Section 1032
SCHEDULE 4U.K.Index of defined expressions
This schedule has no associated Explanatory Notes
accounting period (in relation to a deposit-taker who is not a company) (in Chapter 15 of Part 15) | section 948(1) |
accreditation period (in Part 7) | section 342(1) |
accrued income losses (in Part 12) | section 615(4) |
accrued income profits (in Part 12) | section 615(2) |
accumulated or discretionary income (in Chapter 3 of Part 9) | section 480 |
Act | section 1018 |
adjusted net income (in Chapters 2 and 3 of Part 3) | section 58 |
arrangements (in Part 5) | section 257(1) |
arrangements (in Chapter 2 of Part 9) | section 465(8) |
assets (in Chapter 2 of Part 13) | section 717 |
assignment (in the application of this Act to Scotland) | section 1008(1) |
associate (in Part 5) | section 253 |
associate (in Part 6) | section 253 (as applied by section 332) |
associate (in Part 7) | section 381 |
associated operation (in Chapter 2 of Part 13) | section 719 |
attributable income (in Part 10) | section 540(3) |
attributable gains (in Part 10) | section 540(3) |
attributable income and gains (in Part 10) | section 540(3) |
authorised unit trust | section 989 |
available income and gains (in Part 10) | section 562(4) |
basic rate | section 6(2) (as applied by section 989) |
basic rate limit | section 20(2) (as applied by section 989) |
beneficial entitlement (in Chapter 1 of Part 14) | section 822 |
the beneficiary (in Chapter 8 of Part 9) | section 499(1)(b) |
the beneficiary's income (in Chapter 8 of Part 9) | section 499(2) |
beneficiary under a discretionary or accumulation settlement (in Chapter 2 of Part 15) | section 873(3) |
benefits associated with a gift (in Chapter 2 of Part 8) | section 417 |
body (in Part 7) | section 382(1) |
body of persons | section 989 |
bonus shares (in Chapter 6 of Part 4) | section 151(1) |
bonus shares (in Part 5) | section 257(1) |
bonus shares (in Part 7) | section 382(1) |
building society | section 989 |
buying back securities, in the context of a repo (in Part 11) | section 570 |
C (tax-exempt) (in Chapter 2 of Part 11) | section 591(1) |
C (tax-exempt) (in Chapter 4 of Part 11) | section 606(2) |
C (tax-exempt) (in Chapter 9 of Part 15) | section 591(1) (as applied by section 926(1)) |
capital (in Chapter 3 of Part 13) | section 772(1) |
capital allowance | section 989 |
capital amount (in Chapter 4 of Part 13) | section 777(7) |
capital gains relief (in Chapter 3 of Part 4) | section 103(2) |
capital gains relief (in Chapter 5 of Part 13) | section 790(4) |
the CDFI (in Part 7) | sections 334(2) and 370 |
certificate of deposit | section 1019 |
chargeable gain | section 989 |
chargeable period | section 989 |
charged amount (in Chapter 2 of Part 8) | section 427 |
charitable trade (in Part 10) | section 525 |
charitable trust (in Part 10) | section 519 |
charity | section 989 |
charity (in Chapter 2 of Part 8) | section 989 (and see also section 430) |
charity (in Chapter 3 of Part 8) | section 989 (and see also section 446) |
CITR (in Part 7) | section 333 |
civil partner (in Chapter 6 of Part 4) | section 151(1) |
claim | section 1020 |
close company | section 989 |
company (except in Part 6, Chapters 1, 3 and 4 of Part 13 and sections 993 and 994) | section 992 |
company (in Part 6) | section 332 |
company (in Chapter 1 of Part 13) | section 713 |
company (in Chapter 3 of Part 13) | section 772(3) |
company (in Chapter 4 of Part 13) | section 789 |
company in administration (in Part 5) | section 252(2) |
company in administration (in Part 6) | section 331(2) |
company in receivership (in Part 5) | section 252(3) |
company in receivership (in Part 6) | section 331(3) |
compliance certificate (in Part 5) | section 204(1) |
compliance statement (in Part 5) | section 205(1) |
connected (in relation to two persons being connected with one another) | section 993 as applied by section 1021(1) (but see exceptions and alternative provision in sections 166 to 171, 257(2) and 313(5) and (6)) |
control | section 995 as applied by section 1021(2) (but see exceptions and alternative provision in sections 69(7), 139(2), 257(3), 313(4) and (6), 394(5), 395(6), 691(4) and 994(1)) |
conversion (in Part 12) | section 620(7) |
co-operative (in Chapter 1 of Part 8) | section 401(3) |
