Taxes Management Act 1970
PART I ADMINISTRATION
1 Taxes under care and management of the Board. [1952 s.5(1); 1965 s.49(7), Sch.X 1(1).] [1964(M) s.3(1).] [1964(M) s.3(3); 1965 Sch.X 1(1); 1966 Sch.VI 13.]
2 General Commissioners, [1964(M) s.1(1)—(8).]
3 Clerk to General Commissioners. [1964(M) s.2(1)—(5); S.I. 1968/1656.]
[4 Special Commissioners.
4A Deputy Special Commissioners.
5 General and Special Commissioners. 1969 Sch.XX 17(1).][1952 s.17.]
6 Declarations on taking office. [1964(M) s.4.]
PART II RETURNS OF INCOME AND GAINS
Income tax
7 [Notice of liability to income tax.
8 [Personal return.
8A Trustee’s return.
9 Partnership return.
Corporation tax
10 [Notice of liability to corporation tax.
11 Return of profits. [1966 Sch.VI 2.]
11A [Notice of liability to capital gains tax.
12 Information about chargeable gains. [1965 Sch.X 1(1).] [1965 Sch.X 6(1); 1966 Sch.VI 2(6).]
[European Economic Interest Groupings
12A European Economic Interest Groupings.Official Journal of the European Communities No. L199/1.
Voluntary returns
12DReturns made otherwise than pursuant to a notice
PART III OTHER RETURNS AND INFORMATION
13 Persons in receipt of taxable income belonging to others. [1952 s.22.]
14 Return of lodgers and inmates. [1952 s.23.]
15 [Return of employees emoluments, etc.
16 Fees, commissions, etc. [1956 s.20.]
16A [Agency workers.
17 Interest paid or credited by banks, etc. without deduction of income tax. [1952 s.29.]
18 Interest paid without deduction of income tax. [1969 Sch.XIII 13(1)(2)(3).]
18A [Other payments and licences etc.
19 Information for purposes of Schedule A. [1963 s.18(1); 1969 Sch.XX 1(1), 20(4).]
Production of accounts, books and other information
20 [Power to call for documents of taxpayer and others.
20A [Power to call for papers of tax accountant.
20B [Restrictions on powers under ss.20 and 20A.
20BB [Falsification etc. of documents.
20C [Entry with warrant to obtain documents.
20CC [Procedure where documents etc. are removed.
20D [Interpretation of ss.20 to 20C.
21 Stock jobbers’ transactions. [1966 s.50(1)—(4).]
Surtax
22 Additional particulars for surtax. [1952 s.232; 1964(M) Sch.IV; 1969 Sch.XX 17(25).]
23 Power to obtain copies of registers of securities. [1952 s.233; 1964(M) Sch.IV(1).]
24 Power to obtain information as to income from securities. [1952 s.234; 1964(M) Sch.IV(1).]
Chargeable gains
25 Issuing houses, stockbrokers, auctioneers, etc. [1965 Sch.X 7(1)—(4).]
26 Nominee shareholders. [1952 s.250(4); 1964(M) Sch.IV(1); 1965 Sch.X 8.]
27 Settled property. [1952 s.410; 1964(M) Sch.IV(1); 1965 Sch.X 9.]
28 Non-resident companies and trusts. [1965 Sch.X 11(1).]
PART IV ASSESSMENT AND CLAIMS
29 Assessing procedure. [1964(M) s.5(1) 9; 1965 Sch.X 1(1); 1966 Sch.VI 6(1), 17(1), 27(1); 1967 Sch.XI 10(3).]
30 [Recovery of overpayment of tax, etc.
31Right of appeal. [1969 Sch.XX 12.]
Relief for excessive assessments
32 Double assessment. [1952 s.65; 1964(M) Sch.II, IV; 1965 Sch.X 1(1); 1969 Sch.XX 17(2).] [1964(M) Sch.II.]
33 Error or mistake. [1952, ss.66(1), 229(5); 1964(M) Sch.II, IV; 1965 Sch.X 1(1), Sch.XII 5(2); 1966 Sch.VI 5(1), 27(1); 1969 Sch.XX 17(3).] [1952 s.66(2).]
Time limits
34 Ordinary time limit of six years. [1952 ss.47(1)(3), 229(3); 1965 Sch.X 1(1); 1966 Sch.V1 7.]
35 Emoluments received after year for which they are assessable.[1961 s.28(2)(3); 1964(M) Sch.IV.]
36 [Fraudulent or negligent conduct.
37 Neglect: income tax and capital gains tax. [1960 s.51; 1965 Sch.X 1(1).]
37A [Effect of assessment where allowances transferred.
38 Modification of s.37 in relation to partnerships. [1960 s.52.]
39 Neglect: corporation tax. [1966 Sch.VI 9(1)—(9).]
