Search Legislation

Advanced Search

Finance Act 1970

Changes to legislation:

There are outstanding changes not yet made by the legislation.gov.uk editorial team to Finance Act 1970. Those changes will be listed when you open the content using the Table of Contents below. Any changes that have already been made by the team appear in the content and are referenced with annotations. Help about Changes to Legislation

Close

Changes to Legislation

Revised legislation carried on this site may not be fully up to date. Changes and effects are recorded by our editorial team in lists which can be found in the ‘Changes to Legislation’ area. Where those effects have yet to be applied to the text of the legislation by the editorial team they are also listed alongside the affected provisions when you open the content using the Table of Contents below.

  1. Introductory Text

  2. Part I Customs and Excise

    1. 1.. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

    2. 2. Gaming licence duty.

    3. 3.. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

    4. 4.. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

    5. 5.. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

    6. 6.(1) . . . . . . . . ....

    7. 7.(1) . . . . . . . . ....

    8. 8.. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

    9. 9.. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

    10. 10.. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

  3. Part II Income Tax and Corporation Tax

    1. Chapter I General

      1. 11–14.. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

    2. 15.. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

    3. 16.. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

    4. 17.. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

    5. 18. Miscellaneous amendments of income tax and corporation tax law.

    6. Chapter II

      1. 19–26.. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

  4. PART III MISCELLANEOUS

    1. Capital gains

      1. 27.. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

      2. 28. Extension of class of securities exempt from tax on capital gains.

      3. 29. Taxation of mineral royalties.

      4. 30.. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

      5. 31.. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

    2. Stamp duties

      1. 32. Abolition of certain stamp duties, and amendments as to rates and other matters.

      2. 33.. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

    3. Other provisions

      1. 34.. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

      2. 35.. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

      3. 36. Citation, interpretation, construction, extent and repeals.

  5. SCHEDULES

    1. SCHEDULE 1

      Gaming Licence Duty

      1. Part I. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

      2. Part II Supplemental

        1. 1–13.. . . . . . . . . ....

        2. 14.. . . . . . . . . ....

        3. 15.. . . . . . . . . ....

        4. Consequential amendments of Gaming Act 1968

          1. 16.(1) . . . . . . . . ....

    2. SCHEDULE 2

      1. 1–4.. . . . . . . . . ....

      2. 5.. . . . . . . . . ....

    3. SCHEDULE 3

      1. 1.. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

      2. 2–7.. . . . . . . . . ....

      3. 8.. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

    4. SCHEDULE 4

      Amendments of Income Tax Acts and Corporation Tax Acts

      1. PART I

        1. . . . . . . . . . ....

      2. PART II Other Amendments

        1. 6.. . . . . . . . . ....

        2. 7.. . . . . . . . . ....

        3. 8.. . . . . . . . . ....

        4. 9.(1) . . . . . . . . ....

        5. Inland Revenue procedures: returns and assessments

          1. 10.In section 113 of the Management Act after subsection (1)...

          2. 11.. . . . . . . . . ....

    5. SCHEDULE 5. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

    6. SCHEDULE 6

      1. Part I

        1. 1, 2.. . . . . . . . . ....

      2. Part II Terminal Loss Relief

        1. 3.. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

        2. 4.. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

        3. 5.. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

        4. 6.. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

        5. 7.. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

        6. 8.. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

        7. 9.. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

    7. SCHEDULE 7

      1. Part I Abolition of Certain Duties

        1. Duties abolished as from 1st August 1970

          1. 1.(1) This paragraph has effect as from 1st August 1970....

        2. Duties abolished as from 1st February 1971

          1. 2.(1) This paragraph has effect as from 1st February 1971....

      2. Part II General Amendments

        1. 3.This Part of this Schedule, except paragraph 5, has effect...

        2. 4. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

        3. 5. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

        4. 6. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

        5. Bond, covenant, etc.

          1. 7.(1) The heading beginning “Bond, Covenant" in Schedule 1 to...

          2. 8. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

          3. 9. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

        6. Conveyance or transfer on sale

          1. 10, 11. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

          2. 12.Section 59(4) of the Stamp Act 1891 (contract for sale...

          3. 13.(1) Section 114 of the Stamp Act 1891 (composition for...

        7. Lease or tack

          1. 14.In section 75(2) of the Stamp Act 1891 (duty of...

          2. 15. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

        8. Mortgages etc.

          1. 16.(1) The heading beginning “Mortgage, Bond, Debenture, Covenant" in Schedule...

          2. 17. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

      3. Part III Special Provisions Connected with the New Currency

        1. 18. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

        2. Late stamping etc.

          1. 19.(1) Where immediately before 15th February 1971 any instrument chargeable...

    8. SCHEDULE 8

      Repeals

      1. Part I Gaming Licence Duty

        1. The repeals in this Part of this Schedule do not...

      2. Part II Other Customs and Excise Repeals

        1. The repeals in the Vehicles (Excise) Act 1962 and the...

      3. Part III Occupational Pension Schemes

      4. Part IV Stamp Duty Repeals having effect from 1st August 1970

        1. This Part of this Schedule has effect as from 1st...

      5. Part V Stamp Duty Repeals having effect from 1st February 1971

        1. This Part of this Schedule has effect as from 1st...

      6. Part VI Miscellaneous Repeals

        1. The repeal in Part II of Schedule 17 to the...

      7. Part VII Obsolete or Unnecessary Provisions in Taxes Acts

Back to top

Options/Help

Print Options

Close

Legislation is available in different versions:

Latest Available (revised):The latest available updated version of the legislation incorporating changes made by subsequent legislation and applied by our editorial team. Changes we have not yet applied to the text, can be found in the ‘Changes to Legislation’ area.

Original (As Enacted or Made):The original version of the legislation as it stood when it was enacted or made. No changes have been applied to the text.

Close

Opening Options

Different options to open legislation in order to view more content on screen at once

Close

More Resources

Access essential accompanying documents and information for this legislation item from this tab. Dependent on the legislation item being viewed this may include:

  • the original print PDF of the as enacted version that was used for the print copy
  • lists of changes made by and/or affecting this legislation item
  • confers power and blanket amendment details
  • all formats of all associated documents
  • correction slips
  • links to related legislation and further information resources
Close

More Resources

Use this menu to access essential accompanying documents and information for this legislation item. Dependent on the legislation item being viewed this may include:

  • the original print PDF of the as enacted version that was used for the print copy
  • correction slips

Click 'View More' or select 'More Resources' tab for additional information including:

  • lists of changes made by and/or affecting this legislation item
  • confers power and blanket amendment details
  • all formats of all associated documents
  • links to related legislation and further information resources