corresponding bonus shares (in Chapter 6 of Part 4) | section 151(1) |
counteraction notice (in Chapter 1 of Part 13) | section 698(3) |
the current tax year (in Chapter 8 of Part 9) | section 499 |
debenture (except in sections 559, 560 and 691) | section 1022 |
deemed deduction (in Chapter 13 of Part 15) | section 941(6) |
deemed payment (in Chapter 13 of Part 15) | section 941(6) |
deposit (in Chapter 2 of Part 15) | section 855(2) |
deposit (in Chapter 19 of Part 15) | section 983 |
deposit-taker (in Chapter 2 of Part 15) | section 853 |
director (in Part 5) | section 257(1) |
director (in Part 6) | section 332 |
discretionary or accumulation settlement (in Chapter 2 of Part 15) | section 873(1) |
disposal (in Part 7) | section 379 |
disposal of shares (in Part 5) | section 254 |
disposal-related liability (in Chapter 3 of Part 8) | section 440 |
disposal-related obligation (in Chapter 3 of Part 8) | section 439 |
disposing of land (in Chapter 3 of Part 13) | section 753 |
disregarded annual payments (in Chapter 1 of Part 14) | section 826 |
disregarded company income (in Chapter 1 of Part 14) | section 816 |
disregarded income (in Chapter 1 of Part 14) | section 813(1) |
disregarded pension income (in Chapter 1 of Part 14) | section 813(3) |
disregarded savings and investment income (in Chapter 1 of Part 14) | section 825 |
disregarded social security income (in Chapter 1 of Part 14) | section 813(5) |
disregarded transaction income (in Chapter 1 of Part 14) | section 814 |
distribution (except in Chapter 4 of Part 11) | section 989 |
distribution (in Chapter 4 of Part 11) | section 606(3) |
dividend (in Chapter 2 of Part 15) | section 850(6)(b) |
dividends (in Chapter 1 of Part 13) | section 713 |
dividend income | section 19 |
dividend ordinary rate | section 8(1) (as applied by section 989) |
dividend trust rate | section 9(2) (as applied by section 989) |
dividend upper rate | section 8(2) (as applied by section 989) |
double taxation arrangements | section 1023 |
early tax year (in Chapter 3 of Part 4) | section 112(6) |
EIS (in Part 5) | section 156(2) |
EIS relief (in Chapter 6 of Part 4) | section 151(1) |
EIS relief (in Part 5) | section 156(1) |
election | section 1020 |
eligible for EIS relief (in Part 5) | section 157(1) |
eligible shares (in Chapter 2 of Part 6) | section 273(1) |
eligible shares (in Chapter 3 of Part 6) | section 285(3) |
the 30% eligible shares condition (in Chapter 3 of Part 6) | section 274(2) |
employment income | section 7 of ITEPA 2003 |
excluded company (in Chapter 6 of Part 4) | section 151(1) |
farming | section 996 |
financial instrument (in Part 15) | section 984 |
firm (in Chapter 2 of Part 4) | section 60(5) |
firm (in Chapter 3 of Part 4) | section 103(3) |
firm (in Chapter 5 of Part 13) | section 790(5) |
the 5 year period (in Part 7) | section 338 |
G (property rental business) (in Chapter 2 of Part 11) | section 591(1) |
G (property rental business) (in Chapter 4 of Part 11) | section 606(4) |
G (property rental business) (in Chapter 9 of Part 15) | section 591(1) (as applied by section 926(1)) |
generally accepted accounting practice | section 997(1) and (3) |
gift aid declaration (in Chapter 2 of Part 8) | section 428 |
gilt-edged securities | section 1024 |
gross amount of a payment (in Chapter 4 of Part 8) | section 452 |
gross amount (in Chapter 2 of Part 11) | section 589 |
gross amount (in Chapter 4 of Part 11) | sections 589 and 918(7) (as applied by section 606(9) and (10)) |
gross amount (in Chapter 9 of Part 15) | section 589 (as applied by section 926(1)) |
the gross amount (in Chapter 13 of Part 15) | section 941(6) |
grossing up | section 998 |
grossed up amount (in Chapter 2 of Part 8) | section 415 |
gross-paying government securities (in Chapter 5 of Part 15) | section 893(2) |
group (in Chapter 6 of Part 4 (except in sections 137 and 142)) | section 151(1) |
group (in Part 5) | section 257(1) |
group (in Part 6) | section 332 |
group (in Chapter 2 of Part 11) | section 591(1) |
group (in Chapter 4 of Part 11) | section 606(5) |
group (in Chapter 9 of Part 15) | section 591(1) (as applied by section 926(1)) |
group company (in Part 5) | section 257(1) |
group company (in Part 6) | section 332 |
heritage body (in Chapter 10 of Part 9) | section 507(2) |
heritage direction (in Chapter 10 of Part 9) | section 507(2) |
heritage maintenance property (in Chapter 10 of Part 9) | section 507(2) |
heritage maintenance settlement (in Chapter 10 of Part 9) | section 507(2) |
higher rate | section 6(2) (as applied by section 989) |
holding company (in Chapter 6 of Part 4) | section 151(1) |
the 15% holding limit condition (in Chapter 3 of Part 6) | section 274(2) |
the income retention condition (in Chapter 3 of Part 6) | section 274(2) |
income tax advantage (in Chapter 1 of Part 13) | section 683(1) |
the independent broker conditions (in Chapter 1 of Part 14) | section 817 |
the independent investment manager conditions (in Chapter 1 of Part 14) | section 818 |
individual (in Chapter 2 of Part 13) | section 714(4) |
individual (in Chapter 6 of Part 15) | section 905 |
interest (in Part 12) | section 671 |
interest payment day (in Part 12) | section 672 |
interest period (in Part 12) | section 673 |
the invested amount (in Part 7) | section 337 |
the investing company (in Chapter 4 of Part 6) | section 286(1) |
investment (in Chapter 2 of Part 15) | section 855(1) |
the investment (in Part 7) | section 334(1) |
investment company (in Chapter 6 of Part 4) | section 151(1) |
the investment date (in Part 7) | section 338 |
investment manager (in Chapter 1 of Part 14) | section 827(1) |
investments (in relation to a company) (in Chapter 3 of Part 6) | section 285(4) |
investment transaction (in Chapter 1 of Part 14) | section 827(2) |
the investor (in Part 5) | section 157(1) |
the investor (in Part 7) | sections 334(1) and 370 |
the issuing company (in Part 5) | section 157(1) |
limited partner (in Chapter 3 of Part 4) | section [F1103A] |
the listing condition (in Chapter 3 of Part 6) | section 274(2) |
living together (in relation to married couples and civil partners) | section 1011 |
local authority | section 999 |
local authority association | section 1000 |
manufactured dividend (in Chapter 2 of Part 11) | section 573(1)(a) |
manufactured dividend (in Chapter 3 of Part 11) | section 573(1)(a) (as applied by section 595) |
manufactured dividend (in Chapter 4 of Part 11) | section 573(1)(a) (as applied by section 606(6)) |
manufactured dividend (in Chapter 9 of Part 15) | section 573(1)(a) (as applied by section 926(1)) |
manufactured interest (in Chapter 2 of Part 11) | section 578(1)(a) |
manufactured interest (in Chapter 9 of Part 15) | section 578(1)(a) (as applied by section 926(1)) |
manufactured overseas dividend (in Chapter 2 of Part 11) | section 581(1)(a) |
manufactured overseas dividend (in Chapter 9 of Part 15) | section 581(1)(a) (as applied by section 926(1)) |
market gardening | section 996 |
market value (of an asset) (in Part 5) | section 257(6) |
market value (of an asset) (in Part 7) | section 382(3) |
market value of a qualifying investment (in Chapter 3 of Part 8) | section 438 |
modified net income | section 1025 |
the nature of income condition (in Chapter 3 of Part 6) | section 274(2) |
net income | section 23 (see Step 2) (as applied by section 989) |
nominal value of securities (in Part 12) | sections 676 and 677 |
non-active partner (in Chapter 3 of Part 4) | section [F2103B] |
non-charitable expenditure (in Part 10) | section 543 |
non-UK resident (and references to a non-UK resident or a non-UK resident person) | section 989 |
normal self-assessment filing date | section 989 |
notice | section 989 |
obligation (in Chapter 3 of Part 8) | section 439(7) |
occupation (in Chapter 4 of Part 13) | section 774 |
offshore installation | sections 1001 and 1002 |
oil and gas exploration and appraisal | section 1003 |
ordinary share capital | section 989 |
ordinary shares (in Part 5) | section 257(1) |
ordinary shares (in Part 6) | section 332 |
other income (in Part 9) | section 463 |
other person (in Chapter 3 of Part 13) | section 763 |
other person (in Chapter 4 of Part 13) | section 782 |
overseas dividend (in Part 11) | section 567 |
overseas dividend (in Chapter 9 of Part 15) | section 567 (as applied by section 926(1)) |
overseas property business | Chapter 2 of Part 3 of ITTOIA 2005 (as applied by section 989) |
overseas securities (in Part 11) | section 567 |
