Search Legislation

Finance (No. 2) Act 1992

Changes to legislation:

There are outstanding changes not yet made by the legislation.gov.uk editorial team to Finance (No. 2) Act 1992. 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.

Information:

You searched for provisions that are applicable to Northern Ireland. The matching provisions are highlighted below. Where no highlighting is shown the matching result may be contained within a footnote.

  1. Introductory TextNext Match

  2. Part I Customs and Excise, Value Added Tax and Car TaxPrevious MatchNext Match

    1. Chapter I Customs and ExcisePrevious MatchNext Match

      1. Abolition of fiscal frontiers etc.Previous MatchNext Match

        1. 1. Powers to fix excise duty point.Previous MatchNext Match

        2. 2. Power to provide for drawback of excise duty.Previous MatchNext Match

        3. 3. Protection of revenues derived from excise duties.Previous MatchNext Match

        4. 4. Enforcement powers.Previous MatchNext Match

        5. 5. Controls of persons entering the United Kingdom.Previous MatchNext Match

      2. Other provisionsPrevious MatchNext Match

        1. 6. Abolition of duties on matches and mechanical lighters.Previous MatchNext Match

        2. 7. Bingo duty: increased exemption etc.Previous MatchNext Match

        3. 8. Tobacco products duty: retail price of cigarettes.Previous MatchNext Match

        4. 9. Amendments relating to new beer duty regime.Previous MatchNext Match

        5. 10. Search of aircraft.Previous MatchNext Match

        6. 11. Vehicles excise duty: goods vehicles.Previous MatchNext Match

        7. 12. Vehicles excise duty: disabled persons.Previous MatchNext Match

        8. 13. Vehicles excise duty: registration marks.Previous MatchNext Match

    2. Chapter II Value Added TaxPrevious MatchNext Match

      1. 14. Abolition of fiscal frontiers etc.Previous MatchNext Match

      2. 15. Time for raising and answering inquiries.Previous MatchNext Match

      3. 16. Special treatment for persons involved in farming etc.Previous MatchNext Match

      4. 17. Fuel and power.Previous MatchNext Match

    3. Chapter III Car TaxPrevious MatchNext Match

      1. 18. Abolition of fiscal frontiers.Previous MatchNext Match

  3. Part II Income Tax, Corporation Tax and Capital Gains TaxPrevious MatchNext Match

    1. Chapter I GeneralPrevious MatchNext Match

      1. Lower ratePrevious MatchNext Match

        1. 19. Lower rate: further provisions.Previous MatchNext Match

      2. Married couple’s allowance etc.Previous MatchNext Match

        1. 20. Married couple’s allowance etc.Previous MatchNext Match

      3. Corporation tax charge and ratePrevious MatchNext Match

        1. 21. Charge and rate of corporation tax for 1992.Previous MatchNext Match

        2. 22. Small companies.Previous MatchNext Match

      4. Capital gains taxPrevious MatchNext Match

        1. 23. Capital gains tax: rates.Previous MatchNext Match

      5. Groups etc.Previous MatchNext Match

        1. 24. Amendments relating to group relief etc.Previous MatchNext Match

        2. 25. Companies ceasing to be members of groups.Previous MatchNext Match

      6. Charities etc.Previous MatchNext Match

        1. 26. Donations to charity: minimum limits.Previous MatchNext Match

        2. 27. Covenanted payments to charity.Previous MatchNext Match

        3. 28. Powers of inspection.Previous MatchNext Match

      7. Interest, dividends and distributionsPrevious MatchNext Match

        1. 29. Returns of interest.Previous MatchNext Match

        2. 30. Foreign dividends.Previous MatchNext Match

        3. 31. Equity notes.Previous MatchNext Match

        4. 32. Information relating to distributions.Previous MatchNext Match

      8. Securities and depositsPrevious MatchNext Match

        1. 33. Deep gain securities.Previous MatchNext Match

        2. 34. Rights in pursuance of deposits.Previous MatchNext Match

        3. 35. Exchange of securities.Previous MatchNext Match

      9. Employee sharesPrevious MatchNext Match

        1. 36. Employee share ownership trusts.Previous MatchNext Match

        2. 37. Employee share schemes: special benefits.Previous MatchNext Match

      10. Business expansion schemePrevious MatchNext Match

        1. 38. No relief for shares issued after 1993.Previous MatchNext Match

        2. 39. Extension of relief for private rented housing: property managing companies.Previous MatchNext Match

        3. 40. Extension of relief for private rented housing: lettings to former owner-occupiers.Previous MatchNext Match

        4. 40A. Revenue nature of expenditure on master versions of filmsPrevious MatchNext Match

        5. 40B. Allocation of expenditure to periodsPrevious MatchNext Match

        6. 40C. Cases where section 40B does not applyPrevious MatchNext Match

        7. 40D. Election for sections 40A and 40B not to applyPrevious MatchNext Match

      11. FilmsPrevious MatchNext Match

        1. 41. Relief for preliminary expenditure.Previous MatchNext Match

        2. 42. Relief for production or acquisition expenditure.Previous MatchNext Match

        3. 43. Interpretation of sections 41 and 42.Previous MatchNext Match

      12. Transfers of tradePrevious MatchNext Match

        1. 44. Transfer of a UK trade: amendment of 1992 Act.Previous MatchNext Match

        2. 45. Transfer of a non-UK trade: amendment of 1992 Act.Previous MatchNext Match

        3. 46. Transfer of a trade: supplementary (1).Previous MatchNext Match

        4. 47. Transfer of a UK trade: amendment of 1970 Act.Previous MatchNext Match

        5. 48. Transfer of a non-UK trade: amendment of 1970 Act.Previous MatchNext Match

