Tax Act 2007 (c. 3), ss. 1027, 1031, 1034, Sch. 1 para. 592(10), Sch. 3 Pt. 1 (with transitional provisions and savings in Sch. 2)"
    },
    {
      "type": "F",
      "label": "F23",
      "text": "Words in Sch. 4 Pt. 2 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. 472(3)(b) (with Sch. 2)"
    },
    {
      "type": "F",
      "label": "F24",
      "text": "Words in Sch. 4 Pt. 2 omitted (for the purposes of income tax in relation to the tax year 2025-26 and subsequent tax years) by virtue of Finance Act 2025 (c. 8), Sch. 5 paras. 2(10), 12(1) (with Sch. 5 paras. 15, 18(4), 19)"
    },
    {
      "type": "F",
      "label": "F25",
      "text": "Sch. 4 Pt. 2 Table: words in entry relating to \"company\" substituted (with effect as stated in s. 1034(1) of the amending Act) by Income Tax Act 2007 (c. 3), ss. 1027, 1034, Sch. 1 para. 592(11) (with transitional provisions and savings in Sch. 2)"
    },
    {
      "type": "F",
      "label": "F26",
      "text": "Sch. 4 Pt. 2 Table: words in entry relating to \"connected\" substituted (with effect as stated in s. 1034(1) of the amending Act) by Income Tax Act 2007 (c. 3), ss. 1027, 1034, Sch. 1 para. 592(12) (with transitional provisions and savings in Sch. 2)"
    },
    {
      "type": "F",
      "label": "F27",
      "text": "Sch. 4 Pt. 2 Table: words in entry relating to \"control\" repealed (with effect as stated in s. 1034(1) of the amending Act) by Income Tax Act 2007 (c. 3), ss. 1027, 1031, 1034, Sch. 1 para. 592(13)(a), Sch. 3 Pt. 1 (with transitional provisions and savings in Sch. 2)"
    },
    {
      "type": "F",
      "label": "F28",
      "text": "Sch. 4 Pt. 2 Table: words in entry relating to \"control\" substituted (with effect as stated in s. 1034(1) of the amending Act) by Income Tax Act 2007 (c. 3), ss. 1027, 1034, Sch. 1 para. 592(13)(b) (with transitional provisions and savings in Sch. 2)"
    },
    {
      "type": "F",
      "label": "F29",
      "text": "Sch. 4 Pt. 2 Table: entry relating to ss. 452C and 452D inserted (retrospectively) by Finance (No. 2) Act 2005 (c. 22), s. 39, Sch. 7 para. 25(9)(10)"
    },
    {
      "type": "F",
      "label": "F30",
      "text": "Sch. 4 Pt. 2 Table:.entry relating to s. 452E inserted (retrospectively) by Finance (No. 2) Act 2005 (c. 22), s. 39, Sch. 7 para. 25(9)(10)"
    },
    {
      "type": "F",
      "label": "F31",
      "text": "Sch. 4 Pt. 2 Table: words in entry relating to \"distribution\" substituted (with effect as stated in s. 1034(1) of the amending Act) by Income Tax Act 2007 (c. 3), ss. 1027, 1034, Sch. 1 para. 592(14) (with transitional provisions and savings in Sch. 2)"
    },
    {
      "type": "F",
      "label": "F32",
      "text": "Words in Sch. 4 Pt. 2 inserted (with effect in accordance with Sch. 2 para. 25 of the amending Act) by Finance Act 2009 (c. 10), Sch. 2 para. 23(3)"
    },
    {
      "type": "F",
      "label": "F33",
      "text": "Sch. 4 Pt. 2 Table: words in entry relating to \"the dividend ordinary rate\" substituted (with effect as stated in s. 1034(1) of the amending Act) by Income Tax Act 2007 (c. 3), ss. 1027, 1034, Sch. 1 para. 592(15) (with transitional provisions and savings in Sch. 2)"
    },
    {
      "type": "F",
      "label": "F34",
      "text": "Sch. 4 Pt. 2 Table: words in entry relating to \"the dividend trust rate\" substituted (with effect as stated in s. 1034(1) of the amending Act) by Income Tax Act 2007 (c. 3), ss. 1027, 1034, Sch. 1 para. 592(16) (with transitional provisions and savings in Sch. 2)"
    },
    {
      "type": "F",
      "label": "F35",
      "text": "Sch. 4 Pt. 2 Table: words in entry relating to \"the dividend upper rate\" substituted (with effect as stated in s. 1034(1) of the amending Act) by Income Tax Act 2007 (c. 3), ss. 1027, 1034, Sch. 1 para. 592(17) (with transitional provisions and savings in Sch. 2)"
    },
    {
      "type": "F",
      "label": "F36",
      "text": "Sch. 4 Pt. 2 Table: words in entry relating to \"estate in land (in relation to any land in Scotland)\" substituted (with effect as stated in s. 1034(1) of the amending Act) by Income Tax Act 2007 (c. 3), ss. 1027, 1034, Sch. 1 para. 592(18) (with transitional provisions and savings in Sch. 2)"
    },
    {
      "type": "F",
      "label": "F37",
      "text": "Sch. 4 Pt. 2 Table: words in entry relating to \"farming\" substituted (with effect as stated in s. 1034(1) of the amending Act) by Income Tax Act 2007 (c. 3), ss. 1027, 1034, Sch. 1 para. 592(19) (with transitional provisions and savings in Sch. 2)"
    },
    {
      "type": "F",
      "label": "F38",
      "text": "Sch. 4 Pt. 2 Table: words in entry relating to \"for accounting purposes\" substituted (with effect as stated in s. 1034(1) of the amending Act) by Income Tax Act 2007 (c. 3), ss. 1027, 1034, Sch. 1 para. 592(20) (with transitional provisions and savings in Sch. 2)"
    },
    {
      "type": "F",
      "label": "F39",
      "text": "Words in Sch. 4 Pt. 2 Table inserted (18.3.2026) by Finance Act 2026 (c. 11), Sch. 3 para. 7(3)"
    },
    {
      "type": "F",
      "label": "F40",
      "text": "Sch. 4 Pt. 2 Table: words in entry relating to \"forestry\" substituted (with effect as stated in s. 1034(1) of the amending Act) by Income Tax Act 2007 (c. 3), ss. 1027, 1034, Sch. 1 para. 592(21) (with transitional provisions and savings in Sch. 2)"
    },
    {
      "type": "F",
      "label": "F41",
      "text": "Sch. 4 Pt. 2 entries omitted (with effect in accordance with Sch. 1 para. 36 of the amending Act) by virtue of Finance (No. 3) Act 2010 (c. 33), Sch. 1 para. 35(a) (with Sch. 1 para. 37)"
    },
    {
      "type": "F",
      "label": "F42",
      "text": "Words in Sch. 4 omitted (with effect in accordance with Sch. 12 para. 18(1) of the amending Act) by virtue of Finance Act 2013 (c. 29), Sch. 12 para. 13(6)"
    },
    {
      "type": "F",
      "label": "F43",
      "text": "Sch. 4 Pt. 2 Table: words in entry relating to \"generally accepted accounting practice\" substituted (with effect as stated in s. 1034(1) of the amending Act) by Income Tax Act 2007 (c. 3), ss. 1027, 1034, Sch. 1 para. 592(22) (with transitional provisions and savings in Sch. 2)"
    },
    {
      "type": "F",
      "label": "F44",
      "text": "Sch. 4 Pt. 2 Table: words in entry relating to \"grossing up\" substituted (with effect as stated in s. 1034(1) of the amending Act) by Income Tax Act 2007 (c. 3), ss. 1027, 1034, Sch. 1 para. 592(23) (with transitional provisions and savings in Sch. 2)"
    },
    {
      "type": "F",
      "label": "F45",
      "text": "Sch. 4 Pt. 2 Table: words in entry relating to \"higher rate\" substituted (with effect as stated in s. 1034(1) of the amending Act) by Income Tax Act 2007 (c. 3), ss. 1027, 1034, Sch. 1 para. 592(24) (with transitional provisions and savings in Sch. 2)"
    },
    {
      "type": "F",
      "label": "F46",
      "text": "Words in Sch. 4 Pt. 2 inserted (16.11.2017) (with effect in accordance with Sch. 3 para. 13 of the amending Act) by Finance (No. 2) Act 2017 (c. 32), Sch. 3 para. 11(a)"
    },
    {
      "type": "F",
      "label": "F47",
      "text": "Sch. 4 Pt. 2 Table: entry relating to \"the Inland Revenue\" repealed (18.4.2005) by Commissioners for Revenue and Customs Act 2005 (c. 11), ss. 50, 52, 53(1), Sch. 4 para. 134(2), Sch. 5"
    },
    {
      "type": "F",
      "label": "F48",
      "text": "Sch. 4 Pt. 2 Table: entry relating to \"interest\" repealed (with effect as stated in s. 1034(1) of the amending Act) by Income Tax Act 2007 (c. 3), ss. 1027, 1031, 1034, Sch. 1 para. 592(25), Sch. 3 Pt. 1 (with transitional provisions and savings in Sch. 2)"
    },
    {
      "type": "F",
      "label": "F49",
      "text": "Words in Sch. 4 Pt. 2 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. 212 (with Sch. 9 paras. 1-9, 22)"
    },
    {
      "type": "F",
      "label": "F50",
      "text": "Sch. 4 Pt. 2 Table: words in entry relating to \"international accounting standards\" substituted (with effect as stated in s. 1034(1) of the amending Act) by Income Tax Act 2007 (c. 3), ss. 1027, 1034, Sch. 1 para. 592(26) (with transitional provisions and savings in Sch. 2)"
    },
    {
      "type": "F",
      "label": "F51",
      "text": "Sch. 4 Pt. 2 Table: entry relating to s. 452B inserted (retrospectively) by Finance (No. 2) Act 2005 (c. 22), s. 39, Sch. 7 para. 25(9)(10)"
    },
    {
      "type": "F",
      "label": "F52",
      "text": "Sch. 4 Pt. 2 Table: entry relating to \"investment trust\" repealed (with effect as stated in s. 1034(1) of the amending Act) by Income Tax Act 2007 (c. 3), ss. 1027, 1031, 1034, Sch. 1 para. 592(27), Sch. 3 Pt. 1 (with transitional provisions and savings in Sch. 2)"
    },
    {
      "type": "F",
      "label": "F53",
      "text": "Sch. 4 Pt. 2 Table: words in entry relating to \"local authority\" substituted (with effect as stated in s. 1034(1) of the amending Act) by Income Tax Act 2007 (c. 3), ss. 1027, 1034, Sch. 1 para. 592(28) (with transitional provisions and savings in Sch. 2)"
    },
    {
      "type": "F",
      "label": "F54",
      "text": "Sch. 4 Pt. 2 Table: entry relating to \"lower rate\" repealed (with effect as stated in s. 1034(1) of the amending Act) by Income Tax Act 2007 (c. 3), ss. 1027, 1031, 1034, Sch. 1 para. 592(29), Sch. 3 Pt. 1 (with transitional provisions and savings in Sch. 2)"
    },
    {
      "type": "F",
      "label": "F55",
      "text": "Sch. 4 Pt. 2 Table: words in entry relating to \"market gardening\" substituted (with effect as stated in s. 1034(1) of the amending Act) by Income Tax Act 2007 (c. 3), ss. 1027, 1034, Sch. 1 para. 592(30) (with transitional provisions and savings in Sch. 2)"
    },
    {
      "type": "F",
      "label": "F56",
      "text": "Sch. 4 Pt. 2 Table: words in entry relating to \"non-UK resident\" substituted (with effect as stated in s. 1034(1) of the amending Act) by Income Tax Act 2007 (c. 3), ss. 1027, 1034, Sch. 1 para. 592(31) (with transitional provisions and savings in Sch. 2)"
