Finance Act 2001

[^key-9a2c454d19faa661e8ae6b6976b1d367]: Words in s. 48 substituted (1.4.2009) by The Transfer of Tribunal Functions and Revenue and Customs Appeals Order 2009 (S.I. 2009/56), art. 1(2), Sch. 1 para. 307(2)

[^key-9b31d0965514a3f1643cc1c4821009be]: S. 75(1) repealed (with effect in accordance with s. 1329(1) of the amending Act) by Corporation Tax Act 2009 (c. 4), s. 1329(1), Sch. 3 Pt. 1 (with Sch. 2 Pts. 1, 2)

[^key-9b7ff54f3ca6e9bc4fc52853a9ac5918]: Sch. 29 para. 32 repealed (19.7.2007) by Finance Act 2007 (c. 11), Sch. 27 Pt. 5(5)

[^key-9c59529a450479bf055bc934a6dadf81]: Sch. 6 para. 9A(1)(a)(iii) and word inserted (26.3.2015) by Finance Act 2015 (c. 11), s. 61(5)(b)

[^key-9c7066ec67e0b7f3c9d0a5f35d5e6ad1]: Sch. 7 para. 4 omitted (1.4.2010) by virtue of The Finance Act 2009, Section 96 and Schedule 48 (Appointed Day, Savings and Consequential Amendments) Order 2009 (S.I. 2009/3054), art. 1, Sch. para. 9 (with art. 6)

[^key-9f0315a469143dae77b3f9f50bae9969]: S. 107 omitted (21.7.2008) by virtue of Finance Act 2008 (c. 9), s. 135(13)

[^key-9f1515eb834171c06dbe01d99d2b7c3e]: S. 78 omitted (with effect in accordance with Sch. 2 para. 56(3) of the amending Act) by virtue of Finance Act 2008 (c. 9), Sch. 2 para. 55(d)(i)

[^key-9f15dfe30fc5441f122640a783206855]: Words in Act substituted (22.4.2011) by The Treaty of Lisbon (Changes in Terminology) Order 2011 (S.I. 2011/1043), arts. 2, 3, 4 (with art. 3(2)(3), 4(2), 6(4)(5))

[^key-a0545627b07cb132b16f2dbccec9ca3e]: S. 85(1) repealed (with effect in accordance with s. 1034(1) of the amending Act) by Income Tax Act 2007 (c. 3), s. 1034(1), Sch. 3 Pt. 1 (with Sch. 2)

[^key-a0cd4b16977c6081316dab564a61e85d]: Sch. 7 para. 12(1)(c) omitted (21.7.2008) by virtue of Finance Act 2008 (c. 9), Sch. 44 para. 9(b)

[^key-a0cf0f773537830d915e594c85472a89]: Words in s. 17(7) omitted (in relation to aggregate won on or after 1.10.2023) by virtue of Finance (No. 2) Act 2023 (c. 30), s. 330(2)(c)(5)

[^key-a12e4a0c1ef3712e6f3e5cad27d013a8]: Words in Sch. 8 para. 12(3)(a) substituted (30.11.2016) by The Bankruptcy (Scotland) Act 2016 (Consequential Provisions and Modifications) Order 2016 (S.I. 2016/1034), art. 1, Sch. 1 para. 24(4)(b)

[^key-a249a86227f6b08937815bfdcd403a46]: Words in Sch. 7 para. 15 substituted (with effect in accordance with s. 18(4) of the amending Act) by Scotland Act 2016 (c. 11), s. 72(3), Sch. 1 para. 12(3)

[^key-a4ec744ff02f1a7c636faf7f5b566d7a]: Sch. 25 para. 6 repealed (19.7.2007) by Finance Act 2007 (c. 11), Sch. 27 Pt. 2(7)

[^key-a4fa7683706c81459c652fac6e9d0f59]: Sch. 31 para. 4(4) repealed (31.12.2020) by Taxation (Cross-border Trade) Act 2018 (c. 22), s. 57(3), Sch. 8 para. 132(c) (with savings and transitional provisions in S.I. 2019/105 (as amended by S.I. 2020/1495, regs. 1(2), 21), S.I. 2020/1545, Pt. 4 and 2020 c. 26, Sch. 2 para. 7(7)-(9)); S.I. 2020/1642, reg. 4(b) (with reg. 7)

[^key-a58fd8137b1ee725054f0a7f82ef491b]: S. 55 repealed (with effect in accordance with s. 1184(1) of the amending Act) by Corporation Tax Act 2010 (c. 4), s. 1184(1), Sch. 3 Pt. 1 (with Sch. 2)

[^key-a6b6cb5bcc141c7ba3dad5d499f187c0]: Sum in Sch. 6 para. 2(3)(a) substituted (E.W.) (12.3.2015) for words by The Legal Aid, Sentencing and Punishment of Offenders Act 2012 (Fines on Summary Conviction) Regulations 2015 (S.I. 2015/664), reg. 1(1), Sch. 2 para. 12(3)(c) (with reg. 5(1))

[^key-a6e9e9f2adf580672465d5aadab441db]: Word in s. 42(4) substituted (1.4.2009) by The Transfer of Tribunal Functions and Revenue and Customs Appeals Order 2009 (S.I. 2009/56), art. 1(2), Sch. 1 para. 306(5)(a) (with Sch. 3 paras. 2-4, 9(2)(f))

[^key-ab7e4f5824749f64103ff78abd6c3224]: Sch. 6 para. 8 savings for effects of 2008 c. 9, Sch. 40 para. 21 (5.3.2009) by The Finance Act 2008, Schedule 41 (Appointed Day and Transitional Provisions) Order 2009 (S.I. 2009/511), art. 4(e)(i)

[^key-ad11fceb731300d7ee25701f8deb42f1]: S. 18(2)(ca) inserted (retrospective to 1.4.2014) by Finance (No. 2) Act 2015 (c. 33), s. 48(5)(6)

