http://www.legislation.gov.uk/ukpga/2007/3/section/614BQIncome Tax Act 2007An Act to restate, with minor changes, certain enactments relating to income tax; and for connected purposes.texttext/xmlenStatute Law Database2026-04-15Expert Participation2026-01-20
Income Tax Act 2007s. 6(3)(zd)Finance Act 2026Sch. 1 para. 2(b)s. 6(8)Income Tax Act 2007s. 6B(1A)Finance Act 2026Sch. 1 para. 3(a)s. 6(8)Income Tax Act 2007s. 6B(1A)Finance Act 2026Sch. 2 para. 2s. 8(2)-(4)Income Tax Act 2007s. 6DFinance Act 2026s. 6(2)(8)Income Tax Act 2007s. 9(1A)(1B)Finance Act 2026Sch. 1 para. 4(a)s. 6(8)Income Tax Act 2007s. 11CAFinance Act 2026s. 6(3)(8)Income Tax Act 2007s. 11CB 11CCFinance Act 2026Sch. 1 para. 10s. 6(8)Income Tax Act 2007s. 11DAFinance Act 2026Sch. 1 para. 12s. 6(8)Income Tax Act 2007s. 16AFinance Act 2026s. 6(4)(8)Income Tax Act 2007s. 17AFinance Act 2026s. 6(5)(8)Income Tax Act 2007s. 25(3A)Finance Act 2026s. 6(6)(8)Income Tax Act 2007s. 175(1B)(1C)Finance Act 2026s. 14(5)(b)s. 14(8)Income Tax Act 2007s. 186(A1)(A2)Finance Act 2026s. 14(6)(a)s. 14(8)Income Tax Act 2007s. 256BFinance Act 2026s. 14(7)s. 14(8)Income Tax Act 2007s. 293(5B)(5C)Finance Act 2026s. 15(6)(b)s. 15(9)Income Tax Act 2007s. 297(A1)(A2)Finance Act 2026s. 15(7)(a)s. 15(9)Income Tax Act 2007s. 331CFinance Act 2026s. 15(8)s. 15(9)Income Tax Act 2007s. 479(2A)(2B)Finance Act 2026Sch. 1 para. 24s. 6(8)Income Tax Act 2007s. 481(3A)(3B)Finance Act 2026Sch. 1 para. 25s. 6(8)Income Tax Act 2007s. 523AFinance Act 2026s. 54(3)(10)Income Tax Act 2007s. 558(1)Finance Act 2026s. 55(3)(11)Income Tax Act 2007s. 558(2)Finance Act 2026s. 55(2)(11)Income Tax Act 2007s. 558(2)Finance Act 2026s. 55(4)(a)(11)Income Tax Act 2007s. 558(2)Finance Act 2026s. 55(4)(b)(11)Income Tax Act 2007s. 558(3)(4)Finance Act 2026s. 55(5)(11)Income Tax Act 2007s. 809EZB(1)(d)Finance Act 2026Sch. 11 para. 3(3)(e)s. 58(6)Income Tax Act 2007s. 809EZB(5)Finance Act 2026Sch. 11 para. 3(3)(g)s. 58(6)Income Tax Act 2007s. 809ZJ(1)(a)Finance Act 2026Sch. 9 para. 4(2)(a)s. 56(8)Income Tax Act 2007s. 809ZJ(1)(b) and wordFinance Act 2026Sch. 9 para. 4(2)(b)s. 56(8)Income Tax Act 2007s. 809ZL(2A)Finance Act 2026Sch. 9 para. 6(5)s. 56(8)Income Tax Act 2007s. 809ZMA 809ZMBFinance Act 2026Sch. 9 para. 8s. 56(9)(10)s. 56(8)Income Tax Act 2007s. 809ZN(1)(aa)Finance Act 2026Sch. 9 para. 9(2)(b)s. 56(8)Income Tax Act 2007s. 809ZN(2A)Finance Act 2026Sch. 9 para. 9(3)s. 56(8)Income Tax Act 2007s. 809ZO(1)(aa)Finance Act 2026Sch. 9 para. 10(2)(b)s. 56(8)Income Tax Act 2007s. 809ZO(2A)Finance Act 2026Sch. 9 para. 10(3)s. 56(8)Income Tax Act 2007s. 812A(4A)-(4C)Finance Act 2026Sch. 3 para. 22(2)Sch. 3 para. 23(1)Income Tax Act 2007s. 812A(4D)Finance Act 2026Sch. 3 para. 22(3)Sch. 3 para. 23(2)Income Tax Act 2007s. 827(2)-(5)Finance Act 2026Sch. 7 para. 24(1)(b)Sch. 7 para. 30Income Tax Act 2007s. 788(7)Legal Services Act 2007Sch. 21 para. 161(b)s. 29 192 193s. 211(2)art. 2(h)
Part 11A<Addition ChangeId="key-21d4fc6dfab2687d39f12012ac5e5615-1511338376032" CommentaryRef="key-21d4fc6dfab2687d39f12012ac5e5615">Leasing arrangements: finance leases and loans</Addition>Chapter 2<Addition ChangeId="key-d1635e3a520cf621571820b51ab4f216-1511339117475" CommentaryRef="key-d1635e3a520cf621571820b51ab4f216">Finance leases with return in capital form</Addition><Emphasis><Addition ChangeId="key-d1635e3a520cf621571820b51ab4f216-1511339117475" CommentaryRef="key-d1635e3a520cf621571820b51ab4f216">Effect of disposals</Addition></Emphasis><Addition ChangeId="key-d1635e3a520cf621571820b51ab4f216-1511339117475" CommentaryRef="key-d1635e3a520cf621571820b51ab4f216">Assignments on which neither a gain nor a loss accrues</Addition>614BQ1This section applies if—athe current lessor (“L”) assigns the lessor's interest under the lease, andbthe assignment is a disposal on which, as a result of any of the no gain/no loss provisions, neither a gain nor a loss accrues.2This Part has effect as if—aa period of account of L (“L's period”) ended with the assignment, andba period of account of the assignee (“A's period”) began with the assignment.3Any cumulative accountancy rental excess for L's period becomes the cumulative accountancy rental excess for A's period.4Any cumulative normal rental excess for L's period becomes the cumulative normal rental excess for A's period.5If the assignee is a company subject to the charge to corporation tax on income, so far as this section relates to the assignee, it applies for the purposes of Part 21 of CTA 2010 as it would otherwise apply for the purposes of this Part.6In this section “the no gain/no loss provisions” has the same meaning as in TCGA 1992 (see section 288(3A) of that Act).Pt. 11A inserted (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. 3 para. 2 (with Sch. 9 paras. 1-9, 22)Pt. 11A Ch. 2 inserted (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. 3 para. 3 (with Sch. 9 paras. 1-9, 22)