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					<dc:identifier>http://www.legislation.gov.uk/ukpga/2007/3/section/809FZK</dc:identifier><dc:title>Income Tax Act 2007</dc:title><dc:description>An Act to restate, with minor changes, certain enactments relating to income tax; and for connected purposes.</dc:description><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>2026-04-23</dc:modified><dc:contributor>Expert Participation</dc:contributor><dct:valid>2026-04-06</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="2007"/><ukm:Number Value="3"/><ukm:EnactmentDate Date="2007-03-20"/><ukm:ISBN Value="9780105403074"/><ukm:UnappliedEffects><ukm:UnappliedEffect AffectedClass="UnitedKingdomPublicGeneralAct" AffectingProvisions="Sch. 2 para. 2" EffectId="key-a7a195917bffa21df250c9e77e0782d4" AffectedYear="2007" AffectingEffectsExtent="E+W+S+N.I." AffectingYear="2026" AffectedURI="http://www.legislation.gov.uk/id/ukpga/2007/3" AffectedNumber="3" AffectedProvisions="s. 6B(1A)" URI="http://www.legislation.gov.uk/id/effect/key-a7a195917bffa21df250c9e77e0782d4" AffectingClass="UnitedKingdomPublicGeneralAct" AffectingNumber="11" Row="19" Modified="2026-04-17T13:59:22Z" Type="words substituted" RequiresApplied="true" AffectingURI="http://www.legislation.gov.uk/id/ukpga/2026/11"><ukm:AffectedTitle>Income Tax Act 2007</ukm:AffectedTitle><ukm:AffectedProvisions><ukm:Section Ref="section-6B-1A" URI="http://www.legislation.gov.uk/id/ukpga/2007/3/section/6B/1A" FoundRef="section-6B">s. 6B(1A)</ukm:Section></ukm:AffectedProvisions><ukm:AffectingTitle>Finance Act 2026</ukm:AffectingTitle><ukm:AffectingProvisions><ukm:Section Ref="schedule-2" URI="http://www.legislation.gov.uk/id/ukpga/2026/11/schedule/2">Sch. 2 </ukm:Section><ukm:Section Ref="schedule-2-paragraph-2" URI="http://www.legislation.gov.uk/id/ukpga/2026/11/schedule/2/paragraph/2">para. 2</ukm:Section></ukm:AffectingProvisions><ukm:CommencementAuthority><ukm:SectionRange Start="section-8-2" URI="http://www.legislation.gov.uk/id/ukpga/2026/11/section/8/2" End="section-8-4" UpTo="http://www.legislation.gov.uk/id/ukpga/2026/11/section/8/4"><ukm:Section Ref="section-8-2" URI="http://www.legislation.gov.uk/id/ukpga/2026/11/section/8/2">s. 8(2)</ukm:Section>-<ukm:Section Ref="section-8-4" URI="http://www.legislation.gov.uk/id/ukpga/2026/11/section/8/4">(4)</ukm:Section></ukm:SectionRange></ukm:CommencementAuthority><ukm:InForceDates><ukm:InForce Applied="false" Prospective="true" Qualification=""/></ukm:InForceDates></ukm:UnappliedEffect><ukm:UnappliedEffect Notes="The amending provision was repealed before coming into force." Type="inserted" AffectedExtent="E+W+S+N.I." AppliedModified="2012-09-15T23:53:08.109+01:00" AffectingClass="UnitedKingdomPublicGeneralAct" AffectedProvisions="s. 788(7)" RequiresApplied="false" AffectingEffectsExtent="S+A+M+E+A+S+A+F+F+E+C+T+E+D" AffectingNumber="29" Row="2122" AffectingURI="http://www.legislation.gov.uk/id/ukpga/2007/29" URI="http://www.legislation.gov.uk/id/effect/key-c9c21a142c51f863f8fe2c16492cd617" Modified="2025-05-06T10:19:31Z" AffectedEffectsExtent="S+A+M+E+A+S+A+F+F+E+C+T+E+D" AffectedClass="UnitedKingdomPublicGeneralAct" EffectId="key-c9c21a142c51f863f8fe2c16492cd617" AffectedURI="http://www.legislation.gov.uk/id/ukpga/2007/3" AffectedYear="2007" Comments="Already