- Latest available (Revised)
- Original (As enacted)
This is the original version (as it was originally enacted).
Part 3 Taxes and duties on importation and exportation: penalties
Chargeable interests, chargeable transactions and chargeable consideration
125.Abolition of stamp duty except on instruments relating to stock or marketable securities
127.Circumstances in which relief for company acquisitions withdrawn
128.Exemption of certain leases granted by registered social landlords
129.Relief for certain leases granted before section 128 has effect
130.Registered social landlords: treatment of certain leases granted between 1st January 1990 and 27 March 2000
Part 6 Income tax and corporation tax: charge and rate bands
Part 7 Income tax, corporation tax and capital gains tax: general
Employment income and related matters
137.Exemption where homeworker’s additional expenses met by employer
138.Taxable benefits: lower threshold for cars with a CO2 emissions figure
143.Restriction of deductions for employee benefit contributions
146.Payroll giving: extension of 10% supplement to 5th April 2004
147.Sub-contractor deductions etc: interest on late payment or repayment
Taxation of non-resident companies and related matters
149.Non-resident companies: basis of charge to corporation tax
150.Non-resident companies: assessment, collection and recovery of corporation tax
152.Non-resident companies: transactions carried out through broker, investment manager or Lloyd’s agent
153.General replacement of references to branch or agency of company
154.Double taxation relief: profits attributable to overseas permanent establishment
Part 9 Miscellaneous and supplementary provisions
SCHEDULES
Supply of electronic services in member States: VAT special accounting scheme
Stamp duty land tax: chargeable consideration
Stamp duty land tax: disadvantaged areas relief
Stamp duty land tax: group relief and reconstruction and acquisition reliefs
Part 2 Reconstruction and acquisition reliefs
10.Cases in which reconstruction or acquisition relief not withdrawn
11.Withdrawal of reconstruction or acquisition relief on subsequent non-exempt transfer
12.Recovery of reconstruction or acquisition relief from another group company or controlling director
13.Recovery of reconstruction or acquisition relief: supplementary
Stamp duty land tax: right to buy, shared ownership leases etc
2.Shared ownership lease: election for market value treatment
3.Transfer of reversion under shared ownership lease where election made for market value treatment
4.Shared ownership lease: election where staircasing allowed
5.Shared ownership leases: meaning of “qualifying body” and “preserved right to buy”
6.Rent to mortgage or rent to loan: chargeable consideration
Stamp duty land tax: returns, enquiries, assessments and appeals
Stamp duty land tax: collection and recovery of tax
Stamp duty land tax: information powers
Part 1 Power of authorised officer to call for documents or information from taxpayer
Part 2 Power of authorised officer to call for documents from third party
Part 6 Order of judicial authority for the delivery of documents
Stamp duty land tax: determination of penalties and related appeals
Stamp duty land tax: partnerships
Stamp duty land tax: General and Special Commissioners, appeals and other proceedings
Stamp duty land tax: commencement and transitional provisions
Stamp duty: restriction to instruments relating to stock or marketable securities
Approved share plans and schemes
2.Participation in more than one connected plan in a tax year
3.In paragraph 13 (eligibility of individuals: introduction), for the entry...
4.In paragraph 14(7) (eligibility to participate dependent on certain requirements...
5.In paragraph 18 (requirement not to participate in connected SIPs),...
6.After paragraph 71 insert— Duty to monitor participants in connected...
Employee securities and options
12.(1) For sections 698 and 699 (PAYE: conditional interests in...
13.(1) For section 700 (PAYE: gains from share options) substitute—...
14.(1) In section 701(2)(b) (“asset” not to include vouchers or...
15.(1) Section 702 (meaning of “readily convertible asset”) is amended...
17.(1) In section 7(6)(b) (employment income), for “(share-related income and...
18.(1) In section 19(2) (year in which earnings treated as...
19.(1) In section 32(2) (receipt of non-money earnings), omit the...
20.(1) In section 63(1) (the benefits code), omit the entries...
21.(1) In section 64 (relationship between earnings and benefits code),...
