Part 2 Income tax, corporation tax and capital gains tax
Chapter 1 Income tax and corporation tax charge and rate bands
Chapter 4 Trusts with vulnerable beneficiary
Chapter 7 Avoidance involving partnership
Chapter 9 International matters
SCHEDULES
Non-UK resident vulnerable persons: interpretation
Alternative finance arrangements: further provisions
Income and Corporation Taxes Act 1988 (c. 1)
3.Section 349 of ICTA (certain payments to be made subject...
4.In section 468L of ICTA (interest distributions), in subsection (9)(a),...
5.Section 477A of ICTA (building societies: regulations for deduction of...
6.Sections 480A to 482 of ICTA (relevant deposits: deduction of...
7.In section 582 of ICTA (funding bonds) references to interest...
8.Section 787 of ICTA (restriction of relief for payments of...
Films: restrictions on relief for production and acquisition expenditure
Part 1 Restrictions on circumstances in which relief may be obtained
Part 2 Restrictions on amount of relief which may be obtained
Section 138 of the Income Tax (Trading and Other Income) Act 2005 (c. 5)
Section 138A of the Income Tax (Trading and Other Income) Act 2005 (c. 5)
Section 139 of the Income Tax (Trading and Other Income) Act 2005 (c. 5)
Section 140 of the Income Tax (Trading and Other Income) Act 2005 (c. 5)
Section 141 of the Income Tax (Trading and Other Income) Act 2005 (c. 5)
Section 142 of the Income Tax (Trading and Other Income) Act 2005 (c. 5)
Part 3 Minor and consequential amendments
Finance (No.2) Act 1992 (c. 48)
18.(1) Section 40A of F(No.2)A 1992 (revenue nature of expenditure...
19.(1) Section 40B of F(No.2)A 1992 (allocation of expenditure to...
20.In section 40C of F(No.2)A 1992 (cases where section 40B...
21.(1) Section 40D of F(No.2)A 1992 (election for sections 40A...
22.(1) Section 41 of F(No.2)A 1992 (relief for preliminary expenditure)...
23.(1) Section 42 of F(No.2)A 1992 (relief for production or...
24.(1) Section 43 of F(No.2)A 1992 (interpretation of provisions relating...
Accounting practice and related matters
Part 1 Bad debts and related matters
2.Before section 89 of ICTA insert— Restriction of deductions in...
3.(1) Section 89 of ICTA (debts proving to be irrecoverable...
4.(1) Section 94 of ICTA (debts deducted and subsequently released)...
5.(1) Section 103 of ICTA (receipts after discontinuance) is amended...
7.In section 799 of ICTA (double taxation relief: computation of...
8.In section 834(1) of ICTA (interpretation of the Corporation Tax...
Part 2 Other provisions connected with accounting practice
21.In section 43A of ICTA (rent factoring: meaning of “finance...
22.In section 75A(10) of ICTA (accounting period to which expenses...
23.In section 501A of ICTA (supplementary charge in respect of...
24.(1) Section 747A of ICTA (special rule requiring chargeable profits...
25.Section 836A of ICTA (meaning of generally accepted accounting practice)...
26.(1) Section 85B of FA 1996 (loan relationships: amounts recognised...
27.(1) Section 94 of FA 1996 (loan relationships: treatment of...
28.(1) Section 94A of FA 1996 (loan relationships with embedded...
29.In section 103 of FA 1996 (interpretation), after subsection (1A)...
30.In Schedule 9 to FA 1996 (loan relationships: special computational...
Power to make certain regulations with limited retrospective effect
Capital allowances: renovation of business premises in disadvantaged areas
Part 2 Consequential amendments
2.In section 1(2) of CAA 2001 (capital allowances provided for...
3.In section 2(3) of CAA 2001 (provisions about giving effect...
4.In section 3 of CAA 2001 (claims for capital allowances)...
5.In section 537(1) of CAA 2001 (general conditions for making...
6.In section 546 of CAA 2001 (interpretation of VAT provisions),...
8.In section 570(1) of CAA 2001 (elections under section 569...
9.In section 570A(1) of CAA 2001 (avoidance affecting proceeds of...
10.In section 573(1) of CAA 2001 (transfers treated as sales),...
Part 1 Amendments of Schedule 22 to FA 2000
Flagging: restrictions where dredger or tug ceases to be qualifying ship under paragraph 22E
The ring fence: capital allowances: exit: plant and machinery
The ring fence: capital allowances: ship leasing: sale and lease-back arrangements
Vessels to which the special rules for offshore activities do not apply
Unauthorised payments: loans to person connected with member or sponsoring employer
13.(1) Paragraph 3 of Schedule 28 (lifetime annuity) is amended...
14.(1) Paragraph 6 of Schedule 28 (short-term annuity) is amended...
15.(1) Paragraph 17 of Schedule 28 (dependants' annuity) is amended...
16.(1) Paragraph 20 of Schedule 28 (dependants' short-term annuity) is...
17.In the table in section 280(2) (index of defined expressions),...
Unsecured pension funds and alternatively secured pension funds
18.(1) Paragraph 8 of Schedule 28 (member's unsecured pension fund)...
19.(1) Paragraph 10 of Schedule 28 (“unsecured pension years” etc.)...
20.(1) Paragraph 11 of Schedule 28 (member's alternatively secured pension...
21.(1) Paragraph 22 of Schedule 28 (dependant's unsecured pension fund)...
22.(1) Paragraph 24 of Schedule 28 (“unsecured pension years” etc.)...
23.(1) Paragraph 25 of Schedule 28 (dependant's alternatively secured pension...
24.In paragraph 3(8) of Schedule 29 (pension commencement lump sum:...
25.(1) Schedule 32 (benefit crystallisation events: supplementary) is amended as...
Lifetime annuities and dependants' annuities purchased together
29.(1) Paragraph 17 of Schedule 28 (dependants' annuity) is amended...
30.(1) Paragraph 3 of Schedule 29 (pension commencement lump sum:...
31.In the table in section 216(1) (benefit crystallisation events and...
32.In paragraph 4(1) of Schedule 32 (benefit crystallisation events 4:...
33.In the table in section 280(2) (index of defined expressions),...
Restriction of employers' relief in respect of contributions
Lifetime allowance: reduction of rights in respect of tax paid
Primary and enhanced protection: valuation of uncrystallised rights
Transitional provisions: persons who may take benefits before normal minimum pension age
Transitional provisions: lump sums before normal minimum pension age
Transitional provisions: lump sums exceeding 25% of uncrystallised rights