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 F2and 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

F1Part 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).