LegalizeReform history
Finance Act 2020
15 versions
· 2020-07-22
2026-03-18
Finance Act 2020
2025-11-20
Finance Act 2020
2025-04-28
Finance Act 2020
Changes on 2025-04-28
@@ -50,7 +50,7 @@
### Corporation tax charge and rates
#### Gains from contracts for life insurance etc: top slicing relief
#### Losses on disposal of shares: abolition of requirement to be UK business
##### 5
@@ -58,7 +58,7 @@
- (2) Accordingly, omit section 7(2) of F(No.2)A 2015 (which is superseded by the provision made by subsection (1)).
#### Section 48: meaning of “relevant operating expenses”
#### Relief for certain cross-border transactions
##### 6
@@ -8513,13 +8513,13 @@
- (11) Expressions used in this paragraph and in Schedule 13 have the same meaning in this paragraph as they have in that Schedule (subject to the modification made by sub-paragraph (10)(a)).
#### Income tax charge for tax year 2020-21
#### Main rates of income tax for tax year 2020-21
#### Determining the appropriate percentage for a car: tax year 2020-21 only
#### Determining the appropriate percentage for a car: tax year 2021-22 only
#### Apprenticeship bursaries paid to persons leaving local authority care
#### Tax treatment of certain Scottish social security benefits
#### Voluntary office-holders: payments in respect of expenses
@@ -8527,13 +8527,13 @@
#### Election for loan charge to be split over three tax years
#### Loan charge reduced where underlying liability disclosed but unenforceable
#### Repaying sums paid to HMRC under agreements relating to certain loans etc
#### Entrepreneurs' relief
#### Corporate capital losses
#### Relief from interest on tax payable by a person subject to the loan charge
#### Operation of the scheme
#### Relief on disposal of private residence
#### Quarterly instalment payments
#### Relief from CGT for loans to traders
@@ -8541,33 +8541,33 @@
#### Structures and buildings allowances: rate of relief
#### Structures and buildings allowances: miscellaneous amendments
#### Non-UK resident companies carrying on UK property businesses etc
#### CT payment plans for tax on certain transactions with EEA residents
#### Digital services tax: introduction
#### Duty to notify HMRC when threshold conditions are met
#### Intangible fixed assets: pre-FA 2002 assets etc
#### Surcharge on banking companies: transferred-in losses
#### Changes to accounting standards affecting leases
#### Meaning of “digital services revenues”
#### Duty to notify HMRC of change in relevant information
#### Excluded property etc
#### Transfers between settlements etc
#### Relief for payments to victims of persecution during Second World War era
#### Stamp duty: transfers of unlisted securities and connected persons
#### Post-duty point dilution of wine or made-wine
#### Exceptional circumstances preventing disposal of interest in three year period
#### SDRT: unlisted securities and connected persons
#### Rates of tobacco products duty
#### Applicable CO2 emissions figure determined using WLTP values
#### Electric vehicles: extension of exemption
#### Motor caravans
#### HGV road user levy: transitional provision for end of exempt period
#### Exemption in respect of medical courier vehicles
#### HGV road user levy : exempt period
#### Amounts of gross gaming yield charged to gaming duty
@@ -9019,6 +9019,10 @@
[^key-6a4a999a6fc2b55bc3105bc043c8ae5c]: Words in [Sch. 15 para. 2(6)](https://www.legislation.gov.uk/ukpga/2020/14/schedule/15/paragraph/2/6) inserted (22.2.2024) by [Finance Act 2024 (c. 3)](https://www.legislation.gov.uk/ukpga/2024/3), [s. 12(3)(c)(iii)](https://www.legislation.gov.uk/ukpga/2024/3/section/12/3/c/iii)
[^key-fbea24138a3e3f98e98f2fc5d84d9a71]: [Sch. 15 para. 10(3)(b)](https://www.legislation.gov.uk/ukpga/2020/14/schedule/15/paragraph/10/3/b) applied (28.4.2025) by [The Horizon Shortfall Scheme Appeals (Tax Exemptions and Relief) Regulations 2025 (S.I. 2025/434)](https://www.legislation.gov.uk/uksi/2025/434), [regs. 1](https://www.legislation.gov.uk/uksi/2025/434/regulation/1), [7(1)](https://www.legislation.gov.uk/uksi/2025/434/regulation/7/1)
[^key-938a77256d2e928a1753a68e9d68728f]: [Sch. 15 para. 10(4)(b)](https://www.legislation.gov.uk/ukpga/2020/14/schedule/15/paragraph/10/4/b) applied (28.4.2025) by [The Horizon Shortfall Scheme Appeals (Tax Exemptions and Relief) Regulations 2025 (S.I. 2025/434)](https://www.legislation.gov.uk/uksi/2025/434), [regs. 1](https://www.legislation.gov.uk/uksi/2025/434/regulation/1), [7(2)](https://www.legislation.gov.uk/uksi/2025/434/regulation/7/2)
##### 88A
- (1) This section applies where—
@@ -9073,35 +9077,35 @@
- (10) In this section “*UK heavy goods vehicle*” has the same meaning as in the HGV Road User Levy Act 2013 (see section 2 of that Act).
#### Rates of air passenger duty from 1 April 2021
#### Rates of climate change levy until 1 April 2021
#### Rebated fuel: private pleasure craft
#### Amounts of gross gaming yield charged to gaming duty
#### Rates of climate change levy from 1 April 2021
#### Rates of landfill tax
#### Charge for allocating allowances under emissions reduction trading scheme
#### Carbon emissions tax
#### HMRC debts: priority on insolvency
#### Joint and several liability of company directors etc
#### HMRC debts: regulations
#### Interest on unpaid tax in case of disaster etc of national significance
#### Enterprise management incentives
#### Taxation of coronavirus support payments
#### Modifications of the statutory residence test in connection with coronavirus
#### Preparing for a new tax in respect of certain plastic packaging
#### Short title
#### Future Fund: EIS and SEIS relief
#### Interpretation
## Part 1 — Income tax and other related relief
## Part 2 — Corporation tax and other related relief
#### Introductory
#### Relevant compensation payments
##### 6
2024-02-22
Finance Act 2020
2023-07-11
Finance Act 2020
2023-04-06
Finance Act 2020
2022-05-12
Finance Act 2020
2022-04-28
Finance Act 2020
2022-02-24
Finance Act 2020
2021-10-01
Finance Act 2020
2021-06-29
Finance Act 2020
2021-06-10
Finance Act 2020
2021-04-06
Finance Act 2020
2021-02-22
Finance Act 2020
2020-07-22
Finance Act 2020
original version
Text at this date