        6. 49. Transfer of a trade: supplementary (2).Previous MatchNext Match

      13. Double taxation reliefPrevious MatchNext Match

        1. 50. Transfer of a non-UK trade.Previous MatchNext Match

        2. 51. The Arbitration Convention.Previous MatchNext Match

        3. 52. Interest.Previous MatchNext Match

      14. MiscellaneousPrevious MatchNext Match

        1. 53. Car fuel: cash equivalents.Previous MatchNext Match

        2. 54. Foreign earnings.Previous MatchNext Match

        3. 55. Oil extraction activities: extended transportation.Previous MatchNext Match

        4. 56. Friendly societies.Previous MatchNext Match

        5. 57. Rents or receipts between connected persons.Previous MatchNext Match

        6. 58. Rent etc. chargeable under Case VI.Previous MatchNext Match

        7. 59. Furnished accommodation.Previous MatchNext Match

        8. 60. Deduction on account of certain payments.Previous MatchNext Match

        9. 61. Qualifying maintenance payments: extension to member States.Previous MatchNext Match

        10. 62. Qualifying maintenance payments: maintenance assessments etc.Previous MatchNext Match

        11. 63. Paying and collecting agents etc.Previous MatchNext Match

        12. 64. Reduced and composite rate.Previous MatchNext Match

        13. 65. Life assurance business: I minus E basis.Previous MatchNext Match

        14. 66. Banks etc. in compulsory liquidation.Previous MatchNext Match

    2. Chapter II Capital allowancesPrevious MatchNext Match

      1. 67. Transfer of a UK trade.Previous MatchNext Match

      2. 68. Computer software.Previous MatchNext Match

      3. 69. Films etc.Previous MatchNext Match

      4. 70. Enterprise zones.Previous MatchNext Match

      5. 71. Expensive motor cars.Previous MatchNext Match

  4. Part III Miscellaneous and GeneralPrevious MatchNext Match

    1. Inheritance taxPrevious MatchNext Match

      1. 72. Increase of rate bands.Previous MatchNext Match

      2. 73. Business and agricultural property relief.Previous MatchNext Match

    2. Petroleum revenue taxPrevious MatchNext Match

      1. 74. Oil exported direct from United Kingdom off-shore fields.Previous MatchNext Match

    3. General and Special CommissionersPrevious MatchNext Match

      1. 75. Change of name.Previous MatchNext Match

      2. 76. Miscellaneous.Previous MatchNext Match

    4. MiscellaneousPrevious MatchNext Match

      1. 77. Northern Ireland Electricity.Previous MatchNext Match

      2. 78. Gas levy: restriction of liability.Previous MatchNext Match

      3. 79. Treasury bills.Previous MatchNext Match

      4. 80. Publication of rates of interest.Previous MatchNext Match

    5. GeneralPrevious MatchNext Match

      1. 81. Interpretation.Previous MatchNext Match

      2. 82. Repeals.Previous MatchNext Match

      3. 83. Short title.Previous MatchNext Match

  5. SCHEDULES

    1. SCHEDULE 1Previous MatchNext Match

      Amendments relating to excise duties etc.Previous MatchNext Match

      1. The Customs and Excise Management Act 1979 (c. 2)Previous MatchNext Match

        1. 1.In section 1(1) of the Customs and Excise Management Act...Previous MatchNext Match

        2. 2.In section 43 of that Act (duty on imported goods)—...Previous MatchNext Match

        3. 3.In section 94 of that Act (deficiency in warehoused goods),...Previous MatchNext Match

        4. 4.In section 95(1) of that Act (application of section 94...Previous MatchNext Match

        5. 5.In section 96 of that Act (deficiency in certain goods...Previous MatchNext Match

        6. 6.(1) Subject to sub-paragraph (2) below, section 100H(1) of that...Previous MatchNext Match

        7. 7.In section 127A(1) of that Act (power to provide for...Previous MatchNext Match

      2. The Customs and Excise Duties (General Reliefs) Act 1979 (c. 3)Previous MatchNext Match

        1. 8.(1) In subsection (3) of section 13 of the Customs...Previous MatchNext Match

      3. The Alcoholic Liquor Duties Act 1979 (c. 4)Previous MatchNext Match

        1. 9.In section 36(2) of the Alcoholic Liquor Duties Act 1979...Previous MatchNext Match

        2. 10.(1) Subject to sub-paragraph (2) below, paragraph (d) of section...Previous MatchNext Match

        3. 11.(1) Subsection (1) of section 49 of that Act (regulations...Previous MatchNext Match

        4. 12.In section 54(1) of that Act (charge of duty on...Previous MatchNext Match

        5. 13.In section 55(1) of that Act (charge of duty on...Previous MatchNext Match

    2. SCHEDULE 2Previous MatchNext Match

      Protection of revenues derived from excise dutiesPrevious MatchNext Match

      1. The Customs and Excise Management Act 1979 (c. 2)Previous MatchNext Match

        1. 1.In section 1(1) of the Customs and Excise Management Act...Previous MatchNext Match

        2. 2.(1) In section 93 of that Act (regulation of warehouses...Previous MatchNext Match

        3. 3.In section 100(2) of that Act (forfeiture in respect of...Previous MatchNext Match

        4. 4.In section 100H(1) of that Act (provision that may be...Previous MatchNext Match

        5. 5.In section 117 of that Act (execution of distress against...Previous MatchNext Match

        6. 6.In section 129 of that Act (power to remit or...Previous MatchNext Match

        7. 7.In section 170 of that Act (fraudulent evasion of duty),...Previous MatchNext Match

        8. 8.After section 170 of that Act there shall be inserted...Previous MatchNext Match

        9. 9.In section 171(5) of that Act (which provides for the...Previous MatchNext Match

      2. The Customs and Excise Duties (General Reliefs) Act 1979 (c. 3)Previous MatchNext Match

        1. 10.In section 13C of the Customs and Excise Duties (General...Previous MatchNext Match

    3. SCHEDULE 3Previous MatchNext Match

      Value added tax: abolition of fiscal frontiers etc.Previous MatchNext Match

      1. Part I Previous MatchNext Match

        1. IntroductionPrevious MatchNext Match

          1. 1.The Value Added Tax Act 1983 shall be amended in...Previous MatchNext Match

        2. Imposition and extent of taxPrevious MatchNext Match

          1. 2.In section 1 (charge to tax), for the words from...Previous MatchNext Match

          2. 3.(1) After section 2 (scope of tax) there shall be...Previous MatchNext Match

        3. Meaning of supplyPrevious MatchNext Match

          1. 4.(1) In subsection (3) of section 3 (power to provide...Previous MatchNext Match

        4. Time of supplyPrevious MatchNext Match

          1. 5.In section 4(1) (time of supply), after “apply" there shall...Previous MatchNext Match

          2. 6.(1) After subsection (3) of section 5 (further provisions as...Previous MatchNext Match

        5. Place of supplyPrevious MatchNext Match

          1. 7.(1) In subsection (1) of section 6 (place of supply),...Previous MatchNext Match

          2. 8.After subsection (5) of section 7 (reverse charge on services...Previous MatchNext Match

          3. 9.In section 8(1) (place where supplier or recipient belongs), after...Previous MatchNext Match

        6. Acquisitions of goods from other member StatesPrevious MatchNext Match

          1. 10.After section 8 there shall be inserted the following sections—...Previous MatchNext Match

        7. Rate of tax and determination of valuePrevious MatchNext Match

          1. 11.In section 9(1) (rate of tax)— (a) after paragraph (a)...Previous MatchNext Match

          2. 12.(1) In subsection (1) of section 10 (value of supply...Previous MatchNext Match

          3. 13.After section 10 there shall be inserted the following section—...Previous MatchNext Match

          4. 14.(1) In subsection (1) of section 11 (value of imported...Previous MatchNext Match

        8. Credit for input tax against output taxPrevious MatchNext Match

          1. 15.(1) In subsection (1) of section 14 (credit for input...Previous MatchNext Match

          2. 16.(1) In subsection (1) of section 15 (input tax allowable...Previous MatchNext Match

        9. ReliefsPrevious MatchNext Match

          1. 17.(1) In subsection (3) of section 16 (no tax on...Previous MatchNext Match

          2. 18.In section 17(1) (exemptions), at the end there shall be...Previous MatchNext Match

          3. 19.(1) In section 18 (relief on supply of second-hand goods),...Previous MatchNext Match

          4. 20.(1) In subsection (1) of section 19 (relief from tax...Previous MatchNext Match

        10. Refunds of taxPrevious MatchNext Match

          1. 21.(1) In subsection (1) of section 20 (refund of tax...Previous MatchNext Match

          2. 22.After section 20 there shall be inserted the following section—...Previous MatchNext Match

          3. 23.(1) In subsection (1) of section 21 (refund of tax...Previous MatchNext Match

        11. RepaymentPrevious MatchNext Match

          1. 24.(1) In subsection (1) of section 23 (repayment of tax...Previous MatchNext Match

        12. Further provisions as to importation of goodsPrevious MatchNext Match

          1. 25.For subsections (1) to (3) of section 24 (application of...Previous MatchNext Match

          2. 26.In section 25 (importation of goods by taxable persons)— Previous MatchNext Match

          3. 27.In section 26(1) (goods imported for private purposes), after “a...Previous MatchNext Match

        13. Special casesPrevious MatchNext Match

          1. 28.(1) In subsection (2A) of section 27 (application to the...Previous MatchNext Match

          2. 29.In paragraph (c) of section 29(1) (tax on importation payable...Previous MatchNext Match

          3. 30.(1) In subsection (2) of section 29A (supplies to groups),...Previous MatchNext Match

          4. 31.(1) In subsection (1) of section 30 (partnerships)— Previous MatchNext Match

          5. 32.(1) In subsection (3) of section 31 (business carried on...Previous MatchNext Match

          6. 33.In section 32 (agents etc.), for subsection (2) there shall...Previous MatchNext Match

          7. 34.After section 32 there shall be inserted the following sections—...Previous MatchNext Match

          8. 35.For section 35 (supplies of dutiable goods in warehouse) there...Previous MatchNext Match

          9. 36.(1) In subsection (1) of section 36 (capital goods), after...Previous MatchNext Match

          10. 37.For section 37 (trading stamp schemes) there shall be substituted...Previous MatchNext Match

        14. GeneralPrevious MatchNext Match

          1. 38.In section 38 (which gives effect to Schedule 7), after...Previous MatchNext Match

          2. 39.(1) In subsection (1A) of section 39— Previous MatchNext Match

          3. 40.In subsection (1) of section 40 (appeals)— Previous MatchNext Match

          4. 41.(1) In subsection (1) of section 41 (supplies spanning change...Previous MatchNext Match

          5. 42.(1) In subsection (1) of section 43 (failure of resolution...Previous MatchNext Match

          6. 43.In section 46 (service of notices), for the words from...Previous MatchNext Match

          7. 44.After section 46 there shall be inserted the following sections—...Previous MatchNext Match

          8. 45.After section 47 there shall be inserted the following section—...Previous MatchNext Match

          9. 46.(1) In subsection (1) of section 48 (interpretation)— Previous MatchNext Match

          10. 47.In section 49 (refund of tax to Government of Northern...Previous MatchNext Match

        15. Registration in respect of suppliesPrevious MatchNext Match

          1. 48.(1) In sub-paragraph (1) of paragraph 1 of Schedule 1...Previous MatchNext Match

