LegalizeReform history
Finance Act 1985
11 versions
· 1985-07-25
2022-04-06
Finance Act 1985
2013-01-31
Finance Act 1985
2012-07-17
Finance Act 1985
2011-04-22
Finance Act 1985
2008-07-21
Finance Act 1985
Changes on 2008-07-21
@@ -117,67 +117,7 @@
##### 10
- (1) Any provision made by or under any enactment which requires a person, in connection with any assigned matter,—
- (a) to produce, furnish or deliver any document, or cause any document to be produced, furnished or delivered, or
- (b) to permit the Commissioners of Customs and Excise (in this section referred to as “*the Commissioners*”) or a person authorised by them—
- (i) to inspect any document, or
- (ii) to make or take extracts from or copies of or remove any document,
shall have effect as if any reference in that provision to a document were a reference to anything in which information of any description is recorded and any reference to a copy of a document were a reference to anything onto which information recorded in the documenthas been copied, by whatever means and whether directly or indirectly
- (2) In connection with any assigned matter, a person authorised by the Commissioners to exercise the powers conferred by this subsection—
- (a) shall be entitled at any reasonable time to have access to, and inspect and check the operation of, any computer and any associated apparatus or material which is or has been in use in connection with any document to which this subsection applies; and
- (b) may require—
- (i) the person by whom or on whose behalf the computer is or has been so used, or
- (ii) any person having charge of, or otherwise concerned with the operation of, the computer, apparatus or material,
to afford him such reasonable assistance as he may require for the purposes of paragraph (a) above.
- (3) Subsection (2) above applies to any document , within the meaning given by subsection(1) above, which, in connection with any assigned matter,a person is or may be required by or under any enactment—
- (a) to produce, furnish or deliver, or cause to be produced, furnished or delivered; or
- (b) to permit the Commissioners or a person authorised by them to inspect, make or take extracts from or copies of or remove.
- (4) Any person who—
- (a) obstructs a person authorised under subsection (2) above in the exercise of his powers under paragraph (a) of that subsection, or
- (b) without reasonable excuse fails to comply within a reasonable time with a requirement under paragraph (b) of that subsection,
shall be liable on summary conviction to a penalty of level 4 on the standard scale . . ..
- (5) In each of the enactments mentioned in subsection (6) below (which create offences in relation, among other matters, to false documents) “document” shall have the meaning given by subsection (1) above.
- (6) The enactments referred to in subsection (5) above are—
- (a) paragraph 4(1) of Schedule 1 to the Miscellaneous Transferred Excise Duties Act (Northern Ireland) 1972 (false statements and documents in connection with pool betting duty);
- (b) paragraph 8(1) of Schedule 2 to that Act (false statements and documents in connection with general betting duty);
- (c) section 167 of the Customs and Excise Management Act 1979 (untrue declarations etc.);
- (d) section 168 of that Act (counterfeit documents etc.);
- (e) section 15 of the Customs and Excise Duties (General Reliefs) Act 1979 (false statements and documents in connection with reliefs);
- (f) paragraph 13(3) of Schedule 1 to the Betting and Gaming Duties Act 1981 (false statements and documents in connection with betting duty);
- (g) paragraph 7(3) of Schedule 2 to that Act (false statements and documents in connection with gaming licence duty);
- (h) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
- (7) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
- (8) In this section “*assigned matter*” means any matter which is an assigned matter for the purposes of the Customs and Excise Management Act 1979.
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
### Chapter II — Value Added Tax
@@ -1260,13 +1200,7 @@
- (4) In section 15(1) of the Finance (No. 2) Act 1983 (relief from duty under section 74 of the 1910 Act for local constituency associations) for the words from “7 above” to the end there shall be substituted “7 above, section 57 of the Stamp Act 1891 shall not apply in relation to a conveyance or transfer by which the disposal or, in the case of paragraph (b), either of the disposals referred to in that paragraph is effected.”
