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					<dc:identifier>http://www.legislation.gov.uk/ukpga/1986/41/section/34</dc:identifier><dc:title>Finance Act 1986</dc:title><dc:description>An Act to grant certain duties, to alter other duties, and to amend the law relating to the National Debt and the Public Revenue, and to make further provision in connection with Finance.</dc:description><dc:date>1986-07-25</dc:date><dc:type>text</dc:type><dc:format>text/xml</dc:format><dc:language>en</dc:language><dc:publisher>Statute Law Database</dc:publisher><dc:modified>2026-04-29</dc:modified><dc:contributor>Expert Participation</dc:contributor><dct:valid>2026-04-01</dct:valid>
					
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				</ukm:Metadata><Primary><Body DocumentURI="http://www.legislation.gov.uk/ukpga/1986/41/body" IdURI="http://www.legislation.gov.uk/id/ukpga/1986/41/body" NumberOfProvisions="109" RestrictStartDate="2026-04-01"><Part DocumentURI="http://www.legislation.gov.uk/ukpga/1986/41/part/II" IdURI="http://www.legislation.gov.uk/id/ukpga/1986/41/part/II" NumberOfProvisions="11" id="part-II" RestrictStartDate="2014-08-01"><Number>Part II</Number><Title> Income Tax, Corporation Tax and Capital Gains Tax</Title><Chapter DocumentURI="http://www.legislation.gov.uk/ukpga/1986/41/part/II/chapter/I" IdURI="http://www.legislation.gov.uk/id/ukpga/1986/41/part/II/chapter/I" NumberOfProvisions="6" id="part-II-chapter-I" RestrictStartDate="2014-08-01"><Number>Chapter I</Number><Title> General</Title><Pblock DocumentURI="http://www.legislation.gov.uk/ukpga/1986/41/part/II/chapter/I/crossheading/foreign-element-expenses" IdURI="http://www.legislation.gov.uk/id/ukpga/1986/41/part/II/chapter/I/crossheading/foreign-element-expenses" NumberOfProvisions="1" id="part-II-chapter-I-crossheading-foreign-element-expenses"><Title> Foreign element: expenses</Title><P1group><Title>. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . <CommentaryRef Ref="c13532561"/></Title><P1 DocumentURI="http://www.legislation.gov.uk/ukpga/1986/41/section/34" IdURI="http://www.legislation.gov.uk/id/ukpga/1986/41/section/34" id="section-34"><Pnumber PuncAfter="—54.">34</Pnumber><P1para><Text/></P1para></P1></P1group></Pblock></Chapter></Part></Body></Primary><Commentaries><Commentary id="c13532561" Type="F"><Para><Text><CitationSubRef id="c00157" URI="http://www.legislation.gov.uk/id/ukpga/1986/41/section/34" UpTo="http://www.legislation.gov.uk/id/ukpga/1986/41/section/54" Type="group" StartSectionRef="section-34" EndSectionRef="section-54">Ss. 34–54</CitationSubRef> repealed with savings by <Citation URI="http://www.legislation.gov.uk/id/ukpga/1988/1" id="c00158" Year="1988" Class="UnitedKingdomPublicGeneralAct" Number="1" Title="Income and Corporation Taxes Act 1988">Income and Corporation Taxes Act 1988 (c. 1, SIF 63:1)</Citation>, <CitationSubRef id="c00159" URI="http://www.legislation.gov.uk/id/ukpga/1988/1/section/844" CitationRef="c00158" SectionRef="section-844">s. 844</CitationSubRef>, <CitationSubRef id="c00160" URI="http://www.legislation.gov.uk/id/ukpga/1988/1/schedule/31" Operative="true" CitationRef="c00158" SectionRef="schedule-31">Sch. 31</CitationSubRef></Text></Para></Commentary></Commentaries></Legislation>