Sch. 14 para. 50 and cross-heading inserted (1.4.2022 in relation to relevant returns that are required to be made on or after that date) by Finance Act 2022 (c. 3), Sch. 17 para. 31

http://www.legislation.gov.uk/ukpga/2017/32/schedule/14/paragraph/50Finance (No. 2) Act 2017An Act to grant certain duties, to alter other duties, and to amend the law relating to the national debt and the public revenue, and to make further provision in connection with finance.texttext/xmlenStatute Law Database2024-06-04Expert Participation2024-04-06SCHEDULESSCHEDULE 14Digital reporting and record-keeping for income tax etc: further amendmentsPART 2Amendments of other ActsFA 2022501

Schedule 17 to FA 2022 (large businesses: notification of uncertain tax treatment) is amended as follows.

2

In paragraph 6(1)(e) (definition of “financial year” in relation to a UK resident partnership), for “under section 12AB” substitute “within the meaning”.

3

In paragraph 6(2), in the definition of “representative partner”—

a

the words from “the partner” to the end of the definition become paragraph (a) of the definition;

b

at the end of that paragraph (a) insert “, or”;

c

after that paragraph insert—

b

the nominated partner within the meaning of paragraph 5 of Schedule A1 to TMA 1970.

This XML file does not appear to have any style information associated with it. The document tree is shown below.
<akomaNtoso xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xsi:schemaLocation="http://docs.oasis-open.org/legaldocml/ns/akn/3.0 http://docs.oasis-open.org/legaldocml/akn-core/v1.0/cos01/part2-specs/schemas/akomantoso30.xsd">
<portion includedIn="http://www.legislation.gov.uk/id/ukpga/2017/32/schedule/14">
<meta>
<identification source="#source">
<FRBRWork>
<FRBRthis value="http://www.legislation.gov.uk/id/ukpga/2017/32/schedule/14"/>
<FRBRuri value="http://www.legislation.gov.uk/id/ukpga/2017/32/schedule/14"/>
<FRBRdate date="2017-11-16" name="enacted"/>
<FRBRauthor href="http://www.legislation.gov.uk/id/legislature/UnitedKingdomParliament"/>
<FRBRcountry value="GB-UKM"/>
<FRBRnumber value="32"/>
<FRBRname value="2017 c. 32"/>
<FRBRprescriptive value="true"/>
</FRBRWork>
<FRBRExpression>
<FRBRthis value="http://www.legislation.gov.uk/ukpga/2017/32/schedule/14/paragraph/50"/>
<FRBRuri value="http://www.legislation.gov.uk/ukpga/2017/32/schedule/14"/>
<FRBRdate date="2024-04-06" name="validFrom"/>
<FRBRauthor href="#source"/>
<FRBRlanguage language="eng"/>
</FRBRExpression>
<FRBRManifestation>
<FRBRthis value="http://www.legislation.gov.uk/ukpga/2017/32/schedule/14/paragraph/50/data.akn"/>
<FRBRuri value="http://www.legislation.gov.uk/ukpga/2017/32/schedule/14/data.akn"/>
<FRBRdate date="2024-11-11Z" name="transform"/>
<FRBRauthor href="http://www.legislation.gov.uk"/>
<FRBRformat value="application/akn+xml"/>
</FRBRManifestation>
</identification>
<lifecycle source="#source">
<eventRef date="2017-11-16" type="generation" eId="enacted-date" source="#source"/>
<eventRef date="2020-07-22" eId="effective-date-1" source="#source"/>
<eventRef date="2024-04-06" eId="effective-date-2" source="#source"/>
</lifecycle>
<analysis source="#source">
<passiveModifications>
<textualMod type="insertion" eId="mod-key-b376aca1791bc2a8c879e96162e26624-1660138986588">
<source href="#key-b376aca1791bc2a8c879e96162e26624"/>
<destination href="#schedule-14-part-2-crossheading-fa-2022"/>
</textualMod>
</passiveModifications>
<restrictions source="#source">
