Income Tax (Earnings and Pensions) Act 2003

[^key-3839a120a977e93683317458f68c63f5]: Word in s. 417(2) omitted (6.4.2014) by virtue of Finance Act 2014 (c. 26), Sch. 8 paras. 46, 89 (with Sch. 8 paras. 90-96)

[^key-3864574c939b3627515f03c1ac422de1]: Words in Sch. 1 Pt. 1 inserted (19.11.2023) by The Income Tax (Tax Treatment of Carer Support Payment and Exemption of Social Security Benefits) Regulations 2023 (S.I. 2023/1148), regs. 1(1), 2(5)

[^key-388140a6d1a1a32c8597c56a893d17cf]: Words in s. 658(4) inserted (12.2.2019) by Finance Act 2019 (c. 1), s. 12(3)

[^key-3887a2c0479242491462e96356a99f8b]: Words in s. 610(1)(a) substituted (6.4.2006) by Finance Act 2004 (c. 12), s. 284(1), Sch. 31 para. 8(2)(a) (with Sch. 36)

[^key-388b33e89a5737a42f7989618c93ab3f]: Sch. 4 paras. 25A(7A)-(7F) inserted (6.4.2014) by Finance Act 2014 (c. 26), Sch. 8 paras. 176(5), 204 (with Sch. 8 paras. 205-215)

[^key-38a0b513f4df0bb9bdc8ba081155be12]: Words in s. 408(1) substituted (6.4.2006) by Finance Act 2004 (c. 12), s. 284(1), Sch. 35 para. 63(2) (with Sch. 36)

[^key-38a984115ad56450a13af58d39dba378]: Words in s. 152(2) omitted (with effect in accordance with s. 1(14) of the amending Act) by virtue of Finance (No. 2) Act 2017 (c. 32), s. 1(9)(a)

[^key-38d0b8ffbe55ca47d6344838ecc38800]: S. 81(3)(4) inserted (with effect in accordance with Sch. 2 para. 62 of the amending Act) by Finance Act 2017 (c. 10), Sch. 2 para. 3(3)

[^key-38fe63c7533165f94df2a1bd34f1a2ef]: Word in Sch. 5 para. 6(3) substituted (16.6.2012) by The Income Tax (Limits for Enterprise Management Incentives) Order 2012 (S.I. 2012/1360), arts. 1, 2(2)(b)

[^key-3912bbaa5b65d0bf3f836fb555d828b6]: Sch. 6 para. 66 repealed (6.4.2005) by Income Tax (Trading and Other Income) Act 2005 (c. 5), s. 883(1), Sch. 3 (with Sch. 2)

[^key-3917e2df152040309dab8c7ca41a3e1f]: Word in Sch. 1 Pt. 2 substituted (with effect in accordance with Sch. 2 para. 62 of the amending Act) by Finance Act 2017 (c. 10), Sch. 2 para. 61

[^key-3955f3a7187a9856140788e9fc42078b]: Word in s. 63(1) inserted (with effect in accordance with s. 13(4) of the amending Act) by Finance Act 2015 (c. 11), Sch. 1 para. 5(2)(a)

[^key-39601040d618fc7ca4e5bf40f7727d34]: Pt. 3 Ch. 9 repealed (with effect in accordance with Sch. 22 para. 23(2) of the amending Act) by Finance Act 2003 (c. 14), Sch. 22 para. 23(1), Sch. 43 Pt. 3(4)

[^key-39bcf5817a2988c2e87d9cbe8c0086c1]: S. 395C inserted (27.4.2017) by Finance Act 2017 (c. 10), Sch. 3 para. 6

[^key-39cbbde67d4cd4b673b490e05891a58a]: Word in Sch. 3 para. 38(3) omitted (6.4.2014) by virtue of Finance Act 2014 (c. 26), Sch. 8 paras. 115(3), 146 (with Sch. 8 paras. 147-157)

[^key-39eab087b5e434dd274fe4e87e89a968]: S. 25 omitted (with effect in accordance with Sch. 7 para. 81 of the amending Act) by virtue of Finance Act 2008 (c. 9), Sch. 7 para. 18

[^key-39f2618a78119c4266c5b2f8c88275fc]: Words in s. 703(a) substituted (with effect in accordance with s. 6(2) of the amending Act) by Finance (No. 2) Act 2017 (c. 32), s. 6(1)

[^key-3a33569462cf093567d47bf386bf558d]: Words in Sch. 5 para. 23(6) substituted (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. 399(4)(b) (with Sch. 2)

[^key-3a395bdff24f0529762530eb6fc23be7]: S. 87(2A)(2B) inserted (with effect in accordance with s. 1(14) of the amending Act) by Finance (No. 2) Act 2017 (c. 32), s. 1(2)(b)

[^key-3a635af5dcbb40c405151b4d1591c8c5]: Words in Sch. 1 Pt. 2 Table substituted (6.4.2007) by Income Tax Act 2007 (c. 3), s. 1034(1), Sch. 1 para. 446(5) (with Sch. 2)

[^key-3a82cfde06c91c5bd7f715e60f47b40c]: S. 640A inserted (with effect in accordance with s. 19(9) of the amending Act) by Finance Act 2005 (c. 7), s. 19(5)

[^key-3a9b7c448f9428de538aef71d674e814]: Sch. 2 para. 92(2) substituted (with effect in accordance with Sch. 2 para. 58 of the amending Act) by Finance Act 2013 (c. 29), Sch. 2 para. 55

[^key-3a9dbd1255204a5af6834b5faf385439]: Words in Sch. 5 para. 30(7)(a) substituted (6.4.2014) by Finance Act 2014 (c. 26), Sch. 8 paras. 51, 89 (with Sch. 8 paras. 90-96)

[^key-3ad804fb7665b221a1769b377061ebbe]: Sch. 3 para. 34(5A) inserted (10.7.2003) by Finance Act 2003 (c. 14), Sch. 21 para. 11(4)

[^key-3ada096baf0ee1fd1de90ac63d178ab2]: Ss. 402A-402E inserted (with effect in accordance with s. 5(10) of the amending Act) by Finance (No. 2) Act 2017 (c. 32), s. 5(3)

[^key-3b22f2eca240ba8f6b43538d6baee353]: Words in s. 611(3) substituted (6.4.2006) by Finance Act 2004 (c. 12), s. 284(1), Sch. 31 para. 9 (with Sch. 36)

