Finance Act 2012 Explanatory Notes

Summary

1.Section 222 removes the current definition of “incapacitated person” from the Taxes Management Act 1970. This section also removes linked provisions in the Taxes Management Act (and other similar legislation) that confer certain rights and obligations on the person that represents an incapacitated person.  The general legal framework for appointing people to assist those who lack capacity will continue to operate in relation to tax.

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