Finance (No. 3) Act 2010

(13A) (1) This paragraph applies where— (a) a participator has paid an amount by way of tax but believes that the tax was not due, or (b) a participator has been assessed as liable to pay an amount by way of tax but believes that the tax is not due. (2) The participator may make a claim to the Commissioners for Her Majesty's Revenue and Customs (“HMRC”) for repayment or discharge of the amount. (3) Paragraph 13B makes provision about cases in which HMRC are not liable to give effect to a claim under this paragraph. (4) Paragraphs 13C to 14I make further provision about making and giving effect to claims under this paragraph. (5) Paragraph 13F makes provision about the application of this paragraph and paragraphs 13B to 13E to amounts paid under contract settlements. (6) HMRC are not liable to give relief in respect of a case described in sub-paragraph (1)(a) or (b) except as provided— (a) by this Schedule (following a claim under this paragraph), or (b) by or under another provision of the Oil Taxation Acts. (7) For the purposes of this paragraph and paragraphs 13B to 13F, an amount paid by one person on behalf of another is treated as paid by the other person. (8) In this paragraph and paragraphs 13B to 13F, “the Oil Taxation Acts” means— (a) Parts 1 and 3 of this Act, (b) the Oil Taxation Act 1983, and (c) any other enactment relating to petroleum revenue tax. (13B) (1) HMRC are not liable to give effect to a claim under paragraph 13A if or to the extent that the claim falls within a case described in this paragraph. (2) Case A is where the amount paid, or liable to be paid, is excessive by reason of— (a) a mistake in a claim, election or notice or a nomination under Schedule 10 to FA 1987, or (b) a mistake consisting of making or giving, or failing to make or give, a claim, election or notice or a nomination under Schedule 10 to FA 1987. (3) Case B is where the participator— (a) has or could have sought relief by making a claim for expenditure to be allowed under section 3 or 4 (allowance of expenditure), or (b) is or will be able to seek relief by taking other steps under the Oil Taxation Acts. (4) Case C is where the participator— (a) could have sought relief by taking such steps within a period that has now expired, and (b) knew, or ought reasonably to have known, before the end of that period that such relief was available. (5) Case D is where the claim is made on grounds that— (a) have been put to a court or tribunal in the course of an appeal by the participator relating to the amount paid or liable to be paid, or (b) have been put to HMRC in the course of an appeal by the participator relating to that amount that is treated as having been determined by a tribunal (by virtue of paragraph 14(9) (settling of appeals by agreement)). (6) Case E is where the participator knew, or ought reasonably to have known, of the grounds for the claim before the latest of the following— (a) the date on which an appeal by the participator relating to the amount paid, or liable to be paid, in the course of which the ground could have been put forward (a “relevant appeal”) was determined by a court or tribunal (or is treated as having been so determined), (b) the date on which the participator withdrew a relevant appeal to a court or tribunal, and (c) the end of the period in which the participator was entitled to make a relevant appeal to a court or tribunal. (7) Case F is where the amount in question was paid or is liable to be paid— (a) in consequence of proceedings enforcing the payment of that amount brought against the participator by HMRC, or (b) in accordance with an agreement between the participator and HMRC settling such proceedings. (8) Case G is where— (a) the amount paid, or liable to be paid, is excessive by reason of a mistake in calculating the participator's liability to tax, and (b) liability was calculated in accordance with the practice generally prevailing at the time. (13C) (1) A claim under paragraph 13A may not be made more than 4 years after the end of the relevant chargeable period. (2) In relation to a claim made in reliance on paragraph 13A(1)(a), the relevant chargeable period is— (a) where the amount paid, or liable to be paid, is excessive by reason of a mistake in a return or returns under paragraph 2 or 5, the chargeable period to which the return (or, if more than one, the first return) relates, and (b) otherwise, the chargeable period in respect of which the amount was paid. (3) In relation to a claim made in reliance on paragraph 13A(1)(b), the relevant chargeable period is the chargeable period to which the assessment relates. (4) A claim under paragraph 13A must be in such form as the HMRC may prescribe. (13D) HMRC must— (a) make a decision on the claim, and (b) by notice inform the participator of their decision. (13E) (1) This paragraph applies where— (a) a claim is made under paragraph 13A, (b) the grounds for giving effect to the claim also provide grounds for making an assessment or determination under paragraph 10 or 12, or an amendment of such an assessment or determination, on the participator in respect of any accounting period, and (c) such an assessment, determination or amendment could be made but for the expiry of a time limit in paragraph 10(1A), 12(1A), 12A or 12B. (2) Where this paragraph applies— (a) the time limit does not apply, and (b) the assessment, determination or amendment is not out of time if it is made before the final determination of the claim. (3) A claim is not finally determined until it, or the amount to which it relates, can no longer be varied (whether on appeal or otherwise). (13F) (1) In paragraph 13A(1)(a) the reference to an amount paid by a participator by way of tax includes an amount paid by a person under a contract settlement in connection with tax believed to be due. (2) Sub-paragraphs (3) to (6) apply if the person who paid the amount under the contract settlement (“the payer”) and the person from whom the tax was due (“the taxpayer”) are not the same person. (3) In relation to a claim under paragraph 13A in respect of that amount— (a) the references to the participator in paragraph 13B(5) to (7) (Cases D, E and F) have effect as if they included the taxpayer, (b) the reference to the participator in paragraph 13B(8) (Case G) has effect as if it were a reference to the taxpayer, and (c) the reference to the participator in paragraph 13E(1)(b) has effect as if it were a reference to the taxpayer. (4) Sub-paragraph (5) applies where the grounds for giving effect to a claim by the payer in respect of the amount also provide grounds for making an assessment or determination under paragraph 10 or 12, or an amendment of such an assessment or determination, on the taxpayer in respect of any chargeable period. (5) HMRC may set any amount repayable to the payer by virtue of the claim against any amount payable by the taxpayer by virtue of the assessment, determination or amendment. (6) The obligations of HMRC and the taxpayer are discharged to the extent of any set-off under sub-paragraph (5). (7) “Contract settlement” means an agreement made in connection with any person's liability to make a payment to HMRC under or by virtue of an enactment.

11

• (1) Paragraph 14 (appeals) is amended as follows.

• (2) After sub-paragraph (1) insert—

(1A) A participator who has made a claim under paragraph 13A may appeal from the decision on the claim by notice in writing given to HMRC within 30 days after the date of issue of the notice of the decision.

• (3) In sub-paragraph (9) for “section 33 of the Taxes Management Act 1970 as applied by paragraph 1 above” substitute “ paragraph 13A ”.

• (4) In sub-paragraph (10) for “the appeal that” substitute “ an appeal under sub-paragraph (1) ”.

• (5) After sub-paragraph (10) insert—

(10A) If an appeal under sub-paragraph (1A) is notified to the tribunal and it appears to the tribunal that the decision is wrong, the tribunal shall substitute such decision as may be required.

Consequential amendments

12

• (1) Schedule 24 to FA 2007 (penalties for errors) is amended as follows.

• (2) In the Table in paragraph 1, after the first entry relating to petroleum revenue tax insert—

Petroleum revenue tax	Statement or declaration in connection with a claim under paragraph 13A of Schedule 2 to the Oil Taxation Act 1975.

• (3) In paragraph 1(5), after “Oil Taxation Act 1975” insert “ or a statement or declaration under paragraph 13A of that Schedule ”.

13

In FA 2009—

• (a) in Schedule 51 (time limits for assessments, claims etc), omit paragraph 18(2), and

• (b) in Schedule 52 (recovery of overpaid tax etc), omit paragraph 11.

SCHEDULE 13

Part 1 — Record-keeping

1

• (1) Section 118A of CEMA 1979 (duty of revenue traders to keep records) is amended as follows.

• (2) In subsection (1)(b), for “require” substitute “ specify in writing (and different lesser periods may be specified for different cases) ”.

• (3) For subsection (3) substitute—

(3) A duty imposed by this section to preserve records may be discharged— (a) by preserving them in any form and by any means, or (b) by preserving the information contained in them in any form and by any means, subject to any conditions or exceptions specified in writing by the Commissioners.

• (4) Omit subsections (4) to (6).

2

In consequence of the amendment made by paragraph 1(4)—

• (a) in FA 1994, omit section 256(3), and

• (b) in the Criminal Procedure (Consequential Provisions) (Scotland) Act 1995, omit paragraph 18(2) of Schedule 4.

Part 2 — Time limits

Assessments

3

• (1) Section 12 of FA 1994 (assessments to excise duty) is amended as follows.

• (2) In subsections (4)(a) and (5), for “three years” substitute “ 4 years ”.

• (3) In subsection (5), for the words from “in the case” to the end substitute “ in any case falling within subsection (5A)(a) or (b) ”.

• (4) After subsection (5) insert—

(5A) The cases are— (a) a case involving a loss of duty of excise brought about deliberately by the person assessed (P) or by another person acting on P's behalf, and (b) a case in which P has participated in a transaction knowing that it was part of arrangements of any kind (whether or not legally enforceable) intended to bring about a loss of duty of excise.

• (5) After subsection (6) insert—

(6A) The reference in subsection (5A) to a loss of duty of excise brought about deliberately by P or another person includes a loss that arises as a result of— (a) a deliberate inaccuracy in a document given to Her Majesty's Revenue and Customs by that person, or (b) a deliberate failure by that person to comply with an obligation specified in the Table in paragraph 1 of Schedule 41 to the Finance Act 2008 with respect to that duty of excise.

• (6) Omit subsection (7).

• (7) The amendments made by this paragraph have effect in relation to the making of assessments under section 20AAB(4) of HODA 1979 as to the making of assessments under section 12(1) of FA 1994 (see section 20AAB(5) of HODA 1979).

4

In consequence of the amendment made by paragraph 3(6), omit paragraph 22 of Schedule 6 to the Serious Crime Act 2007.

5

• (1) Section 12A of FA 1994 (other assessments relating to excise duty matters) is amended as follows.

• (2) In subsections (4)(a) and (6), for “three years” substitute “ 4 years ”.

• (3) In subsection (6), for the words from “where the assessment” to the end substitute “ falling within section 12(5A)(a) or (b) ”.

• (4) After subsection (6) insert—

(7) For the purposes of subsection (6), a reference in section 12(5A) to a loss of duty of excise includes a loss caused by giving relief, allowing a rebate, conferring an entitlement to drawback or repaying an amount that ought not to have been given, allowed, conferred or repaid.

6

• (1) Schedule 4A to BGDA 1981 (unlicensed amusement machines) is amended as follows.

• (2) In paragraph 2(3)(a), for “three years” substitute “ 4 years ”.

• (3) In sub-paragraph (5) of paragraph 6—

• (a) for “three years” substitute “ 4 years ”, and

• (b) omit “or (7)”.