[^key-3b2e44a6bfbf24d47f014f11416033c9]: Sch. 2 paras. 30-33 omitted (with effect in accordance with Sch. 2 para. 58 of the amending Act) by virtue of Finance Act 2013 (c. 29), Sch. 2 para. 48

[^key-3b4edb5e9c5b051721ddbbd9b1ca18b7]: S. 318C(2)(c) substituted (1.9.2008) by The Income Tax (Qualifying Child Care) Regulations 2008 (S.I. 2008/2170), regs. 1, 3(2)(c)

[^key-3b54a797e58eeb46f9ae82d2043b5f47]: Words in Sch. 5 para. 44(4) substituted (with effect in accordance with Sch. 8 para. 223 of the amending Act) by Finance Act 2014 (c. 26), Sch. 8 paras. 217(3), 222

[^key-3b681952a0aaac1ac2ea95af12ae42e6]: S. 106(2A) inserted (with effect in accordance with Sch. 2 para. 62 of the amending Act) by Finance Act 2017 (c. 10), Sch. 2 para. 17(3)

[^key-3b8104d4e85a4664debf6b6a79d2eb00]: S. 554C(1)(aa)(ab) inserted (with effect in accordance with Sch. 6 para. 13 of the amending Act) by Finance Act 2017 (c. 10), Sch. 6 para. 3(2)

[^key-3b96c379bf7a065afa81c9a3ec4b43dc]: Sch. 3 para. 24(2) repealed (6.4.2005) by Income Tax (Trading and Other Income) Act 2005 (c. 5), s. 883(1), Sch. 1 para. 618(7), Sch. 3 (with Sch. 2)

[^key-3b9bf96b878e6b67fd6729adcdfe113e]: Words in s. 677(1) Table B Pt. 1 omitted (6.4.2017) by virtue of Pensions Act 2014 (c. 19), s. 56(1), Sch. 16 para. 48; S.I. 2017/297, art. 3(2) (with arts. 4, 5)

[^key-3ba7d44cf8d224a8037b40dbc8e0f464]: Words in s. 498(2)(e) omitted (17.7.2013) by virtue of Finance Act 2013 (c. 29), Sch. 2 para. 2 (with Sch. 2 para. 17)

[^key-3bb1cd63ae735b0718f97f750bfbb96d]: S. 577(3) repealed (22.7.2004) by Finance Act 2004 (c. 12), Sch. 17 para. 9(4)(b), Sch. 42 Pt. 2(12)

[^key-3bcdcc32ef4c7cfe489b59396be5f867]: Words in s. 10(4) substituted (with effect in accordance with Sch. 9 para. 48 of the amending Act) by Finance Act 2014 (c. 26), Sch. 9 para. 4, 47

[^key-3bd1155ce5b0dfdd412c6490bf6c9dd1]: Words in s. 137(2A) inserted (6.4.2020 with effect for the tax year 2020-21 and subsequent tax years) by Finance Act 2020 (c. 14), s. 8(3)(a)(i)(5)

[^key-3c7751a49b6e4b4402b4a5a6adc5f990]: Words in Sch. 2 para. 100 Table substituted (6.4.2007) by Income Tax Act 2007 (c. 3), s. 1034(1), Sch. 1 para. 447(3)(e) (with Sch. 2)

[^key-3c7fd1c06a89911af56f78c7074e8094]: Words in s. 686(1) inserted (20.7.2005) by Finance (No. 2) Act 2005 (c. 22), s. 10(5)

[^key-3c8d74b938b5111bd27267483861437d]: S. 297A inserted (with effect in accordance with s. 64(2) of the amending Act) by Finance Act 2007 (c. 11), s. 64(1)

[^key-3cb780f1fac68f7d4e06d82dea7ff126]: Words in Sch. 1 Pt. 1 inserted (with effect in accordance with s. 381(1) of the amending Act) by Taxation (International and Other Provisions) Act 2010 (c. 8), s. 381(1), Sch. 8 para. 323 (with Sch. 9 paras. 1-9, 22)

[^key-3cbea86c35ce6175a062bb7b38ae6a50]: Word in s. 270A(1) inserted (21.4.2017) by Childcare Payments Act 2014 (c. 28), ss. 63(2)(a), 75(2); S.I. 2017/578, reg. 3(f) (with reg. 8)

[^key-3ce390ac78a681595bf0203a31f8f991]: Word in Sch. 7 para. 64 substituted (16.4.2003 for specified purposes, otherwise 1.9.2003) by Finance Act 2003 (c. 14), Sch. 22 para. 46(22)(a)(26)(d); S.I. 2003/1997, art. 2

[^key-3cee0188feffb796133261ccc8b49fcc]: Words in Sch. 5 para. 59 substituted (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. 399(6) (with Sch. 2)

[^key-3cf7b4fe384dfebffef2b678c27f6515]: S. 527(3)(c) and word omitted (with effect in accordance with Sch. 3 para. 9(4) of the amending Act) by virtue of Finance Act 2016 (c. 24), Sch. 3 para. 9(3)(b)

[^key-3d032fb50c90449d076c4fe82da960e3]: Words in Sch. 2 para. 25(1) omitted (with effect in accordance with Sch. 2 para. 58 of the amending Act) by virtue of Finance Act 2013 (c. 29), Sch. 2 para. 47(b)

[^key-3d368207ae49cc32d96a4aa065d2d640]: S. 15(1)(1A) substituted for s. 15(1) (with effect in accordance with Sch. 45 para. 153(2) of the amending Act) by Finance Act 2013 (c. 29), Sch. 45 para. 58(1)

[^key-3d3c9a47f5cce58f6d3de957c5bb44b4]: Words in s. 554Z(9) inserted (16.11.2017) by Finance (No. 2) Act 2017 (c. 32), Sch. 11 para. 46(4)

[^key-3d4c29a53966ebd695faa0fa3bbf36ba]: S. 61K(3)(4) inserted (with effect in accordance with Sch. 1 para. 25 of the amending Act) by Finance Act 2020 (c. 14), Sch. 1 para. 9(3) (with Sch. 1 paras. 30-34)

