Search Legislation

Finance Act 2014

Status:

This is the original version (as it was originally enacted).

This section has no associated Explanatory Notes

16(1)The Scotland Act 1998 is amended as follows.

(2)In section 80C (power to set Scottish rate for Scottish taxpayers), for subsection (2) substitute—

(2)See section 6A of the Income Tax Act 2007 for provision about the calculation of those rates and section 11A of that Act for provision about the income charged at those rates.

(3)Section 80G (supplemental powers to modify enactments) is amended in accordance with sub-paragraphs (4) to (8).

(4)For subsection (1) substitute—

(1)The Treasury may by order modify section 11A of the Income Tax Act 2007 (income charged at the Scottish basic, higher and additional rates) for the purpose of altering—

(a)the definition of the income which is charged to income tax at the rates provided for under the section, or

(b)the application of the section in relation to a particular class of income which is so charged.

(1A)The Treasury may by order modify any enactment not contained in Chapter 2 of Part 2 of the Income Tax Act 2007 (rates at which income tax is charged) so that it makes provision, in relation to a Scottish taxpayer, by reference to the Scottish basic rate, the Scottish higher rate or the Scottish additional rate, instead of the basic rate, the higher rate or the additional rate.

(1B)If the Treasury consider it necessary or expedient to do so, they may by order provide that—

(a)the Scottish rate set by the Parliament for a tax year, or

(b)the fact that the Scottish rate has not been so set for a tax year,

does not require any change in the amounts repayable or deductible under PAYE regulations between the beginning of that year and such later date as may be specified in the order.

(5)In subsection (2), for the words from “with—” to the end substitute “with an order under subsection (1), (1A) or (1B)”.

(6)Omit subsection (3).

(7)After subsection (4) insert—

(5)The power under subsection (1) does not include power to provide that any income which is—

(a)savings income, or

(b)dividend income which would otherwise be charged to income tax at a rate provided for under section 13 of the Income Tax Act 2007,

is income which is charged to income tax at a rate provided for under section 11A of that Act.

(8)In section 110 (Scottish taxpayers for social security purposes), in subsection (2)—

(a)for “basic rate” substitute “Scottish basic rate, Scottish higher rate or Scottish additional rate (within the meaning of the Income Tax Acts)”, and

(b)omit the words from “(instead of” to the end.

(9)Schedule 7 (procedure for subordinate legislation) is amended in accordance with sub-paragraphs (10) and (11).

(10)In paragraph 1(2)—

(a)omit the entry for section 79, and

(b)at the appropriate place insert—

Section 80G(1), (1A) or (2)Type E
Section 80G(1B)Type K.

(11)At the end of paragraph 1, omit the Note relating to the entry for section 79.

(12)Sub-paragraph (8) comes into force on such day as the Secretary of State may by order made by statutory instrument appoint.

(13)Sub-paragraphs (10)(a) and (11) come into force on such day as the Treasury may by order appoint.

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 the Whole Act without Schedules

The Whole Act without 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?

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

See additional information alongside the content

Show Explanatory Notes for Sections: Displays relevant parts of the explanatory notes interweaved within the legislation content.

Close

Opening Options

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

Close

Explanatory Notes

Text created by the government department responsible for the subject matter of the Act to explain what the Act sets out to achieve and to make the Act accessible to readers who are not legally qualified. Explanatory Notes were introduced in 1999 and accompany all Public Acts except Appropriation, Consolidated Fund, Finance and Consolidation Acts.

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