Corporation Tax Act 2010 (c. 4)

Schedules

SCHEDULE 1 U.K. Minor and consequential amendments

Part 2 U.K. Other enactments

Finance Act 2004 U.K.

423 U.K. The Finance Act 2004 is amended as follows.

424 U.K. Omit section 50 (generally accepted accounting practice).

425 U.K. Omit section 51 (use of different accounting practices within a group of companies).

426 U.K. In section 59(4) (contractors) for “section 343 of the Taxes Act 1988” substitute “ Chapter 1 of Part 22 of the Corporation Tax Act 2010 ”.

427 U.K. Omit section 83 (giving through the self-assessment return).

428 U.K. In section 273(9) (members liable as scheme administrator) for “section 417(5)(b) of ICTA” substitute “ section 452(2)(b) of the Corporation Tax Act 2010 ”.

429 U.K. In section 307(2)(b) (meaning of “promoter”)—

(a) for “section 840A of the Taxes Act 1988” substitute “ section 1120 of the Corporation Tax Act 2010 ”, and

(b) for “section 209A(4)” substitute “ section 1009(3) ”.

430 U.K. In paragraph 4(2) of Schedule 11 (the compliance test) for “section 416(2) to (6) of the Taxes Act 1988” substitute “ sections 450 and 451 of the Corporation Tax Act 2010 ”.

431 (1) Amend Schedule 29A (taxable property held by investment-regulated pension schemes) as follows. U.K.

(2) In paragraph 17(3) for “section 416 of ICTA” substitute “ sections 450 and 451 of the Corporation Tax Act 2010 ”.

(3) In paragraph 21(3)—

(a) in paragraph (a)—

(i) for “section 416 of ICTA” substitute “ sections 450 and 451 of the Corporation Tax Act 2010 ”,

(ii) for “that section” substitute “ those sections ”, and

(b) in paragraph (b)—

(i) for “paragraph (b) of section 417(5)” substitute “ section 452(2)(b) ”,

(ii) for “that paragraph” substitute “ section 452(3) of that Act ”.

(4) In paragraph 22(1) for the words from “is” to “that Part applies” substitute “ is a company which is, or is a member of, a UK REIT within the meaning of Part 12 of the Corporation Tax Act 2010 (Real Estate Investment Trusts) ”.

(5) In each of the following paragraphs for “Section 839 of ICTA” substitute “ Section 1122 of the Corporation Tax Act 2010 ”

(a) paragraph 10(4),

(b) paragraph 19(8),

(c) paragraph 21(5),

(d) paragraph 22(3), and

(e) paragraph 24(6).

432 (1) Amend Schedule 36 (pension schemes: transitional provision and savings) as follows. U.K.

(2) In paragraph 12(8A)(b) for “Chapter 4 of Part 10 of ICTA” substitute “ Part 5 of the Corporation Tax Act 2010 ”.

(3) In paragraph 22(7J) for “Section 839 of ICTA” substitute “ Section 1122 of the Corporation Tax Act 2010 ”.

(4) In paragraph 37H(5) for “Section 839 of ICTA” substitute “ Section 1122 of the Corporation Tax Act 2010 ”.