[^key-3d543f08bceaa4106ba7c8b70ed56de7]: S. 54(1) applied in part (with effect in accordance with reg. 1(2) of the amending S.I.) by The Pension Protection Fund (Tax) (2005-06) Regulations 2005 (S.I. 2005/1907), regs. 1(1), 13

[^key-3dba25b1e16ab7fb34d631e7d6565964]: S. 420(1)(h) and word inserted (14.8.2007) by The Employment Income (Meaning of Securities) Order 2007 (S.I. 2007/2130), arts. 1, 2(b)

[^key-3e2247aa2b7ff1e9f5fc31a0e4f4a49a]: S. 402D(6A) inserted (with effect in accordance with s. 22(8) of the amending Act) by Finance Act 2021 (c. 26), s. 22(7)(c)

[^key-3e38b86cee2215e776e710d32c157e07]: S. 421G repealed (18.6.2004 with effect in accordance with s. 88(11)-(13) of the amending Act) by Finance Act 2004 (c. 12), s. 88(2), Sch. 42 Pt. 2(11)

[^key-3e3ccef0ee52d2fdbc0fe825635dbb10]: S. 148(2B) inserted (with effect in accordance with Sch. 2 para. 62 of the amending Act) by Finance Act 2017 (c. 10), Sch. 2 para. 33(5)

[^key-3e4a9fe937d7b87ca8db8d701416a782]: Words in s. 579B inserted (with effect in accordance with Sch. 16 para. 85 of the amending Act) by Finance Act 2011 (c. 11), Sch. 16 para. 22(2)

[^key-3e5bcb4ac3bd28526c0dbab0b0847b6e]: Words in s. 554E(4)(a)(b) substituted (6.4.2014) by Finance Act 2014 (c. 26), Sch. 8 paras. 200(4), 204 (with Sch. 8 paras. 205-215)

[^key-3e75142eb4c41209ff368a4aad05ad67]: Ss. 205A, 205B inserted (with effect in accordance with s. 8(5) of the amending Act) by Finance Act 2017 (c. 10), s. 8(3)

[^key-3e796c781663d24488b0b8c694674950]: Sch. 3 para. 40A(5A)-(5D) inserted (with effect in accordance with Sch. 3 para. 4(4) of the amending Act) by Finance Act 2016 (c. 24), Sch. 3 para. 4(2)

[^key-3ebd89ece66fdedc6f6d5c62270d6db5]: S. 493(3A) inserted (6.4.2005) by Income Tax (Trading and Other Income) Act 2005 (c. 5), s. 883(1), Sch. 1 para. 600(3) (with Sch. 2)

[^key-3f09b594a04a8f7cbd5651c526f3dd8c]: Words in s. 148(1) substituted (with effect in accordance with Sch. 2 para. 62 of the amending Act) by Finance Act 2017 (c. 10), Sch. 2 para. 33(2)(b)

[^key-3f5da1de6210cd6cd597142e224e7e46]: Pt. 7A Ch. 2 disapplied (with effect in accordance with reg. 1(2) of the amending S.I.) by The Employment Income Provided Through Third Parties (Excluded Relevant Steps) Regulations 2011 (S.I. 2011/2696), regs. 1(1), 3, 4

[^key-3f703765e5ac352f9cacfde395af927b]: S. 147A inserted (with effect in accordance with Sch. 2 para. 62 of the amending Act) by Finance Act 2017 (c. 10), Sch. 2 para. 32

[^key-3f708660a034b5751b960d2c2180ba43]: Words in Sch. 3 para. 37(6) inserted (17.7.2013) by Finance Act 2013 (c. 29), Sch. 2 para. 24(6)(a) (with Sch. 2 para. 24(7))

[^key-3f8457b49296f748dcab53d808d027b6]: Words in Sch. 5 para. 59 Table substituted (6.4.2007) by Income Tax Act 2007 (c. 3), s. 1034(1), Sch. 1 para. 450(4)(d) (with Sch. 2)

[^key-3fac35128ed6b900c66fa3f365e24450]: Words in s. 685(1)(b)(i) inserted (20.7.2011) by The Finance Act 2009 (Consequential Amendments) Order 2011 (S.I. 2011/1583), arts. 1, 2(5)(c)(ii)

[^key-3fbd858ab29ca508b709e2168f31a2d5]: Words in s. 158(1)(b) substituted (with effect in accordance with s. 1(14) of the amending Act) by Finance (No. 2) Act 2017 (c. 32), s. 1(10)(a)

[^key-3fc8cd40dab32462e789574cb7552b74]: Words in s. 318D heading inserted (with effect in accordance with Sch. 8 paras. 7-10 of the amending Act) by Finance Act 2011 (c. 11), Sch. 8 para. 6

[^key-3febf1c53550ed012abd5960b12f050f]: Words in Sch. 4 para. 37 substituted (6.4.2007) by Income Tax Act 2007 (c. 3), s. 1034(1), Sch. 1 para. 449(a) (with Sch. 2)

[^key-3ff7c4b7ae477d31109f148ff43b8230]: Sch. 2 para. 68(6) omitted (with effect in accordance with Sch. 2 para. 90(4)(5) of the amending Act) by virtue of Finance Act 2013 (c. 29), Sch. 2 para. 90(3)

[^key-40344d5264f4f3622bfa01922e18bfd1]: S. 111(3) substituted (1.4.2009) by The Transfer of Tribunal Functions and Revenue and Customs Appeals Order 2009 (S.I. 2009/56), art. 1(2), Sch. 1 para. 336(3)

[^key-4046072be3abd9d6673fa7ba3e3f6416]: S. 54(1) applied in part (6.4.2006) by The Pension Protection Fund (Tax) Regulations 2006 (S.I. 2006/575), regs. 1, 39

[^key-40583033f317e50b39eaf13d02d7ab65]: Sch. 1 entry omitted (with effect in accordance with Sch. 7 para. 81 of the amending Act) by virtue of Finance Act 2008 (c. 9), Sch. 7 para. 40(b)

[^key-406efba9e3c7d6cab6d792f72e49b62a]: Words in Sch. 7 para. 46(1) inserted (1.9.2003) by Finance Act 2003 (c. 14), Sch. 22 para. 46(8)(26)(c); S.I. 2003/1997, art. 2

[^key-4083b0a50a6172f1ae26a90b6c9b6ecd]: Words in s. 95(1) inserted (with effect in accordance with Sch. 2 para. 62 of the amending Act) by Finance Act 2017 (c. 10), Sch. 2 para. 51

[^key-408b206975a30b8cd3257fcbfaa9ea8b]: Sch. 3 para. 38(2A)(2B) inserted (17.7.2013) by Finance Act 2013 (c. 29), Sch. 2 para. 25(3) (with Sch. 2 para. 25(4))

[^key-40c9bd30ba2ed9d57dea54d49f4b15b5]: Words in Sch. 1 Pt. 2 Table substituted (6.4.2007) by Income Tax Act 2007 (c. 3), s. 1034(1), Sch. 1 para. 446(31) (with Sch. 2)

[^key-40d9794e1ac55083e435d4ad5fe73e21]: S. 684(7AA)(7AB) inserted (21.7.2009) by Finance Act 2009 (c. 10), Sch. 58 para. 6

[^key-40db1d0db55c5d3f90de3c75b269e576]: Words in s. 318B(1) substituted (21.4.2017) by Childcare Payments Act 2014 (c. 28), ss. 64(5), 75(2); S.I. 2017/578, reg. 3(f) (with reg. 8)

[^key-40f5a8b4ac052a8633a4a63f01166fc7]: Words in s. 297A(2) substituted (with effect in accordance with s. 16(5) of the amending Act) by Finance Act 2012 (c. 14), s. 16(2)

[^key-40fa48242ed502bd5ba20b85d081a94b]: Words in s. 22(1) substituted (with effect in accordance with Sch. 7 para. 81 of the amending Act) by Finance Act 2008 (c. 9), Sch. 7 para. 14(2) (with Sch. 7 para. 82)

[^key-41055958f8a43cf81f63c0587d9685bd]: Word in s. 343(2) Table inserted (1.4.2015) by The Income Tax (Professional Fees) Order 2015 (S.I. 2015/886), arts. 1, 2(b)

[^key-410675fce98b81e1f913adc3bc0cc0f0]: Words in Sch. 5 para. 46(3) substituted (18.4.2005) by Commissioners for Revenue and Customs Act 2005 (c. 11), s. 53(1), Sch. 4 para. 103(1)(y); S.I. 2005/1126, art. 2(2)(h)

[^key-41210819a5f9bf2b4c4fa6a917d3bff5]: S. 688A inserted (retrospective to 6.4.2007) by Finance Act 2007 (c. 11), s. 25(2), Sch. 3 para. 6

[^key-416dcf76180dd43adf908343a0cc0fff]: Word in s. 446B(4) omitted (with effect in accordance with Sch. 2 paras. 52-59 of the amending Act) by virtue of Finance Act 2011 (c. 11), Sch. 2 para. 19(a)

[^key-4177a31da5f035e2b515080ba174795b]: Words in s. 160(1)(c) substituted (with effect in accordance with s. 10(8) of the amending Act) by Finance Act 2015 (c. 11), s. 10(5)

[^key-4187699a381ea74d8bc5d4e2cdb78141]: Words in s. 403 heading inserted (with effect in accordance with s. 5(10) of the amending Act) by Finance (No. 2) Act 2017 (c. 32), s. 5(4)(f)

[^key-41978b6f0c9e175f1a02c861b8f5b86b]: Words in s. 22 heading substituted (with effect in accordance with Sch. 46 para. 25 of the amending Act) by Finance Act 2013 (c. 29), Sch. 46 para. 7(2)(a) (with Sch. 46 para. 26)

[^key-41a4fe6f7d18546ed7107374da872275]: Words in s. 134(1)(b) inserted (24.2.2022) by Finance Act 2022 (c. 3), Sch. 18 para. 3(a)(i)

[^key-41f7c293e25e08ba4bfd397d4bb72d8d]: Words in s. 271(2) substituted (with effect in accordance with Sch. 2 paras. 52-59 of the amending Act) by Finance Act 2011 (c. 11), Sch. 2 para. 12(3)

[^key-420b9cb56d3fdbed24c5a473ecdb75f1]: Word in s. 403(1) substituted (with effect in accordance with s. 5(10) of the amending Act) by Finance (No. 2) Act 2017 (c. 32), s. 5(4)(a)

[^key-421684455a28a0ac54eccb429b564029]: Words in cross-heading substituted (with effect in accordance with Sch. 46 para. 25 of the amending Act) by Finance Act 2013 (c. 29), Sch. 46 para. 7(2)(b) (with Sch. 46 para. 26)

[^key-4224bb29a8a399cdc1b00c669891d7d0]: Words in s. 516(1)(b) substituted (6.4.2014) by Finance Act 2014 (c. 26), Sch. 8 paras. 99(3)(b), 146 (with Sch. 8 paras. 147-157)

[^key-424b424e148398748b99148973f2640d]: Words in s. 100 substituted (with effect in accordance with Sch. 2 para. 62 of the amending Act) by Finance Act 2017 (c. 10), Sch. 2 para. 10

[^key-424b4653ac38802193d73feed70b74c0]: Words in s. 472(2) substituted (18.6.2004 with application in accordance with s. 90(5) of the amending Act) by Finance Act 2004 (c. 12), s. 90(3)

[^key-4251abda62f510df17a264a55e2f48f5]: Words in s. 308 inserted (with effect in accordance with s. 11(2) of the amending Act) by Finance Act 2013 (c. 29), s. 11(1)

[^key-42596e3fad235adb89bd46773015f898]: Words in s. 498(2)(c) substituted (6.4.2006) by The Transfer of Undertakings (Protection of Employment) Regulations 2006 (S.I. 2006/246), reg. 1(2), Sch. 2 para. 12(2) (with reg. 21(1))

[^key-427c6d5f755723778ad0d9c3eeabd43b]: Words in s. 517(1)(a) substituted (6.4.2014) by Finance Act 2014 (c. 26), Sch. 8 paras. 100, 146 (with Sch. 8 paras. 147-157)

[^key-42c5022897557f14350cdd2a3a8f7ce8]: Words in s. 661 inserted (18.3.2008 for specified purposes, 27.10.2008 in so far as not already in force) by Welfare Reform Act 2007 (c. 5), s. 70(2), Sch. 3 para. 24(4); S.I. 2008/787, art. 2(1)(4)(f), Sch.