<restriction refersTo="#e+w+s+ni" type="jurisdiction"/>
</restrictions>
</analysis>
<temporalData source="#source">
<temporalGroup eId="period1">
<timeInterval start="#effective-date-1" refersTo="#period-concept1"/>
</temporalGroup>
<temporalGroup eId="period2">
<timeInterval start="#effective-date-2" refersTo="#period-concept2"/>
</temporalGroup>
</temporalData>
<references source="#source">
<TLCOrganization eId="source" href="http://www.legislation.gov.uk/id/publisher/StatuteLawDatabase" showAs="Statute Law Database"/>
<TLCLocation eId="e+w+s+ni" href="/ontology/jurisdictions/uk.EnglandWalesScotlandNorthernIreland" showAs="England, Wales, Scotland, Northern Ireland"/>
<TLCTerm eId="term-financial-year" href="/ontology/term/uk.financial-year" showAs="financial year"/>
<TLCConcept eId="period-concept1" href="/ontology/time/2020.07.22" showAs="since 2020-07-22"/>
<TLCConcept eId="period-concept2" href="/ontology/time/2024.04.06" showAs="since 2024-04-06"/>
</references>
<notes source="#source">
<note class="commentary F" eId="key-b376aca1791bc2a8c879e96162e26624">
<p>
<ref href="http://www.legislation.gov.uk/id/ukpga/2017/32/schedule/14/paragraph/50">Sch. 14 para. 50</ref>
and cross-heading inserted (1.4.2022 in relation to relevant returns that are required to be made on or after that date) by
<ref href="http://www.legislation.gov.uk/id/ukpga/2022/3">Finance Act 2022 (c. 3)</ref>
,
<ref href="http://www.legislation.gov.uk/id/ukpga/2022/3/schedule/17/paragraph/31">Sch. 17 para. 31</ref>
</p>
</note>
</notes>
<proprietary xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" xmlns:ukm="http://www.legislation.gov.uk/namespaces/metadata" xmlns:dc="http://purl.org/dc/elements/1.1/" xmlns:dct="http://purl.org/dc/terms/" xmlns:atom="http://www.w3.org/2005/Atom" source="#source">
<ukl:RestrictStartDate value="2024-04-06"/>
<dc:identifier>http://www.legislation.gov.uk/ukpga/2017/32/schedule/14/paragraph/50</dc:identifier>
<dc:title>Finance (No. 2) Act 2017</dc:title>
<dc:description>An Act to grant certain duties, to alter other duties, and to amend the law relating to the national debt and the public revenue, and to make further provision in connection with finance.</dc:description>
<dc:type>text</dc:type>
<dc:format>text/xml</dc:format>
<dc:language>en</dc:language>
<dc:publisher>Statute Law Database</dc:publisher>
<dc:modified>2024-06-04</dc:modified>
<dc:contributor>Expert Participation</dc:contributor>
<dct:valid>2024-04-06</dct:valid>
<atom:link rel="self" href="http://www.legislation.gov.uk/ukpga/2017/32/schedule/14/paragraph/50/data.xml" type="application/xml"/>
<atom:link rel="http://www.legislation.gov.uk/def/navigation/resources" href="http://www.legislation.gov.uk/ukpga/2017/32/resources" title="More Resources"/>
<atom:link rel="http://www.legislation.gov.uk/def/navigation/act" href="http://www.legislation.gov.uk/ukpga/2017/32" title="whole act"/>
<atom:link rel="http://www.legislation.gov.uk/def/navigation/introduction" href="http://www.legislation.gov.uk/ukpga/2017/32/introduction" title="introduction"/>
<atom:link rel="http://www.legislation.gov.uk/def/navigation/body" href="http://www.legislation.gov.uk/ukpga/2017/32/body" title="body"/>
<atom:link rel="http://www.legislation.gov.uk/def/navigation/schedules" href="http://www.legislation.gov.uk/ukpga/2017/32/schedules" title="schedules"/>
<atom:link rel="alternate" type="application/rdf+xml" href="http://www.legislation.gov.uk/ukpga/2017/32/schedule/14/paragraph/50/data.rdf" title="RDF/XML"/>
