OpenLegislation

Paragraph 6 F1F2

United Kingdom

Changes not yet applied. Later legislation changes this provision in ways not yet written into the text below:

  • Sch. A1 amendment to earlier affecting provision 2017 c. 32, s. 60 by Finance Act 2018 Sch. 6 para. 7(2)(a)
  • Sch. A1 amendment to earlier affecting provision 2017 c. 32, s. 60 by Finance Act 2018 Sch. 6 para. 7(2)(b)

In this Part of this Schedule “business”—

(a)

in relation to a relevant person (see paragraph 1), means the relevant activity or activities that the person is carrying on or has carried on, and

(b)

in relation to a relevant partnership (see paragraph 2), means the activity or activities of the partnership that may give rise to profits or income and do not fall within paragraph 2(2).

Annotations

Textual amendments

F1

Sch. A1 inserted (1.4.2026) by Finance (No. 2) Act 2017 (c. 32), s. 60(3)(4) (as amended by Finance Act 2018 (c. 3), Sch. 6 para. 7(2)); S.I. 2026/356, reg. 2

F2

Sch. A1 para. 6 substituted (1.4.2026) by Finance Act 2026 (c. 11), s. 256(4)(9); S.I. 2026/356, reg. 2