[^key-42f6a64c32008a09ce46d9c6c3a7f06e]: S. 572A inserted (with effect in accordance with Sch. 45 para. 153(3) of the amending Act) by Finance Act 2013 (c. 29), Sch. 45 para. 129

[^key-430e3c00ade51c9c9b761345be9cfd25]: S. 360(3) inserted (with effect in accordance with Sch. 4 para. 1(6) of the amending Act) by Finance (No. 2) Act 2010 (c. 31), Sch. 4 para. 1(3)

[^key-43241b3cc64e1c49533ef5a098f70034]: Words in s. 49(1)(a) substituted (with effect in accordance with s. 136(4) of the amending Act) by Finance Act 2003 (c. 14), s. 136(2)

[^key-432d87ed2f4b3afd7fa764e673717f7c]: Word in Sch. 5 para. 51(1) substituted (18.4.2005) by Commissioners for Revenue and Customs Act 2005 (c. 11), s. 53(1), Sch. 4 para. 124(e); S.I. 2005/1126, art. 2(2)(h)

[^key-4337a190c4367dc2de3e1ac908846d31]: S. 271(2A) inserted (with effect in accordance with Sch. 2 paras. 52-59 of the amending Act) by Finance Act 2011 (c. 11), Sch. 2 para. 12(4)

[^key-433f7f657ce9dc2fb00fb3e874eca0b7]: Words in s. 365 heading substituted (with effect in accordance with s. 8(5) of the amending Act) by Finance Act 2017 (c. 10), s. 8(4)(c)

[^key-4346380db17c94e644c2d762dd81535a]: Sch. 1 Pt. 1 modified (with effect in accordance with regs. 7, 8 of the amending S.I.) by The Income Tax (Exemption of Social Security Benefits) Regulations 2022 (S.I. 2022/529), regs. 1(1), 6

[^key-4352a313b807d2048f78d3775b87a4c5]: Word in s. 318C(4)(a) inserted (6.4.2011) by The Income Tax (Qualifying Child Care) Regulations 2011 (S.I. 2011/775), regs. 1, 3(3)(a)

[^key-438db30a4a02d60e89b76b79cdafaa65]: S. 394(4C)(c) substituted (with effect in accordance with Sch. 45 para. 153(2) of the amending Act) by Finance Act 2013 (c. 29), Sch. 45 para. 65(3)

[^key-43ab43db6b305dfb1168eafa90694a41]: Words in s. 102(1) renumbered as s. 102(1A) (with effect in accordance with Sch. 2 para. 62 of the amending Act) by Finance Act 2017 (c. 10), Sch. 2 para. 13(3)

[^key-43cf7cb514150d6d4a8ca226169f1b52]: Words in s. 689(1)(d) substituted (20.7.2011) by The Finance Act 2009 (Consequential Amendments) Order 2011 (S.I. 2011/1583), arts. 1, 2(7)(a)

[^key-43d69797bf608548932aeb185bbdaac7]: Words in s. 134(1)(c) inserted (24.2.2022) by Finance Act 2022 (c. 3), Sch. 18 para. 3(c)(i)

[^key-43fc532689ba770a89048cd881af7a06]: S. 381(c)(d) substituted for s. 381(c)-(e) (6.4.2006) by Finance Act 2004 (c. 12), s. 284(1), Sch. 35 para. 61 (with Sch. 36)

[^key-440e090efe0f898681f063247dd368dd]: Words in s. 362(1)(a) substituted (with effect in accordance with Sch. 2 para. 62 of the amending Act) by Finance Act 2017 (c. 10), Sch. 2 para. 54

[^key-44117a12a3f99e2d18103f3c9676f571]: Words in s. 479(9)(b) substituted (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. 390 (with Sch. 2)

[^key-441541723b1735f1d1538ea55e84bcc2]: S. 61L(1)(g) and word inserted (with effect in accordance with Sch. 1 para. 25 of the amending Act) by Finance Act 2020 (c. 14), Sch. 1 para. 10(c) (with Sch. 1 paras. 30-34)

[^key-4427b174e05bbf5d265011a521c71ee6]: Words in s. 307(1) inserted (6.4.2006) by Finance Act 2004 (c. 12), ss. 201(1), 284(1) (with Sch. 36)

[^key-449e2897d70abf32263a09dd30262164]: Word in s. 420(5)(e) inserted (with effect in accordance with s. 92(5) of the amending Act) by Finance Act 2006 (c. 25), s. 92(3)

[^key-44c066ef1d9557c50817db7e04478d03]: Words in Sch. 5 para. 23(4)(c) substituted (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. 399(4)(a)(i) (with Sch. 2)

[^key-44c777ef205a9198e63d7c4105845d0b]: Sch. 6 para. 103 repealed (with effect in accordance with s. 381(1) of the amending Act) by Taxation (International and Other Provisions) Act 2010 (c. 8), s. 381(1), Sch. 10 Pt. 1 (with Sch. 9 paras. 1-9, 22)

[^key-451098f3cc102fdb92e5b1be1c47a168]: Ss. 393-393B substituted for s. 393 (6.4.2006) by Finance Act 2004 (c. 12), ss. 249(3), 284(1) (with Sch. 36)

[^key-451548ae7157d5d5f73cd3f2111476c0]: S. 351(5) omitted (coming into force for the tax year 2012-13 and subsequent tax years) by virtue of Finance Act 2010 (c. 13), Sch. 6 paras. 17(6), 34(2); S.I. 2012/736, art. 13

[^key-453f373a364ec4f182091ba233e1b37c]: Words in s. 68(3) substituted (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. 383(3) (with Sch. 2)

[^key-45494857ef1ae574b3bad5e29981990b]: Words in Sch. 3 para. 9 omitted (with effect in accordance with Sch. 2 para. 43 of the amending Act) by virtue of Finance Act 2013 (c. 29), Sch. 2 para. 40

[^key-458c6a4a8ebfe7892780efcb1a0aa99a]: Words in Sch. 1 Pt. 2 substituted (with effect in accordance with s. 14(5) of the amending Act) by Finance Act 2012 (c. 14), s. 14(4)

[^key-459265adb04974b55f1ec79cab8380f7]: S. 576A modified (6.4.2015) by Taxation of Pensions Act 2014 (c. 30), Sch. 1 para. 84

[^key-45a66bff9cc08ceb488c31ba56c3f9e1]: Word in s. 684(7AA) substituted (20.7.2011) by The Finance Act 2009 (Consequential Amendments) Order 2011 (S.I. 2011/1583), arts. 1, 2(3)

