Finance Act 2026
<part xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:default="http://www.w3.org/1999/xhtml" eId="part-1"><num>Part 1</num><heading>Income tax, capital gains tax and corporate taxes</heading><hcontainer name="crossheading" ukl:Name="Pblock" eId="part-1-crossheading-income-tax-charge-rates-and-allowances"><heading>Income tax charge, rates and allowances</heading><section eId="section-1"><num>1</num><heading>Income tax charge for tax year 2026-27</heading><content><p>Income tax is charged for the tax year 2026-27.</p></content></section><section eId="section-2"><num>2</num><heading>Main rates of income tax for tax year 2026-27</heading><intro><p>For the tax year 2026-27 the main rates of income tax are as follows—</p></intro><level class="para1" eId="section-2-a"><num>(a)</num><content><p>the basic rate is 20%,</p></content></level><level class="para1" eId="section-2-b"><num>(b)</num><content><p>the higher rate is 40%, and</p></content></level><level class="para1" eId="section-2-c"><num>(c)</num><content><p>the additional rate is 45%.</p></content></level></section><section eId="section-3"><num>3</num><heading>Default and savings rates of income tax for tax year 2026-27</heading><subsection eId="section-3-1"><num>(1)</num><intro><p>For the tax year 2026-27 the default rates of income tax are as follows—</p></intro><level class="para1" eId="section-3-1-a"><num>(a)</num><content><p>the default basic rate is 20%,</p></content></level><level class="para1" eId="section-3-1-b"><num>(b)</num><content><p>the default higher rate is 40%, and</p></content></level><level class="para1" eId="section-3-1-c"><num>(c)</num><content><p>the default additional rate is 45%.</p></content></level></subsection><subsection eId="section-3-2"><num>(2)</num><intro><p>For the tax year 2026-27 the savings rates of income tax are as follows—</p></intro><level class="para1" eId="section-3-2-a"><num>(a)</num><content><p>the savings basic rate is 20%,</p></content></level><level class="para1" eId="section-3-2-b"><num>(b)</num><content><p>the savings higher rate is 40%, and</p></content></level><level class="para1" eId="section-3-2-c"><num>(c)</num><content><p>the savings additional rate is 45%.</p></content></level></subsection></section><section eId="section-4"><num>4</num><heading>Increase in dividend ordinary and upper rates</heading><subsection eId="section-4-1"><num>(1)</num><intro><p>In section 8 of ITA 2007 (which provides, among other things, for the dividend ordinary rate and dividend upper rate)—</p></intro><level class="para1" eId="section-4-1-a"><num>(a)</num><content><p><mod>in subsection (1) (the dividend ordinary rate), for “8.75%” substitute <quotedText>“10.75%”</quotedText>, and</mod></p></content></level><level class="para1" eId="section-4-1-b"><num>(b)</num><content><p><mod>in subsection (2) (the dividend upper rate), for “33.75%” substitute <quotedText>“35.75%”</quotedText>.</mod></p></content></level></subsection><subsection eId="section-4-2"><num>(2)</num><content><p>The amendments made by this section have effect for the tax year 2026-27 and subsequent tax years.</p></content></subsection></section><section eId="section-5"><num>5</num><heading>Savings rates of income tax for tax year 2027-28</heading><intro><p>For the tax year 2027-28 the savings rates of income tax are as follows—</p></intro><level class="para1" eId="section-5-a"><num>(a)</num><content><p>the savings basic rate is 22%,</p></content></level><level class="para1" eId="section-5-b"><num>(b)</num><content><p>the savings higher rate is 42%, and</p></content></level><level class="para1" eId="section-5-c"><num>(c)</num><content><p>the savings additional rate is 47%.</p></content></level></section><section eId="section-6"><num>6</num><heading>New rates of income tax on property income</heading><subsection eId="section-6-1"><num>(1)</num><content><p><ref eId="c00001" href="https://www.legislation.gov.uk/ukpga/2007/3/part/1">Part 1</ref> of <ref eId="c00002" href="https://www.legislation.gov.uk/ukpga/2007/3/contents">ITA 2007</ref> (rates at which income tax is charged etc) is amended as follows.</p></content></subsection><subsection eId="section-6-2"><num>(2)</num><content><p><mod>After <ref eId="c00003" href="https://www.legislation.gov.uk/ukpga/2007/3/section/6C">section 6C</ref> insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><section eId="d28e2309"><num>6D</num><heading>The property basic, higher and additional rates</heading><content><p>The property basic rate, the property higher rate and the property additional rate for a tax year are the rates determined as such by Parliament for the tax year.</p></content></section></quotedStructure></mod></p></content></subsection><subsection eId="section-6-3"><num>(3)</num><content><p><mod>After <ref eId="c00004" href="https://www.legislation.gov.uk/ukpga/2007/3/section/11C">section 11C</ref> insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><section eId="d28e2328"><num>11CA</num><heading>Income charged at the property basic, higher and additional rates: individuals</heading><subsection eId="d28e2332"><num>(1)</num><intro><p>Income tax is charged at the property basic rate on an individual’s income which—</p></intro><level class="para1"><num>(a)</num><content><p>is property income, and</p></content></level><level class="para1"><num>(b)</num><content><p>would otherwise be charged at the basic rate or the default basic rate.</p></content></level></subsection><subsection><num>(2)</num><intro><p>Income tax is charged at the property higher rate on an individual’s income which—</p></intro><level class="para1"><num>(a)</num><content><p>is property income, and</p></content></level><level class="para1"><num>(b)</num><content><p>would otherwise be charged at the higher rate or the default higher rate.</p></content></level></subsection><subsection eId="d28e2368"><num>(3)</num><intro><p>Income tax is charged at the property additional rate on an individual’s income which—</p></intro><level class="para1"><num>(a)</num><content><p>is property income, and</p></content></level><level class="para1"><num>(b)</num><content><p>would otherwise be charged at the additional rate or the default additional rate.</p></content></level></subsection><subsection><num>(4)</num><content><p>Subsections <ref href="#d28e2332">(1)</ref> to <ref href="#d28e2368">(3)</ref> are subject to—</p><blockList class="unordered none" ukl:Name="UnorderedList" ukl:Decoration="none"><item><p>section 11A (income charged at Scottish rates),</p></item><item><p>section 11CB (income charged at the Welsh property basic, higher and additional rates: individuals),</p></item><item><p>any other provisions of the Income Tax Acts which provide for income to be charged at different rates of income tax in some circumstances.</p></item></blockList></content></subsection><subsection><num>(5)</num><content><p>Sections 16 and <ref href="#d28e2433">16A</ref> have effect for determining the extent to which an individual’s property income would otherwise be charged at the basic, higher or additional rate or the default basic, default higher or default additional rate.</p></content></subsection></section></quotedStructure></mod></p></content></subsection><subsection eId="section-6-4"><num>(4)</num><content><p><mod>After <ref eId="c00005" href="https://www.legislation.gov.uk/ukpga/2007/3/section/16">section 16</ref> insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><section eId="d28e2433"><num>16A</num><heading>Treatment of property income in hierarchy of total income</heading><subsection><num>(1)</num><intro><p>This section has effect for determining—</p></intro><level class="para1"><num>(a)</num><content><p>which part of a Scottish taxpayer’s income consists of property income,</p></content></level><level class="para1"><num>(b)</num><content><p>the rate at which income tax would be charged on a person’s property income apart from section <ref href="#d28e2328">11CA</ref>, and</p></content></level><level class="para1"><num>(c)</num><content><p>the rate at which income tax would be charged on the property income of a Welsh taxpayer apart from section <ref href="#d28e43119">11CB</ref>.</p></content></level></subsection><subsection><num>(2)</num><content><p>It also has effect for all other income tax purposes except for the purposes of sections 535 to 537 of ITTOIA 2005 (gains from contracts for life insurance etc: top slicing relief).</p></content></subsection><subsection><num>(3)</num><content><p>If a person has property income but no dividend income or savings income, the property income is treated as the highest part of the person’s total income.</p></content></subsection><subsection><num>(4)</num><intro><p>If a person—</p></intro><level class="para1"><num>(a)</num><content><p>has property income, and</p></content></level><level class="para1"><num>(b)</num><content><p>dividend income or savings income (or both dividend income and savings income),</p></content></level><wrapUp><p>the property income is treated as the part of the person’s total income immediately before the savings income or, if the person does not have savings income, immediately before the dividend income.</p></wrapUp></subsection></section></quotedStructure></mod></p></content></subsection><subsection eId="section-6-5"><num>(5)</num><content><p><mod>After <ref eId="c00006" href="https://www.legislation.gov.uk/ukpga/2007/3/section/17">section 17</ref> insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><section eId="d28e2512"><num>17A</num><heading>Meaning of “property income”</heading><subsection><num>(1)</num><content><p>This section applies for the purposes of the Income Tax Acts.</p></content></subsection><subsection><num>(2)</num><intro><p>“Property income” is income which is—</p></intro><level class="para1"><num>(a)</num><content><p>chargeable under Chapter 3 of Part 3 of ITTOIA 2005 (the profits of a UK property business or an overseas property business),</p></content></level><level class="para1"><num>(b)</num><content><p>chargeable under Chapter 7 of that Part (amounts treated as adjustment income under section 330),</p></content></level><level class="para1"><num>(c)</num><content><p>chargeable under Chapter 8 of that Part (rent receivable in connection with a UK section 12(4) concern),</p></content></level><level class="para1"><num>(d)</num><content><p>chargeable under Chapter 9 of that Part (rent receivable for UK electric-line wayleaves), and</p></content></level><level class="para1"><num>(e)</num><content><p>chargeable under Chapter 10 of that Part (post-cessation receipts arising from a UK property business).</p></content></level></subsection></section></quotedStructure></mod></p></content></subsection><subsection eId="section-6-6"><num>(6)</num><content><p><mod>In <ref eId="c00007" href="https://www.legislation.gov.uk/ukpga/2007/3/section/25">section 25</ref> (reliefs and allowances deductible at Steps 2 and 3: supplementary), after <ref eId="c00008" href="https://www.legislation.gov.uk/ukpga/2007/3/section/25">subsection (3)</ref> insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><subsection><num>(3A)</num><content><p>Subsection (2) is also subject to a requirement that the reliefs and allowances in Steps 2 and 3 must be deducted from components of income other than property income, savings income or dividend income (so far as it would otherwise be possible to do so) before they are deducted from property income, savings income or dividend income.</p></content></subsection></quotedStructure></mod></p></content></subsection><subsection eId="section-6-7"><num>(7)</num><content><p><ref href="#schedule-1">Schedule 1</ref> makes amendments in connection with, or otherwise related to, provision made by <ref href="#section-6">this section</ref> and <ref href="#section-5">section 5</ref> (including amendments concerning savings rates).</p></content></subsection><subsection eId="section-6-8"><num>(8)</num><content><p>The amendments made by <ref href="#section-6">this section</ref> and that Schedule have effect for the tax year 2027-28 and subsequent tax years.</p></content></subsection></section><section eId="section-7"><num>7</num><heading>Property rates of income tax for tax year 2027-28</heading><intro><p>For the tax year 2027-28 the property rates of income tax are as follows—</p></intro><level class="para1" eId="section-7-a"><num>(a)</num><content><p>the property basic rate is 22%,</p></content></level><level class="para1" eId="section-7-b"><num>(b)</num><content><p>the property higher rate is 42%, and</p></content></level><level class="para1" eId="section-7-c"><num>(c)</num><content><p>the property additional rate is 47%.</p></content></level></section><section eId="section-8"><num>8</num><heading>Scottish and Welsh property rates set by Scottish Parliament and Senedd</heading><subsection eId="section-8-1"><num>(1)</num><content><p>Schedule <ref href="#schedule-2">2</ref> makes provision for Scottish and Welsh property rates to be set by the Scottish Parliament and Senedd Cymru.</p></content></subsection><subsection eId="section-8-2"><num>(2)</num><content><p><ref href="#section-8">This section</ref> and <ref href="#schedule-2">that Schedule</ref> come into force on such day as the Treasury may by regulations appoint.</p></content></subsection><subsection eId="section-8-3"><num>(3)</num><intro><p>The amendments made by <ref href="#section-8">this section</ref> and <ref href="#schedule-2">that Schedule</ref> have effect in relation to—</p></intro><level class="para1" eId="section-8-3-a"><num>(a)</num><content><p>the tax year appointed by the Treasury by regulations, and</p></content></level><level class="para1" eId="section-8-3-b"><num>(b)</num><content><p>subsequent tax years.</p></content></level></subsection><subsection eId="section-8-4"><num>(4)</num><intro><p>The tax year appointed under <ref href="#section-8-3">subsection (3)</ref>—</p></intro><level class="para1" eId="section-8-4-a"><num>(a)</num><content><p>must be a tax year after the tax year 2026-27, and</p></content></level><level class="para1" eId="section-8-4-b"><num>(b)</num><content><p>must begin on or after the day appointed under subsection <ref href="#section-8-2">(2)</ref>.</p></content></level></subsection><subsection eId="section-8-5"><num>(5)</num><content><p>Regulations under <ref href="#section-8">this section</ref> may appoint different days for different purposes.</p></content></subsection><subsection eId="section-8-6"><num>(6)</num><content><p>For further provision about regulations under this section, see section 1014(1), (3) and (6)(b) of ITA 2007.</p></content></subsection></section><section eId="section-9"><num>9</num><heading>Freezing starting rate limit for savings for tax years 2026-27 to 2030-31</heading><subsection eId="section-9-1"><num>(1)</num><content><p>For the tax years 2026-27, 2027-28, 2028-29, 2029-30 and 2030-31, the amount specified in <ref eId="c00009" href="https://www.legislation.gov.uk/ukpga/2007/3/section/12">section 12</ref><ref eId="c00010" href="https://www.legislation.gov.uk/ukpga/2007/3/section/12">(3)</ref> of <ref eId="c00011" href="https://www.legislation.gov.uk/ukpga/2007/3/contents">ITA 2007</ref> (the starting rate limit for savings) is “£5,000”.</p></content></subsection><subsection eId="section-9-2"><num>(2)</num><content><p>Accordingly, <ref eId="c00012" href="https://www.legislation.gov.uk/ukpga/2007/3/section/21">section 21</ref> of <ref eId="c00013" href="https://www.legislation.gov.uk/ukpga/2007/3/contents">that Act</ref> (indexation) does not apply in relation to the starting rate limit for savings for any of those tax years.</p></content></subsection></section><section eId="section-10"><num>10</num><heading>Basic rate limit and personal allowance for tax years 2028-29 to 2030-31</heading><subsection eId="section-10-1"><num>(1)</num><content><p>Section 5 of FA 2021 (basic rate limit and personal allowance for tax years up to 2027-28) is amended as follows.</p></content></subsection><subsection eId="section-10-2"><num>(2)</num><content><p><mod>In subsection (1) (which specifies the basic rate limit in section 10(5) of ITA 2007 as £37,700 for tax years up to 2027-28), for “and 2027-28” substitute <quotedText>“, 2027-28, 2028-29, 2029-30 and 2030-31”</quotedText>.</mod></p></content></subsection><subsection eId="section-10-3"><num>(3)</num><content><p><mod>In subsection (2) (which specifies the personal allowance in section 35(1) of ITA 2007 as £12,570 for tax years up to 2027-28), for “and 2027-28” substitute <quotedText>“, 2027-28, 2028-29, 2029-30 and 2030-31”</quotedText>.</mod></p></content></subsection><subsection eId="section-10-4"><num>(4)</num><content><p><mod>In subsection (3) (which makes consequential provision preventing the uprating of those amounts for the affected tax years), in the words after paragraph (b), for “and 2027-28” substitute <quotedText>“, 2027-28, 2028-29, 2029-30 and 2030-31”</quotedText>.</mod></p></content></subsection></section></hcontainer><hcontainer name="crossheading" ukl:Name="Pblock" eId="part-1-crossheading-corporation-tax-charge-and-rates"><heading>Corporation tax charge and rates</heading><section eId="section-11"><num>11</num><heading>Charge and main rate for financial year 2027</heading><subsection eId="section-11-1"><num>(1)</num><content><p>Corporation tax is charged for the financial year 2027.</p></content></subsection><subsection eId="section-11-2"><num>(2)</num><content><p>The main rate of corporation tax for that year is 25%.</p></content></subsection></section><section eId="section-12"><num>12</num><heading>Standard small profits rate and fraction for financial year 2027</heading><intro><p>For the purposes of Part 3A of CTA 2010, for the financial year 2027—</p></intro><level class="para1" eId="section-12-a"><num>(a)</num><content><p>the standard small profits rate is 19%, and</p></content></level><level class="para1" eId="section-12-b"><num>(b)</num><content><p>the standard marginal relief fraction is 3/200ths.</p></content></level></section></hcontainer><hcontainer name="crossheading" ukl:Name="Pblock" eId="part-1-crossheading-employee-reliefs"><heading>Employee reliefs</heading><section eId="section-13"><num>13</num><heading>Enterprise management incentives: thresholds and period for exercise</heading><subsection eId="section-13-1"><num>(1)</num><intro><p>In section 529 of ITEPA 2003 (scope of tax advantages: option must be exercised within 10 years)—</p></intro><level class="para1" eId="section-13-1-a"><num>(a)</num><content><p><mod>in the heading, for “within 10 years” substitute <quotedText>“by the specified anniversary”</quotedText>;</mod></p></content></level><level class="para1" eId="section-13-1-b"><num>(b)</num><content><p><mod>in subsection (2), for “tenth” substitute <quotedText>“specified”</quotedText>;</mod></p></content></level><level class="para1" eId="section-13-1-c"><num>(c)</num><content><p><mod>after subsection (2) insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><subsection><num>(2A)</num><intro><p>In this section, “<term refersTo="#term-specified-anniversary">specified anniversary</term>” means—</p></intro><level class="para1"><num>(a)</num><content><p>in cases where the employer company is a specified Northern Ireland company, the tenth anniversary, and</p></content></level><level class="para1"><num>(b)</num><content><p>otherwise, the fifteenth anniversary.</p></content></level></subsection></quotedStructure><inline name="appendText">.</inline></mod></p></content></level></subsection><subsection eId="section-13-2"><num>(2)</num><content><p>Schedule 5 to ITEPA 2003 is amended as set out in <ref href="#section-13-3">subsections (3)</ref> to <ref href="#section-13-7">(7)</ref>.</p></content></subsection><subsection eId="section-13-3"><num>(3)</num><intro><p>In paragraph 7 (maximum value of options in respect of relevant company’s shares)—</p></intro><level class="para1" eId="section-13-3-a"><num>(a)</num><content><p><mod>in sub-paragraph (1), after “exceed” insert—<quotedStructure startQuote="“" endQuote="”" uk:context="schedule" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="schedule" ukl:Format="double"><level class="para1"><num>(a)</num><content><p>£6 million, or</p></content></level><level class="para1"><num>(b)</num><content><p>where the employer company is a specified Northern Ireland company,</p></content></level></quotedStructure><inline name="appendText">;</inline></mod></p></content></level><level class="para1" eId="section-13-3-b"><num>(b)</num><content><p><mod>in sub-paragraph (2), after “option if the” insert <quotedText>“applicable”</quotedText>;</mod></p></content></level><level class="para1" eId="section-13-3-c"><num>(c)</num><content><p><mod>in sub-paragraph (4), after “applies” insert <quotedText>“(but see sub-paragraph (5A))”</quotedText>;</mod></p></content></level><level class="para1" eId="section-13-3-d"><num>(d)</num><content><p><mod>after sub-paragraph (5), insert—<quotedStructure startQuote="“" endQuote="”" uk:context="schedule" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="schedule" ukl:Format="double"><subparagraph><num>(5A)</num><intro><p>If—</p></intro><level class="para1"><num>(a)</num><content><p>the grant of two or more share options at the same time causes only the limit in paragraph 7(1)(b) to be exceeded, and</p></content></level><level class="para1"><num>(b)</num><content><p>the employer company in respect of some of the share options is not a specified Northern Ireland company,</p></content></level><wrapUp><p>the share options in respect of which the employer company is a specified Northern Ireland company are, for the purposes of this paragraph, to be treated as having been granted before the other share options.</p></wrapUp></subparagraph></quotedStructure><inline name="appendText">.</inline></mod></p></content></level></subsection><subsection eId="section-13-4"><num>(4)</num><intro><p>In paragraph 12 (the gross assets requirement)—</p></intro><level class="para1" eId="section-13-4-a"><num>(a)</num><content><p><mod>in sub-paragraph (1) after “exceed” insert—<quotedStructure startQuote="“" endQuote="”" uk:context="schedule" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="schedule" ukl:Format="double"><level class="para1"><num>(a)</num><content><p>£120 million, or</p></content></level><level class="para1"><num>(b)</num><content><p>where the company is a specified Northern Ireland company,</p></content></level></quotedStructure><inline name="appendText">.</inline></mod></p></content></level><level class="para1" eId="section-13-4-b"><num>(b)</num><content><p><mod>in sub-paragraph (2) after “exceed” insert—<quotedStructure startQuote="“" endQuote="”" uk:context="schedule" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="schedule" ukl:Format="double"><level class="para1"><num>(a)</num><content><p>£120 million, or</p></content></level><level class="para1"><num>(b)</num><content><p>where the employer company is a specified Northern Ireland company,</p></content></level></quotedStructure><inline name="appendText">.</inline></mod></p></content></level></subsection><subsection eId="section-13-5"><num>(5)</num><intro><p>In paragraph 12A (the number of employees requirement)—</p></intro><level class="para1" eId="section-13-5-a"><num>(a)</num><content><p><mod>in sub-paragraph (1) after “less than” insert—<quotedStructure startQuote="“" endQuote="”" uk:context="schedule" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="schedule" ukl:Format="double"><level class="para1"><num>(a)</num><content><p>500, or</p></content></level><level class="para1"><num>(b)</num><content><p>where the company is a specified Northern Ireland company,</p></content></level></quotedStructure><inline name="appendText">;</inline></mod></p></content></level><level class="para1" eId="section-13-5-b"><num>(b)</num><content><p><mod>in sub-paragraph (2) after “less than” insert <quotedText>“500 or, where the employer company is a specified Northern Ireland company,”</quotedText></mod></p></content></level></subsection><subsection eId="section-13-6"><num>(6)</num><intro><p>In paragraph 36 (option to be capable of exercise within ten years)—</p></intro><level class="para1" eId="section-13-6-a"><num>(a)</num><content><p><mod>in the italic cross-heading, for “10 years” substitute <quotedText>“the specified period”</quotedText>;</mod></p></content></level><level class="para1" eId="section-13-6-b"><num>(b)</num><content><p><mod>in sub-paragraph (1), for “the period of 10 years” substitute <quotedText>“the specified period”</quotedText>;</mod></p></content></level><level class="para1" eId="section-13-6-c"><num>(c)</num><content><p><mod>in sub-paragraph (2), for “the period mentioned in sub-paragraph (1)” substitute <quotedText>“the specified period”</quotedText>;</mod></p></content></level><level class="para1" eId="section-13-6-d"><num>(d)</num><content><p><mod>after sub-paragraph (2) insert—<quotedStructure startQuote="“" endQuote="”" uk:context="schedule" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="schedule" ukl:Format="double"><subparagraph><num>(3)</num><intro><p>In this paragraph, the “<term refersTo="#term-specified-period">specified period</term>” means—</p></intro><level class="para1"><num>(a)</num><content><p>15 years, or</p></content></level><level class="para1"><num>(b)</num><content><p>where the employer company is a specified Northern Ireland company, 10 years.</p></content></level></subparagraph></quotedStructure><inline name="appendText">.</inline></mod></p></content></level></subsection><subsection eId="section-13-7"><num>(7)</num><content><p><mod>After paragraph 57E, insert—<quotedStructure startQuote="“" endQuote="”" uk:context="schedule" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="schedule" ukl:Format="double"><hcontainer name="crossheading" class="schGroup7"><heading>Meaning of “specified Northern Ireland company”</heading><paragraph class="schProv1"><num>57F</num><intro><p>In the EMI code, a “<term refersTo="#term-specified-northern-ireland-company">specified Northern Ireland company</term>” means a company that—</p></intro><level class="para1"><num>(a)</num><content><p>has its registered office in Northern Ireland, and</p></content></level><level class="para1"><num>(b)</num><intro><p>carries on a trade involving—</p></intro><level class="para2"><num>(i)</num><content><p>a trade in goods, or</p></content></level><level class="para2"><num>(ii)</num><content><p>the generation, transmission, distribution, supply, wholesale trade or cross-border exchange of electricity.</p></content></level></level></paragraph></hcontainer></quotedStructure><inline name="appendText">.</inline></mod></p></content></subsection><subsection eId="section-13-8"><num>(8)</num><intro><p>In section 169I(7D)(b) of TCGA 1992 (material disposal of business assets)—</p></intro><level class="para1" eId="section-13-8-a"><num>(a)</num><content><p><mod>for “tenth ” substitute <quotedText>“specified”</quotedText>;</mod></p></content></level><level class="para1" eId="section-13-8-b"><num>(b)</num><content><p><mod>at the end insert <quotedText>“(with “specified anniversary” having the meaning given in section 529(2A) of that Act)”</quotedText>.</mod></p></content></level></subsection><subsection eId="section-13-9"><num>(9)</num><content><p>The amendments made by <ref href="#section-13-1">subsections (1)</ref> to <ref href="#section-13-8">(8)</ref> come into force on 6 April 2026.</p></content></subsection><subsection eId="section-13-10"><num>(10)</num><content><p><mod>On and after 6 April 2026, Schedule 5 to ITEPA 2003 has effect in relation to an option granted before 6 April 2026 as if the following paragraph were inserted after paragraph 37—<quotedStructure startQuote="“" endQuote="”" uk:context="schedule" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="schedule" ukl:Format="double"><paragraph class="schProv1"><num>37A</num><subparagraph eId="d28e3221"><num>(1)</num><intro><p><ref href="#d28e3247">Sub-paragraph (2)</ref> applies if—</p></intro><level class="para1"><num>(a)</num><content><p>on or after 26 November 2025, a fixed-date qualifying option is varied so as to delay the date on which it can be exercised,</p></content></level><level class="para1"><num>(b)</num><content><p>the variation takes place on or before the tenth anniversary of the grant of the option, and</p></content></level><level class="para1"><num>(c)</num><content><p>the variation results in an option that is capable of being exercised on a single date falling on or before the fifteenth anniversary of the grant of the option.</p></content></level></subparagraph><subparagraph eId="d28e3247"><num>(2)</num><intro><p>An option that is varied as described in <ref href="#d28e3221">sub-paragraph (1)</ref>—</p></intro><level class="para1"><num>(a)</num><content><p>continues to be a qualifying option for the purposes of the EMI code, and</p></content></level><level class="para1"><num>(b)</num><content><p>is to be treated for the purposes of the EMI code as having been granted in its varied form.</p></content></level></subparagraph><subparagraph><num>(3)</num><intro><p>In <ref href="#d28e3221">sub-paragraph (1)</ref>—</p></intro><level class="para1"><num>(a)</num><content><p>“<term refersTo="#term-fixed-date-qualifying-option">fixed-date qualifying option</term>” means a qualifying option granted before 6 April 2026 that is capable of being exercised on a single date set by reference to its date of grant, and</p></content></level><level class="para1"><num>(b)</num><content><p>a reference to an option being varied is a reference to its being varied by written agreement between the person who granted the option and the person entitled to exercise it.</p></content></level></subparagraph><subparagraph><num>(4)</num><content><p><ref href="#d28e3247">Sub-paragraph (2)</ref> does not apply in relation to an option if, at the time of variation, the employer company is a specified Northern Ireland company.</p></content></subparagraph></paragraph></quotedStructure><inline name="appendText">.</inline></mod></p></content></subsection></section><section eId="section-14"><num>14</num><heading>Enterprise investment scheme: increase in amounts and asset requirements</heading><subsection eId="section-14-1"><num>(1)</num><content><p>Part 5 of ITA 2007 is amended as follows.</p></content></subsection><subsection eId="section-14-2"><num>(2)</num><content><p><mod>In section 173A(1) (the maximum amount raised annually through risk finance investments requirement), for paragraphs (a) and (b) substitute—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><level class="para1"><num>(a)</num><intro><p>if at that date the issuing company is a knowledge-intensive company (see section 252A and subsection (5A)) and—</p></intro><level class="para2"><num>(i)</num><content><p>not a specified Northern Ireland company, £20 million;</p></content></level><level class="para2"><num>(ii)</num><content><p>a specified Northern Ireland company, £10 million, and</p></content></level></level><level class="para1"><num>(b)</num><intro><p>if at that date the issuing company is not a knowledge-intensive company and—</p></intro><level class="para2"><num>(i)</num><content><p>not a specified Northern Ireland company, £10 million;</p></content></level><level class="para2"><num>(ii)</num><content><p>a specified Northern Ireland company, £5 million.</p></content></level></level></quotedStructure><inline name="appendText">.</inline></mod></p></content></subsection><subsection eId="section-14-3"><num>(3)</num><content><p><mod>In section 173AA(1) (maximum risk finance investments at the issue date requirement), for paragraphs (a) and (b) substitute—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><level class="para1"><num>(a)</num><intro><p>if at the issue date the issuing company is a knowledge-intensive company (see section 252A) and—</p></intro><level class="para2"><num>(i)</num><content><p>not a specified Northern Ireland company, £40 million;</p></content></level><level class="para2"><num>(ii)</num><content><p>a specified Northern Ireland company, £20 million, and</p></content></level></level><level class="para1"><num>(b)</num><intro><p>if at the issue date the issuing company is not a knowledge-intensive company and—</p></intro><level class="para2"><num>(i)</num><content><p>not a specified Northern Ireland company, £24 million;</p></content></level><level class="para2"><num>(ii)</num><content><p>a specified Northern Ireland company, £12 million.</p></content></level></level></quotedStructure><inline name="appendText">.</inline></mod></p></content></subsection><subsection eId="section-14-4"><num>(4)</num><content><p><mod>In section 173AB(4) (maximum risk finance investments during period B requirement) for paragraphs (a) and (b) substitute—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><level class="para1"><num>(a)</num><intro><p>if at the issue date the issuing company is a knowledge-intensive company (see section 252A) and—</p></intro><level class="para2"><num>(i)</num><content><p>not a specified Northern Ireland company, £40 million;</p></content></level><level class="para2"><num>(ii)</num><content><p>a specified Northern Ireland company, £20 million, and</p></content></level></level><level class="para1"><num>(b)</num><intro><p>if at the issue date the issuing company is not a knowledge-intensive company and—</p></intro><level class="para2"><num>(i)</num><content><p>not a specified Northern Ireland company, £24 million;</p></content></level><level class="para2"><num>(ii)</num><content><p>a specified Northern Ireland company, £12 million.</p></content></level></level></quotedStructure><inline name="appendText">.</inline></mod></p></content></subsection><subsection eId="section-14-5"><num>(5)</num><intro><p>In section 175 (the use of the money raised requirement)—</p></intro><level class="para1" eId="section-14-5-a"><num>(a)</num><content><p><mod>in subsection (1), for “The” substitute <quotedText>“A”</quotedText>;</mod></p></content></level><level class="para1" eId="section-14-5-b"><num>(b)</num><content><p><mod>after subsection (1A), insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><subsection><num>(1B)</num><content><p>Another requirement of this section is that, of the money raised by the issue of the relevant shares (other than any of them which are bonus shares), only such part of that money as could have been raised by an issue of shares falling within subsection (1C) is employed for the purposes of a qualifying business activity that is carried on by one or more specified Northern Ireland companies.</p></content></subsection><subsection><num>(1C)</num><content><p>Shares fall within this subsection if the general requirements referred to in section 172 as they apply in relation to shares issued by a specified Northern Ireland company are met in respect of them.</p></content></subsection></quotedStructure><inline name="appendText">.</inline></mod></p></content></level></subsection><subsection eId="section-14-6"><num>(6)</num><intro><p>In section 186 (the gross assets requirement)—</p></intro><level class="para1" eId="section-14-6-a"><num>(a)</num><content><p><mod>before subsection (1), insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><subsection><num>A1</num><intro><p>In the case of relevant shares issued by a single company that is not a specified Northern Ireland company, the value of the company’s gross assets—</p></intro><level class="para1"><num>(a)</num><content><p>must not exceed £30 million immediately before the relevant share issue, and</p></content></level><level class="para1"><num>(b)</num><content><p>must not exceed £35 million immediately afterwards.</p></content></level></subsection><subsection><num>A2</num><intro><p>In the case of relevant shares issued by a parent company that is not a specified Northern Ireland company, the value of the group assets—</p></intro><level class="para1"><num>(a)</num><content><p>must not exceed £30 million immediately before the relevant share issue, and</p></content></level><level class="para1"><num>(b)</num><content><p>must not exceed £35 million immediately afterwards.</p></content></level></subsection></quotedStructure><inline name="appendText">;</inline></mod></p></content></level><level class="para1" eId="section-14-6-b"><num>(b)</num><content><p><mod>in subsection (1), after “single company” insert <quotedText>“that is a specified Northern Ireland company”</quotedText>;</mod></p></content></level><level class="para1" eId="section-14-6-c"><num>(c)</num><content><p><mod>in subsection (2), after “parent company” insert <quotedText>“that is a specified Northern Ireland company”</quotedText>.</mod></p></content></level></subsection><subsection eId="section-14-7"><num>(7)</num><content><p><mod>After section 256A, insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><section><num>256B</num><heading>Meaning of “specified Northern Ireland company”</heading><intro><p>For the purposes of this Part, a “<term refersTo="#term-specified-northern-ireland-company">specified Northern Ireland company</term>” means a company that—</p></intro><level class="para1"><num>(a)</num><content><p>has its registered office in Northern Ireland, and</p></content></level><level class="para1"><num>(b)</num><intro><p>carries on a trade involving—</p></intro><level class="para2"><num>(i)</num><content><p>a trade in goods, or</p></content></level><level class="para2"><num>(ii)</num><content><p>the generation, transmission, distribution, supply, wholesale trade or cross-border exchange of electricity.</p></content></level></level></section></quotedStructure><inline name="appendText">.</inline></mod></p></content></subsection><subsection eId="section-14-8"><num>(8)</num><content><p>The amendments made by this section come into force on 6 April 2026.</p></content></subsection></section><section eId="section-15"><num>15</num><heading>Venture capital trusts: rate of relief and amounts and asset requirements</heading><subsection eId="section-15-1"><num>(1)</num><content><p>Part 6 of ITA 2007 is amended as follows.</p></content></subsection><subsection eId="section-15-2"><num>(2)</num><content><p><mod>In section 263(2) (form and amount of relief), for “30%” substitute <quotedText>“20%”</quotedText>.</mod></p></content></subsection><subsection eId="section-15-3"><num>(3)</num><content><p><mod>In section 292A(1) (the maximum amount raised annually through risk finance investments requirement ), for paragraphs (a) and (b) substitute—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><level class="para1"><num>(a)</num><intro><p>if at that date the relevant company is a knowledge-intensive company (see section 331A and subsection (6A)) and—</p></intro><level class="para2"><num>(i)</num><content><p>not a specified Northern Ireland company, £20 million;</p></content></level><level class="para2"><num>(ii)</num><content><p>a specified Northern Ireland company, £10 million, and</p></content></level></level><level class="para1"><num>(b)</num><intro><p>if at that date the relevant company is not a knowledge-intensive company and—</p></intro><level class="para2"><num>(i)</num><content><p>not a specified Northern Ireland company, £10 million;</p></content></level><level class="para2"><num>(ii)</num><content><p>a specified Northern Ireland company, £5 million.</p></content></level></level></quotedStructure><inline name="appendText">.</inline></mod></p></content></subsection><subsection eId="section-15-4"><num>(4)</num><content><p><mod>In section 292AA(1) (maximum risk finance investments when relevant holding is issued requirement), for paragraphs (a) and (b) substitute—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><level class="para1"><num>(a)</num><intro><p>if at the investment date the relevant company is a knowledge-intensive company (see section 331A) and—</p></intro><level class="para2"><num>(i)</num><content><p>not a specified Northern Ireland company, £40 million;</p></content></level><level class="para2"><num>(ii)</num><content><p>a specified Northern Ireland company, £20 million, and</p></content></level></level><level class="para1"><num>(b)</num><intro><p>if at the investment date the relevant company is not a knowledge-intensive company and—</p></intro><level class="para2"><num>(i)</num><content><p>not a specified Northern Ireland company, £24 million;</p></content></level><level class="para2"><num>(ii)</num><content><p>a specified Northern Ireland company, £12 million.</p></content></level></level></quotedStructure><inline name="appendText">.</inline></mod></p></content></subsection><subsection eId="section-15-5"><num>(5)</num><content><p><mod>In section 292AB(4) (maximum risk finance investments during the 5-year post-investment period requirement), for paragraphs (a) and (b) substitute—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><level class="para1"><num>(a)</num><intro><p>if at the investment date the relevant company is a knowledge-intensive company (see section 331A) and—</p></intro><level class="para2"><num>(i)</num><content><p>not a specified Northern Ireland company, £40 million;</p></content></level><level class="para2"><num>(ii)</num><content><p>a specified Northern Ireland company, £20 million, and</p></content></level></level><level class="para1"><num>(b)</num><intro><p>if at the investment date the relevant company is not a knowledge-intensive company and—</p></intro><level class="para2"><num>(i)</num><content><p>not a specified Northern Ireland company, £24 million;</p></content></level><level class="para2"><num>(ii)</num><content><p>a specified Northern Ireland company, £12 million.</p></content></level></level></quotedStructure><inline name="appendText">.</inline></mod></p></content></subsection><subsection eId="section-15-6"><num>(6)</num><intro><p>In section 293 (the use of the money raised requirement)—</p></intro><level class="para1" eId="section-15-6-a"><num>(a)</num><content><p><mod>in subsection (1), for “The” substitute <quotedText>“A”</quotedText>;</mod></p></content></level><level class="para1" eId="section-15-6-b"><num>(b)</num><content><p><mod>after subsection (5A) insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><subsection><num>(5B)</num><content><p>Another requirement of this section is that, of the money raised by the issue of the relevant holding, only such part of that money as could have been raised by an issue of shares and securities falling within subsection (5C) is employed for the purposes of a qualifying business activity that is carried on by one or more specified Northern Ireland companies.</p></content></subsection><subsection><num>(5C)</num><content><p>Shares and securities fall within this subsection if the requirements in section 286(2) as they apply in relation to a relevant company that is a specified Northern Ireland company are met in respect of them.</p></content></subsection></quotedStructure><inline name="appendText">.</inline></mod></p></content></level></subsection><subsection eId="section-15-7"><num>(7)</num><intro><p>In section 297 (the gross assets requirement)—</p></intro><level class="para1" eId="section-15-7-a"><num>(a)</num><content><p><mod>before subsection (1) insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><subsection><num>A1</num><intro><p>The requirement of this section in the case of a relevant company that is a single company and not a specified Northern Ireland company is that the value of the company’s gross assets—</p></intro><level class="para1"><num>(a)</num><content><p>did not exceed £30 million immediately before the issue of the relevant holding, and</p></content></level><level class="para1"><num>(b)</num><content><p>did not exceed £35 million immediately afterwards.</p></content></level></subsection><subsection><num>A2</num><intro><p>The requirement of this section in the case of a relevant company that is a parent company and not a specified Northern Ireland company is that the value of the group assets—</p></intro><level class="para1"><num>(a)</num><content><p>did not exceed £30 million immediately before the issue of the relevant holding, and</p></content></level><level class="para1"><num>(b)</num><content><p>did not exceed £35 million immediately afterwards.</p></content></level></subsection></quotedStructure><inline name="appendText">;</inline></mod></p></content></level><level class="para1" eId="section-15-7-b"><num>(b)</num><content><p><mod>in subsection (1), after “single company” insert <quotedText>“and a specified Northern Ireland company”</quotedText>;</mod></p></content></level><level class="para1" eId="section-15-7-c"><num>(c)</num><content><p><mod>in subsection (2), after “parent company” insert <quotedText>“and a specified Northern Ireland company”</quotedText>.</mod></p></content></level></subsection><subsection eId="section-15-8"><num>(8)</num><content><p><mod>After section 331B, insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><section><num>331C</num><heading>Meaning of “specified Northern Ireland company”</heading><intro><p>For the purposes of this Part, a “<term refersTo="#term-specified-northern-ireland-company">specified Northern Ireland company</term>” means a company that—</p></intro><level class="para1"><num>(a)</num><content><p>has its registered office in Northern Ireland, and</p></content></level><level class="para1"><num>(b)</num><intro><p>carries on a trade involving—</p></intro><level class="para2"><num>(i)</num><content><p>a trade in goods, or</p></content></level><level class="para2"><num>(ii)</num><content><p>the generation, transmission, distribution, supply, wholesale trade or cross-border exchange of electricity.</p></content></level></level></section></quotedStructure><inline name="appendText">.</inline></mod></p></content></subsection><subsection eId="section-15-9"><num>(9)</num><content><p>The amendments made by this section come into force on 6 April 2026.</p></content></subsection></section><section eId="section-16"><num>16</num><heading>CSOP schemes and EMI: PISCES shares</heading><subsection eId="section-16-1"><num>(1)</num><intro><p>If—</p></intro><level class="para1" eId="section-16-1-a"><num>(a)</num><content><p>a share option is granted under a CSOP scheme before 6 April 2028,</p></content></level><level class="para1" eId="section-16-1-b"><num>(b)</num><content><p>the terms of the option which are mentioned in paragraph 21A(1)(d) of Schedule 4 to ITEPA 2003 are, at any time on or after 15 May 2025, varied, and</p></content></level><level class="para1" eId="section-16-1-c"><num>(c)</num><content><p>the sole effect of the provision constituting the variation is that, in the event that the shares are or become PISCES shares, the option may be exercised (to any extent) but only if the shares acquired as a result of its exercise are then sold on a PISCES as soon as is reasonably practicable,</p></content></level><wrapUp><p>the provision mentioned in paragraph (c) is to be treated for the purposes of the CSOP code as if it had been included in the share option at the time at which the option was granted.</p></wrapUp></subsection><subsection eId="section-16-2"><num>(2)</num><content><p>Subsection (1) is to have effect as if contained in Schedule 4 to ITEPA 2003.</p></content></subsection><subsection eId="section-16-3"><num>(3)</num><intro><p>If—</p></intro><level class="para1" eId="section-16-3-a"><num>(a)</num><content><p>a share option which is a qualifying option for the purposes of the EMI code is granted before 6 April 2028,</p></content></level><level class="para1" eId="section-16-3-b"><num>(b)</num><content><p>the terms of the option which are mentioned in paragraph 37(2)(e) of Schedule 5 to ITEPA 2003 are, at any time on or after 15 May 2025, varied, and</p></content></level><level class="para1" eId="section-16-3-c"><num>(c)</num><content><p>the sole effect of the provision constituting the variation is that, in the event that the shares are or become PISCES shares, the option may be exercised (to any extent) but only if the shares acquired as a result of its exercise are then sold on a PISCES as soon as is reasonably practicable,</p></content></level><wrapUp><p>the provision mentioned in paragraph (c) is to be treated for the purposes of the EMI code as if it had been included in the share option at the time at which the option was granted.</p></wrapUp></subsection><subsection eId="section-16-4"><num>(4)</num><content><p>Subsection (3) is to have effect as if contained in Schedule 5 to ITEPA 2003.</p></content></subsection><subsection eId="section-16-5"><num>(5)</num><intro><p>A variation of an option is not to count for the purposes of this section unless—</p></intro><level class="para1" eId="section-16-5-a"><num>(a)</num><content><p>the variation is effected by a written agreement to which the person entitled to exercise the option is a party, or</p></content></level><level class="para1" eId="section-16-5-b"><num>(b)</num><content><p>the variation is otherwise notified in writing to that person.</p></content></level></subsection><subsection eId="section-16-6"><num>(6)</num><content><p>For the purposes of this section, “<term refersTo="#term-pisces-shares" eId="term-pisces-shares">PISCES shares</term>” and “<term refersTo="#term-a-pisces" eId="term-a-pisces">a PISCES</term>” have the same meaning as in the applicable PISCES regulations.</p></content></subsection><subsection eId="section-16-7"><num>(7)</num><intro><p>For this purpose, “<term refersTo="#term-the-applicable-pisces-regulations" eId="term-the-applicable-pisces-regulations">the applicable PISCES regulations</term>” means—</p></intro><level class="para1" eId="section-16-7-a"><num>(a)</num><content><p>the Financial Services and Markets Act 2023 (Private Intermittent Securities and Capital Exchange System Sandbox) Regulations 2025 (“<term refersTo="#term-the-2025-regulations" eId="term-the-2025-regulations">the 2025 regulations</term>”), or</p></content></level><level class="para1" eId="section-16-7-b"><num>(b)</num><content><p>if regulations are made under section 15 of the Financial Services and Markets Act 2023 (“<term refersTo="#term-the-2023-act" eId="term-the-2023-act">the 2023 Act</term>”) in the case of a PISCES, regulations under that section.</p></content></level></subsection><subsection eId="section-16-8"><num>(8)</num><intro><p>If—</p></intro><level class="para1" eId="section-16-8-a"><num>(a)</num><content><p>regulations made under section 15 of the 2023 Act use expressions other than PISCES shares or a PISCES, but</p></content></level><level class="para1" eId="section-16-8-b"><num>(b)</num><content><p>those other expressions are used in those regulations for the same or similar purposes as the expressions PISCES and a PISCES are used in the 2025 regulations,</p></content></level><wrapUp><p>this section has effect as if the references to PISCES shares or a PISCES are to those other expressions.</p></wrapUp></subsection></section></hcontainer><hcontainer name="crossheading" ukl:Name="Pblock" eId="part-1-crossheading-employment-income-relating-to-cars-etc"><heading>Employment income relating to cars etc</heading><section eId="section-17"><num>17</num><heading>Employee car and van ownership schemes</heading><subsection eId="section-17-1"><num>(1)</num><content><p>Chapter 6 of Part 3 of ITEPA 2003 (taxable benefits: cars, vans and related benefits) is amended in accordance with subsections <ref href="#section-17-2">(2)</ref> to <ref href="#section-17-4">(4)</ref>.</p></content></subsection><subsection eId="section-17-2"><num>(2)</num><intro><p>In section 114(1)(a) (cars, vans and related benefits)—</p></intro><level class="para1" eId="section-17-2-a"><num>(a)</num><content><p>omit “(without any transfer of the property in it)”;</p></content></level><level class="para1" eId="section-17-2-b"><num>(b)</num><content><p><mod>after “household” insert <quotedText startQuote="“">—</quotedText><quotedStructure endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="default"><level class="para2"><num>(i)</num><content><p>without any transfer of the property in it, or</p></content></level><level class="para2"><num>(ii)</num><content><p>in circumstances falling within section <ref href="#d28e4173">116A</ref> (car or van made available with transfer of ownership),</p></content></level></quotedStructure><inline name="appendText">.</inline></mod></p></content></level></subsection><subsection eId="section-17-3"><num>(3)</num><intro><p>In section 116(1) (meaning of when car or van is available to employee)—</p></intro><level class="para1" eId="section-17-3-a"><num>(a)</num><content><p>omit “and without any transfer of the property in it”;</p></content></level><level class="para1" eId="section-17-3-b"><num>(b)</num><content><p><mod>after “household” insert <quotedText startQuote="“">—</quotedText><quotedStructure endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="default"><level class="para1"><num>(a)</num><content><p>without any transfer of the property in it, or</p></content></level><level class="para1"><num>(b)</num><content><p>in circumstances falling within section <ref href="#d28e4173">116A</ref>.</p></content></level></quotedStructure></mod></p></content></level></subsection><subsection eId="section-17-4"><num>(4)</num><content><p><mod>After section 116 insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><section eId="d28e4173"><num>116A</num><heading>Car or van made available with transfer of ownership</heading><subsection eId="d28e4177"><num>(1)</num><intro><p>A car or van is made available to an employee or a member of the employee’s family or household in circumstances falling within this section if the car or van is made available—</p></intro><level class="para1"><num>(a)</num><content><p>with a transfer of the property in it to the employee or member, and</p></content></level><level class="para1"><num>(b)</num><content><p>pursuant to qualifying arrangements.</p></content></level></subsection><subsection eId="d28e4195"><num>(2)</num><intro><p>For the purposes of this section, arrangements are “qualifying arrangements” if any of the following applies in relation to them—</p></intro><level class="para1" eId="d28e4201"><num>(a)</num><content><p>they include restrictions on the private use of the car or van by the employee or member;</p></content></level><level class="para1"><num>(b)</num><content><p>they provide for a person other than the employee or member to be the registered keeper of the car or van;</p></content></level><level class="para1"><num>(c)</num><content><p>they provide for the employee or member, after a certain period of time or in certain circumstances, to transfer the property in the car or van to another person for an amount determined in accordance with the arrangements;</p></content></level><level class="para1"><num>(d)</num><content><p>they are of a description specified in regulations made by the Treasury.</p></content></level></subsection><subsection><num>(3)</num><content><p>For the purposes of this Chapter, a car or van made available as mentioned in subsection <ref href="#d28e4177">(1)</ref> is to be treated as being so made available until the arrangements cease to have effect (but see sections 132A, 143 and 156 for provision about the days on which a car or van is unavailable).</p></content></subsection><subsection><num>(4)</num><intro><p>In subsection <ref href="#d28e4195">(2)</ref><ref href="#d28e4201">(a)</ref> the reference to restrictions does not include a restriction that—</p></intro><level class="para1"><num>(a)</num><content><p>is included in a motor insurance policy held in respect of the car or van, and</p></content></level><level class="para1"><num>(b)</num><content><p>might reasonably be expected to be so included.</p></content></level></subsection><subsection><num>(5)</num><intro><p>In this section—</p></intro><hcontainer name="definition"><content><p>“<term refersTo="#term-arrangements">arrangements</term>” includes any scheme, agreement or understanding, whether or not legally enforceable;</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-motor-insurance-policy">motor insurance policy</term>” means a policy of insurance that complies with the requirements of Part 6 of the Road Traffic Act 1988 or, in relation to Northern Ireland, Part 8 of the Road Traffic (Northern Ireland) Order 1981 (<ref eId="c00014" href="http://www.legislation.gov.uk/id/nisi/1981/154">S.I. 1981/154 (N.I. 1)</ref>);</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-registered-keeper">registered keeper</term>” means the person in whose name a vehicle is registered under VERA 1994.</p></content></hcontainer></subsection></section></quotedStructure></mod></p></content></subsection><subsection eId="section-17-5"><num>(5)</num><content><p>The amendments made by subsections <ref href="#section-17-2">(2)</ref> to <ref href="#section-17-4">(4)</ref> have effect for the tax year 2030-31 and subsequent tax years.</p></content></subsection><subsection eId="section-17-6"><num>(6)</num><content><p>But in relation to a car or van made available to an employee or a member of the employee’s family or household pursuant to pre-6 April 2030 arrangements, the amendments made by subsections <ref href="#section-17-2">(2)</ref> to <ref href="#section-17-4">(4)</ref> have effect for the tax year 2032-33 and subsequent tax years.</p></content></subsection><subsection eId="section-17-7"><num>(7)</num><content><p>If pre-6 April 2030 arrangements are varied or renewed on or after 6 April 2030, the car or van is treated, with effect from the beginning of the day on which the variation or renewal takes effect, as not being made available pursuant to pre-6 April 2030 arrangements.</p></content></subsection><subsection eId="section-17-8"><num>(8)</num><content><p>In subsection <ref href="#section-17-7">(7)</ref> the reference to arrangements being varied does not include any variation which is required for reasons beyond the control of the parties to the arrangements.</p></content></subsection><subsection eId="section-17-9"><num>(9)</num><content><p>In this section “<term refersTo="#term-pre-6-april-2030-arrangements" eId="term-pre-6-april-2030-arrangements">pre-6 April 2030 arrangements</term>” means arrangements which are entered into before 6 April 2030.</p></content></subsection></section><section eId="section-18"><num>18</num><heading>Car or van made available on arm’s length terms</heading><subsection eId="section-18-1"><num>(1)</num><intro><p>In section 117 of ITEPA 2003 (meaning of car or van made available by reason of employment)—</p></intro><level class="para1" eId="section-18-1-a"><num>(a)</num><content><p><mod>in subsection (1), for “or (3)” substitute <quotedText>“, (3) or <ref href="#d28e4368">(4)</ref>”</quotedText>;</mod></p></content></level><level class="para1" eId="section-18-1-b"><num>(b)</num><content><p><mod>after subsection (3) insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><subsection eId="d28e4368"><num>(4)</num><intro><p>Subsection (1) does not apply where—</p></intro><level class="para1"><num>(a)</num><content><p>the employer carries on a business under which cars or vans of the same kind are made available to members of the public for sale or lease,</p></content></level><level class="para1"><num>(b)</num><content><p>the car or van in question is sold or leased to the employee or member in the normal course of that business, and</p></content></level><level class="para1"><num>(c)</num><content><p>the terms on which the car or van is sold or leased to the employee or member might reasonably be expected to be agreed between the employer and a member of the public with whom the employer deals at arm’s length.</p></content></level></subsection></quotedStructure></mod></p></content></level></subsection><subsection eId="section-18-2"><num>(2)</num><content><p>The amendments made by subsection <ref href="#section-18-1">(1)</ref> have effect for the tax year 2026-27 and subsequent tax years.</p></content></subsection></section><section eId="section-19"><num>19</num><heading>CO<sub>2</sub> emissions figure for certain cars with an electric range figure</heading><subsection eId="section-19-1"><num>(1)</num><content><p>Chapter 6 of Part 3 of ITEPA 2003 (taxable benefits: cars etc) is amended in accordance with subsections <ref href="#section-19-2">(2)</ref> and <ref href="#section-19-3">(3)</ref>.</p></content></subsection><subsection eId="section-19-2"><num>(2)</num><content><p><mod>In section 136A (cars with a CO<sub>2</sub> emissions figure: registration on or after IP completion day), after subsection (4) insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><subsection eId="d28e4433"><num>(5)</num><content><p>Subsection (2) is also subject to section <ref href="#d28e4458">138A</ref> (certain cars with a CO<sub>2</sub> emissions figure and an electric range figure).</p></content></subsection></quotedStructure></mod></p></content></subsection><subsection eId="section-19-3"><num>(3)</num><content><p><mod>After section 138 insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><section eId="d28e4458"><num>138A</num><heading>Certain cars with a CO<sub>2</sub> emissions figure and an electric range figure</heading><subsection><num>(1)</num><intro><p>This section applies to a car if—</p></intro><level class="para1"><num>(a)</num><content><p>the car was first registered under VERA 1994 on or after 1 January 2025 and before 6 April 2028,</p></content></level><level class="para1"><num>(b)</num><content><p>the car’s CO<sub>2</sub> emissions figure (as determined under section 136A) is 51 or more,</p></content></level><level class="para1"><num>(c)</num><content><p>the CO<sub>2</sub> emissions figure or (as the case may be) the CO<sub>2</sub> emissions (combined) figure specified in the car’s qualifying emissions certificate was calculated in accordance with an emission standard other than the Euro 6d-ISC-FCM emission standard or the Euro 6e emission standard, and</p></content></level><level class="para1"><num>(d)</num><content><p>the car’s electric range figure is 1 or more.</p></content></level></subsection><subsection><num>(2)</num><content><p>For the purposes of this Chapter, the car is to be treated as having a CO<sub>2 </sub>emissions figure of 1.</p></content></subsection><subsection><num>(3)</num><intro><p>In this section—</p></intro><hcontainer name="definition"><content><p>“<term refersTo="#term-electric-range-figure">electric range figure</term>” is the number of miles which is the equivalent of the number of kilometres specified in an EC certificate of conformity, an EC type-approval certificate or a UK approval certificate on the basis of which a car is registered, as being the maximum distance for which the car can be driven in electric mode without recharging the battery;</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-euro-6d-isc-fcm-emission-standard">Euro 6d-ISC-FCM emission standard</term>” and “<term refersTo="#term-euro-6e-emission-standard">Euro 6e emission standard</term>” have the same meaning as in Schedule 3A to the Vehicle Emissions Trading Schemes Order 2023 (alternative specific emissions of CO<sub>2</sub>: OVC hybrid electric vehicles) (<ref eId="c00015" href="http://www.legislation.gov.uk/id/uksi/2023/1394">S.I. 2023/1394</ref>) (see paragraph 1 of that Schedule).</p></content></hcontainer></subsection><subsection><num>(4)</num><content><p>For the purposes of this section, in determining the electric range figure for a car, ignore any values specified in an EC certificate of conformity, an EC type-approval certificate or a UK approval certificate that are not WLTP (worldwide harmonised light vehicle test procedures) values.</p></content></subsection></section></quotedStructure></mod></p></content></subsection><subsection eId="section-19-4"><num>(4)</num><intro><p>The amendments made by subsections <ref href="#section-19-2">(2)</ref> and <ref href="#section-19-3">(3)</ref> have effect—</p></intro><level class="para1" eId="section-19-4-a"><num>(a)</num><content><p>for the tax years 2024-25 to 2027-28, and</p></content></level><level class="para1" eId="section-19-4-b"><num>(b)</num><content><p>in relation to a car to which subsection <ref href="#section-19-5">(5)</ref> applies, for the tax years 2028-29 to 2030-31.</p></content></level></subsection><subsection eId="section-19-5"><num>(5)</num><content><p>This subsection applies to a car made available to an employee or a member of the employee’s family or household pursuant to pre-6 April 2028 arrangements.</p></content></subsection><subsection eId="section-19-6"><num>(6)</num><intro><p>Where—</p></intro><level class="para1" eId="section-19-6-a"><num>(a)</num><content><p>a car is made available by an employer to an employee or a member of the employee’s family or household pursuant to pre-6 April 2028 arrangements, and</p></content></level><level class="para1" eId="section-19-6-b"><num>(b)</num><content><p>the arrangements are varied on or after 6 April 2028 only so far as is necessary to ensure that the car is made available by the employer to another employee or a member of the other employee’s family or household pursuant to the arrangements,</p></content></level><wrapUp><p>the car is treated as being made available by the employer to the other employee or member pursuant to pre-6 April 2028 arrangements.</p></wrapUp></subsection><subsection eId="section-19-7"><num>(7)</num><content><p>If pre-6 April 2028 arrangements are otherwise varied or renewed on or after 6 April 2028, the car is treated, with effect from the beginning of the day on which the variation or renewal takes effect, as not being made available pursuant to pre-6 April 2028 arrangements.</p></content></subsection><subsection eId="section-19-8"><num>(8)</num><content><p>In subsection <ref href="#section-19-7">(7)</ref> the reference to arrangements being varied does not include a variation which is required for reasons beyond the control of the parties to the arrangements.</p></content></subsection><subsection eId="section-19-9"><num>(9)</num><content><p>In this section “<term refersTo="#term-pre-6-april-2028-arrangements" eId="term-pre-6-april-2028-arrangements">pre-6 April 2028 arrangements</term>” means arrangements which are entered into before 6 April 2028.</p></content></subsection><subsection eId="section-19-10"><num>(10)</num><content><p>Sections 136A<ref href="#d28e4433">(5)</ref> and <ref href="#d28e4458">138A</ref> of ITEPA 2003, and subsections <ref href="#section-19-1">(1)</ref> to <ref href="#section-19-3">(3)</ref> of this section, are repealed.</p></content></subsection><subsection eId="section-19-11"><num>(11)</num><content><p>Subsection <ref href="#section-19-10">(10)</ref> comes into force on 6 April 2031.</p></content></subsection></section></hcontainer><hcontainer name="crossheading" ukl:Name="Pblock" eId="part-1-crossheading-other-employment-income"><heading>Other employment income</heading><section eId="section-20"><num>20</num><heading>Employment income: miscellaneous exemptions</heading><subsection eId="section-20-1"><num>(1)</num><content><p>Chapter 11 of Part 4 of ITEPA 2003 (employment income: miscellaneous exemptions) is amended in accordance with subsections <ref href="#section-20-2">(2)</ref> to <ref href="#section-20-4">(4)</ref>.</p></content></subsection><subsection eId="section-20-2"><num>(2)</num><content><p><mod>After section 316 insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><section><num>316ZA</num><heading>Accommodation, supplies and services used in employment duties: payment or reimbursement of expenses</heading><subsection><num>(1)</num><content><p>No liability to income tax arises in respect of the payment or reimbursement of expenses incurred by an employee on behalf of the employer in respect of the provision for the employee of accommodation, supplies or services if conditions A and B are met.</p></content></subsection><subsection><num>(2)</num><intro><p>Condition A is that, at the time the accommodation, supplies or services are first provided, the intention of the employer is that—</p></intro><level class="para1"><num>(a)</num><content><p>they will be used by the employee in performing duties of the employment, and</p></content></level><level class="para1"><num>(b)</num><content><p>any use of them for private purposes by the employee or members of the employee’s family or household will not be significant.</p></content></level></subsection><subsection><num>(3)</num><intro><p>Condition B is that where the provision is otherwise than on premises occupied by the employer—</p></intro><level class="para1"><num>(a)</num><content><p>its sole purpose is to enable the employee to perform the duties of the employee’s employment, and</p></content></level><level class="para1"><num>(b)</num><content><p>what is provided is not an excluded benefit.</p></content></level></subsection><subsection><num>(4)</num><content><p>In this section “<term refersTo="#term-for-private-purposes">for private purposes</term>” and “<term refersTo="#term-excluded-benefit">excluded benefit</term>” have the same meaning as in section 316.</p></content></subsection></section></quotedStructure></mod></p></content></subsection><subsection eId="section-20-3"><num>(3)</num><intro><p>In section 320A (eye tests and special corrective appliances)—</p></intro><level class="para1" eId="section-20-3-a"><num>(a)</num><content><p><mod>after subsection (1) insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><subsection eId="d28e4753"><num>(1A)</num><content><p>No liability to income tax arises in respect of the payment or reimbursement of expenses incurred by an employee in respect of the provision for the employee of a test or appliances of the kind mentioned in subsection (1) if conditions A and B are met.</p></content></subsection></quotedStructure><inline name="appendText">;</inline></mod></p></content></level><level class="para1" eId="section-20-3-b"><num>(b)</num><content><p><mod>in subsection (3), after “regulations” insert <quotedText>“, whether by way of provision under subsection (1) or payment or reimbursement under subsection <ref href="#d28e4753">(1A)</ref>”</quotedText>.</mod></p></content></level></subsection><subsection eId="section-20-4"><num>(4)</num><content><p><mod>After section 320C insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><hcontainer name="crossheading" ukl:Name="Pblock"><heading>Flu vaccinations</heading><section eId="d28e4786"><num>320D</num><heading>Flu vaccinations</heading><subsection><num>(1)</num><content><p>No liability to income tax arises in respect of the provision for an employee of an influenza vaccination if the provision is not made pursuant to relevant salary sacrifice arrangements.</p></content></subsection><subsection><num>(2)</num><content><p>No liability to income tax arises in respect of the payment or reimbursement of expenses incurred by an employee in respect of the provision for the employee of an influenza vaccination if the payment or reimbursement is not made pursuant to relevant salary sacrifice arrangements.</p></content></subsection><subsection><num>(3)</num><content><p>In this section “<term refersTo="#term-relevant-salary-sacrifice-arrangements">relevant salary sacrifice arrangements</term>” means arrangements (whenever made, whether before or after the employment began) under which the employee gives up the right to receive an amount of general earnings or specific employment income in return for the provision of an influenza vaccination or the payment or reimbursement of the cost of such a vaccination.</p></content></subsection></section></hcontainer></quotedStructure></mod></p></content></subsection><subsection eId="section-20-5"><num>(5)</num><intro><p>In section 266(3) of ITEPA 2003 (exemption of non-cash vouchers for exempt benefits)—</p></intro><level class="para1" eId="section-20-5-a"><num>(a)</num><content><p>omit the “or” after paragraph (f);</p></content></level><level class="para1" eId="section-20-5-b"><num>(b)</num><content><p><mod>after paragraph (g) insert <quotedText startQuote="“">, or</quotedText><quotedStructure endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="default"><level class="para1"><num>(h)</num><content><p>section <ref href="#d28e4786">320D</ref> (flu vaccinations).</p></content></level></quotedStructure></mod></p></content></level></subsection><subsection eId="section-20-6"><num>(6)</num><intro><p>In section 267(2) of ITEPA 2003 (exemption of credit-tokens used for exempt benefits)—</p></intro><level class="para1" eId="section-20-6-a"><num>(a)</num><content><p>omit the “and” after paragraph (h);</p></content></level><level class="para1" eId="section-20-6-b"><num>(b)</num><content><p><mod>after paragraph (i) insert <quotedText startQuote="“">, and</quotedText><quotedStructure endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="default"><level class="para1"><num>(j)</num><content><p>section <ref href="#d28e4786">320D</ref> (flu vaccinations).</p></content></level></quotedStructure></mod></p></content></level></subsection><subsection eId="section-20-7"><num>(7)</num><content><p>The amendments made by this section have effect in relation to the tax year 2026-2027 and subsequent tax years.</p></content></subsection></section><section eId="section-21"><num>21</num><heading>Disallowing deduction from earnings for additional household expenses</heading><subsection eId="section-21-1"><num>(1)</num><content><p><mod>After section 360A of ITEPA 2003 (no deduction from earnings for social security contributions) insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><section><num>360B</num><heading>Additional household expenses</heading><subsection><num>(1)</num><content><p>No deduction from earnings is allowed under this Chapter for additional household expenses which the employee incurs in the performance of the duties of the employment at home.</p></content></subsection><subsection><num>(2)</num><content><p>In this section, “<term refersTo="#term-household-expenses">household expenses</term>” has the same meaning as in section 316A.</p></content></subsection></section></quotedStructure></mod></p></content></subsection><subsection eId="section-21-2"><num>(2)</num><content><p>The amendment made by this section has effect for the tax year 2026-27 and subsequent tax years.</p></content></subsection></section><section eId="section-22"><num>22</num><heading>Payment for cancelled shifts etc.</heading><subsection eId="section-22-1"><num>(1)</num><content><p><mod>After section 221 of ITEPA 2003 (payments where employee absent because of sickness or disability) insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><section><num>221A</num><heading>Payment for cancelled, moved or curtailed shift</heading><subsection eId="d28e4940"><num>(1)</num><content><p>This section applies to a payment made to an employee under section 27BP of the Employment Rights Act 1996 (right to payment for a cancelled, moved or curtailed shift) by reason of the employee’s employment.</p></content></subsection><subsection><num>(2)</num><intro><p>The payment—</p></intro><level class="para1"><num>(a)</num><content><p>is to be treated as earnings from the employment for the relevant tax year, and</p></content></level><level class="para1"><num>(b)</num><content><p>does not constitute earnings from the employment by virtue of any other provision.</p></content></level></subsection><subsection><num>(3)</num><intro><p>For the purposes of this section and the application of Part 2 of this Act (charge to tax) to amounts treated as earnings under this section—</p></intro><level class="para1"><num>(a)</num><content><p>“<term refersTo="#term-employee">employee</term>” includes a former employee or individual who was a prospective employee immediately before the shift was cancelled, moved or curtailed, and</p></content></level><level class="para1"><num>(b)</num><content><p>employment is to be construed accordingly.</p></content></level></subsection><subsection><num>(4)</num><content><p>Accordingly, for the purposes of applying this section and Part 2 of this Act (charge to tax) to a payment made to a prospective employee by reason of a prospective employment it does not matter whether the prospective employee ever holds the employment.</p></content></subsection><subsection><num>(5)</num><content><p>Sections 17 and 30 (treatment of earnings for year in which employment not held) do not apply in connection with determining the year for which amounts are to be treated as earnings under this section.</p></content></subsection><subsection><num>(6)</num><content><p>In this section “<term refersTo="#term-relevant-tax-year">relevant tax year</term>” means the tax year in which the duties of the shift in respect of which the payment under <ref href="#d28e4940">subsection (1)</ref> was made that were not performed would have been performed if the shift had not been cancelled, moved or curtailed.</p></content></subsection></section></quotedStructure></mod></p></content></subsection><subsection eId="section-22-2"><num>(2)</num><content><p>The amendment made by this section comes into force on the first day on which the duty in section 27BP(1) of the Employment Rights Act 1996 has effect.</p></content></subsection></section><section eId="section-23"><num>23</num><heading>Location of duties of employment where duties not performed</heading><subsection eId="section-23-1"><num>(1)</num><content><p>ITEPA 2003 is amended as follows.</p></content></subsection><subsection eId="section-23-2"><num>(2)</num><intro><p>In section 27 (UK-based earnings for year when employee not resident in UK)—</p></intro><level class="para1" eId="section-23-2-a"><num>(a)</num><intro><p>in subsection (1)—</p></intro><level class="para2" eId="section-23-2-a-i"><num>(i)</num><content><p><mod>at the end of paragraph (a) insert <quotedText>“that do not fall within paragraph (c)”</quotedText>;</mod></p></content></level><level class="para2" eId="section-23-2-a-ii"><num>(ii)</num><content><p><mod>at the end of paragraph (b) insert <quotedText>“that do not fall within paragraph (c)”</quotedText>;</mod></p></content></level><level class="para2" eId="section-23-2-a-iii"><num>(iii)</num><content><p><mod>at the end of paragraph (c) insert <quotedText>“and which have been reduced by a claim for relief under section 414 (reduction in other cases of foreign service)”</quotedText>;</mod></p></content></level></level><level class="para1" eId="section-23-2-b"><num>(b)</num><content><p><mod>in subsection (2), for “(1)(a) or (b)” substitute <quotedText>“(1)”</quotedText>;</mod></p></content></level><level class="para1" eId="section-23-2-c"><num>(c)</num><content><p>omit subsection (2A);</p></content></level><level class="para1" eId="section-23-2-d"><num>(d)</num><content><p><mod>in subsection (3), for “Subsections (2) and (2A) apply” substitute <quotedText>“Subsection (2) applies”</quotedText>.</mod></p></content></level></subsection><subsection eId="section-23-3"><num>(3)</num><intro><p>In section 38 (earnings for period of absence from employment)—</p></intro><level class="para1" eId="section-23-3-a"><num>(a)</num><content><p><mod>in subsection (1), for “This section” substitute <quotedText>“Subsection (2)”</quotedText>;</mod></p></content></level><level class="para1" eId="section-23-3-b"><num>(b)</num><content><p><mod>after subsection (2) insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><subsection><num>(3)</num><content><p>If and to the extent that general earnings for a period of absence from an employment are not treated for the purposes of this Chapter as general earnings in respect of duties performed in the United Kingdom, the general earnings are to be treated for the purposes of this Chapter as general earnings in respect of duties performed outside the United Kingdom.</p></content></subsection><subsection><num>(4)</num><content><p>For the purposes of this section references to “general earnings for a period of absence” do not include any general earnings to which section 221A (cancelled, moved or curtailed shift) applies (see <ref href="#d28e5138">section 38A</ref>).</p></content></subsection></quotedStructure></mod></p></content></level></subsection><subsection eId="section-23-4"><num>(4)</num><content><p><mod>After section 38 (earnings for period of absence from employment) insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><section eId="d28e5138"><num>38A</num><heading>Earnings relating to duties not performed</heading><subsection><num>(1)</num><content><p>This section applies for determining the extent to which general earnings that relate to duties that were not performed are to be treated for the purposes of this Chapter as general earnings in respect of duties performed in the United Kingdom.</p></content></subsection><subsection><num>(2)</num><intro><p>For the purposes of this section—</p></intro><level class="para1"><num>(a)</num><content><p>“<term refersTo="#term-general-earnings">general earnings</term>” means an amount of general earnings specified in the first column of the table, and</p></content></level><level class="para1"><num>(b)</num><content><p>the “<term refersTo="#term-duties-that-were-not-performed">duties that were not performed</term>”, in relation to general earnings, means the duties specified in the corresponding entry in the second column of the table.</p><tblock class="table" ukl:Orientation="portrait"><foreign><default:table xmlns="http://www.w3.org/1999/xhtml"><default:colgroup><default:col span="1" style="width:40%"/><default:col span="1" style="width:60%"/></default:colgroup><default:thead><default:tr><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0"><i>General earnings</i></p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0"><i>Duties that were not performed</i></p></default:th></default:tr></default:thead><default:tbody><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">General earnings to which section 221A (cancelled, moved or curtailed shift) applies</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">The duties that it is reasonable to assume would have been performed during the shift but were not performed because of the shift’s cancellation, movement or curtailment</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">General earnings to which section 402B (termination payments etc) applies</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">The duties that it is reasonable to assume would have been performed during the post-employment notice period as defined by section 402E if the employee’s employment had not been terminated until the end of that period</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">General earnings which consist of a payment in lieu of notice to which Chapter 3 of Part 6 (termination payments etc). does not apply</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">The duties that it is reasonable to assume would have been performed during the notice period if the employee’s employment had not been terminated until the end of that period</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Any other general earnings in respect of duties that an employee does not perform other than any general earnings for a period of absence from employment</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">The duties that the employee does not perform</p></default:td></default:tr></default:tbody></default:table></foreign></tblock></content></level></subsection><subsection><num>(3)</num><intro><p>Subsection <ref href="#section-23-4">(4)</ref> applies to the general earnings from an employment for a tax year if—</p></intro><level class="para1"><num>(a)</num><content><p>it is reasonable to assume that some or all of the duties that were not performed would have been performed in the United Kingdom, or</p></content></level><level class="para1"><num>(b)</num><content><p>any duties of the employment performed during that tax year are performed wholly or partly in the United Kingdom.</p></content></level></subsection><subsection><num>(4)</num><content><p>The general earnings are to be treated for the purposes of this Chapter as general earnings in respect of duties performed in the United Kingdom except in so far as, had the duties that were not performed been performed, general earnings in respect of those duties would have been general earnings for duties performed outside the United Kingdom.</p></content></subsection><subsection><num>(5)</num><content><p>If and to the extent that the general earnings are not treated for the purposes of this Chapter as general earnings in respect of duties performed in the United Kingdom, the general earnings are to be treated for the purposes of this Chapter as general earnings in respect of duties performed outside the United Kingdom.</p></content></subsection></section></quotedStructure></mod></p></content></subsection><subsection eId="section-23-5"><num>(5)</num><content><p><mod>In section 41Y (location of employment duties), in subsection (1), for “applies” substitute <quotedText>“and section 38A (earnings in respect of duties not performed) apply”</quotedText>.</mod></p></content></subsection><subsection eId="section-23-6"><num>(6)</num><content><p>In section 402B (termination awards not benefiting from threshold to be treated as earnings), omit subsection (1)(b) (and the “but” before it).</p></content></subsection><subsection eId="section-23-7"><num>(7)</num><intro><p>The amendments made by this section have effect in relation to general earnings that are, for the purposes of Chapter 4 or 5 of Part 2 of ITEPA 2003—</p></intro><level class="para1" eId="section-23-7-a"><num>(a)</num><content><p>for tax years 2026-27 and subsequent tax years, and</p></content></level><level class="para1" eId="section-23-7-b"><num>(b)</num><content><p>treated as received on or after 6 April 2026.</p></content></level></subsection></section><section eId="section-24"><num>24</num><heading>Umbrella companies</heading><subsection eId="section-24-1"><num>(1)</num><content><p><ref eId="c00016" href="https://www.legislation.gov.uk/ukpga/2003/1/contents">ITEPA 2003</ref> is amended as follows.</p></content></subsection><subsection eId="section-24-2"><num>(2)</num><content><p><mod>In <ref eId="c00017" href="https://www.legislation.gov.uk/ukpga/2003/1/part/2">Part 2</ref> (employment income: charge to tax), after <ref eId="c00018" href="https://www.legislation.gov.uk/ukpga/2003/1/part/2/chapter/10">Chapter 10</ref> insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><chapter eId="d28e5300"><num>Chapter 11</num><heading>Umbrella companies</heading><section eId="d28e5308"><num>61Y</num><heading>Umbrella companies: joint and several liability</heading><subsection eId="d28e5312"><num>(1)</num><intro><p>Subsection <ref href="#d28e5354">(2)</ref> applies if—</p></intro><level class="para1"><num>(a)</num><content><p>an individual (“the worker”) personally provides services, or enters into arrangements with a view to personally providing services, to another person (“<term refersTo="#term-the-client">the client</term>”),</p></content></level><level class="para1" eId="d28e5330"><num>(b)</num><intro><p>the worker is employed by a third person (“the umbrella company”)—</p></intro><level class="para2"><num>(i)</num><content><p>that carries on a business (whether or not with a view to profit and whether or not in conjunction with any other business) of supplying labour, and</p></content></level><level class="para2" eId="d28e5342"><num>(ii)</num><content><p>that is not a company in which the worker has a material interest, and</p></content></level></level><level class="para1"><num>(c)</num><content><p>the umbrella company arrangements conditions are met.</p></content></level></subsection><subsection eId="d28e5354"><num>(2)</num><content><p>Each relevant party (see section <ref href="#d28e5566">61Z</ref>) is, along with the umbrella company, jointly and severally liable to pay any amount payable, in accordance with the PAYE provisions, by the umbrella company in relation to a qualifying umbrella company payment.</p></content></subsection><subsection eId="d28e5363"><num>(3)</num><content><p>A “<term refersTo="#term-qualifying-umbrella-company-payment">qualifying umbrella company payment</term>” means a payment made in respect of the employment of the worker to the extent that it is not in respect of the provision of services to a person other than the client.</p></content></subsection><subsection eId="d28e5372"><num>(4)</num><intro><p>The umbrella company arrangements conditions are that—</p></intro><level class="para1" eId="d28e5378"><num>(a)</num><intro><p>there is a contract between the umbrella company and—</p></intro><level class="para2"><num>(i)</num><content><p>the client, or</p></content></level><level class="para2"><num>(ii)</num><content><p>another person,</p></content></level></level><level class="para1"><num>(b)</num><intro><p>under or in consequence of the contract—</p></intro><level class="para2"><num>(i)</num><content><p>the services are provided, or</p></content></level><level class="para2"><num>(ii)</num><content><p>the umbrella company is paid, or otherwise provided with consideration, for the services, and</p></content></level></level><level class="para1" eId="d28e5414"><num>(c)</num><intro><p>if the contract is not between the umbrella company and the client—</p></intro><level class="para2" eId="d28e5420"><num>(i)</num><content><p>there is a contract between the client and another person,</p></content></level><level class="para2"><num>(ii)</num><content><p>the provision of the services or of payment or other consideration for the services is also a consequence of that other contract (whether directly or as a result of a series of contracts involving other persons).</p></content></level></level></subsection><subsection eId="d28e5432"><num>(5)</num><intro><p>For the purposes of subsection <ref href="#d28e5312">(1)</ref><ref href="#d28e5330">(b)</ref><ref href="#d28e5342">(ii)</ref>—</p></intro><level class="para1" eId="d28e5445"><num>(a)</num><intro><p>“<term refersTo="#term-material-interest">material interest</term>”, in relation to a company, means—</p></intro><level class="para2"><num>(i)</num><content><p>beneficial ownership of, or the ability to control, directly or through the medium of other companies or by any other indirect means, more than 5% of the ordinary share capital of the company,</p></content></level><level class="para2"><num>(ii)</num><content><p>possession of, or entitlement to acquire, rights entitling the holder to receive more than 5% of any distributions that may be made by the company, or</p></content></level><level class="para2"><num>(iii)</num><content><p>where the company is a close company, possession of, or entitlement to acquire, rights that would in the event of the winding up of the company, or in any other circumstances, entitle the holder to receive more than 5% of the assets that would then be available for distribution among the participators, but</p></content></level></level><level class="para1"><num>(b)</num><content><p>the worker is to be regarded as not having a material interest in a company if that interest is a result, to any extent, of any arrangements the main purpose, or one of the main purposes, of which is to secure that subsection <ref href="#d28e5354">(2)</ref> does not apply.</p></content></level></subsection><subsection><num>(6)</num><content><p>And for the purposes of subsection <ref href="#d28e5432">(5)</ref><ref href="#d28e5445">(a)</ref> “<term refersTo="#term-participator">participator</term>” has the meaning given by section 454 of CTA 2010.</p></content></subsection><subsection><num>(7)</num><intro><p>In this Chapter—</p></intro><hcontainer name="definition"><content><p>“<term refersTo="#term-arrangements">arrangements</term>” include any agreement, understanding, scheme transaction or series of transactions (whether or not legally enforceable);</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-the-client">the client</term>”, “<term refersTo="#term-the-umbrella-company">the umbrella company</term>” and “<term refersTo="#term-the-worker">the worker</term>” are to be construed in accordance with <ref href="#d28e5312">subsection (1)</ref>;</p></content></hcontainer><hcontainer name="definition"><intro><p>“<term refersTo="#term-employed">employed</term>”, in relation to an individual, does not include the individual being treated as employed as a result of any of—</p></intro><level class="para1"><num>(a)</num><content><p>Chapters 7 to 10 of this Part (deemed employment by intermediaries), or</p></content></level><level class="para1"><num>(b)</num><content><p>section 863A of ITTOIA 2005 (deemed employment of partners in limited liability partnerships),</p></content></level><wrapUp><p>and “<term refersTo="#term-employer">employer</term>” is to be construed accordingly;</p></wrapUp></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-paye-provisions">PAYE provisions</term>” means the provisions of Part 11 or PAYE regulations;</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-the-umbrella-company-arrangements-conditions">the umbrella company arrangements conditions</term>” means the conditions set out in <ref href="#d28e5372">subsection (4)</ref>.</p></content></hcontainer></subsection></section><section eId="d28e5566"><num>61Z</num><heading>Relevant parties</heading><subsection><num>(1)</num><content><p>If the contract referred to in <ref href="#d28e5372">subsection (4)</ref><ref href="#d28e5378">(a)</ref> of <ref href="#d28e5308">section 61Y</ref> is between the umbrella company and a person other than the client, the person referred to in <ref href="#d28e5372">subsection (4)</ref><ref href="#d28e5414">(c)</ref><ref href="#d28e5420">(i)</ref> of that section is a relevant party.</p></content></subsection><subsection><num>(2)</num><intro><p>The client is a relevant party if—</p></intro><level class="para1"><num>(a)</num><content><p>the contract referred to in <ref href="#d28e5372">subsection (4)</ref><ref href="#d28e5378">(a)</ref> of that section is between the umbrella company and the client, or</p></content></level><level class="para1"><num>(b)</num><intro><p>the person referred to in <ref href="#d28e5372">subsection (4)</ref><ref href="#d28e5414">(c)</ref><ref href="#d28e5420">(i)</ref> of that section—</p></intro><level class="para2"><num>(i)</num><content><p>is connected with the umbrella company, or</p></content></level><level class="para2"><num>(ii)</num><content><p>is non-UK resident.</p></content></level></level></subsection><subsection><num>(3)</num><intro><p>In a case where—</p></intro><level class="para1"><num>(a)</num><content><p>both the client and the person referred to in <ref href="#d28e5372">subsection (4)</ref><ref href="#d28e5414">(c)</ref><ref href="#d28e5420">(i)</ref> of <ref href="#d28e5308">section 61Y</ref> are non-UK resident,</p></content></level><level class="para1"><num>(b)</num><content><p>the provision of the services or payment or other consideration for the services is a consequence of a series of contracts involving other persons (other than the worker), and</p></content></level><level class="para1"><num>(c)</num><content><p>at least one of those persons is UK resident,</p></content></level><wrapUp><p>the person who is UK resident and is closest, by reference to that series of contracts, to the client is a relevant party.</p></wrapUp></subsection></section><section eId="d28e5672"><num>61Z1</num><heading>Purported umbrella companies</heading><subsection><num>(1)</num><content><p>Subsection <ref href="#d28e5854">(5)</ref> applies if any of the following cases applies.</p></content></subsection><subsection><num>(2)</num><intro><p>Case 1 is that—</p></intro><level class="para1"><num>(a)</num><content><p>a person (“the purported umbrella company”) participates in arrangements that would, if an individual were employed by the purported umbrella company, result in the umbrella company arrangements conditions being met in relation to services the individual provides to the client,</p></content></level><level class="para1"><num>(b)</num><intro><p>either—</p></intro><level class="para2"><num>(i)</num><content><p>it is reasonable to suppose that one or more participants in the arrangements, other than the purported umbrella company or the individual, would assume that the purported umbrella company is the employer of that individual, or</p></content></level><level class="para2"><num>(ii)</num><content><p>the purported umbrella company has taken any step that it is reasonable to suppose was intended to give the impression to any person (whether or not that impression is given) that the purported umbrella company is the employer of the individual,</p></content></level></level><level class="para1"><num>(c)</num><content><p>the individual is not employed by the purported umbrella company, and</p></content></level><level class="para1"><num>(d)</num><content><p>if the individual were employed by the purported umbrella company <ref href="#d28e5354">subsection (2)</ref> of <ref href="#d28e5308">section 61Y</ref> would apply.</p></content></level></subsection><subsection><num>(3)</num><intro><p>Case 2 is that—</p></intro><level class="para1"><num>(a)</num><content><p>a person (“the purported umbrella company”) participates in arrangements that would, if an individual were employed by the purported umbrella company, result in the umbrella company arrangements conditions being met in relation to services the individual provides to the client,</p></content></level><level class="para1"><num>(b)</num><content><p>the individual would, ignoring this section, be treated as employed by the purported umbrella company as a result of Chapter 7 of this Part,</p></content></level><level class="para1"><num>(c)</num><content><p>if the individual were employed by the purported umbrella company <ref href="#d28e5354">subsection (2)</ref> of <ref href="#d28e5308">section 61Y</ref> would apply,</p></content></level><level class="para1"><num>(d)</num><content><p>if it did apply accordingly, the contract referred to in <ref href="#d28e5372">subsection (4)</ref><ref href="#d28e5378">(a)</ref> of that section would be between the umbrella company and the client, and</p></content></level><level class="para1"><num>(e)</num><intro><p>the provision of the services by the individual to the client was not as a result of services having been provided to the individual in connection with finding the client with a view to the individual personally providing services to the client—</p></intro><level class="para2"><num>(i)</num><content><p>by the purported umbrella company, or</p></content></level><level class="para2"><num>(ii)</num><content><p>where the provision of services to the client is as a result of a series of contracts, by one or more of the parties to those contracts.</p></content></level></level></subsection><subsection><num>(4)</num><intro><p>Case 3 is that—</p></intro><level class="para1"><num>(a)</num><content><p>a company (“the purported umbrella company”) in which an individual has a material interest, within the meaning given by subsection <ref href="#d28e5432">(5)</ref><ref href="#d28e5445">(a)</ref> of <ref href="#d28e5308">section 61Y</ref>, participates in arrangements that would, if the company were the umbrella company, result in the umbrella company arrangements conditions being met in relation to services the individual provides to the client,</p></content></level><level class="para1"><num>(b)</num><intro><p>either—</p></intro><level class="para2"><num>(i)</num><content><p>it is reasonable to suppose that one or more participants in the arrangements, other than the purported umbrella company or the individual, would assume that a substantial proportion of amounts provided to the purported umbrella company in respect of the services will be paid to the individual as earnings, or</p></content></level><level class="para2"><num>(ii)</num><content><p>the purported umbrella company has taken any step that it is reasonable to suppose was intended to give the impression to any person (whether or not that impression is given) that a substantial proportion of amounts provided to the purported umbrella company in respect of the services will be paid to the individual as earnings,</p></content></level></level><level class="para1"><num>(c)</num><content><p>it is not the case that a substantial proportion of amounts provided to the purported umbrella company in respect of the services is paid to the individual as earnings, and</p></content></level><level class="para1"><num>(d)</num><content><p><ref href="#d28e5354">subsection (2)</ref> of <ref href="#d28e5308">section 61Y</ref> would apply if <ref href="#d28e5312">subsection (1)</ref><ref href="#d28e5330">(b)</ref><ref href="#d28e5342">(ii)</ref> of that section (requirement that the umbrella company is not a company in which the worker has a material interest) were omitted.</p></content></level></subsection><subsection eId="d28e5854"><num>(5)</num><intro><p>If this subsection applies—</p></intro><level class="para1"><num>(a)</num><content><p>the individual is to be treated for income tax purposes as holding an employment with the purported umbrella company, the duties of which consist of the services the individual provides to the client,</p></content></level><level class="para1"><num>(b)</num><content><p>all relevant remuneration is to be treated for income tax purposes as earnings from that employment,</p></content></level><level class="para1" eId="d28e5872"><num>(c)</num><intro><p>where there is any provision of relevant remuneration (by any person and to any person) that does not result (whether as a direct result of that provision, as a result of the onward provision of that remuneration or otherwise) in the payment of PAYE income of that remuneration, or any part of it, to the individual, the purported umbrella company is treated as making, and the individual is treated as receiving—</p></intro><level class="para2" eId="d28e5878"><num>(i)</num><content><p>a payment of PAYE income in the relevant amount made at the time it was provided for the purposes of the PAYE provisions, and</p></content></level><level class="para2"><num>(ii)</num><content><p>a qualifying umbrella company payment made in the relevant amount at that time for the purposes of <ref href="#d28e5308">section 61Y</ref><ref href="#d28e5363">(3)</ref>,</p></content></level></level><level class="para1"><num>(d)</num><content><p>Chapters 7 to 10 of this Part (deemed employment by intermediaries) do not apply in relation to the provision of those services,</p></content></level><level class="para1"><num>(e)</num><content><p>section 863A (deemed employment of partners in limited liability partnerships) of ITTOIA 2005 does not apply so far as it otherwise would apply in relation to the provision of those services, and</p></content></level><level class="para1"><num>(f)</num><content><p>accordingly, <ref href="#d28e5308">section 61Y</ref><ref href="#d28e5354">(2)</ref> will apply in relation to the purported umbrella company.</p></content></level></subsection><subsection><num>(6)</num><intro><p>For the purposes of subsection <ref href="#d28e5854">(5)</ref>—</p></intro><level class="para1"><num>(a)</num><content><p>in paragraph <ref href="#d28e5872">(c)</ref> the relevant amount means so much of the remuneration provided as does not result in the payment of PAYE income to the individual, and</p></content></level><level class="para1"><num>(b)</num><content><p>that paragraph only applies in relation to the initial provision of an amount of relevant remuneration (and not to any subsequent onward provision of that same amount).</p></content></level></subsection><subsection eId="d28e5942"><num>(7)</num><intro><p>If subsection <ref href="#d28e5854">(5)</ref> would, ignoring this subsection, apply in relation to more than one purported umbrella company in relation to services the individual provides to the client, that subsection only applies in relation to the purported umbrella company that—</p></intro><level class="para1"><num>(a)</num><content><p>is a person to whom PAYE regulations apply and is closest to the individual, by reference to the contract or series of contracts resulting in the provision of those services, or</p></content></level><level class="para1"><num>(b)</num><content><p>if none of the purported umbrella companies is a person to whom PAYE regulations apply, is closest to the individual by reference to that contract or those contracts.</p></content></level></subsection><subsection><num>(8)</num><intro><p>Where subsection <ref href="#d28e5854">(5)</ref> applies and there is a person who is an umbrella company in relation to the services the individual provides to the client, that subsection has effect as if—</p></intro><level class="para1"><num>(a)</num><content><p>paragraph (a) were omitted,</p></content></level><level class="para1"><num>(b)</num><content><p>in paragraph (b), the reference to that employment were to the employment of the individual by the umbrella company,</p></content></level><level class="para1"><num>(c)</num><content><p>in paragraph (c), the reference to the purported umbrella company were to the umbrella company, and</p></content></level><level class="para1"><num>(d)</num><content><p>paragraph (f) were omitted.</p></content></level></subsection><subsection eId="d28e5996"><num>(9)</num><intro><p>Subsection <ref href="#d28e6026">(10)</ref> applies where subsection <ref href="#d28e5854">(5)</ref> applies and there is more than one person who—</p></intro><level class="para1" eId="d28e6008"><num>(a)</num><content><p>is an umbrella company in relation to services the individual provides to the client, or</p></content></level><level class="para1" eId="d28e6014"><num>(b)</num><content><p>is a purported umbrella company in relation to those services (including a purported umbrella company in relation to which subsection <ref href="#d28e5854">(5)</ref> does not apply as a result of subsection <ref href="#d28e5942">(7)</ref>).</p></content></level></subsection><subsection eId="d28e6026"><num>(10)</num><content><p>Where this subsection applies, each of the persons falling within paragraphs <ref href="#d28e6008">(a)</ref> or <ref href="#d28e6014">(b)</ref> of subsection <ref href="#d28e5996">(9)</ref> is (to the extent this would not otherwise be the case) jointly and severally liable to pay any amount payable, in accordance with the PAYE provisions, in relation to the relevant remuneration.</p></content></subsection><subsection><num>(11)</num><intro><p>For the purposes of this section “<term refersTo="#term-relevant-remuneration">relevant remuneration</term>” means—</p></intro><level class="para1"><num>(a)</num><content><p>all remuneration receivable by the individual (from any person) in consequence of providing the services, and</p></content></level><level class="para1"><num>(b)</num><content><p>any other amount that it is just and reasonable to attribute to provision of the services by the individual (for example, any amounts that would form part of any deemed direct employment payment or deemed direct payment if any of Chapters 8, 9 or 10 of this Part applied).</p></content></level></subsection></section><section><num>61Z2</num><heading>Disclosures to liable persons</heading><subsection><num>(1)</num><content><p>Subsection <ref href="#d28e6078">(2)</ref> applies where an officer of Revenue and Customs considers that a person is, or may be, jointly and severally liable to pay an amount as a result of this Chapter.</p></content></subsection><subsection eId="d28e6078"><num>(2)</num><intro><p>The officer may at any time disclose to the person such information as the officer considers appropriate (whether or not such a disclosure would otherwise be permitted under section 18(2)(a) of CRCA 2005 or any other enactment) for the purposes of informing the person about that liability (“the joint liability”) including—</p></intro><level class="para1"><num>(a)</num><content><p>the identity of any person who is an umbrella company, a purported umbrella company or the worker in relation to the arrangements to which the joint liability relates, and</p></content></level><level class="para1"><num>(b)</num><content><p>information about the nature and extent of the liability of an umbrella company or a purported umbrella company that (by virtue of this Chapter) results, or may result, in the joint liability.</p></content></level></subsection><subsection eId="d28e6096"><num>(3)</num><content><p>Information disclosed in reliance on subsection <ref href="#d28e6078">(2)</ref> may not be further disclosed without the consent of the Commissioners for His Majesty’s Revenue and Customs (which may be general or specific).</p></content></subsection><subsection><num>(4)</num><intro><p>Where a person contravenes subsection <ref href="#d28e6096">(3)</ref> by disclosing information relating to a person whose identity—</p></intro><level class="para1"><num>(a)</num><content><p>is specified in the disclosure, or</p></content></level><level class="para1"><num>(b)</num><content><p>can be deduced from it,</p></content></level><wrapUp><p>section 19 of CRCA 2005 (offence of wrongful disclosure) applies in relation to the disclosure as it applies in relation to a disclosure in contravention of section 20(9) of that Act.</p></wrapUp></subsection><subsection><num>(5)</num><content><p>In this section “<term refersTo="#term-crca-2005">CRCA 2005</term>” means the Commissioners for Revenue and Customs Act 2005.</p></content></subsection></section></chapter></quotedStructure></mod></p></content></subsection><subsection eId="section-24-3"><num>(3)</num><intro><p>In section 7 (meaning of employment income etc), in subsection (5)(a)—</p></intro><level class="para1" eId="section-24-3-a"><num>(a)</num><content><p><mod>for “10” substitute <quotedText>“11”</quotedText>, and</mod></p></content></level><level class="para1" eId="section-24-3-b"><num>(b)</num><content><p>omit “and”, and</p></content></level><level class="para1" eId="section-24-3-c"><num>(c)</num><content><p><mod>after “companies” insert <quotedText>“and purported umbrella companies”</quotedText>.</mod></p></content></level></subsection><subsection eId="section-24-4"><num>(4)</num><intro><p>In <ref eId="c00019" href="https://www.legislation.gov.uk/ukpga/2003/1/section/44">section 44</ref> (treatment of workers supplied by agencies)—</p></intro><level class="para1" eId="section-24-4-a"><num>(a)</num><content><p>in <ref eId="c00020" href="https://www.legislation.gov.uk/ukpga/2003/1/section/44">subsection (4)</ref>, omit <ref eId="c00021" href="https://www.legislation.gov.uk/ukpga/2003/1/section/44">paragraph (b)</ref> (and the “or” before it),</p></content></level><level class="para1" eId="section-24-4-b"><num>(b)</num><content><p>in <ref eId="c00022" href="https://www.legislation.gov.uk/ukpga/2003/1/section/44">subsection (5)</ref><ref eId="c00023" href="https://www.legislation.gov.uk/ukpga/2003/1/section/44">(b)</ref>, omit “or (as the case may be) with the relevant person”, and</p></content></level><level class="para1" eId="section-24-4-c"><num>(c)</num><content><p>omit <ref eId="c00024" href="https://www.legislation.gov.uk/ukpga/2003/1/section/44">subsection (6)</ref>.</p></content></level></subsection><subsection eId="section-24-5"><num>(5)</num><content><p><mod>In <ref eId="c00025" href="https://www.legislation.gov.uk/ukpga/2003/1/section/61V">section 61V</ref> (consequences of providing fraudulent information), after <ref eId="c00026" href="https://www.legislation.gov.uk/ukpga/2003/1/section/61V">subsection (4)</ref> insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><subsection><num>(4A)</num><content><p>But where the fraudulent documentation condition would (ignoring this subsection) be met as a result of the provision of a fraudulent document intended to constitute evidence that <ref href="#d28e5308">section 61Y</ref> (umbrella companies) applies in relation to the services provided by the worker, that condition is to be treated as not met.</p></content></subsection></quotedStructure></mod></p></content></subsection><subsection eId="section-24-6"><num>(6)</num><content><p><mod>In <ref eId="c00027" href="https://www.legislation.gov.uk/ukpga/2003/1/section/684">section 684</ref><ref eId="c00028" href="https://www.legislation.gov.uk/ukpga/2003/1/section/684">(2)</ref> (PAYE regulations), in the list of provisions, after item 7 insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><blockList class="ordered arabic period" ukl:Name="OrderedList" ukl:Type="arabic" ukl:Decoration="period"><item><num>7ZA.</num><p>Provision in connection with the recovery of amounts to which a person is jointly and severally liable as a result of <ref href="#d28e5300">Chapter 11</ref> of Part 2 (umbrella companies).</p></item></blockList></quotedStructure></mod></p></content></subsection><subsection eId="section-24-7"><num>(7)</num><content><p><mod>In section 689(4) (employee of non-UK employer), after “sections” insert <quotedText>“<ref href="#d28e5672">61Z1</ref><ref href="#d28e5854">(5)</ref><ref href="#d28e5872">(c)</ref><ref href="#d28e5878">(i)</ref>,”</quotedText>.</mod></p></content></subsection><subsection eId="section-24-8"><num>(8)</num><intro><p>In <ref eId="c00029" href="https://www.legislation.gov.uk/ukpga/2003/1/section/716B">section 716B</ref> (employment intermediaries to keep, preserve and provide information etc)—</p></intro><level class="para1" eId="section-24-8-a"><num>(a)</num><intro><p>in <ref eId="c00030" href="https://www.legislation.gov.uk/ukpga/2003/1/section/716B">subsection (1)</ref>—</p></intro><level class="para2" eId="section-24-8-a-i"><num>(i)</num><content><p>omit “of Part 2”, and</p></content></level><level class="para2" eId="section-24-8-a-ii"><num>(ii)</num><content><p><mod>after “agencies)” insert <quotedText>“or <ref href="#d28e5300">11</ref> (umbrella companies) of Part 2”</quotedText>, and</mod></p></content></level></level><level class="para1" eId="section-24-8-b"><num>(b)</num><intro><p>in subsection (2), in the words before paragraph (a)—</p></intro><level class="para2" eId="section-24-8-b-i"><num>(i)</num><content><p><mod>after “person” insert <quotedText>“(other than an individual mentioned in paragraph (a) or (b))”</quotedText>, and</mod></p></content></level><level class="para2" eId="section-24-8-b-ii"><num>(ii)</num><content><p><mod>after “makes” insert <quotedText>“or participates in”</quotedText>.</mod></p></content></level></level></subsection><subsection eId="section-24-9"><num>(9)</num><intro><p>In regulation 69 of the <ref eId="c00031" href="https://www.legislation.gov.uk/uksi/2003/2682/contents">Income Tax (Pay As You Earn) Regulations 2003</ref>, in paragraph (1A)—</p></intro><level class="para1" eId="section-24-9-a"><num>(a)</num><content><p>the words from “any amount” to the end become sub-paragraph (a),</p></content></level><level class="para1" eId="section-24-9-b"><num>(b)</num><content><p>in that sub-paragraph, omit the words from “whether” to the end, and</p></content></level><level class="para1" eId="section-24-9-c"><num>(c)</num><content><p><mod>after that sub-paragraph insert <quotedText startQuote="“">, and</quotedText><quotedStructure endQuote="”" uk:context="body" uk:docName="uksi" ukl:TargetClass="secondary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="default"><level class="para1"><num>(b)</num><content><p>any amount the employer must account for under regulation 62(5) (notional payments) in respect of notional payments made by the employer during the tax period,</p></content></level><p>whether or not those amounts were included in any return under regulation 67B (real time returns of information about relevant payments) or 67D (exceptions to regulation 67B).</p></quotedStructure></mod></p></content></level></subsection><subsection eId="section-24-10"><num>(10)</num><content><p><mod>In <ref eId="c00032" href="https://www.legislation.gov.uk/uksi/2003/2682/regulation/80">regulation 80</ref> of those Regulations (determination of unpaid tax and appeal against determination), after <ref eId="c00033" href="https://www.legislation.gov.uk/uksi/2003/2682/regulation/80">paragraph (5)</ref> insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="uksi" ukl:TargetClass="secondary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><paragraph><num>(5A)</num><intro><p>Where a person is jointly and severally liable to pay an amount as a result of Chapter 11 of Part 2 of ITEPA 2003 (umbrella companies)—</p></intro><level class="para1"><num>(a)</num><content><p>this regulation applies to that amount as it applies to an amount of tax payable by an employer (and the references to “the employer” in paragraphs (2) and (5)(b) are to be read accordingly),</p></content></level><level class="para1"><num>(b)</num><intro><p>in cases that operate by reference to a determination made, or that may be made, under this regulation in relation to the person, the references to “the employer” in the following provisions are to be treated as references to the person—</p></intro><level class="para2"><num>(i)</num><content><p>regulation 81(4) (employee liability if tax unpaid after regulation 80 determination), and</p></content></level><level class="para2"><num>(ii)</num><content><p>regulation 97P(1) (persons from whom security for PAYE can be required), and</p></content></level></level><level class="para1"><num>(c)</num><content><p>the references to “the employer” in regulation 72E(6) and regulation 72F (recovery from employee of tax that has been self-assessed etc.) are to be treated as references to the person for the purposes of making a direction under section 72F in relation to the person.</p></content></level></paragraph></quotedStructure></mod></p></content></subsection><subsection eId="section-24-11"><num>(11)</num><content><p>The amendments made by this section have effect in relation to payments made on or after 6 April 2026.</p></content></subsection></section><section eId="section-25"><num>25</num><heading>Loan charge settlement scheme</heading><subsection eId="section-25-1"><num>(1)</num><content><p>The Treasury must by regulations provide for a scheme under which persons who are liable to pay loan charge amounts may enter into an agreement (“a settlement agreement”) with the Commissioners as regards those amounts.</p></content></subsection><subsection eId="section-25-2"><num>(2)</num><intro><p>The scheme must provide that the Commissioners must, in accordance with the scheme, make an offer to enter into a settlement agreement (“a settlement offer”) to every person who—</p></intro><level class="para1" eId="section-25-2-a"><num>(a)</num><content><p>they believe is liable to pay loan charge amounts, and</p></content></level><level class="para1" eId="section-25-2-b"><num>(b)</num><intro><p>is not a person who the Commissioners reasonably suspect is, or has at any time been—</p></intro><level class="para2" eId="section-25-2-b-i"><num>(i)</num><content><p>a promoter or introducer for the purposes of <ref eId="c00034" href="https://www.legislation.gov.uk/ukpga/2004/12/part/7">Part 7</ref> of <ref eId="c00035" href="https://www.legislation.gov.uk/ukpga/2004/12/contents">FA 2004</ref> (disclosure of tax avoidance schemes), or</p></content></level><level class="para2" eId="section-25-2-b-ii"><num>(ii)</num><content><p>a director or shadow director of such a person.</p></content></level></level></subsection><subsection eId="section-25-3"><num>(3)</num><intro><p>The scheme must provide that a settlement offer made to a person (P) must—</p></intro><level class="para1" eId="section-25-3-a"><num>(a)</num><intro><p>set out the terms of the proposed settlement agreement, including—</p></intro><level class="para2" eId="section-25-3-a-i"><num>(i)</num><content><p>the loan charge amounts to which it would apply (“relevant loan charge amounts”), and</p></content></level><level class="para2" eId="section-25-3-a-ii"><num>(ii)</num><content><p>the amount P would instead be required to pay under it (“settlement amount”), and</p></content></level></level><level class="para1" eId="section-25-3-b"><num>(b)</num><content><p>remain open to P for such reasonable period as may be specified by the scheme.</p></content></level></subsection><subsection eId="section-25-4"><num>(4)</num><content><p>The scheme must provide that the relevant loan charge amounts must not include loan charge amounts which are the subject of, or under, a contract settlement entered into before 1 June 2021.</p></content></subsection><subsection eId="section-25-5"><num>(5)</num><intro><p>The scheme must provide that if P enters into the proposed settlement agreement with the Commissioners—</p></intro><level class="para1" eId="section-25-5-a"><num>(a)</num><content><p>every relevant loan charge amount ceases to be, or will no longer become, payable by P, but</p></content></level><level class="para1" eId="section-25-5-b"><num>(b)</num><content><p>P is instead liable to pay the settlement amount.</p></content></level></subsection><subsection eId="section-25-6"><num>(6)</num><intro><p>The scheme must provide for the calculation of P’s settlement amount and must secure—</p></intro><level class="para1" eId="section-25-6-a"><num>(a)</num><intro><p>that amounts are arrived at by—</p></intro><level class="para2" eId="section-25-6-a-i"><num>(i)</num><content><p>determining the value of the Schedule 11 or 12 to F(No. 2)A 2017 loans and quasi-loans to which the relevant loan charge amounts are connected,</p></content></level><level class="para2" eId="section-25-6-a-ii"><num>(ii)</num><content><p>determining the other amounts paid to P under the arrangements under which those loans or quasi-loans were made,</p></content></level><level class="para2" eId="section-25-6-a-iii"><num>(iii)</num><content><p>determining the amounts charged to P (as deductions, fees or otherwise) under those arrangements,</p></content></level><level class="para2" eId="section-25-6-a-iv"><num>(iv)</num><content><p>attributing the amounts determined as mentioned in <span><ref href="#section-25-6-a-i">sub-paragraphs (i)</ref> to <ref href="#section-25-6-a-iii">(iii)</ref></span> to tax years in accordance with the scheme and assuming that income tax and national insurance contributions were payable as regards those tax years in relation to those amounts, and</p></content></level><level class="para2" eId="section-25-6-a-v"><num>(v)</num><content><p>on that assumption, determining the total amount for each of those tax years of the additional income tax and national insurance contributions which would have been payable by P as regards the tax year (“starting amount”),</p></content></level></level><level class="para1" eId="section-25-6-b"><num>(b)</num><intro><p>that the starting amount for each tax year is lowered (but not below nil) by the amount that results from adding together—</p></intro><level class="para2" eId="section-25-6-b-i"><num>(i)</num><content><p>the amount of reduction given by reducing by 10% the first £50,000 of the total amount attributed to the tax year under <ref href="#section-25-6-a">paragraph (a)</ref><ref href="#section-25-6-a-iv">(iv)</ref>, and</p></content></level><level class="para2" eId="section-25-6-b-ii"><num>(ii)</num><content><p>the amount of reduction given by reducing by 5% the next £100,000 of that total,</p></content></level></level><level class="para1" eId="section-25-6-c"><num>(c)</num><content><p>that the amounts produced by this are added together and the resulting amount is lowered by £5,000 (but not below nil),</p></content></level><level class="para1" eId="section-25-6-d"><num>(d)</num><content><p>that this lowered amount is the settlement amount, unless it is more than £70,000 lower than P’s loan charge gross liability, and</p></content></level><level class="para1" eId="section-25-6-e"><num>(e)</num><content><p>that, if that lowered amount is more than £70,000 lower than P’s loan charge gross liability, the settlement amount is instead P’s loan charge gross liability minus £70,000.</p></content></level></subsection><subsection eId="section-25-7"><num>(7)</num><intro><p>In <ref href="#section-25">this section</ref>—</p></intro><hcontainer name="definition"><intro><p>“<term refersTo="#term-loan-charge-amount" eId="term-loan-charge-amount">loan charge amount</term>” means an amount which—</p></intro><level class="para1"><num>(a)</num><content><p>arises in connection with a Schedule 11 or 12 to F(No. 2)A 2017 loan or quasi-loan,</p></content></level><level class="para1"><num>(b)</num><content><p>is not an amount of inheritance tax,</p></content></level><level class="para1"><num>(c)</num><content><p>is payable, or becomes payable in the future, to the Commissioners under or by virtue of any enactment or under a contract settlement, and</p></content></level><level class="para1"><num>(d)</num><content><p>has not yet been paid;</p></content></level></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-loan-charge-gross-liability" eId="term-loan-charge-gross-liability">loan charge gross liability</term>”, in relation to a person, means the total of the loan charge amounts the person was liable to pay before any payment of those amounts.</p></content></hcontainer></subsection><subsection eId="section-25-8"><num>(8)</num><intro><p>A reference in <ref href="#section-25">this section</ref> to a Schedule 11 or 12 to F(No. 2)A 2017 loan or quasi-loan is to—</p></intro><level class="para1" eId="section-25-8-a"><num>(a)</num><content><p>a loan or quasi-loan (within the meaning of paragraph 2 of Schedule 11 to F(No. 2)A 2017) by reason of which a person is treated, under paragraph 1 of Schedule 11 to F(No. 2)A 2017, as taking a relevant step for the purposes of <ref eId="c00036" href="https://www.legislation.gov.uk/ukpga/2003/1/part/7A">Part 7A</ref> of <ref eId="c00037" href="https://www.legislation.gov.uk/ukpga/2003/1/contents">ITEPA 2003</ref>, or</p></content></level><level class="para1" eId="section-25-8-b"><num>(b)</num><content><p>a loan or quasi-loan (within the meaning of <ref href="#schedule-12-paragraph-2">paragraph 2</ref> of <ref href="#schedule-12">Schedule 12</ref> to F(No. 2)A 2017) which is treated for the purposes of sections 23A to 23H of ITTOIA 2005 as a relevant benefit by reason of paragraph 1 of Schedule 12 to F(No. 2)A 2017.</p></content></level></subsection><subsection eId="section-25-9"><num>(9)</num><intro><p>In <ref href="#section-25">this section</ref>—</p></intro><hcontainer name="definition"><content><p>“<term refersTo="#term-the-commissioners" eId="term-the-commissioners">the Commissioners</term>” means the Commissioners for His Majesty’s Revenue and Customs;</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-contract-settlement" eId="term-contract-settlement">contract settlement</term>” has the meaning given by section 25 of CRCA 2005;</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-shadow-director" eId="term-shadow-director">shadow director</term>” has the meaning given by section 251 of the Companies Act 2006.</p></content></hcontainer></subsection></section><section eId="section-26"><num>26</num><heading>Loan charge settlement scheme: inheritance tax</heading><subsection eId="section-26-1"><num>(1)</num><intro><p>The scheme may provide that, if a person enters into a settlement agreement, amounts of inheritance tax payable by the person which—</p></intro><level class="para1" eId="section-26-1-a"><num>(a)</num><intro><p>arise as a result of transfers of value and other occasions of charge occurring—</p></intro><level class="para2" eId="section-26-1-a-i"><num>(i)</num><content><p>in connection with a settlement (within the meaning of section 43 of IHTA 1984) used as part of arrangements under which the relevant Schedule 11 or 12 to F(No. 2)A 2017 loans and quasi-loans were made, and</p></content></level><level class="para2" eId="section-26-1-a-ii"><num>(ii)</num><content><p>before the end of 3 months after the date on which the settlement offer, in relation to the settlement agreement, was made to the person, and</p></content></level></level><level class="para1" eId="section-26-1-b"><num>(b)</num><content><p>have not yet been paid,</p></content></level><wrapUp><p>cease to payable by the person.</p></wrapUp></subsection><subsection eId="section-26-2"><num>(2)</num><intro><p>The scheme may provide, if a person enters into a settlement agreement, for adjustments in amounts of inheritance tax payable by other persons which—</p></intro><level class="para1" eId="section-26-2-a"><num>(a)</num><content><p>arise as mentioned in <ref href="#section-26-1">subsection (1)</ref><ref href="#section-26-1-a">(a)</ref>,</p></content></level><level class="para1" eId="section-26-2-b"><num>(b)</num><content><p>are attributable to property used for making the relevant Schedule 11 or 12 to F(No. 2)A 2017 loans and quasi-loans, and</p></content></level><level class="para1" eId="section-26-2-c"><num>(c)</num><content><p>have not yet been paid.</p></content></level></subsection><subsection eId="section-26-3"><num>(3)</num><content><p>The scheme must provide that, if a person enters into a settlement agreement, no relevant Schedule 11 or 12 to F(No. 2)A 2017 loan or quasi-loan is to be treated as a liability for the purposes of section 5(3) of IHTA 1984.</p></content></subsection><subsection eId="section-26-4"><num>(4)</num><content><p>In this section, references to relevant Schedule 11 or 12 to F(No. 2)A 2017 loans and quasi-loans are to the Schedule 11 or 12 to F(No. 2)A 2017 loans and quasi-loans to which the loan charge amounts to which the settlement agreement applies are connected.</p></content></subsection><subsection eId="section-26-5"><num>(5)</num><content><p>Expressions used in this section and section 25 have the same meaning in this section as they have in section 25.</p></content></subsection><subsection eId="section-26-6"><num>(6)</num><content><p>In this section, “<term refersTo="#term-transfer-of-value" eId="term-transfer-of-value">transfer of value</term>” has the same meaning as in IHTA 1984 (see, in particular, section 3 of that Act).</p></content></subsection></section><section eId="section-27"><num>27</num><heading>Loan charge settlement scheme: supplementary</heading><subsection eId="section-27-1"><num>(1)</num><intro><p>The scheme may make provision—</p></intro><level class="para1" eId="section-27-1-a"><num>(a)</num><content><p>about the process of making settlement offers and entering into settlement agreements;</p></content></level><level class="para1" eId="section-27-1-b"><num>(b)</num><content><p>for settlement offers to be conditional upon the persons to whom they are made doing specified things;</p></content></level><level class="para1" eId="section-27-1-c"><num>(c)</num><content><p>about the terms which may, must or may not be included in settlement agreements;</p></content></level><level class="para1" eId="section-27-1-d"><num>(d)</num><intro><p>supplementing—</p></intro><level class="para2" eId="section-27-1-d-i"><num>(i)</num><content><p>provision made under <ref href="#section-25">section 25</ref><ref href="#section-25-6">(6)</ref> about the calculation of settlement amounts, and</p></content></level><level class="para2" eId="section-27-1-d-ii"><num>(ii)</num><content><p>the definitions in <ref href="#section-25">section 25</ref><ref href="#section-25-7">(7)</ref> of “loan charge amount” and “loan charge gross liability”;</p></content></level></level><level class="para1" eId="section-27-1-e"><num>(e)</num><content><p>adapting provision made under <ref href="#section-25">section 25</ref><ref href="#section-25-6">(6)</ref>, in cases where a settlement offer is made to a person who is not an individual, about the calculation of settlement amounts (including provision for the calculation to be different to what is required by <ref href="#section-25">section 25</ref><ref href="#section-25-6">(6)</ref>);</p></content></level><level class="para1" eId="section-27-1-f"><num>(f)</num><content><p>for the use of estimates in relation to any amount;</p></content></level><level class="para1" eId="section-27-1-g"><num>(g)</num><content><p>about liabilities which are incidental to, or otherwise connected with, loan charge amounts;</p></content></level><level class="para1" eId="section-27-1-h"><num>(h)</num><content><p>for amounts paid by a person towards the person’s loan charge gross liability to be credited against a liability of the person to pay a settlement amount (but to no greater extent than discharging that liability);</p></content></level><level class="para1" eId="section-27-1-i"><num>(i)</num><content><p>for anything else the Treasury consider appropriate for the purpose of the scheme.</p></content></level></subsection><subsection eId="section-27-2"><num>(2)</num><intro><p>The things specified under <ref href="#section-27-1">subsection (1)</ref><ref href="#section-27-1-b">(b)</ref> may include, for example, a person to whom a settlement offer is made entering into a contract settlement in relation to amounts specified in the settlement offer which—</p></intro><level class="para1" eId="section-27-2-a"><num>(a)</num><content><p>are not loan charge amounts,</p></content></level><level class="para1" eId="section-27-2-b"><num>(b)</num><content><p>are payable, or become payable in the future, to the Commissioners by the person under or by virtue of any enactment, and</p></content></level><level class="para1" eId="section-27-2-c"><num>(c)</num><content><p>have not yet been paid.</p></content></level></subsection><subsection eId="section-27-3"><num>(3)</num><content><p>The provision which may be made under <ref href="#section-27-1">subsection (1)</ref><ref href="#section-27-1-d">(d)</ref><ref href="#section-27-1-d-ii">(ii)</ref> includes provision setting out the descriptions of amounts which arise in connection with a Schedule 11 or 12 to F(No. 2)A 2017 loan or quasi-loan.</p></content></subsection><subsection eId="section-27-4"><num>(4)</num><intro><p>The provision which may be made under <ref href="#section-27-1">subsection (1)</ref><ref href="#section-27-1-g">(g)</ref> includes provision—</p></intro><level class="para1" eId="section-27-4-a"><num>(a)</num><content><p>treating penalties, or other amounts which are not loan charge amounts but are connected with them, as never having arisen or ceasing to be payable, and</p></content></level><level class="para1" eId="section-27-4-b"><num>(b)</num><content><p>crediting amounts paid towards such liabilities against other liabilities to pay a settlement or other amount to the Commissioners or for the Commissioners to repay those paid amounts.</p></content></level></subsection><subsection eId="section-27-5"><num>(5)</num><intro><p>The scheme may make—</p></intro><level class="para1" eId="section-27-5-a"><num>(a)</num><content><p>different provision for different purposes or cases;</p></content></level><level class="para1" eId="section-27-5-b"><num>(b)</num><content><p>provision generally or for specified cases;</p></content></level><level class="para1" eId="section-27-5-c"><num>(c)</num><content><p>provision subject to exceptions;</p></content></level><level class="para1" eId="section-27-5-d"><num>(d)</num><content><p>incidental, supplementary, consequential or transitional provision.</p></content></level></subsection><subsection eId="section-27-6"><num>(6)</num><content><p>Regulations providing for the scheme are to be made by statutory instrument and are subject to annulment in pursuance of a resolution of the House of Commons.</p></content></subsection><subsection eId="section-27-7"><num>(7)</num><content><p>A settlement agreement is a contract settlement for the purposes of <ref eId="c00038" href="https://www.legislation.gov.uk/ukpga/2005/11/section/25">sections 25</ref> and <ref eId="c00039" href="https://www.legislation.gov.uk/ukpga/2005/11/section/25A">25A</ref> of CRCA 2005.</p></content></subsection><subsection eId="section-27-8"><num>(8)</num><content><p>Expressions used in this section and section 25 or 26 have the same meaning in this section as they have in section 25 or 26.</p></content></subsection></section></hcontainer><hcontainer name="crossheading" ukl:Name="Pblock" eId="part-1-crossheading-capital-allowances-and-other-reliefs-for-businesses"><heading>Capital allowances and other reliefs for businesses</heading><section eId="section-28"><num>28</num><heading>Main rate of writing-down allowances for expenditure on plant or machinery</heading><subsection eId="section-28-1"><num>(1)</num><content><p><mod>In section 56 of CAA 2001 (amount of plant and machinery allowances), in subsection (1) (which specifies the main rate of writing-down allowances), for “18%” substitute <quotedText>“14%”</quotedText>.</mod></p></content></subsection><subsection eId="section-28-2"><num>(2)</num><intro><p>The amendment made by subsection (1) has effect in relation to chargeable periods beginning on or after the relevant day, that is to say—</p></intro><level class="para1" eId="section-28-2-a"><num>(a)</num><content><p>for corporation tax purposes, 1 April 2026, and</p></content></level><level class="para1" eId="section-28-2-b"><num>(b)</num><content><p>for income tax purposes, 6 April 2026.</p></content></level></subsection><subsection eId="section-28-3"><num>(3)</num><content><p>The amendment made by subsection (1) also has effect in relation to chargeable periods beginning before and ending on or after the relevant day but as if the reference to 14% were a reference instead to X%.</p></content></subsection><subsection eId="section-28-4"><num>(4)</num><content><p>For this purpose X is found by adding (18 x BRD/CP) to (14 x ARD/CP).</p></content></subsection><subsection eId="section-28-5"><num>(5)</num><content><p>Where X would be a figure with more than 2 decimal places, it is to be rounded up to the nearest second decimal place.</p></content></subsection><subsection eId="section-28-6"><num>(6)</num><intro><p>In subsection <ref href="#section-28-4">(4)</ref>—</p></intro><hcontainer name="definition"><content><p>“<term refersTo="#term-brd" eId="term-brd">BRD</term>” means the number of days in the chargeable period before the relevant day,</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-ard" eId="term-ard">ARD</term>” means the number of days in the chargeable period on and after the relevant day, and</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-cp" eId="term-cp">CP</term>” means the number of days in the chargeable period.</p></content></hcontainer></subsection></section><section eId="section-29"><num>29</num><heading>First-year allowance for main rate expenditure on plant or machinery</heading><subsection eId="section-29-1"><num>(1)</num><content><p>Part 2 of CAA 2001 (plant and machinery allowances) is amended as follows.</p></content></subsection><subsection eId="section-29-2"><num>(2)</num><content><p><mod>In section 39 (first-year allowances available for certain types of qualifying expenditure only), after the entry relating to section 45S insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><tblock class="table" ukl:Orientation="portrait"><foreign><default:table xmlns="http://www.w3.org/1999/xhtml"><default:colgroup><default:col span="1" style="width:20%"/><default:col span="1" style="width:80%"/></default:colgroup><default:tbody><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">section 45U</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">expenditure on plant or machinery in cases not falling within section 45S etc</p></default:td></default:tr></default:tbody></default:table></foreign></tblock></quotedStructure><inline name="appendText">.</inline></mod></p></content></subsection><subsection eId="section-29-3"><num>(3)</num><content><p><mod>After section 45T insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><section><num>45U</num><heading>Expenditure on plant or machinery in cases not falling with section 45S etc</heading><intro><p>Expenditure is first-year qualifying expenditure if—</p></intro><level class="para1"><num>(a)</num><content><p>it is incurred on or after 1 January 2026,</p></content></level><level class="para1"><num>(b)</num><content><p>it is not special rate expenditure,</p></content></level><level class="para1"><num>(c)</num><content><p>it is expenditure on plant or machinery which is unused and not second-hand, and</p></content></level><level class="para1"><num>(d)</num><content><p>it is not excluded by section 45V (exclusion of expenditure under disqualifying arrangements) or 46 (general exclusions).</p></content></level></section><section><num>45V</num><heading>Exclusion of expenditure incurred under disqualifying arrangements</heading><subsection><num>(1)</num><content><p>Expenditure is not first-year qualifying expenditure under section 45U if the expenditure is incurred directly or indirectly in consequence of, or otherwise in connection with, disqualifying arrangements.</p></content></subsection><subsection><num>(2)</num><intro><p>Arrangements are “<term refersTo="#term-disqualifying-arrangements">disqualifying arrangements</term>” for the purposes of this section if—</p></intro><level class="para1"><num>(a)</num><content><p>the main purpose, or one of the main purposes, of the arrangements is to secure a tax advantage connected with expenditure being first-year qualifying expenditure under section 45U, and</p></content></level><level class="para1"><num>(b)</num><intro><p>it is reasonable, taking account of all the relevant circumstances—</p></intro><level class="para2"><num>(i)</num><content><p>to conclude that the arrangements are, or include steps that are, contrived, abnormal or lacking a genuine commercial purpose, or</p></content></level><level class="para2"><num>(ii)</num><content><p>to regard the arrangements as circumventing the intended limits of relief under this Act or otherwise exploiting shortcomings in this Act.</p></content></level></level></subsection><subsection><num>(3)</num><content><p>In this section “arrangements” include any agreement, understanding, scheme, transaction or series of transactions (whether or not legally enforceable).</p></content></subsection></section></quotedStructure></mod></p></content></subsection><subsection eId="section-29-4"><num>(4)</num><intro><p>In section 46 (general exclusions)—</p></intro><level class="para1" eId="section-29-4-a"><num>(a)</num><content><p><mod>in subsection (1), after the entry relating to section 45S insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><tblock class="table" ukl:Orientation="portrait"><foreign><default:table xmlns="http://www.w3.org/1999/xhtml"><default:colgroup><default:col span="1" style="width:20%"/><default:col span="1" style="width:80%"/></default:colgroup><default:tbody><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">section 45U</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">(expenditure on plant or machinery in cases not falling within section 45S etc)</p></default:td></default:tr></default:tbody></default:table></foreign></tblock></quotedStructure><inline name="appendText">, and</inline></mod></p></content></level><level class="para1" eId="section-29-4-b"><num>(b)</num><content><p><mod>after subsection (4A) insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><subsection><num>(4B)</num><intro><p>General exclusion 6 does not prevent expenditure being first-year qualifying expenditure under section 45U if—</p></intro><level class="para1"><num>(a)</num><content><p>the plant or machinery is provided for leasing to a lessee for use by the lessee wholly, or almost wholly, for the purpose of earning income which is within the charge to tax, or</p></content></level><level class="para1"><num>(b)</num><content><p>the plant or machinery is provided for leasing to a lessee who is resident in the United Kingdom where the circumstances are such that the plant or machinery is not for use (to a significant extent) by the lessee for the purpose of earning income which is from a source outside the United Kingdom and which is outside the charge to tax.</p></content></level></subsection><subsection><num>(4C)</num><intro><p>For the purposes of subsection (4B) income is to be regarded as being outside the charge to tax if the income arises to a person who under—</p></intro><level class="para1"><num>(a)</num><content><p>double taxation arrangements, or</p></content></level><level class="para1"><num>(b)</num><content><p>unilateral relief arrangements,</p></content></level><wrapUp><p>is afforded or is entitled to claim any relief from the tax chargeable on the income.</p></wrapUp></subsection><subsection><num>(4D)</num><content><p>For this purpose “<term refersTo="#term-double-taxation-arrangements">double taxation arrangements</term>” and “<term refersTo="#term-unilateral-relief-arrangements">unilateral relief arrangements</term>” have the same meaning as they have in Part 2 of the Taxation (International and Other Provisions) Act 2010 (see sections 2(4) and 8(1) respectively).</p></content></subsection><subsection><num>(4E)</num><content><p>For the purposes of subsection (4B) it is to be presumed that, unless the contrary is shown, a lessee has made every claim or election for relief from tax, and every claim or election for an exemption from tax, which the lessee is entitled to make.</p></content></subsection><subsection><num>(4F)</num><content><p>For the purposes of subsection (4B), if there is more than one lessee, references to the lessee are to each of the lessees.</p></content></subsection><subsection><num>(4G)</num><content><p>For the purposes of subsections (4B) to (4F), any reference to leasing or a lessee includes sub-leasing and a sub-lessee.</p></content></subsection></quotedStructure></mod></p></content></level></subsection><subsection eId="section-29-5"><num>(5)</num><content><p><mod>In section 52 (first-year allowances), in subsection (3), in the table, at the end insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><tblock class="table" ukl:Orientation="portrait"><foreign><default:table xmlns="http://www.w3.org/1999/xhtml"><default:colgroup><default:col style="width:75%"/><default:col style="width:25%"/></default:colgroup><default:tbody><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Expenditure qualifying under section 45U (expenditure on plant or machinery in cases not falling within section 45S etc)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">40%</p></default:td></default:tr></default:tbody></default:table></foreign></tblock></quotedStructure><inline name="appendText">.</inline></mod></p></content></subsection></section><section eId="section-30"><num>30</num><heading>Expenditure on zero-emission cars and electric vehicle charging points</heading><intro><p>In—</p></intro><level class="para1" eId="section-30-a"><num>(a)</num><content><p>section 45D of CAA 2001 (expenditure on zero-emission cars), in subsection (1B)(a) and (b) (which specify the date on or before which expenditure must be incurred to qualify for a first-year allowance), and</p></content></level><level class="para1" eId="section-30-b"><num>(b)</num><content><p>section 45EA of that Act (expenditure on plant or machinery for electric vehicle charging point), in subsection (3)(a) and (b) (which specify the date on or before which expenditure must be incurred to qualify for a first-year allowance),</p></content></level><wrapUp><p><mod>for “2026” substitute <quotedText>“2027”</quotedText>.</mod></p></wrapUp></section><section eId="section-31"><num>31</num><heading>Payments for surrender of expenditure credits</heading><subsection eId="section-31-1"><num>(1)</num><content><p><mod>In <ref eId="c00040" href="https://www.legislation.gov.uk/ukpga/2009/4/section/1042N">section 1042N</ref> of <ref eId="c00041" href="https://www.legislation.gov.uk/ukpga/2009/4/contents">CTA 2009</ref> (amounts surrendered to other group companies), after <ref eId="c00042" href="https://www.legislation.gov.uk/ukpga/2009/4/section/1042N">subsection (4)</ref> insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><subsection><num>(5)</num><intro><p>Subsection <ref href="#d28e7489">(6)</ref> applies (in addition to subsection (3)) if—</p></intro><level class="para1"><num>(a)</num><content><p>the qualifying company and the other group member have an agreement between them in relation to the surrendering of amounts of expenditure credit, and</p></content></level><level class="para1"><num>(b)</num><content><p>as a result of the agreement the other group member makes a payment to the qualifying company that does not exceed the total amount of expenditure credit surrendered to the other group member.</p></content></level></subsection><subsection><num>(6)</num><intro><p>The payment is not to be—</p></intro><level class="para1"><num>(a)</num><content><p>taken into account in determining, for corporation tax purposes, the profits of the qualifying company or the other group member, or</p></content></level><level class="para1"><num>(b)</num><content><p>regarded for corporation tax purposes as a distribution.</p></content></level></subsection></quotedStructure></mod></p></content></subsection><subsection eId="section-31-2"><num>(2)</num><content><p><mod>In <ref eId="c00043" href="https://www.legislation.gov.uk/ukpga/2009/4/section/1179CE">section 1179CE</ref> of <ref eId="c00044" href="https://www.legislation.gov.uk/ukpga/2009/4/contents">CTA 2009</ref> (amounts surrendered to other group companies), after <ref eId="c00045" href="https://www.legislation.gov.uk/ukpga/2009/4/section/1179CE">subsection (4)</ref> insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><subsection><num>(5)</num><intro><p>Subsection <ref href="#d28e7489">(6)</ref> applies (in addition to subsection (3)) if—</p></intro><level class="para1"><num>(a)</num><content><p>the qualifying company and the other group member have an agreement between them in relation to the surrendering of amounts of expenditure credit, and</p></content></level><level class="para1"><num>(b)</num><content><p>as a result of the agreement the other group member makes a payment to the qualifying company that does not exceed the total amount of expenditure credit surrendered to the other group member.</p></content></level></subsection><subsection eId="d28e7489"><num>(6)</num><intro><p>The payment is not to be—</p></intro><level class="para1"><num>(a)</num><content><p>taken into account in determining, for corporation tax purposes, the profits of the qualifying company or the other group member, or</p></content></level><level class="para1"><num>(b)</num><content><p>regarded for corporation tax purposes as a distribution.</p></content></level></subsection></quotedStructure></mod></p></content></subsection><subsection eId="section-31-3"><num>(3)</num><content><p>The amendments made by <ref href="#section-31">this section</ref> have effect in relation to payments made on or after 26 November 2025.</p></content></subsection></section><section eId="section-32"><num>32</num><heading>Transition from video games tax relief</heading><subsection eId="section-32-1"><num>(1)</num><content><p><ref eId="c00046" href="https://www.legislation.gov.uk/ukpga/2024/3/schedule/2">Schedule 2</ref> to <ref eId="c00047" href="https://www.legislation.gov.uk/ukpga/2024/3/contents">FA 2024</ref> (expenditure credits for films, television programmes and video games) is amended as follows.</p></content></subsection><subsection eId="section-32-2"><num>(2)</num><content><p><mod>After <ref eId="c00048" href="https://www.legislation.gov.uk/ukpga/2024/3/schedule/2/paragraph/24">paragraph 24</ref> insert—<quotedStructure startQuote="“" endQuote="”" uk:context="schedule" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="schedule" ukl:Format="double"><hcontainer name="crossheading" class="schGroup7"><heading>Calculation of expenditure credit where company previously benefiting from video games tax relief</heading><paragraph eId="d28e7547" class="schProv1"><num>24A</num><subparagraph><num>(1)</num><intro><p>Sub-paragraph <ref href="#d28e7572">(2)</ref> applies if—</p></intro><level class="para1"><num>(a)</num><content><p>a company makes an election under section 1179B(1) of CTA 2009 in relation to a video game in its company tax return for an accounting period, and</p></content></level><level class="para1"><num>(b)</num><content><p>in an earlier accounting period, the company was entitled to, and claimed, special video games relief (within the meaning of section 1217E(1) of CTA 2009) in respect of that video game.</p></content></level></subparagraph><subparagraph eId="d28e7572"><num>(2)</num><content><p><mod>Section 1179CA(1) of CTA 2009 (amount of expenditure credit) has effect as if for Step 2 there were substituted—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><item><p><i>Step 2</i></p><p>Deduct from that total the sum of—</p><blockList class="ordered alpha parens" ukl:Name="OrderedList" ukl:Type="alpha" ukl:Decoration="parens"><item><num>(a)</num><p>so much of that expenditure as was incurred in accounting periods before the opt-in period and that is not European expenditure (within the meaning of section 1217AE), and</p></item><item><num>(b)</num><p>so much of that expenditure as was incurred in the opt-in period or any later accounting period and that is not UK expenditure (see section 1179AB).</p></item></blockList></item></quotedStructure></mod></p></content></subparagraph></paragraph></hcontainer></quotedStructure></mod></p></content></subsection><subsection eId="section-32-3"><num>(3)</num><content><p><mod>In paragraph 18 (opting into new regime during transitional period), in sub-paragraph (5)(b), for “24” substitute <quotedText>“<ref href="#d28e7547">24A</ref>”</quotedText>.</mod></p></content></subsection><subsection eId="section-32-4"><num>(4)</num><content><p>The amendments made by this section have effect in relation to elections made under section 1179B(1) of CTA 2009 in relation to any opt-in period commencing on or after 26 November 2025.</p></content></subsection></section><section eId="section-33"><num>33</num><heading>Special credit for visual effects</heading><subsection eId="section-33-1"><num>(1)</num><content><p><ref eId="c00049" href="https://www.legislation.gov.uk/ukpga/2009/4/section/1179EC">Section 1179EC</ref> of <ref eId="c00050" href="https://www.legislation.gov.uk/ukpga/2009/4/contents">CTA 2009</ref> (special credit for visual effects) is amended as follows.</p></content></subsection><subsection eId="section-33-2"><num>(2)</num><intro><p>In subsection (2)—</p></intro><level class="para1" eId="section-33-2-a"><num>(a)</num><content><p>omit the “and” after paragraph (a),</p></content></level><level class="para1" eId="section-33-2-b"><num>(b)</num><content><p><mod>after that paragraph insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><level class="para1"><num>(aa)</num><content><p>a claim for Chapter 3 credit has been made for the last accounting period in the AVEC period (which may be the claim period) in which the company incurred relevant global expenditure (see section 1179CA(2)) that is UK expenditure (see section 1179AB), and</p></content></level></quotedStructure><inline name="appendText">, and</inline></mod></p></content></level><level class="para1" eId="section-33-2-c"><num>(c)</num><intro><p>in paragraph (b)—</p></intro><level class="para2" eId="section-33-2-c-i"><num>(i)</num><content><p>omit “where a claim has been made for Chapter 3 credit (whether for the claim period or earlier),”, and</p></content></level><level class="para2" eId="section-33-2-c-ii"><num>(ii)</num><content><p><mod>for “such claims” substitute <quotedText>“Chapter 3 credit claims in respect of the film or television programme”</quotedText>.</mod></p></content></level></level></subsection><subsection eId="section-33-3"><num>(3)</num><content><p><mod>In subsection (3)(b) for paragraph (i) substitute—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><level class="para2"><num>(i)</num><content><p>the adjusted VFX portion of Chapter 3 credits claimed in respect of the film or television programme, and</p></content></level></quotedStructure><inline name="appendText">.</inline></mod></p></content></subsection><subsection eId="section-33-4"><num>(4)</num><intro><p>In subsection (4)—</p></intro><level class="para1" eId="section-33-4-a"><num>(a)</num><content><p><mod>in the words before Step 1, for “previously claimed Chapter 3 credits” substitute <quotedText>“Chapter 3 credits claimed in respect of the film or television programme”</quotedText>, and</mod></p></content></level><level class="para1" eId="section-33-4-b"><num>(b)</num><intro><p>in Step 1—</p></intro><level class="para2" eId="section-33-4-b-i"><num>(i)</num><content><p>in the words before paragraph (a) omit “(see section 1179CA(2))”, and</p></content></level><level class="para2" eId="section-33-4-b-ii"><num>(ii)</num><content><p>in that paragraph omit “(see section 1179AB)”.</p></content></level></level></subsection><subsection eId="section-33-5"><num>(5)</num><content><p><mod>After <ref eId="c00051" href="https://www.legislation.gov.uk/ukpga/2009/4/section/1179EC">subsection (6)</ref> insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><subsection eId="d28e7738"><num>(6A)</num><intro><p>Where a production company has claimed an additional amount of audiovisual expenditure credit for an accounting period and makes a claim for Chapter 3 credit for a subsequent accounting period—</p></intro><level class="para1"><num>(a)</num><content><p>the additional amount is to be calculated for that subsequent accounting period, and</p></content></level><level class="para1" eId="d28e7750"><num>(b)</num><content><p>if that additional amount is negative, the amount of Chapter 3 credit to which the company is entitled for that period is to be reduced by the additional amount.</p></content></level></subsection><subsection><num>(6B)</num><intro><p>Where Chapter 3 credit claimed by a company for an accounting period is reduced as a result of subsection <ref href="#d28e7738">(6A)</ref><ref href="#d28e7750">(b)</ref>, for the purposes of the application of subsections (3) and (4) in relation to the company for any subsequent accounting period—</p></intro><level class="para1"><num>(a)</num><content><p>the sum of the additional amounts of audiovisual expenditure credit previously claimed (as referred to in subsection (3)(b)(ii)) is to be reduced by the additional amount referred to in <ref href="#d28e7738">subsection (6A)</ref><ref href="#d28e7750">(b)</ref>, and</p></content></level><level class="para1"><num>(b)</num><content><p>in determining the sum of Chapter 3 credits claimed by the production company for the purposes of Step 4 in subsection (4), ignore the reduction of any Chapter 3 credit resulting from the application of <ref href="#d28e7738">subsection (6A)</ref><ref href="#d28e7750">(b)</ref>.</p></content></level></subsection></quotedStructure></mod></p></content></subsection><subsection eId="section-33-6"><num>(6)</num><content><p>The amendments made by this section have effect in relation to any claim made for Chapter 3 credit, or an additional amount of audiovisual expenditure credit, for accounting periods beginning on or after 26 November 2025.</p></content></subsection></section><section eId="section-34"><num>34</num><heading>R&D undertaken abroad: Chapter 2 relief only</heading><subsection eId="section-34-1"><num>(1)</num><content><p><mod>In section 1138A(1)(b) of CTA 2009, at beginning insert <quotedText>“for the purposes of relief under Chapter 2”</quotedText>.</mod></p></content></subsection><subsection eId="section-34-2"><num>(2)</num><content><p>The amendment made by subsection (1) has effect in relation to claims made on or after 30 October 2024.</p></content></subsection></section></hcontainer><hcontainer name="crossheading" ukl:Name="Pblock" eId="part-1-crossheading-chargeable-gains"><heading>Chargeable gains</heading><section eId="section-35"><num>35</num><heading>Restriction of relief on disposals to employee-ownership trusts</heading><subsection eId="section-35-1"><num>(1)</num><content><p><ref eId="c00052" href="https://www.legislation.gov.uk/ukpga/1992/12/section/236H">Section 236H</ref> of <ref eId="c00053" href="https://www.legislation.gov.uk/ukpga/1992/12/contents">TCGA 1992</ref> (disposals to employee-ownership trusts) is amended as follows.</p></content></subsection><subsection eId="section-35-2"><num>(2)</num><content><p><mod>For <ref eId="c00054" href="https://www.legislation.gov.uk/ukpga/1992/12/section/236H">subsection (2)</ref> substitute—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><subsection><num>(2)</num><intro><p>Where this section applies, section 17(1) (disposals and acquisitions treated as made at market value) does not apply to the disposal and, taking account of that disapplication—</p></intro><level class="para1"><num>(a)</num><content><p>if a gain accrues, subsection <ref href="#d28e7869">(2A)</ref> applies, or</p></content></level><level class="para1"><num>(b)</num><content><p>if no gain accrues, subsection (3) applies.</p></content></level></subsection><subsection eId="d28e7869"><num>(2A)</num><intro><p>Where this subsection applies—</p></intro><level class="para1" eId="d28e7875"><num>(a)</num><content><p>only 50% of the gain is a chargeable gain,</p></content></level><level class="para1"><num>(b)</num><content><p>the disposal is not to be regarded as a qualifying business disposal for the purposes of Chapter 3 of Part 5 (business asset disposal relief),</p></content></level><level class="para1"><num>(c)</num><content><p>the ordinary share capital disposed of is to be regarded, immediately before the disposal, as comprised wholly of excluded shares for the purposes of Chapter 5 of that Part (investors’ relief), and</p></content></level><level class="para1"><num>(d)</num><content><p>the acquisition by the trustees is to be treated for the purposes of this Act as made for the consideration for the disposal less an amount equal to so much of the gain as is not a chargeable gain as a result of paragraph <ref href="#d28e7875">(a)</ref>.</p></content></level></subsection></quotedStructure></mod></p></content></subsection><subsection eId="section-35-3"><num>(3)</num><content><p><mod>In <ref eId="c00055" href="https://www.legislation.gov.uk/ukpga/1992/12/section/236H">subsection (3)</ref>, for “The”, in the first place it occurs, substitute <quotedText>“Where this subsection applies, the”</quotedText>.</mod></p></content></subsection><subsection eId="section-35-4"><num>(4)</num><content><p>The amendments made by this section have effect in relation to disposals made on or after 26 November 2025.</p></content></subsection></section><section eId="section-36"><num>36</num><heading>Anti-avoidance: collective investment scheme reconstructions</heading><subsection eId="section-36-1"><num>(1)</num><content><p>TCGA 1992 is amended as follows.</p></content></subsection><subsection eId="section-36-2"><num>(2)</num><content><p><mod>In section 103G (exchange of units for those in another collective investment scheme), in subsection (4), for “section 103K(1)” to the end of the subsection substitute <quotedText>“section 103K (anti-avoidance)”</quotedText>.</mod></p></content></subsection><subsection eId="section-36-3"><num>(3)</num><content><p><mod>In section 103H (scheme of reconstruction involving issue of units), in subsection (5), for “section 103K(1)” to the end of the subsection substitute <quotedText>“section 103K (anti-avoidance)”</quotedText>.</mod></p></content></subsection><subsection eId="section-36-4"><num>(4)</num><content><p><mod>In section 103I (scheme of reconstruction involving conversion scheme), in subsection (4), for “section 103K(1)” to the end of the subsection substitute <quotedText>“section 103K (anti-avoidance)”</quotedText>.</mod></p></content></subsection><subsection eId="section-36-5"><num>(5)</num><intro><p>In section 103K (restriction on application of sections 103G, 103H and 103I)—</p></intro><level class="para1" eId="section-36-5-a"><num>(a)</num><content><p><mod>at the end of the heading insert <quotedText>“: anti-avoidance”</quotedText>;</mod></p></content></level><level class="para1" eId="section-36-5-b"><num>(b)</num><content><p><mod>for subsection (1) substitute—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><subsection><num>(1)</num><content><p>This section applies in respect of arrangements relating to an exchange or scheme of reconstruction as regards which section 103G, 103H or 103I applies if the main purpose, or one of the main purposes, of the arrangements is to reduce or avoid liability to capital gains tax, corporation tax or income tax.</p></content></subsection><subsection><num>(1A)</num><content><p>Any such reduction or avoidance that would (in the absence of this section) arise from such arrangements is to be counteracted by the making of such adjustments as are just and reasonable (in light of the reduction or avoidance).</p></content></subsection><subsection><num>(1B)</num><content><p>This includes, in an appropriate case, disapplying section 103G, 103H or 103I insofar as is required to counteract the reduction or avoidance.</p></content></subsection><subsection><num>(1C)</num><intro><p>Any adjustments required to be made under this section (whether or not by an officer of Revenue and Customs) may be made by way of—</p></intro><level class="para1"><num>(a)</num><content><p>an assessment, or</p></content></level><level class="para1"><num>(b)</num><content><p>the modification of an assessment.</p></content></level></subsection></quotedStructure><inline name="appendText">;</inline></mod></p></content></level><level class="para1" eId="section-36-5-c"><num>(c)</num><content><p>omit subsections (2) and (3);</p></content></level><level class="para1" eId="section-36-5-d"><num>(d)</num><intro><p>in subsection (4)—</p></intro><level class="para2" eId="section-36-5-d-i"><num>(i)</num><content><p><mod>for “subsection (1) above” substitute <quotedText>“this section”</quotedText>;</mod></p></content></level><level class="para2" eId="section-36-5-d-ii"><num>(ii)</num><content><p><mod>in paragraph (a), after “chargeable participant” insert <quotedText>“as part of the exchange or scheme of reconstruction”</quotedText>;</mod></p></content></level></level><level class="para1" eId="section-36-5-e"><num>(e)</num><content><p><mod>after subsection (6) insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><subsection><num>(7)</num><content><p>In this section, “<term refersTo="#term-arrangements">arrangements</term>” includes any agreement, understanding, scheme, transaction or series of transactions (whether or not legally enforceable).</p></content></subsection></quotedStructure></mod></p></content></level></subsection><subsection eId="section-36-6"><num>(6)</num><content><p>The amendments made by this section have effect in relation to arrangements involving an issue of units in a collective investment scheme on or after 26 November 2025.</p></content></subsection><subsection eId="section-36-7"><num>(7)</num><intro><p>But those amendments do not have effect in a case where—</p></intro><level class="para1" eId="section-36-7-a"><num>(a)</num><content><p>a participant in a collective investment scheme has made an application under section 138(1) of TCGA 1992 (as applied by section 103K(6) of that Act) before 26 November 2025,</p></content></level><level class="para1" eId="section-36-7-b"><num>(b)</num><content><p>the Commissioners for His Majesty’s Revenue and Customs have notified the participant of their satisfaction, or the tribunal has notified the participant of its satisfaction, in relation to the application under <ref eId="c00056" href="https://www.legislation.gov.uk/ukpga/1992/12/section/138">section 138</ref><ref eId="c00057" href="https://www.legislation.gov.uk/ukpga/1992/12/section/138">(1)</ref> or <ref eId="c00058" href="https://www.legislation.gov.uk/ukpga/1992/12/section/138">(4)</ref> of <ref eId="c00059" href="https://www.legislation.gov.uk/ukpga/1992/12/contents">TCGA 1992</ref>, and</p></content></level><level class="para1" eId="section-36-7-c"><num>(c)</num><content><p>the issue of units in a collective investment scheme in respect of which the application was made occurs before 26 January 2026 or, if later, before the end of the period of 60 days beginning with the day on which the notification mentioned in <ref href="#section-36-7-b">paragraph (b)</ref> was made.</p></content></level></subsection></section><section eId="section-37"><num>37</num><heading>Anti-avoidance: company reconstructions</heading><subsection eId="section-37-1"><num>(1)</num><content><p>TCGA 1992 is amended as follows.</p></content></subsection><subsection eId="section-37-2"><num>(2)</num><content><p><mod>In section 135 (exchange of securities for those in another company), in subsection (6), for “section 137(1)” to the end of the subsection substitute <quotedText>“section 137 (anti-avoidance)”</quotedText>.</mod></p></content></subsection><subsection eId="section-37-3"><num>(3)</num><content><p><mod>In section 136 (scheme of reconstruction involving issue of securities), in subsection (6), for “section 137(1)” to the end of the subsection substitute <quotedText>“section 137 (anti-avoidance)”</quotedText>.</mod></p></content></subsection><subsection eId="section-37-4"><num>(4)</num><intro><p>In section 137 (restriction on company reconstruction provisions)—</p></intro><level class="para1" eId="section-37-4-a"><num>(a)</num><content><p><mod>at the end of the heading insert <quotedText>“: anti-avoidance”</quotedText>;</mod></p></content></level><level class="para1" eId="section-37-4-b"><num>(b)</num><content><p><mod>for subsection (1) substitute—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><subsection><num>(1)</num><content><p>This section applies in respect of arrangements relating to an exchange or scheme of reconstruction as regards which section 135 or 136 applies if the main purpose, or one of the main purposes, of the arrangements is to reduce or avoid liability to capital gains tax or corporation tax.</p></content></subsection><subsection><num>(1A)</num><content><p>Any such reduction or avoidance that would (in the absence of this section) arise from such arrangements is to be counteracted by the making of such adjustments as are just and reasonable (in light of the reduction or avoidance).</p></content></subsection><subsection><num>(1B)</num><content><p>This includes, in an appropriate case, disapplying section 135 or 136 insofar as is required to counteract the reduction or avoidance.</p></content></subsection><subsection><num>(1C)</num><intro><p>Any adjustments required to be made under this section (whether or not by an officer of Revenue and Customs) may be made by way of—</p></intro><level class="para1"><num>(a)</num><content><p>an assessment, or</p></content></level><level class="para1"><num>(b)</num><content><p>the modification of an assessment.</p></content></level></subsection></quotedStructure><inline name="appendText">;</inline></mod></p></content></level><level class="para1" eId="section-37-4-c"><num>(c)</num><content><p>omit subsections (2) and (3);</p></content></level><level class="para1" eId="section-37-4-d"><num>(d)</num><intro><p>in subsection (4)—</p></intro><level class="para2" eId="section-37-4-d-i"><num>(i)</num><content><p><mod>for “subsection (1) above” substitute <quotedText>“this section”</quotedText>;</mod></p></content></level><level class="para2" eId="section-37-4-d-ii"><num>(ii)</num><content><p><mod>in paragraph (a), after “chargeable person” insert <quotedText>“as part of the exchange or scheme of reconstruction”</quotedText>;</mod></p></content></level></level><level class="para1" eId="section-37-4-e"><num>(e)</num><content><p><mod>after subsection (6) insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><subsection><num>(7)</num><content><p>In this section, “<term refersTo="#term-arrangements">arrangements</term>” includes any agreement, understanding, scheme, transaction or series of transactions (whether or not legally enforceable).</p></content></subsection></quotedStructure></mod></p></content></level></subsection><subsection eId="section-37-5"><num>(5)</num><intro><p>In section 138 (procedure for clearance in advance)—</p></intro><level class="para1" eId="section-37-5-a"><num>(a)</num><intro><p>in subsection (1)—</p></intro><level class="para2" eId="section-37-5-a-i"><num>(i)</num><content><p><mod>for “shall not affect the operation of section 135 or 136” substitute <quotedText>“does not apply”</quotedText>;</mod></p></content></level><level class="para2" eId="section-37-5-a-ii"><num>(ii)</num><content><p><mod>after “the issue” insert <quotedText>“of shares or debentures mentioned in section 135(1) or 136(1)”</quotedText>;</mod></p></content></level><level class="para2" eId="section-37-5-a-iii"><num>(iii)</num><content><p><mod>for “section 137(1)”, in the first place it appears, substitute <quotedText>“section 135(1) or 136(1)”</quotedText>;</mod></p></content></level><level class="para2" eId="section-37-5-a-iv"><num>(iv)</num><content><p><mod>for “for bona fide” to the end of the subsection substitute <quotedText>“without arrangements in respect of which section 137 applies.”</quotedText>;</mod></p></content></level></level><level class="para1" eId="section-37-5-b"><num>(b)</num><content><p><mod>after subsection (5) insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><subsection><num>(6)</num><content><p>In this section, references to shares or debentures include references to any interests or options to which this Chapter applies by virtue of section 135(5), 136(5) or 147.</p></content></subsection></quotedStructure></mod></p></content></level></subsection><subsection eId="section-37-6"><num>(6)</num><content><p>The amendments made by this section have effect in relation to arrangements involving an issue of shares in, or debentures of, a company on or after 26 November 2025.</p></content></subsection><subsection eId="section-37-7"><num>(7)</num><intro><p>But those do not have effect in a case where—</p></intro><level class="para1" eId="section-37-7-a"><num>(a)</num><content><p>a company has made an application under section 138(1) of TCGA 1992 before 26 November 2025,</p></content></level><level class="para1" eId="section-37-7-b"><num>(b)</num><content><p>the Commissioners for His Majesty’s Revenue and Customs have notified the company of their satisfaction, or the tribunal has notified the company of its satisfaction, in relation to the application under <ref eId="c00060" href="https://www.legislation.gov.uk/ukpga/1992/12/section/138">section 138</ref><ref eId="c00061" href="https://www.legislation.gov.uk/ukpga/1992/12/section/138">(1)</ref> or <ref eId="c00062" href="https://www.legislation.gov.uk/ukpga/1992/12/section/138">(4)</ref> of <ref eId="c00063" href="https://www.legislation.gov.uk/ukpga/1992/12/contents">TCGA 1992</ref>, and</p></content></level><level class="para1" eId="section-37-7-c"><num>(c)</num><content><p>the issue of shares or debentures in respect of which the application was made occurs before 26 January 2026 or, if later, before the end of the period of 60 days beginning with the day on which notification mentioned in <ref href="#section-37-7-b">paragraph (b)</ref> was made.</p></content></level></subsection></section><section eId="section-38"><num>38</num><heading>Anti-avoidance: reconstructions involving transfer of business</heading><subsection eId="section-38-1"><num>(1)</num><intro><p>In section 139 (reconstruction involving transfer of business)—</p></intro><level class="para1" eId="section-38-1-a"><num>(a)</num><content><p><mod>after subsection (4) insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><subsection eId="d28e8372"><num>(4A)</num><content><p>Subsection (4B) applies in respect of arrangements relating to a reconstruction as regards which this section applies if the main purpose, or one of the main purposes, of the arrangements is to reduce or avoid liability to capital gains tax, corporation tax or income tax.</p></content></subsection><subsection eId="d28e8378"><num>(4B)</num><content><p>Any such reduction or avoidance that would (in the absence of this subsection) arise from such arrangements is to be counteracted by the making of such adjustments as are just and reasonable (in light of the reduction or avoidance).</p></content></subsection><subsection><num>(4C)</num><content><p>This includes, in an appropriate case, disapplying this section insofar as is required to counteract the reduction or avoidance.</p></content></subsection><subsection eId="d28e8390"><num>(4D)</num><intro><p>Any adjustments required to be made under <ref href="#d28e8378">subsection (4B)</ref> (whether or not by an officer of Revenue and Customs) may be made by way of—</p></intro><level class="para1"><num>(a)</num><content><p>an assessment, or</p></content></level><level class="para1"><num>(b)</num><content><p>the modification of an assessment.</p></content></level></subsection></quotedStructure></mod></p></content></level><level class="para1" eId="section-38-1-b"><num>(b)</num><intro><p>in subsection (5)—</p></intro><level class="para2" eId="section-38-1-b-i"><num>(i)</num><content><p><mod>for the words from the beginning of the subsection to “operation of this section” substitute <quotedText>“Subsections <ref href="#d28e8372">(4A)</ref> to <ref href="#d28e8390">(4D)</ref> do not apply”</quotedText>;</mod></p></content></level><level class="para2" eId="section-38-1-b-ii"><num>(ii)</num><content><p><mod>for “for bona fide” to the end of the first sentence substitute <quotedText>“without arrangements in respect of which <ref href="#d28e8378">subsection (4B)</ref> applies.”</quotedText>;</mod></p></content></level></level><level class="para1" eId="section-38-1-c"><num>(c)</num><content><p><mod>in subsections (6) and (7), for “subsection (5)” substitute <quotedText>“<ref href="#d28e8378">subsection (4B)</ref>”</quotedText>;</mod></p></content></level><level class="para1" eId="section-38-1-d"><num>(d)</num><content><p><mod>after subsection (9) insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><subsection><num>(10)</num><content><p>In this section, “<term refersTo="#term-arrangements">arrangements</term>” includes any agreement, understanding, scheme, transaction or series of transactions (whether or not legally enforceable).</p></content></subsection></quotedStructure></mod></p></content></level></subsection><subsection eId="section-38-2"><num>(2)</num><content><p>The amendments made by this section have effect in relation to arrangements involving the transfer of assets of a business on or after 26 November 2025.</p></content></subsection><subsection eId="section-38-3"><num>(3)</num><intro><p>But this section does not have effect in relation to a case where—</p></intro><level class="para1" eId="section-38-3-a"><num>(a)</num><content><p>a company has made an application under section 139(5) of TCGA 1992 before 26 November 2025,</p></content></level><level class="para1" eId="section-38-3-b"><num>(b)</num><content><p>the Commissioners for His Majesty’s Revenue and Customs have notified the company of their satisfaction under that subsection, or the tribunal has notified the company of its satisfaction under section 138(4) of TCGA 1992 (as applied by section 139(5) of that Act), in relation to the application, and</p></content></level><level class="para1" eId="section-38-3-c"><num>(c)</num><content><p>the transfer of assets in respect of which the application was made occurs before 26 January 2026 or, if later, before the end of the period of 60 days beginning with the day on which notification mentioned in <ref href="#section-38-3-b">paragraph (b)</ref> was made.</p></content></level></subsection></section><section eId="section-39"><num>39</num><heading>Incorporation relief: requirement to claim</heading><subsection eId="section-39-1"><num>(1)</num><content><p><ref eId="c00064" href="https://www.legislation.gov.uk/ukpga/1992/12/section/162">Section 162</ref> of <ref eId="c00065" href="https://www.legislation.gov.uk/ukpga/1992/12/contents">TCGA 1992</ref> (roll-over relief on transfer of business) is amended as follows.</p></content></subsection><subsection eId="section-39-2"><num>(2)</num><intro><p>In <ref eId="c00066" href="https://www.legislation.gov.uk/ukpga/1992/12/section/162">subsection (1)</ref>—</p></intro><level class="para1" eId="section-39-2-a"><num>(a)</num><content><p>the words from “a person who is not a company” to the end of the first sentence of the subsection become <ref eId="c00067" href="https://www.legislation.gov.uk/ukpga/1992/12/section/162">paragraph (a)</ref>;</p></content></level><level class="para1" eId="section-39-2-b"><num>(b)</num><content><p><mod>after <ref eId="c00068" href="https://www.legislation.gov.uk/ukpga/1992/12/section/162">that paragraph</ref> insert <quotedText startQuote="“">, and</quotedText><quotedStructure endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="default"><level class="para1"><num>(b)</num><content><p>the person makes a claim in respect of the transfer, including such information as the Commissioners may require, on or before the first anniversary of the 31 January following the tax year in which the transfer of the business took place.</p></content></level></quotedStructure></mod></p></content></level></subsection><subsection eId="section-39-3"><num>(3)</num><content><p><mod>After subsection (5) insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><subsection><num>(6)</num><content><p>In this section, “<term refersTo="#term-the-commissioners">the Commissioners</term>” means the Commissioners for His Majesty’s Revenue and Customs.</p></content></subsection></quotedStructure></mod></p></content></subsection><subsection eId="section-39-4"><num>(4)</num><content><p>Omit <ref eId="c00069" href="https://www.legislation.gov.uk/ukpga/1992/12/section/162A">section 162A</ref> of <ref eId="c00070" href="https://www.legislation.gov.uk/ukpga/1992/12/contents">TCGA 1992</ref> (election for section 162 not to apply).</p></content></subsection><subsection eId="section-39-5"><num>(5)</num><content><p>The amendments made by this section have effect in relation to transfers of businesses made on or after 6 April 2026.</p></content></subsection></section><section eId="section-40"><num>40</num><heading>Non-residents: cell companies</heading><subsection eId="section-40-1"><num>(1)</num><content><p>Part 4 of Schedule 1A to TCGA 1992 (anti-avoidance relating to assets deriving 75% of value from UK land) is amended as follows.</p></content></subsection><subsection eId="section-40-2"><num>(2)</num><content><p><mod>For the heading of the Part substitute <quotedText>“Cell companies and anti-avoidance”</quotedText>.</mod></p></content></subsection><subsection eId="section-40-3"><num>(3)</num><content><p><mod>Before paragraph 11 insert—<quotedStructure startQuote="“" endQuote="”" uk:context="schedule" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="schedule" ukl:Format="double"><hcontainer name="crossheading" class="schGroup7"><heading>Cell companies</heading><paragraph class="schProv1"><num>10A</num><subparagraph><num>(1)</num><content><p>In the application of this Schedule in relation to the disposal of an asset consisting of a right or an interest in a cell company, each cell of the company is to be treated as if it were an individual company.</p></content></subparagraph><subparagraph><num>(2)</num><intro><p>For the purposes of this paragraph—</p></intro><level class="para1"><num>(a)</num><intro><p>a company is a “cell company” if under the law under which the company is formed, under the company’s articles of association or other document regulating the company or under arrangements entered into by or in relation to the company—</p></intro><level class="para2"><num>(i)</num><content><p>some or all of the assets of the company are available primarily, or only, to meet particular liabilities of the company, and</p></content></level><level class="para2"><num>(ii)</num><content><p>some or all of the members of the company, and some or all of its creditors, have rights primarily, or only, in relation to particular assets of the company;</p></content></level></level><level class="para1"><num>(b)</num><content><p>“<term refersTo="#term-cell">cell</term>”, in relation a cell company, means an identifiable part of the company that carries on distinct business activities and to which particular assets and liabilities of the company are primarily or wholly attributable.</p></content></level></subparagraph></paragraph></hcontainer><heading ukl:Context="P1group">Anti-avoidance</heading></quotedStructure><inline name="appendText">.</inline></mod></p></content></subsection><subsection eId="section-40-4"><num>(4)</num><content><p>The amendments made by this section have effect in relation to disposals made on or after 26 November 2025.</p></content></subsection></section><section eId="section-41"><num>41</num><heading>Non-residents: double taxation relief relating to collective investment vehicles</heading><subsection eId="section-41-1"><num>(1)</num><content><p><mod>In paragraph 2 of Schedule 18 to FA 1998 (duty to give notice of chargeability to corporation tax), after sub-paragraph (2) insert—<quotedStructure startQuote="“" endQuote="”" uk:context="schedule" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="schedule" ukl:Format="double"><subparagraph><num>(2A)</num><content><p>Where sub-paragraph (1A) would apply as regards a company if the company were to make a claim to obtain relief under section 6(2)(a) or (3)(a) of TIOPA 2010 in respect of a disposal that has an appropriate connection to a collective investment vehicle for the purposes of paragraph 6 of Schedule 5AAA to TCGA 1992, the company is not required to make such a claim in order to obtain relief in respect of the disposal (despite section 6(6) of TIOPA 2010).</p></content></subparagraph></quotedStructure></mod></p></content></subsection><subsection eId="section-41-2"><num>(2)</num><content><p><mod>In section 55A of FA 2004 (exception to duty to give notice to coming within charge to corporation tax), after subsection (4) insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><subsection><num>(5)</num><content><p>Where subsection (1) would apply as regards a company if the company were to make a claim to obtain relief under section 6(2)(a) or (3)(a) of TIOPA 2010 in respect of a disposal that has an appropriate connection to a collective investment vehicle for the purposes of paragraph 6 of Schedule 5AAA to TCGA 1992, the company is not required to make such a claim in order to obtain relief in respect of the disposal (despite section 6(6) of TIOPA 2010).</p></content></subsection></quotedStructure></mod></p></content></subsection><subsection eId="section-41-3"><num>(3)</num><intro><p>In Schedule 2 to FA 2019—</p></intro><level class="para1" eId="section-41-3-a"><num>(a)</num><content><p><mod>in the heading before paragraph 10 (no return required in respect of disposal connected to CIS), for “schemes” substitute <quotedText>“vehicles”</quotedText>;</mod></p></content></level><level class="para1" eId="section-41-3-b"><num>(b)</num><intro><p>in paragraph 10—</p></intro><level class="para2" eId="section-41-3-b-i"><num>(i)</num><content><p><mod>for “scheme” substitute <quotedText>“vehicle”</quotedText>;</mod></p></content></level><level class="para2" eId="section-41-3-b-ii"><num>(ii)</num><content><p><mod>after sub-paragraph (2) insert—<quotedStructure startQuote="“" endQuote="”" uk:context="schedule" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="schedule" ukl:Format="double"><subparagraph><num>(3)</num><content><p>If, by virtue of sub-paragraph (1), a person is not required to make or deliver a return under this Schedule in respect of a disposal, the person is not required to make a claim to obtain relief under section 6(2)(a) or (3)(a) of TIOPA 2010 in respect of the disposal (despite subsection (6) of that section).</p></content></subparagraph></quotedStructure><inline name="appendText">;</inline></mod></p></content></level></level><level class="para1" eId="section-41-3-c"><num>(c)</num><intro><p>in paragraph 11(1)(a)—</p></intro><level class="para2" eId="section-41-3-c-i"><num>(i)</num><content><p><mod>for “CIS” substitute <quotedText>“CIV”</quotedText>;</mod></p></content></level><level class="para2" eId="section-41-3-c-ii"><num>(ii)</num><content><p><mod>for “scheme” substitute <quotedText>“vehicle”</quotedText>;</mod></p></content></level></level><level class="para1" eId="section-41-3-d"><num>(d)</num><content><p><mod>in paragraph 11(1)(b), for “subject of the scheme” substitute <quotedText>“subject of or held by the vehicle”</quotedText>;</mod></p></content></level><level class="para1" eId="section-41-3-e"><num>(e)</num><content><p><mod>in paragraph 12(1)(a), for “CIS” substitute <quotedText>“CIV”</quotedText>.</mod></p></content></level></subsection><subsection eId="section-41-4"><num>(4)</num><content><p>The amendments made by <ref href="#section-41-1">subsections (1)</ref> and <ref href="#section-41-2">(2)</ref> have effect in relation to disposals made on or after 1 April 2026.</p></content></subsection><subsection eId="section-41-5"><num>(5)</num><content><p>The amendments made by <ref href="#section-41-3">subsection (3)</ref> have effect in relation to disposals made on or after 6 April 2026.</p></content></subsection></section></hcontainer><hcontainer name="crossheading" ukl:Name="Pblock" eId="part-1-crossheading-nonuk-residents-etc"><heading>Non-UK residents etc</heading><section eId="section-42"><num>42</num><heading>Abolition of notional tax credit on distributions received by non-UK residents</heading><subsection eId="section-42-1"><num>(1)</num><content><p>Omit section 399 of ITTOIA 2005 (tax treated as paid on distributions received by non-UK resident persons).</p></content></subsection><subsection eId="section-42-2"><num>(2)</num><intro><p>In ITA 2007—</p></intro><level class="para1" eId="section-42-2-a"><num>(a)</num><content><p>in section 425 (total amount of income tax to which individual charged for a tax year), in subsection (5)(a), omit sub-paragraph (i);</p></content></level><level class="para1" eId="section-42-2-b"><num>(b)</num><content><p>in section 1026 (meaning of “<term refersTo="#term-non-qualifying-income" eId="term-non-qualifying-income">non-qualifying income</term>”), omit paragraph (a).</p></content></level></subsection><subsection eId="section-42-3"><num>(3)</num><intro><p>In TMA 1970—</p></intro><level class="para1" eId="section-42-3-a"><num>(a)</num><content><p>in section 9 (returns to include self-assessment), in subsection (1), in the closing words, omit “or section 399(2)”;</p></content></level><level class="para1" eId="section-42-3-b"><num>(b)</num><content><p>in section 59B (payment of income tax and capital gains tax), in subsection (1), in the closing words, omit “or section 399(2)”.</p></content></level></subsection><subsection eId="section-42-4"><num>(4)</num><content><p>In the Unauthorised Unit Trusts (Tax) Regulations 2013 (<ref eId="c00071" href="http://www.legislation.gov.uk/id/uksi/2013/2819">S.I. 2013/2819</ref>), in regulation 12 (treatment of income of an exempt unauthorised unit trust), omit paragraph (3)(b).</p></content></subsection><subsection eId="section-42-5"><num>(5)</num><content><p>The amendments made by this section have effect for the tax year 2026-27 and subsequent tax years.</p></content></subsection></section><section eId="section-43"><num>43</num><heading>Non-resident, and previously non-domiciled individuals</heading><subsection eId="section-43-1"><num>(1)</num><intro><p><ref href="#schedule-3-part-1">Part 1</ref> of <ref href="#schedule-3">Schedule 3</ref> makes provision about income tax and capital gains tax in connection with whether an individual has been non-UK resident or domiciled outside the United Kingdom, including—</p></intro><level class="para1" eId="section-43-1-a"><num>(a)</num><content><p>provision about the reliefs for qualifying new residents,</p></content></level><level class="para1" eId="section-43-1-b"><num>(b)</num><content><p>provision about the residency of personal representatives, and</p></content></level><level class="para1" eId="section-43-1-c"><num>(c)</num><content><p>provision about former users of the remittance basis.</p></content></level></subsection><subsection eId="section-43-2"><num>(2)</num><content><p><ref href="#schedule-3-part-2">Part 2</ref> of that Schedule makes provision amending Schedule 10 to FA 2025 (temporary repatriation facility).</p></content></subsection><subsection eId="section-43-3"><num>(3)</num><content><p><ref href="#schedule-3-part-3">Part 3</ref> of that Schedule makes provision about individuals who have been temporarily non-resident.</p></content></subsection></section><section eId="section-44"><num>44</num><heading>Trust protections etc: minor amendments and transitional protection</heading><subsection eId="section-44-1"><num>(1)</num><intro><p>In Chapter 5 of Part 5 of ITTOIA 2005 (settlements), in section 643C (meaning of “<term refersTo="#term-available-protected-income" eId="term-available-protected-income">available protected income</term>”)—</p></intro><level class="para1" eId="section-44-1-a"><num>(a)</num><content><p><mod>in subsection (1), in Step 5, after “within” insert <quotedText>“Step 2 or”</quotedText>;</mod></p></content></level><level class="para1" eId="section-44-1-b"><num>(b)</num><content><p><mod>in subsection (3)(b), at the end insert <quotedText>“and not exempt from income tax by virtue of any of sections 737 to 742A of that Act”</quotedText>.</mod></p></content></level></subsection><subsection eId="section-44-2"><num>(2)</num><intro><p>In Chapter 2 of Part 13 of ITA 2007 (transfer of assets abroad), in section 733 (benefits charge: amount of deemed income), in subsection (2B)—</p></intro><level class="para1" eId="section-44-2-a"><num>(a)</num><content><p><mod>in paragraph (a), for “732(2)” substitute <quotedText>“721, 728 or 732”</quotedText>;</mod></p></content></level><level class="para1" eId="section-44-2-b"><num>(b)</num><content><p>in the words after paragraph (b), omit “under section 731”.</p></content></level></subsection><subsection eId="section-44-3"><num>(3)</num><content><p>In section 87HA of TCGA 1992 (onward gifts from non-residents or qualifying new residents), in subsections (2) and (3), omit “capital”.</p></content></subsection><subsection eId="section-44-4"><num>(4)</num><content><p><mod>In FA 2025, in Schedule 12 (trust protections), in Part 4 (commencement and transitional provision), after paragraph 70 insert—<quotedStructure startQuote="“" endQuote="”" uk:context="schedule" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="schedule" ukl:Format="double"><hcontainer name="crossheading" class="schGroup7"><heading>Settlements: transitional protection where available protected income is increased by this Schedule</heading><paragraph class="schProv1"><num>70A</num><subparagraph><num>(1)</num><content><p>This paragraph applies for the purposes of section 643A of ITTOIA 2005 if an individual’s untaxed benefits total in relation to a settlement for the tax year 2024-25 exceeded the available protected income up to the end of that tax year.</p></content></subparagraph><subparagraph><num>(2)</num><content><p>In determining under section 643B of that Act the individual’s untaxed benefits total for the tax year 2025-26 or a later tax year, any benefit provided to the individual in the tax year 2024-25 or an earlier tax year is to be disregarded at Step 1 in subsection (1).</p></content></subparagraph><subparagraph><num>(3)</num><content><p>In this paragraph “untaxed benefits total” and “<term refersTo="#term-available-protected-income">available protected income</term>”, in relation to an individual, a settlement and a tax year, are to be construed in accordance with sections 643B and 643C of ITTOIA 2005 (as they have or had effect for the tax year in question).</p></content></subparagraph></paragraph></hcontainer></quotedStructure></mod></p></content></subsection><subsection eId="section-44-5"><num>(5)</num><content><p>The amendments made by subsection (1) come into force on 6 April 2026.</p></content></subsection><subsection eId="section-44-6"><num>(6)</num><content><p>The amendments made by subsections (2) to (4) are treated as having come into force on 6 April 2025.</p></content></subsection></section><section eId="section-45"><num>45</num><heading>PAYE for treaty non-residents etc.</heading><subsection eId="section-45-1"><num>(1)</num><intro><p>Schedule <ref href="#schedule-4">4</ref>—</p></intro><level class="para1" eId="section-45-1-a"><num>(a)</num><content><p>makes provision for employer PAYE notifications in respect of treaty non-resident employees, and</p></content></level><level class="para1" eId="section-45-1-b"><num>(b)</num><content><p>makes other amendments to sections 690 to 690E of ITEPA 2003 in relation to the making of employer PAYE notifications and HMRC PAYE directions.</p></content></level></subsection><subsection eId="section-45-2"><num>(2)</num><content><p>The amendments made by Schedule <ref href="#schedule-4">4</ref> have effect for the tax year 2026-27 and subsequent tax years (but see <ref href="#schedule-4-paragraph-8">paragraph 8</ref><ref href="#schedule-4-paragraph-8-2">(2)</ref> of that Schedule).</p></content></subsection></section></hcontainer><hcontainer name="crossheading" ukl:Name="Pblock" eId="part-1-crossheading-other-international-matters"><heading>Other international matters</heading><section eId="section-46"><num>46</num><heading>Unassessed transfer pricing profits</heading><subsection eId="section-46-1"><num>(1)</num><intro><p><ref href="#schedule-5">Schedule 5</ref> provides—</p></intro><level class="para1" eId="section-46-1-a"><num>(a)</num><content><p>for a power of His Majesty’s Revenue and Customs to assess “unassessed transfer pricing profits”,</p></content></level><level class="para1" eId="section-46-1-b"><num>(b)</num><content><p>for those profits to be subject to a higher rate of corporation tax (rather than the main or any other rate), and</p></content></level><level class="para1" eId="section-46-1-c"><num>(c)</num><content><p>for the abolition of diverted profits tax (which is superseded).</p></content></level></subsection><subsection eId="section-46-2"><num>(2)</num><content><p>The amendments made by that Schedule have effect in relation to accounting periods beginning on or after 1 January 2026.</p></content></subsection></section><section eId="section-47"><num>47</num><heading>Transfer pricing reform</heading><content><p><ref href="#schedule-6">Schedule 6</ref> makes provision about, and in connection with, transfer pricing.</p></content></section><section eId="section-48"><num>48</num><heading>International controlled transactions</heading><subsection eId="section-48-1"><num>(1)</num><intro><p>The Commissioners for His Majesty's Revenue and Customs may by regulations make provision—</p></intro><level class="para1" eId="section-48-1-a"><num>(a)</num><content><p>requiring persons specified for the purposes of <ref href="#section-48-1-a">this paragraph</ref> (“reporting entities”) to provide an officer of Revenue and Customs with information of specified descriptions in connection with specified international controlled transactions;</p></content></level><level class="para1" eId="section-48-1-b"><num>(b)</num><intro><p>requiring reporting entities to provide the information—</p></intro><level class="para2" eId="section-48-1-b-i"><num>(i)</num><content><p>at specified times,</p></content></level><level class="para2" eId="section-48-1-b-ii"><num>(ii)</num><content><p>in relation to specified periods of time, and</p></content></level><level class="para2" eId="section-48-1-b-iii"><num>(iii)</num><content><p>in a specified form and manner;</p></content></level></level><level class="para1" eId="section-48-1-c"><num>(c)</num><content><p>imposing obligations on reporting entities (including obligations to obtain information from specified persons for the purposes of complying with requirements imposed by virtue of <ref href="#section-48-1-a">paragraph (a)</ref>);</p></content></level><level class="para1" eId="section-48-1-d"><num>(d)</num><content><p>about contravention of, or non-compliance with, the regulations (including provision imposing penalties);</p></content></level><level class="para1" eId="section-48-1-e"><num>(e)</num><content><p>about appeals in relation to the imposition of any penalty.</p></content></level></subsection><subsection eId="section-48-2"><num>(2)</num><intro><p>The regulations may—</p></intro><level class="para1" eId="section-48-2-a"><num>(a)</num><content><p>make different provision for different purposes;</p></content></level><level class="para1" eId="section-48-2-b"><num>(b)</num><content><p>make provision by reference to things specified in a notice published by the Commissioners (as revised or replaced from time to time) in accordance with the regulations;</p></content></level><level class="para1" eId="section-48-2-c"><num>(c)</num><content><p>allow any requirement, obligation or other provision that may be imposed or made by reference to subsection <ref href="#section-48-1">(1)</ref><ref href="#section-48-1-a">(a)</ref> to <ref href="#section-48-1-c">(c)</ref> to be made by specific or general direction given by the Commissioners;</p></content></level><level class="para1" eId="section-48-2-d"><num>(d)</num><content><p>make provision under which the Commissioners or other persons may exercise discretions.</p></content></level></subsection><subsection eId="section-48-3"><num>(3)</num><intro><p>For the purposes of <ref href="#section-48-1">subsection (1)</ref>—</p></intro><level class="para1" eId="section-48-3-a"><num>(a)</num><content><p>“<term refersTo="#term-specified" eId="term-specified">specified</term>” means specified in the regulations, and</p></content></level><level class="para1" eId="section-48-3-b"><num>(b)</num><content><p>a transaction is an international controlled transaction if the transfer pricing condition or the permanent establishment condition is met in relation to it.</p></content></level></subsection><subsection eId="section-48-4"><num>(4)</num><intro><p>The transfer pricing condition is that—</p></intro><level class="para1" eId="section-48-4-a"><num>(a)</num><content><p>the transaction, or a series of transactions of which the transaction forms part, is the means by which provision (within the meaning of <ref eId="c00072" href="https://www.legislation.gov.uk/ukpga/2010/8/part/4">Part 4</ref> of <ref eId="c00073" href="https://www.legislation.gov.uk/ukpga/2010/8/contents">TIOPA 2010</ref>) has been made or imposed between two persons,</p></content></level><level class="para1" eId="section-48-4-b"><num>(b)</num><content><p>the participation condition (within the meaning of <ref eId="c00074" href="https://www.legislation.gov.uk/ukpga/2010/8/part/4">that Part</ref>) is met in relation to that provision,</p></content></level><level class="para1" eId="section-48-4-c"><num>(c)</num><intro><p>one of those persons is—</p></intro><level class="para2" eId="section-48-4-c-i"><num>(i)</num><content><p>a UK resident company,</p></content></level><level class="para2" eId="section-48-4-c-ii"><num>(ii)</num><content><p>a non-UK resident company within the charge to corporation tax as a result of it falling within paragraph (a), (c) or (d) of section 5(2) of CTA 2009 (deals in or develops UK land, carries on a UK property business or has other UK property income), or</p></content></level><level class="para2" eId="section-48-4-c-iii"><num>(iii)</num><content><p>a partnership whose members include a company within the charge to corporation tax, and</p></content></level></level><level class="para1" eId="section-48-4-d"><num>(d)</num><content><p>the other person is a non-UK resident person or is a partnership whose members include a non-UK resident person.</p></content></level></subsection><subsection eId="section-48-5"><num>(5)</num><intro><p>The permanent establishment condition is that the transaction is relevant to the determination of—</p></intro><level class="para1" eId="section-48-5-a"><num>(a)</num><content><p>exemption adjustments made under <ref eId="c00075" href="https://www.legislation.gov.uk/ukpga/2009/4/section/18A">section 18A</ref> of <ref eId="c00076" href="https://www.legislation.gov.uk/ukpga/2009/4/contents">CTA 2009</ref>, or</p></content></level><level class="para1" eId="section-48-5-b"><num>(b)</num><content><p>the profits of a non-UK resident company that are (for the purposes of the Corporation Tax Acts) attributable to a permanent establishment of the company in the United Kingdom.</p></content></level></subsection><subsection eId="section-48-6"><num>(6)</num><content><p>References in this section to a transaction includes any transaction that may be treated to have occurred for the purposes of applying Chapter 3A or 4 of Part 2 of CTA 2009 (profits of permanent establishments).</p></content></subsection></section><section eId="section-49"><num>49</num><heading>Permanent establishments</heading><content><p><ref href="#schedule-7">Schedule 7</ref> makes provision about permanent establishments, including for the purposes of giving effect to certain provisions of the Model Tax Convention on Income and on Capital published by the Organisation for Economic Co-operation and Development in 2017.</p></content></section><section eId="section-50"><num>50</num><heading>Pillar two</heading><content><p><ref href="#schedule-8">Schedule 8</ref> contains amendments to F(No.2)A 2023, and other connected provision, relating to multinational top-up tax and domestic top-up tax.</p></content></section><section eId="section-51"><num>51</num><heading>Controlled foreign companies: interest on reversal of state aid recovery</heading><subsection eId="section-51-1"><num>(1)</num><content><p><ref href="#section-51">This section</ref> applies if a repayment of interest (“the relevant repayment”) is, or has been at any time, made to a company in consequence of the cancellation of an interest charging notice given to the company under Schedule 7ZA to TIOPA 2010 (recovery of unlawful state aid).</p></content></subsection><subsection eId="section-51-2"><num>(2)</num><content><p>Interest must be paid to the company in respect of the relevant repayment.</p></content></subsection><subsection eId="section-51-3"><num>(3)</num><intro><p>The amount of interest payable under <ref href="#section-51">this section</ref> is the amount that would have been payable by virtue of <ref eId="c00077" href="https://www.legislation.gov.uk/ukpga/1988/1/section/826">section 826</ref> of the <ref eId="c00078" href="https://www.legislation.gov.uk/ukpga/1988/1/contents">Income and Corporation Taxes Act 1988</ref> (interest on tax overpaid) in respect of the relevant repayment if, at the time of the relevant repayment—</p></intro><level class="para1" eId="section-51-3-a"><num>(a)</num><content><p>the relevant repayment had been among the repayments and payments listed in <ref eId="c00079" href="https://www.legislation.gov.uk/ukpga/1988/1/section/826">subsection (1)</ref> of <ref eId="c00080" href="https://www.legislation.gov.uk/ukpga/1988/1/section/826">that section</ref>, and</p></content></level><level class="para1" eId="section-51-3-b"><num>(b)</num><content><p>the material date for the purposes of <ref eId="c00081" href="https://www.legislation.gov.uk/ukpga/1988/1/section/826">that section</ref>, in relation to the relevant repayment, had been the date on which the interest mentioned in <ref href="#section-51-1">subsection (1)</ref> above was paid by the company.</p></content></level></subsection><subsection eId="section-51-4"><num>(4)</num><intro><p>Interest payable under <ref href="#section-51">this section</ref> must be paid—</p></intro><level class="para1" eId="section-51-4-a"><num>(a)</num><content><p>in respect of a relevant repayment made before 2 December 2025, as soon as reasonably practicable;</p></content></level><level class="para1" eId="section-51-4-b"><num>(b)</num><content><p>in respect of a relevant repayment made on or after that day, at the same time as the relevant repayment.</p></content></level></subsection><subsection eId="section-51-5"><num>(5)</num><content><p>Nothing in paragraph 10(1) of Schedule 7ZA to TIOPA 2010 (Treasury duty to make regulations where Commission Decision is revoked or annulled) requires the Treasury to make any further provision in relation to the repayment of interest paid by virtue of that Schedule.</p></content></subsection><subsection eId="section-51-6"><num>(6)</num><content><p>References in this section to Schedule 7ZA to TIOPA 2010 are to the Schedule treated as inserted in <ref eId="c00082" href="https://www.legislation.gov.uk/ukpga/2010/8/contents">that Act</ref> by paragraph (b) of <ref eId="c00083" href="https://www.legislation.gov.uk/ukpga/2020/26/schedule/4">Schedule 4</ref> to the <ref eId="c00084" href="https://www.legislation.gov.uk/ukpga/2020/26/contents">Taxation (Post-transition Period) Act 2020</ref>.</p></content></subsection><subsection eId="section-51-7"><num>(7)</num><content><p><ref href="#section-51">This section</ref> is treated as having come into force on 2 December 2025.</p></content></subsection></section><section eId="section-52"><num>52</num><heading>Offshore income gains</heading><subsection eId="section-52-1"><num>(1)</num><intro><p>In the Offshore Funds (Tax) Regulations 2009 (<ref eId="c00085" href="http://www.legislation.gov.uk/id/uksi/2009/3001">S.I. 2009/3001</ref>)—</p></intro><level class="para1" eId="section-52-1-a"><num>(a)</num><content><p>in regulation 20 (application to gains of non-resident settlements), omit paragraphs (2) to (5);</p></content></level><level class="para1" eId="section-52-1-b"><num>(b)</num><content><p>in regulation 21 (application of transfer of assets abroad provisions), omit paragraphs (4) to (6).</p></content></level></subsection><subsection eId="section-52-2"><num>(2)</num><intro><p>In consequence of the amendments made by subsection <ref href="#section-52-1">(1)</ref>—</p></intro><level class="para1" eId="section-52-2-a"><num>(a)</num><content><p>in section 734 of ITA 2007 (reduction in amount charged: previous capital gains tax charge), in subsection (5), omit “20 and”;</p></content></level><level class="para1" eId="section-52-2-b"><num>(b)</num><content><p>in Schedule 7 to FA 2008 (remittance basis), omit paragraphs 100 to 102;</p></content></level><level class="para1" eId="section-52-2-c"><num>(c)</num><intro><p>in the Offshore Funds (Tax) Regulations 2009—</p></intro><level class="para2" eId="section-52-2-c-i"><num>(i)</num><content><p>in regulation 18 (charge to tax on disposal of asset: further provisions), in paragraph (5), omit sub-paragraph (c);</p></content></level><level class="para2" eId="section-52-2-c-ii"><num>(ii)</num><content><p>in regulation 19 (income treated as arising under regulation 17: remittance basis), omit paragraph (5);</p></content></level><level class="para2" eId="section-52-2-c-iii"><num>(iii)</num><content><p>omit regulation 130 (amendments of FA 2008);</p></content></level><level class="para2" eId="section-52-2-c-iv"><num>(iv)</num><content><p>in Part 2 of Schedule 3 (index of defined expressions), omit the entry for “OIG amount”;</p></content></level></level><level class="para1" eId="section-52-2-d"><num>(d)</num><intro><p>in Schedule 10 to FA 2025 (temporary repatriation facility)—</p></intro><level class="para2" eId="section-52-2-d-i"><num>(i)</num><content><p><mod>in paragraph 3(7), for “paragraphs 4 and 5” substitute <quotedText>“paragraph 5”</quotedText>;</mod></p></content></level><level class="para2" eId="section-52-2-d-ii"><num>(ii)</num><content><p><mod>in paragraph 3(9), for “paragraphs 4 and 5” substitute <quotedText>“paragraph 5”</quotedText>;</mod></p></content></level><level class="para2" eId="section-52-2-d-iii"><num>(iii)</num><content><p>omit paragraph 4;</p></content></level><level class="para2" eId="section-52-2-d-iv"><num>(iv)</num><content><p><mod>in paragraph 5(7), for “paragraphs 3 and 4” substitute <quotedText>“paragraph 3”</quotedText>;</mod></p></content></level><level class="para2" eId="section-52-2-d-v"><num>(v)</num><content><p>in paragraph 10, omit sub-paragraphs (7) and (8).</p></content></level></level></subsection><subsection eId="section-52-3"><num>(3)</num><content><p>Section <ref href="#section-53">53</ref> makes provision preserving in certain cases the effect of the law as it applied before the amendments made by this section.</p></content></subsection><subsection eId="section-52-4"><num>(4)</num><intro><p>This section—</p></intro><level class="para1" eId="section-52-4-a"><num>(a)</num><content><p>is to be treated as having come into force on 6 April 2025;</p></content></level><level class="para1" eId="section-52-4-b"><num>(b)</num><content><p>has effect for the tax year 2025-26 and subsequent tax years.</p></content></level></subsection></section><section eId="section-53"><num>53</num><heading>Offshore income gains: savings</heading><subsection eId="section-53-1"><num>(1)</num><content><p>This section applies in relation to an offshore income gain arising to the trustees of a settlement in a case where Chapter 2 of Part 13 of ITA 2007 (transfer of assets abroad) applies in relation to that gain for the tax year 2025-26 or any subsequent tax year because of the amendments made by section <ref href="#section-52">52</ref>.</p></content></subsection><subsection eId="section-53-2"><num>(2)</num><intro><p>If the offshore income gain arose in a tax year before the tax year 2025-26 and, by reason of that offshore income gain or a part of it, an offshore income gain was treated as arising in a tax year before the tax year 2025-26 to an individual under paragraphs (2) to (5) of regulation 20 of the Offshore Funds (Tax) Regulations 2009 (<ref eId="c00086" href="http://www.legislation.gov.uk/id/uksi/2009/3001">S.I. 2009/3001</ref>)—</p></intro><level class="para1" eId="section-53-2-a"><num>(a)</num><content><p>Chapter 2 of Part 13 of ITA 2007 is to be treated as not applying in relation to the offshore income gain arising to the trustees or that part of that gain, and</p></content></level><level class="para1" eId="section-53-2-b"><num>(b)</num><content><p>references in section 734 of ITA 2007 to chargeable gains treated as accruing to an individual are to be treated as including the offshore income gain treated as arising to the individual.</p></content></level></subsection><subsection eId="section-53-3"><num>(3)</num><intro><p>An individual is not chargeable to income tax under Chapter 2 of Part 13 of ITA 2007 on income treated as arising to the individual under section 732 of ITA 2007 by reason of the offshore income gain to the extent that the income, without the amendments made by section <ref href="#section-52">52</ref><ref href="#section-52-1">(1)</ref> and <ref href="#section-52-2">(2)</ref><ref href="#section-52-2-b">(b)</ref>—</p></intro><level class="para1" eId="section-53-3-a"><num>(a)</num><content><p>would have been treated as arising to that individual under paragraphs (2) to (5) of regulation 20 of the Offshore Funds (Tax) Regulations 2009 (<ref eId="c00087" href="http://www.legislation.gov.uk/id/uksi/2009/3001">S.I. 2009/3001</ref>), and</p></content></level><level class="para1" eId="section-53-3-b"><num>(b)</num><content><p>would have been non-chargeable income (see subsections <ref href="#section-53-4">(4)</ref>, <ref href="#section-53-5">(5)</ref> and <ref href="#section-53-6">(6)</ref>).</p></content></level></subsection><subsection eId="section-53-4"><num>(4)</num><intro><p>The income would have been non-chargeable income if, without the amendments made by section <ref href="#section-52">52</ref><ref href="#section-52-1">(1)</ref> and <ref href="#section-52-2">(2)</ref><ref href="#section-52-2-b">(b)</ref>—</p></intro><level class="para1" eId="section-53-4-a"><num>(a)</num><intro><p>the income would have been treated as arising by reason of—</p></intro><level class="para2" eId="section-53-4-a-i"><num>(i)</num><content><p>the matching of a capital payment received (or treated as received) by the individual before 6 April 2008 with an offshore income gain arising on or after 6 April 2025, or</p></content></level><level class="para2" eId="section-53-4-a-ii"><num>(ii)</num><content><p>the matching of a capital payment received (or treated as received) by the individual on or after 6 April 2025 with an offshore income gain arising before 6 April 2008, and</p></content></level></level><level class="para1" eId="section-53-4-b"><num>(b)</num><content><p>paragraph 100 of Schedule 7 to FA 2008 would have applied to the income.</p></content></level></subsection><subsection eId="section-53-5"><num>(5)</num><intro><p>The income would have been non-chargeable income to the extent that, without the amendments made by section <ref href="#section-52">52</ref><ref href="#section-52-1">(1)</ref> and <ref href="#section-52-2">(2)</ref><ref href="#section-52-2-b">(b)</ref>, it would have exceeded the relevant proportion of income—</p></intro><level class="para1" eId="section-53-5-a"><num>(a)</num><intro><p>which would have been treated as arising to the individual by reason of—</p></intro><level class="para2" eId="section-53-5-a-i"><num>(i)</num><content><p>the matching of a capital payment received (or treated as received) by the individual on or after 6 April 2008 with an offshore income gain arising on or after 6 April 2025, or</p></content></level><level class="para2" eId="section-53-5-a-ii"><num>(ii)</num><content><p>the matching of a capital payment received (or treated as received) by the individual on or after 6 April 2025 with an offshore income gain arising on or after 6 April 2008, and</p></content></level></level><level class="para1" eId="section-53-5-b"><num>(b)</num><content><p>to which paragraph 101 of Schedule 7 to FA 2008 would have applied,</p></content></level><wrapUp><p>and, for that purpose, “<term refersTo="#term-relevant-proportion" eId="term-relevant-proportion">relevant proportion</term>” has the meaning given by sub-paragraphs (9) to (18) of paragraph 126 of that Schedule as they would have been modified by sub-paragraph (3) of paragraph 101 of that Schedule.</p></wrapUp></subsection><subsection eId="section-53-6"><num>(6)</num><intro><p>The income would have been non-chargeable income to the extent that, without the amendments made by section <ref href="#section-52">52</ref><ref href="#section-52-1">(1)</ref> and <ref href="#section-52-2">(2)</ref><ref href="#section-52-2-b">(b)</ref>, it would have exceeded the relevant proportion of income—</p></intro><level class="para1" eId="section-53-6-a"><num>(a)</num><intro><p>which would have been treated as arising to the individual by reason of—</p></intro><level class="para2" eId="section-53-6-a-i"><num>(i)</num><content><p>the matching of a capital payment received (or treated as received) by the individual on or after 6 April 2008 with an offshore income gain arising on or after 6 April 2025, or</p></content></level><level class="para2" eId="section-53-6-a-ii"><num>(ii)</num><content><p>the matching of a capital payment received (or treated as received) by the individual on or after 6 April 2025 with an offshore income gain arising on or after 6 April 2008,</p></content></level></level><level class="para1" eId="section-53-6-b"><num>(b)</num><content><p>to which paragraph 102 of Schedule 7 to FA 2008 would have applied, and</p></content></level><level class="para1" eId="section-53-6-c"><num>(c)</num><content><p>to which paragraph 101 of that Schedule would not have applied,</p></content></level><wrapUp><p>and, for that purpose, “<term refersTo="#term-relevant-proportion" eId="term-relevant-proportion">relevant proportion</term>” has the meaning given by sub-paragraphs (4) to (7) of paragraph 127 of that Schedule as they would have been modified by sub-paragraph (4) of paragraph 102 of that Schedule.</p></wrapUp></subsection><subsection eId="section-53-7"><num>(7)</num><content><p>Subsection <ref href="#section-53-3">(3)</ref> does not prevent Chapter 2 of Part 13 of ITA 2007 from having effect as though the income not chargeable to tax under that subsection had been charged to tax under section 731 of that Act.</p></content></subsection><subsection eId="section-53-8"><num>(8)</num><intro><p>Accordingly—</p></intro><level class="para1" eId="section-53-8-a"><num>(a)</num><content><p>in the application of section 733(1) of ITA 2007 to the individual for subsequent tax years, the amount of that income will be deducted at Step 2 and at paragraph (a) of Step 5, and</p></content></level><level class="para1" eId="section-53-8-b"><num>(b)</num><content><p>in the application of section 733(1) of ITA 2007 to any other individual for subsequent tax years, the amount of that income will be deducted at paragraph (b) of Step 5.</p></content></level></subsection><subsection eId="section-53-9"><num>(9)</num><content><p><mod>In section 733 of ITA 2007, after subsection (2D) insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><subsection><num>(2E)</num><content><p>See subsections <ref href="#section-53-7">(7)</ref> and <ref href="#section-53-8">(8)</ref> of section <ref href="#section-53">53</ref> of FA 2026 (offshore income gains: savings relating to amendments made by section <ref href="#section-52">52</ref> of that Act) for special provision about income that is treated as arising under section 732 but that is not chargeable to income tax under subsection <ref href="#section-53-3">(3)</ref> of that section.</p></content></subsection></quotedStructure></mod></p></content></subsection><subsection eId="section-53-10"><num>(10)</num><intro><p>This section—</p></intro><level class="para1" eId="section-53-10-a"><num>(a)</num><content><p>is to be treated as having come into force on 6 April 2025;</p></content></level><level class="para1" eId="section-53-10-b"><num>(b)</num><content><p>has effect for the tax year 2025-26 and subsequent tax years.</p></content></level></subsection></section></hcontainer><hcontainer name="crossheading" ukl:Name="Pblock" eId="part-1-crossheading-charities"><heading>Charities</heading><section eId="section-54"><num>54</num><heading>Legacies to charities to be within scope of tax</heading><subsection eId="section-54-1"><num>(1)</num><content><p><ref eId="c00088" href="https://www.legislation.gov.uk/ukpga/2007/3/part/10">Part 10</ref> of <ref eId="c00089" href="https://www.legislation.gov.uk/ukpga/2007/3/contents">ITA 2007</ref> (special rules about charitable trusts etc) is amended in accordance with subsections <ref href="#section-54-2">(2)</ref> to <ref href="#section-54-4">(4)</ref>.</p></content></subsection><subsection eId="section-54-2"><num>(2)</num><content><p><mod>In section 518 (overview), in subsection (1), for “523” substitute <quotedText>“523A”</quotedText>.</mod></p></content></subsection><subsection eId="section-54-3"><num>(3)</num><content><p><mod>After section 523 (but beneath the same italic heading) insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><section eId="d28e9977"><num>523A</num><heading>Legacies: income tax liability and exemption</heading><subsection><num>(1)</num><intro><p>This section applies to a gift of property—</p></intro><level class="para1"><num>(a)</num><content><p>that is made by will to a charitable trust, and</p></content></level><level class="para1"><num>(b)</num><content><p>that is not charged to income tax, apart from this section.</p></content></level></subsection><subsection><num>(2)</num><content><p>Income tax is charged on the gift.</p></content></subsection><subsection><num>(3)</num><content><p>It is charged on the total value of the property so received in the tax year; and for that purpose the value of any property other than money is its market value as at the time of the death of the person by whose will the gift of the property is made.</p></content></subsection><subsection><num>(4)</num><content><p>But property is not taken into account in calculating total income so far as it is applied to charitable purposes only.</p></content></subsection><subsection><num>(5)</num><content><p>The trustees of the charitable trust are liable for any tax charged under this section.</p></content></subsection><subsection><num>(6)</num><intro><p>A gift of property made to a charitable trust is treated for the purposes of this section as made by will if—</p></intro><level class="para1"><num>(a)</num><content><p>the gift is made to the trust by virtue of the variation, after a person’s death, of a disposition of property effected by the person’s will, and</p></content></level><level class="para1"><num>(b)</num><content><p>the variation is treated under section 142 of IHTA 1984 (alteration of dispositions taking effect on death) as having been effected by the deceased.</p></content></level></subsection><subsection><num>(7)</num><intro><p>In this section—</p></intro><hcontainer name="definition"><content><p>“<term refersTo="#term-property">property</term>” includes rights and interests of any description;</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-will">will</term>” includes a testament, a codicil and any testamentary disposition of property.</p></content></hcontainer></subsection></section></quotedStructure></mod></p></content></subsection><subsection eId="section-54-4"><num>(4)</num><content><p>In section 562 (excess expenditure), in subsection (5) (definition of “non-taxable sums”), omit “, legacies”.</p></content></subsection><subsection eId="section-54-5"><num>(5)</num><content><p><mod>In ITTOIA 2005, in section 636 (settlements: calculation of undistributed income), in subsection (7), at the appropriate place insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><blockList class="unordered none" ukl:Name="UnorderedList" ukl:Decoration="none"><item><p>section <ref href="#d28e9977">523A</ref> (legacies)</p></item></blockList></quotedStructure><inline name="appendText">.</inline></mod></p></content></subsection><subsection eId="section-54-6"><num>(6)</num><content><p>Part 11 of CTA 2010 (charitable companies etc) is amended in accordance with subsections <ref href="#section-54-7">(7)</ref> to <ref href="#section-54-9">(9)</ref>.</p></content></subsection><subsection eId="section-54-7"><num>(7)</num><content><p><mod>In section 466 (overview), in subsection (1), for “474” substitute <quotedText>“474A”</quotedText>.</mod></p></content></subsection><subsection eId="section-54-8"><num>(8)</num><content><p><mod>After section 474 (but beneath the same italic heading) insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><section><num>474A</num><heading>Legacies: corporation tax liability and exemption</heading><subsection><num>(1)</num><intro><p>This section applies to a gift of property—</p></intro><level class="para1"><num>(a)</num><content><p>that is made by will to a charitable company, and</p></content></level><level class="para1"><num>(b)</num><content><p>that is not chargeable to corporation tax apart from this section.</p></content></level></subsection><subsection><num>(2)</num><content><p>The value of the property that is the subject of the gift is treated as an amount in respect of which the charitable company is chargeable to corporation tax, under the charge to corporation tax on income.</p></content></subsection><subsection><num>(3)</num><content><p>For that purpose the value of any property other than money is its market value as at the time of the death of the person by whose will the gift of the property is made.</p></content></subsection><subsection eId="d28e10150"><num>(4)</num><content><p>But the value attributable to property is not taken into account in calculating total profits so far as the property is applied to charitable purposes only.</p></content></subsection><subsection><num>(5)</num><intro><p>A gift of property made to a charitable company is treated for the purposes of this section as made by will if—</p></intro><level class="para1"><num>(a)</num><content><p>the gift is made to the company by virtue of the variation, after a person’s death, of a disposition of property effected by the person’s will, and</p></content></level><level class="para1"><num>(b)</num><content><p>the variation is treated under section 142 of the Inheritance Tax Act 1984 (alteration of dispositions taking effect on death) has having been effected by the deceased.</p></content></level></subsection><subsection><num>(6)</num><content><p>The exemption under subsection <ref href="#d28e10150">(4)</ref> requires a claim.</p></content></subsection><subsection><num>(7)</num><intro><p>In this section—</p></intro><hcontainer name="definition"><content><p>“<term refersTo="#term-property">property</term>” includes rights and interests of any description;</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-will">will</term>” includes a testament, a codicil and any testamentary disposition of property.</p></content></hcontainer></subsection></section></quotedStructure></mod></p></content></subsection><subsection eId="section-54-9"><num>(9)</num><content><p>In section 515 (excess expenditure), in subsection (5) (definition of “non-taxable sums”), omit “, legacies”.</p></content></subsection><subsection eId="section-54-10"><num>(10)</num><content><p>The amendments made by this section have effect in relation to gifts received on or after 6 April 2026.</p></content></subsection></section><section eId="section-55"><num>55</num><heading>Approved charitable investments: purpose test</heading><subsection eId="section-55-1"><num>(1)</num><content><p>Section 558 of ITA 2007 (approved charitable investments) is amended in accordance with subsections <ref href="#section-55-2">(2)</ref> to <ref href="#section-55-5">(5)</ref>.</p></content></subsection><subsection eId="section-55-2"><num>(2)</num><content><p>The existing text becomes subsection (2).</p></content></subsection><subsection eId="section-55-3"><num>(3)</num><content><p><mod>Before that subsection insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><subsection><num>(1)</num><intro><p>For the purposes of section 543 “<term refersTo="#term-approved-charitable-investment">approved charitable investment</term>” means an investment—</p></intro><level class="para1"><num>(a)</num><content><p>that is of a type listed in subsection (2) and is made for an allowable purpose, or</p></content></level><level class="para1"><num>(b)</num><content><p>that is not of a type listed in subsection (2) but that is approved under subsection <ref href="#d28e10300">(3)</ref>.</p></content></level></subsection></quotedStructure></mod></p></content></subsection><subsection eId="section-55-4"><num>(4)</num><intro><p>In subsection (2)—</p></intro><level class="para1" eId="section-55-4-a"><num>(a)</num><content><p><mod>for the words before Type 1 substitute <quotedText>“The following are the types of investment mentioned in subsection (1)(a)—”</quotedText>;</mod></p></content></level><level class="para1" eId="section-55-4-b"><num>(b)</num><content><p>omit Type 12.</p></content></level></subsection><subsection eId="section-55-5"><num>(5)</num><content><p><mod>At the end insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><subsection eId="d28e10300"><num>(3)</num><content><p>An officer of Revenue and Customs may approve a loan or other investment under this subsection if satisfied, on a claim, that it is made for an allowable purpose.</p></content></subsection><subsection><num>(4)</num><intro><p>For the purposes of this section an investment is made “for an allowable purpose” if it is reasonable to draw the conclusion, from all the circumstances of the case, that the investment is made—</p></intro><level class="para1"><num>(a)</num><content><p>for the sole purpose of benefiting the charitable trust, or</p></content></level><level class="para1"><num>(b)</num><content><p>for that purpose and one or more ancillary or incidental purposes,</p></content></level><wrapUp><p>and is not made for the avoidance of tax (whether by the trust or any other person).</p></wrapUp></subsection></quotedStructure></mod></p></content></subsection><subsection eId="section-55-6"><num>(6)</num><content><p>Section 511 of CTA 2010 (approved charitable investments) is amended in accordance with subsections <ref href="#section-55-7">(7)</ref> to <ref href="#section-55-10">(10)</ref>.</p></content></subsection><subsection eId="section-55-7"><num>(7)</num><content><p>The existing text becomes subsection (2).</p></content></subsection><subsection eId="section-55-8"><num>(8)</num><content><p><mod>Before that subsection insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><subsection><num>(1)</num><intro><p>For the purposes of section 496 “<term refersTo="#term-approved-charitable-investment">approved charitable investment</term>” means an investment—</p></intro><level class="para1"><num>(a)</num><content><p>that is of a type listed in subsection (2) and is made for an allowable purpose, or</p></content></level><level class="para1"><num>(b)</num><content><p>that is not of a type listed in subsection (2) but that is approved under subsection (3).</p></content></level></subsection></quotedStructure></mod></p></content></subsection><subsection eId="section-55-9"><num>(9)</num><intro><p>In subsection (2)—</p></intro><level class="para1" eId="section-55-9-a"><num>(a)</num><content><p><mod>for the words before Type 1 substitute <quotedText>“The following are the types of investment mentioned in subsection (1)(a)—”</quotedText>;</mod></p></content></level><level class="para1" eId="section-55-9-b"><num>(b)</num><content><p>omit Type 12.</p></content></level></subsection><subsection eId="section-55-10"><num>(10)</num><content><p><mod>At the end insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><subsection><num>(3)</num><content><p>An officer of Revenue and Customs may approve a loan or other investment under this subsection if satisfied, on a claim, that it is made for an allowable purpose.</p></content></subsection><subsection><num>(4)</num><intro><p>For the purposes of this section an investment is made “for an allowable purpose” if it is reasonable to draw the conclusion, from all the circumstances of the case, that the investment is made—</p></intro><level class="para1"><num>(a)</num><content><p>for the sole purpose of benefiting the charitable company, or</p></content></level><level class="para1"><num>(b)</num><content><p>for that purpose and one or more ancillary or incidental purposes,</p></content></level><wrapUp><p>and is not made for the avoidance of tax (whether by the company or any other person).</p></wrapUp></subsection></quotedStructure></mod></p></content></subsection><subsection eId="section-55-11"><num>(11)</num><content><p>The amendments made by this section have effect in relation to investments made on or after 6 April 2026.</p></content></subsection></section><section eId="section-56"><num>56</num><heading>Tainted charity donations: replacement of purpose test with outcome test</heading><subsection eId="section-56-1"><num>(1)</num><content><p>Section 809ZJ of ITA 2007 (tainted donations) is amended in accordance with subsections <ref href="#section-56-2">(2)</ref> and <ref href="#section-56-3">(3)</ref>.</p></content></subsection><subsection eId="section-56-2"><num>(2)</num><content><p><mod>For subsection (5) substitute—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><subsection><num>(5)</num><intro><p>Condition B is that a linked person who is not a charity receives financial assistance—</p></intro><level class="para1"><num>(a)</num><content><p>under or in connection with the arrangements, and</p></content></level><level class="para1"><num>(b)</num><content><p>directly or indirectly from the charity to which the donation is made or from a connected charity.</p></content></level></subsection></quotedStructure></mod></p></content></subsection><subsection eId="section-56-3"><num>(3)</num><content><p><mod>In subsection (8), at the appropriate place insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><hcontainer name="definition"><content><p>“<term refersTo="#term-financial-assistance">financial assistance</term>” includes a loan, a guarantee, an indemnity or any form of investment (in each case, whether or not on arm’s length terms);</p></content></hcontainer></quotedStructure><inline name="appendText">.</inline></mod></p></content></subsection><subsection eId="section-56-4"><num>(4)</num><content><p>Section 939C of CTA 2010 (tainted donations) is amended in accordance with subsections (5) and (6).</p></content></subsection><subsection eId="section-56-5"><num>(5)</num><content><p><mod>For subsection (5) substitute—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><subsection><num>(5)</num><intro><p>Condition B is that a linked person who is not a charity receives financial assistance—</p></intro><level class="para1"><num>(a)</num><content><p>under or in connection with the arrangements, and</p></content></level><level class="para1"><num>(b)</num><content><p>directly or indirectly from the charity to which the donation is made or from a connected charity.</p></content></level></subsection></quotedStructure></mod></p></content></subsection><subsection eId="section-56-6"><num>(6)</num><content><p><mod>In subsection (8), at the appropriate place insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><hcontainer name="definition"><content><p>“<term refersTo="#term-financial-assistance">financial assistance</term>” includes a loan, a guarantee, an indemnity or any form of investment (in each case, whether or not on arm’s length terms);</p></content></hcontainer></quotedStructure><inline name="appendText">.</inline></mod></p></content></subsection><subsection eId="section-56-7"><num>(7)</num><content><p><ref href="#schedule-9">Schedule 9</ref> contains amendments connected with those made by this section in relation to tainted charity donations.</p></content></subsection><subsection eId="section-56-8"><num>(8)</num><content><p>The amendments made by this section and by <ref href="#schedule-9">Schedule 9</ref> have effect in relation to relievable charitable donations made on or after 6 April 2026.</p></content></subsection><subsection eId="section-56-9"><num>(9)</num><content><p>In a case where an associated donation is made on or after 6 April 2026 in relation to a tainted donation made before that date, the tainted donation is regarded for the purposes of sections <ref href="#d28e61953">809ZMB</ref> of ITA 2007, section <ref href="#d28e62743">939FB</ref> of CTA 2010 and section <ref href="#d28e63080">257B</ref> of TCGA 1992 as having “become” a tainted donation at the time when it was made.</p></content></subsection><subsection eId="section-56-10"><num>(10)</num><intro><p>In subsections <ref href="#section-56-8">(8)</ref> and <ref href="#section-56-9">(9)</ref>—</p></intro><hcontainer name="definition"><content><p>“<term refersTo="#term-associated-donation" eId="term-associated-donation">associated donation</term>” means an associated donation within the meaning of section <ref href="#d28e61953">809ZMB</ref> of ITA 2007 or section <ref href="#d28e62743">939FB</ref> of CTA 2010 (as inserted, in each case, by <ref href="#schedule-9">Schedule 9</ref>);</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-relievable-charitable-donation" eId="term-relievable-charitable-donation">relievable charitable donation</term>” means a relievable charity donation within the meaning of Chapter 8 of Part 13 of ITA 2007 or Part 21C of CTA 2010;</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-tainted-donation" eId="term-tainted-donation">tainted donation</term>” means a tainted donation within the meaning of Chapter 8 of Part 13 of ITA 2007 or Part 21C of CTA 2010.</p></content></hcontainer></subsection></section></hcontainer><hcontainer name="crossheading" ukl:Name="Pblock" eId="part-1-crossheading-miscellaneous"><heading>Miscellaneous</heading><section eId="section-57"><num>57</num><heading>Winter fuel payment charge</heading><content><p>Schedule <ref href="#schedule-10">10</ref> contains provision for and in connection with a winter fuel payment charge.</p></content></section><section eId="section-58"><num>58</num><heading>Carried interest</heading><subsection eId="section-58-1"><num>(1)</num><content><p>ITTOIA 2005 is amended in accordance with subsections <ref href="#section-58-2">(2)</ref> to <ref href="#section-58-4">(4)</ref>.</p></content></subsection><subsection eId="section-58-2"><num>(2)</num><content><p><mod>After section 23H (double taxation) insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><hcontainer name="crossheading" ukl:Name="Pblock"><heading>Carried interest</heading><section eId="d28e10663"><num>23I</num><heading>Tax treatment of carried interest</heading><subsection eId="d28e10667"><num>(1)</num><intro><p>This section applies where—</p></intro><level class="para1" eId="d28e10673"><num>(a)</num><content><p>an individual performs investment management services in any tax year directly or indirectly in respect of an investment scheme under any arrangements, and</p></content></level><level class="para1" eId="d28e10679"><num>(b)</num><content><p>under the arrangements, one or more sums of carried interest arise to the individual from an investment scheme in a tax year.</p></content></level></subsection><subsection eId="d28e10685"><num>(2)</num><intro><p>For income tax purposes—</p></intro><level class="para1"><num>(a)</num><content><p>the individual is treated as carrying on a trade, by virtue of the arrangements, for the tax year referred to in <ref href="#d28e10667">subsection (1)</ref><ref href="#d28e10679">(b)</ref>,</p></content></level><level class="para1" eId="d28e10702"><num>(b)</num><content><p>the amount to be treated as the profits of the trade for that tax year is the sum of the non-qualifying profits of the trade and 72.5% of the qualifying profits of the trade (see <ref href="#d28e10717">subsection (3)</ref>), and</p></content></level><level class="para1"><num>(c)</num><content><p>the individual is treated as the person receiving or entitled to those profits.</p></content></level></subsection><subsection eId="d28e10717"><num>(3)</num><intro><p>In <ref href="#d28e10685">subsection (2)</ref><ref href="#d28e10702">(b)</ref>—</p></intro><level class="para1" eId="d28e10728"><num>(a)</num><intro><p>the amount of the non-qualifying profits of the trade is—</p></intro><level class="para2"><num>(i)</num><content><p>the total amount of carried interest arising to the individual from any investment scheme in the tax year under the arrangements that is not qualifying carried interest, minus</p></content></level><level class="para2"><num>(ii)</num><content><p>the proportion of any permitted deduction for the tax year (see section <ref href="#d28e11277">23N</ref>) that is the same as the proportion of the total amount of carried interest that is not qualifying carried interest;</p></content></level></level><level class="para1" eId="d28e10749"><num>(b)</num><intro><p>the amount of the qualifying profits of the trade is—</p></intro><level class="para2"><num>(i)</num><content><p>the total amount of qualifying carried interest arising to the individual from any investment scheme in the tax year under the arrangements, minus</p></content></level><level class="para2"><num>(ii)</num><content><p>the proportion of any permitted deduction for the tax year that is the same as the proportion of the total amount of carried interest that is qualifying carried interest.</p></content></level></level></subsection><subsection><num>(4)</num><intro><p>In <ref href="#d28e63902">Schedule A1</ref>—</p></intro><level class="para1"><num>(a)</num><content><p><ref href="#d28e63911">Part 1</ref> explains what it means for a sum arising to an individual from an investment scheme under arrangements to be “<term refersTo="#term-carried-interest">carried interest</term>” for the purposes of this group of sections and that Schedule;</p></content></level><level class="para1"><num>(b)</num><content><p><ref href="#d28e64460">Part 2</ref> sets out certain circumstances in which a sum arising to another person is treated as arising to the individual;</p></content></level><level class="para1"><num>(c)</num><content><p><ref href="#d28e65102">Part 3</ref> sets out how to determine the extent to which carried interest arising to an individual from an investment scheme is qualifying carried interest;</p></content></level><level class="para1"><num>(d)</num><content><p><ref href="#d28e68329">Part 4</ref> allows for an election to be made to treat carried interest as arising at an earlier time.</p></content></level></subsection><subsection><num>(5)</num><intro><p>A sum of carried interest arising to an individual from an investment scheme in a tax year is to be treated for the purposes of this section as not being a sum of carried interest to the extent that—</p></intro><level class="para1"><num>(a)</num><content><p>it is chargeable to income tax on the individual by virtue of section 62 (earnings) or Part 7 of ITEPA 2003 (employment income relating to securities) in the tax year, or</p></content></level><level class="para1"><num>(b)</num><content><p>an election made under <ref href="#d28e10835">section 23J</ref> that has effect for the tax year applies in relation to the sum.</p></content></level></subsection></section><section eId="d28e10835"><num>23J</num><heading>Election to disapply section 23I</heading><subsection><num>(1)</num><content><p>An individual who performs investment management services directly or indirectly in respect of an investment scheme under arrangements mentioned in <ref href="#d28e10663">section 23I</ref><ref href="#d28e10667">(1)</ref><ref href="#d28e10673">(a)</ref> may make an election under this section.</p></content></subsection><subsection><num>(2)</num><content><p>Where an election made under this section has effect for a tax year, the election applies in relation to a sum of carried interest arising to the individual under the arrangements in the tax year to the extent that the carried interest would, ignoring this group of sections, be brought into account in calculating the profits of a trade of the individual for the purposes of income tax for any tax year.</p></content></subsection><subsection><num>(3)</num><intro><p>An election made under this section—</p></intro><level class="para1"><num>(a)</num><content><p>must be made by notice given to an officer of Revenue and Customs, and</p></content></level><level class="para1"><num>(b)</num><content><p>may not be revoked.</p></content></level></subsection><subsection><num>(4)</num><intro><p>A notice making an election—</p></intro><level class="para1"><num>(a)</num><content><p>must state the tax year for which it is to have effect, and</p></content></level><level class="para1"><num>(b)</num><content><p>may not be given after 31 January following the end of that tax year.</p></content></level></subsection></section><section eId="d28e10900"><num>23K</num><heading>Location of trade treated as carried on under <ref href="#d28e10663">section 23I</ref> etc</heading><subsection><num>(1)</num><intro><p>An individual who is treated as carrying on a trade for a tax year under <ref href="#d28e10663">section 23I</ref> is treated as carrying on the trade—</p></intro><level class="para1"><num>(a)</num><content><p>wholly in the United Kingdom, if all of the applicable workdays are UK workdays;</p></content></level><level class="para1"><num>(b)</num><content><p>wholly outside the United Kingdom, if all of the applicable workdays are not UK workdays;</p></content></level><level class="para1"><num>(c)</num><content><p>otherwise, partly in the United Kingdom and partly outside the United Kingdom.</p></content></level></subsection><subsection eId="d28e10931"><num>(2)</num><content><p>Where the trade is treated as carried on partly in the United Kingdom and partly outside the United Kingdom, the amount to be treated as the profits arising from the part of the trade treated as carried on in the United Kingdom is the sum of the non-qualifying profits of that part of the trade and 72.5% of the qualifying profits of that part of the trade.</p></content></subsection><subsection eId="d28e10937"><num>(3)</num><intro><p>In <ref href="#d28e10931">subsection (2)</ref>—</p></intro><level class="para1" eId="d28e10946"><num>(a)</num><content><p>the amount of the non-qualifying profits of the part of the trade treated as carried on in the United Kingdom is the proportion of the non-qualifying profits of the trade (determined in accordance with <ref href="#d28e10663">section 23I</ref><ref href="#d28e10717">(3)</ref><ref href="#d28e10728">(a)</ref>) that is the same as the proportion of the applicable workdays that are UK workdays (but see <ref href="#d28e10978">subsection (4)</ref>);</p></content></level><level class="para1" eId="d28e10962"><num>(b)</num><content><p>the amount of the qualifying profits of the part of the trade treated as carried on in the United Kingdom is the proportion of the qualifying profits of the trade (determined in accordance with <ref href="#d28e10663">section 23I</ref><ref href="#d28e10717">(3)</ref><ref href="#d28e10749">(b)</ref>) that is the same as the proportion of the applicable workdays that are UK workdays (but see <ref href="#d28e11003">subsection (5)</ref>).</p></content></level></subsection><subsection eId="d28e10978"><num>(4)</num><intro><p>For the purposes of <ref href="#d28e10937">subsection (3)</ref><ref href="#d28e10946">(a)</ref> in a case where—</p></intro><level class="para1"><num>(a)</num><content><p>the individual is a non-UK resident for the tax year, and</p></content></level><level class="para1"><num>(b)</num><content><p>any of the non-qualifying profits of the trade are anticipated qualifying profits,</p></content></level><wrapUp><p>any UK workday in a non-UK tax year is not to be treated as a UK workday (but remains an applicable workday) for the purposes of determining the proportion of the anticipated qualifying profits that is an amount of non-qualifying profits of the part of the trade treated as carried on in the United Kingdom.</p></wrapUp></subsection><subsection eId="d28e11003"><num>(5)</num><intro><p>For the purposes of <ref href="#d28e10937">subsection (3)</ref><ref href="#d28e10962">(b)</ref> in a case where the individual is a non-UK resident for the tax year, the following days are not to be treated as UK workdays (but remain applicable workdays)—</p></intro><level class="para1"><num>(a)</num><content><p>any UK workday prior to 30 October 2024;</p></content></level><level class="para1"><num>(b)</num><content><p>any UK workday in a non-UK tax year;</p></content></level><level class="para1"><num>(c)</num><content><p>any UK workday prior to a period of 3 or more non-UK tax years.</p></content></level></subsection><subsection eId="d28e11032"><num>(6)</num><intro><p>For the purposes of this section—</p></intro><level class="para1"><num>(a)</num><content><p>a day is an “applicable workday” if it is a day in the relevant period on which the individual performs any investment management services directly or indirectly in respect of an investment scheme (whether or not under the arrangements mentioned in <ref href="#d28e10663">section 23I</ref><ref href="#d28e10667">(1)</ref><ref href="#d28e10673">(a)</ref>);</p></content></level><level class="para1"><num>(b)</num><content><p>a day is a “UK workday” if it is a day in the relevant period on which the individual spends more than 3 hours performing any investment management services directly or indirectly in respect of an investment scheme (whether or not under those arrangements) in the United Kingdom;</p></content></level><level class="para1"><num>(c)</num><content><p>a year is a “non-UK tax year” if the individual is a non-UK resident for the tax year and there are fewer than 60 UK workdays in the year;</p></content></level><level class="para1"><num>(d)</num><content><p>non-qualifying profits are “anticipated qualifying profits” if, on the first UK workday in the relevant period, it was reasonable to assume that they would be qualifying profits.</p></content></level></subsection><subsection><num>(7)</num><intro><p>For the purposes of <ref href="#d28e11032">subsection (6)</ref> the “relevant period” is the period—</p></intro><level class="para1"><num>(a)</num><intro><p>beginning with the later of—</p></intro><level class="para2"><num>(i)</num><content><p>the day on which the first external investor was admitted to any scheme from which the individual is entitled to carried interest under the arrangements mentioned in <ref href="#d28e10663">section 23I</ref><ref href="#d28e10667">(1)</ref><ref href="#d28e10673">(a)</ref>, and</p></content></level><level class="para2"><num>(ii)</num><content><p>the first day on which the individual performs any investment management services directly or indirectly in respect of an investment scheme under the arrangements;</p></content></level></level><level class="para1"><num>(b)</num><intro><p>ending with the earlier of—</p></intro><level class="para2"><num>(i)</num><content><p>the last day in the tax year for which the individual was treated as carrying on the trade under <ref href="#d28e10663">section 23I</ref> on which a sum of carried interest arose to the individual from an investment scheme under the arrangements for the purposes of that section, and</p></content></level><level class="para2"><num>(ii)</num><content><p>the last day on which the individual performed any investment management services directly or indirectly in respect of an investment scheme under the arrangements.</p></content></level></level></subsection><subsection><num>(8)</num><intro><p>For the purposes of <ref href="#d28e11032">subsection (6)</ref>—</p></intro><level class="para1"><num>(a)</num><content><p>investment management services performed by an individual in the course of travelling to or from the United Kingdom by air or sea or via a tunnel under the sea are assumed to be performed overseas even during the part of the journey in or over the United Kingdom, and</p></content></level><level class="para1"><num>(b)</num><intro><p>travelling to or from the United Kingdom is taken to—</p></intro><level class="para2"><num>(i)</num><content><p>begin when the individual boards the aircraft, ship or train that is bound for a destination in the United Kingdom or (as the case may be) overseas, and</p></content></level><level class="para2"><num>(ii)</num><content><p>end when the individual disembarks from that aircraft, ship or train.</p></content></level></level></subsection></section><section><num>23L</num><heading>Carried interest arising where individual deceased</heading><subsection><num>(1)</num><intro><p>This section applies where—</p></intro><level class="para1"><num>(a)</num><content><p>the individual referred to in <ref href="#d28e10663">section 23I</ref><ref href="#d28e10667">(1)</ref><ref href="#d28e10673">(a)</ref>has died, and</p></content></level><level class="para1"><num>(b)</num><content><p>as a result, one or more sums that would have been sums of carried interest arising to the individual from an investment scheme under the arrangements arise instead to another person in a tax year.</p></content></level></subsection><subsection><num>(2)</num><intro><p>For the purposes of sections <ref href="#d28e10663">23I</ref> and <ref href="#d28e10900">23K</ref>—</p></intro><level class="para1"><num>(a)</num><content><p>the sums are treated as if they had arisen to the individual in the tax year in which they arose to the other person,</p></content></level><level class="para1"><num>(b)</num><content><p>the other person is treated as carrying on the trade under <ref href="#d28e10663">section 23I</ref> for that tax year (instead of the individual), and</p></content></level><level class="para1"><num>(c)</num><content><p>the other person is treated as the person receiving or entitled to the profits of that trade.</p></content></level></subsection></section><section eId="d28e11225"><num>23M</num><heading>Temporary non-UK residents: tax treatment of accrued carried interest gains</heading><subsection><num>(1)</num><content><p>This section applies where, on the disposal of an asset by an individual who was temporarily non-resident in tax year 2025-26 or earlier, a gain accrued to the individual in the temporary period of non-residence under section 103KA(2) or (3) of TCGA 1992 (as it then had effect).</p></content></subsection><subsection><num>(2)</num><intro><p>For income tax purposes—</p></intro><level class="para1"><num>(a)</num><content><p>the individual is treated as carrying on a trade for the period of return,</p></content></level><level class="para1"><num>(b)</num><content><p>the amount to be treated as the profits of the trade for the period of return is 72.5% of the amount of the gain which accrued to the individual in the temporary period of non-residence, and</p></content></level><level class="para1"><num>(c)</num><content><p>the individual is treated as the person receiving or entitled to those profits.</p></content></level></subsection><subsection><num>(3)</num><content><p>For the purposes of this section, “<term refersTo="#term-the-period-of-return">the period of return</term>”, “<term refersTo="#term-temporarily-non-resident">temporarily non-resident</term>” and “<term refersTo="#term-the-temporary-period-of-non-residence">the temporary period of non-residence</term>” have the meanings given by Part 4 of Schedule 45 to FA 2013 (statutory residence test: anti-avoidance).</p></content></subsection></section><section eId="d28e11277"><num>23N</num><heading>Permitted deduction etc</heading><subsection eId="d28e11281"><num>(1)</num><intro><p>For the purpose of <ref href="#d28e10663">section 23I</ref> the amount of any “permitted deduction” for a tax year is—</p></intro><level class="para1"><num>(a)</num><content><p>the amount of any consideration given by or on behalf of the individual wholly and exclusively for the entitlement to carried interest under the arrangements referred to in <ref href="#d28e10663">section 23I</ref><ref href="#d28e10667">(1)</ref><ref href="#d28e10673">(a)</ref>, minus</p></content></level><level class="para1"><num>(b)</num><content><p>the amount of any such consideration deducted in calculating the profits of a trade that the individual is treated as carrying on under <ref href="#d28e10663">section 23I</ref> for an earlier tax year by virtue of those arrangements.</p></content></level></subsection><subsection><num>(2)</num><content><p>In <ref href="#d28e11281">subsection (1)</ref>, “<term refersTo="#term-consideration">consideration</term>” means consideration in money or money’s worth but does not include the performance of any investment management services directly or indirectly in respect of an investment scheme.</p></content></subsection><subsection><num>(3)</num><content><p>For the purposes of this Act no other deduction may be made from the amount treated as the profits of the trade under <ref href="#d28e10663">section 23I</ref>.</p></content></subsection></section><section><num>23P</num><heading>Carried interest: anti-avoidance</heading><subsection><num>(1)</num><intro><p>In determining whether section <ref href="#d28e10663">23I</ref> applies in relation to an individual, no regard is to be had to any arrangements the main purpose, or one of the main purposes, of which is to secure that that section does not to any extent apply in relation to—</p></intro><level class="para1"><num>(a)</num><content><p>the individual, or</p></content></level><level class="para1"><num>(b)</num><content><p>the individual and one or more other individuals.</p></content></level></subsection><subsection><num>(2)</num><content><p>In determining whether an individual falls within <ref href="#d28e10673">paragraph (a)</ref> of <ref href="#d28e10663">section 23I</ref><ref href="#d28e10667">(1)</ref>, no regard is to be had to any arrangements the main purpose, or one of the main purposes, of which is to secure that the individual falls within that paragraph.</p></content></subsection></section><section eId="d28e11378"><num>23Q</num><heading>Carried interest: avoidance of double taxation</heading><subsection><num>(1)</num><intro><p>Subsection <ref href="#d28e11410">(2)</ref> applies where—</p></intro><level class="para1"><num>(a)</num><content><p>an individual performs investment management services directly or indirectly in respect of an investment scheme under arrangements mentioned in <ref href="#d28e10663">section 23I</ref><ref href="#d28e10667">(1)</ref><ref href="#d28e10673">(a)</ref>, and</p></content></level><level class="para1"><num>(b)</num><content><p>the individual is entitled to carried interest under the arrangements.</p></content></level></subsection><subsection eId="d28e11410"><num>(2)</num><intro><p>No income tax is chargeable on the individual by virtue of the individual’s entitlement to carried interest other than—</p></intro><level class="para1"><num>(a)</num><intro><p>income tax chargeable in respect of carried interest arising to the individual under the arrangements—</p></intro><level class="para2"><num>(i)</num><content><p>by virtue of <ref href="#d28e10663">section 23I</ref> or <ref href="#d28e11225">23M</ref>,</p></content></level><level class="para2"><num>(ii)</num><content><p>by virtue of section 62 (earnings) or Part 7 of ITEPA 2003 (employment income relating to securities), or</p></content></level><level class="para2"><num>(iii)</num><content><p>where an election made under <ref href="#d28e10835">section 23J</ref> has effect for a tax year, otherwise under this Part, or</p></content></level></level><level class="para1"><num>(b)</num><intro><p>income tax chargeable in respect of—</p></intro><level class="para2"><num>(i)</num><content><p>the award of the entitlement to carried interest to the individual, or</p></content></level><level class="para2"><num>(ii)</num><content><p>the individual’s acquisition of the entitlement to carried interest,</p></content></level><wrapUp><p>whether by virtue of section 62 (earnings) or Part 7 of ITEPA 2003 (employment income relating to securities) or otherwise.</p></wrapUp></level></subsection><subsection eId="d28e11469"><num>(3)</num><intro><p>Subsection <ref href="#d28e11513">(4)</ref> applies where—</p></intro><level class="para1" eId="d28e11478"><num>(a)</num><content><p>an individual is chargeable to income tax and national insurance contributions by virtue of section <ref href="#d28e10663">23I</ref> or <ref href="#d28e11225">23M</ref> in respect of a sum of carried interest arising to the individual from an investment scheme, and</p></content></level><level class="para1" eId="d28e11490"><num>(b)</num><intro><p>at any time any other UK tax or national insurance contributions charged on any person—</p></intro><level class="para2"><num>(i)</num><content><p>in relation to the sum mentioned in <ref href="#d28e11478">paragraph (a)</ref>, or</p></content></level><level class="para2"><num>(ii)</num><content><p>or in respect of any person’s entitlement to that sum,</p></content></level><wrapUp><p>has or have been paid and not repaid.</p></wrapUp></level></subsection><subsection eId="d28e11513"><num>(4)</num><content><p>The individual may make a claim for one or more consequential adjustments to be made in respect of the profits chargeable by virtue of section <ref href="#d28e10663">23I</ref> or <ref href="#d28e11225">23M</ref> to take account of the amounts paid as mentioned in <ref href="#d28e11469">subsection (3)</ref><ref href="#d28e11490">(b)</ref>.</p></content></subsection><subsection><num>(5)</num><content><p>On a claim under this section an officer of Revenue and Customs must make such of the consequential adjustments claimed (if any) as are just and reasonable.</p></content></subsection><subsection><num>(6)</num><intro><p>Consequential adjustments in respect of the profits chargeable by virtue of section <ref href="#d28e10663">23I</ref> or <ref href="#d28e11225">23M</ref> must not have the effect that—</p></intro><level class="para1"><num>(a)</num><intro><p>the total of—</p></intro><level class="para2"><num>(i)</num><content><p>the amount of income tax and national insurance contributions charged on the adjusted profits by virtue of section <ref href="#d28e10663">23I</ref> or <ref href="#d28e11225">23M</ref>, and</p></content></level><level class="para2"><num>(ii)</num><content><p>any amounts paid as mentioned in <ref href="#d28e11469">subsection (3)</ref><ref href="#d28e11490">(b)</ref>, is less than</p></content></level></level><level class="para1"><num>(b)</num><content><p>the amount of income tax and national insurance contributions to which the individual was chargeable by virtue of section <ref href="#d28e10663">23I</ref> or <ref href="#d28e11225">23M</ref> in respect of the sum of carried interest before the making of any consequential adjustments.</p></content></level></subsection><subsection><num>(7)</num><intro><p>Consequential adjustments may be made—</p></intro><level class="para1"><num>(a)</num><content><p>in respect of any period,</p></content></level><level class="para1"><num>(b)</num><content><p>by way of an assessment, the modification of an assessment, the amendment of a claim, or otherwise, and</p></content></level><level class="para1"><num>(c)</num><content><p>despite any time limit imposed by or under an enactment.</p></content></level></subsection><subsection><num>(8)</num><content><p>In this section “<term refersTo="#term-uk-tax">UK tax</term>” means income tax, corporation tax, capital gains tax or inheritance tax.</p></content></subsection><subsection><num>(9)</num><content><p>For the purposes of section 9(2) of TIOPA 2010 (unilateral entitlement to credit for non-UK tax corresponding to capital gains tax), in a case where the capital gain mentioned in subsection (2)(b) of that section accrued on a sum of carried interest arising to an individual, the reference to capital gains tax calculated by reference to that gain is to be read as if it were a reference to income tax chargeable under section <ref href="#d28e10663">23I</ref> in respect of the sum of carried interest.</p></content></subsection></section><section eId="d28e11634"><num>23R</num><heading>Definitions</heading><subsection><num>(1)</num><intro><p>In this section, this group of sections and <ref href="#d28e63902">Schedule A1</ref>—</p></intro><hcontainer name="definition"><intro><p>“<term refersTo="#term-aif">AIF</term>” has the meaning given by regulation 3 of the Alternative Investment Fund Managers Regulations 2013 and includes—</p></intro><level class="para1"><num>(a)</num><content><p>arrangements which permit an external investor to participate in investments acquired by the AIF without participating in the AIF itself, and</p></content></level><level class="para1"><num>(b)</num><content><p>arrangements under which sums arise to an individual performing investment management services in respect of the AIF without those sums arising from the AIF itself;</p></content></level></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-arrangements">arrangements</term>” includes any agreement, understanding, scheme, transaction or series of transactions (whether or not legally enforceable);</p></content></hcontainer><hcontainer name="definition"><intro><p>“<term refersTo="#term-collective-investment-scheme">collective investment scheme</term>” has the meaning given by section 235 of FISMA 2000 and includes—</p></intro><level class="para1"><num>(a)</num><content><p>arrangements which permit an external investor to participate in investments acquired by the collective investment scheme without participating in the scheme itself, and</p></content></level><level class="para1"><num>(b)</num><content><p>arrangements under which sums arise to an individual performing investment management services in respect of the collective investment scheme without those sums arising from the scheme itself;</p></content></level></hcontainer><hcontainer name="definition"><intro><p>“<term refersTo="#term-external-investor">external investor</term>”, in relation to an investment scheme and any arrangements, means a participant in the scheme other than—</p></intro><level class="para1"><num>(a)</num><content><p>an individual who at any time performs or is to perform investment management services directly or indirectly in respect of the scheme, or</p></content></level><level class="para1"><num>(b)</num><content><p>a person through whom sums are to, or may, arise directly or indirectly to such an individual from the scheme under the arrangements;</p></content></level></hcontainer><hcontainer name="definition"><intro><p>“<term refersTo="#term-investment-management-services">investment management services</term>”, in relation to an investment scheme, includes—</p></intro><level class="para1"><num>(a)</num><content><p>the provision of investment advice,</p></content></level><level class="para1"><num>(b)</num><content><p>seeking funds for the purposes of the scheme from participants or potential participants,</p></content></level><level class="para1"><num>(c)</num><content><p>researching potential investments to be made for the purposes of the scheme,</p></content></level><level class="para1"><num>(d)</num><content><p>acquiring, managing or disposing of property for the purposes of the scheme,</p></content></level><level class="para1"><num>(e)</num><content><p>acting for the purposes of the scheme with a view to assisting a body in which the scheme has made an investment to raise funds, and</p></content></level><level class="para1"><num>(f)</num><content><p>any activity incidental or ancillary to any activity mentioned in paragraphs <ref href="#d28e11711">(a)</ref> to <ref href="#d28e11727">(e)</ref>;</p></content></level></hcontainer><hcontainer name="definition"><intro><p>“<term refersTo="#term-investment-scheme">investment scheme</term>” means—</p></intro><level class="para1"><num>(a)</num><content><p>a collective investment scheme, or</p></content></level><level class="para1"><num>(b)</num><content><p>an AIF, or any part of an AIF, that is not a collective investment scheme;</p></content></level></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-participant">participant</term>”, in relation to an investment scheme, means a person taking part in the scheme, whether by becoming the owner of, or of any part of, the property that is the subject of the scheme or otherwise;</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-sum">sum</term>” includes any money or money's worth (and other expressions are to be construed accordingly);</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-this-group-of-sections">this group of sections</term>” means sections <ref href="#d28e10663">23I</ref> to <ref href="#d28e11378">23Q</ref>.</p></content></hcontainer></subsection><subsection><num>(2)</num><intro><p>For the purposes of <ref href="#d28e10900">section 23K</ref> and <ref href="#d28e63902">Schedule A1</ref>, in determining what it is reasonable to assume in relation to an investment scheme, regard is to be had to all the circumstances including in particular any prospectus or other document which—</p></intro><level class="para1"><num>(a)</num><content><p>is made available to external investors in the investment scheme, and</p></content></level><level class="para1"><num>(b)</num><content><p>on which external investors may reasonably be supposed to have relied or been able to rely.</p></content></level></subsection></section></hcontainer></quotedStructure></mod></p></content></subsection><subsection eId="section-58-3"><num>(3)</num><content><p><mod>In section 7 (income charged), in subsection (1), after “section 23E(1)” insert <quotedText>“, <ref href="#d28e10663">section 23I</ref> or <ref href="#d28e11225">section 23M</ref>”</quotedText>.</mod></p></content></subsection><subsection eId="section-58-4"><num>(4)</num><intro><p>In section 845H (qualifying foreign income)—</p></intro><level class="para1" eId="section-58-4-a"><num>(a)</num><content><p><mod>in row 1 of the table at the end insert <quotedText>“other than profits of such a trade treated as carried on under <ref href="#d28e10663">section 23I</ref>”</quotedText>;</mod></p></content></level><level class="para1" eId="section-58-4-b"><num>(b)</num><content><p><mod>after row 1 of the table insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><tblock class="table" ukl:Orientation="portrait"><foreign><default:table xmlns="http://www.w3.org/1999/xhtml"><default:colgroup><default:col span="1" style="width:10%"/><default:col span="1" style="width:90%"/></default:colgroup><default:tbody><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">1A</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">72.5% of the amount of the qualifying profits (within the meaning of <ref href="#d28e10663">section 23I</ref>) of a trade treated as carried on under <ref href="#d28e10663">section 23I</ref> that do not arise from the part of a trade treated as carried on in the United Kingdom (see <ref href="#d28e10900">section 23K</ref>).
</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">1B</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">The foreign pre-arrival proportion of the non-qualifying profits (within the meaning of section 23I) of a trade treated as carried on under <ref href="#d28e10663">section 23I</ref>.</p><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">The foreign pre-arrival proportion is the proportion of the applicable workdays (within the meaning of <ref href="#d28e10900">section 23K</ref>) that fall within the pre-arrival period and are not UK workdays (within the meaning of <ref href="#d28e10900">section 23K</ref>).</p><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">The pre-arrival period is the period ending immediately before the individual became a qualifying new resident that consists only of tax years for which the individual was non-UK resident.</p></default:td></default:tr></default:tbody></default:table></foreign></tblock></quotedStructure></mod></p></content></level></subsection><subsection eId="section-58-5"><num>(5)</num><intro><p>In <ref href="#schedule-11">Schedule 11</ref>—</p></intro><level class="para1" eId="section-58-5-a"><num>(a)</num><content><p>Part 1 inserts Schedule A1 to ITTOIA 2005 (Carried interest: interpretation etc.);</p></content></level><level class="para1" eId="section-58-5-b"><num>(b)</num><content><p>Part 2 contains consequential and connected amendments.</p></content></level></subsection><subsection eId="section-58-6"><num>(6)</num><content><p>The amendments made by this section and that Schedule have effect for the tax year 2026-27 and subsequent tax years (but in relation to investment management services whenever performed).</p></content></subsection></section><section eId="section-59"><num>59</num><heading>Pensions: abolition of the lifetime allowance charge</heading><subsection eId="section-59-1"><num>(1)</num><content><p>Paragraph 134 of Schedule 9 to FA 2024 (power to make further provision in connection with the abolition of the lifetime allowance charge) is amended as follows.</p></content></subsection><subsection eId="section-59-2"><num>(2)</num><intro><p>In sub-paragraph (2)—</p></intro><level class="para1" eId="section-59-2-a"><num>(a)</num><content><p><mod>for paragraph (b) substitute—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><level class="para1"><num>(b)</num><content><p>have effect for the tax years 2024-25 and 2025-26 (as well as subsequent tax years);</p></content></level></quotedStructure><inline name="appendText">;</inline></mod></p></content></level><level class="para1" eId="section-59-2-b"><num>(b)</num><content><p><mod>in paragraph (d), at the end insert <quotedText><quotedText>“(including any provision that could be made under paragraph 133)”</quotedText></quotedText>.</mod></p></content></level></subsection><subsection eId="section-59-3"><num>(3)</num><content><p>In sub-paragraph (3) omit “that increase any person’s liability to tax”.</p></content></subsection><subsection eId="section-59-4"><num>(4)</num><content><p><mod>In sub-paragraph (4), for <quotedText>“5 April”</quotedText> substitute <quotedText><quotedText>“30 June”</quotedText></quotedText>.</mod></p></content></subsection></section><section eId="section-60"><num>60</num><heading>Collective money purchase schemes and Master Trust schemes</heading><subsection eId="section-60-1"><num>(1)</num><content><p><ref eId="c00090" href="https://www.legislation.gov.uk/ukpga/2004/12/part/4">Part 4</ref> of <ref eId="c00091" href="https://www.legislation.gov.uk/ukpga/2004/12/contents">FA 2004</ref> (pension schemes) is amended in accordance with subsections <ref href="#section-60-2">(2)</ref> to <ref href="#section-60-9">(9)</ref>.</p></content></subsection><subsection eId="section-60-2"><num>(2)</num><intro><p>In <ref eId="c00092" href="https://www.legislation.gov.uk/ukpga/2004/12/section/153">section 153</ref> (registration of pension schemes), in <ref eId="c00093" href="https://www.legislation.gov.uk/ukpga/2004/12/section/153">subsection (5)</ref>—</p></intro><level class="para1" eId="section-60-2-a"><num>(a)</num><content><p>omit the “or” at the end each of paragraphs (f), (g) and (h);</p></content></level><level class="para1" eId="section-60-2-b"><num>(b)</num><content><p><mod> at the end of <ref eId="c00094" href="https://www.legislation.gov.uk/ukpga/2004/12/section/153">paragraph (i)</ref> insert <quotedText startQuote="“">, or</quotedText><quotedStructure endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="default"><level class="para1"><num>(j)</num><content><p>the pension scheme is an unauthorised collective money purchase scheme.</p></content></level></quotedStructure></mod></p></content></level></subsection><subsection eId="section-60-3"><num>(3)</num><intro><p>In <ref eId="c00095" href="https://www.legislation.gov.uk/ukpga/2004/12/section/158">section 158</ref> (grounds for de-registration), in <ref eId="c00096" href="https://www.legislation.gov.uk/ukpga/2004/12/section/158">subsection (1)</ref>—</p></intro><level class="para1" eId="section-60-3-a"><num>(a)</num><content><p>omit the “or” at the end of each of paragraphs (ea), (f) and (g);</p></content></level><level class="para1" eId="section-60-3-b"><num>(b)</num><content><p><mod>in paragraph (h), after “that the” insert <quotedText>“pension”</quotedText>;</mod></p></content></level><level class="para1" eId="section-60-3-c"><num>(c)</num><content><p><mod>at the end of <ref eId="c00097" href="https://www.legislation.gov.uk/ukpga/2004/12/section/158">paragraph (h)</ref> insert <quotedText startQuote="“">, or</quotedText><quotedStructure endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="default"><level class="para1"><num>(i)</num><content><p>that the pension scheme is an unauthorised collective money purchase scheme.</p></content></level></quotedStructure></mod></p></content></level></subsection><subsection eId="section-60-4"><num>(4)</num><content><p><mod>For the italic heading before <ref eId="c00098" href="https://www.legislation.gov.uk/ukpga/2004/12/section/274ZA">section 274ZA</ref> substitute <quotedText>“Master Trust schemes, collective money purchase schemes etc”</quotedText>.</mod></p></content></subsection><subsection eId="section-60-5"><num>(5)</num><content><p><mod>Before <ref eId="c00099" href="https://www.legislation.gov.uk/ukpga/2004/12/section/274ZA">section 274ZA</ref> (but after the italic heading) insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><section eId="d28e12110"><num>274ZZA</num><heading>Master Trust schemes</heading><subsection><num>(1)</num><content><p>In this Part “<term refersTo="#term-master-trust-scheme">Master Trust scheme</term>” means (subject to <ref href="#d28e12129">subsections (2)</ref> to <ref href="#d28e12141">(4)</ref>) a Master Trust scheme within the meaning of PSA 2017 or PSA(NI) 2021.</p></content></subsection><subsection eId="d28e12129"><num>(2)</num><content><p>Any provision of PSA 2017 or PSA(NI) 2021 under which a reference to a Master Trust scheme does not include a section of it that is a collective money purchase scheme (within the meaning of that Act) does not apply for the purposes of subsection (1).</p></content></subsection><subsection><num>(3)</num><content><p>Section 1(2) of PSA 2017 and section 1(2) of PSA(NI) 2021 (which restrict the meaning of “Master Trust scheme” in the case of schemes that provide benefits other than money purchase benefits) do not apply for the purposes of subsection (1).</p></content></subsection><subsection eId="d28e12141"><num>(4)</num><content><p>Where, by virtue of section 40(2) of PSA 2017 or section 40(2) of PSA(NI) 2021, more than one pension scheme is treated as a single Master Trust scheme for the purposes of that Act, each of those pension schemes is a Master Trust scheme for the purposes of this Part.</p></content></subsection><subsection eId="d28e12147"><num>(5)</num><intro><p>For the purposes of this Part a pension scheme is an “unauthorised Master Trust scheme” if—</p></intro><level class="para1"><num>(a)</num><content><p>it is a Master Trust scheme the lawful operation of which, or of any section or part of which, requires authorisation under PSA 2017 or PSA(NI) 2021, or</p></content></level><level class="para1"><num>(b)</num><content><p>it is not a Master Trust scheme but, by virtue of section 40(1)(a) of PSA 2017 or section 40(1)(a) of PSA(NI) 2021, the lawful operation of the pension scheme, or of any section or part of it, requires authorisation under that Act,</p></content></level><wrapUp><p>and such authorisation has not been granted, or has been granted but has been withdrawn.</p></wrapUp></subsection><subsection><num>(6)</num><intro><p>In this section—</p></intro><hcontainer name="definition"><content><p>“<term refersTo="#term-psa-2017">PSA 2017</term>” means the Pension Schemes Act 2017;</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-psa(ni)-2021">PSA(NI) 2021</term>” means the Pension Schemes Act (Northern Ireland) 2021.</p></content></hcontainer></subsection></section><section eId="d28e12191"><num>274ZZB</num><heading>Collective money purchase schemes</heading><subsection eId="d28e12195"><num>(1)</num><content><p>In this Part “<term refersTo="#term-collective-money-purchase-scheme">collective money purchase scheme</term>” means (subject to <ref href="#d28e12207">subsection (2)</ref>) a collective money purchase scheme within the meaning of Part 1 or 2 of the Pension Schemes Act 2021.</p></content></subsection><subsection eId="d28e12207"><num>(2)</num><content><p>A reference in this Part to a collective money purchase scheme is, in relation to a relevant divided pension scheme, a reference to the pension scheme as a whole (and is not a reference to any of its sections considered separately).</p></content></subsection><subsection><num>(3)</num><content><p>In this section “<term refersTo="#term-relevant-divided-pension-scheme">relevant divided pension scheme</term>” means a pension scheme which is divided into sections at least one of which is a collective money purchase scheme under <ref href="#d28e12195">subsection (1)</ref>.</p></content></subsection><subsection eId="d28e12225"><num>(4)</num><intro><p>For the purposes of this Part a pension scheme is an “unauthorised collective money purchase scheme” if—</p></intro><level class="para1"><num>(a)</num><content><p>the lawful operation of the pension scheme, or (in the case of a relevant divided pension scheme) of any section of it, requires authorisation under <ref eId="c00100" href="https://www.legislation.gov.uk/ukpga/2021/1/part/1">Part 1</ref> or <ref eId="c00101" href="https://www.legislation.gov.uk/ukpga/2021/1/part/2">2</ref> of the <ref eId="c00102" href="https://www.legislation.gov.uk/ukpga/2021/1/contents">Pension Schemes Act 2021</ref>, and</p></content></level><level class="para1"><num>(b)</num><content><p>such authorisation has not been granted, or has been granted but has been withdrawn.</p></content></level></subsection></section><section eId="d28e12255"><num>274ZZC</num><heading>Power to make provision about collective money purchase schemes</heading><subsection><num>(1)</num><intro><p>The Commissioners for His Majesty’s Revenue and Customs may by regulations amend or otherwise modify any provision of this Part in its application in relation to—</p></intro><level class="para1"><num>(a)</num><content><p>a collective money purchase scheme, or</p></content></level><level class="para1"><num>(b)</num><content><p>any benefits payable, or arrangements, under such a pension scheme.</p></content></level></subsection><subsection><num>(2)</num><intro><p>Regulations under this section—</p></intro><level class="para1"><num>(a)</num><content><p>may make different provision for different cases;</p></content></level><level class="para1"><num>(b)</num><content><p>may include transitional or saving provision.</p></content></level></subsection></section></quotedStructure></mod></p></content></subsection><subsection eId="section-60-6"><num>(6)</num><intro><p><ref eId="c00103" href="https://www.legislation.gov.uk/ukpga/2004/12/section/274ZA">Section 274ZA</ref> (National Employment Savings Trust and Master Trust schemes) is amended as follows—</p></intro><level class="para1" eId="section-60-6-a"><num>(a)</num><content><p><mod>for the heading substitute <quotedText>“Schemes treated as occupational pension schemes”</quotedText>;</mod></p></content></level><level class="para1" eId="section-60-6-b"><num>(b)</num><content><p><mod>after <ref eId="c00104" href="https://www.legislation.gov.uk/ukpga/2004/12/section/274ZA">subsection (2)</ref> insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><subsection><num>(3)</num><intro><p>This Part applies in relation to a pension scheme that—</p></intro><level class="para1"><num>(a)</num><content><p>is a collective money purchase scheme, and</p></content></level><level class="para1"><num>(b)</num><content><p>is not an occupational pension scheme,</p></content></level><wrapUp><p>as it applies in relation to an occupational pension scheme.</p></wrapUp></subsection></quotedStructure></mod></p></content></level></subsection><subsection eId="section-60-7"><num>(7)</num><content><p>In <ref eId="c00105" href="https://www.legislation.gov.uk/ukpga/2004/12/section/279">section 279</ref> (other definitions), omit <ref eId="c00106" href="https://www.legislation.gov.uk/ukpga/2004/12/section/279">subsections (1B) to (1D)</ref>.</p></content></subsection><subsection eId="section-60-8"><num>(8)</num><intro><p>In <ref eId="c00107" href="https://www.legislation.gov.uk/ukpga/2004/12/section/280">section 280</ref><ref eId="c00108" href="https://www.legislation.gov.uk/ukpga/2004/12/section/280">(2)</ref> (general index), in the table—</p></intro><level class="para1" eId="section-60-8-a"><num>(a)</num><content><p><mod>in the definition of “Master Trust scheme”, for the entry in the second column substitute <quotedText>“<ref href="#d28e12110">section 274ZZA</ref>”</quotedText>;</mod></p></content></level><level class="para1" eId="section-60-8-b"><num>(b)</num><content><p>omit the definition of “unauthorised (in relation to a Master Trust scheme)”;</p></content></level><level class="para1" eId="section-60-8-c"><num>(c)</num><content><p><mod>at the appropriate places insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><tblock class="table" ukl:Orientation="portrait"><foreign><default:table xmlns="http://www.w3.org/1999/xhtml"><default:colgroup><default:col style="width:70%"/><default:col style="width:30%"/></default:colgroup><default:tbody><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">collective money purchase scheme</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0"><ref href="#d28e12191">section 274ZZB</ref></p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">unauthorised collective money purchase scheme</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0"><ref href="#d28e12191">section 274ZZB</ref><ref href="#d28e12225">(4)</ref></p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">unauthorised Master Trust scheme</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0"><ref href="#d28e12110">section 274ZZA</ref><ref href="#d28e12147">(5)</ref></p></default:td></default:tr></default:tbody></default:table></foreign></tblock></quotedStructure><inline name="appendText">.</inline></mod></p></content></level></subsection><subsection eId="section-60-9"><num>(9)</num><content><p><mod>In <ref eId="c00109" href="https://www.legislation.gov.uk/ukpga/2004/12/section/282">section 282</ref> (orders and regulations), after <ref eId="c00110" href="https://www.legislation.gov.uk/ukpga/2004/12/section/282">subsection (1A)</ref> insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><subsection><num>(1B)</num><content><p>No regulations may be made under section <ref href="#d28e12255">274ZZC</ref> (power to make provision about collective money purchase schemes) that increase any person’s liability to tax unless a draft of the statutory instrument containing them has been laid before, and approved by a resolution of, the House of Commons.</p></content></subsection></quotedStructure></mod></p></content></subsection><subsection eId="section-60-10"><num>(10)</num><content><p><mod>In <ref eId="c00111" href="https://www.legislation.gov.uk/ukpga/2018/3/contents">FA 2018</ref>, in <ref eId="c00112" href="https://www.legislation.gov.uk/ukpga/2018/3/schedule/3">Schedule 3</ref> (pension schemes), in <ref eId="c00113" href="https://www.legislation.gov.uk/ukpga/2018/3/schedule/3/paragraph/4">paragraph 4</ref> (Master Trust schemes registered before passing of FA 2018), in <ref eId="c00114" href="https://www.legislation.gov.uk/ukpga/2018/3/schedule/3/paragraph/4">sub-paragraph (2)</ref>, for “Section 274B(2) of FA 2004 (as inserted by paragraph 1(5))” substitute <quotedText>“Section 274ZA(2) of FA 2004”</quotedText>.</mod></p></content></subsection></section><section eId="section-61"><num>61</num><heading>Corporate interest restriction: reporting companies</heading><subsection eId="section-61-1"><num>(1)</num><content><p>Schedule 7A to TIOPA 2010 (interest restriction returns) is amended as follows.</p></content></subsection><subsection eId="section-61-2"><num>(2)</num><content><p><mod>For paragraph 1 (appointment by a worldwide group of a reporting company) substitute—<quotedStructure startQuote="“" endQuote="”" uk:context="schedule" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="schedule" ukl:Format="double"><paragraph class="schProv1"><num>1</num><subparagraph><num>(1)</num><content><p>An interest restriction return for a period of account of a worldwide group is of no effect unless it is submitted to an officer of Revenue and Customs by the reporting company of the group for that period.</p></content></subparagraph><subparagraph><num>(2)</num><content><p>A member of a worldwide group may appoint a company to be the group’s reporting company for a period of account.</p></content></subparagraph><subparagraph><num>(3)</num><intro><p>The appointment is of no effect for the period of account unless—</p></intro><level class="para1"><num>(a)</num><content><p>the company to be appointed as the group’s reporting company for the period is an eligible company for that period, and</p></content></level><level class="para1"><num>(b)</num><content><p>the appointment is authorised by more than half of the eligible companies for that period.</p></content></level></subparagraph><subparagraph><num>(4)</num><intro><p>For this purpose a company is “eligible” if and only if the company—</p></intro><level class="para1"><num>(a)</num><content><p>was a UK group company at a time during the period of account, and</p></content></level><level class="para1"><num>(b)</num><content><p>was not dormant throughout that period.</p></content></level></subparagraph></paragraph></quotedStructure></mod></p></content></subsection><subsection eId="section-61-3"><num>(3)</num><content><p><mod>After that paragraph insert—<quotedStructure startQuote="“" endQuote="”" uk:context="schedule" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="schedule" ukl:Format="double"><hcontainer name="crossheading" class="schGroup7"><heading>Appointment of company where purported return submitted</heading><paragraph eId="d28e12545" class="schProv1"><num>1A</num><subparagraph><num>(1)</num><content><p>This paragraph applies where a company has purported to submit to an officer of Revenue and Customs a return for a period of account of a worldwide group despite the fact it had not been appointed for the period of account at the time at which it purported to submit the return.</p></content></subparagraph><subparagraph><num>(2)</num><content><p>A member of the group may, in accordance with paragraph 1, appoint the company as the group’s reporting company for the period of account.</p></content></subparagraph><subparagraph><num>(3)</num><intro><p>If an appointment is made as mentioned in sub-paragraph (2)—</p></intro><level class="para1"><num>(a)</num><content><p>the company is to be treated for the purposes of this Part of this Act as if it had been appointed under paragraph 1, and</p></content></level><level class="para1"><num>(b)</num><content><p>the appointment is to be treated for the purposes of this Part of this Act as if it had been made at the time immediately before the return (or, if more than one, the first return) for the period of account was submitted.</p></content></level></subparagraph><subparagraph><num>(4)</num><intro><p>But—</p></intro><level class="para1"><num>(a)</num><content><p>sub-paragraph (3) does not apply for the purposes of paragraph <ref href="#d28e12927">11A</ref>, and</p></content></level><level class="para1"><num>(b)</num><content><p>for the purposes of paragraph 6(2), the time of the appointment is taken to be the actual time at which the company was appointed as the group’s reporting company (rather than the time provided for by sub-paragraph (3)(b)).</p></content></level></subparagraph></paragraph></hcontainer></quotedStructure></mod></p></content></subsection><subsection eId="section-61-4"><num>(4)</num><content><p><mod>For paragraph 2 (revocation by worldwide group of appointment under paragraph 1), substitute—<quotedStructure startQuote="“" endQuote="”" uk:context="schedule" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="schedule" ukl:Format="double"><paragraph class="schProv1"><num>2</num><subparagraph><num>(1)</num><content><p>A member of a worldwide group may revoke an appointment previously made under paragraph 1 in relation to a period of account.</p></content></subparagraph><subparagraph><num>(2)</num><content><p>The revocation is of no effect for the period of account unless it is authorised by more than half of the eligible companies for that period.</p></content></subparagraph><subparagraph><num>(3)</num><intro><p>For this purpose a company is “eligible” if and only if the company—</p></intro><level class="para1"><num>(a)</num><content><p>was a UK group company at a time during the period of account, and</p></content></level><level class="para1"><num>(b)</num><content><p>was not dormant throughout that period.</p></content></level></subparagraph><subparagraph><num>(4)</num><content><p>The revocation of an appointment does not prevent the making of a further appointment under paragraph 1 (whether at the same time as the revocation, or later).</p></content></subparagraph></paragraph></quotedStructure></mod></p></content></subsection><subsection eId="section-61-5"><num>(5)</num><intro><p>In paragraph 4 (appointment of reporting company by Revenue and Customs)—</p></intro><level class="para1" eId="section-61-5-a"><num>(a)</num><content><p><mod>for sub-paragraph (1) substitute—<quotedStructure startQuote="“" endQuote="”" uk:context="schedule" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="schedule" ukl:Format="double"><subparagraph><num>(1)</num><content><p>This paragraph applies where no interest restriction return in relation to a period of account of a worldwide group (“the relevant period of account”) has been submitted to an officer of Revenue and Customs before the end of the period of 18 months beginning with the end of the relevant period of account.</p></content></subparagraph></quotedStructure><inline name="appendText">,</inline></mod></p></content></level><level class="para1" eId="section-61-5-b"><num>(b)</num><content><p><mod>in sub-paragraph (4), at the end insert <quotedText>“and supersedes any appointment of a reporting company in relation to that period made under paragraph 1”</quotedText>,</mod></p></content></level><level class="para1" eId="section-61-5-c"><num>(c)</num><content><p><mod>in sub-paragraph (5), after paragraph (b) insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><p>But the time limits provided by paragraph (a) or (b) do not apply where sub-paragraph (6A) applies.</p></quotedStructure><inline name="appendText">, and</inline></mod></p></content></level><level class="para1" eId="section-61-5-d"><num>(d)</num><content><p><mod>after sub-paragraph (6) insert—<quotedStructure startQuote="“" endQuote="”" uk:context="schedule" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="schedule" ukl:Format="double"><subparagraph><num>(6A)</num><intro><p>If—</p></intro><level class="para1"><num>(a)</num><content><p>a company has purported to submit to an officer of Revenue and Customs a return for the relevant period of account despite the fact it had not been appointed for that period at the time at which it purported to submit the return, and</p></content></level><level class="para1"><num>(b)</num><content><p>no appointment of the company as the group’s reporting company for that period has been made by a member of the group in reliance on paragraph <ref href="#d28e12545">1A</ref>,</p></content></level><wrapUp><p>an officer of Revenue and Customs may, by notice to the company, appoint it to be the group’s reporting company for that period, and sub-paragraphs (3) and (4) apply in relation to that notice and appointment.</p></wrapUp></subparagraph><subparagraph><num>(6B)</num><content><p>The company is to be treated for the purposes of this Part of this Act as if it had been appointed immediately before it submitted the return (or, if more than one, the first return) for the relevant period of account.</p></content></subparagraph><subparagraph><num>(6C)</num><intro><p>But—</p></intro><level class="para1"><num>(a)</num><content><p>sub-paragraph (6B) does not apply for the purposes of paragraph <ref href="#d28e12927">11A</ref>, and</p></content></level><level class="para1"><num>(b)</num><content><p>for the purposes of paragraph 6(2), the time of the appointment is taken to be the actual time at which the company was appointed as the group’s reporting company (rather than the time provided for by sub-paragraph (6B)).</p></content></level></subparagraph></quotedStructure></mod></p></content></level></subsection><subsection eId="section-61-6"><num>(6)</num><content><p>In paragraph 5 (appointment by officer of Revenue and Customs of replacement reporting company), in sub-paragraph (6)(a), omit sub-paragraph (ii) and the “and” before that sub-paragraph.</p></content></subsection><subsection eId="section-61-7"><num>(7)</num><intro><p>In paragraph 6 (obligation of reporting company to notify group members of its status)—</p></intro><level class="para1" eId="section-61-7-a"><num>(a)</num><content><p><mod>in sub-paragraph (2), for “the relevant time” substitute <quotedText>“the appointment is made”</quotedText>, and</mod></p></content></level><level class="para1" eId="section-61-7-b"><num>(b)</num><content><p>omit sub-paragraphs (3) and (4).</p></content></level></subsection><subsection eId="section-61-8"><num>(8)</num><intro><p>In paragraph 7 (obligation of reporting company to submit interest restriction return)—</p></intro><level class="para1" eId="section-61-8-a"><num>(a)</num><content><p><mod>for sub-paragraphs (1) to (3) substitute—<quotedStructure startQuote="“" endQuote="”" uk:context="schedule" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="schedule" ukl:Format="double"><subparagraph><num>(1)</num><content><p>A reporting company appointed under paragraph 1 in relation to a period of account may submit a return for that period to an officer of Revenue and Customs.</p></content></subparagraph><subparagraph><num>(2)</num><content><p>A reporting company appointed under paragraph 4 in relation to a period of account must submit a return for that period to an officer of Revenue and Customs.</p></content></subparagraph><subparagraph><num>(3)</num><content><p>A reporting company appointed under paragraph 5 in relation to a period of account must submit a return for that period to an officer of Revenue and Customs unless a return for the period has already been submitted under sub-paragraph (1) or (2) or this sub-paragraph.</p></content></subparagraph></quotedStructure><inline name="appendText">, and</inline></mod></p></content></level><level class="para1" eId="section-61-8-b"><num>(b)</num><content><p><mod>in sub-paragraph (6), for paragraph (b) substitute—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><level class="para1"><num>(b)</num><intro><p>if the reporting company was appointed under paragraph 4 or 5, the later of—</p></intro><level class="para2"><num>(i)</num><content><p>the period mentioned in paragraph (a), and</p></content></level><level class="para2"><num>(ii)</num><content><p>the end of the period of 3 months beginning with the day on which it was appointed.</p></content></level></level></quotedStructure></mod></p></content></level></subsection><subsection eId="section-61-9"><num>(9)</num><content><p><mod>Consequently, the italic heading before that paragraph becomes <quotedText>“<i>Submission of interest restriction returns by reporting companies</i>”</quotedText>.</mod></p></content></subsection><subsection eId="section-61-10"><num>(10)</num><content><p><mod>In paragraph 8 (revised interest restriction return), in sub-paragraph (3), for paragraph (b) substitute—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><level class="para1"><num>(b)</num><intro><p>if the reporting company was appointed under paragraph 4 or 5, the later of—</p></intro><level class="para2"><num>(i)</num><content><p>the period mentioned in paragraph (a), and</p></content></level><level class="para2"><num>(ii)</num><content><p>the end of the period of 3 months beginning with the day on which it was appointed.</p></content></level></level></quotedStructure></mod></p></content></subsection><subsection eId="section-61-11"><num>(11)</num><intro><p>In paragraph 10 (meaning of “<term refersTo="#term-consenting-company" eId="term-consenting-company">consenting company</term>” and “<term refersTo="#term-non-consenting-company" eId="term-non-consenting-company">non-consenting company</term>”)—</p></intro><level class="para1" eId="section-61-11-a"><num>(a)</num><intro><p>in sub-paragraph (2)—</p></intro><level class="para2" eId="section-61-11-a-i"><num>(i)</num><content><p><mod>in paragraph (a), for “the appropriate persons” substitute <quotedText>“the reporting company in relation to the period of account”</quotedText>, and</mod></p></content></level><level class="para2" eId="section-61-11-a-ii"><num>(ii)</num><content><p><mod>in paragraph (b), for “the appropriate persons” substitute <quotedText>“the reporting company”</quotedText>, and</mod></p></content></level></level><level class="para1" eId="section-61-11-b"><num>(b)</num><content><p>omit sub-paragraph (3).</p></content></level></subsection><subsection eId="section-61-12"><num>(12)</num><content><p>Omit paragraph 11 (company authorising reporting company appointment treated as consenting company) together with the italic cross-heading before it.</p></content></subsection><subsection eId="section-61-13"><num>(13)</num><content><p><mod>After paragraph 11 insert—<quotedStructure startQuote="“" endQuote="”" uk:context="schedule" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="schedule" ukl:Format="double"><hcontainer name="crossheading" class="schGroup7"><heading>Penalty for submission of return where no reporting company appointed</heading><paragraph eId="d28e12927" class="schProv1"><num>11A</num><subparagraph><num>(1)</num><content><p>A company is liable to a penalty if the company has purported to submit to an officer of Revenue and Customs a return for a period of account of a worldwide group in circumstances where it had not been appointed for the period of account at the time at which it submitted the return.</p></content></subparagraph><subparagraph><num>(2)</num><content><p>The penalty is £1,000.</p></content></subparagraph><subparagraph><num>(3)</num><intro><p>If a company becomes liable to a penalty under this paragraph, an officer of Revenue and Customs must—</p></intro><level class="para1"><num>(a)</num><content><p>assess the penalty, and</p></content></level><level class="para1"><num>(b)</num><content><p>notify the company.</p></content></level></subparagraph><subparagraph><num>(4)</num><content><p>The assessment must be made within the period of 12 months beginning with the day on which a company is (after the time mentioned in sub-paragraph (1)) appointed as the group’s reporting company for the period of account.</p></content></subparagraph><subparagraph><num>(5)</num><content><p>A company may, by notice, appeal against a decision of an officer of Revenue and Customs that a penalty is payable under this paragraph.</p></content></subparagraph><subparagraph><num>(6)</num><intro><p>Notice of appeal under this paragraph must be given—</p></intro><level class="para1"><num>(a)</num><content><p>within 30 days after the penalty was notified to the company,</p></content></level><level class="para1"><num>(b)</num><content><p>to the officer of Revenue and Customs who notified the company.</p></content></level></subparagraph><subparagraph><num>(7)</num><intro><p>A penalty under this paragraph must be paid before the end of the period of 30 days beginning with—</p></intro><level class="para1"><num>(a)</num><content><p>the day on which the company was notified of the penalty, or</p></content></level><level class="para1"><num>(b)</num><content><p>if notice of appeal against the penalty is given, the day on which the appeal is finally determined or withdrawn.</p></content></level></subparagraph></paragraph><paragraph class="schProv1"><num>11B</num><subparagraph><num>(1)</num><content><p>Liability to a penalty under paragraph <ref href="#d28e12927">11A</ref> does not arise if, in reliance on paragraph 1A, a company is, at any time up to the end of the period of 18 months after the end of the period of account, appointed as the group’s reporting company for the period of account.</p></content></subparagraph><subparagraph><num>(2)</num><intro><p>Liability to a penalty under paragraph <ref href="#d28e12927">11A</ref> also does not arise if—</p></intro><level class="para1"><num>(a)</num><content><p>without being prompted by an officer of Revenue and Customs to do so, the company notified an officer of Revenue and Customs of the circumstances mentioned in paragraph <ref href="#d28e12927">11A</ref>(1), or</p></content></level><level class="para1"><num>(b)</num><content><p>there is a reasonable excuse for failing to appoint a reporting company before the return was submitted.</p></content></level></subparagraph><subparagraph><num>(3)</num><content><p>If there is a reasonable excuse for the failure but the excuse has ceased, the excuse is to be treated as having continued if a reporting company is appointed without unreasonable delay after the excuse ceased.</p></content></subparagraph></paragraph></hcontainer></quotedStructure></mod></p></content></subsection><subsection eId="section-61-14"><num>(14)</num><intro><p>In paragraph 20 (required contents of interest restriction return: full returns and abbreviated returns)—</p></intro><level class="para1" eId="section-61-14-a"><num>(a)</num><intro><p>in sub-paragraph (3)—</p></intro><level class="para2" eId="section-61-14-a-i"><num>(i)</num><content><p><mod>before paragraph (a) insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><level class="para1"><num>(za)</num><content><p>state the name and (where it has one) the Unique Taxpayer Reference of the reporting company,</p></content></level></quotedStructure><inline name="appendText">,</inline></mod></p></content></level><level class="para2" eId="section-61-14-a-ii"><num>(ii)</num><content><p><mod>in paragraph (c), at the end insert <quotedText>“and whether it authorised the appointment of the reporting company for the period of account”</quotedText>, and</mod></p></content></level><level class="para2" eId="section-61-14-a-iii"><num>(iii)</num><content><p><mod>after that paragraph insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><level class="para1"><num>(ca)</num><content><p>contain a statement that each of the companies authorising the appointment of the reporting company was an eligible company and that they together constituted more than half of the eligible companies,</p></content></level></quotedStructure><inline name="appendText">, and</inline></mod></p></content></level></level><level class="para1" eId="section-61-14-b"><num>(b)</num><content><p><mod>in sub-paragraph (5), for “(a) to (c)” substitute <quotedText>“(za) to (ca)”</quotedText>.</mod></p></content></level></subsection><subsection eId="section-61-15"><num>(15)</num><intro><p>In paragraph 29 (penalty for failure to deliver return)—</p></intro><level class="para1" eId="section-61-15-a"><num>(a)</num><content><p><mod>in sub-paragraph (1)(a), at the beginning insert <quotedText>“submits or”</quotedText>, and</mod></p></content></level><level class="para1" eId="section-61-15-b"><num>(b)</num><content><p><mod>for sub-paragraph (4) substitute—<quotedStructure startQuote="“" endQuote="”" uk:context="schedule" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="schedule" ukl:Format="double"><subparagraph><num>(4)</num><intro><p>The assessment must be made—</p></intro><level class="para1"><num>(a)</num><content><p>within the period of 12 months beginning with the day on which the return was received by an officer of Revenue and Customs, or</p></content></level><level class="para1"><num>(b)</num><content><p>if no return is received by an officer of Revenue and Customs, the period of 12 months beginning with the filing date mentioned in sub-paragraph (1)(b).</p></content></level></subparagraph></quotedStructure></mod></p></content></level></subsection><subsection eId="section-61-16"><num>(16)</num><content><p><mod>In paragraph 44 (enquiry into return for wrong period or wrong group)—<quotedStructure startQuote="“" endQuote="”" uk:context="schedule" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="schedule" ukl:Format="double"><subparagraph><num>(1A)</num><content><p>Sub-paragraph (1) applies even if the company submitting the return had not been appointed as a reporting company for the period of account for which the return was submitted; and references to a reporting company in paragraph 40, and elsewhere in this Schedule where the context is an enquiry into the return, are to the company who submitted the return.</p></content></subparagraph></quotedStructure></mod></p></content></subsection><subsection eId="section-61-17"><num>(17)</num><content><p><mod>In paragraph 56 (power of Revenue and Customs to make determinations where no return filed etc), in sub-paragraph (4)(a), after “has effect” insert <quotedText>“under paragraph 4 or 5”</quotedText>.</mod></p></content></subsection><subsection eId="section-61-18"><num>(18)</num><content><p><mod>In paragraph 61 (provision of information between members of group where no reporting company appointed), for sub-paragraph (2) substitute—<quotedStructure startQuote="“" endQuote="”" uk:context="schedule" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="schedule" ukl:Format="double"><subparagraph><num>(2)</num><content><p>Condition A is that no appointment of a reporting company in relation to the period of account has been made before the end of the period of 12 months beginning with the end of the period of account.</p></content></subparagraph></quotedStructure></mod></p></content></subsection><subsection eId="section-61-19"><num>(19)</num><content><p>The amendment made by subsection <ref href="#section-61-3">(3)</ref> has effect in relation to periods of account ending on or after 31 March 2024 (except so far as it relates to the new paragraph 11A of Schedule 7A to TIOPA 2010).</p></content></subsection><subsection eId="section-61-20"><num>(20)</num><content><p>The amendments made by subsection <ref href="#section-61-14">(14)</ref> have effect in accordance with provision made by regulations made by the Commissioners for His Majesty’s Revenue and Customs.</p></content></subsection><subsection eId="section-61-21"><num>(21)</num><content><p>The remaining amendments made by this section have effect in relation to periods of account ending on or after 31 March 2026.</p></content></subsection></section><section eId="section-62"><num>62</num><heading>Corporate interest restriction: capital expenditure and tax-EBITDA calculation</heading><subsection eId="section-62-1"><num>(1)</num><intro><p>In section 407 of TIOPA 2010 (amounts not brought into account in determining a company’s tax-EBITDA)—</p></intro><level class="para1" eId="section-62-1-a"><num>(a)</num><content><p><mod>in subsection (1)(b) (allowances or charges under CAA 2001), at the end insert <quotedText>“or capital expenditure for which a deduction is given under a relevant enactment”</quotedText>, and</mod></p></content></level><level class="para1" eId="section-62-1-b"><num>(b)</num><content><p><mod>after subsection (1) insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><subsection><num>(1A)</num><intro><p>For the purposes of subsection (1)(b) “<term refersTo="#term-relevant-enactment">relevant enactment</term>” means—</p></intro><level class="para1"><num>(a)</num><content><p>section 86A of CTA 2009 (contributions to flood and coastal erosion risk management projects);</p></content></level><level class="para1"><num>(b)</num><content><p>section 142 of CTA 2009 (waste disposal site preparation expenditure);</p></content></level><level class="para1"><num>(c)</num><content><p>section 145 of CTA 2009 (waste disposal site restoration payments);</p></content></level><level class="para1"><num>(d)</num><content><p>section 147 of CTA 2009 (cemeteries and crematoria).</p></content></level></subsection></quotedStructure></mod></p></content></level></subsection><subsection eId="section-62-2"><num>(2)</num><content><p>The amendments made by this section have effect in relation to periods of account ending on or after 31 December 2021.</p></content></subsection><subsection eId="section-62-3"><num>(3)</num><content><p>An interest restriction return which is revised to take account of the amendments made by this section is, despite paragraph 8(3) of Schedule 7A to TIOPA 2010, of effect if the revised return is received by an officer of Revenue and Customs before 1 October 2026.</p></content></subsection></section><section eId="section-63"><num>63</num><heading>Avoidance schemes involving certain non-derecognition liabilities</heading><subsection eId="section-63-1"><num>(1)</num><content><p><mod>In Part 20 of CTA 2009 (general calculation rules), in Chapter 1 (restriction of deductions), after section 1305A insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><section><num>1305B</num><heading>Avoidance schemes involving certain non-derecognition liabilities</heading><subsection eId="d28e13306"><num>(1)</num><intro><p>This section applies if—</p></intro><level class="para1" eId="d28e13312"><num>(a)</num><content><p>assets (“the underlying assets”) are transferred to a relevant entity,</p></content></level><level class="para1" eId="d28e13318"><num>(b)</num><intro><p>for accounting purposes following the transfer—</p></intro><level class="para2" eId="d28e13324"><num>(i)</num><content><p>the underlying assets continue to be recognised to any extent by a member of the transferor group, and</p></content></level><level class="para2" eId="d28e13330"><num>(ii)</num><content><p>a liability is also recognised by a member of the transferor group in connection with the underlying assets or otherwise in connection with the transfer,</p></content></level></level><level class="para1" eId="d28e13336"><num>(c)</num><content><p>in calculating a company’s profits for corporation tax purposes a deduction would (ignoring this section) be allowed for a loss, expense or debit in connection with the liability mentioned in paragraph <ref href="#d28e13318">(b)</ref><ref href="#d28e13330">(ii)</ref>, and</p></content></level><level class="para1" eId="d28e13347"><num>(d)</num><content><p>the loss, expense or debit arises, to any extent, as a result of arrangements (whether or not they are or include the transfer mentioned in paragraph <ref href="#d28e13312">(a)</ref>) where the main purpose, or one of the main purposes, of any party to the arrangements in being a party to them is to secure a tax advantage for any person.</p></content></level></subsection><subsection><num>(2)</num><content><p>The deduction mentioned in subsection <ref href="#d28e13306">(1)</ref><ref href="#d28e13336">(c)</ref> is not allowed so far as it is attributable on a just and reasonable apportionment to the purpose mentioned in subsection <ref href="#d28e13306">(1)</ref><ref href="#d28e13347">(d)</ref>.</p></content></subsection><subsection><num>(3)</num><intro><p>For the purposes of the condition in <ref href="#d28e13306">subsection (1)</ref><ref href="#d28e13318">(b)</ref> it does not matter whether the assets recognised as mentioned in subsection <ref href="#d28e13306">(1)</ref><ref href="#d28e13318">(b)</ref><ref href="#d28e13324">(i)</ref> and the liability recognised as mentioned in <ref href="#d28e13306">subsection (1)</ref><ref href="#d28e13318">(b)</ref><ref href="#d28e13330">(ii)</ref>—</p></intro><level class="para1"><num>(a)</num><content><p>are recognised immediately after the transfer or only later;</p></content></level><level class="para1"><num>(b)</num><content><p>are first recognised at the same time or at different times;</p></content></level><level class="para1"><num>(c)</num><content><p>are recognised by the same member of the transferor group as they were before the transfer.</p></content></level></subsection><subsection><num>(4)</num><intro><p>For the purposes of subsection <ref href="#d28e13306">(1)</ref> the circumstances in which assets are “transferred” to a relevant entity include circumstances in which—</p></intro><level class="para1"><num>(a)</num><content><p>a right to income deriving from the assets is transferred to the relevant entity;</p></content></level><level class="para1"><num>(b)</num><content><p>a contract is entered into to pay the relevant entity income deriving from the assets;</p></content></level><level class="para1"><num>(c)</num><content><p>the assets, or income deriving from them, come to be held in trust for the benefit of the relevant entity.</p></content></level></subsection><subsection><num>(5)</num><intro><p>In this section—</p></intro><hcontainer name="definition"><content><p>“<term refersTo="#term-arrangements">arrangements</term>” includes any scheme, arrangement or understanding of any kind, whether or not legally enforceable, involving a single transaction or two or more transactions;</p></content></hcontainer><hcontainer name="definition"><intro><p>“<term refersTo="#term-member-of-the-transferor-group">member of the transferor group</term>” means any of the following—</p></intro><level class="para1"><num>(a)</num><content><p>the person who transferred the underlying assets as mentioned in subsection <ref href="#d28e13306">(1)</ref><ref href="#d28e13312">(a)</ref>;</p></content></level><level class="para1"><num>(b)</num><content><p>a company that is connected with the person mentioned in paragraph <ref href="#d28e13464">(a)</ref> and is not the relevant entity mentioned in subsection <ref href="#d28e13306">(1)</ref><ref href="#d28e13312">(a)</ref>;</p></content></level><level class="para1"><num>(c)</num><content><p>a transparent entity in which the person mentioned in paragraph <ref href="#d28e13464">(a)</ref> or a company falling within paragraph <ref href="#d28e13473">(b)</ref> has an interest;</p></content></level></hcontainer><hcontainer name="definition"><intro><p>“<term refersTo="#term-relevant-entity">relevant entity</term>” means—</p></intro><level class="para1"><num>(a)</num><content><p>a securitisation company within the meaning of Chapter 4 of Part 13 of CTA 2010, or</p></content></level><level class="para1"><num>(b)</num><content><p>any person that is a party to the same capital market arrangement (within the meaning of paragraph 1 of Schedule 2A to the Insolvency Act 1986) as such a company;</p></content></level></hcontainer><hcontainer name="definition"><intro><p>“<term refersTo="#term-transparent-entity">transparent entity</term>” means anything that—</p></intro><level class="para1"><num>(a)</num><content><p>may be treated as an entity for accounting purposes, and</p></content></level><level class="para1"><num>(b)</num><content><p>is not chargeable to corporation tax or income tax as a person (ignoring any exemptions).</p></content></level></hcontainer></subsection><subsection><num>(6)</num><content><p>The following apply for the purposes of this section—</p><blockList class="unordered none" ukl:Name="UnorderedList" ukl:Decoration="none"><item><p>section 1122 of CTA 2010 (“connected” persons)</p></item><item><p>section 1139 of CTA 2010 (“tax advantage”).</p></item></blockList></content></subsection></section></quotedStructure></mod></p></content></subsection><subsection eId="section-63-2"><num>(2)</num><content><p>The amendment made by this section has effect in relation to accounting periods beginning on or after 26 November 2025; and for that purpose an accounting period beginning before and ending on or after that date is treated as if so much of the period as falls before that date, and so much of the period as falls on or after that date, were separate accounting periods.</p></content></subsection></section><section eId="section-64"><num>64</num><heading>Energy (oil and gas) profits levy: decommissioning relief agreements</heading><subsection eId="section-64-1"><num>(1)</num><content><p><mod>In <ref eId="c00115" href="https://www.legislation.gov.uk/ukpga/2013/29/section/80">section 80</ref> of <ref eId="c00116" href="https://www.legislation.gov.uk/ukpga/2013/29/contents">FA 2013</ref> (decommissioning relief agreements), after <ref eId="c00117" href="https://www.legislation.gov.uk/ukpga/2013/29/section/80">subsection (4)</ref> insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><subsection><num>(4A)</num><content><p>No payment is to be made to a company under a decommissioning relief agreement by reference to the energy (oil and gas) profits levy.</p></content></subsection><subsection><num>(4B)</num><content><p>Every decommissioning relief agreement (whenever entered into) is to be read accordingly.</p></content></subsection></quotedStructure></mod></p></content></subsection><subsection eId="section-64-2"><num>(2)</num><content><p>The amendment made by <ref href="#section-190-1">subsection (1)</ref> has effect in relation to claims under decommissioning relief agreements made in relation to decommissioning expenditure incurred on or after 26 November 2025.</p></content></subsection></section></hcontainer></part>
<hcontainer xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" name="crossheading" ukl:Name="Pblock" eId="part-1-crossheading-income-tax-charge-rates-and-allowances"><heading>Income tax charge, rates and allowances</heading><section eId="section-1"><num>1</num><heading>Income tax charge for tax year 2026-27</heading><content><p>Income tax is charged for the tax year 2026-27.</p></content></section><section eId="section-2"><num>2</num><heading>Main rates of income tax for tax year 2026-27</heading><intro><p>For the tax year 2026-27 the main rates of income tax are as follows—</p></intro><level class="para1" eId="section-2-a"><num>(a)</num><content><p>the basic rate is 20%,</p></content></level><level class="para1" eId="section-2-b"><num>(b)</num><content><p>the higher rate is 40%, and</p></content></level><level class="para1" eId="section-2-c"><num>(c)</num><content><p>the additional rate is 45%.</p></content></level></section><section eId="section-3"><num>3</num><heading>Default and savings rates of income tax for tax year 2026-27</heading><subsection eId="section-3-1"><num>(1)</num><intro><p>For the tax year 2026-27 the default rates of income tax are as follows—</p></intro><level class="para1" eId="section-3-1-a"><num>(a)</num><content><p>the default basic rate is 20%,</p></content></level><level class="para1" eId="section-3-1-b"><num>(b)</num><content><p>the default higher rate is 40%, and</p></content></level><level class="para1" eId="section-3-1-c"><num>(c)</num><content><p>the default additional rate is 45%.</p></content></level></subsection><subsection eId="section-3-2"><num>(2)</num><intro><p>For the tax year 2026-27 the savings rates of income tax are as follows—</p></intro><level class="para1" eId="section-3-2-a"><num>(a)</num><content><p>the savings basic rate is 20%,</p></content></level><level class="para1" eId="section-3-2-b"><num>(b)</num><content><p>the savings higher rate is 40%, and</p></content></level><level class="para1" eId="section-3-2-c"><num>(c)</num><content><p>the savings additional rate is 45%.</p></content></level></subsection></section><section eId="section-4"><num>4</num><heading>Increase in dividend ordinary and upper rates</heading><subsection eId="section-4-1"><num>(1)</num><intro><p>In section 8 of ITA 2007 (which provides, among other things, for the dividend ordinary rate and dividend upper rate)—</p></intro><level class="para1" eId="section-4-1-a"><num>(a)</num><content><p><mod>in subsection (1) (the dividend ordinary rate), for “8.75%” substitute <quotedText>“10.75%”</quotedText>, and</mod></p></content></level><level class="para1" eId="section-4-1-b"><num>(b)</num><content><p><mod>in subsection (2) (the dividend upper rate), for “33.75%” substitute <quotedText>“35.75%”</quotedText>.</mod></p></content></level></subsection><subsection eId="section-4-2"><num>(2)</num><content><p>The amendments made by this section have effect for the tax year 2026-27 and subsequent tax years.</p></content></subsection></section><section eId="section-5"><num>5</num><heading>Savings rates of income tax for tax year 2027-28</heading><intro><p>For the tax year 2027-28 the savings rates of income tax are as follows—</p></intro><level class="para1" eId="section-5-a"><num>(a)</num><content><p>the savings basic rate is 22%,</p></content></level><level class="para1" eId="section-5-b"><num>(b)</num><content><p>the savings higher rate is 42%, and</p></content></level><level class="para1" eId="section-5-c"><num>(c)</num><content><p>the savings additional rate is 47%.</p></content></level></section><section eId="section-6"><num>6</num><heading>New rates of income tax on property income</heading><subsection eId="section-6-1"><num>(1)</num><content><p><ref eId="c00001" href="https://www.legislation.gov.uk/ukpga/2007/3/part/1">Part 1</ref> of <ref eId="c00002" href="https://www.legislation.gov.uk/ukpga/2007/3/contents">ITA 2007</ref> (rates at which income tax is charged etc) is amended as follows.</p></content></subsection><subsection eId="section-6-2"><num>(2)</num><content><p><mod>After <ref eId="c00003" href="https://www.legislation.gov.uk/ukpga/2007/3/section/6C">section 6C</ref> insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><section eId="d28e2309"><num>6D</num><heading>The property basic, higher and additional rates</heading><content><p>The property basic rate, the property higher rate and the property additional rate for a tax year are the rates determined as such by Parliament for the tax year.</p></content></section></quotedStructure></mod></p></content></subsection><subsection eId="section-6-3"><num>(3)</num><content><p><mod>After <ref eId="c00004" href="https://www.legislation.gov.uk/ukpga/2007/3/section/11C">section 11C</ref> insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><section eId="d28e2328"><num>11CA</num><heading>Income charged at the property basic, higher and additional rates: individuals</heading><subsection eId="d28e2332"><num>(1)</num><intro><p>Income tax is charged at the property basic rate on an individual’s income which—</p></intro><level class="para1"><num>(a)</num><content><p>is property income, and</p></content></level><level class="para1"><num>(b)</num><content><p>would otherwise be charged at the basic rate or the default basic rate.</p></content></level></subsection><subsection><num>(2)</num><intro><p>Income tax is charged at the property higher rate on an individual’s income which—</p></intro><level class="para1"><num>(a)</num><content><p>is property income, and</p></content></level><level class="para1"><num>(b)</num><content><p>would otherwise be charged at the higher rate or the default higher rate.</p></content></level></subsection><subsection eId="d28e2368"><num>(3)</num><intro><p>Income tax is charged at the property additional rate on an individual’s income which—</p></intro><level class="para1"><num>(a)</num><content><p>is property income, and</p></content></level><level class="para1"><num>(b)</num><content><p>would otherwise be charged at the additional rate or the default additional rate.</p></content></level></subsection><subsection><num>(4)</num><content><p>Subsections <ref href="#d28e2332">(1)</ref> to <ref href="#d28e2368">(3)</ref> are subject to—</p><blockList class="unordered none" ukl:Name="UnorderedList" ukl:Decoration="none"><item><p>section 11A (income charged at Scottish rates),</p></item><item><p>section 11CB (income charged at the Welsh property basic, higher and additional rates: individuals),</p></item><item><p>any other provisions of the Income Tax Acts which provide for income to be charged at different rates of income tax in some circumstances.</p></item></blockList></content></subsection><subsection><num>(5)</num><content><p>Sections 16 and <ref href="#d28e2433">16A</ref> have effect for determining the extent to which an individual’s property income would otherwise be charged at the basic, higher or additional rate or the default basic, default higher or default additional rate.</p></content></subsection></section></quotedStructure></mod></p></content></subsection><subsection eId="section-6-4"><num>(4)</num><content><p><mod>After <ref eId="c00005" href="https://www.legislation.gov.uk/ukpga/2007/3/section/16">section 16</ref> insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><section eId="d28e2433"><num>16A</num><heading>Treatment of property income in hierarchy of total income</heading><subsection><num>(1)</num><intro><p>This section has effect for determining—</p></intro><level class="para1"><num>(a)</num><content><p>which part of a Scottish taxpayer’s income consists of property income,</p></content></level><level class="para1"><num>(b)</num><content><p>the rate at which income tax would be charged on a person’s property income apart from section <ref href="#d28e2328">11CA</ref>, and</p></content></level><level class="para1"><num>(c)</num><content><p>the rate at which income tax would be charged on the property income of a Welsh taxpayer apart from section <ref href="#d28e43119">11CB</ref>.</p></content></level></subsection><subsection><num>(2)</num><content><p>It also has effect for all other income tax purposes except for the purposes of sections 535 to 537 of ITTOIA 2005 (gains from contracts for life insurance etc: top slicing relief).</p></content></subsection><subsection><num>(3)</num><content><p>If a person has property income but no dividend income or savings income, the property income is treated as the highest part of the person’s total income.</p></content></subsection><subsection><num>(4)</num><intro><p>If a person—</p></intro><level class="para1"><num>(a)</num><content><p>has property income, and</p></content></level><level class="para1"><num>(b)</num><content><p>dividend income or savings income (or both dividend income and savings income),</p></content></level><wrapUp><p>the property income is treated as the part of the person’s total income immediately before the savings income or, if the person does not have savings income, immediately before the dividend income.</p></wrapUp></subsection></section></quotedStructure></mod></p></content></subsection><subsection eId="section-6-5"><num>(5)</num><content><p><mod>After <ref eId="c00006" href="https://www.legislation.gov.uk/ukpga/2007/3/section/17">section 17</ref> insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><section eId="d28e2512"><num>17A</num><heading>Meaning of “property income”</heading><subsection><num>(1)</num><content><p>This section applies for the purposes of the Income Tax Acts.</p></content></subsection><subsection><num>(2)</num><intro><p>“Property income” is income which is—</p></intro><level class="para1"><num>(a)</num><content><p>chargeable under Chapter 3 of Part 3 of ITTOIA 2005 (the profits of a UK property business or an overseas property business),</p></content></level><level class="para1"><num>(b)</num><content><p>chargeable under Chapter 7 of that Part (amounts treated as adjustment income under section 330),</p></content></level><level class="para1"><num>(c)</num><content><p>chargeable under Chapter 8 of that Part (rent receivable in connection with a UK section 12(4) concern),</p></content></level><level class="para1"><num>(d)</num><content><p>chargeable under Chapter 9 of that Part (rent receivable for UK electric-line wayleaves), and</p></content></level><level class="para1"><num>(e)</num><content><p>chargeable under Chapter 10 of that Part (post-cessation receipts arising from a UK property business).</p></content></level></subsection></section></quotedStructure></mod></p></content></subsection><subsection eId="section-6-6"><num>(6)</num><content><p><mod>In <ref eId="c00007" href="https://www.legislation.gov.uk/ukpga/2007/3/section/25">section 25</ref> (reliefs and allowances deductible at Steps 2 and 3: supplementary), after <ref eId="c00008" href="https://www.legislation.gov.uk/ukpga/2007/3/section/25">subsection (3)</ref> insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><subsection><num>(3A)</num><content><p>Subsection (2) is also subject to a requirement that the reliefs and allowances in Steps 2 and 3 must be deducted from components of income other than property income, savings income or dividend income (so far as it would otherwise be possible to do so) before they are deducted from property income, savings income or dividend income.</p></content></subsection></quotedStructure></mod></p></content></subsection><subsection eId="section-6-7"><num>(7)</num><content><p><ref href="#schedule-1">Schedule 1</ref> makes amendments in connection with, or otherwise related to, provision made by <ref href="#section-6">this section</ref> and <ref href="#section-5">section 5</ref> (including amendments concerning savings rates).</p></content></subsection><subsection eId="section-6-8"><num>(8)</num><content><p>The amendments made by <ref href="#section-6">this section</ref> and that Schedule have effect for the tax year 2027-28 and subsequent tax years.</p></content></subsection></section><section eId="section-7"><num>7</num><heading>Property rates of income tax for tax year 2027-28</heading><intro><p>For the tax year 2027-28 the property rates of income tax are as follows—</p></intro><level class="para1" eId="section-7-a"><num>(a)</num><content><p>the property basic rate is 22%,</p></content></level><level class="para1" eId="section-7-b"><num>(b)</num><content><p>the property higher rate is 42%, and</p></content></level><level class="para1" eId="section-7-c"><num>(c)</num><content><p>the property additional rate is 47%.</p></content></level></section><section eId="section-8"><num>8</num><heading>Scottish and Welsh property rates set by Scottish Parliament and Senedd</heading><subsection eId="section-8-1"><num>(1)</num><content><p>Schedule <ref href="#schedule-2">2</ref> makes provision for Scottish and Welsh property rates to be set by the Scottish Parliament and Senedd Cymru.</p></content></subsection><subsection eId="section-8-2"><num>(2)</num><content><p><ref href="#section-8">This section</ref> and <ref href="#schedule-2">that Schedule</ref> come into force on such day as the Treasury may by regulations appoint.</p></content></subsection><subsection eId="section-8-3"><num>(3)</num><intro><p>The amendments made by <ref href="#section-8">this section</ref> and <ref href="#schedule-2">that Schedule</ref> have effect in relation to—</p></intro><level class="para1" eId="section-8-3-a"><num>(a)</num><content><p>the tax year appointed by the Treasury by regulations, and</p></content></level><level class="para1" eId="section-8-3-b"><num>(b)</num><content><p>subsequent tax years.</p></content></level></subsection><subsection eId="section-8-4"><num>(4)</num><intro><p>The tax year appointed under <ref href="#section-8-3">subsection (3)</ref>—</p></intro><level class="para1" eId="section-8-4-a"><num>(a)</num><content><p>must be a tax year after the tax year 2026-27, and</p></content></level><level class="para1" eId="section-8-4-b"><num>(b)</num><content><p>must begin on or after the day appointed under subsection <ref href="#section-8-2">(2)</ref>.</p></content></level></subsection><subsection eId="section-8-5"><num>(5)</num><content><p>Regulations under <ref href="#section-8">this section</ref> may appoint different days for different purposes.</p></content></subsection><subsection eId="section-8-6"><num>(6)</num><content><p>For further provision about regulations under this section, see section 1014(1), (3) and (6)(b) of ITA 2007.</p></content></subsection></section><section eId="section-9"><num>9</num><heading>Freezing starting rate limit for savings for tax years 2026-27 to 2030-31</heading><subsection eId="section-9-1"><num>(1)</num><content><p>For the tax years 2026-27, 2027-28, 2028-29, 2029-30 and 2030-31, the amount specified in <ref eId="c00009" href="https://www.legislation.gov.uk/ukpga/2007/3/section/12">section 12</ref><ref eId="c00010" href="https://www.legislation.gov.uk/ukpga/2007/3/section/12">(3)</ref> of <ref eId="c00011" href="https://www.legislation.gov.uk/ukpga/2007/3/contents">ITA 2007</ref> (the starting rate limit for savings) is “£5,000”.</p></content></subsection><subsection eId="section-9-2"><num>(2)</num><content><p>Accordingly, <ref eId="c00012" href="https://www.legislation.gov.uk/ukpga/2007/3/section/21">section 21</ref> of <ref eId="c00013" href="https://www.legislation.gov.uk/ukpga/2007/3/contents">that Act</ref> (indexation) does not apply in relation to the starting rate limit for savings for any of those tax years.</p></content></subsection></section><section eId="section-10"><num>10</num><heading>Basic rate limit and personal allowance for tax years 2028-29 to 2030-31</heading><subsection eId="section-10-1"><num>(1)</num><content><p>Section 5 of FA 2021 (basic rate limit and personal allowance for tax years up to 2027-28) is amended as follows.</p></content></subsection><subsection eId="section-10-2"><num>(2)</num><content><p><mod>In subsection (1) (which specifies the basic rate limit in section 10(5) of ITA 2007 as £37,700 for tax years up to 2027-28), for “and 2027-28” substitute <quotedText>“, 2027-28, 2028-29, 2029-30 and 2030-31”</quotedText>.</mod></p></content></subsection><subsection eId="section-10-3"><num>(3)</num><content><p><mod>In subsection (2) (which specifies the personal allowance in section 35(1) of ITA 2007 as £12,570 for tax years up to 2027-28), for “and 2027-28” substitute <quotedText>“, 2027-28, 2028-29, 2029-30 and 2030-31”</quotedText>.</mod></p></content></subsection><subsection eId="section-10-4"><num>(4)</num><content><p><mod>In subsection (3) (which makes consequential provision preventing the uprating of those amounts for the affected tax years), in the words after paragraph (b), for “and 2027-28” substitute <quotedText>“, 2027-28, 2028-29, 2029-30 and 2030-31”</quotedText>.</mod></p></content></subsection></section></hcontainer>
<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-1"><num>1</num><heading>Income tax charge for tax year 2026-27</heading><content><p>Income tax is charged for the tax year 2026-27.</p></content></section>
<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-2"><num>2</num><heading>Main rates of income tax for tax year 2026-27</heading><intro><p>For the tax year 2026-27 the main rates of income tax are as follows—</p></intro><level class="para1" eId="section-2-a"><num>(a)</num><content><p>the basic rate is 20%,</p></content></level><level class="para1" eId="section-2-b"><num>(b)</num><content><p>the higher rate is 40%, and</p></content></level><level class="para1" eId="section-2-c"><num>(c)</num><content><p>the additional rate is 45%.</p></content></level></section>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-2-a"><num>(a)</num><content><p>the basic rate is 20%,</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-2-b"><num>(b)</num><content><p>the higher rate is 40%, and</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-2-c"><num>(c)</num><content><p>the additional rate is 45%.</p></content></level>
<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-3"><num>3</num><heading>Default and savings rates of income tax for tax year 2026-27</heading><subsection eId="section-3-1"><num>(1)</num><intro><p>For the tax year 2026-27 the default rates of income tax are as follows—</p></intro><level class="para1" eId="section-3-1-a"><num>(a)</num><content><p>the default basic rate is 20%,</p></content></level><level class="para1" eId="section-3-1-b"><num>(b)</num><content><p>the default higher rate is 40%, and</p></content></level><level class="para1" eId="section-3-1-c"><num>(c)</num><content><p>the default additional rate is 45%.</p></content></level></subsection><subsection eId="section-3-2"><num>(2)</num><intro><p>For the tax year 2026-27 the savings rates of income tax are as follows—</p></intro><level class="para1" eId="section-3-2-a"><num>(a)</num><content><p>the savings basic rate is 20%,</p></content></level><level class="para1" eId="section-3-2-b"><num>(b)</num><content><p>the savings higher rate is 40%, and</p></content></level><level class="para1" eId="section-3-2-c"><num>(c)</num><content><p>the savings additional rate is 45%.</p></content></level></subsection></section>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-3-1"><num>(1)</num><intro><p>For the tax year 2026-27 the default rates of income tax are as follows—</p></intro><level class="para1" eId="section-3-1-a"><num>(a)</num><content><p>the default basic rate is 20%,</p></content></level><level class="para1" eId="section-3-1-b"><num>(b)</num><content><p>the default higher rate is 40%, and</p></content></level><level class="para1" eId="section-3-1-c"><num>(c)</num><content><p>the default additional rate is 45%.</p></content></level></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-3-1-a"><num>(a)</num><content><p>the default basic rate is 20%,</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-3-1-b"><num>(b)</num><content><p>the default higher rate is 40%, and</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-3-1-c"><num>(c)</num><content><p>the default additional rate is 45%.</p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-3-2"><num>(2)</num><intro><p>For the tax year 2026-27 the savings rates of income tax are as follows—</p></intro><level class="para1" eId="section-3-2-a"><num>(a)</num><content><p>the savings basic rate is 20%,</p></content></level><level class="para1" eId="section-3-2-b"><num>(b)</num><content><p>the savings higher rate is 40%, and</p></content></level><level class="para1" eId="section-3-2-c"><num>(c)</num><content><p>the savings additional rate is 45%.</p></content></level></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-3-2-a"><num>(a)</num><content><p>the savings basic rate is 20%,</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-3-2-b"><num>(b)</num><content><p>the savings higher rate is 40%, and</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-3-2-c"><num>(c)</num><content><p>the savings additional rate is 45%.</p></content></level>
<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-4"><num>4</num><heading>Increase in dividend ordinary and upper rates</heading><subsection eId="section-4-1"><num>(1)</num><intro><p>In section 8 of ITA 2007 (which provides, among other things, for the dividend ordinary rate and dividend upper rate)—</p></intro><level class="para1" eId="section-4-1-a"><num>(a)</num><content><p><mod>in subsection (1) (the dividend ordinary rate), for “8.75%” substitute <quotedText>“10.75%”</quotedText>, and</mod></p></content></level><level class="para1" eId="section-4-1-b"><num>(b)</num><content><p><mod>in subsection (2) (the dividend upper rate), for “33.75%” substitute <quotedText>“35.75%”</quotedText>.</mod></p></content></level></subsection><subsection eId="section-4-2"><num>(2)</num><content><p>The amendments made by this section have effect for the tax year 2026-27 and subsequent tax years.</p></content></subsection></section>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-4-1"><num>(1)</num><intro><p>In section 8 of ITA 2007 (which provides, among other things, for the dividend ordinary rate and dividend upper rate)—</p></intro><level class="para1" eId="section-4-1-a"><num>(a)</num><content><p><mod>in subsection (1) (the dividend ordinary rate), for “8.75%” substitute <quotedText>“10.75%”</quotedText>, and</mod></p></content></level><level class="para1" eId="section-4-1-b"><num>(b)</num><content><p><mod>in subsection (2) (the dividend upper rate), for “33.75%” substitute <quotedText>“35.75%”</quotedText>.</mod></p></content></level></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-4-1-a"><num>(a)</num><content><p><mod>in subsection (1) (the dividend ordinary rate), for “8.75%” substitute <quotedText>“10.75%”</quotedText>, and</mod></p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-4-1-b"><num>(b)</num><content><p><mod>in subsection (2) (the dividend upper rate), for “33.75%” substitute <quotedText>“35.75%”</quotedText>.</mod></p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-4-2"><num>(2)</num><content><p>The amendments made by this section have effect for the tax year 2026-27 and subsequent tax years.</p></content></subsection>
<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-5"><num>5</num><heading>Savings rates of income tax for tax year 2027-28</heading><intro><p>For the tax year 2027-28 the savings rates of income tax are as follows—</p></intro><level class="para1" eId="section-5-a"><num>(a)</num><content><p>the savings basic rate is 22%,</p></content></level><level class="para1" eId="section-5-b"><num>(b)</num><content><p>the savings higher rate is 42%, and</p></content></level><level class="para1" eId="section-5-c"><num>(c)</num><content><p>the savings additional rate is 47%.</p></content></level></section>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-5-a"><num>(a)</num><content><p>the savings basic rate is 22%,</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-5-b"><num>(b)</num><content><p>the savings higher rate is 42%, and</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-5-c"><num>(c)</num><content><p>the savings additional rate is 47%.</p></content></level>
<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="section-6"><num>6</num><heading>New rates of income tax on property income</heading><subsection eId="section-6-1"><num>(1)</num><content><p><ref eId="c00001" href="https://www.legislation.gov.uk/ukpga/2007/3/part/1">Part 1</ref> of <ref eId="c00002" href="https://www.legislation.gov.uk/ukpga/2007/3/contents">ITA 2007</ref> (rates at which income tax is charged etc) is amended as follows.</p></content></subsection><subsection eId="section-6-2"><num>(2)</num><content><p><mod>After <ref eId="c00003" href="https://www.legislation.gov.uk/ukpga/2007/3/section/6C">section 6C</ref> insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><section eId="d28e2309"><num>6D</num><heading>The property basic, higher and additional rates</heading><content><p>The property basic rate, the property higher rate and the property additional rate for a tax year are the rates determined as such by Parliament for the tax year.</p></content></section></quotedStructure></mod></p></content></subsection><subsection eId="section-6-3"><num>(3)</num><content><p><mod>After <ref eId="c00004" href="https://www.legislation.gov.uk/ukpga/2007/3/section/11C">section 11C</ref> insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><section eId="d28e2328"><num>11CA</num><heading>Income charged at the property basic, higher and additional rates: individuals</heading><subsection eId="d28e2332"><num>(1)</num><intro><p>Income tax is charged at the property basic rate on an individual’s income which—</p></intro><level class="para1"><num>(a)</num><content><p>is property income, and</p></content></level><level class="para1"><num>(b)</num><content><p>would otherwise be charged at the basic rate or the default basic rate.</p></content></level></subsection><subsection><num>(2)</num><intro><p>Income tax is charged at the property higher rate on an individual’s income which—</p></intro><level class="para1"><num>(a)</num><content><p>is property income, and</p></content></level><level class="para1"><num>(b)</num><content><p>would otherwise be charged at the higher rate or the default higher rate.</p></content></level></subsection><subsection eId="d28e2368"><num>(3)</num><intro><p>Income tax is charged at the property additional rate on an individual’s income which—</p></intro><level class="para1"><num>(a)</num><content><p>is property income, and</p></content></level><level class="para1"><num>(b)</num><content><p>would otherwise be charged at the additional rate or the default additional rate.</p></content></level></subsection><subsection><num>(4)</num><content><p>Subsections <ref href="#d28e2332">(1)</ref> to <ref href="#d28e2368">(3)</ref> are subject to—</p><blockList class="unordered none" ukl:Name="UnorderedList" ukl:Decoration="none"><item><p>section 11A (income charged at Scottish rates),</p></item><item><p>section 11CB (income charged at the Welsh property basic, higher and additional rates: individuals),</p></item><item><p>any other provisions of the Income Tax Acts which provide for income to be charged at different rates of income tax in some circumstances.</p></item></blockList></content></subsection><subsection><num>(5)</num><content><p>Sections 16 and <ref href="#d28e2433">16A</ref> have effect for determining the extent to which an individual’s property income would otherwise be charged at the basic, higher or additional rate or the default basic, default higher or default additional rate.</p></content></subsection></section></quotedStructure></mod></p></content></subsection><subsection eId="section-6-4"><num>(4)</num><content><p><mod>After <ref eId="c00005" href="https://www.legislation.gov.uk/ukpga/2007/3/section/16">section 16</ref> insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><section eId="d28e2433"><num>16A</num><heading>Treatment of property income in hierarchy of total income</heading><subsection><num>(1)</num><intro><p>This section has effect for determining—</p></intro><level class="para1"><num>(a)</num><content><p>which part of a Scottish taxpayer’s income consists of property income,</p></content></level><level class="para1"><num>(b)</num><content><p>the rate at which income tax would be charged on a person’s property income apart from section <ref href="#d28e2328">11CA</ref>, and</p></content></level><level class="para1"><num>(c)</num><content><p>the rate at which income tax would be charged on the property income of a Welsh taxpayer apart from section <ref href="#d28e43119">11CB</ref>.</p></content></level></subsection><subsection><num>(2)</num><content><p>It also has effect for all other income tax purposes except for the purposes of sections 535 to 537 of ITTOIA 2005 (gains from contracts for life insurance etc: top slicing relief).</p></content></subsection><subsection><num>(3)</num><content><p>If a person has property income but no dividend income or savings income, the property income is treated as the highest part of the person’s total income.</p></content></subsection><subsection><num>(4)</num><intro><p>If a person—</p></intro><level class="para1"><num>(a)</num><content><p>has property income, and</p></content></level><level class="para1"><num>(b)</num><content><p>dividend income or savings income (or both dividend income and savings income),</p></content></level><wrapUp><p>the property income is treated as the part of the person’s total income immediately before the savings income or, if the person does not have savings income, immediately before the dividend income.</p></wrapUp></subsection></section></quotedStructure></mod></p></content></subsection><subsection eId="section-6-5"><num>(5)</num><content><p><mod>After <ref eId="c00006" href="https://www.legislation.gov.uk/ukpga/2007/3/section/17">section 17</ref> insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><section eId="d28e2512"><num>17A</num><heading>Meaning of “property income”</heading><subsection><num>(1)</num><content><p>This section applies for the purposes of the Income Tax Acts.</p></content></subsection><subsection><num>(2)</num><intro><p>“Property income” is income which is—</p></intro><level class="para1"><num>(a)</num><content><p>chargeable under Chapter 3 of Part 3 of ITTOIA 2005 (the profits of a UK property business or an overseas property business),</p></content></level><level class="para1"><num>(b)</num><content><p>chargeable under Chapter 7 of that Part (amounts treated as adjustment income under section 330),</p></content></level><level class="para1"><num>(c)</num><content><p>chargeable under Chapter 8 of that Part (rent receivable in connection with a UK section 12(4) concern),</p></content></level><level class="para1"><num>(d)</num><content><p>chargeable under Chapter 9 of that Part (rent receivable for UK electric-line wayleaves), and</p></content></level><level class="para1"><num>(e)</num><content><p>chargeable under Chapter 10 of that Part (post-cessation receipts arising from a UK property business).</p></content></level></subsection></section></quotedStructure></mod></p></content></subsection><subsection eId="section-6-6"><num>(6)</num><content><p><mod>In <ref eId="c00007" href="https://www.legislation.gov.uk/ukpga/2007/3/section/25">section 25</ref> (reliefs and allowances deductible at Steps 2 and 3: supplementary), after <ref eId="c00008" href="https://www.legislation.gov.uk/ukpga/2007/3/section/25">subsection (3)</ref> insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><subsection><num>(3A)</num><content><p>Subsection (2) is also subject to a requirement that the reliefs and allowances in Steps 2 and 3 must be deducted from components of income other than property income, savings income or dividend income (so far as it would otherwise be possible to do so) before they are deducted from property income, savings income or dividend income.</p></content></subsection></quotedStructure></mod></p></content></subsection><subsection eId="section-6-7"><num>(7)</num><content><p><ref href="#schedule-1">Schedule 1</ref> makes amendments in connection with, or otherwise related to, provision made by <ref href="#section-6">this section</ref> and <ref href="#section-5">section 5</ref> (including amendments concerning savings rates).</p></content></subsection><subsection eId="section-6-8"><num>(8)</num><content><p>The amendments made by <ref href="#section-6">this section</ref> and that Schedule have effect for the tax year 2027-28 and subsequent tax years.</p></content></subsection></section>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-6-1"><num>(1)</num><content><p><ref eId="c00001" href="https://www.legislation.gov.uk/ukpga/2007/3/part/1">Part 1</ref> of <ref eId="c00002" href="https://www.legislation.gov.uk/ukpga/2007/3/contents">ITA 2007</ref> (rates at which income tax is charged etc) is amended as follows.</p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="section-6-2"><num>(2)</num><content><p><mod>After <ref eId="c00003" href="https://www.legislation.gov.uk/ukpga/2007/3/section/6C">section 6C</ref> insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><section eId="d28e2309"><num>6D</num><heading>The property basic, higher and additional rates</heading><content><p>The property basic rate, the property higher rate and the property additional rate for a tax year are the rates determined as such by Parliament for the tax year.</p></content></section></quotedStructure></mod></p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="section-6-3"><num>(3)</num><content><p><mod>After <ref eId="c00004" href="https://www.legislation.gov.uk/ukpga/2007/3/section/11C">section 11C</ref> insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><section eId="d28e2328"><num>11CA</num><heading>Income charged at the property basic, higher and additional rates: individuals</heading><subsection eId="d28e2332"><num>(1)</num><intro><p>Income tax is charged at the property basic rate on an individual’s income which—</p></intro><level class="para1"><num>(a)</num><content><p>is property income, and</p></content></level><level class="para1"><num>(b)</num><content><p>would otherwise be charged at the basic rate or the default basic rate.</p></content></level></subsection><subsection><num>(2)</num><intro><p>Income tax is charged at the property higher rate on an individual’s income which—</p></intro><level class="para1"><num>(a)</num><content><p>is property income, and</p></content></level><level class="para1"><num>(b)</num><content><p>would otherwise be charged at the higher rate or the default higher rate.</p></content></level></subsection><subsection eId="d28e2368"><num>(3)</num><intro><p>Income tax is charged at the property additional rate on an individual’s income which—</p></intro><level class="para1"><num>(a)</num><content><p>is property income, and</p></content></level><level class="para1"><num>(b)</num><content><p>would otherwise be charged at the additional rate or the default additional rate.</p></content></level></subsection><subsection><num>(4)</num><content><p>Subsections <ref href="#d28e2332">(1)</ref> to <ref href="#d28e2368">(3)</ref> are subject to—</p><blockList class="unordered none" ukl:Name="UnorderedList" ukl:Decoration="none"><item><p>section 11A (income charged at Scottish rates),</p></item><item><p>section 11CB (income charged at the Welsh property basic, higher and additional rates: individuals),</p></item><item><p>any other provisions of the Income Tax Acts which provide for income to be charged at different rates of income tax in some circumstances.</p></item></blockList></content></subsection><subsection><num>(5)</num><content><p>Sections 16 and <ref href="#d28e2433">16A</ref> have effect for determining the extent to which an individual’s property income would otherwise be charged at the basic, higher or additional rate or the default basic, default higher or default additional rate.</p></content></subsection></section></quotedStructure></mod></p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="section-6-4"><num>(4)</num><content><p><mod>After <ref eId="c00005" href="https://www.legislation.gov.uk/ukpga/2007/3/section/16">section 16</ref> insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><section eId="d28e2433"><num>16A</num><heading>Treatment of property income in hierarchy of total income</heading><subsection><num>(1)</num><intro><p>This section has effect for determining—</p></intro><level class="para1"><num>(a)</num><content><p>which part of a Scottish taxpayer’s income consists of property income,</p></content></level><level class="para1"><num>(b)</num><content><p>the rate at which income tax would be charged on a person’s property income apart from section <ref href="#d28e2328">11CA</ref>, and</p></content></level><level class="para1"><num>(c)</num><content><p>the rate at which income tax would be charged on the property income of a Welsh taxpayer apart from section <ref href="#d28e43119">11CB</ref>.</p></content></level></subsection><subsection><num>(2)</num><content><p>It also has effect for all other income tax purposes except for the purposes of sections 535 to 537 of ITTOIA 2005 (gains from contracts for life insurance etc: top slicing relief).</p></content></subsection><subsection><num>(3)</num><content><p>If a person has property income but no dividend income or savings income, the property income is treated as the highest part of the person’s total income.</p></content></subsection><subsection><num>(4)</num><intro><p>If a person—</p></intro><level class="para1"><num>(a)</num><content><p>has property income, and</p></content></level><level class="para1"><num>(b)</num><content><p>dividend income or savings income (or both dividend income and savings income),</p></content></level><wrapUp><p>the property income is treated as the part of the person’s total income immediately before the savings income or, if the person does not have savings income, immediately before the dividend income.</p></wrapUp></subsection></section></quotedStructure></mod></p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="section-6-5"><num>(5)</num><content><p><mod>After <ref eId="c00006" href="https://www.legislation.gov.uk/ukpga/2007/3/section/17">section 17</ref> insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><section eId="d28e2512"><num>17A</num><heading>Meaning of “property income”</heading><subsection><num>(1)</num><content><p>This section applies for the purposes of the Income Tax Acts.</p></content></subsection><subsection><num>(2)</num><intro><p>“Property income” is income which is—</p></intro><level class="para1"><num>(a)</num><content><p>chargeable under Chapter 3 of Part 3 of ITTOIA 2005 (the profits of a UK property business or an overseas property business),</p></content></level><level class="para1"><num>(b)</num><content><p>chargeable under Chapter 7 of that Part (amounts treated as adjustment income under section 330),</p></content></level><level class="para1"><num>(c)</num><content><p>chargeable under Chapter 8 of that Part (rent receivable in connection with a UK section 12(4) concern),</p></content></level><level class="para1"><num>(d)</num><content><p>chargeable under Chapter 9 of that Part (rent receivable for UK electric-line wayleaves), and</p></content></level><level class="para1"><num>(e)</num><content><p>chargeable under Chapter 10 of that Part (post-cessation receipts arising from a UK property business).</p></content></level></subsection></section></quotedStructure></mod></p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="section-6-6"><num>(6)</num><content><p><mod>In <ref eId="c00007" href="https://www.legislation.gov.uk/ukpga/2007/3/section/25">section 25</ref> (reliefs and allowances deductible at Steps 2 and 3: supplementary), after <ref eId="c00008" href="https://www.legislation.gov.uk/ukpga/2007/3/section/25">subsection (3)</ref> insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><subsection><num>(3A)</num><content><p>Subsection (2) is also subject to a requirement that the reliefs and allowances in Steps 2 and 3 must be deducted from components of income other than property income, savings income or dividend income (so far as it would otherwise be possible to do so) before they are deducted from property income, savings income or dividend income.</p></content></subsection></quotedStructure></mod></p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-6-7"><num>(7)</num><content><p><ref href="#schedule-1">Schedule 1</ref> makes amendments in connection with, or otherwise related to, provision made by <ref href="#section-6">this section</ref> and <ref href="#section-5">section 5</ref> (including amendments concerning savings rates).</p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-6-8"><num>(8)</num><content><p>The amendments made by <ref href="#section-6">this section</ref> and that Schedule have effect for the tax year 2027-28 and subsequent tax years.</p></content></subsection>
<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-7"><num>7</num><heading>Property rates of income tax for tax year 2027-28</heading><intro><p>For the tax year 2027-28 the property rates of income tax are as follows—</p></intro><level class="para1" eId="section-7-a"><num>(a)</num><content><p>the property basic rate is 22%,</p></content></level><level class="para1" eId="section-7-b"><num>(b)</num><content><p>the property higher rate is 42%, and</p></content></level><level class="para1" eId="section-7-c"><num>(c)</num><content><p>the property additional rate is 47%.</p></content></level></section>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-7-a"><num>(a)</num><content><p>the property basic rate is 22%,</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-7-b"><num>(b)</num><content><p>the property higher rate is 42%, and</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-7-c"><num>(c)</num><content><p>the property additional rate is 47%.</p></content></level>
<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-8"><num>8</num><heading>Scottish and Welsh property rates set by Scottish Parliament and Senedd</heading><subsection eId="section-8-1"><num>(1)</num><content><p>Schedule <ref href="#schedule-2">2</ref> makes provision for Scottish and Welsh property rates to be set by the Scottish Parliament and Senedd Cymru.</p></content></subsection><subsection eId="section-8-2"><num>(2)</num><content><p><ref href="#section-8">This section</ref> and <ref href="#schedule-2">that Schedule</ref> come into force on such day as the Treasury may by regulations appoint.</p></content></subsection><subsection eId="section-8-3"><num>(3)</num><intro><p>The amendments made by <ref href="#section-8">this section</ref> and <ref href="#schedule-2">that Schedule</ref> have effect in relation to—</p></intro><level class="para1" eId="section-8-3-a"><num>(a)</num><content><p>the tax year appointed by the Treasury by regulations, and</p></content></level><level class="para1" eId="section-8-3-b"><num>(b)</num><content><p>subsequent tax years.</p></content></level></subsection><subsection eId="section-8-4"><num>(4)</num><intro><p>The tax year appointed under <ref href="#section-8-3">subsection (3)</ref>—</p></intro><level class="para1" eId="section-8-4-a"><num>(a)</num><content><p>must be a tax year after the tax year 2026-27, and</p></content></level><level class="para1" eId="section-8-4-b"><num>(b)</num><content><p>must begin on or after the day appointed under subsection <ref href="#section-8-2">(2)</ref>.</p></content></level></subsection><subsection eId="section-8-5"><num>(5)</num><content><p>Regulations under <ref href="#section-8">this section</ref> may appoint different days for different purposes.</p></content></subsection><subsection eId="section-8-6"><num>(6)</num><content><p>For further provision about regulations under this section, see section 1014(1), (3) and (6)(b) of ITA 2007.</p></content></subsection></section>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-8-1"><num>(1)</num><content><p>Schedule <ref href="#schedule-2">2</ref> makes provision for Scottish and Welsh property rates to be set by the Scottish Parliament and Senedd Cymru.</p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-8-2"><num>(2)</num><content><p><ref href="#section-8">This section</ref> and <ref href="#schedule-2">that Schedule</ref> come into force on such day as the Treasury may by regulations appoint.</p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-8-3"><num>(3)</num><intro><p>The amendments made by <ref href="#section-8">this section</ref> and <ref href="#schedule-2">that Schedule</ref> have effect in relation to—</p></intro><level class="para1" eId="section-8-3-a"><num>(a)</num><content><p>the tax year appointed by the Treasury by regulations, and</p></content></level><level class="para1" eId="section-8-3-b"><num>(b)</num><content><p>subsequent tax years.</p></content></level></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-8-3-a"><num>(a)</num><content><p>the tax year appointed by the Treasury by regulations, and</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-8-3-b"><num>(b)</num><content><p>subsequent tax years.</p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-8-4"><num>(4)</num><intro><p>The tax year appointed under <ref href="#section-8-3">subsection (3)</ref>—</p></intro><level class="para1" eId="section-8-4-a"><num>(a)</num><content><p>must be a tax year after the tax year 2026-27, and</p></content></level><level class="para1" eId="section-8-4-b"><num>(b)</num><content><p>must begin on or after the day appointed under subsection <ref href="#section-8-2">(2)</ref>.</p></content></level></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-8-4-a"><num>(a)</num><content><p>must be a tax year after the tax year 2026-27, and</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-8-4-b"><num>(b)</num><content><p>must begin on or after the day appointed under subsection <ref href="#section-8-2">(2)</ref>.</p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-8-5"><num>(5)</num><content><p>Regulations under <ref href="#section-8">this section</ref> may appoint different days for different purposes.</p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-8-6"><num>(6)</num><content><p>For further provision about regulations under this section, see section 1014(1), (3) and (6)(b) of ITA 2007.</p></content></subsection>
<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-9"><num>9</num><heading>Freezing starting rate limit for savings for tax years 2026-27 to 2030-31</heading><subsection eId="section-9-1"><num>(1)</num><content><p>For the tax years 2026-27, 2027-28, 2028-29, 2029-30 and 2030-31, the amount specified in <ref eId="c00009" href="https://www.legislation.gov.uk/ukpga/2007/3/section/12">section 12</ref><ref eId="c00010" href="https://www.legislation.gov.uk/ukpga/2007/3/section/12">(3)</ref> of <ref eId="c00011" href="https://www.legislation.gov.uk/ukpga/2007/3/contents">ITA 2007</ref> (the starting rate limit for savings) is “£5,000”.</p></content></subsection><subsection eId="section-9-2"><num>(2)</num><content><p>Accordingly, <ref eId="c00012" href="https://www.legislation.gov.uk/ukpga/2007/3/section/21">section 21</ref> of <ref eId="c00013" href="https://www.legislation.gov.uk/ukpga/2007/3/contents">that Act</ref> (indexation) does not apply in relation to the starting rate limit for savings for any of those tax years.</p></content></subsection></section>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-9-1"><num>(1)</num><content><p>For the tax years 2026-27, 2027-28, 2028-29, 2029-30 and 2030-31, the amount specified in <ref eId="c00009" href="https://www.legislation.gov.uk/ukpga/2007/3/section/12">section 12</ref><ref eId="c00010" href="https://www.legislation.gov.uk/ukpga/2007/3/section/12">(3)</ref> of <ref eId="c00011" href="https://www.legislation.gov.uk/ukpga/2007/3/contents">ITA 2007</ref> (the starting rate limit for savings) is “£5,000”.</p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-9-2"><num>(2)</num><content><p>Accordingly, <ref eId="c00012" href="https://www.legislation.gov.uk/ukpga/2007/3/section/21">section 21</ref> of <ref eId="c00013" href="https://www.legislation.gov.uk/ukpga/2007/3/contents">that Act</ref> (indexation) does not apply in relation to the starting rate limit for savings for any of those tax years.</p></content></subsection>
<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-10"><num>10</num><heading>Basic rate limit and personal allowance for tax years 2028-29 to 2030-31</heading><subsection eId="section-10-1"><num>(1)</num><content><p>Section 5 of FA 2021 (basic rate limit and personal allowance for tax years up to 2027-28) is amended as follows.</p></content></subsection><subsection eId="section-10-2"><num>(2)</num><content><p><mod>In subsection (1) (which specifies the basic rate limit in section 10(5) of ITA 2007 as £37,700 for tax years up to 2027-28), for “and 2027-28” substitute <quotedText>“, 2027-28, 2028-29, 2029-30 and 2030-31”</quotedText>.</mod></p></content></subsection><subsection eId="section-10-3"><num>(3)</num><content><p><mod>In subsection (2) (which specifies the personal allowance in section 35(1) of ITA 2007 as £12,570 for tax years up to 2027-28), for “and 2027-28” substitute <quotedText>“, 2027-28, 2028-29, 2029-30 and 2030-31”</quotedText>.</mod></p></content></subsection><subsection eId="section-10-4"><num>(4)</num><content><p><mod>In subsection (3) (which makes consequential provision preventing the uprating of those amounts for the affected tax years), in the words after paragraph (b), for “and 2027-28” substitute <quotedText>“, 2027-28, 2028-29, 2029-30 and 2030-31”</quotedText>.</mod></p></content></subsection></section>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-10-1"><num>(1)</num><content><p>Section 5 of FA 2021 (basic rate limit and personal allowance for tax years up to 2027-28) is amended as follows.</p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-10-2"><num>(2)</num><content><p><mod>In subsection (1) (which specifies the basic rate limit in section 10(5) of ITA 2007 as £37,700 for tax years up to 2027-28), for “and 2027-28” substitute <quotedText>“, 2027-28, 2028-29, 2029-30 and 2030-31”</quotedText>.</mod></p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-10-3"><num>(3)</num><content><p><mod>In subsection (2) (which specifies the personal allowance in section 35(1) of ITA 2007 as £12,570 for tax years up to 2027-28), for “and 2027-28” substitute <quotedText>“, 2027-28, 2028-29, 2029-30 and 2030-31”</quotedText>.</mod></p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-10-4"><num>(4)</num><content><p><mod>In subsection (3) (which makes consequential provision preventing the uprating of those amounts for the affected tax years), in the words after paragraph (b), for “and 2027-28” substitute <quotedText>“, 2027-28, 2028-29, 2029-30 and 2030-31”</quotedText>.</mod></p></content></subsection>
<hcontainer xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" name="crossheading" ukl:Name="Pblock" eId="part-1-crossheading-corporation-tax-charge-and-rates"><heading>Corporation tax charge and rates</heading><section eId="section-11"><num>11</num><heading>Charge and main rate for financial year 2027</heading><subsection eId="section-11-1"><num>(1)</num><content><p>Corporation tax is charged for the financial year 2027.</p></content></subsection><subsection eId="section-11-2"><num>(2)</num><content><p>The main rate of corporation tax for that year is 25%.</p></content></subsection></section><section eId="section-12"><num>12</num><heading>Standard small profits rate and fraction for financial year 2027</heading><intro><p>For the purposes of Part 3A of CTA 2010, for the financial year 2027—</p></intro><level class="para1" eId="section-12-a"><num>(a)</num><content><p>the standard small profits rate is 19%, and</p></content></level><level class="para1" eId="section-12-b"><num>(b)</num><content><p>the standard marginal relief fraction is 3/200ths.</p></content></level></section></hcontainer>
<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-11"><num>11</num><heading>Charge and main rate for financial year 2027</heading><subsection eId="section-11-1"><num>(1)</num><content><p>Corporation tax is charged for the financial year 2027.</p></content></subsection><subsection eId="section-11-2"><num>(2)</num><content><p>The main rate of corporation tax for that year is 25%.</p></content></subsection></section>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-11-1"><num>(1)</num><content><p>Corporation tax is charged for the financial year 2027.</p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-11-2"><num>(2)</num><content><p>The main rate of corporation tax for that year is 25%.</p></content></subsection>
<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-12"><num>12</num><heading>Standard small profits rate and fraction for financial year 2027</heading><intro><p>For the purposes of Part 3A of CTA 2010, for the financial year 2027—</p></intro><level class="para1" eId="section-12-a"><num>(a)</num><content><p>the standard small profits rate is 19%, and</p></content></level><level class="para1" eId="section-12-b"><num>(b)</num><content><p>the standard marginal relief fraction is 3/200ths.</p></content></level></section>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-12-a"><num>(a)</num><content><p>the standard small profits rate is 19%, and</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-12-b"><num>(b)</num><content><p>the standard marginal relief fraction is 3/200ths.</p></content></level>
<hcontainer xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" name="crossheading" ukl:Name="Pblock" eId="part-1-crossheading-employee-reliefs"><heading>Employee reliefs</heading><section eId="section-13"><num>13</num><heading>Enterprise management incentives: thresholds and period for exercise</heading><subsection eId="section-13-1"><num>(1)</num><intro><p>In section 529 of ITEPA 2003 (scope of tax advantages: option must be exercised within 10 years)—</p></intro><level class="para1" eId="section-13-1-a"><num>(a)</num><content><p><mod>in the heading, for “within 10 years” substitute <quotedText>“by the specified anniversary”</quotedText>;</mod></p></content></level><level class="para1" eId="section-13-1-b"><num>(b)</num><content><p><mod>in subsection (2), for “tenth” substitute <quotedText>“specified”</quotedText>;</mod></p></content></level><level class="para1" eId="section-13-1-c"><num>(c)</num><content><p><mod>after subsection (2) insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><subsection><num>(2A)</num><intro><p>In this section, “<term refersTo="#term-specified-anniversary">specified anniversary</term>” means—</p></intro><level class="para1"><num>(a)</num><content><p>in cases where the employer company is a specified Northern Ireland company, the tenth anniversary, and</p></content></level><level class="para1"><num>(b)</num><content><p>otherwise, the fifteenth anniversary.</p></content></level></subsection></quotedStructure><inline name="appendText">.</inline></mod></p></content></level></subsection><subsection eId="section-13-2"><num>(2)</num><content><p>Schedule 5 to ITEPA 2003 is amended as set out in <ref href="#section-13-3">subsections (3)</ref> to <ref href="#section-13-7">(7)</ref>.</p></content></subsection><subsection eId="section-13-3"><num>(3)</num><intro><p>In paragraph 7 (maximum value of options in respect of relevant company’s shares)—</p></intro><level class="para1" eId="section-13-3-a"><num>(a)</num><content><p><mod>in sub-paragraph (1), after “exceed” insert—<quotedStructure startQuote="“" endQuote="”" uk:context="schedule" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="schedule" ukl:Format="double"><level class="para1"><num>(a)</num><content><p>£6 million, or</p></content></level><level class="para1"><num>(b)</num><content><p>where the employer company is a specified Northern Ireland company,</p></content></level></quotedStructure><inline name="appendText">;</inline></mod></p></content></level><level class="para1" eId="section-13-3-b"><num>(b)</num><content><p><mod>in sub-paragraph (2), after “option if the” insert <quotedText>“applicable”</quotedText>;</mod></p></content></level><level class="para1" eId="section-13-3-c"><num>(c)</num><content><p><mod>in sub-paragraph (4), after “applies” insert <quotedText>“(but see sub-paragraph (5A))”</quotedText>;</mod></p></content></level><level class="para1" eId="section-13-3-d"><num>(d)</num><content><p><mod>after sub-paragraph (5), insert—<quotedStructure startQuote="“" endQuote="”" uk:context="schedule" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="schedule" ukl:Format="double"><subparagraph><num>(5A)</num><intro><p>If—</p></intro><level class="para1"><num>(a)</num><content><p>the grant of two or more share options at the same time causes only the limit in paragraph 7(1)(b) to be exceeded, and</p></content></level><level class="para1"><num>(b)</num><content><p>the employer company in respect of some of the share options is not a specified Northern Ireland company,</p></content></level><wrapUp><p>the share options in respect of which the employer company is a specified Northern Ireland company are, for the purposes of this paragraph, to be treated as having been granted before the other share options.</p></wrapUp></subparagraph></quotedStructure><inline name="appendText">.</inline></mod></p></content></level></subsection><subsection eId="section-13-4"><num>(4)</num><intro><p>In paragraph 12 (the gross assets requirement)—</p></intro><level class="para1" eId="section-13-4-a"><num>(a)</num><content><p><mod>in sub-paragraph (1) after “exceed” insert—<quotedStructure startQuote="“" endQuote="”" uk:context="schedule" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="schedule" ukl:Format="double"><level class="para1"><num>(a)</num><content><p>£120 million, or</p></content></level><level class="para1"><num>(b)</num><content><p>where the company is a specified Northern Ireland company,</p></content></level></quotedStructure><inline name="appendText">.</inline></mod></p></content></level><level class="para1" eId="section-13-4-b"><num>(b)</num><content><p><mod>in sub-paragraph (2) after “exceed” insert—<quotedStructure startQuote="“" endQuote="”" uk:context="schedule" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="schedule" ukl:Format="double"><level class="para1"><num>(a)</num><content><p>£120 million, or</p></content></level><level class="para1"><num>(b)</num><content><p>where the employer company is a specified Northern Ireland company,</p></content></level></quotedStructure><inline name="appendText">.</inline></mod></p></content></level></subsection><subsection eId="section-13-5"><num>(5)</num><intro><p>In paragraph 12A (the number of employees requirement)—</p></intro><level class="para1" eId="section-13-5-a"><num>(a)</num><content><p><mod>in sub-paragraph (1) after “less than” insert—<quotedStructure startQuote="“" endQuote="”" uk:context="schedule" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="schedule" ukl:Format="double"><level class="para1"><num>(a)</num><content><p>500, or</p></content></level><level class="para1"><num>(b)</num><content><p>where the company is a specified Northern Ireland company,</p></content></level></quotedStructure><inline name="appendText">;</inline></mod></p></content></level><level class="para1" eId="section-13-5-b"><num>(b)</num><content><p><mod>in sub-paragraph (2) after “less than” insert <quotedText>“500 or, where the employer company is a specified Northern Ireland company,”</quotedText></mod></p></content></level></subsection><subsection eId="section-13-6"><num>(6)</num><intro><p>In paragraph 36 (option to be capable of exercise within ten years)—</p></intro><level class="para1" eId="section-13-6-a"><num>(a)</num><content><p><mod>in the italic cross-heading, for “10 years” substitute <quotedText>“the specified period”</quotedText>;</mod></p></content></level><level class="para1" eId="section-13-6-b"><num>(b)</num><content><p><mod>in sub-paragraph (1), for “the period of 10 years” substitute <quotedText>“the specified period”</quotedText>;</mod></p></content></level><level class="para1" eId="section-13-6-c"><num>(c)</num><content><p><mod>in sub-paragraph (2), for “the period mentioned in sub-paragraph (1)” substitute <quotedText>“the specified period”</quotedText>;</mod></p></content></level><level class="para1" eId="section-13-6-d"><num>(d)</num><content><p><mod>after sub-paragraph (2) insert—<quotedStructure startQuote="“" endQuote="”" uk:context="schedule" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="schedule" ukl:Format="double"><subparagraph><num>(3)</num><intro><p>In this paragraph, the “<term refersTo="#term-specified-period">specified period</term>” means—</p></intro><level class="para1"><num>(a)</num><content><p>15 years, or</p></content></level><level class="para1"><num>(b)</num><content><p>where the employer company is a specified Northern Ireland company, 10 years.</p></content></level></subparagraph></quotedStructure><inline name="appendText">.</inline></mod></p></content></level></subsection><subsection eId="section-13-7"><num>(7)</num><content><p><mod>After paragraph 57E, insert—<quotedStructure startQuote="“" endQuote="”" uk:context="schedule" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="schedule" ukl:Format="double"><hcontainer name="crossheading" class="schGroup7"><heading>Meaning of “specified Northern Ireland company”</heading><paragraph class="schProv1"><num>57F</num><intro><p>In the EMI code, a “<term refersTo="#term-specified-northern-ireland-company">specified Northern Ireland company</term>” means a company that—</p></intro><level class="para1"><num>(a)</num><content><p>has its registered office in Northern Ireland, and</p></content></level><level class="para1"><num>(b)</num><intro><p>carries on a trade involving—</p></intro><level class="para2"><num>(i)</num><content><p>a trade in goods, or</p></content></level><level class="para2"><num>(ii)</num><content><p>the generation, transmission, distribution, supply, wholesale trade or cross-border exchange of electricity.</p></content></level></level></paragraph></hcontainer></quotedStructure><inline name="appendText">.</inline></mod></p></content></subsection><subsection eId="section-13-8"><num>(8)</num><intro><p>In section 169I(7D)(b) of TCGA 1992 (material disposal of business assets)—</p></intro><level class="para1" eId="section-13-8-a"><num>(a)</num><content><p><mod>for “tenth ” substitute <quotedText>“specified”</quotedText>;</mod></p></content></level><level class="para1" eId="section-13-8-b"><num>(b)</num><content><p><mod>at the end insert <quotedText>“(with “specified anniversary” having the meaning given in section 529(2A) of that Act)”</quotedText>.</mod></p></content></level></subsection><subsection eId="section-13-9"><num>(9)</num><content><p>The amendments made by <ref href="#section-13-1">subsections (1)</ref> to <ref href="#section-13-8">(8)</ref> come into force on 6 April 2026.</p></content></subsection><subsection eId="section-13-10"><num>(10)</num><content><p><mod>On and after 6 April 2026, Schedule 5 to ITEPA 2003 has effect in relation to an option granted before 6 April 2026 as if the following paragraph were inserted after paragraph 37—<quotedStructure startQuote="“" endQuote="”" uk:context="schedule" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="schedule" ukl:Format="double"><paragraph class="schProv1"><num>37A</num><subparagraph eId="d28e3221"><num>(1)</num><intro><p><ref href="#d28e3247">Sub-paragraph (2)</ref> applies if—</p></intro><level class="para1"><num>(a)</num><content><p>on or after 26 November 2025, a fixed-date qualifying option is varied so as to delay the date on which it can be exercised,</p></content></level><level class="para1"><num>(b)</num><content><p>the variation takes place on or before the tenth anniversary of the grant of the option, and</p></content></level><level class="para1"><num>(c)</num><content><p>the variation results in an option that is capable of being exercised on a single date falling on or before the fifteenth anniversary of the grant of the option.</p></content></level></subparagraph><subparagraph eId="d28e3247"><num>(2)</num><intro><p>An option that is varied as described in <ref href="#d28e3221">sub-paragraph (1)</ref>—</p></intro><level class="para1"><num>(a)</num><content><p>continues to be a qualifying option for the purposes of the EMI code, and</p></content></level><level class="para1"><num>(b)</num><content><p>is to be treated for the purposes of the EMI code as having been granted in its varied form.</p></content></level></subparagraph><subparagraph><num>(3)</num><intro><p>In <ref href="#d28e3221">sub-paragraph (1)</ref>—</p></intro><level class="para1"><num>(a)</num><content><p>“<term refersTo="#term-fixed-date-qualifying-option">fixed-date qualifying option</term>” means a qualifying option granted before 6 April 2026 that is capable of being exercised on a single date set by reference to its date of grant, and</p></content></level><level class="para1"><num>(b)</num><content><p>a reference to an option being varied is a reference to its being varied by written agreement between the person who granted the option and the person entitled to exercise it.</p></content></level></subparagraph><subparagraph><num>(4)</num><content><p><ref href="#d28e3247">Sub-paragraph (2)</ref> does not apply in relation to an option if, at the time of variation, the employer company is a specified Northern Ireland company.</p></content></subparagraph></paragraph></quotedStructure><inline name="appendText">.</inline></mod></p></content></subsection></section><section eId="section-14"><num>14</num><heading>Enterprise investment scheme: increase in amounts and asset requirements</heading><subsection eId="section-14-1"><num>(1)</num><content><p>Part 5 of ITA 2007 is amended as follows.</p></content></subsection><subsection eId="section-14-2"><num>(2)</num><content><p><mod>In section 173A(1) (the maximum amount raised annually through risk finance investments requirement), for paragraphs (a) and (b) substitute—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><level class="para1"><num>(a)</num><intro><p>if at that date the issuing company is a knowledge-intensive company (see section 252A and subsection (5A)) and—</p></intro><level class="para2"><num>(i)</num><content><p>not a specified Northern Ireland company, £20 million;</p></content></level><level class="para2"><num>(ii)</num><content><p>a specified Northern Ireland company, £10 million, and</p></content></level></level><level class="para1"><num>(b)</num><intro><p>if at that date the issuing company is not a knowledge-intensive company and—</p></intro><level class="para2"><num>(i)</num><content><p>not a specified Northern Ireland company, £10 million;</p></content></level><level class="para2"><num>(ii)</num><content><p>a specified Northern Ireland company, £5 million.</p></content></level></level></quotedStructure><inline name="appendText">.</inline></mod></p></content></subsection><subsection eId="section-14-3"><num>(3)</num><content><p><mod>In section 173AA(1) (maximum risk finance investments at the issue date requirement), for paragraphs (a) and (b) substitute—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><level class="para1"><num>(a)</num><intro><p>if at the issue date the issuing company is a knowledge-intensive company (see section 252A) and—</p></intro><level class="para2"><num>(i)</num><content><p>not a specified Northern Ireland company, £40 million;</p></content></level><level class="para2"><num>(ii)</num><content><p>a specified Northern Ireland company, £20 million, and</p></content></level></level><level class="para1"><num>(b)</num><intro><p>if at the issue date the issuing company is not a knowledge-intensive company and—</p></intro><level class="para2"><num>(i)</num><content><p>not a specified Northern Ireland company, £24 million;</p></content></level><level class="para2"><num>(ii)</num><content><p>a specified Northern Ireland company, £12 million.</p></content></level></level></quotedStructure><inline name="appendText">.</inline></mod></p></content></subsection><subsection eId="section-14-4"><num>(4)</num><content><p><mod>In section 173AB(4) (maximum risk finance investments during period B requirement) for paragraphs (a) and (b) substitute—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><level class="para1"><num>(a)</num><intro><p>if at the issue date the issuing company is a knowledge-intensive company (see section 252A) and—</p></intro><level class="para2"><num>(i)</num><content><p>not a specified Northern Ireland company, £40 million;</p></content></level><level class="para2"><num>(ii)</num><content><p>a specified Northern Ireland company, £20 million, and</p></content></level></level><level class="para1"><num>(b)</num><intro><p>if at the issue date the issuing company is not a knowledge-intensive company and—</p></intro><level class="para2"><num>(i)</num><content><p>not a specified Northern Ireland company, £24 million;</p></content></level><level class="para2"><num>(ii)</num><content><p>a specified Northern Ireland company, £12 million.</p></content></level></level></quotedStructure><inline name="appendText">.</inline></mod></p></content></subsection><subsection eId="section-14-5"><num>(5)</num><intro><p>In section 175 (the use of the money raised requirement)—</p></intro><level class="para1" eId="section-14-5-a"><num>(a)</num><content><p><mod>in subsection (1), for “The” substitute <quotedText>“A”</quotedText>;</mod></p></content></level><level class="para1" eId="section-14-5-b"><num>(b)</num><content><p><mod>after subsection (1A), insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><subsection><num>(1B)</num><content><p>Another requirement of this section is that, of the money raised by the issue of the relevant shares (other than any of them which are bonus shares), only such part of that money as could have been raised by an issue of shares falling within subsection (1C) is employed for the purposes of a qualifying business activity that is carried on by one or more specified Northern Ireland companies.</p></content></subsection><subsection><num>(1C)</num><content><p>Shares fall within this subsection if the general requirements referred to in section 172 as they apply in relation to shares issued by a specified Northern Ireland company are met in respect of them.</p></content></subsection></quotedStructure><inline name="appendText">.</inline></mod></p></content></level></subsection><subsection eId="section-14-6"><num>(6)</num><intro><p>In section 186 (the gross assets requirement)—</p></intro><level class="para1" eId="section-14-6-a"><num>(a)</num><content><p><mod>before subsection (1), insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><subsection><num>A1</num><intro><p>In the case of relevant shares issued by a single company that is not a specified Northern Ireland company, the value of the company’s gross assets—</p></intro><level class="para1"><num>(a)</num><content><p>must not exceed £30 million immediately before the relevant share issue, and</p></content></level><level class="para1"><num>(b)</num><content><p>must not exceed £35 million immediately afterwards.</p></content></level></subsection><subsection><num>A2</num><intro><p>In the case of relevant shares issued by a parent company that is not a specified Northern Ireland company, the value of the group assets—</p></intro><level class="para1"><num>(a)</num><content><p>must not exceed £30 million immediately before the relevant share issue, and</p></content></level><level class="para1"><num>(b)</num><content><p>must not exceed £35 million immediately afterwards.</p></content></level></subsection></quotedStructure><inline name="appendText">;</inline></mod></p></content></level><level class="para1" eId="section-14-6-b"><num>(b)</num><content><p><mod>in subsection (1), after “single company” insert <quotedText>“that is a specified Northern Ireland company”</quotedText>;</mod></p></content></level><level class="para1" eId="section-14-6-c"><num>(c)</num><content><p><mod>in subsection (2), after “parent company” insert <quotedText>“that is a specified Northern Ireland company”</quotedText>.</mod></p></content></level></subsection><subsection eId="section-14-7"><num>(7)</num><content><p><mod>After section 256A, insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><section><num>256B</num><heading>Meaning of “specified Northern Ireland company”</heading><intro><p>For the purposes of this Part, a “<term refersTo="#term-specified-northern-ireland-company">specified Northern Ireland company</term>” means a company that—</p></intro><level class="para1"><num>(a)</num><content><p>has its registered office in Northern Ireland, and</p></content></level><level class="para1"><num>(b)</num><intro><p>carries on a trade involving—</p></intro><level class="para2"><num>(i)</num><content><p>a trade in goods, or</p></content></level><level class="para2"><num>(ii)</num><content><p>the generation, transmission, distribution, supply, wholesale trade or cross-border exchange of electricity.</p></content></level></level></section></quotedStructure><inline name="appendText">.</inline></mod></p></content></subsection><subsection eId="section-14-8"><num>(8)</num><content><p>The amendments made by this section come into force on 6 April 2026.</p></content></subsection></section><section eId="section-15"><num>15</num><heading>Venture capital trusts: rate of relief and amounts and asset requirements</heading><subsection eId="section-15-1"><num>(1)</num><content><p>Part 6 of ITA 2007 is amended as follows.</p></content></subsection><subsection eId="section-15-2"><num>(2)</num><content><p><mod>In section 263(2) (form and amount of relief), for “30%” substitute <quotedText>“20%”</quotedText>.</mod></p></content></subsection><subsection eId="section-15-3"><num>(3)</num><content><p><mod>In section 292A(1) (the maximum amount raised annually through risk finance investments requirement ), for paragraphs (a) and (b) substitute—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><level class="para1"><num>(a)</num><intro><p>if at that date the relevant company is a knowledge-intensive company (see section 331A and subsection (6A)) and—</p></intro><level class="para2"><num>(i)</num><content><p>not a specified Northern Ireland company, £20 million;</p></content></level><level class="para2"><num>(ii)</num><content><p>a specified Northern Ireland company, £10 million, and</p></content></level></level><level class="para1"><num>(b)</num><intro><p>if at that date the relevant company is not a knowledge-intensive company and—</p></intro><level class="para2"><num>(i)</num><content><p>not a specified Northern Ireland company, £10 million;</p></content></level><level class="para2"><num>(ii)</num><content><p>a specified Northern Ireland company, £5 million.</p></content></level></level></quotedStructure><inline name="appendText">.</inline></mod></p></content></subsection><subsection eId="section-15-4"><num>(4)</num><content><p><mod>In section 292AA(1) (maximum risk finance investments when relevant holding is issued requirement), for paragraphs (a) and (b) substitute—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><level class="para1"><num>(a)</num><intro><p>if at the investment date the relevant company is a knowledge-intensive company (see section 331A) and—</p></intro><level class="para2"><num>(i)</num><content><p>not a specified Northern Ireland company, £40 million;</p></content></level><level class="para2"><num>(ii)</num><content><p>a specified Northern Ireland company, £20 million, and</p></content></level></level><level class="para1"><num>(b)</num><intro><p>if at the investment date the relevant company is not a knowledge-intensive company and—</p></intro><level class="para2"><num>(i)</num><content><p>not a specified Northern Ireland company, £24 million;</p></content></level><level class="para2"><num>(ii)</num><content><p>a specified Northern Ireland company, £12 million.</p></content></level></level></quotedStructure><inline name="appendText">.</inline></mod></p></content></subsection><subsection eId="section-15-5"><num>(5)</num><content><p><mod>In section 292AB(4) (maximum risk finance investments during the 5-year post-investment period requirement), for paragraphs (a) and (b) substitute—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><level class="para1"><num>(a)</num><intro><p>if at the investment date the relevant company is a knowledge-intensive company (see section 331A) and—</p></intro><level class="para2"><num>(i)</num><content><p>not a specified Northern Ireland company, £40 million;</p></content></level><level class="para2"><num>(ii)</num><content><p>a specified Northern Ireland company, £20 million, and</p></content></level></level><level class="para1"><num>(b)</num><intro><p>if at the investment date the relevant company is not a knowledge-intensive company and—</p></intro><level class="para2"><num>(i)</num><content><p>not a specified Northern Ireland company, £24 million;</p></content></level><level class="para2"><num>(ii)</num><content><p>a specified Northern Ireland company, £12 million.</p></content></level></level></quotedStructure><inline name="appendText">.</inline></mod></p></content></subsection><subsection eId="section-15-6"><num>(6)</num><intro><p>In section 293 (the use of the money raised requirement)—</p></intro><level class="para1" eId="section-15-6-a"><num>(a)</num><content><p><mod>in subsection (1), for “The” substitute <quotedText>“A”</quotedText>;</mod></p></content></level><level class="para1" eId="section-15-6-b"><num>(b)</num><content><p><mod>after subsection (5A) insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><subsection><num>(5B)</num><content><p>Another requirement of this section is that, of the money raised by the issue of the relevant holding, only such part of that money as could have been raised by an issue of shares and securities falling within subsection (5C) is employed for the purposes of a qualifying business activity that is carried on by one or more specified Northern Ireland companies.</p></content></subsection><subsection><num>(5C)</num><content><p>Shares and securities fall within this subsection if the requirements in section 286(2) as they apply in relation to a relevant company that is a specified Northern Ireland company are met in respect of them.</p></content></subsection></quotedStructure><inline name="appendText">.</inline></mod></p></content></level></subsection><subsection eId="section-15-7"><num>(7)</num><intro><p>In section 297 (the gross assets requirement)—</p></intro><level class="para1" eId="section-15-7-a"><num>(a)</num><content><p><mod>before subsection (1) insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><subsection><num>A1</num><intro><p>The requirement of this section in the case of a relevant company that is a single company and not a specified Northern Ireland company is that the value of the company’s gross assets—</p></intro><level class="para1"><num>(a)</num><content><p>did not exceed £30 million immediately before the issue of the relevant holding, and</p></content></level><level class="para1"><num>(b)</num><content><p>did not exceed £35 million immediately afterwards.</p></content></level></subsection><subsection><num>A2</num><intro><p>The requirement of this section in the case of a relevant company that is a parent company and not a specified Northern Ireland company is that the value of the group assets—</p></intro><level class="para1"><num>(a)</num><content><p>did not exceed £30 million immediately before the issue of the relevant holding, and</p></content></level><level class="para1"><num>(b)</num><content><p>did not exceed £35 million immediately afterwards.</p></content></level></subsection></quotedStructure><inline name="appendText">;</inline></mod></p></content></level><level class="para1" eId="section-15-7-b"><num>(b)</num><content><p><mod>in subsection (1), after “single company” insert <quotedText>“and a specified Northern Ireland company”</quotedText>;</mod></p></content></level><level class="para1" eId="section-15-7-c"><num>(c)</num><content><p><mod>in subsection (2), after “parent company” insert <quotedText>“and a specified Northern Ireland company”</quotedText>.</mod></p></content></level></subsection><subsection eId="section-15-8"><num>(8)</num><content><p><mod>After section 331B, insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><section><num>331C</num><heading>Meaning of “specified Northern Ireland company”</heading><intro><p>For the purposes of this Part, a “<term refersTo="#term-specified-northern-ireland-company">specified Northern Ireland company</term>” means a company that—</p></intro><level class="para1"><num>(a)</num><content><p>has its registered office in Northern Ireland, and</p></content></level><level class="para1"><num>(b)</num><intro><p>carries on a trade involving—</p></intro><level class="para2"><num>(i)</num><content><p>a trade in goods, or</p></content></level><level class="para2"><num>(ii)</num><content><p>the generation, transmission, distribution, supply, wholesale trade or cross-border exchange of electricity.</p></content></level></level></section></quotedStructure><inline name="appendText">.</inline></mod></p></content></subsection><subsection eId="section-15-9"><num>(9)</num><content><p>The amendments made by this section come into force on 6 April 2026.</p></content></subsection></section><section eId="section-16"><num>16</num><heading>CSOP schemes and EMI: PISCES shares</heading><subsection eId="section-16-1"><num>(1)</num><intro><p>If—</p></intro><level class="para1" eId="section-16-1-a"><num>(a)</num><content><p>a share option is granted under a CSOP scheme before 6 April 2028,</p></content></level><level class="para1" eId="section-16-1-b"><num>(b)</num><content><p>the terms of the option which are mentioned in paragraph 21A(1)(d) of Schedule 4 to ITEPA 2003 are, at any time on or after 15 May 2025, varied, and</p></content></level><level class="para1" eId="section-16-1-c"><num>(c)</num><content><p>the sole effect of the provision constituting the variation is that, in the event that the shares are or become PISCES shares, the option may be exercised (to any extent) but only if the shares acquired as a result of its exercise are then sold on a PISCES as soon as is reasonably practicable,</p></content></level><wrapUp><p>the provision mentioned in paragraph (c) is to be treated for the purposes of the CSOP code as if it had been included in the share option at the time at which the option was granted.</p></wrapUp></subsection><subsection eId="section-16-2"><num>(2)</num><content><p>Subsection (1) is to have effect as if contained in Schedule 4 to ITEPA 2003.</p></content></subsection><subsection eId="section-16-3"><num>(3)</num><intro><p>If—</p></intro><level class="para1" eId="section-16-3-a"><num>(a)</num><content><p>a share option which is a qualifying option for the purposes of the EMI code is granted before 6 April 2028,</p></content></level><level class="para1" eId="section-16-3-b"><num>(b)</num><content><p>the terms of the option which are mentioned in paragraph 37(2)(e) of Schedule 5 to ITEPA 2003 are, at any time on or after 15 May 2025, varied, and</p></content></level><level class="para1" eId="section-16-3-c"><num>(c)</num><content><p>the sole effect of the provision constituting the variation is that, in the event that the shares are or become PISCES shares, the option may be exercised (to any extent) but only if the shares acquired as a result of its exercise are then sold on a PISCES as soon as is reasonably practicable,</p></content></level><wrapUp><p>the provision mentioned in paragraph (c) is to be treated for the purposes of the EMI code as if it had been included in the share option at the time at which the option was granted.</p></wrapUp></subsection><subsection eId="section-16-4"><num>(4)</num><content><p>Subsection (3) is to have effect as if contained in Schedule 5 to ITEPA 2003.</p></content></subsection><subsection eId="section-16-5"><num>(5)</num><intro><p>A variation of an option is not to count for the purposes of this section unless—</p></intro><level class="para1" eId="section-16-5-a"><num>(a)</num><content><p>the variation is effected by a written agreement to which the person entitled to exercise the option is a party, or</p></content></level><level class="para1" eId="section-16-5-b"><num>(b)</num><content><p>the variation is otherwise notified in writing to that person.</p></content></level></subsection><subsection eId="section-16-6"><num>(6)</num><content><p>For the purposes of this section, “<term refersTo="#term-pisces-shares" eId="term-pisces-shares">PISCES shares</term>” and “<term refersTo="#term-a-pisces" eId="term-a-pisces">a PISCES</term>” have the same meaning as in the applicable PISCES regulations.</p></content></subsection><subsection eId="section-16-7"><num>(7)</num><intro><p>For this purpose, “<term refersTo="#term-the-applicable-pisces-regulations" eId="term-the-applicable-pisces-regulations">the applicable PISCES regulations</term>” means—</p></intro><level class="para1" eId="section-16-7-a"><num>(a)</num><content><p>the Financial Services and Markets Act 2023 (Private Intermittent Securities and Capital Exchange System Sandbox) Regulations 2025 (“<term refersTo="#term-the-2025-regulations" eId="term-the-2025-regulations">the 2025 regulations</term>”), or</p></content></level><level class="para1" eId="section-16-7-b"><num>(b)</num><content><p>if regulations are made under section 15 of the Financial Services and Markets Act 2023 (“<term refersTo="#term-the-2023-act" eId="term-the-2023-act">the 2023 Act</term>”) in the case of a PISCES, regulations under that section.</p></content></level></subsection><subsection eId="section-16-8"><num>(8)</num><intro><p>If—</p></intro><level class="para1" eId="section-16-8-a"><num>(a)</num><content><p>regulations made under section 15 of the 2023 Act use expressions other than PISCES shares or a PISCES, but</p></content></level><level class="para1" eId="section-16-8-b"><num>(b)</num><content><p>those other expressions are used in those regulations for the same or similar purposes as the expressions PISCES and a PISCES are used in the 2025 regulations,</p></content></level><wrapUp><p>this section has effect as if the references to PISCES shares or a PISCES are to those other expressions.</p></wrapUp></subsection></section></hcontainer>
<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="section-13"><num>13</num><heading>Enterprise management incentives: thresholds and period for exercise</heading><subsection eId="section-13-1"><num>(1)</num><intro><p>In section 529 of ITEPA 2003 (scope of tax advantages: option must be exercised within 10 years)—</p></intro><level class="para1" eId="section-13-1-a"><num>(a)</num><content><p><mod>in the heading, for “within 10 years” substitute <quotedText>“by the specified anniversary”</quotedText>;</mod></p></content></level><level class="para1" eId="section-13-1-b"><num>(b)</num><content><p><mod>in subsection (2), for “tenth” substitute <quotedText>“specified”</quotedText>;</mod></p></content></level><level class="para1" eId="section-13-1-c"><num>(c)</num><content><p><mod>after subsection (2) insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><subsection><num>(2A)</num><intro><p>In this section, “<term refersTo="#term-specified-anniversary">specified anniversary</term>” means—</p></intro><level class="para1"><num>(a)</num><content><p>in cases where the employer company is a specified Northern Ireland company, the tenth anniversary, and</p></content></level><level class="para1"><num>(b)</num><content><p>otherwise, the fifteenth anniversary.</p></content></level></subsection></quotedStructure><inline name="appendText">.</inline></mod></p></content></level></subsection><subsection eId="section-13-2"><num>(2)</num><content><p>Schedule 5 to ITEPA 2003 is amended as set out in <ref href="#section-13-3">subsections (3)</ref> to <ref href="#section-13-7">(7)</ref>.</p></content></subsection><subsection eId="section-13-3"><num>(3)</num><intro><p>In paragraph 7 (maximum value of options in respect of relevant company’s shares)—</p></intro><level class="para1" eId="section-13-3-a"><num>(a)</num><content><p><mod>in sub-paragraph (1), after “exceed” insert—<quotedStructure startQuote="“" endQuote="”" uk:context="schedule" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="schedule" ukl:Format="double"><level class="para1"><num>(a)</num><content><p>£6 million, or</p></content></level><level class="para1"><num>(b)</num><content><p>where the employer company is a specified Northern Ireland company,</p></content></level></quotedStructure><inline name="appendText">;</inline></mod></p></content></level><level class="para1" eId="section-13-3-b"><num>(b)</num><content><p><mod>in sub-paragraph (2), after “option if the” insert <quotedText>“applicable”</quotedText>;</mod></p></content></level><level class="para1" eId="section-13-3-c"><num>(c)</num><content><p><mod>in sub-paragraph (4), after “applies” insert <quotedText>“(but see sub-paragraph (5A))”</quotedText>;</mod></p></content></level><level class="para1" eId="section-13-3-d"><num>(d)</num><content><p><mod>after sub-paragraph (5), insert—<quotedStructure startQuote="“" endQuote="”" uk:context="schedule" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="schedule" ukl:Format="double"><subparagraph><num>(5A)</num><intro><p>If—</p></intro><level class="para1"><num>(a)</num><content><p>the grant of two or more share options at the same time causes only the limit in paragraph 7(1)(b) to be exceeded, and</p></content></level><level class="para1"><num>(b)</num><content><p>the employer company in respect of some of the share options is not a specified Northern Ireland company,</p></content></level><wrapUp><p>the share options in respect of which the employer company is a specified Northern Ireland company are, for the purposes of this paragraph, to be treated as having been granted before the other share options.</p></wrapUp></subparagraph></quotedStructure><inline name="appendText">.</inline></mod></p></content></level></subsection><subsection eId="section-13-4"><num>(4)</num><intro><p>In paragraph 12 (the gross assets requirement)—</p></intro><level class="para1" eId="section-13-4-a"><num>(a)</num><content><p><mod>in sub-paragraph (1) after “exceed” insert—<quotedStructure startQuote="“" endQuote="”" uk:context="schedule" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="schedule" ukl:Format="double"><level class="para1"><num>(a)</num><content><p>£120 million, or</p></content></level><level class="para1"><num>(b)</num><content><p>where the company is a specified Northern Ireland company,</p></content></level></quotedStructure><inline name="appendText">.</inline></mod></p></content></level><level class="para1" eId="section-13-4-b"><num>(b)</num><content><p><mod>in sub-paragraph (2) after “exceed” insert—<quotedStructure startQuote="“" endQuote="”" uk:context="schedule" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="schedule" ukl:Format="double"><level class="para1"><num>(a)</num><content><p>£120 million, or</p></content></level><level class="para1"><num>(b)</num><content><p>where the employer company is a specified Northern Ireland company,</p></content></level></quotedStructure><inline name="appendText">.</inline></mod></p></content></level></subsection><subsection eId="section-13-5"><num>(5)</num><intro><p>In paragraph 12A (the number of employees requirement)—</p></intro><level class="para1" eId="section-13-5-a"><num>(a)</num><content><p><mod>in sub-paragraph (1) after “less than” insert—<quotedStructure startQuote="“" endQuote="”" uk:context="schedule" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="schedule" ukl:Format="double"><level class="para1"><num>(a)</num><content><p>500, or</p></content></level><level class="para1"><num>(b)</num><content><p>where the company is a specified Northern Ireland company,</p></content></level></quotedStructure><inline name="appendText">;</inline></mod></p></content></level><level class="para1" eId="section-13-5-b"><num>(b)</num><content><p><mod>in sub-paragraph (2) after “less than” insert <quotedText>“500 or, where the employer company is a specified Northern Ireland company,”</quotedText></mod></p></content></level></subsection><subsection eId="section-13-6"><num>(6)</num><intro><p>In paragraph 36 (option to be capable of exercise within ten years)—</p></intro><level class="para1" eId="section-13-6-a"><num>(a)</num><content><p><mod>in the italic cross-heading, for “10 years” substitute <quotedText>“the specified period”</quotedText>;</mod></p></content></level><level class="para1" eId="section-13-6-b"><num>(b)</num><content><p><mod>in sub-paragraph (1), for “the period of 10 years” substitute <quotedText>“the specified period”</quotedText>;</mod></p></content></level><level class="para1" eId="section-13-6-c"><num>(c)</num><content><p><mod>in sub-paragraph (2), for “the period mentioned in sub-paragraph (1)” substitute <quotedText>“the specified period”</quotedText>;</mod></p></content></level><level class="para1" eId="section-13-6-d"><num>(d)</num><content><p><mod>after sub-paragraph (2) insert—<quotedStructure startQuote="“" endQuote="”" uk:context="schedule" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="schedule" ukl:Format="double"><subparagraph><num>(3)</num><intro><p>In this paragraph, the “<term refersTo="#term-specified-period">specified period</term>” means—</p></intro><level class="para1"><num>(a)</num><content><p>15 years, or</p></content></level><level class="para1"><num>(b)</num><content><p>where the employer company is a specified Northern Ireland company, 10 years.</p></content></level></subparagraph></quotedStructure><inline name="appendText">.</inline></mod></p></content></level></subsection><subsection eId="section-13-7"><num>(7)</num><content><p><mod>After paragraph 57E, insert—<quotedStructure startQuote="“" endQuote="”" uk:context="schedule" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="schedule" ukl:Format="double"><hcontainer name="crossheading" class="schGroup7"><heading>Meaning of “specified Northern Ireland company”</heading><paragraph class="schProv1"><num>57F</num><intro><p>In the EMI code, a “<term refersTo="#term-specified-northern-ireland-company">specified Northern Ireland company</term>” means a company that—</p></intro><level class="para1"><num>(a)</num><content><p>has its registered office in Northern Ireland, and</p></content></level><level class="para1"><num>(b)</num><intro><p>carries on a trade involving—</p></intro><level class="para2"><num>(i)</num><content><p>a trade in goods, or</p></content></level><level class="para2"><num>(ii)</num><content><p>the generation, transmission, distribution, supply, wholesale trade or cross-border exchange of electricity.</p></content></level></level></paragraph></hcontainer></quotedStructure><inline name="appendText">.</inline></mod></p></content></subsection><subsection eId="section-13-8"><num>(8)</num><intro><p>In section 169I(7D)(b) of TCGA 1992 (material disposal of business assets)—</p></intro><level class="para1" eId="section-13-8-a"><num>(a)</num><content><p><mod>for “tenth ” substitute <quotedText>“specified”</quotedText>;</mod></p></content></level><level class="para1" eId="section-13-8-b"><num>(b)</num><content><p><mod>at the end insert <quotedText>“(with “specified anniversary” having the meaning given in section 529(2A) of that Act)”</quotedText>.</mod></p></content></level></subsection><subsection eId="section-13-9"><num>(9)</num><content><p>The amendments made by <ref href="#section-13-1">subsections (1)</ref> to <ref href="#section-13-8">(8)</ref> come into force on 6 April 2026.</p></content></subsection><subsection eId="section-13-10"><num>(10)</num><content><p><mod>On and after 6 April 2026, Schedule 5 to ITEPA 2003 has effect in relation to an option granted before 6 April 2026 as if the following paragraph were inserted after paragraph 37—<quotedStructure startQuote="“" endQuote="”" uk:context="schedule" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="schedule" ukl:Format="double"><paragraph class="schProv1"><num>37A</num><subparagraph eId="d28e3221"><num>(1)</num><intro><p><ref href="#d28e3247">Sub-paragraph (2)</ref> applies if—</p></intro><level class="para1"><num>(a)</num><content><p>on or after 26 November 2025, a fixed-date qualifying option is varied so as to delay the date on which it can be exercised,</p></content></level><level class="para1"><num>(b)</num><content><p>the variation takes place on or before the tenth anniversary of the grant of the option, and</p></content></level><level class="para1"><num>(c)</num><content><p>the variation results in an option that is capable of being exercised on a single date falling on or before the fifteenth anniversary of the grant of the option.</p></content></level></subparagraph><subparagraph eId="d28e3247"><num>(2)</num><intro><p>An option that is varied as described in <ref href="#d28e3221">sub-paragraph (1)</ref>—</p></intro><level class="para1"><num>(a)</num><content><p>continues to be a qualifying option for the purposes of the EMI code, and</p></content></level><level class="para1"><num>(b)</num><content><p>is to be treated for the purposes of the EMI code as having been granted in its varied form.</p></content></level></subparagraph><subparagraph><num>(3)</num><intro><p>In <ref href="#d28e3221">sub-paragraph (1)</ref>—</p></intro><level class="para1"><num>(a)</num><content><p>“<term refersTo="#term-fixed-date-qualifying-option">fixed-date qualifying option</term>” means a qualifying option granted before 6 April 2026 that is capable of being exercised on a single date set by reference to its date of grant, and</p></content></level><level class="para1"><num>(b)</num><content><p>a reference to an option being varied is a reference to its being varied by written agreement between the person who granted the option and the person entitled to exercise it.</p></content></level></subparagraph><subparagraph><num>(4)</num><content><p><ref href="#d28e3247">Sub-paragraph (2)</ref> does not apply in relation to an option if, at the time of variation, the employer company is a specified Northern Ireland company.</p></content></subparagraph></paragraph></quotedStructure><inline name="appendText">.</inline></mod></p></content></subsection></section>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="section-13-1"><num>(1)</num><intro><p>In section 529 of ITEPA 2003 (scope of tax advantages: option must be exercised within 10 years)—</p></intro><level class="para1" eId="section-13-1-a"><num>(a)</num><content><p><mod>in the heading, for “within 10 years” substitute <quotedText>“by the specified anniversary”</quotedText>;</mod></p></content></level><level class="para1" eId="section-13-1-b"><num>(b)</num><content><p><mod>in subsection (2), for “tenth” substitute <quotedText>“specified”</quotedText>;</mod></p></content></level><level class="para1" eId="section-13-1-c"><num>(c)</num><content><p><mod>after subsection (2) insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><subsection><num>(2A)</num><intro><p>In this section, “<term refersTo="#term-specified-anniversary">specified anniversary</term>” means—</p></intro><level class="para1"><num>(a)</num><content><p>in cases where the employer company is a specified Northern Ireland company, the tenth anniversary, and</p></content></level><level class="para1"><num>(b)</num><content><p>otherwise, the fifteenth anniversary.</p></content></level></subsection></quotedStructure><inline name="appendText">.</inline></mod></p></content></level></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-13-1-a"><num>(a)</num><content><p><mod>in the heading, for “within 10 years” substitute <quotedText>“by the specified anniversary”</quotedText>;</mod></p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-13-1-b"><num>(b)</num><content><p><mod>in subsection (2), for “tenth” substitute <quotedText>“specified”</quotedText>;</mod></p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" class="para1" eId="section-13-1-c"><num>(c)</num><content><p><mod>after subsection (2) insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><subsection><num>(2A)</num><intro><p>In this section, “<term refersTo="#term-specified-anniversary">specified anniversary</term>” means—</p></intro><level class="para1"><num>(a)</num><content><p>in cases where the employer company is a specified Northern Ireland company, the tenth anniversary, and</p></content></level><level class="para1"><num>(b)</num><content><p>otherwise, the fifteenth anniversary.</p></content></level></subsection></quotedStructure><inline name="appendText">.</inline></mod></p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-13-2"><num>(2)</num><content><p>Schedule 5 to ITEPA 2003 is amended as set out in <ref href="#section-13-3">subsections (3)</ref> to <ref href="#section-13-7">(7)</ref>.</p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="section-13-3"><num>(3)</num><intro><p>In paragraph 7 (maximum value of options in respect of relevant company’s shares)—</p></intro><level class="para1" eId="section-13-3-a"><num>(a)</num><content><p><mod>in sub-paragraph (1), after “exceed” insert—<quotedStructure startQuote="“" endQuote="”" uk:context="schedule" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="schedule" ukl:Format="double"><level class="para1"><num>(a)</num><content><p>£6 million, or</p></content></level><level class="para1"><num>(b)</num><content><p>where the employer company is a specified Northern Ireland company,</p></content></level></quotedStructure><inline name="appendText">;</inline></mod></p></content></level><level class="para1" eId="section-13-3-b"><num>(b)</num><content><p><mod>in sub-paragraph (2), after “option if the” insert <quotedText>“applicable”</quotedText>;</mod></p></content></level><level class="para1" eId="section-13-3-c"><num>(c)</num><content><p><mod>in sub-paragraph (4), after “applies” insert <quotedText>“(but see sub-paragraph (5A))”</quotedText>;</mod></p></content></level><level class="para1" eId="section-13-3-d"><num>(d)</num><content><p><mod>after sub-paragraph (5), insert—<quotedStructure startQuote="“" endQuote="”" uk:context="schedule" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="schedule" ukl:Format="double"><subparagraph><num>(5A)</num><intro><p>If—</p></intro><level class="para1"><num>(a)</num><content><p>the grant of two or more share options at the same time causes only the limit in paragraph 7(1)(b) to be exceeded, and</p></content></level><level class="para1"><num>(b)</num><content><p>the employer company in respect of some of the share options is not a specified Northern Ireland company,</p></content></level><wrapUp><p>the share options in respect of which the employer company is a specified Northern Ireland company are, for the purposes of this paragraph, to be treated as having been granted before the other share options.</p></wrapUp></subparagraph></quotedStructure><inline name="appendText">.</inline></mod></p></content></level></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" class="para1" eId="section-13-3-a"><num>(a)</num><content><p><mod>in sub-paragraph (1), after “exceed” insert—<quotedStructure startQuote="“" endQuote="”" uk:context="schedule" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="schedule" ukl:Format="double"><level class="para1"><num>(a)</num><content><p>£6 million, or</p></content></level><level class="para1"><num>(b)</num><content><p>where the employer company is a specified Northern Ireland company,</p></content></level></quotedStructure><inline name="appendText">;</inline></mod></p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-13-3-b"><num>(b)</num><content><p><mod>in sub-paragraph (2), after “option if the” insert <quotedText>“applicable”</quotedText>;</mod></p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-13-3-c"><num>(c)</num><content><p><mod>in sub-paragraph (4), after “applies” insert <quotedText>“(but see sub-paragraph (5A))”</quotedText>;</mod></p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" class="para1" eId="section-13-3-d"><num>(d)</num><content><p><mod>after sub-paragraph (5), insert—<quotedStructure startQuote="“" endQuote="”" uk:context="schedule" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="schedule" ukl:Format="double"><subparagraph><num>(5A)</num><intro><p>If—</p></intro><level class="para1"><num>(a)</num><content><p>the grant of two or more share options at the same time causes only the limit in paragraph 7(1)(b) to be exceeded, and</p></content></level><level class="para1"><num>(b)</num><content><p>the employer company in respect of some of the share options is not a specified Northern Ireland company,</p></content></level><wrapUp><p>the share options in respect of which the employer company is a specified Northern Ireland company are, for the purposes of this paragraph, to be treated as having been granted before the other share options.</p></wrapUp></subparagraph></quotedStructure><inline name="appendText">.</inline></mod></p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="section-13-4"><num>(4)</num><intro><p>In paragraph 12 (the gross assets requirement)—</p></intro><level class="para1" eId="section-13-4-a"><num>(a)</num><content><p><mod>in sub-paragraph (1) after “exceed” insert—<quotedStructure startQuote="“" endQuote="”" uk:context="schedule" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="schedule" ukl:Format="double"><level class="para1"><num>(a)</num><content><p>£120 million, or</p></content></level><level class="para1"><num>(b)</num><content><p>where the company is a specified Northern Ireland company,</p></content></level></quotedStructure><inline name="appendText">.</inline></mod></p></content></level><level class="para1" eId="section-13-4-b"><num>(b)</num><content><p><mod>in sub-paragraph (2) after “exceed” insert—<quotedStructure startQuote="“" endQuote="”" uk:context="schedule" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="schedule" ukl:Format="double"><level class="para1"><num>(a)</num><content><p>£120 million, or</p></content></level><level class="para1"><num>(b)</num><content><p>where the employer company is a specified Northern Ireland company,</p></content></level></quotedStructure><inline name="appendText">.</inline></mod></p></content></level></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" class="para1" eId="section-13-4-a"><num>(a)</num><content><p><mod>in sub-paragraph (1) after “exceed” insert—<quotedStructure startQuote="“" endQuote="”" uk:context="schedule" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="schedule" ukl:Format="double"><level class="para1"><num>(a)</num><content><p>£120 million, or</p></content></level><level class="para1"><num>(b)</num><content><p>where the company is a specified Northern Ireland company,</p></content></level></quotedStructure><inline name="appendText">.</inline></mod></p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" class="para1" eId="section-13-4-b"><num>(b)</num><content><p><mod>in sub-paragraph (2) after “exceed” insert—<quotedStructure startQuote="“" endQuote="”" uk:context="schedule" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="schedule" ukl:Format="double"><level class="para1"><num>(a)</num><content><p>£120 million, or</p></content></level><level class="para1"><num>(b)</num><content><p>where the employer company is a specified Northern Ireland company,</p></content></level></quotedStructure><inline name="appendText">.</inline></mod></p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="section-13-5"><num>(5)</num><intro><p>In paragraph 12A (the number of employees requirement)—</p></intro><level class="para1" eId="section-13-5-a"><num>(a)</num><content><p><mod>in sub-paragraph (1) after “less than” insert—<quotedStructure startQuote="“" endQuote="”" uk:context="schedule" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="schedule" ukl:Format="double"><level class="para1"><num>(a)</num><content><p>500, or</p></content></level><level class="para1"><num>(b)</num><content><p>where the company is a specified Northern Ireland company,</p></content></level></quotedStructure><inline name="appendText">;</inline></mod></p></content></level><level class="para1" eId="section-13-5-b"><num>(b)</num><content><p><mod>in sub-paragraph (2) after “less than” insert <quotedText>“500 or, where the employer company is a specified Northern Ireland company,”</quotedText></mod></p></content></level></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" class="para1" eId="section-13-5-a"><num>(a)</num><content><p><mod>in sub-paragraph (1) after “less than” insert—<quotedStructure startQuote="“" endQuote="”" uk:context="schedule" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="schedule" ukl:Format="double"><level class="para1"><num>(a)</num><content><p>500, or</p></content></level><level class="para1"><num>(b)</num><content><p>where the company is a specified Northern Ireland company,</p></content></level></quotedStructure><inline name="appendText">;</inline></mod></p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-13-5-b"><num>(b)</num><content><p><mod>in sub-paragraph (2) after “less than” insert <quotedText>“500 or, where the employer company is a specified Northern Ireland company,”</quotedText></mod></p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="section-13-6"><num>(6)</num><intro><p>In paragraph 36 (option to be capable of exercise within ten years)—</p></intro><level class="para1" eId="section-13-6-a"><num>(a)</num><content><p><mod>in the italic cross-heading, for “10 years” substitute <quotedText>“the specified period”</quotedText>;</mod></p></content></level><level class="para1" eId="section-13-6-b"><num>(b)</num><content><p><mod>in sub-paragraph (1), for “the period of 10 years” substitute <quotedText>“the specified period”</quotedText>;</mod></p></content></level><level class="para1" eId="section-13-6-c"><num>(c)</num><content><p><mod>in sub-paragraph (2), for “the period mentioned in sub-paragraph (1)” substitute <quotedText>“the specified period”</quotedText>;</mod></p></content></level><level class="para1" eId="section-13-6-d"><num>(d)</num><content><p><mod>after sub-paragraph (2) insert—<quotedStructure startQuote="“" endQuote="”" uk:context="schedule" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="schedule" ukl:Format="double"><subparagraph><num>(3)</num><intro><p>In this paragraph, the “<term refersTo="#term-specified-period">specified period</term>” means—</p></intro><level class="para1"><num>(a)</num><content><p>15 years, or</p></content></level><level class="para1"><num>(b)</num><content><p>where the employer company is a specified Northern Ireland company, 10 years.</p></content></level></subparagraph></quotedStructure><inline name="appendText">.</inline></mod></p></content></level></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-13-6-a"><num>(a)</num><content><p><mod>in the italic cross-heading, for “10 years” substitute <quotedText>“the specified period”</quotedText>;</mod></p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-13-6-b"><num>(b)</num><content><p><mod>in sub-paragraph (1), for “the period of 10 years” substitute <quotedText>“the specified period”</quotedText>;</mod></p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-13-6-c"><num>(c)</num><content><p><mod>in sub-paragraph (2), for “the period mentioned in sub-paragraph (1)” substitute <quotedText>“the specified period”</quotedText>;</mod></p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" class="para1" eId="section-13-6-d"><num>(d)</num><content><p><mod>after sub-paragraph (2) insert—<quotedStructure startQuote="“" endQuote="”" uk:context="schedule" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="schedule" ukl:Format="double"><subparagraph><num>(3)</num><intro><p>In this paragraph, the “<term refersTo="#term-specified-period">specified period</term>” means—</p></intro><level class="para1"><num>(a)</num><content><p>15 years, or</p></content></level><level class="para1"><num>(b)</num><content><p>where the employer company is a specified Northern Ireland company, 10 years.</p></content></level></subparagraph></quotedStructure><inline name="appendText">.</inline></mod></p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="section-13-7"><num>(7)</num><content><p><mod>After paragraph 57E, insert—<quotedStructure startQuote="“" endQuote="”" uk:context="schedule" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="schedule" ukl:Format="double"><hcontainer name="crossheading" class="schGroup7"><heading>Meaning of “specified Northern Ireland company”</heading><paragraph class="schProv1"><num>57F</num><intro><p>In the EMI code, a “<term refersTo="#term-specified-northern-ireland-company">specified Northern Ireland company</term>” means a company that—</p></intro><level class="para1"><num>(a)</num><content><p>has its registered office in Northern Ireland, and</p></content></level><level class="para1"><num>(b)</num><intro><p>carries on a trade involving—</p></intro><level class="para2"><num>(i)</num><content><p>a trade in goods, or</p></content></level><level class="para2"><num>(ii)</num><content><p>the generation, transmission, distribution, supply, wholesale trade or cross-border exchange of electricity.</p></content></level></level></paragraph></hcontainer></quotedStructure><inline name="appendText">.</inline></mod></p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-13-8"><num>(8)</num><intro><p>In section 169I(7D)(b) of TCGA 1992 (material disposal of business assets)—</p></intro><level class="para1" eId="section-13-8-a"><num>(a)</num><content><p><mod>for “tenth ” substitute <quotedText>“specified”</quotedText>;</mod></p></content></level><level class="para1" eId="section-13-8-b"><num>(b)</num><content><p><mod>at the end insert <quotedText>“(with “specified anniversary” having the meaning given in section 529(2A) of that Act)”</quotedText>.</mod></p></content></level></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-13-8-a"><num>(a)</num><content><p><mod>for “tenth ” substitute <quotedText>“specified”</quotedText>;</mod></p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-13-8-b"><num>(b)</num><content><p><mod>at the end insert <quotedText>“(with “specified anniversary” having the meaning given in section 529(2A) of that Act)”</quotedText>.</mod></p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-13-9"><num>(9)</num><content><p>The amendments made by <ref href="#section-13-1">subsections (1)</ref> to <ref href="#section-13-8">(8)</ref> come into force on 6 April 2026.</p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="section-13-10"><num>(10)</num><content><p><mod>On and after 6 April 2026, Schedule 5 to ITEPA 2003 has effect in relation to an option granted before 6 April 2026 as if the following paragraph were inserted after paragraph 37—<quotedStructure startQuote="“" endQuote="”" uk:context="schedule" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="schedule" ukl:Format="double"><paragraph class="schProv1"><num>37A</num><subparagraph eId="d28e3221"><num>(1)</num><intro><p><ref href="#d28e3247">Sub-paragraph (2)</ref> applies if—</p></intro><level class="para1"><num>(a)</num><content><p>on or after 26 November 2025, a fixed-date qualifying option is varied so as to delay the date on which it can be exercised,</p></content></level><level class="para1"><num>(b)</num><content><p>the variation takes place on or before the tenth anniversary of the grant of the option, and</p></content></level><level class="para1"><num>(c)</num><content><p>the variation results in an option that is capable of being exercised on a single date falling on or before the fifteenth anniversary of the grant of the option.</p></content></level></subparagraph><subparagraph eId="d28e3247"><num>(2)</num><intro><p>An option that is varied as described in <ref href="#d28e3221">sub-paragraph (1)</ref>—</p></intro><level class="para1"><num>(a)</num><content><p>continues to be a qualifying option for the purposes of the EMI code, and</p></content></level><level class="para1"><num>(b)</num><content><p>is to be treated for the purposes of the EMI code as having been granted in its varied form.</p></content></level></subparagraph><subparagraph><num>(3)</num><intro><p>In <ref href="#d28e3221">sub-paragraph (1)</ref>—</p></intro><level class="para1"><num>(a)</num><content><p>“<term refersTo="#term-fixed-date-qualifying-option">fixed-date qualifying option</term>” means a qualifying option granted before 6 April 2026 that is capable of being exercised on a single date set by reference to its date of grant, and</p></content></level><level class="para1"><num>(b)</num><content><p>a reference to an option being varied is a reference to its being varied by written agreement between the person who granted the option and the person entitled to exercise it.</p></content></level></subparagraph><subparagraph><num>(4)</num><content><p><ref href="#d28e3247">Sub-paragraph (2)</ref> does not apply in relation to an option if, at the time of variation, the employer company is a specified Northern Ireland company.</p></content></subparagraph></paragraph></quotedStructure><inline name="appendText">.</inline></mod></p></content></subsection>
<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="section-14"><num>14</num><heading>Enterprise investment scheme: increase in amounts and asset requirements</heading><subsection eId="section-14-1"><num>(1)</num><content><p>Part 5 of ITA 2007 is amended as follows.</p></content></subsection><subsection eId="section-14-2"><num>(2)</num><content><p><mod>In section 173A(1) (the maximum amount raised annually through risk finance investments requirement), for paragraphs (a) and (b) substitute—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><level class="para1"><num>(a)</num><intro><p>if at that date the issuing company is a knowledge-intensive company (see section 252A and subsection (5A)) and—</p></intro><level class="para2"><num>(i)</num><content><p>not a specified Northern Ireland company, £20 million;</p></content></level><level class="para2"><num>(ii)</num><content><p>a specified Northern Ireland company, £10 million, and</p></content></level></level><level class="para1"><num>(b)</num><intro><p>if at that date the issuing company is not a knowledge-intensive company and—</p></intro><level class="para2"><num>(i)</num><content><p>not a specified Northern Ireland company, £10 million;</p></content></level><level class="para2"><num>(ii)</num><content><p>a specified Northern Ireland company, £5 million.</p></content></level></level></quotedStructure><inline name="appendText">.</inline></mod></p></content></subsection><subsection eId="section-14-3"><num>(3)</num><content><p><mod>In section 173AA(1) (maximum risk finance investments at the issue date requirement), for paragraphs (a) and (b) substitute—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><level class="para1"><num>(a)</num><intro><p>if at the issue date the issuing company is a knowledge-intensive company (see section 252A) and—</p></intro><level class="para2"><num>(i)</num><content><p>not a specified Northern Ireland company, £40 million;</p></content></level><level class="para2"><num>(ii)</num><content><p>a specified Northern Ireland company, £20 million, and</p></content></level></level><level class="para1"><num>(b)</num><intro><p>if at the issue date the issuing company is not a knowledge-intensive company and—</p></intro><level class="para2"><num>(i)</num><content><p>not a specified Northern Ireland company, £24 million;</p></content></level><level class="para2"><num>(ii)</num><content><p>a specified Northern Ireland company, £12 million.</p></content></level></level></quotedStructure><inline name="appendText">.</inline></mod></p></content></subsection><subsection eId="section-14-4"><num>(4)</num><content><p><mod>In section 173AB(4) (maximum risk finance investments during period B requirement) for paragraphs (a) and (b) substitute—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><level class="para1"><num>(a)</num><intro><p>if at the issue date the issuing company is a knowledge-intensive company (see section 252A) and—</p></intro><level class="para2"><num>(i)</num><content><p>not a specified Northern Ireland company, £40 million;</p></content></level><level class="para2"><num>(ii)</num><content><p>a specified Northern Ireland company, £20 million, and</p></content></level></level><level class="para1"><num>(b)</num><intro><p>if at the issue date the issuing company is not a knowledge-intensive company and—</p></intro><level class="para2"><num>(i)</num><content><p>not a specified Northern Ireland company, £24 million;</p></content></level><level class="para2"><num>(ii)</num><content><p>a specified Northern Ireland company, £12 million.</p></content></level></level></quotedStructure><inline name="appendText">.</inline></mod></p></content></subsection><subsection eId="section-14-5"><num>(5)</num><intro><p>In section 175 (the use of the money raised requirement)—</p></intro><level class="para1" eId="section-14-5-a"><num>(a)</num><content><p><mod>in subsection (1), for “The” substitute <quotedText>“A”</quotedText>;</mod></p></content></level><level class="para1" eId="section-14-5-b"><num>(b)</num><content><p><mod>after subsection (1A), insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><subsection><num>(1B)</num><content><p>Another requirement of this section is that, of the money raised by the issue of the relevant shares (other than any of them which are bonus shares), only such part of that money as could have been raised by an issue of shares falling within subsection (1C) is employed for the purposes of a qualifying business activity that is carried on by one or more specified Northern Ireland companies.</p></content></subsection><subsection><num>(1C)</num><content><p>Shares fall within this subsection if the general requirements referred to in section 172 as they apply in relation to shares issued by a specified Northern Ireland company are met in respect of them.</p></content></subsection></quotedStructure><inline name="appendText">.</inline></mod></p></content></level></subsection><subsection eId="section-14-6"><num>(6)</num><intro><p>In section 186 (the gross assets requirement)—</p></intro><level class="para1" eId="section-14-6-a"><num>(a)</num><content><p><mod>before subsection (1), insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><subsection><num>A1</num><intro><p>In the case of relevant shares issued by a single company that is not a specified Northern Ireland company, the value of the company’s gross assets—</p></intro><level class="para1"><num>(a)</num><content><p>must not exceed £30 million immediately before the relevant share issue, and</p></content></level><level class="para1"><num>(b)</num><content><p>must not exceed £35 million immediately afterwards.</p></content></level></subsection><subsection><num>A2</num><intro><p>In the case of relevant shares issued by a parent company that is not a specified Northern Ireland company, the value of the group assets—</p></intro><level class="para1"><num>(a)</num><content><p>must not exceed £30 million immediately before the relevant share issue, and</p></content></level><level class="para1"><num>(b)</num><content><p>must not exceed £35 million immediately afterwards.</p></content></level></subsection></quotedStructure><inline name="appendText">;</inline></mod></p></content></level><level class="para1" eId="section-14-6-b"><num>(b)</num><content><p><mod>in subsection (1), after “single company” insert <quotedText>“that is a specified Northern Ireland company”</quotedText>;</mod></p></content></level><level class="para1" eId="section-14-6-c"><num>(c)</num><content><p><mod>in subsection (2), after “parent company” insert <quotedText>“that is a specified Northern Ireland company”</quotedText>.</mod></p></content></level></subsection><subsection eId="section-14-7"><num>(7)</num><content><p><mod>After section 256A, insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><section><num>256B</num><heading>Meaning of “specified Northern Ireland company”</heading><intro><p>For the purposes of this Part, a “<term refersTo="#term-specified-northern-ireland-company">specified Northern Ireland company</term>” means a company that—</p></intro><level class="para1"><num>(a)</num><content><p>has its registered office in Northern Ireland, and</p></content></level><level class="para1"><num>(b)</num><intro><p>carries on a trade involving—</p></intro><level class="para2"><num>(i)</num><content><p>a trade in goods, or</p></content></level><level class="para2"><num>(ii)</num><content><p>the generation, transmission, distribution, supply, wholesale trade or cross-border exchange of electricity.</p></content></level></level></section></quotedStructure><inline name="appendText">.</inline></mod></p></content></subsection><subsection eId="section-14-8"><num>(8)</num><content><p>The amendments made by this section come into force on 6 April 2026.</p></content></subsection></section>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-14-1"><num>(1)</num><content><p>Part 5 of ITA 2007 is amended as follows.</p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="section-14-2"><num>(2)</num><content><p><mod>In section 173A(1) (the maximum amount raised annually through risk finance investments requirement), for paragraphs (a) and (b) substitute—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><level class="para1"><num>(a)</num><intro><p>if at that date the issuing company is a knowledge-intensive company (see section 252A and subsection (5A)) and—</p></intro><level class="para2"><num>(i)</num><content><p>not a specified Northern Ireland company, £20 million;</p></content></level><level class="para2"><num>(ii)</num><content><p>a specified Northern Ireland company, £10 million, and</p></content></level></level><level class="para1"><num>(b)</num><intro><p>if at that date the issuing company is not a knowledge-intensive company and—</p></intro><level class="para2"><num>(i)</num><content><p>not a specified Northern Ireland company, £10 million;</p></content></level><level class="para2"><num>(ii)</num><content><p>a specified Northern Ireland company, £5 million.</p></content></level></level></quotedStructure><inline name="appendText">.</inline></mod></p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="section-14-3"><num>(3)</num><content><p><mod>In section 173AA(1) (maximum risk finance investments at the issue date requirement), for paragraphs (a) and (b) substitute—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><level class="para1"><num>(a)</num><intro><p>if at the issue date the issuing company is a knowledge-intensive company (see section 252A) and—</p></intro><level class="para2"><num>(i)</num><content><p>not a specified Northern Ireland company, £40 million;</p></content></level><level class="para2"><num>(ii)</num><content><p>a specified Northern Ireland company, £20 million, and</p></content></level></level><level class="para1"><num>(b)</num><intro><p>if at the issue date the issuing company is not a knowledge-intensive company and—</p></intro><level class="para2"><num>(i)</num><content><p>not a specified Northern Ireland company, £24 million;</p></content></level><level class="para2"><num>(ii)</num><content><p>a specified Northern Ireland company, £12 million.</p></content></level></level></quotedStructure><inline name="appendText">.</inline></mod></p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="section-14-4"><num>(4)</num><content><p><mod>In section 173AB(4) (maximum risk finance investments during period B requirement) for paragraphs (a) and (b) substitute—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><level class="para1"><num>(a)</num><intro><p>if at the issue date the issuing company is a knowledge-intensive company (see section 252A) and—</p></intro><level class="para2"><num>(i)</num><content><p>not a specified Northern Ireland company, £40 million;</p></content></level><level class="para2"><num>(ii)</num><content><p>a specified Northern Ireland company, £20 million, and</p></content></level></level><level class="para1"><num>(b)</num><intro><p>if at the issue date the issuing company is not a knowledge-intensive company and—</p></intro><level class="para2"><num>(i)</num><content><p>not a specified Northern Ireland company, £24 million;</p></content></level><level class="para2"><num>(ii)</num><content><p>a specified Northern Ireland company, £12 million.</p></content></level></level></quotedStructure><inline name="appendText">.</inline></mod></p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="section-14-5"><num>(5)</num><intro><p>In section 175 (the use of the money raised requirement)—</p></intro><level class="para1" eId="section-14-5-a"><num>(a)</num><content><p><mod>in subsection (1), for “The” substitute <quotedText>“A”</quotedText>;</mod></p></content></level><level class="para1" eId="section-14-5-b"><num>(b)</num><content><p><mod>after subsection (1A), insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><subsection><num>(1B)</num><content><p>Another requirement of this section is that, of the money raised by the issue of the relevant shares (other than any of them which are bonus shares), only such part of that money as could have been raised by an issue of shares falling within subsection (1C) is employed for the purposes of a qualifying business activity that is carried on by one or more specified Northern Ireland companies.</p></content></subsection><subsection><num>(1C)</num><content><p>Shares fall within this subsection if the general requirements referred to in section 172 as they apply in relation to shares issued by a specified Northern Ireland company are met in respect of them.</p></content></subsection></quotedStructure><inline name="appendText">.</inline></mod></p></content></level></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-14-5-a"><num>(a)</num><content><p><mod>in subsection (1), for “The” substitute <quotedText>“A”</quotedText>;</mod></p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" class="para1" eId="section-14-5-b"><num>(b)</num><content><p><mod>after subsection (1A), insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><subsection><num>(1B)</num><content><p>Another requirement of this section is that, of the money raised by the issue of the relevant shares (other than any of them which are bonus shares), only such part of that money as could have been raised by an issue of shares falling within subsection (1C) is employed for the purposes of a qualifying business activity that is carried on by one or more specified Northern Ireland companies.</p></content></subsection><subsection><num>(1C)</num><content><p>Shares fall within this subsection if the general requirements referred to in section 172 as they apply in relation to shares issued by a specified Northern Ireland company are met in respect of them.</p></content></subsection></quotedStructure><inline name="appendText">.</inline></mod></p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="section-14-6"><num>(6)</num><intro><p>In section 186 (the gross assets requirement)—</p></intro><level class="para1" eId="section-14-6-a"><num>(a)</num><content><p><mod>before subsection (1), insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><subsection><num>A1</num><intro><p>In the case of relevant shares issued by a single company that is not a specified Northern Ireland company, the value of the company’s gross assets—</p></intro><level class="para1"><num>(a)</num><content><p>must not exceed £30 million immediately before the relevant share issue, and</p></content></level><level class="para1"><num>(b)</num><content><p>must not exceed £35 million immediately afterwards.</p></content></level></subsection><subsection><num>A2</num><intro><p>In the case of relevant shares issued by a parent company that is not a specified Northern Ireland company, the value of the group assets—</p></intro><level class="para1"><num>(a)</num><content><p>must not exceed £30 million immediately before the relevant share issue, and</p></content></level><level class="para1"><num>(b)</num><content><p>must not exceed £35 million immediately afterwards.</p></content></level></subsection></quotedStructure><inline name="appendText">;</inline></mod></p></content></level><level class="para1" eId="section-14-6-b"><num>(b)</num><content><p><mod>in subsection (1), after “single company” insert <quotedText>“that is a specified Northern Ireland company”</quotedText>;</mod></p></content></level><level class="para1" eId="section-14-6-c"><num>(c)</num><content><p><mod>in subsection (2), after “parent company” insert <quotedText>“that is a specified Northern Ireland company”</quotedText>.</mod></p></content></level></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" class="para1" eId="section-14-6-a"><num>(a)</num><content><p><mod>before subsection (1), insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><subsection><num>A1</num><intro><p>In the case of relevant shares issued by a single company that is not a specified Northern Ireland company, the value of the company’s gross assets—</p></intro><level class="para1"><num>(a)</num><content><p>must not exceed £30 million immediately before the relevant share issue, and</p></content></level><level class="para1"><num>(b)</num><content><p>must not exceed £35 million immediately afterwards.</p></content></level></subsection><subsection><num>A2</num><intro><p>In the case of relevant shares issued by a parent company that is not a specified Northern Ireland company, the value of the group assets—</p></intro><level class="para1"><num>(a)</num><content><p>must not exceed £30 million immediately before the relevant share issue, and</p></content></level><level class="para1"><num>(b)</num><content><p>must not exceed £35 million immediately afterwards.</p></content></level></subsection></quotedStructure><inline name="appendText">;</inline></mod></p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-14-6-b"><num>(b)</num><content><p><mod>in subsection (1), after “single company” insert <quotedText>“that is a specified Northern Ireland company”</quotedText>;</mod></p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-14-6-c"><num>(c)</num><content><p><mod>in subsection (2), after “parent company” insert <quotedText>“that is a specified Northern Ireland company”</quotedText>.</mod></p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="section-14-7"><num>(7)</num><content><p><mod>After section 256A, insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><section><num>256B</num><heading>Meaning of “specified Northern Ireland company”</heading><intro><p>For the purposes of this Part, a “<term refersTo="#term-specified-northern-ireland-company">specified Northern Ireland company</term>” means a company that—</p></intro><level class="para1"><num>(a)</num><content><p>has its registered office in Northern Ireland, and</p></content></level><level class="para1"><num>(b)</num><intro><p>carries on a trade involving—</p></intro><level class="para2"><num>(i)</num><content><p>a trade in goods, or</p></content></level><level class="para2"><num>(ii)</num><content><p>the generation, transmission, distribution, supply, wholesale trade or cross-border exchange of electricity.</p></content></level></level></section></quotedStructure><inline name="appendText">.</inline></mod></p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-14-8"><num>(8)</num><content><p>The amendments made by this section come into force on 6 April 2026.</p></content></subsection>
<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="section-15"><num>15</num><heading>Venture capital trusts: rate of relief and amounts and asset requirements</heading><subsection eId="section-15-1"><num>(1)</num><content><p>Part 6 of ITA 2007 is amended as follows.</p></content></subsection><subsection eId="section-15-2"><num>(2)</num><content><p><mod>In section 263(2) (form and amount of relief), for “30%” substitute <quotedText>“20%”</quotedText>.</mod></p></content></subsection><subsection eId="section-15-3"><num>(3)</num><content><p><mod>In section 292A(1) (the maximum amount raised annually through risk finance investments requirement ), for paragraphs (a) and (b) substitute—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><level class="para1"><num>(a)</num><intro><p>if at that date the relevant company is a knowledge-intensive company (see section 331A and subsection (6A)) and—</p></intro><level class="para2"><num>(i)</num><content><p>not a specified Northern Ireland company, £20 million;</p></content></level><level class="para2"><num>(ii)</num><content><p>a specified Northern Ireland company, £10 million, and</p></content></level></level><level class="para1"><num>(b)</num><intro><p>if at that date the relevant company is not a knowledge-intensive company and—</p></intro><level class="para2"><num>(i)</num><content><p>not a specified Northern Ireland company, £10 million;</p></content></level><level class="para2"><num>(ii)</num><content><p>a specified Northern Ireland company, £5 million.</p></content></level></level></quotedStructure><inline name="appendText">.</inline></mod></p></content></subsection><subsection eId="section-15-4"><num>(4)</num><content><p><mod>In section 292AA(1) (maximum risk finance investments when relevant holding is issued requirement), for paragraphs (a) and (b) substitute—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><level class="para1"><num>(a)</num><intro><p>if at the investment date the relevant company is a knowledge-intensive company (see section 331A) and—</p></intro><level class="para2"><num>(i)</num><content><p>not a specified Northern Ireland company, £40 million;</p></content></level><level class="para2"><num>(ii)</num><content><p>a specified Northern Ireland company, £20 million, and</p></content></level></level><level class="para1"><num>(b)</num><intro><p>if at the investment date the relevant company is not a knowledge-intensive company and—</p></intro><level class="para2"><num>(i)</num><content><p>not a specified Northern Ireland company, £24 million;</p></content></level><level class="para2"><num>(ii)</num><content><p>a specified Northern Ireland company, £12 million.</p></content></level></level></quotedStructure><inline name="appendText">.</inline></mod></p></content></subsection><subsection eId="section-15-5"><num>(5)</num><content><p><mod>In section 292AB(4) (maximum risk finance investments during the 5-year post-investment period requirement), for paragraphs (a) and (b) substitute—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><level class="para1"><num>(a)</num><intro><p>if at the investment date the relevant company is a knowledge-intensive company (see section 331A) and—</p></intro><level class="para2"><num>(i)</num><content><p>not a specified Northern Ireland company, £40 million;</p></content></level><level class="para2"><num>(ii)</num><content><p>a specified Northern Ireland company, £20 million, and</p></content></level></level><level class="para1"><num>(b)</num><intro><p>if at the investment date the relevant company is not a knowledge-intensive company and—</p></intro><level class="para2"><num>(i)</num><content><p>not a specified Northern Ireland company, £24 million;</p></content></level><level class="para2"><num>(ii)</num><content><p>a specified Northern Ireland company, £12 million.</p></content></level></level></quotedStructure><inline name="appendText">.</inline></mod></p></content></subsection><subsection eId="section-15-6"><num>(6)</num><intro><p>In section 293 (the use of the money raised requirement)—</p></intro><level class="para1" eId="section-15-6-a"><num>(a)</num><content><p><mod>in subsection (1), for “The” substitute <quotedText>“A”</quotedText>;</mod></p></content></level><level class="para1" eId="section-15-6-b"><num>(b)</num><content><p><mod>after subsection (5A) insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><subsection><num>(5B)</num><content><p>Another requirement of this section is that, of the money raised by the issue of the relevant holding, only such part of that money as could have been raised by an issue of shares and securities falling within subsection (5C) is employed for the purposes of a qualifying business activity that is carried on by one or more specified Northern Ireland companies.</p></content></subsection><subsection><num>(5C)</num><content><p>Shares and securities fall within this subsection if the requirements in section 286(2) as they apply in relation to a relevant company that is a specified Northern Ireland company are met in respect of them.</p></content></subsection></quotedStructure><inline name="appendText">.</inline></mod></p></content></level></subsection><subsection eId="section-15-7"><num>(7)</num><intro><p>In section 297 (the gross assets requirement)—</p></intro><level class="para1" eId="section-15-7-a"><num>(a)</num><content><p><mod>before subsection (1) insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><subsection><num>A1</num><intro><p>The requirement of this section in the case of a relevant company that is a single company and not a specified Northern Ireland company is that the value of the company’s gross assets—</p></intro><level class="para1"><num>(a)</num><content><p>did not exceed £30 million immediately before the issue of the relevant holding, and</p></content></level><level class="para1"><num>(b)</num><content><p>did not exceed £35 million immediately afterwards.</p></content></level></subsection><subsection><num>A2</num><intro><p>The requirement of this section in the case of a relevant company that is a parent company and not a specified Northern Ireland company is that the value of the group assets—</p></intro><level class="para1"><num>(a)</num><content><p>did not exceed £30 million immediately before the issue of the relevant holding, and</p></content></level><level class="para1"><num>(b)</num><content><p>did not exceed £35 million immediately afterwards.</p></content></level></subsection></quotedStructure><inline name="appendText">;</inline></mod></p></content></level><level class="para1" eId="section-15-7-b"><num>(b)</num><content><p><mod>in subsection (1), after “single company” insert <quotedText>“and a specified Northern Ireland company”</quotedText>;</mod></p></content></level><level class="para1" eId="section-15-7-c"><num>(c)</num><content><p><mod>in subsection (2), after “parent company” insert <quotedText>“and a specified Northern Ireland company”</quotedText>.</mod></p></content></level></subsection><subsection eId="section-15-8"><num>(8)</num><content><p><mod>After section 331B, insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><section><num>331C</num><heading>Meaning of “specified Northern Ireland company”</heading><intro><p>For the purposes of this Part, a “<term refersTo="#term-specified-northern-ireland-company">specified Northern Ireland company</term>” means a company that—</p></intro><level class="para1"><num>(a)</num><content><p>has its registered office in Northern Ireland, and</p></content></level><level class="para1"><num>(b)</num><intro><p>carries on a trade involving—</p></intro><level class="para2"><num>(i)</num><content><p>a trade in goods, or</p></content></level><level class="para2"><num>(ii)</num><content><p>the generation, transmission, distribution, supply, wholesale trade or cross-border exchange of electricity.</p></content></level></level></section></quotedStructure><inline name="appendText">.</inline></mod></p></content></subsection><subsection eId="section-15-9"><num>(9)</num><content><p>The amendments made by this section come into force on 6 April 2026.</p></content></subsection></section>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-15-1"><num>(1)</num><content><p>Part 6 of ITA 2007 is amended as follows.</p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-15-2"><num>(2)</num><content><p><mod>In section 263(2) (form and amount of relief), for “30%” substitute <quotedText>“20%”</quotedText>.</mod></p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="section-15-3"><num>(3)</num><content><p><mod>In section 292A(1) (the maximum amount raised annually through risk finance investments requirement ), for paragraphs (a) and (b) substitute—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><level class="para1"><num>(a)</num><intro><p>if at that date the relevant company is a knowledge-intensive company (see section 331A and subsection (6A)) and—</p></intro><level class="para2"><num>(i)</num><content><p>not a specified Northern Ireland company, £20 million;</p></content></level><level class="para2"><num>(ii)</num><content><p>a specified Northern Ireland company, £10 million, and</p></content></level></level><level class="para1"><num>(b)</num><intro><p>if at that date the relevant company is not a knowledge-intensive company and—</p></intro><level class="para2"><num>(i)</num><content><p>not a specified Northern Ireland company, £10 million;</p></content></level><level class="para2"><num>(ii)</num><content><p>a specified Northern Ireland company, £5 million.</p></content></level></level></quotedStructure><inline name="appendText">.</inline></mod></p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="section-15-4"><num>(4)</num><content><p><mod>In section 292AA(1) (maximum risk finance investments when relevant holding is issued requirement), for paragraphs (a) and (b) substitute—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><level class="para1"><num>(a)</num><intro><p>if at the investment date the relevant company is a knowledge-intensive company (see section 331A) and—</p></intro><level class="para2"><num>(i)</num><content><p>not a specified Northern Ireland company, £40 million;</p></content></level><level class="para2"><num>(ii)</num><content><p>a specified Northern Ireland company, £20 million, and</p></content></level></level><level class="para1"><num>(b)</num><intro><p>if at the investment date the relevant company is not a knowledge-intensive company and—</p></intro><level class="para2"><num>(i)</num><content><p>not a specified Northern Ireland company, £24 million;</p></content></level><level class="para2"><num>(ii)</num><content><p>a specified Northern Ireland company, £12 million.</p></content></level></level></quotedStructure><inline name="appendText">.</inline></mod></p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="section-15-5"><num>(5)</num><content><p><mod>In section 292AB(4) (maximum risk finance investments during the 5-year post-investment period requirement), for paragraphs (a) and (b) substitute—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><level class="para1"><num>(a)</num><intro><p>if at the investment date the relevant company is a knowledge-intensive company (see section 331A) and—</p></intro><level class="para2"><num>(i)</num><content><p>not a specified Northern Ireland company, £40 million;</p></content></level><level class="para2"><num>(ii)</num><content><p>a specified Northern Ireland company, £20 million, and</p></content></level></level><level class="para1"><num>(b)</num><intro><p>if at the investment date the relevant company is not a knowledge-intensive company and—</p></intro><level class="para2"><num>(i)</num><content><p>not a specified Northern Ireland company, £24 million;</p></content></level><level class="para2"><num>(ii)</num><content><p>a specified Northern Ireland company, £12 million.</p></content></level></level></quotedStructure><inline name="appendText">.</inline></mod></p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="section-15-6"><num>(6)</num><intro><p>In section 293 (the use of the money raised requirement)—</p></intro><level class="para1" eId="section-15-6-a"><num>(a)</num><content><p><mod>in subsection (1), for “The” substitute <quotedText>“A”</quotedText>;</mod></p></content></level><level class="para1" eId="section-15-6-b"><num>(b)</num><content><p><mod>after subsection (5A) insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><subsection><num>(5B)</num><content><p>Another requirement of this section is that, of the money raised by the issue of the relevant holding, only such part of that money as could have been raised by an issue of shares and securities falling within subsection (5C) is employed for the purposes of a qualifying business activity that is carried on by one or more specified Northern Ireland companies.</p></content></subsection><subsection><num>(5C)</num><content><p>Shares and securities fall within this subsection if the requirements in section 286(2) as they apply in relation to a relevant company that is a specified Northern Ireland company are met in respect of them.</p></content></subsection></quotedStructure><inline name="appendText">.</inline></mod></p></content></level></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-15-6-a"><num>(a)</num><content><p><mod>in subsection (1), for “The” substitute <quotedText>“A”</quotedText>;</mod></p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" class="para1" eId="section-15-6-b"><num>(b)</num><content><p><mod>after subsection (5A) insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><subsection><num>(5B)</num><content><p>Another requirement of this section is that, of the money raised by the issue of the relevant holding, only such part of that money as could have been raised by an issue of shares and securities falling within subsection (5C) is employed for the purposes of a qualifying business activity that is carried on by one or more specified Northern Ireland companies.</p></content></subsection><subsection><num>(5C)</num><content><p>Shares and securities fall within this subsection if the requirements in section 286(2) as they apply in relation to a relevant company that is a specified Northern Ireland company are met in respect of them.</p></content></subsection></quotedStructure><inline name="appendText">.</inline></mod></p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="section-15-7"><num>(7)</num><intro><p>In section 297 (the gross assets requirement)—</p></intro><level class="para1" eId="section-15-7-a"><num>(a)</num><content><p><mod>before subsection (1) insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><subsection><num>A1</num><intro><p>The requirement of this section in the case of a relevant company that is a single company and not a specified Northern Ireland company is that the value of the company’s gross assets—</p></intro><level class="para1"><num>(a)</num><content><p>did not exceed £30 million immediately before the issue of the relevant holding, and</p></content></level><level class="para1"><num>(b)</num><content><p>did not exceed £35 million immediately afterwards.</p></content></level></subsection><subsection><num>A2</num><intro><p>The requirement of this section in the case of a relevant company that is a parent company and not a specified Northern Ireland company is that the value of the group assets—</p></intro><level class="para1"><num>(a)</num><content><p>did not exceed £30 million immediately before the issue of the relevant holding, and</p></content></level><level class="para1"><num>(b)</num><content><p>did not exceed £35 million immediately afterwards.</p></content></level></subsection></quotedStructure><inline name="appendText">;</inline></mod></p></content></level><level class="para1" eId="section-15-7-b"><num>(b)</num><content><p><mod>in subsection (1), after “single company” insert <quotedText>“and a specified Northern Ireland company”</quotedText>;</mod></p></content></level><level class="para1" eId="section-15-7-c"><num>(c)</num><content><p><mod>in subsection (2), after “parent company” insert <quotedText>“and a specified Northern Ireland company”</quotedText>.</mod></p></content></level></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" class="para1" eId="section-15-7-a"><num>(a)</num><content><p><mod>before subsection (1) insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><subsection><num>A1</num><intro><p>The requirement of this section in the case of a relevant company that is a single company and not a specified Northern Ireland company is that the value of the company’s gross assets—</p></intro><level class="para1"><num>(a)</num><content><p>did not exceed £30 million immediately before the issue of the relevant holding, and</p></content></level><level class="para1"><num>(b)</num><content><p>did not exceed £35 million immediately afterwards.</p></content></level></subsection><subsection><num>A2</num><intro><p>The requirement of this section in the case of a relevant company that is a parent company and not a specified Northern Ireland company is that the value of the group assets—</p></intro><level class="para1"><num>(a)</num><content><p>did not exceed £30 million immediately before the issue of the relevant holding, and</p></content></level><level class="para1"><num>(b)</num><content><p>did not exceed £35 million immediately afterwards.</p></content></level></subsection></quotedStructure><inline name="appendText">;</inline></mod></p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-15-7-b"><num>(b)</num><content><p><mod>in subsection (1), after “single company” insert <quotedText>“and a specified Northern Ireland company”</quotedText>;</mod></p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-15-7-c"><num>(c)</num><content><p><mod>in subsection (2), after “parent company” insert <quotedText>“and a specified Northern Ireland company”</quotedText>.</mod></p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="section-15-8"><num>(8)</num><content><p><mod>After section 331B, insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><section><num>331C</num><heading>Meaning of “specified Northern Ireland company”</heading><intro><p>For the purposes of this Part, a “<term refersTo="#term-specified-northern-ireland-company">specified Northern Ireland company</term>” means a company that—</p></intro><level class="para1"><num>(a)</num><content><p>has its registered office in Northern Ireland, and</p></content></level><level class="para1"><num>(b)</num><intro><p>carries on a trade involving—</p></intro><level class="para2"><num>(i)</num><content><p>a trade in goods, or</p></content></level><level class="para2"><num>(ii)</num><content><p>the generation, transmission, distribution, supply, wholesale trade or cross-border exchange of electricity.</p></content></level></level></section></quotedStructure><inline name="appendText">.</inline></mod></p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-15-9"><num>(9)</num><content><p>The amendments made by this section come into force on 6 April 2026.</p></content></subsection>
<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-16"><num>16</num><heading>CSOP schemes and EMI: PISCES shares</heading><subsection eId="section-16-1"><num>(1)</num><intro><p>If—</p></intro><level class="para1" eId="section-16-1-a"><num>(a)</num><content><p>a share option is granted under a CSOP scheme before 6 April 2028,</p></content></level><level class="para1" eId="section-16-1-b"><num>(b)</num><content><p>the terms of the option which are mentioned in paragraph 21A(1)(d) of Schedule 4 to ITEPA 2003 are, at any time on or after 15 May 2025, varied, and</p></content></level><level class="para1" eId="section-16-1-c"><num>(c)</num><content><p>the sole effect of the provision constituting the variation is that, in the event that the shares are or become PISCES shares, the option may be exercised (to any extent) but only if the shares acquired as a result of its exercise are then sold on a PISCES as soon as is reasonably practicable,</p></content></level><wrapUp><p>the provision mentioned in paragraph (c) is to be treated for the purposes of the CSOP code as if it had been included in the share option at the time at which the option was granted.</p></wrapUp></subsection><subsection eId="section-16-2"><num>(2)</num><content><p>Subsection (1) is to have effect as if contained in Schedule 4 to ITEPA 2003.</p></content></subsection><subsection eId="section-16-3"><num>(3)</num><intro><p>If—</p></intro><level class="para1" eId="section-16-3-a"><num>(a)</num><content><p>a share option which is a qualifying option for the purposes of the EMI code is granted before 6 April 2028,</p></content></level><level class="para1" eId="section-16-3-b"><num>(b)</num><content><p>the terms of the option which are mentioned in paragraph 37(2)(e) of Schedule 5 to ITEPA 2003 are, at any time on or after 15 May 2025, varied, and</p></content></level><level class="para1" eId="section-16-3-c"><num>(c)</num><content><p>the sole effect of the provision constituting the variation is that, in the event that the shares are or become PISCES shares, the option may be exercised (to any extent) but only if the shares acquired as a result of its exercise are then sold on a PISCES as soon as is reasonably practicable,</p></content></level><wrapUp><p>the provision mentioned in paragraph (c) is to be treated for the purposes of the EMI code as if it had been included in the share option at the time at which the option was granted.</p></wrapUp></subsection><subsection eId="section-16-4"><num>(4)</num><content><p>Subsection (3) is to have effect as if contained in Schedule 5 to ITEPA 2003.</p></content></subsection><subsection eId="section-16-5"><num>(5)</num><intro><p>A variation of an option is not to count for the purposes of this section unless—</p></intro><level class="para1" eId="section-16-5-a"><num>(a)</num><content><p>the variation is effected by a written agreement to which the person entitled to exercise the option is a party, or</p></content></level><level class="para1" eId="section-16-5-b"><num>(b)</num><content><p>the variation is otherwise notified in writing to that person.</p></content></level></subsection><subsection eId="section-16-6"><num>(6)</num><content><p>For the purposes of this section, “<term refersTo="#term-pisces-shares" eId="term-pisces-shares">PISCES shares</term>” and “<term refersTo="#term-a-pisces" eId="term-a-pisces">a PISCES</term>” have the same meaning as in the applicable PISCES regulations.</p></content></subsection><subsection eId="section-16-7"><num>(7)</num><intro><p>For this purpose, “<term refersTo="#term-the-applicable-pisces-regulations" eId="term-the-applicable-pisces-regulations">the applicable PISCES regulations</term>” means—</p></intro><level class="para1" eId="section-16-7-a"><num>(a)</num><content><p>the Financial Services and Markets Act 2023 (Private Intermittent Securities and Capital Exchange System Sandbox) Regulations 2025 (“<term refersTo="#term-the-2025-regulations" eId="term-the-2025-regulations">the 2025 regulations</term>”), or</p></content></level><level class="para1" eId="section-16-7-b"><num>(b)</num><content><p>if regulations are made under section 15 of the Financial Services and Markets Act 2023 (“<term refersTo="#term-the-2023-act" eId="term-the-2023-act">the 2023 Act</term>”) in the case of a PISCES, regulations under that section.</p></content></level></subsection><subsection eId="section-16-8"><num>(8)</num><intro><p>If—</p></intro><level class="para1" eId="section-16-8-a"><num>(a)</num><content><p>regulations made under section 15 of the 2023 Act use expressions other than PISCES shares or a PISCES, but</p></content></level><level class="para1" eId="section-16-8-b"><num>(b)</num><content><p>those other expressions are used in those regulations for the same or similar purposes as the expressions PISCES and a PISCES are used in the 2025 regulations,</p></content></level><wrapUp><p>this section has effect as if the references to PISCES shares or a PISCES are to those other expressions.</p></wrapUp></subsection></section>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-16-1"><num>(1)</num><intro><p>If—</p></intro><level class="para1" eId="section-16-1-a"><num>(a)</num><content><p>a share option is granted under a CSOP scheme before 6 April 2028,</p></content></level><level class="para1" eId="section-16-1-b"><num>(b)</num><content><p>the terms of the option which are mentioned in paragraph 21A(1)(d) of Schedule 4 to ITEPA 2003 are, at any time on or after 15 May 2025, varied, and</p></content></level><level class="para1" eId="section-16-1-c"><num>(c)</num><content><p>the sole effect of the provision constituting the variation is that, in the event that the shares are or become PISCES shares, the option may be exercised (to any extent) but only if the shares acquired as a result of its exercise are then sold on a PISCES as soon as is reasonably practicable,</p></content></level><wrapUp><p>the provision mentioned in paragraph (c) is to be treated for the purposes of the CSOP code as if it had been included in the share option at the time at which the option was granted.</p></wrapUp></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-16-1-a"><num>(a)</num><content><p>a share option is granted under a CSOP scheme before 6 April 2028,</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-16-1-b"><num>(b)</num><content><p>the terms of the option which are mentioned in paragraph 21A(1)(d) of Schedule 4 to ITEPA 2003 are, at any time on or after 15 May 2025, varied, and</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-16-1-c"><num>(c)</num><content><p>the sole effect of the provision constituting the variation is that, in the event that the shares are or become PISCES shares, the option may be exercised (to any extent) but only if the shares acquired as a result of its exercise are then sold on a PISCES as soon as is reasonably practicable,</p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-16-2"><num>(2)</num><content><p>Subsection (1) is to have effect as if contained in Schedule 4 to ITEPA 2003.</p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-16-3"><num>(3)</num><intro><p>If—</p></intro><level class="para1" eId="section-16-3-a"><num>(a)</num><content><p>a share option which is a qualifying option for the purposes of the EMI code is granted before 6 April 2028,</p></content></level><level class="para1" eId="section-16-3-b"><num>(b)</num><content><p>the terms of the option which are mentioned in paragraph 37(2)(e) of Schedule 5 to ITEPA 2003 are, at any time on or after 15 May 2025, varied, and</p></content></level><level class="para1" eId="section-16-3-c"><num>(c)</num><content><p>the sole effect of the provision constituting the variation is that, in the event that the shares are or become PISCES shares, the option may be exercised (to any extent) but only if the shares acquired as a result of its exercise are then sold on a PISCES as soon as is reasonably practicable,</p></content></level><wrapUp><p>the provision mentioned in paragraph (c) is to be treated for the purposes of the EMI code as if it had been included in the share option at the time at which the option was granted.</p></wrapUp></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-16-3-a"><num>(a)</num><content><p>a share option which is a qualifying option for the purposes of the EMI code is granted before 6 April 2028,</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-16-3-b"><num>(b)</num><content><p>the terms of the option which are mentioned in paragraph 37(2)(e) of Schedule 5 to ITEPA 2003 are, at any time on or after 15 May 2025, varied, and</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-16-3-c"><num>(c)</num><content><p>the sole effect of the provision constituting the variation is that, in the event that the shares are or become PISCES shares, the option may be exercised (to any extent) but only if the shares acquired as a result of its exercise are then sold on a PISCES as soon as is reasonably practicable,</p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-16-4"><num>(4)</num><content><p>Subsection (3) is to have effect as if contained in Schedule 5 to ITEPA 2003.</p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-16-5"><num>(5)</num><intro><p>A variation of an option is not to count for the purposes of this section unless—</p></intro><level class="para1" eId="section-16-5-a"><num>(a)</num><content><p>the variation is effected by a written agreement to which the person entitled to exercise the option is a party, or</p></content></level><level class="para1" eId="section-16-5-b"><num>(b)</num><content><p>the variation is otherwise notified in writing to that person.</p></content></level></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-16-5-a"><num>(a)</num><content><p>the variation is effected by a written agreement to which the person entitled to exercise the option is a party, or</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-16-5-b"><num>(b)</num><content><p>the variation is otherwise notified in writing to that person.</p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-16-6"><num>(6)</num><content><p>For the purposes of this section, “<term refersTo="#term-pisces-shares" eId="term-pisces-shares">PISCES shares</term>” and “<term refersTo="#term-a-pisces" eId="term-a-pisces">a PISCES</term>” have the same meaning as in the applicable PISCES regulations.</p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-16-7"><num>(7)</num><intro><p>For this purpose, “<term refersTo="#term-the-applicable-pisces-regulations" eId="term-the-applicable-pisces-regulations">the applicable PISCES regulations</term>” means—</p></intro><level class="para1" eId="section-16-7-a"><num>(a)</num><content><p>the Financial Services and Markets Act 2023 (Private Intermittent Securities and Capital Exchange System Sandbox) Regulations 2025 (“<term refersTo="#term-the-2025-regulations" eId="term-the-2025-regulations">the 2025 regulations</term>”), or</p></content></level><level class="para1" eId="section-16-7-b"><num>(b)</num><content><p>if regulations are made under section 15 of the Financial Services and Markets Act 2023 (“<term refersTo="#term-the-2023-act" eId="term-the-2023-act">the 2023 Act</term>”) in the case of a PISCES, regulations under that section.</p></content></level></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-16-7-a"><num>(a)</num><content><p>the Financial Services and Markets Act 2023 (Private Intermittent Securities and Capital Exchange System Sandbox) Regulations 2025 (“<term refersTo="#term-the-2025-regulations" eId="term-the-2025-regulations">the 2025 regulations</term>”), or</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-16-7-b"><num>(b)</num><content><p>if regulations are made under section 15 of the Financial Services and Markets Act 2023 (“<term refersTo="#term-the-2023-act" eId="term-the-2023-act">the 2023 Act</term>”) in the case of a PISCES, regulations under that section.</p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-16-8"><num>(8)</num><intro><p>If—</p></intro><level class="para1" eId="section-16-8-a"><num>(a)</num><content><p>regulations made under section 15 of the 2023 Act use expressions other than PISCES shares or a PISCES, but</p></content></level><level class="para1" eId="section-16-8-b"><num>(b)</num><content><p>those other expressions are used in those regulations for the same or similar purposes as the expressions PISCES and a PISCES are used in the 2025 regulations,</p></content></level><wrapUp><p>this section has effect as if the references to PISCES shares or a PISCES are to those other expressions.</p></wrapUp></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-16-8-a"><num>(a)</num><content><p>regulations made under section 15 of the 2023 Act use expressions other than PISCES shares or a PISCES, but</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-16-8-b"><num>(b)</num><content><p>those other expressions are used in those regulations for the same or similar purposes as the expressions PISCES and a PISCES are used in the 2025 regulations,</p></content></level>
<hcontainer xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" name="crossheading" ukl:Name="Pblock" eId="part-1-crossheading-employment-income-relating-to-cars-etc"><heading>Employment income relating to cars etc</heading><section eId="section-17"><num>17</num><heading>Employee car and van ownership schemes</heading><subsection eId="section-17-1"><num>(1)</num><content><p>Chapter 6 of Part 3 of ITEPA 2003 (taxable benefits: cars, vans and related benefits) is amended in accordance with subsections <ref href="#section-17-2">(2)</ref> to <ref href="#section-17-4">(4)</ref>.</p></content></subsection><subsection eId="section-17-2"><num>(2)</num><intro><p>In section 114(1)(a) (cars, vans and related benefits)—</p></intro><level class="para1" eId="section-17-2-a"><num>(a)</num><content><p>omit “(without any transfer of the property in it)”;</p></content></level><level class="para1" eId="section-17-2-b"><num>(b)</num><content><p><mod>after “household” insert <quotedText startQuote="“">—</quotedText><quotedStructure endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="default"><level class="para2"><num>(i)</num><content><p>without any transfer of the property in it, or</p></content></level><level class="para2"><num>(ii)</num><content><p>in circumstances falling within section <ref href="#d28e4173">116A</ref> (car or van made available with transfer of ownership),</p></content></level></quotedStructure><inline name="appendText">.</inline></mod></p></content></level></subsection><subsection eId="section-17-3"><num>(3)</num><intro><p>In section 116(1) (meaning of when car or van is available to employee)—</p></intro><level class="para1" eId="section-17-3-a"><num>(a)</num><content><p>omit “and without any transfer of the property in it”;</p></content></level><level class="para1" eId="section-17-3-b"><num>(b)</num><content><p><mod>after “household” insert <quotedText startQuote="“">—</quotedText><quotedStructure endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="default"><level class="para1"><num>(a)</num><content><p>without any transfer of the property in it, or</p></content></level><level class="para1"><num>(b)</num><content><p>in circumstances falling within section <ref href="#d28e4173">116A</ref>.</p></content></level></quotedStructure></mod></p></content></level></subsection><subsection eId="section-17-4"><num>(4)</num><content><p><mod>After section 116 insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><section eId="d28e4173"><num>116A</num><heading>Car or van made available with transfer of ownership</heading><subsection eId="d28e4177"><num>(1)</num><intro><p>A car or van is made available to an employee or a member of the employee’s family or household in circumstances falling within this section if the car or van is made available—</p></intro><level class="para1"><num>(a)</num><content><p>with a transfer of the property in it to the employee or member, and</p></content></level><level class="para1"><num>(b)</num><content><p>pursuant to qualifying arrangements.</p></content></level></subsection><subsection eId="d28e4195"><num>(2)</num><intro><p>For the purposes of this section, arrangements are “qualifying arrangements” if any of the following applies in relation to them—</p></intro><level class="para1" eId="d28e4201"><num>(a)</num><content><p>they include restrictions on the private use of the car or van by the employee or member;</p></content></level><level class="para1"><num>(b)</num><content><p>they provide for a person other than the employee or member to be the registered keeper of the car or van;</p></content></level><level class="para1"><num>(c)</num><content><p>they provide for the employee or member, after a certain period of time or in certain circumstances, to transfer the property in the car or van to another person for an amount determined in accordance with the arrangements;</p></content></level><level class="para1"><num>(d)</num><content><p>they are of a description specified in regulations made by the Treasury.</p></content></level></subsection><subsection><num>(3)</num><content><p>For the purposes of this Chapter, a car or van made available as mentioned in subsection <ref href="#d28e4177">(1)</ref> is to be treated as being so made available until the arrangements cease to have effect (but see sections 132A, 143 and 156 for provision about the days on which a car or van is unavailable).</p></content></subsection><subsection><num>(4)</num><intro><p>In subsection <ref href="#d28e4195">(2)</ref><ref href="#d28e4201">(a)</ref> the reference to restrictions does not include a restriction that—</p></intro><level class="para1"><num>(a)</num><content><p>is included in a motor insurance policy held in respect of the car or van, and</p></content></level><level class="para1"><num>(b)</num><content><p>might reasonably be expected to be so included.</p></content></level></subsection><subsection><num>(5)</num><intro><p>In this section—</p></intro><hcontainer name="definition"><content><p>“<term refersTo="#term-arrangements">arrangements</term>” includes any scheme, agreement or understanding, whether or not legally enforceable;</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-motor-insurance-policy">motor insurance policy</term>” means a policy of insurance that complies with the requirements of Part 6 of the Road Traffic Act 1988 or, in relation to Northern Ireland, Part 8 of the Road Traffic (Northern Ireland) Order 1981 (<ref eId="c00014" href="http://www.legislation.gov.uk/id/nisi/1981/154">S.I. 1981/154 (N.I. 1)</ref>);</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-registered-keeper">registered keeper</term>” means the person in whose name a vehicle is registered under VERA 1994.</p></content></hcontainer></subsection></section></quotedStructure></mod></p></content></subsection><subsection eId="section-17-5"><num>(5)</num><content><p>The amendments made by subsections <ref href="#section-17-2">(2)</ref> to <ref href="#section-17-4">(4)</ref> have effect for the tax year 2030-31 and subsequent tax years.</p></content></subsection><subsection eId="section-17-6"><num>(6)</num><content><p>But in relation to a car or van made available to an employee or a member of the employee’s family or household pursuant to pre-6 April 2030 arrangements, the amendments made by subsections <ref href="#section-17-2">(2)</ref> to <ref href="#section-17-4">(4)</ref> have effect for the tax year 2032-33 and subsequent tax years.</p></content></subsection><subsection eId="section-17-7"><num>(7)</num><content><p>If pre-6 April 2030 arrangements are varied or renewed on or after 6 April 2030, the car or van is treated, with effect from the beginning of the day on which the variation or renewal takes effect, as not being made available pursuant to pre-6 April 2030 arrangements.</p></content></subsection><subsection eId="section-17-8"><num>(8)</num><content><p>In subsection <ref href="#section-17-7">(7)</ref> the reference to arrangements being varied does not include any variation which is required for reasons beyond the control of the parties to the arrangements.</p></content></subsection><subsection eId="section-17-9"><num>(9)</num><content><p>In this section “<term refersTo="#term-pre-6-april-2030-arrangements" eId="term-pre-6-april-2030-arrangements">pre-6 April 2030 arrangements</term>” means arrangements which are entered into before 6 April 2030.</p></content></subsection></section><section eId="section-18"><num>18</num><heading>Car or van made available on arm’s length terms</heading><subsection eId="section-18-1"><num>(1)</num><intro><p>In section 117 of ITEPA 2003 (meaning of car or van made available by reason of employment)—</p></intro><level class="para1" eId="section-18-1-a"><num>(a)</num><content><p><mod>in subsection (1), for “or (3)” substitute <quotedText>“, (3) or <ref href="#d28e4368">(4)</ref>”</quotedText>;</mod></p></content></level><level class="para1" eId="section-18-1-b"><num>(b)</num><content><p><mod>after subsection (3) insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><subsection eId="d28e4368"><num>(4)</num><intro><p>Subsection (1) does not apply where—</p></intro><level class="para1"><num>(a)</num><content><p>the employer carries on a business under which cars or vans of the same kind are made available to members of the public for sale or lease,</p></content></level><level class="para1"><num>(b)</num><content><p>the car or van in question is sold or leased to the employee or member in the normal course of that business, and</p></content></level><level class="para1"><num>(c)</num><content><p>the terms on which the car or van is sold or leased to the employee or member might reasonably be expected to be agreed between the employer and a member of the public with whom the employer deals at arm’s length.</p></content></level></subsection></quotedStructure></mod></p></content></level></subsection><subsection eId="section-18-2"><num>(2)</num><content><p>The amendments made by subsection <ref href="#section-18-1">(1)</ref> have effect for the tax year 2026-27 and subsequent tax years.</p></content></subsection></section><section eId="section-19"><num>19</num><heading>CO<sub>2</sub> emissions figure for certain cars with an electric range figure</heading><subsection eId="section-19-1"><num>(1)</num><content><p>Chapter 6 of Part 3 of ITEPA 2003 (taxable benefits: cars etc) is amended in accordance with subsections <ref href="#section-19-2">(2)</ref> and <ref href="#section-19-3">(3)</ref>.</p></content></subsection><subsection eId="section-19-2"><num>(2)</num><content><p><mod>In section 136A (cars with a CO<sub>2</sub> emissions figure: registration on or after IP completion day), after subsection (4) insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><subsection eId="d28e4433"><num>(5)</num><content><p>Subsection (2) is also subject to section <ref href="#d28e4458">138A</ref> (certain cars with a CO<sub>2</sub> emissions figure and an electric range figure).</p></content></subsection></quotedStructure></mod></p></content></subsection><subsection eId="section-19-3"><num>(3)</num><content><p><mod>After section 138 insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><section eId="d28e4458"><num>138A</num><heading>Certain cars with a CO<sub>2</sub> emissions figure and an electric range figure</heading><subsection><num>(1)</num><intro><p>This section applies to a car if—</p></intro><level class="para1"><num>(a)</num><content><p>the car was first registered under VERA 1994 on or after 1 January 2025 and before 6 April 2028,</p></content></level><level class="para1"><num>(b)</num><content><p>the car’s CO<sub>2</sub> emissions figure (as determined under section 136A) is 51 or more,</p></content></level><level class="para1"><num>(c)</num><content><p>the CO<sub>2</sub> emissions figure or (as the case may be) the CO<sub>2</sub> emissions (combined) figure specified in the car’s qualifying emissions certificate was calculated in accordance with an emission standard other than the Euro 6d-ISC-FCM emission standard or the Euro 6e emission standard, and</p></content></level><level class="para1"><num>(d)</num><content><p>the car’s electric range figure is 1 or more.</p></content></level></subsection><subsection><num>(2)</num><content><p>For the purposes of this Chapter, the car is to be treated as having a CO<sub>2 </sub>emissions figure of 1.</p></content></subsection><subsection><num>(3)</num><intro><p>In this section—</p></intro><hcontainer name="definition"><content><p>“<term refersTo="#term-electric-range-figure">electric range figure</term>” is the number of miles which is the equivalent of the number of kilometres specified in an EC certificate of conformity, an EC type-approval certificate or a UK approval certificate on the basis of which a car is registered, as being the maximum distance for which the car can be driven in electric mode without recharging the battery;</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-euro-6d-isc-fcm-emission-standard">Euro 6d-ISC-FCM emission standard</term>” and “<term refersTo="#term-euro-6e-emission-standard">Euro 6e emission standard</term>” have the same meaning as in Schedule 3A to the Vehicle Emissions Trading Schemes Order 2023 (alternative specific emissions of CO<sub>2</sub>: OVC hybrid electric vehicles) (<ref eId="c00015" href="http://www.legislation.gov.uk/id/uksi/2023/1394">S.I. 2023/1394</ref>) (see paragraph 1 of that Schedule).</p></content></hcontainer></subsection><subsection><num>(4)</num><content><p>For the purposes of this section, in determining the electric range figure for a car, ignore any values specified in an EC certificate of conformity, an EC type-approval certificate or a UK approval certificate that are not WLTP (worldwide harmonised light vehicle test procedures) values.</p></content></subsection></section></quotedStructure></mod></p></content></subsection><subsection eId="section-19-4"><num>(4)</num><intro><p>The amendments made by subsections <ref href="#section-19-2">(2)</ref> and <ref href="#section-19-3">(3)</ref> have effect—</p></intro><level class="para1" eId="section-19-4-a"><num>(a)</num><content><p>for the tax years 2024-25 to 2027-28, and</p></content></level><level class="para1" eId="section-19-4-b"><num>(b)</num><content><p>in relation to a car to which subsection <ref href="#section-19-5">(5)</ref> applies, for the tax years 2028-29 to 2030-31.</p></content></level></subsection><subsection eId="section-19-5"><num>(5)</num><content><p>This subsection applies to a car made available to an employee or a member of the employee’s family or household pursuant to pre-6 April 2028 arrangements.</p></content></subsection><subsection eId="section-19-6"><num>(6)</num><intro><p>Where—</p></intro><level class="para1" eId="section-19-6-a"><num>(a)</num><content><p>a car is made available by an employer to an employee or a member of the employee’s family or household pursuant to pre-6 April 2028 arrangements, and</p></content></level><level class="para1" eId="section-19-6-b"><num>(b)</num><content><p>the arrangements are varied on or after 6 April 2028 only so far as is necessary to ensure that the car is made available by the employer to another employee or a member of the other employee’s family or household pursuant to the arrangements,</p></content></level><wrapUp><p>the car is treated as being made available by the employer to the other employee or member pursuant to pre-6 April 2028 arrangements.</p></wrapUp></subsection><subsection eId="section-19-7"><num>(7)</num><content><p>If pre-6 April 2028 arrangements are otherwise varied or renewed on or after 6 April 2028, the car is treated, with effect from the beginning of the day on which the variation or renewal takes effect, as not being made available pursuant to pre-6 April 2028 arrangements.</p></content></subsection><subsection eId="section-19-8"><num>(8)</num><content><p>In subsection <ref href="#section-19-7">(7)</ref> the reference to arrangements being varied does not include a variation which is required for reasons beyond the control of the parties to the arrangements.</p></content></subsection><subsection eId="section-19-9"><num>(9)</num><content><p>In this section “<term refersTo="#term-pre-6-april-2028-arrangements" eId="term-pre-6-april-2028-arrangements">pre-6 April 2028 arrangements</term>” means arrangements which are entered into before 6 April 2028.</p></content></subsection><subsection eId="section-19-10"><num>(10)</num><content><p>Sections 136A<ref href="#d28e4433">(5)</ref> and <ref href="#d28e4458">138A</ref> of ITEPA 2003, and subsections <ref href="#section-19-1">(1)</ref> to <ref href="#section-19-3">(3)</ref> of this section, are repealed.</p></content></subsection><subsection eId="section-19-11"><num>(11)</num><content><p>Subsection <ref href="#section-19-10">(10)</ref> comes into force on 6 April 2031.</p></content></subsection></section></hcontainer>
<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="section-17"><num>17</num><heading>Employee car and van ownership schemes</heading><subsection eId="section-17-1"><num>(1)</num><content><p>Chapter 6 of Part 3 of ITEPA 2003 (taxable benefits: cars, vans and related benefits) is amended in accordance with subsections <ref href="#section-17-2">(2)</ref> to <ref href="#section-17-4">(4)</ref>.</p></content></subsection><subsection eId="section-17-2"><num>(2)</num><intro><p>In section 114(1)(a) (cars, vans and related benefits)—</p></intro><level class="para1" eId="section-17-2-a"><num>(a)</num><content><p>omit “(without any transfer of the property in it)”;</p></content></level><level class="para1" eId="section-17-2-b"><num>(b)</num><content><p><mod>after “household” insert <quotedText startQuote="“">—</quotedText><quotedStructure endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="default"><level class="para2"><num>(i)</num><content><p>without any transfer of the property in it, or</p></content></level><level class="para2"><num>(ii)</num><content><p>in circumstances falling within section <ref href="#d28e4173">116A</ref> (car or van made available with transfer of ownership),</p></content></level></quotedStructure><inline name="appendText">.</inline></mod></p></content></level></subsection><subsection eId="section-17-3"><num>(3)</num><intro><p>In section 116(1) (meaning of when car or van is available to employee)—</p></intro><level class="para1" eId="section-17-3-a"><num>(a)</num><content><p>omit “and without any transfer of the property in it”;</p></content></level><level class="para1" eId="section-17-3-b"><num>(b)</num><content><p><mod>after “household” insert <quotedText startQuote="“">—</quotedText><quotedStructure endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="default"><level class="para1"><num>(a)</num><content><p>without any transfer of the property in it, or</p></content></level><level class="para1"><num>(b)</num><content><p>in circumstances falling within section <ref href="#d28e4173">116A</ref>.</p></content></level></quotedStructure></mod></p></content></level></subsection><subsection eId="section-17-4"><num>(4)</num><content><p><mod>After section 116 insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><section eId="d28e4173"><num>116A</num><heading>Car or van made available with transfer of ownership</heading><subsection eId="d28e4177"><num>(1)</num><intro><p>A car or van is made available to an employee or a member of the employee’s family or household in circumstances falling within this section if the car or van is made available—</p></intro><level class="para1"><num>(a)</num><content><p>with a transfer of the property in it to the employee or member, and</p></content></level><level class="para1"><num>(b)</num><content><p>pursuant to qualifying arrangements.</p></content></level></subsection><subsection eId="d28e4195"><num>(2)</num><intro><p>For the purposes of this section, arrangements are “qualifying arrangements” if any of the following applies in relation to them—</p></intro><level class="para1" eId="d28e4201"><num>(a)</num><content><p>they include restrictions on the private use of the car or van by the employee or member;</p></content></level><level class="para1"><num>(b)</num><content><p>they provide for a person other than the employee or member to be the registered keeper of the car or van;</p></content></level><level class="para1"><num>(c)</num><content><p>they provide for the employee or member, after a certain period of time or in certain circumstances, to transfer the property in the car or van to another person for an amount determined in accordance with the arrangements;</p></content></level><level class="para1"><num>(d)</num><content><p>they are of a description specified in regulations made by the Treasury.</p></content></level></subsection><subsection><num>(3)</num><content><p>For the purposes of this Chapter, a car or van made available as mentioned in subsection <ref href="#d28e4177">(1)</ref> is to be treated as being so made available until the arrangements cease to have effect (but see sections 132A, 143 and 156 for provision about the days on which a car or van is unavailable).</p></content></subsection><subsection><num>(4)</num><intro><p>In subsection <ref href="#d28e4195">(2)</ref><ref href="#d28e4201">(a)</ref> the reference to restrictions does not include a restriction that—</p></intro><level class="para1"><num>(a)</num><content><p>is included in a motor insurance policy held in respect of the car or van, and</p></content></level><level class="para1"><num>(b)</num><content><p>might reasonably be expected to be so included.</p></content></level></subsection><subsection><num>(5)</num><intro><p>In this section—</p></intro><hcontainer name="definition"><content><p>“<term refersTo="#term-arrangements">arrangements</term>” includes any scheme, agreement or understanding, whether or not legally enforceable;</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-motor-insurance-policy">motor insurance policy</term>” means a policy of insurance that complies with the requirements of Part 6 of the Road Traffic Act 1988 or, in relation to Northern Ireland, Part 8 of the Road Traffic (Northern Ireland) Order 1981 (<ref eId="c00014" href="http://www.legislation.gov.uk/id/nisi/1981/154">S.I. 1981/154 (N.I. 1)</ref>);</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-registered-keeper">registered keeper</term>” means the person in whose name a vehicle is registered under VERA 1994.</p></content></hcontainer></subsection></section></quotedStructure></mod></p></content></subsection><subsection eId="section-17-5"><num>(5)</num><content><p>The amendments made by subsections <ref href="#section-17-2">(2)</ref> to <ref href="#section-17-4">(4)</ref> have effect for the tax year 2030-31 and subsequent tax years.</p></content></subsection><subsection eId="section-17-6"><num>(6)</num><content><p>But in relation to a car or van made available to an employee or a member of the employee’s family or household pursuant to pre-6 April 2030 arrangements, the amendments made by subsections <ref href="#section-17-2">(2)</ref> to <ref href="#section-17-4">(4)</ref> have effect for the tax year 2032-33 and subsequent tax years.</p></content></subsection><subsection eId="section-17-7"><num>(7)</num><content><p>If pre-6 April 2030 arrangements are varied or renewed on or after 6 April 2030, the car or van is treated, with effect from the beginning of the day on which the variation or renewal takes effect, as not being made available pursuant to pre-6 April 2030 arrangements.</p></content></subsection><subsection eId="section-17-8"><num>(8)</num><content><p>In subsection <ref href="#section-17-7">(7)</ref> the reference to arrangements being varied does not include any variation which is required for reasons beyond the control of the parties to the arrangements.</p></content></subsection><subsection eId="section-17-9"><num>(9)</num><content><p>In this section “<term refersTo="#term-pre-6-april-2030-arrangements" eId="term-pre-6-april-2030-arrangements">pre-6 April 2030 arrangements</term>” means arrangements which are entered into before 6 April 2030.</p></content></subsection></section>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-17-1"><num>(1)</num><content><p>Chapter 6 of Part 3 of ITEPA 2003 (taxable benefits: cars, vans and related benefits) is amended in accordance with subsections <ref href="#section-17-2">(2)</ref> to <ref href="#section-17-4">(4)</ref>.</p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="section-17-2"><num>(2)</num><intro><p>In section 114(1)(a) (cars, vans and related benefits)—</p></intro><level class="para1" eId="section-17-2-a"><num>(a)</num><content><p>omit “(without any transfer of the property in it)”;</p></content></level><level class="para1" eId="section-17-2-b"><num>(b)</num><content><p><mod>after “household” insert <quotedText startQuote="“">—</quotedText><quotedStructure endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="default"><level class="para2"><num>(i)</num><content><p>without any transfer of the property in it, or</p></content></level><level class="para2"><num>(ii)</num><content><p>in circumstances falling within section <ref href="#d28e4173">116A</ref> (car or van made available with transfer of ownership),</p></content></level></quotedStructure><inline name="appendText">.</inline></mod></p></content></level></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-17-2-a"><num>(a)</num><content><p>omit “(without any transfer of the property in it)”;</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" class="para1" eId="section-17-2-b"><num>(b)</num><content><p><mod>after “household” insert <quotedText startQuote="“">—</quotedText><quotedStructure endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="default"><level class="para2"><num>(i)</num><content><p>without any transfer of the property in it, or</p></content></level><level class="para2"><num>(ii)</num><content><p>in circumstances falling within section <ref href="#d28e4173">116A</ref> (car or van made available with transfer of ownership),</p></content></level></quotedStructure><inline name="appendText">.</inline></mod></p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="section-17-3"><num>(3)</num><intro><p>In section 116(1) (meaning of when car or van is available to employee)—</p></intro><level class="para1" eId="section-17-3-a"><num>(a)</num><content><p>omit “and without any transfer of the property in it”;</p></content></level><level class="para1" eId="section-17-3-b"><num>(b)</num><content><p><mod>after “household” insert <quotedText startQuote="“">—</quotedText><quotedStructure endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="default"><level class="para1"><num>(a)</num><content><p>without any transfer of the property in it, or</p></content></level><level class="para1"><num>(b)</num><content><p>in circumstances falling within section <ref href="#d28e4173">116A</ref>.</p></content></level></quotedStructure></mod></p></content></level></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-17-3-a"><num>(a)</num><content><p>omit “and without any transfer of the property in it”;</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" class="para1" eId="section-17-3-b"><num>(b)</num><content><p><mod>after “household” insert <quotedText startQuote="“">—</quotedText><quotedStructure endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="default"><level class="para1"><num>(a)</num><content><p>without any transfer of the property in it, or</p></content></level><level class="para1"><num>(b)</num><content><p>in circumstances falling within section <ref href="#d28e4173">116A</ref>.</p></content></level></quotedStructure></mod></p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="section-17-4"><num>(4)</num><content><p><mod>After section 116 insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><section eId="d28e4173"><num>116A</num><heading>Car or van made available with transfer of ownership</heading><subsection eId="d28e4177"><num>(1)</num><intro><p>A car or van is made available to an employee or a member of the employee’s family or household in circumstances falling within this section if the car or van is made available—</p></intro><level class="para1"><num>(a)</num><content><p>with a transfer of the property in it to the employee or member, and</p></content></level><level class="para1"><num>(b)</num><content><p>pursuant to qualifying arrangements.</p></content></level></subsection><subsection eId="d28e4195"><num>(2)</num><intro><p>For the purposes of this section, arrangements are “qualifying arrangements” if any of the following applies in relation to them—</p></intro><level class="para1" eId="d28e4201"><num>(a)</num><content><p>they include restrictions on the private use of the car or van by the employee or member;</p></content></level><level class="para1"><num>(b)</num><content><p>they provide for a person other than the employee or member to be the registered keeper of the car or van;</p></content></level><level class="para1"><num>(c)</num><content><p>they provide for the employee or member, after a certain period of time or in certain circumstances, to transfer the property in the car or van to another person for an amount determined in accordance with the arrangements;</p></content></level><level class="para1"><num>(d)</num><content><p>they are of a description specified in regulations made by the Treasury.</p></content></level></subsection><subsection><num>(3)</num><content><p>For the purposes of this Chapter, a car or van made available as mentioned in subsection <ref href="#d28e4177">(1)</ref> is to be treated as being so made available until the arrangements cease to have effect (but see sections 132A, 143 and 156 for provision about the days on which a car or van is unavailable).</p></content></subsection><subsection><num>(4)</num><intro><p>In subsection <ref href="#d28e4195">(2)</ref><ref href="#d28e4201">(a)</ref> the reference to restrictions does not include a restriction that—</p></intro><level class="para1"><num>(a)</num><content><p>is included in a motor insurance policy held in respect of the car or van, and</p></content></level><level class="para1"><num>(b)</num><content><p>might reasonably be expected to be so included.</p></content></level></subsection><subsection><num>(5)</num><intro><p>In this section—</p></intro><hcontainer name="definition"><content><p>“<term refersTo="#term-arrangements">arrangements</term>” includes any scheme, agreement or understanding, whether or not legally enforceable;</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-motor-insurance-policy">motor insurance policy</term>” means a policy of insurance that complies with the requirements of Part 6 of the Road Traffic Act 1988 or, in relation to Northern Ireland, Part 8 of the Road Traffic (Northern Ireland) Order 1981 (<ref eId="c00014" href="http://www.legislation.gov.uk/id/nisi/1981/154">S.I. 1981/154 (N.I. 1)</ref>);</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-registered-keeper">registered keeper</term>” means the person in whose name a vehicle is registered under VERA 1994.</p></content></hcontainer></subsection></section></quotedStructure></mod></p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-17-5"><num>(5)</num><content><p>The amendments made by subsections <ref href="#section-17-2">(2)</ref> to <ref href="#section-17-4">(4)</ref> have effect for the tax year 2030-31 and subsequent tax years.</p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-17-6"><num>(6)</num><content><p>But in relation to a car or van made available to an employee or a member of the employee’s family or household pursuant to pre-6 April 2030 arrangements, the amendments made by subsections <ref href="#section-17-2">(2)</ref> to <ref href="#section-17-4">(4)</ref> have effect for the tax year 2032-33 and subsequent tax years.</p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-17-7"><num>(7)</num><content><p>If pre-6 April 2030 arrangements are varied or renewed on or after 6 April 2030, the car or van is treated, with effect from the beginning of the day on which the variation or renewal takes effect, as not being made available pursuant to pre-6 April 2030 arrangements.</p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-17-8"><num>(8)</num><content><p>In subsection <ref href="#section-17-7">(7)</ref> the reference to arrangements being varied does not include any variation which is required for reasons beyond the control of the parties to the arrangements.</p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-17-9"><num>(9)</num><content><p>In this section “<term refersTo="#term-pre-6-april-2030-arrangements" eId="term-pre-6-april-2030-arrangements">pre-6 April 2030 arrangements</term>” means arrangements which are entered into before 6 April 2030.</p></content></subsection>
<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="section-18"><num>18</num><heading>Car or van made available on arm’s length terms</heading><subsection eId="section-18-1"><num>(1)</num><intro><p>In section 117 of ITEPA 2003 (meaning of car or van made available by reason of employment)—</p></intro><level class="para1" eId="section-18-1-a"><num>(a)</num><content><p><mod>in subsection (1), for “or (3)” substitute <quotedText>“, (3) or <ref href="#d28e4368">(4)</ref>”</quotedText>;</mod></p></content></level><level class="para1" eId="section-18-1-b"><num>(b)</num><content><p><mod>after subsection (3) insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><subsection eId="d28e4368"><num>(4)</num><intro><p>Subsection (1) does not apply where—</p></intro><level class="para1"><num>(a)</num><content><p>the employer carries on a business under which cars or vans of the same kind are made available to members of the public for sale or lease,</p></content></level><level class="para1"><num>(b)</num><content><p>the car or van in question is sold or leased to the employee or member in the normal course of that business, and</p></content></level><level class="para1"><num>(c)</num><content><p>the terms on which the car or van is sold or leased to the employee or member might reasonably be expected to be agreed between the employer and a member of the public with whom the employer deals at arm’s length.</p></content></level></subsection></quotedStructure></mod></p></content></level></subsection><subsection eId="section-18-2"><num>(2)</num><content><p>The amendments made by subsection <ref href="#section-18-1">(1)</ref> have effect for the tax year 2026-27 and subsequent tax years.</p></content></subsection></section>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="section-18-1"><num>(1)</num><intro><p>In section 117 of ITEPA 2003 (meaning of car or van made available by reason of employment)—</p></intro><level class="para1" eId="section-18-1-a"><num>(a)</num><content><p><mod>in subsection (1), for “or (3)” substitute <quotedText>“, (3) or <ref href="#d28e4368">(4)</ref>”</quotedText>;</mod></p></content></level><level class="para1" eId="section-18-1-b"><num>(b)</num><content><p><mod>after subsection (3) insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><subsection eId="d28e4368"><num>(4)</num><intro><p>Subsection (1) does not apply where—</p></intro><level class="para1"><num>(a)</num><content><p>the employer carries on a business under which cars or vans of the same kind are made available to members of the public for sale or lease,</p></content></level><level class="para1"><num>(b)</num><content><p>the car or van in question is sold or leased to the employee or member in the normal course of that business, and</p></content></level><level class="para1"><num>(c)</num><content><p>the terms on which the car or van is sold or leased to the employee or member might reasonably be expected to be agreed between the employer and a member of the public with whom the employer deals at arm’s length.</p></content></level></subsection></quotedStructure></mod></p></content></level></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-18-1-a"><num>(a)</num><content><p><mod>in subsection (1), for “or (3)” substitute <quotedText>“, (3) or <ref href="#d28e4368">(4)</ref>”</quotedText>;</mod></p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" class="para1" eId="section-18-1-b"><num>(b)</num><content><p><mod>after subsection (3) insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><subsection eId="d28e4368"><num>(4)</num><intro><p>Subsection (1) does not apply where—</p></intro><level class="para1"><num>(a)</num><content><p>the employer carries on a business under which cars or vans of the same kind are made available to members of the public for sale or lease,</p></content></level><level class="para1"><num>(b)</num><content><p>the car or van in question is sold or leased to the employee or member in the normal course of that business, and</p></content></level><level class="para1"><num>(c)</num><content><p>the terms on which the car or van is sold or leased to the employee or member might reasonably be expected to be agreed between the employer and a member of the public with whom the employer deals at arm’s length.</p></content></level></subsection></quotedStructure></mod></p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-18-2"><num>(2)</num><content><p>The amendments made by subsection <ref href="#section-18-1">(1)</ref> have effect for the tax year 2026-27 and subsequent tax years.</p></content></subsection>
<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="section-19"><num>19</num><heading>CO<sub>2</sub> emissions figure for certain cars with an electric range figure</heading><subsection eId="section-19-1"><num>(1)</num><content><p>Chapter 6 of Part 3 of ITEPA 2003 (taxable benefits: cars etc) is amended in accordance with subsections <ref href="#section-19-2">(2)</ref> and <ref href="#section-19-3">(3)</ref>.</p></content></subsection><subsection eId="section-19-2"><num>(2)</num><content><p><mod>In section 136A (cars with a CO<sub>2</sub> emissions figure: registration on or after IP completion day), after subsection (4) insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><subsection eId="d28e4433"><num>(5)</num><content><p>Subsection (2) is also subject to section <ref href="#d28e4458">138A</ref> (certain cars with a CO<sub>2</sub> emissions figure and an electric range figure).</p></content></subsection></quotedStructure></mod></p></content></subsection><subsection eId="section-19-3"><num>(3)</num><content><p><mod>After section 138 insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><section eId="d28e4458"><num>138A</num><heading>Certain cars with a CO<sub>2</sub> emissions figure and an electric range figure</heading><subsection><num>(1)</num><intro><p>This section applies to a car if—</p></intro><level class="para1"><num>(a)</num><content><p>the car was first registered under VERA 1994 on or after 1 January 2025 and before 6 April 2028,</p></content></level><level class="para1"><num>(b)</num><content><p>the car’s CO<sub>2</sub> emissions figure (as determined under section 136A) is 51 or more,</p></content></level><level class="para1"><num>(c)</num><content><p>the CO<sub>2</sub> emissions figure or (as the case may be) the CO<sub>2</sub> emissions (combined) figure specified in the car’s qualifying emissions certificate was calculated in accordance with an emission standard other than the Euro 6d-ISC-FCM emission standard or the Euro 6e emission standard, and</p></content></level><level class="para1"><num>(d)</num><content><p>the car’s electric range figure is 1 or more.</p></content></level></subsection><subsection><num>(2)</num><content><p>For the purposes of this Chapter, the car is to be treated as having a CO<sub>2 </sub>emissions figure of 1.</p></content></subsection><subsection><num>(3)</num><intro><p>In this section—</p></intro><hcontainer name="definition"><content><p>“<term refersTo="#term-electric-range-figure">electric range figure</term>” is the number of miles which is the equivalent of the number of kilometres specified in an EC certificate of conformity, an EC type-approval certificate or a UK approval certificate on the basis of which a car is registered, as being the maximum distance for which the car can be driven in electric mode without recharging the battery;</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-euro-6d-isc-fcm-emission-standard">Euro 6d-ISC-FCM emission standard</term>” and “<term refersTo="#term-euro-6e-emission-standard">Euro 6e emission standard</term>” have the same meaning as in Schedule 3A to the Vehicle Emissions Trading Schemes Order 2023 (alternative specific emissions of CO<sub>2</sub>: OVC hybrid electric vehicles) (<ref eId="c00015" href="http://www.legislation.gov.uk/id/uksi/2023/1394">S.I. 2023/1394</ref>) (see paragraph 1 of that Schedule).</p></content></hcontainer></subsection><subsection><num>(4)</num><content><p>For the purposes of this section, in determining the electric range figure for a car, ignore any values specified in an EC certificate of conformity, an EC type-approval certificate or a UK approval certificate that are not WLTP (worldwide harmonised light vehicle test procedures) values.</p></content></subsection></section></quotedStructure></mod></p></content></subsection><subsection eId="section-19-4"><num>(4)</num><intro><p>The amendments made by subsections <ref href="#section-19-2">(2)</ref> and <ref href="#section-19-3">(3)</ref> have effect—</p></intro><level class="para1" eId="section-19-4-a"><num>(a)</num><content><p>for the tax years 2024-25 to 2027-28, and</p></content></level><level class="para1" eId="section-19-4-b"><num>(b)</num><content><p>in relation to a car to which subsection <ref href="#section-19-5">(5)</ref> applies, for the tax years 2028-29 to 2030-31.</p></content></level></subsection><subsection eId="section-19-5"><num>(5)</num><content><p>This subsection applies to a car made available to an employee or a member of the employee’s family or household pursuant to pre-6 April 2028 arrangements.</p></content></subsection><subsection eId="section-19-6"><num>(6)</num><intro><p>Where—</p></intro><level class="para1" eId="section-19-6-a"><num>(a)</num><content><p>a car is made available by an employer to an employee or a member of the employee’s family or household pursuant to pre-6 April 2028 arrangements, and</p></content></level><level class="para1" eId="section-19-6-b"><num>(b)</num><content><p>the arrangements are varied on or after 6 April 2028 only so far as is necessary to ensure that the car is made available by the employer to another employee or a member of the other employee’s family or household pursuant to the arrangements,</p></content></level><wrapUp><p>the car is treated as being made available by the employer to the other employee or member pursuant to pre-6 April 2028 arrangements.</p></wrapUp></subsection><subsection eId="section-19-7"><num>(7)</num><content><p>If pre-6 April 2028 arrangements are otherwise varied or renewed on or after 6 April 2028, the car is treated, with effect from the beginning of the day on which the variation or renewal takes effect, as not being made available pursuant to pre-6 April 2028 arrangements.</p></content></subsection><subsection eId="section-19-8"><num>(8)</num><content><p>In subsection <ref href="#section-19-7">(7)</ref> the reference to arrangements being varied does not include a variation which is required for reasons beyond the control of the parties to the arrangements.</p></content></subsection><subsection eId="section-19-9"><num>(9)</num><content><p>In this section “<term refersTo="#term-pre-6-april-2028-arrangements" eId="term-pre-6-april-2028-arrangements">pre-6 April 2028 arrangements</term>” means arrangements which are entered into before 6 April 2028.</p></content></subsection><subsection eId="section-19-10"><num>(10)</num><content><p>Sections 136A<ref href="#d28e4433">(5)</ref> and <ref href="#d28e4458">138A</ref> of ITEPA 2003, and subsections <ref href="#section-19-1">(1)</ref> to <ref href="#section-19-3">(3)</ref> of this section, are repealed.</p></content></subsection><subsection eId="section-19-11"><num>(11)</num><content><p>Subsection <ref href="#section-19-10">(10)</ref> comes into force on 6 April 2031.</p></content></subsection></section>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-19-1"><num>(1)</num><content><p>Chapter 6 of Part 3 of ITEPA 2003 (taxable benefits: cars etc) is amended in accordance with subsections <ref href="#section-19-2">(2)</ref> and <ref href="#section-19-3">(3)</ref>.</p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="section-19-2"><num>(2)</num><content><p><mod>In section 136A (cars with a CO<sub>2</sub> emissions figure: registration on or after IP completion day), after subsection (4) insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><subsection eId="d28e4433"><num>(5)</num><content><p>Subsection (2) is also subject to section <ref href="#d28e4458">138A</ref> (certain cars with a CO<sub>2</sub> emissions figure and an electric range figure).</p></content></subsection></quotedStructure></mod></p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="section-19-3"><num>(3)</num><content><p><mod>After section 138 insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><section eId="d28e4458"><num>138A</num><heading>Certain cars with a CO<sub>2</sub> emissions figure and an electric range figure</heading><subsection><num>(1)</num><intro><p>This section applies to a car if—</p></intro><level class="para1"><num>(a)</num><content><p>the car was first registered under VERA 1994 on or after 1 January 2025 and before 6 April 2028,</p></content></level><level class="para1"><num>(b)</num><content><p>the car’s CO<sub>2</sub> emissions figure (as determined under section 136A) is 51 or more,</p></content></level><level class="para1"><num>(c)</num><content><p>the CO<sub>2</sub> emissions figure or (as the case may be) the CO<sub>2</sub> emissions (combined) figure specified in the car’s qualifying emissions certificate was calculated in accordance with an emission standard other than the Euro 6d-ISC-FCM emission standard or the Euro 6e emission standard, and</p></content></level><level class="para1"><num>(d)</num><content><p>the car’s electric range figure is 1 or more.</p></content></level></subsection><subsection><num>(2)</num><content><p>For the purposes of this Chapter, the car is to be treated as having a CO<sub>2 </sub>emissions figure of 1.</p></content></subsection><subsection><num>(3)</num><intro><p>In this section—</p></intro><hcontainer name="definition"><content><p>“<term refersTo="#term-electric-range-figure">electric range figure</term>” is the number of miles which is the equivalent of the number of kilometres specified in an EC certificate of conformity, an EC type-approval certificate or a UK approval certificate on the basis of which a car is registered, as being the maximum distance for which the car can be driven in electric mode without recharging the battery;</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-euro-6d-isc-fcm-emission-standard">Euro 6d-ISC-FCM emission standard</term>” and “<term refersTo="#term-euro-6e-emission-standard">Euro 6e emission standard</term>” have the same meaning as in Schedule 3A to the Vehicle Emissions Trading Schemes Order 2023 (alternative specific emissions of CO<sub>2</sub>: OVC hybrid electric vehicles) (<ref eId="c00015" href="http://www.legislation.gov.uk/id/uksi/2023/1394">S.I. 2023/1394</ref>) (see paragraph 1 of that Schedule).</p></content></hcontainer></subsection><subsection><num>(4)</num><content><p>For the purposes of this section, in determining the electric range figure for a car, ignore any values specified in an EC certificate of conformity, an EC type-approval certificate or a UK approval certificate that are not WLTP (worldwide harmonised light vehicle test procedures) values.</p></content></subsection></section></quotedStructure></mod></p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-19-4"><num>(4)</num><intro><p>The amendments made by subsections <ref href="#section-19-2">(2)</ref> and <ref href="#section-19-3">(3)</ref> have effect—</p></intro><level class="para1" eId="section-19-4-a"><num>(a)</num><content><p>for the tax years 2024-25 to 2027-28, and</p></content></level><level class="para1" eId="section-19-4-b"><num>(b)</num><content><p>in relation to a car to which subsection <ref href="#section-19-5">(5)</ref> applies, for the tax years 2028-29 to 2030-31.</p></content></level></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-19-4-a"><num>(a)</num><content><p>for the tax years 2024-25 to 2027-28, and</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-19-4-b"><num>(b)</num><content><p>in relation to a car to which subsection <ref href="#section-19-5">(5)</ref> applies, for the tax years 2028-29 to 2030-31.</p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-19-5"><num>(5)</num><content><p>This subsection applies to a car made available to an employee or a member of the employee’s family or household pursuant to pre-6 April 2028 arrangements.</p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-19-6"><num>(6)</num><intro><p>Where—</p></intro><level class="para1" eId="section-19-6-a"><num>(a)</num><content><p>a car is made available by an employer to an employee or a member of the employee’s family or household pursuant to pre-6 April 2028 arrangements, and</p></content></level><level class="para1" eId="section-19-6-b"><num>(b)</num><content><p>the arrangements are varied on or after 6 April 2028 only so far as is necessary to ensure that the car is made available by the employer to another employee or a member of the other employee’s family or household pursuant to the arrangements,</p></content></level><wrapUp><p>the car is treated as being made available by the employer to the other employee or member pursuant to pre-6 April 2028 arrangements.</p></wrapUp></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-19-6-a"><num>(a)</num><content><p>a car is made available by an employer to an employee or a member of the employee’s family or household pursuant to pre-6 April 2028 arrangements, and</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-19-6-b"><num>(b)</num><content><p>the arrangements are varied on or after 6 April 2028 only so far as is necessary to ensure that the car is made available by the employer to another employee or a member of the other employee’s family or household pursuant to the arrangements,</p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-19-7"><num>(7)</num><content><p>If pre-6 April 2028 arrangements are otherwise varied or renewed on or after 6 April 2028, the car is treated, with effect from the beginning of the day on which the variation or renewal takes effect, as not being made available pursuant to pre-6 April 2028 arrangements.</p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-19-8"><num>(8)</num><content><p>In subsection <ref href="#section-19-7">(7)</ref> the reference to arrangements being varied does not include a variation which is required for reasons beyond the control of the parties to the arrangements.</p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-19-9"><num>(9)</num><content><p>In this section “<term refersTo="#term-pre-6-april-2028-arrangements" eId="term-pre-6-april-2028-arrangements">pre-6 April 2028 arrangements</term>” means arrangements which are entered into before 6 April 2028.</p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-19-10"><num>(10)</num><content><p>Sections 136A<ref href="#d28e4433">(5)</ref> and <ref href="#d28e4458">138A</ref> of ITEPA 2003, and subsections <ref href="#section-19-1">(1)</ref> to <ref href="#section-19-3">(3)</ref> of this section, are repealed.</p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-19-11"><num>(11)</num><content><p>Subsection <ref href="#section-19-10">(10)</ref> comes into force on 6 April 2031.</p></content></subsection>
<hcontainer xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:default="http://www.w3.org/1999/xhtml" name="crossheading" ukl:Name="Pblock" eId="part-1-crossheading-other-employment-income"><heading>Other employment income</heading><section eId="section-20"><num>20</num><heading>Employment income: miscellaneous exemptions</heading><subsection eId="section-20-1"><num>(1)</num><content><p>Chapter 11 of Part 4 of ITEPA 2003 (employment income: miscellaneous exemptions) is amended in accordance with subsections <ref href="#section-20-2">(2)</ref> to <ref href="#section-20-4">(4)</ref>.</p></content></subsection><subsection eId="section-20-2"><num>(2)</num><content><p><mod>After section 316 insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><section><num>316ZA</num><heading>Accommodation, supplies and services used in employment duties: payment or reimbursement of expenses</heading><subsection><num>(1)</num><content><p>No liability to income tax arises in respect of the payment or reimbursement of expenses incurred by an employee on behalf of the employer in respect of the provision for the employee of accommodation, supplies or services if conditions A and B are met.</p></content></subsection><subsection><num>(2)</num><intro><p>Condition A is that, at the time the accommodation, supplies or services are first provided, the intention of the employer is that—</p></intro><level class="para1"><num>(a)</num><content><p>they will be used by the employee in performing duties of the employment, and</p></content></level><level class="para1"><num>(b)</num><content><p>any use of them for private purposes by the employee or members of the employee’s family or household will not be significant.</p></content></level></subsection><subsection><num>(3)</num><intro><p>Condition B is that where the provision is otherwise than on premises occupied by the employer—</p></intro><level class="para1"><num>(a)</num><content><p>its sole purpose is to enable the employee to perform the duties of the employee’s employment, and</p></content></level><level class="para1"><num>(b)</num><content><p>what is provided is not an excluded benefit.</p></content></level></subsection><subsection><num>(4)</num><content><p>In this section “<term refersTo="#term-for-private-purposes">for private purposes</term>” and “<term refersTo="#term-excluded-benefit">excluded benefit</term>” have the same meaning as in section 316.</p></content></subsection></section></quotedStructure></mod></p></content></subsection><subsection eId="section-20-3"><num>(3)</num><intro><p>In section 320A (eye tests and special corrective appliances)—</p></intro><level class="para1" eId="section-20-3-a"><num>(a)</num><content><p><mod>after subsection (1) insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><subsection eId="d28e4753"><num>(1A)</num><content><p>No liability to income tax arises in respect of the payment or reimbursement of expenses incurred by an employee in respect of the provision for the employee of a test or appliances of the kind mentioned in subsection (1) if conditions A and B are met.</p></content></subsection></quotedStructure><inline name="appendText">;</inline></mod></p></content></level><level class="para1" eId="section-20-3-b"><num>(b)</num><content><p><mod>in subsection (3), after “regulations” insert <quotedText>“, whether by way of provision under subsection (1) or payment or reimbursement under subsection <ref href="#d28e4753">(1A)</ref>”</quotedText>.</mod></p></content></level></subsection><subsection eId="section-20-4"><num>(4)</num><content><p><mod>After section 320C insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><hcontainer name="crossheading" ukl:Name="Pblock"><heading>Flu vaccinations</heading><section eId="d28e4786"><num>320D</num><heading>Flu vaccinations</heading><subsection><num>(1)</num><content><p>No liability to income tax arises in respect of the provision for an employee of an influenza vaccination if the provision is not made pursuant to relevant salary sacrifice arrangements.</p></content></subsection><subsection><num>(2)</num><content><p>No liability to income tax arises in respect of the payment or reimbursement of expenses incurred by an employee in respect of the provision for the employee of an influenza vaccination if the payment or reimbursement is not made pursuant to relevant salary sacrifice arrangements.</p></content></subsection><subsection><num>(3)</num><content><p>In this section “<term refersTo="#term-relevant-salary-sacrifice-arrangements">relevant salary sacrifice arrangements</term>” means arrangements (whenever made, whether before or after the employment began) under which the employee gives up the right to receive an amount of general earnings or specific employment income in return for the provision of an influenza vaccination or the payment or reimbursement of the cost of such a vaccination.</p></content></subsection></section></hcontainer></quotedStructure></mod></p></content></subsection><subsection eId="section-20-5"><num>(5)</num><intro><p>In section 266(3) of ITEPA 2003 (exemption of non-cash vouchers for exempt benefits)—</p></intro><level class="para1" eId="section-20-5-a"><num>(a)</num><content><p>omit the “or” after paragraph (f);</p></content></level><level class="para1" eId="section-20-5-b"><num>(b)</num><content><p><mod>after paragraph (g) insert <quotedText startQuote="“">, or</quotedText><quotedStructure endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="default"><level class="para1"><num>(h)</num><content><p>section <ref href="#d28e4786">320D</ref> (flu vaccinations).</p></content></level></quotedStructure></mod></p></content></level></subsection><subsection eId="section-20-6"><num>(6)</num><intro><p>In section 267(2) of ITEPA 2003 (exemption of credit-tokens used for exempt benefits)—</p></intro><level class="para1" eId="section-20-6-a"><num>(a)</num><content><p>omit the “and” after paragraph (h);</p></content></level><level class="para1" eId="section-20-6-b"><num>(b)</num><content><p><mod>after paragraph (i) insert <quotedText startQuote="“">, and</quotedText><quotedStructure endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="default"><level class="para1"><num>(j)</num><content><p>section <ref href="#d28e4786">320D</ref> (flu vaccinations).</p></content></level></quotedStructure></mod></p></content></level></subsection><subsection eId="section-20-7"><num>(7)</num><content><p>The amendments made by this section have effect in relation to the tax year 2026-2027 and subsequent tax years.</p></content></subsection></section><section eId="section-21"><num>21</num><heading>Disallowing deduction from earnings for additional household expenses</heading><subsection eId="section-21-1"><num>(1)</num><content><p><mod>After section 360A of ITEPA 2003 (no deduction from earnings for social security contributions) insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><section><num>360B</num><heading>Additional household expenses</heading><subsection><num>(1)</num><content><p>No deduction from earnings is allowed under this Chapter for additional household expenses which the employee incurs in the performance of the duties of the employment at home.</p></content></subsection><subsection><num>(2)</num><content><p>In this section, “<term refersTo="#term-household-expenses">household expenses</term>” has the same meaning as in section 316A.</p></content></subsection></section></quotedStructure></mod></p></content></subsection><subsection eId="section-21-2"><num>(2)</num><content><p>The amendment made by this section has effect for the tax year 2026-27 and subsequent tax years.</p></content></subsection></section><section eId="section-22"><num>22</num><heading>Payment for cancelled shifts etc.</heading><subsection eId="section-22-1"><num>(1)</num><content><p><mod>After section 221 of ITEPA 2003 (payments where employee absent because of sickness or disability) insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><section><num>221A</num><heading>Payment for cancelled, moved or curtailed shift</heading><subsection eId="d28e4940"><num>(1)</num><content><p>This section applies to a payment made to an employee under section 27BP of the Employment Rights Act 1996 (right to payment for a cancelled, moved or curtailed shift) by reason of the employee’s employment.</p></content></subsection><subsection><num>(2)</num><intro><p>The payment—</p></intro><level class="para1"><num>(a)</num><content><p>is to be treated as earnings from the employment for the relevant tax year, and</p></content></level><level class="para1"><num>(b)</num><content><p>does not constitute earnings from the employment by virtue of any other provision.</p></content></level></subsection><subsection><num>(3)</num><intro><p>For the purposes of this section and the application of Part 2 of this Act (charge to tax) to amounts treated as earnings under this section—</p></intro><level class="para1"><num>(a)</num><content><p>“<term refersTo="#term-employee">employee</term>” includes a former employee or individual who was a prospective employee immediately before the shift was cancelled, moved or curtailed, and</p></content></level><level class="para1"><num>(b)</num><content><p>employment is to be construed accordingly.</p></content></level></subsection><subsection><num>(4)</num><content><p>Accordingly, for the purposes of applying this section and Part 2 of this Act (charge to tax) to a payment made to a prospective employee by reason of a prospective employment it does not matter whether the prospective employee ever holds the employment.</p></content></subsection><subsection><num>(5)</num><content><p>Sections 17 and 30 (treatment of earnings for year in which employment not held) do not apply in connection with determining the year for which amounts are to be treated as earnings under this section.</p></content></subsection><subsection><num>(6)</num><content><p>In this section “<term refersTo="#term-relevant-tax-year">relevant tax year</term>” means the tax year in which the duties of the shift in respect of which the payment under <ref href="#d28e4940">subsection (1)</ref> was made that were not performed would have been performed if the shift had not been cancelled, moved or curtailed.</p></content></subsection></section></quotedStructure></mod></p></content></subsection><subsection eId="section-22-2"><num>(2)</num><content><p>The amendment made by this section comes into force on the first day on which the duty in section 27BP(1) of the Employment Rights Act 1996 has effect.</p></content></subsection></section><section eId="section-23"><num>23</num><heading>Location of duties of employment where duties not performed</heading><subsection eId="section-23-1"><num>(1)</num><content><p>ITEPA 2003 is amended as follows.</p></content></subsection><subsection eId="section-23-2"><num>(2)</num><intro><p>In section 27 (UK-based earnings for year when employee not resident in UK)—</p></intro><level class="para1" eId="section-23-2-a"><num>(a)</num><intro><p>in subsection (1)—</p></intro><level class="para2" eId="section-23-2-a-i"><num>(i)</num><content><p><mod>at the end of paragraph (a) insert <quotedText>“that do not fall within paragraph (c)”</quotedText>;</mod></p></content></level><level class="para2" eId="section-23-2-a-ii"><num>(ii)</num><content><p><mod>at the end of paragraph (b) insert <quotedText>“that do not fall within paragraph (c)”</quotedText>;</mod></p></content></level><level class="para2" eId="section-23-2-a-iii"><num>(iii)</num><content><p><mod>at the end of paragraph (c) insert <quotedText>“and which have been reduced by a claim for relief under section 414 (reduction in other cases of foreign service)”</quotedText>;</mod></p></content></level></level><level class="para1" eId="section-23-2-b"><num>(b)</num><content><p><mod>in subsection (2), for “(1)(a) or (b)” substitute <quotedText>“(1)”</quotedText>;</mod></p></content></level><level class="para1" eId="section-23-2-c"><num>(c)</num><content><p>omit subsection (2A);</p></content></level><level class="para1" eId="section-23-2-d"><num>(d)</num><content><p><mod>in subsection (3), for “Subsections (2) and (2A) apply” substitute <quotedText>“Subsection (2) applies”</quotedText>.</mod></p></content></level></subsection><subsection eId="section-23-3"><num>(3)</num><intro><p>In section 38 (earnings for period of absence from employment)—</p></intro><level class="para1" eId="section-23-3-a"><num>(a)</num><content><p><mod>in subsection (1), for “This section” substitute <quotedText>“Subsection (2)”</quotedText>;</mod></p></content></level><level class="para1" eId="section-23-3-b"><num>(b)</num><content><p><mod>after subsection (2) insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><subsection><num>(3)</num><content><p>If and to the extent that general earnings for a period of absence from an employment are not treated for the purposes of this Chapter as general earnings in respect of duties performed in the United Kingdom, the general earnings are to be treated for the purposes of this Chapter as general earnings in respect of duties performed outside the United Kingdom.</p></content></subsection><subsection><num>(4)</num><content><p>For the purposes of this section references to “general earnings for a period of absence” do not include any general earnings to which section 221A (cancelled, moved or curtailed shift) applies (see <ref href="#d28e5138">section 38A</ref>).</p></content></subsection></quotedStructure></mod></p></content></level></subsection><subsection eId="section-23-4"><num>(4)</num><content><p><mod>After section 38 (earnings for period of absence from employment) insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><section eId="d28e5138"><num>38A</num><heading>Earnings relating to duties not performed</heading><subsection><num>(1)</num><content><p>This section applies for determining the extent to which general earnings that relate to duties that were not performed are to be treated for the purposes of this Chapter as general earnings in respect of duties performed in the United Kingdom.</p></content></subsection><subsection><num>(2)</num><intro><p>For the purposes of this section—</p></intro><level class="para1"><num>(a)</num><content><p>“<term refersTo="#term-general-earnings">general earnings</term>” means an amount of general earnings specified in the first column of the table, and</p></content></level><level class="para1"><num>(b)</num><content><p>the “<term refersTo="#term-duties-that-were-not-performed">duties that were not performed</term>”, in relation to general earnings, means the duties specified in the corresponding entry in the second column of the table.</p><tblock class="table" ukl:Orientation="portrait"><foreign><default:table xmlns="http://www.w3.org/1999/xhtml"><default:colgroup><default:col span="1" style="width:40%"/><default:col span="1" style="width:60%"/></default:colgroup><default:thead><default:tr><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0"><i>General earnings</i></p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0"><i>Duties that were not performed</i></p></default:th></default:tr></default:thead><default:tbody><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">General earnings to which section 221A (cancelled, moved or curtailed shift) applies</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">The duties that it is reasonable to assume would have been performed during the shift but were not performed because of the shift’s cancellation, movement or curtailment</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">General earnings to which section 402B (termination payments etc) applies</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">The duties that it is reasonable to assume would have been performed during the post-employment notice period as defined by section 402E if the employee’s employment had not been terminated until the end of that period</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">General earnings which consist of a payment in lieu of notice to which Chapter 3 of Part 6 (termination payments etc). does not apply</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">The duties that it is reasonable to assume would have been performed during the notice period if the employee’s employment had not been terminated until the end of that period</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Any other general earnings in respect of duties that an employee does not perform other than any general earnings for a period of absence from employment</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">The duties that the employee does not perform</p></default:td></default:tr></default:tbody></default:table></foreign></tblock></content></level></subsection><subsection><num>(3)</num><intro><p>Subsection <ref href="#section-23-4">(4)</ref> applies to the general earnings from an employment for a tax year if—</p></intro><level class="para1"><num>(a)</num><content><p>it is reasonable to assume that some or all of the duties that were not performed would have been performed in the United Kingdom, or</p></content></level><level class="para1"><num>(b)</num><content><p>any duties of the employment performed during that tax year are performed wholly or partly in the United Kingdom.</p></content></level></subsection><subsection><num>(4)</num><content><p>The general earnings are to be treated for the purposes of this Chapter as general earnings in respect of duties performed in the United Kingdom except in so far as, had the duties that were not performed been performed, general earnings in respect of those duties would have been general earnings for duties performed outside the United Kingdom.</p></content></subsection><subsection><num>(5)</num><content><p>If and to the extent that the general earnings are not treated for the purposes of this Chapter as general earnings in respect of duties performed in the United Kingdom, the general earnings are to be treated for the purposes of this Chapter as general earnings in respect of duties performed outside the United Kingdom.</p></content></subsection></section></quotedStructure></mod></p></content></subsection><subsection eId="section-23-5"><num>(5)</num><content><p><mod>In section 41Y (location of employment duties), in subsection (1), for “applies” substitute <quotedText>“and section 38A (earnings in respect of duties not performed) apply”</quotedText>.</mod></p></content></subsection><subsection eId="section-23-6"><num>(6)</num><content><p>In section 402B (termination awards not benefiting from threshold to be treated as earnings), omit subsection (1)(b) (and the “but” before it).</p></content></subsection><subsection eId="section-23-7"><num>(7)</num><intro><p>The amendments made by this section have effect in relation to general earnings that are, for the purposes of Chapter 4 or 5 of Part 2 of ITEPA 2003—</p></intro><level class="para1" eId="section-23-7-a"><num>(a)</num><content><p>for tax years 2026-27 and subsequent tax years, and</p></content></level><level class="para1" eId="section-23-7-b"><num>(b)</num><content><p>treated as received on or after 6 April 2026.</p></content></level></subsection></section><section eId="section-24"><num>24</num><heading>Umbrella companies</heading><subsection eId="section-24-1"><num>(1)</num><content><p><ref eId="c00016" href="https://www.legislation.gov.uk/ukpga/2003/1/contents">ITEPA 2003</ref> is amended as follows.</p></content></subsection><subsection eId="section-24-2"><num>(2)</num><content><p><mod>In <ref eId="c00017" href="https://www.legislation.gov.uk/ukpga/2003/1/part/2">Part 2</ref> (employment income: charge to tax), after <ref eId="c00018" href="https://www.legislation.gov.uk/ukpga/2003/1/part/2/chapter/10">Chapter 10</ref> insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><chapter eId="d28e5300"><num>Chapter 11</num><heading>Umbrella companies</heading><section eId="d28e5308"><num>61Y</num><heading>Umbrella companies: joint and several liability</heading><subsection eId="d28e5312"><num>(1)</num><intro><p>Subsection <ref href="#d28e5354">(2)</ref> applies if—</p></intro><level class="para1"><num>(a)</num><content><p>an individual (“the worker”) personally provides services, or enters into arrangements with a view to personally providing services, to another person (“<term refersTo="#term-the-client">the client</term>”),</p></content></level><level class="para1" eId="d28e5330"><num>(b)</num><intro><p>the worker is employed by a third person (“the umbrella company”)—</p></intro><level class="para2"><num>(i)</num><content><p>that carries on a business (whether or not with a view to profit and whether or not in conjunction with any other business) of supplying labour, and</p></content></level><level class="para2" eId="d28e5342"><num>(ii)</num><content><p>that is not a company in which the worker has a material interest, and</p></content></level></level><level class="para1"><num>(c)</num><content><p>the umbrella company arrangements conditions are met.</p></content></level></subsection><subsection eId="d28e5354"><num>(2)</num><content><p>Each relevant party (see section <ref href="#d28e5566">61Z</ref>) is, along with the umbrella company, jointly and severally liable to pay any amount payable, in accordance with the PAYE provisions, by the umbrella company in relation to a qualifying umbrella company payment.</p></content></subsection><subsection eId="d28e5363"><num>(3)</num><content><p>A “<term refersTo="#term-qualifying-umbrella-company-payment">qualifying umbrella company payment</term>” means a payment made in respect of the employment of the worker to the extent that it is not in respect of the provision of services to a person other than the client.</p></content></subsection><subsection eId="d28e5372"><num>(4)</num><intro><p>The umbrella company arrangements conditions are that—</p></intro><level class="para1" eId="d28e5378"><num>(a)</num><intro><p>there is a contract between the umbrella company and—</p></intro><level class="para2"><num>(i)</num><content><p>the client, or</p></content></level><level class="para2"><num>(ii)</num><content><p>another person,</p></content></level></level><level class="para1"><num>(b)</num><intro><p>under or in consequence of the contract—</p></intro><level class="para2"><num>(i)</num><content><p>the services are provided, or</p></content></level><level class="para2"><num>(ii)</num><content><p>the umbrella company is paid, or otherwise provided with consideration, for the services, and</p></content></level></level><level class="para1" eId="d28e5414"><num>(c)</num><intro><p>if the contract is not between the umbrella company and the client—</p></intro><level class="para2" eId="d28e5420"><num>(i)</num><content><p>there is a contract between the client and another person,</p></content></level><level class="para2"><num>(ii)</num><content><p>the provision of the services or of payment or other consideration for the services is also a consequence of that other contract (whether directly or as a result of a series of contracts involving other persons).</p></content></level></level></subsection><subsection eId="d28e5432"><num>(5)</num><intro><p>For the purposes of subsection <ref href="#d28e5312">(1)</ref><ref href="#d28e5330">(b)</ref><ref href="#d28e5342">(ii)</ref>—</p></intro><level class="para1" eId="d28e5445"><num>(a)</num><intro><p>“<term refersTo="#term-material-interest">material interest</term>”, in relation to a company, means—</p></intro><level class="para2"><num>(i)</num><content><p>beneficial ownership of, or the ability to control, directly or through the medium of other companies or by any other indirect means, more than 5% of the ordinary share capital of the company,</p></content></level><level class="para2"><num>(ii)</num><content><p>possession of, or entitlement to acquire, rights entitling the holder to receive more than 5% of any distributions that may be made by the company, or</p></content></level><level class="para2"><num>(iii)</num><content><p>where the company is a close company, possession of, or entitlement to acquire, rights that would in the event of the winding up of the company, or in any other circumstances, entitle the holder to receive more than 5% of the assets that would then be available for distribution among the participators, but</p></content></level></level><level class="para1"><num>(b)</num><content><p>the worker is to be regarded as not having a material interest in a company if that interest is a result, to any extent, of any arrangements the main purpose, or one of the main purposes, of which is to secure that subsection <ref href="#d28e5354">(2)</ref> does not apply.</p></content></level></subsection><subsection><num>(6)</num><content><p>And for the purposes of subsection <ref href="#d28e5432">(5)</ref><ref href="#d28e5445">(a)</ref> “<term refersTo="#term-participator">participator</term>” has the meaning given by section 454 of CTA 2010.</p></content></subsection><subsection><num>(7)</num><intro><p>In this Chapter—</p></intro><hcontainer name="definition"><content><p>“<term refersTo="#term-arrangements">arrangements</term>” include any agreement, understanding, scheme transaction or series of transactions (whether or not legally enforceable);</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-the-client">the client</term>”, “<term refersTo="#term-the-umbrella-company">the umbrella company</term>” and “<term refersTo="#term-the-worker">the worker</term>” are to be construed in accordance with <ref href="#d28e5312">subsection (1)</ref>;</p></content></hcontainer><hcontainer name="definition"><intro><p>“<term refersTo="#term-employed">employed</term>”, in relation to an individual, does not include the individual being treated as employed as a result of any of—</p></intro><level class="para1"><num>(a)</num><content><p>Chapters 7 to 10 of this Part (deemed employment by intermediaries), or</p></content></level><level class="para1"><num>(b)</num><content><p>section 863A of ITTOIA 2005 (deemed employment of partners in limited liability partnerships),</p></content></level><wrapUp><p>and “<term refersTo="#term-employer">employer</term>” is to be construed accordingly;</p></wrapUp></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-paye-provisions">PAYE provisions</term>” means the provisions of Part 11 or PAYE regulations;</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-the-umbrella-company-arrangements-conditions">the umbrella company arrangements conditions</term>” means the conditions set out in <ref href="#d28e5372">subsection (4)</ref>.</p></content></hcontainer></subsection></section><section eId="d28e5566"><num>61Z</num><heading>Relevant parties</heading><subsection><num>(1)</num><content><p>If the contract referred to in <ref href="#d28e5372">subsection (4)</ref><ref href="#d28e5378">(a)</ref> of <ref href="#d28e5308">section 61Y</ref> is between the umbrella company and a person other than the client, the person referred to in <ref href="#d28e5372">subsection (4)</ref><ref href="#d28e5414">(c)</ref><ref href="#d28e5420">(i)</ref> of that section is a relevant party.</p></content></subsection><subsection><num>(2)</num><intro><p>The client is a relevant party if—</p></intro><level class="para1"><num>(a)</num><content><p>the contract referred to in <ref href="#d28e5372">subsection (4)</ref><ref href="#d28e5378">(a)</ref> of that section is between the umbrella company and the client, or</p></content></level><level class="para1"><num>(b)</num><intro><p>the person referred to in <ref href="#d28e5372">subsection (4)</ref><ref href="#d28e5414">(c)</ref><ref href="#d28e5420">(i)</ref> of that section—</p></intro><level class="para2"><num>(i)</num><content><p>is connected with the umbrella company, or</p></content></level><level class="para2"><num>(ii)</num><content><p>is non-UK resident.</p></content></level></level></subsection><subsection><num>(3)</num><intro><p>In a case where—</p></intro><level class="para1"><num>(a)</num><content><p>both the client and the person referred to in <ref href="#d28e5372">subsection (4)</ref><ref href="#d28e5414">(c)</ref><ref href="#d28e5420">(i)</ref> of <ref href="#d28e5308">section 61Y</ref> are non-UK resident,</p></content></level><level class="para1"><num>(b)</num><content><p>the provision of the services or payment or other consideration for the services is a consequence of a series of contracts involving other persons (other than the worker), and</p></content></level><level class="para1"><num>(c)</num><content><p>at least one of those persons is UK resident,</p></content></level><wrapUp><p>the person who is UK resident and is closest, by reference to that series of contracts, to the client is a relevant party.</p></wrapUp></subsection></section><section eId="d28e5672"><num>61Z1</num><heading>Purported umbrella companies</heading><subsection><num>(1)</num><content><p>Subsection <ref href="#d28e5854">(5)</ref> applies if any of the following cases applies.</p></content></subsection><subsection><num>(2)</num><intro><p>Case 1 is that—</p></intro><level class="para1"><num>(a)</num><content><p>a person (“the purported umbrella company”) participates in arrangements that would, if an individual were employed by the purported umbrella company, result in the umbrella company arrangements conditions being met in relation to services the individual provides to the client,</p></content></level><level class="para1"><num>(b)</num><intro><p>either—</p></intro><level class="para2"><num>(i)</num><content><p>it is reasonable to suppose that one or more participants in the arrangements, other than the purported umbrella company or the individual, would assume that the purported umbrella company is the employer of that individual, or</p></content></level><level class="para2"><num>(ii)</num><content><p>the purported umbrella company has taken any step that it is reasonable to suppose was intended to give the impression to any person (whether or not that impression is given) that the purported umbrella company is the employer of the individual,</p></content></level></level><level class="para1"><num>(c)</num><content><p>the individual is not employed by the purported umbrella company, and</p></content></level><level class="para1"><num>(d)</num><content><p>if the individual were employed by the purported umbrella company <ref href="#d28e5354">subsection (2)</ref> of <ref href="#d28e5308">section 61Y</ref> would apply.</p></content></level></subsection><subsection><num>(3)</num><intro><p>Case 2 is that—</p></intro><level class="para1"><num>(a)</num><content><p>a person (“the purported umbrella company”) participates in arrangements that would, if an individual were employed by the purported umbrella company, result in the umbrella company arrangements conditions being met in relation to services the individual provides to the client,</p></content></level><level class="para1"><num>(b)</num><content><p>the individual would, ignoring this section, be treated as employed by the purported umbrella company as a result of Chapter 7 of this Part,</p></content></level><level class="para1"><num>(c)</num><content><p>if the individual were employed by the purported umbrella company <ref href="#d28e5354">subsection (2)</ref> of <ref href="#d28e5308">section 61Y</ref> would apply,</p></content></level><level class="para1"><num>(d)</num><content><p>if it did apply accordingly, the contract referred to in <ref href="#d28e5372">subsection (4)</ref><ref href="#d28e5378">(a)</ref> of that section would be between the umbrella company and the client, and</p></content></level><level class="para1"><num>(e)</num><intro><p>the provision of the services by the individual to the client was not as a result of services having been provided to the individual in connection with finding the client with a view to the individual personally providing services to the client—</p></intro><level class="para2"><num>(i)</num><content><p>by the purported umbrella company, or</p></content></level><level class="para2"><num>(ii)</num><content><p>where the provision of services to the client is as a result of a series of contracts, by one or more of the parties to those contracts.</p></content></level></level></subsection><subsection><num>(4)</num><intro><p>Case 3 is that—</p></intro><level class="para1"><num>(a)</num><content><p>a company (“the purported umbrella company”) in which an individual has a material interest, within the meaning given by subsection <ref href="#d28e5432">(5)</ref><ref href="#d28e5445">(a)</ref> of <ref href="#d28e5308">section 61Y</ref>, participates in arrangements that would, if the company were the umbrella company, result in the umbrella company arrangements conditions being met in relation to services the individual provides to the client,</p></content></level><level class="para1"><num>(b)</num><intro><p>either—</p></intro><level class="para2"><num>(i)</num><content><p>it is reasonable to suppose that one or more participants in the arrangements, other than the purported umbrella company or the individual, would assume that a substantial proportion of amounts provided to the purported umbrella company in respect of the services will be paid to the individual as earnings, or</p></content></level><level class="para2"><num>(ii)</num><content><p>the purported umbrella company has taken any step that it is reasonable to suppose was intended to give the impression to any person (whether or not that impression is given) that a substantial proportion of amounts provided to the purported umbrella company in respect of the services will be paid to the individual as earnings,</p></content></level></level><level class="para1"><num>(c)</num><content><p>it is not the case that a substantial proportion of amounts provided to the purported umbrella company in respect of the services is paid to the individual as earnings, and</p></content></level><level class="para1"><num>(d)</num><content><p><ref href="#d28e5354">subsection (2)</ref> of <ref href="#d28e5308">section 61Y</ref> would apply if <ref href="#d28e5312">subsection (1)</ref><ref href="#d28e5330">(b)</ref><ref href="#d28e5342">(ii)</ref> of that section (requirement that the umbrella company is not a company in which the worker has a material interest) were omitted.</p></content></level></subsection><subsection eId="d28e5854"><num>(5)</num><intro><p>If this subsection applies—</p></intro><level class="para1"><num>(a)</num><content><p>the individual is to be treated for income tax purposes as holding an employment with the purported umbrella company, the duties of which consist of the services the individual provides to the client,</p></content></level><level class="para1"><num>(b)</num><content><p>all relevant remuneration is to be treated for income tax purposes as earnings from that employment,</p></content></level><level class="para1" eId="d28e5872"><num>(c)</num><intro><p>where there is any provision of relevant remuneration (by any person and to any person) that does not result (whether as a direct result of that provision, as a result of the onward provision of that remuneration or otherwise) in the payment of PAYE income of that remuneration, or any part of it, to the individual, the purported umbrella company is treated as making, and the individual is treated as receiving—</p></intro><level class="para2" eId="d28e5878"><num>(i)</num><content><p>a payment of PAYE income in the relevant amount made at the time it was provided for the purposes of the PAYE provisions, and</p></content></level><level class="para2"><num>(ii)</num><content><p>a qualifying umbrella company payment made in the relevant amount at that time for the purposes of <ref href="#d28e5308">section 61Y</ref><ref href="#d28e5363">(3)</ref>,</p></content></level></level><level class="para1"><num>(d)</num><content><p>Chapters 7 to 10 of this Part (deemed employment by intermediaries) do not apply in relation to the provision of those services,</p></content></level><level class="para1"><num>(e)</num><content><p>section 863A (deemed employment of partners in limited liability partnerships) of ITTOIA 2005 does not apply so far as it otherwise would apply in relation to the provision of those services, and</p></content></level><level class="para1"><num>(f)</num><content><p>accordingly, <ref href="#d28e5308">section 61Y</ref><ref href="#d28e5354">(2)</ref> will apply in relation to the purported umbrella company.</p></content></level></subsection><subsection><num>(6)</num><intro><p>For the purposes of subsection <ref href="#d28e5854">(5)</ref>—</p></intro><level class="para1"><num>(a)</num><content><p>in paragraph <ref href="#d28e5872">(c)</ref> the relevant amount means so much of the remuneration provided as does not result in the payment of PAYE income to the individual, and</p></content></level><level class="para1"><num>(b)</num><content><p>that paragraph only applies in relation to the initial provision of an amount of relevant remuneration (and not to any subsequent onward provision of that same amount).</p></content></level></subsection><subsection eId="d28e5942"><num>(7)</num><intro><p>If subsection <ref href="#d28e5854">(5)</ref> would, ignoring this subsection, apply in relation to more than one purported umbrella company in relation to services the individual provides to the client, that subsection only applies in relation to the purported umbrella company that—</p></intro><level class="para1"><num>(a)</num><content><p>is a person to whom PAYE regulations apply and is closest to the individual, by reference to the contract or series of contracts resulting in the provision of those services, or</p></content></level><level class="para1"><num>(b)</num><content><p>if none of the purported umbrella companies is a person to whom PAYE regulations apply, is closest to the individual by reference to that contract or those contracts.</p></content></level></subsection><subsection><num>(8)</num><intro><p>Where subsection <ref href="#d28e5854">(5)</ref> applies and there is a person who is an umbrella company in relation to the services the individual provides to the client, that subsection has effect as if—</p></intro><level class="para1"><num>(a)</num><content><p>paragraph (a) were omitted,</p></content></level><level class="para1"><num>(b)</num><content><p>in paragraph (b), the reference to that employment were to the employment of the individual by the umbrella company,</p></content></level><level class="para1"><num>(c)</num><content><p>in paragraph (c), the reference to the purported umbrella company were to the umbrella company, and</p></content></level><level class="para1"><num>(d)</num><content><p>paragraph (f) were omitted.</p></content></level></subsection><subsection eId="d28e5996"><num>(9)</num><intro><p>Subsection <ref href="#d28e6026">(10)</ref> applies where subsection <ref href="#d28e5854">(5)</ref> applies and there is more than one person who—</p></intro><level class="para1" eId="d28e6008"><num>(a)</num><content><p>is an umbrella company in relation to services the individual provides to the client, or</p></content></level><level class="para1" eId="d28e6014"><num>(b)</num><content><p>is a purported umbrella company in relation to those services (including a purported umbrella company in relation to which subsection <ref href="#d28e5854">(5)</ref> does not apply as a result of subsection <ref href="#d28e5942">(7)</ref>).</p></content></level></subsection><subsection eId="d28e6026"><num>(10)</num><content><p>Where this subsection applies, each of the persons falling within paragraphs <ref href="#d28e6008">(a)</ref> or <ref href="#d28e6014">(b)</ref> of subsection <ref href="#d28e5996">(9)</ref> is (to the extent this would not otherwise be the case) jointly and severally liable to pay any amount payable, in accordance with the PAYE provisions, in relation to the relevant remuneration.</p></content></subsection><subsection><num>(11)</num><intro><p>For the purposes of this section “<term refersTo="#term-relevant-remuneration">relevant remuneration</term>” means—</p></intro><level class="para1"><num>(a)</num><content><p>all remuneration receivable by the individual (from any person) in consequence of providing the services, and</p></content></level><level class="para1"><num>(b)</num><content><p>any other amount that it is just and reasonable to attribute to provision of the services by the individual (for example, any amounts that would form part of any deemed direct employment payment or deemed direct payment if any of Chapters 8, 9 or 10 of this Part applied).</p></content></level></subsection></section><section><num>61Z2</num><heading>Disclosures to liable persons</heading><subsection><num>(1)</num><content><p>Subsection <ref href="#d28e6078">(2)</ref> applies where an officer of Revenue and Customs considers that a person is, or may be, jointly and severally liable to pay an amount as a result of this Chapter.</p></content></subsection><subsection eId="d28e6078"><num>(2)</num><intro><p>The officer may at any time disclose to the person such information as the officer considers appropriate (whether or not such a disclosure would otherwise be permitted under section 18(2)(a) of CRCA 2005 or any other enactment) for the purposes of informing the person about that liability (“the joint liability”) including—</p></intro><level class="para1"><num>(a)</num><content><p>the identity of any person who is an umbrella company, a purported umbrella company or the worker in relation to the arrangements to which the joint liability relates, and</p></content></level><level class="para1"><num>(b)</num><content><p>information about the nature and extent of the liability of an umbrella company or a purported umbrella company that (by virtue of this Chapter) results, or may result, in the joint liability.</p></content></level></subsection><subsection eId="d28e6096"><num>(3)</num><content><p>Information disclosed in reliance on subsection <ref href="#d28e6078">(2)</ref> may not be further disclosed without the consent of the Commissioners for His Majesty’s Revenue and Customs (which may be general or specific).</p></content></subsection><subsection><num>(4)</num><intro><p>Where a person contravenes subsection <ref href="#d28e6096">(3)</ref> by disclosing information relating to a person whose identity—</p></intro><level class="para1"><num>(a)</num><content><p>is specified in the disclosure, or</p></content></level><level class="para1"><num>(b)</num><content><p>can be deduced from it,</p></content></level><wrapUp><p>section 19 of CRCA 2005 (offence of wrongful disclosure) applies in relation to the disclosure as it applies in relation to a disclosure in contravention of section 20(9) of that Act.</p></wrapUp></subsection><subsection><num>(5)</num><content><p>In this section “<term refersTo="#term-crca-2005">CRCA 2005</term>” means the Commissioners for Revenue and Customs Act 2005.</p></content></subsection></section></chapter></quotedStructure></mod></p></content></subsection><subsection eId="section-24-3"><num>(3)</num><intro><p>In section 7 (meaning of employment income etc), in subsection (5)(a)—</p></intro><level class="para1" eId="section-24-3-a"><num>(a)</num><content><p><mod>for “10” substitute <quotedText>“11”</quotedText>, and</mod></p></content></level><level class="para1" eId="section-24-3-b"><num>(b)</num><content><p>omit “and”, and</p></content></level><level class="para1" eId="section-24-3-c"><num>(c)</num><content><p><mod>after “companies” insert <quotedText>“and purported umbrella companies”</quotedText>.</mod></p></content></level></subsection><subsection eId="section-24-4"><num>(4)</num><intro><p>In <ref eId="c00019" href="https://www.legislation.gov.uk/ukpga/2003/1/section/44">section 44</ref> (treatment of workers supplied by agencies)—</p></intro><level class="para1" eId="section-24-4-a"><num>(a)</num><content><p>in <ref eId="c00020" href="https://www.legislation.gov.uk/ukpga/2003/1/section/44">subsection (4)</ref>, omit <ref eId="c00021" href="https://www.legislation.gov.uk/ukpga/2003/1/section/44">paragraph (b)</ref> (and the “or” before it),</p></content></level><level class="para1" eId="section-24-4-b"><num>(b)</num><content><p>in <ref eId="c00022" href="https://www.legislation.gov.uk/ukpga/2003/1/section/44">subsection (5)</ref><ref eId="c00023" href="https://www.legislation.gov.uk/ukpga/2003/1/section/44">(b)</ref>, omit “or (as the case may be) with the relevant person”, and</p></content></level><level class="para1" eId="section-24-4-c"><num>(c)</num><content><p>omit <ref eId="c00024" href="https://www.legislation.gov.uk/ukpga/2003/1/section/44">subsection (6)</ref>.</p></content></level></subsection><subsection eId="section-24-5"><num>(5)</num><content><p><mod>In <ref eId="c00025" href="https://www.legislation.gov.uk/ukpga/2003/1/section/61V">section 61V</ref> (consequences of providing fraudulent information), after <ref eId="c00026" href="https://www.legislation.gov.uk/ukpga/2003/1/section/61V">subsection (4)</ref> insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><subsection><num>(4A)</num><content><p>But where the fraudulent documentation condition would (ignoring this subsection) be met as a result of the provision of a fraudulent document intended to constitute evidence that <ref href="#d28e5308">section 61Y</ref> (umbrella companies) applies in relation to the services provided by the worker, that condition is to be treated as not met.</p></content></subsection></quotedStructure></mod></p></content></subsection><subsection eId="section-24-6"><num>(6)</num><content><p><mod>In <ref eId="c00027" href="https://www.legislation.gov.uk/ukpga/2003/1/section/684">section 684</ref><ref eId="c00028" href="https://www.legislation.gov.uk/ukpga/2003/1/section/684">(2)</ref> (PAYE regulations), in the list of provisions, after item 7 insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><blockList class="ordered arabic period" ukl:Name="OrderedList" ukl:Type="arabic" ukl:Decoration="period"><item><num>7ZA.</num><p>Provision in connection with the recovery of amounts to which a person is jointly and severally liable as a result of <ref href="#d28e5300">Chapter 11</ref> of Part 2 (umbrella companies).</p></item></blockList></quotedStructure></mod></p></content></subsection><subsection eId="section-24-7"><num>(7)</num><content><p><mod>In section 689(4) (employee of non-UK employer), after “sections” insert <quotedText>“<ref href="#d28e5672">61Z1</ref><ref href="#d28e5854">(5)</ref><ref href="#d28e5872">(c)</ref><ref href="#d28e5878">(i)</ref>,”</quotedText>.</mod></p></content></subsection><subsection eId="section-24-8"><num>(8)</num><intro><p>In <ref eId="c00029" href="https://www.legislation.gov.uk/ukpga/2003/1/section/716B">section 716B</ref> (employment intermediaries to keep, preserve and provide information etc)—</p></intro><level class="para1" eId="section-24-8-a"><num>(a)</num><intro><p>in <ref eId="c00030" href="https://www.legislation.gov.uk/ukpga/2003/1/section/716B">subsection (1)</ref>—</p></intro><level class="para2" eId="section-24-8-a-i"><num>(i)</num><content><p>omit “of Part 2”, and</p></content></level><level class="para2" eId="section-24-8-a-ii"><num>(ii)</num><content><p><mod>after “agencies)” insert <quotedText>“or <ref href="#d28e5300">11</ref> (umbrella companies) of Part 2”</quotedText>, and</mod></p></content></level></level><level class="para1" eId="section-24-8-b"><num>(b)</num><intro><p>in subsection (2), in the words before paragraph (a)—</p></intro><level class="para2" eId="section-24-8-b-i"><num>(i)</num><content><p><mod>after “person” insert <quotedText>“(other than an individual mentioned in paragraph (a) or (b))”</quotedText>, and</mod></p></content></level><level class="para2" eId="section-24-8-b-ii"><num>(ii)</num><content><p><mod>after “makes” insert <quotedText>“or participates in”</quotedText>.</mod></p></content></level></level></subsection><subsection eId="section-24-9"><num>(9)</num><intro><p>In regulation 69 of the <ref eId="c00031" href="https://www.legislation.gov.uk/uksi/2003/2682/contents">Income Tax (Pay As You Earn) Regulations 2003</ref>, in paragraph (1A)—</p></intro><level class="para1" eId="section-24-9-a"><num>(a)</num><content><p>the words from “any amount” to the end become sub-paragraph (a),</p></content></level><level class="para1" eId="section-24-9-b"><num>(b)</num><content><p>in that sub-paragraph, omit the words from “whether” to the end, and</p></content></level><level class="para1" eId="section-24-9-c"><num>(c)</num><content><p><mod>after that sub-paragraph insert <quotedText startQuote="“">, and</quotedText><quotedStructure endQuote="”" uk:context="body" uk:docName="uksi" ukl:TargetClass="secondary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="default"><level class="para1"><num>(b)</num><content><p>any amount the employer must account for under regulation 62(5) (notional payments) in respect of notional payments made by the employer during the tax period,</p></content></level><p>whether or not those amounts were included in any return under regulation 67B (real time returns of information about relevant payments) or 67D (exceptions to regulation 67B).</p></quotedStructure></mod></p></content></level></subsection><subsection eId="section-24-10"><num>(10)</num><content><p><mod>In <ref eId="c00032" href="https://www.legislation.gov.uk/uksi/2003/2682/regulation/80">regulation 80</ref> of those Regulations (determination of unpaid tax and appeal against determination), after <ref eId="c00033" href="https://www.legislation.gov.uk/uksi/2003/2682/regulation/80">paragraph (5)</ref> insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="uksi" ukl:TargetClass="secondary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><paragraph><num>(5A)</num><intro><p>Where a person is jointly and severally liable to pay an amount as a result of Chapter 11 of Part 2 of ITEPA 2003 (umbrella companies)—</p></intro><level class="para1"><num>(a)</num><content><p>this regulation applies to that amount as it applies to an amount of tax payable by an employer (and the references to “the employer” in paragraphs (2) and (5)(b) are to be read accordingly),</p></content></level><level class="para1"><num>(b)</num><intro><p>in cases that operate by reference to a determination made, or that may be made, under this regulation in relation to the person, the references to “the employer” in the following provisions are to be treated as references to the person—</p></intro><level class="para2"><num>(i)</num><content><p>regulation 81(4) (employee liability if tax unpaid after regulation 80 determination), and</p></content></level><level class="para2"><num>(ii)</num><content><p>regulation 97P(1) (persons from whom security for PAYE can be required), and</p></content></level></level><level class="para1"><num>(c)</num><content><p>the references to “the employer” in regulation 72E(6) and regulation 72F (recovery from employee of tax that has been self-assessed etc.) are to be treated as references to the person for the purposes of making a direction under section 72F in relation to the person.</p></content></level></paragraph></quotedStructure></mod></p></content></subsection><subsection eId="section-24-11"><num>(11)</num><content><p>The amendments made by this section have effect in relation to payments made on or after 6 April 2026.</p></content></subsection></section><section eId="section-25"><num>25</num><heading>Loan charge settlement scheme</heading><subsection eId="section-25-1"><num>(1)</num><content><p>The Treasury must by regulations provide for a scheme under which persons who are liable to pay loan charge amounts may enter into an agreement (“a settlement agreement”) with the Commissioners as regards those amounts.</p></content></subsection><subsection eId="section-25-2"><num>(2)</num><intro><p>The scheme must provide that the Commissioners must, in accordance with the scheme, make an offer to enter into a settlement agreement (“a settlement offer”) to every person who—</p></intro><level class="para1" eId="section-25-2-a"><num>(a)</num><content><p>they believe is liable to pay loan charge amounts, and</p></content></level><level class="para1" eId="section-25-2-b"><num>(b)</num><intro><p>is not a person who the Commissioners reasonably suspect is, or has at any time been—</p></intro><level class="para2" eId="section-25-2-b-i"><num>(i)</num><content><p>a promoter or introducer for the purposes of <ref eId="c00034" href="https://www.legislation.gov.uk/ukpga/2004/12/part/7">Part 7</ref> of <ref eId="c00035" href="https://www.legislation.gov.uk/ukpga/2004/12/contents">FA 2004</ref> (disclosure of tax avoidance schemes), or</p></content></level><level class="para2" eId="section-25-2-b-ii"><num>(ii)</num><content><p>a director or shadow director of such a person.</p></content></level></level></subsection><subsection eId="section-25-3"><num>(3)</num><intro><p>The scheme must provide that a settlement offer made to a person (P) must—</p></intro><level class="para1" eId="section-25-3-a"><num>(a)</num><intro><p>set out the terms of the proposed settlement agreement, including—</p></intro><level class="para2" eId="section-25-3-a-i"><num>(i)</num><content><p>the loan charge amounts to which it would apply (“relevant loan charge amounts”), and</p></content></level><level class="para2" eId="section-25-3-a-ii"><num>(ii)</num><content><p>the amount P would instead be required to pay under it (“settlement amount”), and</p></content></level></level><level class="para1" eId="section-25-3-b"><num>(b)</num><content><p>remain open to P for such reasonable period as may be specified by the scheme.</p></content></level></subsection><subsection eId="section-25-4"><num>(4)</num><content><p>The scheme must provide that the relevant loan charge amounts must not include loan charge amounts which are the subject of, or under, a contract settlement entered into before 1 June 2021.</p></content></subsection><subsection eId="section-25-5"><num>(5)</num><intro><p>The scheme must provide that if P enters into the proposed settlement agreement with the Commissioners—</p></intro><level class="para1" eId="section-25-5-a"><num>(a)</num><content><p>every relevant loan charge amount ceases to be, or will no longer become, payable by P, but</p></content></level><level class="para1" eId="section-25-5-b"><num>(b)</num><content><p>P is instead liable to pay the settlement amount.</p></content></level></subsection><subsection eId="section-25-6"><num>(6)</num><intro><p>The scheme must provide for the calculation of P’s settlement amount and must secure—</p></intro><level class="para1" eId="section-25-6-a"><num>(a)</num><intro><p>that amounts are arrived at by—</p></intro><level class="para2" eId="section-25-6-a-i"><num>(i)</num><content><p>determining the value of the Schedule 11 or 12 to F(No. 2)A 2017 loans and quasi-loans to which the relevant loan charge amounts are connected,</p></content></level><level class="para2" eId="section-25-6-a-ii"><num>(ii)</num><content><p>determining the other amounts paid to P under the arrangements under which those loans or quasi-loans were made,</p></content></level><level class="para2" eId="section-25-6-a-iii"><num>(iii)</num><content><p>determining the amounts charged to P (as deductions, fees or otherwise) under those arrangements,</p></content></level><level class="para2" eId="section-25-6-a-iv"><num>(iv)</num><content><p>attributing the amounts determined as mentioned in <span><ref href="#section-25-6-a-i">sub-paragraphs (i)</ref> to <ref href="#section-25-6-a-iii">(iii)</ref></span> to tax years in accordance with the scheme and assuming that income tax and national insurance contributions were payable as regards those tax years in relation to those amounts, and</p></content></level><level class="para2" eId="section-25-6-a-v"><num>(v)</num><content><p>on that assumption, determining the total amount for each of those tax years of the additional income tax and national insurance contributions which would have been payable by P as regards the tax year (“starting amount”),</p></content></level></level><level class="para1" eId="section-25-6-b"><num>(b)</num><intro><p>that the starting amount for each tax year is lowered (but not below nil) by the amount that results from adding together—</p></intro><level class="para2" eId="section-25-6-b-i"><num>(i)</num><content><p>the amount of reduction given by reducing by 10% the first £50,000 of the total amount attributed to the tax year under <ref href="#section-25-6-a">paragraph (a)</ref><ref href="#section-25-6-a-iv">(iv)</ref>, and</p></content></level><level class="para2" eId="section-25-6-b-ii"><num>(ii)</num><content><p>the amount of reduction given by reducing by 5% the next £100,000 of that total,</p></content></level></level><level class="para1" eId="section-25-6-c"><num>(c)</num><content><p>that the amounts produced by this are added together and the resulting amount is lowered by £5,000 (but not below nil),</p></content></level><level class="para1" eId="section-25-6-d"><num>(d)</num><content><p>that this lowered amount is the settlement amount, unless it is more than £70,000 lower than P’s loan charge gross liability, and</p></content></level><level class="para1" eId="section-25-6-e"><num>(e)</num><content><p>that, if that lowered amount is more than £70,000 lower than P’s loan charge gross liability, the settlement amount is instead P’s loan charge gross liability minus £70,000.</p></content></level></subsection><subsection eId="section-25-7"><num>(7)</num><intro><p>In <ref href="#section-25">this section</ref>—</p></intro><hcontainer name="definition"><intro><p>“<term refersTo="#term-loan-charge-amount" eId="term-loan-charge-amount">loan charge amount</term>” means an amount which—</p></intro><level class="para1"><num>(a)</num><content><p>arises in connection with a Schedule 11 or 12 to F(No. 2)A 2017 loan or quasi-loan,</p></content></level><level class="para1"><num>(b)</num><content><p>is not an amount of inheritance tax,</p></content></level><level class="para1"><num>(c)</num><content><p>is payable, or becomes payable in the future, to the Commissioners under or by virtue of any enactment or under a contract settlement, and</p></content></level><level class="para1"><num>(d)</num><content><p>has not yet been paid;</p></content></level></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-loan-charge-gross-liability" eId="term-loan-charge-gross-liability">loan charge gross liability</term>”, in relation to a person, means the total of the loan charge amounts the person was liable to pay before any payment of those amounts.</p></content></hcontainer></subsection><subsection eId="section-25-8"><num>(8)</num><intro><p>A reference in <ref href="#section-25">this section</ref> to a Schedule 11 or 12 to F(No. 2)A 2017 loan or quasi-loan is to—</p></intro><level class="para1" eId="section-25-8-a"><num>(a)</num><content><p>a loan or quasi-loan (within the meaning of paragraph 2 of Schedule 11 to F(No. 2)A 2017) by reason of which a person is treated, under paragraph 1 of Schedule 11 to F(No. 2)A 2017, as taking a relevant step for the purposes of <ref eId="c00036" href="https://www.legislation.gov.uk/ukpga/2003/1/part/7A">Part 7A</ref> of <ref eId="c00037" href="https://www.legislation.gov.uk/ukpga/2003/1/contents">ITEPA 2003</ref>, or</p></content></level><level class="para1" eId="section-25-8-b"><num>(b)</num><content><p>a loan or quasi-loan (within the meaning of <ref href="#schedule-12-paragraph-2">paragraph 2</ref> of <ref href="#schedule-12">Schedule 12</ref> to F(No. 2)A 2017) which is treated for the purposes of sections 23A to 23H of ITTOIA 2005 as a relevant benefit by reason of paragraph 1 of Schedule 12 to F(No. 2)A 2017.</p></content></level></subsection><subsection eId="section-25-9"><num>(9)</num><intro><p>In <ref href="#section-25">this section</ref>—</p></intro><hcontainer name="definition"><content><p>“<term refersTo="#term-the-commissioners" eId="term-the-commissioners">the Commissioners</term>” means the Commissioners for His Majesty’s Revenue and Customs;</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-contract-settlement" eId="term-contract-settlement">contract settlement</term>” has the meaning given by section 25 of CRCA 2005;</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-shadow-director" eId="term-shadow-director">shadow director</term>” has the meaning given by section 251 of the Companies Act 2006.</p></content></hcontainer></subsection></section><section eId="section-26"><num>26</num><heading>Loan charge settlement scheme: inheritance tax</heading><subsection eId="section-26-1"><num>(1)</num><intro><p>The scheme may provide that, if a person enters into a settlement agreement, amounts of inheritance tax payable by the person which—</p></intro><level class="para1" eId="section-26-1-a"><num>(a)</num><intro><p>arise as a result of transfers of value and other occasions of charge occurring—</p></intro><level class="para2" eId="section-26-1-a-i"><num>(i)</num><content><p>in connection with a settlement (within the meaning of section 43 of IHTA 1984) used as part of arrangements under which the relevant Schedule 11 or 12 to F(No. 2)A 2017 loans and quasi-loans were made, and</p></content></level><level class="para2" eId="section-26-1-a-ii"><num>(ii)</num><content><p>before the end of 3 months after the date on which the settlement offer, in relation to the settlement agreement, was made to the person, and</p></content></level></level><level class="para1" eId="section-26-1-b"><num>(b)</num><content><p>have not yet been paid,</p></content></level><wrapUp><p>cease to payable by the person.</p></wrapUp></subsection><subsection eId="section-26-2"><num>(2)</num><intro><p>The scheme may provide, if a person enters into a settlement agreement, for adjustments in amounts of inheritance tax payable by other persons which—</p></intro><level class="para1" eId="section-26-2-a"><num>(a)</num><content><p>arise as mentioned in <ref href="#section-26-1">subsection (1)</ref><ref href="#section-26-1-a">(a)</ref>,</p></content></level><level class="para1" eId="section-26-2-b"><num>(b)</num><content><p>are attributable to property used for making the relevant Schedule 11 or 12 to F(No. 2)A 2017 loans and quasi-loans, and</p></content></level><level class="para1" eId="section-26-2-c"><num>(c)</num><content><p>have not yet been paid.</p></content></level></subsection><subsection eId="section-26-3"><num>(3)</num><content><p>The scheme must provide that, if a person enters into a settlement agreement, no relevant Schedule 11 or 12 to F(No. 2)A 2017 loan or quasi-loan is to be treated as a liability for the purposes of section 5(3) of IHTA 1984.</p></content></subsection><subsection eId="section-26-4"><num>(4)</num><content><p>In this section, references to relevant Schedule 11 or 12 to F(No. 2)A 2017 loans and quasi-loans are to the Schedule 11 or 12 to F(No. 2)A 2017 loans and quasi-loans to which the loan charge amounts to which the settlement agreement applies are connected.</p></content></subsection><subsection eId="section-26-5"><num>(5)</num><content><p>Expressions used in this section and section 25 have the same meaning in this section as they have in section 25.</p></content></subsection><subsection eId="section-26-6"><num>(6)</num><content><p>In this section, “<term refersTo="#term-transfer-of-value" eId="term-transfer-of-value">transfer of value</term>” has the same meaning as in IHTA 1984 (see, in particular, section 3 of that Act).</p></content></subsection></section><section eId="section-27"><num>27</num><heading>Loan charge settlement scheme: supplementary</heading><subsection eId="section-27-1"><num>(1)</num><intro><p>The scheme may make provision—</p></intro><level class="para1" eId="section-27-1-a"><num>(a)</num><content><p>about the process of making settlement offers and entering into settlement agreements;</p></content></level><level class="para1" eId="section-27-1-b"><num>(b)</num><content><p>for settlement offers to be conditional upon the persons to whom they are made doing specified things;</p></content></level><level class="para1" eId="section-27-1-c"><num>(c)</num><content><p>about the terms which may, must or may not be included in settlement agreements;</p></content></level><level class="para1" eId="section-27-1-d"><num>(d)</num><intro><p>supplementing—</p></intro><level class="para2" eId="section-27-1-d-i"><num>(i)</num><content><p>provision made under <ref href="#section-25">section 25</ref><ref href="#section-25-6">(6)</ref> about the calculation of settlement amounts, and</p></content></level><level class="para2" eId="section-27-1-d-ii"><num>(ii)</num><content><p>the definitions in <ref href="#section-25">section 25</ref><ref href="#section-25-7">(7)</ref> of “loan charge amount” and “loan charge gross liability”;</p></content></level></level><level class="para1" eId="section-27-1-e"><num>(e)</num><content><p>adapting provision made under <ref href="#section-25">section 25</ref><ref href="#section-25-6">(6)</ref>, in cases where a settlement offer is made to a person who is not an individual, about the calculation of settlement amounts (including provision for the calculation to be different to what is required by <ref href="#section-25">section 25</ref><ref href="#section-25-6">(6)</ref>);</p></content></level><level class="para1" eId="section-27-1-f"><num>(f)</num><content><p>for the use of estimates in relation to any amount;</p></content></level><level class="para1" eId="section-27-1-g"><num>(g)</num><content><p>about liabilities which are incidental to, or otherwise connected with, loan charge amounts;</p></content></level><level class="para1" eId="section-27-1-h"><num>(h)</num><content><p>for amounts paid by a person towards the person’s loan charge gross liability to be credited against a liability of the person to pay a settlement amount (but to no greater extent than discharging that liability);</p></content></level><level class="para1" eId="section-27-1-i"><num>(i)</num><content><p>for anything else the Treasury consider appropriate for the purpose of the scheme.</p></content></level></subsection><subsection eId="section-27-2"><num>(2)</num><intro><p>The things specified under <ref href="#section-27-1">subsection (1)</ref><ref href="#section-27-1-b">(b)</ref> may include, for example, a person to whom a settlement offer is made entering into a contract settlement in relation to amounts specified in the settlement offer which—</p></intro><level class="para1" eId="section-27-2-a"><num>(a)</num><content><p>are not loan charge amounts,</p></content></level><level class="para1" eId="section-27-2-b"><num>(b)</num><content><p>are payable, or become payable in the future, to the Commissioners by the person under or by virtue of any enactment, and</p></content></level><level class="para1" eId="section-27-2-c"><num>(c)</num><content><p>have not yet been paid.</p></content></level></subsection><subsection eId="section-27-3"><num>(3)</num><content><p>The provision which may be made under <ref href="#section-27-1">subsection (1)</ref><ref href="#section-27-1-d">(d)</ref><ref href="#section-27-1-d-ii">(ii)</ref> includes provision setting out the descriptions of amounts which arise in connection with a Schedule 11 or 12 to F(No. 2)A 2017 loan or quasi-loan.</p></content></subsection><subsection eId="section-27-4"><num>(4)</num><intro><p>The provision which may be made under <ref href="#section-27-1">subsection (1)</ref><ref href="#section-27-1-g">(g)</ref> includes provision—</p></intro><level class="para1" eId="section-27-4-a"><num>(a)</num><content><p>treating penalties, or other amounts which are not loan charge amounts but are connected with them, as never having arisen or ceasing to be payable, and</p></content></level><level class="para1" eId="section-27-4-b"><num>(b)</num><content><p>crediting amounts paid towards such liabilities against other liabilities to pay a settlement or other amount to the Commissioners or for the Commissioners to repay those paid amounts.</p></content></level></subsection><subsection eId="section-27-5"><num>(5)</num><intro><p>The scheme may make—</p></intro><level class="para1" eId="section-27-5-a"><num>(a)</num><content><p>different provision for different purposes or cases;</p></content></level><level class="para1" eId="section-27-5-b"><num>(b)</num><content><p>provision generally or for specified cases;</p></content></level><level class="para1" eId="section-27-5-c"><num>(c)</num><content><p>provision subject to exceptions;</p></content></level><level class="para1" eId="section-27-5-d"><num>(d)</num><content><p>incidental, supplementary, consequential or transitional provision.</p></content></level></subsection><subsection eId="section-27-6"><num>(6)</num><content><p>Regulations providing for the scheme are to be made by statutory instrument and are subject to annulment in pursuance of a resolution of the House of Commons.</p></content></subsection><subsection eId="section-27-7"><num>(7)</num><content><p>A settlement agreement is a contract settlement for the purposes of <ref eId="c00038" href="https://www.legislation.gov.uk/ukpga/2005/11/section/25">sections 25</ref> and <ref eId="c00039" href="https://www.legislation.gov.uk/ukpga/2005/11/section/25A">25A</ref> of CRCA 2005.</p></content></subsection><subsection eId="section-27-8"><num>(8)</num><content><p>Expressions used in this section and section 25 or 26 have the same meaning in this section as they have in section 25 or 26.</p></content></subsection></section></hcontainer>
<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="section-20"><num>20</num><heading>Employment income: miscellaneous exemptions</heading><subsection eId="section-20-1"><num>(1)</num><content><p>Chapter 11 of Part 4 of ITEPA 2003 (employment income: miscellaneous exemptions) is amended in accordance with subsections <ref href="#section-20-2">(2)</ref> to <ref href="#section-20-4">(4)</ref>.</p></content></subsection><subsection eId="section-20-2"><num>(2)</num><content><p><mod>After section 316 insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><section><num>316ZA</num><heading>Accommodation, supplies and services used in employment duties: payment or reimbursement of expenses</heading><subsection><num>(1)</num><content><p>No liability to income tax arises in respect of the payment or reimbursement of expenses incurred by an employee on behalf of the employer in respect of the provision for the employee of accommodation, supplies or services if conditions A and B are met.</p></content></subsection><subsection><num>(2)</num><intro><p>Condition A is that, at the time the accommodation, supplies or services are first provided, the intention of the employer is that—</p></intro><level class="para1"><num>(a)</num><content><p>they will be used by the employee in performing duties of the employment, and</p></content></level><level class="para1"><num>(b)</num><content><p>any use of them for private purposes by the employee or members of the employee’s family or household will not be significant.</p></content></level></subsection><subsection><num>(3)</num><intro><p>Condition B is that where the provision is otherwise than on premises occupied by the employer—</p></intro><level class="para1"><num>(a)</num><content><p>its sole purpose is to enable the employee to perform the duties of the employee’s employment, and</p></content></level><level class="para1"><num>(b)</num><content><p>what is provided is not an excluded benefit.</p></content></level></subsection><subsection><num>(4)</num><content><p>In this section “<term refersTo="#term-for-private-purposes">for private purposes</term>” and “<term refersTo="#term-excluded-benefit">excluded benefit</term>” have the same meaning as in section 316.</p></content></subsection></section></quotedStructure></mod></p></content></subsection><subsection eId="section-20-3"><num>(3)</num><intro><p>In section 320A (eye tests and special corrective appliances)—</p></intro><level class="para1" eId="section-20-3-a"><num>(a)</num><content><p><mod>after subsection (1) insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><subsection eId="d28e4753"><num>(1A)</num><content><p>No liability to income tax arises in respect of the payment or reimbursement of expenses incurred by an employee in respect of the provision for the employee of a test or appliances of the kind mentioned in subsection (1) if conditions A and B are met.</p></content></subsection></quotedStructure><inline name="appendText">;</inline></mod></p></content></level><level class="para1" eId="section-20-3-b"><num>(b)</num><content><p><mod>in subsection (3), after “regulations” insert <quotedText>“, whether by way of provision under subsection (1) or payment or reimbursement under subsection <ref href="#d28e4753">(1A)</ref>”</quotedText>.</mod></p></content></level></subsection><subsection eId="section-20-4"><num>(4)</num><content><p><mod>After section 320C insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><hcontainer name="crossheading" ukl:Name="Pblock"><heading>Flu vaccinations</heading><section eId="d28e4786"><num>320D</num><heading>Flu vaccinations</heading><subsection><num>(1)</num><content><p>No liability to income tax arises in respect of the provision for an employee of an influenza vaccination if the provision is not made pursuant to relevant salary sacrifice arrangements.</p></content></subsection><subsection><num>(2)</num><content><p>No liability to income tax arises in respect of the payment or reimbursement of expenses incurred by an employee in respect of the provision for the employee of an influenza vaccination if the payment or reimbursement is not made pursuant to relevant salary sacrifice arrangements.</p></content></subsection><subsection><num>(3)</num><content><p>In this section “<term refersTo="#term-relevant-salary-sacrifice-arrangements">relevant salary sacrifice arrangements</term>” means arrangements (whenever made, whether before or after the employment began) under which the employee gives up the right to receive an amount of general earnings or specific employment income in return for the provision of an influenza vaccination or the payment or reimbursement of the cost of such a vaccination.</p></content></subsection></section></hcontainer></quotedStructure></mod></p></content></subsection><subsection eId="section-20-5"><num>(5)</num><intro><p>In section 266(3) of ITEPA 2003 (exemption of non-cash vouchers for exempt benefits)—</p></intro><level class="para1" eId="section-20-5-a"><num>(a)</num><content><p>omit the “or” after paragraph (f);</p></content></level><level class="para1" eId="section-20-5-b"><num>(b)</num><content><p><mod>after paragraph (g) insert <quotedText startQuote="“">, or</quotedText><quotedStructure endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="default"><level class="para1"><num>(h)</num><content><p>section <ref href="#d28e4786">320D</ref> (flu vaccinations).</p></content></level></quotedStructure></mod></p></content></level></subsection><subsection eId="section-20-6"><num>(6)</num><intro><p>In section 267(2) of ITEPA 2003 (exemption of credit-tokens used for exempt benefits)—</p></intro><level class="para1" eId="section-20-6-a"><num>(a)</num><content><p>omit the “and” after paragraph (h);</p></content></level><level class="para1" eId="section-20-6-b"><num>(b)</num><content><p><mod>after paragraph (i) insert <quotedText startQuote="“">, and</quotedText><quotedStructure endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="default"><level class="para1"><num>(j)</num><content><p>section <ref href="#d28e4786">320D</ref> (flu vaccinations).</p></content></level></quotedStructure></mod></p></content></level></subsection><subsection eId="section-20-7"><num>(7)</num><content><p>The amendments made by this section have effect in relation to the tax year 2026-2027 and subsequent tax years.</p></content></subsection></section>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-20-1"><num>(1)</num><content><p>Chapter 11 of Part 4 of ITEPA 2003 (employment income: miscellaneous exemptions) is amended in accordance with subsections <ref href="#section-20-2">(2)</ref> to <ref href="#section-20-4">(4)</ref>.</p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="section-20-2"><num>(2)</num><content><p><mod>After section 316 insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><section><num>316ZA</num><heading>Accommodation, supplies and services used in employment duties: payment or reimbursement of expenses</heading><subsection><num>(1)</num><content><p>No liability to income tax arises in respect of the payment or reimbursement of expenses incurred by an employee on behalf of the employer in respect of the provision for the employee of accommodation, supplies or services if conditions A and B are met.</p></content></subsection><subsection><num>(2)</num><intro><p>Condition A is that, at the time the accommodation, supplies or services are first provided, the intention of the employer is that—</p></intro><level class="para1"><num>(a)</num><content><p>they will be used by the employee in performing duties of the employment, and</p></content></level><level class="para1"><num>(b)</num><content><p>any use of them for private purposes by the employee or members of the employee’s family or household will not be significant.</p></content></level></subsection><subsection><num>(3)</num><intro><p>Condition B is that where the provision is otherwise than on premises occupied by the employer—</p></intro><level class="para1"><num>(a)</num><content><p>its sole purpose is to enable the employee to perform the duties of the employee’s employment, and</p></content></level><level class="para1"><num>(b)</num><content><p>what is provided is not an excluded benefit.</p></content></level></subsection><subsection><num>(4)</num><content><p>In this section “<term refersTo="#term-for-private-purposes">for private purposes</term>” and “<term refersTo="#term-excluded-benefit">excluded benefit</term>” have the same meaning as in section 316.</p></content></subsection></section></quotedStructure></mod></p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="section-20-3"><num>(3)</num><intro><p>In section 320A (eye tests and special corrective appliances)—</p></intro><level class="para1" eId="section-20-3-a"><num>(a)</num><content><p><mod>after subsection (1) insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><subsection eId="d28e4753"><num>(1A)</num><content><p>No liability to income tax arises in respect of the payment or reimbursement of expenses incurred by an employee in respect of the provision for the employee of a test or appliances of the kind mentioned in subsection (1) if conditions A and B are met.</p></content></subsection></quotedStructure><inline name="appendText">;</inline></mod></p></content></level><level class="para1" eId="section-20-3-b"><num>(b)</num><content><p><mod>in subsection (3), after “regulations” insert <quotedText>“, whether by way of provision under subsection (1) or payment or reimbursement under subsection <ref href="#d28e4753">(1A)</ref>”</quotedText>.</mod></p></content></level></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" class="para1" eId="section-20-3-a"><num>(a)</num><content><p><mod>after subsection (1) insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><subsection eId="d28e4753"><num>(1A)</num><content><p>No liability to income tax arises in respect of the payment or reimbursement of expenses incurred by an employee in respect of the provision for the employee of a test or appliances of the kind mentioned in subsection (1) if conditions A and B are met.</p></content></subsection></quotedStructure><inline name="appendText">;</inline></mod></p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-20-3-b"><num>(b)</num><content><p><mod>in subsection (3), after “regulations” insert <quotedText>“, whether by way of provision under subsection (1) or payment or reimbursement under subsection <ref href="#d28e4753">(1A)</ref>”</quotedText>.</mod></p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="section-20-4"><num>(4)</num><content><p><mod>After section 320C insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><hcontainer name="crossheading" ukl:Name="Pblock"><heading>Flu vaccinations</heading><section eId="d28e4786"><num>320D</num><heading>Flu vaccinations</heading><subsection><num>(1)</num><content><p>No liability to income tax arises in respect of the provision for an employee of an influenza vaccination if the provision is not made pursuant to relevant salary sacrifice arrangements.</p></content></subsection><subsection><num>(2)</num><content><p>No liability to income tax arises in respect of the payment or reimbursement of expenses incurred by an employee in respect of the provision for the employee of an influenza vaccination if the payment or reimbursement is not made pursuant to relevant salary sacrifice arrangements.</p></content></subsection><subsection><num>(3)</num><content><p>In this section “<term refersTo="#term-relevant-salary-sacrifice-arrangements">relevant salary sacrifice arrangements</term>” means arrangements (whenever made, whether before or after the employment began) under which the employee gives up the right to receive an amount of general earnings or specific employment income in return for the provision of an influenza vaccination or the payment or reimbursement of the cost of such a vaccination.</p></content></subsection></section></hcontainer></quotedStructure></mod></p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="section-20-5"><num>(5)</num><intro><p>In section 266(3) of ITEPA 2003 (exemption of non-cash vouchers for exempt benefits)—</p></intro><level class="para1" eId="section-20-5-a"><num>(a)</num><content><p>omit the “or” after paragraph (f);</p></content></level><level class="para1" eId="section-20-5-b"><num>(b)</num><content><p><mod>after paragraph (g) insert <quotedText startQuote="“">, or</quotedText><quotedStructure endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="default"><level class="para1"><num>(h)</num><content><p>section <ref href="#d28e4786">320D</ref> (flu vaccinations).</p></content></level></quotedStructure></mod></p></content></level></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-20-5-a"><num>(a)</num><content><p>omit the “or” after paragraph (f);</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" class="para1" eId="section-20-5-b"><num>(b)</num><content><p><mod>after paragraph (g) insert <quotedText startQuote="“">, or</quotedText><quotedStructure endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="default"><level class="para1"><num>(h)</num><content><p>section <ref href="#d28e4786">320D</ref> (flu vaccinations).</p></content></level></quotedStructure></mod></p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="section-20-6"><num>(6)</num><intro><p>In section 267(2) of ITEPA 2003 (exemption of credit-tokens used for exempt benefits)—</p></intro><level class="para1" eId="section-20-6-a"><num>(a)</num><content><p>omit the “and” after paragraph (h);</p></content></level><level class="para1" eId="section-20-6-b"><num>(b)</num><content><p><mod>after paragraph (i) insert <quotedText startQuote="“">, and</quotedText><quotedStructure endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="default"><level class="para1"><num>(j)</num><content><p>section <ref href="#d28e4786">320D</ref> (flu vaccinations).</p></content></level></quotedStructure></mod></p></content></level></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-20-6-a"><num>(a)</num><content><p>omit the “and” after paragraph (h);</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" class="para1" eId="section-20-6-b"><num>(b)</num><content><p><mod>after paragraph (i) insert <quotedText startQuote="“">, and</quotedText><quotedStructure endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="default"><level class="para1"><num>(j)</num><content><p>section <ref href="#d28e4786">320D</ref> (flu vaccinations).</p></content></level></quotedStructure></mod></p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-20-7"><num>(7)</num><content><p>The amendments made by this section have effect in relation to the tax year 2026-2027 and subsequent tax years.</p></content></subsection>
<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="section-21"><num>21</num><heading>Disallowing deduction from earnings for additional household expenses</heading><subsection eId="section-21-1"><num>(1)</num><content><p><mod>After section 360A of ITEPA 2003 (no deduction from earnings for social security contributions) insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><section><num>360B</num><heading>Additional household expenses</heading><subsection><num>(1)</num><content><p>No deduction from earnings is allowed under this Chapter for additional household expenses which the employee incurs in the performance of the duties of the employment at home.</p></content></subsection><subsection><num>(2)</num><content><p>In this section, “<term refersTo="#term-household-expenses">household expenses</term>” has the same meaning as in section 316A.</p></content></subsection></section></quotedStructure></mod></p></content></subsection><subsection eId="section-21-2"><num>(2)</num><content><p>The amendment made by this section has effect for the tax year 2026-27 and subsequent tax years.</p></content></subsection></section>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="section-21-1"><num>(1)</num><content><p><mod>After section 360A of ITEPA 2003 (no deduction from earnings for social security contributions) insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><section><num>360B</num><heading>Additional household expenses</heading><subsection><num>(1)</num><content><p>No deduction from earnings is allowed under this Chapter for additional household expenses which the employee incurs in the performance of the duties of the employment at home.</p></content></subsection><subsection><num>(2)</num><content><p>In this section, “<term refersTo="#term-household-expenses">household expenses</term>” has the same meaning as in section 316A.</p></content></subsection></section></quotedStructure></mod></p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-21-2"><num>(2)</num><content><p>The amendment made by this section has effect for the tax year 2026-27 and subsequent tax years.</p></content></subsection>
<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="section-22"><num>22</num><heading>Payment for cancelled shifts etc.</heading><subsection eId="section-22-1"><num>(1)</num><content><p><mod>After section 221 of ITEPA 2003 (payments where employee absent because of sickness or disability) insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><section><num>221A</num><heading>Payment for cancelled, moved or curtailed shift</heading><subsection eId="d28e4940"><num>(1)</num><content><p>This section applies to a payment made to an employee under section 27BP of the Employment Rights Act 1996 (right to payment for a cancelled, moved or curtailed shift) by reason of the employee’s employment.</p></content></subsection><subsection><num>(2)</num><intro><p>The payment—</p></intro><level class="para1"><num>(a)</num><content><p>is to be treated as earnings from the employment for the relevant tax year, and</p></content></level><level class="para1"><num>(b)</num><content><p>does not constitute earnings from the employment by virtue of any other provision.</p></content></level></subsection><subsection><num>(3)</num><intro><p>For the purposes of this section and the application of Part 2 of this Act (charge to tax) to amounts treated as earnings under this section—</p></intro><level class="para1"><num>(a)</num><content><p>“<term refersTo="#term-employee">employee</term>” includes a former employee or individual who was a prospective employee immediately before the shift was cancelled, moved or curtailed, and</p></content></level><level class="para1"><num>(b)</num><content><p>employment is to be construed accordingly.</p></content></level></subsection><subsection><num>(4)</num><content><p>Accordingly, for the purposes of applying this section and Part 2 of this Act (charge to tax) to a payment made to a prospective employee by reason of a prospective employment it does not matter whether the prospective employee ever holds the employment.</p></content></subsection><subsection><num>(5)</num><content><p>Sections 17 and 30 (treatment of earnings for year in which employment not held) do not apply in connection with determining the year for which amounts are to be treated as earnings under this section.</p></content></subsection><subsection><num>(6)</num><content><p>In this section “<term refersTo="#term-relevant-tax-year">relevant tax year</term>” means the tax year in which the duties of the shift in respect of which the payment under <ref href="#d28e4940">subsection (1)</ref> was made that were not performed would have been performed if the shift had not been cancelled, moved or curtailed.</p></content></subsection></section></quotedStructure></mod></p></content></subsection><subsection eId="section-22-2"><num>(2)</num><content><p>The amendment made by this section comes into force on the first day on which the duty in section 27BP(1) of the Employment Rights Act 1996 has effect.</p></content></subsection></section>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="section-22-1"><num>(1)</num><content><p><mod>After section 221 of ITEPA 2003 (payments where employee absent because of sickness or disability) insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><section><num>221A</num><heading>Payment for cancelled, moved or curtailed shift</heading><subsection eId="d28e4940"><num>(1)</num><content><p>This section applies to a payment made to an employee under section 27BP of the Employment Rights Act 1996 (right to payment for a cancelled, moved or curtailed shift) by reason of the employee’s employment.</p></content></subsection><subsection><num>(2)</num><intro><p>The payment—</p></intro><level class="para1"><num>(a)</num><content><p>is to be treated as earnings from the employment for the relevant tax year, and</p></content></level><level class="para1"><num>(b)</num><content><p>does not constitute earnings from the employment by virtue of any other provision.</p></content></level></subsection><subsection><num>(3)</num><intro><p>For the purposes of this section and the application of Part 2 of this Act (charge to tax) to amounts treated as earnings under this section—</p></intro><level class="para1"><num>(a)</num><content><p>“<term refersTo="#term-employee">employee</term>” includes a former employee or individual who was a prospective employee immediately before the shift was cancelled, moved or curtailed, and</p></content></level><level class="para1"><num>(b)</num><content><p>employment is to be construed accordingly.</p></content></level></subsection><subsection><num>(4)</num><content><p>Accordingly, for the purposes of applying this section and Part 2 of this Act (charge to tax) to a payment made to a prospective employee by reason of a prospective employment it does not matter whether the prospective employee ever holds the employment.</p></content></subsection><subsection><num>(5)</num><content><p>Sections 17 and 30 (treatment of earnings for year in which employment not held) do not apply in connection with determining the year for which amounts are to be treated as earnings under this section.</p></content></subsection><subsection><num>(6)</num><content><p>In this section “<term refersTo="#term-relevant-tax-year">relevant tax year</term>” means the tax year in which the duties of the shift in respect of which the payment under <ref href="#d28e4940">subsection (1)</ref> was made that were not performed would have been performed if the shift had not been cancelled, moved or curtailed.</p></content></subsection></section></quotedStructure></mod></p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-22-2"><num>(2)</num><content><p>The amendment made by this section comes into force on the first day on which the duty in section 27BP(1) of the Employment Rights Act 1996 has effect.</p></content></subsection>
<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" xmlns:default="http://www.w3.org/1999/xhtml" eId="section-23"><num>23</num><heading>Location of duties of employment where duties not performed</heading><subsection eId="section-23-1"><num>(1)</num><content><p>ITEPA 2003 is amended as follows.</p></content></subsection><subsection eId="section-23-2"><num>(2)</num><intro><p>In section 27 (UK-based earnings for year when employee not resident in UK)—</p></intro><level class="para1" eId="section-23-2-a"><num>(a)</num><intro><p>in subsection (1)—</p></intro><level class="para2" eId="section-23-2-a-i"><num>(i)</num><content><p><mod>at the end of paragraph (a) insert <quotedText>“that do not fall within paragraph (c)”</quotedText>;</mod></p></content></level><level class="para2" eId="section-23-2-a-ii"><num>(ii)</num><content><p><mod>at the end of paragraph (b) insert <quotedText>“that do not fall within paragraph (c)”</quotedText>;</mod></p></content></level><level class="para2" eId="section-23-2-a-iii"><num>(iii)</num><content><p><mod>at the end of paragraph (c) insert <quotedText>“and which have been reduced by a claim for relief under section 414 (reduction in other cases of foreign service)”</quotedText>;</mod></p></content></level></level><level class="para1" eId="section-23-2-b"><num>(b)</num><content><p><mod>in subsection (2), for “(1)(a) or (b)” substitute <quotedText>“(1)”</quotedText>;</mod></p></content></level><level class="para1" eId="section-23-2-c"><num>(c)</num><content><p>omit subsection (2A);</p></content></level><level class="para1" eId="section-23-2-d"><num>(d)</num><content><p><mod>in subsection (3), for “Subsections (2) and (2A) apply” substitute <quotedText>“Subsection (2) applies”</quotedText>.</mod></p></content></level></subsection><subsection eId="section-23-3"><num>(3)</num><intro><p>In section 38 (earnings for period of absence from employment)—</p></intro><level class="para1" eId="section-23-3-a"><num>(a)</num><content><p><mod>in subsection (1), for “This section” substitute <quotedText>“Subsection (2)”</quotedText>;</mod></p></content></level><level class="para1" eId="section-23-3-b"><num>(b)</num><content><p><mod>after subsection (2) insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><subsection><num>(3)</num><content><p>If and to the extent that general earnings for a period of absence from an employment are not treated for the purposes of this Chapter as general earnings in respect of duties performed in the United Kingdom, the general earnings are to be treated for the purposes of this Chapter as general earnings in respect of duties performed outside the United Kingdom.</p></content></subsection><subsection><num>(4)</num><content><p>For the purposes of this section references to “general earnings for a period of absence” do not include any general earnings to which section 221A (cancelled, moved or curtailed shift) applies (see <ref href="#d28e5138">section 38A</ref>).</p></content></subsection></quotedStructure></mod></p></content></level></subsection><subsection eId="section-23-4"><num>(4)</num><content><p><mod>After section 38 (earnings for period of absence from employment) insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><section eId="d28e5138"><num>38A</num><heading>Earnings relating to duties not performed</heading><subsection><num>(1)</num><content><p>This section applies for determining the extent to which general earnings that relate to duties that were not performed are to be treated for the purposes of this Chapter as general earnings in respect of duties performed in the United Kingdom.</p></content></subsection><subsection><num>(2)</num><intro><p>For the purposes of this section—</p></intro><level class="para1"><num>(a)</num><content><p>“<term refersTo="#term-general-earnings">general earnings</term>” means an amount of general earnings specified in the first column of the table, and</p></content></level><level class="para1"><num>(b)</num><content><p>the “<term refersTo="#term-duties-that-were-not-performed">duties that were not performed</term>”, in relation to general earnings, means the duties specified in the corresponding entry in the second column of the table.</p><tblock class="table" ukl:Orientation="portrait"><foreign><default:table xmlns="http://www.w3.org/1999/xhtml"><default:colgroup><default:col span="1" style="width:40%"/><default:col span="1" style="width:60%"/></default:colgroup><default:thead><default:tr><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0"><i>General earnings</i></p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0"><i>Duties that were not performed</i></p></default:th></default:tr></default:thead><default:tbody><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">General earnings to which section 221A (cancelled, moved or curtailed shift) applies</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">The duties that it is reasonable to assume would have been performed during the shift but were not performed because of the shift’s cancellation, movement or curtailment</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">General earnings to which section 402B (termination payments etc) applies</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">The duties that it is reasonable to assume would have been performed during the post-employment notice period as defined by section 402E if the employee’s employment had not been terminated until the end of that period</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">General earnings which consist of a payment in lieu of notice to which Chapter 3 of Part 6 (termination payments etc). does not apply</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">The duties that it is reasonable to assume would have been performed during the notice period if the employee’s employment had not been terminated until the end of that period</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Any other general earnings in respect of duties that an employee does not perform other than any general earnings for a period of absence from employment</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">The duties that the employee does not perform</p></default:td></default:tr></default:tbody></default:table></foreign></tblock></content></level></subsection><subsection><num>(3)</num><intro><p>Subsection <ref href="#section-23-4">(4)</ref> applies to the general earnings from an employment for a tax year if—</p></intro><level class="para1"><num>(a)</num><content><p>it is reasonable to assume that some or all of the duties that were not performed would have been performed in the United Kingdom, or</p></content></level><level class="para1"><num>(b)</num><content><p>any duties of the employment performed during that tax year are performed wholly or partly in the United Kingdom.</p></content></level></subsection><subsection><num>(4)</num><content><p>The general earnings are to be treated for the purposes of this Chapter as general earnings in respect of duties performed in the United Kingdom except in so far as, had the duties that were not performed been performed, general earnings in respect of those duties would have been general earnings for duties performed outside the United Kingdom.</p></content></subsection><subsection><num>(5)</num><content><p>If and to the extent that the general earnings are not treated for the purposes of this Chapter as general earnings in respect of duties performed in the United Kingdom, the general earnings are to be treated for the purposes of this Chapter as general earnings in respect of duties performed outside the United Kingdom.</p></content></subsection></section></quotedStructure></mod></p></content></subsection><subsection eId="section-23-5"><num>(5)</num><content><p><mod>In section 41Y (location of employment duties), in subsection (1), for “applies” substitute <quotedText>“and section 38A (earnings in respect of duties not performed) apply”</quotedText>.</mod></p></content></subsection><subsection eId="section-23-6"><num>(6)</num><content><p>In section 402B (termination awards not benefiting from threshold to be treated as earnings), omit subsection (1)(b) (and the “but” before it).</p></content></subsection><subsection eId="section-23-7"><num>(7)</num><intro><p>The amendments made by this section have effect in relation to general earnings that are, for the purposes of Chapter 4 or 5 of Part 2 of ITEPA 2003—</p></intro><level class="para1" eId="section-23-7-a"><num>(a)</num><content><p>for tax years 2026-27 and subsequent tax years, and</p></content></level><level class="para1" eId="section-23-7-b"><num>(b)</num><content><p>treated as received on or after 6 April 2026.</p></content></level></subsection></section>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-23-1"><num>(1)</num><content><p>ITEPA 2003 is amended as follows.</p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-23-2"><num>(2)</num><intro><p>In section 27 (UK-based earnings for year when employee not resident in UK)—</p></intro><level class="para1" eId="section-23-2-a"><num>(a)</num><intro><p>in subsection (1)—</p></intro><level class="para2" eId="section-23-2-a-i"><num>(i)</num><content><p><mod>at the end of paragraph (a) insert <quotedText>“that do not fall within paragraph (c)”</quotedText>;</mod></p></content></level><level class="para2" eId="section-23-2-a-ii"><num>(ii)</num><content><p><mod>at the end of paragraph (b) insert <quotedText>“that do not fall within paragraph (c)”</quotedText>;</mod></p></content></level><level class="para2" eId="section-23-2-a-iii"><num>(iii)</num><content><p><mod>at the end of paragraph (c) insert <quotedText>“and which have been reduced by a claim for relief under section 414 (reduction in other cases of foreign service)”</quotedText>;</mod></p></content></level></level><level class="para1" eId="section-23-2-b"><num>(b)</num><content><p><mod>in subsection (2), for “(1)(a) or (b)” substitute <quotedText>“(1)”</quotedText>;</mod></p></content></level><level class="para1" eId="section-23-2-c"><num>(c)</num><content><p>omit subsection (2A);</p></content></level><level class="para1" eId="section-23-2-d"><num>(d)</num><content><p><mod>in subsection (3), for “Subsections (2) and (2A) apply” substitute <quotedText>“Subsection (2) applies”</quotedText>.</mod></p></content></level></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-23-2-a"><num>(a)</num><intro><p>in subsection (1)—</p></intro><level class="para2" eId="section-23-2-a-i"><num>(i)</num><content><p><mod>at the end of paragraph (a) insert <quotedText>“that do not fall within paragraph (c)”</quotedText>;</mod></p></content></level><level class="para2" eId="section-23-2-a-ii"><num>(ii)</num><content><p><mod>at the end of paragraph (b) insert <quotedText>“that do not fall within paragraph (c)”</quotedText>;</mod></p></content></level><level class="para2" eId="section-23-2-a-iii"><num>(iii)</num><content><p><mod>at the end of paragraph (c) insert <quotedText>“and which have been reduced by a claim for relief under section 414 (reduction in other cases of foreign service)”</quotedText>;</mod></p></content></level></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para2" eId="section-23-2-a-i"><num>(i)</num><content><p><mod>at the end of paragraph (a) insert <quotedText>“that do not fall within paragraph (c)”</quotedText>;</mod></p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para2" eId="section-23-2-a-ii"><num>(ii)</num><content><p><mod>at the end of paragraph (b) insert <quotedText>“that do not fall within paragraph (c)”</quotedText>;</mod></p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para2" eId="section-23-2-a-iii"><num>(iii)</num><content><p><mod>at the end of paragraph (c) insert <quotedText>“and which have been reduced by a claim for relief under section 414 (reduction in other cases of foreign service)”</quotedText>;</mod></p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-23-2-b"><num>(b)</num><content><p><mod>in subsection (2), for “(1)(a) or (b)” substitute <quotedText>“(1)”</quotedText>;</mod></p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-23-2-c"><num>(c)</num><content><p>omit subsection (2A);</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-23-2-d"><num>(d)</num><content><p><mod>in subsection (3), for “Subsections (2) and (2A) apply” substitute <quotedText>“Subsection (2) applies”</quotedText>.</mod></p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="section-23-3"><num>(3)</num><intro><p>In section 38 (earnings for period of absence from employment)—</p></intro><level class="para1" eId="section-23-3-a"><num>(a)</num><content><p><mod>in subsection (1), for “This section” substitute <quotedText>“Subsection (2)”</quotedText>;</mod></p></content></level><level class="para1" eId="section-23-3-b"><num>(b)</num><content><p><mod>after subsection (2) insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><subsection><num>(3)</num><content><p>If and to the extent that general earnings for a period of absence from an employment are not treated for the purposes of this Chapter as general earnings in respect of duties performed in the United Kingdom, the general earnings are to be treated for the purposes of this Chapter as general earnings in respect of duties performed outside the United Kingdom.</p></content></subsection><subsection><num>(4)</num><content><p>For the purposes of this section references to “general earnings for a period of absence” do not include any general earnings to which section 221A (cancelled, moved or curtailed shift) applies (see <ref href="#d28e5138">section 38A</ref>).</p></content></subsection></quotedStructure></mod></p></content></level></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-23-3-a"><num>(a)</num><content><p><mod>in subsection (1), for “This section” substitute <quotedText>“Subsection (2)”</quotedText>;</mod></p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" class="para1" eId="section-23-3-b"><num>(b)</num><content><p><mod>after subsection (2) insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><subsection><num>(3)</num><content><p>If and to the extent that general earnings for a period of absence from an employment are not treated for the purposes of this Chapter as general earnings in respect of duties performed in the United Kingdom, the general earnings are to be treated for the purposes of this Chapter as general earnings in respect of duties performed outside the United Kingdom.</p></content></subsection><subsection><num>(4)</num><content><p>For the purposes of this section references to “general earnings for a period of absence” do not include any general earnings to which section 221A (cancelled, moved or curtailed shift) applies (see <ref href="#d28e5138">section 38A</ref>).</p></content></subsection></quotedStructure></mod></p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" xmlns:default="http://www.w3.org/1999/xhtml" eId="section-23-4"><num>(4)</num><content><p><mod>After section 38 (earnings for period of absence from employment) insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><section eId="d28e5138"><num>38A</num><heading>Earnings relating to duties not performed</heading><subsection><num>(1)</num><content><p>This section applies for determining the extent to which general earnings that relate to duties that were not performed are to be treated for the purposes of this Chapter as general earnings in respect of duties performed in the United Kingdom.</p></content></subsection><subsection><num>(2)</num><intro><p>For the purposes of this section—</p></intro><level class="para1"><num>(a)</num><content><p>“<term refersTo="#term-general-earnings">general earnings</term>” means an amount of general earnings specified in the first column of the table, and</p></content></level><level class="para1"><num>(b)</num><content><p>the “<term refersTo="#term-duties-that-were-not-performed">duties that were not performed</term>”, in relation to general earnings, means the duties specified in the corresponding entry in the second column of the table.</p><tblock class="table" ukl:Orientation="portrait"><foreign><default:table xmlns="http://www.w3.org/1999/xhtml"><default:colgroup><default:col span="1" style="width:40%"/><default:col span="1" style="width:60%"/></default:colgroup><default:thead><default:tr><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0"><i>General earnings</i></p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0"><i>Duties that were not performed</i></p></default:th></default:tr></default:thead><default:tbody><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">General earnings to which section 221A (cancelled, moved or curtailed shift) applies</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">The duties that it is reasonable to assume would have been performed during the shift but were not performed because of the shift’s cancellation, movement or curtailment</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">General earnings to which section 402B (termination payments etc) applies</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">The duties that it is reasonable to assume would have been performed during the post-employment notice period as defined by section 402E if the employee’s employment had not been terminated until the end of that period</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">General earnings which consist of a payment in lieu of notice to which Chapter 3 of Part 6 (termination payments etc). does not apply</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">The duties that it is reasonable to assume would have been performed during the notice period if the employee’s employment had not been terminated until the end of that period</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Any other general earnings in respect of duties that an employee does not perform other than any general earnings for a period of absence from employment</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">The duties that the employee does not perform</p></default:td></default:tr></default:tbody></default:table></foreign></tblock></content></level></subsection><subsection><num>(3)</num><intro><p>Subsection <ref href="#section-23-4">(4)</ref> applies to the general earnings from an employment for a tax year if—</p></intro><level class="para1"><num>(a)</num><content><p>it is reasonable to assume that some or all of the duties that were not performed would have been performed in the United Kingdom, or</p></content></level><level class="para1"><num>(b)</num><content><p>any duties of the employment performed during that tax year are performed wholly or partly in the United Kingdom.</p></content></level></subsection><subsection><num>(4)</num><content><p>The general earnings are to be treated for the purposes of this Chapter as general earnings in respect of duties performed in the United Kingdom except in so far as, had the duties that were not performed been performed, general earnings in respect of those duties would have been general earnings for duties performed outside the United Kingdom.</p></content></subsection><subsection><num>(5)</num><content><p>If and to the extent that the general earnings are not treated for the purposes of this Chapter as general earnings in respect of duties performed in the United Kingdom, the general earnings are to be treated for the purposes of this Chapter as general earnings in respect of duties performed outside the United Kingdom.</p></content></subsection></section></quotedStructure></mod></p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-23-5"><num>(5)</num><content><p><mod>In section 41Y (location of employment duties), in subsection (1), for “applies” substitute <quotedText>“and section 38A (earnings in respect of duties not performed) apply”</quotedText>.</mod></p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-23-6"><num>(6)</num><content><p>In section 402B (termination awards not benefiting from threshold to be treated as earnings), omit subsection (1)(b) (and the “but” before it).</p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-23-7"><num>(7)</num><intro><p>The amendments made by this section have effect in relation to general earnings that are, for the purposes of Chapter 4 or 5 of Part 2 of ITEPA 2003—</p></intro><level class="para1" eId="section-23-7-a"><num>(a)</num><content><p>for tax years 2026-27 and subsequent tax years, and</p></content></level><level class="para1" eId="section-23-7-b"><num>(b)</num><content><p>treated as received on or after 6 April 2026.</p></content></level></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-23-7-a"><num>(a)</num><content><p>for tax years 2026-27 and subsequent tax years, and</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-23-7-b"><num>(b)</num><content><p>treated as received on or after 6 April 2026.</p></content></level>
<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="section-24"><num>24</num><heading>Umbrella companies</heading><subsection eId="section-24-1"><num>(1)</num><content><p><ref eId="c00016" href="https://www.legislation.gov.uk/ukpga/2003/1/contents">ITEPA 2003</ref> is amended as follows.</p></content></subsection><subsection eId="section-24-2"><num>(2)</num><content><p><mod>In <ref eId="c00017" href="https://www.legislation.gov.uk/ukpga/2003/1/part/2">Part 2</ref> (employment income: charge to tax), after <ref eId="c00018" href="https://www.legislation.gov.uk/ukpga/2003/1/part/2/chapter/10">Chapter 10</ref> insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><chapter eId="d28e5300"><num>Chapter 11</num><heading>Umbrella companies</heading><section eId="d28e5308"><num>61Y</num><heading>Umbrella companies: joint and several liability</heading><subsection eId="d28e5312"><num>(1)</num><intro><p>Subsection <ref href="#d28e5354">(2)</ref> applies if—</p></intro><level class="para1"><num>(a)</num><content><p>an individual (“the worker”) personally provides services, or enters into arrangements with a view to personally providing services, to another person (“<term refersTo="#term-the-client">the client</term>”),</p></content></level><level class="para1" eId="d28e5330"><num>(b)</num><intro><p>the worker is employed by a third person (“the umbrella company”)—</p></intro><level class="para2"><num>(i)</num><content><p>that carries on a business (whether or not with a view to profit and whether or not in conjunction with any other business) of supplying labour, and</p></content></level><level class="para2" eId="d28e5342"><num>(ii)</num><content><p>that is not a company in which the worker has a material interest, and</p></content></level></level><level class="para1"><num>(c)</num><content><p>the umbrella company arrangements conditions are met.</p></content></level></subsection><subsection eId="d28e5354"><num>(2)</num><content><p>Each relevant party (see section <ref href="#d28e5566">61Z</ref>) is, along with the umbrella company, jointly and severally liable to pay any amount payable, in accordance with the PAYE provisions, by the umbrella company in relation to a qualifying umbrella company payment.</p></content></subsection><subsection eId="d28e5363"><num>(3)</num><content><p>A “<term refersTo="#term-qualifying-umbrella-company-payment">qualifying umbrella company payment</term>” means a payment made in respect of the employment of the worker to the extent that it is not in respect of the provision of services to a person other than the client.</p></content></subsection><subsection eId="d28e5372"><num>(4)</num><intro><p>The umbrella company arrangements conditions are that—</p></intro><level class="para1" eId="d28e5378"><num>(a)</num><intro><p>there is a contract between the umbrella company and—</p></intro><level class="para2"><num>(i)</num><content><p>the client, or</p></content></level><level class="para2"><num>(ii)</num><content><p>another person,</p></content></level></level><level class="para1"><num>(b)</num><intro><p>under or in consequence of the contract—</p></intro><level class="para2"><num>(i)</num><content><p>the services are provided, or</p></content></level><level class="para2"><num>(ii)</num><content><p>the umbrella company is paid, or otherwise provided with consideration, for the services, and</p></content></level></level><level class="para1" eId="d28e5414"><num>(c)</num><intro><p>if the contract is not between the umbrella company and the client—</p></intro><level class="para2" eId="d28e5420"><num>(i)</num><content><p>there is a contract between the client and another person,</p></content></level><level class="para2"><num>(ii)</num><content><p>the provision of the services or of payment or other consideration for the services is also a consequence of that other contract (whether directly or as a result of a series of contracts involving other persons).</p></content></level></level></subsection><subsection eId="d28e5432"><num>(5)</num><intro><p>For the purposes of subsection <ref href="#d28e5312">(1)</ref><ref href="#d28e5330">(b)</ref><ref href="#d28e5342">(ii)</ref>—</p></intro><level class="para1" eId="d28e5445"><num>(a)</num><intro><p>“<term refersTo="#term-material-interest">material interest</term>”, in relation to a company, means—</p></intro><level class="para2"><num>(i)</num><content><p>beneficial ownership of, or the ability to control, directly or through the medium of other companies or by any other indirect means, more than 5% of the ordinary share capital of the company,</p></content></level><level class="para2"><num>(ii)</num><content><p>possession of, or entitlement to acquire, rights entitling the holder to receive more than 5% of any distributions that may be made by the company, or</p></content></level><level class="para2"><num>(iii)</num><content><p>where the company is a close company, possession of, or entitlement to acquire, rights that would in the event of the winding up of the company, or in any other circumstances, entitle the holder to receive more than 5% of the assets that would then be available for distribution among the participators, but</p></content></level></level><level class="para1"><num>(b)</num><content><p>the worker is to be regarded as not having a material interest in a company if that interest is a result, to any extent, of any arrangements the main purpose, or one of the main purposes, of which is to secure that subsection <ref href="#d28e5354">(2)</ref> does not apply.</p></content></level></subsection><subsection><num>(6)</num><content><p>And for the purposes of subsection <ref href="#d28e5432">(5)</ref><ref href="#d28e5445">(a)</ref> “<term refersTo="#term-participator">participator</term>” has the meaning given by section 454 of CTA 2010.</p></content></subsection><subsection><num>(7)</num><intro><p>In this Chapter—</p></intro><hcontainer name="definition"><content><p>“<term refersTo="#term-arrangements">arrangements</term>” include any agreement, understanding, scheme transaction or series of transactions (whether or not legally enforceable);</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-the-client">the client</term>”, “<term refersTo="#term-the-umbrella-company">the umbrella company</term>” and “<term refersTo="#term-the-worker">the worker</term>” are to be construed in accordance with <ref href="#d28e5312">subsection (1)</ref>;</p></content></hcontainer><hcontainer name="definition"><intro><p>“<term refersTo="#term-employed">employed</term>”, in relation to an individual, does not include the individual being treated as employed as a result of any of—</p></intro><level class="para1"><num>(a)</num><content><p>Chapters 7 to 10 of this Part (deemed employment by intermediaries), or</p></content></level><level class="para1"><num>(b)</num><content><p>section 863A of ITTOIA 2005 (deemed employment of partners in limited liability partnerships),</p></content></level><wrapUp><p>and “<term refersTo="#term-employer">employer</term>” is to be construed accordingly;</p></wrapUp></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-paye-provisions">PAYE provisions</term>” means the provisions of Part 11 or PAYE regulations;</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-the-umbrella-company-arrangements-conditions">the umbrella company arrangements conditions</term>” means the conditions set out in <ref href="#d28e5372">subsection (4)</ref>.</p></content></hcontainer></subsection></section><section eId="d28e5566"><num>61Z</num><heading>Relevant parties</heading><subsection><num>(1)</num><content><p>If the contract referred to in <ref href="#d28e5372">subsection (4)</ref><ref href="#d28e5378">(a)</ref> of <ref href="#d28e5308">section 61Y</ref> is between the umbrella company and a person other than the client, the person referred to in <ref href="#d28e5372">subsection (4)</ref><ref href="#d28e5414">(c)</ref><ref href="#d28e5420">(i)</ref> of that section is a relevant party.</p></content></subsection><subsection><num>(2)</num><intro><p>The client is a relevant party if—</p></intro><level class="para1"><num>(a)</num><content><p>the contract referred to in <ref href="#d28e5372">subsection (4)</ref><ref href="#d28e5378">(a)</ref> of that section is between the umbrella company and the client, or</p></content></level><level class="para1"><num>(b)</num><intro><p>the person referred to in <ref href="#d28e5372">subsection (4)</ref><ref href="#d28e5414">(c)</ref><ref href="#d28e5420">(i)</ref> of that section—</p></intro><level class="para2"><num>(i)</num><content><p>is connected with the umbrella company, or</p></content></level><level class="para2"><num>(ii)</num><content><p>is non-UK resident.</p></content></level></level></subsection><subsection><num>(3)</num><intro><p>In a case where—</p></intro><level class="para1"><num>(a)</num><content><p>both the client and the person referred to in <ref href="#d28e5372">subsection (4)</ref><ref href="#d28e5414">(c)</ref><ref href="#d28e5420">(i)</ref> of <ref href="#d28e5308">section 61Y</ref> are non-UK resident,</p></content></level><level class="para1"><num>(b)</num><content><p>the provision of the services or payment or other consideration for the services is a consequence of a series of contracts involving other persons (other than the worker), and</p></content></level><level class="para1"><num>(c)</num><content><p>at least one of those persons is UK resident,</p></content></level><wrapUp><p>the person who is UK resident and is closest, by reference to that series of contracts, to the client is a relevant party.</p></wrapUp></subsection></section><section eId="d28e5672"><num>61Z1</num><heading>Purported umbrella companies</heading><subsection><num>(1)</num><content><p>Subsection <ref href="#d28e5854">(5)</ref> applies if any of the following cases applies.</p></content></subsection><subsection><num>(2)</num><intro><p>Case 1 is that—</p></intro><level class="para1"><num>(a)</num><content><p>a person (“the purported umbrella company”) participates in arrangements that would, if an individual were employed by the purported umbrella company, result in the umbrella company arrangements conditions being met in relation to services the individual provides to the client,</p></content></level><level class="para1"><num>(b)</num><intro><p>either—</p></intro><level class="para2"><num>(i)</num><content><p>it is reasonable to suppose that one or more participants in the arrangements, other than the purported umbrella company or the individual, would assume that the purported umbrella company is the employer of that individual, or</p></content></level><level class="para2"><num>(ii)</num><content><p>the purported umbrella company has taken any step that it is reasonable to suppose was intended to give the impression to any person (whether or not that impression is given) that the purported umbrella company is the employer of the individual,</p></content></level></level><level class="para1"><num>(c)</num><content><p>the individual is not employed by the purported umbrella company, and</p></content></level><level class="para1"><num>(d)</num><content><p>if the individual were employed by the purported umbrella company <ref href="#d28e5354">subsection (2)</ref> of <ref href="#d28e5308">section 61Y</ref> would apply.</p></content></level></subsection><subsection><num>(3)</num><intro><p>Case 2 is that—</p></intro><level class="para1"><num>(a)</num><content><p>a person (“the purported umbrella company”) participates in arrangements that would, if an individual were employed by the purported umbrella company, result in the umbrella company arrangements conditions being met in relation to services the individual provides to the client,</p></content></level><level class="para1"><num>(b)</num><content><p>the individual would, ignoring this section, be treated as employed by the purported umbrella company as a result of Chapter 7 of this Part,</p></content></level><level class="para1"><num>(c)</num><content><p>if the individual were employed by the purported umbrella company <ref href="#d28e5354">subsection (2)</ref> of <ref href="#d28e5308">section 61Y</ref> would apply,</p></content></level><level class="para1"><num>(d)</num><content><p>if it did apply accordingly, the contract referred to in <ref href="#d28e5372">subsection (4)</ref><ref href="#d28e5378">(a)</ref> of that section would be between the umbrella company and the client, and</p></content></level><level class="para1"><num>(e)</num><intro><p>the provision of the services by the individual to the client was not as a result of services having been provided to the individual in connection with finding the client with a view to the individual personally providing services to the client—</p></intro><level class="para2"><num>(i)</num><content><p>by the purported umbrella company, or</p></content></level><level class="para2"><num>(ii)</num><content><p>where the provision of services to the client is as a result of a series of contracts, by one or more of the parties to those contracts.</p></content></level></level></subsection><subsection><num>(4)</num><intro><p>Case 3 is that—</p></intro><level class="para1"><num>(a)</num><content><p>a company (“the purported umbrella company”) in which an individual has a material interest, within the meaning given by subsection <ref href="#d28e5432">(5)</ref><ref href="#d28e5445">(a)</ref> of <ref href="#d28e5308">section 61Y</ref>, participates in arrangements that would, if the company were the umbrella company, result in the umbrella company arrangements conditions being met in relation to services the individual provides to the client,</p></content></level><level class="para1"><num>(b)</num><intro><p>either—</p></intro><level class="para2"><num>(i)</num><content><p>it is reasonable to suppose that one or more participants in the arrangements, other than the purported umbrella company or the individual, would assume that a substantial proportion of amounts provided to the purported umbrella company in respect of the services will be paid to the individual as earnings, or</p></content></level><level class="para2"><num>(ii)</num><content><p>the purported umbrella company has taken any step that it is reasonable to suppose was intended to give the impression to any person (whether or not that impression is given) that a substantial proportion of amounts provided to the purported umbrella company in respect of the services will be paid to the individual as earnings,</p></content></level></level><level class="para1"><num>(c)</num><content><p>it is not the case that a substantial proportion of amounts provided to the purported umbrella company in respect of the services is paid to the individual as earnings, and</p></content></level><level class="para1"><num>(d)</num><content><p><ref href="#d28e5354">subsection (2)</ref> of <ref href="#d28e5308">section 61Y</ref> would apply if <ref href="#d28e5312">subsection (1)</ref><ref href="#d28e5330">(b)</ref><ref href="#d28e5342">(ii)</ref> of that section (requirement that the umbrella company is not a company in which the worker has a material interest) were omitted.</p></content></level></subsection><subsection eId="d28e5854"><num>(5)</num><intro><p>If this subsection applies—</p></intro><level class="para1"><num>(a)</num><content><p>the individual is to be treated for income tax purposes as holding an employment with the purported umbrella company, the duties of which consist of the services the individual provides to the client,</p></content></level><level class="para1"><num>(b)</num><content><p>all relevant remuneration is to be treated for income tax purposes as earnings from that employment,</p></content></level><level class="para1" eId="d28e5872"><num>(c)</num><intro><p>where there is any provision of relevant remuneration (by any person and to any person) that does not result (whether as a direct result of that provision, as a result of the onward provision of that remuneration or otherwise) in the payment of PAYE income of that remuneration, or any part of it, to the individual, the purported umbrella company is treated as making, and the individual is treated as receiving—</p></intro><level class="para2" eId="d28e5878"><num>(i)</num><content><p>a payment of PAYE income in the relevant amount made at the time it was provided for the purposes of the PAYE provisions, and</p></content></level><level class="para2"><num>(ii)</num><content><p>a qualifying umbrella company payment made in the relevant amount at that time for the purposes of <ref href="#d28e5308">section 61Y</ref><ref href="#d28e5363">(3)</ref>,</p></content></level></level><level class="para1"><num>(d)</num><content><p>Chapters 7 to 10 of this Part (deemed employment by intermediaries) do not apply in relation to the provision of those services,</p></content></level><level class="para1"><num>(e)</num><content><p>section 863A (deemed employment of partners in limited liability partnerships) of ITTOIA 2005 does not apply so far as it otherwise would apply in relation to the provision of those services, and</p></content></level><level class="para1"><num>(f)</num><content><p>accordingly, <ref href="#d28e5308">section 61Y</ref><ref href="#d28e5354">(2)</ref> will apply in relation to the purported umbrella company.</p></content></level></subsection><subsection><num>(6)</num><intro><p>For the purposes of subsection <ref href="#d28e5854">(5)</ref>—</p></intro><level class="para1"><num>(a)</num><content><p>in paragraph <ref href="#d28e5872">(c)</ref> the relevant amount means so much of the remuneration provided as does not result in the payment of PAYE income to the individual, and</p></content></level><level class="para1"><num>(b)</num><content><p>that paragraph only applies in relation to the initial provision of an amount of relevant remuneration (and not to any subsequent onward provision of that same amount).</p></content></level></subsection><subsection eId="d28e5942"><num>(7)</num><intro><p>If subsection <ref href="#d28e5854">(5)</ref> would, ignoring this subsection, apply in relation to more than one purported umbrella company in relation to services the individual provides to the client, that subsection only applies in relation to the purported umbrella company that—</p></intro><level class="para1"><num>(a)</num><content><p>is a person to whom PAYE regulations apply and is closest to the individual, by reference to the contract or series of contracts resulting in the provision of those services, or</p></content></level><level class="para1"><num>(b)</num><content><p>if none of the purported umbrella companies is a person to whom PAYE regulations apply, is closest to the individual by reference to that contract or those contracts.</p></content></level></subsection><subsection><num>(8)</num><intro><p>Where subsection <ref href="#d28e5854">(5)</ref> applies and there is a person who is an umbrella company in relation to the services the individual provides to the client, that subsection has effect as if—</p></intro><level class="para1"><num>(a)</num><content><p>paragraph (a) were omitted,</p></content></level><level class="para1"><num>(b)</num><content><p>in paragraph (b), the reference to that employment were to the employment of the individual by the umbrella company,</p></content></level><level class="para1"><num>(c)</num><content><p>in paragraph (c), the reference to the purported umbrella company were to the umbrella company, and</p></content></level><level class="para1"><num>(d)</num><content><p>paragraph (f) were omitted.</p></content></level></subsection><subsection eId="d28e5996"><num>(9)</num><intro><p>Subsection <ref href="#d28e6026">(10)</ref> applies where subsection <ref href="#d28e5854">(5)</ref> applies and there is more than one person who—</p></intro><level class="para1" eId="d28e6008"><num>(a)</num><content><p>is an umbrella company in relation to services the individual provides to the client, or</p></content></level><level class="para1" eId="d28e6014"><num>(b)</num><content><p>is a purported umbrella company in relation to those services (including a purported umbrella company in relation to which subsection <ref href="#d28e5854">(5)</ref> does not apply as a result of subsection <ref href="#d28e5942">(7)</ref>).</p></content></level></subsection><subsection eId="d28e6026"><num>(10)</num><content><p>Where this subsection applies, each of the persons falling within paragraphs <ref href="#d28e6008">(a)</ref> or <ref href="#d28e6014">(b)</ref> of subsection <ref href="#d28e5996">(9)</ref> is (to the extent this would not otherwise be the case) jointly and severally liable to pay any amount payable, in accordance with the PAYE provisions, in relation to the relevant remuneration.</p></content></subsection><subsection><num>(11)</num><intro><p>For the purposes of this section “<term refersTo="#term-relevant-remuneration">relevant remuneration</term>” means—</p></intro><level class="para1"><num>(a)</num><content><p>all remuneration receivable by the individual (from any person) in consequence of providing the services, and</p></content></level><level class="para1"><num>(b)</num><content><p>any other amount that it is just and reasonable to attribute to provision of the services by the individual (for example, any amounts that would form part of any deemed direct employment payment or deemed direct payment if any of Chapters 8, 9 or 10 of this Part applied).</p></content></level></subsection></section><section><num>61Z2</num><heading>Disclosures to liable persons</heading><subsection><num>(1)</num><content><p>Subsection <ref href="#d28e6078">(2)</ref> applies where an officer of Revenue and Customs considers that a person is, or may be, jointly and severally liable to pay an amount as a result of this Chapter.</p></content></subsection><subsection eId="d28e6078"><num>(2)</num><intro><p>The officer may at any time disclose to the person such information as the officer considers appropriate (whether or not such a disclosure would otherwise be permitted under section 18(2)(a) of CRCA 2005 or any other enactment) for the purposes of informing the person about that liability (“the joint liability”) including—</p></intro><level class="para1"><num>(a)</num><content><p>the identity of any person who is an umbrella company, a purported umbrella company or the worker in relation to the arrangements to which the joint liability relates, and</p></content></level><level class="para1"><num>(b)</num><content><p>information about the nature and extent of the liability of an umbrella company or a purported umbrella company that (by virtue of this Chapter) results, or may result, in the joint liability.</p></content></level></subsection><subsection eId="d28e6096"><num>(3)</num><content><p>Information disclosed in reliance on subsection <ref href="#d28e6078">(2)</ref> may not be further disclosed without the consent of the Commissioners for His Majesty’s Revenue and Customs (which may be general or specific).</p></content></subsection><subsection><num>(4)</num><intro><p>Where a person contravenes subsection <ref href="#d28e6096">(3)</ref> by disclosing information relating to a person whose identity—</p></intro><level class="para1"><num>(a)</num><content><p>is specified in the disclosure, or</p></content></level><level class="para1"><num>(b)</num><content><p>can be deduced from it,</p></content></level><wrapUp><p>section 19 of CRCA 2005 (offence of wrongful disclosure) applies in relation to the disclosure as it applies in relation to a disclosure in contravention of section 20(9) of that Act.</p></wrapUp></subsection><subsection><num>(5)</num><content><p>In this section “<term refersTo="#term-crca-2005">CRCA 2005</term>” means the Commissioners for Revenue and Customs Act 2005.</p></content></subsection></section></chapter></quotedStructure></mod></p></content></subsection><subsection eId="section-24-3"><num>(3)</num><intro><p>In section 7 (meaning of employment income etc), in subsection (5)(a)—</p></intro><level class="para1" eId="section-24-3-a"><num>(a)</num><content><p><mod>for “10” substitute <quotedText>“11”</quotedText>, and</mod></p></content></level><level class="para1" eId="section-24-3-b"><num>(b)</num><content><p>omit “and”, and</p></content></level><level class="para1" eId="section-24-3-c"><num>(c)</num><content><p><mod>after “companies” insert <quotedText>“and purported umbrella companies”</quotedText>.</mod></p></content></level></subsection><subsection eId="section-24-4"><num>(4)</num><intro><p>In <ref eId="c00019" href="https://www.legislation.gov.uk/ukpga/2003/1/section/44">section 44</ref> (treatment of workers supplied by agencies)—</p></intro><level class="para1" eId="section-24-4-a"><num>(a)</num><content><p>in <ref eId="c00020" href="https://www.legislation.gov.uk/ukpga/2003/1/section/44">subsection (4)</ref>, omit <ref eId="c00021" href="https://www.legislation.gov.uk/ukpga/2003/1/section/44">paragraph (b)</ref> (and the “or” before it),</p></content></level><level class="para1" eId="section-24-4-b"><num>(b)</num><content><p>in <ref eId="c00022" href="https://www.legislation.gov.uk/ukpga/2003/1/section/44">subsection (5)</ref><ref eId="c00023" href="https://www.legislation.gov.uk/ukpga/2003/1/section/44">(b)</ref>, omit “or (as the case may be) with the relevant person”, and</p></content></level><level class="para1" eId="section-24-4-c"><num>(c)</num><content><p>omit <ref eId="c00024" href="https://www.legislation.gov.uk/ukpga/2003/1/section/44">subsection (6)</ref>.</p></content></level></subsection><subsection eId="section-24-5"><num>(5)</num><content><p><mod>In <ref eId="c00025" href="https://www.legislation.gov.uk/ukpga/2003/1/section/61V">section 61V</ref> (consequences of providing fraudulent information), after <ref eId="c00026" href="https://www.legislation.gov.uk/ukpga/2003/1/section/61V">subsection (4)</ref> insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><subsection><num>(4A)</num><content><p>But where the fraudulent documentation condition would (ignoring this subsection) be met as a result of the provision of a fraudulent document intended to constitute evidence that <ref href="#d28e5308">section 61Y</ref> (umbrella companies) applies in relation to the services provided by the worker, that condition is to be treated as not met.</p></content></subsection></quotedStructure></mod></p></content></subsection><subsection eId="section-24-6"><num>(6)</num><content><p><mod>In <ref eId="c00027" href="https://www.legislation.gov.uk/ukpga/2003/1/section/684">section 684</ref><ref eId="c00028" href="https://www.legislation.gov.uk/ukpga/2003/1/section/684">(2)</ref> (PAYE regulations), in the list of provisions, after item 7 insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><blockList class="ordered arabic period" ukl:Name="OrderedList" ukl:Type="arabic" ukl:Decoration="period"><item><num>7ZA.</num><p>Provision in connection with the recovery of amounts to which a person is jointly and severally liable as a result of <ref href="#d28e5300">Chapter 11</ref> of Part 2 (umbrella companies).</p></item></blockList></quotedStructure></mod></p></content></subsection><subsection eId="section-24-7"><num>(7)</num><content><p><mod>In section 689(4) (employee of non-UK employer), after “sections” insert <quotedText>“<ref href="#d28e5672">61Z1</ref><ref href="#d28e5854">(5)</ref><ref href="#d28e5872">(c)</ref><ref href="#d28e5878">(i)</ref>,”</quotedText>.</mod></p></content></subsection><subsection eId="section-24-8"><num>(8)</num><intro><p>In <ref eId="c00029" href="https://www.legislation.gov.uk/ukpga/2003/1/section/716B">section 716B</ref> (employment intermediaries to keep, preserve and provide information etc)—</p></intro><level class="para1" eId="section-24-8-a"><num>(a)</num><intro><p>in <ref eId="c00030" href="https://www.legislation.gov.uk/ukpga/2003/1/section/716B">subsection (1)</ref>—</p></intro><level class="para2" eId="section-24-8-a-i"><num>(i)</num><content><p>omit “of Part 2”, and</p></content></level><level class="para2" eId="section-24-8-a-ii"><num>(ii)</num><content><p><mod>after “agencies)” insert <quotedText>“or <ref href="#d28e5300">11</ref> (umbrella companies) of Part 2”</quotedText>, and</mod></p></content></level></level><level class="para1" eId="section-24-8-b"><num>(b)</num><intro><p>in subsection (2), in the words before paragraph (a)—</p></intro><level class="para2" eId="section-24-8-b-i"><num>(i)</num><content><p><mod>after “person” insert <quotedText>“(other than an individual mentioned in paragraph (a) or (b))”</quotedText>, and</mod></p></content></level><level class="para2" eId="section-24-8-b-ii"><num>(ii)</num><content><p><mod>after “makes” insert <quotedText>“or participates in”</quotedText>.</mod></p></content></level></level></subsection><subsection eId="section-24-9"><num>(9)</num><intro><p>In regulation 69 of the <ref eId="c00031" href="https://www.legislation.gov.uk/uksi/2003/2682/contents">Income Tax (Pay As You Earn) Regulations 2003</ref>, in paragraph (1A)—</p></intro><level class="para1" eId="section-24-9-a"><num>(a)</num><content><p>the words from “any amount” to the end become sub-paragraph (a),</p></content></level><level class="para1" eId="section-24-9-b"><num>(b)</num><content><p>in that sub-paragraph, omit the words from “whether” to the end, and</p></content></level><level class="para1" eId="section-24-9-c"><num>(c)</num><content><p><mod>after that sub-paragraph insert <quotedText startQuote="“">, and</quotedText><quotedStructure endQuote="”" uk:context="body" uk:docName="uksi" ukl:TargetClass="secondary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="default"><level class="para1"><num>(b)</num><content><p>any amount the employer must account for under regulation 62(5) (notional payments) in respect of notional payments made by the employer during the tax period,</p></content></level><p>whether or not those amounts were included in any return under regulation 67B (real time returns of information about relevant payments) or 67D (exceptions to regulation 67B).</p></quotedStructure></mod></p></content></level></subsection><subsection eId="section-24-10"><num>(10)</num><content><p><mod>In <ref eId="c00032" href="https://www.legislation.gov.uk/uksi/2003/2682/regulation/80">regulation 80</ref> of those Regulations (determination of unpaid tax and appeal against determination), after <ref eId="c00033" href="https://www.legislation.gov.uk/uksi/2003/2682/regulation/80">paragraph (5)</ref> insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="uksi" ukl:TargetClass="secondary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><paragraph><num>(5A)</num><intro><p>Where a person is jointly and severally liable to pay an amount as a result of Chapter 11 of Part 2 of ITEPA 2003 (umbrella companies)—</p></intro><level class="para1"><num>(a)</num><content><p>this regulation applies to that amount as it applies to an amount of tax payable by an employer (and the references to “the employer” in paragraphs (2) and (5)(b) are to be read accordingly),</p></content></level><level class="para1"><num>(b)</num><intro><p>in cases that operate by reference to a determination made, or that may be made, under this regulation in relation to the person, the references to “the employer” in the following provisions are to be treated as references to the person—</p></intro><level class="para2"><num>(i)</num><content><p>regulation 81(4) (employee liability if tax unpaid after regulation 80 determination), and</p></content></level><level class="para2"><num>(ii)</num><content><p>regulation 97P(1) (persons from whom security for PAYE can be required), and</p></content></level></level><level class="para1"><num>(c)</num><content><p>the references to “the employer” in regulation 72E(6) and regulation 72F (recovery from employee of tax that has been self-assessed etc.) are to be treated as references to the person for the purposes of making a direction under section 72F in relation to the person.</p></content></level></paragraph></quotedStructure></mod></p></content></subsection><subsection eId="section-24-11"><num>(11)</num><content><p>The amendments made by this section have effect in relation to payments made on or after 6 April 2026.</p></content></subsection></section>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-24-1"><num>(1)</num><content><p><ref eId="c00016" href="https://www.legislation.gov.uk/ukpga/2003/1/contents">ITEPA 2003</ref> is amended as follows.</p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="section-24-2"><num>(2)</num><content><p><mod>In <ref eId="c00017" href="https://www.legislation.gov.uk/ukpga/2003/1/part/2">Part 2</ref> (employment income: charge to tax), after <ref eId="c00018" href="https://www.legislation.gov.uk/ukpga/2003/1/part/2/chapter/10">Chapter 10</ref> insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><chapter eId="d28e5300"><num>Chapter 11</num><heading>Umbrella companies</heading><section eId="d28e5308"><num>61Y</num><heading>Umbrella companies: joint and several liability</heading><subsection eId="d28e5312"><num>(1)</num><intro><p>Subsection <ref href="#d28e5354">(2)</ref> applies if—</p></intro><level class="para1"><num>(a)</num><content><p>an individual (“the worker”) personally provides services, or enters into arrangements with a view to personally providing services, to another person (“<term refersTo="#term-the-client">the client</term>”),</p></content></level><level class="para1" eId="d28e5330"><num>(b)</num><intro><p>the worker is employed by a third person (“the umbrella company”)—</p></intro><level class="para2"><num>(i)</num><content><p>that carries on a business (whether or not with a view to profit and whether or not in conjunction with any other business) of supplying labour, and</p></content></level><level class="para2" eId="d28e5342"><num>(ii)</num><content><p>that is not a company in which the worker has a material interest, and</p></content></level></level><level class="para1"><num>(c)</num><content><p>the umbrella company arrangements conditions are met.</p></content></level></subsection><subsection eId="d28e5354"><num>(2)</num><content><p>Each relevant party (see section <ref href="#d28e5566">61Z</ref>) is, along with the umbrella company, jointly and severally liable to pay any amount payable, in accordance with the PAYE provisions, by the umbrella company in relation to a qualifying umbrella company payment.</p></content></subsection><subsection eId="d28e5363"><num>(3)</num><content><p>A “<term refersTo="#term-qualifying-umbrella-company-payment">qualifying umbrella company payment</term>” means a payment made in respect of the employment of the worker to the extent that it is not in respect of the provision of services to a person other than the client.</p></content></subsection><subsection eId="d28e5372"><num>(4)</num><intro><p>The umbrella company arrangements conditions are that—</p></intro><level class="para1" eId="d28e5378"><num>(a)</num><intro><p>there is a contract between the umbrella company and—</p></intro><level class="para2"><num>(i)</num><content><p>the client, or</p></content></level><level class="para2"><num>(ii)</num><content><p>another person,</p></content></level></level><level class="para1"><num>(b)</num><intro><p>under or in consequence of the contract—</p></intro><level class="para2"><num>(i)</num><content><p>the services are provided, or</p></content></level><level class="para2"><num>(ii)</num><content><p>the umbrella company is paid, or otherwise provided with consideration, for the services, and</p></content></level></level><level class="para1" eId="d28e5414"><num>(c)</num><intro><p>if the contract is not between the umbrella company and the client—</p></intro><level class="para2" eId="d28e5420"><num>(i)</num><content><p>there is a contract between the client and another person,</p></content></level><level class="para2"><num>(ii)</num><content><p>the provision of the services or of payment or other consideration for the services is also a consequence of that other contract (whether directly or as a result of a series of contracts involving other persons).</p></content></level></level></subsection><subsection eId="d28e5432"><num>(5)</num><intro><p>For the purposes of subsection <ref href="#d28e5312">(1)</ref><ref href="#d28e5330">(b)</ref><ref href="#d28e5342">(ii)</ref>—</p></intro><level class="para1" eId="d28e5445"><num>(a)</num><intro><p>“<term refersTo="#term-material-interest">material interest</term>”, in relation to a company, means—</p></intro><level class="para2"><num>(i)</num><content><p>beneficial ownership of, or the ability to control, directly or through the medium of other companies or by any other indirect means, more than 5% of the ordinary share capital of the company,</p></content></level><level class="para2"><num>(ii)</num><content><p>possession of, or entitlement to acquire, rights entitling the holder to receive more than 5% of any distributions that may be made by the company, or</p></content></level><level class="para2"><num>(iii)</num><content><p>where the company is a close company, possession of, or entitlement to acquire, rights that would in the event of the winding up of the company, or in any other circumstances, entitle the holder to receive more than 5% of the assets that would then be available for distribution among the participators, but</p></content></level></level><level class="para1"><num>(b)</num><content><p>the worker is to be regarded as not having a material interest in a company if that interest is a result, to any extent, of any arrangements the main purpose, or one of the main purposes, of which is to secure that subsection <ref href="#d28e5354">(2)</ref> does not apply.</p></content></level></subsection><subsection><num>(6)</num><content><p>And for the purposes of subsection <ref href="#d28e5432">(5)</ref><ref href="#d28e5445">(a)</ref> “<term refersTo="#term-participator">participator</term>” has the meaning given by section 454 of CTA 2010.</p></content></subsection><subsection><num>(7)</num><intro><p>In this Chapter—</p></intro><hcontainer name="definition"><content><p>“<term refersTo="#term-arrangements">arrangements</term>” include any agreement, understanding, scheme transaction or series of transactions (whether or not legally enforceable);</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-the-client">the client</term>”, “<term refersTo="#term-the-umbrella-company">the umbrella company</term>” and “<term refersTo="#term-the-worker">the worker</term>” are to be construed in accordance with <ref href="#d28e5312">subsection (1)</ref>;</p></content></hcontainer><hcontainer name="definition"><intro><p>“<term refersTo="#term-employed">employed</term>”, in relation to an individual, does not include the individual being treated as employed as a result of any of—</p></intro><level class="para1"><num>(a)</num><content><p>Chapters 7 to 10 of this Part (deemed employment by intermediaries), or</p></content></level><level class="para1"><num>(b)</num><content><p>section 863A of ITTOIA 2005 (deemed employment of partners in limited liability partnerships),</p></content></level><wrapUp><p>and “<term refersTo="#term-employer">employer</term>” is to be construed accordingly;</p></wrapUp></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-paye-provisions">PAYE provisions</term>” means the provisions of Part 11 or PAYE regulations;</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-the-umbrella-company-arrangements-conditions">the umbrella company arrangements conditions</term>” means the conditions set out in <ref href="#d28e5372">subsection (4)</ref>.</p></content></hcontainer></subsection></section><section eId="d28e5566"><num>61Z</num><heading>Relevant parties</heading><subsection><num>(1)</num><content><p>If the contract referred to in <ref href="#d28e5372">subsection (4)</ref><ref href="#d28e5378">(a)</ref> of <ref href="#d28e5308">section 61Y</ref> is between the umbrella company and a person other than the client, the person referred to in <ref href="#d28e5372">subsection (4)</ref><ref href="#d28e5414">(c)</ref><ref href="#d28e5420">(i)</ref> of that section is a relevant party.</p></content></subsection><subsection><num>(2)</num><intro><p>The client is a relevant party if—</p></intro><level class="para1"><num>(a)</num><content><p>the contract referred to in <ref href="#d28e5372">subsection (4)</ref><ref href="#d28e5378">(a)</ref> of that section is between the umbrella company and the client, or</p></content></level><level class="para1"><num>(b)</num><intro><p>the person referred to in <ref href="#d28e5372">subsection (4)</ref><ref href="#d28e5414">(c)</ref><ref href="#d28e5420">(i)</ref> of that section—</p></intro><level class="para2"><num>(i)</num><content><p>is connected with the umbrella company, or</p></content></level><level class="para2"><num>(ii)</num><content><p>is non-UK resident.</p></content></level></level></subsection><subsection><num>(3)</num><intro><p>In a case where—</p></intro><level class="para1"><num>(a)</num><content><p>both the client and the person referred to in <ref href="#d28e5372">subsection (4)</ref><ref href="#d28e5414">(c)</ref><ref href="#d28e5420">(i)</ref> of <ref href="#d28e5308">section 61Y</ref> are non-UK resident,</p></content></level><level class="para1"><num>(b)</num><content><p>the provision of the services or payment or other consideration for the services is a consequence of a series of contracts involving other persons (other than the worker), and</p></content></level><level class="para1"><num>(c)</num><content><p>at least one of those persons is UK resident,</p></content></level><wrapUp><p>the person who is UK resident and is closest, by reference to that series of contracts, to the client is a relevant party.</p></wrapUp></subsection></section><section eId="d28e5672"><num>61Z1</num><heading>Purported umbrella companies</heading><subsection><num>(1)</num><content><p>Subsection <ref href="#d28e5854">(5)</ref> applies if any of the following cases applies.</p></content></subsection><subsection><num>(2)</num><intro><p>Case 1 is that—</p></intro><level class="para1"><num>(a)</num><content><p>a person (“the purported umbrella company”) participates in arrangements that would, if an individual were employed by the purported umbrella company, result in the umbrella company arrangements conditions being met in relation to services the individual provides to the client,</p></content></level><level class="para1"><num>(b)</num><intro><p>either—</p></intro><level class="para2"><num>(i)</num><content><p>it is reasonable to suppose that one or more participants in the arrangements, other than the purported umbrella company or the individual, would assume that the purported umbrella company is the employer of that individual, or</p></content></level><level class="para2"><num>(ii)</num><content><p>the purported umbrella company has taken any step that it is reasonable to suppose was intended to give the impression to any person (whether or not that impression is given) that the purported umbrella company is the employer of the individual,</p></content></level></level><level class="para1"><num>(c)</num><content><p>the individual is not employed by the purported umbrella company, and</p></content></level><level class="para1"><num>(d)</num><content><p>if the individual were employed by the purported umbrella company <ref href="#d28e5354">subsection (2)</ref> of <ref href="#d28e5308">section 61Y</ref> would apply.</p></content></level></subsection><subsection><num>(3)</num><intro><p>Case 2 is that—</p></intro><level class="para1"><num>(a)</num><content><p>a person (“the purported umbrella company”) participates in arrangements that would, if an individual were employed by the purported umbrella company, result in the umbrella company arrangements conditions being met in relation to services the individual provides to the client,</p></content></level><level class="para1"><num>(b)</num><content><p>the individual would, ignoring this section, be treated as employed by the purported umbrella company as a result of Chapter 7 of this Part,</p></content></level><level class="para1"><num>(c)</num><content><p>if the individual were employed by the purported umbrella company <ref href="#d28e5354">subsection (2)</ref> of <ref href="#d28e5308">section 61Y</ref> would apply,</p></content></level><level class="para1"><num>(d)</num><content><p>if it did apply accordingly, the contract referred to in <ref href="#d28e5372">subsection (4)</ref><ref href="#d28e5378">(a)</ref> of that section would be between the umbrella company and the client, and</p></content></level><level class="para1"><num>(e)</num><intro><p>the provision of the services by the individual to the client was not as a result of services having been provided to the individual in connection with finding the client with a view to the individual personally providing services to the client—</p></intro><level class="para2"><num>(i)</num><content><p>by the purported umbrella company, or</p></content></level><level class="para2"><num>(ii)</num><content><p>where the provision of services to the client is as a result of a series of contracts, by one or more of the parties to those contracts.</p></content></level></level></subsection><subsection><num>(4)</num><intro><p>Case 3 is that—</p></intro><level class="para1"><num>(a)</num><content><p>a company (“the purported umbrella company”) in which an individual has a material interest, within the meaning given by subsection <ref href="#d28e5432">(5)</ref><ref href="#d28e5445">(a)</ref> of <ref href="#d28e5308">section 61Y</ref>, participates in arrangements that would, if the company were the umbrella company, result in the umbrella company arrangements conditions being met in relation to services the individual provides to the client,</p></content></level><level class="para1"><num>(b)</num><intro><p>either—</p></intro><level class="para2"><num>(i)</num><content><p>it is reasonable to suppose that one or more participants in the arrangements, other than the purported umbrella company or the individual, would assume that a substantial proportion of amounts provided to the purported umbrella company in respect of the services will be paid to the individual as earnings, or</p></content></level><level class="para2"><num>(ii)</num><content><p>the purported umbrella company has taken any step that it is reasonable to suppose was intended to give the impression to any person (whether or not that impression is given) that a substantial proportion of amounts provided to the purported umbrella company in respect of the services will be paid to the individual as earnings,</p></content></level></level><level class="para1"><num>(c)</num><content><p>it is not the case that a substantial proportion of amounts provided to the purported umbrella company in respect of the services is paid to the individual as earnings, and</p></content></level><level class="para1"><num>(d)</num><content><p><ref href="#d28e5354">subsection (2)</ref> of <ref href="#d28e5308">section 61Y</ref> would apply if <ref href="#d28e5312">subsection (1)</ref><ref href="#d28e5330">(b)</ref><ref href="#d28e5342">(ii)</ref> of that section (requirement that the umbrella company is not a company in which the worker has a material interest) were omitted.</p></content></level></subsection><subsection eId="d28e5854"><num>(5)</num><intro><p>If this subsection applies—</p></intro><level class="para1"><num>(a)</num><content><p>the individual is to be treated for income tax purposes as holding an employment with the purported umbrella company, the duties of which consist of the services the individual provides to the client,</p></content></level><level class="para1"><num>(b)</num><content><p>all relevant remuneration is to be treated for income tax purposes as earnings from that employment,</p></content></level><level class="para1" eId="d28e5872"><num>(c)</num><intro><p>where there is any provision of relevant remuneration (by any person and to any person) that does not result (whether as a direct result of that provision, as a result of the onward provision of that remuneration or otherwise) in the payment of PAYE income of that remuneration, or any part of it, to the individual, the purported umbrella company is treated as making, and the individual is treated as receiving—</p></intro><level class="para2" eId="d28e5878"><num>(i)</num><content><p>a payment of PAYE income in the relevant amount made at the time it was provided for the purposes of the PAYE provisions, and</p></content></level><level class="para2"><num>(ii)</num><content><p>a qualifying umbrella company payment made in the relevant amount at that time for the purposes of <ref href="#d28e5308">section 61Y</ref><ref href="#d28e5363">(3)</ref>,</p></content></level></level><level class="para1"><num>(d)</num><content><p>Chapters 7 to 10 of this Part (deemed employment by intermediaries) do not apply in relation to the provision of those services,</p></content></level><level class="para1"><num>(e)</num><content><p>section 863A (deemed employment of partners in limited liability partnerships) of ITTOIA 2005 does not apply so far as it otherwise would apply in relation to the provision of those services, and</p></content></level><level class="para1"><num>(f)</num><content><p>accordingly, <ref href="#d28e5308">section 61Y</ref><ref href="#d28e5354">(2)</ref> will apply in relation to the purported umbrella company.</p></content></level></subsection><subsection><num>(6)</num><intro><p>For the purposes of subsection <ref href="#d28e5854">(5)</ref>—</p></intro><level class="para1"><num>(a)</num><content><p>in paragraph <ref href="#d28e5872">(c)</ref> the relevant amount means so much of the remuneration provided as does not result in the payment of PAYE income to the individual, and</p></content></level><level class="para1"><num>(b)</num><content><p>that paragraph only applies in relation to the initial provision of an amount of relevant remuneration (and not to any subsequent onward provision of that same amount).</p></content></level></subsection><subsection eId="d28e5942"><num>(7)</num><intro><p>If subsection <ref href="#d28e5854">(5)</ref> would, ignoring this subsection, apply in relation to more than one purported umbrella company in relation to services the individual provides to the client, that subsection only applies in relation to the purported umbrella company that—</p></intro><level class="para1"><num>(a)</num><content><p>is a person to whom PAYE regulations apply and is closest to the individual, by reference to the contract or series of contracts resulting in the provision of those services, or</p></content></level><level class="para1"><num>(b)</num><content><p>if none of the purported umbrella companies is a person to whom PAYE regulations apply, is closest to the individual by reference to that contract or those contracts.</p></content></level></subsection><subsection><num>(8)</num><intro><p>Where subsection <ref href="#d28e5854">(5)</ref> applies and there is a person who is an umbrella company in relation to the services the individual provides to the client, that subsection has effect as if—</p></intro><level class="para1"><num>(a)</num><content><p>paragraph (a) were omitted,</p></content></level><level class="para1"><num>(b)</num><content><p>in paragraph (b), the reference to that employment were to the employment of the individual by the umbrella company,</p></content></level><level class="para1"><num>(c)</num><content><p>in paragraph (c), the reference to the purported umbrella company were to the umbrella company, and</p></content></level><level class="para1"><num>(d)</num><content><p>paragraph (f) were omitted.</p></content></level></subsection><subsection eId="d28e5996"><num>(9)</num><intro><p>Subsection <ref href="#d28e6026">(10)</ref> applies where subsection <ref href="#d28e5854">(5)</ref> applies and there is more than one person who—</p></intro><level class="para1" eId="d28e6008"><num>(a)</num><content><p>is an umbrella company in relation to services the individual provides to the client, or</p></content></level><level class="para1" eId="d28e6014"><num>(b)</num><content><p>is a purported umbrella company in relation to those services (including a purported umbrella company in relation to which subsection <ref href="#d28e5854">(5)</ref> does not apply as a result of subsection <ref href="#d28e5942">(7)</ref>).</p></content></level></subsection><subsection eId="d28e6026"><num>(10)</num><content><p>Where this subsection applies, each of the persons falling within paragraphs <ref href="#d28e6008">(a)</ref> or <ref href="#d28e6014">(b)</ref> of subsection <ref href="#d28e5996">(9)</ref> is (to the extent this would not otherwise be the case) jointly and severally liable to pay any amount payable, in accordance with the PAYE provisions, in relation to the relevant remuneration.</p></content></subsection><subsection><num>(11)</num><intro><p>For the purposes of this section “<term refersTo="#term-relevant-remuneration">relevant remuneration</term>” means—</p></intro><level class="para1"><num>(a)</num><content><p>all remuneration receivable by the individual (from any person) in consequence of providing the services, and</p></content></level><level class="para1"><num>(b)</num><content><p>any other amount that it is just and reasonable to attribute to provision of the services by the individual (for example, any amounts that would form part of any deemed direct employment payment or deemed direct payment if any of Chapters 8, 9 or 10 of this Part applied).</p></content></level></subsection></section><section><num>61Z2</num><heading>Disclosures to liable persons</heading><subsection><num>(1)</num><content><p>Subsection <ref href="#d28e6078">(2)</ref> applies where an officer of Revenue and Customs considers that a person is, or may be, jointly and severally liable to pay an amount as a result of this Chapter.</p></content></subsection><subsection eId="d28e6078"><num>(2)</num><intro><p>The officer may at any time disclose to the person such information as the officer considers appropriate (whether or not such a disclosure would otherwise be permitted under section 18(2)(a) of CRCA 2005 or any other enactment) for the purposes of informing the person about that liability (“the joint liability”) including—</p></intro><level class="para1"><num>(a)</num><content><p>the identity of any person who is an umbrella company, a purported umbrella company or the worker in relation to the arrangements to which the joint liability relates, and</p></content></level><level class="para1"><num>(b)</num><content><p>information about the nature and extent of the liability of an umbrella company or a purported umbrella company that (by virtue of this Chapter) results, or may result, in the joint liability.</p></content></level></subsection><subsection eId="d28e6096"><num>(3)</num><content><p>Information disclosed in reliance on subsection <ref href="#d28e6078">(2)</ref> may not be further disclosed without the consent of the Commissioners for His Majesty’s Revenue and Customs (which may be general or specific).</p></content></subsection><subsection><num>(4)</num><intro><p>Where a person contravenes subsection <ref href="#d28e6096">(3)</ref> by disclosing information relating to a person whose identity—</p></intro><level class="para1"><num>(a)</num><content><p>is specified in the disclosure, or</p></content></level><level class="para1"><num>(b)</num><content><p>can be deduced from it,</p></content></level><wrapUp><p>section 19 of CRCA 2005 (offence of wrongful disclosure) applies in relation to the disclosure as it applies in relation to a disclosure in contravention of section 20(9) of that Act.</p></wrapUp></subsection><subsection><num>(5)</num><content><p>In this section “<term refersTo="#term-crca-2005">CRCA 2005</term>” means the Commissioners for Revenue and Customs Act 2005.</p></content></subsection></section></chapter></quotedStructure></mod></p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-24-3"><num>(3)</num><intro><p>In section 7 (meaning of employment income etc), in subsection (5)(a)—</p></intro><level class="para1" eId="section-24-3-a"><num>(a)</num><content><p><mod>for “10” substitute <quotedText>“11”</quotedText>, and</mod></p></content></level><level class="para1" eId="section-24-3-b"><num>(b)</num><content><p>omit “and”, and</p></content></level><level class="para1" eId="section-24-3-c"><num>(c)</num><content><p><mod>after “companies” insert <quotedText>“and purported umbrella companies”</quotedText>.</mod></p></content></level></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-24-3-a"><num>(a)</num><content><p><mod>for “10” substitute <quotedText>“11”</quotedText>, and</mod></p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-24-3-b"><num>(b)</num><content><p>omit “and”, and</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-24-3-c"><num>(c)</num><content><p><mod>after “companies” insert <quotedText>“and purported umbrella companies”</quotedText>.</mod></p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-24-4"><num>(4)</num><intro><p>In <ref eId="c00019" href="https://www.legislation.gov.uk/ukpga/2003/1/section/44">section 44</ref> (treatment of workers supplied by agencies)—</p></intro><level class="para1" eId="section-24-4-a"><num>(a)</num><content><p>in <ref eId="c00020" href="https://www.legislation.gov.uk/ukpga/2003/1/section/44">subsection (4)</ref>, omit <ref eId="c00021" href="https://www.legislation.gov.uk/ukpga/2003/1/section/44">paragraph (b)</ref> (and the “or” before it),</p></content></level><level class="para1" eId="section-24-4-b"><num>(b)</num><content><p>in <ref eId="c00022" href="https://www.legislation.gov.uk/ukpga/2003/1/section/44">subsection (5)</ref><ref eId="c00023" href="https://www.legislation.gov.uk/ukpga/2003/1/section/44">(b)</ref>, omit “or (as the case may be) with the relevant person”, and</p></content></level><level class="para1" eId="section-24-4-c"><num>(c)</num><content><p>omit <ref eId="c00024" href="https://www.legislation.gov.uk/ukpga/2003/1/section/44">subsection (6)</ref>.</p></content></level></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-24-4-a"><num>(a)</num><content><p>in <ref eId="c00020" href="https://www.legislation.gov.uk/ukpga/2003/1/section/44">subsection (4)</ref>, omit <ref eId="c00021" href="https://www.legislation.gov.uk/ukpga/2003/1/section/44">paragraph (b)</ref> (and the “or” before it),</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-24-4-b"><num>(b)</num><content><p>in <ref eId="c00022" href="https://www.legislation.gov.uk/ukpga/2003/1/section/44">subsection (5)</ref><ref eId="c00023" href="https://www.legislation.gov.uk/ukpga/2003/1/section/44">(b)</ref>, omit “or (as the case may be) with the relevant person”, and</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-24-4-c"><num>(c)</num><content><p>omit <ref eId="c00024" href="https://www.legislation.gov.uk/ukpga/2003/1/section/44">subsection (6)</ref>.</p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="section-24-5"><num>(5)</num><content><p><mod>In <ref eId="c00025" href="https://www.legislation.gov.uk/ukpga/2003/1/section/61V">section 61V</ref> (consequences of providing fraudulent information), after <ref eId="c00026" href="https://www.legislation.gov.uk/ukpga/2003/1/section/61V">subsection (4)</ref> insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><subsection><num>(4A)</num><content><p>But where the fraudulent documentation condition would (ignoring this subsection) be met as a result of the provision of a fraudulent document intended to constitute evidence that <ref href="#d28e5308">section 61Y</ref> (umbrella companies) applies in relation to the services provided by the worker, that condition is to be treated as not met.</p></content></subsection></quotedStructure></mod></p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="section-24-6"><num>(6)</num><content><p><mod>In <ref eId="c00027" href="https://www.legislation.gov.uk/ukpga/2003/1/section/684">section 684</ref><ref eId="c00028" href="https://www.legislation.gov.uk/ukpga/2003/1/section/684">(2)</ref> (PAYE regulations), in the list of provisions, after item 7 insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><blockList class="ordered arabic period" ukl:Name="OrderedList" ukl:Type="arabic" ukl:Decoration="period"><item><num>7ZA.</num><p>Provision in connection with the recovery of amounts to which a person is jointly and severally liable as a result of <ref href="#d28e5300">Chapter 11</ref> of Part 2 (umbrella companies).</p></item></blockList></quotedStructure></mod></p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-24-7"><num>(7)</num><content><p><mod>In section 689(4) (employee of non-UK employer), after “sections” insert <quotedText>“<ref href="#d28e5672">61Z1</ref><ref href="#d28e5854">(5)</ref><ref href="#d28e5872">(c)</ref><ref href="#d28e5878">(i)</ref>,”</quotedText>.</mod></p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-24-8"><num>(8)</num><intro><p>In <ref eId="c00029" href="https://www.legislation.gov.uk/ukpga/2003/1/section/716B">section 716B</ref> (employment intermediaries to keep, preserve and provide information etc)—</p></intro><level class="para1" eId="section-24-8-a"><num>(a)</num><intro><p>in <ref eId="c00030" href="https://www.legislation.gov.uk/ukpga/2003/1/section/716B">subsection (1)</ref>—</p></intro><level class="para2" eId="section-24-8-a-i"><num>(i)</num><content><p>omit “of Part 2”, and</p></content></level><level class="para2" eId="section-24-8-a-ii"><num>(ii)</num><content><p><mod>after “agencies)” insert <quotedText>“or <ref href="#d28e5300">11</ref> (umbrella companies) of Part 2”</quotedText>, and</mod></p></content></level></level><level class="para1" eId="section-24-8-b"><num>(b)</num><intro><p>in subsection (2), in the words before paragraph (a)—</p></intro><level class="para2" eId="section-24-8-b-i"><num>(i)</num><content><p><mod>after “person” insert <quotedText>“(other than an individual mentioned in paragraph (a) or (b))”</quotedText>, and</mod></p></content></level><level class="para2" eId="section-24-8-b-ii"><num>(ii)</num><content><p><mod>after “makes” insert <quotedText>“or participates in”</quotedText>.</mod></p></content></level></level></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-24-8-a"><num>(a)</num><intro><p>in <ref eId="c00030" href="https://www.legislation.gov.uk/ukpga/2003/1/section/716B">subsection (1)</ref>—</p></intro><level class="para2" eId="section-24-8-a-i"><num>(i)</num><content><p>omit “of Part 2”, and</p></content></level><level class="para2" eId="section-24-8-a-ii"><num>(ii)</num><content><p><mod>after “agencies)” insert <quotedText>“or <ref href="#d28e5300">11</ref> (umbrella companies) of Part 2”</quotedText>, and</mod></p></content></level></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para2" eId="section-24-8-a-i"><num>(i)</num><content><p>omit “of Part 2”, and</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para2" eId="section-24-8-a-ii"><num>(ii)</num><content><p><mod>after “agencies)” insert <quotedText>“or <ref href="#d28e5300">11</ref> (umbrella companies) of Part 2”</quotedText>, and</mod></p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-24-8-b"><num>(b)</num><intro><p>in subsection (2), in the words before paragraph (a)—</p></intro><level class="para2" eId="section-24-8-b-i"><num>(i)</num><content><p><mod>after “person” insert <quotedText>“(other than an individual mentioned in paragraph (a) or (b))”</quotedText>, and</mod></p></content></level><level class="para2" eId="section-24-8-b-ii"><num>(ii)</num><content><p><mod>after “makes” insert <quotedText>“or participates in”</quotedText>.</mod></p></content></level></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para2" eId="section-24-8-b-i"><num>(i)</num><content><p><mod>after “person” insert <quotedText>“(other than an individual mentioned in paragraph (a) or (b))”</quotedText>, and</mod></p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para2" eId="section-24-8-b-ii"><num>(ii)</num><content><p><mod>after “makes” insert <quotedText>“or participates in”</quotedText>.</mod></p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="section-24-9"><num>(9)</num><intro><p>In regulation 69 of the <ref eId="c00031" href="https://www.legislation.gov.uk/uksi/2003/2682/contents">Income Tax (Pay As You Earn) Regulations 2003</ref>, in paragraph (1A)—</p></intro><level class="para1" eId="section-24-9-a"><num>(a)</num><content><p>the words from “any amount” to the end become sub-paragraph (a),</p></content></level><level class="para1" eId="section-24-9-b"><num>(b)</num><content><p>in that sub-paragraph, omit the words from “whether” to the end, and</p></content></level><level class="para1" eId="section-24-9-c"><num>(c)</num><content><p><mod>after that sub-paragraph insert <quotedText startQuote="“">, and</quotedText><quotedStructure endQuote="”" uk:context="body" uk:docName="uksi" ukl:TargetClass="secondary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="default"><level class="para1"><num>(b)</num><content><p>any amount the employer must account for under regulation 62(5) (notional payments) in respect of notional payments made by the employer during the tax period,</p></content></level><p>whether or not those amounts were included in any return under regulation 67B (real time returns of information about relevant payments) or 67D (exceptions to regulation 67B).</p></quotedStructure></mod></p></content></level></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-24-9-a"><num>(a)</num><content><p>the words from “any amount” to the end become sub-paragraph (a),</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-24-9-b"><num>(b)</num><content><p>in that sub-paragraph, omit the words from “whether” to the end, and</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" class="para1" eId="section-24-9-c"><num>(c)</num><content><p><mod>after that sub-paragraph insert <quotedText startQuote="“">, and</quotedText><quotedStructure endQuote="”" uk:context="body" uk:docName="uksi" ukl:TargetClass="secondary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="default"><level class="para1"><num>(b)</num><content><p>any amount the employer must account for under regulation 62(5) (notional payments) in respect of notional payments made by the employer during the tax period,</p></content></level><p>whether or not those amounts were included in any return under regulation 67B (real time returns of information about relevant payments) or 67D (exceptions to regulation 67B).</p></quotedStructure></mod></p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="section-24-10"><num>(10)</num><content><p><mod>In <ref eId="c00032" href="https://www.legislation.gov.uk/uksi/2003/2682/regulation/80">regulation 80</ref> of those Regulations (determination of unpaid tax and appeal against determination), after <ref eId="c00033" href="https://www.legislation.gov.uk/uksi/2003/2682/regulation/80">paragraph (5)</ref> insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="uksi" ukl:TargetClass="secondary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><paragraph><num>(5A)</num><intro><p>Where a person is jointly and severally liable to pay an amount as a result of Chapter 11 of Part 2 of ITEPA 2003 (umbrella companies)—</p></intro><level class="para1"><num>(a)</num><content><p>this regulation applies to that amount as it applies to an amount of tax payable by an employer (and the references to “the employer” in paragraphs (2) and (5)(b) are to be read accordingly),</p></content></level><level class="para1"><num>(b)</num><intro><p>in cases that operate by reference to a determination made, or that may be made, under this regulation in relation to the person, the references to “the employer” in the following provisions are to be treated as references to the person—</p></intro><level class="para2"><num>(i)</num><content><p>regulation 81(4) (employee liability if tax unpaid after regulation 80 determination), and</p></content></level><level class="para2"><num>(ii)</num><content><p>regulation 97P(1) (persons from whom security for PAYE can be required), and</p></content></level></level><level class="para1"><num>(c)</num><content><p>the references to “the employer” in regulation 72E(6) and regulation 72F (recovery from employee of tax that has been self-assessed etc.) are to be treated as references to the person for the purposes of making a direction under section 72F in relation to the person.</p></content></level></paragraph></quotedStructure></mod></p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-24-11"><num>(11)</num><content><p>The amendments made by this section have effect in relation to payments made on or after 6 April 2026.</p></content></subsection>
<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-25"><num>25</num><heading>Loan charge settlement scheme</heading><subsection eId="section-25-1"><num>(1)</num><content><p>The Treasury must by regulations provide for a scheme under which persons who are liable to pay loan charge amounts may enter into an agreement (“a settlement agreement”) with the Commissioners as regards those amounts.</p></content></subsection><subsection eId="section-25-2"><num>(2)</num><intro><p>The scheme must provide that the Commissioners must, in accordance with the scheme, make an offer to enter into a settlement agreement (“a settlement offer”) to every person who—</p></intro><level class="para1" eId="section-25-2-a"><num>(a)</num><content><p>they believe is liable to pay loan charge amounts, and</p></content></level><level class="para1" eId="section-25-2-b"><num>(b)</num><intro><p>is not a person who the Commissioners reasonably suspect is, or has at any time been—</p></intro><level class="para2" eId="section-25-2-b-i"><num>(i)</num><content><p>a promoter or introducer for the purposes of <ref eId="c00034" href="https://www.legislation.gov.uk/ukpga/2004/12/part/7">Part 7</ref> of <ref eId="c00035" href="https://www.legislation.gov.uk/ukpga/2004/12/contents">FA 2004</ref> (disclosure of tax avoidance schemes), or</p></content></level><level class="para2" eId="section-25-2-b-ii"><num>(ii)</num><content><p>a director or shadow director of such a person.</p></content></level></level></subsection><subsection eId="section-25-3"><num>(3)</num><intro><p>The scheme must provide that a settlement offer made to a person (P) must—</p></intro><level class="para1" eId="section-25-3-a"><num>(a)</num><intro><p>set out the terms of the proposed settlement agreement, including—</p></intro><level class="para2" eId="section-25-3-a-i"><num>(i)</num><content><p>the loan charge amounts to which it would apply (“relevant loan charge amounts”), and</p></content></level><level class="para2" eId="section-25-3-a-ii"><num>(ii)</num><content><p>the amount P would instead be required to pay under it (“settlement amount”), and</p></content></level></level><level class="para1" eId="section-25-3-b"><num>(b)</num><content><p>remain open to P for such reasonable period as may be specified by the scheme.</p></content></level></subsection><subsection eId="section-25-4"><num>(4)</num><content><p>The scheme must provide that the relevant loan charge amounts must not include loan charge amounts which are the subject of, or under, a contract settlement entered into before 1 June 2021.</p></content></subsection><subsection eId="section-25-5"><num>(5)</num><intro><p>The scheme must provide that if P enters into the proposed settlement agreement with the Commissioners—</p></intro><level class="para1" eId="section-25-5-a"><num>(a)</num><content><p>every relevant loan charge amount ceases to be, or will no longer become, payable by P, but</p></content></level><level class="para1" eId="section-25-5-b"><num>(b)</num><content><p>P is instead liable to pay the settlement amount.</p></content></level></subsection><subsection eId="section-25-6"><num>(6)</num><intro><p>The scheme must provide for the calculation of P’s settlement amount and must secure—</p></intro><level class="para1" eId="section-25-6-a"><num>(a)</num><intro><p>that amounts are arrived at by—</p></intro><level class="para2" eId="section-25-6-a-i"><num>(i)</num><content><p>determining the value of the Schedule 11 or 12 to F(No. 2)A 2017 loans and quasi-loans to which the relevant loan charge amounts are connected,</p></content></level><level class="para2" eId="section-25-6-a-ii"><num>(ii)</num><content><p>determining the other amounts paid to P under the arrangements under which those loans or quasi-loans were made,</p></content></level><level class="para2" eId="section-25-6-a-iii"><num>(iii)</num><content><p>determining the amounts charged to P (as deductions, fees or otherwise) under those arrangements,</p></content></level><level class="para2" eId="section-25-6-a-iv"><num>(iv)</num><content><p>attributing the amounts determined as mentioned in <span><ref href="#section-25-6-a-i">sub-paragraphs (i)</ref> to <ref href="#section-25-6-a-iii">(iii)</ref></span> to tax years in accordance with the scheme and assuming that income tax and national insurance contributions were payable as regards those tax years in relation to those amounts, and</p></content></level><level class="para2" eId="section-25-6-a-v"><num>(v)</num><content><p>on that assumption, determining the total amount for each of those tax years of the additional income tax and national insurance contributions which would have been payable by P as regards the tax year (“starting amount”),</p></content></level></level><level class="para1" eId="section-25-6-b"><num>(b)</num><intro><p>that the starting amount for each tax year is lowered (but not below nil) by the amount that results from adding together—</p></intro><level class="para2" eId="section-25-6-b-i"><num>(i)</num><content><p>the amount of reduction given by reducing by 10% the first £50,000 of the total amount attributed to the tax year under <ref href="#section-25-6-a">paragraph (a)</ref><ref href="#section-25-6-a-iv">(iv)</ref>, and</p></content></level><level class="para2" eId="section-25-6-b-ii"><num>(ii)</num><content><p>the amount of reduction given by reducing by 5% the next £100,000 of that total,</p></content></level></level><level class="para1" eId="section-25-6-c"><num>(c)</num><content><p>that the amounts produced by this are added together and the resulting amount is lowered by £5,000 (but not below nil),</p></content></level><level class="para1" eId="section-25-6-d"><num>(d)</num><content><p>that this lowered amount is the settlement amount, unless it is more than £70,000 lower than P’s loan charge gross liability, and</p></content></level><level class="para1" eId="section-25-6-e"><num>(e)</num><content><p>that, if that lowered amount is more than £70,000 lower than P’s loan charge gross liability, the settlement amount is instead P’s loan charge gross liability minus £70,000.</p></content></level></subsection><subsection eId="section-25-7"><num>(7)</num><intro><p>In <ref href="#section-25">this section</ref>—</p></intro><hcontainer name="definition"><intro><p>“<term refersTo="#term-loan-charge-amount" eId="term-loan-charge-amount">loan charge amount</term>” means an amount which—</p></intro><level class="para1"><num>(a)</num><content><p>arises in connection with a Schedule 11 or 12 to F(No. 2)A 2017 loan or quasi-loan,</p></content></level><level class="para1"><num>(b)</num><content><p>is not an amount of inheritance tax,</p></content></level><level class="para1"><num>(c)</num><content><p>is payable, or becomes payable in the future, to the Commissioners under or by virtue of any enactment or under a contract settlement, and</p></content></level><level class="para1"><num>(d)</num><content><p>has not yet been paid;</p></content></level></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-loan-charge-gross-liability" eId="term-loan-charge-gross-liability">loan charge gross liability</term>”, in relation to a person, means the total of the loan charge amounts the person was liable to pay before any payment of those amounts.</p></content></hcontainer></subsection><subsection eId="section-25-8"><num>(8)</num><intro><p>A reference in <ref href="#section-25">this section</ref> to a Schedule 11 or 12 to F(No. 2)A 2017 loan or quasi-loan is to—</p></intro><level class="para1" eId="section-25-8-a"><num>(a)</num><content><p>a loan or quasi-loan (within the meaning of paragraph 2 of Schedule 11 to F(No. 2)A 2017) by reason of which a person is treated, under paragraph 1 of Schedule 11 to F(No. 2)A 2017, as taking a relevant step for the purposes of <ref eId="c00036" href="https://www.legislation.gov.uk/ukpga/2003/1/part/7A">Part 7A</ref> of <ref eId="c00037" href="https://www.legislation.gov.uk/ukpga/2003/1/contents">ITEPA 2003</ref>, or</p></content></level><level class="para1" eId="section-25-8-b"><num>(b)</num><content><p>a loan or quasi-loan (within the meaning of <ref href="#schedule-12-paragraph-2">paragraph 2</ref> of <ref href="#schedule-12">Schedule 12</ref> to F(No. 2)A 2017) which is treated for the purposes of sections 23A to 23H of ITTOIA 2005 as a relevant benefit by reason of paragraph 1 of Schedule 12 to F(No. 2)A 2017.</p></content></level></subsection><subsection eId="section-25-9"><num>(9)</num><intro><p>In <ref href="#section-25">this section</ref>—</p></intro><hcontainer name="definition"><content><p>“<term refersTo="#term-the-commissioners" eId="term-the-commissioners">the Commissioners</term>” means the Commissioners for His Majesty’s Revenue and Customs;</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-contract-settlement" eId="term-contract-settlement">contract settlement</term>” has the meaning given by section 25 of CRCA 2005;</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-shadow-director" eId="term-shadow-director">shadow director</term>” has the meaning given by section 251 of the Companies Act 2006.</p></content></hcontainer></subsection></section>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-25-1"><num>(1)</num><content><p>The Treasury must by regulations provide for a scheme under which persons who are liable to pay loan charge amounts may enter into an agreement (“a settlement agreement”) with the Commissioners as regards those amounts.</p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-25-2"><num>(2)</num><intro><p>The scheme must provide that the Commissioners must, in accordance with the scheme, make an offer to enter into a settlement agreement (“a settlement offer”) to every person who—</p></intro><level class="para1" eId="section-25-2-a"><num>(a)</num><content><p>they believe is liable to pay loan charge amounts, and</p></content></level><level class="para1" eId="section-25-2-b"><num>(b)</num><intro><p>is not a person who the Commissioners reasonably suspect is, or has at any time been—</p></intro><level class="para2" eId="section-25-2-b-i"><num>(i)</num><content><p>a promoter or introducer for the purposes of <ref eId="c00034" href="https://www.legislation.gov.uk/ukpga/2004/12/part/7">Part 7</ref> of <ref eId="c00035" href="https://www.legislation.gov.uk/ukpga/2004/12/contents">FA 2004</ref> (disclosure of tax avoidance schemes), or</p></content></level><level class="para2" eId="section-25-2-b-ii"><num>(ii)</num><content><p>a director or shadow director of such a person.</p></content></level></level></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-25-2-a"><num>(a)</num><content><p>they believe is liable to pay loan charge amounts, and</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-25-2-b"><num>(b)</num><intro><p>is not a person who the Commissioners reasonably suspect is, or has at any time been—</p></intro><level class="para2" eId="section-25-2-b-i"><num>(i)</num><content><p>a promoter or introducer for the purposes of <ref eId="c00034" href="https://www.legislation.gov.uk/ukpga/2004/12/part/7">Part 7</ref> of <ref eId="c00035" href="https://www.legislation.gov.uk/ukpga/2004/12/contents">FA 2004</ref> (disclosure of tax avoidance schemes), or</p></content></level><level class="para2" eId="section-25-2-b-ii"><num>(ii)</num><content><p>a director or shadow director of such a person.</p></content></level></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para2" eId="section-25-2-b-i"><num>(i)</num><content><p>a promoter or introducer for the purposes of <ref eId="c00034" href="https://www.legislation.gov.uk/ukpga/2004/12/part/7">Part 7</ref> of <ref eId="c00035" href="https://www.legislation.gov.uk/ukpga/2004/12/contents">FA 2004</ref> (disclosure of tax avoidance schemes), or</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para2" eId="section-25-2-b-ii"><num>(ii)</num><content><p>a director or shadow director of such a person.</p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-25-3"><num>(3)</num><intro><p>The scheme must provide that a settlement offer made to a person (P) must—</p></intro><level class="para1" eId="section-25-3-a"><num>(a)</num><intro><p>set out the terms of the proposed settlement agreement, including—</p></intro><level class="para2" eId="section-25-3-a-i"><num>(i)</num><content><p>the loan charge amounts to which it would apply (“relevant loan charge amounts”), and</p></content></level><level class="para2" eId="section-25-3-a-ii"><num>(ii)</num><content><p>the amount P would instead be required to pay under it (“settlement amount”), and</p></content></level></level><level class="para1" eId="section-25-3-b"><num>(b)</num><content><p>remain open to P for such reasonable period as may be specified by the scheme.</p></content></level></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-25-3-a"><num>(a)</num><intro><p>set out the terms of the proposed settlement agreement, including—</p></intro><level class="para2" eId="section-25-3-a-i"><num>(i)</num><content><p>the loan charge amounts to which it would apply (“relevant loan charge amounts”), and</p></content></level><level class="para2" eId="section-25-3-a-ii"><num>(ii)</num><content><p>the amount P would instead be required to pay under it (“settlement amount”), and</p></content></level></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para2" eId="section-25-3-a-i"><num>(i)</num><content><p>the loan charge amounts to which it would apply (“relevant loan charge amounts”), and</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para2" eId="section-25-3-a-ii"><num>(ii)</num><content><p>the amount P would instead be required to pay under it (“settlement amount”), and</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-25-3-b"><num>(b)</num><content><p>remain open to P for such reasonable period as may be specified by the scheme.</p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-25-4"><num>(4)</num><content><p>The scheme must provide that the relevant loan charge amounts must not include loan charge amounts which are the subject of, or under, a contract settlement entered into before 1 June 2021.</p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-25-5"><num>(5)</num><intro><p>The scheme must provide that if P enters into the proposed settlement agreement with the Commissioners—</p></intro><level class="para1" eId="section-25-5-a"><num>(a)</num><content><p>every relevant loan charge amount ceases to be, or will no longer become, payable by P, but</p></content></level><level class="para1" eId="section-25-5-b"><num>(b)</num><content><p>P is instead liable to pay the settlement amount.</p></content></level></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-25-5-a"><num>(a)</num><content><p>every relevant loan charge amount ceases to be, or will no longer become, payable by P, but</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-25-5-b"><num>(b)</num><content><p>P is instead liable to pay the settlement amount.</p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-25-6"><num>(6)</num><intro><p>The scheme must provide for the calculation of P’s settlement amount and must secure—</p></intro><level class="para1" eId="section-25-6-a"><num>(a)</num><intro><p>that amounts are arrived at by—</p></intro><level class="para2" eId="section-25-6-a-i"><num>(i)</num><content><p>determining the value of the Schedule 11 or 12 to F(No. 2)A 2017 loans and quasi-loans to which the relevant loan charge amounts are connected,</p></content></level><level class="para2" eId="section-25-6-a-ii"><num>(ii)</num><content><p>determining the other amounts paid to P under the arrangements under which those loans or quasi-loans were made,</p></content></level><level class="para2" eId="section-25-6-a-iii"><num>(iii)</num><content><p>determining the amounts charged to P (as deductions, fees or otherwise) under those arrangements,</p></content></level><level class="para2" eId="section-25-6-a-iv"><num>(iv)</num><content><p>attributing the amounts determined as mentioned in <span><ref href="#section-25-6-a-i">sub-paragraphs (i)</ref> to <ref href="#section-25-6-a-iii">(iii)</ref></span> to tax years in accordance with the scheme and assuming that income tax and national insurance contributions were payable as regards those tax years in relation to those amounts, and</p></content></level><level class="para2" eId="section-25-6-a-v"><num>(v)</num><content><p>on that assumption, determining the total amount for each of those tax years of the additional income tax and national insurance contributions which would have been payable by P as regards the tax year (“starting amount”),</p></content></level></level><level class="para1" eId="section-25-6-b"><num>(b)</num><intro><p>that the starting amount for each tax year is lowered (but not below nil) by the amount that results from adding together—</p></intro><level class="para2" eId="section-25-6-b-i"><num>(i)</num><content><p>the amount of reduction given by reducing by 10% the first £50,000 of the total amount attributed to the tax year under <ref href="#section-25-6-a">paragraph (a)</ref><ref href="#section-25-6-a-iv">(iv)</ref>, and</p></content></level><level class="para2" eId="section-25-6-b-ii"><num>(ii)</num><content><p>the amount of reduction given by reducing by 5% the next £100,000 of that total,</p></content></level></level><level class="para1" eId="section-25-6-c"><num>(c)</num><content><p>that the amounts produced by this are added together and the resulting amount is lowered by £5,000 (but not below nil),</p></content></level><level class="para1" eId="section-25-6-d"><num>(d)</num><content><p>that this lowered amount is the settlement amount, unless it is more than £70,000 lower than P’s loan charge gross liability, and</p></content></level><level class="para1" eId="section-25-6-e"><num>(e)</num><content><p>that, if that lowered amount is more than £70,000 lower than P’s loan charge gross liability, the settlement amount is instead P’s loan charge gross liability minus £70,000.</p></content></level></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-25-6-a"><num>(a)</num><intro><p>that amounts are arrived at by—</p></intro><level class="para2" eId="section-25-6-a-i"><num>(i)</num><content><p>determining the value of the Schedule 11 or 12 to F(No. 2)A 2017 loans and quasi-loans to which the relevant loan charge amounts are connected,</p></content></level><level class="para2" eId="section-25-6-a-ii"><num>(ii)</num><content><p>determining the other amounts paid to P under the arrangements under which those loans or quasi-loans were made,</p></content></level><level class="para2" eId="section-25-6-a-iii"><num>(iii)</num><content><p>determining the amounts charged to P (as deductions, fees or otherwise) under those arrangements,</p></content></level><level class="para2" eId="section-25-6-a-iv"><num>(iv)</num><content><p>attributing the amounts determined as mentioned in <span><ref href="#section-25-6-a-i">sub-paragraphs (i)</ref> to <ref href="#section-25-6-a-iii">(iii)</ref></span> to tax years in accordance with the scheme and assuming that income tax and national insurance contributions were payable as regards those tax years in relation to those amounts, and</p></content></level><level class="para2" eId="section-25-6-a-v"><num>(v)</num><content><p>on that assumption, determining the total amount for each of those tax years of the additional income tax and national insurance contributions which would have been payable by P as regards the tax year (“starting amount”),</p></content></level></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para2" eId="section-25-6-a-i"><num>(i)</num><content><p>determining the value of the Schedule 11 or 12 to F(No. 2)A 2017 loans and quasi-loans to which the relevant loan charge amounts are connected,</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para2" eId="section-25-6-a-ii"><num>(ii)</num><content><p>determining the other amounts paid to P under the arrangements under which those loans or quasi-loans were made,</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para2" eId="section-25-6-a-iii"><num>(iii)</num><content><p>determining the amounts charged to P (as deductions, fees or otherwise) under those arrangements,</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para2" eId="section-25-6-a-iv"><num>(iv)</num><content><p>attributing the amounts determined as mentioned in <span><ref href="#section-25-6-a-i">sub-paragraphs (i)</ref> to <ref href="#section-25-6-a-iii">(iii)</ref></span> to tax years in accordance with the scheme and assuming that income tax and national insurance contributions were payable as regards those tax years in relation to those amounts, and</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para2" eId="section-25-6-a-v"><num>(v)</num><content><p>on that assumption, determining the total amount for each of those tax years of the additional income tax and national insurance contributions which would have been payable by P as regards the tax year (“starting amount”),</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-25-6-b"><num>(b)</num><intro><p>that the starting amount for each tax year is lowered (but not below nil) by the amount that results from adding together—</p></intro><level class="para2" eId="section-25-6-b-i"><num>(i)</num><content><p>the amount of reduction given by reducing by 10% the first £50,000 of the total amount attributed to the tax year under <ref href="#section-25-6-a">paragraph (a)</ref><ref href="#section-25-6-a-iv">(iv)</ref>, and</p></content></level><level class="para2" eId="section-25-6-b-ii"><num>(ii)</num><content><p>the amount of reduction given by reducing by 5% the next £100,000 of that total,</p></content></level></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para2" eId="section-25-6-b-i"><num>(i)</num><content><p>the amount of reduction given by reducing by 10% the first £50,000 of the total amount attributed to the tax year under <ref href="#section-25-6-a">paragraph (a)</ref><ref href="#section-25-6-a-iv">(iv)</ref>, and</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para2" eId="section-25-6-b-ii"><num>(ii)</num><content><p>the amount of reduction given by reducing by 5% the next £100,000 of that total,</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-25-6-c"><num>(c)</num><content><p>that the amounts produced by this are added together and the resulting amount is lowered by £5,000 (but not below nil),</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-25-6-d"><num>(d)</num><content><p>that this lowered amount is the settlement amount, unless it is more than £70,000 lower than P’s loan charge gross liability, and</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-25-6-e"><num>(e)</num><content><p>that, if that lowered amount is more than £70,000 lower than P’s loan charge gross liability, the settlement amount is instead P’s loan charge gross liability minus £70,000.</p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-25-7"><num>(7)</num><intro><p>In <ref href="#section-25">this section</ref>—</p></intro><hcontainer name="definition"><intro><p>“<term refersTo="#term-loan-charge-amount" eId="term-loan-charge-amount">loan charge amount</term>” means an amount which—</p></intro><level class="para1"><num>(a)</num><content><p>arises in connection with a Schedule 11 or 12 to F(No. 2)A 2017 loan or quasi-loan,</p></content></level><level class="para1"><num>(b)</num><content><p>is not an amount of inheritance tax,</p></content></level><level class="para1"><num>(c)</num><content><p>is payable, or becomes payable in the future, to the Commissioners under or by virtue of any enactment or under a contract settlement, and</p></content></level><level class="para1"><num>(d)</num><content><p>has not yet been paid;</p></content></level></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-loan-charge-gross-liability" eId="term-loan-charge-gross-liability">loan charge gross liability</term>”, in relation to a person, means the total of the loan charge amounts the person was liable to pay before any payment of those amounts.</p></content></hcontainer></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1"><num>(b)</num><content><p>a day that is a bank holiday in any part of the United Kingdom under the Banking and Financial Dealings Act 1971.</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1"><num>(c)</num><content><p>in relation to a declaration provided under section 86(5)(b)(ii) of FA 2022, a proposal or arrangements, with those terms having the same meaning as in that section;</p></content></level>
<hcontainer xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" name="definition"><content><p>“<term refersTo="#term-information" eId="term-information">information</term>” includes a document (and see subsection (2));</p></content></hcontainer>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1"><num>(c)</num><content><p>is payable, or becomes payable in the future, to the Commissioners under or by virtue of any enactment or under a contract settlement, and</p></content></level>
<hcontainer xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" name="definition"><content><p>“<term refersTo="#term-the-commissioners" eId="term-the-commissioners">the Commissioners</term>” means the Commissioners for His Majesty’s Revenue and Customs;</p></content></hcontainer>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-25-8"><num>(8)</num><intro><p>A reference in <ref href="#section-25">this section</ref> to a Schedule 11 or 12 to F(No. 2)A 2017 loan or quasi-loan is to—</p></intro><level class="para1" eId="section-25-8-a"><num>(a)</num><content><p>a loan or quasi-loan (within the meaning of paragraph 2 of Schedule 11 to F(No. 2)A 2017) by reason of which a person is treated, under paragraph 1 of Schedule 11 to F(No. 2)A 2017, as taking a relevant step for the purposes of <ref eId="c00036" href="https://www.legislation.gov.uk/ukpga/2003/1/part/7A">Part 7A</ref> of <ref eId="c00037" href="https://www.legislation.gov.uk/ukpga/2003/1/contents">ITEPA 2003</ref>, or</p></content></level><level class="para1" eId="section-25-8-b"><num>(b)</num><content><p>a loan or quasi-loan (within the meaning of <ref href="#schedule-12-paragraph-2">paragraph 2</ref> of <ref href="#schedule-12">Schedule 12</ref> to F(No. 2)A 2017) which is treated for the purposes of sections 23A to 23H of ITTOIA 2005 as a relevant benefit by reason of paragraph 1 of Schedule 12 to F(No. 2)A 2017.</p></content></level></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-25-8-a"><num>(a)</num><content><p>a loan or quasi-loan (within the meaning of paragraph 2 of Schedule 11 to F(No. 2)A 2017) by reason of which a person is treated, under paragraph 1 of Schedule 11 to F(No. 2)A 2017, as taking a relevant step for the purposes of <ref eId="c00036" href="https://www.legislation.gov.uk/ukpga/2003/1/part/7A">Part 7A</ref> of <ref eId="c00037" href="https://www.legislation.gov.uk/ukpga/2003/1/contents">ITEPA 2003</ref>, or</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-25-8-b"><num>(b)</num><content><p>a loan or quasi-loan (within the meaning of <ref href="#schedule-12-paragraph-2">paragraph 2</ref> of <ref href="#schedule-12">Schedule 12</ref> to F(No. 2)A 2017) which is treated for the purposes of sections 23A to 23H of ITTOIA 2005 as a relevant benefit by reason of paragraph 1 of Schedule 12 to F(No. 2)A 2017.</p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-25-9"><num>(9)</num><intro><p>In <ref href="#section-25">this section</ref>—</p></intro><hcontainer name="definition"><content><p>“<term refersTo="#term-the-commissioners" eId="term-the-commissioners">the Commissioners</term>” means the Commissioners for His Majesty’s Revenue and Customs;</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-contract-settlement" eId="term-contract-settlement">contract settlement</term>” has the meaning given by section 25 of CRCA 2005;</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-shadow-director" eId="term-shadow-director">shadow director</term>” has the meaning given by section 251 of the Companies Act 2006.</p></content></hcontainer></subsection>
<hcontainer xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" name="definition"><content><p>“<term refersTo="#term-the-commissioners" eId="term-the-commissioners">the Commissioners</term>” means the Commissioners for His Majesty’s Revenue and Customs;</p></content></hcontainer>
<hcontainer xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" name="definition"><content><p>“<term refersTo="#term-contract-settlement" eId="term-contract-settlement">contract settlement</term>” has the meaning given by section 25 of CRCA 2005;</p></content></hcontainer>
<hcontainer xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" name="definition"><content><p>“<term refersTo="#term-authorised-officer-of-revenue-and-customs" eId="term-authorised-officer-of-revenue-and-customs">authorised officer of Revenue and Customs</term>” means an officer of Revenue and Customs who is, or is a member of a class of officers who are, authorised by the Commissioners for the purpose of this Chapter;</p></content></hcontainer>
<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-26"><num>26</num><heading>Loan charge settlement scheme: inheritance tax</heading><subsection eId="section-26-1"><num>(1)</num><intro><p>The scheme may provide that, if a person enters into a settlement agreement, amounts of inheritance tax payable by the person which—</p></intro><level class="para1" eId="section-26-1-a"><num>(a)</num><intro><p>arise as a result of transfers of value and other occasions of charge occurring—</p></intro><level class="para2" eId="section-26-1-a-i"><num>(i)</num><content><p>in connection with a settlement (within the meaning of section 43 of IHTA 1984) used as part of arrangements under which the relevant Schedule 11 or 12 to F(No. 2)A 2017 loans and quasi-loans were made, and</p></content></level><level class="para2" eId="section-26-1-a-ii"><num>(ii)</num><content><p>before the end of 3 months after the date on which the settlement offer, in relation to the settlement agreement, was made to the person, and</p></content></level></level><level class="para1" eId="section-26-1-b"><num>(b)</num><content><p>have not yet been paid,</p></content></level><wrapUp><p>cease to payable by the person.</p></wrapUp></subsection><subsection eId="section-26-2"><num>(2)</num><intro><p>The scheme may provide, if a person enters into a settlement agreement, for adjustments in amounts of inheritance tax payable by other persons which—</p></intro><level class="para1" eId="section-26-2-a"><num>(a)</num><content><p>arise as mentioned in <ref href="#section-26-1">subsection (1)</ref><ref href="#section-26-1-a">(a)</ref>,</p></content></level><level class="para1" eId="section-26-2-b"><num>(b)</num><content><p>are attributable to property used for making the relevant Schedule 11 or 12 to F(No. 2)A 2017 loans and quasi-loans, and</p></content></level><level class="para1" eId="section-26-2-c"><num>(c)</num><content><p>have not yet been paid.</p></content></level></subsection><subsection eId="section-26-3"><num>(3)</num><content><p>The scheme must provide that, if a person enters into a settlement agreement, no relevant Schedule 11 or 12 to F(No. 2)A 2017 loan or quasi-loan is to be treated as a liability for the purposes of section 5(3) of IHTA 1984.</p></content></subsection><subsection eId="section-26-4"><num>(4)</num><content><p>In this section, references to relevant Schedule 11 or 12 to F(No. 2)A 2017 loans and quasi-loans are to the Schedule 11 or 12 to F(No. 2)A 2017 loans and quasi-loans to which the loan charge amounts to which the settlement agreement applies are connected.</p></content></subsection><subsection eId="section-26-5"><num>(5)</num><content><p>Expressions used in this section and section 25 have the same meaning in this section as they have in section 25.</p></content></subsection><subsection eId="section-26-6"><num>(6)</num><content><p>In this section, “<term refersTo="#term-transfer-of-value" eId="term-transfer-of-value">transfer of value</term>” has the same meaning as in IHTA 1984 (see, in particular, section 3 of that Act).</p></content></subsection></section>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-26-1"><num>(1)</num><intro><p>The scheme may provide that, if a person enters into a settlement agreement, amounts of inheritance tax payable by the person which—</p></intro><level class="para1" eId="section-26-1-a"><num>(a)</num><intro><p>arise as a result of transfers of value and other occasions of charge occurring—</p></intro><level class="para2" eId="section-26-1-a-i"><num>(i)</num><content><p>in connection with a settlement (within the meaning of section 43 of IHTA 1984) used as part of arrangements under which the relevant Schedule 11 or 12 to F(No. 2)A 2017 loans and quasi-loans were made, and</p></content></level><level class="para2" eId="section-26-1-a-ii"><num>(ii)</num><content><p>before the end of 3 months after the date on which the settlement offer, in relation to the settlement agreement, was made to the person, and</p></content></level></level><level class="para1" eId="section-26-1-b"><num>(b)</num><content><p>have not yet been paid,</p></content></level><wrapUp><p>cease to payable by the person.</p></wrapUp></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-26-1-a"><num>(a)</num><intro><p>arise as a result of transfers of value and other occasions of charge occurring—</p></intro><level class="para2" eId="section-26-1-a-i"><num>(i)</num><content><p>in connection with a settlement (within the meaning of section 43 of IHTA 1984) used as part of arrangements under which the relevant Schedule 11 or 12 to F(No. 2)A 2017 loans and quasi-loans were made, and</p></content></level><level class="para2" eId="section-26-1-a-ii"><num>(ii)</num><content><p>before the end of 3 months after the date on which the settlement offer, in relation to the settlement agreement, was made to the person, and</p></content></level></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para2" eId="section-26-1-a-i"><num>(i)</num><content><p>in connection with a settlement (within the meaning of section 43 of IHTA 1984) used as part of arrangements under which the relevant Schedule 11 or 12 to F(No. 2)A 2017 loans and quasi-loans were made, and</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para2" eId="section-26-1-a-ii"><num>(ii)</num><content><p>before the end of 3 months after the date on which the settlement offer, in relation to the settlement agreement, was made to the person, and</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-26-1-b"><num>(b)</num><content><p>have not yet been paid,</p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-26-2"><num>(2)</num><intro><p>The scheme may provide, if a person enters into a settlement agreement, for adjustments in amounts of inheritance tax payable by other persons which—</p></intro><level class="para1" eId="section-26-2-a"><num>(a)</num><content><p>arise as mentioned in <ref href="#section-26-1">subsection (1)</ref><ref href="#section-26-1-a">(a)</ref>,</p></content></level><level class="para1" eId="section-26-2-b"><num>(b)</num><content><p>are attributable to property used for making the relevant Schedule 11 or 12 to F(No. 2)A 2017 loans and quasi-loans, and</p></content></level><level class="para1" eId="section-26-2-c"><num>(c)</num><content><p>have not yet been paid.</p></content></level></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-26-2-a"><num>(a)</num><content><p>arise as mentioned in <ref href="#section-26-1">subsection (1)</ref><ref href="#section-26-1-a">(a)</ref>,</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-26-2-b"><num>(b)</num><content><p>are attributable to property used for making the relevant Schedule 11 or 12 to F(No. 2)A 2017 loans and quasi-loans, and</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-26-2-c"><num>(c)</num><content><p>have not yet been paid.</p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-26-3"><num>(3)</num><content><p>The scheme must provide that, if a person enters into a settlement agreement, no relevant Schedule 11 or 12 to F(No. 2)A 2017 loan or quasi-loan is to be treated as a liability for the purposes of section 5(3) of IHTA 1984.</p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-26-4"><num>(4)</num><content><p>In this section, references to relevant Schedule 11 or 12 to F(No. 2)A 2017 loans and quasi-loans are to the Schedule 11 or 12 to F(No. 2)A 2017 loans and quasi-loans to which the loan charge amounts to which the settlement agreement applies are connected.</p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-26-5"><num>(5)</num><content><p>Expressions used in this section and section 25 have the same meaning in this section as they have in section 25.</p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-26-6"><num>(6)</num><content><p>In this section, “<term refersTo="#term-transfer-of-value" eId="term-transfer-of-value">transfer of value</term>” has the same meaning as in IHTA 1984 (see, in particular, section 3 of that Act).</p></content></subsection>
<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-27"><num>27</num><heading>Loan charge settlement scheme: supplementary</heading><subsection eId="section-27-1"><num>(1)</num><intro><p>The scheme may make provision—</p></intro><level class="para1" eId="section-27-1-a"><num>(a)</num><content><p>about the process of making settlement offers and entering into settlement agreements;</p></content></level><level class="para1" eId="section-27-1-b"><num>(b)</num><content><p>for settlement offers to be conditional upon the persons to whom they are made doing specified things;</p></content></level><level class="para1" eId="section-27-1-c"><num>(c)</num><content><p>about the terms which may, must or may not be included in settlement agreements;</p></content></level><level class="para1" eId="section-27-1-d"><num>(d)</num><intro><p>supplementing—</p></intro><level class="para2" eId="section-27-1-d-i"><num>(i)</num><content><p>provision made under <ref href="#section-25">section 25</ref><ref href="#section-25-6">(6)</ref> about the calculation of settlement amounts, and</p></content></level><level class="para2" eId="section-27-1-d-ii"><num>(ii)</num><content><p>the definitions in <ref href="#section-25">section 25</ref><ref href="#section-25-7">(7)</ref> of “loan charge amount” and “loan charge gross liability”;</p></content></level></level><level class="para1" eId="section-27-1-e"><num>(e)</num><content><p>adapting provision made under <ref href="#section-25">section 25</ref><ref href="#section-25-6">(6)</ref>, in cases where a settlement offer is made to a person who is not an individual, about the calculation of settlement amounts (including provision for the calculation to be different to what is required by <ref href="#section-25">section 25</ref><ref href="#section-25-6">(6)</ref>);</p></content></level><level class="para1" eId="section-27-1-f"><num>(f)</num><content><p>for the use of estimates in relation to any amount;</p></content></level><level class="para1" eId="section-27-1-g"><num>(g)</num><content><p>about liabilities which are incidental to, or otherwise connected with, loan charge amounts;</p></content></level><level class="para1" eId="section-27-1-h"><num>(h)</num><content><p>for amounts paid by a person towards the person’s loan charge gross liability to be credited against a liability of the person to pay a settlement amount (but to no greater extent than discharging that liability);</p></content></level><level class="para1" eId="section-27-1-i"><num>(i)</num><content><p>for anything else the Treasury consider appropriate for the purpose of the scheme.</p></content></level></subsection><subsection eId="section-27-2"><num>(2)</num><intro><p>The things specified under <ref href="#section-27-1">subsection (1)</ref><ref href="#section-27-1-b">(b)</ref> may include, for example, a person to whom a settlement offer is made entering into a contract settlement in relation to amounts specified in the settlement offer which—</p></intro><level class="para1" eId="section-27-2-a"><num>(a)</num><content><p>are not loan charge amounts,</p></content></level><level class="para1" eId="section-27-2-b"><num>(b)</num><content><p>are payable, or become payable in the future, to the Commissioners by the person under or by virtue of any enactment, and</p></content></level><level class="para1" eId="section-27-2-c"><num>(c)</num><content><p>have not yet been paid.</p></content></level></subsection><subsection eId="section-27-3"><num>(3)</num><content><p>The provision which may be made under <ref href="#section-27-1">subsection (1)</ref><ref href="#section-27-1-d">(d)</ref><ref href="#section-27-1-d-ii">(ii)</ref> includes provision setting out the descriptions of amounts which arise in connection with a Schedule 11 or 12 to F(No. 2)A 2017 loan or quasi-loan.</p></content></subsection><subsection eId="section-27-4"><num>(4)</num><intro><p>The provision which may be made under <ref href="#section-27-1">subsection (1)</ref><ref href="#section-27-1-g">(g)</ref> includes provision—</p></intro><level class="para1" eId="section-27-4-a"><num>(a)</num><content><p>treating penalties, or other amounts which are not loan charge amounts but are connected with them, as never having arisen or ceasing to be payable, and</p></content></level><level class="para1" eId="section-27-4-b"><num>(b)</num><content><p>crediting amounts paid towards such liabilities against other liabilities to pay a settlement or other amount to the Commissioners or for the Commissioners to repay those paid amounts.</p></content></level></subsection><subsection eId="section-27-5"><num>(5)</num><intro><p>The scheme may make—</p></intro><level class="para1" eId="section-27-5-a"><num>(a)</num><content><p>different provision for different purposes or cases;</p></content></level><level class="para1" eId="section-27-5-b"><num>(b)</num><content><p>provision generally or for specified cases;</p></content></level><level class="para1" eId="section-27-5-c"><num>(c)</num><content><p>provision subject to exceptions;</p></content></level><level class="para1" eId="section-27-5-d"><num>(d)</num><content><p>incidental, supplementary, consequential or transitional provision.</p></content></level></subsection><subsection eId="section-27-6"><num>(6)</num><content><p>Regulations providing for the scheme are to be made by statutory instrument and are subject to annulment in pursuance of a resolution of the House of Commons.</p></content></subsection><subsection eId="section-27-7"><num>(7)</num><content><p>A settlement agreement is a contract settlement for the purposes of <ref eId="c00038" href="https://www.legislation.gov.uk/ukpga/2005/11/section/25">sections 25</ref> and <ref eId="c00039" href="https://www.legislation.gov.uk/ukpga/2005/11/section/25A">25A</ref> of CRCA 2005.</p></content></subsection><subsection eId="section-27-8"><num>(8)</num><content><p>Expressions used in this section and section 25 or 26 have the same meaning in this section as they have in section 25 or 26.</p></content></subsection></section>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-27-1"><num>(1)</num><intro><p>The scheme may make provision—</p></intro><level class="para1" eId="section-27-1-a"><num>(a)</num><content><p>about the process of making settlement offers and entering into settlement agreements;</p></content></level><level class="para1" eId="section-27-1-b"><num>(b)</num><content><p>for settlement offers to be conditional upon the persons to whom they are made doing specified things;</p></content></level><level class="para1" eId="section-27-1-c"><num>(c)</num><content><p>about the terms which may, must or may not be included in settlement agreements;</p></content></level><level class="para1" eId="section-27-1-d"><num>(d)</num><intro><p>supplementing—</p></intro><level class="para2" eId="section-27-1-d-i"><num>(i)</num><content><p>provision made under <ref href="#section-25">section 25</ref><ref href="#section-25-6">(6)</ref> about the calculation of settlement amounts, and</p></content></level><level class="para2" eId="section-27-1-d-ii"><num>(ii)</num><content><p>the definitions in <ref href="#section-25">section 25</ref><ref href="#section-25-7">(7)</ref> of “loan charge amount” and “loan charge gross liability”;</p></content></level></level><level class="para1" eId="section-27-1-e"><num>(e)</num><content><p>adapting provision made under <ref href="#section-25">section 25</ref><ref href="#section-25-6">(6)</ref>, in cases where a settlement offer is made to a person who is not an individual, about the calculation of settlement amounts (including provision for the calculation to be different to what is required by <ref href="#section-25">section 25</ref><ref href="#section-25-6">(6)</ref>);</p></content></level><level class="para1" eId="section-27-1-f"><num>(f)</num><content><p>for the use of estimates in relation to any amount;</p></content></level><level class="para1" eId="section-27-1-g"><num>(g)</num><content><p>about liabilities which are incidental to, or otherwise connected with, loan charge amounts;</p></content></level><level class="para1" eId="section-27-1-h"><num>(h)</num><content><p>for amounts paid by a person towards the person’s loan charge gross liability to be credited against a liability of the person to pay a settlement amount (but to no greater extent than discharging that liability);</p></content></level><level class="para1" eId="section-27-1-i"><num>(i)</num><content><p>for anything else the Treasury consider appropriate for the purpose of the scheme.</p></content></level></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-27-1-a"><num>(a)</num><content><p>about the process of making settlement offers and entering into settlement agreements;</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-27-1-b"><num>(b)</num><content><p>for settlement offers to be conditional upon the persons to whom they are made doing specified things;</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-27-1-c"><num>(c)</num><content><p>about the terms which may, must or may not be included in settlement agreements;</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-27-1-d"><num>(d)</num><intro><p>supplementing—</p></intro><level class="para2" eId="section-27-1-d-i"><num>(i)</num><content><p>provision made under <ref href="#section-25">section 25</ref><ref href="#section-25-6">(6)</ref> about the calculation of settlement amounts, and</p></content></level><level class="para2" eId="section-27-1-d-ii"><num>(ii)</num><content><p>the definitions in <ref href="#section-25">section 25</ref><ref href="#section-25-7">(7)</ref> of “loan charge amount” and “loan charge gross liability”;</p></content></level></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para2" eId="section-27-1-d-i"><num>(i)</num><content><p>provision made under <ref href="#section-25">section 25</ref><ref href="#section-25-6">(6)</ref> about the calculation of settlement amounts, and</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para2" eId="section-27-1-d-ii"><num>(ii)</num><content><p>the definitions in <ref href="#section-25">section 25</ref><ref href="#section-25-7">(7)</ref> of “loan charge amount” and “loan charge gross liability”;</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-27-1-e"><num>(e)</num><content><p>adapting provision made under <ref href="#section-25">section 25</ref><ref href="#section-25-6">(6)</ref>, in cases where a settlement offer is made to a person who is not an individual, about the calculation of settlement amounts (including provision for the calculation to be different to what is required by <ref href="#section-25">section 25</ref><ref href="#section-25-6">(6)</ref>);</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-27-1-f"><num>(f)</num><content><p>for the use of estimates in relation to any amount;</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-27-1-g"><num>(g)</num><content><p>about liabilities which are incidental to, or otherwise connected with, loan charge amounts;</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-27-1-h"><num>(h)</num><content><p>for amounts paid by a person towards the person’s loan charge gross liability to be credited against a liability of the person to pay a settlement amount (but to no greater extent than discharging that liability);</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-27-1-i"><num>(i)</num><content><p>for anything else the Treasury consider appropriate for the purpose of the scheme.</p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-27-2"><num>(2)</num><intro><p>The things specified under <ref href="#section-27-1">subsection (1)</ref><ref href="#section-27-1-b">(b)</ref> may include, for example, a person to whom a settlement offer is made entering into a contract settlement in relation to amounts specified in the settlement offer which—</p></intro><level class="para1" eId="section-27-2-a"><num>(a)</num><content><p>are not loan charge amounts,</p></content></level><level class="para1" eId="section-27-2-b"><num>(b)</num><content><p>are payable, or become payable in the future, to the Commissioners by the person under or by virtue of any enactment, and</p></content></level><level class="para1" eId="section-27-2-c"><num>(c)</num><content><p>have not yet been paid.</p></content></level></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-27-2-a"><num>(a)</num><content><p>are not loan charge amounts,</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-27-2-b"><num>(b)</num><content><p>are payable, or become payable in the future, to the Commissioners by the person under or by virtue of any enactment, and</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-27-2-c"><num>(c)</num><content><p>have not yet been paid.</p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-27-3"><num>(3)</num><content><p>The provision which may be made under <ref href="#section-27-1">subsection (1)</ref><ref href="#section-27-1-d">(d)</ref><ref href="#section-27-1-d-ii">(ii)</ref> includes provision setting out the descriptions of amounts which arise in connection with a Schedule 11 or 12 to F(No. 2)A 2017 loan or quasi-loan.</p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-27-4"><num>(4)</num><intro><p>The provision which may be made under <ref href="#section-27-1">subsection (1)</ref><ref href="#section-27-1-g">(g)</ref> includes provision—</p></intro><level class="para1" eId="section-27-4-a"><num>(a)</num><content><p>treating penalties, or other amounts which are not loan charge amounts but are connected with them, as never having arisen or ceasing to be payable, and</p></content></level><level class="para1" eId="section-27-4-b"><num>(b)</num><content><p>crediting amounts paid towards such liabilities against other liabilities to pay a settlement or other amount to the Commissioners or for the Commissioners to repay those paid amounts.</p></content></level></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-27-4-a"><num>(a)</num><content><p>treating penalties, or other amounts which are not loan charge amounts but are connected with them, as never having arisen or ceasing to be payable, and</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-27-4-b"><num>(b)</num><content><p>crediting amounts paid towards such liabilities against other liabilities to pay a settlement or other amount to the Commissioners or for the Commissioners to repay those paid amounts.</p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-27-5"><num>(5)</num><intro><p>The scheme may make—</p></intro><level class="para1" eId="section-27-5-a"><num>(a)</num><content><p>different provision for different purposes or cases;</p></content></level><level class="para1" eId="section-27-5-b"><num>(b)</num><content><p>provision generally or for specified cases;</p></content></level><level class="para1" eId="section-27-5-c"><num>(c)</num><content><p>provision subject to exceptions;</p></content></level><level class="para1" eId="section-27-5-d"><num>(d)</num><content><p>incidental, supplementary, consequential or transitional provision.</p></content></level></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-27-5-a"><num>(a)</num><content><p>different provision for different purposes or cases;</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-27-5-b"><num>(b)</num><content><p>provision generally or for specified cases;</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-27-5-c"><num>(c)</num><content><p>provision subject to exceptions;</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-27-5-d"><num>(d)</num><content><p>incidental, supplementary, consequential or transitional provision.</p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-27-6"><num>(6)</num><content><p>Regulations providing for the scheme are to be made by statutory instrument and are subject to annulment in pursuance of a resolution of the House of Commons.</p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-27-7"><num>(7)</num><content><p>A settlement agreement is a contract settlement for the purposes of <ref eId="c00038" href="https://www.legislation.gov.uk/ukpga/2005/11/section/25">sections 25</ref> and <ref eId="c00039" href="https://www.legislation.gov.uk/ukpga/2005/11/section/25A">25A</ref> of CRCA 2005.</p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-27-8"><num>(8)</num><content><p>Expressions used in this section and section 25 or 26 have the same meaning in this section as they have in section 25 or 26.</p></content></subsection>
<hcontainer xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:default="http://www.w3.org/1999/xhtml" name="crossheading" ukl:Name="Pblock" eId="part-1-crossheading-capital-allowances-and-other-reliefs-for-businesses"><heading>Capital allowances and other reliefs for businesses</heading><section eId="section-28"><num>28</num><heading>Main rate of writing-down allowances for expenditure on plant or machinery</heading><subsection eId="section-28-1"><num>(1)</num><content><p><mod>In section 56 of CAA 2001 (amount of plant and machinery allowances), in subsection (1) (which specifies the main rate of writing-down allowances), for “18%” substitute <quotedText>“14%”</quotedText>.</mod></p></content></subsection><subsection eId="section-28-2"><num>(2)</num><intro><p>The amendment made by subsection (1) has effect in relation to chargeable periods beginning on or after the relevant day, that is to say—</p></intro><level class="para1" eId="section-28-2-a"><num>(a)</num><content><p>for corporation tax purposes, 1 April 2026, and</p></content></level><level class="para1" eId="section-28-2-b"><num>(b)</num><content><p>for income tax purposes, 6 April 2026.</p></content></level></subsection><subsection eId="section-28-3"><num>(3)</num><content><p>The amendment made by subsection (1) also has effect in relation to chargeable periods beginning before and ending on or after the relevant day but as if the reference to 14% were a reference instead to X%.</p></content></subsection><subsection eId="section-28-4"><num>(4)</num><content><p>For this purpose X is found by adding (18 x BRD/CP) to (14 x ARD/CP).</p></content></subsection><subsection eId="section-28-5"><num>(5)</num><content><p>Where X would be a figure with more than 2 decimal places, it is to be rounded up to the nearest second decimal place.</p></content></subsection><subsection eId="section-28-6"><num>(6)</num><intro><p>In subsection <ref href="#section-28-4">(4)</ref>—</p></intro><hcontainer name="definition"><content><p>“<term refersTo="#term-brd" eId="term-brd">BRD</term>” means the number of days in the chargeable period before the relevant day,</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-ard" eId="term-ard">ARD</term>” means the number of days in the chargeable period on and after the relevant day, and</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-cp" eId="term-cp">CP</term>” means the number of days in the chargeable period.</p></content></hcontainer></subsection></section><section eId="section-29"><num>29</num><heading>First-year allowance for main rate expenditure on plant or machinery</heading><subsection eId="section-29-1"><num>(1)</num><content><p>Part 2 of CAA 2001 (plant and machinery allowances) is amended as follows.</p></content></subsection><subsection eId="section-29-2"><num>(2)</num><content><p><mod>In section 39 (first-year allowances available for certain types of qualifying expenditure only), after the entry relating to section 45S insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><tblock class="table" ukl:Orientation="portrait"><foreign><default:table xmlns="http://www.w3.org/1999/xhtml"><default:colgroup><default:col span="1" style="width:20%"/><default:col span="1" style="width:80%"/></default:colgroup><default:tbody><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">section 45U</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">expenditure on plant or machinery in cases not falling within section 45S etc</p></default:td></default:tr></default:tbody></default:table></foreign></tblock></quotedStructure><inline name="appendText">.</inline></mod></p></content></subsection><subsection eId="section-29-3"><num>(3)</num><content><p><mod>After section 45T insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><section><num>45U</num><heading>Expenditure on plant or machinery in cases not falling with section 45S etc</heading><intro><p>Expenditure is first-year qualifying expenditure if—</p></intro><level class="para1"><num>(a)</num><content><p>it is incurred on or after 1 January 2026,</p></content></level><level class="para1"><num>(b)</num><content><p>it is not special rate expenditure,</p></content></level><level class="para1"><num>(c)</num><content><p>it is expenditure on plant or machinery which is unused and not second-hand, and</p></content></level><level class="para1"><num>(d)</num><content><p>it is not excluded by section 45V (exclusion of expenditure under disqualifying arrangements) or 46 (general exclusions).</p></content></level></section><section><num>45V</num><heading>Exclusion of expenditure incurred under disqualifying arrangements</heading><subsection><num>(1)</num><content><p>Expenditure is not first-year qualifying expenditure under section 45U if the expenditure is incurred directly or indirectly in consequence of, or otherwise in connection with, disqualifying arrangements.</p></content></subsection><subsection><num>(2)</num><intro><p>Arrangements are “<term refersTo="#term-disqualifying-arrangements">disqualifying arrangements</term>” for the purposes of this section if—</p></intro><level class="para1"><num>(a)</num><content><p>the main purpose, or one of the main purposes, of the arrangements is to secure a tax advantage connected with expenditure being first-year qualifying expenditure under section 45U, and</p></content></level><level class="para1"><num>(b)</num><intro><p>it is reasonable, taking account of all the relevant circumstances—</p></intro><level class="para2"><num>(i)</num><content><p>to conclude that the arrangements are, or include steps that are, contrived, abnormal or lacking a genuine commercial purpose, or</p></content></level><level class="para2"><num>(ii)</num><content><p>to regard the arrangements as circumventing the intended limits of relief under this Act or otherwise exploiting shortcomings in this Act.</p></content></level></level></subsection><subsection><num>(3)</num><content><p>In this section “arrangements” include any agreement, understanding, scheme, transaction or series of transactions (whether or not legally enforceable).</p></content></subsection></section></quotedStructure></mod></p></content></subsection><subsection eId="section-29-4"><num>(4)</num><intro><p>In section 46 (general exclusions)—</p></intro><level class="para1" eId="section-29-4-a"><num>(a)</num><content><p><mod>in subsection (1), after the entry relating to section 45S insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><tblock class="table" ukl:Orientation="portrait"><foreign><default:table xmlns="http://www.w3.org/1999/xhtml"><default:colgroup><default:col span="1" style="width:20%"/><default:col span="1" style="width:80%"/></default:colgroup><default:tbody><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">section 45U</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">(expenditure on plant or machinery in cases not falling within section 45S etc)</p></default:td></default:tr></default:tbody></default:table></foreign></tblock></quotedStructure><inline name="appendText">, and</inline></mod></p></content></level><level class="para1" eId="section-29-4-b"><num>(b)</num><content><p><mod>after subsection (4A) insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><subsection><num>(4B)</num><intro><p>General exclusion 6 does not prevent expenditure being first-year qualifying expenditure under section 45U if—</p></intro><level class="para1"><num>(a)</num><content><p>the plant or machinery is provided for leasing to a lessee for use by the lessee wholly, or almost wholly, for the purpose of earning income which is within the charge to tax, or</p></content></level><level class="para1"><num>(b)</num><content><p>the plant or machinery is provided for leasing to a lessee who is resident in the United Kingdom where the circumstances are such that the plant or machinery is not for use (to a significant extent) by the lessee for the purpose of earning income which is from a source outside the United Kingdom and which is outside the charge to tax.</p></content></level></subsection><subsection><num>(4C)</num><intro><p>For the purposes of subsection (4B) income is to be regarded as being outside the charge to tax if the income arises to a person who under—</p></intro><level class="para1"><num>(a)</num><content><p>double taxation arrangements, or</p></content></level><level class="para1"><num>(b)</num><content><p>unilateral relief arrangements,</p></content></level><wrapUp><p>is afforded or is entitled to claim any relief from the tax chargeable on the income.</p></wrapUp></subsection><subsection><num>(4D)</num><content><p>For this purpose “<term refersTo="#term-double-taxation-arrangements">double taxation arrangements</term>” and “<term refersTo="#term-unilateral-relief-arrangements">unilateral relief arrangements</term>” have the same meaning as they have in Part 2 of the Taxation (International and Other Provisions) Act 2010 (see sections 2(4) and 8(1) respectively).</p></content></subsection><subsection><num>(4E)</num><content><p>For the purposes of subsection (4B) it is to be presumed that, unless the contrary is shown, a lessee has made every claim or election for relief from tax, and every claim or election for an exemption from tax, which the lessee is entitled to make.</p></content></subsection><subsection><num>(4F)</num><content><p>For the purposes of subsection (4B), if there is more than one lessee, references to the lessee are to each of the lessees.</p></content></subsection><subsection><num>(4G)</num><content><p>For the purposes of subsections (4B) to (4F), any reference to leasing or a lessee includes sub-leasing and a sub-lessee.</p></content></subsection></quotedStructure></mod></p></content></level></subsection><subsection eId="section-29-5"><num>(5)</num><content><p><mod>In section 52 (first-year allowances), in subsection (3), in the table, at the end insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><tblock class="table" ukl:Orientation="portrait"><foreign><default:table xmlns="http://www.w3.org/1999/xhtml"><default:colgroup><default:col style="width:75%"/><default:col style="width:25%"/></default:colgroup><default:tbody><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Expenditure qualifying under section 45U (expenditure on plant or machinery in cases not falling within section 45S etc)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">40%</p></default:td></default:tr></default:tbody></default:table></foreign></tblock></quotedStructure><inline name="appendText">.</inline></mod></p></content></subsection></section><section eId="section-30"><num>30</num><heading>Expenditure on zero-emission cars and electric vehicle charging points</heading><intro><p>In—</p></intro><level class="para1" eId="section-30-a"><num>(a)</num><content><p>section 45D of CAA 2001 (expenditure on zero-emission cars), in subsection (1B)(a) and (b) (which specify the date on or before which expenditure must be incurred to qualify for a first-year allowance), and</p></content></level><level class="para1" eId="section-30-b"><num>(b)</num><content><p>section 45EA of that Act (expenditure on plant or machinery for electric vehicle charging point), in subsection (3)(a) and (b) (which specify the date on or before which expenditure must be incurred to qualify for a first-year allowance),</p></content></level><wrapUp><p><mod>for “2026” substitute <quotedText>“2027”</quotedText>.</mod></p></wrapUp></section><section eId="section-31"><num>31</num><heading>Payments for surrender of expenditure credits</heading><subsection eId="section-31-1"><num>(1)</num><content><p><mod>In <ref eId="c00040" href="https://www.legislation.gov.uk/ukpga/2009/4/section/1042N">section 1042N</ref> of <ref eId="c00041" href="https://www.legislation.gov.uk/ukpga/2009/4/contents">CTA 2009</ref> (amounts surrendered to other group companies), after <ref eId="c00042" href="https://www.legislation.gov.uk/ukpga/2009/4/section/1042N">subsection (4)</ref> insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><subsection><num>(5)</num><intro><p>Subsection <ref href="#d28e7489">(6)</ref> applies (in addition to subsection (3)) if—</p></intro><level class="para1"><num>(a)</num><content><p>the qualifying company and the other group member have an agreement between them in relation to the surrendering of amounts of expenditure credit, and</p></content></level><level class="para1"><num>(b)</num><content><p>as a result of the agreement the other group member makes a payment to the qualifying company that does not exceed the total amount of expenditure credit surrendered to the other group member.</p></content></level></subsection><subsection><num>(6)</num><intro><p>The payment is not to be—</p></intro><level class="para1"><num>(a)</num><content><p>taken into account in determining, for corporation tax purposes, the profits of the qualifying company or the other group member, or</p></content></level><level class="para1"><num>(b)</num><content><p>regarded for corporation tax purposes as a distribution.</p></content></level></subsection></quotedStructure></mod></p></content></subsection><subsection eId="section-31-2"><num>(2)</num><content><p><mod>In <ref eId="c00043" href="https://www.legislation.gov.uk/ukpga/2009/4/section/1179CE">section 1179CE</ref> of <ref eId="c00044" href="https://www.legislation.gov.uk/ukpga/2009/4/contents">CTA 2009</ref> (amounts surrendered to other group companies), after <ref eId="c00045" href="https://www.legislation.gov.uk/ukpga/2009/4/section/1179CE">subsection (4)</ref> insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><subsection><num>(5)</num><intro><p>Subsection <ref href="#d28e7489">(6)</ref> applies (in addition to subsection (3)) if—</p></intro><level class="para1"><num>(a)</num><content><p>the qualifying company and the other group member have an agreement between them in relation to the surrendering of amounts of expenditure credit, and</p></content></level><level class="para1"><num>(b)</num><content><p>as a result of the agreement the other group member makes a payment to the qualifying company that does not exceed the total amount of expenditure credit surrendered to the other group member.</p></content></level></subsection><subsection eId="d28e7489"><num>(6)</num><intro><p>The payment is not to be—</p></intro><level class="para1"><num>(a)</num><content><p>taken into account in determining, for corporation tax purposes, the profits of the qualifying company or the other group member, or</p></content></level><level class="para1"><num>(b)</num><content><p>regarded for corporation tax purposes as a distribution.</p></content></level></subsection></quotedStructure></mod></p></content></subsection><subsection eId="section-31-3"><num>(3)</num><content><p>The amendments made by <ref href="#section-31">this section</ref> have effect in relation to payments made on or after 26 November 2025.</p></content></subsection></section><section eId="section-32"><num>32</num><heading>Transition from video games tax relief</heading><subsection eId="section-32-1"><num>(1)</num><content><p><ref eId="c00046" href="https://www.legislation.gov.uk/ukpga/2024/3/schedule/2">Schedule 2</ref> to <ref eId="c00047" href="https://www.legislation.gov.uk/ukpga/2024/3/contents">FA 2024</ref> (expenditure credits for films, television programmes and video games) is amended as follows.</p></content></subsection><subsection eId="section-32-2"><num>(2)</num><content><p><mod>After <ref eId="c00048" href="https://www.legislation.gov.uk/ukpga/2024/3/schedule/2/paragraph/24">paragraph 24</ref> insert—<quotedStructure startQuote="“" endQuote="”" uk:context="schedule" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="schedule" ukl:Format="double"><hcontainer name="crossheading" class="schGroup7"><heading>Calculation of expenditure credit where company previously benefiting from video games tax relief</heading><paragraph eId="d28e7547" class="schProv1"><num>24A</num><subparagraph><num>(1)</num><intro><p>Sub-paragraph <ref href="#d28e7572">(2)</ref> applies if—</p></intro><level class="para1"><num>(a)</num><content><p>a company makes an election under section 1179B(1) of CTA 2009 in relation to a video game in its company tax return for an accounting period, and</p></content></level><level class="para1"><num>(b)</num><content><p>in an earlier accounting period, the company was entitled to, and claimed, special video games relief (within the meaning of section 1217E(1) of CTA 2009) in respect of that video game.</p></content></level></subparagraph><subparagraph eId="d28e7572"><num>(2)</num><content><p><mod>Section 1179CA(1) of CTA 2009 (amount of expenditure credit) has effect as if for Step 2 there were substituted—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><item><p><i>Step 2</i></p><p>Deduct from that total the sum of—</p><blockList class="ordered alpha parens" ukl:Name="OrderedList" ukl:Type="alpha" ukl:Decoration="parens"><item><num>(a)</num><p>so much of that expenditure as was incurred in accounting periods before the opt-in period and that is not European expenditure (within the meaning of section 1217AE), and</p></item><item><num>(b)</num><p>so much of that expenditure as was incurred in the opt-in period or any later accounting period and that is not UK expenditure (see section 1179AB).</p></item></blockList></item></quotedStructure></mod></p></content></subparagraph></paragraph></hcontainer></quotedStructure></mod></p></content></subsection><subsection eId="section-32-3"><num>(3)</num><content><p><mod>In paragraph 18 (opting into new regime during transitional period), in sub-paragraph (5)(b), for “24” substitute <quotedText>“<ref href="#d28e7547">24A</ref>”</quotedText>.</mod></p></content></subsection><subsection eId="section-32-4"><num>(4)</num><content><p>The amendments made by this section have effect in relation to elections made under section 1179B(1) of CTA 2009 in relation to any opt-in period commencing on or after 26 November 2025.</p></content></subsection></section><section eId="section-33"><num>33</num><heading>Special credit for visual effects</heading><subsection eId="section-33-1"><num>(1)</num><content><p><ref eId="c00049" href="https://www.legislation.gov.uk/ukpga/2009/4/section/1179EC">Section 1179EC</ref> of <ref eId="c00050" href="https://www.legislation.gov.uk/ukpga/2009/4/contents">CTA 2009</ref> (special credit for visual effects) is amended as follows.</p></content></subsection><subsection eId="section-33-2"><num>(2)</num><intro><p>In subsection (2)—</p></intro><level class="para1" eId="section-33-2-a"><num>(a)</num><content><p>omit the “and” after paragraph (a),</p></content></level><level class="para1" eId="section-33-2-b"><num>(b)</num><content><p><mod>after that paragraph insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><level class="para1"><num>(aa)</num><content><p>a claim for Chapter 3 credit has been made for the last accounting period in the AVEC period (which may be the claim period) in which the company incurred relevant global expenditure (see section 1179CA(2)) that is UK expenditure (see section 1179AB), and</p></content></level></quotedStructure><inline name="appendText">, and</inline></mod></p></content></level><level class="para1" eId="section-33-2-c"><num>(c)</num><intro><p>in paragraph (b)—</p></intro><level class="para2" eId="section-33-2-c-i"><num>(i)</num><content><p>omit “where a claim has been made for Chapter 3 credit (whether for the claim period or earlier),”, and</p></content></level><level class="para2" eId="section-33-2-c-ii"><num>(ii)</num><content><p><mod>for “such claims” substitute <quotedText>“Chapter 3 credit claims in respect of the film or television programme”</quotedText>.</mod></p></content></level></level></subsection><subsection eId="section-33-3"><num>(3)</num><content><p><mod>In subsection (3)(b) for paragraph (i) substitute—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><level class="para2"><num>(i)</num><content><p>the adjusted VFX portion of Chapter 3 credits claimed in respect of the film or television programme, and</p></content></level></quotedStructure><inline name="appendText">.</inline></mod></p></content></subsection><subsection eId="section-33-4"><num>(4)</num><intro><p>In subsection (4)—</p></intro><level class="para1" eId="section-33-4-a"><num>(a)</num><content><p><mod>in the words before Step 1, for “previously claimed Chapter 3 credits” substitute <quotedText>“Chapter 3 credits claimed in respect of the film or television programme”</quotedText>, and</mod></p></content></level><level class="para1" eId="section-33-4-b"><num>(b)</num><intro><p>in Step 1—</p></intro><level class="para2" eId="section-33-4-b-i"><num>(i)</num><content><p>in the words before paragraph (a) omit “(see section 1179CA(2))”, and</p></content></level><level class="para2" eId="section-33-4-b-ii"><num>(ii)</num><content><p>in that paragraph omit “(see section 1179AB)”.</p></content></level></level></subsection><subsection eId="section-33-5"><num>(5)</num><content><p><mod>After <ref eId="c00051" href="https://www.legislation.gov.uk/ukpga/2009/4/section/1179EC">subsection (6)</ref> insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><subsection eId="d28e7738"><num>(6A)</num><intro><p>Where a production company has claimed an additional amount of audiovisual expenditure credit for an accounting period and makes a claim for Chapter 3 credit for a subsequent accounting period—</p></intro><level class="para1"><num>(a)</num><content><p>the additional amount is to be calculated for that subsequent accounting period, and</p></content></level><level class="para1" eId="d28e7750"><num>(b)</num><content><p>if that additional amount is negative, the amount of Chapter 3 credit to which the company is entitled for that period is to be reduced by the additional amount.</p></content></level></subsection><subsection><num>(6B)</num><intro><p>Where Chapter 3 credit claimed by a company for an accounting period is reduced as a result of subsection <ref href="#d28e7738">(6A)</ref><ref href="#d28e7750">(b)</ref>, for the purposes of the application of subsections (3) and (4) in relation to the company for any subsequent accounting period—</p></intro><level class="para1"><num>(a)</num><content><p>the sum of the additional amounts of audiovisual expenditure credit previously claimed (as referred to in subsection (3)(b)(ii)) is to be reduced by the additional amount referred to in <ref href="#d28e7738">subsection (6A)</ref><ref href="#d28e7750">(b)</ref>, and</p></content></level><level class="para1"><num>(b)</num><content><p>in determining the sum of Chapter 3 credits claimed by the production company for the purposes of Step 4 in subsection (4), ignore the reduction of any Chapter 3 credit resulting from the application of <ref href="#d28e7738">subsection (6A)</ref><ref href="#d28e7750">(b)</ref>.</p></content></level></subsection></quotedStructure></mod></p></content></subsection><subsection eId="section-33-6"><num>(6)</num><content><p>The amendments made by this section have effect in relation to any claim made for Chapter 3 credit, or an additional amount of audiovisual expenditure credit, for accounting periods beginning on or after 26 November 2025.</p></content></subsection></section><section eId="section-34"><num>34</num><heading>R&D undertaken abroad: Chapter 2 relief only</heading><subsection eId="section-34-1"><num>(1)</num><content><p><mod>In section 1138A(1)(b) of CTA 2009, at beginning insert <quotedText>“for the purposes of relief under Chapter 2”</quotedText>.</mod></p></content></subsection><subsection eId="section-34-2"><num>(2)</num><content><p>The amendment made by subsection (1) has effect in relation to claims made on or after 30 October 2024.</p></content></subsection></section></hcontainer>
<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-28"><num>28</num><heading>Main rate of writing-down allowances for expenditure on plant or machinery</heading><subsection eId="section-28-1"><num>(1)</num><content><p><mod>In section 56 of CAA 2001 (amount of plant and machinery allowances), in subsection (1) (which specifies the main rate of writing-down allowances), for “18%” substitute <quotedText>“14%”</quotedText>.</mod></p></content></subsection><subsection eId="section-28-2"><num>(2)</num><intro><p>The amendment made by subsection (1) has effect in relation to chargeable periods beginning on or after the relevant day, that is to say—</p></intro><level class="para1" eId="section-28-2-a"><num>(a)</num><content><p>for corporation tax purposes, 1 April 2026, and</p></content></level><level class="para1" eId="section-28-2-b"><num>(b)</num><content><p>for income tax purposes, 6 April 2026.</p></content></level></subsection><subsection eId="section-28-3"><num>(3)</num><content><p>The amendment made by subsection (1) also has effect in relation to chargeable periods beginning before and ending on or after the relevant day but as if the reference to 14% were a reference instead to X%.</p></content></subsection><subsection eId="section-28-4"><num>(4)</num><content><p>For this purpose X is found by adding (18 x BRD/CP) to (14 x ARD/CP).</p></content></subsection><subsection eId="section-28-5"><num>(5)</num><content><p>Where X would be a figure with more than 2 decimal places, it is to be rounded up to the nearest second decimal place.</p></content></subsection><subsection eId="section-28-6"><num>(6)</num><intro><p>In subsection <ref href="#section-28-4">(4)</ref>—</p></intro><hcontainer name="definition"><content><p>“<term refersTo="#term-brd" eId="term-brd">BRD</term>” means the number of days in the chargeable period before the relevant day,</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-ard" eId="term-ard">ARD</term>” means the number of days in the chargeable period on and after the relevant day, and</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-cp" eId="term-cp">CP</term>” means the number of days in the chargeable period.</p></content></hcontainer></subsection></section>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-28-1"><num>(1)</num><content><p><mod>In section 56 of CAA 2001 (amount of plant and machinery allowances), in subsection (1) (which specifies the main rate of writing-down allowances), for “18%” substitute <quotedText>“14%”</quotedText>.</mod></p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-28-2"><num>(2)</num><intro><p>The amendment made by subsection (1) has effect in relation to chargeable periods beginning on or after the relevant day, that is to say—</p></intro><level class="para1" eId="section-28-2-a"><num>(a)</num><content><p>for corporation tax purposes, 1 April 2026, and</p></content></level><level class="para1" eId="section-28-2-b"><num>(b)</num><content><p>for income tax purposes, 6 April 2026.</p></content></level></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-28-2-a"><num>(a)</num><content><p>for corporation tax purposes, 1 April 2026, and</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-28-2-b"><num>(b)</num><content><p>for income tax purposes, 6 April 2026.</p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-28-3"><num>(3)</num><content><p>The amendment made by subsection (1) also has effect in relation to chargeable periods beginning before and ending on or after the relevant day but as if the reference to 14% were a reference instead to X%.</p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-28-4"><num>(4)</num><content><p>For this purpose X is found by adding (18 x BRD/CP) to (14 x ARD/CP).</p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-28-5"><num>(5)</num><content><p>Where X would be a figure with more than 2 decimal places, it is to be rounded up to the nearest second decimal place.</p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-28-6"><num>(6)</num><intro><p>In subsection <ref href="#section-28-4">(4)</ref>—</p></intro><hcontainer name="definition"><content><p>“<term refersTo="#term-brd" eId="term-brd">BRD</term>” means the number of days in the chargeable period before the relevant day,</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-ard" eId="term-ard">ARD</term>” means the number of days in the chargeable period on and after the relevant day, and</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-cp" eId="term-cp">CP</term>” means the number of days in the chargeable period.</p></content></hcontainer></subsection>
<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" xmlns:default="http://www.w3.org/1999/xhtml" eId="section-29"><num>29</num><heading>First-year allowance for main rate expenditure on plant or machinery</heading><subsection eId="section-29-1"><num>(1)</num><content><p>Part 2 of CAA 2001 (plant and machinery allowances) is amended as follows.</p></content></subsection><subsection eId="section-29-2"><num>(2)</num><content><p><mod>In section 39 (first-year allowances available for certain types of qualifying expenditure only), after the entry relating to section 45S insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><tblock class="table" ukl:Orientation="portrait"><foreign><default:table xmlns="http://www.w3.org/1999/xhtml"><default:colgroup><default:col span="1" style="width:20%"/><default:col span="1" style="width:80%"/></default:colgroup><default:tbody><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">section 45U</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">expenditure on plant or machinery in cases not falling within section 45S etc</p></default:td></default:tr></default:tbody></default:table></foreign></tblock></quotedStructure><inline name="appendText">.</inline></mod></p></content></subsection><subsection eId="section-29-3"><num>(3)</num><content><p><mod>After section 45T insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><section><num>45U</num><heading>Expenditure on plant or machinery in cases not falling with section 45S etc</heading><intro><p>Expenditure is first-year qualifying expenditure if—</p></intro><level class="para1"><num>(a)</num><content><p>it is incurred on or after 1 January 2026,</p></content></level><level class="para1"><num>(b)</num><content><p>it is not special rate expenditure,</p></content></level><level class="para1"><num>(c)</num><content><p>it is expenditure on plant or machinery which is unused and not second-hand, and</p></content></level><level class="para1"><num>(d)</num><content><p>it is not excluded by section 45V (exclusion of expenditure under disqualifying arrangements) or 46 (general exclusions).</p></content></level></section><section><num>45V</num><heading>Exclusion of expenditure incurred under disqualifying arrangements</heading><subsection><num>(1)</num><content><p>Expenditure is not first-year qualifying expenditure under section 45U if the expenditure is incurred directly or indirectly in consequence of, or otherwise in connection with, disqualifying arrangements.</p></content></subsection><subsection><num>(2)</num><intro><p>Arrangements are “<term refersTo="#term-disqualifying-arrangements">disqualifying arrangements</term>” for the purposes of this section if—</p></intro><level class="para1"><num>(a)</num><content><p>the main purpose, or one of the main purposes, of the arrangements is to secure a tax advantage connected with expenditure being first-year qualifying expenditure under section 45U, and</p></content></level><level class="para1"><num>(b)</num><intro><p>it is reasonable, taking account of all the relevant circumstances—</p></intro><level class="para2"><num>(i)</num><content><p>to conclude that the arrangements are, or include steps that are, contrived, abnormal or lacking a genuine commercial purpose, or</p></content></level><level class="para2"><num>(ii)</num><content><p>to regard the arrangements as circumventing the intended limits of relief under this Act or otherwise exploiting shortcomings in this Act.</p></content></level></level></subsection><subsection><num>(3)</num><content><p>In this section “arrangements” include any agreement, understanding, scheme, transaction or series of transactions (whether or not legally enforceable).</p></content></subsection></section></quotedStructure></mod></p></content></subsection><subsection eId="section-29-4"><num>(4)</num><intro><p>In section 46 (general exclusions)—</p></intro><level class="para1" eId="section-29-4-a"><num>(a)</num><content><p><mod>in subsection (1), after the entry relating to section 45S insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><tblock class="table" ukl:Orientation="portrait"><foreign><default:table xmlns="http://www.w3.org/1999/xhtml"><default:colgroup><default:col span="1" style="width:20%"/><default:col span="1" style="width:80%"/></default:colgroup><default:tbody><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">section 45U</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">(expenditure on plant or machinery in cases not falling within section 45S etc)</p></default:td></default:tr></default:tbody></default:table></foreign></tblock></quotedStructure><inline name="appendText">, and</inline></mod></p></content></level><level class="para1" eId="section-29-4-b"><num>(b)</num><content><p><mod>after subsection (4A) insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><subsection><num>(4B)</num><intro><p>General exclusion 6 does not prevent expenditure being first-year qualifying expenditure under section 45U if—</p></intro><level class="para1"><num>(a)</num><content><p>the plant or machinery is provided for leasing to a lessee for use by the lessee wholly, or almost wholly, for the purpose of earning income which is within the charge to tax, or</p></content></level><level class="para1"><num>(b)</num><content><p>the plant or machinery is provided for leasing to a lessee who is resident in the United Kingdom where the circumstances are such that the plant or machinery is not for use (to a significant extent) by the lessee for the purpose of earning income which is from a source outside the United Kingdom and which is outside the charge to tax.</p></content></level></subsection><subsection><num>(4C)</num><intro><p>For the purposes of subsection (4B) income is to be regarded as being outside the charge to tax if the income arises to a person who under—</p></intro><level class="para1"><num>(a)</num><content><p>double taxation arrangements, or</p></content></level><level class="para1"><num>(b)</num><content><p>unilateral relief arrangements,</p></content></level><wrapUp><p>is afforded or is entitled to claim any relief from the tax chargeable on the income.</p></wrapUp></subsection><subsection><num>(4D)</num><content><p>For this purpose “<term refersTo="#term-double-taxation-arrangements">double taxation arrangements</term>” and “<term refersTo="#term-unilateral-relief-arrangements">unilateral relief arrangements</term>” have the same meaning as they have in Part 2 of the Taxation (International and Other Provisions) Act 2010 (see sections 2(4) and 8(1) respectively).</p></content></subsection><subsection><num>(4E)</num><content><p>For the purposes of subsection (4B) it is to be presumed that, unless the contrary is shown, a lessee has made every claim or election for relief from tax, and every claim or election for an exemption from tax, which the lessee is entitled to make.</p></content></subsection><subsection><num>(4F)</num><content><p>For the purposes of subsection (4B), if there is more than one lessee, references to the lessee are to each of the lessees.</p></content></subsection><subsection><num>(4G)</num><content><p>For the purposes of subsections (4B) to (4F), any reference to leasing or a lessee includes sub-leasing and a sub-lessee.</p></content></subsection></quotedStructure></mod></p></content></level></subsection><subsection eId="section-29-5"><num>(5)</num><content><p><mod>In section 52 (first-year allowances), in subsection (3), in the table, at the end insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><tblock class="table" ukl:Orientation="portrait"><foreign><default:table xmlns="http://www.w3.org/1999/xhtml"><default:colgroup><default:col style="width:75%"/><default:col style="width:25%"/></default:colgroup><default:tbody><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Expenditure qualifying under section 45U (expenditure on plant or machinery in cases not falling within section 45S etc)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">40%</p></default:td></default:tr></default:tbody></default:table></foreign></tblock></quotedStructure><inline name="appendText">.</inline></mod></p></content></subsection></section>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-29-1"><num>(1)</num><content><p>Part 2 of CAA 2001 (plant and machinery allowances) is amended as follows.</p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" xmlns:default="http://www.w3.org/1999/xhtml" eId="section-29-2"><num>(2)</num><content><p><mod>In section 39 (first-year allowances available for certain types of qualifying expenditure only), after the entry relating to section 45S insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><tblock class="table" ukl:Orientation="portrait"><foreign><default:table xmlns="http://www.w3.org/1999/xhtml"><default:colgroup><default:col span="1" style="width:20%"/><default:col span="1" style="width:80%"/></default:colgroup><default:tbody><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">section 45U</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">expenditure on plant or machinery in cases not falling within section 45S etc</p></default:td></default:tr></default:tbody></default:table></foreign></tblock></quotedStructure><inline name="appendText">.</inline></mod></p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="section-29-3"><num>(3)</num><content><p><mod>After section 45T insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><section><num>45U</num><heading>Expenditure on plant or machinery in cases not falling with section 45S etc</heading><intro><p>Expenditure is first-year qualifying expenditure if—</p></intro><level class="para1"><num>(a)</num><content><p>it is incurred on or after 1 January 2026,</p></content></level><level class="para1"><num>(b)</num><content><p>it is not special rate expenditure,</p></content></level><level class="para1"><num>(c)</num><content><p>it is expenditure on plant or machinery which is unused and not second-hand, and</p></content></level><level class="para1"><num>(d)</num><content><p>it is not excluded by section 45V (exclusion of expenditure under disqualifying arrangements) or 46 (general exclusions).</p></content></level></section><section><num>45V</num><heading>Exclusion of expenditure incurred under disqualifying arrangements</heading><subsection><num>(1)</num><content><p>Expenditure is not first-year qualifying expenditure under section 45U if the expenditure is incurred directly or indirectly in consequence of, or otherwise in connection with, disqualifying arrangements.</p></content></subsection><subsection><num>(2)</num><intro><p>Arrangements are “<term refersTo="#term-disqualifying-arrangements">disqualifying arrangements</term>” for the purposes of this section if—</p></intro><level class="para1"><num>(a)</num><content><p>the main purpose, or one of the main purposes, of the arrangements is to secure a tax advantage connected with expenditure being first-year qualifying expenditure under section 45U, and</p></content></level><level class="para1"><num>(b)</num><intro><p>it is reasonable, taking account of all the relevant circumstances—</p></intro><level class="para2"><num>(i)</num><content><p>to conclude that the arrangements are, or include steps that are, contrived, abnormal or lacking a genuine commercial purpose, or</p></content></level><level class="para2"><num>(ii)</num><content><p>to regard the arrangements as circumventing the intended limits of relief under this Act or otherwise exploiting shortcomings in this Act.</p></content></level></level></subsection><subsection><num>(3)</num><content><p>In this section “arrangements” include any agreement, understanding, scheme, transaction or series of transactions (whether or not legally enforceable).</p></content></subsection></section></quotedStructure></mod></p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" xmlns:default="http://www.w3.org/1999/xhtml" eId="section-29-4"><num>(4)</num><intro><p>In section 46 (general exclusions)—</p></intro><level class="para1" eId="section-29-4-a"><num>(a)</num><content><p><mod>in subsection (1), after the entry relating to section 45S insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><tblock class="table" ukl:Orientation="portrait"><foreign><default:table xmlns="http://www.w3.org/1999/xhtml"><default:colgroup><default:col span="1" style="width:20%"/><default:col span="1" style="width:80%"/></default:colgroup><default:tbody><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">section 45U</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">(expenditure on plant or machinery in cases not falling within section 45S etc)</p></default:td></default:tr></default:tbody></default:table></foreign></tblock></quotedStructure><inline name="appendText">, and</inline></mod></p></content></level><level class="para1" eId="section-29-4-b"><num>(b)</num><content><p><mod>after subsection (4A) insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><subsection><num>(4B)</num><intro><p>General exclusion 6 does not prevent expenditure being first-year qualifying expenditure under section 45U if—</p></intro><level class="para1"><num>(a)</num><content><p>the plant or machinery is provided for leasing to a lessee for use by the lessee wholly, or almost wholly, for the purpose of earning income which is within the charge to tax, or</p></content></level><level class="para1"><num>(b)</num><content><p>the plant or machinery is provided for leasing to a lessee who is resident in the United Kingdom where the circumstances are such that the plant or machinery is not for use (to a significant extent) by the lessee for the purpose of earning income which is from a source outside the United Kingdom and which is outside the charge to tax.</p></content></level></subsection><subsection><num>(4C)</num><intro><p>For the purposes of subsection (4B) income is to be regarded as being outside the charge to tax if the income arises to a person who under—</p></intro><level class="para1"><num>(a)</num><content><p>double taxation arrangements, or</p></content></level><level class="para1"><num>(b)</num><content><p>unilateral relief arrangements,</p></content></level><wrapUp><p>is afforded or is entitled to claim any relief from the tax chargeable on the income.</p></wrapUp></subsection><subsection><num>(4D)</num><content><p>For this purpose “<term refersTo="#term-double-taxation-arrangements">double taxation arrangements</term>” and “<term refersTo="#term-unilateral-relief-arrangements">unilateral relief arrangements</term>” have the same meaning as they have in Part 2 of the Taxation (International and Other Provisions) Act 2010 (see sections 2(4) and 8(1) respectively).</p></content></subsection><subsection><num>(4E)</num><content><p>For the purposes of subsection (4B) it is to be presumed that, unless the contrary is shown, a lessee has made every claim or election for relief from tax, and every claim or election for an exemption from tax, which the lessee is entitled to make.</p></content></subsection><subsection><num>(4F)</num><content><p>For the purposes of subsection (4B), if there is more than one lessee, references to the lessee are to each of the lessees.</p></content></subsection><subsection><num>(4G)</num><content><p>For the purposes of subsections (4B) to (4F), any reference to leasing or a lessee includes sub-leasing and a sub-lessee.</p></content></subsection></quotedStructure></mod></p></content></level></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" xmlns:default="http://www.w3.org/1999/xhtml" class="para1" eId="section-29-4-a"><num>(a)</num><content><p><mod>in subsection (1), after the entry relating to section 45S insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><tblock class="table" ukl:Orientation="portrait"><foreign><default:table xmlns="http://www.w3.org/1999/xhtml"><default:colgroup><default:col span="1" style="width:20%"/><default:col span="1" style="width:80%"/></default:colgroup><default:tbody><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">section 45U</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">(expenditure on plant or machinery in cases not falling within section 45S etc)</p></default:td></default:tr></default:tbody></default:table></foreign></tblock></quotedStructure><inline name="appendText">, and</inline></mod></p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" class="para1" eId="section-29-4-b"><num>(b)</num><content><p><mod>after subsection (4A) insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><subsection><num>(4B)</num><intro><p>General exclusion 6 does not prevent expenditure being first-year qualifying expenditure under section 45U if—</p></intro><level class="para1"><num>(a)</num><content><p>the plant or machinery is provided for leasing to a lessee for use by the lessee wholly, or almost wholly, for the purpose of earning income which is within the charge to tax, or</p></content></level><level class="para1"><num>(b)</num><content><p>the plant or machinery is provided for leasing to a lessee who is resident in the United Kingdom where the circumstances are such that the plant or machinery is not for use (to a significant extent) by the lessee for the purpose of earning income which is from a source outside the United Kingdom and which is outside the charge to tax.</p></content></level></subsection><subsection><num>(4C)</num><intro><p>For the purposes of subsection (4B) income is to be regarded as being outside the charge to tax if the income arises to a person who under—</p></intro><level class="para1"><num>(a)</num><content><p>double taxation arrangements, or</p></content></level><level class="para1"><num>(b)</num><content><p>unilateral relief arrangements,</p></content></level><wrapUp><p>is afforded or is entitled to claim any relief from the tax chargeable on the income.</p></wrapUp></subsection><subsection><num>(4D)</num><content><p>For this purpose “<term refersTo="#term-double-taxation-arrangements">double taxation arrangements</term>” and “<term refersTo="#term-unilateral-relief-arrangements">unilateral relief arrangements</term>” have the same meaning as they have in Part 2 of the Taxation (International and Other Provisions) Act 2010 (see sections 2(4) and 8(1) respectively).</p></content></subsection><subsection><num>(4E)</num><content><p>For the purposes of subsection (4B) it is to be presumed that, unless the contrary is shown, a lessee has made every claim or election for relief from tax, and every claim or election for an exemption from tax, which the lessee is entitled to make.</p></content></subsection><subsection><num>(4F)</num><content><p>For the purposes of subsection (4B), if there is more than one lessee, references to the lessee are to each of the lessees.</p></content></subsection><subsection><num>(4G)</num><content><p>For the purposes of subsections (4B) to (4F), any reference to leasing or a lessee includes sub-leasing and a sub-lessee.</p></content></subsection></quotedStructure></mod></p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" xmlns:default="http://www.w3.org/1999/xhtml" eId="section-29-5"><num>(5)</num><content><p><mod>In section 52 (first-year allowances), in subsection (3), in the table, at the end insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><tblock class="table" ukl:Orientation="portrait"><foreign><default:table xmlns="http://www.w3.org/1999/xhtml"><default:colgroup><default:col style="width:75%"/><default:col style="width:25%"/></default:colgroup><default:tbody><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Expenditure qualifying under section 45U (expenditure on plant or machinery in cases not falling within section 45S etc)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">40%</p></default:td></default:tr></default:tbody></default:table></foreign></tblock></quotedStructure><inline name="appendText">.</inline></mod></p></content></subsection>
<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-30"><num>30</num><heading>Expenditure on zero-emission cars and electric vehicle charging points</heading><intro><p>In—</p></intro><level class="para1" eId="section-30-a"><num>(a)</num><content><p>section 45D of CAA 2001 (expenditure on zero-emission cars), in subsection (1B)(a) and (b) (which specify the date on or before which expenditure must be incurred to qualify for a first-year allowance), and</p></content></level><level class="para1" eId="section-30-b"><num>(b)</num><content><p>section 45EA of that Act (expenditure on plant or machinery for electric vehicle charging point), in subsection (3)(a) and (b) (which specify the date on or before which expenditure must be incurred to qualify for a first-year allowance),</p></content></level><wrapUp><p><mod>for “2026” substitute <quotedText>“2027”</quotedText>.</mod></p></wrapUp></section>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-30-a"><num>(a)</num><content><p>section 45D of CAA 2001 (expenditure on zero-emission cars), in subsection (1B)(a) and (b) (which specify the date on or before which expenditure must be incurred to qualify for a first-year allowance), and</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-30-b"><num>(b)</num><content><p>section 45EA of that Act (expenditure on plant or machinery for electric vehicle charging point), in subsection (3)(a) and (b) (which specify the date on or before which expenditure must be incurred to qualify for a first-year allowance),</p></content></level>
<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="section-31"><num>31</num><heading>Payments for surrender of expenditure credits</heading><subsection eId="section-31-1"><num>(1)</num><content><p><mod>In <ref eId="c00040" href="https://www.legislation.gov.uk/ukpga/2009/4/section/1042N">section 1042N</ref> of <ref eId="c00041" href="https://www.legislation.gov.uk/ukpga/2009/4/contents">CTA 2009</ref> (amounts surrendered to other group companies), after <ref eId="c00042" href="https://www.legislation.gov.uk/ukpga/2009/4/section/1042N">subsection (4)</ref> insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><subsection><num>(5)</num><intro><p>Subsection <ref href="#d28e7489">(6)</ref> applies (in addition to subsection (3)) if—</p></intro><level class="para1"><num>(a)</num><content><p>the qualifying company and the other group member have an agreement between them in relation to the surrendering of amounts of expenditure credit, and</p></content></level><level class="para1"><num>(b)</num><content><p>as a result of the agreement the other group member makes a payment to the qualifying company that does not exceed the total amount of expenditure credit surrendered to the other group member.</p></content></level></subsection><subsection><num>(6)</num><intro><p>The payment is not to be—</p></intro><level class="para1"><num>(a)</num><content><p>taken into account in determining, for corporation tax purposes, the profits of the qualifying company or the other group member, or</p></content></level><level class="para1"><num>(b)</num><content><p>regarded for corporation tax purposes as a distribution.</p></content></level></subsection></quotedStructure></mod></p></content></subsection><subsection eId="section-31-2"><num>(2)</num><content><p><mod>In <ref eId="c00043" href="https://www.legislation.gov.uk/ukpga/2009/4/section/1179CE">section 1179CE</ref> of <ref eId="c00044" href="https://www.legislation.gov.uk/ukpga/2009/4/contents">CTA 2009</ref> (amounts surrendered to other group companies), after <ref eId="c00045" href="https://www.legislation.gov.uk/ukpga/2009/4/section/1179CE">subsection (4)</ref> insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><subsection><num>(5)</num><intro><p>Subsection <ref href="#d28e7489">(6)</ref> applies (in addition to subsection (3)) if—</p></intro><level class="para1"><num>(a)</num><content><p>the qualifying company and the other group member have an agreement between them in relation to the surrendering of amounts of expenditure credit, and</p></content></level><level class="para1"><num>(b)</num><content><p>as a result of the agreement the other group member makes a payment to the qualifying company that does not exceed the total amount of expenditure credit surrendered to the other group member.</p></content></level></subsection><subsection eId="d28e7489"><num>(6)</num><intro><p>The payment is not to be—</p></intro><level class="para1"><num>(a)</num><content><p>taken into account in determining, for corporation tax purposes, the profits of the qualifying company or the other group member, or</p></content></level><level class="para1"><num>(b)</num><content><p>regarded for corporation tax purposes as a distribution.</p></content></level></subsection></quotedStructure></mod></p></content></subsection><subsection eId="section-31-3"><num>(3)</num><content><p>The amendments made by <ref href="#section-31">this section</ref> have effect in relation to payments made on or after 26 November 2025.</p></content></subsection></section>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="section-31-1"><num>(1)</num><content><p><mod>In <ref eId="c00040" href="https://www.legislation.gov.uk/ukpga/2009/4/section/1042N">section 1042N</ref> of <ref eId="c00041" href="https://www.legislation.gov.uk/ukpga/2009/4/contents">CTA 2009</ref> (amounts surrendered to other group companies), after <ref eId="c00042" href="https://www.legislation.gov.uk/ukpga/2009/4/section/1042N">subsection (4)</ref> insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><subsection><num>(5)</num><intro><p>Subsection <ref href="#d28e7489">(6)</ref> applies (in addition to subsection (3)) if—</p></intro><level class="para1"><num>(a)</num><content><p>the qualifying company and the other group member have an agreement between them in relation to the surrendering of amounts of expenditure credit, and</p></content></level><level class="para1"><num>(b)</num><content><p>as a result of the agreement the other group member makes a payment to the qualifying company that does not exceed the total amount of expenditure credit surrendered to the other group member.</p></content></level></subsection><subsection><num>(6)</num><intro><p>The payment is not to be—</p></intro><level class="para1"><num>(a)</num><content><p>taken into account in determining, for corporation tax purposes, the profits of the qualifying company or the other group member, or</p></content></level><level class="para1"><num>(b)</num><content><p>regarded for corporation tax purposes as a distribution.</p></content></level></subsection></quotedStructure></mod></p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="section-31-2"><num>(2)</num><content><p><mod>In <ref eId="c00043" href="https://www.legislation.gov.uk/ukpga/2009/4/section/1179CE">section 1179CE</ref> of <ref eId="c00044" href="https://www.legislation.gov.uk/ukpga/2009/4/contents">CTA 2009</ref> (amounts surrendered to other group companies), after <ref eId="c00045" href="https://www.legislation.gov.uk/ukpga/2009/4/section/1179CE">subsection (4)</ref> insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><subsection><num>(5)</num><intro><p>Subsection <ref href="#d28e7489">(6)</ref> applies (in addition to subsection (3)) if—</p></intro><level class="para1"><num>(a)</num><content><p>the qualifying company and the other group member have an agreement between them in relation to the surrendering of amounts of expenditure credit, and</p></content></level><level class="para1"><num>(b)</num><content><p>as a result of the agreement the other group member makes a payment to the qualifying company that does not exceed the total amount of expenditure credit surrendered to the other group member.</p></content></level></subsection><subsection eId="d28e7489"><num>(6)</num><intro><p>The payment is not to be—</p></intro><level class="para1"><num>(a)</num><content><p>taken into account in determining, for corporation tax purposes, the profits of the qualifying company or the other group member, or</p></content></level><level class="para1"><num>(b)</num><content><p>regarded for corporation tax purposes as a distribution.</p></content></level></subsection></quotedStructure></mod></p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-31-3"><num>(3)</num><content><p>The amendments made by <ref href="#section-31">this section</ref> have effect in relation to payments made on or after 26 November 2025.</p></content></subsection>
<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="section-32"><num>32</num><heading>Transition from video games tax relief</heading><subsection eId="section-32-1"><num>(1)</num><content><p><ref eId="c00046" href="https://www.legislation.gov.uk/ukpga/2024/3/schedule/2">Schedule 2</ref> to <ref eId="c00047" href="https://www.legislation.gov.uk/ukpga/2024/3/contents">FA 2024</ref> (expenditure credits for films, television programmes and video games) is amended as follows.</p></content></subsection><subsection eId="section-32-2"><num>(2)</num><content><p><mod>After <ref eId="c00048" href="https://www.legislation.gov.uk/ukpga/2024/3/schedule/2/paragraph/24">paragraph 24</ref> insert—<quotedStructure startQuote="“" endQuote="”" uk:context="schedule" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="schedule" ukl:Format="double"><hcontainer name="crossheading" class="schGroup7"><heading>Calculation of expenditure credit where company previously benefiting from video games tax relief</heading><paragraph eId="d28e7547" class="schProv1"><num>24A</num><subparagraph><num>(1)</num><intro><p>Sub-paragraph <ref href="#d28e7572">(2)</ref> applies if—</p></intro><level class="para1"><num>(a)</num><content><p>a company makes an election under section 1179B(1) of CTA 2009 in relation to a video game in its company tax return for an accounting period, and</p></content></level><level class="para1"><num>(b)</num><content><p>in an earlier accounting period, the company was entitled to, and claimed, special video games relief (within the meaning of section 1217E(1) of CTA 2009) in respect of that video game.</p></content></level></subparagraph><subparagraph eId="d28e7572"><num>(2)</num><content><p><mod>Section 1179CA(1) of CTA 2009 (amount of expenditure credit) has effect as if for Step 2 there were substituted—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><item><p><i>Step 2</i></p><p>Deduct from that total the sum of—</p><blockList class="ordered alpha parens" ukl:Name="OrderedList" ukl:Type="alpha" ukl:Decoration="parens"><item><num>(a)</num><p>so much of that expenditure as was incurred in accounting periods before the opt-in period and that is not European expenditure (within the meaning of section 1217AE), and</p></item><item><num>(b)</num><p>so much of that expenditure as was incurred in the opt-in period or any later accounting period and that is not UK expenditure (see section 1179AB).</p></item></blockList></item></quotedStructure></mod></p></content></subparagraph></paragraph></hcontainer></quotedStructure></mod></p></content></subsection><subsection eId="section-32-3"><num>(3)</num><content><p><mod>In paragraph 18 (opting into new regime during transitional period), in sub-paragraph (5)(b), for “24” substitute <quotedText>“<ref href="#d28e7547">24A</ref>”</quotedText>.</mod></p></content></subsection><subsection eId="section-32-4"><num>(4)</num><content><p>The amendments made by this section have effect in relation to elections made under section 1179B(1) of CTA 2009 in relation to any opt-in period commencing on or after 26 November 2025.</p></content></subsection></section>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-32-1"><num>(1)</num><content><p><ref eId="c00046" href="https://www.legislation.gov.uk/ukpga/2024/3/schedule/2">Schedule 2</ref> to <ref eId="c00047" href="https://www.legislation.gov.uk/ukpga/2024/3/contents">FA 2024</ref> (expenditure credits for films, television programmes and video games) is amended as follows.</p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="section-32-2"><num>(2)</num><content><p><mod>After <ref eId="c00048" href="https://www.legislation.gov.uk/ukpga/2024/3/schedule/2/paragraph/24">paragraph 24</ref> insert—<quotedStructure startQuote="“" endQuote="”" uk:context="schedule" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="schedule" ukl:Format="double"><hcontainer name="crossheading" class="schGroup7"><heading>Calculation of expenditure credit where company previously benefiting from video games tax relief</heading><paragraph eId="d28e7547" class="schProv1"><num>24A</num><subparagraph><num>(1)</num><intro><p>Sub-paragraph <ref href="#d28e7572">(2)</ref> applies if—</p></intro><level class="para1"><num>(a)</num><content><p>a company makes an election under section 1179B(1) of CTA 2009 in relation to a video game in its company tax return for an accounting period, and</p></content></level><level class="para1"><num>(b)</num><content><p>in an earlier accounting period, the company was entitled to, and claimed, special video games relief (within the meaning of section 1217E(1) of CTA 2009) in respect of that video game.</p></content></level></subparagraph><subparagraph eId="d28e7572"><num>(2)</num><content><p><mod>Section 1179CA(1) of CTA 2009 (amount of expenditure credit) has effect as if for Step 2 there were substituted—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><item><p><i>Step 2</i></p><p>Deduct from that total the sum of—</p><blockList class="ordered alpha parens" ukl:Name="OrderedList" ukl:Type="alpha" ukl:Decoration="parens"><item><num>(a)</num><p>so much of that expenditure as was incurred in accounting periods before the opt-in period and that is not European expenditure (within the meaning of section 1217AE), and</p></item><item><num>(b)</num><p>so much of that expenditure as was incurred in the opt-in period or any later accounting period and that is not UK expenditure (see section 1179AB).</p></item></blockList></item></quotedStructure></mod></p></content></subparagraph></paragraph></hcontainer></quotedStructure></mod></p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-32-3"><num>(3)</num><content><p><mod>In paragraph 18 (opting into new regime during transitional period), in sub-paragraph (5)(b), for “24” substitute <quotedText>“<ref href="#d28e7547">24A</ref>”</quotedText>.</mod></p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-32-4"><num>(4)</num><content><p>The amendments made by this section have effect in relation to elections made under section 1179B(1) of CTA 2009 in relation to any opt-in period commencing on or after 26 November 2025.</p></content></subsection>
<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="section-33"><num>33</num><heading>Special credit for visual effects</heading><subsection eId="section-33-1"><num>(1)</num><content><p><ref eId="c00049" href="https://www.legislation.gov.uk/ukpga/2009/4/section/1179EC">Section 1179EC</ref> of <ref eId="c00050" href="https://www.legislation.gov.uk/ukpga/2009/4/contents">CTA 2009</ref> (special credit for visual effects) is amended as follows.</p></content></subsection><subsection eId="section-33-2"><num>(2)</num><intro><p>In subsection (2)—</p></intro><level class="para1" eId="section-33-2-a"><num>(a)</num><content><p>omit the “and” after paragraph (a),</p></content></level><level class="para1" eId="section-33-2-b"><num>(b)</num><content><p><mod>after that paragraph insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><level class="para1"><num>(aa)</num><content><p>a claim for Chapter 3 credit has been made for the last accounting period in the AVEC period (which may be the claim period) in which the company incurred relevant global expenditure (see section 1179CA(2)) that is UK expenditure (see section 1179AB), and</p></content></level></quotedStructure><inline name="appendText">, and</inline></mod></p></content></level><level class="para1" eId="section-33-2-c"><num>(c)</num><intro><p>in paragraph (b)—</p></intro><level class="para2" eId="section-33-2-c-i"><num>(i)</num><content><p>omit “where a claim has been made for Chapter 3 credit (whether for the claim period or earlier),”, and</p></content></level><level class="para2" eId="section-33-2-c-ii"><num>(ii)</num><content><p><mod>for “such claims” substitute <quotedText>“Chapter 3 credit claims in respect of the film or television programme”</quotedText>.</mod></p></content></level></level></subsection><subsection eId="section-33-3"><num>(3)</num><content><p><mod>In subsection (3)(b) for paragraph (i) substitute—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><level class="para2"><num>(i)</num><content><p>the adjusted VFX portion of Chapter 3 credits claimed in respect of the film or television programme, and</p></content></level></quotedStructure><inline name="appendText">.</inline></mod></p></content></subsection><subsection eId="section-33-4"><num>(4)</num><intro><p>In subsection (4)—</p></intro><level class="para1" eId="section-33-4-a"><num>(a)</num><content><p><mod>in the words before Step 1, for “previously claimed Chapter 3 credits” substitute <quotedText>“Chapter 3 credits claimed in respect of the film or television programme”</quotedText>, and</mod></p></content></level><level class="para1" eId="section-33-4-b"><num>(b)</num><intro><p>in Step 1—</p></intro><level class="para2" eId="section-33-4-b-i"><num>(i)</num><content><p>in the words before paragraph (a) omit “(see section 1179CA(2))”, and</p></content></level><level class="para2" eId="section-33-4-b-ii"><num>(ii)</num><content><p>in that paragraph omit “(see section 1179AB)”.</p></content></level></level></subsection><subsection eId="section-33-5"><num>(5)</num><content><p><mod>After <ref eId="c00051" href="https://www.legislation.gov.uk/ukpga/2009/4/section/1179EC">subsection (6)</ref> insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><subsection eId="d28e7738"><num>(6A)</num><intro><p>Where a production company has claimed an additional amount of audiovisual expenditure credit for an accounting period and makes a claim for Chapter 3 credit for a subsequent accounting period—</p></intro><level class="para1"><num>(a)</num><content><p>the additional amount is to be calculated for that subsequent accounting period, and</p></content></level><level class="para1" eId="d28e7750"><num>(b)</num><content><p>if that additional amount is negative, the amount of Chapter 3 credit to which the company is entitled for that period is to be reduced by the additional amount.</p></content></level></subsection><subsection><num>(6B)</num><intro><p>Where Chapter 3 credit claimed by a company for an accounting period is reduced as a result of subsection <ref href="#d28e7738">(6A)</ref><ref href="#d28e7750">(b)</ref>, for the purposes of the application of subsections (3) and (4) in relation to the company for any subsequent accounting period—</p></intro><level class="para1"><num>(a)</num><content><p>the sum of the additional amounts of audiovisual expenditure credit previously claimed (as referred to in subsection (3)(b)(ii)) is to be reduced by the additional amount referred to in <ref href="#d28e7738">subsection (6A)</ref><ref href="#d28e7750">(b)</ref>, and</p></content></level><level class="para1"><num>(b)</num><content><p>in determining the sum of Chapter 3 credits claimed by the production company for the purposes of Step 4 in subsection (4), ignore the reduction of any Chapter 3 credit resulting from the application of <ref href="#d28e7738">subsection (6A)</ref><ref href="#d28e7750">(b)</ref>.</p></content></level></subsection></quotedStructure></mod></p></content></subsection><subsection eId="section-33-6"><num>(6)</num><content><p>The amendments made by this section have effect in relation to any claim made for Chapter 3 credit, or an additional amount of audiovisual expenditure credit, for accounting periods beginning on or after 26 November 2025.</p></content></subsection></section>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-33-1"><num>(1)</num><content><p><ref eId="c00049" href="https://www.legislation.gov.uk/ukpga/2009/4/section/1179EC">Section 1179EC</ref> of <ref eId="c00050" href="https://www.legislation.gov.uk/ukpga/2009/4/contents">CTA 2009</ref> (special credit for visual effects) is amended as follows.</p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="section-33-2"><num>(2)</num><intro><p>In subsection (2)—</p></intro><level class="para1" eId="section-33-2-a"><num>(a)</num><content><p>omit the “and” after paragraph (a),</p></content></level><level class="para1" eId="section-33-2-b"><num>(b)</num><content><p><mod>after that paragraph insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><level class="para1"><num>(aa)</num><content><p>a claim for Chapter 3 credit has been made for the last accounting period in the AVEC period (which may be the claim period) in which the company incurred relevant global expenditure (see section 1179CA(2)) that is UK expenditure (see section 1179AB), and</p></content></level></quotedStructure><inline name="appendText">, and</inline></mod></p></content></level><level class="para1" eId="section-33-2-c"><num>(c)</num><intro><p>in paragraph (b)—</p></intro><level class="para2" eId="section-33-2-c-i"><num>(i)</num><content><p>omit “where a claim has been made for Chapter 3 credit (whether for the claim period or earlier),”, and</p></content></level><level class="para2" eId="section-33-2-c-ii"><num>(ii)</num><content><p><mod>for “such claims” substitute <quotedText>“Chapter 3 credit claims in respect of the film or television programme”</quotedText>.</mod></p></content></level></level></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-33-2-a"><num>(a)</num><content><p>omit the “and” after paragraph (a),</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" class="para1" eId="section-33-2-b"><num>(b)</num><content><p><mod>after that paragraph insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><level class="para1"><num>(aa)</num><content><p>a claim for Chapter 3 credit has been made for the last accounting period in the AVEC period (which may be the claim period) in which the company incurred relevant global expenditure (see section 1179CA(2)) that is UK expenditure (see section 1179AB), and</p></content></level></quotedStructure><inline name="appendText">, and</inline></mod></p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-33-2-c"><num>(c)</num><intro><p>in paragraph (b)—</p></intro><level class="para2" eId="section-33-2-c-i"><num>(i)</num><content><p>omit “where a claim has been made for Chapter 3 credit (whether for the claim period or earlier),”, and</p></content></level><level class="para2" eId="section-33-2-c-ii"><num>(ii)</num><content><p><mod>for “such claims” substitute <quotedText>“Chapter 3 credit claims in respect of the film or television programme”</quotedText>.</mod></p></content></level></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para2" eId="section-33-2-c-i"><num>(i)</num><content><p>omit “where a claim has been made for Chapter 3 credit (whether for the claim period or earlier),”, and</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para2" eId="section-33-2-c-ii"><num>(ii)</num><content><p><mod>for “such claims” substitute <quotedText>“Chapter 3 credit claims in respect of the film or television programme”</quotedText>.</mod></p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="section-33-3"><num>(3)</num><content><p><mod>In subsection (3)(b) for paragraph (i) substitute—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><level class="para2"><num>(i)</num><content><p>the adjusted VFX portion of Chapter 3 credits claimed in respect of the film or television programme, and</p></content></level></quotedStructure><inline name="appendText">.</inline></mod></p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-33-4"><num>(4)</num><intro><p>In subsection (4)—</p></intro><level class="para1" eId="section-33-4-a"><num>(a)</num><content><p><mod>in the words before Step 1, for “previously claimed Chapter 3 credits” substitute <quotedText>“Chapter 3 credits claimed in respect of the film or television programme”</quotedText>, and</mod></p></content></level><level class="para1" eId="section-33-4-b"><num>(b)</num><intro><p>in Step 1—</p></intro><level class="para2" eId="section-33-4-b-i"><num>(i)</num><content><p>in the words before paragraph (a) omit “(see section 1179CA(2))”, and</p></content></level><level class="para2" eId="section-33-4-b-ii"><num>(ii)</num><content><p>in that paragraph omit “(see section 1179AB)”.</p></content></level></level></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-33-4-a"><num>(a)</num><content><p><mod>in the words before Step 1, for “previously claimed Chapter 3 credits” substitute <quotedText>“Chapter 3 credits claimed in respect of the film or television programme”</quotedText>, and</mod></p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-33-4-b"><num>(b)</num><intro><p>in Step 1—</p></intro><level class="para2" eId="section-33-4-b-i"><num>(i)</num><content><p>in the words before paragraph (a) omit “(see section 1179CA(2))”, and</p></content></level><level class="para2" eId="section-33-4-b-ii"><num>(ii)</num><content><p>in that paragraph omit “(see section 1179AB)”.</p></content></level></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para2" eId="section-33-4-b-i"><num>(i)</num><content><p>in the words before paragraph (a) omit “(see section 1179CA(2))”, and</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para2" eId="section-33-4-b-ii"><num>(ii)</num><content><p>in that paragraph omit “(see section 1179AB)”.</p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="section-33-5"><num>(5)</num><content><p><mod>After <ref eId="c00051" href="https://www.legislation.gov.uk/ukpga/2009/4/section/1179EC">subsection (6)</ref> insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><subsection eId="d28e7738"><num>(6A)</num><intro><p>Where a production company has claimed an additional amount of audiovisual expenditure credit for an accounting period and makes a claim for Chapter 3 credit for a subsequent accounting period—</p></intro><level class="para1"><num>(a)</num><content><p>the additional amount is to be calculated for that subsequent accounting period, and</p></content></level><level class="para1" eId="d28e7750"><num>(b)</num><content><p>if that additional amount is negative, the amount of Chapter 3 credit to which the company is entitled for that period is to be reduced by the additional amount.</p></content></level></subsection><subsection><num>(6B)</num><intro><p>Where Chapter 3 credit claimed by a company for an accounting period is reduced as a result of subsection <ref href="#d28e7738">(6A)</ref><ref href="#d28e7750">(b)</ref>, for the purposes of the application of subsections (3) and (4) in relation to the company for any subsequent accounting period—</p></intro><level class="para1"><num>(a)</num><content><p>the sum of the additional amounts of audiovisual expenditure credit previously claimed (as referred to in subsection (3)(b)(ii)) is to be reduced by the additional amount referred to in <ref href="#d28e7738">subsection (6A)</ref><ref href="#d28e7750">(b)</ref>, and</p></content></level><level class="para1"><num>(b)</num><content><p>in determining the sum of Chapter 3 credits claimed by the production company for the purposes of Step 4 in subsection (4), ignore the reduction of any Chapter 3 credit resulting from the application of <ref href="#d28e7738">subsection (6A)</ref><ref href="#d28e7750">(b)</ref>.</p></content></level></subsection></quotedStructure></mod></p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-33-6"><num>(6)</num><content><p>The amendments made by this section have effect in relation to any claim made for Chapter 3 credit, or an additional amount of audiovisual expenditure credit, for accounting periods beginning on or after 26 November 2025.</p></content></subsection>
<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-34"><num>34</num><heading>R&D undertaken abroad: Chapter 2 relief only</heading><subsection eId="section-34-1"><num>(1)</num><content><p><mod>In section 1138A(1)(b) of CTA 2009, at beginning insert <quotedText>“for the purposes of relief under Chapter 2”</quotedText>.</mod></p></content></subsection><subsection eId="section-34-2"><num>(2)</num><content><p>The amendment made by subsection (1) has effect in relation to claims made on or after 30 October 2024.</p></content></subsection></section>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-34-1"><num>(1)</num><content><p><mod>In section 1138A(1)(b) of CTA 2009, at beginning insert <quotedText>“for the purposes of relief under Chapter 2”</quotedText>.</mod></p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-34-2"><num>(2)</num><content><p>The amendment made by subsection (1) has effect in relation to claims made on or after 30 October 2024.</p></content></subsection>
<hcontainer xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" name="crossheading" ukl:Name="Pblock" eId="part-1-crossheading-chargeable-gains"><heading>Chargeable gains</heading><section eId="section-35"><num>35</num><heading>Restriction of relief on disposals to employee-ownership trusts</heading><subsection eId="section-35-1"><num>(1)</num><content><p><ref eId="c00052" href="https://www.legislation.gov.uk/ukpga/1992/12/section/236H">Section 236H</ref> of <ref eId="c00053" href="https://www.legislation.gov.uk/ukpga/1992/12/contents">TCGA 1992</ref> (disposals to employee-ownership trusts) is amended as follows.</p></content></subsection><subsection eId="section-35-2"><num>(2)</num><content><p><mod>For <ref eId="c00054" href="https://www.legislation.gov.uk/ukpga/1992/12/section/236H">subsection (2)</ref> substitute—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><subsection><num>(2)</num><intro><p>Where this section applies, section 17(1) (disposals and acquisitions treated as made at market value) does not apply to the disposal and, taking account of that disapplication—</p></intro><level class="para1"><num>(a)</num><content><p>if a gain accrues, subsection <ref href="#d28e7869">(2A)</ref> applies, or</p></content></level><level class="para1"><num>(b)</num><content><p>if no gain accrues, subsection (3) applies.</p></content></level></subsection><subsection eId="d28e7869"><num>(2A)</num><intro><p>Where this subsection applies—</p></intro><level class="para1" eId="d28e7875"><num>(a)</num><content><p>only 50% of the gain is a chargeable gain,</p></content></level><level class="para1"><num>(b)</num><content><p>the disposal is not to be regarded as a qualifying business disposal for the purposes of Chapter 3 of Part 5 (business asset disposal relief),</p></content></level><level class="para1"><num>(c)</num><content><p>the ordinary share capital disposed of is to be regarded, immediately before the disposal, as comprised wholly of excluded shares for the purposes of Chapter 5 of that Part (investors’ relief), and</p></content></level><level class="para1"><num>(d)</num><content><p>the acquisition by the trustees is to be treated for the purposes of this Act as made for the consideration for the disposal less an amount equal to so much of the gain as is not a chargeable gain as a result of paragraph <ref href="#d28e7875">(a)</ref>.</p></content></level></subsection></quotedStructure></mod></p></content></subsection><subsection eId="section-35-3"><num>(3)</num><content><p><mod>In <ref eId="c00055" href="https://www.legislation.gov.uk/ukpga/1992/12/section/236H">subsection (3)</ref>, for “The”, in the first place it occurs, substitute <quotedText>“Where this subsection applies, the”</quotedText>.</mod></p></content></subsection><subsection eId="section-35-4"><num>(4)</num><content><p>The amendments made by this section have effect in relation to disposals made on or after 26 November 2025.</p></content></subsection></section><section eId="section-36"><num>36</num><heading>Anti-avoidance: collective investment scheme reconstructions</heading><subsection eId="section-36-1"><num>(1)</num><content><p>TCGA 1992 is amended as follows.</p></content></subsection><subsection eId="section-36-2"><num>(2)</num><content><p><mod>In section 103G (exchange of units for those in another collective investment scheme), in subsection (4), for “section 103K(1)” to the end of the subsection substitute <quotedText>“section 103K (anti-avoidance)”</quotedText>.</mod></p></content></subsection><subsection eId="section-36-3"><num>(3)</num><content><p><mod>In section 103H (scheme of reconstruction involving issue of units), in subsection (5), for “section 103K(1)” to the end of the subsection substitute <quotedText>“section 103K (anti-avoidance)”</quotedText>.</mod></p></content></subsection><subsection eId="section-36-4"><num>(4)</num><content><p><mod>In section 103I (scheme of reconstruction involving conversion scheme), in subsection (4), for “section 103K(1)” to the end of the subsection substitute <quotedText>“section 103K (anti-avoidance)”</quotedText>.</mod></p></content></subsection><subsection eId="section-36-5"><num>(5)</num><intro><p>In section 103K (restriction on application of sections 103G, 103H and 103I)—</p></intro><level class="para1" eId="section-36-5-a"><num>(a)</num><content><p><mod>at the end of the heading insert <quotedText>“: anti-avoidance”</quotedText>;</mod></p></content></level><level class="para1" eId="section-36-5-b"><num>(b)</num><content><p><mod>for subsection (1) substitute—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><subsection><num>(1)</num><content><p>This section applies in respect of arrangements relating to an exchange or scheme of reconstruction as regards which section 103G, 103H or 103I applies if the main purpose, or one of the main purposes, of the arrangements is to reduce or avoid liability to capital gains tax, corporation tax or income tax.</p></content></subsection><subsection><num>(1A)</num><content><p>Any such reduction or avoidance that would (in the absence of this section) arise from such arrangements is to be counteracted by the making of such adjustments as are just and reasonable (in light of the reduction or avoidance).</p></content></subsection><subsection><num>(1B)</num><content><p>This includes, in an appropriate case, disapplying section 103G, 103H or 103I insofar as is required to counteract the reduction or avoidance.</p></content></subsection><subsection><num>(1C)</num><intro><p>Any adjustments required to be made under this section (whether or not by an officer of Revenue and Customs) may be made by way of—</p></intro><level class="para1"><num>(a)</num><content><p>an assessment, or</p></content></level><level class="para1"><num>(b)</num><content><p>the modification of an assessment.</p></content></level></subsection></quotedStructure><inline name="appendText">;</inline></mod></p></content></level><level class="para1" eId="section-36-5-c"><num>(c)</num><content><p>omit subsections (2) and (3);</p></content></level><level class="para1" eId="section-36-5-d"><num>(d)</num><intro><p>in subsection (4)—</p></intro><level class="para2" eId="section-36-5-d-i"><num>(i)</num><content><p><mod>for “subsection (1) above” substitute <quotedText>“this section”</quotedText>;</mod></p></content></level><level class="para2" eId="section-36-5-d-ii"><num>(ii)</num><content><p><mod>in paragraph (a), after “chargeable participant” insert <quotedText>“as part of the exchange or scheme of reconstruction”</quotedText>;</mod></p></content></level></level><level class="para1" eId="section-36-5-e"><num>(e)</num><content><p><mod>after subsection (6) insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><subsection><num>(7)</num><content><p>In this section, “<term refersTo="#term-arrangements">arrangements</term>” includes any agreement, understanding, scheme, transaction or series of transactions (whether or not legally enforceable).</p></content></subsection></quotedStructure></mod></p></content></level></subsection><subsection eId="section-36-6"><num>(6)</num><content><p>The amendments made by this section have effect in relation to arrangements involving an issue of units in a collective investment scheme on or after 26 November 2025.</p></content></subsection><subsection eId="section-36-7"><num>(7)</num><intro><p>But those amendments do not have effect in a case where—</p></intro><level class="para1" eId="section-36-7-a"><num>(a)</num><content><p>a participant in a collective investment scheme has made an application under section 138(1) of TCGA 1992 (as applied by section 103K(6) of that Act) before 26 November 2025,</p></content></level><level class="para1" eId="section-36-7-b"><num>(b)</num><content><p>the Commissioners for His Majesty’s Revenue and Customs have notified the participant of their satisfaction, or the tribunal has notified the participant of its satisfaction, in relation to the application under <ref eId="c00056" href="https://www.legislation.gov.uk/ukpga/1992/12/section/138">section 138</ref><ref eId="c00057" href="https://www.legislation.gov.uk/ukpga/1992/12/section/138">(1)</ref> or <ref eId="c00058" href="https://www.legislation.gov.uk/ukpga/1992/12/section/138">(4)</ref> of <ref eId="c00059" href="https://www.legislation.gov.uk/ukpga/1992/12/contents">TCGA 1992</ref>, and</p></content></level><level class="para1" eId="section-36-7-c"><num>(c)</num><content><p>the issue of units in a collective investment scheme in respect of which the application was made occurs before 26 January 2026 or, if later, before the end of the period of 60 days beginning with the day on which the notification mentioned in <ref href="#section-36-7-b">paragraph (b)</ref> was made.</p></content></level></subsection></section><section eId="section-37"><num>37</num><heading>Anti-avoidance: company reconstructions</heading><subsection eId="section-37-1"><num>(1)</num><content><p>TCGA 1992 is amended as follows.</p></content></subsection><subsection eId="section-37-2"><num>(2)</num><content><p><mod>In section 135 (exchange of securities for those in another company), in subsection (6), for “section 137(1)” to the end of the subsection substitute <quotedText>“section 137 (anti-avoidance)”</quotedText>.</mod></p></content></subsection><subsection eId="section-37-3"><num>(3)</num><content><p><mod>In section 136 (scheme of reconstruction involving issue of securities), in subsection (6), for “section 137(1)” to the end of the subsection substitute <quotedText>“section 137 (anti-avoidance)”</quotedText>.</mod></p></content></subsection><subsection eId="section-37-4"><num>(4)</num><intro><p>In section 137 (restriction on company reconstruction provisions)—</p></intro><level class="para1" eId="section-37-4-a"><num>(a)</num><content><p><mod>at the end of the heading insert <quotedText>“: anti-avoidance”</quotedText>;</mod></p></content></level><level class="para1" eId="section-37-4-b"><num>(b)</num><content><p><mod>for subsection (1) substitute—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><subsection><num>(1)</num><content><p>This section applies in respect of arrangements relating to an exchange or scheme of reconstruction as regards which section 135 or 136 applies if the main purpose, or one of the main purposes, of the arrangements is to reduce or avoid liability to capital gains tax or corporation tax.</p></content></subsection><subsection><num>(1A)</num><content><p>Any such reduction or avoidance that would (in the absence of this section) arise from such arrangements is to be counteracted by the making of such adjustments as are just and reasonable (in light of the reduction or avoidance).</p></content></subsection><subsection><num>(1B)</num><content><p>This includes, in an appropriate case, disapplying section 135 or 136 insofar as is required to counteract the reduction or avoidance.</p></content></subsection><subsection><num>(1C)</num><intro><p>Any adjustments required to be made under this section (whether or not by an officer of Revenue and Customs) may be made by way of—</p></intro><level class="para1"><num>(a)</num><content><p>an assessment, or</p></content></level><level class="para1"><num>(b)</num><content><p>the modification of an assessment.</p></content></level></subsection></quotedStructure><inline name="appendText">;</inline></mod></p></content></level><level class="para1" eId="section-37-4-c"><num>(c)</num><content><p>omit subsections (2) and (3);</p></content></level><level class="para1" eId="section-37-4-d"><num>(d)</num><intro><p>in subsection (4)—</p></intro><level class="para2" eId="section-37-4-d-i"><num>(i)</num><content><p><mod>for “subsection (1) above” substitute <quotedText>“this section”</quotedText>;</mod></p></content></level><level class="para2" eId="section-37-4-d-ii"><num>(ii)</num><content><p><mod>in paragraph (a), after “chargeable person” insert <quotedText>“as part of the exchange or scheme of reconstruction”</quotedText>;</mod></p></content></level></level><level class="para1" eId="section-37-4-e"><num>(e)</num><content><p><mod>after subsection (6) insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><subsection><num>(7)</num><content><p>In this section, “<term refersTo="#term-arrangements">arrangements</term>” includes any agreement, understanding, scheme, transaction or series of transactions (whether or not legally enforceable).</p></content></subsection></quotedStructure></mod></p></content></level></subsection><subsection eId="section-37-5"><num>(5)</num><intro><p>In section 138 (procedure for clearance in advance)—</p></intro><level class="para1" eId="section-37-5-a"><num>(a)</num><intro><p>in subsection (1)—</p></intro><level class="para2" eId="section-37-5-a-i"><num>(i)</num><content><p><mod>for “shall not affect the operation of section 135 or 136” substitute <quotedText>“does not apply”</quotedText>;</mod></p></content></level><level class="para2" eId="section-37-5-a-ii"><num>(ii)</num><content><p><mod>after “the issue” insert <quotedText>“of shares or debentures mentioned in section 135(1) or 136(1)”</quotedText>;</mod></p></content></level><level class="para2" eId="section-37-5-a-iii"><num>(iii)</num><content><p><mod>for “section 137(1)”, in the first place it appears, substitute <quotedText>“section 135(1) or 136(1)”</quotedText>;</mod></p></content></level><level class="para2" eId="section-37-5-a-iv"><num>(iv)</num><content><p><mod>for “for bona fide” to the end of the subsection substitute <quotedText>“without arrangements in respect of which section 137 applies.”</quotedText>;</mod></p></content></level></level><level class="para1" eId="section-37-5-b"><num>(b)</num><content><p><mod>after subsection (5) insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><subsection><num>(6)</num><content><p>In this section, references to shares or debentures include references to any interests or options to which this Chapter applies by virtue of section 135(5), 136(5) or 147.</p></content></subsection></quotedStructure></mod></p></content></level></subsection><subsection eId="section-37-6"><num>(6)</num><content><p>The amendments made by this section have effect in relation to arrangements involving an issue of shares in, or debentures of, a company on or after 26 November 2025.</p></content></subsection><subsection eId="section-37-7"><num>(7)</num><intro><p>But those do not have effect in a case where—</p></intro><level class="para1" eId="section-37-7-a"><num>(a)</num><content><p>a company has made an application under section 138(1) of TCGA 1992 before 26 November 2025,</p></content></level><level class="para1" eId="section-37-7-b"><num>(b)</num><content><p>the Commissioners for His Majesty’s Revenue and Customs have notified the company of their satisfaction, or the tribunal has notified the company of its satisfaction, in relation to the application under <ref eId="c00060" href="https://www.legislation.gov.uk/ukpga/1992/12/section/138">section 138</ref><ref eId="c00061" href="https://www.legislation.gov.uk/ukpga/1992/12/section/138">(1)</ref> or <ref eId="c00062" href="https://www.legislation.gov.uk/ukpga/1992/12/section/138">(4)</ref> of <ref eId="c00063" href="https://www.legislation.gov.uk/ukpga/1992/12/contents">TCGA 1992</ref>, and</p></content></level><level class="para1" eId="section-37-7-c"><num>(c)</num><content><p>the issue of shares or debentures in respect of which the application was made occurs before 26 January 2026 or, if later, before the end of the period of 60 days beginning with the day on which notification mentioned in <ref href="#section-37-7-b">paragraph (b)</ref> was made.</p></content></level></subsection></section><section eId="section-38"><num>38</num><heading>Anti-avoidance: reconstructions involving transfer of business</heading><subsection eId="section-38-1"><num>(1)</num><intro><p>In section 139 (reconstruction involving transfer of business)—</p></intro><level class="para1" eId="section-38-1-a"><num>(a)</num><content><p><mod>after subsection (4) insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><subsection eId="d28e8372"><num>(4A)</num><content><p>Subsection (4B) applies in respect of arrangements relating to a reconstruction as regards which this section applies if the main purpose, or one of the main purposes, of the arrangements is to reduce or avoid liability to capital gains tax, corporation tax or income tax.</p></content></subsection><subsection eId="d28e8378"><num>(4B)</num><content><p>Any such reduction or avoidance that would (in the absence of this subsection) arise from such arrangements is to be counteracted by the making of such adjustments as are just and reasonable (in light of the reduction or avoidance).</p></content></subsection><subsection><num>(4C)</num><content><p>This includes, in an appropriate case, disapplying this section insofar as is required to counteract the reduction or avoidance.</p></content></subsection><subsection eId="d28e8390"><num>(4D)</num><intro><p>Any adjustments required to be made under <ref href="#d28e8378">subsection (4B)</ref> (whether or not by an officer of Revenue and Customs) may be made by way of—</p></intro><level class="para1"><num>(a)</num><content><p>an assessment, or</p></content></level><level class="para1"><num>(b)</num><content><p>the modification of an assessment.</p></content></level></subsection></quotedStructure></mod></p></content></level><level class="para1" eId="section-38-1-b"><num>(b)</num><intro><p>in subsection (5)—</p></intro><level class="para2" eId="section-38-1-b-i"><num>(i)</num><content><p><mod>for the words from the beginning of the subsection to “operation of this section” substitute <quotedText>“Subsections <ref href="#d28e8372">(4A)</ref> to <ref href="#d28e8390">(4D)</ref> do not apply”</quotedText>;</mod></p></content></level><level class="para2" eId="section-38-1-b-ii"><num>(ii)</num><content><p><mod>for “for bona fide” to the end of the first sentence substitute <quotedText>“without arrangements in respect of which <ref href="#d28e8378">subsection (4B)</ref> applies.”</quotedText>;</mod></p></content></level></level><level class="para1" eId="section-38-1-c"><num>(c)</num><content><p><mod>in subsections (6) and (7), for “subsection (5)” substitute <quotedText>“<ref href="#d28e8378">subsection (4B)</ref>”</quotedText>;</mod></p></content></level><level class="para1" eId="section-38-1-d"><num>(d)</num><content><p><mod>after subsection (9) insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><subsection><num>(10)</num><content><p>In this section, “<term refersTo="#term-arrangements">arrangements</term>” includes any agreement, understanding, scheme, transaction or series of transactions (whether or not legally enforceable).</p></content></subsection></quotedStructure></mod></p></content></level></subsection><subsection eId="section-38-2"><num>(2)</num><content><p>The amendments made by this section have effect in relation to arrangements involving the transfer of assets of a business on or after 26 November 2025.</p></content></subsection><subsection eId="section-38-3"><num>(3)</num><intro><p>But this section does not have effect in relation to a case where—</p></intro><level class="para1" eId="section-38-3-a"><num>(a)</num><content><p>a company has made an application under section 139(5) of TCGA 1992 before 26 November 2025,</p></content></level><level class="para1" eId="section-38-3-b"><num>(b)</num><content><p>the Commissioners for His Majesty’s Revenue and Customs have notified the company of their satisfaction under that subsection, or the tribunal has notified the company of its satisfaction under section 138(4) of TCGA 1992 (as applied by section 139(5) of that Act), in relation to the application, and</p></content></level><level class="para1" eId="section-38-3-c"><num>(c)</num><content><p>the transfer of assets in respect of which the application was made occurs before 26 January 2026 or, if later, before the end of the period of 60 days beginning with the day on which notification mentioned in <ref href="#section-38-3-b">paragraph (b)</ref> was made.</p></content></level></subsection></section><section eId="section-39"><num>39</num><heading>Incorporation relief: requirement to claim</heading><subsection eId="section-39-1"><num>(1)</num><content><p><ref eId="c00064" href="https://www.legislation.gov.uk/ukpga/1992/12/section/162">Section 162</ref> of <ref eId="c00065" href="https://www.legislation.gov.uk/ukpga/1992/12/contents">TCGA 1992</ref> (roll-over relief on transfer of business) is amended as follows.</p></content></subsection><subsection eId="section-39-2"><num>(2)</num><intro><p>In <ref eId="c00066" href="https://www.legislation.gov.uk/ukpga/1992/12/section/162">subsection (1)</ref>—</p></intro><level class="para1" eId="section-39-2-a"><num>(a)</num><content><p>the words from “a person who is not a company” to the end of the first sentence of the subsection become <ref eId="c00067" href="https://www.legislation.gov.uk/ukpga/1992/12/section/162">paragraph (a)</ref>;</p></content></level><level class="para1" eId="section-39-2-b"><num>(b)</num><content><p><mod>after <ref eId="c00068" href="https://www.legislation.gov.uk/ukpga/1992/12/section/162">that paragraph</ref> insert <quotedText startQuote="“">, and</quotedText><quotedStructure endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="default"><level class="para1"><num>(b)</num><content><p>the person makes a claim in respect of the transfer, including such information as the Commissioners may require, on or before the first anniversary of the 31 January following the tax year in which the transfer of the business took place.</p></content></level></quotedStructure></mod></p></content></level></subsection><subsection eId="section-39-3"><num>(3)</num><content><p><mod>After subsection (5) insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><subsection><num>(6)</num><content><p>In this section, “<term refersTo="#term-the-commissioners">the Commissioners</term>” means the Commissioners for His Majesty’s Revenue and Customs.</p></content></subsection></quotedStructure></mod></p></content></subsection><subsection eId="section-39-4"><num>(4)</num><content><p>Omit <ref eId="c00069" href="https://www.legislation.gov.uk/ukpga/1992/12/section/162A">section 162A</ref> of <ref eId="c00070" href="https://www.legislation.gov.uk/ukpga/1992/12/contents">TCGA 1992</ref> (election for section 162 not to apply).</p></content></subsection><subsection eId="section-39-5"><num>(5)</num><content><p>The amendments made by this section have effect in relation to transfers of businesses made on or after 6 April 2026.</p></content></subsection></section><section eId="section-40"><num>40</num><heading>Non-residents: cell companies</heading><subsection eId="section-40-1"><num>(1)</num><content><p>Part 4 of Schedule 1A to TCGA 1992 (anti-avoidance relating to assets deriving 75% of value from UK land) is amended as follows.</p></content></subsection><subsection eId="section-40-2"><num>(2)</num><content><p><mod>For the heading of the Part substitute <quotedText>“Cell companies and anti-avoidance”</quotedText>.</mod></p></content></subsection><subsection eId="section-40-3"><num>(3)</num><content><p><mod>Before paragraph 11 insert—<quotedStructure startQuote="“" endQuote="”" uk:context="schedule" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="schedule" ukl:Format="double"><hcontainer name="crossheading" class="schGroup7"><heading>Cell companies</heading><paragraph class="schProv1"><num>10A</num><subparagraph><num>(1)</num><content><p>In the application of this Schedule in relation to the disposal of an asset consisting of a right or an interest in a cell company, each cell of the company is to be treated as if it were an individual company.</p></content></subparagraph><subparagraph><num>(2)</num><intro><p>For the purposes of this paragraph—</p></intro><level class="para1"><num>(a)</num><intro><p>a company is a “cell company” if under the law under which the company is formed, under the company’s articles of association or other document regulating the company or under arrangements entered into by or in relation to the company—</p></intro><level class="para2"><num>(i)</num><content><p>some or all of the assets of the company are available primarily, or only, to meet particular liabilities of the company, and</p></content></level><level class="para2"><num>(ii)</num><content><p>some or all of the members of the company, and some or all of its creditors, have rights primarily, or only, in relation to particular assets of the company;</p></content></level></level><level class="para1"><num>(b)</num><content><p>“<term refersTo="#term-cell">cell</term>”, in relation a cell company, means an identifiable part of the company that carries on distinct business activities and to which particular assets and liabilities of the company are primarily or wholly attributable.</p></content></level></subparagraph></paragraph></hcontainer><heading ukl:Context="P1group">Anti-avoidance</heading></quotedStructure><inline name="appendText">.</inline></mod></p></content></subsection><subsection eId="section-40-4"><num>(4)</num><content><p>The amendments made by this section have effect in relation to disposals made on or after 26 November 2025.</p></content></subsection></section><section eId="section-41"><num>41</num><heading>Non-residents: double taxation relief relating to collective investment vehicles</heading><subsection eId="section-41-1"><num>(1)</num><content><p><mod>In paragraph 2 of Schedule 18 to FA 1998 (duty to give notice of chargeability to corporation tax), after sub-paragraph (2) insert—<quotedStructure startQuote="“" endQuote="”" uk:context="schedule" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="schedule" ukl:Format="double"><subparagraph><num>(2A)</num><content><p>Where sub-paragraph (1A) would apply as regards a company if the company were to make a claim to obtain relief under section 6(2)(a) or (3)(a) of TIOPA 2010 in respect of a disposal that has an appropriate connection to a collective investment vehicle for the purposes of paragraph 6 of Schedule 5AAA to TCGA 1992, the company is not required to make such a claim in order to obtain relief in respect of the disposal (despite section 6(6) of TIOPA 2010).</p></content></subparagraph></quotedStructure></mod></p></content></subsection><subsection eId="section-41-2"><num>(2)</num><content><p><mod>In section 55A of FA 2004 (exception to duty to give notice to coming within charge to corporation tax), after subsection (4) insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><subsection><num>(5)</num><content><p>Where subsection (1) would apply as regards a company if the company were to make a claim to obtain relief under section 6(2)(a) or (3)(a) of TIOPA 2010 in respect of a disposal that has an appropriate connection to a collective investment vehicle for the purposes of paragraph 6 of Schedule 5AAA to TCGA 1992, the company is not required to make such a claim in order to obtain relief in respect of the disposal (despite section 6(6) of TIOPA 2010).</p></content></subsection></quotedStructure></mod></p></content></subsection><subsection eId="section-41-3"><num>(3)</num><intro><p>In Schedule 2 to FA 2019—</p></intro><level class="para1" eId="section-41-3-a"><num>(a)</num><content><p><mod>in the heading before paragraph 10 (no return required in respect of disposal connected to CIS), for “schemes” substitute <quotedText>“vehicles”</quotedText>;</mod></p></content></level><level class="para1" eId="section-41-3-b"><num>(b)</num><intro><p>in paragraph 10—</p></intro><level class="para2" eId="section-41-3-b-i"><num>(i)</num><content><p><mod>for “scheme” substitute <quotedText>“vehicle”</quotedText>;</mod></p></content></level><level class="para2" eId="section-41-3-b-ii"><num>(ii)</num><content><p><mod>after sub-paragraph (2) insert—<quotedStructure startQuote="“" endQuote="”" uk:context="schedule" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="schedule" ukl:Format="double"><subparagraph><num>(3)</num><content><p>If, by virtue of sub-paragraph (1), a person is not required to make or deliver a return under this Schedule in respect of a disposal, the person is not required to make a claim to obtain relief under section 6(2)(a) or (3)(a) of TIOPA 2010 in respect of the disposal (despite subsection (6) of that section).</p></content></subparagraph></quotedStructure><inline name="appendText">;</inline></mod></p></content></level></level><level class="para1" eId="section-41-3-c"><num>(c)</num><intro><p>in paragraph 11(1)(a)—</p></intro><level class="para2" eId="section-41-3-c-i"><num>(i)</num><content><p><mod>for “CIS” substitute <quotedText>“CIV”</quotedText>;</mod></p></content></level><level class="para2" eId="section-41-3-c-ii"><num>(ii)</num><content><p><mod>for “scheme” substitute <quotedText>“vehicle”</quotedText>;</mod></p></content></level></level><level class="para1" eId="section-41-3-d"><num>(d)</num><content><p><mod>in paragraph 11(1)(b), for “subject of the scheme” substitute <quotedText>“subject of or held by the vehicle”</quotedText>;</mod></p></content></level><level class="para1" eId="section-41-3-e"><num>(e)</num><content><p><mod>in paragraph 12(1)(a), for “CIS” substitute <quotedText>“CIV”</quotedText>.</mod></p></content></level></subsection><subsection eId="section-41-4"><num>(4)</num><content><p>The amendments made by <ref href="#section-41-1">subsections (1)</ref> and <ref href="#section-41-2">(2)</ref> have effect in relation to disposals made on or after 1 April 2026.</p></content></subsection><subsection eId="section-41-5"><num>(5)</num><content><p>The amendments made by <ref href="#section-41-3">subsection (3)</ref> have effect in relation to disposals made on or after 6 April 2026.</p></content></subsection></section></hcontainer>
<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="section-35"><num>35</num><heading>Restriction of relief on disposals to employee-ownership trusts</heading><subsection eId="section-35-1"><num>(1)</num><content><p><ref eId="c00052" href="https://www.legislation.gov.uk/ukpga/1992/12/section/236H">Section 236H</ref> of <ref eId="c00053" href="https://www.legislation.gov.uk/ukpga/1992/12/contents">TCGA 1992</ref> (disposals to employee-ownership trusts) is amended as follows.</p></content></subsection><subsection eId="section-35-2"><num>(2)</num><content><p><mod>For <ref eId="c00054" href="https://www.legislation.gov.uk/ukpga/1992/12/section/236H">subsection (2)</ref> substitute—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><subsection><num>(2)</num><intro><p>Where this section applies, section 17(1) (disposals and acquisitions treated as made at market value) does not apply to the disposal and, taking account of that disapplication—</p></intro><level class="para1"><num>(a)</num><content><p>if a gain accrues, subsection <ref href="#d28e7869">(2A)</ref> applies, or</p></content></level><level class="para1"><num>(b)</num><content><p>if no gain accrues, subsection (3) applies.</p></content></level></subsection><subsection eId="d28e7869"><num>(2A)</num><intro><p>Where this subsection applies—</p></intro><level class="para1" eId="d28e7875"><num>(a)</num><content><p>only 50% of the gain is a chargeable gain,</p></content></level><level class="para1"><num>(b)</num><content><p>the disposal is not to be regarded as a qualifying business disposal for the purposes of Chapter 3 of Part 5 (business asset disposal relief),</p></content></level><level class="para1"><num>(c)</num><content><p>the ordinary share capital disposed of is to be regarded, immediately before the disposal, as comprised wholly of excluded shares for the purposes of Chapter 5 of that Part (investors’ relief), and</p></content></level><level class="para1"><num>(d)</num><content><p>the acquisition by the trustees is to be treated for the purposes of this Act as made for the consideration for the disposal less an amount equal to so much of the gain as is not a chargeable gain as a result of paragraph <ref href="#d28e7875">(a)</ref>.</p></content></level></subsection></quotedStructure></mod></p></content></subsection><subsection eId="section-35-3"><num>(3)</num><content><p><mod>In <ref eId="c00055" href="https://www.legislation.gov.uk/ukpga/1992/12/section/236H">subsection (3)</ref>, for “The”, in the first place it occurs, substitute <quotedText>“Where this subsection applies, the”</quotedText>.</mod></p></content></subsection><subsection eId="section-35-4"><num>(4)</num><content><p>The amendments made by this section have effect in relation to disposals made on or after 26 November 2025.</p></content></subsection></section>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-35-1"><num>(1)</num><content><p><ref eId="c00052" href="https://www.legislation.gov.uk/ukpga/1992/12/section/236H">Section 236H</ref> of <ref eId="c00053" href="https://www.legislation.gov.uk/ukpga/1992/12/contents">TCGA 1992</ref> (disposals to employee-ownership trusts) is amended as follows.</p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="section-35-2"><num>(2)</num><content><p><mod>For <ref eId="c00054" href="https://www.legislation.gov.uk/ukpga/1992/12/section/236H">subsection (2)</ref> substitute—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><subsection><num>(2)</num><intro><p>Where this section applies, section 17(1) (disposals and acquisitions treated as made at market value) does not apply to the disposal and, taking account of that disapplication—</p></intro><level class="para1"><num>(a)</num><content><p>if a gain accrues, subsection <ref href="#d28e7869">(2A)</ref> applies, or</p></content></level><level class="para1"><num>(b)</num><content><p>if no gain accrues, subsection (3) applies.</p></content></level></subsection><subsection eId="d28e7869"><num>(2A)</num><intro><p>Where this subsection applies—</p></intro><level class="para1" eId="d28e7875"><num>(a)</num><content><p>only 50% of the gain is a chargeable gain,</p></content></level><level class="para1"><num>(b)</num><content><p>the disposal is not to be regarded as a qualifying business disposal for the purposes of Chapter 3 of Part 5 (business asset disposal relief),</p></content></level><level class="para1"><num>(c)</num><content><p>the ordinary share capital disposed of is to be regarded, immediately before the disposal, as comprised wholly of excluded shares for the purposes of Chapter 5 of that Part (investors’ relief), and</p></content></level><level class="para1"><num>(d)</num><content><p>the acquisition by the trustees is to be treated for the purposes of this Act as made for the consideration for the disposal less an amount equal to so much of the gain as is not a chargeable gain as a result of paragraph <ref href="#d28e7875">(a)</ref>.</p></content></level></subsection></quotedStructure></mod></p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-35-3"><num>(3)</num><content><p><mod>In <ref eId="c00055" href="https://www.legislation.gov.uk/ukpga/1992/12/section/236H">subsection (3)</ref>, for “The”, in the first place it occurs, substitute <quotedText>“Where this subsection applies, the”</quotedText>.</mod></p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-35-4"><num>(4)</num><content><p>The amendments made by this section have effect in relation to disposals made on or after 26 November 2025.</p></content></subsection>
<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="section-36"><num>36</num><heading>Anti-avoidance: collective investment scheme reconstructions</heading><subsection eId="section-36-1"><num>(1)</num><content><p>TCGA 1992 is amended as follows.</p></content></subsection><subsection eId="section-36-2"><num>(2)</num><content><p><mod>In section 103G (exchange of units for those in another collective investment scheme), in subsection (4), for “section 103K(1)” to the end of the subsection substitute <quotedText>“section 103K (anti-avoidance)”</quotedText>.</mod></p></content></subsection><subsection eId="section-36-3"><num>(3)</num><content><p><mod>In section 103H (scheme of reconstruction involving issue of units), in subsection (5), for “section 103K(1)” to the end of the subsection substitute <quotedText>“section 103K (anti-avoidance)”</quotedText>.</mod></p></content></subsection><subsection eId="section-36-4"><num>(4)</num><content><p><mod>In section 103I (scheme of reconstruction involving conversion scheme), in subsection (4), for “section 103K(1)” to the end of the subsection substitute <quotedText>“section 103K (anti-avoidance)”</quotedText>.</mod></p></content></subsection><subsection eId="section-36-5"><num>(5)</num><intro><p>In section 103K (restriction on application of sections 103G, 103H and 103I)—</p></intro><level class="para1" eId="section-36-5-a"><num>(a)</num><content><p><mod>at the end of the heading insert <quotedText>“: anti-avoidance”</quotedText>;</mod></p></content></level><level class="para1" eId="section-36-5-b"><num>(b)</num><content><p><mod>for subsection (1) substitute—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><subsection><num>(1)</num><content><p>This section applies in respect of arrangements relating to an exchange or scheme of reconstruction as regards which section 103G, 103H or 103I applies if the main purpose, or one of the main purposes, of the arrangements is to reduce or avoid liability to capital gains tax, corporation tax or income tax.</p></content></subsection><subsection><num>(1A)</num><content><p>Any such reduction or avoidance that would (in the absence of this section) arise from such arrangements is to be counteracted by the making of such adjustments as are just and reasonable (in light of the reduction or avoidance).</p></content></subsection><subsection><num>(1B)</num><content><p>This includes, in an appropriate case, disapplying section 103G, 103H or 103I insofar as is required to counteract the reduction or avoidance.</p></content></subsection><subsection><num>(1C)</num><intro><p>Any adjustments required to be made under this section (whether or not by an officer of Revenue and Customs) may be made by way of—</p></intro><level class="para1"><num>(a)</num><content><p>an assessment, or</p></content></level><level class="para1"><num>(b)</num><content><p>the modification of an assessment.</p></content></level></subsection></quotedStructure><inline name="appendText">;</inline></mod></p></content></level><level class="para1" eId="section-36-5-c"><num>(c)</num><content><p>omit subsections (2) and (3);</p></content></level><level class="para1" eId="section-36-5-d"><num>(d)</num><intro><p>in subsection (4)—</p></intro><level class="para2" eId="section-36-5-d-i"><num>(i)</num><content><p><mod>for “subsection (1) above” substitute <quotedText>“this section”</quotedText>;</mod></p></content></level><level class="para2" eId="section-36-5-d-ii"><num>(ii)</num><content><p><mod>in paragraph (a), after “chargeable participant” insert <quotedText>“as part of the exchange or scheme of reconstruction”</quotedText>;</mod></p></content></level></level><level class="para1" eId="section-36-5-e"><num>(e)</num><content><p><mod>after subsection (6) insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><subsection><num>(7)</num><content><p>In this section, “<term refersTo="#term-arrangements">arrangements</term>” includes any agreement, understanding, scheme, transaction or series of transactions (whether or not legally enforceable).</p></content></subsection></quotedStructure></mod></p></content></level></subsection><subsection eId="section-36-6"><num>(6)</num><content><p>The amendments made by this section have effect in relation to arrangements involving an issue of units in a collective investment scheme on or after 26 November 2025.</p></content></subsection><subsection eId="section-36-7"><num>(7)</num><intro><p>But those amendments do not have effect in a case where—</p></intro><level class="para1" eId="section-36-7-a"><num>(a)</num><content><p>a participant in a collective investment scheme has made an application under section 138(1) of TCGA 1992 (as applied by section 103K(6) of that Act) before 26 November 2025,</p></content></level><level class="para1" eId="section-36-7-b"><num>(b)</num><content><p>the Commissioners for His Majesty’s Revenue and Customs have notified the participant of their satisfaction, or the tribunal has notified the participant of its satisfaction, in relation to the application under <ref eId="c00056" href="https://www.legislation.gov.uk/ukpga/1992/12/section/138">section 138</ref><ref eId="c00057" href="https://www.legislation.gov.uk/ukpga/1992/12/section/138">(1)</ref> or <ref eId="c00058" href="https://www.legislation.gov.uk/ukpga/1992/12/section/138">(4)</ref> of <ref eId="c00059" href="https://www.legislation.gov.uk/ukpga/1992/12/contents">TCGA 1992</ref>, and</p></content></level><level class="para1" eId="section-36-7-c"><num>(c)</num><content><p>the issue of units in a collective investment scheme in respect of which the application was made occurs before 26 January 2026 or, if later, before the end of the period of 60 days beginning with the day on which the notification mentioned in <ref href="#section-36-7-b">paragraph (b)</ref> was made.</p></content></level></subsection></section>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-36-1"><num>(1)</num><content><p>TCGA 1992 is amended as follows.</p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-36-2"><num>(2)</num><content><p><mod>In section 103G (exchange of units for those in another collective investment scheme), in subsection (4), for “section 103K(1)” to the end of the subsection substitute <quotedText>“section 103K (anti-avoidance)”</quotedText>.</mod></p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-36-3"><num>(3)</num><content><p><mod>In section 103H (scheme of reconstruction involving issue of units), in subsection (5), for “section 103K(1)” to the end of the subsection substitute <quotedText>“section 103K (anti-avoidance)”</quotedText>.</mod></p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-36-4"><num>(4)</num><content><p><mod>In section 103I (scheme of reconstruction involving conversion scheme), in subsection (4), for “section 103K(1)” to the end of the subsection substitute <quotedText>“section 103K (anti-avoidance)”</quotedText>.</mod></p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="section-36-5"><num>(5)</num><intro><p>In section 103K (restriction on application of sections 103G, 103H and 103I)—</p></intro><level class="para1" eId="section-36-5-a"><num>(a)</num><content><p><mod>at the end of the heading insert <quotedText>“: anti-avoidance”</quotedText>;</mod></p></content></level><level class="para1" eId="section-36-5-b"><num>(b)</num><content><p><mod>for subsection (1) substitute—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><subsection><num>(1)</num><content><p>This section applies in respect of arrangements relating to an exchange or scheme of reconstruction as regards which section 103G, 103H or 103I applies if the main purpose, or one of the main purposes, of the arrangements is to reduce or avoid liability to capital gains tax, corporation tax or income tax.</p></content></subsection><subsection><num>(1A)</num><content><p>Any such reduction or avoidance that would (in the absence of this section) arise from such arrangements is to be counteracted by the making of such adjustments as are just and reasonable (in light of the reduction or avoidance).</p></content></subsection><subsection><num>(1B)</num><content><p>This includes, in an appropriate case, disapplying section 103G, 103H or 103I insofar as is required to counteract the reduction or avoidance.</p></content></subsection><subsection><num>(1C)</num><intro><p>Any adjustments required to be made under this section (whether or not by an officer of Revenue and Customs) may be made by way of—</p></intro><level class="para1"><num>(a)</num><content><p>an assessment, or</p></content></level><level class="para1"><num>(b)</num><content><p>the modification of an assessment.</p></content></level></subsection></quotedStructure><inline name="appendText">;</inline></mod></p></content></level><level class="para1" eId="section-36-5-c"><num>(c)</num><content><p>omit subsections (2) and (3);</p></content></level><level class="para1" eId="section-36-5-d"><num>(d)</num><intro><p>in subsection (4)—</p></intro><level class="para2" eId="section-36-5-d-i"><num>(i)</num><content><p><mod>for “subsection (1) above” substitute <quotedText>“this section”</quotedText>;</mod></p></content></level><level class="para2" eId="section-36-5-d-ii"><num>(ii)</num><content><p><mod>in paragraph (a), after “chargeable participant” insert <quotedText>“as part of the exchange or scheme of reconstruction”</quotedText>;</mod></p></content></level></level><level class="para1" eId="section-36-5-e"><num>(e)</num><content><p><mod>after subsection (6) insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><subsection><num>(7)</num><content><p>In this section, “<term refersTo="#term-arrangements">arrangements</term>” includes any agreement, understanding, scheme, transaction or series of transactions (whether or not legally enforceable).</p></content></subsection></quotedStructure></mod></p></content></level></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-36-5-a"><num>(a)</num><content><p><mod>at the end of the heading insert <quotedText>“: anti-avoidance”</quotedText>;</mod></p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" class="para1" eId="section-36-5-b"><num>(b)</num><content><p><mod>for subsection (1) substitute—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><subsection><num>(1)</num><content><p>This section applies in respect of arrangements relating to an exchange or scheme of reconstruction as regards which section 103G, 103H or 103I applies if the main purpose, or one of the main purposes, of the arrangements is to reduce or avoid liability to capital gains tax, corporation tax or income tax.</p></content></subsection><subsection><num>(1A)</num><content><p>Any such reduction or avoidance that would (in the absence of this section) arise from such arrangements is to be counteracted by the making of such adjustments as are just and reasonable (in light of the reduction or avoidance).</p></content></subsection><subsection><num>(1B)</num><content><p>This includes, in an appropriate case, disapplying section 103G, 103H or 103I insofar as is required to counteract the reduction or avoidance.</p></content></subsection><subsection><num>(1C)</num><intro><p>Any adjustments required to be made under this section (whether or not by an officer of Revenue and Customs) may be made by way of—</p></intro><level class="para1"><num>(a)</num><content><p>an assessment, or</p></content></level><level class="para1"><num>(b)</num><content><p>the modification of an assessment.</p></content></level></subsection></quotedStructure><inline name="appendText">;</inline></mod></p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-36-5-c"><num>(c)</num><content><p>omit subsections (2) and (3);</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-36-5-d"><num>(d)</num><intro><p>in subsection (4)—</p></intro><level class="para2" eId="section-36-5-d-i"><num>(i)</num><content><p><mod>for “subsection (1) above” substitute <quotedText>“this section”</quotedText>;</mod></p></content></level><level class="para2" eId="section-36-5-d-ii"><num>(ii)</num><content><p><mod>in paragraph (a), after “chargeable participant” insert <quotedText>“as part of the exchange or scheme of reconstruction”</quotedText>;</mod></p></content></level></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para2" eId="section-36-5-d-i"><num>(i)</num><content><p><mod>for “subsection (1) above” substitute <quotedText>“this section”</quotedText>;</mod></p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para2" eId="section-36-5-d-ii"><num>(ii)</num><content><p><mod>in paragraph (a), after “chargeable participant” insert <quotedText>“as part of the exchange or scheme of reconstruction”</quotedText>;</mod></p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" class="para1" eId="section-36-5-e"><num>(e)</num><content><p><mod>after subsection (6) insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><subsection><num>(7)</num><content><p>In this section, “<term refersTo="#term-arrangements">arrangements</term>” includes any agreement, understanding, scheme, transaction or series of transactions (whether or not legally enforceable).</p></content></subsection></quotedStructure></mod></p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-36-6"><num>(6)</num><content><p>The amendments made by this section have effect in relation to arrangements involving an issue of units in a collective investment scheme on or after 26 November 2025.</p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-36-7"><num>(7)</num><intro><p>But those amendments do not have effect in a case where—</p></intro><level class="para1" eId="section-36-7-a"><num>(a)</num><content><p>a participant in a collective investment scheme has made an application under section 138(1) of TCGA 1992 (as applied by section 103K(6) of that Act) before 26 November 2025,</p></content></level><level class="para1" eId="section-36-7-b"><num>(b)</num><content><p>the Commissioners for His Majesty’s Revenue and Customs have notified the participant of their satisfaction, or the tribunal has notified the participant of its satisfaction, in relation to the application under <ref eId="c00056" href="https://www.legislation.gov.uk/ukpga/1992/12/section/138">section 138</ref><ref eId="c00057" href="https://www.legislation.gov.uk/ukpga/1992/12/section/138">(1)</ref> or <ref eId="c00058" href="https://www.legislation.gov.uk/ukpga/1992/12/section/138">(4)</ref> of <ref eId="c00059" href="https://www.legislation.gov.uk/ukpga/1992/12/contents">TCGA 1992</ref>, and</p></content></level><level class="para1" eId="section-36-7-c"><num>(c)</num><content><p>the issue of units in a collective investment scheme in respect of which the application was made occurs before 26 January 2026 or, if later, before the end of the period of 60 days beginning with the day on which the notification mentioned in <ref href="#section-36-7-b">paragraph (b)</ref> was made.</p></content></level></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-36-7-a"><num>(a)</num><content><p>a participant in a collective investment scheme has made an application under section 138(1) of TCGA 1992 (as applied by section 103K(6) of that Act) before 26 November 2025,</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-36-7-b"><num>(b)</num><content><p>the Commissioners for His Majesty’s Revenue and Customs have notified the participant of their satisfaction, or the tribunal has notified the participant of its satisfaction, in relation to the application under <ref eId="c00056" href="https://www.legislation.gov.uk/ukpga/1992/12/section/138">section 138</ref><ref eId="c00057" href="https://www.legislation.gov.uk/ukpga/1992/12/section/138">(1)</ref> or <ref eId="c00058" href="https://www.legislation.gov.uk/ukpga/1992/12/section/138">(4)</ref> of <ref eId="c00059" href="https://www.legislation.gov.uk/ukpga/1992/12/contents">TCGA 1992</ref>, and</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-36-7-c"><num>(c)</num><content><p>the issue of units in a collective investment scheme in respect of which the application was made occurs before 26 January 2026 or, if later, before the end of the period of 60 days beginning with the day on which the notification mentioned in <ref href="#section-36-7-b">paragraph (b)</ref> was made.</p></content></level>
<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="section-37"><num>37</num><heading>Anti-avoidance: company reconstructions</heading><subsection eId="section-37-1"><num>(1)</num><content><p>TCGA 1992 is amended as follows.</p></content></subsection><subsection eId="section-37-2"><num>(2)</num><content><p><mod>In section 135 (exchange of securities for those in another company), in subsection (6), for “section 137(1)” to the end of the subsection substitute <quotedText>“section 137 (anti-avoidance)”</quotedText>.</mod></p></content></subsection><subsection eId="section-37-3"><num>(3)</num><content><p><mod>In section 136 (scheme of reconstruction involving issue of securities), in subsection (6), for “section 137(1)” to the end of the subsection substitute <quotedText>“section 137 (anti-avoidance)”</quotedText>.</mod></p></content></subsection><subsection eId="section-37-4"><num>(4)</num><intro><p>In section 137 (restriction on company reconstruction provisions)—</p></intro><level class="para1" eId="section-37-4-a"><num>(a)</num><content><p><mod>at the end of the heading insert <quotedText>“: anti-avoidance”</quotedText>;</mod></p></content></level><level class="para1" eId="section-37-4-b"><num>(b)</num><content><p><mod>for subsection (1) substitute—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><subsection><num>(1)</num><content><p>This section applies in respect of arrangements relating to an exchange or scheme of reconstruction as regards which section 135 or 136 applies if the main purpose, or one of the main purposes, of the arrangements is to reduce or avoid liability to capital gains tax or corporation tax.</p></content></subsection><subsection><num>(1A)</num><content><p>Any such reduction or avoidance that would (in the absence of this section) arise from such arrangements is to be counteracted by the making of such adjustments as are just and reasonable (in light of the reduction or avoidance).</p></content></subsection><subsection><num>(1B)</num><content><p>This includes, in an appropriate case, disapplying section 135 or 136 insofar as is required to counteract the reduction or avoidance.</p></content></subsection><subsection><num>(1C)</num><intro><p>Any adjustments required to be made under this section (whether or not by an officer of Revenue and Customs) may be made by way of—</p></intro><level class="para1"><num>(a)</num><content><p>an assessment, or</p></content></level><level class="para1"><num>(b)</num><content><p>the modification of an assessment.</p></content></level></subsection></quotedStructure><inline name="appendText">;</inline></mod></p></content></level><level class="para1" eId="section-37-4-c"><num>(c)</num><content><p>omit subsections (2) and (3);</p></content></level><level class="para1" eId="section-37-4-d"><num>(d)</num><intro><p>in subsection (4)—</p></intro><level class="para2" eId="section-37-4-d-i"><num>(i)</num><content><p><mod>for “subsection (1) above” substitute <quotedText>“this section”</quotedText>;</mod></p></content></level><level class="para2" eId="section-37-4-d-ii"><num>(ii)</num><content><p><mod>in paragraph (a), after “chargeable person” insert <quotedText>“as part of the exchange or scheme of reconstruction”</quotedText>;</mod></p></content></level></level><level class="para1" eId="section-37-4-e"><num>(e)</num><content><p><mod>after subsection (6) insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><subsection><num>(7)</num><content><p>In this section, “<term refersTo="#term-arrangements">arrangements</term>” includes any agreement, understanding, scheme, transaction or series of transactions (whether or not legally enforceable).</p></content></subsection></quotedStructure></mod></p></content></level></subsection><subsection eId="section-37-5"><num>(5)</num><intro><p>In section 138 (procedure for clearance in advance)—</p></intro><level class="para1" eId="section-37-5-a"><num>(a)</num><intro><p>in subsection (1)—</p></intro><level class="para2" eId="section-37-5-a-i"><num>(i)</num><content><p><mod>for “shall not affect the operation of section 135 or 136” substitute <quotedText>“does not apply”</quotedText>;</mod></p></content></level><level class="para2" eId="section-37-5-a-ii"><num>(ii)</num><content><p><mod>after “the issue” insert <quotedText>“of shares or debentures mentioned in section 135(1) or 136(1)”</quotedText>;</mod></p></content></level><level class="para2" eId="section-37-5-a-iii"><num>(iii)</num><content><p><mod>for “section 137(1)”, in the first place it appears, substitute <quotedText>“section 135(1) or 136(1)”</quotedText>;</mod></p></content></level><level class="para2" eId="section-37-5-a-iv"><num>(iv)</num><content><p><mod>for “for bona fide” to the end of the subsection substitute <quotedText>“without arrangements in respect of which section 137 applies.”</quotedText>;</mod></p></content></level></level><level class="para1" eId="section-37-5-b"><num>(b)</num><content><p><mod>after subsection (5) insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><subsection><num>(6)</num><content><p>In this section, references to shares or debentures include references to any interests or options to which this Chapter applies by virtue of section 135(5), 136(5) or 147.</p></content></subsection></quotedStructure></mod></p></content></level></subsection><subsection eId="section-37-6"><num>(6)</num><content><p>The amendments made by this section have effect in relation to arrangements involving an issue of shares in, or debentures of, a company on or after 26 November 2025.</p></content></subsection><subsection eId="section-37-7"><num>(7)</num><intro><p>But those do not have effect in a case where—</p></intro><level class="para1" eId="section-37-7-a"><num>(a)</num><content><p>a company has made an application under section 138(1) of TCGA 1992 before 26 November 2025,</p></content></level><level class="para1" eId="section-37-7-b"><num>(b)</num><content><p>the Commissioners for His Majesty’s Revenue and Customs have notified the company of their satisfaction, or the tribunal has notified the company of its satisfaction, in relation to the application under <ref eId="c00060" href="https://www.legislation.gov.uk/ukpga/1992/12/section/138">section 138</ref><ref eId="c00061" href="https://www.legislation.gov.uk/ukpga/1992/12/section/138">(1)</ref> or <ref eId="c00062" href="https://www.legislation.gov.uk/ukpga/1992/12/section/138">(4)</ref> of <ref eId="c00063" href="https://www.legislation.gov.uk/ukpga/1992/12/contents">TCGA 1992</ref>, and</p></content></level><level class="para1" eId="section-37-7-c"><num>(c)</num><content><p>the issue of shares or debentures in respect of which the application was made occurs before 26 January 2026 or, if later, before the end of the period of 60 days beginning with the day on which notification mentioned in <ref href="#section-37-7-b">paragraph (b)</ref> was made.</p></content></level></subsection></section>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-37-1"><num>(1)</num><content><p>TCGA 1992 is amended as follows.</p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-37-2"><num>(2)</num><content><p><mod>In section 135 (exchange of securities for those in another company), in subsection (6), for “section 137(1)” to the end of the subsection substitute <quotedText>“section 137 (anti-avoidance)”</quotedText>.</mod></p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-37-3"><num>(3)</num><content><p><mod>In section 136 (scheme of reconstruction involving issue of securities), in subsection (6), for “section 137(1)” to the end of the subsection substitute <quotedText>“section 137 (anti-avoidance)”</quotedText>.</mod></p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="section-37-4"><num>(4)</num><intro><p>In section 137 (restriction on company reconstruction provisions)—</p></intro><level class="para1" eId="section-37-4-a"><num>(a)</num><content><p><mod>at the end of the heading insert <quotedText>“: anti-avoidance”</quotedText>;</mod></p></content></level><level class="para1" eId="section-37-4-b"><num>(b)</num><content><p><mod>for subsection (1) substitute—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><subsection><num>(1)</num><content><p>This section applies in respect of arrangements relating to an exchange or scheme of reconstruction as regards which section 135 or 136 applies if the main purpose, or one of the main purposes, of the arrangements is to reduce or avoid liability to capital gains tax or corporation tax.</p></content></subsection><subsection><num>(1A)</num><content><p>Any such reduction or avoidance that would (in the absence of this section) arise from such arrangements is to be counteracted by the making of such adjustments as are just and reasonable (in light of the reduction or avoidance).</p></content></subsection><subsection><num>(1B)</num><content><p>This includes, in an appropriate case, disapplying section 135 or 136 insofar as is required to counteract the reduction or avoidance.</p></content></subsection><subsection><num>(1C)</num><intro><p>Any adjustments required to be made under this section (whether or not by an officer of Revenue and Customs) may be made by way of—</p></intro><level class="para1"><num>(a)</num><content><p>an assessment, or</p></content></level><level class="para1"><num>(b)</num><content><p>the modification of an assessment.</p></content></level></subsection></quotedStructure><inline name="appendText">;</inline></mod></p></content></level><level class="para1" eId="section-37-4-c"><num>(c)</num><content><p>omit subsections (2) and (3);</p></content></level><level class="para1" eId="section-37-4-d"><num>(d)</num><intro><p>in subsection (4)—</p></intro><level class="para2" eId="section-37-4-d-i"><num>(i)</num><content><p><mod>for “subsection (1) above” substitute <quotedText>“this section”</quotedText>;</mod></p></content></level><level class="para2" eId="section-37-4-d-ii"><num>(ii)</num><content><p><mod>in paragraph (a), after “chargeable person” insert <quotedText>“as part of the exchange or scheme of reconstruction”</quotedText>;</mod></p></content></level></level><level class="para1" eId="section-37-4-e"><num>(e)</num><content><p><mod>after subsection (6) insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><subsection><num>(7)</num><content><p>In this section, “<term refersTo="#term-arrangements">arrangements</term>” includes any agreement, understanding, scheme, transaction or series of transactions (whether or not legally enforceable).</p></content></subsection></quotedStructure></mod></p></content></level></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-37-4-a"><num>(a)</num><content><p><mod>at the end of the heading insert <quotedText>“: anti-avoidance”</quotedText>;</mod></p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" class="para1" eId="section-37-4-b"><num>(b)</num><content><p><mod>for subsection (1) substitute—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><subsection><num>(1)</num><content><p>This section applies in respect of arrangements relating to an exchange or scheme of reconstruction as regards which section 135 or 136 applies if the main purpose, or one of the main purposes, of the arrangements is to reduce or avoid liability to capital gains tax or corporation tax.</p></content></subsection><subsection><num>(1A)</num><content><p>Any such reduction or avoidance that would (in the absence of this section) arise from such arrangements is to be counteracted by the making of such adjustments as are just and reasonable (in light of the reduction or avoidance).</p></content></subsection><subsection><num>(1B)</num><content><p>This includes, in an appropriate case, disapplying section 135 or 136 insofar as is required to counteract the reduction or avoidance.</p></content></subsection><subsection><num>(1C)</num><intro><p>Any adjustments required to be made under this section (whether or not by an officer of Revenue and Customs) may be made by way of—</p></intro><level class="para1"><num>(a)</num><content><p>an assessment, or</p></content></level><level class="para1"><num>(b)</num><content><p>the modification of an assessment.</p></content></level></subsection></quotedStructure><inline name="appendText">;</inline></mod></p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-37-4-c"><num>(c)</num><content><p>omit subsections (2) and (3);</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-37-4-d"><num>(d)</num><intro><p>in subsection (4)—</p></intro><level class="para2" eId="section-37-4-d-i"><num>(i)</num><content><p><mod>for “subsection (1) above” substitute <quotedText>“this section”</quotedText>;</mod></p></content></level><level class="para2" eId="section-37-4-d-ii"><num>(ii)</num><content><p><mod>in paragraph (a), after “chargeable person” insert <quotedText>“as part of the exchange or scheme of reconstruction”</quotedText>;</mod></p></content></level></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para2" eId="section-37-4-d-i"><num>(i)</num><content><p><mod>for “subsection (1) above” substitute <quotedText>“this section”</quotedText>;</mod></p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para2" eId="section-37-4-d-ii"><num>(ii)</num><content><p><mod>in paragraph (a), after “chargeable person” insert <quotedText>“as part of the exchange or scheme of reconstruction”</quotedText>;</mod></p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" class="para1" eId="section-37-4-e"><num>(e)</num><content><p><mod>after subsection (6) insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><subsection><num>(7)</num><content><p>In this section, “<term refersTo="#term-arrangements">arrangements</term>” includes any agreement, understanding, scheme, transaction or series of transactions (whether or not legally enforceable).</p></content></subsection></quotedStructure></mod></p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="section-37-5"><num>(5)</num><intro><p>In section 138 (procedure for clearance in advance)—</p></intro><level class="para1" eId="section-37-5-a"><num>(a)</num><intro><p>in subsection (1)—</p></intro><level class="para2" eId="section-37-5-a-i"><num>(i)</num><content><p><mod>for “shall not affect the operation of section 135 or 136” substitute <quotedText>“does not apply”</quotedText>;</mod></p></content></level><level class="para2" eId="section-37-5-a-ii"><num>(ii)</num><content><p><mod>after “the issue” insert <quotedText>“of shares or debentures mentioned in section 135(1) or 136(1)”</quotedText>;</mod></p></content></level><level class="para2" eId="section-37-5-a-iii"><num>(iii)</num><content><p><mod>for “section 137(1)”, in the first place it appears, substitute <quotedText>“section 135(1) or 136(1)”</quotedText>;</mod></p></content></level><level class="para2" eId="section-37-5-a-iv"><num>(iv)</num><content><p><mod>for “for bona fide” to the end of the subsection substitute <quotedText>“without arrangements in respect of which section 137 applies.”</quotedText>;</mod></p></content></level></level><level class="para1" eId="section-37-5-b"><num>(b)</num><content><p><mod>after subsection (5) insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><subsection><num>(6)</num><content><p>In this section, references to shares or debentures include references to any interests or options to which this Chapter applies by virtue of section 135(5), 136(5) or 147.</p></content></subsection></quotedStructure></mod></p></content></level></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-37-5-a"><num>(a)</num><intro><p>in subsection (1)—</p></intro><level class="para2" eId="section-37-5-a-i"><num>(i)</num><content><p><mod>for “shall not affect the operation of section 135 or 136” substitute <quotedText>“does not apply”</quotedText>;</mod></p></content></level><level class="para2" eId="section-37-5-a-ii"><num>(ii)</num><content><p><mod>after “the issue” insert <quotedText>“of shares or debentures mentioned in section 135(1) or 136(1)”</quotedText>;</mod></p></content></level><level class="para2" eId="section-37-5-a-iii"><num>(iii)</num><content><p><mod>for “section 137(1)”, in the first place it appears, substitute <quotedText>“section 135(1) or 136(1)”</quotedText>;</mod></p></content></level><level class="para2" eId="section-37-5-a-iv"><num>(iv)</num><content><p><mod>for “for bona fide” to the end of the subsection substitute <quotedText>“without arrangements in respect of which section 137 applies.”</quotedText>;</mod></p></content></level></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para2" eId="section-37-5-a-i"><num>(i)</num><content><p><mod>for “shall not affect the operation of section 135 or 136” substitute <quotedText>“does not apply”</quotedText>;</mod></p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para2" eId="section-37-5-a-ii"><num>(ii)</num><content><p><mod>after “the issue” insert <quotedText>“of shares or debentures mentioned in section 135(1) or 136(1)”</quotedText>;</mod></p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para2" eId="section-37-5-a-iii"><num>(iii)</num><content><p><mod>for “section 137(1)”, in the first place it appears, substitute <quotedText>“section 135(1) or 136(1)”</quotedText>;</mod></p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para2" eId="section-37-5-a-iv"><num>(iv)</num><content><p><mod>for “for bona fide” to the end of the subsection substitute <quotedText>“without arrangements in respect of which section 137 applies.”</quotedText>;</mod></p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" class="para1" eId="section-37-5-b"><num>(b)</num><content><p><mod>after subsection (5) insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><subsection><num>(6)</num><content><p>In this section, references to shares or debentures include references to any interests or options to which this Chapter applies by virtue of section 135(5), 136(5) or 147.</p></content></subsection></quotedStructure></mod></p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-37-6"><num>(6)</num><content><p>The amendments made by this section have effect in relation to arrangements involving an issue of shares in, or debentures of, a company on or after 26 November 2025.</p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-37-7"><num>(7)</num><intro><p>But those do not have effect in a case where—</p></intro><level class="para1" eId="section-37-7-a"><num>(a)</num><content><p>a company has made an application under section 138(1) of TCGA 1992 before 26 November 2025,</p></content></level><level class="para1" eId="section-37-7-b"><num>(b)</num><content><p>the Commissioners for His Majesty’s Revenue and Customs have notified the company of their satisfaction, or the tribunal has notified the company of its satisfaction, in relation to the application under <ref eId="c00060" href="https://www.legislation.gov.uk/ukpga/1992/12/section/138">section 138</ref><ref eId="c00061" href="https://www.legislation.gov.uk/ukpga/1992/12/section/138">(1)</ref> or <ref eId="c00062" href="https://www.legislation.gov.uk/ukpga/1992/12/section/138">(4)</ref> of <ref eId="c00063" href="https://www.legislation.gov.uk/ukpga/1992/12/contents">TCGA 1992</ref>, and</p></content></level><level class="para1" eId="section-37-7-c"><num>(c)</num><content><p>the issue of shares or debentures in respect of which the application was made occurs before 26 January 2026 or, if later, before the end of the period of 60 days beginning with the day on which notification mentioned in <ref href="#section-37-7-b">paragraph (b)</ref> was made.</p></content></level></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-37-7-a"><num>(a)</num><content><p>a company has made an application under section 138(1) of TCGA 1992 before 26 November 2025,</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-37-7-b"><num>(b)</num><content><p>the Commissioners for His Majesty’s Revenue and Customs have notified the company of their satisfaction, or the tribunal has notified the company of its satisfaction, in relation to the application under <ref eId="c00060" href="https://www.legislation.gov.uk/ukpga/1992/12/section/138">section 138</ref><ref eId="c00061" href="https://www.legislation.gov.uk/ukpga/1992/12/section/138">(1)</ref> or <ref eId="c00062" href="https://www.legislation.gov.uk/ukpga/1992/12/section/138">(4)</ref> of <ref eId="c00063" href="https://www.legislation.gov.uk/ukpga/1992/12/contents">TCGA 1992</ref>, and</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-37-7-c"><num>(c)</num><content><p>the issue of shares or debentures in respect of which the application was made occurs before 26 January 2026 or, if later, before the end of the period of 60 days beginning with the day on which notification mentioned in <ref href="#section-37-7-b">paragraph (b)</ref> was made.</p></content></level>
<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="section-38"><num>38</num><heading>Anti-avoidance: reconstructions involving transfer of business</heading><subsection eId="section-38-1"><num>(1)</num><intro><p>In section 139 (reconstruction involving transfer of business)—</p></intro><level class="para1" eId="section-38-1-a"><num>(a)</num><content><p><mod>after subsection (4) insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><subsection eId="d28e8372"><num>(4A)</num><content><p>Subsection (4B) applies in respect of arrangements relating to a reconstruction as regards which this section applies if the main purpose, or one of the main purposes, of the arrangements is to reduce or avoid liability to capital gains tax, corporation tax or income tax.</p></content></subsection><subsection eId="d28e8378"><num>(4B)</num><content><p>Any such reduction or avoidance that would (in the absence of this subsection) arise from such arrangements is to be counteracted by the making of such adjustments as are just and reasonable (in light of the reduction or avoidance).</p></content></subsection><subsection><num>(4C)</num><content><p>This includes, in an appropriate case, disapplying this section insofar as is required to counteract the reduction or avoidance.</p></content></subsection><subsection eId="d28e8390"><num>(4D)</num><intro><p>Any adjustments required to be made under <ref href="#d28e8378">subsection (4B)</ref> (whether or not by an officer of Revenue and Customs) may be made by way of—</p></intro><level class="para1"><num>(a)</num><content><p>an assessment, or</p></content></level><level class="para1"><num>(b)</num><content><p>the modification of an assessment.</p></content></level></subsection></quotedStructure></mod></p></content></level><level class="para1" eId="section-38-1-b"><num>(b)</num><intro><p>in subsection (5)—</p></intro><level class="para2" eId="section-38-1-b-i"><num>(i)</num><content><p><mod>for the words from the beginning of the subsection to “operation of this section” substitute <quotedText>“Subsections <ref href="#d28e8372">(4A)</ref> to <ref href="#d28e8390">(4D)</ref> do not apply”</quotedText>;</mod></p></content></level><level class="para2" eId="section-38-1-b-ii"><num>(ii)</num><content><p><mod>for “for bona fide” to the end of the first sentence substitute <quotedText>“without arrangements in respect of which <ref href="#d28e8378">subsection (4B)</ref> applies.”</quotedText>;</mod></p></content></level></level><level class="para1" eId="section-38-1-c"><num>(c)</num><content><p><mod>in subsections (6) and (7), for “subsection (5)” substitute <quotedText>“<ref href="#d28e8378">subsection (4B)</ref>”</quotedText>;</mod></p></content></level><level class="para1" eId="section-38-1-d"><num>(d)</num><content><p><mod>after subsection (9) insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><subsection><num>(10)</num><content><p>In this section, “<term refersTo="#term-arrangements">arrangements</term>” includes any agreement, understanding, scheme, transaction or series of transactions (whether or not legally enforceable).</p></content></subsection></quotedStructure></mod></p></content></level></subsection><subsection eId="section-38-2"><num>(2)</num><content><p>The amendments made by this section have effect in relation to arrangements involving the transfer of assets of a business on or after 26 November 2025.</p></content></subsection><subsection eId="section-38-3"><num>(3)</num><intro><p>But this section does not have effect in relation to a case where—</p></intro><level class="para1" eId="section-38-3-a"><num>(a)</num><content><p>a company has made an application under section 139(5) of TCGA 1992 before 26 November 2025,</p></content></level><level class="para1" eId="section-38-3-b"><num>(b)</num><content><p>the Commissioners for His Majesty’s Revenue and Customs have notified the company of their satisfaction under that subsection, or the tribunal has notified the company of its satisfaction under section 138(4) of TCGA 1992 (as applied by section 139(5) of that Act), in relation to the application, and</p></content></level><level class="para1" eId="section-38-3-c"><num>(c)</num><content><p>the transfer of assets in respect of which the application was made occurs before 26 January 2026 or, if later, before the end of the period of 60 days beginning with the day on which notification mentioned in <ref href="#section-38-3-b">paragraph (b)</ref> was made.</p></content></level></subsection></section>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="section-38-1"><num>(1)</num><intro><p>In section 139 (reconstruction involving transfer of business)—</p></intro><level class="para1" eId="section-38-1-a"><num>(a)</num><content><p><mod>after subsection (4) insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><subsection eId="d28e8372"><num>(4A)</num><content><p>Subsection (4B) applies in respect of arrangements relating to a reconstruction as regards which this section applies if the main purpose, or one of the main purposes, of the arrangements is to reduce or avoid liability to capital gains tax, corporation tax or income tax.</p></content></subsection><subsection eId="d28e8378"><num>(4B)</num><content><p>Any such reduction or avoidance that would (in the absence of this subsection) arise from such arrangements is to be counteracted by the making of such adjustments as are just and reasonable (in light of the reduction or avoidance).</p></content></subsection><subsection><num>(4C)</num><content><p>This includes, in an appropriate case, disapplying this section insofar as is required to counteract the reduction or avoidance.</p></content></subsection><subsection eId="d28e8390"><num>(4D)</num><intro><p>Any adjustments required to be made under <ref href="#d28e8378">subsection (4B)</ref> (whether or not by an officer of Revenue and Customs) may be made by way of—</p></intro><level class="para1"><num>(a)</num><content><p>an assessment, or</p></content></level><level class="para1"><num>(b)</num><content><p>the modification of an assessment.</p></content></level></subsection></quotedStructure></mod></p></content></level><level class="para1" eId="section-38-1-b"><num>(b)</num><intro><p>in subsection (5)—</p></intro><level class="para2" eId="section-38-1-b-i"><num>(i)</num><content><p><mod>for the words from the beginning of the subsection to “operation of this section” substitute <quotedText>“Subsections <ref href="#d28e8372">(4A)</ref> to <ref href="#d28e8390">(4D)</ref> do not apply”</quotedText>;</mod></p></content></level><level class="para2" eId="section-38-1-b-ii"><num>(ii)</num><content><p><mod>for “for bona fide” to the end of the first sentence substitute <quotedText>“without arrangements in respect of which <ref href="#d28e8378">subsection (4B)</ref> applies.”</quotedText>;</mod></p></content></level></level><level class="para1" eId="section-38-1-c"><num>(c)</num><content><p><mod>in subsections (6) and (7), for “subsection (5)” substitute <quotedText>“<ref href="#d28e8378">subsection (4B)</ref>”</quotedText>;</mod></p></content></level><level class="para1" eId="section-38-1-d"><num>(d)</num><content><p><mod>after subsection (9) insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><subsection><num>(10)</num><content><p>In this section, “<term refersTo="#term-arrangements">arrangements</term>” includes any agreement, understanding, scheme, transaction or series of transactions (whether or not legally enforceable).</p></content></subsection></quotedStructure></mod></p></content></level></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" class="para1" eId="section-38-1-a"><num>(a)</num><content><p><mod>after subsection (4) insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><subsection eId="d28e8372"><num>(4A)</num><content><p>Subsection (4B) applies in respect of arrangements relating to a reconstruction as regards which this section applies if the main purpose, or one of the main purposes, of the arrangements is to reduce or avoid liability to capital gains tax, corporation tax or income tax.</p></content></subsection><subsection eId="d28e8378"><num>(4B)</num><content><p>Any such reduction or avoidance that would (in the absence of this subsection) arise from such arrangements is to be counteracted by the making of such adjustments as are just and reasonable (in light of the reduction or avoidance).</p></content></subsection><subsection><num>(4C)</num><content><p>This includes, in an appropriate case, disapplying this section insofar as is required to counteract the reduction or avoidance.</p></content></subsection><subsection eId="d28e8390"><num>(4D)</num><intro><p>Any adjustments required to be made under <ref href="#d28e8378">subsection (4B)</ref> (whether or not by an officer of Revenue and Customs) may be made by way of—</p></intro><level class="para1"><num>(a)</num><content><p>an assessment, or</p></content></level><level class="para1"><num>(b)</num><content><p>the modification of an assessment.</p></content></level></subsection></quotedStructure></mod></p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-38-1-b"><num>(b)</num><intro><p>in subsection (5)—</p></intro><level class="para2" eId="section-38-1-b-i"><num>(i)</num><content><p><mod>for the words from the beginning of the subsection to “operation of this section” substitute <quotedText>“Subsections <ref href="#d28e8372">(4A)</ref> to <ref href="#d28e8390">(4D)</ref> do not apply”</quotedText>;</mod></p></content></level><level class="para2" eId="section-38-1-b-ii"><num>(ii)</num><content><p><mod>for “for bona fide” to the end of the first sentence substitute <quotedText>“without arrangements in respect of which <ref href="#d28e8378">subsection (4B)</ref> applies.”</quotedText>;</mod></p></content></level></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para2" eId="section-38-1-b-i"><num>(i)</num><content><p><mod>for the words from the beginning of the subsection to “operation of this section” substitute <quotedText>“Subsections <ref href="#d28e8372">(4A)</ref> to <ref href="#d28e8390">(4D)</ref> do not apply”</quotedText>;</mod></p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para2" eId="section-38-1-b-ii"><num>(ii)</num><content><p><mod>for “for bona fide” to the end of the first sentence substitute <quotedText>“without arrangements in respect of which <ref href="#d28e8378">subsection (4B)</ref> applies.”</quotedText>;</mod></p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-38-1-c"><num>(c)</num><content><p><mod>in subsections (6) and (7), for “subsection (5)” substitute <quotedText>“<ref href="#d28e8378">subsection (4B)</ref>”</quotedText>;</mod></p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" class="para1" eId="section-38-1-d"><num>(d)</num><content><p><mod>after subsection (9) insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><subsection><num>(10)</num><content><p>In this section, “<term refersTo="#term-arrangements">arrangements</term>” includes any agreement, understanding, scheme, transaction or series of transactions (whether or not legally enforceable).</p></content></subsection></quotedStructure></mod></p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-38-2"><num>(2)</num><content><p>The amendments made by this section have effect in relation to arrangements involving the transfer of assets of a business on or after 26 November 2025.</p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-38-3"><num>(3)</num><intro><p>But this section does not have effect in relation to a case where—</p></intro><level class="para1" eId="section-38-3-a"><num>(a)</num><content><p>a company has made an application under section 139(5) of TCGA 1992 before 26 November 2025,</p></content></level><level class="para1" eId="section-38-3-b"><num>(b)</num><content><p>the Commissioners for His Majesty’s Revenue and Customs have notified the company of their satisfaction under that subsection, or the tribunal has notified the company of its satisfaction under section 138(4) of TCGA 1992 (as applied by section 139(5) of that Act), in relation to the application, and</p></content></level><level class="para1" eId="section-38-3-c"><num>(c)</num><content><p>the transfer of assets in respect of which the application was made occurs before 26 January 2026 or, if later, before the end of the period of 60 days beginning with the day on which notification mentioned in <ref href="#section-38-3-b">paragraph (b)</ref> was made.</p></content></level></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-38-3-a"><num>(a)</num><content><p>a company has made an application under section 139(5) of TCGA 1992 before 26 November 2025,</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-38-3-b"><num>(b)</num><content><p>the Commissioners for His Majesty’s Revenue and Customs have notified the company of their satisfaction under that subsection, or the tribunal has notified the company of its satisfaction under section 138(4) of TCGA 1992 (as applied by section 139(5) of that Act), in relation to the application, and</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-38-3-c"><num>(c)</num><content><p>the transfer of assets in respect of which the application was made occurs before 26 January 2026 or, if later, before the end of the period of 60 days beginning with the day on which notification mentioned in <ref href="#section-38-3-b">paragraph (b)</ref> was made.</p></content></level>
<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="section-39"><num>39</num><heading>Incorporation relief: requirement to claim</heading><subsection eId="section-39-1"><num>(1)</num><content><p><ref eId="c00064" href="https://www.legislation.gov.uk/ukpga/1992/12/section/162">Section 162</ref> of <ref eId="c00065" href="https://www.legislation.gov.uk/ukpga/1992/12/contents">TCGA 1992</ref> (roll-over relief on transfer of business) is amended as follows.</p></content></subsection><subsection eId="section-39-2"><num>(2)</num><intro><p>In <ref eId="c00066" href="https://www.legislation.gov.uk/ukpga/1992/12/section/162">subsection (1)</ref>—</p></intro><level class="para1" eId="section-39-2-a"><num>(a)</num><content><p>the words from “a person who is not a company” to the end of the first sentence of the subsection become <ref eId="c00067" href="https://www.legislation.gov.uk/ukpga/1992/12/section/162">paragraph (a)</ref>;</p></content></level><level class="para1" eId="section-39-2-b"><num>(b)</num><content><p><mod>after <ref eId="c00068" href="https://www.legislation.gov.uk/ukpga/1992/12/section/162">that paragraph</ref> insert <quotedText startQuote="“">, and</quotedText><quotedStructure endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="default"><level class="para1"><num>(b)</num><content><p>the person makes a claim in respect of the transfer, including such information as the Commissioners may require, on or before the first anniversary of the 31 January following the tax year in which the transfer of the business took place.</p></content></level></quotedStructure></mod></p></content></level></subsection><subsection eId="section-39-3"><num>(3)</num><content><p><mod>After subsection (5) insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><subsection><num>(6)</num><content><p>In this section, “<term refersTo="#term-the-commissioners">the Commissioners</term>” means the Commissioners for His Majesty’s Revenue and Customs.</p></content></subsection></quotedStructure></mod></p></content></subsection><subsection eId="section-39-4"><num>(4)</num><content><p>Omit <ref eId="c00069" href="https://www.legislation.gov.uk/ukpga/1992/12/section/162A">section 162A</ref> of <ref eId="c00070" href="https://www.legislation.gov.uk/ukpga/1992/12/contents">TCGA 1992</ref> (election for section 162 not to apply).</p></content></subsection><subsection eId="section-39-5"><num>(5)</num><content><p>The amendments made by this section have effect in relation to transfers of businesses made on or after 6 April 2026.</p></content></subsection></section>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-39-1"><num>(1)</num><content><p><ref eId="c00064" href="https://www.legislation.gov.uk/ukpga/1992/12/section/162">Section 162</ref> of <ref eId="c00065" href="https://www.legislation.gov.uk/ukpga/1992/12/contents">TCGA 1992</ref> (roll-over relief on transfer of business) is amended as follows.</p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="section-39-2"><num>(2)</num><intro><p>In <ref eId="c00066" href="https://www.legislation.gov.uk/ukpga/1992/12/section/162">subsection (1)</ref>—</p></intro><level class="para1" eId="section-39-2-a"><num>(a)</num><content><p>the words from “a person who is not a company” to the end of the first sentence of the subsection become <ref eId="c00067" href="https://www.legislation.gov.uk/ukpga/1992/12/section/162">paragraph (a)</ref>;</p></content></level><level class="para1" eId="section-39-2-b"><num>(b)</num><content><p><mod>after <ref eId="c00068" href="https://www.legislation.gov.uk/ukpga/1992/12/section/162">that paragraph</ref> insert <quotedText startQuote="“">, and</quotedText><quotedStructure endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="default"><level class="para1"><num>(b)</num><content><p>the person makes a claim in respect of the transfer, including such information as the Commissioners may require, on or before the first anniversary of the 31 January following the tax year in which the transfer of the business took place.</p></content></level></quotedStructure></mod></p></content></level></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-39-2-a"><num>(a)</num><content><p>the words from “a person who is not a company” to the end of the first sentence of the subsection become <ref eId="c00067" href="https://www.legislation.gov.uk/ukpga/1992/12/section/162">paragraph (a)</ref>;</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" class="para1" eId="section-39-2-b"><num>(b)</num><content><p><mod>after <ref eId="c00068" href="https://www.legislation.gov.uk/ukpga/1992/12/section/162">that paragraph</ref> insert <quotedText startQuote="“">, and</quotedText><quotedStructure endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="default"><level class="para1"><num>(b)</num><content><p>the person makes a claim in respect of the transfer, including such information as the Commissioners may require, on or before the first anniversary of the 31 January following the tax year in which the transfer of the business took place.</p></content></level></quotedStructure></mod></p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="section-39-3"><num>(3)</num><content><p><mod>After subsection (5) insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><subsection><num>(6)</num><content><p>In this section, “<term refersTo="#term-the-commissioners">the Commissioners</term>” means the Commissioners for His Majesty’s Revenue and Customs.</p></content></subsection></quotedStructure></mod></p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-39-4"><num>(4)</num><content><p>Omit <ref eId="c00069" href="https://www.legislation.gov.uk/ukpga/1992/12/section/162A">section 162A</ref> of <ref eId="c00070" href="https://www.legislation.gov.uk/ukpga/1992/12/contents">TCGA 1992</ref> (election for section 162 not to apply).</p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-39-5"><num>(5)</num><content><p>The amendments made by this section have effect in relation to transfers of businesses made on or after 6 April 2026.</p></content></subsection>
<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="section-40"><num>40</num><heading>Non-residents: cell companies</heading><subsection eId="section-40-1"><num>(1)</num><content><p>Part 4 of Schedule 1A to TCGA 1992 (anti-avoidance relating to assets deriving 75% of value from UK land) is amended as follows.</p></content></subsection><subsection eId="section-40-2"><num>(2)</num><content><p><mod>For the heading of the Part substitute <quotedText>“Cell companies and anti-avoidance”</quotedText>.</mod></p></content></subsection><subsection eId="section-40-3"><num>(3)</num><content><p><mod>Before paragraph 11 insert—<quotedStructure startQuote="“" endQuote="”" uk:context="schedule" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="schedule" ukl:Format="double"><hcontainer name="crossheading" class="schGroup7"><heading>Cell companies</heading><paragraph class="schProv1"><num>10A</num><subparagraph><num>(1)</num><content><p>In the application of this Schedule in relation to the disposal of an asset consisting of a right or an interest in a cell company, each cell of the company is to be treated as if it were an individual company.</p></content></subparagraph><subparagraph><num>(2)</num><intro><p>For the purposes of this paragraph—</p></intro><level class="para1"><num>(a)</num><intro><p>a company is a “cell company” if under the law under which the company is formed, under the company’s articles of association or other document regulating the company or under arrangements entered into by or in relation to the company—</p></intro><level class="para2"><num>(i)</num><content><p>some or all of the assets of the company are available primarily, or only, to meet particular liabilities of the company, and</p></content></level><level class="para2"><num>(ii)</num><content><p>some or all of the members of the company, and some or all of its creditors, have rights primarily, or only, in relation to particular assets of the company;</p></content></level></level><level class="para1"><num>(b)</num><content><p>“<term refersTo="#term-cell">cell</term>”, in relation a cell company, means an identifiable part of the company that carries on distinct business activities and to which particular assets and liabilities of the company are primarily or wholly attributable.</p></content></level></subparagraph></paragraph></hcontainer><heading ukl:Context="P1group">Anti-avoidance</heading></quotedStructure><inline name="appendText">.</inline></mod></p></content></subsection><subsection eId="section-40-4"><num>(4)</num><content><p>The amendments made by this section have effect in relation to disposals made on or after 26 November 2025.</p></content></subsection></section>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-40-1"><num>(1)</num><content><p>Part 4 of Schedule 1A to TCGA 1992 (anti-avoidance relating to assets deriving 75% of value from UK land) is amended as follows.</p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-40-2"><num>(2)</num><content><p><mod>For the heading of the Part substitute <quotedText>“Cell companies and anti-avoidance”</quotedText>.</mod></p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="section-40-3"><num>(3)</num><content><p><mod>Before paragraph 11 insert—<quotedStructure startQuote="“" endQuote="”" uk:context="schedule" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="schedule" ukl:Format="double"><hcontainer name="crossheading" class="schGroup7"><heading>Cell companies</heading><paragraph class="schProv1"><num>10A</num><subparagraph><num>(1)</num><content><p>In the application of this Schedule in relation to the disposal of an asset consisting of a right or an interest in a cell company, each cell of the company is to be treated as if it were an individual company.</p></content></subparagraph><subparagraph><num>(2)</num><intro><p>For the purposes of this paragraph—</p></intro><level class="para1"><num>(a)</num><intro><p>a company is a “cell company” if under the law under which the company is formed, under the company’s articles of association or other document regulating the company or under arrangements entered into by or in relation to the company—</p></intro><level class="para2"><num>(i)</num><content><p>some or all of the assets of the company are available primarily, or only, to meet particular liabilities of the company, and</p></content></level><level class="para2"><num>(ii)</num><content><p>some or all of the members of the company, and some or all of its creditors, have rights primarily, or only, in relation to particular assets of the company;</p></content></level></level><level class="para1"><num>(b)</num><content><p>“<term refersTo="#term-cell">cell</term>”, in relation a cell company, means an identifiable part of the company that carries on distinct business activities and to which particular assets and liabilities of the company are primarily or wholly attributable.</p></content></level></subparagraph></paragraph></hcontainer><heading ukl:Context="P1group">Anti-avoidance</heading></quotedStructure><inline name="appendText">.</inline></mod></p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-40-4"><num>(4)</num><content><p>The amendments made by this section have effect in relation to disposals made on or after 26 November 2025.</p></content></subsection>
<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="section-41"><num>41</num><heading>Non-residents: double taxation relief relating to collective investment vehicles</heading><subsection eId="section-41-1"><num>(1)</num><content><p><mod>In paragraph 2 of Schedule 18 to FA 1998 (duty to give notice of chargeability to corporation tax), after sub-paragraph (2) insert—<quotedStructure startQuote="“" endQuote="”" uk:context="schedule" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="schedule" ukl:Format="double"><subparagraph><num>(2A)</num><content><p>Where sub-paragraph (1A) would apply as regards a company if the company were to make a claim to obtain relief under section 6(2)(a) or (3)(a) of TIOPA 2010 in respect of a disposal that has an appropriate connection to a collective investment vehicle for the purposes of paragraph 6 of Schedule 5AAA to TCGA 1992, the company is not required to make such a claim in order to obtain relief in respect of the disposal (despite section 6(6) of TIOPA 2010).</p></content></subparagraph></quotedStructure></mod></p></content></subsection><subsection eId="section-41-2"><num>(2)</num><content><p><mod>In section 55A of FA 2004 (exception to duty to give notice to coming within charge to corporation tax), after subsection (4) insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><subsection><num>(5)</num><content><p>Where subsection (1) would apply as regards a company if the company were to make a claim to obtain relief under section 6(2)(a) or (3)(a) of TIOPA 2010 in respect of a disposal that has an appropriate connection to a collective investment vehicle for the purposes of paragraph 6 of Schedule 5AAA to TCGA 1992, the company is not required to make such a claim in order to obtain relief in respect of the disposal (despite section 6(6) of TIOPA 2010).</p></content></subsection></quotedStructure></mod></p></content></subsection><subsection eId="section-41-3"><num>(3)</num><intro><p>In Schedule 2 to FA 2019—</p></intro><level class="para1" eId="section-41-3-a"><num>(a)</num><content><p><mod>in the heading before paragraph 10 (no return required in respect of disposal connected to CIS), for “schemes” substitute <quotedText>“vehicles”</quotedText>;</mod></p></content></level><level class="para1" eId="section-41-3-b"><num>(b)</num><intro><p>in paragraph 10—</p></intro><level class="para2" eId="section-41-3-b-i"><num>(i)</num><content><p><mod>for “scheme” substitute <quotedText>“vehicle”</quotedText>;</mod></p></content></level><level class="para2" eId="section-41-3-b-ii"><num>(ii)</num><content><p><mod>after sub-paragraph (2) insert—<quotedStructure startQuote="“" endQuote="”" uk:context="schedule" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="schedule" ukl:Format="double"><subparagraph><num>(3)</num><content><p>If, by virtue of sub-paragraph (1), a person is not required to make or deliver a return under this Schedule in respect of a disposal, the person is not required to make a claim to obtain relief under section 6(2)(a) or (3)(a) of TIOPA 2010 in respect of the disposal (despite subsection (6) of that section).</p></content></subparagraph></quotedStructure><inline name="appendText">;</inline></mod></p></content></level></level><level class="para1" eId="section-41-3-c"><num>(c)</num><intro><p>in paragraph 11(1)(a)—</p></intro><level class="para2" eId="section-41-3-c-i"><num>(i)</num><content><p><mod>for “CIS” substitute <quotedText>“CIV”</quotedText>;</mod></p></content></level><level class="para2" eId="section-41-3-c-ii"><num>(ii)</num><content><p><mod>for “scheme” substitute <quotedText>“vehicle”</quotedText>;</mod></p></content></level></level><level class="para1" eId="section-41-3-d"><num>(d)</num><content><p><mod>in paragraph 11(1)(b), for “subject of the scheme” substitute <quotedText>“subject of or held by the vehicle”</quotedText>;</mod></p></content></level><level class="para1" eId="section-41-3-e"><num>(e)</num><content><p><mod>in paragraph 12(1)(a), for “CIS” substitute <quotedText>“CIV”</quotedText>.</mod></p></content></level></subsection><subsection eId="section-41-4"><num>(4)</num><content><p>The amendments made by <ref href="#section-41-1">subsections (1)</ref> and <ref href="#section-41-2">(2)</ref> have effect in relation to disposals made on or after 1 April 2026.</p></content></subsection><subsection eId="section-41-5"><num>(5)</num><content><p>The amendments made by <ref href="#section-41-3">subsection (3)</ref> have effect in relation to disposals made on or after 6 April 2026.</p></content></subsection></section>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="section-41-1"><num>(1)</num><content><p><mod>In paragraph 2 of Schedule 18 to FA 1998 (duty to give notice of chargeability to corporation tax), after sub-paragraph (2) insert—<quotedStructure startQuote="“" endQuote="”" uk:context="schedule" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="schedule" ukl:Format="double"><subparagraph><num>(2A)</num><content><p>Where sub-paragraph (1A) would apply as regards a company if the company were to make a claim to obtain relief under section 6(2)(a) or (3)(a) of TIOPA 2010 in respect of a disposal that has an appropriate connection to a collective investment vehicle for the purposes of paragraph 6 of Schedule 5AAA to TCGA 1992, the company is not required to make such a claim in order to obtain relief in respect of the disposal (despite section 6(6) of TIOPA 2010).</p></content></subparagraph></quotedStructure></mod></p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="section-41-2"><num>(2)</num><content><p><mod>In section 55A of FA 2004 (exception to duty to give notice to coming within charge to corporation tax), after subsection (4) insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><subsection><num>(5)</num><content><p>Where subsection (1) would apply as regards a company if the company were to make a claim to obtain relief under section 6(2)(a) or (3)(a) of TIOPA 2010 in respect of a disposal that has an appropriate connection to a collective investment vehicle for the purposes of paragraph 6 of Schedule 5AAA to TCGA 1992, the company is not required to make such a claim in order to obtain relief in respect of the disposal (despite section 6(6) of TIOPA 2010).</p></content></subsection></quotedStructure></mod></p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="section-41-3"><num>(3)</num><intro><p>In Schedule 2 to FA 2019—</p></intro><level class="para1" eId="section-41-3-a"><num>(a)</num><content><p><mod>in the heading before paragraph 10 (no return required in respect of disposal connected to CIS), for “schemes” substitute <quotedText>“vehicles”</quotedText>;</mod></p></content></level><level class="para1" eId="section-41-3-b"><num>(b)</num><intro><p>in paragraph 10—</p></intro><level class="para2" eId="section-41-3-b-i"><num>(i)</num><content><p><mod>for “scheme” substitute <quotedText>“vehicle”</quotedText>;</mod></p></content></level><level class="para2" eId="section-41-3-b-ii"><num>(ii)</num><content><p><mod>after sub-paragraph (2) insert—<quotedStructure startQuote="“" endQuote="”" uk:context="schedule" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="schedule" ukl:Format="double"><subparagraph><num>(3)</num><content><p>If, by virtue of sub-paragraph (1), a person is not required to make or deliver a return under this Schedule in respect of a disposal, the person is not required to make a claim to obtain relief under section 6(2)(a) or (3)(a) of TIOPA 2010 in respect of the disposal (despite subsection (6) of that section).</p></content></subparagraph></quotedStructure><inline name="appendText">;</inline></mod></p></content></level></level><level class="para1" eId="section-41-3-c"><num>(c)</num><intro><p>in paragraph 11(1)(a)—</p></intro><level class="para2" eId="section-41-3-c-i"><num>(i)</num><content><p><mod>for “CIS” substitute <quotedText>“CIV”</quotedText>;</mod></p></content></level><level class="para2" eId="section-41-3-c-ii"><num>(ii)</num><content><p><mod>for “scheme” substitute <quotedText>“vehicle”</quotedText>;</mod></p></content></level></level><level class="para1" eId="section-41-3-d"><num>(d)</num><content><p><mod>in paragraph 11(1)(b), for “subject of the scheme” substitute <quotedText>“subject of or held by the vehicle”</quotedText>;</mod></p></content></level><level class="para1" eId="section-41-3-e"><num>(e)</num><content><p><mod>in paragraph 12(1)(a), for “CIS” substitute <quotedText>“CIV”</quotedText>.</mod></p></content></level></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-41-3-a"><num>(a)</num><content><p><mod>in the heading before paragraph 10 (no return required in respect of disposal connected to CIS), for “schemes” substitute <quotedText>“vehicles”</quotedText>;</mod></p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" class="para1" eId="section-41-3-b"><num>(b)</num><intro><p>in paragraph 10—</p></intro><level class="para2" eId="section-41-3-b-i"><num>(i)</num><content><p><mod>for “scheme” substitute <quotedText>“vehicle”</quotedText>;</mod></p></content></level><level class="para2" eId="section-41-3-b-ii"><num>(ii)</num><content><p><mod>after sub-paragraph (2) insert—<quotedStructure startQuote="“" endQuote="”" uk:context="schedule" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="schedule" ukl:Format="double"><subparagraph><num>(3)</num><content><p>If, by virtue of sub-paragraph (1), a person is not required to make or deliver a return under this Schedule in respect of a disposal, the person is not required to make a claim to obtain relief under section 6(2)(a) or (3)(a) of TIOPA 2010 in respect of the disposal (despite subsection (6) of that section).</p></content></subparagraph></quotedStructure><inline name="appendText">;</inline></mod></p></content></level></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para2" eId="section-41-3-b-i"><num>(i)</num><content><p><mod>for “scheme” substitute <quotedText>“vehicle”</quotedText>;</mod></p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" class="para2" eId="section-41-3-b-ii"><num>(ii)</num><content><p><mod>after sub-paragraph (2) insert—<quotedStructure startQuote="“" endQuote="”" uk:context="schedule" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="schedule" ukl:Format="double"><subparagraph><num>(3)</num><content><p>If, by virtue of sub-paragraph (1), a person is not required to make or deliver a return under this Schedule in respect of a disposal, the person is not required to make a claim to obtain relief under section 6(2)(a) or (3)(a) of TIOPA 2010 in respect of the disposal (despite subsection (6) of that section).</p></content></subparagraph></quotedStructure><inline name="appendText">;</inline></mod></p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-41-3-c"><num>(c)</num><intro><p>in paragraph 11(1)(a)—</p></intro><level class="para2" eId="section-41-3-c-i"><num>(i)</num><content><p><mod>for “CIS” substitute <quotedText>“CIV”</quotedText>;</mod></p></content></level><level class="para2" eId="section-41-3-c-ii"><num>(ii)</num><content><p><mod>for “scheme” substitute <quotedText>“vehicle”</quotedText>;</mod></p></content></level></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para2" eId="section-41-3-c-i"><num>(i)</num><content><p><mod>for “CIS” substitute <quotedText>“CIV”</quotedText>;</mod></p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para2" eId="section-41-3-c-ii"><num>(ii)</num><content><p><mod>for “scheme” substitute <quotedText>“vehicle”</quotedText>;</mod></p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-41-3-d"><num>(d)</num><content><p><mod>in paragraph 11(1)(b), for “subject of the scheme” substitute <quotedText>“subject of or held by the vehicle”</quotedText>;</mod></p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-41-3-e"><num>(e)</num><content><p><mod>in paragraph 12(1)(a), for “CIS” substitute <quotedText>“CIV”</quotedText>.</mod></p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-41-4"><num>(4)</num><content><p>The amendments made by <ref href="#section-41-1">subsections (1)</ref> and <ref href="#section-41-2">(2)</ref> have effect in relation to disposals made on or after 1 April 2026.</p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-41-5"><num>(5)</num><content><p>The amendments made by <ref href="#section-41-3">subsection (3)</ref> have effect in relation to disposals made on or after 6 April 2026.</p></content></subsection>
<hcontainer xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" name="crossheading" ukl:Name="Pblock" eId="part-1-crossheading-nonuk-residents-etc"><heading>Non-UK residents etc</heading><section eId="section-42"><num>42</num><heading>Abolition of notional tax credit on distributions received by non-UK residents</heading><subsection eId="section-42-1"><num>(1)</num><content><p>Omit section 399 of ITTOIA 2005 (tax treated as paid on distributions received by non-UK resident persons).</p></content></subsection><subsection eId="section-42-2"><num>(2)</num><intro><p>In ITA 2007—</p></intro><level class="para1" eId="section-42-2-a"><num>(a)</num><content><p>in section 425 (total amount of income tax to which individual charged for a tax year), in subsection (5)(a), omit sub-paragraph (i);</p></content></level><level class="para1" eId="section-42-2-b"><num>(b)</num><content><p>in section 1026 (meaning of “<term refersTo="#term-non-qualifying-income" eId="term-non-qualifying-income">non-qualifying income</term>”), omit paragraph (a).</p></content></level></subsection><subsection eId="section-42-3"><num>(3)</num><intro><p>In TMA 1970—</p></intro><level class="para1" eId="section-42-3-a"><num>(a)</num><content><p>in section 9 (returns to include self-assessment), in subsection (1), in the closing words, omit “or section 399(2)”;</p></content></level><level class="para1" eId="section-42-3-b"><num>(b)</num><content><p>in section 59B (payment of income tax and capital gains tax), in subsection (1), in the closing words, omit “or section 399(2)”.</p></content></level></subsection><subsection eId="section-42-4"><num>(4)</num><content><p>In the Unauthorised Unit Trusts (Tax) Regulations 2013 (<ref eId="c00071" href="http://www.legislation.gov.uk/id/uksi/2013/2819">S.I. 2013/2819</ref>), in regulation 12 (treatment of income of an exempt unauthorised unit trust), omit paragraph (3)(b).</p></content></subsection><subsection eId="section-42-5"><num>(5)</num><content><p>The amendments made by this section have effect for the tax year 2026-27 and subsequent tax years.</p></content></subsection></section><section eId="section-43"><num>43</num><heading>Non-resident, and previously non-domiciled individuals</heading><subsection eId="section-43-1"><num>(1)</num><intro><p><ref href="#schedule-3-part-1">Part 1</ref> of <ref href="#schedule-3">Schedule 3</ref> makes provision about income tax and capital gains tax in connection with whether an individual has been non-UK resident or domiciled outside the United Kingdom, including—</p></intro><level class="para1" eId="section-43-1-a"><num>(a)</num><content><p>provision about the reliefs for qualifying new residents,</p></content></level><level class="para1" eId="section-43-1-b"><num>(b)</num><content><p>provision about the residency of personal representatives, and</p></content></level><level class="para1" eId="section-43-1-c"><num>(c)</num><content><p>provision about former users of the remittance basis.</p></content></level></subsection><subsection eId="section-43-2"><num>(2)</num><content><p><ref href="#schedule-3-part-2">Part 2</ref> of that Schedule makes provision amending Schedule 10 to FA 2025 (temporary repatriation facility).</p></content></subsection><subsection eId="section-43-3"><num>(3)</num><content><p><ref href="#schedule-3-part-3">Part 3</ref> of that Schedule makes provision about individuals who have been temporarily non-resident.</p></content></subsection></section><section eId="section-44"><num>44</num><heading>Trust protections etc: minor amendments and transitional protection</heading><subsection eId="section-44-1"><num>(1)</num><intro><p>In Chapter 5 of Part 5 of ITTOIA 2005 (settlements), in section 643C (meaning of “<term refersTo="#term-available-protected-income" eId="term-available-protected-income">available protected income</term>”)—</p></intro><level class="para1" eId="section-44-1-a"><num>(a)</num><content><p><mod>in subsection (1), in Step 5, after “within” insert <quotedText>“Step 2 or”</quotedText>;</mod></p></content></level><level class="para1" eId="section-44-1-b"><num>(b)</num><content><p><mod>in subsection (3)(b), at the end insert <quotedText>“and not exempt from income tax by virtue of any of sections 737 to 742A of that Act”</quotedText>.</mod></p></content></level></subsection><subsection eId="section-44-2"><num>(2)</num><intro><p>In Chapter 2 of Part 13 of ITA 2007 (transfer of assets abroad), in section 733 (benefits charge: amount of deemed income), in subsection (2B)—</p></intro><level class="para1" eId="section-44-2-a"><num>(a)</num><content><p><mod>in paragraph (a), for “732(2)” substitute <quotedText>“721, 728 or 732”</quotedText>;</mod></p></content></level><level class="para1" eId="section-44-2-b"><num>(b)</num><content><p>in the words after paragraph (b), omit “under section 731”.</p></content></level></subsection><subsection eId="section-44-3"><num>(3)</num><content><p>In section 87HA of TCGA 1992 (onward gifts from non-residents or qualifying new residents), in subsections (2) and (3), omit “capital”.</p></content></subsection><subsection eId="section-44-4"><num>(4)</num><content><p><mod>In FA 2025, in Schedule 12 (trust protections), in Part 4 (commencement and transitional provision), after paragraph 70 insert—<quotedStructure startQuote="“" endQuote="”" uk:context="schedule" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="schedule" ukl:Format="double"><hcontainer name="crossheading" class="schGroup7"><heading>Settlements: transitional protection where available protected income is increased by this Schedule</heading><paragraph class="schProv1"><num>70A</num><subparagraph><num>(1)</num><content><p>This paragraph applies for the purposes of section 643A of ITTOIA 2005 if an individual’s untaxed benefits total in relation to a settlement for the tax year 2024-25 exceeded the available protected income up to the end of that tax year.</p></content></subparagraph><subparagraph><num>(2)</num><content><p>In determining under section 643B of that Act the individual’s untaxed benefits total for the tax year 2025-26 or a later tax year, any benefit provided to the individual in the tax year 2024-25 or an earlier tax year is to be disregarded at Step 1 in subsection (1).</p></content></subparagraph><subparagraph><num>(3)</num><content><p>In this paragraph “untaxed benefits total” and “<term refersTo="#term-available-protected-income">available protected income</term>”, in relation to an individual, a settlement and a tax year, are to be construed in accordance with sections 643B and 643C of ITTOIA 2005 (as they have or had effect for the tax year in question).</p></content></subparagraph></paragraph></hcontainer></quotedStructure></mod></p></content></subsection><subsection eId="section-44-5"><num>(5)</num><content><p>The amendments made by subsection (1) come into force on 6 April 2026.</p></content></subsection><subsection eId="section-44-6"><num>(6)</num><content><p>The amendments made by subsections (2) to (4) are treated as having come into force on 6 April 2025.</p></content></subsection></section><section eId="section-45"><num>45</num><heading>PAYE for treaty non-residents etc.</heading><subsection eId="section-45-1"><num>(1)</num><intro><p>Schedule <ref href="#schedule-4">4</ref>—</p></intro><level class="para1" eId="section-45-1-a"><num>(a)</num><content><p>makes provision for employer PAYE notifications in respect of treaty non-resident employees, and</p></content></level><level class="para1" eId="section-45-1-b"><num>(b)</num><content><p>makes other amendments to sections 690 to 690E of ITEPA 2003 in relation to the making of employer PAYE notifications and HMRC PAYE directions.</p></content></level></subsection><subsection eId="section-45-2"><num>(2)</num><content><p>The amendments made by Schedule <ref href="#schedule-4">4</ref> have effect for the tax year 2026-27 and subsequent tax years (but see <ref href="#schedule-4-paragraph-8">paragraph 8</ref><ref href="#schedule-4-paragraph-8-2">(2)</ref> of that Schedule).</p></content></subsection></section></hcontainer>
<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-42"><num>42</num><heading>Abolition of notional tax credit on distributions received by non-UK residents</heading><subsection eId="section-42-1"><num>(1)</num><content><p>Omit section 399 of ITTOIA 2005 (tax treated as paid on distributions received by non-UK resident persons).</p></content></subsection><subsection eId="section-42-2"><num>(2)</num><intro><p>In ITA 2007—</p></intro><level class="para1" eId="section-42-2-a"><num>(a)</num><content><p>in section 425 (total amount of income tax to which individual charged for a tax year), in subsection (5)(a), omit sub-paragraph (i);</p></content></level><level class="para1" eId="section-42-2-b"><num>(b)</num><content><p>in section 1026 (meaning of “<term refersTo="#term-non-qualifying-income" eId="term-non-qualifying-income">non-qualifying income</term>”), omit paragraph (a).</p></content></level></subsection><subsection eId="section-42-3"><num>(3)</num><intro><p>In TMA 1970—</p></intro><level class="para1" eId="section-42-3-a"><num>(a)</num><content><p>in section 9 (returns to include self-assessment), in subsection (1), in the closing words, omit “or section 399(2)”;</p></content></level><level class="para1" eId="section-42-3-b"><num>(b)</num><content><p>in section 59B (payment of income tax and capital gains tax), in subsection (1), in the closing words, omit “or section 399(2)”.</p></content></level></subsection><subsection eId="section-42-4"><num>(4)</num><content><p>In the Unauthorised Unit Trusts (Tax) Regulations 2013 (<ref eId="c00071" href="http://www.legislation.gov.uk/id/uksi/2013/2819">S.I. 2013/2819</ref>), in regulation 12 (treatment of income of an exempt unauthorised unit trust), omit paragraph (3)(b).</p></content></subsection><subsection eId="section-42-5"><num>(5)</num><content><p>The amendments made by this section have effect for the tax year 2026-27 and subsequent tax years.</p></content></subsection></section>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-42-1"><num>(1)</num><content><p>Omit section 399 of ITTOIA 2005 (tax treated as paid on distributions received by non-UK resident persons).</p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-42-2"><num>(2)</num><intro><p>In ITA 2007—</p></intro><level class="para1" eId="section-42-2-a"><num>(a)</num><content><p>in section 425 (total amount of income tax to which individual charged for a tax year), in subsection (5)(a), omit sub-paragraph (i);</p></content></level><level class="para1" eId="section-42-2-b"><num>(b)</num><content><p>in section 1026 (meaning of “<term refersTo="#term-non-qualifying-income" eId="term-non-qualifying-income">non-qualifying income</term>”), omit paragraph (a).</p></content></level></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-42-2-a"><num>(a)</num><content><p>in section 425 (total amount of income tax to which individual charged for a tax year), in subsection (5)(a), omit sub-paragraph (i);</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-42-2-b"><num>(b)</num><content><p>in section 1026 (meaning of “<term refersTo="#term-non-qualifying-income" eId="term-non-qualifying-income">non-qualifying income</term>”), omit paragraph (a).</p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-42-3"><num>(3)</num><intro><p>In TMA 1970—</p></intro><level class="para1" eId="section-42-3-a"><num>(a)</num><content><p>in section 9 (returns to include self-assessment), in subsection (1), in the closing words, omit “or section 399(2)”;</p></content></level><level class="para1" eId="section-42-3-b"><num>(b)</num><content><p>in section 59B (payment of income tax and capital gains tax), in subsection (1), in the closing words, omit “or section 399(2)”.</p></content></level></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-42-3-a"><num>(a)</num><content><p>in section 9 (returns to include self-assessment), in subsection (1), in the closing words, omit “or section 399(2)”;</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-42-3-b"><num>(b)</num><content><p>in section 59B (payment of income tax and capital gains tax), in subsection (1), in the closing words, omit “or section 399(2)”.</p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-42-4"><num>(4)</num><content><p>In the Unauthorised Unit Trusts (Tax) Regulations 2013 (<ref eId="c00071" href="http://www.legislation.gov.uk/id/uksi/2013/2819">S.I. 2013/2819</ref>), in regulation 12 (treatment of income of an exempt unauthorised unit trust), omit paragraph (3)(b).</p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-42-5"><num>(5)</num><content><p>The amendments made by this section have effect for the tax year 2026-27 and subsequent tax years.</p></content></subsection>
<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-43"><num>43</num><heading>Non-resident, and previously non-domiciled individuals</heading><subsection eId="section-43-1"><num>(1)</num><intro><p><ref href="#schedule-3-part-1">Part 1</ref> of <ref href="#schedule-3">Schedule 3</ref> makes provision about income tax and capital gains tax in connection with whether an individual has been non-UK resident or domiciled outside the United Kingdom, including—</p></intro><level class="para1" eId="section-43-1-a"><num>(a)</num><content><p>provision about the reliefs for qualifying new residents,</p></content></level><level class="para1" eId="section-43-1-b"><num>(b)</num><content><p>provision about the residency of personal representatives, and</p></content></level><level class="para1" eId="section-43-1-c"><num>(c)</num><content><p>provision about former users of the remittance basis.</p></content></level></subsection><subsection eId="section-43-2"><num>(2)</num><content><p><ref href="#schedule-3-part-2">Part 2</ref> of that Schedule makes provision amending Schedule 10 to FA 2025 (temporary repatriation facility).</p></content></subsection><subsection eId="section-43-3"><num>(3)</num><content><p><ref href="#schedule-3-part-3">Part 3</ref> of that Schedule makes provision about individuals who have been temporarily non-resident.</p></content></subsection></section>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-43-1"><num>(1)</num><intro><p><ref href="#schedule-3-part-1">Part 1</ref> of <ref href="#schedule-3">Schedule 3</ref> makes provision about income tax and capital gains tax in connection with whether an individual has been non-UK resident or domiciled outside the United Kingdom, including—</p></intro><level class="para1" eId="section-43-1-a"><num>(a)</num><content><p>provision about the reliefs for qualifying new residents,</p></content></level><level class="para1" eId="section-43-1-b"><num>(b)</num><content><p>provision about the residency of personal representatives, and</p></content></level><level class="para1" eId="section-43-1-c"><num>(c)</num><content><p>provision about former users of the remittance basis.</p></content></level></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-43-1-a"><num>(a)</num><content><p>provision about the reliefs for qualifying new residents,</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-43-1-b"><num>(b)</num><content><p>provision about the residency of personal representatives, and</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-43-1-c"><num>(c)</num><content><p>provision about former users of the remittance basis.</p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-43-2"><num>(2)</num><content><p><ref href="#schedule-3-part-2">Part 2</ref> of that Schedule makes provision amending Schedule 10 to FA 2025 (temporary repatriation facility).</p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-43-3"><num>(3)</num><content><p><ref href="#schedule-3-part-3">Part 3</ref> of that Schedule makes provision about individuals who have been temporarily non-resident.</p></content></subsection>
<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="section-44"><num>44</num><heading>Trust protections etc: minor amendments and transitional protection</heading><subsection eId="section-44-1"><num>(1)</num><intro><p>In Chapter 5 of Part 5 of ITTOIA 2005 (settlements), in section 643C (meaning of “<term refersTo="#term-available-protected-income" eId="term-available-protected-income">available protected income</term>”)—</p></intro><level class="para1" eId="section-44-1-a"><num>(a)</num><content><p><mod>in subsection (1), in Step 5, after “within” insert <quotedText>“Step 2 or”</quotedText>;</mod></p></content></level><level class="para1" eId="section-44-1-b"><num>(b)</num><content><p><mod>in subsection (3)(b), at the end insert <quotedText>“and not exempt from income tax by virtue of any of sections 737 to 742A of that Act”</quotedText>.</mod></p></content></level></subsection><subsection eId="section-44-2"><num>(2)</num><intro><p>In Chapter 2 of Part 13 of ITA 2007 (transfer of assets abroad), in section 733 (benefits charge: amount of deemed income), in subsection (2B)—</p></intro><level class="para1" eId="section-44-2-a"><num>(a)</num><content><p><mod>in paragraph (a), for “732(2)” substitute <quotedText>“721, 728 or 732”</quotedText>;</mod></p></content></level><level class="para1" eId="section-44-2-b"><num>(b)</num><content><p>in the words after paragraph (b), omit “under section 731”.</p></content></level></subsection><subsection eId="section-44-3"><num>(3)</num><content><p>In section 87HA of TCGA 1992 (onward gifts from non-residents or qualifying new residents), in subsections (2) and (3), omit “capital”.</p></content></subsection><subsection eId="section-44-4"><num>(4)</num><content><p><mod>In FA 2025, in Schedule 12 (trust protections), in Part 4 (commencement and transitional provision), after paragraph 70 insert—<quotedStructure startQuote="“" endQuote="”" uk:context="schedule" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="schedule" ukl:Format="double"><hcontainer name="crossheading" class="schGroup7"><heading>Settlements: transitional protection where available protected income is increased by this Schedule</heading><paragraph class="schProv1"><num>70A</num><subparagraph><num>(1)</num><content><p>This paragraph applies for the purposes of section 643A of ITTOIA 2005 if an individual’s untaxed benefits total in relation to a settlement for the tax year 2024-25 exceeded the available protected income up to the end of that tax year.</p></content></subparagraph><subparagraph><num>(2)</num><content><p>In determining under section 643B of that Act the individual’s untaxed benefits total for the tax year 2025-26 or a later tax year, any benefit provided to the individual in the tax year 2024-25 or an earlier tax year is to be disregarded at Step 1 in subsection (1).</p></content></subparagraph><subparagraph><num>(3)</num><content><p>In this paragraph “untaxed benefits total” and “<term refersTo="#term-available-protected-income">available protected income</term>”, in relation to an individual, a settlement and a tax year, are to be construed in accordance with sections 643B and 643C of ITTOIA 2005 (as they have or had effect for the tax year in question).</p></content></subparagraph></paragraph></hcontainer></quotedStructure></mod></p></content></subsection><subsection eId="section-44-5"><num>(5)</num><content><p>The amendments made by subsection (1) come into force on 6 April 2026.</p></content></subsection><subsection eId="section-44-6"><num>(6)</num><content><p>The amendments made by subsections (2) to (4) are treated as having come into force on 6 April 2025.</p></content></subsection></section>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-44-1"><num>(1)</num><intro><p>In Chapter 5 of Part 5 of ITTOIA 2005 (settlements), in section 643C (meaning of “<term refersTo="#term-available-protected-income" eId="term-available-protected-income">available protected income</term>”)—</p></intro><level class="para1" eId="section-44-1-a"><num>(a)</num><content><p><mod>in subsection (1), in Step 5, after “within” insert <quotedText>“Step 2 or”</quotedText>;</mod></p></content></level><level class="para1" eId="section-44-1-b"><num>(b)</num><content><p><mod>in subsection (3)(b), at the end insert <quotedText>“and not exempt from income tax by virtue of any of sections 737 to 742A of that Act”</quotedText>.</mod></p></content></level></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-44-1-a"><num>(a)</num><content><p><mod>in subsection (1), in Step 5, after “within” insert <quotedText>“Step 2 or”</quotedText>;</mod></p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-44-1-b"><num>(b)</num><content><p><mod>in subsection (3)(b), at the end insert <quotedText>“and not exempt from income tax by virtue of any of sections 737 to 742A of that Act”</quotedText>.</mod></p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-44-2"><num>(2)</num><intro><p>In Chapter 2 of Part 13 of ITA 2007 (transfer of assets abroad), in section 733 (benefits charge: amount of deemed income), in subsection (2B)—</p></intro><level class="para1" eId="section-44-2-a"><num>(a)</num><content><p><mod>in paragraph (a), for “732(2)” substitute <quotedText>“721, 728 or 732”</quotedText>;</mod></p></content></level><level class="para1" eId="section-44-2-b"><num>(b)</num><content><p>in the words after paragraph (b), omit “under section 731”.</p></content></level></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-44-2-a"><num>(a)</num><content><p><mod>in paragraph (a), for “732(2)” substitute <quotedText>“721, 728 or 732”</quotedText>;</mod></p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-44-2-b"><num>(b)</num><content><p>in the words after paragraph (b), omit “under section 731”.</p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-44-3"><num>(3)</num><content><p>In section 87HA of TCGA 1992 (onward gifts from non-residents or qualifying new residents), in subsections (2) and (3), omit “capital”.</p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="section-44-4"><num>(4)</num><content><p><mod>In FA 2025, in Schedule 12 (trust protections), in Part 4 (commencement and transitional provision), after paragraph 70 insert—<quotedStructure startQuote="“" endQuote="”" uk:context="schedule" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="schedule" ukl:Format="double"><hcontainer name="crossheading" class="schGroup7"><heading>Settlements: transitional protection where available protected income is increased by this Schedule</heading><paragraph class="schProv1"><num>70A</num><subparagraph><num>(1)</num><content><p>This paragraph applies for the purposes of section 643A of ITTOIA 2005 if an individual’s untaxed benefits total in relation to a settlement for the tax year 2024-25 exceeded the available protected income up to the end of that tax year.</p></content></subparagraph><subparagraph><num>(2)</num><content><p>In determining under section 643B of that Act the individual’s untaxed benefits total for the tax year 2025-26 or a later tax year, any benefit provided to the individual in the tax year 2024-25 or an earlier tax year is to be disregarded at Step 1 in subsection (1).</p></content></subparagraph><subparagraph><num>(3)</num><content><p>In this paragraph “untaxed benefits total” and “<term refersTo="#term-available-protected-income">available protected income</term>”, in relation to an individual, a settlement and a tax year, are to be construed in accordance with sections 643B and 643C of ITTOIA 2005 (as they have or had effect for the tax year in question).</p></content></subparagraph></paragraph></hcontainer></quotedStructure></mod></p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-44-5"><num>(5)</num><content><p>The amendments made by subsection (1) come into force on 6 April 2026.</p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-44-6"><num>(6)</num><content><p>The amendments made by subsections (2) to (4) are treated as having come into force on 6 April 2025.</p></content></subsection>
<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-45"><num>45</num><heading>PAYE for treaty non-residents etc.</heading><subsection eId="section-45-1"><num>(1)</num><intro><p>Schedule <ref href="#schedule-4">4</ref>—</p></intro><level class="para1" eId="section-45-1-a"><num>(a)</num><content><p>makes provision for employer PAYE notifications in respect of treaty non-resident employees, and</p></content></level><level class="para1" eId="section-45-1-b"><num>(b)</num><content><p>makes other amendments to sections 690 to 690E of ITEPA 2003 in relation to the making of employer PAYE notifications and HMRC PAYE directions.</p></content></level></subsection><subsection eId="section-45-2"><num>(2)</num><content><p>The amendments made by Schedule <ref href="#schedule-4">4</ref> have effect for the tax year 2026-27 and subsequent tax years (but see <ref href="#schedule-4-paragraph-8">paragraph 8</ref><ref href="#schedule-4-paragraph-8-2">(2)</ref> of that Schedule).</p></content></subsection></section>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-45-1"><num>(1)</num><intro><p>Schedule <ref href="#schedule-4">4</ref>—</p></intro><level class="para1" eId="section-45-1-a"><num>(a)</num><content><p>makes provision for employer PAYE notifications in respect of treaty non-resident employees, and</p></content></level><level class="para1" eId="section-45-1-b"><num>(b)</num><content><p>makes other amendments to sections 690 to 690E of ITEPA 2003 in relation to the making of employer PAYE notifications and HMRC PAYE directions.</p></content></level></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-45-1-a"><num>(a)</num><content><p>makes provision for employer PAYE notifications in respect of treaty non-resident employees, and</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-45-1-b"><num>(b)</num><content><p>makes other amendments to sections 690 to 690E of ITEPA 2003 in relation to the making of employer PAYE notifications and HMRC PAYE directions.</p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-45-2"><num>(2)</num><content><p>The amendments made by Schedule <ref href="#schedule-4">4</ref> have effect for the tax year 2026-27 and subsequent tax years (but see <ref href="#schedule-4-paragraph-8">paragraph 8</ref><ref href="#schedule-4-paragraph-8-2">(2)</ref> of that Schedule).</p></content></subsection>
<hcontainer xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" name="crossheading" ukl:Name="Pblock" eId="part-1-crossheading-other-international-matters"><heading>Other international matters</heading><section eId="section-46"><num>46</num><heading>Unassessed transfer pricing profits</heading><subsection eId="section-46-1"><num>(1)</num><intro><p><ref href="#schedule-5">Schedule 5</ref> provides—</p></intro><level class="para1" eId="section-46-1-a"><num>(a)</num><content><p>for a power of His Majesty’s Revenue and Customs to assess “unassessed transfer pricing profits”,</p></content></level><level class="para1" eId="section-46-1-b"><num>(b)</num><content><p>for those profits to be subject to a higher rate of corporation tax (rather than the main or any other rate), and</p></content></level><level class="para1" eId="section-46-1-c"><num>(c)</num><content><p>for the abolition of diverted profits tax (which is superseded).</p></content></level></subsection><subsection eId="section-46-2"><num>(2)</num><content><p>The amendments made by that Schedule have effect in relation to accounting periods beginning on or after 1 January 2026.</p></content></subsection></section><section eId="section-47"><num>47</num><heading>Transfer pricing reform</heading><content><p><ref href="#schedule-6">Schedule 6</ref> makes provision about, and in connection with, transfer pricing.</p></content></section><section eId="section-48"><num>48</num><heading>International controlled transactions</heading><subsection eId="section-48-1"><num>(1)</num><intro><p>The Commissioners for His Majesty's Revenue and Customs may by regulations make provision—</p></intro><level class="para1" eId="section-48-1-a"><num>(a)</num><content><p>requiring persons specified for the purposes of <ref href="#section-48-1-a">this paragraph</ref> (“reporting entities”) to provide an officer of Revenue and Customs with information of specified descriptions in connection with specified international controlled transactions;</p></content></level><level class="para1" eId="section-48-1-b"><num>(b)</num><intro><p>requiring reporting entities to provide the information—</p></intro><level class="para2" eId="section-48-1-b-i"><num>(i)</num><content><p>at specified times,</p></content></level><level class="para2" eId="section-48-1-b-ii"><num>(ii)</num><content><p>in relation to specified periods of time, and</p></content></level><level class="para2" eId="section-48-1-b-iii"><num>(iii)</num><content><p>in a specified form and manner;</p></content></level></level><level class="para1" eId="section-48-1-c"><num>(c)</num><content><p>imposing obligations on reporting entities (including obligations to obtain information from specified persons for the purposes of complying with requirements imposed by virtue of <ref href="#section-48-1-a">paragraph (a)</ref>);</p></content></level><level class="para1" eId="section-48-1-d"><num>(d)</num><content><p>about contravention of, or non-compliance with, the regulations (including provision imposing penalties);</p></content></level><level class="para1" eId="section-48-1-e"><num>(e)</num><content><p>about appeals in relation to the imposition of any penalty.</p></content></level></subsection><subsection eId="section-48-2"><num>(2)</num><intro><p>The regulations may—</p></intro><level class="para1" eId="section-48-2-a"><num>(a)</num><content><p>make different provision for different purposes;</p></content></level><level class="para1" eId="section-48-2-b"><num>(b)</num><content><p>make provision by reference to things specified in a notice published by the Commissioners (as revised or replaced from time to time) in accordance with the regulations;</p></content></level><level class="para1" eId="section-48-2-c"><num>(c)</num><content><p>allow any requirement, obligation or other provision that may be imposed or made by reference to subsection <ref href="#section-48-1">(1)</ref><ref href="#section-48-1-a">(a)</ref> to <ref href="#section-48-1-c">(c)</ref> to be made by specific or general direction given by the Commissioners;</p></content></level><level class="para1" eId="section-48-2-d"><num>(d)</num><content><p>make provision under which the Commissioners or other persons may exercise discretions.</p></content></level></subsection><subsection eId="section-48-3"><num>(3)</num><intro><p>For the purposes of <ref href="#section-48-1">subsection (1)</ref>—</p></intro><level class="para1" eId="section-48-3-a"><num>(a)</num><content><p>“<term refersTo="#term-specified" eId="term-specified">specified</term>” means specified in the regulations, and</p></content></level><level class="para1" eId="section-48-3-b"><num>(b)</num><content><p>a transaction is an international controlled transaction if the transfer pricing condition or the permanent establishment condition is met in relation to it.</p></content></level></subsection><subsection eId="section-48-4"><num>(4)</num><intro><p>The transfer pricing condition is that—</p></intro><level class="para1" eId="section-48-4-a"><num>(a)</num><content><p>the transaction, or a series of transactions of which the transaction forms part, is the means by which provision (within the meaning of <ref eId="c00072" href="https://www.legislation.gov.uk/ukpga/2010/8/part/4">Part 4</ref> of <ref eId="c00073" href="https://www.legislation.gov.uk/ukpga/2010/8/contents">TIOPA 2010</ref>) has been made or imposed between two persons,</p></content></level><level class="para1" eId="section-48-4-b"><num>(b)</num><content><p>the participation condition (within the meaning of <ref eId="c00074" href="https://www.legislation.gov.uk/ukpga/2010/8/part/4">that Part</ref>) is met in relation to that provision,</p></content></level><level class="para1" eId="section-48-4-c"><num>(c)</num><intro><p>one of those persons is—</p></intro><level class="para2" eId="section-48-4-c-i"><num>(i)</num><content><p>a UK resident company,</p></content></level><level class="para2" eId="section-48-4-c-ii"><num>(ii)</num><content><p>a non-UK resident company within the charge to corporation tax as a result of it falling within paragraph (a), (c) or (d) of section 5(2) of CTA 2009 (deals in or develops UK land, carries on a UK property business or has other UK property income), or</p></content></level><level class="para2" eId="section-48-4-c-iii"><num>(iii)</num><content><p>a partnership whose members include a company within the charge to corporation tax, and</p></content></level></level><level class="para1" eId="section-48-4-d"><num>(d)</num><content><p>the other person is a non-UK resident person or is a partnership whose members include a non-UK resident person.</p></content></level></subsection><subsection eId="section-48-5"><num>(5)</num><intro><p>The permanent establishment condition is that the transaction is relevant to the determination of—</p></intro><level class="para1" eId="section-48-5-a"><num>(a)</num><content><p>exemption adjustments made under <ref eId="c00075" href="https://www.legislation.gov.uk/ukpga/2009/4/section/18A">section 18A</ref> of <ref eId="c00076" href="https://www.legislation.gov.uk/ukpga/2009/4/contents">CTA 2009</ref>, or</p></content></level><level class="para1" eId="section-48-5-b"><num>(b)</num><content><p>the profits of a non-UK resident company that are (for the purposes of the Corporation Tax Acts) attributable to a permanent establishment of the company in the United Kingdom.</p></content></level></subsection><subsection eId="section-48-6"><num>(6)</num><content><p>References in this section to a transaction includes any transaction that may be treated to have occurred for the purposes of applying Chapter 3A or 4 of Part 2 of CTA 2009 (profits of permanent establishments).</p></content></subsection></section><section eId="section-49"><num>49</num><heading>Permanent establishments</heading><content><p><ref href="#schedule-7">Schedule 7</ref> makes provision about permanent establishments, including for the purposes of giving effect to certain provisions of the Model Tax Convention on Income and on Capital published by the Organisation for Economic Co-operation and Development in 2017.</p></content></section><section eId="section-50"><num>50</num><heading>Pillar two</heading><content><p><ref href="#schedule-8">Schedule 8</ref> contains amendments to F(No.2)A 2023, and other connected provision, relating to multinational top-up tax and domestic top-up tax.</p></content></section><section eId="section-51"><num>51</num><heading>Controlled foreign companies: interest on reversal of state aid recovery</heading><subsection eId="section-51-1"><num>(1)</num><content><p><ref href="#section-51">This section</ref> applies if a repayment of interest (“the relevant repayment”) is, or has been at any time, made to a company in consequence of the cancellation of an interest charging notice given to the company under Schedule 7ZA to TIOPA 2010 (recovery of unlawful state aid).</p></content></subsection><subsection eId="section-51-2"><num>(2)</num><content><p>Interest must be paid to the company in respect of the relevant repayment.</p></content></subsection><subsection eId="section-51-3"><num>(3)</num><intro><p>The amount of interest payable under <ref href="#section-51">this section</ref> is the amount that would have been payable by virtue of <ref eId="c00077" href="https://www.legislation.gov.uk/ukpga/1988/1/section/826">section 826</ref> of the <ref eId="c00078" href="https://www.legislation.gov.uk/ukpga/1988/1/contents">Income and Corporation Taxes Act 1988</ref> (interest on tax overpaid) in respect of the relevant repayment if, at the time of the relevant repayment—</p></intro><level class="para1" eId="section-51-3-a"><num>(a)</num><content><p>the relevant repayment had been among the repayments and payments listed in <ref eId="c00079" href="https://www.legislation.gov.uk/ukpga/1988/1/section/826">subsection (1)</ref> of <ref eId="c00080" href="https://www.legislation.gov.uk/ukpga/1988/1/section/826">that section</ref>, and</p></content></level><level class="para1" eId="section-51-3-b"><num>(b)</num><content><p>the material date for the purposes of <ref eId="c00081" href="https://www.legislation.gov.uk/ukpga/1988/1/section/826">that section</ref>, in relation to the relevant repayment, had been the date on which the interest mentioned in <ref href="#section-51-1">subsection (1)</ref> above was paid by the company.</p></content></level></subsection><subsection eId="section-51-4"><num>(4)</num><intro><p>Interest payable under <ref href="#section-51">this section</ref> must be paid—</p></intro><level class="para1" eId="section-51-4-a"><num>(a)</num><content><p>in respect of a relevant repayment made before 2 December 2025, as soon as reasonably practicable;</p></content></level><level class="para1" eId="section-51-4-b"><num>(b)</num><content><p>in respect of a relevant repayment made on or after that day, at the same time as the relevant repayment.</p></content></level></subsection><subsection eId="section-51-5"><num>(5)</num><content><p>Nothing in paragraph 10(1) of Schedule 7ZA to TIOPA 2010 (Treasury duty to make regulations where Commission Decision is revoked or annulled) requires the Treasury to make any further provision in relation to the repayment of interest paid by virtue of that Schedule.</p></content></subsection><subsection eId="section-51-6"><num>(6)</num><content><p>References in this section to Schedule 7ZA to TIOPA 2010 are to the Schedule treated as inserted in <ref eId="c00082" href="https://www.legislation.gov.uk/ukpga/2010/8/contents">that Act</ref> by paragraph (b) of <ref eId="c00083" href="https://www.legislation.gov.uk/ukpga/2020/26/schedule/4">Schedule 4</ref> to the <ref eId="c00084" href="https://www.legislation.gov.uk/ukpga/2020/26/contents">Taxation (Post-transition Period) Act 2020</ref>.</p></content></subsection><subsection eId="section-51-7"><num>(7)</num><content><p><ref href="#section-51">This section</ref> is treated as having come into force on 2 December 2025.</p></content></subsection></section><section eId="section-52"><num>52</num><heading>Offshore income gains</heading><subsection eId="section-52-1"><num>(1)</num><intro><p>In the Offshore Funds (Tax) Regulations 2009 (<ref eId="c00085" href="http://www.legislation.gov.uk/id/uksi/2009/3001">S.I. 2009/3001</ref>)—</p></intro><level class="para1" eId="section-52-1-a"><num>(a)</num><content><p>in regulation 20 (application to gains of non-resident settlements), omit paragraphs (2) to (5);</p></content></level><level class="para1" eId="section-52-1-b"><num>(b)</num><content><p>in regulation 21 (application of transfer of assets abroad provisions), omit paragraphs (4) to (6).</p></content></level></subsection><subsection eId="section-52-2"><num>(2)</num><intro><p>In consequence of the amendments made by subsection <ref href="#section-52-1">(1)</ref>—</p></intro><level class="para1" eId="section-52-2-a"><num>(a)</num><content><p>in section 734 of ITA 2007 (reduction in amount charged: previous capital gains tax charge), in subsection (5), omit “20 and”;</p></content></level><level class="para1" eId="section-52-2-b"><num>(b)</num><content><p>in Schedule 7 to FA 2008 (remittance basis), omit paragraphs 100 to 102;</p></content></level><level class="para1" eId="section-52-2-c"><num>(c)</num><intro><p>in the Offshore Funds (Tax) Regulations 2009—</p></intro><level class="para2" eId="section-52-2-c-i"><num>(i)</num><content><p>in regulation 18 (charge to tax on disposal of asset: further provisions), in paragraph (5), omit sub-paragraph (c);</p></content></level><level class="para2" eId="section-52-2-c-ii"><num>(ii)</num><content><p>in regulation 19 (income treated as arising under regulation 17: remittance basis), omit paragraph (5);</p></content></level><level class="para2" eId="section-52-2-c-iii"><num>(iii)</num><content><p>omit regulation 130 (amendments of FA 2008);</p></content></level><level class="para2" eId="section-52-2-c-iv"><num>(iv)</num><content><p>in Part 2 of Schedule 3 (index of defined expressions), omit the entry for “OIG amount”;</p></content></level></level><level class="para1" eId="section-52-2-d"><num>(d)</num><intro><p>in Schedule 10 to FA 2025 (temporary repatriation facility)—</p></intro><level class="para2" eId="section-52-2-d-i"><num>(i)</num><content><p><mod>in paragraph 3(7), for “paragraphs 4 and 5” substitute <quotedText>“paragraph 5”</quotedText>;</mod></p></content></level><level class="para2" eId="section-52-2-d-ii"><num>(ii)</num><content><p><mod>in paragraph 3(9), for “paragraphs 4 and 5” substitute <quotedText>“paragraph 5”</quotedText>;</mod></p></content></level><level class="para2" eId="section-52-2-d-iii"><num>(iii)</num><content><p>omit paragraph 4;</p></content></level><level class="para2" eId="section-52-2-d-iv"><num>(iv)</num><content><p><mod>in paragraph 5(7), for “paragraphs 3 and 4” substitute <quotedText>“paragraph 3”</quotedText>;</mod></p></content></level><level class="para2" eId="section-52-2-d-v"><num>(v)</num><content><p>in paragraph 10, omit sub-paragraphs (7) and (8).</p></content></level></level></subsection><subsection eId="section-52-3"><num>(3)</num><content><p>Section <ref href="#section-53">53</ref> makes provision preserving in certain cases the effect of the law as it applied before the amendments made by this section.</p></content></subsection><subsection eId="section-52-4"><num>(4)</num><intro><p>This section—</p></intro><level class="para1" eId="section-52-4-a"><num>(a)</num><content><p>is to be treated as having come into force on 6 April 2025;</p></content></level><level class="para1" eId="section-52-4-b"><num>(b)</num><content><p>has effect for the tax year 2025-26 and subsequent tax years.</p></content></level></subsection></section><section eId="section-53"><num>53</num><heading>Offshore income gains: savings</heading><subsection eId="section-53-1"><num>(1)</num><content><p>This section applies in relation to an offshore income gain arising to the trustees of a settlement in a case where Chapter 2 of Part 13 of ITA 2007 (transfer of assets abroad) applies in relation to that gain for the tax year 2025-26 or any subsequent tax year because of the amendments made by section <ref href="#section-52">52</ref>.</p></content></subsection><subsection eId="section-53-2"><num>(2)</num><intro><p>If the offshore income gain arose in a tax year before the tax year 2025-26 and, by reason of that offshore income gain or a part of it, an offshore income gain was treated as arising in a tax year before the tax year 2025-26 to an individual under paragraphs (2) to (5) of regulation 20 of the Offshore Funds (Tax) Regulations 2009 (<ref eId="c00086" href="http://www.legislation.gov.uk/id/uksi/2009/3001">S.I. 2009/3001</ref>)—</p></intro><level class="para1" eId="section-53-2-a"><num>(a)</num><content><p>Chapter 2 of Part 13 of ITA 2007 is to be treated as not applying in relation to the offshore income gain arising to the trustees or that part of that gain, and</p></content></level><level class="para1" eId="section-53-2-b"><num>(b)</num><content><p>references in section 734 of ITA 2007 to chargeable gains treated as accruing to an individual are to be treated as including the offshore income gain treated as arising to the individual.</p></content></level></subsection><subsection eId="section-53-3"><num>(3)</num><intro><p>An individual is not chargeable to income tax under Chapter 2 of Part 13 of ITA 2007 on income treated as arising to the individual under section 732 of ITA 2007 by reason of the offshore income gain to the extent that the income, without the amendments made by section <ref href="#section-52">52</ref><ref href="#section-52-1">(1)</ref> and <ref href="#section-52-2">(2)</ref><ref href="#section-52-2-b">(b)</ref>—</p></intro><level class="para1" eId="section-53-3-a"><num>(a)</num><content><p>would have been treated as arising to that individual under paragraphs (2) to (5) of regulation 20 of the Offshore Funds (Tax) Regulations 2009 (<ref eId="c00087" href="http://www.legislation.gov.uk/id/uksi/2009/3001">S.I. 2009/3001</ref>), and</p></content></level><level class="para1" eId="section-53-3-b"><num>(b)</num><content><p>would have been non-chargeable income (see subsections <ref href="#section-53-4">(4)</ref>, <ref href="#section-53-5">(5)</ref> and <ref href="#section-53-6">(6)</ref>).</p></content></level></subsection><subsection eId="section-53-4"><num>(4)</num><intro><p>The income would have been non-chargeable income if, without the amendments made by section <ref href="#section-52">52</ref><ref href="#section-52-1">(1)</ref> and <ref href="#section-52-2">(2)</ref><ref href="#section-52-2-b">(b)</ref>—</p></intro><level class="para1" eId="section-53-4-a"><num>(a)</num><intro><p>the income would have been treated as arising by reason of—</p></intro><level class="para2" eId="section-53-4-a-i"><num>(i)</num><content><p>the matching of a capital payment received (or treated as received) by the individual before 6 April 2008 with an offshore income gain arising on or after 6 April 2025, or</p></content></level><level class="para2" eId="section-53-4-a-ii"><num>(ii)</num><content><p>the matching of a capital payment received (or treated as received) by the individual on or after 6 April 2025 with an offshore income gain arising before 6 April 2008, and</p></content></level></level><level class="para1" eId="section-53-4-b"><num>(b)</num><content><p>paragraph 100 of Schedule 7 to FA 2008 would have applied to the income.</p></content></level></subsection><subsection eId="section-53-5"><num>(5)</num><intro><p>The income would have been non-chargeable income to the extent that, without the amendments made by section <ref href="#section-52">52</ref><ref href="#section-52-1">(1)</ref> and <ref href="#section-52-2">(2)</ref><ref href="#section-52-2-b">(b)</ref>, it would have exceeded the relevant proportion of income—</p></intro><level class="para1" eId="section-53-5-a"><num>(a)</num><intro><p>which would have been treated as arising to the individual by reason of—</p></intro><level class="para2" eId="section-53-5-a-i"><num>(i)</num><content><p>the matching of a capital payment received (or treated as received) by the individual on or after 6 April 2008 with an offshore income gain arising on or after 6 April 2025, or</p></content></level><level class="para2" eId="section-53-5-a-ii"><num>(ii)</num><content><p>the matching of a capital payment received (or treated as received) by the individual on or after 6 April 2025 with an offshore income gain arising on or after 6 April 2008, and</p></content></level></level><level class="para1" eId="section-53-5-b"><num>(b)</num><content><p>to which paragraph 101 of Schedule 7 to FA 2008 would have applied,</p></content></level><wrapUp><p>and, for that purpose, “<term refersTo="#term-relevant-proportion" eId="term-relevant-proportion">relevant proportion</term>” has the meaning given by sub-paragraphs (9) to (18) of paragraph 126 of that Schedule as they would have been modified by sub-paragraph (3) of paragraph 101 of that Schedule.</p></wrapUp></subsection><subsection eId="section-53-6"><num>(6)</num><intro><p>The income would have been non-chargeable income to the extent that, without the amendments made by section <ref href="#section-52">52</ref><ref href="#section-52-1">(1)</ref> and <ref href="#section-52-2">(2)</ref><ref href="#section-52-2-b">(b)</ref>, it would have exceeded the relevant proportion of income—</p></intro><level class="para1" eId="section-53-6-a"><num>(a)</num><intro><p>which would have been treated as arising to the individual by reason of—</p></intro><level class="para2" eId="section-53-6-a-i"><num>(i)</num><content><p>the matching of a capital payment received (or treated as received) by the individual on or after 6 April 2008 with an offshore income gain arising on or after 6 April 2025, or</p></content></level><level class="para2" eId="section-53-6-a-ii"><num>(ii)</num><content><p>the matching of a capital payment received (or treated as received) by the individual on or after 6 April 2025 with an offshore income gain arising on or after 6 April 2008,</p></content></level></level><level class="para1" eId="section-53-6-b"><num>(b)</num><content><p>to which paragraph 102 of Schedule 7 to FA 2008 would have applied, and</p></content></level><level class="para1" eId="section-53-6-c"><num>(c)</num><content><p>to which paragraph 101 of that Schedule would not have applied,</p></content></level><wrapUp><p>and, for that purpose, “<term refersTo="#term-relevant-proportion" eId="term-relevant-proportion">relevant proportion</term>” has the meaning given by sub-paragraphs (4) to (7) of paragraph 127 of that Schedule as they would have been modified by sub-paragraph (4) of paragraph 102 of that Schedule.</p></wrapUp></subsection><subsection eId="section-53-7"><num>(7)</num><content><p>Subsection <ref href="#section-53-3">(3)</ref> does not prevent Chapter 2 of Part 13 of ITA 2007 from having effect as though the income not chargeable to tax under that subsection had been charged to tax under section 731 of that Act.</p></content></subsection><subsection eId="section-53-8"><num>(8)</num><intro><p>Accordingly—</p></intro><level class="para1" eId="section-53-8-a"><num>(a)</num><content><p>in the application of section 733(1) of ITA 2007 to the individual for subsequent tax years, the amount of that income will be deducted at Step 2 and at paragraph (a) of Step 5, and</p></content></level><level class="para1" eId="section-53-8-b"><num>(b)</num><content><p>in the application of section 733(1) of ITA 2007 to any other individual for subsequent tax years, the amount of that income will be deducted at paragraph (b) of Step 5.</p></content></level></subsection><subsection eId="section-53-9"><num>(9)</num><content><p><mod>In section 733 of ITA 2007, after subsection (2D) insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><subsection><num>(2E)</num><content><p>See subsections <ref href="#section-53-7">(7)</ref> and <ref href="#section-53-8">(8)</ref> of section <ref href="#section-53">53</ref> of FA 2026 (offshore income gains: savings relating to amendments made by section <ref href="#section-52">52</ref> of that Act) for special provision about income that is treated as arising under section 732 but that is not chargeable to income tax under subsection <ref href="#section-53-3">(3)</ref> of that section.</p></content></subsection></quotedStructure></mod></p></content></subsection><subsection eId="section-53-10"><num>(10)</num><intro><p>This section—</p></intro><level class="para1" eId="section-53-10-a"><num>(a)</num><content><p>is to be treated as having come into force on 6 April 2025;</p></content></level><level class="para1" eId="section-53-10-b"><num>(b)</num><content><p>has effect for the tax year 2025-26 and subsequent tax years.</p></content></level></subsection></section></hcontainer>
<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-46"><num>46</num><heading>Unassessed transfer pricing profits</heading><subsection eId="section-46-1"><num>(1)</num><intro><p><ref href="#schedule-5">Schedule 5</ref> provides—</p></intro><level class="para1" eId="section-46-1-a"><num>(a)</num><content><p>for a power of His Majesty’s Revenue and Customs to assess “unassessed transfer pricing profits”,</p></content></level><level class="para1" eId="section-46-1-b"><num>(b)</num><content><p>for those profits to be subject to a higher rate of corporation tax (rather than the main or any other rate), and</p></content></level><level class="para1" eId="section-46-1-c"><num>(c)</num><content><p>for the abolition of diverted profits tax (which is superseded).</p></content></level></subsection><subsection eId="section-46-2"><num>(2)</num><content><p>The amendments made by that Schedule have effect in relation to accounting periods beginning on or after 1 January 2026.</p></content></subsection></section>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-46-1"><num>(1)</num><intro><p><ref href="#schedule-5">Schedule 5</ref> provides—</p></intro><level class="para1" eId="section-46-1-a"><num>(a)</num><content><p>for a power of His Majesty’s Revenue and Customs to assess “unassessed transfer pricing profits”,</p></content></level><level class="para1" eId="section-46-1-b"><num>(b)</num><content><p>for those profits to be subject to a higher rate of corporation tax (rather than the main or any other rate), and</p></content></level><level class="para1" eId="section-46-1-c"><num>(c)</num><content><p>for the abolition of diverted profits tax (which is superseded).</p></content></level></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-46-1-a"><num>(a)</num><content><p>for a power of His Majesty’s Revenue and Customs to assess “unassessed transfer pricing profits”,</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-46-1-b"><num>(b)</num><content><p>for those profits to be subject to a higher rate of corporation tax (rather than the main or any other rate), and</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-46-1-c"><num>(c)</num><content><p>for the abolition of diverted profits tax (which is superseded).</p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-46-2"><num>(2)</num><content><p>The amendments made by that Schedule have effect in relation to accounting periods beginning on or after 1 January 2026.</p></content></subsection>
<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-47"><num>47</num><heading>Transfer pricing reform</heading><content><p><ref href="#schedule-6">Schedule 6</ref> makes provision about, and in connection with, transfer pricing.</p></content></section>
<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-48"><num>48</num><heading>International controlled transactions</heading><subsection eId="section-48-1"><num>(1)</num><intro><p>The Commissioners for His Majesty's Revenue and Customs may by regulations make provision—</p></intro><level class="para1" eId="section-48-1-a"><num>(a)</num><content><p>requiring persons specified for the purposes of <ref href="#section-48-1-a">this paragraph</ref> (“reporting entities”) to provide an officer of Revenue and Customs with information of specified descriptions in connection with specified international controlled transactions;</p></content></level><level class="para1" eId="section-48-1-b"><num>(b)</num><intro><p>requiring reporting entities to provide the information—</p></intro><level class="para2" eId="section-48-1-b-i"><num>(i)</num><content><p>at specified times,</p></content></level><level class="para2" eId="section-48-1-b-ii"><num>(ii)</num><content><p>in relation to specified periods of time, and</p></content></level><level class="para2" eId="section-48-1-b-iii"><num>(iii)</num><content><p>in a specified form and manner;</p></content></level></level><level class="para1" eId="section-48-1-c"><num>(c)</num><content><p>imposing obligations on reporting entities (including obligations to obtain information from specified persons for the purposes of complying with requirements imposed by virtue of <ref href="#section-48-1-a">paragraph (a)</ref>);</p></content></level><level class="para1" eId="section-48-1-d"><num>(d)</num><content><p>about contravention of, or non-compliance with, the regulations (including provision imposing penalties);</p></content></level><level class="para1" eId="section-48-1-e"><num>(e)</num><content><p>about appeals in relation to the imposition of any penalty.</p></content></level></subsection><subsection eId="section-48-2"><num>(2)</num><intro><p>The regulations may—</p></intro><level class="para1" eId="section-48-2-a"><num>(a)</num><content><p>make different provision for different purposes;</p></content></level><level class="para1" eId="section-48-2-b"><num>(b)</num><content><p>make provision by reference to things specified in a notice published by the Commissioners (as revised or replaced from time to time) in accordance with the regulations;</p></content></level><level class="para1" eId="section-48-2-c"><num>(c)</num><content><p>allow any requirement, obligation or other provision that may be imposed or made by reference to subsection <ref href="#section-48-1">(1)</ref><ref href="#section-48-1-a">(a)</ref> to <ref href="#section-48-1-c">(c)</ref> to be made by specific or general direction given by the Commissioners;</p></content></level><level class="para1" eId="section-48-2-d"><num>(d)</num><content><p>make provision under which the Commissioners or other persons may exercise discretions.</p></content></level></subsection><subsection eId="section-48-3"><num>(3)</num><intro><p>For the purposes of <ref href="#section-48-1">subsection (1)</ref>—</p></intro><level class="para1" eId="section-48-3-a"><num>(a)</num><content><p>“<term refersTo="#term-specified" eId="term-specified">specified</term>” means specified in the regulations, and</p></content></level><level class="para1" eId="section-48-3-b"><num>(b)</num><content><p>a transaction is an international controlled transaction if the transfer pricing condition or the permanent establishment condition is met in relation to it.</p></content></level></subsection><subsection eId="section-48-4"><num>(4)</num><intro><p>The transfer pricing condition is that—</p></intro><level class="para1" eId="section-48-4-a"><num>(a)</num><content><p>the transaction, or a series of transactions of which the transaction forms part, is the means by which provision (within the meaning of <ref eId="c00072" href="https://www.legislation.gov.uk/ukpga/2010/8/part/4">Part 4</ref> of <ref eId="c00073" href="https://www.legislation.gov.uk/ukpga/2010/8/contents">TIOPA 2010</ref>) has been made or imposed between two persons,</p></content></level><level class="para1" eId="section-48-4-b"><num>(b)</num><content><p>the participation condition (within the meaning of <ref eId="c00074" href="https://www.legislation.gov.uk/ukpga/2010/8/part/4">that Part</ref>) is met in relation to that provision,</p></content></level><level class="para1" eId="section-48-4-c"><num>(c)</num><intro><p>one of those persons is—</p></intro><level class="para2" eId="section-48-4-c-i"><num>(i)</num><content><p>a UK resident company,</p></content></level><level class="para2" eId="section-48-4-c-ii"><num>(ii)</num><content><p>a non-UK resident company within the charge to corporation tax as a result of it falling within paragraph (a), (c) or (d) of section 5(2) of CTA 2009 (deals in or develops UK land, carries on a UK property business or has other UK property income), or</p></content></level><level class="para2" eId="section-48-4-c-iii"><num>(iii)</num><content><p>a partnership whose members include a company within the charge to corporation tax, and</p></content></level></level><level class="para1" eId="section-48-4-d"><num>(d)</num><content><p>the other person is a non-UK resident person or is a partnership whose members include a non-UK resident person.</p></content></level></subsection><subsection eId="section-48-5"><num>(5)</num><intro><p>The permanent establishment condition is that the transaction is relevant to the determination of—</p></intro><level class="para1" eId="section-48-5-a"><num>(a)</num><content><p>exemption adjustments made under <ref eId="c00075" href="https://www.legislation.gov.uk/ukpga/2009/4/section/18A">section 18A</ref> of <ref eId="c00076" href="https://www.legislation.gov.uk/ukpga/2009/4/contents">CTA 2009</ref>, or</p></content></level><level class="para1" eId="section-48-5-b"><num>(b)</num><content><p>the profits of a non-UK resident company that are (for the purposes of the Corporation Tax Acts) attributable to a permanent establishment of the company in the United Kingdom.</p></content></level></subsection><subsection eId="section-48-6"><num>(6)</num><content><p>References in this section to a transaction includes any transaction that may be treated to have occurred for the purposes of applying Chapter 3A or 4 of Part 2 of CTA 2009 (profits of permanent establishments).</p></content></subsection></section>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-48-1"><num>(1)</num><intro><p>The Commissioners for His Majesty's Revenue and Customs may by regulations make provision—</p></intro><level class="para1" eId="section-48-1-a"><num>(a)</num><content><p>requiring persons specified for the purposes of <ref href="#section-48-1-a">this paragraph</ref> (“reporting entities”) to provide an officer of Revenue and Customs with information of specified descriptions in connection with specified international controlled transactions;</p></content></level><level class="para1" eId="section-48-1-b"><num>(b)</num><intro><p>requiring reporting entities to provide the information—</p></intro><level class="para2" eId="section-48-1-b-i"><num>(i)</num><content><p>at specified times,</p></content></level><level class="para2" eId="section-48-1-b-ii"><num>(ii)</num><content><p>in relation to specified periods of time, and</p></content></level><level class="para2" eId="section-48-1-b-iii"><num>(iii)</num><content><p>in a specified form and manner;</p></content></level></level><level class="para1" eId="section-48-1-c"><num>(c)</num><content><p>imposing obligations on reporting entities (including obligations to obtain information from specified persons for the purposes of complying with requirements imposed by virtue of <ref href="#section-48-1-a">paragraph (a)</ref>);</p></content></level><level class="para1" eId="section-48-1-d"><num>(d)</num><content><p>about contravention of, or non-compliance with, the regulations (including provision imposing penalties);</p></content></level><level class="para1" eId="section-48-1-e"><num>(e)</num><content><p>about appeals in relation to the imposition of any penalty.</p></content></level></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-48-1-a"><num>(a)</num><content><p>requiring persons specified for the purposes of <ref href="#section-48-1-a">this paragraph</ref> (“reporting entities”) to provide an officer of Revenue and Customs with information of specified descriptions in connection with specified international controlled transactions;</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-48-1-b"><num>(b)</num><intro><p>requiring reporting entities to provide the information—</p></intro><level class="para2" eId="section-48-1-b-i"><num>(i)</num><content><p>at specified times,</p></content></level><level class="para2" eId="section-48-1-b-ii"><num>(ii)</num><content><p>in relation to specified periods of time, and</p></content></level><level class="para2" eId="section-48-1-b-iii"><num>(iii)</num><content><p>in a specified form and manner;</p></content></level></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para2" eId="section-48-1-b-i"><num>(i)</num><content><p>at specified times,</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para2" eId="section-48-1-b-ii"><num>(ii)</num><content><p>in relation to specified periods of time, and</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para2" eId="section-48-1-b-iii"><num>(iii)</num><content><p>in a specified form and manner;</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-48-1-c"><num>(c)</num><content><p>imposing obligations on reporting entities (including obligations to obtain information from specified persons for the purposes of complying with requirements imposed by virtue of <ref href="#section-48-1-a">paragraph (a)</ref>);</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-48-1-d"><num>(d)</num><content><p>about contravention of, or non-compliance with, the regulations (including provision imposing penalties);</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-48-1-e"><num>(e)</num><content><p>about appeals in relation to the imposition of any penalty.</p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-48-2"><num>(2)</num><intro><p>The regulations may—</p></intro><level class="para1" eId="section-48-2-a"><num>(a)</num><content><p>make different provision for different purposes;</p></content></level><level class="para1" eId="section-48-2-b"><num>(b)</num><content><p>make provision by reference to things specified in a notice published by the Commissioners (as revised or replaced from time to time) in accordance with the regulations;</p></content></level><level class="para1" eId="section-48-2-c"><num>(c)</num><content><p>allow any requirement, obligation or other provision that may be imposed or made by reference to subsection <ref href="#section-48-1">(1)</ref><ref href="#section-48-1-a">(a)</ref> to <ref href="#section-48-1-c">(c)</ref> to be made by specific or general direction given by the Commissioners;</p></content></level><level class="para1" eId="section-48-2-d"><num>(d)</num><content><p>make provision under which the Commissioners or other persons may exercise discretions.</p></content></level></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-48-2-a"><num>(a)</num><content><p>make different provision for different purposes;</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-48-2-b"><num>(b)</num><content><p>make provision by reference to things specified in a notice published by the Commissioners (as revised or replaced from time to time) in accordance with the regulations;</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-48-2-c"><num>(c)</num><content><p>allow any requirement, obligation or other provision that may be imposed or made by reference to subsection <ref href="#section-48-1">(1)</ref><ref href="#section-48-1-a">(a)</ref> to <ref href="#section-48-1-c">(c)</ref> to be made by specific or general direction given by the Commissioners;</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-48-2-d"><num>(d)</num><content><p>make provision under which the Commissioners or other persons may exercise discretions.</p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-48-3"><num>(3)</num><intro><p>For the purposes of <ref href="#section-48-1">subsection (1)</ref>—</p></intro><level class="para1" eId="section-48-3-a"><num>(a)</num><content><p>“<term refersTo="#term-specified" eId="term-specified">specified</term>” means specified in the regulations, and</p></content></level><level class="para1" eId="section-48-3-b"><num>(b)</num><content><p>a transaction is an international controlled transaction if the transfer pricing condition or the permanent establishment condition is met in relation to it.</p></content></level></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-48-3-a"><num>(a)</num><content><p>“<term refersTo="#term-specified" eId="term-specified">specified</term>” means specified in the regulations, and</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-48-3-b"><num>(b)</num><content><p>a transaction is an international controlled transaction if the transfer pricing condition or the permanent establishment condition is met in relation to it.</p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-48-4"><num>(4)</num><intro><p>The transfer pricing condition is that—</p></intro><level class="para1" eId="section-48-4-a"><num>(a)</num><content><p>the transaction, or a series of transactions of which the transaction forms part, is the means by which provision (within the meaning of <ref eId="c00072" href="https://www.legislation.gov.uk/ukpga/2010/8/part/4">Part 4</ref> of <ref eId="c00073" href="https://www.legislation.gov.uk/ukpga/2010/8/contents">TIOPA 2010</ref>) has been made or imposed between two persons,</p></content></level><level class="para1" eId="section-48-4-b"><num>(b)</num><content><p>the participation condition (within the meaning of <ref eId="c00074" href="https://www.legislation.gov.uk/ukpga/2010/8/part/4">that Part</ref>) is met in relation to that provision,</p></content></level><level class="para1" eId="section-48-4-c"><num>(c)</num><intro><p>one of those persons is—</p></intro><level class="para2" eId="section-48-4-c-i"><num>(i)</num><content><p>a UK resident company,</p></content></level><level class="para2" eId="section-48-4-c-ii"><num>(ii)</num><content><p>a non-UK resident company within the charge to corporation tax as a result of it falling within paragraph (a), (c) or (d) of section 5(2) of CTA 2009 (deals in or develops UK land, carries on a UK property business or has other UK property income), or</p></content></level><level class="para2" eId="section-48-4-c-iii"><num>(iii)</num><content><p>a partnership whose members include a company within the charge to corporation tax, and</p></content></level></level><level class="para1" eId="section-48-4-d"><num>(d)</num><content><p>the other person is a non-UK resident person or is a partnership whose members include a non-UK resident person.</p></content></level></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-48-4-a"><num>(a)</num><content><p>the transaction, or a series of transactions of which the transaction forms part, is the means by which provision (within the meaning of <ref eId="c00072" href="https://www.legislation.gov.uk/ukpga/2010/8/part/4">Part 4</ref> of <ref eId="c00073" href="https://www.legislation.gov.uk/ukpga/2010/8/contents">TIOPA 2010</ref>) has been made or imposed between two persons,</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-48-4-b"><num>(b)</num><content><p>the participation condition (within the meaning of <ref eId="c00074" href="https://www.legislation.gov.uk/ukpga/2010/8/part/4">that Part</ref>) is met in relation to that provision,</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-48-4-c"><num>(c)</num><intro><p>one of those persons is—</p></intro><level class="para2" eId="section-48-4-c-i"><num>(i)</num><content><p>a UK resident company,</p></content></level><level class="para2" eId="section-48-4-c-ii"><num>(ii)</num><content><p>a non-UK resident company within the charge to corporation tax as a result of it falling within paragraph (a), (c) or (d) of section 5(2) of CTA 2009 (deals in or develops UK land, carries on a UK property business or has other UK property income), or</p></content></level><level class="para2" eId="section-48-4-c-iii"><num>(iii)</num><content><p>a partnership whose members include a company within the charge to corporation tax, and</p></content></level></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para2" eId="section-48-4-c-i"><num>(i)</num><content><p>a UK resident company,</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para2" eId="section-48-4-c-ii"><num>(ii)</num><content><p>a non-UK resident company within the charge to corporation tax as a result of it falling within paragraph (a), (c) or (d) of section 5(2) of CTA 2009 (deals in or develops UK land, carries on a UK property business or has other UK property income), or</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para2" eId="section-48-4-c-iii"><num>(iii)</num><content><p>a partnership whose members include a company within the charge to corporation tax, and</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-48-4-d"><num>(d)</num><content><p>the other person is a non-UK resident person or is a partnership whose members include a non-UK resident person.</p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-48-5"><num>(5)</num><intro><p>The permanent establishment condition is that the transaction is relevant to the determination of—</p></intro><level class="para1" eId="section-48-5-a"><num>(a)</num><content><p>exemption adjustments made under <ref eId="c00075" href="https://www.legislation.gov.uk/ukpga/2009/4/section/18A">section 18A</ref> of <ref eId="c00076" href="https://www.legislation.gov.uk/ukpga/2009/4/contents">CTA 2009</ref>, or</p></content></level><level class="para1" eId="section-48-5-b"><num>(b)</num><content><p>the profits of a non-UK resident company that are (for the purposes of the Corporation Tax Acts) attributable to a permanent establishment of the company in the United Kingdom.</p></content></level></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-48-5-a"><num>(a)</num><content><p>exemption adjustments made under <ref eId="c00075" href="https://www.legislation.gov.uk/ukpga/2009/4/section/18A">section 18A</ref> of <ref eId="c00076" href="https://www.legislation.gov.uk/ukpga/2009/4/contents">CTA 2009</ref>, or</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-48-5-b"><num>(b)</num><content><p>the profits of a non-UK resident company that are (for the purposes of the Corporation Tax Acts) attributable to a permanent establishment of the company in the United Kingdom.</p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-48-6"><num>(6)</num><content><p>References in this section to a transaction includes any transaction that may be treated to have occurred for the purposes of applying Chapter 3A or 4 of Part 2 of CTA 2009 (profits of permanent establishments).</p></content></subsection>
<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-49"><num>49</num><heading>Permanent establishments</heading><content><p><ref href="#schedule-7">Schedule 7</ref> makes provision about permanent establishments, including for the purposes of giving effect to certain provisions of the Model Tax Convention on Income and on Capital published by the Organisation for Economic Co-operation and Development in 2017.</p></content></section>
<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-50"><num>50</num><heading>Pillar two</heading><content><p><ref href="#schedule-8">Schedule 8</ref> contains amendments to F(No.2)A 2023, and other connected provision, relating to multinational top-up tax and domestic top-up tax.</p></content></section>
<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-51"><num>51</num><heading>Controlled foreign companies: interest on reversal of state aid recovery</heading><subsection eId="section-51-1"><num>(1)</num><content><p><ref href="#section-51">This section</ref> applies if a repayment of interest (“the relevant repayment”) is, or has been at any time, made to a company in consequence of the cancellation of an interest charging notice given to the company under Schedule 7ZA to TIOPA 2010 (recovery of unlawful state aid).</p></content></subsection><subsection eId="section-51-2"><num>(2)</num><content><p>Interest must be paid to the company in respect of the relevant repayment.</p></content></subsection><subsection eId="section-51-3"><num>(3)</num><intro><p>The amount of interest payable under <ref href="#section-51">this section</ref> is the amount that would have been payable by virtue of <ref eId="c00077" href="https://www.legislation.gov.uk/ukpga/1988/1/section/826">section 826</ref> of the <ref eId="c00078" href="https://www.legislation.gov.uk/ukpga/1988/1/contents">Income and Corporation Taxes Act 1988</ref> (interest on tax overpaid) in respect of the relevant repayment if, at the time of the relevant repayment—</p></intro><level class="para1" eId="section-51-3-a"><num>(a)</num><content><p>the relevant repayment had been among the repayments and payments listed in <ref eId="c00079" href="https://www.legislation.gov.uk/ukpga/1988/1/section/826">subsection (1)</ref> of <ref eId="c00080" href="https://www.legislation.gov.uk/ukpga/1988/1/section/826">that section</ref>, and</p></content></level><level class="para1" eId="section-51-3-b"><num>(b)</num><content><p>the material date for the purposes of <ref eId="c00081" href="https://www.legislation.gov.uk/ukpga/1988/1/section/826">that section</ref>, in relation to the relevant repayment, had been the date on which the interest mentioned in <ref href="#section-51-1">subsection (1)</ref> above was paid by the company.</p></content></level></subsection><subsection eId="section-51-4"><num>(4)</num><intro><p>Interest payable under <ref href="#section-51">this section</ref> must be paid—</p></intro><level class="para1" eId="section-51-4-a"><num>(a)</num><content><p>in respect of a relevant repayment made before 2 December 2025, as soon as reasonably practicable;</p></content></level><level class="para1" eId="section-51-4-b"><num>(b)</num><content><p>in respect of a relevant repayment made on or after that day, at the same time as the relevant repayment.</p></content></level></subsection><subsection eId="section-51-5"><num>(5)</num><content><p>Nothing in paragraph 10(1) of Schedule 7ZA to TIOPA 2010 (Treasury duty to make regulations where Commission Decision is revoked or annulled) requires the Treasury to make any further provision in relation to the repayment of interest paid by virtue of that Schedule.</p></content></subsection><subsection eId="section-51-6"><num>(6)</num><content><p>References in this section to Schedule 7ZA to TIOPA 2010 are to the Schedule treated as inserted in <ref eId="c00082" href="https://www.legislation.gov.uk/ukpga/2010/8/contents">that Act</ref> by paragraph (b) of <ref eId="c00083" href="https://www.legislation.gov.uk/ukpga/2020/26/schedule/4">Schedule 4</ref> to the <ref eId="c00084" href="https://www.legislation.gov.uk/ukpga/2020/26/contents">Taxation (Post-transition Period) Act 2020</ref>.</p></content></subsection><subsection eId="section-51-7"><num>(7)</num><content><p><ref href="#section-51">This section</ref> is treated as having come into force on 2 December 2025.</p></content></subsection></section>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-51-1"><num>(1)</num><content><p><ref href="#section-51">This section</ref> applies if a repayment of interest (“the relevant repayment”) is, or has been at any time, made to a company in consequence of the cancellation of an interest charging notice given to the company under Schedule 7ZA to TIOPA 2010 (recovery of unlawful state aid).</p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-51-2"><num>(2)</num><content><p>Interest must be paid to the company in respect of the relevant repayment.</p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-51-3"><num>(3)</num><intro><p>The amount of interest payable under <ref href="#section-51">this section</ref> is the amount that would have been payable by virtue of <ref eId="c00077" href="https://www.legislation.gov.uk/ukpga/1988/1/section/826">section 826</ref> of the <ref eId="c00078" href="https://www.legislation.gov.uk/ukpga/1988/1/contents">Income and Corporation Taxes Act 1988</ref> (interest on tax overpaid) in respect of the relevant repayment if, at the time of the relevant repayment—</p></intro><level class="para1" eId="section-51-3-a"><num>(a)</num><content><p>the relevant repayment had been among the repayments and payments listed in <ref eId="c00079" href="https://www.legislation.gov.uk/ukpga/1988/1/section/826">subsection (1)</ref> of <ref eId="c00080" href="https://www.legislation.gov.uk/ukpga/1988/1/section/826">that section</ref>, and</p></content></level><level class="para1" eId="section-51-3-b"><num>(b)</num><content><p>the material date for the purposes of <ref eId="c00081" href="https://www.legislation.gov.uk/ukpga/1988/1/section/826">that section</ref>, in relation to the relevant repayment, had been the date on which the interest mentioned in <ref href="#section-51-1">subsection (1)</ref> above was paid by the company.</p></content></level></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-51-3-a"><num>(a)</num><content><p>the relevant repayment had been among the repayments and payments listed in <ref eId="c00079" href="https://www.legislation.gov.uk/ukpga/1988/1/section/826">subsection (1)</ref> of <ref eId="c00080" href="https://www.legislation.gov.uk/ukpga/1988/1/section/826">that section</ref>, and</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-51-3-b"><num>(b)</num><content><p>the material date for the purposes of <ref eId="c00081" href="https://www.legislation.gov.uk/ukpga/1988/1/section/826">that section</ref>, in relation to the relevant repayment, had been the date on which the interest mentioned in <ref href="#section-51-1">subsection (1)</ref> above was paid by the company.</p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-51-4"><num>(4)</num><intro><p>Interest payable under <ref href="#section-51">this section</ref> must be paid—</p></intro><level class="para1" eId="section-51-4-a"><num>(a)</num><content><p>in respect of a relevant repayment made before 2 December 2025, as soon as reasonably practicable;</p></content></level><level class="para1" eId="section-51-4-b"><num>(b)</num><content><p>in respect of a relevant repayment made on or after that day, at the same time as the relevant repayment.</p></content></level></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-51-4-a"><num>(a)</num><content><p>in respect of a relevant repayment made before 2 December 2025, as soon as reasonably practicable;</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-51-4-b"><num>(b)</num><content><p>in respect of a relevant repayment made on or after that day, at the same time as the relevant repayment.</p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-51-5"><num>(5)</num><content><p>Nothing in paragraph 10(1) of Schedule 7ZA to TIOPA 2010 (Treasury duty to make regulations where Commission Decision is revoked or annulled) requires the Treasury to make any further provision in relation to the repayment of interest paid by virtue of that Schedule.</p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-51-6"><num>(6)</num><content><p>References in this section to Schedule 7ZA to TIOPA 2010 are to the Schedule treated as inserted in <ref eId="c00082" href="https://www.legislation.gov.uk/ukpga/2010/8/contents">that Act</ref> by paragraph (b) of <ref eId="c00083" href="https://www.legislation.gov.uk/ukpga/2020/26/schedule/4">Schedule 4</ref> to the <ref eId="c00084" href="https://www.legislation.gov.uk/ukpga/2020/26/contents">Taxation (Post-transition Period) Act 2020</ref>.</p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-51-7"><num>(7)</num><content><p><ref href="#section-51">This section</ref> is treated as having come into force on 2 December 2025.</p></content></subsection>
<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-52"><num>52</num><heading>Offshore income gains</heading><subsection eId="section-52-1"><num>(1)</num><intro><p>In the Offshore Funds (Tax) Regulations 2009 (<ref eId="c00085" href="http://www.legislation.gov.uk/id/uksi/2009/3001">S.I. 2009/3001</ref>)—</p></intro><level class="para1" eId="section-52-1-a"><num>(a)</num><content><p>in regulation 20 (application to gains of non-resident settlements), omit paragraphs (2) to (5);</p></content></level><level class="para1" eId="section-52-1-b"><num>(b)</num><content><p>in regulation 21 (application of transfer of assets abroad provisions), omit paragraphs (4) to (6).</p></content></level></subsection><subsection eId="section-52-2"><num>(2)</num><intro><p>In consequence of the amendments made by subsection <ref href="#section-52-1">(1)</ref>—</p></intro><level class="para1" eId="section-52-2-a"><num>(a)</num><content><p>in section 734 of ITA 2007 (reduction in amount charged: previous capital gains tax charge), in subsection (5), omit “20 and”;</p></content></level><level class="para1" eId="section-52-2-b"><num>(b)</num><content><p>in Schedule 7 to FA 2008 (remittance basis), omit paragraphs 100 to 102;</p></content></level><level class="para1" eId="section-52-2-c"><num>(c)</num><intro><p>in the Offshore Funds (Tax) Regulations 2009—</p></intro><level class="para2" eId="section-52-2-c-i"><num>(i)</num><content><p>in regulation 18 (charge to tax on disposal of asset: further provisions), in paragraph (5), omit sub-paragraph (c);</p></content></level><level class="para2" eId="section-52-2-c-ii"><num>(ii)</num><content><p>in regulation 19 (income treated as arising under regulation 17: remittance basis), omit paragraph (5);</p></content></level><level class="para2" eId="section-52-2-c-iii"><num>(iii)</num><content><p>omit regulation 130 (amendments of FA 2008);</p></content></level><level class="para2" eId="section-52-2-c-iv"><num>(iv)</num><content><p>in Part 2 of Schedule 3 (index of defined expressions), omit the entry for “OIG amount”;</p></content></level></level><level class="para1" eId="section-52-2-d"><num>(d)</num><intro><p>in Schedule 10 to FA 2025 (temporary repatriation facility)—</p></intro><level class="para2" eId="section-52-2-d-i"><num>(i)</num><content><p><mod>in paragraph 3(7), for “paragraphs 4 and 5” substitute <quotedText>“paragraph 5”</quotedText>;</mod></p></content></level><level class="para2" eId="section-52-2-d-ii"><num>(ii)</num><content><p><mod>in paragraph 3(9), for “paragraphs 4 and 5” substitute <quotedText>“paragraph 5”</quotedText>;</mod></p></content></level><level class="para2" eId="section-52-2-d-iii"><num>(iii)</num><content><p>omit paragraph 4;</p></content></level><level class="para2" eId="section-52-2-d-iv"><num>(iv)</num><content><p><mod>in paragraph 5(7), for “paragraphs 3 and 4” substitute <quotedText>“paragraph 3”</quotedText>;</mod></p></content></level><level class="para2" eId="section-52-2-d-v"><num>(v)</num><content><p>in paragraph 10, omit sub-paragraphs (7) and (8).</p></content></level></level></subsection><subsection eId="section-52-3"><num>(3)</num><content><p>Section <ref href="#section-53">53</ref> makes provision preserving in certain cases the effect of the law as it applied before the amendments made by this section.</p></content></subsection><subsection eId="section-52-4"><num>(4)</num><intro><p>This section—</p></intro><level class="para1" eId="section-52-4-a"><num>(a)</num><content><p>is to be treated as having come into force on 6 April 2025;</p></content></level><level class="para1" eId="section-52-4-b"><num>(b)</num><content><p>has effect for the tax year 2025-26 and subsequent tax years.</p></content></level></subsection></section>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-52-1"><num>(1)</num><intro><p>In the Offshore Funds (Tax) Regulations 2009 (<ref eId="c00085" href="http://www.legislation.gov.uk/id/uksi/2009/3001">S.I. 2009/3001</ref>)—</p></intro><level class="para1" eId="section-52-1-a"><num>(a)</num><content><p>in regulation 20 (application to gains of non-resident settlements), omit paragraphs (2) to (5);</p></content></level><level class="para1" eId="section-52-1-b"><num>(b)</num><content><p>in regulation 21 (application of transfer of assets abroad provisions), omit paragraphs (4) to (6).</p></content></level></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-52-1-a"><num>(a)</num><content><p>in regulation 20 (application to gains of non-resident settlements), omit paragraphs (2) to (5);</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-52-1-b"><num>(b)</num><content><p>in regulation 21 (application of transfer of assets abroad provisions), omit paragraphs (4) to (6).</p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-52-2"><num>(2)</num><intro><p>In consequence of the amendments made by subsection <ref href="#section-52-1">(1)</ref>—</p></intro><level class="para1" eId="section-52-2-a"><num>(a)</num><content><p>in section 734 of ITA 2007 (reduction in amount charged: previous capital gains tax charge), in subsection (5), omit “20 and”;</p></content></level><level class="para1" eId="section-52-2-b"><num>(b)</num><content><p>in Schedule 7 to FA 2008 (remittance basis), omit paragraphs 100 to 102;</p></content></level><level class="para1" eId="section-52-2-c"><num>(c)</num><intro><p>in the Offshore Funds (Tax) Regulations 2009—</p></intro><level class="para2" eId="section-52-2-c-i"><num>(i)</num><content><p>in regulation 18 (charge to tax on disposal of asset: further provisions), in paragraph (5), omit sub-paragraph (c);</p></content></level><level class="para2" eId="section-52-2-c-ii"><num>(ii)</num><content><p>in regulation 19 (income treated as arising under regulation 17: remittance basis), omit paragraph (5);</p></content></level><level class="para2" eId="section-52-2-c-iii"><num>(iii)</num><content><p>omit regulation 130 (amendments of FA 2008);</p></content></level><level class="para2" eId="section-52-2-c-iv"><num>(iv)</num><content><p>in Part 2 of Schedule 3 (index of defined expressions), omit the entry for “OIG amount”;</p></content></level></level><level class="para1" eId="section-52-2-d"><num>(d)</num><intro><p>in Schedule 10 to FA 2025 (temporary repatriation facility)—</p></intro><level class="para2" eId="section-52-2-d-i"><num>(i)</num><content><p><mod>in paragraph 3(7), for “paragraphs 4 and 5” substitute <quotedText>“paragraph 5”</quotedText>;</mod></p></content></level><level class="para2" eId="section-52-2-d-ii"><num>(ii)</num><content><p><mod>in paragraph 3(9), for “paragraphs 4 and 5” substitute <quotedText>“paragraph 5”</quotedText>;</mod></p></content></level><level class="para2" eId="section-52-2-d-iii"><num>(iii)</num><content><p>omit paragraph 4;</p></content></level><level class="para2" eId="section-52-2-d-iv"><num>(iv)</num><content><p><mod>in paragraph 5(7), for “paragraphs 3 and 4” substitute <quotedText>“paragraph 3”</quotedText>;</mod></p></content></level><level class="para2" eId="section-52-2-d-v"><num>(v)</num><content><p>in paragraph 10, omit sub-paragraphs (7) and (8).</p></content></level></level></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-52-2-a"><num>(a)</num><content><p>in section 734 of ITA 2007 (reduction in amount charged: previous capital gains tax charge), in subsection (5), omit “20 and”;</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-52-2-b"><num>(b)</num><content><p>in Schedule 7 to FA 2008 (remittance basis), omit paragraphs 100 to 102;</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-52-2-c"><num>(c)</num><intro><p>in the Offshore Funds (Tax) Regulations 2009—</p></intro><level class="para2" eId="section-52-2-c-i"><num>(i)</num><content><p>in regulation 18 (charge to tax on disposal of asset: further provisions), in paragraph (5), omit sub-paragraph (c);</p></content></level><level class="para2" eId="section-52-2-c-ii"><num>(ii)</num><content><p>in regulation 19 (income treated as arising under regulation 17: remittance basis), omit paragraph (5);</p></content></level><level class="para2" eId="section-52-2-c-iii"><num>(iii)</num><content><p>omit regulation 130 (amendments of FA 2008);</p></content></level><level class="para2" eId="section-52-2-c-iv"><num>(iv)</num><content><p>in Part 2 of Schedule 3 (index of defined expressions), omit the entry for “OIG amount”;</p></content></level></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para2" eId="section-52-2-c-i"><num>(i)</num><content><p>in regulation 18 (charge to tax on disposal of asset: further provisions), in paragraph (5), omit sub-paragraph (c);</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para2" eId="section-52-2-c-ii"><num>(ii)</num><content><p>in regulation 19 (income treated as arising under regulation 17: remittance basis), omit paragraph (5);</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para2" eId="section-52-2-c-iii"><num>(iii)</num><content><p>omit regulation 130 (amendments of FA 2008);</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para2" eId="section-52-2-c-iv"><num>(iv)</num><content><p>in Part 2 of Schedule 3 (index of defined expressions), omit the entry for “OIG amount”;</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-52-2-d"><num>(d)</num><intro><p>in Schedule 10 to FA 2025 (temporary repatriation facility)—</p></intro><level class="para2" eId="section-52-2-d-i"><num>(i)</num><content><p><mod>in paragraph 3(7), for “paragraphs 4 and 5” substitute <quotedText>“paragraph 5”</quotedText>;</mod></p></content></level><level class="para2" eId="section-52-2-d-ii"><num>(ii)</num><content><p><mod>in paragraph 3(9), for “paragraphs 4 and 5” substitute <quotedText>“paragraph 5”</quotedText>;</mod></p></content></level><level class="para2" eId="section-52-2-d-iii"><num>(iii)</num><content><p>omit paragraph 4;</p></content></level><level class="para2" eId="section-52-2-d-iv"><num>(iv)</num><content><p><mod>in paragraph 5(7), for “paragraphs 3 and 4” substitute <quotedText>“paragraph 3”</quotedText>;</mod></p></content></level><level class="para2" eId="section-52-2-d-v"><num>(v)</num><content><p>in paragraph 10, omit sub-paragraphs (7) and (8).</p></content></level></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para2" eId="section-52-2-d-i"><num>(i)</num><content><p><mod>in paragraph 3(7), for “paragraphs 4 and 5” substitute <quotedText>“paragraph 5”</quotedText>;</mod></p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para2" eId="section-52-2-d-ii"><num>(ii)</num><content><p><mod>in paragraph 3(9), for “paragraphs 4 and 5” substitute <quotedText>“paragraph 5”</quotedText>;</mod></p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para2" eId="section-52-2-d-iii"><num>(iii)</num><content><p>omit paragraph 4;</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para2" eId="section-52-2-d-iv"><num>(iv)</num><content><p><mod>in paragraph 5(7), for “paragraphs 3 and 4” substitute <quotedText>“paragraph 3”</quotedText>;</mod></p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para2" eId="section-52-2-d-v"><num>(v)</num><content><p>in paragraph 10, omit sub-paragraphs (7) and (8).</p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-52-3"><num>(3)</num><content><p>Section <ref href="#section-53">53</ref> makes provision preserving in certain cases the effect of the law as it applied before the amendments made by this section.</p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-52-4"><num>(4)</num><intro><p>This section—</p></intro><level class="para1" eId="section-52-4-a"><num>(a)</num><content><p>is to be treated as having come into force on 6 April 2025;</p></content></level><level class="para1" eId="section-52-4-b"><num>(b)</num><content><p>has effect for the tax year 2025-26 and subsequent tax years.</p></content></level></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-52-4-a"><num>(a)</num><content><p>is to be treated as having come into force on 6 April 2025;</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-52-4-b"><num>(b)</num><content><p>has effect for the tax year 2025-26 and subsequent tax years.</p></content></level>
<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="section-53"><num>53</num><heading>Offshore income gains: savings</heading><subsection eId="section-53-1"><num>(1)</num><content><p>This section applies in relation to an offshore income gain arising to the trustees of a settlement in a case where Chapter 2 of Part 13 of ITA 2007 (transfer of assets abroad) applies in relation to that gain for the tax year 2025-26 or any subsequent tax year because of the amendments made by section <ref href="#section-52">52</ref>.</p></content></subsection><subsection eId="section-53-2"><num>(2)</num><intro><p>If the offshore income gain arose in a tax year before the tax year 2025-26 and, by reason of that offshore income gain or a part of it, an offshore income gain was treated as arising in a tax year before the tax year 2025-26 to an individual under paragraphs (2) to (5) of regulation 20 of the Offshore Funds (Tax) Regulations 2009 (<ref eId="c00086" href="http://www.legislation.gov.uk/id/uksi/2009/3001">S.I. 2009/3001</ref>)—</p></intro><level class="para1" eId="section-53-2-a"><num>(a)</num><content><p>Chapter 2 of Part 13 of ITA 2007 is to be treated as not applying in relation to the offshore income gain arising to the trustees or that part of that gain, and</p></content></level><level class="para1" eId="section-53-2-b"><num>(b)</num><content><p>references in section 734 of ITA 2007 to chargeable gains treated as accruing to an individual are to be treated as including the offshore income gain treated as arising to the individual.</p></content></level></subsection><subsection eId="section-53-3"><num>(3)</num><intro><p>An individual is not chargeable to income tax under Chapter 2 of Part 13 of ITA 2007 on income treated as arising to the individual under section 732 of ITA 2007 by reason of the offshore income gain to the extent that the income, without the amendments made by section <ref href="#section-52">52</ref><ref href="#section-52-1">(1)</ref> and <ref href="#section-52-2">(2)</ref><ref href="#section-52-2-b">(b)</ref>—</p></intro><level class="para1" eId="section-53-3-a"><num>(a)</num><content><p>would have been treated as arising to that individual under paragraphs (2) to (5) of regulation 20 of the Offshore Funds (Tax) Regulations 2009 (<ref eId="c00087" href="http://www.legislation.gov.uk/id/uksi/2009/3001">S.I. 2009/3001</ref>), and</p></content></level><level class="para1" eId="section-53-3-b"><num>(b)</num><content><p>would have been non-chargeable income (see subsections <ref href="#section-53-4">(4)</ref>, <ref href="#section-53-5">(5)</ref> and <ref href="#section-53-6">(6)</ref>).</p></content></level></subsection><subsection eId="section-53-4"><num>(4)</num><intro><p>The income would have been non-chargeable income if, without the amendments made by section <ref href="#section-52">52</ref><ref href="#section-52-1">(1)</ref> and <ref href="#section-52-2">(2)</ref><ref href="#section-52-2-b">(b)</ref>—</p></intro><level class="para1" eId="section-53-4-a"><num>(a)</num><intro><p>the income would have been treated as arising by reason of—</p></intro><level class="para2" eId="section-53-4-a-i"><num>(i)</num><content><p>the matching of a capital payment received (or treated as received) by the individual before 6 April 2008 with an offshore income gain arising on or after 6 April 2025, or</p></content></level><level class="para2" eId="section-53-4-a-ii"><num>(ii)</num><content><p>the matching of a capital payment received (or treated as received) by the individual on or after 6 April 2025 with an offshore income gain arising before 6 April 2008, and</p></content></level></level><level class="para1" eId="section-53-4-b"><num>(b)</num><content><p>paragraph 100 of Schedule 7 to FA 2008 would have applied to the income.</p></content></level></subsection><subsection eId="section-53-5"><num>(5)</num><intro><p>The income would have been non-chargeable income to the extent that, without the amendments made by section <ref href="#section-52">52</ref><ref href="#section-52-1">(1)</ref> and <ref href="#section-52-2">(2)</ref><ref href="#section-52-2-b">(b)</ref>, it would have exceeded the relevant proportion of income—</p></intro><level class="para1" eId="section-53-5-a"><num>(a)</num><intro><p>which would have been treated as arising to the individual by reason of—</p></intro><level class="para2" eId="section-53-5-a-i"><num>(i)</num><content><p>the matching of a capital payment received (or treated as received) by the individual on or after 6 April 2008 with an offshore income gain arising on or after 6 April 2025, or</p></content></level><level class="para2" eId="section-53-5-a-ii"><num>(ii)</num><content><p>the matching of a capital payment received (or treated as received) by the individual on or after 6 April 2025 with an offshore income gain arising on or after 6 April 2008, and</p></content></level></level><level class="para1" eId="section-53-5-b"><num>(b)</num><content><p>to which paragraph 101 of Schedule 7 to FA 2008 would have applied,</p></content></level><wrapUp><p>and, for that purpose, “<term refersTo="#term-relevant-proportion" eId="term-relevant-proportion">relevant proportion</term>” has the meaning given by sub-paragraphs (9) to (18) of paragraph 126 of that Schedule as they would have been modified by sub-paragraph (3) of paragraph 101 of that Schedule.</p></wrapUp></subsection><subsection eId="section-53-6"><num>(6)</num><intro><p>The income would have been non-chargeable income to the extent that, without the amendments made by section <ref href="#section-52">52</ref><ref href="#section-52-1">(1)</ref> and <ref href="#section-52-2">(2)</ref><ref href="#section-52-2-b">(b)</ref>, it would have exceeded the relevant proportion of income—</p></intro><level class="para1" eId="section-53-6-a"><num>(a)</num><intro><p>which would have been treated as arising to the individual by reason of—</p></intro><level class="para2" eId="section-53-6-a-i"><num>(i)</num><content><p>the matching of a capital payment received (or treated as received) by the individual on or after 6 April 2008 with an offshore income gain arising on or after 6 April 2025, or</p></content></level><level class="para2" eId="section-53-6-a-ii"><num>(ii)</num><content><p>the matching of a capital payment received (or treated as received) by the individual on or after 6 April 2025 with an offshore income gain arising on or after 6 April 2008,</p></content></level></level><level class="para1" eId="section-53-6-b"><num>(b)</num><content><p>to which paragraph 102 of Schedule 7 to FA 2008 would have applied, and</p></content></level><level class="para1" eId="section-53-6-c"><num>(c)</num><content><p>to which paragraph 101 of that Schedule would not have applied,</p></content></level><wrapUp><p>and, for that purpose, “<term refersTo="#term-relevant-proportion" eId="term-relevant-proportion">relevant proportion</term>” has the meaning given by sub-paragraphs (4) to (7) of paragraph 127 of that Schedule as they would have been modified by sub-paragraph (4) of paragraph 102 of that Schedule.</p></wrapUp></subsection><subsection eId="section-53-7"><num>(7)</num><content><p>Subsection <ref href="#section-53-3">(3)</ref> does not prevent Chapter 2 of Part 13 of ITA 2007 from having effect as though the income not chargeable to tax under that subsection had been charged to tax under section 731 of that Act.</p></content></subsection><subsection eId="section-53-8"><num>(8)</num><intro><p>Accordingly—</p></intro><level class="para1" eId="section-53-8-a"><num>(a)</num><content><p>in the application of section 733(1) of ITA 2007 to the individual for subsequent tax years, the amount of that income will be deducted at Step 2 and at paragraph (a) of Step 5, and</p></content></level><level class="para1" eId="section-53-8-b"><num>(b)</num><content><p>in the application of section 733(1) of ITA 2007 to any other individual for subsequent tax years, the amount of that income will be deducted at paragraph (b) of Step 5.</p></content></level></subsection><subsection eId="section-53-9"><num>(9)</num><content><p><mod>In section 733 of ITA 2007, after subsection (2D) insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><subsection><num>(2E)</num><content><p>See subsections <ref href="#section-53-7">(7)</ref> and <ref href="#section-53-8">(8)</ref> of section <ref href="#section-53">53</ref> of FA 2026 (offshore income gains: savings relating to amendments made by section <ref href="#section-52">52</ref> of that Act) for special provision about income that is treated as arising under section 732 but that is not chargeable to income tax under subsection <ref href="#section-53-3">(3)</ref> of that section.</p></content></subsection></quotedStructure></mod></p></content></subsection><subsection eId="section-53-10"><num>(10)</num><intro><p>This section—</p></intro><level class="para1" eId="section-53-10-a"><num>(a)</num><content><p>is to be treated as having come into force on 6 April 2025;</p></content></level><level class="para1" eId="section-53-10-b"><num>(b)</num><content><p>has effect for the tax year 2025-26 and subsequent tax years.</p></content></level></subsection></section>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-53-1"><num>(1)</num><content><p>This section applies in relation to an offshore income gain arising to the trustees of a settlement in a case where Chapter 2 of Part 13 of ITA 2007 (transfer of assets abroad) applies in relation to that gain for the tax year 2025-26 or any subsequent tax year because of the amendments made by section <ref href="#section-52">52</ref>.</p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-53-2"><num>(2)</num><intro><p>If the offshore income gain arose in a tax year before the tax year 2025-26 and, by reason of that offshore income gain or a part of it, an offshore income gain was treated as arising in a tax year before the tax year 2025-26 to an individual under paragraphs (2) to (5) of regulation 20 of the Offshore Funds (Tax) Regulations 2009 (<ref eId="c00086" href="http://www.legislation.gov.uk/id/uksi/2009/3001">S.I. 2009/3001</ref>)—</p></intro><level class="para1" eId="section-53-2-a"><num>(a)</num><content><p>Chapter 2 of Part 13 of ITA 2007 is to be treated as not applying in relation to the offshore income gain arising to the trustees or that part of that gain, and</p></content></level><level class="para1" eId="section-53-2-b"><num>(b)</num><content><p>references in section 734 of ITA 2007 to chargeable gains treated as accruing to an individual are to be treated as including the offshore income gain treated as arising to the individual.</p></content></level></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-53-2-a"><num>(a)</num><content><p>Chapter 2 of Part 13 of ITA 2007 is to be treated as not applying in relation to the offshore income gain arising to the trustees or that part of that gain, and</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-53-2-b"><num>(b)</num><content><p>references in section 734 of ITA 2007 to chargeable gains treated as accruing to an individual are to be treated as including the offshore income gain treated as arising to the individual.</p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-53-3"><num>(3)</num><intro><p>An individual is not chargeable to income tax under Chapter 2 of Part 13 of ITA 2007 on income treated as arising to the individual under section 732 of ITA 2007 by reason of the offshore income gain to the extent that the income, without the amendments made by section <ref href="#section-52">52</ref><ref href="#section-52-1">(1)</ref> and <ref href="#section-52-2">(2)</ref><ref href="#section-52-2-b">(b)</ref>—</p></intro><level class="para1" eId="section-53-3-a"><num>(a)</num><content><p>would have been treated as arising to that individual under paragraphs (2) to (5) of regulation 20 of the Offshore Funds (Tax) Regulations 2009 (<ref eId="c00087" href="http://www.legislation.gov.uk/id/uksi/2009/3001">S.I. 2009/3001</ref>), and</p></content></level><level class="para1" eId="section-53-3-b"><num>(b)</num><content><p>would have been non-chargeable income (see subsections <ref href="#section-53-4">(4)</ref>, <ref href="#section-53-5">(5)</ref> and <ref href="#section-53-6">(6)</ref>).</p></content></level></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-53-3-a"><num>(a)</num><content><p>would have been treated as arising to that individual under paragraphs (2) to (5) of regulation 20 of the Offshore Funds (Tax) Regulations 2009 (<ref eId="c00087" href="http://www.legislation.gov.uk/id/uksi/2009/3001">S.I. 2009/3001</ref>), and</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-53-3-b"><num>(b)</num><content><p>would have been non-chargeable income (see subsections <ref href="#section-53-4">(4)</ref>, <ref href="#section-53-5">(5)</ref> and <ref href="#section-53-6">(6)</ref>).</p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-53-4"><num>(4)</num><intro><p>The income would have been non-chargeable income if, without the amendments made by section <ref href="#section-52">52</ref><ref href="#section-52-1">(1)</ref> and <ref href="#section-52-2">(2)</ref><ref href="#section-52-2-b">(b)</ref>—</p></intro><level class="para1" eId="section-53-4-a"><num>(a)</num><intro><p>the income would have been treated as arising by reason of—</p></intro><level class="para2" eId="section-53-4-a-i"><num>(i)</num><content><p>the matching of a capital payment received (or treated as received) by the individual before 6 April 2008 with an offshore income gain arising on or after 6 April 2025, or</p></content></level><level class="para2" eId="section-53-4-a-ii"><num>(ii)</num><content><p>the matching of a capital payment received (or treated as received) by the individual on or after 6 April 2025 with an offshore income gain arising before 6 April 2008, and</p></content></level></level><level class="para1" eId="section-53-4-b"><num>(b)</num><content><p>paragraph 100 of Schedule 7 to FA 2008 would have applied to the income.</p></content></level></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-53-4-a"><num>(a)</num><intro><p>the income would have been treated as arising by reason of—</p></intro><level class="para2" eId="section-53-4-a-i"><num>(i)</num><content><p>the matching of a capital payment received (or treated as received) by the individual before 6 April 2008 with an offshore income gain arising on or after 6 April 2025, or</p></content></level><level class="para2" eId="section-53-4-a-ii"><num>(ii)</num><content><p>the matching of a capital payment received (or treated as received) by the individual on or after 6 April 2025 with an offshore income gain arising before 6 April 2008, and</p></content></level></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para2" eId="section-53-4-a-i"><num>(i)</num><content><p>the matching of a capital payment received (or treated as received) by the individual before 6 April 2008 with an offshore income gain arising on or after 6 April 2025, or</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para2" eId="section-53-4-a-ii"><num>(ii)</num><content><p>the matching of a capital payment received (or treated as received) by the individual on or after 6 April 2025 with an offshore income gain arising before 6 April 2008, and</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-53-4-b"><num>(b)</num><content><p>paragraph 100 of Schedule 7 to FA 2008 would have applied to the income.</p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-53-5"><num>(5)</num><intro><p>The income would have been non-chargeable income to the extent that, without the amendments made by section <ref href="#section-52">52</ref><ref href="#section-52-1">(1)</ref> and <ref href="#section-52-2">(2)</ref><ref href="#section-52-2-b">(b)</ref>, it would have exceeded the relevant proportion of income—</p></intro><level class="para1" eId="section-53-5-a"><num>(a)</num><intro><p>which would have been treated as arising to the individual by reason of—</p></intro><level class="para2" eId="section-53-5-a-i"><num>(i)</num><content><p>the matching of a capital payment received (or treated as received) by the individual on or after 6 April 2008 with an offshore income gain arising on or after 6 April 2025, or</p></content></level><level class="para2" eId="section-53-5-a-ii"><num>(ii)</num><content><p>the matching of a capital payment received (or treated as received) by the individual on or after 6 April 2025 with an offshore income gain arising on or after 6 April 2008, and</p></content></level></level><level class="para1" eId="section-53-5-b"><num>(b)</num><content><p>to which paragraph 101 of Schedule 7 to FA 2008 would have applied,</p></content></level><wrapUp><p>and, for that purpose, “<term refersTo="#term-relevant-proportion" eId="term-relevant-proportion">relevant proportion</term>” has the meaning given by sub-paragraphs (9) to (18) of paragraph 126 of that Schedule as they would have been modified by sub-paragraph (3) of paragraph 101 of that Schedule.</p></wrapUp></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-53-5-a"><num>(a)</num><intro><p>which would have been treated as arising to the individual by reason of—</p></intro><level class="para2" eId="section-53-5-a-i"><num>(i)</num><content><p>the matching of a capital payment received (or treated as received) by the individual on or after 6 April 2008 with an offshore income gain arising on or after 6 April 2025, or</p></content></level><level class="para2" eId="section-53-5-a-ii"><num>(ii)</num><content><p>the matching of a capital payment received (or treated as received) by the individual on or after 6 April 2025 with an offshore income gain arising on or after 6 April 2008, and</p></content></level></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para2" eId="section-53-5-a-i"><num>(i)</num><content><p>the matching of a capital payment received (or treated as received) by the individual on or after 6 April 2008 with an offshore income gain arising on or after 6 April 2025, or</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para2" eId="section-53-5-a-ii"><num>(ii)</num><content><p>the matching of a capital payment received (or treated as received) by the individual on or after 6 April 2025 with an offshore income gain arising on or after 6 April 2008, and</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-53-5-b"><num>(b)</num><content><p>to which paragraph 101 of Schedule 7 to FA 2008 would have applied,</p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-53-6"><num>(6)</num><intro><p>The income would have been non-chargeable income to the extent that, without the amendments made by section <ref href="#section-52">52</ref><ref href="#section-52-1">(1)</ref> and <ref href="#section-52-2">(2)</ref><ref href="#section-52-2-b">(b)</ref>, it would have exceeded the relevant proportion of income—</p></intro><level class="para1" eId="section-53-6-a"><num>(a)</num><intro><p>which would have been treated as arising to the individual by reason of—</p></intro><level class="para2" eId="section-53-6-a-i"><num>(i)</num><content><p>the matching of a capital payment received (or treated as received) by the individual on or after 6 April 2008 with an offshore income gain arising on or after 6 April 2025, or</p></content></level><level class="para2" eId="section-53-6-a-ii"><num>(ii)</num><content><p>the matching of a capital payment received (or treated as received) by the individual on or after 6 April 2025 with an offshore income gain arising on or after 6 April 2008,</p></content></level></level><level class="para1" eId="section-53-6-b"><num>(b)</num><content><p>to which paragraph 102 of Schedule 7 to FA 2008 would have applied, and</p></content></level><level class="para1" eId="section-53-6-c"><num>(c)</num><content><p>to which paragraph 101 of that Schedule would not have applied,</p></content></level><wrapUp><p>and, for that purpose, “<term refersTo="#term-relevant-proportion" eId="term-relevant-proportion">relevant proportion</term>” has the meaning given by sub-paragraphs (4) to (7) of paragraph 127 of that Schedule as they would have been modified by sub-paragraph (4) of paragraph 102 of that Schedule.</p></wrapUp></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-53-6-a"><num>(a)</num><intro><p>which would have been treated as arising to the individual by reason of—</p></intro><level class="para2" eId="section-53-6-a-i"><num>(i)</num><content><p>the matching of a capital payment received (or treated as received) by the individual on or after 6 April 2008 with an offshore income gain arising on or after 6 April 2025, or</p></content></level><level class="para2" eId="section-53-6-a-ii"><num>(ii)</num><content><p>the matching of a capital payment received (or treated as received) by the individual on or after 6 April 2025 with an offshore income gain arising on or after 6 April 2008,</p></content></level></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para2" eId="section-53-6-a-i"><num>(i)</num><content><p>the matching of a capital payment received (or treated as received) by the individual on or after 6 April 2008 with an offshore income gain arising on or after 6 April 2025, or</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para2" eId="section-53-6-a-ii"><num>(ii)</num><content><p>the matching of a capital payment received (or treated as received) by the individual on or after 6 April 2025 with an offshore income gain arising on or after 6 April 2008,</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-53-6-b"><num>(b)</num><content><p>to which paragraph 102 of Schedule 7 to FA 2008 would have applied, and</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-53-6-c"><num>(c)</num><content><p>to which paragraph 101 of that Schedule would not have applied,</p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-53-7"><num>(7)</num><content><p>Subsection <ref href="#section-53-3">(3)</ref> does not prevent Chapter 2 of Part 13 of ITA 2007 from having effect as though the income not chargeable to tax under that subsection had been charged to tax under section 731 of that Act.</p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-53-8"><num>(8)</num><intro><p>Accordingly—</p></intro><level class="para1" eId="section-53-8-a"><num>(a)</num><content><p>in the application of section 733(1) of ITA 2007 to the individual for subsequent tax years, the amount of that income will be deducted at Step 2 and at paragraph (a) of Step 5, and</p></content></level><level class="para1" eId="section-53-8-b"><num>(b)</num><content><p>in the application of section 733(1) of ITA 2007 to any other individual for subsequent tax years, the amount of that income will be deducted at paragraph (b) of Step 5.</p></content></level></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-53-8-a"><num>(a)</num><content><p>in the application of section 733(1) of ITA 2007 to the individual for subsequent tax years, the amount of that income will be deducted at Step 2 and at paragraph (a) of Step 5, and</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-53-8-b"><num>(b)</num><content><p>in the application of section 733(1) of ITA 2007 to any other individual for subsequent tax years, the amount of that income will be deducted at paragraph (b) of Step 5.</p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="section-53-9"><num>(9)</num><content><p><mod>In section 733 of ITA 2007, after subsection (2D) insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><subsection><num>(2E)</num><content><p>See subsections <ref href="#section-53-7">(7)</ref> and <ref href="#section-53-8">(8)</ref> of section <ref href="#section-53">53</ref> of FA 2026 (offshore income gains: savings relating to amendments made by section <ref href="#section-52">52</ref> of that Act) for special provision about income that is treated as arising under section 732 but that is not chargeable to income tax under subsection <ref href="#section-53-3">(3)</ref> of that section.</p></content></subsection></quotedStructure></mod></p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-53-10"><num>(10)</num><intro><p>This section—</p></intro><level class="para1" eId="section-53-10-a"><num>(a)</num><content><p>is to be treated as having come into force on 6 April 2025;</p></content></level><level class="para1" eId="section-53-10-b"><num>(b)</num><content><p>has effect for the tax year 2025-26 and subsequent tax years.</p></content></level></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-53-10-a"><num>(a)</num><content><p>is to be treated as having come into force on 6 April 2025;</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-53-10-b"><num>(b)</num><content><p>has effect for the tax year 2025-26 and subsequent tax years.</p></content></level>
<hcontainer xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" name="crossheading" ukl:Name="Pblock" eId="part-1-crossheading-charities"><heading>Charities</heading><section eId="section-54"><num>54</num><heading>Legacies to charities to be within scope of tax</heading><subsection eId="section-54-1"><num>(1)</num><content><p><ref eId="c00088" href="https://www.legislation.gov.uk/ukpga/2007/3/part/10">Part 10</ref> of <ref eId="c00089" href="https://www.legislation.gov.uk/ukpga/2007/3/contents">ITA 2007</ref> (special rules about charitable trusts etc) is amended in accordance with subsections <ref href="#section-54-2">(2)</ref> to <ref href="#section-54-4">(4)</ref>.</p></content></subsection><subsection eId="section-54-2"><num>(2)</num><content><p><mod>In section 518 (overview), in subsection (1), for “523” substitute <quotedText>“523A”</quotedText>.</mod></p></content></subsection><subsection eId="section-54-3"><num>(3)</num><content><p><mod>After section 523 (but beneath the same italic heading) insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><section eId="d28e9977"><num>523A</num><heading>Legacies: income tax liability and exemption</heading><subsection><num>(1)</num><intro><p>This section applies to a gift of property—</p></intro><level class="para1"><num>(a)</num><content><p>that is made by will to a charitable trust, and</p></content></level><level class="para1"><num>(b)</num><content><p>that is not charged to income tax, apart from this section.</p></content></level></subsection><subsection><num>(2)</num><content><p>Income tax is charged on the gift.</p></content></subsection><subsection><num>(3)</num><content><p>It is charged on the total value of the property so received in the tax year; and for that purpose the value of any property other than money is its market value as at the time of the death of the person by whose will the gift of the property is made.</p></content></subsection><subsection><num>(4)</num><content><p>But property is not taken into account in calculating total income so far as it is applied to charitable purposes only.</p></content></subsection><subsection><num>(5)</num><content><p>The trustees of the charitable trust are liable for any tax charged under this section.</p></content></subsection><subsection><num>(6)</num><intro><p>A gift of property made to a charitable trust is treated for the purposes of this section as made by will if—</p></intro><level class="para1"><num>(a)</num><content><p>the gift is made to the trust by virtue of the variation, after a person’s death, of a disposition of property effected by the person’s will, and</p></content></level><level class="para1"><num>(b)</num><content><p>the variation is treated under section 142 of IHTA 1984 (alteration of dispositions taking effect on death) as having been effected by the deceased.</p></content></level></subsection><subsection><num>(7)</num><intro><p>In this section—</p></intro><hcontainer name="definition"><content><p>“<term refersTo="#term-property">property</term>” includes rights and interests of any description;</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-will">will</term>” includes a testament, a codicil and any testamentary disposition of property.</p></content></hcontainer></subsection></section></quotedStructure></mod></p></content></subsection><subsection eId="section-54-4"><num>(4)</num><content><p>In section 562 (excess expenditure), in subsection (5) (definition of “non-taxable sums”), omit “, legacies”.</p></content></subsection><subsection eId="section-54-5"><num>(5)</num><content><p><mod>In ITTOIA 2005, in section 636 (settlements: calculation of undistributed income), in subsection (7), at the appropriate place insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><blockList class="unordered none" ukl:Name="UnorderedList" ukl:Decoration="none"><item><p>section <ref href="#d28e9977">523A</ref> (legacies)</p></item></blockList></quotedStructure><inline name="appendText">.</inline></mod></p></content></subsection><subsection eId="section-54-6"><num>(6)</num><content><p>Part 11 of CTA 2010 (charitable companies etc) is amended in accordance with subsections <ref href="#section-54-7">(7)</ref> to <ref href="#section-54-9">(9)</ref>.</p></content></subsection><subsection eId="section-54-7"><num>(7)</num><content><p><mod>In section 466 (overview), in subsection (1), for “474” substitute <quotedText>“474A”</quotedText>.</mod></p></content></subsection><subsection eId="section-54-8"><num>(8)</num><content><p><mod>After section 474 (but beneath the same italic heading) insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><section><num>474A</num><heading>Legacies: corporation tax liability and exemption</heading><subsection><num>(1)</num><intro><p>This section applies to a gift of property—</p></intro><level class="para1"><num>(a)</num><content><p>that is made by will to a charitable company, and</p></content></level><level class="para1"><num>(b)</num><content><p>that is not chargeable to corporation tax apart from this section.</p></content></level></subsection><subsection><num>(2)</num><content><p>The value of the property that is the subject of the gift is treated as an amount in respect of which the charitable company is chargeable to corporation tax, under the charge to corporation tax on income.</p></content></subsection><subsection><num>(3)</num><content><p>For that purpose the value of any property other than money is its market value as at the time of the death of the person by whose will the gift of the property is made.</p></content></subsection><subsection eId="d28e10150"><num>(4)</num><content><p>But the value attributable to property is not taken into account in calculating total profits so far as the property is applied to charitable purposes only.</p></content></subsection><subsection><num>(5)</num><intro><p>A gift of property made to a charitable company is treated for the purposes of this section as made by will if—</p></intro><level class="para1"><num>(a)</num><content><p>the gift is made to the company by virtue of the variation, after a person’s death, of a disposition of property effected by the person’s will, and</p></content></level><level class="para1"><num>(b)</num><content><p>the variation is treated under section 142 of the Inheritance Tax Act 1984 (alteration of dispositions taking effect on death) has having been effected by the deceased.</p></content></level></subsection><subsection><num>(6)</num><content><p>The exemption under subsection <ref href="#d28e10150">(4)</ref> requires a claim.</p></content></subsection><subsection><num>(7)</num><intro><p>In this section—</p></intro><hcontainer name="definition"><content><p>“<term refersTo="#term-property">property</term>” includes rights and interests of any description;</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-will">will</term>” includes a testament, a codicil and any testamentary disposition of property.</p></content></hcontainer></subsection></section></quotedStructure></mod></p></content></subsection><subsection eId="section-54-9"><num>(9)</num><content><p>In section 515 (excess expenditure), in subsection (5) (definition of “non-taxable sums”), omit “, legacies”.</p></content></subsection><subsection eId="section-54-10"><num>(10)</num><content><p>The amendments made by this section have effect in relation to gifts received on or after 6 April 2026.</p></content></subsection></section><section eId="section-55"><num>55</num><heading>Approved charitable investments: purpose test</heading><subsection eId="section-55-1"><num>(1)</num><content><p>Section 558 of ITA 2007 (approved charitable investments) is amended in accordance with subsections <ref href="#section-55-2">(2)</ref> to <ref href="#section-55-5">(5)</ref>.</p></content></subsection><subsection eId="section-55-2"><num>(2)</num><content><p>The existing text becomes subsection (2).</p></content></subsection><subsection eId="section-55-3"><num>(3)</num><content><p><mod>Before that subsection insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><subsection><num>(1)</num><intro><p>For the purposes of section 543 “<term refersTo="#term-approved-charitable-investment">approved charitable investment</term>” means an investment—</p></intro><level class="para1"><num>(a)</num><content><p>that is of a type listed in subsection (2) and is made for an allowable purpose, or</p></content></level><level class="para1"><num>(b)</num><content><p>that is not of a type listed in subsection (2) but that is approved under subsection <ref href="#d28e10300">(3)</ref>.</p></content></level></subsection></quotedStructure></mod></p></content></subsection><subsection eId="section-55-4"><num>(4)</num><intro><p>In subsection (2)—</p></intro><level class="para1" eId="section-55-4-a"><num>(a)</num><content><p><mod>for the words before Type 1 substitute <quotedText>“The following are the types of investment mentioned in subsection (1)(a)—”</quotedText>;</mod></p></content></level><level class="para1" eId="section-55-4-b"><num>(b)</num><content><p>omit Type 12.</p></content></level></subsection><subsection eId="section-55-5"><num>(5)</num><content><p><mod>At the end insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><subsection eId="d28e10300"><num>(3)</num><content><p>An officer of Revenue and Customs may approve a loan or other investment under this subsection if satisfied, on a claim, that it is made for an allowable purpose.</p></content></subsection><subsection><num>(4)</num><intro><p>For the purposes of this section an investment is made “for an allowable purpose” if it is reasonable to draw the conclusion, from all the circumstances of the case, that the investment is made—</p></intro><level class="para1"><num>(a)</num><content><p>for the sole purpose of benefiting the charitable trust, or</p></content></level><level class="para1"><num>(b)</num><content><p>for that purpose and one or more ancillary or incidental purposes,</p></content></level><wrapUp><p>and is not made for the avoidance of tax (whether by the trust or any other person).</p></wrapUp></subsection></quotedStructure></mod></p></content></subsection><subsection eId="section-55-6"><num>(6)</num><content><p>Section 511 of CTA 2010 (approved charitable investments) is amended in accordance with subsections <ref href="#section-55-7">(7)</ref> to <ref href="#section-55-10">(10)</ref>.</p></content></subsection><subsection eId="section-55-7"><num>(7)</num><content><p>The existing text becomes subsection (2).</p></content></subsection><subsection eId="section-55-8"><num>(8)</num><content><p><mod>Before that subsection insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><subsection><num>(1)</num><intro><p>For the purposes of section 496 “<term refersTo="#term-approved-charitable-investment">approved charitable investment</term>” means an investment—</p></intro><level class="para1"><num>(a)</num><content><p>that is of a type listed in subsection (2) and is made for an allowable purpose, or</p></content></level><level class="para1"><num>(b)</num><content><p>that is not of a type listed in subsection (2) but that is approved under subsection (3).</p></content></level></subsection></quotedStructure></mod></p></content></subsection><subsection eId="section-55-9"><num>(9)</num><intro><p>In subsection (2)—</p></intro><level class="para1" eId="section-55-9-a"><num>(a)</num><content><p><mod>for the words before Type 1 substitute <quotedText>“The following are the types of investment mentioned in subsection (1)(a)—”</quotedText>;</mod></p></content></level><level class="para1" eId="section-55-9-b"><num>(b)</num><content><p>omit Type 12.</p></content></level></subsection><subsection eId="section-55-10"><num>(10)</num><content><p><mod>At the end insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><subsection><num>(3)</num><content><p>An officer of Revenue and Customs may approve a loan or other investment under this subsection if satisfied, on a claim, that it is made for an allowable purpose.</p></content></subsection><subsection><num>(4)</num><intro><p>For the purposes of this section an investment is made “for an allowable purpose” if it is reasonable to draw the conclusion, from all the circumstances of the case, that the investment is made—</p></intro><level class="para1"><num>(a)</num><content><p>for the sole purpose of benefiting the charitable company, or</p></content></level><level class="para1"><num>(b)</num><content><p>for that purpose and one or more ancillary or incidental purposes,</p></content></level><wrapUp><p>and is not made for the avoidance of tax (whether by the company or any other person).</p></wrapUp></subsection></quotedStructure></mod></p></content></subsection><subsection eId="section-55-11"><num>(11)</num><content><p>The amendments made by this section have effect in relation to investments made on or after 6 April 2026.</p></content></subsection></section><section eId="section-56"><num>56</num><heading>Tainted charity donations: replacement of purpose test with outcome test</heading><subsection eId="section-56-1"><num>(1)</num><content><p>Section 809ZJ of ITA 2007 (tainted donations) is amended in accordance with subsections <ref href="#section-56-2">(2)</ref> and <ref href="#section-56-3">(3)</ref>.</p></content></subsection><subsection eId="section-56-2"><num>(2)</num><content><p><mod>For subsection (5) substitute—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><subsection><num>(5)</num><intro><p>Condition B is that a linked person who is not a charity receives financial assistance—</p></intro><level class="para1"><num>(a)</num><content><p>under or in connection with the arrangements, and</p></content></level><level class="para1"><num>(b)</num><content><p>directly or indirectly from the charity to which the donation is made or from a connected charity.</p></content></level></subsection></quotedStructure></mod></p></content></subsection><subsection eId="section-56-3"><num>(3)</num><content><p><mod>In subsection (8), at the appropriate place insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><hcontainer name="definition"><content><p>“<term refersTo="#term-financial-assistance">financial assistance</term>” includes a loan, a guarantee, an indemnity or any form of investment (in each case, whether or not on arm’s length terms);</p></content></hcontainer></quotedStructure><inline name="appendText">.</inline></mod></p></content></subsection><subsection eId="section-56-4"><num>(4)</num><content><p>Section 939C of CTA 2010 (tainted donations) is amended in accordance with subsections (5) and (6).</p></content></subsection><subsection eId="section-56-5"><num>(5)</num><content><p><mod>For subsection (5) substitute—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><subsection><num>(5)</num><intro><p>Condition B is that a linked person who is not a charity receives financial assistance—</p></intro><level class="para1"><num>(a)</num><content><p>under or in connection with the arrangements, and</p></content></level><level class="para1"><num>(b)</num><content><p>directly or indirectly from the charity to which the donation is made or from a connected charity.</p></content></level></subsection></quotedStructure></mod></p></content></subsection><subsection eId="section-56-6"><num>(6)</num><content><p><mod>In subsection (8), at the appropriate place insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><hcontainer name="definition"><content><p>“<term refersTo="#term-financial-assistance">financial assistance</term>” includes a loan, a guarantee, an indemnity or any form of investment (in each case, whether or not on arm’s length terms);</p></content></hcontainer></quotedStructure><inline name="appendText">.</inline></mod></p></content></subsection><subsection eId="section-56-7"><num>(7)</num><content><p><ref href="#schedule-9">Schedule 9</ref> contains amendments connected with those made by this section in relation to tainted charity donations.</p></content></subsection><subsection eId="section-56-8"><num>(8)</num><content><p>The amendments made by this section and by <ref href="#schedule-9">Schedule 9</ref> have effect in relation to relievable charitable donations made on or after 6 April 2026.</p></content></subsection><subsection eId="section-56-9"><num>(9)</num><content><p>In a case where an associated donation is made on or after 6 April 2026 in relation to a tainted donation made before that date, the tainted donation is regarded for the purposes of sections <ref href="#d28e61953">809ZMB</ref> of ITA 2007, section <ref href="#d28e62743">939FB</ref> of CTA 2010 and section <ref href="#d28e63080">257B</ref> of TCGA 1992 as having “become” a tainted donation at the time when it was made.</p></content></subsection><subsection eId="section-56-10"><num>(10)</num><intro><p>In subsections <ref href="#section-56-8">(8)</ref> and <ref href="#section-56-9">(9)</ref>—</p></intro><hcontainer name="definition"><content><p>“<term refersTo="#term-associated-donation" eId="term-associated-donation">associated donation</term>” means an associated donation within the meaning of section <ref href="#d28e61953">809ZMB</ref> of ITA 2007 or section <ref href="#d28e62743">939FB</ref> of CTA 2010 (as inserted, in each case, by <ref href="#schedule-9">Schedule 9</ref>);</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-relievable-charitable-donation" eId="term-relievable-charitable-donation">relievable charitable donation</term>” means a relievable charity donation within the meaning of Chapter 8 of Part 13 of ITA 2007 or Part 21C of CTA 2010;</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-tainted-donation" eId="term-tainted-donation">tainted donation</term>” means a tainted donation within the meaning of Chapter 8 of Part 13 of ITA 2007 or Part 21C of CTA 2010.</p></content></hcontainer></subsection></section></hcontainer>
<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="section-54"><num>54</num><heading>Legacies to charities to be within scope of tax</heading><subsection eId="section-54-1"><num>(1)</num><content><p><ref eId="c00088" href="https://www.legislation.gov.uk/ukpga/2007/3/part/10">Part 10</ref> of <ref eId="c00089" href="https://www.legislation.gov.uk/ukpga/2007/3/contents">ITA 2007</ref> (special rules about charitable trusts etc) is amended in accordance with subsections <ref href="#section-54-2">(2)</ref> to <ref href="#section-54-4">(4)</ref>.</p></content></subsection><subsection eId="section-54-2"><num>(2)</num><content><p><mod>In section 518 (overview), in subsection (1), for “523” substitute <quotedText>“523A”</quotedText>.</mod></p></content></subsection><subsection eId="section-54-3"><num>(3)</num><content><p><mod>After section 523 (but beneath the same italic heading) insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><section eId="d28e9977"><num>523A</num><heading>Legacies: income tax liability and exemption</heading><subsection><num>(1)</num><intro><p>This section applies to a gift of property—</p></intro><level class="para1"><num>(a)</num><content><p>that is made by will to a charitable trust, and</p></content></level><level class="para1"><num>(b)</num><content><p>that is not charged to income tax, apart from this section.</p></content></level></subsection><subsection><num>(2)</num><content><p>Income tax is charged on the gift.</p></content></subsection><subsection><num>(3)</num><content><p>It is charged on the total value of the property so received in the tax year; and for that purpose the value of any property other than money is its market value as at the time of the death of the person by whose will the gift of the property is made.</p></content></subsection><subsection><num>(4)</num><content><p>But property is not taken into account in calculating total income so far as it is applied to charitable purposes only.</p></content></subsection><subsection><num>(5)</num><content><p>The trustees of the charitable trust are liable for any tax charged under this section.</p></content></subsection><subsection><num>(6)</num><intro><p>A gift of property made to a charitable trust is treated for the purposes of this section as made by will if—</p></intro><level class="para1"><num>(a)</num><content><p>the gift is made to the trust by virtue of the variation, after a person’s death, of a disposition of property effected by the person’s will, and</p></content></level><level class="para1"><num>(b)</num><content><p>the variation is treated under section 142 of IHTA 1984 (alteration of dispositions taking effect on death) as having been effected by the deceased.</p></content></level></subsection><subsection><num>(7)</num><intro><p>In this section—</p></intro><hcontainer name="definition"><content><p>“<term refersTo="#term-property">property</term>” includes rights and interests of any description;</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-will">will</term>” includes a testament, a codicil and any testamentary disposition of property.</p></content></hcontainer></subsection></section></quotedStructure></mod></p></content></subsection><subsection eId="section-54-4"><num>(4)</num><content><p>In section 562 (excess expenditure), in subsection (5) (definition of “non-taxable sums”), omit “, legacies”.</p></content></subsection><subsection eId="section-54-5"><num>(5)</num><content><p><mod>In ITTOIA 2005, in section 636 (settlements: calculation of undistributed income), in subsection (7), at the appropriate place insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><blockList class="unordered none" ukl:Name="UnorderedList" ukl:Decoration="none"><item><p>section <ref href="#d28e9977">523A</ref> (legacies)</p></item></blockList></quotedStructure><inline name="appendText">.</inline></mod></p></content></subsection><subsection eId="section-54-6"><num>(6)</num><content><p>Part 11 of CTA 2010 (charitable companies etc) is amended in accordance with subsections <ref href="#section-54-7">(7)</ref> to <ref href="#section-54-9">(9)</ref>.</p></content></subsection><subsection eId="section-54-7"><num>(7)</num><content><p><mod>In section 466 (overview), in subsection (1), for “474” substitute <quotedText>“474A”</quotedText>.</mod></p></content></subsection><subsection eId="section-54-8"><num>(8)</num><content><p><mod>After section 474 (but beneath the same italic heading) insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><section><num>474A</num><heading>Legacies: corporation tax liability and exemption</heading><subsection><num>(1)</num><intro><p>This section applies to a gift of property—</p></intro><level class="para1"><num>(a)</num><content><p>that is made by will to a charitable company, and</p></content></level><level class="para1"><num>(b)</num><content><p>that is not chargeable to corporation tax apart from this section.</p></content></level></subsection><subsection><num>(2)</num><content><p>The value of the property that is the subject of the gift is treated as an amount in respect of which the charitable company is chargeable to corporation tax, under the charge to corporation tax on income.</p></content></subsection><subsection><num>(3)</num><content><p>For that purpose the value of any property other than money is its market value as at the time of the death of the person by whose will the gift of the property is made.</p></content></subsection><subsection eId="d28e10150"><num>(4)</num><content><p>But the value attributable to property is not taken into account in calculating total profits so far as the property is applied to charitable purposes only.</p></content></subsection><subsection><num>(5)</num><intro><p>A gift of property made to a charitable company is treated for the purposes of this section as made by will if—</p></intro><level class="para1"><num>(a)</num><content><p>the gift is made to the company by virtue of the variation, after a person’s death, of a disposition of property effected by the person’s will, and</p></content></level><level class="para1"><num>(b)</num><content><p>the variation is treated under section 142 of the Inheritance Tax Act 1984 (alteration of dispositions taking effect on death) has having been effected by the deceased.</p></content></level></subsection><subsection><num>(6)</num><content><p>The exemption under subsection <ref href="#d28e10150">(4)</ref> requires a claim.</p></content></subsection><subsection><num>(7)</num><intro><p>In this section—</p></intro><hcontainer name="definition"><content><p>“<term refersTo="#term-property">property</term>” includes rights and interests of any description;</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-will">will</term>” includes a testament, a codicil and any testamentary disposition of property.</p></content></hcontainer></subsection></section></quotedStructure></mod></p></content></subsection><subsection eId="section-54-9"><num>(9)</num><content><p>In section 515 (excess expenditure), in subsection (5) (definition of “non-taxable sums”), omit “, legacies”.</p></content></subsection><subsection eId="section-54-10"><num>(10)</num><content><p>The amendments made by this section have effect in relation to gifts received on or after 6 April 2026.</p></content></subsection></section>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-54-1"><num>(1)</num><content><p><ref eId="c00088" href="https://www.legislation.gov.uk/ukpga/2007/3/part/10">Part 10</ref> of <ref eId="c00089" href="https://www.legislation.gov.uk/ukpga/2007/3/contents">ITA 2007</ref> (special rules about charitable trusts etc) is amended in accordance with subsections <ref href="#section-54-2">(2)</ref> to <ref href="#section-54-4">(4)</ref>.</p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-54-2"><num>(2)</num><content><p><mod>In section 518 (overview), in subsection (1), for “523” substitute <quotedText>“523A”</quotedText>.</mod></p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="section-54-3"><num>(3)</num><content><p><mod>After section 523 (but beneath the same italic heading) insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><section eId="d28e9977"><num>523A</num><heading>Legacies: income tax liability and exemption</heading><subsection><num>(1)</num><intro><p>This section applies to a gift of property—</p></intro><level class="para1"><num>(a)</num><content><p>that is made by will to a charitable trust, and</p></content></level><level class="para1"><num>(b)</num><content><p>that is not charged to income tax, apart from this section.</p></content></level></subsection><subsection><num>(2)</num><content><p>Income tax is charged on the gift.</p></content></subsection><subsection><num>(3)</num><content><p>It is charged on the total value of the property so received in the tax year; and for that purpose the value of any property other than money is its market value as at the time of the death of the person by whose will the gift of the property is made.</p></content></subsection><subsection><num>(4)</num><content><p>But property is not taken into account in calculating total income so far as it is applied to charitable purposes only.</p></content></subsection><subsection><num>(5)</num><content><p>The trustees of the charitable trust are liable for any tax charged under this section.</p></content></subsection><subsection><num>(6)</num><intro><p>A gift of property made to a charitable trust is treated for the purposes of this section as made by will if—</p></intro><level class="para1"><num>(a)</num><content><p>the gift is made to the trust by virtue of the variation, after a person’s death, of a disposition of property effected by the person’s will, and</p></content></level><level class="para1"><num>(b)</num><content><p>the variation is treated under section 142 of IHTA 1984 (alteration of dispositions taking effect on death) as having been effected by the deceased.</p></content></level></subsection><subsection><num>(7)</num><intro><p>In this section—</p></intro><hcontainer name="definition"><content><p>“<term refersTo="#term-property">property</term>” includes rights and interests of any description;</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-will">will</term>” includes a testament, a codicil and any testamentary disposition of property.</p></content></hcontainer></subsection></section></quotedStructure></mod></p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-54-4"><num>(4)</num><content><p>In section 562 (excess expenditure), in subsection (5) (definition of “non-taxable sums”), omit “, legacies”.</p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="section-54-5"><num>(5)</num><content><p><mod>In ITTOIA 2005, in section 636 (settlements: calculation of undistributed income), in subsection (7), at the appropriate place insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><blockList class="unordered none" ukl:Name="UnorderedList" ukl:Decoration="none"><item><p>section <ref href="#d28e9977">523A</ref> (legacies)</p></item></blockList></quotedStructure><inline name="appendText">.</inline></mod></p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-54-6"><num>(6)</num><content><p>Part 11 of CTA 2010 (charitable companies etc) is amended in accordance with subsections <ref href="#section-54-7">(7)</ref> to <ref href="#section-54-9">(9)</ref>.</p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-54-7"><num>(7)</num><content><p><mod>In section 466 (overview), in subsection (1), for “474” substitute <quotedText>“474A”</quotedText>.</mod></p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="section-54-8"><num>(8)</num><content><p><mod>After section 474 (but beneath the same italic heading) insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><section><num>474A</num><heading>Legacies: corporation tax liability and exemption</heading><subsection><num>(1)</num><intro><p>This section applies to a gift of property—</p></intro><level class="para1"><num>(a)</num><content><p>that is made by will to a charitable company, and</p></content></level><level class="para1"><num>(b)</num><content><p>that is not chargeable to corporation tax apart from this section.</p></content></level></subsection><subsection><num>(2)</num><content><p>The value of the property that is the subject of the gift is treated as an amount in respect of which the charitable company is chargeable to corporation tax, under the charge to corporation tax on income.</p></content></subsection><subsection><num>(3)</num><content><p>For that purpose the value of any property other than money is its market value as at the time of the death of the person by whose will the gift of the property is made.</p></content></subsection><subsection eId="d28e10150"><num>(4)</num><content><p>But the value attributable to property is not taken into account in calculating total profits so far as the property is applied to charitable purposes only.</p></content></subsection><subsection><num>(5)</num><intro><p>A gift of property made to a charitable company is treated for the purposes of this section as made by will if—</p></intro><level class="para1"><num>(a)</num><content><p>the gift is made to the company by virtue of the variation, after a person’s death, of a disposition of property effected by the person’s will, and</p></content></level><level class="para1"><num>(b)</num><content><p>the variation is treated under section 142 of the Inheritance Tax Act 1984 (alteration of dispositions taking effect on death) has having been effected by the deceased.</p></content></level></subsection><subsection><num>(6)</num><content><p>The exemption under subsection <ref href="#d28e10150">(4)</ref> requires a claim.</p></content></subsection><subsection><num>(7)</num><intro><p>In this section—</p></intro><hcontainer name="definition"><content><p>“<term refersTo="#term-property">property</term>” includes rights and interests of any description;</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-will">will</term>” includes a testament, a codicil and any testamentary disposition of property.</p></content></hcontainer></subsection></section></quotedStructure></mod></p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-54-9"><num>(9)</num><content><p>In section 515 (excess expenditure), in subsection (5) (definition of “non-taxable sums”), omit “, legacies”.</p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-54-10"><num>(10)</num><content><p>The amendments made by this section have effect in relation to gifts received on or after 6 April 2026.</p></content></subsection>
<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="section-55"><num>55</num><heading>Approved charitable investments: purpose test</heading><subsection eId="section-55-1"><num>(1)</num><content><p>Section 558 of ITA 2007 (approved charitable investments) is amended in accordance with subsections <ref href="#section-55-2">(2)</ref> to <ref href="#section-55-5">(5)</ref>.</p></content></subsection><subsection eId="section-55-2"><num>(2)</num><content><p>The existing text becomes subsection (2).</p></content></subsection><subsection eId="section-55-3"><num>(3)</num><content><p><mod>Before that subsection insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><subsection><num>(1)</num><intro><p>For the purposes of section 543 “<term refersTo="#term-approved-charitable-investment">approved charitable investment</term>” means an investment—</p></intro><level class="para1"><num>(a)</num><content><p>that is of a type listed in subsection (2) and is made for an allowable purpose, or</p></content></level><level class="para1"><num>(b)</num><content><p>that is not of a type listed in subsection (2) but that is approved under subsection <ref href="#d28e10300">(3)</ref>.</p></content></level></subsection></quotedStructure></mod></p></content></subsection><subsection eId="section-55-4"><num>(4)</num><intro><p>In subsection (2)—</p></intro><level class="para1" eId="section-55-4-a"><num>(a)</num><content><p><mod>for the words before Type 1 substitute <quotedText>“The following are the types of investment mentioned in subsection (1)(a)—”</quotedText>;</mod></p></content></level><level class="para1" eId="section-55-4-b"><num>(b)</num><content><p>omit Type 12.</p></content></level></subsection><subsection eId="section-55-5"><num>(5)</num><content><p><mod>At the end insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><subsection eId="d28e10300"><num>(3)</num><content><p>An officer of Revenue and Customs may approve a loan or other investment under this subsection if satisfied, on a claim, that it is made for an allowable purpose.</p></content></subsection><subsection><num>(4)</num><intro><p>For the purposes of this section an investment is made “for an allowable purpose” if it is reasonable to draw the conclusion, from all the circumstances of the case, that the investment is made—</p></intro><level class="para1"><num>(a)</num><content><p>for the sole purpose of benefiting the charitable trust, or</p></content></level><level class="para1"><num>(b)</num><content><p>for that purpose and one or more ancillary or incidental purposes,</p></content></level><wrapUp><p>and is not made for the avoidance of tax (whether by the trust or any other person).</p></wrapUp></subsection></quotedStructure></mod></p></content></subsection><subsection eId="section-55-6"><num>(6)</num><content><p>Section 511 of CTA 2010 (approved charitable investments) is amended in accordance with subsections <ref href="#section-55-7">(7)</ref> to <ref href="#section-55-10">(10)</ref>.</p></content></subsection><subsection eId="section-55-7"><num>(7)</num><content><p>The existing text becomes subsection (2).</p></content></subsection><subsection eId="section-55-8"><num>(8)</num><content><p><mod>Before that subsection insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><subsection><num>(1)</num><intro><p>For the purposes of section 496 “<term refersTo="#term-approved-charitable-investment">approved charitable investment</term>” means an investment—</p></intro><level class="para1"><num>(a)</num><content><p>that is of a type listed in subsection (2) and is made for an allowable purpose, or</p></content></level><level class="para1"><num>(b)</num><content><p>that is not of a type listed in subsection (2) but that is approved under subsection (3).</p></content></level></subsection></quotedStructure></mod></p></content></subsection><subsection eId="section-55-9"><num>(9)</num><intro><p>In subsection (2)—</p></intro><level class="para1" eId="section-55-9-a"><num>(a)</num><content><p><mod>for the words before Type 1 substitute <quotedText>“The following are the types of investment mentioned in subsection (1)(a)—”</quotedText>;</mod></p></content></level><level class="para1" eId="section-55-9-b"><num>(b)</num><content><p>omit Type 12.</p></content></level></subsection><subsection eId="section-55-10"><num>(10)</num><content><p><mod>At the end insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><subsection><num>(3)</num><content><p>An officer of Revenue and Customs may approve a loan or other investment under this subsection if satisfied, on a claim, that it is made for an allowable purpose.</p></content></subsection><subsection><num>(4)</num><intro><p>For the purposes of this section an investment is made “for an allowable purpose” if it is reasonable to draw the conclusion, from all the circumstances of the case, that the investment is made—</p></intro><level class="para1"><num>(a)</num><content><p>for the sole purpose of benefiting the charitable company, or</p></content></level><level class="para1"><num>(b)</num><content><p>for that purpose and one or more ancillary or incidental purposes,</p></content></level><wrapUp><p>and is not made for the avoidance of tax (whether by the company or any other person).</p></wrapUp></subsection></quotedStructure></mod></p></content></subsection><subsection eId="section-55-11"><num>(11)</num><content><p>The amendments made by this section have effect in relation to investments made on or after 6 April 2026.</p></content></subsection></section>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-55-1"><num>(1)</num><content><p>Section 558 of ITA 2007 (approved charitable investments) is amended in accordance with subsections <ref href="#section-55-2">(2)</ref> to <ref href="#section-55-5">(5)</ref>.</p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-55-2"><num>(2)</num><content><p>The existing text becomes subsection (2).</p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="section-55-3"><num>(3)</num><content><p><mod>Before that subsection insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><subsection><num>(1)</num><intro><p>For the purposes of section 543 “<term refersTo="#term-approved-charitable-investment">approved charitable investment</term>” means an investment—</p></intro><level class="para1"><num>(a)</num><content><p>that is of a type listed in subsection (2) and is made for an allowable purpose, or</p></content></level><level class="para1"><num>(b)</num><content><p>that is not of a type listed in subsection (2) but that is approved under subsection <ref href="#d28e10300">(3)</ref>.</p></content></level></subsection></quotedStructure></mod></p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-55-4"><num>(4)</num><intro><p>In subsection (2)—</p></intro><level class="para1" eId="section-55-4-a"><num>(a)</num><content><p><mod>for the words before Type 1 substitute <quotedText>“The following are the types of investment mentioned in subsection (1)(a)—”</quotedText>;</mod></p></content></level><level class="para1" eId="section-55-4-b"><num>(b)</num><content><p>omit Type 12.</p></content></level></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-55-4-a"><num>(a)</num><content><p><mod>for the words before Type 1 substitute <quotedText>“The following are the types of investment mentioned in subsection (1)(a)—”</quotedText>;</mod></p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-55-4-b"><num>(b)</num><content><p>omit Type 12.</p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="section-55-5"><num>(5)</num><content><p><mod>At the end insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><subsection eId="d28e10300"><num>(3)</num><content><p>An officer of Revenue and Customs may approve a loan or other investment under this subsection if satisfied, on a claim, that it is made for an allowable purpose.</p></content></subsection><subsection><num>(4)</num><intro><p>For the purposes of this section an investment is made “for an allowable purpose” if it is reasonable to draw the conclusion, from all the circumstances of the case, that the investment is made—</p></intro><level class="para1"><num>(a)</num><content><p>for the sole purpose of benefiting the charitable trust, or</p></content></level><level class="para1"><num>(b)</num><content><p>for that purpose and one or more ancillary or incidental purposes,</p></content></level><wrapUp><p>and is not made for the avoidance of tax (whether by the trust or any other person).</p></wrapUp></subsection></quotedStructure></mod></p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-55-6"><num>(6)</num><content><p>Section 511 of CTA 2010 (approved charitable investments) is amended in accordance with subsections <ref href="#section-55-7">(7)</ref> to <ref href="#section-55-10">(10)</ref>.</p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-55-7"><num>(7)</num><content><p>The existing text becomes subsection (2).</p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="section-55-8"><num>(8)</num><content><p><mod>Before that subsection insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><subsection><num>(1)</num><intro><p>For the purposes of section 496 “<term refersTo="#term-approved-charitable-investment">approved charitable investment</term>” means an investment—</p></intro><level class="para1"><num>(a)</num><content><p>that is of a type listed in subsection (2) and is made for an allowable purpose, or</p></content></level><level class="para1"><num>(b)</num><content><p>that is not of a type listed in subsection (2) but that is approved under subsection (3).</p></content></level></subsection></quotedStructure></mod></p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-55-9"><num>(9)</num><intro><p>In subsection (2)—</p></intro><level class="para1" eId="section-55-9-a"><num>(a)</num><content><p><mod>for the words before Type 1 substitute <quotedText>“The following are the types of investment mentioned in subsection (1)(a)—”</quotedText>;</mod></p></content></level><level class="para1" eId="section-55-9-b"><num>(b)</num><content><p>omit Type 12.</p></content></level></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-55-9-a"><num>(a)</num><content><p><mod>for the words before Type 1 substitute <quotedText>“The following are the types of investment mentioned in subsection (1)(a)—”</quotedText>;</mod></p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-55-9-b"><num>(b)</num><content><p>omit Type 12.</p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="section-55-10"><num>(10)</num><content><p><mod>At the end insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><subsection><num>(3)</num><content><p>An officer of Revenue and Customs may approve a loan or other investment under this subsection if satisfied, on a claim, that it is made for an allowable purpose.</p></content></subsection><subsection><num>(4)</num><intro><p>For the purposes of this section an investment is made “for an allowable purpose” if it is reasonable to draw the conclusion, from all the circumstances of the case, that the investment is made—</p></intro><level class="para1"><num>(a)</num><content><p>for the sole purpose of benefiting the charitable company, or</p></content></level><level class="para1"><num>(b)</num><content><p>for that purpose and one or more ancillary or incidental purposes,</p></content></level><wrapUp><p>and is not made for the avoidance of tax (whether by the company or any other person).</p></wrapUp></subsection></quotedStructure></mod></p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-55-11"><num>(11)</num><content><p>The amendments made by this section have effect in relation to investments made on or after 6 April 2026.</p></content></subsection>
<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="section-56"><num>56</num><heading>Tainted charity donations: replacement of purpose test with outcome test</heading><subsection eId="section-56-1"><num>(1)</num><content><p>Section 809ZJ of ITA 2007 (tainted donations) is amended in accordance with subsections <ref href="#section-56-2">(2)</ref> and <ref href="#section-56-3">(3)</ref>.</p></content></subsection><subsection eId="section-56-2"><num>(2)</num><content><p><mod>For subsection (5) substitute—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><subsection><num>(5)</num><intro><p>Condition B is that a linked person who is not a charity receives financial assistance—</p></intro><level class="para1"><num>(a)</num><content><p>under or in connection with the arrangements, and</p></content></level><level class="para1"><num>(b)</num><content><p>directly or indirectly from the charity to which the donation is made or from a connected charity.</p></content></level></subsection></quotedStructure></mod></p></content></subsection><subsection eId="section-56-3"><num>(3)</num><content><p><mod>In subsection (8), at the appropriate place insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><hcontainer name="definition"><content><p>“<term refersTo="#term-financial-assistance">financial assistance</term>” includes a loan, a guarantee, an indemnity or any form of investment (in each case, whether or not on arm’s length terms);</p></content></hcontainer></quotedStructure><inline name="appendText">.</inline></mod></p></content></subsection><subsection eId="section-56-4"><num>(4)</num><content><p>Section 939C of CTA 2010 (tainted donations) is amended in accordance with subsections (5) and (6).</p></content></subsection><subsection eId="section-56-5"><num>(5)</num><content><p><mod>For subsection (5) substitute—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><subsection><num>(5)</num><intro><p>Condition B is that a linked person who is not a charity receives financial assistance—</p></intro><level class="para1"><num>(a)</num><content><p>under or in connection with the arrangements, and</p></content></level><level class="para1"><num>(b)</num><content><p>directly or indirectly from the charity to which the donation is made or from a connected charity.</p></content></level></subsection></quotedStructure></mod></p></content></subsection><subsection eId="section-56-6"><num>(6)</num><content><p><mod>In subsection (8), at the appropriate place insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><hcontainer name="definition"><content><p>“<term refersTo="#term-financial-assistance">financial assistance</term>” includes a loan, a guarantee, an indemnity or any form of investment (in each case, whether or not on arm’s length terms);</p></content></hcontainer></quotedStructure><inline name="appendText">.</inline></mod></p></content></subsection><subsection eId="section-56-7"><num>(7)</num><content><p><ref href="#schedule-9">Schedule 9</ref> contains amendments connected with those made by this section in relation to tainted charity donations.</p></content></subsection><subsection eId="section-56-8"><num>(8)</num><content><p>The amendments made by this section and by <ref href="#schedule-9">Schedule 9</ref> have effect in relation to relievable charitable donations made on or after 6 April 2026.</p></content></subsection><subsection eId="section-56-9"><num>(9)</num><content><p>In a case where an associated donation is made on or after 6 April 2026 in relation to a tainted donation made before that date, the tainted donation is regarded for the purposes of sections <ref href="#d28e61953">809ZMB</ref> of ITA 2007, section <ref href="#d28e62743">939FB</ref> of CTA 2010 and section <ref href="#d28e63080">257B</ref> of TCGA 1992 as having “become” a tainted donation at the time when it was made.</p></content></subsection><subsection eId="section-56-10"><num>(10)</num><intro><p>In subsections <ref href="#section-56-8">(8)</ref> and <ref href="#section-56-9">(9)</ref>—</p></intro><hcontainer name="definition"><content><p>“<term refersTo="#term-associated-donation" eId="term-associated-donation">associated donation</term>” means an associated donation within the meaning of section <ref href="#d28e61953">809ZMB</ref> of ITA 2007 or section <ref href="#d28e62743">939FB</ref> of CTA 2010 (as inserted, in each case, by <ref href="#schedule-9">Schedule 9</ref>);</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-relievable-charitable-donation" eId="term-relievable-charitable-donation">relievable charitable donation</term>” means a relievable charity donation within the meaning of Chapter 8 of Part 13 of ITA 2007 or Part 21C of CTA 2010;</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-tainted-donation" eId="term-tainted-donation">tainted donation</term>” means a tainted donation within the meaning of Chapter 8 of Part 13 of ITA 2007 or Part 21C of CTA 2010.</p></content></hcontainer></subsection></section>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-56-1"><num>(1)</num><content><p>Section 809ZJ of ITA 2007 (tainted donations) is amended in accordance with subsections <ref href="#section-56-2">(2)</ref> and <ref href="#section-56-3">(3)</ref>.</p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="section-56-2"><num>(2)</num><content><p><mod>For subsection (5) substitute—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><subsection><num>(5)</num><intro><p>Condition B is that a linked person who is not a charity receives financial assistance—</p></intro><level class="para1"><num>(a)</num><content><p>under or in connection with the arrangements, and</p></content></level><level class="para1"><num>(b)</num><content><p>directly or indirectly from the charity to which the donation is made or from a connected charity.</p></content></level></subsection></quotedStructure></mod></p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="section-56-3"><num>(3)</num><content><p><mod>In subsection (8), at the appropriate place insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><hcontainer name="definition"><content><p>“<term refersTo="#term-financial-assistance">financial assistance</term>” includes a loan, a guarantee, an indemnity or any form of investment (in each case, whether or not on arm’s length terms);</p></content></hcontainer></quotedStructure><inline name="appendText">.</inline></mod></p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-56-4"><num>(4)</num><content><p>Section 939C of CTA 2010 (tainted donations) is amended in accordance with subsections (5) and (6).</p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="section-56-5"><num>(5)</num><content><p><mod>For subsection (5) substitute—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><subsection><num>(5)</num><intro><p>Condition B is that a linked person who is not a charity receives financial assistance—</p></intro><level class="para1"><num>(a)</num><content><p>under or in connection with the arrangements, and</p></content></level><level class="para1"><num>(b)</num><content><p>directly or indirectly from the charity to which the donation is made or from a connected charity.</p></content></level></subsection></quotedStructure></mod></p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="section-56-6"><num>(6)</num><content><p><mod>In subsection (8), at the appropriate place insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><hcontainer name="definition"><content><p>“<term refersTo="#term-financial-assistance">financial assistance</term>” includes a loan, a guarantee, an indemnity or any form of investment (in each case, whether or not on arm’s length terms);</p></content></hcontainer></quotedStructure><inline name="appendText">.</inline></mod></p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-56-7"><num>(7)</num><content><p><ref href="#schedule-9">Schedule 9</ref> contains amendments connected with those made by this section in relation to tainted charity donations.</p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-56-8"><num>(8)</num><content><p>The amendments made by this section and by <ref href="#schedule-9">Schedule 9</ref> have effect in relation to relievable charitable donations made on or after 6 April 2026.</p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-56-9"><num>(9)</num><content><p>In a case where an associated donation is made on or after 6 April 2026 in relation to a tainted donation made before that date, the tainted donation is regarded for the purposes of sections <ref href="#d28e61953">809ZMB</ref> of ITA 2007, section <ref href="#d28e62743">939FB</ref> of CTA 2010 and section <ref href="#d28e63080">257B</ref> of TCGA 1992 as having “become” a tainted donation at the time when it was made.</p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-56-10"><num>(10)</num><intro><p>In subsections <ref href="#section-56-8">(8)</ref> and <ref href="#section-56-9">(9)</ref>—</p></intro><hcontainer name="definition"><content><p>“<term refersTo="#term-associated-donation" eId="term-associated-donation">associated donation</term>” means an associated donation within the meaning of section <ref href="#d28e61953">809ZMB</ref> of ITA 2007 or section <ref href="#d28e62743">939FB</ref> of CTA 2010 (as inserted, in each case, by <ref href="#schedule-9">Schedule 9</ref>);</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-relievable-charitable-donation" eId="term-relievable-charitable-donation">relievable charitable donation</term>” means a relievable charity donation within the meaning of Chapter 8 of Part 13 of ITA 2007 or Part 21C of CTA 2010;</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-tainted-donation" eId="term-tainted-donation">tainted donation</term>” means a tainted donation within the meaning of Chapter 8 of Part 13 of ITA 2007 or Part 21C of CTA 2010.</p></content></hcontainer></subsection>
<hcontainer xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" name="definition"><intro><p>“<term refersTo="#term-financial-institution" eId="term-financial-institution">financial institution</term>” means—</p></intro><level class="para1"><num>(a)</num><content><p>a financial institution under the CRS other than one which is such an institution only because it is an investment entity within section 8(A)(6)(b) of the CRS;</p></content></level><level class="para1"><num>(b)</num><content><p>a person who issues credit cards;</p></content></level></hcontainer>
<hcontainer xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" name="definition"><content><p>“<term refersTo="#term-relievable-charitable-donation" eId="term-relievable-charitable-donation">relievable charitable donation</term>” means a relievable charity donation within the meaning of Chapter 8 of Part 13 of ITA 2007 or Part 21C of CTA 2010;</p></content></hcontainer>
<hcontainer xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:default="http://www.w3.org/1999/xhtml" name="crossheading" ukl:Name="Pblock" eId="part-1-crossheading-miscellaneous"><heading>Miscellaneous</heading><section eId="section-57"><num>57</num><heading>Winter fuel payment charge</heading><content><p>Schedule <ref href="#schedule-10">10</ref> contains provision for and in connection with a winter fuel payment charge.</p></content></section><section eId="section-58"><num>58</num><heading>Carried interest</heading><subsection eId="section-58-1"><num>(1)</num><content><p>ITTOIA 2005 is amended in accordance with subsections <ref href="#section-58-2">(2)</ref> to <ref href="#section-58-4">(4)</ref>.</p></content></subsection><subsection eId="section-58-2"><num>(2)</num><content><p><mod>After section 23H (double taxation) insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><hcontainer name="crossheading" ukl:Name="Pblock"><heading>Carried interest</heading><section eId="d28e10663"><num>23I</num><heading>Tax treatment of carried interest</heading><subsection eId="d28e10667"><num>(1)</num><intro><p>This section applies where—</p></intro><level class="para1" eId="d28e10673"><num>(a)</num><content><p>an individual performs investment management services in any tax year directly or indirectly in respect of an investment scheme under any arrangements, and</p></content></level><level class="para1" eId="d28e10679"><num>(b)</num><content><p>under the arrangements, one or more sums of carried interest arise to the individual from an investment scheme in a tax year.</p></content></level></subsection><subsection eId="d28e10685"><num>(2)</num><intro><p>For income tax purposes—</p></intro><level class="para1"><num>(a)</num><content><p>the individual is treated as carrying on a trade, by virtue of the arrangements, for the tax year referred to in <ref href="#d28e10667">subsection (1)</ref><ref href="#d28e10679">(b)</ref>,</p></content></level><level class="para1" eId="d28e10702"><num>(b)</num><content><p>the amount to be treated as the profits of the trade for that tax year is the sum of the non-qualifying profits of the trade and 72.5% of the qualifying profits of the trade (see <ref href="#d28e10717">subsection (3)</ref>), and</p></content></level><level class="para1"><num>(c)</num><content><p>the individual is treated as the person receiving or entitled to those profits.</p></content></level></subsection><subsection eId="d28e10717"><num>(3)</num><intro><p>In <ref href="#d28e10685">subsection (2)</ref><ref href="#d28e10702">(b)</ref>—</p></intro><level class="para1" eId="d28e10728"><num>(a)</num><intro><p>the amount of the non-qualifying profits of the trade is—</p></intro><level class="para2"><num>(i)</num><content><p>the total amount of carried interest arising to the individual from any investment scheme in the tax year under the arrangements that is not qualifying carried interest, minus</p></content></level><level class="para2"><num>(ii)</num><content><p>the proportion of any permitted deduction for the tax year (see section <ref href="#d28e11277">23N</ref>) that is the same as the proportion of the total amount of carried interest that is not qualifying carried interest;</p></content></level></level><level class="para1" eId="d28e10749"><num>(b)</num><intro><p>the amount of the qualifying profits of the trade is—</p></intro><level class="para2"><num>(i)</num><content><p>the total amount of qualifying carried interest arising to the individual from any investment scheme in the tax year under the arrangements, minus</p></content></level><level class="para2"><num>(ii)</num><content><p>the proportion of any permitted deduction for the tax year that is the same as the proportion of the total amount of carried interest that is qualifying carried interest.</p></content></level></level></subsection><subsection><num>(4)</num><intro><p>In <ref href="#d28e63902">Schedule A1</ref>—</p></intro><level class="para1"><num>(a)</num><content><p><ref href="#d28e63911">Part 1</ref> explains what it means for a sum arising to an individual from an investment scheme under arrangements to be “<term refersTo="#term-carried-interest">carried interest</term>” for the purposes of this group of sections and that Schedule;</p></content></level><level class="para1"><num>(b)</num><content><p><ref href="#d28e64460">Part 2</ref> sets out certain circumstances in which a sum arising to another person is treated as arising to the individual;</p></content></level><level class="para1"><num>(c)</num><content><p><ref href="#d28e65102">Part 3</ref> sets out how to determine the extent to which carried interest arising to an individual from an investment scheme is qualifying carried interest;</p></content></level><level class="para1"><num>(d)</num><content><p><ref href="#d28e68329">Part 4</ref> allows for an election to be made to treat carried interest as arising at an earlier time.</p></content></level></subsection><subsection><num>(5)</num><intro><p>A sum of carried interest arising to an individual from an investment scheme in a tax year is to be treated for the purposes of this section as not being a sum of carried interest to the extent that—</p></intro><level class="para1"><num>(a)</num><content><p>it is chargeable to income tax on the individual by virtue of section 62 (earnings) or Part 7 of ITEPA 2003 (employment income relating to securities) in the tax year, or</p></content></level><level class="para1"><num>(b)</num><content><p>an election made under <ref href="#d28e10835">section 23J</ref> that has effect for the tax year applies in relation to the sum.</p></content></level></subsection></section><section eId="d28e10835"><num>23J</num><heading>Election to disapply section 23I</heading><subsection><num>(1)</num><content><p>An individual who performs investment management services directly or indirectly in respect of an investment scheme under arrangements mentioned in <ref href="#d28e10663">section 23I</ref><ref href="#d28e10667">(1)</ref><ref href="#d28e10673">(a)</ref> may make an election under this section.</p></content></subsection><subsection><num>(2)</num><content><p>Where an election made under this section has effect for a tax year, the election applies in relation to a sum of carried interest arising to the individual under the arrangements in the tax year to the extent that the carried interest would, ignoring this group of sections, be brought into account in calculating the profits of a trade of the individual for the purposes of income tax for any tax year.</p></content></subsection><subsection><num>(3)</num><intro><p>An election made under this section—</p></intro><level class="para1"><num>(a)</num><content><p>must be made by notice given to an officer of Revenue and Customs, and</p></content></level><level class="para1"><num>(b)</num><content><p>may not be revoked.</p></content></level></subsection><subsection><num>(4)</num><intro><p>A notice making an election—</p></intro><level class="para1"><num>(a)</num><content><p>must state the tax year for which it is to have effect, and</p></content></level><level class="para1"><num>(b)</num><content><p>may not be given after 31 January following the end of that tax year.</p></content></level></subsection></section><section eId="d28e10900"><num>23K</num><heading>Location of trade treated as carried on under <ref href="#d28e10663">section 23I</ref> etc</heading><subsection><num>(1)</num><intro><p>An individual who is treated as carrying on a trade for a tax year under <ref href="#d28e10663">section 23I</ref> is treated as carrying on the trade—</p></intro><level class="para1"><num>(a)</num><content><p>wholly in the United Kingdom, if all of the applicable workdays are UK workdays;</p></content></level><level class="para1"><num>(b)</num><content><p>wholly outside the United Kingdom, if all of the applicable workdays are not UK workdays;</p></content></level><level class="para1"><num>(c)</num><content><p>otherwise, partly in the United Kingdom and partly outside the United Kingdom.</p></content></level></subsection><subsection eId="d28e10931"><num>(2)</num><content><p>Where the trade is treated as carried on partly in the United Kingdom and partly outside the United Kingdom, the amount to be treated as the profits arising from the part of the trade treated as carried on in the United Kingdom is the sum of the non-qualifying profits of that part of the trade and 72.5% of the qualifying profits of that part of the trade.</p></content></subsection><subsection eId="d28e10937"><num>(3)</num><intro><p>In <ref href="#d28e10931">subsection (2)</ref>—</p></intro><level class="para1" eId="d28e10946"><num>(a)</num><content><p>the amount of the non-qualifying profits of the part of the trade treated as carried on in the United Kingdom is the proportion of the non-qualifying profits of the trade (determined in accordance with <ref href="#d28e10663">section 23I</ref><ref href="#d28e10717">(3)</ref><ref href="#d28e10728">(a)</ref>) that is the same as the proportion of the applicable workdays that are UK workdays (but see <ref href="#d28e10978">subsection (4)</ref>);</p></content></level><level class="para1" eId="d28e10962"><num>(b)</num><content><p>the amount of the qualifying profits of the part of the trade treated as carried on in the United Kingdom is the proportion of the qualifying profits of the trade (determined in accordance with <ref href="#d28e10663">section 23I</ref><ref href="#d28e10717">(3)</ref><ref href="#d28e10749">(b)</ref>) that is the same as the proportion of the applicable workdays that are UK workdays (but see <ref href="#d28e11003">subsection (5)</ref>).</p></content></level></subsection><subsection eId="d28e10978"><num>(4)</num><intro><p>For the purposes of <ref href="#d28e10937">subsection (3)</ref><ref href="#d28e10946">(a)</ref> in a case where—</p></intro><level class="para1"><num>(a)</num><content><p>the individual is a non-UK resident for the tax year, and</p></content></level><level class="para1"><num>(b)</num><content><p>any of the non-qualifying profits of the trade are anticipated qualifying profits,</p></content></level><wrapUp><p>any UK workday in a non-UK tax year is not to be treated as a UK workday (but remains an applicable workday) for the purposes of determining the proportion of the anticipated qualifying profits that is an amount of non-qualifying profits of the part of the trade treated as carried on in the United Kingdom.</p></wrapUp></subsection><subsection eId="d28e11003"><num>(5)</num><intro><p>For the purposes of <ref href="#d28e10937">subsection (3)</ref><ref href="#d28e10962">(b)</ref> in a case where the individual is a non-UK resident for the tax year, the following days are not to be treated as UK workdays (but remain applicable workdays)—</p></intro><level class="para1"><num>(a)</num><content><p>any UK workday prior to 30 October 2024;</p></content></level><level class="para1"><num>(b)</num><content><p>any UK workday in a non-UK tax year;</p></content></level><level class="para1"><num>(c)</num><content><p>any UK workday prior to a period of 3 or more non-UK tax years.</p></content></level></subsection><subsection eId="d28e11032"><num>(6)</num><intro><p>For the purposes of this section—</p></intro><level class="para1"><num>(a)</num><content><p>a day is an “applicable workday” if it is a day in the relevant period on which the individual performs any investment management services directly or indirectly in respect of an investment scheme (whether or not under the arrangements mentioned in <ref href="#d28e10663">section 23I</ref><ref href="#d28e10667">(1)</ref><ref href="#d28e10673">(a)</ref>);</p></content></level><level class="para1"><num>(b)</num><content><p>a day is a “UK workday” if it is a day in the relevant period on which the individual spends more than 3 hours performing any investment management services directly or indirectly in respect of an investment scheme (whether or not under those arrangements) in the United Kingdom;</p></content></level><level class="para1"><num>(c)</num><content><p>a year is a “non-UK tax year” if the individual is a non-UK resident for the tax year and there are fewer than 60 UK workdays in the year;</p></content></level><level class="para1"><num>(d)</num><content><p>non-qualifying profits are “anticipated qualifying profits” if, on the first UK workday in the relevant period, it was reasonable to assume that they would be qualifying profits.</p></content></level></subsection><subsection><num>(7)</num><intro><p>For the purposes of <ref href="#d28e11032">subsection (6)</ref> the “relevant period” is the period—</p></intro><level class="para1"><num>(a)</num><intro><p>beginning with the later of—</p></intro><level class="para2"><num>(i)</num><content><p>the day on which the first external investor was admitted to any scheme from which the individual is entitled to carried interest under the arrangements mentioned in <ref href="#d28e10663">section 23I</ref><ref href="#d28e10667">(1)</ref><ref href="#d28e10673">(a)</ref>, and</p></content></level><level class="para2"><num>(ii)</num><content><p>the first day on which the individual performs any investment management services directly or indirectly in respect of an investment scheme under the arrangements;</p></content></level></level><level class="para1"><num>(b)</num><intro><p>ending with the earlier of—</p></intro><level class="para2"><num>(i)</num><content><p>the last day in the tax year for which the individual was treated as carrying on the trade under <ref href="#d28e10663">section 23I</ref> on which a sum of carried interest arose to the individual from an investment scheme under the arrangements for the purposes of that section, and</p></content></level><level class="para2"><num>(ii)</num><content><p>the last day on which the individual performed any investment management services directly or indirectly in respect of an investment scheme under the arrangements.</p></content></level></level></subsection><subsection><num>(8)</num><intro><p>For the purposes of <ref href="#d28e11032">subsection (6)</ref>—</p></intro><level class="para1"><num>(a)</num><content><p>investment management services performed by an individual in the course of travelling to or from the United Kingdom by air or sea or via a tunnel under the sea are assumed to be performed overseas even during the part of the journey in or over the United Kingdom, and</p></content></level><level class="para1"><num>(b)</num><intro><p>travelling to or from the United Kingdom is taken to—</p></intro><level class="para2"><num>(i)</num><content><p>begin when the individual boards the aircraft, ship or train that is bound for a destination in the United Kingdom or (as the case may be) overseas, and</p></content></level><level class="para2"><num>(ii)</num><content><p>end when the individual disembarks from that aircraft, ship or train.</p></content></level></level></subsection></section><section><num>23L</num><heading>Carried interest arising where individual deceased</heading><subsection><num>(1)</num><intro><p>This section applies where—</p></intro><level class="para1"><num>(a)</num><content><p>the individual referred to in <ref href="#d28e10663">section 23I</ref><ref href="#d28e10667">(1)</ref><ref href="#d28e10673">(a)</ref>has died, and</p></content></level><level class="para1"><num>(b)</num><content><p>as a result, one or more sums that would have been sums of carried interest arising to the individual from an investment scheme under the arrangements arise instead to another person in a tax year.</p></content></level></subsection><subsection><num>(2)</num><intro><p>For the purposes of sections <ref href="#d28e10663">23I</ref> and <ref href="#d28e10900">23K</ref>—</p></intro><level class="para1"><num>(a)</num><content><p>the sums are treated as if they had arisen to the individual in the tax year in which they arose to the other person,</p></content></level><level class="para1"><num>(b)</num><content><p>the other person is treated as carrying on the trade under <ref href="#d28e10663">section 23I</ref> for that tax year (instead of the individual), and</p></content></level><level class="para1"><num>(c)</num><content><p>the other person is treated as the person receiving or entitled to the profits of that trade.</p></content></level></subsection></section><section eId="d28e11225"><num>23M</num><heading>Temporary non-UK residents: tax treatment of accrued carried interest gains</heading><subsection><num>(1)</num><content><p>This section applies where, on the disposal of an asset by an individual who was temporarily non-resident in tax year 2025-26 or earlier, a gain accrued to the individual in the temporary period of non-residence under section 103KA(2) or (3) of TCGA 1992 (as it then had effect).</p></content></subsection><subsection><num>(2)</num><intro><p>For income tax purposes—</p></intro><level class="para1"><num>(a)</num><content><p>the individual is treated as carrying on a trade for the period of return,</p></content></level><level class="para1"><num>(b)</num><content><p>the amount to be treated as the profits of the trade for the period of return is 72.5% of the amount of the gain which accrued to the individual in the temporary period of non-residence, and</p></content></level><level class="para1"><num>(c)</num><content><p>the individual is treated as the person receiving or entitled to those profits.</p></content></level></subsection><subsection><num>(3)</num><content><p>For the purposes of this section, “<term refersTo="#term-the-period-of-return">the period of return</term>”, “<term refersTo="#term-temporarily-non-resident">temporarily non-resident</term>” and “<term refersTo="#term-the-temporary-period-of-non-residence">the temporary period of non-residence</term>” have the meanings given by Part 4 of Schedule 45 to FA 2013 (statutory residence test: anti-avoidance).</p></content></subsection></section><section eId="d28e11277"><num>23N</num><heading>Permitted deduction etc</heading><subsection eId="d28e11281"><num>(1)</num><intro><p>For the purpose of <ref href="#d28e10663">section 23I</ref> the amount of any “permitted deduction” for a tax year is—</p></intro><level class="para1"><num>(a)</num><content><p>the amount of any consideration given by or on behalf of the individual wholly and exclusively for the entitlement to carried interest under the arrangements referred to in <ref href="#d28e10663">section 23I</ref><ref href="#d28e10667">(1)</ref><ref href="#d28e10673">(a)</ref>, minus</p></content></level><level class="para1"><num>(b)</num><content><p>the amount of any such consideration deducted in calculating the profits of a trade that the individual is treated as carrying on under <ref href="#d28e10663">section 23I</ref> for an earlier tax year by virtue of those arrangements.</p></content></level></subsection><subsection><num>(2)</num><content><p>In <ref href="#d28e11281">subsection (1)</ref>, “<term refersTo="#term-consideration">consideration</term>” means consideration in money or money’s worth but does not include the performance of any investment management services directly or indirectly in respect of an investment scheme.</p></content></subsection><subsection><num>(3)</num><content><p>For the purposes of this Act no other deduction may be made from the amount treated as the profits of the trade under <ref href="#d28e10663">section 23I</ref>.</p></content></subsection></section><section><num>23P</num><heading>Carried interest: anti-avoidance</heading><subsection><num>(1)</num><intro><p>In determining whether section <ref href="#d28e10663">23I</ref> applies in relation to an individual, no regard is to be had to any arrangements the main purpose, or one of the main purposes, of which is to secure that that section does not to any extent apply in relation to—</p></intro><level class="para1"><num>(a)</num><content><p>the individual, or</p></content></level><level class="para1"><num>(b)</num><content><p>the individual and one or more other individuals.</p></content></level></subsection><subsection><num>(2)</num><content><p>In determining whether an individual falls within <ref href="#d28e10673">paragraph (a)</ref> of <ref href="#d28e10663">section 23I</ref><ref href="#d28e10667">(1)</ref>, no regard is to be had to any arrangements the main purpose, or one of the main purposes, of which is to secure that the individual falls within that paragraph.</p></content></subsection></section><section eId="d28e11378"><num>23Q</num><heading>Carried interest: avoidance of double taxation</heading><subsection><num>(1)</num><intro><p>Subsection <ref href="#d28e11410">(2)</ref> applies where—</p></intro><level class="para1"><num>(a)</num><content><p>an individual performs investment management services directly or indirectly in respect of an investment scheme under arrangements mentioned in <ref href="#d28e10663">section 23I</ref><ref href="#d28e10667">(1)</ref><ref href="#d28e10673">(a)</ref>, and</p></content></level><level class="para1"><num>(b)</num><content><p>the individual is entitled to carried interest under the arrangements.</p></content></level></subsection><subsection eId="d28e11410"><num>(2)</num><intro><p>No income tax is chargeable on the individual by virtue of the individual’s entitlement to carried interest other than—</p></intro><level class="para1"><num>(a)</num><intro><p>income tax chargeable in respect of carried interest arising to the individual under the arrangements—</p></intro><level class="para2"><num>(i)</num><content><p>by virtue of <ref href="#d28e10663">section 23I</ref> or <ref href="#d28e11225">23M</ref>,</p></content></level><level class="para2"><num>(ii)</num><content><p>by virtue of section 62 (earnings) or Part 7 of ITEPA 2003 (employment income relating to securities), or</p></content></level><level class="para2"><num>(iii)</num><content><p>where an election made under <ref href="#d28e10835">section 23J</ref> has effect for a tax year, otherwise under this Part, or</p></content></level></level><level class="para1"><num>(b)</num><intro><p>income tax chargeable in respect of—</p></intro><level class="para2"><num>(i)</num><content><p>the award of the entitlement to carried interest to the individual, or</p></content></level><level class="para2"><num>(ii)</num><content><p>the individual’s acquisition of the entitlement to carried interest,</p></content></level><wrapUp><p>whether by virtue of section 62 (earnings) or Part 7 of ITEPA 2003 (employment income relating to securities) or otherwise.</p></wrapUp></level></subsection><subsection eId="d28e11469"><num>(3)</num><intro><p>Subsection <ref href="#d28e11513">(4)</ref> applies where—</p></intro><level class="para1" eId="d28e11478"><num>(a)</num><content><p>an individual is chargeable to income tax and national insurance contributions by virtue of section <ref href="#d28e10663">23I</ref> or <ref href="#d28e11225">23M</ref> in respect of a sum of carried interest arising to the individual from an investment scheme, and</p></content></level><level class="para1" eId="d28e11490"><num>(b)</num><intro><p>at any time any other UK tax or national insurance contributions charged on any person—</p></intro><level class="para2"><num>(i)</num><content><p>in relation to the sum mentioned in <ref href="#d28e11478">paragraph (a)</ref>, or</p></content></level><level class="para2"><num>(ii)</num><content><p>or in respect of any person’s entitlement to that sum,</p></content></level><wrapUp><p>has or have been paid and not repaid.</p></wrapUp></level></subsection><subsection eId="d28e11513"><num>(4)</num><content><p>The individual may make a claim for one or more consequential adjustments to be made in respect of the profits chargeable by virtue of section <ref href="#d28e10663">23I</ref> or <ref href="#d28e11225">23M</ref> to take account of the amounts paid as mentioned in <ref href="#d28e11469">subsection (3)</ref><ref href="#d28e11490">(b)</ref>.</p></content></subsection><subsection><num>(5)</num><content><p>On a claim under this section an officer of Revenue and Customs must make such of the consequential adjustments claimed (if any) as are just and reasonable.</p></content></subsection><subsection><num>(6)</num><intro><p>Consequential adjustments in respect of the profits chargeable by virtue of section <ref href="#d28e10663">23I</ref> or <ref href="#d28e11225">23M</ref> must not have the effect that—</p></intro><level class="para1"><num>(a)</num><intro><p>the total of—</p></intro><level class="para2"><num>(i)</num><content><p>the amount of income tax and national insurance contributions charged on the adjusted profits by virtue of section <ref href="#d28e10663">23I</ref> or <ref href="#d28e11225">23M</ref>, and</p></content></level><level class="para2"><num>(ii)</num><content><p>any amounts paid as mentioned in <ref href="#d28e11469">subsection (3)</ref><ref href="#d28e11490">(b)</ref>, is less than</p></content></level></level><level class="para1"><num>(b)</num><content><p>the amount of income tax and national insurance contributions to which the individual was chargeable by virtue of section <ref href="#d28e10663">23I</ref> or <ref href="#d28e11225">23M</ref> in respect of the sum of carried interest before the making of any consequential adjustments.</p></content></level></subsection><subsection><num>(7)</num><intro><p>Consequential adjustments may be made—</p></intro><level class="para1"><num>(a)</num><content><p>in respect of any period,</p></content></level><level class="para1"><num>(b)</num><content><p>by way of an assessment, the modification of an assessment, the amendment of a claim, or otherwise, and</p></content></level><level class="para1"><num>(c)</num><content><p>despite any time limit imposed by or under an enactment.</p></content></level></subsection><subsection><num>(8)</num><content><p>In this section “<term refersTo="#term-uk-tax">UK tax</term>” means income tax, corporation tax, capital gains tax or inheritance tax.</p></content></subsection><subsection><num>(9)</num><content><p>For the purposes of section 9(2) of TIOPA 2010 (unilateral entitlement to credit for non-UK tax corresponding to capital gains tax), in a case where the capital gain mentioned in subsection (2)(b) of that section accrued on a sum of carried interest arising to an individual, the reference to capital gains tax calculated by reference to that gain is to be read as if it were a reference to income tax chargeable under section <ref href="#d28e10663">23I</ref> in respect of the sum of carried interest.</p></content></subsection></section><section eId="d28e11634"><num>23R</num><heading>Definitions</heading><subsection><num>(1)</num><intro><p>In this section, this group of sections and <ref href="#d28e63902">Schedule A1</ref>—</p></intro><hcontainer name="definition"><intro><p>“<term refersTo="#term-aif">AIF</term>” has the meaning given by regulation 3 of the Alternative Investment Fund Managers Regulations 2013 and includes—</p></intro><level class="para1"><num>(a)</num><content><p>arrangements which permit an external investor to participate in investments acquired by the AIF without participating in the AIF itself, and</p></content></level><level class="para1"><num>(b)</num><content><p>arrangements under which sums arise to an individual performing investment management services in respect of the AIF without those sums arising from the AIF itself;</p></content></level></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-arrangements">arrangements</term>” includes any agreement, understanding, scheme, transaction or series of transactions (whether or not legally enforceable);</p></content></hcontainer><hcontainer name="definition"><intro><p>“<term refersTo="#term-collective-investment-scheme">collective investment scheme</term>” has the meaning given by section 235 of FISMA 2000 and includes—</p></intro><level class="para1"><num>(a)</num><content><p>arrangements which permit an external investor to participate in investments acquired by the collective investment scheme without participating in the scheme itself, and</p></content></level><level class="para1"><num>(b)</num><content><p>arrangements under which sums arise to an individual performing investment management services in respect of the collective investment scheme without those sums arising from the scheme itself;</p></content></level></hcontainer><hcontainer name="definition"><intro><p>“<term refersTo="#term-external-investor">external investor</term>”, in relation to an investment scheme and any arrangements, means a participant in the scheme other than—</p></intro><level class="para1"><num>(a)</num><content><p>an individual who at any time performs or is to perform investment management services directly or indirectly in respect of the scheme, or</p></content></level><level class="para1"><num>(b)</num><content><p>a person through whom sums are to, or may, arise directly or indirectly to such an individual from the scheme under the arrangements;</p></content></level></hcontainer><hcontainer name="definition"><intro><p>“<term refersTo="#term-investment-management-services">investment management services</term>”, in relation to an investment scheme, includes—</p></intro><level class="para1"><num>(a)</num><content><p>the provision of investment advice,</p></content></level><level class="para1"><num>(b)</num><content><p>seeking funds for the purposes of the scheme from participants or potential participants,</p></content></level><level class="para1"><num>(c)</num><content><p>researching potential investments to be made for the purposes of the scheme,</p></content></level><level class="para1"><num>(d)</num><content><p>acquiring, managing or disposing of property for the purposes of the scheme,</p></content></level><level class="para1"><num>(e)</num><content><p>acting for the purposes of the scheme with a view to assisting a body in which the scheme has made an investment to raise funds, and</p></content></level><level class="para1"><num>(f)</num><content><p>any activity incidental or ancillary to any activity mentioned in paragraphs <ref href="#d28e11711">(a)</ref> to <ref href="#d28e11727">(e)</ref>;</p></content></level></hcontainer><hcontainer name="definition"><intro><p>“<term refersTo="#term-investment-scheme">investment scheme</term>” means—</p></intro><level class="para1"><num>(a)</num><content><p>a collective investment scheme, or</p></content></level><level class="para1"><num>(b)</num><content><p>an AIF, or any part of an AIF, that is not a collective investment scheme;</p></content></level></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-participant">participant</term>”, in relation to an investment scheme, means a person taking part in the scheme, whether by becoming the owner of, or of any part of, the property that is the subject of the scheme or otherwise;</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-sum">sum</term>” includes any money or money's worth (and other expressions are to be construed accordingly);</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-this-group-of-sections">this group of sections</term>” means sections <ref href="#d28e10663">23I</ref> to <ref href="#d28e11378">23Q</ref>.</p></content></hcontainer></subsection><subsection><num>(2)</num><intro><p>For the purposes of <ref href="#d28e10900">section 23K</ref> and <ref href="#d28e63902">Schedule A1</ref>, in determining what it is reasonable to assume in relation to an investment scheme, regard is to be had to all the circumstances including in particular any prospectus or other document which—</p></intro><level class="para1"><num>(a)</num><content><p>is made available to external investors in the investment scheme, and</p></content></level><level class="para1"><num>(b)</num><content><p>on which external investors may reasonably be supposed to have relied or been able to rely.</p></content></level></subsection></section></hcontainer></quotedStructure></mod></p></content></subsection><subsection eId="section-58-3"><num>(3)</num><content><p><mod>In section 7 (income charged), in subsection (1), after “section 23E(1)” insert <quotedText>“, <ref href="#d28e10663">section 23I</ref> or <ref href="#d28e11225">section 23M</ref>”</quotedText>.</mod></p></content></subsection><subsection eId="section-58-4"><num>(4)</num><intro><p>In section 845H (qualifying foreign income)—</p></intro><level class="para1" eId="section-58-4-a"><num>(a)</num><content><p><mod>in row 1 of the table at the end insert <quotedText>“other than profits of such a trade treated as carried on under <ref href="#d28e10663">section 23I</ref>”</quotedText>;</mod></p></content></level><level class="para1" eId="section-58-4-b"><num>(b)</num><content><p><mod>after row 1 of the table insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><tblock class="table" ukl:Orientation="portrait"><foreign><default:table xmlns="http://www.w3.org/1999/xhtml"><default:colgroup><default:col span="1" style="width:10%"/><default:col span="1" style="width:90%"/></default:colgroup><default:tbody><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">1A</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">72.5% of the amount of the qualifying profits (within the meaning of <ref href="#d28e10663">section 23I</ref>) of a trade treated as carried on under <ref href="#d28e10663">section 23I</ref> that do not arise from the part of a trade treated as carried on in the United Kingdom (see <ref href="#d28e10900">section 23K</ref>).
</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">1B</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">The foreign pre-arrival proportion of the non-qualifying profits (within the meaning of section 23I) of a trade treated as carried on under <ref href="#d28e10663">section 23I</ref>.</p><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">The foreign pre-arrival proportion is the proportion of the applicable workdays (within the meaning of <ref href="#d28e10900">section 23K</ref>) that fall within the pre-arrival period and are not UK workdays (within the meaning of <ref href="#d28e10900">section 23K</ref>).</p><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">The pre-arrival period is the period ending immediately before the individual became a qualifying new resident that consists only of tax years for which the individual was non-UK resident.</p></default:td></default:tr></default:tbody></default:table></foreign></tblock></quotedStructure></mod></p></content></level></subsection><subsection eId="section-58-5"><num>(5)</num><intro><p>In <ref href="#schedule-11">Schedule 11</ref>—</p></intro><level class="para1" eId="section-58-5-a"><num>(a)</num><content><p>Part 1 inserts Schedule A1 to ITTOIA 2005 (Carried interest: interpretation etc.);</p></content></level><level class="para1" eId="section-58-5-b"><num>(b)</num><content><p>Part 2 contains consequential and connected amendments.</p></content></level></subsection><subsection eId="section-58-6"><num>(6)</num><content><p>The amendments made by this section and that Schedule have effect for the tax year 2026-27 and subsequent tax years (but in relation to investment management services whenever performed).</p></content></subsection></section><section eId="section-59"><num>59</num><heading>Pensions: abolition of the lifetime allowance charge</heading><subsection eId="section-59-1"><num>(1)</num><content><p>Paragraph 134 of Schedule 9 to FA 2024 (power to make further provision in connection with the abolition of the lifetime allowance charge) is amended as follows.</p></content></subsection><subsection eId="section-59-2"><num>(2)</num><intro><p>In sub-paragraph (2)—</p></intro><level class="para1" eId="section-59-2-a"><num>(a)</num><content><p><mod>for paragraph (b) substitute—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><level class="para1"><num>(b)</num><content><p>have effect for the tax years 2024-25 and 2025-26 (as well as subsequent tax years);</p></content></level></quotedStructure><inline name="appendText">;</inline></mod></p></content></level><level class="para1" eId="section-59-2-b"><num>(b)</num><content><p><mod>in paragraph (d), at the end insert <quotedText><quotedText>“(including any provision that could be made under paragraph 133)”</quotedText></quotedText>.</mod></p></content></level></subsection><subsection eId="section-59-3"><num>(3)</num><content><p>In sub-paragraph (3) omit “that increase any person’s liability to tax”.</p></content></subsection><subsection eId="section-59-4"><num>(4)</num><content><p><mod>In sub-paragraph (4), for <quotedText>“5 April”</quotedText> substitute <quotedText><quotedText>“30 June”</quotedText></quotedText>.</mod></p></content></subsection></section><section eId="section-60"><num>60</num><heading>Collective money purchase schemes and Master Trust schemes</heading><subsection eId="section-60-1"><num>(1)</num><content><p><ref eId="c00090" href="https://www.legislation.gov.uk/ukpga/2004/12/part/4">Part 4</ref> of <ref eId="c00091" href="https://www.legislation.gov.uk/ukpga/2004/12/contents">FA 2004</ref> (pension schemes) is amended in accordance with subsections <ref href="#section-60-2">(2)</ref> to <ref href="#section-60-9">(9)</ref>.</p></content></subsection><subsection eId="section-60-2"><num>(2)</num><intro><p>In <ref eId="c00092" href="https://www.legislation.gov.uk/ukpga/2004/12/section/153">section 153</ref> (registration of pension schemes), in <ref eId="c00093" href="https://www.legislation.gov.uk/ukpga/2004/12/section/153">subsection (5)</ref>—</p></intro><level class="para1" eId="section-60-2-a"><num>(a)</num><content><p>omit the “or” at the end each of paragraphs (f), (g) and (h);</p></content></level><level class="para1" eId="section-60-2-b"><num>(b)</num><content><p><mod> at the end of <ref eId="c00094" href="https://www.legislation.gov.uk/ukpga/2004/12/section/153">paragraph (i)</ref> insert <quotedText startQuote="“">, or</quotedText><quotedStructure endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="default"><level class="para1"><num>(j)</num><content><p>the pension scheme is an unauthorised collective money purchase scheme.</p></content></level></quotedStructure></mod></p></content></level></subsection><subsection eId="section-60-3"><num>(3)</num><intro><p>In <ref eId="c00095" href="https://www.legislation.gov.uk/ukpga/2004/12/section/158">section 158</ref> (grounds for de-registration), in <ref eId="c00096" href="https://www.legislation.gov.uk/ukpga/2004/12/section/158">subsection (1)</ref>—</p></intro><level class="para1" eId="section-60-3-a"><num>(a)</num><content><p>omit the “or” at the end of each of paragraphs (ea), (f) and (g);</p></content></level><level class="para1" eId="section-60-3-b"><num>(b)</num><content><p><mod>in paragraph (h), after “that the” insert <quotedText>“pension”</quotedText>;</mod></p></content></level><level class="para1" eId="section-60-3-c"><num>(c)</num><content><p><mod>at the end of <ref eId="c00097" href="https://www.legislation.gov.uk/ukpga/2004/12/section/158">paragraph (h)</ref> insert <quotedText startQuote="“">, or</quotedText><quotedStructure endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="default"><level class="para1"><num>(i)</num><content><p>that the pension scheme is an unauthorised collective money purchase scheme.</p></content></level></quotedStructure></mod></p></content></level></subsection><subsection eId="section-60-4"><num>(4)</num><content><p><mod>For the italic heading before <ref eId="c00098" href="https://www.legislation.gov.uk/ukpga/2004/12/section/274ZA">section 274ZA</ref> substitute <quotedText>“Master Trust schemes, collective money purchase schemes etc”</quotedText>.</mod></p></content></subsection><subsection eId="section-60-5"><num>(5)</num><content><p><mod>Before <ref eId="c00099" href="https://www.legislation.gov.uk/ukpga/2004/12/section/274ZA">section 274ZA</ref> (but after the italic heading) insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><section eId="d28e12110"><num>274ZZA</num><heading>Master Trust schemes</heading><subsection><num>(1)</num><content><p>In this Part “<term refersTo="#term-master-trust-scheme">Master Trust scheme</term>” means (subject to <ref href="#d28e12129">subsections (2)</ref> to <ref href="#d28e12141">(4)</ref>) a Master Trust scheme within the meaning of PSA 2017 or PSA(NI) 2021.</p></content></subsection><subsection eId="d28e12129"><num>(2)</num><content><p>Any provision of PSA 2017 or PSA(NI) 2021 under which a reference to a Master Trust scheme does not include a section of it that is a collective money purchase scheme (within the meaning of that Act) does not apply for the purposes of subsection (1).</p></content></subsection><subsection><num>(3)</num><content><p>Section 1(2) of PSA 2017 and section 1(2) of PSA(NI) 2021 (which restrict the meaning of “Master Trust scheme” in the case of schemes that provide benefits other than money purchase benefits) do not apply for the purposes of subsection (1).</p></content></subsection><subsection eId="d28e12141"><num>(4)</num><content><p>Where, by virtue of section 40(2) of PSA 2017 or section 40(2) of PSA(NI) 2021, more than one pension scheme is treated as a single Master Trust scheme for the purposes of that Act, each of those pension schemes is a Master Trust scheme for the purposes of this Part.</p></content></subsection><subsection eId="d28e12147"><num>(5)</num><intro><p>For the purposes of this Part a pension scheme is an “unauthorised Master Trust scheme” if—</p></intro><level class="para1"><num>(a)</num><content><p>it is a Master Trust scheme the lawful operation of which, or of any section or part of which, requires authorisation under PSA 2017 or PSA(NI) 2021, or</p></content></level><level class="para1"><num>(b)</num><content><p>it is not a Master Trust scheme but, by virtue of section 40(1)(a) of PSA 2017 or section 40(1)(a) of PSA(NI) 2021, the lawful operation of the pension scheme, or of any section or part of it, requires authorisation under that Act,</p></content></level><wrapUp><p>and such authorisation has not been granted, or has been granted but has been withdrawn.</p></wrapUp></subsection><subsection><num>(6)</num><intro><p>In this section—</p></intro><hcontainer name="definition"><content><p>“<term refersTo="#term-psa-2017">PSA 2017</term>” means the Pension Schemes Act 2017;</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-psa(ni)-2021">PSA(NI) 2021</term>” means the Pension Schemes Act (Northern Ireland) 2021.</p></content></hcontainer></subsection></section><section eId="d28e12191"><num>274ZZB</num><heading>Collective money purchase schemes</heading><subsection eId="d28e12195"><num>(1)</num><content><p>In this Part “<term refersTo="#term-collective-money-purchase-scheme">collective money purchase scheme</term>” means (subject to <ref href="#d28e12207">subsection (2)</ref>) a collective money purchase scheme within the meaning of Part 1 or 2 of the Pension Schemes Act 2021.</p></content></subsection><subsection eId="d28e12207"><num>(2)</num><content><p>A reference in this Part to a collective money purchase scheme is, in relation to a relevant divided pension scheme, a reference to the pension scheme as a whole (and is not a reference to any of its sections considered separately).</p></content></subsection><subsection><num>(3)</num><content><p>In this section “<term refersTo="#term-relevant-divided-pension-scheme">relevant divided pension scheme</term>” means a pension scheme which is divided into sections at least one of which is a collective money purchase scheme under <ref href="#d28e12195">subsection (1)</ref>.</p></content></subsection><subsection eId="d28e12225"><num>(4)</num><intro><p>For the purposes of this Part a pension scheme is an “unauthorised collective money purchase scheme” if—</p></intro><level class="para1"><num>(a)</num><content><p>the lawful operation of the pension scheme, or (in the case of a relevant divided pension scheme) of any section of it, requires authorisation under <ref eId="c00100" href="https://www.legislation.gov.uk/ukpga/2021/1/part/1">Part 1</ref> or <ref eId="c00101" href="https://www.legislation.gov.uk/ukpga/2021/1/part/2">2</ref> of the <ref eId="c00102" href="https://www.legislation.gov.uk/ukpga/2021/1/contents">Pension Schemes Act 2021</ref>, and</p></content></level><level class="para1"><num>(b)</num><content><p>such authorisation has not been granted, or has been granted but has been withdrawn.</p></content></level></subsection></section><section eId="d28e12255"><num>274ZZC</num><heading>Power to make provision about collective money purchase schemes</heading><subsection><num>(1)</num><intro><p>The Commissioners for His Majesty’s Revenue and Customs may by regulations amend or otherwise modify any provision of this Part in its application in relation to—</p></intro><level class="para1"><num>(a)</num><content><p>a collective money purchase scheme, or</p></content></level><level class="para1"><num>(b)</num><content><p>any benefits payable, or arrangements, under such a pension scheme.</p></content></level></subsection><subsection><num>(2)</num><intro><p>Regulations under this section—</p></intro><level class="para1"><num>(a)</num><content><p>may make different provision for different cases;</p></content></level><level class="para1"><num>(b)</num><content><p>may include transitional or saving provision.</p></content></level></subsection></section></quotedStructure></mod></p></content></subsection><subsection eId="section-60-6"><num>(6)</num><intro><p><ref eId="c00103" href="https://www.legislation.gov.uk/ukpga/2004/12/section/274ZA">Section 274ZA</ref> (National Employment Savings Trust and Master Trust schemes) is amended as follows—</p></intro><level class="para1" eId="section-60-6-a"><num>(a)</num><content><p><mod>for the heading substitute <quotedText>“Schemes treated as occupational pension schemes”</quotedText>;</mod></p></content></level><level class="para1" eId="section-60-6-b"><num>(b)</num><content><p><mod>after <ref eId="c00104" href="https://www.legislation.gov.uk/ukpga/2004/12/section/274ZA">subsection (2)</ref> insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><subsection><num>(3)</num><intro><p>This Part applies in relation to a pension scheme that—</p></intro><level class="para1"><num>(a)</num><content><p>is a collective money purchase scheme, and</p></content></level><level class="para1"><num>(b)</num><content><p>is not an occupational pension scheme,</p></content></level><wrapUp><p>as it applies in relation to an occupational pension scheme.</p></wrapUp></subsection></quotedStructure></mod></p></content></level></subsection><subsection eId="section-60-7"><num>(7)</num><content><p>In <ref eId="c00105" href="https://www.legislation.gov.uk/ukpga/2004/12/section/279">section 279</ref> (other definitions), omit <ref eId="c00106" href="https://www.legislation.gov.uk/ukpga/2004/12/section/279">subsections (1B) to (1D)</ref>.</p></content></subsection><subsection eId="section-60-8"><num>(8)</num><intro><p>In <ref eId="c00107" href="https://www.legislation.gov.uk/ukpga/2004/12/section/280">section 280</ref><ref eId="c00108" href="https://www.legislation.gov.uk/ukpga/2004/12/section/280">(2)</ref> (general index), in the table—</p></intro><level class="para1" eId="section-60-8-a"><num>(a)</num><content><p><mod>in the definition of “Master Trust scheme”, for the entry in the second column substitute <quotedText>“<ref href="#d28e12110">section 274ZZA</ref>”</quotedText>;</mod></p></content></level><level class="para1" eId="section-60-8-b"><num>(b)</num><content><p>omit the definition of “unauthorised (in relation to a Master Trust scheme)”;</p></content></level><level class="para1" eId="section-60-8-c"><num>(c)</num><content><p><mod>at the appropriate places insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><tblock class="table" ukl:Orientation="portrait"><foreign><default:table xmlns="http://www.w3.org/1999/xhtml"><default:colgroup><default:col style="width:70%"/><default:col style="width:30%"/></default:colgroup><default:tbody><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">collective money purchase scheme</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0"><ref href="#d28e12191">section 274ZZB</ref></p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">unauthorised collective money purchase scheme</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0"><ref href="#d28e12191">section 274ZZB</ref><ref href="#d28e12225">(4)</ref></p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">unauthorised Master Trust scheme</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0"><ref href="#d28e12110">section 274ZZA</ref><ref href="#d28e12147">(5)</ref></p></default:td></default:tr></default:tbody></default:table></foreign></tblock></quotedStructure><inline name="appendText">.</inline></mod></p></content></level></subsection><subsection eId="section-60-9"><num>(9)</num><content><p><mod>In <ref eId="c00109" href="https://www.legislation.gov.uk/ukpga/2004/12/section/282">section 282</ref> (orders and regulations), after <ref eId="c00110" href="https://www.legislation.gov.uk/ukpga/2004/12/section/282">subsection (1A)</ref> insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><subsection><num>(1B)</num><content><p>No regulations may be made under section <ref href="#d28e12255">274ZZC</ref> (power to make provision about collective money purchase schemes) that increase any person’s liability to tax unless a draft of the statutory instrument containing them has been laid before, and approved by a resolution of, the House of Commons.</p></content></subsection></quotedStructure></mod></p></content></subsection><subsection eId="section-60-10"><num>(10)</num><content><p><mod>In <ref eId="c00111" href="https://www.legislation.gov.uk/ukpga/2018/3/contents">FA 2018</ref>, in <ref eId="c00112" href="https://www.legislation.gov.uk/ukpga/2018/3/schedule/3">Schedule 3</ref> (pension schemes), in <ref eId="c00113" href="https://www.legislation.gov.uk/ukpga/2018/3/schedule/3/paragraph/4">paragraph 4</ref> (Master Trust schemes registered before passing of FA 2018), in <ref eId="c00114" href="https://www.legislation.gov.uk/ukpga/2018/3/schedule/3/paragraph/4">sub-paragraph (2)</ref>, for “Section 274B(2) of FA 2004 (as inserted by paragraph 1(5))” substitute <quotedText>“Section 274ZA(2) of FA 2004”</quotedText>.</mod></p></content></subsection></section><section eId="section-61"><num>61</num><heading>Corporate interest restriction: reporting companies</heading><subsection eId="section-61-1"><num>(1)</num><content><p>Schedule 7A to TIOPA 2010 (interest restriction returns) is amended as follows.</p></content></subsection><subsection eId="section-61-2"><num>(2)</num><content><p><mod>For paragraph 1 (appointment by a worldwide group of a reporting company) substitute—<quotedStructure startQuote="“" endQuote="”" uk:context="schedule" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="schedule" ukl:Format="double"><paragraph class="schProv1"><num>1</num><subparagraph><num>(1)</num><content><p>An interest restriction return for a period of account of a worldwide group is of no effect unless it is submitted to an officer of Revenue and Customs by the reporting company of the group for that period.</p></content></subparagraph><subparagraph><num>(2)</num><content><p>A member of a worldwide group may appoint a company to be the group’s reporting company for a period of account.</p></content></subparagraph><subparagraph><num>(3)</num><intro><p>The appointment is of no effect for the period of account unless—</p></intro><level class="para1"><num>(a)</num><content><p>the company to be appointed as the group’s reporting company for the period is an eligible company for that period, and</p></content></level><level class="para1"><num>(b)</num><content><p>the appointment is authorised by more than half of the eligible companies for that period.</p></content></level></subparagraph><subparagraph><num>(4)</num><intro><p>For this purpose a company is “eligible” if and only if the company—</p></intro><level class="para1"><num>(a)</num><content><p>was a UK group company at a time during the period of account, and</p></content></level><level class="para1"><num>(b)</num><content><p>was not dormant throughout that period.</p></content></level></subparagraph></paragraph></quotedStructure></mod></p></content></subsection><subsection eId="section-61-3"><num>(3)</num><content><p><mod>After that paragraph insert—<quotedStructure startQuote="“" endQuote="”" uk:context="schedule" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="schedule" ukl:Format="double"><hcontainer name="crossheading" class="schGroup7"><heading>Appointment of company where purported return submitted</heading><paragraph eId="d28e12545" class="schProv1"><num>1A</num><subparagraph><num>(1)</num><content><p>This paragraph applies where a company has purported to submit to an officer of Revenue and Customs a return for a period of account of a worldwide group despite the fact it had not been appointed for the period of account at the time at which it purported to submit the return.</p></content></subparagraph><subparagraph><num>(2)</num><content><p>A member of the group may, in accordance with paragraph 1, appoint the company as the group’s reporting company for the period of account.</p></content></subparagraph><subparagraph><num>(3)</num><intro><p>If an appointment is made as mentioned in sub-paragraph (2)—</p></intro><level class="para1"><num>(a)</num><content><p>the company is to be treated for the purposes of this Part of this Act as if it had been appointed under paragraph 1, and</p></content></level><level class="para1"><num>(b)</num><content><p>the appointment is to be treated for the purposes of this Part of this Act as if it had been made at the time immediately before the return (or, if more than one, the first return) for the period of account was submitted.</p></content></level></subparagraph><subparagraph><num>(4)</num><intro><p>But—</p></intro><level class="para1"><num>(a)</num><content><p>sub-paragraph (3) does not apply for the purposes of paragraph <ref href="#d28e12927">11A</ref>, and</p></content></level><level class="para1"><num>(b)</num><content><p>for the purposes of paragraph 6(2), the time of the appointment is taken to be the actual time at which the company was appointed as the group’s reporting company (rather than the time provided for by sub-paragraph (3)(b)).</p></content></level></subparagraph></paragraph></hcontainer></quotedStructure></mod></p></content></subsection><subsection eId="section-61-4"><num>(4)</num><content><p><mod>For paragraph 2 (revocation by worldwide group of appointment under paragraph 1), substitute—<quotedStructure startQuote="“" endQuote="”" uk:context="schedule" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="schedule" ukl:Format="double"><paragraph class="schProv1"><num>2</num><subparagraph><num>(1)</num><content><p>A member of a worldwide group may revoke an appointment previously made under paragraph 1 in relation to a period of account.</p></content></subparagraph><subparagraph><num>(2)</num><content><p>The revocation is of no effect for the period of account unless it is authorised by more than half of the eligible companies for that period.</p></content></subparagraph><subparagraph><num>(3)</num><intro><p>For this purpose a company is “eligible” if and only if the company—</p></intro><level class="para1"><num>(a)</num><content><p>was a UK group company at a time during the period of account, and</p></content></level><level class="para1"><num>(b)</num><content><p>was not dormant throughout that period.</p></content></level></subparagraph><subparagraph><num>(4)</num><content><p>The revocation of an appointment does not prevent the making of a further appointment under paragraph 1 (whether at the same time as the revocation, or later).</p></content></subparagraph></paragraph></quotedStructure></mod></p></content></subsection><subsection eId="section-61-5"><num>(5)</num><intro><p>In paragraph 4 (appointment of reporting company by Revenue and Customs)—</p></intro><level class="para1" eId="section-61-5-a"><num>(a)</num><content><p><mod>for sub-paragraph (1) substitute—<quotedStructure startQuote="“" endQuote="”" uk:context="schedule" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="schedule" ukl:Format="double"><subparagraph><num>(1)</num><content><p>This paragraph applies where no interest restriction return in relation to a period of account of a worldwide group (“the relevant period of account”) has been submitted to an officer of Revenue and Customs before the end of the period of 18 months beginning with the end of the relevant period of account.</p></content></subparagraph></quotedStructure><inline name="appendText">,</inline></mod></p></content></level><level class="para1" eId="section-61-5-b"><num>(b)</num><content><p><mod>in sub-paragraph (4), at the end insert <quotedText>“and supersedes any appointment of a reporting company in relation to that period made under paragraph 1”</quotedText>,</mod></p></content></level><level class="para1" eId="section-61-5-c"><num>(c)</num><content><p><mod>in sub-paragraph (5), after paragraph (b) insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><p>But the time limits provided by paragraph (a) or (b) do not apply where sub-paragraph (6A) applies.</p></quotedStructure><inline name="appendText">, and</inline></mod></p></content></level><level class="para1" eId="section-61-5-d"><num>(d)</num><content><p><mod>after sub-paragraph (6) insert—<quotedStructure startQuote="“" endQuote="”" uk:context="schedule" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="schedule" ukl:Format="double"><subparagraph><num>(6A)</num><intro><p>If—</p></intro><level class="para1"><num>(a)</num><content><p>a company has purported to submit to an officer of Revenue and Customs a return for the relevant period of account despite the fact it had not been appointed for that period at the time at which it purported to submit the return, and</p></content></level><level class="para1"><num>(b)</num><content><p>no appointment of the company as the group’s reporting company for that period has been made by a member of the group in reliance on paragraph <ref href="#d28e12545">1A</ref>,</p></content></level><wrapUp><p>an officer of Revenue and Customs may, by notice to the company, appoint it to be the group’s reporting company for that period, and sub-paragraphs (3) and (4) apply in relation to that notice and appointment.</p></wrapUp></subparagraph><subparagraph><num>(6B)</num><content><p>The company is to be treated for the purposes of this Part of this Act as if it had been appointed immediately before it submitted the return (or, if more than one, the first return) for the relevant period of account.</p></content></subparagraph><subparagraph><num>(6C)</num><intro><p>But—</p></intro><level class="para1"><num>(a)</num><content><p>sub-paragraph (6B) does not apply for the purposes of paragraph <ref href="#d28e12927">11A</ref>, and</p></content></level><level class="para1"><num>(b)</num><content><p>for the purposes of paragraph 6(2), the time of the appointment is taken to be the actual time at which the company was appointed as the group’s reporting company (rather than the time provided for by sub-paragraph (6B)).</p></content></level></subparagraph></quotedStructure></mod></p></content></level></subsection><subsection eId="section-61-6"><num>(6)</num><content><p>In paragraph 5 (appointment by officer of Revenue and Customs of replacement reporting company), in sub-paragraph (6)(a), omit sub-paragraph (ii) and the “and” before that sub-paragraph.</p></content></subsection><subsection eId="section-61-7"><num>(7)</num><intro><p>In paragraph 6 (obligation of reporting company to notify group members of its status)—</p></intro><level class="para1" eId="section-61-7-a"><num>(a)</num><content><p><mod>in sub-paragraph (2), for “the relevant time” substitute <quotedText>“the appointment is made”</quotedText>, and</mod></p></content></level><level class="para1" eId="section-61-7-b"><num>(b)</num><content><p>omit sub-paragraphs (3) and (4).</p></content></level></subsection><subsection eId="section-61-8"><num>(8)</num><intro><p>In paragraph 7 (obligation of reporting company to submit interest restriction return)—</p></intro><level class="para1" eId="section-61-8-a"><num>(a)</num><content><p><mod>for sub-paragraphs (1) to (3) substitute—<quotedStructure startQuote="“" endQuote="”" uk:context="schedule" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="schedule" ukl:Format="double"><subparagraph><num>(1)</num><content><p>A reporting company appointed under paragraph 1 in relation to a period of account may submit a return for that period to an officer of Revenue and Customs.</p></content></subparagraph><subparagraph><num>(2)</num><content><p>A reporting company appointed under paragraph 4 in relation to a period of account must submit a return for that period to an officer of Revenue and Customs.</p></content></subparagraph><subparagraph><num>(3)</num><content><p>A reporting company appointed under paragraph 5 in relation to a period of account must submit a return for that period to an officer of Revenue and Customs unless a return for the period has already been submitted under sub-paragraph (1) or (2) or this sub-paragraph.</p></content></subparagraph></quotedStructure><inline name="appendText">, and</inline></mod></p></content></level><level class="para1" eId="section-61-8-b"><num>(b)</num><content><p><mod>in sub-paragraph (6), for paragraph (b) substitute—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><level class="para1"><num>(b)</num><intro><p>if the reporting company was appointed under paragraph 4 or 5, the later of—</p></intro><level class="para2"><num>(i)</num><content><p>the period mentioned in paragraph (a), and</p></content></level><level class="para2"><num>(ii)</num><content><p>the end of the period of 3 months beginning with the day on which it was appointed.</p></content></level></level></quotedStructure></mod></p></content></level></subsection><subsection eId="section-61-9"><num>(9)</num><content><p><mod>Consequently, the italic heading before that paragraph becomes <quotedText>“<i>Submission of interest restriction returns by reporting companies</i>”</quotedText>.</mod></p></content></subsection><subsection eId="section-61-10"><num>(10)</num><content><p><mod>In paragraph 8 (revised interest restriction return), in sub-paragraph (3), for paragraph (b) substitute—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><level class="para1"><num>(b)</num><intro><p>if the reporting company was appointed under paragraph 4 or 5, the later of—</p></intro><level class="para2"><num>(i)</num><content><p>the period mentioned in paragraph (a), and</p></content></level><level class="para2"><num>(ii)</num><content><p>the end of the period of 3 months beginning with the day on which it was appointed.</p></content></level></level></quotedStructure></mod></p></content></subsection><subsection eId="section-61-11"><num>(11)</num><intro><p>In paragraph 10 (meaning of “<term refersTo="#term-consenting-company" eId="term-consenting-company">consenting company</term>” and “<term refersTo="#term-non-consenting-company" eId="term-non-consenting-company">non-consenting company</term>”)—</p></intro><level class="para1" eId="section-61-11-a"><num>(a)</num><intro><p>in sub-paragraph (2)—</p></intro><level class="para2" eId="section-61-11-a-i"><num>(i)</num><content><p><mod>in paragraph (a), for “the appropriate persons” substitute <quotedText>“the reporting company in relation to the period of account”</quotedText>, and</mod></p></content></level><level class="para2" eId="section-61-11-a-ii"><num>(ii)</num><content><p><mod>in paragraph (b), for “the appropriate persons” substitute <quotedText>“the reporting company”</quotedText>, and</mod></p></content></level></level><level class="para1" eId="section-61-11-b"><num>(b)</num><content><p>omit sub-paragraph (3).</p></content></level></subsection><subsection eId="section-61-12"><num>(12)</num><content><p>Omit paragraph 11 (company authorising reporting company appointment treated as consenting company) together with the italic cross-heading before it.</p></content></subsection><subsection eId="section-61-13"><num>(13)</num><content><p><mod>After paragraph 11 insert—<quotedStructure startQuote="“" endQuote="”" uk:context="schedule" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="schedule" ukl:Format="double"><hcontainer name="crossheading" class="schGroup7"><heading>Penalty for submission of return where no reporting company appointed</heading><paragraph eId="d28e12927" class="schProv1"><num>11A</num><subparagraph><num>(1)</num><content><p>A company is liable to a penalty if the company has purported to submit to an officer of Revenue and Customs a return for a period of account of a worldwide group in circumstances where it had not been appointed for the period of account at the time at which it submitted the return.</p></content></subparagraph><subparagraph><num>(2)</num><content><p>The penalty is £1,000.</p></content></subparagraph><subparagraph><num>(3)</num><intro><p>If a company becomes liable to a penalty under this paragraph, an officer of Revenue and Customs must—</p></intro><level class="para1"><num>(a)</num><content><p>assess the penalty, and</p></content></level><level class="para1"><num>(b)</num><content><p>notify the company.</p></content></level></subparagraph><subparagraph><num>(4)</num><content><p>The assessment must be made within the period of 12 months beginning with the day on which a company is (after the time mentioned in sub-paragraph (1)) appointed as the group’s reporting company for the period of account.</p></content></subparagraph><subparagraph><num>(5)</num><content><p>A company may, by notice, appeal against a decision of an officer of Revenue and Customs that a penalty is payable under this paragraph.</p></content></subparagraph><subparagraph><num>(6)</num><intro><p>Notice of appeal under this paragraph must be given—</p></intro><level class="para1"><num>(a)</num><content><p>within 30 days after the penalty was notified to the company,</p></content></level><level class="para1"><num>(b)</num><content><p>to the officer of Revenue and Customs who notified the company.</p></content></level></subparagraph><subparagraph><num>(7)</num><intro><p>A penalty under this paragraph must be paid before the end of the period of 30 days beginning with—</p></intro><level class="para1"><num>(a)</num><content><p>the day on which the company was notified of the penalty, or</p></content></level><level class="para1"><num>(b)</num><content><p>if notice of appeal against the penalty is given, the day on which the appeal is finally determined or withdrawn.</p></content></level></subparagraph></paragraph><paragraph class="schProv1"><num>11B</num><subparagraph><num>(1)</num><content><p>Liability to a penalty under paragraph <ref href="#d28e12927">11A</ref> does not arise if, in reliance on paragraph 1A, a company is, at any time up to the end of the period of 18 months after the end of the period of account, appointed as the group’s reporting company for the period of account.</p></content></subparagraph><subparagraph><num>(2)</num><intro><p>Liability to a penalty under paragraph <ref href="#d28e12927">11A</ref> also does not arise if—</p></intro><level class="para1"><num>(a)</num><content><p>without being prompted by an officer of Revenue and Customs to do so, the company notified an officer of Revenue and Customs of the circumstances mentioned in paragraph <ref href="#d28e12927">11A</ref>(1), or</p></content></level><level class="para1"><num>(b)</num><content><p>there is a reasonable excuse for failing to appoint a reporting company before the return was submitted.</p></content></level></subparagraph><subparagraph><num>(3)</num><content><p>If there is a reasonable excuse for the failure but the excuse has ceased, the excuse is to be treated as having continued if a reporting company is appointed without unreasonable delay after the excuse ceased.</p></content></subparagraph></paragraph></hcontainer></quotedStructure></mod></p></content></subsection><subsection eId="section-61-14"><num>(14)</num><intro><p>In paragraph 20 (required contents of interest restriction return: full returns and abbreviated returns)—</p></intro><level class="para1" eId="section-61-14-a"><num>(a)</num><intro><p>in sub-paragraph (3)—</p></intro><level class="para2" eId="section-61-14-a-i"><num>(i)</num><content><p><mod>before paragraph (a) insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><level class="para1"><num>(za)</num><content><p>state the name and (where it has one) the Unique Taxpayer Reference of the reporting company,</p></content></level></quotedStructure><inline name="appendText">,</inline></mod></p></content></level><level class="para2" eId="section-61-14-a-ii"><num>(ii)</num><content><p><mod>in paragraph (c), at the end insert <quotedText>“and whether it authorised the appointment of the reporting company for the period of account”</quotedText>, and</mod></p></content></level><level class="para2" eId="section-61-14-a-iii"><num>(iii)</num><content><p><mod>after that paragraph insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><level class="para1"><num>(ca)</num><content><p>contain a statement that each of the companies authorising the appointment of the reporting company was an eligible company and that they together constituted more than half of the eligible companies,</p></content></level></quotedStructure><inline name="appendText">, and</inline></mod></p></content></level></level><level class="para1" eId="section-61-14-b"><num>(b)</num><content><p><mod>in sub-paragraph (5), for “(a) to (c)” substitute <quotedText>“(za) to (ca)”</quotedText>.</mod></p></content></level></subsection><subsection eId="section-61-15"><num>(15)</num><intro><p>In paragraph 29 (penalty for failure to deliver return)—</p></intro><level class="para1" eId="section-61-15-a"><num>(a)</num><content><p><mod>in sub-paragraph (1)(a), at the beginning insert <quotedText>“submits or”</quotedText>, and</mod></p></content></level><level class="para1" eId="section-61-15-b"><num>(b)</num><content><p><mod>for sub-paragraph (4) substitute—<quotedStructure startQuote="“" endQuote="”" uk:context="schedule" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="schedule" ukl:Format="double"><subparagraph><num>(4)</num><intro><p>The assessment must be made—</p></intro><level class="para1"><num>(a)</num><content><p>within the period of 12 months beginning with the day on which the return was received by an officer of Revenue and Customs, or</p></content></level><level class="para1"><num>(b)</num><content><p>if no return is received by an officer of Revenue and Customs, the period of 12 months beginning with the filing date mentioned in sub-paragraph (1)(b).</p></content></level></subparagraph></quotedStructure></mod></p></content></level></subsection><subsection eId="section-61-16"><num>(16)</num><content><p><mod>In paragraph 44 (enquiry into return for wrong period or wrong group)—<quotedStructure startQuote="“" endQuote="”" uk:context="schedule" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="schedule" ukl:Format="double"><subparagraph><num>(1A)</num><content><p>Sub-paragraph (1) applies even if the company submitting the return had not been appointed as a reporting company for the period of account for which the return was submitted; and references to a reporting company in paragraph 40, and elsewhere in this Schedule where the context is an enquiry into the return, are to the company who submitted the return.</p></content></subparagraph></quotedStructure></mod></p></content></subsection><subsection eId="section-61-17"><num>(17)</num><content><p><mod>In paragraph 56 (power of Revenue and Customs to make determinations where no return filed etc), in sub-paragraph (4)(a), after “has effect” insert <quotedText>“under paragraph 4 or 5”</quotedText>.</mod></p></content></subsection><subsection eId="section-61-18"><num>(18)</num><content><p><mod>In paragraph 61 (provision of information between members of group where no reporting company appointed), for sub-paragraph (2) substitute—<quotedStructure startQuote="“" endQuote="”" uk:context="schedule" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="schedule" ukl:Format="double"><subparagraph><num>(2)</num><content><p>Condition A is that no appointment of a reporting company in relation to the period of account has been made before the end of the period of 12 months beginning with the end of the period of account.</p></content></subparagraph></quotedStructure></mod></p></content></subsection><subsection eId="section-61-19"><num>(19)</num><content><p>The amendment made by subsection <ref href="#section-61-3">(3)</ref> has effect in relation to periods of account ending on or after 31 March 2024 (except so far as it relates to the new paragraph 11A of Schedule 7A to TIOPA 2010).</p></content></subsection><subsection eId="section-61-20"><num>(20)</num><content><p>The amendments made by subsection <ref href="#section-61-14">(14)</ref> have effect in accordance with provision made by regulations made by the Commissioners for His Majesty’s Revenue and Customs.</p></content></subsection><subsection eId="section-61-21"><num>(21)</num><content><p>The remaining amendments made by this section have effect in relation to periods of account ending on or after 31 March 2026.</p></content></subsection></section><section eId="section-62"><num>62</num><heading>Corporate interest restriction: capital expenditure and tax-EBITDA calculation</heading><subsection eId="section-62-1"><num>(1)</num><intro><p>In section 407 of TIOPA 2010 (amounts not brought into account in determining a company’s tax-EBITDA)—</p></intro><level class="para1" eId="section-62-1-a"><num>(a)</num><content><p><mod>in subsection (1)(b) (allowances or charges under CAA 2001), at the end insert <quotedText>“or capital expenditure for which a deduction is given under a relevant enactment”</quotedText>, and</mod></p></content></level><level class="para1" eId="section-62-1-b"><num>(b)</num><content><p><mod>after subsection (1) insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><subsection><num>(1A)</num><intro><p>For the purposes of subsection (1)(b) “<term refersTo="#term-relevant-enactment">relevant enactment</term>” means—</p></intro><level class="para1"><num>(a)</num><content><p>section 86A of CTA 2009 (contributions to flood and coastal erosion risk management projects);</p></content></level><level class="para1"><num>(b)</num><content><p>section 142 of CTA 2009 (waste disposal site preparation expenditure);</p></content></level><level class="para1"><num>(c)</num><content><p>section 145 of CTA 2009 (waste disposal site restoration payments);</p></content></level><level class="para1"><num>(d)</num><content><p>section 147 of CTA 2009 (cemeteries and crematoria).</p></content></level></subsection></quotedStructure></mod></p></content></level></subsection><subsection eId="section-62-2"><num>(2)</num><content><p>The amendments made by this section have effect in relation to periods of account ending on or after 31 December 2021.</p></content></subsection><subsection eId="section-62-3"><num>(3)</num><content><p>An interest restriction return which is revised to take account of the amendments made by this section is, despite paragraph 8(3) of Schedule 7A to TIOPA 2010, of effect if the revised return is received by an officer of Revenue and Customs before 1 October 2026.</p></content></subsection></section><section eId="section-63"><num>63</num><heading>Avoidance schemes involving certain non-derecognition liabilities</heading><subsection eId="section-63-1"><num>(1)</num><content><p><mod>In Part 20 of CTA 2009 (general calculation rules), in Chapter 1 (restriction of deductions), after section 1305A insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><section><num>1305B</num><heading>Avoidance schemes involving certain non-derecognition liabilities</heading><subsection eId="d28e13306"><num>(1)</num><intro><p>This section applies if—</p></intro><level class="para1" eId="d28e13312"><num>(a)</num><content><p>assets (“the underlying assets”) are transferred to a relevant entity,</p></content></level><level class="para1" eId="d28e13318"><num>(b)</num><intro><p>for accounting purposes following the transfer—</p></intro><level class="para2" eId="d28e13324"><num>(i)</num><content><p>the underlying assets continue to be recognised to any extent by a member of the transferor group, and</p></content></level><level class="para2" eId="d28e13330"><num>(ii)</num><content><p>a liability is also recognised by a member of the transferor group in connection with the underlying assets or otherwise in connection with the transfer,</p></content></level></level><level class="para1" eId="d28e13336"><num>(c)</num><content><p>in calculating a company’s profits for corporation tax purposes a deduction would (ignoring this section) be allowed for a loss, expense or debit in connection with the liability mentioned in paragraph <ref href="#d28e13318">(b)</ref><ref href="#d28e13330">(ii)</ref>, and</p></content></level><level class="para1" eId="d28e13347"><num>(d)</num><content><p>the loss, expense or debit arises, to any extent, as a result of arrangements (whether or not they are or include the transfer mentioned in paragraph <ref href="#d28e13312">(a)</ref>) where the main purpose, or one of the main purposes, of any party to the arrangements in being a party to them is to secure a tax advantage for any person.</p></content></level></subsection><subsection><num>(2)</num><content><p>The deduction mentioned in subsection <ref href="#d28e13306">(1)</ref><ref href="#d28e13336">(c)</ref> is not allowed so far as it is attributable on a just and reasonable apportionment to the purpose mentioned in subsection <ref href="#d28e13306">(1)</ref><ref href="#d28e13347">(d)</ref>.</p></content></subsection><subsection><num>(3)</num><intro><p>For the purposes of the condition in <ref href="#d28e13306">subsection (1)</ref><ref href="#d28e13318">(b)</ref> it does not matter whether the assets recognised as mentioned in subsection <ref href="#d28e13306">(1)</ref><ref href="#d28e13318">(b)</ref><ref href="#d28e13324">(i)</ref> and the liability recognised as mentioned in <ref href="#d28e13306">subsection (1)</ref><ref href="#d28e13318">(b)</ref><ref href="#d28e13330">(ii)</ref>—</p></intro><level class="para1"><num>(a)</num><content><p>are recognised immediately after the transfer or only later;</p></content></level><level class="para1"><num>(b)</num><content><p>are first recognised at the same time or at different times;</p></content></level><level class="para1"><num>(c)</num><content><p>are recognised by the same member of the transferor group as they were before the transfer.</p></content></level></subsection><subsection><num>(4)</num><intro><p>For the purposes of subsection <ref href="#d28e13306">(1)</ref> the circumstances in which assets are “transferred” to a relevant entity include circumstances in which—</p></intro><level class="para1"><num>(a)</num><content><p>a right to income deriving from the assets is transferred to the relevant entity;</p></content></level><level class="para1"><num>(b)</num><content><p>a contract is entered into to pay the relevant entity income deriving from the assets;</p></content></level><level class="para1"><num>(c)</num><content><p>the assets, or income deriving from them, come to be held in trust for the benefit of the relevant entity.</p></content></level></subsection><subsection><num>(5)</num><intro><p>In this section—</p></intro><hcontainer name="definition"><content><p>“<term refersTo="#term-arrangements">arrangements</term>” includes any scheme, arrangement or understanding of any kind, whether or not legally enforceable, involving a single transaction or two or more transactions;</p></content></hcontainer><hcontainer name="definition"><intro><p>“<term refersTo="#term-member-of-the-transferor-group">member of the transferor group</term>” means any of the following—</p></intro><level class="para1"><num>(a)</num><content><p>the person who transferred the underlying assets as mentioned in subsection <ref href="#d28e13306">(1)</ref><ref href="#d28e13312">(a)</ref>;</p></content></level><level class="para1"><num>(b)</num><content><p>a company that is connected with the person mentioned in paragraph <ref href="#d28e13464">(a)</ref> and is not the relevant entity mentioned in subsection <ref href="#d28e13306">(1)</ref><ref href="#d28e13312">(a)</ref>;</p></content></level><level class="para1"><num>(c)</num><content><p>a transparent entity in which the person mentioned in paragraph <ref href="#d28e13464">(a)</ref> or a company falling within paragraph <ref href="#d28e13473">(b)</ref> has an interest;</p></content></level></hcontainer><hcontainer name="definition"><intro><p>“<term refersTo="#term-relevant-entity">relevant entity</term>” means—</p></intro><level class="para1"><num>(a)</num><content><p>a securitisation company within the meaning of Chapter 4 of Part 13 of CTA 2010, or</p></content></level><level class="para1"><num>(b)</num><content><p>any person that is a party to the same capital market arrangement (within the meaning of paragraph 1 of Schedule 2A to the Insolvency Act 1986) as such a company;</p></content></level></hcontainer><hcontainer name="definition"><intro><p>“<term refersTo="#term-transparent-entity">transparent entity</term>” means anything that—</p></intro><level class="para1"><num>(a)</num><content><p>may be treated as an entity for accounting purposes, and</p></content></level><level class="para1"><num>(b)</num><content><p>is not chargeable to corporation tax or income tax as a person (ignoring any exemptions).</p></content></level></hcontainer></subsection><subsection><num>(6)</num><content><p>The following apply for the purposes of this section—</p><blockList class="unordered none" ukl:Name="UnorderedList" ukl:Decoration="none"><item><p>section 1122 of CTA 2010 (“connected” persons)</p></item><item><p>section 1139 of CTA 2010 (“tax advantage”).</p></item></blockList></content></subsection></section></quotedStructure></mod></p></content></subsection><subsection eId="section-63-2"><num>(2)</num><content><p>The amendment made by this section has effect in relation to accounting periods beginning on or after 26 November 2025; and for that purpose an accounting period beginning before and ending on or after that date is treated as if so much of the period as falls before that date, and so much of the period as falls on or after that date, were separate accounting periods.</p></content></subsection></section><section eId="section-64"><num>64</num><heading>Energy (oil and gas) profits levy: decommissioning relief agreements</heading><subsection eId="section-64-1"><num>(1)</num><content><p><mod>In <ref eId="c00115" href="https://www.legislation.gov.uk/ukpga/2013/29/section/80">section 80</ref> of <ref eId="c00116" href="https://www.legislation.gov.uk/ukpga/2013/29/contents">FA 2013</ref> (decommissioning relief agreements), after <ref eId="c00117" href="https://www.legislation.gov.uk/ukpga/2013/29/section/80">subsection (4)</ref> insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><subsection><num>(4A)</num><content><p>No payment is to be made to a company under a decommissioning relief agreement by reference to the energy (oil and gas) profits levy.</p></content></subsection><subsection><num>(4B)</num><content><p>Every decommissioning relief agreement (whenever entered into) is to be read accordingly.</p></content></subsection></quotedStructure></mod></p></content></subsection><subsection eId="section-64-2"><num>(2)</num><content><p>The amendment made by <ref href="#section-190-1">subsection (1)</ref> has effect in relation to claims under decommissioning relief agreements made in relation to decommissioning expenditure incurred on or after 26 November 2025.</p></content></subsection></section></hcontainer>
<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-57"><num>57</num><heading>Winter fuel payment charge</heading><content><p>Schedule <ref href="#schedule-10">10</ref> contains provision for and in connection with a winter fuel payment charge.</p></content></section>
<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" xmlns:default="http://www.w3.org/1999/xhtml" eId="section-58"><num>58</num><heading>Carried interest</heading><subsection eId="section-58-1"><num>(1)</num><content><p>ITTOIA 2005 is amended in accordance with subsections <ref href="#section-58-2">(2)</ref> to <ref href="#section-58-4">(4)</ref>.</p></content></subsection><subsection eId="section-58-2"><num>(2)</num><content><p><mod>After section 23H (double taxation) insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><hcontainer name="crossheading" ukl:Name="Pblock"><heading>Carried interest</heading><section eId="d28e10663"><num>23I</num><heading>Tax treatment of carried interest</heading><subsection eId="d28e10667"><num>(1)</num><intro><p>This section applies where—</p></intro><level class="para1" eId="d28e10673"><num>(a)</num><content><p>an individual performs investment management services in any tax year directly or indirectly in respect of an investment scheme under any arrangements, and</p></content></level><level class="para1" eId="d28e10679"><num>(b)</num><content><p>under the arrangements, one or more sums of carried interest arise to the individual from an investment scheme in a tax year.</p></content></level></subsection><subsection eId="d28e10685"><num>(2)</num><intro><p>For income tax purposes—</p></intro><level class="para1"><num>(a)</num><content><p>the individual is treated as carrying on a trade, by virtue of the arrangements, for the tax year referred to in <ref href="#d28e10667">subsection (1)</ref><ref href="#d28e10679">(b)</ref>,</p></content></level><level class="para1" eId="d28e10702"><num>(b)</num><content><p>the amount to be treated as the profits of the trade for that tax year is the sum of the non-qualifying profits of the trade and 72.5% of the qualifying profits of the trade (see <ref href="#d28e10717">subsection (3)</ref>), and</p></content></level><level class="para1"><num>(c)</num><content><p>the individual is treated as the person receiving or entitled to those profits.</p></content></level></subsection><subsection eId="d28e10717"><num>(3)</num><intro><p>In <ref href="#d28e10685">subsection (2)</ref><ref href="#d28e10702">(b)</ref>—</p></intro><level class="para1" eId="d28e10728"><num>(a)</num><intro><p>the amount of the non-qualifying profits of the trade is—</p></intro><level class="para2"><num>(i)</num><content><p>the total amount of carried interest arising to the individual from any investment scheme in the tax year under the arrangements that is not qualifying carried interest, minus</p></content></level><level class="para2"><num>(ii)</num><content><p>the proportion of any permitted deduction for the tax year (see section <ref href="#d28e11277">23N</ref>) that is the same as the proportion of the total amount of carried interest that is not qualifying carried interest;</p></content></level></level><level class="para1" eId="d28e10749"><num>(b)</num><intro><p>the amount of the qualifying profits of the trade is—</p></intro><level class="para2"><num>(i)</num><content><p>the total amount of qualifying carried interest arising to the individual from any investment scheme in the tax year under the arrangements, minus</p></content></level><level class="para2"><num>(ii)</num><content><p>the proportion of any permitted deduction for the tax year that is the same as the proportion of the total amount of carried interest that is qualifying carried interest.</p></content></level></level></subsection><subsection><num>(4)</num><intro><p>In <ref href="#d28e63902">Schedule A1</ref>—</p></intro><level class="para1"><num>(a)</num><content><p><ref href="#d28e63911">Part 1</ref> explains what it means for a sum arising to an individual from an investment scheme under arrangements to be “<term refersTo="#term-carried-interest">carried interest</term>” for the purposes of this group of sections and that Schedule;</p></content></level><level class="para1"><num>(b)</num><content><p><ref href="#d28e64460">Part 2</ref> sets out certain circumstances in which a sum arising to another person is treated as arising to the individual;</p></content></level><level class="para1"><num>(c)</num><content><p><ref href="#d28e65102">Part 3</ref> sets out how to determine the extent to which carried interest arising to an individual from an investment scheme is qualifying carried interest;</p></content></level><level class="para1"><num>(d)</num><content><p><ref href="#d28e68329">Part 4</ref> allows for an election to be made to treat carried interest as arising at an earlier time.</p></content></level></subsection><subsection><num>(5)</num><intro><p>A sum of carried interest arising to an individual from an investment scheme in a tax year is to be treated for the purposes of this section as not being a sum of carried interest to the extent that—</p></intro><level class="para1"><num>(a)</num><content><p>it is chargeable to income tax on the individual by virtue of section 62 (earnings) or Part 7 of ITEPA 2003 (employment income relating to securities) in the tax year, or</p></content></level><level class="para1"><num>(b)</num><content><p>an election made under <ref href="#d28e10835">section 23J</ref> that has effect for the tax year applies in relation to the sum.</p></content></level></subsection></section><section eId="d28e10835"><num>23J</num><heading>Election to disapply section 23I</heading><subsection><num>(1)</num><content><p>An individual who performs investment management services directly or indirectly in respect of an investment scheme under arrangements mentioned in <ref href="#d28e10663">section 23I</ref><ref href="#d28e10667">(1)</ref><ref href="#d28e10673">(a)</ref> may make an election under this section.</p></content></subsection><subsection><num>(2)</num><content><p>Where an election made under this section has effect for a tax year, the election applies in relation to a sum of carried interest arising to the individual under the arrangements in the tax year to the extent that the carried interest would, ignoring this group of sections, be brought into account in calculating the profits of a trade of the individual for the purposes of income tax for any tax year.</p></content></subsection><subsection><num>(3)</num><intro><p>An election made under this section—</p></intro><level class="para1"><num>(a)</num><content><p>must be made by notice given to an officer of Revenue and Customs, and</p></content></level><level class="para1"><num>(b)</num><content><p>may not be revoked.</p></content></level></subsection><subsection><num>(4)</num><intro><p>A notice making an election—</p></intro><level class="para1"><num>(a)</num><content><p>must state the tax year for which it is to have effect, and</p></content></level><level class="para1"><num>(b)</num><content><p>may not be given after 31 January following the end of that tax year.</p></content></level></subsection></section><section eId="d28e10900"><num>23K</num><heading>Location of trade treated as carried on under <ref href="#d28e10663">section 23I</ref> etc</heading><subsection><num>(1)</num><intro><p>An individual who is treated as carrying on a trade for a tax year under <ref href="#d28e10663">section 23I</ref> is treated as carrying on the trade—</p></intro><level class="para1"><num>(a)</num><content><p>wholly in the United Kingdom, if all of the applicable workdays are UK workdays;</p></content></level><level class="para1"><num>(b)</num><content><p>wholly outside the United Kingdom, if all of the applicable workdays are not UK workdays;</p></content></level><level class="para1"><num>(c)</num><content><p>otherwise, partly in the United Kingdom and partly outside the United Kingdom.</p></content></level></subsection><subsection eId="d28e10931"><num>(2)</num><content><p>Where the trade is treated as carried on partly in the United Kingdom and partly outside the United Kingdom, the amount to be treated as the profits arising from the part of the trade treated as carried on in the United Kingdom is the sum of the non-qualifying profits of that part of the trade and 72.5% of the qualifying profits of that part of the trade.</p></content></subsection><subsection eId="d28e10937"><num>(3)</num><intro><p>In <ref href="#d28e10931">subsection (2)</ref>—</p></intro><level class="para1" eId="d28e10946"><num>(a)</num><content><p>the amount of the non-qualifying profits of the part of the trade treated as carried on in the United Kingdom is the proportion of the non-qualifying profits of the trade (determined in accordance with <ref href="#d28e10663">section 23I</ref><ref href="#d28e10717">(3)</ref><ref href="#d28e10728">(a)</ref>) that is the same as the proportion of the applicable workdays that are UK workdays (but see <ref href="#d28e10978">subsection (4)</ref>);</p></content></level><level class="para1" eId="d28e10962"><num>(b)</num><content><p>the amount of the qualifying profits of the part of the trade treated as carried on in the United Kingdom is the proportion of the qualifying profits of the trade (determined in accordance with <ref href="#d28e10663">section 23I</ref><ref href="#d28e10717">(3)</ref><ref href="#d28e10749">(b)</ref>) that is the same as the proportion of the applicable workdays that are UK workdays (but see <ref href="#d28e11003">subsection (5)</ref>).</p></content></level></subsection><subsection eId="d28e10978"><num>(4)</num><intro><p>For the purposes of <ref href="#d28e10937">subsection (3)</ref><ref href="#d28e10946">(a)</ref> in a case where—</p></intro><level class="para1"><num>(a)</num><content><p>the individual is a non-UK resident for the tax year, and</p></content></level><level class="para1"><num>(b)</num><content><p>any of the non-qualifying profits of the trade are anticipated qualifying profits,</p></content></level><wrapUp><p>any UK workday in a non-UK tax year is not to be treated as a UK workday (but remains an applicable workday) for the purposes of determining the proportion of the anticipated qualifying profits that is an amount of non-qualifying profits of the part of the trade treated as carried on in the United Kingdom.</p></wrapUp></subsection><subsection eId="d28e11003"><num>(5)</num><intro><p>For the purposes of <ref href="#d28e10937">subsection (3)</ref><ref href="#d28e10962">(b)</ref> in a case where the individual is a non-UK resident for the tax year, the following days are not to be treated as UK workdays (but remain applicable workdays)—</p></intro><level class="para1"><num>(a)</num><content><p>any UK workday prior to 30 October 2024;</p></content></level><level class="para1"><num>(b)</num><content><p>any UK workday in a non-UK tax year;</p></content></level><level class="para1"><num>(c)</num><content><p>any UK workday prior to a period of 3 or more non-UK tax years.</p></content></level></subsection><subsection eId="d28e11032"><num>(6)</num><intro><p>For the purposes of this section—</p></intro><level class="para1"><num>(a)</num><content><p>a day is an “applicable workday” if it is a day in the relevant period on which the individual performs any investment management services directly or indirectly in respect of an investment scheme (whether or not under the arrangements mentioned in <ref href="#d28e10663">section 23I</ref><ref href="#d28e10667">(1)</ref><ref href="#d28e10673">(a)</ref>);</p></content></level><level class="para1"><num>(b)</num><content><p>a day is a “UK workday” if it is a day in the relevant period on which the individual spends more than 3 hours performing any investment management services directly or indirectly in respect of an investment scheme (whether or not under those arrangements) in the United Kingdom;</p></content></level><level class="para1"><num>(c)</num><content><p>a year is a “non-UK tax year” if the individual is a non-UK resident for the tax year and there are fewer than 60 UK workdays in the year;</p></content></level><level class="para1"><num>(d)</num><content><p>non-qualifying profits are “anticipated qualifying profits” if, on the first UK workday in the relevant period, it was reasonable to assume that they would be qualifying profits.</p></content></level></subsection><subsection><num>(7)</num><intro><p>For the purposes of <ref href="#d28e11032">subsection (6)</ref> the “relevant period” is the period—</p></intro><level class="para1"><num>(a)</num><intro><p>beginning with the later of—</p></intro><level class="para2"><num>(i)</num><content><p>the day on which the first external investor was admitted to any scheme from which the individual is entitled to carried interest under the arrangements mentioned in <ref href="#d28e10663">section 23I</ref><ref href="#d28e10667">(1)</ref><ref href="#d28e10673">(a)</ref>, and</p></content></level><level class="para2"><num>(ii)</num><content><p>the first day on which the individual performs any investment management services directly or indirectly in respect of an investment scheme under the arrangements;</p></content></level></level><level class="para1"><num>(b)</num><intro><p>ending with the earlier of—</p></intro><level class="para2"><num>(i)</num><content><p>the last day in the tax year for which the individual was treated as carrying on the trade under <ref href="#d28e10663">section 23I</ref> on which a sum of carried interest arose to the individual from an investment scheme under the arrangements for the purposes of that section, and</p></content></level><level class="para2"><num>(ii)</num><content><p>the last day on which the individual performed any investment management services directly or indirectly in respect of an investment scheme under the arrangements.</p></content></level></level></subsection><subsection><num>(8)</num><intro><p>For the purposes of <ref href="#d28e11032">subsection (6)</ref>—</p></intro><level class="para1"><num>(a)</num><content><p>investment management services performed by an individual in the course of travelling to or from the United Kingdom by air or sea or via a tunnel under the sea are assumed to be performed overseas even during the part of the journey in or over the United Kingdom, and</p></content></level><level class="para1"><num>(b)</num><intro><p>travelling to or from the United Kingdom is taken to—</p></intro><level class="para2"><num>(i)</num><content><p>begin when the individual boards the aircraft, ship or train that is bound for a destination in the United Kingdom or (as the case may be) overseas, and</p></content></level><level class="para2"><num>(ii)</num><content><p>end when the individual disembarks from that aircraft, ship or train.</p></content></level></level></subsection></section><section><num>23L</num><heading>Carried interest arising where individual deceased</heading><subsection><num>(1)</num><intro><p>This section applies where—</p></intro><level class="para1"><num>(a)</num><content><p>the individual referred to in <ref href="#d28e10663">section 23I</ref><ref href="#d28e10667">(1)</ref><ref href="#d28e10673">(a)</ref>has died, and</p></content></level><level class="para1"><num>(b)</num><content><p>as a result, one or more sums that would have been sums of carried interest arising to the individual from an investment scheme under the arrangements arise instead to another person in a tax year.</p></content></level></subsection><subsection><num>(2)</num><intro><p>For the purposes of sections <ref href="#d28e10663">23I</ref> and <ref href="#d28e10900">23K</ref>—</p></intro><level class="para1"><num>(a)</num><content><p>the sums are treated as if they had arisen to the individual in the tax year in which they arose to the other person,</p></content></level><level class="para1"><num>(b)</num><content><p>the other person is treated as carrying on the trade under <ref href="#d28e10663">section 23I</ref> for that tax year (instead of the individual), and</p></content></level><level class="para1"><num>(c)</num><content><p>the other person is treated as the person receiving or entitled to the profits of that trade.</p></content></level></subsection></section><section eId="d28e11225"><num>23M</num><heading>Temporary non-UK residents: tax treatment of accrued carried interest gains</heading><subsection><num>(1)</num><content><p>This section applies where, on the disposal of an asset by an individual who was temporarily non-resident in tax year 2025-26 or earlier, a gain accrued to the individual in the temporary period of non-residence under section 103KA(2) or (3) of TCGA 1992 (as it then had effect).</p></content></subsection><subsection><num>(2)</num><intro><p>For income tax purposes—</p></intro><level class="para1"><num>(a)</num><content><p>the individual is treated as carrying on a trade for the period of return,</p></content></level><level class="para1"><num>(b)</num><content><p>the amount to be treated as the profits of the trade for the period of return is 72.5% of the amount of the gain which accrued to the individual in the temporary period of non-residence, and</p></content></level><level class="para1"><num>(c)</num><content><p>the individual is treated as the person receiving or entitled to those profits.</p></content></level></subsection><subsection><num>(3)</num><content><p>For the purposes of this section, “<term refersTo="#term-the-period-of-return">the period of return</term>”, “<term refersTo="#term-temporarily-non-resident">temporarily non-resident</term>” and “<term refersTo="#term-the-temporary-period-of-non-residence">the temporary period of non-residence</term>” have the meanings given by Part 4 of Schedule 45 to FA 2013 (statutory residence test: anti-avoidance).</p></content></subsection></section><section eId="d28e11277"><num>23N</num><heading>Permitted deduction etc</heading><subsection eId="d28e11281"><num>(1)</num><intro><p>For the purpose of <ref href="#d28e10663">section 23I</ref> the amount of any “permitted deduction” for a tax year is—</p></intro><level class="para1"><num>(a)</num><content><p>the amount of any consideration given by or on behalf of the individual wholly and exclusively for the entitlement to carried interest under the arrangements referred to in <ref href="#d28e10663">section 23I</ref><ref href="#d28e10667">(1)</ref><ref href="#d28e10673">(a)</ref>, minus</p></content></level><level class="para1"><num>(b)</num><content><p>the amount of any such consideration deducted in calculating the profits of a trade that the individual is treated as carrying on under <ref href="#d28e10663">section 23I</ref> for an earlier tax year by virtue of those arrangements.</p></content></level></subsection><subsection><num>(2)</num><content><p>In <ref href="#d28e11281">subsection (1)</ref>, “<term refersTo="#term-consideration">consideration</term>” means consideration in money or money’s worth but does not include the performance of any investment management services directly or indirectly in respect of an investment scheme.</p></content></subsection><subsection><num>(3)</num><content><p>For the purposes of this Act no other deduction may be made from the amount treated as the profits of the trade under <ref href="#d28e10663">section 23I</ref>.</p></content></subsection></section><section><num>23P</num><heading>Carried interest: anti-avoidance</heading><subsection><num>(1)</num><intro><p>In determining whether section <ref href="#d28e10663">23I</ref> applies in relation to an individual, no regard is to be had to any arrangements the main purpose, or one of the main purposes, of which is to secure that that section does not to any extent apply in relation to—</p></intro><level class="para1"><num>(a)</num><content><p>the individual, or</p></content></level><level class="para1"><num>(b)</num><content><p>the individual and one or more other individuals.</p></content></level></subsection><subsection><num>(2)</num><content><p>In determining whether an individual falls within <ref href="#d28e10673">paragraph (a)</ref> of <ref href="#d28e10663">section 23I</ref><ref href="#d28e10667">(1)</ref>, no regard is to be had to any arrangements the main purpose, or one of the main purposes, of which is to secure that the individual falls within that paragraph.</p></content></subsection></section><section eId="d28e11378"><num>23Q</num><heading>Carried interest: avoidance of double taxation</heading><subsection><num>(1)</num><intro><p>Subsection <ref href="#d28e11410">(2)</ref> applies where—</p></intro><level class="para1"><num>(a)</num><content><p>an individual performs investment management services directly or indirectly in respect of an investment scheme under arrangements mentioned in <ref href="#d28e10663">section 23I</ref><ref href="#d28e10667">(1)</ref><ref href="#d28e10673">(a)</ref>, and</p></content></level><level class="para1"><num>(b)</num><content><p>the individual is entitled to carried interest under the arrangements.</p></content></level></subsection><subsection eId="d28e11410"><num>(2)</num><intro><p>No income tax is chargeable on the individual by virtue of the individual’s entitlement to carried interest other than—</p></intro><level class="para1"><num>(a)</num><intro><p>income tax chargeable in respect of carried interest arising to the individual under the arrangements—</p></intro><level class="para2"><num>(i)</num><content><p>by virtue of <ref href="#d28e10663">section 23I</ref> or <ref href="#d28e11225">23M</ref>,</p></content></level><level class="para2"><num>(ii)</num><content><p>by virtue of section 62 (earnings) or Part 7 of ITEPA 2003 (employment income relating to securities), or</p></content></level><level class="para2"><num>(iii)</num><content><p>where an election made under <ref href="#d28e10835">section 23J</ref> has effect for a tax year, otherwise under this Part, or</p></content></level></level><level class="para1"><num>(b)</num><intro><p>income tax chargeable in respect of—</p></intro><level class="para2"><num>(i)</num><content><p>the award of the entitlement to carried interest to the individual, or</p></content></level><level class="para2"><num>(ii)</num><content><p>the individual’s acquisition of the entitlement to carried interest,</p></content></level><wrapUp><p>whether by virtue of section 62 (earnings) or Part 7 of ITEPA 2003 (employment income relating to securities) or otherwise.</p></wrapUp></level></subsection><subsection eId="d28e11469"><num>(3)</num><intro><p>Subsection <ref href="#d28e11513">(4)</ref> applies where—</p></intro><level class="para1" eId="d28e11478"><num>(a)</num><content><p>an individual is chargeable to income tax and national insurance contributions by virtue of section <ref href="#d28e10663">23I</ref> or <ref href="#d28e11225">23M</ref> in respect of a sum of carried interest arising to the individual from an investment scheme, and</p></content></level><level class="para1" eId="d28e11490"><num>(b)</num><intro><p>at any time any other UK tax or national insurance contributions charged on any person—</p></intro><level class="para2"><num>(i)</num><content><p>in relation to the sum mentioned in <ref href="#d28e11478">paragraph (a)</ref>, or</p></content></level><level class="para2"><num>(ii)</num><content><p>or in respect of any person’s entitlement to that sum,</p></content></level><wrapUp><p>has or have been paid and not repaid.</p></wrapUp></level></subsection><subsection eId="d28e11513"><num>(4)</num><content><p>The individual may make a claim for one or more consequential adjustments to be made in respect of the profits chargeable by virtue of section <ref href="#d28e10663">23I</ref> or <ref href="#d28e11225">23M</ref> to take account of the amounts paid as mentioned in <ref href="#d28e11469">subsection (3)</ref><ref href="#d28e11490">(b)</ref>.</p></content></subsection><subsection><num>(5)</num><content><p>On a claim under this section an officer of Revenue and Customs must make such of the consequential adjustments claimed (if any) as are just and reasonable.</p></content></subsection><subsection><num>(6)</num><intro><p>Consequential adjustments in respect of the profits chargeable by virtue of section <ref href="#d28e10663">23I</ref> or <ref href="#d28e11225">23M</ref> must not have the effect that—</p></intro><level class="para1"><num>(a)</num><intro><p>the total of—</p></intro><level class="para2"><num>(i)</num><content><p>the amount of income tax and national insurance contributions charged on the adjusted profits by virtue of section <ref href="#d28e10663">23I</ref> or <ref href="#d28e11225">23M</ref>, and</p></content></level><level class="para2"><num>(ii)</num><content><p>any amounts paid as mentioned in <ref href="#d28e11469">subsection (3)</ref><ref href="#d28e11490">(b)</ref>, is less than</p></content></level></level><level class="para1"><num>(b)</num><content><p>the amount of income tax and national insurance contributions to which the individual was chargeable by virtue of section <ref href="#d28e10663">23I</ref> or <ref href="#d28e11225">23M</ref> in respect of the sum of carried interest before the making of any consequential adjustments.</p></content></level></subsection><subsection><num>(7)</num><intro><p>Consequential adjustments may be made—</p></intro><level class="para1"><num>(a)</num><content><p>in respect of any period,</p></content></level><level class="para1"><num>(b)</num><content><p>by way of an assessment, the modification of an assessment, the amendment of a claim, or otherwise, and</p></content></level><level class="para1"><num>(c)</num><content><p>despite any time limit imposed by or under an enactment.</p></content></level></subsection><subsection><num>(8)</num><content><p>In this section “<term refersTo="#term-uk-tax">UK tax</term>” means income tax, corporation tax, capital gains tax or inheritance tax.</p></content></subsection><subsection><num>(9)</num><content><p>For the purposes of section 9(2) of TIOPA 2010 (unilateral entitlement to credit for non-UK tax corresponding to capital gains tax), in a case where the capital gain mentioned in subsection (2)(b) of that section accrued on a sum of carried interest arising to an individual, the reference to capital gains tax calculated by reference to that gain is to be read as if it were a reference to income tax chargeable under section <ref href="#d28e10663">23I</ref> in respect of the sum of carried interest.</p></content></subsection></section><section eId="d28e11634"><num>23R</num><heading>Definitions</heading><subsection><num>(1)</num><intro><p>In this section, this group of sections and <ref href="#d28e63902">Schedule A1</ref>—</p></intro><hcontainer name="definition"><intro><p>“<term refersTo="#term-aif">AIF</term>” has the meaning given by regulation 3 of the Alternative Investment Fund Managers Regulations 2013 and includes—</p></intro><level class="para1"><num>(a)</num><content><p>arrangements which permit an external investor to participate in investments acquired by the AIF without participating in the AIF itself, and</p></content></level><level class="para1"><num>(b)</num><content><p>arrangements under which sums arise to an individual performing investment management services in respect of the AIF without those sums arising from the AIF itself;</p></content></level></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-arrangements">arrangements</term>” includes any agreement, understanding, scheme, transaction or series of transactions (whether or not legally enforceable);</p></content></hcontainer><hcontainer name="definition"><intro><p>“<term refersTo="#term-collective-investment-scheme">collective investment scheme</term>” has the meaning given by section 235 of FISMA 2000 and includes—</p></intro><level class="para1"><num>(a)</num><content><p>arrangements which permit an external investor to participate in investments acquired by the collective investment scheme without participating in the scheme itself, and</p></content></level><level class="para1"><num>(b)</num><content><p>arrangements under which sums arise to an individual performing investment management services in respect of the collective investment scheme without those sums arising from the scheme itself;</p></content></level></hcontainer><hcontainer name="definition"><intro><p>“<term refersTo="#term-external-investor">external investor</term>”, in relation to an investment scheme and any arrangements, means a participant in the scheme other than—</p></intro><level class="para1"><num>(a)</num><content><p>an individual who at any time performs or is to perform investment management services directly or indirectly in respect of the scheme, or</p></content></level><level class="para1"><num>(b)</num><content><p>a person through whom sums are to, or may, arise directly or indirectly to such an individual from the scheme under the arrangements;</p></content></level></hcontainer><hcontainer name="definition"><intro><p>“<term refersTo="#term-investment-management-services">investment management services</term>”, in relation to an investment scheme, includes—</p></intro><level class="para1"><num>(a)</num><content><p>the provision of investment advice,</p></content></level><level class="para1"><num>(b)</num><content><p>seeking funds for the purposes of the scheme from participants or potential participants,</p></content></level><level class="para1"><num>(c)</num><content><p>researching potential investments to be made for the purposes of the scheme,</p></content></level><level class="para1"><num>(d)</num><content><p>acquiring, managing or disposing of property for the purposes of the scheme,</p></content></level><level class="para1"><num>(e)</num><content><p>acting for the purposes of the scheme with a view to assisting a body in which the scheme has made an investment to raise funds, and</p></content></level><level class="para1"><num>(f)</num><content><p>any activity incidental or ancillary to any activity mentioned in paragraphs <ref href="#d28e11711">(a)</ref> to <ref href="#d28e11727">(e)</ref>;</p></content></level></hcontainer><hcontainer name="definition"><intro><p>“<term refersTo="#term-investment-scheme">investment scheme</term>” means—</p></intro><level class="para1"><num>(a)</num><content><p>a collective investment scheme, or</p></content></level><level class="para1"><num>(b)</num><content><p>an AIF, or any part of an AIF, that is not a collective investment scheme;</p></content></level></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-participant">participant</term>”, in relation to an investment scheme, means a person taking part in the scheme, whether by becoming the owner of, or of any part of, the property that is the subject of the scheme or otherwise;</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-sum">sum</term>” includes any money or money's worth (and other expressions are to be construed accordingly);</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-this-group-of-sections">this group of sections</term>” means sections <ref href="#d28e10663">23I</ref> to <ref href="#d28e11378">23Q</ref>.</p></content></hcontainer></subsection><subsection><num>(2)</num><intro><p>For the purposes of <ref href="#d28e10900">section 23K</ref> and <ref href="#d28e63902">Schedule A1</ref>, in determining what it is reasonable to assume in relation to an investment scheme, regard is to be had to all the circumstances including in particular any prospectus or other document which—</p></intro><level class="para1"><num>(a)</num><content><p>is made available to external investors in the investment scheme, and</p></content></level><level class="para1"><num>(b)</num><content><p>on which external investors may reasonably be supposed to have relied or been able to rely.</p></content></level></subsection></section></hcontainer></quotedStructure></mod></p></content></subsection><subsection eId="section-58-3"><num>(3)</num><content><p><mod>In section 7 (income charged), in subsection (1), after “section 23E(1)” insert <quotedText>“, <ref href="#d28e10663">section 23I</ref> or <ref href="#d28e11225">section 23M</ref>”</quotedText>.</mod></p></content></subsection><subsection eId="section-58-4"><num>(4)</num><intro><p>In section 845H (qualifying foreign income)—</p></intro><level class="para1" eId="section-58-4-a"><num>(a)</num><content><p><mod>in row 1 of the table at the end insert <quotedText>“other than profits of such a trade treated as carried on under <ref href="#d28e10663">section 23I</ref>”</quotedText>;</mod></p></content></level><level class="para1" eId="section-58-4-b"><num>(b)</num><content><p><mod>after row 1 of the table insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><tblock class="table" ukl:Orientation="portrait"><foreign><default:table xmlns="http://www.w3.org/1999/xhtml"><default:colgroup><default:col span="1" style="width:10%"/><default:col span="1" style="width:90%"/></default:colgroup><default:tbody><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">1A</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">72.5% of the amount of the qualifying profits (within the meaning of <ref href="#d28e10663">section 23I</ref>) of a trade treated as carried on under <ref href="#d28e10663">section 23I</ref> that do not arise from the part of a trade treated as carried on in the United Kingdom (see <ref href="#d28e10900">section 23K</ref>).
</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">1B</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">The foreign pre-arrival proportion of the non-qualifying profits (within the meaning of section 23I) of a trade treated as carried on under <ref href="#d28e10663">section 23I</ref>.</p><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">The foreign pre-arrival proportion is the proportion of the applicable workdays (within the meaning of <ref href="#d28e10900">section 23K</ref>) that fall within the pre-arrival period and are not UK workdays (within the meaning of <ref href="#d28e10900">section 23K</ref>).</p><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">The pre-arrival period is the period ending immediately before the individual became a qualifying new resident that consists only of tax years for which the individual was non-UK resident.</p></default:td></default:tr></default:tbody></default:table></foreign></tblock></quotedStructure></mod></p></content></level></subsection><subsection eId="section-58-5"><num>(5)</num><intro><p>In <ref href="#schedule-11">Schedule 11</ref>—</p></intro><level class="para1" eId="section-58-5-a"><num>(a)</num><content><p>Part 1 inserts Schedule A1 to ITTOIA 2005 (Carried interest: interpretation etc.);</p></content></level><level class="para1" eId="section-58-5-b"><num>(b)</num><content><p>Part 2 contains consequential and connected amendments.</p></content></level></subsection><subsection eId="section-58-6"><num>(6)</num><content><p>The amendments made by this section and that Schedule have effect for the tax year 2026-27 and subsequent tax years (but in relation to investment management services whenever performed).</p></content></subsection></section>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-58-1"><num>(1)</num><content><p>ITTOIA 2005 is amended in accordance with subsections <ref href="#section-58-2">(2)</ref> to <ref href="#section-58-4">(4)</ref>.</p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="section-58-2"><num>(2)</num><content><p><mod>After section 23H (double taxation) insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><hcontainer name="crossheading" ukl:Name="Pblock"><heading>Carried interest</heading><section eId="d28e10663"><num>23I</num><heading>Tax treatment of carried interest</heading><subsection eId="d28e10667"><num>(1)</num><intro><p>This section applies where—</p></intro><level class="para1" eId="d28e10673"><num>(a)</num><content><p>an individual performs investment management services in any tax year directly or indirectly in respect of an investment scheme under any arrangements, and</p></content></level><level class="para1" eId="d28e10679"><num>(b)</num><content><p>under the arrangements, one or more sums of carried interest arise to the individual from an investment scheme in a tax year.</p></content></level></subsection><subsection eId="d28e10685"><num>(2)</num><intro><p>For income tax purposes—</p></intro><level class="para1"><num>(a)</num><content><p>the individual is treated as carrying on a trade, by virtue of the arrangements, for the tax year referred to in <ref href="#d28e10667">subsection (1)</ref><ref href="#d28e10679">(b)</ref>,</p></content></level><level class="para1" eId="d28e10702"><num>(b)</num><content><p>the amount to be treated as the profits of the trade for that tax year is the sum of the non-qualifying profits of the trade and 72.5% of the qualifying profits of the trade (see <ref href="#d28e10717">subsection (3)</ref>), and</p></content></level><level class="para1"><num>(c)</num><content><p>the individual is treated as the person receiving or entitled to those profits.</p></content></level></subsection><subsection eId="d28e10717"><num>(3)</num><intro><p>In <ref href="#d28e10685">subsection (2)</ref><ref href="#d28e10702">(b)</ref>—</p></intro><level class="para1" eId="d28e10728"><num>(a)</num><intro><p>the amount of the non-qualifying profits of the trade is—</p></intro><level class="para2"><num>(i)</num><content><p>the total amount of carried interest arising to the individual from any investment scheme in the tax year under the arrangements that is not qualifying carried interest, minus</p></content></level><level class="para2"><num>(ii)</num><content><p>the proportion of any permitted deduction for the tax year (see section <ref href="#d28e11277">23N</ref>) that is the same as the proportion of the total amount of carried interest that is not qualifying carried interest;</p></content></level></level><level class="para1" eId="d28e10749"><num>(b)</num><intro><p>the amount of the qualifying profits of the trade is—</p></intro><level class="para2"><num>(i)</num><content><p>the total amount of qualifying carried interest arising to the individual from any investment scheme in the tax year under the arrangements, minus</p></content></level><level class="para2"><num>(ii)</num><content><p>the proportion of any permitted deduction for the tax year that is the same as the proportion of the total amount of carried interest that is qualifying carried interest.</p></content></level></level></subsection><subsection><num>(4)</num><intro><p>In <ref href="#d28e63902">Schedule A1</ref>—</p></intro><level class="para1"><num>(a)</num><content><p><ref href="#d28e63911">Part 1</ref> explains what it means for a sum arising to an individual from an investment scheme under arrangements to be “<term refersTo="#term-carried-interest">carried interest</term>” for the purposes of this group of sections and that Schedule;</p></content></level><level class="para1"><num>(b)</num><content><p><ref href="#d28e64460">Part 2</ref> sets out certain circumstances in which a sum arising to another person is treated as arising to the individual;</p></content></level><level class="para1"><num>(c)</num><content><p><ref href="#d28e65102">Part 3</ref> sets out how to determine the extent to which carried interest arising to an individual from an investment scheme is qualifying carried interest;</p></content></level><level class="para1"><num>(d)</num><content><p><ref href="#d28e68329">Part 4</ref> allows for an election to be made to treat carried interest as arising at an earlier time.</p></content></level></subsection><subsection><num>(5)</num><intro><p>A sum of carried interest arising to an individual from an investment scheme in a tax year is to be treated for the purposes of this section as not being a sum of carried interest to the extent that—</p></intro><level class="para1"><num>(a)</num><content><p>it is chargeable to income tax on the individual by virtue of section 62 (earnings) or Part 7 of ITEPA 2003 (employment income relating to securities) in the tax year, or</p></content></level><level class="para1"><num>(b)</num><content><p>an election made under <ref href="#d28e10835">section 23J</ref> that has effect for the tax year applies in relation to the sum.</p></content></level></subsection></section><section eId="d28e10835"><num>23J</num><heading>Election to disapply section 23I</heading><subsection><num>(1)</num><content><p>An individual who performs investment management services directly or indirectly in respect of an investment scheme under arrangements mentioned in <ref href="#d28e10663">section 23I</ref><ref href="#d28e10667">(1)</ref><ref href="#d28e10673">(a)</ref> may make an election under this section.</p></content></subsection><subsection><num>(2)</num><content><p>Where an election made under this section has effect for a tax year, the election applies in relation to a sum of carried interest arising to the individual under the arrangements in the tax year to the extent that the carried interest would, ignoring this group of sections, be brought into account in calculating the profits of a trade of the individual for the purposes of income tax for any tax year.</p></content></subsection><subsection><num>(3)</num><intro><p>An election made under this section—</p></intro><level class="para1"><num>(a)</num><content><p>must be made by notice given to an officer of Revenue and Customs, and</p></content></level><level class="para1"><num>(b)</num><content><p>may not be revoked.</p></content></level></subsection><subsection><num>(4)</num><intro><p>A notice making an election—</p></intro><level class="para1"><num>(a)</num><content><p>must state the tax year for which it is to have effect, and</p></content></level><level class="para1"><num>(b)</num><content><p>may not be given after 31 January following the end of that tax year.</p></content></level></subsection></section><section eId="d28e10900"><num>23K</num><heading>Location of trade treated as carried on under <ref href="#d28e10663">section 23I</ref> etc</heading><subsection><num>(1)</num><intro><p>An individual who is treated as carrying on a trade for a tax year under <ref href="#d28e10663">section 23I</ref> is treated as carrying on the trade—</p></intro><level class="para1"><num>(a)</num><content><p>wholly in the United Kingdom, if all of the applicable workdays are UK workdays;</p></content></level><level class="para1"><num>(b)</num><content><p>wholly outside the United Kingdom, if all of the applicable workdays are not UK workdays;</p></content></level><level class="para1"><num>(c)</num><content><p>otherwise, partly in the United Kingdom and partly outside the United Kingdom.</p></content></level></subsection><subsection eId="d28e10931"><num>(2)</num><content><p>Where the trade is treated as carried on partly in the United Kingdom and partly outside the United Kingdom, the amount to be treated as the profits arising from the part of the trade treated as carried on in the United Kingdom is the sum of the non-qualifying profits of that part of the trade and 72.5% of the qualifying profits of that part of the trade.</p></content></subsection><subsection eId="d28e10937"><num>(3)</num><intro><p>In <ref href="#d28e10931">subsection (2)</ref>—</p></intro><level class="para1" eId="d28e10946"><num>(a)</num><content><p>the amount of the non-qualifying profits of the part of the trade treated as carried on in the United Kingdom is the proportion of the non-qualifying profits of the trade (determined in accordance with <ref href="#d28e10663">section 23I</ref><ref href="#d28e10717">(3)</ref><ref href="#d28e10728">(a)</ref>) that is the same as the proportion of the applicable workdays that are UK workdays (but see <ref href="#d28e10978">subsection (4)</ref>);</p></content></level><level class="para1" eId="d28e10962"><num>(b)</num><content><p>the amount of the qualifying profits of the part of the trade treated as carried on in the United Kingdom is the proportion of the qualifying profits of the trade (determined in accordance with <ref href="#d28e10663">section 23I</ref><ref href="#d28e10717">(3)</ref><ref href="#d28e10749">(b)</ref>) that is the same as the proportion of the applicable workdays that are UK workdays (but see <ref href="#d28e11003">subsection (5)</ref>).</p></content></level></subsection><subsection eId="d28e10978"><num>(4)</num><intro><p>For the purposes of <ref href="#d28e10937">subsection (3)</ref><ref href="#d28e10946">(a)</ref> in a case where—</p></intro><level class="para1"><num>(a)</num><content><p>the individual is a non-UK resident for the tax year, and</p></content></level><level class="para1"><num>(b)</num><content><p>any of the non-qualifying profits of the trade are anticipated qualifying profits,</p></content></level><wrapUp><p>any UK workday in a non-UK tax year is not to be treated as a UK workday (but remains an applicable workday) for the purposes of determining the proportion of the anticipated qualifying profits that is an amount of non-qualifying profits of the part of the trade treated as carried on in the United Kingdom.</p></wrapUp></subsection><subsection eId="d28e11003"><num>(5)</num><intro><p>For the purposes of <ref href="#d28e10937">subsection (3)</ref><ref href="#d28e10962">(b)</ref> in a case where the individual is a non-UK resident for the tax year, the following days are not to be treated as UK workdays (but remain applicable workdays)—</p></intro><level class="para1"><num>(a)</num><content><p>any UK workday prior to 30 October 2024;</p></content></level><level class="para1"><num>(b)</num><content><p>any UK workday in a non-UK tax year;</p></content></level><level class="para1"><num>(c)</num><content><p>any UK workday prior to a period of 3 or more non-UK tax years.</p></content></level></subsection><subsection eId="d28e11032"><num>(6)</num><intro><p>For the purposes of this section—</p></intro><level class="para1"><num>(a)</num><content><p>a day is an “applicable workday” if it is a day in the relevant period on which the individual performs any investment management services directly or indirectly in respect of an investment scheme (whether or not under the arrangements mentioned in <ref href="#d28e10663">section 23I</ref><ref href="#d28e10667">(1)</ref><ref href="#d28e10673">(a)</ref>);</p></content></level><level class="para1"><num>(b)</num><content><p>a day is a “UK workday” if it is a day in the relevant period on which the individual spends more than 3 hours performing any investment management services directly or indirectly in respect of an investment scheme (whether or not under those arrangements) in the United Kingdom;</p></content></level><level class="para1"><num>(c)</num><content><p>a year is a “non-UK tax year” if the individual is a non-UK resident for the tax year and there are fewer than 60 UK workdays in the year;</p></content></level><level class="para1"><num>(d)</num><content><p>non-qualifying profits are “anticipated qualifying profits” if, on the first UK workday in the relevant period, it was reasonable to assume that they would be qualifying profits.</p></content></level></subsection><subsection><num>(7)</num><intro><p>For the purposes of <ref href="#d28e11032">subsection (6)</ref> the “relevant period” is the period—</p></intro><level class="para1"><num>(a)</num><intro><p>beginning with the later of—</p></intro><level class="para2"><num>(i)</num><content><p>the day on which the first external investor was admitted to any scheme from which the individual is entitled to carried interest under the arrangements mentioned in <ref href="#d28e10663">section 23I</ref><ref href="#d28e10667">(1)</ref><ref href="#d28e10673">(a)</ref>, and</p></content></level><level class="para2"><num>(ii)</num><content><p>the first day on which the individual performs any investment management services directly or indirectly in respect of an investment scheme under the arrangements;</p></content></level></level><level class="para1"><num>(b)</num><intro><p>ending with the earlier of—</p></intro><level class="para2"><num>(i)</num><content><p>the last day in the tax year for which the individual was treated as carrying on the trade under <ref href="#d28e10663">section 23I</ref> on which a sum of carried interest arose to the individual from an investment scheme under the arrangements for the purposes of that section, and</p></content></level><level class="para2"><num>(ii)</num><content><p>the last day on which the individual performed any investment management services directly or indirectly in respect of an investment scheme under the arrangements.</p></content></level></level></subsection><subsection><num>(8)</num><intro><p>For the purposes of <ref href="#d28e11032">subsection (6)</ref>—</p></intro><level class="para1"><num>(a)</num><content><p>investment management services performed by an individual in the course of travelling to or from the United Kingdom by air or sea or via a tunnel under the sea are assumed to be performed overseas even during the part of the journey in or over the United Kingdom, and</p></content></level><level class="para1"><num>(b)</num><intro><p>travelling to or from the United Kingdom is taken to—</p></intro><level class="para2"><num>(i)</num><content><p>begin when the individual boards the aircraft, ship or train that is bound for a destination in the United Kingdom or (as the case may be) overseas, and</p></content></level><level class="para2"><num>(ii)</num><content><p>end when the individual disembarks from that aircraft, ship or train.</p></content></level></level></subsection></section><section><num>23L</num><heading>Carried interest arising where individual deceased</heading><subsection><num>(1)</num><intro><p>This section applies where—</p></intro><level class="para1"><num>(a)</num><content><p>the individual referred to in <ref href="#d28e10663">section 23I</ref><ref href="#d28e10667">(1)</ref><ref href="#d28e10673">(a)</ref>has died, and</p></content></level><level class="para1"><num>(b)</num><content><p>as a result, one or more sums that would have been sums of carried interest arising to the individual from an investment scheme under the arrangements arise instead to another person in a tax year.</p></content></level></subsection><subsection><num>(2)</num><intro><p>For the purposes of sections <ref href="#d28e10663">23I</ref> and <ref href="#d28e10900">23K</ref>—</p></intro><level class="para1"><num>(a)</num><content><p>the sums are treated as if they had arisen to the individual in the tax year in which they arose to the other person,</p></content></level><level class="para1"><num>(b)</num><content><p>the other person is treated as carrying on the trade under <ref href="#d28e10663">section 23I</ref> for that tax year (instead of the individual), and</p></content></level><level class="para1"><num>(c)</num><content><p>the other person is treated as the person receiving or entitled to the profits of that trade.</p></content></level></subsection></section><section eId="d28e11225"><num>23M</num><heading>Temporary non-UK residents: tax treatment of accrued carried interest gains</heading><subsection><num>(1)</num><content><p>This section applies where, on the disposal of an asset by an individual who was temporarily non-resident in tax year 2025-26 or earlier, a gain accrued to the individual in the temporary period of non-residence under section 103KA(2) or (3) of TCGA 1992 (as it then had effect).</p></content></subsection><subsection><num>(2)</num><intro><p>For income tax purposes—</p></intro><level class="para1"><num>(a)</num><content><p>the individual is treated as carrying on a trade for the period of return,</p></content></level><level class="para1"><num>(b)</num><content><p>the amount to be treated as the profits of the trade for the period of return is 72.5% of the amount of the gain which accrued to the individual in the temporary period of non-residence, and</p></content></level><level class="para1"><num>(c)</num><content><p>the individual is treated as the person receiving or entitled to those profits.</p></content></level></subsection><subsection><num>(3)</num><content><p>For the purposes of this section, “<term refersTo="#term-the-period-of-return">the period of return</term>”, “<term refersTo="#term-temporarily-non-resident">temporarily non-resident</term>” and “<term refersTo="#term-the-temporary-period-of-non-residence">the temporary period of non-residence</term>” have the meanings given by Part 4 of Schedule 45 to FA 2013 (statutory residence test: anti-avoidance).</p></content></subsection></section><section eId="d28e11277"><num>23N</num><heading>Permitted deduction etc</heading><subsection eId="d28e11281"><num>(1)</num><intro><p>For the purpose of <ref href="#d28e10663">section 23I</ref> the amount of any “permitted deduction” for a tax year is—</p></intro><level class="para1"><num>(a)</num><content><p>the amount of any consideration given by or on behalf of the individual wholly and exclusively for the entitlement to carried interest under the arrangements referred to in <ref href="#d28e10663">section 23I</ref><ref href="#d28e10667">(1)</ref><ref href="#d28e10673">(a)</ref>, minus</p></content></level><level class="para1"><num>(b)</num><content><p>the amount of any such consideration deducted in calculating the profits of a trade that the individual is treated as carrying on under <ref href="#d28e10663">section 23I</ref> for an earlier tax year by virtue of those arrangements.</p></content></level></subsection><subsection><num>(2)</num><content><p>In <ref href="#d28e11281">subsection (1)</ref>, “<term refersTo="#term-consideration">consideration</term>” means consideration in money or money’s worth but does not include the performance of any investment management services directly or indirectly in respect of an investment scheme.</p></content></subsection><subsection><num>(3)</num><content><p>For the purposes of this Act no other deduction may be made from the amount treated as the profits of the trade under <ref href="#d28e10663">section 23I</ref>.</p></content></subsection></section><section><num>23P</num><heading>Carried interest: anti-avoidance</heading><subsection><num>(1)</num><intro><p>In determining whether section <ref href="#d28e10663">23I</ref> applies in relation to an individual, no regard is to be had to any arrangements the main purpose, or one of the main purposes, of which is to secure that that section does not to any extent apply in relation to—</p></intro><level class="para1"><num>(a)</num><content><p>the individual, or</p></content></level><level class="para1"><num>(b)</num><content><p>the individual and one or more other individuals.</p></content></level></subsection><subsection><num>(2)</num><content><p>In determining whether an individual falls within <ref href="#d28e10673">paragraph (a)</ref> of <ref href="#d28e10663">section 23I</ref><ref href="#d28e10667">(1)</ref>, no regard is to be had to any arrangements the main purpose, or one of the main purposes, of which is to secure that the individual falls within that paragraph.</p></content></subsection></section><section eId="d28e11378"><num>23Q</num><heading>Carried interest: avoidance of double taxation</heading><subsection><num>(1)</num><intro><p>Subsection <ref href="#d28e11410">(2)</ref> applies where—</p></intro><level class="para1"><num>(a)</num><content><p>an individual performs investment management services directly or indirectly in respect of an investment scheme under arrangements mentioned in <ref href="#d28e10663">section 23I</ref><ref href="#d28e10667">(1)</ref><ref href="#d28e10673">(a)</ref>, and</p></content></level><level class="para1"><num>(b)</num><content><p>the individual is entitled to carried interest under the arrangements.</p></content></level></subsection><subsection eId="d28e11410"><num>(2)</num><intro><p>No income tax is chargeable on the individual by virtue of the individual’s entitlement to carried interest other than—</p></intro><level class="para1"><num>(a)</num><intro><p>income tax chargeable in respect of carried interest arising to the individual under the arrangements—</p></intro><level class="para2"><num>(i)</num><content><p>by virtue of <ref href="#d28e10663">section 23I</ref> or <ref href="#d28e11225">23M</ref>,</p></content></level><level class="para2"><num>(ii)</num><content><p>by virtue of section 62 (earnings) or Part 7 of ITEPA 2003 (employment income relating to securities), or</p></content></level><level class="para2"><num>(iii)</num><content><p>where an election made under <ref href="#d28e10835">section 23J</ref> has effect for a tax year, otherwise under this Part, or</p></content></level></level><level class="para1"><num>(b)</num><intro><p>income tax chargeable in respect of—</p></intro><level class="para2"><num>(i)</num><content><p>the award of the entitlement to carried interest to the individual, or</p></content></level><level class="para2"><num>(ii)</num><content><p>the individual’s acquisition of the entitlement to carried interest,</p></content></level><wrapUp><p>whether by virtue of section 62 (earnings) or Part 7 of ITEPA 2003 (employment income relating to securities) or otherwise.</p></wrapUp></level></subsection><subsection eId="d28e11469"><num>(3)</num><intro><p>Subsection <ref href="#d28e11513">(4)</ref> applies where—</p></intro><level class="para1" eId="d28e11478"><num>(a)</num><content><p>an individual is chargeable to income tax and national insurance contributions by virtue of section <ref href="#d28e10663">23I</ref> or <ref href="#d28e11225">23M</ref> in respect of a sum of carried interest arising to the individual from an investment scheme, and</p></content></level><level class="para1" eId="d28e11490"><num>(b)</num><intro><p>at any time any other UK tax or national insurance contributions charged on any person—</p></intro><level class="para2"><num>(i)</num><content><p>in relation to the sum mentioned in <ref href="#d28e11478">paragraph (a)</ref>, or</p></content></level><level class="para2"><num>(ii)</num><content><p>or in respect of any person’s entitlement to that sum,</p></content></level><wrapUp><p>has or have been paid and not repaid.</p></wrapUp></level></subsection><subsection eId="d28e11513"><num>(4)</num><content><p>The individual may make a claim for one or more consequential adjustments to be made in respect of the profits chargeable by virtue of section <ref href="#d28e10663">23I</ref> or <ref href="#d28e11225">23M</ref> to take account of the amounts paid as mentioned in <ref href="#d28e11469">subsection (3)</ref><ref href="#d28e11490">(b)</ref>.</p></content></subsection><subsection><num>(5)</num><content><p>On a claim under this section an officer of Revenue and Customs must make such of the consequential adjustments claimed (if any) as are just and reasonable.</p></content></subsection><subsection><num>(6)</num><intro><p>Consequential adjustments in respect of the profits chargeable by virtue of section <ref href="#d28e10663">23I</ref> or <ref href="#d28e11225">23M</ref> must not have the effect that—</p></intro><level class="para1"><num>(a)</num><intro><p>the total of—</p></intro><level class="para2"><num>(i)</num><content><p>the amount of income tax and national insurance contributions charged on the adjusted profits by virtue of section <ref href="#d28e10663">23I</ref> or <ref href="#d28e11225">23M</ref>, and</p></content></level><level class="para2"><num>(ii)</num><content><p>any amounts paid as mentioned in <ref href="#d28e11469">subsection (3)</ref><ref href="#d28e11490">(b)</ref>, is less than</p></content></level></level><level class="para1"><num>(b)</num><content><p>the amount of income tax and national insurance contributions to which the individual was chargeable by virtue of section <ref href="#d28e10663">23I</ref> or <ref href="#d28e11225">23M</ref> in respect of the sum of carried interest before the making of any consequential adjustments.</p></content></level></subsection><subsection><num>(7)</num><intro><p>Consequential adjustments may be made—</p></intro><level class="para1"><num>(a)</num><content><p>in respect of any period,</p></content></level><level class="para1"><num>(b)</num><content><p>by way of an assessment, the modification of an assessment, the amendment of a claim, or otherwise, and</p></content></level><level class="para1"><num>(c)</num><content><p>despite any time limit imposed by or under an enactment.</p></content></level></subsection><subsection><num>(8)</num><content><p>In this section “<term refersTo="#term-uk-tax">UK tax</term>” means income tax, corporation tax, capital gains tax or inheritance tax.</p></content></subsection><subsection><num>(9)</num><content><p>For the purposes of section 9(2) of TIOPA 2010 (unilateral entitlement to credit for non-UK tax corresponding to capital gains tax), in a case where the capital gain mentioned in subsection (2)(b) of that section accrued on a sum of carried interest arising to an individual, the reference to capital gains tax calculated by reference to that gain is to be read as if it were a reference to income tax chargeable under section <ref href="#d28e10663">23I</ref> in respect of the sum of carried interest.</p></content></subsection></section><section eId="d28e11634"><num>23R</num><heading>Definitions</heading><subsection><num>(1)</num><intro><p>In this section, this group of sections and <ref href="#d28e63902">Schedule A1</ref>—</p></intro><hcontainer name="definition"><intro><p>“<term refersTo="#term-aif">AIF</term>” has the meaning given by regulation 3 of the Alternative Investment Fund Managers Regulations 2013 and includes—</p></intro><level class="para1"><num>(a)</num><content><p>arrangements which permit an external investor to participate in investments acquired by the AIF without participating in the AIF itself, and</p></content></level><level class="para1"><num>(b)</num><content><p>arrangements under which sums arise to an individual performing investment management services in respect of the AIF without those sums arising from the AIF itself;</p></content></level></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-arrangements">arrangements</term>” includes any agreement, understanding, scheme, transaction or series of transactions (whether or not legally enforceable);</p></content></hcontainer><hcontainer name="definition"><intro><p>“<term refersTo="#term-collective-investment-scheme">collective investment scheme</term>” has the meaning given by section 235 of FISMA 2000 and includes—</p></intro><level class="para1"><num>(a)</num><content><p>arrangements which permit an external investor to participate in investments acquired by the collective investment scheme without participating in the scheme itself, and</p></content></level><level class="para1"><num>(b)</num><content><p>arrangements under which sums arise to an individual performing investment management services in respect of the collective investment scheme without those sums arising from the scheme itself;</p></content></level></hcontainer><hcontainer name="definition"><intro><p>“<term refersTo="#term-external-investor">external investor</term>”, in relation to an investment scheme and any arrangements, means a participant in the scheme other than—</p></intro><level class="para1"><num>(a)</num><content><p>an individual who at any time performs or is to perform investment management services directly or indirectly in respect of the scheme, or</p></content></level><level class="para1"><num>(b)</num><content><p>a person through whom sums are to, or may, arise directly or indirectly to such an individual from the scheme under the arrangements;</p></content></level></hcontainer><hcontainer name="definition"><intro><p>“<term refersTo="#term-investment-management-services">investment management services</term>”, in relation to an investment scheme, includes—</p></intro><level class="para1"><num>(a)</num><content><p>the provision of investment advice,</p></content></level><level class="para1"><num>(b)</num><content><p>seeking funds for the purposes of the scheme from participants or potential participants,</p></content></level><level class="para1"><num>(c)</num><content><p>researching potential investments to be made for the purposes of the scheme,</p></content></level><level class="para1"><num>(d)</num><content><p>acquiring, managing or disposing of property for the purposes of the scheme,</p></content></level><level class="para1"><num>(e)</num><content><p>acting for the purposes of the scheme with a view to assisting a body in which the scheme has made an investment to raise funds, and</p></content></level><level class="para1"><num>(f)</num><content><p>any activity incidental or ancillary to any activity mentioned in paragraphs <ref href="#d28e11711">(a)</ref> to <ref href="#d28e11727">(e)</ref>;</p></content></level></hcontainer><hcontainer name="definition"><intro><p>“<term refersTo="#term-investment-scheme">investment scheme</term>” means—</p></intro><level class="para1"><num>(a)</num><content><p>a collective investment scheme, or</p></content></level><level class="para1"><num>(b)</num><content><p>an AIF, or any part of an AIF, that is not a collective investment scheme;</p></content></level></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-participant">participant</term>”, in relation to an investment scheme, means a person taking part in the scheme, whether by becoming the owner of, or of any part of, the property that is the subject of the scheme or otherwise;</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-sum">sum</term>” includes any money or money's worth (and other expressions are to be construed accordingly);</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-this-group-of-sections">this group of sections</term>” means sections <ref href="#d28e10663">23I</ref> to <ref href="#d28e11378">23Q</ref>.</p></content></hcontainer></subsection><subsection><num>(2)</num><intro><p>For the purposes of <ref href="#d28e10900">section 23K</ref> and <ref href="#d28e63902">Schedule A1</ref>, in determining what it is reasonable to assume in relation to an investment scheme, regard is to be had to all the circumstances including in particular any prospectus or other document which—</p></intro><level class="para1"><num>(a)</num><content><p>is made available to external investors in the investment scheme, and</p></content></level><level class="para1"><num>(b)</num><content><p>on which external investors may reasonably be supposed to have relied or been able to rely.</p></content></level></subsection></section></hcontainer></quotedStructure></mod></p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-58-3"><num>(3)</num><content><p><mod>In section 7 (income charged), in subsection (1), after “section 23E(1)” insert <quotedText>“, <ref href="#d28e10663">section 23I</ref> or <ref href="#d28e11225">section 23M</ref>”</quotedText>.</mod></p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" xmlns:default="http://www.w3.org/1999/xhtml" eId="section-58-4"><num>(4)</num><intro><p>In section 845H (qualifying foreign income)—</p></intro><level class="para1" eId="section-58-4-a"><num>(a)</num><content><p><mod>in row 1 of the table at the end insert <quotedText>“other than profits of such a trade treated as carried on under <ref href="#d28e10663">section 23I</ref>”</quotedText>;</mod></p></content></level><level class="para1" eId="section-58-4-b"><num>(b)</num><content><p><mod>after row 1 of the table insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><tblock class="table" ukl:Orientation="portrait"><foreign><default:table xmlns="http://www.w3.org/1999/xhtml"><default:colgroup><default:col span="1" style="width:10%"/><default:col span="1" style="width:90%"/></default:colgroup><default:tbody><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">1A</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">72.5% of the amount of the qualifying profits (within the meaning of <ref href="#d28e10663">section 23I</ref>) of a trade treated as carried on under <ref href="#d28e10663">section 23I</ref> that do not arise from the part of a trade treated as carried on in the United Kingdom (see <ref href="#d28e10900">section 23K</ref>).
</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">1B</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">The foreign pre-arrival proportion of the non-qualifying profits (within the meaning of section 23I) of a trade treated as carried on under <ref href="#d28e10663">section 23I</ref>.</p><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">The foreign pre-arrival proportion is the proportion of the applicable workdays (within the meaning of <ref href="#d28e10900">section 23K</ref>) that fall within the pre-arrival period and are not UK workdays (within the meaning of <ref href="#d28e10900">section 23K</ref>).</p><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">The pre-arrival period is the period ending immediately before the individual became a qualifying new resident that consists only of tax years for which the individual was non-UK resident.</p></default:td></default:tr></default:tbody></default:table></foreign></tblock></quotedStructure></mod></p></content></level></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-58-4-a"><num>(a)</num><content><p><mod>in row 1 of the table at the end insert <quotedText>“other than profits of such a trade treated as carried on under <ref href="#d28e10663">section 23I</ref>”</quotedText>;</mod></p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" xmlns:default="http://www.w3.org/1999/xhtml" class="para1" eId="section-58-4-b"><num>(b)</num><content><p><mod>after row 1 of the table insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><tblock class="table" ukl:Orientation="portrait"><foreign><default:table xmlns="http://www.w3.org/1999/xhtml"><default:colgroup><default:col span="1" style="width:10%"/><default:col span="1" style="width:90%"/></default:colgroup><default:tbody><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">1A</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">72.5% of the amount of the qualifying profits (within the meaning of <ref href="#d28e10663">section 23I</ref>) of a trade treated as carried on under <ref href="#d28e10663">section 23I</ref> that do not arise from the part of a trade treated as carried on in the United Kingdom (see <ref href="#d28e10900">section 23K</ref>).
</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">1B</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">The foreign pre-arrival proportion of the non-qualifying profits (within the meaning of section 23I) of a trade treated as carried on under <ref href="#d28e10663">section 23I</ref>.</p><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">The foreign pre-arrival proportion is the proportion of the applicable workdays (within the meaning of <ref href="#d28e10900">section 23K</ref>) that fall within the pre-arrival period and are not UK workdays (within the meaning of <ref href="#d28e10900">section 23K</ref>).</p><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">The pre-arrival period is the period ending immediately before the individual became a qualifying new resident that consists only of tax years for which the individual was non-UK resident.</p></default:td></default:tr></default:tbody></default:table></foreign></tblock></quotedStructure></mod></p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-58-5"><num>(5)</num><intro><p>In <ref href="#schedule-11">Schedule 11</ref>—</p></intro><level class="para1" eId="section-58-5-a"><num>(a)</num><content><p>Part 1 inserts Schedule A1 to ITTOIA 2005 (Carried interest: interpretation etc.);</p></content></level><level class="para1" eId="section-58-5-b"><num>(b)</num><content><p>Part 2 contains consequential and connected amendments.</p></content></level></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-58-5-a"><num>(a)</num><content><p>Part 1 inserts Schedule A1 to ITTOIA 2005 (Carried interest: interpretation etc.);</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-58-5-b"><num>(b)</num><content><p>Part 2 contains consequential and connected amendments.</p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-58-6"><num>(6)</num><content><p>The amendments made by this section and that Schedule have effect for the tax year 2026-27 and subsequent tax years (but in relation to investment management services whenever performed).</p></content></subsection>
<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="section-59"><num>59</num><heading>Pensions: abolition of the lifetime allowance charge</heading><subsection eId="section-59-1"><num>(1)</num><content><p>Paragraph 134 of Schedule 9 to FA 2024 (power to make further provision in connection with the abolition of the lifetime allowance charge) is amended as follows.</p></content></subsection><subsection eId="section-59-2"><num>(2)</num><intro><p>In sub-paragraph (2)—</p></intro><level class="para1" eId="section-59-2-a"><num>(a)</num><content><p><mod>for paragraph (b) substitute—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><level class="para1"><num>(b)</num><content><p>have effect for the tax years 2024-25 and 2025-26 (as well as subsequent tax years);</p></content></level></quotedStructure><inline name="appendText">;</inline></mod></p></content></level><level class="para1" eId="section-59-2-b"><num>(b)</num><content><p><mod>in paragraph (d), at the end insert <quotedText><quotedText>“(including any provision that could be made under paragraph 133)”</quotedText></quotedText>.</mod></p></content></level></subsection><subsection eId="section-59-3"><num>(3)</num><content><p>In sub-paragraph (3) omit “that increase any person’s liability to tax”.</p></content></subsection><subsection eId="section-59-4"><num>(4)</num><content><p><mod>In sub-paragraph (4), for <quotedText>“5 April”</quotedText> substitute <quotedText><quotedText>“30 June”</quotedText></quotedText>.</mod></p></content></subsection></section>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-59-1"><num>(1)</num><content><p>Paragraph 134 of Schedule 9 to FA 2024 (power to make further provision in connection with the abolition of the lifetime allowance charge) is amended as follows.</p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="section-59-2"><num>(2)</num><intro><p>In sub-paragraph (2)—</p></intro><level class="para1" eId="section-59-2-a"><num>(a)</num><content><p><mod>for paragraph (b) substitute—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><level class="para1"><num>(b)</num><content><p>have effect for the tax years 2024-25 and 2025-26 (as well as subsequent tax years);</p></content></level></quotedStructure><inline name="appendText">;</inline></mod></p></content></level><level class="para1" eId="section-59-2-b"><num>(b)</num><content><p><mod>in paragraph (d), at the end insert <quotedText><quotedText>“(including any provision that could be made under paragraph 133)”</quotedText></quotedText>.</mod></p></content></level></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" class="para1" eId="section-59-2-a"><num>(a)</num><content><p><mod>for paragraph (b) substitute—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><level class="para1"><num>(b)</num><content><p>have effect for the tax years 2024-25 and 2025-26 (as well as subsequent tax years);</p></content></level></quotedStructure><inline name="appendText">;</inline></mod></p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-59-2-b"><num>(b)</num><content><p><mod>in paragraph (d), at the end insert <quotedText><quotedText>“(including any provision that could be made under paragraph 133)”</quotedText></quotedText>.</mod></p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-59-3"><num>(3)</num><content><p>In sub-paragraph (3) omit “that increase any person’s liability to tax”.</p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-59-4"><num>(4)</num><content><p><mod>In sub-paragraph (4), for <quotedText>“5 April”</quotedText> substitute <quotedText><quotedText>“30 June”</quotedText></quotedText>.</mod></p></content></subsection>
<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" xmlns:default="http://www.w3.org/1999/xhtml" eId="section-60"><num>60</num><heading>Collective money purchase schemes and Master Trust schemes</heading><subsection eId="section-60-1"><num>(1)</num><content><p><ref eId="c00090" href="https://www.legislation.gov.uk/ukpga/2004/12/part/4">Part 4</ref> of <ref eId="c00091" href="https://www.legislation.gov.uk/ukpga/2004/12/contents">FA 2004</ref> (pension schemes) is amended in accordance with subsections <ref href="#section-60-2">(2)</ref> to <ref href="#section-60-9">(9)</ref>.</p></content></subsection><subsection eId="section-60-2"><num>(2)</num><intro><p>In <ref eId="c00092" href="https://www.legislation.gov.uk/ukpga/2004/12/section/153">section 153</ref> (registration of pension schemes), in <ref eId="c00093" href="https://www.legislation.gov.uk/ukpga/2004/12/section/153">subsection (5)</ref>—</p></intro><level class="para1" eId="section-60-2-a"><num>(a)</num><content><p>omit the “or” at the end each of paragraphs (f), (g) and (h);</p></content></level><level class="para1" eId="section-60-2-b"><num>(b)</num><content><p><mod> at the end of <ref eId="c00094" href="https://www.legislation.gov.uk/ukpga/2004/12/section/153">paragraph (i)</ref> insert <quotedText startQuote="“">, or</quotedText><quotedStructure endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="default"><level class="para1"><num>(j)</num><content><p>the pension scheme is an unauthorised collective money purchase scheme.</p></content></level></quotedStructure></mod></p></content></level></subsection><subsection eId="section-60-3"><num>(3)</num><intro><p>In <ref eId="c00095" href="https://www.legislation.gov.uk/ukpga/2004/12/section/158">section 158</ref> (grounds for de-registration), in <ref eId="c00096" href="https://www.legislation.gov.uk/ukpga/2004/12/section/158">subsection (1)</ref>—</p></intro><level class="para1" eId="section-60-3-a"><num>(a)</num><content><p>omit the “or” at the end of each of paragraphs (ea), (f) and (g);</p></content></level><level class="para1" eId="section-60-3-b"><num>(b)</num><content><p><mod>in paragraph (h), after “that the” insert <quotedText>“pension”</quotedText>;</mod></p></content></level><level class="para1" eId="section-60-3-c"><num>(c)</num><content><p><mod>at the end of <ref eId="c00097" href="https://www.legislation.gov.uk/ukpga/2004/12/section/158">paragraph (h)</ref> insert <quotedText startQuote="“">, or</quotedText><quotedStructure endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="default"><level class="para1"><num>(i)</num><content><p>that the pension scheme is an unauthorised collective money purchase scheme.</p></content></level></quotedStructure></mod></p></content></level></subsection><subsection eId="section-60-4"><num>(4)</num><content><p><mod>For the italic heading before <ref eId="c00098" href="https://www.legislation.gov.uk/ukpga/2004/12/section/274ZA">section 274ZA</ref> substitute <quotedText>“Master Trust schemes, collective money purchase schemes etc”</quotedText>.</mod></p></content></subsection><subsection eId="section-60-5"><num>(5)</num><content><p><mod>Before <ref eId="c00099" href="https://www.legislation.gov.uk/ukpga/2004/12/section/274ZA">section 274ZA</ref> (but after the italic heading) insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><section eId="d28e12110"><num>274ZZA</num><heading>Master Trust schemes</heading><subsection><num>(1)</num><content><p>In this Part “<term refersTo="#term-master-trust-scheme">Master Trust scheme</term>” means (subject to <ref href="#d28e12129">subsections (2)</ref> to <ref href="#d28e12141">(4)</ref>) a Master Trust scheme within the meaning of PSA 2017 or PSA(NI) 2021.</p></content></subsection><subsection eId="d28e12129"><num>(2)</num><content><p>Any provision of PSA 2017 or PSA(NI) 2021 under which a reference to a Master Trust scheme does not include a section of it that is a collective money purchase scheme (within the meaning of that Act) does not apply for the purposes of subsection (1).</p></content></subsection><subsection><num>(3)</num><content><p>Section 1(2) of PSA 2017 and section 1(2) of PSA(NI) 2021 (which restrict the meaning of “Master Trust scheme” in the case of schemes that provide benefits other than money purchase benefits) do not apply for the purposes of subsection (1).</p></content></subsection><subsection eId="d28e12141"><num>(4)</num><content><p>Where, by virtue of section 40(2) of PSA 2017 or section 40(2) of PSA(NI) 2021, more than one pension scheme is treated as a single Master Trust scheme for the purposes of that Act, each of those pension schemes is a Master Trust scheme for the purposes of this Part.</p></content></subsection><subsection eId="d28e12147"><num>(5)</num><intro><p>For the purposes of this Part a pension scheme is an “unauthorised Master Trust scheme” if—</p></intro><level class="para1"><num>(a)</num><content><p>it is a Master Trust scheme the lawful operation of which, or of any section or part of which, requires authorisation under PSA 2017 or PSA(NI) 2021, or</p></content></level><level class="para1"><num>(b)</num><content><p>it is not a Master Trust scheme but, by virtue of section 40(1)(a) of PSA 2017 or section 40(1)(a) of PSA(NI) 2021, the lawful operation of the pension scheme, or of any section or part of it, requires authorisation under that Act,</p></content></level><wrapUp><p>and such authorisation has not been granted, or has been granted but has been withdrawn.</p></wrapUp></subsection><subsection><num>(6)</num><intro><p>In this section—</p></intro><hcontainer name="definition"><content><p>“<term refersTo="#term-psa-2017">PSA 2017</term>” means the Pension Schemes Act 2017;</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-psa(ni)-2021">PSA(NI) 2021</term>” means the Pension Schemes Act (Northern Ireland) 2021.</p></content></hcontainer></subsection></section><section eId="d28e12191"><num>274ZZB</num><heading>Collective money purchase schemes</heading><subsection eId="d28e12195"><num>(1)</num><content><p>In this Part “<term refersTo="#term-collective-money-purchase-scheme">collective money purchase scheme</term>” means (subject to <ref href="#d28e12207">subsection (2)</ref>) a collective money purchase scheme within the meaning of Part 1 or 2 of the Pension Schemes Act 2021.</p></content></subsection><subsection eId="d28e12207"><num>(2)</num><content><p>A reference in this Part to a collective money purchase scheme is, in relation to a relevant divided pension scheme, a reference to the pension scheme as a whole (and is not a reference to any of its sections considered separately).</p></content></subsection><subsection><num>(3)</num><content><p>In this section “<term refersTo="#term-relevant-divided-pension-scheme">relevant divided pension scheme</term>” means a pension scheme which is divided into sections at least one of which is a collective money purchase scheme under <ref href="#d28e12195">subsection (1)</ref>.</p></content></subsection><subsection eId="d28e12225"><num>(4)</num><intro><p>For the purposes of this Part a pension scheme is an “unauthorised collective money purchase scheme” if—</p></intro><level class="para1"><num>(a)</num><content><p>the lawful operation of the pension scheme, or (in the case of a relevant divided pension scheme) of any section of it, requires authorisation under <ref eId="c00100" href="https://www.legislation.gov.uk/ukpga/2021/1/part/1">Part 1</ref> or <ref eId="c00101" href="https://www.legislation.gov.uk/ukpga/2021/1/part/2">2</ref> of the <ref eId="c00102" href="https://www.legislation.gov.uk/ukpga/2021/1/contents">Pension Schemes Act 2021</ref>, and</p></content></level><level class="para1"><num>(b)</num><content><p>such authorisation has not been granted, or has been granted but has been withdrawn.</p></content></level></subsection></section><section eId="d28e12255"><num>274ZZC</num><heading>Power to make provision about collective money purchase schemes</heading><subsection><num>(1)</num><intro><p>The Commissioners for His Majesty’s Revenue and Customs may by regulations amend or otherwise modify any provision of this Part in its application in relation to—</p></intro><level class="para1"><num>(a)</num><content><p>a collective money purchase scheme, or</p></content></level><level class="para1"><num>(b)</num><content><p>any benefits payable, or arrangements, under such a pension scheme.</p></content></level></subsection><subsection><num>(2)</num><intro><p>Regulations under this section—</p></intro><level class="para1"><num>(a)</num><content><p>may make different provision for different cases;</p></content></level><level class="para1"><num>(b)</num><content><p>may include transitional or saving provision.</p></content></level></subsection></section></quotedStructure></mod></p></content></subsection><subsection eId="section-60-6"><num>(6)</num><intro><p><ref eId="c00103" href="https://www.legislation.gov.uk/ukpga/2004/12/section/274ZA">Section 274ZA</ref> (National Employment Savings Trust and Master Trust schemes) is amended as follows—</p></intro><level class="para1" eId="section-60-6-a"><num>(a)</num><content><p><mod>for the heading substitute <quotedText>“Schemes treated as occupational pension schemes”</quotedText>;</mod></p></content></level><level class="para1" eId="section-60-6-b"><num>(b)</num><content><p><mod>after <ref eId="c00104" href="https://www.legislation.gov.uk/ukpga/2004/12/section/274ZA">subsection (2)</ref> insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><subsection><num>(3)</num><intro><p>This Part applies in relation to a pension scheme that—</p></intro><level class="para1"><num>(a)</num><content><p>is a collective money purchase scheme, and</p></content></level><level class="para1"><num>(b)</num><content><p>is not an occupational pension scheme,</p></content></level><wrapUp><p>as it applies in relation to an occupational pension scheme.</p></wrapUp></subsection></quotedStructure></mod></p></content></level></subsection><subsection eId="section-60-7"><num>(7)</num><content><p>In <ref eId="c00105" href="https://www.legislation.gov.uk/ukpga/2004/12/section/279">section 279</ref> (other definitions), omit <ref eId="c00106" href="https://www.legislation.gov.uk/ukpga/2004/12/section/279">subsections (1B) to (1D)</ref>.</p></content></subsection><subsection eId="section-60-8"><num>(8)</num><intro><p>In <ref eId="c00107" href="https://www.legislation.gov.uk/ukpga/2004/12/section/280">section 280</ref><ref eId="c00108" href="https://www.legislation.gov.uk/ukpga/2004/12/section/280">(2)</ref> (general index), in the table—</p></intro><level class="para1" eId="section-60-8-a"><num>(a)</num><content><p><mod>in the definition of “Master Trust scheme”, for the entry in the second column substitute <quotedText>“<ref href="#d28e12110">section 274ZZA</ref>”</quotedText>;</mod></p></content></level><level class="para1" eId="section-60-8-b"><num>(b)</num><content><p>omit the definition of “unauthorised (in relation to a Master Trust scheme)”;</p></content></level><level class="para1" eId="section-60-8-c"><num>(c)</num><content><p><mod>at the appropriate places insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><tblock class="table" ukl:Orientation="portrait"><foreign><default:table xmlns="http://www.w3.org/1999/xhtml"><default:colgroup><default:col style="width:70%"/><default:col style="width:30%"/></default:colgroup><default:tbody><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">collective money purchase scheme</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0"><ref href="#d28e12191">section 274ZZB</ref></p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">unauthorised collective money purchase scheme</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0"><ref href="#d28e12191">section 274ZZB</ref><ref href="#d28e12225">(4)</ref></p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">unauthorised Master Trust scheme</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0"><ref href="#d28e12110">section 274ZZA</ref><ref href="#d28e12147">(5)</ref></p></default:td></default:tr></default:tbody></default:table></foreign></tblock></quotedStructure><inline name="appendText">.</inline></mod></p></content></level></subsection><subsection eId="section-60-9"><num>(9)</num><content><p><mod>In <ref eId="c00109" href="https://www.legislation.gov.uk/ukpga/2004/12/section/282">section 282</ref> (orders and regulations), after <ref eId="c00110" href="https://www.legislation.gov.uk/ukpga/2004/12/section/282">subsection (1A)</ref> insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><subsection><num>(1B)</num><content><p>No regulations may be made under section <ref href="#d28e12255">274ZZC</ref> (power to make provision about collective money purchase schemes) that increase any person’s liability to tax unless a draft of the statutory instrument containing them has been laid before, and approved by a resolution of, the House of Commons.</p></content></subsection></quotedStructure></mod></p></content></subsection><subsection eId="section-60-10"><num>(10)</num><content><p><mod>In <ref eId="c00111" href="https://www.legislation.gov.uk/ukpga/2018/3/contents">FA 2018</ref>, in <ref eId="c00112" href="https://www.legislation.gov.uk/ukpga/2018/3/schedule/3">Schedule 3</ref> (pension schemes), in <ref eId="c00113" href="https://www.legislation.gov.uk/ukpga/2018/3/schedule/3/paragraph/4">paragraph 4</ref> (Master Trust schemes registered before passing of FA 2018), in <ref eId="c00114" href="https://www.legislation.gov.uk/ukpga/2018/3/schedule/3/paragraph/4">sub-paragraph (2)</ref>, for “Section 274B(2) of FA 2004 (as inserted by paragraph 1(5))” substitute <quotedText>“Section 274ZA(2) of FA 2004”</quotedText>.</mod></p></content></subsection></section>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-60-1"><num>(1)</num><content><p><ref eId="c00090" href="https://www.legislation.gov.uk/ukpga/2004/12/part/4">Part 4</ref> of <ref eId="c00091" href="https://www.legislation.gov.uk/ukpga/2004/12/contents">FA 2004</ref> (pension schemes) is amended in accordance with subsections <ref href="#section-60-2">(2)</ref> to <ref href="#section-60-9">(9)</ref>.</p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="section-60-2"><num>(2)</num><intro><p>In <ref eId="c00092" href="https://www.legislation.gov.uk/ukpga/2004/12/section/153">section 153</ref> (registration of pension schemes), in <ref eId="c00093" href="https://www.legislation.gov.uk/ukpga/2004/12/section/153">subsection (5)</ref>—</p></intro><level class="para1" eId="section-60-2-a"><num>(a)</num><content><p>omit the “or” at the end each of paragraphs (f), (g) and (h);</p></content></level><level class="para1" eId="section-60-2-b"><num>(b)</num><content><p><mod> at the end of <ref eId="c00094" href="https://www.legislation.gov.uk/ukpga/2004/12/section/153">paragraph (i)</ref> insert <quotedText startQuote="“">, or</quotedText><quotedStructure endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="default"><level class="para1"><num>(j)</num><content><p>the pension scheme is an unauthorised collective money purchase scheme.</p></content></level></quotedStructure></mod></p></content></level></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-60-2-a"><num>(a)</num><content><p>omit the “or” at the end each of paragraphs (f), (g) and (h);</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" class="para1" eId="section-60-2-b"><num>(b)</num><content><p><mod> at the end of <ref eId="c00094" href="https://www.legislation.gov.uk/ukpga/2004/12/section/153">paragraph (i)</ref> insert <quotedText startQuote="“">, or</quotedText><quotedStructure endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="default"><level class="para1"><num>(j)</num><content><p>the pension scheme is an unauthorised collective money purchase scheme.</p></content></level></quotedStructure></mod></p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="section-60-3"><num>(3)</num><intro><p>In <ref eId="c00095" href="https://www.legislation.gov.uk/ukpga/2004/12/section/158">section 158</ref> (grounds for de-registration), in <ref eId="c00096" href="https://www.legislation.gov.uk/ukpga/2004/12/section/158">subsection (1)</ref>—</p></intro><level class="para1" eId="section-60-3-a"><num>(a)</num><content><p>omit the “or” at the end of each of paragraphs (ea), (f) and (g);</p></content></level><level class="para1" eId="section-60-3-b"><num>(b)</num><content><p><mod>in paragraph (h), after “that the” insert <quotedText>“pension”</quotedText>;</mod></p></content></level><level class="para1" eId="section-60-3-c"><num>(c)</num><content><p><mod>at the end of <ref eId="c00097" href="https://www.legislation.gov.uk/ukpga/2004/12/section/158">paragraph (h)</ref> insert <quotedText startQuote="“">, or</quotedText><quotedStructure endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="default"><level class="para1"><num>(i)</num><content><p>that the pension scheme is an unauthorised collective money purchase scheme.</p></content></level></quotedStructure></mod></p></content></level></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-60-3-a"><num>(a)</num><content><p>omit the “or” at the end of each of paragraphs (ea), (f) and (g);</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-60-3-b"><num>(b)</num><content><p><mod>in paragraph (h), after “that the” insert <quotedText>“pension”</quotedText>;</mod></p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" class="para1" eId="section-60-3-c"><num>(c)</num><content><p><mod>at the end of <ref eId="c00097" href="https://www.legislation.gov.uk/ukpga/2004/12/section/158">paragraph (h)</ref> insert <quotedText startQuote="“">, or</quotedText><quotedStructure endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="default"><level class="para1"><num>(i)</num><content><p>that the pension scheme is an unauthorised collective money purchase scheme.</p></content></level></quotedStructure></mod></p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-60-4"><num>(4)</num><content><p><mod>For the italic heading before <ref eId="c00098" href="https://www.legislation.gov.uk/ukpga/2004/12/section/274ZA">section 274ZA</ref> substitute <quotedText>“Master Trust schemes, collective money purchase schemes etc”</quotedText>.</mod></p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="section-60-5"><num>(5)</num><content><p><mod>Before <ref eId="c00099" href="https://www.legislation.gov.uk/ukpga/2004/12/section/274ZA">section 274ZA</ref> (but after the italic heading) insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><section eId="d28e12110"><num>274ZZA</num><heading>Master Trust schemes</heading><subsection><num>(1)</num><content><p>In this Part “<term refersTo="#term-master-trust-scheme">Master Trust scheme</term>” means (subject to <ref href="#d28e12129">subsections (2)</ref> to <ref href="#d28e12141">(4)</ref>) a Master Trust scheme within the meaning of PSA 2017 or PSA(NI) 2021.</p></content></subsection><subsection eId="d28e12129"><num>(2)</num><content><p>Any provision of PSA 2017 or PSA(NI) 2021 under which a reference to a Master Trust scheme does not include a section of it that is a collective money purchase scheme (within the meaning of that Act) does not apply for the purposes of subsection (1).</p></content></subsection><subsection><num>(3)</num><content><p>Section 1(2) of PSA 2017 and section 1(2) of PSA(NI) 2021 (which restrict the meaning of “Master Trust scheme” in the case of schemes that provide benefits other than money purchase benefits) do not apply for the purposes of subsection (1).</p></content></subsection><subsection eId="d28e12141"><num>(4)</num><content><p>Where, by virtue of section 40(2) of PSA 2017 or section 40(2) of PSA(NI) 2021, more than one pension scheme is treated as a single Master Trust scheme for the purposes of that Act, each of those pension schemes is a Master Trust scheme for the purposes of this Part.</p></content></subsection><subsection eId="d28e12147"><num>(5)</num><intro><p>For the purposes of this Part a pension scheme is an “unauthorised Master Trust scheme” if—</p></intro><level class="para1"><num>(a)</num><content><p>it is a Master Trust scheme the lawful operation of which, or of any section or part of which, requires authorisation under PSA 2017 or PSA(NI) 2021, or</p></content></level><level class="para1"><num>(b)</num><content><p>it is not a Master Trust scheme but, by virtue of section 40(1)(a) of PSA 2017 or section 40(1)(a) of PSA(NI) 2021, the lawful operation of the pension scheme, or of any section or part of it, requires authorisation under that Act,</p></content></level><wrapUp><p>and such authorisation has not been granted, or has been granted but has been withdrawn.</p></wrapUp></subsection><subsection><num>(6)</num><intro><p>In this section—</p></intro><hcontainer name="definition"><content><p>“<term refersTo="#term-psa-2017">PSA 2017</term>” means the Pension Schemes Act 2017;</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-psa(ni)-2021">PSA(NI) 2021</term>” means the Pension Schemes Act (Northern Ireland) 2021.</p></content></hcontainer></subsection></section><section eId="d28e12191"><num>274ZZB</num><heading>Collective money purchase schemes</heading><subsection eId="d28e12195"><num>(1)</num><content><p>In this Part “<term refersTo="#term-collective-money-purchase-scheme">collective money purchase scheme</term>” means (subject to <ref href="#d28e12207">subsection (2)</ref>) a collective money purchase scheme within the meaning of Part 1 or 2 of the Pension Schemes Act 2021.</p></content></subsection><subsection eId="d28e12207"><num>(2)</num><content><p>A reference in this Part to a collective money purchase scheme is, in relation to a relevant divided pension scheme, a reference to the pension scheme as a whole (and is not a reference to any of its sections considered separately).</p></content></subsection><subsection><num>(3)</num><content><p>In this section “<term refersTo="#term-relevant-divided-pension-scheme">relevant divided pension scheme</term>” means a pension scheme which is divided into sections at least one of which is a collective money purchase scheme under <ref href="#d28e12195">subsection (1)</ref>.</p></content></subsection><subsection eId="d28e12225"><num>(4)</num><intro><p>For the purposes of this Part a pension scheme is an “unauthorised collective money purchase scheme” if—</p></intro><level class="para1"><num>(a)</num><content><p>the lawful operation of the pension scheme, or (in the case of a relevant divided pension scheme) of any section of it, requires authorisation under <ref eId="c00100" href="https://www.legislation.gov.uk/ukpga/2021/1/part/1">Part 1</ref> or <ref eId="c00101" href="https://www.legislation.gov.uk/ukpga/2021/1/part/2">2</ref> of the <ref eId="c00102" href="https://www.legislation.gov.uk/ukpga/2021/1/contents">Pension Schemes Act 2021</ref>, and</p></content></level><level class="para1"><num>(b)</num><content><p>such authorisation has not been granted, or has been granted but has been withdrawn.</p></content></level></subsection></section><section eId="d28e12255"><num>274ZZC</num><heading>Power to make provision about collective money purchase schemes</heading><subsection><num>(1)</num><intro><p>The Commissioners for His Majesty’s Revenue and Customs may by regulations amend or otherwise modify any provision of this Part in its application in relation to—</p></intro><level class="para1"><num>(a)</num><content><p>a collective money purchase scheme, or</p></content></level><level class="para1"><num>(b)</num><content><p>any benefits payable, or arrangements, under such a pension scheme.</p></content></level></subsection><subsection><num>(2)</num><intro><p>Regulations under this section—</p></intro><level class="para1"><num>(a)</num><content><p>may make different provision for different cases;</p></content></level><level class="para1"><num>(b)</num><content><p>may include transitional or saving provision.</p></content></level></subsection></section></quotedStructure></mod></p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="section-60-6"><num>(6)</num><intro><p><ref eId="c00103" href="https://www.legislation.gov.uk/ukpga/2004/12/section/274ZA">Section 274ZA</ref> (National Employment Savings Trust and Master Trust schemes) is amended as follows—</p></intro><level class="para1" eId="section-60-6-a"><num>(a)</num><content><p><mod>for the heading substitute <quotedText>“Schemes treated as occupational pension schemes”</quotedText>;</mod></p></content></level><level class="para1" eId="section-60-6-b"><num>(b)</num><content><p><mod>after <ref eId="c00104" href="https://www.legislation.gov.uk/ukpga/2004/12/section/274ZA">subsection (2)</ref> insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><subsection><num>(3)</num><intro><p>This Part applies in relation to a pension scheme that—</p></intro><level class="para1"><num>(a)</num><content><p>is a collective money purchase scheme, and</p></content></level><level class="para1"><num>(b)</num><content><p>is not an occupational pension scheme,</p></content></level><wrapUp><p>as it applies in relation to an occupational pension scheme.</p></wrapUp></subsection></quotedStructure></mod></p></content></level></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-60-6-a"><num>(a)</num><content><p><mod>for the heading substitute <quotedText>“Schemes treated as occupational pension schemes”</quotedText>;</mod></p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" class="para1" eId="section-60-6-b"><num>(b)</num><content><p><mod>after <ref eId="c00104" href="https://www.legislation.gov.uk/ukpga/2004/12/section/274ZA">subsection (2)</ref> insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><subsection><num>(3)</num><intro><p>This Part applies in relation to a pension scheme that—</p></intro><level class="para1"><num>(a)</num><content><p>is a collective money purchase scheme, and</p></content></level><level class="para1"><num>(b)</num><content><p>is not an occupational pension scheme,</p></content></level><wrapUp><p>as it applies in relation to an occupational pension scheme.</p></wrapUp></subsection></quotedStructure></mod></p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-60-7"><num>(7)</num><content><p>In <ref eId="c00105" href="https://www.legislation.gov.uk/ukpga/2004/12/section/279">section 279</ref> (other definitions), omit <ref eId="c00106" href="https://www.legislation.gov.uk/ukpga/2004/12/section/279">subsections (1B) to (1D)</ref>.</p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" xmlns:default="http://www.w3.org/1999/xhtml" eId="section-60-8"><num>(8)</num><intro><p>In <ref eId="c00107" href="https://www.legislation.gov.uk/ukpga/2004/12/section/280">section 280</ref><ref eId="c00108" href="https://www.legislation.gov.uk/ukpga/2004/12/section/280">(2)</ref> (general index), in the table—</p></intro><level class="para1" eId="section-60-8-a"><num>(a)</num><content><p><mod>in the definition of “Master Trust scheme”, for the entry in the second column substitute <quotedText>“<ref href="#d28e12110">section 274ZZA</ref>”</quotedText>;</mod></p></content></level><level class="para1" eId="section-60-8-b"><num>(b)</num><content><p>omit the definition of “unauthorised (in relation to a Master Trust scheme)”;</p></content></level><level class="para1" eId="section-60-8-c"><num>(c)</num><content><p><mod>at the appropriate places insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><tblock class="table" ukl:Orientation="portrait"><foreign><default:table xmlns="http://www.w3.org/1999/xhtml"><default:colgroup><default:col style="width:70%"/><default:col style="width:30%"/></default:colgroup><default:tbody><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">collective money purchase scheme</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0"><ref href="#d28e12191">section 274ZZB</ref></p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">unauthorised collective money purchase scheme</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0"><ref href="#d28e12191">section 274ZZB</ref><ref href="#d28e12225">(4)</ref></p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">unauthorised Master Trust scheme</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0"><ref href="#d28e12110">section 274ZZA</ref><ref href="#d28e12147">(5)</ref></p></default:td></default:tr></default:tbody></default:table></foreign></tblock></quotedStructure><inline name="appendText">.</inline></mod></p></content></level></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-60-8-a"><num>(a)</num><content><p><mod>in the definition of “Master Trust scheme”, for the entry in the second column substitute <quotedText>“<ref href="#d28e12110">section 274ZZA</ref>”</quotedText>;</mod></p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-60-8-b"><num>(b)</num><content><p>omit the definition of “unauthorised (in relation to a Master Trust scheme)”;</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" xmlns:default="http://www.w3.org/1999/xhtml" class="para1" eId="section-60-8-c"><num>(c)</num><content><p><mod>at the appropriate places insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><tblock class="table" ukl:Orientation="portrait"><foreign><default:table xmlns="http://www.w3.org/1999/xhtml"><default:colgroup><default:col style="width:70%"/><default:col style="width:30%"/></default:colgroup><default:tbody><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">collective money purchase scheme</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0"><ref href="#d28e12191">section 274ZZB</ref></p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">unauthorised collective money purchase scheme</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0"><ref href="#d28e12191">section 274ZZB</ref><ref href="#d28e12225">(4)</ref></p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">unauthorised Master Trust scheme</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0"><ref href="#d28e12110">section 274ZZA</ref><ref href="#d28e12147">(5)</ref></p></default:td></default:tr></default:tbody></default:table></foreign></tblock></quotedStructure><inline name="appendText">.</inline></mod></p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="section-60-9"><num>(9)</num><content><p><mod>In <ref eId="c00109" href="https://www.legislation.gov.uk/ukpga/2004/12/section/282">section 282</ref> (orders and regulations), after <ref eId="c00110" href="https://www.legislation.gov.uk/ukpga/2004/12/section/282">subsection (1A)</ref> insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><subsection><num>(1B)</num><content><p>No regulations may be made under section <ref href="#d28e12255">274ZZC</ref> (power to make provision about collective money purchase schemes) that increase any person’s liability to tax unless a draft of the statutory instrument containing them has been laid before, and approved by a resolution of, the House of Commons.</p></content></subsection></quotedStructure></mod></p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-60-10"><num>(10)</num><content><p><mod>In <ref eId="c00111" href="https://www.legislation.gov.uk/ukpga/2018/3/contents">FA 2018</ref>, in <ref eId="c00112" href="https://www.legislation.gov.uk/ukpga/2018/3/schedule/3">Schedule 3</ref> (pension schemes), in <ref eId="c00113" href="https://www.legislation.gov.uk/ukpga/2018/3/schedule/3/paragraph/4">paragraph 4</ref> (Master Trust schemes registered before passing of FA 2018), in <ref eId="c00114" href="https://www.legislation.gov.uk/ukpga/2018/3/schedule/3/paragraph/4">sub-paragraph (2)</ref>, for “Section 274B(2) of FA 2004 (as inserted by paragraph 1(5))” substitute <quotedText>“Section 274ZA(2) of FA 2004”</quotedText>.</mod></p></content></subsection>
<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="section-61"><num>61</num><heading>Corporate interest restriction: reporting companies</heading><subsection eId="section-61-1"><num>(1)</num><content><p>Schedule 7A to TIOPA 2010 (interest restriction returns) is amended as follows.</p></content></subsection><subsection eId="section-61-2"><num>(2)</num><content><p><mod>For paragraph 1 (appointment by a worldwide group of a reporting company) substitute—<quotedStructure startQuote="“" endQuote="”" uk:context="schedule" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="schedule" ukl:Format="double"><paragraph class="schProv1"><num>1</num><subparagraph><num>(1)</num><content><p>An interest restriction return for a period of account of a worldwide group is of no effect unless it is submitted to an officer of Revenue and Customs by the reporting company of the group for that period.</p></content></subparagraph><subparagraph><num>(2)</num><content><p>A member of a worldwide group may appoint a company to be the group’s reporting company for a period of account.</p></content></subparagraph><subparagraph><num>(3)</num><intro><p>The appointment is of no effect for the period of account unless—</p></intro><level class="para1"><num>(a)</num><content><p>the company to be appointed as the group’s reporting company for the period is an eligible company for that period, and</p></content></level><level class="para1"><num>(b)</num><content><p>the appointment is authorised by more than half of the eligible companies for that period.</p></content></level></subparagraph><subparagraph><num>(4)</num><intro><p>For this purpose a company is “eligible” if and only if the company—</p></intro><level class="para1"><num>(a)</num><content><p>was a UK group company at a time during the period of account, and</p></content></level><level class="para1"><num>(b)</num><content><p>was not dormant throughout that period.</p></content></level></subparagraph></paragraph></quotedStructure></mod></p></content></subsection><subsection eId="section-61-3"><num>(3)</num><content><p><mod>After that paragraph insert—<quotedStructure startQuote="“" endQuote="”" uk:context="schedule" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="schedule" ukl:Format="double"><hcontainer name="crossheading" class="schGroup7"><heading>Appointment of company where purported return submitted</heading><paragraph eId="d28e12545" class="schProv1"><num>1A</num><subparagraph><num>(1)</num><content><p>This paragraph applies where a company has purported to submit to an officer of Revenue and Customs a return for a period of account of a worldwide group despite the fact it had not been appointed for the period of account at the time at which it purported to submit the return.</p></content></subparagraph><subparagraph><num>(2)</num><content><p>A member of the group may, in accordance with paragraph 1, appoint the company as the group’s reporting company for the period of account.</p></content></subparagraph><subparagraph><num>(3)</num><intro><p>If an appointment is made as mentioned in sub-paragraph (2)—</p></intro><level class="para1"><num>(a)</num><content><p>the company is to be treated for the purposes of this Part of this Act as if it had been appointed under paragraph 1, and</p></content></level><level class="para1"><num>(b)</num><content><p>the appointment is to be treated for the purposes of this Part of this Act as if it had been made at the time immediately before the return (or, if more than one, the first return) for the period of account was submitted.</p></content></level></subparagraph><subparagraph><num>(4)</num><intro><p>But—</p></intro><level class="para1"><num>(a)</num><content><p>sub-paragraph (3) does not apply for the purposes of paragraph <ref href="#d28e12927">11A</ref>, and</p></content></level><level class="para1"><num>(b)</num><content><p>for the purposes of paragraph 6(2), the time of the appointment is taken to be the actual time at which the company was appointed as the group’s reporting company (rather than the time provided for by sub-paragraph (3)(b)).</p></content></level></subparagraph></paragraph></hcontainer></quotedStructure></mod></p></content></subsection><subsection eId="section-61-4"><num>(4)</num><content><p><mod>For paragraph 2 (revocation by worldwide group of appointment under paragraph 1), substitute—<quotedStructure startQuote="“" endQuote="”" uk:context="schedule" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="schedule" ukl:Format="double"><paragraph class="schProv1"><num>2</num><subparagraph><num>(1)</num><content><p>A member of a worldwide group may revoke an appointment previously made under paragraph 1 in relation to a period of account.</p></content></subparagraph><subparagraph><num>(2)</num><content><p>The revocation is of no effect for the period of account unless it is authorised by more than half of the eligible companies for that period.</p></content></subparagraph><subparagraph><num>(3)</num><intro><p>For this purpose a company is “eligible” if and only if the company—</p></intro><level class="para1"><num>(a)</num><content><p>was a UK group company at a time during the period of account, and</p></content></level><level class="para1"><num>(b)</num><content><p>was not dormant throughout that period.</p></content></level></subparagraph><subparagraph><num>(4)</num><content><p>The revocation of an appointment does not prevent the making of a further appointment under paragraph 1 (whether at the same time as the revocation, or later).</p></content></subparagraph></paragraph></quotedStructure></mod></p></content></subsection><subsection eId="section-61-5"><num>(5)</num><intro><p>In paragraph 4 (appointment of reporting company by Revenue and Customs)—</p></intro><level class="para1" eId="section-61-5-a"><num>(a)</num><content><p><mod>for sub-paragraph (1) substitute—<quotedStructure startQuote="“" endQuote="”" uk:context="schedule" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="schedule" ukl:Format="double"><subparagraph><num>(1)</num><content><p>This paragraph applies where no interest restriction return in relation to a period of account of a worldwide group (“the relevant period of account”) has been submitted to an officer of Revenue and Customs before the end of the period of 18 months beginning with the end of the relevant period of account.</p></content></subparagraph></quotedStructure><inline name="appendText">,</inline></mod></p></content></level><level class="para1" eId="section-61-5-b"><num>(b)</num><content><p><mod>in sub-paragraph (4), at the end insert <quotedText>“and supersedes any appointment of a reporting company in relation to that period made under paragraph 1”</quotedText>,</mod></p></content></level><level class="para1" eId="section-61-5-c"><num>(c)</num><content><p><mod>in sub-paragraph (5), after paragraph (b) insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><p>But the time limits provided by paragraph (a) or (b) do not apply where sub-paragraph (6A) applies.</p></quotedStructure><inline name="appendText">, and</inline></mod></p></content></level><level class="para1" eId="section-61-5-d"><num>(d)</num><content><p><mod>after sub-paragraph (6) insert—<quotedStructure startQuote="“" endQuote="”" uk:context="schedule" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="schedule" ukl:Format="double"><subparagraph><num>(6A)</num><intro><p>If—</p></intro><level class="para1"><num>(a)</num><content><p>a company has purported to submit to an officer of Revenue and Customs a return for the relevant period of account despite the fact it had not been appointed for that period at the time at which it purported to submit the return, and</p></content></level><level class="para1"><num>(b)</num><content><p>no appointment of the company as the group’s reporting company for that period has been made by a member of the group in reliance on paragraph <ref href="#d28e12545">1A</ref>,</p></content></level><wrapUp><p>an officer of Revenue and Customs may, by notice to the company, appoint it to be the group’s reporting company for that period, and sub-paragraphs (3) and (4) apply in relation to that notice and appointment.</p></wrapUp></subparagraph><subparagraph><num>(6B)</num><content><p>The company is to be treated for the purposes of this Part of this Act as if it had been appointed immediately before it submitted the return (or, if more than one, the first return) for the relevant period of account.</p></content></subparagraph><subparagraph><num>(6C)</num><intro><p>But—</p></intro><level class="para1"><num>(a)</num><content><p>sub-paragraph (6B) does not apply for the purposes of paragraph <ref href="#d28e12927">11A</ref>, and</p></content></level><level class="para1"><num>(b)</num><content><p>for the purposes of paragraph 6(2), the time of the appointment is taken to be the actual time at which the company was appointed as the group’s reporting company (rather than the time provided for by sub-paragraph (6B)).</p></content></level></subparagraph></quotedStructure></mod></p></content></level></subsection><subsection eId="section-61-6"><num>(6)</num><content><p>In paragraph 5 (appointment by officer of Revenue and Customs of replacement reporting company), in sub-paragraph (6)(a), omit sub-paragraph (ii) and the “and” before that sub-paragraph.</p></content></subsection><subsection eId="section-61-7"><num>(7)</num><intro><p>In paragraph 6 (obligation of reporting company to notify group members of its status)—</p></intro><level class="para1" eId="section-61-7-a"><num>(a)</num><content><p><mod>in sub-paragraph (2), for “the relevant time” substitute <quotedText>“the appointment is made”</quotedText>, and</mod></p></content></level><level class="para1" eId="section-61-7-b"><num>(b)</num><content><p>omit sub-paragraphs (3) and (4).</p></content></level></subsection><subsection eId="section-61-8"><num>(8)</num><intro><p>In paragraph 7 (obligation of reporting company to submit interest restriction return)—</p></intro><level class="para1" eId="section-61-8-a"><num>(a)</num><content><p><mod>for sub-paragraphs (1) to (3) substitute—<quotedStructure startQuote="“" endQuote="”" uk:context="schedule" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="schedule" ukl:Format="double"><subparagraph><num>(1)</num><content><p>A reporting company appointed under paragraph 1 in relation to a period of account may submit a return for that period to an officer of Revenue and Customs.</p></content></subparagraph><subparagraph><num>(2)</num><content><p>A reporting company appointed under paragraph 4 in relation to a period of account must submit a return for that period to an officer of Revenue and Customs.</p></content></subparagraph><subparagraph><num>(3)</num><content><p>A reporting company appointed under paragraph 5 in relation to a period of account must submit a return for that period to an officer of Revenue and Customs unless a return for the period has already been submitted under sub-paragraph (1) or (2) or this sub-paragraph.</p></content></subparagraph></quotedStructure><inline name="appendText">, and</inline></mod></p></content></level><level class="para1" eId="section-61-8-b"><num>(b)</num><content><p><mod>in sub-paragraph (6), for paragraph (b) substitute—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><level class="para1"><num>(b)</num><intro><p>if the reporting company was appointed under paragraph 4 or 5, the later of—</p></intro><level class="para2"><num>(i)</num><content><p>the period mentioned in paragraph (a), and</p></content></level><level class="para2"><num>(ii)</num><content><p>the end of the period of 3 months beginning with the day on which it was appointed.</p></content></level></level></quotedStructure></mod></p></content></level></subsection><subsection eId="section-61-9"><num>(9)</num><content><p><mod>Consequently, the italic heading before that paragraph becomes <quotedText>“<i>Submission of interest restriction returns by reporting companies</i>”</quotedText>.</mod></p></content></subsection><subsection eId="section-61-10"><num>(10)</num><content><p><mod>In paragraph 8 (revised interest restriction return), in sub-paragraph (3), for paragraph (b) substitute—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><level class="para1"><num>(b)</num><intro><p>if the reporting company was appointed under paragraph 4 or 5, the later of—</p></intro><level class="para2"><num>(i)</num><content><p>the period mentioned in paragraph (a), and</p></content></level><level class="para2"><num>(ii)</num><content><p>the end of the period of 3 months beginning with the day on which it was appointed.</p></content></level></level></quotedStructure></mod></p></content></subsection><subsection eId="section-61-11"><num>(11)</num><intro><p>In paragraph 10 (meaning of “<term refersTo="#term-consenting-company" eId="term-consenting-company">consenting company</term>” and “<term refersTo="#term-non-consenting-company" eId="term-non-consenting-company">non-consenting company</term>”)—</p></intro><level class="para1" eId="section-61-11-a"><num>(a)</num><intro><p>in sub-paragraph (2)—</p></intro><level class="para2" eId="section-61-11-a-i"><num>(i)</num><content><p><mod>in paragraph (a), for “the appropriate persons” substitute <quotedText>“the reporting company in relation to the period of account”</quotedText>, and</mod></p></content></level><level class="para2" eId="section-61-11-a-ii"><num>(ii)</num><content><p><mod>in paragraph (b), for “the appropriate persons” substitute <quotedText>“the reporting company”</quotedText>, and</mod></p></content></level></level><level class="para1" eId="section-61-11-b"><num>(b)</num><content><p>omit sub-paragraph (3).</p></content></level></subsection><subsection eId="section-61-12"><num>(12)</num><content><p>Omit paragraph 11 (company authorising reporting company appointment treated as consenting company) together with the italic cross-heading before it.</p></content></subsection><subsection eId="section-61-13"><num>(13)</num><content><p><mod>After paragraph 11 insert—<quotedStructure startQuote="“" endQuote="”" uk:context="schedule" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="schedule" ukl:Format="double"><hcontainer name="crossheading" class="schGroup7"><heading>Penalty for submission of return where no reporting company appointed</heading><paragraph eId="d28e12927" class="schProv1"><num>11A</num><subparagraph><num>(1)</num><content><p>A company is liable to a penalty if the company has purported to submit to an officer of Revenue and Customs a return for a period of account of a worldwide group in circumstances where it had not been appointed for the period of account at the time at which it submitted the return.</p></content></subparagraph><subparagraph><num>(2)</num><content><p>The penalty is £1,000.</p></content></subparagraph><subparagraph><num>(3)</num><intro><p>If a company becomes liable to a penalty under this paragraph, an officer of Revenue and Customs must—</p></intro><level class="para1"><num>(a)</num><content><p>assess the penalty, and</p></content></level><level class="para1"><num>(b)</num><content><p>notify the company.</p></content></level></subparagraph><subparagraph><num>(4)</num><content><p>The assessment must be made within the period of 12 months beginning with the day on which a company is (after the time mentioned in sub-paragraph (1)) appointed as the group’s reporting company for the period of account.</p></content></subparagraph><subparagraph><num>(5)</num><content><p>A company may, by notice, appeal against a decision of an officer of Revenue and Customs that a penalty is payable under this paragraph.</p></content></subparagraph><subparagraph><num>(6)</num><intro><p>Notice of appeal under this paragraph must be given—</p></intro><level class="para1"><num>(a)</num><content><p>within 30 days after the penalty was notified to the company,</p></content></level><level class="para1"><num>(b)</num><content><p>to the officer of Revenue and Customs who notified the company.</p></content></level></subparagraph><subparagraph><num>(7)</num><intro><p>A penalty under this paragraph must be paid before the end of the period of 30 days beginning with—</p></intro><level class="para1"><num>(a)</num><content><p>the day on which the company was notified of the penalty, or</p></content></level><level class="para1"><num>(b)</num><content><p>if notice of appeal against the penalty is given, the day on which the appeal is finally determined or withdrawn.</p></content></level></subparagraph></paragraph><paragraph class="schProv1"><num>11B</num><subparagraph><num>(1)</num><content><p>Liability to a penalty under paragraph <ref href="#d28e12927">11A</ref> does not arise if, in reliance on paragraph 1A, a company is, at any time up to the end of the period of 18 months after the end of the period of account, appointed as the group’s reporting company for the period of account.</p></content></subparagraph><subparagraph><num>(2)</num><intro><p>Liability to a penalty under paragraph <ref href="#d28e12927">11A</ref> also does not arise if—</p></intro><level class="para1"><num>(a)</num><content><p>without being prompted by an officer of Revenue and Customs to do so, the company notified an officer of Revenue and Customs of the circumstances mentioned in paragraph <ref href="#d28e12927">11A</ref>(1), or</p></content></level><level class="para1"><num>(b)</num><content><p>there is a reasonable excuse for failing to appoint a reporting company before the return was submitted.</p></content></level></subparagraph><subparagraph><num>(3)</num><content><p>If there is a reasonable excuse for the failure but the excuse has ceased, the excuse is to be treated as having continued if a reporting company is appointed without unreasonable delay after the excuse ceased.</p></content></subparagraph></paragraph></hcontainer></quotedStructure></mod></p></content></subsection><subsection eId="section-61-14"><num>(14)</num><intro><p>In paragraph 20 (required contents of interest restriction return: full returns and abbreviated returns)—</p></intro><level class="para1" eId="section-61-14-a"><num>(a)</num><intro><p>in sub-paragraph (3)—</p></intro><level class="para2" eId="section-61-14-a-i"><num>(i)</num><content><p><mod>before paragraph (a) insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><level class="para1"><num>(za)</num><content><p>state the name and (where it has one) the Unique Taxpayer Reference of the reporting company,</p></content></level></quotedStructure><inline name="appendText">,</inline></mod></p></content></level><level class="para2" eId="section-61-14-a-ii"><num>(ii)</num><content><p><mod>in paragraph (c), at the end insert <quotedText>“and whether it authorised the appointment of the reporting company for the period of account”</quotedText>, and</mod></p></content></level><level class="para2" eId="section-61-14-a-iii"><num>(iii)</num><content><p><mod>after that paragraph insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><level class="para1"><num>(ca)</num><content><p>contain a statement that each of the companies authorising the appointment of the reporting company was an eligible company and that they together constituted more than half of the eligible companies,</p></content></level></quotedStructure><inline name="appendText">, and</inline></mod></p></content></level></level><level class="para1" eId="section-61-14-b"><num>(b)</num><content><p><mod>in sub-paragraph (5), for “(a) to (c)” substitute <quotedText>“(za) to (ca)”</quotedText>.</mod></p></content></level></subsection><subsection eId="section-61-15"><num>(15)</num><intro><p>In paragraph 29 (penalty for failure to deliver return)—</p></intro><level class="para1" eId="section-61-15-a"><num>(a)</num><content><p><mod>in sub-paragraph (1)(a), at the beginning insert <quotedText>“submits or”</quotedText>, and</mod></p></content></level><level class="para1" eId="section-61-15-b"><num>(b)</num><content><p><mod>for sub-paragraph (4) substitute—<quotedStructure startQuote="“" endQuote="”" uk:context="schedule" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="schedule" ukl:Format="double"><subparagraph><num>(4)</num><intro><p>The assessment must be made—</p></intro><level class="para1"><num>(a)</num><content><p>within the period of 12 months beginning with the day on which the return was received by an officer of Revenue and Customs, or</p></content></level><level class="para1"><num>(b)</num><content><p>if no return is received by an officer of Revenue and Customs, the period of 12 months beginning with the filing date mentioned in sub-paragraph (1)(b).</p></content></level></subparagraph></quotedStructure></mod></p></content></level></subsection><subsection eId="section-61-16"><num>(16)</num><content><p><mod>In paragraph 44 (enquiry into return for wrong period or wrong group)—<quotedStructure startQuote="“" endQuote="”" uk:context="schedule" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="schedule" ukl:Format="double"><subparagraph><num>(1A)</num><content><p>Sub-paragraph (1) applies even if the company submitting the return had not been appointed as a reporting company for the period of account for which the return was submitted; and references to a reporting company in paragraph 40, and elsewhere in this Schedule where the context is an enquiry into the return, are to the company who submitted the return.</p></content></subparagraph></quotedStructure></mod></p></content></subsection><subsection eId="section-61-17"><num>(17)</num><content><p><mod>In paragraph 56 (power of Revenue and Customs to make determinations where no return filed etc), in sub-paragraph (4)(a), after “has effect” insert <quotedText>“under paragraph 4 or 5”</quotedText>.</mod></p></content></subsection><subsection eId="section-61-18"><num>(18)</num><content><p><mod>In paragraph 61 (provision of information between members of group where no reporting company appointed), for sub-paragraph (2) substitute—<quotedStructure startQuote="“" endQuote="”" uk:context="schedule" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="schedule" ukl:Format="double"><subparagraph><num>(2)</num><content><p>Condition A is that no appointment of a reporting company in relation to the period of account has been made before the end of the period of 12 months beginning with the end of the period of account.</p></content></subparagraph></quotedStructure></mod></p></content></subsection><subsection eId="section-61-19"><num>(19)</num><content><p>The amendment made by subsection <ref href="#section-61-3">(3)</ref> has effect in relation to periods of account ending on or after 31 March 2024 (except so far as it relates to the new paragraph 11A of Schedule 7A to TIOPA 2010).</p></content></subsection><subsection eId="section-61-20"><num>(20)</num><content><p>The amendments made by subsection <ref href="#section-61-14">(14)</ref> have effect in accordance with provision made by regulations made by the Commissioners for His Majesty’s Revenue and Customs.</p></content></subsection><subsection eId="section-61-21"><num>(21)</num><content><p>The remaining amendments made by this section have effect in relation to periods of account ending on or after 31 March 2026.</p></content></subsection></section>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-61-1"><num>(1)</num><content><p>Schedule 7A to TIOPA 2010 (interest restriction returns) is amended as follows.</p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="section-61-2"><num>(2)</num><content><p><mod>For paragraph 1 (appointment by a worldwide group of a reporting company) substitute—<quotedStructure startQuote="“" endQuote="”" uk:context="schedule" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="schedule" ukl:Format="double"><paragraph class="schProv1"><num>1</num><subparagraph><num>(1)</num><content><p>An interest restriction return for a period of account of a worldwide group is of no effect unless it is submitted to an officer of Revenue and Customs by the reporting company of the group for that period.</p></content></subparagraph><subparagraph><num>(2)</num><content><p>A member of a worldwide group may appoint a company to be the group’s reporting company for a period of account.</p></content></subparagraph><subparagraph><num>(3)</num><intro><p>The appointment is of no effect for the period of account unless—</p></intro><level class="para1"><num>(a)</num><content><p>the company to be appointed as the group’s reporting company for the period is an eligible company for that period, and</p></content></level><level class="para1"><num>(b)</num><content><p>the appointment is authorised by more than half of the eligible companies for that period.</p></content></level></subparagraph><subparagraph><num>(4)</num><intro><p>For this purpose a company is “eligible” if and only if the company—</p></intro><level class="para1"><num>(a)</num><content><p>was a UK group company at a time during the period of account, and</p></content></level><level class="para1"><num>(b)</num><content><p>was not dormant throughout that period.</p></content></level></subparagraph></paragraph></quotedStructure></mod></p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="section-61-3"><num>(3)</num><content><p><mod>After that paragraph insert—<quotedStructure startQuote="“" endQuote="”" uk:context="schedule" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="schedule" ukl:Format="double"><hcontainer name="crossheading" class="schGroup7"><heading>Appointment of company where purported return submitted</heading><paragraph eId="d28e12545" class="schProv1"><num>1A</num><subparagraph><num>(1)</num><content><p>This paragraph applies where a company has purported to submit to an officer of Revenue and Customs a return for a period of account of a worldwide group despite the fact it had not been appointed for the period of account at the time at which it purported to submit the return.</p></content></subparagraph><subparagraph><num>(2)</num><content><p>A member of the group may, in accordance with paragraph 1, appoint the company as the group’s reporting company for the period of account.</p></content></subparagraph><subparagraph><num>(3)</num><intro><p>If an appointment is made as mentioned in sub-paragraph (2)—</p></intro><level class="para1"><num>(a)</num><content><p>the company is to be treated for the purposes of this Part of this Act as if it had been appointed under paragraph 1, and</p></content></level><level class="para1"><num>(b)</num><content><p>the appointment is to be treated for the purposes of this Part of this Act as if it had been made at the time immediately before the return (or, if more than one, the first return) for the period of account was submitted.</p></content></level></subparagraph><subparagraph><num>(4)</num><intro><p>But—</p></intro><level class="para1"><num>(a)</num><content><p>sub-paragraph (3) does not apply for the purposes of paragraph <ref href="#d28e12927">11A</ref>, and</p></content></level><level class="para1"><num>(b)</num><content><p>for the purposes of paragraph 6(2), the time of the appointment is taken to be the actual time at which the company was appointed as the group’s reporting company (rather than the time provided for by sub-paragraph (3)(b)).</p></content></level></subparagraph></paragraph></hcontainer></quotedStructure></mod></p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="section-61-4"><num>(4)</num><content><p><mod>For paragraph 2 (revocation by worldwide group of appointment under paragraph 1), substitute—<quotedStructure startQuote="“" endQuote="”" uk:context="schedule" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="schedule" ukl:Format="double"><paragraph class="schProv1"><num>2</num><subparagraph><num>(1)</num><content><p>A member of a worldwide group may revoke an appointment previously made under paragraph 1 in relation to a period of account.</p></content></subparagraph><subparagraph><num>(2)</num><content><p>The revocation is of no effect for the period of account unless it is authorised by more than half of the eligible companies for that period.</p></content></subparagraph><subparagraph><num>(3)</num><intro><p>For this purpose a company is “eligible” if and only if the company—</p></intro><level class="para1"><num>(a)</num><content><p>was a UK group company at a time during the period of account, and</p></content></level><level class="para1"><num>(b)</num><content><p>was not dormant throughout that period.</p></content></level></subparagraph><subparagraph><num>(4)</num><content><p>The revocation of an appointment does not prevent the making of a further appointment under paragraph 1 (whether at the same time as the revocation, or later).</p></content></subparagraph></paragraph></quotedStructure></mod></p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="section-61-5"><num>(5)</num><intro><p>In paragraph 4 (appointment of reporting company by Revenue and Customs)—</p></intro><level class="para1" eId="section-61-5-a"><num>(a)</num><content><p><mod>for sub-paragraph (1) substitute—<quotedStructure startQuote="“" endQuote="”" uk:context="schedule" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="schedule" ukl:Format="double"><subparagraph><num>(1)</num><content><p>This paragraph applies where no interest restriction return in relation to a period of account of a worldwide group (“the relevant period of account”) has been submitted to an officer of Revenue and Customs before the end of the period of 18 months beginning with the end of the relevant period of account.</p></content></subparagraph></quotedStructure><inline name="appendText">,</inline></mod></p></content></level><level class="para1" eId="section-61-5-b"><num>(b)</num><content><p><mod>in sub-paragraph (4), at the end insert <quotedText>“and supersedes any appointment of a reporting company in relation to that period made under paragraph 1”</quotedText>,</mod></p></content></level><level class="para1" eId="section-61-5-c"><num>(c)</num><content><p><mod>in sub-paragraph (5), after paragraph (b) insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><p>But the time limits provided by paragraph (a) or (b) do not apply where sub-paragraph (6A) applies.</p></quotedStructure><inline name="appendText">, and</inline></mod></p></content></level><level class="para1" eId="section-61-5-d"><num>(d)</num><content><p><mod>after sub-paragraph (6) insert—<quotedStructure startQuote="“" endQuote="”" uk:context="schedule" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="schedule" ukl:Format="double"><subparagraph><num>(6A)</num><intro><p>If—</p></intro><level class="para1"><num>(a)</num><content><p>a company has purported to submit to an officer of Revenue and Customs a return for the relevant period of account despite the fact it had not been appointed for that period at the time at which it purported to submit the return, and</p></content></level><level class="para1"><num>(b)</num><content><p>no appointment of the company as the group’s reporting company for that period has been made by a member of the group in reliance on paragraph <ref href="#d28e12545">1A</ref>,</p></content></level><wrapUp><p>an officer of Revenue and Customs may, by notice to the company, appoint it to be the group’s reporting company for that period, and sub-paragraphs (3) and (4) apply in relation to that notice and appointment.</p></wrapUp></subparagraph><subparagraph><num>(6B)</num><content><p>The company is to be treated for the purposes of this Part of this Act as if it had been appointed immediately before it submitted the return (or, if more than one, the first return) for the relevant period of account.</p></content></subparagraph><subparagraph><num>(6C)</num><intro><p>But—</p></intro><level class="para1"><num>(a)</num><content><p>sub-paragraph (6B) does not apply for the purposes of paragraph <ref href="#d28e12927">11A</ref>, and</p></content></level><level class="para1"><num>(b)</num><content><p>for the purposes of paragraph 6(2), the time of the appointment is taken to be the actual time at which the company was appointed as the group’s reporting company (rather than the time provided for by sub-paragraph (6B)).</p></content></level></subparagraph></quotedStructure></mod></p></content></level></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" class="para1" eId="section-61-5-a"><num>(a)</num><content><p><mod>for sub-paragraph (1) substitute—<quotedStructure startQuote="“" endQuote="”" uk:context="schedule" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="schedule" ukl:Format="double"><subparagraph><num>(1)</num><content><p>This paragraph applies where no interest restriction return in relation to a period of account of a worldwide group (“the relevant period of account”) has been submitted to an officer of Revenue and Customs before the end of the period of 18 months beginning with the end of the relevant period of account.</p></content></subparagraph></quotedStructure><inline name="appendText">,</inline></mod></p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-61-5-b"><num>(b)</num><content><p><mod>in sub-paragraph (4), at the end insert <quotedText>“and supersedes any appointment of a reporting company in relation to that period made under paragraph 1”</quotedText>,</mod></p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" class="para1" eId="section-61-5-c"><num>(c)</num><content><p><mod>in sub-paragraph (5), after paragraph (b) insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><p>But the time limits provided by paragraph (a) or (b) do not apply where sub-paragraph (6A) applies.</p></quotedStructure><inline name="appendText">, and</inline></mod></p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" class="para1" eId="section-61-5-d"><num>(d)</num><content><p><mod>after sub-paragraph (6) insert—<quotedStructure startQuote="“" endQuote="”" uk:context="schedule" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="schedule" ukl:Format="double"><subparagraph><num>(6A)</num><intro><p>If—</p></intro><level class="para1"><num>(a)</num><content><p>a company has purported to submit to an officer of Revenue and Customs a return for the relevant period of account despite the fact it had not been appointed for that period at the time at which it purported to submit the return, and</p></content></level><level class="para1"><num>(b)</num><content><p>no appointment of the company as the group’s reporting company for that period has been made by a member of the group in reliance on paragraph <ref href="#d28e12545">1A</ref>,</p></content></level><wrapUp><p>an officer of Revenue and Customs may, by notice to the company, appoint it to be the group’s reporting company for that period, and sub-paragraphs (3) and (4) apply in relation to that notice and appointment.</p></wrapUp></subparagraph><subparagraph><num>(6B)</num><content><p>The company is to be treated for the purposes of this Part of this Act as if it had been appointed immediately before it submitted the return (or, if more than one, the first return) for the relevant period of account.</p></content></subparagraph><subparagraph><num>(6C)</num><intro><p>But—</p></intro><level class="para1"><num>(a)</num><content><p>sub-paragraph (6B) does not apply for the purposes of paragraph <ref href="#d28e12927">11A</ref>, and</p></content></level><level class="para1"><num>(b)</num><content><p>for the purposes of paragraph 6(2), the time of the appointment is taken to be the actual time at which the company was appointed as the group’s reporting company (rather than the time provided for by sub-paragraph (6B)).</p></content></level></subparagraph></quotedStructure></mod></p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-61-6"><num>(6)</num><content><p>In paragraph 5 (appointment by officer of Revenue and Customs of replacement reporting company), in sub-paragraph (6)(a), omit sub-paragraph (ii) and the “and” before that sub-paragraph.</p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-61-7"><num>(7)</num><intro><p>In paragraph 6 (obligation of reporting company to notify group members of its status)—</p></intro><level class="para1" eId="section-61-7-a"><num>(a)</num><content><p><mod>in sub-paragraph (2), for “the relevant time” substitute <quotedText>“the appointment is made”</quotedText>, and</mod></p></content></level><level class="para1" eId="section-61-7-b"><num>(b)</num><content><p>omit sub-paragraphs (3) and (4).</p></content></level></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-61-7-a"><num>(a)</num><content><p><mod>in sub-paragraph (2), for “the relevant time” substitute <quotedText>“the appointment is made”</quotedText>, and</mod></p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-61-7-b"><num>(b)</num><content><p>omit sub-paragraphs (3) and (4).</p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="section-61-8"><num>(8)</num><intro><p>In paragraph 7 (obligation of reporting company to submit interest restriction return)—</p></intro><level class="para1" eId="section-61-8-a"><num>(a)</num><content><p><mod>for sub-paragraphs (1) to (3) substitute—<quotedStructure startQuote="“" endQuote="”" uk:context="schedule" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="schedule" ukl:Format="double"><subparagraph><num>(1)</num><content><p>A reporting company appointed under paragraph 1 in relation to a period of account may submit a return for that period to an officer of Revenue and Customs.</p></content></subparagraph><subparagraph><num>(2)</num><content><p>A reporting company appointed under paragraph 4 in relation to a period of account must submit a return for that period to an officer of Revenue and Customs.</p></content></subparagraph><subparagraph><num>(3)</num><content><p>A reporting company appointed under paragraph 5 in relation to a period of account must submit a return for that period to an officer of Revenue and Customs unless a return for the period has already been submitted under sub-paragraph (1) or (2) or this sub-paragraph.</p></content></subparagraph></quotedStructure><inline name="appendText">, and</inline></mod></p></content></level><level class="para1" eId="section-61-8-b"><num>(b)</num><content><p><mod>in sub-paragraph (6), for paragraph (b) substitute—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><level class="para1"><num>(b)</num><intro><p>if the reporting company was appointed under paragraph 4 or 5, the later of—</p></intro><level class="para2"><num>(i)</num><content><p>the period mentioned in paragraph (a), and</p></content></level><level class="para2"><num>(ii)</num><content><p>the end of the period of 3 months beginning with the day on which it was appointed.</p></content></level></level></quotedStructure></mod></p></content></level></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" class="para1" eId="section-61-8-a"><num>(a)</num><content><p><mod>for sub-paragraphs (1) to (3) substitute—<quotedStructure startQuote="“" endQuote="”" uk:context="schedule" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="schedule" ukl:Format="double"><subparagraph><num>(1)</num><content><p>A reporting company appointed under paragraph 1 in relation to a period of account may submit a return for that period to an officer of Revenue and Customs.</p></content></subparagraph><subparagraph><num>(2)</num><content><p>A reporting company appointed under paragraph 4 in relation to a period of account must submit a return for that period to an officer of Revenue and Customs.</p></content></subparagraph><subparagraph><num>(3)</num><content><p>A reporting company appointed under paragraph 5 in relation to a period of account must submit a return for that period to an officer of Revenue and Customs unless a return for the period has already been submitted under sub-paragraph (1) or (2) or this sub-paragraph.</p></content></subparagraph></quotedStructure><inline name="appendText">, and</inline></mod></p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" class="para1" eId="section-61-8-b"><num>(b)</num><content><p><mod>in sub-paragraph (6), for paragraph (b) substitute—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><level class="para1"><num>(b)</num><intro><p>if the reporting company was appointed under paragraph 4 or 5, the later of—</p></intro><level class="para2"><num>(i)</num><content><p>the period mentioned in paragraph (a), and</p></content></level><level class="para2"><num>(ii)</num><content><p>the end of the period of 3 months beginning with the day on which it was appointed.</p></content></level></level></quotedStructure></mod></p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-61-9"><num>(9)</num><content><p><mod>Consequently, the italic heading before that paragraph becomes <quotedText>“<i>Submission of interest restriction returns by reporting companies</i>”</quotedText>.</mod></p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="section-61-10"><num>(10)</num><content><p><mod>In paragraph 8 (revised interest restriction return), in sub-paragraph (3), for paragraph (b) substitute—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><level class="para1"><num>(b)</num><intro><p>if the reporting company was appointed under paragraph 4 or 5, the later of—</p></intro><level class="para2"><num>(i)</num><content><p>the period mentioned in paragraph (a), and</p></content></level><level class="para2"><num>(ii)</num><content><p>the end of the period of 3 months beginning with the day on which it was appointed.</p></content></level></level></quotedStructure></mod></p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-61-11"><num>(11)</num><intro><p>In paragraph 10 (meaning of “<term refersTo="#term-consenting-company" eId="term-consenting-company">consenting company</term>” and “<term refersTo="#term-non-consenting-company" eId="term-non-consenting-company">non-consenting company</term>”)—</p></intro><level class="para1" eId="section-61-11-a"><num>(a)</num><intro><p>in sub-paragraph (2)—</p></intro><level class="para2" eId="section-61-11-a-i"><num>(i)</num><content><p><mod>in paragraph (a), for “the appropriate persons” substitute <quotedText>“the reporting company in relation to the period of account”</quotedText>, and</mod></p></content></level><level class="para2" eId="section-61-11-a-ii"><num>(ii)</num><content><p><mod>in paragraph (b), for “the appropriate persons” substitute <quotedText>“the reporting company”</quotedText>, and</mod></p></content></level></level><level class="para1" eId="section-61-11-b"><num>(b)</num><content><p>omit sub-paragraph (3).</p></content></level></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-61-11-a"><num>(a)</num><intro><p>in sub-paragraph (2)—</p></intro><level class="para2" eId="section-61-11-a-i"><num>(i)</num><content><p><mod>in paragraph (a), for “the appropriate persons” substitute <quotedText>“the reporting company in relation to the period of account”</quotedText>, and</mod></p></content></level><level class="para2" eId="section-61-11-a-ii"><num>(ii)</num><content><p><mod>in paragraph (b), for “the appropriate persons” substitute <quotedText>“the reporting company”</quotedText>, and</mod></p></content></level></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para2" eId="section-61-11-a-i"><num>(i)</num><content><p><mod>in paragraph (a), for “the appropriate persons” substitute <quotedText>“the reporting company in relation to the period of account”</quotedText>, and</mod></p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para2" eId="section-61-11-a-ii"><num>(ii)</num><content><p><mod>in paragraph (b), for “the appropriate persons” substitute <quotedText>“the reporting company”</quotedText>, and</mod></p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-61-11-b"><num>(b)</num><content><p>omit sub-paragraph (3).</p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-61-12"><num>(12)</num><content><p>Omit paragraph 11 (company authorising reporting company appointment treated as consenting company) together with the italic cross-heading before it.</p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="section-61-13"><num>(13)</num><content><p><mod>After paragraph 11 insert—<quotedStructure startQuote="“" endQuote="”" uk:context="schedule" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="schedule" ukl:Format="double"><hcontainer name="crossheading" class="schGroup7"><heading>Penalty for submission of return where no reporting company appointed</heading><paragraph eId="d28e12927" class="schProv1"><num>11A</num><subparagraph><num>(1)</num><content><p>A company is liable to a penalty if the company has purported to submit to an officer of Revenue and Customs a return for a period of account of a worldwide group in circumstances where it had not been appointed for the period of account at the time at which it submitted the return.</p></content></subparagraph><subparagraph><num>(2)</num><content><p>The penalty is £1,000.</p></content></subparagraph><subparagraph><num>(3)</num><intro><p>If a company becomes liable to a penalty under this paragraph, an officer of Revenue and Customs must—</p></intro><level class="para1"><num>(a)</num><content><p>assess the penalty, and</p></content></level><level class="para1"><num>(b)</num><content><p>notify the company.</p></content></level></subparagraph><subparagraph><num>(4)</num><content><p>The assessment must be made within the period of 12 months beginning with the day on which a company is (after the time mentioned in sub-paragraph (1)) appointed as the group’s reporting company for the period of account.</p></content></subparagraph><subparagraph><num>(5)</num><content><p>A company may, by notice, appeal against a decision of an officer of Revenue and Customs that a penalty is payable under this paragraph.</p></content></subparagraph><subparagraph><num>(6)</num><intro><p>Notice of appeal under this paragraph must be given—</p></intro><level class="para1"><num>(a)</num><content><p>within 30 days after the penalty was notified to the company,</p></content></level><level class="para1"><num>(b)</num><content><p>to the officer of Revenue and Customs who notified the company.</p></content></level></subparagraph><subparagraph><num>(7)</num><intro><p>A penalty under this paragraph must be paid before the end of the period of 30 days beginning with—</p></intro><level class="para1"><num>(a)</num><content><p>the day on which the company was notified of the penalty, or</p></content></level><level class="para1"><num>(b)</num><content><p>if notice of appeal against the penalty is given, the day on which the appeal is finally determined or withdrawn.</p></content></level></subparagraph></paragraph><paragraph class="schProv1"><num>11B</num><subparagraph><num>(1)</num><content><p>Liability to a penalty under paragraph <ref href="#d28e12927">11A</ref> does not arise if, in reliance on paragraph 1A, a company is, at any time up to the end of the period of 18 months after the end of the period of account, appointed as the group’s reporting company for the period of account.</p></content></subparagraph><subparagraph><num>(2)</num><intro><p>Liability to a penalty under paragraph <ref href="#d28e12927">11A</ref> also does not arise if—</p></intro><level class="para1"><num>(a)</num><content><p>without being prompted by an officer of Revenue and Customs to do so, the company notified an officer of Revenue and Customs of the circumstances mentioned in paragraph <ref href="#d28e12927">11A</ref>(1), or</p></content></level><level class="para1"><num>(b)</num><content><p>there is a reasonable excuse for failing to appoint a reporting company before the return was submitted.</p></content></level></subparagraph><subparagraph><num>(3)</num><content><p>If there is a reasonable excuse for the failure but the excuse has ceased, the excuse is to be treated as having continued if a reporting company is appointed without unreasonable delay after the excuse ceased.</p></content></subparagraph></paragraph></hcontainer></quotedStructure></mod></p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="section-61-14"><num>(14)</num><intro><p>In paragraph 20 (required contents of interest restriction return: full returns and abbreviated returns)—</p></intro><level class="para1" eId="section-61-14-a"><num>(a)</num><intro><p>in sub-paragraph (3)—</p></intro><level class="para2" eId="section-61-14-a-i"><num>(i)</num><content><p><mod>before paragraph (a) insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><level class="para1"><num>(za)</num><content><p>state the name and (where it has one) the Unique Taxpayer Reference of the reporting company,</p></content></level></quotedStructure><inline name="appendText">,</inline></mod></p></content></level><level class="para2" eId="section-61-14-a-ii"><num>(ii)</num><content><p><mod>in paragraph (c), at the end insert <quotedText>“and whether it authorised the appointment of the reporting company for the period of account”</quotedText>, and</mod></p></content></level><level class="para2" eId="section-61-14-a-iii"><num>(iii)</num><content><p><mod>after that paragraph insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><level class="para1"><num>(ca)</num><content><p>contain a statement that each of the companies authorising the appointment of the reporting company was an eligible company and that they together constituted more than half of the eligible companies,</p></content></level></quotedStructure><inline name="appendText">, and</inline></mod></p></content></level></level><level class="para1" eId="section-61-14-b"><num>(b)</num><content><p><mod>in sub-paragraph (5), for “(a) to (c)” substitute <quotedText>“(za) to (ca)”</quotedText>.</mod></p></content></level></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" class="para1" eId="section-61-14-a"><num>(a)</num><intro><p>in sub-paragraph (3)—</p></intro><level class="para2" eId="section-61-14-a-i"><num>(i)</num><content><p><mod>before paragraph (a) insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><level class="para1"><num>(za)</num><content><p>state the name and (where it has one) the Unique Taxpayer Reference of the reporting company,</p></content></level></quotedStructure><inline name="appendText">,</inline></mod></p></content></level><level class="para2" eId="section-61-14-a-ii"><num>(ii)</num><content><p><mod>in paragraph (c), at the end insert <quotedText>“and whether it authorised the appointment of the reporting company for the period of account”</quotedText>, and</mod></p></content></level><level class="para2" eId="section-61-14-a-iii"><num>(iii)</num><content><p><mod>after that paragraph insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><level class="para1"><num>(ca)</num><content><p>contain a statement that each of the companies authorising the appointment of the reporting company was an eligible company and that they together constituted more than half of the eligible companies,</p></content></level></quotedStructure><inline name="appendText">, and</inline></mod></p></content></level></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" class="para2" eId="section-61-14-a-i"><num>(i)</num><content><p><mod>before paragraph (a) insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><level class="para1"><num>(za)</num><content><p>state the name and (where it has one) the Unique Taxpayer Reference of the reporting company,</p></content></level></quotedStructure><inline name="appendText">,</inline></mod></p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para2" eId="section-61-14-a-ii"><num>(ii)</num><content><p><mod>in paragraph (c), at the end insert <quotedText>“and whether it authorised the appointment of the reporting company for the period of account”</quotedText>, and</mod></p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" class="para2" eId="section-61-14-a-iii"><num>(iii)</num><content><p><mod>after that paragraph insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><level class="para1"><num>(ca)</num><content><p>contain a statement that each of the companies authorising the appointment of the reporting company was an eligible company and that they together constituted more than half of the eligible companies,</p></content></level></quotedStructure><inline name="appendText">, and</inline></mod></p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-61-14-b"><num>(b)</num><content><p><mod>in sub-paragraph (5), for “(a) to (c)” substitute <quotedText>“(za) to (ca)”</quotedText>.</mod></p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="section-61-15"><num>(15)</num><intro><p>In paragraph 29 (penalty for failure to deliver return)—</p></intro><level class="para1" eId="section-61-15-a"><num>(a)</num><content><p><mod>in sub-paragraph (1)(a), at the beginning insert <quotedText>“submits or”</quotedText>, and</mod></p></content></level><level class="para1" eId="section-61-15-b"><num>(b)</num><content><p><mod>for sub-paragraph (4) substitute—<quotedStructure startQuote="“" endQuote="”" uk:context="schedule" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="schedule" ukl:Format="double"><subparagraph><num>(4)</num><intro><p>The assessment must be made—</p></intro><level class="para1"><num>(a)</num><content><p>within the period of 12 months beginning with the day on which the return was received by an officer of Revenue and Customs, or</p></content></level><level class="para1"><num>(b)</num><content><p>if no return is received by an officer of Revenue and Customs, the period of 12 months beginning with the filing date mentioned in sub-paragraph (1)(b).</p></content></level></subparagraph></quotedStructure></mod></p></content></level></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-61-15-a"><num>(a)</num><content><p><mod>in sub-paragraph (1)(a), at the beginning insert <quotedText>“submits or”</quotedText>, and</mod></p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" class="para1" eId="section-61-15-b"><num>(b)</num><content><p><mod>for sub-paragraph (4) substitute—<quotedStructure startQuote="“" endQuote="”" uk:context="schedule" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="schedule" ukl:Format="double"><subparagraph><num>(4)</num><intro><p>The assessment must be made—</p></intro><level class="para1"><num>(a)</num><content><p>within the period of 12 months beginning with the day on which the return was received by an officer of Revenue and Customs, or</p></content></level><level class="para1"><num>(b)</num><content><p>if no return is received by an officer of Revenue and Customs, the period of 12 months beginning with the filing date mentioned in sub-paragraph (1)(b).</p></content></level></subparagraph></quotedStructure></mod></p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="section-61-16"><num>(16)</num><content><p><mod>In paragraph 44 (enquiry into return for wrong period or wrong group)—<quotedStructure startQuote="“" endQuote="”" uk:context="schedule" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="schedule" ukl:Format="double"><subparagraph><num>(1A)</num><content><p>Sub-paragraph (1) applies even if the company submitting the return had not been appointed as a reporting company for the period of account for which the return was submitted; and references to a reporting company in paragraph 40, and elsewhere in this Schedule where the context is an enquiry into the return, are to the company who submitted the return.</p></content></subparagraph></quotedStructure></mod></p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-61-17"><num>(17)</num><content><p><mod>In paragraph 56 (power of Revenue and Customs to make determinations where no return filed etc), in sub-paragraph (4)(a), after “has effect” insert <quotedText>“under paragraph 4 or 5”</quotedText>.</mod></p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="section-61-18"><num>(18)</num><content><p><mod>In paragraph 61 (provision of information between members of group where no reporting company appointed), for sub-paragraph (2) substitute—<quotedStructure startQuote="“" endQuote="”" uk:context="schedule" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="schedule" ukl:Format="double"><subparagraph><num>(2)</num><content><p>Condition A is that no appointment of a reporting company in relation to the period of account has been made before the end of the period of 12 months beginning with the end of the period of account.</p></content></subparagraph></quotedStructure></mod></p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-61-19"><num>(19)</num><content><p>The amendment made by subsection <ref href="#section-61-3">(3)</ref> has effect in relation to periods of account ending on or after 31 March 2024 (except so far as it relates to the new paragraph 11A of Schedule 7A to TIOPA 2010).</p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-61-20"><num>(20)</num><content><p>The amendments made by subsection <ref href="#section-61-14">(14)</ref> have effect in accordance with provision made by regulations made by the Commissioners for His Majesty’s Revenue and Customs.</p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-61-21"><num>(21)</num><content><p>The remaining amendments made by this section have effect in relation to periods of account ending on or after 31 March 2026.</p></content></subsection>
<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="section-62"><num>62</num><heading>Corporate interest restriction: capital expenditure and tax-EBITDA calculation</heading><subsection eId="section-62-1"><num>(1)</num><intro><p>In section 407 of TIOPA 2010 (amounts not brought into account in determining a company’s tax-EBITDA)—</p></intro><level class="para1" eId="section-62-1-a"><num>(a)</num><content><p><mod>in subsection (1)(b) (allowances or charges under CAA 2001), at the end insert <quotedText>“or capital expenditure for which a deduction is given under a relevant enactment”</quotedText>, and</mod></p></content></level><level class="para1" eId="section-62-1-b"><num>(b)</num><content><p><mod>after subsection (1) insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><subsection><num>(1A)</num><intro><p>For the purposes of subsection (1)(b) “<term refersTo="#term-relevant-enactment">relevant enactment</term>” means—</p></intro><level class="para1"><num>(a)</num><content><p>section 86A of CTA 2009 (contributions to flood and coastal erosion risk management projects);</p></content></level><level class="para1"><num>(b)</num><content><p>section 142 of CTA 2009 (waste disposal site preparation expenditure);</p></content></level><level class="para1"><num>(c)</num><content><p>section 145 of CTA 2009 (waste disposal site restoration payments);</p></content></level><level class="para1"><num>(d)</num><content><p>section 147 of CTA 2009 (cemeteries and crematoria).</p></content></level></subsection></quotedStructure></mod></p></content></level></subsection><subsection eId="section-62-2"><num>(2)</num><content><p>The amendments made by this section have effect in relation to periods of account ending on or after 31 December 2021.</p></content></subsection><subsection eId="section-62-3"><num>(3)</num><content><p>An interest restriction return which is revised to take account of the amendments made by this section is, despite paragraph 8(3) of Schedule 7A to TIOPA 2010, of effect if the revised return is received by an officer of Revenue and Customs before 1 October 2026.</p></content></subsection></section>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="section-62-1"><num>(1)</num><intro><p>In section 407 of TIOPA 2010 (amounts not brought into account in determining a company’s tax-EBITDA)—</p></intro><level class="para1" eId="section-62-1-a"><num>(a)</num><content><p><mod>in subsection (1)(b) (allowances or charges under CAA 2001), at the end insert <quotedText>“or capital expenditure for which a deduction is given under a relevant enactment”</quotedText>, and</mod></p></content></level><level class="para1" eId="section-62-1-b"><num>(b)</num><content><p><mod>after subsection (1) insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><subsection><num>(1A)</num><intro><p>For the purposes of subsection (1)(b) “<term refersTo="#term-relevant-enactment">relevant enactment</term>” means—</p></intro><level class="para1"><num>(a)</num><content><p>section 86A of CTA 2009 (contributions to flood and coastal erosion risk management projects);</p></content></level><level class="para1"><num>(b)</num><content><p>section 142 of CTA 2009 (waste disposal site preparation expenditure);</p></content></level><level class="para1"><num>(c)</num><content><p>section 145 of CTA 2009 (waste disposal site restoration payments);</p></content></level><level class="para1"><num>(d)</num><content><p>section 147 of CTA 2009 (cemeteries and crematoria).</p></content></level></subsection></quotedStructure></mod></p></content></level></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-62-1-a"><num>(a)</num><content><p><mod>in subsection (1)(b) (allowances or charges under CAA 2001), at the end insert <quotedText>“or capital expenditure for which a deduction is given under a relevant enactment”</quotedText>, and</mod></p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" class="para1" eId="section-62-1-b"><num>(b)</num><content><p><mod>after subsection (1) insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><subsection><num>(1A)</num><intro><p>For the purposes of subsection (1)(b) “<term refersTo="#term-relevant-enactment">relevant enactment</term>” means—</p></intro><level class="para1"><num>(a)</num><content><p>section 86A of CTA 2009 (contributions to flood and coastal erosion risk management projects);</p></content></level><level class="para1"><num>(b)</num><content><p>section 142 of CTA 2009 (waste disposal site preparation expenditure);</p></content></level><level class="para1"><num>(c)</num><content><p>section 145 of CTA 2009 (waste disposal site restoration payments);</p></content></level><level class="para1"><num>(d)</num><content><p>section 147 of CTA 2009 (cemeteries and crematoria).</p></content></level></subsection></quotedStructure></mod></p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-62-2"><num>(2)</num><content><p>The amendments made by this section have effect in relation to periods of account ending on or after 31 December 2021.</p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-62-3"><num>(3)</num><content><p>An interest restriction return which is revised to take account of the amendments made by this section is, despite paragraph 8(3) of Schedule 7A to TIOPA 2010, of effect if the revised return is received by an officer of Revenue and Customs before 1 October 2026.</p></content></subsection>
<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="section-63"><num>63</num><heading>Avoidance schemes involving certain non-derecognition liabilities</heading><subsection eId="section-63-1"><num>(1)</num><content><p><mod>In Part 20 of CTA 2009 (general calculation rules), in Chapter 1 (restriction of deductions), after section 1305A insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><section><num>1305B</num><heading>Avoidance schemes involving certain non-derecognition liabilities</heading><subsection eId="d28e13306"><num>(1)</num><intro><p>This section applies if—</p></intro><level class="para1" eId="d28e13312"><num>(a)</num><content><p>assets (“the underlying assets”) are transferred to a relevant entity,</p></content></level><level class="para1" eId="d28e13318"><num>(b)</num><intro><p>for accounting purposes following the transfer—</p></intro><level class="para2" eId="d28e13324"><num>(i)</num><content><p>the underlying assets continue to be recognised to any extent by a member of the transferor group, and</p></content></level><level class="para2" eId="d28e13330"><num>(ii)</num><content><p>a liability is also recognised by a member of the transferor group in connection with the underlying assets or otherwise in connection with the transfer,</p></content></level></level><level class="para1" eId="d28e13336"><num>(c)</num><content><p>in calculating a company’s profits for corporation tax purposes a deduction would (ignoring this section) be allowed for a loss, expense or debit in connection with the liability mentioned in paragraph <ref href="#d28e13318">(b)</ref><ref href="#d28e13330">(ii)</ref>, and</p></content></level><level class="para1" eId="d28e13347"><num>(d)</num><content><p>the loss, expense or debit arises, to any extent, as a result of arrangements (whether or not they are or include the transfer mentioned in paragraph <ref href="#d28e13312">(a)</ref>) where the main purpose, or one of the main purposes, of any party to the arrangements in being a party to them is to secure a tax advantage for any person.</p></content></level></subsection><subsection><num>(2)</num><content><p>The deduction mentioned in subsection <ref href="#d28e13306">(1)</ref><ref href="#d28e13336">(c)</ref> is not allowed so far as it is attributable on a just and reasonable apportionment to the purpose mentioned in subsection <ref href="#d28e13306">(1)</ref><ref href="#d28e13347">(d)</ref>.</p></content></subsection><subsection><num>(3)</num><intro><p>For the purposes of the condition in <ref href="#d28e13306">subsection (1)</ref><ref href="#d28e13318">(b)</ref> it does not matter whether the assets recognised as mentioned in subsection <ref href="#d28e13306">(1)</ref><ref href="#d28e13318">(b)</ref><ref href="#d28e13324">(i)</ref> and the liability recognised as mentioned in <ref href="#d28e13306">subsection (1)</ref><ref href="#d28e13318">(b)</ref><ref href="#d28e13330">(ii)</ref>—</p></intro><level class="para1"><num>(a)</num><content><p>are recognised immediately after the transfer or only later;</p></content></level><level class="para1"><num>(b)</num><content><p>are first recognised at the same time or at different times;</p></content></level><level class="para1"><num>(c)</num><content><p>are recognised by the same member of the transferor group as they were before the transfer.</p></content></level></subsection><subsection><num>(4)</num><intro><p>For the purposes of subsection <ref href="#d28e13306">(1)</ref> the circumstances in which assets are “transferred” to a relevant entity include circumstances in which—</p></intro><level class="para1"><num>(a)</num><content><p>a right to income deriving from the assets is transferred to the relevant entity;</p></content></level><level class="para1"><num>(b)</num><content><p>a contract is entered into to pay the relevant entity income deriving from the assets;</p></content></level><level class="para1"><num>(c)</num><content><p>the assets, or income deriving from them, come to be held in trust for the benefit of the relevant entity.</p></content></level></subsection><subsection><num>(5)</num><intro><p>In this section—</p></intro><hcontainer name="definition"><content><p>“<term refersTo="#term-arrangements">arrangements</term>” includes any scheme, arrangement or understanding of any kind, whether or not legally enforceable, involving a single transaction or two or more transactions;</p></content></hcontainer><hcontainer name="definition"><intro><p>“<term refersTo="#term-member-of-the-transferor-group">member of the transferor group</term>” means any of the following—</p></intro><level class="para1"><num>(a)</num><content><p>the person who transferred the underlying assets as mentioned in subsection <ref href="#d28e13306">(1)</ref><ref href="#d28e13312">(a)</ref>;</p></content></level><level class="para1"><num>(b)</num><content><p>a company that is connected with the person mentioned in paragraph <ref href="#d28e13464">(a)</ref> and is not the relevant entity mentioned in subsection <ref href="#d28e13306">(1)</ref><ref href="#d28e13312">(a)</ref>;</p></content></level><level class="para1"><num>(c)</num><content><p>a transparent entity in which the person mentioned in paragraph <ref href="#d28e13464">(a)</ref> or a company falling within paragraph <ref href="#d28e13473">(b)</ref> has an interest;</p></content></level></hcontainer><hcontainer name="definition"><intro><p>“<term refersTo="#term-relevant-entity">relevant entity</term>” means—</p></intro><level class="para1"><num>(a)</num><content><p>a securitisation company within the meaning of Chapter 4 of Part 13 of CTA 2010, or</p></content></level><level class="para1"><num>(b)</num><content><p>any person that is a party to the same capital market arrangement (within the meaning of paragraph 1 of Schedule 2A to the Insolvency Act 1986) as such a company;</p></content></level></hcontainer><hcontainer name="definition"><intro><p>“<term refersTo="#term-transparent-entity">transparent entity</term>” means anything that—</p></intro><level class="para1"><num>(a)</num><content><p>may be treated as an entity for accounting purposes, and</p></content></level><level class="para1"><num>(b)</num><content><p>is not chargeable to corporation tax or income tax as a person (ignoring any exemptions).</p></content></level></hcontainer></subsection><subsection><num>(6)</num><content><p>The following apply for the purposes of this section—</p><blockList class="unordered none" ukl:Name="UnorderedList" ukl:Decoration="none"><item><p>section 1122 of CTA 2010 (“connected” persons)</p></item><item><p>section 1139 of CTA 2010 (“tax advantage”).</p></item></blockList></content></subsection></section></quotedStructure></mod></p></content></subsection><subsection eId="section-63-2"><num>(2)</num><content><p>The amendment made by this section has effect in relation to accounting periods beginning on or after 26 November 2025; and for that purpose an accounting period beginning before and ending on or after that date is treated as if so much of the period as falls before that date, and so much of the period as falls on or after that date, were separate accounting periods.</p></content></subsection></section>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="section-63-1"><num>(1)</num><content><p><mod>In Part 20 of CTA 2009 (general calculation rules), in Chapter 1 (restriction of deductions), after section 1305A insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><section><num>1305B</num><heading>Avoidance schemes involving certain non-derecognition liabilities</heading><subsection eId="d28e13306"><num>(1)</num><intro><p>This section applies if—</p></intro><level class="para1" eId="d28e13312"><num>(a)</num><content><p>assets (“the underlying assets”) are transferred to a relevant entity,</p></content></level><level class="para1" eId="d28e13318"><num>(b)</num><intro><p>for accounting purposes following the transfer—</p></intro><level class="para2" eId="d28e13324"><num>(i)</num><content><p>the underlying assets continue to be recognised to any extent by a member of the transferor group, and</p></content></level><level class="para2" eId="d28e13330"><num>(ii)</num><content><p>a liability is also recognised by a member of the transferor group in connection with the underlying assets or otherwise in connection with the transfer,</p></content></level></level><level class="para1" eId="d28e13336"><num>(c)</num><content><p>in calculating a company’s profits for corporation tax purposes a deduction would (ignoring this section) be allowed for a loss, expense or debit in connection with the liability mentioned in paragraph <ref href="#d28e13318">(b)</ref><ref href="#d28e13330">(ii)</ref>, and</p></content></level><level class="para1" eId="d28e13347"><num>(d)</num><content><p>the loss, expense or debit arises, to any extent, as a result of arrangements (whether or not they are or include the transfer mentioned in paragraph <ref href="#d28e13312">(a)</ref>) where the main purpose, or one of the main purposes, of any party to the arrangements in being a party to them is to secure a tax advantage for any person.</p></content></level></subsection><subsection><num>(2)</num><content><p>The deduction mentioned in subsection <ref href="#d28e13306">(1)</ref><ref href="#d28e13336">(c)</ref> is not allowed so far as it is attributable on a just and reasonable apportionment to the purpose mentioned in subsection <ref href="#d28e13306">(1)</ref><ref href="#d28e13347">(d)</ref>.</p></content></subsection><subsection><num>(3)</num><intro><p>For the purposes of the condition in <ref href="#d28e13306">subsection (1)</ref><ref href="#d28e13318">(b)</ref> it does not matter whether the assets recognised as mentioned in subsection <ref href="#d28e13306">(1)</ref><ref href="#d28e13318">(b)</ref><ref href="#d28e13324">(i)</ref> and the liability recognised as mentioned in <ref href="#d28e13306">subsection (1)</ref><ref href="#d28e13318">(b)</ref><ref href="#d28e13330">(ii)</ref>—</p></intro><level class="para1"><num>(a)</num><content><p>are recognised immediately after the transfer or only later;</p></content></level><level class="para1"><num>(b)</num><content><p>are first recognised at the same time or at different times;</p></content></level><level class="para1"><num>(c)</num><content><p>are recognised by the same member of the transferor group as they were before the transfer.</p></content></level></subsection><subsection><num>(4)</num><intro><p>For the purposes of subsection <ref href="#d28e13306">(1)</ref> the circumstances in which assets are “transferred” to a relevant entity include circumstances in which—</p></intro><level class="para1"><num>(a)</num><content><p>a right to income deriving from the assets is transferred to the relevant entity;</p></content></level><level class="para1"><num>(b)</num><content><p>a contract is entered into to pay the relevant entity income deriving from the assets;</p></content></level><level class="para1"><num>(c)</num><content><p>the assets, or income deriving from them, come to be held in trust for the benefit of the relevant entity.</p></content></level></subsection><subsection><num>(5)</num><intro><p>In this section—</p></intro><hcontainer name="definition"><content><p>“<term refersTo="#term-arrangements">arrangements</term>” includes any scheme, arrangement or understanding of any kind, whether or not legally enforceable, involving a single transaction or two or more transactions;</p></content></hcontainer><hcontainer name="definition"><intro><p>“<term refersTo="#term-member-of-the-transferor-group">member of the transferor group</term>” means any of the following—</p></intro><level class="para1"><num>(a)</num><content><p>the person who transferred the underlying assets as mentioned in subsection <ref href="#d28e13306">(1)</ref><ref href="#d28e13312">(a)</ref>;</p></content></level><level class="para1"><num>(b)</num><content><p>a company that is connected with the person mentioned in paragraph <ref href="#d28e13464">(a)</ref> and is not the relevant entity mentioned in subsection <ref href="#d28e13306">(1)</ref><ref href="#d28e13312">(a)</ref>;</p></content></level><level class="para1"><num>(c)</num><content><p>a transparent entity in which the person mentioned in paragraph <ref href="#d28e13464">(a)</ref> or a company falling within paragraph <ref href="#d28e13473">(b)</ref> has an interest;</p></content></level></hcontainer><hcontainer name="definition"><intro><p>“<term refersTo="#term-relevant-entity">relevant entity</term>” means—</p></intro><level class="para1"><num>(a)</num><content><p>a securitisation company within the meaning of Chapter 4 of Part 13 of CTA 2010, or</p></content></level><level class="para1"><num>(b)</num><content><p>any person that is a party to the same capital market arrangement (within the meaning of paragraph 1 of Schedule 2A to the Insolvency Act 1986) as such a company;</p></content></level></hcontainer><hcontainer name="definition"><intro><p>“<term refersTo="#term-transparent-entity">transparent entity</term>” means anything that—</p></intro><level class="para1"><num>(a)</num><content><p>may be treated as an entity for accounting purposes, and</p></content></level><level class="para1"><num>(b)</num><content><p>is not chargeable to corporation tax or income tax as a person (ignoring any exemptions).</p></content></level></hcontainer></subsection><subsection><num>(6)</num><content><p>The following apply for the purposes of this section—</p><blockList class="unordered none" ukl:Name="UnorderedList" ukl:Decoration="none"><item><p>section 1122 of CTA 2010 (“connected” persons)</p></item><item><p>section 1139 of CTA 2010 (“tax advantage”).</p></item></blockList></content></subsection></section></quotedStructure></mod></p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-63-2"><num>(2)</num><content><p>The amendment made by this section has effect in relation to accounting periods beginning on or after 26 November 2025; and for that purpose an accounting period beginning before and ending on or after that date is treated as if so much of the period as falls before that date, and so much of the period as falls on or after that date, were separate accounting periods.</p></content></subsection>
<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="section-64"><num>64</num><heading>Energy (oil and gas) profits levy: decommissioning relief agreements</heading><subsection eId="section-64-1"><num>(1)</num><content><p><mod>In <ref eId="c00115" href="https://www.legislation.gov.uk/ukpga/2013/29/section/80">section 80</ref> of <ref eId="c00116" href="https://www.legislation.gov.uk/ukpga/2013/29/contents">FA 2013</ref> (decommissioning relief agreements), after <ref eId="c00117" href="https://www.legislation.gov.uk/ukpga/2013/29/section/80">subsection (4)</ref> insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><subsection><num>(4A)</num><content><p>No payment is to be made to a company under a decommissioning relief agreement by reference to the energy (oil and gas) profits levy.</p></content></subsection><subsection><num>(4B)</num><content><p>Every decommissioning relief agreement (whenever entered into) is to be read accordingly.</p></content></subsection></quotedStructure></mod></p></content></subsection><subsection eId="section-64-2"><num>(2)</num><content><p>The amendment made by <ref href="#section-190-1">subsection (1)</ref> has effect in relation to claims under decommissioning relief agreements made in relation to decommissioning expenditure incurred on or after 26 November 2025.</p></content></subsection></section>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="section-64-1"><num>(1)</num><content><p><mod>In <ref eId="c00115" href="https://www.legislation.gov.uk/ukpga/2013/29/section/80">section 80</ref> of <ref eId="c00116" href="https://www.legislation.gov.uk/ukpga/2013/29/contents">FA 2013</ref> (decommissioning relief agreements), after <ref eId="c00117" href="https://www.legislation.gov.uk/ukpga/2013/29/section/80">subsection (4)</ref> insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><subsection><num>(4A)</num><content><p>No payment is to be made to a company under a decommissioning relief agreement by reference to the energy (oil and gas) profits levy.</p></content></subsection><subsection><num>(4B)</num><content><p>Every decommissioning relief agreement (whenever entered into) is to be read accordingly.</p></content></subsection></quotedStructure></mod></p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-64-2"><num>(2)</num><content><p>The amendment made by <ref href="#section-190-1">subsection (1)</ref> has effect in relation to claims under decommissioning relief agreements made in relation to decommissioning expenditure incurred on or after 26 November 2025.</p></content></subsection>
<part xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:default="http://www.w3.org/1998/Math/MathML" eId="part-2"><num>Part 2</num><heading>Inheritance tax</heading><hcontainer name="crossheading" ukl:Name="Pblock" eId="part-2-crossheading-agricultural-property-relief-and-business-property-relief"><heading>Agricultural property relief and business property relief</heading><section eId="section-65"><num>65</num><heading>Agricultural property relief and business property relief etc</heading><intro><p><ref href="#schedule-12">Schedule 12</ref> makes provision—</p></intro><level class="para1" eId="section-65-a"><num>(a)</num><content><p>limiting agricultural property relief and business property relief, and</p></content></level><level class="para1" eId="section-65-b"><num>(b)</num><content><p>extending Schedule A1 to IHTA 1984 (overseas property not excluded property if value attributable to UK residential property) to UK agricultural property.</p></content></level></section></hcontainer><hcontainer name="crossheading" ukl:Name="Pblock" eId="part-2-crossheading-pension-interests"><heading>Pension interests</heading><section eId="section-66"><num>66</num><heading>Tax to be charged on certain pension interests</heading><content><p><mod>In IHTA 1984, before section 151 (but after the italic heading that precedes it) insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><section eId="d28e13639"><num>150A</num><heading>Certain pension interests treated as part of estate</heading><subsection eId="d28e13643"><num>(1)</num><content><p>For the purposes of this Act a member of a registered pension scheme, a qualifying non-UK pension scheme or a section 615(3) scheme is treated as beneficially entitled immediately before their death to property (“notional pension property”) by reference to the arrangements under the scheme as they stand at that time.</p></content></subsection><subsection eId="d28e13649"><num>(2)</num><content><p>The value of the member’s notional pension property in relation to the scheme is calculated as follows—</p><blockList class="unordered none" ukl:Name="UnorderedList" ukl:Decoration="none"><item><p><i>Step 1</i></p><p>For each money purchase arrangement under the scheme add together—</p><blockList class="ordered alpha parens" ukl:Name="OrderedList" ukl:Type="alpha" ukl:Decoration="parens"><item><num>(a)</num><p>the value of any property that—</p><blockList class="ordered roman parens" ukl:Name="OrderedList" ukl:Type="roman" ukl:Decoration="parens"><item><num>(i)</num><p>is held in a pension pot, and</p></item><item><num>(ii)</num><p>may or must be used to provide benefits under the arrangement on the death of the member, and</p></item></blockList></item><item><num>(b)</num><p>the value of any property that—</p><blockList class="ordered roman parens" ukl:Name="OrderedList" ukl:Type="roman" ukl:Decoration="parens"><item><num>(i)</num><p>is not held in a pension pot, and</p></item><item><num>(ii)</num><p>may be and can reasonably be expected to be used to provide benefits under the arrangement on the death of the member,</p></item></blockList></item></blockList><p>then deduct the value of any property within paragraph <ref href="#d28e13665">(a)</ref> or <ref href="#d28e13678">(b)</ref> that may only be used to provide an excluded benefit.</p></item><item><p><i>Step 2</i></p><p>For each defined benefits arrangement under the scheme add together—</p><blockList class="ordered alpha parens" ukl:Name="OrderedList" ukl:Type="alpha" ukl:Decoration="parens"><item><num>(a)</num><p>the amount of any benefit that must be paid as a lump sum death benefit under the arrangement on the death of the member,</p></item><item><num>(b)</num><p>the amount of any benefit not within paragraph <ref href="#d28e13708">(a)</ref> that may be and can reasonably be expected to be paid as a lump sum death benefit under the arrangement on the death of the member, and</p></item><item><num>(c)</num><p>the amount of any benefit that may be and, assuming that the maximum amount possible is paid as a lump sum death benefit, can reasonably be expected to be paid as a scheme continuation payment under the arrangement on the death of the member,</p></item></blockList><p>then deduct the amount of any benefit within paragraph <ref href="#d28e13708">(a)</ref>, <ref href="#d28e13712">(b)</ref> or <ref href="#d28e13719">(c)</ref> that may only be paid as an excluded benefit.</p></item><item><p><i>Step 3</i></p><p>Add together each of the amounts given at Steps 1 and 2.</p></item></blockList></content></subsection><subsection><num>(3)</num><content><p>In determining for the purposes of subsection <ref href="#d28e13649">(2)</ref> any question as to what can reasonably be expected, regard is to be had (in particular) to appropriate actuarial assumptions.</p></content></subsection><subsection><num>(4)</num><content><p>Except under this section, no interest in or under a registered pension scheme, a qualifying non-UK pension scheme or a section 615(3) scheme is taken into account for the purposes of this Act in determining the value of the estate of a member of the scheme immediately before their death.</p></content></subsection><subsection><num>(5)</num><content><p>For the purposes of section 6 (excluded property), notional pension property in relation to a pension scheme is regarded as situated in the country or territory in which the scheme is established.</p></content></subsection><subsection eId="d28e13763"><num>(6)</num><intro><p>In subsection <ref href="#d28e13649">(2)</ref>—</p></intro><hcontainer name="definition"><intro><p>“<term refersTo="#term-excluded-benefit">excluded benefit</term>”, in relation to a pension scheme, means a benefit that may only be paid under the scheme as one or more of the following—</p></intro><level class="para1"><num>(a)</num><content><p>a dependants’ scheme pension;</p></content></level><level class="para1"><num>(b)</num><content><p>a trivial commutation lump sum death benefit whose payment to a person extinguishes the person’s entitlement to a dependants’ scheme pension;</p></content></level><level class="para1"><num>(c)</num><content><p>a dependants’ annuity, or a nominees’ annuity, that was purchased together with a lifetime annuity payable to the member (and for that purpose “<term refersTo="#term-purchased-together">purchased together</term>” is to be construed in accordance with paragraphs 17(1A) and 27AA(2) of Schedule 28 to the Finance Act 2004);</p></content></level><level class="para1"><num>(d)</num><content><p>any amount that—</p><blockList class="ordered roman parens" ukl:Name="OrderedList" ukl:Type="roman" ukl:Decoration="parens"><item><num>(i)</num><p>is payable as a benefit (in any form) in respect of a member of the scheme if the member is in employment or other work of a particular description immediately before their death, and</p></item><item><num>(ii)</num><p>is not payable as a benefit (in any form) in respect of a member of the scheme if the member does not meet those conditions;</p></item></blockList></content></level></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-held-in-a-pension-pot">held in a pension pot</term>” means available for the purpose of providing benefits to or in respect of one specific member of the scheme;</p></content></hcontainer><hcontainer name="definition"><intro><p>“<term refersTo="#term-scheme-continuation-payment">scheme continuation payment</term>” means a payment made—</p></intro><level class="para1"><num>(a)</num><content><p>in relation to a registered pension scheme, in accordance with pension rule 2 in section 165(1) of the Finance Act 2004 (continuing payments after death);</p></content></level><level class="para1"><num>(b)</num><content><p>in relation to a qualifying non-UK pension scheme or a section 615(3) scheme, in such a way as would be in accordance with that rule if the scheme in question were a registered pension scheme.</p></content></level></hcontainer></subsection><subsection><num>(7)</num><intro><p>Each of the following has the same meaning in this section as in Part 4 of the Finance Act 2004 (pension schemes etc)—</p></intro><hcontainer name="definition"><content><p>“<term refersTo="#term-arrangement">arrangement</term>” (see section 152(1) of that Act);</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-defined-benefits-arrangement">defined benefits arrangement</term>” (see section 152(6) of that Act);</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-dependants’-annuity">dependants’ annuity</term>” (see paragraph 17 of Schedule 28 to that Act);</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-dependants’-scheme-pension">dependants’ scheme pension</term>” (see paragraph 16 of Schedule 28 to that Act);</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-lifetime-annuity">lifetime annuity</term>” (see paragraph 3 of Schedule 28 to that Act);</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-lump-sum-death-benefit">lump sum death benefit</term>” (see section 168(2) of that Act);</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-money-purchase-arrangement">money purchase arrangement</term>” (see section 152(2) of that Act);</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-nominees’-annuity">nominees’ annuity</term>” (see paragraph 27AA of Schedule 28 to that Act);</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-trivial-commutation-lump-sum-death-benefit">trivial commutation lump sum death benefit</term>” (see paragraph 20 of Schedule 29 to that Act);</p></content></hcontainer><wrapUp><p>but for the purposes of this section those definitions are to be read with any necessary modifications in applying them to a qualifying non-UK pension scheme or a section 615(3) scheme.</p></wrapUp></subsection></section></quotedStructure></mod></p></content></section><section eId="section-67"><num>67</num><heading>Liability for tax on pension interests</heading><subsection eId="section-67-1"><num>(1)</num><content><p>IHTA 1984 is amended as follows.</p></content></subsection><subsection eId="section-67-2"><num>(2)</num><content><p><mod>For section 210 substitute—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><section eId="d28e13927"><num>210</num><heading>Pension rights</heading><subsection><num>(1)</num><content><p>This section applies to any tax that is attributable to the value of notional pension property of a deceased member of a registered pension scheme, a qualifying non-UK pension scheme or a section 615(3) scheme.</p></content></subsection><subsection><num>(2)</num><intro><p>For the purposes of this Part the tax is treated as also attributable to the value of—</p></intro><level class="para1"><num>(a)</num><content><p>any property held for the purposes of the scheme that is available for paying a benefit on the deceased’s death, except so far as the property may only be used to provide an excluded benefit, or an exempt benefit, on the deceased’s death, and</p></content></level><level class="para1"><num>(b)</num><content><p>any property that is received by a person under the scheme as a benefit on the deceased’s death, other than an excluded benefit or an exempt benefit.</p></content></level></subsection><subsection eId="d28e13955"><num>(3)</num><intro><p>The persons liable for the tax (as well as including a person within section 200(1)(c) (person in whom property is vested etc))—</p></intro><level class="para1"><num>(a)</num><content><p>include the deceased’s personal representatives so far as they are not already liable under section 200(1)(a),</p></content></level><level class="para1" eId="d28e13967"><num>(b)</num><intro><p>where the scheme is a registered pension scheme, include the scheme administrator where—</p></intro><level class="para2" eId="d28e13973"><num>(i)</num><content><p>a benefit has been paid in breach of section <ref href="#d28e14185">226A</ref> (withholding of benefits), or</p></content></level><level class="para2" eId="d28e13982"><num>(ii)</num><content><p>the scheme administrator has failed to comply with section <ref href="#d28e14353">226B</ref> (direct payment of tax on receipt of notice), and</p></content></level></level><level class="para1" eId="d28e13991"><num>(c)</num><content><p>where the scheme is a registered pension scheme or a section 615(3) scheme, do not (despite section 200(1)(b) and (c)) include the trustees of the scheme (if there are any) or any other person who holds property for the purposes of the scheme in question.</p></content></level></subsection><subsection><num>(4)</num><content><p>Where the scheme administrator is liable for tax by virtue of subsection <ref href="#d28e13955">(3)</ref><ref href="#d28e13967">(b)</ref><ref href="#d28e13982">(ii)</ref> (and not by virtue of subsection <ref href="#d28e13955">(3)</ref><ref href="#d28e13967">(b)</ref><ref href="#d28e13973">(i)</ref>), their liability is limited to the amount of tax that they have failed to pay as required under section <ref href="#d28e14353">226B</ref>.</p></content></subsection><subsection eId="d28e14020"><num>(5)</num><content><p>Sections 271 to 272C of the Finance Act 2004 (liability of scheme administrator) apply in relation to a liability under this Act as they apply in relation to a liability under Part 4 of that Act.</p></content></subsection><subsection><num>(6)</num><intro><p>Subsection <ref href="#d28e13955">(3)</ref><ref href="#d28e13991">(c)</ref> does not prevent a person from being liable to tax—</p></intro><level class="para1"><num>(a)</num><content><p>under subsection <ref href="#d28e13955">(3)</ref><ref href="#d28e13967">(b)</ref> in their capacity as scheme administrator, or</p></content></level><level class="para1"><num>(b)</num><content><p>by virtue of subsection <ref href="#d28e14020">(5)</ref>.</p></content></level></subsection><subsection eId="d28e14057"><num>(7)</num><content><p>In this Act “<term refersTo="#term-exempt-benefit">exempt benefit</term>”, in relation to a pension scheme and a deceased member of the scheme, means a benefit paid under the scheme if and so far as the payment renders the transfer of value made on the deceased’s death an exempt transfer.</p></content></subsection><subsection><num>(8)</num><content><p>For provision under which a payment of a benefit renders the transfer of value on death an exempt transfer to the extent of the payment, see—</p><blockList class="unordered none" ukl:Name="UnorderedList" ukl:Decoration="none"><item><p>section 18 (transfers between spouses or civil partners);</p></item><item><p>section 23 (gifts to charities or registered clubs);</p></item><item><p>section 24 (gifts to political parties);</p></item><item><p>section 24A (gifts to housing associations);</p></item><item><p>section 25 (gifts for national purposes etc);</p></item><item><p>section 27 (maintenance funds for historic buildings etc).</p></item></blockList></content></subsection></section></quotedStructure></mod></p></content></subsection><subsection eId="section-67-3"><num>(3)</num><content><p><mod>In section 211 (burden of tax on death), for subsection (3) substitute—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><subsection><num>(3)</num><intro><p>If—</p></intro><level class="para1"><num>(a)</num><content><p>personal representatives pay an amount of tax,</p></content></level><level class="para1"><num>(b)</num><content><p>the amount does not fall to be borne as part of the general testamentary and administration expenses of the estate,</p></content></level><level class="para1"><num>(c)</num><content><p>property to whose value the tax is attributable is vested in someone other than the personal representatives (“the vestee”), and</p></content></level><level class="para1"><num>(d)</num><content><p>the personal representatives cannot recover the amount by deducting it from any sums payable to the vestee out of the estate (whether because there are no sums so payable or because such sums are insufficient or have already been paid without deduction),</p></content></level><wrapUp><p>the vestee must repay the amount to the personal representatives.</p></wrapUp></subsection></quotedStructure></mod></p></content></subsection><subsection eId="section-67-4"><num>(4)</num><content><p><mod>In section 212 (powers to raise tax), in subsection (1), for “or any part of it” substitute <quotedText>“, any property derived from that property, or any part of that property or of property derived from it”</quotedText>.</mod></p></content></subsection><subsection eId="section-67-5"><num>(5)</num><content><p><mod>In section 239 (certificates of discharge), after subsection (4) insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><subsection><num>(4A)</num><intro><p>If—</p></intro><level class="para1"><num>(a)</num><content><p>the personal representatives of a deceased person are given a certificate under subsection (2), and</p></content></level><level class="para1"><num>(b)</num><content><p>further property is afterwards shown to have been included in the estate of the deceased immediately before their death by virtue of section 150A(1) (notional pension property),</p></content></level><wrapUp><p>then despite subsection (4)(b) the personal representatives are not liable for any tax attributable to that further property unless the failure to disclose the property in the application under subsection (2) was due to carelessness on the part of the personal representatives.</p></wrapUp></subsection></quotedStructure></mod></p></content></subsection></section><section eId="section-68"><num>68</num><heading>Withholding of benefits and payment of tax by pension scheme administrator</heading><content><p><mod>In IHTA 1984, after section 226 insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><section eId="d28e14185"><num>226A</num><heading>Tax on notional pension property: withholding of benefits</heading><subsection><num>(1)</num><content><p>The personal representatives of a deceased person may give a notice to the scheme administrator of a registered pension scheme if they know that they are, or have reason to believe that they may be, liable for tax attributable to notional pension property of the deceased in relation to the scheme.</p></content></subsection><subsection eId="d28e14195"><num>(2)</num><content><p>A prospective personal representative of a deceased person may give a notice to the scheme administrator of a registered pension scheme if they have reason to believe that, on becoming a personal representative, they would be, or might be, liable for tax attributable to notional pension property of the deceased in relation to the scheme.</p></content></subsection><subsection><num>(3)</num><content><p>In this section “<term refersTo="#term-withholding-notice">withholding notice</term>” means a notice under subsection (1) or <ref href="#d28e14195">(2)</ref>.</p></content></subsection><subsection eId="d28e14213"><num>(4)</num><intro><p>While a withholding notice has effect, no benefit may be paid under the scheme to a person (“<term refersTo="#term-p">P</term>”) if—</p></intro><level class="para1"><num>(a)</num><content><p>the total amount of benefits previously paid under the scheme to P on the deceased’s death exceeds 50% of P’s benefit entitlement, or</p></content></level><level class="para1"><num>(b)</num><content><p>the payment of the benefit would result in the total amount of benefits paid under the scheme to P on the deceased’s death exceeding 50% of P’s benefit entitlement.</p></content></level></subsection><subsection><num>(5)</num><content><p>In subsection <ref href="#d28e14213">(4)</ref> a person’s “<term refersTo="#term-benefit-entitlement">benefit entitlement</term>” means so much of the value of the notional pension property of the deceased in relation to the scheme as is attributable on a just and reasonable apportionment, having regard to appropriate actuarial assumptions, to benefits that have been paid, or are or will be payable, to that person.</p></content></subsection><subsection><num>(6)</num><content><p>Subsection <ref href="#d28e14213">(4)</ref> does not apply to the payment of an excluded benefit or an exempt benefit.</p></content></subsection><subsection><num>(7)</num><intro><p>A withholding notice has effect from the time when it is received by the scheme administrator until the earliest of the following—</p></intro><level class="para1"><num>(a)</num><intro><p>any time when it is withdrawn by —</p></intro><level class="para2"><num>(i)</num><content><p>the personal representatives, or</p></content></level><level class="para2"><num>(ii)</num><content><p>if the person who gave the notice was a prospective personal representative, that person;</p></content></level></level><level class="para1"><num>(b)</num><content><p>any time when all the tax attributable to notional pension property of the deceased in relation to the scheme, and any interest due in respect of that tax, is paid;</p></content></level><level class="para1"><num>(c)</num><content><p>15 months after the end of the month in which the deceased died.</p></content></level></subsection><subsection><num>(8)</num><content><p>A withholding notice does not have effect unless it complies with any requirements prescribed by the Commissioners for His Majesty's Revenue and Customs as to form and content.</p></content></subsection><subsection><num>(9)</num><content><p>The rules of a registered pension scheme are void so far as they purport to require a benefit to be paid in breach of subsection <ref href="#d28e14213">(4)</ref>.</p></content></subsection><subsection><num>(10)</num><content><p>A payment that would fall due but for a withholding notice instead falls due immediately after the notice ceases to have effect.</p></content></subsection><subsection><num>(11)</num><content><p>For the consequences if a benefit is paid in breach of subsection <ref href="#d28e14213">(4)</ref>, see section <ref href="#d28e13927">210</ref><ref href="#d28e13955">(3)</ref><ref href="#d28e13967">(b)</ref> (joint liability of scheme administrator).</p></content></subsection><subsection><num>(12)</num><intro><p>In this section—</p></intro><hcontainer name="definition"><content><p>“<term refersTo="#term-prospective-personal-representative">prospective personal representative</term>”, in relation to a deceased person, means a person who has reason to believe that they will become a personal representative of that person;</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-registered-club">registered club</term>” has the same meaning as in Chapter 9 of Part 13 of the Corporation Tax Act 2010.</p></content></hcontainer></subsection></section><section eId="d28e14353"><num>226B</num><heading>Tax on notional pension property: direct payment by scheme administrator</heading><subsection><num>(1)</num><content><p>A person (“the taxpayer”) may by notice (a “payment notice”) require the scheme administrator of a registered pension scheme to pay any tax for which the taxpayer is liable and which is attributable to the value of the notional pension property of a deceased member of the scheme.</p></content></subsection><subsection><num>(2)</num><intro><p>The scheme administrator must pay the amount of tax specified in a payment notice before the end of the period of 35 days beginning with the day on which they receive the notice, unless the notice—</p></intro><level class="para1"><num>(a)</num><content><p>is withdrawn by the taxpayer during that period (and before the amount is paid), or</p></content></level><level class="para1"><num>(b)</num><content><p>does not comply with the requirements of subsection <ref href="#d28e14384">(3)</ref>, or ceases to comply with them during that period (and before the amount is paid).</p></content></level></subsection><subsection eId="d28e14384"><num>(3)</num><intro><p>The requirements are—</p></intro><level class="para1"><num>(a)</num><content><p>that the payment notice specifies the amount of tax that it requires to be paid;</p></content></level><level class="para1" eId="d28e14396"><num>(b)</num><content><p>that the amount specified is not less than £1,000;</p></content></level><level class="para1"><num>(c)</num><content><p>that the amount specified does not exceed the amount of tax for which the taxpayer is liable in respect of notional pension property of the deceased in relation to the scheme;</p></content></level><level class="para1" eId="d28e14408"><num>(d)</num><intro><p>that where the taxpayer is a beneficiary the amount specified does not exceed the difference between—</p></intro><level class="para2"><num>(i)</num><content><p>the amount of the benefits payable to the beneficiary under the scheme on the deceased’s death, and</p></content></level><level class="para2"><num>(ii)</num><content><p>the amount that has already been paid on the deceased’s death in benefits to or for the benefit of the beneficiary under the scheme, or that has already been specified in a payment notice given by the beneficiary in relation to the deceased;</p></content></level></level><level class="para1" eId="d28e14426"><num>(e)</num><intro><p>that where the taxpayer is the deceased’s personal representatives the amount specified does not exceed the difference between—</p></intro><level class="para2"><num>(i)</num><content><p>the amount of the benefits payable under the scheme on the deceased’s death, and</p></content></level><level class="para2"><num>(ii)</num><content><p>the amount that has already been paid on the deceased’s death in benefits under the scheme, or that has already been specified in a payment notice given by any person in relation to the deceased;</p></content></level></level><level class="para1"><num>(f)</num><content><p>that the payment notice complies with any requirements prescribed by the Commissioners for His Majesty's Revenue and Customs as to form and content.</p></content></level></subsection><subsection><num>(4)</num><content><p>The references in subsection (3)(e) to benefits do not include excluded benefits or exempt benefits.</p></content></subsection><subsection><num>(5)</num><intro><p>The references in subsection <ref href="#d28e14384">(3)</ref><ref href="#d28e14408">(d)</ref> and <ref href="#d28e14426">(e)</ref> to the amount of benefits payable under the scheme—</p></intro><level class="para1"><num>(a)</num><content><p>include any amount that has been or will in future be payable, and</p></content></level><level class="para1"><num>(b)</num><content><p>in a case where the exact amount of benefits that will in future be payable cannot be known, are to be read as references to the amount that, having regard (in particular) to appropriate actuarial assumptions, can reasonably be expected to be paid.</p></content></level></subsection><subsection eId="d28e14482"><num>(6)</num><intro><p>Where the scheme administrator pays an amount of tax under this section, a consequential adjustment may be made, on a basis that is just and reasonable having regard to appropriate actuarial assumptions and to any tax previously paid—</p></intro><level class="para1"><num>(a)</num><content><p>where the taxpayer is a beneficiary, to that beneficiary’s entitlement to benefits under the scheme on the deceased’s death;</p></content></level><level class="para1"><num>(b)</num><content><p>where the taxpayer is the deceased’s personal representatives, to any person’s entitlement to benefits under the scheme on the deceased’s death.</p></content></level></subsection><subsection><num>(7)</num><intro><p>Any repayment under section 241 (overpayments) of tax paid by the scheme administrator under this section may, regardless of who the taxpayer is, be paid to—</p></intro><level class="para1"><num>(a)</num><content><p>the deceased’s personal representatives, or</p></content></level><level class="para1"><num>(b)</num><content><p>any of the beneficiaries to whom an officer of Revenue and Customs considers the overpayment of tax to relate</p></content></level><wrapUp><p>(but may not be paid to the scheme administrator).</p></wrapUp></subsection><subsection><num>(8)</num><intro><p>The rules of a registered pension scheme are void so far as they purport to prohibit or restrict—</p></intro><level class="para1"><num>(a)</num><content><p>the payment of tax by the scheme administrator as required under this section, or</p></content></level><level class="para1"><num>(b)</num><content><p>the making of a consequential adjustment under subsection <ref href="#d28e14482">(6)</ref> to a person’s entitlement to benefits under the scheme.</p></content></level></subsection><subsection><num>(9)</num><intro><p>In this section—</p></intro><hcontainer name="definition"><content><p>“<term refersTo="#term-beneficiary">beneficiary</term>”, in relation to a deceased member of a pension scheme, means a person who receives or has a right to receive benefits under the scheme on the member’s death;</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-tax">tax</term>” includes interest on tax.</p></content></hcontainer></subsection><subsection eId="d28e14562"><num>(10)</num><content><p>The Treasury may by regulations made by statutory instrument amend the figure for the time being mentioned in subsection <ref href="#d28e14384">(3)</ref><ref href="#d28e14396">(b)</ref>.</p></content></subsection><subsection><num>(11)</num><content><p>A statutory instrument containing regulations under subsection <ref href="#d28e14562">(10)</ref> is subject to annulment in pursuance of a resolution of the House of Commons.</p></content></subsection><subsection><num>(12)</num><content><p>For the consequences if the scheme administrator fails to comply with this section, see section <ref href="#d28e13927">210</ref><ref href="#d28e13955">(3)</ref><ref href="#d28e13967">(b)</ref> (joint liability of scheme administrator).</p></content></subsection></section></quotedStructure></mod></p></content></section><section eId="section-69"><num>69</num><heading>Connected amendments to IHTA 1984</heading><subsection eId="section-69-1"><num>(1)</num><content><p>IHTA 1984 is amended as follows.</p></content></subsection><subsection eId="section-69-2"><num>(2)</num><content><p>Omit section 12A (pension drawdown fund not used up: no deemed disposition).</p></content></subsection><subsection eId="section-69-3"><num>(3)</num><content><p><mod>In section 18 (exemption for transfers between spouses or civil partners), after subsection (3) insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><subsection><num>(3A)</num><intro><p>To the extent that the value transferred by a transfer of value made on the death of a member of a pension scheme is attributable to the member’s notional pension property—</p></intro><level class="para1" eId="d28e14628"><num>(a)</num><content><p>the value transferred is treated for the purposes of this section as also attributable to any property that the person’s spouse or civil partner receives, or has a present or future right to receive, under the scheme on the death of the member otherwise than as an excluded benefit;</p></content></level><level class="para1"><num>(b)</num><content><p>the estate of the transferor’s spouse or civil partner is treated for the purposes of subsection (1) (so far as would not otherwise be the case) as increased by the value of any property that they receive, or have a right to receive, as mentioned in paragraph <ref href="#d28e14628">(a)</ref>, and</p></content></level><level class="para1"><num>(c)</num><content><p>subsection (3) does not apply in relation to the transfer of value.</p></content></level></subsection></quotedStructure></mod></p></content></subsection><subsection eId="section-69-4"><num>(4)</num><content><p><mod>In section 23 (gifts to charities or registered clubs), after subsection (5A) insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><subsection><num>(5B)</num><intro><p>To the extent that the value transferred by a transfer of value made on the death of a member of a pension scheme is attributable to the member’s notional pension property—</p></intro><level class="para1"><num>(a)</num><content><p>the value transferred is treated for the purposes of this section as also attributable to any property that on the death of the member is given under the scheme to charities or registered clubs, and</p></content></level><level class="para1"><num>(b)</num><content><p>subsection (2) does not apply in relation to the transfer of value.</p></content></level></subsection></quotedStructure></mod></p></content></subsection><subsection eId="section-69-5"><num>(5)</num><content><p><mod>In section 24 (gifts to political parties), after subsection (4) insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><subsection><num>(5)</num><intro><p>To the extent that the value transferred by a transfer of value made on the death of a member of a pension scheme is attributable to the member’s notional pension property—</p></intro><level class="para1"><num>(a)</num><content><p>the value transferred is treated for the purposes of this section as also attributable to any property that on the death of the member is given under the scheme to a political party qualifying for exemption under this section, and</p></content></level><level class="para1"><num>(b)</num><content><p>section 23(2) does not (despite subsection (3)) apply in relation to subsection (1).</p></content></level></subsection></quotedStructure></mod></p></content></subsection><subsection eId="section-69-6"><num>(6)</num><content><p><mod>In section 24A (gifts to housing associations), after subsection (3) insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><subsection><num>(4)</num><intro><p>To the extent that the value transferred by a transfer of value made on the death of a member of a pension scheme is attributable to the member’s notional pension property—</p></intro><level class="para1"><num>(a)</num><content><p>the value transferred is treated for the purposes of this section as also attributable to any land in the United Kingdom that on the death of the member is given under the scheme to a body falling within subsection (2), and</p></content></level><level class="para1"><num>(b)</num><content><p>section 23(2) does not (despite subsection (3)) apply in relation to subsection (1).</p></content></level></subsection></quotedStructure></mod></p></content></subsection><subsection eId="section-69-7"><num>(7)</num><content><p><mod>In section 25 (gifts for national purposes etc), after subsection (3) insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><subsection><num>(4)</num><intro><p>To the extent that the value transferred by a transfer of value made on the death of a member of a pension scheme is attributable to the member’s notional pension property—</p></intro><level class="para1"><num>(a)</num><intro><p>the value transferred is treated for the purposes of this section as also attributable to any property that on the death of the member is given under the scheme—</p></intro><level class="para2"><num>(i)</num><content><p>to a body within Schedule 3, or</p></content></level><level class="para2"><num>(ii)</num><content><p>in the circumstances described in paragraph 1 of Schedule 14 to the Finance Act 2012 (gifts to nation), and</p></content></level></level><level class="para1"><num>(b)</num><content><p>section 23(2) does not (despite subsection (2)) apply in relation to subsection (1).</p></content></level></subsection></quotedStructure></mod></p></content></subsection><subsection eId="section-69-8"><num>(8)</num><content><p><mod>In section 27 (maintenance funds for historic buildings etc), after subsection (2) insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><subsection><num>(3)</num><intro><p>To the extent that the value transferred by a transfer of value made on the death of a member of a pension scheme is attributable to the member’s notional pension property—</p></intro><level class="para1"><num>(a)</num><intro><p>the value transferred is treated for the purposes of this section as also attributable to any property—</p></intro><level class="para2"><num>(i)</num><content><p>that on the death of the member is given under the scheme to a person and becomes comprised in a settlement, and</p></content></level><level class="para2"><num>(ii)</num><content><p>in respect of which the condition in subsection (1)(a) or (b) is met, and</p></content></level></level><level class="para1"><num>(b)</num><content><p>section 23(2) does not (despite subsection (2)) apply in relation to subsection (1).</p></content></level></subsection></quotedStructure></mod></p></content></subsection><subsection eId="section-69-9"><num>(9)</num><intro><p>In section 151 (treatment of pension rights etc)—</p></intro><level class="para1" eId="section-69-9-a"><num>(a)</num><content><p><mod>for the heading substitute <quotedText>“Other provision about pension interests”</quotedText>;</mod></p></content></level><level class="para1" eId="section-69-9-b"><num>(b)</num><content><p><mod>for subsections (2) and (3) substitute—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><subsection><num>(3)</num><content><p>Sections 49 to 53 (holder of interest in possession treated as directly entitled to property in which interest subsists etc) do not apply in relation to an interest in possession in property where the property is held for the purposes of a registered pension scheme, a qualifying non-UK pension scheme or a section 615(3) scheme.</p></content></subsection></quotedStructure><inline name="appendText">;</inline></mod></p></content></level><level class="para1" eId="section-69-9-c"><num>(c)</num><content><p>omit subsection (4).</p></content></level></subsection><subsection eId="section-69-10"><num>(10)</num><content><p>Omit section 152 (cash options).</p></content></subsection><subsection eId="section-69-11"><num>(11)</num><content><p><mod>After section 218A insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><section><num>218B</num><heading>Pensions: information powers</heading><subsection><num>(1)</num><content><p>The powers conferred on the Board by section 251 of the Finance Act 2004 (powers relating to the provision and preservation of information in connection with pensions) are exercisable for the purposes of this Act.</p></content></subsection><subsection><num>(2)</num><content><p>Subsection (1) is without prejudice to the generality of that section of that Act.</p></content></subsection></section></quotedStructure></mod></p></content></subsection><subsection eId="section-69-12"><num>(12)</num><intro><p>In section 272 (general interpretation), in subsection (1)—</p></intro><level class="para1" eId="section-69-12-a"><num>(a)</num><content><p><mod>in the definition of “member”, after “scheme,” insert <quotedText>“a qualifying non-UK pension scheme or a section 615(3) scheme,”</quotedText>;</mod></p></content></level><level class="para1" eId="section-69-12-b"><num>(b)</num><content><p><mod>at the appropriate places insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><hcontainer name="definition"><content><p>“<term refersTo="#term-excluded-benefit">excluded benefit</term>”, in relation to a pension scheme, has the meaning given by section <ref href="#d28e13639">150A</ref><ref href="#d28e13763">(6)</ref>;</p></content></hcontainer></quotedStructure><inline name="appendText">;</inline></mod></p><p><mod><quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><hcontainer name="definition"><content><p>“<term refersTo="#term-exempt-benefit">exempt benefit</term>”, in relation to a pension scheme and a deceased member of the scheme, has the meaning given by section 210<ref href="#d28e14057">(7)</ref>;</p></content></hcontainer></quotedStructure><inline name="appendText">;</inline></mod></p><p><mod><quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><hcontainer name="definition"><content><p>“<term refersTo="#term-notional-pension-property">notional pension property</term>”, in relation to a member of a pension scheme and a pension scheme, means property to which the member is treated under section <ref href="#d28e13639">150A</ref><ref href="#d28e13643">(1)</ref> (certain pension property treated as part of estate) as having been beneficially entitled immediately before their death by reference to the arrangements under the scheme;</p></content></hcontainer></quotedStructure><inline name="appendText">;</inline></mod></p><p><mod><quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><hcontainer name="definition"><content><p>“<term refersTo="#term-qualifying-non-uk-pension-scheme">qualifying non-UK pension scheme</term>” has the meaning given in section 271A;</p></content></hcontainer></quotedStructure><inline name="appendText">;</inline></mod></p><p><mod><quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><hcontainer name="definition"><content><p>“<term refersTo="#term-the-scheme-administrator">the scheme administrator</term>”, in relation to a registered pension scheme, has the meaning given in section 270 of the Finance Act 2004;</p></content></hcontainer></quotedStructure><inline name="appendText">.</inline></mod></p></content></level></subsection></section><section eId="section-70"><num>70</num><heading>Connected amendments to income tax rules</heading><subsection eId="section-70-1"><num>(1)</num><content><p>ITEPA 2003 is amended in accordance with <span><ref href="#section-70-2">subsections (2)</ref> to <ref href="#section-70-6">(6)</ref></span>.</p></content></subsection><subsection eId="section-70-2"><num>(2)</num><content><p><mod>In section 567 (amount charged to tax), in subsection (5), at the appropriate place insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><blockList class="unordered none" ukl:Name="UnorderedList" ukl:Decoration="none"><item><p>section <ref href="#d28e15003">567B</ref> (deduction where inheritance tax is paid in respect of pension death benefit);</p></item></blockList></quotedStructure><inline name="appendText">.</inline></mod></p></content></subsection><subsection eId="section-70-3"><num>(3)</num><content><p><mod>After section 567A insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><section eId="d28e15003"><num>567B</num><heading>Cases where inheritance tax is paid in respect of pension death benefit</heading><subsection eId="d28e15007"><num>(1)</num><intro><p>This section applies if—</p></intro><level class="para1"><num>(a)</num><content><p>there is an amount of taxable pension income (“amount TPI”) for a tax year for a pension, annuity or other item of pension income,</p></content></level><level class="para1"><num>(b)</num><content><p>amount TPI reflects (to any extent) the payment to a person (“<term refersTo="#term-the-beneficiary">the beneficiary</term>”) of a benefit under a pension scheme on the death of a member of the scheme (“<term refersTo="#term-the-deceased">the deceased</term>”),</p></content></level><level class="para1"><num>(c)</num><content><p>the benefit is not an excluded benefit, and</p></content></level><level class="para1" eId="d28e15037"><num>(d)</num><intro><p>at any time (whether before or after the benefit is paid)—</p></intro><level class="para2"><num>(i)</num><content><p>the beneficiary pays an amount of inheritance tax that is attributable to the value of the deceased’s notional pension property,</p></content></level><level class="para2"><num>(ii)</num><content><p>the deceased’s personal representatives pay an amount of inheritance tax that is so attributable and pass on the burden of that payment to the beneficiary, or</p></content></level><level class="para2"><num>(iii)</num><content><p>the scheme administrator pays (under section 226B of IHTA 1984) an amount of inheritance tax that is so attributable, and the payment meets the condition in <ref href="#d28e15064">subsection (2)</ref>.</p></content></level></level></subsection><subsection eId="d28e15064"><num>(2)</num><intro><p>A payment of an amount of inheritance tax meets the condition in this subsection if (and so far as)—</p></intro><level class="para1"><num>(a)</num><content><p>in consequence of the payment, the scheme administrator makes an adjustment (under section 226B(5) of IHTA 1984) as a result of which the beneficiary’s entitlement to a benefit other than that mentioned in subsection (1) (“the other benefit”) is reduced, and</p></content></level><level class="para1"><num>(b)</num><content><p>disregarding that reduction, the other benefit would not give rise to taxable pension income for any tax year.</p></content></level></subsection><subsection eId="d28e15082"><num>(3)</num><intro><p>A deduction is allowed from amount TPI equal to the lesser of—</p></intro><level class="para1"><num>(a)</num><content><p>the amount of inheritance tax paid as mentioned in subsection (1)(d)(i) or (ii), less so much (if any) of that inheritance tax as has been deducted under this subsection in an earlier tax year, and</p></content></level><level class="para1"><num>(b)</num><content><p>so much of amount TPI as reflects the payment to the beneficiary of the benefit mentioned in subsection (1).</p></content></level></subsection><subsection eId="d28e15100"><num>(4)</num><intro><p>Where the deceased was under 75 on death, and the benefit mentioned in subsection (1) is a relevant lump sum death benefit, a deduction is allowed from amount TPI equal to the lesser of—</p></intro><level class="para1"><num>(a)</num><content><p>the amount of inheritance tax paid as mentioned in subsection (1)(d)(iii) so far as it meets the condition in <ref href="#d28e15064">subsection (2)</ref>, less so much (if any) of that inheritance tax as has been deducted under this subsection in an earlier tax year, and</p></content></level><level class="para1"><num>(b)</num><content><p>so much of amount TPI as reflects the payment to the beneficiary of the benefit mentioned in subsection (1).</p></content></level></subsection><subsection><num>(5)</num><content><p>Where a deduction is allowed under both of <ref href="#d28e15082">subsections (3)</ref> and <ref href="#d28e15100">(4)</ref>, the deduction under subsection <ref href="#d28e15100">(4)</ref> is to be made first.</p></content></subsection><subsection><num>(6)</num><intro><p>For the purposes of <ref href="#d28e15007">subsection (1)</ref><ref href="#d28e15037">(d)</ref> the deceased’s personal representatives “pass on the burden” of a payment of inheritance tax to the beneficiary if—</p></intro><level class="para1"><num>(a)</num><content><p>the personal representatives pay a sum to the beneficiary out of the deceased’s estate that has been reduced by the amount of inheritance tax, or</p></content></level><level class="para1"><num>(b)</num><content><p>the beneficiary reimburses the personal representatives that amount.</p></content></level></subsection><subsection><num>(7)</num><intro><p>In this section—</p></intro><hcontainer name="definition"><content><p>“<term refersTo="#term-ihta-1984">IHTA 1984</term>” means the Inheritance Tax Act 1984;</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-inheritance-tax">inheritance tax</term>” includes interest on inheritance tax;</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-excluded-benefit">excluded benefit</term>” has the same meaning as in IHTA 1984;</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-notional-pension-property">notional pension property</term>” has the same meaning as in IHTA 1984;</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-relevant-lump-sum-death-benefit">relevant lump sum death benefit</term>” has the same meaning as in section 637S.</p></content></hcontainer></subsection></section></quotedStructure></mod></p></content></subsection><subsection eId="section-70-4"><num>(4)</num><content><p><mod>After section 579CA insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><section eId="d28e15211"><num>579CB</num><heading>Refund of overpaid inheritance tax treated as pension</heading><subsection><num>(1)</num><intro><p>This section applies if—</p></intro><level class="para1"><num>(a)</num><content><p>an amount of inheritance tax that is attributable to the value of notional pension property of a deceased member of a registered pension scheme is paid,</p></content></level><level class="para1"><num>(b)</num><intro><p>some or all of the inheritance tax paid—</p></intro><level class="para2"><num>(i)</num><content><p>is repaid under section 241(1) of that Act to a person, other than a non-qualifying person, who is entitled to receive benefits under the scheme on the deceased’s death (a “beneficiary”), or</p></content></level><level class="para2"><num>(ii)</num><content><p>is repaid under that section to the deceased’s personal representatives and passed on by the personal representatives to a beneficiary,</p></content></level></level><level class="para1"><num>(c)</num><content><p>in a case in which the payment of inheritance tax mentioned in paragraph (a) was made by the beneficiary or by the deceased’s personal representatives, a deduction is allowed under section 567B in respect of the payment, and</p></content></level><level class="para1"><num>(d)</num><content><p>the deceased was aged 75 or over at the date of their death.</p></content></level></subsection><subsection><num>(2)</num><content><p>The relevant amount is treated for the purposes of this Part as though it were a pension paid under the registered pension scheme (and is treated as accruing in the tax year in which it is paid).</p></content></subsection><subsection><num>(3)</num><intro><p>In subsection (2) “<term refersTo="#term-the-relevant-amount">the relevant amount</term>” means—</p></intro><level class="para1"><num>(a)</num><content><p>in a case in which the payment of inheritance tax mentioned in subsection (1)(a) is made by the scheme administrator, the amount of the payment made to the beneficiary mentioned in subsection (1)(b)(i) or (ii);</p></content></level><level class="para1"><num>(b)</num><intro><p>in a case in which the payment of inheritance tax mentioned in subsection (1)(a) is made by a beneficiary or by the deceased’s personal representatives, the lesser of—</p></intro><level class="para2"><num>(i)</num><content><p>the amount of the payment made to the beneficiary mentioned in subsection (1)(b)(i) or (ii), and</p></content></level><level class="para2"><num>(ii)</num><content><p>the deduction allowed under section 567B in respect of the payment of inheritance tax mentioned in subsection (1)(a).</p></content></level></level></subsection><subsection><num>(4)</num><intro><p>In this section—</p></intro><hcontainer name="definition"><content><p>“<term refersTo="#term-inheritance-tax">inheritance tax</term>” includes interest on inheritance tax;</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-non-qualifying-person">non-qualifying person</term>” has the same meaning as in section 206 of FA 2004 (special lump sum death benefit charge).</p></content></hcontainer></subsection></section></quotedStructure></mod></p></content></subsection><subsection eId="section-70-5"><num>(5)</num><content><p><mod>In section 637T (availability of individual’s lump sum and death benefit allowance where multiple lump sum death benefits paid), after subsection (4) insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><subsection><num>(5)</num><content><p>Where any inheritance tax is attributable to the value of the individual’s notional pension property, references in subsection (4) to the amount of a lump sum death benefit are to its IHT-adjusted amount.</p></content></subsection><subsection><num>(6)</num><content><p>The “IHT-adjusted amount” of a lump sum death benefit paid to a person under a registered pension scheme is (subject to <ref href="#d28e15384">subsection (7)</ref>) the amount determined as follows —</p><blockList class="unordered none" ukl:Name="UnorderedList" ukl:Decoration="none"><item><p><i>Step 1</i></p><p>Take the amount of the lump sum death benefit paid to the person.</p></item><item><p><i>Step 2</i></p><p>Add the amount (if any) by which the person’s entitlement to the lump sum death benefit was reduced in consequence of an adjustment under section 226B(5) of IHTA 1984.</p></item><item><p><i>Step 3</i></p><p>Deduct the amount (if any) of inheritance tax—</p><blockList class="ordered alpha parens" ukl:Name="OrderedList" ukl:Type="alpha" ukl:Decoration="parens"><item><num>(a)</num><p>that is attributable to the value of the individual’s notional pension property in relation to the scheme, and</p></item><item><num>(b)</num><p>for which the person—</p><blockList class="ordered roman parens" ukl:Name="OrderedList" ukl:Type="roman" ukl:Decoration="parens"><item><num>(i)</num><p>is, or at any time was, liable under section 200(1)(c) of IHTA 1984, or</p></item><item><num>(ii)</num><p>would at any time have been liable under that provision if the tax had not previously been paid by another person.</p></item></blockList></item></blockList><p>If the result is a negative amount, the IHT-adjusted amount of the lump sum death benefit is nil.</p></item></blockList></content></subsection><subsection eId="d28e15384"><num>(7)</num><content><p>Where more than one lump sum death benefit is paid to the person under the scheme, the amount to be deducted under Step 3 is the following proportion of the amount of inheritance tax identified in that Step—</p><tblock class="formula"><foreign><default:math xmlns="http://www.w3.org/1998/Math/MathML" alttext="C over D" altimg="http://www.legislation.gov.uk/ukpga/2026/11/images/ukpga_20260011_en_001"><default:mi>C</default:mi><default:mo>/</default:mo><default:mi>D</default:mi></default:math></foreign><blockContainer class="where"><p>where—</p><tblock class="definition"><p>“<term refersTo="#term-c">C</term>” is the amount resulting from Step 2;</p></tblock><tblock class="definition"><p>“<term refersTo="#term-d">D</term>” is the aggregate of the amounts resulting from Step 2 in respect of each lump sum death benefit paid to the person under the scheme.</p></tblock></blockContainer></tblock></content></subsection><subsection><num>(8)</num><intro><p>In this section—</p></intro><level class="para1"><num>(a)</num><content><p>“<term refersTo="#term-ihta-1984">IHTA 1984</term>” means the Inheritance Tax Act 1984;</p></content></level><level class="para1"><num>(b)</num><content><p>“<term refersTo="#term-notional-pension-property">notional pension property</term>” has the same meaning as in IHTA 1984.</p></content></level></subsection></quotedStructure></mod></p></content></subsection><subsection eId="section-70-6"><num>(6)</num><content><p><mod>In section 683 (PAYE income), in subsection (3B), at the end insert <quotedText>“or section <ref href="#d28e15211">579CB</ref> (inheritance tax overpaid by scheme administrator: refund treated as pension)”</quotedText>.</mod></p></content></subsection><subsection eId="section-70-7"><num>(7)</num><content><p>FA 2004 is amended in accordance with <ref href="#section-70-8">subsections (8)</ref> to <ref href="#section-70-10">(10)</ref>.</p></content></subsection><subsection eId="section-70-8"><num>(8)</num><content><p><mod>In section 164 (authorised member payments), in subsection (1), after paragraph (e) (but before the “and” that follows it) insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><level class="para1"><num>(ea)</num><content><p>payments of inheritance tax under section <ref href="#d28e14353">226B</ref> of the Inheritance Tax Act 1984 (direct payment of tax by scheme administrator),</p></content></level></quotedStructure><inline name="appendText">.</inline></mod></p></content></subsection><subsection eId="section-70-9"><num>(9)</num><content><p><mod>After section 206 insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><section><num>206A</num><heading>Partial repayment of section 206 charge where IHT paid by recipient of benefit</heading><subsection eId="d28e15497"><num>(1)</num><intro><p>This section applies where—</p></intro><level class="para1"><num>(a)</num><content><p>a registered pension scheme pays a lump sum death benefit in respect of a deceased member to a non-qualifying person,</p></content></level><level class="para1"><num>(b)</num><content><p>a liability to the lump sum death benefits charge arises in respect of the lump sum death benefit,</p></content></level><level class="para1" eId="d28e15515"><num>(c)</num><intro><p>at any time (whether before or after the payment of the lump sum death benefit)—</p></intro><level class="para2"><num>(i)</num><content><p>the non-qualifying person pays an amount of inheritance tax that is attributable to the value of the deceased’s notional pension property, or</p></content></level><level class="para2"><num>(ii)</num><content><p>the deceased’s personal representatives pay an amount of inheritance tax that is so attributable and pass on the burden of that payment to the non-qualifying person, and</p></content></level></level><level class="para1"><num>(d)</num><content><p>the non-qualifying person makes an application under this section for a reduction in the lump sum death benefits charge.</p></content></level></subsection><subsection eId="d28e15539"><num>(2)</num><content><p>Section 206 applies in relation to the lump sum death benefit as if the amount of the benefit that was paid to the non-qualifying person were the amount in fact paid, reduced by the amount of inheritance tax paid as mentioned in <ref href="#d28e15497">subsection (1)</ref><ref href="#d28e15515">(c)</ref>.</p></content></subsection><subsection><num>(3)</num><content><p>If and to the extent that the amount of the lump sum death benefits charge paid in respect of the lump sum death benefit exceeds the amount of the liability (as recalculated as a result of <ref href="#d28e15539">subsection (2)</ref>), the excess must be repaid to the non-qualifying person (and may not be repaid to the scheme administrator).</p></content></subsection><subsection><num>(4)</num><content><p>An application under this section is of no effect unless it complies with such requirements as to timing, form and content as may be prescribed by the Commissioners.</p></content></subsection><subsection><num>(5)</num><intro><p>For the purposes of <ref href="#d28e15497">subsection (1)</ref><ref href="#d28e15515">(c)</ref> the deceased’s personal representatives “pass on the burden” of a payment of inheritance tax to the non-qualifying person if—</p></intro><level class="para1"><num>(a)</num><content><p>the personal representatives pay a sum to the non-qualifying person out of the deceased’s estate that has been reduced by the amount of inheritance tax, or</p></content></level><level class="para1"><num>(b)</num><content><p>the non-qualifying person reimburses the personal representatives that amount.</p></content></level></subsection><subsection><num>(6)</num><intro><p>In this section—</p></intro><hcontainer name="definition"><content><p>“<term refersTo="#term-the-commissioners">the Commissioners</term>” means the Commissioners for His Majesty’s Revenue and Customs;</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-inheritance-tax">inheritance tax</term>” includes interest on inheritance tax;</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-non-qualifying-person">non-qualifying person</term>” has the same meaning as in section 206.</p></content></hcontainer></subsection></section><section><num>206B</num><heading>Supplementary charge on refund of overpaid IHT</heading><subsection eId="d28e15623"><num>(1)</num><intro><p>This section applies where—</p></intro><level class="para1"><num>(a)</num><content><p>a registered pension scheme pays a lump sum death benefit in respect of a deceased member to a non-qualifying person,</p></content></level><level class="para1"><num>(b)</num><content><p>a liability to the lump sum death benefits charge arises in respect of the lump sum death benefit,</p></content></level><level class="para1" eId="d28e15641"><num>(c)</num><content><p>an amount of inheritance tax that is attributable to the value of notional pension property of the deceased member is paid,</p></content></level><level class="para1" eId="d28e15647"><num>(d)</num><intro><p>some or all of the inheritance tax paid as mentioned in <ref href="#d28e15641">paragraph (c)</ref> is subsequently—</p></intro><level class="para2" eId="d28e15656"><num>(i)</num><content><p>repaid under section 241(1) of that Act to the non-qualifying person, or</p></content></level><level class="para2" eId="d28e15662"><num>(ii)</num><content><p>repaid under that section to the deceased’s personal representatives and passed on by the personal representatives to the non-qualifying person, and</p></content></level></level><level class="para1"><num>(e)</num><content><p>in a case in which the payment mentioned in <ref href="#d28e15641">paragraph (c)</ref> was made by the non-qualifying person or by the deceased’s personal representatives, the non-qualifying person has made an application under section 206A in relation to the lump sum death benefit.</p></content></level></subsection><subsection eId="d28e15677"><num>(2)</num><content><p>A charge to income tax arises in respect of the relevant amount.</p></content></subsection><subsection><num>(3)</num><intro><p>In <ref href="#d28e15677">subsection (2)</ref> “<term refersTo="#term-the-relevant-amount">the relevant amount</term>” means—</p></intro><level class="para1"><num>(a)</num><content><p>in a case in which the payment of inheritance tax mentioned in <ref href="#d28e15623">subsection (1)</ref><ref href="#d28e15641">(c)</ref> is made by the scheme administrator, the amount of the payment made to the non-qualifying person mentioned in <ref href="#d28e15623">subsection (1)</ref><ref href="#d28e15647">(d)</ref><ref href="#d28e15656">(i)</ref> or <ref href="#d28e15662">(ii)</ref>;</p></content></level><level class="para1"><num>(b)</num><intro><p>in a case in which the payment of inheritance tax mentioned in <ref href="#d28e15623">subsection (1)</ref><ref href="#d28e15641">(c)</ref> is made by the non-qualifying person, or by the deceased’s personal representatives, the lesser of—</p></intro><level class="para2"><num>(i)</num><content><p>the amount of the payment made to the non-qualifying person mentioned in <ref href="#d28e15623">subsection (1)</ref><ref href="#d28e15647">(d)</ref><ref href="#d28e15656">(i)</ref> or <ref href="#d28e15662">(ii)</ref>, and</p></content></level><level class="para2"><num>(ii)</num><content><p>the repayment made under section 206A to the non-qualifying person in relation to the lump sum death benefit.</p></content></level></level></subsection><subsection><num>(4)</num><content><p>The person liable to the charge is the non-qualifying person.</p></content></subsection><subsection><num>(5)</num><content><p>The rate of the charge is the same as the rate of the special lump sum death benefits charge (see section 206(4)).</p></content></subsection><subsection><num>(6)</num><intro><p>In this section—</p></intro><hcontainer name="definition"><content><p>“<term refersTo="#term-inheritance-tax">inheritance tax</term>” includes interest on inheritance tax;</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-non-qualifying-person">non-qualifying person</term>” has the same meaning as in section 206.</p></content></hcontainer></subsection></section></quotedStructure></mod></p></content></subsection><subsection eId="section-70-10"><num>(10)</num><content><p><mod>In section 274A (power to split pension schemes), at the end insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><subsection><num>(5)</num><content><p>Sections <ref href="#d28e14185">226A</ref> and <ref href="#d28e14353">226B</ref> of the Inheritance Tax Act 1984 (withholding of benefits and payment of inheritance tax by scheme administrator) are treated for the purposes of this section as provision made by this Part.</p></content></subsection></quotedStructure></mod></p></content></subsection></section><section eId="section-71"><num>71</num><heading>Commencement of <span><ref href="#section-66">sections 66</ref> to <ref href="#section-70">70</ref></span></heading><content><p>The amendments made by <span><ref href="#section-66">sections 66</ref> to <ref href="#section-70">70</ref></span> apply in relation to deaths, and (so far as relevant) to other transfers of value within the meaning of IHTA 1984, occurring on or after 6 April 2027.</p></content></section></hcontainer><hcontainer name="crossheading" ukl:Name="Pblock" eId="part-2-crossheading-freeze-of-nil-rate-band-etc"><heading>Freeze of nil rate band etc</heading><section eId="section-72"><num>72</num><heading>Rate bands etc for tax year 2030-31</heading><intro><p>In section 86 of FA 2021 (no indexation of rate bands, residential enhancement and taper threshold for tax years up to 2029-30)—</p></intro><level class="para1" eId="section-72-a"><num>(a)</num><content><p><mod>for “or 2028” substitute <quotedText>“, 2028 or 2029”</quotedText>, and</mod></p></content></level><level class="para1" eId="section-72-b"><num>(b)</num><content><p><mod>in the heading, for “2029-30” substitute <quotedText>“2030-31”</quotedText>.</mod></p></content></level></section></hcontainer><hcontainer name="crossheading" ukl:Name="Pblock" eId="part-2-crossheading-provision-relating-to-new-regime-in-fa-2025"><heading>Provision relating to new regime in FA 2025</heading><section eId="section-73"><num>73</num><heading>Relevant property: disapplication of exemptions from exit charges</heading><subsection eId="section-73-1"><num>(1)</num><content><p><mod>In IHTA 1984, in section 65 (relevant property: exit charges), after subsection (8A) insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><subsection eId="d28e15870"><num>(8B)</num><intro><p>None of subsections (7), (7A) and (8) applies in relation to property comprised in a settlement if—</p></intro><level class="para1"><num>(a)</num><intro><p>a long-term residence change took place at a time—</p></intro><level class="para2"><num>(i)</num><content><p>before the event in question, and</p></content></level><level class="para2"><num>(ii)</num><content><p>if there have been one or more ten-year anniversaries before the event in question, after the most recent of them,</p></content></level></level><level class="para1"><num>(b)</num><content><p>the long-term residence change did not result in tax being charged under this section by reference to the property, and</p></content></level><level class="para1"><num>(c)</num><content><p>the long-term residence change would have resulted in tax being charged under this section by reference to the property if the property had been property situated outside the United Kingdom when the long-term residence change took place.</p></content></level></subsection><subsection><num>(8C)</num><intro><p>In subsection <ref href="#d28e15870">(8B)</ref> “<term refersTo="#term-long-term-residence-change">long-term residence change</term>” means—</p></intro><level class="para1"><num>(a)</num><content><p>the settlor not being a long-term UK resident at the start of the tax year 2025-26, or</p></content></level><level class="para1"><num>(b)</num><content><p>the settlor ceasing to be a long-term UK resident at the start of any later tax year.</p></content></level></subsection></quotedStructure></mod></p></content></subsection><subsection eId="section-73-2"><num>(2)</num><content><p>The amendment made by <ref href="#section-73-1">subsection (1)</ref> is treated as having come into force on 26 November 2025.</p></content></subsection></section><section eId="section-74"><num>74</num><heading>Relevant property: cap on charges for pre-30 October 2024 excluded property</heading><subsection eId="section-74-1"><num>(1)</num><content><p><mod>In IHTA 1984, after section 75A insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><section><num>75B</num><heading>Cap on charges for pre-30 October 2024 excluded property</heading><subsection eId="d28e15960"><num>(1)</num><intro><p>This section applies if (ignoring this section) tax is charged under section 64 (ten-year anniversary charge) or 65 (exit charge) by reference to the value of property—</p></intro><level class="para1"><num>(a)</num><content><p>that became comprised in the settlement in question before 30 October 2024,</p></content></level><level class="para1"><num>(b)</num><content><p>that immediately before 30 October 2024 was excluded property by virtue of section 48(3) or (3A) (as it had effect at that time), and</p></content></level><level class="para1"><num>(c)</num><intro><p>that immediately before the occasion of the charge—</p></intro><level class="para2"><num>(i)</num><content><p>is situated outside the United Kingdom and is not property to which paragraph 2 or 3 of Schedule A1 applies, or</p></content></level><level class="para2"><num>(ii)</num><content><p>is a holding in an authorised unit trust or a share in an open-ended investment company.</p></content></level></level></subsection><subsection><num>(2)</num><intro><p>The amount of tax charged by reference to the value of the property is, if it would otherwise be greater, to be reduced (but not below zero) to the difference between—</p></intro><level class="para1"><num>(a)</num><content><p>the applicable cap in relation to the relevant period in which the occasion of the charge falls, and</p></content></level><level class="para1"><num>(b)</num><content><p>any amount of tax already charged under section 65 in relation to the settlement, earlier in that relevant period, by reference to the value of property meeting the conditions in subsection <ref href="#d28e15960">(1)</ref>.</p></content></level></subsection><subsection><num>(3)</num><intro><p>In this section—</p></intro><hcontainer name="definition"><intro><p>“<term refersTo="#term-the-applicable-cap">the applicable cap</term>” means—</p></intro><level class="para1"><num>(a)</num><content><p>in relation to the first relevant period, £125,000 multiplied by the number of whole successive quarters in the period;</p></content></level><level class="para1"><num>(b)</num><content><p>in relation to a subsequent relevant period, £5 million;</p></content></level></hcontainer><hcontainer name="definition"><intro><p>“<term refersTo="#term-relevant-period">relevant period</term>” means—</p></intro><level class="para1"><num>(a)</num><content><p>the period beginning with 6 April 2025 and ending with the first ten-year anniversary falling after that date, and</p></content></level><level class="para1"><num>(b)</num><content><p>each subsequent period of ten years.</p></content></level></hcontainer></subsection></section></quotedStructure></mod></p></content></subsection><subsection eId="section-74-2"><num>(2)</num><content><p>The amendment made by <ref href="#section-74-1">subsection (1)</ref> is treated as having come into force on 6 April 2025.</p></content></subsection></section><section eId="section-75"><num>75</num><heading>Foreign diplomats etc: periods of UK residence to be disregarded</heading><subsection eId="section-75-1"><num>(1)</num><content><p><mod>In IHTA 1984, after section 155 insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><hcontainer name="crossheading" ukl:Name="Pblock"><heading>Foreign diplomats etc</heading><section><num>155ZA</num><heading>Foreign diplomats etc</heading><subsection><num>(1)</num><content><p>In determining whether a person is a long-term UK resident for the purposes of this Act, the person is treated (so far as would not otherwise be the case) as not having been resident in the United Kingdom for any tax year in which they were subject at any time to a relevant international exemption.</p></content></subsection><subsection><num>(2)</num><content><p>For that purpose a person is “subject to a relevant international exemption” at a given time if, were the person to die at that time, an exemption in respect of inheritance tax would apply in relation to any of the person’s property by virtue of any of the following—</p><blockList class="unordered none" ukl:Name="UnorderedList" ukl:Decoration="none"><item><p>the Diplomatic Privileges Act 1964</p></item><item><p>the Consular Relations Act 1968</p></item><item><p>the International Organisations Act 1968</p></item><item><p>the European Communities Act 1972</p></item><item><p>the International Criminal Court Act 2001.</p></item></blockList></content></subsection></section></hcontainer></quotedStructure></mod></p></content></subsection><subsection eId="section-75-2"><num>(2)</num><content><p>The amendment made by subsection (1) is treated as having come into force on 6 April 2025 (and has effect in relation to tax years ending before that date as it has effect in relation to later tax years).</p></content></subsection></section><section eId="section-76"><num>76</num><heading>Minor corrections</heading><subsection eId="section-76-1"><num>(1)</num><content><p><ref eId="c00118" href="https://www.legislation.gov.uk/ukpga/1984/51/contents">IHTA 1984</ref> is amended in accordance with <ref href="#section-76-2">subsections (2)</ref> and <ref href="#section-76-3">(3)</ref>.</p></content></subsection><subsection eId="section-76-2"><num>(2)</num><content><p><mod>In section 267ZD (further provision about elections under section 267ZC), in <ref eId="c00119" href="https://www.legislation.gov.uk/ukpga/1984/51/section/267D">subsection (8)</ref>, for “a lifetime election” substitute <quotedText>“an election under section 267ZC”</quotedText>.</mod></p></content></subsection><subsection eId="section-76-3"><num>(3)</num><content><p>In <ref eId="c00120" href="https://www.legislation.gov.uk/ukpga/1984/51/section/157">section 157</ref> (non-residents’ bank accounts), in <ref eId="c00121" href="https://www.legislation.gov.uk/ukpga/1984/51/section/157">subsection (3)</ref>, in each of <ref eId="c00122" href="https://www.legislation.gov.uk/ukpga/1984/51/section/157">paragraphs (c)</ref> and <ref eId="c00123" href="https://www.legislation.gov.uk/ukpga/1984/51/section/157">(d)</ref>, omit “not”.</p></content></subsection><subsection eId="section-76-4"><num>(4)</num><content><p>The amendment made by <ref href="#section-76-2">subsection (2)</ref> is treated as having come into force on 6 April 2025.</p></content></subsection><subsection eId="section-76-5"><num>(5)</num><content><p>The amendment made by <ref href="#section-76-3">subsection (3)</ref> is treated as having come into force on 26 November 2025.</p></content></subsection><subsection eId="section-76-6"><num>(6)</num><content><p><ref eId="c00124" href="https://www.legislation.gov.uk/ukpga/1984/51/section/157">Section 157</ref><ref eId="c00125" href="https://www.legislation.gov.uk/ukpga/1984/51/section/157">(3)</ref> of <ref eId="c00126" href="https://www.legislation.gov.uk/ukpga/1984/51/contents">IHTA 1984</ref> is treated as having had effect for the period beginning with 6 April 2025 and ending with 26 November 2025 with the omission of its <ref eId="c00127" href="https://www.legislation.gov.uk/ukpga/1984/51/section/157">paragraphs (c)</ref> and <ref eId="c00128" href="https://www.legislation.gov.uk/ukpga/1984/51/section/157">(d)</ref> (and the insertion of “or” after paragraph (a)).</p></content></subsection></section></hcontainer><hcontainer name="crossheading" ukl:Name="Pblock" eId="part-2-crossheading-infected-blood-compensation-payments"><heading>Infected blood compensation payments</heading><section eId="section-77"><num>77</num><heading>Power to make provision about infected blood compensation payments</heading><subsection eId="section-77-1"><num>(1)</num><content><p>The Treasury may by regulations made by statutory instrument make provision conferring relief from inheritance tax in respect of infected blood compensation payments.</p></content></subsection><subsection eId="section-77-2"><num>(2)</num><content><p>The provision that may be made under <ref href="#section-77-1">subsection (1)</ref> includes provision about the treatment of dispositions of amounts received by way of, or that are otherwise referable to, infected blood compensation payments.</p></content></subsection><subsection eId="section-77-3"><num>(3)</num><intro><p>Regulations under <ref href="#section-77-1">subsection (1)</ref> may—</p></intro><level class="para1" eId="section-77-3-a"><num>(a)</num><content><p>amend or otherwise modify Schedule 15 to FA 2020 (tax relief for scheme payments etc);</p></content></level><level class="para1" eId="section-77-3-b"><num>(b)</num><content><p>include retrospective provision that does not increase any person’s liability to tax;</p></content></level><level class="para1" eId="section-77-3-c"><num>(c)</num><content><p>make different provision for different cases;</p></content></level><level class="para1" eId="section-77-3-d"><num>(d)</num><content><p>include consequential, transitional or saving provision.</p></content></level></subsection><subsection eId="section-77-4"><num>(4)</num><intro><p>In this section—</p></intro><hcontainer name="definition"><intro><p>“<term refersTo="#term-infected-blood-compensation-payment" eId="term-infected-blood-compensation-payment">infected blood compensation payment</term>” means a payment that—</p></intro><level class="para1"><num>(a)</num><content><p>is made under an infected blood compensation scheme, and</p></content></level><level class="para1"><num>(b)</num><content><p>is a qualifying payment for the purposes of Schedule 15 to FA 2020 (tax relief for scheme payments etc) by virtue of regulations made under paragraph 2(5) of that Schedule;</p></content></level></hcontainer><hcontainer name="definition"><intro><p>“<term refersTo="#term-infected-blood-compensation-scheme" eId="term-infected-blood-compensation-scheme">infected blood compensation scheme</term>” means—</p></intro><level class="para1"><num>(a)</num><content><p>the infected blood compensation scheme established by virtue of section 49 of the Victims and Prisoners Act 2024, or</p></content></level><level class="para1"><num>(b)</num><content><p>the scheme known as the Infected Blood Interim Compensation Payment Scheme (a non-statutory scheme established before that mentioned in paragraph (a)).</p></content></level></hcontainer></subsection><subsection eId="section-77-5"><num>(5)</num><content><p>A statutory instrument containing regulations under <ref href="#section-77-1">subsection (1)</ref> that amend or otherwise modify Schedule 15 to FA 2020 may not be made unless a draft of the instrument has been laid before, and approved by a resolution of, the House of Commons.</p></content></subsection><subsection eId="section-77-6"><num>(6)</num><content><p>A statutory instrument containing any other regulations under <ref href="#section-77-1">subsection (1)</ref> is subject to annulment in pursuance of a resolution of the House of Commons.</p></content></subsection></section></hcontainer><hcontainer name="crossheading" ukl:Name="Pblock" eId="part-2-crossheading-gifts-to-charities-and-registered-clubs"><heading>Gifts to charities and registered clubs</heading><section eId="section-78"><num>78</num><heading>Scope of exemption for gifts to charities and registered clubs</heading><subsection eId="section-78-1"><num>(1)</num><content><p>IHTA 1984 is amended as follows.</p></content></subsection><subsection eId="section-78-2"><num>(2)</num><intro><p>In section 23 (gifts to charities or registered clubs), in subsection (6)—</p></intro><level class="para1" eId="section-78-2-a"><num>(a)</num><content><p>in paragraph (a), omit “or is held on trust for charitable purposes only”;</p></content></level><level class="para1" eId="section-78-2-b"><num>(b)</num><content><p>in paragraph (b), omit “or is held on trust for purposes of registered clubs only”.</p></content></level></subsection><subsection eId="section-78-3"><num>(3)</num><content><p>In section 29A (abatement of exemption where claim settled out of beneficiary’s own resources), in subsection (6), in paragraph (b) of the definition of “the exempt beneficiary”, omit sub-paragraph (ii) and the “or” before it.</p></content></subsection><subsection eId="section-78-4"><num>(4)</num><intro><p>In section 142 (alteration of dispositions taking effect on death)—</p></intro><level class="para1" eId="section-78-4-a"><num>(a)</num><content><p><mod>in subsection (3A), for “the appropriate person” substitute <quotedText>“the charity or registered club to which the property is given”</quotedText>;</mod></p></content></level><level class="para1" eId="section-78-4-b"><num>(b)</num><content><p>omit subsection (3B).</p></content></level></subsection><subsection eId="section-78-5"><num>(5)</num><intro><p>The amendments made by this section have effect—</p></intro><level class="para1" eId="section-78-5-a"><num>(a)</num><content><p>in relation to a transfer of value made on a person’s death, if the person dies on or after 6 April 2026;</p></content></level><level class="para1" eId="section-78-5-b"><num>(b)</num><content><p>in relation to a transfer of value made at any other time, if the transfer is made on or after 26 November 2025.</p></content></level><wrapUp><p>References in this subsection to the making of a transfer of value are to be construed in accordance with IHTA 1984.</p></wrapUp></subsection></section><section eId="section-79"><num>79</num><heading>Section <ref href="#section-78">78</ref>: transitional protection for existing interests in possession</heading><subsection eId="section-79-1"><num>(1)</num><intro><p><ref href="#section-79-2">Subsection (2)</ref> applies in relation to a transfer of value (“the original transfer”) to the extent that the value transferred by it is attributable to property which meets each of the following conditions, namely—</p></intro><level class="para1" eId="section-79-1-a"><num>(a)</num><content><p>that immediately before the original transfer a person was beneficially entitled to an interest in possession in the property to which section 49(1) of IHTA 1984 (interests treated as part of estate) applied;</p></content></level><level class="para1" eId="section-79-1-b"><num>(b)</num><content><p>that the person became beneficially entitled to the interest in possession before 26 November 2025;</p></content></level><level class="para1" eId="section-79-1-c"><num>(c)</num><intro><p>that by virtue of the original transfer the property is held on trust—</p></intro><level class="para2" eId="section-79-1-c-i"><num>(i)</num><content><p>only for charitable purposes, or</p></content></level><level class="para2" eId="section-79-1-c-ii"><num>(ii)</num><content><p>only for purposes of registered clubs,</p></content></level><wrapUp><p>but is not given to charities or registered clubs;</p></wrapUp></level><level class="para1" eId="section-79-1-d"><num>(d)</num><content><p>that the property is given to charities or registered clubs within the period of 2 years beginning with the date of the original transfer (“the subsequent gift”).</p></content></level></subsection><subsection eId="section-79-2"><num>(2)</num><intro><p>For the purposes of IHTA 1984—</p></intro><level class="para1" eId="section-79-2-a"><num>(a)</num><content><p>the original transfer is treated as attributable (and as always having been attributable) to property given to charities or registered clubs, and</p></content></level><level class="para1" eId="section-79-2-b"><num>(b)</num><content><p>the subsequent gift is disregarded.</p></content></level></subsection><subsection eId="section-79-3"><num>(3)</num><intro><p><ref href="#section-79-1">Subsections (1)</ref> and <ref href="#section-79-2">(2)</ref> have effect—</p></intro><level class="para1" eId="section-79-3-a"><num>(a)</num><content><p>where the original transfer is made on a person’s death, if the person dies on or after 6 April 2026;</p></content></level><level class="para1" eId="section-79-3-b"><num>(b)</num><content><p>where the original transfer is made at any other time, if the transfer is made on or after 26 November 2025.</p></content></level></subsection><subsection eId="section-79-4"><num>(4)</num><content><p><ref href="#section-79-1">Subsections (1)</ref> to <ref href="#section-79-3">(3)</ref>are to be construed as though they were contained in section 23 of IHTA 1984.</p></content></subsection></section></hcontainer></part>
<hcontainer xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" name="crossheading" ukl:Name="Pblock" eId="part-2-crossheading-agricultural-property-relief-and-business-property-relief"><heading>Agricultural property relief and business property relief</heading><section eId="section-65"><num>65</num><heading>Agricultural property relief and business property relief etc</heading><intro><p><ref href="#schedule-12">Schedule 12</ref> makes provision—</p></intro><level class="para1" eId="section-65-a"><num>(a)</num><content><p>limiting agricultural property relief and business property relief, and</p></content></level><level class="para1" eId="section-65-b"><num>(b)</num><content><p>extending Schedule A1 to IHTA 1984 (overseas property not excluded property if value attributable to UK residential property) to UK agricultural property.</p></content></level></section></hcontainer>
<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-65"><num>65</num><heading>Agricultural property relief and business property relief etc</heading><intro><p><ref href="#schedule-12">Schedule 12</ref> makes provision—</p></intro><level class="para1" eId="section-65-a"><num>(a)</num><content><p>limiting agricultural property relief and business property relief, and</p></content></level><level class="para1" eId="section-65-b"><num>(b)</num><content><p>extending Schedule A1 to IHTA 1984 (overseas property not excluded property if value attributable to UK residential property) to UK agricultural property.</p></content></level></section>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-65-a"><num>(a)</num><content><p>limiting agricultural property relief and business property relief, and</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-65-b"><num>(b)</num><content><p>extending Schedule A1 to IHTA 1984 (overseas property not excluded property if value attributable to UK residential property) to UK agricultural property.</p></content></level>
<hcontainer xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:default="http://www.w3.org/1998/Math/MathML" name="crossheading" ukl:Name="Pblock" eId="part-2-crossheading-pension-interests"><heading>Pension interests</heading><section eId="section-66"><num>66</num><heading>Tax to be charged on certain pension interests</heading><content><p><mod>In IHTA 1984, before section 151 (but after the italic heading that precedes it) insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><section eId="d28e13639"><num>150A</num><heading>Certain pension interests treated as part of estate</heading><subsection eId="d28e13643"><num>(1)</num><content><p>For the purposes of this Act a member of a registered pension scheme, a qualifying non-UK pension scheme or a section 615(3) scheme is treated as beneficially entitled immediately before their death to property (“notional pension property”) by reference to the arrangements under the scheme as they stand at that time.</p></content></subsection><subsection eId="d28e13649"><num>(2)</num><content><p>The value of the member’s notional pension property in relation to the scheme is calculated as follows—</p><blockList class="unordered none" ukl:Name="UnorderedList" ukl:Decoration="none"><item><p><i>Step 1</i></p><p>For each money purchase arrangement under the scheme add together—</p><blockList class="ordered alpha parens" ukl:Name="OrderedList" ukl:Type="alpha" ukl:Decoration="parens"><item><num>(a)</num><p>the value of any property that—</p><blockList class="ordered roman parens" ukl:Name="OrderedList" ukl:Type="roman" ukl:Decoration="parens"><item><num>(i)</num><p>is held in a pension pot, and</p></item><item><num>(ii)</num><p>may or must be used to provide benefits under the arrangement on the death of the member, and</p></item></blockList></item><item><num>(b)</num><p>the value of any property that—</p><blockList class="ordered roman parens" ukl:Name="OrderedList" ukl:Type="roman" ukl:Decoration="parens"><item><num>(i)</num><p>is not held in a pension pot, and</p></item><item><num>(ii)</num><p>may be and can reasonably be expected to be used to provide benefits under the arrangement on the death of the member,</p></item></blockList></item></blockList><p>then deduct the value of any property within paragraph <ref href="#d28e13665">(a)</ref> or <ref href="#d28e13678">(b)</ref> that may only be used to provide an excluded benefit.</p></item><item><p><i>Step 2</i></p><p>For each defined benefits arrangement under the scheme add together—</p><blockList class="ordered alpha parens" ukl:Name="OrderedList" ukl:Type="alpha" ukl:Decoration="parens"><item><num>(a)</num><p>the amount of any benefit that must be paid as a lump sum death benefit under the arrangement on the death of the member,</p></item><item><num>(b)</num><p>the amount of any benefit not within paragraph <ref href="#d28e13708">(a)</ref> that may be and can reasonably be expected to be paid as a lump sum death benefit under the arrangement on the death of the member, and</p></item><item><num>(c)</num><p>the amount of any benefit that may be and, assuming that the maximum amount possible is paid as a lump sum death benefit, can reasonably be expected to be paid as a scheme continuation payment under the arrangement on the death of the member,</p></item></blockList><p>then deduct the amount of any benefit within paragraph <ref href="#d28e13708">(a)</ref>, <ref href="#d28e13712">(b)</ref> or <ref href="#d28e13719">(c)</ref> that may only be paid as an excluded benefit.</p></item><item><p><i>Step 3</i></p><p>Add together each of the amounts given at Steps 1 and 2.</p></item></blockList></content></subsection><subsection><num>(3)</num><content><p>In determining for the purposes of subsection <ref href="#d28e13649">(2)</ref> any question as to what can reasonably be expected, regard is to be had (in particular) to appropriate actuarial assumptions.</p></content></subsection><subsection><num>(4)</num><content><p>Except under this section, no interest in or under a registered pension scheme, a qualifying non-UK pension scheme or a section 615(3) scheme is taken into account for the purposes of this Act in determining the value of the estate of a member of the scheme immediately before their death.</p></content></subsection><subsection><num>(5)</num><content><p>For the purposes of section 6 (excluded property), notional pension property in relation to a pension scheme is regarded as situated in the country or territory in which the scheme is established.</p></content></subsection><subsection eId="d28e13763"><num>(6)</num><intro><p>In subsection <ref href="#d28e13649">(2)</ref>—</p></intro><hcontainer name="definition"><intro><p>“<term refersTo="#term-excluded-benefit">excluded benefit</term>”, in relation to a pension scheme, means a benefit that may only be paid under the scheme as one or more of the following—</p></intro><level class="para1"><num>(a)</num><content><p>a dependants’ scheme pension;</p></content></level><level class="para1"><num>(b)</num><content><p>a trivial commutation lump sum death benefit whose payment to a person extinguishes the person’s entitlement to a dependants’ scheme pension;</p></content></level><level class="para1"><num>(c)</num><content><p>a dependants’ annuity, or a nominees’ annuity, that was purchased together with a lifetime annuity payable to the member (and for that purpose “<term refersTo="#term-purchased-together">purchased together</term>” is to be construed in accordance with paragraphs 17(1A) and 27AA(2) of Schedule 28 to the Finance Act 2004);</p></content></level><level class="para1"><num>(d)</num><content><p>any amount that—</p><blockList class="ordered roman parens" ukl:Name="OrderedList" ukl:Type="roman" ukl:Decoration="parens"><item><num>(i)</num><p>is payable as a benefit (in any form) in respect of a member of the scheme if the member is in employment or other work of a particular description immediately before their death, and</p></item><item><num>(ii)</num><p>is not payable as a benefit (in any form) in respect of a member of the scheme if the member does not meet those conditions;</p></item></blockList></content></level></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-held-in-a-pension-pot">held in a pension pot</term>” means available for the purpose of providing benefits to or in respect of one specific member of the scheme;</p></content></hcontainer><hcontainer name="definition"><intro><p>“<term refersTo="#term-scheme-continuation-payment">scheme continuation payment</term>” means a payment made—</p></intro><level class="para1"><num>(a)</num><content><p>in relation to a registered pension scheme, in accordance with pension rule 2 in section 165(1) of the Finance Act 2004 (continuing payments after death);</p></content></level><level class="para1"><num>(b)</num><content><p>in relation to a qualifying non-UK pension scheme or a section 615(3) scheme, in such a way as would be in accordance with that rule if the scheme in question were a registered pension scheme.</p></content></level></hcontainer></subsection><subsection><num>(7)</num><intro><p>Each of the following has the same meaning in this section as in Part 4 of the Finance Act 2004 (pension schemes etc)—</p></intro><hcontainer name="definition"><content><p>“<term refersTo="#term-arrangement">arrangement</term>” (see section 152(1) of that Act);</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-defined-benefits-arrangement">defined benefits arrangement</term>” (see section 152(6) of that Act);</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-dependants’-annuity">dependants’ annuity</term>” (see paragraph 17 of Schedule 28 to that Act);</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-dependants’-scheme-pension">dependants’ scheme pension</term>” (see paragraph 16 of Schedule 28 to that Act);</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-lifetime-annuity">lifetime annuity</term>” (see paragraph 3 of Schedule 28 to that Act);</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-lump-sum-death-benefit">lump sum death benefit</term>” (see section 168(2) of that Act);</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-money-purchase-arrangement">money purchase arrangement</term>” (see section 152(2) of that Act);</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-nominees’-annuity">nominees’ annuity</term>” (see paragraph 27AA of Schedule 28 to that Act);</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-trivial-commutation-lump-sum-death-benefit">trivial commutation lump sum death benefit</term>” (see paragraph 20 of Schedule 29 to that Act);</p></content></hcontainer><wrapUp><p>but for the purposes of this section those definitions are to be read with any necessary modifications in applying them to a qualifying non-UK pension scheme or a section 615(3) scheme.</p></wrapUp></subsection></section></quotedStructure></mod></p></content></section><section eId="section-67"><num>67</num><heading>Liability for tax on pension interests</heading><subsection eId="section-67-1"><num>(1)</num><content><p>IHTA 1984 is amended as follows.</p></content></subsection><subsection eId="section-67-2"><num>(2)</num><content><p><mod>For section 210 substitute—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><section eId="d28e13927"><num>210</num><heading>Pension rights</heading><subsection><num>(1)</num><content><p>This section applies to any tax that is attributable to the value of notional pension property of a deceased member of a registered pension scheme, a qualifying non-UK pension scheme or a section 615(3) scheme.</p></content></subsection><subsection><num>(2)</num><intro><p>For the purposes of this Part the tax is treated as also attributable to the value of—</p></intro><level class="para1"><num>(a)</num><content><p>any property held for the purposes of the scheme that is available for paying a benefit on the deceased’s death, except so far as the property may only be used to provide an excluded benefit, or an exempt benefit, on the deceased’s death, and</p></content></level><level class="para1"><num>(b)</num><content><p>any property that is received by a person under the scheme as a benefit on the deceased’s death, other than an excluded benefit or an exempt benefit.</p></content></level></subsection><subsection eId="d28e13955"><num>(3)</num><intro><p>The persons liable for the tax (as well as including a person within section 200(1)(c) (person in whom property is vested etc))—</p></intro><level class="para1"><num>(a)</num><content><p>include the deceased’s personal representatives so far as they are not already liable under section 200(1)(a),</p></content></level><level class="para1" eId="d28e13967"><num>(b)</num><intro><p>where the scheme is a registered pension scheme, include the scheme administrator where—</p></intro><level class="para2" eId="d28e13973"><num>(i)</num><content><p>a benefit has been paid in breach of section <ref href="#d28e14185">226A</ref> (withholding of benefits), or</p></content></level><level class="para2" eId="d28e13982"><num>(ii)</num><content><p>the scheme administrator has failed to comply with section <ref href="#d28e14353">226B</ref> (direct payment of tax on receipt of notice), and</p></content></level></level><level class="para1" eId="d28e13991"><num>(c)</num><content><p>where the scheme is a registered pension scheme or a section 615(3) scheme, do not (despite section 200(1)(b) and (c)) include the trustees of the scheme (if there are any) or any other person who holds property for the purposes of the scheme in question.</p></content></level></subsection><subsection><num>(4)</num><content><p>Where the scheme administrator is liable for tax by virtue of subsection <ref href="#d28e13955">(3)</ref><ref href="#d28e13967">(b)</ref><ref href="#d28e13982">(ii)</ref> (and not by virtue of subsection <ref href="#d28e13955">(3)</ref><ref href="#d28e13967">(b)</ref><ref href="#d28e13973">(i)</ref>), their liability is limited to the amount of tax that they have failed to pay as required under section <ref href="#d28e14353">226B</ref>.</p></content></subsection><subsection eId="d28e14020"><num>(5)</num><content><p>Sections 271 to 272C of the Finance Act 2004 (liability of scheme administrator) apply in relation to a liability under this Act as they apply in relation to a liability under Part 4 of that Act.</p></content></subsection><subsection><num>(6)</num><intro><p>Subsection <ref href="#d28e13955">(3)</ref><ref href="#d28e13991">(c)</ref> does not prevent a person from being liable to tax—</p></intro><level class="para1"><num>(a)</num><content><p>under subsection <ref href="#d28e13955">(3)</ref><ref href="#d28e13967">(b)</ref> in their capacity as scheme administrator, or</p></content></level><level class="para1"><num>(b)</num><content><p>by virtue of subsection <ref href="#d28e14020">(5)</ref>.</p></content></level></subsection><subsection eId="d28e14057"><num>(7)</num><content><p>In this Act “<term refersTo="#term-exempt-benefit">exempt benefit</term>”, in relation to a pension scheme and a deceased member of the scheme, means a benefit paid under the scheme if and so far as the payment renders the transfer of value made on the deceased’s death an exempt transfer.</p></content></subsection><subsection><num>(8)</num><content><p>For provision under which a payment of a benefit renders the transfer of value on death an exempt transfer to the extent of the payment, see—</p><blockList class="unordered none" ukl:Name="UnorderedList" ukl:Decoration="none"><item><p>section 18 (transfers between spouses or civil partners);</p></item><item><p>section 23 (gifts to charities or registered clubs);</p></item><item><p>section 24 (gifts to political parties);</p></item><item><p>section 24A (gifts to housing associations);</p></item><item><p>section 25 (gifts for national purposes etc);</p></item><item><p>section 27 (maintenance funds for historic buildings etc).</p></item></blockList></content></subsection></section></quotedStructure></mod></p></content></subsection><subsection eId="section-67-3"><num>(3)</num><content><p><mod>In section 211 (burden of tax on death), for subsection (3) substitute—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><subsection><num>(3)</num><intro><p>If—</p></intro><level class="para1"><num>(a)</num><content><p>personal representatives pay an amount of tax,</p></content></level><level class="para1"><num>(b)</num><content><p>the amount does not fall to be borne as part of the general testamentary and administration expenses of the estate,</p></content></level><level class="para1"><num>(c)</num><content><p>property to whose value the tax is attributable is vested in someone other than the personal representatives (“the vestee”), and</p></content></level><level class="para1"><num>(d)</num><content><p>the personal representatives cannot recover the amount by deducting it from any sums payable to the vestee out of the estate (whether because there are no sums so payable or because such sums are insufficient or have already been paid without deduction),</p></content></level><wrapUp><p>the vestee must repay the amount to the personal representatives.</p></wrapUp></subsection></quotedStructure></mod></p></content></subsection><subsection eId="section-67-4"><num>(4)</num><content><p><mod>In section 212 (powers to raise tax), in subsection (1), for “or any part of it” substitute <quotedText>“, any property derived from that property, or any part of that property or of property derived from it”</quotedText>.</mod></p></content></subsection><subsection eId="section-67-5"><num>(5)</num><content><p><mod>In section 239 (certificates of discharge), after subsection (4) insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><subsection><num>(4A)</num><intro><p>If—</p></intro><level class="para1"><num>(a)</num><content><p>the personal representatives of a deceased person are given a certificate under subsection (2), and</p></content></level><level class="para1"><num>(b)</num><content><p>further property is afterwards shown to have been included in the estate of the deceased immediately before their death by virtue of section 150A(1) (notional pension property),</p></content></level><wrapUp><p>then despite subsection (4)(b) the personal representatives are not liable for any tax attributable to that further property unless the failure to disclose the property in the application under subsection (2) was due to carelessness on the part of the personal representatives.</p></wrapUp></subsection></quotedStructure></mod></p></content></subsection></section><section eId="section-68"><num>68</num><heading>Withholding of benefits and payment of tax by pension scheme administrator</heading><content><p><mod>In IHTA 1984, after section 226 insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><section eId="d28e14185"><num>226A</num><heading>Tax on notional pension property: withholding of benefits</heading><subsection><num>(1)</num><content><p>The personal representatives of a deceased person may give a notice to the scheme administrator of a registered pension scheme if they know that they are, or have reason to believe that they may be, liable for tax attributable to notional pension property of the deceased in relation to the scheme.</p></content></subsection><subsection eId="d28e14195"><num>(2)</num><content><p>A prospective personal representative of a deceased person may give a notice to the scheme administrator of a registered pension scheme if they have reason to believe that, on becoming a personal representative, they would be, or might be, liable for tax attributable to notional pension property of the deceased in relation to the scheme.</p></content></subsection><subsection><num>(3)</num><content><p>In this section “<term refersTo="#term-withholding-notice">withholding notice</term>” means a notice under subsection (1) or <ref href="#d28e14195">(2)</ref>.</p></content></subsection><subsection eId="d28e14213"><num>(4)</num><intro><p>While a withholding notice has effect, no benefit may be paid under the scheme to a person (“<term refersTo="#term-p">P</term>”) if—</p></intro><level class="para1"><num>(a)</num><content><p>the total amount of benefits previously paid under the scheme to P on the deceased’s death exceeds 50% of P’s benefit entitlement, or</p></content></level><level class="para1"><num>(b)</num><content><p>the payment of the benefit would result in the total amount of benefits paid under the scheme to P on the deceased’s death exceeding 50% of P’s benefit entitlement.</p></content></level></subsection><subsection><num>(5)</num><content><p>In subsection <ref href="#d28e14213">(4)</ref> a person’s “<term refersTo="#term-benefit-entitlement">benefit entitlement</term>” means so much of the value of the notional pension property of the deceased in relation to the scheme as is attributable on a just and reasonable apportionment, having regard to appropriate actuarial assumptions, to benefits that have been paid, or are or will be payable, to that person.</p></content></subsection><subsection><num>(6)</num><content><p>Subsection <ref href="#d28e14213">(4)</ref> does not apply to the payment of an excluded benefit or an exempt benefit.</p></content></subsection><subsection><num>(7)</num><intro><p>A withholding notice has effect from the time when it is received by the scheme administrator until the earliest of the following—</p></intro><level class="para1"><num>(a)</num><intro><p>any time when it is withdrawn by —</p></intro><level class="para2"><num>(i)</num><content><p>the personal representatives, or</p></content></level><level class="para2"><num>(ii)</num><content><p>if the person who gave the notice was a prospective personal representative, that person;</p></content></level></level><level class="para1"><num>(b)</num><content><p>any time when all the tax attributable to notional pension property of the deceased in relation to the scheme, and any interest due in respect of that tax, is paid;</p></content></level><level class="para1"><num>(c)</num><content><p>15 months after the end of the month in which the deceased died.</p></content></level></subsection><subsection><num>(8)</num><content><p>A withholding notice does not have effect unless it complies with any requirements prescribed by the Commissioners for His Majesty's Revenue and Customs as to form and content.</p></content></subsection><subsection><num>(9)</num><content><p>The rules of a registered pension scheme are void so far as they purport to require a benefit to be paid in breach of subsection <ref href="#d28e14213">(4)</ref>.</p></content></subsection><subsection><num>(10)</num><content><p>A payment that would fall due but for a withholding notice instead falls due immediately after the notice ceases to have effect.</p></content></subsection><subsection><num>(11)</num><content><p>For the consequences if a benefit is paid in breach of subsection <ref href="#d28e14213">(4)</ref>, see section <ref href="#d28e13927">210</ref><ref href="#d28e13955">(3)</ref><ref href="#d28e13967">(b)</ref> (joint liability of scheme administrator).</p></content></subsection><subsection><num>(12)</num><intro><p>In this section—</p></intro><hcontainer name="definition"><content><p>“<term refersTo="#term-prospective-personal-representative">prospective personal representative</term>”, in relation to a deceased person, means a person who has reason to believe that they will become a personal representative of that person;</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-registered-club">registered club</term>” has the same meaning as in Chapter 9 of Part 13 of the Corporation Tax Act 2010.</p></content></hcontainer></subsection></section><section eId="d28e14353"><num>226B</num><heading>Tax on notional pension property: direct payment by scheme administrator</heading><subsection><num>(1)</num><content><p>A person (“the taxpayer”) may by notice (a “payment notice”) require the scheme administrator of a registered pension scheme to pay any tax for which the taxpayer is liable and which is attributable to the value of the notional pension property of a deceased member of the scheme.</p></content></subsection><subsection><num>(2)</num><intro><p>The scheme administrator must pay the amount of tax specified in a payment notice before the end of the period of 35 days beginning with the day on which they receive the notice, unless the notice—</p></intro><level class="para1"><num>(a)</num><content><p>is withdrawn by the taxpayer during that period (and before the amount is paid), or</p></content></level><level class="para1"><num>(b)</num><content><p>does not comply with the requirements of subsection <ref href="#d28e14384">(3)</ref>, or ceases to comply with them during that period (and before the amount is paid).</p></content></level></subsection><subsection eId="d28e14384"><num>(3)</num><intro><p>The requirements are—</p></intro><level class="para1"><num>(a)</num><content><p>that the payment notice specifies the amount of tax that it requires to be paid;</p></content></level><level class="para1" eId="d28e14396"><num>(b)</num><content><p>that the amount specified is not less than £1,000;</p></content></level><level class="para1"><num>(c)</num><content><p>that the amount specified does not exceed the amount of tax for which the taxpayer is liable in respect of notional pension property of the deceased in relation to the scheme;</p></content></level><level class="para1" eId="d28e14408"><num>(d)</num><intro><p>that where the taxpayer is a beneficiary the amount specified does not exceed the difference between—</p></intro><level class="para2"><num>(i)</num><content><p>the amount of the benefits payable to the beneficiary under the scheme on the deceased’s death, and</p></content></level><level class="para2"><num>(ii)</num><content><p>the amount that has already been paid on the deceased’s death in benefits to or for the benefit of the beneficiary under the scheme, or that has already been specified in a payment notice given by the beneficiary in relation to the deceased;</p></content></level></level><level class="para1" eId="d28e14426"><num>(e)</num><intro><p>that where the taxpayer is the deceased’s personal representatives the amount specified does not exceed the difference between—</p></intro><level class="para2"><num>(i)</num><content><p>the amount of the benefits payable under the scheme on the deceased’s death, and</p></content></level><level class="para2"><num>(ii)</num><content><p>the amount that has already been paid on the deceased’s death in benefits under the scheme, or that has already been specified in a payment notice given by any person in relation to the deceased;</p></content></level></level><level class="para1"><num>(f)</num><content><p>that the payment notice complies with any requirements prescribed by the Commissioners for His Majesty's Revenue and Customs as to form and content.</p></content></level></subsection><subsection><num>(4)</num><content><p>The references in subsection (3)(e) to benefits do not include excluded benefits or exempt benefits.</p></content></subsection><subsection><num>(5)</num><intro><p>The references in subsection <ref href="#d28e14384">(3)</ref><ref href="#d28e14408">(d)</ref> and <ref href="#d28e14426">(e)</ref> to the amount of benefits payable under the scheme—</p></intro><level class="para1"><num>(a)</num><content><p>include any amount that has been or will in future be payable, and</p></content></level><level class="para1"><num>(b)</num><content><p>in a case where the exact amount of benefits that will in future be payable cannot be known, are to be read as references to the amount that, having regard (in particular) to appropriate actuarial assumptions, can reasonably be expected to be paid.</p></content></level></subsection><subsection eId="d28e14482"><num>(6)</num><intro><p>Where the scheme administrator pays an amount of tax under this section, a consequential adjustment may be made, on a basis that is just and reasonable having regard to appropriate actuarial assumptions and to any tax previously paid—</p></intro><level class="para1"><num>(a)</num><content><p>where the taxpayer is a beneficiary, to that beneficiary’s entitlement to benefits under the scheme on the deceased’s death;</p></content></level><level class="para1"><num>(b)</num><content><p>where the taxpayer is the deceased’s personal representatives, to any person’s entitlement to benefits under the scheme on the deceased’s death.</p></content></level></subsection><subsection><num>(7)</num><intro><p>Any repayment under section 241 (overpayments) of tax paid by the scheme administrator under this section may, regardless of who the taxpayer is, be paid to—</p></intro><level class="para1"><num>(a)</num><content><p>the deceased’s personal representatives, or</p></content></level><level class="para1"><num>(b)</num><content><p>any of the beneficiaries to whom an officer of Revenue and Customs considers the overpayment of tax to relate</p></content></level><wrapUp><p>(but may not be paid to the scheme administrator).</p></wrapUp></subsection><subsection><num>(8)</num><intro><p>The rules of a registered pension scheme are void so far as they purport to prohibit or restrict—</p></intro><level class="para1"><num>(a)</num><content><p>the payment of tax by the scheme administrator as required under this section, or</p></content></level><level class="para1"><num>(b)</num><content><p>the making of a consequential adjustment under subsection <ref href="#d28e14482">(6)</ref> to a person’s entitlement to benefits under the scheme.</p></content></level></subsection><subsection><num>(9)</num><intro><p>In this section—</p></intro><hcontainer name="definition"><content><p>“<term refersTo="#term-beneficiary">beneficiary</term>”, in relation to a deceased member of a pension scheme, means a person who receives or has a right to receive benefits under the scheme on the member’s death;</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-tax">tax</term>” includes interest on tax.</p></content></hcontainer></subsection><subsection eId="d28e14562"><num>(10)</num><content><p>The Treasury may by regulations made by statutory instrument amend the figure for the time being mentioned in subsection <ref href="#d28e14384">(3)</ref><ref href="#d28e14396">(b)</ref>.</p></content></subsection><subsection><num>(11)</num><content><p>A statutory instrument containing regulations under subsection <ref href="#d28e14562">(10)</ref> is subject to annulment in pursuance of a resolution of the House of Commons.</p></content></subsection><subsection><num>(12)</num><content><p>For the consequences if the scheme administrator fails to comply with this section, see section <ref href="#d28e13927">210</ref><ref href="#d28e13955">(3)</ref><ref href="#d28e13967">(b)</ref> (joint liability of scheme administrator).</p></content></subsection></section></quotedStructure></mod></p></content></section><section eId="section-69"><num>69</num><heading>Connected amendments to IHTA 1984</heading><subsection eId="section-69-1"><num>(1)</num><content><p>IHTA 1984 is amended as follows.</p></content></subsection><subsection eId="section-69-2"><num>(2)</num><content><p>Omit section 12A (pension drawdown fund not used up: no deemed disposition).</p></content></subsection><subsection eId="section-69-3"><num>(3)</num><content><p><mod>In section 18 (exemption for transfers between spouses or civil partners), after subsection (3) insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><subsection><num>(3A)</num><intro><p>To the extent that the value transferred by a transfer of value made on the death of a member of a pension scheme is attributable to the member’s notional pension property—</p></intro><level class="para1" eId="d28e14628"><num>(a)</num><content><p>the value transferred is treated for the purposes of this section as also attributable to any property that the person’s spouse or civil partner receives, or has a present or future right to receive, under the scheme on the death of the member otherwise than as an excluded benefit;</p></content></level><level class="para1"><num>(b)</num><content><p>the estate of the transferor’s spouse or civil partner is treated for the purposes of subsection (1) (so far as would not otherwise be the case) as increased by the value of any property that they receive, or have a right to receive, as mentioned in paragraph <ref href="#d28e14628">(a)</ref>, and</p></content></level><level class="para1"><num>(c)</num><content><p>subsection (3) does not apply in relation to the transfer of value.</p></content></level></subsection></quotedStructure></mod></p></content></subsection><subsection eId="section-69-4"><num>(4)</num><content><p><mod>In section 23 (gifts to charities or registered clubs), after subsection (5A) insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><subsection><num>(5B)</num><intro><p>To the extent that the value transferred by a transfer of value made on the death of a member of a pension scheme is attributable to the member’s notional pension property—</p></intro><level class="para1"><num>(a)</num><content><p>the value transferred is treated for the purposes of this section as also attributable to any property that on the death of the member is given under the scheme to charities or registered clubs, and</p></content></level><level class="para1"><num>(b)</num><content><p>subsection (2) does not apply in relation to the transfer of value.</p></content></level></subsection></quotedStructure></mod></p></content></subsection><subsection eId="section-69-5"><num>(5)</num><content><p><mod>In section 24 (gifts to political parties), after subsection (4) insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><subsection><num>(5)</num><intro><p>To the extent that the value transferred by a transfer of value made on the death of a member of a pension scheme is attributable to the member’s notional pension property—</p></intro><level class="para1"><num>(a)</num><content><p>the value transferred is treated for the purposes of this section as also attributable to any property that on the death of the member is given under the scheme to a political party qualifying for exemption under this section, and</p></content></level><level class="para1"><num>(b)</num><content><p>section 23(2) does not (despite subsection (3)) apply in relation to subsection (1).</p></content></level></subsection></quotedStructure></mod></p></content></subsection><subsection eId="section-69-6"><num>(6)</num><content><p><mod>In section 24A (gifts to housing associations), after subsection (3) insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><subsection><num>(4)</num><intro><p>To the extent that the value transferred by a transfer of value made on the death of a member of a pension scheme is attributable to the member’s notional pension property—</p></intro><level class="para1"><num>(a)</num><content><p>the value transferred is treated for the purposes of this section as also attributable to any land in the United Kingdom that on the death of the member is given under the scheme to a body falling within subsection (2), and</p></content></level><level class="para1"><num>(b)</num><content><p>section 23(2) does not (despite subsection (3)) apply in relation to subsection (1).</p></content></level></subsection></quotedStructure></mod></p></content></subsection><subsection eId="section-69-7"><num>(7)</num><content><p><mod>In section 25 (gifts for national purposes etc), after subsection (3) insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><subsection><num>(4)</num><intro><p>To the extent that the value transferred by a transfer of value made on the death of a member of a pension scheme is attributable to the member’s notional pension property—</p></intro><level class="para1"><num>(a)</num><intro><p>the value transferred is treated for the purposes of this section as also attributable to any property that on the death of the member is given under the scheme—</p></intro><level class="para2"><num>(i)</num><content><p>to a body within Schedule 3, or</p></content></level><level class="para2"><num>(ii)</num><content><p>in the circumstances described in paragraph 1 of Schedule 14 to the Finance Act 2012 (gifts to nation), and</p></content></level></level><level class="para1"><num>(b)</num><content><p>section 23(2) does not (despite subsection (2)) apply in relation to subsection (1).</p></content></level></subsection></quotedStructure></mod></p></content></subsection><subsection eId="section-69-8"><num>(8)</num><content><p><mod>In section 27 (maintenance funds for historic buildings etc), after subsection (2) insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><subsection><num>(3)</num><intro><p>To the extent that the value transferred by a transfer of value made on the death of a member of a pension scheme is attributable to the member’s notional pension property—</p></intro><level class="para1"><num>(a)</num><intro><p>the value transferred is treated for the purposes of this section as also attributable to any property—</p></intro><level class="para2"><num>(i)</num><content><p>that on the death of the member is given under the scheme to a person and becomes comprised in a settlement, and</p></content></level><level class="para2"><num>(ii)</num><content><p>in respect of which the condition in subsection (1)(a) or (b) is met, and</p></content></level></level><level class="para1"><num>(b)</num><content><p>section 23(2) does not (despite subsection (2)) apply in relation to subsection (1).</p></content></level></subsection></quotedStructure></mod></p></content></subsection><subsection eId="section-69-9"><num>(9)</num><intro><p>In section 151 (treatment of pension rights etc)—</p></intro><level class="para1" eId="section-69-9-a"><num>(a)</num><content><p><mod>for the heading substitute <quotedText>“Other provision about pension interests”</quotedText>;</mod></p></content></level><level class="para1" eId="section-69-9-b"><num>(b)</num><content><p><mod>for subsections (2) and (3) substitute—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><subsection><num>(3)</num><content><p>Sections 49 to 53 (holder of interest in possession treated as directly entitled to property in which interest subsists etc) do not apply in relation to an interest in possession in property where the property is held for the purposes of a registered pension scheme, a qualifying non-UK pension scheme or a section 615(3) scheme.</p></content></subsection></quotedStructure><inline name="appendText">;</inline></mod></p></content></level><level class="para1" eId="section-69-9-c"><num>(c)</num><content><p>omit subsection (4).</p></content></level></subsection><subsection eId="section-69-10"><num>(10)</num><content><p>Omit section 152 (cash options).</p></content></subsection><subsection eId="section-69-11"><num>(11)</num><content><p><mod>After section 218A insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><section><num>218B</num><heading>Pensions: information powers</heading><subsection><num>(1)</num><content><p>The powers conferred on the Board by section 251 of the Finance Act 2004 (powers relating to the provision and preservation of information in connection with pensions) are exercisable for the purposes of this Act.</p></content></subsection><subsection><num>(2)</num><content><p>Subsection (1) is without prejudice to the generality of that section of that Act.</p></content></subsection></section></quotedStructure></mod></p></content></subsection><subsection eId="section-69-12"><num>(12)</num><intro><p>In section 272 (general interpretation), in subsection (1)—</p></intro><level class="para1" eId="section-69-12-a"><num>(a)</num><content><p><mod>in the definition of “member”, after “scheme,” insert <quotedText>“a qualifying non-UK pension scheme or a section 615(3) scheme,”</quotedText>;</mod></p></content></level><level class="para1" eId="section-69-12-b"><num>(b)</num><content><p><mod>at the appropriate places insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><hcontainer name="definition"><content><p>“<term refersTo="#term-excluded-benefit">excluded benefit</term>”, in relation to a pension scheme, has the meaning given by section <ref href="#d28e13639">150A</ref><ref href="#d28e13763">(6)</ref>;</p></content></hcontainer></quotedStructure><inline name="appendText">;</inline></mod></p><p><mod><quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><hcontainer name="definition"><content><p>“<term refersTo="#term-exempt-benefit">exempt benefit</term>”, in relation to a pension scheme and a deceased member of the scheme, has the meaning given by section 210<ref href="#d28e14057">(7)</ref>;</p></content></hcontainer></quotedStructure><inline name="appendText">;</inline></mod></p><p><mod><quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><hcontainer name="definition"><content><p>“<term refersTo="#term-notional-pension-property">notional pension property</term>”, in relation to a member of a pension scheme and a pension scheme, means property to which the member is treated under section <ref href="#d28e13639">150A</ref><ref href="#d28e13643">(1)</ref> (certain pension property treated as part of estate) as having been beneficially entitled immediately before their death by reference to the arrangements under the scheme;</p></content></hcontainer></quotedStructure><inline name="appendText">;</inline></mod></p><p><mod><quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><hcontainer name="definition"><content><p>“<term refersTo="#term-qualifying-non-uk-pension-scheme">qualifying non-UK pension scheme</term>” has the meaning given in section 271A;</p></content></hcontainer></quotedStructure><inline name="appendText">;</inline></mod></p><p><mod><quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><hcontainer name="definition"><content><p>“<term refersTo="#term-the-scheme-administrator">the scheme administrator</term>”, in relation to a registered pension scheme, has the meaning given in section 270 of the Finance Act 2004;</p></content></hcontainer></quotedStructure><inline name="appendText">.</inline></mod></p></content></level></subsection></section><section eId="section-70"><num>70</num><heading>Connected amendments to income tax rules</heading><subsection eId="section-70-1"><num>(1)</num><content><p>ITEPA 2003 is amended in accordance with <span><ref href="#section-70-2">subsections (2)</ref> to <ref href="#section-70-6">(6)</ref></span>.</p></content></subsection><subsection eId="section-70-2"><num>(2)</num><content><p><mod>In section 567 (amount charged to tax), in subsection (5), at the appropriate place insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><blockList class="unordered none" ukl:Name="UnorderedList" ukl:Decoration="none"><item><p>section <ref href="#d28e15003">567B</ref> (deduction where inheritance tax is paid in respect of pension death benefit);</p></item></blockList></quotedStructure><inline name="appendText">.</inline></mod></p></content></subsection><subsection eId="section-70-3"><num>(3)</num><content><p><mod>After section 567A insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><section eId="d28e15003"><num>567B</num><heading>Cases where inheritance tax is paid in respect of pension death benefit</heading><subsection eId="d28e15007"><num>(1)</num><intro><p>This section applies if—</p></intro><level class="para1"><num>(a)</num><content><p>there is an amount of taxable pension income (“amount TPI”) for a tax year for a pension, annuity or other item of pension income,</p></content></level><level class="para1"><num>(b)</num><content><p>amount TPI reflects (to any extent) the payment to a person (“<term refersTo="#term-the-beneficiary">the beneficiary</term>”) of a benefit under a pension scheme on the death of a member of the scheme (“<term refersTo="#term-the-deceased">the deceased</term>”),</p></content></level><level class="para1"><num>(c)</num><content><p>the benefit is not an excluded benefit, and</p></content></level><level class="para1" eId="d28e15037"><num>(d)</num><intro><p>at any time (whether before or after the benefit is paid)—</p></intro><level class="para2"><num>(i)</num><content><p>the beneficiary pays an amount of inheritance tax that is attributable to the value of the deceased’s notional pension property,</p></content></level><level class="para2"><num>(ii)</num><content><p>the deceased’s personal representatives pay an amount of inheritance tax that is so attributable and pass on the burden of that payment to the beneficiary, or</p></content></level><level class="para2"><num>(iii)</num><content><p>the scheme administrator pays (under section 226B of IHTA 1984) an amount of inheritance tax that is so attributable, and the payment meets the condition in <ref href="#d28e15064">subsection (2)</ref>.</p></content></level></level></subsection><subsection eId="d28e15064"><num>(2)</num><intro><p>A payment of an amount of inheritance tax meets the condition in this subsection if (and so far as)—</p></intro><level class="para1"><num>(a)</num><content><p>in consequence of the payment, the scheme administrator makes an adjustment (under section 226B(5) of IHTA 1984) as a result of which the beneficiary’s entitlement to a benefit other than that mentioned in subsection (1) (“the other benefit”) is reduced, and</p></content></level><level class="para1"><num>(b)</num><content><p>disregarding that reduction, the other benefit would not give rise to taxable pension income for any tax year.</p></content></level></subsection><subsection eId="d28e15082"><num>(3)</num><intro><p>A deduction is allowed from amount TPI equal to the lesser of—</p></intro><level class="para1"><num>(a)</num><content><p>the amount of inheritance tax paid as mentioned in subsection (1)(d)(i) or (ii), less so much (if any) of that inheritance tax as has been deducted under this subsection in an earlier tax year, and</p></content></level><level class="para1"><num>(b)</num><content><p>so much of amount TPI as reflects the payment to the beneficiary of the benefit mentioned in subsection (1).</p></content></level></subsection><subsection eId="d28e15100"><num>(4)</num><intro><p>Where the deceased was under 75 on death, and the benefit mentioned in subsection (1) is a relevant lump sum death benefit, a deduction is allowed from amount TPI equal to the lesser of—</p></intro><level class="para1"><num>(a)</num><content><p>the amount of inheritance tax paid as mentioned in subsection (1)(d)(iii) so far as it meets the condition in <ref href="#d28e15064">subsection (2)</ref>, less so much (if any) of that inheritance tax as has been deducted under this subsection in an earlier tax year, and</p></content></level><level class="para1"><num>(b)</num><content><p>so much of amount TPI as reflects the payment to the beneficiary of the benefit mentioned in subsection (1).</p></content></level></subsection><subsection><num>(5)</num><content><p>Where a deduction is allowed under both of <ref href="#d28e15082">subsections (3)</ref> and <ref href="#d28e15100">(4)</ref>, the deduction under subsection <ref href="#d28e15100">(4)</ref> is to be made first.</p></content></subsection><subsection><num>(6)</num><intro><p>For the purposes of <ref href="#d28e15007">subsection (1)</ref><ref href="#d28e15037">(d)</ref> the deceased’s personal representatives “pass on the burden” of a payment of inheritance tax to the beneficiary if—</p></intro><level class="para1"><num>(a)</num><content><p>the personal representatives pay a sum to the beneficiary out of the deceased’s estate that has been reduced by the amount of inheritance tax, or</p></content></level><level class="para1"><num>(b)</num><content><p>the beneficiary reimburses the personal representatives that amount.</p></content></level></subsection><subsection><num>(7)</num><intro><p>In this section—</p></intro><hcontainer name="definition"><content><p>“<term refersTo="#term-ihta-1984">IHTA 1984</term>” means the Inheritance Tax Act 1984;</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-inheritance-tax">inheritance tax</term>” includes interest on inheritance tax;</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-excluded-benefit">excluded benefit</term>” has the same meaning as in IHTA 1984;</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-notional-pension-property">notional pension property</term>” has the same meaning as in IHTA 1984;</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-relevant-lump-sum-death-benefit">relevant lump sum death benefit</term>” has the same meaning as in section 637S.</p></content></hcontainer></subsection></section></quotedStructure></mod></p></content></subsection><subsection eId="section-70-4"><num>(4)</num><content><p><mod>After section 579CA insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><section eId="d28e15211"><num>579CB</num><heading>Refund of overpaid inheritance tax treated as pension</heading><subsection><num>(1)</num><intro><p>This section applies if—</p></intro><level class="para1"><num>(a)</num><content><p>an amount of inheritance tax that is attributable to the value of notional pension property of a deceased member of a registered pension scheme is paid,</p></content></level><level class="para1"><num>(b)</num><intro><p>some or all of the inheritance tax paid—</p></intro><level class="para2"><num>(i)</num><content><p>is repaid under section 241(1) of that Act to a person, other than a non-qualifying person, who is entitled to receive benefits under the scheme on the deceased’s death (a “beneficiary”), or</p></content></level><level class="para2"><num>(ii)</num><content><p>is repaid under that section to the deceased’s personal representatives and passed on by the personal representatives to a beneficiary,</p></content></level></level><level class="para1"><num>(c)</num><content><p>in a case in which the payment of inheritance tax mentioned in paragraph (a) was made by the beneficiary or by the deceased’s personal representatives, a deduction is allowed under section 567B in respect of the payment, and</p></content></level><level class="para1"><num>(d)</num><content><p>the deceased was aged 75 or over at the date of their death.</p></content></level></subsection><subsection><num>(2)</num><content><p>The relevant amount is treated for the purposes of this Part as though it were a pension paid under the registered pension scheme (and is treated as accruing in the tax year in which it is paid).</p></content></subsection><subsection><num>(3)</num><intro><p>In subsection (2) “<term refersTo="#term-the-relevant-amount">the relevant amount</term>” means—</p></intro><level class="para1"><num>(a)</num><content><p>in a case in which the payment of inheritance tax mentioned in subsection (1)(a) is made by the scheme administrator, the amount of the payment made to the beneficiary mentioned in subsection (1)(b)(i) or (ii);</p></content></level><level class="para1"><num>(b)</num><intro><p>in a case in which the payment of inheritance tax mentioned in subsection (1)(a) is made by a beneficiary or by the deceased’s personal representatives, the lesser of—</p></intro><level class="para2"><num>(i)</num><content><p>the amount of the payment made to the beneficiary mentioned in subsection (1)(b)(i) or (ii), and</p></content></level><level class="para2"><num>(ii)</num><content><p>the deduction allowed under section 567B in respect of the payment of inheritance tax mentioned in subsection (1)(a).</p></content></level></level></subsection><subsection><num>(4)</num><intro><p>In this section—</p></intro><hcontainer name="definition"><content><p>“<term refersTo="#term-inheritance-tax">inheritance tax</term>” includes interest on inheritance tax;</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-non-qualifying-person">non-qualifying person</term>” has the same meaning as in section 206 of FA 2004 (special lump sum death benefit charge).</p></content></hcontainer></subsection></section></quotedStructure></mod></p></content></subsection><subsection eId="section-70-5"><num>(5)</num><content><p><mod>In section 637T (availability of individual’s lump sum and death benefit allowance where multiple lump sum death benefits paid), after subsection (4) insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><subsection><num>(5)</num><content><p>Where any inheritance tax is attributable to the value of the individual’s notional pension property, references in subsection (4) to the amount of a lump sum death benefit are to its IHT-adjusted amount.</p></content></subsection><subsection><num>(6)</num><content><p>The “IHT-adjusted amount” of a lump sum death benefit paid to a person under a registered pension scheme is (subject to <ref href="#d28e15384">subsection (7)</ref>) the amount determined as follows —</p><blockList class="unordered none" ukl:Name="UnorderedList" ukl:Decoration="none"><item><p><i>Step 1</i></p><p>Take the amount of the lump sum death benefit paid to the person.</p></item><item><p><i>Step 2</i></p><p>Add the amount (if any) by which the person’s entitlement to the lump sum death benefit was reduced in consequence of an adjustment under section 226B(5) of IHTA 1984.</p></item><item><p><i>Step 3</i></p><p>Deduct the amount (if any) of inheritance tax—</p><blockList class="ordered alpha parens" ukl:Name="OrderedList" ukl:Type="alpha" ukl:Decoration="parens"><item><num>(a)</num><p>that is attributable to the value of the individual’s notional pension property in relation to the scheme, and</p></item><item><num>(b)</num><p>for which the person—</p><blockList class="ordered roman parens" ukl:Name="OrderedList" ukl:Type="roman" ukl:Decoration="parens"><item><num>(i)</num><p>is, or at any time was, liable under section 200(1)(c) of IHTA 1984, or</p></item><item><num>(ii)</num><p>would at any time have been liable under that provision if the tax had not previously been paid by another person.</p></item></blockList></item></blockList><p>If the result is a negative amount, the IHT-adjusted amount of the lump sum death benefit is nil.</p></item></blockList></content></subsection><subsection eId="d28e15384"><num>(7)</num><content><p>Where more than one lump sum death benefit is paid to the person under the scheme, the amount to be deducted under Step 3 is the following proportion of the amount of inheritance tax identified in that Step—</p><tblock class="formula"><foreign><default:math xmlns="http://www.w3.org/1998/Math/MathML" alttext="C over D" altimg="http://www.legislation.gov.uk/ukpga/2026/11/images/ukpga_20260011_en_001"><default:mi>C</default:mi><default:mo>/</default:mo><default:mi>D</default:mi></default:math></foreign><blockContainer class="where"><p>where—</p><tblock class="definition"><p>“<term refersTo="#term-c">C</term>” is the amount resulting from Step 2;</p></tblock><tblock class="definition"><p>“<term refersTo="#term-d">D</term>” is the aggregate of the amounts resulting from Step 2 in respect of each lump sum death benefit paid to the person under the scheme.</p></tblock></blockContainer></tblock></content></subsection><subsection><num>(8)</num><intro><p>In this section—</p></intro><level class="para1"><num>(a)</num><content><p>“<term refersTo="#term-ihta-1984">IHTA 1984</term>” means the Inheritance Tax Act 1984;</p></content></level><level class="para1"><num>(b)</num><content><p>“<term refersTo="#term-notional-pension-property">notional pension property</term>” has the same meaning as in IHTA 1984.</p></content></level></subsection></quotedStructure></mod></p></content></subsection><subsection eId="section-70-6"><num>(6)</num><content><p><mod>In section 683 (PAYE income), in subsection (3B), at the end insert <quotedText>“or section <ref href="#d28e15211">579CB</ref> (inheritance tax overpaid by scheme administrator: refund treated as pension)”</quotedText>.</mod></p></content></subsection><subsection eId="section-70-7"><num>(7)</num><content><p>FA 2004 is amended in accordance with <ref href="#section-70-8">subsections (8)</ref> to <ref href="#section-70-10">(10)</ref>.</p></content></subsection><subsection eId="section-70-8"><num>(8)</num><content><p><mod>In section 164 (authorised member payments), in subsection (1), after paragraph (e) (but before the “and” that follows it) insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><level class="para1"><num>(ea)</num><content><p>payments of inheritance tax under section <ref href="#d28e14353">226B</ref> of the Inheritance Tax Act 1984 (direct payment of tax by scheme administrator),</p></content></level></quotedStructure><inline name="appendText">.</inline></mod></p></content></subsection><subsection eId="section-70-9"><num>(9)</num><content><p><mod>After section 206 insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><section><num>206A</num><heading>Partial repayment of section 206 charge where IHT paid by recipient of benefit</heading><subsection eId="d28e15497"><num>(1)</num><intro><p>This section applies where—</p></intro><level class="para1"><num>(a)</num><content><p>a registered pension scheme pays a lump sum death benefit in respect of a deceased member to a non-qualifying person,</p></content></level><level class="para1"><num>(b)</num><content><p>a liability to the lump sum death benefits charge arises in respect of the lump sum death benefit,</p></content></level><level class="para1" eId="d28e15515"><num>(c)</num><intro><p>at any time (whether before or after the payment of the lump sum death benefit)—</p></intro><level class="para2"><num>(i)</num><content><p>the non-qualifying person pays an amount of inheritance tax that is attributable to the value of the deceased’s notional pension property, or</p></content></level><level class="para2"><num>(ii)</num><content><p>the deceased’s personal representatives pay an amount of inheritance tax that is so attributable and pass on the burden of that payment to the non-qualifying person, and</p></content></level></level><level class="para1"><num>(d)</num><content><p>the non-qualifying person makes an application under this section for a reduction in the lump sum death benefits charge.</p></content></level></subsection><subsection eId="d28e15539"><num>(2)</num><content><p>Section 206 applies in relation to the lump sum death benefit as if the amount of the benefit that was paid to the non-qualifying person were the amount in fact paid, reduced by the amount of inheritance tax paid as mentioned in <ref href="#d28e15497">subsection (1)</ref><ref href="#d28e15515">(c)</ref>.</p></content></subsection><subsection><num>(3)</num><content><p>If and to the extent that the amount of the lump sum death benefits charge paid in respect of the lump sum death benefit exceeds the amount of the liability (as recalculated as a result of <ref href="#d28e15539">subsection (2)</ref>), the excess must be repaid to the non-qualifying person (and may not be repaid to the scheme administrator).</p></content></subsection><subsection><num>(4)</num><content><p>An application under this section is of no effect unless it complies with such requirements as to timing, form and content as may be prescribed by the Commissioners.</p></content></subsection><subsection><num>(5)</num><intro><p>For the purposes of <ref href="#d28e15497">subsection (1)</ref><ref href="#d28e15515">(c)</ref> the deceased’s personal representatives “pass on the burden” of a payment of inheritance tax to the non-qualifying person if—</p></intro><level class="para1"><num>(a)</num><content><p>the personal representatives pay a sum to the non-qualifying person out of the deceased’s estate that has been reduced by the amount of inheritance tax, or</p></content></level><level class="para1"><num>(b)</num><content><p>the non-qualifying person reimburses the personal representatives that amount.</p></content></level></subsection><subsection><num>(6)</num><intro><p>In this section—</p></intro><hcontainer name="definition"><content><p>“<term refersTo="#term-the-commissioners">the Commissioners</term>” means the Commissioners for His Majesty’s Revenue and Customs;</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-inheritance-tax">inheritance tax</term>” includes interest on inheritance tax;</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-non-qualifying-person">non-qualifying person</term>” has the same meaning as in section 206.</p></content></hcontainer></subsection></section><section><num>206B</num><heading>Supplementary charge on refund of overpaid IHT</heading><subsection eId="d28e15623"><num>(1)</num><intro><p>This section applies where—</p></intro><level class="para1"><num>(a)</num><content><p>a registered pension scheme pays a lump sum death benefit in respect of a deceased member to a non-qualifying person,</p></content></level><level class="para1"><num>(b)</num><content><p>a liability to the lump sum death benefits charge arises in respect of the lump sum death benefit,</p></content></level><level class="para1" eId="d28e15641"><num>(c)</num><content><p>an amount of inheritance tax that is attributable to the value of notional pension property of the deceased member is paid,</p></content></level><level class="para1" eId="d28e15647"><num>(d)</num><intro><p>some or all of the inheritance tax paid as mentioned in <ref href="#d28e15641">paragraph (c)</ref> is subsequently—</p></intro><level class="para2" eId="d28e15656"><num>(i)</num><content><p>repaid under section 241(1) of that Act to the non-qualifying person, or</p></content></level><level class="para2" eId="d28e15662"><num>(ii)</num><content><p>repaid under that section to the deceased’s personal representatives and passed on by the personal representatives to the non-qualifying person, and</p></content></level></level><level class="para1"><num>(e)</num><content><p>in a case in which the payment mentioned in <ref href="#d28e15641">paragraph (c)</ref> was made by the non-qualifying person or by the deceased’s personal representatives, the non-qualifying person has made an application under section 206A in relation to the lump sum death benefit.</p></content></level></subsection><subsection eId="d28e15677"><num>(2)</num><content><p>A charge to income tax arises in respect of the relevant amount.</p></content></subsection><subsection><num>(3)</num><intro><p>In <ref href="#d28e15677">subsection (2)</ref> “<term refersTo="#term-the-relevant-amount">the relevant amount</term>” means—</p></intro><level class="para1"><num>(a)</num><content><p>in a case in which the payment of inheritance tax mentioned in <ref href="#d28e15623">subsection (1)</ref><ref href="#d28e15641">(c)</ref> is made by the scheme administrator, the amount of the payment made to the non-qualifying person mentioned in <ref href="#d28e15623">subsection (1)</ref><ref href="#d28e15647">(d)</ref><ref href="#d28e15656">(i)</ref> or <ref href="#d28e15662">(ii)</ref>;</p></content></level><level class="para1"><num>(b)</num><intro><p>in a case in which the payment of inheritance tax mentioned in <ref href="#d28e15623">subsection (1)</ref><ref href="#d28e15641">(c)</ref> is made by the non-qualifying person, or by the deceased’s personal representatives, the lesser of—</p></intro><level class="para2"><num>(i)</num><content><p>the amount of the payment made to the non-qualifying person mentioned in <ref href="#d28e15623">subsection (1)</ref><ref href="#d28e15647">(d)</ref><ref href="#d28e15656">(i)</ref> or <ref href="#d28e15662">(ii)</ref>, and</p></content></level><level class="para2"><num>(ii)</num><content><p>the repayment made under section 206A to the non-qualifying person in relation to the lump sum death benefit.</p></content></level></level></subsection><subsection><num>(4)</num><content><p>The person liable to the charge is the non-qualifying person.</p></content></subsection><subsection><num>(5)</num><content><p>The rate of the charge is the same as the rate of the special lump sum death benefits charge (see section 206(4)).</p></content></subsection><subsection><num>(6)</num><intro><p>In this section—</p></intro><hcontainer name="definition"><content><p>“<term refersTo="#term-inheritance-tax">inheritance tax</term>” includes interest on inheritance tax;</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-non-qualifying-person">non-qualifying person</term>” has the same meaning as in section 206.</p></content></hcontainer></subsection></section></quotedStructure></mod></p></content></subsection><subsection eId="section-70-10"><num>(10)</num><content><p><mod>In section 274A (power to split pension schemes), at the end insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><subsection><num>(5)</num><content><p>Sections <ref href="#d28e14185">226A</ref> and <ref href="#d28e14353">226B</ref> of the Inheritance Tax Act 1984 (withholding of benefits and payment of inheritance tax by scheme administrator) are treated for the purposes of this section as provision made by this Part.</p></content></subsection></quotedStructure></mod></p></content></subsection></section><section eId="section-71"><num>71</num><heading>Commencement of <span><ref href="#section-66">sections 66</ref> to <ref href="#section-70">70</ref></span></heading><content><p>The amendments made by <span><ref href="#section-66">sections 66</ref> to <ref href="#section-70">70</ref></span> apply in relation to deaths, and (so far as relevant) to other transfers of value within the meaning of IHTA 1984, occurring on or after 6 April 2027.</p></content></section></hcontainer>
<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="section-66"><num>66</num><heading>Tax to be charged on certain pension interests</heading><content><p><mod>In IHTA 1984, before section 151 (but after the italic heading that precedes it) insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><section eId="d28e13639"><num>150A</num><heading>Certain pension interests treated as part of estate</heading><subsection eId="d28e13643"><num>(1)</num><content><p>For the purposes of this Act a member of a registered pension scheme, a qualifying non-UK pension scheme or a section 615(3) scheme is treated as beneficially entitled immediately before their death to property (“notional pension property”) by reference to the arrangements under the scheme as they stand at that time.</p></content></subsection><subsection eId="d28e13649"><num>(2)</num><content><p>The value of the member’s notional pension property in relation to the scheme is calculated as follows—</p><blockList class="unordered none" ukl:Name="UnorderedList" ukl:Decoration="none"><item><p><i>Step 1</i></p><p>For each money purchase arrangement under the scheme add together—</p><blockList class="ordered alpha parens" ukl:Name="OrderedList" ukl:Type="alpha" ukl:Decoration="parens"><item><num>(a)</num><p>the value of any property that—</p><blockList class="ordered roman parens" ukl:Name="OrderedList" ukl:Type="roman" ukl:Decoration="parens"><item><num>(i)</num><p>is held in a pension pot, and</p></item><item><num>(ii)</num><p>may or must be used to provide benefits under the arrangement on the death of the member, and</p></item></blockList></item><item><num>(b)</num><p>the value of any property that—</p><blockList class="ordered roman parens" ukl:Name="OrderedList" ukl:Type="roman" ukl:Decoration="parens"><item><num>(i)</num><p>is not held in a pension pot, and</p></item><item><num>(ii)</num><p>may be and can reasonably be expected to be used to provide benefits under the arrangement on the death of the member,</p></item></blockList></item></blockList><p>then deduct the value of any property within paragraph <ref href="#d28e13665">(a)</ref> or <ref href="#d28e13678">(b)</ref> that may only be used to provide an excluded benefit.</p></item><item><p><i>Step 2</i></p><p>For each defined benefits arrangement under the scheme add together—</p><blockList class="ordered alpha parens" ukl:Name="OrderedList" ukl:Type="alpha" ukl:Decoration="parens"><item><num>(a)</num><p>the amount of any benefit that must be paid as a lump sum death benefit under the arrangement on the death of the member,</p></item><item><num>(b)</num><p>the amount of any benefit not within paragraph <ref href="#d28e13708">(a)</ref> that may be and can reasonably be expected to be paid as a lump sum death benefit under the arrangement on the death of the member, and</p></item><item><num>(c)</num><p>the amount of any benefit that may be and, assuming that the maximum amount possible is paid as a lump sum death benefit, can reasonably be expected to be paid as a scheme continuation payment under the arrangement on the death of the member,</p></item></blockList><p>then deduct the amount of any benefit within paragraph <ref href="#d28e13708">(a)</ref>, <ref href="#d28e13712">(b)</ref> or <ref href="#d28e13719">(c)</ref> that may only be paid as an excluded benefit.</p></item><item><p><i>Step 3</i></p><p>Add together each of the amounts given at Steps 1 and 2.</p></item></blockList></content></subsection><subsection><num>(3)</num><content><p>In determining for the purposes of subsection <ref href="#d28e13649">(2)</ref> any question as to what can reasonably be expected, regard is to be had (in particular) to appropriate actuarial assumptions.</p></content></subsection><subsection><num>(4)</num><content><p>Except under this section, no interest in or under a registered pension scheme, a qualifying non-UK pension scheme or a section 615(3) scheme is taken into account for the purposes of this Act in determining the value of the estate of a member of the scheme immediately before their death.</p></content></subsection><subsection><num>(5)</num><content><p>For the purposes of section 6 (excluded property), notional pension property in relation to a pension scheme is regarded as situated in the country or territory in which the scheme is established.</p></content></subsection><subsection eId="d28e13763"><num>(6)</num><intro><p>In subsection <ref href="#d28e13649">(2)</ref>—</p></intro><hcontainer name="definition"><intro><p>“<term refersTo="#term-excluded-benefit">excluded benefit</term>”, in relation to a pension scheme, means a benefit that may only be paid under the scheme as one or more of the following—</p></intro><level class="para1"><num>(a)</num><content><p>a dependants’ scheme pension;</p></content></level><level class="para1"><num>(b)</num><content><p>a trivial commutation lump sum death benefit whose payment to a person extinguishes the person’s entitlement to a dependants’ scheme pension;</p></content></level><level class="para1"><num>(c)</num><content><p>a dependants’ annuity, or a nominees’ annuity, that was purchased together with a lifetime annuity payable to the member (and for that purpose “<term refersTo="#term-purchased-together">purchased together</term>” is to be construed in accordance with paragraphs 17(1A) and 27AA(2) of Schedule 28 to the Finance Act 2004);</p></content></level><level class="para1"><num>(d)</num><content><p>any amount that—</p><blockList class="ordered roman parens" ukl:Name="OrderedList" ukl:Type="roman" ukl:Decoration="parens"><item><num>(i)</num><p>is payable as a benefit (in any form) in respect of a member of the scheme if the member is in employment or other work of a particular description immediately before their death, and</p></item><item><num>(ii)</num><p>is not payable as a benefit (in any form) in respect of a member of the scheme if the member does not meet those conditions;</p></item></blockList></content></level></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-held-in-a-pension-pot">held in a pension pot</term>” means available for the purpose of providing benefits to or in respect of one specific member of the scheme;</p></content></hcontainer><hcontainer name="definition"><intro><p>“<term refersTo="#term-scheme-continuation-payment">scheme continuation payment</term>” means a payment made—</p></intro><level class="para1"><num>(a)</num><content><p>in relation to a registered pension scheme, in accordance with pension rule 2 in section 165(1) of the Finance Act 2004 (continuing payments after death);</p></content></level><level class="para1"><num>(b)</num><content><p>in relation to a qualifying non-UK pension scheme or a section 615(3) scheme, in such a way as would be in accordance with that rule if the scheme in question were a registered pension scheme.</p></content></level></hcontainer></subsection><subsection><num>(7)</num><intro><p>Each of the following has the same meaning in this section as in Part 4 of the Finance Act 2004 (pension schemes etc)—</p></intro><hcontainer name="definition"><content><p>“<term refersTo="#term-arrangement">arrangement</term>” (see section 152(1) of that Act);</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-defined-benefits-arrangement">defined benefits arrangement</term>” (see section 152(6) of that Act);</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-dependants’-annuity">dependants’ annuity</term>” (see paragraph 17 of Schedule 28 to that Act);</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-dependants’-scheme-pension">dependants’ scheme pension</term>” (see paragraph 16 of Schedule 28 to that Act);</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-lifetime-annuity">lifetime annuity</term>” (see paragraph 3 of Schedule 28 to that Act);</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-lump-sum-death-benefit">lump sum death benefit</term>” (see section 168(2) of that Act);</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-money-purchase-arrangement">money purchase arrangement</term>” (see section 152(2) of that Act);</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-nominees’-annuity">nominees’ annuity</term>” (see paragraph 27AA of Schedule 28 to that Act);</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-trivial-commutation-lump-sum-death-benefit">trivial commutation lump sum death benefit</term>” (see paragraph 20 of Schedule 29 to that Act);</p></content></hcontainer><wrapUp><p>but for the purposes of this section those definitions are to be read with any necessary modifications in applying them to a qualifying non-UK pension scheme or a section 615(3) scheme.</p></wrapUp></subsection></section></quotedStructure></mod></p></content></section>
<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="section-67"><num>67</num><heading>Liability for tax on pension interests</heading><subsection eId="section-67-1"><num>(1)</num><content><p>IHTA 1984 is amended as follows.</p></content></subsection><subsection eId="section-67-2"><num>(2)</num><content><p><mod>For section 210 substitute—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><section eId="d28e13927"><num>210</num><heading>Pension rights</heading><subsection><num>(1)</num><content><p>This section applies to any tax that is attributable to the value of notional pension property of a deceased member of a registered pension scheme, a qualifying non-UK pension scheme or a section 615(3) scheme.</p></content></subsection><subsection><num>(2)</num><intro><p>For the purposes of this Part the tax is treated as also attributable to the value of—</p></intro><level class="para1"><num>(a)</num><content><p>any property held for the purposes of the scheme that is available for paying a benefit on the deceased’s death, except so far as the property may only be used to provide an excluded benefit, or an exempt benefit, on the deceased’s death, and</p></content></level><level class="para1"><num>(b)</num><content><p>any property that is received by a person under the scheme as a benefit on the deceased’s death, other than an excluded benefit or an exempt benefit.</p></content></level></subsection><subsection eId="d28e13955"><num>(3)</num><intro><p>The persons liable for the tax (as well as including a person within section 200(1)(c) (person in whom property is vested etc))—</p></intro><level class="para1"><num>(a)</num><content><p>include the deceased’s personal representatives so far as they are not already liable under section 200(1)(a),</p></content></level><level class="para1" eId="d28e13967"><num>(b)</num><intro><p>where the scheme is a registered pension scheme, include the scheme administrator where—</p></intro><level class="para2" eId="d28e13973"><num>(i)</num><content><p>a benefit has been paid in breach of section <ref href="#d28e14185">226A</ref> (withholding of benefits), or</p></content></level><level class="para2" eId="d28e13982"><num>(ii)</num><content><p>the scheme administrator has failed to comply with section <ref href="#d28e14353">226B</ref> (direct payment of tax on receipt of notice), and</p></content></level></level><level class="para1" eId="d28e13991"><num>(c)</num><content><p>where the scheme is a registered pension scheme or a section 615(3) scheme, do not (despite section 200(1)(b) and (c)) include the trustees of the scheme (if there are any) or any other person who holds property for the purposes of the scheme in question.</p></content></level></subsection><subsection><num>(4)</num><content><p>Where the scheme administrator is liable for tax by virtue of subsection <ref href="#d28e13955">(3)</ref><ref href="#d28e13967">(b)</ref><ref href="#d28e13982">(ii)</ref> (and not by virtue of subsection <ref href="#d28e13955">(3)</ref><ref href="#d28e13967">(b)</ref><ref href="#d28e13973">(i)</ref>), their liability is limited to the amount of tax that they have failed to pay as required under section <ref href="#d28e14353">226B</ref>.</p></content></subsection><subsection eId="d28e14020"><num>(5)</num><content><p>Sections 271 to 272C of the Finance Act 2004 (liability of scheme administrator) apply in relation to a liability under this Act as they apply in relation to a liability under Part 4 of that Act.</p></content></subsection><subsection><num>(6)</num><intro><p>Subsection <ref href="#d28e13955">(3)</ref><ref href="#d28e13991">(c)</ref> does not prevent a person from being liable to tax—</p></intro><level class="para1"><num>(a)</num><content><p>under subsection <ref href="#d28e13955">(3)</ref><ref href="#d28e13967">(b)</ref> in their capacity as scheme administrator, or</p></content></level><level class="para1"><num>(b)</num><content><p>by virtue of subsection <ref href="#d28e14020">(5)</ref>.</p></content></level></subsection><subsection eId="d28e14057"><num>(7)</num><content><p>In this Act “<term refersTo="#term-exempt-benefit">exempt benefit</term>”, in relation to a pension scheme and a deceased member of the scheme, means a benefit paid under the scheme if and so far as the payment renders the transfer of value made on the deceased’s death an exempt transfer.</p></content></subsection><subsection><num>(8)</num><content><p>For provision under which a payment of a benefit renders the transfer of value on death an exempt transfer to the extent of the payment, see—</p><blockList class="unordered none" ukl:Name="UnorderedList" ukl:Decoration="none"><item><p>section 18 (transfers between spouses or civil partners);</p></item><item><p>section 23 (gifts to charities or registered clubs);</p></item><item><p>section 24 (gifts to political parties);</p></item><item><p>section 24A (gifts to housing associations);</p></item><item><p>section 25 (gifts for national purposes etc);</p></item><item><p>section 27 (maintenance funds for historic buildings etc).</p></item></blockList></content></subsection></section></quotedStructure></mod></p></content></subsection><subsection eId="section-67-3"><num>(3)</num><content><p><mod>In section 211 (burden of tax on death), for subsection (3) substitute—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><subsection><num>(3)</num><intro><p>If—</p></intro><level class="para1"><num>(a)</num><content><p>personal representatives pay an amount of tax,</p></content></level><level class="para1"><num>(b)</num><content><p>the amount does not fall to be borne as part of the general testamentary and administration expenses of the estate,</p></content></level><level class="para1"><num>(c)</num><content><p>property to whose value the tax is attributable is vested in someone other than the personal representatives (“the vestee”), and</p></content></level><level class="para1"><num>(d)</num><content><p>the personal representatives cannot recover the amount by deducting it from any sums payable to the vestee out of the estate (whether because there are no sums so payable or because such sums are insufficient or have already been paid without deduction),</p></content></level><wrapUp><p>the vestee must repay the amount to the personal representatives.</p></wrapUp></subsection></quotedStructure></mod></p></content></subsection><subsection eId="section-67-4"><num>(4)</num><content><p><mod>In section 212 (powers to raise tax), in subsection (1), for “or any part of it” substitute <quotedText>“, any property derived from that property, or any part of that property or of property derived from it”</quotedText>.</mod></p></content></subsection><subsection eId="section-67-5"><num>(5)</num><content><p><mod>In section 239 (certificates of discharge), after subsection (4) insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><subsection><num>(4A)</num><intro><p>If—</p></intro><level class="para1"><num>(a)</num><content><p>the personal representatives of a deceased person are given a certificate under subsection (2), and</p></content></level><level class="para1"><num>(b)</num><content><p>further property is afterwards shown to have been included in the estate of the deceased immediately before their death by virtue of section 150A(1) (notional pension property),</p></content></level><wrapUp><p>then despite subsection (4)(b) the personal representatives are not liable for any tax attributable to that further property unless the failure to disclose the property in the application under subsection (2) was due to carelessness on the part of the personal representatives.</p></wrapUp></subsection></quotedStructure></mod></p></content></subsection></section>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-67-1"><num>(1)</num><content><p>IHTA 1984 is amended as follows.</p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="section-67-2"><num>(2)</num><content><p><mod>For section 210 substitute—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><section eId="d28e13927"><num>210</num><heading>Pension rights</heading><subsection><num>(1)</num><content><p>This section applies to any tax that is attributable to the value of notional pension property of a deceased member of a registered pension scheme, a qualifying non-UK pension scheme or a section 615(3) scheme.</p></content></subsection><subsection><num>(2)</num><intro><p>For the purposes of this Part the tax is treated as also attributable to the value of—</p></intro><level class="para1"><num>(a)</num><content><p>any property held for the purposes of the scheme that is available for paying a benefit on the deceased’s death, except so far as the property may only be used to provide an excluded benefit, or an exempt benefit, on the deceased’s death, and</p></content></level><level class="para1"><num>(b)</num><content><p>any property that is received by a person under the scheme as a benefit on the deceased’s death, other than an excluded benefit or an exempt benefit.</p></content></level></subsection><subsection eId="d28e13955"><num>(3)</num><intro><p>The persons liable for the tax (as well as including a person within section 200(1)(c) (person in whom property is vested etc))—</p></intro><level class="para1"><num>(a)</num><content><p>include the deceased’s personal representatives so far as they are not already liable under section 200(1)(a),</p></content></level><level class="para1" eId="d28e13967"><num>(b)</num><intro><p>where the scheme is a registered pension scheme, include the scheme administrator where—</p></intro><level class="para2" eId="d28e13973"><num>(i)</num><content><p>a benefit has been paid in breach of section <ref href="#d28e14185">226A</ref> (withholding of benefits), or</p></content></level><level class="para2" eId="d28e13982"><num>(ii)</num><content><p>the scheme administrator has failed to comply with section <ref href="#d28e14353">226B</ref> (direct payment of tax on receipt of notice), and</p></content></level></level><level class="para1" eId="d28e13991"><num>(c)</num><content><p>where the scheme is a registered pension scheme or a section 615(3) scheme, do not (despite section 200(1)(b) and (c)) include the trustees of the scheme (if there are any) or any other person who holds property for the purposes of the scheme in question.</p></content></level></subsection><subsection><num>(4)</num><content><p>Where the scheme administrator is liable for tax by virtue of subsection <ref href="#d28e13955">(3)</ref><ref href="#d28e13967">(b)</ref><ref href="#d28e13982">(ii)</ref> (and not by virtue of subsection <ref href="#d28e13955">(3)</ref><ref href="#d28e13967">(b)</ref><ref href="#d28e13973">(i)</ref>), their liability is limited to the amount of tax that they have failed to pay as required under section <ref href="#d28e14353">226B</ref>.</p></content></subsection><subsection eId="d28e14020"><num>(5)</num><content><p>Sections 271 to 272C of the Finance Act 2004 (liability of scheme administrator) apply in relation to a liability under this Act as they apply in relation to a liability under Part 4 of that Act.</p></content></subsection><subsection><num>(6)</num><intro><p>Subsection <ref href="#d28e13955">(3)</ref><ref href="#d28e13991">(c)</ref> does not prevent a person from being liable to tax—</p></intro><level class="para1"><num>(a)</num><content><p>under subsection <ref href="#d28e13955">(3)</ref><ref href="#d28e13967">(b)</ref> in their capacity as scheme administrator, or</p></content></level><level class="para1"><num>(b)</num><content><p>by virtue of subsection <ref href="#d28e14020">(5)</ref>.</p></content></level></subsection><subsection eId="d28e14057"><num>(7)</num><content><p>In this Act “<term refersTo="#term-exempt-benefit">exempt benefit</term>”, in relation to a pension scheme and a deceased member of the scheme, means a benefit paid under the scheme if and so far as the payment renders the transfer of value made on the deceased’s death an exempt transfer.</p></content></subsection><subsection><num>(8)</num><content><p>For provision under which a payment of a benefit renders the transfer of value on death an exempt transfer to the extent of the payment, see—</p><blockList class="unordered none" ukl:Name="UnorderedList" ukl:Decoration="none"><item><p>section 18 (transfers between spouses or civil partners);</p></item><item><p>section 23 (gifts to charities or registered clubs);</p></item><item><p>section 24 (gifts to political parties);</p></item><item><p>section 24A (gifts to housing associations);</p></item><item><p>section 25 (gifts for national purposes etc);</p></item><item><p>section 27 (maintenance funds for historic buildings etc).</p></item></blockList></content></subsection></section></quotedStructure></mod></p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="section-67-3"><num>(3)</num><content><p><mod>In section 211 (burden of tax on death), for subsection (3) substitute—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><subsection><num>(3)</num><intro><p>If—</p></intro><level class="para1"><num>(a)</num><content><p>personal representatives pay an amount of tax,</p></content></level><level class="para1"><num>(b)</num><content><p>the amount does not fall to be borne as part of the general testamentary and administration expenses of the estate,</p></content></level><level class="para1"><num>(c)</num><content><p>property to whose value the tax is attributable is vested in someone other than the personal representatives (“the vestee”), and</p></content></level><level class="para1"><num>(d)</num><content><p>the personal representatives cannot recover the amount by deducting it from any sums payable to the vestee out of the estate (whether because there are no sums so payable or because such sums are insufficient or have already been paid without deduction),</p></content></level><wrapUp><p>the vestee must repay the amount to the personal representatives.</p></wrapUp></subsection></quotedStructure></mod></p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-67-4"><num>(4)</num><content><p><mod>In section 212 (powers to raise tax), in subsection (1), for “or any part of it” substitute <quotedText>“, any property derived from that property, or any part of that property or of property derived from it”</quotedText>.</mod></p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="section-67-5"><num>(5)</num><content><p><mod>In section 239 (certificates of discharge), after subsection (4) insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><subsection><num>(4A)</num><intro><p>If—</p></intro><level class="para1"><num>(a)</num><content><p>the personal representatives of a deceased person are given a certificate under subsection (2), and</p></content></level><level class="para1"><num>(b)</num><content><p>further property is afterwards shown to have been included in the estate of the deceased immediately before their death by virtue of section 150A(1) (notional pension property),</p></content></level><wrapUp><p>then despite subsection (4)(b) the personal representatives are not liable for any tax attributable to that further property unless the failure to disclose the property in the application under subsection (2) was due to carelessness on the part of the personal representatives.</p></wrapUp></subsection></quotedStructure></mod></p></content></subsection>
<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="section-68"><num>68</num><heading>Withholding of benefits and payment of tax by pension scheme administrator</heading><content><p><mod>In IHTA 1984, after section 226 insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><section eId="d28e14185"><num>226A</num><heading>Tax on notional pension property: withholding of benefits</heading><subsection><num>(1)</num><content><p>The personal representatives of a deceased person may give a notice to the scheme administrator of a registered pension scheme if they know that they are, or have reason to believe that they may be, liable for tax attributable to notional pension property of the deceased in relation to the scheme.</p></content></subsection><subsection eId="d28e14195"><num>(2)</num><content><p>A prospective personal representative of a deceased person may give a notice to the scheme administrator of a registered pension scheme if they have reason to believe that, on becoming a personal representative, they would be, or might be, liable for tax attributable to notional pension property of the deceased in relation to the scheme.</p></content></subsection><subsection><num>(3)</num><content><p>In this section “<term refersTo="#term-withholding-notice">withholding notice</term>” means a notice under subsection (1) or <ref href="#d28e14195">(2)</ref>.</p></content></subsection><subsection eId="d28e14213"><num>(4)</num><intro><p>While a withholding notice has effect, no benefit may be paid under the scheme to a person (“<term refersTo="#term-p">P</term>”) if—</p></intro><level class="para1"><num>(a)</num><content><p>the total amount of benefits previously paid under the scheme to P on the deceased’s death exceeds 50% of P’s benefit entitlement, or</p></content></level><level class="para1"><num>(b)</num><content><p>the payment of the benefit would result in the total amount of benefits paid under the scheme to P on the deceased’s death exceeding 50% of P’s benefit entitlement.</p></content></level></subsection><subsection><num>(5)</num><content><p>In subsection <ref href="#d28e14213">(4)</ref> a person’s “<term refersTo="#term-benefit-entitlement">benefit entitlement</term>” means so much of the value of the notional pension property of the deceased in relation to the scheme as is attributable on a just and reasonable apportionment, having regard to appropriate actuarial assumptions, to benefits that have been paid, or are or will be payable, to that person.</p></content></subsection><subsection><num>(6)</num><content><p>Subsection <ref href="#d28e14213">(4)</ref> does not apply to the payment of an excluded benefit or an exempt benefit.</p></content></subsection><subsection><num>(7)</num><intro><p>A withholding notice has effect from the time when it is received by the scheme administrator until the earliest of the following—</p></intro><level class="para1"><num>(a)</num><intro><p>any time when it is withdrawn by —</p></intro><level class="para2"><num>(i)</num><content><p>the personal representatives, or</p></content></level><level class="para2"><num>(ii)</num><content><p>if the person who gave the notice was a prospective personal representative, that person;</p></content></level></level><level class="para1"><num>(b)</num><content><p>any time when all the tax attributable to notional pension property of the deceased in relation to the scheme, and any interest due in respect of that tax, is paid;</p></content></level><level class="para1"><num>(c)</num><content><p>15 months after the end of the month in which the deceased died.</p></content></level></subsection><subsection><num>(8)</num><content><p>A withholding notice does not have effect unless it complies with any requirements prescribed by the Commissioners for His Majesty's Revenue and Customs as to form and content.</p></content></subsection><subsection><num>(9)</num><content><p>The rules of a registered pension scheme are void so far as they purport to require a benefit to be paid in breach of subsection <ref href="#d28e14213">(4)</ref>.</p></content></subsection><subsection><num>(10)</num><content><p>A payment that would fall due but for a withholding notice instead falls due immediately after the notice ceases to have effect.</p></content></subsection><subsection><num>(11)</num><content><p>For the consequences if a benefit is paid in breach of subsection <ref href="#d28e14213">(4)</ref>, see section <ref href="#d28e13927">210</ref><ref href="#d28e13955">(3)</ref><ref href="#d28e13967">(b)</ref> (joint liability of scheme administrator).</p></content></subsection><subsection><num>(12)</num><intro><p>In this section—</p></intro><hcontainer name="definition"><content><p>“<term refersTo="#term-prospective-personal-representative">prospective personal representative</term>”, in relation to a deceased person, means a person who has reason to believe that they will become a personal representative of that person;</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-registered-club">registered club</term>” has the same meaning as in Chapter 9 of Part 13 of the Corporation Tax Act 2010.</p></content></hcontainer></subsection></section><section eId="d28e14353"><num>226B</num><heading>Tax on notional pension property: direct payment by scheme administrator</heading><subsection><num>(1)</num><content><p>A person (“the taxpayer”) may by notice (a “payment notice”) require the scheme administrator of a registered pension scheme to pay any tax for which the taxpayer is liable and which is attributable to the value of the notional pension property of a deceased member of the scheme.</p></content></subsection><subsection><num>(2)</num><intro><p>The scheme administrator must pay the amount of tax specified in a payment notice before the end of the period of 35 days beginning with the day on which they receive the notice, unless the notice—</p></intro><level class="para1"><num>(a)</num><content><p>is withdrawn by the taxpayer during that period (and before the amount is paid), or</p></content></level><level class="para1"><num>(b)</num><content><p>does not comply with the requirements of subsection <ref href="#d28e14384">(3)</ref>, or ceases to comply with them during that period (and before the amount is paid).</p></content></level></subsection><subsection eId="d28e14384"><num>(3)</num><intro><p>The requirements are—</p></intro><level class="para1"><num>(a)</num><content><p>that the payment notice specifies the amount of tax that it requires to be paid;</p></content></level><level class="para1" eId="d28e14396"><num>(b)</num><content><p>that the amount specified is not less than £1,000;</p></content></level><level class="para1"><num>(c)</num><content><p>that the amount specified does not exceed the amount of tax for which the taxpayer is liable in respect of notional pension property of the deceased in relation to the scheme;</p></content></level><level class="para1" eId="d28e14408"><num>(d)</num><intro><p>that where the taxpayer is a beneficiary the amount specified does not exceed the difference between—</p></intro><level class="para2"><num>(i)</num><content><p>the amount of the benefits payable to the beneficiary under the scheme on the deceased’s death, and</p></content></level><level class="para2"><num>(ii)</num><content><p>the amount that has already been paid on the deceased’s death in benefits to or for the benefit of the beneficiary under the scheme, or that has already been specified in a payment notice given by the beneficiary in relation to the deceased;</p></content></level></level><level class="para1" eId="d28e14426"><num>(e)</num><intro><p>that where the taxpayer is the deceased’s personal representatives the amount specified does not exceed the difference between—</p></intro><level class="para2"><num>(i)</num><content><p>the amount of the benefits payable under the scheme on the deceased’s death, and</p></content></level><level class="para2"><num>(ii)</num><content><p>the amount that has already been paid on the deceased’s death in benefits under the scheme, or that has already been specified in a payment notice given by any person in relation to the deceased;</p></content></level></level><level class="para1"><num>(f)</num><content><p>that the payment notice complies with any requirements prescribed by the Commissioners for His Majesty's Revenue and Customs as to form and content.</p></content></level></subsection><subsection><num>(4)</num><content><p>The references in subsection (3)(e) to benefits do not include excluded benefits or exempt benefits.</p></content></subsection><subsection><num>(5)</num><intro><p>The references in subsection <ref href="#d28e14384">(3)</ref><ref href="#d28e14408">(d)</ref> and <ref href="#d28e14426">(e)</ref> to the amount of benefits payable under the scheme—</p></intro><level class="para1"><num>(a)</num><content><p>include any amount that has been or will in future be payable, and</p></content></level><level class="para1"><num>(b)</num><content><p>in a case where the exact amount of benefits that will in future be payable cannot be known, are to be read as references to the amount that, having regard (in particular) to appropriate actuarial assumptions, can reasonably be expected to be paid.</p></content></level></subsection><subsection eId="d28e14482"><num>(6)</num><intro><p>Where the scheme administrator pays an amount of tax under this section, a consequential adjustment may be made, on a basis that is just and reasonable having regard to appropriate actuarial assumptions and to any tax previously paid—</p></intro><level class="para1"><num>(a)</num><content><p>where the taxpayer is a beneficiary, to that beneficiary’s entitlement to benefits under the scheme on the deceased’s death;</p></content></level><level class="para1"><num>(b)</num><content><p>where the taxpayer is the deceased’s personal representatives, to any person’s entitlement to benefits under the scheme on the deceased’s death.</p></content></level></subsection><subsection><num>(7)</num><intro><p>Any repayment under section 241 (overpayments) of tax paid by the scheme administrator under this section may, regardless of who the taxpayer is, be paid to—</p></intro><level class="para1"><num>(a)</num><content><p>the deceased’s personal representatives, or</p></content></level><level class="para1"><num>(b)</num><content><p>any of the beneficiaries to whom an officer of Revenue and Customs considers the overpayment of tax to relate</p></content></level><wrapUp><p>(but may not be paid to the scheme administrator).</p></wrapUp></subsection><subsection><num>(8)</num><intro><p>The rules of a registered pension scheme are void so far as they purport to prohibit or restrict—</p></intro><level class="para1"><num>(a)</num><content><p>the payment of tax by the scheme administrator as required under this section, or</p></content></level><level class="para1"><num>(b)</num><content><p>the making of a consequential adjustment under subsection <ref href="#d28e14482">(6)</ref> to a person’s entitlement to benefits under the scheme.</p></content></level></subsection><subsection><num>(9)</num><intro><p>In this section—</p></intro><hcontainer name="definition"><content><p>“<term refersTo="#term-beneficiary">beneficiary</term>”, in relation to a deceased member of a pension scheme, means a person who receives or has a right to receive benefits under the scheme on the member’s death;</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-tax">tax</term>” includes interest on tax.</p></content></hcontainer></subsection><subsection eId="d28e14562"><num>(10)</num><content><p>The Treasury may by regulations made by statutory instrument amend the figure for the time being mentioned in subsection <ref href="#d28e14384">(3)</ref><ref href="#d28e14396">(b)</ref>.</p></content></subsection><subsection><num>(11)</num><content><p>A statutory instrument containing regulations under subsection <ref href="#d28e14562">(10)</ref> is subject to annulment in pursuance of a resolution of the House of Commons.</p></content></subsection><subsection><num>(12)</num><content><p>For the consequences if the scheme administrator fails to comply with this section, see section <ref href="#d28e13927">210</ref><ref href="#d28e13955">(3)</ref><ref href="#d28e13967">(b)</ref> (joint liability of scheme administrator).</p></content></subsection></section></quotedStructure></mod></p></content></section>
<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="section-69"><num>69</num><heading>Connected amendments to IHTA 1984</heading><subsection eId="section-69-1"><num>(1)</num><content><p>IHTA 1984 is amended as follows.</p></content></subsection><subsection eId="section-69-2"><num>(2)</num><content><p>Omit section 12A (pension drawdown fund not used up: no deemed disposition).</p></content></subsection><subsection eId="section-69-3"><num>(3)</num><content><p><mod>In section 18 (exemption for transfers between spouses or civil partners), after subsection (3) insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><subsection><num>(3A)</num><intro><p>To the extent that the value transferred by a transfer of value made on the death of a member of a pension scheme is attributable to the member’s notional pension property—</p></intro><level class="para1" eId="d28e14628"><num>(a)</num><content><p>the value transferred is treated for the purposes of this section as also attributable to any property that the person’s spouse or civil partner receives, or has a present or future right to receive, under the scheme on the death of the member otherwise than as an excluded benefit;</p></content></level><level class="para1"><num>(b)</num><content><p>the estate of the transferor’s spouse or civil partner is treated for the purposes of subsection (1) (so far as would not otherwise be the case) as increased by the value of any property that they receive, or have a right to receive, as mentioned in paragraph <ref href="#d28e14628">(a)</ref>, and</p></content></level><level class="para1"><num>(c)</num><content><p>subsection (3) does not apply in relation to the transfer of value.</p></content></level></subsection></quotedStructure></mod></p></content></subsection><subsection eId="section-69-4"><num>(4)</num><content><p><mod>In section 23 (gifts to charities or registered clubs), after subsection (5A) insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><subsection><num>(5B)</num><intro><p>To the extent that the value transferred by a transfer of value made on the death of a member of a pension scheme is attributable to the member’s notional pension property—</p></intro><level class="para1"><num>(a)</num><content><p>the value transferred is treated for the purposes of this section as also attributable to any property that on the death of the member is given under the scheme to charities or registered clubs, and</p></content></level><level class="para1"><num>(b)</num><content><p>subsection (2) does not apply in relation to the transfer of value.</p></content></level></subsection></quotedStructure></mod></p></content></subsection><subsection eId="section-69-5"><num>(5)</num><content><p><mod>In section 24 (gifts to political parties), after subsection (4) insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><subsection><num>(5)</num><intro><p>To the extent that the value transferred by a transfer of value made on the death of a member of a pension scheme is attributable to the member’s notional pension property—</p></intro><level class="para1"><num>(a)</num><content><p>the value transferred is treated for the purposes of this section as also attributable to any property that on the death of the member is given under the scheme to a political party qualifying for exemption under this section, and</p></content></level><level class="para1"><num>(b)</num><content><p>section 23(2) does not (despite subsection (3)) apply in relation to subsection (1).</p></content></level></subsection></quotedStructure></mod></p></content></subsection><subsection eId="section-69-6"><num>(6)</num><content><p><mod>In section 24A (gifts to housing associations), after subsection (3) insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><subsection><num>(4)</num><intro><p>To the extent that the value transferred by a transfer of value made on the death of a member of a pension scheme is attributable to the member’s notional pension property—</p></intro><level class="para1"><num>(a)</num><content><p>the value transferred is treated for the purposes of this section as also attributable to any land in the United Kingdom that on the death of the member is given under the scheme to a body falling within subsection (2), and</p></content></level><level class="para1"><num>(b)</num><content><p>section 23(2) does not (despite subsection (3)) apply in relation to subsection (1).</p></content></level></subsection></quotedStructure></mod></p></content></subsection><subsection eId="section-69-7"><num>(7)</num><content><p><mod>In section 25 (gifts for national purposes etc), after subsection (3) insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><subsection><num>(4)</num><intro><p>To the extent that the value transferred by a transfer of value made on the death of a member of a pension scheme is attributable to the member’s notional pension property—</p></intro><level class="para1"><num>(a)</num><intro><p>the value transferred is treated for the purposes of this section as also attributable to any property that on the death of the member is given under the scheme—</p></intro><level class="para2"><num>(i)</num><content><p>to a body within Schedule 3, or</p></content></level><level class="para2"><num>(ii)</num><content><p>in the circumstances described in paragraph 1 of Schedule 14 to the Finance Act 2012 (gifts to nation), and</p></content></level></level><level class="para1"><num>(b)</num><content><p>section 23(2) does not (despite subsection (2)) apply in relation to subsection (1).</p></content></level></subsection></quotedStructure></mod></p></content></subsection><subsection eId="section-69-8"><num>(8)</num><content><p><mod>In section 27 (maintenance funds for historic buildings etc), after subsection (2) insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><subsection><num>(3)</num><intro><p>To the extent that the value transferred by a transfer of value made on the death of a member of a pension scheme is attributable to the member’s notional pension property—</p></intro><level class="para1"><num>(a)</num><intro><p>the value transferred is treated for the purposes of this section as also attributable to any property—</p></intro><level class="para2"><num>(i)</num><content><p>that on the death of the member is given under the scheme to a person and becomes comprised in a settlement, and</p></content></level><level class="para2"><num>(ii)</num><content><p>in respect of which the condition in subsection (1)(a) or (b) is met, and</p></content></level></level><level class="para1"><num>(b)</num><content><p>section 23(2) does not (despite subsection (2)) apply in relation to subsection (1).</p></content></level></subsection></quotedStructure></mod></p></content></subsection><subsection eId="section-69-9"><num>(9)</num><intro><p>In section 151 (treatment of pension rights etc)—</p></intro><level class="para1" eId="section-69-9-a"><num>(a)</num><content><p><mod>for the heading substitute <quotedText>“Other provision about pension interests”</quotedText>;</mod></p></content></level><level class="para1" eId="section-69-9-b"><num>(b)</num><content><p><mod>for subsections (2) and (3) substitute—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><subsection><num>(3)</num><content><p>Sections 49 to 53 (holder of interest in possession treated as directly entitled to property in which interest subsists etc) do not apply in relation to an interest in possession in property where the property is held for the purposes of a registered pension scheme, a qualifying non-UK pension scheme or a section 615(3) scheme.</p></content></subsection></quotedStructure><inline name="appendText">;</inline></mod></p></content></level><level class="para1" eId="section-69-9-c"><num>(c)</num><content><p>omit subsection (4).</p></content></level></subsection><subsection eId="section-69-10"><num>(10)</num><content><p>Omit section 152 (cash options).</p></content></subsection><subsection eId="section-69-11"><num>(11)</num><content><p><mod>After section 218A insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><section><num>218B</num><heading>Pensions: information powers</heading><subsection><num>(1)</num><content><p>The powers conferred on the Board by section 251 of the Finance Act 2004 (powers relating to the provision and preservation of information in connection with pensions) are exercisable for the purposes of this Act.</p></content></subsection><subsection><num>(2)</num><content><p>Subsection (1) is without prejudice to the generality of that section of that Act.</p></content></subsection></section></quotedStructure></mod></p></content></subsection><subsection eId="section-69-12"><num>(12)</num><intro><p>In section 272 (general interpretation), in subsection (1)—</p></intro><level class="para1" eId="section-69-12-a"><num>(a)</num><content><p><mod>in the definition of “member”, after “scheme,” insert <quotedText>“a qualifying non-UK pension scheme or a section 615(3) scheme,”</quotedText>;</mod></p></content></level><level class="para1" eId="section-69-12-b"><num>(b)</num><content><p><mod>at the appropriate places insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><hcontainer name="definition"><content><p>“<term refersTo="#term-excluded-benefit">excluded benefit</term>”, in relation to a pension scheme, has the meaning given by section <ref href="#d28e13639">150A</ref><ref href="#d28e13763">(6)</ref>;</p></content></hcontainer></quotedStructure><inline name="appendText">;</inline></mod></p><p><mod><quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><hcontainer name="definition"><content><p>“<term refersTo="#term-exempt-benefit">exempt benefit</term>”, in relation to a pension scheme and a deceased member of the scheme, has the meaning given by section 210<ref href="#d28e14057">(7)</ref>;</p></content></hcontainer></quotedStructure><inline name="appendText">;</inline></mod></p><p><mod><quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><hcontainer name="definition"><content><p>“<term refersTo="#term-notional-pension-property">notional pension property</term>”, in relation to a member of a pension scheme and a pension scheme, means property to which the member is treated under section <ref href="#d28e13639">150A</ref><ref href="#d28e13643">(1)</ref> (certain pension property treated as part of estate) as having been beneficially entitled immediately before their death by reference to the arrangements under the scheme;</p></content></hcontainer></quotedStructure><inline name="appendText">;</inline></mod></p><p><mod><quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><hcontainer name="definition"><content><p>“<term refersTo="#term-qualifying-non-uk-pension-scheme">qualifying non-UK pension scheme</term>” has the meaning given in section 271A;</p></content></hcontainer></quotedStructure><inline name="appendText">;</inline></mod></p><p><mod><quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><hcontainer name="definition"><content><p>“<term refersTo="#term-the-scheme-administrator">the scheme administrator</term>”, in relation to a registered pension scheme, has the meaning given in section 270 of the Finance Act 2004;</p></content></hcontainer></quotedStructure><inline name="appendText">.</inline></mod></p></content></level></subsection></section>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-69-1"><num>(1)</num><content><p>IHTA 1984 is amended as follows.</p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-69-2"><num>(2)</num><content><p>Omit section 12A (pension drawdown fund not used up: no deemed disposition).</p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="section-69-3"><num>(3)</num><content><p><mod>In section 18 (exemption for transfers between spouses or civil partners), after subsection (3) insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><subsection><num>(3A)</num><intro><p>To the extent that the value transferred by a transfer of value made on the death of a member of a pension scheme is attributable to the member’s notional pension property—</p></intro><level class="para1" eId="d28e14628"><num>(a)</num><content><p>the value transferred is treated for the purposes of this section as also attributable to any property that the person’s spouse or civil partner receives, or has a present or future right to receive, under the scheme on the death of the member otherwise than as an excluded benefit;</p></content></level><level class="para1"><num>(b)</num><content><p>the estate of the transferor’s spouse or civil partner is treated for the purposes of subsection (1) (so far as would not otherwise be the case) as increased by the value of any property that they receive, or have a right to receive, as mentioned in paragraph <ref href="#d28e14628">(a)</ref>, and</p></content></level><level class="para1"><num>(c)</num><content><p>subsection (3) does not apply in relation to the transfer of value.</p></content></level></subsection></quotedStructure></mod></p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="section-69-4"><num>(4)</num><content><p><mod>In section 23 (gifts to charities or registered clubs), after subsection (5A) insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><subsection><num>(5B)</num><intro><p>To the extent that the value transferred by a transfer of value made on the death of a member of a pension scheme is attributable to the member’s notional pension property—</p></intro><level class="para1"><num>(a)</num><content><p>the value transferred is treated for the purposes of this section as also attributable to any property that on the death of the member is given under the scheme to charities or registered clubs, and</p></content></level><level class="para1"><num>(b)</num><content><p>subsection (2) does not apply in relation to the transfer of value.</p></content></level></subsection></quotedStructure></mod></p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="section-69-5"><num>(5)</num><content><p><mod>In section 24 (gifts to political parties), after subsection (4) insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><subsection><num>(5)</num><intro><p>To the extent that the value transferred by a transfer of value made on the death of a member of a pension scheme is attributable to the member’s notional pension property—</p></intro><level class="para1"><num>(a)</num><content><p>the value transferred is treated for the purposes of this section as also attributable to any property that on the death of the member is given under the scheme to a political party qualifying for exemption under this section, and</p></content></level><level class="para1"><num>(b)</num><content><p>section 23(2) does not (despite subsection (3)) apply in relation to subsection (1).</p></content></level></subsection></quotedStructure></mod></p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="section-69-6"><num>(6)</num><content><p><mod>In section 24A (gifts to housing associations), after subsection (3) insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><subsection><num>(4)</num><intro><p>To the extent that the value transferred by a transfer of value made on the death of a member of a pension scheme is attributable to the member’s notional pension property—</p></intro><level class="para1"><num>(a)</num><content><p>the value transferred is treated for the purposes of this section as also attributable to any land in the United Kingdom that on the death of the member is given under the scheme to a body falling within subsection (2), and</p></content></level><level class="para1"><num>(b)</num><content><p>section 23(2) does not (despite subsection (3)) apply in relation to subsection (1).</p></content></level></subsection></quotedStructure></mod></p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="section-69-7"><num>(7)</num><content><p><mod>In section 25 (gifts for national purposes etc), after subsection (3) insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><subsection><num>(4)</num><intro><p>To the extent that the value transferred by a transfer of value made on the death of a member of a pension scheme is attributable to the member’s notional pension property—</p></intro><level class="para1"><num>(a)</num><intro><p>the value transferred is treated for the purposes of this section as also attributable to any property that on the death of the member is given under the scheme—</p></intro><level class="para2"><num>(i)</num><content><p>to a body within Schedule 3, or</p></content></level><level class="para2"><num>(ii)</num><content><p>in the circumstances described in paragraph 1 of Schedule 14 to the Finance Act 2012 (gifts to nation), and</p></content></level></level><level class="para1"><num>(b)</num><content><p>section 23(2) does not (despite subsection (2)) apply in relation to subsection (1).</p></content></level></subsection></quotedStructure></mod></p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="section-69-8"><num>(8)</num><content><p><mod>In section 27 (maintenance funds for historic buildings etc), after subsection (2) insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><subsection><num>(3)</num><intro><p>To the extent that the value transferred by a transfer of value made on the death of a member of a pension scheme is attributable to the member’s notional pension property—</p></intro><level class="para1"><num>(a)</num><intro><p>the value transferred is treated for the purposes of this section as also attributable to any property—</p></intro><level class="para2"><num>(i)</num><content><p>that on the death of the member is given under the scheme to a person and becomes comprised in a settlement, and</p></content></level><level class="para2"><num>(ii)</num><content><p>in respect of which the condition in subsection (1)(a) or (b) is met, and</p></content></level></level><level class="para1"><num>(b)</num><content><p>section 23(2) does not (despite subsection (2)) apply in relation to subsection (1).</p></content></level></subsection></quotedStructure></mod></p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="section-69-9"><num>(9)</num><intro><p>In section 151 (treatment of pension rights etc)—</p></intro><level class="para1" eId="section-69-9-a"><num>(a)</num><content><p><mod>for the heading substitute <quotedText>“Other provision about pension interests”</quotedText>;</mod></p></content></level><level class="para1" eId="section-69-9-b"><num>(b)</num><content><p><mod>for subsections (2) and (3) substitute—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><subsection><num>(3)</num><content><p>Sections 49 to 53 (holder of interest in possession treated as directly entitled to property in which interest subsists etc) do not apply in relation to an interest in possession in property where the property is held for the purposes of a registered pension scheme, a qualifying non-UK pension scheme or a section 615(3) scheme.</p></content></subsection></quotedStructure><inline name="appendText">;</inline></mod></p></content></level><level class="para1" eId="section-69-9-c"><num>(c)</num><content><p>omit subsection (4).</p></content></level></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-69-9-a"><num>(a)</num><content><p><mod>for the heading substitute <quotedText>“Other provision about pension interests”</quotedText>;</mod></p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" class="para1" eId="section-69-9-b"><num>(b)</num><content><p><mod>for subsections (2) and (3) substitute—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><subsection><num>(3)</num><content><p>Sections 49 to 53 (holder of interest in possession treated as directly entitled to property in which interest subsists etc) do not apply in relation to an interest in possession in property where the property is held for the purposes of a registered pension scheme, a qualifying non-UK pension scheme or a section 615(3) scheme.</p></content></subsection></quotedStructure><inline name="appendText">;</inline></mod></p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-69-9-c"><num>(c)</num><content><p>omit subsection (4).</p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-69-10"><num>(10)</num><content><p>Omit section 152 (cash options).</p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="section-69-11"><num>(11)</num><content><p><mod>After section 218A insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><section><num>218B</num><heading>Pensions: information powers</heading><subsection><num>(1)</num><content><p>The powers conferred on the Board by section 251 of the Finance Act 2004 (powers relating to the provision and preservation of information in connection with pensions) are exercisable for the purposes of this Act.</p></content></subsection><subsection><num>(2)</num><content><p>Subsection (1) is without prejudice to the generality of that section of that Act.</p></content></subsection></section></quotedStructure></mod></p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="section-69-12"><num>(12)</num><intro><p>In section 272 (general interpretation), in subsection (1)—</p></intro><level class="para1" eId="section-69-12-a"><num>(a)</num><content><p><mod>in the definition of “member”, after “scheme,” insert <quotedText>“a qualifying non-UK pension scheme or a section 615(3) scheme,”</quotedText>;</mod></p></content></level><level class="para1" eId="section-69-12-b"><num>(b)</num><content><p><mod>at the appropriate places insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><hcontainer name="definition"><content><p>“<term refersTo="#term-excluded-benefit">excluded benefit</term>”, in relation to a pension scheme, has the meaning given by section <ref href="#d28e13639">150A</ref><ref href="#d28e13763">(6)</ref>;</p></content></hcontainer></quotedStructure><inline name="appendText">;</inline></mod></p><p><mod><quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><hcontainer name="definition"><content><p>“<term refersTo="#term-exempt-benefit">exempt benefit</term>”, in relation to a pension scheme and a deceased member of the scheme, has the meaning given by section 210<ref href="#d28e14057">(7)</ref>;</p></content></hcontainer></quotedStructure><inline name="appendText">;</inline></mod></p><p><mod><quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><hcontainer name="definition"><content><p>“<term refersTo="#term-notional-pension-property">notional pension property</term>”, in relation to a member of a pension scheme and a pension scheme, means property to which the member is treated under section <ref href="#d28e13639">150A</ref><ref href="#d28e13643">(1)</ref> (certain pension property treated as part of estate) as having been beneficially entitled immediately before their death by reference to the arrangements under the scheme;</p></content></hcontainer></quotedStructure><inline name="appendText">;</inline></mod></p><p><mod><quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><hcontainer name="definition"><content><p>“<term refersTo="#term-qualifying-non-uk-pension-scheme">qualifying non-UK pension scheme</term>” has the meaning given in section 271A;</p></content></hcontainer></quotedStructure><inline name="appendText">;</inline></mod></p><p><mod><quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><hcontainer name="definition"><content><p>“<term refersTo="#term-the-scheme-administrator">the scheme administrator</term>”, in relation to a registered pension scheme, has the meaning given in section 270 of the Finance Act 2004;</p></content></hcontainer></quotedStructure><inline name="appendText">.</inline></mod></p></content></level></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-69-12-a"><num>(a)</num><content><p><mod>in the definition of “member”, after “scheme,” insert <quotedText>“a qualifying non-UK pension scheme or a section 615(3) scheme,”</quotedText>;</mod></p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" class="para1" eId="section-69-12-b"><num>(b)</num><content><p><mod>at the appropriate places insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><hcontainer name="definition"><content><p>“<term refersTo="#term-excluded-benefit">excluded benefit</term>”, in relation to a pension scheme, has the meaning given by section <ref href="#d28e13639">150A</ref><ref href="#d28e13763">(6)</ref>;</p></content></hcontainer></quotedStructure><inline name="appendText">;</inline></mod></p><p><mod><quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><hcontainer name="definition"><content><p>“<term refersTo="#term-exempt-benefit">exempt benefit</term>”, in relation to a pension scheme and a deceased member of the scheme, has the meaning given by section 210<ref href="#d28e14057">(7)</ref>;</p></content></hcontainer></quotedStructure><inline name="appendText">;</inline></mod></p><p><mod><quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><hcontainer name="definition"><content><p>“<term refersTo="#term-notional-pension-property">notional pension property</term>”, in relation to a member of a pension scheme and a pension scheme, means property to which the member is treated under section <ref href="#d28e13639">150A</ref><ref href="#d28e13643">(1)</ref> (certain pension property treated as part of estate) as having been beneficially entitled immediately before their death by reference to the arrangements under the scheme;</p></content></hcontainer></quotedStructure><inline name="appendText">;</inline></mod></p><p><mod><quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><hcontainer name="definition"><content><p>“<term refersTo="#term-qualifying-non-uk-pension-scheme">qualifying non-UK pension scheme</term>” has the meaning given in section 271A;</p></content></hcontainer></quotedStructure><inline name="appendText">;</inline></mod></p><p><mod><quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><hcontainer name="definition"><content><p>“<term refersTo="#term-the-scheme-administrator">the scheme administrator</term>”, in relation to a registered pension scheme, has the meaning given in section 270 of the Finance Act 2004;</p></content></hcontainer></quotedStructure><inline name="appendText">.</inline></mod></p></content></level>
<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" xmlns:default="http://www.w3.org/1998/Math/MathML" eId="section-70"><num>70</num><heading>Connected amendments to income tax rules</heading><subsection eId="section-70-1"><num>(1)</num><content><p>ITEPA 2003 is amended in accordance with <span><ref href="#section-70-2">subsections (2)</ref> to <ref href="#section-70-6">(6)</ref></span>.</p></content></subsection><subsection eId="section-70-2"><num>(2)</num><content><p><mod>In section 567 (amount charged to tax), in subsection (5), at the appropriate place insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><blockList class="unordered none" ukl:Name="UnorderedList" ukl:Decoration="none"><item><p>section <ref href="#d28e15003">567B</ref> (deduction where inheritance tax is paid in respect of pension death benefit);</p></item></blockList></quotedStructure><inline name="appendText">.</inline></mod></p></content></subsection><subsection eId="section-70-3"><num>(3)</num><content><p><mod>After section 567A insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><section eId="d28e15003"><num>567B</num><heading>Cases where inheritance tax is paid in respect of pension death benefit</heading><subsection eId="d28e15007"><num>(1)</num><intro><p>This section applies if—</p></intro><level class="para1"><num>(a)</num><content><p>there is an amount of taxable pension income (“amount TPI”) for a tax year for a pension, annuity or other item of pension income,</p></content></level><level class="para1"><num>(b)</num><content><p>amount TPI reflects (to any extent) the payment to a person (“<term refersTo="#term-the-beneficiary">the beneficiary</term>”) of a benefit under a pension scheme on the death of a member of the scheme (“<term refersTo="#term-the-deceased">the deceased</term>”),</p></content></level><level class="para1"><num>(c)</num><content><p>the benefit is not an excluded benefit, and</p></content></level><level class="para1" eId="d28e15037"><num>(d)</num><intro><p>at any time (whether before or after the benefit is paid)—</p></intro><level class="para2"><num>(i)</num><content><p>the beneficiary pays an amount of inheritance tax that is attributable to the value of the deceased’s notional pension property,</p></content></level><level class="para2"><num>(ii)</num><content><p>the deceased’s personal representatives pay an amount of inheritance tax that is so attributable and pass on the burden of that payment to the beneficiary, or</p></content></level><level class="para2"><num>(iii)</num><content><p>the scheme administrator pays (under section 226B of IHTA 1984) an amount of inheritance tax that is so attributable, and the payment meets the condition in <ref href="#d28e15064">subsection (2)</ref>.</p></content></level></level></subsection><subsection eId="d28e15064"><num>(2)</num><intro><p>A payment of an amount of inheritance tax meets the condition in this subsection if (and so far as)—</p></intro><level class="para1"><num>(a)</num><content><p>in consequence of the payment, the scheme administrator makes an adjustment (under section 226B(5) of IHTA 1984) as a result of which the beneficiary’s entitlement to a benefit other than that mentioned in subsection (1) (“the other benefit”) is reduced, and</p></content></level><level class="para1"><num>(b)</num><content><p>disregarding that reduction, the other benefit would not give rise to taxable pension income for any tax year.</p></content></level></subsection><subsection eId="d28e15082"><num>(3)</num><intro><p>A deduction is allowed from amount TPI equal to the lesser of—</p></intro><level class="para1"><num>(a)</num><content><p>the amount of inheritance tax paid as mentioned in subsection (1)(d)(i) or (ii), less so much (if any) of that inheritance tax as has been deducted under this subsection in an earlier tax year, and</p></content></level><level class="para1"><num>(b)</num><content><p>so much of amount TPI as reflects the payment to the beneficiary of the benefit mentioned in subsection (1).</p></content></level></subsection><subsection eId="d28e15100"><num>(4)</num><intro><p>Where the deceased was under 75 on death, and the benefit mentioned in subsection (1) is a relevant lump sum death benefit, a deduction is allowed from amount TPI equal to the lesser of—</p></intro><level class="para1"><num>(a)</num><content><p>the amount of inheritance tax paid as mentioned in subsection (1)(d)(iii) so far as it meets the condition in <ref href="#d28e15064">subsection (2)</ref>, less so much (if any) of that inheritance tax as has been deducted under this subsection in an earlier tax year, and</p></content></level><level class="para1"><num>(b)</num><content><p>so much of amount TPI as reflects the payment to the beneficiary of the benefit mentioned in subsection (1).</p></content></level></subsection><subsection><num>(5)</num><content><p>Where a deduction is allowed under both of <ref href="#d28e15082">subsections (3)</ref> and <ref href="#d28e15100">(4)</ref>, the deduction under subsection <ref href="#d28e15100">(4)</ref> is to be made first.</p></content></subsection><subsection><num>(6)</num><intro><p>For the purposes of <ref href="#d28e15007">subsection (1)</ref><ref href="#d28e15037">(d)</ref> the deceased’s personal representatives “pass on the burden” of a payment of inheritance tax to the beneficiary if—</p></intro><level class="para1"><num>(a)</num><content><p>the personal representatives pay a sum to the beneficiary out of the deceased’s estate that has been reduced by the amount of inheritance tax, or</p></content></level><level class="para1"><num>(b)</num><content><p>the beneficiary reimburses the personal representatives that amount.</p></content></level></subsection><subsection><num>(7)</num><intro><p>In this section—</p></intro><hcontainer name="definition"><content><p>“<term refersTo="#term-ihta-1984">IHTA 1984</term>” means the Inheritance Tax Act 1984;</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-inheritance-tax">inheritance tax</term>” includes interest on inheritance tax;</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-excluded-benefit">excluded benefit</term>” has the same meaning as in IHTA 1984;</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-notional-pension-property">notional pension property</term>” has the same meaning as in IHTA 1984;</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-relevant-lump-sum-death-benefit">relevant lump sum death benefit</term>” has the same meaning as in section 637S.</p></content></hcontainer></subsection></section></quotedStructure></mod></p></content></subsection><subsection eId="section-70-4"><num>(4)</num><content><p><mod>After section 579CA insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><section eId="d28e15211"><num>579CB</num><heading>Refund of overpaid inheritance tax treated as pension</heading><subsection><num>(1)</num><intro><p>This section applies if—</p></intro><level class="para1"><num>(a)</num><content><p>an amount of inheritance tax that is attributable to the value of notional pension property of a deceased member of a registered pension scheme is paid,</p></content></level><level class="para1"><num>(b)</num><intro><p>some or all of the inheritance tax paid—</p></intro><level class="para2"><num>(i)</num><content><p>is repaid under section 241(1) of that Act to a person, other than a non-qualifying person, who is entitled to receive benefits under the scheme on the deceased’s death (a “beneficiary”), or</p></content></level><level class="para2"><num>(ii)</num><content><p>is repaid under that section to the deceased’s personal representatives and passed on by the personal representatives to a beneficiary,</p></content></level></level><level class="para1"><num>(c)</num><content><p>in a case in which the payment of inheritance tax mentioned in paragraph (a) was made by the beneficiary or by the deceased’s personal representatives, a deduction is allowed under section 567B in respect of the payment, and</p></content></level><level class="para1"><num>(d)</num><content><p>the deceased was aged 75 or over at the date of their death.</p></content></level></subsection><subsection><num>(2)</num><content><p>The relevant amount is treated for the purposes of this Part as though it were a pension paid under the registered pension scheme (and is treated as accruing in the tax year in which it is paid).</p></content></subsection><subsection><num>(3)</num><intro><p>In subsection (2) “<term refersTo="#term-the-relevant-amount">the relevant amount</term>” means—</p></intro><level class="para1"><num>(a)</num><content><p>in a case in which the payment of inheritance tax mentioned in subsection (1)(a) is made by the scheme administrator, the amount of the payment made to the beneficiary mentioned in subsection (1)(b)(i) or (ii);</p></content></level><level class="para1"><num>(b)</num><intro><p>in a case in which the payment of inheritance tax mentioned in subsection (1)(a) is made by a beneficiary or by the deceased’s personal representatives, the lesser of—</p></intro><level class="para2"><num>(i)</num><content><p>the amount of the payment made to the beneficiary mentioned in subsection (1)(b)(i) or (ii), and</p></content></level><level class="para2"><num>(ii)</num><content><p>the deduction allowed under section 567B in respect of the payment of inheritance tax mentioned in subsection (1)(a).</p></content></level></level></subsection><subsection><num>(4)</num><intro><p>In this section—</p></intro><hcontainer name="definition"><content><p>“<term refersTo="#term-inheritance-tax">inheritance tax</term>” includes interest on inheritance tax;</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-non-qualifying-person">non-qualifying person</term>” has the same meaning as in section 206 of FA 2004 (special lump sum death benefit charge).</p></content></hcontainer></subsection></section></quotedStructure></mod></p></content></subsection><subsection eId="section-70-5"><num>(5)</num><content><p><mod>In section 637T (availability of individual’s lump sum and death benefit allowance where multiple lump sum death benefits paid), after subsection (4) insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><subsection><num>(5)</num><content><p>Where any inheritance tax is attributable to the value of the individual’s notional pension property, references in subsection (4) to the amount of a lump sum death benefit are to its IHT-adjusted amount.</p></content></subsection><subsection><num>(6)</num><content><p>The “IHT-adjusted amount” of a lump sum death benefit paid to a person under a registered pension scheme is (subject to <ref href="#d28e15384">subsection (7)</ref>) the amount determined as follows —</p><blockList class="unordered none" ukl:Name="UnorderedList" ukl:Decoration="none"><item><p><i>Step 1</i></p><p>Take the amount of the lump sum death benefit paid to the person.</p></item><item><p><i>Step 2</i></p><p>Add the amount (if any) by which the person’s entitlement to the lump sum death benefit was reduced in consequence of an adjustment under section 226B(5) of IHTA 1984.</p></item><item><p><i>Step 3</i></p><p>Deduct the amount (if any) of inheritance tax—</p><blockList class="ordered alpha parens" ukl:Name="OrderedList" ukl:Type="alpha" ukl:Decoration="parens"><item><num>(a)</num><p>that is attributable to the value of the individual’s notional pension property in relation to the scheme, and</p></item><item><num>(b)</num><p>for which the person—</p><blockList class="ordered roman parens" ukl:Name="OrderedList" ukl:Type="roman" ukl:Decoration="parens"><item><num>(i)</num><p>is, or at any time was, liable under section 200(1)(c) of IHTA 1984, or</p></item><item><num>(ii)</num><p>would at any time have been liable under that provision if the tax had not previously been paid by another person.</p></item></blockList></item></blockList><p>If the result is a negative amount, the IHT-adjusted amount of the lump sum death benefit is nil.</p></item></blockList></content></subsection><subsection eId="d28e15384"><num>(7)</num><content><p>Where more than one lump sum death benefit is paid to the person under the scheme, the amount to be deducted under Step 3 is the following proportion of the amount of inheritance tax identified in that Step—</p><tblock class="formula"><foreign><default:math xmlns="http://www.w3.org/1998/Math/MathML" alttext="C over D" altimg="http://www.legislation.gov.uk/ukpga/2026/11/images/ukpga_20260011_en_001"><default:mi>C</default:mi><default:mo>/</default:mo><default:mi>D</default:mi></default:math></foreign><blockContainer class="where"><p>where—</p><tblock class="definition"><p>“<term refersTo="#term-c">C</term>” is the amount resulting from Step 2;</p></tblock><tblock class="definition"><p>“<term refersTo="#term-d">D</term>” is the aggregate of the amounts resulting from Step 2 in respect of each lump sum death benefit paid to the person under the scheme.</p></tblock></blockContainer></tblock></content></subsection><subsection><num>(8)</num><intro><p>In this section—</p></intro><level class="para1"><num>(a)</num><content><p>“<term refersTo="#term-ihta-1984">IHTA 1984</term>” means the Inheritance Tax Act 1984;</p></content></level><level class="para1"><num>(b)</num><content><p>“<term refersTo="#term-notional-pension-property">notional pension property</term>” has the same meaning as in IHTA 1984.</p></content></level></subsection></quotedStructure></mod></p></content></subsection><subsection eId="section-70-6"><num>(6)</num><content><p><mod>In section 683 (PAYE income), in subsection (3B), at the end insert <quotedText>“or section <ref href="#d28e15211">579CB</ref> (inheritance tax overpaid by scheme administrator: refund treated as pension)”</quotedText>.</mod></p></content></subsection><subsection eId="section-70-7"><num>(7)</num><content><p>FA 2004 is amended in accordance with <ref href="#section-70-8">subsections (8)</ref> to <ref href="#section-70-10">(10)</ref>.</p></content></subsection><subsection eId="section-70-8"><num>(8)</num><content><p><mod>In section 164 (authorised member payments), in subsection (1), after paragraph (e) (but before the “and” that follows it) insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><level class="para1"><num>(ea)</num><content><p>payments of inheritance tax under section <ref href="#d28e14353">226B</ref> of the Inheritance Tax Act 1984 (direct payment of tax by scheme administrator),</p></content></level></quotedStructure><inline name="appendText">.</inline></mod></p></content></subsection><subsection eId="section-70-9"><num>(9)</num><content><p><mod>After section 206 insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><section><num>206A</num><heading>Partial repayment of section 206 charge where IHT paid by recipient of benefit</heading><subsection eId="d28e15497"><num>(1)</num><intro><p>This section applies where—</p></intro><level class="para1"><num>(a)</num><content><p>a registered pension scheme pays a lump sum death benefit in respect of a deceased member to a non-qualifying person,</p></content></level><level class="para1"><num>(b)</num><content><p>a liability to the lump sum death benefits charge arises in respect of the lump sum death benefit,</p></content></level><level class="para1" eId="d28e15515"><num>(c)</num><intro><p>at any time (whether before or after the payment of the lump sum death benefit)—</p></intro><level class="para2"><num>(i)</num><content><p>the non-qualifying person pays an amount of inheritance tax that is attributable to the value of the deceased’s notional pension property, or</p></content></level><level class="para2"><num>(ii)</num><content><p>the deceased’s personal representatives pay an amount of inheritance tax that is so attributable and pass on the burden of that payment to the non-qualifying person, and</p></content></level></level><level class="para1"><num>(d)</num><content><p>the non-qualifying person makes an application under this section for a reduction in the lump sum death benefits charge.</p></content></level></subsection><subsection eId="d28e15539"><num>(2)</num><content><p>Section 206 applies in relation to the lump sum death benefit as if the amount of the benefit that was paid to the non-qualifying person were the amount in fact paid, reduced by the amount of inheritance tax paid as mentioned in <ref href="#d28e15497">subsection (1)</ref><ref href="#d28e15515">(c)</ref>.</p></content></subsection><subsection><num>(3)</num><content><p>If and to the extent that the amount of the lump sum death benefits charge paid in respect of the lump sum death benefit exceeds the amount of the liability (as recalculated as a result of <ref href="#d28e15539">subsection (2)</ref>), the excess must be repaid to the non-qualifying person (and may not be repaid to the scheme administrator).</p></content></subsection><subsection><num>(4)</num><content><p>An application under this section is of no effect unless it complies with such requirements as to timing, form and content as may be prescribed by the Commissioners.</p></content></subsection><subsection><num>(5)</num><intro><p>For the purposes of <ref href="#d28e15497">subsection (1)</ref><ref href="#d28e15515">(c)</ref> the deceased’s personal representatives “pass on the burden” of a payment of inheritance tax to the non-qualifying person if—</p></intro><level class="para1"><num>(a)</num><content><p>the personal representatives pay a sum to the non-qualifying person out of the deceased’s estate that has been reduced by the amount of inheritance tax, or</p></content></level><level class="para1"><num>(b)</num><content><p>the non-qualifying person reimburses the personal representatives that amount.</p></content></level></subsection><subsection><num>(6)</num><intro><p>In this section—</p></intro><hcontainer name="definition"><content><p>“<term refersTo="#term-the-commissioners">the Commissioners</term>” means the Commissioners for His Majesty’s Revenue and Customs;</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-inheritance-tax">inheritance tax</term>” includes interest on inheritance tax;</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-non-qualifying-person">non-qualifying person</term>” has the same meaning as in section 206.</p></content></hcontainer></subsection></section><section><num>206B</num><heading>Supplementary charge on refund of overpaid IHT</heading><subsection eId="d28e15623"><num>(1)</num><intro><p>This section applies where—</p></intro><level class="para1"><num>(a)</num><content><p>a registered pension scheme pays a lump sum death benefit in respect of a deceased member to a non-qualifying person,</p></content></level><level class="para1"><num>(b)</num><content><p>a liability to the lump sum death benefits charge arises in respect of the lump sum death benefit,</p></content></level><level class="para1" eId="d28e15641"><num>(c)</num><content><p>an amount of inheritance tax that is attributable to the value of notional pension property of the deceased member is paid,</p></content></level><level class="para1" eId="d28e15647"><num>(d)</num><intro><p>some or all of the inheritance tax paid as mentioned in <ref href="#d28e15641">paragraph (c)</ref> is subsequently—</p></intro><level class="para2" eId="d28e15656"><num>(i)</num><content><p>repaid under section 241(1) of that Act to the non-qualifying person, or</p></content></level><level class="para2" eId="d28e15662"><num>(ii)</num><content><p>repaid under that section to the deceased’s personal representatives and passed on by the personal representatives to the non-qualifying person, and</p></content></level></level><level class="para1"><num>(e)</num><content><p>in a case in which the payment mentioned in <ref href="#d28e15641">paragraph (c)</ref> was made by the non-qualifying person or by the deceased’s personal representatives, the non-qualifying person has made an application under section 206A in relation to the lump sum death benefit.</p></content></level></subsection><subsection eId="d28e15677"><num>(2)</num><content><p>A charge to income tax arises in respect of the relevant amount.</p></content></subsection><subsection><num>(3)</num><intro><p>In <ref href="#d28e15677">subsection (2)</ref> “<term refersTo="#term-the-relevant-amount">the relevant amount</term>” means—</p></intro><level class="para1"><num>(a)</num><content><p>in a case in which the payment of inheritance tax mentioned in <ref href="#d28e15623">subsection (1)</ref><ref href="#d28e15641">(c)</ref> is made by the scheme administrator, the amount of the payment made to the non-qualifying person mentioned in <ref href="#d28e15623">subsection (1)</ref><ref href="#d28e15647">(d)</ref><ref href="#d28e15656">(i)</ref> or <ref href="#d28e15662">(ii)</ref>;</p></content></level><level class="para1"><num>(b)</num><intro><p>in a case in which the payment of inheritance tax mentioned in <ref href="#d28e15623">subsection (1)</ref><ref href="#d28e15641">(c)</ref> is made by the non-qualifying person, or by the deceased’s personal representatives, the lesser of—</p></intro><level class="para2"><num>(i)</num><content><p>the amount of the payment made to the non-qualifying person mentioned in <ref href="#d28e15623">subsection (1)</ref><ref href="#d28e15647">(d)</ref><ref href="#d28e15656">(i)</ref> or <ref href="#d28e15662">(ii)</ref>, and</p></content></level><level class="para2"><num>(ii)</num><content><p>the repayment made under section 206A to the non-qualifying person in relation to the lump sum death benefit.</p></content></level></level></subsection><subsection><num>(4)</num><content><p>The person liable to the charge is the non-qualifying person.</p></content></subsection><subsection><num>(5)</num><content><p>The rate of the charge is the same as the rate of the special lump sum death benefits charge (see section 206(4)).</p></content></subsection><subsection><num>(6)</num><intro><p>In this section—</p></intro><hcontainer name="definition"><content><p>“<term refersTo="#term-inheritance-tax">inheritance tax</term>” includes interest on inheritance tax;</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-non-qualifying-person">non-qualifying person</term>” has the same meaning as in section 206.</p></content></hcontainer></subsection></section></quotedStructure></mod></p></content></subsection><subsection eId="section-70-10"><num>(10)</num><content><p><mod>In section 274A (power to split pension schemes), at the end insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><subsection><num>(5)</num><content><p>Sections <ref href="#d28e14185">226A</ref> and <ref href="#d28e14353">226B</ref> of the Inheritance Tax Act 1984 (withholding of benefits and payment of inheritance tax by scheme administrator) are treated for the purposes of this section as provision made by this Part.</p></content></subsection></quotedStructure></mod></p></content></subsection></section>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-70-1"><num>(1)</num><content><p>ITEPA 2003 is amended in accordance with <span><ref href="#section-70-2">subsections (2)</ref> to <ref href="#section-70-6">(6)</ref></span>.</p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="section-70-2"><num>(2)</num><content><p><mod>In section 567 (amount charged to tax), in subsection (5), at the appropriate place insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><blockList class="unordered none" ukl:Name="UnorderedList" ukl:Decoration="none"><item><p>section <ref href="#d28e15003">567B</ref> (deduction where inheritance tax is paid in respect of pension death benefit);</p></item></blockList></quotedStructure><inline name="appendText">.</inline></mod></p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="section-70-3"><num>(3)</num><content><p><mod>After section 567A insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><section eId="d28e15003"><num>567B</num><heading>Cases where inheritance tax is paid in respect of pension death benefit</heading><subsection eId="d28e15007"><num>(1)</num><intro><p>This section applies if—</p></intro><level class="para1"><num>(a)</num><content><p>there is an amount of taxable pension income (“amount TPI”) for a tax year for a pension, annuity or other item of pension income,</p></content></level><level class="para1"><num>(b)</num><content><p>amount TPI reflects (to any extent) the payment to a person (“<term refersTo="#term-the-beneficiary">the beneficiary</term>”) of a benefit under a pension scheme on the death of a member of the scheme (“<term refersTo="#term-the-deceased">the deceased</term>”),</p></content></level><level class="para1"><num>(c)</num><content><p>the benefit is not an excluded benefit, and</p></content></level><level class="para1" eId="d28e15037"><num>(d)</num><intro><p>at any time (whether before or after the benefit is paid)—</p></intro><level class="para2"><num>(i)</num><content><p>the beneficiary pays an amount of inheritance tax that is attributable to the value of the deceased’s notional pension property,</p></content></level><level class="para2"><num>(ii)</num><content><p>the deceased’s personal representatives pay an amount of inheritance tax that is so attributable and pass on the burden of that payment to the beneficiary, or</p></content></level><level class="para2"><num>(iii)</num><content><p>the scheme administrator pays (under section 226B of IHTA 1984) an amount of inheritance tax that is so attributable, and the payment meets the condition in <ref href="#d28e15064">subsection (2)</ref>.</p></content></level></level></subsection><subsection eId="d28e15064"><num>(2)</num><intro><p>A payment of an amount of inheritance tax meets the condition in this subsection if (and so far as)—</p></intro><level class="para1"><num>(a)</num><content><p>in consequence of the payment, the scheme administrator makes an adjustment (under section 226B(5) of IHTA 1984) as a result of which the beneficiary’s entitlement to a benefit other than that mentioned in subsection (1) (“the other benefit”) is reduced, and</p></content></level><level class="para1"><num>(b)</num><content><p>disregarding that reduction, the other benefit would not give rise to taxable pension income for any tax year.</p></content></level></subsection><subsection eId="d28e15082"><num>(3)</num><intro><p>A deduction is allowed from amount TPI equal to the lesser of—</p></intro><level class="para1"><num>(a)</num><content><p>the amount of inheritance tax paid as mentioned in subsection (1)(d)(i) or (ii), less so much (if any) of that inheritance tax as has been deducted under this subsection in an earlier tax year, and</p></content></level><level class="para1"><num>(b)</num><content><p>so much of amount TPI as reflects the payment to the beneficiary of the benefit mentioned in subsection (1).</p></content></level></subsection><subsection eId="d28e15100"><num>(4)</num><intro><p>Where the deceased was under 75 on death, and the benefit mentioned in subsection (1) is a relevant lump sum death benefit, a deduction is allowed from amount TPI equal to the lesser of—</p></intro><level class="para1"><num>(a)</num><content><p>the amount of inheritance tax paid as mentioned in subsection (1)(d)(iii) so far as it meets the condition in <ref href="#d28e15064">subsection (2)</ref>, less so much (if any) of that inheritance tax as has been deducted under this subsection in an earlier tax year, and</p></content></level><level class="para1"><num>(b)</num><content><p>so much of amount TPI as reflects the payment to the beneficiary of the benefit mentioned in subsection (1).</p></content></level></subsection><subsection><num>(5)</num><content><p>Where a deduction is allowed under both of <ref href="#d28e15082">subsections (3)</ref> and <ref href="#d28e15100">(4)</ref>, the deduction under subsection <ref href="#d28e15100">(4)</ref> is to be made first.</p></content></subsection><subsection><num>(6)</num><intro><p>For the purposes of <ref href="#d28e15007">subsection (1)</ref><ref href="#d28e15037">(d)</ref> the deceased’s personal representatives “pass on the burden” of a payment of inheritance tax to the beneficiary if—</p></intro><level class="para1"><num>(a)</num><content><p>the personal representatives pay a sum to the beneficiary out of the deceased’s estate that has been reduced by the amount of inheritance tax, or</p></content></level><level class="para1"><num>(b)</num><content><p>the beneficiary reimburses the personal representatives that amount.</p></content></level></subsection><subsection><num>(7)</num><intro><p>In this section—</p></intro><hcontainer name="definition"><content><p>“<term refersTo="#term-ihta-1984">IHTA 1984</term>” means the Inheritance Tax Act 1984;</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-inheritance-tax">inheritance tax</term>” includes interest on inheritance tax;</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-excluded-benefit">excluded benefit</term>” has the same meaning as in IHTA 1984;</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-notional-pension-property">notional pension property</term>” has the same meaning as in IHTA 1984;</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-relevant-lump-sum-death-benefit">relevant lump sum death benefit</term>” has the same meaning as in section 637S.</p></content></hcontainer></subsection></section></quotedStructure></mod></p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="section-70-4"><num>(4)</num><content><p><mod>After section 579CA insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><section eId="d28e15211"><num>579CB</num><heading>Refund of overpaid inheritance tax treated as pension</heading><subsection><num>(1)</num><intro><p>This section applies if—</p></intro><level class="para1"><num>(a)</num><content><p>an amount of inheritance tax that is attributable to the value of notional pension property of a deceased member of a registered pension scheme is paid,</p></content></level><level class="para1"><num>(b)</num><intro><p>some or all of the inheritance tax paid—</p></intro><level class="para2"><num>(i)</num><content><p>is repaid under section 241(1) of that Act to a person, other than a non-qualifying person, who is entitled to receive benefits under the scheme on the deceased’s death (a “beneficiary”), or</p></content></level><level class="para2"><num>(ii)</num><content><p>is repaid under that section to the deceased’s personal representatives and passed on by the personal representatives to a beneficiary,</p></content></level></level><level class="para1"><num>(c)</num><content><p>in a case in which the payment of inheritance tax mentioned in paragraph (a) was made by the beneficiary or by the deceased’s personal representatives, a deduction is allowed under section 567B in respect of the payment, and</p></content></level><level class="para1"><num>(d)</num><content><p>the deceased was aged 75 or over at the date of their death.</p></content></level></subsection><subsection><num>(2)</num><content><p>The relevant amount is treated for the purposes of this Part as though it were a pension paid under the registered pension scheme (and is treated as accruing in the tax year in which it is paid).</p></content></subsection><subsection><num>(3)</num><intro><p>In subsection (2) “<term refersTo="#term-the-relevant-amount">the relevant amount</term>” means—</p></intro><level class="para1"><num>(a)</num><content><p>in a case in which the payment of inheritance tax mentioned in subsection (1)(a) is made by the scheme administrator, the amount of the payment made to the beneficiary mentioned in subsection (1)(b)(i) or (ii);</p></content></level><level class="para1"><num>(b)</num><intro><p>in a case in which the payment of inheritance tax mentioned in subsection (1)(a) is made by a beneficiary or by the deceased’s personal representatives, the lesser of—</p></intro><level class="para2"><num>(i)</num><content><p>the amount of the payment made to the beneficiary mentioned in subsection (1)(b)(i) or (ii), and</p></content></level><level class="para2"><num>(ii)</num><content><p>the deduction allowed under section 567B in respect of the payment of inheritance tax mentioned in subsection (1)(a).</p></content></level></level></subsection><subsection><num>(4)</num><intro><p>In this section—</p></intro><hcontainer name="definition"><content><p>“<term refersTo="#term-inheritance-tax">inheritance tax</term>” includes interest on inheritance tax;</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-non-qualifying-person">non-qualifying person</term>” has the same meaning as in section 206 of FA 2004 (special lump sum death benefit charge).</p></content></hcontainer></subsection></section></quotedStructure></mod></p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" xmlns:default="http://www.w3.org/1998/Math/MathML" eId="section-70-5"><num>(5)</num><content><p><mod>In section 637T (availability of individual’s lump sum and death benefit allowance where multiple lump sum death benefits paid), after subsection (4) insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><subsection><num>(5)</num><content><p>Where any inheritance tax is attributable to the value of the individual’s notional pension property, references in subsection (4) to the amount of a lump sum death benefit are to its IHT-adjusted amount.</p></content></subsection><subsection><num>(6)</num><content><p>The “IHT-adjusted amount” of a lump sum death benefit paid to a person under a registered pension scheme is (subject to <ref href="#d28e15384">subsection (7)</ref>) the amount determined as follows —</p><blockList class="unordered none" ukl:Name="UnorderedList" ukl:Decoration="none"><item><p><i>Step 1</i></p><p>Take the amount of the lump sum death benefit paid to the person.</p></item><item><p><i>Step 2</i></p><p>Add the amount (if any) by which the person’s entitlement to the lump sum death benefit was reduced in consequence of an adjustment under section 226B(5) of IHTA 1984.</p></item><item><p><i>Step 3</i></p><p>Deduct the amount (if any) of inheritance tax—</p><blockList class="ordered alpha parens" ukl:Name="OrderedList" ukl:Type="alpha" ukl:Decoration="parens"><item><num>(a)</num><p>that is attributable to the value of the individual’s notional pension property in relation to the scheme, and</p></item><item><num>(b)</num><p>for which the person—</p><blockList class="ordered roman parens" ukl:Name="OrderedList" ukl:Type="roman" ukl:Decoration="parens"><item><num>(i)</num><p>is, or at any time was, liable under section 200(1)(c) of IHTA 1984, or</p></item><item><num>(ii)</num><p>would at any time have been liable under that provision if the tax had not previously been paid by another person.</p></item></blockList></item></blockList><p>If the result is a negative amount, the IHT-adjusted amount of the lump sum death benefit is nil.</p></item></blockList></content></subsection><subsection eId="d28e15384"><num>(7)</num><content><p>Where more than one lump sum death benefit is paid to the person under the scheme, the amount to be deducted under Step 3 is the following proportion of the amount of inheritance tax identified in that Step—</p><tblock class="formula"><foreign><default:math xmlns="http://www.w3.org/1998/Math/MathML" alttext="C over D" altimg="http://www.legislation.gov.uk/ukpga/2026/11/images/ukpga_20260011_en_001"><default:mi>C</default:mi><default:mo>/</default:mo><default:mi>D</default:mi></default:math></foreign><blockContainer class="where"><p>where—</p><tblock class="definition"><p>“<term refersTo="#term-c">C</term>” is the amount resulting from Step 2;</p></tblock><tblock class="definition"><p>“<term refersTo="#term-d">D</term>” is the aggregate of the amounts resulting from Step 2 in respect of each lump sum death benefit paid to the person under the scheme.</p></tblock></blockContainer></tblock></content></subsection><subsection><num>(8)</num><intro><p>In this section—</p></intro><level class="para1"><num>(a)</num><content><p>“<term refersTo="#term-ihta-1984">IHTA 1984</term>” means the Inheritance Tax Act 1984;</p></content></level><level class="para1"><num>(b)</num><content><p>“<term refersTo="#term-notional-pension-property">notional pension property</term>” has the same meaning as in IHTA 1984.</p></content></level></subsection></quotedStructure></mod></p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-70-6"><num>(6)</num><content><p><mod>In section 683 (PAYE income), in subsection (3B), at the end insert <quotedText>“or section <ref href="#d28e15211">579CB</ref> (inheritance tax overpaid by scheme administrator: refund treated as pension)”</quotedText>.</mod></p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-70-7"><num>(7)</num><content><p>FA 2004 is amended in accordance with <ref href="#section-70-8">subsections (8)</ref> to <ref href="#section-70-10">(10)</ref>.</p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="section-70-8"><num>(8)</num><content><p><mod>In section 164 (authorised member payments), in subsection (1), after paragraph (e) (but before the “and” that follows it) insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><level class="para1"><num>(ea)</num><content><p>payments of inheritance tax under section <ref href="#d28e14353">226B</ref> of the Inheritance Tax Act 1984 (direct payment of tax by scheme administrator),</p></content></level></quotedStructure><inline name="appendText">.</inline></mod></p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="section-70-9"><num>(9)</num><content><p><mod>After section 206 insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><section><num>206A</num><heading>Partial repayment of section 206 charge where IHT paid by recipient of benefit</heading><subsection eId="d28e15497"><num>(1)</num><intro><p>This section applies where—</p></intro><level class="para1"><num>(a)</num><content><p>a registered pension scheme pays a lump sum death benefit in respect of a deceased member to a non-qualifying person,</p></content></level><level class="para1"><num>(b)</num><content><p>a liability to the lump sum death benefits charge arises in respect of the lump sum death benefit,</p></content></level><level class="para1" eId="d28e15515"><num>(c)</num><intro><p>at any time (whether before or after the payment of the lump sum death benefit)—</p></intro><level class="para2"><num>(i)</num><content><p>the non-qualifying person pays an amount of inheritance tax that is attributable to the value of the deceased’s notional pension property, or</p></content></level><level class="para2"><num>(ii)</num><content><p>the deceased’s personal representatives pay an amount of inheritance tax that is so attributable and pass on the burden of that payment to the non-qualifying person, and</p></content></level></level><level class="para1"><num>(d)</num><content><p>the non-qualifying person makes an application under this section for a reduction in the lump sum death benefits charge.</p></content></level></subsection><subsection eId="d28e15539"><num>(2)</num><content><p>Section 206 applies in relation to the lump sum death benefit as if the amount of the benefit that was paid to the non-qualifying person were the amount in fact paid, reduced by the amount of inheritance tax paid as mentioned in <ref href="#d28e15497">subsection (1)</ref><ref href="#d28e15515">(c)</ref>.</p></content></subsection><subsection><num>(3)</num><content><p>If and to the extent that the amount of the lump sum death benefits charge paid in respect of the lump sum death benefit exceeds the amount of the liability (as recalculated as a result of <ref href="#d28e15539">subsection (2)</ref>), the excess must be repaid to the non-qualifying person (and may not be repaid to the scheme administrator).</p></content></subsection><subsection><num>(4)</num><content><p>An application under this section is of no effect unless it complies with such requirements as to timing, form and content as may be prescribed by the Commissioners.</p></content></subsection><subsection><num>(5)</num><intro><p>For the purposes of <ref href="#d28e15497">subsection (1)</ref><ref href="#d28e15515">(c)</ref> the deceased’s personal representatives “pass on the burden” of a payment of inheritance tax to the non-qualifying person if—</p></intro><level class="para1"><num>(a)</num><content><p>the personal representatives pay a sum to the non-qualifying person out of the deceased’s estate that has been reduced by the amount of inheritance tax, or</p></content></level><level class="para1"><num>(b)</num><content><p>the non-qualifying person reimburses the personal representatives that amount.</p></content></level></subsection><subsection><num>(6)</num><intro><p>In this section—</p></intro><hcontainer name="definition"><content><p>“<term refersTo="#term-the-commissioners">the Commissioners</term>” means the Commissioners for His Majesty’s Revenue and Customs;</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-inheritance-tax">inheritance tax</term>” includes interest on inheritance tax;</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-non-qualifying-person">non-qualifying person</term>” has the same meaning as in section 206.</p></content></hcontainer></subsection></section><section><num>206B</num><heading>Supplementary charge on refund of overpaid IHT</heading><subsection eId="d28e15623"><num>(1)</num><intro><p>This section applies where—</p></intro><level class="para1"><num>(a)</num><content><p>a registered pension scheme pays a lump sum death benefit in respect of a deceased member to a non-qualifying person,</p></content></level><level class="para1"><num>(b)</num><content><p>a liability to the lump sum death benefits charge arises in respect of the lump sum death benefit,</p></content></level><level class="para1" eId="d28e15641"><num>(c)</num><content><p>an amount of inheritance tax that is attributable to the value of notional pension property of the deceased member is paid,</p></content></level><level class="para1" eId="d28e15647"><num>(d)</num><intro><p>some or all of the inheritance tax paid as mentioned in <ref href="#d28e15641">paragraph (c)</ref> is subsequently—</p></intro><level class="para2" eId="d28e15656"><num>(i)</num><content><p>repaid under section 241(1) of that Act to the non-qualifying person, or</p></content></level><level class="para2" eId="d28e15662"><num>(ii)</num><content><p>repaid under that section to the deceased’s personal representatives and passed on by the personal representatives to the non-qualifying person, and</p></content></level></level><level class="para1"><num>(e)</num><content><p>in a case in which the payment mentioned in <ref href="#d28e15641">paragraph (c)</ref> was made by the non-qualifying person or by the deceased’s personal representatives, the non-qualifying person has made an application under section 206A in relation to the lump sum death benefit.</p></content></level></subsection><subsection eId="d28e15677"><num>(2)</num><content><p>A charge to income tax arises in respect of the relevant amount.</p></content></subsection><subsection><num>(3)</num><intro><p>In <ref href="#d28e15677">subsection (2)</ref> “<term refersTo="#term-the-relevant-amount">the relevant amount</term>” means—</p></intro><level class="para1"><num>(a)</num><content><p>in a case in which the payment of inheritance tax mentioned in <ref href="#d28e15623">subsection (1)</ref><ref href="#d28e15641">(c)</ref> is made by the scheme administrator, the amount of the payment made to the non-qualifying person mentioned in <ref href="#d28e15623">subsection (1)</ref><ref href="#d28e15647">(d)</ref><ref href="#d28e15656">(i)</ref> or <ref href="#d28e15662">(ii)</ref>;</p></content></level><level class="para1"><num>(b)</num><intro><p>in a case in which the payment of inheritance tax mentioned in <ref href="#d28e15623">subsection (1)</ref><ref href="#d28e15641">(c)</ref> is made by the non-qualifying person, or by the deceased’s personal representatives, the lesser of—</p></intro><level class="para2"><num>(i)</num><content><p>the amount of the payment made to the non-qualifying person mentioned in <ref href="#d28e15623">subsection (1)</ref><ref href="#d28e15647">(d)</ref><ref href="#d28e15656">(i)</ref> or <ref href="#d28e15662">(ii)</ref>, and</p></content></level><level class="para2"><num>(ii)</num><content><p>the repayment made under section 206A to the non-qualifying person in relation to the lump sum death benefit.</p></content></level></level></subsection><subsection><num>(4)</num><content><p>The person liable to the charge is the non-qualifying person.</p></content></subsection><subsection><num>(5)</num><content><p>The rate of the charge is the same as the rate of the special lump sum death benefits charge (see section 206(4)).</p></content></subsection><subsection><num>(6)</num><intro><p>In this section—</p></intro><hcontainer name="definition"><content><p>“<term refersTo="#term-inheritance-tax">inheritance tax</term>” includes interest on inheritance tax;</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-non-qualifying-person">non-qualifying person</term>” has the same meaning as in section 206.</p></content></hcontainer></subsection></section></quotedStructure></mod></p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="section-70-10"><num>(10)</num><content><p><mod>In section 274A (power to split pension schemes), at the end insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><subsection><num>(5)</num><content><p>Sections <ref href="#d28e14185">226A</ref> and <ref href="#d28e14353">226B</ref> of the Inheritance Tax Act 1984 (withholding of benefits and payment of inheritance tax by scheme administrator) are treated for the purposes of this section as provision made by this Part.</p></content></subsection></quotedStructure></mod></p></content></subsection>
<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-71"><num>71</num><heading>Commencement of <span><ref href="#section-66">sections 66</ref> to <ref href="#section-70">70</ref></span></heading><content><p>The amendments made by <span><ref href="#section-66">sections 66</ref> to <ref href="#section-70">70</ref></span> apply in relation to deaths, and (so far as relevant) to other transfers of value within the meaning of IHTA 1984, occurring on or after 6 April 2027.</p></content></section>
<hcontainer xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" name="crossheading" ukl:Name="Pblock" eId="part-2-crossheading-freeze-of-nil-rate-band-etc"><heading>Freeze of nil rate band etc</heading><section eId="section-72"><num>72</num><heading>Rate bands etc for tax year 2030-31</heading><intro><p>In section 86 of FA 2021 (no indexation of rate bands, residential enhancement and taper threshold for tax years up to 2029-30)—</p></intro><level class="para1" eId="section-72-a"><num>(a)</num><content><p><mod>for “or 2028” substitute <quotedText>“, 2028 or 2029”</quotedText>, and</mod></p></content></level><level class="para1" eId="section-72-b"><num>(b)</num><content><p><mod>in the heading, for “2029-30” substitute <quotedText>“2030-31”</quotedText>.</mod></p></content></level></section></hcontainer>
<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-72"><num>72</num><heading>Rate bands etc for tax year 2030-31</heading><intro><p>In section 86 of FA 2021 (no indexation of rate bands, residential enhancement and taper threshold for tax years up to 2029-30)—</p></intro><level class="para1" eId="section-72-a"><num>(a)</num><content><p><mod>for “or 2028” substitute <quotedText>“, 2028 or 2029”</quotedText>, and</mod></p></content></level><level class="para1" eId="section-72-b"><num>(b)</num><content><p><mod>in the heading, for “2029-30” substitute <quotedText>“2030-31”</quotedText>.</mod></p></content></level></section>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-72-a"><num>(a)</num><content><p><mod>for “or 2028” substitute <quotedText>“, 2028 or 2029”</quotedText>, and</mod></p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-72-b"><num>(b)</num><content><p><mod>in the heading, for “2029-30” substitute <quotedText>“2030-31”</quotedText>.</mod></p></content></level>
<hcontainer xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" name="crossheading" ukl:Name="Pblock" eId="part-2-crossheading-provision-relating-to-new-regime-in-fa-2025"><heading>Provision relating to new regime in FA 2025</heading><section eId="section-73"><num>73</num><heading>Relevant property: disapplication of exemptions from exit charges</heading><subsection eId="section-73-1"><num>(1)</num><content><p><mod>In IHTA 1984, in section 65 (relevant property: exit charges), after subsection (8A) insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><subsection eId="d28e15870"><num>(8B)</num><intro><p>None of subsections (7), (7A) and (8) applies in relation to property comprised in a settlement if—</p></intro><level class="para1"><num>(a)</num><intro><p>a long-term residence change took place at a time—</p></intro><level class="para2"><num>(i)</num><content><p>before the event in question, and</p></content></level><level class="para2"><num>(ii)</num><content><p>if there have been one or more ten-year anniversaries before the event in question, after the most recent of them,</p></content></level></level><level class="para1"><num>(b)</num><content><p>the long-term residence change did not result in tax being charged under this section by reference to the property, and</p></content></level><level class="para1"><num>(c)</num><content><p>the long-term residence change would have resulted in tax being charged under this section by reference to the property if the property had been property situated outside the United Kingdom when the long-term residence change took place.</p></content></level></subsection><subsection><num>(8C)</num><intro><p>In subsection <ref href="#d28e15870">(8B)</ref> “<term refersTo="#term-long-term-residence-change">long-term residence change</term>” means—</p></intro><level class="para1"><num>(a)</num><content><p>the settlor not being a long-term UK resident at the start of the tax year 2025-26, or</p></content></level><level class="para1"><num>(b)</num><content><p>the settlor ceasing to be a long-term UK resident at the start of any later tax year.</p></content></level></subsection></quotedStructure></mod></p></content></subsection><subsection eId="section-73-2"><num>(2)</num><content><p>The amendment made by <ref href="#section-73-1">subsection (1)</ref> is treated as having come into force on 26 November 2025.</p></content></subsection></section><section eId="section-74"><num>74</num><heading>Relevant property: cap on charges for pre-30 October 2024 excluded property</heading><subsection eId="section-74-1"><num>(1)</num><content><p><mod>In IHTA 1984, after section 75A insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><section><num>75B</num><heading>Cap on charges for pre-30 October 2024 excluded property</heading><subsection eId="d28e15960"><num>(1)</num><intro><p>This section applies if (ignoring this section) tax is charged under section 64 (ten-year anniversary charge) or 65 (exit charge) by reference to the value of property—</p></intro><level class="para1"><num>(a)</num><content><p>that became comprised in the settlement in question before 30 October 2024,</p></content></level><level class="para1"><num>(b)</num><content><p>that immediately before 30 October 2024 was excluded property by virtue of section 48(3) or (3A) (as it had effect at that time), and</p></content></level><level class="para1"><num>(c)</num><intro><p>that immediately before the occasion of the charge—</p></intro><level class="para2"><num>(i)</num><content><p>is situated outside the United Kingdom and is not property to which paragraph 2 or 3 of Schedule A1 applies, or</p></content></level><level class="para2"><num>(ii)</num><content><p>is a holding in an authorised unit trust or a share in an open-ended investment company.</p></content></level></level></subsection><subsection><num>(2)</num><intro><p>The amount of tax charged by reference to the value of the property is, if it would otherwise be greater, to be reduced (but not below zero) to the difference between—</p></intro><level class="para1"><num>(a)</num><content><p>the applicable cap in relation to the relevant period in which the occasion of the charge falls, and</p></content></level><level class="para1"><num>(b)</num><content><p>any amount of tax already charged under section 65 in relation to the settlement, earlier in that relevant period, by reference to the value of property meeting the conditions in subsection <ref href="#d28e15960">(1)</ref>.</p></content></level></subsection><subsection><num>(3)</num><intro><p>In this section—</p></intro><hcontainer name="definition"><intro><p>“<term refersTo="#term-the-applicable-cap">the applicable cap</term>” means—</p></intro><level class="para1"><num>(a)</num><content><p>in relation to the first relevant period, £125,000 multiplied by the number of whole successive quarters in the period;</p></content></level><level class="para1"><num>(b)</num><content><p>in relation to a subsequent relevant period, £5 million;</p></content></level></hcontainer><hcontainer name="definition"><intro><p>“<term refersTo="#term-relevant-period">relevant period</term>” means—</p></intro><level class="para1"><num>(a)</num><content><p>the period beginning with 6 April 2025 and ending with the first ten-year anniversary falling after that date, and</p></content></level><level class="para1"><num>(b)</num><content><p>each subsequent period of ten years.</p></content></level></hcontainer></subsection></section></quotedStructure></mod></p></content></subsection><subsection eId="section-74-2"><num>(2)</num><content><p>The amendment made by <ref href="#section-74-1">subsection (1)</ref> is treated as having come into force on 6 April 2025.</p></content></subsection></section><section eId="section-75"><num>75</num><heading>Foreign diplomats etc: periods of UK residence to be disregarded</heading><subsection eId="section-75-1"><num>(1)</num><content><p><mod>In IHTA 1984, after section 155 insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><hcontainer name="crossheading" ukl:Name="Pblock"><heading>Foreign diplomats etc</heading><section><num>155ZA</num><heading>Foreign diplomats etc</heading><subsection><num>(1)</num><content><p>In determining whether a person is a long-term UK resident for the purposes of this Act, the person is treated (so far as would not otherwise be the case) as not having been resident in the United Kingdom for any tax year in which they were subject at any time to a relevant international exemption.</p></content></subsection><subsection><num>(2)</num><content><p>For that purpose a person is “subject to a relevant international exemption” at a given time if, were the person to die at that time, an exemption in respect of inheritance tax would apply in relation to any of the person’s property by virtue of any of the following—</p><blockList class="unordered none" ukl:Name="UnorderedList" ukl:Decoration="none"><item><p>the Diplomatic Privileges Act 1964</p></item><item><p>the Consular Relations Act 1968</p></item><item><p>the International Organisations Act 1968</p></item><item><p>the European Communities Act 1972</p></item><item><p>the International Criminal Court Act 2001.</p></item></blockList></content></subsection></section></hcontainer></quotedStructure></mod></p></content></subsection><subsection eId="section-75-2"><num>(2)</num><content><p>The amendment made by subsection (1) is treated as having come into force on 6 April 2025 (and has effect in relation to tax years ending before that date as it has effect in relation to later tax years).</p></content></subsection></section><section eId="section-76"><num>76</num><heading>Minor corrections</heading><subsection eId="section-76-1"><num>(1)</num><content><p><ref eId="c00118" href="https://www.legislation.gov.uk/ukpga/1984/51/contents">IHTA 1984</ref> is amended in accordance with <ref href="#section-76-2">subsections (2)</ref> and <ref href="#section-76-3">(3)</ref>.</p></content></subsection><subsection eId="section-76-2"><num>(2)</num><content><p><mod>In section 267ZD (further provision about elections under section 267ZC), in <ref eId="c00119" href="https://www.legislation.gov.uk/ukpga/1984/51/section/267D">subsection (8)</ref>, for “a lifetime election” substitute <quotedText>“an election under section 267ZC”</quotedText>.</mod></p></content></subsection><subsection eId="section-76-3"><num>(3)</num><content><p>In <ref eId="c00120" href="https://www.legislation.gov.uk/ukpga/1984/51/section/157">section 157</ref> (non-residents’ bank accounts), in <ref eId="c00121" href="https://www.legislation.gov.uk/ukpga/1984/51/section/157">subsection (3)</ref>, in each of <ref eId="c00122" href="https://www.legislation.gov.uk/ukpga/1984/51/section/157">paragraphs (c)</ref> and <ref eId="c00123" href="https://www.legislation.gov.uk/ukpga/1984/51/section/157">(d)</ref>, omit “not”.</p></content></subsection><subsection eId="section-76-4"><num>(4)</num><content><p>The amendment made by <ref href="#section-76-2">subsection (2)</ref> is treated as having come into force on 6 April 2025.</p></content></subsection><subsection eId="section-76-5"><num>(5)</num><content><p>The amendment made by <ref href="#section-76-3">subsection (3)</ref> is treated as having come into force on 26 November 2025.</p></content></subsection><subsection eId="section-76-6"><num>(6)</num><content><p><ref eId="c00124" href="https://www.legislation.gov.uk/ukpga/1984/51/section/157">Section 157</ref><ref eId="c00125" href="https://www.legislation.gov.uk/ukpga/1984/51/section/157">(3)</ref> of <ref eId="c00126" href="https://www.legislation.gov.uk/ukpga/1984/51/contents">IHTA 1984</ref> is treated as having had effect for the period beginning with 6 April 2025 and ending with 26 November 2025 with the omission of its <ref eId="c00127" href="https://www.legislation.gov.uk/ukpga/1984/51/section/157">paragraphs (c)</ref> and <ref eId="c00128" href="https://www.legislation.gov.uk/ukpga/1984/51/section/157">(d)</ref> (and the insertion of “or” after paragraph (a)).</p></content></subsection></section></hcontainer>
<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="section-73"><num>73</num><heading>Relevant property: disapplication of exemptions from exit charges</heading><subsection eId="section-73-1"><num>(1)</num><content><p><mod>In IHTA 1984, in section 65 (relevant property: exit charges), after subsection (8A) insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><subsection eId="d28e15870"><num>(8B)</num><intro><p>None of subsections (7), (7A) and (8) applies in relation to property comprised in a settlement if—</p></intro><level class="para1"><num>(a)</num><intro><p>a long-term residence change took place at a time—</p></intro><level class="para2"><num>(i)</num><content><p>before the event in question, and</p></content></level><level class="para2"><num>(ii)</num><content><p>if there have been one or more ten-year anniversaries before the event in question, after the most recent of them,</p></content></level></level><level class="para1"><num>(b)</num><content><p>the long-term residence change did not result in tax being charged under this section by reference to the property, and</p></content></level><level class="para1"><num>(c)</num><content><p>the long-term residence change would have resulted in tax being charged under this section by reference to the property if the property had been property situated outside the United Kingdom when the long-term residence change took place.</p></content></level></subsection><subsection><num>(8C)</num><intro><p>In subsection <ref href="#d28e15870">(8B)</ref> “<term refersTo="#term-long-term-residence-change">long-term residence change</term>” means—</p></intro><level class="para1"><num>(a)</num><content><p>the settlor not being a long-term UK resident at the start of the tax year 2025-26, or</p></content></level><level class="para1"><num>(b)</num><content><p>the settlor ceasing to be a long-term UK resident at the start of any later tax year.</p></content></level></subsection></quotedStructure></mod></p></content></subsection><subsection eId="section-73-2"><num>(2)</num><content><p>The amendment made by <ref href="#section-73-1">subsection (1)</ref> is treated as having come into force on 26 November 2025.</p></content></subsection></section>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="section-73-1"><num>(1)</num><content><p><mod>In IHTA 1984, in section 65 (relevant property: exit charges), after subsection (8A) insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><subsection eId="d28e15870"><num>(8B)</num><intro><p>None of subsections (7), (7A) and (8) applies in relation to property comprised in a settlement if—</p></intro><level class="para1"><num>(a)</num><intro><p>a long-term residence change took place at a time—</p></intro><level class="para2"><num>(i)</num><content><p>before the event in question, and</p></content></level><level class="para2"><num>(ii)</num><content><p>if there have been one or more ten-year anniversaries before the event in question, after the most recent of them,</p></content></level></level><level class="para1"><num>(b)</num><content><p>the long-term residence change did not result in tax being charged under this section by reference to the property, and</p></content></level><level class="para1"><num>(c)</num><content><p>the long-term residence change would have resulted in tax being charged under this section by reference to the property if the property had been property situated outside the United Kingdom when the long-term residence change took place.</p></content></level></subsection><subsection><num>(8C)</num><intro><p>In subsection <ref href="#d28e15870">(8B)</ref> “<term refersTo="#term-long-term-residence-change">long-term residence change</term>” means—</p></intro><level class="para1"><num>(a)</num><content><p>the settlor not being a long-term UK resident at the start of the tax year 2025-26, or</p></content></level><level class="para1"><num>(b)</num><content><p>the settlor ceasing to be a long-term UK resident at the start of any later tax year.</p></content></level></subsection></quotedStructure></mod></p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-73-2"><num>(2)</num><content><p>The amendment made by <ref href="#section-73-1">subsection (1)</ref> is treated as having come into force on 26 November 2025.</p></content></subsection>
<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="section-74"><num>74</num><heading>Relevant property: cap on charges for pre-30 October 2024 excluded property</heading><subsection eId="section-74-1"><num>(1)</num><content><p><mod>In IHTA 1984, after section 75A insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><section><num>75B</num><heading>Cap on charges for pre-30 October 2024 excluded property</heading><subsection eId="d28e15960"><num>(1)</num><intro><p>This section applies if (ignoring this section) tax is charged under section 64 (ten-year anniversary charge) or 65 (exit charge) by reference to the value of property—</p></intro><level class="para1"><num>(a)</num><content><p>that became comprised in the settlement in question before 30 October 2024,</p></content></level><level class="para1"><num>(b)</num><content><p>that immediately before 30 October 2024 was excluded property by virtue of section 48(3) or (3A) (as it had effect at that time), and</p></content></level><level class="para1"><num>(c)</num><intro><p>that immediately before the occasion of the charge—</p></intro><level class="para2"><num>(i)</num><content><p>is situated outside the United Kingdom and is not property to which paragraph 2 or 3 of Schedule A1 applies, or</p></content></level><level class="para2"><num>(ii)</num><content><p>is a holding in an authorised unit trust or a share in an open-ended investment company.</p></content></level></level></subsection><subsection><num>(2)</num><intro><p>The amount of tax charged by reference to the value of the property is, if it would otherwise be greater, to be reduced (but not below zero) to the difference between—</p></intro><level class="para1"><num>(a)</num><content><p>the applicable cap in relation to the relevant period in which the occasion of the charge falls, and</p></content></level><level class="para1"><num>(b)</num><content><p>any amount of tax already charged under section 65 in relation to the settlement, earlier in that relevant period, by reference to the value of property meeting the conditions in subsection <ref href="#d28e15960">(1)</ref>.</p></content></level></subsection><subsection><num>(3)</num><intro><p>In this section—</p></intro><hcontainer name="definition"><intro><p>“<term refersTo="#term-the-applicable-cap">the applicable cap</term>” means—</p></intro><level class="para1"><num>(a)</num><content><p>in relation to the first relevant period, £125,000 multiplied by the number of whole successive quarters in the period;</p></content></level><level class="para1"><num>(b)</num><content><p>in relation to a subsequent relevant period, £5 million;</p></content></level></hcontainer><hcontainer name="definition"><intro><p>“<term refersTo="#term-relevant-period">relevant period</term>” means—</p></intro><level class="para1"><num>(a)</num><content><p>the period beginning with 6 April 2025 and ending with the first ten-year anniversary falling after that date, and</p></content></level><level class="para1"><num>(b)</num><content><p>each subsequent period of ten years.</p></content></level></hcontainer></subsection></section></quotedStructure></mod></p></content></subsection><subsection eId="section-74-2"><num>(2)</num><content><p>The amendment made by <ref href="#section-74-1">subsection (1)</ref> is treated as having come into force on 6 April 2025.</p></content></subsection></section>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="section-74-1"><num>(1)</num><content><p><mod>In IHTA 1984, after section 75A insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><section><num>75B</num><heading>Cap on charges for pre-30 October 2024 excluded property</heading><subsection eId="d28e15960"><num>(1)</num><intro><p>This section applies if (ignoring this section) tax is charged under section 64 (ten-year anniversary charge) or 65 (exit charge) by reference to the value of property—</p></intro><level class="para1"><num>(a)</num><content><p>that became comprised in the settlement in question before 30 October 2024,</p></content></level><level class="para1"><num>(b)</num><content><p>that immediately before 30 October 2024 was excluded property by virtue of section 48(3) or (3A) (as it had effect at that time), and</p></content></level><level class="para1"><num>(c)</num><intro><p>that immediately before the occasion of the charge—</p></intro><level class="para2"><num>(i)</num><content><p>is situated outside the United Kingdom and is not property to which paragraph 2 or 3 of Schedule A1 applies, or</p></content></level><level class="para2"><num>(ii)</num><content><p>is a holding in an authorised unit trust or a share in an open-ended investment company.</p></content></level></level></subsection><subsection><num>(2)</num><intro><p>The amount of tax charged by reference to the value of the property is, if it would otherwise be greater, to be reduced (but not below zero) to the difference between—</p></intro><level class="para1"><num>(a)</num><content><p>the applicable cap in relation to the relevant period in which the occasion of the charge falls, and</p></content></level><level class="para1"><num>(b)</num><content><p>any amount of tax already charged under section 65 in relation to the settlement, earlier in that relevant period, by reference to the value of property meeting the conditions in subsection <ref href="#d28e15960">(1)</ref>.</p></content></level></subsection><subsection><num>(3)</num><intro><p>In this section—</p></intro><hcontainer name="definition"><intro><p>“<term refersTo="#term-the-applicable-cap">the applicable cap</term>” means—</p></intro><level class="para1"><num>(a)</num><content><p>in relation to the first relevant period, £125,000 multiplied by the number of whole successive quarters in the period;</p></content></level><level class="para1"><num>(b)</num><content><p>in relation to a subsequent relevant period, £5 million;</p></content></level></hcontainer><hcontainer name="definition"><intro><p>“<term refersTo="#term-relevant-period">relevant period</term>” means—</p></intro><level class="para1"><num>(a)</num><content><p>the period beginning with 6 April 2025 and ending with the first ten-year anniversary falling after that date, and</p></content></level><level class="para1"><num>(b)</num><content><p>each subsequent period of ten years.</p></content></level></hcontainer></subsection></section></quotedStructure></mod></p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-74-2"><num>(2)</num><content><p>The amendment made by <ref href="#section-74-1">subsection (1)</ref> is treated as having come into force on 6 April 2025.</p></content></subsection>
<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="section-75"><num>75</num><heading>Foreign diplomats etc: periods of UK residence to be disregarded</heading><subsection eId="section-75-1"><num>(1)</num><content><p><mod>In IHTA 1984, after section 155 insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><hcontainer name="crossheading" ukl:Name="Pblock"><heading>Foreign diplomats etc</heading><section><num>155ZA</num><heading>Foreign diplomats etc</heading><subsection><num>(1)</num><content><p>In determining whether a person is a long-term UK resident for the purposes of this Act, the person is treated (so far as would not otherwise be the case) as not having been resident in the United Kingdom for any tax year in which they were subject at any time to a relevant international exemption.</p></content></subsection><subsection><num>(2)</num><content><p>For that purpose a person is “subject to a relevant international exemption” at a given time if, were the person to die at that time, an exemption in respect of inheritance tax would apply in relation to any of the person’s property by virtue of any of the following—</p><blockList class="unordered none" ukl:Name="UnorderedList" ukl:Decoration="none"><item><p>the Diplomatic Privileges Act 1964</p></item><item><p>the Consular Relations Act 1968</p></item><item><p>the International Organisations Act 1968</p></item><item><p>the European Communities Act 1972</p></item><item><p>the International Criminal Court Act 2001.</p></item></blockList></content></subsection></section></hcontainer></quotedStructure></mod></p></content></subsection><subsection eId="section-75-2"><num>(2)</num><content><p>The amendment made by subsection (1) is treated as having come into force on 6 April 2025 (and has effect in relation to tax years ending before that date as it has effect in relation to later tax years).</p></content></subsection></section>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="section-75-1"><num>(1)</num><content><p><mod>In IHTA 1984, after section 155 insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><hcontainer name="crossheading" ukl:Name="Pblock"><heading>Foreign diplomats etc</heading><section><num>155ZA</num><heading>Foreign diplomats etc</heading><subsection><num>(1)</num><content><p>In determining whether a person is a long-term UK resident for the purposes of this Act, the person is treated (so far as would not otherwise be the case) as not having been resident in the United Kingdom for any tax year in which they were subject at any time to a relevant international exemption.</p></content></subsection><subsection><num>(2)</num><content><p>For that purpose a person is “subject to a relevant international exemption” at a given time if, were the person to die at that time, an exemption in respect of inheritance tax would apply in relation to any of the person’s property by virtue of any of the following—</p><blockList class="unordered none" ukl:Name="UnorderedList" ukl:Decoration="none"><item><p>the Diplomatic Privileges Act 1964</p></item><item><p>the Consular Relations Act 1968</p></item><item><p>the International Organisations Act 1968</p></item><item><p>the European Communities Act 1972</p></item><item><p>the International Criminal Court Act 2001.</p></item></blockList></content></subsection></section></hcontainer></quotedStructure></mod></p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-75-2"><num>(2)</num><content><p>The amendment made by subsection (1) is treated as having come into force on 6 April 2025 (and has effect in relation to tax years ending before that date as it has effect in relation to later tax years).</p></content></subsection>
<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-76"><num>76</num><heading>Minor corrections</heading><subsection eId="section-76-1"><num>(1)</num><content><p><ref eId="c00118" href="https://www.legislation.gov.uk/ukpga/1984/51/contents">IHTA 1984</ref> is amended in accordance with <ref href="#section-76-2">subsections (2)</ref> and <ref href="#section-76-3">(3)</ref>.</p></content></subsection><subsection eId="section-76-2"><num>(2)</num><content><p><mod>In section 267ZD (further provision about elections under section 267ZC), in <ref eId="c00119" href="https://www.legislation.gov.uk/ukpga/1984/51/section/267D">subsection (8)</ref>, for “a lifetime election” substitute <quotedText>“an election under section 267ZC”</quotedText>.</mod></p></content></subsection><subsection eId="section-76-3"><num>(3)</num><content><p>In <ref eId="c00120" href="https://www.legislation.gov.uk/ukpga/1984/51/section/157">section 157</ref> (non-residents’ bank accounts), in <ref eId="c00121" href="https://www.legislation.gov.uk/ukpga/1984/51/section/157">subsection (3)</ref>, in each of <ref eId="c00122" href="https://www.legislation.gov.uk/ukpga/1984/51/section/157">paragraphs (c)</ref> and <ref eId="c00123" href="https://www.legislation.gov.uk/ukpga/1984/51/section/157">(d)</ref>, omit “not”.</p></content></subsection><subsection eId="section-76-4"><num>(4)</num><content><p>The amendment made by <ref href="#section-76-2">subsection (2)</ref> is treated as having come into force on 6 April 2025.</p></content></subsection><subsection eId="section-76-5"><num>(5)</num><content><p>The amendment made by <ref href="#section-76-3">subsection (3)</ref> is treated as having come into force on 26 November 2025.</p></content></subsection><subsection eId="section-76-6"><num>(6)</num><content><p><ref eId="c00124" href="https://www.legislation.gov.uk/ukpga/1984/51/section/157">Section 157</ref><ref eId="c00125" href="https://www.legislation.gov.uk/ukpga/1984/51/section/157">(3)</ref> of <ref eId="c00126" href="https://www.legislation.gov.uk/ukpga/1984/51/contents">IHTA 1984</ref> is treated as having had effect for the period beginning with 6 April 2025 and ending with 26 November 2025 with the omission of its <ref eId="c00127" href="https://www.legislation.gov.uk/ukpga/1984/51/section/157">paragraphs (c)</ref> and <ref eId="c00128" href="https://www.legislation.gov.uk/ukpga/1984/51/section/157">(d)</ref> (and the insertion of “or” after paragraph (a)).</p></content></subsection></section>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-76-1"><num>(1)</num><content><p><ref eId="c00118" href="https://www.legislation.gov.uk/ukpga/1984/51/contents">IHTA 1984</ref> is amended in accordance with <ref href="#section-76-2">subsections (2)</ref> and <ref href="#section-76-3">(3)</ref>.</p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-76-2"><num>(2)</num><content><p><mod>In section 267ZD (further provision about elections under section 267ZC), in <ref eId="c00119" href="https://www.legislation.gov.uk/ukpga/1984/51/section/267D">subsection (8)</ref>, for “a lifetime election” substitute <quotedText>“an election under section 267ZC”</quotedText>.</mod></p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-76-3"><num>(3)</num><content><p>In <ref eId="c00120" href="https://www.legislation.gov.uk/ukpga/1984/51/section/157">section 157</ref> (non-residents’ bank accounts), in <ref eId="c00121" href="https://www.legislation.gov.uk/ukpga/1984/51/section/157">subsection (3)</ref>, in each of <ref eId="c00122" href="https://www.legislation.gov.uk/ukpga/1984/51/section/157">paragraphs (c)</ref> and <ref eId="c00123" href="https://www.legislation.gov.uk/ukpga/1984/51/section/157">(d)</ref>, omit “not”.</p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-76-4"><num>(4)</num><content><p>The amendment made by <ref href="#section-76-2">subsection (2)</ref> is treated as having come into force on 6 April 2025.</p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-76-5"><num>(5)</num><content><p>The amendment made by <ref href="#section-76-3">subsection (3)</ref> is treated as having come into force on 26 November 2025.</p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-76-6"><num>(6)</num><content><p><ref eId="c00124" href="https://www.legislation.gov.uk/ukpga/1984/51/section/157">Section 157</ref><ref eId="c00125" href="https://www.legislation.gov.uk/ukpga/1984/51/section/157">(3)</ref> of <ref eId="c00126" href="https://www.legislation.gov.uk/ukpga/1984/51/contents">IHTA 1984</ref> is treated as having had effect for the period beginning with 6 April 2025 and ending with 26 November 2025 with the omission of its <ref eId="c00127" href="https://www.legislation.gov.uk/ukpga/1984/51/section/157">paragraphs (c)</ref> and <ref eId="c00128" href="https://www.legislation.gov.uk/ukpga/1984/51/section/157">(d)</ref> (and the insertion of “or” after paragraph (a)).</p></content></subsection>
<hcontainer xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" name="crossheading" ukl:Name="Pblock" eId="part-2-crossheading-infected-blood-compensation-payments"><heading>Infected blood compensation payments</heading><section eId="section-77"><num>77</num><heading>Power to make provision about infected blood compensation payments</heading><subsection eId="section-77-1"><num>(1)</num><content><p>The Treasury may by regulations made by statutory instrument make provision conferring relief from inheritance tax in respect of infected blood compensation payments.</p></content></subsection><subsection eId="section-77-2"><num>(2)</num><content><p>The provision that may be made under <ref href="#section-77-1">subsection (1)</ref> includes provision about the treatment of dispositions of amounts received by way of, or that are otherwise referable to, infected blood compensation payments.</p></content></subsection><subsection eId="section-77-3"><num>(3)</num><intro><p>Regulations under <ref href="#section-77-1">subsection (1)</ref> may—</p></intro><level class="para1" eId="section-77-3-a"><num>(a)</num><content><p>amend or otherwise modify Schedule 15 to FA 2020 (tax relief for scheme payments etc);</p></content></level><level class="para1" eId="section-77-3-b"><num>(b)</num><content><p>include retrospective provision that does not increase any person’s liability to tax;</p></content></level><level class="para1" eId="section-77-3-c"><num>(c)</num><content><p>make different provision for different cases;</p></content></level><level class="para1" eId="section-77-3-d"><num>(d)</num><content><p>include consequential, transitional or saving provision.</p></content></level></subsection><subsection eId="section-77-4"><num>(4)</num><intro><p>In this section—</p></intro><hcontainer name="definition"><intro><p>“<term refersTo="#term-infected-blood-compensation-payment" eId="term-infected-blood-compensation-payment">infected blood compensation payment</term>” means a payment that—</p></intro><level class="para1"><num>(a)</num><content><p>is made under an infected blood compensation scheme, and</p></content></level><level class="para1"><num>(b)</num><content><p>is a qualifying payment for the purposes of Schedule 15 to FA 2020 (tax relief for scheme payments etc) by virtue of regulations made under paragraph 2(5) of that Schedule;</p></content></level></hcontainer><hcontainer name="definition"><intro><p>“<term refersTo="#term-infected-blood-compensation-scheme" eId="term-infected-blood-compensation-scheme">infected blood compensation scheme</term>” means—</p></intro><level class="para1"><num>(a)</num><content><p>the infected blood compensation scheme established by virtue of section 49 of the Victims and Prisoners Act 2024, or</p></content></level><level class="para1"><num>(b)</num><content><p>the scheme known as the Infected Blood Interim Compensation Payment Scheme (a non-statutory scheme established before that mentioned in paragraph (a)).</p></content></level></hcontainer></subsection><subsection eId="section-77-5"><num>(5)</num><content><p>A statutory instrument containing regulations under <ref href="#section-77-1">subsection (1)</ref> that amend or otherwise modify Schedule 15 to FA 2020 may not be made unless a draft of the instrument has been laid before, and approved by a resolution of, the House of Commons.</p></content></subsection><subsection eId="section-77-6"><num>(6)</num><content><p>A statutory instrument containing any other regulations under <ref href="#section-77-1">subsection (1)</ref> is subject to annulment in pursuance of a resolution of the House of Commons.</p></content></subsection></section></hcontainer>
<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-77"><num>77</num><heading>Power to make provision about infected blood compensation payments</heading><subsection eId="section-77-1"><num>(1)</num><content><p>The Treasury may by regulations made by statutory instrument make provision conferring relief from inheritance tax in respect of infected blood compensation payments.</p></content></subsection><subsection eId="section-77-2"><num>(2)</num><content><p>The provision that may be made under <ref href="#section-77-1">subsection (1)</ref> includes provision about the treatment of dispositions of amounts received by way of, or that are otherwise referable to, infected blood compensation payments.</p></content></subsection><subsection eId="section-77-3"><num>(3)</num><intro><p>Regulations under <ref href="#section-77-1">subsection (1)</ref> may—</p></intro><level class="para1" eId="section-77-3-a"><num>(a)</num><content><p>amend or otherwise modify Schedule 15 to FA 2020 (tax relief for scheme payments etc);</p></content></level><level class="para1" eId="section-77-3-b"><num>(b)</num><content><p>include retrospective provision that does not increase any person’s liability to tax;</p></content></level><level class="para1" eId="section-77-3-c"><num>(c)</num><content><p>make different provision for different cases;</p></content></level><level class="para1" eId="section-77-3-d"><num>(d)</num><content><p>include consequential, transitional or saving provision.</p></content></level></subsection><subsection eId="section-77-4"><num>(4)</num><intro><p>In this section—</p></intro><hcontainer name="definition"><intro><p>“<term refersTo="#term-infected-blood-compensation-payment" eId="term-infected-blood-compensation-payment">infected blood compensation payment</term>” means a payment that—</p></intro><level class="para1"><num>(a)</num><content><p>is made under an infected blood compensation scheme, and</p></content></level><level class="para1"><num>(b)</num><content><p>is a qualifying payment for the purposes of Schedule 15 to FA 2020 (tax relief for scheme payments etc) by virtue of regulations made under paragraph 2(5) of that Schedule;</p></content></level></hcontainer><hcontainer name="definition"><intro><p>“<term refersTo="#term-infected-blood-compensation-scheme" eId="term-infected-blood-compensation-scheme">infected blood compensation scheme</term>” means—</p></intro><level class="para1"><num>(a)</num><content><p>the infected blood compensation scheme established by virtue of section 49 of the Victims and Prisoners Act 2024, or</p></content></level><level class="para1"><num>(b)</num><content><p>the scheme known as the Infected Blood Interim Compensation Payment Scheme (a non-statutory scheme established before that mentioned in paragraph (a)).</p></content></level></hcontainer></subsection><subsection eId="section-77-5"><num>(5)</num><content><p>A statutory instrument containing regulations under <ref href="#section-77-1">subsection (1)</ref> that amend or otherwise modify Schedule 15 to FA 2020 may not be made unless a draft of the instrument has been laid before, and approved by a resolution of, the House of Commons.</p></content></subsection><subsection eId="section-77-6"><num>(6)</num><content><p>A statutory instrument containing any other regulations under <ref href="#section-77-1">subsection (1)</ref> is subject to annulment in pursuance of a resolution of the House of Commons.</p></content></subsection></section>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-77-1"><num>(1)</num><content><p>The Treasury may by regulations made by statutory instrument make provision conferring relief from inheritance tax in respect of infected blood compensation payments.</p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-77-2"><num>(2)</num><content><p>The provision that may be made under <ref href="#section-77-1">subsection (1)</ref> includes provision about the treatment of dispositions of amounts received by way of, or that are otherwise referable to, infected blood compensation payments.</p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-77-3"><num>(3)</num><intro><p>Regulations under <ref href="#section-77-1">subsection (1)</ref> may—</p></intro><level class="para1" eId="section-77-3-a"><num>(a)</num><content><p>amend or otherwise modify Schedule 15 to FA 2020 (tax relief for scheme payments etc);</p></content></level><level class="para1" eId="section-77-3-b"><num>(b)</num><content><p>include retrospective provision that does not increase any person’s liability to tax;</p></content></level><level class="para1" eId="section-77-3-c"><num>(c)</num><content><p>make different provision for different cases;</p></content></level><level class="para1" eId="section-77-3-d"><num>(d)</num><content><p>include consequential, transitional or saving provision.</p></content></level></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-77-3-a"><num>(a)</num><content><p>amend or otherwise modify Schedule 15 to FA 2020 (tax relief for scheme payments etc);</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-77-3-b"><num>(b)</num><content><p>include retrospective provision that does not increase any person’s liability to tax;</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-77-3-c"><num>(c)</num><content><p>make different provision for different cases;</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-77-3-d"><num>(d)</num><content><p>include consequential, transitional or saving provision.</p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-77-4"><num>(4)</num><intro><p>In this section—</p></intro><hcontainer name="definition"><intro><p>“<term refersTo="#term-infected-blood-compensation-payment" eId="term-infected-blood-compensation-payment">infected blood compensation payment</term>” means a payment that—</p></intro><level class="para1"><num>(a)</num><content><p>is made under an infected blood compensation scheme, and</p></content></level><level class="para1"><num>(b)</num><content><p>is a qualifying payment for the purposes of Schedule 15 to FA 2020 (tax relief for scheme payments etc) by virtue of regulations made under paragraph 2(5) of that Schedule;</p></content></level></hcontainer><hcontainer name="definition"><intro><p>“<term refersTo="#term-infected-blood-compensation-scheme" eId="term-infected-blood-compensation-scheme">infected blood compensation scheme</term>” means—</p></intro><level class="para1"><num>(a)</num><content><p>the infected blood compensation scheme established by virtue of section 49 of the Victims and Prisoners Act 2024, or</p></content></level><level class="para1"><num>(b)</num><content><p>the scheme known as the Infected Blood Interim Compensation Payment Scheme (a non-statutory scheme established before that mentioned in paragraph (a)).</p></content></level></hcontainer></subsection>
<hcontainer xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" name="definition"><intro><p>“<term refersTo="#term-returned-goods-relief" eId="term-returned-goods-relief">returned goods relief</term>” means relief for import duty available—</p></intro><level class="para1"><num>(a)</num><content><p>by virtue of the UK Reliefs document, and</p></content></level><level class="para1"><num>(b)</num><content><p>by reference to the fact the good is being returned to the United Kingdom, or Great Britain, having previously been exported;</p></content></level></hcontainer>
<hcontainer xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" name="definition"><content><p>“<term refersTo="#term-commissioners" eId="term-commissioners">Commissioners</term>” means the Commissioners of His Majesty’s Revenue;</p></content></hcontainer>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1"><num>(b)</num><content><p>is a qualifying payment for the purposes of Schedule 15 to FA 2020 (tax relief for scheme payments etc) by virtue of regulations made under paragraph 2(5) of that Schedule;</p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-77-5"><num>(5)</num><content><p>A statutory instrument containing regulations under <ref href="#section-77-1">subsection (1)</ref> that amend or otherwise modify Schedule 15 to FA 2020 may not be made unless a draft of the instrument has been laid before, and approved by a resolution of, the House of Commons.</p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-77-6"><num>(6)</num><content><p>A statutory instrument containing any other regulations under <ref href="#section-77-1">subsection (1)</ref> is subject to annulment in pursuance of a resolution of the House of Commons.</p></content></subsection>
<hcontainer xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" name="crossheading" ukl:Name="Pblock" eId="part-2-crossheading-gifts-to-charities-and-registered-clubs"><heading>Gifts to charities and registered clubs</heading><section eId="section-78"><num>78</num><heading>Scope of exemption for gifts to charities and registered clubs</heading><subsection eId="section-78-1"><num>(1)</num><content><p>IHTA 1984 is amended as follows.</p></content></subsection><subsection eId="section-78-2"><num>(2)</num><intro><p>In section 23 (gifts to charities or registered clubs), in subsection (6)—</p></intro><level class="para1" eId="section-78-2-a"><num>(a)</num><content><p>in paragraph (a), omit “or is held on trust for charitable purposes only”;</p></content></level><level class="para1" eId="section-78-2-b"><num>(b)</num><content><p>in paragraph (b), omit “or is held on trust for purposes of registered clubs only”.</p></content></level></subsection><subsection eId="section-78-3"><num>(3)</num><content><p>In section 29A (abatement of exemption where claim settled out of beneficiary’s own resources), in subsection (6), in paragraph (b) of the definition of “the exempt beneficiary”, omit sub-paragraph (ii) and the “or” before it.</p></content></subsection><subsection eId="section-78-4"><num>(4)</num><intro><p>In section 142 (alteration of dispositions taking effect on death)—</p></intro><level class="para1" eId="section-78-4-a"><num>(a)</num><content><p><mod>in subsection (3A), for “the appropriate person” substitute <quotedText>“the charity or registered club to which the property is given”</quotedText>;</mod></p></content></level><level class="para1" eId="section-78-4-b"><num>(b)</num><content><p>omit subsection (3B).</p></content></level></subsection><subsection eId="section-78-5"><num>(5)</num><intro><p>The amendments made by this section have effect—</p></intro><level class="para1" eId="section-78-5-a"><num>(a)</num><content><p>in relation to a transfer of value made on a person’s death, if the person dies on or after 6 April 2026;</p></content></level><level class="para1" eId="section-78-5-b"><num>(b)</num><content><p>in relation to a transfer of value made at any other time, if the transfer is made on or after 26 November 2025.</p></content></level><wrapUp><p>References in this subsection to the making of a transfer of value are to be construed in accordance with IHTA 1984.</p></wrapUp></subsection></section><section eId="section-79"><num>79</num><heading>Section <ref href="#section-78">78</ref>: transitional protection for existing interests in possession</heading><subsection eId="section-79-1"><num>(1)</num><intro><p><ref href="#section-79-2">Subsection (2)</ref> applies in relation to a transfer of value (“the original transfer”) to the extent that the value transferred by it is attributable to property which meets each of the following conditions, namely—</p></intro><level class="para1" eId="section-79-1-a"><num>(a)</num><content><p>that immediately before the original transfer a person was beneficially entitled to an interest in possession in the property to which section 49(1) of IHTA 1984 (interests treated as part of estate) applied;</p></content></level><level class="para1" eId="section-79-1-b"><num>(b)</num><content><p>that the person became beneficially entitled to the interest in possession before 26 November 2025;</p></content></level><level class="para1" eId="section-79-1-c"><num>(c)</num><intro><p>that by virtue of the original transfer the property is held on trust—</p></intro><level class="para2" eId="section-79-1-c-i"><num>(i)</num><content><p>only for charitable purposes, or</p></content></level><level class="para2" eId="section-79-1-c-ii"><num>(ii)</num><content><p>only for purposes of registered clubs,</p></content></level><wrapUp><p>but is not given to charities or registered clubs;</p></wrapUp></level><level class="para1" eId="section-79-1-d"><num>(d)</num><content><p>that the property is given to charities or registered clubs within the period of 2 years beginning with the date of the original transfer (“the subsequent gift”).</p></content></level></subsection><subsection eId="section-79-2"><num>(2)</num><intro><p>For the purposes of IHTA 1984—</p></intro><level class="para1" eId="section-79-2-a"><num>(a)</num><content><p>the original transfer is treated as attributable (and as always having been attributable) to property given to charities or registered clubs, and</p></content></level><level class="para1" eId="section-79-2-b"><num>(b)</num><content><p>the subsequent gift is disregarded.</p></content></level></subsection><subsection eId="section-79-3"><num>(3)</num><intro><p><ref href="#section-79-1">Subsections (1)</ref> and <ref href="#section-79-2">(2)</ref> have effect—</p></intro><level class="para1" eId="section-79-3-a"><num>(a)</num><content><p>where the original transfer is made on a person’s death, if the person dies on or after 6 April 2026;</p></content></level><level class="para1" eId="section-79-3-b"><num>(b)</num><content><p>where the original transfer is made at any other time, if the transfer is made on or after 26 November 2025.</p></content></level></subsection><subsection eId="section-79-4"><num>(4)</num><content><p><ref href="#section-79-1">Subsections (1)</ref> to <ref href="#section-79-3">(3)</ref>are to be construed as though they were contained in section 23 of IHTA 1984.</p></content></subsection></section></hcontainer>
<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-78"><num>78</num><heading>Scope of exemption for gifts to charities and registered clubs</heading><subsection eId="section-78-1"><num>(1)</num><content><p>IHTA 1984 is amended as follows.</p></content></subsection><subsection eId="section-78-2"><num>(2)</num><intro><p>In section 23 (gifts to charities or registered clubs), in subsection (6)—</p></intro><level class="para1" eId="section-78-2-a"><num>(a)</num><content><p>in paragraph (a), omit “or is held on trust for charitable purposes only”;</p></content></level><level class="para1" eId="section-78-2-b"><num>(b)</num><content><p>in paragraph (b), omit “or is held on trust for purposes of registered clubs only”.</p></content></level></subsection><subsection eId="section-78-3"><num>(3)</num><content><p>In section 29A (abatement of exemption where claim settled out of beneficiary’s own resources), in subsection (6), in paragraph (b) of the definition of “the exempt beneficiary”, omit sub-paragraph (ii) and the “or” before it.</p></content></subsection><subsection eId="section-78-4"><num>(4)</num><intro><p>In section 142 (alteration of dispositions taking effect on death)—</p></intro><level class="para1" eId="section-78-4-a"><num>(a)</num><content><p><mod>in subsection (3A), for “the appropriate person” substitute <quotedText>“the charity or registered club to which the property is given”</quotedText>;</mod></p></content></level><level class="para1" eId="section-78-4-b"><num>(b)</num><content><p>omit subsection (3B).</p></content></level></subsection><subsection eId="section-78-5"><num>(5)</num><intro><p>The amendments made by this section have effect—</p></intro><level class="para1" eId="section-78-5-a"><num>(a)</num><content><p>in relation to a transfer of value made on a person’s death, if the person dies on or after 6 April 2026;</p></content></level><level class="para1" eId="section-78-5-b"><num>(b)</num><content><p>in relation to a transfer of value made at any other time, if the transfer is made on or after 26 November 2025.</p></content></level><wrapUp><p>References in this subsection to the making of a transfer of value are to be construed in accordance with IHTA 1984.</p></wrapUp></subsection></section>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-78-1"><num>(1)</num><content><p>IHTA 1984 is amended as follows.</p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-78-2"><num>(2)</num><intro><p>In section 23 (gifts to charities or registered clubs), in subsection (6)—</p></intro><level class="para1" eId="section-78-2-a"><num>(a)</num><content><p>in paragraph (a), omit “or is held on trust for charitable purposes only”;</p></content></level><level class="para1" eId="section-78-2-b"><num>(b)</num><content><p>in paragraph (b), omit “or is held on trust for purposes of registered clubs only”.</p></content></level></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-78-2-a"><num>(a)</num><content><p>in paragraph (a), omit “or is held on trust for charitable purposes only”;</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-78-2-b"><num>(b)</num><content><p>in paragraph (b), omit “or is held on trust for purposes of registered clubs only”.</p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-78-3"><num>(3)</num><content><p>In section 29A (abatement of exemption where claim settled out of beneficiary’s own resources), in subsection (6), in paragraph (b) of the definition of “the exempt beneficiary”, omit sub-paragraph (ii) and the “or” before it.</p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-78-4"><num>(4)</num><intro><p>In section 142 (alteration of dispositions taking effect on death)—</p></intro><level class="para1" eId="section-78-4-a"><num>(a)</num><content><p><mod>in subsection (3A), for “the appropriate person” substitute <quotedText>“the charity or registered club to which the property is given”</quotedText>;</mod></p></content></level><level class="para1" eId="section-78-4-b"><num>(b)</num><content><p>omit subsection (3B).</p></content></level></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-78-4-a"><num>(a)</num><content><p><mod>in subsection (3A), for “the appropriate person” substitute <quotedText>“the charity or registered club to which the property is given”</quotedText>;</mod></p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-78-4-b"><num>(b)</num><content><p>omit subsection (3B).</p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-78-5"><num>(5)</num><intro><p>The amendments made by this section have effect—</p></intro><level class="para1" eId="section-78-5-a"><num>(a)</num><content><p>in relation to a transfer of value made on a person’s death, if the person dies on or after 6 April 2026;</p></content></level><level class="para1" eId="section-78-5-b"><num>(b)</num><content><p>in relation to a transfer of value made at any other time, if the transfer is made on or after 26 November 2025.</p></content></level><wrapUp><p>References in this subsection to the making of a transfer of value are to be construed in accordance with IHTA 1984.</p></wrapUp></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-78-5-a"><num>(a)</num><content><p>in relation to a transfer of value made on a person’s death, if the person dies on or after 6 April 2026;</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-78-5-b"><num>(b)</num><content><p>in relation to a transfer of value made at any other time, if the transfer is made on or after 26 November 2025.</p></content></level>
<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-79"><num>79</num><heading>Section <ref href="#section-78">78</ref>: transitional protection for existing interests in possession</heading><subsection eId="section-79-1"><num>(1)</num><intro><p><ref href="#section-79-2">Subsection (2)</ref> applies in relation to a transfer of value (“the original transfer”) to the extent that the value transferred by it is attributable to property which meets each of the following conditions, namely—</p></intro><level class="para1" eId="section-79-1-a"><num>(a)</num><content><p>that immediately before the original transfer a person was beneficially entitled to an interest in possession in the property to which section 49(1) of IHTA 1984 (interests treated as part of estate) applied;</p></content></level><level class="para1" eId="section-79-1-b"><num>(b)</num><content><p>that the person became beneficially entitled to the interest in possession before 26 November 2025;</p></content></level><level class="para1" eId="section-79-1-c"><num>(c)</num><intro><p>that by virtue of the original transfer the property is held on trust—</p></intro><level class="para2" eId="section-79-1-c-i"><num>(i)</num><content><p>only for charitable purposes, or</p></content></level><level class="para2" eId="section-79-1-c-ii"><num>(ii)</num><content><p>only for purposes of registered clubs,</p></content></level><wrapUp><p>but is not given to charities or registered clubs;</p></wrapUp></level><level class="para1" eId="section-79-1-d"><num>(d)</num><content><p>that the property is given to charities or registered clubs within the period of 2 years beginning with the date of the original transfer (“the subsequent gift”).</p></content></level></subsection><subsection eId="section-79-2"><num>(2)</num><intro><p>For the purposes of IHTA 1984—</p></intro><level class="para1" eId="section-79-2-a"><num>(a)</num><content><p>the original transfer is treated as attributable (and as always having been attributable) to property given to charities or registered clubs, and</p></content></level><level class="para1" eId="section-79-2-b"><num>(b)</num><content><p>the subsequent gift is disregarded.</p></content></level></subsection><subsection eId="section-79-3"><num>(3)</num><intro><p><ref href="#section-79-1">Subsections (1)</ref> and <ref href="#section-79-2">(2)</ref> have effect—</p></intro><level class="para1" eId="section-79-3-a"><num>(a)</num><content><p>where the original transfer is made on a person’s death, if the person dies on or after 6 April 2026;</p></content></level><level class="para1" eId="section-79-3-b"><num>(b)</num><content><p>where the original transfer is made at any other time, if the transfer is made on or after 26 November 2025.</p></content></level></subsection><subsection eId="section-79-4"><num>(4)</num><content><p><ref href="#section-79-1">Subsections (1)</ref> to <ref href="#section-79-3">(3)</ref>are to be construed as though they were contained in section 23 of IHTA 1984.</p></content></subsection></section>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-79-1"><num>(1)</num><intro><p><ref href="#section-79-2">Subsection (2)</ref> applies in relation to a transfer of value (“the original transfer”) to the extent that the value transferred by it is attributable to property which meets each of the following conditions, namely—</p></intro><level class="para1" eId="section-79-1-a"><num>(a)</num><content><p>that immediately before the original transfer a person was beneficially entitled to an interest in possession in the property to which section 49(1) of IHTA 1984 (interests treated as part of estate) applied;</p></content></level><level class="para1" eId="section-79-1-b"><num>(b)</num><content><p>that the person became beneficially entitled to the interest in possession before 26 November 2025;</p></content></level><level class="para1" eId="section-79-1-c"><num>(c)</num><intro><p>that by virtue of the original transfer the property is held on trust—</p></intro><level class="para2" eId="section-79-1-c-i"><num>(i)</num><content><p>only for charitable purposes, or</p></content></level><level class="para2" eId="section-79-1-c-ii"><num>(ii)</num><content><p>only for purposes of registered clubs,</p></content></level><wrapUp><p>but is not given to charities or registered clubs;</p></wrapUp></level><level class="para1" eId="section-79-1-d"><num>(d)</num><content><p>that the property is given to charities or registered clubs within the period of 2 years beginning with the date of the original transfer (“the subsequent gift”).</p></content></level></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-79-1-a"><num>(a)</num><content><p>that immediately before the original transfer a person was beneficially entitled to an interest in possession in the property to which section 49(1) of IHTA 1984 (interests treated as part of estate) applied;</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-79-1-b"><num>(b)</num><content><p>that the person became beneficially entitled to the interest in possession before 26 November 2025;</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-79-1-c"><num>(c)</num><intro><p>that by virtue of the original transfer the property is held on trust—</p></intro><level class="para2" eId="section-79-1-c-i"><num>(i)</num><content><p>only for charitable purposes, or</p></content></level><level class="para2" eId="section-79-1-c-ii"><num>(ii)</num><content><p>only for purposes of registered clubs,</p></content></level><wrapUp><p>but is not given to charities or registered clubs;</p></wrapUp></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para2" eId="section-79-1-c-i"><num>(i)</num><content><p>only for charitable purposes, or</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para2" eId="section-79-1-c-ii"><num>(ii)</num><content><p>only for purposes of registered clubs,</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-79-1-d"><num>(d)</num><content><p>that the property is given to charities or registered clubs within the period of 2 years beginning with the date of the original transfer (“the subsequent gift”).</p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-79-2"><num>(2)</num><intro><p>For the purposes of IHTA 1984—</p></intro><level class="para1" eId="section-79-2-a"><num>(a)</num><content><p>the original transfer is treated as attributable (and as always having been attributable) to property given to charities or registered clubs, and</p></content></level><level class="para1" eId="section-79-2-b"><num>(b)</num><content><p>the subsequent gift is disregarded.</p></content></level></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-79-2-a"><num>(a)</num><content><p>the original transfer is treated as attributable (and as always having been attributable) to property given to charities or registered clubs, and</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-79-2-b"><num>(b)</num><content><p>the subsequent gift is disregarded.</p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-79-3"><num>(3)</num><intro><p><ref href="#section-79-1">Subsections (1)</ref> and <ref href="#section-79-2">(2)</ref> have effect—</p></intro><level class="para1" eId="section-79-3-a"><num>(a)</num><content><p>where the original transfer is made on a person’s death, if the person dies on or after 6 April 2026;</p></content></level><level class="para1" eId="section-79-3-b"><num>(b)</num><content><p>where the original transfer is made at any other time, if the transfer is made on or after 26 November 2025.</p></content></level></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-79-3-a"><num>(a)</num><content><p>where the original transfer is made on a person’s death, if the person dies on or after 6 April 2026;</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-79-3-b"><num>(b)</num><content><p>where the original transfer is made at any other time, if the transfer is made on or after 26 November 2025.</p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-79-4"><num>(4)</num><content><p><ref href="#section-79-1">Subsections (1)</ref> to <ref href="#section-79-3">(3)</ref>are to be construed as though they were contained in section 23 of IHTA 1984.</p></content></subsection>
<part xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:default="http://www.w3.org/1999/xhtml" eId="part-3"><num>Part 3</num><heading>Other existing taxes</heading><hcontainer name="crossheading" ukl:Name="Pblock" eId="part-3-crossheading-value-added-tax-and-insurance-premium-tax"><heading>Value added tax and insurance premium tax</heading><section eId="section-80"><num>80</num><heading>Zero-rating of leases of vehicles to recipients of disability benefits</heading><subsection eId="section-80-1"><num>(1)</num><content><p>VATA 1994 is amended as follows.</p></content></subsection><subsection eId="section-80-2"><num>(2)</num><content><p>In Schedule 8, in Group 12 (drugs, medicines, aids for the disabled, etc), omit item 14.</p></content></subsection><subsection eId="section-80-3"><num>(3)</num><intro><p>In consequence of the amendment made by <ref href="#section-80-2">subsection (2)</ref>, in that Group—</p></intro><level class="para1" eId="section-80-3-a"><num>(a)</num><content><p><mod>for item 15 substitute—<quotedStructure startQuote="“" endQuote="”" uk:context="schedule" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="schedule" ukl:Format="double"><paragraph class="schProv1"><num>15</num><subparagraph><num>(1)</num><content><p>The sale of a motor vehicle that had been let on hire on relevant benefit terms, where such sale constitutes the first supply of the vehicle after the end of the period of such letting.</p></content></subparagraph><subparagraph eId="d28e16574"><num>(2)</num><intro><p>A vehicle has been let on hire on relevant benefit terms if—</p></intro><level class="para1"><num>(a)</num><intro><p>the letting on hire was to a disabled person in receipt of—</p></intro><level class="para2"><num>(i)</num><content><p>a relevant disability benefit by virtue of entitlement to the mobility component of that benefit,</p></content></level><level class="para2"><num>(ii)</num><content><p>an armed forces independence payment, or</p></content></level><level class="para2"><num>(iii)</num><content><p>mobility supplement,</p></content></level></level><level class="para1"><num>(b)</num><content><p>the letting was for a period of not less than 3 years,</p></content></level><level class="para1"><num>(c)</num><content><p>the vehicle was unused at the commencement of the period of letting, and</p></content></level><level class="para1" eId="d28e16616"><num>(d)</num><intro><p>the consideration for the letting consists wholly or partly of sums paid to the lessor by a relevant authority on behalf of the lessee in respect of—</p></intro><level class="para2"><num>(i)</num><content><p>the mobility component of a relevant disability benefit,</p></content></level><level class="para2"><num>(ii)</num><content><p>armed forces independence payment, or</p></content></level><level class="para2"><num>(iii)</num><content><p>mobility supplement.</p></content></level></level></subparagraph><subparagraph><num>(3)</num><intro><p>For the purposes of paragraph (2)—</p></intro><hcontainer name="definition"><intro><p>“<term refersTo="#term-relevant-authority">relevant authority</term>” means—</p></intro><level class="para1"><num>(a)</num><content><p>the Department for Work and Pensions,</p></content></level><level class="para1"><num>(b)</num><content><p>the Ministry of Defence,</p></content></level><level class="para1"><num>(c)</num><content><p>the Scottish Ministers, or</p></content></level><level class="para1"><num>(d)</num><content><p>the Department for Communities in Northern Ireland;</p></content></level></hcontainer><hcontainer name="definition"><intro><p>“<term refersTo="#term-relevant-disability-benefit">relevant disability benefit</term>” means—</p></intro><level class="para1"><num>(a)</num><content><p>disability living allowance,</p></content></level><level class="para1"><num>(b)</num><content><p>personal independence payment,</p></content></level><level class="para1"><num>(c)</num><content><p>Child Disability Payment,</p></content></level><level class="para1"><num>(d)</num><content><p>Adult Disability Payment, or</p></content></level><level class="para1"><num>(e)</num><content><p>Scottish Adult Disability Living Allowance.</p></content></level></hcontainer></subparagraph></paragraph></quotedStructure><inline name="appendText">,</inline></mod></p></content></level><level class="para1" eId="section-80-3-b"><num>(b)</num><content><p>omit note (6), and</p></content></level><level class="para1" eId="section-80-3-c"><num>(c)</num><intro><p>in note (7)—</p></intro><level class="para2" eId="section-80-3-c-i"><num>(i)</num><content><p><mod>in the words before paragraph (a), for “14” substitute <quotedText>“15”</quotedText>,</mod></p></content></level><level class="para2" eId="section-80-3-c-ii"><num>(ii)</num><content><p><mod>in paragraph (aa), for “the corresponding provision having effect in Northern Ireland” substitute <quotedText>“Part 5 of the Welfare Reform (Northern Ireland) Order 2015”</quotedText>,</mod></p></content></level><level class="para2" eId="section-80-3-c-iii"><num>(iii)</num><content><p><mod>in paragraph (aaa), for “disability assistance for children and young people” substitute <quotedText>“Child Disability Payment”</quotedText>,</mod></p></content></level><level class="para2" eId="section-80-3-c-iv"><num>(iv)</num><content><p><mod>in paragraph (aab), for “disability assistance for working age people” substitute <quotedText>“Adult Disability Payment”</quotedText>,</mod></p></content></level><level class="para2" eId="section-80-3-c-v"><num>(v)</num><content><p><mod>after that paragraph insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><level class="para1"><num>(aac)</num><content><p>“<term refersTo="#term-scottish-adult-disability-living-allowance">Scottish Adult Disability Living Allowance</term>” means a category of disability assistance for adults given in accordance with regulations made under section 31 of the Social Security (Scotland) Act 2018;</p></content></level></quotedStructure><inline name="appendText">, and</inline></mod></p></content></level><level class="para2" eId="section-80-3-c-vi"><num>(vi)</num><content><p><mod>for paragraph (b) substitute—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><level class="para1"><num>(b)</num><intro><p>“mobility supplement” is a mobility supplement within the meaning of—</p></intro><level class="para2"><num>(i)</num><content><p>Article 20 of the Naval, Military and Air Forces Etc. (Disablement and Death) Service Pensions Order 2006, or</p></content></level><level class="para2"><num>(ii)</num><content><p>Article 25A of the Personal Injuries (Civilians) Scheme 1983.</p></content></level></level></quotedStructure></mod></p></content></level></level></subsection><subsection eId="section-80-4"><num>(4)</num><content><p><mod>In Schedule 6 (valuation: special cases), after paragraph 11A insert—<quotedStructure startQuote="“" endQuote="”" uk:context="schedule" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="schedule" ukl:Format="double"><paragraph class="schProv1"><num>11B</num><subparagraph><num>(1)</num><content><p>This paragraph applies for the purposes of determining the value of a supply consisting of the letting on hire of a motor vehicle on relevant benefit terms.</p></content></subparagraph><subparagraph><num>(2)</num><content><p>But this paragraph is to be ignored for the purposes of Schedule 1 (VAT registration).</p></content></subparagraph><subparagraph><num>(3)</num><content><p>“<term refersTo="#term-relevant-benefit-terms">Relevant benefit terms</term>” is to be construed in accordance with paragraph <ref href="#d28e16574">(2)</ref> of item 15 in Group 12 in Schedule 8 (zero-rating).</p></content></subparagraph><subparagraph><num>(4)</num><content><p>Any amount of consideration for the letting that falls within sub-paragraph <ref href="#d28e16616">(d)</ref> of that paragraph (payments of relevant benefits) is to be disregarded in determining the amount of the consideration for the purposes of calculating the value of the supply under this Act.</p></content></subparagraph></paragraph></quotedStructure></mod></p></content></subsection><subsection eId="section-80-5"><num>(5)</num><intro><p>The amendments made by this section have effect in relation to leases of motor vehicles commencing on or after—</p></intro><level class="para1" eId="section-80-5-a"><num>(a)</num><content><p>1 July 2026, or</p></content></level><level class="para1" eId="section-80-5-b"><num>(b)</num><content><p>such later date as may be appointed in regulations made (before 1 July 2026) by statutory instrument by the Treasury.</p></content></level></subsection></section><section eId="section-81"><num>81</num><heading>Insurance premium tax relief limited to adapted vehicles</heading><subsection eId="section-81-1"><num>(1)</num><content><p><mod>In <ref eId="c00129" href="https://www.legislation.gov.uk/ukpga/1994/9/schedule/7A">Schedule 7A</ref> to <ref eId="c00130" href="https://www.legislation.gov.uk/ukpga/1994/9/contents">FA 1994</ref> (insurance premium tax: contracts that are not taxable), for <ref eId="c00131" href="https://www.legislation.gov.uk/ukpga/1994/9/schedule/7A/paragraph/3">paragraph 3</ref> (and the italic heading before it) substitute—<quotedStructure startQuote="“" endQuote="”" uk:context="schedule" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="schedule" ukl:Format="double"><hcontainer name="crossheading" class="schGroup7"><heading>Contracts relating to motor vehicles let on relevant benefit terms</heading><paragraph class="schProv1"><num>3</num><subparagraph><num>(1)</num><intro><p>A contract falls within this paragraph if it relates only to a motor vehicle and—</p></intro><level class="para1"><num>(a)</num><content><p>the vehicle is let on hire on relevant benefit terms to a person, and</p></content></level><level class="para1"><num>(b)</num><intro><p>the supply of the vehicle to that person is zero-rated for the purposes of the Value Added Tax Act 1994 as a result of it being a supply falling within—</p></intro><level class="para2"><num>(i)</num><content><p>paragraph (f) in item 2 in Group 12 in Schedule 8 to that Act, or</p></content></level><level class="para2"><num>(ii)</num><content><p>item 2A in that Group.</p></content></level></level></subparagraph><subparagraph><num>(2)</num><content><p>“<term refersTo="#term-relevant-benefit-terms">Relevant benefit terms</term>” is to be construed in accordance with paragraph <ref href="#d28e16574">(2)</ref> of item 15 in Group 12 in Schedule 8 to the Value Added Tax Act 1994 (zero-rating).</p></content></subparagraph></paragraph></hcontainer></quotedStructure></mod></p></content></subsection><subsection eId="section-81-2"><num>(2)</num><intro><p>The amendment made by <ref href="#section-81">this section</ref> has effect in relation to contracts relating to leases of motor vehicles where the lease commences on or after—</p></intro><level class="para1" eId="section-81-2-a"><num>(a)</num><content><p>1 July 2026, or</p></content></level><level class="para1" eId="section-81-2-b"><num>(b)</num><content><p>such later date as may be appointed in regulations made (before 1 July 2026) by statutory instrument by the Treasury.</p></content></level></subsection></section><section eId="section-82"><num>82</num><heading>Private hire vehicles or taxis</heading><subsection eId="section-82-1"><num>(1)</num><content><p><mod>In section 53 of VATA 1994 (tour operators), after subsection (3) insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><subsection><num>(3A)</num><intro><p>But a person is not a tour operator if and so far as their business consists of making supplies of services consisting of the transport of passengers by private hire vehicle or taxi, unless those supplies are made in conjunction with, and are ancillary to, the making of supplies by the person consisting of—</p></intro><level class="para1"><num>(a)</num><content><p>the provision of accommodation, or</p></content></level><level class="para1"><num>(b)</num><content><p>the transport of passengers by bus, coach, train, ship or aircraft.</p></content></level></subsection></quotedStructure></mod></p></content></subsection><subsection eId="section-82-2"><num>(2)</num><content><p>The amendment made by subsection <ref href="#section-82-1">(1)</ref> has effect in relation to supplies made on or after 2 January 2026.</p></content></subsection></section><section eId="section-83"><num>83</num><heading>Certain charitable donations not to be treated as supplies of goods</heading><subsection eId="section-83-1"><num>(1)</num><content><p>Schedule 4 to VATA 1994 (matters to be treated as supply of goods or services) is amended as follows.</p></content></subsection><subsection eId="section-83-2"><num>(2)</num><intro><p>In paragraph 5 (transfer of business goods treated as supply)—</p></intro><level class="para1" eId="section-83-2-a"><num>(a)</num><content><p><mod>in sub-paragraph (2), at the end insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><level class="para1"><num>(c)</num><content><p>a qualifying charitable donation.</p></content></level></quotedStructure><inline name="appendText">;</inline></mod></p></content></level><level class="para1" eId="section-83-2-b"><num>(b)</num><content><p><mod>in sub-paragraph (2ZA), at the appropriate place insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><hcontainer name="definition"><content><p>“<term refersTo="#term-qualifying-charitable-donation">qualifying charitable donation</term>” has the meaning given in paragraph <ref href="#d28e17049">5A</ref>;</p></content></hcontainer></quotedStructure><inline name="appendText">.</inline></mod></p></content></level></subsection><subsection eId="section-83-3"><num>(3)</num><content><p><mod>After paragraph 5 insert—<quotedStructure startQuote="“" endQuote="”" uk:context="schedule" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="schedule" ukl:Format="double"><paragraph eId="d28e17049" class="schProv1"><num>5A</num><subparagraph eId="d28e17053"><num>(1)</num><intro><p>In paragraph 5 “<term refersTo="#term-qualifying-charitable-donation">qualifying charitable donation</term>” means (subject to sub-paragraphs <ref href="#d28e17218">(6)</ref> and <ref href="#d28e17245">(7)</ref>) a donation of an item to a charity where—</p></intro><level class="para1" eId="d28e17068"><num>(a)</num><content><p>the item’s value does not exceed the applicable limit, and</p></content></level><level class="para1"><num>(b)</num><intro><p>the donation is made—</p></intro><level class="para2"><num>(i)</num><content><p>for use by the charity otherwise than in the course or furtherance of a business, or</p></content></level><level class="para2"><num>(ii)</num><content><p>for onward donation by the charity (whether or not to another charity).</p></content></level></level></subparagraph><subparagraph eId="d28e17092"><num>(2)</num><intro><p>In sub-paragraph <ref href="#d28e17053">(1)</ref><ref href="#d28e17068">(a)</ref> “<term refersTo="#term-the-applicable-limit">the applicable limit</term>” means—</p></intro><level class="para1"><num>(a)</num><intro><p>£200 where the item donated is any of the following—</p></intro><level class="para2"><num>(i)</num><content><p>a household appliance;</p></content></level><level class="para2"><num>(ii)</num><content><p>furniture;</p></content></level><level class="para2"><num>(iii)</num><content><p>flooring (including carpets and rugs);</p></content></level><level class="para2"><num>(iv)</num><content><p>a computer;</p></content></level><level class="para2"><num>(v)</num><content><p>a mobile phone;</p></content></level><level class="para2"><num>(vi)</num><content><p>a tablet;</p></content></level></level><level class="para1"><num>(b)</num><content><p>£100 in any other case.</p></content></level></subparagraph><subparagraph eId="d28e17154"><num>(3)</num><intro><p>For the purposes of sub-paragraph <ref href="#d28e17053">(1)</ref><ref href="#d28e17068">(a)</ref> an item’s value is taken to be the lower of—</p></intro><level class="para1" eId="d28e17165"><num>(a)</num><content><p>the cost to the donor of acquiring or, as the case may be, producing the item, and</p></content></level><level class="para1" eId="d28e17171"><num>(b)</num><intro><p>such consideration in money as would be payable by the donor if the donor were, at the time of the donation, to purchase—</p></intro><level class="para2" eId="d28e17177"><num>(i)</num><content><p>an item identical in every respect (including age and condition) to the item concerned, or</p></content></level><level class="para2"><num>(ii)</num><content><p>where such consideration cannot be determined on the basis described in sub-paragraph <ref href="#d28e17177">(i)</ref>, an item similar to and of the same age and condition as the item concerned;</p></content></level></level><wrapUp><p>but where the amount described in paragraph <ref href="#d28e17165">(a)</ref> is not known, the item’s value is taken to be the amount described in paragraph <ref href="#d28e17171">(b)</ref>.</p></wrapUp></subparagraph><subparagraph><num>(4)</num><content><p>Paragraph 5(2A) and (5A) (goods acquired by predecessor businesses) applies for the purposes of sub-paragraph <ref href="#d28e17154">(3)</ref>.</p></content></subparagraph><subparagraph><num>(5)</num><content><p>For the purposes of sub-paragraph <ref href="#d28e17154">(3)</ref> the amount of consideration in money that would be payable by the donor if they were to purchase any goods is taken to be the amount that would be so payable by the donor after the deduction of any amount included in the purchase price in respect of VAT on the supply of the goods to the donor.</p></content></subparagraph><subparagraph eId="d28e17218"><num>(6)</num><intro><p>A donation is not a qualifying charitable donation if the item donated is any of the following—</p></intro><level class="para1"><num>(a)</num><content><p>a tobacco product within the meaning of the Tobacco Products Duty Act 1979;</p></content></level><level class="para1"><num>(b)</num><content><p>a vaping product within the meaning of <ref href="#part-4">Part 4</ref> of the Finance Act 2026;</p></content></level><level class="para1"><num>(c)</num><content><p>an alcohol product within the meaning of Part 2 of the Finance (No.2) Act 2023, other than one belonging to a class or description on which alcohol duty is not charged under that Part of that Act.</p></content></level></subparagraph><subparagraph eId="d28e17245"><num>(7)</num><content><p>A donation is not a qualifying charitable donation if (disregarding this paragraph) it is a zero-rated supply.</p></content></subparagraph><subparagraph><num>(8)</num><content><p>The Treasury may by order amend this paragraph for the purpose of varying the definition of “the applicable limit” in sub-paragraph <ref href="#d28e17092">(2)</ref>.</p></content></subparagraph></paragraph></quotedStructure></mod></p></content></subsection><subsection eId="section-83-4"><num>(4)</num><content><p>The amendments made by <span><ref href="#section-83-1">subsections (1)</ref> to <ref href="#section-83-3">(3)</ref></span> have effect in relation to donations made on or after 1 April 2026.</p></content></subsection></section><section eId="section-84"><num>84</num><heading>Refunds of VAT to combined county authorities</heading><subsection eId="section-84-1"><num>(1)</num><content><p><mod>In section 33 of VATA 1994 (refunds of VAT in certain cases), in subsection (3)(a) (which provides for the section to apply to local authorities and combined authorities), for the words from “and” to the end substitute <quotedText>“, a combined authority established by an order made under section 103(1) of the Local Democracy, Economic Development and Construction Act 2009 and a combined county authority established by regulations made under section 9(1) of the Levelling-up and Regeneration Act 2023;”</quotedText>.</mod></p></content></subsection><subsection eId="section-84-2"><num>(2)</num><content><p>The amendment made by this section has effect in relation to supplies made, and importations or acquisitions taking place, on or after 1 December 2025.</p></content></subsection></section></hcontainer><hcontainer name="crossheading" ukl:Name="Pblock" eId="part-3-crossheading-stamp-duty-reserve-tax"><heading>Stamp duty reserve tax</heading><section eId="section-85"><num>85</num><heading>UK listing relief</heading><subsection eId="section-85-1"><num>(1)</num><content><p><mod>After section 89B of FA 1986 (stamp duty reserve tax) insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><section><num>89C</num><heading>Section 87: UK listing relief</heading><subsection eId="d28e17319"><num>(1)</num><intro><p>Section 87 does not apply as regards an agreement to transfer chargeable securities in a listed company—</p></intro><level class="para1" eId="d28e17325"><num>(a)</num><content><p>that was first listed after the beginning of the period of 3 years ending with the relevant day, and</p></content></level><level class="para1"><num>(b)</num><content><p>whose shares are admitted to trading on a UK regulated market,</p></content></level><wrapUp><p>if none of the following exclusions apply.</p></wrapUp></subsection><subsection><num>(2)</num><intro><p>Exclusion A (listed company mergers) applies if the listing referred to in <ref href="#d28e17319">subsection (1)</ref><ref href="#d28e17325">(a)</ref> was connected to arrangements by which—</p></intro><level class="para1"><num>(a)</num><content><p>a listed company took control of another listed company,</p></content></level><level class="para1"><num>(b)</num><content><p>a company took control of two or more listed companies, or</p></content></level><level class="para1"><num>(c)</num><content><p>two or more listed companies merged all or substantially all of their businesses.</p></content></level></subsection><subsection><num>(3)</num><intro><p>Exclusion B (new holding company) applies if—</p></intro><level class="para1"><num>(a)</num><content><p>the listing referred to in <ref href="#d28e17319">subsection (1)</ref><ref href="#d28e17325">(a)</ref> was connected to arrangements by which the company took control of another company, and</p></content></level><level class="para1"><num>(b)</num><intro><p>immediately before those arrangements, the other company was—</p></intro><level class="para2"><num>(i)</num><content><p>listed other than by reference to depositary interests, and</p></content></level><level class="para2"><num>(ii)</num><content><p>controlled by the person or persons who, at the time of the listing referred to in <ref href="#d28e17319">subsection (1)</ref><ref href="#d28e17325">(a)</ref>, controlled the company.</p></content></level></level></subsection><subsection><num>(4)</num><intro><p>Exclusion C (change of control) applies if—</p></intro><level class="para1"><num>(a)</num><content><p>during the period beginning with the listing referred to in <ref href="#d28e17319">subsection (1)</ref><ref href="#d28e17325">(a)</ref> and ending with the relevant day, there was a change of control in the company, or</p></content></level><level class="para1"><num>(b)</num><content><p>the agreement to transfer forms part of arrangements changing control in the company.</p></content></level></subsection><subsection><num>(5)</num><intro><p>In <ref href="#d28e17319">subsection (1)</ref><ref href="#d28e17325">(a)</ref>, the reference to a company being first listed is a reference to—</p></intro><level class="para1"><num>(a)</num><content><p>in the case of a company falling within <ref href="#d28e17462">subsection (6)</ref>, the company first making a regulatory announcement to the effect that it has taken control of a company as described in <ref href="#d28e17462">subsection (6)</ref><ref href="#d28e17474">(b)</ref>, or</p></content></level><level class="para1"><num>(b)</num><content><p>in other cases, shares in the company being admitted to the official list at a time when no other shares of the company were included in the official list.</p></content></level></subsection><subsection eId="d28e17462"><num>(6)</num><intro><p>A company falls within this subsection if—</p></intro><level class="para1"><num>(a)</num><content><p>shares in the company were admitted to the official list at a time when the company’s assets consisted wholly or mainly of cash or short-dated securities, and</p></content></level><level class="para1" eId="d28e17474"><num>(b)</num><content><p>the shares were admitted with a view to the company taking control of an unlisted company before the end of a certain period.</p></content></level></subsection><subsection><num>(7)</num><intro><p>In this section—</p></intro><level class="para1"><num>(a)</num><content><p>a reference to a company being listed is a reference to shares in the company being included in the official list;</p></content></level><level class="para1"><num>(b)</num><intro><p>a reference to shares being included in the official list is a reference to shares—</p></intro><level class="para2"><num>(i)</num><content><p>being included in the official list in accordance with <ref eId="c00132" href="https://www.legislation.gov.uk/ukpga/2000/8/part/6">Part 6</ref> of the <ref eId="c00133" href="https://www.legislation.gov.uk/ukpga/2000/8/contents">Financial Services and Markets Act 2000</ref> (“<term refersTo="#term-fsma">FSMA</term>”) (see <ref eId="c00134" href="https://www.legislation.gov.uk/ukpga/2000/8/section/74">section 74</ref> of <ref eId="c00135" href="https://www.legislation.gov.uk/ukpga/2000/8/contents">that Act</ref>), or</p></content></level><level class="para2"><num>(ii)</num><content><p>not being included only by reason of suspension under <ref eId="c00136" href="https://www.legislation.gov.uk/ukpga/2000/8/part/6">that Part</ref>;</p></content></level></level><level class="para1"><num>(c)</num><content><p>a reference to shares being admitted to the official list has the same meaning as in <ref eId="c00137" href="https://www.legislation.gov.uk/ukpga/2000/8/part/6">that Part</ref>;</p></content></level><level class="para1"><num>(d)</num><content><p>a reference to shares includes a reference to depositary interests in shares.</p></content></level></subsection><subsection><num>(8)</num><intro><p>In this section—</p></intro><hcontainer name="definition"><content><p>“<term refersTo="#term-arrangements">arrangements</term>” includes any preliminary steps taken in connection with arrangements;</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-control">control</term>” has the meaning given in section 1124 of the Corporation Tax Act 2010;</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-depositary-interest">depositary interest</term>” has the meaning given in regulations made under section 119 of the Finance Act 1999 (power to exempt UK depositary interests in foreign securities);</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-regulatory-announcement">regulatory announcement</term>” means an announcement required by, and made in accordance with, Part 6 rules made under section 73A of FSMA;</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-relevant-day">relevant day</term>” has the meaning given in section 87(3);</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-uk-regulated-market">UK regulated market</term>” has the same meaning as in <ref eId="c00138" href="http://www.legislation.gov.uk/european/regulation/2014/0600">Regulation (EU) No 600/2014</ref> of the European Parliament and of the Council of 15 May 2014 on markets in financial instruments (see Article 2(13A)).</p></content></hcontainer></subsection></section></quotedStructure></mod></p></content></subsection><subsection eId="section-85-2"><num>(2)</num><content><p>The amendment made by subsection (1) has effect in relation to an agreement to transfer chargeable securities in a company that is first listed on or after 27 November 2025 (with “first listed” having the same meaning as in section 89C(1)(a) of FA 1986, as inserted by subsection (1)).</p></content></subsection></section></hcontainer><hcontainer name="crossheading" ukl:Name="Pblock" eId="part-3-crossheading-gambling-duties"><heading>Gambling duties</heading><section eId="section-86"><num>86</num><heading>Rate of remote gaming duty</heading><subsection eId="section-86-1"><num>(1)</num><content><p><mod>In Chapter 3 of Part 3 of FA 2014 (remote gaming duty), in section 155(3) (which specifies the rate), for “21%” substitute <quotedText>“40%”</quotedText>.</mod></p></content></subsection><subsection eId="section-86-2"><num>(2)</num><content><p>The amendment made by this section has effect in relation to accounting periods beginning on or after 1 April 2026.</p></content></subsection><subsection eId="section-86-3"><num>(3)</num><intro><p>In a case where an accounting period (a “straddling period”) begins before 1 April 2026 and ends on or after that date—</p></intro><level class="para1" eId="section-86-3-a"><num>(a)</num><content><p>so much of the straddling period as falls before 1 April 2026, and</p></content></level><level class="para1" eId="section-86-3-b"><num>(b)</num><content><p>so much of it as falls on or after that date,</p></content></level><wrapUp><p>are to be treated as separate accounting periods for the purpose of calculating the duty concerned for the straddling period.</p></wrapUp></subsection><subsection eId="section-86-4"><num>(4)</num><content><p>For the purposes of subsection <ref href="#section-86-3">(3)</ref>, the amount on which duty is charged is apportioned to those separate accounting periods on a time basis according to the respective lengths of those periods.</p></content></subsection></section><section eId="section-87"><num>87</num><heading>General betting duty on remote bets</heading><subsection eId="section-87-1"><num>(1)</num><content><p>Chapter 1 of Part 3 of FA 2014 (general betting duty) is amended as follows.</p></content></subsection><subsection eId="section-87-2"><num>(2)</num><content><p><mod>In the cross-heading after section 125, after “General” insert <quotedText>“, remote”</quotedText>.</mod></p></content></subsection><subsection eId="section-87-3"><num>(3)</num><content><p><mod>In section 126 (meaning of “<term refersTo="#term-general-bet" eId="term-general-bet">general bet</term>”), in subsection (1) after paragraph (a) insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><level class="para1"><num>(aa)</num><content><p>it is not a remote bet,</p></content></level></quotedStructure><inline name="appendText">.</inline></mod></p></content></subsection><subsection eId="section-87-4"><num>(4)</num><content><p><mod>After 127 (general bets) insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><section eId="d28e17705"><num>127A</num><heading>General betting duty charge on remote bets</heading><subsection><num>(1)</num><content><p>General betting duty is charged on a remote bet made with a bookmaker.</p></content></subsection><subsection><num>(2)</num><content><p>It is charged at the rate of 25% of the bookmaker’s profits on remote bets for an accounting period.</p></content></subsection><subsection><num>(3)</num><intro><p>The bookmaker’s profits on remote bets for an accounting period are the aggregate of—</p></intro><level class="para1"><num>(a)</num><content><p>the amount of the bookmaker’s ordinary profits for the period in respect of remote bets (calculated in accordance with section 131), and</p></content></level><level class="para1"><num>(b)</num><content><p>the amount of the bookmaker’s retained winnings profits for the period in respect of remote bets (calculated in accordance with section 132).</p></content></level></subsection><subsection><num>(4)</num><intro><p>Where the calculation for an accounting period under subsection (3) produces a negative amount—</p></intro><level class="para1"><num>(a)</num><content><p>the bookmaker’s profits on remote bets for the accounting period are treated as nil, and</p></content></level><level class="para1"><num>(b)</num><content><p>the amount produced by the calculation may be carried forward in reduction of the bookmaker’s profits on remote bets for one or more later accounting periods.</p></content></level></subsection><subsection><num>(5)</num><intro><p>A bet is a remote bet for the purposes of this Part if—</p></intro><level class="para1"><num>(a)</num><content><p>it is made using remote communication,</p></content></level><level class="para1"><num>(b)</num><content><p>it is not an on-course bet, a spread bet or made by way of pool betting,</p></content></level><level class="para1"><num>(c)</num><content><p>it is not made using a self-service betting terminal, and</p></content></level><level class="para1"><num>(d)</num><content><p>condition B or C in section 126 is met in relation to it.</p></content></level></subsection><subsection eId="d28e17787"><num>(6)</num><intro><p>The reference here to “remote communication” is to communication using—</p></intro><level class="para1"><num>(a)</num><content><p>the internet,</p></content></level><level class="para1"><num>(b)</num><content><p>telephone,</p></content></level><level class="para1"><num>(c)</num><content><p>television,</p></content></level><level class="para1"><num>(d)</num><content><p>radio, or</p></content></level><level class="para1"><num>(e)</num><content><p>any other kind of electronic or other technology for facilitating communication.</p></content></level></subsection><subsection><num>(7)</num><content><p>A bet is to be treated as not being a remote bet for the purposes of this Part if it is made wholly in relation to horse racing taking place in the United Kingdom.</p></content></subsection><subsection><num>(8)</num><intro><p>In this section, “<term refersTo="#term-self-service-betting-terminal">self-service betting terminal</term>” means a machine which—</p></intro><level class="para1"><num>(a)</num><content><p>is designed or adapted for use to bet on future real events,</p></content></level><level class="para1"><num>(b)</num><content><p>is not a gaming machine (within the meaning of section 235 of the Gambling Act 2005), and</p></content></level><level class="para1"><num>(c)</num><content><p>is located on premises in respect of which there is a betting premises licence (within the meaning of section 150(1)(e) of the Gambling Act 2005) or a bookmaking office licence (within the meaning of Article 2(2) of the Betting, Gaming, Lotteries and Amusements (Northern Ireland) Order 1985 (<ref eId="c00139" href="http://www.legislation.gov.uk/id/uksi/1985/1204">S.I. 1985/1204</ref>)).</p></content></level></subsection><subsection eId="d28e17859"><num>(9)</num><content><p>The Treasury may by regulations amend <ref href="#d28e17787">subsection (6)</ref>.</p></content></subsection></section></quotedStructure></mod></p></content></subsection><subsection eId="section-87-5"><num>(5)</num><content><p><mod>In section 190 of FA 2014 (index of defined expressions), in the Table, after the entry for “registrable person” insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><tblock class="table" ukl:Orientation="portrait"><foreign><default:table xmlns="http://www.w3.org/1999/xhtml"><default:colgroup><default:col span="1" style="width:50%"/><default:col span="1" style="width:50%"/></default:colgroup><default:tbody><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">remote bet</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0"><ref href="#d28e17705">section 127A</ref></p></default:td></default:tr></default:tbody></default:table></foreign></tblock></quotedStructure><inline name="appendText">.</inline></mod></p></content></subsection><subsection eId="section-87-6"><num>(6)</num><content><p><mod>In section 194(4) of FA 2014 (made affirmative procedure for regulations), before paragraph (za) insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><level class="para1"><num>(zza)</num><content><p>regulations under <ref href="#d28e17705">section 127A</ref><ref href="#d28e17859">(9)</ref> which have the effect of adding to the class of bets falling with the definition of “remote bet”;</p></content></level></quotedStructure><inline name="appendText">.</inline></mod></p></content></subsection><subsection eId="section-87-7"><num>(7)</num><content><p>This section has effect in relation to accounting periods beginning on or after 1 April 2027, and the charge under section <ref href="#d28e17705">127A</ref> of FA 2014 is on bets made on or after that date.</p></content></subsection><subsection eId="section-87-8"><num>(8)</num><intro><p>In a case where an accounting period (a “straddling period”) begins before 1 April 2027 and ends on or after that date—</p></intro><level class="para1" eId="section-87-8-a"><num>(a)</num><content><p>so much of the straddling period as falls before 1 April 2027, and</p></content></level><level class="para1" eId="section-87-8-b"><num>(b)</num><content><p>so much of it as falls on or after that date,</p></content></level><wrapUp><p>are to be treated as separate accounting periods for the purpose of calculating the duty concerned for the straddling period.</p></wrapUp></subsection><subsection eId="section-87-9"><num>(9)</num><content><p>For the purposes of <ref href="#section-87-8">subsection (8)</ref>, the amount on which duty is charged is apportioned to those separate accounting periods on a time basis according to the respective lengths of those periods.</p></content></subsection></section><section eId="section-88"><num>88</num><heading>Abolition of bingo duty</heading><subsection eId="section-88-1"><num>(1)</num><intro><p>Omit—</p></intro><level class="para1" eId="section-88-1-a"><num>(a)</num><content><p>sections 17 to 20C and 31 of the Betting and Gaming Duties Act 1981 (bingo duty);</p></content></level><level class="para1" eId="section-88-1-b"><num>(b)</num><content><p>the cross-heading before section 17 of that Act;</p></content></level><level class="para1" eId="section-88-1-c"><num>(c)</num><content><p>Schedule 3 to that Act (further provision about bingo duty).</p></content></level></subsection><subsection eId="section-88-2"><num>(2)</num><intro><p><ref href="#schedule-13">Schedule 13</ref> makes—</p></intro><level class="para1" eId="section-88-2-a"><num>(a)</num><content><p>provision in consequence of <ref href="#section-88-1">subsection (1)</ref>;</p></content></level><level class="para1" eId="section-88-2-b"><num>(b)</num><content><p>transitional and saving provision.</p></content></level></subsection><subsection eId="section-88-3"><num>(3)</num><content><p>The repeals and amendments made by <ref href="#section-88">this section</ref> and <ref href="#schedule-13">Schedule 13</ref> come into force on 1 April 2026.</p></content></subsection><subsection eId="section-88-4"><num>(4)</num><content><p>The Treasury may by regulations make such further transitional, transitory or saving provision as the Treasury consider appropriate in connection with the coming into force of those repeals and amendments.</p></content></subsection><subsection eId="section-88-5"><num>(5)</num><content><p>Regulations under <ref href="#section-88-4">subsection (4)</ref> are to be made by statutory instrument.</p></content></subsection></section></hcontainer><hcontainer name="crossheading" ukl:Name="Pblock" eId="part-3-crossheading-alcohol-duty"><heading>Alcohol duty</heading><section eId="section-89"><num>89</num><heading>Rates of duty</heading><subsection eId="section-89-1"><num>(1)</num><content><p>Part 2 of F(No.2)A 2023 (alcohol duty) is amended as follows.</p></content></subsection><subsection eId="section-89-2"><num>(2)</num><content><p><mod>For Schedule 7 (main rates) substitute—<quotedStructure startQuote="“" endQuote="”" uk:context="schedule" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="schedule" ukl:Format="double"><hcontainer name="schedule"><num>Schedule 7</num><heading>Rates of alcohol duty</heading><content><tblock class="table" ukl:Orientation="portrait"><heading>TABLE 1</heading><foreign><default:table xmlns="http://www.w3.org/1999/xhtml"><default:colgroup><default:col span="1" style="width:60%"/><default:col span="1" style="width:40%"/></default:colgroup><default:thead><default:tr><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0"><i><b>Alcoholic strength of alcoholic product</b></i></p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0"><i><b>Rate of duty per litre of alcohol in the product</b></i></p></default:th></default:tr></default:thead><default:tbody><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Less than 3.5%</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£9.96</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">At least 3.5% but less than 8.5%</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">See Table 2</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">At least 8.5% but not exceeding 22%</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£30.62</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Exceeding 22%</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£33.99</p></default:td></default:tr></default:tbody></default:table></foreign></tblock><tblock class="table" ukl:Orientation="portrait"><heading>TABLE 2</heading><foreign><default:table xmlns="http://www.w3.org/1999/xhtml"><default:colgroup><default:col span="1" style="width:70%"/><default:col span="1" style="width:30%"/></default:colgroup><default:thead><default:tr><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0"><i><b> Description of alcoholic product (of an alcoholic strength of at least 3.5% but less than 8.5%)</b></i></p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0"><i><b> Rate of duty per litre of alcohol in the product</b></i></p></default:th></default:tr></default:thead><default:tbody><default:tr><default:td><blockList xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="ordered alpha parens" ukl:Name="OrderedList" ukl:Type="alpha" ukl:Decoration="parens"><item><num>(a)</num><p>Still cider</p></item><item><num>(b)</num><p>Sparkling cider of an alcoholic strength not exceeding 5.5%</p></item></blockList></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£10.39</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Beer</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£22.58</p></default:td></default:tr><default:tr><default:td><blockList xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="ordered alpha parens" ukl:Name="OrderedList" ukl:Type="alpha" ukl:Decoration="parens"><item><num>(a)</num><p>Spirits, wine and other fermented products</p></item><item><num>(b)</num><p>Sparkling cider of an alcoholic strength exceeding 5.5%</p></item></blockList></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£26.61</p></default:td></default:tr></default:tbody></default:table></foreign></tblock></content></hcontainer></quotedStructure><inline name="appendText">.</inline></mod></p></content></subsection><subsection eId="section-89-3"><num>(3)</num><content><p><mod>For Schedule 8 (reduced rates for qualifying draught products) substitute—<quotedStructure startQuote="“" endQuote="”" uk:context="schedule" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="schedule" ukl:Format="double"><hcontainer name="schedule"><num>Schedule 8</num><heading>Qualifying draught products: reduced rates</heading><content><tblock class="table" ukl:Orientation="portrait"><foreign><default:table xmlns="http://www.w3.org/1999/xhtml"><default:colgroup><default:col span="1" style="width:70%"/><default:col span="1" style="width:30%"/></default:colgroup><default:thead><default:tr><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0"><i><b>Description of alcoholic product</b></i></p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0"><i><b> Rate of duty per litre of alcohol in the product</b></i></p></default:th></default:tr></default:thead><default:tbody><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Alcoholic products of an alcoholic strength of less than 3.5%</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£8.58</p></default:td></default:tr><default:tr><default:td><blockList xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="ordered alpha parens" ukl:Name="OrderedList" ukl:Type="alpha" ukl:Decoration="parens"><item><num>(a)</num><p>Still cider of an alcoholic strength of at least 3.5%</p></item><item><num>(b)</num><p>Sparkling cider of an alcoholic strength of at least 3.5% but not exceeding 5.5%</p></item></blockList></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£8.95</p></default:td></default:tr><default:tr><default:td><blockList xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="ordered alpha parens" ukl:Name="OrderedList" ukl:Type="alpha" ukl:Decoration="parens"><item><num>(a)</num><p>Beer, spirits, wine and other fermented products of an alcoholic strength of at least 3.5% (but less than 8.5%)</p></item><item><num>(b)</num><p>Sparkling cider of an alcoholic strength exceeding 5.5%</p></item></blockList></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£19.45</p></default:td></default:tr></default:tbody></default:table></foreign></tblock></content></hcontainer></quotedStructure><inline name="appendText">.</inline></mod></p></content></subsection><subsection eId="section-89-4"><num>(4)</num><content><p><mod>For Schedule 9 (duty discount for small producer alcoholic products)—<quotedStructure startQuote="“" endQuote="”" uk:context="schedule" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="schedule" ukl:Format="double"><hcontainer name="schedule"><num>Schedule 9</num><heading>Small producer alcoholic products: duty discount</heading><part><num>Part 1</num><heading>Alcoholic products, other than qualifying draught products, of an alcoholic strength of less than 8.5%</heading><content><tblock class="table" ukl:Orientation="portrait"><foreign><default:table xmlns="http://www.w3.org/1999/xhtml"><default:colgroup><default:col style="width:12%"/><default:col style="width:22%"/><default:col style="width:22%"/><default:col style="width:22%"/><default:col style="width:22%"/></default:colgroup><default:thead><default:tr><default:td colspan="5"><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0"><b>Alcoholic products, other than spirits, of an alcoholic strength of less than 3.5%</b></p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Discount band</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Start threshold (hectolitres)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">End threshold (hectolitres)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Marginal discount (£)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Cumulative discount (£)</p></default:td></default:tr></default:thead><default:tbody><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">1</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">0</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">5</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">9.96</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">2</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">5</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">50</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">2.53</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">49.80</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">3</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">50</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">100</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">1.52</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">163.74</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">4</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">100</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">200</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">0.51</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">239.71</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">5</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">200</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">600</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">290.35</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">6</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">600</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">1000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">290.35</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">7</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">1000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">4500</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-0.08</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">290.35</p></default:td></default:tr></default:tbody></default:table></foreign><foreign><default:table xmlns="http://www.w3.org/1999/xhtml"><default:colgroup><default:col style="width:12%"/><default:col style="width:22%"/><default:col style="width:22%"/><default:col style="width:22%"/><default:col style="width:22%"/></default:colgroup><default:thead><default:tr><default:td colspan="5"><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0"><b>Spirits of an alcoholic strength of less than 3.5%</b></p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Discount band</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Start threshold (hectolitres)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">End threshold (hectolitres)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Marginal discount (£)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Cumulative discount (£)</p></default:td></default:tr></default:thead><default:tbody><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">1</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">0</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">5</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">6.58</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">2</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">5</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">50</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">2.53</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">32.92</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">3</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">50</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">100</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">1.52</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">146.86</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">4</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">100</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">200</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">0.51</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">222.82</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">5</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">200</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">600</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">273.47</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">6</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">600</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">1000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">273.47</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">7</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">1000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">4500</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-0.08</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">273.47</p></default:td></default:tr></default:tbody></default:table></foreign></tblock><tblock class="table" ukl:Orientation="portrait"><foreign><default:table xmlns="http://www.w3.org/1999/xhtml"><default:colgroup><default:col style="width:12%"/><default:col style="width:22%"/><default:col style="width:22%"/><default:col style="width:22%"/><default:col style="width:22%"/></default:colgroup><default:thead><default:tr><default:td colspan="5"><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0"><b>Still cider of an alcoholic strength of at least 3.5%;</b><b>sparkling cider of an alcoholic strength of at least 3.5% but not exceeding 5.5%</b></p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Discount band</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Start threshold (hectolitres)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">End threshold (hectolitres)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Marginal discount (£)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Cumulative discount (£)</p></default:td></default:tr></default:thead><default:tbody><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">1</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">0</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">5</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">10.39</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">2</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">5</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">50</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">2.64</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">51.95</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">3</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">50</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">100</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">1.59</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">170.87</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">4</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">100</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">200</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">0.53</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">250.15</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">5</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">200</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">600</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">303</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">6</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">600</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">1000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">303</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">7</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">1000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">4500</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-0.09</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">303</p></default:td></default:tr></default:tbody></default:table></foreign></tblock><tblock class="table" ukl:Orientation="portrait"><foreign><default:table xmlns="http://www.w3.org/1999/xhtml"><default:colgroup><default:col style="width:12%"/><default:col style="width:22%"/><default:col style="width:22%"/><default:col style="width:22%"/><default:col style="width:22%"/></default:colgroup><default:thead><default:tr><default:td colspan="5"><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0"><b>Beer of an alcoholic strength of at least 3.5%</b></p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Discount band</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Start threshold (hectolitres)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">End threshold (hectolitres)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Marginal discount (£)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Cumulative discount (£)</p></default:td></default:tr></default:thead><default:tbody><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">1</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">0</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">5</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">20.67</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">2</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">5</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">112.5</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">11.48</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">103.34</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">3</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">112.5</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">225</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">10.33</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">1,337.72</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">4</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">225</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">450</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">5.74</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">2,500.33</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">5</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">450</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">900</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">3.44</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">3,792.12</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">6</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">900</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">1350</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">5,342.27</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">7</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">1350</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">4500</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-1.70</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">5,342.27</p></default:td></default:tr></default:tbody></default:table></foreign></tblock><tblock class="table" ukl:Orientation="portrait"><foreign><default:table xmlns="http://www.w3.org/1999/xhtml"><default:colgroup><default:col style="width:12%"/><default:col style="width:22%"/><default:col style="width:22%"/><default:col style="width:22%"/><default:col style="width:22%"/></default:colgroup><default:thead><default:tr><default:td colspan="5"><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0"><b>Wine and other fermented products of an alcoholic strength of at least 3.5%; sparkling cider of an alcoholic strength exceeding 5.5%</b></p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Discount band</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Start threshold (hectolitres)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">End threshold (hectolitres)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Marginal discount (£)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Cumulative discount (£)</p></default:td></default:tr></default:thead><default:tbody><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">1</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">0</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">5</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">26.61</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">2</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">5</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">50</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">2.71</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">133.05</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">3</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">50</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">100</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">2.71</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">254.84</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">4</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">100</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">200</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">1.35</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">390.16</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">5</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">200</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">600</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">525.48</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">6</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">600</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">1000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">525.48</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">7</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">1000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">4500</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-0.15</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">525.48</p></default:td></default:tr></default:tbody></default:table></foreign><foreign><default:table xmlns="http://www.w3.org/1999/xhtml"><default:colgroup><default:col style="width:12%"/><default:col style="width:22%"/><default:col style="width:22%"/><default:col style="width:22%"/><default:col style="width:22%"/></default:colgroup><default:thead><default:tr><default:td colspan="5"><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0"><b>Spirits of an alcoholic strength of at least 3.5%</b></p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Discount band</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Start threshold (hectolitres)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">End threshold (hectolitres)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Marginal discount (£)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Cumulative discount (£)</p></default:td></default:tr></default:thead><default:tbody><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">1</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">0</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">5</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">21.65</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">2</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">5</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">50</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">2.71</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">108.26</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">3</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">50</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">100</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">2.71</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">230.04</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">4</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">100</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">200</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">1.35</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">365.36</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">5</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">200</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">600</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">500.68</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">6</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">600</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">1000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">500.68</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">7</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">1000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">4500</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-0.14</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">500.68</p></default:td></default:tr></default:tbody></default:table></foreign></tblock></content></part><part><num>Part 2</num><heading>Qualifying draught products of an alcoholic strength of less than 8.5%</heading><content><tblock class="table" ukl:Orientation="portrait"><foreign><default:table xmlns="http://www.w3.org/1999/xhtml"><default:colgroup><default:col style="width:12%"/><default:col style="width:22%"/><default:col style="width:22%"/><default:col style="width:22%"/><default:col style="width:22%"/></default:colgroup><default:thead><default:tr><default:td colspan="5"><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0"><b>Alcoholic products, other than spirits, of an alcoholic strength of less than 3.5%</b></p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Discount band</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Start threshold (hectolitres)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">End threshold (hectolitres)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Marginal discount (£)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Cumulative discount (£)</p></default:td></default:tr></default:thead><default:tbody><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">1</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">0</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">5</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">8.58</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">2</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">5</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">50</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">2.18</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">42.90</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">3</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">50</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">100</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">1.31</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">141.06</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">4</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">100</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">200</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">0.44</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">206.50</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">5</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">200</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">600</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">250.12</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">6</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">600</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">1000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">250.12</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">7</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">1000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">4500</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-0.07</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">250.12</p></default:td></default:tr></default:tbody></default:table></foreign><foreign><default:table xmlns="http://www.w3.org/1999/xhtml"><default:colgroup><default:col style="width:12%"/><default:col style="width:22%"/><default:col style="width:22%"/><default:col style="width:22%"/><default:col style="width:22%"/></default:colgroup><default:thead><default:tr><default:td colspan="5"><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0"><b>Spirits of an alcoholic strength of less than 3.5%</b></p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Discount band</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Start threshold (hectolitres)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">End threshold (hectolitres)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Marginal discount (£)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Cumulative discount (£)</p></default:td></default:tr></default:thead><default:tbody><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">1</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">0</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">5</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">5.67</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">2</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">5</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">50</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">2.18</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">28.36</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">3</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">50</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">100</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">1.31</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">126.51</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">4</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">100</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">200</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">0.44</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">191.95</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">5</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">200</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">600</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">235.58</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">6</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">600</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">1000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">235.58</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">7</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">1000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">4500</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-0.07</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">235.58</p></default:td></default:tr></default:tbody></default:table></foreign></tblock><tblock class="table" ukl:Orientation="portrait"><foreign><default:table xmlns="http://www.w3.org/1999/xhtml"><default:colgroup><default:col style="width:12%"/><default:col style="width:22%"/><default:col style="width:22%"/><default:col style="width:22%"/><default:col style="width:22%"/></default:colgroup><default:thead><default:tr><default:td colspan="5"><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0"><b>Still cider of an alcoholic strength of at least 3.5%; sparkling cider of an alcoholic strength of at least 3.5% but not exceeding 5.5%</b></p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Discount band</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Start threshold (hectolitres)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">End threshold (hectolitres)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Marginal discount (£)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Cumulative discount (£)</p></default:td></default:tr></default:thead><default:tbody><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">1</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">0</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">5</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">8.95</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">2</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">5</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">50</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">2.28</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">44.75</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">3</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">50</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">100</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">1.37</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">147.19</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">4</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">100</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">200</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">0.46</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">215.48</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">5</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">200</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">600</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">261.01</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">6</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">600</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">1000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">261.01</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">7</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">1000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">4500</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-0.07</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">261.01</p></default:td></default:tr></default:tbody></default:table></foreign></tblock><tblock class="table" ukl:Orientation="portrait"><foreign><default:table xmlns="http://www.w3.org/1999/xhtml"><default:colgroup><default:col style="width:12%"/><default:col style="width:22%"/><default:col style="width:22%"/><default:col style="width:22%"/><default:col style="width:22%"/></default:colgroup><default:thead><default:tr><default:td colspan="5"><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0"><b>Beer of an alcoholic strength of at least 3.5%</b></p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Discount band</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Start threshold (hectolitres)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">End threshold (hectolitres)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Marginal discount (£)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Cumulative discount (£)</p></default:td></default:tr></default:thead><default:tbody><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">1</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">0</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">5</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">17.80</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">2</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">5</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">112.5</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">9.89</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">89.02</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">3</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">112.5</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">225</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">8.90</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">1,152.29</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">4</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">225</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">450</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">4.95</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">2,153.74</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">5</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">450</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">900</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">2.97</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">3,266.46</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">6</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">900</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">1350</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">4,601.73</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">7</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">1350</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">4500</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-1.46</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">4,601.73</p></default:td></default:tr></default:tbody></default:table></foreign></tblock><tblock class="table" ukl:Orientation="portrait"><foreign><default:table xmlns="http://www.w3.org/1999/xhtml"><default:colgroup><default:col style="width:12%"/><default:col style="width:22%"/><default:col style="width:22%"/><default:col style="width:22%"/><default:col style="width:22%"/></default:colgroup><default:thead><default:tr><default:td colspan="5"><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0"><b>Wine and other fermented products of an alcoholic strength of at least 3.5%; sparkling cider of an alcoholic strength exceeding 5.5%</b></p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Discount band</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Start threshold (hectolitres)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">End threshold (hectolitres)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Marginal discount (£)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Cumulative discount (£)</p></default:td></default:tr></default:thead><default:tbody><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">1</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">0</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">5</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">19.45</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">2</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">5</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">50</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">1.98</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">97.25</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">3</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">50</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">100</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">1.98</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">186.27</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">4</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">100</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">200</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">0.99</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">285.18</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">5</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">200</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">600</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">384.09</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">6</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">600</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">1000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">384.09</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">7</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">1000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">4500</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-0.11</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">384.09</p></default:td></default:tr></default:tbody></default:table></foreign><foreign><default:table xmlns="http://www.w3.org/1999/xhtml"><default:colgroup><default:col style="width:12%"/><default:col style="width:22%"/><default:col style="width:22%"/><default:col style="width:22%"/><default:col style="width:22%"/></default:colgroup><default:thead><default:tr><default:td colspan="5"><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0"><b>Spirits of an alcoholic strength of at least 3.5%</b></p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Discount band</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Start threshold (hectolitres)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">End threshold (hectolitres)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Marginal discount (£)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Cumulative discount (£)</p></default:td></default:tr></default:thead><default:tbody><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">1</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">0</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">5</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">15.83</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">2</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">5</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">50</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">1.98</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">79.13</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">3</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">50</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">100</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">1.98</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">168.15</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">4</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">100</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">200</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">0.99</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">267.05</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">5</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">200</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">600</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">365.96</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">6</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">600</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">1000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">365.96</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">7</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">1000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">4500</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-0.10</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">365.96</p></default:td></default:tr></default:tbody></default:table></foreign></tblock></content></part></hcontainer></quotedStructure><inline name="appendText">.</inline></mod></p></content></subsection><subsection eId="section-89-5"><num>(5)</num><intro><p>In consequence of the amendments made by the preceding subsections of this section, in Schedule 2 to the Travellers’ Allowances Order 1994 (which provides in certain circumstances for a simplified calculation of excise duty on goods brought into Great Britain)—</p></intro><level class="para1" eId="section-89-5-a"><num>(a)</num><content><p><mod>in the entry relating to beer, in the second column, for “£0.91” substitute <quotedText>“£0.95”</quotedText>,</mod></p></content></level><level class="para1" eId="section-89-5-b"><num>(b)</num><content><p><mod>in the entry relating to still wine, in the second column, for “£3.40” substitute <quotedText>“£3.52”</quotedText>,</mod></p></content></level><level class="para1" eId="section-89-5-c"><num>(c)</num><content><p><mod>in the entry relating to sparkling wine, in the second column, for “£3.40” substitute <quotedText>“£3.52”</quotedText>,</mod></p></content></level><level class="para1" eId="section-89-5-d"><num>(d)</num><content><p><mod>in the entry relating to cider, in the second column, for “£0.46” substitute <quotedText>“£0.48”</quotedText>,</mod></p></content></level><level class="para1" eId="section-89-5-e"><num>(e)</num><content><p><mod>in the entry relating to sparkling cider of an alcoholic strength not exceeding 5.5% by volume, in the second column, for “£0.46” substitute <quotedText>“£0.48”</quotedText>,</mod></p></content></level><level class="para1" eId="section-89-5-f"><num>(f)</num><content><p><mod>in the entry relating to sparkling cider of an alcoholic strength exceeding 5.5% but less than 8.5% by volume, in the second column, for “£1.80” substitute <quotedText>“£1.86”</quotedText>,</mod></p></content></level><level class="para1" eId="section-89-5-g"><num>(g)</num><content><p><mod>in the entry relating to other fermented products, in the second column, for “£3.40” substitute <quotedText>“£3.52”</quotedText>, and</mod></p></content></level><level class="para1" eId="section-89-5-h"><num>(h)</num><content><p><mod>in the entry relating to spirits, in the second column, for “£12.30” substitute <quotedText>“£12.75”</quotedText>.</mod></p></content></level></subsection><subsection eId="section-89-6"><num>(6)</num><content><p>The amendments made by this section are treated as having come into force on 1 February 2026.</p></content></subsection></section></hcontainer><hcontainer name="crossheading" ukl:Name="Pblock" eId="part-3-crossheading-tobacco-products-duty"><heading>Tobacco products duty</heading><section eId="section-90"><num>90</num><heading>Rates of duty effective from 6pm on 26 November 2025</heading><subsection eId="section-90-1"><num>(1)</num><content><p><mod>In Schedule 1 to TPDA 1979 (table of rates of tobacco products duty), for the Table substitute—<quotedStructure startQuote="“" endQuote="”" uk:context="schedule" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="schedule" ukl:Format="double"><tblock class="table" ukl:Orientation="portrait"><heading>TABLE</heading><foreign><default:table xmlns="http://www.w3.org/1999/xhtml"><default:colgroup><default:col span="1" style="width:40%"/><default:col span="1" style="width:60%"/></default:colgroup><default:tbody><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">1 Cigarettes</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">An amount equal to the higher of—</p><blockList xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="ordered alpha parens" ukl:Name="OrderedList" ukl:Type="alpha" ukl:Decoration="parens"><item><num>(a)</num><p>16.5% of the retail price plus £353.50 per thousand cigarettes, or</p></item><item><num>(b)</num><p>£471.93 per thousand cigarettes.</p></item></blockList></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">2 Cigars</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£440.93 per kilogram</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">3 Hand-rolling tobacco</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£503.80 per kilogram</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">4 Other smoking tobacco and chewing tobacco</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£193.87 per kilogram</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">5 Tobacco for heating</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£363.36 per kilogram</p></default:td></default:tr></default:tbody></default:table></foreign></tblock></quotedStructure><inline name="appendText">.</inline></mod></p></content></subsection><subsection eId="section-90-2"><num>(2)</num><intro><p>In consequence of the provision made by <ref href="#section-90-1">subsection (1)</ref>, in Schedule 2 to the Travellers’ Allowances Order 1994 (which provides in certain circumstances for a simplified calculation of excise duty on goods brought into Great Britain)—</p></intro><level class="para1" eId="section-90-2-a"><num>(a)</num><content><p><mod>in the entry relating to cigarettes, for “£446.67” substitute <quotedText>“£471.93”</quotedText>,</mod></p></content></level><level class="para1" eId="section-90-2-b"><num>(b)</num><content><p><mod>in the entry relating to hand rolling tobacco, for “£476.83” substitute <quotedText>“£503.80”</quotedText>,</mod></p></content></level><level class="para1" eId="section-90-2-c"><num>(c)</num><content><p><mod>in the entry relating to other smoking tobacco and chewing tobacco, for “£183.49” substitute <quotedText>“£193.87”</quotedText>,</mod></p></content></level><level class="para1" eId="section-90-2-d"><num>(d)</num><content><p><mod>in the entry relating to cigars, for “£417.33” substitute <quotedText>“£440.93”</quotedText>,</mod></p></content></level><level class="para1" eId="section-90-2-e"><num>(e)</num><content><p><mod>in the entry relating to cigarillos, for “£417.33” substitute <quotedText>“£440.93”</quotedText>, and</mod></p></content></level><level class="para1" eId="section-90-2-f"><num>(f)</num><content><p><mod>in the entry relating to tobacco for heating, for “£103.17” substitute <quotedText>“£109.01”</quotedText>.</mod></p></content></level></subsection><subsection eId="section-90-3"><num>(3)</num><content><p>The amendments made by this section are treated as having come into force at 6pm on 26 November 2025.</p></content></subsection></section><section eId="section-91"><num>91</num><heading>Rates of duty effective from 1 October 2026</heading><subsection eId="section-91-1"><num>(1)</num><content><p><mod>In Schedule 1 to TPDA 1979 (table of rates of tobacco products duty), for the Table substitute—<quotedStructure startQuote="“" endQuote="”" uk:context="schedule" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="schedule" ukl:Format="double"><tblock class="table" ukl:Orientation="portrait"><heading>TABLE</heading><foreign><default:table xmlns="http://www.w3.org/1999/xhtml"><default:colgroup><default:col span="1" style="width:30%"/><default:col span="1" style="width:70%"/></default:colgroup><default:tbody><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">1 Cigarettes</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">An amount equal to the higher of—</p><blockList xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="ordered alpha parens" ukl:Name="OrderedList" ukl:Type="alpha" ukl:Decoration="parens"><item><num>(a)</num><p>16.5% of the retail price plus £394.09 per thousand cigarettes, or</p></item><item><num>(b)</num><p>£518.75 per thousand cigarettes.</p></item></blockList></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">2 Cigars</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£508.12 per kilogram</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">3 Hand-rolling tobacco</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£574.30 per kilogram</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">4 Other smoking tobacco and chewing tobacco</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£248.07 per kilogram</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">5 Tobacco for heating</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£426.47 per kilogram</p></default:td></default:tr></default:tbody></default:table></foreign></tblock></quotedStructure><inline name="appendText">.</inline></mod></p></content></subsection><subsection eId="section-91-2"><num>(2)</num><intro><p>In consequence of the provision made by <ref href="#section-90-1">subsection (1)</ref>, in Schedule 2 to the Travellers’ Allowances Order 1994 (which provides in certain circumstances for a simplified calculation of excise duty on goods brought into Great Britain)—</p></intro><level class="para1" eId="section-91-2-a"><num>(a)</num><content><p><mod>in the entry relating to cigarettes, for “£471.93” substitute <quotedText>“£518.75”</quotedText>,</mod></p></content></level><level class="para1" eId="section-91-2-b"><num>(b)</num><content><p><mod>in the entry relating to hand rolling tobacco, for “£503.80” substitute <quotedText>“£574.30”</quotedText>,</mod></p></content></level><level class="para1" eId="section-91-2-c"><num>(c)</num><content><p><mod>in the entry relating to other smoking tobacco and chewing tobacco, for “£193.87” substitute <quotedText>“£248.07”</quotedText>,</mod></p></content></level><level class="para1" eId="section-91-2-d"><num>(d)</num><content><p><mod>in the entry relating to cigars, for “£440.93” substitute <quotedText>“£508.12”</quotedText>,</mod></p></content></level><level class="para1" eId="section-91-2-e"><num>(e)</num><content><p><mod>in the entry relating to cigarillos, for “£440.93” substitute <quotedText>“£508.12”</quotedText>, and</mod></p></content></level><level class="para1" eId="section-91-2-f"><num>(f)</num><content><p><mod>in the entry relating to tobacco for heating, for “£109.01” substitute <quotedText>“£127.94”</quotedText>.</mod></p></content></level></subsection><subsection eId="section-91-3"><num>(3)</num><content><p>The amendments made by this section come into force on 1 October 2026.</p></content></subsection></section></hcontainer><hcontainer name="crossheading" ukl:Name="Pblock" eId="part-3-crossheading-taxes-relating-to-vehicles"><heading>Taxes relating to vehicles</heading><section eId="section-92"><num>92</num><heading>Vehicle excise duty for light passenger or light goods vehicles etc</heading><subsection eId="section-92-1"><num>(1)</num><content><p>Schedule 1 to VERA 1994 (annual rates of vehicle excise duty) is amended as follows.</p></content></subsection><subsection eId="section-92-2"><num>(2)</num><intro><p>In paragraph 1 (general rate)—</p></intro><level class="para1" eId="section-92-2-a"><num>(a)</num><content><p><mod>in sub-paragraph (2) (vehicle not covered elsewhere in Schedule with engine cylinder capacity exceeding 1,549cc), for “£360” substitute <quotedText>“£375”</quotedText>, and</mod></p></content></level><level class="para1" eId="section-92-2-b"><num>(b)</num><content><p><mod>in sub-paragraph (2A) (vehicle not covered elsewhere in Schedule with engine cylinder capacity not exceeding 1,549cc), for “£220” substitute <quotedText>“£230”</quotedText>.</mod></p></content></level></subsection><subsection eId="section-92-3"><num>(3)</num><content><p><mod>In paragraph 1B, for the Table substitute—<quotedStructure startQuote="“" endQuote="”" uk:context="schedule" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="schedule" ukl:Format="double"><tblock class="table" ukl:Orientation="portrait"><foreign><default:table xmlns="http://www.w3.org/1999/xhtml"><default:colgroup><default:col span="1" style="width:35%"/><default:col span="1" style="width:35%"/><default:col span="1" style="width:30%"/></default:colgroup><default:thead><default:tr><default:td colspan="2"><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">CO2 Emissions Figure</p></default:td></default:tr></default:thead><default:tbody><default:tr><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">(1)</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">(2)</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">(3)</p></default:th></default:tr><default:tr><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Exceeding or, in the first row, equal to or exceeding</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Not exceeding</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Rate</p></default:th></default:tr><default:tr><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">g/km</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">g/km</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£</p></default:th></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">0</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">100</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">20</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">100</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">110</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">20</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">110</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">120</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">35</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">120</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">130</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">170</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">130</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">140</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">200</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">140</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">150</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">225</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">150</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">165</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">275</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">165</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">175</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">325</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">175</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">185</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">360</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">185</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">200</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">410</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">200</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">225</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">445</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">225</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">255</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">760</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">255</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">—</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">790</p></default:td></default:tr></default:tbody></default:table></foreign></tblock></quotedStructure><inline name="appendText">.</inline></mod></p></content></subsection><subsection eId="section-92-4"><num>(4)</num><content><p><mod>In the sentence immediately following the Table in that paragraph, for the words from “as if” to the end substitute <quotedText>“as if, in column (3), in the last two rows, “445” were substituted for “760” and “790”.”</quotedText></mod></p></content></subsection><subsection eId="section-92-5"><num>(5)</num><content><p><mod>In paragraph 1GC, for Table 1 (vehicles other than higher rate diesel vehicles) substitute—<quotedStructure startQuote="“" endQuote="”" uk:context="schedule" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="schedule" ukl:Format="double"><tblock class="table" ukl:Orientation="portrait"><foreign><default:table xmlns="http://www.w3.org/1999/xhtml"><default:colgroup><default:col span="1" style="width:35%"/><default:col span="1" style="width:35%"/><default:col span="1" style="width:30%"/></default:colgroup><default:thead><default:tr><default:td colspan="2"><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">CO2 Emissions Figure</p></default:td></default:tr></default:thead><default:tbody><default:tr><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">(1)</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">(2)</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">(3)</p></default:th></default:tr><default:tr><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Exceeding or, in the first row, equal to</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Not exceeding</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0"> Rate</p></default:th></default:tr><default:tr><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">g/km</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">g/km</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£</p></default:th></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">0</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">0</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">10</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">0</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">50</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">115</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">50</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">75</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">135</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">75</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">90</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">280</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">90</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">100</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">365</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">100</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">110</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">405</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">110</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">130</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">455</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">130</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">150</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">560</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">150</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">170</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">1410</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">170</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">190</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">2270</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">190</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">225</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">3420</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">225</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">255</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">4850</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">255</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">—</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">5690</p></default:td></default:tr></default:tbody></default:table></foreign></tblock></quotedStructure><inline name="appendText">.</inline></mod></p></content></subsection><subsection eId="section-92-6"><num>(6)</num><content><p><mod>In that paragraph, for Table 2 (higher rate diesel vehicles) substitute—<quotedStructure startQuote="“" endQuote="”" uk:context="schedule" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="schedule" ukl:Format="double"><tblock class="table" ukl:Orientation="portrait"><foreign><default:table xmlns="http://www.w3.org/1999/xhtml"><default:colgroup><default:col span="1" style="width:35%"/><default:col span="1" style="width:35%"/><default:col span="1" style="width:30%"/></default:colgroup><default:thead><default:tr><default:td colspan="2"><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">CO2 Emissions Figure</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Rate</p></default:td></default:tr></default:thead><default:tbody><default:tr><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">(1)</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">(2)</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">(3)</p></default:th></default:tr><default:tr><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Exceeding or, in the first row, equal to or exceeding</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Not exceeding</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Rate</p></default:th></default:tr><default:tr><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">g/km</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">g/km</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£</p></default:th></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">0</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">50</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">135</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">50</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">75</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">280</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">75</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">90</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">365</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">90</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">100</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">405</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">100</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">110</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">455</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">110</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">130</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">560</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">130</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">150</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">1410</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">150</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">170</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">2270</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">170</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">190</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">3420</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">190</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">225</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">4850</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">225</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">255</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">5690</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">255</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">—</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">5690</p></default:td></default:tr></default:tbody></default:table></foreign></tblock></quotedStructure><inline name="appendText">.</inline></mod></p></content></subsection><subsection eId="section-92-7"><num>(7)</num><content><p><mod>In paragraph 1GD(1)(rates for any other licence for light passenger vehicles registered on or after 1 April 2017), for “£195” substitute <quotedText>“£200”</quotedText>.</mod></p></content></subsection><subsection eId="section-92-8"><num>(8)</num><content><p><mod>In paragraph 1GE(2) (rates for light passenger vehicles registered on or after 1 April 2017 with a price exceeding £40,000), for “£620” substitute <quotedText>“£640”</quotedText>.</mod></p></content></subsection><subsection eId="section-92-9"><num>(9)</num><content><p><mod>In paragraph 1J(a) (rates for light goods vehicles that are not pre-2007 or post-2008 lower emission vans), for “£345” substitute <quotedText>“£360”</quotedText>.</mod></p></content></subsection><subsection eId="section-92-10"><num>(10)</num><intro><p>In paragraph 2(1) (rates for motorcycles)—</p></intro><level class="para1" eId="section-92-10-a"><num>(a)</num><content><p><mod>in paragraph (a) (engine cylinder capacity not exceeding 150cc), for “£26” substitute <quotedText>“£27”</quotedText>,</mod></p></content></level><level class="para1" eId="section-92-10-b"><num>(b)</num><content><p><mod>in paragraph (b) (motorbicycles with engine cylinder capacity exceeding 150cc but not exceeding 400cc), for “£57” substitute <quotedText>“£59”</quotedText>,</mod></p></content></level><level class="para1" eId="section-92-10-c"><num>(c)</num><content><p><mod>in paragraph (c) (motorbicycles with engine cylinder capacity exceeding 400cc but not exceeding 600cc), for “£87” substitute <quotedText>“£90”</quotedText>, and</mod></p></content></level><level class="para1" eId="section-92-10-d"><num>(d)</num><content><p><mod>in paragraph (d) (other cases), for “£121” substitute <quotedText>“£125”</quotedText>.</mod></p></content></level></subsection><subsection eId="section-92-11"><num>(11)</num><content><p>The amendments made by this section have effect in relation to licences taken out on or after 1 April 2026.</p></content></subsection></section><section eId="section-93"><num>93</num><heading>Vehicle excise duty for rigid goods vehicles without trailers and tractive units</heading><subsection eId="section-93-1"><num>(1)</num><content><p>Schedule 1 to VERA 1994 (annual rates of vehicle excise duty) is amended as follows.</p></content></subsection><subsection eId="section-93-2"><num>(2)</num><content><p><mod>In paragraph 9 (rigid goods vehicles exceeding 3,500 kgs revenue weight), for the table in sub-paragraph (1) substitute—<quotedStructure startQuote="“" endQuote="”" uk:context="schedule" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="schedule" ukl:Format="double"><tblock class="table" ukl:Orientation="portrait"><foreign><default:table xmlns="http://www.w3.org/1999/xhtml"><default:colgroup><default:col span="1" style="width:20%"/><default:col span="1" style="width:20%"/><default:col span="1" style="width:20%"/><default:col span="1" style="width:20%"/><default:col span="1" style="width:20%"/></default:colgroup><default:thead><default:tr><default:th colspan="2"><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0"><i><b>Revenue weight of vehicle</b></i></p></default:th><default:th colspan="3"><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0"><i><b>Rate</b></i></p></default:th></default:tr><default:tr><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">(1)</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">(2)</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">(3)</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">(4)</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">(5)</p></default:th></default:tr><default:tr><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Exceeding</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Not exceeding</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Two axle vehicle</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Three axle vehicle</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Four or more axle vehicle</p></default:th></default:tr><default:tr><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">kgs</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">kgs</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£</p></default:th></default:tr></default:thead><default:tbody><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">3,500</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">7,500</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">177</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">177</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">177</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">7,500</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">11,999</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">215</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">215</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">215</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">11,999</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">14,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">102</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">102</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">102</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">14,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">15,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">113</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">102</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">102</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">15,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">19,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">322</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">102</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">102</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">19,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">21,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">322</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">135</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">102</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">21,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">23,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">322</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">226</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">102</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">23,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">25,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">322</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">322</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">226</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">25,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">27,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">322</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">322</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">322</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">27,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">44,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">322</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">322</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">601</p></default:td></default:tr></default:tbody></default:table></foreign></tblock></quotedStructure><inline name="appendText">.</inline></mod></p></content></subsection><subsection eId="section-93-3"><num>(3)</num><content><p><mod>In paragraph 11(1) (tractive units), for Table 1 and Table 2 substitute—<quotedStructure startQuote="“" endQuote="”" uk:context="schedule" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="schedule" ukl:Format="double"><tblock class="table" ukl:Orientation="portrait"><num>Table 1</num><heading><inline name="smallCaps">Tractive unit with two axles</inline></heading><foreign><default:table xmlns="http://www.w3.org/1999/xhtml"><default:colgroup><default:col span="1" style="width:20%"/><default:col span="1" style="width:20%"/><default:col span="1" style="width:20%"/><default:col span="1" style="width:20%"/><default:col span="1" style="width:20%"/></default:colgroup><default:thead><default:tr><default:th colspan="2"><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Revenue weight of vehicle</p></default:th><default:th colspan="3"><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Rate</p></default:th></default:tr><default:tr><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">(1)</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">(2)</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">(3)</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">(4)</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">(5)</p></default:th></default:tr><default:tr><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Exceeding</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Not exceeding</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Any no of semi-trailer axles</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">2 or more semi-trailer axles</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">3 or more semi-trailer axles</p></default:th></default:tr><default:tr><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">kgs</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">kgs</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£</p></default:th></default:tr></default:thead><default:tbody><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">3,500</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">11,999</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">177</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">177</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">177</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">11,999</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">22,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">86</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">86</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">86</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">22,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">23,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">90</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">86</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">86</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">23,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">25,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">163</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">86</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">86</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">25,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">26,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">285</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">108</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">86</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">26,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">28,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">285</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">157</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">86</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">28,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">31,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">322</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">322</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">86</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">31,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">33,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">601</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">601</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">226</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">33,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">34,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">601</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">654</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">226</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">34,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">38,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">741</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">741</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">601</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">38,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">44,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">913</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">913</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">913</p></default:td></default:tr></default:tbody></default:table></foreign></tblock><tblock class="table" ukl:Orientation="portrait"><num>Table 2</num><heading><inline name="smallCaps">Tractive unit with three or more axles</inline></heading><foreign><default:table xmlns="http://www.w3.org/1999/xhtml"><default:colgroup><default:col span="1" style="width:20%"/><default:col span="1" style="width:20%"/><default:col span="1" style="width:20%"/><default:col span="1" style="width:20%"/><default:col span="1" style="width:20%"/></default:colgroup><default:thead><default:tr><default:th colspan="2"><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Revenue weight of vehicle</p></default:th><default:th colspan="3"><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Rate</p></default:th></default:tr></default:thead><default:tbody><default:tr><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">(1)</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">(2)</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">(3)</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">(4)</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">(5)</p></default:th></default:tr><default:tr><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Exceeding</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Not exceeding</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Any no of semi-trailer axles</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">2 or more semi-trailer axles</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">3 or more semi-trailer axles</p></default:th></default:tr><default:tr><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">kgs</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">kgs</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£</p></default:th></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">3,500</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">11,999</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">177</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">177</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">177</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">11,999</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">25,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">86</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">86</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">86</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">25,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">26,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">108</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">86</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">86</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">26,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">28,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">157</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">86</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">86</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">28,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">29,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">226</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">86</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">86</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">29,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">31,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">311</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">86</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">86</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">31,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">33,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">601</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">226</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">86</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">33,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">34,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">654</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">322</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">86</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">34,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">36,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">654</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">322</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">226</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">36,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">38,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">741</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">601</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">322</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">38,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">44,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">913</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">913</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">601</p></default:td></default:tr></default:tbody></default:table></foreign></tblock></quotedStructure><inline name="appendText">.</inline></mod></p></content></subsection><subsection eId="section-93-4"><num>(4)</num><content><p>The amendments made by this section have effect in relation to licences taken out on or after 1 April 2026.</p></content></subsection></section><section eId="section-94"><num>94</num><heading>Vehicle excise duty for rigid goods vehicles with trailers</heading><subsection eId="section-94-1"><num>(1)</num><content><p><mod>In paragraph 10 of Schedule 1 to VERA 1994 (supplement to annual rate of duty for rigid goods vehicles with trailers), in sub-paragraph (6), for the Tables 1 to 6 substitute—<quotedStructure startQuote="“" endQuote="”" uk:context="schedule" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="schedule" ukl:Format="double"><tblock class="table" ukl:Orientation="portrait"><num>Table 1</num><heading>Vehicles with road-friendly suspension and 2 axles</heading><foreign><default:table xmlns="http://www.w3.org/1999/xhtml"><default:colgroup><default:col span="1" style="width:18%"/><default:col span="1" style="width:16%"/><default:col span="1" style="width:16%"/><default:col span="1" style="width:16%"/><default:col span="1" style="width:16%"/><default:col span="1" style="width:18%"/></default:colgroup><default:thead><default:tr><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0"><i><b>Vehicle excise duty band</b></i></p></default:th><default:th colspan="2"><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0"><i><b>Plated gross weight of trailer</b></i></p></default:th><default:th colspan="2"><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0"><i><b>Total weight</b></i></p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0"><i><b>Rate</b></i></p></default:th></default:tr><default:tr><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">(1)</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">(2)</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">(3)</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">(4)</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">(5)</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">(6)</p></default:th></default:tr><default:tr><default:th/><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Exceeding (kgs)</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Not exceeding (kgs)</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Exceeding (kgs)</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Not exceeding (kgs)</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£</p></default:th></default:tr></default:thead><default:tbody><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">B(T)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">4,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">12,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">27,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">247</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">B(T)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">12,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">33,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">317</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">B(T)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">12,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">33,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">36,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">431</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">B(T)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">12,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">36,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">38,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">343</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">B(T)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">12,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">38,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">477</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">D(T)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">4,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">12,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">30,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">392</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">D(T)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">12,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">38,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">462</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">D(T)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">12,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">38,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">477</p></default:td></default:tr></default:tbody></default:table></foreign></tblock><tblock class="table" ukl:Orientation="portrait"><num>Table 2</num><heading>Vehicles with road-friendly suspension and 3 axles</heading><foreign><default:table xmlns="http://www.w3.org/1999/xhtml"><default:colgroup><default:col span="1" style="width:18%"/><default:col span="1" style="width:16%"/><default:col span="1" style="width:16%"/><default:col span="1" style="width:16%"/><default:col span="1" style="width:16%"/><default:col span="1" style="width:18%"/></default:colgroup><default:thead><default:tr><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0"><i><b>Vehicle excise duty band</b></i></p></default:th><default:th colspan="2"><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0"><i><b>Plated gross weight of trailer</b></i></p></default:th><default:th colspan="2"><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0"><i><b>Total weight</b></i></p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0"><i><b>Rate</b></i></p></default:th></default:tr><default:tr><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">(1)</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">(2)</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">(3)</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">(4)</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">(5)</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">(6)</p></default:th></default:tr><default:tr><default:th/><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Exceeding (kgs)</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Not exceeding (kgs)</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Exceeding (kgs)</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Not exceeding (kgs)</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£</p></default:th></default:tr></default:thead><default:tbody><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">B(T)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">4,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">12,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">33,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">247</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">B(T)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">12,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">38,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">317</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">B(T)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">12,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">38,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">40,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">421</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">B(T)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">12,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">40,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">317</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">C(T)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">4,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">12,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">35,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">328</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">C(T)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">12,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">38,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">397</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">C(T)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">12,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">38,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">40,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">421</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">C(T)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">12,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">40,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">397</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">D(T)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">4,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">10,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">33,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">392</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">D(T)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">4,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">10,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">33,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">36,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">431</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">D(T)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">10,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">12,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">38,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">392</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">D(T)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">12,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">462</p></default:td></default:tr></default:tbody></default:table></foreign></tblock><tblock class="table" ukl:Orientation="portrait"><num>Table 3</num><heading>Vehicles with road-friendly suspension and 4 or more axles</heading><foreign><default:table xmlns="http://www.w3.org/1999/xhtml"><default:colgroup><default:col span="1" style="width:18%"/><default:col span="1" style="width:16%"/><default:col span="1" style="width:16%"/><default:col span="1" style="width:16%"/><default:col span="1" style="width:16%"/><default:col span="1" style="width:18%"/></default:colgroup><default:thead><default:tr><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0"><i><b>Vehicle excise duty band</b></i></p></default:th><default:th colspan="2"><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0"><i><b>Plated gross weight of trailer</b></i></p></default:th><default:th colspan="2"><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0"><i><b>Total weight</b></i></p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0"><i><b>Rate</b></i></p></default:th></default:tr><default:tr><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">(1)</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">(2)</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">(3)</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">(4)</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">(5)</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">(6)</p></default:th></default:tr><default:tr><default:th/><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Exceeding (kgs)</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Not exceeding (kgs)</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Exceeding (kgs)</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Not exceeding (kgs)</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£</p></default:th></default:tr></default:thead><default:tbody><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">B(T)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">4,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">12,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">35,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">247</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">B(T)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">12,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">317</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">C(T)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">4,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">12,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">37,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">328</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">C(T)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">12,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">397</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">D(T)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">4,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">12,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">39,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">392</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">D(T)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">12,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">462</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">E(T)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">4,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">12,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">575</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">E(T)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">12,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">645</p></default:td></default:tr></default:tbody></default:table></foreign></tblock><tblock class="table" ukl:Orientation="portrait"><num>Table 4</num><heading>Vehicles without road-friendly suspension with 2 axles</heading><foreign><default:table xmlns="http://www.w3.org/1999/xhtml"><default:colgroup><default:col span="1" style="width:18%"/><default:col span="1" style="width:16%"/><default:col span="1" style="width:16%"/><default:col span="1" style="width:16%"/><default:col span="1" style="width:16%"/><default:col span="1" style="width:18%"/></default:colgroup><default:thead><default:tr><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0"><i><b>Vehicle excise duty band</b></i></p></default:th><default:th colspan="2"><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0"><i><b>Plated gross weight of trailer</b></i></p></default:th><default:th colspan="2"><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0"><i><b>Total weight</b></i></p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0"><i><b>Rate</b></i></p></default:th></default:tr><default:tr><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">(1)</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">(2)</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">(3)</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">(4)</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">(5)</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">(6)</p></default:th></default:tr><default:tr><default:th/><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Exceeding (kgs)</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Not exceeding (kgs)</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Exceeding (kgs)</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Not exceeding (kgs)</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£</p></default:th></default:tr></default:thead><default:tbody><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">B(T)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">4,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">12,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">27,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">247</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">B(T)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">12,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">31,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">317</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">B(T)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">12,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">31,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">33,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">431</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">B(T)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">12,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">33,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">36,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">654</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">B(T)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">12,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">36,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">38,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">477</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">B(T)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">12,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">38,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">649</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">D(T)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">4,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">12,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">30,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">392</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">D(T)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">12,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">33,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">462</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">D(T)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">12,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">33,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">36,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">654</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">D(T)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">12,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">36,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">38,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">477</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">D(T)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">12,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">38,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">649</p></default:td></default:tr></default:tbody></default:table></foreign></tblock><tblock class="table" ukl:Orientation="portrait"><num>Table 5</num><heading>Vehicles without road-friendly suspension with 3 axles</heading><foreign><default:table xmlns="http://www.w3.org/1999/xhtml"><default:colgroup><default:col span="1" style="width:18%"/><default:col span="1" style="width:16%"/><default:col span="1" style="width:16%"/><default:col span="1" style="width:16%"/><default:col span="1" style="width:16%"/><default:col span="1" style="width:18%"/></default:colgroup><default:thead><default:tr><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0"><i><b>Vehicle excise duty band</b></i></p></default:th><default:th colspan="2"><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0"><i><b>Plated gross weight of trailer</b></i></p></default:th><default:th colspan="2"><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0"><i><b>Total weight</b></i></p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0"><i><b>Rate</b></i></p></default:th></default:tr><default:tr><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">(1)</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">(2)</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">(3)</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">(4)</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">(5)</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">(6)</p></default:th></default:tr><default:tr><default:th/><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Exceeding (kgs)</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Not exceeding (kgs)</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Exceeding (kgs)</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Not exceeding (kgs)</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£</p></default:th></default:tr></default:thead><default:tbody><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">B(T)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">4,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">10,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">29,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">247</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">B(T)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">4,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">10,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">29,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">31,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">311</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">B(T)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">10,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">12,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">33,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">247</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">B(T)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">12,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">36,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">317</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">B(T)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">12,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">36,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">38,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">421</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">B(T)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">12,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">38,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">583</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">C(T)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">4,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">10,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">31,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">328</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">C(T)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">4,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">10,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">31,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">33,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">431</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">C(T)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">10,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">12,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">35,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">328</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">C(T)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">12,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">36,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">397</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">C(T)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">12,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">36,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">38,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">421</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">C(T)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">12,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">38,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">583</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">D(T)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">4,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">10,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">31,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">392</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">D(T)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">4,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">10,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">31,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">33,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">431</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">D(T)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">4,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">10,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">33,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">35,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">654</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">D(T)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">10,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">12,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">36,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">392</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">D(T)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">10,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">12,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">36,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">37,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">421</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">D(T)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">12,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">38,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">462</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">D(T)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">12,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">38,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">583</p></default:td></default:tr></default:tbody></default:table></foreign></tblock><tblock class="table" ukl:Orientation="portrait"><num>Table 6</num><heading>Vehicles without road-friendly suspension with 4 or more axles</heading><foreign><default:table xmlns="http://www.w3.org/1999/xhtml"><default:colgroup><default:col span="1" style="width:18%"/><default:col span="1" style="width:16%"/><default:col span="1" style="width:16%"/><default:col span="1" style="width:16%"/><default:col span="1" style="width:16%"/><default:col span="1" style="width:18%"/></default:colgroup><default:thead><default:tr><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0"><i><b>Vehicle excise duty band</b></i></p></default:th><default:th colspan="2"><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0"><i><b>Plated gross weight of trailer</b></i></p></default:th><default:th colspan="2"><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0"><i><b>Total weight</b></i></p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0"><i><b>Rate</b></i></p></default:th></default:tr><default:tr><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">(1)</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">(2)</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">(3)</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">(4)</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">(5)</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">(6)</p></default:th></default:tr><default:tr><default:th/><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Exceeding (kgs)</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Not exceeding (kgs)</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Exceeding (kgs)</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Not exceeding (kgs)</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£</p></default:th></default:tr></default:thead><default:tbody><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">B(T)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">4,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">12,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">35,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">247</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">B(T)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">12,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">317</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">C(T)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">4,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">12,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">37,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">328</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">C(T)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">12,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">397</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">D(T)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">4,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">10,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">36,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">392</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">D(T)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">4,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">10,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">36,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">37,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">477</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">D(T)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">10,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">12,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">39,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">392</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">D(T)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">12,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">462</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">E(T)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">4,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">10,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">38,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">575</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">E(T)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">4,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">10,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">38,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">649</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">E(T)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">10,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">12,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">575</p></default:td></default:tr></default:tbody></default:table></foreign></tblock></quotedStructure><inline name="appendText">.</inline></mod></p></content></subsection><subsection eId="section-94-2"><num>(2)</num><content><p><mod>In that paragraph, in sub-paragraph (7), for “£631” substitute <quotedText>“£654”</quotedText>.</mod></p></content></subsection><subsection eId="section-94-3"><num>(3)</num><content><p>The amendments made by this section have effect in relation to licences taken out on or after 1 April 2026.</p></content></subsection></section><section eId="section-95"><num>95</num><heading>Vehicle excise duty for vehicles with exceptional loads etc</heading><subsection eId="section-95-1"><num>(1)</num><intro><p>In—</p></intro><level class="para1" eId="section-95-1-a"><num>(a)</num><content><p>paragraph 6(2A)(a) of Schedule 1 to VERA 1994 (vehicles with exceptional loads),</p></content></level><level class="para1" eId="section-95-1-b"><num>(b)</num><content><p>paragraph 9(3) of that Schedule (rigid goods vehicle which has weight exceeding 44,000 kg and is not an island goods vehicle), and</p></content></level><level class="para1" eId="section-95-1-c"><num>(c)</num><content><p>paragraph 11(3) of that Schedule (tractive unit vehicle which has weight exceeding 44,000 kg and is not an island goods vehicle),</p></content></level><wrapUp><p><mod>for “£1,643” substitute <quotedText>“£1,703”</quotedText>.</mod></p></wrapUp></subsection><subsection eId="section-95-2"><num>(2)</num><content><p>The amendments made by this section have effect in relation to licences taken out on or after 1 April 2026.</p></content></subsection></section><section eId="section-96"><num>96</num><heading>Vehicle excise duty for haulage vehicles other than showman’s vehicles</heading><subsection eId="section-96-1"><num>(1)</num><content><p>In paragraph 7(3A) of Schedule 1 to VERA 1994 (which specifies the rate applicable to haulage vehicles other than showman’s vehicles), for £365” substitute “£380”.</p></content></subsection><subsection eId="section-96-2"><num>(2)</num><content><p>The amendment made by this section has effect in relation to licences taken out on or after 1 April 2026.</p></content></subsection></section><section eId="section-97"><num>97</num><heading>Vehicle excise duty: expensive car supplement</heading><subsection eId="section-97-1"><num>(1)</num><intro><p>In paragraph 1GE of Schedule 1 to VERA 1994 (rates for light passenger vehicles registered on or after 1 April 2017 with a price exceeding £40,000)—</p></intro><level class="para1" eId="section-97-1-a"><num>(a)</num><content><p><mod>in sub-paragraph (1)(a), for “£40,000” substitute <quotedText>“the applicable amount”</quotedText>, and</mod></p></content></level><level class="para1" eId="section-97-1-b"><num>(b)</num><content><p><mod>after sub-paragraph (1) insert—<quotedStructure startQuote="“" endQuote="”" uk:context="schedule" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="schedule" ukl:Format="double"><subparagraph><num>(1A)</num><intro><p>For the purposes of sub-paragraph (1) “the applicable amount” is—</p></intro><level class="para1"><num>(a)</num><content><p>in the case of a vehicle whose applicable CO2 emissions figure in grams per kilometre driven is zero, £50,000, and</p></content></level><level class="para1"><num>(b)</num><content><p>in any other case, £40,000.</p></content></level></subparagraph></quotedStructure></mod></p></content></level></subsection><subsection eId="section-97-2"><num>(2)</num><content><p>The amendments made by this section have effect in relation to any licence where the period for which the licence has effect begins on or after 1 April 2026 (whenever the licence is taken out).</p></content></subsection></section><section eId="section-98"><num>98</num><heading>Rates of HGV road user levy</heading><subsection eId="section-98-1"><num>(1)</num><content><p>Schedule 1 to the HGV Road User Levy Act 2013 (rates of the levy) is amended as follows.</p></content></subsection><subsection eId="section-98-2"><num>(2)</num><content><p><mod>In paragraph 5, for Table 1 substitute—<quotedStructure startQuote="“" endQuote="”" uk:context="schedule" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="schedule" ukl:Format="double"><tblock class="table" ukl:Orientation="portrait"><heading>TABLE 1: VEHICLES MEETING EURO 6 EMISSIONS STANDARDS — RATES FOR EACH BAND</heading><foreign><default:table xmlns="http://www.w3.org/1999/xhtml"><default:colgroup><default:col span="1" style="width:18%"/><default:col span="1" style="width:16%"/><default:col span="1" style="width:16%"/><default:col span="1" style="width:16%"/><default:col span="1" style="width:16%"/><default:col span="1" style="width:18%"/></default:colgroup><default:thead><default:tr><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Band</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Daily rate</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Weekly rate</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Monthly rate</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Half-yearly rate</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Yearly rate</p></default:th></default:tr></default:thead><default:tbody><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">A</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£3.22</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£8.05</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£16.10</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£96.60</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£161</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">B</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£7.74</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£19.35</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£38.70</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£232.20</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£387</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">C</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£9.67</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£30.95</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£61.90</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£371.40</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£619</p></default:td></default:tr></default:tbody></default:table></foreign></tblock></quotedStructure><inline name="appendText">.</inline></mod></p></content></subsection><subsection eId="section-98-3"><num>(3)</num><content><p><mod>In paragraph 5, for Table 1A substitute—<quotedStructure startQuote="“" endQuote="”" uk:context="schedule" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="schedule" ukl:Format="double"><tblock class="table" ukl:Orientation="portrait"><heading>TABLE 1A: VEHICLES NOT MEETING EURO 6 EMISSIONS STANDARDS — RATES FOR EACH BAND</heading><foreign><default:table xmlns="http://www.w3.org/1999/xhtml"><default:colgroup><default:col span="1" style="width:18%"/><default:col span="1" style="width:16%"/><default:col span="1" style="width:16%"/><default:col span="1" style="width:16%"/><default:col span="1" style="width:16%"/><default:col span="1" style="width:18%"/></default:colgroup><default:thead><default:tr><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Band</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Daily rate</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Weekly rate</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Monthly rate</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Half-yearly rate</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Yearly rate</p></default:th></default:tr></default:thead><default:tbody><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">A</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£4.18</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£10.45</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£20.90</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£125.40</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£209</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">B</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£10.06</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£25.15</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£50.30</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£301.80</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£503</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">C</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£10.74</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£40.20</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£80.40</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£482.40</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£804</p></default:td></default:tr></default:tbody></default:table></foreign></tblock></quotedStructure><inline name="appendText">.</inline></mod></p></content></subsection><subsection eId="section-98-4"><num>(4)</num><content><p>The amendments made by this section come into force on 1 April 2026.</p></content></subsection></section><section eId="section-99"><num>99</num><heading>Rates of air passenger duty</heading><subsection eId="section-99-1"><num>(1)</num><content><p>Section 30 of FA 1994 (air passenger duty: rates) is amended as follows.</p></content></subsection><subsection eId="section-99-2"><num>(2)</num><intro><p>In subsection (1B) (journeys ending in the United Kingdom)—</p></intro><level class="para1" eId="section-99-2-a"><num>(a)</num><content><p><mod>in paragraph (a), for “£8” substitute <quotedText>“£8.26”</quotedText>, and</mod></p></content></level><level class="para1" eId="section-99-2-b"><num>(b)</num><content><p><mod>in paragraph (b), for “£16” substitute <quotedText>“£16.52”</quotedText>.</mod></p></content></level></subsection><subsection eId="section-99-3"><num>(3)</num><intro><p>In subsection (2) (short-haul journeys)—</p></intro><level class="para1" eId="section-99-3-a"><num>(a)</num><content><p><mod>in paragraph (a), for “£15” substitute <quotedText>“£15.49”</quotedText>, and</mod></p></content></level><level class="para1" eId="section-99-3-b"><num>(b)</num><content><p><mod>in paragraph (b), for “£32” substitute <quotedText>“£33.04”</quotedText>.</mod></p></content></level></subsection><subsection eId="section-99-4"><num>(4)</num><intro><p>In subsection (2A) (long-haul journeys)—</p></intro><level class="para1" eId="section-99-4-a"><num>(a)</num><content><p><mod>in paragraph (a), for “£102” substitute <quotedText>“£105.33”</quotedText>, and</mod></p></content></level><level class="para1" eId="section-99-4-b"><num>(b)</num><content><p><mod>in paragraph (b), for “£244” substitute <quotedText>“£251.95”</quotedText>.</mod></p></content></level></subsection><subsection eId="section-99-5"><num>(5)</num><intro><p>In subsection (4A) (ultra-long haul journeys)—</p></intro><level class="para1" eId="section-99-5-a"><num>(a)</num><content><p><mod>in paragraph (a), for “£106” substitute <quotedText>“£109.46”</quotedText>, and</mod></p></content></level><level class="para1" eId="section-99-5-b"><num>(b)</num><content><p><mod>in paragraph (b), for “£253” substitute <quotedText>“£261.25”</quotedText>.</mod></p></content></level></subsection><subsection eId="section-99-6"><num>(6)</num><intro><p>In subsection (4E) (journeys on aircraft equipped to carry fewer than 19 passengers)—</p></intro><level class="para1" eId="section-99-6-a"><num>(a)</num><content><p><mod>in paragraph (za), for “£142” substitute <quotedText>“£146.63”</quotedText>,</mod></p></content></level><level class="para1" eId="section-99-6-b"><num>(b)</num><content><p><mod>in paragraph (a), for “£142” substitute <quotedText>“£146.63”</quotedText>,</mod></p></content></level><level class="para1" eId="section-99-6-c"><num>(c)</num><content><p><mod>in paragraph (aa), for “£1,097” substitute <quotedText>“£1132.76”</quotedText>, and</mod></p></content></level><level class="para1" eId="section-99-6-d"><num>(d)</num><content><p><mod>in paragraph (d), for “£1,141” substitute <quotedText>“£1178.20”</quotedText>.</mod></p></content></level></subsection><subsection eId="section-99-7"><num>(7)</num><content><p>The amendments made by this section have effect in relation to the carriage of passengers beginning on or after 1 April 2027.</p></content></subsection></section></hcontainer><hcontainer name="crossheading" ukl:Name="Pblock" eId="part-3-crossheading-environmental-taxes"><heading>Environmental taxes</heading><section eId="section-100"><num>100</num><heading>Rates of climate change levy</heading><subsection eId="section-100-1"><num>(1)</num><content><p><mod>In paragraph 42(1) of Schedule 6 to FA 2000 (climate change levy: amount payable by way of levy), for the table substitute—<quotedStructure startQuote="“" endQuote="”" uk:context="schedule" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="schedule" ukl:Format="double"><tblock class="table" ukl:Orientation="portrait"><heading>TABLE</heading><foreign><default:table xmlns="http://www.w3.org/1999/xhtml"><default:colgroup><default:col span="1" style="width:50%"/><default:col span="1" style="width:50%"/></default:colgroup><default:thead><default:tr><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Taxable commodity supplied</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Rate at which levy payable if supply is not a reduced-rate supply</p></default:th></default:tr></default:thead><default:tbody><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Electricity</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£0.00827 per kilowatt hour</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Gas supplied by a gas utility or any gas supplied in a gaseous state that is of a kind supplied by a gas utility</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£0.00827 per kilowatt hour</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Any petroleum gas, or other gaseous hydrocarbon, supplied in a liquid state</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£0.02175 per kilogram</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Any other taxable commodity</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£0.06468 per kilogram</p></default:td></default:tr></default:tbody></default:table></foreign></tblock></quotedStructure><inline name="appendText">.</inline></mod></p></content></subsection><subsection eId="section-100-2"><num>(2)</num><content><p>The amendment made by this section has effect in relation to supplies treated as taking place on or after 1 April 2027.</p></content></subsection></section><section eId="section-101"><num>101</num><heading>Rates of landfill tax</heading><subsection eId="section-101-1"><num>(1)</num><content><p>Section 42 of FA 1996 (amount of landfill tax) is amended as follows.</p></content></subsection><subsection eId="section-101-2"><num>(2)</num><content><p><mod>In subsection (1)(a) (standard rate), for “£126.15” substitute <quotedText>“£130.75”</quotedText>.</mod></p></content></subsection><subsection eId="section-101-3"><num>(3)</num><intro><p>In subsection (2) (reduced rate for certain disposals), in the words after paragraph (b)—</p></intro><level class="para1" eId="section-101-3-a"><num>(a)</num><content><p><mod>for “£126.15” substitute <quotedText>“£130.75”</quotedText>, and</mod></p></content></level><level class="para1" eId="section-101-3-b"><num>(b)</num><content><p><mod>for “£4.05” substitute <quotedText>“£8.65”</quotedText>.</mod></p></content></level></subsection><subsection eId="section-101-4"><num>(4)</num><content><p>The amendments made by this section have effect in relation to disposals made (or treated as made) on or after 1 April 2026.</p></content></subsection></section><section eId="section-102"><num>102</num><heading>Rate of aggregates levy</heading><subsection eId="section-102-1"><num>(1)</num><content><p><mod>In section 16(4) of FA 2001 (rate of aggregates levy), for “£2.08” substitute <quotedText>“£2.16”</quotedText>.</mod></p></content></subsection><subsection eId="section-102-2"><num>(2)</num><content><p>The amendment made by this section has effect in relation to aggregate subjected to commercial exploitation on or after 1 April 2026.</p></content></subsection></section><section eId="section-103"><num>103</num><heading>Aggregates levy: amendments relating to disapplication of levy to Scotland</heading><content><p><ref href="#schedule-14">Schedule 14</ref> (aggregates levy: amendments relating to disapplication of levy to Scotland) has effect.</p></content></section><section eId="section-104"><num>104</num><heading>Rate of plastic packaging tax</heading><subsection eId="section-104-1"><num>(1)</num><content><p><mod>In section 45(1) of FA 2021 (rate of plastic packaging tax), for “£223.69” substitute <quotedText>“£228.82”</quotedText>.</mod></p></content></subsection><subsection eId="section-104-2"><num>(2)</num><content><p>The amendment made by this section has effect in relation to packaging components produced in, or imported into, the United Kingdom on or after 1 April 2026.</p></content></subsection></section><section eId="section-105"><num>105</num><heading>Chemical recycling: mass balance approach</heading><subsection eId="section-105-1"><num>(1)</num><content><p>Part 2 of FA 2021 (plastic packaging tax) is amended as follows.</p></content></subsection><subsection eId="section-105-2"><num>(2)</num><intro><p>In section 47(1)(a) (chargeable plastic packaging components)—</p></intro><level class="para1" eId="section-105-2-a"><num>(a)</num><content><p><mod>before “proportion” insert <quotedText>“combined”</quotedText>;</mod></p></content></level><level class="para1" eId="section-105-2-b"><num>(b)</num><content><p><mod>after “recycled plastic” insert <quotedText>“and attributed recycled plastic”</quotedText>.</mod></p></content></level></subsection><subsection eId="section-105-3"><num>(3)</num><intro><p>In section 49 (meaning of “<term refersTo="#term-plastic" eId="term-plastic">plastic</term>” and “<term refersTo="#term-recycled-plastic" eId="term-recycled-plastic">recycled plastic</term>”)—</p></intro><level class="para1" eId="section-105-3-a"><num>(a)</num><content><p><mod>in the heading, for “and “recycled plastic”” substitute <quotedText>“, “recycled plastic” and “attributed recycled plastic””</quotedText>;</mod></p></content></level><level class="para1" eId="section-105-3-b"><num>(b)</num><content><p><mod>after subsection (2) insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><subsection><num>(2A)</num><content><p>“Attributed recycled plastic” is plastic to which recovered material has been attributed in accordance with a chemical recycling certification scheme.</p></content></subsection></quotedStructure><inline name="appendText">;</inline></mod></p></content></level><level class="para1" eId="section-105-3-c"><num>(c)</num><content><p><mod>after subsection (7) insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><subsection><num>(7A)</num><content><p>Plastic is not to be taken as attributed recycled plastic unless it is shown that it is attributed recycled plastic.</p></content></subsection></quotedStructure><inline name="appendText">;</inline></mod></p></content></level><level class="para1" eId="section-105-3-d"><num>(d)</num><content><p><mod>in subsection (8), for “and “recycled plastic”” substitute <quotedText>“, “recycled plastic” and “attributed recycled plastic””</quotedText>;</mod></p></content></level><level class="para1" eId="section-105-3-e"><num>(e)</num><content><p><mod>in subsection (10), after “recycled plastic” insert <quotedText>“or attributed recycled plastic”</quotedText>.</mod></p></content></level></subsection><subsection eId="section-105-4"><num>(4)</num><content><p><mod>After section 49 insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><section eId="d28e22860"><num>49A</num><heading>Meaning of “chemical recycling certification scheme”</heading><subsection eId="d28e22864"><num>(1)</num><intro><p>For the purposes of this Part, a scheme is a “chemical recycling certification scheme” if—</p></intro><level class="para1"><num>(a)</num><content><p>it is a scheme under which a certified person produces plastic from recovered material and other material by means of one or more mass balance processes,</p></content></level><level class="para1" eId="d28e22876"><num>(b)</num><content><p>that process or (as the case may be) at least one of those processes alters the chemical structure of the recovered material, and</p></content></level><level class="para1" eId="d28e22882"><num>(c)</num><content><p>the scheme meets such conditions as may be specified in regulations made by the Commissioners.</p></content></level></subsection><subsection eId="d28e22888"><num>(2)</num><intro><p>A “mass balance process” is a process under which—</p></intro><level class="para1" eId="d28e22894"><num>(a)</num><content><p>qualifying input material is added to other material to form a mixture (“the mixture”),</p></content></level><level class="para1"><num>(b)</num><content><p>the mixture is processed, and</p></content></level><level class="para1" eId="d28e22906"><num>(c)</num><intro><p>a certified person attributes recovered material to—</p></intro><level class="para2"><num>(i)</num><content><p>material withdrawn from the mixture after the processing, and</p></content></level><level class="para2"><num>(ii)</num><content><p>any waste material.</p></content></level></level></subsection><subsection eId="d28e22924"><num>(3)</num><intro><p>The certified person may attribute recovered material under subsection <ref href="#d28e22888">(2)</ref><ref href="#d28e22906">(c)</ref> in any way, provided that—</p></intro><level class="para1"><num>(a)</num><content><p>the quantity of recovered material so attributed does not exceed the quantity of qualifying input material added to the mixture under subsection <ref href="#d28e22888">(2)</ref><ref href="#d28e22894">(a)</ref>,</p></content></level><level class="para1"><num>(b)</num><content><p>the proportion of withdrawn fuel to which recovered material is attributed is the same as the proportion of the mixture (before it is processed) that is qualifying input material, and</p></content></level><level class="para1"><num>(c)</num><content><p>the attribution meets such conditions as may be specified in regulations made by the Commissioners.</p></content></level></subsection><subsection><num>(4)</num><intro><p>In subsections <ref href="#d28e22888">(2)</ref> and <ref href="#d28e22924">(3)</ref> “<term refersTo="#term-qualifying-input-material">qualifying input material</term>” means—</p></intro><level class="para1"><num>(a)</num><content><p>recovered material, or</p></content></level><level class="para1"><num>(b)</num><content><p>material to which recovered material has been attributed under subsection <ref href="#d28e22888">(2)</ref><ref href="#d28e22906">(c)</ref> in connection with an earlier mass balance process.</p></content></level></subsection><subsection><num>(5)</num><intro><p>In this section—</p></intro><hcontainer name="definition"><content><p>“<term refersTo="#term-certified-person">certified person</term>” means a person certified under a chemical recycling certification scheme;</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-consumed-fuel">consumed fuel</term>” means fuel added to the mixture that is consumed to provide energy for the processing of the mixture;</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-process-losses">process losses</term>” means material, other than consumed fuel, added to the mixture which is converted to waste products as part of the processing (and which is not withdrawn from the mixture);</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-waste-material">waste material</term>” means any consumed fuel and process losses;</p></content></hcontainer><hcontainer name="definition"><intro><p>“<term refersTo="#term-withdrawn-fuel">withdrawn fuel</term>” means material withdrawn from the mixture after processing that—</p></intro><level class="para1"><num>(a)</num><content><p>is fuel, or</p></content></level><level class="para1"><num>(b)</num><content><p>might reasonably be expected to be reprocessed (otherwise than as part of a mass balance process) into fuel.</p></content></level></hcontainer></subsection><subsection><num>(6)</num><intro><p>The Commissioners may by regulations—</p></intro><level class="para1"><num>(a)</num><content><p>make provision about cases in which the chemical structure of recovered material is to be regarded as having been altered, or not altered, for the purposes of subsection <ref href="#d28e22864">(1)</ref><ref href="#d28e22876">(b)</ref>;</p></content></level><level class="para1"><num>(b)</num><content><p>make provision about materials which are, or are not, to be regarded as withdrawn fuel for the purposes of this section.</p></content></level></subsection></section><section><num>49B</num><heading>Chemical recycling certification schemes: further conditions</heading><intro><p>The conditions that may be specified under section <ref href="#d28e22860">49A</ref><ref href="#d28e22864">(1)</ref><ref href="#d28e22882">(c)</ref> (scheme conditions) include, in particular, conditions about—</p></intro><level class="para1"><num>(a)</num><content><p>the assessment of the scheme by an accreditation body specified, or of a description specified, in the regulations;</p></content></level><level class="para1"><num>(b)</num><content><p>the types of material that may be used in a mass balance process under the scheme;</p></content></level><level class="para1"><num>(c)</num><content><p>when, and the circumstances in which, materials may be mixed together as part of a mass balance process under the scheme;</p></content></level><level class="para1"><num>(d)</num><content><p>the methodology that may be used as part of a mass balance process under the scheme in connection with the calculation of amounts of waste material (within the meaning of section <ref href="#d28e22860">49A</ref>);</p></content></level><level class="para1"><num>(e)</num><content><p>the measurement of materials under a mass balance process under the scheme;</p></content></level><level class="para1"><num>(f)</num><content><p>the operation of a mass balance process under the scheme by reference to accounting periods or other periods of time;</p></content></level><level class="para1"><num>(g)</num><content><p>which persons are required to be certified under the scheme;</p></content></level><level class="para1"><num>(h)</num><content><p>the accreditation of certification bodies recognised by the scheme;</p></content></level><level class="para1"><num>(i)</num><content><p>the keeping and retention of records by persons under the scheme;</p></content></level><level class="para1"><num>(j)</num><content><p>the auditing of scheme members by certification bodies under the scheme;</p></content></level><level class="para1"><num>(k)</num><content><p>compliance with, and enforcement of, the scheme rules;</p></content></level><level class="para1"><num>(l)</num><content><p>the provision of information to HMRC and others regarding compliance by scheme members with the scheme rules.</p></content></level></section></quotedStructure></mod></p></content></subsection><subsection eId="section-105-5"><num>(5)</num><content><p><mod>In section 83 (interpretation), at the appropriate places insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><hcontainer name="definition"><content><p>“<term refersTo="#term-attributed-recycled-plastic">attributed recycled plastic</term>” is to be construed in accordance with section 49;</p></content></hcontainer></quotedStructure><inline name="appendText">;</inline></mod></p><p><mod><quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><hcontainer name="definition"><content><p>“<term refersTo="#term-chemical-recycling-certification-scheme">chemical recycling certification scheme</term>” is to be construed in accordance with section <ref href="#d28e22860">49A</ref>;</p></content></hcontainer></quotedStructure><inline name="appendText">.</inline></mod></p></content></subsection><subsection eId="section-105-6"><num>(6)</num><content><p><mod>In section 84(5)(b) (regulations), for “and “recycled plastic”” substitute <quotedText>“, “recycled plastic” and “attributed recycled plastic””</quotedText>.</mod></p></content></subsection></section><section eId="section-106"><num>106</num><heading>Pre-consumer plastic</heading><intro><p>In section 49 of FA 2021 (meaning of “<term refersTo="#term-plastic" eId="term-plastic">plastic</term>” and “<term refersTo="#term-recycled-plastic" eId="term-recycled-plastic">recycled plastic</term>”)—</p></intro><level class="para1" eId="section-106-a"><num>(a)</num><content><p>in subsection (4), in the opening words, omit “pre-consumer plastic or”;</p></content></level><level class="para1" eId="section-106-b"><num>(b)</num><content><p>omit subsection (5).</p></content></level></section><section eId="section-107"><num>107</num><heading>Sections <ref href="#section-105">105</ref> and <ref href="#section-106">106</ref>: commencement</heading><subsection eId="section-107-1"><num>(1)</num><intro><p>The following come into force on the day on which this Act is passed—</p></intro><level class="para1" eId="section-107-1-a"><num>(a)</num><content><p>this section;</p></content></level><level class="para1" eId="section-107-1-b"><num>(b)</num><content><p>any provision of, or amendment made by, section <ref href="#section-105">105</ref> so far as it confers a power to make regulations or relates to the exercise of such a power.</p></content></level></subsection><subsection eId="section-107-2"><num>(2)</num><intro><p>The following come into force on 1 April 2027—</p></intro><level class="para1" eId="section-107-2-a"><num>(a)</num><content><p>section <ref href="#section-105">105</ref>, so far as not brought into force by subsection <ref href="#section-107-1">(1)</ref><ref href="#section-107-1-b">(b)</ref>;</p></content></level><level class="para1" eId="section-107-2-b"><num>(b)</num><content><p>section <ref href="#section-106">106</ref>.</p></content></level></subsection></section></hcontainer><hcontainer name="crossheading" ukl:Name="Pblock" eId="part-3-crossheading-soft-drinks-industry-levy"><heading>Soft drinks industry levy</heading><section eId="section-108"><num>108</num><heading>Rates of levy</heading><subsection eId="section-108-1"><num>(1)</num><intro><p>In section 36(1) of FA 2017 (rates of soft drinks industry levy)—</p></intro><level class="para1" eId="section-108-1-a"><num>(a)</num><content><p><mod>in paragraph (a) (soft drinks that meet higher sugar threshold), for “£2.59” substitute <quotedText>“£2.78”</quotedText>, and</mod></p></content></level><level class="para1" eId="section-108-1-b"><num>(b)</num><content><p><mod>in paragraph (b) (other soft drinks), for “£1.94” substitute <quotedText>“£2.08”</quotedText>.</mod></p></content></level></subsection><subsection eId="section-108-2"><num>(2)</num><content><p>The amendments made by this section have effect in relation to chargeable events occurring on or after 1 April 2026.</p></content></subsection></section></hcontainer><hcontainer name="crossheading" ukl:Name="Pblock" eId="part-3-crossheading-customs-duties"><heading>Customs duties</heading><section eId="section-109"><num>109</num><heading>Amendment of customs tariff power</heading><subsection eId="section-109-1"><num>(1)</num><content><p>Section 8 of TCTA 2018 (the customs tariff) is amended as follows.</p></content></subsection><subsection eId="section-109-2"><num>(2)</num><content><p><mod>After subsection (3) insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><subsection><num>(3A)</num><content><p>The provision that the customs tariff may make under subsection (1)(c), by virtue of section 32(7), includes provision specifying different rates of import duty applicable to goods falling within a code by reference to their nature, origin or any other factor.</p></content></subsection></quotedStructure></mod></p></content></subsection><subsection eId="section-109-3"><num>(3)</num><content><p><mod>After subsection (8) insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><subsection><num>(9)</num><content><p>Regulations under this section may amend provision made under section 9 or 10 so as to provide that the rate of import duty that applies to goods in a standard case applies in any specified case to which either of those sections applies (instead of the rate of import duty for the time being applicable by virtue of provision made under either of them).</p></content></subsection></quotedStructure></mod></p></content></subsection></section><section eId="section-110"><num>110</num><heading>Dumping and subsidisation investigations</heading><subsection eId="section-110-1"><num>(1)</num><content><p>Schedule 4 to TCTA 2018 (dumping of goods or foreign subsidies causing injury to UK industry) is amended as follows.</p></content></subsection><subsection eId="section-110-2"><num>(2)</num><content><p><mod>In the italic heading before paragraph 9, after “investigation” insert <quotedText>“: request made to TRA”</quotedText>.</mod></p></content></subsection><subsection eId="section-110-3"><num>(3)</num><intro><p>In paragraph 9 (initiation of a dumping or a subsidisation investigation)—</p></intro><level class="para1" eId="section-110-3-a"><num>(a)</num><intro><p>in sub-paragraph (1)—</p></intro><level class="para2" eId="section-110-3-a-i"><num>(i)</num><content><p>in the opening words, omit “only”;</p></content></level><level class="para2" eId="section-110-3-a-ii"><num>(ii)</num><content><p>in paragraph (a), omit sub-paragraph (ii) and the “or” before it;</p></content></level></level><level class="para1" eId="section-110-3-b"><num>(b)</num><intro><p>in sub-paragraph (2)—</p></intro><level class="para2" eId="section-110-3-b-i"><num>(i)</num><content><p>in paragraph (a), omit “in the case of an application under sub-paragraph (1)(a)(i),”;</p></content></level><level class="para2" eId="section-110-3-b-ii"><num>(ii)</num><content><p>omit paragraph (b).</p></content></level></level></subsection><subsection eId="section-110-4"><num>(4)</num><content><p><mod>After paragraph 9 insert—<quotedStructure startQuote="“" endQuote="”" uk:context="schedule" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="schedule" ukl:Format="double"><hcontainer name="crossheading" class="schGroup7"><heading>Initiation of a dumping or a subsidisation investigation: Secretary of State direction</heading><paragraph class="schProv1"><num>9A</num><subparagraph eId="d28e23446"><num>(1)</num><intro><p>The Secretary of State may, in exceptional circumstances, direct the TRA to initiate a dumping or a subsidisation investigation in relation to goods if the Secretary of State is satisfied that—</p></intro><level class="para1" eId="d28e23452"><num>(a)</num><intro><p>there is sufficient evidence that—</p></intro><level class="para2"><num>(i)</num><content><p>the goods have been or are being dumped in the United Kingdom and the dumping has caused or is causing injury to a UK industry in those goods, or</p></content></level><level class="para2"><num>(ii)</num><content><p>as the case may be, the goods have been or are being imported into the United Kingdom and are subsidised, and the importation of the subsidised goods has caused or is causing injury to a UK industry in those goods, and</p></content></level></level><level class="para1" eId="d28e23470"><num>(b)</num><intro><p>it appears from that evidence that—</p></intro><level class="para2" eId="d28e23476"><num>(i)</num><content><p>the volume of dumped goods (whether actual or potential), and the injury, is more than negligible, and the margin of dumping in relation to those goods is more than minimal, or</p></content></level><level class="para2" eId="d28e23482"><num>(ii)</num><content><p>as the case may be, the volume of subsidised goods (whether actual or potential), and the injury, is more than negligible, and the amount of the subsidy in relation to those goods is more than minimal.</p></content></level></level></subparagraph><subparagraph><num>(2)</num><intro><p>Regulations may make provision about—</p></intro><level class="para1"><num>(a)</num><intro><p>the giving of directions under sub-paragraph <ref href="#d28e23446">(1)</ref>, including in particular provision about—</p></intro><level class="para2"><num>(i)</num><content><p>the form and content of directions;</p></content></level><level class="para2"><num>(ii)</num><content><p>when directions are made for the purposes of sub-paragraph <ref href="#d28e23446">(1)</ref>;</p></content></level><level class="para2"><num>(iii)</num><content><p>the publication of directions;</p></content></level></level><level class="para1"><num>(b)</num><content><p>what constitutes or does not constitute “negligible” and “<term refersTo="#term-minimal">minimal</term>” for the purposes of sub-paragraph <ref href="#d28e23446">(1)</ref><ref href="#d28e23470">(b)</ref><ref href="#d28e23476">(i)</ref> or <ref href="#d28e23482">(ii)</ref>;</p></content></level><level class="para1"><num>(c)</num><content><p>how it is to be determined for those purposes whether those thresholds have been exceeded.</p></content></level></subparagraph><subparagraph><num>(3)</num><content><p>Before giving a direction under sub-paragraph <ref href="#d28e23446">(1)</ref>, the Secretary of State must consult the TRA.</p></content></subparagraph><subparagraph><num>(4)</num><content><p>The TRA must comply with a direction given under sub-paragraph <ref href="#d28e23446">(1)</ref>.</p></content></subparagraph><subparagraph eId="d28e23567"><num>(5)</num><intro><p>Where the Secretary of State gives a direction under sub-paragraph <ref href="#d28e23446">(1)</ref> in respect of a dumping investigation, the TRA must take the following steps in the order in which they are set out—</p></intro><level class="para1"><num>(a)</num><content><p>notify the governments of the relevant foreign countries or territories;</p></content></level><level class="para1"><num>(b)</num><content><p>initiate the investigation;</p></content></level><level class="para1" eId="d28e23588"><num>(c)</num><content><p>publish notice that it has initiated the investigation (including notice of the goods which are the subject of the investigation);</p></content></level><level class="para1" eId="d28e23594"><num>(d)</num><content><p>notify the Secretary of State and interested parties (see paragraph 32(3)) accordingly.</p></content></level></subparagraph><subparagraph eId="d28e23600"><num>(6)</num><intro><p>Where the Secretary of State gives a direction under sub-paragraph <ref href="#d28e23446">(1)</ref> in respect of a subsidisation investigation, the TRA must take the following steps in the order in which they are set out—</p></intro><level class="para1"><num>(a)</num><content><p>invite the governments of the relevant foreign countries or territories to participate in consultations;</p></content></level><level class="para1"><num>(b)</num><content><p>initiate the investigation;</p></content></level><level class="para1" eId="d28e23621"><num>(c)</num><content><p>publish notice that it has initiated the investigation (including notice of the goods which are the subject of the investigation);</p></content></level><level class="para1" eId="d28e23627"><num>(d)</num><content><p>notify the Secretary of State and interested parties accordingly.</p></content></level></subparagraph><subparagraph><num>(7)</num><content><p>Notices under sub-paragraphs <ref href="#d28e23567">(5)</ref><ref href="#d28e23588">(c)</ref> and <ref href="#d28e23594">(d)</ref> and <ref href="#d28e23600">(6)</ref><ref href="#d28e23621">(c)</ref> and <ref href="#d28e23627">(d)</ref> must specify the date of the initiation of the investigation.</p></content></subparagraph><subparagraph><num>(8)</num><content><p>Nothing in this paragraph prevents the Secretary of State from directing the TRA to initiate both a dumping investigation and a subsidisation investigation in relation to the same goods if the requirements of sub-paragraph <ref href="#d28e23446">(1)</ref><ref href="#d28e23452">(a)</ref> and <ref href="#d28e23470">(b)</ref> are met in the case of each investigation.</p></content></subparagraph><subparagraph><num>(9)</num><intro><p>In this paragraph “<term refersTo="#term-relevant-foreign-country-or-territory">relevant foreign country or territory</term>” means—</p></intro><level class="para1"><num>(a)</num><content><p>in the case of a direction to initiate a dumping investigation, the exporting foreign country or territory (within the meaning of paragraph 1(2)) of the alleged dumped goods;</p></content></level><level class="para1"><num>(b)</num><content><p>in the case of a direction to initiate a subsidisation investigation, a foreign country or territory within whose territory is located a foreign authority which is alleged to have granted one or more of the subsidies in question.</p></content></level></subparagraph></paragraph></hcontainer></quotedStructure></mod></p></content></subsection><subsection eId="section-110-5"><num>(5)</num><content><p><mod>In paragraph 10(2) (conduct of a dumping or a subsidisation investigation), after paragraph (d) insert—<quotedStructure startQuote="“" endQuote="”" uk:context="schedule" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="schedule" ukl:Format="double"><level class="para1"><num>(da)</num><content><p>the information which must or may be provided or made available by the Secretary of State to the TRA or others in connection with the giving of a direction to initiate a dumping or a subsidisation investigation;</p></content></level></quotedStructure><inline name="appendText">.</inline></mod></p></content></subsection><subsection eId="section-110-6"><num>(6)</num><intro><p>In paragraph 17(8B) (TRA’s duty to recommend an anti-dumping amount or countervailing amount)—</p></intro><level class="para1" eId="section-110-6-a"><num>(a)</num><content><p><mod>for “The Secretary of State may by regulations” substitute <quotedText>“Regulations may”</quotedText>;</mod></p></content></level><level class="para1" eId="section-110-6-b"><num>(b)</num><content><p><mod>after “specified circumstances, to” insert <quotedText>“give or”</quotedText>.</mod></p></content></level></subsection><subsection eId="section-110-7"><num>(7)</num><intro><p>In paragraph 18 (TRA's recommendations about an anti-dumping amount or a countervailing amount)—</p></intro><level class="para1" eId="section-110-7-a"><num>(a)</num><content><p>in sub-paragraph (6), omit paragraph (b) and the “or” before it;</p></content></level><level class="para1" eId="section-110-7-b"><num>(b)</num><content><p><mod>after sub-paragraph (6) insert—<quotedStructure startQuote="“" endQuote="”" uk:context="schedule" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="schedule" ukl:Format="double"><subparagraph><num>(6A)</num><content><p>Regulations may provide that a recommendation must be such that an anti-dumping amount or a countervailing amount applicable to goods does not exceed a specified amount that is lower than the amount referred to in sub-paragraph (6)(a).</p></content></subparagraph></quotedStructure><inline name="appendText">;</inline></mod></p></content></level><level class="para1" eId="section-110-7-c"><num>(c)</num><content><p><mod>in sub-paragraph (7) omit the words from “for the purposes of” to the end and insert <quotedText>“about how an amount specified in regulations under sub-paragraph (6A) is to be determined by the TRA”</quotedText>.</mod></p></content></level></subsection></section><section eId="section-111"><num>111</num><heading>Safeguarding investigations</heading><subsection eId="section-111-1"><num>(1)</num><content><p>Schedule 5 to TCTA 2018 (increase in imports causing serious injury to UK producers) is amended in accordance with subsections <ref href="#section-111-2">(2)</ref> to <ref href="#section-111-5">(5)</ref>.</p></content></subsection><subsection eId="section-111-2"><num>(2)</num><content><p><mod>In the italic heading before paragraph 7, after “investigation” insert <quotedText>“: request made to TRA”</quotedText>.</mod></p></content></subsection><subsection eId="section-111-3"><num>(3)</num><intro><p>In paragraph 7 (initiation of a safeguarding investigation)—</p></intro><level class="para1" eId="section-111-3-a"><num>(a)</num><intro><p>in sub-paragraph (1)—</p></intro><level class="para2" eId="section-111-3-a-i"><num>(i)</num><content><p>in the opening words, omit “only”;</p></content></level><level class="para2" eId="section-111-3-a-ii"><num>(ii)</num><content><p>in paragraph (a), omit sub-paragraph (ii) and the “or” before it;</p></content></level></level><level class="para1" eId="section-111-3-b"><num>(b)</num><intro><p>in sub-paragraph (2)—</p></intro><level class="para2" eId="section-111-3-b-i"><num>(i)</num><content><p>in paragraph (a), omit “in the case of an application under sub-paragraph (1)(a)(i),”;</p></content></level><level class="para2" eId="section-111-3-b-ii"><num>(ii)</num><content><p>omit paragraph (b);</p></content></level></level><level class="para1" eId="section-111-3-c"><num>(c)</num><intro><p>in sub-paragraph (3)—</p></intro><level class="para2" eId="section-111-3-c-i"><num>(i)</num><content><p>in paragraph (a), omit “in the case of an application under sub-paragraph (1)(a)(i),”;</p></content></level><level class="para2" eId="section-111-3-c-ii"><num>(ii)</num><content><p>omit paragraph (b).</p></content></level></level></subsection><subsection eId="section-111-4"><num>(4)</num><content><p><mod>After paragraph 7 insert—<quotedStructure startQuote="“" endQuote="”" uk:context="schedule" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="schedule" ukl:Format="double"><hcontainer name="crossheading" class="schGroup7"><heading>Initiation of a safeguarding investigation: Secretary of State direction</heading><paragraph eId="d28e23863" class="schProv1"><num>7A</num><subparagraph eId="d28e23867"><num>(1)</num><intro><p>The Secretary of State may direct the TRA to initiate a safeguarding investigation in relation to goods if the Secretary of State is satisfied that there is sufficient evidence that—</p></intro><level class="para1"><num>(a)</num><content><p>the goods have been or are being imported into the United Kingdom in increased quantities, and</p></content></level><level class="para1"><num>(b)</num><content><p>the importation of the goods in increased quantities has caused or is causing serious injury to UK producers of those goods.</p></content></level></subparagraph><subparagraph><num>(2)</num><content><p>A direction given under sub-paragraph <ref href="#d28e23867">(1)</ref> may be accompanied by a preliminary adjustment plan setting out how UK producers of the goods might be able to adjust to the importation of the goods in increased quantities.</p></content></subparagraph><subparagraph><num>(3)</num><intro><p>Regulations may make provision about—</p></intro><level class="para1"><num>(a)</num><intro><p>the giving of directions under sub-paragraph <ref href="#d28e23867">(1)</ref>, including in particular provision about—</p></intro><level class="para2"><num>(i)</num><content><p>the form and content of directions;</p></content></level><level class="para2"><num>(ii)</num><content><p>when directions are made for the purposes of sub-paragraph <ref href="#d28e23867">(1)</ref>;</p></content></level><level class="para2"><num>(iii)</num><content><p>the publication of directions;</p></content></level></level><level class="para1"><num>(b)</num><content><p>the form and content of a preliminary adjustment plan.</p></content></level></subparagraph><subparagraph><num>(4)</num><content><p>Before giving a direction under sub-paragraph <ref href="#d28e23867">(1)</ref>, the Secretary of State must consult the TRA.</p></content></subparagraph><subparagraph><num>(5)</num><content><p>The TRA must comply with a direction given under sub-paragraph <ref href="#d28e23867">(1)</ref>.</p></content></subparagraph><subparagraph eId="d28e23954"><num>(6)</num><intro><p>Where the Secretary of State gives a direction under sub-paragraph <ref href="#d28e23867">(1)</ref> in respect of a safeguarding investigation, the TRA must take the following steps in the order in which they are set out—</p></intro><level class="para1"><num>(a)</num><content><p>initiate the investigation;</p></content></level><level class="para1" eId="d28e23969"><num>(b)</num><content><p>publish notice that it has initiated the investigation (including notice of the goods which are the subject of the investigation);</p></content></level><level class="para1" eId="d28e23975"><num>(c)</num><content><p>notify the Secretary of State and interested parties (see paragraph 31(3)) accordingly.</p></content></level></subparagraph><subparagraph><num>(7)</num><content><p>Notices under sub-paragraph <ref href="#d28e23954">(6)</ref><ref href="#d28e23969">(b)</ref> and <ref href="#d28e23975">(c)</ref> must specify the date of the initiation of the investigation.</p></content></subparagraph></paragraph></hcontainer></quotedStructure></mod></p></content></subsection><subsection eId="section-111-5"><num>(5)</num><content><p><mod>In paragraph 16 (final affirmative determination), for sub-paragraph (6) substitute—<quotedStructure startQuote="“" endQuote="”" uk:context="schedule" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="schedule" ukl:Format="double"><subparagraph><num>(6)</num><intro><p>But the requirement in sub-paragraph (5)(b) does not apply in a case where—</p></intro><level class="para1"><num>(a)</num><content><p>the safeguarding investigation was initiated in accordance with paragraph 7 (application made by or on behalf of UK producers) and the TRA waived the requirement for the application to initiate the safeguarding investigation to be accompanied by a preliminary adjustment plan, or</p></content></level><level class="para1"><num>(b)</num><content><p>the safeguarding investigation was initiated in accordance with paragraph <ref href="#d28e23863">7A</ref> (Secretary of State direction) and the TRA waives the requirement in sub-paragraph (5)(b) of this paragraph.</p></content></level></subparagraph></quotedStructure></mod></p></content></subsection><subsection eId="section-111-6"><num>(6)</num><content><p>Schedule 5A to TCTA 2018 (increase in imports as a result of free trade agreement causing serious injury to UK producers) is amended in accordance with subsections <ref href="#section-111-7">(7)</ref> and <ref href="#section-111-8">(8)</ref>.</p></content></subsection><subsection eId="section-111-7"><num>(7)</num><content><p><mod>In paragraph 5 (initiation of a bilateral safeguarding investigation), for sub-paragraphs (3) and (4) substitute—<quotedStructure startQuote="“" endQuote="”" uk:context="schedule" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="schedule" ukl:Format="double"><subparagraph><num>(3)</num><intro><p>Sub-paragraph (2) is to be read as if in paragraph (a)—</p></intro><level class="para1"><num>(a)</num><content><p><mod>for “the TRA” there were substituted <quotedText>“the Secretary of State”</quotedText>;</mod></p></content></level><level class="para1"><num>(b)</num><content><p><mod>for “applicant UK producers” there were substituted <quotedText>“UK producers of the goods”</quotedText>.</mod></p></content></level></subparagraph><subparagraph><num>(4)</num><content><p><mod>Sub-paragraph (3) is to be read as if in paragraph (a), for “the applicant UK producers think they” there were substituted <quotedText>“UK producers of the goods”</quotedText>.</mod></p></content></subparagraph></quotedStructure></mod></p></content></subsection><subsection eId="section-111-8"><num>(8)</num><content><p><mod>After paragraph 5 insert—<quotedStructure startQuote="“" endQuote="”" uk:context="schedule" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="schedule" ukl:Format="double"><paragraph class="schProv1"><num>5A</num><content><p>Paragraph 7A (Secretary of State direction to initiate safeguarding investigation) does not apply.</p></content></paragraph></quotedStructure></mod></p></content></subsection><subsection eId="section-111-9"><num>(9)</num><content><p>This section and section <ref href="#section-110">110</ref> come into force on such day as the Secretary of State may by regulations made by statutory instrument appoint; and different days may be appointed for different purposes.</p></content></subsection></section><section eId="section-112"><num>112</num><heading>Customs facilities at approved wharves and other places</heading><subsection eId="section-112-1"><num>(1)</num><content><p><ref eId="c00140" href="https://www.legislation.gov.uk/ukpga/1979/2/section/20">Section 20</ref> of <ref eId="c00141" href="https://www.legislation.gov.uk/ukpga/1979/2/contents">CEMA 1979</ref> (approval of wharves) is amended as follows.</p></content></subsection><subsection eId="section-112-2"><num>(2)</num><intro><p>In <ref eId="c00142" href="https://www.legislation.gov.uk/ukpga/1979/2/section/20">subsection (1A)</ref>—</p></intro><level class="para1" eId="section-112-2-a"><num>(a)</num><content><p>omit the “or” after <ref eId="c00143" href="https://www.legislation.gov.uk/ukpga/1979/2/section/20">paragraph (a)</ref>,</p></content></level><level class="para1" eId="section-112-2-b"><num>(b)</num><content><p><mod>after <ref eId="c00144" href="https://www.legislation.gov.uk/ukpga/1979/2/section/20">paragraph (a)</ref> insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><level class="para1"><num>(aa)</num><content><p>impose conditions, or specify conditions which may be imposed, after an approval has been granted,</p></content></level></quotedStructure><inline name="appendText">.</inline></mod></p></content></level><level class="para1" eId="section-112-2-c"><num>(c)</num><content><p><mod>after <ref eId="c00145" href="https://www.legislation.gov.uk/ukpga/1979/2/section/20">paragraph (b)</ref> insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><level class="para1"><num>(c)</num><intro><p>specify restrictions—</p></intro><level class="para2"><num>(i)</num><content><p>that apply in all cases, or</p></content></level><level class="para2"><num>(ii)</num><content><p>which may be imposed, in any particular case, at the time of the approval,</p></content></level></level><level class="para1"><num>(d)</num><content><p>impose restrictions, or specify restrictions which may be imposed, after an approval has been granted, or</p></content></level><level class="para1"><num>(e)</num><content><p>provide for the imposition of conditions or restrictions by direction made by the Commissioners.</p></content></level></quotedStructure></mod></p></content></level></subsection><subsection eId="section-112-3"><num>(3)</num><content><p><mod>After <ref eId="c00146" href="https://www.legislation.gov.uk/ukpga/1979/2/section/20">subsection (1B)</ref> insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><subsection eId="d28e24201"><num>(1C)</num><intro><p>Conditions and restrictions which may be imposed by or specified in regulations under subsection (1A) include—</p></intro><level class="para1" eId="d28e24207"><num>(a)</num><content><p>conditions requiring the provision at the place approved under subsection (1) of specified facilities, services or infrastructure for purposes in connection with facilitating the administration, collection or enforcement of any duty of customs,</p></content></level><level class="para1" eId="d28e24213"><num>(b)</num><intro><p>conditions requiring the provision of specified facilities, services or infrastructure for such purposes otherwise than at the place approved under subsection (1), including conditions—</p></intro><level class="para2"><num>(i)</num><content><p>requiring that provision at a specified place,</p></content></level><level class="para2"><num>(ii)</num><content><p>requiring a person to whom an approval has been, or may be, given to propose a place at which facilities, services or infrastructure are to be provided, and</p></content></level><level class="para2"><num>(iii)</num><content><p>requiring the agreement of the Commissioners to any proposal for the provision of facilities, services or infrastructure at a place, and</p></content></level></level><level class="para1"><num>(c)</num><content><p>conditions and restrictions as respects the movements of goods between a place approved under subsection (1) and an off-site facility.</p></content></level></subsection><subsection><num>(1D)</num><intro><p>For the purposes of <ref href="#d28e24201">subsection (1C)</ref><ref href="#d28e24207">(a)</ref> and <ref href="#d28e24213">(b)</ref> “<term refersTo="#term-specified">specified</term>” means specified in—</p></intro><level class="para1"><num>(a)</num><content><p>the regulations,</p></content></level><level class="para1"><num>(b)</num><content><p>an approval under subsection (1), or</p></content></level><level class="para1"><num>(c)</num><content><p>a direction.</p></content></level></subsection><subsection><num>(1E)</num><content><p>For the purposes of this section and section 20A, an “<term refersTo="#term-off-site-facility">off-site facility</term>” means a place at which facilities, services or infrastructure are provided (in accordance with an approval or conditions attaching to it) other than a place approved under subsection (1).</p></content></subsection></quotedStructure></mod></p></content></subsection><subsection eId="section-112-4"><num>(4)</num><content><p>Section 20(A) of CEMA 1979 (approved wharves) is amended as follows.</p></content></subsection><subsection eId="section-112-5"><num>(5)</num><content><p>Renumber that section as section 20A.</p></content></subsection><subsection eId="section-112-6"><num>(6)</num><intro><p>In subsection (1)—</p></intro><level class="para1" eId="section-112-6-a"><num>(a)</num><content><p><mod>in paragraph (a), for “20” substitute <quotedText>“20(1)”</quotedText>, and</mod></p></content></level><level class="para1" eId="section-112-6-b"><num>(b)</num><content><p><mod>after that paragraph insert <quotedText startQuote="“">or</quotedText><quotedStructure endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="default"><level class="para1"><num>(aa)</num><content><p>an off-site facility.</p></content></level></quotedStructure></mod></p></content></level></subsection><subsection eId="section-112-7"><num>(7)</num><content><p><mod>In subsection (1A), after “imposed” insert <quotedText>“by or”</quotedText>.</mod></p></content></subsection><subsection eId="section-112-8"><num>(8)</num><content><p>The amendments made by <ref href="#section-112">this section</ref> come into force on the day on which this Act is passed.</p></content></subsection><subsection eId="section-112-9"><num>(9)</num><content><p>But <ref eId="c00147" href="https://www.legislation.gov.uk/ukpga/1979/2/contents">CEMA 1979</ref> continues to have effect, for any purpose in connection with duty under <ref eId="c00148" href="https://www.legislation.gov.uk/ukpga/2018/22/section/30A">section 30A</ref><ref eId="c00149" href="https://www.legislation.gov.uk/ukpga/2018/22/section/30A">(3)</ref> or <ref eId="c00150" href="https://www.legislation.gov.uk/ukpga/2018/22/section/40A">40A</ref> of <ref eId="c00151" href="https://www.legislation.gov.uk/ukpga/2018/22/contents">TCTA 2018</ref>, as if the amendments made by <ref href="#section-112">this section</ref> had not been made.</p></content></subsection></section></hcontainer><hcontainer name="crossheading" ukl:Name="Pblock" eId="part-3-crossheading-economic-crime-antimoney-laundering-levy"><heading>Economic crime (anti-money laundering) levy</heading><section eId="section-113"><num>113</num><heading>Increases to rates of levy</heading><subsection eId="section-113-1"><num>(1)</num><intro><p>In section 54 of FA 2022 (charge to the levy)—</p></intro><level class="para1" eId="section-113-1-a"><num>(a)</num><content><p><mod>in subsection (1)(b), for the words from “is” to the end substitute <quotedText>“is in any of the bands set out in section 55”</quotedText>, and</mod></p></content></level><level class="para1" eId="section-113-1-b"><num>(b)</num><intro><p>in subsection (2)—</p></intro><level class="para2" eId="section-113-1-b-i"><num>(i)</num><content><p><mod>in paragraph (a), for “medium” substitute <quotedText>“in band A”</quotedText> and for “£10,000” substitute <quotedText>“£10,200”</quotedText>,</mod></p></content></level><level class="para2" eId="section-113-1-b-ii"><num>(ii)</num><content><p><mod>in paragraph (b), for “large” substitute <quotedText>“in band B”</quotedText>,</mod></p></content></level><level class="para2" eId="section-113-1-b-iii"><num>(iii)</num><content><p><mod>after paragraph (b) insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><level class="para1"><num>(ba)</num><content><p>in the case of a person whose UK revenue for the financial year is in band C, £500,000;</p></content></level></quotedStructure><inline name="appendText">, and</inline></mod></p></content></level><level class="para2" eId="section-113-1-b-iv"><num>(iv)</num><content><p><mod>in paragraph (c), for “very large” substitute <quotedText>“in band D”</quotedText> and for “£500,000” substitute <quotedText>“£1million”</quotedText>.</mod></p></content></level></level></subsection><subsection eId="section-113-2"><num>(2)</num><intro><p>In section 55 of FA 2022 (UK revenue: amount), in subsection (1)—</p></intro><level class="para1" eId="section-113-2-a"><num>(a)</num><content><p><mod>in paragraph (a), for “medium” substitute <quotedText>“in band A”</quotedText>,</mod></p></content></level><level class="para1" eId="section-113-2-b"><num>(b)</num><content><p><mod>in paragraph (b), for “large” substitute <quotedText>“in band B”</quotedText> and for “£1billion” substitute <quotedText>“£500 million”</quotedText>,</mod></p></content></level><level class="para1" eId="section-113-2-c"><num>(c)</num><content><p><mod>after paragraph (b) insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><level class="para1"><num>(ba)</num><content><p>is in band C for a financial year if the person’s UK revenue for the relevant accounting period is more than £500 million but not more than £1 billion;</p></content></level></quotedStructure><inline name="appendText">, and</inline></mod></p></content></level><level class="para1" eId="section-113-2-d"><num>(d)</num><content><p><mod>in paragraph (c), for “very large” substitute <quotedText>“in band D”</quotedText>.</mod></p></content></level></subsection><subsection eId="section-113-3"><num>(3)</num><content><p><mod>In consequence of the amendments made by the preceding subsections, in section 189 of the Economic Crime and Corporate Transparency Act 2023, in subsections (3)(b)(ii) and (11) (which operate by reference to provisions amended by this section), for “large or very large” substitute <quotedText>“in any of bands B to D”</quotedText>.</mod></p></content></subsection><subsection eId="section-113-4"><num>(4)</num><content><p>The amendments made by this section have effect for the financial year beginning with April 2026 and subsequent financial years.</p></content></subsection></section></hcontainer><hcontainer name="crossheading" ukl:Name="Pblock" eId="part-3-crossheading-annual-tax-on-enveloped-dwellings"><heading>Annual tax on enveloped dwellings</heading><section eId="section-114"><num>114</num><heading>Removal of time limit to claim relief under section 106(3) of FA 2013</heading><subsection eId="section-114-1"><num>(1)</num><content><p>In section 106 of FA 2013 (adjustment of amount chargeable), omit subsection (6).</p></content></subsection><subsection eId="section-114-2"><num>(2)</num><content><p>The amendment made by this section is treated as always having been in force.</p></content></subsection></section></hcontainer></part>