- (5) An instrument—
- (a) in respect of which stamp duty would be chargeable by virtue of section 74 of the 1910 Act apart from this section, and
- (b) on which stamp duty is not chargeable under Part I of Schedule 13 to the Finance Act 1999 (conveyance or transfer on sale),
shall not be deemed to be duly stamped unless it has, in accordance with section 12 of the 1891 Act, been stamped with a particular stamp denoting that it is duly stamped or that it is not chargeable with any duty.
- (5) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
- (6) This section applies to—
@@ -1278,7 +1212,7 @@
- (8) The preceeding provisions of this section shall be deemed to have come into operation on 26th March 1985.
- (9) Subsection (5) above does not apply to an instrument which is required by regulations under section 87(1) or (2) below to be certified.
- (9) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
#### Transfers in connection with divorce etc.
@@ -1302,7 +1236,7 @@
- (d) is executed at any time in pursuance of an agreement of the parties made in contemplation of or otherwise in connection with the dissolution or annulment of the civil partnership, their judicial separation or the making of a separation order in respect of them.
- (2) An instrument in respect of which stamp duty is not chargeable under the heading mentioned in subsection (1) or (1A) above by virtue only of that subsection shall be chargeable under this subsection with stamp duty of £5.
- (2) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
- (3) This section applies to instruments executed on or after 26th March 1985 and shall be deemed to have come into operation on that date.
@@ -1328,13 +1262,13 @@
- (7) Where in Scotland, on an intestacy or otherwise, property is appropriated by a personal representative in or towards satisfaction of the right of a husband to *jus relicti,* of a wife to relictae, of issue to legitim or rights under section 131 of the Civil Partnership Act 2004, or of a civil partner to rights under section 131 of that Act, stamp duty under the heading mentioned in subsection (1) above shall not be chargeable on an instrument giving effect to the appropriation.
- (8) An instrument in respect of which stamp duty is not chargeable under the heading mentioned in subsection (1) above by virtue only of subsection (1), (4), (5) or (7) above shall be chargeable under this subsection with stamp duty of £5.
- (9) But an instrument which is chargeable under subsection (8) above shall not be treated as duly stamped unless it has, in accordance with section 12 of the Stamp Act 1891, been stamped with a particular stamp denoting that it is duly stamped.
- (8) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
- (9) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
- (10) Subject to subsection (11) below, this section applies to instruments executed on or after 26th March 1985 and shall be deemed to have come into operation on that date.
- (11) Subsections (5) to (7) above and, so far as it relates to subsection (5) or (7), subsection (8) above apply to instruments executed on or after 1st August 1985.
- (11) Subsections (5) to (7) above ... apply to instruments executed on or after 1st August 1985.
#### Repeal of certain fixed duties
@@ -4616,7 +4550,7 @@
## Part XI — Miscellaneous
#### Spirits, beer, wine, made-wine and cider.
#### . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
##### 13A
@@ -4632,7 +4566,7 @@
#### Chargeable periods relevant to limit on tax payable and expenditure supplement.
#### Short title interpretation, construction and repeals.
#### Extension of Provisional Collection of Taxes Act 1968 to reduced and composite rates.
#### Abolition of development land tax and tax on development gains.
@@ -4788,22 +4722,6 @@
[^c10029531]: [S. 9](https://www.legislation.gov.uk/ukpga/1985/54/section/9) repealed (1.9.1994) by [1994 c. 22](https://www.legislation.gov.uk/ukpga/1994/22), [ss. 65](https://www.legislation.gov.uk/ukpga/1994/22/section/65), [66(1)](https://www.legislation.gov.uk/ukpga/1994/22/section/66/1), [Sch. 5 Pt. I](https://www.legislation.gov.uk/ukpga/1994/22/schedule/5/part/I) (with [s. 57(4)](https://www.legislation.gov.uk/ukpga/1994/22/section/57/4))
[^c10029781]: Words in s. 10(1)(3)(5) substituted (31.1.1997) by [1995 c. 38](https://www.legislation.gov.uk/ukpga/1995/38), [s. 15(1)](https://www.legislation.gov.uk/ukpga/1995/38/section/15/1), [Sch. 1 para. 11(1)-(4)](https://www.legislation.gov.uk/ukpga/1995/38/schedule/1/paragraph/11/1) (with [ss. 1(3)](https://www.legislation.gov.uk/ukpga/1995/38/section/1/3), [6(4)(5)](https://www.legislation.gov.uk/ukpga/1995/38/section/6/4/5), [14](https://www.legislation.gov.uk/ukpga/1995/38/section/14)); [S.I. 1996/3217](https://www.legislation.gov.uk/uksi/1996/3217), [art. 2](https://www.legislation.gov.uk/uksi/1996/3217/article/2)
[^c10029801]: Words in s. 10(4) repealed (5.11.1993) by [1993 c. 50](https://www.legislation.gov.uk/ukpga/1993/50), [s. 1(1)](https://www.legislation.gov.uk/ukpga/1993/50/section/1/1), [Sch. 1 Pt. XIV](https://www.legislation.gov.uk/ukpga/1993/50/schedule/1/part/XIV)
[^c10029821]: [1972 c. 11 (N.I.)](https://www.legislation.gov.uk/apni/1972/11)
[^c10029831]: [1979 c. 2](https://www.legislation.gov.uk/ukpga/1979/2).