repealed 13.5.2009 by SI 2009/2035 - Already repealed 13.5.2009 by SI 2009/2035 - Already repealed 13.5.2009 by SI 2009/2035 - Already repealed 13.5.2009 by SI 2009/2035 - Already repealed 13.5.2009 by SI 2009/2035 - Already repealed 13.5.2009 by SI 2009/2035 - Already repealed 13.5.2009 by SI 2009/2035 - Already repealed 13.5.2009 by SI 2009/2035 - Already repealed 13.5.2009 by SI 2009/2035" AffectingYear="2007" AffectedNumber="3" AffectingProvisions="Sch. 21 para. 161(b)"><ukm:AffectedTitle>Income Tax Act 2007</ukm:AffectedTitle><ukm:AffectedProvisions><ukm:Section Ref="section-788-7" URI="http://www.legislation.gov.uk/id/ukpga/2007/3/section/788/7" FoundRef="section-788">s. 788(7)</ukm:Section></ukm:AffectedProvisions><ukm:AffectingTitle>Legal Services Act 2007</ukm:AffectingTitle><ukm:AffectingProvisions><ukm:Section Ref="schedule-21" URI="http://www.legislation.gov.uk/id/ukpga/2007/29/schedule/21">Sch. 21 </ukm:Section><ukm:Section Ref="schedule-21-paragraph-161-b" URI="http://www.legislation.gov.uk/id/ukpga/2007/29/schedule/21/paragraph/161/b">para. 161(b)</ukm:Section></ukm:AffectingProvisions><ukm:Savings><ukm:Section Ref="section-29" URI="http://www.legislation.gov.uk/id/ukpga/2007/29/section/29">s. 29</ukm:Section> <ukm:Section Ref="section-192" URI="http://www.legislation.gov.uk/id/ukpga/2007/29/section/192">192</ukm:Section> <ukm:Section Ref="section-193" URI="http://www.legislation.gov.uk/id/ukpga/2007/29/section/193">193</ukm:Section></ukm:Savings><ukm:CommencementAuthority><ukm:Section Ref="section-211-2" URI="http://www.legislation.gov.uk/id/ukpga/2007/29/section/211/2">s. 211(2)</ukm:Section></ukm:CommencementAuthority><ukm:InForceDates><ukm:InForce Prospective="true" Qualification=""/><ukm:InForce CommencingURI="http://www.legislation.gov.uk/id/uksi/2009/3250" CommencingClass="UnitedKingdomStatutoryInstrument" Date="2010-01-01" Qualification="wholly in force" CommencingYear="2009" CommencingNumber="3250" Applied="false"><ukm:CommencingProvisions><ukm:Section Ref="article-2-h" URI="http://www.legislation.gov.uk/id/uksi/2009/3250/article/2/h">art. 2(h)</ukm:Section></ukm:CommencingProvisions></ukm:InForce></ukm:InForceDates></ukm:UnappliedEffect></ukm:UnappliedEffects></ukm:PrimaryMetadata>
					

                    
									<ukm:Notes><ukm:Note IdURI="http://www.legislation.gov.uk/id/ukpga/2007/3/notes"/><ukm:Alternatives><ukm:Alternative Date="2008-01-31" URI="http://www.legislation.gov.uk/ukpga/2007/3/pdfs/ukpgaen_20070003_en_003.pdf" Title="Explanatory Note, Volume 3"/><ukm:Alternative Date="2008-01-31" URI="http://www.legislation.gov.uk/ukpga/2007/3/pdfs/ukpgaen_20070003_en_002.pdf" Title="Explanatory Note, Volume 2"/><ukm:Alternative Date="2008-01-31" URI="http://www.legislation.gov.uk/ukpga/2007/3/pdfs/ukpgaen_20070003_en_001.pdf" Title="Explanatory Note, Volume 1"/><ukm:Alternative Date="2008-01-31" URI="http://www.legislation.gov.uk/ukpga/2007/3/pdfs/ukpgaen_20070003_en.pdf" Title="Explanatory Note"/></ukm:Alternatives>       
