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Finance Act 1940

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You searched for provisions that are applicable to Scotland. The matching provisions are highlighted below. Where no highlighting is shown the matching result may be contained within a footnote.

  1. Introductory TextNext Match

  2. Part I Previous MatchNext Match

    1. 1.. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Previous MatchNext Match

    2. 2.. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Previous MatchNext Match

    3. 3.. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Previous MatchNext Match

    4. 4.. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Previous MatchNext Match

    5. 5.. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Previous MatchNext Match

    6. 6.. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Previous MatchNext Match

    7. 7.. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Previous MatchNext Match

    8. 8.. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Previous MatchNext Match

    9. 9.. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Previous MatchNext Match

    10. 10.. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Previous MatchNext Match

  3. Part II. Previous MatchNext Match

    1. 11—25.. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Previous MatchNext Match

  4. Part III. Excess Profits Tax and National Defence Contribution.Previous MatchNext Match

    1. 26. Raising of rate of excess profits tax Previous MatchNext Match

    2. 27. Provisions to replace s. 13(7) of Finance (No. 2) Act, 1939. Previous MatchNext Match

    3. 28. New provisions as to interconnected companies.Previous MatchNext Match

    4. 29. Investments held by members of groups of bodies corporate.Previous MatchNext Match

    5. 30. Relief in respect of excess profits tax in dominions, &cPrevious MatchNext Match

    6. 31. Miscellaneous amendments as to standard profits.Previous MatchNext Match

    7. 32. Disallowance, in computing profits, of certain expenses. Previous MatchNext Match

    8. 33. Miscellaneous amendments as to computation of profits for excess profits tax. Previous MatchNext Match

    9. 34. Miscellaneous amendments as to computation of capital.Previous MatchNext Match

    10. 35. Computation of profits and capital in the case of trades and businesses not falling within Case I of Schedule D.Previous MatchNext Match

    11. 36. Provisions as to computation losses.Previous MatchNext Match

    12. 37. Amendments as to deficiencies of profits.Previous MatchNext Match

    13. 38. Successions and amalgamations.Previous MatchNext Match

    14. 39. Amendments as to relation of excess profits tax to national defence contribution.Previous MatchNext Match

    15. 40.. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Previous MatchNext Match

    16. 41. Definition of ordinary share capital.Previous MatchNext Match

    17. 42.. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Previous MatchNext Match

  5. Part IV Previous MatchNext Match

    1. 43—59.. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Previous MatchNext Match

  6. Part V MiscellaneousPrevious MatchNext Match

    1. 60. Extension of power of Treasury to attach exemptions from taxation to securities.Previous MatchNext Match

    2. 61.. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Previous MatchNext Match

    3. 62.. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Previous MatchNext Match

    4. 63.. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Previous MatchNext Match

    5. 64.. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Previous MatchNext Match

    6. 65. Short title, construction, extent and repeal.Previous MatchNext Match

    1. SCHEDULE 1Previous MatchNext Match

      1. . . . . . . . . . ....

    2. SCHEDULE 2Previous MatchNext Match

      1. . . . . . . . . . ....

    3. SCHEDULE 3Previous MatchNext Match

      1. . . . . . . . . . ....

    4. SCHEDULE 4Previous MatchNext Match

      1. . . . . . . . . . ....

    5. Schedule 5Previous MatchNext Match

      Provisions as to Excess Profits Tax and National Defence Contribution in the case of Interconnected CompaniesPrevious MatchNext Match

      1. Part I Assessment of excess profits taxPrevious MatchNext Match

        1. 1.(1) If, for any period after the end of March,...Previous MatchNext Match

        2. 2.Every assessment to excess profits tax made in respect of...Previous MatchNext Match

        3. 3.Paragraph I of Part III of the Fifth Schedule to...Previous MatchNext Match

      2. Part II The group standard period and the group standard profitsPrevious MatchNext Match

        1. 1.(1) This Part of this Schedule shall have effect with...Previous MatchNext Match

        2. 2.(1) If the trade or business of any of the...Previous MatchNext Match

        3. 3.(1) If the group is one to which the last...Previous MatchNext Match

        4. 4.(1) Whether the group is or is not such a...Previous MatchNext Match

      3. Part III Ascertainment of standard profits of members and ascertainment of excesses and deficiencies of profitsPrevious MatchNext Match

        1. 1.The standard profits of a body corporate which is a...Previous MatchNext Match

        2. 2.(1) If the group is such a group as is...Previous MatchNext Match

        3. 3.(1) If the group is not such a group as...Previous MatchNext Match

        4. 4.If by virtue of an election of the principal company...Previous MatchNext Match

        5. 5.(1) If in the case of the trade or business...Previous MatchNext Match

      4. Part IV Miscellaneous ProvisionsPrevious MatchNext Match

        1. 1.(1) Subsection (1) of section seventeen of the Finance (No.2)...Previous MatchNext Match

        2. 2.(1) In this paragraph, the expression “the borrowed money rules”...Previous MatchNext Match

        3. 3.(1) This paragraph applies to a subsidiary member of a...Previous MatchNext Match

        4. 4.In this paragraph— the expression “period of charge” means, in...Previous MatchNext Match

        5. 5.If at any time after the thirty-first day of March,...Previous MatchNext Match

        6. 6.(1) Subject to the provisions of sub-paragraph (2) of this...Previous MatchNext Match

        7. 7.(1) Neither section nineteen of the Finance (No.2) Act, 1939...Previous MatchNext Match

        8. 8.For each subsidiary member of a group of companies, there...Previous MatchNext Match

        9. 9.. . . . . . . . . ....Previous MatchNext Match

        10. 10.(1) In the case of a member of a group...Previous MatchNext Match

        11. 11.Any appeal from any assessment to, or determination with respect...Previous MatchNext Match

        12. 12.Any dispute arising between any bodies corporate with respect to...Previous MatchNext Match

        13. 13.(1) In this Schedule, the expression “new subsidiary,” in relation...Previous MatchNext Match

    6. Sixth Schedule.Previous MatchNext Match

      Additional provisions as to assessment and collection of excess profits tax and the national defence contribution.Previous MatchNext Match

      1. 1.On an appeal against an assessment to excess profits tax...Previous MatchNext Match

      2. 2.Where an appeal is pending against an assessment to excess...Previous MatchNext Match

      3. 3.The provisions of paragraphs 1 and 2 of this Schedule...Previous MatchNext Match

      4. 4.Where, for any period, excess profits tax would be assessable...Previous MatchNext Match

      5. 5.Any payment made under an assessment to excess profits tax...Previous MatchNext Match

      6. 6.In this Schedule the expression “subsisting assessment” means an assessment...Previous MatchNext Match

      7. 7.Where the chargeable accounting periods for the purposes of excess...Previous MatchNext Match

      8. 8.Any apportionment required to be made by the last preceding...Previous MatchNext Match

    7. SCHEDULE 7Previous MatchNext Match

      1. . . . . . . . . . ....

    8. SCHEDULE 8Previous MatchNext Match

      1. . . . . . . . . . ....

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