[^c10029841]: [1979 c. 3](https://www.legislation.gov.uk/ukpga/1979/3).
[^c10029851]: [1981 c. 63](https://www.legislation.gov.uk/ukpga/1981/63).
[^c10029871]: S. 10(7) repealed (31.1.1997) by [1995 c. 38](https://www.legislation.gov.uk/ukpga/1995/38), [s. 15(1)(2)](https://www.legislation.gov.uk/ukpga/1995/38/section/15/1/2), [Sch. 1 para. 11(5)](https://www.legislation.gov.uk/ukpga/1995/38/schedule/1/paragraph/11/5), [Sch. 2](https://www.legislation.gov.uk/ukpga/1995/38/schedule/2) (with [ss. 1(3)](https://www.legislation.gov.uk/ukpga/1995/38/section/1/3), [6(4)(5)](https://www.legislation.gov.uk/ukpga/1995/38/section/6/4/5), [14](https://www.legislation.gov.uk/ukpga/1995/38/section/14)); [S.I. 1996/3217](https://www.legislation.gov.uk/uksi/1996/3217), [art. 2](https://www.legislation.gov.uk/uksi/1996/3217/article/2)
[^c10029881]: [1979 c. 2](https://www.legislation.gov.uk/ukpga/1979/2)
[^c10029901]: [S. 11](https://www.legislation.gov.uk/ukpga/1985/54/section/11) repealed (1.9.1994 with effect as mentioned in [s. 101(1)](https://www.legislation.gov.uk/ukpga/1994/23/section/101/1) of the amending Act) by [1994 c. 23](https://www.legislation.gov.uk/ukpga/1994/23), [ss. 100(2)](https://www.legislation.gov.uk/ukpga/1994/23/section/100/2), [Sch. 15](https://www.legislation.gov.uk/ukpga/1994/23/schedule/15)
[^c10029921]: [S. 12](https://www.legislation.gov.uk/ukpga/1985/54/section/12) repealed (1.9.1994 with effect as mentioned in [s. 101(1)](https://www.legislation.gov.uk/ukpga/1994/23/section/101/1) of the amending Act) by [1994 c. 23](https://www.legislation.gov.uk/ukpga/1994/23), [ss. 100(2)](https://www.legislation.gov.uk/ukpga/1994/23/section/100/2), [Sch. 15](https://www.legislation.gov.uk/ukpga/1994/23/schedule/15)
@@ -4910,30 +4828,14 @@
[^c10034071]: [1891 c. 39](https://www.legislation.gov.uk/ukpga/1891/39).