    },
    {
      "type": "F",
      "label": "F57",
      "text": "Sch. 4 Pt. 2 Table: words in entry relating to \"normal self-assessment filing date\" substituted (with effect as stated in s. 1034(1) of the amending Act) by Income Tax Act 2007 (c. 3), ss. 1027, 1034, Sch. 1 para. 592(32) (with transitional provisions and savings in Sch. 2)"
    },
    {
      "type": "F",
      "label": "F58",
      "text": "Sch. 4 Pt. 2 Table: words in entry relating to \"notice\" substituted (with effect as stated in s. 1034(1) of the amending Act) by Income Tax Act 2007 (c. 3), ss. 1027, 1034, Sch. 1 para. 592(33) (with transitional provisions and savings in Sch. 2)"
    },
    {
      "type": "F",
      "label": "F59",
      "text": "Sch. 4 Pt. 2 Table: words in entry relating to \"oil and gas exploration and appraisal\" substituted (with effect as stated in s. 1034(1) of the amending Act) by Income Tax Act 2007 (c. 3), ss. 1027, 1034, Sch. 1 para. 592(34) (with transitional provisions and savings in Sch. 2)"
    },
    {
      "type": "F",
      "label": "F60",
      "text": "Sch. 4 Pt. 2 Table: words in entry relating to \"ordinary share capital\" substituted (with effect as stated in s. 1034(1) of the amending Act) by Income Tax Act 2007 (c. 3), ss. 1027, 1034, Sch. 1 para. 592(35) (with transitional provisions and savings in Sch. 2)"
    },
    {
      "type": "F",
      "label": "F61",
      "text": "Words in Sch. 4 Pt. 2 omitted (6.4.2024 for the tax year 2024-25 and subsequent tax years) by virtue of Finance Act 2022 (c. 3), Sch. 1 paras. 29(b), 61(1)"
    },
    {
      "type": "F",
      "label": "F62",
      "text": "Words in Sch. 4 Pt. 2 omitted (6.4.2024 for the tax year 2024-25 and subsequent tax years) by virtue of Finance Act 2022 (c. 3), Sch. 1 paras. 29(c), 61(1)"
    },
    {
      "type": "F",
      "label": "F63",
      "text": "Words in Sch. 4 Pt. 2 inserted (with effect in accordance with Sch. 45 para. 153(2) of the amending Act) by Finance Act 2013 (c. 29), Sch. 45 para. 106"
    },
    {
      "type": "F",
      "label": "F64",
      "text": "Sch. 4 Pt. 2 Table: words in entry relating to \"period of account\" substituted (with effect as stated in s. 1034(1) of the amending Act) by Income Tax Act 2007 (c. 3), ss. 1027, 1034, Sch. 1 para. 592(36) (with transitional provisions and savings in Sch. 2)"
    },
    {
      "type": "F",
      "label": "F65",
      "text": "Sch. 4 Pt. 2 Table: words in entry relating to \"permanent establishment\" substituted (with effect as stated in s. 1034(1) of the amending Act) by Income Tax Act 2007 (c. 3), ss. 1027, 1034, Sch. 1 para. 592(37) (with transitional provisions and savings in Sch. 2)"
    },
    {
      "type": "F",
      "label": "F66",
      "text": "Words in Sch. 4 Pt. 2 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. 472(3)(c) (with Sch. 2)"
    },
    {
      "type": "F",
      "label": "F67",
      "text": "Sch. 4 Pt. 2 entry omitted (with effect in accordance with Sch. 7 para. 81 of the amending Act) by virtue of Finance Act 2008 (c. 9), Sch. 7 para. 73"
    },
    {
      "type": "F",
      "label": "F68",
      "text": "Sch. 4 Pt. 2 Table: words in entry relating to \"personal representatives\" substituted (with effect as stated in s. 1034(1) of the amending Act) by Income Tax Act 2007 (c. 3), ss. 1027, 1034, Sch. 1 para. 592(38) (with transitional provisions and savings in Sch. 2)"