• (4) For sub-paragraph (6) of that paragraph substitute—

(6) This sub-paragraph applies where— (a) a loss of amusement machine licence duty is brought about deliberately by the responsible person or anyone acting on the responsible person's behalf (including a representative), or (b) the responsible person has participated in a transaction knowing that it was part of arrangements of any kind (whether or not legally enforceable) intended to bring about a loss of amusement machine licence duty.

• (5) Omit sub-paragraph (7) of that paragraph.

Claims

7

In section 137A(4) of CEMA 1979 (recovery of overpaid excise duty), for “three years” substitute “ 4 years ”.

8

In Schedule 3 to FA 2001 (excise duty: payments by Commissioners in case of error or delay), in each of the following provisions, for “three years” substitute “ 4 years ”

• (a) paragraph 7(1)(d),

• (b) paragraph 8(1)(e),

• (c) paragraph 9(1)(g), and

• (d) paragraph 10(1)(b).

Part 3 — Information and inspection powers

9

CEMA 1979 is amended as follows.

10

In section 112 (power of entry upon premises etc of revenue traders), after subsection (6) insert—

(7) For the purposes of subsection (1)— (a) it does not matter if the premises in question are owned or used partly for the purposes of the trade and partly for other purposes (including as a dwelling), but (b) the officer may not enter or inspect any part of the premises that is used solely as a dwelling. (8) Premises used to hold or store anything for the purposes of a revenue trader's trade are taken to be used by the revenue trader for the purposes of that trade, regardless of who owns or occupies the premises.

11

After that section insert—

(112A) (1) The power in section 112(1) includes power to inspect any business documents that are on the premises. (2) “Business documents” means documents (or copies of documents) that relate to the carrying on of the revenue trader's trade, whether or not ones that a person may be required to produce under section 118B. (3) Subsections (4) to (8) of section 118B apply to documents inspected under section 112(1) as they apply to documents produced under section 118B. (4) The power in section 112(1) also includes power— (a) to mark items that have been examined or inspected, and anything containing such items, for the purpose of indicating that they have been examined or inspected, and (b) to obtain and record information (whether electronically or otherwise) relating to the premises, items and documents that have been examined or inspected.

12

After section 118B insert—

(118BA) (1) An officer may by notice in writing require a person to provide documents if— (a) they are reasonably required by the officer for the purpose of protecting, securing, collecting or managing revenues derived from duties of excise, and (b) the officer has reasonable cause to believe that the person is in possession or control of them. (2) An officer may not give a notice under this section without the approval of the tribunal. (3) An application for approval may be made without notice (except as required under subsection (4)). (4) The tribunal may not give its approval unless— (a) it is satisfied that, in the circumstances, the officer proposing to give the notice is justified in doing so, (b) the person to whom the notice is to be given has been told that the documents are required and given a reasonable opportunity to make representations to an officer, and (c) the tribunal has been given a summary of any representations made by that person. (5) Paragraphs (b) and (c) of subsection (4) do not apply to the extent that the tribunal is satisfied that taking the action specified in those paragraphs might prejudice the protection, security, collection or management of revenues derived from duties of excise. (6) A decision of the tribunal under this section is final (despite the provisions of sections 11 and 13 of the Tribunals, Courts and Enforcement Act 2007). (7) The following provisions of Schedule 36 to the Finance Act 2008 apply to a notice under this section as they apply to an information notice— (a) paragraphs 7 and 8 (complying with notices and producing copies of documents), (b) paragraphs 15 and 16 (powers to copy and remove documents), (c) Part 4 (restrictions on powers) except paragraphs 21, 21A and 28, and (d) Part 9 (miscellaneous provisions and interpretation) so far as relevant to the provisions listed above. (8) The powers in this section apply to information as they apply to documents (and “documents” is to be read accordingly). (9) Nothing in this section affects or limits section 118B. (118BB) (1) This section applies to premises if an officer has reasonable cause to believe that— (a) the premises are used in connection with the supply, importation or exportation of goods of a class or description chargeable with a duty of excise, and (b) any such goods, or documents relating to any such goods, are on the premises. (2) The officer may at any reasonable time enter and inspect the premises and inspect— (a) any goods found on the premises, and (b) any documents found on the premises that appear to the officer to relate to the supply, importation or exportation of goods of a class or description chargeable to duty of excise. (3) For the purposes of this section— (a) it does not matter if the premises are used partly for a purpose mentioned in subsection (1)(a) and partly for other purposes (including as a dwelling), but (b) the officer may not enter or inspect any part of the premises that is used solely as a dwelling. (4) Premises used to hold or store goods in connection with their supply, importation or exportation are taken to be premises used in connection with the supply, importation or exportation of goods, regardless of who owns or occupies the premises. (118BC) (1) This section applies to premises if an officer has reasonable cause to believe that section 10 gaming is taking place, has taken place or is about to take place on the premises. (2) The officer may at any reasonable time enter and inspect the premises and inspect— (a) accounts, records and other documents in the custody or control of any person who is engaging, or whom the officer reasonably suspects of engaging, in section 10 gaming or in any activity by reason of which the person is or may become liable to gaming duty, and (b) any equipment that is being, or the officer reasonably suspects of having been or of being intended to be, used on the premises for or in connection with section 10 gaming. (3) Subsection (1) does not permit an officer to enter or inspect a particular part of premises if— (a) the officer has no reasonable cause to believe that section 10 gaming is taking place, has taken place or is about to take place in that part, and (b) the part is used solely as a dwelling. (4) “Section 10 gaming” means gaming to which section 10 of the Finance Act 1997 applies. (118BD) (1) If an officer, in the course of exercising a power under section 118BB or 118BC, finds reason to believe that the premises are owned or used by a revenue trader (within the meaning of section 112), the officer may also exercise any power that the officer could have exercised under section 112 if the officer had entered the premises under that section. (2) Subsections (4) to (8) of section 118B apply to documents inspected under section 118BB or 118BC as they apply to documents produced under section 118B. (3) The powers under sections 118BB and 118BC include power— (a) to mark items that have been inspected, and anything containing such items, for the purpose of indicating that they have been inspected, and (b) to obtain and record information (whether electronically or otherwise) relating to the premises, items and documents that have been inspected.

