Schedules
Schedule 1 Abbreviations and defined expressions
Part 1 Abbreviations
Words in Sch. 1 Pt. 1 omitted (21.7.2009) by virtue of Finance Act 2009 (c. 10), s. 126(4)
Words in Sch. 1 Pt. 1 inserted (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. 6 para. 255 (with Sch. 7)
Words in Sch. 1 Pt. 1 inserted (6.4.2005) by Income Tax (Trading and Other Income) Act 2005 (c. 5), s. 883(1), Sch. 1 para. 574(2) (with Sch. 2)
Words in Sch. 1 Pt. 1 inserted (6.4.2007) by Income Tax Act 2007 (c. 3), s. 1034(1), Sch. 1 para. 413(2) (with Sch. 2)
Words in Sch. 1 Pt. 1 inserted (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. 522(2) (with Sch. 2 Pts. 1, 2)
Words in Sch. 1 Pt. 1 inserted (1.4.2010) (with effect in accordance with s. 1184(1) of the amending Act) by Corporation Tax Act 2010 (c. 4), s. 1184(1), Sch. 1 para. 365(2) (with Sch. 2)
F39FA followed by a year | The Finance Act of that year |
F39F(No.2)A followed by a year | The Finance (No.2) Act of that year. |
F42. . . | F42. . . |
F42. . . | F42. . . |
F42. . . | F42. . . |
F42. . . | F42. . . |
CAA 1968 | The Capital Allowances Act 1968 (c. 3) |
TMA 1970 | The Taxes Management Act 1970 (c. 9) |
F42. . . | F42. . . |
OTA 1975 | The Oil Taxation Act 1975 (c. 22) |
F42. . . | F42. . . |
F42. . . | F42. . . |
F42. . . | F42. . . |
F42. . . | F42. . . |
ICTA | The Income and Corporation Taxes Act 1988 (c. 1) |
F42. . . | F42. . . |
CAA 1990 | The Capital Allowances Act 1990 (c. 1) |
TCGA 1992 | The Taxation of Chargeable Gains Act 1992 (c. 12) |
F42. . . | F42. . . |
VATA 1994 | The Value Added Tax Act 1994 (c. 23) |
F42. . . | F42. . . |
F42. . . | F42. . . |
F42. . . | F42. . . |
F42. . . | F42. . . |
F42. . . | F42. . . |
F42. . . | F42. . . |
F11ITEPA 2003 | The Income Tax (Earnings and Pensions) Act 2003 |
F14ITTOIA 2005 | The Income Tax (Trading and Other Income) Act 2005 |
F42. . . | F42. . . |
F42. . . | F42. . . |
F18ITA 2007 | The Income Tax Act 2007. |
F33CTA 2009 | The Corporation Tax Act 2009 |
F43CTA 2010 | The Corporation Tax Act 2010 |
Part 2 Defined expressions
Words in Sch. 1 Pt. 2 substituted (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. 522(3)(a) (with Sch. 2 Pts. 1, 2)
Sch. 1 Pt. 2 entries 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. 19(2)
Words in Sch. 1 Pt. 2 inserted (with effect in accordance with Sch. 24 para. 23 of the amending Act) by Finance Act 2008 (c. 9), Sch. 24 para. 15
Words in Sch. 1 Pt. 2 inserted (with effect in accordance with Sch. 11 paras. 26, 27, 28(1) to the amending Act) by Finance Act 2009 (c. 10), Sch. 11 para. 23(3) (with Sch. 11 paras. 30-32)
Sch. 1 Pt. 2 entries inserted (with effect in accordance with s. 92 of the amending Act) by Finance Act 2005 (c. 7), Sch. 6 para. 11; S.I. 2007/949, art. 2
Sch. 1 Pt. 2: entries inserted (with effect as mentioned in s. 67 of the amending Act) by Finance Act 2001 (c. 9), s. 67, Sch. 19 Pt. 2 para. 8(2)
Sch. 1 Pt. 2: entries inserted (with effect as mentioned in s. 67 of the amending Act) by Finance Act 2001 (c. 9), s. 67, Sch. 19 Pt. 2 para. 8(2)
Words in Sch. 1 Pt. 2 inserted (6.4.2007) by Income Tax Act 2007 (c. 3), s. 1034(1), Sch. 1 para. 413(3)(a) (with Sch. 2)
Words in Sch. 1 Pt. 2 substituted (1.4.2010) (with effect in accordance with s. 1184(1) of the amending Act) by Corporation Tax Act 2010 (c. 4), s. 1184(1), Sch. 1 para. 365(3)(a) (with Sch. 2)
Words in Sch. 1 Pt. 2 repealed (18.4.2005) by Commissioners for Revenue and Customs Act 2005 (c. 11), s. 53(1), Sch. 4 para. 86(a), 5; S.I. 2005/1126, art. 2(2)(h)(i)