[^key-aec95e953ff01b1c80761032202e9ef5]: Words in s. 25(5)(b) inserted (1.4.2009) by The Finance Act 2008, Schedule 40 (Appointed Day, Transitional Provisions and Consequential Amendments) Order 2009 (S.I. 2009/571), art. 1(1), Sch. 1 para. 22

[^key-aedc71227ef55a8fc65592866953fa4d]: Words in s. 17(6)(a) substituted (26.3.2015) by Finance Act 2015 (c. 11), s. 61(3)

[^key-b0734c4a82bc5940b9f708cf1295bca4]: Word in s. 95(1)(2) and heading omitted (with effect in accordance with s. 50(2) of the amending Act) by virtue of Finance Act 2019 (c. 1), s. 50(1)(a)

[^key-b21a08c15f2828850ac6e487329c1f96]: Words in s. 44(a) substituted (with effect in accordance with s. 18(4) of the amending Act) by Scotland Act 2016 (c. 11), s. 72(3), Sch. 1 para. 8

[^key-b2323d952f2bd1be7e5c115bb5814a2a]: Sch. 22 repealed (with effect in accordance with s. 1329(1) of the amending Act) by Corporation Tax Act 2009 (c. 4), s. 1329(1), Sch. 1 para. 525, Sch. 3 Pt. 1 (with Sch. 2 Pts. 1, 2)

[^key-b3ace38fa530a249a2b8f83b09b3d2a4]: Word in s. 42(1) substituted (1.4.2009) by The Transfer of Tribunal Functions and Revenue and Customs Appeals Order 2009 (S.I. 2009/56), art. 1(2), Sch. 1 para. 306(2)(a) (with Sch. 3 paras. 2-4)

[^key-b473f8e33bfcaf282c4ecbb65e7f9b09]: Sch. 2 para. 6 repealed (7.4.2005) by Finance Act 2005 (c. 7), Sch. 11 Pt. 1

[^key-b56f65470c442e3b6b8c351901faf78a]: Sch. 27 para. 4 omitted (with effect in accordance with Sch. 14 para. 31 of the amending Act) by virtue of Finance Act 2009 (c. 10), Sch. 14 para. 30(c)

[^key-b68827b2da7e89a6a520cc981f2541bf]: Word in Sch. 7 para. 12(1)(a) inserted (21.7.2008) by Finance Act 2008 (c. 9), Sch. 44 para. 9(a)

[^key-b6ba763bf8417400d94f690ea7f352de]: Words in Sch. 8 para. 11(3)(a) inserted (15.9.2003) by The Enterprise Act 2002 (Insolvency) Order 2003 (S.I. 2003/2096), art. 1(1), Sch. para. 37(b)(ii) (with art. 6)

[^key-b879cec3e7dc2c6796665d40dad1eee3]: Words in Sch. 15 para. 40(2) repealed (with effect in accordance with s. 1034(1)(3) of the amending Act) by Income Tax Act 2007 (c. 3), s. 1034(1), Sch. 3 Pt. 2 (with Sch. 2)

[^key-b9a1b0e195213b17f46e3c7b085a71c3]: Sch. 27 para. 2 repealed (with effect in accordance with s. 381(1) of the amending Act) by Taxation (International and Other Provisions) Act 2010 (c. 8), s. 381(1), Sch. 10 Pt. 1 (with Sch. 9 paras. 1-9, 22)

[^key-b9e580f6d6c25af3c7a71912cfb181f6]: S. 30A(2) substituted (19.7.2011) by Finance Act 2011 (c. 11), s. 81(2)

[^key-b9f4035a85f04b605a473d43644257c4]: Words in Sch. 6 para. 3(4) substituted (E.W.) (12.3.2015) by The Legal Aid, Sentencing and Punishment of Offenders Act 2012 (Fines on Summary Conviction) Regulations 2015 (S.I. 2015/664), reg. 1(1), Sch. 2 para. 12(3)(f) (with reg. 5(1))

[^key-bb7e23c29c84f224decff78dbc2dad72]: Words in s. 42(2)(b) inserted (1.4.2009) by The Transfer of Tribunal Functions and Revenue and Customs Appeals Order 2009 (S.I. 2009/56), art. 1(2), Sch. 1 para. 306(3)(b)(ii) (with Sch. 3 paras. 2-4)

[^key-be596851e3c8d13d3399a27c5809dfda]: Words in s. 64(2) repealed (with effect in accordance with s. 1034(1) of the amending Act) by Income Tax Act 2007 (c. 3), s. 1034(1), Sch. 3 Pt. 1 (with Sch. 2)

[^key-bf0589da7d791ccd0bfa7af9e8d18566]: S. 2(1) omitted (retrospective to 1.4.2008) by virtue of Finance Act 2008 (c. 9), s. 13(11)(d)(12)

[^key-bfaa0138346ce118b0e34195dfa013b5]: S. 100(2) repealed (31.12.2020) by Taxation (Cross-border Trade) Act 2018 (c. 22), s. 57(3), Sch. 8 para. 132(c) (with savings and transitional provisions in S.I. 2019/105 (as amended by S.I. 2020/1495, regs. 1(2), 21), S.I. 2020/1545, Pt. 4 and 2020 c. 26, Sch. 2 para. 7(7)-(9)); S.I. 2020/1642, reg. 4(b) (with reg. 7)

[^key-c41e85037c738f36aa444414e12988e8]: Word in Sch. 5 para. 19(4)(a) substituted (30.11.2016) by The Bankruptcy (Scotland) Act 2016 (Consequential Provisions and Modifications) Order 2016 (S.I. 2016/1034), art. 1, Sch. 1 para. 24(3)

[^key-c778b514cddd8a592cc3defa8d4b5c59]: Words in s. 17(3)(f) omitted (retrospective to 1.4.2014) by virtue of Finance (No. 2) Act 2015 (c. 33), s. 48(4)(b)(6)

[^key-c87239997f52ee0c6307561e4def2ccb]: Words in s. 37(9)(a) substituted (15.9.2003) by The Enterprise Act 2002 (Insolvency) Order 2003 (S.I. 2003/2096), art. 1(1), Sch. para. 36(b) (with art. 6)

[^key-c90b52214fb0e5c575c0a2364f762eb0]: S. 18(1)(a) saving for effect of 2014 c. 26, s. 94 (18.11.2015) by Finance (No. 2) Act 2015 (c. 33), s. 48(1)

[^key-c95b7b816d41dba073814c623212f3d2]: Words in s. 20(1)(a) substituted (with effect in accordance with s. 18(4) of the amending Act) by Scotland Act 2016 (c. 11), s. 72(3), Sch. 1 para. 4

[^key-ca484299113c838a711b8baaef13e224]: S. 40G(4) substituted (1.6.2014) by The Revenue and Customs (Amendment of Appeal Provisions for Out of Time Reviews) Order 2014 (S.I. 2014/1264), arts. 1(2), 7 (with art. 1(3))

[^key-cbcef1543e84147957cd1a9485a80bed]: S. 82 omitted (with effect in accordance with Sch. 16 para. 6 of the amending Act) by virtue of Finance Act 2009 (c. 10), Sch. 16 para. 5(g) (with Sch. 16 paras. 7, 8)

[^key-cd7d506b10852f1a5cd4f6e2155324c3]: S. 50 repealed (with effect in accordance with s. 1034(1) of the amending Act) by Income Tax Act 2007 (c. 3), s. 1034(1), Sch. 3 Pt. 1 (with Sch. 2)

[^key-cdc4fc8ce1c9c1da1341b11476bbbcce]: Words in Sch. 6 para. 4(3) substituted (E.W.) (12.3.2015) by The Legal Aid, Sentencing and Punishment of Offenders Act 2012 (Fines on Summary Conviction) Regulations 2015 (S.I. 2015/664), reg. 1(1), Sch. 2 para. 12(3)(h) (with reg. 5(1))

[^key-cdd3fbedf4fd6eb6591be5763ce9bf16]: Sch. 29 para. 27 omitted (1.4.2009) by virtue of The Transfer of Tribunal Functions and Revenue and Customs Appeals Order 2009 (S.I. 2009/56), art. 1(2), Sch. 1 para. 311

[^key-ce07b9af3f42bd180ac411bfdfeb6c84]: Sch. 3 para. 14(4) substituted (1.4.2009) by The Transfer of Tribunal Functions and Revenue and Customs Appeals Order 2009 (S.I. 2009/56), art. 1(2), Sch. 1 para. 308 (with Sch. 3 para. 9(2)(g))

[^key-ce455d3826dc8d53088cd1fd7f1f3c9b]: S. 81 repealed (31.1.2013) by Statute Law (Repeals) Act 2013 (c. 2), s. 3(2), Sch. 1 Pt. 10 Group 1

[^key-cf634ce32b392ca4ecd136fcd61b7e56]: Sch. 13 repealed (with effect in accordance with s. 723(1)(a)(b) of the amending Act) by Income Tax (Earnings and Pensions) Act 2003 (c. 1), s. 723, Sch. 8 Pt. 1 (with Sch. 7)

[^key-d00a25e23f38dca7bd2be9e1064f0c61]: Words in s. 42(1)(a) omitted (1.4.2009) by virtue of The Transfer of Tribunal Functions and Revenue and Customs Appeals Order 2009 (S.I. 2009/56), art. 1(2), Sch. 1 para. 306(2)(b) (with Sch. 3 paras. 2-4)

[^key-d1056bc2069071502a1bb14162a2ad55]: Sch. 6 paras. 7-9 omitted (1.4.2009) by virtue of Finance Act 2008 (c. 9), s. 122(2), Sch. 40 para. 21(i); S.I. 2009/571, art. 2 (with art. 6)

[^key-d2e2c4068d578ba971a38586b949e0a2]: Sch. 15 Pt. 1 repealed (with effect in accordance with s. 1034(1)(3) of the amending Act) by Income Tax Act 2007 (c. 3), s. 1034(1), Sch. 3 Pt. 2 (with Sch. 2)

[^key-d3ea4a81e495071d7bc201c20b080f81]: Words in s. 26(3) substituted (with effect in accordance with s. 18(4) of the amending Act) by Scotland Act 2016 (c. 11), s. 72(3), Sch. 1 para. 6

[^key-d3fd1f0478124e8054e4836a5b9fd9e9]: Words in s. 16(2) substituted (with effect in accordance with s. 18(4) of the amending Act) by Scotland Act 2016 (c. 11), ss. 18(3), 72(3)

[^key-d4af11087a70496e71f7eee5876fba84]: Sch. 7 para. 3 omitted (1.4.2010) by virtue of Finance Act 2009 (c. 10), s. 98(2), Sch. 50 para. 17; S.I. 2010/815, art. 2

[^key-d55d4ae2371c7c0ed6714500267a8eea]: S. 41(1) omitted (1.4.2009) by virtue of The Transfer of Tribunal Functions and Revenue and Customs Appeals Order 2009 (S.I. 2009/56), art. 1(2), Sch. 1 para. 305(3) (with Sch. 3 paras. 2-4)

[^key-d55e42ca27bd0fc1dbbb95b867243725]: Words in Sch. 10 para. 4(3)(a) substituted (1.4.2010) by Finance Act 2009 (c. 10), s. 99(2), Sch. 51 para. 31(4)(a); S.I. 2010/867, art. 2(1) (with art. 15)

[^key-d5fd67b85ce9401b2121ae7491da4159]: Sch. 29 para. 36 repealed (with effect in accordance with Sch. 11 Pt. 2(11) Note of the amending Act) by Finance (No. 2) Act 2005 (c. 22), Sch. 11 Pt. 2(11)

[^key-d730cffb56fe834b6b4141d98eac68d9]: Sch. 29 para. 21 omitted (1.4.2009) by virtue of Finance Act 2008 (c. 9), s. 113(2), Sch. 36 para. 92(h) (with Sch. 36 para. 38); S.I. 2009/404, art. 2 (with art. 12)

[^key-d92b062e370900e9802a247befc528fb]: S. 51 repealed (with effect in accordance with s. 1034(1) of the amending Act) by Income Tax Act 2007 (c. 3), s. 1034(1), Sch. 3 Pt. 1 (with Sch. 2)

[^key-d993eb54655ced3e841078751144a63a]: S. 77 omitted (with effect in accordance with Sch. 12 para. 5 of the amending Act) by virtue of Finance Act 2009 (c. 10), Sch. 12 para. 4(b)

[^key-da0c69f843cda174c1260b61f870fe0d]: S. 41(2) substituted (1.4.2009) by The Transfer of Tribunal Functions and Revenue and Customs Appeals Order 2009 (S.I. 2009/56), art. 1(2), Sch. 1 para. 305(4) (with Sch. 3 paras. 2-4)

[^key-dbf835a69bba6ec812d9fb170d3fcaf6]: Word in Sch. 8 para. 11(2)(i) substituted (30.11.2016) by The Bankruptcy (Scotland) Act 2016 (Consequential Provisions and Modifications) Order 2016 (S.I. 2016/1034), art. 1, Sch. 1 para. 24(4)(a)

[^key-df6544477b23dfc995ba0a6ab1a2dd0f]: S. 17(3)(d) omitted (in relation to aggregate won on or after 1.10.2023) by virtue of Finance (No. 2) Act 2023 (c. 30), s. 330(2)(a)(i)(5)

[^key-dfbf2f1474aee602ca30477834043611]: S. 42(7) substituted (1.4.2009) by The Transfer of Tribunal Functions and Revenue and Customs Appeals Order 2009 (S.I. 2009/56), art. 1(2), Sch. 1 para. 306(9) (with Sch. 3 paras. 2-4)

[^key-dfc4cb38d67be5d0f6ca737c2f8b47ad]: Sch. 23 para. 2 repealed (with effect in accordance with s. 42 of the amending Act) by Finance Act 2004 (c. 12), Sch. 42 Pt. 2(3)

[^key-e19adf9b77c67fbc263b1c871f124043]: S. 67 repealed (with effect in accordance with Sch. 39 para. 40 of the amending Act) by Finance Act 2012 (c. 14), Sch. 39 para. 39(a) (with Sch. 39 paras. 41, 42)

[^key-e2858b82fe5c5d7d0c73865b51c7767a]: Sch. 27 para. 6 repealed (with effect in accordance with s. 381(1) of the amending Act) by Taxation (International and Other Provisions) Act 2010 (c. 8), s. 381(1), Sch. 10 Pt. 1 (with Sch. 9 paras. 1-9, 22)

[^key-e4c88b9be25e2fcb61a278fdf19f7ae8]: Words in s. 40(1)(l) substituted (1.4.2009) by The Transfer of Tribunal Functions and Revenue and Customs Appeals Order 2009 (S.I. 2009/56), art. 1(2), Sch. 1 para. 303(3)(c) (with Sch. 3 paras. 2-4)

[^key-e4db9bcf108267f2f3a4bfbd8a57cee8]: Sch. 8 para. 11(2)(e)(i) omitted (1.10.2015) by virtue of Deregulation Act 2015 (c. 20), s. 115(7), Sch. 6 para. 2(15)(b) (with Sch. 6 para. 3); S.I. 2015/1732, art. 2(e)(i)

[^key-e4fd26efa7d6efc70a6467a431546e51]: Sch. 21 para. 6 omitted (with effect in accordance with Sch. 27 para. 30(1) of the amending Act) by virtue of Finance Act 2008 (c. 9), Sch. 27 para. 23(3)

[^key-e551035b462e5380f0eb82b9df7d6adf]: Sch. 7 para. 6 omitted (1.4.2010) by virtue of The Finance Act 2009, Section 96 and Schedule 48 (Appointed Day, Savings and Consequential Amendments) Order 2009 (S.I. 2009/3054), art. 1, Sch. para. 9

[^key-e650760b668632b09ecf234fc9d5925c]: Sch. 24 para. 4 repealed (with effect in accordance with s. 1034(1) of the amending Act) by Income Tax Act 2007 (c. 3), s. 1034(1), Sch. 3 Pt. 1 (with Sch. 2)

[^key-e83bebdf839b8121bf443c5e7c6e80cb]: Sch. 23 para. 1 repealed (with effect in accordance with s. 1329(1) of the amending Act) by Corporation Tax Act 2009 (c. 4), s. 1329(1), Sch. 3 Pt. 1 (with Sch. 2 Pts. 1, 2)

[^key-e85357cef1dcabed20a7329bffbe1ad5]: Sch. 24 Pt. 1 repealed (6.4.2005) by Income Tax (Trading and Other Income) Act 2005 (c. 5), s. 883(1), Sch. 3 (with Sch. 2)

[^key-e8594aace726ec690d568335231015f4]: Word in s. 42(3) substituted (1.4.2009) by The Transfer of Tribunal Functions and Revenue and Customs Appeals Order 2009 (S.I. 2009/56), art. 1(2), Sch. 1 para. 306(4) (with Sch. 3 paras. 2-4)

[^key-ea15aec1d06fcce29d2f9aa83f82e1b2]: S. 41(2A)(2B) inserted (1.4.2009) by The Transfer of Tribunal Functions and Revenue and Customs Appeals Order 2009 (S.I. 2009/56), art. 1(2), Sch. 1 para. 305(5) (with Sch. 3 paras. 2-4)

