SCHEDULES
Trading income provided through third parties: loans etc outstanding on 5 April 2019
Venture capital trusts: further amendments
PART 4 Returns: overseas partners in investment partnerships etc
PART 5 Returns conclusive as to shares of profits and losses
Meaning of “tax” etc and treatment of cases where tax charged at a nil rate
2.In section 259B (“tax” means certain taxes on income and...
3.In section 259BC (meaning of “ordinary income”), in subsection (3),...
4.In section 259FA (circumstances in which Chapter 6 applies), after...
5.In section 259GB (hybrid payee deduction/non-inclusion mismatches and their extent),...
6.In section 259KB (meaning of “excessive PE deduction”), after subsection...
Hybrid and other mismatches from financial instruments: qualifying capital amounts
Hybrid transfer deduction/non-inclusion mismatches: qualifying capital amounts
Hybrid entity double deduction mismatches: use of restricted deduction
Adjustments in light of subsequent events: accounting treatment
Corporate interest restriction
PART 1 Amendments of Part 10 of TIOPA 2010
Hedging of tax-interest expense amounts or tax-interest income amounts etc
2.(1) Section 384 (relevant derivative contract debits) is amended as...
3.(1) Section 387 (relevant derivative contract credits) is amended as...
4.(1) Section 411 (“relevant expense amount” and “relevant income amount”)...
5.In section 412 (section 411: interpretation), after subsection (3) insert—...
7.(1) Section 433 (meaning of “qualifying infrastructure company”) is amended...
8.(1) Section 434 (elections under section 433) is amended as...
9.(1) Section 436 (meaning of “qualifying infrastructure activity”) is amended...
10.In section 443 (interest capacity for group with qualifying infrastructure...
11.In section 444 (joint venture companies), in subsection (1), after...
PART 1 Chargeable equity and liabilities
Chargeable equity and liabilities: relevant groups and relevant entities
Definition of “UK allocated equity and liabilities”
3.In paragraph 24(1) (steps to determine UK allocated equity and...
4.(1) Paragraph 25 (UK allocated equity and liabilities: netting) is...
5.In paragraph 26(4), for “paragraph 17(17) or 19(17)” substitute “...
6.(1) Paragraph 27 (UK allocated equity and liabilities: determining the...
7.After paragraph 27 insert— (1) Paragraph 27D applies for the purposes of paragraph 27(2)(b)...
8.In consequence of the preceding provisions of this Schedule, Schedule...
10.In paragraph 40(1), for the words from “paragraphs 16” to...
11.(1) Paragraph 47 is amended in accordance with this paragraph....
12.In paragraph 53(4)— (a) in paragraph (a), for “relevant UK...
13.(1) Paragraph 54 is amended in accordance with this paragraph....
14.(1) Paragraph 70 is amended in accordance with this paragraph....
PART 2 Miscellaneous amendments
International accounting standards
23.In paragraph 12 (definition of “banking group”), in sub-paragraph (7),...
24.In paragraph 13 (definition of “banking group”: exempt activities condition)—...
25.In paragraph 14 (definition of “assets”, “equity” and “liabilities”), omit...
26.In paragraph 24 (definition of “UK allocated equities and liabilities”)—...
28.In paragraph 36 (exclusion of relevant retirement benefit liabilities)—
29.In paragraph 42 (financial statements etc)— (a) in sub-paragraph (8),...
30.In paragraph 70 (general definitions)— (a) omit the definition of...
31.In paragraph 71 (definition of “asset management activities”), in sub-paragraph...
32.In paragraph 72 (definition of “capital resources condition”), in sub-paragraph...
33.In paragraph 73 (definition of “excluded entity”), in sub-paragraph (3),...
34.In paragraph 81 (power to make consequential changes), in sub-paragraph...
Settlements: anti-avoidance etc
4.In section 619(1) (list of provisions in the Chapter charging...
5.In section 621 (income charged under the Chapter), for “income...
7.In section 623 (deductions and reliefs allowed when calculating liability...
8.In section 635 (amount of available income for section 633...
9.In section 636 (amount of unprotected income that is undistributed...
11.After section 643 insert— Benefits matched with protected foreign-source income...
14.In section 732(1)(e) (where benefit received, income treated as arising...
15.In section 733A(7) (meaning of “close member” of settlor's family),...
16.After section 733A insert— Recipients of onward gifts (1) Sections 733C to 733E apply if—
17.In section 734 (amount charged under section 731 is reduced...
18.After section 734 insert— Reduction in amount charged: previous settlements...
19.After section 735B insert— Person liable under section 733C or...
Stamp duty land tax: higher rates for additional dwellings
Exception where purchaser has prior interest in purchased dwelling
Exception where spouses and civil partners purchasing from one another
Property adjustment on divorce, dissolution of civil partnership etc
Purchase etc by person appointed under Mental Capacity Act 2005 to make decisions for a child
Landfill tax: disposals not made at landfill sites, etc