[^c10034081]: [Ss. 82(5)](https://www.legislation.gov.uk/ukpga/1985/54/section/82/5), [84(9)](https://www.legislation.gov.uk/ukpga/1985/54/section/84/9) restricted by [S.I. 1987/516](https://www.legislation.gov.uk/uksi/1987/516), [reg. 5](https://www.legislation.gov.uk/uksi/1987/516/regulation/5)
[^c10034091]: Words in [s. 82(5)](https://www.legislation.gov.uk/ukpga/1985/54/section/82/5) substituted (27.7.1999 with effect in relation to instruments executed on or after 1.10.1999) by [1999 c. 16](https://www.legislation.gov.uk/ukpga/1999/16), [s. 112(4)(6)](https://www.legislation.gov.uk/ukpga/1999/16/section/112/4/6), [Sch. 14 para. 9](https://www.legislation.gov.uk/ukpga/1999/16/schedule/14/paragraph/9)
[^c10034121]: Words in s. 83(1) substituted (27.7.1999 with effect in relation to instruments executed on or after 1.10.1999) by [1999 c. 16](https://www.legislation.gov.uk/ukpga/1999/16), [s. 112(4)(6)](https://www.legislation.gov.uk/ukpga/1999/16/section/112/4/6), [Sch. 14 para. 10(a)](https://www.legislation.gov.uk/ukpga/1999/16/schedule/14/paragraph/10/a)
[^c10034131]: Ss. 83(2), 84(8) excluded by [S.I. 1987/516](https://www.legislation.gov.uk/uksi/1987/516), [reg. 2(1)(2)(b)](https://www.legislation.gov.uk/uksi/1987/516/regulation/2/1/2/b)
[^c10034141]: Word in s. 83(2) substituted (27.7.1999 with effect in relation to instruments executed on or after 1.10.1999) by [1999 c. 16](https://www.legislation.gov.uk/ukpga/1999/16), [s. 112(4)(6)](https://www.legislation.gov.uk/ukpga/1999/16/section/112/4/6), [Sch. 14 para. 10(b)](https://www.legislation.gov.uk/ukpga/1999/16/schedule/14/paragraph/10/b)
[^c10034251]: Words in s. 84(1) substituted (27.7.1999 with effect in relation to instruments executed on or after 1.10.1999) by [1999 c. 16](https://www.legislation.gov.uk/ukpga/1999/16), [s. 112(4)(6)](https://www.legislation.gov.uk/ukpga/1999/16/section/112/4/6), [Sch. 14 para. 11(a)](https://www.legislation.gov.uk/ukpga/1999/16/schedule/14/paragraph/11/a)
[^c10034261]: [1952 c. 64](https://www.legislation.gov.uk/ukpga/1952/64).
[^c10034271]: [1964 c. 41](https://www.legislation.gov.uk/ukpga/1964/41).
[^c10034281]: Ss. 83(2), 84(8) excluded by [S.I. 1987/516](https://www.legislation.gov.uk/uksi/1987/516), [reg. 2(1)(2)(b)](https://www.legislation.gov.uk/uksi/1987/516/regulation/2/1/2/b)
[^c10034291]: Word in s. 84(8) substituted (27.7.1999 with effect in relation to instruments executed on or after 1.10.1999) by [1999 c. 16](https://www.legislation.gov.uk/ukpga/1999/16), [s. 112(4)(6)](https://www.legislation.gov.uk/ukpga/1999/16/section/112/4/6), [Sch. 14 para. 11(b)](https://www.legislation.gov.uk/ukpga/1999/16/schedule/14/paragraph/11/b)
[^c10034301]: Ss. 82(5), 84(9) restricted by [S.I. 1987/516](https://www.legislation.gov.uk/uksi/1987/516), [reg. 5](https://www.legislation.gov.uk/uksi/1987/516/regulation/5)
[^c10034311]: [1891 c. 39](https://www.legislation.gov.uk/ukpga/1891/39).
[^c10034321]: [1907 c. 13](https://www.legislation.gov.uk/ukpga/1907/13).
[^c10034331]: [1891 c. 39](https://www.legislation.gov.uk/ukpga/1891/39).
@@ -5176,16 +5078,10 @@
[^c10034961]: [1971 c. 23](https://www.legislation.gov.uk/ukpga/1971/23).