40 Assessment on personal representatives. [1952 s.47(2); 1961 s.28(2); 1965 Sch.X 1(1).] [1960 s.53; 1965 Sch.X 1(1).]
41 Leave of General or Special Commissioners required for certain assessments. [1964(M) s.6; 1965 Sch.X 1(1); 1966 Sch.VI 8(1), 9(3).]
41A, 41B, 41C. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Claims
42 Procedure for making claims. [1964(M) s.9(2)(4), Sch.II.] [1964(M) s.9(5).]
43 Time limit for making claims. [1952 s.507; 1964(M) Sch.IV; 1965 Sch.X 1(1); 1966 Sch.VI 11(2).] [1964(M) Sch.IV; 1965 Sch.X 1(1).]
43A [Further assessments: claims etc.
43B [Limits on application of section 43A.
PART V APPEALS AND OTHER PROCEEDINGS
Jurisdiction
44 General Commissioners. [1964(M) s.11; 1965 Sch.X 1(1); 1966 Sch. VI 12 (1)(2).]
45 Quorum of Special Commissioners. [1967 s.43.]
46 General and Special Commissioners. [1964(M) s.12(2); 1965 Sch.XI(1); 1966 Sch.VI 12(1).]
46A Regulations about jurisdiction.
47 Special jurisdiction relating to tax on chargeable gains. [1965 s.44(6)(7)(8).]
47A. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
47B [Special jurisdiction relating to Business Expansion Scheme.
Proceedings before Commissioners
48 Application to appeals and other proceedings. [1964(M) s.12(1)(5); 1965 Sch.X 1(1); 1966 Sch.VI 12(1); 1969 Sch.XX 17(43).]
49 Proceedings brought out of time. [1964(M) s.12(1)(2).]
50 Procedure. [1952 s.52(1).]
51 Power of Commissioners to obtain information from appellant. [1964(M) s.12(3).]
52 Evidence. [1969 Sch.XX 12(1)(2)(3).]
53 Summary award of penalties. [1960 s.59(1)(2)(3); 1964(M) s.12(3).]
54 Settling of appeals by agreement. [1952 s.510; 1958 Sch.VI 5; 1965 Sch.X 1(1); 1966 Sch.VI 12(4).]
55 [Recovery of tax not postponed.
56 Statement of case for opinion of the High Court. [1952 s.64(1); 1964(M) Sch.IV.] [1952 s.64(2); 1958 Sch.VI 5; 1964(M) Sch.IV.]
56A [Statement of case: Special Commissioners to Court of Appeal.
56B Regulations about practice and procedure.
56C Power of Special Commissioners to order costs.
56D Power of Special Commissioners to publish reports of decisions.
Chargeable gains
57 Regulations about appeals. [1965 Sch.X 2(1).]
57A. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
57B [Commissioners: procedural rules.
Northern Ireland
58 Proceedings in tax cases in Northern Ireland. [1964(M) s.14; 1965 Sch.X 1(1), 18; 1966 Sch.VI 12(1), 27(4).]
59 Election for county court in Northern Ireland. [1964(M) s.15.]
PART VI COLLECTION AND RECOVERY
60 Issue of demand notes and receipts. [1952 s.73; 1964(M) Sch.IV; 1965 Sch.X 1(1); 1966 Sch.VI 13.]
Distraint and poinding
61 Distraint by collectors. [1952 s.74; 1965 Sch.X 1(1); 1966 Sch.VI 13.]
62 Priority of claim for tax. [1952 s.75; 1965 Sch.X 1(1); 1966 Sch.VI 13.]
63[Recovery of tax in Scotland [1952 s.76; 1965 Sch.X 1(1); 1966 Sch.VI 13.]
63A Sheriff officer’s fees and outlays.
64Priority of claim for tax in Scotland. [1952 s.77; 1965 Sch.X 1(1); 1966 Sch.VI 13.]
Court proceedings
65 Magistrates’ courts. [1952 s.78(1)(2)(5); 1965 Sch.X 1(1); 1966 Sch.VI 13.]
66 County courts. [1964(M) s.8(1); 1965 Sch.X 1(1); 1966 Sch.VI 13.]
67 Inferior courts in Scotland. [1964(M) s.8(4); 1965 Sch.X 1(1); 1966 Sch.VI 13.] [1971 c.58.]
68 High Court, etc. [1952 s.79; 1965 Sch.X 1(1); 1966 Sch.VI 13.]
Supplemental
69 Interest on tax. [1967 s.40(4)(6)(a).]
70 Evidence. [1952 s.71; 1964(M) Sch.IV; 1965 Sch.X 1(1); 1966 Sch.VI 13.]
PART VII PERSONS CHARGEABLE IN A REPRESENTATIVE CAPACITY, ETC.
Income Tax
71 Bodies of persons. [1952 s.362.]
72 Trustees, guardians, etc., of incapacitated persons. [1952 s.363.]
73 Further provision as to infants. [1952 s.364.]
74 Personal representatives. [1952 s.365; 1964(M) Sch.IV.]
75 Receivers appointed by a court. [1952 s.366.]
76 Protection for certain trustees, agents and receivers. [1952 s.367.]
Capital gains tax
77 Application of Part VII to capital gains tax. [1965 Sch.X 1(1), 12(2).]
77A. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
PART VIII CHARGES ON NON-RESIDENTS
Income tax
78 Method of charging non-residents. [1952 s.369.]
79 Profits from branch or agency. [1952 s.370.]
80 Charge on percentage of turnover. [1952 s.371; 1964(M) Sch.IV.]
81 Taxation on basis of merchanting profit. [1952 s.372; 1964(M) Sch.IV.]
82 Savings. [1952 s.373.]
83 Responsibilities and indemnification of persons in whose name a non-resident person is chargeable. [1952 s.374.]
Capital gains tax
84 Gains from branch or agency. [1952 s.370; 1965 Sch.X 1(1).]
Corporation tax
85 Application of Part VIII to corporation tax. [1965 s.50(4).]
85A. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
PART IX INTEREST ON OVERDUE TAX
86 [Interest on overdue tax.
86A. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
87 Interest on overdue advance corporation tax and income tax on company payments.
87AInterest on overdue corporation tax etc.
88 Interest on tax recovered to make good loss due to taxpayer’s fault. [1960 s.58(1); 1962 s.26(1); 1965 Sch.X 1(1); 1966 Sch.VI 8(2).]
88A [Determinations under section 88.
89 The prescribed rate of interest. [1952 s.495(1); 1960 s.58(1); 1967 s.40(1)(3)(6); S.I. 1969/535.]
90 Disallowance of relief for interest on tax. [1952 s.495(4); 1960 s.58(4); 1965 Sch.X 1(1), Sch.XV 8; 1966 Sch.VI 8(2).]
91 Effect on interest of reliefs. [1952 s.496; 1960 s.58(4); 1965 Sch.X 1(1), Sch.XV 8; 1967 Sch.XI 14(5).]
91A. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
92 Remission in certain cases of interest on tax in arrear by reason of exchange restrictions. [1952 s.497; 1965 Sch.X 1(1), Sch.XV 8.]
PART X PENALTIES, ETC.
93 Failure to make return for income tax or capital gains tax. [1960 s.46(1), Sch.VI column 1; 1964(M) 7(8); 1965 Sch.X 1(1).]
94 Failure to make return for corporation tax.
95 Incorrect return or accounts for income tax or capital gains tax. [1960 s.47(1), Sch.VI; 1964(M) s.7(8); 1965 Sch.X 1(1).]
96Incorrect return or accounts for corporation tax. [1966 Sch.VI 4.]
97 Incorrect return or accounts: supplemental. [1960 ss.47(3), 48(3); 1965 Sch.X 1(1); 1966 Sch.VI 4(3).]
97A [Two or more tax-geared penalties in respect of the same tax.
98 Special returns, etc. [1960 s.46(1).]
98A [Special penalties in the case of certain returns.
98B European Economic Interest Groupings. Official Journal of the European Communities No. L199/1.
99 [Assisting in preparation of incorrect return, etc.
99ACertificates of non-liability to income tax.
100 [Determination of penalties by officer of the Board.
100A Provisions supplementary to section 100.
100B Appeals against penalty determinations.
100C Penalty proceedings before Commissioners.
100D Penalty proceedings before court.
101 Evidence of profits for purposes of preceding provisions of Part X. [1960 s.60; 1965 Sch.X 1(1); 1966 Sch.VI 3(5); 1969 Sch.XX 19(5).]
102 Mitigation of penalties. [1952 s.500; 1965 Sch.XI(1); 1966 Sch.VI 13.]
103 [Time limits for penalties.
104 Saving for criminal proceedings. [1952 s.503; 1965 Sch.X 1(1);1966 Sch.VI 13; Criminal Law Act 1967 s.1.]
105 Evidence in cases of fraud or wilful default. [1952 s.504; 1965 Sch.X 1(1); 1966 Sch.VI 13.]
106 Refusal to allow a deduction of income tax, and avoidance of agreements for payment without deduction. [1952 s.506; 1966 Sch.VI 17(4).]
Scotland
107 Criminal liability for false statements made to obtain allowances. [1952 s.505; 1965 Sch.X 1(1); 1966 Sch.VI 13.] [1960 s.55(1).]
PART XI MISCELLANEOUS AND SUPPLEMENTAL
Companies
108 Responsibility of company officers. [1966 Sch.VI 24; 1969 Sch.XX 23(3).]