          2. 49.(1) In each of sub-paragraphs (1) and (4)(b) of paragraph...Previous MatchNext Match

          3. 50.After paragraph 1A of that Schedule there shall be inserted...Previous MatchNext Match

          4. 51.(1) In sub-paragraph (1) of paragraph 2 of that Schedule...Previous MatchNext Match

          5. 52.In paragraph 3(3) of that Schedule (notification of liability to...Previous MatchNext Match

          6. 53.In each of paragraphs 5 and 5A(1) of that Schedule...Previous MatchNext Match

          7. 54.In paragraph 7 of that Schedule (notification of end of...Previous MatchNext Match

          8. 55.In paragraph 7A of that Schedule (notification of end of...Previous MatchNext Match

          9. 56.(1) In sub-paragraph (1) of paragraph 8A of that Schedule...Previous MatchNext Match

          10. 57.(1) In sub-paragraph (1) of paragraph 9 of that Schedule...Previous MatchNext Match

          11. 58.(1) In sub-paragraph (1) of paragraph 11 of that Schedule...Previous MatchNext Match

        16. Registration in respect of supplies and acquisitions from other member StatesPrevious MatchNext Match

          1. 59.After Schedule 1 there shall be inserted the following Schedules—...Previous MatchNext Match

        17. Matters to be treated as supplies of goods or servicesPrevious MatchNext Match

          1. 60.(1) In Schedule 2 (matters to be treated as supplies...Previous MatchNext Match

        18. Special rules for valuationPrevious MatchNext Match

          1. 61.(1) In Schedule 4, paragraphs 2 and 5 (valuation for...Previous MatchNext Match

          2. 62.After Schedule 4 there shall be inserted the following Schedule—...Previous MatchNext Match

        19. Zero-rated suppliesPrevious MatchNext Match

          1. 63.(1) In Schedule 5 (zero-rated supplies), in Note (1) of...Previous MatchNext Match

        20. Administration, collection and enforcementPrevious MatchNext Match

          1. 64.(1) In paragraph 2 of Schedule 7 (regulations about accounting...Previous MatchNext Match

          2. 65.In paragraph 3 of that Schedule (computer records of particulars...Previous MatchNext Match

          3. 66.(1) In sub-paragraph (2A) of paragraph 4 of that Schedule...Previous MatchNext Match

          4. 67.After paragraph 4 of that Schedule there shall be inserted...Previous MatchNext Match

          5. 68.In paragraph 5(2) of that Schedule (requirement of security), at...Previous MatchNext Match

          6. 69.In paragraph 6 of that Schedule (enforcement and recovery of...Previous MatchNext Match

          7. 70.In paragraph 7(1) of that Schedule (duty to keep records),...Previous MatchNext Match

          8. 71.(1) In sub-paragraph (2) of paragraph 8 of that Schedule...Previous MatchNext Match

          9. 72.In paragraph 9(1) of that Schedule (power to take samples),...Previous MatchNext Match

          10. 73.In paragraph 10(2) of that Schedule (power of entry to...Previous MatchNext Match

          11. 74.In paragraph 11(1) of that Schedule (evidence by certificate), after...Previous MatchNext Match

        21. Transitional provisionsPrevious MatchNext Match

          1. 75.In paragraph 6 of Schedule 10 (relief for vehicles in...Previous MatchNext Match

      2. Part II Previous MatchNext Match

        1. IntroductionPrevious MatchNext Match

          1. 76.Chapter II of Part I of the Finance Act 1985...Previous MatchNext Match

        2. Civil penaltiesPrevious MatchNext Match

          1. 77.(1) In subsection (2) of section 13 (tax evasion)— Previous MatchNext Match

          2. 78.In section 14(5B)(b) (references to input tax for purposes of...Previous MatchNext Match

          3. 79.After section 14A there shall be inserted the following section—...Previous MatchNext Match

          4. 80.(1) In subsection (1) of section 15 (penalties for breach...Previous MatchNext Match

          5. 81.In section 17(1) (penalties for breach of regulatory provisions)— Previous MatchNext Match

          6. 82.After section 17 there shall be inserted the following section—...Previous MatchNext Match

        3. Interest on taxPrevious MatchNext Match

          1. 83.In section 18(1)(c) (interest recovered or recoverable on assessment), after...Previous MatchNext Match

        4. AssessmentsPrevious MatchNext Match

          1. 84.(1) In subsection (1) of section 21 (assessment to penalty),...Previous MatchNext Match

          2. 85.(1) In subsection (1) of section 22 (time limits for...Previous MatchNext Match

          3. 86.In section 33(5)(a) (interpretation and construction of Chapter II), for...Previous MatchNext Match

      3. Part III Consequential amendments of other enactmentsPrevious MatchNext Match

        1. The Diplomatic Privileges Act 1964 (c. 81)Previous MatchNext Match

          1. 87.In section 2(5A) of the Diplomatic Privileges Act 1964 (construction...Previous MatchNext Match

        2. The Commonwealth Secretariat Act 1966 (c. 10)Previous MatchNext Match

          1. 88.In paragraph 10 of the Schedule to the Commonwealth Secretariat...Previous MatchNext Match

        3. The Consular Relations Act 1968 (c. 18)Previous MatchNext Match

          1. 89.(1) In section 1(8A) of the Consular Relations Act 1968...Previous MatchNext Match

        4. The International Organisations Act 1968 (c. 48)Previous MatchNext Match

          1. 90.In Schedule 1 to the International Organisations Act 1968 (privileges...Previous MatchNext Match

        5. The Vehicles (Excise) Act 1971 (c. 10)Previous MatchNext Match

          1. 91.. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .Previous MatchNext Match

        6. The Diplomatic and other Privileges Act 1971 (c. 64)Previous MatchNext Match

          1. 92.In section 1 of the Diplomatic and other Privileges Act...Previous MatchNext Match

        7. The Customs and Excise Duties (General Reliefs) Act 1979 (c. 3)Previous MatchNext Match

          1. 93.In section 13(4) of the Customs and Excise Duties (General...Previous MatchNext Match

        8. The Finance Act 1986 (c. 41)Previous MatchNext Match

          1. 94.In section 9 of the Finance Act 1986 (fuel for...Previous MatchNext Match

        9. The Income and Corporation Taxes Act 1988 (c. 1)Previous MatchNext Match

          1. 95.In section 827(1)(a) of the Income and Corporation Taxes Act...Previous MatchNext Match

    4. SCHEDULE 4Previous MatchNext Match

      Car tax: abolition of fiscal frontiersPrevious MatchNext Match

      1. 1.The Car Tax Act 1983 shall be amended in accordance...Previous MatchNext Match

      2. 2.(1) In subsection (1) of section 1 (vehicles charged to...Previous MatchNext Match

      3. 3.In section 4 (registration of makers and importers of chargeable...Previous MatchNext Match

      4. 4.(1) In subsection (1) of section 5 (person by whom...Previous MatchNext Match

      5. 5.(1) In section 7 (remission of tax on certain vehicles),...Previous MatchNext Match

      6. 6.In section 9 (interpretation), after “in this Act-" there shall...Previous MatchNext Match

      7. 7.(1) In Schedule 1 (administration and collection), after paragraph 1...Previous MatchNext Match

      8. 8.In paragraph 6 of Schedule 2 (transitional provisions for vehicles...Previous MatchNext Match

    5. SCHEDULE 5Previous MatchNext Match

      Married couple’s allowance etc.Previous MatchNext Match

      1. 1.The Taxes Act 1988 shall be amended in accordance with...Previous MatchNext Match

      2. 2.The following sections shall be substituted for section 257B (transfer...Previous MatchNext Match

      3. 3.. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .Previous MatchNext Match

      4. 4.. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .Previous MatchNext Match

      5. 5.. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .Previous MatchNext Match

      6. 6.. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .Previous MatchNext Match

      7. 7.. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .Previous MatchNext Match

      8. 8.(1) Section 265 (blind person’s allowance) shall be amended as...Previous MatchNext Match

      9. 9.(1) The Taxes Management Act 1970 shall be amended as...Previous MatchNext Match

      10. 10.This Schedule shall apply in relation to tax for the...Previous MatchNext Match

    6. SCHEDULE 6Previous MatchNext Match

      Group relief etc: amendmentsPrevious MatchNext Match

      1. Main amendmentsPrevious MatchNext Match

        1. 1.In Schedule 18 to the Taxes Act 1988 (group relief:...Previous MatchNext Match

        2. 2.In that Schedule the following paragraphs shall be inserted after...Previous MatchNext Match

      2. Other amendmentsPrevious MatchNext Match

        1. 3.In paragraph 6 of that Schedule for “5" there shall...Previous MatchNext Match

        2. 4.In section 272 of the Income and Corporation Taxes Act...Previous MatchNext Match

        3. 5.In section 170 of the Taxation of Chargeable Gains Act...Previous MatchNext Match

      3. Application of amendmentsPrevious MatchNext Match

        1. 6.(1) Sub-paragraph (2) below shall apply where either of the...Previous MatchNext Match

        2. 7.Paragraph 2 above shall apply where the option arrangements are...Previous MatchNext Match

        3. 8.Paragraph 3 above shall apply in accordance with paragraphs 6...Previous MatchNext Match

        4. 9.Subject to the repeals made by the Taxation of Chargeable...Previous MatchNext Match

        5. 10.The Taxation of Chargeable Gains Act 1992 shall have effect,...Previous MatchNext Match

    7. SCHEDULE 7Previous MatchNext Match

      1. 1.Schedule 11 to the Finance Act 1989 (deep gain securities)...Previous MatchNext Match

      2. 2.In paragraph 1 (definition of deep gain securities) for sub-paragraph...Previous MatchNext Match

      3. 3.In paragraph 2 (definition of qualifying indexed securities) in sub-paragraph...Previous MatchNext Match

      4. 4.The following shall be inserted after paragraph 19— Early redemption:...Previous MatchNext Match

      5. 5.(1) In paragraph 21 (non-gilts: special rules) in sub-paragraph (3)...Previous MatchNext Match

      6. 6.The following shall be inserted after paragraph 22B— No particular...Previous MatchNext Match

      7. 7.The amendments made by this Schedule shall be deemed always...Previous MatchNext Match

      8. 8.Any such adjustment as is appropriate in consequence of this...Previous MatchNext Match

    8. SCHEDULE 8Previous MatchNext Match

      Rights in pursuance of depositsPrevious MatchNext Match

      1. Disposal or exercise of rightsPrevious MatchNext Match

        1. 1.The following section shall be inserted after section 56 of...Previous MatchNext Match

      2. Building societiesPrevious MatchNext Match

        1. 2.(1) Section 349 of that Act (payments not out of...Previous MatchNext Match

        2. 3.(1) Section 477A of that Act (regulations for deduction of...Previous MatchNext Match

      3. Deposit-takersPrevious MatchNext Match

        1. 4.In section 481 of that Act (definition of relevant deposit...Previous MatchNext Match

      4. Accrued income schemePrevious MatchNext Match

        1. 5.In section 710 of that Act (definitions for purposes of...Previous MatchNext Match

      5. GeneralPrevious MatchNext Match

        1. 6.This Schedule shall apply in relation to arrangements made after...Previous MatchNext Match

    9. SCHEDULE 9Previous MatchNext Match

      Friendly societiesPrevious MatchNext Match

      1. Amendments of the Taxes Act 1988Previous MatchNext Match

        1. 1.The Taxes Act 1988 shall be amended in accordance with...Previous MatchNext Match

        2. 2.(1) Section 266 (personal reliefs: life assurance premiums) shall be...Previous MatchNext Match

        3. 3.. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .Previous MatchNext Match

        4. 4.In section 459 (exemption from tax for unregistered friendly societies...Previous MatchNext Match

        5. 5.(1) Section 460 (exemption from tax for registered friendly societies...Previous MatchNext Match

        6. 6.In section 461 (taxation of registered friendly societies in respect...Previous MatchNext Match

        7. 7.The following sections shall be inserted after section 461— Taxation...Previous MatchNext Match

        8. 8.(1) Section 462 (conditions for tax exempt business) shall be...Previous MatchNext Match

        9. 9.In section 462A (election as to tax exempt business) the...Previous MatchNext Match

        10. 10.In section 463 (life or endowment business: application of the...Previous MatchNext Match

        11. 11.(1) Section 464 (maximum benefits payable to members) shall be...Previous MatchNext Match

        12. 12.In section 465 (old societies) the following subsection shall be...Previous MatchNext Match

        13. 13.The following section shall be inserted after section 465— Assets...Previous MatchNext Match

        14. 14.(1) Section 466 (interpretation of sections 459 to 465) shall...Previous MatchNext Match

        15. 15.In section 539 (life policies etc: introductory) in subsection (3)...Previous MatchNext Match

        16. 16.In section 599 (charge to tax: commutation of entire pension...Previous MatchNext Match

        17. 17.In section 630 (personal pension schemes: interpretation) for paragraph (b)...Previous MatchNext Match

        18. 18.(1) Schedule 14 (provisions ancillary to section 266) shall be...Previous MatchNext Match

        19. 19.(1) Schedule 15 (qualifying policies) shall be amended as follows....Previous MatchNext Match

      2. Amendments of enactments relating to chargeable gainsPrevious MatchNext Match

        1. 20.(1) Subject to the repeals made by the Taxation of...Previous MatchNext Match

        2. 21.The Taxation of Chargeable Gains Act 1992 shall be amended...Previous MatchNext Match

      3. CommencementPrevious MatchNext Match

        1. 22.(1) This Schedule shall come into force on such day...Previous MatchNext Match

    10. SCHEDULE 10Previous MatchNext Match

      Furnished AccommodationPrevious MatchNext Match

      1. IntroductionPrevious MatchNext Match

        1. 1.Paragraphs 2 to 8 below apply for the purposes of...Previous MatchNext Match

        2. 2.(1) An individual is a qualifying individual for a year...Previous MatchNext Match

        3. 3.As regards a year of assessment a period is a...Previous MatchNext Match

        4. 4.A residence is a qualifying residence if it is the...Previous MatchNext Match

        5. 5.(1) This paragraph applies to determine an individual’s limit for...Previous MatchNext Match

        6. 6.The basic amount for a year of assessment is— Previous MatchNext Match

        7. 7.“Residence” means a building, or part of a building, occupied...Previous MatchNext Match

        8. 8.Relevant goods and services are meals, cleaning, laundry and goods...Previous MatchNext Match

      2. Exemption etc.Previous MatchNext Match

        1. 9.(1) This paragraph applies if— (a) an individual is a...Previous MatchNext Match

        2. 10.(1) An individual may elect that paragraph 9 above shall...Previous MatchNext Match

      3. Adjusted profits etc.Previous MatchNext Match

        1. 11.(1) This paragraph applies if— (a) an individual is a...Previous MatchNext Match

        2. 12.(1) An individual may elect that paragraph 11 above shall...Previous MatchNext Match

      4. Application of SchedulePrevious MatchNext Match

        1. 13.This Schedule shall apply in relation to the year 1992-93...Previous MatchNext Match

    11. SCHEDULE 11Previous MatchNext Match

      Paying and collecting agents etc.Previous MatchNext Match

      1. 1.. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .Previous MatchNext Match

      2. 2.. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .Previous MatchNext Match

      3. 3.In section 86 of the Taxes Management Act 1970 (interest...Previous MatchNext Match

      4. 4.. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .Previous MatchNext Match

      5. 5.. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .Previous MatchNext Match

      6. 6.This Schedule shall have effect in relation to transactions effected...Previous MatchNext Match

    12. SCHEDULE 12Previous MatchNext Match

      Banks etc. in compulsory liquidationPrevious MatchNext Match

      1. IntroductoryPrevious MatchNext Match

        1. 1.(1) This Schedule applies where— (a) a company is being,...Previous MatchNext Match

        2. 2.(1) Sub-paragraphs (2) to (5) below apply for the purposes...Previous MatchNext Match

      2. Taxation of certain receipts under Case VI of Schedule DPrevious MatchNext Match

        1. 3.(1) Tax shall be charged under Case VI of Schedule...Previous MatchNext Match

      3. Relief from taxPrevious MatchNext Match

        1. 4.(1) In computing the tax that is chargeable by virtue...Previous MatchNext Match

      4. Application of charge etc. where rights to payments transferredPrevious MatchNext Match

        1. 5.Where the right of the company or its liquidator to...Previous MatchNext Match

      5. Election for carry-backPrevious MatchNext Match

        1. 6.(1) Where any sum is— (a) chargeable to tax by...Previous MatchNext Match

      6. CommencementPrevious MatchNext Match

        1. 7.This Schedule shall have effect in relation to chargeable periods...Previous MatchNext Match

    13. SCHEDULE 13Previous MatchNext Match

      1. IntroductionPrevious MatchNext Match

        1. 1.Part I of the Capital Allowances Act 1990 (capital allowances...Previous MatchNext Match

      2. Buildings and structures purchased before usePrevious MatchNext Match

        1. 2.After section 10 (purchases of buildings and structures) there shall...Previous MatchNext Match

        2. 3.In section 1 (buildings and structures in enterprise zones) in...Previous MatchNext Match

        3. 4.In section 6 (buildings and structures in enterprise zones) subsection...Previous MatchNext Match

        4. 5.In section 10, at the beginning of subsection (1) there...Previous MatchNext Match

        5. 6.After that subsection there shall be inserted the following subsection—...Previous MatchNext Match

        6. 7.After subsection (3) of that section there shall be inserted...Previous MatchNext Match

      3. Buildings and structures purchased within two years of usePrevious MatchNext Match

        1. 8.After section 10A there shall be inserted the following section—...Previous MatchNext Match

        2. 9.At the beginning of section 10(4) there shall be inserted...Previous MatchNext Match

      4. Exclusion of expenditurePrevious MatchNext Match

        1. 10.After section 17 there shall be inserted the following section—...Previous MatchNext Match

        2. 11.After section 1(10) there shall be inserted the following subsection—...Previous MatchNext Match

        3. 12.After section 6(4) there shall be inserted the following subsection—...Previous MatchNext Match

      5. MiscellaneousPrevious MatchNext Match

        1. 13.In section 4(9) (balancing allowances and charges) in paragraph (a)...Previous MatchNext Match

      6. CommencementPrevious MatchNext Match

        1. 14.Paragraphs 2 to 7 above shall have effect in any...Previous MatchNext Match

        2. 15.Paragraphs 8 and 9 above shall have effect in relation...Previous MatchNext Match

        3. 16.Paragraph 10 above shall apply in relation to contracts whenever...Previous MatchNext Match

        4. 17.Paragraph 13 above shall have effect in accordance with paragraphs...Previous MatchNext Match

    14. SCHEDULE 14Previous MatchNext Match

      Inheritance taxPrevious MatchNext Match

      1. Business propertyPrevious MatchNext Match

        1. 1.In section 104 of the Inheritance Tax Act 1984 (relief...Previous MatchNext Match

        2. 2.(1) Section 105 of that Act (relevant business property) shall...Previous MatchNext Match

        3. 3.In section 113A of that Act (transfers of relevant business...Previous MatchNext Match

      2. Agricultural propertyPrevious MatchNext Match

        1. 4.In section 116 of that Act (relief for agricultural property)...Previous MatchNext Match

      3. Payment by instalmentsPrevious MatchNext Match

        1. 5.In section 227 of that Act (payment by instalments -...Previous MatchNext Match

        2. 6.In section 228 of that Act (shares or securities within...Previous MatchNext Match

      4. Gifts with reservationPrevious MatchNext Match

        1. 7.In Schedule 20 to the Finance Act 1986 (gifts with...Previous MatchNext Match

      5. CommencementPrevious MatchNext Match

        1. 8.Subject to paragraph 9 below, the amendments made by this...Previous MatchNext Match

        2. 9.(1) This paragraph applies where by reason of a death...Previous MatchNext Match

    15. SCHEDULE 15Previous MatchNext Match

      Amendments relating to oil exported directly from off-shore fieldsPrevious MatchNext Match

      1. THE OIL TAXATION ACT 1975Previous MatchNext Match

        1. 1.In section 2 (assessable profits and allowable losses), in subsection...Previous MatchNext Match

        2. 2.(1) In section 3 (allowance of expenditure), in subsection (1),...Previous MatchNext Match

        3. 3.In section 12(1) (definitions),— (a) in the definitions of “initial...Previous MatchNext Match

        4. 4.(1) In Schedule 3, in paragraph 2 (market value of...Previous MatchNext Match

      2. THE FINANCE ACT 1982Previous MatchNext Match

        1. 5.In Schedule 18 (alternative valuation of light gases), in paragraph...Previous MatchNext Match

      3. THE OIL TAXATION ACT 1983Previous MatchNext Match

        1. 6.In Schedule 1 (extension of allowable expenditure for assets generating...Previous MatchNext Match

        2. 7.In Schedule 2 to that Act (supplemental provisions as to...Previous MatchNext Match

        3. 8.In Schedule 4 to that Act (receipts attributable to United...Previous MatchNext Match

      4. THE FINANCE ACT 1986Previous MatchNext Match

        1. 9.In Schedule 21 (alternative valuation of light gases), in paragraph...Previous MatchNext Match

    16. SCHEDULE 16Previous MatchNext Match

      General and Special CommissionersPrevious MatchNext Match

      1. 1.The Taxes Management Act 1970 shall be amended in accordance...Previous MatchNext Match

      2. Remuneration of General Commissioners etc.Previous MatchNext Match

        1. 2.(1) In section 2 (General Commissioners), the following subsection shall...Previous MatchNext Match

      3. JurisdictionPrevious MatchNext Match

        1. 3.The following section shall be inserted after section 46— Regulations...Previous MatchNext Match

      4. Practice and procedurePrevious MatchNext Match

        1. 4.The following sections shall be inserted after section 56A— Regulations...Previous MatchNext Match

        2. 5.Section 57B (which is superseded by the sections inserted by...Previous MatchNext Match

      5. Oil taxation appealsPrevious MatchNext Match

        1. 6.(1) In Schedule 2 to the Oil Taxation Act 1975...Previous MatchNext Match

        2. 7.The Revenue Appeals Order 1987 shall have effect (subject to...Previous MatchNext Match

      6. Inheritance tax appealsPrevious MatchNext Match

        1. 8.The following section shall be inserted in the Inheritance Tax...Previous MatchNext Match

    17. SCHEDULE 17Previous MatchNext Match

      Northern Ireland ElectricityPrevious MatchNext Match

      1. InterpretationPrevious MatchNext Match

        1. 1.(1) In this Schedule— “the final accounting period” means the...Previous MatchNext Match

