Finance (No. 2) Act 2017

• (3) A statutory instrument under this paragraph is subject to annulment in pursuance of a resolution of the House of Commons.

PART 4 — Supplementary

Interpretation: minor

32

• (1) In this Schedule (apart from the amendments made by Part 3)—

• “HMRC” means Her Majesty's Revenue and Customs;

• “tax period” means a tax year or other period in respect of which tax is charged (or in the case of inheritance tax, the year beginning with 6 April and ending on the following 5 April in which the liability to tax first arose);

• “tax year”, in relation to inheritance tax, means a period of 12 months beginning on 6 April and ending on the following 5 April;

• “UK” means the United Kingdom, including its territorial sea.

• (2) A reference to making a return or doing anything in relation to a return includes a reference to amending a return or doing anything in relation to an amended return.

• (3) References to delivery (of a document) include giving, sending and any other similar expressions.

• (4) A reference to delivering a document to HMRC includes—

• (a) a reference to communicating information to HMRC in any form and by any method (whether by post, fax, email, telephone or otherwise, and

• (b) a reference to making a statement or declaration in a document.

• (5) References to an assessment to tax, in relation to inheritance tax, are to a determination.

• (6) An expression used in relation to income tax has the same meaning as in the Income Tax Acts.

• (7) An expression used in relation to capital gains tax has the same meaning as in the enactments relating to that tax.

• (8) An expression used in relation to inheritance tax has the same meaning as in IHTA 1984.

Taxable benefits: time limit for making good

Taxable benefits: ultra-low emission vehicles

Pensions advice

Termination payments etc: amounts chargeable on employment income

PAYE settlement agreements

Money purchase annual allowance

VCTs: exchange of non-qualifying shares and securities

Life insurance policies: recalculating gains on part surrenders etc

VCTs: exchange of non-qualifying shares and securities

Social investment tax relief

Calculation of profits of trades and property businesses

Profits from the exploitation of patents: cost-sharing arrangements

Substantial shareholding exemption

Substantial shareholding exemption: institutional investors

Substantial shareholding exemption: institutional investors

Deemed domicile: income tax and capital gains tax

Settlements and transfer of assets abroad: value of benefits

Air passenger duty: rates of duty from 1 April 2018

Disposals concerned with land in United Kingdom

Petroleum revenue tax: elections for oil fields to become non-taxable

Air passenger duty: rates of duty from 1 April 2018

Petroleum revenue tax: elections for oil fields to become non-taxable

Gaming duty: rates

Tobacco products manufacturing machinery: licensing scheme

Errors in taxpayers' documents

Regulations

Digital reporting and record-keeping for income tax etc

Digital reporting and record-keeping for income tax etc: further amendments

Data-gathering from money service businesses

Data-gathering from money service businesses

Northern Ireland welfare payments: updating statutory reference

Interpretation

Introductory

Date by which investment must be made to qualify for SI relief

The existing investments requirement

The no disqualifying arrangements requirement

Limits on amounts that may be invested

Number of employees limit

Financial health requirement

Purposes for which money raised can be used

Excluded activities

TMA 1970

TCGA 1992

CAA 2001

ITA 2007

ITTOIA 2005

TIOPA 2010

Non-trading deficits from loan relationships

Non-trading losses on intangible fixed assets

Expenses of management of investment business etc

Trading losses

UK property business losses

Losses of film trade

Losses of television programme trade

Losses of video game trade

Losses of theatrical trade

Losses of orchestral trade

Restriction on refreshing losses

Change in company ownership

Deduction buying

ICTA

FA 1998

CAA 2001

Energy Act 2004

CTA 2009

CTA 2010

TIOPA 2010

F (No. 3) A 2010

FA 2012

Parts 1 to 9 and 11

Part 10

Transitional provision

TMA 1970

FA 1998

CTA 2009

CTA 2010

TIOPA 2010: consequential renumbering

TIOPA 2010: repeal of Part 7

TIOPA 2010: other amendments

Commencement: new Part 10 of TIOPA

Commencement: repeal of Part 7 of TIOPA 2010

Time limits for elections relating to financial statements of a worldwide group

Time limit relating to appointment of reporting company or filing interest restriction return

Change of accounting policy

Adjustments under Schedule 7 to F(No.2)A 2015

Power to make elections under Disregard Regulations for pre-1 April 2020 derivative contracts

Qualifying infrastructure companies

Counteracting effect of avoidance arrangements

Commencement of orders or regulations containing consequential provision

Interpretation

ICTA

FA 1998

CAA 2001

FA 2007

CTA 2009

FA 2009

CTA 2010

FA 2016

Amendments of CTA 2010

Amendments relating to capital allowances

ICTA

TCGA 1992

ITEPA 2003

ITA 2007

TCGA 1992

FA 2004

ITTOIA 2005

ITA 2007

Commencement of amendments in FA 2004, ITTOIA 2005 and ITA 2007

FA 2008

Capital gains tax: settlements: value of benefit conferred by certain capital payments

Income tax: transfer of assets abroad: value of certain benefits

Commencement

Non-excluded overseas property

Consequential and supplementary amendments

Commencement

Transitional provision

Relevant step

Meaning of “loan” and “quasi loan”

Meaning of “outstanding”: loans

Meaning of “outstanding”: loans in currencies other than sterling

Repayments in currencies other than the loan currency

Loans made in a depreciating currency

Meaning of “outstanding”: quasi-loans

Meaning of “outstanding”: quasi-loans in currencies other than sterling

Repayments in currencies other than the quasi-loan currency

Quasi-loans made in a depreciating currency

...

Application to HMRC

Qualifying payments condition

Commercial terms condition

...

Commercial transactions

Transfer of employment-related loans

Transactions under employee benefit packages

Cases involving employment-related securities

Employee car ownership schemes

Acquisition of unlisted employer shares

Duty to provide loan charge information to B

Double taxation

Remittance basis

Interpretation

ITEPA 2003

FA 2011

Application of sections 23A to 23H of ITTOIA 2005 in relation to loans etc. outstanding on 5 April 2019

Meaning of “loan” and “quasi loan”

Meaning of “outstanding”: loans

Meaning of “outstanding”: loans in currencies other than sterling

Repayments in currencies other than the loan currency

Loans made in a depreciating currency

Meaning of outstanding: “quasi-loans”

Meaning of “outstanding”: quasi-loans in currencies other than sterling

Repayments in currencies other than the quasi-loan currency

Quasi-loans made in a depreciating currency

Meaning of “approved fixed term loan”

Approval: application to HMRC

Approval: qualifying payments condition

Approval: commercial terms condition

Accelerated payments

Liability to penalty

Amount of penalty

Reductions for disclosure

Special reduction

Assessment

Reasonable excuse

Companies: officer's liability

Double jeopardy

The maximum amount

Appeal tribunal

10A

In section 12AB(1C) (further information to be included in partnership return in certain cases), before “partnership return” insert “section 12AA”.

10B

In section 12ABZA (partnership returns: overseas partners in investment partnerships etc)—

• (a) in the heading, before “Partnership returns” insert “Section 12AA”;

• (b) in subsections (1), (3), and (4), before every “partnership return” insert “section 12AA”.

10BA

• (1) Section 12ABZAA (returns relating to LLP not carrying on business etc with view to profit) is amended as follows.

• (2) For subsection (2) substitute—

(2) For the purposes of the relevant enactments— (a) where the relevant return purports to be a section 12AA partnership return, treat it as a section 12AA partnership return; (b) where the relevant return purports to be a Schedule A1 partnership return, treat it as a Schedule A1 partnership return, (and, accordingly, anything done under a relevant enactment in connection with the relevant return has the same effect as it would have if done in connection with a section 12AA or Schedule A1 partnership return (as the case may be) in a corresponding partnership case).

• (3) In subsection (5), in the definition of “purported partnership return”—

• (a) in paragraph (a), for “partnership return” substitute “section 12AA or Schedule A1 partnership return”;

• (b) in paragraph (b), for “partnership return” substitute “section 12AA or Schedule A1 partnership return (as the case may be)”.

10C

In section 12ABZB (partnership return conclusive as to partnership shares)—

• (a) in the heading, before “Partnership return” insert “Section 12AA”;

• (b) in subsections (1), (3), (5), (7), (8), (9), (11) and (12), before every “partnership return” insert “section 12AA”.

TCGA 1992

FA 1998

CAA 2001

Tax Credits Act 2002

ITTOIA 2005

ITA 2007

Crossrail Act 2008

FA 2008

TIOPA 2010

FA 2014

43A

In section 227(7A)(b) (withdrawal etc of accelerated payment notice), before “partnership return” insert “section 12AA”.

FA 2016

FA 2022

50

• (1) Schedule 17 to FA 2022 (large businesses: notification of uncertain tax treatment) is amended as follows.

• (2) In paragraph 6(1)(e) (definition of “financial year” in relation to a UK resident partnership), for “under section 12AB” substitute “within the meaning”.

• (3) In paragraph 6(2), in the definition of “representative partner”—

• (a) the words from “the partner” to the end of the definition become paragraph (a) of the definition;

• (b) at the end of that paragraph (a) insert “, or”;

• (c) after that paragraph insert—

(b) the nominated partner within the meaning of paragraph 5 of Schedule A1 to TMA 1970.

TMA 1970

TCGA 1992

FA 1998

Tax Credits Act 2002

FA 2008

TIOPA 2010

Commencement

“Defeat” in respect of abusive tax arrangements

Condition A

Condition B

Persons who “enabled” the arrangements

Designers of arrangements

Managers of arrangements

Marketers of arrangements

Enabling participants

Financial enablers

Excluded persons

Powers to add categories of enabler and to provide exceptions

Amount of penalty

Reduction of penalty where other penalties incurred

Mitigation of penalty

Assessment of penalty

Special provision about assessment for multi-user schemes

Time limit for assessment

Requirement for opinion of GAAR Advisory Panel

Notice where Panel opinion already obtained in relation to equivalent arrangements

Referral to GAAR Advisory Panel

Notice before decision whether to refer

Notice of decision whether to refer

Information to accompany referral

Notice on making of referral

Right to make representations to GAAR Advisory Panel

Decision of GAAR Advisory Panel and opinion notices

Notice before deciding that arrangements are ones to which Panel opinion applies

Requirement for court or tribunal to take Panel opinion into account

Information and inspection powers: application of Schedule 36 to FA 2008

General modifications of Schedule 36 to FA 2008 as applied

Specific modifications of Schedule 36 to FA 2008 as applied

Declarations about contents of legally privileged communications

Power to publish details

Restrictions on power

Power to amend

Double jeopardy

Application of provisions of TMA 1970

Meaning of “tax”

Meaning of “tax advantage”

Other definitions

Regulations

Consequential amendments

Commencement

Preliminary: application of definitions

“Indirect tax”

“Notifiable arrangements” and “notifiable proposal”

“Tax advantage” in relation to VAT

“Tax advantage” in relation to taxes other than VAT

“Promoter”

“Introducer”

“Makes a firm approach” and “marketing contact”

Duties of promoter in relation to notifiable proposals or notifiable arrangements

Duty of promoter: supplemental information

Duty of person dealing with promoter outside United Kingdom

Duty of parties to notifiable arrangements not involving promoter

Duty to provide further information requested by HMRC

Duty of promoters to provide updated information

Allocation of reference number to arrangements

Duty of promoter to notify client of number : paragraph 22(2) case

Duty of client to notify parties of number

Duty of client to provide information ...

Duty of parties to notify HMRC of reference number etc

Duty ... to provide details of clients

Enquiry following disclosure of client details

Pre-disclosure enquiry

Reasons for non-disclosure: supporting information

Provision of information to HMRC by introducers

Legal professional privilege

Information

Power to vary certain relevant periods

Penalty for failure to comply with duties under Part 1 (apart from paragraph 26)

Penalty for failure to comply with duties under paragraph 26

Penalty proceedings before First-tier tribunal

Assessment of penalties under paragraph 39(1)(b) or 44

Reasonable excuse

VATA 1994

Promoters of tax avoidance schemes

Serial tax avoidance

Regulations

Interpretation

Failure to correct relevant offshore tax non-compliance

Main definitions: general

“Relevant offshore tax non-compliance”

“Offshore tax-non compliance” etc

“Tax non-compliance”

“Involves an offshore matter” and “involves an offshore transfer”

“Tax”

Correcting offshore tax non-compliance

Amount of penalty

Offshore PLR

Reduction of penalty for disclosure etc by person liable to penalty

Procedure for assessing penalty, etc

Appeals

Reasonable excuse

Double jeopardy

Application of provisions of TMA 1970

Extension of period for assessment etc of offshore tax

Further penalty in connection with offshore asset moves

Asset-based penalty in addition to penalty under paragraph 1

Publishing details of persons assessed to penalty or penalties under paragraph 1

Interpretation: minor

Editorial notes

[^c22795931]: Pt. 3: s. 48 in force at Royal Assent for specified purposes, see s. 59(1)(a)

[^c22795941]: Pt. 3: s. 49 in force at Royal Assent for specified purposes, see s. 59(1)(a)

[^c22795951]: Pt. 3: s. 50 in force at Royal Assent for specified purposes, see s. 59(1)(a)

[^c22795961]: Pt. 3: s. 51 in force at Royal Assent for specified purposes, see s. 59(1)(a)

[^c22795971]: Pt. 3: s. 52 in force at Royal Assent for specified purposes, see s. 59(1)(a)

[^c22795981]: Pt. 3: s. 53 in force at Royal Assent for specified purposes, see s. 59(1)(a)

[^c22795991]: Pt. 3: s. 54 in force at Royal Assent for specified purposes, see s. 59(1)(a)

[^c22796001]: Pt. 3: s. 55 in force at Royal Assent for specified purposes, see s. 59(1)(a)

[^c22796011]: Pt. 3: s. 56 in force at Royal Assent for specified purposes, see s. 59(1)(a)

[^c22796021]: Pt. 3: s. 57 in force at Royal Assent for specified purposes, see s. 59(1)(a)

[^c22796031]: Pt. 3: s. 58 in force for at Royal Assent for specified purposes, see s. 59(1)(a)

[^c22796041]: Pt. 3: s. 59 in force at Royal Assent for specified purposes, see s. 59(1)(a)

[^c22793351]: S. 61(6)(7) in force at Royal Assent, see s. 61(6)

[^c22796711]: S. 62(1)(2)(3)(b)(5)-(7) in force at Royal Assent, see s. 62(6)

[^c22793321]: S. 66 in force at Royal Assent for specified purposes and at 1.1.2018 otherwise, see s. 66(4)

[^c22797741]: Sch. 6 para. 1 in force at Royal Assent for specified purposes, see Sch. 6 para. 20

[^c22797761]: Sch. 6 para. 2 in force at Royal Assent for specified purposes, see Sch. 6 para. 20

[^c22797771]: Sch. 6 para. 3 in force at Royal Assent for specified purposes, see Sch. 6 para. 20

[^c22797781]: Sch. 6 para. 4 in force at Royal Assent for specified purposes, see Sch. 6 para. 20

[^c22797791]: Sch. 6 para. 5 in force at Royal Assent for specified purposes, see Sch. 6 para. 20

[^c22797801]: Sch. 6 para. 6 in force at Royal Assent for specified purposes, see Sch. 6 para. 20

[^c22797821]: Sch. 6 para. 8 in force at Royal Assent for specified purposes, see Sch. 6 para. 20

[^c22797831]: Sch. 6 para. 9 in force at Royal Assent for specified purposes, see Sch. 6 para. 20

[^c22797841]: Sch. 6 para. 10 in force at Royal Assent for specified purposes, see Sch. 6 para. 20

[^c22797851]: Sch. 6 para. 11 in force at Royal Assent for specified purposes, see Sch. 6 para. 20

[^c22797861]: Sch. 6 para. 12 in force at Royal Assent for specified purposes, see Sch. 6 para. 20

[^c22797871]: Sch. 6 para. 13 in force at Royal Assent for specified purposes, see Sch. 6 para. 20

[^c22797881]: Sch. 6 para. 14 in force at Royal Assent for specified purposes, see Sch. 6 para. 20

[^c22797891]: Sch. 6 para. 15 in force at Royal Assent for specified purposes, see Sch. 6 para. 20

[^c22797901]: Sch. 6 para. 16 in force at Royal Assent for specified purposes, see Sch. 6 para. 20

[^c22797911]: Sch. 6 para. 17 in force at Royal Assent for specified purposes, see Sch. 6 para. 20

[^c22797921]: Sch. 6 para. 18 in force at Royal Assent for specified purposes, see Sch. 6 para. 20

[^c22797931]: Sch. 6 para. 19 in force at Royal Assent for specified purposes, see Sch. 6 para. 20

[^c22797951]: Sch. 6 para. 20 in force at Royal Assent for specified purposes, see Sch. 6 para. 20

[^c22797961]: Sch. 6 para. 21 in force at Royal Assent for specified purposes, see Sch. 6 para. 20

[^c22797971]: Sch. 6 para. 22 in force at Royal Assent for specified purposes, see Sch. 6 para. 20

[^c22797981]: Sch. 13 para. 1 in force at Royal Assent for specified purposes, see s. 59

[^c22797991]: Sch. 13 para. 2 in force at Royal Assent for specified purposes, see s. 59

[^c22798001]: Sch. 13 para. 3 in force at Royal Assent for specified purposes, see s. 59

[^c22798011]: Sch. 13 para. 4 in force at Royal Assent for specified purposes, see s. 59

[^c22798021]: Sch. 13 para. 5 in force at Royal Assent for specified purposes, see s. 59

[^c22798031]: Sch. 13 para. 6 in force at Royal Assent for specified purposes, see s. 59

[^c22798041]: Sch. 13 para. 7 in force at Royal Assent for specified purposes, see s. 59

[^c22798051]: Sch. 13 para. 8 in force at Royal Assent for specified purposes, see s. 59

[^c22798061]: Sch. 13 para. 9 in force at Royal Assent for specified purposes, see s. 59

[^c22798071]: Sch. 13 para. 10 in force at Royal Assent for specified purposes, see s. 59

[^c22798081]: Sch. 13 para. 11 in force at Royal Assent for specified purposes, see s. 59

[^c22798271]: Sch. 17 para. 1 in force at Royal Assent for specified purposes and at 1.1.2018 otherwise, see s. 66(4)

[^c22798281]: Sch. 17 para. 2 in force at Royal Assent for specified purposes and at 1.1.2018 otherwise, see s. 66(4)

[^c22798291]: Sch. 17 para. 3 in force at Royal Assent for specified purposes and at 1.1.2018 otherwise, see s. 66(4)

[^c22798301]: Sch. 17 para. 4 in force at Royal Assent for specified purposes and at 1.1.2018 otherwise, see s. 66(4)

[^c22798321]: Sch. 17 para. 5 in force at Royal Assent for specified purposes and at 1.1.2018 otherwise, see s. 66(4)

[^c22798331]: Sch. 17 para. 6 in force at Royal Assent for specified purposes and at 1.1.2018 otherwise, see s. 66(4)

[^c22798341]: Sch. 17 para. 7 in force at Royal Assent for specified purposes and at 1.1.2018 otherwise, see s. 66(4)

[^c22798351]: Sch. 17 para. 8 in force at Royal Assent for specified purposes and at 1.1.2018 otherwise, see s. 66(4)

[^c22798361]: Sch. 17 para. 9 in force at Royal Assent for specified purposes and at 1.1.2018 otherwise, see s. 66(4)

[^c22798381]: Sch. 17 para. 10 in force at Royal Assent for specified purposes and at 1.1.2018 otherwise, see s. 66(4)

[^c22798391]: Sch. 17 para. 11 in force at Royal Assent for specified purposes and at 1.1.2018 otherwise, see s. 66(4)

[^c22799381]: Sch. 17 para. 12 in force at Royal Assent for specified purposes and at 1.1.2018 otherwise, see s. 66(4)

[^c22799391]: Sch. 17 para. 13 in force at Royal Assent for specified purposes and at 1.1.2018 otherwise, see s. 66(4)

[^c22799401]: Sch. 17 para. 14 in force at Royal Assent for specified purposes and at 1.1.2018 otherwise, see s. 66(4)

[^c22799411]: Sch. 17 para. 15 in force at Royal Assent for specified purposes and at 1.1.2018 otherwise, see s. 66(4)

[^c22799421]: Sch. 17 para. 16 in force at Royal Assent for specified purposes and at 1.1.2018 otherwise, see s. 66(4)

[^c22799431]: Sch. 17 para. 17 in force at Royal Assent for specified purposes and at 1.1.2018 otherwise, see s. 66(4)

[^c22799441]: Sch. 17 para. 18 in force at Royal Assent for specified purposes and at 1.1.2018 otherwise, see s. 66(4)

[^c22799681]: Sch. 17 para. 19 in force at Royal Assent for specified purposes and at 1.1.2018 otherwise, see s. 66(4)

[^c22799691]: Sch. 17 para. 20 in force at Royal Assent for specified purposes and at 1.1.2018 otherwise, see s. 66(4)

[^c22799701]: Sch. 17 para. 21 in force at Royal Assent for specified purposes and at 1.1.2018 otherwise, see s. 66(4)

[^c22799721]: Sch. 17 para. 23 in force at Royal Assent for specified purposes and at 1.1.2018 otherwise, see s. 66(4)

[^c22799731]: Sch. 17 para. 24 in force at Royal Assent for specified purposes and at 1.1.2018 otherwise, see s. 66(4)

[^c22799741]: Sch. 17 para. 25 in force at Royal Assent for specified purposes and at 1.1.2018 otherwise, see s. 66(4)

[^c22799751]: Sch. 17 para. 26 in force at Royal Assent for specified purposes and at 1.1.2018 otherwise, see s. 66(4)

[^c22799761]: Sch. 17 para. 27 in force at Royal Assent for specified purposes and at 1.1.2018 otherwise, see s. 66(4)

[^c22799771]: Sch. 17 para. 28 in force at Royal Assent for specified purposes and at 1.1.2018 otherwise, see s. 66(4)

[^c22799781]: Sch. 17 para. 29 in force at Royal Assent for specified purposes and at 1.1.2018 otherwise, see s. 66(4)

[^c22799791]: Sch. 17 para. 30 in force at Royal Assent for specified purposes and at 1.1.2018 otherwise, see s. 66(4)

[^c22799801]: Sch. 17 para. 31 in force at Royal Assent for specified purposes and at 1.1.2018 otherwise, see s. 66(4)

[^c22799811]: Sch. 17 para. 32 in force at Royal Assent for specified purposes and at 1.1.2018 otherwise, see s. 66(4)

[^c22799821]: Sch. 17 para. 33 in force at Royal Assent for specified purposes and at 1.1.2018 otherwise, see s. 66(4)

[^c22799831]: Sch. 17 para. 34 in force at Royal Assent for specified purposes and at 1.1.2018 otherwise, see s. 66(4)

[^c22799841]: Sch. 17 para. 35 in force at Royal Assent for specified purposes and at 1.1.2018 otherwise, see s. 66(4)

[^c22799671]: Sch. 17 para. 36 in force at Royal Assent for specified purposes and at 1.1.2018 otherwise, see s. 66(4)

[^c22799661]: Sch. 17 para. 37 in force at Royal Assent for specified purposes and at 1.1.2018 otherwise, see s. 66(4)

[^c22799651]: Sch. 17 para. 38 in force at Royal Assent for specified purposes and at 1.1.2018 otherwise, see s. 66(4)

[^c22799641]: Sch. 17 para. 39 in force at Royal Assent for specified purposes and at 1.1.2018 otherwise, see s. 66(4)

[^c22799631]: Sch. 17 para. 40 in force at Royal Assent for specified purposes and at 1.1.2018 otherwise, see s. 66(4)

[^c22799621]: Sch. 17 para. 41 in force at Royal Assent for specified purposes and at 1.1.2018 otherwise, see s. 66(4)

[^c22799611]: Sch. 17 para. 42 in force at Royal Assent for specified purposes and at 1.1.2018 otherwise, see s. 66(4)

[^c22799601]: Sch. 17 para. 43 in force at Royal Assent for specified purposes and at 1.1.2018 otherwise, see s. 66(4)

[^c22799581]: Sch. 17 para. 44 in force at Royal Assent for specified purposes and at 1.1.2018 otherwise, see s. 66(4)

[^c22799571]: Sch. 17 para. 45 in force at Royal Assent for specified purposes and at 1.1.2018 otherwise, see s. 66(4)

[^c22799561]: Sch. 17 para. 46 in force at Royal Assent for specified purposes and at 1.1.2018 otherwise, see s. 66(4)

[^c22799551]: Sch. 17 para. 47 in force at Royal Assent for specified purposes and at 1.1.2018 otherwise, see s. 66(4)

[^c22799541]: Sch. 17 para. 48 in force at Royal Assent for specified purposes and at 1.1.2018 otherwise, see s. 66(4)

[^c22799531]: Sch. 17 para. 49 in force at Royal Assent for specified purposes and at 1.1.2018 otherwise, see s. 66(4)

[^c22799521]: Sch. 17 para. 50 in force at Royal Assent for specified purposes and at 1.1.2018 otherwise, see s. 66(4)

[^c22799511]: Sch. 17 para. 51 in force at Royal Assent for specified purposes and at 1.1.2018 otherwise, see s. 66(4)

[^c22799501]: Sch. 17 para. 52 in force at Royal Assent for specified purposes and at 1.1.2018 otherwise, see s. 66(4)

[^c22799491]: Sch. 17 para. 53 in force at Royal Assent for specified purposes and at 1.1.2018 otherwise, see s. 66(4)

[^c22799481]: Sch. 17 para. 54 in force at Royal Assent for specified purposes and at 1.1.2018 otherwise, see s. 66(4)

[^c22799471]: Sch. 17 para. 55 in force at Royal Assent for specified purposes and at 1.1.2018 otherwise, see s. 66(4)

[^c22799461]: Sch. 17 para. 56 in force at Royal Assent for specified purposes and at 1.1.2018 otherwise, see s. 66(4)

[^c22799451]: Sch. 17 para. 57 in force at Royal Assent for specified purposes and at 1.1.2018 otherwise, see s. 66(4)

[^key-9cb81534b64c7e5dd282ea6afde3152b]: Sch. 17 para. 8(7) applied (1.1.2018) by The Indirect Taxes (Disclosure of Avoidance Schemes) Regulations 2017 (S.I. 2017/1215), regs. 1, 3(3)

[^key-7e090b419c6ea7404b0706e278acf534]: Sch. 17 para. 17 restricted (1.1.2018) by The Indirect Taxes (Disclosure of Avoidance Schemes) Regulations 2017 (S.I. 2017/1215), regs. 1, 4(4)

[^key-54ca710dd693cf3bca35412dddc20e4e]: Sch. 17 para. 8(2)(a)(3)(a) restricted (1.1.2018) by The Indirect Taxes (Disclosure of Avoidance Schemes) Regulations 2017 (S.I. 2017/1215), regs. 1, 6(1)

[^key-d167b089294bf0514a417bc009a706f7]: Sch. 11 para. 36A inserted (15.3.2018) by Finance Act 2018 (c. 3), Sch. 1 para. 4(2)

[^key-50c4f35d5459364adb2a080648148bce]: Sch. 11 Pt. 3A inserted (15.3.2018) by Finance Act 2018 (c. 3), Sch. 1 para. 10

[^key-f6bdf68cfb64dbf837f1a2d7279d5af2]: Word in Sch. 11 para. 36 cross-heading substituted (15.3.2018) by Finance Act 2018 (c. 3), Sch. 1 para. 11(4)

[^key-d514d2fc382a19802ac4ec730dfcc985]: Sch. 12 paras. 21-30 and cross-headings inserted (15.3.2018) by Finance Act 2018 (c. 3), Sch. 2 para. 1

[^key-fac66956a8eae2721d329672d45ea560]: Sch. 14 para. 10A inserted (15.3.2018) by Finance Act 2018 (c. 3), Sch. 6 para. 7(3)

[^key-004a012d0f7add2fb154ad494fc3f777]: Sch. 14 para. 10B inserted (15.3.2018) by Finance Act 2018 (c. 3), Sch. 6 para. 9

[^key-ab7c580ecfd192236126f368b84e36cb]: Sch. 14 para. 10C inserted (15.3.2018) by Finance Act 2018 (c. 3), Sch. 6 para. 15(2)

[^key-8e1801b639625fe9657e10761209a490]: Sch. 14 para. 43A inserted (15.3.2018) by Finance Act 2018 (c. 3), Sch. 6 para. 15(3)

[^key-243806213b23e1c5fde18ad0bcd10a8d]: Word in s. 60 inserted (15.3.2018) by Finance Act 2018 (c. 3), Sch. 6 para. 7(2)(a)

[^key-8a7b08611e55a0f120ab5b5eec681a68]: Words in s. 60 inserted (15.3.2018) by Finance Act 2018 (c. 3), Sch. 6 para. 7(2)(b)

[^key-d9947da81fc87a87e29ea132f9a6083c]: Sch. 7 para. 28 omitted (with effect in accordance with s. 29(6) of the amending Act) by virtue of Finance Act 2018 (c. 3), s. 29(5)

[^key-453e61ec6251f8f76cd6f56ada526437]: Words in Sch. 11 para. 1(3) substituted (15.3.2018) by Finance Act 2018 (c. 3), Sch. 1 para. 8(2)(a)

[^key-4f7e1418d14e52e5dd15e0b5f3b5012f]: Words in Sch. 11 para. 1(6) substituted (15.3.2018) by Finance Act 2018 (c. 3), Sch. 1 para. 8(2)(b)(i)

[^key-3659d423045db264c82d279ad9564661]: Words in Sch. 11 para. 1(6) inserted (15.3.2018) by Finance Act 2018 (c. 3), Sch. 1 para. 8(2)(b)(ii)

[^key-656fb6df4e3f22674dd449cb6a3e1bec]: Words in Sch. 11 para. 36(2) substituted (15.3.2018) by Finance Act 2018 (c. 3), Sch. 1 para. 11(2)

[^key-6d4735d2c7fb5f41855beb4b179411de]: Sch. 11 para. 36(3) omitted (15.3.2018) by virtue of Finance Act 2018 (c. 3), Sch. 1 para. 11(3)

[^key-11d9030941d92ecc07600ecf06284f45]: Sch. 11 para. 36(5) omitted (15.3.2018) by virtue of Finance Act 2018 (c. 3), Sch. 1 para. 11(3)

[^key-122dd917a538afcb13aea58c970dec9f]: Sch. 11 para. 36(6) omitted (15.3.2018) by virtue of Finance Act 2018 (c. 3), Sch. 1 para. 11(3)

[^key-a44674bca35932082a61d491b8091e7e]: Sch. 14 para. 46(5) inserted (15.3.2018) by Finance Act 2018 (c. 3), Sch. 6 para. 15(4)

[^key-f362917bf5b2d837234da7b8b673ed52]: S. 56 in force at 1.4.2018 for the purposes of the amendments made by that section by S.I. 2018/298, reg. 2(2)

[^key-d2e14b6cdae9f7ab3d95010e5a9fa7b9]: Sch. 4 para. 126 repealed (with effect in accordance with s. 33(5) of the amending Act) by Finance Act 2019 (c. 1), s. 33(2)(c)(xiii)(a)

[^key-1b0e2d86bcf54717113f5c771fed05ad]: Sch. 4 para. 172 omitted (with effect in accordance with Sch. 10 para. 32 of the amending Act) by virtue of Finance Act 2019 (c. 1), Sch. 10 para. 31(2)

[^key-68d008cc59ead15d1b1d7a77846b5b33]: Sch. 6 para. 7 repealed (with effect in accordance with s. 33(5) of the amending Act) by Finance Act 2019 (c. 1), s. 33(2)(c)(xiii)(b)

[^key-7631aec6307d2e99fcef93972e13c93a]: S. 48 in force at 1.4.2019 in so far as not already in force by S.I. 2018/298, reg. 2(1)

[^key-ada351ee2b44ffa1f016bafd8830ff53]: S. 49 in force at 1.4.2019 in so far as not already in force by S.I. 2018/298, reg. 2(1)

[^key-3151c9981cacc7c2b507e3870bc7e8bd]: S. 50 in force at 1.4.2019 in so far as not already in force by S.I. 2018/298, reg. 2(1)

[^key-31f082b905588508c7984909b8eb747d]: S. 51 in force at 1.4.2019 in so far as not already in force by S.I. 2018/298, reg. 2(1)

[^key-30ae4db1a3f7ac22bc8e69060cfcc039]: S. 52 in force at 1.4.2019 in so far as not already in force by S.I. 2018/298, reg. 2(1)

[^key-ba077aeb3f1ae20973411e6748c9ad9e]: S. 53 in force at 1.4.2019 in so far as not already in force by S.I. 2018/298, reg. 2(1)

[^key-f7cbc775aa124e80e270249882054640]: S. 54 in force at 1.4.2019 in so far as not already in force by S.I. 2018/298, reg. 2(1)

[^key-ca74e67b641612eff9fb61e2d1bd0789]: S. 55 in force at 1.4.2019 in so far as not already in force by S.I. 2018/298, reg. 2(1)

[^key-5b65089d2cc14587340cf0fb520fd4f0]: S. 57 in force at 1.4.2019 in so far as not already in force by S.I. 2018/298, reg. 2(1)

[^key-26595e43b86bd5df98bb5f43f9cd74cc]: S. 58 in force at 1.4.2019 in so far as not already in force by S.I. 2018/298, reg. 2(1)

[^key-438f3638e0167b7bbf2b2b35e36a1442]: S. 59 in force at 1.4.2019 in so far as not already in force by S.I. 2018/298, reg. 2(1)

[^key-e6dc4aec48f36d658580593170cc78cf]: S. 19(13) inserted (with effect in relation to accounting periods beginning on or after 1.4.2020 of the amending Act) by Finance Act 2020 (c. 14), Sch. 4 paras. 23(3), 42 (with Sch. 4 paras. 43-46)

[^key-3ec635e155bee19538701eb80f956ed5]: S. 19(8)(za) inserted (with effect in relation to accounting periods beginning on or after 1.4.2020 of the amending Act) by Finance Act 2020 (c. 14), Sch. 4 paras. 23(2), 42 (with Sch. 4 paras. 43-46)

[^key-7be2549316d5bac3880cb31fcfd93aba]: S. 61(6) modified (22.7.2020) by Finance Act 2020 (c. 14), s. 104(5)

[^key-5d16dabb14bb2a65e8270a8f32e0b922]: Sch. 11 para. 1(6A) inserted (22.7.2020) by Finance Act 2020 (c. 14), s. 16(2)(a)

[^key-9263d5f954e24e15056b6accd3bfbfef]: Words in Sch. 11 para. 1(7) inserted (22.7.2020) by Finance Act 2020 (c. 14), s. 16(2)(b)(i)

[^key-96c47ea62e0cc7b416d798a17bbb9389]: Words in Sch. 11 para. 1(7)(a) substituted (22.7.2020) by Finance Act 2020 (c. 14), s. 16(2)(b)(ii)

[^key-7084e0016f6268aec6eafd69b50f9dce]: Words in Sch. 11 para. 1(1)(b) substituted (22.7.2020) by Finance Act 2020 (c. 14), s. 15(1)

[^key-14a0ea16ed5c1912815ab7c60402adc0]: Words in Sch. 11 para. 1(2) substituted (22.7.2020) by Finance Act 2020 (c. 14), Sch. 2 para. 2

[^key-80f9cd3be6f65472179d7294fd33deea]: Words in Sch. 11 para. 3(1) substituted (22.7.2020) by Finance Act 2020 (c. 14), Sch. 2 para. 28

[^key-a2b744488b67ebf8bb895b481ba5fea0]: Sch. 11 Pt. 2 heading substituted (22.7.2020) by Finance Act 2020 (c. 14), Sch. 2 para. 9

[^key-ead50c6d24bf83e218a26ba67b32f8f8]: Sch. 11 para. 1A inserted (22.7.2020) by Finance Act 2020 (c. 14), s. 16(3)

[^key-12d9e8b00a92b5218c67be9353005699]: Sch. 11 para. 1B inserted (22.7.2020) by Finance Act 2020 (c. 14), s. 17(1)

[^key-0634a5980ac0bc1c239ea9fc55a63ffe]: Sch. 11 para. 35ZA and cross-heading inserted (22.7.2020) by Finance Act 2020 (c. 14), Sch. 2 para. 38

[^key-877452f0a9ff87279645291dd0c0d53d]: Sch. 11 para. 2(6) omitted (22.7.2020) by virtue of Finance Act 2020 (c. 14), Sch. 2 para. 4

[^key-b622df12a028f79f23b93413a1d61019]: Words in Sch. 11 para. 2(2) substituted (22.7.2020) by Finance Act 2020 (c. 14), Sch. 2 para. 27(a)

[^key-f07bf07489317ac9d9be2eda3e6857f3]: Words in Sch. 11 para. 2(4) substituted (22.7.2020) by Finance Act 2020 (c. 14), Sch. 2 para. 27(b)

[^key-4c7f25810c5e3dae602960a1c119d668]: Words in Sch. 11 para. 2(5) substituted (22.7.2020) by Finance Act 2020 (c. 14), Sch. 2 para. 27(c)

[^key-f69914a815d1d60064ec592bfd1c4c31]: Words in Sch. 11 para. 7(3) inserted (22.7.2020) by Finance Act 2020 (c. 14), Sch. 2 para. 31

[^key-22c3fd5c2a9b4a0b098ed01b73bccacb]: Sch. 11 para. 35A(3) omitted (22.7.2020) by virtue of Finance Act 2020 (c. 14), Sch. 2 para. 13(2)

[^key-b70a928d37260f60e2723ab66ad12cee]: Word in Sch. 11 para. 35A(4) substituted (22.7.2020) by Finance Act 2020 (c. 14), Sch. 2 para. 13(3)

[^key-8735406c9d770b008da9538dcf2c2241]: Word in Sch. 11 para. 35A(5) substituted (22.7.2020) by Finance Act 2020 (c. 14), Sch. 2 para. 13(4)(a)

[^key-60d6f4ef2cc8e5ca6fdbee356c9497b6]: Words in Sch. 11 para. 35A(5)(a) substituted (22.7.2020) by Finance Act 2020 (c. 14), Sch. 2 para. 13(4)(b)

[^key-a5eac4bfdb265dfbc28db48831d79143]: Words in Sch. 11 para. 35A(5)(b) substituted (22.7.2020) by Finance Act 2020 (c. 14), Sch. 2 para. 13(4)(c)(i)

[^key-7e44427b91a444293df2caa989875599]: Words in Sch. 11 para. 35A(5)(b) omitted (22.7.2020) by virtue of Finance Act 2020 (c. 14), Sch. 2 para. 13(4)(c)(ii)

[^key-7cb12703b1ffebee9908f5d8f5535053]: Word in Sch. 11 para. 35A(6) substituted (22.7.2020) by Finance Act 2020 (c. 14), Sch. 2 para. 13(5)

[^key-1086c945fce68a52083a82462ace0665]: Sch. 11 para. 35A(7)(b) omitted (22.7.2020) by virtue of Finance Act 2020 (c. 14), Sch. 2 para. 13(6)

[^M_F_5f199395-353f-4828-91cc-818583bb5c37]: Word in Sch. 11 para. 35B(1) omitted (22.7.2020) by virtue of Finance Act 2020 (c. 14), Sch. 2 para. 14

[^M_F_91cdaf24-c884-4591-db8c-2164ecafa6ed]: Words in Sch. 11 para. 35C(2)(b) substituted (22.7.2020) by Finance Act 2020 (c. 14), s. 19(2)

[^key-3a13dc4385cd6d3ce70dac1463935b88]: Words in Sch. 11 para. 4(1)(b)(ii) substituted (22.7.2020) by Finance Act 2020 (c. 14), Sch. 2 para. 5(2)

[^key-362a2310a63a075a3de3d36a027e7eaa]: Words in Sch. 11 para. 4(2) substituted (22.7.2020) by Finance Act 2020 (c. 14), Sch. 2 para. 5(3)

[^key-2bde720fca8a848cf302cf625bb8c96c]: Sch. 11 para. 4(4) omitted (22.7.2020) by virtue of Finance Act 2020 (c. 14), Sch. 2 para. 5(4)

[^key-d5e4ed1680f3e6a5763259bfaf38e06c]: Words in Sch. 11 para. 4(6) substituted (22.7.2020) by Finance Act 2020 (c. 14), Sch. 2 para. 29

[^key-d7d28efe7974eef2af43a9b20119fabe]: Words in Sch. 11 para. 10(1)(b) inserted (22.7.2020) by Finance Act 2020 (c. 14), Sch. 2 para. 32

[^key-edac1506c9a91a99f2cb6e1c35077127]: Sch. 12 para. 1(3A)-(3G) inserted (22.7.2020) by Finance Act 2020 (c. 14), s. 16(5)(c)

[^key-d6ca914e113c7d8ac5320b63e90546ba]: Words in Sch. 12 para. 1(1) substituted (22.7.2020) by Finance Act 2020 (c. 14), s. 16(5)(a)

[^key-ff9650db8a675130d01abd0c5220981a]: Words in Sch. 12 para. 1(3) inserted (22.7.2020) by Finance Act 2020 (c. 14), s. 16(5)(b)(i)