[^key-45c38e49b793fb342577c49ec89d6097]: Words in s. 206(3)(a) substituted (with effect in accordance with s. 17(4) of the amending Act) by Finance Act 2005 (c. 7), s. 17(2)

[^key-45e015bebb7f96f4002d88e59664cf0a]: Words in Sch. 5 para. 59 Table inserted (1.4.2009) by The Transfer of Tribunal Functions and Revenue and Customs Appeals Order 2009 (S.I. 2009/56), art. 1(2), Sch. 1 para. 357(4)

[^key-45e28bd6dc34f4db2124f7593e707379]: Words in Sch. 4 para. 26(2)(b) inserted (26.6.2020) by Corporate Insolvency and Governance Act 2020 (c. 12), s. 49(1), Sch. 9 para. 25(3) (with ss. 2(2), 5(2))

[^key-46177353e7f89b5a40d799b798799c90]: Word in Sch. 4 para. 17(1) omitted (1.10.2014) by virtue of Finance Act 2014 (c. 26), Sch. 37 para. 21(1)(2)

[^key-462700f96b06d79b880f7753006a7201]: 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. 616(2) (with Sch. 2)

[^key-46593df832b1f82af848d81da7532b57]: S. 267(2)(g) inserted (with effect for the year 2006-07 and subsequent years of assessment in accordance with s. 60(4) of the amending Act) by Finance Act 2006 (c. 25), s. 60(2)

[^key-465e2354f750e19d520d1747535d496a]: S. 23(4) inserted (with effect in accordance with Sch. 45 para. 153(2) of the amending Act) by Finance Act 2013 (c. 29), Sch. 45 para. 60(4)

[^key-46660ad6c310254fe53506d293518e98]: Words in Sch. 2 para. 79(4) substituted (6.4.2005) by Income Tax (Trading and Other Income) Act 2005 (c. 5), s. 883(1), Sch. 1 para. 617(3) (with Sch. 2)

[^key-4681a225ab2cdf0eb5836db29cf974e1]: Ss. 127-130 applied (with modifications) by 1994 c. 22, s. 1GF(3)(4) (as inserted (18.11.2015) by Finance (No. 2) Act 2015 (c. 33), s. 46(2)(c))

[^key-46c58ec0d38378ccf92549cf0365b0fb]: S. 114(2)(d) and preceding word inserted (with effect in accordance with s. 80(2) of the amending Act) by Finance Act 2004 (c. 12), Sch. 14 para. 2(2)

[^key-46dc9a92b763df9179f0e8280ea31674]: S. 27(2A) inserted (with effect in accordance with s. 22(8) of the amending Act) by Finance Act 2021 (c. 26), s. 22(4)

[^key-46fb5a9e14e0d244523bd25763432659]: Sch. 6 para. 87 repealed (with effect in accordance with s. 1329(1) of the amending Act) by Corporation Tax Act 2009 (c. 4), s. 1329(1), Sch. 3 Pt. 1 (with Sch. 2 Pts. 1, 2)

[^key-47119f9ade7f53dc011e481e14f385ea]: Words in s. 677(1) Table B Pt. 2 inserted (with effect in accordance with reg. 3(5) of the amending S.I.) by The Income Tax (Tax Treatment of Carer Support Payment and Exemption of Social Security Benefits) Regulations 2023 (S.I. 2023/1148), regs. 1(1), 3(2)(c)

[^key-47244c113052d885ce6cb5d2f714731e]: S. 306B and cross-heading inserted (with effect in accordance with Sch. 2 para. 4(1) of the amending Act) by Finance Act 2016 (c. 24), Sch. 2 para. 2

[^key-47352af04ebcb2d18d4fae92ab0a93d4]: S. 567A inserted (with effect in accordance with Sch. 2 paras. 52-59 of the amending Act) by Finance Act 2011 (c. 11), Sch. 2 para. 27

[^key-473f2aa676c20baae333e1f3fe2fec4d]: Words in Sch. 1 Pt. 2 Table substituted (6.4.2007) by Income Tax Act 2007 (c. 3), s. 1034(1), Sch. 1 para. 446(16) (with Sch. 2)

[^key-4748f046f1c469f19d3f82becb157e57]: S. 318(5)(za) inserted (1.9.2008) by The Income Tax (Qualifying Child Care) Regulations 2008 (S.I. 2008/2170), regs. 1, 2(a)

[^key-476971425618b383f50f6ba24d96dd72]: S. 684(2) Item 4A inserted (10.7.2003) by Finance Act 2003 (c. 14), s. 145(1)(b)

[^key-47a0fd51bf9b4717ec6d8f16a50e28e5]: Words in Sch. 7 para. 58(1) inserted (16.4.2003) by Finance Act 2003 (c. 14), Sch. 22 para. 46(16)(26)(b)

[^key-47a58da89e52f46e18c21b9018881e0f]: S. 394(4A)-(4C) inserted (with effect in accordance with Sch. 2 paras. 52-59, 60 of the amending Act) by Finance Act 2011 (c. 11), Sch. 2 para. 14(2)

[^key-47b7a92ef6b7e29530df09fdcad7df6a]: Words in s. 610 heading substituted (6.4.2006) by Finance Act 2004 (c. 12), s. 284(1), Sch. 31 para. 8(5) (with Sch. 36)

[^key-47c057b67fa3e69c0682465b5237e7dd]: S. 681A inserted (6.4.2005) by Income Tax (Trading and Other Income) Act 2005 (c. 5), s. 883(1), Sch. 1 para. 614 (with Sch. 2)

[^key-47d91dae2f82033603bed51d628854ac]: Words in s. 554Z11(5) substituted (16.11.2017) by Finance (No. 2) Act 2017 (c. 32), Sch. 11 para. 42(3)

[^key-47de8b6241e1a606a94d39b7ad4a0c24]: S. 125(3A) inserted (with effect in accordance with s. 14(5) of the amending Act) by Finance Act 2012 (c. 14), s. 14(2)

[^key-48089e2adad9e108782fa737773c0c81]: S. 554Z11A inserted (with effect in accordance with Sch. 45 para. 153(3) of the amending Act) by Finance Act 2013 (c. 29), Sch. 45 para. 127