Words in Sch. 1 Pt. 2 substituted (with effect in accordance with Sch. 11 paras. 26, 27, 28(1) to the amending Act) by Finance Act 2009 (c. 10), Sch. 11 para. 23(2) (with Sch. 11 paras. 30-32)
Words in Sch. 1 Pt. 2 inserted (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. 522(3)(b) (with Sch. 2 Pts. 1, 2)
Words in Sch. 1 Pt. 2 substituted (1.4.2010) (with effect in accordance with s. 1184(1) of the amending Act) by Corporation Tax Act 2010 (c. 4), s. 1184(1), Sch. 1 para. 365(3)(b) (with Sch. 2)
Words in Sch. 1 Pt. 2 substituted (6.4.2007) by Income Tax Act 2007 (c. 3), s. 1034(1), Sch. 1 para. 413(3)(b) (with Sch. 2)
Words in Sch. 1 Pt. 2 substituted (1.4.2010) (with effect in accordance with s. 1184(1) of the amending Act) by Corporation Tax Act 2010 (c. 4), s. 1184(1), Sch. 1 para. 365(3)(c) (with Sch. 2)
Sch. 1 Pt. 2: entries inserted (with effect as mentioned in s. 67 of the amending Act) by Finance Act 2001 (c. 9), s. 67, Sch. 19 Pt. 2 para. 8(2)
Sch. 1 Pt. 2: entries inserted (with effect in accordance with Sch. 14 para. 13 of the amending Act) by Finance Act 2011 (c. 11), Sch. 14 para. 12(17)(b)
Sch. 1 Pt. 2: entries inserted (with effect as mentioned in s. 67 of the amending Act) by Finance Act 2001 (c. 9), s. 67, Sch. 19 Pt. 2 para. 8(2)
Sch. 1: entry omitted (19.7.2011) by virtue of Finance Act 2011 (c. 11), s. 12(6)(b)
Sch. 1 Pt. 2: entries omitted (with effect in accordance with Sch. 14 para. 13 of the amending Act) by virtue of Finance Act 2011 (c. 11), Sch. 14 para. 12(17)(a)
Words in Sch. 1 Pt. 2 repealed (18.4.2005) by Commissioners for Revenue and Customs Act 2005 (c. 11), s. 53(1), Sch. 4 para. 86(b), 5; S.I. 2005/1126, art. 2(2)(h)(i)
Sch. 1 Pt. 2: entries inserted (with effect as mentioned in s. 67 of the amending Act) by Finance Act 2001 (c. 9), s. 67, Sch. 19 Pt. 2 para. 8(2)
Words in Sch. 1 Pt. 2 repealed (with effect in accordance with s. 167 of the amending Act) by Finance Act 2003 (c. 14), Sch. 43 Pt. 3(9)
Words in Sch. 1 Pt. 2 inserted (with effect in accordance with Sch. 27 para. 11 of the amending Act) by Finance Act 2004 (c. 12), Sch. 27 para. 10
Words in Sch. 1 Pt. 2 inserted (6.4.2007) by Income Tax Act 2007 (c. 3), s. 1034(1), Sch. 1 para. 413(3)(c) (with Sch. 2)
Words in Sch. 1 Pt. 2 substituted (1.4.2010) (with effect in accordance with s. 1184(1) of the amending Act) by Corporation Tax Act 2010 (c. 4), s. 1184(1), Sch. 1 para. 365(3)(d) (with Sch. 2)
Words in Sch. 1 Pt. 2 substituted (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. 522(3)(c) (with Sch. 2 Pts. 1, 2)
Words in Sch. 1 Pt. 2 substituted (1.4.2010) (with effect in accordance with s. 1184(1) of the amending Act) by Corporation Tax Act 2010 (c. 4), s. 1184(1), Sch. 1 para. 365(3)(e) (with Sch. 2)
Sch. 1 Pt. 2: entries inserted (with effect as mentioned in s. 67 of the amending Act) by Finance Act 2001 (c. 9), s. 67, Sch. 19 Pt. 2 para. 8(2)
Sch. 1 Pt. 2: entries inserted (with effect as mentioned in s. 67 of the amending Act) by Finance Act 2001 (c. 9), s. 67, Sch. 19 Pt. 2 para. 8(2)
Sch. 1 Pt. 2: entries inserted (with effect as mentioned in s. 67 of the amending Act) by Finance Act 2001 (c. 9), s. 67, Sch. 19 Pt. 2 para. 8(2)
Words in Sch. 1 inserted (19.7.2011) by Finance Act 2011 (c. 11), s. 12(6)(a)
Sch. 1 Pt. 2: entries inserted (with effect as mentioned in s. 67 of the amending Act) by Finance Act 2001 (c. 9), s. 67, Sch. 19 Pt. 2 para. 8(2)