[^key-b9a9c982c9fae9ac514bc2c7431a382e]: Sch. 12 para. 1(3)(b) substituted for Sch. 12 para. 1(3)(b)(c) (22.7.2020) by Finance Act 2020 (c. 14), s. 16(5)(b)(iii)

[^key-3952f69475ec918a690ad471ee0b1cb5]: Words in Sch. 12 para. 1(3)(a) substituted (22.7.2020) by Finance Act 2020 (c. 14), s. 16(5)(b)(ii)

[^key-3bb08f83e6a5d51a03dc84f4aece4999]: Words in Sch. 12 para. 1(2)(a) substituted (22.7.2020) by Finance Act 2020 (c. 14), s. 15(2)

[^key-4a4e24363eeb465105b39ad676e9a197]: Words in Sch. 11 para. 35D(1)(e) omitted (22.7.2020) by virtue of Finance Act 2020 (c. 14), Sch. 2 para. 15(2)(a)

[^key-99e3bbe499d9bd3292950740c6297d76]: Word in Sch. 11 para. 35D(1)(j) omitted (22.7.2020) by virtue of Finance Act 2020 (c. 14), Sch. 2 para. 15(2)(b)

[^key-39c8a06e7d6b553da504f878e2f0e40b]: Words in Sch. 11 para. 35D(1)(k) omitted (22.7.2020) by virtue of Finance Act 2020 (c. 14), Sch. 2 para. 15(2)(c)

[^key-d88dea297ba15c8fd8acdc36c7529321]: Sch. 11 para. 35D(2)(a) omitted (22.7.2020) by virtue of Finance Act 2020 (c. 14), Sch. 2 para. 15(3)

[^key-b15ac3119e67b1fa793c3b9758520a11]: Words in Sch. 11 para. 13(2)(b) substituted (22.7.2020) by Finance Act 2020 (c. 14), Sch. 2 para. 35

[^key-931fe9aca50b58a8942df50cbee36c8e]: Words in Sch. 11 para. 13(1)(b) substituted (22.7.2020) by Finance Act 2020 (c. 14), Sch. 2 para. 7

[^key-09b8af65416b423590111dc12aa8e18b]: Words in Sch. 11 para. 23(1)(d) substituted (22.7.2020) by Finance Act 2020 (c. 14), Sch. 2 para. 12(2)(a)

[^key-9c7c38857532abce702237e5f2be0328]: Words in Sch. 11 para. 23(1)(e) substituted (22.7.2020) by Finance Act 2020 (c. 14), Sch. 2 para. 12(2)(b)

[^key-ef78307eef2deeb1dd5586040321016e]: Sch. 11 para. 23(4) omitted (22.7.2020) by virtue of Finance Act 2020 (c. 14), Sch. 2 para. 12(3)

[^key-a769f5729534c92cd17a5ec38cd8c8de]: Words in Sch. 11 para. 36(2) substituted (22.7.2020) by Finance Act 2020 (c. 14), Sch. 2 para. 16(3)

[^key-2021610a93c24decd257c87067f36091]: Words in Sch. 11 para. 36(1)(b) substituted (22.7.2020) by Finance Act 2020 (c. 14), Sch. 2 para. 16(2)

[^key-68849cdf6e3367b6b98af4b9fa3d58a2]: Sch. 11 para. 36(4) omitted (22.7.2020) by virtue of Finance Act 2020 (c. 14), Sch. 2 para. 16(4)

[^key-78c5096776ababbd46437356c7c38ab0]: Words in Sch. 11 para. 5(1)(b) substituted (22.7.2020) by Finance Act 2020 (c. 14), Sch. 2 para. 6

[^key-2d6be23047df941b5c7a5acda34d647d]: Words in Sch. 11 para. 5(2)(b) substituted (22.7.2020) by Finance Act 2020 (c. 14), Sch. 2 para. 30

[^key-5c3ce82c283941c13305b0d0994de68b]: Words in Sch. 12 para. 19(1)(e) substituted (22.7.2020) by Finance Act 2020 (c. 14), Sch. 2 para. 21(2)(a)

[^key-4ce3e3cf03b77faceeae54536919cb1e]: Words in Sch. 12 para. 19(1)(f) substituted (22.7.2020) by Finance Act 2020 (c. 14), Sch. 2 para. 21(2)(b)

[^key-9f4cf21e3462417ebaf3e2bba7d1cf5f]: Sch. 12 para. 19(3) omitted (22.7.2020) by virtue of Finance Act 2020 (c. 14), Sch. 2 para. 21(3)

[^key-6862bb5ab1366a05772d717d824aa2f5]: Words in Sch. 11 para. 11(1) substituted (22.7.2020) by Finance Act 2020 (c. 14), Sch. 2 para. 33

[^key-02b33732f4c81c913cd47b28d0a1e5d8]: Words in Sch. 11 para. 12(5) substituted (22.7.2020) by Finance Act 2020 (c. 14), Sch. 2 para. 34

[^key-28ade384cdf0c486fa483a0d1b474035]: Words in Sch. 11 para. 15(3) inserted (22.7.2020) by Finance Act 2020 (c. 14), Sch. 2 para. 36

[^key-116f4504b5bc0e408351e3974845ee1b]: Words in Sch. 11 para. 18(1)(b) inserted (22.7.2020) by Finance Act 2020 (c. 14), Sch. 2 para. 37

[^key-81f0f3b003bb1c575319d491ed42e31b]: Words in Sch. 11 para. 45 inserted (22.7.2020) by Finance Act 2020 (c. 14), s. 19(3)

[^key-e070054b644d33cf1b966ce746fdd060]: Sch. 12 para. 2(6) omitted (22.7.2020) by virtue of Finance Act 2020 (c. 14), Sch. 2 para. 19

[^key-ae6fc89f1ffa5e42c42d99677ed755c3]: Words in Sch. 12 para. 22(2)(b) substituted (22.7.2020) by Finance Act 2020 (c. 14), s. 19(4)

[^key-540de1a2d96a11264eccc18d832eaf66]: Sch. 11 para. 19 and cross-heading omitted (22.7.2020) by virtue of Finance Act 2020 (c. 14), Sch. 2 para. 8