overseas tax (in Chapter 2 of Part 11) | section 591(1) |
overseas tax (in Chapter 9 of Part 15) | section 591(1) (as applied by section 926(1)) |
overseas tax credit (in Chapter 2 of Part 11) | section 591(1) |
parent company (in Part 5) | section 257(1) |
parent company (in Part 6) | section 332 |
payment (in Chapter 7 of Part 9) | section 493(5) |
period A, period B, period C (in Part 5) | section 159(2), (3), (4) |
period of account | section 989 |
permanent establishment | section 989 |
person abroad (in Chapter 2 of Part 13) | section 718 |
personal representatives | section 989 |
prescribed (in Chapter 2 of Part 11) | section 591(1) |
principal company (in Chapter 2 of Part 11) | section 591(1) |
principal company (in Chapter 9 of Part 15) | section 591(1) (as applied by section 926(1) |
profits or gains | section 989 |
property deriving its value from land (in Chapter 3 of Part 13) | section 772(2) |
property investment LLP | section 1004 |
property maintenance purpose (in Chapter 10 of Part 9) | section 507(2) |
qualifying annual payment (in Chapter 6 of Part 15) | section 899 |
qualifying business activity (in Part 5) | section 179 |
qualifying certificate of deposit (in Part 15) | section 985 |
qualifying company (in Part 5) | section 180 |
qualifying distribution | section 989 |
qualifying donation (in Chapter 2 of Part 8) | section 416 |
[F3qualifying film expenditure (in Chapter 3 of Part 4)] | [F3section 103D] |
qualifying holding (in Chapter 3 of Part 6) | Chapter 4 of Part 6 |
the 70% qualifying holdings condition (in Chapter 3 of Part 6) | section 274(2) |
qualifying interest in land (in Chapter 3 of Part 8) | section 433 |
qualifying investor (in Part 5) | section 162 |
qualifying investment (in Part 7) | section 344 |
qualifying investment (in Chapter 3 of Part 8) | section 432 |
qualifying partnership (in Chapter 11 of Part 15) | section 932 |
qualifying period (in Chapter 1 of Part 14) | section 820 |
qualifying shares (in Chapter 6 of Part 4) | section 131(2) |
qualifying subsidiary (in Part 5) | section 191 |
qualifying subsidiary (in Chapter 4 of Part 6) | section 302 |
qualifying 90% subsidiary (in Part 5) | section 190 |
qualifying 90% subsidiary (in Chapter 4 of Part 6) | section 301 |
qualifying trade (in Part 5) | section 189(1) |
qualifying trade (in Chapter 4 of Part 6) | section 300 |
qualifying uncertificated eligible debt security unit (in Part 15) | section 986 |
quoted Eurobond (in Part 15) | section 987 |
recognised stock exchange | section 1005 |
registered (in Chapter 5 of Part 15) | section 895(6) |
registered industrial and provident society (in Chapter 6 of Part 4) | section 151(1) |
registered industrial and provident society (in Chapter 3 of Part 15) | section 887(5) |
registered pension scheme | section 150(2) of FA 2004 (as applied by section 989) |
the Registrar (in Chapter 5 of Part 15) | section 895(6) |
regulations (in Chapter 5 of Part 6) | section 325 |
related agreements (in Part 11) | section 571 |
the relevant company (in Chapter 4 of Part 6) | section 286(1) |
relevant disregarded income (in Chapter 1 of Part 14) | section 821 |
relevant foreign income | section 989 |
the relevant holding (in Chapter 4 of Part 6) | section 286(1) |
relevant investment (in Chapter 2 of Part 15) | section 856 |
the relevant shares (in Part 5) | section 157(1) |
relevant transaction (in Chapter 2 of Part 13) | section 715 |
relevant transfer (in Chapter 2 of Part 13) | section 716(1) |
relevant withholding tax (in Chapter 2 of Part 11) | section 590 |
repo (in Part 11) | section 569 |
the repurchase price of the securities (in Chapter 4 of Part 11) | section 606(7) |
retail prices index | section 989 |
the rules about manufactured payments (in Chapter 4 of Part 11) | section 606(8) |
savings income | section 18 |
savings rate | section 7 (as applied by section 989) |
schedule A business | section 989 |
scheme administrator | section 989 |
section 946 payment (in Chapter 15 of Part 15) | section 945(1) |
securities (in relation to a company) (in Chapters 3 to 6 of Part 6, but see sections 317(4) and 328(2)) | section 285(2) |
securities (in Part 12) | section 619 |
securities (in Chapter 1 of Part 13) | section 713 |
securities of the same kind (in Part 12) | section 619(6) |
