Part 1Overview

1Overview of Income Tax Acts

(1)

The following Acts make provision about income tax—

(a)

ITEPA 2003 (which is about charges to tax on employment income, pension income and social security income F1and makes provision for the high income child benefit charge),

(b)

ITTOIA 2005 (which is about charges to tax on trading income, property income, savings and investment income and some other miscellaneous income), and

(c)

this Act (which contains the other main provisions about income tax).

(2)

There are also provisions about income tax elsewhere: see in particular—

(a)

F2Part 2 of TIOPA 2010 (double taxation relief),

(b)

CAA 2001 (allowances for capital expenditure), and

(c)

Part 4 of FA 2004 (pension schemes etc).

(3)

Schedule 1 to the Interpretation Act 1978 (c. 30) defines “the Income Tax Acts” (as all enactments relating to income tax).