[^key-483cb7abaf0a47383cc57ae2b74d3fd6]: Words in Sch. 3 para. 23 substituted (6.4.2005) by Income Tax (Trading and Other Income) Act 2005 (c. 5), s. 883(1), Sch. 1 para. 618(5)(b) (with Sch. 2)

[^key-48669735f95a4136b35089ee49fc6b70]: Sch. 4 para. 26(2A)(2B) inserted (17.7.2013) by Finance Act 2013 (c. 29), Sch. 2 para. 30(3) (with Sch. 2 para. 30(4))

[^key-488b522a00331481714df55ebf06a212]: Words in s. 579CA(7) substituted (6.4.2015) by Taxation of Pensions Act 2014 (c. 30), Sch. 1 para. 81(4)(5)

[^key-488ec233a82d52f2c7c6442eb6e21181]: S. 689(1A) inserted (with effect in accordance with Sch. 2 paras. 52-59 of the amending Act) by Finance Act 2011 (c. 11), Sch. 2 para. 30(2)

[^key-489d6dba0f1455450da125085ed2467e]: Words in s. 46(1)(a) omitted (6.4.2014) by virtue of Finance Act 2014 (c. 26), s. 16(4)(a)(11)

[^key-48b2d48ec9d7108ce0eda68ee7f44658]: Words in s. 688A(5) inserted (15.9.2016) by Finance Act 2016 (c. 24), s. 14(2)

[^key-48ec8047d0511e217c6eaf94f85b7645]: Words in Sch. 4 para. 25A(7C)(b) inserted (26.6.2020) by Corporate Insolvency and Governance Act 2020 (c. 12), s. 49(1), Sch. 9 para. 25(2)(c) (with ss. 2(2), 5(2))

[^key-48fb9e71e799111aba96844345cdca51]: Words in s. 239(3) inserted (with effect in accordance with Sch. 2 para. 62 of the amending Act) by Finance Act 2017 (c. 10), Sch. 2 para. 53(2)(b)

[^key-4919a5d1e32d4b028147cd95495809ce]: Words in s. 566(4) table inserted (6.4.2006) by Finance Act 2004 (c. 12), s. 284(1), Sch. 31 para. 3(4) (with Sch. 36)

[^key-491ce2b27e592c0f81a02e0de4d6e7a4]: S. 102(4) inserted (with effect in accordance with Sch. 2 para. 62 of the amending Act) by Finance Act 2017 (c. 10), Sch. 2 para. 13(6)

[^key-4921b2754ea713baf26afb287f13b867]: Pt. 9 Ch. 5A restricted (6.4.2006) by Finance Act 2004 (c. 12), Sch. 36 para. 43(2) (with s. 283(5), Sch. 36)

[^key-49378326726c6416fcf81ba8f75df903]: S. 41C(4A) inserted (with effect in accordance with Sch. 3 para. 7(2) of the amending Act) by Finance Act 2014 (c. 26), Sch. 3 para. 4(2)

[^key-493f25a5cfc10728add92ca7cc5fe799]: S. 140(3)(a) substituted (for tax year 2015-16 and subsequent tax years) by Finance Act 2013 (c. 29), s. 23(9)(12)

[^key-494acc8b3c2a4744967c94794b0f7fde]: Sch. 6 para. 109 repealed (with effect in accordance with s. 1329(1) of the amending Act) by Corporation Tax Act 2009 (c. 4), s. 1329(1), Sch. 3 Pt. 1 (with Sch. 2 Pts. 1, 2)

[^key-495465612f589d2a5feac7f2e537ffae]: Word in s. 420(1)(f) omitted (14.8.2007) by virtue of The Employment Income (Meaning of Securities) Order 2007 (S.I. 2007/2130), arts. 1, 2(a)

[^key-49a104999c0870f603ff7dc9cab2c7e7]: S. 446B(4)(ba) inserted (1.9.2013) by Finance Act 2013 (c. 29), Sch. 23 paras. 8, 38; S.I. 2013/1755, art. 2

[^key-49c128842215be850465112b48438632]: Sch. 5 para. 26 modified (temp.) (with effect in accordance with s. 107(5) of the affecting Act) by 2020 c. 14, s. 107(1)(2) (as substituted by Finance Act 2021 (c. 26), s. 24)

[^key-49e0eb89ea9807067799e64534871806]: Ss. 318-318D substituted for s. 318 (with effect in accordance with s. 78(2) of the amending Act) by Finance Act 2004 (c. 12), Sch. 13 para. 1

[^key-4a514373bc455140791ff939c6fe1054]: Pt. 9 Ch. 15A modified (for the tax year 2024-25 and subsequent tax years) by 2016 c. 24, Sch. 4 para. 9(2) (as substituted by Finance Act 2024 (c. 3), Sch. 9 paras. 93(4)(b), 124 (with Sch. 9 paras. 125-132A)) (as amended by S.I. 2024/356, regs. 1, 4; and (18.11.2024 for the tax year 2024-25 and subsequent tax years) by S.I. 2024/1012, regs. 1(2)(3), 16(3), 17))

[^key-4aa98e77d248e609fe0159ce77c926ca]: Words in s. 11(3) substituted (6.4.2007) by Income Tax Act 2007 (c. 3), s. 1034(1), Sch. 1 para. 427 (with Sch. 2)

[^key-4ab5e81ef130193a75419bf0fed00dad]: Words in s. 121A(2) substituted (with effect in accordance with s. 7(7) of the amending Act) by Finance Act 2019 (c. 1), s. 7(3)(b)(ii)

[^key-4ac5a95c6dd8b806e5fad0fa7c9a3eb2]: Word in s. 267(2)(g) omitted (with effect in accordance with s. 55(5) of the amending Act) by virtue of Finance Act 2009 (c. 10), s. 55(3)

[^key-4ad689d2ab119ef473305ff27a146457]: S. 175(A1)-(1B) substituted for s. 175(1) (with effect in accordance with Sch. 2 para. 62 of the amending Act) by Finance Act 2017 (c. 10), Sch. 2 para. 43

[^key-4adc01c3404be8db360112e940e4b929]: Words in s. 239(3) inserted (21.7.2008) by Finance Act 2008 (c. 9), s. 48(1)

