Glossary
21.The commentary uses a number of abbreviations. They are listed below.
| AUT | authorised unit trust |
| CAA | the Capital Allowances Act 2001 |
| CASC | community amateur sports club |
| CDFI | community development finance institution |
| CITR | community investment tax relief |
| CRCA | the Commissioners for Revenue and Customs Act 2005 |
| CTA 2009 | the Corporation Tax Act 2009 |
| CVS | corporate venturing scheme |
| DTA | double taxation arrangement |
| EEA | European Economic Area |
| ESC | Extra-statutory concession |
| FA 1986 | Finance Act 1986 (and similarly for other Finance Acts) |
| F(No 2)A | Finance (No 2) Act |
| FISMA | the Financial Services and Markets Act 2000 |
| GAAP | generally accepted accounting practice |
| HMRC | Her Majesty’s Revenue and Customs |
| ICTA | the Income and Corporation Taxes Act 1988 |
| IHTA | the Inheritance Tax Act 1984 |
| ITA | the Income Tax Act 2007 |
| ITEPA | the Income Tax (Earnings and Pensions) Act 2003 |
| ITTOIA | the Income Tax (Trading and Other Income) Act 2005 |
| LLP | limited liability partnership |
| MOD | manufactured overseas dividend |
| OEIC | open-ended investment company |
| OTA 1975 | the Oil Taxation Act 1975 |
| PRT | petroleum revenue tax |
| SAYE | Save As You Earn |
| SP | Statement of Practice |
| TCGA | the Taxation of Chargeable Gains Act 1992 |
| TIOPA | the Taxation (International and Other Provisions) Act 2010 |
| TMA | the Taxes Management Act 1970 |
| UK GAAP | UK generally accepted accounting practice |
| UK REIT | Real Estate Investment Trust |
| VAT | value added tax |