settled property | section 466 (as applied by section 989) |
settlor | sections 467 to 473 (as applied by section 989) |
share (in Chapter 3 of Part 13) | section 772(3) |
share (in Chapter 4 of Part 13) | section 789 |
shares (in Chapter 6 of Part 4) | section 151(1) |
shares (in Part 6) | section 332 |
share loss relief (in Chapter 6 of Part 4) | section 131(1) |
sideways relief (in Chapter 2 of Part 4) | section 60(4) |
sideways relief (in Chapter 3 of Part 4) | section 103(1) |
sideways relief (in Chapter 5 of Part 13) | section 790(3) |
single company (in Part 5) | section 257(1) |
single company (in Part 6) | section 332 |
the 6 year period (in Chapter 6 of Part 7) | section 359(3) |
spouse (in Chapter 6 of Part 4) | section 151(1) |
starting rate | section 6(2) (as applied by section 989) |
starting rate limit | section 20(1) (as applied by section 989) |
stock lending arrangement (in Part 11) | section 568 |
subsidiary (in Chapter 1 of Part 8) | section 401(3) |
51% subsidiary | section 989 |
75% subsidiary | section 989 |
the successor company (in Chapter 5 of Part 6) | section 323(3) |
surrender (in the application of this Act to Scotland) | section 1008 |
tax credit | section 989 |
tax enactments (in Chapter 5 of Part 6) | section 325 |
tax relief certificate (in Part 7) | section 348(1) |
tax year | section 4(2) (as applied by section 989) |
the tax year 2007-08 etc | section 4(4) (as applied by section 989 |
the termination date (in relation to shares) (in Part 5) | section 256 |
total income | sections 23 (see Step 1) and 31 (as applied by section 989) |
trade (except in Parts 5 and 6) | section 989 |
trade (in Part 5) | section 989 (but see sections 189(2) and 232(7)) |
trade (in Part 6) | section 989 (but see sections 300(4) and 313(3)) |
trade carried on through a branch or agency (in Chapter 2 of Part 11) | section 591(2) |
trade carried on through a branch or agency (in Chapter 9 of Part 15) | section 926(2) |
trading company (in Chapter 6 of Part 4) | section 151(1) |
trading group (in Chapter 6 of Part 4) | section 151(1) |
trading stock (in Chapter 1 of Part 13) | section 713 |
transaction income (in Chapter 1 of Part 14) | section 814(5) |
transaction in securities (in Chapter 1 of Part 13) | section 713 |
transfer (in Chapter 2 of Part 11) | section 591(1) |
transfer (of securities) (in Part 12) | section 620 |
transfer (in Chapter 2 of Part 13) | section 716(2) |
transfer with accrued interest (in Part 12) | section 623 |
transfer with unrealised interest (in Part 12) | section 625 |
transfer without accrued interest (in Part 12) | section 624 |
transferee (in Part 12) | section 621 |
transferor (in Part 12) | section 621 |
trust rate | section 9(1) (as applied by section 989) |
the trustees of a settlement (in Part 9) | section 463 |
UK generally accepted accounting practice | section 997(2) |
UK property business | |
Chapter 2 of Part 3 of ITTOIA 2005 (as applied by section 989) | |
UK public revenue dividend (in Chapter 5 of Part 15) | section 891 |
UK resident (and references to a UK resident or a UK resident person) | section 989 |
UK securities (in Part 11) | section 566 |
UK shares (in Part 11) | section 566 |
umbrella scheme | section 989 |
unauthorised unit trust | section 989 |
unit holder | section 989 |
unit trust scheme | section 1007 |
United Kingdom | section 1013 |
unrealised interest (in Part 12) | section 625 |
the value of the net benefit to a charity (in Chapter 3 of Part 8) | section 437 |
variable rate securities (in Part 12) | section 627 |
VCT | section 259(1) (as applied by section 989) |
VCT approval (in Part 6) | section 259(2) |
VCT-in-liquidation (in Chapter 5 of Part 6) | section 320 |
VCT relief (in Part 6) | section 258 |
venture capital trust | section 259(1) (as applied by section 989) |
woodlands | section 996 |
the year of the loss (in Chapter 6 of Part 4) | section 131(1) |
Textual Amendments
F1Word in Sch. 4 substituted (retrospective to 6.4.2007) by Finance Act 2007 (c. 11), Sch. 4 paras. 20(a), 21
F2Word in Sch. 4 substituted (retrospective to 6.4.2007) by Finance Act 2007 (c. 11), Sch. 4 paras. 20(b), 21
F3Words in Sch. 4 inserted (retrospective to 6.4.2007) by Finance Act 2007 (c. 11), Sch. 4 paras. 20(c), 21