[^key-eb0b51f75407d0f714d32314a1e3b461]: S. 19(3B) inserted (in relation to aggregate won on or after 1.10.2023) by Finance (No. 2) Act 2023 (c. 30), s. 330(3)(b)(5)

[^key-ec9c8c1d9727b162a369e1ef66f2c195]: Words in s. 45(3) inserted (1.4.2009) by The Finance Act 2008, Schedule 40 (Appointed Day, Transitional Provisions and Consequential Amendments) Order 2009 (S.I. 2009/571), art. 1(1), Sch. 1 para. 23

[^key-ee6d4c741088a8d86fde6cc8366a37a4]: Words in Sch. 8 para. 2(10) substituted (1.4.2010) by Finance Act 2009 (c. 10), s. 99(2), Sch. 51 para. 30; S.I. 2010/867, art. 2(1) (with art. 9)

[^key-f06455d16f5c2841801deab734c80489]: Sch. 5 para. 4(3)(3A) substituted for Sch. 5 para. 4(3) (1.4.2010) by Finance Act 2009 (c. 10), s. 99(2), Sch. 51 para. 29(3); S.I. 2010/867, art. 2(1) (with art. 11)

[^key-f16f253d37534fd26efc87c4b01a38d6]: Sch. 19 repealed (with effect in accordance with Sch. 39 para. 40 of the amending Act) by Finance Act 2012 (c. 14), Sch. 39 para. 39(a) (with Sch. 39 paras. 41, 42)

[^key-f1c493100401ebf0c106d61da599dfb7]: Words in s. 24(6)(e) substituted (with effect in accordance with s. 18(4) of the amending Act) by Scotland Act 2016 (c. 11), s. 72(3), Sch. 1 para. 5(3)

[^key-f20d44f528af1718231437f7eb8eadde]: Word in Sch. 9 para. 8(2)(b) substituted (1.10.2009) by The Companies Act 2006 (Consequential Amendments) (Taxes and National Insurance) Order 2009 (S.I. 2009/1890), arts. 1(1), 4(1)(e)

[^key-f2cb41ada1d0dead2c515034ae03d124]: S. 83(2) omitted (with effect in accordance with Sch. 14 para. 18 of the amending Act) by virtue of Finance Act 2008 (c. 9), Sch. 14 para. 17(j)

[^key-f40180e0a3aa37b1d291817ff106ef90]: Word in s. 17(3)(f) inserted (retrospective to 1.4.2014) by Finance (No. 2) Act 2015 (c. 33), s. 48(4)(a)(6)

[^key-f5a18ca781dcae1ff5cf0d515452feed]: Sch. 10 para. 1(5)(a) substituted (30.11.2016) by The Bankruptcy (Scotland) Act 2016 (Consequential Provisions and Modifications) Order 2016 (S.I. 2016/1034), art. 1, Sch. 1 para. 24(5)

[^key-f7b6fadb14f17960c0d1bb1c632c830a]: Words in Sch. 5 para. 4(4)(a) substituted (1.4.2010) by Finance Act 2009 (c. 10), s. 99(2), Sch. 51 para. 29(4)(a); S.I. 2010/867, art. 2(1) (with art. 12)

[^key-f95aba87888d081904c6178f6a5ca12e]: Sch. 5 para. 15(5) substituted (6.4.2014) by Tribunals, Courts and Enforcement Act 2007 (c. 15), s. 148, Sch. 13 para. 141 (with s. 89); S.I. 2014/768, art. 2(1)(b)

[^key-f9c3698e24de80291819893e06b4b39c]: S. 86 repealed (with effect in accordance with s. 1184(1) of the amending Act) by Corporation Tax Act 2010 (c. 4), s. 1184(1), Sch. 3 Pt. 1 (with Sch. 2)

[^key-f9d8088ed78b75ad365cbe85c376246e]: Words in Sch. 4 para. 8(2) substituted (with effect in accordance with s. 18(4) of the amending Act) by Scotland Act 2016 (c. 11), s. 72(3), Sch. 1 para. 10

[^key-fe4893d8d8d6648eeeb8c7b4da5470d3]: Sch. 27 para. 1 repealed (with effect in accordance with s. 381(1) of the amending Act) by Taxation (International and Other Provisions) Act 2010 (c. 8), s. 381(1), Sch. 10 Pt. 1 (with Sch. 9 paras. 1-9, 22)

[^key-ff51be8542a8063b373b0000c67ec5d6]: Word in s. 37(7)(k) substituted (30.11.2016) by The Bankruptcy (Scotland) Act 2016 (Consequential Provisions and Modifications) Order 2016 (S.I. 2016/1034), art. 1, Sch. 1 para. 24(2)

[^M_C_38315a17-a883-4543-c220-d995715d779b]: S. 22(1)(c)-(ce) saving for effect of 2014 c. 26, s. 94 (18.11.2015) by Finance (No. 2) Act 2015 (c. 33), s. 48(1)

[^M_C_fd107e9f-8019-4f1e-b504-c078bf62c382]: S. 18(2)(d)(e) saving for effect of 2014 c. 26, s. 94 (18.11.2015) by Finance (No. 2) Act 2015 (c. 33), s. 48(1)

[^M_F_300f577e-7b4b-49ff-8781-c14def3c7916]: Sch. 30 repealed (with effect in accordance with Sch. 39 para. 10(1) of the amending Act) by Finance Act 2012 (c. 14), Sch. 39 para. 7(1) (with Sch. 39 paras. 7(3), 11-13)

[^M_F_7a7c6460-9af1-4678-dce0-79aa3606646c]: Words in s. 17(4)(d) omitted (retrospective to 1.4.2002) by 2002 c. 23, s. 132, Sch. 38 para. 3(4)(b)