[^key-0b98db896864bcc684f300a7f373296f]: [S. 10(6)(h)](https://www.legislation.gov.uk/ukpga/1985/54/section/10/6/h) repealed (22.7.2004) by [Statute Law (Repeals) Act 2004 (c. 14)](https://www.legislation.gov.uk/ukpga/2004/14), [Sch. 1 Pt. 9](https://www.legislation.gov.uk/ukpga/2004/14/schedule/1/part/9) Group 5
[^key-282394d113bda60eab0508d05c8a1c71]: [S. 10](https://www.legislation.gov.uk/ukpga/1985/54/section/10) excluded (18.4.2005) by [Commissioners for Revenue and Customs Act 2005 (c. 11)](https://www.legislation.gov.uk/ukpga/2005/11), [s. 53(1)](https://www.legislation.gov.uk/ukpga/2005/11/section/53/1), [Sch. 2 para. 8](https://www.legislation.gov.uk/ukpga/2005/11/schedule/2/paragraph/8); [S.I. 2005/1126](https://www.legislation.gov.uk/uksi/2005/1126), [art. 2(2)(d)](https://www.legislation.gov.uk/uksi/2005/1126/article/2/2/d)
[^key-8bc8f6254eff5a8723f9cb3a614ec2b1]: S. 83(1A) inserted (5.12.2005) by [Tax and Civil Partnership Regulations 2005 (S.I. 2005/3229)](https://www.legislation.gov.uk/uksi/2005/3229), [regs. 1(1)](https://www.legislation.gov.uk/uksi/2005/3229/regulation/1/1), [41(2)](https://www.legislation.gov.uk/uksi/2005/3229/regulation/41/2)
[^key-b4974c89bbdd25f7b735f84fd1041c95]: Words in s. 83 heading inserted (5.12.2005) by [Tax and Civil Partnership Regulations 2005 (S.I. 2005/3229)](https://www.legislation.gov.uk/uksi/2005/3229), [regs. 1(1)](https://www.legislation.gov.uk/uksi/2005/3229/regulation/1/1), [41(4)](https://www.legislation.gov.uk/uksi/2005/3229/regulation/41/4)
[^key-2575c79466ecf19d9c32ae7daf55d8b5]: Words in s. 83(2) inserted (5.12.2005) by [Tax and Civil Partnership Regulations 2005 (S.I. 2005/3229)](https://www.legislation.gov.uk/uksi/2005/3229), [regs. 1(1)](https://www.legislation.gov.uk/uksi/2005/3229/regulation/1/1), [41(3)](https://www.legislation.gov.uk/uksi/2005/3229/regulation/41/3)
[^key-98a003465c1546869d683722159ad8ae]: Words in s. 84(5) substituted (5.12.2005) by [Tax and Civil Partnership Regulations 2005 (S.I. 2005/3229)](https://www.legislation.gov.uk/uksi/2005/3229), [regs. 1(1)](https://www.legislation.gov.uk/uksi/2005/3229/regulation/1/1), [42(2)](https://www.legislation.gov.uk/uksi/2005/3229/regulation/42/2)
[^key-3a210972a37869ef7988a6009b96d7be]: Words in s. 84(6)(a) substituted (5.12.2005) by [Tax and Civil Partnership Regulations 2005 (S.I. 2005/3229)](https://www.legislation.gov.uk/uksi/2005/3229), [regs. 1(1)](https://www.legislation.gov.uk/uksi/2005/3229/regulation/1/1), [42(3)](https://www.legislation.gov.uk/uksi/2005/3229/regulation/42/3)
@@ -5194,10 +5090,24 @@
[^key-31a919953a17184ddcb6fcde96f849c9]: [Sch. 3 para. 2](https://www.legislation.gov.uk/ukpga/1985/54/schedule/3/paragraph/2) repealed (19.7.2006) by [Finance Act 2006 (c. 25)](https://www.legislation.gov.uk/ukpga/2006/25), [Sch. 26 Pt. 1(1)](https://www.legislation.gov.uk/ukpga/2006/25/schedule/26/part/1/1)
[^key-19d7a84b26f4bcd4b12d242358e9ddcf]: [S. 10](https://www.legislation.gov.uk/ukpga/1985/54/section/10) omitted (21.7.2008) by virtue of [Finance Act 2008 (c. 9)](https://www.legislation.gov.uk/ukpga/2008/9), [s. 114(8)(a)](https://www.legislation.gov.uk/ukpga/2008/9/section/114/8/a)