Words in Sch. 1 Pt. 2 substituted (6.4.2007) by Income Tax Act 2007 (c. 3), s. 1034(1), Sch. 1 para. 413(3)(e) (with Sch. 2)
Sch. 1 Pt. 2: entries inserted (with effect as mentioned in s. 67 of the amending Act) by Finance Act 2001 (c. 9), s. 67, Sch. 19 Pt. 2 para. 8(2)
Word in Sch. 1 Pt. 2 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. 19(3)
Sch. 1 Pt. 2 entry 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. 522(3)(d), Sch. 3 Pt. 1 (with Sch. 2 Pts. 1, 2)
Words in Sch. 1 Pt. 2 inserted (with effect in accordance with Sch. 26 para. 14 of the amending Act) by Finance Act 2008 (c. 9), Sch. 26 para. 13
Words in Sch. 1 Pt. 2 substituted (1.4.2010) (with effect in accordance with s. 1184(1) of the amending Act) by Corporation Tax Act 2010 (c. 4), s. 1184(1), Sch. 1 para. 365(3)(f) (with Sch. 2)
Words in Sch. 1 Pt. 2 substituted (6.4.2007) by Income Tax Act 2007 (c. 3), s. 1034(1), Sch. 1 para. 413(3)(g) (with Sch. 2)
Words in Sch. 1 Pt. 2 inserted (6.4.2005) by Income Tax (Trading and Other Income) Act 2005 (c. 5), s. 883(1), Sch. 1 para. 574(3)(c) (with Sch. 2)
Words in Sch. 1 Pt. 2 repealed (6.4.2007) by Income Tax Act 2007 (c. 3), s. 1034(1), Sch. 1 para. 413(3)(h), Sch. 3 Pt. 1 (with Sch. 2)
Words in Sch. 1 Pt. 2 inserted (6.4.2007) by Income Tax Act 2007 (c. 3), s. 1034(1), Sch. 1 para. 413(3)(h) (with Sch. 2)
Words in Sch. 1 Pt. 2 inserted (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. 522(3)(e) (with Sch. 2 Pts. 1, 2)
Words in Sch. 1 Pt. 2 substituted (1.4.2010) (with effect in accordance with s. 1184(1) of the amending Act) by Corporation Tax Act 2010 (c. 4), s. 1184(1), Sch. 1 para. 365(3)(g) (with Sch. 2)
Words in Sch. 1 Pt. 2 substituted (6.4.2007) by Income Tax Act 2007 (c. 3), s. 1034(1), Sch. 1 para. 413(3)(i) (with Sch. 2)
Words in Sch. 1 Pt. 2 substituted (1.4.2010) (with effect in accordance with s. 1184(1) of the amending Act) by Corporation Tax Act 2010 (c. 4), s. 1184(1), Sch. 1 para. 365(3)(h) (with Sch. 2)
Words in Sch. 1 Pt. 2 inserted (6.4.2007) by Income Tax Act 2007 (c. 3), s. 1034(1), Sch. 1 para. 413(3)(j) (with Sch. 2)
Words in Sch. 1 Pt. 2 substituted (1.4.2010) (with effect in accordance with s. 1184(1) of the amending Act) by Corporation Tax Act 2010 (c. 4), s. 1184(1), Sch. 1 para. 365(3)(i) (with Sch. 2)
accounting period | F34Chapter 2 of Part 2 of CTA 2009 |
additional VAT liability | section 547(1) |
additional VAT rebate | section 547(2) |
F32. . . | F32. . . |
adjusted net cost (in Chapter 6 of Part 10) | section 522 |
F32. . . | F32. . . |
F29AIA qualifying expenditure | section 38A |
F41applicable CO2 emissions figure (in Part 2) | section 268C |
approved body (in Part 10) | section 492 |
assured tenancy | section 490(3) |
available qualifying expenditure (in Part 2) | section 57 |
available qualifying expenditure (in Part 7) | section 459 |
available qualifying expenditure (in Part 8) | section 473 |
F32. . . | F32. . . |
F28balancing adjustment (in Part 3A) | section 360M |
F32. . . | F32. . . |
F1balancing adjustment (in Part 4A) | section 393M |
balancing adjustment (in Part 10) | section 513 |
F32. . . | F32. . . |
F28balancing event (in Part 3A) | section 360N |
F32. . . | F32. . . |
F2balancing event (in Part 4A) | section 393N |
balancing event (in Part 10) | section 514 |
body of persons | |
F16. . . | F16. . . |
F32. . . | F32. . . |
capital expenditure | section 4 and (in Chapter 2 of Part 1) section 10(1) |
capital sum | section 4 |
