http://www.legislation.gov.uk/ukpga/2010/8/section/172Taxation (International and Other Provisions) Act 2010An Act to restate, with minor changes, certain enactments relating to tax; to make provision for purposes connected with the restatement of enactments by other tax law rewrite Acts; and for connected purposes.texttext/xmlenStatute Law Database2026-05-05Expert Participation2026-03-18 Part 4CHAPTER 31721In this Chapter—a“small enterprise” means a small enterprise as defined in the Annex, andb“medium-sized enterprise” means an enterprise which—ifalls within the category of micro, small and medium-sized enterprises as defined in the Annex, andiiis not a small enterprise as defined in the Annex.2For the purposes of subsection (1), the Annex has effect with the modifications set out in subsections (4) to (7).3In this section “the Annex” means the Annex to Commission Recommendation 2003/361/EC of 6 May 2003 (concerning the definition of micro, small and medium-sized businesses).4Where any enterprise is in liquidation or administration, the rights of the liquidator or administrator (in that capacity) are to be left out of account when applying Article 3(3)(b) of the Annex in determining for the purposes of this Part whether—athat enterprise, orbany other enterprise (including that of the liquidator or administrator),is a small or medium-sized enterprise.5Article 3 of the Annex has effect with the omission of paragraph 5 (declaration in good faith where control cannot be determined etc).6The first sentence of Article 4(1) of the Annex has effect as if the data to apply to—athe headcount of staff, andbthe financial amounts,were the data relating to the chargeable period referred to in section 166(1) (instead of the period described in that sentence) and calculated on an annual basis.7Article 4 of the Annex has effect with the omission of the following provisions—athe second sentence of paragraph 1 (data to be taken into account from date of closure of accounts),bparagraph 2 (no change of status unless ceilings exceeded for two consecutive periods), andcparagraph 3 (genuine estimate in case of newly established enterprise).Pt. 4 Chs. 1 and 3-6 applied (1.4.2022 in relation to accounting periods beginning on or after that date) by Finance Act 2022 (c. 3), s. 51(1), Sch. 9 paras. 3, 4Pt. 4 excluded (1.10.2011) by Postal Services Act 2011 (c. 5), s. 93(2)(3), Sch. 2 para. 6(2); S.I. 2011/2329, art. 3Pt. 4 excluded by 2010 c. 4, s. 938N (as inserted (19.7.2011) by Finance Act 2011 (c. 11), Sch. 5 para. 2)Pt. 4 excluded (1.4.2012) by Budget Responsibility and National Audit Act 2011 (c. 4), s. 29, Sch. 4 para. 3(2); S.I. 2011/2576, art. 5Pt. 4 excluded (with effect in accordance with s. 148 of the amending Act) by Finance Act 2012 (c. 14), s. 129(11) (with s. 147, Sch. 17)