[^key-7a1a4e480c76f2eee0b2eabdb9a1114f]: [S. 82(5)](https://www.legislation.gov.uk/ukpga/1985/54/section/82/5) omitted (with effect in accordance with s. 100(3) of the commencing Act) by virtue of [Finance Act 2008 (c. 9)](https://www.legislation.gov.uk/ukpga/2008/9), [s. 100(1)](https://www.legislation.gov.uk/ukpga/2008/9/section/100/1)
[^key-8d435d98b9dac2f620873f7ab9c3ca9a]: [S. 82(9)](https://www.legislation.gov.uk/ukpga/1985/54/section/82/9) omitted (with effect in accordance with s. 100(3) of the commencing Act) by virtue of [Finance Act 2008 (c. 9)](https://www.legislation.gov.uk/ukpga/2008/9), [s. 100(1)](https://www.legislation.gov.uk/ukpga/2008/9/section/100/1)
[^key-d8a673270715e3e023a80c6ed9deaf6a]: [S. 83(2)](https://www.legislation.gov.uk/ukpga/1985/54/section/83/2) omitted (with effect in accordance with s. 99(2) of the commencing Act) by virtue of [Finance Act 2008 (c. 9)](https://www.legislation.gov.uk/ukpga/2008/9), [Sch. 32 para. 2](https://www.legislation.gov.uk/ukpga/2008/9/schedule/32/paragraph/2) (with [Sch. 32 para. 22(1)(a)](https://www.legislation.gov.uk/ukpga/2008/9/schedule/32/paragraph/22/1/a))
[^key-331a99a947f5dc45838351bf073d89da]: [S. 84(8)](https://www.legislation.gov.uk/ukpga/1985/54/section/84/8) omitted (with effect in accordance with s. 99(2) of the commencing Act) by virtue of [Finance Act 2008 (c. 9)](https://www.legislation.gov.uk/ukpga/2008/9), [Sch. 32 para. 3(a)](https://www.legislation.gov.uk/ukpga/2008/9/schedule/32/paragraph/3/a) (with [Sch. 32 para. 22(1)(a)](https://www.legislation.gov.uk/ukpga/2008/9/schedule/32/paragraph/22/1/a))
[^key-e3e1543c3a300d0e83c0e7ec6a832742]: [S. 84(9)](https://www.legislation.gov.uk/ukpga/1985/54/section/84/9) omitted (with effect in accordance with s. 99(2) of the commencing Act) by virtue of [Finance Act 2008 (c. 9)](https://www.legislation.gov.uk/ukpga/2008/9), [Sch. 32 para. 3(a)](https://www.legislation.gov.uk/ukpga/2008/9/schedule/32/paragraph/3/a) (with [Sch. 32 para. 22(1)(a)](https://www.legislation.gov.uk/ukpga/2008/9/schedule/32/paragraph/22/1/a))
[^key-53360e055a9125980ef2cf5727fe5d52]: Words in [s. 84(11)](https://www.legislation.gov.uk/ukpga/1985/54/section/84/11) omitted (with effect in accordance with s. 99(2) of the commencing Act) by virtue of [Finance Act 2008 (c. 9)](https://www.legislation.gov.uk/ukpga/2008/9), [Sch. 32 para. 3(b)](https://www.legislation.gov.uk/ukpga/2008/9/schedule/32/paragraph/3/b) (with [Sch. 32 para. 22(1)(a)](https://www.legislation.gov.uk/ukpga/2008/9/schedule/32/paragraph/22/1/a))
#### Chargeable periods relevant to limit on tax payable and expenditure supplement.
#### Qualifying asset; exclusion of land and certain buildings etc.
#### Capital transfer tax: conditional exemption.
The repeals under (4) above apply to instruments executed on or after 1st August 1985.
#### Abolition of development land tax and tax on development gains.
These repeals apply in relation to licences taken out after 19th March 1985.
2006-07-19
Finance Act 1985
2005-12-05
Finance Act 1985
2005-04-18
Finance Act 1985
2004-07-22
Finance Act 1985
1995-05-01
Finance Act 1985
1985-07-25
Finance Act 1985
original version
Text at this date