    },
    {
      "type": "F",
      "label": "F69",
      "text": "Sch. 4 Pt. 2 Table: words in entry relating to \"profits or gains\" substituted (with effect as stated in s. 1034(1) of the amending Act) by Income Tax Act 2007 (c. 3), ss. 1027, 1034, Sch. 1 para. 592(39) (with transitional provisions and savings in Sch. 2)"
    },
    {
      "type": "F",
      "label": "F70",
      "text": "Sch. 4 Pt. 2 Table: words in entry relating to \"property or rights held on trust or on trusts (in the application of the Act to Scotland)\" substituted (with effect as stated in s. 1034(1) of the amending Act) by Income Tax Act 2007 (c. 3), ss. 1027, 1034, Sch. 1 para. 592(40) (with transitional provisions and savings in Sch. 2)"
    },
    {
      "type": "F",
      "label": "F71",
      "text": "Words in Sch. 4 Pt. 2 inserted (16.12.2010) (with effect in accordance with Sch. 1 para. 36 of the amending Act) by Finance (No. 3) Act 2010 (c. 33), Sch. 1 para. 35(b) (with Sch. 1 para. 37)"
    },
    {
      "type": "F",
      "label": "F72",
      "text": "Words in Sch. 4 Pt. 2 inserted (with effect in accordance with Sch. 1 para. 36 of the amending Act) by Finance (No. 3) Act 2010 (c. 33), Sch. 1 para. 35(c) (with Sch. 1 para. 37)"
    },
    {
      "type": "F",
      "label": "F73",
      "text": "Sch. 4 Pt. 2 Table: words in entry relating to \"qualifying distribution\" substituted (with effect as stated in s. 1034(1) of the amending Act) by Income Tax Act 2007 (c. 3), ss. 1027, 1034, Sch. 1 para. 592(41) (with transitional provisions and savings in Sch. 2)"
    },
    {
      "type": "F",
      "label": "F74",
      "text": "Sch. 4 Pt. 2 Table: words in entry relating to \"qualifying policy\" substituted (with effect as stated in s. 1034(1) of the amending Act) by Income Tax Act 2007 (c. 3), ss. 1027, 1034, Sch. 1 para. 592(42) (with transitional provisions and savings in Sch. 2)"
    },
    {
      "type": "F",
      "label": "F75",
      "text": "Sch. 4 Pt. 2 Table: entry relating to \"the rate applicable to trusts\" repealed (with effect as stated in s. 1034(1) of the amending Act) by Income Tax Act 2007 (c. 3), ss. 1027, 1031, 1034, Sch. 1 para. 592(43), Sch. 3 Pt. 1 (with transitional provisions and savings in Sch. 2)"
    },
    {
      "type": "F",
      "label": "F76",
      "text": "Sch. 4 Pt. 2 Table: words in entry relating to \"recognised stock exchange\" substituted (with effect as stated in s. 1034(1) of the amending Act) by Income Tax Act 2007 (c. 3), ss. 1027, 1034, Sch. 1 para. 592(44) (with transitional provisions and savings in Sch. 2)"
    },
    {
      "type": "F",
      "label": "F77",
      "text": "Sch. 4 Pt. 2 Table: words in entry relating to \"registered pension scheme\" substituted (with effect as stated in s. 1034(1) of the amending Act) by Income Tax Act 2007 (c. 3), ss. 1027, 1034, Sch. 1 para. 592(45) (with transitional provisions and savings in Sch. 2)"
    },
    {
      "type": "F",
      "label": "F78",
      "text": "Words in Sch. 4 Pt. 2 inserted (with effect in accordance with Sch. 1 para. 36 of the amending Act) by Finance (No. 3) Act 2010 (c. 33), Sch. 1 para. 35(d) (with Sch. 1 para. 37)"
    },
    {
      "type": "F",
      "label": "F79",