car (in Part 2) | F40section 268A |
F35the charge to corporation tax on income | section 2(3) of CTA 2009 (as applied by F45section 1119 of CTA 2010) |
chargeable period | section 6 |
F32. . . | F32. . . |
connected persons (general meaning) | F20section 575 |
connected persons (special extended meaning for certain purposes) | sections 156, 232, 246(2) and 266(5) |
control | section 574 |
the Corporation Tax Acts | section 831(1) of ICTA |
F32. . . | F32. . . |
development and development order (in Part 5) | section 436 |
disposal event (in Part 2) | section 60(2) |
disposal event (in Chapter 3 of Part 6) | section 443(7) |
disposal receipt (in Part 2) | section 60 |
disposal receipt (in Part 5) | section 420 |
disposal receipt (in Chapter 3 of Part 8) | section 476(1) |
dredging | section 484(3), (4) |
dual resident investing company | section 577(1) and F46section 949 of CTA 2010 |
dwelling-house | section 531(1) |
F3dwelling (in Part 4A) | section 393A(4) |
F32. . . | F32. . . |
F32. . . | F32. . . |
F32. . . | F32. . . |
F56EEA furnished holiday lettings business | section 17B |
F41electrically-propelled (in Part 2) | section 268B |
expenditure on the construction of a building (in Part 10) | section 493 |
final chargeable period (in Part 2) | section 65 |
final chargeable period (in Part 7) | section 457(5) |
final chargeable period (in Part 8) | section 471(5) and (6) |
first-year qualifying expenditure | Chapter 4 of Part 2 |
fixture (in Part 2) | section 173(1) |
F4flat (in Part 4A) | section 393A(3) |
F54. . . | F54. . . |
F55. . . | F55. . . |
general development order (in Part 5) | section 436 |
F32. . . | F32. . . |
F32. . . | F32. . . |
F41hire car for a disabled person (in Part 2) | section 268D |
income from patents (in Part 8) | section 483 and paragraph 101(5) of Schedule 3 |
F32. . . | F32. . . |
F17. . . | F17. . . |
interest in an oil licence (in Chapter 3 of Part 12) | section 552(4) |
investment company | section 130 of ICTA |
investment asset (in relation to life assurance business) | section 545(2) |
know-how (in Part 7) | section 452(2) |
F32. . . | F32. . . |
F28lease and related expressions (in Part 3A) | section 360Z4 |
F32. . . | F32. . . |
F5lease and related expressions (in Part 4A) | section 393W |
lease and related expressions (in Part 10) | section 531 |
life assurance business | section 544(5) and section 431(2) of ICTA |
long-life asset (in Chapter 10 of Part 2) | section 91 |
long-life asset expenditure (in F12... Part 2) | section 90 |
market value | section 577(1) |
mineral asset (in Part 5) | section 397 |
mineral exploration and access (in Part 5) | section 396 |
mineral extraction trade (in Part 5) | section 394(2) |
mineral deposits (in Part 5) | section 394(3) |
F41motor cycle (in Part 2) | section 268A |
normal time limit for amending a tax return | section 577(1) |
notice | section 577(1) |
F13offshore installation (except in Chapter 13 of Part 2) | F21sections 1001 and 1002 of ITA 2007 andF47section 1132 of CTA 2010 |
oil (in Chapter 3 of Part 12) | section 556(3) |
oil licence (in Chapter 3 of Part 12) | section 552(1) |
F56ordinary overseas property business | section 17A |
F56ordinary UK property business | section 16 |
F55. . . | F55. . . |
overseas property business | F36Chapter 2 of Part 3 of ITTOIA 2005 (as applied by section 989 of ITA 2007) and Chapter 2 of Part 4 of CTA 2009 (as applied by F48section 1119 of CTA 2010) |
partial depreciation subsidy | section 209 |