24.(1) Section 216 (provisions not applicable to lower-paid employments) is...
25.(1) Section 227(4) (employment income: exemptions) is amended as follows....
27.(1) Omit section 494 (no charge on removal of restrictions...
28.(1) Omit section 495 (approved share incentive plan shares: value...
29.(1) Omit section 518 (no charge in respect of acquisition...
31.(1) Omit section 520 (approved SAYE option schemes: no charge...
32.(1) Omit section 523 (no charge in respect of acquisition...
34.(1) Omit section 525 (approved CSOP schemes: no charge in...
35.(1) In section 526(4) (charge where approved CSOP scheme option...
36.(1) Omit section 528 (enterprise management incentives: no charge in...
37.(1) In section 531(4) (enterprise management incentives: limitation of charge...
38.(1) In section 532(5) (enterprise management incentives: modified tax consequences...
39.(1) In section 538 (share conversions excluded for purposes of...
40.(1) In section 540(1) (enterprise management incentives: notional loan provisions...
41.(1) In section 541 (enterprise management incentives: effect on other...
42.(1) Part 2 of Schedule 1 (index of defined expressions)...
43.(1) In paragraph 35 of Schedule 2 (approved share incentive...
44.(1) In paragraph 42(3) of Schedule 3 (approved SAYE option...
45.(1) Schedule 5 (enterprise management incentives) is amended as follows....
46.(1) Schedule 7 (transitionals and savings) is amended as follows....
48.(1) In section 4(4)(a) of— (a) the Social Security Contributions...
50.(1) After section 119 insert— Increase in expenditure by reference...
51.In section 120 (increase in expenditure by reference to tax...
52.(1) After section 149A insert— Restricted and convertible employment-related securities...
53.In section 149B (employee incentive schemes: conditional interests in shares),...
54.(1) In section 288 (interpretation), after subsection (1) insert—
55.(1) The Social Security Contributions (Share Options) Act 2001 (c....
56.In section 2(3)(b) (effect of notice under section 1), insert...
57.(1) Section 3 (special provision for roll-overs) is amended as...
58.In section 5(2)(c) (interpretation), for “483(1)” substitute “477(6)”.
59.Schedule 23 to this Act (corporation tax relief for employee...
61.(1) For paragraph 5(2) substitute— (2) Where the shares acquired...
62.(1) For paragraph 11(2) substitute— (2) Where the shares acquired...
63.(1) In paragraph 12, for “in exercise of” substitute “pursuant...
65.(1) For paragraph 14 substitute— Income tax position of the...
67.(1) In paragraph 17(1), for “in exercise of” substitute “pursuant...
68.(1) For Part 4 substitute— Part 4 Provisions applying in...
69.(1) After Part 4 insert— Part 4A Provisions applying in...
70.(1) In paragraph 23(2)(a), for “or 22” substitute “, 22...
72.(1) For paragraph 27 substitute— Acquisition of shares pursuant to...
Corporation tax relief for employee share acquisition
Part 4 Provisions applying in case of shares subject to forfeiture
Restriction of deductions for employee benefit contributions
Determination of profits attributable to permanent establishment: supplementary provisions
Non-resident companies: transactions through broker, investment manager or Lloyd’s agent
Capital gains tax: reporting limits and annual exempt amount
First-year allowances for expenditure on environmentally beneficial plant or machinery
Tax relief for expenditure on research and development
Part 1 Small and medium-sized enterprises: Schedule 20 to Finance Act 2000
2.Required minimum aggregate expenditure: reduction from £25,000 to £10,000
3.Required minimum aggregate expenditure: inclusion of new class of expenditure
4.Qualifying R&D expenditure: expenditure on externally provided workers
5.Staffing costs: persons partly engaged directly and actively in relevant R&D
7.Qualifying expenditure on sub-contracted R&D: externally provided workers
Part 2 Large companies: Part 1 of Schedule 12 to Finance Act 2002
Part 3 Work sub-contracted to SMEs: Part 2 of Schedule 12 to Finance Act 2002
Part 4 Entitlement of SME to certain relief available to large companies
Part 5 Supplementary: amendments to Parts 3 to 6 of Schedule 12 to Finance Act 2002
Part 6 Expenditure on vaccine research etc: Schedule 13 to Finance Act 2002
21.Reduction of required qualifying expenditure from £25,000 to £10,000
22.Direct research and development: qualifying expenditure on externally provided workers
23.Meaning of “qualifying expenditure on externally provided workers”
24.Relevant expenditure of sub-contractor: qualifying expenditure on externally provided workers
Tonnage tax: restrictions on capital allowances for lessors of ships
5.(1) In section 83AB(1)(c) of the Finance Act 1989 (treatment...