[^key-216f6464803682f3582f449f3be3dfe6]: Word in Sch. 6 para. 1(3)(b) substituted (22.2.2024) by Finance Act 2024 (c. 3), s. 32(1) (with s. 32(6))

[^key-3547ffd79b09c0208e2e19b09d5d44c1]: Word in Sch. 6 para. 2(3)(b) substituted (22.2.2024) by Finance Act 2024 (c. 3), s. 32(1) (with s. 32(6))

[^key-a8d2924ecaad1d86948044542e9ea726]: Word in Sch. 6 para. 3(3)(b) substituted (22.2.2024) by Finance Act 2024 (c. 3), s. 32(1) (with s. 32(6))

[^key-6412dab3986a7d49a91317c5083269b6]: Sum in s. 16(4) substituted (with effect in accordance with s. 77(2) of the amending Act) by Finance Act 2025 (c. 8), s. 77(1)

Adjustments of contracts

Notional transfers within a group

Charge and rates for 2001-02

Mileage allowances: nil liability notices

Double taxation relief

VAT: re-enactment of reduced-rate provisions

PRT: expenditure in certain gas-producing fields

Transfers within group etc

Trading funds

Interpretation

Trading funds

Duty paid in error

For sections 1 to 5 of the Betting and Gaming Duties Act 1981 (c. 63) (general betting duty: charge, rate and payment) substitute—

Value received by investor

Value received by persons other than the investor

Value received by persons other than the investor

Designated period

Certain receipts to be disregarded

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Information

Insignificant repayments disregarded

Insignificant repayments disregarded

Interpretation

Penalties in connection with returns etc.

Repayment of share capital

Ring fence trades: special allowance for pre-cessation abandonment expenditure

Value received by persons other than the investor

Ring fence trades: allowances for post-cessation expenditure

Ring fence trades: meaning of “abandonment expenditure”

Ring fence trades: special allowance for pre-cessation expenditure

Value received by other persons

Insignificant repayments disregarded

Insignificant repayments disregarded

Claim must be made in tax return

Assessment by Revenue treated as included in return

Enquiry into company tax return

Consequential amendments of other enactments

Effect of return on recovery proceedings

Commencement of Part 2

Method of charging gain to tax: multiple interests

Schedule applies where there has been a transfer to which Parts 2 and 3 of Schedule 17 to the Finance Act 1980 do not apply

Enquiry into partnership return

Enquiry into personal, trustee or partnership return

Enquiry into company tax return

Claim must be made in tax return

Computation of profits of insurance companies

Effect of return on recovery proceedings

Value Added Tax Act 1994 (c.23)

Meaning of “material interest”

Consequential amendments of other enactments

Introductory

Interpretation

Introductory

Life policies: computation of gain

Restriction of relief for underlying tax

Apportionment of consideration for stamp duty purposes

Life annuity contracts: chargeable events

Life annuity contracts: computation of gain

Life annuity contracts: computation of gain

The value of a part or share assigned

The value of a part or share assigned

Value Added Tax Act 1994 (c.23)

The value of a part or share assigned

The value of a part or share assigned

Enquiry into partnership return

Effect of return on recovery proceedings

Enquiry into company tax return

Stamp duty reduced for land partly in a disadvantaged area

Value Added Tax Act 1994 (c.23)

Finance Act 2000 (c.17)

These repeals shall be deemed to have come into force in accordance with section 2(5) of this Act.

Introductory

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Value received by other persons

Insignificant repayments disregarded

Interpretation

Ring fence trades: special allowance for pre-cessation expenditure

Ring fence trades: allowances for post-cessation expenditure

Effect of partnership changes

Recovery of excessive tax credit

Enquiry into personal, trustee or partnership return

Consequential amendments of other enactments

Enquiry into personal, trustee or partnership return

Effect of return on recovery proceedings

Assignments etc involving co-ownership

Finance Act 2000 (c.17)

Consequential amendments of other enactments

Due date for payment after amendment or correction of return

Apportionment of consideration for stamp duty purposes

Companies which are qualifying companies

Consequential amendments of other enactments

Restriction of relief for underlying tax

Finance Act 2000 (c.17)

Capital redemption policies: chargeable events

The value of a part or share assigned

Stamp duty reduced for land partly in a disadvantaged area

Capital redemption policies: chargeable events

Enquiry into company tax return

Due date for payment after amendment or correction of return

Effect of return on recovery proceedings

Due date for payment after amendment or correction of return

Schedule applies where there has been a transfer to which Parts 2 and 3 of Schedule 17 to the Finance Act 1980 do not apply

Consequential amendments of other enactments

Apportionment of consideration for stamp duty purposes

Finance Act 2000 (c.17)

Schedule applies where there has been a transfer to which Parts 2 and 3 of Schedule 17 to the Finance Act 1980 do not apply

These repeals have effect in accordance with section 6(2) of this Act.

Due date for payment after amendment or correction of return

Apportionment of consideration for stamp duty purposes

Value Added Tax Act 1994 (c.23)

Schedule applies where there has been a transfer to which Parts 2 and 3 of Schedule 17 to the Finance Act 1980 do not apply

These repeals have effect in accordance with section 6(2) of this Act.

Notional transfers within a group

Starting rate limit for 2001-02

Stamp duty: exemption for land in disadvantaged areas

SDRT: open-ended investment companies and individual pension accounts

Trading funds

Repeals and revocations

PRT: expenditure in certain gas-producing fields

For sections 1 to 5 of the Betting and Gaming Duties Act 1981 (c. 63) (general betting duty: charge, rate and payment) substitute—

Notification of registrability etc.