      "text": "Sch. 4 Pt. 2 Table: words in entry relating to \"retail prices index\" substituted (with effect as stated in s. 1034(1) of the amending Act) by Income Tax Act 2007 (c. 3), ss. 1027, 1034, Sch. 1 para. 592(46) (with transitional provisions and savings in Sch. 2)"
    },
    {
      "type": "F",
      "label": "F80",
      "text": "Words in Sch. 4 Pt. 2 inserted (with effect in accordance with art. 1(2) of the amending S.I.) by The Scottish Rate of Income Tax (Consequential Amendments) Order 2015 (S.I. 2015/1810), arts. 1(1), 12"
    },
    {
      "type": "F",
      "label": "F81",
      "text": "Sch. 4 entry omitted (with effect in accordance with Sch. 1 para. 65 of the amending Act) by virtue of Finance Act 2008 (c. 9), Sch. 1 para. 63(3)"
    },
    {
      "type": "F",
      "label": "F82",
      "text": "Sch. 4 Pt. 2 entry repealed (with effect in accordance with s. 1329(1) of the amending Act) by Corporation Tax Act 2009 (c. 4), s. 1329(1), Sch. 1 para. 647(3)(b), Sch. 3 Pt. 1 (with Sch. 2 Pts. 1, 2)"
    },
    {
      "type": "F",
      "label": "F83",
      "text": "Sch. 4 entry substituted (with effect in accordance with Sch. 1 para. 65 of the amending Act) by Finance Act 2008 (c. 9), Sch. 1 para. 63(2)"
    },
    {
      "type": "F",
      "label": "F84",
      "text": "Sch. 4 Pt. 2 Table: entry relating to \"stepchild\" inserted (5.12.2005) by The Tax and Civil Partnership Regulations 2005 (S.I. 2005/3229), regs. 1, 200"
    },
    {
      "type": "F",
      "label": "F85",
      "text": "Sch. 4 Pt. 2 Table: words in entry relating to \"stepchild\" substituted (with effect as stated in s. 1034(1) of the amending Act), by Income Tax Act 2007 (c. 3), ss. 1027, 1034, Sch. 1 para. 592(50) (with transitional provisions and savings in Sch. 2)"
    },
    {
      "type": "F",
      "label": "F86",
      "text": "Sch. 4 Pt. 2 Table: words in entry relating to \"surrender (in the application of the Act to Scotland)\" substituted (with effect as stated in s. 1034(1) of the amending Act) by Income Tax Act 2007 (c. 3), ss. 1027, 1034, Sch. 1 para. 592(51) (with transitional provisions and savings in Sch. 2)"
    },
    {
      "type": "F",
      "label": "F87",
      "text": "Sch. 4 Pt. 2 Table: words in entry relating to \"tax year\" substituted (with effect as stated in s. 1034(1) of the amending Act) by Income Tax Act 2007 (c. 3), ss. 1027, 1034, Sch. 1 para. 592(52) (with transitional provisions and savings in Sch. 2)"
    },
    {
      "type": "F",
      "label": "F88",
      "text": "Sch. 4 Pt. 2 Table: words in entry relating to \"the tax year 2005-06 etc\" substituted (with effect as stated in s. 1034(1) of the amending Act) by Income Tax Act 2007 (c. 3), ss. 1027, 1034, Sch. 1 para. 592(53) (with transitional provisions and savings in Sch. 2)"
    },
    {
      "type": "F",
      "label": "F89",
      "text": "Sch. 4 Pt. 2 Table: words in entry relating to \"total income\" substituted (with effect as stated in s. 1034(1) of the amending Act) by Income Tax Act 2007 (c. 3), ss. 1027, 1034, Sch. 1 para. 592(54) (with transitional provisions and savings in Sch. 2)"
    },
    {
      "type": "F",
      "label": "F90",
      "text": "Words in Sch. 4 Pt. 2 substituted (16.12.2010) (with effect in accordance with Sch. 1 para. 36 of the amending Act) by Finance (No. 3) Act 2010 (c. 33), Sch. 1 para. 35(e) (with Sch. 1 para. 37)"
    },
    {
      "type": "F",
      "label": "F91",
      "text": "Sch. 4 Pt. 2 Table: words in entry relating to \"trade\" substituted (with effect as stated in s. 1034(1) of the amending Act) by Income Tax Act 2007 (c. 3), ss. 1027, 1034, Sch. 1 para. 592(55) (with transitional provisions and savings in Sch. 2)"
    },
    {
      "type": "F",
      "label": "F92",
      "text": "Words in Sch. 4 Pt. 2 inserted (with effect in accordance with s. 37(2) of the amending Act) by Finance Act 2008 (c. 9), Sch. 15 para. 4"
    },
    {
      "type": "F",
      "label": "F93",
      "text": "Sch. 4 Pt. 2 Table: entry relating to \"trust rate\" inserted (6.4.2007 with effect as stated in s. 1034(1) of the amending Act) by Income Tax Act 2007 (c. 3), ss. 1027, 1034, Sch. 1 para. 592(56) (with transitional provisions and savings in Sch. 2)"
    },
    {
      "type": "F",
      "label": "F94",
      "text": "Sch. 4 Pt. 2 Table: words in entry relating to \"UK resident\" substituted (with effect as stated in s. 1034(1) of the amending Act) by Income Tax Act 2007 (c. 3), ss. 1027, 1034, Sch. 1 para. 592(57) (with transitional provisions and savings in Sch. 2)"
    },
    {
      "type": "F",
      "label": "F95",
      "text": "Sch. 4 Pt. 2 Table: words in entry relating to \"unit holder\" substituted (with effect as stated in s. 1034(1) of the amending Act) by Income Tax Act 2007 (c. 3), ss. 1027, 1034, Sch. 1 para. 592(58) (with transitional provisions and savings in Sch. 2)"
    },
    {
      "type": "F",
      "label": "F96",
      "text": "Sch. 4 Pt. 2 Table: words in entry relating to \"unit trust scheme\" substituted (with effect as stated in s. 1034(1) of the amending Act) by Income Tax Act 2007 (c. 3), ss. 1027, 1034, Sch. 1 para. 592(59) (with transitional provisions and savings in Sch. 2)"
    },
    {
      "type": "F",
      "label": "F97",
      "text": "Sch. 4 Pt. 2 Table: words in entry relating to \"United Kingdom\" substituted (with effect as stated in s. 1034(1) of the amending Act) by Income Tax Act 2007 (c. 3), ss. 1027, 1034, Sch. 1 para. 592(60) (with transitional provisions and savings in Sch. 2)"
    },
    {
      "type": "F",
      "label": "F98",
      "text": "Sch. 4 Pt. 2 Table: words in entry relating to \"venture capital trust\" substituted (6.4.2007 with effect as stated in s. 1034(1) of the amending Act) by Income Tax Act 2007 (c. 3), ss. 1027, 1034, Sch. 1 para. 592(61) (with transitional provisions and savings in Sch. 2)"
    },
    {
      "type": "F",
      "label": "F99",
      "text": "Sch. 4 Pt. 2 Table: words in entry relating to \"within the charge to tax\" substituted (with effect as stated in s. 1034(1) of the amending Act) by Income Tax Act 2007 (c. 3), ss. 1027, 1034, Sch. 1 para. 592(62) (with transitional provisions and savings in Sch. 2)"
    },
    {
      "type": "F",
      "label": "F100",
      "text": "Sch. 4 Pt. 2 Table: words in entry relating to \"woodlands\" substituted (with effect as stated in s. 1034(1) of the amending Act) by Income Tax Act 2007 (c. 3), ss. 1027, 1034, Sch. 1 para. 592(63) (with transitional provisions and savings in Sch. 2)"
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/ukpga/2005/5/schedule/4/part/2",
    "retrieved_at": "2026-10-29T09:16:32.370392+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."
}