<hcontainer xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" name="crossheading" ukl:Name="Pblock" eId="part-3-crossheading-value-added-tax-and-insurance-premium-tax"><heading>Value added tax and insurance premium tax</heading><section eId="section-80"><num>80</num><heading>Zero-rating of leases of vehicles to recipients of disability benefits</heading><subsection eId="section-80-1"><num>(1)</num><content><p>VATA 1994 is amended as follows.</p></content></subsection><subsection eId="section-80-2"><num>(2)</num><content><p>In Schedule 8, in Group 12 (drugs, medicines, aids for the disabled, etc), omit item 14.</p></content></subsection><subsection eId="section-80-3"><num>(3)</num><intro><p>In consequence of the amendment made by <ref href="#section-80-2">subsection (2)</ref>, in that Group—</p></intro><level class="para1" eId="section-80-3-a"><num>(a)</num><content><p><mod>for item 15 substitute—<quotedStructure startQuote="“" endQuote="”" uk:context="schedule" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="schedule" ukl:Format="double"><paragraph class="schProv1"><num>15</num><subparagraph><num>(1)</num><content><p>The sale of a motor vehicle that had been let on hire on relevant benefit terms, where such sale constitutes the first supply of the vehicle after the end of the period of such letting.</p></content></subparagraph><subparagraph eId="d28e16574"><num>(2)</num><intro><p>A vehicle has been let on hire on relevant benefit terms if—</p></intro><level class="para1"><num>(a)</num><intro><p>the letting on hire was to a disabled person in receipt of—</p></intro><level class="para2"><num>(i)</num><content><p>a relevant disability benefit by virtue of entitlement to the mobility component of that benefit,</p></content></level><level class="para2"><num>(ii)</num><content><p>an armed forces independence payment, or</p></content></level><level class="para2"><num>(iii)</num><content><p>mobility supplement,</p></content></level></level><level class="para1"><num>(b)</num><content><p>the letting was for a period of not less than 3 years,</p></content></level><level class="para1"><num>(c)</num><content><p>the vehicle was unused at the commencement of the period of letting, and</p></content></level><level class="para1" eId="d28e16616"><num>(d)</num><intro><p>the consideration for the letting consists wholly or partly of sums paid to the lessor by a relevant authority on behalf of the lessee in respect of—</p></intro><level class="para2"><num>(i)</num><content><p>the mobility component of a relevant disability benefit,</p></content></level><level class="para2"><num>(ii)</num><content><p>armed forces independence payment, or</p></content></level><level class="para2"><num>(iii)</num><content><p>mobility supplement.</p></content></level></level></subparagraph><subparagraph><num>(3)</num><intro><p>For the purposes of paragraph (2)—</p></intro><hcontainer name="definition"><intro><p>“<term refersTo="#term-relevant-authority">relevant authority</term>” means—</p></intro><level class="para1"><num>(a)</num><content><p>the Department for Work and Pensions,</p></content></level><level class="para1"><num>(b)</num><content><p>the Ministry of Defence,</p></content></level><level class="para1"><num>(c)</num><content><p>the Scottish Ministers, or</p></content></level><level class="para1"><num>(d)</num><content><p>the Department for Communities in Northern Ireland;</p></content></level></hcontainer><hcontainer name="definition"><intro><p>“<term refersTo="#term-relevant-disability-benefit">relevant disability benefit</term>” means—</p></intro><level class="para1"><num>(a)</num><content><p>disability living allowance,</p></content></level><level class="para1"><num>(b)</num><content><p>personal independence payment,</p></content></level><level class="para1"><num>(c)</num><content><p>Child Disability Payment,</p></content></level><level class="para1"><num>(d)</num><content><p>Adult Disability Payment, or</p></content></level><level class="para1"><num>(e)</num><content><p>Scottish Adult Disability Living Allowance.</p></content></level></hcontainer></subparagraph></paragraph></quotedStructure><inline name="appendText">,</inline></mod></p></content></level><level class="para1" eId="section-80-3-b"><num>(b)</num><content><p>omit note (6), and</p></content></level><level class="para1" eId="section-80-3-c"><num>(c)</num><intro><p>in note (7)—</p></intro><level class="para2" eId="section-80-3-c-i"><num>(i)</num><content><p><mod>in the words before paragraph (a), for “14” substitute <quotedText>“15”</quotedText>,</mod></p></content></level><level class="para2" eId="section-80-3-c-ii"><num>(ii)</num><content><p><mod>in paragraph (aa), for “the corresponding provision having effect in Northern Ireland” substitute <quotedText>“Part 5 of the Welfare Reform (Northern Ireland) Order 2015”</quotedText>,</mod></p></content></level><level class="para2" eId="section-80-3-c-iii"><num>(iii)</num><content><p><mod>in paragraph (aaa), for “disability assistance for children and young people” substitute <quotedText>“Child Disability Payment”</quotedText>,</mod></p></content></level><level class="para2" eId="section-80-3-c-iv"><num>(iv)</num><content><p><mod>in paragraph (aab), for “disability assistance for working age people” substitute <quotedText>“Adult Disability Payment”</quotedText>,</mod></p></content></level><level class="para2" eId="section-80-3-c-v"><num>(v)</num><content><p><mod>after that paragraph insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><level class="para1"><num>(aac)</num><content><p>“<term refersTo="#term-scottish-adult-disability-living-allowance">Scottish Adult Disability Living Allowance</term>” means a category of disability assistance for adults given in accordance with regulations made under section 31 of the Social Security (Scotland) Act 2018;</p></content></level></quotedStructure><inline name="appendText">, and</inline></mod></p></content></level><level class="para2" eId="section-80-3-c-vi"><num>(vi)</num><content><p><mod>for paragraph (b) substitute—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><level class="para1"><num>(b)</num><intro><p>“mobility supplement” is a mobility supplement within the meaning of—</p></intro><level class="para2"><num>(i)</num><content><p>Article 20 of the Naval, Military and Air Forces Etc. (Disablement and Death) Service Pensions Order 2006, or</p></content></level><level class="para2"><num>(ii)</num><content><p>Article 25A of the Personal Injuries (Civilians) Scheme 1983.</p></content></level></level></quotedStructure></mod></p></content></level></level></subsection><subsection eId="section-80-4"><num>(4)</num><content><p><mod>In Schedule 6 (valuation: special cases), after paragraph 11A insert—<quotedStructure startQuote="“" endQuote="”" uk:context="schedule" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="schedule" ukl:Format="double"><paragraph class="schProv1"><num>11B</num><subparagraph><num>(1)</num><content><p>This paragraph applies for the purposes of determining the value of a supply consisting of the letting on hire of a motor vehicle on relevant benefit terms.</p></content></subparagraph><subparagraph><num>(2)</num><content><p>But this paragraph is to be ignored for the purposes of Schedule 1 (VAT registration).</p></content></subparagraph><subparagraph><num>(3)</num><content><p>“<term refersTo="#term-relevant-benefit-terms">Relevant benefit terms</term>” is to be construed in accordance with paragraph <ref href="#d28e16574">(2)</ref> of item 15 in Group 12 in Schedule 8 (zero-rating).</p></content></subparagraph><subparagraph><num>(4)</num><content><p>Any amount of consideration for the letting that falls within sub-paragraph <ref href="#d28e16616">(d)</ref> of that paragraph (payments of relevant benefits) is to be disregarded in determining the amount of the consideration for the purposes of calculating the value of the supply under this Act.</p></content></subparagraph></paragraph></quotedStructure></mod></p></content></subsection><subsection eId="section-80-5"><num>(5)</num><intro><p>The amendments made by this section have effect in relation to leases of motor vehicles commencing on or after—</p></intro><level class="para1" eId="section-80-5-a"><num>(a)</num><content><p>1 July 2026, or</p></content></level><level class="para1" eId="section-80-5-b"><num>(b)</num><content><p>such later date as may be appointed in regulations made (before 1 July 2026) by statutory instrument by the Treasury.</p></content></level></subsection></section><section eId="section-81"><num>81</num><heading>Insurance premium tax relief limited to adapted vehicles</heading><subsection eId="section-81-1"><num>(1)</num><content><p><mod>In <ref eId="c00129" href="https://www.legislation.gov.uk/ukpga/1994/9/schedule/7A">Schedule 7A</ref> to <ref eId="c00130" href="https://www.legislation.gov.uk/ukpga/1994/9/contents">FA 1994</ref> (insurance premium tax: contracts that are not taxable), for <ref eId="c00131" href="https://www.legislation.gov.uk/ukpga/1994/9/schedule/7A/paragraph/3">paragraph 3</ref> (and the italic heading before it) substitute—<quotedStructure startQuote="“" endQuote="”" uk:context="schedule" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="schedule" ukl:Format="double"><hcontainer name="crossheading" class="schGroup7"><heading>Contracts relating to motor vehicles let on relevant benefit terms</heading><paragraph class="schProv1"><num>3</num><subparagraph><num>(1)</num><intro><p>A contract falls within this paragraph if it relates only to a motor vehicle and—</p></intro><level class="para1"><num>(a)</num><content><p>the vehicle is let on hire on relevant benefit terms to a person, and</p></content></level><level class="para1"><num>(b)</num><intro><p>the supply of the vehicle to that person is zero-rated for the purposes of the Value Added Tax Act 1994 as a result of it being a supply falling within—</p></intro><level class="para2"><num>(i)</num><content><p>paragraph (f) in item 2 in Group 12 in Schedule 8 to that Act, or</p></content></level><level class="para2"><num>(ii)</num><content><p>item 2A in that Group.</p></content></level></level></subparagraph><subparagraph><num>(2)</num><content><p>“<term refersTo="#term-relevant-benefit-terms">Relevant benefit terms</term>” is to be construed in accordance with paragraph <ref href="#d28e16574">(2)</ref> of item 15 in Group 12 in Schedule 8 to the Value Added Tax Act 1994 (zero-rating).</p></content></subparagraph></paragraph></hcontainer></quotedStructure></mod></p></content></subsection><subsection eId="section-81-2"><num>(2)</num><intro><p>The amendment made by <ref href="#section-81">this section</ref> has effect in relation to contracts relating to leases of motor vehicles where the lease commences on or after—</p></intro><level class="para1" eId="section-81-2-a"><num>(a)</num><content><p>1 July 2026, or</p></content></level><level class="para1" eId="section-81-2-b"><num>(b)</num><content><p>such later date as may be appointed in regulations made (before 1 July 2026) by statutory instrument by the Treasury.</p></content></level></subsection></section><section eId="section-82"><num>82</num><heading>Private hire vehicles or taxis</heading><subsection eId="section-82-1"><num>(1)</num><content><p><mod>In section 53 of VATA 1994 (tour operators), after subsection (3) insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><subsection><num>(3A)</num><intro><p>But a person is not a tour operator if and so far as their business consists of making supplies of services consisting of the transport of passengers by private hire vehicle or taxi, unless those supplies are made in conjunction with, and are ancillary to, the making of supplies by the person consisting of—</p></intro><level class="para1"><num>(a)</num><content><p>the provision of accommodation, or</p></content></level><level class="para1"><num>(b)</num><content><p>the transport of passengers by bus, coach, train, ship or aircraft.</p></content></level></subsection></quotedStructure></mod></p></content></subsection><subsection eId="section-82-2"><num>(2)</num><content><p>The amendment made by subsection <ref href="#section-82-1">(1)</ref> has effect in relation to supplies made on or after 2 January 2026.</p></content></subsection></section><section eId="section-83"><num>83</num><heading>Certain charitable donations not to be treated as supplies of goods</heading><subsection eId="section-83-1"><num>(1)</num><content><p>Schedule 4 to VATA 1994 (matters to be treated as supply of goods or services) is amended as follows.</p></content></subsection><subsection eId="section-83-2"><num>(2)</num><intro><p>In paragraph 5 (transfer of business goods treated as supply)—</p></intro><level class="para1" eId="section-83-2-a"><num>(a)</num><content><p><mod>in sub-paragraph (2), at the end insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><level class="para1"><num>(c)</num><content><p>a qualifying charitable donation.</p></content></level></quotedStructure><inline name="appendText">;</inline></mod></p></content></level><level class="para1" eId="section-83-2-b"><num>(b)</num><content><p><mod>in sub-paragraph (2ZA), at the appropriate place insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><hcontainer name="definition"><content><p>“<term refersTo="#term-qualifying-charitable-donation">qualifying charitable donation</term>” has the meaning given in paragraph <ref href="#d28e17049">5A</ref>;</p></content></hcontainer></quotedStructure><inline name="appendText">.</inline></mod></p></content></level></subsection><subsection eId="section-83-3"><num>(3)</num><content><p><mod>After paragraph 5 insert—<quotedStructure startQuote="“" endQuote="”" uk:context="schedule" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="schedule" ukl:Format="double"><paragraph eId="d28e17049" class="schProv1"><num>5A</num><subparagraph eId="d28e17053"><num>(1)</num><intro><p>In paragraph 5 “<term refersTo="#term-qualifying-charitable-donation">qualifying charitable donation</term>” means (subject to sub-paragraphs <ref href="#d28e17218">(6)</ref> and <ref href="#d28e17245">(7)</ref>) a donation of an item to a charity where—</p></intro><level class="para1" eId="d28e17068"><num>(a)</num><content><p>the item’s value does not exceed the applicable limit, and</p></content></level><level class="para1"><num>(b)</num><intro><p>the donation is made—</p></intro><level class="para2"><num>(i)</num><content><p>for use by the charity otherwise than in the course or furtherance of a business, or</p></content></level><level class="para2"><num>(ii)</num><content><p>for onward donation by the charity (whether or not to another charity).</p></content></level></level></subparagraph><subparagraph eId="d28e17092"><num>(2)</num><intro><p>In sub-paragraph <ref href="#d28e17053">(1)</ref><ref href="#d28e17068">(a)</ref> “<term refersTo="#term-the-applicable-limit">the applicable limit</term>” means—</p></intro><level class="para1"><num>(a)</num><intro><p>£200 where the item donated is any of the following—</p></intro><level class="para2"><num>(i)</num><content><p>a household appliance;</p></content></level><level class="para2"><num>(ii)</num><content><p>furniture;</p></content></level><level class="para2"><num>(iii)</num><content><p>flooring (including carpets and rugs);</p></content></level><level class="para2"><num>(iv)</num><content><p>a computer;</p></content></level><level class="para2"><num>(v)</num><content><p>a mobile phone;</p></content></level><level class="para2"><num>(vi)</num><content><p>a tablet;</p></content></level></level><level class="para1"><num>(b)</num><content><p>£100 in any other case.</p></content></level></subparagraph><subparagraph eId="d28e17154"><num>(3)</num><intro><p>For the purposes of sub-paragraph <ref href="#d28e17053">(1)</ref><ref href="#d28e17068">(a)</ref> an item’s value is taken to be the lower of—</p></intro><level class="para1" eId="d28e17165"><num>(a)</num><content><p>the cost to the donor of acquiring or, as the case may be, producing the item, and</p></content></level><level class="para1" eId="d28e17171"><num>(b)</num><intro><p>such consideration in money as would be payable by the donor if the donor were, at the time of the donation, to purchase—</p></intro><level class="para2" eId="d28e17177"><num>(i)</num><content><p>an item identical in every respect (including age and condition) to the item concerned, or</p></content></level><level class="para2"><num>(ii)</num><content><p>where such consideration cannot be determined on the basis described in sub-paragraph <ref href="#d28e17177">(i)</ref>, an item similar to and of the same age and condition as the item concerned;</p></content></level></level><wrapUp><p>but where the amount described in paragraph <ref href="#d28e17165">(a)</ref> is not known, the item’s value is taken to be the amount described in paragraph <ref href="#d28e17171">(b)</ref>.</p></wrapUp></subparagraph><subparagraph><num>(4)</num><content><p>Paragraph 5(2A) and (5A) (goods acquired by predecessor businesses) applies for the purposes of sub-paragraph <ref href="#d28e17154">(3)</ref>.</p></content></subparagraph><subparagraph><num>(5)</num><content><p>For the purposes of sub-paragraph <ref href="#d28e17154">(3)</ref> the amount of consideration in money that would be payable by the donor if they were to purchase any goods is taken to be the amount that would be so payable by the donor after the deduction of any amount included in the purchase price in respect of VAT on the supply of the goods to the donor.</p></content></subparagraph><subparagraph eId="d28e17218"><num>(6)</num><intro><p>A donation is not a qualifying charitable donation if the item donated is any of the following—</p></intro><level class="para1"><num>(a)</num><content><p>a tobacco product within the meaning of the Tobacco Products Duty Act 1979;</p></content></level><level class="para1"><num>(b)</num><content><p>a vaping product within the meaning of <ref href="#part-4">Part 4</ref> of the Finance Act 2026;</p></content></level><level class="para1"><num>(c)</num><content><p>an alcohol product within the meaning of Part 2 of the Finance (No.2) Act 2023, other than one belonging to a class or description on which alcohol duty is not charged under that Part of that Act.</p></content></level></subparagraph><subparagraph eId="d28e17245"><num>(7)</num><content><p>A donation is not a qualifying charitable donation if (disregarding this paragraph) it is a zero-rated supply.</p></content></subparagraph><subparagraph><num>(8)</num><content><p>The Treasury may by order amend this paragraph for the purpose of varying the definition of “the applicable limit” in sub-paragraph <ref href="#d28e17092">(2)</ref>.</p></content></subparagraph></paragraph></quotedStructure></mod></p></content></subsection><subsection eId="section-83-4"><num>(4)</num><content><p>The amendments made by <span><ref href="#section-83-1">subsections (1)</ref> to <ref href="#section-83-3">(3)</ref></span> have effect in relation to donations made on or after 1 April 2026.</p></content></subsection></section><section eId="section-84"><num>84</num><heading>Refunds of VAT to combined county authorities</heading><subsection eId="section-84-1"><num>(1)</num><content><p><mod>In section 33 of VATA 1994 (refunds of VAT in certain cases), in subsection (3)(a) (which provides for the section to apply to local authorities and combined authorities), for the words from “and” to the end substitute <quotedText>“, a combined authority established by an order made under section 103(1) of the Local Democracy, Economic Development and Construction Act 2009 and a combined county authority established by regulations made under section 9(1) of the Levelling-up and Regeneration Act 2023;”</quotedText>.</mod></p></content></subsection><subsection eId="section-84-2"><num>(2)</num><content><p>The amendment made by this section has effect in relation to supplies made, and importations or acquisitions taking place, on or after 1 December 2025.</p></content></subsection></section></hcontainer>
<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="section-80"><num>80</num><heading>Zero-rating of leases of vehicles to recipients of disability benefits</heading><subsection eId="section-80-1"><num>(1)</num><content><p>VATA 1994 is amended as follows.</p></content></subsection><subsection eId="section-80-2"><num>(2)</num><content><p>In Schedule 8, in Group 12 (drugs, medicines, aids for the disabled, etc), omit item 14.</p></content></subsection><subsection eId="section-80-3"><num>(3)</num><intro><p>In consequence of the amendment made by <ref href="#section-80-2">subsection (2)</ref>, in that Group—</p></intro><level class="para1" eId="section-80-3-a"><num>(a)</num><content><p><mod>for item 15 substitute—<quotedStructure startQuote="“" endQuote="”" uk:context="schedule" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="schedule" ukl:Format="double"><paragraph class="schProv1"><num>15</num><subparagraph><num>(1)</num><content><p>The sale of a motor vehicle that had been let on hire on relevant benefit terms, where such sale constitutes the first supply of the vehicle after the end of the period of such letting.</p></content></subparagraph><subparagraph eId="d28e16574"><num>(2)</num><intro><p>A vehicle has been let on hire on relevant benefit terms if—</p></intro><level class="para1"><num>(a)</num><intro><p>the letting on hire was to a disabled person in receipt of—</p></intro><level class="para2"><num>(i)</num><content><p>a relevant disability benefit by virtue of entitlement to the mobility component of that benefit,</p></content></level><level class="para2"><num>(ii)</num><content><p>an armed forces independence payment, or</p></content></level><level class="para2"><num>(iii)</num><content><p>mobility supplement,</p></content></level></level><level class="para1"><num>(b)</num><content><p>the letting was for a period of not less than 3 years,</p></content></level><level class="para1"><num>(c)</num><content><p>the vehicle was unused at the commencement of the period of letting, and</p></content></level><level class="para1" eId="d28e16616"><num>(d)</num><intro><p>the consideration for the letting consists wholly or partly of sums paid to the lessor by a relevant authority on behalf of the lessee in respect of—</p></intro><level class="para2"><num>(i)</num><content><p>the mobility component of a relevant disability benefit,</p></content></level><level class="para2"><num>(ii)</num><content><p>armed forces independence payment, or</p></content></level><level class="para2"><num>(iii)</num><content><p>mobility supplement.</p></content></level></level></subparagraph><subparagraph><num>(3)</num><intro><p>For the purposes of paragraph (2)—</p></intro><hcontainer name="definition"><intro><p>“<term refersTo="#term-relevant-authority">relevant authority</term>” means—</p></intro><level class="para1"><num>(a)</num><content><p>the Department for Work and Pensions,</p></content></level><level class="para1"><num>(b)</num><content><p>the Ministry of Defence,</p></content></level><level class="para1"><num>(c)</num><content><p>the Scottish Ministers, or</p></content></level><level class="para1"><num>(d)</num><content><p>the Department for Communities in Northern Ireland;</p></content></level></hcontainer><hcontainer name="definition"><intro><p>“<term refersTo="#term-relevant-disability-benefit">relevant disability benefit</term>” means—</p></intro><level class="para1"><num>(a)</num><content><p>disability living allowance,</p></content></level><level class="para1"><num>(b)</num><content><p>personal independence payment,</p></content></level><level class="para1"><num>(c)</num><content><p>Child Disability Payment,</p></content></level><level class="para1"><num>(d)</num><content><p>Adult Disability Payment, or</p></content></level><level class="para1"><num>(e)</num><content><p>Scottish Adult Disability Living Allowance.</p></content></level></hcontainer></subparagraph></paragraph></quotedStructure><inline name="appendText">,</inline></mod></p></content></level><level class="para1" eId="section-80-3-b"><num>(b)</num><content><p>omit note (6), and</p></content></level><level class="para1" eId="section-80-3-c"><num>(c)</num><intro><p>in note (7)—</p></intro><level class="para2" eId="section-80-3-c-i"><num>(i)</num><content><p><mod>in the words before paragraph (a), for “14” substitute <quotedText>“15”</quotedText>,</mod></p></content></level><level class="para2" eId="section-80-3-c-ii"><num>(ii)</num><content><p><mod>in paragraph (aa), for “the corresponding provision having effect in Northern Ireland” substitute <quotedText>“Part 5 of the Welfare Reform (Northern Ireland) Order 2015”</quotedText>,</mod></p></content></level><level class="para2" eId="section-80-3-c-iii"><num>(iii)</num><content><p><mod>in paragraph (aaa), for “disability assistance for children and young people” substitute <quotedText>“Child Disability Payment”</quotedText>,</mod></p></content></level><level class="para2" eId="section-80-3-c-iv"><num>(iv)</num><content><p><mod>in paragraph (aab), for “disability assistance for working age people” substitute <quotedText>“Adult Disability Payment”</quotedText>,</mod></p></content></level><level class="para2" eId="section-80-3-c-v"><num>(v)</num><content><p><mod>after that paragraph insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><level class="para1"><num>(aac)</num><content><p>“<term refersTo="#term-scottish-adult-disability-living-allowance">Scottish Adult Disability Living Allowance</term>” means a category of disability assistance for adults given in accordance with regulations made under section 31 of the Social Security (Scotland) Act 2018;</p></content></level></quotedStructure><inline name="appendText">, and</inline></mod></p></content></level><level class="para2" eId="section-80-3-c-vi"><num>(vi)</num><content><p><mod>for paragraph (b) substitute—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><level class="para1"><num>(b)</num><intro><p>“mobility supplement” is a mobility supplement within the meaning of—</p></intro><level class="para2"><num>(i)</num><content><p>Article 20 of the Naval, Military and Air Forces Etc. (Disablement and Death) Service Pensions Order 2006, or</p></content></level><level class="para2"><num>(ii)</num><content><p>Article 25A of the Personal Injuries (Civilians) Scheme 1983.</p></content></level></level></quotedStructure></mod></p></content></level></level></subsection><subsection eId="section-80-4"><num>(4)</num><content><p><mod>In Schedule 6 (valuation: special cases), after paragraph 11A insert—<quotedStructure startQuote="“" endQuote="”" uk:context="schedule" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="schedule" ukl:Format="double"><paragraph class="schProv1"><num>11B</num><subparagraph><num>(1)</num><content><p>This paragraph applies for the purposes of determining the value of a supply consisting of the letting on hire of a motor vehicle on relevant benefit terms.</p></content></subparagraph><subparagraph><num>(2)</num><content><p>But this paragraph is to be ignored for the purposes of Schedule 1 (VAT registration).</p></content></subparagraph><subparagraph><num>(3)</num><content><p>“<term refersTo="#term-relevant-benefit-terms">Relevant benefit terms</term>” is to be construed in accordance with paragraph <ref href="#d28e16574">(2)</ref> of item 15 in Group 12 in Schedule 8 (zero-rating).</p></content></subparagraph><subparagraph><num>(4)</num><content><p>Any amount of consideration for the letting that falls within sub-paragraph <ref href="#d28e16616">(d)</ref> of that paragraph (payments of relevant benefits) is to be disregarded in determining the amount of the consideration for the purposes of calculating the value of the supply under this Act.</p></content></subparagraph></paragraph></quotedStructure></mod></p></content></subsection><subsection eId="section-80-5"><num>(5)</num><intro><p>The amendments made by this section have effect in relation to leases of motor vehicles commencing on or after—</p></intro><level class="para1" eId="section-80-5-a"><num>(a)</num><content><p>1 July 2026, or</p></content></level><level class="para1" eId="section-80-5-b"><num>(b)</num><content><p>such later date as may be appointed in regulations made (before 1 July 2026) by statutory instrument by the Treasury.</p></content></level></subsection></section>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-80-1"><num>(1)</num><content><p>VATA 1994 is amended as follows.</p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-80-2"><num>(2)</num><content><p>In Schedule 8, in Group 12 (drugs, medicines, aids for the disabled, etc), omit item 14.</p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="section-80-3"><num>(3)</num><intro><p>In consequence of the amendment made by <ref href="#section-80-2">subsection (2)</ref>, in that Group—</p></intro><level class="para1" eId="section-80-3-a"><num>(a)</num><content><p><mod>for item 15 substitute—<quotedStructure startQuote="“" endQuote="”" uk:context="schedule" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="schedule" ukl:Format="double"><paragraph class="schProv1"><num>15</num><subparagraph><num>(1)</num><content><p>The sale of a motor vehicle that had been let on hire on relevant benefit terms, where such sale constitutes the first supply of the vehicle after the end of the period of such letting.</p></content></subparagraph><subparagraph eId="d28e16574"><num>(2)</num><intro><p>A vehicle has been let on hire on relevant benefit terms if—</p></intro><level class="para1"><num>(a)</num><intro><p>the letting on hire was to a disabled person in receipt of—</p></intro><level class="para2"><num>(i)</num><content><p>a relevant disability benefit by virtue of entitlement to the mobility component of that benefit,</p></content></level><level class="para2"><num>(ii)</num><content><p>an armed forces independence payment, or</p></content></level><level class="para2"><num>(iii)</num><content><p>mobility supplement,</p></content></level></level><level class="para1"><num>(b)</num><content><p>the letting was for a period of not less than 3 years,</p></content></level><level class="para1"><num>(c)</num><content><p>the vehicle was unused at the commencement of the period of letting, and</p></content></level><level class="para1" eId="d28e16616"><num>(d)</num><intro><p>the consideration for the letting consists wholly or partly of sums paid to the lessor by a relevant authority on behalf of the lessee in respect of—</p></intro><level class="para2"><num>(i)</num><content><p>the mobility component of a relevant disability benefit,</p></content></level><level class="para2"><num>(ii)</num><content><p>armed forces independence payment, or</p></content></level><level class="para2"><num>(iii)</num><content><p>mobility supplement.</p></content></level></level></subparagraph><subparagraph><num>(3)</num><intro><p>For the purposes of paragraph (2)—</p></intro><hcontainer name="definition"><intro><p>“<term refersTo="#term-relevant-authority">relevant authority</term>” means—</p></intro><level class="para1"><num>(a)</num><content><p>the Department for Work and Pensions,</p></content></level><level class="para1"><num>(b)</num><content><p>the Ministry of Defence,</p></content></level><level class="para1"><num>(c)</num><content><p>the Scottish Ministers, or</p></content></level><level class="para1"><num>(d)</num><content><p>the Department for Communities in Northern Ireland;</p></content></level></hcontainer><hcontainer name="definition"><intro><p>“<term refersTo="#term-relevant-disability-benefit">relevant disability benefit</term>” means—</p></intro><level class="para1"><num>(a)</num><content><p>disability living allowance,</p></content></level><level class="para1"><num>(b)</num><content><p>personal independence payment,</p></content></level><level class="para1"><num>(c)</num><content><p>Child Disability Payment,</p></content></level><level class="para1"><num>(d)</num><content><p>Adult Disability Payment, or</p></content></level><level class="para1"><num>(e)</num><content><p>Scottish Adult Disability Living Allowance.</p></content></level></hcontainer></subparagraph></paragraph></quotedStructure><inline name="appendText">,</inline></mod></p></content></level><level class="para1" eId="section-80-3-b"><num>(b)</num><content><p>omit note (6), and</p></content></level><level class="para1" eId="section-80-3-c"><num>(c)</num><intro><p>in note (7)—</p></intro><level class="para2" eId="section-80-3-c-i"><num>(i)</num><content><p><mod>in the words before paragraph (a), for “14” substitute <quotedText>“15”</quotedText>,</mod></p></content></level><level class="para2" eId="section-80-3-c-ii"><num>(ii)</num><content><p><mod>in paragraph (aa), for “the corresponding provision having effect in Northern Ireland” substitute <quotedText>“Part 5 of the Welfare Reform (Northern Ireland) Order 2015”</quotedText>,</mod></p></content></level><level class="para2" eId="section-80-3-c-iii"><num>(iii)</num><content><p><mod>in paragraph (aaa), for “disability assistance for children and young people” substitute <quotedText>“Child Disability Payment”</quotedText>,</mod></p></content></level><level class="para2" eId="section-80-3-c-iv"><num>(iv)</num><content><p><mod>in paragraph (aab), for “disability assistance for working age people” substitute <quotedText>“Adult Disability Payment”</quotedText>,</mod></p></content></level><level class="para2" eId="section-80-3-c-v"><num>(v)</num><content><p><mod>after that paragraph insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><level class="para1"><num>(aac)</num><content><p>“<term refersTo="#term-scottish-adult-disability-living-allowance">Scottish Adult Disability Living Allowance</term>” means a category of disability assistance for adults given in accordance with regulations made under section 31 of the Social Security (Scotland) Act 2018;</p></content></level></quotedStructure><inline name="appendText">, and</inline></mod></p></content></level><level class="para2" eId="section-80-3-c-vi"><num>(vi)</num><content><p><mod>for paragraph (b) substitute—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><level class="para1"><num>(b)</num><intro><p>“mobility supplement” is a mobility supplement within the meaning of—</p></intro><level class="para2"><num>(i)</num><content><p>Article 20 of the Naval, Military and Air Forces Etc. (Disablement and Death) Service Pensions Order 2006, or</p></content></level><level class="para2"><num>(ii)</num><content><p>Article 25A of the Personal Injuries (Civilians) Scheme 1983.</p></content></level></level></quotedStructure></mod></p></content></level></level></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" class="para1" eId="section-80-3-a"><num>(a)</num><content><p><mod>for item 15 substitute—<quotedStructure startQuote="“" endQuote="”" uk:context="schedule" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="schedule" ukl:Format="double"><paragraph class="schProv1"><num>15</num><subparagraph><num>(1)</num><content><p>The sale of a motor vehicle that had been let on hire on relevant benefit terms, where such sale constitutes the first supply of the vehicle after the end of the period of such letting.</p></content></subparagraph><subparagraph eId="d28e16574"><num>(2)</num><intro><p>A vehicle has been let on hire on relevant benefit terms if—</p></intro><level class="para1"><num>(a)</num><intro><p>the letting on hire was to a disabled person in receipt of—</p></intro><level class="para2"><num>(i)</num><content><p>a relevant disability benefit by virtue of entitlement to the mobility component of that benefit,</p></content></level><level class="para2"><num>(ii)</num><content><p>an armed forces independence payment, or</p></content></level><level class="para2"><num>(iii)</num><content><p>mobility supplement,</p></content></level></level><level class="para1"><num>(b)</num><content><p>the letting was for a period of not less than 3 years,</p></content></level><level class="para1"><num>(c)</num><content><p>the vehicle was unused at the commencement of the period of letting, and</p></content></level><level class="para1" eId="d28e16616"><num>(d)</num><intro><p>the consideration for the letting consists wholly or partly of sums paid to the lessor by a relevant authority on behalf of the lessee in respect of—</p></intro><level class="para2"><num>(i)</num><content><p>the mobility component of a relevant disability benefit,</p></content></level><level class="para2"><num>(ii)</num><content><p>armed forces independence payment, or</p></content></level><level class="para2"><num>(iii)</num><content><p>mobility supplement.</p></content></level></level></subparagraph><subparagraph><num>(3)</num><intro><p>For the purposes of paragraph (2)—</p></intro><hcontainer name="definition"><intro><p>“<term refersTo="#term-relevant-authority">relevant authority</term>” means—</p></intro><level class="para1"><num>(a)</num><content><p>the Department for Work and Pensions,</p></content></level><level class="para1"><num>(b)</num><content><p>the Ministry of Defence,</p></content></level><level class="para1"><num>(c)</num><content><p>the Scottish Ministers, or</p></content></level><level class="para1"><num>(d)</num><content><p>the Department for Communities in Northern Ireland;</p></content></level></hcontainer><hcontainer name="definition"><intro><p>“<term refersTo="#term-relevant-disability-benefit">relevant disability benefit</term>” means—</p></intro><level class="para1"><num>(a)</num><content><p>disability living allowance,</p></content></level><level class="para1"><num>(b)</num><content><p>personal independence payment,</p></content></level><level class="para1"><num>(c)</num><content><p>Child Disability Payment,</p></content></level><level class="para1"><num>(d)</num><content><p>Adult Disability Payment, or</p></content></level><level class="para1"><num>(e)</num><content><p>Scottish Adult Disability Living Allowance.</p></content></level></hcontainer></subparagraph></paragraph></quotedStructure><inline name="appendText">,</inline></mod></p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-80-3-b"><num>(b)</num><content><p>omit note (6), and</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" class="para1" eId="section-80-3-c"><num>(c)</num><intro><p>in note (7)—</p></intro><level class="para2" eId="section-80-3-c-i"><num>(i)</num><content><p><mod>in the words before paragraph (a), for “14” substitute <quotedText>“15”</quotedText>,</mod></p></content></level><level class="para2" eId="section-80-3-c-ii"><num>(ii)</num><content><p><mod>in paragraph (aa), for “the corresponding provision having effect in Northern Ireland” substitute <quotedText>“Part 5 of the Welfare Reform (Northern Ireland) Order 2015”</quotedText>,</mod></p></content></level><level class="para2" eId="section-80-3-c-iii"><num>(iii)</num><content><p><mod>in paragraph (aaa), for “disability assistance for children and young people” substitute <quotedText>“Child Disability Payment”</quotedText>,</mod></p></content></level><level class="para2" eId="section-80-3-c-iv"><num>(iv)</num><content><p><mod>in paragraph (aab), for “disability assistance for working age people” substitute <quotedText>“Adult Disability Payment”</quotedText>,</mod></p></content></level><level class="para2" eId="section-80-3-c-v"><num>(v)</num><content><p><mod>after that paragraph insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><level class="para1"><num>(aac)</num><content><p>“<term refersTo="#term-scottish-adult-disability-living-allowance">Scottish Adult Disability Living Allowance</term>” means a category of disability assistance for adults given in accordance with regulations made under section 31 of the Social Security (Scotland) Act 2018;</p></content></level></quotedStructure><inline name="appendText">, and</inline></mod></p></content></level><level class="para2" eId="section-80-3-c-vi"><num>(vi)</num><content><p><mod>for paragraph (b) substitute—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><level class="para1"><num>(b)</num><intro><p>“mobility supplement” is a mobility supplement within the meaning of—</p></intro><level class="para2"><num>(i)</num><content><p>Article 20 of the Naval, Military and Air Forces Etc. (Disablement and Death) Service Pensions Order 2006, or</p></content></level><level class="para2"><num>(ii)</num><content><p>Article 25A of the Personal Injuries (Civilians) Scheme 1983.</p></content></level></level></quotedStructure></mod></p></content></level></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para2" eId="section-80-3-c-i"><num>(i)</num><content><p><mod>in the words before paragraph (a), for “14” substitute <quotedText>“15”</quotedText>,</mod></p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para2" eId="section-80-3-c-ii"><num>(ii)</num><content><p><mod>in paragraph (aa), for “the corresponding provision having effect in Northern Ireland” substitute <quotedText>“Part 5 of the Welfare Reform (Northern Ireland) Order 2015”</quotedText>,</mod></p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para2" eId="section-80-3-c-iii"><num>(iii)</num><content><p><mod>in paragraph (aaa), for “disability assistance for children and young people” substitute <quotedText>“Child Disability Payment”</quotedText>,</mod></p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para2" eId="section-80-3-c-iv"><num>(iv)</num><content><p><mod>in paragraph (aab), for “disability assistance for working age people” substitute <quotedText>“Adult Disability Payment”</quotedText>,</mod></p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" class="para2" eId="section-80-3-c-v"><num>(v)</num><content><p><mod>after that paragraph insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><level class="para1"><num>(aac)</num><content><p>“<term refersTo="#term-scottish-adult-disability-living-allowance">Scottish Adult Disability Living Allowance</term>” means a category of disability assistance for adults given in accordance with regulations made under section 31 of the Social Security (Scotland) Act 2018;</p></content></level></quotedStructure><inline name="appendText">, and</inline></mod></p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" class="para2" eId="section-80-3-c-vi"><num>(vi)</num><content><p><mod>for paragraph (b) substitute—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><level class="para1"><num>(b)</num><intro><p>“mobility supplement” is a mobility supplement within the meaning of—</p></intro><level class="para2"><num>(i)</num><content><p>Article 20 of the Naval, Military and Air Forces Etc. (Disablement and Death) Service Pensions Order 2006, or</p></content></level><level class="para2"><num>(ii)</num><content><p>Article 25A of the Personal Injuries (Civilians) Scheme 1983.</p></content></level></level></quotedStructure></mod></p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="section-80-4"><num>(4)</num><content><p><mod>In Schedule 6 (valuation: special cases), after paragraph 11A insert—<quotedStructure startQuote="“" endQuote="”" uk:context="schedule" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="schedule" ukl:Format="double"><paragraph class="schProv1"><num>11B</num><subparagraph><num>(1)</num><content><p>This paragraph applies for the purposes of determining the value of a supply consisting of the letting on hire of a motor vehicle on relevant benefit terms.</p></content></subparagraph><subparagraph><num>(2)</num><content><p>But this paragraph is to be ignored for the purposes of Schedule 1 (VAT registration).</p></content></subparagraph><subparagraph><num>(3)</num><content><p>“<term refersTo="#term-relevant-benefit-terms">Relevant benefit terms</term>” is to be construed in accordance with paragraph <ref href="#d28e16574">(2)</ref> of item 15 in Group 12 in Schedule 8 (zero-rating).</p></content></subparagraph><subparagraph><num>(4)</num><content><p>Any amount of consideration for the letting that falls within sub-paragraph <ref href="#d28e16616">(d)</ref> of that paragraph (payments of relevant benefits) is to be disregarded in determining the amount of the consideration for the purposes of calculating the value of the supply under this Act.</p></content></subparagraph></paragraph></quotedStructure></mod></p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-80-5"><num>(5)</num><intro><p>The amendments made by this section have effect in relation to leases of motor vehicles commencing on or after—</p></intro><level class="para1" eId="section-80-5-a"><num>(a)</num><content><p>1 July 2026, or</p></content></level><level class="para1" eId="section-80-5-b"><num>(b)</num><content><p>such later date as may be appointed in regulations made (before 1 July 2026) by statutory instrument by the Treasury.</p></content></level></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-80-5-a"><num>(a)</num><content><p>1 July 2026, or</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-80-5-b"><num>(b)</num><content><p>such later date as may be appointed in regulations made (before 1 July 2026) by statutory instrument by the Treasury.</p></content></level>
<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="section-81"><num>81</num><heading>Insurance premium tax relief limited to adapted vehicles</heading><subsection eId="section-81-1"><num>(1)</num><content><p><mod>In <ref eId="c00129" href="https://www.legislation.gov.uk/ukpga/1994/9/schedule/7A">Schedule 7A</ref> to <ref eId="c00130" href="https://www.legislation.gov.uk/ukpga/1994/9/contents">FA 1994</ref> (insurance premium tax: contracts that are not taxable), for <ref eId="c00131" href="https://www.legislation.gov.uk/ukpga/1994/9/schedule/7A/paragraph/3">paragraph 3</ref> (and the italic heading before it) substitute—<quotedStructure startQuote="“" endQuote="”" uk:context="schedule" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="schedule" ukl:Format="double"><hcontainer name="crossheading" class="schGroup7"><heading>Contracts relating to motor vehicles let on relevant benefit terms</heading><paragraph class="schProv1"><num>3</num><subparagraph><num>(1)</num><intro><p>A contract falls within this paragraph if it relates only to a motor vehicle and—</p></intro><level class="para1"><num>(a)</num><content><p>the vehicle is let on hire on relevant benefit terms to a person, and</p></content></level><level class="para1"><num>(b)</num><intro><p>the supply of the vehicle to that person is zero-rated for the purposes of the Value Added Tax Act 1994 as a result of it being a supply falling within—</p></intro><level class="para2"><num>(i)</num><content><p>paragraph (f) in item 2 in Group 12 in Schedule 8 to that Act, or</p></content></level><level class="para2"><num>(ii)</num><content><p>item 2A in that Group.</p></content></level></level></subparagraph><subparagraph><num>(2)</num><content><p>“<term refersTo="#term-relevant-benefit-terms">Relevant benefit terms</term>” is to be construed in accordance with paragraph <ref href="#d28e16574">(2)</ref> of item 15 in Group 12 in Schedule 8 to the Value Added Tax Act 1994 (zero-rating).</p></content></subparagraph></paragraph></hcontainer></quotedStructure></mod></p></content></subsection><subsection eId="section-81-2"><num>(2)</num><intro><p>The amendment made by <ref href="#section-81">this section</ref> has effect in relation to contracts relating to leases of motor vehicles where the lease commences on or after—</p></intro><level class="para1" eId="section-81-2-a"><num>(a)</num><content><p>1 July 2026, or</p></content></level><level class="para1" eId="section-81-2-b"><num>(b)</num><content><p>such later date as may be appointed in regulations made (before 1 July 2026) by statutory instrument by the Treasury.</p></content></level></subsection></section>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="section-81-1"><num>(1)</num><content><p><mod>In <ref eId="c00129" href="https://www.legislation.gov.uk/ukpga/1994/9/schedule/7A">Schedule 7A</ref> to <ref eId="c00130" href="https://www.legislation.gov.uk/ukpga/1994/9/contents">FA 1994</ref> (insurance premium tax: contracts that are not taxable), for <ref eId="c00131" href="https://www.legislation.gov.uk/ukpga/1994/9/schedule/7A/paragraph/3">paragraph 3</ref> (and the italic heading before it) substitute—<quotedStructure startQuote="“" endQuote="”" uk:context="schedule" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="schedule" ukl:Format="double"><hcontainer name="crossheading" class="schGroup7"><heading>Contracts relating to motor vehicles let on relevant benefit terms</heading><paragraph class="schProv1"><num>3</num><subparagraph><num>(1)</num><intro><p>A contract falls within this paragraph if it relates only to a motor vehicle and—</p></intro><level class="para1"><num>(a)</num><content><p>the vehicle is let on hire on relevant benefit terms to a person, and</p></content></level><level class="para1"><num>(b)</num><intro><p>the supply of the vehicle to that person is zero-rated for the purposes of the Value Added Tax Act 1994 as a result of it being a supply falling within—</p></intro><level class="para2"><num>(i)</num><content><p>paragraph (f) in item 2 in Group 12 in Schedule 8 to that Act, or</p></content></level><level class="para2"><num>(ii)</num><content><p>item 2A in that Group.</p></content></level></level></subparagraph><subparagraph><num>(2)</num><content><p>“<term refersTo="#term-relevant-benefit-terms">Relevant benefit terms</term>” is to be construed in accordance with paragraph <ref href="#d28e16574">(2)</ref> of item 15 in Group 12 in Schedule 8 to the Value Added Tax Act 1994 (zero-rating).</p></content></subparagraph></paragraph></hcontainer></quotedStructure></mod></p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-81-2"><num>(2)</num><intro><p>The amendment made by <ref href="#section-81">this section</ref> has effect in relation to contracts relating to leases of motor vehicles where the lease commences on or after—</p></intro><level class="para1" eId="section-81-2-a"><num>(a)</num><content><p>1 July 2026, or</p></content></level><level class="para1" eId="section-81-2-b"><num>(b)</num><content><p>such later date as may be appointed in regulations made (before 1 July 2026) by statutory instrument by the Treasury.</p></content></level></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-81-2-a"><num>(a)</num><content><p>1 July 2026, or</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-81-2-b"><num>(b)</num><content><p>such later date as may be appointed in regulations made (before 1 July 2026) by statutory instrument by the Treasury.</p></content></level>
<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="section-82"><num>82</num><heading>Private hire vehicles or taxis</heading><subsection eId="section-82-1"><num>(1)</num><content><p><mod>In section 53 of VATA 1994 (tour operators), after subsection (3) insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><subsection><num>(3A)</num><intro><p>But a person is not a tour operator if and so far as their business consists of making supplies of services consisting of the transport of passengers by private hire vehicle or taxi, unless those supplies are made in conjunction with, and are ancillary to, the making of supplies by the person consisting of—</p></intro><level class="para1"><num>(a)</num><content><p>the provision of accommodation, or</p></content></level><level class="para1"><num>(b)</num><content><p>the transport of passengers by bus, coach, train, ship or aircraft.</p></content></level></subsection></quotedStructure></mod></p></content></subsection><subsection eId="section-82-2"><num>(2)</num><content><p>The amendment made by subsection <ref href="#section-82-1">(1)</ref> has effect in relation to supplies made on or after 2 January 2026.</p></content></subsection></section>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="section-82-1"><num>(1)</num><content><p><mod>In section 53 of VATA 1994 (tour operators), after subsection (3) insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><subsection><num>(3A)</num><intro><p>But a person is not a tour operator if and so far as their business consists of making supplies of services consisting of the transport of passengers by private hire vehicle or taxi, unless those supplies are made in conjunction with, and are ancillary to, the making of supplies by the person consisting of—</p></intro><level class="para1"><num>(a)</num><content><p>the provision of accommodation, or</p></content></level><level class="para1"><num>(b)</num><content><p>the transport of passengers by bus, coach, train, ship or aircraft.</p></content></level></subsection></quotedStructure></mod></p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-82-2"><num>(2)</num><content><p>The amendment made by subsection <ref href="#section-82-1">(1)</ref> has effect in relation to supplies made on or after 2 January 2026.</p></content></subsection>
<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="section-83"><num>83</num><heading>Certain charitable donations not to be treated as supplies of goods</heading><subsection eId="section-83-1"><num>(1)</num><content><p>Schedule 4 to VATA 1994 (matters to be treated as supply of goods or services) is amended as follows.</p></content></subsection><subsection eId="section-83-2"><num>(2)</num><intro><p>In paragraph 5 (transfer of business goods treated as supply)—</p></intro><level class="para1" eId="section-83-2-a"><num>(a)</num><content><p><mod>in sub-paragraph (2), at the end insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><level class="para1"><num>(c)</num><content><p>a qualifying charitable donation.</p></content></level></quotedStructure><inline name="appendText">;</inline></mod></p></content></level><level class="para1" eId="section-83-2-b"><num>(b)</num><content><p><mod>in sub-paragraph (2ZA), at the appropriate place insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><hcontainer name="definition"><content><p>“<term refersTo="#term-qualifying-charitable-donation">qualifying charitable donation</term>” has the meaning given in paragraph <ref href="#d28e17049">5A</ref>;</p></content></hcontainer></quotedStructure><inline name="appendText">.</inline></mod></p></content></level></subsection><subsection eId="section-83-3"><num>(3)</num><content><p><mod>After paragraph 5 insert—<quotedStructure startQuote="“" endQuote="”" uk:context="schedule" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="schedule" ukl:Format="double"><paragraph eId="d28e17049" class="schProv1"><num>5A</num><subparagraph eId="d28e17053"><num>(1)</num><intro><p>In paragraph 5 “<term refersTo="#term-qualifying-charitable-donation">qualifying charitable donation</term>” means (subject to sub-paragraphs <ref href="#d28e17218">(6)</ref> and <ref href="#d28e17245">(7)</ref>) a donation of an item to a charity where—</p></intro><level class="para1" eId="d28e17068"><num>(a)</num><content><p>the item’s value does not exceed the applicable limit, and</p></content></level><level class="para1"><num>(b)</num><intro><p>the donation is made—</p></intro><level class="para2"><num>(i)</num><content><p>for use by the charity otherwise than in the course or furtherance of a business, or</p></content></level><level class="para2"><num>(ii)</num><content><p>for onward donation by the charity (whether or not to another charity).</p></content></level></level></subparagraph><subparagraph eId="d28e17092"><num>(2)</num><intro><p>In sub-paragraph <ref href="#d28e17053">(1)</ref><ref href="#d28e17068">(a)</ref> “<term refersTo="#term-the-applicable-limit">the applicable limit</term>” means—</p></intro><level class="para1"><num>(a)</num><intro><p>£200 where the item donated is any of the following—</p></intro><level class="para2"><num>(i)</num><content><p>a household appliance;</p></content></level><level class="para2"><num>(ii)</num><content><p>furniture;</p></content></level><level class="para2"><num>(iii)</num><content><p>flooring (including carpets and rugs);</p></content></level><level class="para2"><num>(iv)</num><content><p>a computer;</p></content></level><level class="para2"><num>(v)</num><content><p>a mobile phone;</p></content></level><level class="para2"><num>(vi)</num><content><p>a tablet;</p></content></level></level><level class="para1"><num>(b)</num><content><p>£100 in any other case.</p></content></level></subparagraph><subparagraph eId="d28e17154"><num>(3)</num><intro><p>For the purposes of sub-paragraph <ref href="#d28e17053">(1)</ref><ref href="#d28e17068">(a)</ref> an item’s value is taken to be the lower of—</p></intro><level class="para1" eId="d28e17165"><num>(a)</num><content><p>the cost to the donor of acquiring or, as the case may be, producing the item, and</p></content></level><level class="para1" eId="d28e17171"><num>(b)</num><intro><p>such consideration in money as would be payable by the donor if the donor were, at the time of the donation, to purchase—</p></intro><level class="para2" eId="d28e17177"><num>(i)</num><content><p>an item identical in every respect (including age and condition) to the item concerned, or</p></content></level><level class="para2"><num>(ii)</num><content><p>where such consideration cannot be determined on the basis described in sub-paragraph <ref href="#d28e17177">(i)</ref>, an item similar to and of the same age and condition as the item concerned;</p></content></level></level><wrapUp><p>but where the amount described in paragraph <ref href="#d28e17165">(a)</ref> is not known, the item’s value is taken to be the amount described in paragraph <ref href="#d28e17171">(b)</ref>.</p></wrapUp></subparagraph><subparagraph><num>(4)</num><content><p>Paragraph 5(2A) and (5A) (goods acquired by predecessor businesses) applies for the purposes of sub-paragraph <ref href="#d28e17154">(3)</ref>.</p></content></subparagraph><subparagraph><num>(5)</num><content><p>For the purposes of sub-paragraph <ref href="#d28e17154">(3)</ref> the amount of consideration in money that would be payable by the donor if they were to purchase any goods is taken to be the amount that would be so payable by the donor after the deduction of any amount included in the purchase price in respect of VAT on the supply of the goods to the donor.</p></content></subparagraph><subparagraph eId="d28e17218"><num>(6)</num><intro><p>A donation is not a qualifying charitable donation if the item donated is any of the following—</p></intro><level class="para1"><num>(a)</num><content><p>a tobacco product within the meaning of the Tobacco Products Duty Act 1979;</p></content></level><level class="para1"><num>(b)</num><content><p>a vaping product within the meaning of <ref href="#part-4">Part 4</ref> of the Finance Act 2026;</p></content></level><level class="para1"><num>(c)</num><content><p>an alcohol product within the meaning of Part 2 of the Finance (No.2) Act 2023, other than one belonging to a class or description on which alcohol duty is not charged under that Part of that Act.</p></content></level></subparagraph><subparagraph eId="d28e17245"><num>(7)</num><content><p>A donation is not a qualifying charitable donation if (disregarding this paragraph) it is a zero-rated supply.</p></content></subparagraph><subparagraph><num>(8)</num><content><p>The Treasury may by order amend this paragraph for the purpose of varying the definition of “the applicable limit” in sub-paragraph <ref href="#d28e17092">(2)</ref>.</p></content></subparagraph></paragraph></quotedStructure></mod></p></content></subsection><subsection eId="section-83-4"><num>(4)</num><content><p>The amendments made by <span><ref href="#section-83-1">subsections (1)</ref> to <ref href="#section-83-3">(3)</ref></span> have effect in relation to donations made on or after 1 April 2026.</p></content></subsection></section>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-83-1"><num>(1)</num><content><p>Schedule 4 to VATA 1994 (matters to be treated as supply of goods or services) is amended as follows.</p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="section-83-2"><num>(2)</num><intro><p>In paragraph 5 (transfer of business goods treated as supply)—</p></intro><level class="para1" eId="section-83-2-a"><num>(a)</num><content><p><mod>in sub-paragraph (2), at the end insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><level class="para1"><num>(c)</num><content><p>a qualifying charitable donation.</p></content></level></quotedStructure><inline name="appendText">;</inline></mod></p></content></level><level class="para1" eId="section-83-2-b"><num>(b)</num><content><p><mod>in sub-paragraph (2ZA), at the appropriate place insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><hcontainer name="definition"><content><p>“<term refersTo="#term-qualifying-charitable-donation">qualifying charitable donation</term>” has the meaning given in paragraph <ref href="#d28e17049">5A</ref>;</p></content></hcontainer></quotedStructure><inline name="appendText">.</inline></mod></p></content></level></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" class="para1" eId="section-83-2-a"><num>(a)</num><content><p><mod>in sub-paragraph (2), at the end insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><level class="para1"><num>(c)</num><content><p>a qualifying charitable donation.</p></content></level></quotedStructure><inline name="appendText">;</inline></mod></p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" class="para1" eId="section-83-2-b"><num>(b)</num><content><p><mod>in sub-paragraph (2ZA), at the appropriate place insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><hcontainer name="definition"><content><p>“<term refersTo="#term-qualifying-charitable-donation">qualifying charitable donation</term>” has the meaning given in paragraph <ref href="#d28e17049">5A</ref>;</p></content></hcontainer></quotedStructure><inline name="appendText">.</inline></mod></p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="section-83-3"><num>(3)</num><content><p><mod>After paragraph 5 insert—<quotedStructure startQuote="“" endQuote="”" uk:context="schedule" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="schedule" ukl:Format="double"><paragraph eId="d28e17049" class="schProv1"><num>5A</num><subparagraph eId="d28e17053"><num>(1)</num><intro><p>In paragraph 5 “<term refersTo="#term-qualifying-charitable-donation">qualifying charitable donation</term>” means (subject to sub-paragraphs <ref href="#d28e17218">(6)</ref> and <ref href="#d28e17245">(7)</ref>) a donation of an item to a charity where—</p></intro><level class="para1" eId="d28e17068"><num>(a)</num><content><p>the item’s value does not exceed the applicable limit, and</p></content></level><level class="para1"><num>(b)</num><intro><p>the donation is made—</p></intro><level class="para2"><num>(i)</num><content><p>for use by the charity otherwise than in the course or furtherance of a business, or</p></content></level><level class="para2"><num>(ii)</num><content><p>for onward donation by the charity (whether or not to another charity).</p></content></level></level></subparagraph><subparagraph eId="d28e17092"><num>(2)</num><intro><p>In sub-paragraph <ref href="#d28e17053">(1)</ref><ref href="#d28e17068">(a)</ref> “<term refersTo="#term-the-applicable-limit">the applicable limit</term>” means—</p></intro><level class="para1"><num>(a)</num><intro><p>£200 where the item donated is any of the following—</p></intro><level class="para2"><num>(i)</num><content><p>a household appliance;</p></content></level><level class="para2"><num>(ii)</num><content><p>furniture;</p></content></level><level class="para2"><num>(iii)</num><content><p>flooring (including carpets and rugs);</p></content></level><level class="para2"><num>(iv)</num><content><p>a computer;</p></content></level><level class="para2"><num>(v)</num><content><p>a mobile phone;</p></content></level><level class="para2"><num>(vi)</num><content><p>a tablet;</p></content></level></level><level class="para1"><num>(b)</num><content><p>£100 in any other case.</p></content></level></subparagraph><subparagraph eId="d28e17154"><num>(3)</num><intro><p>For the purposes of sub-paragraph <ref href="#d28e17053">(1)</ref><ref href="#d28e17068">(a)</ref> an item’s value is taken to be the lower of—</p></intro><level class="para1" eId="d28e17165"><num>(a)</num><content><p>the cost to the donor of acquiring or, as the case may be, producing the item, and</p></content></level><level class="para1" eId="d28e17171"><num>(b)</num><intro><p>such consideration in money as would be payable by the donor if the donor were, at the time of the donation, to purchase—</p></intro><level class="para2" eId="d28e17177"><num>(i)</num><content><p>an item identical in every respect (including age and condition) to the item concerned, or</p></content></level><level class="para2"><num>(ii)</num><content><p>where such consideration cannot be determined on the basis described in sub-paragraph <ref href="#d28e17177">(i)</ref>, an item similar to and of the same age and condition as the item concerned;</p></content></level></level><wrapUp><p>but where the amount described in paragraph <ref href="#d28e17165">(a)</ref> is not known, the item’s value is taken to be the amount described in paragraph <ref href="#d28e17171">(b)</ref>.</p></wrapUp></subparagraph><subparagraph><num>(4)</num><content><p>Paragraph 5(2A) and (5A) (goods acquired by predecessor businesses) applies for the purposes of sub-paragraph <ref href="#d28e17154">(3)</ref>.</p></content></subparagraph><subparagraph><num>(5)</num><content><p>For the purposes of sub-paragraph <ref href="#d28e17154">(3)</ref> the amount of consideration in money that would be payable by the donor if they were to purchase any goods is taken to be the amount that would be so payable by the donor after the deduction of any amount included in the purchase price in respect of VAT on the supply of the goods to the donor.</p></content></subparagraph><subparagraph eId="d28e17218"><num>(6)</num><intro><p>A donation is not a qualifying charitable donation if the item donated is any of the following—</p></intro><level class="para1"><num>(a)</num><content><p>a tobacco product within the meaning of the Tobacco Products Duty Act 1979;</p></content></level><level class="para1"><num>(b)</num><content><p>a vaping product within the meaning of <ref href="#part-4">Part 4</ref> of the Finance Act 2026;</p></content></level><level class="para1"><num>(c)</num><content><p>an alcohol product within the meaning of Part 2 of the Finance (No.2) Act 2023, other than one belonging to a class or description on which alcohol duty is not charged under that Part of that Act.</p></content></level></subparagraph><subparagraph eId="d28e17245"><num>(7)</num><content><p>A donation is not a qualifying charitable donation if (disregarding this paragraph) it is a zero-rated supply.</p></content></subparagraph><subparagraph><num>(8)</num><content><p>The Treasury may by order amend this paragraph for the purpose of varying the definition of “the applicable limit” in sub-paragraph <ref href="#d28e17092">(2)</ref>.</p></content></subparagraph></paragraph></quotedStructure></mod></p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-83-4"><num>(4)</num><content><p>The amendments made by <span><ref href="#section-83-1">subsections (1)</ref> to <ref href="#section-83-3">(3)</ref></span> have effect in relation to donations made on or after 1 April 2026.</p></content></subsection>
<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-84"><num>84</num><heading>Refunds of VAT to combined county authorities</heading><subsection eId="section-84-1"><num>(1)</num><content><p><mod>In section 33 of VATA 1994 (refunds of VAT in certain cases), in subsection (3)(a) (which provides for the section to apply to local authorities and combined authorities), for the words from “and” to the end substitute <quotedText>“, a combined authority established by an order made under section 103(1) of the Local Democracy, Economic Development and Construction Act 2009 and a combined county authority established by regulations made under section 9(1) of the Levelling-up and Regeneration Act 2023;”</quotedText>.</mod></p></content></subsection><subsection eId="section-84-2"><num>(2)</num><content><p>The amendment made by this section has effect in relation to supplies made, and importations or acquisitions taking place, on or after 1 December 2025.</p></content></subsection></section>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-84-1"><num>(1)</num><content><p><mod>In section 33 of VATA 1994 (refunds of VAT in certain cases), in subsection (3)(a) (which provides for the section to apply to local authorities and combined authorities), for the words from “and” to the end substitute <quotedText>“, a combined authority established by an order made under section 103(1) of the Local Democracy, Economic Development and Construction Act 2009 and a combined county authority established by regulations made under section 9(1) of the Levelling-up and Regeneration Act 2023;”</quotedText>.</mod></p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-84-2"><num>(2)</num><content><p>The amendment made by this section has effect in relation to supplies made, and importations or acquisitions taking place, on or after 1 December 2025.</p></content></subsection>
<hcontainer xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" name="crossheading" ukl:Name="Pblock" eId="part-3-crossheading-stamp-duty-reserve-tax"><heading>Stamp duty reserve tax</heading><section eId="section-85"><num>85</num><heading>UK listing relief</heading><subsection eId="section-85-1"><num>(1)</num><content><p><mod>After section 89B of FA 1986 (stamp duty reserve tax) insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><section><num>89C</num><heading>Section 87: UK listing relief</heading><subsection eId="d28e17319"><num>(1)</num><intro><p>Section 87 does not apply as regards an agreement to transfer chargeable securities in a listed company—</p></intro><level class="para1" eId="d28e17325"><num>(a)</num><content><p>that was first listed after the beginning of the period of 3 years ending with the relevant day, and</p></content></level><level class="para1"><num>(b)</num><content><p>whose shares are admitted to trading on a UK regulated market,</p></content></level><wrapUp><p>if none of the following exclusions apply.</p></wrapUp></subsection><subsection><num>(2)</num><intro><p>Exclusion A (listed company mergers) applies if the listing referred to in <ref href="#d28e17319">subsection (1)</ref><ref href="#d28e17325">(a)</ref> was connected to arrangements by which—</p></intro><level class="para1"><num>(a)</num><content><p>a listed company took control of another listed company,</p></content></level><level class="para1"><num>(b)</num><content><p>a company took control of two or more listed companies, or</p></content></level><level class="para1"><num>(c)</num><content><p>two or more listed companies merged all or substantially all of their businesses.</p></content></level></subsection><subsection><num>(3)</num><intro><p>Exclusion B (new holding company) applies if—</p></intro><level class="para1"><num>(a)</num><content><p>the listing referred to in <ref href="#d28e17319">subsection (1)</ref><ref href="#d28e17325">(a)</ref> was connected to arrangements by which the company took control of another company, and</p></content></level><level class="para1"><num>(b)</num><intro><p>immediately before those arrangements, the other company was—</p></intro><level class="para2"><num>(i)</num><content><p>listed other than by reference to depositary interests, and</p></content></level><level class="para2"><num>(ii)</num><content><p>controlled by the person or persons who, at the time of the listing referred to in <ref href="#d28e17319">subsection (1)</ref><ref href="#d28e17325">(a)</ref>, controlled the company.</p></content></level></level></subsection><subsection><num>(4)</num><intro><p>Exclusion C (change of control) applies if—</p></intro><level class="para1"><num>(a)</num><content><p>during the period beginning with the listing referred to in <ref href="#d28e17319">subsection (1)</ref><ref href="#d28e17325">(a)</ref> and ending with the relevant day, there was a change of control in the company, or</p></content></level><level class="para1"><num>(b)</num><content><p>the agreement to transfer forms part of arrangements changing control in the company.</p></content></level></subsection><subsection><num>(5)</num><intro><p>In <ref href="#d28e17319">subsection (1)</ref><ref href="#d28e17325">(a)</ref>, the reference to a company being first listed is a reference to—</p></intro><level class="para1"><num>(a)</num><content><p>in the case of a company falling within <ref href="#d28e17462">subsection (6)</ref>, the company first making a regulatory announcement to the effect that it has taken control of a company as described in <ref href="#d28e17462">subsection (6)</ref><ref href="#d28e17474">(b)</ref>, or</p></content></level><level class="para1"><num>(b)</num><content><p>in other cases, shares in the company being admitted to the official list at a time when no other shares of the company were included in the official list.</p></content></level></subsection><subsection eId="d28e17462"><num>(6)</num><intro><p>A company falls within this subsection if—</p></intro><level class="para1"><num>(a)</num><content><p>shares in the company were admitted to the official list at a time when the company’s assets consisted wholly or mainly of cash or short-dated securities, and</p></content></level><level class="para1" eId="d28e17474"><num>(b)</num><content><p>the shares were admitted with a view to the company taking control of an unlisted company before the end of a certain period.</p></content></level></subsection><subsection><num>(7)</num><intro><p>In this section—</p></intro><level class="para1"><num>(a)</num><content><p>a reference to a company being listed is a reference to shares in the company being included in the official list;</p></content></level><level class="para1"><num>(b)</num><intro><p>a reference to shares being included in the official list is a reference to shares—</p></intro><level class="para2"><num>(i)</num><content><p>being included in the official list in accordance with <ref eId="c00132" href="https://www.legislation.gov.uk/ukpga/2000/8/part/6">Part 6</ref> of the <ref eId="c00133" href="https://www.legislation.gov.uk/ukpga/2000/8/contents">Financial Services and Markets Act 2000</ref> (“<term refersTo="#term-fsma">FSMA</term>”) (see <ref eId="c00134" href="https://www.legislation.gov.uk/ukpga/2000/8/section/74">section 74</ref> of <ref eId="c00135" href="https://www.legislation.gov.uk/ukpga/2000/8/contents">that Act</ref>), or</p></content></level><level class="para2"><num>(ii)</num><content><p>not being included only by reason of suspension under <ref eId="c00136" href="https://www.legislation.gov.uk/ukpga/2000/8/part/6">that Part</ref>;</p></content></level></level><level class="para1"><num>(c)</num><content><p>a reference to shares being admitted to the official list has the same meaning as in <ref eId="c00137" href="https://www.legislation.gov.uk/ukpga/2000/8/part/6">that Part</ref>;</p></content></level><level class="para1"><num>(d)</num><content><p>a reference to shares includes a reference to depositary interests in shares.</p></content></level></subsection><subsection><num>(8)</num><intro><p>In this section—</p></intro><hcontainer name="definition"><content><p>“<term refersTo="#term-arrangements">arrangements</term>” includes any preliminary steps taken in connection with arrangements;</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-control">control</term>” has the meaning given in section 1124 of the Corporation Tax Act 2010;</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-depositary-interest">depositary interest</term>” has the meaning given in regulations made under section 119 of the Finance Act 1999 (power to exempt UK depositary interests in foreign securities);</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-regulatory-announcement">regulatory announcement</term>” means an announcement required by, and made in accordance with, Part 6 rules made under section 73A of FSMA;</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-relevant-day">relevant day</term>” has the meaning given in section 87(3);</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-uk-regulated-market">UK regulated market</term>” has the same meaning as in <ref eId="c00138" href="http://www.legislation.gov.uk/european/regulation/2014/0600">Regulation (EU) No 600/2014</ref> of the European Parliament and of the Council of 15 May 2014 on markets in financial instruments (see Article 2(13A)).</p></content></hcontainer></subsection></section></quotedStructure></mod></p></content></subsection><subsection eId="section-85-2"><num>(2)</num><content><p>The amendment made by subsection (1) has effect in relation to an agreement to transfer chargeable securities in a company that is first listed on or after 27 November 2025 (with “first listed” having the same meaning as in section 89C(1)(a) of FA 1986, as inserted by subsection (1)).</p></content></subsection></section></hcontainer>
<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="section-85"><num>85</num><heading>UK listing relief</heading><subsection eId="section-85-1"><num>(1)</num><content><p><mod>After section 89B of FA 1986 (stamp duty reserve tax) insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><section><num>89C</num><heading>Section 87: UK listing relief</heading><subsection eId="d28e17319"><num>(1)</num><intro><p>Section 87 does not apply as regards an agreement to transfer chargeable securities in a listed company—</p></intro><level class="para1" eId="d28e17325"><num>(a)</num><content><p>that was first listed after the beginning of the period of 3 years ending with the relevant day, and</p></content></level><level class="para1"><num>(b)</num><content><p>whose shares are admitted to trading on a UK regulated market,</p></content></level><wrapUp><p>if none of the following exclusions apply.</p></wrapUp></subsection><subsection><num>(2)</num><intro><p>Exclusion A (listed company mergers) applies if the listing referred to in <ref href="#d28e17319">subsection (1)</ref><ref href="#d28e17325">(a)</ref> was connected to arrangements by which—</p></intro><level class="para1"><num>(a)</num><content><p>a listed company took control of another listed company,</p></content></level><level class="para1"><num>(b)</num><content><p>a company took control of two or more listed companies, or</p></content></level><level class="para1"><num>(c)</num><content><p>two or more listed companies merged all or substantially all of their businesses.</p></content></level></subsection><subsection><num>(3)</num><intro><p>Exclusion B (new holding company) applies if—</p></intro><level class="para1"><num>(a)</num><content><p>the listing referred to in <ref href="#d28e17319">subsection (1)</ref><ref href="#d28e17325">(a)</ref> was connected to arrangements by which the company took control of another company, and</p></content></level><level class="para1"><num>(b)</num><intro><p>immediately before those arrangements, the other company was—</p></intro><level class="para2"><num>(i)</num><content><p>listed other than by reference to depositary interests, and</p></content></level><level class="para2"><num>(ii)</num><content><p>controlled by the person or persons who, at the time of the listing referred to in <ref href="#d28e17319">subsection (1)</ref><ref href="#d28e17325">(a)</ref>, controlled the company.</p></content></level></level></subsection><subsection><num>(4)</num><intro><p>Exclusion C (change of control) applies if—</p></intro><level class="para1"><num>(a)</num><content><p>during the period beginning with the listing referred to in <ref href="#d28e17319">subsection (1)</ref><ref href="#d28e17325">(a)</ref> and ending with the relevant day, there was a change of control in the company, or</p></content></level><level class="para1"><num>(b)</num><content><p>the agreement to transfer forms part of arrangements changing control in the company.</p></content></level></subsection><subsection><num>(5)</num><intro><p>In <ref href="#d28e17319">subsection (1)</ref><ref href="#d28e17325">(a)</ref>, the reference to a company being first listed is a reference to—</p></intro><level class="para1"><num>(a)</num><content><p>in the case of a company falling within <ref href="#d28e17462">subsection (6)</ref>, the company first making a regulatory announcement to the effect that it has taken control of a company as described in <ref href="#d28e17462">subsection (6)</ref><ref href="#d28e17474">(b)</ref>, or</p></content></level><level class="para1"><num>(b)</num><content><p>in other cases, shares in the company being admitted to the official list at a time when no other shares of the company were included in the official list.</p></content></level></subsection><subsection eId="d28e17462"><num>(6)</num><intro><p>A company falls within this subsection if—</p></intro><level class="para1"><num>(a)</num><content><p>shares in the company were admitted to the official list at a time when the company’s assets consisted wholly or mainly of cash or short-dated securities, and</p></content></level><level class="para1" eId="d28e17474"><num>(b)</num><content><p>the shares were admitted with a view to the company taking control of an unlisted company before the end of a certain period.</p></content></level></subsection><subsection><num>(7)</num><intro><p>In this section—</p></intro><level class="para1"><num>(a)</num><content><p>a reference to a company being listed is a reference to shares in the company being included in the official list;</p></content></level><level class="para1"><num>(b)</num><intro><p>a reference to shares being included in the official list is a reference to shares—</p></intro><level class="para2"><num>(i)</num><content><p>being included in the official list in accordance with <ref eId="c00132" href="https://www.legislation.gov.uk/ukpga/2000/8/part/6">Part 6</ref> of the <ref eId="c00133" href="https://www.legislation.gov.uk/ukpga/2000/8/contents">Financial Services and Markets Act 2000</ref> (“<term refersTo="#term-fsma">FSMA</term>”) (see <ref eId="c00134" href="https://www.legislation.gov.uk/ukpga/2000/8/section/74">section 74</ref> of <ref eId="c00135" href="https://www.legislation.gov.uk/ukpga/2000/8/contents">that Act</ref>), or</p></content></level><level class="para2"><num>(ii)</num><content><p>not being included only by reason of suspension under <ref eId="c00136" href="https://www.legislation.gov.uk/ukpga/2000/8/part/6">that Part</ref>;</p></content></level></level><level class="para1"><num>(c)</num><content><p>a reference to shares being admitted to the official list has the same meaning as in <ref eId="c00137" href="https://www.legislation.gov.uk/ukpga/2000/8/part/6">that Part</ref>;</p></content></level><level class="para1"><num>(d)</num><content><p>a reference to shares includes a reference to depositary interests in shares.</p></content></level></subsection><subsection><num>(8)</num><intro><p>In this section—</p></intro><hcontainer name="definition"><content><p>“<term refersTo="#term-arrangements">arrangements</term>” includes any preliminary steps taken in connection with arrangements;</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-control">control</term>” has the meaning given in section 1124 of the Corporation Tax Act 2010;</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-depositary-interest">depositary interest</term>” has the meaning given in regulations made under section 119 of the Finance Act 1999 (power to exempt UK depositary interests in foreign securities);</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-regulatory-announcement">regulatory announcement</term>” means an announcement required by, and made in accordance with, Part 6 rules made under section 73A of FSMA;</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-relevant-day">relevant day</term>” has the meaning given in section 87(3);</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-uk-regulated-market">UK regulated market</term>” has the same meaning as in <ref eId="c00138" href="http://www.legislation.gov.uk/european/regulation/2014/0600">Regulation (EU) No 600/2014</ref> of the European Parliament and of the Council of 15 May 2014 on markets in financial instruments (see Article 2(13A)).</p></content></hcontainer></subsection></section></quotedStructure></mod></p></content></subsection><subsection eId="section-85-2"><num>(2)</num><content><p>The amendment made by subsection (1) has effect in relation to an agreement to transfer chargeable securities in a company that is first listed on or after 27 November 2025 (with “first listed” having the same meaning as in section 89C(1)(a) of FA 1986, as inserted by subsection (1)).</p></content></subsection></section>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="section-85-1"><num>(1)</num><content><p><mod>After section 89B of FA 1986 (stamp duty reserve tax) insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><section><num>89C</num><heading>Section 87: UK listing relief</heading><subsection eId="d28e17319"><num>(1)</num><intro><p>Section 87 does not apply as regards an agreement to transfer chargeable securities in a listed company—</p></intro><level class="para1" eId="d28e17325"><num>(a)</num><content><p>that was first listed after the beginning of the period of 3 years ending with the relevant day, and</p></content></level><level class="para1"><num>(b)</num><content><p>whose shares are admitted to trading on a UK regulated market,</p></content></level><wrapUp><p>if none of the following exclusions apply.</p></wrapUp></subsection><subsection><num>(2)</num><intro><p>Exclusion A (listed company mergers) applies if the listing referred to in <ref href="#d28e17319">subsection (1)</ref><ref href="#d28e17325">(a)</ref> was connected to arrangements by which—</p></intro><level class="para1"><num>(a)</num><content><p>a listed company took control of another listed company,</p></content></level><level class="para1"><num>(b)</num><content><p>a company took control of two or more listed companies, or</p></content></level><level class="para1"><num>(c)</num><content><p>two or more listed companies merged all or substantially all of their businesses.</p></content></level></subsection><subsection><num>(3)</num><intro><p>Exclusion B (new holding company) applies if—</p></intro><level class="para1"><num>(a)</num><content><p>the listing referred to in <ref href="#d28e17319">subsection (1)</ref><ref href="#d28e17325">(a)</ref> was connected to arrangements by which the company took control of another company, and</p></content></level><level class="para1"><num>(b)</num><intro><p>immediately before those arrangements, the other company was—</p></intro><level class="para2"><num>(i)</num><content><p>listed other than by reference to depositary interests, and</p></content></level><level class="para2"><num>(ii)</num><content><p>controlled by the person or persons who, at the time of the listing referred to in <ref href="#d28e17319">subsection (1)</ref><ref href="#d28e17325">(a)</ref>, controlled the company.</p></content></level></level></subsection><subsection><num>(4)</num><intro><p>Exclusion C (change of control) applies if—</p></intro><level class="para1"><num>(a)</num><content><p>during the period beginning with the listing referred to in <ref href="#d28e17319">subsection (1)</ref><ref href="#d28e17325">(a)</ref> and ending with the relevant day, there was a change of control in the company, or</p></content></level><level class="para1"><num>(b)</num><content><p>the agreement to transfer forms part of arrangements changing control in the company.</p></content></level></subsection><subsection><num>(5)</num><intro><p>In <ref href="#d28e17319">subsection (1)</ref><ref href="#d28e17325">(a)</ref>, the reference to a company being first listed is a reference to—</p></intro><level class="para1"><num>(a)</num><content><p>in the case of a company falling within <ref href="#d28e17462">subsection (6)</ref>, the company first making a regulatory announcement to the effect that it has taken control of a company as described in <ref href="#d28e17462">subsection (6)</ref><ref href="#d28e17474">(b)</ref>, or</p></content></level><level class="para1"><num>(b)</num><content><p>in other cases, shares in the company being admitted to the official list at a time when no other shares of the company were included in the official list.</p></content></level></subsection><subsection eId="d28e17462"><num>(6)</num><intro><p>A company falls within this subsection if—</p></intro><level class="para1"><num>(a)</num><content><p>shares in the company were admitted to the official list at a time when the company’s assets consisted wholly or mainly of cash or short-dated securities, and</p></content></level><level class="para1" eId="d28e17474"><num>(b)</num><content><p>the shares were admitted with a view to the company taking control of an unlisted company before the end of a certain period.</p></content></level></subsection><subsection><num>(7)</num><intro><p>In this section—</p></intro><level class="para1"><num>(a)</num><content><p>a reference to a company being listed is a reference to shares in the company being included in the official list;</p></content></level><level class="para1"><num>(b)</num><intro><p>a reference to shares being included in the official list is a reference to shares—</p></intro><level class="para2"><num>(i)</num><content><p>being included in the official list in accordance with <ref eId="c00132" href="https://www.legislation.gov.uk/ukpga/2000/8/part/6">Part 6</ref> of the <ref eId="c00133" href="https://www.legislation.gov.uk/ukpga/2000/8/contents">Financial Services and Markets Act 2000</ref> (“<term refersTo="#term-fsma">FSMA</term>”) (see <ref eId="c00134" href="https://www.legislation.gov.uk/ukpga/2000/8/section/74">section 74</ref> of <ref eId="c00135" href="https://www.legislation.gov.uk/ukpga/2000/8/contents">that Act</ref>), or</p></content></level><level class="para2"><num>(ii)</num><content><p>not being included only by reason of suspension under <ref eId="c00136" href="https://www.legislation.gov.uk/ukpga/2000/8/part/6">that Part</ref>;</p></content></level></level><level class="para1"><num>(c)</num><content><p>a reference to shares being admitted to the official list has the same meaning as in <ref eId="c00137" href="https://www.legislation.gov.uk/ukpga/2000/8/part/6">that Part</ref>;</p></content></level><level class="para1"><num>(d)</num><content><p>a reference to shares includes a reference to depositary interests in shares.</p></content></level></subsection><subsection><num>(8)</num><intro><p>In this section—</p></intro><hcontainer name="definition"><content><p>“<term refersTo="#term-arrangements">arrangements</term>” includes any preliminary steps taken in connection with arrangements;</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-control">control</term>” has the meaning given in section 1124 of the Corporation Tax Act 2010;</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-depositary-interest">depositary interest</term>” has the meaning given in regulations made under section 119 of the Finance Act 1999 (power to exempt UK depositary interests in foreign securities);</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-regulatory-announcement">regulatory announcement</term>” means an announcement required by, and made in accordance with, Part 6 rules made under section 73A of FSMA;</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-relevant-day">relevant day</term>” has the meaning given in section 87(3);</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-uk-regulated-market">UK regulated market</term>” has the same meaning as in <ref eId="c00138" href="http://www.legislation.gov.uk/european/regulation/2014/0600">Regulation (EU) No 600/2014</ref> of the European Parliament and of the Council of 15 May 2014 on markets in financial instruments (see Article 2(13A)).</p></content></hcontainer></subsection></section></quotedStructure></mod></p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-85-2"><num>(2)</num><content><p>The amendment made by subsection (1) has effect in relation to an agreement to transfer chargeable securities in a company that is first listed on or after 27 November 2025 (with “first listed” having the same meaning as in section 89C(1)(a) of FA 1986, as inserted by subsection (1)).</p></content></subsection>
<hcontainer xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:default="http://www.w3.org/1999/xhtml" name="crossheading" ukl:Name="Pblock" eId="part-3-crossheading-gambling-duties"><heading>Gambling duties</heading><section eId="section-86"><num>86</num><heading>Rate of remote gaming duty</heading><subsection eId="section-86-1"><num>(1)</num><content><p><mod>In Chapter 3 of Part 3 of FA 2014 (remote gaming duty), in section 155(3) (which specifies the rate), for “21%” substitute <quotedText>“40%”</quotedText>.</mod></p></content></subsection><subsection eId="section-86-2"><num>(2)</num><content><p>The amendment made by this section has effect in relation to accounting periods beginning on or after 1 April 2026.</p></content></subsection><subsection eId="section-86-3"><num>(3)</num><intro><p>In a case where an accounting period (a “straddling period”) begins before 1 April 2026 and ends on or after that date—</p></intro><level class="para1" eId="section-86-3-a"><num>(a)</num><content><p>so much of the straddling period as falls before 1 April 2026, and</p></content></level><level class="para1" eId="section-86-3-b"><num>(b)</num><content><p>so much of it as falls on or after that date,</p></content></level><wrapUp><p>are to be treated as separate accounting periods for the purpose of calculating the duty concerned for the straddling period.</p></wrapUp></subsection><subsection eId="section-86-4"><num>(4)</num><content><p>For the purposes of subsection <ref href="#section-86-3">(3)</ref>, the amount on which duty is charged is apportioned to those separate accounting periods on a time basis according to the respective lengths of those periods.</p></content></subsection></section><section eId="section-87"><num>87</num><heading>General betting duty on remote bets</heading><subsection eId="section-87-1"><num>(1)</num><content><p>Chapter 1 of Part 3 of FA 2014 (general betting duty) is amended as follows.</p></content></subsection><subsection eId="section-87-2"><num>(2)</num><content><p><mod>In the cross-heading after section 125, after “General” insert <quotedText>“, remote”</quotedText>.</mod></p></content></subsection><subsection eId="section-87-3"><num>(3)</num><content><p><mod>In section 126 (meaning of “<term refersTo="#term-general-bet" eId="term-general-bet">general bet</term>”), in subsection (1) after paragraph (a) insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><level class="para1"><num>(aa)</num><content><p>it is not a remote bet,</p></content></level></quotedStructure><inline name="appendText">.</inline></mod></p></content></subsection><subsection eId="section-87-4"><num>(4)</num><content><p><mod>After 127 (general bets) insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><section eId="d28e17705"><num>127A</num><heading>General betting duty charge on remote bets</heading><subsection><num>(1)</num><content><p>General betting duty is charged on a remote bet made with a bookmaker.</p></content></subsection><subsection><num>(2)</num><content><p>It is charged at the rate of 25% of the bookmaker’s profits on remote bets for an accounting period.</p></content></subsection><subsection><num>(3)</num><intro><p>The bookmaker’s profits on remote bets for an accounting period are the aggregate of—</p></intro><level class="para1"><num>(a)</num><content><p>the amount of the bookmaker’s ordinary profits for the period in respect of remote bets (calculated in accordance with section 131), and</p></content></level><level class="para1"><num>(b)</num><content><p>the amount of the bookmaker’s retained winnings profits for the period in respect of remote bets (calculated in accordance with section 132).</p></content></level></subsection><subsection><num>(4)</num><intro><p>Where the calculation for an accounting period under subsection (3) produces a negative amount—</p></intro><level class="para1"><num>(a)</num><content><p>the bookmaker’s profits on remote bets for the accounting period are treated as nil, and</p></content></level><level class="para1"><num>(b)</num><content><p>the amount produced by the calculation may be carried forward in reduction of the bookmaker’s profits on remote bets for one or more later accounting periods.</p></content></level></subsection><subsection><num>(5)</num><intro><p>A bet is a remote bet for the purposes of this Part if—</p></intro><level class="para1"><num>(a)</num><content><p>it is made using remote communication,</p></content></level><level class="para1"><num>(b)</num><content><p>it is not an on-course bet, a spread bet or made by way of pool betting,</p></content></level><level class="para1"><num>(c)</num><content><p>it is not made using a self-service betting terminal, and</p></content></level><level class="para1"><num>(d)</num><content><p>condition B or C in section 126 is met in relation to it.</p></content></level></subsection><subsection eId="d28e17787"><num>(6)</num><intro><p>The reference here to “remote communication” is to communication using—</p></intro><level class="para1"><num>(a)</num><content><p>the internet,</p></content></level><level class="para1"><num>(b)</num><content><p>telephone,</p></content></level><level class="para1"><num>(c)</num><content><p>television,</p></content></level><level class="para1"><num>(d)</num><content><p>radio, or</p></content></level><level class="para1"><num>(e)</num><content><p>any other kind of electronic or other technology for facilitating communication.</p></content></level></subsection><subsection><num>(7)</num><content><p>A bet is to be treated as not being a remote bet for the purposes of this Part if it is made wholly in relation to horse racing taking place in the United Kingdom.</p></content></subsection><subsection><num>(8)</num><intro><p>In this section, “<term refersTo="#term-self-service-betting-terminal">self-service betting terminal</term>” means a machine which—</p></intro><level class="para1"><num>(a)</num><content><p>is designed or adapted for use to bet on future real events,</p></content></level><level class="para1"><num>(b)</num><content><p>is not a gaming machine (within the meaning of section 235 of the Gambling Act 2005), and</p></content></level><level class="para1"><num>(c)</num><content><p>is located on premises in respect of which there is a betting premises licence (within the meaning of section 150(1)(e) of the Gambling Act 2005) or a bookmaking office licence (within the meaning of Article 2(2) of the Betting, Gaming, Lotteries and Amusements (Northern Ireland) Order 1985 (<ref eId="c00139" href="http://www.legislation.gov.uk/id/uksi/1985/1204">S.I. 1985/1204</ref>)).</p></content></level></subsection><subsection eId="d28e17859"><num>(9)</num><content><p>The Treasury may by regulations amend <ref href="#d28e17787">subsection (6)</ref>.</p></content></subsection></section></quotedStructure></mod></p></content></subsection><subsection eId="section-87-5"><num>(5)</num><content><p><mod>In section 190 of FA 2014 (index of defined expressions), in the Table, after the entry for “registrable person” insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><tblock class="table" ukl:Orientation="portrait"><foreign><default:table xmlns="http://www.w3.org/1999/xhtml"><default:colgroup><default:col span="1" style="width:50%"/><default:col span="1" style="width:50%"/></default:colgroup><default:tbody><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">remote bet</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0"><ref href="#d28e17705">section 127A</ref></p></default:td></default:tr></default:tbody></default:table></foreign></tblock></quotedStructure><inline name="appendText">.</inline></mod></p></content></subsection><subsection eId="section-87-6"><num>(6)</num><content><p><mod>In section 194(4) of FA 2014 (made affirmative procedure for regulations), before paragraph (za) insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><level class="para1"><num>(zza)</num><content><p>regulations under <ref href="#d28e17705">section 127A</ref><ref href="#d28e17859">(9)</ref> which have the effect of adding to the class of bets falling with the definition of “remote bet”;</p></content></level></quotedStructure><inline name="appendText">.</inline></mod></p></content></subsection><subsection eId="section-87-7"><num>(7)</num><content><p>This section has effect in relation to accounting periods beginning on or after 1 April 2027, and the charge under section <ref href="#d28e17705">127A</ref> of FA 2014 is on bets made on or after that date.</p></content></subsection><subsection eId="section-87-8"><num>(8)</num><intro><p>In a case where an accounting period (a “straddling period”) begins before 1 April 2027 and ends on or after that date—</p></intro><level class="para1" eId="section-87-8-a"><num>(a)</num><content><p>so much of the straddling period as falls before 1 April 2027, and</p></content></level><level class="para1" eId="section-87-8-b"><num>(b)</num><content><p>so much of it as falls on or after that date,</p></content></level><wrapUp><p>are to be treated as separate accounting periods for the purpose of calculating the duty concerned for the straddling period.</p></wrapUp></subsection><subsection eId="section-87-9"><num>(9)</num><content><p>For the purposes of <ref href="#section-87-8">subsection (8)</ref>, the amount on which duty is charged is apportioned to those separate accounting periods on a time basis according to the respective lengths of those periods.</p></content></subsection></section><section eId="section-88"><num>88</num><heading>Abolition of bingo duty</heading><subsection eId="section-88-1"><num>(1)</num><intro><p>Omit—</p></intro><level class="para1" eId="section-88-1-a"><num>(a)</num><content><p>sections 17 to 20C and 31 of the Betting and Gaming Duties Act 1981 (bingo duty);</p></content></level><level class="para1" eId="section-88-1-b"><num>(b)</num><content><p>the cross-heading before section 17 of that Act;</p></content></level><level class="para1" eId="section-88-1-c"><num>(c)</num><content><p>Schedule 3 to that Act (further provision about bingo duty).</p></content></level></subsection><subsection eId="section-88-2"><num>(2)</num><intro><p><ref href="#schedule-13">Schedule 13</ref> makes—</p></intro><level class="para1" eId="section-88-2-a"><num>(a)</num><content><p>provision in consequence of <ref href="#section-88-1">subsection (1)</ref>;</p></content></level><level class="para1" eId="section-88-2-b"><num>(b)</num><content><p>transitional and saving provision.</p></content></level></subsection><subsection eId="section-88-3"><num>(3)</num><content><p>The repeals and amendments made by <ref href="#section-88">this section</ref> and <ref href="#schedule-13">Schedule 13</ref> come into force on 1 April 2026.</p></content></subsection><subsection eId="section-88-4"><num>(4)</num><content><p>The Treasury may by regulations make such further transitional, transitory or saving provision as the Treasury consider appropriate in connection with the coming into force of those repeals and amendments.</p></content></subsection><subsection eId="section-88-5"><num>(5)</num><content><p>Regulations under <ref href="#section-88-4">subsection (4)</ref> are to be made by statutory instrument.</p></content></subsection></section></hcontainer>
<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-86"><num>86</num><heading>Rate of remote gaming duty</heading><subsection eId="section-86-1"><num>(1)</num><content><p><mod>In Chapter 3 of Part 3 of FA 2014 (remote gaming duty), in section 155(3) (which specifies the rate), for “21%” substitute <quotedText>“40%”</quotedText>.</mod></p></content></subsection><subsection eId="section-86-2"><num>(2)</num><content><p>The amendment made by this section has effect in relation to accounting periods beginning on or after 1 April 2026.</p></content></subsection><subsection eId="section-86-3"><num>(3)</num><intro><p>In a case where an accounting period (a “straddling period”) begins before 1 April 2026 and ends on or after that date—</p></intro><level class="para1" eId="section-86-3-a"><num>(a)</num><content><p>so much of the straddling period as falls before 1 April 2026, and</p></content></level><level class="para1" eId="section-86-3-b"><num>(b)</num><content><p>so much of it as falls on or after that date,</p></content></level><wrapUp><p>are to be treated as separate accounting periods for the purpose of calculating the duty concerned for the straddling period.</p></wrapUp></subsection><subsection eId="section-86-4"><num>(4)</num><content><p>For the purposes of subsection <ref href="#section-86-3">(3)</ref>, the amount on which duty is charged is apportioned to those separate accounting periods on a time basis according to the respective lengths of those periods.</p></content></subsection></section>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-86-1"><num>(1)</num><content><p><mod>In Chapter 3 of Part 3 of FA 2014 (remote gaming duty), in section 155(3) (which specifies the rate), for “21%” substitute <quotedText>“40%”</quotedText>.</mod></p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-86-2"><num>(2)</num><content><p>The amendment made by this section has effect in relation to accounting periods beginning on or after 1 April 2026.</p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-86-3"><num>(3)</num><intro><p>In a case where an accounting period (a “straddling period”) begins before 1 April 2026 and ends on or after that date—</p></intro><level class="para1" eId="section-86-3-a"><num>(a)</num><content><p>so much of the straddling period as falls before 1 April 2026, and</p></content></level><level class="para1" eId="section-86-3-b"><num>(b)</num><content><p>so much of it as falls on or after that date,</p></content></level><wrapUp><p>are to be treated as separate accounting periods for the purpose of calculating the duty concerned for the straddling period.</p></wrapUp></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-86-3-a"><num>(a)</num><content><p>so much of the straddling period as falls before 1 April 2026, and</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-86-3-b"><num>(b)</num><content><p>so much of it as falls on or after that date,</p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-86-4"><num>(4)</num><content><p>For the purposes of subsection <ref href="#section-86-3">(3)</ref>, the amount on which duty is charged is apportioned to those separate accounting periods on a time basis according to the respective lengths of those periods.</p></content></subsection>
<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" xmlns:default="http://www.w3.org/1999/xhtml" eId="section-87"><num>87</num><heading>General betting duty on remote bets</heading><subsection eId="section-87-1"><num>(1)</num><content><p>Chapter 1 of Part 3 of FA 2014 (general betting duty) is amended as follows.</p></content></subsection><subsection eId="section-87-2"><num>(2)</num><content><p><mod>In the cross-heading after section 125, after “General” insert <quotedText>“, remote”</quotedText>.</mod></p></content></subsection><subsection eId="section-87-3"><num>(3)</num><content><p><mod>In section 126 (meaning of “<term refersTo="#term-general-bet" eId="term-general-bet">general bet</term>”), in subsection (1) after paragraph (a) insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><level class="para1"><num>(aa)</num><content><p>it is not a remote bet,</p></content></level></quotedStructure><inline name="appendText">.</inline></mod></p></content></subsection><subsection eId="section-87-4"><num>(4)</num><content><p><mod>After 127 (general bets) insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><section eId="d28e17705"><num>127A</num><heading>General betting duty charge on remote bets</heading><subsection><num>(1)</num><content><p>General betting duty is charged on a remote bet made with a bookmaker.</p></content></subsection><subsection><num>(2)</num><content><p>It is charged at the rate of 25% of the bookmaker’s profits on remote bets for an accounting period.</p></content></subsection><subsection><num>(3)</num><intro><p>The bookmaker’s profits on remote bets for an accounting period are the aggregate of—</p></intro><level class="para1"><num>(a)</num><content><p>the amount of the bookmaker’s ordinary profits for the period in respect of remote bets (calculated in accordance with section 131), and</p></content></level><level class="para1"><num>(b)</num><content><p>the amount of the bookmaker’s retained winnings profits for the period in respect of remote bets (calculated in accordance with section 132).</p></content></level></subsection><subsection><num>(4)</num><intro><p>Where the calculation for an accounting period under subsection (3) produces a negative amount—</p></intro><level class="para1"><num>(a)</num><content><p>the bookmaker’s profits on remote bets for the accounting period are treated as nil, and</p></content></level><level class="para1"><num>(b)</num><content><p>the amount produced by the calculation may be carried forward in reduction of the bookmaker’s profits on remote bets for one or more later accounting periods.</p></content></level></subsection><subsection><num>(5)</num><intro><p>A bet is a remote bet for the purposes of this Part if—</p></intro><level class="para1"><num>(a)</num><content><p>it is made using remote communication,</p></content></level><level class="para1"><num>(b)</num><content><p>it is not an on-course bet, a spread bet or made by way of pool betting,</p></content></level><level class="para1"><num>(c)</num><content><p>it is not made using a self-service betting terminal, and</p></content></level><level class="para1"><num>(d)</num><content><p>condition B or C in section 126 is met in relation to it.</p></content></level></subsection><subsection eId="d28e17787"><num>(6)</num><intro><p>The reference here to “remote communication” is to communication using—</p></intro><level class="para1"><num>(a)</num><content><p>the internet,</p></content></level><level class="para1"><num>(b)</num><content><p>telephone,</p></content></level><level class="para1"><num>(c)</num><content><p>television,</p></content></level><level class="para1"><num>(d)</num><content><p>radio, or</p></content></level><level class="para1"><num>(e)</num><content><p>any other kind of electronic or other technology for facilitating communication.</p></content></level></subsection><subsection><num>(7)</num><content><p>A bet is to be treated as not being a remote bet for the purposes of this Part if it is made wholly in relation to horse racing taking place in the United Kingdom.</p></content></subsection><subsection><num>(8)</num><intro><p>In this section, “<term refersTo="#term-self-service-betting-terminal">self-service betting terminal</term>” means a machine which—</p></intro><level class="para1"><num>(a)</num><content><p>is designed or adapted for use to bet on future real events,</p></content></level><level class="para1"><num>(b)</num><content><p>is not a gaming machine (within the meaning of section 235 of the Gambling Act 2005), and</p></content></level><level class="para1"><num>(c)</num><content><p>is located on premises in respect of which there is a betting premises licence (within the meaning of section 150(1)(e) of the Gambling Act 2005) or a bookmaking office licence (within the meaning of Article 2(2) of the Betting, Gaming, Lotteries and Amusements (Northern Ireland) Order 1985 (<ref eId="c00139" href="http://www.legislation.gov.uk/id/uksi/1985/1204">S.I. 1985/1204</ref>)).</p></content></level></subsection><subsection eId="d28e17859"><num>(9)</num><content><p>The Treasury may by regulations amend <ref href="#d28e17787">subsection (6)</ref>.</p></content></subsection></section></quotedStructure></mod></p></content></subsection><subsection eId="section-87-5"><num>(5)</num><content><p><mod>In section 190 of FA 2014 (index of defined expressions), in the Table, after the entry for “registrable person” insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><tblock class="table" ukl:Orientation="portrait"><foreign><default:table xmlns="http://www.w3.org/1999/xhtml"><default:colgroup><default:col span="1" style="width:50%"/><default:col span="1" style="width:50%"/></default:colgroup><default:tbody><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">remote bet</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0"><ref href="#d28e17705">section 127A</ref></p></default:td></default:tr></default:tbody></default:table></foreign></tblock></quotedStructure><inline name="appendText">.</inline></mod></p></content></subsection><subsection eId="section-87-6"><num>(6)</num><content><p><mod>In section 194(4) of FA 2014 (made affirmative procedure for regulations), before paragraph (za) insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><level class="para1"><num>(zza)</num><content><p>regulations under <ref href="#d28e17705">section 127A</ref><ref href="#d28e17859">(9)</ref> which have the effect of adding to the class of bets falling with the definition of “remote bet”;</p></content></level></quotedStructure><inline name="appendText">.</inline></mod></p></content></subsection><subsection eId="section-87-7"><num>(7)</num><content><p>This section has effect in relation to accounting periods beginning on or after 1 April 2027, and the charge under section <ref href="#d28e17705">127A</ref> of FA 2014 is on bets made on or after that date.</p></content></subsection><subsection eId="section-87-8"><num>(8)</num><intro><p>In a case where an accounting period (a “straddling period”) begins before 1 April 2027 and ends on or after that date—</p></intro><level class="para1" eId="section-87-8-a"><num>(a)</num><content><p>so much of the straddling period as falls before 1 April 2027, and</p></content></level><level class="para1" eId="section-87-8-b"><num>(b)</num><content><p>so much of it as falls on or after that date,</p></content></level><wrapUp><p>are to be treated as separate accounting periods for the purpose of calculating the duty concerned for the straddling period.</p></wrapUp></subsection><subsection eId="section-87-9"><num>(9)</num><content><p>For the purposes of <ref href="#section-87-8">subsection (8)</ref>, the amount on which duty is charged is apportioned to those separate accounting periods on a time basis according to the respective lengths of those periods.</p></content></subsection></section>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-87-1"><num>(1)</num><content><p>Chapter 1 of Part 3 of FA 2014 (general betting duty) is amended as follows.</p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-87-2"><num>(2)</num><content><p><mod>In the cross-heading after section 125, after “General” insert <quotedText>“, remote”</quotedText>.</mod></p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="section-87-3"><num>(3)</num><content><p><mod>In section 126 (meaning of “<term refersTo="#term-general-bet" eId="term-general-bet">general bet</term>”), in subsection (1) after paragraph (a) insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><level class="para1"><num>(aa)</num><content><p>it is not a remote bet,</p></content></level></quotedStructure><inline name="appendText">.</inline></mod></p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="section-87-4"><num>(4)</num><content><p><mod>After 127 (general bets) insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><section eId="d28e17705"><num>127A</num><heading>General betting duty charge on remote bets</heading><subsection><num>(1)</num><content><p>General betting duty is charged on a remote bet made with a bookmaker.</p></content></subsection><subsection><num>(2)</num><content><p>It is charged at the rate of 25% of the bookmaker’s profits on remote bets for an accounting period.</p></content></subsection><subsection><num>(3)</num><intro><p>The bookmaker’s profits on remote bets for an accounting period are the aggregate of—</p></intro><level class="para1"><num>(a)</num><content><p>the amount of the bookmaker’s ordinary profits for the period in respect of remote bets (calculated in accordance with section 131), and</p></content></level><level class="para1"><num>(b)</num><content><p>the amount of the bookmaker’s retained winnings profits for the period in respect of remote bets (calculated in accordance with section 132).</p></content></level></subsection><subsection><num>(4)</num><intro><p>Where the calculation for an accounting period under subsection (3) produces a negative amount—</p></intro><level class="para1"><num>(a)</num><content><p>the bookmaker’s profits on remote bets for the accounting period are treated as nil, and</p></content></level><level class="para1"><num>(b)</num><content><p>the amount produced by the calculation may be carried forward in reduction of the bookmaker’s profits on remote bets for one or more later accounting periods.</p></content></level></subsection><subsection><num>(5)</num><intro><p>A bet is a remote bet for the purposes of this Part if—</p></intro><level class="para1"><num>(a)</num><content><p>it is made using remote communication,</p></content></level><level class="para1"><num>(b)</num><content><p>it is not an on-course bet, a spread bet or made by way of pool betting,</p></content></level><level class="para1"><num>(c)</num><content><p>it is not made using a self-service betting terminal, and</p></content></level><level class="para1"><num>(d)</num><content><p>condition B or C in section 126 is met in relation to it.</p></content></level></subsection><subsection eId="d28e17787"><num>(6)</num><intro><p>The reference here to “remote communication” is to communication using—</p></intro><level class="para1"><num>(a)</num><content><p>the internet,</p></content></level><level class="para1"><num>(b)</num><content><p>telephone,</p></content></level><level class="para1"><num>(c)</num><content><p>television,</p></content></level><level class="para1"><num>(d)</num><content><p>radio, or</p></content></level><level class="para1"><num>(e)</num><content><p>any other kind of electronic or other technology for facilitating communication.</p></content></level></subsection><subsection><num>(7)</num><content><p>A bet is to be treated as not being a remote bet for the purposes of this Part if it is made wholly in relation to horse racing taking place in the United Kingdom.</p></content></subsection><subsection><num>(8)</num><intro><p>In this section, “<term refersTo="#term-self-service-betting-terminal">self-service betting terminal</term>” means a machine which—</p></intro><level class="para1"><num>(a)</num><content><p>is designed or adapted for use to bet on future real events,</p></content></level><level class="para1"><num>(b)</num><content><p>is not a gaming machine (within the meaning of section 235 of the Gambling Act 2005), and</p></content></level><level class="para1"><num>(c)</num><content><p>is located on premises in respect of which there is a betting premises licence (within the meaning of section 150(1)(e) of the Gambling Act 2005) or a bookmaking office licence (within the meaning of Article 2(2) of the Betting, Gaming, Lotteries and Amusements (Northern Ireland) Order 1985 (<ref eId="c00139" href="http://www.legislation.gov.uk/id/uksi/1985/1204">S.I. 1985/1204</ref>)).</p></content></level></subsection><subsection eId="d28e17859"><num>(9)</num><content><p>The Treasury may by regulations amend <ref href="#d28e17787">subsection (6)</ref>.</p></content></subsection></section></quotedStructure></mod></p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" xmlns:default="http://www.w3.org/1999/xhtml" eId="section-87-5"><num>(5)</num><content><p><mod>In section 190 of FA 2014 (index of defined expressions), in the Table, after the entry for “registrable person” insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><tblock class="table" ukl:Orientation="portrait"><foreign><default:table xmlns="http://www.w3.org/1999/xhtml"><default:colgroup><default:col span="1" style="width:50%"/><default:col span="1" style="width:50%"/></default:colgroup><default:tbody><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">remote bet</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0"><ref href="#d28e17705">section 127A</ref></p></default:td></default:tr></default:tbody></default:table></foreign></tblock></quotedStructure><inline name="appendText">.</inline></mod></p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="section-87-6"><num>(6)</num><content><p><mod>In section 194(4) of FA 2014 (made affirmative procedure for regulations), before paragraph (za) insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><level class="para1"><num>(zza)</num><content><p>regulations under <ref href="#d28e17705">section 127A</ref><ref href="#d28e17859">(9)</ref> which have the effect of adding to the class of bets falling with the definition of “remote bet”;</p></content></level></quotedStructure><inline name="appendText">.</inline></mod></p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-87-7"><num>(7)</num><content><p>This section has effect in relation to accounting periods beginning on or after 1 April 2027, and the charge under section <ref href="#d28e17705">127A</ref> of FA 2014 is on bets made on or after that date.</p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-87-8"><num>(8)</num><intro><p>In a case where an accounting period (a “straddling period”) begins before 1 April 2027 and ends on or after that date—</p></intro><level class="para1" eId="section-87-8-a"><num>(a)</num><content><p>so much of the straddling period as falls before 1 April 2027, and</p></content></level><level class="para1" eId="section-87-8-b"><num>(b)</num><content><p>so much of it as falls on or after that date,</p></content></level><wrapUp><p>are to be treated as separate accounting periods for the purpose of calculating the duty concerned for the straddling period.</p></wrapUp></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-87-8-a"><num>(a)</num><content><p>so much of the straddling period as falls before 1 April 2027, and</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-87-8-b"><num>(b)</num><content><p>so much of it as falls on or after that date,</p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-87-9"><num>(9)</num><content><p>For the purposes of <ref href="#section-87-8">subsection (8)</ref>, the amount on which duty is charged is apportioned to those separate accounting periods on a time basis according to the respective lengths of those periods.</p></content></subsection>
<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-88"><num>88</num><heading>Abolition of bingo duty</heading><subsection eId="section-88-1"><num>(1)</num><intro><p>Omit—</p></intro><level class="para1" eId="section-88-1-a"><num>(a)</num><content><p>sections 17 to 20C and 31 of the Betting and Gaming Duties Act 1981 (bingo duty);</p></content></level><level class="para1" eId="section-88-1-b"><num>(b)</num><content><p>the cross-heading before section 17 of that Act;</p></content></level><level class="para1" eId="section-88-1-c"><num>(c)</num><content><p>Schedule 3 to that Act (further provision about bingo duty).</p></content></level></subsection><subsection eId="section-88-2"><num>(2)</num><intro><p><ref href="#schedule-13">Schedule 13</ref> makes—</p></intro><level class="para1" eId="section-88-2-a"><num>(a)</num><content><p>provision in consequence of <ref href="#section-88-1">subsection (1)</ref>;</p></content></level><level class="para1" eId="section-88-2-b"><num>(b)</num><content><p>transitional and saving provision.</p></content></level></subsection><subsection eId="section-88-3"><num>(3)</num><content><p>The repeals and amendments made by <ref href="#section-88">this section</ref> and <ref href="#schedule-13">Schedule 13</ref> come into force on 1 April 2026.</p></content></subsection><subsection eId="section-88-4"><num>(4)</num><content><p>The Treasury may by regulations make such further transitional, transitory or saving provision as the Treasury consider appropriate in connection with the coming into force of those repeals and amendments.</p></content></subsection><subsection eId="section-88-5"><num>(5)</num><content><p>Regulations under <ref href="#section-88-4">subsection (4)</ref> are to be made by statutory instrument.</p></content></subsection></section>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-88-1"><num>(1)</num><intro><p>Omit—</p></intro><level class="para1" eId="section-88-1-a"><num>(a)</num><content><p>sections 17 to 20C and 31 of the Betting and Gaming Duties Act 1981 (bingo duty);</p></content></level><level class="para1" eId="section-88-1-b"><num>(b)</num><content><p>the cross-heading before section 17 of that Act;</p></content></level><level class="para1" eId="section-88-1-c"><num>(c)</num><content><p>Schedule 3 to that Act (further provision about bingo duty).</p></content></level></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-88-1-a"><num>(a)</num><content><p>sections 17 to 20C and 31 of the Betting and Gaming Duties Act 1981 (bingo duty);</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-88-1-b"><num>(b)</num><content><p>the cross-heading before section 17 of that Act;</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-88-1-c"><num>(c)</num><content><p>Schedule 3 to that Act (further provision about bingo duty).</p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-88-2"><num>(2)</num><intro><p><ref href="#schedule-13">Schedule 13</ref> makes—</p></intro><level class="para1" eId="section-88-2-a"><num>(a)</num><content><p>provision in consequence of <ref href="#section-88-1">subsection (1)</ref>;</p></content></level><level class="para1" eId="section-88-2-b"><num>(b)</num><content><p>transitional and saving provision.</p></content></level></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-88-2-a"><num>(a)</num><content><p>provision in consequence of <ref href="#section-88-1">subsection (1)</ref>;</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-88-2-b"><num>(b)</num><content><p>transitional and saving provision.</p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-88-3"><num>(3)</num><content><p>The repeals and amendments made by <ref href="#section-88">this section</ref> and <ref href="#schedule-13">Schedule 13</ref> come into force on 1 April 2026.</p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-88-4"><num>(4)</num><content><p>The Treasury may by regulations make such further transitional, transitory or saving provision as the Treasury consider appropriate in connection with the coming into force of those repeals and amendments.</p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-88-5"><num>(5)</num><content><p>Regulations under <ref href="#section-88-4">subsection (4)</ref> are to be made by statutory instrument.</p></content></subsection>
<hcontainer xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:default="http://www.w3.org/1999/xhtml" name="crossheading" ukl:Name="Pblock" eId="part-3-crossheading-alcohol-duty"><heading>Alcohol duty</heading><section eId="section-89"><num>89</num><heading>Rates of duty</heading><subsection eId="section-89-1"><num>(1)</num><content><p>Part 2 of F(No.2)A 2023 (alcohol duty) is amended as follows.</p></content></subsection><subsection eId="section-89-2"><num>(2)</num><content><p><mod>For Schedule 7 (main rates) substitute—<quotedStructure startQuote="“" endQuote="”" uk:context="schedule" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="schedule" ukl:Format="double"><hcontainer name="schedule"><num>Schedule 7</num><heading>Rates of alcohol duty</heading><content><tblock class="table" ukl:Orientation="portrait"><heading>TABLE 1</heading><foreign><default:table xmlns="http://www.w3.org/1999/xhtml"><default:colgroup><default:col span="1" style="width:60%"/><default:col span="1" style="width:40%"/></default:colgroup><default:thead><default:tr><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0"><i><b>Alcoholic strength of alcoholic product</b></i></p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0"><i><b>Rate of duty per litre of alcohol in the product</b></i></p></default:th></default:tr></default:thead><default:tbody><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Less than 3.5%</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£9.96</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">At least 3.5% but less than 8.5%</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">See Table 2</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">At least 8.5% but not exceeding 22%</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£30.62</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Exceeding 22%</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£33.99</p></default:td></default:tr></default:tbody></default:table></foreign></tblock><tblock class="table" ukl:Orientation="portrait"><heading>TABLE 2</heading><foreign><default:table xmlns="http://www.w3.org/1999/xhtml"><default:colgroup><default:col span="1" style="width:70%"/><default:col span="1" style="width:30%"/></default:colgroup><default:thead><default:tr><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0"><i><b> Description of alcoholic product (of an alcoholic strength of at least 3.5% but less than 8.5%)</b></i></p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0"><i><b> Rate of duty per litre of alcohol in the product</b></i></p></default:th></default:tr></default:thead><default:tbody><default:tr><default:td><blockList xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="ordered alpha parens" ukl:Name="OrderedList" ukl:Type="alpha" ukl:Decoration="parens"><item><num>(a)</num><p>Still cider</p></item><item><num>(b)</num><p>Sparkling cider of an alcoholic strength not exceeding 5.5%</p></item></blockList></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£10.39</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Beer</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£22.58</p></default:td></default:tr><default:tr><default:td><blockList xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="ordered alpha parens" ukl:Name="OrderedList" ukl:Type="alpha" ukl:Decoration="parens"><item><num>(a)</num><p>Spirits, wine and other fermented products</p></item><item><num>(b)</num><p>Sparkling cider of an alcoholic strength exceeding 5.5%</p></item></blockList></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£26.61</p></default:td></default:tr></default:tbody></default:table></foreign></tblock></content></hcontainer></quotedStructure><inline name="appendText">.</inline></mod></p></content></subsection><subsection eId="section-89-3"><num>(3)</num><content><p><mod>For Schedule 8 (reduced rates for qualifying draught products) substitute—<quotedStructure startQuote="“" endQuote="”" uk:context="schedule" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="schedule" ukl:Format="double"><hcontainer name="schedule"><num>Schedule 8</num><heading>Qualifying draught products: reduced rates</heading><content><tblock class="table" ukl:Orientation="portrait"><foreign><default:table xmlns="http://www.w3.org/1999/xhtml"><default:colgroup><default:col span="1" style="width:70%"/><default:col span="1" style="width:30%"/></default:colgroup><default:thead><default:tr><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0"><i><b>Description of alcoholic product</b></i></p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0"><i><b> Rate of duty per litre of alcohol in the product</b></i></p></default:th></default:tr></default:thead><default:tbody><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Alcoholic products of an alcoholic strength of less than 3.5%</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£8.58</p></default:td></default:tr><default:tr><default:td><blockList xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="ordered alpha parens" ukl:Name="OrderedList" ukl:Type="alpha" ukl:Decoration="parens"><item><num>(a)</num><p>Still cider of an alcoholic strength of at least 3.5%</p></item><item><num>(b)</num><p>Sparkling cider of an alcoholic strength of at least 3.5% but not exceeding 5.5%</p></item></blockList></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£8.95</p></default:td></default:tr><default:tr><default:td><blockList xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="ordered alpha parens" ukl:Name="OrderedList" ukl:Type="alpha" ukl:Decoration="parens"><item><num>(a)</num><p>Beer, spirits, wine and other fermented products of an alcoholic strength of at least 3.5% (but less than 8.5%)</p></item><item><num>(b)</num><p>Sparkling cider of an alcoholic strength exceeding 5.5%</p></item></blockList></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£19.45</p></default:td></default:tr></default:tbody></default:table></foreign></tblock></content></hcontainer></quotedStructure><inline name="appendText">.</inline></mod></p></content></subsection><subsection eId="section-89-4"><num>(4)</num><content><p><mod>For Schedule 9 (duty discount for small producer alcoholic products)—<quotedStructure startQuote="“" endQuote="”" uk:context="schedule" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="schedule" ukl:Format="double"><hcontainer name="schedule"><num>Schedule 9</num><heading>Small producer alcoholic products: duty discount</heading><part><num>Part 1</num><heading>Alcoholic products, other than qualifying draught products, of an alcoholic strength of less than 8.5%</heading><content><tblock class="table" ukl:Orientation="portrait"><foreign><default:table xmlns="http://www.w3.org/1999/xhtml"><default:colgroup><default:col style="width:12%"/><default:col style="width:22%"/><default:col style="width:22%"/><default:col style="width:22%"/><default:col style="width:22%"/></default:colgroup><default:thead><default:tr><default:td colspan="5"><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0"><b>Alcoholic products, other than spirits, of an alcoholic strength of less than 3.5%</b></p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Discount band</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Start threshold (hectolitres)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">End threshold (hectolitres)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Marginal discount (£)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Cumulative discount (£)</p></default:td></default:tr></default:thead><default:tbody><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">1</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">0</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">5</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">9.96</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">2</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">5</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">50</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">2.53</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">49.80</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">3</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">50</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">100</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">1.52</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">163.74</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">4</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">100</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">200</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">0.51</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">239.71</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">5</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">200</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">600</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">290.35</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">6</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">600</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">1000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">290.35</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">7</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">1000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">4500</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-0.08</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">290.35</p></default:td></default:tr></default:tbody></default:table></foreign><foreign><default:table xmlns="http://www.w3.org/1999/xhtml"><default:colgroup><default:col style="width:12%"/><default:col style="width:22%"/><default:col style="width:22%"/><default:col style="width:22%"/><default:col style="width:22%"/></default:colgroup><default:thead><default:tr><default:td colspan="5"><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0"><b>Spirits of an alcoholic strength of less than 3.5%</b></p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Discount band</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Start threshold (hectolitres)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">End threshold (hectolitres)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Marginal discount (£)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Cumulative discount (£)</p></default:td></default:tr></default:thead><default:tbody><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">1</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">0</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">5</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">6.58</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">2</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">5</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">50</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">2.53</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">32.92</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">3</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">50</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">100</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">1.52</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">146.86</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">4</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">100</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">200</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">0.51</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">222.82</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">5</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">200</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">600</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">273.47</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">6</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">600</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">1000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">273.47</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">7</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">1000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">4500</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-0.08</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">273.47</p></default:td></default:tr></default:tbody></default:table></foreign></tblock><tblock class="table" ukl:Orientation="portrait"><foreign><default:table xmlns="http://www.w3.org/1999/xhtml"><default:colgroup><default:col style="width:12%"/><default:col style="width:22%"/><default:col style="width:22%"/><default:col style="width:22%"/><default:col style="width:22%"/></default:colgroup><default:thead><default:tr><default:td colspan="5"><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0"><b>Still cider of an alcoholic strength of at least 3.5%;</b><b>sparkling cider of an alcoholic strength of at least 3.5% but not exceeding 5.5%</b></p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Discount band</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Start threshold (hectolitres)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">End threshold (hectolitres)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Marginal discount (£)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Cumulative discount (£)</p></default:td></default:tr></default:thead><default:tbody><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">1</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">0</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">5</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">10.39</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">2</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">5</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">50</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">2.64</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">51.95</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">3</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">50</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">100</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">1.59</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">170.87</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">4</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">100</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">200</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">0.53</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">250.15</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">5</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">200</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">600</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">303</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">6</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">600</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">1000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">303</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">7</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">1000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">4500</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-0.09</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">303</p></default:td></default:tr></default:tbody></default:table></foreign></tblock><tblock class="table" ukl:Orientation="portrait"><foreign><default:table xmlns="http://www.w3.org/1999/xhtml"><default:colgroup><default:col style="width:12%"/><default:col style="width:22%"/><default:col style="width:22%"/><default:col style="width:22%"/><default:col style="width:22%"/></default:colgroup><default:thead><default:tr><default:td colspan="5"><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0"><b>Beer of an alcoholic strength of at least 3.5%</b></p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Discount band</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Start threshold (hectolitres)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">End threshold (hectolitres)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Marginal discount (£)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Cumulative discount (£)</p></default:td></default:tr></default:thead><default:tbody><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">1</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">0</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">5</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">20.67</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">2</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">5</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">112.5</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">11.48</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">103.34</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">3</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">112.5</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">225</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">10.33</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">1,337.72</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">4</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">225</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">450</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">5.74</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">2,500.33</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">5</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">450</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">900</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">3.44</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">3,792.12</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">6</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">900</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">1350</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">5,342.27</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">7</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">1350</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">4500</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-1.70</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">5,342.27</p></default:td></default:tr></default:tbody></default:table></foreign></tblock><tblock class="table" ukl:Orientation="portrait"><foreign><default:table xmlns="http://www.w3.org/1999/xhtml"><default:colgroup><default:col style="width:12%"/><default:col style="width:22%"/><default:col style="width:22%"/><default:col style="width:22%"/><default:col style="width:22%"/></default:colgroup><default:thead><default:tr><default:td colspan="5"><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0"><b>Wine and other fermented products of an alcoholic strength of at least 3.5%; sparkling cider of an alcoholic strength exceeding 5.5%</b></p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Discount band</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Start threshold (hectolitres)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">End threshold (hectolitres)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Marginal discount (£)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Cumulative discount (£)</p></default:td></default:tr></default:thead><default:tbody><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">1</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">0</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">5</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">26.61</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">2</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">5</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">50</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">2.71</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">133.05</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">3</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">50</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">100</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">2.71</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">254.84</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">4</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">100</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">200</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">1.35</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">390.16</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">5</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">200</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">600</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">525.48</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">6</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">600</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">1000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">525.48</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">7</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">1000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">4500</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-0.15</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">525.48</p></default:td></default:tr></default:tbody></default:table></foreign><foreign><default:table xmlns="http://www.w3.org/1999/xhtml"><default:colgroup><default:col style="width:12%"/><default:col style="width:22%"/><default:col style="width:22%"/><default:col style="width:22%"/><default:col style="width:22%"/></default:colgroup><default:thead><default:tr><default:td colspan="5"><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0"><b>Spirits of an alcoholic strength of at least 3.5%</b></p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Discount band</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Start threshold (hectolitres)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">End threshold (hectolitres)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Marginal discount (£)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Cumulative discount (£)</p></default:td></default:tr></default:thead><default:tbody><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">1</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">0</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">5</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">21.65</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">2</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">5</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">50</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">2.71</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">108.26</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">3</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">50</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">100</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">2.71</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">230.04</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">4</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">100</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">200</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">1.35</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">365.36</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">5</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">200</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">600</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">500.68</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">6</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">600</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">1000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">500.68</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">7</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">1000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">4500</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-0.14</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">500.68</p></default:td></default:tr></default:tbody></default:table></foreign></tblock></content></part><part><num>Part 2</num><heading>Qualifying draught products of an alcoholic strength of less than 8.5%</heading><content><tblock class="table" ukl:Orientation="portrait"><foreign><default:table xmlns="http://www.w3.org/1999/xhtml"><default:colgroup><default:col style="width:12%"/><default:col style="width:22%"/><default:col style="width:22%"/><default:col style="width:22%"/><default:col style="width:22%"/></default:colgroup><default:thead><default:tr><default:td colspan="5"><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0"><b>Alcoholic products, other than spirits, of an alcoholic strength of less than 3.5%</b></p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Discount band</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Start threshold (hectolitres)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">End threshold (hectolitres)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Marginal discount (£)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Cumulative discount (£)</p></default:td></default:tr></default:thead><default:tbody><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">1</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">0</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">5</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">8.58</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">2</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">5</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">50</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">2.18</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">42.90</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">3</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">50</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">100</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">1.31</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">141.06</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">4</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">100</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">200</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">0.44</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">206.50</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">5</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">200</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">600</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">250.12</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">6</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">600</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">1000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">250.12</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">7</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">1000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">4500</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-0.07</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">250.12</p></default:td></default:tr></default:tbody></default:table></foreign><foreign><default:table xmlns="http://www.w3.org/1999/xhtml"><default:colgroup><default:col style="width:12%"/><default:col style="width:22%"/><default:col style="width:22%"/><default:col style="width:22%"/><default:col style="width:22%"/></default:colgroup><default:thead><default:tr><default:td colspan="5"><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0"><b>Spirits of an alcoholic strength of less than 3.5%</b></p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Discount band</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Start threshold (hectolitres)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">End threshold (hectolitres)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Marginal discount (£)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Cumulative discount (£)</p></default:td></default:tr></default:thead><default:tbody><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">1</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">0</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">5</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">5.67</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">2</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">5</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">50</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">2.18</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">28.36</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">3</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">50</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">100</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">1.31</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">126.51</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">4</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">100</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">200</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">0.44</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">191.95</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">5</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">200</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">600</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">235.58</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">6</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">600</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">1000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">235.58</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">7</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">1000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">4500</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-0.07</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">235.58</p></default:td></default:tr></default:tbody></default:table></foreign></tblock><tblock class="table" ukl:Orientation="portrait"><foreign><default:table xmlns="http://www.w3.org/1999/xhtml"><default:colgroup><default:col style="width:12%"/><default:col style="width:22%"/><default:col style="width:22%"/><default:col style="width:22%"/><default:col style="width:22%"/></default:colgroup><default:thead><default:tr><default:td colspan="5"><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0"><b>Still cider of an alcoholic strength of at least 3.5%; sparkling cider of an alcoholic strength of at least 3.5% but not exceeding 5.5%</b></p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Discount band</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Start threshold (hectolitres)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">End threshold (hectolitres)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Marginal discount (£)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Cumulative discount (£)</p></default:td></default:tr></default:thead><default:tbody><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">1</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">0</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">5</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">8.95</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">2</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">5</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">50</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">2.28</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">44.75</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">3</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">50</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">100</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">1.37</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">147.19</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">4</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">100</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">200</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">0.46</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">215.48</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">5</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">200</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">600</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">261.01</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">6</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">600</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">1000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">261.01</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">7</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">1000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">4500</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-0.07</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">261.01</p></default:td></default:tr></default:tbody></default:table></foreign></tblock><tblock class="table" ukl:Orientation="portrait"><foreign><default:table xmlns="http://www.w3.org/1999/xhtml"><default:colgroup><default:col style="width:12%"/><default:col style="width:22%"/><default:col style="width:22%"/><default:col style="width:22%"/><default:col style="width:22%"/></default:colgroup><default:thead><default:tr><default:td colspan="5"><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0"><b>Beer of an alcoholic strength of at least 3.5%</b></p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Discount band</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Start threshold (hectolitres)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">End threshold (hectolitres)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Marginal discount (£)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Cumulative discount (£)</p></default:td></default:tr></default:thead><default:tbody><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">1</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">0</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">5</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">17.80</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">2</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">5</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">112.5</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">9.89</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">89.02</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">3</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">112.5</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">225</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">8.90</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">1,152.29</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">4</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">225</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">450</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">4.95</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">2,153.74</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">5</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">450</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">900</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">2.97</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">3,266.46</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">6</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">900</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">1350</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">4,601.73</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">7</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">1350</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">4500</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-1.46</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">4,601.73</p></default:td></default:tr></default:tbody></default:table></foreign></tblock><tblock class="table" ukl:Orientation="portrait"><foreign><default:table xmlns="http://www.w3.org/1999/xhtml"><default:colgroup><default:col style="width:12%"/><default:col style="width:22%"/><default:col style="width:22%"/><default:col style="width:22%"/><default:col style="width:22%"/></default:colgroup><default:thead><default:tr><default:td colspan="5"><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0"><b>Wine and other fermented products of an alcoholic strength of at least 3.5%; sparkling cider of an alcoholic strength exceeding 5.5%</b></p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Discount band</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Start threshold (hectolitres)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">End threshold (hectolitres)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Marginal discount (£)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Cumulative discount (£)</p></default:td></default:tr></default:thead><default:tbody><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">1</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">0</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">5</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">19.45</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">2</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">5</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">50</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">1.98</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">97.25</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">3</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">50</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">100</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">1.98</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">186.27</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">4</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">100</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">200</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">0.99</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">285.18</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">5</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">200</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">600</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">384.09</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">6</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">600</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">1000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">384.09</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">7</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">1000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">4500</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-0.11</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">384.09</p></default:td></default:tr></default:tbody></default:table></foreign><foreign><default:table xmlns="http://www.w3.org/1999/xhtml"><default:colgroup><default:col style="width:12%"/><default:col style="width:22%"/><default:col style="width:22%"/><default:col style="width:22%"/><default:col style="width:22%"/></default:colgroup><default:thead><default:tr><default:td colspan="5"><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0"><b>Spirits of an alcoholic strength of at least 3.5%</b></p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Discount band</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Start threshold (hectolitres)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">End threshold (hectolitres)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Marginal discount (£)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Cumulative discount (£)</p></default:td></default:tr></default:thead><default:tbody><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">1</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">0</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">5</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">15.83</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">2</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">5</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">50</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">1.98</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">79.13</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">3</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">50</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">100</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">1.98</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">168.15</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">4</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">100</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">200</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">0.99</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">267.05</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">5</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">200</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">600</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">365.96</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">6</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">600</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">1000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">365.96</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">7</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">1000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">4500</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-0.10</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">365.96</p></default:td></default:tr></default:tbody></default:table></foreign></tblock></content></part></hcontainer></quotedStructure><inline name="appendText">.</inline></mod></p></content></subsection><subsection eId="section-89-5"><num>(5)</num><intro><p>In consequence of the amendments made by the preceding subsections of this section, in Schedule 2 to the Travellers’ Allowances Order 1994 (which provides in certain circumstances for a simplified calculation of excise duty on goods brought into Great Britain)—</p></intro><level class="para1" eId="section-89-5-a"><num>(a)</num><content><p><mod>in the entry relating to beer, in the second column, for “£0.91” substitute <quotedText>“£0.95”</quotedText>,</mod></p></content></level><level class="para1" eId="section-89-5-b"><num>(b)</num><content><p><mod>in the entry relating to still wine, in the second column, for “£3.40” substitute <quotedText>“£3.52”</quotedText>,</mod></p></content></level><level class="para1" eId="section-89-5-c"><num>(c)</num><content><p><mod>in the entry relating to sparkling wine, in the second column, for “£3.40” substitute <quotedText>“£3.52”</quotedText>,</mod></p></content></level><level class="para1" eId="section-89-5-d"><num>(d)</num><content><p><mod>in the entry relating to cider, in the second column, for “£0.46” substitute <quotedText>“£0.48”</quotedText>,</mod></p></content></level><level class="para1" eId="section-89-5-e"><num>(e)</num><content><p><mod>in the entry relating to sparkling cider of an alcoholic strength not exceeding 5.5% by volume, in the second column, for “£0.46” substitute <quotedText>“£0.48”</quotedText>,</mod></p></content></level><level class="para1" eId="section-89-5-f"><num>(f)</num><content><p><mod>in the entry relating to sparkling cider of an alcoholic strength exceeding 5.5% but less than 8.5% by volume, in the second column, for “£1.80” substitute <quotedText>“£1.86”</quotedText>,</mod></p></content></level><level class="para1" eId="section-89-5-g"><num>(g)</num><content><p><mod>in the entry relating to other fermented products, in the second column, for “£3.40” substitute <quotedText>“£3.52”</quotedText>, and</mod></p></content></level><level class="para1" eId="section-89-5-h"><num>(h)</num><content><p><mod>in the entry relating to spirits, in the second column, for “£12.30” substitute <quotedText>“£12.75”</quotedText>.</mod></p></content></level></subsection><subsection eId="section-89-6"><num>(6)</num><content><p>The amendments made by this section are treated as having come into force on 1 February 2026.</p></content></subsection></section></hcontainer>
<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" xmlns:default="http://www.w3.org/1999/xhtml" eId="section-89"><num>89</num><heading>Rates of duty</heading><subsection eId="section-89-1"><num>(1)</num><content><p>Part 2 of F(No.2)A 2023 (alcohol duty) is amended as follows.</p></content></subsection><subsection eId="section-89-2"><num>(2)</num><content><p><mod>For Schedule 7 (main rates) substitute—<quotedStructure startQuote="“" endQuote="”" uk:context="schedule" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="schedule" ukl:Format="double"><hcontainer name="schedule"><num>Schedule 7</num><heading>Rates of alcohol duty</heading><content><tblock class="table" ukl:Orientation="portrait"><heading>TABLE 1</heading><foreign><default:table xmlns="http://www.w3.org/1999/xhtml"><default:colgroup><default:col span="1" style="width:60%"/><default:col span="1" style="width:40%"/></default:colgroup><default:thead><default:tr><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0"><i><b>Alcoholic strength of alcoholic product</b></i></p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0"><i><b>Rate of duty per litre of alcohol in the product</b></i></p></default:th></default:tr></default:thead><default:tbody><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Less than 3.5%</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£9.96</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">At least 3.5% but less than 8.5%</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">See Table 2</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">At least 8.5% but not exceeding 22%</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£30.62</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Exceeding 22%</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£33.99</p></default:td></default:tr></default:tbody></default:table></foreign></tblock><tblock class="table" ukl:Orientation="portrait"><heading>TABLE 2</heading><foreign><default:table xmlns="http://www.w3.org/1999/xhtml"><default:colgroup><default:col span="1" style="width:70%"/><default:col span="1" style="width:30%"/></default:colgroup><default:thead><default:tr><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0"><i><b> Description of alcoholic product (of an alcoholic strength of at least 3.5% but less than 8.5%)</b></i></p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0"><i><b> Rate of duty per litre of alcohol in the product</b></i></p></default:th></default:tr></default:thead><default:tbody><default:tr><default:td><blockList xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="ordered alpha parens" ukl:Name="OrderedList" ukl:Type="alpha" ukl:Decoration="parens"><item><num>(a)</num><p>Still cider</p></item><item><num>(b)</num><p>Sparkling cider of an alcoholic strength not exceeding 5.5%</p></item></blockList></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£10.39</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Beer</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£22.58</p></default:td></default:tr><default:tr><default:td><blockList xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="ordered alpha parens" ukl:Name="OrderedList" ukl:Type="alpha" ukl:Decoration="parens"><item><num>(a)</num><p>Spirits, wine and other fermented products</p></item><item><num>(b)</num><p>Sparkling cider of an alcoholic strength exceeding 5.5%</p></item></blockList></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£26.61</p></default:td></default:tr></default:tbody></default:table></foreign></tblock></content></hcontainer></quotedStructure><inline name="appendText">.</inline></mod></p></content></subsection><subsection eId="section-89-3"><num>(3)</num><content><p><mod>For Schedule 8 (reduced rates for qualifying draught products) substitute—<quotedStructure startQuote="“" endQuote="”" uk:context="schedule" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="schedule" ukl:Format="double"><hcontainer name="schedule"><num>Schedule 8</num><heading>Qualifying draught products: reduced rates</heading><content><tblock class="table" ukl:Orientation="portrait"><foreign><default:table xmlns="http://www.w3.org/1999/xhtml"><default:colgroup><default:col span="1" style="width:70%"/><default:col span="1" style="width:30%"/></default:colgroup><default:thead><default:tr><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0"><i><b>Description of alcoholic product</b></i></p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0"><i><b> Rate of duty per litre of alcohol in the product</b></i></p></default:th></default:tr></default:thead><default:tbody><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Alcoholic products of an alcoholic strength of less than 3.5%</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£8.58</p></default:td></default:tr><default:tr><default:td><blockList xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="ordered alpha parens" ukl:Name="OrderedList" ukl:Type="alpha" ukl:Decoration="parens"><item><num>(a)</num><p>Still cider of an alcoholic strength of at least 3.5%</p></item><item><num>(b)</num><p>Sparkling cider of an alcoholic strength of at least 3.5% but not exceeding 5.5%</p></item></blockList></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£8.95</p></default:td></default:tr><default:tr><default:td><blockList xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="ordered alpha parens" ukl:Name="OrderedList" ukl:Type="alpha" ukl:Decoration="parens"><item><num>(a)</num><p>Beer, spirits, wine and other fermented products of an alcoholic strength of at least 3.5% (but less than 8.5%)</p></item><item><num>(b)</num><p>Sparkling cider of an alcoholic strength exceeding 5.5%</p></item></blockList></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£19.45</p></default:td></default:tr></default:tbody></default:table></foreign></tblock></content></hcontainer></quotedStructure><inline name="appendText">.</inline></mod></p></content></subsection><subsection eId="section-89-4"><num>(4)</num><content><p><mod>For Schedule 9 (duty discount for small producer alcoholic products)—<quotedStructure startQuote="“" endQuote="”" uk:context="schedule" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="schedule" ukl:Format="double"><hcontainer name="schedule"><num>Schedule 9</num><heading>Small producer alcoholic products: duty discount</heading><part><num>Part 1</num><heading>Alcoholic products, other than qualifying draught products, of an alcoholic strength of less than 8.5%</heading><content><tblock class="table" ukl:Orientation="portrait"><foreign><default:table xmlns="http://www.w3.org/1999/xhtml"><default:colgroup><default:col style="width:12%"/><default:col style="width:22%"/><default:col style="width:22%"/><default:col style="width:22%"/><default:col style="width:22%"/></default:colgroup><default:thead><default:tr><default:td colspan="5"><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0"><b>Alcoholic products, other than spirits, of an alcoholic strength of less than 3.5%</b></p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Discount band</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Start threshold (hectolitres)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">End threshold (hectolitres)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Marginal discount (£)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Cumulative discount (£)</p></default:td></default:tr></default:thead><default:tbody><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">1</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">0</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">5</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">9.96</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">2</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">5</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">50</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">2.53</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">49.80</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">3</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">50</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">100</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">1.52</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">163.74</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">4</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">100</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">200</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">0.51</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">239.71</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">5</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">200</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">600</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">290.35</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">6</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">600</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">1000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">290.35</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">7</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">1000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">4500</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-0.08</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">290.35</p></default:td></default:tr></default:tbody></default:table></foreign><foreign><default:table xmlns="http://www.w3.org/1999/xhtml"><default:colgroup><default:col style="width:12%"/><default:col style="width:22%"/><default:col style="width:22%"/><default:col style="width:22%"/><default:col style="width:22%"/></default:colgroup><default:thead><default:tr><default:td colspan="5"><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0"><b>Spirits of an alcoholic strength of less than 3.5%</b></p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Discount band</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Start threshold (hectolitres)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">End threshold (hectolitres)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Marginal discount (£)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Cumulative discount (£)</p></default:td></default:tr></default:thead><default:tbody><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">1</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">0</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">5</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">6.58</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">2</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">5</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">50</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">2.53</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">32.92</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">3</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">50</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">100</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">1.52</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">146.86</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">4</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">100</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">200</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">0.51</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">222.82</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">5</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">200</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">600</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">273.47</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">6</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">600</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">1000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">273.47</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">7</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">1000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">4500</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-0.08</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">273.47</p></default:td></default:tr></default:tbody></default:table></foreign></tblock><tblock class="table" ukl:Orientation="portrait"><foreign><default:table xmlns="http://www.w3.org/1999/xhtml"><default:colgroup><default:col style="width:12%"/><default:col style="width:22%"/><default:col style="width:22%"/><default:col style="width:22%"/><default:col style="width:22%"/></default:colgroup><default:thead><default:tr><default:td colspan="5"><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0"><b>Still cider of an alcoholic strength of at least 3.5%;</b><b>sparkling cider of an alcoholic strength of at least 3.5% but not exceeding 5.5%</b></p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Discount band</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Start threshold (hectolitres)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">End threshold (hectolitres)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Marginal discount (£)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Cumulative discount (£)</p></default:td></default:tr></default:thead><default:tbody><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">1</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">0</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">5</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">10.39</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">2</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">5</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">50</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">2.64</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">51.95</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">3</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">50</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">100</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">1.59</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">170.87</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">4</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">100</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">200</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">0.53</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">250.15</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">5</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">200</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">600</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">303</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">6</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">600</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">1000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">303</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">7</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">1000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">4500</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-0.09</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">303</p></default:td></default:tr></default:tbody></default:table></foreign></tblock><tblock class="table" ukl:Orientation="portrait"><foreign><default:table xmlns="http://www.w3.org/1999/xhtml"><default:colgroup><default:col style="width:12%"/><default:col style="width:22%"/><default:col style="width:22%"/><default:col style="width:22%"/><default:col style="width:22%"/></default:colgroup><default:thead><default:tr><default:td colspan="5"><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0"><b>Beer of an alcoholic strength of at least 3.5%</b></p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Discount band</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Start threshold (hectolitres)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">End threshold (hectolitres)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Marginal discount (£)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Cumulative discount (£)</p></default:td></default:tr></default:thead><default:tbody><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">1</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">0</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">5</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">20.67</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">2</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">5</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">112.5</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">11.48</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">103.34</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">3</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">112.5</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">225</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">10.33</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">1,337.72</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">4</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">225</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">450</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">5.74</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">2,500.33</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">5</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">450</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">900</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">3.44</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">3,792.12</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">6</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">900</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">1350</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">5,342.27</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">7</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">1350</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">4500</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-1.70</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">5,342.27</p></default:td></default:tr></default:tbody></default:table></foreign></tblock><tblock class="table" ukl:Orientation="portrait"><foreign><default:table xmlns="http://www.w3.org/1999/xhtml"><default:colgroup><default:col style="width:12%"/><default:col style="width:22%"/><default:col style="width:22%"/><default:col style="width:22%"/><default:col style="width:22%"/></default:colgroup><default:thead><default:tr><default:td colspan="5"><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0"><b>Wine and other fermented products of an alcoholic strength of at least 3.5%; sparkling cider of an alcoholic strength exceeding 5.5%</b></p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Discount band</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Start threshold (hectolitres)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">End threshold (hectolitres)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Marginal discount (£)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Cumulative discount (£)</p></default:td></default:tr></default:thead><default:tbody><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">1</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">0</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">5</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">26.61</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">2</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">5</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">50</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">2.71</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">133.05</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">3</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">50</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">100</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">2.71</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">254.84</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">4</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">100</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">200</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">1.35</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">390.16</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">5</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">200</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">600</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">525.48</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">6</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">600</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">1000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">525.48</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">7</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">1000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">4500</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-0.15</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">525.48</p></default:td></default:tr></default:tbody></default:table></foreign><foreign><default:table xmlns="http://www.w3.org/1999/xhtml"><default:colgroup><default:col style="width:12%"/><default:col style="width:22%"/><default:col style="width:22%"/><default:col style="width:22%"/><default:col style="width:22%"/></default:colgroup><default:thead><default:tr><default:td colspan="5"><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0"><b>Spirits of an alcoholic strength of at least 3.5%</b></p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Discount band</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Start threshold (hectolitres)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">End threshold (hectolitres)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Marginal discount (£)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Cumulative discount (£)</p></default:td></default:tr></default:thead><default:tbody><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">1</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">0</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">5</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">21.65</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">2</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">5</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">50</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">2.71</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">108.26</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">3</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">50</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">100</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">2.71</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">230.04</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">4</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">100</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">200</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">1.35</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">365.36</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">5</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">200</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">600</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">500.68</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">6</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">600</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">1000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">500.68</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">7</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">1000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">4500</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-0.14</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">500.68</p></default:td></default:tr></default:tbody></default:table></foreign></tblock></content></part><part><num>Part 2</num><heading>Qualifying draught products of an alcoholic strength of less than 8.5%</heading><content><tblock class="table" ukl:Orientation="portrait"><foreign><default:table xmlns="http://www.w3.org/1999/xhtml"><default:colgroup><default:col style="width:12%"/><default:col style="width:22%"/><default:col style="width:22%"/><default:col style="width:22%"/><default:col style="width:22%"/></default:colgroup><default:thead><default:tr><default:td colspan="5"><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0"><b>Alcoholic products, other than spirits, of an alcoholic strength of less than 3.5%</b></p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Discount band</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Start threshold (hectolitres)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">End threshold (hectolitres)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Marginal discount (£)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Cumulative discount (£)</p></default:td></default:tr></default:thead><default:tbody><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">1</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">0</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">5</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">8.58</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">2</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">5</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">50</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">2.18</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">42.90</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">3</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">50</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">100</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">1.31</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">141.06</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">4</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">100</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">200</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">0.44</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">206.50</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">5</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">200</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">600</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">250.12</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">6</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">600</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">1000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">250.12</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">7</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">1000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">4500</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-0.07</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">250.12</p></default:td></default:tr></default:tbody></default:table></foreign><foreign><default:table xmlns="http://www.w3.org/1999/xhtml"><default:colgroup><default:col style="width:12%"/><default:col style="width:22%"/><default:col style="width:22%"/><default:col style="width:22%"/><default:col style="width:22%"/></default:colgroup><default:thead><default:tr><default:td colspan="5"><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0"><b>Spirits of an alcoholic strength of less than 3.5%</b></p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Discount band</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Start threshold (hectolitres)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">End threshold (hectolitres)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Marginal discount (£)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Cumulative discount (£)</p></default:td></default:tr></default:thead><default:tbody><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">1</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">0</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">5</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">5.67</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">2</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">5</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">50</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">2.18</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">28.36</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">3</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">50</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">100</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">1.31</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">126.51</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">4</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">100</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">200</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">0.44</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">191.95</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">5</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">200</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">600</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">235.58</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">6</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">600</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">1000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">235.58</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">7</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">1000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">4500</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-0.07</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">235.58</p></default:td></default:tr></default:tbody></default:table></foreign></tblock><tblock class="table" ukl:Orientation="portrait"><foreign><default:table xmlns="http://www.w3.org/1999/xhtml"><default:colgroup><default:col style="width:12%"/><default:col style="width:22%"/><default:col style="width:22%"/><default:col style="width:22%"/><default:col style="width:22%"/></default:colgroup><default:thead><default:tr><default:td colspan="5"><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0"><b>Still cider of an alcoholic strength of at least 3.5%; sparkling cider of an alcoholic strength of at least 3.5% but not exceeding 5.5%</b></p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Discount band</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Start threshold (hectolitres)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">End threshold (hectolitres)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Marginal discount (£)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Cumulative discount (£)</p></default:td></default:tr></default:thead><default:tbody><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">1</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">0</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">5</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">8.95</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">2</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">5</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">50</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">2.28</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">44.75</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">3</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">50</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">100</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">1.37</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">147.19</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">4</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">100</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">200</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">0.46</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">215.48</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">5</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">200</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">600</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">261.01</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">6</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">600</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">1000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">261.01</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">7</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">1000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">4500</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-0.07</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">261.01</p></default:td></default:tr></default:tbody></default:table></foreign></tblock><tblock class="table" ukl:Orientation="portrait"><foreign><default:table xmlns="http://www.w3.org/1999/xhtml"><default:colgroup><default:col style="width:12%"/><default:col style="width:22%"/><default:col style="width:22%"/><default:col style="width:22%"/><default:col style="width:22%"/></default:colgroup><default:thead><default:tr><default:td colspan="5"><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0"><b>Beer of an alcoholic strength of at least 3.5%</b></p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Discount band</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Start threshold (hectolitres)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">End threshold (hectolitres)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Marginal discount (£)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Cumulative discount (£)</p></default:td></default:tr></default:thead><default:tbody><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">1</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">0</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">5</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">17.80</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">2</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">5</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">112.5</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">9.89</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">89.02</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">3</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">112.5</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">225</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">8.90</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">1,152.29</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">4</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">225</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">450</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">4.95</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">2,153.74</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">5</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">450</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">900</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">2.97</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">3,266.46</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">6</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">900</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">1350</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">4,601.73</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">7</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">1350</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">4500</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-1.46</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">4,601.73</p></default:td></default:tr></default:tbody></default:table></foreign></tblock><tblock class="table" ukl:Orientation="portrait"><foreign><default:table xmlns="http://www.w3.org/1999/xhtml"><default:colgroup><default:col style="width:12%"/><default:col style="width:22%"/><default:col style="width:22%"/><default:col style="width:22%"/><default:col style="width:22%"/></default:colgroup><default:thead><default:tr><default:td colspan="5"><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0"><b>Wine and other fermented products of an alcoholic strength of at least 3.5%; sparkling cider of an alcoholic strength exceeding 5.5%</b></p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Discount band</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Start threshold (hectolitres)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">End threshold (hectolitres)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Marginal discount (£)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Cumulative discount (£)</p></default:td></default:tr></default:thead><default:tbody><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">1</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">0</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">5</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">19.45</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">2</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">5</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">50</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">1.98</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">97.25</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">3</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">50</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">100</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">1.98</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">186.27</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">4</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">100</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">200</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">0.99</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">285.18</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">5</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">200</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">600</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">384.09</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">6</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">600</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">1000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">384.09</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">7</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">1000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">4500</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-0.11</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">384.09</p></default:td></default:tr></default:tbody></default:table></foreign><foreign><default:table xmlns="http://www.w3.org/1999/xhtml"><default:colgroup><default:col style="width:12%"/><default:col style="width:22%"/><default:col style="width:22%"/><default:col style="width:22%"/><default:col style="width:22%"/></default:colgroup><default:thead><default:tr><default:td colspan="5"><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0"><b>Spirits of an alcoholic strength of at least 3.5%</b></p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Discount band</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Start threshold (hectolitres)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">End threshold (hectolitres)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Marginal discount (£)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Cumulative discount (£)</p></default:td></default:tr></default:thead><default:tbody><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">1</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">0</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">5</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">15.83</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">2</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">5</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">50</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">1.98</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">79.13</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">3</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">50</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">100</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">1.98</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">168.15</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">4</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">100</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">200</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">0.99</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">267.05</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">5</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">200</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">600</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">365.96</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">6</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">600</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">1000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">365.96</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">7</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">1000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">4500</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-0.10</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">365.96</p></default:td></default:tr></default:tbody></default:table></foreign></tblock></content></part></hcontainer></quotedStructure><inline name="appendText">.</inline></mod></p></content></subsection><subsection eId="section-89-5"><num>(5)</num><intro><p>In consequence of the amendments made by the preceding subsections of this section, in Schedule 2 to the Travellers’ Allowances Order 1994 (which provides in certain circumstances for a simplified calculation of excise duty on goods brought into Great Britain)—</p></intro><level class="para1" eId="section-89-5-a"><num>(a)</num><content><p><mod>in the entry relating to beer, in the second column, for “£0.91” substitute <quotedText>“£0.95”</quotedText>,</mod></p></content></level><level class="para1" eId="section-89-5-b"><num>(b)</num><content><p><mod>in the entry relating to still wine, in the second column, for “£3.40” substitute <quotedText>“£3.52”</quotedText>,</mod></p></content></level><level class="para1" eId="section-89-5-c"><num>(c)</num><content><p><mod>in the entry relating to sparkling wine, in the second column, for “£3.40” substitute <quotedText>“£3.52”</quotedText>,</mod></p></content></level><level class="para1" eId="section-89-5-d"><num>(d)</num><content><p><mod>in the entry relating to cider, in the second column, for “£0.46” substitute <quotedText>“£0.48”</quotedText>,</mod></p></content></level><level class="para1" eId="section-89-5-e"><num>(e)</num><content><p><mod>in the entry relating to sparkling cider of an alcoholic strength not exceeding 5.5% by volume, in the second column, for “£0.46” substitute <quotedText>“£0.48”</quotedText>,</mod></p></content></level><level class="para1" eId="section-89-5-f"><num>(f)</num><content><p><mod>in the entry relating to sparkling cider of an alcoholic strength exceeding 5.5% but less than 8.5% by volume, in the second column, for “£1.80” substitute <quotedText>“£1.86”</quotedText>,</mod></p></content></level><level class="para1" eId="section-89-5-g"><num>(g)</num><content><p><mod>in the entry relating to other fermented products, in the second column, for “£3.40” substitute <quotedText>“£3.52”</quotedText>, and</mod></p></content></level><level class="para1" eId="section-89-5-h"><num>(h)</num><content><p><mod>in the entry relating to spirits, in the second column, for “£12.30” substitute <quotedText>“£12.75”</quotedText>.</mod></p></content></level></subsection><subsection eId="section-89-6"><num>(6)</num><content><p>The amendments made by this section are treated as having come into force on 1 February 2026.</p></content></subsection></section>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-89-1"><num>(1)</num><content><p>Part 2 of F(No.2)A 2023 (alcohol duty) is amended as follows.</p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" xmlns:default="http://www.w3.org/1999/xhtml" eId="section-89-2"><num>(2)</num><content><p><mod>For Schedule 7 (main rates) substitute—<quotedStructure startQuote="“" endQuote="”" uk:context="schedule" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="schedule" ukl:Format="double"><hcontainer name="schedule"><num>Schedule 7</num><heading>Rates of alcohol duty</heading><content><tblock class="table" ukl:Orientation="portrait"><heading>TABLE 1</heading><foreign><default:table xmlns="http://www.w3.org/1999/xhtml"><default:colgroup><default:col span="1" style="width:60%"/><default:col span="1" style="width:40%"/></default:colgroup><default:thead><default:tr><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0"><i><b>Alcoholic strength of alcoholic product</b></i></p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0"><i><b>Rate of duty per litre of alcohol in the product</b></i></p></default:th></default:tr></default:thead><default:tbody><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Less than 3.5%</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£9.96</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">At least 3.5% but less than 8.5%</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">See Table 2</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">At least 8.5% but not exceeding 22%</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£30.62</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Exceeding 22%</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£33.99</p></default:td></default:tr></default:tbody></default:table></foreign></tblock><tblock class="table" ukl:Orientation="portrait"><heading>TABLE 2</heading><foreign><default:table xmlns="http://www.w3.org/1999/xhtml"><default:colgroup><default:col span="1" style="width:70%"/><default:col span="1" style="width:30%"/></default:colgroup><default:thead><default:tr><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0"><i><b> Description of alcoholic product (of an alcoholic strength of at least 3.5% but less than 8.5%)</b></i></p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0"><i><b> Rate of duty per litre of alcohol in the product</b></i></p></default:th></default:tr></default:thead><default:tbody><default:tr><default:td><blockList xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="ordered alpha parens" ukl:Name="OrderedList" ukl:Type="alpha" ukl:Decoration="parens"><item><num>(a)</num><p>Still cider</p></item><item><num>(b)</num><p>Sparkling cider of an alcoholic strength not exceeding 5.5%</p></item></blockList></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£10.39</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Beer</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£22.58</p></default:td></default:tr><default:tr><default:td><blockList xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="ordered alpha parens" ukl:Name="OrderedList" ukl:Type="alpha" ukl:Decoration="parens"><item><num>(a)</num><p>Spirits, wine and other fermented products</p></item><item><num>(b)</num><p>Sparkling cider of an alcoholic strength exceeding 5.5%</p></item></blockList></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£26.61</p></default:td></default:tr></default:tbody></default:table></foreign></tblock></content></hcontainer></quotedStructure><inline name="appendText">.</inline></mod></p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" xmlns:default="http://www.w3.org/1999/xhtml" eId="section-89-3"><num>(3)</num><content><p><mod>For Schedule 8 (reduced rates for qualifying draught products) substitute—<quotedStructure startQuote="“" endQuote="”" uk:context="schedule" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="schedule" ukl:Format="double"><hcontainer name="schedule"><num>Schedule 8</num><heading>Qualifying draught products: reduced rates</heading><content><tblock class="table" ukl:Orientation="portrait"><foreign><default:table xmlns="http://www.w3.org/1999/xhtml"><default:colgroup><default:col span="1" style="width:70%"/><default:col span="1" style="width:30%"/></default:colgroup><default:thead><default:tr><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0"><i><b>Description of alcoholic product</b></i></p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0"><i><b> Rate of duty per litre of alcohol in the product</b></i></p></default:th></default:tr></default:thead><default:tbody><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Alcoholic products of an alcoholic strength of less than 3.5%</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£8.58</p></default:td></default:tr><default:tr><default:td><blockList xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="ordered alpha parens" ukl:Name="OrderedList" ukl:Type="alpha" ukl:Decoration="parens"><item><num>(a)</num><p>Still cider of an alcoholic strength of at least 3.5%</p></item><item><num>(b)</num><p>Sparkling cider of an alcoholic strength of at least 3.5% but not exceeding 5.5%</p></item></blockList></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£8.95</p></default:td></default:tr><default:tr><default:td><blockList xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="ordered alpha parens" ukl:Name="OrderedList" ukl:Type="alpha" ukl:Decoration="parens"><item><num>(a)</num><p>Beer, spirits, wine and other fermented products of an alcoholic strength of at least 3.5% (but less than 8.5%)</p></item><item><num>(b)</num><p>Sparkling cider of an alcoholic strength exceeding 5.5%</p></item></blockList></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£19.45</p></default:td></default:tr></default:tbody></default:table></foreign></tblock></content></hcontainer></quotedStructure><inline name="appendText">.</inline></mod></p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" xmlns:default="http://www.w3.org/1999/xhtml" eId="section-89-4"><num>(4)</num><content><p><mod>For Schedule 9 (duty discount for small producer alcoholic products)—<quotedStructure startQuote="“" endQuote="”" uk:context="schedule" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="schedule" ukl:Format="double"><hcontainer name="schedule"><num>Schedule 9</num><heading>Small producer alcoholic products: duty discount</heading><part><num>Part 1</num><heading>Alcoholic products, other than qualifying draught products, of an alcoholic strength of less than 8.5%</heading><content><tblock class="table" ukl:Orientation="portrait"><foreign><default:table xmlns="http://www.w3.org/1999/xhtml"><default:colgroup><default:col style="width:12%"/><default:col style="width:22%"/><default:col style="width:22%"/><default:col style="width:22%"/><default:col style="width:22%"/></default:colgroup><default:thead><default:tr><default:td colspan="5"><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0"><b>Alcoholic products, other than spirits, of an alcoholic strength of less than 3.5%</b></p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Discount band</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Start threshold (hectolitres)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">End threshold (hectolitres)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Marginal discount (£)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Cumulative discount (£)</p></default:td></default:tr></default:thead><default:tbody><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">1</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">0</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">5</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">9.96</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">2</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">5</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">50</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">2.53</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">49.80</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">3</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">50</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">100</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">1.52</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">163.74</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">4</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">100</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">200</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">0.51</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">239.71</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">5</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">200</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">600</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">290.35</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">6</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">600</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">1000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">290.35</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">7</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">1000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">4500</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-0.08</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">290.35</p></default:td></default:tr></default:tbody></default:table></foreign><foreign><default:table xmlns="http://www.w3.org/1999/xhtml"><default:colgroup><default:col style="width:12%"/><default:col style="width:22%"/><default:col style="width:22%"/><default:col style="width:22%"/><default:col style="width:22%"/></default:colgroup><default:thead><default:tr><default:td colspan="5"><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0"><b>Spirits of an alcoholic strength of less than 3.5%</b></p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Discount band</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Start threshold (hectolitres)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">End threshold (hectolitres)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Marginal discount (£)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Cumulative discount (£)</p></default:td></default:tr></default:thead><default:tbody><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">1</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">0</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">5</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">6.58</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">2</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">5</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">50</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">2.53</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">32.92</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">3</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">50</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">100</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">1.52</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">146.86</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">4</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">100</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">200</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">0.51</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">222.82</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">5</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">200</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">600</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">273.47</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">6</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">600</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">1000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">273.47</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">7</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">1000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">4500</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-0.08</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">273.47</p></default:td></default:tr></default:tbody></default:table></foreign></tblock><tblock class="table" ukl:Orientation="portrait"><foreign><default:table xmlns="http://www.w3.org/1999/xhtml"><default:colgroup><default:col style="width:12%"/><default:col style="width:22%"/><default:col style="width:22%"/><default:col style="width:22%"/><default:col style="width:22%"/></default:colgroup><default:thead><default:tr><default:td colspan="5"><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0"><b>Still cider of an alcoholic strength of at least 3.5%;</b><b>sparkling cider of an alcoholic strength of at least 3.5% but not exceeding 5.5%</b></p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Discount band</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Start threshold (hectolitres)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">End threshold (hectolitres)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Marginal discount (£)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Cumulative discount (£)</p></default:td></default:tr></default:thead><default:tbody><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">1</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">0</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">5</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">10.39</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">2</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">5</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">50</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">2.64</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">51.95</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">3</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">50</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">100</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">1.59</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">170.87</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">4</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">100</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">200</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">0.53</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">250.15</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">5</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">200</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">600</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">303</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">6</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">600</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">1000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">303</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">7</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">1000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">4500</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-0.09</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">303</p></default:td></default:tr></default:tbody></default:table></foreign></tblock><tblock class="table" ukl:Orientation="portrait"><foreign><default:table xmlns="http://www.w3.org/1999/xhtml"><default:colgroup><default:col style="width:12%"/><default:col style="width:22%"/><default:col style="width:22%"/><default:col style="width:22%"/><default:col style="width:22%"/></default:colgroup><default:thead><default:tr><default:td colspan="5"><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0"><b>Beer of an alcoholic strength of at least 3.5%</b></p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Discount band</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Start threshold (hectolitres)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">End threshold (hectolitres)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Marginal discount (£)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Cumulative discount (£)</p></default:td></default:tr></default:thead><default:tbody><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">1</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">0</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">5</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">20.67</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">2</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">5</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">112.5</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">11.48</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">103.34</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">3</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">112.5</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">225</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">10.33</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">1,337.72</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">4</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">225</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">450</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">5.74</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">2,500.33</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">5</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">450</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">900</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">3.44</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">3,792.12</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">6</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">900</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">1350</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">5,342.27</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">7</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">1350</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">4500</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-1.70</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">5,342.27</p></default:td></default:tr></default:tbody></default:table></foreign></tblock><tblock class="table" ukl:Orientation="portrait"><foreign><default:table xmlns="http://www.w3.org/1999/xhtml"><default:colgroup><default:col style="width:12%"/><default:col style="width:22%"/><default:col style="width:22%"/><default:col style="width:22%"/><default:col style="width:22%"/></default:colgroup><default:thead><default:tr><default:td colspan="5"><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0"><b>Wine and other fermented products of an alcoholic strength of at least 3.5%; sparkling cider of an alcoholic strength exceeding 5.5%</b></p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Discount band</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Start threshold (hectolitres)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">End threshold (hectolitres)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Marginal discount (£)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Cumulative discount (£)</p></default:td></default:tr></default:thead><default:tbody><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">1</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">0</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">5</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">26.61</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">2</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">5</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">50</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">2.71</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">133.05</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">3</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">50</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">100</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">2.71</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">254.84</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">4</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">100</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">200</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">1.35</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">390.16</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">5</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">200</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">600</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">525.48</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">6</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">600</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">1000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">525.48</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">7</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">1000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">4500</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-0.15</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">525.48</p></default:td></default:tr></default:tbody></default:table></foreign><foreign><default:table xmlns="http://www.w3.org/1999/xhtml"><default:colgroup><default:col style="width:12%"/><default:col style="width:22%"/><default:col style="width:22%"/><default:col style="width:22%"/><default:col style="width:22%"/></default:colgroup><default:thead><default:tr><default:td colspan="5"><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0"><b>Spirits of an alcoholic strength of at least 3.5%</b></p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Discount band</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Start threshold (hectolitres)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">End threshold (hectolitres)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Marginal discount (£)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Cumulative discount (£)</p></default:td></default:tr></default:thead><default:tbody><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">1</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">0</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">5</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">21.65</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">2</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">5</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">50</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">2.71</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">108.26</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">3</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">50</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">100</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">2.71</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">230.04</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">4</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">100</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">200</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">1.35</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">365.36</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">5</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">200</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">600</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">500.68</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">6</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">600</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">1000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">500.68</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">7</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">1000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">4500</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-0.14</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">500.68</p></default:td></default:tr></default:tbody></default:table></foreign></tblock></content></part><part><num>Part 2</num><heading>Qualifying draught products of an alcoholic strength of less than 8.5%</heading><content><tblock class="table" ukl:Orientation="portrait"><foreign><default:table xmlns="http://www.w3.org/1999/xhtml"><default:colgroup><default:col style="width:12%"/><default:col style="width:22%"/><default:col style="width:22%"/><default:col style="width:22%"/><default:col style="width:22%"/></default:colgroup><default:thead><default:tr><default:td colspan="5"><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0"><b>Alcoholic products, other than spirits, of an alcoholic strength of less than 3.5%</b></p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Discount band</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Start threshold (hectolitres)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">End threshold (hectolitres)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Marginal discount (£)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Cumulative discount (£)</p></default:td></default:tr></default:thead><default:tbody><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">1</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">0</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">5</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">8.58</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">2</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">5</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">50</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">2.18</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">42.90</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">3</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">50</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">100</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">1.31</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">141.06</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">4</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">100</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">200</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">0.44</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">206.50</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">5</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">200</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">600</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">250.12</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">6</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">600</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">1000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">250.12</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">7</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">1000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">4500</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-0.07</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">250.12</p></default:td></default:tr></default:tbody></default:table></foreign><foreign><default:table xmlns="http://www.w3.org/1999/xhtml"><default:colgroup><default:col style="width:12%"/><default:col style="width:22%"/><default:col style="width:22%"/><default:col style="width:22%"/><default:col style="width:22%"/></default:colgroup><default:thead><default:tr><default:td colspan="5"><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0"><b>Spirits of an alcoholic strength of less than 3.5%</b></p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Discount band</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Start threshold (hectolitres)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">End threshold (hectolitres)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Marginal discount (£)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Cumulative discount (£)</p></default:td></default:tr></default:thead><default:tbody><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">1</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">0</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">5</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">5.67</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">2</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">5</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">50</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">2.18</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">28.36</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">3</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">50</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">100</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">1.31</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">126.51</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">4</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">100</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">200</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">0.44</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">191.95</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">5</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">200</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">600</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">235.58</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">6</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">600</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">1000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">235.58</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">7</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">1000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">4500</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-0.07</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">235.58</p></default:td></default:tr></default:tbody></default:table></foreign></tblock><tblock class="table" ukl:Orientation="portrait"><foreign><default:table xmlns="http://www.w3.org/1999/xhtml"><default:colgroup><default:col style="width:12%"/><default:col style="width:22%"/><default:col style="width:22%"/><default:col style="width:22%"/><default:col style="width:22%"/></default:colgroup><default:thead><default:tr><default:td colspan="5"><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0"><b>Still cider of an alcoholic strength of at least 3.5%; sparkling cider of an alcoholic strength of at least 3.5% but not exceeding 5.5%</b></p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Discount band</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Start threshold (hectolitres)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">End threshold (hectolitres)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Marginal discount (£)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Cumulative discount (£)</p></default:td></default:tr></default:thead><default:tbody><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">1</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">0</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">5</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">8.95</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">2</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">5</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">50</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">2.28</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">44.75</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">3</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">50</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">100</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">1.37</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">147.19</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">4</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">100</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">200</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">0.46</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">215.48</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">5</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">200</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">600</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">261.01</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">6</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">600</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">1000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">261.01</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">7</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">1000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">4500</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-0.07</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">261.01</p></default:td></default:tr></default:tbody></default:table></foreign></tblock><tblock class="table" ukl:Orientation="portrait"><foreign><default:table xmlns="http://www.w3.org/1999/xhtml"><default:colgroup><default:col style="width:12%"/><default:col style="width:22%"/><default:col style="width:22%"/><default:col style="width:22%"/><default:col style="width:22%"/></default:colgroup><default:thead><default:tr><default:td colspan="5"><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0"><b>Beer of an alcoholic strength of at least 3.5%</b></p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Discount band</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Start threshold (hectolitres)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">End threshold (hectolitres)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Marginal discount (£)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Cumulative discount (£)</p></default:td></default:tr></default:thead><default:tbody><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">1</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">0</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">5</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">17.80</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">2</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">5</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">112.5</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">9.89</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">89.02</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">3</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">112.5</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">225</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">8.90</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">1,152.29</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">4</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">225</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">450</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">4.95</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">2,153.74</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">5</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">450</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">900</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">2.97</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">3,266.46</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">6</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">900</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">1350</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">4,601.73</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">7</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">1350</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">4500</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-1.46</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">4,601.73</p></default:td></default:tr></default:tbody></default:table></foreign></tblock><tblock class="table" ukl:Orientation="portrait"><foreign><default:table xmlns="http://www.w3.org/1999/xhtml"><default:colgroup><default:col style="width:12%"/><default:col style="width:22%"/><default:col style="width:22%"/><default:col style="width:22%"/><default:col style="width:22%"/></default:colgroup><default:thead><default:tr><default:td colspan="5"><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0"><b>Wine and other fermented products of an alcoholic strength of at least 3.5%; sparkling cider of an alcoholic strength exceeding 5.5%</b></p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Discount band</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Start threshold (hectolitres)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">End threshold (hectolitres)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Marginal discount (£)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Cumulative discount (£)</p></default:td></default:tr></default:thead><default:tbody><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">1</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">0</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">5</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">19.45</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">2</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">5</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">50</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">1.98</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">97.25</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">3</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">50</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">100</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">1.98</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">186.27</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">4</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">100</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">200</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">0.99</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">285.18</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">5</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">200</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">600</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">384.09</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">6</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">600</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">1000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">384.09</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">7</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">1000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">4500</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-0.11</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">384.09</p></default:td></default:tr></default:tbody></default:table></foreign><foreign><default:table xmlns="http://www.w3.org/1999/xhtml"><default:colgroup><default:col style="width:12%"/><default:col style="width:22%"/><default:col style="width:22%"/><default:col style="width:22%"/><default:col style="width:22%"/></default:colgroup><default:thead><default:tr><default:td colspan="5"><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0"><b>Spirits of an alcoholic strength of at least 3.5%</b></p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Discount band</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Start threshold (hectolitres)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">End threshold (hectolitres)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Marginal discount (£)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Cumulative discount (£)</p></default:td></default:tr></default:thead><default:tbody><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">1</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">0</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">5</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">15.83</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">2</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">5</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">50</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">1.98</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">79.13</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">3</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">50</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">100</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">1.98</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">168.15</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">4</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">100</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">200</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">0.99</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">267.05</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">5</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">200</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">600</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">365.96</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">6</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">600</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">1000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">365.96</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">7</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">1000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">4500</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-0.10</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">365.96</p></default:td></default:tr></default:tbody></default:table></foreign></tblock></content></part></hcontainer></quotedStructure><inline name="appendText">.</inline></mod></p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-89-5"><num>(5)</num><intro><p>In consequence of the amendments made by the preceding subsections of this section, in Schedule 2 to the Travellers’ Allowances Order 1994 (which provides in certain circumstances for a simplified calculation of excise duty on goods brought into Great Britain)—</p></intro><level class="para1" eId="section-89-5-a"><num>(a)</num><content><p><mod>in the entry relating to beer, in the second column, for “£0.91” substitute <quotedText>“£0.95”</quotedText>,</mod></p></content></level><level class="para1" eId="section-89-5-b"><num>(b)</num><content><p><mod>in the entry relating to still wine, in the second column, for “£3.40” substitute <quotedText>“£3.52”</quotedText>,</mod></p></content></level><level class="para1" eId="section-89-5-c"><num>(c)</num><content><p><mod>in the entry relating to sparkling wine, in the second column, for “£3.40” substitute <quotedText>“£3.52”</quotedText>,</mod></p></content></level><level class="para1" eId="section-89-5-d"><num>(d)</num><content><p><mod>in the entry relating to cider, in the second column, for “£0.46” substitute <quotedText>“£0.48”</quotedText>,</mod></p></content></level><level class="para1" eId="section-89-5-e"><num>(e)</num><content><p><mod>in the entry relating to sparkling cider of an alcoholic strength not exceeding 5.5% by volume, in the second column, for “£0.46” substitute <quotedText>“£0.48”</quotedText>,</mod></p></content></level><level class="para1" eId="section-89-5-f"><num>(f)</num><content><p><mod>in the entry relating to sparkling cider of an alcoholic strength exceeding 5.5% but less than 8.5% by volume, in the second column, for “£1.80” substitute <quotedText>“£1.86”</quotedText>,</mod></p></content></level><level class="para1" eId="section-89-5-g"><num>(g)</num><content><p><mod>in the entry relating to other fermented products, in the second column, for “£3.40” substitute <quotedText>“£3.52”</quotedText>, and</mod></p></content></level><level class="para1" eId="section-89-5-h"><num>(h)</num><content><p><mod>in the entry relating to spirits, in the second column, for “£12.30” substitute <quotedText>“£12.75”</quotedText>.</mod></p></content></level></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-89-5-a"><num>(a)</num><content><p><mod>in the entry relating to beer, in the second column, for “£0.91” substitute <quotedText>“£0.95”</quotedText>,</mod></p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-89-5-b"><num>(b)</num><content><p><mod>in the entry relating to still wine, in the second column, for “£3.40” substitute <quotedText>“£3.52”</quotedText>,</mod></p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-89-5-c"><num>(c)</num><content><p><mod>in the entry relating to sparkling wine, in the second column, for “£3.40” substitute <quotedText>“£3.52”</quotedText>,</mod></p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-89-5-d"><num>(d)</num><content><p><mod>in the entry relating to cider, in the second column, for “£0.46” substitute <quotedText>“£0.48”</quotedText>,</mod></p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-89-5-e"><num>(e)</num><content><p><mod>in the entry relating to sparkling cider of an alcoholic strength not exceeding 5.5% by volume, in the second column, for “£0.46” substitute <quotedText>“£0.48”</quotedText>,</mod></p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-89-5-f"><num>(f)</num><content><p><mod>in the entry relating to sparkling cider of an alcoholic strength exceeding 5.5% but less than 8.5% by volume, in the second column, for “£1.80” substitute <quotedText>“£1.86”</quotedText>,</mod></p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-89-5-g"><num>(g)</num><content><p><mod>in the entry relating to other fermented products, in the second column, for “£3.40” substitute <quotedText>“£3.52”</quotedText>, and</mod></p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-89-5-h"><num>(h)</num><content><p><mod>in the entry relating to spirits, in the second column, for “£12.30” substitute <quotedText>“£12.75”</quotedText>.</mod></p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-89-6"><num>(6)</num><content><p>The amendments made by this section are treated as having come into force on 1 February 2026.</p></content></subsection>
<hcontainer xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:default="http://www.w3.org/1999/xhtml" name="crossheading" ukl:Name="Pblock" eId="part-3-crossheading-tobacco-products-duty"><heading>Tobacco products duty</heading><section eId="section-90"><num>90</num><heading>Rates of duty effective from 6pm on 26 November 2025</heading><subsection eId="section-90-1"><num>(1)</num><content><p><mod>In Schedule 1 to TPDA 1979 (table of rates of tobacco products duty), for the Table substitute—<quotedStructure startQuote="“" endQuote="”" uk:context="schedule" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="schedule" ukl:Format="double"><tblock class="table" ukl:Orientation="portrait"><heading>TABLE</heading><foreign><default:table xmlns="http://www.w3.org/1999/xhtml"><default:colgroup><default:col span="1" style="width:40%"/><default:col span="1" style="width:60%"/></default:colgroup><default:tbody><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">1 Cigarettes</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">An amount equal to the higher of—</p><blockList xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="ordered alpha parens" ukl:Name="OrderedList" ukl:Type="alpha" ukl:Decoration="parens"><item><num>(a)</num><p>16.5% of the retail price plus £353.50 per thousand cigarettes, or</p></item><item><num>(b)</num><p>£471.93 per thousand cigarettes.</p></item></blockList></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">2 Cigars</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£440.93 per kilogram</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">3 Hand-rolling tobacco</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£503.80 per kilogram</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">4 Other smoking tobacco and chewing tobacco</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£193.87 per kilogram</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">5 Tobacco for heating</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£363.36 per kilogram</p></default:td></default:tr></default:tbody></default:table></foreign></tblock></quotedStructure><inline name="appendText">.</inline></mod></p></content></subsection><subsection eId="section-90-2"><num>(2)</num><intro><p>In consequence of the provision made by <ref href="#section-90-1">subsection (1)</ref>, in Schedule 2 to the Travellers’ Allowances Order 1994 (which provides in certain circumstances for a simplified calculation of excise duty on goods brought into Great Britain)—</p></intro><level class="para1" eId="section-90-2-a"><num>(a)</num><content><p><mod>in the entry relating to cigarettes, for “£446.67” substitute <quotedText>“£471.93”</quotedText>,</mod></p></content></level><level class="para1" eId="section-90-2-b"><num>(b)</num><content><p><mod>in the entry relating to hand rolling tobacco, for “£476.83” substitute <quotedText>“£503.80”</quotedText>,</mod></p></content></level><level class="para1" eId="section-90-2-c"><num>(c)</num><content><p><mod>in the entry relating to other smoking tobacco and chewing tobacco, for “£183.49” substitute <quotedText>“£193.87”</quotedText>,</mod></p></content></level><level class="para1" eId="section-90-2-d"><num>(d)</num><content><p><mod>in the entry relating to cigars, for “£417.33” substitute <quotedText>“£440.93”</quotedText>,</mod></p></content></level><level class="para1" eId="section-90-2-e"><num>(e)</num><content><p><mod>in the entry relating to cigarillos, for “£417.33” substitute <quotedText>“£440.93”</quotedText>, and</mod></p></content></level><level class="para1" eId="section-90-2-f"><num>(f)</num><content><p><mod>in the entry relating to tobacco for heating, for “£103.17” substitute <quotedText>“£109.01”</quotedText>.</mod></p></content></level></subsection><subsection eId="section-90-3"><num>(3)</num><content><p>The amendments made by this section are treated as having come into force at 6pm on 26 November 2025.</p></content></subsection></section><section eId="section-91"><num>91</num><heading>Rates of duty effective from 1 October 2026</heading><subsection eId="section-91-1"><num>(1)</num><content><p><mod>In Schedule 1 to TPDA 1979 (table of rates of tobacco products duty), for the Table substitute—<quotedStructure startQuote="“" endQuote="”" uk:context="schedule" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="schedule" ukl:Format="double"><tblock class="table" ukl:Orientation="portrait"><heading>TABLE</heading><foreign><default:table xmlns="http://www.w3.org/1999/xhtml"><default:colgroup><default:col span="1" style="width:30%"/><default:col span="1" style="width:70%"/></default:colgroup><default:tbody><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">1 Cigarettes</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">An amount equal to the higher of—</p><blockList xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="ordered alpha parens" ukl:Name="OrderedList" ukl:Type="alpha" ukl:Decoration="parens"><item><num>(a)</num><p>16.5% of the retail price plus £394.09 per thousand cigarettes, or</p></item><item><num>(b)</num><p>£518.75 per thousand cigarettes.</p></item></blockList></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">2 Cigars</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£508.12 per kilogram</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">3 Hand-rolling tobacco</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£574.30 per kilogram</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">4 Other smoking tobacco and chewing tobacco</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£248.07 per kilogram</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">5 Tobacco for heating</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£426.47 per kilogram</p></default:td></default:tr></default:tbody></default:table></foreign></tblock></quotedStructure><inline name="appendText">.</inline></mod></p></content></subsection><subsection eId="section-91-2"><num>(2)</num><intro><p>In consequence of the provision made by <ref href="#section-90-1">subsection (1)</ref>, in Schedule 2 to the Travellers’ Allowances Order 1994 (which provides in certain circumstances for a simplified calculation of excise duty on goods brought into Great Britain)—</p></intro><level class="para1" eId="section-91-2-a"><num>(a)</num><content><p><mod>in the entry relating to cigarettes, for “£471.93” substitute <quotedText>“£518.75”</quotedText>,</mod></p></content></level><level class="para1" eId="section-91-2-b"><num>(b)</num><content><p><mod>in the entry relating to hand rolling tobacco, for “£503.80” substitute <quotedText>“£574.30”</quotedText>,</mod></p></content></level><level class="para1" eId="section-91-2-c"><num>(c)</num><content><p><mod>in the entry relating to other smoking tobacco and chewing tobacco, for “£193.87” substitute <quotedText>“£248.07”</quotedText>,</mod></p></content></level><level class="para1" eId="section-91-2-d"><num>(d)</num><content><p><mod>in the entry relating to cigars, for “£440.93” substitute <quotedText>“£508.12”</quotedText>,</mod></p></content></level><level class="para1" eId="section-91-2-e"><num>(e)</num><content><p><mod>in the entry relating to cigarillos, for “£440.93” substitute <quotedText>“£508.12”</quotedText>, and</mod></p></content></level><level class="para1" eId="section-91-2-f"><num>(f)</num><content><p><mod>in the entry relating to tobacco for heating, for “£109.01” substitute <quotedText>“£127.94”</quotedText>.</mod></p></content></level></subsection><subsection eId="section-91-3"><num>(3)</num><content><p>The amendments made by this section come into force on 1 October 2026.</p></content></subsection></section></hcontainer>
<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" xmlns:default="http://www.w3.org/1999/xhtml" eId="section-90"><num>90</num><heading>Rates of duty effective from 6pm on 26 November 2025</heading><subsection eId="section-90-1"><num>(1)</num><content><p><mod>In Schedule 1 to TPDA 1979 (table of rates of tobacco products duty), for the Table substitute—<quotedStructure startQuote="“" endQuote="”" uk:context="schedule" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="schedule" ukl:Format="double"><tblock class="table" ukl:Orientation="portrait"><heading>TABLE</heading><foreign><default:table xmlns="http://www.w3.org/1999/xhtml"><default:colgroup><default:col span="1" style="width:40%"/><default:col span="1" style="width:60%"/></default:colgroup><default:tbody><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">1 Cigarettes</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">An amount equal to the higher of—</p><blockList xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="ordered alpha parens" ukl:Name="OrderedList" ukl:Type="alpha" ukl:Decoration="parens"><item><num>(a)</num><p>16.5% of the retail price plus £353.50 per thousand cigarettes, or</p></item><item><num>(b)</num><p>£471.93 per thousand cigarettes.</p></item></blockList></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">2 Cigars</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£440.93 per kilogram</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">3 Hand-rolling tobacco</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£503.80 per kilogram</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">4 Other smoking tobacco and chewing tobacco</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£193.87 per kilogram</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">5 Tobacco for heating</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£363.36 per kilogram</p></default:td></default:tr></default:tbody></default:table></foreign></tblock></quotedStructure><inline name="appendText">.</inline></mod></p></content></subsection><subsection eId="section-90-2"><num>(2)</num><intro><p>In consequence of the provision made by <ref href="#section-90-1">subsection (1)</ref>, in Schedule 2 to the Travellers’ Allowances Order 1994 (which provides in certain circumstances for a simplified calculation of excise duty on goods brought into Great Britain)—</p></intro><level class="para1" eId="section-90-2-a"><num>(a)</num><content><p><mod>in the entry relating to cigarettes, for “£446.67” substitute <quotedText>“£471.93”</quotedText>,</mod></p></content></level><level class="para1" eId="section-90-2-b"><num>(b)</num><content><p><mod>in the entry relating to hand rolling tobacco, for “£476.83” substitute <quotedText>“£503.80”</quotedText>,</mod></p></content></level><level class="para1" eId="section-90-2-c"><num>(c)</num><content><p><mod>in the entry relating to other smoking tobacco and chewing tobacco, for “£183.49” substitute <quotedText>“£193.87”</quotedText>,</mod></p></content></level><level class="para1" eId="section-90-2-d"><num>(d)</num><content><p><mod>in the entry relating to cigars, for “£417.33” substitute <quotedText>“£440.93”</quotedText>,</mod></p></content></level><level class="para1" eId="section-90-2-e"><num>(e)</num><content><p><mod>in the entry relating to cigarillos, for “£417.33” substitute <quotedText>“£440.93”</quotedText>, and</mod></p></content></level><level class="para1" eId="section-90-2-f"><num>(f)</num><content><p><mod>in the entry relating to tobacco for heating, for “£103.17” substitute <quotedText>“£109.01”</quotedText>.</mod></p></content></level></subsection><subsection eId="section-90-3"><num>(3)</num><content><p>The amendments made by this section are treated as having come into force at 6pm on 26 November 2025.</p></content></subsection></section>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" xmlns:default="http://www.w3.org/1999/xhtml" eId="section-90-1"><num>(1)</num><content><p><mod>In Schedule 1 to TPDA 1979 (table of rates of tobacco products duty), for the Table substitute—<quotedStructure startQuote="“" endQuote="”" uk:context="schedule" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="schedule" ukl:Format="double"><tblock class="table" ukl:Orientation="portrait"><heading>TABLE</heading><foreign><default:table xmlns="http://www.w3.org/1999/xhtml"><default:colgroup><default:col span="1" style="width:40%"/><default:col span="1" style="width:60%"/></default:colgroup><default:tbody><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">1 Cigarettes</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">An amount equal to the higher of—</p><blockList xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="ordered alpha parens" ukl:Name="OrderedList" ukl:Type="alpha" ukl:Decoration="parens"><item><num>(a)</num><p>16.5% of the retail price plus £353.50 per thousand cigarettes, or</p></item><item><num>(b)</num><p>£471.93 per thousand cigarettes.</p></item></blockList></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">2 Cigars</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£440.93 per kilogram</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">3 Hand-rolling tobacco</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£503.80 per kilogram</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">4 Other smoking tobacco and chewing tobacco</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£193.87 per kilogram</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">5 Tobacco for heating</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£363.36 per kilogram</p></default:td></default:tr></default:tbody></default:table></foreign></tblock></quotedStructure><inline name="appendText">.</inline></mod></p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-90-2"><num>(2)</num><intro><p>In consequence of the provision made by <ref href="#section-90-1">subsection (1)</ref>, in Schedule 2 to the Travellers’ Allowances Order 1994 (which provides in certain circumstances for a simplified calculation of excise duty on goods brought into Great Britain)—</p></intro><level class="para1" eId="section-90-2-a"><num>(a)</num><content><p><mod>in the entry relating to cigarettes, for “£446.67” substitute <quotedText>“£471.93”</quotedText>,</mod></p></content></level><level class="para1" eId="section-90-2-b"><num>(b)</num><content><p><mod>in the entry relating to hand rolling tobacco, for “£476.83” substitute <quotedText>“£503.80”</quotedText>,</mod></p></content></level><level class="para1" eId="section-90-2-c"><num>(c)</num><content><p><mod>in the entry relating to other smoking tobacco and chewing tobacco, for “£183.49” substitute <quotedText>“£193.87”</quotedText>,</mod></p></content></level><level class="para1" eId="section-90-2-d"><num>(d)</num><content><p><mod>in the entry relating to cigars, for “£417.33” substitute <quotedText>“£440.93”</quotedText>,</mod></p></content></level><level class="para1" eId="section-90-2-e"><num>(e)</num><content><p><mod>in the entry relating to cigarillos, for “£417.33” substitute <quotedText>“£440.93”</quotedText>, and</mod></p></content></level><level class="para1" eId="section-90-2-f"><num>(f)</num><content><p><mod>in the entry relating to tobacco for heating, for “£103.17” substitute <quotedText>“£109.01”</quotedText>.</mod></p></content></level></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-90-2-a"><num>(a)</num><content><p><mod>in the entry relating to cigarettes, for “£446.67” substitute <quotedText>“£471.93”</quotedText>,</mod></p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-90-2-b"><num>(b)</num><content><p><mod>in the entry relating to hand rolling tobacco, for “£476.83” substitute <quotedText>“£503.80”</quotedText>,</mod></p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-90-2-c"><num>(c)</num><content><p><mod>in the entry relating to other smoking tobacco and chewing tobacco, for “£183.49” substitute <quotedText>“£193.87”</quotedText>,</mod></p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-90-2-d"><num>(d)</num><content><p><mod>in the entry relating to cigars, for “£417.33” substitute <quotedText>“£440.93”</quotedText>,</mod></p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-90-2-e"><num>(e)</num><content><p><mod>in the entry relating to cigarillos, for “£417.33” substitute <quotedText>“£440.93”</quotedText>, and</mod></p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-90-2-f"><num>(f)</num><content><p><mod>in the entry relating to tobacco for heating, for “£103.17” substitute <quotedText>“£109.01”</quotedText>.</mod></p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-90-3"><num>(3)</num><content><p>The amendments made by this section are treated as having come into force at 6pm on 26 November 2025.</p></content></subsection>
<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" xmlns:default="http://www.w3.org/1999/xhtml" eId="section-91"><num>91</num><heading>Rates of duty effective from 1 October 2026</heading><subsection eId="section-91-1"><num>(1)</num><content><p><mod>In Schedule 1 to TPDA 1979 (table of rates of tobacco products duty), for the Table substitute—<quotedStructure startQuote="“" endQuote="”" uk:context="schedule" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="schedule" ukl:Format="double"><tblock class="table" ukl:Orientation="portrait"><heading>TABLE</heading><foreign><default:table xmlns="http://www.w3.org/1999/xhtml"><default:colgroup><default:col span="1" style="width:30%"/><default:col span="1" style="width:70%"/></default:colgroup><default:tbody><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">1 Cigarettes</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">An amount equal to the higher of—</p><blockList xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="ordered alpha parens" ukl:Name="OrderedList" ukl:Type="alpha" ukl:Decoration="parens"><item><num>(a)</num><p>16.5% of the retail price plus £394.09 per thousand cigarettes, or</p></item><item><num>(b)</num><p>£518.75 per thousand cigarettes.</p></item></blockList></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">2 Cigars</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£508.12 per kilogram</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">3 Hand-rolling tobacco</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£574.30 per kilogram</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">4 Other smoking tobacco and chewing tobacco</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£248.07 per kilogram</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">5 Tobacco for heating</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£426.47 per kilogram</p></default:td></default:tr></default:tbody></default:table></foreign></tblock></quotedStructure><inline name="appendText">.</inline></mod></p></content></subsection><subsection eId="section-91-2"><num>(2)</num><intro><p>In consequence of the provision made by <ref href="#section-90-1">subsection (1)</ref>, in Schedule 2 to the Travellers’ Allowances Order 1994 (which provides in certain circumstances for a simplified calculation of excise duty on goods brought into Great Britain)—</p></intro><level class="para1" eId="section-91-2-a"><num>(a)</num><content><p><mod>in the entry relating to cigarettes, for “£471.93” substitute <quotedText>“£518.75”</quotedText>,</mod></p></content></level><level class="para1" eId="section-91-2-b"><num>(b)</num><content><p><mod>in the entry relating to hand rolling tobacco, for “£503.80” substitute <quotedText>“£574.30”</quotedText>,</mod></p></content></level><level class="para1" eId="section-91-2-c"><num>(c)</num><content><p><mod>in the entry relating to other smoking tobacco and chewing tobacco, for “£193.87” substitute <quotedText>“£248.07”</quotedText>,</mod></p></content></level><level class="para1" eId="section-91-2-d"><num>(d)</num><content><p><mod>in the entry relating to cigars, for “£440.93” substitute <quotedText>“£508.12”</quotedText>,</mod></p></content></level><level class="para1" eId="section-91-2-e"><num>(e)</num><content><p><mod>in the entry relating to cigarillos, for “£440.93” substitute <quotedText>“£508.12”</quotedText>, and</mod></p></content></level><level class="para1" eId="section-91-2-f"><num>(f)</num><content><p><mod>in the entry relating to tobacco for heating, for “£109.01” substitute <quotedText>“£127.94”</quotedText>.</mod></p></content></level></subsection><subsection eId="section-91-3"><num>(3)</num><content><p>The amendments made by this section come into force on 1 October 2026.</p></content></subsection></section>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" xmlns:default="http://www.w3.org/1999/xhtml" eId="section-91-1"><num>(1)</num><content><p><mod>In Schedule 1 to TPDA 1979 (table of rates of tobacco products duty), for the Table substitute—<quotedStructure startQuote="“" endQuote="”" uk:context="schedule" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="schedule" ukl:Format="double"><tblock class="table" ukl:Orientation="portrait"><heading>TABLE</heading><foreign><default:table xmlns="http://www.w3.org/1999/xhtml"><default:colgroup><default:col span="1" style="width:30%"/><default:col span="1" style="width:70%"/></default:colgroup><default:tbody><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">1 Cigarettes</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">An amount equal to the higher of—</p><blockList xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="ordered alpha parens" ukl:Name="OrderedList" ukl:Type="alpha" ukl:Decoration="parens"><item><num>(a)</num><p>16.5% of the retail price plus £394.09 per thousand cigarettes, or</p></item><item><num>(b)</num><p>£518.75 per thousand cigarettes.</p></item></blockList></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">2 Cigars</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£508.12 per kilogram</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">3 Hand-rolling tobacco</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£574.30 per kilogram</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">4 Other smoking tobacco and chewing tobacco</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£248.07 per kilogram</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">5 Tobacco for heating</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£426.47 per kilogram</p></default:td></default:tr></default:tbody></default:table></foreign></tblock></quotedStructure><inline name="appendText">.</inline></mod></p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-91-2"><num>(2)</num><intro><p>In consequence of the provision made by <ref href="#section-90-1">subsection (1)</ref>, in Schedule 2 to the Travellers’ Allowances Order 1994 (which provides in certain circumstances for a simplified calculation of excise duty on goods brought into Great Britain)—</p></intro><level class="para1" eId="section-91-2-a"><num>(a)</num><content><p><mod>in the entry relating to cigarettes, for “£471.93” substitute <quotedText>“£518.75”</quotedText>,</mod></p></content></level><level class="para1" eId="section-91-2-b"><num>(b)</num><content><p><mod>in the entry relating to hand rolling tobacco, for “£503.80” substitute <quotedText>“£574.30”</quotedText>,</mod></p></content></level><level class="para1" eId="section-91-2-c"><num>(c)</num><content><p><mod>in the entry relating to other smoking tobacco and chewing tobacco, for “£193.87” substitute <quotedText>“£248.07”</quotedText>,</mod></p></content></level><level class="para1" eId="section-91-2-d"><num>(d)</num><content><p><mod>in the entry relating to cigars, for “£440.93” substitute <quotedText>“£508.12”</quotedText>,</mod></p></content></level><level class="para1" eId="section-91-2-e"><num>(e)</num><content><p><mod>in the entry relating to cigarillos, for “£440.93” substitute <quotedText>“£508.12”</quotedText>, and</mod></p></content></level><level class="para1" eId="section-91-2-f"><num>(f)</num><content><p><mod>in the entry relating to tobacco for heating, for “£109.01” substitute <quotedText>“£127.94”</quotedText>.</mod></p></content></level></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-91-2-a"><num>(a)</num><content><p><mod>in the entry relating to cigarettes, for “£471.93” substitute <quotedText>“£518.75”</quotedText>,</mod></p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-91-2-b"><num>(b)</num><content><p><mod>in the entry relating to hand rolling tobacco, for “£503.80” substitute <quotedText>“£574.30”</quotedText>,</mod></p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-91-2-c"><num>(c)</num><content><p><mod>in the entry relating to other smoking tobacco and chewing tobacco, for “£193.87” substitute <quotedText>“£248.07”</quotedText>,</mod></p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-91-2-d"><num>(d)</num><content><p><mod>in the entry relating to cigars, for “£440.93” substitute <quotedText>“£508.12”</quotedText>,</mod></p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-91-2-e"><num>(e)</num><content><p><mod>in the entry relating to cigarillos, for “£440.93” substitute <quotedText>“£508.12”</quotedText>, and</mod></p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-91-2-f"><num>(f)</num><content><p><mod>in the entry relating to tobacco for heating, for “£109.01” substitute <quotedText>“£127.94”</quotedText>.</mod></p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-91-3"><num>(3)</num><content><p>The amendments made by this section come into force on 1 October 2026.</p></content></subsection>
<hcontainer xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:default="http://www.w3.org/1999/xhtml" name="crossheading" ukl:Name="Pblock" eId="part-3-crossheading-taxes-relating-to-vehicles"><heading>Taxes relating to vehicles</heading><section eId="section-92"><num>92</num><heading>Vehicle excise duty for light passenger or light goods vehicles etc</heading><subsection eId="section-92-1"><num>(1)</num><content><p>Schedule 1 to VERA 1994 (annual rates of vehicle excise duty) is amended as follows.</p></content></subsection><subsection eId="section-92-2"><num>(2)</num><intro><p>In paragraph 1 (general rate)—</p></intro><level class="para1" eId="section-92-2-a"><num>(a)</num><content><p><mod>in sub-paragraph (2) (vehicle not covered elsewhere in Schedule with engine cylinder capacity exceeding 1,549cc), for “£360” substitute <quotedText>“£375”</quotedText>, and</mod></p></content></level><level class="para1" eId="section-92-2-b"><num>(b)</num><content><p><mod>in sub-paragraph (2A) (vehicle not covered elsewhere in Schedule with engine cylinder capacity not exceeding 1,549cc), for “£220” substitute <quotedText>“£230”</quotedText>.</mod></p></content></level></subsection><subsection eId="section-92-3"><num>(3)</num><content><p><mod>In paragraph 1B, for the Table substitute—<quotedStructure startQuote="“" endQuote="”" uk:context="schedule" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="schedule" ukl:Format="double"><tblock class="table" ukl:Orientation="portrait"><foreign><default:table xmlns="http://www.w3.org/1999/xhtml"><default:colgroup><default:col span="1" style="width:35%"/><default:col span="1" style="width:35%"/><default:col span="1" style="width:30%"/></default:colgroup><default:thead><default:tr><default:td colspan="2"><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">CO2 Emissions Figure</p></default:td></default:tr></default:thead><default:tbody><default:tr><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">(1)</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">(2)</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">(3)</p></default:th></default:tr><default:tr><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Exceeding or, in the first row, equal to or exceeding</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Not exceeding</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Rate</p></default:th></default:tr><default:tr><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">g/km</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">g/km</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£</p></default:th></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">0</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">100</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">20</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">100</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">110</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">20</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">110</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">120</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">35</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">120</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">130</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">170</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">130</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">140</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">200</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">140</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">150</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">225</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">150</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">165</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">275</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">165</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">175</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">325</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">175</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">185</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">360</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">185</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">200</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">410</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">200</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">225</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">445</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">225</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">255</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">760</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">255</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">—</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">790</p></default:td></default:tr></default:tbody></default:table></foreign></tblock></quotedStructure><inline name="appendText">.</inline></mod></p></content></subsection><subsection eId="section-92-4"><num>(4)</num><content><p><mod>In the sentence immediately following the Table in that paragraph, for the words from “as if” to the end substitute <quotedText>“as if, in column (3), in the last two rows, “445” were substituted for “760” and “790”.”</quotedText></mod></p></content></subsection><subsection eId="section-92-5"><num>(5)</num><content><p><mod>In paragraph 1GC, for Table 1 (vehicles other than higher rate diesel vehicles) substitute—<quotedStructure startQuote="“" endQuote="”" uk:context="schedule" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="schedule" ukl:Format="double"><tblock class="table" ukl:Orientation="portrait"><foreign><default:table xmlns="http://www.w3.org/1999/xhtml"><default:colgroup><default:col span="1" style="width:35%"/><default:col span="1" style="width:35%"/><default:col span="1" style="width:30%"/></default:colgroup><default:thead><default:tr><default:td colspan="2"><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">CO2 Emissions Figure</p></default:td></default:tr></default:thead><default:tbody><default:tr><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">(1)</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">(2)</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">(3)</p></default:th></default:tr><default:tr><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Exceeding or, in the first row, equal to</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Not exceeding</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0"> Rate</p></default:th></default:tr><default:tr><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">g/km</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">g/km</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£</p></default:th></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">0</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">0</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">10</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">0</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">50</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">115</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">50</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">75</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">135</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">75</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">90</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">280</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">90</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">100</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">365</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">100</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">110</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">405</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">110</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">130</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">455</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">130</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">150</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">560</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">150</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">170</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">1410</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">170</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">190</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">2270</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">190</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">225</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">3420</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">225</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">255</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">4850</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">255</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">—</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">5690</p></default:td></default:tr></default:tbody></default:table></foreign></tblock></quotedStructure><inline name="appendText">.</inline></mod></p></content></subsection><subsection eId="section-92-6"><num>(6)</num><content><p><mod>In that paragraph, for Table 2 (higher rate diesel vehicles) substitute—<quotedStructure startQuote="“" endQuote="”" uk:context="schedule" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="schedule" ukl:Format="double"><tblock class="table" ukl:Orientation="portrait"><foreign><default:table xmlns="http://www.w3.org/1999/xhtml"><default:colgroup><default:col span="1" style="width:35%"/><default:col span="1" style="width:35%"/><default:col span="1" style="width:30%"/></default:colgroup><default:thead><default:tr><default:td colspan="2"><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">CO2 Emissions Figure</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Rate</p></default:td></default:tr></default:thead><default:tbody><default:tr><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">(1)</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">(2)</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">(3)</p></default:th></default:tr><default:tr><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Exceeding or, in the first row, equal to or exceeding</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Not exceeding</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Rate</p></default:th></default:tr><default:tr><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">g/km</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">g/km</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£</p></default:th></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">0</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">50</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">135</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">50</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">75</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">280</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">75</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">90</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">365</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">90</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">100</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">405</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">100</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">110</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">455</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">110</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">130</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">560</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">130</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">150</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">1410</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">150</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">170</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">2270</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">170</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">190</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">3420</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">190</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">225</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">4850</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">225</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">255</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">5690</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">255</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">—</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">5690</p></default:td></default:tr></default:tbody></default:table></foreign></tblock></quotedStructure><inline name="appendText">.</inline></mod></p></content></subsection><subsection eId="section-92-7"><num>(7)</num><content><p><mod>In paragraph 1GD(1)(rates for any other licence for light passenger vehicles registered on or after 1 April 2017), for “£195” substitute <quotedText>“£200”</quotedText>.</mod></p></content></subsection><subsection eId="section-92-8"><num>(8)</num><content><p><mod>In paragraph 1GE(2) (rates for light passenger vehicles registered on or after 1 April 2017 with a price exceeding £40,000), for “£620” substitute <quotedText>“£640”</quotedText>.</mod></p></content></subsection><subsection eId="section-92-9"><num>(9)</num><content><p><mod>In paragraph 1J(a) (rates for light goods vehicles that are not pre-2007 or post-2008 lower emission vans), for “£345” substitute <quotedText>“£360”</quotedText>.</mod></p></content></subsection><subsection eId="section-92-10"><num>(10)</num><intro><p>In paragraph 2(1) (rates for motorcycles)—</p></intro><level class="para1" eId="section-92-10-a"><num>(a)</num><content><p><mod>in paragraph (a) (engine cylinder capacity not exceeding 150cc), for “£26” substitute <quotedText>“£27”</quotedText>,</mod></p></content></level><level class="para1" eId="section-92-10-b"><num>(b)</num><content><p><mod>in paragraph (b) (motorbicycles with engine cylinder capacity exceeding 150cc but not exceeding 400cc), for “£57” substitute <quotedText>“£59”</quotedText>,</mod></p></content></level><level class="para1" eId="section-92-10-c"><num>(c)</num><content><p><mod>in paragraph (c) (motorbicycles with engine cylinder capacity exceeding 400cc but not exceeding 600cc), for “£87” substitute <quotedText>“£90”</quotedText>, and</mod></p></content></level><level class="para1" eId="section-92-10-d"><num>(d)</num><content><p><mod>in paragraph (d) (other cases), for “£121” substitute <quotedText>“£125”</quotedText>.</mod></p></content></level></subsection><subsection eId="section-92-11"><num>(11)</num><content><p>The amendments made by this section have effect in relation to licences taken out on or after 1 April 2026.</p></content></subsection></section><section eId="section-93"><num>93</num><heading>Vehicle excise duty for rigid goods vehicles without trailers and tractive units</heading><subsection eId="section-93-1"><num>(1)</num><content><p>Schedule 1 to VERA 1994 (annual rates of vehicle excise duty) is amended as follows.</p></content></subsection><subsection eId="section-93-2"><num>(2)</num><content><p><mod>In paragraph 9 (rigid goods vehicles exceeding 3,500 kgs revenue weight), for the table in sub-paragraph (1) substitute—<quotedStructure startQuote="“" endQuote="”" uk:context="schedule" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="schedule" ukl:Format="double"><tblock class="table" ukl:Orientation="portrait"><foreign><default:table xmlns="http://www.w3.org/1999/xhtml"><default:colgroup><default:col span="1" style="width:20%"/><default:col span="1" style="width:20%"/><default:col span="1" style="width:20%"/><default:col span="1" style="width:20%"/><default:col span="1" style="width:20%"/></default:colgroup><default:thead><default:tr><default:th colspan="2"><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0"><i><b>Revenue weight of vehicle</b></i></p></default:th><default:th colspan="3"><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0"><i><b>Rate</b></i></p></default:th></default:tr><default:tr><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">(1)</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">(2)</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">(3)</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">(4)</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">(5)</p></default:th></default:tr><default:tr><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Exceeding</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Not exceeding</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Two axle vehicle</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Three axle vehicle</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Four or more axle vehicle</p></default:th></default:tr><default:tr><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">kgs</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">kgs</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£</p></default:th></default:tr></default:thead><default:tbody><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">3,500</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">7,500</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">177</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">177</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">177</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">7,500</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">11,999</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">215</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">215</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">215</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">11,999</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">14,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">102</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">102</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">102</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">14,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">15,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">113</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">102</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">102</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">15,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">19,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">322</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">102</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">102</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">19,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">21,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">322</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">135</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">102</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">21,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">23,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">322</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">226</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">102</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">23,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">25,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">322</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">322</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">226</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">25,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">27,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">322</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">322</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">322</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">27,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">44,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">322</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">322</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">601</p></default:td></default:tr></default:tbody></default:table></foreign></tblock></quotedStructure><inline name="appendText">.</inline></mod></p></content></subsection><subsection eId="section-93-3"><num>(3)</num><content><p><mod>In paragraph 11(1) (tractive units), for Table 1 and Table 2 substitute—<quotedStructure startQuote="“" endQuote="”" uk:context="schedule" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="schedule" ukl:Format="double"><tblock class="table" ukl:Orientation="portrait"><num>Table 1</num><heading><inline name="smallCaps">Tractive unit with two axles</inline></heading><foreign><default:table xmlns="http://www.w3.org/1999/xhtml"><default:colgroup><default:col span="1" style="width:20%"/><default:col span="1" style="width:20%"/><default:col span="1" style="width:20%"/><default:col span="1" style="width:20%"/><default:col span="1" style="width:20%"/></default:colgroup><default:thead><default:tr><default:th colspan="2"><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Revenue weight of vehicle</p></default:th><default:th colspan="3"><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Rate</p></default:th></default:tr><default:tr><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">(1)</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">(2)</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">(3)</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">(4)</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">(5)</p></default:th></default:tr><default:tr><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Exceeding</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Not exceeding</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Any no of semi-trailer axles</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">2 or more semi-trailer axles</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">3 or more semi-trailer axles</p></default:th></default:tr><default:tr><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">kgs</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">kgs</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£</p></default:th></default:tr></default:thead><default:tbody><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">3,500</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">11,999</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">177</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">177</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">177</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">11,999</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">22,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">86</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">86</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">86</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">22,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">23,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">90</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">86</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">86</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">23,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">25,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">163</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">86</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">86</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">25,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">26,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">285</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">108</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">86</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">26,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">28,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">285</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">157</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">86</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">28,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">31,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">322</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">322</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">86</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">31,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">33,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">601</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">601</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">226</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">33,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">34,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">601</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">654</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">226</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">34,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">38,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">741</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">741</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">601</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">38,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">44,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">913</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">913</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">913</p></default:td></default:tr></default:tbody></default:table></foreign></tblock><tblock class="table" ukl:Orientation="portrait"><num>Table 2</num><heading><inline name="smallCaps">Tractive unit with three or more axles</inline></heading><foreign><default:table xmlns="http://www.w3.org/1999/xhtml"><default:colgroup><default:col span="1" style="width:20%"/><default:col span="1" style="width:20%"/><default:col span="1" style="width:20%"/><default:col span="1" style="width:20%"/><default:col span="1" style="width:20%"/></default:colgroup><default:thead><default:tr><default:th colspan="2"><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Revenue weight of vehicle</p></default:th><default:th colspan="3"><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Rate</p></default:th></default:tr></default:thead><default:tbody><default:tr><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">(1)</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">(2)</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">(3)</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">(4)</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">(5)</p></default:th></default:tr><default:tr><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Exceeding</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Not exceeding</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Any no of semi-trailer axles</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">2 or more semi-trailer axles</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">3 or more semi-trailer axles</p></default:th></default:tr><default:tr><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">kgs</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">kgs</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£</p></default:th></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">3,500</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">11,999</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">177</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">177</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">177</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">11,999</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">25,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">86</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">86</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">86</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">25,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">26,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">108</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">86</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">86</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">26,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">28,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">157</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">86</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">86</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">28,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">29,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">226</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">86</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">86</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">29,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">31,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">311</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">86</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">86</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">31,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">33,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">601</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">226</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">86</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">33,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">34,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">654</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">322</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">86</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">34,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">36,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">654</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">322</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">226</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">36,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">38,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">741</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">601</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">322</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">38,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">44,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">913</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">913</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">601</p></default:td></default:tr></default:tbody></default:table></foreign></tblock></quotedStructure><inline name="appendText">.</inline></mod></p></content></subsection><subsection eId="section-93-4"><num>(4)</num><content><p>The amendments made by this section have effect in relation to licences taken out on or after 1 April 2026.</p></content></subsection></section><section eId="section-94"><num>94</num><heading>Vehicle excise duty for rigid goods vehicles with trailers</heading><subsection eId="section-94-1"><num>(1)</num><content><p><mod>In paragraph 10 of Schedule 1 to VERA 1994 (supplement to annual rate of duty for rigid goods vehicles with trailers), in sub-paragraph (6), for the Tables 1 to 6 substitute—<quotedStructure startQuote="“" endQuote="”" uk:context="schedule" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="schedule" ukl:Format="double"><tblock class="table" ukl:Orientation="portrait"><num>Table 1</num><heading>Vehicles with road-friendly suspension and 2 axles</heading><foreign><default:table xmlns="http://www.w3.org/1999/xhtml"><default:colgroup><default:col span="1" style="width:18%"/><default:col span="1" style="width:16%"/><default:col span="1" style="width:16%"/><default:col span="1" style="width:16%"/><default:col span="1" style="width:16%"/><default:col span="1" style="width:18%"/></default:colgroup><default:thead><default:tr><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0"><i><b>Vehicle excise duty band</b></i></p></default:th><default:th colspan="2"><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0"><i><b>Plated gross weight of trailer</b></i></p></default:th><default:th colspan="2"><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0"><i><b>Total weight</b></i></p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0"><i><b>Rate</b></i></p></default:th></default:tr><default:tr><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">(1)</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">(2)</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">(3)</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">(4)</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">(5)</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">(6)</p></default:th></default:tr><default:tr><default:th/><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Exceeding (kgs)</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Not exceeding (kgs)</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Exceeding (kgs)</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Not exceeding (kgs)</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£</p></default:th></default:tr></default:thead><default:tbody><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">B(T)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">4,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">12,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">27,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">247</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">B(T)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">12,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">33,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">317</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">B(T)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">12,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">33,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">36,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">431</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">B(T)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">12,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">36,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">38,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">343</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">B(T)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">12,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">38,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">477</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">D(T)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">4,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">12,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">30,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">392</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">D(T)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">12,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">38,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">462</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">D(T)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">12,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">38,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">477</p></default:td></default:tr></default:tbody></default:table></foreign></tblock><tblock class="table" ukl:Orientation="portrait"><num>Table 2</num><heading>Vehicles with road-friendly suspension and 3 axles</heading><foreign><default:table xmlns="http://www.w3.org/1999/xhtml"><default:colgroup><default:col span="1" style="width:18%"/><default:col span="1" style="width:16%"/><default:col span="1" style="width:16%"/><default:col span="1" style="width:16%"/><default:col span="1" style="width:16%"/><default:col span="1" style="width:18%"/></default:colgroup><default:thead><default:tr><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0"><i><b>Vehicle excise duty band</b></i></p></default:th><default:th colspan="2"><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0"><i><b>Plated gross weight of trailer</b></i></p></default:th><default:th colspan="2"><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0"><i><b>Total weight</b></i></p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0"><i><b>Rate</b></i></p></default:th></default:tr><default:tr><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">(1)</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">(2)</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">(3)</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">(4)</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">(5)</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">(6)</p></default:th></default:tr><default:tr><default:th/><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Exceeding (kgs)</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Not exceeding (kgs)</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Exceeding (kgs)</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Not exceeding (kgs)</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£</p></default:th></default:tr></default:thead><default:tbody><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">B(T)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">4,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">12,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">33,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">247</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">B(T)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">12,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">38,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">317</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">B(T)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">12,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">38,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">40,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">421</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">B(T)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">12,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">40,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">317</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">C(T)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">4,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">12,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">35,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">328</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">C(T)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">12,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">38,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">397</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">C(T)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">12,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">38,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">40,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">421</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">C(T)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">12,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">40,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">397</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">D(T)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">4,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">10,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">33,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">392</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">D(T)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">4,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">10,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">33,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">36,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">431</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">D(T)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">10,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">12,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">38,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">392</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">D(T)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">12,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">462</p></default:td></default:tr></default:tbody></default:table></foreign></tblock><tblock class="table" ukl:Orientation="portrait"><num>Table 3</num><heading>Vehicles with road-friendly suspension and 4 or more axles</heading><foreign><default:table xmlns="http://www.w3.org/1999/xhtml"><default:colgroup><default:col span="1" style="width:18%"/><default:col span="1" style="width:16%"/><default:col span="1" style="width:16%"/><default:col span="1" style="width:16%"/><default:col span="1" style="width:16%"/><default:col span="1" style="width:18%"/></default:colgroup><default:thead><default:tr><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0"><i><b>Vehicle excise duty band</b></i></p></default:th><default:th colspan="2"><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0"><i><b>Plated gross weight of trailer</b></i></p></default:th><default:th colspan="2"><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0"><i><b>Total weight</b></i></p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0"><i><b>Rate</b></i></p></default:th></default:tr><default:tr><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">(1)</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">(2)</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">(3)</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">(4)</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">(5)</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">(6)</p></default:th></default:tr><default:tr><default:th/><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Exceeding (kgs)</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Not exceeding (kgs)</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Exceeding (kgs)</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Not exceeding (kgs)</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£</p></default:th></default:tr></default:thead><default:tbody><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">B(T)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">4,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">12,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">35,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">247</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">B(T)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">12,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">317</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">C(T)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">4,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">12,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">37,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">328</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">C(T)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">12,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">397</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">D(T)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">4,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">12,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">39,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">392</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">D(T)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">12,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">462</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">E(T)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">4,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">12,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">575</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">E(T)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">12,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">645</p></default:td></default:tr></default:tbody></default:table></foreign></tblock><tblock class="table" ukl:Orientation="portrait"><num>Table 4</num><heading>Vehicles without road-friendly suspension with 2 axles</heading><foreign><default:table xmlns="http://www.w3.org/1999/xhtml"><default:colgroup><default:col span="1" style="width:18%"/><default:col span="1" style="width:16%"/><default:col span="1" style="width:16%"/><default:col span="1" style="width:16%"/><default:col span="1" style="width:16%"/><default:col span="1" style="width:18%"/></default:colgroup><default:thead><default:tr><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0"><i><b>Vehicle excise duty band</b></i></p></default:th><default:th colspan="2"><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0"><i><b>Plated gross weight of trailer</b></i></p></default:th><default:th colspan="2"><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0"><i><b>Total weight</b></i></p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0"><i><b>Rate</b></i></p></default:th></default:tr><default:tr><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">(1)</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">(2)</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">(3)</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">(4)</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">(5)</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">(6)</p></default:th></default:tr><default:tr><default:th/><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Exceeding (kgs)</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Not exceeding (kgs)</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Exceeding (kgs)</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Not exceeding (kgs)</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£</p></default:th></default:tr></default:thead><default:tbody><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">B(T)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">4,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">12,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">27,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">247</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">B(T)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">12,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">31,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">317</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">B(T)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">12,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">31,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">33,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">431</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">B(T)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">12,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">33,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">36,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">654</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">B(T)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">12,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">36,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">38,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">477</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">B(T)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">12,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">38,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">649</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">D(T)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">4,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">12,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">30,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">392</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">D(T)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">12,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">33,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">462</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">D(T)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">12,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">33,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">36,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">654</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">D(T)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">12,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">36,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">38,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">477</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">D(T)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">12,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">38,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">649</p></default:td></default:tr></default:tbody></default:table></foreign></tblock><tblock class="table" ukl:Orientation="portrait"><num>Table 5</num><heading>Vehicles without road-friendly suspension with 3 axles</heading><foreign><default:table xmlns="http://www.w3.org/1999/xhtml"><default:colgroup><default:col span="1" style="width:18%"/><default:col span="1" style="width:16%"/><default:col span="1" style="width:16%"/><default:col span="1" style="width:16%"/><default:col span="1" style="width:16%"/><default:col span="1" style="width:18%"/></default:colgroup><default:thead><default:tr><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0"><i><b>Vehicle excise duty band</b></i></p></default:th><default:th colspan="2"><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0"><i><b>Plated gross weight of trailer</b></i></p></default:th><default:th colspan="2"><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0"><i><b>Total weight</b></i></p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0"><i><b>Rate</b></i></p></default:th></default:tr><default:tr><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">(1)</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">(2)</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">(3)</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">(4)</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">(5)</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">(6)</p></default:th></default:tr><default:tr><default:th/><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Exceeding (kgs)</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Not exceeding (kgs)</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Exceeding (kgs)</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Not exceeding (kgs)</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£</p></default:th></default:tr></default:thead><default:tbody><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">B(T)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">4,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">10,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">29,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">247</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">B(T)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">4,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">10,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">29,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">31,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">311</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">B(T)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">10,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">12,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">33,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">247</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">B(T)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">12,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">36,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">317</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">B(T)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">12,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">36,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">38,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">421</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">B(T)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">12,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">38,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">583</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">C(T)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">4,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">10,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">31,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">328</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">C(T)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">4,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">10,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">31,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">33,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">431</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">C(T)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">10,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">12,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">35,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">328</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">C(T)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">12,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">36,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">397</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">C(T)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">12,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">36,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">38,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">421</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">C(T)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">12,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">38,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">583</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">D(T)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">4,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">10,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">31,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">392</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">D(T)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">4,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">10,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">31,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">33,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">431</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">D(T)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">4,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">10,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">33,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">35,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">654</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">D(T)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">10,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">12,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">36,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">392</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">D(T)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">10,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">12,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">36,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">37,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">421</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">D(T)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">12,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">38,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">462</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">D(T)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">12,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">38,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">583</p></default:td></default:tr></default:tbody></default:table></foreign></tblock><tblock class="table" ukl:Orientation="portrait"><num>Table 6</num><heading>Vehicles without road-friendly suspension with 4 or more axles</heading><foreign><default:table xmlns="http://www.w3.org/1999/xhtml"><default:colgroup><default:col span="1" style="width:18%"/><default:col span="1" style="width:16%"/><default:col span="1" style="width:16%"/><default:col span="1" style="width:16%"/><default:col span="1" style="width:16%"/><default:col span="1" style="width:18%"/></default:colgroup><default:thead><default:tr><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0"><i><b>Vehicle excise duty band</b></i></p></default:th><default:th colspan="2"><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0"><i><b>Plated gross weight of trailer</b></i></p></default:th><default:th colspan="2"><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0"><i><b>Total weight</b></i></p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0"><i><b>Rate</b></i></p></default:th></default:tr><default:tr><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">(1)</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">(2)</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">(3)</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">(4)</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">(5)</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">(6)</p></default:th></default:tr><default:tr><default:th/><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Exceeding (kgs)</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Not exceeding (kgs)</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Exceeding (kgs)</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Not exceeding (kgs)</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£</p></default:th></default:tr></default:thead><default:tbody><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">B(T)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">4,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">12,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">35,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">247</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">B(T)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">12,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">317</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">C(T)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">4,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">12,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">37,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">328</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">C(T)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">12,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">397</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">D(T)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">4,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">10,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">36,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">392</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">D(T)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">4,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">10,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">36,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">37,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">477</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">D(T)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">10,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">12,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">39,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">392</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">D(T)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">12,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">462</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">E(T)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">4,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">10,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">38,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">575</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">E(T)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">4,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">10,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">38,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">649</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">E(T)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">10,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">12,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">575</p></default:td></default:tr></default:tbody></default:table></foreign></tblock></quotedStructure><inline name="appendText">.</inline></mod></p></content></subsection><subsection eId="section-94-2"><num>(2)</num><content><p><mod>In that paragraph, in sub-paragraph (7), for “£631” substitute <quotedText>“£654”</quotedText>.</mod></p></content></subsection><subsection eId="section-94-3"><num>(3)</num><content><p>The amendments made by this section have effect in relation to licences taken out on or after 1 April 2026.</p></content></subsection></section><section eId="section-95"><num>95</num><heading>Vehicle excise duty for vehicles with exceptional loads etc</heading><subsection eId="section-95-1"><num>(1)</num><intro><p>In—</p></intro><level class="para1" eId="section-95-1-a"><num>(a)</num><content><p>paragraph 6(2A)(a) of Schedule 1 to VERA 1994 (vehicles with exceptional loads),</p></content></level><level class="para1" eId="section-95-1-b"><num>(b)</num><content><p>paragraph 9(3) of that Schedule (rigid goods vehicle which has weight exceeding 44,000 kg and is not an island goods vehicle), and</p></content></level><level class="para1" eId="section-95-1-c"><num>(c)</num><content><p>paragraph 11(3) of that Schedule (tractive unit vehicle which has weight exceeding 44,000 kg and is not an island goods vehicle),</p></content></level><wrapUp><p><mod>for “£1,643” substitute <quotedText>“£1,703”</quotedText>.</mod></p></wrapUp></subsection><subsection eId="section-95-2"><num>(2)</num><content><p>The amendments made by this section have effect in relation to licences taken out on or after 1 April 2026.</p></content></subsection></section><section eId="section-96"><num>96</num><heading>Vehicle excise duty for haulage vehicles other than showman’s vehicles</heading><subsection eId="section-96-1"><num>(1)</num><content><p>In paragraph 7(3A) of Schedule 1 to VERA 1994 (which specifies the rate applicable to haulage vehicles other than showman’s vehicles), for £365” substitute “£380”.</p></content></subsection><subsection eId="section-96-2"><num>(2)</num><content><p>The amendment made by this section has effect in relation to licences taken out on or after 1 April 2026.</p></content></subsection></section><section eId="section-97"><num>97</num><heading>Vehicle excise duty: expensive car supplement</heading><subsection eId="section-97-1"><num>(1)</num><intro><p>In paragraph 1GE of Schedule 1 to VERA 1994 (rates for light passenger vehicles registered on or after 1 April 2017 with a price exceeding £40,000)—</p></intro><level class="para1" eId="section-97-1-a"><num>(a)</num><content><p><mod>in sub-paragraph (1)(a), for “£40,000” substitute <quotedText>“the applicable amount”</quotedText>, and</mod></p></content></level><level class="para1" eId="section-97-1-b"><num>(b)</num><content><p><mod>after sub-paragraph (1) insert—<quotedStructure startQuote="“" endQuote="”" uk:context="schedule" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="schedule" ukl:Format="double"><subparagraph><num>(1A)</num><intro><p>For the purposes of sub-paragraph (1) “the applicable amount” is—</p></intro><level class="para1"><num>(a)</num><content><p>in the case of a vehicle whose applicable CO2 emissions figure in grams per kilometre driven is zero, £50,000, and</p></content></level><level class="para1"><num>(b)</num><content><p>in any other case, £40,000.</p></content></level></subparagraph></quotedStructure></mod></p></content></level></subsection><subsection eId="section-97-2"><num>(2)</num><content><p>The amendments made by this section have effect in relation to any licence where the period for which the licence has effect begins on or after 1 April 2026 (whenever the licence is taken out).</p></content></subsection></section><section eId="section-98"><num>98</num><heading>Rates of HGV road user levy</heading><subsection eId="section-98-1"><num>(1)</num><content><p>Schedule 1 to the HGV Road User Levy Act 2013 (rates of the levy) is amended as follows.</p></content></subsection><subsection eId="section-98-2"><num>(2)</num><content><p><mod>In paragraph 5, for Table 1 substitute—<quotedStructure startQuote="“" endQuote="”" uk:context="schedule" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="schedule" ukl:Format="double"><tblock class="table" ukl:Orientation="portrait"><heading>TABLE 1: VEHICLES MEETING EURO 6 EMISSIONS STANDARDS — RATES FOR EACH BAND</heading><foreign><default:table xmlns="http://www.w3.org/1999/xhtml"><default:colgroup><default:col span="1" style="width:18%"/><default:col span="1" style="width:16%"/><default:col span="1" style="width:16%"/><default:col span="1" style="width:16%"/><default:col span="1" style="width:16%"/><default:col span="1" style="width:18%"/></default:colgroup><default:thead><default:tr><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Band</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Daily rate</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Weekly rate</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Monthly rate</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Half-yearly rate</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Yearly rate</p></default:th></default:tr></default:thead><default:tbody><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">A</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£3.22</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£8.05</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£16.10</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£96.60</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£161</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">B</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£7.74</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£19.35</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£38.70</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£232.20</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£387</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">C</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£9.67</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£30.95</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£61.90</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£371.40</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£619</p></default:td></default:tr></default:tbody></default:table></foreign></tblock></quotedStructure><inline name="appendText">.</inline></mod></p></content></subsection><subsection eId="section-98-3"><num>(3)</num><content><p><mod>In paragraph 5, for Table 1A substitute—<quotedStructure startQuote="“" endQuote="”" uk:context="schedule" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="schedule" ukl:Format="double"><tblock class="table" ukl:Orientation="portrait"><heading>TABLE 1A: VEHICLES NOT MEETING EURO 6 EMISSIONS STANDARDS — RATES FOR EACH BAND</heading><foreign><default:table xmlns="http://www.w3.org/1999/xhtml"><default:colgroup><default:col span="1" style="width:18%"/><default:col span="1" style="width:16%"/><default:col span="1" style="width:16%"/><default:col span="1" style="width:16%"/><default:col span="1" style="width:16%"/><default:col span="1" style="width:18%"/></default:colgroup><default:thead><default:tr><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Band</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Daily rate</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Weekly rate</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Monthly rate</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Half-yearly rate</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Yearly rate</p></default:th></default:tr></default:thead><default:tbody><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">A</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£4.18</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£10.45</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£20.90</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£125.40</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£209</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">B</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£10.06</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£25.15</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£50.30</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£301.80</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£503</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">C</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£10.74</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£40.20</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£80.40</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£482.40</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£804</p></default:td></default:tr></default:tbody></default:table></foreign></tblock></quotedStructure><inline name="appendText">.</inline></mod></p></content></subsection><subsection eId="section-98-4"><num>(4)</num><content><p>The amendments made by this section come into force on 1 April 2026.</p></content></subsection></section><section eId="section-99"><num>99</num><heading>Rates of air passenger duty</heading><subsection eId="section-99-1"><num>(1)</num><content><p>Section 30 of FA 1994 (air passenger duty: rates) is amended as follows.</p></content></subsection><subsection eId="section-99-2"><num>(2)</num><intro><p>In subsection (1B) (journeys ending in the United Kingdom)—</p></intro><level class="para1" eId="section-99-2-a"><num>(a)</num><content><p><mod>in paragraph (a), for “£8” substitute <quotedText>“£8.26”</quotedText>, and</mod></p></content></level><level class="para1" eId="section-99-2-b"><num>(b)</num><content><p><mod>in paragraph (b), for “£16” substitute <quotedText>“£16.52”</quotedText>.</mod></p></content></level></subsection><subsection eId="section-99-3"><num>(3)</num><intro><p>In subsection (2) (short-haul journeys)—</p></intro><level class="para1" eId="section-99-3-a"><num>(a)</num><content><p><mod>in paragraph (a), for “£15” substitute <quotedText>“£15.49”</quotedText>, and</mod></p></content></level><level class="para1" eId="section-99-3-b"><num>(b)</num><content><p><mod>in paragraph (b), for “£32” substitute <quotedText>“£33.04”</quotedText>.</mod></p></content></level></subsection><subsection eId="section-99-4"><num>(4)</num><intro><p>In subsection (2A) (long-haul journeys)—</p></intro><level class="para1" eId="section-99-4-a"><num>(a)</num><content><p><mod>in paragraph (a), for “£102” substitute <quotedText>“£105.33”</quotedText>, and</mod></p></content></level><level class="para1" eId="section-99-4-b"><num>(b)</num><content><p><mod>in paragraph (b), for “£244” substitute <quotedText>“£251.95”</quotedText>.</mod></p></content></level></subsection><subsection eId="section-99-5"><num>(5)</num><intro><p>In subsection (4A) (ultra-long haul journeys)—</p></intro><level class="para1" eId="section-99-5-a"><num>(a)</num><content><p><mod>in paragraph (a), for “£106” substitute <quotedText>“£109.46”</quotedText>, and</mod></p></content></level><level class="para1" eId="section-99-5-b"><num>(b)</num><content><p><mod>in paragraph (b), for “£253” substitute <quotedText>“£261.25”</quotedText>.</mod></p></content></level></subsection><subsection eId="section-99-6"><num>(6)</num><intro><p>In subsection (4E) (journeys on aircraft equipped to carry fewer than 19 passengers)—</p></intro><level class="para1" eId="section-99-6-a"><num>(a)</num><content><p><mod>in paragraph (za), for “£142” substitute <quotedText>“£146.63”</quotedText>,</mod></p></content></level><level class="para1" eId="section-99-6-b"><num>(b)</num><content><p><mod>in paragraph (a), for “£142” substitute <quotedText>“£146.63”</quotedText>,</mod></p></content></level><level class="para1" eId="section-99-6-c"><num>(c)</num><content><p><mod>in paragraph (aa), for “£1,097” substitute <quotedText>“£1132.76”</quotedText>, and</mod></p></content></level><level class="para1" eId="section-99-6-d"><num>(d)</num><content><p><mod>in paragraph (d), for “£1,141” substitute <quotedText>“£1178.20”</quotedText>.</mod></p></content></level></subsection><subsection eId="section-99-7"><num>(7)</num><content><p>The amendments made by this section have effect in relation to the carriage of passengers beginning on or after 1 April 2027.</p></content></subsection></section></hcontainer>