109 [Corporation tax on close company in connection with loans to participators etc.
Valuation
110 Valuation of land: power of entry. [1963 s.30(2); 1969 Sch.XX 20(4).]
111 Valuation of assets: power to inspect. [1965 Sch.X 14.]
Documents
112 Loss, destruction or damage to assessments, returns, etc. [1952 s.513; 1965 Sch.X 1(1); 1966 Sch.VI 13, 27(1).]
113 Form of returns and other documents. [1952 s.25; 1964(M) Sch.IV; 1966 Sch.VI 5(2)(3); 1969 Sch.XX 15.]
114 Want of form or errors not to invalidate assessments, etc. [1952 s.514(2)(3); 1965 Sch.X 1(1); 1966 Sch.VI 13.]
115 Delivery and service of documents. [1952 s.515(1); 1965 Sch.X 1(1); 1966 Sch.VI 13.] [1969 Sch.XX 16(1)(2).]
116. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Northern Ireland
117 Action of ejectment in Northern Ireland. [1952 Sch.XXIII 12.]
Interpretation
118 Interpretation. [1952 s.526(1).]
PART XII GENERAL
119 Commencement and construction.
120 Short title.
SCHEDULES
SCHEDULE 1FORMS OF DECLARATIONS
PART I GENERAL AND SPECIAL COMMISSIONERS AND OTHERS
PART II COMMISSIONERS OF INLAND REVENUE
PART III INSPECTORS, COLLECTORS AND OTHER OFFICERS
SCHEDULE 2 JURISDICTION IN APPEALS ON CLAIMS
Appeal from inspector
1(1) Except as otherwise provided by the following provisions of...
2(1) Appeal from a decision of an inspector on a...
Appeal from Board
3Except as otherwise provided by any provision of the Taxes...
SCHEDULE 3RULES FOR ASSIGNING PROCEEDINGS TO COMMISSIONERS
SCHEDULE 3ZCCT Payment plans for tax on certain transactions with EEA residents
Introduction
1This Schedule makes provision enabling a company that is liable...
Qualifying corporation tax
2(1) For the purposes of this Schedule a company is...
Qualifying transactions
3(1) For the purposes of this Schedule each of the...
Eligibility to enter a CT payment plan
4(1) A company that is liable to pay qualifying corporation...
Application to enter a CT payment plan
5A company that is liable to pay qualifying corporation tax...
Entering into a CT payment plan
6(1) A company enters into a CT payment plan if—...
Content of CT payment plan
7(1) A CT payment plan entered into by a company...
Effect of CT payment plan
8(1) This paragraph applies where a CT payment plan is...
The payment method: instalments
9(1) Where a CT payment plan is entered into by...
The payment method: all of outstanding balance due
10(1) Where at any time after a CT payment plan...
All of outstanding balance attributable to particular qualifying transaction due
11(1) This paragraph applies where— (a) a CT payment plan...
Part of outstanding balance attributable to particular qualifying transaction due
12(1) This paragraph applies where— (a) a CT payment plan...
SCHEDULE 4 SAVINGS AND TRANSITORY PROVISIONS
Declaration of secrecy
1(1) Section 6(4) of this Act shall not apply to...
Information about interest paid or credited without deduction of tax by banks, etc.
2A notice served under section 29 of the Income Tax...
Assessments
3(1) Section 36 of this Act shall not apply to...
Claims
4(1) This paragraph has effect as respects relief under any...
5An appeal, or other proceedings in the nature of an...
6(1) Any relief obtainable under section 87(8) of the Finance...
Choice of Commissioners to hear proceedings
7Neither section 44 of this Act nor any other provision...
Settling of appeals by agreement
8. . .
Interest on tax
9(1) . . . (2) For the purposes of section...
Penalties, etc.
10Section 98 of this Act shall have effect as if...
11Section 103(2) of this Act shall not apply to tax...
12The repeals made by the principal Act shall not affect...
Northern Ireland
13. . .
14Part V of this Act, and the repeal by the...

