Introductory text

This Statutory Instrument has been made, in part, to correct an error in S.I. 2023/264 and is being issued free of charge to all known recipients of that Statutory Instrument.

INCOME TAX

CAPITAL GAINS TAX

Made 11th March 2024

Laid before the House of Commons 12th March 2024

Coming into force 6th April 2024

The Treasury make these Regulations in exercise of the powers conferred by section 151(1) and (2) of the Taxation of Chargeable Gains Act 1992^f1, sections 694, 695, 695A, 696, 698 and 701 of the Income Tax (Trading and Other Income) Act 2005^f2 and section 4(6) of, and paragraphs 3, 7 and 9 of Schedule 1 to, the Savings (Government Contributions) Act 2017^f3.

Annotations

Footnotes

f1: 1992 c. 12; section 151(2) was substituted by paragraph 436 of Schedule 1 to the Income Tax (Trading and Other Income) Act 2005 (c. 5) and amended by section 40(6) of the Finance Act 2011 (c. 11) and section 27(2) of the Finance Act 2016 (c. 24).
f2: 2005 c. 5; sections 694 and 701 were amended, and section 695A was inserted, by section 40 of the Finance Act 2011. Sections 695 and 698 were amended by paragraphs 131 and 132 of Schedule 4 to the Commissioners for Revenue and Customs Act 2005 (c. 11). Section 701 was also amended by section 40 of the Finance Act 2008 (c. 9).
f3: 2017 c. 2.