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Trustees: anti-avoidance

Insignificant repayments disregarded

Insignificant repayments disregarded

Claims

Ring fence trades: special allowance for pre-cessation abandonment expenditure

Writing-down allowances: infrastructure from UK or non-UK oil fields

Ring fence trades: special allowance for pre-cessation expenditure

Meaning of “sale and finance leaseback”

Introductory

Consequential amendments of other enactments

Dividends that give rise to eligible unrelieved foreign tax

Due date for payment after amendment or correction of return

Value Added Tax Act 1994 (c.23)

Finance Act 2000 (c.17)

Assessment by Revenue treated as included in return

Enquiry into personal, trustee or partnership return

Due date for payment after amendment or correction of return

Other amendments of the Taxes Management Act 1970

Consequential amendments of other enactments

Enquiry into personal, trustee or partnership return

Other amendments of the Taxes Management Act 1970

Stamp duty reduced for land partly in a disadvantaged area

Value Added Tax Act 1994 (c.23)

Finance Act 2000 (c.17)

These repeals shall be deemed to have come into force in accordance with section 2(5) of this Act.

Value received by investor

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Penalties in connection with returns etc.

Value received by other persons

Receipt of replacement value

Information

Introductory

Income tax relief: repayment supplements

Friendly societies: exclusion of exemptions from tax

Consequential amendments of other enactments

Value Added Tax Act 1994 (c.23)

Finance Act 2000 (c.17)

Information: duty of insurers

Enquiry into partnership return

Claims relating to remediation of contaminated land

Restriction of relief for underlying tax

Restriction of relief for underlying tax

Schedule applies where there has been a transfer to which Parts 2 and 3 of Schedule 17 to the Finance Act 1980 do not apply

Non-resident policies and off-shore capital redemption policies

Stamp duty reduced for land partly in a disadvantaged area

Value Added Tax Act 1994 (c.23)

These repeals shall be deemed to have come into force in accordance with section 2(5) of this Act.

Value Added Tax Act 1994 (c.23)

These repeals shall be deemed to have come into force in accordance with section 2(5) of this Act.

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Receipt of replacement value

Penalties in connection with returns etc.

Information

Commencement

Claims relating to remediation of contaminated land

Ring fence trades: allowances for post-cessation expenditure

Other amendments of the Taxes Management Act 1970

Consequential amendments of other enactments

Recovery of excessive tax credit

Conditions for assets other than shares to qualify as business assets

Stamp duty reduced for land partly in a disadvantaged area

Consequential amendments of other enactments

Value Added Tax Act 1994 (c.23)

Schedule applies where there has been a transfer to which Parts 2 and 3 of Schedule 17 to the Finance Act 1980 do not apply

These repeals have effect in accordance with section 6(2) of this Act.

Notional transfers within a group

VAT representatives

Interpretation

For sections 1 to 5 of the Betting and Gaming Duties Act 1981 (c. 63) (general betting duty: charge, rate and payment) substitute—

Duty paid in error

Value received by investor

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Penalties in connection with returns etc.

Claims

Ring fence trades: special allowance for pre-cessation expenditure

Other amendments of the Taxes Management Act 1970

Commencement of Part 2

Life policies: computation of gain

Other amendments of the Taxes Management Act 1970

Assignments etc involving co-ownership

Consequential amendments of other enactments

Value Added Tax Act 1994 (c.23)

Finance Act 2000 (c.17)

These repeals shall be deemed to have come into force in accordance with section 2(5) of this Act.

Review by HMRC

Review by HMRC

Starting rate limit for 2001-02

Transfers within group etc

Interest on unpaid tax, etc.: foot-and-mouth disease

.

General

Disclosure of information

Introductory

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Interpretation

Writing-down allowances: infrastructure from UK or non-UK oil fields

Enterprise zones

Meaning of “sale and finance leaseback”

Ring fence trades: special allowance for pre-cessation expenditure

Power to amend or correct personal or trustee return

Due date for payment after amendment or correction of return

Meaning of “investment LLP” and “property investment LLP”

Consequential amendments of other enactments

Due date for payment after amendment or correction of return

Claims relating to remediation of contaminated land

Effect of return on recovery proceedings

Value Added Tax Act 1994 (c.23)

Introductory

Value Added Tax Act 1994 (c.23)

Value Added Tax Act 1994 (c.23)

Enquiry into company tax return

Apportionment of consideration for stamp duty purposes

Schedule applies where there has been a transfer to which Parts 2 and 3 of Schedule 17 to the Finance Act 1980 do not apply

These repeals have effect in accordance with section 6(2) of this Act.

Certain receipts to be disregarded

Information

Thermal insulation of industrial buildings

Recovery of excessive tax credit

Procedure on completion of enquiry into personal or trustee return

Due date for payment after amendment or correction of return

Qualifying land remediation expenditure

Claim must be made in tax return

Power to amend or correct personal or trustee return

Underlying tax excluded from claim not to be allowed under section 811

Life annuity contracts: chargeable events

Value Added Tax Act 1994 (c.23)

Schedule applies where there has been a transfer to which Parts 2 and 3 of Schedule 17 to the Finance Act 1980 do not apply

Operators of sites

Review out of time

Nature of review etc

Mileage allowances: exemptions and relief

Payments to employers out of pension funds

Notional transfers within a group

Restriction of exemption in the case of residential property etc

Restriction of exemption in the case of residential property etc

Life policies, life annuity contracts and capital redemption policies

VAT: re-enactment of reduced-rate provisions

Climate change levy

Trading funds

Repeals and revocations

.