Taxes Management Act 1970

1970 c. 9

An Act to consolidate certain of the enactments relating to income tax, capital gains tax and corporation tax, including certain enactments relating also to other taxes.

Annotations:
Commencement Information
I1

Act wholly in force at 6.4.1970, see s. 119(1)

Editorial Information
X1

General amendments to Tax Acts, Income Tax Acts, and/or Corporation Tax Acts made by legislation after 1.2.1991 are noted against Income and Corporation Taxes Act 1988 (c. 1, SIF 63:1) but not against each Act

Modifications etc. (not altering text)
C1

Act applied (19.4.1991) for the year of assessment 1988-1989 by S.I. 1991/851, regs. 1, 3(1)

C2

EDITORIAL NOTEThis Act is presented in the form in which it appears in the 1990 edition of The Taxes Acts edited by the Inland Revenue and published by Her Majesty's Stationery Office (any references in footnotes etc. to Vol. 1, 2 etc. are to the Volumes of that edition). The style of editing (see the following paragraph) differs from that applicable to most Acts published in Statutes in Force.Repealed matter is printed in italic type with a foot-note or, if its inclusion is unnecessary, omitted. Textual amendments, including additions, to any enactment are printed, as part of that enactment, in ordinary type enclosed in square brackets, with a footnote giving the reference to the amending enactment and, where necessary, the previous wording of the amended enactment. Where the effect of an enactment is modified or extended by a later enactment without specific amendment of the original words, the change is indicated by a footnote.

C3

Act extended (with modifications) (28.3.1992) for year of assessment 1989-1990 by S.I. 1992/511, regs. 1,3, Sch. 1

C4

Power to modify Act conferred (6.3.1992) by Taxation of Chargeable Gains Act 1992 (c. 12), ss. 209(3), 289 (having effect in relation to tax for the year 1992-93 and subsequent years of assessment, and tax for other chargeable periods beginning on or after 6.4.1992 see s. 289) (with ss. 60, 101(1), 171, 201(3))

C5

Act applied (with modifications) (23.3.1993 with effect for the year of assessment 1990-91 only) by S.I. 1993/415, regs. 1(1), 3(1).

C6

Act applied (27.7.1993) by 1993 c. 34, s. 80(7)

C7

Act: power to modify conferred (27.7.1993 with effect for the year 1992-93 and subsequent years of assessment) by 1993 c. 34, s. 182(2), 184(3)