      2. Transfer to successor companies: generalPrevious MatchNext Match

        1. 2.(1) Subject to sub-paragraph (2) below, the following provisions shall...Previous MatchNext Match

      3. Roll-over reliefPrevious MatchNext Match

        1. 3.Where NIE has before the transfer date disposed of (or...Previous MatchNext Match

      4. Unallowed capital lossesPrevious MatchNext Match

        1. 4.(1) Any unallowed capital losses of NIE shall be apportioned...Previous MatchNext Match

      5. Arrangements in favour of other successor companiesPrevious MatchNext Match

        1. 5.(1) Sub-paragraph (3) below applies to any disposal of an...Previous MatchNext Match

      6. Restriction of losses by reference to capital allowancesPrevious MatchNext Match

        1. 6.(1) Where by virtue of sub-paragraph (4) of paragraph 5...Previous MatchNext Match

      7. Transfers between successor companiesPrevious MatchNext Match

        1. 7.Where any property, rights and liabilities transferred by the Order...Previous MatchNext Match

      8. Apportionments etc.Previous MatchNext Match

        1. 8.(1) This paragraph applies where any apportionment or other matter...Previous MatchNext Match

      9. Securities of successor companiesPrevious MatchNext Match

        1. 9.(1) Any share issued by a successor company in pursuance...Previous MatchNext Match

      10. Stamp duty reserve taxPrevious MatchNext Match

        1. 10.(1) No agreement made for the purposes of or for...Previous MatchNext Match

    18. SCHEDULE 18Previous MatchNext Match

      RepealsPrevious MatchNext Match

      1. Part I Excise duties: generalPrevious MatchNext Match

        1. 1.The repeal of section 100H(1)(f) of the Customs and Excise...Previous MatchNext Match

        2. 2.The repeals in section 117 of the Customs and Excise...Previous MatchNext Match

        3. 3.The repeal of section 41A(7)(d) of the Alcoholic Liquor Duties...Previous MatchNext Match

        4. 4.The repeals of section 52 of the Alcoholic Liquor Duties...Previous MatchNext Match

        5. 5.The repeal in Schedule 8 to the Finance Act 1981...Previous MatchNext Match

        6. 6.The repeals of paragraphs 2 and 6 of Schedule 3...Previous MatchNext Match

      2. Part II Matches and mechanical lightersPrevious MatchNext Match

        1. These repeals have effect as from 1st January 1993.

      3. Part III Vehicles excise duty: goods vehiclesPrevious MatchNext Match

        1. This repeal has effect in accordance with section 11 of...

      4. Part IV Vehicles excise duty: disabled personsPrevious MatchNext Match

        1. These repeals have effect in accordance with section 12 of...

      5. Part V Value added taxPrevious MatchNext Match

        1. (1) Abolition of fiscal frontiersPrevious MatchNext Match

          1. These repeals come into force in accordance with section 14(3)...

        2. (2) Fuel and powerPrevious MatchNext Match

          1. This repeal has effect in accordance with section 17 of...

      6. Part VI Car taxPrevious MatchNext Match

        1. These repeals come into force in accordance with section 18(2)...

      7. Part VII Income tax and corporation taxPrevious MatchNext Match

        1. (1) Married couple’s allowance etc. Previous MatchNext Match

          1. These repeals have effect in accordance with paragraph 10 of...

        2. (2) Charities: powers of inspection Previous MatchNext Match

          1. These repeals have effect in accordance with section 28 of...

        3. (3) Returns of Interest Previous MatchNext Match

          1. This repeal has effect in accordance with section 29 of...

        4. (4) Distributions Previous MatchNext Match

          1. These repeals have effect in accordance with section 32 of...

        5. (5) Deep gain securities Previous MatchNext Match

          1. These repeals have effect in accordance with Schedule 7 to...

        6. (6) Transfers of trade Previous MatchNext Match

          1. This repeal has effect in accordance with section 49 of...

        7. (7) Oil extraction Previous MatchNext Match

          1. This repeal has effect in accordance with section 55(2) of...

        8. (8) Paying and collecting agents etc. Previous MatchNext Match

          1. These repeals have effect in accordance with paragraph 6 of...

        9. (9) Enterprise zones Previous MatchNext Match

          1. These repeals have effect in accordance with paragraph 14 of...

      8. Part VIII Oil taxationPrevious MatchNext Match

        1. These repeals have effect in accordance with sections 55(3) and...

      9. Part IX General and Special CommissionersPrevious MatchNext Match

      10. Part X Northern Ireland ElectricityPrevious MatchNext Match

        1. This repeal has effect in accordance with paragraph 5(9) of...

      11. Part XI Treasury billsPrevious MatchNext Match

        1. This repeal has effect in accordance with section 79 of...

      12. Part XII National loansPrevious MatchNext Match

        1. This repeal has effect in accordance with section 80 of...

Back to top

Options/Help

Print Options

You have chosen to open The Whole Act

The Whole Act you have selected contains over 200 provisions and might take some time to download. You may also experience some issues with your browser, such as an alert box that a script is taking a long time to run.

Would you like to continue?

You have chosen to open The Whole Act as a PDF

The Whole Act you have selected contains over 200 provisions and might take some time to download.

Would you like to continue?

You have chosen to open the Whole Act

The Whole Act you have selected contains over 200 provisions and might take some time to download. You may also experience some issues with your browser, such as an alert box that a script is taking a long time to run.

Would you like to continue?

You have chosen to open Schedules only

The Schedules you have selected contains over 200 provisions and might take some time to download. You may also experience some issues with your browser, such as an alert box that a script is taking a long time to run.

Would you like to continue?

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 enactedversion 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