- Latest available (Revised)
- Point in Time (24/02/2022)
- Original (As enacted)
Point in time view as at 24/02/2022.
There are currently no known outstanding effects for the Finance Act 2020, Paragraph 19.
Revised legislation carried on this site may not be fully up to date. At the current time any known changes or effects made by subsequent legislation have been applied to the text of the legislation you are viewing by the editorial team. Please see ‘Frequently Asked Questions’ for details regarding the timescales for which new effects are identified and recorded on this site.
19U.K.In this Schedule—
“authorised HMRC officer” means an officer of Revenue and Customs who is, or is a member of a class of officers who are, authorised by the Commissioners for Her Majesty's Revenue and Customs for the purpose of this Schedule;
“company” has the meaning given by paragraph 1(3);
“contract settlement” means an agreement in connection with a person's liability to make a payment to HMRC under or by virtue of an enactment;
“creditors' voluntary winding up” has the meaning given by—
section 90 of the Insolvency Act 1986 (“the 1986 Act”) (in relation to England and Wales and Scotland), or
Article 76 of the Insolvency (Northern Ireland) Order 1989 (S.I. 1989/2405 (N.I. 19)) (“the 1989 Order”) (in relation to Northern Ireland);
“director” has the meaning given by section 250 of the Companies Act 2006;
“joint liability notice” has the meaning given by paragraph 1(2);
“HMRC” means Her Majesty's Revenue and Customs;
“insolvency procedure” has the meaning given by paragraph 8;
“limited liability partnership” means a body incorporated under the Limited Liability Partnerships Act 2000;
“member”, in relation to a limited liability partnership, has the same meaning as in the Limited Liability Partnerships Act 2000 (see section 4 of that Act);
“members' voluntary winding up” has the meaning given by—
section 90 of the 1986 Act (in relation to England and Wales and Scotland), or
Article 76 of the 1989 Order (in relation to Northern Ireland);
“notice” means notice in writing;
“notify” means notify in writing;
“the official rate”, in relation to interest, means the rate payable under section 189 of the 1986 Act or (as the case may be) Article 160 of the 1989 Order;
“participator” has the meaning given by section 454 of CTA 2010;
“relevant conditions” has the meaning given by paragraph 10(2);
“shadow director” has the meaning given by section 251 of the Companies Act 2006;
“shadow member”, in relation to a limited liability partnership, means a person in accordance with whose directions or instructions the members of the partnership are accustomed to act (except that a person is not treated as a shadow member by reason only that the members of the partnership act on advice given by the person in a professional capacity);
“tax-avoidance arrangements” has the meaning given by paragraph 6;
“tax-evasive conduct” has the meaning given by paragraph 7;
“tax liability”, in relation to a company, means any amount payable to the Commissioners for Her Majesty's Revenue and Customs by the company under or by virtue of an enactment or under a contract settlement;
“unsecured creditor” has the meaning given by—
section 248 of the 1986 Act (in relation to England and Wales and Scotland);
Article 5(1) of the 1989 Order (in relation to Northern Ireland).
The Whole Act you have selected contains over 200 provisions and might take some time to download. You may also experience some issues with your browser, such as an alert box that a script is taking a long time to run.
Would you like to continue?
The Whole Act you have selected contains over 200 provisions and might take some time to download.
Would you like to continue?
The Whole Act you have selected contains over 200 provisions and might take some time to download. You may also experience some issues with your browser, such as an alert box that a script is taking a long time to run.
Would you like to continue?
The Schedules you have selected contains over 200 provisions and might take some time to download. You may also experience some issues with your browser, such as an alert box that a script is taking a long time to run.
Would you like to continue?
Latest Available (revised):The latest available updated version of the legislation incorporating changes made by subsequent legislation and applied by our editorial team. Changes we have not yet applied to the text, can be found in the ‘Changes to Legislation’ area.
Original (As Enacted or Made): The original version of the legislation as it stood when it was enacted or made. No changes have been applied to the text.
Point in Time: This becomes available after navigating to view revised legislation as it stood at a certain point in time via Advanced Features > Show Timeline of Changes or via a point in time advanced search.
Geographical Extent: Indicates the geographical area that this provision applies to. For further information see ‘Frequently Asked Questions’.
Show Timeline of Changes: See how this legislation has or could change over time. Turning this feature on will show extra navigation options to go to these specific points in time. Return to the latest available version by using the controls above in the What Version box.
Access essential accompanying documents and information for this legislation item from this tab. Dependent on the legislation item being viewed this may include:
This timeline shows the different points in time where a change occurred. The dates will coincide with the earliest date on which the change (e.g an insertion, a repeal or a substitution) that was applied came into force. The first date in the timeline will usually be the earliest date when the provision came into force. In some cases the first date is 01/02/1991 (or for Northern Ireland legislation 01/01/2006). This date is our basedate. No versions before this date are available. For further information see the Editorial Practice Guide and Glossary under Help.
Use this menu to access essential accompanying documents and information for this legislation item. Dependent on the legislation item being viewed this may include:
Click 'View More' or select 'More Resources' tab for additional information including: