<Legislation xmlns="http://www.legislation.gov.uk/namespaces/legislation" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" DocumentURI="http://www.legislation.gov.uk/ukpga/2001/9/2009-07-21" IdURI="http://www.legislation.gov.uk/id/ukpga/2001/9" NumberOfProvisions="730" RestrictEndDate="2009-10-01" xml:lang="en" xsi:schemaLocation="http://www.legislation.gov.uk/namespaces/legislation http://www.legislation.gov.uk/schema/legislation.xsd" SchemaVersion="1.0" RestrictStartDate="2009-07-21" RestrictExtent="E+W+S+N.I."><ukm:Metadata xmlns:dc="http://purl.org/dc/elements/1.1/" xmlns:dct="http://purl.org/dc/terms/" xmlns:atom="http://www.w3.org/2005/Atom" xmlns:ukm="http://www.legislation.gov.uk/namespaces/metadata">
					<dc:identifier>http://www.legislation.gov.uk/ukpga/2001/9/section/53/2009-07-21</dc:identifier><dc:title>Finance Act 2001</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>2001-05-25</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>2026-05-05</dc:modified><dc:contributor>Expert Participation</dc:contributor><dct:valid>2009-07-21</dct:valid>
					
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					<ukm:PrimaryMetadata><ukm:DocumentClassification><ukm:DocumentCategory Value="primary"/><ukm:DocumentMainType Value="UnitedKingdomPublicGeneralAct"/><ukm:DocumentStatus Value="revised"/></ukm:DocumentClassification><ukm:Year Value="2001"/><ukm:Number Value="9"/><ukm:EnactmentDate Date="2001-05-11"/><ukm:ISBN Value="0105409014"/><ukm:UnappliedEffects><ukm:UnappliedEffect AffectingYear="2007" RequiresApplied="false" AppliedModified="2012-09-24T13:20:48.96+01:00" AffectingEffectsExtent="E+W" AffectedClass="UnitedKingdomPublicGeneralAct" AffectingURI="http://www.legislation.gov.uk/id/ukpga/2007/15" URI="http://www.legislation.gov.uk/id/effect/key-49df0d126a48dc6d404bb22545dff25d" Row="583" AffectingClass="UnitedKingdomPublicGeneralAct" EffectId="key-49df0d126a48dc6d404bb22545dff25d" AffectedExtent="E+W+S+N.I." Type="inserted" Modified="2025-11-07T21:38:07Z" AffectedYear="2001" AffectedNumber="9" AffectingNumber="15" AffectedURI="http://www.legislation.gov.uk/id/ukpga/2001/9" AffectedProvisions="Sch. 5 para. 14A" AffectingProvisions="Sch. 13 para. 140"><ukm:AffectedTitle>Finance Act 2001</ukm:AffectedTitle><ukm:AffectedProvisions><ukm:Section Ref="schedule-5" URI="http://www.legislation.gov.uk/id/ukpga/2001/9/schedule/5">Sch. 5 </ukm:Section><ukm:Section Ref="schedule-5-paragraph-14A" URI="http://www.legislation.gov.uk/id/ukpga/2001/9/schedule/5/paragraph/14A" FoundRef="schedule-5">para. 14A</ukm:Section></ukm:AffectedProvisions><ukm:AffectingTitle>Tribunals, Courts and Enforcement Act 2007</ukm:AffectingTitle><ukm:AffectingProvisions><ukm:Section Ref="schedule-13" URI="http://www.legislation.gov.uk/id/ukpga/2007/15/schedule/13">Sch. 13 </ukm:Section><ukm:Section Ref="schedule-13-paragraph-140" URI="http://www.legislation.gov.uk/id/ukpga/2007/15/schedule/13/paragraph/140">para. 140</ukm:Section></ukm:AffectingProvisions><ukm:Savings><ukm:Section Ref="section-89" URI="http://www.legislation.gov.uk/id/ukpga/2007/15/section/89">s. 89</ukm:Section></ukm:Savings><ukm:CommencementAuthority><ukm:Section Ref="section-148-5" URI="http://www.legislation.gov.uk/id/ukpga/2007/15/section/148/5">s. 148(5)</ukm:Section></ukm:CommencementAuthority><ukm:InForceDates><ukm:InForce Prospective="true" Qualification=""/><ukm:InForce CommencingURI="http://www.legislation.gov.uk/id/uksi/2014/768" CommencingClass="UnitedKingdomStatutoryInstrument" Date="2014-04-06" Qualification="wholly in force" CommencingYear="2014" CommencingNumber="768" Comments="Schedule 13"><ukm:CommencingProvisions><ukm:Section Ref="article-2-1-b" URI="http://www.legislation.gov.uk/id/uksi/2014/768/article/2/1/b">art. 2(1)(b)</ukm:Section></ukm:CommencingProvisions></ukm:InForce></ukm:InForceDates></ukm:UnappliedEffect><ukm:UnappliedEffect AffectedNumber="9" Row="207" AffectingYear="2008" AffectingURI="http://www.legislation.gov.uk/id/ukpga/2008/9" AffectingNumber="9" RequiresApplied="false" AppliedModified="2013-01-07T16:16:50.436Z" AffectedYear="2001" URI="http://www.legislation.gov.uk/id/effect/key-84161f6a7da2d625a1647df02d24ff2a" AffectedURI="http://www.legislation.gov.uk/id/ukpga/2001/9" EffectId="key-84161f6a7da2d625a1647df02d24ff2a" Type="omitted" AffectingClass="UnitedKingdomPublicGeneralAct" AffectedClass="UnitedKingdomPublicGeneralAct" Modified="2023-10-12T16:19:00Z" AffectingProvisions="Sch. 43 para. 8" AffectingEffectsExtent="S+A+M+E+A+S+A+F+F+E+C+T+E+D" AffectedProvisions="Sch. 5 para. 14A" Comments="Sch. 5 para. 14A never in force - Sch. 5 para. 14A never in force" AffectedExtent="E+W+S+N.I."><ukm:AffectedTitle>Finance Act 2001</ukm:AffectedTitle><ukm:AffectedProvisions><ukm:Section Ref="schedule-5" URI="http://www.legislation.gov.uk/id/ukpga/2001/9/schedule/5">Sch. 5 </ukm:Section><ukm:Section Ref="schedule-5-paragraph-14A" URI="http://www.legislation.gov.uk/id/ukpga/2001/9/schedule/5/paragraph/14A" FoundRef="schedule-5">para. 14A</ukm:Section></ukm:AffectedProvisions><ukm:AffectingTitle>Finance Act 2008</ukm:AffectingTitle><ukm:AffectingProvisions><ukm:Section Ref="schedule-43" URI="http://www.legislation.gov.uk/id/ukpga/2008/9/schedule/43">Sch. 43 </ukm:Section><ukm:Section Ref="schedule-43-paragraph-8" URI="http://www.legislation.gov.uk/id/ukpga/2008/9/schedule/43/paragraph/8">para. 8</ukm:Section></ukm:AffectingProvisions><ukm:CommencementAuthority><ukm:Section Ref="section-129-4" URI="http://www.legislation.gov.uk/id/ukpga/2008/9/section/129/4">s. 129(4)</ukm:Section></ukm:CommencementAuthority><ukm:InForceDates><ukm:InForce Prospective="true" Qualification=""/><ukm:InForce CommencingURI="http://www.legislation.gov.uk/id/uksi/2014/906" CommencingClass="UnitedKingdomStatutoryInstrument" Date="2014-04-06" Qualification="wholly in force" CommencingYear="2014" CommencingNumber="906"><ukm:CommencingProvisions><ukm:Section Ref="article-2" URI="http://www.legislation.gov.uk/id/uksi/2014/906/article/2">art. 2</ukm:Section></ukm:CommencingProvisions></ukm:InForce></ukm:InForceDates></ukm:UnappliedEffect><ukm:UnappliedEffect Created="2026-06-01T10:34:54Z" RequiresApplied="true" AffectingEffectsExtent="E+W" AffectedNumber="9" AffectingURI="http://www.legislation.gov.uk/id/asc/2026/7" AffectingNumber="7" AffectingClass="WelshParliamentAct" AffectingTerritorialApplication="W" AffectedURI="http://www.legislation.gov.uk/id/ukpga/2001/9" Row="1210" AffectedClass="UnitedKingdomPublicGeneralAct" Type="inserted" AffectingProvisions="Sch. 2 para. 330(b)" AffectingYear="2026" AffectedYear="2001" URI="http://www.legislation.gov.uk/id/effect/asc-2026-7-7j0muiu6-1210" AffectedProvisions="Sch. 7 para. 14(1)(ga)" EffectId="key-2ee92cab25be347fd94e974ad39d3513"><ukm:AffectedTitle>Finance Act 2001</ukm:AffectedTitle><ukm:AffectedProvisions><ukm:Section Ref="schedule-7" URI="http://www.legislation.gov.uk/id/ukpga/2001/9/schedule/7">Sch. 7 </ukm:Section><ukm:Section Ref="schedule-7-paragraph-14-1-ga" URI="http://www.legislation.gov.uk/id/ukpga/2001/9/schedule/7/paragraph/14/1/ga" FoundRef="schedule-7-paragraph-14">para. 14(1)(ga)</ukm:Section></ukm:AffectedProvisions><ukm:AffectingTitle>Planning (Consequential Provisions) (Wales) Act 2026</ukm:AffectingTitle><ukm:AffectingTitle xml:lang="cy">Deddf Cynllunio (Darpariaethau Canlyniadol) (Cymru) 2026</ukm:AffectingTitle><ukm:AffectingProvisions><ukm:Section Ref="schedule-2" URI="http://www.legislation.gov.uk/id/asc/2026/7/schedule/2">Sch. 2 </ukm:Section><ukm:Section Ref="schedule-2-paragraph-330-b" URI="http://www.legislation.gov.uk/id/asc/2026/7/schedule/2/paragraph/330/b">para. 330(b)</ukm:Section></ukm:AffectingProvisions><ukm:Savings><ukm:Section Ref="schedule-5" URI="http://www.legislation.gov.uk/id/asc/2026/7/schedule/5">Sch. 5 </ukm:Section><ukm:Section Ref="schedule-5-part-1" URI="http://www.legislation.gov.uk/id/asc/2026/7/schedule/5/part/1">Pt. 1</ukm:Section></ukm:Savings><ukm:CommencementAuthority><ukm:Section Ref="section-5-2" URI="http://www.legislation.gov.uk/id/asc/2026/7/section/5/2">s. 5(2)</ukm:Section></ukm:CommencementAuthority><ukm:InForceDates><ukm:InForce Applied="false" Prospective="true" Qualification=""/></ukm:InForceDates></ukm:UnappliedEffect></ukm:UnappliedEffects></ukm:PrimaryMetadata>
					

                    
									 
					<ukm:CorrectionSlips><ukm:CorrectionSlip URI="http://www.legislation.gov.uk/ukpga/2001/9/pdfs/ukpgacs_20010009_en.pdf" Date="2010-10-15" Title="Correction Slip" Size="21725"/></ukm:CorrectionSlips><ukm:Alternatives>
      <ukm:Alternative Date="2008-03-02" URI="http://www.legislation.gov.uk/ukpga/2001/9/pdfs/ukpga_20010009_en.pdf" Title="Print Version"/>
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				</ukm:Metadata><Primary><Body DocumentURI="http://www.legislation.gov.uk/ukpga/2001/9/body/2009-07-21" IdURI="http://www.legislation.gov.uk/id/ukpga/2001/9/body" NumberOfProvisions="157" RestrictEndDate="2025-03-20" RestrictStartDate="2009-07-21" RestrictExtent="E+W+S+N.I."><Part DocumentURI="http://www.legislation.gov.uk/ukpga/2001/9/part/3/2009-07-21" IdURI="http://www.legislation.gov.uk/id/ukpga/2001/9/part/3" NumberOfProvisions="48" RestrictEndDate="2010-04-01" id="part-3" RestrictStartDate="2009-07-21"><Number>
          <Strong>Part 3</Strong>
        </Number><Title> INCOME TAX, CORPORATION TAX AND CAPITAL GAINS TAX</Title><Chapter DocumentURI="http://www.legislation.gov.uk/ukpga/2001/9/part/3/chapter/1/2009-07-21" IdURI="http://www.legislation.gov.uk/id/ukpga/2001/9/part/3/chapter/1" NumberOfProvisions="7" RestrictEndDate="2010-04-01" RestrictStartDate="2007-04-06" id="part-3-chapter-1"><Number>
            <Strong>Chapter 1</Strong>
          </Number><Title> CHARGE AND RATES</Title><Pblock DocumentURI="http://www.legislation.gov.uk/ukpga/2001/9/part/3/chapter/1/crossheading/income-tax/2009-07-21" IdURI="http://www.legislation.gov.uk/id/ukpga/2001/9/part/3/chapter/1/crossheading/income-tax" NumberOfProvisions="4" RestrictStartDate="2007-04-06" id="part-3-chapter-1-crossheading-income-tax"><Title> Income tax</Title><P1group RestrictExtent="E+W+S+N.I." RestrictStartDate="2003-04-06"><Title> Children’s tax credit: baby rate</Title><P1 DocumentURI="http://www.legislation.gov.uk/ukpga/2001/9/section/53/2009-07-21" IdURI="http://www.legislation.gov.uk/id/ukpga/2001/9/section/53" id="section-53"><Pnumber PuncAfter=""><CommentaryRef Ref="key-07be7561dafefc678cf5a8fcf6a9e6dd"/>53</Pnumber><P1para><Text>. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .</Text></P1para></P1></P1group></Pblock></Chapter></Part></Body></Primary><Commentaries><Commentary id="key-07be7561dafefc678cf5a8fcf6a9e6dd" Type="F"><Para><Text>S. 53 repealed (6.4.2003) by <Citation URI="http://www.legislation.gov.uk/id/ukpga/2002/21" id="cxxiw7qc2-00005" Class="UnitedKingdomPublicGeneralAct" Year="2002" Number="21" Title="Tax Credits Act 2002">Tax Credits Act 2002 (c. 21)</Citation>, <CitationSubRef id="cxxiw7qc2-00006" CitationRef="cxxiw7qc2-00005" URI="http://www.legislation.gov.uk/id/ukpga/2002/21/section/61" SectionRef="section-61">s. 61</CitationSubRef>, <CitationSubRef id="cxxiw7qc2-00007" CitationRef="cxxiw7qc2-00005" URI="http://www.legislation.gov.uk/id/ukpga/2002/21/schedule/6" SectionRef="schedule-6" Operative="true">Sch. 6</CitationSubRef>; <Citation URI="http://www.legislation.gov.uk/id/uksi/2003/962" id="cxxiw7qc2-00008" Class="UnitedKingdomStatutoryInstrument" Year="2003" Number="962" Title="The Tax Credits Act 2002 (Commencement No. 4, Transitional Provisions and Savings) Order 2003">S.I. 2003/962</Citation>, <CitationSubRef id="cxxiw7qc2-00009" CitationRef="cxxiw7qc2-00008" URI="http://www.legislation.gov.uk/id/uksi/2003/962/article/2/3/e" SectionRef="article-2-3-e">art. 2(3)(e)</CitationSubRef>, <CitationSubRef id="cxxiw7qc2-00010" CitationRef="cxxiw7qc2-00008" URI="http://www.legislation.gov.uk/id/uksi/2003/962/schedule/1" SectionRef="schedule-1">Sch. 1</CitationSubRef></Text></Para></Commentary></Commentaries></Legislation>