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				</ukm:Metadata><Primary><Body DocumentURI="http://www.legislation.gov.uk/ukpga/2007/3/body" IdURI="http://www.legislation.gov.uk/id/ukpga/2007/3/body" NumberOfProvisions="1751" RestrictExtent="E+W+S+N.I." RestrictStartDate="2026-04-06"><Part DocumentURI="http://www.legislation.gov.uk/ukpga/2007/3/part/13" IdURI="http://www.legislation.gov.uk/id/ukpga/2007/3/part/13" NumberOfProvisions="248" id="part-13" RestrictExtent="E+W+S+N.I." RestrictStartDate="2026-03-18"><Number><Strong>Part 13</Strong></Number><Title>Tax avoidance</Title><Chapter DocumentURI="http://www.legislation.gov.uk/ukpga/2007/3/part/13/chapter/5F" IdURI="http://www.legislation.gov.uk/id/ukpga/2007/3/part/13/chapter/5F" NumberOfProvisions="26" id="part-13-chapter-5F" RestrictStartDate="2026-03-18" Match="true" Status="Repealed"><Number><CommentaryRef Ref="key-1e6b7e8cdae7990c9b3f9b0fd57bb3a1"/>CHAPTER 5F</Number><Title>Income-based carried interest</Title><Pblock DocumentURI="http://www.legislation.gov.uk/ukpga/2007/3/part/13/chapter/5F/crossheading/average-holding-period-aggregation-of-acquisitions-and-disposals" IdURI="http://www.legislation.gov.uk/id/ukpga/2007/3/part/13/chapter/5F/crossheading/average-holding-period-aggregation-of-acquisitions-and-disposals" NumberOfProvisions="7" id="part-13-chapter-5F-crossheading-average-holding-period-aggregation-of-acquisitions-and-disposals" Status="Repealed" Match="false" RestrictStartDate="2026-03-18"><Title><Emphasis>Average holding period: aggregation of acquisitions and disposals</Emphasis></Title><P1group RestrictStartDate="2026-03-18" Status="Repealed" Match="false"><Title>Venture capital funds</Title><P1 DocumentURI="http://www.legislation.gov.uk/ukpga/2007/3/section/809FZK" IdURI="http://www.legislation.gov.uk/id/ukpga/2007/3/section/809FZK" id="section-809FZK"><Pnumber PuncAfter=""><CommentaryRef Ref="key-1e6b7e8cdae7990c9b3f9b0fd57bb3a1"/>809FZK</Pnumber><P1para><Text>. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .</Text></P1para></P1></P1group></Pblock></Chapter></Part></Body></Primary><Commentaries><Commentary id="key-1e6b7e8cdae7990c9b3f9b0fd57bb3a1" Type="F"><Para><Text>Pt. 13 Ch. 5F omitted (for the tax year 2026-27 and subsequent tax years (but in relation to investment management services whenever performed)) by virtue of <Citation URI="http://www.legislation.gov.uk/id/ukpga/2026/11" id="c5tm4xxs6-00184" Class="UnitedKingdomPublicGeneralAct" Year="2026" Number="11" Title="Finance Act 2026">Finance Act 2026 (c. 11)</Citation>, <CitationSubRef CitationRef="c5tm4xxs6-00184" id="c5tm4xxs6-00185" SectionRef="section-58-6" URI="http://www.legislation.gov.uk/id/ukpga/2026/11/section/58/6">s. 58(6)</CitationSubRef>, <CitationSubRef CitationRef="c5tm4xxs6-00184" id="c5tm4xxs6-00186" SectionRef="schedule-11-paragraph-3-9" URI="http://www.legislation.gov.uk/id/ukpga/2026/11/schedule/11/paragraph/3/9" Operative="true">Sch. 11 para. 3(9)</CitationSubRef></Text></Para></Commentary></Commentaries></Legislation>