[^key-4aea5029c7eafd82ae98208eb53d3e5f]: S. 266(2)(d) and word inserted (with effect for the year 2006-07 and subsequent years of assessment in accordance with s. 60(4) of the amending Act) by Finance Act 2006 (c. 25), s. 60(1)

[^key-4afa33cd2bddfa311bfe9c088a2e5ce9]: S. 394(6) inserted (with effect in accordance with Sch. 2 paras. 52-59, 60 of the amending Act) by Finance Act 2011 (c. 11), Sch. 2 para. 14(3)

[^key-4b0d79cd627bec9c8ee89c8cccbe297b]: Words in s. 477(5) inserted by Equality Act 2010 (c. 15), Sch. 26 para. 52 (as inserted (1.10.2010) by S.I. 2010/2279, art. 1(2), Sch. 1 para. 5) (with S.I. 2010/2317, art. 2)

[^key-4b185b48f62cbb6c618f5b6b8be16142]: S. 684(3C) inserted (17.7.2012) by Finance Act 2012 (c. 14), s. 225(3)

[^key-4b2db34bcc965bdbb015a28a1e431c7a]: S. 139(2) substituted for the tax year 2020-21 and subsequent tax years) by Finance Act 2020 (c. 14), s. 8(4)(a)(5)

[^key-4b3c23d8e94d0cbf1e669716439e8672]: S. 292(5) inserted (with effect in accordance with s. 37(2) of the amending Act) by Finance Act 2011 (c. 11), s. 37(1)

[^key-4b4a0ff22f8360ea9345b34333c2363e]: S. 114(3) omitted (with effect in accordance with s. 23(2) of the amending Act) by virtue of Finance Act 2014 (c. 26), s. 23(1)

[^key-4b6ffb87096e6674cdbf295c9cbb34fb]: Sch. 2 para. 37(7)(8) inserted (17.7.2013) by Finance Act 2013 (c. 29), Sch. 2 para. 20(1) (with Sch. 2 para. 20(2))

[^key-4b786f7be126f382a596cc3559588f33]: S. 683(4) repealed (6.4.2006) by Finance Act 2004 (c. 12), s. 284(1), Sch. 31 para. 14(4), Sch. 42 Pt. 3 (with Sch. 36)

[^key-4ba8bfef630e31b9234555dc68aa3eaa]: Sch. 5 para. 44(5A) omitted (with effect in accordance with s. 17(5)-(9) of the amending Act) by virtue of Finance (No. 2) Act 2023 (c. 30), s. 17(3)(b)

[^key-4bfd754ee986636ffd1428237cfbb384]: S. 102(1B) inserted (with effect in accordance with Sch. 2 para. 62 of the amending Act) by Finance Act 2017 (c. 10), Sch. 2 para. 13(4)

[^key-4c7110d36af160394f7bc5c56b65d5d9]: Word in s. 294 heading substituted (with effect in accordance with s. 82(5) of the amending Act) by Finance Act 2004 (c. 12), s. 82(4)

[^key-4c860f273d0505109b24acaa92371c4d]: S. 160A inserted (with effect in accordance with Sch. 2 para. 62 of the amending Act) by Finance Act 2017 (c. 10), Sch. 2 para. 40

[^key-4cda1fd0a134c656087f3e52aeb3dcdf]: Words in s. 655(1) inserted (with effect in accordance with Sch. 1 para. 7 of the amending Act) by Finance Act 2012 (c. 14), Sch. 1 para. 5(3)

[^key-4cdb05683231d6710d5a2ccd986a24e9]: Word in Sch. 7 para. 49 substituted (1.9.2003) by Finance Act 2003 (c. 14), Sch. 22 para. 46(10)(26)(c); S.I. 2003/1997, art. 2

[^key-4cf58a372b026b78003f8c3c1fa38ac7]: Word in Sch. 3 para. 37(6) inserted (17.7.2013) by Finance Act 2013 (c. 29), Sch. 2 para. 24(6)(b) (with Sch. 2 para. 24(7))

[^key-4cfe836e44cef8a1d6ad35480ab4549e]: S. 318C(10)(11) added (21.11.2009) by The Income Tax (Qualifying Child Care) (No. 2) Regulations 2009 (S.I. 2009/2888), regs. 1(2), 2(6)

[^key-4d07dbbe8d3087c689e2ca8fb5de1103]: Words in Sch. 3 para. 39(4)(c) substituted (6.4.2014) by Finance Act 2014 (c. 26), Sch. 8 paras. 116(2)(a), 146 (with Sch. 8 paras. 147-157)

[^key-4d286d55fe95b0da8d72fb1b0f29eb6f]: S. 431(3)(aa) inserted (1.9.2013) by Finance Act 2013 (c. 29), Sch. 23 paras. 6, 38; S.I. 2013/1755, art. 2

[^key-4d2870f0bae24050ec6c78defe0453f1]: S. 715(3)(a)(i) omitted (1.4.2010) by virtue of The Finance Act 2009, Section 96 and Schedule 48 (Appointed Day, Savings and Consequential Amendments) Order 2009 (S.I. 2009/3054), art. 1, Sch. para. 10

[^key-4d406d0661cc8ecd50e9b1445eeb20d4]: Sch. 7 para. 16 omitted (with effect in accordance with s. 12(5) of the amending Act) by virtue of Finance Act 2015 (c. 11), s. 12(4)(b)

[^key-4d4233b2cfec2eed940d2db106e98806]: Words in s. 87(2)(b) substituted (with effect in accordance with s. 1(14) of the amending Act) by Finance (No. 2) Act 2017 (c. 32), s. 1(2)(a)

[^key-4d50b5157ee9ebbb7b170ac8003d6c49]: S. 480(5A) inserted (with effect in accordance with Sch. 9 para. 48 of the amending Act) by Finance Act 2014 (c. 26), Sch. 9 paras. 15, 47

[^key-4d536a61d5d31628b716ca0da3eb9edb]: Words in s. 519(5)(b) substituted (6.4.2014) by Finance Act 2014 (c. 26), Sch. 8 paras. 101(5)(b), 146 (with Sch. 8 paras. 147-157)

[^key-4d691c0d0cf74eaa3ebb6e251ef2fac7]: Word in Sch. 5 para. 5(1)(a) substituted (16.6.2012) by The Income Tax (Limits for Enterprise Management Incentives) Order 2012 (S.I. 2012/1360), arts. 1, 2(2)(a)