patent rights (in Part 8) | section 464(2) |
planning permission (in Part 5) | section 436 |
F32. . . | F32. . . |
F28proceeds from a balancing event (in Part 3A) | section 360O |
F32. . . | F32. . . |
F6proceeds from a balancing event (in Part 4A) | section 393O |
proceeds from a balancing event (in Part 10) | section 515 |
property business | section 577(1) |
public body (in Chapter 1 of Part 11) | section 532(2) |
qualifying activity (in Part 2) | Chapter 2 of Part 2 |
F28qualifying building (in Part 3A) | section 360C |
F7qualifying building (in Part 4A) | section 393C |
F28qualifying business premises (in Part 3A) | section 360D |
qualifying dwelling-house (in Part 10) | section 490(2) and Chapter 4 of Part 10 |
F32. . . | F32. . . |
F41qualifying emissions certificate (in Part 2) | section 268C |
F28qualifying expenditure (in Part 3A) | section 360B |
qualifying expenditure attributable to a dwelling-house (in Part 10) | section 511 |
F8qualifying flat (in Part 4A) | section 393D |
qualifying hire car (in Part 2) | section 82 |
F32. . . | F32. . . |
qualifying non-trade expenditure (in Part 8) | section 469 |
qualifying trade expenditure (in Part 8) | section 468 |
F32. . . | F32. . . |
qualifying trade (in Part 9) | section 484(2) |
F32. . . | F32. . . |
F32. . . | F32. . . |
F53relevant cut-off (in Chapter 9 of Part 2) | section 86(3) |
F28relevant interest (in Part 3A) | Chapter 4 of Part 3A |
F32. . . | F32. . . |
F9relevant interest (in Part 4A) | Chapter 4 of Part 4A |
relevant interest (in Part 10) | Chapter 2 of Part 10 |
relevant trade (in Part 6) | section 439(3) |
research and development | section F22437(2) and (3) |
F32. . . | F32. . . |
F28residue of qualifying expenditure (in Part 3A) | section 360K |
F32. . . | F32. . . |
F10residue of qualifying expenditure (in Part 4A) | section 393L |
residue of qualifying expenditure attributable to a dwelling-house (in Part 10) | section 512 |
ring fence trade (in Chapter 13 of Part 2) | section 162(2) |
sale | section 572(1) to (3) |
sale, time of | section 572(4) |
sale, transfers under PartsF30... 3A,F30... 4A and 10 treated as | section 573 |
sale, treated as occurring on successions, for purposes of Parts other than Parts 2, 6 and 10 | section 559 |
F37. . . | F37. . . |
short-life asset (in Part 2) | section 83 |
source of mineral deposits (in Part 5) | section 394(5) |
special leasing (in Part 2) | section 19 |
F31special rate expenditure (in Part 2) | section 104A |
tax | F49section 1119 of CTA 2010 |
the Tax Acts | Schedule 1 to the Interpretation Act 1978 and section 831 of ICTA |
tax advantage | section 577(4) |
tax return | section 3(3) |
tax year | F23section 4(2) of ITA 2007 (as applied by section 989 of that Act) |
F56UK furnished holiday lettings business | section 17 |
UK oil licence | section 552(2) |
F15UK property business | F27...Chapter 2 of Part 3 of ITTOIA 2005F24(as applied by section 989 of ITA 2007)F38and Chapter 2 of Part 4 of CTA 2009 (as applied by F50section 1119 of CTA 2010) |
United Kingdom | |
unrelieved qualifying expenditure (in Part 2) | section 59 |
unrelieved qualifying expenditure (in Part 5) | section 419 |
unrelieved qualifying expenditure (in Part 7) | section 461 |
unrelieved qualifying expenditure (in Part 8) | section 475 |
within the charge to tax | |
F32. . . | F32. . . |
writing-down period (in Part 9) | section 487(2) |
Words in Sch. 1 Pt. 1 inserted (21.7.2009) by Finance Act 2009 (c. 10), s. 126(3)