10.(1) Section 432E of the Taxes Act 1988 (apportionment of...
12.(1) In section 76(2B)(b) of the Taxes Act 1988 (expenses...
13.Rate of tax on policy holders' share of life assurance profits
16.(1) Section 213 of the Taxation of Chargeable Gains Act...
17.(1) Section 171A of the Taxation of Chargeable Gains Act...
19.(1) In the Taxes Act 1988, after section 444AA (inserted...
20.(1) In the Taxes Act 1988, after section 444AB (inserted...
22.(1) In section 431 of the Taxes Act 1988 (interpretative...
23.(1) Section 442A of the Taxes Act 1988 (investment return...
26.In section 432A(9A) of the Taxes Act 1988 (apportionment of...
28.Paragraphs 25 to 27 have effect in relation to periods...
31.In the Finance Act 1989, after section 90 insert— Interpretation...
Policies of life insurance etc: miscellaneous amendments
1.Exception of certain group life policies from Chapter 2 of Part 13
3.Retrospective exception of past and present pure protection group life policies
4.Existing group life policies: time for compliance with the conditions in section 539A
5.Deaths before 6th April 2004: period for insurer to give certificate under section 552(1)(a)
Sale and repurchase of securities etc
1.Increase of repurchase price of UK securities by amount of deemed manufactured dividend
2.Deemed manufactured payment where transferor or connected person makes payment representative of dividend
3.In section 737C of the Taxes Act 1988 (deemed manufactured...
6.In section 731(2D) of the Taxes Act 1988 (provisions about...
7.In section 737A(1) of the Taxes Act 1988 (deemed manufactured...
10.Option premium to be reflected in sale price unless brought into account under derivative contracts provisions
12.After section 730B of the Taxes Act 1988 insert— Exchange...
16.In section 730A(8)(b) of the Taxes Act 1988 (treatment of...
17.In section 737C(11A) of the Taxes Act 1988 (purposes for...
Relevant discounted securities: withdrawal of relief for costs and losses, etc
The Whole Act you have selected contains over 200 provisions and might take some time to download. You may also experience some issues with your browser, such as an alert box that a script is taking a long time to run.
Would you like to continue?
The Whole Act you have selected contains over 200 provisions and might take some time to download.
Would you like to continue?
The Whole Act you have selected contains over 200 provisions and might take some time to download. You may also experience some issues with your browser, such as an alert box that a script is taking a long time to run.
Would you like to continue?
The Whole Act without Schedules you have selected contains over 200 provisions and might take some time to download. You may also experience some issues with your browser, such as an alert box that a script is taking a long time to run.
Would you like to continue?
The Schedules you have selected contains over 200 provisions and might take some time to download. You may also experience some issues with your browser, such as an alert box that a script is taking a long time to run.
Would you like to continue?
Latest Available (revised):The latest available updated version of the legislation incorporating changes made by subsequent legislation and applied by our editorial team. Changes we have not yet applied to the text, can be found in the ‘Changes to Legislation’ area.
Original (As Enacted or Made): The original version of the legislation as it stood when it was enacted or made. No changes have been applied to the text.
Access essential accompanying documents and information for this legislation item from this tab. Dependent on the legislation item being viewed this may include:
Use this menu to access essential accompanying documents and information for this legislation item. Dependent on the legislation item being viewed this may include:
Click 'View More' or select 'More Resources' tab for additional information including: