Part 1

Overview

Overview of Income Tax Acts
1
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 and 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
Part 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).
Words in s. 1(1)(a) inserted (17.7.2012) (with effect in accordance with Sch. 1 para. 7 of the amending Act) by Finance Act 2012 (c. 14), Sch. 1 para. 6(2)
Words in s. 1(2)(a) substituted (with effect in accordance with s. 381(1) of the amending Act) by Taxation (International and Other Provisions) Act 2010 (c. 8), s. 381(1), Sch. 8 para. 72 (with Sch. 9 paras. 1-9, 22)