<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" xmlns:default="http://www.w3.org/1999/xhtml" eId="section-92"><num>92</num><heading>Vehicle excise duty for light passenger or light goods vehicles etc</heading><subsection eId="section-92-1"><num>(1)</num><content><p>Schedule 1 to VERA 1994 (annual rates of vehicle excise duty) is amended as follows.</p></content></subsection><subsection eId="section-92-2"><num>(2)</num><intro><p>In paragraph 1 (general rate)—</p></intro><level class="para1" eId="section-92-2-a"><num>(a)</num><content><p><mod>in sub-paragraph (2) (vehicle not covered elsewhere in Schedule with engine cylinder capacity exceeding 1,549cc), for “£360” substitute <quotedText>“£375”</quotedText>, and</mod></p></content></level><level class="para1" eId="section-92-2-b"><num>(b)</num><content><p><mod>in sub-paragraph (2A) (vehicle not covered elsewhere in Schedule with engine cylinder capacity not exceeding 1,549cc), for “£220” substitute <quotedText>“£230”</quotedText>.</mod></p></content></level></subsection><subsection eId="section-92-3"><num>(3)</num><content><p><mod>In paragraph 1B, for the Table substitute—<quotedStructure startQuote="“" endQuote="”" uk:context="schedule" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="schedule" ukl:Format="double"><tblock class="table" ukl:Orientation="portrait"><foreign><default:table xmlns="http://www.w3.org/1999/xhtml"><default:colgroup><default:col span="1" style="width:35%"/><default:col span="1" style="width:35%"/><default:col span="1" style="width:30%"/></default:colgroup><default:thead><default:tr><default:td colspan="2"><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">CO2 Emissions Figure</p></default:td></default:tr></default:thead><default:tbody><default:tr><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">(1)</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">(2)</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">(3)</p></default:th></default:tr><default:tr><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Exceeding or, in the first row, equal to or exceeding</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Not exceeding</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Rate</p></default:th></default:tr><default:tr><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">g/km</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">g/km</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£</p></default:th></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">0</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">100</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">20</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">100</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">110</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">20</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">110</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">120</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">35</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">120</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">130</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">170</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">130</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">140</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">200</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">140</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">150</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">225</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">150</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">165</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">275</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">165</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">175</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">325</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">175</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">185</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">360</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">185</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">200</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">410</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">200</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">225</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">445</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">225</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">255</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">760</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">255</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">—</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">790</p></default:td></default:tr></default:tbody></default:table></foreign></tblock></quotedStructure><inline name="appendText">.</inline></mod></p></content></subsection><subsection eId="section-92-4"><num>(4)</num><content><p><mod>In the sentence immediately following the Table in that paragraph, for the words from “as if” to the end substitute <quotedText>“as if, in column (3), in the last two rows, “445” were substituted for “760” and “790”.”</quotedText></mod></p></content></subsection><subsection eId="section-92-5"><num>(5)</num><content><p><mod>In paragraph 1GC, for Table 1 (vehicles other than higher rate diesel vehicles) substitute—<quotedStructure startQuote="“" endQuote="”" uk:context="schedule" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="schedule" ukl:Format="double"><tblock class="table" ukl:Orientation="portrait"><foreign><default:table xmlns="http://www.w3.org/1999/xhtml"><default:colgroup><default:col span="1" style="width:35%"/><default:col span="1" style="width:35%"/><default:col span="1" style="width:30%"/></default:colgroup><default:thead><default:tr><default:td colspan="2"><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">CO2 Emissions Figure</p></default:td></default:tr></default:thead><default:tbody><default:tr><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">(1)</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">(2)</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">(3)</p></default:th></default:tr><default:tr><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Exceeding or, in the first row, equal to</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Not exceeding</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0"> Rate</p></default:th></default:tr><default:tr><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">g/km</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">g/km</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£</p></default:th></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">0</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">0</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">10</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">0</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">50</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">115</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">50</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">75</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">135</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">75</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">90</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">280</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">90</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">100</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">365</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">100</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">110</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">405</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">110</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">130</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">455</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">130</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">150</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">560</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">150</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">170</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">1410</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">170</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">190</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">2270</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">190</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">225</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">3420</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">225</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">255</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">4850</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">255</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">—</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">5690</p></default:td></default:tr></default:tbody></default:table></foreign></tblock></quotedStructure><inline name="appendText">.</inline></mod></p></content></subsection><subsection eId="section-92-6"><num>(6)</num><content><p><mod>In that paragraph, for Table 2 (higher rate diesel vehicles) substitute—<quotedStructure startQuote="“" endQuote="”" uk:context="schedule" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="schedule" ukl:Format="double"><tblock class="table" ukl:Orientation="portrait"><foreign><default:table xmlns="http://www.w3.org/1999/xhtml"><default:colgroup><default:col span="1" style="width:35%"/><default:col span="1" style="width:35%"/><default:col span="1" style="width:30%"/></default:colgroup><default:thead><default:tr><default:td colspan="2"><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">CO2 Emissions Figure</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Rate</p></default:td></default:tr></default:thead><default:tbody><default:tr><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">(1)</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">(2)</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">(3)</p></default:th></default:tr><default:tr><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Exceeding or, in the first row, equal to or exceeding</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Not exceeding</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Rate</p></default:th></default:tr><default:tr><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">g/km</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">g/km</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£</p></default:th></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">0</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">50</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">135</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">50</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">75</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">280</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">75</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">90</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">365</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">90</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">100</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">405</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">100</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">110</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">455</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">110</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">130</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">560</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">130</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">150</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">1410</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">150</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">170</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">2270</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">170</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">190</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">3420</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">190</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">225</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">4850</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">225</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">255</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">5690</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">255</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">—</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">5690</p></default:td></default:tr></default:tbody></default:table></foreign></tblock></quotedStructure><inline name="appendText">.</inline></mod></p></content></subsection><subsection eId="section-92-7"><num>(7)</num><content><p><mod>In paragraph 1GD(1)(rates for any other licence for light passenger vehicles registered on or after 1 April 2017), for “£195” substitute <quotedText>“£200”</quotedText>.</mod></p></content></subsection><subsection eId="section-92-8"><num>(8)</num><content><p><mod>In paragraph 1GE(2) (rates for light passenger vehicles registered on or after 1 April 2017 with a price exceeding £40,000), for “£620” substitute <quotedText>“£640”</quotedText>.</mod></p></content></subsection><subsection eId="section-92-9"><num>(9)</num><content><p><mod>In paragraph 1J(a) (rates for light goods vehicles that are not pre-2007 or post-2008 lower emission vans), for “£345” substitute <quotedText>“£360”</quotedText>.</mod></p></content></subsection><subsection eId="section-92-10"><num>(10)</num><intro><p>In paragraph 2(1) (rates for motorcycles)—</p></intro><level class="para1" eId="section-92-10-a"><num>(a)</num><content><p><mod>in paragraph (a) (engine cylinder capacity not exceeding 150cc), for “£26” substitute <quotedText>“£27”</quotedText>,</mod></p></content></level><level class="para1" eId="section-92-10-b"><num>(b)</num><content><p><mod>in paragraph (b) (motorbicycles with engine cylinder capacity exceeding 150cc but not exceeding 400cc), for “£57” substitute <quotedText>“£59”</quotedText>,</mod></p></content></level><level class="para1" eId="section-92-10-c"><num>(c)</num><content><p><mod>in paragraph (c) (motorbicycles with engine cylinder capacity exceeding 400cc but not exceeding 600cc), for “£87” substitute <quotedText>“£90”</quotedText>, and</mod></p></content></level><level class="para1" eId="section-92-10-d"><num>(d)</num><content><p><mod>in paragraph (d) (other cases), for “£121” substitute <quotedText>“£125”</quotedText>.</mod></p></content></level></subsection><subsection eId="section-92-11"><num>(11)</num><content><p>The amendments made by this section have effect in relation to licences taken out on or after 1 April 2026.</p></content></subsection></section>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-92-1"><num>(1)</num><content><p>Schedule 1 to VERA 1994 (annual rates of vehicle excise duty) is amended as follows.</p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-92-2"><num>(2)</num><intro><p>In paragraph 1 (general rate)—</p></intro><level class="para1" eId="section-92-2-a"><num>(a)</num><content><p><mod>in sub-paragraph (2) (vehicle not covered elsewhere in Schedule with engine cylinder capacity exceeding 1,549cc), for “£360” substitute <quotedText>“£375”</quotedText>, and</mod></p></content></level><level class="para1" eId="section-92-2-b"><num>(b)</num><content><p><mod>in sub-paragraph (2A) (vehicle not covered elsewhere in Schedule with engine cylinder capacity not exceeding 1,549cc), for “£220” substitute <quotedText>“£230”</quotedText>.</mod></p></content></level></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-92-2-a"><num>(a)</num><content><p><mod>in sub-paragraph (2) (vehicle not covered elsewhere in Schedule with engine cylinder capacity exceeding 1,549cc), for “£360” substitute <quotedText>“£375”</quotedText>, and</mod></p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-92-2-b"><num>(b)</num><content><p><mod>in sub-paragraph (2A) (vehicle not covered elsewhere in Schedule with engine cylinder capacity not exceeding 1,549cc), for “£220” substitute <quotedText>“£230”</quotedText>.</mod></p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" xmlns:default="http://www.w3.org/1999/xhtml" eId="section-92-3"><num>(3)</num><content><p><mod>In paragraph 1B, for the Table substitute—<quotedStructure startQuote="“" endQuote="”" uk:context="schedule" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="schedule" ukl:Format="double"><tblock class="table" ukl:Orientation="portrait"><foreign><default:table xmlns="http://www.w3.org/1999/xhtml"><default:colgroup><default:col span="1" style="width:35%"/><default:col span="1" style="width:35%"/><default:col span="1" style="width:30%"/></default:colgroup><default:thead><default:tr><default:td colspan="2"><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">CO2 Emissions Figure</p></default:td></default:tr></default:thead><default:tbody><default:tr><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">(1)</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">(2)</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">(3)</p></default:th></default:tr><default:tr><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Exceeding or, in the first row, equal to or exceeding</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Not exceeding</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Rate</p></default:th></default:tr><default:tr><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">g/km</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">g/km</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£</p></default:th></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">0</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">100</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">20</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">100</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">110</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">20</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">110</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">120</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">35</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">120</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">130</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">170</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">130</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">140</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">200</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">140</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">150</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">225</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">150</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">165</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">275</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">165</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">175</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">325</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">175</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">185</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">360</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">185</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">200</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">410</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">200</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">225</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">445</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">225</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">255</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">760</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">255</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">—</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">790</p></default:td></default:tr></default:tbody></default:table></foreign></tblock></quotedStructure><inline name="appendText">.</inline></mod></p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-92-4"><num>(4)</num><content><p><mod>In the sentence immediately following the Table in that paragraph, for the words from “as if” to the end substitute <quotedText>“as if, in column (3), in the last two rows, “445” were substituted for “760” and “790”.”</quotedText></mod></p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" xmlns:default="http://www.w3.org/1999/xhtml" eId="section-92-5"><num>(5)</num><content><p><mod>In paragraph 1GC, for Table 1 (vehicles other than higher rate diesel vehicles) substitute—<quotedStructure startQuote="“" endQuote="”" uk:context="schedule" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="schedule" ukl:Format="double"><tblock class="table" ukl:Orientation="portrait"><foreign><default:table xmlns="http://www.w3.org/1999/xhtml"><default:colgroup><default:col span="1" style="width:35%"/><default:col span="1" style="width:35%"/><default:col span="1" style="width:30%"/></default:colgroup><default:thead><default:tr><default:td colspan="2"><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">CO2 Emissions Figure</p></default:td></default:tr></default:thead><default:tbody><default:tr><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">(1)</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">(2)</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">(3)</p></default:th></default:tr><default:tr><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Exceeding or, in the first row, equal to</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Not exceeding</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0"> Rate</p></default:th></default:tr><default:tr><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">g/km</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">g/km</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£</p></default:th></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">0</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">0</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">10</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">0</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">50</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">115</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">50</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">75</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">135</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">75</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">90</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">280</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">90</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">100</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">365</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">100</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">110</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">405</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">110</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">130</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">455</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">130</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">150</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">560</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">150</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">170</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">1410</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">170</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">190</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">2270</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">190</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">225</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">3420</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">225</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">255</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">4850</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">255</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">—</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">5690</p></default:td></default:tr></default:tbody></default:table></foreign></tblock></quotedStructure><inline name="appendText">.</inline></mod></p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" xmlns:default="http://www.w3.org/1999/xhtml" eId="section-92-6"><num>(6)</num><content><p><mod>In that paragraph, for Table 2 (higher rate diesel vehicles) substitute—<quotedStructure startQuote="“" endQuote="”" uk:context="schedule" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="schedule" ukl:Format="double"><tblock class="table" ukl:Orientation="portrait"><foreign><default:table xmlns="http://www.w3.org/1999/xhtml"><default:colgroup><default:col span="1" style="width:35%"/><default:col span="1" style="width:35%"/><default:col span="1" style="width:30%"/></default:colgroup><default:thead><default:tr><default:td colspan="2"><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">CO2 Emissions Figure</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Rate</p></default:td></default:tr></default:thead><default:tbody><default:tr><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">(1)</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">(2)</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">(3)</p></default:th></default:tr><default:tr><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Exceeding or, in the first row, equal to or exceeding</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Not exceeding</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Rate</p></default:th></default:tr><default:tr><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">g/km</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">g/km</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£</p></default:th></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">0</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">50</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">135</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">50</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">75</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">280</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">75</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">90</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">365</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">90</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">100</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">405</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">100</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">110</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">455</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">110</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">130</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">560</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">130</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">150</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">1410</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">150</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">170</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">2270</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">170</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">190</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">3420</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">190</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">225</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">4850</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">225</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">255</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">5690</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">255</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">—</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">5690</p></default:td></default:tr></default:tbody></default:table></foreign></tblock></quotedStructure><inline name="appendText">.</inline></mod></p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-92-7"><num>(7)</num><content><p><mod>In paragraph 1GD(1)(rates for any other licence for light passenger vehicles registered on or after 1 April 2017), for “£195” substitute <quotedText>“£200”</quotedText>.</mod></p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-92-8"><num>(8)</num><content><p><mod>In paragraph 1GE(2) (rates for light passenger vehicles registered on or after 1 April 2017 with a price exceeding £40,000), for “£620” substitute <quotedText>“£640”</quotedText>.</mod></p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-92-9"><num>(9)</num><content><p><mod>In paragraph 1J(a) (rates for light goods vehicles that are not pre-2007 or post-2008 lower emission vans), for “£345” substitute <quotedText>“£360”</quotedText>.</mod></p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-92-10"><num>(10)</num><intro><p>In paragraph 2(1) (rates for motorcycles)—</p></intro><level class="para1" eId="section-92-10-a"><num>(a)</num><content><p><mod>in paragraph (a) (engine cylinder capacity not exceeding 150cc), for “£26” substitute <quotedText>“£27”</quotedText>,</mod></p></content></level><level class="para1" eId="section-92-10-b"><num>(b)</num><content><p><mod>in paragraph (b) (motorbicycles with engine cylinder capacity exceeding 150cc but not exceeding 400cc), for “£57” substitute <quotedText>“£59”</quotedText>,</mod></p></content></level><level class="para1" eId="section-92-10-c"><num>(c)</num><content><p><mod>in paragraph (c) (motorbicycles with engine cylinder capacity exceeding 400cc but not exceeding 600cc), for “£87” substitute <quotedText>“£90”</quotedText>, and</mod></p></content></level><level class="para1" eId="section-92-10-d"><num>(d)</num><content><p><mod>in paragraph (d) (other cases), for “£121” substitute <quotedText>“£125”</quotedText>.</mod></p></content></level></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-92-10-a"><num>(a)</num><content><p><mod>in paragraph (a) (engine cylinder capacity not exceeding 150cc), for “£26” substitute <quotedText>“£27”</quotedText>,</mod></p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-92-10-b"><num>(b)</num><content><p><mod>in paragraph (b) (motorbicycles with engine cylinder capacity exceeding 150cc but not exceeding 400cc), for “£57” substitute <quotedText>“£59”</quotedText>,</mod></p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-92-10-c"><num>(c)</num><content><p><mod>in paragraph (c) (motorbicycles with engine cylinder capacity exceeding 400cc but not exceeding 600cc), for “£87” substitute <quotedText>“£90”</quotedText>, and</mod></p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-92-10-d"><num>(d)</num><content><p><mod>in paragraph (d) (other cases), for “£121” substitute <quotedText>“£125”</quotedText>.</mod></p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-92-11"><num>(11)</num><content><p>The amendments made by this section have effect in relation to licences taken out on or after 1 April 2026.</p></content></subsection>
<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" xmlns:default="http://www.w3.org/1999/xhtml" eId="section-93"><num>93</num><heading>Vehicle excise duty for rigid goods vehicles without trailers and tractive units</heading><subsection eId="section-93-1"><num>(1)</num><content><p>Schedule 1 to VERA 1994 (annual rates of vehicle excise duty) is amended as follows.</p></content></subsection><subsection eId="section-93-2"><num>(2)</num><content><p><mod>In paragraph 9 (rigid goods vehicles exceeding 3,500 kgs revenue weight), for the table in sub-paragraph (1) substitute—<quotedStructure startQuote="“" endQuote="”" uk:context="schedule" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="schedule" ukl:Format="double"><tblock class="table" ukl:Orientation="portrait"><foreign><default:table xmlns="http://www.w3.org/1999/xhtml"><default:colgroup><default:col span="1" style="width:20%"/><default:col span="1" style="width:20%"/><default:col span="1" style="width:20%"/><default:col span="1" style="width:20%"/><default:col span="1" style="width:20%"/></default:colgroup><default:thead><default:tr><default:th colspan="2"><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0"><i><b>Revenue weight of vehicle</b></i></p></default:th><default:th colspan="3"><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0"><i><b>Rate</b></i></p></default:th></default:tr><default:tr><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">(1)</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">(2)</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">(3)</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">(4)</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">(5)</p></default:th></default:tr><default:tr><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Exceeding</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Not exceeding</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Two axle vehicle</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Three axle vehicle</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Four or more axle vehicle</p></default:th></default:tr><default:tr><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">kgs</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">kgs</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£</p></default:th></default:tr></default:thead><default:tbody><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">3,500</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">7,500</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">177</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">177</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">177</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">7,500</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">11,999</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">215</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">215</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">215</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">11,999</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">14,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">102</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">102</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">102</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">14,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">15,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">113</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">102</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">102</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">15,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">19,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">322</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">102</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">102</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">19,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">21,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">322</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">135</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">102</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">21,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">23,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">322</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">226</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">102</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">23,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">25,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">322</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">322</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">226</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">25,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">27,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">322</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">322</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">322</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">27,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">44,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">322</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">322</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">601</p></default:td></default:tr></default:tbody></default:table></foreign></tblock></quotedStructure><inline name="appendText">.</inline></mod></p></content></subsection><subsection eId="section-93-3"><num>(3)</num><content><p><mod>In paragraph 11(1) (tractive units), for Table 1 and Table 2 substitute—<quotedStructure startQuote="“" endQuote="”" uk:context="schedule" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="schedule" ukl:Format="double"><tblock class="table" ukl:Orientation="portrait"><num>Table 1</num><heading><inline name="smallCaps">Tractive unit with two axles</inline></heading><foreign><default:table xmlns="http://www.w3.org/1999/xhtml"><default:colgroup><default:col span="1" style="width:20%"/><default:col span="1" style="width:20%"/><default:col span="1" style="width:20%"/><default:col span="1" style="width:20%"/><default:col span="1" style="width:20%"/></default:colgroup><default:thead><default:tr><default:th colspan="2"><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Revenue weight of vehicle</p></default:th><default:th colspan="3"><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Rate</p></default:th></default:tr><default:tr><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">(1)</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">(2)</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">(3)</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">(4)</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">(5)</p></default:th></default:tr><default:tr><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Exceeding</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Not exceeding</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Any no of semi-trailer axles</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">2 or more semi-trailer axles</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">3 or more semi-trailer axles</p></default:th></default:tr><default:tr><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">kgs</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">kgs</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£</p></default:th></default:tr></default:thead><default:tbody><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">3,500</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">11,999</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">177</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">177</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">177</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">11,999</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">22,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">86</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">86</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">86</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">22,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">23,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">90</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">86</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">86</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">23,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">25,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">163</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">86</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">86</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">25,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">26,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">285</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">108</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">86</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">26,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">28,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">285</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">157</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">86</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">28,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">31,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">322</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">322</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">86</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">31,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">33,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">601</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">601</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">226</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">33,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">34,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">601</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">654</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">226</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">34,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">38,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">741</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">741</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">601</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">38,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">44,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">913</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">913</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">913</p></default:td></default:tr></default:tbody></default:table></foreign></tblock><tblock class="table" ukl:Orientation="portrait"><num>Table 2</num><heading><inline name="smallCaps">Tractive unit with three or more axles</inline></heading><foreign><default:table xmlns="http://www.w3.org/1999/xhtml"><default:colgroup><default:col span="1" style="width:20%"/><default:col span="1" style="width:20%"/><default:col span="1" style="width:20%"/><default:col span="1" style="width:20%"/><default:col span="1" style="width:20%"/></default:colgroup><default:thead><default:tr><default:th colspan="2"><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Revenue weight of vehicle</p></default:th><default:th colspan="3"><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Rate</p></default:th></default:tr></default:thead><default:tbody><default:tr><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">(1)</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">(2)</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">(3)</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">(4)</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">(5)</p></default:th></default:tr><default:tr><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Exceeding</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Not exceeding</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Any no of semi-trailer axles</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">2 or more semi-trailer axles</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">3 or more semi-trailer axles</p></default:th></default:tr><default:tr><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">kgs</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">kgs</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£</p></default:th></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">3,500</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">11,999</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">177</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">177</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">177</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">11,999</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">25,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">86</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">86</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">86</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">25,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">26,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">108</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">86</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">86</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">26,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">28,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">157</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">86</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">86</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">28,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">29,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">226</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">86</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">86</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">29,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">31,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">311</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">86</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">86</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">31,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">33,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">601</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">226</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">86</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">33,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">34,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">654</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">322</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">86</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">34,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">36,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">654</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">322</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">226</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">36,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">38,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">741</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">601</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">322</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">38,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">44,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">913</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">913</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">601</p></default:td></default:tr></default:tbody></default:table></foreign></tblock></quotedStructure><inline name="appendText">.</inline></mod></p></content></subsection><subsection eId="section-93-4"><num>(4)</num><content><p>The amendments made by this section have effect in relation to licences taken out on or after 1 April 2026.</p></content></subsection></section>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-93-1"><num>(1)</num><content><p>Schedule 1 to VERA 1994 (annual rates of vehicle excise duty) is amended as follows.</p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" xmlns:default="http://www.w3.org/1999/xhtml" eId="section-93-2"><num>(2)</num><content><p><mod>In paragraph 9 (rigid goods vehicles exceeding 3,500 kgs revenue weight), for the table in sub-paragraph (1) substitute—<quotedStructure startQuote="“" endQuote="”" uk:context="schedule" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="schedule" ukl:Format="double"><tblock class="table" ukl:Orientation="portrait"><foreign><default:table xmlns="http://www.w3.org/1999/xhtml"><default:colgroup><default:col span="1" style="width:20%"/><default:col span="1" style="width:20%"/><default:col span="1" style="width:20%"/><default:col span="1" style="width:20%"/><default:col span="1" style="width:20%"/></default:colgroup><default:thead><default:tr><default:th colspan="2"><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0"><i><b>Revenue weight of vehicle</b></i></p></default:th><default:th colspan="3"><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0"><i><b>Rate</b></i></p></default:th></default:tr><default:tr><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">(1)</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">(2)</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">(3)</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">(4)</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">(5)</p></default:th></default:tr><default:tr><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Exceeding</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Not exceeding</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Two axle vehicle</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Three axle vehicle</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Four or more axle vehicle</p></default:th></default:tr><default:tr><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">kgs</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">kgs</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£</p></default:th></default:tr></default:thead><default:tbody><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">3,500</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">7,500</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">177</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">177</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">177</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">7,500</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">11,999</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">215</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">215</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">215</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">11,999</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">14,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">102</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">102</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">102</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">14,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">15,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">113</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">102</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">102</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">15,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">19,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">322</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">102</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">102</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">19,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">21,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">322</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">135</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">102</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">21,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">23,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">322</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">226</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">102</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">23,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">25,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">322</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">322</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">226</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">25,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">27,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">322</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">322</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">322</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">27,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">44,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">322</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">322</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">601</p></default:td></default:tr></default:tbody></default:table></foreign></tblock></quotedStructure><inline name="appendText">.</inline></mod></p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" xmlns:default="http://www.w3.org/1999/xhtml" eId="section-93-3"><num>(3)</num><content><p><mod>In paragraph 11(1) (tractive units), for Table 1 and Table 2 substitute—<quotedStructure startQuote="“" endQuote="”" uk:context="schedule" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="schedule" ukl:Format="double"><tblock class="table" ukl:Orientation="portrait"><num>Table 1</num><heading><inline name="smallCaps">Tractive unit with two axles</inline></heading><foreign><default:table xmlns="http://www.w3.org/1999/xhtml"><default:colgroup><default:col span="1" style="width:20%"/><default:col span="1" style="width:20%"/><default:col span="1" style="width:20%"/><default:col span="1" style="width:20%"/><default:col span="1" style="width:20%"/></default:colgroup><default:thead><default:tr><default:th colspan="2"><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Revenue weight of vehicle</p></default:th><default:th colspan="3"><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Rate</p></default:th></default:tr><default:tr><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">(1)</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">(2)</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">(3)</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">(4)</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">(5)</p></default:th></default:tr><default:tr><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Exceeding</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Not exceeding</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Any no of semi-trailer axles</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">2 or more semi-trailer axles</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">3 or more semi-trailer axles</p></default:th></default:tr><default:tr><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">kgs</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">kgs</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£</p></default:th></default:tr></default:thead><default:tbody><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">3,500</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">11,999</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">177</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">177</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">177</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">11,999</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">22,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">86</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">86</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">86</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">22,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">23,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">90</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">86</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">86</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">23,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">25,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">163</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">86</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">86</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">25,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">26,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">285</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">108</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">86</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">26,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">28,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">285</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">157</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">86</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">28,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">31,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">322</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">322</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">86</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">31,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">33,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">601</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">601</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">226</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">33,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">34,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">601</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">654</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">226</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">34,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">38,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">741</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">741</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">601</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">38,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">44,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">913</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">913</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">913</p></default:td></default:tr></default:tbody></default:table></foreign></tblock><tblock class="table" ukl:Orientation="portrait"><num>Table 2</num><heading><inline name="smallCaps">Tractive unit with three or more axles</inline></heading><foreign><default:table xmlns="http://www.w3.org/1999/xhtml"><default:colgroup><default:col span="1" style="width:20%"/><default:col span="1" style="width:20%"/><default:col span="1" style="width:20%"/><default:col span="1" style="width:20%"/><default:col span="1" style="width:20%"/></default:colgroup><default:thead><default:tr><default:th colspan="2"><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Revenue weight of vehicle</p></default:th><default:th colspan="3"><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Rate</p></default:th></default:tr></default:thead><default:tbody><default:tr><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">(1)</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">(2)</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">(3)</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">(4)</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">(5)</p></default:th></default:tr><default:tr><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Exceeding</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Not exceeding</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Any no of semi-trailer axles</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">2 or more semi-trailer axles</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">3 or more semi-trailer axles</p></default:th></default:tr><default:tr><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">kgs</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">kgs</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£</p></default:th></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">3,500</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">11,999</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">177</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">177</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">177</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">11,999</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">25,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">86</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">86</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">86</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">25,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">26,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">108</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">86</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">86</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">26,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">28,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">157</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">86</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">86</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">28,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">29,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">226</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">86</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">86</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">29,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">31,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">311</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">86</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">86</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">31,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">33,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">601</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">226</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">86</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">33,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">34,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">654</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">322</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">86</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">34,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">36,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">654</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">322</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">226</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">36,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">38,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">741</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">601</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">322</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">38,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">44,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">913</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">913</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">601</p></default:td></default:tr></default:tbody></default:table></foreign></tblock></quotedStructure><inline name="appendText">.</inline></mod></p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-93-4"><num>(4)</num><content><p>The amendments made by this section have effect in relation to licences taken out on or after 1 April 2026.</p></content></subsection>
<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" xmlns:default="http://www.w3.org/1999/xhtml" eId="section-94"><num>94</num><heading>Vehicle excise duty for rigid goods vehicles with trailers</heading><subsection eId="section-94-1"><num>(1)</num><content><p><mod>In paragraph 10 of Schedule 1 to VERA 1994 (supplement to annual rate of duty for rigid goods vehicles with trailers), in sub-paragraph (6), for the Tables 1 to 6 substitute—<quotedStructure startQuote="“" endQuote="”" uk:context="schedule" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="schedule" ukl:Format="double"><tblock class="table" ukl:Orientation="portrait"><num>Table 1</num><heading>Vehicles with road-friendly suspension and 2 axles</heading><foreign><default:table xmlns="http://www.w3.org/1999/xhtml"><default:colgroup><default:col span="1" style="width:18%"/><default:col span="1" style="width:16%"/><default:col span="1" style="width:16%"/><default:col span="1" style="width:16%"/><default:col span="1" style="width:16%"/><default:col span="1" style="width:18%"/></default:colgroup><default:thead><default:tr><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0"><i><b>Vehicle excise duty band</b></i></p></default:th><default:th colspan="2"><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0"><i><b>Plated gross weight of trailer</b></i></p></default:th><default:th colspan="2"><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0"><i><b>Total weight</b></i></p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0"><i><b>Rate</b></i></p></default:th></default:tr><default:tr><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">(1)</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">(2)</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">(3)</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">(4)</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">(5)</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">(6)</p></default:th></default:tr><default:tr><default:th/><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Exceeding (kgs)</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Not exceeding (kgs)</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Exceeding (kgs)</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Not exceeding (kgs)</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£</p></default:th></default:tr></default:thead><default:tbody><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">B(T)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">4,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">12,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">27,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">247</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">B(T)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">12,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">33,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">317</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">B(T)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">12,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">33,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">36,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">431</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">B(T)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">12,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">36,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">38,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">343</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">B(T)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">12,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">38,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">477</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">D(T)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">4,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">12,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">30,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">392</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">D(T)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">12,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">38,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">462</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">D(T)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">12,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">38,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">477</p></default:td></default:tr></default:tbody></default:table></foreign></tblock><tblock class="table" ukl:Orientation="portrait"><num>Table 2</num><heading>Vehicles with road-friendly suspension and 3 axles</heading><foreign><default:table xmlns="http://www.w3.org/1999/xhtml"><default:colgroup><default:col span="1" style="width:18%"/><default:col span="1" style="width:16%"/><default:col span="1" style="width:16%"/><default:col span="1" style="width:16%"/><default:col span="1" style="width:16%"/><default:col span="1" style="width:18%"/></default:colgroup><default:thead><default:tr><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0"><i><b>Vehicle excise duty band</b></i></p></default:th><default:th colspan="2"><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0"><i><b>Plated gross weight of trailer</b></i></p></default:th><default:th colspan="2"><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0"><i><b>Total weight</b></i></p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0"><i><b>Rate</b></i></p></default:th></default:tr><default:tr><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">(1)</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">(2)</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">(3)</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">(4)</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">(5)</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">(6)</p></default:th></default:tr><default:tr><default:th/><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Exceeding (kgs)</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Not exceeding (kgs)</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Exceeding (kgs)</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Not exceeding (kgs)</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£</p></default:th></default:tr></default:thead><default:tbody><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">B(T)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">4,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">12,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">33,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">247</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">B(T)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">12,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">38,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">317</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">B(T)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">12,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">38,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">40,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">421</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">B(T)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">12,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">40,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">317</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">C(T)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">4,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">12,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">35,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">328</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">C(T)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">12,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">38,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">397</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">C(T)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">12,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">38,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">40,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">421</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">C(T)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">12,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">40,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">397</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">D(T)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">4,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">10,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">33,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">392</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">D(T)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">4,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">10,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">33,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">36,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">431</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">D(T)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">10,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">12,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">38,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">392</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">D(T)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">12,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">462</p></default:td></default:tr></default:tbody></default:table></foreign></tblock><tblock class="table" ukl:Orientation="portrait"><num>Table 3</num><heading>Vehicles with road-friendly suspension and 4 or more axles</heading><foreign><default:table xmlns="http://www.w3.org/1999/xhtml"><default:colgroup><default:col span="1" style="width:18%"/><default:col span="1" style="width:16%"/><default:col span="1" style="width:16%"/><default:col span="1" style="width:16%"/><default:col span="1" style="width:16%"/><default:col span="1" style="width:18%"/></default:colgroup><default:thead><default:tr><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0"><i><b>Vehicle excise duty band</b></i></p></default:th><default:th colspan="2"><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0"><i><b>Plated gross weight of trailer</b></i></p></default:th><default:th colspan="2"><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0"><i><b>Total weight</b></i></p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0"><i><b>Rate</b></i></p></default:th></default:tr><default:tr><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">(1)</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">(2)</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">(3)</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">(4)</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">(5)</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">(6)</p></default:th></default:tr><default:tr><default:th/><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Exceeding (kgs)</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Not exceeding (kgs)</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Exceeding (kgs)</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Not exceeding (kgs)</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£</p></default:th></default:tr></default:thead><default:tbody><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">B(T)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">4,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">12,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">35,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">247</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">B(T)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">12,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">317</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">C(T)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">4,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">12,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">37,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">328</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">C(T)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">12,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">397</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">D(T)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">4,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">12,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">39,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">392</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">D(T)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">12,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">462</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">E(T)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">4,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">12,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">575</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">E(T)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">12,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">645</p></default:td></default:tr></default:tbody></default:table></foreign></tblock><tblock class="table" ukl:Orientation="portrait"><num>Table 4</num><heading>Vehicles without road-friendly suspension with 2 axles</heading><foreign><default:table xmlns="http://www.w3.org/1999/xhtml"><default:colgroup><default:col span="1" style="width:18%"/><default:col span="1" style="width:16%"/><default:col span="1" style="width:16%"/><default:col span="1" style="width:16%"/><default:col span="1" style="width:16%"/><default:col span="1" style="width:18%"/></default:colgroup><default:thead><default:tr><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0"><i><b>Vehicle excise duty band</b></i></p></default:th><default:th colspan="2"><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0"><i><b>Plated gross weight of trailer</b></i></p></default:th><default:th colspan="2"><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0"><i><b>Total weight</b></i></p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0"><i><b>Rate</b></i></p></default:th></default:tr><default:tr><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">(1)</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">(2)</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">(3)</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">(4)</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">(5)</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">(6)</p></default:th></default:tr><default:tr><default:th/><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Exceeding (kgs)</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Not exceeding (kgs)</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Exceeding (kgs)</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Not exceeding (kgs)</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£</p></default:th></default:tr></default:thead><default:tbody><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">B(T)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">4,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">12,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">27,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">247</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">B(T)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">12,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">31,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">317</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">B(T)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">12,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">31,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">33,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">431</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">B(T)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">12,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">33,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">36,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">654</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">B(T)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">12,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">36,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">38,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">477</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">B(T)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">12,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">38,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">649</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">D(T)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">4,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">12,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">30,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">392</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">D(T)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">12,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">33,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">462</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">D(T)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">12,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">33,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">36,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">654</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">D(T)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">12,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">36,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">38,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">477</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">D(T)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">12,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">38,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">649</p></default:td></default:tr></default:tbody></default:table></foreign></tblock><tblock class="table" ukl:Orientation="portrait"><num>Table 5</num><heading>Vehicles without road-friendly suspension with 3 axles</heading><foreign><default:table xmlns="http://www.w3.org/1999/xhtml"><default:colgroup><default:col span="1" style="width:18%"/><default:col span="1" style="width:16%"/><default:col span="1" style="width:16%"/><default:col span="1" style="width:16%"/><default:col span="1" style="width:16%"/><default:col span="1" style="width:18%"/></default:colgroup><default:thead><default:tr><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0"><i><b>Vehicle excise duty band</b></i></p></default:th><default:th colspan="2"><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0"><i><b>Plated gross weight of trailer</b></i></p></default:th><default:th colspan="2"><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0"><i><b>Total weight</b></i></p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0"><i><b>Rate</b></i></p></default:th></default:tr><default:tr><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">(1)</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">(2)</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">(3)</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">(4)</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">(5)</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">(6)</p></default:th></default:tr><default:tr><default:th/><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Exceeding (kgs)</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Not exceeding (kgs)</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Exceeding (kgs)</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Not exceeding (kgs)</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£</p></default:th></default:tr></default:thead><default:tbody><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">B(T)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">4,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">10,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">29,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">247</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">B(T)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">4,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">10,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">29,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">31,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">311</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">B(T)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">10,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">12,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">33,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">247</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">B(T)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">12,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">36,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">317</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">B(T)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">12,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">36,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">38,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">421</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">B(T)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">12,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">38,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">583</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">C(T)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">4,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">10,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">31,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">328</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">C(T)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">4,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">10,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">31,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">33,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">431</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">C(T)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">10,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">12,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">35,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">328</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">C(T)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">12,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">36,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">397</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">C(T)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">12,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">36,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">38,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">421</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">C(T)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">12,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">38,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">583</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">D(T)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">4,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">10,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">31,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">392</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">D(T)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">4,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">10,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">31,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">33,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">431</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">D(T)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">4,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">10,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">33,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">35,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">654</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">D(T)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">10,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">12,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">36,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">392</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">D(T)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">10,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">12,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">36,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">37,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">421</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">D(T)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">12,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">38,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">462</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">D(T)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">12,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">38,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">583</p></default:td></default:tr></default:tbody></default:table></foreign></tblock><tblock class="table" ukl:Orientation="portrait"><num>Table 6</num><heading>Vehicles without road-friendly suspension with 4 or more axles</heading><foreign><default:table xmlns="http://www.w3.org/1999/xhtml"><default:colgroup><default:col span="1" style="width:18%"/><default:col span="1" style="width:16%"/><default:col span="1" style="width:16%"/><default:col span="1" style="width:16%"/><default:col span="1" style="width:16%"/><default:col span="1" style="width:18%"/></default:colgroup><default:thead><default:tr><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0"><i><b>Vehicle excise duty band</b></i></p></default:th><default:th colspan="2"><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0"><i><b>Plated gross weight of trailer</b></i></p></default:th><default:th colspan="2"><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0"><i><b>Total weight</b></i></p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0"><i><b>Rate</b></i></p></default:th></default:tr><default:tr><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">(1)</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">(2)</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">(3)</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">(4)</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">(5)</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">(6)</p></default:th></default:tr><default:tr><default:th/><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Exceeding (kgs)</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Not exceeding (kgs)</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Exceeding (kgs)</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Not exceeding (kgs)</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£</p></default:th></default:tr></default:thead><default:tbody><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">B(T)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">4,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">12,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">35,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">247</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">B(T)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">12,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">317</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">C(T)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">4,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">12,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">37,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">328</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">C(T)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">12,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">397</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">D(T)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">4,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">10,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">36,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">392</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">D(T)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">4,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">10,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">36,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">37,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">477</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">D(T)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">10,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">12,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">39,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">392</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">D(T)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">12,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">462</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">E(T)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">4,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">10,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">38,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">575</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">E(T)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">4,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">10,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">38,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">649</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">E(T)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">10,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">12,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">575</p></default:td></default:tr></default:tbody></default:table></foreign></tblock></quotedStructure><inline name="appendText">.</inline></mod></p></content></subsection><subsection eId="section-94-2"><num>(2)</num><content><p><mod>In that paragraph, in sub-paragraph (7), for “£631” substitute <quotedText>“£654”</quotedText>.</mod></p></content></subsection><subsection eId="section-94-3"><num>(3)</num><content><p>The amendments made by this section have effect in relation to licences taken out on or after 1 April 2026.</p></content></subsection></section>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" xmlns:default="http://www.w3.org/1999/xhtml" eId="section-94-1"><num>(1)</num><content><p><mod>In paragraph 10 of Schedule 1 to VERA 1994 (supplement to annual rate of duty for rigid goods vehicles with trailers), in sub-paragraph (6), for the Tables 1 to 6 substitute—<quotedStructure startQuote="“" endQuote="”" uk:context="schedule" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="schedule" ukl:Format="double"><tblock class="table" ukl:Orientation="portrait"><num>Table 1</num><heading>Vehicles with road-friendly suspension and 2 axles</heading><foreign><default:table xmlns="http://www.w3.org/1999/xhtml"><default:colgroup><default:col span="1" style="width:18%"/><default:col span="1" style="width:16%"/><default:col span="1" style="width:16%"/><default:col span="1" style="width:16%"/><default:col span="1" style="width:16%"/><default:col span="1" style="width:18%"/></default:colgroup><default:thead><default:tr><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0"><i><b>Vehicle excise duty band</b></i></p></default:th><default:th colspan="2"><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0"><i><b>Plated gross weight of trailer</b></i></p></default:th><default:th colspan="2"><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0"><i><b>Total weight</b></i></p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0"><i><b>Rate</b></i></p></default:th></default:tr><default:tr><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">(1)</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">(2)</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">(3)</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">(4)</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">(5)</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">(6)</p></default:th></default:tr><default:tr><default:th/><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Exceeding (kgs)</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Not exceeding (kgs)</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Exceeding (kgs)</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Not exceeding (kgs)</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£</p></default:th></default:tr></default:thead><default:tbody><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">B(T)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">4,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">12,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">27,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">247</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">B(T)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">12,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">33,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">317</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">B(T)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">12,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">33,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">36,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">431</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">B(T)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">12,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">36,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">38,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">343</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">B(T)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">12,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">38,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">477</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">D(T)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">4,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">12,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">30,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">392</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">D(T)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">12,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">38,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">462</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">D(T)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">12,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">38,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">477</p></default:td></default:tr></default:tbody></default:table></foreign></tblock><tblock class="table" ukl:Orientation="portrait"><num>Table 2</num><heading>Vehicles with road-friendly suspension and 3 axles</heading><foreign><default:table xmlns="http://www.w3.org/1999/xhtml"><default:colgroup><default:col span="1" style="width:18%"/><default:col span="1" style="width:16%"/><default:col span="1" style="width:16%"/><default:col span="1" style="width:16%"/><default:col span="1" style="width:16%"/><default:col span="1" style="width:18%"/></default:colgroup><default:thead><default:tr><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0"><i><b>Vehicle excise duty band</b></i></p></default:th><default:th colspan="2"><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0"><i><b>Plated gross weight of trailer</b></i></p></default:th><default:th colspan="2"><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0"><i><b>Total weight</b></i></p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0"><i><b>Rate</b></i></p></default:th></default:tr><default:tr><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">(1)</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">(2)</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">(3)</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">(4)</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">(5)</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">(6)</p></default:th></default:tr><default:tr><default:th/><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Exceeding (kgs)</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Not exceeding (kgs)</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Exceeding (kgs)</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Not exceeding (kgs)</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£</p></default:th></default:tr></default:thead><default:tbody><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">B(T)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">4,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">12,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">33,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">247</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">B(T)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">12,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">38,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">317</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">B(T)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">12,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">38,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">40,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">421</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">B(T)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">12,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">40,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">317</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">C(T)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">4,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">12,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">35,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">328</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">C(T)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">12,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">38,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">397</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">C(T)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">12,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">38,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">40,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">421</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">C(T)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">12,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">40,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">397</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">D(T)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">4,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">10,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">33,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">392</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">D(T)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">4,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">10,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">33,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">36,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">431</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">D(T)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">10,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">12,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">38,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">392</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">D(T)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">12,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">462</p></default:td></default:tr></default:tbody></default:table></foreign></tblock><tblock class="table" ukl:Orientation="portrait"><num>Table 3</num><heading>Vehicles with road-friendly suspension and 4 or more axles</heading><foreign><default:table xmlns="http://www.w3.org/1999/xhtml"><default:colgroup><default:col span="1" style="width:18%"/><default:col span="1" style="width:16%"/><default:col span="1" style="width:16%"/><default:col span="1" style="width:16%"/><default:col span="1" style="width:16%"/><default:col span="1" style="width:18%"/></default:colgroup><default:thead><default:tr><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0"><i><b>Vehicle excise duty band</b></i></p></default:th><default:th colspan="2"><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0"><i><b>Plated gross weight of trailer</b></i></p></default:th><default:th colspan="2"><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0"><i><b>Total weight</b></i></p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0"><i><b>Rate</b></i></p></default:th></default:tr><default:tr><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">(1)</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">(2)</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">(3)</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">(4)</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">(5)</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">(6)</p></default:th></default:tr><default:tr><default:th/><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Exceeding (kgs)</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Not exceeding (kgs)</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Exceeding (kgs)</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Not exceeding (kgs)</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£</p></default:th></default:tr></default:thead><default:tbody><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">B(T)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">4,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">12,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">35,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">247</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">B(T)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">12,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">317</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">C(T)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">4,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">12,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">37,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">328</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">C(T)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">12,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">397</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">D(T)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">4,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">12,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">39,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">392</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">D(T)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">12,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">462</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">E(T)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">4,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">12,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">575</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">E(T)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">12,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">645</p></default:td></default:tr></default:tbody></default:table></foreign></tblock><tblock class="table" ukl:Orientation="portrait"><num>Table 4</num><heading>Vehicles without road-friendly suspension with 2 axles</heading><foreign><default:table xmlns="http://www.w3.org/1999/xhtml"><default:colgroup><default:col span="1" style="width:18%"/><default:col span="1" style="width:16%"/><default:col span="1" style="width:16%"/><default:col span="1" style="width:16%"/><default:col span="1" style="width:16%"/><default:col span="1" style="width:18%"/></default:colgroup><default:thead><default:tr><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0"><i><b>Vehicle excise duty band</b></i></p></default:th><default:th colspan="2"><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0"><i><b>Plated gross weight of trailer</b></i></p></default:th><default:th colspan="2"><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0"><i><b>Total weight</b></i></p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0"><i><b>Rate</b></i></p></default:th></default:tr><default:tr><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">(1)</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">(2)</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">(3)</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">(4)</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">(5)</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">(6)</p></default:th></default:tr><default:tr><default:th/><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Exceeding (kgs)</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Not exceeding (kgs)</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Exceeding (kgs)</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Not exceeding (kgs)</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£</p></default:th></default:tr></default:thead><default:tbody><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">B(T)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">4,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">12,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">27,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">247</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">B(T)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">12,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">31,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">317</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">B(T)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">12,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">31,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">33,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">431</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">B(T)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">12,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">33,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">36,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">654</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">B(T)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">12,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">36,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">38,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">477</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">B(T)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">12,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">38,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">649</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">D(T)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">4,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">12,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">30,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">392</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">D(T)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">12,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">33,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">462</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">D(T)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">12,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">33,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">36,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">654</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">D(T)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">12,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">36,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">38,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">477</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">D(T)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">12,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">38,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">649</p></default:td></default:tr></default:tbody></default:table></foreign></tblock><tblock class="table" ukl:Orientation="portrait"><num>Table 5</num><heading>Vehicles without road-friendly suspension with 3 axles</heading><foreign><default:table xmlns="http://www.w3.org/1999/xhtml"><default:colgroup><default:col span="1" style="width:18%"/><default:col span="1" style="width:16%"/><default:col span="1" style="width:16%"/><default:col span="1" style="width:16%"/><default:col span="1" style="width:16%"/><default:col span="1" style="width:18%"/></default:colgroup><default:thead><default:tr><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0"><i><b>Vehicle excise duty band</b></i></p></default:th><default:th colspan="2"><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0"><i><b>Plated gross weight of trailer</b></i></p></default:th><default:th colspan="2"><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0"><i><b>Total weight</b></i></p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0"><i><b>Rate</b></i></p></default:th></default:tr><default:tr><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">(1)</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">(2)</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">(3)</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">(4)</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">(5)</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">(6)</p></default:th></default:tr><default:tr><default:th/><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Exceeding (kgs)</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Not exceeding (kgs)</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Exceeding (kgs)</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Not exceeding (kgs)</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£</p></default:th></default:tr></default:thead><default:tbody><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">B(T)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">4,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">10,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">29,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">247</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">B(T)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">4,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">10,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">29,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">31,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">311</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">B(T)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">10,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">12,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">33,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">247</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">B(T)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">12,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">36,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">317</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">B(T)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">12,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">36,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">38,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">421</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">B(T)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">12,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">38,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">583</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">C(T)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">4,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">10,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">31,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">328</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">C(T)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">4,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">10,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">31,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">33,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">431</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">C(T)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">10,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">12,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">35,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">328</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">C(T)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">12,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">36,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">397</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">C(T)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">12,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">36,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">38,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">421</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">C(T)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">12,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">38,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">583</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">D(T)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">4,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">10,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">31,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">392</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">D(T)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">4,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">10,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">31,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">33,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">431</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">D(T)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">4,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">10,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">33,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">35,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">654</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">D(T)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">10,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">12,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">36,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">392</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">D(T)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">10,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">12,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">36,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">37,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">421</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">D(T)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">12,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">38,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">462</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">D(T)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">12,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">38,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">583</p></default:td></default:tr></default:tbody></default:table></foreign></tblock><tblock class="table" ukl:Orientation="portrait"><num>Table 6</num><heading>Vehicles without road-friendly suspension with 4 or more axles</heading><foreign><default:table xmlns="http://www.w3.org/1999/xhtml"><default:colgroup><default:col span="1" style="width:18%"/><default:col span="1" style="width:16%"/><default:col span="1" style="width:16%"/><default:col span="1" style="width:16%"/><default:col span="1" style="width:16%"/><default:col span="1" style="width:18%"/></default:colgroup><default:thead><default:tr><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0"><i><b>Vehicle excise duty band</b></i></p></default:th><default:th colspan="2"><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0"><i><b>Plated gross weight of trailer</b></i></p></default:th><default:th colspan="2"><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0"><i><b>Total weight</b></i></p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0"><i><b>Rate</b></i></p></default:th></default:tr><default:tr><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">(1)</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">(2)</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">(3)</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">(4)</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">(5)</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">(6)</p></default:th></default:tr><default:tr><default:th/><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Exceeding (kgs)</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Not exceeding (kgs)</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Exceeding (kgs)</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Not exceeding (kgs)</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£</p></default:th></default:tr></default:thead><default:tbody><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">B(T)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">4,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">12,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">35,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">247</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">B(T)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">12,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">317</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">C(T)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">4,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">12,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">37,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">328</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">C(T)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">12,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">397</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">D(T)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">4,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">10,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">36,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">392</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">D(T)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">4,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">10,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">36,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">37,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">477</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">D(T)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">10,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">12,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">39,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">392</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">D(T)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">12,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">462</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">E(T)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">4,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">10,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">38,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">575</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">E(T)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">4,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">10,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">38,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">649</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">E(T)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">10,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">12,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">-</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">575</p></default:td></default:tr></default:tbody></default:table></foreign></tblock></quotedStructure><inline name="appendText">.</inline></mod></p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-94-2"><num>(2)</num><content><p><mod>In that paragraph, in sub-paragraph (7), for “£631” substitute <quotedText>“£654”</quotedText>.</mod></p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-94-3"><num>(3)</num><content><p>The amendments made by this section have effect in relation to licences taken out on or after 1 April 2026.</p></content></subsection>
<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-95"><num>95</num><heading>Vehicle excise duty for vehicles with exceptional loads etc</heading><subsection eId="section-95-1"><num>(1)</num><intro><p>In—</p></intro><level class="para1" eId="section-95-1-a"><num>(a)</num><content><p>paragraph 6(2A)(a) of Schedule 1 to VERA 1994 (vehicles with exceptional loads),</p></content></level><level class="para1" eId="section-95-1-b"><num>(b)</num><content><p>paragraph 9(3) of that Schedule (rigid goods vehicle which has weight exceeding 44,000 kg and is not an island goods vehicle), and</p></content></level><level class="para1" eId="section-95-1-c"><num>(c)</num><content><p>paragraph 11(3) of that Schedule (tractive unit vehicle which has weight exceeding 44,000 kg and is not an island goods vehicle),</p></content></level><wrapUp><p><mod>for “£1,643” substitute <quotedText>“£1,703”</quotedText>.</mod></p></wrapUp></subsection><subsection eId="section-95-2"><num>(2)</num><content><p>The amendments made by this section have effect in relation to licences taken out on or after 1 April 2026.</p></content></subsection></section>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-95-1"><num>(1)</num><intro><p>In—</p></intro><level class="para1" eId="section-95-1-a"><num>(a)</num><content><p>paragraph 6(2A)(a) of Schedule 1 to VERA 1994 (vehicles with exceptional loads),</p></content></level><level class="para1" eId="section-95-1-b"><num>(b)</num><content><p>paragraph 9(3) of that Schedule (rigid goods vehicle which has weight exceeding 44,000 kg and is not an island goods vehicle), and</p></content></level><level class="para1" eId="section-95-1-c"><num>(c)</num><content><p>paragraph 11(3) of that Schedule (tractive unit vehicle which has weight exceeding 44,000 kg and is not an island goods vehicle),</p></content></level><wrapUp><p><mod>for “£1,643” substitute <quotedText>“£1,703”</quotedText>.</mod></p></wrapUp></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-95-1-a"><num>(a)</num><content><p>paragraph 6(2A)(a) of Schedule 1 to VERA 1994 (vehicles with exceptional loads),</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-95-1-b"><num>(b)</num><content><p>paragraph 9(3) of that Schedule (rigid goods vehicle which has weight exceeding 44,000 kg and is not an island goods vehicle), and</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-95-1-c"><num>(c)</num><content><p>paragraph 11(3) of that Schedule (tractive unit vehicle which has weight exceeding 44,000 kg and is not an island goods vehicle),</p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-95-2"><num>(2)</num><content><p>The amendments made by this section have effect in relation to licences taken out on or after 1 April 2026.</p></content></subsection>
<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-96"><num>96</num><heading>Vehicle excise duty for haulage vehicles other than showman’s vehicles</heading><subsection eId="section-96-1"><num>(1)</num><content><p>In paragraph 7(3A) of Schedule 1 to VERA 1994 (which specifies the rate applicable to haulage vehicles other than showman’s vehicles), for £365” substitute “£380”.</p></content></subsection><subsection eId="section-96-2"><num>(2)</num><content><p>The amendment made by this section has effect in relation to licences taken out on or after 1 April 2026.</p></content></subsection></section>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-96-1"><num>(1)</num><content><p>In paragraph 7(3A) of Schedule 1 to VERA 1994 (which specifies the rate applicable to haulage vehicles other than showman’s vehicles), for £365” substitute “£380”.</p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-96-2"><num>(2)</num><content><p>The amendment made by this section has effect in relation to licences taken out on or after 1 April 2026.</p></content></subsection>
<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="section-97"><num>97</num><heading>Vehicle excise duty: expensive car supplement</heading><subsection eId="section-97-1"><num>(1)</num><intro><p>In paragraph 1GE of Schedule 1 to VERA 1994 (rates for light passenger vehicles registered on or after 1 April 2017 with a price exceeding £40,000)—</p></intro><level class="para1" eId="section-97-1-a"><num>(a)</num><content><p><mod>in sub-paragraph (1)(a), for “£40,000” substitute <quotedText>“the applicable amount”</quotedText>, and</mod></p></content></level><level class="para1" eId="section-97-1-b"><num>(b)</num><content><p><mod>after sub-paragraph (1) insert—<quotedStructure startQuote="“" endQuote="”" uk:context="schedule" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="schedule" ukl:Format="double"><subparagraph><num>(1A)</num><intro><p>For the purposes of sub-paragraph (1) “the applicable amount” is—</p></intro><level class="para1"><num>(a)</num><content><p>in the case of a vehicle whose applicable CO2 emissions figure in grams per kilometre driven is zero, £50,000, and</p></content></level><level class="para1"><num>(b)</num><content><p>in any other case, £40,000.</p></content></level></subparagraph></quotedStructure></mod></p></content></level></subsection><subsection eId="section-97-2"><num>(2)</num><content><p>The amendments made by this section have effect in relation to any licence where the period for which the licence has effect begins on or after 1 April 2026 (whenever the licence is taken out).</p></content></subsection></section>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="section-97-1"><num>(1)</num><intro><p>In paragraph 1GE of Schedule 1 to VERA 1994 (rates for light passenger vehicles registered on or after 1 April 2017 with a price exceeding £40,000)—</p></intro><level class="para1" eId="section-97-1-a"><num>(a)</num><content><p><mod>in sub-paragraph (1)(a), for “£40,000” substitute <quotedText>“the applicable amount”</quotedText>, and</mod></p></content></level><level class="para1" eId="section-97-1-b"><num>(b)</num><content><p><mod>after sub-paragraph (1) insert—<quotedStructure startQuote="“" endQuote="”" uk:context="schedule" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="schedule" ukl:Format="double"><subparagraph><num>(1A)</num><intro><p>For the purposes of sub-paragraph (1) “the applicable amount” is—</p></intro><level class="para1"><num>(a)</num><content><p>in the case of a vehicle whose applicable CO2 emissions figure in grams per kilometre driven is zero, £50,000, and</p></content></level><level class="para1"><num>(b)</num><content><p>in any other case, £40,000.</p></content></level></subparagraph></quotedStructure></mod></p></content></level></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-97-1-a"><num>(a)</num><content><p><mod>in sub-paragraph (1)(a), for “£40,000” substitute <quotedText>“the applicable amount”</quotedText>, and</mod></p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" class="para1" eId="section-97-1-b"><num>(b)</num><content><p><mod>after sub-paragraph (1) insert—<quotedStructure startQuote="“" endQuote="”" uk:context="schedule" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="schedule" ukl:Format="double"><subparagraph><num>(1A)</num><intro><p>For the purposes of sub-paragraph (1) “the applicable amount” is—</p></intro><level class="para1"><num>(a)</num><content><p>in the case of a vehicle whose applicable CO2 emissions figure in grams per kilometre driven is zero, £50,000, and</p></content></level><level class="para1"><num>(b)</num><content><p>in any other case, £40,000.</p></content></level></subparagraph></quotedStructure></mod></p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-97-2"><num>(2)</num><content><p>The amendments made by this section have effect in relation to any licence where the period for which the licence has effect begins on or after 1 April 2026 (whenever the licence is taken out).</p></content></subsection>
<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" xmlns:default="http://www.w3.org/1999/xhtml" eId="section-98"><num>98</num><heading>Rates of HGV road user levy</heading><subsection eId="section-98-1"><num>(1)</num><content><p>Schedule 1 to the HGV Road User Levy Act 2013 (rates of the levy) is amended as follows.</p></content></subsection><subsection eId="section-98-2"><num>(2)</num><content><p><mod>In paragraph 5, for Table 1 substitute—<quotedStructure startQuote="“" endQuote="”" uk:context="schedule" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="schedule" ukl:Format="double"><tblock class="table" ukl:Orientation="portrait"><heading>TABLE 1: VEHICLES MEETING EURO 6 EMISSIONS STANDARDS — RATES FOR EACH BAND</heading><foreign><default:table xmlns="http://www.w3.org/1999/xhtml"><default:colgroup><default:col span="1" style="width:18%"/><default:col span="1" style="width:16%"/><default:col span="1" style="width:16%"/><default:col span="1" style="width:16%"/><default:col span="1" style="width:16%"/><default:col span="1" style="width:18%"/></default:colgroup><default:thead><default:tr><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Band</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Daily rate</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Weekly rate</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Monthly rate</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Half-yearly rate</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Yearly rate</p></default:th></default:tr></default:thead><default:tbody><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">A</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£3.22</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£8.05</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£16.10</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£96.60</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£161</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">B</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£7.74</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£19.35</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£38.70</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£232.20</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£387</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">C</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£9.67</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£30.95</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£61.90</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£371.40</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£619</p></default:td></default:tr></default:tbody></default:table></foreign></tblock></quotedStructure><inline name="appendText">.</inline></mod></p></content></subsection><subsection eId="section-98-3"><num>(3)</num><content><p><mod>In paragraph 5, for Table 1A substitute—<quotedStructure startQuote="“" endQuote="”" uk:context="schedule" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="schedule" ukl:Format="double"><tblock class="table" ukl:Orientation="portrait"><heading>TABLE 1A: VEHICLES NOT MEETING EURO 6 EMISSIONS STANDARDS — RATES FOR EACH BAND</heading><foreign><default:table xmlns="http://www.w3.org/1999/xhtml"><default:colgroup><default:col span="1" style="width:18%"/><default:col span="1" style="width:16%"/><default:col span="1" style="width:16%"/><default:col span="1" style="width:16%"/><default:col span="1" style="width:16%"/><default:col span="1" style="width:18%"/></default:colgroup><default:thead><default:tr><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Band</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Daily rate</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Weekly rate</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Monthly rate</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Half-yearly rate</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Yearly rate</p></default:th></default:tr></default:thead><default:tbody><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">A</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£4.18</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£10.45</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£20.90</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£125.40</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£209</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">B</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£10.06</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£25.15</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£50.30</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£301.80</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£503</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">C</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£10.74</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£40.20</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£80.40</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£482.40</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£804</p></default:td></default:tr></default:tbody></default:table></foreign></tblock></quotedStructure><inline name="appendText">.</inline></mod></p></content></subsection><subsection eId="section-98-4"><num>(4)</num><content><p>The amendments made by this section come into force on 1 April 2026.</p></content></subsection></section>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-98-1"><num>(1)</num><content><p>Schedule 1 to the HGV Road User Levy Act 2013 (rates of the levy) is amended as follows.</p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" xmlns:default="http://www.w3.org/1999/xhtml" eId="section-98-2"><num>(2)</num><content><p><mod>In paragraph 5, for Table 1 substitute—<quotedStructure startQuote="“" endQuote="”" uk:context="schedule" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="schedule" ukl:Format="double"><tblock class="table" ukl:Orientation="portrait"><heading>TABLE 1: VEHICLES MEETING EURO 6 EMISSIONS STANDARDS — RATES FOR EACH BAND</heading><foreign><default:table xmlns="http://www.w3.org/1999/xhtml"><default:colgroup><default:col span="1" style="width:18%"/><default:col span="1" style="width:16%"/><default:col span="1" style="width:16%"/><default:col span="1" style="width:16%"/><default:col span="1" style="width:16%"/><default:col span="1" style="width:18%"/></default:colgroup><default:thead><default:tr><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Band</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Daily rate</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Weekly rate</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Monthly rate</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Half-yearly rate</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Yearly rate</p></default:th></default:tr></default:thead><default:tbody><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">A</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£3.22</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£8.05</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£16.10</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£96.60</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£161</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">B</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£7.74</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£19.35</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£38.70</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£232.20</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£387</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">C</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£9.67</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£30.95</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£61.90</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£371.40</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£619</p></default:td></default:tr></default:tbody></default:table></foreign></tblock></quotedStructure><inline name="appendText">.</inline></mod></p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" xmlns:default="http://www.w3.org/1999/xhtml" eId="section-98-3"><num>(3)</num><content><p><mod>In paragraph 5, for Table 1A substitute—<quotedStructure startQuote="“" endQuote="”" uk:context="schedule" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="schedule" ukl:Format="double"><tblock class="table" ukl:Orientation="portrait"><heading>TABLE 1A: VEHICLES NOT MEETING EURO 6 EMISSIONS STANDARDS — RATES FOR EACH BAND</heading><foreign><default:table xmlns="http://www.w3.org/1999/xhtml"><default:colgroup><default:col span="1" style="width:18%"/><default:col span="1" style="width:16%"/><default:col span="1" style="width:16%"/><default:col span="1" style="width:16%"/><default:col span="1" style="width:16%"/><default:col span="1" style="width:18%"/></default:colgroup><default:thead><default:tr><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Band</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Daily rate</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Weekly rate</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Monthly rate</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Half-yearly rate</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Yearly rate</p></default:th></default:tr></default:thead><default:tbody><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">A</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£4.18</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£10.45</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£20.90</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£125.40</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£209</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">B</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£10.06</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£25.15</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£50.30</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£301.80</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£503</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">C</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£10.74</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£40.20</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£80.40</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£482.40</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£804</p></default:td></default:tr></default:tbody></default:table></foreign></tblock></quotedStructure><inline name="appendText">.</inline></mod></p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-98-4"><num>(4)</num><content><p>The amendments made by this section come into force on 1 April 2026.</p></content></subsection>
<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-99"><num>99</num><heading>Rates of air passenger duty</heading><subsection eId="section-99-1"><num>(1)</num><content><p>Section 30 of FA 1994 (air passenger duty: rates) is amended as follows.</p></content></subsection><subsection eId="section-99-2"><num>(2)</num><intro><p>In subsection (1B) (journeys ending in the United Kingdom)—</p></intro><level class="para1" eId="section-99-2-a"><num>(a)</num><content><p><mod>in paragraph (a), for “£8” substitute <quotedText>“£8.26”</quotedText>, and</mod></p></content></level><level class="para1" eId="section-99-2-b"><num>(b)</num><content><p><mod>in paragraph (b), for “£16” substitute <quotedText>“£16.52”</quotedText>.</mod></p></content></level></subsection><subsection eId="section-99-3"><num>(3)</num><intro><p>In subsection (2) (short-haul journeys)—</p></intro><level class="para1" eId="section-99-3-a"><num>(a)</num><content><p><mod>in paragraph (a), for “£15” substitute <quotedText>“£15.49”</quotedText>, and</mod></p></content></level><level class="para1" eId="section-99-3-b"><num>(b)</num><content><p><mod>in paragraph (b), for “£32” substitute <quotedText>“£33.04”</quotedText>.</mod></p></content></level></subsection><subsection eId="section-99-4"><num>(4)</num><intro><p>In subsection (2A) (long-haul journeys)—</p></intro><level class="para1" eId="section-99-4-a"><num>(a)</num><content><p><mod>in paragraph (a), for “£102” substitute <quotedText>“£105.33”</quotedText>, and</mod></p></content></level><level class="para1" eId="section-99-4-b"><num>(b)</num><content><p><mod>in paragraph (b), for “£244” substitute <quotedText>“£251.95”</quotedText>.</mod></p></content></level></subsection><subsection eId="section-99-5"><num>(5)</num><intro><p>In subsection (4A) (ultra-long haul journeys)—</p></intro><level class="para1" eId="section-99-5-a"><num>(a)</num><content><p><mod>in paragraph (a), for “£106” substitute <quotedText>“£109.46”</quotedText>, and</mod></p></content></level><level class="para1" eId="section-99-5-b"><num>(b)</num><content><p><mod>in paragraph (b), for “£253” substitute <quotedText>“£261.25”</quotedText>.</mod></p></content></level></subsection><subsection eId="section-99-6"><num>(6)</num><intro><p>In subsection (4E) (journeys on aircraft equipped to carry fewer than 19 passengers)—</p></intro><level class="para1" eId="section-99-6-a"><num>(a)</num><content><p><mod>in paragraph (za), for “£142” substitute <quotedText>“£146.63”</quotedText>,</mod></p></content></level><level class="para1" eId="section-99-6-b"><num>(b)</num><content><p><mod>in paragraph (a), for “£142” substitute <quotedText>“£146.63”</quotedText>,</mod></p></content></level><level class="para1" eId="section-99-6-c"><num>(c)</num><content><p><mod>in paragraph (aa), for “£1,097” substitute <quotedText>“£1132.76”</quotedText>, and</mod></p></content></level><level class="para1" eId="section-99-6-d"><num>(d)</num><content><p><mod>in paragraph (d), for “£1,141” substitute <quotedText>“£1178.20”</quotedText>.</mod></p></content></level></subsection><subsection eId="section-99-7"><num>(7)</num><content><p>The amendments made by this section have effect in relation to the carriage of passengers beginning on or after 1 April 2027.</p></content></subsection></section>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-99-1"><num>(1)</num><content><p>Section 30 of FA 1994 (air passenger duty: rates) is amended as follows.</p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-99-2"><num>(2)</num><intro><p>In subsection (1B) (journeys ending in the United Kingdom)—</p></intro><level class="para1" eId="section-99-2-a"><num>(a)</num><content><p><mod>in paragraph (a), for “£8” substitute <quotedText>“£8.26”</quotedText>, and</mod></p></content></level><level class="para1" eId="section-99-2-b"><num>(b)</num><content><p><mod>in paragraph (b), for “£16” substitute <quotedText>“£16.52”</quotedText>.</mod></p></content></level></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-99-2-a"><num>(a)</num><content><p><mod>in paragraph (a), for “£8” substitute <quotedText>“£8.26”</quotedText>, and</mod></p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-99-2-b"><num>(b)</num><content><p><mod>in paragraph (b), for “£16” substitute <quotedText>“£16.52”</quotedText>.</mod></p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-99-3"><num>(3)</num><intro><p>In subsection (2) (short-haul journeys)—</p></intro><level class="para1" eId="section-99-3-a"><num>(a)</num><content><p><mod>in paragraph (a), for “£15” substitute <quotedText>“£15.49”</quotedText>, and</mod></p></content></level><level class="para1" eId="section-99-3-b"><num>(b)</num><content><p><mod>in paragraph (b), for “£32” substitute <quotedText>“£33.04”</quotedText>.</mod></p></content></level></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-99-3-a"><num>(a)</num><content><p><mod>in paragraph (a), for “£15” substitute <quotedText>“£15.49”</quotedText>, and</mod></p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-99-3-b"><num>(b)</num><content><p><mod>in paragraph (b), for “£32” substitute <quotedText>“£33.04”</quotedText>.</mod></p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-99-4"><num>(4)</num><intro><p>In subsection (2A) (long-haul journeys)—</p></intro><level class="para1" eId="section-99-4-a"><num>(a)</num><content><p><mod>in paragraph (a), for “£102” substitute <quotedText>“£105.33”</quotedText>, and</mod></p></content></level><level class="para1" eId="section-99-4-b"><num>(b)</num><content><p><mod>in paragraph (b), for “£244” substitute <quotedText>“£251.95”</quotedText>.</mod></p></content></level></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-99-4-a"><num>(a)</num><content><p><mod>in paragraph (a), for “£102” substitute <quotedText>“£105.33”</quotedText>, and</mod></p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-99-4-b"><num>(b)</num><content><p><mod>in paragraph (b), for “£244” substitute <quotedText>“£251.95”</quotedText>.</mod></p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-99-5"><num>(5)</num><intro><p>In subsection (4A) (ultra-long haul journeys)—</p></intro><level class="para1" eId="section-99-5-a"><num>(a)</num><content><p><mod>in paragraph (a), for “£106” substitute <quotedText>“£109.46”</quotedText>, and</mod></p></content></level><level class="para1" eId="section-99-5-b"><num>(b)</num><content><p><mod>in paragraph (b), for “£253” substitute <quotedText>“£261.25”</quotedText>.</mod></p></content></level></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-99-5-a"><num>(a)</num><content><p><mod>in paragraph (a), for “£106” substitute <quotedText>“£109.46”</quotedText>, and</mod></p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-99-5-b"><num>(b)</num><content><p><mod>in paragraph (b), for “£253” substitute <quotedText>“£261.25”</quotedText>.</mod></p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-99-6"><num>(6)</num><intro><p>In subsection (4E) (journeys on aircraft equipped to carry fewer than 19 passengers)—</p></intro><level class="para1" eId="section-99-6-a"><num>(a)</num><content><p><mod>in paragraph (za), for “£142” substitute <quotedText>“£146.63”</quotedText>,</mod></p></content></level><level class="para1" eId="section-99-6-b"><num>(b)</num><content><p><mod>in paragraph (a), for “£142” substitute <quotedText>“£146.63”</quotedText>,</mod></p></content></level><level class="para1" eId="section-99-6-c"><num>(c)</num><content><p><mod>in paragraph (aa), for “£1,097” substitute <quotedText>“£1132.76”</quotedText>, and</mod></p></content></level><level class="para1" eId="section-99-6-d"><num>(d)</num><content><p><mod>in paragraph (d), for “£1,141” substitute <quotedText>“£1178.20”</quotedText>.</mod></p></content></level></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-99-6-a"><num>(a)</num><content><p><mod>in paragraph (za), for “£142” substitute <quotedText>“£146.63”</quotedText>,</mod></p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-99-6-b"><num>(b)</num><content><p><mod>in paragraph (a), for “£142” substitute <quotedText>“£146.63”</quotedText>,</mod></p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-99-6-c"><num>(c)</num><content><p><mod>in paragraph (aa), for “£1,097” substitute <quotedText>“£1132.76”</quotedText>, and</mod></p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-99-6-d"><num>(d)</num><content><p><mod>in paragraph (d), for “£1,141” substitute <quotedText>“£1178.20”</quotedText>.</mod></p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-99-7"><num>(7)</num><content><p>The amendments made by this section have effect in relation to the carriage of passengers beginning on or after 1 April 2027.</p></content></subsection>
<hcontainer xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:default="http://www.w3.org/1999/xhtml" name="crossheading" ukl:Name="Pblock" eId="part-3-crossheading-environmental-taxes"><heading>Environmental taxes</heading><section eId="section-100"><num>100</num><heading>Rates of climate change levy</heading><subsection eId="section-100-1"><num>(1)</num><content><p><mod>In paragraph 42(1) of Schedule 6 to FA 2000 (climate change levy: amount payable by way of levy), for the table substitute—<quotedStructure startQuote="“" endQuote="”" uk:context="schedule" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="schedule" ukl:Format="double"><tblock class="table" ukl:Orientation="portrait"><heading>TABLE</heading><foreign><default:table xmlns="http://www.w3.org/1999/xhtml"><default:colgroup><default:col span="1" style="width:50%"/><default:col span="1" style="width:50%"/></default:colgroup><default:thead><default:tr><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Taxable commodity supplied</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Rate at which levy payable if supply is not a reduced-rate supply</p></default:th></default:tr></default:thead><default:tbody><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Electricity</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£0.00827 per kilowatt hour</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Gas supplied by a gas utility or any gas supplied in a gaseous state that is of a kind supplied by a gas utility</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£0.00827 per kilowatt hour</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Any petroleum gas, or other gaseous hydrocarbon, supplied in a liquid state</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£0.02175 per kilogram</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Any other taxable commodity</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£0.06468 per kilogram</p></default:td></default:tr></default:tbody></default:table></foreign></tblock></quotedStructure><inline name="appendText">.</inline></mod></p></content></subsection><subsection eId="section-100-2"><num>(2)</num><content><p>The amendment made by this section has effect in relation to supplies treated as taking place on or after 1 April 2027.</p></content></subsection></section><section eId="section-101"><num>101</num><heading>Rates of landfill tax</heading><subsection eId="section-101-1"><num>(1)</num><content><p>Section 42 of FA 1996 (amount of landfill tax) is amended as follows.</p></content></subsection><subsection eId="section-101-2"><num>(2)</num><content><p><mod>In subsection (1)(a) (standard rate), for “£126.15” substitute <quotedText>“£130.75”</quotedText>.</mod></p></content></subsection><subsection eId="section-101-3"><num>(3)</num><intro><p>In subsection (2) (reduced rate for certain disposals), in the words after paragraph (b)—</p></intro><level class="para1" eId="section-101-3-a"><num>(a)</num><content><p><mod>for “£126.15” substitute <quotedText>“£130.75”</quotedText>, and</mod></p></content></level><level class="para1" eId="section-101-3-b"><num>(b)</num><content><p><mod>for “£4.05” substitute <quotedText>“£8.65”</quotedText>.</mod></p></content></level></subsection><subsection eId="section-101-4"><num>(4)</num><content><p>The amendments made by this section have effect in relation to disposals made (or treated as made) on or after 1 April 2026.</p></content></subsection></section><section eId="section-102"><num>102</num><heading>Rate of aggregates levy</heading><subsection eId="section-102-1"><num>(1)</num><content><p><mod>In section 16(4) of FA 2001 (rate of aggregates levy), for “£2.08” substitute <quotedText>“£2.16”</quotedText>.</mod></p></content></subsection><subsection eId="section-102-2"><num>(2)</num><content><p>The amendment made by this section has effect in relation to aggregate subjected to commercial exploitation on or after 1 April 2026.</p></content></subsection></section><section eId="section-103"><num>103</num><heading>Aggregates levy: amendments relating to disapplication of levy to Scotland</heading><content><p><ref href="#schedule-14">Schedule 14</ref> (aggregates levy: amendments relating to disapplication of levy to Scotland) has effect.</p></content></section><section eId="section-104"><num>104</num><heading>Rate of plastic packaging tax</heading><subsection eId="section-104-1"><num>(1)</num><content><p><mod>In section 45(1) of FA 2021 (rate of plastic packaging tax), for “£223.69” substitute <quotedText>“£228.82”</quotedText>.</mod></p></content></subsection><subsection eId="section-104-2"><num>(2)</num><content><p>The amendment made by this section has effect in relation to packaging components produced in, or imported into, the United Kingdom on or after 1 April 2026.</p></content></subsection></section><section eId="section-105"><num>105</num><heading>Chemical recycling: mass balance approach</heading><subsection eId="section-105-1"><num>(1)</num><content><p>Part 2 of FA 2021 (plastic packaging tax) is amended as follows.</p></content></subsection><subsection eId="section-105-2"><num>(2)</num><intro><p>In section 47(1)(a) (chargeable plastic packaging components)—</p></intro><level class="para1" eId="section-105-2-a"><num>(a)</num><content><p><mod>before “proportion” insert <quotedText>“combined”</quotedText>;</mod></p></content></level><level class="para1" eId="section-105-2-b"><num>(b)</num><content><p><mod>after “recycled plastic” insert <quotedText>“and attributed recycled plastic”</quotedText>.</mod></p></content></level></subsection><subsection eId="section-105-3"><num>(3)</num><intro><p>In section 49 (meaning of “<term refersTo="#term-plastic" eId="term-plastic">plastic</term>” and “<term refersTo="#term-recycled-plastic" eId="term-recycled-plastic">recycled plastic</term>”)—</p></intro><level class="para1" eId="section-105-3-a"><num>(a)</num><content><p><mod>in the heading, for “and “recycled plastic”” substitute <quotedText>“, “recycled plastic” and “attributed recycled plastic””</quotedText>;</mod></p></content></level><level class="para1" eId="section-105-3-b"><num>(b)</num><content><p><mod>after subsection (2) insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><subsection><num>(2A)</num><content><p>“Attributed recycled plastic” is plastic to which recovered material has been attributed in accordance with a chemical recycling certification scheme.</p></content></subsection></quotedStructure><inline name="appendText">;</inline></mod></p></content></level><level class="para1" eId="section-105-3-c"><num>(c)</num><content><p><mod>after subsection (7) insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><subsection><num>(7A)</num><content><p>Plastic is not to be taken as attributed recycled plastic unless it is shown that it is attributed recycled plastic.</p></content></subsection></quotedStructure><inline name="appendText">;</inline></mod></p></content></level><level class="para1" eId="section-105-3-d"><num>(d)</num><content><p><mod>in subsection (8), for “and “recycled plastic”” substitute <quotedText>“, “recycled plastic” and “attributed recycled plastic””</quotedText>;</mod></p></content></level><level class="para1" eId="section-105-3-e"><num>(e)</num><content><p><mod>in subsection (10), after “recycled plastic” insert <quotedText>“or attributed recycled plastic”</quotedText>.</mod></p></content></level></subsection><subsection eId="section-105-4"><num>(4)</num><content><p><mod>After section 49 insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><section eId="d28e22860"><num>49A</num><heading>Meaning of “chemical recycling certification scheme”</heading><subsection eId="d28e22864"><num>(1)</num><intro><p>For the purposes of this Part, a scheme is a “chemical recycling certification scheme” if—</p></intro><level class="para1"><num>(a)</num><content><p>it is a scheme under which a certified person produces plastic from recovered material and other material by means of one or more mass balance processes,</p></content></level><level class="para1" eId="d28e22876"><num>(b)</num><content><p>that process or (as the case may be) at least one of those processes alters the chemical structure of the recovered material, and</p></content></level><level class="para1" eId="d28e22882"><num>(c)</num><content><p>the scheme meets such conditions as may be specified in regulations made by the Commissioners.</p></content></level></subsection><subsection eId="d28e22888"><num>(2)</num><intro><p>A “mass balance process” is a process under which—</p></intro><level class="para1" eId="d28e22894"><num>(a)</num><content><p>qualifying input material is added to other material to form a mixture (“the mixture”),</p></content></level><level class="para1"><num>(b)</num><content><p>the mixture is processed, and</p></content></level><level class="para1" eId="d28e22906"><num>(c)</num><intro><p>a certified person attributes recovered material to—</p></intro><level class="para2"><num>(i)</num><content><p>material withdrawn from the mixture after the processing, and</p></content></level><level class="para2"><num>(ii)</num><content><p>any waste material.</p></content></level></level></subsection><subsection eId="d28e22924"><num>(3)</num><intro><p>The certified person may attribute recovered material under subsection <ref href="#d28e22888">(2)</ref><ref href="#d28e22906">(c)</ref> in any way, provided that—</p></intro><level class="para1"><num>(a)</num><content><p>the quantity of recovered material so attributed does not exceed the quantity of qualifying input material added to the mixture under subsection <ref href="#d28e22888">(2)</ref><ref href="#d28e22894">(a)</ref>,</p></content></level><level class="para1"><num>(b)</num><content><p>the proportion of withdrawn fuel to which recovered material is attributed is the same as the proportion of the mixture (before it is processed) that is qualifying input material, and</p></content></level><level class="para1"><num>(c)</num><content><p>the attribution meets such conditions as may be specified in regulations made by the Commissioners.</p></content></level></subsection><subsection><num>(4)</num><intro><p>In subsections <ref href="#d28e22888">(2)</ref> and <ref href="#d28e22924">(3)</ref> “<term refersTo="#term-qualifying-input-material">qualifying input material</term>” means—</p></intro><level class="para1"><num>(a)</num><content><p>recovered material, or</p></content></level><level class="para1"><num>(b)</num><content><p>material to which recovered material has been attributed under subsection <ref href="#d28e22888">(2)</ref><ref href="#d28e22906">(c)</ref> in connection with an earlier mass balance process.</p></content></level></subsection><subsection><num>(5)</num><intro><p>In this section—</p></intro><hcontainer name="definition"><content><p>“<term refersTo="#term-certified-person">certified person</term>” means a person certified under a chemical recycling certification scheme;</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-consumed-fuel">consumed fuel</term>” means fuel added to the mixture that is consumed to provide energy for the processing of the mixture;</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-process-losses">process losses</term>” means material, other than consumed fuel, added to the mixture which is converted to waste products as part of the processing (and which is not withdrawn from the mixture);</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-waste-material">waste material</term>” means any consumed fuel and process losses;</p></content></hcontainer><hcontainer name="definition"><intro><p>“<term refersTo="#term-withdrawn-fuel">withdrawn fuel</term>” means material withdrawn from the mixture after processing that—</p></intro><level class="para1"><num>(a)</num><content><p>is fuel, or</p></content></level><level class="para1"><num>(b)</num><content><p>might reasonably be expected to be reprocessed (otherwise than as part of a mass balance process) into fuel.</p></content></level></hcontainer></subsection><subsection><num>(6)</num><intro><p>The Commissioners may by regulations—</p></intro><level class="para1"><num>(a)</num><content><p>make provision about cases in which the chemical structure of recovered material is to be regarded as having been altered, or not altered, for the purposes of subsection <ref href="#d28e22864">(1)</ref><ref href="#d28e22876">(b)</ref>;</p></content></level><level class="para1"><num>(b)</num><content><p>make provision about materials which are, or are not, to be regarded as withdrawn fuel for the purposes of this section.</p></content></level></subsection></section><section><num>49B</num><heading>Chemical recycling certification schemes: further conditions</heading><intro><p>The conditions that may be specified under section <ref href="#d28e22860">49A</ref><ref href="#d28e22864">(1)</ref><ref href="#d28e22882">(c)</ref> (scheme conditions) include, in particular, conditions about—</p></intro><level class="para1"><num>(a)</num><content><p>the assessment of the scheme by an accreditation body specified, or of a description specified, in the regulations;</p></content></level><level class="para1"><num>(b)</num><content><p>the types of material that may be used in a mass balance process under the scheme;</p></content></level><level class="para1"><num>(c)</num><content><p>when, and the circumstances in which, materials may be mixed together as part of a mass balance process under the scheme;</p></content></level><level class="para1"><num>(d)</num><content><p>the methodology that may be used as part of a mass balance process under the scheme in connection with the calculation of amounts of waste material (within the meaning of section <ref href="#d28e22860">49A</ref>);</p></content></level><level class="para1"><num>(e)</num><content><p>the measurement of materials under a mass balance process under the scheme;</p></content></level><level class="para1"><num>(f)</num><content><p>the operation of a mass balance process under the scheme by reference to accounting periods or other periods of time;</p></content></level><level class="para1"><num>(g)</num><content><p>which persons are required to be certified under the scheme;</p></content></level><level class="para1"><num>(h)</num><content><p>the accreditation of certification bodies recognised by the scheme;</p></content></level><level class="para1"><num>(i)</num><content><p>the keeping and retention of records by persons under the scheme;</p></content></level><level class="para1"><num>(j)</num><content><p>the auditing of scheme members by certification bodies under the scheme;</p></content></level><level class="para1"><num>(k)</num><content><p>compliance with, and enforcement of, the scheme rules;</p></content></level><level class="para1"><num>(l)</num><content><p>the provision of information to HMRC and others regarding compliance by scheme members with the scheme rules.</p></content></level></section></quotedStructure></mod></p></content></subsection><subsection eId="section-105-5"><num>(5)</num><content><p><mod>In section 83 (interpretation), at the appropriate places insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><hcontainer name="definition"><content><p>“<term refersTo="#term-attributed-recycled-plastic">attributed recycled plastic</term>” is to be construed in accordance with section 49;</p></content></hcontainer></quotedStructure><inline name="appendText">;</inline></mod></p><p><mod><quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><hcontainer name="definition"><content><p>“<term refersTo="#term-chemical-recycling-certification-scheme">chemical recycling certification scheme</term>” is to be construed in accordance with section <ref href="#d28e22860">49A</ref>;</p></content></hcontainer></quotedStructure><inline name="appendText">.</inline></mod></p></content></subsection><subsection eId="section-105-6"><num>(6)</num><content><p><mod>In section 84(5)(b) (regulations), for “and “recycled plastic”” substitute <quotedText>“, “recycled plastic” and “attributed recycled plastic””</quotedText>.</mod></p></content></subsection></section><section eId="section-106"><num>106</num><heading>Pre-consumer plastic</heading><intro><p>In section 49 of FA 2021 (meaning of “<term refersTo="#term-plastic" eId="term-plastic">plastic</term>” and “<term refersTo="#term-recycled-plastic" eId="term-recycled-plastic">recycled plastic</term>”)—</p></intro><level class="para1" eId="section-106-a"><num>(a)</num><content><p>in subsection (4), in the opening words, omit “pre-consumer plastic or”;</p></content></level><level class="para1" eId="section-106-b"><num>(b)</num><content><p>omit subsection (5).</p></content></level></section><section eId="section-107"><num>107</num><heading>Sections <ref href="#section-105">105</ref> and <ref href="#section-106">106</ref>: commencement</heading><subsection eId="section-107-1"><num>(1)</num><intro><p>The following come into force on the day on which this Act is passed—</p></intro><level class="para1" eId="section-107-1-a"><num>(a)</num><content><p>this section;</p></content></level><level class="para1" eId="section-107-1-b"><num>(b)</num><content><p>any provision of, or amendment made by, section <ref href="#section-105">105</ref> so far as it confers a power to make regulations or relates to the exercise of such a power.</p></content></level></subsection><subsection eId="section-107-2"><num>(2)</num><intro><p>The following come into force on 1 April 2027—</p></intro><level class="para1" eId="section-107-2-a"><num>(a)</num><content><p>section <ref href="#section-105">105</ref>, so far as not brought into force by subsection <ref href="#section-107-1">(1)</ref><ref href="#section-107-1-b">(b)</ref>;</p></content></level><level class="para1" eId="section-107-2-b"><num>(b)</num><content><p>section <ref href="#section-106">106</ref>.</p></content></level></subsection></section></hcontainer>
<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" xmlns:default="http://www.w3.org/1999/xhtml" eId="section-100"><num>100</num><heading>Rates of climate change levy</heading><subsection eId="section-100-1"><num>(1)</num><content><p><mod>In paragraph 42(1) of Schedule 6 to FA 2000 (climate change levy: amount payable by way of levy), for the table substitute—<quotedStructure startQuote="“" endQuote="”" uk:context="schedule" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="schedule" ukl:Format="double"><tblock class="table" ukl:Orientation="portrait"><heading>TABLE</heading><foreign><default:table xmlns="http://www.w3.org/1999/xhtml"><default:colgroup><default:col span="1" style="width:50%"/><default:col span="1" style="width:50%"/></default:colgroup><default:thead><default:tr><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Taxable commodity supplied</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Rate at which levy payable if supply is not a reduced-rate supply</p></default:th></default:tr></default:thead><default:tbody><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Electricity</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£0.00827 per kilowatt hour</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Gas supplied by a gas utility or any gas supplied in a gaseous state that is of a kind supplied by a gas utility</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£0.00827 per kilowatt hour</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Any petroleum gas, or other gaseous hydrocarbon, supplied in a liquid state</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£0.02175 per kilogram</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Any other taxable commodity</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£0.06468 per kilogram</p></default:td></default:tr></default:tbody></default:table></foreign></tblock></quotedStructure><inline name="appendText">.</inline></mod></p></content></subsection><subsection eId="section-100-2"><num>(2)</num><content><p>The amendment made by this section has effect in relation to supplies treated as taking place on or after 1 April 2027.</p></content></subsection></section>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" xmlns:default="http://www.w3.org/1999/xhtml" eId="section-100-1"><num>(1)</num><content><p><mod>In paragraph 42(1) of Schedule 6 to FA 2000 (climate change levy: amount payable by way of levy), for the table substitute—<quotedStructure startQuote="“" endQuote="”" uk:context="schedule" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="schedule" ukl:Format="double"><tblock class="table" ukl:Orientation="portrait"><heading>TABLE</heading><foreign><default:table xmlns="http://www.w3.org/1999/xhtml"><default:colgroup><default:col span="1" style="width:50%"/><default:col span="1" style="width:50%"/></default:colgroup><default:thead><default:tr><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Taxable commodity supplied</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Rate at which levy payable if supply is not a reduced-rate supply</p></default:th></default:tr></default:thead><default:tbody><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Electricity</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£0.00827 per kilowatt hour</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Gas supplied by a gas utility or any gas supplied in a gaseous state that is of a kind supplied by a gas utility</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£0.00827 per kilowatt hour</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Any petroleum gas, or other gaseous hydrocarbon, supplied in a liquid state</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£0.02175 per kilogram</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Any other taxable commodity</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£0.06468 per kilogram</p></default:td></default:tr></default:tbody></default:table></foreign></tblock></quotedStructure><inline name="appendText">.</inline></mod></p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-100-2"><num>(2)</num><content><p>The amendment made by this section has effect in relation to supplies treated as taking place on or after 1 April 2027.</p></content></subsection>
<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-101"><num>101</num><heading>Rates of landfill tax</heading><subsection eId="section-101-1"><num>(1)</num><content><p>Section 42 of FA 1996 (amount of landfill tax) is amended as follows.</p></content></subsection><subsection eId="section-101-2"><num>(2)</num><content><p><mod>In subsection (1)(a) (standard rate), for “£126.15” substitute <quotedText>“£130.75”</quotedText>.</mod></p></content></subsection><subsection eId="section-101-3"><num>(3)</num><intro><p>In subsection (2) (reduced rate for certain disposals), in the words after paragraph (b)—</p></intro><level class="para1" eId="section-101-3-a"><num>(a)</num><content><p><mod>for “£126.15” substitute <quotedText>“£130.75”</quotedText>, and</mod></p></content></level><level class="para1" eId="section-101-3-b"><num>(b)</num><content><p><mod>for “£4.05” substitute <quotedText>“£8.65”</quotedText>.</mod></p></content></level></subsection><subsection eId="section-101-4"><num>(4)</num><content><p>The amendments made by this section have effect in relation to disposals made (or treated as made) on or after 1 April 2026.</p></content></subsection></section>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-101-1"><num>(1)</num><content><p>Section 42 of FA 1996 (amount of landfill tax) is amended as follows.</p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-101-2"><num>(2)</num><content><p><mod>In subsection (1)(a) (standard rate), for “£126.15” substitute <quotedText>“£130.75”</quotedText>.</mod></p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-101-3"><num>(3)</num><intro><p>In subsection (2) (reduced rate for certain disposals), in the words after paragraph (b)—</p></intro><level class="para1" eId="section-101-3-a"><num>(a)</num><content><p><mod>for “£126.15” substitute <quotedText>“£130.75”</quotedText>, and</mod></p></content></level><level class="para1" eId="section-101-3-b"><num>(b)</num><content><p><mod>for “£4.05” substitute <quotedText>“£8.65”</quotedText>.</mod></p></content></level></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-101-3-a"><num>(a)</num><content><p><mod>for “£126.15” substitute <quotedText>“£130.75”</quotedText>, and</mod></p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-101-3-b"><num>(b)</num><content><p><mod>for “£4.05” substitute <quotedText>“£8.65”</quotedText>.</mod></p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-101-4"><num>(4)</num><content><p>The amendments made by this section have effect in relation to disposals made (or treated as made) on or after 1 April 2026.</p></content></subsection>
<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-102"><num>102</num><heading>Rate of aggregates levy</heading><subsection eId="section-102-1"><num>(1)</num><content><p><mod>In section 16(4) of FA 2001 (rate of aggregates levy), for “£2.08” substitute <quotedText>“£2.16”</quotedText>.</mod></p></content></subsection><subsection eId="section-102-2"><num>(2)</num><content><p>The amendment made by this section has effect in relation to aggregate subjected to commercial exploitation on or after 1 April 2026.</p></content></subsection></section>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-102-1"><num>(1)</num><content><p><mod>In section 16(4) of FA 2001 (rate of aggregates levy), for “£2.08” substitute <quotedText>“£2.16”</quotedText>.</mod></p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-102-2"><num>(2)</num><content><p>The amendment made by this section has effect in relation to aggregate subjected to commercial exploitation on or after 1 April 2026.</p></content></subsection>
<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-103"><num>103</num><heading>Aggregates levy: amendments relating to disapplication of levy to Scotland</heading><content><p><ref href="#schedule-14">Schedule 14</ref> (aggregates levy: amendments relating to disapplication of levy to Scotland) has effect.</p></content></section>
<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-104"><num>104</num><heading>Rate of plastic packaging tax</heading><subsection eId="section-104-1"><num>(1)</num><content><p><mod>In section 45(1) of FA 2021 (rate of plastic packaging tax), for “£223.69” substitute <quotedText>“£228.82”</quotedText>.</mod></p></content></subsection><subsection eId="section-104-2"><num>(2)</num><content><p>The amendment made by this section has effect in relation to packaging components produced in, or imported into, the United Kingdom on or after 1 April 2026.</p></content></subsection></section>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-104-1"><num>(1)</num><content><p><mod>In section 45(1) of FA 2021 (rate of plastic packaging tax), for “£223.69” substitute <quotedText>“£228.82”</quotedText>.</mod></p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-104-2"><num>(2)</num><content><p>The amendment made by this section has effect in relation to packaging components produced in, or imported into, the United Kingdom on or after 1 April 2026.</p></content></subsection>
<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="section-105"><num>105</num><heading>Chemical recycling: mass balance approach</heading><subsection eId="section-105-1"><num>(1)</num><content><p>Part 2 of FA 2021 (plastic packaging tax) is amended as follows.</p></content></subsection><subsection eId="section-105-2"><num>(2)</num><intro><p>In section 47(1)(a) (chargeable plastic packaging components)—</p></intro><level class="para1" eId="section-105-2-a"><num>(a)</num><content><p><mod>before “proportion” insert <quotedText>“combined”</quotedText>;</mod></p></content></level><level class="para1" eId="section-105-2-b"><num>(b)</num><content><p><mod>after “recycled plastic” insert <quotedText>“and attributed recycled plastic”</quotedText>.</mod></p></content></level></subsection><subsection eId="section-105-3"><num>(3)</num><intro><p>In section 49 (meaning of “<term refersTo="#term-plastic" eId="term-plastic">plastic</term>” and “<term refersTo="#term-recycled-plastic" eId="term-recycled-plastic">recycled plastic</term>”)—</p></intro><level class="para1" eId="section-105-3-a"><num>(a)</num><content><p><mod>in the heading, for “and “recycled plastic”” substitute <quotedText>“, “recycled plastic” and “attributed recycled plastic””</quotedText>;</mod></p></content></level><level class="para1" eId="section-105-3-b"><num>(b)</num><content><p><mod>after subsection (2) insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><subsection><num>(2A)</num><content><p>“Attributed recycled plastic” is plastic to which recovered material has been attributed in accordance with a chemical recycling certification scheme.</p></content></subsection></quotedStructure><inline name="appendText">;</inline></mod></p></content></level><level class="para1" eId="section-105-3-c"><num>(c)</num><content><p><mod>after subsection (7) insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><subsection><num>(7A)</num><content><p>Plastic is not to be taken as attributed recycled plastic unless it is shown that it is attributed recycled plastic.</p></content></subsection></quotedStructure><inline name="appendText">;</inline></mod></p></content></level><level class="para1" eId="section-105-3-d"><num>(d)</num><content><p><mod>in subsection (8), for “and “recycled plastic”” substitute <quotedText>“, “recycled plastic” and “attributed recycled plastic””</quotedText>;</mod></p></content></level><level class="para1" eId="section-105-3-e"><num>(e)</num><content><p><mod>in subsection (10), after “recycled plastic” insert <quotedText>“or attributed recycled plastic”</quotedText>.</mod></p></content></level></subsection><subsection eId="section-105-4"><num>(4)</num><content><p><mod>After section 49 insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><section eId="d28e22860"><num>49A</num><heading>Meaning of “chemical recycling certification scheme”</heading><subsection eId="d28e22864"><num>(1)</num><intro><p>For the purposes of this Part, a scheme is a “chemical recycling certification scheme” if—</p></intro><level class="para1"><num>(a)</num><content><p>it is a scheme under which a certified person produces plastic from recovered material and other material by means of one or more mass balance processes,</p></content></level><level class="para1" eId="d28e22876"><num>(b)</num><content><p>that process or (as the case may be) at least one of those processes alters the chemical structure of the recovered material, and</p></content></level><level class="para1" eId="d28e22882"><num>(c)</num><content><p>the scheme meets such conditions as may be specified in regulations made by the Commissioners.</p></content></level></subsection><subsection eId="d28e22888"><num>(2)</num><intro><p>A “mass balance process” is a process under which—</p></intro><level class="para1" eId="d28e22894"><num>(a)</num><content><p>qualifying input material is added to other material to form a mixture (“the mixture”),</p></content></level><level class="para1"><num>(b)</num><content><p>the mixture is processed, and</p></content></level><level class="para1" eId="d28e22906"><num>(c)</num><intro><p>a certified person attributes recovered material to—</p></intro><level class="para2"><num>(i)</num><content><p>material withdrawn from the mixture after the processing, and</p></content></level><level class="para2"><num>(ii)</num><content><p>any waste material.</p></content></level></level></subsection><subsection eId="d28e22924"><num>(3)</num><intro><p>The certified person may attribute recovered material under subsection <ref href="#d28e22888">(2)</ref><ref href="#d28e22906">(c)</ref> in any way, provided that—</p></intro><level class="para1"><num>(a)</num><content><p>the quantity of recovered material so attributed does not exceed the quantity of qualifying input material added to the mixture under subsection <ref href="#d28e22888">(2)</ref><ref href="#d28e22894">(a)</ref>,</p></content></level><level class="para1"><num>(b)</num><content><p>the proportion of withdrawn fuel to which recovered material is attributed is the same as the proportion of the mixture (before it is processed) that is qualifying input material, and</p></content></level><level class="para1"><num>(c)</num><content><p>the attribution meets such conditions as may be specified in regulations made by the Commissioners.</p></content></level></subsection><subsection><num>(4)</num><intro><p>In subsections <ref href="#d28e22888">(2)</ref> and <ref href="#d28e22924">(3)</ref> “<term refersTo="#term-qualifying-input-material">qualifying input material</term>” means—</p></intro><level class="para1"><num>(a)</num><content><p>recovered material, or</p></content></level><level class="para1"><num>(b)</num><content><p>material to which recovered material has been attributed under subsection <ref href="#d28e22888">(2)</ref><ref href="#d28e22906">(c)</ref> in connection with an earlier mass balance process.</p></content></level></subsection><subsection><num>(5)</num><intro><p>In this section—</p></intro><hcontainer name="definition"><content><p>“<term refersTo="#term-certified-person">certified person</term>” means a person certified under a chemical recycling certification scheme;</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-consumed-fuel">consumed fuel</term>” means fuel added to the mixture that is consumed to provide energy for the processing of the mixture;</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-process-losses">process losses</term>” means material, other than consumed fuel, added to the mixture which is converted to waste products as part of the processing (and which is not withdrawn from the mixture);</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-waste-material">waste material</term>” means any consumed fuel and process losses;</p></content></hcontainer><hcontainer name="definition"><intro><p>“<term refersTo="#term-withdrawn-fuel">withdrawn fuel</term>” means material withdrawn from the mixture after processing that—</p></intro><level class="para1"><num>(a)</num><content><p>is fuel, or</p></content></level><level class="para1"><num>(b)</num><content><p>might reasonably be expected to be reprocessed (otherwise than as part of a mass balance process) into fuel.</p></content></level></hcontainer></subsection><subsection><num>(6)</num><intro><p>The Commissioners may by regulations—</p></intro><level class="para1"><num>(a)</num><content><p>make provision about cases in which the chemical structure of recovered material is to be regarded as having been altered, or not altered, for the purposes of subsection <ref href="#d28e22864">(1)</ref><ref href="#d28e22876">(b)</ref>;</p></content></level><level class="para1"><num>(b)</num><content><p>make provision about materials which are, or are not, to be regarded as withdrawn fuel for the purposes of this section.</p></content></level></subsection></section><section><num>49B</num><heading>Chemical recycling certification schemes: further conditions</heading><intro><p>The conditions that may be specified under section <ref href="#d28e22860">49A</ref><ref href="#d28e22864">(1)</ref><ref href="#d28e22882">(c)</ref> (scheme conditions) include, in particular, conditions about—</p></intro><level class="para1"><num>(a)</num><content><p>the assessment of the scheme by an accreditation body specified, or of a description specified, in the regulations;</p></content></level><level class="para1"><num>(b)</num><content><p>the types of material that may be used in a mass balance process under the scheme;</p></content></level><level class="para1"><num>(c)</num><content><p>when, and the circumstances in which, materials may be mixed together as part of a mass balance process under the scheme;</p></content></level><level class="para1"><num>(d)</num><content><p>the methodology that may be used as part of a mass balance process under the scheme in connection with the calculation of amounts of waste material (within the meaning of section <ref href="#d28e22860">49A</ref>);</p></content></level><level class="para1"><num>(e)</num><content><p>the measurement of materials under a mass balance process under the scheme;</p></content></level><level class="para1"><num>(f)</num><content><p>the operation of a mass balance process under the scheme by reference to accounting periods or other periods of time;</p></content></level><level class="para1"><num>(g)</num><content><p>which persons are required to be certified under the scheme;</p></content></level><level class="para1"><num>(h)</num><content><p>the accreditation of certification bodies recognised by the scheme;</p></content></level><level class="para1"><num>(i)</num><content><p>the keeping and retention of records by persons under the scheme;</p></content></level><level class="para1"><num>(j)</num><content><p>the auditing of scheme members by certification bodies under the scheme;</p></content></level><level class="para1"><num>(k)</num><content><p>compliance with, and enforcement of, the scheme rules;</p></content></level><level class="para1"><num>(l)</num><content><p>the provision of information to HMRC and others regarding compliance by scheme members with the scheme rules.</p></content></level></section></quotedStructure></mod></p></content></subsection><subsection eId="section-105-5"><num>(5)</num><content><p><mod>In section 83 (interpretation), at the appropriate places insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><hcontainer name="definition"><content><p>“<term refersTo="#term-attributed-recycled-plastic">attributed recycled plastic</term>” is to be construed in accordance with section 49;</p></content></hcontainer></quotedStructure><inline name="appendText">;</inline></mod></p><p><mod><quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><hcontainer name="definition"><content><p>“<term refersTo="#term-chemical-recycling-certification-scheme">chemical recycling certification scheme</term>” is to be construed in accordance with section <ref href="#d28e22860">49A</ref>;</p></content></hcontainer></quotedStructure><inline name="appendText">.</inline></mod></p></content></subsection><subsection eId="section-105-6"><num>(6)</num><content><p><mod>In section 84(5)(b) (regulations), for “and “recycled plastic”” substitute <quotedText>“, “recycled plastic” and “attributed recycled plastic””</quotedText>.</mod></p></content></subsection></section>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-105-1"><num>(1)</num><content><p>Part 2 of FA 2021 (plastic packaging tax) is amended as follows.</p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-105-2"><num>(2)</num><intro><p>In section 47(1)(a) (chargeable plastic packaging components)—</p></intro><level class="para1" eId="section-105-2-a"><num>(a)</num><content><p><mod>before “proportion” insert <quotedText>“combined”</quotedText>;</mod></p></content></level><level class="para1" eId="section-105-2-b"><num>(b)</num><content><p><mod>after “recycled plastic” insert <quotedText>“and attributed recycled plastic”</quotedText>.</mod></p></content></level></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-105-2-a"><num>(a)</num><content><p><mod>before “proportion” insert <quotedText>“combined”</quotedText>;</mod></p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-105-2-b"><num>(b)</num><content><p><mod>after “recycled plastic” insert <quotedText>“and attributed recycled plastic”</quotedText>.</mod></p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="section-105-3"><num>(3)</num><intro><p>In section 49 (meaning of “<term refersTo="#term-plastic" eId="term-plastic">plastic</term>” and “<term refersTo="#term-recycled-plastic" eId="term-recycled-plastic">recycled plastic</term>”)—</p></intro><level class="para1" eId="section-105-3-a"><num>(a)</num><content><p><mod>in the heading, for “and “recycled plastic”” substitute <quotedText>“, “recycled plastic” and “attributed recycled plastic””</quotedText>;</mod></p></content></level><level class="para1" eId="section-105-3-b"><num>(b)</num><content><p><mod>after subsection (2) insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><subsection><num>(2A)</num><content><p>“Attributed recycled plastic” is plastic to which recovered material has been attributed in accordance with a chemical recycling certification scheme.</p></content></subsection></quotedStructure><inline name="appendText">;</inline></mod></p></content></level><level class="para1" eId="section-105-3-c"><num>(c)</num><content><p><mod>after subsection (7) insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><subsection><num>(7A)</num><content><p>Plastic is not to be taken as attributed recycled plastic unless it is shown that it is attributed recycled plastic.</p></content></subsection></quotedStructure><inline name="appendText">;</inline></mod></p></content></level><level class="para1" eId="section-105-3-d"><num>(d)</num><content><p><mod>in subsection (8), for “and “recycled plastic”” substitute <quotedText>“, “recycled plastic” and “attributed recycled plastic””</quotedText>;</mod></p></content></level><level class="para1" eId="section-105-3-e"><num>(e)</num><content><p><mod>in subsection (10), after “recycled plastic” insert <quotedText>“or attributed recycled plastic”</quotedText>.</mod></p></content></level></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-105-3-a"><num>(a)</num><content><p><mod>in the heading, for “and “recycled plastic”” substitute <quotedText>“, “recycled plastic” and “attributed recycled plastic””</quotedText>;</mod></p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" class="para1" eId="section-105-3-b"><num>(b)</num><content><p><mod>after subsection (2) insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><subsection><num>(2A)</num><content><p>“Attributed recycled plastic” is plastic to which recovered material has been attributed in accordance with a chemical recycling certification scheme.</p></content></subsection></quotedStructure><inline name="appendText">;</inline></mod></p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" class="para1" eId="section-105-3-c"><num>(c)</num><content><p><mod>after subsection (7) insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><subsection><num>(7A)</num><content><p>Plastic is not to be taken as attributed recycled plastic unless it is shown that it is attributed recycled plastic.</p></content></subsection></quotedStructure><inline name="appendText">;</inline></mod></p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-105-3-d"><num>(d)</num><content><p><mod>in subsection (8), for “and “recycled plastic”” substitute <quotedText>“, “recycled plastic” and “attributed recycled plastic””</quotedText>;</mod></p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-105-3-e"><num>(e)</num><content><p><mod>in subsection (10), after “recycled plastic” insert <quotedText>“or attributed recycled plastic”</quotedText>.</mod></p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="section-105-4"><num>(4)</num><content><p><mod>After section 49 insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><section eId="d28e22860"><num>49A</num><heading>Meaning of “chemical recycling certification scheme”</heading><subsection eId="d28e22864"><num>(1)</num><intro><p>For the purposes of this Part, a scheme is a “chemical recycling certification scheme” if—</p></intro><level class="para1"><num>(a)</num><content><p>it is a scheme under which a certified person produces plastic from recovered material and other material by means of one or more mass balance processes,</p></content></level><level class="para1" eId="d28e22876"><num>(b)</num><content><p>that process or (as the case may be) at least one of those processes alters the chemical structure of the recovered material, and</p></content></level><level class="para1" eId="d28e22882"><num>(c)</num><content><p>the scheme meets such conditions as may be specified in regulations made by the Commissioners.</p></content></level></subsection><subsection eId="d28e22888"><num>(2)</num><intro><p>A “mass balance process” is a process under which—</p></intro><level class="para1" eId="d28e22894"><num>(a)</num><content><p>qualifying input material is added to other material to form a mixture (“the mixture”),</p></content></level><level class="para1"><num>(b)</num><content><p>the mixture is processed, and</p></content></level><level class="para1" eId="d28e22906"><num>(c)</num><intro><p>a certified person attributes recovered material to—</p></intro><level class="para2"><num>(i)</num><content><p>material withdrawn from the mixture after the processing, and</p></content></level><level class="para2"><num>(ii)</num><content><p>any waste material.</p></content></level></level></subsection><subsection eId="d28e22924"><num>(3)</num><intro><p>The certified person may attribute recovered material under subsection <ref href="#d28e22888">(2)</ref><ref href="#d28e22906">(c)</ref> in any way, provided that—</p></intro><level class="para1"><num>(a)</num><content><p>the quantity of recovered material so attributed does not exceed the quantity of qualifying input material added to the mixture under subsection <ref href="#d28e22888">(2)</ref><ref href="#d28e22894">(a)</ref>,</p></content></level><level class="para1"><num>(b)</num><content><p>the proportion of withdrawn fuel to which recovered material is attributed is the same as the proportion of the mixture (before it is processed) that is qualifying input material, and</p></content></level><level class="para1"><num>(c)</num><content><p>the attribution meets such conditions as may be specified in regulations made by the Commissioners.</p></content></level></subsection><subsection><num>(4)</num><intro><p>In subsections <ref href="#d28e22888">(2)</ref> and <ref href="#d28e22924">(3)</ref> “<term refersTo="#term-qualifying-input-material">qualifying input material</term>” means—</p></intro><level class="para1"><num>(a)</num><content><p>recovered material, or</p></content></level><level class="para1"><num>(b)</num><content><p>material to which recovered material has been attributed under subsection <ref href="#d28e22888">(2)</ref><ref href="#d28e22906">(c)</ref> in connection with an earlier mass balance process.</p></content></level></subsection><subsection><num>(5)</num><intro><p>In this section—</p></intro><hcontainer name="definition"><content><p>“<term refersTo="#term-certified-person">certified person</term>” means a person certified under a chemical recycling certification scheme;</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-consumed-fuel">consumed fuel</term>” means fuel added to the mixture that is consumed to provide energy for the processing of the mixture;</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-process-losses">process losses</term>” means material, other than consumed fuel, added to the mixture which is converted to waste products as part of the processing (and which is not withdrawn from the mixture);</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-waste-material">waste material</term>” means any consumed fuel and process losses;</p></content></hcontainer><hcontainer name="definition"><intro><p>“<term refersTo="#term-withdrawn-fuel">withdrawn fuel</term>” means material withdrawn from the mixture after processing that—</p></intro><level class="para1"><num>(a)</num><content><p>is fuel, or</p></content></level><level class="para1"><num>(b)</num><content><p>might reasonably be expected to be reprocessed (otherwise than as part of a mass balance process) into fuel.</p></content></level></hcontainer></subsection><subsection><num>(6)</num><intro><p>The Commissioners may by regulations—</p></intro><level class="para1"><num>(a)</num><content><p>make provision about cases in which the chemical structure of recovered material is to be regarded as having been altered, or not altered, for the purposes of subsection <ref href="#d28e22864">(1)</ref><ref href="#d28e22876">(b)</ref>;</p></content></level><level class="para1"><num>(b)</num><content><p>make provision about materials which are, or are not, to be regarded as withdrawn fuel for the purposes of this section.</p></content></level></subsection></section><section><num>49B</num><heading>Chemical recycling certification schemes: further conditions</heading><intro><p>The conditions that may be specified under section <ref href="#d28e22860">49A</ref><ref href="#d28e22864">(1)</ref><ref href="#d28e22882">(c)</ref> (scheme conditions) include, in particular, conditions about—</p></intro><level class="para1"><num>(a)</num><content><p>the assessment of the scheme by an accreditation body specified, or of a description specified, in the regulations;</p></content></level><level class="para1"><num>(b)</num><content><p>the types of material that may be used in a mass balance process under the scheme;</p></content></level><level class="para1"><num>(c)</num><content><p>when, and the circumstances in which, materials may be mixed together as part of a mass balance process under the scheme;</p></content></level><level class="para1"><num>(d)</num><content><p>the methodology that may be used as part of a mass balance process under the scheme in connection with the calculation of amounts of waste material (within the meaning of section <ref href="#d28e22860">49A</ref>);</p></content></level><level class="para1"><num>(e)</num><content><p>the measurement of materials under a mass balance process under the scheme;</p></content></level><level class="para1"><num>(f)</num><content><p>the operation of a mass balance process under the scheme by reference to accounting periods or other periods of time;</p></content></level><level class="para1"><num>(g)</num><content><p>which persons are required to be certified under the scheme;</p></content></level><level class="para1"><num>(h)</num><content><p>the accreditation of certification bodies recognised by the scheme;</p></content></level><level class="para1"><num>(i)</num><content><p>the keeping and retention of records by persons under the scheme;</p></content></level><level class="para1"><num>(j)</num><content><p>the auditing of scheme members by certification bodies under the scheme;</p></content></level><level class="para1"><num>(k)</num><content><p>compliance with, and enforcement of, the scheme rules;</p></content></level><level class="para1"><num>(l)</num><content><p>the provision of information to HMRC and others regarding compliance by scheme members with the scheme rules.</p></content></level></section></quotedStructure></mod></p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="section-105-5"><num>(5)</num><content><p><mod>In section 83 (interpretation), at the appropriate places insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><hcontainer name="definition"><content><p>“<term refersTo="#term-attributed-recycled-plastic">attributed recycled plastic</term>” is to be construed in accordance with section 49;</p></content></hcontainer></quotedStructure><inline name="appendText">;</inline></mod></p><p><mod><quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><hcontainer name="definition"><content><p>“<term refersTo="#term-chemical-recycling-certification-scheme">chemical recycling certification scheme</term>” is to be construed in accordance with section <ref href="#d28e22860">49A</ref>;</p></content></hcontainer></quotedStructure><inline name="appendText">.</inline></mod></p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-105-6"><num>(6)</num><content><p><mod>In section 84(5)(b) (regulations), for “and “recycled plastic”” substitute <quotedText>“, “recycled plastic” and “attributed recycled plastic””</quotedText>.</mod></p></content></subsection>
<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-106"><num>106</num><heading>Pre-consumer plastic</heading><intro><p>In section 49 of FA 2021 (meaning of “<term refersTo="#term-plastic" eId="term-plastic">plastic</term>” and “<term refersTo="#term-recycled-plastic" eId="term-recycled-plastic">recycled plastic</term>”)—</p></intro><level class="para1" eId="section-106-a"><num>(a)</num><content><p>in subsection (4), in the opening words, omit “pre-consumer plastic or”;</p></content></level><level class="para1" eId="section-106-b"><num>(b)</num><content><p>omit subsection (5).</p></content></level></section>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-106-a"><num>(a)</num><content><p>in subsection (4), in the opening words, omit “pre-consumer plastic or”;</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-106-b"><num>(b)</num><content><p>omit subsection (5).</p></content></level>
<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-107"><num>107</num><heading>Sections <ref href="#section-105">105</ref> and <ref href="#section-106">106</ref>: commencement</heading><subsection eId="section-107-1"><num>(1)</num><intro><p>The following come into force on the day on which this Act is passed—</p></intro><level class="para1" eId="section-107-1-a"><num>(a)</num><content><p>this section;</p></content></level><level class="para1" eId="section-107-1-b"><num>(b)</num><content><p>any provision of, or amendment made by, section <ref href="#section-105">105</ref> so far as it confers a power to make regulations or relates to the exercise of such a power.</p></content></level></subsection><subsection eId="section-107-2"><num>(2)</num><intro><p>The following come into force on 1 April 2027—</p></intro><level class="para1" eId="section-107-2-a"><num>(a)</num><content><p>section <ref href="#section-105">105</ref>, so far as not brought into force by subsection <ref href="#section-107-1">(1)</ref><ref href="#section-107-1-b">(b)</ref>;</p></content></level><level class="para1" eId="section-107-2-b"><num>(b)</num><content><p>section <ref href="#section-106">106</ref>.</p></content></level></subsection></section>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-107-1"><num>(1)</num><intro><p>The following come into force on the day on which this Act is passed—</p></intro><level class="para1" eId="section-107-1-a"><num>(a)</num><content><p>this section;</p></content></level><level class="para1" eId="section-107-1-b"><num>(b)</num><content><p>any provision of, or amendment made by, section <ref href="#section-105">105</ref> so far as it confers a power to make regulations or relates to the exercise of such a power.</p></content></level></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-107-1-a"><num>(a)</num><content><p>this section;</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-107-1-b"><num>(b)</num><content><p>any provision of, or amendment made by, section <ref href="#section-105">105</ref> so far as it confers a power to make regulations or relates to the exercise of such a power.</p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-107-2"><num>(2)</num><intro><p>The following come into force on 1 April 2027—</p></intro><level class="para1" eId="section-107-2-a"><num>(a)</num><content><p>section <ref href="#section-105">105</ref>, so far as not brought into force by subsection <ref href="#section-107-1">(1)</ref><ref href="#section-107-1-b">(b)</ref>;</p></content></level><level class="para1" eId="section-107-2-b"><num>(b)</num><content><p>section <ref href="#section-106">106</ref>.</p></content></level></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-107-2-a"><num>(a)</num><content><p>section <ref href="#section-105">105</ref>, so far as not brought into force by subsection <ref href="#section-107-1">(1)</ref><ref href="#section-107-1-b">(b)</ref>;</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-107-2-b"><num>(b)</num><content><p>section <ref href="#section-106">106</ref>.</p></content></level>
<hcontainer xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" name="crossheading" ukl:Name="Pblock" eId="part-3-crossheading-soft-drinks-industry-levy"><heading>Soft drinks industry levy</heading><section eId="section-108"><num>108</num><heading>Rates of levy</heading><subsection eId="section-108-1"><num>(1)</num><intro><p>In section 36(1) of FA 2017 (rates of soft drinks industry levy)—</p></intro><level class="para1" eId="section-108-1-a"><num>(a)</num><content><p><mod>in paragraph (a) (soft drinks that meet higher sugar threshold), for “£2.59” substitute <quotedText>“£2.78”</quotedText>, and</mod></p></content></level><level class="para1" eId="section-108-1-b"><num>(b)</num><content><p><mod>in paragraph (b) (other soft drinks), for “£1.94” substitute <quotedText>“£2.08”</quotedText>.</mod></p></content></level></subsection><subsection eId="section-108-2"><num>(2)</num><content><p>The amendments made by this section have effect in relation to chargeable events occurring on or after 1 April 2026.</p></content></subsection></section></hcontainer>
<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-108"><num>108</num><heading>Rates of levy</heading><subsection eId="section-108-1"><num>(1)</num><intro><p>In section 36(1) of FA 2017 (rates of soft drinks industry levy)—</p></intro><level class="para1" eId="section-108-1-a"><num>(a)</num><content><p><mod>in paragraph (a) (soft drinks that meet higher sugar threshold), for “£2.59” substitute <quotedText>“£2.78”</quotedText>, and</mod></p></content></level><level class="para1" eId="section-108-1-b"><num>(b)</num><content><p><mod>in paragraph (b) (other soft drinks), for “£1.94” substitute <quotedText>“£2.08”</quotedText>.</mod></p></content></level></subsection><subsection eId="section-108-2"><num>(2)</num><content><p>The amendments made by this section have effect in relation to chargeable events occurring on or after 1 April 2026.</p></content></subsection></section>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-108-1"><num>(1)</num><intro><p>In section 36(1) of FA 2017 (rates of soft drinks industry levy)—</p></intro><level class="para1" eId="section-108-1-a"><num>(a)</num><content><p><mod>in paragraph (a) (soft drinks that meet higher sugar threshold), for “£2.59” substitute <quotedText>“£2.78”</quotedText>, and</mod></p></content></level><level class="para1" eId="section-108-1-b"><num>(b)</num><content><p><mod>in paragraph (b) (other soft drinks), for “£1.94” substitute <quotedText>“£2.08”</quotedText>.</mod></p></content></level></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-108-1-a"><num>(a)</num><content><p><mod>in paragraph (a) (soft drinks that meet higher sugar threshold), for “£2.59” substitute <quotedText>“£2.78”</quotedText>, and</mod></p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-108-1-b"><num>(b)</num><content><p><mod>in paragraph (b) (other soft drinks), for “£1.94” substitute <quotedText>“£2.08”</quotedText>.</mod></p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-108-2"><num>(2)</num><content><p>The amendments made by this section have effect in relation to chargeable events occurring on or after 1 April 2026.</p></content></subsection>
<hcontainer xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" name="crossheading" ukl:Name="Pblock" eId="part-3-crossheading-customs-duties"><heading>Customs duties</heading><section eId="section-109"><num>109</num><heading>Amendment of customs tariff power</heading><subsection eId="section-109-1"><num>(1)</num><content><p>Section 8 of TCTA 2018 (the customs tariff) is amended as follows.</p></content></subsection><subsection eId="section-109-2"><num>(2)</num><content><p><mod>After subsection (3) insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><subsection><num>(3A)</num><content><p>The provision that the customs tariff may make under subsection (1)(c), by virtue of section 32(7), includes provision specifying different rates of import duty applicable to goods falling within a code by reference to their nature, origin or any other factor.</p></content></subsection></quotedStructure></mod></p></content></subsection><subsection eId="section-109-3"><num>(3)</num><content><p><mod>After subsection (8) insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><subsection><num>(9)</num><content><p>Regulations under this section may amend provision made under section 9 or 10 so as to provide that the rate of import duty that applies to goods in a standard case applies in any specified case to which either of those sections applies (instead of the rate of import duty for the time being applicable by virtue of provision made under either of them).</p></content></subsection></quotedStructure></mod></p></content></subsection></section><section eId="section-110"><num>110</num><heading>Dumping and subsidisation investigations</heading><subsection eId="section-110-1"><num>(1)</num><content><p>Schedule 4 to TCTA 2018 (dumping of goods or foreign subsidies causing injury to UK industry) is amended as follows.</p></content></subsection><subsection eId="section-110-2"><num>(2)</num><content><p><mod>In the italic heading before paragraph 9, after “investigation” insert <quotedText>“: request made to TRA”</quotedText>.</mod></p></content></subsection><subsection eId="section-110-3"><num>(3)</num><intro><p>In paragraph 9 (initiation of a dumping or a subsidisation investigation)—</p></intro><level class="para1" eId="section-110-3-a"><num>(a)</num><intro><p>in sub-paragraph (1)—</p></intro><level class="para2" eId="section-110-3-a-i"><num>(i)</num><content><p>in the opening words, omit “only”;</p></content></level><level class="para2" eId="section-110-3-a-ii"><num>(ii)</num><content><p>in paragraph (a), omit sub-paragraph (ii) and the “or” before it;</p></content></level></level><level class="para1" eId="section-110-3-b"><num>(b)</num><intro><p>in sub-paragraph (2)—</p></intro><level class="para2" eId="section-110-3-b-i"><num>(i)</num><content><p>in paragraph (a), omit “in the case of an application under sub-paragraph (1)(a)(i),”;</p></content></level><level class="para2" eId="section-110-3-b-ii"><num>(ii)</num><content><p>omit paragraph (b).</p></content></level></level></subsection><subsection eId="section-110-4"><num>(4)</num><content><p><mod>After paragraph 9 insert—<quotedStructure startQuote="“" endQuote="”" uk:context="schedule" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="schedule" ukl:Format="double"><hcontainer name="crossheading" class="schGroup7"><heading>Initiation of a dumping or a subsidisation investigation: Secretary of State direction</heading><paragraph class="schProv1"><num>9A</num><subparagraph eId="d28e23446"><num>(1)</num><intro><p>The Secretary of State may, in exceptional circumstances, direct the TRA to initiate a dumping or a subsidisation investigation in relation to goods if the Secretary of State is satisfied that—</p></intro><level class="para1" eId="d28e23452"><num>(a)</num><intro><p>there is sufficient evidence that—</p></intro><level class="para2"><num>(i)</num><content><p>the goods have been or are being dumped in the United Kingdom and the dumping has caused or is causing injury to a UK industry in those goods, or</p></content></level><level class="para2"><num>(ii)</num><content><p>as the case may be, the goods have been or are being imported into the United Kingdom and are subsidised, and the importation of the subsidised goods has caused or is causing injury to a UK industry in those goods, and</p></content></level></level><level class="para1" eId="d28e23470"><num>(b)</num><intro><p>it appears from that evidence that—</p></intro><level class="para2" eId="d28e23476"><num>(i)</num><content><p>the volume of dumped goods (whether actual or potential), and the injury, is more than negligible, and the margin of dumping in relation to those goods is more than minimal, or</p></content></level><level class="para2" eId="d28e23482"><num>(ii)</num><content><p>as the case may be, the volume of subsidised goods (whether actual or potential), and the injury, is more than negligible, and the amount of the subsidy in relation to those goods is more than minimal.</p></content></level></level></subparagraph><subparagraph><num>(2)</num><intro><p>Regulations may make provision about—</p></intro><level class="para1"><num>(a)</num><intro><p>the giving of directions under sub-paragraph <ref href="#d28e23446">(1)</ref>, including in particular provision about—</p></intro><level class="para2"><num>(i)</num><content><p>the form and content of directions;</p></content></level><level class="para2"><num>(ii)</num><content><p>when directions are made for the purposes of sub-paragraph <ref href="#d28e23446">(1)</ref>;</p></content></level><level class="para2"><num>(iii)</num><content><p>the publication of directions;</p></content></level></level><level class="para1"><num>(b)</num><content><p>what constitutes or does not constitute “negligible” and “<term refersTo="#term-minimal">minimal</term>” for the purposes of sub-paragraph <ref href="#d28e23446">(1)</ref><ref href="#d28e23470">(b)</ref><ref href="#d28e23476">(i)</ref> or <ref href="#d28e23482">(ii)</ref>;</p></content></level><level class="para1"><num>(c)</num><content><p>how it is to be determined for those purposes whether those thresholds have been exceeded.</p></content></level></subparagraph><subparagraph><num>(3)</num><content><p>Before giving a direction under sub-paragraph <ref href="#d28e23446">(1)</ref>, the Secretary of State must consult the TRA.</p></content></subparagraph><subparagraph><num>(4)</num><content><p>The TRA must comply with a direction given under sub-paragraph <ref href="#d28e23446">(1)</ref>.</p></content></subparagraph><subparagraph eId="d28e23567"><num>(5)</num><intro><p>Where the Secretary of State gives a direction under sub-paragraph <ref href="#d28e23446">(1)</ref> in respect of a dumping investigation, the TRA must take the following steps in the order in which they are set out—</p></intro><level class="para1"><num>(a)</num><content><p>notify the governments of the relevant foreign countries or territories;</p></content></level><level class="para1"><num>(b)</num><content><p>initiate the investigation;</p></content></level><level class="para1" eId="d28e23588"><num>(c)</num><content><p>publish notice that it has initiated the investigation (including notice of the goods which are the subject of the investigation);</p></content></level><level class="para1" eId="d28e23594"><num>(d)</num><content><p>notify the Secretary of State and interested parties (see paragraph 32(3)) accordingly.</p></content></level></subparagraph><subparagraph eId="d28e23600"><num>(6)</num><intro><p>Where the Secretary of State gives a direction under sub-paragraph <ref href="#d28e23446">(1)</ref> in respect of a subsidisation investigation, the TRA must take the following steps in the order in which they are set out—</p></intro><level class="para1"><num>(a)</num><content><p>invite the governments of the relevant foreign countries or territories to participate in consultations;</p></content></level><level class="para1"><num>(b)</num><content><p>initiate the investigation;</p></content></level><level class="para1" eId="d28e23621"><num>(c)</num><content><p>publish notice that it has initiated the investigation (including notice of the goods which are the subject of the investigation);</p></content></level><level class="para1" eId="d28e23627"><num>(d)</num><content><p>notify the Secretary of State and interested parties accordingly.</p></content></level></subparagraph><subparagraph><num>(7)</num><content><p>Notices under sub-paragraphs <ref href="#d28e23567">(5)</ref><ref href="#d28e23588">(c)</ref> and <ref href="#d28e23594">(d)</ref> and <ref href="#d28e23600">(6)</ref><ref href="#d28e23621">(c)</ref> and <ref href="#d28e23627">(d)</ref> must specify the date of the initiation of the investigation.</p></content></subparagraph><subparagraph><num>(8)</num><content><p>Nothing in this paragraph prevents the Secretary of State from directing the TRA to initiate both a dumping investigation and a subsidisation investigation in relation to the same goods if the requirements of sub-paragraph <ref href="#d28e23446">(1)</ref><ref href="#d28e23452">(a)</ref> and <ref href="#d28e23470">(b)</ref> are met in the case of each investigation.</p></content></subparagraph><subparagraph><num>(9)</num><intro><p>In this paragraph “<term refersTo="#term-relevant-foreign-country-or-territory">relevant foreign country or territory</term>” means—</p></intro><level class="para1"><num>(a)</num><content><p>in the case of a direction to initiate a dumping investigation, the exporting foreign country or territory (within the meaning of paragraph 1(2)) of the alleged dumped goods;</p></content></level><level class="para1"><num>(b)</num><content><p>in the case of a direction to initiate a subsidisation investigation, a foreign country or territory within whose territory is located a foreign authority which is alleged to have granted one or more of the subsidies in question.</p></content></level></subparagraph></paragraph></hcontainer></quotedStructure></mod></p></content></subsection><subsection eId="section-110-5"><num>(5)</num><content><p><mod>In paragraph 10(2) (conduct of a dumping or a subsidisation investigation), after paragraph (d) insert—<quotedStructure startQuote="“" endQuote="”" uk:context="schedule" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="schedule" ukl:Format="double"><level class="para1"><num>(da)</num><content><p>the information which must or may be provided or made available by the Secretary of State to the TRA or others in connection with the giving of a direction to initiate a dumping or a subsidisation investigation;</p></content></level></quotedStructure><inline name="appendText">.</inline></mod></p></content></subsection><subsection eId="section-110-6"><num>(6)</num><intro><p>In paragraph 17(8B) (TRA’s duty to recommend an anti-dumping amount or countervailing amount)—</p></intro><level class="para1" eId="section-110-6-a"><num>(a)</num><content><p><mod>for “The Secretary of State may by regulations” substitute <quotedText>“Regulations may”</quotedText>;</mod></p></content></level><level class="para1" eId="section-110-6-b"><num>(b)</num><content><p><mod>after “specified circumstances, to” insert <quotedText>“give or”</quotedText>.</mod></p></content></level></subsection><subsection eId="section-110-7"><num>(7)</num><intro><p>In paragraph 18 (TRA's recommendations about an anti-dumping amount or a countervailing amount)—</p></intro><level class="para1" eId="section-110-7-a"><num>(a)</num><content><p>in sub-paragraph (6), omit paragraph (b) and the “or” before it;</p></content></level><level class="para1" eId="section-110-7-b"><num>(b)</num><content><p><mod>after sub-paragraph (6) insert—<quotedStructure startQuote="“" endQuote="”" uk:context="schedule" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="schedule" ukl:Format="double"><subparagraph><num>(6A)</num><content><p>Regulations may provide that a recommendation must be such that an anti-dumping amount or a countervailing amount applicable to goods does not exceed a specified amount that is lower than the amount referred to in sub-paragraph (6)(a).</p></content></subparagraph></quotedStructure><inline name="appendText">;</inline></mod></p></content></level><level class="para1" eId="section-110-7-c"><num>(c)</num><content><p><mod>in sub-paragraph (7) omit the words from “for the purposes of” to the end and insert <quotedText>“about how an amount specified in regulations under sub-paragraph (6A) is to be determined by the TRA”</quotedText>.</mod></p></content></level></subsection></section><section eId="section-111"><num>111</num><heading>Safeguarding investigations</heading><subsection eId="section-111-1"><num>(1)</num><content><p>Schedule 5 to TCTA 2018 (increase in imports causing serious injury to UK producers) is amended in accordance with subsections <ref href="#section-111-2">(2)</ref> to <ref href="#section-111-5">(5)</ref>.</p></content></subsection><subsection eId="section-111-2"><num>(2)</num><content><p><mod>In the italic heading before paragraph 7, after “investigation” insert <quotedText>“: request made to TRA”</quotedText>.</mod></p></content></subsection><subsection eId="section-111-3"><num>(3)</num><intro><p>In paragraph 7 (initiation of a safeguarding investigation)—</p></intro><level class="para1" eId="section-111-3-a"><num>(a)</num><intro><p>in sub-paragraph (1)—</p></intro><level class="para2" eId="section-111-3-a-i"><num>(i)</num><content><p>in the opening words, omit “only”;</p></content></level><level class="para2" eId="section-111-3-a-ii"><num>(ii)</num><content><p>in paragraph (a), omit sub-paragraph (ii) and the “or” before it;</p></content></level></level><level class="para1" eId="section-111-3-b"><num>(b)</num><intro><p>in sub-paragraph (2)—</p></intro><level class="para2" eId="section-111-3-b-i"><num>(i)</num><content><p>in paragraph (a), omit “in the case of an application under sub-paragraph (1)(a)(i),”;</p></content></level><level class="para2" eId="section-111-3-b-ii"><num>(ii)</num><content><p>omit paragraph (b);</p></content></level></level><level class="para1" eId="section-111-3-c"><num>(c)</num><intro><p>in sub-paragraph (3)—</p></intro><level class="para2" eId="section-111-3-c-i"><num>(i)</num><content><p>in paragraph (a), omit “in the case of an application under sub-paragraph (1)(a)(i),”;</p></content></level><level class="para2" eId="section-111-3-c-ii"><num>(ii)</num><content><p>omit paragraph (b).</p></content></level></level></subsection><subsection eId="section-111-4"><num>(4)</num><content><p><mod>After paragraph 7 insert—<quotedStructure startQuote="“" endQuote="”" uk:context="schedule" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="schedule" ukl:Format="double"><hcontainer name="crossheading" class="schGroup7"><heading>Initiation of a safeguarding investigation: Secretary of State direction</heading><paragraph eId="d28e23863" class="schProv1"><num>7A</num><subparagraph eId="d28e23867"><num>(1)</num><intro><p>The Secretary of State may direct the TRA to initiate a safeguarding investigation in relation to goods if the Secretary of State is satisfied that there is sufficient evidence that—</p></intro><level class="para1"><num>(a)</num><content><p>the goods have been or are being imported into the United Kingdom in increased quantities, and</p></content></level><level class="para1"><num>(b)</num><content><p>the importation of the goods in increased quantities has caused or is causing serious injury to UK producers of those goods.</p></content></level></subparagraph><subparagraph><num>(2)</num><content><p>A direction given under sub-paragraph <ref href="#d28e23867">(1)</ref> may be accompanied by a preliminary adjustment plan setting out how UK producers of the goods might be able to adjust to the importation of the goods in increased quantities.</p></content></subparagraph><subparagraph><num>(3)</num><intro><p>Regulations may make provision about—</p></intro><level class="para1"><num>(a)</num><intro><p>the giving of directions under sub-paragraph <ref href="#d28e23867">(1)</ref>, including in particular provision about—</p></intro><level class="para2"><num>(i)</num><content><p>the form and content of directions;</p></content></level><level class="para2"><num>(ii)</num><content><p>when directions are made for the purposes of sub-paragraph <ref href="#d28e23867">(1)</ref>;</p></content></level><level class="para2"><num>(iii)</num><content><p>the publication of directions;</p></content></level></level><level class="para1"><num>(b)</num><content><p>the form and content of a preliminary adjustment plan.</p></content></level></subparagraph><subparagraph><num>(4)</num><content><p>Before giving a direction under sub-paragraph <ref href="#d28e23867">(1)</ref>, the Secretary of State must consult the TRA.</p></content></subparagraph><subparagraph><num>(5)</num><content><p>The TRA must comply with a direction given under sub-paragraph <ref href="#d28e23867">(1)</ref>.</p></content></subparagraph><subparagraph eId="d28e23954"><num>(6)</num><intro><p>Where the Secretary of State gives a direction under sub-paragraph <ref href="#d28e23867">(1)</ref> in respect of a safeguarding investigation, the TRA must take the following steps in the order in which they are set out—</p></intro><level class="para1"><num>(a)</num><content><p>initiate the investigation;</p></content></level><level class="para1" eId="d28e23969"><num>(b)</num><content><p>publish notice that it has initiated the investigation (including notice of the goods which are the subject of the investigation);</p></content></level><level class="para1" eId="d28e23975"><num>(c)</num><content><p>notify the Secretary of State and interested parties (see paragraph 31(3)) accordingly.</p></content></level></subparagraph><subparagraph><num>(7)</num><content><p>Notices under sub-paragraph <ref href="#d28e23954">(6)</ref><ref href="#d28e23969">(b)</ref> and <ref href="#d28e23975">(c)</ref> must specify the date of the initiation of the investigation.</p></content></subparagraph></paragraph></hcontainer></quotedStructure></mod></p></content></subsection><subsection eId="section-111-5"><num>(5)</num><content><p><mod>In paragraph 16 (final affirmative determination), for sub-paragraph (6) substitute—<quotedStructure startQuote="“" endQuote="”" uk:context="schedule" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="schedule" ukl:Format="double"><subparagraph><num>(6)</num><intro><p>But the requirement in sub-paragraph (5)(b) does not apply in a case where—</p></intro><level class="para1"><num>(a)</num><content><p>the safeguarding investigation was initiated in accordance with paragraph 7 (application made by or on behalf of UK producers) and the TRA waived the requirement for the application to initiate the safeguarding investigation to be accompanied by a preliminary adjustment plan, or</p></content></level><level class="para1"><num>(b)</num><content><p>the safeguarding investigation was initiated in accordance with paragraph <ref href="#d28e23863">7A</ref> (Secretary of State direction) and the TRA waives the requirement in sub-paragraph (5)(b) of this paragraph.</p></content></level></subparagraph></quotedStructure></mod></p></content></subsection><subsection eId="section-111-6"><num>(6)</num><content><p>Schedule 5A to TCTA 2018 (increase in imports as a result of free trade agreement causing serious injury to UK producers) is amended in accordance with subsections <ref href="#section-111-7">(7)</ref> and <ref href="#section-111-8">(8)</ref>.</p></content></subsection><subsection eId="section-111-7"><num>(7)</num><content><p><mod>In paragraph 5 (initiation of a bilateral safeguarding investigation), for sub-paragraphs (3) and (4) substitute—<quotedStructure startQuote="“" endQuote="”" uk:context="schedule" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="schedule" ukl:Format="double"><subparagraph><num>(3)</num><intro><p>Sub-paragraph (2) is to be read as if in paragraph (a)—</p></intro><level class="para1"><num>(a)</num><content><p><mod>for “the TRA” there were substituted <quotedText>“the Secretary of State”</quotedText>;</mod></p></content></level><level class="para1"><num>(b)</num><content><p><mod>for “applicant UK producers” there were substituted <quotedText>“UK producers of the goods”</quotedText>.</mod></p></content></level></subparagraph><subparagraph><num>(4)</num><content><p><mod>Sub-paragraph (3) is to be read as if in paragraph (a), for “the applicant UK producers think they” there were substituted <quotedText>“UK producers of the goods”</quotedText>.</mod></p></content></subparagraph></quotedStructure></mod></p></content></subsection><subsection eId="section-111-8"><num>(8)</num><content><p><mod>After paragraph 5 insert—<quotedStructure startQuote="“" endQuote="”" uk:context="schedule" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="schedule" ukl:Format="double"><paragraph class="schProv1"><num>5A</num><content><p>Paragraph 7A (Secretary of State direction to initiate safeguarding investigation) does not apply.</p></content></paragraph></quotedStructure></mod></p></content></subsection><subsection eId="section-111-9"><num>(9)</num><content><p>This section and section <ref href="#section-110">110</ref> come into force on such day as the Secretary of State may by regulations made by statutory instrument appoint; and different days may be appointed for different purposes.</p></content></subsection></section><section eId="section-112"><num>112</num><heading>Customs facilities at approved wharves and other places</heading><subsection eId="section-112-1"><num>(1)</num><content><p><ref eId="c00140" href="https://www.legislation.gov.uk/ukpga/1979/2/section/20">Section 20</ref> of <ref eId="c00141" href="https://www.legislation.gov.uk/ukpga/1979/2/contents">CEMA 1979</ref> (approval of wharves) is amended as follows.</p></content></subsection><subsection eId="section-112-2"><num>(2)</num><intro><p>In <ref eId="c00142" href="https://www.legislation.gov.uk/ukpga/1979/2/section/20">subsection (1A)</ref>—</p></intro><level class="para1" eId="section-112-2-a"><num>(a)</num><content><p>omit the “or” after <ref eId="c00143" href="https://www.legislation.gov.uk/ukpga/1979/2/section/20">paragraph (a)</ref>,</p></content></level><level class="para1" eId="section-112-2-b"><num>(b)</num><content><p><mod>after <ref eId="c00144" href="https://www.legislation.gov.uk/ukpga/1979/2/section/20">paragraph (a)</ref> insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><level class="para1"><num>(aa)</num><content><p>impose conditions, or specify conditions which may be imposed, after an approval has been granted,</p></content></level></quotedStructure><inline name="appendText">.</inline></mod></p></content></level><level class="para1" eId="section-112-2-c"><num>(c)</num><content><p><mod>after <ref eId="c00145" href="https://www.legislation.gov.uk/ukpga/1979/2/section/20">paragraph (b)</ref> insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><level class="para1"><num>(c)</num><intro><p>specify restrictions—</p></intro><level class="para2"><num>(i)</num><content><p>that apply in all cases, or</p></content></level><level class="para2"><num>(ii)</num><content><p>which may be imposed, in any particular case, at the time of the approval,</p></content></level></level><level class="para1"><num>(d)</num><content><p>impose restrictions, or specify restrictions which may be imposed, after an approval has been granted, or</p></content></level><level class="para1"><num>(e)</num><content><p>provide for the imposition of conditions or restrictions by direction made by the Commissioners.</p></content></level></quotedStructure></mod></p></content></level></subsection><subsection eId="section-112-3"><num>(3)</num><content><p><mod>After <ref eId="c00146" href="https://www.legislation.gov.uk/ukpga/1979/2/section/20">subsection (1B)</ref> insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><subsection eId="d28e24201"><num>(1C)</num><intro><p>Conditions and restrictions which may be imposed by or specified in regulations under subsection (1A) include—</p></intro><level class="para1" eId="d28e24207"><num>(a)</num><content><p>conditions requiring the provision at the place approved under subsection (1) of specified facilities, services or infrastructure for purposes in connection with facilitating the administration, collection or enforcement of any duty of customs,</p></content></level><level class="para1" eId="d28e24213"><num>(b)</num><intro><p>conditions requiring the provision of specified facilities, services or infrastructure for such purposes otherwise than at the place approved under subsection (1), including conditions—</p></intro><level class="para2"><num>(i)</num><content><p>requiring that provision at a specified place,</p></content></level><level class="para2"><num>(ii)</num><content><p>requiring a person to whom an approval has been, or may be, given to propose a place at which facilities, services or infrastructure are to be provided, and</p></content></level><level class="para2"><num>(iii)</num><content><p>requiring the agreement of the Commissioners to any proposal for the provision of facilities, services or infrastructure at a place, and</p></content></level></level><level class="para1"><num>(c)</num><content><p>conditions and restrictions as respects the movements of goods between a place approved under subsection (1) and an off-site facility.</p></content></level></subsection><subsection><num>(1D)</num><intro><p>For the purposes of <ref href="#d28e24201">subsection (1C)</ref><ref href="#d28e24207">(a)</ref> and <ref href="#d28e24213">(b)</ref> “<term refersTo="#term-specified">specified</term>” means specified in—</p></intro><level class="para1"><num>(a)</num><content><p>the regulations,</p></content></level><level class="para1"><num>(b)</num><content><p>an approval under subsection (1), or</p></content></level><level class="para1"><num>(c)</num><content><p>a direction.</p></content></level></subsection><subsection><num>(1E)</num><content><p>For the purposes of this section and section 20A, an “<term refersTo="#term-off-site-facility">off-site facility</term>” means a place at which facilities, services or infrastructure are provided (in accordance with an approval or conditions attaching to it) other than a place approved under subsection (1).</p></content></subsection></quotedStructure></mod></p></content></subsection><subsection eId="section-112-4"><num>(4)</num><content><p>Section 20(A) of CEMA 1979 (approved wharves) is amended as follows.</p></content></subsection><subsection eId="section-112-5"><num>(5)</num><content><p>Renumber that section as section 20A.</p></content></subsection><subsection eId="section-112-6"><num>(6)</num><intro><p>In subsection (1)—</p></intro><level class="para1" eId="section-112-6-a"><num>(a)</num><content><p><mod>in paragraph (a), for “20” substitute <quotedText>“20(1)”</quotedText>, and</mod></p></content></level><level class="para1" eId="section-112-6-b"><num>(b)</num><content><p><mod>after that paragraph insert <quotedText startQuote="“">or</quotedText><quotedStructure endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="default"><level class="para1"><num>(aa)</num><content><p>an off-site facility.</p></content></level></quotedStructure></mod></p></content></level></subsection><subsection eId="section-112-7"><num>(7)</num><content><p><mod>In subsection (1A), after “imposed” insert <quotedText>“by or”</quotedText>.</mod></p></content></subsection><subsection eId="section-112-8"><num>(8)</num><content><p>The amendments made by <ref href="#section-112">this section</ref> come into force on the day on which this Act is passed.</p></content></subsection><subsection eId="section-112-9"><num>(9)</num><content><p>But <ref eId="c00147" href="https://www.legislation.gov.uk/ukpga/1979/2/contents">CEMA 1979</ref> continues to have effect, for any purpose in connection with duty under <ref eId="c00148" href="https://www.legislation.gov.uk/ukpga/2018/22/section/30A">section 30A</ref><ref eId="c00149" href="https://www.legislation.gov.uk/ukpga/2018/22/section/30A">(3)</ref> or <ref eId="c00150" href="https://www.legislation.gov.uk/ukpga/2018/22/section/40A">40A</ref> of <ref eId="c00151" href="https://www.legislation.gov.uk/ukpga/2018/22/contents">TCTA 2018</ref>, as if the amendments made by <ref href="#section-112">this section</ref> had not been made.</p></content></subsection></section></hcontainer>
<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="section-109"><num>109</num><heading>Amendment of customs tariff power</heading><subsection eId="section-109-1"><num>(1)</num><content><p>Section 8 of TCTA 2018 (the customs tariff) is amended as follows.</p></content></subsection><subsection eId="section-109-2"><num>(2)</num><content><p><mod>After subsection (3) insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><subsection><num>(3A)</num><content><p>The provision that the customs tariff may make under subsection (1)(c), by virtue of section 32(7), includes provision specifying different rates of import duty applicable to goods falling within a code by reference to their nature, origin or any other factor.</p></content></subsection></quotedStructure></mod></p></content></subsection><subsection eId="section-109-3"><num>(3)</num><content><p><mod>After subsection (8) insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><subsection><num>(9)</num><content><p>Regulations under this section may amend provision made under section 9 or 10 so as to provide that the rate of import duty that applies to goods in a standard case applies in any specified case to which either of those sections applies (instead of the rate of import duty for the time being applicable by virtue of provision made under either of them).</p></content></subsection></quotedStructure></mod></p></content></subsection></section>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-109-1"><num>(1)</num><content><p>Section 8 of TCTA 2018 (the customs tariff) is amended as follows.</p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="section-109-2"><num>(2)</num><content><p><mod>After subsection (3) insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><subsection><num>(3A)</num><content><p>The provision that the customs tariff may make under subsection (1)(c), by virtue of section 32(7), includes provision specifying different rates of import duty applicable to goods falling within a code by reference to their nature, origin or any other factor.</p></content></subsection></quotedStructure></mod></p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="section-109-3"><num>(3)</num><content><p><mod>After subsection (8) insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><subsection><num>(9)</num><content><p>Regulations under this section may amend provision made under section 9 or 10 so as to provide that the rate of import duty that applies to goods in a standard case applies in any specified case to which either of those sections applies (instead of the rate of import duty for the time being applicable by virtue of provision made under either of them).</p></content></subsection></quotedStructure></mod></p></content></subsection>
<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="section-110"><num>110</num><heading>Dumping and subsidisation investigations</heading><subsection eId="section-110-1"><num>(1)</num><content><p>Schedule 4 to TCTA 2018 (dumping of goods or foreign subsidies causing injury to UK industry) is amended as follows.</p></content></subsection><subsection eId="section-110-2"><num>(2)</num><content><p><mod>In the italic heading before paragraph 9, after “investigation” insert <quotedText>“: request made to TRA”</quotedText>.</mod></p></content></subsection><subsection eId="section-110-3"><num>(3)</num><intro><p>In paragraph 9 (initiation of a dumping or a subsidisation investigation)—</p></intro><level class="para1" eId="section-110-3-a"><num>(a)</num><intro><p>in sub-paragraph (1)—</p></intro><level class="para2" eId="section-110-3-a-i"><num>(i)</num><content><p>in the opening words, omit “only”;</p></content></level><level class="para2" eId="section-110-3-a-ii"><num>(ii)</num><content><p>in paragraph (a), omit sub-paragraph (ii) and the “or” before it;</p></content></level></level><level class="para1" eId="section-110-3-b"><num>(b)</num><intro><p>in sub-paragraph (2)—</p></intro><level class="para2" eId="section-110-3-b-i"><num>(i)</num><content><p>in paragraph (a), omit “in the case of an application under sub-paragraph (1)(a)(i),”;</p></content></level><level class="para2" eId="section-110-3-b-ii"><num>(ii)</num><content><p>omit paragraph (b).</p></content></level></level></subsection><subsection eId="section-110-4"><num>(4)</num><content><p><mod>After paragraph 9 insert—<quotedStructure startQuote="“" endQuote="”" uk:context="schedule" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="schedule" ukl:Format="double"><hcontainer name="crossheading" class="schGroup7"><heading>Initiation of a dumping or a subsidisation investigation: Secretary of State direction</heading><paragraph class="schProv1"><num>9A</num><subparagraph eId="d28e23446"><num>(1)</num><intro><p>The Secretary of State may, in exceptional circumstances, direct the TRA to initiate a dumping or a subsidisation investigation in relation to goods if the Secretary of State is satisfied that—</p></intro><level class="para1" eId="d28e23452"><num>(a)</num><intro><p>there is sufficient evidence that—</p></intro><level class="para2"><num>(i)</num><content><p>the goods have been or are being dumped in the United Kingdom and the dumping has caused or is causing injury to a UK industry in those goods, or</p></content></level><level class="para2"><num>(ii)</num><content><p>as the case may be, the goods have been or are being imported into the United Kingdom and are subsidised, and the importation of the subsidised goods has caused or is causing injury to a UK industry in those goods, and</p></content></level></level><level class="para1" eId="d28e23470"><num>(b)</num><intro><p>it appears from that evidence that—</p></intro><level class="para2" eId="d28e23476"><num>(i)</num><content><p>the volume of dumped goods (whether actual or potential), and the injury, is more than negligible, and the margin of dumping in relation to those goods is more than minimal, or</p></content></level><level class="para2" eId="d28e23482"><num>(ii)</num><content><p>as the case may be, the volume of subsidised goods (whether actual or potential), and the injury, is more than negligible, and the amount of the subsidy in relation to those goods is more than minimal.</p></content></level></level></subparagraph><subparagraph><num>(2)</num><intro><p>Regulations may make provision about—</p></intro><level class="para1"><num>(a)</num><intro><p>the giving of directions under sub-paragraph <ref href="#d28e23446">(1)</ref>, including in particular provision about—</p></intro><level class="para2"><num>(i)</num><content><p>the form and content of directions;</p></content></level><level class="para2"><num>(ii)</num><content><p>when directions are made for the purposes of sub-paragraph <ref href="#d28e23446">(1)</ref>;</p></content></level><level class="para2"><num>(iii)</num><content><p>the publication of directions;</p></content></level></level><level class="para1"><num>(b)</num><content><p>what constitutes or does not constitute “negligible” and “<term refersTo="#term-minimal">minimal</term>” for the purposes of sub-paragraph <ref href="#d28e23446">(1)</ref><ref href="#d28e23470">(b)</ref><ref href="#d28e23476">(i)</ref> or <ref href="#d28e23482">(ii)</ref>;</p></content></level><level class="para1"><num>(c)</num><content><p>how it is to be determined for those purposes whether those thresholds have been exceeded.</p></content></level></subparagraph><subparagraph><num>(3)</num><content><p>Before giving a direction under sub-paragraph <ref href="#d28e23446">(1)</ref>, the Secretary of State must consult the TRA.</p></content></subparagraph><subparagraph><num>(4)</num><content><p>The TRA must comply with a direction given under sub-paragraph <ref href="#d28e23446">(1)</ref>.</p></content></subparagraph><subparagraph eId="d28e23567"><num>(5)</num><intro><p>Where the Secretary of State gives a direction under sub-paragraph <ref href="#d28e23446">(1)</ref> in respect of a dumping investigation, the TRA must take the following steps in the order in which they are set out—</p></intro><level class="para1"><num>(a)</num><content><p>notify the governments of the relevant foreign countries or territories;</p></content></level><level class="para1"><num>(b)</num><content><p>initiate the investigation;</p></content></level><level class="para1" eId="d28e23588"><num>(c)</num><content><p>publish notice that it has initiated the investigation (including notice of the goods which are the subject of the investigation);</p></content></level><level class="para1" eId="d28e23594"><num>(d)</num><content><p>notify the Secretary of State and interested parties (see paragraph 32(3)) accordingly.</p></content></level></subparagraph><subparagraph eId="d28e23600"><num>(6)</num><intro><p>Where the Secretary of State gives a direction under sub-paragraph <ref href="#d28e23446">(1)</ref> in respect of a subsidisation investigation, the TRA must take the following steps in the order in which they are set out—</p></intro><level class="para1"><num>(a)</num><content><p>invite the governments of the relevant foreign countries or territories to participate in consultations;</p></content></level><level class="para1"><num>(b)</num><content><p>initiate the investigation;</p></content></level><level class="para1" eId="d28e23621"><num>(c)</num><content><p>publish notice that it has initiated the investigation (including notice of the goods which are the subject of the investigation);</p></content></level><level class="para1" eId="d28e23627"><num>(d)</num><content><p>notify the Secretary of State and interested parties accordingly.</p></content></level></subparagraph><subparagraph><num>(7)</num><content><p>Notices under sub-paragraphs <ref href="#d28e23567">(5)</ref><ref href="#d28e23588">(c)</ref> and <ref href="#d28e23594">(d)</ref> and <ref href="#d28e23600">(6)</ref><ref href="#d28e23621">(c)</ref> and <ref href="#d28e23627">(d)</ref> must specify the date of the initiation of the investigation.</p></content></subparagraph><subparagraph><num>(8)</num><content><p>Nothing in this paragraph prevents the Secretary of State from directing the TRA to initiate both a dumping investigation and a subsidisation investigation in relation to the same goods if the requirements of sub-paragraph <ref href="#d28e23446">(1)</ref><ref href="#d28e23452">(a)</ref> and <ref href="#d28e23470">(b)</ref> are met in the case of each investigation.</p></content></subparagraph><subparagraph><num>(9)</num><intro><p>In this paragraph “<term refersTo="#term-relevant-foreign-country-or-territory">relevant foreign country or territory</term>” means—</p></intro><level class="para1"><num>(a)</num><content><p>in the case of a direction to initiate a dumping investigation, the exporting foreign country or territory (within the meaning of paragraph 1(2)) of the alleged dumped goods;</p></content></level><level class="para1"><num>(b)</num><content><p>in the case of a direction to initiate a subsidisation investigation, a foreign country or territory within whose territory is located a foreign authority which is alleged to have granted one or more of the subsidies in question.</p></content></level></subparagraph></paragraph></hcontainer></quotedStructure></mod></p></content></subsection><subsection eId="section-110-5"><num>(5)</num><content><p><mod>In paragraph 10(2) (conduct of a dumping or a subsidisation investigation), after paragraph (d) insert—<quotedStructure startQuote="“" endQuote="”" uk:context="schedule" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="schedule" ukl:Format="double"><level class="para1"><num>(da)</num><content><p>the information which must or may be provided or made available by the Secretary of State to the TRA or others in connection with the giving of a direction to initiate a dumping or a subsidisation investigation;</p></content></level></quotedStructure><inline name="appendText">.</inline></mod></p></content></subsection><subsection eId="section-110-6"><num>(6)</num><intro><p>In paragraph 17(8B) (TRA’s duty to recommend an anti-dumping amount or countervailing amount)—</p></intro><level class="para1" eId="section-110-6-a"><num>(a)</num><content><p><mod>for “The Secretary of State may by regulations” substitute <quotedText>“Regulations may”</quotedText>;</mod></p></content></level><level class="para1" eId="section-110-6-b"><num>(b)</num><content><p><mod>after “specified circumstances, to” insert <quotedText>“give or”</quotedText>.</mod></p></content></level></subsection><subsection eId="section-110-7"><num>(7)</num><intro><p>In paragraph 18 (TRA's recommendations about an anti-dumping amount or a countervailing amount)—</p></intro><level class="para1" eId="section-110-7-a"><num>(a)</num><content><p>in sub-paragraph (6), omit paragraph (b) and the “or” before it;</p></content></level><level class="para1" eId="section-110-7-b"><num>(b)</num><content><p><mod>after sub-paragraph (6) insert—<quotedStructure startQuote="“" endQuote="”" uk:context="schedule" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="schedule" ukl:Format="double"><subparagraph><num>(6A)</num><content><p>Regulations may provide that a recommendation must be such that an anti-dumping amount or a countervailing amount applicable to goods does not exceed a specified amount that is lower than the amount referred to in sub-paragraph (6)(a).</p></content></subparagraph></quotedStructure><inline name="appendText">;</inline></mod></p></content></level><level class="para1" eId="section-110-7-c"><num>(c)</num><content><p><mod>in sub-paragraph (7) omit the words from “for the purposes of” to the end and insert <quotedText>“about how an amount specified in regulations under sub-paragraph (6A) is to be determined by the TRA”</quotedText>.</mod></p></content></level></subsection></section>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-110-1"><num>(1)</num><content><p>Schedule 4 to TCTA 2018 (dumping of goods or foreign subsidies causing injury to UK industry) is amended as follows.</p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-110-2"><num>(2)</num><content><p><mod>In the italic heading before paragraph 9, after “investigation” insert <quotedText>“: request made to TRA”</quotedText>.</mod></p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-110-3"><num>(3)</num><intro><p>In paragraph 9 (initiation of a dumping or a subsidisation investigation)—</p></intro><level class="para1" eId="section-110-3-a"><num>(a)</num><intro><p>in sub-paragraph (1)—</p></intro><level class="para2" eId="section-110-3-a-i"><num>(i)</num><content><p>in the opening words, omit “only”;</p></content></level><level class="para2" eId="section-110-3-a-ii"><num>(ii)</num><content><p>in paragraph (a), omit sub-paragraph (ii) and the “or” before it;</p></content></level></level><level class="para1" eId="section-110-3-b"><num>(b)</num><intro><p>in sub-paragraph (2)—</p></intro><level class="para2" eId="section-110-3-b-i"><num>(i)</num><content><p>in paragraph (a), omit “in the case of an application under sub-paragraph (1)(a)(i),”;</p></content></level><level class="para2" eId="section-110-3-b-ii"><num>(ii)</num><content><p>omit paragraph (b).</p></content></level></level></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-110-3-a"><num>(a)</num><intro><p>in sub-paragraph (1)—</p></intro><level class="para2" eId="section-110-3-a-i"><num>(i)</num><content><p>in the opening words, omit “only”;</p></content></level><level class="para2" eId="section-110-3-a-ii"><num>(ii)</num><content><p>in paragraph (a), omit sub-paragraph (ii) and the “or” before it;</p></content></level></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para2" eId="section-110-3-a-i"><num>(i)</num><content><p>in the opening words, omit “only”;</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para2" eId="section-110-3-a-ii"><num>(ii)</num><content><p>in paragraph (a), omit sub-paragraph (ii) and the “or” before it;</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-110-3-b"><num>(b)</num><intro><p>in sub-paragraph (2)—</p></intro><level class="para2" eId="section-110-3-b-i"><num>(i)</num><content><p>in paragraph (a), omit “in the case of an application under sub-paragraph (1)(a)(i),”;</p></content></level><level class="para2" eId="section-110-3-b-ii"><num>(ii)</num><content><p>omit paragraph (b).</p></content></level></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para2" eId="section-110-3-b-i"><num>(i)</num><content><p>in paragraph (a), omit “in the case of an application under sub-paragraph (1)(a)(i),”;</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para2" eId="section-110-3-b-ii"><num>(ii)</num><content><p>omit paragraph (b).</p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="section-110-4"><num>(4)</num><content><p><mod>After paragraph 9 insert—<quotedStructure startQuote="“" endQuote="”" uk:context="schedule" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="schedule" ukl:Format="double"><hcontainer name="crossheading" class="schGroup7"><heading>Initiation of a dumping or a subsidisation investigation: Secretary of State direction</heading><paragraph class="schProv1"><num>9A</num><subparagraph eId="d28e23446"><num>(1)</num><intro><p>The Secretary of State may, in exceptional circumstances, direct the TRA to initiate a dumping or a subsidisation investigation in relation to goods if the Secretary of State is satisfied that—</p></intro><level class="para1" eId="d28e23452"><num>(a)</num><intro><p>there is sufficient evidence that—</p></intro><level class="para2"><num>(i)</num><content><p>the goods have been or are being dumped in the United Kingdom and the dumping has caused or is causing injury to a UK industry in those goods, or</p></content></level><level class="para2"><num>(ii)</num><content><p>as the case may be, the goods have been or are being imported into the United Kingdom and are subsidised, and the importation of the subsidised goods has caused or is causing injury to a UK industry in those goods, and</p></content></level></level><level class="para1" eId="d28e23470"><num>(b)</num><intro><p>it appears from that evidence that—</p></intro><level class="para2" eId="d28e23476"><num>(i)</num><content><p>the volume of dumped goods (whether actual or potential), and the injury, is more than negligible, and the margin of dumping in relation to those goods is more than minimal, or</p></content></level><level class="para2" eId="d28e23482"><num>(ii)</num><content><p>as the case may be, the volume of subsidised goods (whether actual or potential), and the injury, is more than negligible, and the amount of the subsidy in relation to those goods is more than minimal.</p></content></level></level></subparagraph><subparagraph><num>(2)</num><intro><p>Regulations may make provision about—</p></intro><level class="para1"><num>(a)</num><intro><p>the giving of directions under sub-paragraph <ref href="#d28e23446">(1)</ref>, including in particular provision about—</p></intro><level class="para2"><num>(i)</num><content><p>the form and content of directions;</p></content></level><level class="para2"><num>(ii)</num><content><p>when directions are made for the purposes of sub-paragraph <ref href="#d28e23446">(1)</ref>;</p></content></level><level class="para2"><num>(iii)</num><content><p>the publication of directions;</p></content></level></level><level class="para1"><num>(b)</num><content><p>what constitutes or does not constitute “negligible” and “<term refersTo="#term-minimal">minimal</term>” for the purposes of sub-paragraph <ref href="#d28e23446">(1)</ref><ref href="#d28e23470">(b)</ref><ref href="#d28e23476">(i)</ref> or <ref href="#d28e23482">(ii)</ref>;</p></content></level><level class="para1"><num>(c)</num><content><p>how it is to be determined for those purposes whether those thresholds have been exceeded.</p></content></level></subparagraph><subparagraph><num>(3)</num><content><p>Before giving a direction under sub-paragraph <ref href="#d28e23446">(1)</ref>, the Secretary of State must consult the TRA.</p></content></subparagraph><subparagraph><num>(4)</num><content><p>The TRA must comply with a direction given under sub-paragraph <ref href="#d28e23446">(1)</ref>.</p></content></subparagraph><subparagraph eId="d28e23567"><num>(5)</num><intro><p>Where the Secretary of State gives a direction under sub-paragraph <ref href="#d28e23446">(1)</ref> in respect of a dumping investigation, the TRA must take the following steps in the order in which they are set out—</p></intro><level class="para1"><num>(a)</num><content><p>notify the governments of the relevant foreign countries or territories;</p></content></level><level class="para1"><num>(b)</num><content><p>initiate the investigation;</p></content></level><level class="para1" eId="d28e23588"><num>(c)</num><content><p>publish notice that it has initiated the investigation (including notice of the goods which are the subject of the investigation);</p></content></level><level class="para1" eId="d28e23594"><num>(d)</num><content><p>notify the Secretary of State and interested parties (see paragraph 32(3)) accordingly.</p></content></level></subparagraph><subparagraph eId="d28e23600"><num>(6)</num><intro><p>Where the Secretary of State gives a direction under sub-paragraph <ref href="#d28e23446">(1)</ref> in respect of a subsidisation investigation, the TRA must take the following steps in the order in which they are set out—</p></intro><level class="para1"><num>(a)</num><content><p>invite the governments of the relevant foreign countries or territories to participate in consultations;</p></content></level><level class="para1"><num>(b)</num><content><p>initiate the investigation;</p></content></level><level class="para1" eId="d28e23621"><num>(c)</num><content><p>publish notice that it has initiated the investigation (including notice of the goods which are the subject of the investigation);</p></content></level><level class="para1" eId="d28e23627"><num>(d)</num><content><p>notify the Secretary of State and interested parties accordingly.</p></content></level></subparagraph><subparagraph><num>(7)</num><content><p>Notices under sub-paragraphs <ref href="#d28e23567">(5)</ref><ref href="#d28e23588">(c)</ref> and <ref href="#d28e23594">(d)</ref> and <ref href="#d28e23600">(6)</ref><ref href="#d28e23621">(c)</ref> and <ref href="#d28e23627">(d)</ref> must specify the date of the initiation of the investigation.</p></content></subparagraph><subparagraph><num>(8)</num><content><p>Nothing in this paragraph prevents the Secretary of State from directing the TRA to initiate both a dumping investigation and a subsidisation investigation in relation to the same goods if the requirements of sub-paragraph <ref href="#d28e23446">(1)</ref><ref href="#d28e23452">(a)</ref> and <ref href="#d28e23470">(b)</ref> are met in the case of each investigation.</p></content></subparagraph><subparagraph><num>(9)</num><intro><p>In this paragraph “<term refersTo="#term-relevant-foreign-country-or-territory">relevant foreign country or territory</term>” means—</p></intro><level class="para1"><num>(a)</num><content><p>in the case of a direction to initiate a dumping investigation, the exporting foreign country or territory (within the meaning of paragraph 1(2)) of the alleged dumped goods;</p></content></level><level class="para1"><num>(b)</num><content><p>in the case of a direction to initiate a subsidisation investigation, a foreign country or territory within whose territory is located a foreign authority which is alleged to have granted one or more of the subsidies in question.</p></content></level></subparagraph></paragraph></hcontainer></quotedStructure></mod></p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="section-110-5"><num>(5)</num><content><p><mod>In paragraph 10(2) (conduct of a dumping or a subsidisation investigation), after paragraph (d) insert—<quotedStructure startQuote="“" endQuote="”" uk:context="schedule" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="schedule" ukl:Format="double"><level class="para1"><num>(da)</num><content><p>the information which must or may be provided or made available by the Secretary of State to the TRA or others in connection with the giving of a direction to initiate a dumping or a subsidisation investigation;</p></content></level></quotedStructure><inline name="appendText">.</inline></mod></p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-110-6"><num>(6)</num><intro><p>In paragraph 17(8B) (TRA’s duty to recommend an anti-dumping amount or countervailing amount)—</p></intro><level class="para1" eId="section-110-6-a"><num>(a)</num><content><p><mod>for “The Secretary of State may by regulations” substitute <quotedText>“Regulations may”</quotedText>;</mod></p></content></level><level class="para1" eId="section-110-6-b"><num>(b)</num><content><p><mod>after “specified circumstances, to” insert <quotedText>“give or”</quotedText>.</mod></p></content></level></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-110-6-a"><num>(a)</num><content><p><mod>for “The Secretary of State may by regulations” substitute <quotedText>“Regulations may”</quotedText>;</mod></p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-110-6-b"><num>(b)</num><content><p><mod>after “specified circumstances, to” insert <quotedText>“give or”</quotedText>.</mod></p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="section-110-7"><num>(7)</num><intro><p>In paragraph 18 (TRA's recommendations about an anti-dumping amount or a countervailing amount)—</p></intro><level class="para1" eId="section-110-7-a"><num>(a)</num><content><p>in sub-paragraph (6), omit paragraph (b) and the “or” before it;</p></content></level><level class="para1" eId="section-110-7-b"><num>(b)</num><content><p><mod>after sub-paragraph (6) insert—<quotedStructure startQuote="“" endQuote="”" uk:context="schedule" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="schedule" ukl:Format="double"><subparagraph><num>(6A)</num><content><p>Regulations may provide that a recommendation must be such that an anti-dumping amount or a countervailing amount applicable to goods does not exceed a specified amount that is lower than the amount referred to in sub-paragraph (6)(a).</p></content></subparagraph></quotedStructure><inline name="appendText">;</inline></mod></p></content></level><level class="para1" eId="section-110-7-c"><num>(c)</num><content><p><mod>in sub-paragraph (7) omit the words from “for the purposes of” to the end and insert <quotedText>“about how an amount specified in regulations under sub-paragraph (6A) is to be determined by the TRA”</quotedText>.</mod></p></content></level></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-110-7-a"><num>(a)</num><content><p>in sub-paragraph (6), omit paragraph (b) and the “or” before it;</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" class="para1" eId="section-110-7-b"><num>(b)</num><content><p><mod>after sub-paragraph (6) insert—<quotedStructure startQuote="“" endQuote="”" uk:context="schedule" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="schedule" ukl:Format="double"><subparagraph><num>(6A)</num><content><p>Regulations may provide that a recommendation must be such that an anti-dumping amount or a countervailing amount applicable to goods does not exceed a specified amount that is lower than the amount referred to in sub-paragraph (6)(a).</p></content></subparagraph></quotedStructure><inline name="appendText">;</inline></mod></p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-110-7-c"><num>(c)</num><content><p><mod>in sub-paragraph (7) omit the words from “for the purposes of” to the end and insert <quotedText>“about how an amount specified in regulations under sub-paragraph (6A) is to be determined by the TRA”</quotedText>.</mod></p></content></level>
<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="section-111"><num>111</num><heading>Safeguarding investigations</heading><subsection eId="section-111-1"><num>(1)</num><content><p>Schedule 5 to TCTA 2018 (increase in imports causing serious injury to UK producers) is amended in accordance with subsections <ref href="#section-111-2">(2)</ref> to <ref href="#section-111-5">(5)</ref>.</p></content></subsection><subsection eId="section-111-2"><num>(2)</num><content><p><mod>In the italic heading before paragraph 7, after “investigation” insert <quotedText>“: request made to TRA”</quotedText>.</mod></p></content></subsection><subsection eId="section-111-3"><num>(3)</num><intro><p>In paragraph 7 (initiation of a safeguarding investigation)—</p></intro><level class="para1" eId="section-111-3-a"><num>(a)</num><intro><p>in sub-paragraph (1)—</p></intro><level class="para2" eId="section-111-3-a-i"><num>(i)</num><content><p>in the opening words, omit “only”;</p></content></level><level class="para2" eId="section-111-3-a-ii"><num>(ii)</num><content><p>in paragraph (a), omit sub-paragraph (ii) and the “or” before it;</p></content></level></level><level class="para1" eId="section-111-3-b"><num>(b)</num><intro><p>in sub-paragraph (2)—</p></intro><level class="para2" eId="section-111-3-b-i"><num>(i)</num><content><p>in paragraph (a), omit “in the case of an application under sub-paragraph (1)(a)(i),”;</p></content></level><level class="para2" eId="section-111-3-b-ii"><num>(ii)</num><content><p>omit paragraph (b);</p></content></level></level><level class="para1" eId="section-111-3-c"><num>(c)</num><intro><p>in sub-paragraph (3)—</p></intro><level class="para2" eId="section-111-3-c-i"><num>(i)</num><content><p>in paragraph (a), omit “in the case of an application under sub-paragraph (1)(a)(i),”;</p></content></level><level class="para2" eId="section-111-3-c-ii"><num>(ii)</num><content><p>omit paragraph (b).</p></content></level></level></subsection><subsection eId="section-111-4"><num>(4)</num><content><p><mod>After paragraph 7 insert—<quotedStructure startQuote="“" endQuote="”" uk:context="schedule" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="schedule" ukl:Format="double"><hcontainer name="crossheading" class="schGroup7"><heading>Initiation of a safeguarding investigation: Secretary of State direction</heading><paragraph eId="d28e23863" class="schProv1"><num>7A</num><subparagraph eId="d28e23867"><num>(1)</num><intro><p>The Secretary of State may direct the TRA to initiate a safeguarding investigation in relation to goods if the Secretary of State is satisfied that there is sufficient evidence that—</p></intro><level class="para1"><num>(a)</num><content><p>the goods have been or are being imported into the United Kingdom in increased quantities, and</p></content></level><level class="para1"><num>(b)</num><content><p>the importation of the goods in increased quantities has caused or is causing serious injury to UK producers of those goods.</p></content></level></subparagraph><subparagraph><num>(2)</num><content><p>A direction given under sub-paragraph <ref href="#d28e23867">(1)</ref> may be accompanied by a preliminary adjustment plan setting out how UK producers of the goods might be able to adjust to the importation of the goods in increased quantities.</p></content></subparagraph><subparagraph><num>(3)</num><intro><p>Regulations may make provision about—</p></intro><level class="para1"><num>(a)</num><intro><p>the giving of directions under sub-paragraph <ref href="#d28e23867">(1)</ref>, including in particular provision about—</p></intro><level class="para2"><num>(i)</num><content><p>the form and content of directions;</p></content></level><level class="para2"><num>(ii)</num><content><p>when directions are made for the purposes of sub-paragraph <ref href="#d28e23867">(1)</ref>;</p></content></level><level class="para2"><num>(iii)</num><content><p>the publication of directions;</p></content></level></level><level class="para1"><num>(b)</num><content><p>the form and content of a preliminary adjustment plan.</p></content></level></subparagraph><subparagraph><num>(4)</num><content><p>Before giving a direction under sub-paragraph <ref href="#d28e23867">(1)</ref>, the Secretary of State must consult the TRA.</p></content></subparagraph><subparagraph><num>(5)</num><content><p>The TRA must comply with a direction given under sub-paragraph <ref href="#d28e23867">(1)</ref>.</p></content></subparagraph><subparagraph eId="d28e23954"><num>(6)</num><intro><p>Where the Secretary of State gives a direction under sub-paragraph <ref href="#d28e23867">(1)</ref> in respect of a safeguarding investigation, the TRA must take the following steps in the order in which they are set out—</p></intro><level class="para1"><num>(a)</num><content><p>initiate the investigation;</p></content></level><level class="para1" eId="d28e23969"><num>(b)</num><content><p>publish notice that it has initiated the investigation (including notice of the goods which are the subject of the investigation);</p></content></level><level class="para1" eId="d28e23975"><num>(c)</num><content><p>notify the Secretary of State and interested parties (see paragraph 31(3)) accordingly.</p></content></level></subparagraph><subparagraph><num>(7)</num><content><p>Notices under sub-paragraph <ref href="#d28e23954">(6)</ref><ref href="#d28e23969">(b)</ref> and <ref href="#d28e23975">(c)</ref> must specify the date of the initiation of the investigation.</p></content></subparagraph></paragraph></hcontainer></quotedStructure></mod></p></content></subsection><subsection eId="section-111-5"><num>(5)</num><content><p><mod>In paragraph 16 (final affirmative determination), for sub-paragraph (6) substitute—<quotedStructure startQuote="“" endQuote="”" uk:context="schedule" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="schedule" ukl:Format="double"><subparagraph><num>(6)</num><intro><p>But the requirement in sub-paragraph (5)(b) does not apply in a case where—</p></intro><level class="para1"><num>(a)</num><content><p>the safeguarding investigation was initiated in accordance with paragraph 7 (application made by or on behalf of UK producers) and the TRA waived the requirement for the application to initiate the safeguarding investigation to be accompanied by a preliminary adjustment plan, or</p></content></level><level class="para1"><num>(b)</num><content><p>the safeguarding investigation was initiated in accordance with paragraph <ref href="#d28e23863">7A</ref> (Secretary of State direction) and the TRA waives the requirement in sub-paragraph (5)(b) of this paragraph.</p></content></level></subparagraph></quotedStructure></mod></p></content></subsection><subsection eId="section-111-6"><num>(6)</num><content><p>Schedule 5A to TCTA 2018 (increase in imports as a result of free trade agreement causing serious injury to UK producers) is amended in accordance with subsections <ref href="#section-111-7">(7)</ref> and <ref href="#section-111-8">(8)</ref>.</p></content></subsection><subsection eId="section-111-7"><num>(7)</num><content><p><mod>In paragraph 5 (initiation of a bilateral safeguarding investigation), for sub-paragraphs (3) and (4) substitute—<quotedStructure startQuote="“" endQuote="”" uk:context="schedule" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="schedule" ukl:Format="double"><subparagraph><num>(3)</num><intro><p>Sub-paragraph (2) is to be read as if in paragraph (a)—</p></intro><level class="para1"><num>(a)</num><content><p><mod>for “the TRA” there were substituted <quotedText>“the Secretary of State”</quotedText>;</mod></p></content></level><level class="para1"><num>(b)</num><content><p><mod>for “applicant UK producers” there were substituted <quotedText>“UK producers of the goods”</quotedText>.</mod></p></content></level></subparagraph><subparagraph><num>(4)</num><content><p><mod>Sub-paragraph (3) is to be read as if in paragraph (a), for “the applicant UK producers think they” there were substituted <quotedText>“UK producers of the goods”</quotedText>.</mod></p></content></subparagraph></quotedStructure></mod></p></content></subsection><subsection eId="section-111-8"><num>(8)</num><content><p><mod>After paragraph 5 insert—<quotedStructure startQuote="“" endQuote="”" uk:context="schedule" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="schedule" ukl:Format="double"><paragraph class="schProv1"><num>5A</num><content><p>Paragraph 7A (Secretary of State direction to initiate safeguarding investigation) does not apply.</p></content></paragraph></quotedStructure></mod></p></content></subsection><subsection eId="section-111-9"><num>(9)</num><content><p>This section and section <ref href="#section-110">110</ref> come into force on such day as the Secretary of State may by regulations made by statutory instrument appoint; and different days may be appointed for different purposes.</p></content></subsection></section>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-111-1"><num>(1)</num><content><p>Schedule 5 to TCTA 2018 (increase in imports causing serious injury to UK producers) is amended in accordance with subsections <ref href="#section-111-2">(2)</ref> to <ref href="#section-111-5">(5)</ref>.</p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-111-2"><num>(2)</num><content><p><mod>In the italic heading before paragraph 7, after “investigation” insert <quotedText>“: request made to TRA”</quotedText>.</mod></p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-111-3"><num>(3)</num><intro><p>In paragraph 7 (initiation of a safeguarding investigation)—</p></intro><level class="para1" eId="section-111-3-a"><num>(a)</num><intro><p>in sub-paragraph (1)—</p></intro><level class="para2" eId="section-111-3-a-i"><num>(i)</num><content><p>in the opening words, omit “only”;</p></content></level><level class="para2" eId="section-111-3-a-ii"><num>(ii)</num><content><p>in paragraph (a), omit sub-paragraph (ii) and the “or” before it;</p></content></level></level><level class="para1" eId="section-111-3-b"><num>(b)</num><intro><p>in sub-paragraph (2)—</p></intro><level class="para2" eId="section-111-3-b-i"><num>(i)</num><content><p>in paragraph (a), omit “in the case of an application under sub-paragraph (1)(a)(i),”;</p></content></level><level class="para2" eId="section-111-3-b-ii"><num>(ii)</num><content><p>omit paragraph (b);</p></content></level></level><level class="para1" eId="section-111-3-c"><num>(c)</num><intro><p>in sub-paragraph (3)—</p></intro><level class="para2" eId="section-111-3-c-i"><num>(i)</num><content><p>in paragraph (a), omit “in the case of an application under sub-paragraph (1)(a)(i),”;</p></content></level><level class="para2" eId="section-111-3-c-ii"><num>(ii)</num><content><p>omit paragraph (b).</p></content></level></level></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-111-3-a"><num>(a)</num><intro><p>in sub-paragraph (1)—</p></intro><level class="para2" eId="section-111-3-a-i"><num>(i)</num><content><p>in the opening words, omit “only”;</p></content></level><level class="para2" eId="section-111-3-a-ii"><num>(ii)</num><content><p>in paragraph (a), omit sub-paragraph (ii) and the “or” before it;</p></content></level></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para2" eId="section-111-3-a-i"><num>(i)</num><content><p>in the opening words, omit “only”;</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para2" eId="section-111-3-a-ii"><num>(ii)</num><content><p>in paragraph (a), omit sub-paragraph (ii) and the “or” before it;</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-111-3-b"><num>(b)</num><intro><p>in sub-paragraph (2)—</p></intro><level class="para2" eId="section-111-3-b-i"><num>(i)</num><content><p>in paragraph (a), omit “in the case of an application under sub-paragraph (1)(a)(i),”;</p></content></level><level class="para2" eId="section-111-3-b-ii"><num>(ii)</num><content><p>omit paragraph (b);</p></content></level></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para2" eId="section-111-3-b-i"><num>(i)</num><content><p>in paragraph (a), omit “in the case of an application under sub-paragraph (1)(a)(i),”;</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para2" eId="section-111-3-b-ii"><num>(ii)</num><content><p>omit paragraph (b);</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-111-3-c"><num>(c)</num><intro><p>in sub-paragraph (3)—</p></intro><level class="para2" eId="section-111-3-c-i"><num>(i)</num><content><p>in paragraph (a), omit “in the case of an application under sub-paragraph (1)(a)(i),”;</p></content></level><level class="para2" eId="section-111-3-c-ii"><num>(ii)</num><content><p>omit paragraph (b).</p></content></level></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para2" eId="section-111-3-c-i"><num>(i)</num><content><p>in paragraph (a), omit “in the case of an application under sub-paragraph (1)(a)(i),”;</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para2" eId="section-111-3-c-ii"><num>(ii)</num><content><p>omit paragraph (b).</p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="section-111-4"><num>(4)</num><content><p><mod>After paragraph 7 insert—<quotedStructure startQuote="“" endQuote="”" uk:context="schedule" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="schedule" ukl:Format="double"><hcontainer name="crossheading" class="schGroup7"><heading>Initiation of a safeguarding investigation: Secretary of State direction</heading><paragraph eId="d28e23863" class="schProv1"><num>7A</num><subparagraph eId="d28e23867"><num>(1)</num><intro><p>The Secretary of State may direct the TRA to initiate a safeguarding investigation in relation to goods if the Secretary of State is satisfied that there is sufficient evidence that—</p></intro><level class="para1"><num>(a)</num><content><p>the goods have been or are being imported into the United Kingdom in increased quantities, and</p></content></level><level class="para1"><num>(b)</num><content><p>the importation of the goods in increased quantities has caused or is causing serious injury to UK producers of those goods.</p></content></level></subparagraph><subparagraph><num>(2)</num><content><p>A direction given under sub-paragraph <ref href="#d28e23867">(1)</ref> may be accompanied by a preliminary adjustment plan setting out how UK producers of the goods might be able to adjust to the importation of the goods in increased quantities.</p></content></subparagraph><subparagraph><num>(3)</num><intro><p>Regulations may make provision about—</p></intro><level class="para1"><num>(a)</num><intro><p>the giving of directions under sub-paragraph <ref href="#d28e23867">(1)</ref>, including in particular provision about—</p></intro><level class="para2"><num>(i)</num><content><p>the form and content of directions;</p></content></level><level class="para2"><num>(ii)</num><content><p>when directions are made for the purposes of sub-paragraph <ref href="#d28e23867">(1)</ref>;</p></content></level><level class="para2"><num>(iii)</num><content><p>the publication of directions;</p></content></level></level><level class="para1"><num>(b)</num><content><p>the form and content of a preliminary adjustment plan.</p></content></level></subparagraph><subparagraph><num>(4)</num><content><p>Before giving a direction under sub-paragraph <ref href="#d28e23867">(1)</ref>, the Secretary of State must consult the TRA.</p></content></subparagraph><subparagraph><num>(5)</num><content><p>The TRA must comply with a direction given under sub-paragraph <ref href="#d28e23867">(1)</ref>.</p></content></subparagraph><subparagraph eId="d28e23954"><num>(6)</num><intro><p>Where the Secretary of State gives a direction under sub-paragraph <ref href="#d28e23867">(1)</ref> in respect of a safeguarding investigation, the TRA must take the following steps in the order in which they are set out—</p></intro><level class="para1"><num>(a)</num><content><p>initiate the investigation;</p></content></level><level class="para1" eId="d28e23969"><num>(b)</num><content><p>publish notice that it has initiated the investigation (including notice of the goods which are the subject of the investigation);</p></content></level><level class="para1" eId="d28e23975"><num>(c)</num><content><p>notify the Secretary of State and interested parties (see paragraph 31(3)) accordingly.</p></content></level></subparagraph><subparagraph><num>(7)</num><content><p>Notices under sub-paragraph <ref href="#d28e23954">(6)</ref><ref href="#d28e23969">(b)</ref> and <ref href="#d28e23975">(c)</ref> must specify the date of the initiation of the investigation.</p></content></subparagraph></paragraph></hcontainer></quotedStructure></mod></p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="section-111-5"><num>(5)</num><content><p><mod>In paragraph 16 (final affirmative determination), for sub-paragraph (6) substitute—<quotedStructure startQuote="“" endQuote="”" uk:context="schedule" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="schedule" ukl:Format="double"><subparagraph><num>(6)</num><intro><p>But the requirement in sub-paragraph (5)(b) does not apply in a case where—</p></intro><level class="para1"><num>(a)</num><content><p>the safeguarding investigation was initiated in accordance with paragraph 7 (application made by or on behalf of UK producers) and the TRA waived the requirement for the application to initiate the safeguarding investigation to be accompanied by a preliminary adjustment plan, or</p></content></level><level class="para1"><num>(b)</num><content><p>the safeguarding investigation was initiated in accordance with paragraph <ref href="#d28e23863">7A</ref> (Secretary of State direction) and the TRA waives the requirement in sub-paragraph (5)(b) of this paragraph.</p></content></level></subparagraph></quotedStructure></mod></p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-111-6"><num>(6)</num><content><p>Schedule 5A to TCTA 2018 (increase in imports as a result of free trade agreement causing serious injury to UK producers) is amended in accordance with subsections <ref href="#section-111-7">(7)</ref> and <ref href="#section-111-8">(8)</ref>.</p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="section-111-7"><num>(7)</num><content><p><mod>In paragraph 5 (initiation of a bilateral safeguarding investigation), for sub-paragraphs (3) and (4) substitute—<quotedStructure startQuote="“" endQuote="”" uk:context="schedule" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="schedule" ukl:Format="double"><subparagraph><num>(3)</num><intro><p>Sub-paragraph (2) is to be read as if in paragraph (a)—</p></intro><level class="para1"><num>(a)</num><content><p><mod>for “the TRA” there were substituted <quotedText>“the Secretary of State”</quotedText>;</mod></p></content></level><level class="para1"><num>(b)</num><content><p><mod>for “applicant UK producers” there were substituted <quotedText>“UK producers of the goods”</quotedText>.</mod></p></content></level></subparagraph><subparagraph><num>(4)</num><content><p><mod>Sub-paragraph (3) is to be read as if in paragraph (a), for “the applicant UK producers think they” there were substituted <quotedText>“UK producers of the goods”</quotedText>.</mod></p></content></subparagraph></quotedStructure></mod></p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="section-111-8"><num>(8)</num><content><p><mod>After paragraph 5 insert—<quotedStructure startQuote="“" endQuote="”" uk:context="schedule" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="schedule" ukl:Format="double"><paragraph class="schProv1"><num>5A</num><content><p>Paragraph 7A (Secretary of State direction to initiate safeguarding investigation) does not apply.</p></content></paragraph></quotedStructure></mod></p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-111-9"><num>(9)</num><content><p>This section and section <ref href="#section-110">110</ref> come into force on such day as the Secretary of State may by regulations made by statutory instrument appoint; and different days may be appointed for different purposes.</p></content></subsection>
<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="section-112"><num>112</num><heading>Customs facilities at approved wharves and other places</heading><subsection eId="section-112-1"><num>(1)</num><content><p><ref eId="c00140" href="https://www.legislation.gov.uk/ukpga/1979/2/section/20">Section 20</ref> of <ref eId="c00141" href="https://www.legislation.gov.uk/ukpga/1979/2/contents">CEMA 1979</ref> (approval of wharves) is amended as follows.</p></content></subsection><subsection eId="section-112-2"><num>(2)</num><intro><p>In <ref eId="c00142" href="https://www.legislation.gov.uk/ukpga/1979/2/section/20">subsection (1A)</ref>—</p></intro><level class="para1" eId="section-112-2-a"><num>(a)</num><content><p>omit the “or” after <ref eId="c00143" href="https://www.legislation.gov.uk/ukpga/1979/2/section/20">paragraph (a)</ref>,</p></content></level><level class="para1" eId="section-112-2-b"><num>(b)</num><content><p><mod>after <ref eId="c00144" href="https://www.legislation.gov.uk/ukpga/1979/2/section/20">paragraph (a)</ref> insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><level class="para1"><num>(aa)</num><content><p>impose conditions, or specify conditions which may be imposed, after an approval has been granted,</p></content></level></quotedStructure><inline name="appendText">.</inline></mod></p></content></level><level class="para1" eId="section-112-2-c"><num>(c)</num><content><p><mod>after <ref eId="c00145" href="https://www.legislation.gov.uk/ukpga/1979/2/section/20">paragraph (b)</ref> insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><level class="para1"><num>(c)</num><intro><p>specify restrictions—</p></intro><level class="para2"><num>(i)</num><content><p>that apply in all cases, or</p></content></level><level class="para2"><num>(ii)</num><content><p>which may be imposed, in any particular case, at the time of the approval,</p></content></level></level><level class="para1"><num>(d)</num><content><p>impose restrictions, or specify restrictions which may be imposed, after an approval has been granted, or</p></content></level><level class="para1"><num>(e)</num><content><p>provide for the imposition of conditions or restrictions by direction made by the Commissioners.</p></content></level></quotedStructure></mod></p></content></level></subsection><subsection eId="section-112-3"><num>(3)</num><content><p><mod>After <ref eId="c00146" href="https://www.legislation.gov.uk/ukpga/1979/2/section/20">subsection (1B)</ref> insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><subsection eId="d28e24201"><num>(1C)</num><intro><p>Conditions and restrictions which may be imposed by or specified in regulations under subsection (1A) include—</p></intro><level class="para1" eId="d28e24207"><num>(a)</num><content><p>conditions requiring the provision at the place approved under subsection (1) of specified facilities, services or infrastructure for purposes in connection with facilitating the administration, collection or enforcement of any duty of customs,</p></content></level><level class="para1" eId="d28e24213"><num>(b)</num><intro><p>conditions requiring the provision of specified facilities, services or infrastructure for such purposes otherwise than at the place approved under subsection (1), including conditions—</p></intro><level class="para2"><num>(i)</num><content><p>requiring that provision at a specified place,</p></content></level><level class="para2"><num>(ii)</num><content><p>requiring a person to whom an approval has been, or may be, given to propose a place at which facilities, services or infrastructure are to be provided, and</p></content></level><level class="para2"><num>(iii)</num><content><p>requiring the agreement of the Commissioners to any proposal for the provision of facilities, services or infrastructure at a place, and</p></content></level></level><level class="para1"><num>(c)</num><content><p>conditions and restrictions as respects the movements of goods between a place approved under subsection (1) and an off-site facility.</p></content></level></subsection><subsection><num>(1D)</num><intro><p>For the purposes of <ref href="#d28e24201">subsection (1C)</ref><ref href="#d28e24207">(a)</ref> and <ref href="#d28e24213">(b)</ref> “<term refersTo="#term-specified">specified</term>” means specified in—</p></intro><level class="para1"><num>(a)</num><content><p>the regulations,</p></content></level><level class="para1"><num>(b)</num><content><p>an approval under subsection (1), or</p></content></level><level class="para1"><num>(c)</num><content><p>a direction.</p></content></level></subsection><subsection><num>(1E)</num><content><p>For the purposes of this section and section 20A, an “<term refersTo="#term-off-site-facility">off-site facility</term>” means a place at which facilities, services or infrastructure are provided (in accordance with an approval or conditions attaching to it) other than a place approved under subsection (1).</p></content></subsection></quotedStructure></mod></p></content></subsection><subsection eId="section-112-4"><num>(4)</num><content><p>Section 20(A) of CEMA 1979 (approved wharves) is amended as follows.</p></content></subsection><subsection eId="section-112-5"><num>(5)</num><content><p>Renumber that section as section 20A.</p></content></subsection><subsection eId="section-112-6"><num>(6)</num><intro><p>In subsection (1)—</p></intro><level class="para1" eId="section-112-6-a"><num>(a)</num><content><p><mod>in paragraph (a), for “20” substitute <quotedText>“20(1)”</quotedText>, and</mod></p></content></level><level class="para1" eId="section-112-6-b"><num>(b)</num><content><p><mod>after that paragraph insert <quotedText startQuote="“">or</quotedText><quotedStructure endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="default"><level class="para1"><num>(aa)</num><content><p>an off-site facility.</p></content></level></quotedStructure></mod></p></content></level></subsection><subsection eId="section-112-7"><num>(7)</num><content><p><mod>In subsection (1A), after “imposed” insert <quotedText>“by or”</quotedText>.</mod></p></content></subsection><subsection eId="section-112-8"><num>(8)</num><content><p>The amendments made by <ref href="#section-112">this section</ref> come into force on the day on which this Act is passed.</p></content></subsection><subsection eId="section-112-9"><num>(9)</num><content><p>But <ref eId="c00147" href="https://www.legislation.gov.uk/ukpga/1979/2/contents">CEMA 1979</ref> continues to have effect, for any purpose in connection with duty under <ref eId="c00148" href="https://www.legislation.gov.uk/ukpga/2018/22/section/30A">section 30A</ref><ref eId="c00149" href="https://www.legislation.gov.uk/ukpga/2018/22/section/30A">(3)</ref> or <ref eId="c00150" href="https://www.legislation.gov.uk/ukpga/2018/22/section/40A">40A</ref> of <ref eId="c00151" href="https://www.legislation.gov.uk/ukpga/2018/22/contents">TCTA 2018</ref>, as if the amendments made by <ref href="#section-112">this section</ref> had not been made.</p></content></subsection></section>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-112-1"><num>(1)</num><content><p><ref eId="c00140" href="https://www.legislation.gov.uk/ukpga/1979/2/section/20">Section 20</ref> of <ref eId="c00141" href="https://www.legislation.gov.uk/ukpga/1979/2/contents">CEMA 1979</ref> (approval of wharves) is amended as follows.</p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="section-112-2"><num>(2)</num><intro><p>In <ref eId="c00142" href="https://www.legislation.gov.uk/ukpga/1979/2/section/20">subsection (1A)</ref>—</p></intro><level class="para1" eId="section-112-2-a"><num>(a)</num><content><p>omit the “or” after <ref eId="c00143" href="https://www.legislation.gov.uk/ukpga/1979/2/section/20">paragraph (a)</ref>,</p></content></level><level class="para1" eId="section-112-2-b"><num>(b)</num><content><p><mod>after <ref eId="c00144" href="https://www.legislation.gov.uk/ukpga/1979/2/section/20">paragraph (a)</ref> insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><level class="para1"><num>(aa)</num><content><p>impose conditions, or specify conditions which may be imposed, after an approval has been granted,</p></content></level></quotedStructure><inline name="appendText">.</inline></mod></p></content></level><level class="para1" eId="section-112-2-c"><num>(c)</num><content><p><mod>after <ref eId="c00145" href="https://www.legislation.gov.uk/ukpga/1979/2/section/20">paragraph (b)</ref> insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><level class="para1"><num>(c)</num><intro><p>specify restrictions—</p></intro><level class="para2"><num>(i)</num><content><p>that apply in all cases, or</p></content></level><level class="para2"><num>(ii)</num><content><p>which may be imposed, in any particular case, at the time of the approval,</p></content></level></level><level class="para1"><num>(d)</num><content><p>impose restrictions, or specify restrictions which may be imposed, after an approval has been granted, or</p></content></level><level class="para1"><num>(e)</num><content><p>provide for the imposition of conditions or restrictions by direction made by the Commissioners.</p></content></level></quotedStructure></mod></p></content></level></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-112-2-a"><num>(a)</num><content><p>omit the “or” after <ref eId="c00143" href="https://www.legislation.gov.uk/ukpga/1979/2/section/20">paragraph (a)</ref>,</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" class="para1" eId="section-112-2-b"><num>(b)</num><content><p><mod>after <ref eId="c00144" href="https://www.legislation.gov.uk/ukpga/1979/2/section/20">paragraph (a)</ref> insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><level class="para1"><num>(aa)</num><content><p>impose conditions, or specify conditions which may be imposed, after an approval has been granted,</p></content></level></quotedStructure><inline name="appendText">.</inline></mod></p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" class="para1" eId="section-112-2-c"><num>(c)</num><content><p><mod>after <ref eId="c00145" href="https://www.legislation.gov.uk/ukpga/1979/2/section/20">paragraph (b)</ref> insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><level class="para1"><num>(c)</num><intro><p>specify restrictions—</p></intro><level class="para2"><num>(i)</num><content><p>that apply in all cases, or</p></content></level><level class="para2"><num>(ii)</num><content><p>which may be imposed, in any particular case, at the time of the approval,</p></content></level></level><level class="para1"><num>(d)</num><content><p>impose restrictions, or specify restrictions which may be imposed, after an approval has been granted, or</p></content></level><level class="para1"><num>(e)</num><content><p>provide for the imposition of conditions or restrictions by direction made by the Commissioners.</p></content></level></quotedStructure></mod></p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="section-112-3"><num>(3)</num><content><p><mod>After <ref eId="c00146" href="https://www.legislation.gov.uk/ukpga/1979/2/section/20">subsection (1B)</ref> insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><subsection eId="d28e24201"><num>(1C)</num><intro><p>Conditions and restrictions which may be imposed by or specified in regulations under subsection (1A) include—</p></intro><level class="para1" eId="d28e24207"><num>(a)</num><content><p>conditions requiring the provision at the place approved under subsection (1) of specified facilities, services or infrastructure for purposes in connection with facilitating the administration, collection or enforcement of any duty of customs,</p></content></level><level class="para1" eId="d28e24213"><num>(b)</num><intro><p>conditions requiring the provision of specified facilities, services or infrastructure for such purposes otherwise than at the place approved under subsection (1), including conditions—</p></intro><level class="para2"><num>(i)</num><content><p>requiring that provision at a specified place,</p></content></level><level class="para2"><num>(ii)</num><content><p>requiring a person to whom an approval has been, or may be, given to propose a place at which facilities, services or infrastructure are to be provided, and</p></content></level><level class="para2"><num>(iii)</num><content><p>requiring the agreement of the Commissioners to any proposal for the provision of facilities, services or infrastructure at a place, and</p></content></level></level><level class="para1"><num>(c)</num><content><p>conditions and restrictions as respects the movements of goods between a place approved under subsection (1) and an off-site facility.</p></content></level></subsection><subsection><num>(1D)</num><intro><p>For the purposes of <ref href="#d28e24201">subsection (1C)</ref><ref href="#d28e24207">(a)</ref> and <ref href="#d28e24213">(b)</ref> “<term refersTo="#term-specified">specified</term>” means specified in—</p></intro><level class="para1"><num>(a)</num><content><p>the regulations,</p></content></level><level class="para1"><num>(b)</num><content><p>an approval under subsection (1), or</p></content></level><level class="para1"><num>(c)</num><content><p>a direction.</p></content></level></subsection><subsection><num>(1E)</num><content><p>For the purposes of this section and section 20A, an “<term refersTo="#term-off-site-facility">off-site facility</term>” means a place at which facilities, services or infrastructure are provided (in accordance with an approval or conditions attaching to it) other than a place approved under subsection (1).</p></content></subsection></quotedStructure></mod></p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-112-4"><num>(4)</num><content><p>Section 20(A) of CEMA 1979 (approved wharves) is amended as follows.</p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-112-5"><num>(5)</num><content><p>Renumber that section as section 20A.</p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="section-112-6"><num>(6)</num><intro><p>In subsection (1)—</p></intro><level class="para1" eId="section-112-6-a"><num>(a)</num><content><p><mod>in paragraph (a), for “20” substitute <quotedText>“20(1)”</quotedText>, and</mod></p></content></level><level class="para1" eId="section-112-6-b"><num>(b)</num><content><p><mod>after that paragraph insert <quotedText startQuote="“">or</quotedText><quotedStructure endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="default"><level class="para1"><num>(aa)</num><content><p>an off-site facility.</p></content></level></quotedStructure></mod></p></content></level></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-112-6-a"><num>(a)</num><content><p><mod>in paragraph (a), for “20” substitute <quotedText>“20(1)”</quotedText>, and</mod></p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" class="para1" eId="section-112-6-b"><num>(b)</num><content><p><mod>after that paragraph insert <quotedText startQuote="“">or</quotedText><quotedStructure endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="default"><level class="para1"><num>(aa)</num><content><p>an off-site facility.</p></content></level></quotedStructure></mod></p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-112-7"><num>(7)</num><content><p><mod>In subsection (1A), after “imposed” insert <quotedText>“by or”</quotedText>.</mod></p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-112-8"><num>(8)</num><content><p>The amendments made by <ref href="#section-112">this section</ref> come into force on the day on which this Act is passed.</p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-112-9"><num>(9)</num><content><p>But <ref eId="c00147" href="https://www.legislation.gov.uk/ukpga/1979/2/contents">CEMA 1979</ref> continues to have effect, for any purpose in connection with duty under <ref eId="c00148" href="https://www.legislation.gov.uk/ukpga/2018/22/section/30A">section 30A</ref><ref eId="c00149" href="https://www.legislation.gov.uk/ukpga/2018/22/section/30A">(3)</ref> or <ref eId="c00150" href="https://www.legislation.gov.uk/ukpga/2018/22/section/40A">40A</ref> of <ref eId="c00151" href="https://www.legislation.gov.uk/ukpga/2018/22/contents">TCTA 2018</ref>, as if the amendments made by <ref href="#section-112">this section</ref> had not been made.</p></content></subsection>
<hcontainer xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" name="crossheading" ukl:Name="Pblock" eId="part-3-crossheading-economic-crime-antimoney-laundering-levy"><heading>Economic crime (anti-money laundering) levy</heading><section eId="section-113"><num>113</num><heading>Increases to rates of levy</heading><subsection eId="section-113-1"><num>(1)</num><intro><p>In section 54 of FA 2022 (charge to the levy)—</p></intro><level class="para1" eId="section-113-1-a"><num>(a)</num><content><p><mod>in subsection (1)(b), for the words from “is” to the end substitute <quotedText>“is in any of the bands set out in section 55”</quotedText>, and</mod></p></content></level><level class="para1" eId="section-113-1-b"><num>(b)</num><intro><p>in subsection (2)—</p></intro><level class="para2" eId="section-113-1-b-i"><num>(i)</num><content><p><mod>in paragraph (a), for “medium” substitute <quotedText>“in band A”</quotedText> and for “£10,000” substitute <quotedText>“£10,200”</quotedText>,</mod></p></content></level><level class="para2" eId="section-113-1-b-ii"><num>(ii)</num><content><p><mod>in paragraph (b), for “large” substitute <quotedText>“in band B”</quotedText>,</mod></p></content></level><level class="para2" eId="section-113-1-b-iii"><num>(iii)</num><content><p><mod>after paragraph (b) insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><level class="para1"><num>(ba)</num><content><p>in the case of a person whose UK revenue for the financial year is in band C, £500,000;</p></content></level></quotedStructure><inline name="appendText">, and</inline></mod></p></content></level><level class="para2" eId="section-113-1-b-iv"><num>(iv)</num><content><p><mod>in paragraph (c), for “very large” substitute <quotedText>“in band D”</quotedText> and for “£500,000” substitute <quotedText>“£1million”</quotedText>.</mod></p></content></level></level></subsection><subsection eId="section-113-2"><num>(2)</num><intro><p>In section 55 of FA 2022 (UK revenue: amount), in subsection (1)—</p></intro><level class="para1" eId="section-113-2-a"><num>(a)</num><content><p><mod>in paragraph (a), for “medium” substitute <quotedText>“in band A”</quotedText>,</mod></p></content></level><level class="para1" eId="section-113-2-b"><num>(b)</num><content><p><mod>in paragraph (b), for “large” substitute <quotedText>“in band B”</quotedText> and for “£1billion” substitute <quotedText>“£500 million”</quotedText>,</mod></p></content></level><level class="para1" eId="section-113-2-c"><num>(c)</num><content><p><mod>after paragraph (b) insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><level class="para1"><num>(ba)</num><content><p>is in band C for a financial year if the person’s UK revenue for the relevant accounting period is more than £500 million but not more than £1 billion;</p></content></level></quotedStructure><inline name="appendText">, and</inline></mod></p></content></level><level class="para1" eId="section-113-2-d"><num>(d)</num><content><p><mod>in paragraph (c), for “very large” substitute <quotedText>“in band D”</quotedText>.</mod></p></content></level></subsection><subsection eId="section-113-3"><num>(3)</num><content><p><mod>In consequence of the amendments made by the preceding subsections, in section 189 of the Economic Crime and Corporate Transparency Act 2023, in subsections (3)(b)(ii) and (11) (which operate by reference to provisions amended by this section), for “large or very large” substitute <quotedText>“in any of bands B to D”</quotedText>.</mod></p></content></subsection><subsection eId="section-113-4"><num>(4)</num><content><p>The amendments made by this section have effect for the financial year beginning with April 2026 and subsequent financial years.</p></content></subsection></section></hcontainer>
<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="section-113"><num>113</num><heading>Increases to rates of levy</heading><subsection eId="section-113-1"><num>(1)</num><intro><p>In section 54 of FA 2022 (charge to the levy)—</p></intro><level class="para1" eId="section-113-1-a"><num>(a)</num><content><p><mod>in subsection (1)(b), for the words from “is” to the end substitute <quotedText>“is in any of the bands set out in section 55”</quotedText>, and</mod></p></content></level><level class="para1" eId="section-113-1-b"><num>(b)</num><intro><p>in subsection (2)—</p></intro><level class="para2" eId="section-113-1-b-i"><num>(i)</num><content><p><mod>in paragraph (a), for “medium” substitute <quotedText>“in band A”</quotedText> and for “£10,000” substitute <quotedText>“£10,200”</quotedText>,</mod></p></content></level><level class="para2" eId="section-113-1-b-ii"><num>(ii)</num><content><p><mod>in paragraph (b), for “large” substitute <quotedText>“in band B”</quotedText>,</mod></p></content></level><level class="para2" eId="section-113-1-b-iii"><num>(iii)</num><content><p><mod>after paragraph (b) insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><level class="para1"><num>(ba)</num><content><p>in the case of a person whose UK revenue for the financial year is in band C, £500,000;</p></content></level></quotedStructure><inline name="appendText">, and</inline></mod></p></content></level><level class="para2" eId="section-113-1-b-iv"><num>(iv)</num><content><p><mod>in paragraph (c), for “very large” substitute <quotedText>“in band D”</quotedText> and for “£500,000” substitute <quotedText>“£1million”</quotedText>.</mod></p></content></level></level></subsection><subsection eId="section-113-2"><num>(2)</num><intro><p>In section 55 of FA 2022 (UK revenue: amount), in subsection (1)—</p></intro><level class="para1" eId="section-113-2-a"><num>(a)</num><content><p><mod>in paragraph (a), for “medium” substitute <quotedText>“in band A”</quotedText>,</mod></p></content></level><level class="para1" eId="section-113-2-b"><num>(b)</num><content><p><mod>in paragraph (b), for “large” substitute <quotedText>“in band B”</quotedText> and for “£1billion” substitute <quotedText>“£500 million”</quotedText>,</mod></p></content></level><level class="para1" eId="section-113-2-c"><num>(c)</num><content><p><mod>after paragraph (b) insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><level class="para1"><num>(ba)</num><content><p>is in band C for a financial year if the person’s UK revenue for the relevant accounting period is more than £500 million but not more than £1 billion;</p></content></level></quotedStructure><inline name="appendText">, and</inline></mod></p></content></level><level class="para1" eId="section-113-2-d"><num>(d)</num><content><p><mod>in paragraph (c), for “very large” substitute <quotedText>“in band D”</quotedText>.</mod></p></content></level></subsection><subsection eId="section-113-3"><num>(3)</num><content><p><mod>In consequence of the amendments made by the preceding subsections, in section 189 of the Economic Crime and Corporate Transparency Act 2023, in subsections (3)(b)(ii) and (11) (which operate by reference to provisions amended by this section), for “large or very large” substitute <quotedText>“in any of bands B to D”</quotedText>.</mod></p></content></subsection><subsection eId="section-113-4"><num>(4)</num><content><p>The amendments made by this section have effect for the financial year beginning with April 2026 and subsequent financial years.</p></content></subsection></section>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="section-113-1"><num>(1)</num><intro><p>In section 54 of FA 2022 (charge to the levy)—</p></intro><level class="para1" eId="section-113-1-a"><num>(a)</num><content><p><mod>in subsection (1)(b), for the words from “is” to the end substitute <quotedText>“is in any of the bands set out in section 55”</quotedText>, and</mod></p></content></level><level class="para1" eId="section-113-1-b"><num>(b)</num><intro><p>in subsection (2)—</p></intro><level class="para2" eId="section-113-1-b-i"><num>(i)</num><content><p><mod>in paragraph (a), for “medium” substitute <quotedText>“in band A”</quotedText> and for “£10,000” substitute <quotedText>“£10,200”</quotedText>,</mod></p></content></level><level class="para2" eId="section-113-1-b-ii"><num>(ii)</num><content><p><mod>in paragraph (b), for “large” substitute <quotedText>“in band B”</quotedText>,</mod></p></content></level><level class="para2" eId="section-113-1-b-iii"><num>(iii)</num><content><p><mod>after paragraph (b) insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><level class="para1"><num>(ba)</num><content><p>in the case of a person whose UK revenue for the financial year is in band C, £500,000;</p></content></level></quotedStructure><inline name="appendText">, and</inline></mod></p></content></level><level class="para2" eId="section-113-1-b-iv"><num>(iv)</num><content><p><mod>in paragraph (c), for “very large” substitute <quotedText>“in band D”</quotedText> and for “£500,000” substitute <quotedText>“£1million”</quotedText>.</mod></p></content></level></level></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-113-1-a"><num>(a)</num><content><p><mod>in subsection (1)(b), for the words from “is” to the end substitute <quotedText>“is in any of the bands set out in section 55”</quotedText>, and</mod></p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" class="para1" eId="section-113-1-b"><num>(b)</num><intro><p>in subsection (2)—</p></intro><level class="para2" eId="section-113-1-b-i"><num>(i)</num><content><p><mod>in paragraph (a), for “medium” substitute <quotedText>“in band A”</quotedText> and for “£10,000” substitute <quotedText>“£10,200”</quotedText>,</mod></p></content></level><level class="para2" eId="section-113-1-b-ii"><num>(ii)</num><content><p><mod>in paragraph (b), for “large” substitute <quotedText>“in band B”</quotedText>,</mod></p></content></level><level class="para2" eId="section-113-1-b-iii"><num>(iii)</num><content><p><mod>after paragraph (b) insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><level class="para1"><num>(ba)</num><content><p>in the case of a person whose UK revenue for the financial year is in band C, £500,000;</p></content></level></quotedStructure><inline name="appendText">, and</inline></mod></p></content></level><level class="para2" eId="section-113-1-b-iv"><num>(iv)</num><content><p><mod>in paragraph (c), for “very large” substitute <quotedText>“in band D”</quotedText> and for “£500,000” substitute <quotedText>“£1million”</quotedText>.</mod></p></content></level></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para2" eId="section-113-1-b-i"><num>(i)</num><content><p><mod>in paragraph (a), for “medium” substitute <quotedText>“in band A”</quotedText> and for “£10,000” substitute <quotedText>“£10,200”</quotedText>,</mod></p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para2" eId="section-113-1-b-ii"><num>(ii)</num><content><p><mod>in paragraph (b), for “large” substitute <quotedText>“in band B”</quotedText>,</mod></p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" class="para2" eId="section-113-1-b-iii"><num>(iii)</num><content><p><mod>after paragraph (b) insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><level class="para1"><num>(ba)</num><content><p>in the case of a person whose UK revenue for the financial year is in band C, £500,000;</p></content></level></quotedStructure><inline name="appendText">, and</inline></mod></p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para2" eId="section-113-1-b-iv"><num>(iv)</num><content><p><mod>in paragraph (c), for “very large” substitute <quotedText>“in band D”</quotedText> and for “£500,000” substitute <quotedText>“£1million”</quotedText>.</mod></p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="section-113-2"><num>(2)</num><intro><p>In section 55 of FA 2022 (UK revenue: amount), in subsection (1)—</p></intro><level class="para1" eId="section-113-2-a"><num>(a)</num><content><p><mod>in paragraph (a), for “medium” substitute <quotedText>“in band A”</quotedText>,</mod></p></content></level><level class="para1" eId="section-113-2-b"><num>(b)</num><content><p><mod>in paragraph (b), for “large” substitute <quotedText>“in band B”</quotedText> and for “£1billion” substitute <quotedText>“£500 million”</quotedText>,</mod></p></content></level><level class="para1" eId="section-113-2-c"><num>(c)</num><content><p><mod>after paragraph (b) insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><level class="para1"><num>(ba)</num><content><p>is in band C for a financial year if the person’s UK revenue for the relevant accounting period is more than £500 million but not more than £1 billion;</p></content></level></quotedStructure><inline name="appendText">, and</inline></mod></p></content></level><level class="para1" eId="section-113-2-d"><num>(d)</num><content><p><mod>in paragraph (c), for “very large” substitute <quotedText>“in band D”</quotedText>.</mod></p></content></level></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-113-2-a"><num>(a)</num><content><p><mod>in paragraph (a), for “medium” substitute <quotedText>“in band A”</quotedText>,</mod></p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-113-2-b"><num>(b)</num><content><p><mod>in paragraph (b), for “large” substitute <quotedText>“in band B”</quotedText> and for “£1billion” substitute <quotedText>“£500 million”</quotedText>,</mod></p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" class="para1" eId="section-113-2-c"><num>(c)</num><content><p><mod>after paragraph (b) insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><level class="para1"><num>(ba)</num><content><p>is in band C for a financial year if the person’s UK revenue for the relevant accounting period is more than £500 million but not more than £1 billion;</p></content></level></quotedStructure><inline name="appendText">, and</inline></mod></p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-113-2-d"><num>(d)</num><content><p><mod>in paragraph (c), for “very large” substitute <quotedText>“in band D”</quotedText>.</mod></p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-113-3"><num>(3)</num><content><p><mod>In consequence of the amendments made by the preceding subsections, in section 189 of the Economic Crime and Corporate Transparency Act 2023, in subsections (3)(b)(ii) and (11) (which operate by reference to provisions amended by this section), for “large or very large” substitute <quotedText>“in any of bands B to D”</quotedText>.</mod></p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-113-4"><num>(4)</num><content><p>The amendments made by this section have effect for the financial year beginning with April 2026 and subsequent financial years.</p></content></subsection>
<hcontainer xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" name="crossheading" ukl:Name="Pblock" eId="part-3-crossheading-annual-tax-on-enveloped-dwellings"><heading>Annual tax on enveloped dwellings</heading><section eId="section-114"><num>114</num><heading>Removal of time limit to claim relief under section 106(3) of FA 2013</heading><subsection eId="section-114-1"><num>(1)</num><content><p>In section 106 of FA 2013 (adjustment of amount chargeable), omit subsection (6).</p></content></subsection><subsection eId="section-114-2"><num>(2)</num><content><p>The amendment made by this section is treated as always having been in force.</p></content></subsection></section></hcontainer>
<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-114"><num>114</num><heading>Removal of time limit to claim relief under section 106(3) of FA 2013</heading><subsection eId="section-114-1"><num>(1)</num><content><p>In section 106 of FA 2013 (adjustment of amount chargeable), omit subsection (6).</p></content></subsection><subsection eId="section-114-2"><num>(2)</num><content><p>The amendment made by this section is treated as always having been in force.</p></content></subsection></section>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-114-1"><num>(1)</num><content><p>In section 106 of FA 2013 (adjustment of amount chargeable), omit subsection (6).</p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-114-2"><num>(2)</num><content><p>The amendment made by this section is treated as always having been in force.</p></content></subsection>
<part xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" xmlns:default="http://www.w3.org/1999/xhtml" eId="part-4"><num>Part 4</num><heading>Vaping products duty</heading><hcontainer name="crossheading" ukl:Name="Pblock" eId="part-4-crossheading-charge"><heading>Charge</heading><section eId="section-115"><num>115</num><heading>Excise duty: charge</heading><subsection eId="section-115-1"><num>(1)</num><content><p>An excise duty is charged on vaping products produced in, or imported into, the United Kingdom.</p></content></subsection><subsection eId="section-115-2"><num>(2)</num><content><p>The duty is charged at a rate of £2.20 per 10 millilitres, rounded down to the nearest penny.</p></content></subsection><subsection eId="section-115-3"><num>(3)</num><content><p>In this Part, “<term refersTo="#term-vaping-products-duty" eId="term-vaping-products-duty">vaping products duty</term>” means excise duty charged under this section.</p></content></subsection></section><section eId="section-116"><num>116</num><heading>Vaping products</heading><subsection eId="section-116-1"><num>(1)</num><intro><p>In this Part, “<term refersTo="#term-vaping-product" eId="term-vaping-product">vaping product</term>” means a liquid that—</p></intro><level class="para1" eId="section-116-1-a"><num>(a)</num><content><p>contains nicotine and either or both of glycerine and a glycol, or</p></content></level><level class="para1" eId="section-116-1-b"><num>(b)</num><content><p>is intended to be vaporised by a vape,</p></content></level><wrapUp><p>and is not a medicinal product or a tobacco product.</p></wrapUp></subsection><subsection eId="section-116-2"><num>(2)</num><intro><p>For the purposes of this Part—</p></intro><level class="para1" eId="section-116-2-a"><num>(a)</num><content><p>a liquid may be intended to be vaporised by a vape even if a consumer would be required to mix it with another substance before vaporising it by a vape;</p></content></level><level class="para1" eId="section-116-2-b"><num>(b)</num><content><p>a reference to vaporisation includes a reference to aerosolisation;</p></content></level><level class="para1" eId="section-116-2-c"><num>(c)</num><content><p>a reference to a liquid includes a reference to a liquid that has been frozen.</p></content></level></subsection></section><section eId="section-117"><num>117</num><heading>Production of vaping products</heading><subsection eId="section-117-1"><num>(1)</num><intro><p>For the purposes of <ref href="#part-4">this Part</ref>, a vaping product is produced if—</p></intro><level class="para1" eId="section-117-1-a"><num>(a)</num><intro><p>a substance that is not duty-paid is—</p></intro><level class="para2" eId="section-117-1-a-i"><num>(i)</num><content><p>combined or mixed with another substance (whether or not that substance is duty-paid), or</p></content></level><level class="para2" eId="section-117-1-a-ii"><num>(ii)</num><content><p>otherwise processed, and</p></content></level></level><level class="para1" eId="section-117-1-b"><num>(b)</num><content><p>the resulting substance is a vaping product.</p></content></level></subsection><subsection eId="section-117-2"><num>(2)</num><content><p>If a liquid that is not duty-paid is packaged, labelled or advertised so as to indicate it is intended to be vaporised by a vape, the act of packaging, labelling or advertising is to be treated, for the purposes of <ref href="#part-4">this Part</ref>, as producing a vaping product.</p></content></subsection><subsection eId="section-117-3"><num>(3)</num><intro><p>In <ref href="#section-117">this section</ref>, a reference to a substance or liquid that is not duty-paid is a reference to a substance or liquid that—</p></intro><level class="para1" eId="section-117-3-a"><num>(a)</num><content><p>is not a vaping product, or</p></content></level><level class="para1" eId="section-117-3-b"><num>(b)</num><content><p>is a vaping product on which duty has not been paid or deferred under a duty deferment arrangement.</p></content></level></subsection><subsection eId="section-117-4"><num>(4)</num><content><p>Vaping products must not be produced except in accordance with regulations under <ref eId="c00152" href="https://www.legislation.gov.uk/ukpga/2018/22/section/45">section 45</ref> of <ref eId="c00153" href="https://www.legislation.gov.uk/ukpga/2018/22/contents">TCTA 2018</ref>.</p></content></subsection></section><section eId="section-118"><num>118</num><heading>Excise duty point and payment</heading><intro><p>Vaping products duty is to be paid, and the amount chargeable is to be determined and become due, in accordance with provision made by or under—</p></intro><level class="para1" eId="section-118-a"><num>(a)</num><content><p><ref eId="c00154" href="https://www.legislation.gov.uk/ukpga/1992/48/section/1">section 1</ref> of <ref eId="c00155" href="https://www.legislation.gov.uk/ukpga/1992/48/contents">F(No.2)A 1992</ref> (powers to fix excise duty point);</p></content></level><level class="para1" eId="section-118-b"><num>(b)</num><content><p><ref eId="c00156" href="https://www.legislation.gov.uk/ukpga/2018/22/section/45">section 45</ref> of <ref eId="c00157" href="https://www.legislation.gov.uk/ukpga/2018/22/contents">TCTA 2018</ref> (general power for excise duty purposes etc).</p></content></level></section></hcontainer><hcontainer name="crossheading" ukl:Name="Pblock" eId="part-4-crossheading-administration"><heading>Administration</heading><section eId="section-119"><num>119</num><heading>Administration</heading><subsection eId="section-119-1"><num>(1)</num><content><p>The Commissioners are responsible for the collection and management of vaping products duty.</p></content></subsection><subsection eId="section-119-2"><num>(2)</num><intro><p>For the purposes of this Part, the Commissioners may by regulations make provision—</p></intro><level class="para1" eId="section-119-2-a"><num>(a)</num><content><p>requiring vaping products to be held in duty suspense arrangements, including in premises of a kind specified in the regulations;</p></content></level><level class="para1" eId="section-119-2-b"><num>(b)</num><content><p>requiring the giving of a guarantee or other security;</p></content></level><level class="para1" eId="section-119-2-c"><num>(c)</num><content><p>for exceptions to <ref href="#section-129">sections 129</ref> to <ref href="#section-131">131</ref> (offences);</p></content></level><level class="para1" eId="section-119-2-d"><num>(d)</num><content><p>about civil penalties and forfeiture, including provision for exceptions and joint and several liability;</p></content></level><level class="para1" eId="section-119-2-e"><num>(e)</num><content><p>about appeals, including provision amending FA 1994.</p></content></level></subsection></section></hcontainer><hcontainer name="crossheading" ukl:Name="Pblock" eId="part-4-crossheading-duty-stamps"><heading>Duty stamps</heading><section eId="section-120"><num>120</num><heading>Stamping of vaping products</heading><subsection eId="section-120-1"><num>(1)</num><content><p>A vaping product must be stamped in accordance with regulations made under this Part and section 45 of TCTA 2018.</p></content></subsection><subsection eId="section-120-2"><num>(2)</num><intro><p>For the purposes of this Part, a vaping product is stamped if a duty stamp is affixed to—</p></intro><level class="para1" eId="section-120-2-a"><num>(a)</num><content><p>the vaping product, or</p></content></level><level class="para1" eId="section-120-2-b"><num>(b)</num><content><p>the retail packaging of the vaping product,</p></content></level><wrapUp><p>and a reference to a stamp being affixed to a vaping product includes a reference to a stamp being affixed to its retail packaging.</p></wrapUp></subsection><subsection eId="section-120-3"><num>(3)</num><intro><p>The Commissioners may by regulations make provision—</p></intro><level class="para1" eId="section-120-3-a"><num>(a)</num><content><p>requiring a stamp to be linked to a particular vaping product;</p></content></level><level class="para1" eId="section-120-3-b"><num>(b)</num><content><p>specifying information to be provided to HMRC for the purpose of <ref href="#section-120-3-a">paragraph (a)</ref> or otherwise in connection with a stamped vaping product.</p></content></level></subsection><subsection eId="section-120-4"><num>(4)</num><intro><p>In <ref href="#part-4">this Part</ref>, a “<term refersTo="#term-duty-stamp" eId="term-duty-stamp">duty stamp</term>” means a document issued by the Commissioners that—</p></intro><level class="para1" eId="section-120-4-a"><num>(a)</num><content><p>is designed to be affixed to a vaping product or the retail packaging of a vaping product,</p></content></level><level class="para1" eId="section-120-4-b"><num>(b)</num><content><p>is uniquely identifiable, and</p></content></level><level class="para1" eId="section-120-4-c"><num>(c)</num><content><p>indicates that the product to which it is affixed is liable to vaping products duty.</p></content></level></subsection></section><section eId="section-121"><num>121</num><heading>Issue and management of duty stamps</heading><subsection eId="section-121-1"><num>(1)</num><content><p>The Commissioners must make arrangements for the issue and management of duty stamps.</p></content></subsection><subsection eId="section-121-2"><num>(2)</num><content><p>The Commissioners may by regulations provide for the charging of fees in connection with the issue and management of duty stamps (but such a fee may not offset any liability to vaping products duty).</p></content></subsection><subsection eId="section-121-3"><num>(3)</num><content><p>The Commissioners may by published notice authorise a person to act as a stamp issuer for the purposes of this Part.</p></content></subsection><subsection eId="section-121-4"><num>(4)</num><intro><p>In this Part, “<term refersTo="#term-stamp-issuer" eId="term-stamp-issuer">stamp issuer</term>” means—</p></intro><level class="para1" eId="section-121-4-a"><num>(a)</num><content><p>a person authorised under subsection <ref href="#section-121-3">(3)</ref>, or</p></content></level><level class="para1" eId="section-121-4-b"><num>(b)</num><content><p>if no person is authorised, the Commissioners.</p></content></level></subsection></section><section eId="section-122"><num>122</num><heading>Approved stamp holders</heading><subsection eId="section-122-1"><num>(1)</num><content><p>A duty stamp may not be issued to a person who is not approved under this section.</p></content></subsection><subsection eId="section-122-2"><num>(2)</num><intro><p>The Commissioners may approve a person if they are satisfied that the person—</p></intro><level class="para1" eId="section-122-2-a"><num>(a)</num><content><p>has a fixed place of business in the United Kingdom, and</p></content></level><level class="para1" eId="section-122-2-b"><num>(b)</num><content><p>meets such other requirements as may be specified in regulations under section 45 of TCTA 2018.</p></content></level></subsection><subsection eId="section-122-3"><num>(3)</num><content><p>An approved stamp holder may not transfer a duty stamp to any person before it has been affixed to, and activated in respect of, a vaping product (in which case it may be transferred as part of the vaping product).</p></content></subsection><subsection eId="section-122-4"><num>(4)</num><content><p><ref href="#section-122-3">Subsection (3)</ref> does not prevent the return of stamps to a stamp issuer.</p></content></subsection><subsection eId="section-122-5"><num>(5)</num><intro><p>The Commissioners may by regulations make provision—</p></intro><level class="para1" eId="section-122-5-a"><num>(a)</num><content><p>about what it means to have a fixed place of business in the United Kingdom;</p></content></level><level class="para1" eId="section-122-5-b"><num>(b)</num><content><p>for exceptions to <ref href="#section-122-3">subsection (3)</ref>;</p></content></level><level class="para1" eId="section-122-5-c"><num>(c)</num><content><p>limiting the number of duty stamps that may be issued to (or, in the case of an overseas person, in respect of) a person within a specified period;</p></content></level><level class="para1" eId="section-122-5-d"><num>(d)</num><content><p>permitting or requiring duty stamps to be voided, destroyed or returned in certain circumstances, including on the expiry of a specified period.</p></content></level></subsection></section><section eId="section-123"><num>123</num><heading>United Kingdom representatives</heading><subsection eId="section-123-1"><num>(1)</num><content><p>The Commissioners may approve an approved stamp holder to represent a person who does not have a fixed place of business in the United Kingdom.</p></content></subsection><subsection eId="section-123-2"><num>(2)</num><content><p>A duty stamp may, at the request of a UK representative, be issued to the UK representative by way of delivery to an overseas person.</p></content></subsection><subsection eId="section-123-3"><num>(3)</num><content><p>A UK representative is responsible for a stamp issued as described in subsection (2) from the point at which it is delivered to the overseas person.</p></content></subsection><subsection eId="section-123-4"><num>(4)</num><content><p>Section <ref href="#section-122">122</ref><ref href="#section-122-3">(3)</ref> (restriction on transfer) does not apply in relation to the transfer of a duty stamp between a UK representative and an overseas person.</p></content></subsection><subsection eId="section-123-5"><num>(5)</num><content><p>A UK representative who transfers a duty stamp to an overseas person remains responsible for the stamp after transfer.</p></content></subsection><subsection eId="section-123-6"><num>(6)</num><content><p>For the purposes of subsections <ref href="#section-123-3">(3)</ref> and <ref href="#section-123-5">(5)</ref>, a person who is responsible for a stamp is also liable to penalties arising under this Part or regulations made under this Part in respect of it.</p></content></subsection><subsection eId="section-123-7"><num>(7)</num><intro><p>The Commissioners may by regulations make provision about UK representatives, including provision—</p></intro><level class="para1" eId="section-123-7-a"><num>(a)</num><content><p>about their dealings with an overseas person and what it means to be responsible for duty stamps, and</p></content></level><level class="para1" eId="section-123-7-b"><num>(b)</num><content><p>providing for exceptions to this section.</p></content></level></subsection><subsection eId="section-123-8"><num>(8)</num><intro><p>In this Part—</p></intro><hcontainer name="definition"><content><p>“<term refersTo="#term-overseas-person" eId="term-overseas-person">overseas person</term>” means, when used in connection with a UK representative, someone in respect of whom the UK representative is approved under subsection (1);</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-uk-representative" eId="term-uk-representative">UK representative</term>” means a person approved under subsection (1),</p></content></hcontainer><wrapUp><p>and a reference to a stamp being delivered to an approved stamp holder includes, in the case of a UK representative, a reference to a stamp being delivered to an overseas person.</p></wrapUp></subsection></section></hcontainer><hcontainer name="crossheading" ukl:Name="Pblock" eId="part-4-crossheading-forfeiture"><heading>Forfeiture</heading><section eId="section-124"><num>124</num><heading>Forfeiture</heading><subsection eId="section-124-1"><num>(1)</num><intro><p>The following things are liable to forfeiture—</p></intro><level class="para1" eId="section-124-1-a"><num>(a)</num><content><p>an unstamped vaping product;</p></content></level><level class="para1" eId="section-124-1-b"><num>(b)</num><content><p>an invalid duty stamp and any product to which an invalid duty stamp is affixed;</p></content></level><level class="para1" eId="section-124-1-c"><num>(c)</num><intro><p>a duty stamp that, after the end of the period of 12 months beginning with the day on which it was issued, has not been—</p></intro><level class="para2" eId="section-124-1-c-i"><num>(i)</num><content><p>affixed to, and activated in respect of, a vaping product, or</p></content></level><level class="para2" eId="section-124-1-c-ii"><num>(ii)</num><content><p>returned to a stamp issuer.</p></content></level></level></subsection><subsection eId="section-124-2"><num>(2)</num><intro><p>In subsection <ref href="#section-124-1">(1)</ref><ref href="#section-124-1-b">(b)</ref>, an “<term refersTo="#term-invalid-duty-stamp" eId="term-invalid-duty-stamp">invalid duty stamp</term>” means—</p></intro><level class="para1" eId="section-124-2-a"><num>(a)</num><content><p>a duty stamp which has been altered after it has been issued;</p></content></level><level class="para1" eId="section-124-2-b"><num>(b)</num><content><p>a document which purports to be (but is not) a duty stamp;</p></content></level><level class="para1" eId="section-124-2-c"><num>(c)</num><content><p>a voided duty stamp.</p></content></level></subsection><subsection eId="section-124-3"><num>(3)</num><intro><p>For things that are liable to forfeiture only in particular circumstances, see—</p></intro><level class="para1" eId="section-124-3-a"><num>(a)</num><content><p><ref href="#section-128">section 128</ref> (civil penalties);</p></content></level><level class="para1" eId="section-124-3-b"><num>(b)</num><content><p><ref href="#section-133">section 133</ref> (criminal offences).</p></content></level></subsection></section></hcontainer><hcontainer name="crossheading" ukl:Name="Pblock" eId="part-4-crossheading-civil-penalties-and-enforcement"><heading>Civil penalties and enforcement</heading><section eId="section-125"><num>125</num><heading>Dealing in unstamped vaping products</heading><subsection eId="section-125-1"><num>(1)</num><content><p>A person who sells, offers for sale or otherwise deals in unstamped vaping products packaged for retail sale is liable to a penalty.</p></content></subsection><subsection eId="section-125-2"><num>(2)</num><intro><p>The penalty under subsection (1) is the amount indicated in the table, to be determined by cross-referencing—</p></intro><level class="para1" eId="section-125-2-a"><num>(a)</num><content><p>the number of units in respect of which the penalty is imposed, and</p></content></level><level class="para1" eId="section-125-2-b"><num>(b)</num><content><p>whether it is the first, second or further time that the person has been liable to a penalty under subsection (1) since the beginning of the relevant period.</p><tblock class="table" ukl:Orientation="portrait"><foreign><default:table xmlns="http://www.w3.org/1999/xhtml"><default:colgroup><default:col span="1" style="width:20%"/><default:col span="1" style="width:20%"/><default:col span="1" style="width:20%"/><default:col span="1" style="width:20%"/><default:col span="1" style="width:20%"/></default:colgroup><default:thead><default:tr><default:th/><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">1 to 99 units</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">100 to 299 units</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">300 to 499 units</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">500 units or more</p></default:th></default:tr></default:thead><default:tbody><default:tr><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">First time</p></default:th><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£2,500</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£5,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£7,500</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£10,000</p></default:td></default:tr><default:tr><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Second time</p></default:th><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£5,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£7,500</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£10,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£10,000</p></default:td></default:tr><default:tr><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Further time</p></default:th><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£7,500</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£10,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£10,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£10,000</p></default:td></default:tr></default:tbody></default:table></foreign></tblock></content></level></subsection><subsection eId="section-125-3"><num>(3)</num><intro><p>For the purpose of determining a penalty under subsection (2)—</p></intro><hcontainer name="definition"><content><p>“<term refersTo="#term-relevant-period" eId="term-relevant-period">relevant period</term>” means the period of 24 months ending with the day on which the person becomes liable to the penalty being determined;</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-unit" eId="term-unit">unit</term>” means an amount of vaping product packaged for individual retail sale.</p></content></hcontainer></subsection></section><section eId="section-126"><num>126</num><heading>Loss and misuse of duty stamps</heading><subsection eId="section-126-1"><num>(1)</num><intro><p>An approved stamp holder to whom a duty stamp is issued and delivered is liable to a penalty if—</p></intro><level class="para1" eId="section-126-1-a"><num>(a)</num><content><p>the stamp is lost, or</p></content></level><level class="para1" eId="section-126-1-b"><num>(b)</num><intro><p>at the end of the period of 12 months beginning with the day on which the stamp was issued, the stamp has not been—</p></intro><level class="para2" eId="section-126-1-b-i"><num>(i)</num><content><p>affixed to, and activated in respect of, a vaping product,</p></content></level><level class="para2" eId="section-126-1-b-ii"><num>(ii)</num><content><p>returned to a stamp issuer, or</p></content></level><level class="para2" eId="section-126-1-b-iii"><num>(iii)</num><content><p>destroyed.</p></content></level></level></subsection><subsection eId="section-126-2"><num>(2)</num><intro><p>Subsection (1) does not apply if the stamp was lost in circumstances where the approved stamp holder—</p></intro><level class="para1" eId="section-126-2-a"><num>(a)</num><content><p>did not cause the loss, and</p></content></level><level class="para1" eId="section-126-2-b"><num>(b)</num><content><p>took all reasonable steps to protect against the loss.</p></content></level></subsection><subsection eId="section-126-3"><num>(3)</num><content><p>The penalty under <ref href="#section-126-1">subsection (1)</ref> is an amount equal to five times the monetary amount specified in <ref href="#section-115">section 115</ref> (excise duty: charge).</p></content></subsection><subsection eId="section-126-4"><num>(4)</num><intro><p>The following is conduct which attracts a penalty under section 9 of FA 1994—</p></intro><level class="para1" eId="section-126-4-a"><num>(a)</num><content><p>altering a duty stamp after it has been issued;</p></content></level><level class="para1" eId="section-126-4-b"><num>(b)</num><content><p>affixing an invalid duty stamp to a vaping product.</p></content></level></subsection><subsection eId="section-126-5"><num>(5)</num><intro><p>In this section, an “<term refersTo="#term-invalid-duty-stamp" eId="term-invalid-duty-stamp">invalid duty stamp</term>” means—</p></intro><level class="para1" eId="section-126-5-a"><num>(a)</num><content><p>a duty stamp which has been altered after it has been issued;</p></content></level><level class="para1" eId="section-126-5-b"><num>(b)</num><content><p>a document which purports to be (but is not) a duty stamp;</p></content></level><level class="para1" eId="section-126-5-c"><num>(c)</num><content><p>a voided duty stamp.</p></content></level></subsection></section><section eId="section-127"><num>127</num><heading>Failure to comply with this Part etc</heading><subsection eId="section-127-1"><num>(1)</num><content><p>Failure to comply with a provision or requirement specified in <ref href="#section-127-2">subsection (2)</ref> is conduct which attracts a penalty under <ref eId="c00158" href="https://www.legislation.gov.uk/ukpga/1994/9/section/9">section 9</ref> of <ref eId="c00159" href="https://www.legislation.gov.uk/ukpga/1994/9/contents">FA 1994</ref>.</p></content></subsection><subsection eId="section-127-2"><num>(2)</num><intro><p>The following provisions and requirements are specified for the purpose of subsection <ref href="#section-127-1">(1)</ref>—</p></intro><level class="para1" eId="section-127-2-a"><num>(a)</num><content><p>provision contained in <ref href="#part-4">this Part</ref> or regulations made under <ref href="#part-4">this Part</ref>;</p></content></level><level class="para1" eId="section-127-2-b"><num>(b)</num><content><p>provision contained in regulations made under <ref eId="c00160" href="https://www.legislation.gov.uk/ukpga/2018/22/section/45">section 45</ref> of <ref eId="c00161" href="https://www.legislation.gov.uk/ukpga/2018/22/contents">TCTA 2018</ref> insofar as it applies in relation to vaping products duty;</p></content></level><level class="para1" eId="section-127-2-c"><num>(c)</num><content><p>any requirements imposed under such provision.</p></content></level></subsection></section><section eId="section-128"><num>128</num><heading>Forfeiture: civil penalties</heading><subsection eId="section-128-1"><num>(1)</num><content><p><ref href="#section-133">This section</ref> applies (in addition to <ref href="#section-124">section 124</ref>) where a person is liable to a penalty under <ref href="#section-125">section 125</ref> or <ref href="#section-127">127</ref><ref href="#section-127-1">(1)</ref>.</p></content></subsection><subsection eId="section-128-2"><num>(2)</num><intro><p>Where a person is liable to a penalty under <ref href="#section-125">section 125</ref> (dealing in unstamped vaping products), any stamped vaping product—</p></intro><level class="para1" eId="section-128-2-a"><num>(a)</num><content><p>that is in the person’s possession at the time of the conduct in respect of which the liability arises, and</p></content></level><level class="para1" eId="section-128-2-b"><num>(b)</num><content><p>which the Commissioners have reason to believe is owned or used in the course of a business carried out by any person,</p></content></level><wrapUp><p>is liable to forfeiture.</p></wrapUp></subsection><subsection eId="section-128-3"><num>(3)</num><intro><p>Where a person is liable to a penalty for a failure of a kind described in <ref href="#section-127">section 127</ref><ref href="#section-127-1">(1)</ref> (failure to comply with this Part etc), the following things are liable to forfeiture—</p></intro><level class="para1" eId="section-128-3-a"><num>(a)</num><content><p>any vaping product or duty stamp to which the failure relates, or</p></content></level><level class="para1" eId="section-128-3-b"><num>(b)</num><intro><p>where the failure relates to premises—</p></intro><level class="para2" eId="section-128-3-b-i"><num>(i)</num><content><p>any stamped vaping product found on the premises which the Commissioners have reason to believe is owned or used in the course of a business carried out by any person, and</p></content></level><level class="para2" eId="section-128-3-b-ii"><num>(ii)</num><content><p>any duty stamp found on the premises.</p></content></level></level></subsection></section></hcontainer><hcontainer name="crossheading" ukl:Name="Pblock" eId="part-4-crossheading-offences"><heading>Offences</heading><section eId="section-129"><num>129</num><heading>Dealing in duty stamps</heading><subsection eId="section-129-1"><num>(1)</num><content><p>It is an offence for a person who is not an approved stamp holder to possess a duty stamp that has not been affixed to a vaping product.</p></content></subsection><subsection eId="section-129-2"><num>(2)</num><content><p>It is an offence for a person to transfer a duty stamp that has not been affixed to a vaping product to another person.</p></content></subsection><subsection eId="section-129-3"><num>(3)</num><content><p>It is a defence for a person charged with an offence under this section to prove that they did not know, suspect or have reason to suspect that they were possessing or transferring a duty stamp that had not been affixed to a vaping product.</p></content></subsection><subsection eId="section-129-4"><num>(4)</num><intro><p>Subsection (1) and (2) do not apply in relation to—</p></intro><level class="para1" eId="section-129-4-a"><num>(a)</num><content><p>a transfer between a UK representative and an overseas person,</p></content></level><level class="para1" eId="section-129-4-b"><num>(b)</num><content><p>possession by the overseas person, or</p></content></level><level class="para1" eId="section-129-4-c"><num>(c)</num><content><p>a person providing a delivery service on a commercial basis.</p></content></level></subsection><subsection eId="section-129-5"><num>(5)</num><content><p>Subsection (2) does not apply in relation to a transfer to a stamp issuer.</p></content></subsection></section><section eId="section-130"><num>130</num><heading>Dealing in unstamped vaping products</heading><subsection eId="section-130-1"><num>(1)</num><intro><p>It is an offence to—</p></intro><level class="para1" eId="section-130-1-a"><num>(a)</num><content><p>possess, transport or display, or</p></content></level><level class="para1" eId="section-130-1-b"><num>(b)</num><content><p>sell, offer for sale or otherwise deal in,</p></content></level><wrapUp><p>an unstamped vaping product.</p></wrapUp></subsection><subsection eId="section-130-2"><num>(2)</num><content><p>It is an offence for a person who is a manager of premises to cause or permit the premises to be used for the sale of an unstamped vaping product.</p></content></subsection><subsection eId="section-130-3"><num>(3)</num><content><p>It is a defence for a person charged with an offence under this section to prove that they did not know, suspect or have reason to suspect that the product to which the charge relates was an unstamped vaping product.</p></content></subsection><subsection eId="section-130-4"><num>(4)</num><intro><p>A manager of premises is a person who—</p></intro><level class="para1" eId="section-130-4-a"><num>(a)</num><content><p>is entitled to control their use,</p></content></level><level class="para1" eId="section-130-4-b"><num>(b)</num><content><p>is entrusted with their management, or</p></content></level><level class="para1" eId="section-130-4-c"><num>(c)</num><content><p>is in charge of them.</p></content></level></subsection></section><section eId="section-131"><num>131</num><heading>Sales ban following conviction for unlawful use of premises</heading><subsection eId="section-131-1"><num>(1)</num><content><p>If a person is convicted of an offence under <ref href="#section-130">section 130</ref><ref href="#section-130-2">(2)</ref>, the court by which the person is convicted of the offence may make an order prohibiting the use of the premises in respect of which the offence was committed for the sale of vaping products.</p></content></subsection><subsection eId="section-131-2"><num>(2)</num><content><p>The term of the order may not exceed twelve months.</p></content></subsection><subsection eId="section-131-3"><num>(3)</num><content><p>It is an offence for a manager of premises to cause or permit the premises to be used in breach of an order under <ref href="#section-131">this section</ref>.</p></content></subsection><subsection eId="section-131-4"><num>(4)</num><content><p>In <ref href="#section-131">this section</ref>, “<term refersTo="#term-manager-of-premises" eId="term-manager-of-premises">manager of premises</term>” has the meaning given in <ref href="#section-130">section 130</ref>.</p></content></subsection></section><section eId="section-132"><num>132</num><heading>Offences: penalties</heading><subsection eId="section-132-1"><num>(1)</num><intro><p>A person who commits an offence under sections <ref href="#section-129">129</ref> to <ref href="#section-131">131</ref> is liable on summary conviction—</p></intro><level class="para1" eId="section-132-1-a"><num>(a)</num><content><p>in England and Wales, to imprisonment for a term not exceeding the general limit in a magistrates’ court, or a fine, or both;</p></content></level><level class="para1" eId="section-132-1-b"><num>(b)</num><content><p>in Scotland, to imprisonment for a term not exceeding 12 months, or a fine not exceeding the statutory maximum, or both;</p></content></level><level class="para1" eId="section-132-1-c"><num>(c)</num><content><p>in Northern Ireland, to imprisonment for a term not exceeding six months, or a fine not exceeding the statutory maximum, or both.</p></content></level></subsection><subsection eId="section-132-2"><num>(2)</num><content><p>A person who commits an offence under sections <ref href="#section-129">129</ref> to <ref href="#section-131">131</ref> is liable, on conviction on indictment, to imprisonment for a term not exceeding 2 years, or a fine, or both.</p></content></subsection></section><section eId="section-133"><num>133</num><heading>Forfeiture: offences</heading><subsection eId="section-133-1"><num>(1)</num><content><p><ref href="#section-133">This section</ref> applies (in addition to <ref href="#section-124">section 124</ref>) where a person has committed an offence under <span><ref href="#section-129">sections 129</ref> to <ref href="#section-131">131</ref></span>.</p></content></subsection><subsection eId="section-133-2"><num>(2)</num><intro><p>In the case of an offence under <ref href="#section-129">section 129</ref> (dealing in duty stamps), the following things are liable to forfeiture—</p></intro><level class="para1" eId="section-133-2-a"><num>(a)</num><content><p>any duty stamp in relation to which the offence is committed, and</p></content></level><level class="para1" eId="section-133-2-b"><num>(b)</num><content><p>any duty stamp that is not affixed to a vaping product and that is in the person’s possession at the time the offence is committed.</p></content></level></subsection><subsection eId="section-133-3"><num>(3)</num><intro><p>In the case of an offence under <ref href="#section-130">section 130</ref><ref href="#section-130-1">(1)</ref> (dealing in unstamped vaping products), any stamped vaping product—</p></intro><level class="para1" eId="section-133-3-a"><num>(a)</num><content><p>that is in the person’s possession at the time the offence is committed, and</p></content></level><level class="para1" eId="section-133-3-b"><num>(b)</num><content><p>which the Commissioners have reason to believe is owned or used in the course of a business carried out by any person,</p></content></level><wrapUp><p>is liable to forfeiture.</p></wrapUp></subsection><subsection eId="section-133-4"><num>(4)</num><intro><p>In the case of an offence under <ref href="#section-130">section 130</ref><ref href="#section-130-2">(2)</ref> or <ref href="#section-131">131</ref> (unlawful use of premises), any stamped vaping product—</p></intro><level class="para1" eId="section-133-4-a"><num>(a)</num><content><p>that is on the premises at the time the offence is committed, and</p></content></level><level class="para1" eId="section-133-4-b"><num>(b)</num><content><p>which the Commissioners have reason to believe is owned or used in the course of a business carried out by any person,</p></content></level><wrapUp><p>is liable to forfeiture.</p></wrapUp></subsection></section></hcontainer><hcontainer name="crossheading" ukl:Name="Pblock" eId="part-4-crossheading-general-provision"><heading>General provision</heading><section eId="section-134"><num>134</num><heading>Publication of information</heading><content><p>The Commissioners may publish information provided to HMRC under <ref href="#section-120">section 120</ref><ref href="#section-120-3">(3)</ref><ref href="#section-120-3-b">(b)</ref> (stamping of vaping products) for the purpose of enabling retailers, consumers and other persons to assess whether a duty stamp has been activated in respect of a vaping product.</p></content></section><section eId="section-135"><num>135</num><heading>Information sharing</heading><subsection eId="section-135-1"><num>(1)</num><intro><p>The Commissioners may disclose such information as the Commissioners consider appropriate in connection with—</p></intro><level class="para1" eId="section-135-1-a"><num>(a)</num><content><p>the Commissioners’ functions relating to vaping products duty, or</p></content></level><level class="para1" eId="section-135-1-b"><num>(b)</num><content><p>the recipient’s functions relating to vaping products duty.</p></content></level></subsection><subsection eId="section-135-2"><num>(2)</num><intro><p>Any person with functions relating to vaping products duty may disclose to HMRC such information as the person considers appropriate in connection with—</p></intro><level class="para1" eId="section-135-2-a"><num>(a)</num><content><p>the Commissioners’ functions relating to vaping products duty, or</p></content></level><level class="para1" eId="section-135-2-b"><num>(b)</num><content><p>the person’s functions relating to vaping products duty.</p></content></level></subsection><subsection eId="section-135-3"><num>(3)</num><intro><p>A person who receives information from the Commissioners as a result of this section may not—</p></intro><level class="para1" eId="section-135-3-a"><num>(a)</num><content><p>use the information for a purpose other than the purpose for which it was disclosed, or</p></content></level><level class="para1" eId="section-135-3-b"><num>(b)</num><content><p>further disclose the information,</p></content></level><wrapUp><p>except with the consent of the Commissioners (which may be general or specific).</p></wrapUp></subsection><subsection eId="section-135-4"><num>(4)</num><intro><p>If—</p></intro><level class="para1" eId="section-135-4-a"><num>(a)</num><content><p>a person discloses information in contravention of subsection <ref href="#section-135-3">(3)</ref><ref href="#section-135-3-b">(b)</ref>, and</p></content></level><level class="para1" eId="section-135-4-b"><num>(b)</num><content><p>the information relates to a person whose identity is specified in, or can be deduced from, the disclosure,</p></content></level><wrapUp><p>section 19 of CRCA 2005 (offence of wrongful disclosure) applies in relation to that disclosure as it applies in relation to a disclosure of information in contravention of section 20(9) of that Act.</p></wrapUp></subsection><subsection eId="section-135-5"><num>(5)</num><content><p>Nothing in this section limits the circumstances in which information may be disclosed under section 18(2) of CRCA 2005 or under any other enactment or rule of law.</p></content></subsection><subsection eId="section-135-6"><num>(6)</num><content><p>In this section, a reference to the Commissioners or HMRC include a reference to anyone acting on their behalf.</p></content></subsection></section><section eId="section-136"><num>136</num><heading>Investigation and enforcement</heading><subsection eId="section-136-1"><num>(1)</num><content><p>A local enforcement authority may investigate compliance with this Part, regulations made under this Part and regulations made under <ref eId="c00162" href="https://www.legislation.gov.uk/ukpga/2018/22/section/45">section 45</ref> of <ref eId="c00163" href="https://www.legislation.gov.uk/ukpga/2018/22/contents">TCTA 2018</ref> in relation to vaping products duty, and may carry out inspections of vaping products for that purpose.</p></content></subsection><subsection eId="section-136-2"><num>(2)</num><intro><p>In this section, “<term refersTo="#term-local-enforcement-authority" eId="term-local-enforcement-authority">local enforcement authority</term>” means—</p></intro><level class="para1" eId="section-136-2-a"><num>(a)</num><content><p>in Great Britain, a local weights and measures authority within the meaning of section 69 of the Weights and Measures Act 1985;</p></content></level><level class="para1" eId="section-136-2-b"><num>(b)</num><content><p>in Northern Ireland, a district council.</p></content></level></subsection></section><section eId="section-137"><num>137</num><heading>Regulations: further provision</heading><subsection eId="section-137-1"><num>(1)</num><intro><p>Regulations under this Part may—</p></intro><level class="para1" eId="section-137-1-a"><num>(a)</num><content><p>confer a discretion on any specified person to do anything under, or for the purposes of, the regulations;</p></content></level><level class="para1" eId="section-137-1-b"><num>(b)</num><content><p>make provision by reference to things specified in a notice published in accordance with the regulations;</p></content></level><level class="para1" eId="section-137-1-c"><num>(c)</num><content><p>make supplementary, incidental and consequential provision;</p></content></level><level class="para1" eId="section-137-1-d"><num>(d)</num><content><p>make transitional or transitory provision and savings.</p></content></level></subsection><subsection eId="section-137-2"><num>(2)</num><intro><p>A power to make regulations under this Part, or a power to exercise a discretion or publish a notice under regulations made under this Part, may be exercised—</p></intro><level class="para1" eId="section-137-2-a"><num>(a)</num><content><p>in relation to all cases to which the power extends, or in relation to those cases subject to specified exceptions, or in relation to any specified case or description of case;</p></content></level><level class="para1" eId="section-137-2-b"><num>(b)</num><content><p>so as to make different provision for different purposes or areas.</p></content></level></subsection><subsection eId="section-137-3"><num>(3)</num><content><p>A notice published under this Part may be withdrawn or revised by further published notice.</p></content></subsection><subsection eId="section-137-4"><num>(4)</num><content><p>A power to make regulations under this Part does not restrict any power to make legislation under any other enactment relating to excise duty.</p></content></subsection></section><section eId="section-138"><num>138</num><heading>Regulations: procedure</heading><subsection eId="section-138-1"><num>(1)</num><content><p>Regulations under this Part must be made by statutory instrument.</p></content></subsection><subsection eId="section-138-2"><num>(2)</num><intro><p>A statutory instrument containing regulations under this Part is subject to made affirmative procedure if it contains (whether alone or with other provision) provision that—</p></intro><level class="para1" eId="section-138-2-a"><num>(a)</num><content><p>amends an Act of Parliament,</p></content></level><level class="para1" eId="section-138-2-b"><num>(b)</num><content><p>restricts any rebate of or relief from vaping products duty, or</p></content></level><level class="para1" eId="section-138-2-c"><num>(c)</num><content><p>extends the cases in which vaping products are required to be stamped.</p></content></level></subsection><subsection eId="section-138-3"><num>(3)</num><intro><p>Where a statutory instrument is subject to made affirmative procedure—</p></intro><level class="para1" eId="section-138-3-a"><num>(a)</num><content><p>it must be laid before the House of Commons after being made, and</p></content></level><level class="para1" eId="section-138-3-b"><num>(b)</num><content><p>it ceases to have effect at the end of the period of 28 days beginning with the day on which the instrument is made, unless within that period the instrument is approved by a resolution of the House of Commons.</p></content></level></subsection><subsection eId="section-138-4"><num>(4)</num><intro><p>Where a statutory instrument ceases to have effect as a result of subsection <ref href="#section-138-3">(3)</ref>, that does not—</p></intro><level class="para1" eId="section-138-4-a"><num>(a)</num><content><p>affect the validity of anything previously done under the instrument, or</p></content></level><level class="para1" eId="section-138-4-b"><num>(b)</num><content><p>prevent the making of a new statutory instrument.</p></content></level></subsection><subsection eId="section-138-5"><num>(5)</num><intro><p>In calculating the period of 28 days for the purposes of subsection <ref href="#section-138-3">(3)</ref>, no account is to be taken of any whole days that fall within a period during which—</p></intro><level class="para1" eId="section-138-5-a"><num>(a)</num><content><p>Parliament is dissolved or prorogued, or</p></content></level><level class="para1" eId="section-138-5-b"><num>(b)</num><content><p>the House of Commons is adjourned for more than 4 days.</p></content></level></subsection><subsection eId="section-138-6"><num>(6)</num><content><p>A statutory instrument containing regulations under this Part is subject to annulment in pursuance of a resolution of the House of Commons if it does not contain provision of a kind described in <ref href="#section-138-2">subsection (2)</ref>.</p></content></subsection><subsection eId="section-138-7"><num>(7)</num><content><p><ref href="#section-138-2">Subsections (2)</ref> to <ref href="#section-138-6">(6)</ref> do not apply to regulations made under <ref href="#section-141">section 141</ref> (commencement and transitional provision).</p></content></subsection></section><section eId="section-139"><num>139</num><heading>Amendments of other enactments</heading><content><p><ref href="#schedule-15">Schedule 15</ref> contains amendments of other enactments.</p></content></section><section eId="section-140"><num>140</num><heading>Interpretation</heading><intro><p>In <ref href="#part-4">this Part</ref>—</p></intro><hcontainer name="definition"><content><p>“<term refersTo="#term-activated" eId="term-activated">activated</term>”, in relation to a duty stamp, means linked to a particular vaping product in accordance with regulations made under <ref href="#section-120">section 120</ref> and section 45 of TCTA 2018;</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-approved-stamp-holder" eId="term-approved-stamp-holder">approved stamp holder</term>” means a person approved under <ref href="#section-122">section 122</ref> (approved stamp holders);</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-commissioners" eId="term-commissioners">Commissioners</term>” means the Commissioners for His Majesty’s Revenue and Customs;</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-duty-deferment-arrangement" eId="term-duty-deferment-arrangement">duty deferment arrangement</term>” means provision made by or under the customs and excise Acts that permits the payment of excise duty to be deferred;</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-duty-stamp" eId="term-duty-stamp">duty stamp</term>” has the meaning given in section <ref href="#section-120">120</ref><ref href="#section-120-4">(4)</ref>;</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-hmrc" eId="term-hmrc">HMRC</term>” means His Majesty’s Revenue and Customs;</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-medicinal-product" eId="term-medicinal-product">medicinal product</term>” has the meaning given in the <ref eId="c00164" href="https://www.legislation.gov.uk/uksi/2012/1916/contents">Human Medicines Regulations 2012</ref> (<ref eId="c00165" href="http://www.legislation.gov.uk/id/uksi/2012/1916">S.I. 2012/1916</ref>);</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-overseas-person" eId="term-overseas-person">overseas person</term>” has the meaning given in <ref href="#section-123">section 123</ref><ref href="#section-123-8">(8)</ref> (United Kingdom representatives);</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-retail-packaging" eId="term-retail-packaging">retail packaging</term>”, in relation to a product, means the packaging in which it is, or is intended to be, presented for sale by retail;</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-stamp-issuer" eId="term-stamp-issuer">stamp issuer</term>” has the meaning given in <ref href="#section-121">section 121</ref><ref href="#section-121-4">(4)</ref>;</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-stamped-vaping-product" eId="term-stamped-vaping-product">stamped vaping product</term>” means a vaping product which is stamped in accordance with this Part and regulations made under section 45 of TCTA 2018;</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-tobacco-product" eId="term-tobacco-product">tobacco product</term>” has the meaning given in <ref eId="c00166" href="https://www.legislation.gov.uk/ukpga/1979/7/section/1">section 1</ref> of <ref eId="c00167" href="https://www.legislation.gov.uk/ukpga/1979/7/contents">TPDA 1979</ref>;</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-uk-representative" eId="term-uk-representative">UK representative</term>” has the meaning given in <ref href="#section-123">section 123</ref><ref href="#section-123-8">(8)</ref>;</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-unstamped-vaping-product" eId="term-unstamped-vaping-product">unstamped vaping product</term>” means a vaping product which is required to be stamped in accordance with this Part and regulations made under section 45 of TCTA 2018, but is not so stamped;</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-vape" eId="term-vape">vape</term>” means a device that vaporises substances for the purpose of inhalation through a mouthpiece;</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-vaping-product" eId="term-vaping-product">vaping product</term>” has the meaning given in section <ref href="#section-116">116</ref><ref href="#section-116-1">(1)</ref> (but see subsection (2));</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-vaping-products-duty" eId="term-vaping-products-duty">vaping products duty</term>” has the meaning given in section <ref href="#section-115">115</ref><ref href="#section-115-3">(3)</ref>.</p></content></hcontainer></section><section eId="section-141"><num>141</num><heading>Commencement and transitional provision</heading><subsection eId="section-141-1"><num>(1)</num><content><p>Section <ref href="#section-115">115</ref> comes into force on 1 October 2026.</p></content></subsection><subsection eId="section-141-2"><num>(2)</num><intro><p>Section <ref href="#section-115">115</ref> has effect in relation to vaping products that—</p></intro><level class="para1" eId="section-141-2-a"><num>(a)</num><content><p>were produced in, or imported into, the United Kingdom before 1 October 2026, and</p></content></level><level class="para1" eId="section-141-2-b"><num>(b)</num><content><p>are stamped (see <ref href="#section-120">section 120</ref><ref href="#section-120-2">(2)</ref>),</p></content></level><wrapUp><p>as though they were produced in, or imported into, the United Kingdom on 1 October 2026.</p></wrapUp></subsection><subsection eId="section-141-3"><num>(3)</num><content><p>Sections <ref href="#section-117">117</ref><ref href="#section-117-4">(4)</ref> (production only in accordance with regulations) and <ref href="#section-120">120</ref><ref href="#section-120-1">(1)</ref> (duty to stamp in accordance with regulations) come into force on such day as the Treasury may by regulations appoint.</p></content></subsection><subsection eId="section-141-4"><num>(4)</num><content><p><ref href="#section-129">Section 129</ref> comes into force two months after this Act is passed.</p></content></subsection><subsection eId="section-141-5"><num>(5)</num><content><p><ref href="#section-130">Sections 130</ref> and <ref href="#section-131">131</ref> (dealing in unstamped vaping products and sales ban) come into force on 1 April 2027, and have effect in relation to vaping products irrespective of when they were produced or imported.</p></content></subsection><subsection eId="section-141-6"><num>(6)</num><intro><p>The Treasury may by regulations provide that, for a specified period, <ref href="#part-4">this Part</ref> has effect as though—</p></intro><level class="para1" eId="section-141-6-a"><num>(a)</num><content><p>a reference to a duty stamp includes a reference to a transitional duty stamp;</p></content></level><level class="para1" eId="section-141-6-b"><num>(b)</num><content><p>in <ref href="#section-122">section 122</ref><ref href="#section-122-3">(3)</ref> the words “and activated in respect of” were omitted;</p></content></level><level class="para1" eId="section-141-6-c"><num>(c)</num><content><p><ref href="#section-124">sections 124</ref><ref href="#section-124-1">(1)</ref><ref href="#section-124-1-c">(c)</ref> and <ref href="#section-126">126</ref><ref href="#section-126-1">(1)</ref><ref href="#section-126-1-b">(b)</ref> were omitted.</p></content></level></subsection><subsection eId="section-141-7"><num>(7)</num><intro><p>Regulations under <ref href="#section-141-6">subsection (6)</ref> may—</p></intro><level class="para1" eId="section-141-7-a"><num>(a)</num><content><p>define “transitional duty stamp”;</p></content></level><level class="para1" eId="section-141-7-b"><num>(b)</num><content><p>make further provision about the specified period and transitional duty stamps.</p></content></level></subsection><subsection eId="section-141-8"><num>(8)</num><content><p>The Treasury may by regulations provide that, for a specified period, <ref href="#part-4">this Part</ref> has effect as though a reference to an approved stamp holder or UK representative is a reference to a person being approved or treated as an approved stamp holder or UK representative.</p></content></subsection><subsection eId="section-141-9"><num>(9)</num><content><p>Regulations under <ref href="#section-141-8">subsection (8)</ref> may make provision about when a person is to be treated as an approved stamp holder or UK representative.</p></content></subsection><subsection eId="section-141-10"><num>(10)</num><content><p>The Treasury may by regulations extend a period specified in regulations under this section.</p></content></subsection><subsection eId="section-141-11"><num>(11)</num><content><p>Regulations under <ref href="#section-141-7">subsection (7)</ref><ref href="#section-141-7-b">(b)</ref> may include provision imposing penalties and for forfeiture.</p></content></subsection><subsection eId="section-141-12"><num>(12)</num><content><p>A statutory instrument containing regulations under this section is subject to annulment in pursuance of a resolution of the House of Commons.</p></content></subsection></section></hcontainer></part>
<hcontainer xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" name="crossheading" ukl:Name="Pblock" eId="part-4-crossheading-charge"><heading>Charge</heading><section eId="section-115"><num>115</num><heading>Excise duty: charge</heading><subsection eId="section-115-1"><num>(1)</num><content><p>An excise duty is charged on vaping products produced in, or imported into, the United Kingdom.</p></content></subsection><subsection eId="section-115-2"><num>(2)</num><content><p>The duty is charged at a rate of £2.20 per 10 millilitres, rounded down to the nearest penny.</p></content></subsection><subsection eId="section-115-3"><num>(3)</num><content><p>In this Part, “<term refersTo="#term-vaping-products-duty" eId="term-vaping-products-duty">vaping products duty</term>” means excise duty charged under this section.</p></content></subsection></section><section eId="section-116"><num>116</num><heading>Vaping products</heading><subsection eId="section-116-1"><num>(1)</num><intro><p>In this Part, “<term refersTo="#term-vaping-product" eId="term-vaping-product">vaping product</term>” means a liquid that—</p></intro><level class="para1" eId="section-116-1-a"><num>(a)</num><content><p>contains nicotine and either or both of glycerine and a glycol, or</p></content></level><level class="para1" eId="section-116-1-b"><num>(b)</num><content><p>is intended to be vaporised by a vape,</p></content></level><wrapUp><p>and is not a medicinal product or a tobacco product.</p></wrapUp></subsection><subsection eId="section-116-2"><num>(2)</num><intro><p>For the purposes of this Part—</p></intro><level class="para1" eId="section-116-2-a"><num>(a)</num><content><p>a liquid may be intended to be vaporised by a vape even if a consumer would be required to mix it with another substance before vaporising it by a vape;</p></content></level><level class="para1" eId="section-116-2-b"><num>(b)</num><content><p>a reference to vaporisation includes a reference to aerosolisation;</p></content></level><level class="para1" eId="section-116-2-c"><num>(c)</num><content><p>a reference to a liquid includes a reference to a liquid that has been frozen.</p></content></level></subsection></section><section eId="section-117"><num>117</num><heading>Production of vaping products</heading><subsection eId="section-117-1"><num>(1)</num><intro><p>For the purposes of <ref href="#part-4">this Part</ref>, a vaping product is produced if—</p></intro><level class="para1" eId="section-117-1-a"><num>(a)</num><intro><p>a substance that is not duty-paid is—</p></intro><level class="para2" eId="section-117-1-a-i"><num>(i)</num><content><p>combined or mixed with another substance (whether or not that substance is duty-paid), or</p></content></level><level class="para2" eId="section-117-1-a-ii"><num>(ii)</num><content><p>otherwise processed, and</p></content></level></level><level class="para1" eId="section-117-1-b"><num>(b)</num><content><p>the resulting substance is a vaping product.</p></content></level></subsection><subsection eId="section-117-2"><num>(2)</num><content><p>If a liquid that is not duty-paid is packaged, labelled or advertised so as to indicate it is intended to be vaporised by a vape, the act of packaging, labelling or advertising is to be treated, for the purposes of <ref href="#part-4">this Part</ref>, as producing a vaping product.</p></content></subsection><subsection eId="section-117-3"><num>(3)</num><intro><p>In <ref href="#section-117">this section</ref>, a reference to a substance or liquid that is not duty-paid is a reference to a substance or liquid that—</p></intro><level class="para1" eId="section-117-3-a"><num>(a)</num><content><p>is not a vaping product, or</p></content></level><level class="para1" eId="section-117-3-b"><num>(b)</num><content><p>is a vaping product on which duty has not been paid or deferred under a duty deferment arrangement.</p></content></level></subsection><subsection eId="section-117-4"><num>(4)</num><content><p>Vaping products must not be produced except in accordance with regulations under <ref eId="c00152" href="https://www.legislation.gov.uk/ukpga/2018/22/section/45">section 45</ref> of <ref eId="c00153" href="https://www.legislation.gov.uk/ukpga/2018/22/contents">TCTA 2018</ref>.</p></content></subsection></section><section eId="section-118"><num>118</num><heading>Excise duty point and payment</heading><intro><p>Vaping products duty is to be paid, and the amount chargeable is to be determined and become due, in accordance with provision made by or under—</p></intro><level class="para1" eId="section-118-a"><num>(a)</num><content><p><ref eId="c00154" href="https://www.legislation.gov.uk/ukpga/1992/48/section/1">section 1</ref> of <ref eId="c00155" href="https://www.legislation.gov.uk/ukpga/1992/48/contents">F(No.2)A 1992</ref> (powers to fix excise duty point);</p></content></level><level class="para1" eId="section-118-b"><num>(b)</num><content><p><ref eId="c00156" href="https://www.legislation.gov.uk/ukpga/2018/22/section/45">section 45</ref> of <ref eId="c00157" href="https://www.legislation.gov.uk/ukpga/2018/22/contents">TCTA 2018</ref> (general power for excise duty purposes etc).</p></content></level></section></hcontainer>
<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-115"><num>115</num><heading>Excise duty: charge</heading><subsection eId="section-115-1"><num>(1)</num><content><p>An excise duty is charged on vaping products produced in, or imported into, the United Kingdom.</p></content></subsection><subsection eId="section-115-2"><num>(2)</num><content><p>The duty is charged at a rate of £2.20 per 10 millilitres, rounded down to the nearest penny.</p></content></subsection><subsection eId="section-115-3"><num>(3)</num><content><p>In this Part, “<term refersTo="#term-vaping-products-duty" eId="term-vaping-products-duty">vaping products duty</term>” means excise duty charged under this section.</p></content></subsection></section>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-115-1"><num>(1)</num><content><p>An excise duty is charged on vaping products produced in, or imported into, the United Kingdom.</p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-115-2"><num>(2)</num><content><p>The duty is charged at a rate of £2.20 per 10 millilitres, rounded down to the nearest penny.</p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-115-3"><num>(3)</num><content><p>In this Part, “<term refersTo="#term-vaping-products-duty" eId="term-vaping-products-duty">vaping products duty</term>” means excise duty charged under this section.</p></content></subsection>
<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-116"><num>116</num><heading>Vaping products</heading><subsection eId="section-116-1"><num>(1)</num><intro><p>In this Part, “<term refersTo="#term-vaping-product" eId="term-vaping-product">vaping product</term>” means a liquid that—</p></intro><level class="para1" eId="section-116-1-a"><num>(a)</num><content><p>contains nicotine and either or both of glycerine and a glycol, or</p></content></level><level class="para1" eId="section-116-1-b"><num>(b)</num><content><p>is intended to be vaporised by a vape,</p></content></level><wrapUp><p>and is not a medicinal product or a tobacco product.</p></wrapUp></subsection><subsection eId="section-116-2"><num>(2)</num><intro><p>For the purposes of this Part—</p></intro><level class="para1" eId="section-116-2-a"><num>(a)</num><content><p>a liquid may be intended to be vaporised by a vape even if a consumer would be required to mix it with another substance before vaporising it by a vape;</p></content></level><level class="para1" eId="section-116-2-b"><num>(b)</num><content><p>a reference to vaporisation includes a reference to aerosolisation;</p></content></level><level class="para1" eId="section-116-2-c"><num>(c)</num><content><p>a reference to a liquid includes a reference to a liquid that has been frozen.</p></content></level></subsection></section>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-116-1"><num>(1)</num><intro><p>In this Part, “<term refersTo="#term-vaping-product" eId="term-vaping-product">vaping product</term>” means a liquid that—</p></intro><level class="para1" eId="section-116-1-a"><num>(a)</num><content><p>contains nicotine and either or both of glycerine and a glycol, or</p></content></level><level class="para1" eId="section-116-1-b"><num>(b)</num><content><p>is intended to be vaporised by a vape,</p></content></level><wrapUp><p>and is not a medicinal product or a tobacco product.</p></wrapUp></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-116-1-a"><num>(a)</num><content><p>contains nicotine and either or both of glycerine and a glycol, or</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-116-1-b"><num>(b)</num><content><p>is intended to be vaporised by a vape,</p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-116-2"><num>(2)</num><intro><p>For the purposes of this Part—</p></intro><level class="para1" eId="section-116-2-a"><num>(a)</num><content><p>a liquid may be intended to be vaporised by a vape even if a consumer would be required to mix it with another substance before vaporising it by a vape;</p></content></level><level class="para1" eId="section-116-2-b"><num>(b)</num><content><p>a reference to vaporisation includes a reference to aerosolisation;</p></content></level><level class="para1" eId="section-116-2-c"><num>(c)</num><content><p>a reference to a liquid includes a reference to a liquid that has been frozen.</p></content></level></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-116-2-a"><num>(a)</num><content><p>a liquid may be intended to be vaporised by a vape even if a consumer would be required to mix it with another substance before vaporising it by a vape;</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-116-2-b"><num>(b)</num><content><p>a reference to vaporisation includes a reference to aerosolisation;</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-116-2-c"><num>(c)</num><content><p>a reference to a liquid includes a reference to a liquid that has been frozen.</p></content></level>
<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-117"><num>117</num><heading>Production of vaping products</heading><subsection eId="section-117-1"><num>(1)</num><intro><p>For the purposes of <ref href="#part-4">this Part</ref>, a vaping product is produced if—</p></intro><level class="para1" eId="section-117-1-a"><num>(a)</num><intro><p>a substance that is not duty-paid is—</p></intro><level class="para2" eId="section-117-1-a-i"><num>(i)</num><content><p>combined or mixed with another substance (whether or not that substance is duty-paid), or</p></content></level><level class="para2" eId="section-117-1-a-ii"><num>(ii)</num><content><p>otherwise processed, and</p></content></level></level><level class="para1" eId="section-117-1-b"><num>(b)</num><content><p>the resulting substance is a vaping product.</p></content></level></subsection><subsection eId="section-117-2"><num>(2)</num><content><p>If a liquid that is not duty-paid is packaged, labelled or advertised so as to indicate it is intended to be vaporised by a vape, the act of packaging, labelling or advertising is to be treated, for the purposes of <ref href="#part-4">this Part</ref>, as producing a vaping product.</p></content></subsection><subsection eId="section-117-3"><num>(3)</num><intro><p>In <ref href="#section-117">this section</ref>, a reference to a substance or liquid that is not duty-paid is a reference to a substance or liquid that—</p></intro><level class="para1" eId="section-117-3-a"><num>(a)</num><content><p>is not a vaping product, or</p></content></level><level class="para1" eId="section-117-3-b"><num>(b)</num><content><p>is a vaping product on which duty has not been paid or deferred under a duty deferment arrangement.</p></content></level></subsection><subsection eId="section-117-4"><num>(4)</num><content><p>Vaping products must not be produced except in accordance with regulations under <ref eId="c00152" href="https://www.legislation.gov.uk/ukpga/2018/22/section/45">section 45</ref> of <ref eId="c00153" href="https://www.legislation.gov.uk/ukpga/2018/22/contents">TCTA 2018</ref>.</p></content></subsection></section>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-117-1"><num>(1)</num><intro><p>For the purposes of <ref href="#part-4">this Part</ref>, a vaping product is produced if—</p></intro><level class="para1" eId="section-117-1-a"><num>(a)</num><intro><p>a substance that is not duty-paid is—</p></intro><level class="para2" eId="section-117-1-a-i"><num>(i)</num><content><p>combined or mixed with another substance (whether or not that substance is duty-paid), or</p></content></level><level class="para2" eId="section-117-1-a-ii"><num>(ii)</num><content><p>otherwise processed, and</p></content></level></level><level class="para1" eId="section-117-1-b"><num>(b)</num><content><p>the resulting substance is a vaping product.</p></content></level></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-117-1-a"><num>(a)</num><intro><p>a substance that is not duty-paid is—</p></intro><level class="para2" eId="section-117-1-a-i"><num>(i)</num><content><p>combined or mixed with another substance (whether or not that substance is duty-paid), or</p></content></level><level class="para2" eId="section-117-1-a-ii"><num>(ii)</num><content><p>otherwise processed, and</p></content></level></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para2" eId="section-117-1-a-i"><num>(i)</num><content><p>combined or mixed with another substance (whether or not that substance is duty-paid), or</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para2" eId="section-117-1-a-ii"><num>(ii)</num><content><p>otherwise processed, and</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-117-1-b"><num>(b)</num><content><p>the resulting substance is a vaping product.</p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-117-2"><num>(2)</num><content><p>If a liquid that is not duty-paid is packaged, labelled or advertised so as to indicate it is intended to be vaporised by a vape, the act of packaging, labelling or advertising is to be treated, for the purposes of <ref href="#part-4">this Part</ref>, as producing a vaping product.</p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-117-3"><num>(3)</num><intro><p>In <ref href="#section-117">this section</ref>, a reference to a substance or liquid that is not duty-paid is a reference to a substance or liquid that—</p></intro><level class="para1" eId="section-117-3-a"><num>(a)</num><content><p>is not a vaping product, or</p></content></level><level class="para1" eId="section-117-3-b"><num>(b)</num><content><p>is a vaping product on which duty has not been paid or deferred under a duty deferment arrangement.</p></content></level></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-117-3-a"><num>(a)</num><content><p>is not a vaping product, or</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-117-3-b"><num>(b)</num><content><p>is a vaping product on which duty has not been paid or deferred under a duty deferment arrangement.</p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-117-4"><num>(4)</num><content><p>Vaping products must not be produced except in accordance with regulations under <ref eId="c00152" href="https://www.legislation.gov.uk/ukpga/2018/22/section/45">section 45</ref> of <ref eId="c00153" href="https://www.legislation.gov.uk/ukpga/2018/22/contents">TCTA 2018</ref>.</p></content></subsection>
<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-118"><num>118</num><heading>Excise duty point and payment</heading><intro><p>Vaping products duty is to be paid, and the amount chargeable is to be determined and become due, in accordance with provision made by or under—</p></intro><level class="para1" eId="section-118-a"><num>(a)</num><content><p><ref eId="c00154" href="https://www.legislation.gov.uk/ukpga/1992/48/section/1">section 1</ref> of <ref eId="c00155" href="https://www.legislation.gov.uk/ukpga/1992/48/contents">F(No.2)A 1992</ref> (powers to fix excise duty point);</p></content></level><level class="para1" eId="section-118-b"><num>(b)</num><content><p><ref eId="c00156" href="https://www.legislation.gov.uk/ukpga/2018/22/section/45">section 45</ref> of <ref eId="c00157" href="https://www.legislation.gov.uk/ukpga/2018/22/contents">TCTA 2018</ref> (general power for excise duty purposes etc).</p></content></level></section>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-118-a"><num>(a)</num><content><p><ref eId="c00154" href="https://www.legislation.gov.uk/ukpga/1992/48/section/1">section 1</ref> of <ref eId="c00155" href="https://www.legislation.gov.uk/ukpga/1992/48/contents">F(No.2)A 1992</ref> (powers to fix excise duty point);</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-118-b"><num>(b)</num><content><p><ref eId="c00156" href="https://www.legislation.gov.uk/ukpga/2018/22/section/45">section 45</ref> of <ref eId="c00157" href="https://www.legislation.gov.uk/ukpga/2018/22/contents">TCTA 2018</ref> (general power for excise duty purposes etc).</p></content></level>