Value received by investor

Value received by persons other than the investor

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Value received by persons other than the investor

Information

Interpretation

Thermal insulation of industrial buildings

Effect of partnership changes

Meaning of “investment LLP” and “property investment LLP”

Power to amend or correct personal or trustee return

Other amendments of the Taxes Management Act 1970

Fixtures: purchasers of land and incoming lessees

Exclusion of relief on loans to buy into investment LLP

Interpretation

Restriction of relief for underlying tax

Restriction of relief for underlying tax

Other amendments of the Taxes Management Act 1970

Due date for payment after amendment or correction of return

Schedule applies where there has been a transfer to which Parts 2 and 3 of Schedule 17 to the Finance Act 1980 do not apply

Finance Act 2000 (c.17)

Due date for payment after amendment or correction of return

Value Added Tax Act 1994 (c.23)

Consequential amendments of other enactments

These repeals have effect in accordance with section 6(2) of this Act.

Ring fence trades: allowances for post-cessation expenditure

Ring fence trades: meaning of “abandonment expenditure”

Recovery of excessive tax credit

Exclusion of relief on loans to buy into investment LLP

Enquiry into personal, trustee or partnership return

Effect of return on recovery proceedings

Enquiry into partnership return

Procedure on completion of enquiry into personal or trustee return

Other amendments of the Taxes Management Act 1970

These repeals shall be deemed to have come into force in accordance with section 2(5) of this Act.

Review by HMRC

Exemption for works bus services: extension to minibuses

Controlled foreign companies: acceptable distribution policy

Value received by persons other than the investor

Penalties in connection with returns etc.

Trustees: anti-avoidance

Consequential amendments of other enactments

Consequential amendments of other enactments

Effect of return on recovery proceedings

These repeals have effect in accordance with section 6(2) of this Act.

40A

• (1) HMRC must offer a person (P) a review of a decision that has been notified to P if an appeal lies under section 40 in respect of the decision.

• (2) The offer of the review must be made by notice given to P at the same time as the decision is notified to P.

• (3) This section does not apply to the notification of the conclusions of a review.

40B

• (1) Any person (other than P) who has the right of appeal under section 40 against a decision may require HMRC to review that decision if that person has not appealed to the appeal tribunal under section 40G.

• (2) A notification that such a person requires a review must be made within 30 days of that person becoming aware of the decision.

40C

• (1) HMRC must review a decision if—

• (a) they have offered a review of the decision under section 40A, and

• (b) P notifies HMRC accepting the offer within 30 days from the date of the document containing the notification of the offer.

• (2) But P may not notify acceptance of the offer if P has already appealed to the appeal tribunal under section 40G.

• (3) HMRC must review a decision if a person other than P notifies them under section 40B.

• (4) HMRC shall not review a decision if P, or another person, has appealed to the appeal tribunal under section 40G in respect of the decision.

40D

• (1) If under section 40A, HMRC have offered P a review of a decision, HMRC may within the relevant period notify P that the relevant period is extended.

• (2) If under section 40B another person may require HMRC to review a matter, HMRC may within the relevant period notify the other person that the relevant period is extended.

• (3) If notice is given the relevant period is extended to the end of 30 days from—

• (a) the date of the notice, or

• (b) any other date set out in the notice or a further notice.

• (4) In this section “relevant period” means—

• (a) the period of 30 days referred to in—

• (i) section 40C(1)(b) (in a case falling within subsection (1)), or

• (ii) section 40B(2) (in a case falling within subsection (2)), or

• (b) if notice has been given under subsection (1) or (2), that period as extended (or as most recently extended) in accordance with subsection (3).

40E

• (1) This section applies if—

• (a) HMRC have offered a review of a decision under section 40A and P does not accept the offer within the time allowed under section 40C(1)(b) or 40D(3); or

• (b) a person who requires a review under section 40B does not notify HMRC within the time allowed under that section or section 40D(3).

• (2) HMRC must review the decision under section 40C if—

• (a) after the time allowed, P, or the other person, notifies HMRC in writing requesting a review out of time,

• (b) HMRC are satisfied that P, or the other person, had a reasonable excuse for not accepting the offer or requiring review within the time allowed, and

• (c) HMRC are satisfied that P, or the other person, made the request without unreasonable delay after the excuse had ceased to apply.

• (3) HMRC shall not review a decision if P, or another person, has appealed to the appeal tribunal under section 40G in respect of the decision.

40F

• (1) This section applies if HMRC are required to undertake a review under section 40C or 40E.

• (2) The nature and extent of the review are to be such as appear appropriate to HMRC in the circumstances.

• (3) For the purpose of subsection (2), HMRC must, in particular, have regard to steps taken before the beginning of the review—

• (a) by HMRC in reaching the decision, and

• (b) by any person in seeking to resolve disagreement about the decision.

• (4) The review must take account of any representations made by P, or the other person, at a stage which gives HMRC a reasonable opportunity to consider them.

• (5) The review may conclude that the decision is to be—

• (a) upheld,

• (b) varied, or

• (c) cancelled.

• (6) HMRC must give P, or the other person, notice of the conclusions of the review and their reasoning within—

• (a) a period of 45 days beginning with the relevant date, or

• (b) such other period as HMRC and P, or the other person, may agree.

• (7) In subsection (6) “relevant date” means—

• (a) the date HMRC received P’s notification accepting the offer of a review (in a case falling within section 40A), or

• (b) the date HMRC received notification from another person requiring review (in a case falling within section 40B), or

• (c) the date on which HMRC decided to undertake the review (in a case falling within section 40E).

• (8) Where HMRC are required to undertake a review but do not give notice of the conclusions within the time period specified in subsection (6), the review is to be treated as having concluded that the decision is upheld.

• (9) If subsection (8) applies, HMRC must notify P or the other person of the conclusion which the review is treated as having reached.

40G

• (1) An appeal under section 40 is to be made to the appeal tribunal before—

• (a) the end of the period of 30 days beginning with—

• (i) in a case where P is the appellant, the date of the document notifying the decision to which the appeal relates, or

• (ii) in a case where a person other than P is the appellant, the date that person becomes aware of the decision, or

• (b) if later, the end of the relevant period (within the meaning of section 40D).

• (2) But that is subject to subsections (3) to (5).