<atom:link rel="alternate" type="application/akn+xml" href="http://www.legislation.gov.uk/ukpga/2017/32/schedule/14/paragraph/50/data.akn" title="AKN"/>
<atom:link rel="alternate" type="application/xhtml+xml" href="http://www.legislation.gov.uk/ukpga/2017/32/schedule/14/paragraph/50/data.xht" title="HTML snippet"/>
<atom:link rel="alternate" type="text/html" href="http://www.legislation.gov.uk/ukpga/2017/32/schedule/14/paragraph/50/data.htm" title="Website (XHTML) Default View"/>
<atom:link rel="alternate" type="text/csv" href="http://www.legislation.gov.uk/ukpga/2017/32/schedule/14/paragraph/50/data.csv" title="CSV"/>
<atom:link rel="alternate" type="application/pdf" href="http://www.legislation.gov.uk/ukpga/2017/32/schedule/14/paragraph/50/data.pdf" title="PDF"/>
<atom:link rel="alternate" type="application/akn+xhtml" href="http://www.legislation.gov.uk/ukpga/2017/32/schedule/14/paragraph/50/data.html" title="HTML5 snippet"/>
<atom:link rel="http://purl.org/dc/terms/tableOfContents" hreflang="en" href="http://www.legislation.gov.uk/ukpga/2017/32/contents" title="Table of Contents"/>
<atom:link rel="up" href="http://www.legislation.gov.uk/ukpga/2017/32/schedule/14" title="Schedule 14"/>
<atom:link rel="prev" href="http://www.legislation.gov.uk/ukpga/2017/32/schedule/14/paragraph/49" title="Paragraph; Schedule 14 Paragraph 49"/>
<atom:link rel="prevInForce" href="http://www.legislation.gov.uk/ukpga/2017/32/schedule/13/paragraph/11" title="Paragraph; Schedule 13 Paragraph 11"/>
<atom:link rel="next" href="http://www.legislation.gov.uk/ukpga/2017/32/schedule/15/paragraph/1" title="Paragraph; Schedule 15 Paragraph 1"/>
<atom:link rel="nextInForce" href="http://www.legislation.gov.uk/ukpga/2017/32/schedule/15/paragraph/1" title="Paragraph; Schedule 15 Paragraph 1"/>
<ukm:PrimaryMetadata>
<ukm:DocumentClassification>
<ukm:DocumentCategory Value="primary"/>
<ukm:DocumentMainType Value="UnitedKingdomPublicGeneralAct"/>
<ukm:DocumentStatus Value="revised"/>
</ukm:DocumentClassification>
<ukm:Year Value="2017"/>
<ukm:Number Value="32"/>
<ukm:EnactmentDate Date="2017-11-16"/>
<ukm:ISBN Value="9780105400974"/>
</ukm:PrimaryMetadata>
<ukm:Alternatives>
<ukm:Alternative URI="http://www.legislation.gov.uk/ukpga/2017/32/pdfs/ukpga_20170032_en.pdf" Date="2017-11-20" Size="2715612"/>
</ukm:Alternatives>
<ukm:Statistics>
<ukm:TotalParagraphs Value="1483"/>
<ukm:BodyParagraphs Value="154"/>
<ukm:ScheduleParagraphs Value="1329"/>
<ukm:AttachmentParagraphs Value="0"/>
<ukm:TotalImages Value="41"/>
</ukm:Statistics>
</proprietary>
</meta>
<portionBody>
<hcontainer name="schedules" eId="d4e62" period="#period2">
<heading>SCHEDULES</heading>
<hcontainer name="schedule" eId="schedule-14" period="#period1">
<num>SCHEDULE 14</num>
<heading>
Digital reporting and record-keeping for income tax
<abbr title="Et cetera" xml:lang="la">etc</abbr>
: further amendments
</heading>
<part eId="schedule-14-part-2" class=" prospective">
<num>
<strong>PART 2</strong>
</num>
<heading>Amendments of other Acts</heading>
<hcontainer name="crossheading" eId="schedule-14-part-2-crossheading-fa-2022" class=" prospective">
<heading>
<em>
<ins class="key-b376aca1791bc2a8c879e96162e26624-1660138986588 first">
<noteRef href="#key-b376aca1791bc2a8c879e96162e26624" marker="F1" class="commentary attribute F"/>
FA 2022
</ins>
</em>
</heading>
<paragraph eId="schedule-14-paragraph-50" class=" prospective">
<num>
<ins class="key-b376aca1791bc2a8c879e96162e26624-1660138986588">50</ins>