13

In section 118C (entry and search of premises and persons), omit subsections (2), (2A) and (2B).

14

In section 118D (order for access to recorded information), in subsection (5), for “118B and 118C” substitute “ 118B to 118C ”.

15

• (1) Section 118G (offences under Part 9) is amended as follows.

• (2) The existing provisions become subsection (1).

• (3) After that subsection insert—

(2) Part 7 of Schedule 36 to the Finance Act 2008 (penalties) applies to a person who fails to comply with a notice under section 118BA as it applies to a person who fails to comply with an information notice. (3) Part 8 of that Schedule (offences) applies in relation to documents that are or are likely to be the subject of a notice under section 118BA as it applies in relation to documents that are or are likely to be the subject of an information notice (with the reference to approval of the tribunal in accordance with paragraph 3 or 5 of that Schedule being read as a reference to approval of the tribunal in accordance with section 118BA of this Act).

16

• (1) Section 161A (power to search premises: search warrant) is amended as follows.

• (2) After subsection (2) insert—

(2A) The power in subsection (2)(a) includes power to search for and remove documents relating to any such thing (including documents about title, storage and movement).

• (3) In subsection (3), for “subsections (1) and (2)” substitute “ subsections (1), (2) and (2A) ”.

SCHEDULE 14

Inheritance tax

1

• (1) Section 58 of IHTA 1984 (relevant property) is amended as follows.

• (2) For the word “and” at the end of subsection (1)(e) substitute—

(ea) property comprised in an asbestos compensation settlement, and

.

• (3) After subsection (3) insert—

(4) In subsection (1)(ea) above “asbestos compensation settlement” means a settlement— (a) the sole or main purpose of which is making compensation payments to or in respect of individuals who have, or had before their death, an asbestos-related condition, and (b) which is made before 24 March 2010 in pursuance of an arrangement within subsection (5) below. (5) An arrangement is within this subsection if it is— (a) a voluntary arrangement that has taken effect under Part 1 of the Insolvency Act 1986 or Part 2 of the Insolvency (Northern Ireland) Order 1989, (b) a compromise or arrangement that has taken effect under section 425 of the Companies Act 1985, Article 418 of the Companies (Northern Ireland) Order 1986 or Part 26 of the Companies Act 2006, or (c) an arrangement or compromise of a kind corresponding to any of those mentioned in paragraph (a) or (b) above that has taken effect under, or as a result of, the law of a country or territory outside the United Kingdom.

• (4) The amendments made by this paragraph are treated as having come into force on 6 April 2006.

Capital gains tax

2

• (1) Section 271 of TCGA 1992 (other miscellaneous exemptions) is amended as follows.

• (2) After subsection (1)(e) insert—

(ea) any gain accruing on the disposal by the trustees of an asbestos compensation settlement of any property comprised in the settlement;

.

• (3) After subsection (1) insert—

(1ZA) In subsection (1)(ea) above “asbestos compensation settlement” means a settlement— (a) the sole or main purpose of which is making compensation payments to or in respect of individuals who have, or had before their death, an asbestos-related condition, and (b) which is made before 24 March 2010 in pursuance of an arrangement within subsection (1ZB) below. (1ZB) An arrangement is within this subsection if it is— (a) a voluntary arrangement that has taken effect under Part 1 of the Insolvency Act 1986 or Part 2 of the Insolvency (Northern Ireland) Order 1989, (b) a compromise or arrangement that has taken effect under section 425 of the Companies Act 1985, Article 418 of the Companies (Northern Ireland) Order 1986 or Part 26 of the Companies Act 2006, or (c) an arrangement or compromise of a kind corresponding to any of those mentioned in paragraph (a) or (b) above that has taken effect under, or as a result of, the law of a country or territory outside the United Kingdom.

• (4) The amendments made by this paragraph are treated as having come into force on 6 April 2006.

Income tax

3

• (1) ITA 2007 is amended as follows.

• (2) In section 462(11) (overview of Part), after “charitable trusts” insert “ and section 838A for special provision about asbestos compensation settlements ”.

• (3) After section 838 (exemption from income tax for local authorities and local authority associations) insert—

(838A) (1) The trustees of an asbestos compensation settlement are not liable to income tax in respect of the income of the trustees. (2) In this section “asbestos compensation settlement” means a settlement— (a) the sole or main purpose of which is making compensation payments to or in respect of individuals who have, or had before their death, an asbestos-related condition, and (b) which is made before 24 March 2010 in pursuance of an arrangement within subsection (3). (3) An arrangement is within this subsection if it is— (a) a voluntary arrangement that has taken effect under Part 1 of the Insolvency Act 1986 or Part 2 of the Insolvency (Northern Ireland) Order 1989, (b) a compromise or arrangement that has taken effect under section 425 of the Companies Act 1985, Article 418 of the Companies (Northern Ireland) Order 1986 or Part 26 of the Companies Act 2006, or (c) an arrangement or compromise of a kind corresponding to any of those mentioned in paragraph (a) or (b) that has taken effect under, or as a result of, the law of a country or territory outside the United Kingdom.

• (4) The amendments made by sub-paragraphs (2) and (3) are treated as having had effect for the tax year 2007-08 and subsequent tax years.

• (5) ICTA is treated as having had effect for the tax year 2006-07 with an amendment, after section 518 of that Act, which corresponds to that made by sub-paragraph (3).

Payments to special guardians and those in receipt of residence orders

Seafarers' earnings

Enterprise management incentives

Settlor to return excess repayment to trustees etc

Company distributions

Film tax credit: unused losses

Supplies of aircraft etc

Landfill tax: criteria for determining material to be subject to lower rate

Interest: corporation tax and petroleum revenue tax

Postal services etc

Long cigarettes

Landfill tax: criteria for determining material to be subject to lower rate

Penalties for failure to make returns etc

Pension scheme under section 67 of Pensions Act 2008

Asbestos compensation settlements

Short title

Extension of foster-care relief

Consequential amendments

Commencement

Transitional provision

Enterprise investment scheme

Venture capital trusts

Interpretation

Consequential repeal

Commencement of amendments relating to 70% eligible shares condition

Commencement of other provisions of this Schedule

Meaning of “the commencement day”

Meaning of “distribution” in the Corporation Tax Acts

Meaning of “distribution” in Income Tax Acts

Distributions subject to the charge to corporation tax on income

Distributions giving rise to deemed disposals

Commencement

Treatment of distributions of UK resident companies made before 1 July 2009

Election to opt out of effect of Schedule in relation to a distribution made before 22 June 2010

Amendment of TCGA 1992

Amendment of ITA 2007

Amendment of CTA 2010

Commencement

Introduction

Amendment of Chapter 1 (introduction)

Amendments of Chapter 2 (application of Part)

Amendments of Chapter 3 (disallowance of deductions)

Amendment of Chapter 4 (exemption of financing income)

Amendments of Chapter 5 (intra-group financing income where payer denied deduction)

Amendments of Chapter 7 (“financing expense amount” and “financing income amount”)

Amendment of Chapter 8 (the “tested expense amount” and “tested income amount”)

Amendments of Chapter 9 (the “available amount”)

Amendments of Chapter 10 (other interpretative provisions)

Amendment of transitional provision

Amendments of index of defined expressions

Commencement

Election to defer the application of some of the amendments made by this Schedule

Introductory

Ability to claim group relief where link company established in the EEA

Limitations on group relief based on proportion of voting power held by company

Limitations on group relief where arrangements preventing control are in place

Commencement

Input tax

Non-business use of certain assets not to be treated as supply of services

Output tax charge where credit attributable to purported paragraph 5(4) supply

Amendments of sections 101 to 104

Amendments of Schedule 53

Amendments of Schedule 54

New Schedule

New provisions relating to overpaid tax

Consequential amendments

Claims for recovery of overpaid tax etc

Consequential amendments

Assessments

Claims

Inheritance tax

Capital gains tax

Income tax

Editorial notes

[^c2124008]: S. 26(2)(3) power partly exercised: different dates appointed for specified provisions and purposes by {S.I. 2011/703}, art. 2 S. 26(2)-(4) power partly exercised: different dates appointed for specified provisions and purposes by {S.I. 2011/2391}, arts. 2(a), 3(1)

[^c2123975]: S. 27(2)(3) power partly exercised: 25.1.2011 appointed for specified provisions by {S.I. 2011/132}, arts. 2, 3

[^c2124006]: S. 27(2)(3) power partly exercised: 6.4.2011 appointed for specified provisions by {S.I. 2011/703}, art. 3

[^c2124010]: S. 29(2)(3) power fully exercised: 1.4.2011 appointed for specified provisions by {S.I. 2011/777}, art. 2 (with transitional provisions in arts. 3-8)

[^c2124009]: Sch. 2 para. 8 power fully exercised: 6.4.2011 appointed for Sch. 2 paras. 6, 7 by {S.I. 2011/662}, art. 2

[^c2124016]: Sch. 10 para. 1 in force at 1.4.2011 for specified purposes and 6.4.2011 by S.I. 2011/703, art. 2 Sch. 10 para. 1 in force at 6.10.2011 for further specified purposes by S.I. 2011/2391, arts. 2(a), 3(1)

[^c2124017]: Sch. 10 para. 4 in force at 1.4.2011 and 6.4.2011 for specified purposes by S.I. 2011/703, art. 2

[^c2139725]: Sch. 10 para. 5 in force at 6.10.2011 for specified purposes by S.I. 2011/2391, arts. 2(a), 3(1)

[^c2139726]: Sch. 10 para. 6 in force at 6.10.2011 for specified purposes by S.I. 2011/2391, arts. 2(a), 3(1)

[^c2124039]: Sch. 11 para. 1 partly in force; Sch. 11 para. 1 not in force at Royal Assent see s. 27(2); Sch. 11 para. 1 in force at 6.4.2011 for certain purposes by S.I. 2011/703, art. 3

[^c2124014]: Sch. 11 para. 2 partly in force; Sch. 11 para. 2 not in force at Royal Assent see s. 27(2); Sch. 11 para. 2(3)(5)(6)(12) in force at 25.1.2011 by S.I. 2011/132, art. 2

[^c2124040]: Sch. 11 para. 9 partly in force; Sch. 11 para. 9 not in force at Royal Assent see s. 27(2); Sch. 11 para. 9 in force at 6.4.2011 for certain purposes by S.I. 2011/703, art. 3

[^c2124015]: Sch. 11 para. 10 partly in force; Sch. 11 para. 10 not in force at Royal Assent see s. 27(2); Sch. 11 para. 10 in force for certain purposes at 25.1.2011 by S.I. 2011/132, art. 2

[^c2072848]: Sch. 13 amendments in force at 1.4.2011 by S.I. 2011/777, art. 2 (with transitional provisions in arts. 3-8)

[^key-288d26b34aa7acf34be88eb5a0917b85]: S. 15 omitted (17.7.2012) by virtue of Finance Act 2012 (c. 14), Sch. 16 para. 247(w)

[^key-2d512f5d8d1cfc3df747255382edacc6]: Sch. 3 para. 1(2) omitted (with effect in accordance with s. 33(6) of the commencing Act) by virtue of Finance Act 2012 (c. 14), s. 33(5)(d)

[^key-315399ea0d07820d8680ea6c9a5b1ff3]: S. 13(4)(5) omitted (with effect in accordance with Sch. 15 para. 28 29 of the commencing Act) by virtue of Finance Act 2013 (c. 29), Sch. 15 para. 25

[^key-edcdfbf9f3ddd425441be31839e20044]: Sch. 10 para. 10 repealed (with effect in accordance with Sch. 50 para. 16(2) of the repealing Act) by Finance Act 2013 (c. 29), Sch. 50 para. 15

[^key-a1c3a358487070c94e295028002d29bb]: Sch. 10 para. 2(2A) inserted (17.7.2014) by Finance Act 2014 (c. 26), Sch. 22 para. 21(2)(a)

[^key-568fed5086b4010a93d6414e57d3d0bc]: Words in Sch. 10 para. 2(4) inserted (17.7.2014) by Finance Act 2014 (c. 26), Sch. 22 para. 21(2)(b)

[^key-46ca2b9862147a620dfa85605a496a9e]: Words in Sch. 10 para. 7 substituted (17.7.2014) by Finance Act 2014 (c. 26), Sch. 22 para. 21(3)

[^key-00abd1f3c7d719836de5fd4fda488195]: Words in Sch. 11 para. 2(7) inserted (17.7.2014) by Finance Act 2014 (c. 26), Sch. 22 para. 22(2)

[^key-e4be20c157e054d2ff2c935cf8fd1f82]: Words in Sch. 11 para. 2(9) inserted (17.7.2014) by Finance Act 2014 (c. 26), Sch. 22 para. 22(3)

[^key-e25cf9a92840872f66c1dbf010cd14ac]: Words in Sch. 11 para. 2(13)(a) inserted (17.7.2014) by Finance Act 2014 (c. 26), Sch. 22 para. 22(4)

[^key-19898a9ef7ffbe105412df10feab9ac2]: Words in Sch. 11 para. 2(14)(a) inserted (17.7.2014) by Finance Act 2014 (c. 26), Sch. 22 para. 22(5)

[^key-541f50639772ba6224bc37179f0a6a33]: Words in Sch. 11 para. 7 inserted (17.7.2014) by Finance Act 2014 (c. 26), Sch. 22 para. 22(6)

[^key-6e72f85948e85d97805b28f7a8b7b3c3]: Sch. 6 para. 4(4) omitted (with effect in accordance with s. 35(3) of the amending Act) by virtue of Finance (No. 2) Act 2015 (c. 33), s. 35(2)(d)

[^key-2a3f0865acf932f365fe914a4b51dc76]: Sch. 6 para. 5 omitted (with effect in accordance with s. 35(3) of the amending Act) by virtue of Finance (No. 2) Act 2015 (c. 33), s. 35(2)(d)

[^key-d78ae41c6093b9a9d032d7e1c5d304f4]: Sch. 5 repealed (with effect in accordance with Sch. 5 para. 26(1) of the amending Act) by Finance (No. 2) Act 2017 (c. 32), Sch. 5 para. 11(2)(a)

[^key-e901fe771980338becae0cd8f82055fc]: S. 11 repealed (with effect in accordance with Sch. 5 para. 26(1) of the amending Act) by Finance (No. 2) Act 2017 (c. 32), Sch. 5 para. 11(2)(a)

[^key-9ac8c8e2d2a77797d7b147d85ed689fd]: Words in Sch. 9 para. 10 substituted (with effect in accordance with Sch. 4 para. 190 of the amending Act) by Finance (No. 2) Act 2017 (c. 32), Sch. 4 para. 182(2)(a)

[^key-9681c1e13b0cc0081b97d54db94e6c15]: Words in Sch. 9 para. 10 substituted (with effect in accordance with Sch. 4 para. 190 of the amending Act) by Finance (No. 2) Act 2017 (c. 32), Sch. 4 para. 182(2)(b)

[^key-e683cddeabf85cd27199d10420d22fa9]: Words in Sch. 9 para. 10 inserted (with effect in accordance with Sch. 4 para. 190 of the amending Act) by Finance (No. 2) Act 2017 (c. 32), Sch. 4 para. 182(3)

[^key-2c1c5acf0f899ea05829b1aa308ca641]: Words in Sch. 9 para. 10 inserted (with effect in accordance with Sch. 4 para. 190 of the amending Act) by Finance (No. 2) Act 2017 (c. 32), Sch. 4 para. 182(4)

[^key-cc9f0d518f3492ff5bc4f04788665ec2]: Words in Sch. 9 para. 10 inserted (with effect in accordance with Sch. 4 para. 190 of the amending Act) by Finance (No. 2) Act 2017 (c. 32), Sch. 4 para. 182(5)

[^key-6970e59c0aadafc4df5f344a2315fc2a]: S. 30(1) omitted (15.3.2018) by virtue of Finance Act 2018 (c. 3), Sch. 3 paras. 1(9), 2(3)

[^key-0b7b702517404a3b312405d91b6e2114]: Words in Sch. 2 para. 6(2)(b) inserted (6.4.2018) by Finance Act 2018 (c. 3), Sch. 5 paras. 11(1), 13 (with Sch. 5 para. 11(2)); S.I. 2018/931, reg. 4(e)

[^key-59f90f243e88e496e7895f87f02bf1ea]: Words in Sch. 11 para. 5(3) omitted (12.2.2019) by virtue of Finance Act 2019 (c. 1), Sch. 7 para. 5

[^key-2647769589c07a200e18470363be0b95]: Word in Sch. 11 para. 5(3) substituted (12.2.2019) by Finance Act 2019 (c. 1), s. 67(3)

[^key-28ad019713c76b613237aede1f0f5a9f]: Word in Sch. 11 para. 5(3) inserted (with effect in accordance with Sch. 2 para. 32(1) of the amending Act) by Finance Act 2019 (c. 1), Sch. 2 para. 30(4)

[^key-306d836528277130fd1d10c75ae1cbe3]: Word in Sch. 10 para. 7 inserted (12.2.2019) by Finance Act 2019 (c. 1), s. 67(1) (with s. 67(2))

[^M_I_7ecbfc0f-9d69-4ee8-9477-9910c5067cb5]: Amendments made by Sch. 10 para. 2 in force at 12.2.2019 for specified purposes by 2019 c. 1, s. 67(2)

[^M_I_f7155e3a-0562-461e-f0f9-cd59b2ddb844]: Amendments made by Sch. 10 para. 3 in force at 12.2.2019 for specified purposes by 2019 c. 1, s. 67(2)

[^M_I_9609e472-be7c-48d9-8ec6-0478d1c92db2]: Amendments made by Sch. 10 para. 4 in force at 12.2.2019 for specified purposes by 2019 c. 1, s. 67(2)

[^M_I_32821b47-39fd-48e0-f91a-bc66a60d8b46]: Amendments made by Sch. 10 para. 5 in force at 12.2.2019 for specified purposes by 2019 c. 1, s. 67(2)

[^M_I_9686d12d-0144-41b4-a6fc-33cfb7b2bfdd]: Amendments made by Sch. 10 para. 6 in force at 12.2.2019 for specified purposes by 2019 c. 1, s. 67(2)

[^M_I_23afd810-7801-4f25-e013-782d7893259b]: Amendments made by Sch. 10 para. 7 in force at 12.2.2019 for specified purposes by 2019 c. 1, s. 67(2)

[^M_I_f7e80a67-2070-47d4-9179-5105a37ef87f]: Amendments made by Sch. 10 para. 8 in force at 12.2.2019 for specified purposes by 2019 c. 1, s. 67(2)

[^M_I_7b2666c2-739b-4e88-ba28-5450613c746a]: Amendments made by Sch. 10 para. 9 in force at 12.2.2019 for specified purposes by 2019 c. 1, s. 67(2)

[^M_I_97ad4e59-a5c5-4ddf-d5ab-0eb05ed8494a]: Amendments made by Sch. 10 para.11 in force at 12.2.2019 for specified purposes by 2019 c. 1, s. 67(2)

[^key-f2551bb5043fc9c08f364837ddb9bc3e]: Sch. 9 para. 1 in force at 1.1.2023 by S.I. 2022/1277, reg. 2(2)(c) (with reg. 3)

[^key-6a9f6eb6ae29e7acbc8bbf42b4f27164]: Sch. 9 para. 5 in force at 1.1.2023 by S.I. 2022/1277, reg. 2(2)(c) (with reg. 3)

[^key-ecbb01a250425e74ce09d350168e4693]: Sch. 9 para. 4 in force at 1.1.2023 for specified purposes by S.I. 2022/1277, reg. 2(2)(d) (with reg. 3)

[^key-3f0973f4885996eb88265bd79a0b789c]: Sch. 9 para. 12 in force at 1.1.2023 for specified purposes by S.I. 2022/1277, reg. 2(2)(d) (with reg. 3)

[^M_F_f7993815-0854-4410-8391-e59e0f381588]: Word in Sch. 10 para. 7 inserted (1.4.2022 and with effect in accordance with s. 85(1)(b) of the amending Act) by Finance Act 2021 (c. 26), s. 85(1)(a), Sch. 15 para. 3(1); S.I. 2021/1409, reg. 4

[^M_F_d4948fbd-1cd0-4ed8-b266-ae30d5711cf5]: Words in Sch. 11 para. 2(13)(a) substituted (1.4.2022 and with effect in accordance with s. 85(1)(b) of the amending Act) by Finance Act 2021 (c. 26), s. 85(1)(a), Sch. 15 para. 5(1)(a); S.I. 2021/1409, reg. 4

