Statutory Instruments
Income Tax
Capital Gains Tax
Made
21st March 2017
Coming into force
6th April 2017
The Treasury make the following Regulations in exercise of the powers conferred by section 151 of the Taxation of Chargeable Gains Act 1992(1), sections 694, 695, 696, 699 and 701 of the Income Tax (Trading and Other Income) Act 2005(2) and sections 1 and 4(2)(a) and (b), (5) and (6) of, and paragraphs 2(2), 3, 4, 7, 8(2), (5) and (6), 9(1), (2), (3) and (5) and 11 of Schedule 1 to, the Savings (Government Contributions) Act 2017(3).
1992 c. 12. Section 151 was amended by section 85 of the Finance Act 1993 (c. 34), paragraph 436 of Schedule 1 to the Income Tax (Trading and Other Income) Act 2005, section 40(6) of the Finance Act 2011(c. 11) and section 27(2) of the Finance Act 2016.(c. 24).
2005 c. 5. Section 694 was amended by section 40(2) of the Finance Act 2011. Sections 695 and 696 were amended by paragraph 132 of Schedule 4 to the Commissioners for Revenue and Customs Act 2005 (c. 11). Section 699 was amended by section 40(4) of the Finance Act 2011 and paragraph 132 of Schedule 4 to the Commissioners for Revenue and Customs Act 2005. Section 701 was amended by section 40 of the Finance Act 2008 (c. 9) and section 40(5) of the Finance Act 2011.