</num>
<subparagraph eId="schedule-14-paragraph-50-1">
<num>
<ins class="key-b376aca1791bc2a8c879e96162e26624-1660138986588">1</ins>
</num>
<content>
<p>
<ins class="key-b376aca1791bc2a8c879e96162e26624-1660138986588">Schedule 17 to FA 2022 (large businesses: notification of uncertain tax treatment) is amended as follows.</ins>
</p>
</content>
</subparagraph>
<subparagraph eId="schedule-14-paragraph-50-2">
<num>
<ins class="key-b376aca1791bc2a8c879e96162e26624-1660138986588">2</ins>
</num>
<content>
<p>
<ins class="key-b376aca1791bc2a8c879e96162e26624-1660138986588">In paragraph </ins>
<a href="#schedule-17-paragraph-6-1-e">
<ins class="key-b376aca1791bc2a8c879e96162e26624-1660138986588">6(1)(e)</ins>
</a>
<ins class="key-b376aca1791bc2a8c879e96162e26624-1660138986588"> (definition of “</ins>
<term refersTo="#term-financial-year">
<ins class="key-b376aca1791bc2a8c879e96162e26624-1660138986588">financial year</ins>
</term>
<ins class="key-b376aca1791bc2a8c879e96162e26624-1660138986588">” in relation to a UK resident partnership), for “under section 12AB” substitute </ins>
<mod>
<quotedText>
<ins class="key-b376aca1791bc2a8c879e96162e26624-1660138986588">“within the meaning”</ins>
</quotedText>
</mod>
<ins class="key-b376aca1791bc2a8c879e96162e26624-1660138986588">.</ins>
</p>
</content>
</subparagraph>
<subparagraph eId="schedule-14-paragraph-50-3">
<num>
<ins class="key-b376aca1791bc2a8c879e96162e26624-1660138986588">3</ins>
</num>
<intro>
<p>
<ins class="key-b376aca1791bc2a8c879e96162e26624-1660138986588">In paragraph </ins>
<a href="#schedule-17-paragraph-6-2">
<ins class="key-b376aca1791bc2a8c879e96162e26624-1660138986588">6(2)</ins>
</a>
<ins class="key-b376aca1791bc2a8c879e96162e26624-1660138986588">, in the definition of “representative partner”—</ins>
</p>
</intro>
<paragraph eId="schedule-14-paragraph-50-3-a">
<num>
<ins class="key-b376aca1791bc2a8c879e96162e26624-1660138986588">a</ins>
</num>
<content>
<p>
<ins class="key-b376aca1791bc2a8c879e96162e26624-1660138986588">the words from “the partner” to the end of the definition become paragraph (a) of the definition;</ins>
</p>
</content>
</paragraph>
<paragraph eId="schedule-14-paragraph-50-3-b">
<num>
<ins class="key-b376aca1791bc2a8c879e96162e26624-1660138986588">b</ins>
</num>
<content>
<p>
<ins class="key-b376aca1791bc2a8c879e96162e26624-1660138986588">at the end of that paragraph (a) insert </ins>
<mod>
<quotedText>
<ins class="key-b376aca1791bc2a8c879e96162e26624-1660138986588">“, or”</ins>
</quotedText>
</mod>
<ins class="key-b376aca1791bc2a8c879e96162e26624-1660138986588">;</ins>
</p>
</content>
</paragraph>
<paragraph eId="schedule-14-paragraph-50-3-c">
<num>
<ins class="key-b376aca1791bc2a8c879e96162e26624-1660138986588">c</ins>
</num>
<content>
<p>
<ins class="key-b376aca1791bc2a8c879e96162e26624-1660138986588">after that paragraph insert—</ins>
</p>
<p class="BlockAmendment">
<mod>
<quotedStructure class="primary unknown schedule double" startQuote="" endQuote="">
<paragraph eId="d4e165">
<num>
<ins class="key-b376aca1791bc2a8c879e96162e26624-1660138986588">b</ins>
</num>
<content>
<p>
<ins class="key-b376aca1791bc2a8c879e96162e26624-1660138986588 last">the nominated partner within the meaning of paragraph 5 of Schedule A1 to TMA 1970.</ins>
</p>
</content>
</paragraph>
</quotedStructure>
</mod>
</p>
</content>
</paragraph>
</subparagraph>
</paragraph>
</hcontainer>
</part>
</hcontainer>
</hcontainer>
</portionBody>
</portion>
</akomaNtoso>