[^M_F_89784093-2f6b-48fa-93b7-647f20301d28]: Words in Sch. 11 para. 2(14)(a) substituted (1.4.2022 and with effect in accordance with s. 85(1)(b) of the amending Act) by Finance Act 2021 (c. 26), s. 85(1)(a), Sch. 15 para. 5(1)(b); S.I. 2021/1409, reg. 4

[^M_I_7b4eef5a-82d0-46b5-b62d-79f7d9169e63]: Amendments made by Sch. 10 para. 6 in force at 1.4.2022 for specified purposes by Finance Act 2021 (c. 26), Sch. 15 para. 3(2)

[^M_I_3b772f72-1815-4bd8-d145-e64c689fcb8c]: Amendments made by Sch. 10 para. 5 in force at 1.4.2022 for specified purposes by Finance Act 2021 (c. 26), Sch. 15 para. 3(2)

[^M_I_0d7ccc7a-f6b7-4671-86d4-16a2801c8299]: Amendments made by Sch. 10 para. 11 in force at 1.4.2022 for specified purposes by Finance Act 2021 (c. 26), Sch. 15 para. 3(2)

[^M_I_e26d6664-1e32-4af1-d438-66c7d24d0288]: Amendments made by Sch. 10 para. 3 in force at 1.4.2022 for specified purposes by Finance Act 2021 (c. 26), Sch. 15 para. 3(2)

[^M_I_4697e134-e721-4821-ebd5-7eafecb22a2c]: Amendments made by Sch. 10 para. 2 in force at 1.4.2022 for specified purposes by Finance Act 2021 (c. 26), Sch. 15 para. 3(2)

[^M_I_68a7bdb5-c13e-40d3-e6d9-5381f49d7f0a]: Amendments made by Sch. 10 para. 8 in force at 1.4.2022 for specified purposes by Finance Act 2021 (c. 26), Sch. 15 para. 3(2)

[^M_I_9b9d4958-4e06-4650-f612-08a53233a237]: Amendments made by Sch. 10 para. 4 in force at 1.4.2022 for specified purposes by Finance Act 2021 (c. 26), Sch. 15 para. 3(2)

[^M_I_6548c302-2e5f-4c13-a65a-98b248e24278]: Amendments made by Sch. 10 para. 9 in force at 1.4.2022 for specified purposes by Finance Act 2021 (c. 26), Sch. 15 para. 3(2)

[^M_I_cd4cecbd-e049-42a1-d478-d9e95a24f546]: Amendments made by Sch. 10 para. 7 in force at 1.4.2022 for specified purposes by Finance Act 2021 (c. 26), Sch. 15 para. 3(2)

[^M_I_157f9dea-31eb-418f-ea94-81fc2b54a7df]: Amendments made by Sch. 11 para. 3 in force at 1.4.2022 for specified purposes by Finance Act 2021 (c. 26), Sch. 15 para. 5(2)

[^M_I_97d13ca8-507c-43ac-d026-cd94de9eb6ad]: Amendments made by Sch. 11 para. 5 in force at 1.4.2022 for specified purposes by Finance Act 2021 (c. 26), Sch. 15 para. 5(2)

[^M_I_918e2702-47fa-49e7-eb57-1d8ca3a43d6d]: Amendments made by Sch. 11 para. 6 in force at 1.4.2022 for specified purposes by Finance Act 2021 (c. 26), Sch. 15 para. 5(2)

[^M_I_6205a049-dbb2-49a4-bde1-f3506ecb760f]: Amendments made by Sch. 11 para. 8 in force at 1.4.2022 for specified purposes by Finance Act 2021 (c. 26), Sch. 15 para. 5(2)

[^M_I_f14a178d-2660-4b0f-8816-f3a8e253392c]: Amendments made by Sch. 11 para. 2 in force at 1.4.2022 for specified purposes by Finance Act 2021 (c. 26), Sch. 15 para. 5(2)

[^M_I_0ae5eb8e-2a51-48a5-b971-90eeeb8fa02f]: Amendments made by Sch. 11 para. 4 in force at 1.4.2022 for specified purposes by Finance Act 2021 (c. 26), Sch. 15 para. 5(2)

[^M_I_c8f9af43-7cd8-417e-8838-8489f4f1fa08]: Amendments made by Sch. 11 para. 7 in force at 1.4.2022 for specified purposes by Finance Act 2021 (c. 26), Sch. 15 para. 5(2)

[^M_I_4e552d94-52d3-4fb2-b86f-bba7b131f580]: Amendments made by Sch. 11 para. 9 in force at 1.4.2022 for specified purposes by Finance Act 2021 (c. 26), Sch. 15 para. 5(2)

[^M_I_dcb86b14-7bfe-4514-a6ea-b39299d47a1b]: Amendments made by Sch. 11 para. 10 in force at 1.4.2022 for specified purposes by Finance Act 2021 (c. 26), Sch. 15 para. 5(2)

Long cigarettes

Supplies of aircraft etc

Landfill tax: criteria for determining material to be subject to lower rate

Pension scheme under section 67 of Pensions Act 2008

Asbestos compensation settlements

Interpretation

Film tax credit: unused losses

Insurance business transfer schemes: non-profit fund transferred assets

Non-business use of business assets etc

Interest: corporation tax and petroleum revenue tax

Pension scheme under section 67 of Pensions Act 2008

Asbestos compensation settlements

Interpretation