<hcontainer xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" name="crossheading" ukl:Name="Pblock" eId="part-4-crossheading-administration"><heading>Administration</heading><section eId="section-119"><num>119</num><heading>Administration</heading><subsection eId="section-119-1"><num>(1)</num><content><p>The Commissioners are responsible for the collection and management of vaping products duty.</p></content></subsection><subsection eId="section-119-2"><num>(2)</num><intro><p>For the purposes of this Part, the Commissioners may by regulations make provision—</p></intro><level class="para1" eId="section-119-2-a"><num>(a)</num><content><p>requiring vaping products to be held in duty suspense arrangements, including in premises of a kind specified in the regulations;</p></content></level><level class="para1" eId="section-119-2-b"><num>(b)</num><content><p>requiring the giving of a guarantee or other security;</p></content></level><level class="para1" eId="section-119-2-c"><num>(c)</num><content><p>for exceptions to <ref href="#section-129">sections 129</ref> to <ref href="#section-131">131</ref> (offences);</p></content></level><level class="para1" eId="section-119-2-d"><num>(d)</num><content><p>about civil penalties and forfeiture, including provision for exceptions and joint and several liability;</p></content></level><level class="para1" eId="section-119-2-e"><num>(e)</num><content><p>about appeals, including provision amending FA 1994.</p></content></level></subsection></section></hcontainer>
<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-119"><num>119</num><heading>Administration</heading><subsection eId="section-119-1"><num>(1)</num><content><p>The Commissioners are responsible for the collection and management of vaping products duty.</p></content></subsection><subsection eId="section-119-2"><num>(2)</num><intro><p>For the purposes of this Part, the Commissioners may by regulations make provision—</p></intro><level class="para1" eId="section-119-2-a"><num>(a)</num><content><p>requiring vaping products to be held in duty suspense arrangements, including in premises of a kind specified in the regulations;</p></content></level><level class="para1" eId="section-119-2-b"><num>(b)</num><content><p>requiring the giving of a guarantee or other security;</p></content></level><level class="para1" eId="section-119-2-c"><num>(c)</num><content><p>for exceptions to <ref href="#section-129">sections 129</ref> to <ref href="#section-131">131</ref> (offences);</p></content></level><level class="para1" eId="section-119-2-d"><num>(d)</num><content><p>about civil penalties and forfeiture, including provision for exceptions and joint and several liability;</p></content></level><level class="para1" eId="section-119-2-e"><num>(e)</num><content><p>about appeals, including provision amending FA 1994.</p></content></level></subsection></section>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-119-1"><num>(1)</num><content><p>The Commissioners are responsible for the collection and management of vaping products duty.</p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-119-2"><num>(2)</num><intro><p>For the purposes of this Part, the Commissioners may by regulations make provision—</p></intro><level class="para1" eId="section-119-2-a"><num>(a)</num><content><p>requiring vaping products to be held in duty suspense arrangements, including in premises of a kind specified in the regulations;</p></content></level><level class="para1" eId="section-119-2-b"><num>(b)</num><content><p>requiring the giving of a guarantee or other security;</p></content></level><level class="para1" eId="section-119-2-c"><num>(c)</num><content><p>for exceptions to <ref href="#section-129">sections 129</ref> to <ref href="#section-131">131</ref> (offences);</p></content></level><level class="para1" eId="section-119-2-d"><num>(d)</num><content><p>about civil penalties and forfeiture, including provision for exceptions and joint and several liability;</p></content></level><level class="para1" eId="section-119-2-e"><num>(e)</num><content><p>about appeals, including provision amending FA 1994.</p></content></level></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-119-2-a"><num>(a)</num><content><p>requiring vaping products to be held in duty suspense arrangements, including in premises of a kind specified in the regulations;</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-119-2-b"><num>(b)</num><content><p>requiring the giving of a guarantee or other security;</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-119-2-c"><num>(c)</num><content><p>for exceptions to <ref href="#section-129">sections 129</ref> to <ref href="#section-131">131</ref> (offences);</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-119-2-d"><num>(d)</num><content><p>about civil penalties and forfeiture, including provision for exceptions and joint and several liability;</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-119-2-e"><num>(e)</num><content><p>about appeals, including provision amending FA 1994.</p></content></level>
<hcontainer xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" name="crossheading" ukl:Name="Pblock" eId="part-4-crossheading-duty-stamps"><heading>Duty stamps</heading><section eId="section-120"><num>120</num><heading>Stamping of vaping products</heading><subsection eId="section-120-1"><num>(1)</num><content><p>A vaping product must be stamped in accordance with regulations made under this Part and section 45 of TCTA 2018.</p></content></subsection><subsection eId="section-120-2"><num>(2)</num><intro><p>For the purposes of this Part, a vaping product is stamped if a duty stamp is affixed to—</p></intro><level class="para1" eId="section-120-2-a"><num>(a)</num><content><p>the vaping product, or</p></content></level><level class="para1" eId="section-120-2-b"><num>(b)</num><content><p>the retail packaging of the vaping product,</p></content></level><wrapUp><p>and a reference to a stamp being affixed to a vaping product includes a reference to a stamp being affixed to its retail packaging.</p></wrapUp></subsection><subsection eId="section-120-3"><num>(3)</num><intro><p>The Commissioners may by regulations make provision—</p></intro><level class="para1" eId="section-120-3-a"><num>(a)</num><content><p>requiring a stamp to be linked to a particular vaping product;</p></content></level><level class="para1" eId="section-120-3-b"><num>(b)</num><content><p>specifying information to be provided to HMRC for the purpose of <ref href="#section-120-3-a">paragraph (a)</ref> or otherwise in connection with a stamped vaping product.</p></content></level></subsection><subsection eId="section-120-4"><num>(4)</num><intro><p>In <ref href="#part-4">this Part</ref>, a “<term refersTo="#term-duty-stamp" eId="term-duty-stamp">duty stamp</term>” means a document issued by the Commissioners that—</p></intro><level class="para1" eId="section-120-4-a"><num>(a)</num><content><p>is designed to be affixed to a vaping product or the retail packaging of a vaping product,</p></content></level><level class="para1" eId="section-120-4-b"><num>(b)</num><content><p>is uniquely identifiable, and</p></content></level><level class="para1" eId="section-120-4-c"><num>(c)</num><content><p>indicates that the product to which it is affixed is liable to vaping products duty.</p></content></level></subsection></section><section eId="section-121"><num>121</num><heading>Issue and management of duty stamps</heading><subsection eId="section-121-1"><num>(1)</num><content><p>The Commissioners must make arrangements for the issue and management of duty stamps.</p></content></subsection><subsection eId="section-121-2"><num>(2)</num><content><p>The Commissioners may by regulations provide for the charging of fees in connection with the issue and management of duty stamps (but such a fee may not offset any liability to vaping products duty).</p></content></subsection><subsection eId="section-121-3"><num>(3)</num><content><p>The Commissioners may by published notice authorise a person to act as a stamp issuer for the purposes of this Part.</p></content></subsection><subsection eId="section-121-4"><num>(4)</num><intro><p>In this Part, “<term refersTo="#term-stamp-issuer" eId="term-stamp-issuer">stamp issuer</term>” means—</p></intro><level class="para1" eId="section-121-4-a"><num>(a)</num><content><p>a person authorised under subsection <ref href="#section-121-3">(3)</ref>, or</p></content></level><level class="para1" eId="section-121-4-b"><num>(b)</num><content><p>if no person is authorised, the Commissioners.</p></content></level></subsection></section><section eId="section-122"><num>122</num><heading>Approved stamp holders</heading><subsection eId="section-122-1"><num>(1)</num><content><p>A duty stamp may not be issued to a person who is not approved under this section.</p></content></subsection><subsection eId="section-122-2"><num>(2)</num><intro><p>The Commissioners may approve a person if they are satisfied that the person—</p></intro><level class="para1" eId="section-122-2-a"><num>(a)</num><content><p>has a fixed place of business in the United Kingdom, and</p></content></level><level class="para1" eId="section-122-2-b"><num>(b)</num><content><p>meets such other requirements as may be specified in regulations under section 45 of TCTA 2018.</p></content></level></subsection><subsection eId="section-122-3"><num>(3)</num><content><p>An approved stamp holder may not transfer a duty stamp to any person before it has been affixed to, and activated in respect of, a vaping product (in which case it may be transferred as part of the vaping product).</p></content></subsection><subsection eId="section-122-4"><num>(4)</num><content><p><ref href="#section-122-3">Subsection (3)</ref> does not prevent the return of stamps to a stamp issuer.</p></content></subsection><subsection eId="section-122-5"><num>(5)</num><intro><p>The Commissioners may by regulations make provision—</p></intro><level class="para1" eId="section-122-5-a"><num>(a)</num><content><p>about what it means to have a fixed place of business in the United Kingdom;</p></content></level><level class="para1" eId="section-122-5-b"><num>(b)</num><content><p>for exceptions to <ref href="#section-122-3">subsection (3)</ref>;</p></content></level><level class="para1" eId="section-122-5-c"><num>(c)</num><content><p>limiting the number of duty stamps that may be issued to (or, in the case of an overseas person, in respect of) a person within a specified period;</p></content></level><level class="para1" eId="section-122-5-d"><num>(d)</num><content><p>permitting or requiring duty stamps to be voided, destroyed or returned in certain circumstances, including on the expiry of a specified period.</p></content></level></subsection></section><section eId="section-123"><num>123</num><heading>United Kingdom representatives</heading><subsection eId="section-123-1"><num>(1)</num><content><p>The Commissioners may approve an approved stamp holder to represent a person who does not have a fixed place of business in the United Kingdom.</p></content></subsection><subsection eId="section-123-2"><num>(2)</num><content><p>A duty stamp may, at the request of a UK representative, be issued to the UK representative by way of delivery to an overseas person.</p></content></subsection><subsection eId="section-123-3"><num>(3)</num><content><p>A UK representative is responsible for a stamp issued as described in subsection (2) from the point at which it is delivered to the overseas person.</p></content></subsection><subsection eId="section-123-4"><num>(4)</num><content><p>Section <ref href="#section-122">122</ref><ref href="#section-122-3">(3)</ref> (restriction on transfer) does not apply in relation to the transfer of a duty stamp between a UK representative and an overseas person.</p></content></subsection><subsection eId="section-123-5"><num>(5)</num><content><p>A UK representative who transfers a duty stamp to an overseas person remains responsible for the stamp after transfer.</p></content></subsection><subsection eId="section-123-6"><num>(6)</num><content><p>For the purposes of subsections <ref href="#section-123-3">(3)</ref> and <ref href="#section-123-5">(5)</ref>, a person who is responsible for a stamp is also liable to penalties arising under this Part or regulations made under this Part in respect of it.</p></content></subsection><subsection eId="section-123-7"><num>(7)</num><intro><p>The Commissioners may by regulations make provision about UK representatives, including provision—</p></intro><level class="para1" eId="section-123-7-a"><num>(a)</num><content><p>about their dealings with an overseas person and what it means to be responsible for duty stamps, and</p></content></level><level class="para1" eId="section-123-7-b"><num>(b)</num><content><p>providing for exceptions to this section.</p></content></level></subsection><subsection eId="section-123-8"><num>(8)</num><intro><p>In this Part—</p></intro><hcontainer name="definition"><content><p>“<term refersTo="#term-overseas-person" eId="term-overseas-person">overseas person</term>” means, when used in connection with a UK representative, someone in respect of whom the UK representative is approved under subsection (1);</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-uk-representative" eId="term-uk-representative">UK representative</term>” means a person approved under subsection (1),</p></content></hcontainer><wrapUp><p>and a reference to a stamp being delivered to an approved stamp holder includes, in the case of a UK representative, a reference to a stamp being delivered to an overseas person.</p></wrapUp></subsection></section></hcontainer>
<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-120"><num>120</num><heading>Stamping of vaping products</heading><subsection eId="section-120-1"><num>(1)</num><content><p>A vaping product must be stamped in accordance with regulations made under this Part and section 45 of TCTA 2018.</p></content></subsection><subsection eId="section-120-2"><num>(2)</num><intro><p>For the purposes of this Part, a vaping product is stamped if a duty stamp is affixed to—</p></intro><level class="para1" eId="section-120-2-a"><num>(a)</num><content><p>the vaping product, or</p></content></level><level class="para1" eId="section-120-2-b"><num>(b)</num><content><p>the retail packaging of the vaping product,</p></content></level><wrapUp><p>and a reference to a stamp being affixed to a vaping product includes a reference to a stamp being affixed to its retail packaging.</p></wrapUp></subsection><subsection eId="section-120-3"><num>(3)</num><intro><p>The Commissioners may by regulations make provision—</p></intro><level class="para1" eId="section-120-3-a"><num>(a)</num><content><p>requiring a stamp to be linked to a particular vaping product;</p></content></level><level class="para1" eId="section-120-3-b"><num>(b)</num><content><p>specifying information to be provided to HMRC for the purpose of <ref href="#section-120-3-a">paragraph (a)</ref> or otherwise in connection with a stamped vaping product.</p></content></level></subsection><subsection eId="section-120-4"><num>(4)</num><intro><p>In <ref href="#part-4">this Part</ref>, a “<term refersTo="#term-duty-stamp" eId="term-duty-stamp">duty stamp</term>” means a document issued by the Commissioners that—</p></intro><level class="para1" eId="section-120-4-a"><num>(a)</num><content><p>is designed to be affixed to a vaping product or the retail packaging of a vaping product,</p></content></level><level class="para1" eId="section-120-4-b"><num>(b)</num><content><p>is uniquely identifiable, and</p></content></level><level class="para1" eId="section-120-4-c"><num>(c)</num><content><p>indicates that the product to which it is affixed is liable to vaping products duty.</p></content></level></subsection></section>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-120-1"><num>(1)</num><content><p>A vaping product must be stamped in accordance with regulations made under this Part and section 45 of TCTA 2018.</p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-120-2"><num>(2)</num><intro><p>For the purposes of this Part, a vaping product is stamped if a duty stamp is affixed to—</p></intro><level class="para1" eId="section-120-2-a"><num>(a)</num><content><p>the vaping product, or</p></content></level><level class="para1" eId="section-120-2-b"><num>(b)</num><content><p>the retail packaging of the vaping product,</p></content></level><wrapUp><p>and a reference to a stamp being affixed to a vaping product includes a reference to a stamp being affixed to its retail packaging.</p></wrapUp></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-120-2-a"><num>(a)</num><content><p>the vaping product, or</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-120-2-b"><num>(b)</num><content><p>the retail packaging of the vaping product,</p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-120-3"><num>(3)</num><intro><p>The Commissioners may by regulations make provision—</p></intro><level class="para1" eId="section-120-3-a"><num>(a)</num><content><p>requiring a stamp to be linked to a particular vaping product;</p></content></level><level class="para1" eId="section-120-3-b"><num>(b)</num><content><p>specifying information to be provided to HMRC for the purpose of <ref href="#section-120-3-a">paragraph (a)</ref> or otherwise in connection with a stamped vaping product.</p></content></level></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-120-3-a"><num>(a)</num><content><p>requiring a stamp to be linked to a particular vaping product;</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-120-3-b"><num>(b)</num><content><p>specifying information to be provided to HMRC for the purpose of <ref href="#section-120-3-a">paragraph (a)</ref> or otherwise in connection with a stamped vaping product.</p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-120-4"><num>(4)</num><intro><p>In <ref href="#part-4">this Part</ref>, a “<term refersTo="#term-duty-stamp" eId="term-duty-stamp">duty stamp</term>” means a document issued by the Commissioners that—</p></intro><level class="para1" eId="section-120-4-a"><num>(a)</num><content><p>is designed to be affixed to a vaping product or the retail packaging of a vaping product,</p></content></level><level class="para1" eId="section-120-4-b"><num>(b)</num><content><p>is uniquely identifiable, and</p></content></level><level class="para1" eId="section-120-4-c"><num>(c)</num><content><p>indicates that the product to which it is affixed is liable to vaping products duty.</p></content></level></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-120-4-a"><num>(a)</num><content><p>is designed to be affixed to a vaping product or the retail packaging of a vaping product,</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-120-4-b"><num>(b)</num><content><p>is uniquely identifiable, and</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-120-4-c"><num>(c)</num><content><p>indicates that the product to which it is affixed is liable to vaping products duty.</p></content></level>
<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-121"><num>121</num><heading>Issue and management of duty stamps</heading><subsection eId="section-121-1"><num>(1)</num><content><p>The Commissioners must make arrangements for the issue and management of duty stamps.</p></content></subsection><subsection eId="section-121-2"><num>(2)</num><content><p>The Commissioners may by regulations provide for the charging of fees in connection with the issue and management of duty stamps (but such a fee may not offset any liability to vaping products duty).</p></content></subsection><subsection eId="section-121-3"><num>(3)</num><content><p>The Commissioners may by published notice authorise a person to act as a stamp issuer for the purposes of this Part.</p></content></subsection><subsection eId="section-121-4"><num>(4)</num><intro><p>In this Part, “<term refersTo="#term-stamp-issuer" eId="term-stamp-issuer">stamp issuer</term>” means—</p></intro><level class="para1" eId="section-121-4-a"><num>(a)</num><content><p>a person authorised under subsection <ref href="#section-121-3">(3)</ref>, or</p></content></level><level class="para1" eId="section-121-4-b"><num>(b)</num><content><p>if no person is authorised, the Commissioners.</p></content></level></subsection></section>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-121-1"><num>(1)</num><content><p>The Commissioners must make arrangements for the issue and management of duty stamps.</p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-121-2"><num>(2)</num><content><p>The Commissioners may by regulations provide for the charging of fees in connection with the issue and management of duty stamps (but such a fee may not offset any liability to vaping products duty).</p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-121-3"><num>(3)</num><content><p>The Commissioners may by published notice authorise a person to act as a stamp issuer for the purposes of this Part.</p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-121-4"><num>(4)</num><intro><p>In this Part, “<term refersTo="#term-stamp-issuer" eId="term-stamp-issuer">stamp issuer</term>” means—</p></intro><level class="para1" eId="section-121-4-a"><num>(a)</num><content><p>a person authorised under subsection <ref href="#section-121-3">(3)</ref>, or</p></content></level><level class="para1" eId="section-121-4-b"><num>(b)</num><content><p>if no person is authorised, the Commissioners.</p></content></level></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-121-4-a"><num>(a)</num><content><p>a person authorised under subsection <ref href="#section-121-3">(3)</ref>, or</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-121-4-b"><num>(b)</num><content><p>if no person is authorised, the Commissioners.</p></content></level>
<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-122"><num>122</num><heading>Approved stamp holders</heading><subsection eId="section-122-1"><num>(1)</num><content><p>A duty stamp may not be issued to a person who is not approved under this section.</p></content></subsection><subsection eId="section-122-2"><num>(2)</num><intro><p>The Commissioners may approve a person if they are satisfied that the person—</p></intro><level class="para1" eId="section-122-2-a"><num>(a)</num><content><p>has a fixed place of business in the United Kingdom, and</p></content></level><level class="para1" eId="section-122-2-b"><num>(b)</num><content><p>meets such other requirements as may be specified in regulations under section 45 of TCTA 2018.</p></content></level></subsection><subsection eId="section-122-3"><num>(3)</num><content><p>An approved stamp holder may not transfer a duty stamp to any person before it has been affixed to, and activated in respect of, a vaping product (in which case it may be transferred as part of the vaping product).</p></content></subsection><subsection eId="section-122-4"><num>(4)</num><content><p><ref href="#section-122-3">Subsection (3)</ref> does not prevent the return of stamps to a stamp issuer.</p></content></subsection><subsection eId="section-122-5"><num>(5)</num><intro><p>The Commissioners may by regulations make provision—</p></intro><level class="para1" eId="section-122-5-a"><num>(a)</num><content><p>about what it means to have a fixed place of business in the United Kingdom;</p></content></level><level class="para1" eId="section-122-5-b"><num>(b)</num><content><p>for exceptions to <ref href="#section-122-3">subsection (3)</ref>;</p></content></level><level class="para1" eId="section-122-5-c"><num>(c)</num><content><p>limiting the number of duty stamps that may be issued to (or, in the case of an overseas person, in respect of) a person within a specified period;</p></content></level><level class="para1" eId="section-122-5-d"><num>(d)</num><content><p>permitting or requiring duty stamps to be voided, destroyed or returned in certain circumstances, including on the expiry of a specified period.</p></content></level></subsection></section>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-122-1"><num>(1)</num><content><p>A duty stamp may not be issued to a person who is not approved under this section.</p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-122-2"><num>(2)</num><intro><p>The Commissioners may approve a person if they are satisfied that the person—</p></intro><level class="para1" eId="section-122-2-a"><num>(a)</num><content><p>has a fixed place of business in the United Kingdom, and</p></content></level><level class="para1" eId="section-122-2-b"><num>(b)</num><content><p>meets such other requirements as may be specified in regulations under section 45 of TCTA 2018.</p></content></level></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-122-2-a"><num>(a)</num><content><p>has a fixed place of business in the United Kingdom, and</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-122-2-b"><num>(b)</num><content><p>meets such other requirements as may be specified in regulations under section 45 of TCTA 2018.</p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-122-3"><num>(3)</num><content><p>An approved stamp holder may not transfer a duty stamp to any person before it has been affixed to, and activated in respect of, a vaping product (in which case it may be transferred as part of the vaping product).</p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-122-4"><num>(4)</num><content><p><ref href="#section-122-3">Subsection (3)</ref> does not prevent the return of stamps to a stamp issuer.</p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-122-5"><num>(5)</num><intro><p>The Commissioners may by regulations make provision—</p></intro><level class="para1" eId="section-122-5-a"><num>(a)</num><content><p>about what it means to have a fixed place of business in the United Kingdom;</p></content></level><level class="para1" eId="section-122-5-b"><num>(b)</num><content><p>for exceptions to <ref href="#section-122-3">subsection (3)</ref>;</p></content></level><level class="para1" eId="section-122-5-c"><num>(c)</num><content><p>limiting the number of duty stamps that may be issued to (or, in the case of an overseas person, in respect of) a person within a specified period;</p></content></level><level class="para1" eId="section-122-5-d"><num>(d)</num><content><p>permitting or requiring duty stamps to be voided, destroyed or returned in certain circumstances, including on the expiry of a specified period.</p></content></level></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-122-5-a"><num>(a)</num><content><p>about what it means to have a fixed place of business in the United Kingdom;</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-122-5-b"><num>(b)</num><content><p>for exceptions to <ref href="#section-122-3">subsection (3)</ref>;</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-122-5-c"><num>(c)</num><content><p>limiting the number of duty stamps that may be issued to (or, in the case of an overseas person, in respect of) a person within a specified period;</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-122-5-d"><num>(d)</num><content><p>permitting or requiring duty stamps to be voided, destroyed or returned in certain circumstances, including on the expiry of a specified period.</p></content></level>
<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-123"><num>123</num><heading>United Kingdom representatives</heading><subsection eId="section-123-1"><num>(1)</num><content><p>The Commissioners may approve an approved stamp holder to represent a person who does not have a fixed place of business in the United Kingdom.</p></content></subsection><subsection eId="section-123-2"><num>(2)</num><content><p>A duty stamp may, at the request of a UK representative, be issued to the UK representative by way of delivery to an overseas person.</p></content></subsection><subsection eId="section-123-3"><num>(3)</num><content><p>A UK representative is responsible for a stamp issued as described in subsection (2) from the point at which it is delivered to the overseas person.</p></content></subsection><subsection eId="section-123-4"><num>(4)</num><content><p>Section <ref href="#section-122">122</ref><ref href="#section-122-3">(3)</ref> (restriction on transfer) does not apply in relation to the transfer of a duty stamp between a UK representative and an overseas person.</p></content></subsection><subsection eId="section-123-5"><num>(5)</num><content><p>A UK representative who transfers a duty stamp to an overseas person remains responsible for the stamp after transfer.</p></content></subsection><subsection eId="section-123-6"><num>(6)</num><content><p>For the purposes of subsections <ref href="#section-123-3">(3)</ref> and <ref href="#section-123-5">(5)</ref>, a person who is responsible for a stamp is also liable to penalties arising under this Part or regulations made under this Part in respect of it.</p></content></subsection><subsection eId="section-123-7"><num>(7)</num><intro><p>The Commissioners may by regulations make provision about UK representatives, including provision—</p></intro><level class="para1" eId="section-123-7-a"><num>(a)</num><content><p>about their dealings with an overseas person and what it means to be responsible for duty stamps, and</p></content></level><level class="para1" eId="section-123-7-b"><num>(b)</num><content><p>providing for exceptions to this section.</p></content></level></subsection><subsection eId="section-123-8"><num>(8)</num><intro><p>In this Part—</p></intro><hcontainer name="definition"><content><p>“<term refersTo="#term-overseas-person" eId="term-overseas-person">overseas person</term>” means, when used in connection with a UK representative, someone in respect of whom the UK representative is approved under subsection (1);</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-uk-representative" eId="term-uk-representative">UK representative</term>” means a person approved under subsection (1),</p></content></hcontainer><wrapUp><p>and a reference to a stamp being delivered to an approved stamp holder includes, in the case of a UK representative, a reference to a stamp being delivered to an overseas person.</p></wrapUp></subsection></section>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-123-1"><num>(1)</num><content><p>The Commissioners may approve an approved stamp holder to represent a person who does not have a fixed place of business in the United Kingdom.</p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-123-2"><num>(2)</num><content><p>A duty stamp may, at the request of a UK representative, be issued to the UK representative by way of delivery to an overseas person.</p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-123-3"><num>(3)</num><content><p>A UK representative is responsible for a stamp issued as described in subsection (2) from the point at which it is delivered to the overseas person.</p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-123-4"><num>(4)</num><content><p>Section <ref href="#section-122">122</ref><ref href="#section-122-3">(3)</ref> (restriction on transfer) does not apply in relation to the transfer of a duty stamp between a UK representative and an overseas person.</p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-123-5"><num>(5)</num><content><p>A UK representative who transfers a duty stamp to an overseas person remains responsible for the stamp after transfer.</p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-123-6"><num>(6)</num><content><p>For the purposes of subsections <ref href="#section-123-3">(3)</ref> and <ref href="#section-123-5">(5)</ref>, a person who is responsible for a stamp is also liable to penalties arising under this Part or regulations made under this Part in respect of it.</p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-123-7"><num>(7)</num><intro><p>The Commissioners may by regulations make provision about UK representatives, including provision—</p></intro><level class="para1" eId="section-123-7-a"><num>(a)</num><content><p>about their dealings with an overseas person and what it means to be responsible for duty stamps, and</p></content></level><level class="para1" eId="section-123-7-b"><num>(b)</num><content><p>providing for exceptions to this section.</p></content></level></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-123-7-a"><num>(a)</num><content><p>about their dealings with an overseas person and what it means to be responsible for duty stamps, and</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-123-7-b"><num>(b)</num><content><p>providing for exceptions to this section.</p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-123-8"><num>(8)</num><intro><p>In this Part—</p></intro><hcontainer name="definition"><content><p>“<term refersTo="#term-overseas-person" eId="term-overseas-person">overseas person</term>” means, when used in connection with a UK representative, someone in respect of whom the UK representative is approved under subsection (1);</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-uk-representative" eId="term-uk-representative">UK representative</term>” means a person approved under subsection (1),</p></content></hcontainer><wrapUp><p>and a reference to a stamp being delivered to an approved stamp holder includes, in the case of a UK representative, a reference to a stamp being delivered to an overseas person.</p></wrapUp></subsection>
<hcontainer xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" name="definition"><content><p>“<term refersTo="#term-regulated-activity" eId="term-regulated-activity">regulated activity</term>” and “specified emissions” have the meaning given by paragraph 3 of Schedule 2 to the UK ETS Order (or, in relation the 2019 scheme year, given by regulation 3 of the ETS Regulations as it had effect during that year);</p></content></hcontainer>
<hcontainer xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" name="crossheading" ukl:Name="Pblock" eId="part-4-crossheading-forfeiture"><heading>Forfeiture</heading><section eId="section-124"><num>124</num><heading>Forfeiture</heading><subsection eId="section-124-1"><num>(1)</num><intro><p>The following things are liable to forfeiture—</p></intro><level class="para1" eId="section-124-1-a"><num>(a)</num><content><p>an unstamped vaping product;</p></content></level><level class="para1" eId="section-124-1-b"><num>(b)</num><content><p>an invalid duty stamp and any product to which an invalid duty stamp is affixed;</p></content></level><level class="para1" eId="section-124-1-c"><num>(c)</num><intro><p>a duty stamp that, after the end of the period of 12 months beginning with the day on which it was issued, has not been—</p></intro><level class="para2" eId="section-124-1-c-i"><num>(i)</num><content><p>affixed to, and activated in respect of, a vaping product, or</p></content></level><level class="para2" eId="section-124-1-c-ii"><num>(ii)</num><content><p>returned to a stamp issuer.</p></content></level></level></subsection><subsection eId="section-124-2"><num>(2)</num><intro><p>In subsection <ref href="#section-124-1">(1)</ref><ref href="#section-124-1-b">(b)</ref>, an “<term refersTo="#term-invalid-duty-stamp" eId="term-invalid-duty-stamp">invalid duty stamp</term>” means—</p></intro><level class="para1" eId="section-124-2-a"><num>(a)</num><content><p>a duty stamp which has been altered after it has been issued;</p></content></level><level class="para1" eId="section-124-2-b"><num>(b)</num><content><p>a document which purports to be (but is not) a duty stamp;</p></content></level><level class="para1" eId="section-124-2-c"><num>(c)</num><content><p>a voided duty stamp.</p></content></level></subsection><subsection eId="section-124-3"><num>(3)</num><intro><p>For things that are liable to forfeiture only in particular circumstances, see—</p></intro><level class="para1" eId="section-124-3-a"><num>(a)</num><content><p><ref href="#section-128">section 128</ref> (civil penalties);</p></content></level><level class="para1" eId="section-124-3-b"><num>(b)</num><content><p><ref href="#section-133">section 133</ref> (criminal offences).</p></content></level></subsection></section></hcontainer>
<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-124"><num>124</num><heading>Forfeiture</heading><subsection eId="section-124-1"><num>(1)</num><intro><p>The following things are liable to forfeiture—</p></intro><level class="para1" eId="section-124-1-a"><num>(a)</num><content><p>an unstamped vaping product;</p></content></level><level class="para1" eId="section-124-1-b"><num>(b)</num><content><p>an invalid duty stamp and any product to which an invalid duty stamp is affixed;</p></content></level><level class="para1" eId="section-124-1-c"><num>(c)</num><intro><p>a duty stamp that, after the end of the period of 12 months beginning with the day on which it was issued, has not been—</p></intro><level class="para2" eId="section-124-1-c-i"><num>(i)</num><content><p>affixed to, and activated in respect of, a vaping product, or</p></content></level><level class="para2" eId="section-124-1-c-ii"><num>(ii)</num><content><p>returned to a stamp issuer.</p></content></level></level></subsection><subsection eId="section-124-2"><num>(2)</num><intro><p>In subsection <ref href="#section-124-1">(1)</ref><ref href="#section-124-1-b">(b)</ref>, an “<term refersTo="#term-invalid-duty-stamp" eId="term-invalid-duty-stamp">invalid duty stamp</term>” means—</p></intro><level class="para1" eId="section-124-2-a"><num>(a)</num><content><p>a duty stamp which has been altered after it has been issued;</p></content></level><level class="para1" eId="section-124-2-b"><num>(b)</num><content><p>a document which purports to be (but is not) a duty stamp;</p></content></level><level class="para1" eId="section-124-2-c"><num>(c)</num><content><p>a voided duty stamp.</p></content></level></subsection><subsection eId="section-124-3"><num>(3)</num><intro><p>For things that are liable to forfeiture only in particular circumstances, see—</p></intro><level class="para1" eId="section-124-3-a"><num>(a)</num><content><p><ref href="#section-128">section 128</ref> (civil penalties);</p></content></level><level class="para1" eId="section-124-3-b"><num>(b)</num><content><p><ref href="#section-133">section 133</ref> (criminal offences).</p></content></level></subsection></section>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-124-1"><num>(1)</num><intro><p>The following things are liable to forfeiture—</p></intro><level class="para1" eId="section-124-1-a"><num>(a)</num><content><p>an unstamped vaping product;</p></content></level><level class="para1" eId="section-124-1-b"><num>(b)</num><content><p>an invalid duty stamp and any product to which an invalid duty stamp is affixed;</p></content></level><level class="para1" eId="section-124-1-c"><num>(c)</num><intro><p>a duty stamp that, after the end of the period of 12 months beginning with the day on which it was issued, has not been—</p></intro><level class="para2" eId="section-124-1-c-i"><num>(i)</num><content><p>affixed to, and activated in respect of, a vaping product, or</p></content></level><level class="para2" eId="section-124-1-c-ii"><num>(ii)</num><content><p>returned to a stamp issuer.</p></content></level></level></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-124-1-a"><num>(a)</num><content><p>an unstamped vaping product;</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-124-1-b"><num>(b)</num><content><p>an invalid duty stamp and any product to which an invalid duty stamp is affixed;</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-124-1-c"><num>(c)</num><intro><p>a duty stamp that, after the end of the period of 12 months beginning with the day on which it was issued, has not been—</p></intro><level class="para2" eId="section-124-1-c-i"><num>(i)</num><content><p>affixed to, and activated in respect of, a vaping product, or</p></content></level><level class="para2" eId="section-124-1-c-ii"><num>(ii)</num><content><p>returned to a stamp issuer.</p></content></level></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para2" eId="section-124-1-c-i"><num>(i)</num><content><p>affixed to, and activated in respect of, a vaping product, or</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para2" eId="section-124-1-c-ii"><num>(ii)</num><content><p>returned to a stamp issuer.</p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-124-2"><num>(2)</num><intro><p>In subsection <ref href="#section-124-1">(1)</ref><ref href="#section-124-1-b">(b)</ref>, an “<term refersTo="#term-invalid-duty-stamp" eId="term-invalid-duty-stamp">invalid duty stamp</term>” means—</p></intro><level class="para1" eId="section-124-2-a"><num>(a)</num><content><p>a duty stamp which has been altered after it has been issued;</p></content></level><level class="para1" eId="section-124-2-b"><num>(b)</num><content><p>a document which purports to be (but is not) a duty stamp;</p></content></level><level class="para1" eId="section-124-2-c"><num>(c)</num><content><p>a voided duty stamp.</p></content></level></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-124-2-a"><num>(a)</num><content><p>a duty stamp which has been altered after it has been issued;</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-124-2-b"><num>(b)</num><content><p>a document which purports to be (but is not) a duty stamp;</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-124-2-c"><num>(c)</num><content><p>a voided duty stamp.</p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-124-3"><num>(3)</num><intro><p>For things that are liable to forfeiture only in particular circumstances, see—</p></intro><level class="para1" eId="section-124-3-a"><num>(a)</num><content><p><ref href="#section-128">section 128</ref> (civil penalties);</p></content></level><level class="para1" eId="section-124-3-b"><num>(b)</num><content><p><ref href="#section-133">section 133</ref> (criminal offences).</p></content></level></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-124-3-a"><num>(a)</num><content><p><ref href="#section-128">section 128</ref> (civil penalties);</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-124-3-b"><num>(b)</num><content><p><ref href="#section-133">section 133</ref> (criminal offences).</p></content></level>
<hcontainer xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" xmlns:default="http://www.w3.org/1999/xhtml" name="crossheading" ukl:Name="Pblock" eId="part-4-crossheading-civil-penalties-and-enforcement"><heading>Civil penalties and enforcement</heading><section eId="section-125"><num>125</num><heading>Dealing in unstamped vaping products</heading><subsection eId="section-125-1"><num>(1)</num><content><p>A person who sells, offers for sale or otherwise deals in unstamped vaping products packaged for retail sale is liable to a penalty.</p></content></subsection><subsection eId="section-125-2"><num>(2)</num><intro><p>The penalty under subsection (1) is the amount indicated in the table, to be determined by cross-referencing—</p></intro><level class="para1" eId="section-125-2-a"><num>(a)</num><content><p>the number of units in respect of which the penalty is imposed, and</p></content></level><level class="para1" eId="section-125-2-b"><num>(b)</num><content><p>whether it is the first, second or further time that the person has been liable to a penalty under subsection (1) since the beginning of the relevant period.</p><tblock class="table" ukl:Orientation="portrait"><foreign><default:table xmlns="http://www.w3.org/1999/xhtml"><default:colgroup><default:col span="1" style="width:20%"/><default:col span="1" style="width:20%"/><default:col span="1" style="width:20%"/><default:col span="1" style="width:20%"/><default:col span="1" style="width:20%"/></default:colgroup><default:thead><default:tr><default:th/><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">1 to 99 units</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">100 to 299 units</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">300 to 499 units</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">500 units or more</p></default:th></default:tr></default:thead><default:tbody><default:tr><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">First time</p></default:th><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£2,500</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£5,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£7,500</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£10,000</p></default:td></default:tr><default:tr><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Second time</p></default:th><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£5,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£7,500</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£10,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£10,000</p></default:td></default:tr><default:tr><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Further time</p></default:th><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£7,500</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£10,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£10,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£10,000</p></default:td></default:tr></default:tbody></default:table></foreign></tblock></content></level></subsection><subsection eId="section-125-3"><num>(3)</num><intro><p>For the purpose of determining a penalty under subsection (2)—</p></intro><hcontainer name="definition"><content><p>“<term refersTo="#term-relevant-period" eId="term-relevant-period">relevant period</term>” means the period of 24 months ending with the day on which the person becomes liable to the penalty being determined;</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-unit" eId="term-unit">unit</term>” means an amount of vaping product packaged for individual retail sale.</p></content></hcontainer></subsection></section><section eId="section-126"><num>126</num><heading>Loss and misuse of duty stamps</heading><subsection eId="section-126-1"><num>(1)</num><intro><p>An approved stamp holder to whom a duty stamp is issued and delivered is liable to a penalty if—</p></intro><level class="para1" eId="section-126-1-a"><num>(a)</num><content><p>the stamp is lost, or</p></content></level><level class="para1" eId="section-126-1-b"><num>(b)</num><intro><p>at the end of the period of 12 months beginning with the day on which the stamp was issued, the stamp has not been—</p></intro><level class="para2" eId="section-126-1-b-i"><num>(i)</num><content><p>affixed to, and activated in respect of, a vaping product,</p></content></level><level class="para2" eId="section-126-1-b-ii"><num>(ii)</num><content><p>returned to a stamp issuer, or</p></content></level><level class="para2" eId="section-126-1-b-iii"><num>(iii)</num><content><p>destroyed.</p></content></level></level></subsection><subsection eId="section-126-2"><num>(2)</num><intro><p>Subsection (1) does not apply if the stamp was lost in circumstances where the approved stamp holder—</p></intro><level class="para1" eId="section-126-2-a"><num>(a)</num><content><p>did not cause the loss, and</p></content></level><level class="para1" eId="section-126-2-b"><num>(b)</num><content><p>took all reasonable steps to protect against the loss.</p></content></level></subsection><subsection eId="section-126-3"><num>(3)</num><content><p>The penalty under <ref href="#section-126-1">subsection (1)</ref> is an amount equal to five times the monetary amount specified in <ref href="#section-115">section 115</ref> (excise duty: charge).</p></content></subsection><subsection eId="section-126-4"><num>(4)</num><intro><p>The following is conduct which attracts a penalty under section 9 of FA 1994—</p></intro><level class="para1" eId="section-126-4-a"><num>(a)</num><content><p>altering a duty stamp after it has been issued;</p></content></level><level class="para1" eId="section-126-4-b"><num>(b)</num><content><p>affixing an invalid duty stamp to a vaping product.</p></content></level></subsection><subsection eId="section-126-5"><num>(5)</num><intro><p>In this section, an “<term refersTo="#term-invalid-duty-stamp" eId="term-invalid-duty-stamp">invalid duty stamp</term>” means—</p></intro><level class="para1" eId="section-126-5-a"><num>(a)</num><content><p>a duty stamp which has been altered after it has been issued;</p></content></level><level class="para1" eId="section-126-5-b"><num>(b)</num><content><p>a document which purports to be (but is not) a duty stamp;</p></content></level><level class="para1" eId="section-126-5-c"><num>(c)</num><content><p>a voided duty stamp.</p></content></level></subsection></section><section eId="section-127"><num>127</num><heading>Failure to comply with this Part etc</heading><subsection eId="section-127-1"><num>(1)</num><content><p>Failure to comply with a provision or requirement specified in <ref href="#section-127-2">subsection (2)</ref> is conduct which attracts a penalty under <ref eId="c00158" href="https://www.legislation.gov.uk/ukpga/1994/9/section/9">section 9</ref> of <ref eId="c00159" href="https://www.legislation.gov.uk/ukpga/1994/9/contents">FA 1994</ref>.</p></content></subsection><subsection eId="section-127-2"><num>(2)</num><intro><p>The following provisions and requirements are specified for the purpose of subsection <ref href="#section-127-1">(1)</ref>—</p></intro><level class="para1" eId="section-127-2-a"><num>(a)</num><content><p>provision contained in <ref href="#part-4">this Part</ref> or regulations made under <ref href="#part-4">this Part</ref>;</p></content></level><level class="para1" eId="section-127-2-b"><num>(b)</num><content><p>provision contained in regulations made under <ref eId="c00160" href="https://www.legislation.gov.uk/ukpga/2018/22/section/45">section 45</ref> of <ref eId="c00161" href="https://www.legislation.gov.uk/ukpga/2018/22/contents">TCTA 2018</ref> insofar as it applies in relation to vaping products duty;</p></content></level><level class="para1" eId="section-127-2-c"><num>(c)</num><content><p>any requirements imposed under such provision.</p></content></level></subsection></section><section eId="section-128"><num>128</num><heading>Forfeiture: civil penalties</heading><subsection eId="section-128-1"><num>(1)</num><content><p><ref href="#section-133">This section</ref> applies (in addition to <ref href="#section-124">section 124</ref>) where a person is liable to a penalty under <ref href="#section-125">section 125</ref> or <ref href="#section-127">127</ref><ref href="#section-127-1">(1)</ref>.</p></content></subsection><subsection eId="section-128-2"><num>(2)</num><intro><p>Where a person is liable to a penalty under <ref href="#section-125">section 125</ref> (dealing in unstamped vaping products), any stamped vaping product—</p></intro><level class="para1" eId="section-128-2-a"><num>(a)</num><content><p>that is in the person’s possession at the time of the conduct in respect of which the liability arises, and</p></content></level><level class="para1" eId="section-128-2-b"><num>(b)</num><content><p>which the Commissioners have reason to believe is owned or used in the course of a business carried out by any person,</p></content></level><wrapUp><p>is liable to forfeiture.</p></wrapUp></subsection><subsection eId="section-128-3"><num>(3)</num><intro><p>Where a person is liable to a penalty for a failure of a kind described in <ref href="#section-127">section 127</ref><ref href="#section-127-1">(1)</ref> (failure to comply with this Part etc), the following things are liable to forfeiture—</p></intro><level class="para1" eId="section-128-3-a"><num>(a)</num><content><p>any vaping product or duty stamp to which the failure relates, or</p></content></level><level class="para1" eId="section-128-3-b"><num>(b)</num><intro><p>where the failure relates to premises—</p></intro><level class="para2" eId="section-128-3-b-i"><num>(i)</num><content><p>any stamped vaping product found on the premises which the Commissioners have reason to believe is owned or used in the course of a business carried out by any person, and</p></content></level><level class="para2" eId="section-128-3-b-ii"><num>(ii)</num><content><p>any duty stamp found on the premises.</p></content></level></level></subsection></section></hcontainer>
<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" xmlns:default="http://www.w3.org/1999/xhtml" eId="section-125"><num>125</num><heading>Dealing in unstamped vaping products</heading><subsection eId="section-125-1"><num>(1)</num><content><p>A person who sells, offers for sale or otherwise deals in unstamped vaping products packaged for retail sale is liable to a penalty.</p></content></subsection><subsection eId="section-125-2"><num>(2)</num><intro><p>The penalty under subsection (1) is the amount indicated in the table, to be determined by cross-referencing—</p></intro><level class="para1" eId="section-125-2-a"><num>(a)</num><content><p>the number of units in respect of which the penalty is imposed, and</p></content></level><level class="para1" eId="section-125-2-b"><num>(b)</num><content><p>whether it is the first, second or further time that the person has been liable to a penalty under subsection (1) since the beginning of the relevant period.</p><tblock class="table" ukl:Orientation="portrait"><foreign><default:table xmlns="http://www.w3.org/1999/xhtml"><default:colgroup><default:col span="1" style="width:20%"/><default:col span="1" style="width:20%"/><default:col span="1" style="width:20%"/><default:col span="1" style="width:20%"/><default:col span="1" style="width:20%"/></default:colgroup><default:thead><default:tr><default:th/><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">1 to 99 units</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">100 to 299 units</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">300 to 499 units</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">500 units or more</p></default:th></default:tr></default:thead><default:tbody><default:tr><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">First time</p></default:th><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£2,500</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£5,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£7,500</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£10,000</p></default:td></default:tr><default:tr><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Second time</p></default:th><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£5,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£7,500</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£10,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£10,000</p></default:td></default:tr><default:tr><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Further time</p></default:th><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£7,500</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£10,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£10,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£10,000</p></default:td></default:tr></default:tbody></default:table></foreign></tblock></content></level></subsection><subsection eId="section-125-3"><num>(3)</num><intro><p>For the purpose of determining a penalty under subsection (2)—</p></intro><hcontainer name="definition"><content><p>“<term refersTo="#term-relevant-period" eId="term-relevant-period">relevant period</term>” means the period of 24 months ending with the day on which the person becomes liable to the penalty being determined;</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-unit" eId="term-unit">unit</term>” means an amount of vaping product packaged for individual retail sale.</p></content></hcontainer></subsection></section>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-125-1"><num>(1)</num><content><p>A person who sells, offers for sale or otherwise deals in unstamped vaping products packaged for retail sale is liable to a penalty.</p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" xmlns:default="http://www.w3.org/1999/xhtml" eId="section-125-2"><num>(2)</num><intro><p>The penalty under subsection (1) is the amount indicated in the table, to be determined by cross-referencing—</p></intro><level class="para1" eId="section-125-2-a"><num>(a)</num><content><p>the number of units in respect of which the penalty is imposed, and</p></content></level><level class="para1" eId="section-125-2-b"><num>(b)</num><content><p>whether it is the first, second or further time that the person has been liable to a penalty under subsection (1) since the beginning of the relevant period.</p><tblock class="table" ukl:Orientation="portrait"><foreign><default:table xmlns="http://www.w3.org/1999/xhtml"><default:colgroup><default:col span="1" style="width:20%"/><default:col span="1" style="width:20%"/><default:col span="1" style="width:20%"/><default:col span="1" style="width:20%"/><default:col span="1" style="width:20%"/></default:colgroup><default:thead><default:tr><default:th/><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">1 to 99 units</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">100 to 299 units</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">300 to 499 units</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">500 units or more</p></default:th></default:tr></default:thead><default:tbody><default:tr><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">First time</p></default:th><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£2,500</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£5,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£7,500</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£10,000</p></default:td></default:tr><default:tr><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Second time</p></default:th><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£5,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£7,500</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£10,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£10,000</p></default:td></default:tr><default:tr><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Further time</p></default:th><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£7,500</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£10,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£10,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£10,000</p></default:td></default:tr></default:tbody></default:table></foreign></tblock></content></level></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-125-2-a"><num>(a)</num><content><p>the number of units in respect of which the penalty is imposed, and</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" xmlns:default="http://www.w3.org/1999/xhtml" class="para1" eId="section-125-2-b"><num>(b)</num><content><p>whether it is the first, second or further time that the person has been liable to a penalty under subsection (1) since the beginning of the relevant period.</p><tblock class="table" ukl:Orientation="portrait"><foreign><default:table xmlns="http://www.w3.org/1999/xhtml"><default:colgroup><default:col span="1" style="width:20%"/><default:col span="1" style="width:20%"/><default:col span="1" style="width:20%"/><default:col span="1" style="width:20%"/><default:col span="1" style="width:20%"/></default:colgroup><default:thead><default:tr><default:th/><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">1 to 99 units</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">100 to 299 units</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">300 to 499 units</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">500 units or more</p></default:th></default:tr></default:thead><default:tbody><default:tr><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">First time</p></default:th><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£2,500</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£5,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£7,500</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£10,000</p></default:td></default:tr><default:tr><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Second time</p></default:th><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£5,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£7,500</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£10,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£10,000</p></default:td></default:tr><default:tr><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Further time</p></default:th><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£7,500</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£10,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£10,000</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£10,000</p></default:td></default:tr></default:tbody></default:table></foreign></tblock></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-125-3"><num>(3)</num><intro><p>For the purpose of determining a penalty under subsection (2)—</p></intro><hcontainer name="definition"><content><p>“<term refersTo="#term-relevant-period" eId="term-relevant-period">relevant period</term>” means the period of 24 months ending with the day on which the person becomes liable to the penalty being determined;</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-unit" eId="term-unit">unit</term>” means an amount of vaping product packaged for individual retail sale.</p></content></hcontainer></subsection>
<hcontainer xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" name="definition"><content><p>“<term refersTo="#term-unit" eId="term-unit">unit</term>” means an amount of vaping product packaged for individual retail sale.</p></content></hcontainer>
<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-126"><num>126</num><heading>Loss and misuse of duty stamps</heading><subsection eId="section-126-1"><num>(1)</num><intro><p>An approved stamp holder to whom a duty stamp is issued and delivered is liable to a penalty if—</p></intro><level class="para1" eId="section-126-1-a"><num>(a)</num><content><p>the stamp is lost, or</p></content></level><level class="para1" eId="section-126-1-b"><num>(b)</num><intro><p>at the end of the period of 12 months beginning with the day on which the stamp was issued, the stamp has not been—</p></intro><level class="para2" eId="section-126-1-b-i"><num>(i)</num><content><p>affixed to, and activated in respect of, a vaping product,</p></content></level><level class="para2" eId="section-126-1-b-ii"><num>(ii)</num><content><p>returned to a stamp issuer, or</p></content></level><level class="para2" eId="section-126-1-b-iii"><num>(iii)</num><content><p>destroyed.</p></content></level></level></subsection><subsection eId="section-126-2"><num>(2)</num><intro><p>Subsection (1) does not apply if the stamp was lost in circumstances where the approved stamp holder—</p></intro><level class="para1" eId="section-126-2-a"><num>(a)</num><content><p>did not cause the loss, and</p></content></level><level class="para1" eId="section-126-2-b"><num>(b)</num><content><p>took all reasonable steps to protect against the loss.</p></content></level></subsection><subsection eId="section-126-3"><num>(3)</num><content><p>The penalty under <ref href="#section-126-1">subsection (1)</ref> is an amount equal to five times the monetary amount specified in <ref href="#section-115">section 115</ref> (excise duty: charge).</p></content></subsection><subsection eId="section-126-4"><num>(4)</num><intro><p>The following is conduct which attracts a penalty under section 9 of FA 1994—</p></intro><level class="para1" eId="section-126-4-a"><num>(a)</num><content><p>altering a duty stamp after it has been issued;</p></content></level><level class="para1" eId="section-126-4-b"><num>(b)</num><content><p>affixing an invalid duty stamp to a vaping product.</p></content></level></subsection><subsection eId="section-126-5"><num>(5)</num><intro><p>In this section, an “<term refersTo="#term-invalid-duty-stamp" eId="term-invalid-duty-stamp">invalid duty stamp</term>” means—</p></intro><level class="para1" eId="section-126-5-a"><num>(a)</num><content><p>a duty stamp which has been altered after it has been issued;</p></content></level><level class="para1" eId="section-126-5-b"><num>(b)</num><content><p>a document which purports to be (but is not) a duty stamp;</p></content></level><level class="para1" eId="section-126-5-c"><num>(c)</num><content><p>a voided duty stamp.</p></content></level></subsection></section>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-126-1"><num>(1)</num><intro><p>An approved stamp holder to whom a duty stamp is issued and delivered is liable to a penalty if—</p></intro><level class="para1" eId="section-126-1-a"><num>(a)</num><content><p>the stamp is lost, or</p></content></level><level class="para1" eId="section-126-1-b"><num>(b)</num><intro><p>at the end of the period of 12 months beginning with the day on which the stamp was issued, the stamp has not been—</p></intro><level class="para2" eId="section-126-1-b-i"><num>(i)</num><content><p>affixed to, and activated in respect of, a vaping product,</p></content></level><level class="para2" eId="section-126-1-b-ii"><num>(ii)</num><content><p>returned to a stamp issuer, or</p></content></level><level class="para2" eId="section-126-1-b-iii"><num>(iii)</num><content><p>destroyed.</p></content></level></level></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-126-1-a"><num>(a)</num><content><p>the stamp is lost, or</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-126-1-b"><num>(b)</num><intro><p>at the end of the period of 12 months beginning with the day on which the stamp was issued, the stamp has not been—</p></intro><level class="para2" eId="section-126-1-b-i"><num>(i)</num><content><p>affixed to, and activated in respect of, a vaping product,</p></content></level><level class="para2" eId="section-126-1-b-ii"><num>(ii)</num><content><p>returned to a stamp issuer, or</p></content></level><level class="para2" eId="section-126-1-b-iii"><num>(iii)</num><content><p>destroyed.</p></content></level></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para2" eId="section-126-1-b-i"><num>(i)</num><content><p>affixed to, and activated in respect of, a vaping product,</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para2" eId="section-126-1-b-ii"><num>(ii)</num><content><p>returned to a stamp issuer, or</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para2" eId="section-126-1-b-iii"><num>(iii)</num><content><p>destroyed.</p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-126-2"><num>(2)</num><intro><p>Subsection (1) does not apply if the stamp was lost in circumstances where the approved stamp holder—</p></intro><level class="para1" eId="section-126-2-a"><num>(a)</num><content><p>did not cause the loss, and</p></content></level><level class="para1" eId="section-126-2-b"><num>(b)</num><content><p>took all reasonable steps to protect against the loss.</p></content></level></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-126-2-a"><num>(a)</num><content><p>did not cause the loss, and</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-126-2-b"><num>(b)</num><content><p>took all reasonable steps to protect against the loss.</p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-126-3"><num>(3)</num><content><p>The penalty under <ref href="#section-126-1">subsection (1)</ref> is an amount equal to five times the monetary amount specified in <ref href="#section-115">section 115</ref> (excise duty: charge).</p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-126-4"><num>(4)</num><intro><p>The following is conduct which attracts a penalty under section 9 of FA 1994—</p></intro><level class="para1" eId="section-126-4-a"><num>(a)</num><content><p>altering a duty stamp after it has been issued;</p></content></level><level class="para1" eId="section-126-4-b"><num>(b)</num><content><p>affixing an invalid duty stamp to a vaping product.</p></content></level></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-126-4-a"><num>(a)</num><content><p>altering a duty stamp after it has been issued;</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-126-4-b"><num>(b)</num><content><p>affixing an invalid duty stamp to a vaping product.</p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-126-5"><num>(5)</num><intro><p>In this section, an “<term refersTo="#term-invalid-duty-stamp" eId="term-invalid-duty-stamp">invalid duty stamp</term>” means—</p></intro><level class="para1" eId="section-126-5-a"><num>(a)</num><content><p>a duty stamp which has been altered after it has been issued;</p></content></level><level class="para1" eId="section-126-5-b"><num>(b)</num><content><p>a document which purports to be (but is not) a duty stamp;</p></content></level><level class="para1" eId="section-126-5-c"><num>(c)</num><content><p>a voided duty stamp.</p></content></level></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-126-5-a"><num>(a)</num><content><p>a duty stamp which has been altered after it has been issued;</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-126-5-b"><num>(b)</num><content><p>a document which purports to be (but is not) a duty stamp;</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-126-5-c"><num>(c)</num><content><p>a voided duty stamp.</p></content></level>
<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-127"><num>127</num><heading>Failure to comply with this Part etc</heading><subsection eId="section-127-1"><num>(1)</num><content><p>Failure to comply with a provision or requirement specified in <ref href="#section-127-2">subsection (2)</ref> is conduct which attracts a penalty under <ref eId="c00158" href="https://www.legislation.gov.uk/ukpga/1994/9/section/9">section 9</ref> of <ref eId="c00159" href="https://www.legislation.gov.uk/ukpga/1994/9/contents">FA 1994</ref>.</p></content></subsection><subsection eId="section-127-2"><num>(2)</num><intro><p>The following provisions and requirements are specified for the purpose of subsection <ref href="#section-127-1">(1)</ref>—</p></intro><level class="para1" eId="section-127-2-a"><num>(a)</num><content><p>provision contained in <ref href="#part-4">this Part</ref> or regulations made under <ref href="#part-4">this Part</ref>;</p></content></level><level class="para1" eId="section-127-2-b"><num>(b)</num><content><p>provision contained in regulations made under <ref eId="c00160" href="https://www.legislation.gov.uk/ukpga/2018/22/section/45">section 45</ref> of <ref eId="c00161" href="https://www.legislation.gov.uk/ukpga/2018/22/contents">TCTA 2018</ref> insofar as it applies in relation to vaping products duty;</p></content></level><level class="para1" eId="section-127-2-c"><num>(c)</num><content><p>any requirements imposed under such provision.</p></content></level></subsection></section>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-127-1"><num>(1)</num><content><p>Failure to comply with a provision or requirement specified in <ref href="#section-127-2">subsection (2)</ref> is conduct which attracts a penalty under <ref eId="c00158" href="https://www.legislation.gov.uk/ukpga/1994/9/section/9">section 9</ref> of <ref eId="c00159" href="https://www.legislation.gov.uk/ukpga/1994/9/contents">FA 1994</ref>.</p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-127-2"><num>(2)</num><intro><p>The following provisions and requirements are specified for the purpose of subsection <ref href="#section-127-1">(1)</ref>—</p></intro><level class="para1" eId="section-127-2-a"><num>(a)</num><content><p>provision contained in <ref href="#part-4">this Part</ref> or regulations made under <ref href="#part-4">this Part</ref>;</p></content></level><level class="para1" eId="section-127-2-b"><num>(b)</num><content><p>provision contained in regulations made under <ref eId="c00160" href="https://www.legislation.gov.uk/ukpga/2018/22/section/45">section 45</ref> of <ref eId="c00161" href="https://www.legislation.gov.uk/ukpga/2018/22/contents">TCTA 2018</ref> insofar as it applies in relation to vaping products duty;</p></content></level><level class="para1" eId="section-127-2-c"><num>(c)</num><content><p>any requirements imposed under such provision.</p></content></level></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-127-2-a"><num>(a)</num><content><p>provision contained in <ref href="#part-4">this Part</ref> or regulations made under <ref href="#part-4">this Part</ref>;</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-127-2-b"><num>(b)</num><content><p>provision contained in regulations made under <ref eId="c00160" href="https://www.legislation.gov.uk/ukpga/2018/22/section/45">section 45</ref> of <ref eId="c00161" href="https://www.legislation.gov.uk/ukpga/2018/22/contents">TCTA 2018</ref> insofar as it applies in relation to vaping products duty;</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-127-2-c"><num>(c)</num><content><p>any requirements imposed under such provision.</p></content></level>
<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-128"><num>128</num><heading>Forfeiture: civil penalties</heading><subsection eId="section-128-1"><num>(1)</num><content><p><ref href="#section-133">This section</ref> applies (in addition to <ref href="#section-124">section 124</ref>) where a person is liable to a penalty under <ref href="#section-125">section 125</ref> or <ref href="#section-127">127</ref><ref href="#section-127-1">(1)</ref>.</p></content></subsection><subsection eId="section-128-2"><num>(2)</num><intro><p>Where a person is liable to a penalty under <ref href="#section-125">section 125</ref> (dealing in unstamped vaping products), any stamped vaping product—</p></intro><level class="para1" eId="section-128-2-a"><num>(a)</num><content><p>that is in the person’s possession at the time of the conduct in respect of which the liability arises, and</p></content></level><level class="para1" eId="section-128-2-b"><num>(b)</num><content><p>which the Commissioners have reason to believe is owned or used in the course of a business carried out by any person,</p></content></level><wrapUp><p>is liable to forfeiture.</p></wrapUp></subsection><subsection eId="section-128-3"><num>(3)</num><intro><p>Where a person is liable to a penalty for a failure of a kind described in <ref href="#section-127">section 127</ref><ref href="#section-127-1">(1)</ref> (failure to comply with this Part etc), the following things are liable to forfeiture—</p></intro><level class="para1" eId="section-128-3-a"><num>(a)</num><content><p>any vaping product or duty stamp to which the failure relates, or</p></content></level><level class="para1" eId="section-128-3-b"><num>(b)</num><intro><p>where the failure relates to premises—</p></intro><level class="para2" eId="section-128-3-b-i"><num>(i)</num><content><p>any stamped vaping product found on the premises which the Commissioners have reason to believe is owned or used in the course of a business carried out by any person, and</p></content></level><level class="para2" eId="section-128-3-b-ii"><num>(ii)</num><content><p>any duty stamp found on the premises.</p></content></level></level></subsection></section>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-128-1"><num>(1)</num><content><p><ref href="#section-133">This section</ref> applies (in addition to <ref href="#section-124">section 124</ref>) where a person is liable to a penalty under <ref href="#section-125">section 125</ref> or <ref href="#section-127">127</ref><ref href="#section-127-1">(1)</ref>.</p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-128-2"><num>(2)</num><intro><p>Where a person is liable to a penalty under <ref href="#section-125">section 125</ref> (dealing in unstamped vaping products), any stamped vaping product—</p></intro><level class="para1" eId="section-128-2-a"><num>(a)</num><content><p>that is in the person’s possession at the time of the conduct in respect of which the liability arises, and</p></content></level><level class="para1" eId="section-128-2-b"><num>(b)</num><content><p>which the Commissioners have reason to believe is owned or used in the course of a business carried out by any person,</p></content></level><wrapUp><p>is liable to forfeiture.</p></wrapUp></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-128-2-a"><num>(a)</num><content><p>that is in the person’s possession at the time of the conduct in respect of which the liability arises, and</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-128-2-b"><num>(b)</num><content><p>which the Commissioners have reason to believe is owned or used in the course of a business carried out by any person,</p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-128-3"><num>(3)</num><intro><p>Where a person is liable to a penalty for a failure of a kind described in <ref href="#section-127">section 127</ref><ref href="#section-127-1">(1)</ref> (failure to comply with this Part etc), the following things are liable to forfeiture—</p></intro><level class="para1" eId="section-128-3-a"><num>(a)</num><content><p>any vaping product or duty stamp to which the failure relates, or</p></content></level><level class="para1" eId="section-128-3-b"><num>(b)</num><intro><p>where the failure relates to premises—</p></intro><level class="para2" eId="section-128-3-b-i"><num>(i)</num><content><p>any stamped vaping product found on the premises which the Commissioners have reason to believe is owned or used in the course of a business carried out by any person, and</p></content></level><level class="para2" eId="section-128-3-b-ii"><num>(ii)</num><content><p>any duty stamp found on the premises.</p></content></level></level></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-128-3-a"><num>(a)</num><content><p>any vaping product or duty stamp to which the failure relates, or</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-128-3-b"><num>(b)</num><intro><p>where the failure relates to premises—</p></intro><level class="para2" eId="section-128-3-b-i"><num>(i)</num><content><p>any stamped vaping product found on the premises which the Commissioners have reason to believe is owned or used in the course of a business carried out by any person, and</p></content></level><level class="para2" eId="section-128-3-b-ii"><num>(ii)</num><content><p>any duty stamp found on the premises.</p></content></level></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para2" eId="section-128-3-b-i"><num>(i)</num><content><p>any stamped vaping product found on the premises which the Commissioners have reason to believe is owned or used in the course of a business carried out by any person, and</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para2" eId="section-128-3-b-ii"><num>(ii)</num><content><p>any duty stamp found on the premises.</p></content></level>
<hcontainer xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" name="crossheading" ukl:Name="Pblock" eId="part-4-crossheading-offences"><heading>Offences</heading><section eId="section-129"><num>129</num><heading>Dealing in duty stamps</heading><subsection eId="section-129-1"><num>(1)</num><content><p>It is an offence for a person who is not an approved stamp holder to possess a duty stamp that has not been affixed to a vaping product.</p></content></subsection><subsection eId="section-129-2"><num>(2)</num><content><p>It is an offence for a person to transfer a duty stamp that has not been affixed to a vaping product to another person.</p></content></subsection><subsection eId="section-129-3"><num>(3)</num><content><p>It is a defence for a person charged with an offence under this section to prove that they did not know, suspect or have reason to suspect that they were possessing or transferring a duty stamp that had not been affixed to a vaping product.</p></content></subsection><subsection eId="section-129-4"><num>(4)</num><intro><p>Subsection (1) and (2) do not apply in relation to—</p></intro><level class="para1" eId="section-129-4-a"><num>(a)</num><content><p>a transfer between a UK representative and an overseas person,</p></content></level><level class="para1" eId="section-129-4-b"><num>(b)</num><content><p>possession by the overseas person, or</p></content></level><level class="para1" eId="section-129-4-c"><num>(c)</num><content><p>a person providing a delivery service on a commercial basis.</p></content></level></subsection><subsection eId="section-129-5"><num>(5)</num><content><p>Subsection (2) does not apply in relation to a transfer to a stamp issuer.</p></content></subsection></section><section eId="section-130"><num>130</num><heading>Dealing in unstamped vaping products</heading><subsection eId="section-130-1"><num>(1)</num><intro><p>It is an offence to—</p></intro><level class="para1" eId="section-130-1-a"><num>(a)</num><content><p>possess, transport or display, or</p></content></level><level class="para1" eId="section-130-1-b"><num>(b)</num><content><p>sell, offer for sale or otherwise deal in,</p></content></level><wrapUp><p>an unstamped vaping product.</p></wrapUp></subsection><subsection eId="section-130-2"><num>(2)</num><content><p>It is an offence for a person who is a manager of premises to cause or permit the premises to be used for the sale of an unstamped vaping product.</p></content></subsection><subsection eId="section-130-3"><num>(3)</num><content><p>It is a defence for a person charged with an offence under this section to prove that they did not know, suspect or have reason to suspect that the product to which the charge relates was an unstamped vaping product.</p></content></subsection><subsection eId="section-130-4"><num>(4)</num><intro><p>A manager of premises is a person who—</p></intro><level class="para1" eId="section-130-4-a"><num>(a)</num><content><p>is entitled to control their use,</p></content></level><level class="para1" eId="section-130-4-b"><num>(b)</num><content><p>is entrusted with their management, or</p></content></level><level class="para1" eId="section-130-4-c"><num>(c)</num><content><p>is in charge of them.</p></content></level></subsection></section><section eId="section-131"><num>131</num><heading>Sales ban following conviction for unlawful use of premises</heading><subsection eId="section-131-1"><num>(1)</num><content><p>If a person is convicted of an offence under <ref href="#section-130">section 130</ref><ref href="#section-130-2">(2)</ref>, the court by which the person is convicted of the offence may make an order prohibiting the use of the premises in respect of which the offence was committed for the sale of vaping products.</p></content></subsection><subsection eId="section-131-2"><num>(2)</num><content><p>The term of the order may not exceed twelve months.</p></content></subsection><subsection eId="section-131-3"><num>(3)</num><content><p>It is an offence for a manager of premises to cause or permit the premises to be used in breach of an order under <ref href="#section-131">this section</ref>.</p></content></subsection><subsection eId="section-131-4"><num>(4)</num><content><p>In <ref href="#section-131">this section</ref>, “<term refersTo="#term-manager-of-premises" eId="term-manager-of-premises">manager of premises</term>” has the meaning given in <ref href="#section-130">section 130</ref>.</p></content></subsection></section><section eId="section-132"><num>132</num><heading>Offences: penalties</heading><subsection eId="section-132-1"><num>(1)</num><intro><p>A person who commits an offence under sections <ref href="#section-129">129</ref> to <ref href="#section-131">131</ref> is liable on summary conviction—</p></intro><level class="para1" eId="section-132-1-a"><num>(a)</num><content><p>in England and Wales, to imprisonment for a term not exceeding the general limit in a magistrates’ court, or a fine, or both;</p></content></level><level class="para1" eId="section-132-1-b"><num>(b)</num><content><p>in Scotland, to imprisonment for a term not exceeding 12 months, or a fine not exceeding the statutory maximum, or both;</p></content></level><level class="para1" eId="section-132-1-c"><num>(c)</num><content><p>in Northern Ireland, to imprisonment for a term not exceeding six months, or a fine not exceeding the statutory maximum, or both.</p></content></level></subsection><subsection eId="section-132-2"><num>(2)</num><content><p>A person who commits an offence under sections <ref href="#section-129">129</ref> to <ref href="#section-131">131</ref> is liable, on conviction on indictment, to imprisonment for a term not exceeding 2 years, or a fine, or both.</p></content></subsection></section><section eId="section-133"><num>133</num><heading>Forfeiture: offences</heading><subsection eId="section-133-1"><num>(1)</num><content><p><ref href="#section-133">This section</ref> applies (in addition to <ref href="#section-124">section 124</ref>) where a person has committed an offence under <span><ref href="#section-129">sections 129</ref> to <ref href="#section-131">131</ref></span>.</p></content></subsection><subsection eId="section-133-2"><num>(2)</num><intro><p>In the case of an offence under <ref href="#section-129">section 129</ref> (dealing in duty stamps), the following things are liable to forfeiture—</p></intro><level class="para1" eId="section-133-2-a"><num>(a)</num><content><p>any duty stamp in relation to which the offence is committed, and</p></content></level><level class="para1" eId="section-133-2-b"><num>(b)</num><content><p>any duty stamp that is not affixed to a vaping product and that is in the person’s possession at the time the offence is committed.</p></content></level></subsection><subsection eId="section-133-3"><num>(3)</num><intro><p>In the case of an offence under <ref href="#section-130">section 130</ref><ref href="#section-130-1">(1)</ref> (dealing in unstamped vaping products), any stamped vaping product—</p></intro><level class="para1" eId="section-133-3-a"><num>(a)</num><content><p>that is in the person’s possession at the time the offence is committed, and</p></content></level><level class="para1" eId="section-133-3-b"><num>(b)</num><content><p>which the Commissioners have reason to believe is owned or used in the course of a business carried out by any person,</p></content></level><wrapUp><p>is liable to forfeiture.</p></wrapUp></subsection><subsection eId="section-133-4"><num>(4)</num><intro><p>In the case of an offence under <ref href="#section-130">section 130</ref><ref href="#section-130-2">(2)</ref> or <ref href="#section-131">131</ref> (unlawful use of premises), any stamped vaping product—</p></intro><level class="para1" eId="section-133-4-a"><num>(a)</num><content><p>that is on the premises at the time the offence is committed, and</p></content></level><level class="para1" eId="section-133-4-b"><num>(b)</num><content><p>which the Commissioners have reason to believe is owned or used in the course of a business carried out by any person,</p></content></level><wrapUp><p>is liable to forfeiture.</p></wrapUp></subsection></section></hcontainer>
<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-129"><num>129</num><heading>Dealing in duty stamps</heading><subsection eId="section-129-1"><num>(1)</num><content><p>It is an offence for a person who is not an approved stamp holder to possess a duty stamp that has not been affixed to a vaping product.</p></content></subsection><subsection eId="section-129-2"><num>(2)</num><content><p>It is an offence for a person to transfer a duty stamp that has not been affixed to a vaping product to another person.</p></content></subsection><subsection eId="section-129-3"><num>(3)</num><content><p>It is a defence for a person charged with an offence under this section to prove that they did not know, suspect or have reason to suspect that they were possessing or transferring a duty stamp that had not been affixed to a vaping product.</p></content></subsection><subsection eId="section-129-4"><num>(4)</num><intro><p>Subsection (1) and (2) do not apply in relation to—</p></intro><level class="para1" eId="section-129-4-a"><num>(a)</num><content><p>a transfer between a UK representative and an overseas person,</p></content></level><level class="para1" eId="section-129-4-b"><num>(b)</num><content><p>possession by the overseas person, or</p></content></level><level class="para1" eId="section-129-4-c"><num>(c)</num><content><p>a person providing a delivery service on a commercial basis.</p></content></level></subsection><subsection eId="section-129-5"><num>(5)</num><content><p>Subsection (2) does not apply in relation to a transfer to a stamp issuer.</p></content></subsection></section>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-129-1"><num>(1)</num><content><p>It is an offence for a person who is not an approved stamp holder to possess a duty stamp that has not been affixed to a vaping product.</p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-129-2"><num>(2)</num><content><p>It is an offence for a person to transfer a duty stamp that has not been affixed to a vaping product to another person.</p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-129-3"><num>(3)</num><content><p>It is a defence for a person charged with an offence under this section to prove that they did not know, suspect or have reason to suspect that they were possessing or transferring a duty stamp that had not been affixed to a vaping product.</p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-129-4"><num>(4)</num><intro><p>Subsection (1) and (2) do not apply in relation to—</p></intro><level class="para1" eId="section-129-4-a"><num>(a)</num><content><p>a transfer between a UK representative and an overseas person,</p></content></level><level class="para1" eId="section-129-4-b"><num>(b)</num><content><p>possession by the overseas person, or</p></content></level><level class="para1" eId="section-129-4-c"><num>(c)</num><content><p>a person providing a delivery service on a commercial basis.</p></content></level></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-129-4-a"><num>(a)</num><content><p>a transfer between a UK representative and an overseas person,</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-129-4-b"><num>(b)</num><content><p>possession by the overseas person, or</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-129-4-c"><num>(c)</num><content><p>a person providing a delivery service on a commercial basis.</p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-129-5"><num>(5)</num><content><p>Subsection (2) does not apply in relation to a transfer to a stamp issuer.</p></content></subsection>
<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-130"><num>130</num><heading>Dealing in unstamped vaping products</heading><subsection eId="section-130-1"><num>(1)</num><intro><p>It is an offence to—</p></intro><level class="para1" eId="section-130-1-a"><num>(a)</num><content><p>possess, transport or display, or</p></content></level><level class="para1" eId="section-130-1-b"><num>(b)</num><content><p>sell, offer for sale or otherwise deal in,</p></content></level><wrapUp><p>an unstamped vaping product.</p></wrapUp></subsection><subsection eId="section-130-2"><num>(2)</num><content><p>It is an offence for a person who is a manager of premises to cause or permit the premises to be used for the sale of an unstamped vaping product.</p></content></subsection><subsection eId="section-130-3"><num>(3)</num><content><p>It is a defence for a person charged with an offence under this section to prove that they did not know, suspect or have reason to suspect that the product to which the charge relates was an unstamped vaping product.</p></content></subsection><subsection eId="section-130-4"><num>(4)</num><intro><p>A manager of premises is a person who—</p></intro><level class="para1" eId="section-130-4-a"><num>(a)</num><content><p>is entitled to control their use,</p></content></level><level class="para1" eId="section-130-4-b"><num>(b)</num><content><p>is entrusted with their management, or</p></content></level><level class="para1" eId="section-130-4-c"><num>(c)</num><content><p>is in charge of them.</p></content></level></subsection></section>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-130-1"><num>(1)</num><intro><p>It is an offence to—</p></intro><level class="para1" eId="section-130-1-a"><num>(a)</num><content><p>possess, transport or display, or</p></content></level><level class="para1" eId="section-130-1-b"><num>(b)</num><content><p>sell, offer for sale or otherwise deal in,</p></content></level><wrapUp><p>an unstamped vaping product.</p></wrapUp></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-130-1-a"><num>(a)</num><content><p>possess, transport or display, or</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-130-1-b"><num>(b)</num><content><p>sell, offer for sale or otherwise deal in,</p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-130-2"><num>(2)</num><content><p>It is an offence for a person who is a manager of premises to cause or permit the premises to be used for the sale of an unstamped vaping product.</p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-130-3"><num>(3)</num><content><p>It is a defence for a person charged with an offence under this section to prove that they did not know, suspect or have reason to suspect that the product to which the charge relates was an unstamped vaping product.</p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-130-4"><num>(4)</num><intro><p>A manager of premises is a person who—</p></intro><level class="para1" eId="section-130-4-a"><num>(a)</num><content><p>is entitled to control their use,</p></content></level><level class="para1" eId="section-130-4-b"><num>(b)</num><content><p>is entrusted with their management, or</p></content></level><level class="para1" eId="section-130-4-c"><num>(c)</num><content><p>is in charge of them.</p></content></level></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-130-4-a"><num>(a)</num><content><p>is entitled to control their use,</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-130-4-b"><num>(b)</num><content><p>is entrusted with their management, or</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-130-4-c"><num>(c)</num><content><p>is in charge of them.</p></content></level>
<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-131"><num>131</num><heading>Sales ban following conviction for unlawful use of premises</heading><subsection eId="section-131-1"><num>(1)</num><content><p>If a person is convicted of an offence under <ref href="#section-130">section 130</ref><ref href="#section-130-2">(2)</ref>, the court by which the person is convicted of the offence may make an order prohibiting the use of the premises in respect of which the offence was committed for the sale of vaping products.</p></content></subsection><subsection eId="section-131-2"><num>(2)</num><content><p>The term of the order may not exceed twelve months.</p></content></subsection><subsection eId="section-131-3"><num>(3)</num><content><p>It is an offence for a manager of premises to cause or permit the premises to be used in breach of an order under <ref href="#section-131">this section</ref>.</p></content></subsection><subsection eId="section-131-4"><num>(4)</num><content><p>In <ref href="#section-131">this section</ref>, “<term refersTo="#term-manager-of-premises" eId="term-manager-of-premises">manager of premises</term>” has the meaning given in <ref href="#section-130">section 130</ref>.</p></content></subsection></section>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-131-1"><num>(1)</num><content><p>If a person is convicted of an offence under <ref href="#section-130">section 130</ref><ref href="#section-130-2">(2)</ref>, the court by which the person is convicted of the offence may make an order prohibiting the use of the premises in respect of which the offence was committed for the sale of vaping products.</p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-131-2"><num>(2)</num><content><p>The term of the order may not exceed twelve months.</p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-131-3"><num>(3)</num><content><p>It is an offence for a manager of premises to cause or permit the premises to be used in breach of an order under <ref href="#section-131">this section</ref>.</p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-131-4"><num>(4)</num><content><p>In <ref href="#section-131">this section</ref>, “<term refersTo="#term-manager-of-premises" eId="term-manager-of-premises">manager of premises</term>” has the meaning given in <ref href="#section-130">section 130</ref>.</p></content></subsection>
<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-132"><num>132</num><heading>Offences: penalties</heading><subsection eId="section-132-1"><num>(1)</num><intro><p>A person who commits an offence under sections <ref href="#section-129">129</ref> to <ref href="#section-131">131</ref> is liable on summary conviction—</p></intro><level class="para1" eId="section-132-1-a"><num>(a)</num><content><p>in England and Wales, to imprisonment for a term not exceeding the general limit in a magistrates’ court, or a fine, or both;</p></content></level><level class="para1" eId="section-132-1-b"><num>(b)</num><content><p>in Scotland, to imprisonment for a term not exceeding 12 months, or a fine not exceeding the statutory maximum, or both;</p></content></level><level class="para1" eId="section-132-1-c"><num>(c)</num><content><p>in Northern Ireland, to imprisonment for a term not exceeding six months, or a fine not exceeding the statutory maximum, or both.</p></content></level></subsection><subsection eId="section-132-2"><num>(2)</num><content><p>A person who commits an offence under sections <ref href="#section-129">129</ref> to <ref href="#section-131">131</ref> is liable, on conviction on indictment, to imprisonment for a term not exceeding 2 years, or a fine, or both.</p></content></subsection></section>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-132-1"><num>(1)</num><intro><p>A person who commits an offence under sections <ref href="#section-129">129</ref> to <ref href="#section-131">131</ref> is liable on summary conviction—</p></intro><level class="para1" eId="section-132-1-a"><num>(a)</num><content><p>in England and Wales, to imprisonment for a term not exceeding the general limit in a magistrates’ court, or a fine, or both;</p></content></level><level class="para1" eId="section-132-1-b"><num>(b)</num><content><p>in Scotland, to imprisonment for a term not exceeding 12 months, or a fine not exceeding the statutory maximum, or both;</p></content></level><level class="para1" eId="section-132-1-c"><num>(c)</num><content><p>in Northern Ireland, to imprisonment for a term not exceeding six months, or a fine not exceeding the statutory maximum, or both.</p></content></level></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-132-1-a"><num>(a)</num><content><p>in England and Wales, to imprisonment for a term not exceeding the general limit in a magistrates’ court, or a fine, or both;</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-132-1-b"><num>(b)</num><content><p>in Scotland, to imprisonment for a term not exceeding 12 months, or a fine not exceeding the statutory maximum, or both;</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-132-1-c"><num>(c)</num><content><p>in Northern Ireland, to imprisonment for a term not exceeding six months, or a fine not exceeding the statutory maximum, or both.</p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-132-2"><num>(2)</num><content><p>A person who commits an offence under sections <ref href="#section-129">129</ref> to <ref href="#section-131">131</ref> is liable, on conviction on indictment, to imprisonment for a term not exceeding 2 years, or a fine, or both.</p></content></subsection>
<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-133"><num>133</num><heading>Forfeiture: offences</heading><subsection eId="section-133-1"><num>(1)</num><content><p><ref href="#section-133">This section</ref> applies (in addition to <ref href="#section-124">section 124</ref>) where a person has committed an offence under <span><ref href="#section-129">sections 129</ref> to <ref href="#section-131">131</ref></span>.</p></content></subsection><subsection eId="section-133-2"><num>(2)</num><intro><p>In the case of an offence under <ref href="#section-129">section 129</ref> (dealing in duty stamps), the following things are liable to forfeiture—</p></intro><level class="para1" eId="section-133-2-a"><num>(a)</num><content><p>any duty stamp in relation to which the offence is committed, and</p></content></level><level class="para1" eId="section-133-2-b"><num>(b)</num><content><p>any duty stamp that is not affixed to a vaping product and that is in the person’s possession at the time the offence is committed.</p></content></level></subsection><subsection eId="section-133-3"><num>(3)</num><intro><p>In the case of an offence under <ref href="#section-130">section 130</ref><ref href="#section-130-1">(1)</ref> (dealing in unstamped vaping products), any stamped vaping product—</p></intro><level class="para1" eId="section-133-3-a"><num>(a)</num><content><p>that is in the person’s possession at the time the offence is committed, and</p></content></level><level class="para1" eId="section-133-3-b"><num>(b)</num><content><p>which the Commissioners have reason to believe is owned or used in the course of a business carried out by any person,</p></content></level><wrapUp><p>is liable to forfeiture.</p></wrapUp></subsection><subsection eId="section-133-4"><num>(4)</num><intro><p>In the case of an offence under <ref href="#section-130">section 130</ref><ref href="#section-130-2">(2)</ref> or <ref href="#section-131">131</ref> (unlawful use of premises), any stamped vaping product—</p></intro><level class="para1" eId="section-133-4-a"><num>(a)</num><content><p>that is on the premises at the time the offence is committed, and</p></content></level><level class="para1" eId="section-133-4-b"><num>(b)</num><content><p>which the Commissioners have reason to believe is owned or used in the course of a business carried out by any person,</p></content></level><wrapUp><p>is liable to forfeiture.</p></wrapUp></subsection></section>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-133-1"><num>(1)</num><content><p><ref href="#section-133">This section</ref> applies (in addition to <ref href="#section-124">section 124</ref>) where a person has committed an offence under <span><ref href="#section-129">sections 129</ref> to <ref href="#section-131">131</ref></span>.</p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-133-2"><num>(2)</num><intro><p>In the case of an offence under <ref href="#section-129">section 129</ref> (dealing in duty stamps), the following things are liable to forfeiture—</p></intro><level class="para1" eId="section-133-2-a"><num>(a)</num><content><p>any duty stamp in relation to which the offence is committed, and</p></content></level><level class="para1" eId="section-133-2-b"><num>(b)</num><content><p>any duty stamp that is not affixed to a vaping product and that is in the person’s possession at the time the offence is committed.</p></content></level></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-133-2-a"><num>(a)</num><content><p>any duty stamp in relation to which the offence is committed, and</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-133-2-b"><num>(b)</num><content><p>any duty stamp that is not affixed to a vaping product and that is in the person’s possession at the time the offence is committed.</p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-133-3"><num>(3)</num><intro><p>In the case of an offence under <ref href="#section-130">section 130</ref><ref href="#section-130-1">(1)</ref> (dealing in unstamped vaping products), any stamped vaping product—</p></intro><level class="para1" eId="section-133-3-a"><num>(a)</num><content><p>that is in the person’s possession at the time the offence is committed, and</p></content></level><level class="para1" eId="section-133-3-b"><num>(b)</num><content><p>which the Commissioners have reason to believe is owned or used in the course of a business carried out by any person,</p></content></level><wrapUp><p>is liable to forfeiture.</p></wrapUp></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-133-3-a"><num>(a)</num><content><p>that is in the person’s possession at the time the offence is committed, and</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-133-3-b"><num>(b)</num><content><p>which the Commissioners have reason to believe is owned or used in the course of a business carried out by any person,</p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-133-4"><num>(4)</num><intro><p>In the case of an offence under <ref href="#section-130">section 130</ref><ref href="#section-130-2">(2)</ref> or <ref href="#section-131">131</ref> (unlawful use of premises), any stamped vaping product—</p></intro><level class="para1" eId="section-133-4-a"><num>(a)</num><content><p>that is on the premises at the time the offence is committed, and</p></content></level><level class="para1" eId="section-133-4-b"><num>(b)</num><content><p>which the Commissioners have reason to believe is owned or used in the course of a business carried out by any person,</p></content></level><wrapUp><p>is liable to forfeiture.</p></wrapUp></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-133-4-a"><num>(a)</num><content><p>that is on the premises at the time the offence is committed, and</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-133-4-b"><num>(b)</num><content><p>which the Commissioners have reason to believe is owned or used in the course of a business carried out by any person,</p></content></level>
<hcontainer xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" name="crossheading" ukl:Name="Pblock" eId="part-4-crossheading-general-provision"><heading>General provision</heading><section eId="section-134"><num>134</num><heading>Publication of information</heading><content><p>The Commissioners may publish information provided to HMRC under <ref href="#section-120">section 120</ref><ref href="#section-120-3">(3)</ref><ref href="#section-120-3-b">(b)</ref> (stamping of vaping products) for the purpose of enabling retailers, consumers and other persons to assess whether a duty stamp has been activated in respect of a vaping product.</p></content></section><section eId="section-135"><num>135</num><heading>Information sharing</heading><subsection eId="section-135-1"><num>(1)</num><intro><p>The Commissioners may disclose such information as the Commissioners consider appropriate in connection with—</p></intro><level class="para1" eId="section-135-1-a"><num>(a)</num><content><p>the Commissioners’ functions relating to vaping products duty, or</p></content></level><level class="para1" eId="section-135-1-b"><num>(b)</num><content><p>the recipient’s functions relating to vaping products duty.</p></content></level></subsection><subsection eId="section-135-2"><num>(2)</num><intro><p>Any person with functions relating to vaping products duty may disclose to HMRC such information as the person considers appropriate in connection with—</p></intro><level class="para1" eId="section-135-2-a"><num>(a)</num><content><p>the Commissioners’ functions relating to vaping products duty, or</p></content></level><level class="para1" eId="section-135-2-b"><num>(b)</num><content><p>the person’s functions relating to vaping products duty.</p></content></level></subsection><subsection eId="section-135-3"><num>(3)</num><intro><p>A person who receives information from the Commissioners as a result of this section may not—</p></intro><level class="para1" eId="section-135-3-a"><num>(a)</num><content><p>use the information for a purpose other than the purpose for which it was disclosed, or</p></content></level><level class="para1" eId="section-135-3-b"><num>(b)</num><content><p>further disclose the information,</p></content></level><wrapUp><p>except with the consent of the Commissioners (which may be general or specific).</p></wrapUp></subsection><subsection eId="section-135-4"><num>(4)</num><intro><p>If—</p></intro><level class="para1" eId="section-135-4-a"><num>(a)</num><content><p>a person discloses information in contravention of subsection <ref href="#section-135-3">(3)</ref><ref href="#section-135-3-b">(b)</ref>, and</p></content></level><level class="para1" eId="section-135-4-b"><num>(b)</num><content><p>the information relates to a person whose identity is specified in, or can be deduced from, the disclosure,</p></content></level><wrapUp><p>section 19 of CRCA 2005 (offence of wrongful disclosure) applies in relation to that disclosure as it applies in relation to a disclosure of information in contravention of section 20(9) of that Act.</p></wrapUp></subsection><subsection eId="section-135-5"><num>(5)</num><content><p>Nothing in this section limits the circumstances in which information may be disclosed under section 18(2) of CRCA 2005 or under any other enactment or rule of law.</p></content></subsection><subsection eId="section-135-6"><num>(6)</num><content><p>In this section, a reference to the Commissioners or HMRC include a reference to anyone acting on their behalf.</p></content></subsection></section><section eId="section-136"><num>136</num><heading>Investigation and enforcement</heading><subsection eId="section-136-1"><num>(1)</num><content><p>A local enforcement authority may investigate compliance with this Part, regulations made under this Part and regulations made under <ref eId="c00162" href="https://www.legislation.gov.uk/ukpga/2018/22/section/45">section 45</ref> of <ref eId="c00163" href="https://www.legislation.gov.uk/ukpga/2018/22/contents">TCTA 2018</ref> in relation to vaping products duty, and may carry out inspections of vaping products for that purpose.</p></content></subsection><subsection eId="section-136-2"><num>(2)</num><intro><p>In this section, “<term refersTo="#term-local-enforcement-authority" eId="term-local-enforcement-authority">local enforcement authority</term>” means—</p></intro><level class="para1" eId="section-136-2-a"><num>(a)</num><content><p>in Great Britain, a local weights and measures authority within the meaning of section 69 of the Weights and Measures Act 1985;</p></content></level><level class="para1" eId="section-136-2-b"><num>(b)</num><content><p>in Northern Ireland, a district council.</p></content></level></subsection></section><section eId="section-137"><num>137</num><heading>Regulations: further provision</heading><subsection eId="section-137-1"><num>(1)</num><intro><p>Regulations under this Part may—</p></intro><level class="para1" eId="section-137-1-a"><num>(a)</num><content><p>confer a discretion on any specified person to do anything under, or for the purposes of, the regulations;</p></content></level><level class="para1" eId="section-137-1-b"><num>(b)</num><content><p>make provision by reference to things specified in a notice published in accordance with the regulations;</p></content></level><level class="para1" eId="section-137-1-c"><num>(c)</num><content><p>make supplementary, incidental and consequential provision;</p></content></level><level class="para1" eId="section-137-1-d"><num>(d)</num><content><p>make transitional or transitory provision and savings.</p></content></level></subsection><subsection eId="section-137-2"><num>(2)</num><intro><p>A power to make regulations under this Part, or a power to exercise a discretion or publish a notice under regulations made under this Part, may be exercised—</p></intro><level class="para1" eId="section-137-2-a"><num>(a)</num><content><p>in relation to all cases to which the power extends, or in relation to those cases subject to specified exceptions, or in relation to any specified case or description of case;</p></content></level><level class="para1" eId="section-137-2-b"><num>(b)</num><content><p>so as to make different provision for different purposes or areas.</p></content></level></subsection><subsection eId="section-137-3"><num>(3)</num><content><p>A notice published under this Part may be withdrawn or revised by further published notice.</p></content></subsection><subsection eId="section-137-4"><num>(4)</num><content><p>A power to make regulations under this Part does not restrict any power to make legislation under any other enactment relating to excise duty.</p></content></subsection></section><section eId="section-138"><num>138</num><heading>Regulations: procedure</heading><subsection eId="section-138-1"><num>(1)</num><content><p>Regulations under this Part must be made by statutory instrument.</p></content></subsection><subsection eId="section-138-2"><num>(2)</num><intro><p>A statutory instrument containing regulations under this Part is subject to made affirmative procedure if it contains (whether alone or with other provision) provision that—</p></intro><level class="para1" eId="section-138-2-a"><num>(a)</num><content><p>amends an Act of Parliament,</p></content></level><level class="para1" eId="section-138-2-b"><num>(b)</num><content><p>restricts any rebate of or relief from vaping products duty, or</p></content></level><level class="para1" eId="section-138-2-c"><num>(c)</num><content><p>extends the cases in which vaping products are required to be stamped.</p></content></level></subsection><subsection eId="section-138-3"><num>(3)</num><intro><p>Where a statutory instrument is subject to made affirmative procedure—</p></intro><level class="para1" eId="section-138-3-a"><num>(a)</num><content><p>it must be laid before the House of Commons after being made, and</p></content></level><level class="para1" eId="section-138-3-b"><num>(b)</num><content><p>it ceases to have effect at the end of the period of 28 days beginning with the day on which the instrument is made, unless within that period the instrument is approved by a resolution of the House of Commons.</p></content></level></subsection><subsection eId="section-138-4"><num>(4)</num><intro><p>Where a statutory instrument ceases to have effect as a result of subsection <ref href="#section-138-3">(3)</ref>, that does not—</p></intro><level class="para1" eId="section-138-4-a"><num>(a)</num><content><p>affect the validity of anything previously done under the instrument, or</p></content></level><level class="para1" eId="section-138-4-b"><num>(b)</num><content><p>prevent the making of a new statutory instrument.</p></content></level></subsection><subsection eId="section-138-5"><num>(5)</num><intro><p>In calculating the period of 28 days for the purposes of subsection <ref href="#section-138-3">(3)</ref>, no account is to be taken of any whole days that fall within a period during which—</p></intro><level class="para1" eId="section-138-5-a"><num>(a)</num><content><p>Parliament is dissolved or prorogued, or</p></content></level><level class="para1" eId="section-138-5-b"><num>(b)</num><content><p>the House of Commons is adjourned for more than 4 days.</p></content></level></subsection><subsection eId="section-138-6"><num>(6)</num><content><p>A statutory instrument containing regulations under this Part is subject to annulment in pursuance of a resolution of the House of Commons if it does not contain provision of a kind described in <ref href="#section-138-2">subsection (2)</ref>.</p></content></subsection><subsection eId="section-138-7"><num>(7)</num><content><p><ref href="#section-138-2">Subsections (2)</ref> to <ref href="#section-138-6">(6)</ref> do not apply to regulations made under <ref href="#section-141">section 141</ref> (commencement and transitional provision).</p></content></subsection></section><section eId="section-139"><num>139</num><heading>Amendments of other enactments</heading><content><p><ref href="#schedule-15">Schedule 15</ref> contains amendments of other enactments.</p></content></section><section eId="section-140"><num>140</num><heading>Interpretation</heading><intro><p>In <ref href="#part-4">this Part</ref>—</p></intro><hcontainer name="definition"><content><p>“<term refersTo="#term-activated" eId="term-activated">activated</term>”, in relation to a duty stamp, means linked to a particular vaping product in accordance with regulations made under <ref href="#section-120">section 120</ref> and section 45 of TCTA 2018;</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-approved-stamp-holder" eId="term-approved-stamp-holder">approved stamp holder</term>” means a person approved under <ref href="#section-122">section 122</ref> (approved stamp holders);</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-commissioners" eId="term-commissioners">Commissioners</term>” means the Commissioners for His Majesty’s Revenue and Customs;</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-duty-deferment-arrangement" eId="term-duty-deferment-arrangement">duty deferment arrangement</term>” means provision made by or under the customs and excise Acts that permits the payment of excise duty to be deferred;</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-duty-stamp" eId="term-duty-stamp">duty stamp</term>” has the meaning given in section <ref href="#section-120">120</ref><ref href="#section-120-4">(4)</ref>;</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-hmrc" eId="term-hmrc">HMRC</term>” means His Majesty’s Revenue and Customs;</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-medicinal-product" eId="term-medicinal-product">medicinal product</term>” has the meaning given in the <ref eId="c00164" href="https://www.legislation.gov.uk/uksi/2012/1916/contents">Human Medicines Regulations 2012</ref> (<ref eId="c00165" href="http://www.legislation.gov.uk/id/uksi/2012/1916">S.I. 2012/1916</ref>);</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-overseas-person" eId="term-overseas-person">overseas person</term>” has the meaning given in <ref href="#section-123">section 123</ref><ref href="#section-123-8">(8)</ref> (United Kingdom representatives);</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-retail-packaging" eId="term-retail-packaging">retail packaging</term>”, in relation to a product, means the packaging in which it is, or is intended to be, presented for sale by retail;</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-stamp-issuer" eId="term-stamp-issuer">stamp issuer</term>” has the meaning given in <ref href="#section-121">section 121</ref><ref href="#section-121-4">(4)</ref>;</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-stamped-vaping-product" eId="term-stamped-vaping-product">stamped vaping product</term>” means a vaping product which is stamped in accordance with this Part and regulations made under section 45 of TCTA 2018;</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-tobacco-product" eId="term-tobacco-product">tobacco product</term>” has the meaning given in <ref eId="c00166" href="https://www.legislation.gov.uk/ukpga/1979/7/section/1">section 1</ref> of <ref eId="c00167" href="https://www.legislation.gov.uk/ukpga/1979/7/contents">TPDA 1979</ref>;</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-uk-representative" eId="term-uk-representative">UK representative</term>” has the meaning given in <ref href="#section-123">section 123</ref><ref href="#section-123-8">(8)</ref>;</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-unstamped-vaping-product" eId="term-unstamped-vaping-product">unstamped vaping product</term>” means a vaping product which is required to be stamped in accordance with this Part and regulations made under section 45 of TCTA 2018, but is not so stamped;</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-vape" eId="term-vape">vape</term>” means a device that vaporises substances for the purpose of inhalation through a mouthpiece;</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-vaping-product" eId="term-vaping-product">vaping product</term>” has the meaning given in section <ref href="#section-116">116</ref><ref href="#section-116-1">(1)</ref> (but see subsection (2));</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-vaping-products-duty" eId="term-vaping-products-duty">vaping products duty</term>” has the meaning given in section <ref href="#section-115">115</ref><ref href="#section-115-3">(3)</ref>.</p></content></hcontainer></section><section eId="section-141"><num>141</num><heading>Commencement and transitional provision</heading><subsection eId="section-141-1"><num>(1)</num><content><p>Section <ref href="#section-115">115</ref> comes into force on 1 October 2026.</p></content></subsection><subsection eId="section-141-2"><num>(2)</num><intro><p>Section <ref href="#section-115">115</ref> has effect in relation to vaping products that—</p></intro><level class="para1" eId="section-141-2-a"><num>(a)</num><content><p>were produced in, or imported into, the United Kingdom before 1 October 2026, and</p></content></level><level class="para1" eId="section-141-2-b"><num>(b)</num><content><p>are stamped (see <ref href="#section-120">section 120</ref><ref href="#section-120-2">(2)</ref>),</p></content></level><wrapUp><p>as though they were produced in, or imported into, the United Kingdom on 1 October 2026.</p></wrapUp></subsection><subsection eId="section-141-3"><num>(3)</num><content><p>Sections <ref href="#section-117">117</ref><ref href="#section-117-4">(4)</ref> (production only in accordance with regulations) and <ref href="#section-120">120</ref><ref href="#section-120-1">(1)</ref> (duty to stamp in accordance with regulations) come into force on such day as the Treasury may by regulations appoint.</p></content></subsection><subsection eId="section-141-4"><num>(4)</num><content><p><ref href="#section-129">Section 129</ref> comes into force two months after this Act is passed.</p></content></subsection><subsection eId="section-141-5"><num>(5)</num><content><p><ref href="#section-130">Sections 130</ref> and <ref href="#section-131">131</ref> (dealing in unstamped vaping products and sales ban) come into force on 1 April 2027, and have effect in relation to vaping products irrespective of when they were produced or imported.</p></content></subsection><subsection eId="section-141-6"><num>(6)</num><intro><p>The Treasury may by regulations provide that, for a specified period, <ref href="#part-4">this Part</ref> has effect as though—</p></intro><level class="para1" eId="section-141-6-a"><num>(a)</num><content><p>a reference to a duty stamp includes a reference to a transitional duty stamp;</p></content></level><level class="para1" eId="section-141-6-b"><num>(b)</num><content><p>in <ref href="#section-122">section 122</ref><ref href="#section-122-3">(3)</ref> the words “and activated in respect of” were omitted;</p></content></level><level class="para1" eId="section-141-6-c"><num>(c)</num><content><p><ref href="#section-124">sections 124</ref><ref href="#section-124-1">(1)</ref><ref href="#section-124-1-c">(c)</ref> and <ref href="#section-126">126</ref><ref href="#section-126-1">(1)</ref><ref href="#section-126-1-b">(b)</ref> were omitted.</p></content></level></subsection><subsection eId="section-141-7"><num>(7)</num><intro><p>Regulations under <ref href="#section-141-6">subsection (6)</ref> may—</p></intro><level class="para1" eId="section-141-7-a"><num>(a)</num><content><p>define “transitional duty stamp”;</p></content></level><level class="para1" eId="section-141-7-b"><num>(b)</num><content><p>make further provision about the specified period and transitional duty stamps.</p></content></level></subsection><subsection eId="section-141-8"><num>(8)</num><content><p>The Treasury may by regulations provide that, for a specified period, <ref href="#part-4">this Part</ref> has effect as though a reference to an approved stamp holder or UK representative is a reference to a person being approved or treated as an approved stamp holder or UK representative.</p></content></subsection><subsection eId="section-141-9"><num>(9)</num><content><p>Regulations under <ref href="#section-141-8">subsection (8)</ref> may make provision about when a person is to be treated as an approved stamp holder or UK representative.</p></content></subsection><subsection eId="section-141-10"><num>(10)</num><content><p>The Treasury may by regulations extend a period specified in regulations under this section.</p></content></subsection><subsection eId="section-141-11"><num>(11)</num><content><p>Regulations under <ref href="#section-141-7">subsection (7)</ref><ref href="#section-141-7-b">(b)</ref> may include provision imposing penalties and for forfeiture.</p></content></subsection><subsection eId="section-141-12"><num>(12)</num><content><p>A statutory instrument containing regulations under this section is subject to annulment in pursuance of a resolution of the House of Commons.</p></content></subsection></section></hcontainer>
<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-134"><num>134</num><heading>Publication of information</heading><content><p>The Commissioners may publish information provided to HMRC under <ref href="#section-120">section 120</ref><ref href="#section-120-3">(3)</ref><ref href="#section-120-3-b">(b)</ref> (stamping of vaping products) for the purpose of enabling retailers, consumers and other persons to assess whether a duty stamp has been activated in respect of a vaping product.</p></content></section>
<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-135"><num>135</num><heading>Information sharing</heading><subsection eId="section-135-1"><num>(1)</num><intro><p>The Commissioners may disclose such information as the Commissioners consider appropriate in connection with—</p></intro><level class="para1" eId="section-135-1-a"><num>(a)</num><content><p>the Commissioners’ functions relating to vaping products duty, or</p></content></level><level class="para1" eId="section-135-1-b"><num>(b)</num><content><p>the recipient’s functions relating to vaping products duty.</p></content></level></subsection><subsection eId="section-135-2"><num>(2)</num><intro><p>Any person with functions relating to vaping products duty may disclose to HMRC such information as the person considers appropriate in connection with—</p></intro><level class="para1" eId="section-135-2-a"><num>(a)</num><content><p>the Commissioners’ functions relating to vaping products duty, or</p></content></level><level class="para1" eId="section-135-2-b"><num>(b)</num><content><p>the person’s functions relating to vaping products duty.</p></content></level></subsection><subsection eId="section-135-3"><num>(3)</num><intro><p>A person who receives information from the Commissioners as a result of this section may not—</p></intro><level class="para1" eId="section-135-3-a"><num>(a)</num><content><p>use the information for a purpose other than the purpose for which it was disclosed, or</p></content></level><level class="para1" eId="section-135-3-b"><num>(b)</num><content><p>further disclose the information,</p></content></level><wrapUp><p>except with the consent of the Commissioners (which may be general or specific).</p></wrapUp></subsection><subsection eId="section-135-4"><num>(4)</num><intro><p>If—</p></intro><level class="para1" eId="section-135-4-a"><num>(a)</num><content><p>a person discloses information in contravention of subsection <ref href="#section-135-3">(3)</ref><ref href="#section-135-3-b">(b)</ref>, and</p></content></level><level class="para1" eId="section-135-4-b"><num>(b)</num><content><p>the information relates to a person whose identity is specified in, or can be deduced from, the disclosure,</p></content></level><wrapUp><p>section 19 of CRCA 2005 (offence of wrongful disclosure) applies in relation to that disclosure as it applies in relation to a disclosure of information in contravention of section 20(9) of that Act.</p></wrapUp></subsection><subsection eId="section-135-5"><num>(5)</num><content><p>Nothing in this section limits the circumstances in which information may be disclosed under section 18(2) of CRCA 2005 or under any other enactment or rule of law.</p></content></subsection><subsection eId="section-135-6"><num>(6)</num><content><p>In this section, a reference to the Commissioners or HMRC include a reference to anyone acting on their behalf.</p></content></subsection></section>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-135-1"><num>(1)</num><intro><p>The Commissioners may disclose such information as the Commissioners consider appropriate in connection with—</p></intro><level class="para1" eId="section-135-1-a"><num>(a)</num><content><p>the Commissioners’ functions relating to vaping products duty, or</p></content></level><level class="para1" eId="section-135-1-b"><num>(b)</num><content><p>the recipient’s functions relating to vaping products duty.</p></content></level></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-135-1-a"><num>(a)</num><content><p>the Commissioners’ functions relating to vaping products duty, or</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-135-1-b"><num>(b)</num><content><p>the recipient’s functions relating to vaping products duty.</p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-135-2"><num>(2)</num><intro><p>Any person with functions relating to vaping products duty may disclose to HMRC such information as the person considers appropriate in connection with—</p></intro><level class="para1" eId="section-135-2-a"><num>(a)</num><content><p>the Commissioners’ functions relating to vaping products duty, or</p></content></level><level class="para1" eId="section-135-2-b"><num>(b)</num><content><p>the person’s functions relating to vaping products duty.</p></content></level></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-135-2-a"><num>(a)</num><content><p>the Commissioners’ functions relating to vaping products duty, or</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-135-2-b"><num>(b)</num><content><p>the person’s functions relating to vaping products duty.</p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-135-3"><num>(3)</num><intro><p>A person who receives information from the Commissioners as a result of this section may not—</p></intro><level class="para1" eId="section-135-3-a"><num>(a)</num><content><p>use the information for a purpose other than the purpose for which it was disclosed, or</p></content></level><level class="para1" eId="section-135-3-b"><num>(b)</num><content><p>further disclose the information,</p></content></level><wrapUp><p>except with the consent of the Commissioners (which may be general or specific).</p></wrapUp></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-135-3-a"><num>(a)</num><content><p>use the information for a purpose other than the purpose for which it was disclosed, or</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-135-3-b"><num>(b)</num><content><p>further disclose the information,</p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-135-4"><num>(4)</num><intro><p>If—</p></intro><level class="para1" eId="section-135-4-a"><num>(a)</num><content><p>a person discloses information in contravention of subsection <ref href="#section-135-3">(3)</ref><ref href="#section-135-3-b">(b)</ref>, and</p></content></level><level class="para1" eId="section-135-4-b"><num>(b)</num><content><p>the information relates to a person whose identity is specified in, or can be deduced from, the disclosure,</p></content></level><wrapUp><p>section 19 of CRCA 2005 (offence of wrongful disclosure) applies in relation to that disclosure as it applies in relation to a disclosure of information in contravention of section 20(9) of that Act.</p></wrapUp></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-135-4-a"><num>(a)</num><content><p>a person discloses information in contravention of subsection <ref href="#section-135-3">(3)</ref><ref href="#section-135-3-b">(b)</ref>, and</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-135-4-b"><num>(b)</num><content><p>the information relates to a person whose identity is specified in, or can be deduced from, the disclosure,</p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-135-5"><num>(5)</num><content><p>Nothing in this section limits the circumstances in which information may be disclosed under section 18(2) of CRCA 2005 or under any other enactment or rule of law.</p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-135-6"><num>(6)</num><content><p>In this section, a reference to the Commissioners or HMRC include a reference to anyone acting on their behalf.</p></content></subsection>
<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-136"><num>136</num><heading>Investigation and enforcement</heading><subsection eId="section-136-1"><num>(1)</num><content><p>A local enforcement authority may investigate compliance with this Part, regulations made under this Part and regulations made under <ref eId="c00162" href="https://www.legislation.gov.uk/ukpga/2018/22/section/45">section 45</ref> of <ref eId="c00163" href="https://www.legislation.gov.uk/ukpga/2018/22/contents">TCTA 2018</ref> in relation to vaping products duty, and may carry out inspections of vaping products for that purpose.</p></content></subsection><subsection eId="section-136-2"><num>(2)</num><intro><p>In this section, “<term refersTo="#term-local-enforcement-authority" eId="term-local-enforcement-authority">local enforcement authority</term>” means—</p></intro><level class="para1" eId="section-136-2-a"><num>(a)</num><content><p>in Great Britain, a local weights and measures authority within the meaning of section 69 of the Weights and Measures Act 1985;</p></content></level><level class="para1" eId="section-136-2-b"><num>(b)</num><content><p>in Northern Ireland, a district council.</p></content></level></subsection></section>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-136-1"><num>(1)</num><content><p>A local enforcement authority may investigate compliance with this Part, regulations made under this Part and regulations made under <ref eId="c00162" href="https://www.legislation.gov.uk/ukpga/2018/22/section/45">section 45</ref> of <ref eId="c00163" href="https://www.legislation.gov.uk/ukpga/2018/22/contents">TCTA 2018</ref> in relation to vaping products duty, and may carry out inspections of vaping products for that purpose.</p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-136-2"><num>(2)</num><intro><p>In this section, “<term refersTo="#term-local-enforcement-authority" eId="term-local-enforcement-authority">local enforcement authority</term>” means—</p></intro><level class="para1" eId="section-136-2-a"><num>(a)</num><content><p>in Great Britain, a local weights and measures authority within the meaning of section 69 of the Weights and Measures Act 1985;</p></content></level><level class="para1" eId="section-136-2-b"><num>(b)</num><content><p>in Northern Ireland, a district council.</p></content></level></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-136-2-a"><num>(a)</num><content><p>in Great Britain, a local weights and measures authority within the meaning of section 69 of the Weights and Measures Act 1985;</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-136-2-b"><num>(b)</num><content><p>in Northern Ireland, a district council.</p></content></level>
<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-137"><num>137</num><heading>Regulations: further provision</heading><subsection eId="section-137-1"><num>(1)</num><intro><p>Regulations under this Part may—</p></intro><level class="para1" eId="section-137-1-a"><num>(a)</num><content><p>confer a discretion on any specified person to do anything under, or for the purposes of, the regulations;</p></content></level><level class="para1" eId="section-137-1-b"><num>(b)</num><content><p>make provision by reference to things specified in a notice published in accordance with the regulations;</p></content></level><level class="para1" eId="section-137-1-c"><num>(c)</num><content><p>make supplementary, incidental and consequential provision;</p></content></level><level class="para1" eId="section-137-1-d"><num>(d)</num><content><p>make transitional or transitory provision and savings.</p></content></level></subsection><subsection eId="section-137-2"><num>(2)</num><intro><p>A power to make regulations under this Part, or a power to exercise a discretion or publish a notice under regulations made under this Part, may be exercised—</p></intro><level class="para1" eId="section-137-2-a"><num>(a)</num><content><p>in relation to all cases to which the power extends, or in relation to those cases subject to specified exceptions, or in relation to any specified case or description of case;</p></content></level><level class="para1" eId="section-137-2-b"><num>(b)</num><content><p>so as to make different provision for different purposes or areas.</p></content></level></subsection><subsection eId="section-137-3"><num>(3)</num><content><p>A notice published under this Part may be withdrawn or revised by further published notice.</p></content></subsection><subsection eId="section-137-4"><num>(4)</num><content><p>A power to make regulations under this Part does not restrict any power to make legislation under any other enactment relating to excise duty.</p></content></subsection></section>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-137-1"><num>(1)</num><intro><p>Regulations under this Part may—</p></intro><level class="para1" eId="section-137-1-a"><num>(a)</num><content><p>confer a discretion on any specified person to do anything under, or for the purposes of, the regulations;</p></content></level><level class="para1" eId="section-137-1-b"><num>(b)</num><content><p>make provision by reference to things specified in a notice published in accordance with the regulations;</p></content></level><level class="para1" eId="section-137-1-c"><num>(c)</num><content><p>make supplementary, incidental and consequential provision;</p></content></level><level class="para1" eId="section-137-1-d"><num>(d)</num><content><p>make transitional or transitory provision and savings.</p></content></level></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-137-1-a"><num>(a)</num><content><p>confer a discretion on any specified person to do anything under, or for the purposes of, the regulations;</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-137-1-b"><num>(b)</num><content><p>make provision by reference to things specified in a notice published in accordance with the regulations;</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-137-1-c"><num>(c)</num><content><p>make supplementary, incidental and consequential provision;</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-137-1-d"><num>(d)</num><content><p>make transitional or transitory provision and savings.</p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-137-2"><num>(2)</num><intro><p>A power to make regulations under this Part, or a power to exercise a discretion or publish a notice under regulations made under this Part, may be exercised—</p></intro><level class="para1" eId="section-137-2-a"><num>(a)</num><content><p>in relation to all cases to which the power extends, or in relation to those cases subject to specified exceptions, or in relation to any specified case or description of case;</p></content></level><level class="para1" eId="section-137-2-b"><num>(b)</num><content><p>so as to make different provision for different purposes or areas.</p></content></level></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-137-2-a"><num>(a)</num><content><p>in relation to all cases to which the power extends, or in relation to those cases subject to specified exceptions, or in relation to any specified case or description of case;</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-137-2-b"><num>(b)</num><content><p>so as to make different provision for different purposes or areas.</p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-137-3"><num>(3)</num><content><p>A notice published under this Part may be withdrawn or revised by further published notice.</p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-137-4"><num>(4)</num><content><p>A power to make regulations under this Part does not restrict any power to make legislation under any other enactment relating to excise duty.</p></content></subsection>
<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-138"><num>138</num><heading>Regulations: procedure</heading><subsection eId="section-138-1"><num>(1)</num><content><p>Regulations under this Part must be made by statutory instrument.</p></content></subsection><subsection eId="section-138-2"><num>(2)</num><intro><p>A statutory instrument containing regulations under this Part is subject to made affirmative procedure if it contains (whether alone or with other provision) provision that—</p></intro><level class="para1" eId="section-138-2-a"><num>(a)</num><content><p>amends an Act of Parliament,</p></content></level><level class="para1" eId="section-138-2-b"><num>(b)</num><content><p>restricts any rebate of or relief from vaping products duty, or</p></content></level><level class="para1" eId="section-138-2-c"><num>(c)</num><content><p>extends the cases in which vaping products are required to be stamped.</p></content></level></subsection><subsection eId="section-138-3"><num>(3)</num><intro><p>Where a statutory instrument is subject to made affirmative procedure—</p></intro><level class="para1" eId="section-138-3-a"><num>(a)</num><content><p>it must be laid before the House of Commons after being made, and</p></content></level><level class="para1" eId="section-138-3-b"><num>(b)</num><content><p>it ceases to have effect at the end of the period of 28 days beginning with the day on which the instrument is made, unless within that period the instrument is approved by a resolution of the House of Commons.</p></content></level></subsection><subsection eId="section-138-4"><num>(4)</num><intro><p>Where a statutory instrument ceases to have effect as a result of subsection <ref href="#section-138-3">(3)</ref>, that does not—</p></intro><level class="para1" eId="section-138-4-a"><num>(a)</num><content><p>affect the validity of anything previously done under the instrument, or</p></content></level><level class="para1" eId="section-138-4-b"><num>(b)</num><content><p>prevent the making of a new statutory instrument.</p></content></level></subsection><subsection eId="section-138-5"><num>(5)</num><intro><p>In calculating the period of 28 days for the purposes of subsection <ref href="#section-138-3">(3)</ref>, no account is to be taken of any whole days that fall within a period during which—</p></intro><level class="para1" eId="section-138-5-a"><num>(a)</num><content><p>Parliament is dissolved or prorogued, or</p></content></level><level class="para1" eId="section-138-5-b"><num>(b)</num><content><p>the House of Commons is adjourned for more than 4 days.</p></content></level></subsection><subsection eId="section-138-6"><num>(6)</num><content><p>A statutory instrument containing regulations under this Part is subject to annulment in pursuance of a resolution of the House of Commons if it does not contain provision of a kind described in <ref href="#section-138-2">subsection (2)</ref>.</p></content></subsection><subsection eId="section-138-7"><num>(7)</num><content><p><ref href="#section-138-2">Subsections (2)</ref> to <ref href="#section-138-6">(6)</ref> do not apply to regulations made under <ref href="#section-141">section 141</ref> (commencement and transitional provision).</p></content></subsection></section>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-138-1"><num>(1)</num><content><p>Regulations under this Part must be made by statutory instrument.</p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-138-2"><num>(2)</num><intro><p>A statutory instrument containing regulations under this Part is subject to made affirmative procedure if it contains (whether alone or with other provision) provision that—</p></intro><level class="para1" eId="section-138-2-a"><num>(a)</num><content><p>amends an Act of Parliament,</p></content></level><level class="para1" eId="section-138-2-b"><num>(b)</num><content><p>restricts any rebate of or relief from vaping products duty, or</p></content></level><level class="para1" eId="section-138-2-c"><num>(c)</num><content><p>extends the cases in which vaping products are required to be stamped.</p></content></level></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-138-2-a"><num>(a)</num><content><p>amends an Act of Parliament,</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-138-2-b"><num>(b)</num><content><p>restricts any rebate of or relief from vaping products duty, or</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-138-2-c"><num>(c)</num><content><p>extends the cases in which vaping products are required to be stamped.</p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-138-3"><num>(3)</num><intro><p>Where a statutory instrument is subject to made affirmative procedure—</p></intro><level class="para1" eId="section-138-3-a"><num>(a)</num><content><p>it must be laid before the House of Commons after being made, and</p></content></level><level class="para1" eId="section-138-3-b"><num>(b)</num><content><p>it ceases to have effect at the end of the period of 28 days beginning with the day on which the instrument is made, unless within that period the instrument is approved by a resolution of the House of Commons.</p></content></level></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-138-3-a"><num>(a)</num><content><p>it must be laid before the House of Commons after being made, and</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-138-3-b"><num>(b)</num><content><p>it ceases to have effect at the end of the period of 28 days beginning with the day on which the instrument is made, unless within that period the instrument is approved by a resolution of the House of Commons.</p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-138-4"><num>(4)</num><intro><p>Where a statutory instrument ceases to have effect as a result of subsection <ref href="#section-138-3">(3)</ref>, that does not—</p></intro><level class="para1" eId="section-138-4-a"><num>(a)</num><content><p>affect the validity of anything previously done under the instrument, or</p></content></level><level class="para1" eId="section-138-4-b"><num>(b)</num><content><p>prevent the making of a new statutory instrument.</p></content></level></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-138-4-a"><num>(a)</num><content><p>affect the validity of anything previously done under the instrument, or</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-138-4-b"><num>(b)</num><content><p>prevent the making of a new statutory instrument.</p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-138-5"><num>(5)</num><intro><p>In calculating the period of 28 days for the purposes of subsection <ref href="#section-138-3">(3)</ref>, no account is to be taken of any whole days that fall within a period during which—</p></intro><level class="para1" eId="section-138-5-a"><num>(a)</num><content><p>Parliament is dissolved or prorogued, or</p></content></level><level class="para1" eId="section-138-5-b"><num>(b)</num><content><p>the House of Commons is adjourned for more than 4 days.</p></content></level></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-138-5-a"><num>(a)</num><content><p>Parliament is dissolved or prorogued, or</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-138-5-b"><num>(b)</num><content><p>the House of Commons is adjourned for more than 4 days.</p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-138-6"><num>(6)</num><content><p>A statutory instrument containing regulations under this Part is subject to annulment in pursuance of a resolution of the House of Commons if it does not contain provision of a kind described in <ref href="#section-138-2">subsection (2)</ref>.</p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-138-7"><num>(7)</num><content><p><ref href="#section-138-2">Subsections (2)</ref> to <ref href="#section-138-6">(6)</ref> do not apply to regulations made under <ref href="#section-141">section 141</ref> (commencement and transitional provision).</p></content></subsection>
<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-139"><num>139</num><heading>Amendments of other enactments</heading><content><p><ref href="#schedule-15">Schedule 15</ref> contains amendments of other enactments.</p></content></section>
<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-140"><num>140</num><heading>Interpretation</heading><intro><p>In <ref href="#part-4">this Part</ref>—</p></intro><hcontainer name="definition"><content><p>“<term refersTo="#term-activated" eId="term-activated">activated</term>”, in relation to a duty stamp, means linked to a particular vaping product in accordance with regulations made under <ref href="#section-120">section 120</ref> and section 45 of TCTA 2018;</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-approved-stamp-holder" eId="term-approved-stamp-holder">approved stamp holder</term>” means a person approved under <ref href="#section-122">section 122</ref> (approved stamp holders);</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-commissioners" eId="term-commissioners">Commissioners</term>” means the Commissioners for His Majesty’s Revenue and Customs;</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-duty-deferment-arrangement" eId="term-duty-deferment-arrangement">duty deferment arrangement</term>” means provision made by or under the customs and excise Acts that permits the payment of excise duty to be deferred;</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-duty-stamp" eId="term-duty-stamp">duty stamp</term>” has the meaning given in section <ref href="#section-120">120</ref><ref href="#section-120-4">(4)</ref>;</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-hmrc" eId="term-hmrc">HMRC</term>” means His Majesty’s Revenue and Customs;</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-medicinal-product" eId="term-medicinal-product">medicinal product</term>” has the meaning given in the <ref eId="c00164" href="https://www.legislation.gov.uk/uksi/2012/1916/contents">Human Medicines Regulations 2012</ref> (<ref eId="c00165" href="http://www.legislation.gov.uk/id/uksi/2012/1916">S.I. 2012/1916</ref>);</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-overseas-person" eId="term-overseas-person">overseas person</term>” has the meaning given in <ref href="#section-123">section 123</ref><ref href="#section-123-8">(8)</ref> (United Kingdom representatives);</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-retail-packaging" eId="term-retail-packaging">retail packaging</term>”, in relation to a product, means the packaging in which it is, or is intended to be, presented for sale by retail;</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-stamp-issuer" eId="term-stamp-issuer">stamp issuer</term>” has the meaning given in <ref href="#section-121">section 121</ref><ref href="#section-121-4">(4)</ref>;</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-stamped-vaping-product" eId="term-stamped-vaping-product">stamped vaping product</term>” means a vaping product which is stamped in accordance with this Part and regulations made under section 45 of TCTA 2018;</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-tobacco-product" eId="term-tobacco-product">tobacco product</term>” has the meaning given in <ref eId="c00166" href="https://www.legislation.gov.uk/ukpga/1979/7/section/1">section 1</ref> of <ref eId="c00167" href="https://www.legislation.gov.uk/ukpga/1979/7/contents">TPDA 1979</ref>;</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-uk-representative" eId="term-uk-representative">UK representative</term>” has the meaning given in <ref href="#section-123">section 123</ref><ref href="#section-123-8">(8)</ref>;</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-unstamped-vaping-product" eId="term-unstamped-vaping-product">unstamped vaping product</term>” means a vaping product which is required to be stamped in accordance with this Part and regulations made under section 45 of TCTA 2018, but is not so stamped;</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-vape" eId="term-vape">vape</term>” means a device that vaporises substances for the purpose of inhalation through a mouthpiece;</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-vaping-product" eId="term-vaping-product">vaping product</term>” has the meaning given in section <ref href="#section-116">116</ref><ref href="#section-116-1">(1)</ref> (but see subsection (2));</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-vaping-products-duty" eId="term-vaping-products-duty">vaping products duty</term>” has the meaning given in section <ref href="#section-115">115</ref><ref href="#section-115-3">(3)</ref>.</p></content></hcontainer></section>
<hcontainer xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" name="definition"><content><p>“<term refersTo="#term-stamp-issuer" eId="term-stamp-issuer">stamp issuer</term>” has the meaning given in <ref href="#section-121">section 121</ref><ref href="#section-121-4">(4)</ref>;</p></content></hcontainer>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1"><num>(b)</num><content><p>a person who issues credit cards;</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1"><num>(b)</num><content><p>repayment or increased repayment from tax,</p></content></level>
<hcontainer xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" name="definition"><content><p>“<term refersTo="#term-authorised-officer-of-revenue-and-customs" eId="term-authorised-officer-of-revenue-and-customs">authorised officer of Revenue and Customs</term>” means an officer of Revenue and Customs who is, or is a member of a class of officers who are, authorised by the Commissioners for the purpose of <ref href="#part-6-chapter-2">this Chapter</ref>;</p></content></hcontainer>
<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-141"><num>141</num><heading>Commencement and transitional provision</heading><subsection eId="section-141-1"><num>(1)</num><content><p>Section <ref href="#section-115">115</ref> comes into force on 1 October 2026.</p></content></subsection><subsection eId="section-141-2"><num>(2)</num><intro><p>Section <ref href="#section-115">115</ref> has effect in relation to vaping products that—</p></intro><level class="para1" eId="section-141-2-a"><num>(a)</num><content><p>were produced in, or imported into, the United Kingdom before 1 October 2026, and</p></content></level><level class="para1" eId="section-141-2-b"><num>(b)</num><content><p>are stamped (see <ref href="#section-120">section 120</ref><ref href="#section-120-2">(2)</ref>),</p></content></level><wrapUp><p>as though they were produced in, or imported into, the United Kingdom on 1 October 2026.</p></wrapUp></subsection><subsection eId="section-141-3"><num>(3)</num><content><p>Sections <ref href="#section-117">117</ref><ref href="#section-117-4">(4)</ref> (production only in accordance with regulations) and <ref href="#section-120">120</ref><ref href="#section-120-1">(1)</ref> (duty to stamp in accordance with regulations) come into force on such day as the Treasury may by regulations appoint.</p></content></subsection><subsection eId="section-141-4"><num>(4)</num><content><p><ref href="#section-129">Section 129</ref> comes into force two months after this Act is passed.</p></content></subsection><subsection eId="section-141-5"><num>(5)</num><content><p><ref href="#section-130">Sections 130</ref> and <ref href="#section-131">131</ref> (dealing in unstamped vaping products and sales ban) come into force on 1 April 2027, and have effect in relation to vaping products irrespective of when they were produced or imported.</p></content></subsection><subsection eId="section-141-6"><num>(6)</num><intro><p>The Treasury may by regulations provide that, for a specified period, <ref href="#part-4">this Part</ref> has effect as though—</p></intro><level class="para1" eId="section-141-6-a"><num>(a)</num><content><p>a reference to a duty stamp includes a reference to a transitional duty stamp;</p></content></level><level class="para1" eId="section-141-6-b"><num>(b)</num><content><p>in <ref href="#section-122">section 122</ref><ref href="#section-122-3">(3)</ref> the words “and activated in respect of” were omitted;</p></content></level><level class="para1" eId="section-141-6-c"><num>(c)</num><content><p><ref href="#section-124">sections 124</ref><ref href="#section-124-1">(1)</ref><ref href="#section-124-1-c">(c)</ref> and <ref href="#section-126">126</ref><ref href="#section-126-1">(1)</ref><ref href="#section-126-1-b">(b)</ref> were omitted.</p></content></level></subsection><subsection eId="section-141-7"><num>(7)</num><intro><p>Regulations under <ref href="#section-141-6">subsection (6)</ref> may—</p></intro><level class="para1" eId="section-141-7-a"><num>(a)</num><content><p>define “transitional duty stamp”;</p></content></level><level class="para1" eId="section-141-7-b"><num>(b)</num><content><p>make further provision about the specified period and transitional duty stamps.</p></content></level></subsection><subsection eId="section-141-8"><num>(8)</num><content><p>The Treasury may by regulations provide that, for a specified period, <ref href="#part-4">this Part</ref> has effect as though a reference to an approved stamp holder or UK representative is a reference to a person being approved or treated as an approved stamp holder or UK representative.</p></content></subsection><subsection eId="section-141-9"><num>(9)</num><content><p>Regulations under <ref href="#section-141-8">subsection (8)</ref> may make provision about when a person is to be treated as an approved stamp holder or UK representative.</p></content></subsection><subsection eId="section-141-10"><num>(10)</num><content><p>The Treasury may by regulations extend a period specified in regulations under this section.</p></content></subsection><subsection eId="section-141-11"><num>(11)</num><content><p>Regulations under <ref href="#section-141-7">subsection (7)</ref><ref href="#section-141-7-b">(b)</ref> may include provision imposing penalties and for forfeiture.</p></content></subsection><subsection eId="section-141-12"><num>(12)</num><content><p>A statutory instrument containing regulations under this section is subject to annulment in pursuance of a resolution of the House of Commons.</p></content></subsection></section>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-141-1"><num>(1)</num><content><p>Section <ref href="#section-115">115</ref> comes into force on 1 October 2026.</p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-141-2"><num>(2)</num><intro><p>Section <ref href="#section-115">115</ref> has effect in relation to vaping products that—</p></intro><level class="para1" eId="section-141-2-a"><num>(a)</num><content><p>were produced in, or imported into, the United Kingdom before 1 October 2026, and</p></content></level><level class="para1" eId="section-141-2-b"><num>(b)</num><content><p>are stamped (see <ref href="#section-120">section 120</ref><ref href="#section-120-2">(2)</ref>),</p></content></level><wrapUp><p>as though they were produced in, or imported into, the United Kingdom on 1 October 2026.</p></wrapUp></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-141-2-a"><num>(a)</num><content><p>were produced in, or imported into, the United Kingdom before 1 October 2026, and</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-141-2-b"><num>(b)</num><content><p>are stamped (see <ref href="#section-120">section 120</ref><ref href="#section-120-2">(2)</ref>),</p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-141-3"><num>(3)</num><content><p>Sections <ref href="#section-117">117</ref><ref href="#section-117-4">(4)</ref> (production only in accordance with regulations) and <ref href="#section-120">120</ref><ref href="#section-120-1">(1)</ref> (duty to stamp in accordance with regulations) come into force on such day as the Treasury may by regulations appoint.</p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-141-4"><num>(4)</num><content><p><ref href="#section-129">Section 129</ref> comes into force two months after this Act is passed.</p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-141-5"><num>(5)</num><content><p><ref href="#section-130">Sections 130</ref> and <ref href="#section-131">131</ref> (dealing in unstamped vaping products and sales ban) come into force on 1 April 2027, and have effect in relation to vaping products irrespective of when they were produced or imported.</p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-141-6"><num>(6)</num><intro><p>The Treasury may by regulations provide that, for a specified period, <ref href="#part-4">this Part</ref> has effect as though—</p></intro><level class="para1" eId="section-141-6-a"><num>(a)</num><content><p>a reference to a duty stamp includes a reference to a transitional duty stamp;</p></content></level><level class="para1" eId="section-141-6-b"><num>(b)</num><content><p>in <ref href="#section-122">section 122</ref><ref href="#section-122-3">(3)</ref> the words “and activated in respect of” were omitted;</p></content></level><level class="para1" eId="section-141-6-c"><num>(c)</num><content><p><ref href="#section-124">sections 124</ref><ref href="#section-124-1">(1)</ref><ref href="#section-124-1-c">(c)</ref> and <ref href="#section-126">126</ref><ref href="#section-126-1">(1)</ref><ref href="#section-126-1-b">(b)</ref> were omitted.</p></content></level></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-141-6-a"><num>(a)</num><content><p>a reference to a duty stamp includes a reference to a transitional duty stamp;</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-141-6-b"><num>(b)</num><content><p>in <ref href="#section-122">section 122</ref><ref href="#section-122-3">(3)</ref> the words “and activated in respect of” were omitted;</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-141-6-c"><num>(c)</num><content><p><ref href="#section-124">sections 124</ref><ref href="#section-124-1">(1)</ref><ref href="#section-124-1-c">(c)</ref> and <ref href="#section-126">126</ref><ref href="#section-126-1">(1)</ref><ref href="#section-126-1-b">(b)</ref> were omitted.</p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-141-7"><num>(7)</num><intro><p>Regulations under <ref href="#section-141-6">subsection (6)</ref> may—</p></intro><level class="para1" eId="section-141-7-a"><num>(a)</num><content><p>define “transitional duty stamp”;</p></content></level><level class="para1" eId="section-141-7-b"><num>(b)</num><content><p>make further provision about the specified period and transitional duty stamps.</p></content></level></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-141-7-a"><num>(a)</num><content><p>define “transitional duty stamp”;</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-141-7-b"><num>(b)</num><content><p>make further provision about the specified period and transitional duty stamps.</p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-141-8"><num>(8)</num><content><p>The Treasury may by regulations provide that, for a specified period, <ref href="#part-4">this Part</ref> has effect as though a reference to an approved stamp holder or UK representative is a reference to a person being approved or treated as an approved stamp holder or UK representative.</p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-141-9"><num>(9)</num><content><p>Regulations under <ref href="#section-141-8">subsection (8)</ref> may make provision about when a person is to be treated as an approved stamp holder or UK representative.</p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-141-10"><num>(10)</num><content><p>The Treasury may by regulations extend a period specified in regulations under this section.</p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-141-11"><num>(11)</num><content><p>Regulations under <ref href="#section-141-7">subsection (7)</ref><ref href="#section-141-7-b">(b)</ref> may include provision imposing penalties and for forfeiture.</p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-141-12"><num>(12)</num><content><p>A statutory instrument containing regulations under this section is subject to annulment in pursuance of a resolution of the House of Commons.</p></content></subsection>
<part xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" eId="part-5"><num>Part 5</num><heading>Carbon border adjustment mechanism</heading><hcontainer name="crossheading" ukl:Name="Pblock" eId="part-5-crossheading-introduction"><heading>Introduction</heading><section eId="section-142"><num>142</num><heading>Introduction to CBAM</heading><subsection eId="section-142-1"><num>(1)</num><content><p>A tax called the carbon border adjustment mechanism (“<term refersTo="#term-cbam" eId="term-cbam">CBAM</term>”) is to be charged in accordance with <ref href="#part-5">this Part</ref>.</p></content></subsection><subsection eId="section-142-2"><num>(2)</num><intro><p>In <ref href="#part-5">this Part</ref>—</p></intro><level class="para1" eId="section-142-2-a"><num>(a)</num><content><p><span><ref href="#section-143">sections 143</ref> to <ref href="#section-150">150</ref></span> and <ref href="#schedule-16">Schedule 16</ref> set out the charge to CBAM (and include exemptions and relief);</p></content></level><level class="para1" eId="section-142-2-b"><num>(b)</num><content><p><ref href="#section-151">section 151</ref> and <ref href="#schedule-17">Schedule 17</ref> provide for the administration and enforcement of CBAM;</p></content></level><level class="para1" eId="section-142-2-c"><num>(c)</num><content><p><ref href="#section-152">section 152</ref> and <ref href="#schedule-18">Schedule 18</ref> provide for criminal offences relating to CBAM;</p></content></level><level class="para1" eId="section-142-2-d"><num>(d)</num><content><p><span><ref href="#section-153">sections 153</ref> to <ref href="#section-158">158</ref></span> and <ref href="#schedule-19">Schedule 19</ref> make general provision.</p></content></level></subsection></section></hcontainer><hcontainer name="crossheading" ukl:Name="Pblock" eId="part-5-crossheading-the-charge"><heading>The charge</heading><section eId="section-143"><num>143</num><heading>Charge to CBAM</heading><subsection eId="section-143-1"><num>(1)</num><content><p>CBAM is charged on the emissions embodied in a CBAM good when the good is imported into the United Kingdom.</p></content></subsection><subsection eId="section-143-2"><num>(2)</num><content><p>In <ref href="#part-5">this Part</ref>, “<term refersTo="#term-cbam-good" eId="term-cbam-good">CBAM good</term>” means a good specified by <ref href="#schedule-16">Schedule 16</ref> (but see <ref href="#section-145">section 145</ref><ref href="#section-145-3">(3)</ref>).</p></content></subsection><subsection eId="section-143-3"><num>(3)</num><intro><p><ref href="#schedule-16">Schedule 16</ref> specifies the following kinds of goods—</p></intro><level class="para1" eId="section-143-3-a"><num>(a)</num><content><p>aluminium goods;</p></content></level><level class="para1" eId="section-143-3-b"><num>(b)</num><content><p>cement;</p></content></level><level class="para1" eId="section-143-3-c"><num>(c)</num><content><p>fertilisers;</p></content></level><level class="para1" eId="section-143-3-d"><num>(d)</num><content><p>hydrogen;</p></content></level><level class="para1" eId="section-143-3-e"><num>(e)</num><content><p>iron and steel goods.</p></content></level></subsection></section><section eId="section-144"><num>144</num><heading>Importation</heading><subsection eId="section-144-1"><num>(1)</num><intro><p>For the purposes of this Part, a reference to a good being imported into the United Kingdom is a reference to—</p></intro><level class="para1" eId="section-144-1-a"><num>(a)</num><content><p>the first time a good is imported as described in <ref href="#section-144">this section</ref>, and</p></content></level><level class="para1" eId="section-144-1-b"><num>(b)</num><content><p>if a good is imported as described in <ref href="#section-144">this section</ref> and subsequently exported from the United Kingdom, the next time the good is imported as described in <ref href="#section-144">this section</ref>.</p></content></level></subsection><subsection eId="section-144-2"><num>(2)</num><content><p>If a CBAM good is chargeable to import duty under <ref eId="c00168" href="https://www.legislation.gov.uk/ukpga/2018/22/section/1">section 1</ref> of <ref eId="c00169" href="https://www.legislation.gov.uk/ukpga/2018/22/contents">TCTA 2018</ref>, it is imported when liability to import duty is incurred in respect of the good.</p></content></subsection><subsection eId="section-144-3"><num>(3)</num><content><p>If a CBAM good is chargeable to duty under <ref eId="c00170" href="https://www.legislation.gov.uk/ukpga/2018/22/section/30C">section 30C</ref> of <ref eId="c00171" href="https://www.legislation.gov.uk/ukpga/2018/22/contents">TCTA 2018</ref>, it is imported when liability to that duty is incurred in respect of the good.</p></content></subsection><subsection eId="section-144-4"><num>(4)</num><content><p>If a CBAM good is chargeable to duty under <ref eId="c00172" href="https://www.legislation.gov.uk/ukpga/2018/22/section/30A">section 30A</ref><ref eId="c00173" href="https://www.legislation.gov.uk/ukpga/2018/22/section/30A">(3)</ref> or <ref eId="c00174" href="https://www.legislation.gov.uk/ukpga/2018/22/section/40A">40A</ref><ref eId="c00175" href="https://www.legislation.gov.uk/ukpga/2018/22/section/40A">(1)</ref><ref eId="c00176" href="https://www.legislation.gov.uk/ukpga/2018/22/section/40A">(a)</ref> of <ref eId="c00177" href="https://www.legislation.gov.uk/ukpga/2018/22/contents">TCTA 2018</ref> (or would be so chargeable but for regulations within section 30B(1)(a) or 40B(1)(a) of that Act), it is imported when liability to that duty is incurred in respect of the good (or would be incurred but for the regulations).</p></content></subsection><subsection eId="section-144-5"><num>(5)</num><intro><p>If a CBAM good is—</p></intro><level class="para1" eId="section-144-5-a"><num>(a)</num><content><p>a Union good that is imported into the United Kingdom as a result of its entry into Northern Ireland and not excluded by regulations made by the Treasury,</p></content></level><level class="para1" eId="section-144-5-b"><num>(b)</num><content><p>a good that is imported into the United Kingdom from the Isle of Man and not excluded by regulations made by the Treasury,</p></content></level><level class="para1" eId="section-144-5-c"><num>(c)</num><content><p>a domestic good by virtue of regulations made under section 33(8) of TCTA 2018 relating to goods declared for an outward processing procedure, or</p></content></level><level class="para1" eId="section-144-5-d"><num>(d)</num><content><p>a domestic good by virtue of subsection (6) of <ref eId="c00178" href="https://www.legislation.gov.uk/ukpga/2018/22/section/36">section 36</ref> of <ref eId="c00179" href="https://www.legislation.gov.uk/ukpga/2018/22/contents">TCTA 2018</ref> or regulations made under that section,</p></content></level><wrapUp><p>it is imported at the time of importation for the purposes of the customs and excise Acts.</p></wrapUp></subsection><subsection eId="section-144-6"><num>(6)</num><content><p>If a CBAM good would be chargeable to duty under section 30C of TCTA 2018 but for regulations within subsection (6)(a) of that section, it is imported at the time of entry of the good in Great Britain in the course of the removal of the good to Great Britain from Northern Ireland.</p></content></subsection><subsection eId="section-144-7"><num>(7)</num><content><p>The reference in <ref href="#section-144-4">subsection (4)</ref> to when liability to duty under section 30A(3) or 40A(1)(a) of TCTA 2018 is incurred in respect of a good is to when, for the purpose of the duty, a customs debt on import is incurred under UCC 2013.</p></content></subsection><subsection eId="section-144-8"><num>(8)</num><content><p><mod>For the purposes of determining, in accordance with <ref href="#section-144-5">subsection (5)</ref>, when a CBAM good is imported into the United Kingdom from the Isle of Man, <ref eId="c00180" href="https://www.legislation.gov.uk/ukpga/1979/58/section/8">section 8</ref> of the <ref eId="c00181" href="https://www.legislation.gov.uk/ukpga/1979/58/contents">Isle of Man Act 1979</ref> (removal of goods from the Isle of Man) has effect as if, in subsection (2) of <ref eId="c00182" href="https://www.legislation.gov.uk/ukpga/1979/58/contents">that Act</ref>, at the end of paragraph (c), there were inserted <quotedText startQuote="“">; or</quotedText><quotedStructure endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="default"><level class="para1"><num>(d)</num><content><p>goods which are CBAM goods.</p></content></level></quotedStructure></mod></p></content></subsection><subsection eId="section-144-9"><num>(9)</num><intro><p>Section 5 of CEMA 1979 applies for the purpose of <ref href="#section-144-6">subsection (6)</ref> to determine the time of entry of a CBAM good in Great Britain in the course of the removal of the good to Great Britain from Northern Ireland as it applies for the purpose of the customs and excise Acts to determine the time of importation of goods—</p></intro><level class="para1" eId="section-144-9-a"><num>(a)</num><content><p>reading references in that section to the time of importation of goods as the time of entry of the CBAM good in Great Britain, and</p></content></level><level class="para1" eId="section-144-9-b"><num>(b)</num><content><p>reading references in subsections (2) and (6) of that section to the United Kingdom as Great Britain.</p></content></level></subsection><subsection eId="section-144-10"><num>(10)</num><content><p>Regulations made by the Treasury may exclude from <ref href="#section-144-4">subsection (4)</ref> or <ref href="#section-144-6">(6)</ref> (as the case may be) goods that would be chargeable to duty under section 30A(3), 30C or 40A(1)(a) of TCTA 2018 but for regulations within section 30B(1)(a), 30C(6)(a) or 40B(1)(a) of that Act.</p></content></subsection></section><section eId="section-145"><num>145</num><heading>Goods processed under a special customs procedure</heading><subsection eId="section-145-1"><num>(1)</num><intro><p>Subsection <ref href="#section-145-2">(2)</ref> applies where—</p></intro><level class="para1" eId="section-145-1-a"><num>(a)</num><content><p>a CBAM good has been declared for a special customs procedure,</p></content></level><level class="para1" eId="section-145-1-b"><num>(b)</num><content><p>the CBAM good is processed under the procedure,</p></content></level><level class="para1" eId="section-145-1-c"><num>(c)</num><content><p>the processing produces a good that is not a CBAM good, and</p></content></level><level class="para1" eId="section-145-1-d"><num>(d)</num><content><p>that good is imported into the United Kingdom.</p></content></level></subsection><subsection eId="section-145-2"><num>(2)</num><content><p>When the good that is not a CBAM good is first imported as described in <ref href="#section-144">section 144</ref>, CBAM is charged on so much of the emissions embodied in that good as were embodied in the CBAM good when it was declared for the special customs procedure.</p></content></subsection><subsection eId="section-145-3"><num>(3)</num><content><p>References in <ref href="#part-5">this Part</ref> to a CBAM good include a reference to a good imported in the circumstances described in <ref href="#section-145-1">subsection (1)</ref>.</p></content></subsection><subsection eId="section-145-4"><num>(4)</num><intro><p>In this section, “<term refersTo="#term-special-customs-procedure" eId="term-special-customs-procedure">special customs procedure</term>” means—</p></intro><level class="para1" eId="section-145-4-a"><num>(a)</num><content><p>a special Customs procedure (within the meaning of section 3(4) of TCTA 2018);</p></content></level><level class="para1" eId="section-145-4-b"><num>(b)</num><content><p>a special procedure provided for by Title 7 of UCC 2013, other than the outward processing procedure.</p></content></level></subsection></section><section eId="section-146"><num>146</num><heading>Person liable: the importer</heading><subsection eId="section-146-1"><num>(1)</num><content><p>The person liable to CBAM on the emissions embodied in a CBAM good is the importer.</p></content></subsection><subsection eId="section-146-2"><num>(2)</num><intro><p>If a CBAM good is imported as described in <ref href="#section-144">section 144</ref><ref href="#section-144-2">(2)</ref>, <ref href="#section-144-3">(3)</ref> or <ref href="#section-144-6">(6)</ref>, the importer is—</p></intro><level class="para1" eId="section-146-2-a"><num>(a)</num><intro><p>if liability to import duty, or duty under section 30C of TCTA 2018, is incurred when a declaration for a Customs procedure is accepted, or when there is a breach of a requirement relating to the procedure—</p></intro><level class="para2" eId="section-146-2-a-i"><num>(i)</num><content><p>the person in whose name the declaration for the procedure was made, or</p></content></level><level class="para2" eId="section-146-2-a-ii"><num>(ii)</num><content><p>if the declaration was made on behalf of another person, the person on whose behalf the declaration was made, or</p></content></level></level><level class="para1" eId="section-146-2-b"><num>(b)</num><content><p>if <ref href="#section-146-2-a">paragraph (a)</ref> does not apply, the person on whose behalf the good is imported.</p></content></level></subsection><subsection eId="section-146-3"><num>(3)</num><intro><p>If a CBAM good is imported as described in <ref href="#section-144">section 144</ref><ref href="#section-144-4">(4)</ref>, the importer is—</p></intro><level class="para1" eId="section-146-3-a"><num>(a)</num><intro><p>if liability to duty under section 30A(3) or 40A(1)(a) of TCTA 2018 is incurred when a Union customs declaration in respect of the good is accepted, or when there is a breach of a requirement relating to the procedure for which it is accepted—</p></intro><level class="para2" eId="section-146-3-a-i"><num>(i)</num><content><p>the declarant, or</p></content></level><level class="para2" eId="section-146-3-a-ii"><num>(ii)</num><content><p>if the declaration was made on behalf of another person, the person on whose behalf the declaration was made, or</p></content></level></level><level class="para1" eId="section-146-3-b"><num>(b)</num><content><p>if <ref href="#section-146-3-a">paragraph (a)</ref> does not apply, the person on whose behalf the good is imported.</p></content></level></subsection><subsection eId="section-146-4"><num>(4)</num><content><p>If a CBAM good is imported as described in <ref href="#section-144">section 144</ref><ref href="#section-144-5">(5)</ref>, the importer is the person on whose behalf the good is imported.</p></content></subsection><subsection eId="section-146-5"><num>(5)</num><intro><p>In this section—</p></intro><hcontainer name="definition"><content><p>“<term refersTo="#term-customs-procedure" eId="term-customs-procedure">Customs procedure</term>” means a procedure set out in section 3(3) of TCTA 2018;</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-declarant" eId="term-declarant">declarant</term>”, in relation to a Union customs declaration, has the meaning given by Article 5(15) of UCC 2013;</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-union-customs-declaration" eId="term-union-customs-declaration">Union customs declaration</term>” means a customs declaration for the purposes of UCC 2013.</p></content></hcontainer></subsection></section><section eId="section-147"><num>147</num><heading>Exemptions</heading><subsection eId="section-147-1"><num>(1)</num><intro><p>CBAM is not charged on the emissions embodied in a CBAM good if the importer—</p></intro><level class="para1" eId="section-147-1-a"><num>(a)</num><content><p>is, at the time the good is imported, neither registrable nor registered (see <ref href="#schedule-17-part-2">Part 2</ref> of <ref href="#schedule-17">Schedule 17</ref>), or</p></content></level><level class="para1" eId="section-147-1-b"><num>(b)</num><content><p>is importing the good otherwise than in the course of a business.</p></content></level></subsection><subsection eId="section-147-2"><num>(2)</num><intro><p>CBAM is not charged on the emissions embodied in a CBAM good if—</p></intro><level class="para1" eId="section-147-2-a"><num>(a)</num><content><p>the place of origin of the good is the United Kingdom, determined in accordance with provision applicable in relation to the customs tariff in its standard form (see section 17(1) to (6) of TCTA 2018);</p></content></level><level class="para1" eId="section-147-2-b"><num>(b)</num><content><p>the good is imported as described in <ref href="#section-144">section 144</ref><ref href="#section-144-2">(2)</ref> or <ref href="#section-144-3">(3)</ref> and returned goods relief is available in respect of the good;</p></content></level><level class="para1" eId="section-147-2-c"><num>(c)</num><content><p>the good is imported as described in <ref href="#section-144">section 144</ref><ref href="#section-144-4">(4)</ref> and relief under Article 203 of UCC 2013 (returned goods) is available in respect of the good;</p></content></level><level class="para1" eId="section-147-2-d"><num>(d)</num><intro><p>the good is within <ref href="#section-144">section 144</ref><ref href="#section-144-5">(5)</ref><ref href="#section-144-5-a">(a)</ref> and was—</p></intro><level class="para2" eId="section-147-2-d-i"><num>(i)</num><content><p>exported from the United Kingdom as a Union good as a result of its removal from Northern Ireland, and</p></content></level><level class="para2" eId="section-147-2-d-ii"><num>(ii)</num><content><p>imported into the United Kingdom as described in <ref href="#section-144">section 144</ref><ref href="#section-144-5">(5)</ref><ref href="#section-144-5-a">(a)</ref> not more than 3 years later, in the state in which it was exported (see Article 203(5) of UCC 2013);</p></content></level></level><level class="para1" eId="section-147-2-e"><num>(e)</num><content><p>the good is imported as described in <ref href="#section-144">section 144</ref><ref href="#section-144-5">(5)</ref><ref href="#section-144-5-b">(b)</ref> and returned goods relief would be available in respect of it if liability to import duty were incurred by reference to its importation into the United Kingdom.</p></content></level></subsection><subsection eId="section-147-3"><num>(3)</num><intro><p>CBAM is not charged on so much of the emissions embodied in a CBAM good (“the chargeable good”) as are attributable to the production of another CBAM good which—</p></intro><level class="para1" eId="section-147-3-a"><num>(a)</num><content><p>originated from the United Kingdom, determined in accordance with provision applicable in relation to the customs tariff in its standard form (see section 17(1) to (6) of TCTA 2018), and</p></content></level><level class="para1" eId="section-147-3-b"><num>(b)</num><content><p>was processed to produce the chargeable good.</p></content></level></subsection><subsection eId="section-147-4"><num>(4)</num><intro><p>If, but for this subsection, a liability to duty would have been incurred for the purposes of <ref href="#section-144">section 144</ref><ref href="#section-144-2">(2)</ref> or <ref href="#section-144-3">(3)</ref> in circumstances where—</p></intro><level class="para1" eId="section-147-4-a"><num>(a)</num><content><p>liability to duty was incurred in accordance with section 4(4)(a) of TCTA 2018,</p></content></level><level class="para1" eId="section-147-4-b"><num>(b)</num><content><p>liability to duty was incurred by virtue of HMRC accepting a declaration of the good for a temporary admission procedure, and</p></content></level><level class="para1" eId="section-147-4-c"><num>(c)</num><content><p>full relief was given from the liability to duty incurred,</p></content></level><wrapUp><p>the liability to duty is treated as not having been incurred on that occasion for the purposes of <ref href="#section-144">section 144</ref><ref href="#section-144-2">(2)</ref> or <ref href="#section-144-3">(3)</ref> (and, accordingly, the good is treated as not having been imported as described in <ref href="#section-144">section 144</ref><ref href="#section-144-2">(2)</ref> or <ref href="#section-144-3">(3)</ref> on that occasion).</p></wrapUp></subsection><subsection eId="section-147-5"><num>(5)</num><intro><p>But <ref href="#section-147-4">subsection (4)</ref> does not apply if—</p></intro><level class="para1" eId="section-147-5-a"><num>(a)</num><content><p>there was no entitlement to make the declaration mentioned in <ref href="#section-147-4">subsection (4)</ref><ref href="#section-147-4-b">(b)</ref>, or</p></content></level><level class="para1" eId="section-147-5-b"><num>(b)</num><content><p>the full relief given, mentioned in <ref href="#section-147-4">subsection (4)</ref><ref href="#section-147-4-c">(c)</ref>, was not available.</p></content></level></subsection><subsection eId="section-147-6"><num>(6)</num><content><p>The Treasury may by regulations specify other circumstances in which CBAM is not charged on emissions, or certain emissions, embodied in a CBAM good.</p></content></subsection><subsection eId="section-147-7"><num>(7)</num><content><p>Regulations under <ref href="#section-147-6">subsection (6)</ref> may also treat an importation into the United Kingdom, for any purpose of <ref href="#part-5">this Part</ref>, of a CBAM good in respect of which the regulations apply as not having occurred (including by virtue of provision similar to <ref href="#section-147-4">subsection (4)</ref>).</p></content></subsection><subsection eId="section-147-8"><num>(8)</num><intro><p>In this section—</p></intro><hcontainer name="definition"><content><p>“<term refersTo="#term-customs-tariff-in-its-standard-form" eId="term-customs-tariff-in-its-standard-form">customs tariff in its standard form</term>” means the customs tariff, as defined in section 8 of TCTA 2018, as it has effect without regard to any provision made under sections 9 to 15 or section 19(4) of that Act;</p></content></hcontainer><hcontainer name="definition"><intro><p>“<term refersTo="#term-returned-goods-relief" eId="term-returned-goods-relief">returned goods relief</term>” means relief for import duty available—</p></intro><level class="para1"><num>(a)</num><content><p>by virtue of the UK Reliefs document, and</p></content></level><level class="para1"><num>(b)</num><content><p>by reference to the fact the good is being returned to the United Kingdom, or Great Britain, having previously been exported;</p></content></level></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-temporary-admission-procedure" eId="term-temporary-admission-procedure">temporary admission procedure</term>” has the meaning given by paragraph 15 of Schedule 2 to TCTA 2018;</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-uk-reliefs-document" eId="term-uk-reliefs-document">UK Reliefs document</term>” has the meaning given by regulations under section 19 of TCTA 2018.</p></content></hcontainer></subsection></section><section eId="section-148"><num>148</num><heading>Embodied emissions</heading><subsection eId="section-148-1"><num>(1)</num><content><p>In this Part, “<term refersTo="#term-emissions-embodied-in-a-cbam-good" eId="term-emissions-embodied-in-a-cbam-good">emissions embodied in a CBAM good</term>” means emissions that are attributable to the production of a CBAM good.</p></content></subsection><subsection eId="section-148-2"><num>(2)</num><content><p>The Treasury may by regulations make provision about what it means for emissions to be attributable to the production of a CBAM good.</p></content></subsection><subsection eId="section-148-3"><num>(3)</num><intro><p>Regulations under <ref href="#section-148-2">subsection (2)</ref> may (among other things) make provision about emissions that are emitted in the course of an activity carried out in connection with the production of—</p></intro><level class="para1" eId="section-148-3-a"><num>(a)</num><content><p>a CBAM good, or</p></content></level><level class="para1" eId="section-148-3-b"><num>(b)</num><content><p>materials used (including goods processed) to produce a CBAM good.</p></content></level></subsection><subsection eId="section-148-4"><num>(4)</num><content><p>See <ref href="#schedule-17-paragraph-10">paragraphs 10</ref> and <ref href="#schedule-17-paragraph-11">11</ref> of <ref href="#schedule-17">Schedule 17</ref> for provision about how to determine and evidence emissions embodied in a CBAM good.</p></content></subsection></section><section eId="section-149"><num>149</num><heading>Rate</heading><subsection eId="section-149-1"><num>(1)</num><content><p>CBAM is charged at an amount equal to the sectoral domestic price applicable in respect of the CBAM good multiplied by the number of tonnes of carbon dioxide equivalent emissions embodied in the CBAM good.</p></content></subsection><subsection eId="section-149-2"><num>(2)</num><intro><p>The “sectoral domestic price” applicable in respect of a CBAM good is the price calculated and published by the Treasury for—</p></intro><level class="para1" eId="section-149-2-a"><num>(a)</num><content><p>the CBAM sector in which the good falls, and</p></content></level><level class="para1" eId="section-149-2-b"><num>(b)</num><content><p>the quarter in which the liability to CBAM is incurred in respect of the good.</p></content></level></subsection><subsection eId="section-149-3"><num>(3)</num><content><p>The Treasury must calculate and publish the sectoral domestic price for each CBAM sector for each quarter (“quarter Q”) as follows—</p><blockList class="unordered none" ukl:Name="UnorderedList" ukl:Decoration="none"><item><p><i>Step 1</i></p><p>Calculate the average price per tonne of specified emissions under the UK Emissions Trading Scheme in the quarter preceding quarter Q—</p><blockList class="ordered alpha parens" ukl:Name="OrderedList" ukl:Type="alpha" ukl:Decoration="parens"><item><num>(a)</num><p>by reference to auction clearing prices for UK ETS allowances at auctions during the quarter preceding quarter Q, or</p></item><item><num>(b)</num><p>if no allowances were sold at auction during that quarter, as provided in regulations under <ref href="#section-149-6">subsection (6)</ref>.</p></item></blockList></item><item><p><i>Step 2</i></p><p>Reduce that price by a percentage equal to the baseline free allocation percentage for the CBAM sector, as adjusted by a factor specified by regulations under <ref href="#section-149-6">subsection (6)</ref>—</p><blockList class="ordered alpha parens" ukl:Name="OrderedList" ukl:Type="alpha" ukl:Decoration="parens"><item><num>(a)</num><p>for the CBAM sector for the year in which quarter Q falls, and</p></item><item><num>(b)</num><p>in light of reduction factors applicable in determining, under the UK Emissions Trading Scheme, the allocation in that year of free UK ETS allowances in respect of sub-installations that have a process that serves production of goods falling within the CBAM sector.</p></item></blockList></item></blockList></content></subsection><subsection eId="section-149-4"><num>(4)</num><intro><p>In this section—</p></intro><hcontainer name="definition"><content><p>“<term refersTo="#term-auction" eId="term-auction">auction</term>” means an auction under the Greenhouse Gas Emissions Trading Scheme Auctioning Regulations 2021 (<ref eId="c00183" href="http://www.legislation.gov.uk/id/uksi/2021/484">S.I. 2021/484</ref>);</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-auction-clearing-price" eId="term-auction-clearing-price">auction clearing price</term>”, in relation to a UK ETS allowance, has the same meaning as in those Regulations (see regulation 7);</p></content></hcontainer><hcontainer name="definition"><intro><p>“<term refersTo="#term-baseline-free-allocation-percentage" eId="term-baseline-free-allocation-percentage">baseline free allocation percentage</term>” means, in relation to a CBAM sector, the average percentage of sectoral emissions that were covered—</p></intro><level class="para1"><num>(a)</num><content><p>in the 2019 scheme year, by free EU ETS allowances, and</p></content></level><level class="para1"><num>(b)</num><content><p>in the 2022 and 2023 scheme years, by free UK ETS allowances,</p></content></level><wrapUp><p>allocated in the scheme years mentioned here in respect of sub-installations that have a process that serves the production of goods falling within the CBAM sector;</p></wrapUp></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-cbam-sector" eId="term-cbam-sector">CBAM sector</term>” means the commodity codes set out under a single heading in the Table in <ref href="#schedule-16">Schedule 16</ref> other than the commodity codes that the Table indicates are excepted;</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-the-ets-regulations" eId="term-the-ets-regulations">the ETS Regulations</term>” means the Greenhouse Gas Emissions Trading Scheme Regulations 2012 (<ref eId="c00184" href="http://www.legislation.gov.uk/id/uksi/2012/3038">S.I. 2012/3038</ref>);</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-free-eu-ets-allowance" eId="term-free-eu-ets-allowance">free EU ETS allowance</term>” means an allowance allocated free of charge in accordance with <ref eId="c00185" href="http://www.legislation.gov.uk/european/directive/2003/0087">Directive 2003/87/EC</ref> of the European Parliament and of the Council establishing a scheme for greenhouse gas emissions allowance trading within the Community and amending Council <ref eId="c00186" href="http://www.legislation.gov.uk/european/directive/1996/0061">Directive 96/61/EC</ref>;</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-free-uk-ets-allowance" eId="term-free-uk-ets-allowance">free UK ETS allowance</term>” means an allowance allocated free of charge under Part 4A of the UK ETS Order;</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-quarter" eId="term-quarter">quarter</term>” means a period of 3 months ending at the end of March, June, September or December;</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-regulated-activity" eId="term-regulated-activity">regulated activity</term>” and “specified emissions” have the meaning given by paragraph 3 of Schedule 2 to the UK ETS Order (or, in relation the 2019 scheme year, given by regulation 3 of the ETS Regulations as it had effect during that year);</p></content></hcontainer><hcontainer name="definition"><intro><p>“<term refersTo="#term-scheme-year" eId="term-scheme-year">scheme year</term>” has the meaning—</p></intro><level class="para1"><num>(a)</num><content><p>in relation to the 2019 scheme year, given by regulation 3 of the ETS Regulations;</p></content></level><level class="para1"><num>(b)</num><content><p>in relation to the 2022 and 2023 scheme years, given by article 4 of the UK ETS order;</p></content></level></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-sectoral-emissions" eId="term-sectoral-emissions">sectoral emissions</term>” means, in relation to a CBAM sector, the specified emissions that were emitted in the course of regulated activities carried out at sub-installations in the United Kingdom that have a process that serves the production of goods falling within the CBAM sector;</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-sub-installation" eId="term-sub-installation">sub-installation</term>” means each kind of sub-installation defined by Article 2 of Commission Delegated <ref eId="c00187" href="http://www.legislation.gov.uk/european/regulation/2019/0331">Regulation (EU) 2019/331</ref> determining transitional Union-wide rules for harmonised free allocation of emission allowances pursuant to Article 10a of <ref eId="c00188" href="http://www.legislation.gov.uk/european/directive/2003/0087">Directive 2003/87/EC</ref> of the European Parliament and of the Council (or, in relation to the 2019 scheme year, has the meaning given by regulation 3 of the ETS Regulations as it had effect during that year);</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-uk-ets-allowance" eId="term-uk-ets-allowance">UK ETS allowance</term>” means an allowance created under the UK ETS Order (see article 18);</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-uk-ets-order" eId="term-uk-ets-order">UK ETS Order</term>” means the Greenhouse Gas Emissions Trading Scheme Order 2020 (<ref eId="c00189" href="http://www.legislation.gov.uk/id/uksi/2020/1265">S.I. 2020/1265</ref>).</p></content></hcontainer></subsection><subsection eId="section-149-5"><num>(5)</num><content><p>In determining the “<term refersTo="#term-baseline-free-allocation-percentage" eId="term-baseline-free-allocation-percentage">baseline free allocation percentage</term>” in relation to a CBAM sector, ignore any scheme year in which there were no sectoral emissions.</p></content></subsection><subsection eId="section-149-6"><num>(6)</num><content><p>The Treasury may by regulations make further provision about the calculation of the sectoral domestic price.</p></content></subsection><subsection eId="section-149-7"><num>(7)</num><intro><p>In this section—</p></intro><level class="para1" eId="section-149-7-a"><num>(a)</num><content><p>references to a good falling within a CBAM sector are references to the good falling within one of the commodity codes comprising the sector;</p></content></level><level class="para1" eId="section-149-7-b"><num>(b)</num><content><p>references to emissions are references to tonnes of carbon dioxide equivalent emissions;</p></content></level><level class="para1" eId="section-149-7-c"><num>(c)</num><content><p>references to regulated activities carried out to produce goods include regulated activities consisting in the production of heating and cooling consumed during the regulated activities.</p></content></level></subsection></section><section eId="section-150"><num>150</num><heading>Carbon price relief</heading><subsection eId="section-150-1"><num>(1)</num><intro><p>The amount of CBAM charged on emissions may be reduced under this section if another monetary amount is payable in relation to the emissions, whether the amount is—</p></intro><level class="para1" eId="section-150-1-a"><num>(a)</num><content><p>in the form of taxation,</p></content></level><level class="para1" eId="section-150-1-b"><num>(b)</num><content><p>in exchange for allowances (however expressed) under an emissions trading scheme, or</p></content></level><level class="para1" eId="section-150-1-c"><num>(c)</num><content><p>required to be paid under the law of a country or territory in connection with the importation of goods into the country or territory.</p></content></level></subsection><subsection eId="section-150-2"><num>(2)</num><intro><p>The Treasury may by regulations make provision about relief under this section, including provision—</p></intro><level class="para1" eId="section-150-2-a"><num>(a)</num><content><p>describing which monetary amounts may generate relief,</p></content></level><level class="para1" eId="section-150-2-b"><num>(b)</num><content><p>about when a monetary amount is to be treated as being payable in relation to emissions, and how the emissions are to be identified, and</p></content></level><level class="para1" eId="section-150-2-c"><num>(c)</num><content><p>about determining the amount of relief.</p></content></level></subsection><subsection eId="section-150-3"><num>(3)</num><content><p>In <ref href="#part-5">this Part</ref>, “<term refersTo="#term-carbon-price" eId="term-carbon-price">carbon price</term>” means a monetary amount of a kind described in regulations under <ref href="#section-150-2">subsection (2)</ref><ref href="#section-150-2-a">(a)</ref>.</p></content></subsection><subsection eId="section-150-4"><num>(4)</num><intro><p>Regulations under <ref href="#section-150-2">subsection (2)</ref> may (among other things) make provision—</p></intro><level class="para1" eId="section-150-4-a"><num>(a)</num><content><p>for the amount of relief to be determined by reference to averages, estimates, assumptions or by reference to information provided by a third party;</p></content></level><level class="para1" eId="section-150-4-b"><num>(b)</num><content><p>to take account of other reliefs, allowances, offsets or similar relating to a carbon price;</p></content></level><level class="para1" eId="section-150-4-c"><num>(c)</num><content><p>about cases where two or more carbon prices are payable in relation to the same emissions;</p></content></level><level class="para1" eId="section-150-4-d"><num>(d)</num><content><p>for the amount of relief to differ depending on where the carbon price is payable;</p></content></level><level class="para1" eId="section-150-4-e"><num>(e)</num><content><p>specifying periods by reference to which calculations or measurements are to be made.</p></content></level></subsection><subsection eId="section-150-5"><num>(5)</num><intro><p>In this section, references to an amount being payable in relation to emissions includes a reference to—</p></intro><level class="para1" eId="section-150-5-a"><num>(a)</num><content><p>an amount that indirectly relates to emissions, and</p></content></level><level class="para1" eId="section-150-5-b"><num>(b)</num><content><p>an amount having been payable, or that is going to become payable, in relation to emissions.</p></content></level></subsection></section></hcontainer><hcontainer name="crossheading" ukl:Name="Pblock" eId="part-5-crossheading-administration-and-enforcement"><heading>Administration and enforcement</heading><section eId="section-151"><num>151</num><heading>Administration and enforcement</heading><content><p><ref href="#schedule-17">Schedule 17</ref> makes provision for the administration and enforcement of CBAM.</p></content></section><section eId="section-152"><num>152</num><heading>Criminal offences</heading><content><p><ref href="#schedule-18">Schedule 18</ref> makes provision for criminal offences relating to CBAM and about proceedings for those offences.</p></content></section></hcontainer><hcontainer name="crossheading" ukl:Name="Pblock" eId="part-5-crossheading-general"><heading>General</heading><section eId="section-153"><num>153</num><heading>Supplementary amendments</heading><content><p><ref href="#schedule-19">Schedule 19</ref> contains supplementary amendments of other legislation.</p></content></section><section eId="section-154"><num>154</num><heading>Emissions: meaning etc</heading><subsection eId="section-154-1"><num>(1)</num><content><p>In this Part, “<term refersTo="#term-emissions" eId="term-emissions">emissions</term>” means emissions of greenhouse gases (within the meaning of section 92 of the Climate Change Act 2008) into the atmosphere that are attributable to human activity.</p></content></subsection><subsection eId="section-154-2"><num>(2)</num><content><p>For the purposes of this Part, “emissions” are determined or expressed in tonnes of carbon dioxide equivalent.</p></content></subsection><subsection eId="section-154-3"><num>(3)</num><content><p>In this Part, a “<term refersTo="#term-tonne-of-carbon-dioxide-equivalent" eId="term-tonne-of-carbon-dioxide-equivalent">tonne of carbon dioxide equivalent</term>” means one metric tonne of carbon dioxide or an amount of any other greenhouse gas with an equivalent global warming potential.</p></content></subsection><subsection eId="section-154-4"><num>(4)</num><content><p>The Commissioners may by regulations make provision setting, or about the determination of, such amounts.</p></content></subsection></section><section eId="section-155"><num>155</num><heading>Interpretation</heading><subsection eId="section-155-1"><num>(1)</num><intro><p>In this Part—</p></intro><hcontainer name="definition"><content><p>“<term refersTo="#term-business" eId="term-business">business</term>” includes any activity of a government department or other public authority, or of a charity, that is carried out for commercial purposes;</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-cbam-good" eId="term-cbam-good">CBAM good</term>”: see <ref href="#section-143">section 143</ref>;</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-the-commissioners" eId="term-the-commissioners">the Commissioners</term>” means the Commissioners for His Majesty’s Revenue and Customs;</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-the-customs-and-excise-acts" eId="term-the-customs-and-excise-acts">the customs and excise Acts</term>” has the meaning given by section 1 of CEMA 1979;</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-emissions" eId="term-emissions">emissions</term>”: see <ref href="#section-154">section 154</ref>;</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-hmrc" eId="term-hmrc">HMRC</term>” means His Majesty’s Revenue and Customs;</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-import" eId="term-import">import</term>”: see <ref href="#section-144">section 144</ref>;</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-import-duty" eId="term-import-duty">import duty</term>” has the meaning given by section 1 of TCTA 2018;</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-importer" eId="term-importer">importer</term>”: see <ref href="#section-146">section 146</ref>;</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-registered-person" eId="term-registered-person">registered person</term>” and “registrable person”: see <ref href="#schedule-17-paragraph-2">paragraph 2</ref><ref href="#schedule-17-paragraph-2-10">(10)</ref> of <ref href="#schedule-17">Schedule 17</ref>;</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-tonne-of-carbon-dioxide-equivalent" eId="term-tonne-of-carbon-dioxide-equivalent">tonne of carbon dioxide equivalent</term>” see <ref href="#section-154">section 154</ref>;</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-ucc-2013" eId="term-ucc-2013">UCC 2013</term>” means <ref eId="c00190" href="http://www.legislation.gov.uk/european/regulation/2013/0952">Regulation (EU) No 952/2013</ref> of the European Parliament and of the Council of 9 October 2013 laying down the Union Customs Code, as it has effect by virtue of section 7A of the European Union (Withdrawal) Act 2018;</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-uk-emissions-trading-scheme" eId="term-uk-emissions-trading-scheme">UK Emissions Trading Scheme</term>” has the meaning given in Article 16 of the Greenhouse Gas Emissions Trading Order 2020 (<ref eId="c00191" href="http://www.legislation.gov.uk/id/uksi/2020/1265">S.I. 2020/1265</ref>);</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-union-good" eId="term-union-good">Union good</term>” has the meaning given by Article 5(23) of UCC 2013;</p></content></hcontainer><hcontainer name="definition"><intro><p>“<term refersTo="#term-working-day" eId="term-working-day">working day</term>” means any day other than—</p></intro><level class="para1"><num>(a)</num><content><p>a Saturday or Sunday, or</p></content></level><level class="para1"><num>(b)</num><content><p>a day that is a bank holiday in any part of the United Kingdom under the Banking and Financial Dealings Act 1971.</p></content></level></hcontainer></subsection><subsection eId="section-155-2"><num>(2)</num><intro><p>In this Part—</p></intro><level class="para1" eId="section-155-2-a"><num>(a)</num><content><p>a person imports a CBAM good only if the person is “the importer” of the good (within the meaning of <ref href="#section-146">section 146</ref>);</p></content></level><level class="para1" eId="section-155-2-b"><num>(b)</num><content><p>references to the production of goods include the manufacture of goods;</p></content></level><level class="para1" eId="section-155-2-c"><num>(c)</num><content><p>references to the processing of goods have the same meaning as in TCTA 2018 (see section 37(4) of that Act).</p></content></level></subsection><subsection eId="section-155-3"><num>(3)</num><content><p>The Treasury may by regulations make such amendments to this Part as they consider appropriate in consequence of UCC 2013, or any legislation replacing it, being amended or replaced.</p></content></subsection></section><section eId="section-156"><num>156</num><heading>Power to make provision for linked emissions trading schemes</heading><subsection eId="section-156-1"><num>(1)</num><intro><p>The Treasury may by regulations amend this Part for the purpose of—</p></intro><level class="para1" eId="section-156-1-a"><num>(a)</num><content><p>excluding emissions embodied in goods that originate from a country or territory with a linked emissions trading scheme from the charge to CBAM;</p></content></level><level class="para1" eId="section-156-1-b"><num>(b)</num><content><p>providing that such goods are to be disregarded when calculating the aggregate value of imports for the purposes of Part 2 of Schedule 2 (registration).</p></content></level></subsection><subsection eId="section-156-2"><num>(2)</num><intro><p>In this section, “<term refersTo="#term-a-country-or-territory-with-a-linked-emissions-trading-scheme" eId="term-a-country-or-territory-with-a-linked-emissions-trading-scheme">a country or territory with a linked emissions trading scheme</term>” means—</p></intro><level class="para1" eId="section-156-2-a"><num>(a)</num><content><p>a country or territory that has entered into arrangements with the United Kingdom for the purpose of linking its emissions trading scheme with the UK Emissions Trading Scheme, or</p></content></level><level class="para1" eId="section-156-2-b"><num>(b)</num><content><p>a country or territory that has entered into arrangements with a country or territory of a kind referred to in paragraph (a) for the purpose of linking its emissions trading scheme with that country or territory’s emissions trading scheme.</p></content></level></subsection></section><section eId="section-157"><num>157</num><heading>Regulations and notices</heading><subsection eId="section-157-1"><num>(1)</num><intro><p>Regulations under this Part—</p></intro><level class="para1" eId="section-157-1-a"><num>(a)</num><content><p>may make different provision for different purposes;</p></content></level><level class="para1" eId="section-157-1-b"><num>(b)</num><content><p>may include incidental, consequential, supplementary or transitional provision.</p></content></level></subsection><subsection eId="section-157-2"><num>(2)</num><intro><p>Regulations under this Part may make provision by reference to things specified in a notice that is—</p></intro><level class="para1" eId="section-157-2-a"><num>(a)</num><content><p>published by the Treasury or the Commissioners in accordance with the regulations, and</p></content></level><level class="para1" eId="section-157-2-b"><num>(b)</num><content><p>not withdrawn by a further notice.</p></content></level></subsection><subsection eId="section-157-3"><num>(3)</num><content><p>Regulations under this Part are to be made by statutory instrument.</p></content></subsection><subsection eId="section-157-4"><num>(4)</num><content><p>A statutory instrument containing regulations under section <ref href="#section-156">156</ref><ref href="#section-156-1">(1)</ref> (linked emission trading schemes) is subject to the affirmative procedure.</p></content></subsection><subsection eId="section-157-5"><num>(5)</num><intro><p>A statutory instrument containing regulations under any of the following provisions is subject to the made affirmative procedure—</p></intro><level class="para1" eId="section-157-5-a"><num>(a)</num><content><p><ref href="#section-149">section 149</ref><ref href="#section-149-6">(6)</ref> (rate of CBAM);</p></content></level><level class="para1" eId="section-157-5-b"><num>(b)</num><content><p>section <ref href="#section-150">150</ref><ref href="#section-150-2">(2)</ref> (carbon price relief);</p></content></level><level class="para1" eId="section-157-5-c"><num>(c)</num><content><p>paragraph <ref href="#schedule-17-paragraph-47">47</ref> of <ref href="#schedule-17">Schedule 17</ref> (amount of penalties).</p></content></level></subsection><subsection eId="section-157-6"><num>(6)</num><content><p>A statutory instrument containing regulations under <ref href="#schedule-16-paragraph-2">paragraph 2</ref><ref href="#schedule-16-paragraph-2-3">(3)</ref> of <ref href="#schedule-16">Schedule 16</ref> and under section 8 of TCTA 2018 is subject to the procedure under section 32 of TCTA 2018 that applies by virtue of the instrument containing regulations section 8 of TCTA 2018.</p></content></subsection><subsection eId="section-157-7"><num>(7)</num><content><p>A statutory instrument containing regulations under this Part, other than regulations in respect of which subsection <ref href="#section-157-4">(4)</ref>, <ref href="#section-157-5">(5)</ref> or <ref href="#section-157-6">(6)</ref> applies, is subject to the negative procedure.</p></content></subsection><subsection eId="section-157-8"><num>(8)</num><content><p>Subsection <ref href="#section-157-7">(7)</ref> does not apply to a statutory instrument containing only regulations under section <ref href="#section-158">158</ref> (transitory provision).</p></content></subsection><subsection eId="section-157-9"><num>(9)</num><content><p>Where a statutory instrument is subject to the affirmative procedure, it may not be made unless a draft of the instrument has been laid before and approved by a resolution of the House of Commons.</p></content></subsection><subsection eId="section-157-10"><num>(10)</num><intro><p>Where a statutory instrument is subject to the made affirmative procedure—</p></intro><level class="para1" eId="section-157-10-a"><num>(a)</num><content><p>it must be laid before the House of Commons after being made, and</p></content></level><level class="para1" eId="section-157-10-b"><num>(b)</num><content><p>it ceases to have effect at the end of the period of 28 days beginning with the day on which the instrument is made, unless within that period the instrument is approved by a resolution of the House of Commons.</p></content></level></subsection><subsection eId="section-157-11"><num>(11)</num><content><p>Where a statutory instrument is subject to the negative procedure, it is subject to annulment in pursuance of a resolution of the House of Commons.</p></content></subsection><subsection eId="section-157-12"><num>(12)</num><intro><p>Where a statutory instrument ceases to have effect as a result of <ref href="#section-157-10">subsection (10)</ref>, that does not—</p></intro><level class="para1" eId="section-157-12-a"><num>(a)</num><content><p>affect the validity of anything previously done under the instrument, or</p></content></level><level class="para1" eId="section-157-12-b"><num>(b)</num><content><p>prevent the making of a new statutory instrument.</p></content></level></subsection><subsection eId="section-157-13"><num>(13)</num><intro><p>In calculating the period of 28 days for the purposes of <ref href="#section-157-10">subsection (10)</ref>, no account is to be taken of any whole days that fall within a period during which—</p></intro><level class="para1" eId="section-157-13-a"><num>(a)</num><content><p>Parliament is dissolved or prorogued, or</p></content></level><level class="para1" eId="section-157-13-b"><num>(b)</num><content><p>the House of Commons is adjourned for more than 4 days.</p></content></level></subsection><subsection eId="section-157-14"><num>(14)</num><content><p>Any provision that may be included in regulations in a statutory instrument under this Part subject to the negative procedure may be included in regulations in a statutory instrument subject to the affirmative procedure or the made affirmative procedure.</p></content></subsection><subsection eId="section-157-15"><num>(15)</num><content><p>Any provision that may be included in regulations in a statutory instrument under this Part subject to the made affirmative procedure may be included in regulations in a statutory instrument subject to the affirmative procedure.</p></content></subsection><subsection eId="section-157-16"><num>(16)</num><intro><p>A notice published by the Treasury or the Commissioners under this Part—</p></intro><level class="para1" eId="section-157-16-a"><num>(a)</num><content><p>may be amended or withdrawn by a further notice;</p></content></level><level class="para1" eId="section-157-16-b"><num>(b)</num><content><p>may include provision mentioned in <ref href="#section-157-1">subsection (1)</ref><ref href="#section-157-1-a">(a)</ref> and <ref href="#section-157-1-b">(b)</ref>.</p></content></level></subsection></section><section eId="section-158"><num>158</num><heading>Commencement and transitory provision</heading><subsection eId="section-158-1"><num>(1)</num><content><p>This Part has effect in relation to goods imported into the United Kingdom on or after 1 January 2027.</p></content></subsection><subsection eId="section-158-2"><num>(2)</num><intro><p>The Treasury may by regulations modify the effect of—</p></intro><level class="para1" eId="section-158-2-a"><num>(a)</num><content><p><ref href="#schedule-17-paragraph-2">paragraph 2</ref><ref href="#schedule-17-paragraph-2-4">(4)</ref> of <ref href="#schedule-17">Schedule 17</ref> as regards any person who triggers registration in 2027 or 2028;</p></content></level><level class="para1" eId="section-158-2-b"><num>(b)</num><content><p><ref href="#schedule-17-paragraph-6">paragraph 6</ref><ref href="#schedule-17-paragraph-6-2">(2)</ref> or <ref href="#schedule-17-paragraph-6-3">(3)</ref> or <ref href="#schedule-17-paragraph-7">7</ref><ref href="#schedule-17-paragraph-7-2">(2)</ref> for the purposes of any accounting period in respect of CBAM falling in 2027 or 2028.</p></content></level></subsection><subsection eId="section-158-3"><num>(3)</num><content><p>Provision included in regulations under <ref href="#section-158">this section</ref> by virtue of <ref href="#section-157">section 157</ref><ref href="#section-157-1">(1)</ref><ref href="#section-157-1-b">(b)</ref> may modify the effect of any enactment.</p></content></subsection></section></hcontainer></part>
<hcontainer xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" name="crossheading" ukl:Name="Pblock" eId="part-5-crossheading-introduction"><heading>Introduction</heading><section eId="section-142"><num>142</num><heading>Introduction to CBAM</heading><subsection eId="section-142-1"><num>(1)</num><content><p>A tax called the carbon border adjustment mechanism (“<term refersTo="#term-cbam" eId="term-cbam">CBAM</term>”) is to be charged in accordance with <ref href="#part-5">this Part</ref>.</p></content></subsection><subsection eId="section-142-2"><num>(2)</num><intro><p>In <ref href="#part-5">this Part</ref>—</p></intro><level class="para1" eId="section-142-2-a"><num>(a)</num><content><p><span><ref href="#section-143">sections 143</ref> to <ref href="#section-150">150</ref></span> and <ref href="#schedule-16">Schedule 16</ref> set out the charge to CBAM (and include exemptions and relief);</p></content></level><level class="para1" eId="section-142-2-b"><num>(b)</num><content><p><ref href="#section-151">section 151</ref> and <ref href="#schedule-17">Schedule 17</ref> provide for the administration and enforcement of CBAM;</p></content></level><level class="para1" eId="section-142-2-c"><num>(c)</num><content><p><ref href="#section-152">section 152</ref> and <ref href="#schedule-18">Schedule 18</ref> provide for criminal offences relating to CBAM;</p></content></level><level class="para1" eId="section-142-2-d"><num>(d)</num><content><p><span><ref href="#section-153">sections 153</ref> to <ref href="#section-158">158</ref></span> and <ref href="#schedule-19">Schedule 19</ref> make general provision.</p></content></level></subsection></section></hcontainer>
<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-142"><num>142</num><heading>Introduction to CBAM</heading><subsection eId="section-142-1"><num>(1)</num><content><p>A tax called the carbon border adjustment mechanism (“<term refersTo="#term-cbam" eId="term-cbam">CBAM</term>”) is to be charged in accordance with <ref href="#part-5">this Part</ref>.</p></content></subsection><subsection eId="section-142-2"><num>(2)</num><intro><p>In <ref href="#part-5">this Part</ref>—</p></intro><level class="para1" eId="section-142-2-a"><num>(a)</num><content><p><span><ref href="#section-143">sections 143</ref> to <ref href="#section-150">150</ref></span> and <ref href="#schedule-16">Schedule 16</ref> set out the charge to CBAM (and include exemptions and relief);</p></content></level><level class="para1" eId="section-142-2-b"><num>(b)</num><content><p><ref href="#section-151">section 151</ref> and <ref href="#schedule-17">Schedule 17</ref> provide for the administration and enforcement of CBAM;</p></content></level><level class="para1" eId="section-142-2-c"><num>(c)</num><content><p><ref href="#section-152">section 152</ref> and <ref href="#schedule-18">Schedule 18</ref> provide for criminal offences relating to CBAM;</p></content></level><level class="para1" eId="section-142-2-d"><num>(d)</num><content><p><span><ref href="#section-153">sections 153</ref> to <ref href="#section-158">158</ref></span> and <ref href="#schedule-19">Schedule 19</ref> make general provision.</p></content></level></subsection></section>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-142-1"><num>(1)</num><content><p>A tax called the carbon border adjustment mechanism (“<term refersTo="#term-cbam" eId="term-cbam">CBAM</term>”) is to be charged in accordance with <ref href="#part-5">this Part</ref>.</p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-142-2"><num>(2)</num><intro><p>In <ref href="#part-5">this Part</ref>—</p></intro><level class="para1" eId="section-142-2-a"><num>(a)</num><content><p><span><ref href="#section-143">sections 143</ref> to <ref href="#section-150">150</ref></span> and <ref href="#schedule-16">Schedule 16</ref> set out the charge to CBAM (and include exemptions and relief);</p></content></level><level class="para1" eId="section-142-2-b"><num>(b)</num><content><p><ref href="#section-151">section 151</ref> and <ref href="#schedule-17">Schedule 17</ref> provide for the administration and enforcement of CBAM;</p></content></level><level class="para1" eId="section-142-2-c"><num>(c)</num><content><p><ref href="#section-152">section 152</ref> and <ref href="#schedule-18">Schedule 18</ref> provide for criminal offences relating to CBAM;</p></content></level><level class="para1" eId="section-142-2-d"><num>(d)</num><content><p><span><ref href="#section-153">sections 153</ref> to <ref href="#section-158">158</ref></span> and <ref href="#schedule-19">Schedule 19</ref> make general provision.</p></content></level></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-142-2-a"><num>(a)</num><content><p><span><ref href="#section-143">sections 143</ref> to <ref href="#section-150">150</ref></span> and <ref href="#schedule-16">Schedule 16</ref> set out the charge to CBAM (and include exemptions and relief);</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-142-2-b"><num>(b)</num><content><p><ref href="#section-151">section 151</ref> and <ref href="#schedule-17">Schedule 17</ref> provide for the administration and enforcement of CBAM;</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-142-2-c"><num>(c)</num><content><p><ref href="#section-152">section 152</ref> and <ref href="#schedule-18">Schedule 18</ref> provide for criminal offences relating to CBAM;</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-142-2-d"><num>(d)</num><content><p><span><ref href="#section-153">sections 153</ref> to <ref href="#section-158">158</ref></span> and <ref href="#schedule-19">Schedule 19</ref> make general provision.</p></content></level>
<hcontainer xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" name="crossheading" ukl:Name="Pblock" eId="part-5-crossheading-the-charge"><heading>The charge</heading><section eId="section-143"><num>143</num><heading>Charge to CBAM</heading><subsection eId="section-143-1"><num>(1)</num><content><p>CBAM is charged on the emissions embodied in a CBAM good when the good is imported into the United Kingdom.</p></content></subsection><subsection eId="section-143-2"><num>(2)</num><content><p>In <ref href="#part-5">this Part</ref>, “<term refersTo="#term-cbam-good" eId="term-cbam-good">CBAM good</term>” means a good specified by <ref href="#schedule-16">Schedule 16</ref> (but see <ref href="#section-145">section 145</ref><ref href="#section-145-3">(3)</ref>).</p></content></subsection><subsection eId="section-143-3"><num>(3)</num><intro><p><ref href="#schedule-16">Schedule 16</ref> specifies the following kinds of goods—</p></intro><level class="para1" eId="section-143-3-a"><num>(a)</num><content><p>aluminium goods;</p></content></level><level class="para1" eId="section-143-3-b"><num>(b)</num><content><p>cement;</p></content></level><level class="para1" eId="section-143-3-c"><num>(c)</num><content><p>fertilisers;</p></content></level><level class="para1" eId="section-143-3-d"><num>(d)</num><content><p>hydrogen;</p></content></level><level class="para1" eId="section-143-3-e"><num>(e)</num><content><p>iron and steel goods.</p></content></level></subsection></section><section eId="section-144"><num>144</num><heading>Importation</heading><subsection eId="section-144-1"><num>(1)</num><intro><p>For the purposes of this Part, a reference to a good being imported into the United Kingdom is a reference to—</p></intro><level class="para1" eId="section-144-1-a"><num>(a)</num><content><p>the first time a good is imported as described in <ref href="#section-144">this section</ref>, and</p></content></level><level class="para1" eId="section-144-1-b"><num>(b)</num><content><p>if a good is imported as described in <ref href="#section-144">this section</ref> and subsequently exported from the United Kingdom, the next time the good is imported as described in <ref href="#section-144">this section</ref>.</p></content></level></subsection><subsection eId="section-144-2"><num>(2)</num><content><p>If a CBAM good is chargeable to import duty under <ref eId="c00168" href="https://www.legislation.gov.uk/ukpga/2018/22/section/1">section 1</ref> of <ref eId="c00169" href="https://www.legislation.gov.uk/ukpga/2018/22/contents">TCTA 2018</ref>, it is imported when liability to import duty is incurred in respect of the good.</p></content></subsection><subsection eId="section-144-3"><num>(3)</num><content><p>If a CBAM good is chargeable to duty under <ref eId="c00170" href="https://www.legislation.gov.uk/ukpga/2018/22/section/30C">section 30C</ref> of <ref eId="c00171" href="https://www.legislation.gov.uk/ukpga/2018/22/contents">TCTA 2018</ref>, it is imported when liability to that duty is incurred in respect of the good.</p></content></subsection><subsection eId="section-144-4"><num>(4)</num><content><p>If a CBAM good is chargeable to duty under <ref eId="c00172" href="https://www.legislation.gov.uk/ukpga/2018/22/section/30A">section 30A</ref><ref eId="c00173" href="https://www.legislation.gov.uk/ukpga/2018/22/section/30A">(3)</ref> or <ref eId="c00174" href="https://www.legislation.gov.uk/ukpga/2018/22/section/40A">40A</ref><ref eId="c00175" href="https://www.legislation.gov.uk/ukpga/2018/22/section/40A">(1)</ref><ref eId="c00176" href="https://www.legislation.gov.uk/ukpga/2018/22/section/40A">(a)</ref> of <ref eId="c00177" href="https://www.legislation.gov.uk/ukpga/2018/22/contents">TCTA 2018</ref> (or would be so chargeable but for regulations within section 30B(1)(a) or 40B(1)(a) of that Act), it is imported when liability to that duty is incurred in respect of the good (or would be incurred but for the regulations).</p></content></subsection><subsection eId="section-144-5"><num>(5)</num><intro><p>If a CBAM good is—</p></intro><level class="para1" eId="section-144-5-a"><num>(a)</num><content><p>a Union good that is imported into the United Kingdom as a result of its entry into Northern Ireland and not excluded by regulations made by the Treasury,</p></content></level><level class="para1" eId="section-144-5-b"><num>(b)</num><content><p>a good that is imported into the United Kingdom from the Isle of Man and not excluded by regulations made by the Treasury,</p></content></level><level class="para1" eId="section-144-5-c"><num>(c)</num><content><p>a domestic good by virtue of regulations made under section 33(8) of TCTA 2018 relating to goods declared for an outward processing procedure, or</p></content></level><level class="para1" eId="section-144-5-d"><num>(d)</num><content><p>a domestic good by virtue of subsection (6) of <ref eId="c00178" href="https://www.legislation.gov.uk/ukpga/2018/22/section/36">section 36</ref> of <ref eId="c00179" href="https://www.legislation.gov.uk/ukpga/2018/22/contents">TCTA 2018</ref> or regulations made under that section,</p></content></level><wrapUp><p>it is imported at the time of importation for the purposes of the customs and excise Acts.</p></wrapUp></subsection><subsection eId="section-144-6"><num>(6)</num><content><p>If a CBAM good would be chargeable to duty under section 30C of TCTA 2018 but for regulations within subsection (6)(a) of that section, it is imported at the time of entry of the good in Great Britain in the course of the removal of the good to Great Britain from Northern Ireland.</p></content></subsection><subsection eId="section-144-7"><num>(7)</num><content><p>The reference in <ref href="#section-144-4">subsection (4)</ref> to when liability to duty under section 30A(3) or 40A(1)(a) of TCTA 2018 is incurred in respect of a good is to when, for the purpose of the duty, a customs debt on import is incurred under UCC 2013.</p></content></subsection><subsection eId="section-144-8"><num>(8)</num><content><p><mod>For the purposes of determining, in accordance with <ref href="#section-144-5">subsection (5)</ref>, when a CBAM good is imported into the United Kingdom from the Isle of Man, <ref eId="c00180" href="https://www.legislation.gov.uk/ukpga/1979/58/section/8">section 8</ref> of the <ref eId="c00181" href="https://www.legislation.gov.uk/ukpga/1979/58/contents">Isle of Man Act 1979</ref> (removal of goods from the Isle of Man) has effect as if, in subsection (2) of <ref eId="c00182" href="https://www.legislation.gov.uk/ukpga/1979/58/contents">that Act</ref>, at the end of paragraph (c), there were inserted <quotedText startQuote="“">; or</quotedText><quotedStructure endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="default"><level class="para1"><num>(d)</num><content><p>goods which are CBAM goods.</p></content></level></quotedStructure></mod></p></content></subsection><subsection eId="section-144-9"><num>(9)</num><intro><p>Section 5 of CEMA 1979 applies for the purpose of <ref href="#section-144-6">subsection (6)</ref> to determine the time of entry of a CBAM good in Great Britain in the course of the removal of the good to Great Britain from Northern Ireland as it applies for the purpose of the customs and excise Acts to determine the time of importation of goods—</p></intro><level class="para1" eId="section-144-9-a"><num>(a)</num><content><p>reading references in that section to the time of importation of goods as the time of entry of the CBAM good in Great Britain, and</p></content></level><level class="para1" eId="section-144-9-b"><num>(b)</num><content><p>reading references in subsections (2) and (6) of that section to the United Kingdom as Great Britain.</p></content></level></subsection><subsection eId="section-144-10"><num>(10)</num><content><p>Regulations made by the Treasury may exclude from <ref href="#section-144-4">subsection (4)</ref> or <ref href="#section-144-6">(6)</ref> (as the case may be) goods that would be chargeable to duty under section 30A(3), 30C or 40A(1)(a) of TCTA 2018 but for regulations within section 30B(1)(a), 30C(6)(a) or 40B(1)(a) of that Act.</p></content></subsection></section><section eId="section-145"><num>145</num><heading>Goods processed under a special customs procedure</heading><subsection eId="section-145-1"><num>(1)</num><intro><p>Subsection <ref href="#section-145-2">(2)</ref> applies where—</p></intro><level class="para1" eId="section-145-1-a"><num>(a)</num><content><p>a CBAM good has been declared for a special customs procedure,</p></content></level><level class="para1" eId="section-145-1-b"><num>(b)</num><content><p>the CBAM good is processed under the procedure,</p></content></level><level class="para1" eId="section-145-1-c"><num>(c)</num><content><p>the processing produces a good that is not a CBAM good, and</p></content></level><level class="para1" eId="section-145-1-d"><num>(d)</num><content><p>that good is imported into the United Kingdom.</p></content></level></subsection><subsection eId="section-145-2"><num>(2)</num><content><p>When the good that is not a CBAM good is first imported as described in <ref href="#section-144">section 144</ref>, CBAM is charged on so much of the emissions embodied in that good as were embodied in the CBAM good when it was declared for the special customs procedure.</p></content></subsection><subsection eId="section-145-3"><num>(3)</num><content><p>References in <ref href="#part-5">this Part</ref> to a CBAM good include a reference to a good imported in the circumstances described in <ref href="#section-145-1">subsection (1)</ref>.</p></content></subsection><subsection eId="section-145-4"><num>(4)</num><intro><p>In this section, “<term refersTo="#term-special-customs-procedure" eId="term-special-customs-procedure">special customs procedure</term>” means—</p></intro><level class="para1" eId="section-145-4-a"><num>(a)</num><content><p>a special Customs procedure (within the meaning of section 3(4) of TCTA 2018);</p></content></level><level class="para1" eId="section-145-4-b"><num>(b)</num><content><p>a special procedure provided for by Title 7 of UCC 2013, other than the outward processing procedure.</p></content></level></subsection></section><section eId="section-146"><num>146</num><heading>Person liable: the importer</heading><subsection eId="section-146-1"><num>(1)</num><content><p>The person liable to CBAM on the emissions embodied in a CBAM good is the importer.</p></content></subsection><subsection eId="section-146-2"><num>(2)</num><intro><p>If a CBAM good is imported as described in <ref href="#section-144">section 144</ref><ref href="#section-144-2">(2)</ref>, <ref href="#section-144-3">(3)</ref> or <ref href="#section-144-6">(6)</ref>, the importer is—</p></intro><level class="para1" eId="section-146-2-a"><num>(a)</num><intro><p>if liability to import duty, or duty under section 30C of TCTA 2018, is incurred when a declaration for a Customs procedure is accepted, or when there is a breach of a requirement relating to the procedure—</p></intro><level class="para2" eId="section-146-2-a-i"><num>(i)</num><content><p>the person in whose name the declaration for the procedure was made, or</p></content></level><level class="para2" eId="section-146-2-a-ii"><num>(ii)</num><content><p>if the declaration was made on behalf of another person, the person on whose behalf the declaration was made, or</p></content></level></level><level class="para1" eId="section-146-2-b"><num>(b)</num><content><p>if <ref href="#section-146-2-a">paragraph (a)</ref> does not apply, the person on whose behalf the good is imported.</p></content></level></subsection><subsection eId="section-146-3"><num>(3)</num><intro><p>If a CBAM good is imported as described in <ref href="#section-144">section 144</ref><ref href="#section-144-4">(4)</ref>, the importer is—</p></intro><level class="para1" eId="section-146-3-a"><num>(a)</num><intro><p>if liability to duty under section 30A(3) or 40A(1)(a) of TCTA 2018 is incurred when a Union customs declaration in respect of the good is accepted, or when there is a breach of a requirement relating to the procedure for which it is accepted—</p></intro><level class="para2" eId="section-146-3-a-i"><num>(i)</num><content><p>the declarant, or</p></content></level><level class="para2" eId="section-146-3-a-ii"><num>(ii)</num><content><p>if the declaration was made on behalf of another person, the person on whose behalf the declaration was made, or</p></content></level></level><level class="para1" eId="section-146-3-b"><num>(b)</num><content><p>if <ref href="#section-146-3-a">paragraph (a)</ref> does not apply, the person on whose behalf the good is imported.</p></content></level></subsection><subsection eId="section-146-4"><num>(4)</num><content><p>If a CBAM good is imported as described in <ref href="#section-144">section 144</ref><ref href="#section-144-5">(5)</ref>, the importer is the person on whose behalf the good is imported.</p></content></subsection><subsection eId="section-146-5"><num>(5)</num><intro><p>In this section—</p></intro><hcontainer name="definition"><content><p>“<term refersTo="#term-customs-procedure" eId="term-customs-procedure">Customs procedure</term>” means a procedure set out in section 3(3) of TCTA 2018;</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-declarant" eId="term-declarant">declarant</term>”, in relation to a Union customs declaration, has the meaning given by Article 5(15) of UCC 2013;</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-union-customs-declaration" eId="term-union-customs-declaration">Union customs declaration</term>” means a customs declaration for the purposes of UCC 2013.</p></content></hcontainer></subsection></section><section eId="section-147"><num>147</num><heading>Exemptions</heading><subsection eId="section-147-1"><num>(1)</num><intro><p>CBAM is not charged on the emissions embodied in a CBAM good if the importer—</p></intro><level class="para1" eId="section-147-1-a"><num>(a)</num><content><p>is, at the time the good is imported, neither registrable nor registered (see <ref href="#schedule-17-part-2">Part 2</ref> of <ref href="#schedule-17">Schedule 17</ref>), or</p></content></level><level class="para1" eId="section-147-1-b"><num>(b)</num><content><p>is importing the good otherwise than in the course of a business.</p></content></level></subsection><subsection eId="section-147-2"><num>(2)</num><intro><p>CBAM is not charged on the emissions embodied in a CBAM good if—</p></intro><level class="para1" eId="section-147-2-a"><num>(a)</num><content><p>the place of origin of the good is the United Kingdom, determined in accordance with provision applicable in relation to the customs tariff in its standard form (see section 17(1) to (6) of TCTA 2018);</p></content></level><level class="para1" eId="section-147-2-b"><num>(b)</num><content><p>the good is imported as described in <ref href="#section-144">section 144</ref><ref href="#section-144-2">(2)</ref> or <ref href="#section-144-3">(3)</ref> and returned goods relief is available in respect of the good;</p></content></level><level class="para1" eId="section-147-2-c"><num>(c)</num><content><p>the good is imported as described in <ref href="#section-144">section 144</ref><ref href="#section-144-4">(4)</ref> and relief under Article 203 of UCC 2013 (returned goods) is available in respect of the good;</p></content></level><level class="para1" eId="section-147-2-d"><num>(d)</num><intro><p>the good is within <ref href="#section-144">section 144</ref><ref href="#section-144-5">(5)</ref><ref href="#section-144-5-a">(a)</ref> and was—</p></intro><level class="para2" eId="section-147-2-d-i"><num>(i)</num><content><p>exported from the United Kingdom as a Union good as a result of its removal from Northern Ireland, and</p></content></level><level class="para2" eId="section-147-2-d-ii"><num>(ii)</num><content><p>imported into the United Kingdom as described in <ref href="#section-144">section 144</ref><ref href="#section-144-5">(5)</ref><ref href="#section-144-5-a">(a)</ref> not more than 3 years later, in the state in which it was exported (see Article 203(5) of UCC 2013);</p></content></level></level><level class="para1" eId="section-147-2-e"><num>(e)</num><content><p>the good is imported as described in <ref href="#section-144">section 144</ref><ref href="#section-144-5">(5)</ref><ref href="#section-144-5-b">(b)</ref> and returned goods relief would be available in respect of it if liability to import duty were incurred by reference to its importation into the United Kingdom.</p></content></level></subsection><subsection eId="section-147-3"><num>(3)</num><intro><p>CBAM is not charged on so much of the emissions embodied in a CBAM good (“the chargeable good”) as are attributable to the production of another CBAM good which—</p></intro><level class="para1" eId="section-147-3-a"><num>(a)</num><content><p>originated from the United Kingdom, determined in accordance with provision applicable in relation to the customs tariff in its standard form (see section 17(1) to (6) of TCTA 2018), and</p></content></level><level class="para1" eId="section-147-3-b"><num>(b)</num><content><p>was processed to produce the chargeable good.</p></content></level></subsection><subsection eId="section-147-4"><num>(4)</num><intro><p>If, but for this subsection, a liability to duty would have been incurred for the purposes of <ref href="#section-144">section 144</ref><ref href="#section-144-2">(2)</ref> or <ref href="#section-144-3">(3)</ref> in circumstances where—</p></intro><level class="para1" eId="section-147-4-a"><num>(a)</num><content><p>liability to duty was incurred in accordance with section 4(4)(a) of TCTA 2018,</p></content></level><level class="para1" eId="section-147-4-b"><num>(b)</num><content><p>liability to duty was incurred by virtue of HMRC accepting a declaration of the good for a temporary admission procedure, and</p></content></level><level class="para1" eId="section-147-4-c"><num>(c)</num><content><p>full relief was given from the liability to duty incurred,</p></content></level><wrapUp><p>the liability to duty is treated as not having been incurred on that occasion for the purposes of <ref href="#section-144">section 144</ref><ref href="#section-144-2">(2)</ref> or <ref href="#section-144-3">(3)</ref> (and, accordingly, the good is treated as not having been imported as described in <ref href="#section-144">section 144</ref><ref href="#section-144-2">(2)</ref> or <ref href="#section-144-3">(3)</ref> on that occasion).</p></wrapUp></subsection><subsection eId="section-147-5"><num>(5)</num><intro><p>But <ref href="#section-147-4">subsection (4)</ref> does not apply if—</p></intro><level class="para1" eId="section-147-5-a"><num>(a)</num><content><p>there was no entitlement to make the declaration mentioned in <ref href="#section-147-4">subsection (4)</ref><ref href="#section-147-4-b">(b)</ref>, or</p></content></level><level class="para1" eId="section-147-5-b"><num>(b)</num><content><p>the full relief given, mentioned in <ref href="#section-147-4">subsection (4)</ref><ref href="#section-147-4-c">(c)</ref>, was not available.</p></content></level></subsection><subsection eId="section-147-6"><num>(6)</num><content><p>The Treasury may by regulations specify other circumstances in which CBAM is not charged on emissions, or certain emissions, embodied in a CBAM good.</p></content></subsection><subsection eId="section-147-7"><num>(7)</num><content><p>Regulations under <ref href="#section-147-6">subsection (6)</ref> may also treat an importation into the United Kingdom, for any purpose of <ref href="#part-5">this Part</ref>, of a CBAM good in respect of which the regulations apply as not having occurred (including by virtue of provision similar to <ref href="#section-147-4">subsection (4)</ref>).</p></content></subsection><subsection eId="section-147-8"><num>(8)</num><intro><p>In this section—</p></intro><hcontainer name="definition"><content><p>“<term refersTo="#term-customs-tariff-in-its-standard-form" eId="term-customs-tariff-in-its-standard-form">customs tariff in its standard form</term>” means the customs tariff, as defined in section 8 of TCTA 2018, as it has effect without regard to any provision made under sections 9 to 15 or section 19(4) of that Act;</p></content></hcontainer><hcontainer name="definition"><intro><p>“<term refersTo="#term-returned-goods-relief" eId="term-returned-goods-relief">returned goods relief</term>” means relief for import duty available—</p></intro><level class="para1"><num>(a)</num><content><p>by virtue of the UK Reliefs document, and</p></content></level><level class="para1"><num>(b)</num><content><p>by reference to the fact the good is being returned to the United Kingdom, or Great Britain, having previously been exported;</p></content></level></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-temporary-admission-procedure" eId="term-temporary-admission-procedure">temporary admission procedure</term>” has the meaning given by paragraph 15 of Schedule 2 to TCTA 2018;</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-uk-reliefs-document" eId="term-uk-reliefs-document">UK Reliefs document</term>” has the meaning given by regulations under section 19 of TCTA 2018.</p></content></hcontainer></subsection></section><section eId="section-148"><num>148</num><heading>Embodied emissions</heading><subsection eId="section-148-1"><num>(1)</num><content><p>In this Part, “<term refersTo="#term-emissions-embodied-in-a-cbam-good" eId="term-emissions-embodied-in-a-cbam-good">emissions embodied in a CBAM good</term>” means emissions that are attributable to the production of a CBAM good.</p></content></subsection><subsection eId="section-148-2"><num>(2)</num><content><p>The Treasury may by regulations make provision about what it means for emissions to be attributable to the production of a CBAM good.</p></content></subsection><subsection eId="section-148-3"><num>(3)</num><intro><p>Regulations under <ref href="#section-148-2">subsection (2)</ref> may (among other things) make provision about emissions that are emitted in the course of an activity carried out in connection with the production of—</p></intro><level class="para1" eId="section-148-3-a"><num>(a)</num><content><p>a CBAM good, or</p></content></level><level class="para1" eId="section-148-3-b"><num>(b)</num><content><p>materials used (including goods processed) to produce a CBAM good.</p></content></level></subsection><subsection eId="section-148-4"><num>(4)</num><content><p>See <ref href="#schedule-17-paragraph-10">paragraphs 10</ref> and <ref href="#schedule-17-paragraph-11">11</ref> of <ref href="#schedule-17">Schedule 17</ref> for provision about how to determine and evidence emissions embodied in a CBAM good.</p></content></subsection></section><section eId="section-149"><num>149</num><heading>Rate</heading><subsection eId="section-149-1"><num>(1)</num><content><p>CBAM is charged at an amount equal to the sectoral domestic price applicable in respect of the CBAM good multiplied by the number of tonnes of carbon dioxide equivalent emissions embodied in the CBAM good.</p></content></subsection><subsection eId="section-149-2"><num>(2)</num><intro><p>The “sectoral domestic price” applicable in respect of a CBAM good is the price calculated and published by the Treasury for—</p></intro><level class="para1" eId="section-149-2-a"><num>(a)</num><content><p>the CBAM sector in which the good falls, and</p></content></level><level class="para1" eId="section-149-2-b"><num>(b)</num><content><p>the quarter in which the liability to CBAM is incurred in respect of the good.</p></content></level></subsection><subsection eId="section-149-3"><num>(3)</num><content><p>The Treasury must calculate and publish the sectoral domestic price for each CBAM sector for each quarter (“quarter Q”) as follows—</p><blockList class="unordered none" ukl:Name="UnorderedList" ukl:Decoration="none"><item><p><i>Step 1</i></p><p>Calculate the average price per tonne of specified emissions under the UK Emissions Trading Scheme in the quarter preceding quarter Q—</p><blockList class="ordered alpha parens" ukl:Name="OrderedList" ukl:Type="alpha" ukl:Decoration="parens"><item><num>(a)</num><p>by reference to auction clearing prices for UK ETS allowances at auctions during the quarter preceding quarter Q, or</p></item><item><num>(b)</num><p>if no allowances were sold at auction during that quarter, as provided in regulations under <ref href="#section-149-6">subsection (6)</ref>.</p></item></blockList></item><item><p><i>Step 2</i></p><p>Reduce that price by a percentage equal to the baseline free allocation percentage for the CBAM sector, as adjusted by a factor specified by regulations under <ref href="#section-149-6">subsection (6)</ref>—</p><blockList class="ordered alpha parens" ukl:Name="OrderedList" ukl:Type="alpha" ukl:Decoration="parens"><item><num>(a)</num><p>for the CBAM sector for the year in which quarter Q falls, and</p></item><item><num>(b)</num><p>in light of reduction factors applicable in determining, under the UK Emissions Trading Scheme, the allocation in that year of free UK ETS allowances in respect of sub-installations that have a process that serves production of goods falling within the CBAM sector.</p></item></blockList></item></blockList></content></subsection><subsection eId="section-149-4"><num>(4)</num><intro><p>In this section—</p></intro><hcontainer name="definition"><content><p>“<term refersTo="#term-auction" eId="term-auction">auction</term>” means an auction under the Greenhouse Gas Emissions Trading Scheme Auctioning Regulations 2021 (<ref eId="c00183" href="http://www.legislation.gov.uk/id/uksi/2021/484">S.I. 2021/484</ref>);</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-auction-clearing-price" eId="term-auction-clearing-price">auction clearing price</term>”, in relation to a UK ETS allowance, has the same meaning as in those Regulations (see regulation 7);</p></content></hcontainer><hcontainer name="definition"><intro><p>“<term refersTo="#term-baseline-free-allocation-percentage" eId="term-baseline-free-allocation-percentage">baseline free allocation percentage</term>” means, in relation to a CBAM sector, the average percentage of sectoral emissions that were covered—</p></intro><level class="para1"><num>(a)</num><content><p>in the 2019 scheme year, by free EU ETS allowances, and</p></content></level><level class="para1"><num>(b)</num><content><p>in the 2022 and 2023 scheme years, by free UK ETS allowances,</p></content></level><wrapUp><p>allocated in the scheme years mentioned here in respect of sub-installations that have a process that serves the production of goods falling within the CBAM sector;</p></wrapUp></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-cbam-sector" eId="term-cbam-sector">CBAM sector</term>” means the commodity codes set out under a single heading in the Table in <ref href="#schedule-16">Schedule 16</ref> other than the commodity codes that the Table indicates are excepted;</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-the-ets-regulations" eId="term-the-ets-regulations">the ETS Regulations</term>” means the Greenhouse Gas Emissions Trading Scheme Regulations 2012 (<ref eId="c00184" href="http://www.legislation.gov.uk/id/uksi/2012/3038">S.I. 2012/3038</ref>);</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-free-eu-ets-allowance" eId="term-free-eu-ets-allowance">free EU ETS allowance</term>” means an allowance allocated free of charge in accordance with <ref eId="c00185" href="http://www.legislation.gov.uk/european/directive/2003/0087">Directive 2003/87/EC</ref> of the European Parliament and of the Council establishing a scheme for greenhouse gas emissions allowance trading within the Community and amending Council <ref eId="c00186" href="http://www.legislation.gov.uk/european/directive/1996/0061">Directive 96/61/EC</ref>;</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-free-uk-ets-allowance" eId="term-free-uk-ets-allowance">free UK ETS allowance</term>” means an allowance allocated free of charge under Part 4A of the UK ETS Order;</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-quarter" eId="term-quarter">quarter</term>” means a period of 3 months ending at the end of March, June, September or December;</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-regulated-activity" eId="term-regulated-activity">regulated activity</term>” and “specified emissions” have the meaning given by paragraph 3 of Schedule 2 to the UK ETS Order (or, in relation the 2019 scheme year, given by regulation 3 of the ETS Regulations as it had effect during that year);</p></content></hcontainer><hcontainer name="definition"><intro><p>“<term refersTo="#term-scheme-year" eId="term-scheme-year">scheme year</term>” has the meaning—</p></intro><level class="para1"><num>(a)</num><content><p>in relation to the 2019 scheme year, given by regulation 3 of the ETS Regulations;</p></content></level><level class="para1"><num>(b)</num><content><p>in relation to the 2022 and 2023 scheme years, given by article 4 of the UK ETS order;</p></content></level></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-sectoral-emissions" eId="term-sectoral-emissions">sectoral emissions</term>” means, in relation to a CBAM sector, the specified emissions that were emitted in the course of regulated activities carried out at sub-installations in the United Kingdom that have a process that serves the production of goods falling within the CBAM sector;</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-sub-installation" eId="term-sub-installation">sub-installation</term>” means each kind of sub-installation defined by Article 2 of Commission Delegated <ref eId="c00187" href="http://www.legislation.gov.uk/european/regulation/2019/0331">Regulation (EU) 2019/331</ref> determining transitional Union-wide rules for harmonised free allocation of emission allowances pursuant to Article 10a of <ref eId="c00188" href="http://www.legislation.gov.uk/european/directive/2003/0087">Directive 2003/87/EC</ref> of the European Parliament and of the Council (or, in relation to the 2019 scheme year, has the meaning given by regulation 3 of the ETS Regulations as it had effect during that year);</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-uk-ets-allowance" eId="term-uk-ets-allowance">UK ETS allowance</term>” means an allowance created under the UK ETS Order (see article 18);</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-uk-ets-order" eId="term-uk-ets-order">UK ETS Order</term>” means the Greenhouse Gas Emissions Trading Scheme Order 2020 (<ref eId="c00189" href="http://www.legislation.gov.uk/id/uksi/2020/1265">S.I. 2020/1265</ref>).</p></content></hcontainer></subsection><subsection eId="section-149-5"><num>(5)</num><content><p>In determining the “<term refersTo="#term-baseline-free-allocation-percentage" eId="term-baseline-free-allocation-percentage">baseline free allocation percentage</term>” in relation to a CBAM sector, ignore any scheme year in which there were no sectoral emissions.</p></content></subsection><subsection eId="section-149-6"><num>(6)</num><content><p>The Treasury may by regulations make further provision about the calculation of the sectoral domestic price.</p></content></subsection><subsection eId="section-149-7"><num>(7)</num><intro><p>In this section—</p></intro><level class="para1" eId="section-149-7-a"><num>(a)</num><content><p>references to a good falling within a CBAM sector are references to the good falling within one of the commodity codes comprising the sector;</p></content></level><level class="para1" eId="section-149-7-b"><num>(b)</num><content><p>references to emissions are references to tonnes of carbon dioxide equivalent emissions;</p></content></level><level class="para1" eId="section-149-7-c"><num>(c)</num><content><p>references to regulated activities carried out to produce goods include regulated activities consisting in the production of heating and cooling consumed during the regulated activities.</p></content></level></subsection></section><section eId="section-150"><num>150</num><heading>Carbon price relief</heading><subsection eId="section-150-1"><num>(1)</num><intro><p>The amount of CBAM charged on emissions may be reduced under this section if another monetary amount is payable in relation to the emissions, whether the amount is—</p></intro><level class="para1" eId="section-150-1-a"><num>(a)</num><content><p>in the form of taxation,</p></content></level><level class="para1" eId="section-150-1-b"><num>(b)</num><content><p>in exchange for allowances (however expressed) under an emissions trading scheme, or</p></content></level><level class="para1" eId="section-150-1-c"><num>(c)</num><content><p>required to be paid under the law of a country or territory in connection with the importation of goods into the country or territory.</p></content></level></subsection><subsection eId="section-150-2"><num>(2)</num><intro><p>The Treasury may by regulations make provision about relief under this section, including provision—</p></intro><level class="para1" eId="section-150-2-a"><num>(a)</num><content><p>describing which monetary amounts may generate relief,</p></content></level><level class="para1" eId="section-150-2-b"><num>(b)</num><content><p>about when a monetary amount is to be treated as being payable in relation to emissions, and how the emissions are to be identified, and</p></content></level><level class="para1" eId="section-150-2-c"><num>(c)</num><content><p>about determining the amount of relief.</p></content></level></subsection><subsection eId="section-150-3"><num>(3)</num><content><p>In <ref href="#part-5">this Part</ref>, “<term refersTo="#term-carbon-price" eId="term-carbon-price">carbon price</term>” means a monetary amount of a kind described in regulations under <ref href="#section-150-2">subsection (2)</ref><ref href="#section-150-2-a">(a)</ref>.</p></content></subsection><subsection eId="section-150-4"><num>(4)</num><intro><p>Regulations under <ref href="#section-150-2">subsection (2)</ref> may (among other things) make provision—</p></intro><level class="para1" eId="section-150-4-a"><num>(a)</num><content><p>for the amount of relief to be determined by reference to averages, estimates, assumptions or by reference to information provided by a third party;</p></content></level><level class="para1" eId="section-150-4-b"><num>(b)</num><content><p>to take account of other reliefs, allowances, offsets or similar relating to a carbon price;</p></content></level><level class="para1" eId="section-150-4-c"><num>(c)</num><content><p>about cases where two or more carbon prices are payable in relation to the same emissions;</p></content></level><level class="para1" eId="section-150-4-d"><num>(d)</num><content><p>for the amount of relief to differ depending on where the carbon price is payable;</p></content></level><level class="para1" eId="section-150-4-e"><num>(e)</num><content><p>specifying periods by reference to which calculations or measurements are to be made.</p></content></level></subsection><subsection eId="section-150-5"><num>(5)</num><intro><p>In this section, references to an amount being payable in relation to emissions includes a reference to—</p></intro><level class="para1" eId="section-150-5-a"><num>(a)</num><content><p>an amount that indirectly relates to emissions, and</p></content></level><level class="para1" eId="section-150-5-b"><num>(b)</num><content><p>an amount having been payable, or that is going to become payable, in relation to emissions.</p></content></level></subsection></section></hcontainer>
<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-143"><num>143</num><heading>Charge to CBAM</heading><subsection eId="section-143-1"><num>(1)</num><content><p>CBAM is charged on the emissions embodied in a CBAM good when the good is imported into the United Kingdom.</p></content></subsection><subsection eId="section-143-2"><num>(2)</num><content><p>In <ref href="#part-5">this Part</ref>, “<term refersTo="#term-cbam-good" eId="term-cbam-good">CBAM good</term>” means a good specified by <ref href="#schedule-16">Schedule 16</ref> (but see <ref href="#section-145">section 145</ref><ref href="#section-145-3">(3)</ref>).</p></content></subsection><subsection eId="section-143-3"><num>(3)</num><intro><p><ref href="#schedule-16">Schedule 16</ref> specifies the following kinds of goods—</p></intro><level class="para1" eId="section-143-3-a"><num>(a)</num><content><p>aluminium goods;</p></content></level><level class="para1" eId="section-143-3-b"><num>(b)</num><content><p>cement;</p></content></level><level class="para1" eId="section-143-3-c"><num>(c)</num><content><p>fertilisers;</p></content></level><level class="para1" eId="section-143-3-d"><num>(d)</num><content><p>hydrogen;</p></content></level><level class="para1" eId="section-143-3-e"><num>(e)</num><content><p>iron and steel goods.</p></content></level></subsection></section>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-143-1"><num>(1)</num><content><p>CBAM is charged on the emissions embodied in a CBAM good when the good is imported into the United Kingdom.</p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-143-2"><num>(2)</num><content><p>In <ref href="#part-5">this Part</ref>, “<term refersTo="#term-cbam-good" eId="term-cbam-good">CBAM good</term>” means a good specified by <ref href="#schedule-16">Schedule 16</ref> (but see <ref href="#section-145">section 145</ref><ref href="#section-145-3">(3)</ref>).</p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-143-3"><num>(3)</num><intro><p><ref href="#schedule-16">Schedule 16</ref> specifies the following kinds of goods—</p></intro><level class="para1" eId="section-143-3-a"><num>(a)</num><content><p>aluminium goods;</p></content></level><level class="para1" eId="section-143-3-b"><num>(b)</num><content><p>cement;</p></content></level><level class="para1" eId="section-143-3-c"><num>(c)</num><content><p>fertilisers;</p></content></level><level class="para1" eId="section-143-3-d"><num>(d)</num><content><p>hydrogen;</p></content></level><level class="para1" eId="section-143-3-e"><num>(e)</num><content><p>iron and steel goods.</p></content></level></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-143-3-a"><num>(a)</num><content><p>aluminium goods;</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-143-3-b"><num>(b)</num><content><p>cement;</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-143-3-c"><num>(c)</num><content><p>fertilisers;</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-143-3-d"><num>(d)</num><content><p>hydrogen;</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-143-3-e"><num>(e)</num><content><p>iron and steel goods.</p></content></level>
<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="section-144"><num>144</num><heading>Importation</heading><subsection eId="section-144-1"><num>(1)</num><intro><p>For the purposes of this Part, a reference to a good being imported into the United Kingdom is a reference to—</p></intro><level class="para1" eId="section-144-1-a"><num>(a)</num><content><p>the first time a good is imported as described in <ref href="#section-144">this section</ref>, and</p></content></level><level class="para1" eId="section-144-1-b"><num>(b)</num><content><p>if a good is imported as described in <ref href="#section-144">this section</ref> and subsequently exported from the United Kingdom, the next time the good is imported as described in <ref href="#section-144">this section</ref>.</p></content></level></subsection><subsection eId="section-144-2"><num>(2)</num><content><p>If a CBAM good is chargeable to import duty under <ref eId="c00168" href="https://www.legislation.gov.uk/ukpga/2018/22/section/1">section 1</ref> of <ref eId="c00169" href="https://www.legislation.gov.uk/ukpga/2018/22/contents">TCTA 2018</ref>, it is imported when liability to import duty is incurred in respect of the good.</p></content></subsection><subsection eId="section-144-3"><num>(3)</num><content><p>If a CBAM good is chargeable to duty under <ref eId="c00170" href="https://www.legislation.gov.uk/ukpga/2018/22/section/30C">section 30C</ref> of <ref eId="c00171" href="https://www.legislation.gov.uk/ukpga/2018/22/contents">TCTA 2018</ref>, it is imported when liability to that duty is incurred in respect of the good.</p></content></subsection><subsection eId="section-144-4"><num>(4)</num><content><p>If a CBAM good is chargeable to duty under <ref eId="c00172" href="https://www.legislation.gov.uk/ukpga/2018/22/section/30A">section 30A</ref><ref eId="c00173" href="https://www.legislation.gov.uk/ukpga/2018/22/section/30A">(3)</ref> or <ref eId="c00174" href="https://www.legislation.gov.uk/ukpga/2018/22/section/40A">40A</ref><ref eId="c00175" href="https://www.legislation.gov.uk/ukpga/2018/22/section/40A">(1)</ref><ref eId="c00176" href="https://www.legislation.gov.uk/ukpga/2018/22/section/40A">(a)</ref> of <ref eId="c00177" href="https://www.legislation.gov.uk/ukpga/2018/22/contents">TCTA 2018</ref> (or would be so chargeable but for regulations within section 30B(1)(a) or 40B(1)(a) of that Act), it is imported when liability to that duty is incurred in respect of the good (or would be incurred but for the regulations).</p></content></subsection><subsection eId="section-144-5"><num>(5)</num><intro><p>If a CBAM good is—</p></intro><level class="para1" eId="section-144-5-a"><num>(a)</num><content><p>a Union good that is imported into the United Kingdom as a result of its entry into Northern Ireland and not excluded by regulations made by the Treasury,</p></content></level><level class="para1" eId="section-144-5-b"><num>(b)</num><content><p>a good that is imported into the United Kingdom from the Isle of Man and not excluded by regulations made by the Treasury,</p></content></level><level class="para1" eId="section-144-5-c"><num>(c)</num><content><p>a domestic good by virtue of regulations made under section 33(8) of TCTA 2018 relating to goods declared for an outward processing procedure, or</p></content></level><level class="para1" eId="section-144-5-d"><num>(d)</num><content><p>a domestic good by virtue of subsection (6) of <ref eId="c00178" href="https://www.legislation.gov.uk/ukpga/2018/22/section/36">section 36</ref> of <ref eId="c00179" href="https://www.legislation.gov.uk/ukpga/2018/22/contents">TCTA 2018</ref> or regulations made under that section,</p></content></level><wrapUp><p>it is imported at the time of importation for the purposes of the customs and excise Acts.</p></wrapUp></subsection><subsection eId="section-144-6"><num>(6)</num><content><p>If a CBAM good would be chargeable to duty under section 30C of TCTA 2018 but for regulations within subsection (6)(a) of that section, it is imported at the time of entry of the good in Great Britain in the course of the removal of the good to Great Britain from Northern Ireland.</p></content></subsection><subsection eId="section-144-7"><num>(7)</num><content><p>The reference in <ref href="#section-144-4">subsection (4)</ref> to when liability to duty under section 30A(3) or 40A(1)(a) of TCTA 2018 is incurred in respect of a good is to when, for the purpose of the duty, a customs debt on import is incurred under UCC 2013.</p></content></subsection><subsection eId="section-144-8"><num>(8)</num><content><p><mod>For the purposes of determining, in accordance with <ref href="#section-144-5">subsection (5)</ref>, when a CBAM good is imported into the United Kingdom from the Isle of Man, <ref eId="c00180" href="https://www.legislation.gov.uk/ukpga/1979/58/section/8">section 8</ref> of the <ref eId="c00181" href="https://www.legislation.gov.uk/ukpga/1979/58/contents">Isle of Man Act 1979</ref> (removal of goods from the Isle of Man) has effect as if, in subsection (2) of <ref eId="c00182" href="https://www.legislation.gov.uk/ukpga/1979/58/contents">that Act</ref>, at the end of paragraph (c), there were inserted <quotedText startQuote="“">; or</quotedText><quotedStructure endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="default"><level class="para1"><num>(d)</num><content><p>goods which are CBAM goods.</p></content></level></quotedStructure></mod></p></content></subsection><subsection eId="section-144-9"><num>(9)</num><intro><p>Section 5 of CEMA 1979 applies for the purpose of <ref href="#section-144-6">subsection (6)</ref> to determine the time of entry of a CBAM good in Great Britain in the course of the removal of the good to Great Britain from Northern Ireland as it applies for the purpose of the customs and excise Acts to determine the time of importation of goods—</p></intro><level class="para1" eId="section-144-9-a"><num>(a)</num><content><p>reading references in that section to the time of importation of goods as the time of entry of the CBAM good in Great Britain, and</p></content></level><level class="para1" eId="section-144-9-b"><num>(b)</num><content><p>reading references in subsections (2) and (6) of that section to the United Kingdom as Great Britain.</p></content></level></subsection><subsection eId="section-144-10"><num>(10)</num><content><p>Regulations made by the Treasury may exclude from <ref href="#section-144-4">subsection (4)</ref> or <ref href="#section-144-6">(6)</ref> (as the case may be) goods that would be chargeable to duty under section 30A(3), 30C or 40A(1)(a) of TCTA 2018 but for regulations within section 30B(1)(a), 30C(6)(a) or 40B(1)(a) of that Act.</p></content></subsection></section>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-144-1"><num>(1)</num><intro><p>For the purposes of this Part, a reference to a good being imported into the United Kingdom is a reference to—</p></intro><level class="para1" eId="section-144-1-a"><num>(a)</num><content><p>the first time a good is imported as described in <ref href="#section-144">this section</ref>, and</p></content></level><level class="para1" eId="section-144-1-b"><num>(b)</num><content><p>if a good is imported as described in <ref href="#section-144">this section</ref> and subsequently exported from the United Kingdom, the next time the good is imported as described in <ref href="#section-144">this section</ref>.</p></content></level></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-144-1-a"><num>(a)</num><content><p>the first time a good is imported as described in <ref href="#section-144">this section</ref>, and</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-144-1-b"><num>(b)</num><content><p>if a good is imported as described in <ref href="#section-144">this section</ref> and subsequently exported from the United Kingdom, the next time the good is imported as described in <ref href="#section-144">this section</ref>.</p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-144-2"><num>(2)</num><content><p>If a CBAM good is chargeable to import duty under <ref eId="c00168" href="https://www.legislation.gov.uk/ukpga/2018/22/section/1">section 1</ref> of <ref eId="c00169" href="https://www.legislation.gov.uk/ukpga/2018/22/contents">TCTA 2018</ref>, it is imported when liability to import duty is incurred in respect of the good.</p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-144-3"><num>(3)</num><content><p>If a CBAM good is chargeable to duty under <ref eId="c00170" href="https://www.legislation.gov.uk/ukpga/2018/22/section/30C">section 30C</ref> of <ref eId="c00171" href="https://www.legislation.gov.uk/ukpga/2018/22/contents">TCTA 2018</ref>, it is imported when liability to that duty is incurred in respect of the good.</p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-144-4"><num>(4)</num><content><p>If a CBAM good is chargeable to duty under <ref eId="c00172" href="https://www.legislation.gov.uk/ukpga/2018/22/section/30A">section 30A</ref><ref eId="c00173" href="https://www.legislation.gov.uk/ukpga/2018/22/section/30A">(3)</ref> or <ref eId="c00174" href="https://www.legislation.gov.uk/ukpga/2018/22/section/40A">40A</ref><ref eId="c00175" href="https://www.legislation.gov.uk/ukpga/2018/22/section/40A">(1)</ref><ref eId="c00176" href="https://www.legislation.gov.uk/ukpga/2018/22/section/40A">(a)</ref> of <ref eId="c00177" href="https://www.legislation.gov.uk/ukpga/2018/22/contents">TCTA 2018</ref> (or would be so chargeable but for regulations within section 30B(1)(a) or 40B(1)(a) of that Act), it is imported when liability to that duty is incurred in respect of the good (or would be incurred but for the regulations).</p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-144-5"><num>(5)</num><intro><p>If a CBAM good is—</p></intro><level class="para1" eId="section-144-5-a"><num>(a)</num><content><p>a Union good that is imported into the United Kingdom as a result of its entry into Northern Ireland and not excluded by regulations made by the Treasury,</p></content></level><level class="para1" eId="section-144-5-b"><num>(b)</num><content><p>a good that is imported into the United Kingdom from the Isle of Man and not excluded by regulations made by the Treasury,</p></content></level><level class="para1" eId="section-144-5-c"><num>(c)</num><content><p>a domestic good by virtue of regulations made under section 33(8) of TCTA 2018 relating to goods declared for an outward processing procedure, or</p></content></level><level class="para1" eId="section-144-5-d"><num>(d)</num><content><p>a domestic good by virtue of subsection (6) of <ref eId="c00178" href="https://www.legislation.gov.uk/ukpga/2018/22/section/36">section 36</ref> of <ref eId="c00179" href="https://www.legislation.gov.uk/ukpga/2018/22/contents">TCTA 2018</ref> or regulations made under that section,</p></content></level><wrapUp><p>it is imported at the time of importation for the purposes of the customs and excise Acts.</p></wrapUp></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-144-5-a"><num>(a)</num><content><p>a Union good that is imported into the United Kingdom as a result of its entry into Northern Ireland and not excluded by regulations made by the Treasury,</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-144-5-b"><num>(b)</num><content><p>a good that is imported into the United Kingdom from the Isle of Man and not excluded by regulations made by the Treasury,</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-144-5-c"><num>(c)</num><content><p>a domestic good by virtue of regulations made under section 33(8) of TCTA 2018 relating to goods declared for an outward processing procedure, or</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-144-5-d"><num>(d)</num><content><p>a domestic good by virtue of subsection (6) of <ref eId="c00178" href="https://www.legislation.gov.uk/ukpga/2018/22/section/36">section 36</ref> of <ref eId="c00179" href="https://www.legislation.gov.uk/ukpga/2018/22/contents">TCTA 2018</ref> or regulations made under that section,</p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-144-6"><num>(6)</num><content><p>If a CBAM good would be chargeable to duty under section 30C of TCTA 2018 but for regulations within subsection (6)(a) of that section, it is imported at the time of entry of the good in Great Britain in the course of the removal of the good to Great Britain from Northern Ireland.</p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-144-7"><num>(7)</num><content><p>The reference in <ref href="#section-144-4">subsection (4)</ref> to when liability to duty under section 30A(3) or 40A(1)(a) of TCTA 2018 is incurred in respect of a good is to when, for the purpose of the duty, a customs debt on import is incurred under UCC 2013.</p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="section-144-8"><num>(8)</num><content><p><mod>For the purposes of determining, in accordance with <ref href="#section-144-5">subsection (5)</ref>, when a CBAM good is imported into the United Kingdom from the Isle of Man, <ref eId="c00180" href="https://www.legislation.gov.uk/ukpga/1979/58/section/8">section 8</ref> of the <ref eId="c00181" href="https://www.legislation.gov.uk/ukpga/1979/58/contents">Isle of Man Act 1979</ref> (removal of goods from the Isle of Man) has effect as if, in subsection (2) of <ref eId="c00182" href="https://www.legislation.gov.uk/ukpga/1979/58/contents">that Act</ref>, at the end of paragraph (c), there were inserted <quotedText startQuote="“">; or</quotedText><quotedStructure endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="default"><level class="para1"><num>(d)</num><content><p>goods which are CBAM goods.</p></content></level></quotedStructure></mod></p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-144-9"><num>(9)</num><intro><p>Section 5 of CEMA 1979 applies for the purpose of <ref href="#section-144-6">subsection (6)</ref> to determine the time of entry of a CBAM good in Great Britain in the course of the removal of the good to Great Britain from Northern Ireland as it applies for the purpose of the customs and excise Acts to determine the time of importation of goods—</p></intro><level class="para1" eId="section-144-9-a"><num>(a)</num><content><p>reading references in that section to the time of importation of goods as the time of entry of the CBAM good in Great Britain, and</p></content></level><level class="para1" eId="section-144-9-b"><num>(b)</num><content><p>reading references in subsections (2) and (6) of that section to the United Kingdom as Great Britain.</p></content></level></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-144-9-a"><num>(a)</num><content><p>reading references in that section to the time of importation of goods as the time of entry of the CBAM good in Great Britain, and</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-144-9-b"><num>(b)</num><content><p>reading references in subsections (2) and (6) of that section to the United Kingdom as Great Britain.</p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-144-10"><num>(10)</num><content><p>Regulations made by the Treasury may exclude from <ref href="#section-144-4">subsection (4)</ref> or <ref href="#section-144-6">(6)</ref> (as the case may be) goods that would be chargeable to duty under section 30A(3), 30C or 40A(1)(a) of TCTA 2018 but for regulations within section 30B(1)(a), 30C(6)(a) or 40B(1)(a) of that Act.</p></content></subsection>
<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-145"><num>145</num><heading>Goods processed under a special customs procedure</heading><subsection eId="section-145-1"><num>(1)</num><intro><p>Subsection <ref href="#section-145-2">(2)</ref> applies where—</p></intro><level class="para1" eId="section-145-1-a"><num>(a)</num><content><p>a CBAM good has been declared for a special customs procedure,</p></content></level><level class="para1" eId="section-145-1-b"><num>(b)</num><content><p>the CBAM good is processed under the procedure,</p></content></level><level class="para1" eId="section-145-1-c"><num>(c)</num><content><p>the processing produces a good that is not a CBAM good, and</p></content></level><level class="para1" eId="section-145-1-d"><num>(d)</num><content><p>that good is imported into the United Kingdom.</p></content></level></subsection><subsection eId="section-145-2"><num>(2)</num><content><p>When the good that is not a CBAM good is first imported as described in <ref href="#section-144">section 144</ref>, CBAM is charged on so much of the emissions embodied in that good as were embodied in the CBAM good when it was declared for the special customs procedure.</p></content></subsection><subsection eId="section-145-3"><num>(3)</num><content><p>References in <ref href="#part-5">this Part</ref> to a CBAM good include a reference to a good imported in the circumstances described in <ref href="#section-145-1">subsection (1)</ref>.</p></content></subsection><subsection eId="section-145-4"><num>(4)</num><intro><p>In this section, “<term refersTo="#term-special-customs-procedure" eId="term-special-customs-procedure">special customs procedure</term>” means—</p></intro><level class="para1" eId="section-145-4-a"><num>(a)</num><content><p>a special Customs procedure (within the meaning of section 3(4) of TCTA 2018);</p></content></level><level class="para1" eId="section-145-4-b"><num>(b)</num><content><p>a special procedure provided for by Title 7 of UCC 2013, other than the outward processing procedure.</p></content></level></subsection></section>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-145-1"><num>(1)</num><intro><p>Subsection <ref href="#section-145-2">(2)</ref> applies where—</p></intro><level class="para1" eId="section-145-1-a"><num>(a)</num><content><p>a CBAM good has been declared for a special customs procedure,</p></content></level><level class="para1" eId="section-145-1-b"><num>(b)</num><content><p>the CBAM good is processed under the procedure,</p></content></level><level class="para1" eId="section-145-1-c"><num>(c)</num><content><p>the processing produces a good that is not a CBAM good, and</p></content></level><level class="para1" eId="section-145-1-d"><num>(d)</num><content><p>that good is imported into the United Kingdom.</p></content></level></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-145-1-a"><num>(a)</num><content><p>a CBAM good has been declared for a special customs procedure,</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-145-1-b"><num>(b)</num><content><p>the CBAM good is processed under the procedure,</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-145-1-c"><num>(c)</num><content><p>the processing produces a good that is not a CBAM good, and</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-145-1-d"><num>(d)</num><content><p>that good is imported into the United Kingdom.</p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-145-2"><num>(2)</num><content><p>When the good that is not a CBAM good is first imported as described in <ref href="#section-144">section 144</ref>, CBAM is charged on so much of the emissions embodied in that good as were embodied in the CBAM good when it was declared for the special customs procedure.</p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-145-3"><num>(3)</num><content><p>References in <ref href="#part-5">this Part</ref> to a CBAM good include a reference to a good imported in the circumstances described in <ref href="#section-145-1">subsection (1)</ref>.</p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-145-4"><num>(4)</num><intro><p>In this section, “<term refersTo="#term-special-customs-procedure" eId="term-special-customs-procedure">special customs procedure</term>” means—</p></intro><level class="para1" eId="section-145-4-a"><num>(a)</num><content><p>a special Customs procedure (within the meaning of section 3(4) of TCTA 2018);</p></content></level><level class="para1" eId="section-145-4-b"><num>(b)</num><content><p>a special procedure provided for by Title 7 of UCC 2013, other than the outward processing procedure.</p></content></level></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-145-4-a"><num>(a)</num><content><p>a special Customs procedure (within the meaning of section 3(4) of TCTA 2018);</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-145-4-b"><num>(b)</num><content><p>a special procedure provided for by Title 7 of UCC 2013, other than the outward processing procedure.</p></content></level>
<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-146"><num>146</num><heading>Person liable: the importer</heading><subsection eId="section-146-1"><num>(1)</num><content><p>The person liable to CBAM on the emissions embodied in a CBAM good is the importer.</p></content></subsection><subsection eId="section-146-2"><num>(2)</num><intro><p>If a CBAM good is imported as described in <ref href="#section-144">section 144</ref><ref href="#section-144-2">(2)</ref>, <ref href="#section-144-3">(3)</ref> or <ref href="#section-144-6">(6)</ref>, the importer is—</p></intro><level class="para1" eId="section-146-2-a"><num>(a)</num><intro><p>if liability to import duty, or duty under section 30C of TCTA 2018, is incurred when a declaration for a Customs procedure is accepted, or when there is a breach of a requirement relating to the procedure—</p></intro><level class="para2" eId="section-146-2-a-i"><num>(i)</num><content><p>the person in whose name the declaration for the procedure was made, or</p></content></level><level class="para2" eId="section-146-2-a-ii"><num>(ii)</num><content><p>if the declaration was made on behalf of another person, the person on whose behalf the declaration was made, or</p></content></level></level><level class="para1" eId="section-146-2-b"><num>(b)</num><content><p>if <ref href="#section-146-2-a">paragraph (a)</ref> does not apply, the person on whose behalf the good is imported.</p></content></level></subsection><subsection eId="section-146-3"><num>(3)</num><intro><p>If a CBAM good is imported as described in <ref href="#section-144">section 144</ref><ref href="#section-144-4">(4)</ref>, the importer is—</p></intro><level class="para1" eId="section-146-3-a"><num>(a)</num><intro><p>if liability to duty under section 30A(3) or 40A(1)(a) of TCTA 2018 is incurred when a Union customs declaration in respect of the good is accepted, or when there is a breach of a requirement relating to the procedure for which it is accepted—</p></intro><level class="para2" eId="section-146-3-a-i"><num>(i)</num><content><p>the declarant, or</p></content></level><level class="para2" eId="section-146-3-a-ii"><num>(ii)</num><content><p>if the declaration was made on behalf of another person, the person on whose behalf the declaration was made, or</p></content></level></level><level class="para1" eId="section-146-3-b"><num>(b)</num><content><p>if <ref href="#section-146-3-a">paragraph (a)</ref> does not apply, the person on whose behalf the good is imported.</p></content></level></subsection><subsection eId="section-146-4"><num>(4)</num><content><p>If a CBAM good is imported as described in <ref href="#section-144">section 144</ref><ref href="#section-144-5">(5)</ref>, the importer is the person on whose behalf the good is imported.</p></content></subsection><subsection eId="section-146-5"><num>(5)</num><intro><p>In this section—</p></intro><hcontainer name="definition"><content><p>“<term refersTo="#term-customs-procedure" eId="term-customs-procedure">Customs procedure</term>” means a procedure set out in section 3(3) of TCTA 2018;</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-declarant" eId="term-declarant">declarant</term>”, in relation to a Union customs declaration, has the meaning given by Article 5(15) of UCC 2013;</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-union-customs-declaration" eId="term-union-customs-declaration">Union customs declaration</term>” means a customs declaration for the purposes of UCC 2013.</p></content></hcontainer></subsection></section>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-146-1"><num>(1)</num><content><p>The person liable to CBAM on the emissions embodied in a CBAM good is the importer.</p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-146-2"><num>(2)</num><intro><p>If a CBAM good is imported as described in <ref href="#section-144">section 144</ref><ref href="#section-144-2">(2)</ref>, <ref href="#section-144-3">(3)</ref> or <ref href="#section-144-6">(6)</ref>, the importer is—</p></intro><level class="para1" eId="section-146-2-a"><num>(a)</num><intro><p>if liability to import duty, or duty under section 30C of TCTA 2018, is incurred when a declaration for a Customs procedure is accepted, or when there is a breach of a requirement relating to the procedure—</p></intro><level class="para2" eId="section-146-2-a-i"><num>(i)</num><content><p>the person in whose name the declaration for the procedure was made, or</p></content></level><level class="para2" eId="section-146-2-a-ii"><num>(ii)</num><content><p>if the declaration was made on behalf of another person, the person on whose behalf the declaration was made, or</p></content></level></level><level class="para1" eId="section-146-2-b"><num>(b)</num><content><p>if <ref href="#section-146-2-a">paragraph (a)</ref> does not apply, the person on whose behalf the good is imported.</p></content></level></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-146-2-a"><num>(a)</num><intro><p>if liability to import duty, or duty under section 30C of TCTA 2018, is incurred when a declaration for a Customs procedure is accepted, or when there is a breach of a requirement relating to the procedure—</p></intro><level class="para2" eId="section-146-2-a-i"><num>(i)</num><content><p>the person in whose name the declaration for the procedure was made, or</p></content></level><level class="para2" eId="section-146-2-a-ii"><num>(ii)</num><content><p>if the declaration was made on behalf of another person, the person on whose behalf the declaration was made, or</p></content></level></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para2" eId="section-146-2-a-i"><num>(i)</num><content><p>the person in whose name the declaration for the procedure was made, or</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para2" eId="section-146-2-a-ii"><num>(ii)</num><content><p>if the declaration was made on behalf of another person, the person on whose behalf the declaration was made, or</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-146-2-b"><num>(b)</num><content><p>if <ref href="#section-146-2-a">paragraph (a)</ref> does not apply, the person on whose behalf the good is imported.</p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-146-3"><num>(3)</num><intro><p>If a CBAM good is imported as described in <ref href="#section-144">section 144</ref><ref href="#section-144-4">(4)</ref>, the importer is—</p></intro><level class="para1" eId="section-146-3-a"><num>(a)</num><intro><p>if liability to duty under section 30A(3) or 40A(1)(a) of TCTA 2018 is incurred when a Union customs declaration in respect of the good is accepted, or when there is a breach of a requirement relating to the procedure for which it is accepted—</p></intro><level class="para2" eId="section-146-3-a-i"><num>(i)</num><content><p>the declarant, or</p></content></level><level class="para2" eId="section-146-3-a-ii"><num>(ii)</num><content><p>if the declaration was made on behalf of another person, the person on whose behalf the declaration was made, or</p></content></level></level><level class="para1" eId="section-146-3-b"><num>(b)</num><content><p>if <ref href="#section-146-3-a">paragraph (a)</ref> does not apply, the person on whose behalf the good is imported.</p></content></level></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-146-3-a"><num>(a)</num><intro><p>if liability to duty under section 30A(3) or 40A(1)(a) of TCTA 2018 is incurred when a Union customs declaration in respect of the good is accepted, or when there is a breach of a requirement relating to the procedure for which it is accepted—</p></intro><level class="para2" eId="section-146-3-a-i"><num>(i)</num><content><p>the declarant, or</p></content></level><level class="para2" eId="section-146-3-a-ii"><num>(ii)</num><content><p>if the declaration was made on behalf of another person, the person on whose behalf the declaration was made, or</p></content></level></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para2" eId="section-146-3-a-i"><num>(i)</num><content><p>the declarant, or</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para2" eId="section-146-3-a-ii"><num>(ii)</num><content><p>if the declaration was made on behalf of another person, the person on whose behalf the declaration was made, or</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-146-3-b"><num>(b)</num><content><p>if <ref href="#section-146-3-a">paragraph (a)</ref> does not apply, the person on whose behalf the good is imported.</p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-146-4"><num>(4)</num><content><p>If a CBAM good is imported as described in <ref href="#section-144">section 144</ref><ref href="#section-144-5">(5)</ref>, the importer is the person on whose behalf the good is imported.</p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-146-5"><num>(5)</num><intro><p>In this section—</p></intro><hcontainer name="definition"><content><p>“<term refersTo="#term-customs-procedure" eId="term-customs-procedure">Customs procedure</term>” means a procedure set out in section 3(3) of TCTA 2018;</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-declarant" eId="term-declarant">declarant</term>”, in relation to a Union customs declaration, has the meaning given by Article 5(15) of UCC 2013;</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-union-customs-declaration" eId="term-union-customs-declaration">Union customs declaration</term>” means a customs declaration for the purposes of UCC 2013.</p></content></hcontainer></subsection>
<hcontainer xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" name="definition"><content><p>“<term refersTo="#term-sub-installation" eId="term-sub-installation">sub-installation</term>” means each kind of sub-installation defined by Article 2 of Commission Delegated <ref eId="c00187" href="http://www.legislation.gov.uk/european/regulation/2019/0331">Regulation (EU) 2019/331</ref> determining transitional Union-wide rules for harmonised free allocation of emission allowances pursuant to Article 10a of <ref eId="c00188" href="http://www.legislation.gov.uk/european/directive/2003/0087">Directive 2003/87/EC</ref> of the European Parliament and of the Council (or, in relation to the 2019 scheme year, has the meaning given by regulation 3 of the ETS Regulations as it had effect during that year);</p></content></hcontainer>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1"><num>(a)</num><content><p>a financial institution under the CRS other than one which is such an institution only because it is an investment entity within section 8(A)(6)(b) of the CRS;</p></content></level>
<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-147"><num>147</num><heading>Exemptions</heading><subsection eId="section-147-1"><num>(1)</num><intro><p>CBAM is not charged on the emissions embodied in a CBAM good if the importer—</p></intro><level class="para1" eId="section-147-1-a"><num>(a)</num><content><p>is, at the time the good is imported, neither registrable nor registered (see <ref href="#schedule-17-part-2">Part 2</ref> of <ref href="#schedule-17">Schedule 17</ref>), or</p></content></level><level class="para1" eId="section-147-1-b"><num>(b)</num><content><p>is importing the good otherwise than in the course of a business.</p></content></level></subsection><subsection eId="section-147-2"><num>(2)</num><intro><p>CBAM is not charged on the emissions embodied in a CBAM good if—</p></intro><level class="para1" eId="section-147-2-a"><num>(a)</num><content><p>the place of origin of the good is the United Kingdom, determined in accordance with provision applicable in relation to the customs tariff in its standard form (see section 17(1) to (6) of TCTA 2018);</p></content></level><level class="para1" eId="section-147-2-b"><num>(b)</num><content><p>the good is imported as described in <ref href="#section-144">section 144</ref><ref href="#section-144-2">(2)</ref> or <ref href="#section-144-3">(3)</ref> and returned goods relief is available in respect of the good;</p></content></level><level class="para1" eId="section-147-2-c"><num>(c)</num><content><p>the good is imported as described in <ref href="#section-144">section 144</ref><ref href="#section-144-4">(4)</ref> and relief under Article 203 of UCC 2013 (returned goods) is available in respect of the good;</p></content></level><level class="para1" eId="section-147-2-d"><num>(d)</num><intro><p>the good is within <ref href="#section-144">section 144</ref><ref href="#section-144-5">(5)</ref><ref href="#section-144-5-a">(a)</ref> and was—</p></intro><level class="para2" eId="section-147-2-d-i"><num>(i)</num><content><p>exported from the United Kingdom as a Union good as a result of its removal from Northern Ireland, and</p></content></level><level class="para2" eId="section-147-2-d-ii"><num>(ii)</num><content><p>imported into the United Kingdom as described in <ref href="#section-144">section 144</ref><ref href="#section-144-5">(5)</ref><ref href="#section-144-5-a">(a)</ref> not more than 3 years later, in the state in which it was exported (see Article 203(5) of UCC 2013);</p></content></level></level><level class="para1" eId="section-147-2-e"><num>(e)</num><content><p>the good is imported as described in <ref href="#section-144">section 144</ref><ref href="#section-144-5">(5)</ref><ref href="#section-144-5-b">(b)</ref> and returned goods relief would be available in respect of it if liability to import duty were incurred by reference to its importation into the United Kingdom.</p></content></level></subsection><subsection eId="section-147-3"><num>(3)</num><intro><p>CBAM is not charged on so much of the emissions embodied in a CBAM good (“the chargeable good”) as are attributable to the production of another CBAM good which—</p></intro><level class="para1" eId="section-147-3-a"><num>(a)</num><content><p>originated from the United Kingdom, determined in accordance with provision applicable in relation to the customs tariff in its standard form (see section 17(1) to (6) of TCTA 2018), and</p></content></level><level class="para1" eId="section-147-3-b"><num>(b)</num><content><p>was processed to produce the chargeable good.</p></content></level></subsection><subsection eId="section-147-4"><num>(4)</num><intro><p>If, but for this subsection, a liability to duty would have been incurred for the purposes of <ref href="#section-144">section 144</ref><ref href="#section-144-2">(2)</ref> or <ref href="#section-144-3">(3)</ref> in circumstances where—</p></intro><level class="para1" eId="section-147-4-a"><num>(a)</num><content><p>liability to duty was incurred in accordance with section 4(4)(a) of TCTA 2018,</p></content></level><level class="para1" eId="section-147-4-b"><num>(b)</num><content><p>liability to duty was incurred by virtue of HMRC accepting a declaration of the good for a temporary admission procedure, and</p></content></level><level class="para1" eId="section-147-4-c"><num>(c)</num><content><p>full relief was given from the liability to duty incurred,</p></content></level><wrapUp><p>the liability to duty is treated as not having been incurred on that occasion for the purposes of <ref href="#section-144">section 144</ref><ref href="#section-144-2">(2)</ref> or <ref href="#section-144-3">(3)</ref> (and, accordingly, the good is treated as not having been imported as described in <ref href="#section-144">section 144</ref><ref href="#section-144-2">(2)</ref> or <ref href="#section-144-3">(3)</ref> on that occasion).</p></wrapUp></subsection><subsection eId="section-147-5"><num>(5)</num><intro><p>But <ref href="#section-147-4">subsection (4)</ref> does not apply if—</p></intro><level class="para1" eId="section-147-5-a"><num>(a)</num><content><p>there was no entitlement to make the declaration mentioned in <ref href="#section-147-4">subsection (4)</ref><ref href="#section-147-4-b">(b)</ref>, or</p></content></level><level class="para1" eId="section-147-5-b"><num>(b)</num><content><p>the full relief given, mentioned in <ref href="#section-147-4">subsection (4)</ref><ref href="#section-147-4-c">(c)</ref>, was not available.</p></content></level></subsection><subsection eId="section-147-6"><num>(6)</num><content><p>The Treasury may by regulations specify other circumstances in which CBAM is not charged on emissions, or certain emissions, embodied in a CBAM good.</p></content></subsection><subsection eId="section-147-7"><num>(7)</num><content><p>Regulations under <ref href="#section-147-6">subsection (6)</ref> may also treat an importation into the United Kingdom, for any purpose of <ref href="#part-5">this Part</ref>, of a CBAM good in respect of which the regulations apply as not having occurred (including by virtue of provision similar to <ref href="#section-147-4">subsection (4)</ref>).</p></content></subsection><subsection eId="section-147-8"><num>(8)</num><intro><p>In this section—</p></intro><hcontainer name="definition"><content><p>“<term refersTo="#term-customs-tariff-in-its-standard-form" eId="term-customs-tariff-in-its-standard-form">customs tariff in its standard form</term>” means the customs tariff, as defined in section 8 of TCTA 2018, as it has effect without regard to any provision made under sections 9 to 15 or section 19(4) of that Act;</p></content></hcontainer><hcontainer name="definition"><intro><p>“<term refersTo="#term-returned-goods-relief" eId="term-returned-goods-relief">returned goods relief</term>” means relief for import duty available—</p></intro><level class="para1"><num>(a)</num><content><p>by virtue of the UK Reliefs document, and</p></content></level><level class="para1"><num>(b)</num><content><p>by reference to the fact the good is being returned to the United Kingdom, or Great Britain, having previously been exported;</p></content></level></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-temporary-admission-procedure" eId="term-temporary-admission-procedure">temporary admission procedure</term>” has the meaning given by paragraph 15 of Schedule 2 to TCTA 2018;</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-uk-reliefs-document" eId="term-uk-reliefs-document">UK Reliefs document</term>” has the meaning given by regulations under section 19 of TCTA 2018.</p></content></hcontainer></subsection></section>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-147-1"><num>(1)</num><intro><p>CBAM is not charged on the emissions embodied in a CBAM good if the importer—</p></intro><level class="para1" eId="section-147-1-a"><num>(a)</num><content><p>is, at the time the good is imported, neither registrable nor registered (see <ref href="#schedule-17-part-2">Part 2</ref> of <ref href="#schedule-17">Schedule 17</ref>), or</p></content></level><level class="para1" eId="section-147-1-b"><num>(b)</num><content><p>is importing the good otherwise than in the course of a business.</p></content></level></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-147-1-a"><num>(a)</num><content><p>is, at the time the good is imported, neither registrable nor registered (see <ref href="#schedule-17-part-2">Part 2</ref> of <ref href="#schedule-17">Schedule 17</ref>), or</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-147-1-b"><num>(b)</num><content><p>is importing the good otherwise than in the course of a business.</p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-147-2"><num>(2)</num><intro><p>CBAM is not charged on the emissions embodied in a CBAM good if—</p></intro><level class="para1" eId="section-147-2-a"><num>(a)</num><content><p>the place of origin of the good is the United Kingdom, determined in accordance with provision applicable in relation to the customs tariff in its standard form (see section 17(1) to (6) of TCTA 2018);</p></content></level><level class="para1" eId="section-147-2-b"><num>(b)</num><content><p>the good is imported as described in <ref href="#section-144">section 144</ref><ref href="#section-144-2">(2)</ref> or <ref href="#section-144-3">(3)</ref> and returned goods relief is available in respect of the good;</p></content></level><level class="para1" eId="section-147-2-c"><num>(c)</num><content><p>the good is imported as described in <ref href="#section-144">section 144</ref><ref href="#section-144-4">(4)</ref> and relief under Article 203 of UCC 2013 (returned goods) is available in respect of the good;</p></content></level><level class="para1" eId="section-147-2-d"><num>(d)</num><intro><p>the good is within <ref href="#section-144">section 144</ref><ref href="#section-144-5">(5)</ref><ref href="#section-144-5-a">(a)</ref> and was—</p></intro><level class="para2" eId="section-147-2-d-i"><num>(i)</num><content><p>exported from the United Kingdom as a Union good as a result of its removal from Northern Ireland, and</p></content></level><level class="para2" eId="section-147-2-d-ii"><num>(ii)</num><content><p>imported into the United Kingdom as described in <ref href="#section-144">section 144</ref><ref href="#section-144-5">(5)</ref><ref href="#section-144-5-a">(a)</ref> not more than 3 years later, in the state in which it was exported (see Article 203(5) of UCC 2013);</p></content></level></level><level class="para1" eId="section-147-2-e"><num>(e)</num><content><p>the good is imported as described in <ref href="#section-144">section 144</ref><ref href="#section-144-5">(5)</ref><ref href="#section-144-5-b">(b)</ref> and returned goods relief would be available in respect of it if liability to import duty were incurred by reference to its importation into the United Kingdom.</p></content></level></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-147-2-a"><num>(a)</num><content><p>the place of origin of the good is the United Kingdom, determined in accordance with provision applicable in relation to the customs tariff in its standard form (see section 17(1) to (6) of TCTA 2018);</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-147-2-b"><num>(b)</num><content><p>the good is imported as described in <ref href="#section-144">section 144</ref><ref href="#section-144-2">(2)</ref> or <ref href="#section-144-3">(3)</ref> and returned goods relief is available in respect of the good;</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-147-2-c"><num>(c)</num><content><p>the good is imported as described in <ref href="#section-144">section 144</ref><ref href="#section-144-4">(4)</ref> and relief under Article 203 of UCC 2013 (returned goods) is available in respect of the good;</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-147-2-d"><num>(d)</num><intro><p>the good is within <ref href="#section-144">section 144</ref><ref href="#section-144-5">(5)</ref><ref href="#section-144-5-a">(a)</ref> and was—</p></intro><level class="para2" eId="section-147-2-d-i"><num>(i)</num><content><p>exported from the United Kingdom as a Union good as a result of its removal from Northern Ireland, and</p></content></level><level class="para2" eId="section-147-2-d-ii"><num>(ii)</num><content><p>imported into the United Kingdom as described in <ref href="#section-144">section 144</ref><ref href="#section-144-5">(5)</ref><ref href="#section-144-5-a">(a)</ref> not more than 3 years later, in the state in which it was exported (see Article 203(5) of UCC 2013);</p></content></level></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para2" eId="section-147-2-d-i"><num>(i)</num><content><p>exported from the United Kingdom as a Union good as a result of its removal from Northern Ireland, and</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para2" eId="section-147-2-d-ii"><num>(ii)</num><content><p>imported into the United Kingdom as described in <ref href="#section-144">section 144</ref><ref href="#section-144-5">(5)</ref><ref href="#section-144-5-a">(a)</ref> not more than 3 years later, in the state in which it was exported (see Article 203(5) of UCC 2013);</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-147-2-e"><num>(e)</num><content><p>the good is imported as described in <ref href="#section-144">section 144</ref><ref href="#section-144-5">(5)</ref><ref href="#section-144-5-b">(b)</ref> and returned goods relief would be available in respect of it if liability to import duty were incurred by reference to its importation into the United Kingdom.</p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-147-3"><num>(3)</num><intro><p>CBAM is not charged on so much of the emissions embodied in a CBAM good (“the chargeable good”) as are attributable to the production of another CBAM good which—</p></intro><level class="para1" eId="section-147-3-a"><num>(a)</num><content><p>originated from the United Kingdom, determined in accordance with provision applicable in relation to the customs tariff in its standard form (see section 17(1) to (6) of TCTA 2018), and</p></content></level><level class="para1" eId="section-147-3-b"><num>(b)</num><content><p>was processed to produce the chargeable good.</p></content></level></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-147-3-a"><num>(a)</num><content><p>originated from the United Kingdom, determined in accordance with provision applicable in relation to the customs tariff in its standard form (see section 17(1) to (6) of TCTA 2018), and</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-147-3-b"><num>(b)</num><content><p>was processed to produce the chargeable good.</p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-147-4"><num>(4)</num><intro><p>If, but for this subsection, a liability to duty would have been incurred for the purposes of <ref href="#section-144">section 144</ref><ref href="#section-144-2">(2)</ref> or <ref href="#section-144-3">(3)</ref> in circumstances where—</p></intro><level class="para1" eId="section-147-4-a"><num>(a)</num><content><p>liability to duty was incurred in accordance with section 4(4)(a) of TCTA 2018,</p></content></level><level class="para1" eId="section-147-4-b"><num>(b)</num><content><p>liability to duty was incurred by virtue of HMRC accepting a declaration of the good for a temporary admission procedure, and</p></content></level><level class="para1" eId="section-147-4-c"><num>(c)</num><content><p>full relief was given from the liability to duty incurred,</p></content></level><wrapUp><p>the liability to duty is treated as not having been incurred on that occasion for the purposes of <ref href="#section-144">section 144</ref><ref href="#section-144-2">(2)</ref> or <ref href="#section-144-3">(3)</ref> (and, accordingly, the good is treated as not having been imported as described in <ref href="#section-144">section 144</ref><ref href="#section-144-2">(2)</ref> or <ref href="#section-144-3">(3)</ref> on that occasion).</p></wrapUp></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-147-4-a"><num>(a)</num><content><p>liability to duty was incurred in accordance with section 4(4)(a) of TCTA 2018,</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-147-4-b"><num>(b)</num><content><p>liability to duty was incurred by virtue of HMRC accepting a declaration of the good for a temporary admission procedure, and</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-147-4-c"><num>(c)</num><content><p>full relief was given from the liability to duty incurred,</p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-147-5"><num>(5)</num><intro><p>But <ref href="#section-147-4">subsection (4)</ref> does not apply if—</p></intro><level class="para1" eId="section-147-5-a"><num>(a)</num><content><p>there was no entitlement to make the declaration mentioned in <ref href="#section-147-4">subsection (4)</ref><ref href="#section-147-4-b">(b)</ref>, or</p></content></level><level class="para1" eId="section-147-5-b"><num>(b)</num><content><p>the full relief given, mentioned in <ref href="#section-147-4">subsection (4)</ref><ref href="#section-147-4-c">(c)</ref>, was not available.</p></content></level></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-147-5-a"><num>(a)</num><content><p>there was no entitlement to make the declaration mentioned in <ref href="#section-147-4">subsection (4)</ref><ref href="#section-147-4-b">(b)</ref>, or</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-147-5-b"><num>(b)</num><content><p>the full relief given, mentioned in <ref href="#section-147-4">subsection (4)</ref><ref href="#section-147-4-c">(c)</ref>, was not available.</p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-147-6"><num>(6)</num><content><p>The Treasury may by regulations specify other circumstances in which CBAM is not charged on emissions, or certain emissions, embodied in a CBAM good.</p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-147-7"><num>(7)</num><content><p>Regulations under <ref href="#section-147-6">subsection (6)</ref> may also treat an importation into the United Kingdom, for any purpose of <ref href="#part-5">this Part</ref>, of a CBAM good in respect of which the regulations apply as not having occurred (including by virtue of provision similar to <ref href="#section-147-4">subsection (4)</ref>).</p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-147-8"><num>(8)</num><intro><p>In this section—</p></intro><hcontainer name="definition"><content><p>“<term refersTo="#term-customs-tariff-in-its-standard-form" eId="term-customs-tariff-in-its-standard-form">customs tariff in its standard form</term>” means the customs tariff, as defined in section 8 of TCTA 2018, as it has effect without regard to any provision made under sections 9 to 15 or section 19(4) of that Act;</p></content></hcontainer><hcontainer name="definition"><intro><p>“<term refersTo="#term-returned-goods-relief" eId="term-returned-goods-relief">returned goods relief</term>” means relief for import duty available—</p></intro><level class="para1"><num>(a)</num><content><p>by virtue of the UK Reliefs document, and</p></content></level><level class="para1"><num>(b)</num><content><p>by reference to the fact the good is being returned to the United Kingdom, or Great Britain, having previously been exported;</p></content></level></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-temporary-admission-procedure" eId="term-temporary-admission-procedure">temporary admission procedure</term>” has the meaning given by paragraph 15 of Schedule 2 to TCTA 2018;</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-uk-reliefs-document" eId="term-uk-reliefs-document">UK Reliefs document</term>” has the meaning given by regulations under section 19 of TCTA 2018.</p></content></hcontainer></subsection>
<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-148"><num>148</num><heading>Embodied emissions</heading><subsection eId="section-148-1"><num>(1)</num><content><p>In this Part, “<term refersTo="#term-emissions-embodied-in-a-cbam-good" eId="term-emissions-embodied-in-a-cbam-good">emissions embodied in a CBAM good</term>” means emissions that are attributable to the production of a CBAM good.</p></content></subsection><subsection eId="section-148-2"><num>(2)</num><content><p>The Treasury may by regulations make provision about what it means for emissions to be attributable to the production of a CBAM good.</p></content></subsection><subsection eId="section-148-3"><num>(3)</num><intro><p>Regulations under <ref href="#section-148-2">subsection (2)</ref> may (among other things) make provision about emissions that are emitted in the course of an activity carried out in connection with the production of—</p></intro><level class="para1" eId="section-148-3-a"><num>(a)</num><content><p>a CBAM good, or</p></content></level><level class="para1" eId="section-148-3-b"><num>(b)</num><content><p>materials used (including goods processed) to produce a CBAM good.</p></content></level></subsection><subsection eId="section-148-4"><num>(4)</num><content><p>See <ref href="#schedule-17-paragraph-10">paragraphs 10</ref> and <ref href="#schedule-17-paragraph-11">11</ref> of <ref href="#schedule-17">Schedule 17</ref> for provision about how to determine and evidence emissions embodied in a CBAM good.</p></content></subsection></section>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-148-1"><num>(1)</num><content><p>In this Part, “<term refersTo="#term-emissions-embodied-in-a-cbam-good" eId="term-emissions-embodied-in-a-cbam-good">emissions embodied in a CBAM good</term>” means emissions that are attributable to the production of a CBAM good.</p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-148-2"><num>(2)</num><content><p>The Treasury may by regulations make provision about what it means for emissions to be attributable to the production of a CBAM good.</p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-148-3"><num>(3)</num><intro><p>Regulations under <ref href="#section-148-2">subsection (2)</ref> may (among other things) make provision about emissions that are emitted in the course of an activity carried out in connection with the production of—</p></intro><level class="para1" eId="section-148-3-a"><num>(a)</num><content><p>a CBAM good, or</p></content></level><level class="para1" eId="section-148-3-b"><num>(b)</num><content><p>materials used (including goods processed) to produce a CBAM good.</p></content></level></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-148-3-a"><num>(a)</num><content><p>a CBAM good, or</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-148-3-b"><num>(b)</num><content><p>materials used (including goods processed) to produce a CBAM good.</p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-148-4"><num>(4)</num><content><p>See <ref href="#schedule-17-paragraph-10">paragraphs 10</ref> and <ref href="#schedule-17-paragraph-11">11</ref> of <ref href="#schedule-17">Schedule 17</ref> for provision about how to determine and evidence emissions embodied in a CBAM good.</p></content></subsection>
<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="section-149"><num>149</num><heading>Rate</heading><subsection eId="section-149-1"><num>(1)</num><content><p>CBAM is charged at an amount equal to the sectoral domestic price applicable in respect of the CBAM good multiplied by the number of tonnes of carbon dioxide equivalent emissions embodied in the CBAM good.</p></content></subsection><subsection eId="section-149-2"><num>(2)</num><intro><p>The “sectoral domestic price” applicable in respect of a CBAM good is the price calculated and published by the Treasury for—</p></intro><level class="para1" eId="section-149-2-a"><num>(a)</num><content><p>the CBAM sector in which the good falls, and</p></content></level><level class="para1" eId="section-149-2-b"><num>(b)</num><content><p>the quarter in which the liability to CBAM is incurred in respect of the good.</p></content></level></subsection><subsection eId="section-149-3"><num>(3)</num><content><p>The Treasury must calculate and publish the sectoral domestic price for each CBAM sector for each quarter (“quarter Q”) as follows—</p><blockList class="unordered none" ukl:Name="UnorderedList" ukl:Decoration="none"><item><p><i>Step 1</i></p><p>Calculate the average price per tonne of specified emissions under the UK Emissions Trading Scheme in the quarter preceding quarter Q—</p><blockList class="ordered alpha parens" ukl:Name="OrderedList" ukl:Type="alpha" ukl:Decoration="parens"><item><num>(a)</num><p>by reference to auction clearing prices for UK ETS allowances at auctions during the quarter preceding quarter Q, or</p></item><item><num>(b)</num><p>if no allowances were sold at auction during that quarter, as provided in regulations under <ref href="#section-149-6">subsection (6)</ref>.</p></item></blockList></item><item><p><i>Step 2</i></p><p>Reduce that price by a percentage equal to the baseline free allocation percentage for the CBAM sector, as adjusted by a factor specified by regulations under <ref href="#section-149-6">subsection (6)</ref>—</p><blockList class="ordered alpha parens" ukl:Name="OrderedList" ukl:Type="alpha" ukl:Decoration="parens"><item><num>(a)</num><p>for the CBAM sector for the year in which quarter Q falls, and</p></item><item><num>(b)</num><p>in light of reduction factors applicable in determining, under the UK Emissions Trading Scheme, the allocation in that year of free UK ETS allowances in respect of sub-installations that have a process that serves production of goods falling within the CBAM sector.</p></item></blockList></item></blockList></content></subsection><subsection eId="section-149-4"><num>(4)</num><intro><p>In this section—</p></intro><hcontainer name="definition"><content><p>“<term refersTo="#term-auction" eId="term-auction">auction</term>” means an auction under the Greenhouse Gas Emissions Trading Scheme Auctioning Regulations 2021 (<ref eId="c00183" href="http://www.legislation.gov.uk/id/uksi/2021/484">S.I. 2021/484</ref>);</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-auction-clearing-price" eId="term-auction-clearing-price">auction clearing price</term>”, in relation to a UK ETS allowance, has the same meaning as in those Regulations (see regulation 7);</p></content></hcontainer><hcontainer name="definition"><intro><p>“<term refersTo="#term-baseline-free-allocation-percentage" eId="term-baseline-free-allocation-percentage">baseline free allocation percentage</term>” means, in relation to a CBAM sector, the average percentage of sectoral emissions that were covered—</p></intro><level class="para1"><num>(a)</num><content><p>in the 2019 scheme year, by free EU ETS allowances, and</p></content></level><level class="para1"><num>(b)</num><content><p>in the 2022 and 2023 scheme years, by free UK ETS allowances,</p></content></level><wrapUp><p>allocated in the scheme years mentioned here in respect of sub-installations that have a process that serves the production of goods falling within the CBAM sector;</p></wrapUp></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-cbam-sector" eId="term-cbam-sector">CBAM sector</term>” means the commodity codes set out under a single heading in the Table in <ref href="#schedule-16">Schedule 16</ref> other than the commodity codes that the Table indicates are excepted;</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-the-ets-regulations" eId="term-the-ets-regulations">the ETS Regulations</term>” means the Greenhouse Gas Emissions Trading Scheme Regulations 2012 (<ref eId="c00184" href="http://www.legislation.gov.uk/id/uksi/2012/3038">S.I. 2012/3038</ref>);</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-free-eu-ets-allowance" eId="term-free-eu-ets-allowance">free EU ETS allowance</term>” means an allowance allocated free of charge in accordance with <ref eId="c00185" href="http://www.legislation.gov.uk/european/directive/2003/0087">Directive 2003/87/EC</ref> of the European Parliament and of the Council establishing a scheme for greenhouse gas emissions allowance trading within the Community and amending Council <ref eId="c00186" href="http://www.legislation.gov.uk/european/directive/1996/0061">Directive 96/61/EC</ref>;</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-free-uk-ets-allowance" eId="term-free-uk-ets-allowance">free UK ETS allowance</term>” means an allowance allocated free of charge under Part 4A of the UK ETS Order;</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-quarter" eId="term-quarter">quarter</term>” means a period of 3 months ending at the end of March, June, September or December;</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-regulated-activity" eId="term-regulated-activity">regulated activity</term>” and “specified emissions” have the meaning given by paragraph 3 of Schedule 2 to the UK ETS Order (or, in relation the 2019 scheme year, given by regulation 3 of the ETS Regulations as it had effect during that year);</p></content></hcontainer><hcontainer name="definition"><intro><p>“<term refersTo="#term-scheme-year" eId="term-scheme-year">scheme year</term>” has the meaning—</p></intro><level class="para1"><num>(a)</num><content><p>in relation to the 2019 scheme year, given by regulation 3 of the ETS Regulations;</p></content></level><level class="para1"><num>(b)</num><content><p>in relation to the 2022 and 2023 scheme years, given by article 4 of the UK ETS order;</p></content></level></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-sectoral-emissions" eId="term-sectoral-emissions">sectoral emissions</term>” means, in relation to a CBAM sector, the specified emissions that were emitted in the course of regulated activities carried out at sub-installations in the United Kingdom that have a process that serves the production of goods falling within the CBAM sector;</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-sub-installation" eId="term-sub-installation">sub-installation</term>” means each kind of sub-installation defined by Article 2 of Commission Delegated <ref eId="c00187" href="http://www.legislation.gov.uk/european/regulation/2019/0331">Regulation (EU) 2019/331</ref> determining transitional Union-wide rules for harmonised free allocation of emission allowances pursuant to Article 10a of <ref eId="c00188" href="http://www.legislation.gov.uk/european/directive/2003/0087">Directive 2003/87/EC</ref> of the European Parliament and of the Council (or, in relation to the 2019 scheme year, has the meaning given by regulation 3 of the ETS Regulations as it had effect during that year);</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-uk-ets-allowance" eId="term-uk-ets-allowance">UK ETS allowance</term>” means an allowance created under the UK ETS Order (see article 18);</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-uk-ets-order" eId="term-uk-ets-order">UK ETS Order</term>” means the Greenhouse Gas Emissions Trading Scheme Order 2020 (<ref eId="c00189" href="http://www.legislation.gov.uk/id/uksi/2020/1265">S.I. 2020/1265</ref>).</p></content></hcontainer></subsection><subsection eId="section-149-5"><num>(5)</num><content><p>In determining the “<term refersTo="#term-baseline-free-allocation-percentage" eId="term-baseline-free-allocation-percentage">baseline free allocation percentage</term>” in relation to a CBAM sector, ignore any scheme year in which there were no sectoral emissions.</p></content></subsection><subsection eId="section-149-6"><num>(6)</num><content><p>The Treasury may by regulations make further provision about the calculation of the sectoral domestic price.</p></content></subsection><subsection eId="section-149-7"><num>(7)</num><intro><p>In this section—</p></intro><level class="para1" eId="section-149-7-a"><num>(a)</num><content><p>references to a good falling within a CBAM sector are references to the good falling within one of the commodity codes comprising the sector;</p></content></level><level class="para1" eId="section-149-7-b"><num>(b)</num><content><p>references to emissions are references to tonnes of carbon dioxide equivalent emissions;</p></content></level><level class="para1" eId="section-149-7-c"><num>(c)</num><content><p>references to regulated activities carried out to produce goods include regulated activities consisting in the production of heating and cooling consumed during the regulated activities.</p></content></level></subsection></section>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-149-1"><num>(1)</num><content><p>CBAM is charged at an amount equal to the sectoral domestic price applicable in respect of the CBAM good multiplied by the number of tonnes of carbon dioxide equivalent emissions embodied in the CBAM good.</p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-149-2"><num>(2)</num><intro><p>The “sectoral domestic price” applicable in respect of a CBAM good is the price calculated and published by the Treasury for—</p></intro><level class="para1" eId="section-149-2-a"><num>(a)</num><content><p>the CBAM sector in which the good falls, and</p></content></level><level class="para1" eId="section-149-2-b"><num>(b)</num><content><p>the quarter in which the liability to CBAM is incurred in respect of the good.</p></content></level></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-149-2-a"><num>(a)</num><content><p>the CBAM sector in which the good falls, and</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-149-2-b"><num>(b)</num><content><p>the quarter in which the liability to CBAM is incurred in respect of the good.</p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="section-149-3"><num>(3)</num><content><p>The Treasury must calculate and publish the sectoral domestic price for each CBAM sector for each quarter (“quarter Q”) as follows—</p><blockList class="unordered none" ukl:Name="UnorderedList" ukl:Decoration="none"><item><p><i>Step 1</i></p><p>Calculate the average price per tonne of specified emissions under the UK Emissions Trading Scheme in the quarter preceding quarter Q—</p><blockList class="ordered alpha parens" ukl:Name="OrderedList" ukl:Type="alpha" ukl:Decoration="parens"><item><num>(a)</num><p>by reference to auction clearing prices for UK ETS allowances at auctions during the quarter preceding quarter Q, or</p></item><item><num>(b)</num><p>if no allowances were sold at auction during that quarter, as provided in regulations under <ref href="#section-149-6">subsection (6)</ref>.</p></item></blockList></item><item><p><i>Step 2</i></p><p>Reduce that price by a percentage equal to the baseline free allocation percentage for the CBAM sector, as adjusted by a factor specified by regulations under <ref href="#section-149-6">subsection (6)</ref>—</p><blockList class="ordered alpha parens" ukl:Name="OrderedList" ukl:Type="alpha" ukl:Decoration="parens"><item><num>(a)</num><p>for the CBAM sector for the year in which quarter Q falls, and</p></item><item><num>(b)</num><p>in light of reduction factors applicable in determining, under the UK Emissions Trading Scheme, the allocation in that year of free UK ETS allowances in respect of sub-installations that have a process that serves production of goods falling within the CBAM sector.</p></item></blockList></item></blockList></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-149-4"><num>(4)</num><intro><p>In this section—</p></intro><hcontainer name="definition"><content><p>“<term refersTo="#term-auction" eId="term-auction">auction</term>” means an auction under the Greenhouse Gas Emissions Trading Scheme Auctioning Regulations 2021 (<ref eId="c00183" href="http://www.legislation.gov.uk/id/uksi/2021/484">S.I. 2021/484</ref>);</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-auction-clearing-price" eId="term-auction-clearing-price">auction clearing price</term>”, in relation to a UK ETS allowance, has the same meaning as in those Regulations (see regulation 7);</p></content></hcontainer><hcontainer name="definition"><intro><p>“<term refersTo="#term-baseline-free-allocation-percentage" eId="term-baseline-free-allocation-percentage">baseline free allocation percentage</term>” means, in relation to a CBAM sector, the average percentage of sectoral emissions that were covered—</p></intro><level class="para1"><num>(a)</num><content><p>in the 2019 scheme year, by free EU ETS allowances, and</p></content></level><level class="para1"><num>(b)</num><content><p>in the 2022 and 2023 scheme years, by free UK ETS allowances,</p></content></level><wrapUp><p>allocated in the scheme years mentioned here in respect of sub-installations that have a process that serves the production of goods falling within the CBAM sector;</p></wrapUp></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-cbam-sector" eId="term-cbam-sector">CBAM sector</term>” means the commodity codes set out under a single heading in the Table in <ref href="#schedule-16">Schedule 16</ref> other than the commodity codes that the Table indicates are excepted;</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-the-ets-regulations" eId="term-the-ets-regulations">the ETS Regulations</term>” means the Greenhouse Gas Emissions Trading Scheme Regulations 2012 (<ref eId="c00184" href="http://www.legislation.gov.uk/id/uksi/2012/3038">S.I. 2012/3038</ref>);</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-free-eu-ets-allowance" eId="term-free-eu-ets-allowance">free EU ETS allowance</term>” means an allowance allocated free of charge in accordance with <ref eId="c00185" href="http://www.legislation.gov.uk/european/directive/2003/0087">Directive 2003/87/EC</ref> of the European Parliament and of the Council establishing a scheme for greenhouse gas emissions allowance trading within the Community and amending Council <ref eId="c00186" href="http://www.legislation.gov.uk/european/directive/1996/0061">Directive 96/61/EC</ref>;</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-free-uk-ets-allowance" eId="term-free-uk-ets-allowance">free UK ETS allowance</term>” means an allowance allocated free of charge under Part 4A of the UK ETS Order;</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-quarter" eId="term-quarter">quarter</term>” means a period of 3 months ending at the end of March, June, September or December;</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-regulated-activity" eId="term-regulated-activity">regulated activity</term>” and “specified emissions” have the meaning given by paragraph 3 of Schedule 2 to the UK ETS Order (or, in relation the 2019 scheme year, given by regulation 3 of the ETS Regulations as it had effect during that year);</p></content></hcontainer><hcontainer name="definition"><intro><p>“<term refersTo="#term-scheme-year" eId="term-scheme-year">scheme year</term>” has the meaning—</p></intro><level class="para1"><num>(a)</num><content><p>in relation to the 2019 scheme year, given by regulation 3 of the ETS Regulations;</p></content></level><level class="para1"><num>(b)</num><content><p>in relation to the 2022 and 2023 scheme years, given by article 4 of the UK ETS order;</p></content></level></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-sectoral-emissions" eId="term-sectoral-emissions">sectoral emissions</term>” means, in relation to a CBAM sector, the specified emissions that were emitted in the course of regulated activities carried out at sub-installations in the United Kingdom that have a process that serves the production of goods falling within the CBAM sector;</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-sub-installation" eId="term-sub-installation">sub-installation</term>” means each kind of sub-installation defined by Article 2 of Commission Delegated <ref eId="c00187" href="http://www.legislation.gov.uk/european/regulation/2019/0331">Regulation (EU) 2019/331</ref> determining transitional Union-wide rules for harmonised free allocation of emission allowances pursuant to Article 10a of <ref eId="c00188" href="http://www.legislation.gov.uk/european/directive/2003/0087">Directive 2003/87/EC</ref> of the European Parliament and of the Council (or, in relation to the 2019 scheme year, has the meaning given by regulation 3 of the ETS Regulations as it had effect during that year);</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-uk-ets-allowance" eId="term-uk-ets-allowance">UK ETS allowance</term>” means an allowance created under the UK ETS Order (see article 18);</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-uk-ets-order" eId="term-uk-ets-order">UK ETS Order</term>” means the Greenhouse Gas Emissions Trading Scheme Order 2020 (<ref eId="c00189" href="http://www.legislation.gov.uk/id/uksi/2020/1265">S.I. 2020/1265</ref>).</p></content></hcontainer></subsection>
<hcontainer xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" name="definition"><content><p>“<term refersTo="#term-uk-ets-order" eId="term-uk-ets-order">UK ETS Order</term>” means the Greenhouse Gas Emissions Trading Scheme Order 2020 (<ref eId="c00189" href="http://www.legislation.gov.uk/id/uksi/2020/1265">S.I. 2020/1265</ref>).</p></content></hcontainer>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-149-5"><num>(5)</num><content><p>In determining the “<term refersTo="#term-baseline-free-allocation-percentage" eId="term-baseline-free-allocation-percentage">baseline free allocation percentage</term>” in relation to a CBAM sector, ignore any scheme year in which there were no sectoral emissions.</p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-149-6"><num>(6)</num><content><p>The Treasury may by regulations make further provision about the calculation of the sectoral domestic price.</p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-149-7"><num>(7)</num><intro><p>In this section—</p></intro><level class="para1" eId="section-149-7-a"><num>(a)</num><content><p>references to a good falling within a CBAM sector are references to the good falling within one of the commodity codes comprising the sector;</p></content></level><level class="para1" eId="section-149-7-b"><num>(b)</num><content><p>references to emissions are references to tonnes of carbon dioxide equivalent emissions;</p></content></level><level class="para1" eId="section-149-7-c"><num>(c)</num><content><p>references to regulated activities carried out to produce goods include regulated activities consisting in the production of heating and cooling consumed during the regulated activities.</p></content></level></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-149-7-a"><num>(a)</num><content><p>references to a good falling within a CBAM sector are references to the good falling within one of the commodity codes comprising the sector;</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-149-7-b"><num>(b)</num><content><p>references to emissions are references to tonnes of carbon dioxide equivalent emissions;</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-149-7-c"><num>(c)</num><content><p>references to regulated activities carried out to produce goods include regulated activities consisting in the production of heating and cooling consumed during the regulated activities.</p></content></level>
<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-150"><num>150</num><heading>Carbon price relief</heading><subsection eId="section-150-1"><num>(1)</num><intro><p>The amount of CBAM charged on emissions may be reduced under this section if another monetary amount is payable in relation to the emissions, whether the amount is—</p></intro><level class="para1" eId="section-150-1-a"><num>(a)</num><content><p>in the form of taxation,</p></content></level><level class="para1" eId="section-150-1-b"><num>(b)</num><content><p>in exchange for allowances (however expressed) under an emissions trading scheme, or</p></content></level><level class="para1" eId="section-150-1-c"><num>(c)</num><content><p>required to be paid under the law of a country or territory in connection with the importation of goods into the country or territory.</p></content></level></subsection><subsection eId="section-150-2"><num>(2)</num><intro><p>The Treasury may by regulations make provision about relief under this section, including provision—</p></intro><level class="para1" eId="section-150-2-a"><num>(a)</num><content><p>describing which monetary amounts may generate relief,</p></content></level><level class="para1" eId="section-150-2-b"><num>(b)</num><content><p>about when a monetary amount is to be treated as being payable in relation to emissions, and how the emissions are to be identified, and</p></content></level><level class="para1" eId="section-150-2-c"><num>(c)</num><content><p>about determining the amount of relief.</p></content></level></subsection><subsection eId="section-150-3"><num>(3)</num><content><p>In <ref href="#part-5">this Part</ref>, “<term refersTo="#term-carbon-price" eId="term-carbon-price">carbon price</term>” means a monetary amount of a kind described in regulations under <ref href="#section-150-2">subsection (2)</ref><ref href="#section-150-2-a">(a)</ref>.</p></content></subsection><subsection eId="section-150-4"><num>(4)</num><intro><p>Regulations under <ref href="#section-150-2">subsection (2)</ref> may (among other things) make provision—</p></intro><level class="para1" eId="section-150-4-a"><num>(a)</num><content><p>for the amount of relief to be determined by reference to averages, estimates, assumptions or by reference to information provided by a third party;</p></content></level><level class="para1" eId="section-150-4-b"><num>(b)</num><content><p>to take account of other reliefs, allowances, offsets or similar relating to a carbon price;</p></content></level><level class="para1" eId="section-150-4-c"><num>(c)</num><content><p>about cases where two or more carbon prices are payable in relation to the same emissions;</p></content></level><level class="para1" eId="section-150-4-d"><num>(d)</num><content><p>for the amount of relief to differ depending on where the carbon price is payable;</p></content></level><level class="para1" eId="section-150-4-e"><num>(e)</num><content><p>specifying periods by reference to which calculations or measurements are to be made.</p></content></level></subsection><subsection eId="section-150-5"><num>(5)</num><intro><p>In this section, references to an amount being payable in relation to emissions includes a reference to—</p></intro><level class="para1" eId="section-150-5-a"><num>(a)</num><content><p>an amount that indirectly relates to emissions, and</p></content></level><level class="para1" eId="section-150-5-b"><num>(b)</num><content><p>an amount having been payable, or that is going to become payable, in relation to emissions.</p></content></level></subsection></section>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-150-1"><num>(1)</num><intro><p>The amount of CBAM charged on emissions may be reduced under this section if another monetary amount is payable in relation to the emissions, whether the amount is—</p></intro><level class="para1" eId="section-150-1-a"><num>(a)</num><content><p>in the form of taxation,</p></content></level><level class="para1" eId="section-150-1-b"><num>(b)</num><content><p>in exchange for allowances (however expressed) under an emissions trading scheme, or</p></content></level><level class="para1" eId="section-150-1-c"><num>(c)</num><content><p>required to be paid under the law of a country or territory in connection with the importation of goods into the country or territory.</p></content></level></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-150-1-a"><num>(a)</num><content><p>in the form of taxation,</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-150-1-b"><num>(b)</num><content><p>in exchange for allowances (however expressed) under an emissions trading scheme, or</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-150-1-c"><num>(c)</num><content><p>required to be paid under the law of a country or territory in connection with the importation of goods into the country or territory.</p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-150-2"><num>(2)</num><intro><p>The Treasury may by regulations make provision about relief under this section, including provision—</p></intro><level class="para1" eId="section-150-2-a"><num>(a)</num><content><p>describing which monetary amounts may generate relief,</p></content></level><level class="para1" eId="section-150-2-b"><num>(b)</num><content><p>about when a monetary amount is to be treated as being payable in relation to emissions, and how the emissions are to be identified, and</p></content></level><level class="para1" eId="section-150-2-c"><num>(c)</num><content><p>about determining the amount of relief.</p></content></level></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-150-2-a"><num>(a)</num><content><p>describing which monetary amounts may generate relief,</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-150-2-b"><num>(b)</num><content><p>about when a monetary amount is to be treated as being payable in relation to emissions, and how the emissions are to be identified, and</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-150-2-c"><num>(c)</num><content><p>about determining the amount of relief.</p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-150-3"><num>(3)</num><content><p>In <ref href="#part-5">this Part</ref>, “<term refersTo="#term-carbon-price" eId="term-carbon-price">carbon price</term>” means a monetary amount of a kind described in regulations under <ref href="#section-150-2">subsection (2)</ref><ref href="#section-150-2-a">(a)</ref>.</p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-150-4"><num>(4)</num><intro><p>Regulations under <ref href="#section-150-2">subsection (2)</ref> may (among other things) make provision—</p></intro><level class="para1" eId="section-150-4-a"><num>(a)</num><content><p>for the amount of relief to be determined by reference to averages, estimates, assumptions or by reference to information provided by a third party;</p></content></level><level class="para1" eId="section-150-4-b"><num>(b)</num><content><p>to take account of other reliefs, allowances, offsets or similar relating to a carbon price;</p></content></level><level class="para1" eId="section-150-4-c"><num>(c)</num><content><p>about cases where two or more carbon prices are payable in relation to the same emissions;</p></content></level><level class="para1" eId="section-150-4-d"><num>(d)</num><content><p>for the amount of relief to differ depending on where the carbon price is payable;</p></content></level><level class="para1" eId="section-150-4-e"><num>(e)</num><content><p>specifying periods by reference to which calculations or measurements are to be made.</p></content></level></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-150-4-a"><num>(a)</num><content><p>for the amount of relief to be determined by reference to averages, estimates, assumptions or by reference to information provided by a third party;</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-150-4-b"><num>(b)</num><content><p>to take account of other reliefs, allowances, offsets or similar relating to a carbon price;</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-150-4-c"><num>(c)</num><content><p>about cases where two or more carbon prices are payable in relation to the same emissions;</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-150-4-d"><num>(d)</num><content><p>for the amount of relief to differ depending on where the carbon price is payable;</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-150-4-e"><num>(e)</num><content><p>specifying periods by reference to which calculations or measurements are to be made.</p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-150-5"><num>(5)</num><intro><p>In this section, references to an amount being payable in relation to emissions includes a reference to—</p></intro><level class="para1" eId="section-150-5-a"><num>(a)</num><content><p>an amount that indirectly relates to emissions, and</p></content></level><level class="para1" eId="section-150-5-b"><num>(b)</num><content><p>an amount having been payable, or that is going to become payable, in relation to emissions.</p></content></level></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-150-5-a"><num>(a)</num><content><p>an amount that indirectly relates to emissions, and</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-150-5-b"><num>(b)</num><content><p>an amount having been payable, or that is going to become payable, in relation to emissions.</p></content></level>
<hcontainer xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" name="crossheading" ukl:Name="Pblock" eId="part-5-crossheading-administration-and-enforcement"><heading>Administration and enforcement</heading><section eId="section-151"><num>151</num><heading>Administration and enforcement</heading><content><p><ref href="#schedule-17">Schedule 17</ref> makes provision for the administration and enforcement of CBAM.</p></content></section><section eId="section-152"><num>152</num><heading>Criminal offences</heading><content><p><ref href="#schedule-18">Schedule 18</ref> makes provision for criminal offences relating to CBAM and about proceedings for those offences.</p></content></section></hcontainer>
<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-151"><num>151</num><heading>Administration and enforcement</heading><content><p><ref href="#schedule-17">Schedule 17</ref> makes provision for the administration and enforcement of CBAM.</p></content></section>
<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-152"><num>152</num><heading>Criminal offences</heading><content><p><ref href="#schedule-18">Schedule 18</ref> makes provision for criminal offences relating to CBAM and about proceedings for those offences.</p></content></section>
<hcontainer xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" name="crossheading" ukl:Name="Pblock" eId="part-5-crossheading-general"><heading>General</heading><section eId="section-153"><num>153</num><heading>Supplementary amendments</heading><content><p><ref href="#schedule-19">Schedule 19</ref> contains supplementary amendments of other legislation.</p></content></section><section eId="section-154"><num>154</num><heading>Emissions: meaning etc</heading><subsection eId="section-154-1"><num>(1)</num><content><p>In this Part, “<term refersTo="#term-emissions" eId="term-emissions">emissions</term>” means emissions of greenhouse gases (within the meaning of section 92 of the Climate Change Act 2008) into the atmosphere that are attributable to human activity.</p></content></subsection><subsection eId="section-154-2"><num>(2)</num><content><p>For the purposes of this Part, “emissions” are determined or expressed in tonnes of carbon dioxide equivalent.</p></content></subsection><subsection eId="section-154-3"><num>(3)</num><content><p>In this Part, a “<term refersTo="#term-tonne-of-carbon-dioxide-equivalent" eId="term-tonne-of-carbon-dioxide-equivalent">tonne of carbon dioxide equivalent</term>” means one metric tonne of carbon dioxide or an amount of any other greenhouse gas with an equivalent global warming potential.</p></content></subsection><subsection eId="section-154-4"><num>(4)</num><content><p>The Commissioners may by regulations make provision setting, or about the determination of, such amounts.</p></content></subsection></section><section eId="section-155"><num>155</num><heading>Interpretation</heading><subsection eId="section-155-1"><num>(1)</num><intro><p>In this Part—</p></intro><hcontainer name="definition"><content><p>“<term refersTo="#term-business" eId="term-business">business</term>” includes any activity of a government department or other public authority, or of a charity, that is carried out for commercial purposes;</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-cbam-good" eId="term-cbam-good">CBAM good</term>”: see <ref href="#section-143">section 143</ref>;</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-the-commissioners" eId="term-the-commissioners">the Commissioners</term>” means the Commissioners for His Majesty’s Revenue and Customs;</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-the-customs-and-excise-acts" eId="term-the-customs-and-excise-acts">the customs and excise Acts</term>” has the meaning given by section 1 of CEMA 1979;</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-emissions" eId="term-emissions">emissions</term>”: see <ref href="#section-154">section 154</ref>;</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-hmrc" eId="term-hmrc">HMRC</term>” means His Majesty’s Revenue and Customs;</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-import" eId="term-import">import</term>”: see <ref href="#section-144">section 144</ref>;</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-import-duty" eId="term-import-duty">import duty</term>” has the meaning given by section 1 of TCTA 2018;</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-importer" eId="term-importer">importer</term>”: see <ref href="#section-146">section 146</ref>;</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-registered-person" eId="term-registered-person">registered person</term>” and “registrable person”: see <ref href="#schedule-17-paragraph-2">paragraph 2</ref><ref href="#schedule-17-paragraph-2-10">(10)</ref> of <ref href="#schedule-17">Schedule 17</ref>;</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-tonne-of-carbon-dioxide-equivalent" eId="term-tonne-of-carbon-dioxide-equivalent">tonne of carbon dioxide equivalent</term>” see <ref href="#section-154">section 154</ref>;</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-ucc-2013" eId="term-ucc-2013">UCC 2013</term>” means <ref eId="c00190" href="http://www.legislation.gov.uk/european/regulation/2013/0952">Regulation (EU) No 952/2013</ref> of the European Parliament and of the Council of 9 October 2013 laying down the Union Customs Code, as it has effect by virtue of section 7A of the European Union (Withdrawal) Act 2018;</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-uk-emissions-trading-scheme" eId="term-uk-emissions-trading-scheme">UK Emissions Trading Scheme</term>” has the meaning given in Article 16 of the Greenhouse Gas Emissions Trading Order 2020 (<ref eId="c00191" href="http://www.legislation.gov.uk/id/uksi/2020/1265">S.I. 2020/1265</ref>);</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-union-good" eId="term-union-good">Union good</term>” has the meaning given by Article 5(23) of UCC 2013;</p></content></hcontainer><hcontainer name="definition"><intro><p>“<term refersTo="#term-working-day" eId="term-working-day">working day</term>” means any day other than—</p></intro><level class="para1"><num>(a)</num><content><p>a Saturday or Sunday, or</p></content></level><level class="para1"><num>(b)</num><content><p>a day that is a bank holiday in any part of the United Kingdom under the Banking and Financial Dealings Act 1971.</p></content></level></hcontainer></subsection><subsection eId="section-155-2"><num>(2)</num><intro><p>In this Part—</p></intro><level class="para1" eId="section-155-2-a"><num>(a)</num><content><p>a person imports a CBAM good only if the person is “the importer” of the good (within the meaning of <ref href="#section-146">section 146</ref>);</p></content></level><level class="para1" eId="section-155-2-b"><num>(b)</num><content><p>references to the production of goods include the manufacture of goods;</p></content></level><level class="para1" eId="section-155-2-c"><num>(c)</num><content><p>references to the processing of goods have the same meaning as in TCTA 2018 (see section 37(4) of that Act).</p></content></level></subsection><subsection eId="section-155-3"><num>(3)</num><content><p>The Treasury may by regulations make such amendments to this Part as they consider appropriate in consequence of UCC 2013, or any legislation replacing it, being amended or replaced.</p></content></subsection></section><section eId="section-156"><num>156</num><heading>Power to make provision for linked emissions trading schemes</heading><subsection eId="section-156-1"><num>(1)</num><intro><p>The Treasury may by regulations amend this Part for the purpose of—</p></intro><level class="para1" eId="section-156-1-a"><num>(a)</num><content><p>excluding emissions embodied in goods that originate from a country or territory with a linked emissions trading scheme from the charge to CBAM;</p></content></level><level class="para1" eId="section-156-1-b"><num>(b)</num><content><p>providing that such goods are to be disregarded when calculating the aggregate value of imports for the purposes of Part 2 of Schedule 2 (registration).</p></content></level></subsection><subsection eId="section-156-2"><num>(2)</num><intro><p>In this section, “<term refersTo="#term-a-country-or-territory-with-a-linked-emissions-trading-scheme" eId="term-a-country-or-territory-with-a-linked-emissions-trading-scheme">a country or territory with a linked emissions trading scheme</term>” means—</p></intro><level class="para1" eId="section-156-2-a"><num>(a)</num><content><p>a country or territory that has entered into arrangements with the United Kingdom for the purpose of linking its emissions trading scheme with the UK Emissions Trading Scheme, or</p></content></level><level class="para1" eId="section-156-2-b"><num>(b)</num><content><p>a country or territory that has entered into arrangements with a country or territory of a kind referred to in paragraph (a) for the purpose of linking its emissions trading scheme with that country or territory’s emissions trading scheme.</p></content></level></subsection></section><section eId="section-157"><num>157</num><heading>Regulations and notices</heading><subsection eId="section-157-1"><num>(1)</num><intro><p>Regulations under this Part—</p></intro><level class="para1" eId="section-157-1-a"><num>(a)</num><content><p>may make different provision for different purposes;</p></content></level><level class="para1" eId="section-157-1-b"><num>(b)</num><content><p>may include incidental, consequential, supplementary or transitional provision.</p></content></level></subsection><subsection eId="section-157-2"><num>(2)</num><intro><p>Regulations under this Part may make provision by reference to things specified in a notice that is—</p></intro><level class="para1" eId="section-157-2-a"><num>(a)</num><content><p>published by the Treasury or the Commissioners in accordance with the regulations, and</p></content></level><level class="para1" eId="section-157-2-b"><num>(b)</num><content><p>not withdrawn by a further notice.</p></content></level></subsection><subsection eId="section-157-3"><num>(3)</num><content><p>Regulations under this Part are to be made by statutory instrument.</p></content></subsection><subsection eId="section-157-4"><num>(4)</num><content><p>A statutory instrument containing regulations under section <ref href="#section-156">156</ref><ref href="#section-156-1">(1)</ref> (linked emission trading schemes) is subject to the affirmative procedure.</p></content></subsection><subsection eId="section-157-5"><num>(5)</num><intro><p>A statutory instrument containing regulations under any of the following provisions is subject to the made affirmative procedure—</p></intro><level class="para1" eId="section-157-5-a"><num>(a)</num><content><p><ref href="#section-149">section 149</ref><ref href="#section-149-6">(6)</ref> (rate of CBAM);</p></content></level><level class="para1" eId="section-157-5-b"><num>(b)</num><content><p>section <ref href="#section-150">150</ref><ref href="#section-150-2">(2)</ref> (carbon price relief);</p></content></level><level class="para1" eId="section-157-5-c"><num>(c)</num><content><p>paragraph <ref href="#schedule-17-paragraph-47">47</ref> of <ref href="#schedule-17">Schedule 17</ref> (amount of penalties).</p></content></level></subsection><subsection eId="section-157-6"><num>(6)</num><content><p>A statutory instrument containing regulations under <ref href="#schedule-16-paragraph-2">paragraph 2</ref><ref href="#schedule-16-paragraph-2-3">(3)</ref> of <ref href="#schedule-16">Schedule 16</ref> and under section 8 of TCTA 2018 is subject to the procedure under section 32 of TCTA 2018 that applies by virtue of the instrument containing regulations section 8 of TCTA 2018.</p></content></subsection><subsection eId="section-157-7"><num>(7)</num><content><p>A statutory instrument containing regulations under this Part, other than regulations in respect of which subsection <ref href="#section-157-4">(4)</ref>, <ref href="#section-157-5">(5)</ref> or <ref href="#section-157-6">(6)</ref> applies, is subject to the negative procedure.</p></content></subsection><subsection eId="section-157-8"><num>(8)</num><content><p>Subsection <ref href="#section-157-7">(7)</ref> does not apply to a statutory instrument containing only regulations under section <ref href="#section-158">158</ref> (transitory provision).</p></content></subsection><subsection eId="section-157-9"><num>(9)</num><content><p>Where a statutory instrument is subject to the affirmative procedure, it may not be made unless a draft of the instrument has been laid before and approved by a resolution of the House of Commons.</p></content></subsection><subsection eId="section-157-10"><num>(10)</num><intro><p>Where a statutory instrument is subject to the made affirmative procedure—</p></intro><level class="para1" eId="section-157-10-a"><num>(a)</num><content><p>it must be laid before the House of Commons after being made, and</p></content></level><level class="para1" eId="section-157-10-b"><num>(b)</num><content><p>it ceases to have effect at the end of the period of 28 days beginning with the day on which the instrument is made, unless within that period the instrument is approved by a resolution of the House of Commons.</p></content></level></subsection><subsection eId="section-157-11"><num>(11)</num><content><p>Where a statutory instrument is subject to the negative procedure, it is subject to annulment in pursuance of a resolution of the House of Commons.</p></content></subsection><subsection eId="section-157-12"><num>(12)</num><intro><p>Where a statutory instrument ceases to have effect as a result of <ref href="#section-157-10">subsection (10)</ref>, that does not—</p></intro><level class="para1" eId="section-157-12-a"><num>(a)</num><content><p>affect the validity of anything previously done under the instrument, or</p></content></level><level class="para1" eId="section-157-12-b"><num>(b)</num><content><p>prevent the making of a new statutory instrument.</p></content></level></subsection><subsection eId="section-157-13"><num>(13)</num><intro><p>In calculating the period of 28 days for the purposes of <ref href="#section-157-10">subsection (10)</ref>, no account is to be taken of any whole days that fall within a period during which—</p></intro><level class="para1" eId="section-157-13-a"><num>(a)</num><content><p>Parliament is dissolved or prorogued, or</p></content></level><level class="para1" eId="section-157-13-b"><num>(b)</num><content><p>the House of Commons is adjourned for more than 4 days.</p></content></level></subsection><subsection eId="section-157-14"><num>(14)</num><content><p>Any provision that may be included in regulations in a statutory instrument under this Part subject to the negative procedure may be included in regulations in a statutory instrument subject to the affirmative procedure or the made affirmative procedure.</p></content></subsection><subsection eId="section-157-15"><num>(15)</num><content><p>Any provision that may be included in regulations in a statutory instrument under this Part subject to the made affirmative procedure may be included in regulations in a statutory instrument subject to the affirmative procedure.</p></content></subsection><subsection eId="section-157-16"><num>(16)</num><intro><p>A notice published by the Treasury or the Commissioners under this Part—</p></intro><level class="para1" eId="section-157-16-a"><num>(a)</num><content><p>may be amended or withdrawn by a further notice;</p></content></level><level class="para1" eId="section-157-16-b"><num>(b)</num><content><p>may include provision mentioned in <ref href="#section-157-1">subsection (1)</ref><ref href="#section-157-1-a">(a)</ref> and <ref href="#section-157-1-b">(b)</ref>.</p></content></level></subsection></section><section eId="section-158"><num>158</num><heading>Commencement and transitory provision</heading><subsection eId="section-158-1"><num>(1)</num><content><p>This Part has effect in relation to goods imported into the United Kingdom on or after 1 January 2027.</p></content></subsection><subsection eId="section-158-2"><num>(2)</num><intro><p>The Treasury may by regulations modify the effect of—</p></intro><level class="para1" eId="section-158-2-a"><num>(a)</num><content><p><ref href="#schedule-17-paragraph-2">paragraph 2</ref><ref href="#schedule-17-paragraph-2-4">(4)</ref> of <ref href="#schedule-17">Schedule 17</ref> as regards any person who triggers registration in 2027 or 2028;</p></content></level><level class="para1" eId="section-158-2-b"><num>(b)</num><content><p><ref href="#schedule-17-paragraph-6">paragraph 6</ref><ref href="#schedule-17-paragraph-6-2">(2)</ref> or <ref href="#schedule-17-paragraph-6-3">(3)</ref> or <ref href="#schedule-17-paragraph-7">7</ref><ref href="#schedule-17-paragraph-7-2">(2)</ref> for the purposes of any accounting period in respect of CBAM falling in 2027 or 2028.</p></content></level></subsection><subsection eId="section-158-3"><num>(3)</num><content><p>Provision included in regulations under <ref href="#section-158">this section</ref> by virtue of <ref href="#section-157">section 157</ref><ref href="#section-157-1">(1)</ref><ref href="#section-157-1-b">(b)</ref> may modify the effect of any enactment.</p></content></subsection></section></hcontainer>
<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-153"><num>153</num><heading>Supplementary amendments</heading><content><p><ref href="#schedule-19">Schedule 19</ref> contains supplementary amendments of other legislation.</p></content></section>
<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-154"><num>154</num><heading>Emissions: meaning etc</heading><subsection eId="section-154-1"><num>(1)</num><content><p>In this Part, “<term refersTo="#term-emissions" eId="term-emissions">emissions</term>” means emissions of greenhouse gases (within the meaning of section 92 of the Climate Change Act 2008) into the atmosphere that are attributable to human activity.</p></content></subsection><subsection eId="section-154-2"><num>(2)</num><content><p>For the purposes of this Part, “emissions” are determined or expressed in tonnes of carbon dioxide equivalent.</p></content></subsection><subsection eId="section-154-3"><num>(3)</num><content><p>In this Part, a “<term refersTo="#term-tonne-of-carbon-dioxide-equivalent" eId="term-tonne-of-carbon-dioxide-equivalent">tonne of carbon dioxide equivalent</term>” means one metric tonne of carbon dioxide or an amount of any other greenhouse gas with an equivalent global warming potential.</p></content></subsection><subsection eId="section-154-4"><num>(4)</num><content><p>The Commissioners may by regulations make provision setting, or about the determination of, such amounts.</p></content></subsection></section>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-154-1"><num>(1)</num><content><p>In this Part, “<term refersTo="#term-emissions" eId="term-emissions">emissions</term>” means emissions of greenhouse gases (within the meaning of section 92 of the Climate Change Act 2008) into the atmosphere that are attributable to human activity.</p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-154-2"><num>(2)</num><content><p>For the purposes of this Part, “emissions” are determined or expressed in tonnes of carbon dioxide equivalent.</p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-154-3"><num>(3)</num><content><p>In this Part, a “<term refersTo="#term-tonne-of-carbon-dioxide-equivalent" eId="term-tonne-of-carbon-dioxide-equivalent">tonne of carbon dioxide equivalent</term>” means one metric tonne of carbon dioxide or an amount of any other greenhouse gas with an equivalent global warming potential.</p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-154-4"><num>(4)</num><content><p>The Commissioners may by regulations make provision setting, or about the determination of, such amounts.</p></content></subsection>
<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-155"><num>155</num><heading>Interpretation</heading><subsection eId="section-155-1"><num>(1)</num><intro><p>In this Part—</p></intro><hcontainer name="definition"><content><p>“<term refersTo="#term-business" eId="term-business">business</term>” includes any activity of a government department or other public authority, or of a charity, that is carried out for commercial purposes;</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-cbam-good" eId="term-cbam-good">CBAM good</term>”: see <ref href="#section-143">section 143</ref>;</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-the-commissioners" eId="term-the-commissioners">the Commissioners</term>” means the Commissioners for His Majesty’s Revenue and Customs;</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-the-customs-and-excise-acts" eId="term-the-customs-and-excise-acts">the customs and excise Acts</term>” has the meaning given by section 1 of CEMA 1979;</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-emissions" eId="term-emissions">emissions</term>”: see <ref href="#section-154">section 154</ref>;</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-hmrc" eId="term-hmrc">HMRC</term>” means His Majesty’s Revenue and Customs;</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-import" eId="term-import">import</term>”: see <ref href="#section-144">section 144</ref>;</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-import-duty" eId="term-import-duty">import duty</term>” has the meaning given by section 1 of TCTA 2018;</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-importer" eId="term-importer">importer</term>”: see <ref href="#section-146">section 146</ref>;</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-registered-person" eId="term-registered-person">registered person</term>” and “registrable person”: see <ref href="#schedule-17-paragraph-2">paragraph 2</ref><ref href="#schedule-17-paragraph-2-10">(10)</ref> of <ref href="#schedule-17">Schedule 17</ref>;</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-tonne-of-carbon-dioxide-equivalent" eId="term-tonne-of-carbon-dioxide-equivalent">tonne of carbon dioxide equivalent</term>” see <ref href="#section-154">section 154</ref>;</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-ucc-2013" eId="term-ucc-2013">UCC 2013</term>” means <ref eId="c00190" href="http://www.legislation.gov.uk/european/regulation/2013/0952">Regulation (EU) No 952/2013</ref> of the European Parliament and of the Council of 9 October 2013 laying down the Union Customs Code, as it has effect by virtue of section 7A of the European Union (Withdrawal) Act 2018;</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-uk-emissions-trading-scheme" eId="term-uk-emissions-trading-scheme">UK Emissions Trading Scheme</term>” has the meaning given in Article 16 of the Greenhouse Gas Emissions Trading Order 2020 (<ref eId="c00191" href="http://www.legislation.gov.uk/id/uksi/2020/1265">S.I. 2020/1265</ref>);</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-union-good" eId="term-union-good">Union good</term>” has the meaning given by Article 5(23) of UCC 2013;</p></content></hcontainer><hcontainer name="definition"><intro><p>“<term refersTo="#term-working-day" eId="term-working-day">working day</term>” means any day other than—</p></intro><level class="para1"><num>(a)</num><content><p>a Saturday or Sunday, or</p></content></level><level class="para1"><num>(b)</num><content><p>a day that is a bank holiday in any part of the United Kingdom under the Banking and Financial Dealings Act 1971.</p></content></level></hcontainer></subsection><subsection eId="section-155-2"><num>(2)</num><intro><p>In this Part—</p></intro><level class="para1" eId="section-155-2-a"><num>(a)</num><content><p>a person imports a CBAM good only if the person is “the importer” of the good (within the meaning of <ref href="#section-146">section 146</ref>);</p></content></level><level class="para1" eId="section-155-2-b"><num>(b)</num><content><p>references to the production of goods include the manufacture of goods;</p></content></level><level class="para1" eId="section-155-2-c"><num>(c)</num><content><p>references to the processing of goods have the same meaning as in TCTA 2018 (see section 37(4) of that Act).</p></content></level></subsection><subsection eId="section-155-3"><num>(3)</num><content><p>The Treasury may by regulations make such amendments to this Part as they consider appropriate in consequence of UCC 2013, or any legislation replacing it, being amended or replaced.</p></content></subsection></section>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-155-1"><num>(1)</num><intro><p>In this Part—</p></intro><hcontainer name="definition"><content><p>“<term refersTo="#term-business" eId="term-business">business</term>” includes any activity of a government department or other public authority, or of a charity, that is carried out for commercial purposes;</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-cbam-good" eId="term-cbam-good">CBAM good</term>”: see <ref href="#section-143">section 143</ref>;</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-the-commissioners" eId="term-the-commissioners">the Commissioners</term>” means the Commissioners for His Majesty’s Revenue and Customs;</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-the-customs-and-excise-acts" eId="term-the-customs-and-excise-acts">the customs and excise Acts</term>” has the meaning given by section 1 of CEMA 1979;</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-emissions" eId="term-emissions">emissions</term>”: see <ref href="#section-154">section 154</ref>;</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-hmrc" eId="term-hmrc">HMRC</term>” means His Majesty’s Revenue and Customs;</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-import" eId="term-import">import</term>”: see <ref href="#section-144">section 144</ref>;</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-import-duty" eId="term-import-duty">import duty</term>” has the meaning given by section 1 of TCTA 2018;</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-importer" eId="term-importer">importer</term>”: see <ref href="#section-146">section 146</ref>;</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-registered-person" eId="term-registered-person">registered person</term>” and “registrable person”: see <ref href="#schedule-17-paragraph-2">paragraph 2</ref><ref href="#schedule-17-paragraph-2-10">(10)</ref> of <ref href="#schedule-17">Schedule 17</ref>;</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-tonne-of-carbon-dioxide-equivalent" eId="term-tonne-of-carbon-dioxide-equivalent">tonne of carbon dioxide equivalent</term>” see <ref href="#section-154">section 154</ref>;</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-ucc-2013" eId="term-ucc-2013">UCC 2013</term>” means <ref eId="c00190" href="http://www.legislation.gov.uk/european/regulation/2013/0952">Regulation (EU) No 952/2013</ref> of the European Parliament and of the Council of 9 October 2013 laying down the Union Customs Code, as it has effect by virtue of section 7A of the European Union (Withdrawal) Act 2018;</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-uk-emissions-trading-scheme" eId="term-uk-emissions-trading-scheme">UK Emissions Trading Scheme</term>” has the meaning given in Article 16 of the Greenhouse Gas Emissions Trading Order 2020 (<ref eId="c00191" href="http://www.legislation.gov.uk/id/uksi/2020/1265">S.I. 2020/1265</ref>);</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-union-good" eId="term-union-good">Union good</term>” has the meaning given by Article 5(23) of UCC 2013;</p></content></hcontainer><hcontainer name="definition"><intro><p>“<term refersTo="#term-working-day" eId="term-working-day">working day</term>” means any day other than—</p></intro><level class="para1"><num>(a)</num><content><p>a Saturday or Sunday, or</p></content></level><level class="para1"><num>(b)</num><content><p>a day that is a bank holiday in any part of the United Kingdom under the Banking and Financial Dealings Act 1971.</p></content></level></hcontainer></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" class="para1"><num>(c)</num><content><p>where the provision referred to in subsection <ref href="#section-209-1">(1)</ref><ref href="#section-209-1-a">(a)</ref> is <ref eId="c00277" href="https://www.legislation.gov.uk/ukpga/2022/3/section/86">section 86</ref> of <ref eId="c00278" href="https://www.legislation.gov.uk/ukpga/2022/3/contents">FA 2022</ref>—</p><blockList class="ordered roman parens" ukl:Name="OrderedList" ukl:Type="roman" ukl:Decoration="parens"><item><num>(i)</num><p>in subsection <ref href="#section-209-1">(1)</ref><ref href="#section-209-1-a">(a)</ref>, an officer of Revenue and Customs;</p></item><item><num>(ii)</num><p>in subsections <ref href="#section-209-3">(3)</ref> and <ref href="#section-209-4">(4)</ref>, an authorised officer as defined for the purposes of that section;</p></item></blockList></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-155-2"><num>(2)</num><intro><p>In this Part—</p></intro><level class="para1" eId="section-155-2-a"><num>(a)</num><content><p>a person imports a CBAM good only if the person is “the importer” of the good (within the meaning of <ref href="#section-146">section 146</ref>);</p></content></level><level class="para1" eId="section-155-2-b"><num>(b)</num><content><p>references to the production of goods include the manufacture of goods;</p></content></level><level class="para1" eId="section-155-2-c"><num>(c)</num><content><p>references to the processing of goods have the same meaning as in TCTA 2018 (see section 37(4) of that Act).</p></content></level></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-155-2-a"><num>(a)</num><content><p>a person imports a CBAM good only if the person is “the importer” of the good (within the meaning of <ref href="#section-146">section 146</ref>);</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-155-2-b"><num>(b)</num><content><p>references to the production of goods include the manufacture of goods;</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-155-2-c"><num>(c)</num><content><p>references to the processing of goods have the same meaning as in TCTA 2018 (see section 37(4) of that Act).</p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-155-3"><num>(3)</num><content><p>The Treasury may by regulations make such amendments to this Part as they consider appropriate in consequence of UCC 2013, or any legislation replacing it, being amended or replaced.</p></content></subsection>
<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-156"><num>156</num><heading>Power to make provision for linked emissions trading schemes</heading><subsection eId="section-156-1"><num>(1)</num><intro><p>The Treasury may by regulations amend this Part for the purpose of—</p></intro><level class="para1" eId="section-156-1-a"><num>(a)</num><content><p>excluding emissions embodied in goods that originate from a country or territory with a linked emissions trading scheme from the charge to CBAM;</p></content></level><level class="para1" eId="section-156-1-b"><num>(b)</num><content><p>providing that such goods are to be disregarded when calculating the aggregate value of imports for the purposes of Part 2 of Schedule 2 (registration).</p></content></level></subsection><subsection eId="section-156-2"><num>(2)</num><intro><p>In this section, “<term refersTo="#term-a-country-or-territory-with-a-linked-emissions-trading-scheme" eId="term-a-country-or-territory-with-a-linked-emissions-trading-scheme">a country or territory with a linked emissions trading scheme</term>” means—</p></intro><level class="para1" eId="section-156-2-a"><num>(a)</num><content><p>a country or territory that has entered into arrangements with the United Kingdom for the purpose of linking its emissions trading scheme with the UK Emissions Trading Scheme, or</p></content></level><level class="para1" eId="section-156-2-b"><num>(b)</num><content><p>a country or territory that has entered into arrangements with a country or territory of a kind referred to in paragraph (a) for the purpose of linking its emissions trading scheme with that country or territory’s emissions trading scheme.</p></content></level></subsection></section>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-156-1"><num>(1)</num><intro><p>The Treasury may by regulations amend this Part for the purpose of—</p></intro><level class="para1" eId="section-156-1-a"><num>(a)</num><content><p>excluding emissions embodied in goods that originate from a country or territory with a linked emissions trading scheme from the charge to CBAM;</p></content></level><level class="para1" eId="section-156-1-b"><num>(b)</num><content><p>providing that such goods are to be disregarded when calculating the aggregate value of imports for the purposes of Part 2 of Schedule 2 (registration).</p></content></level></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-156-1-a"><num>(a)</num><content><p>excluding emissions embodied in goods that originate from a country or territory with a linked emissions trading scheme from the charge to CBAM;</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-156-1-b"><num>(b)</num><content><p>providing that such goods are to be disregarded when calculating the aggregate value of imports for the purposes of Part 2 of Schedule 2 (registration).</p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-156-2"><num>(2)</num><intro><p>In this section, “<term refersTo="#term-a-country-or-territory-with-a-linked-emissions-trading-scheme" eId="term-a-country-or-territory-with-a-linked-emissions-trading-scheme">a country or territory with a linked emissions trading scheme</term>” means—</p></intro><level class="para1" eId="section-156-2-a"><num>(a)</num><content><p>a country or territory that has entered into arrangements with the United Kingdom for the purpose of linking its emissions trading scheme with the UK Emissions Trading Scheme, or</p></content></level><level class="para1" eId="section-156-2-b"><num>(b)</num><content><p>a country or territory that has entered into arrangements with a country or territory of a kind referred to in paragraph (a) for the purpose of linking its emissions trading scheme with that country or territory’s emissions trading scheme.</p></content></level></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-156-2-a"><num>(a)</num><content><p>a country or territory that has entered into arrangements with the United Kingdom for the purpose of linking its emissions trading scheme with the UK Emissions Trading Scheme, or</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-156-2-b"><num>(b)</num><content><p>a country or territory that has entered into arrangements with a country or territory of a kind referred to in paragraph (a) for the purpose of linking its emissions trading scheme with that country or territory’s emissions trading scheme.</p></content></level>
<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-157"><num>157</num><heading>Regulations and notices</heading><subsection eId="section-157-1"><num>(1)</num><intro><p>Regulations under this Part—</p></intro><level class="para1" eId="section-157-1-a"><num>(a)</num><content><p>may make different provision for different purposes;</p></content></level><level class="para1" eId="section-157-1-b"><num>(b)</num><content><p>may include incidental, consequential, supplementary or transitional provision.</p></content></level></subsection><subsection eId="section-157-2"><num>(2)</num><intro><p>Regulations under this Part may make provision by reference to things specified in a notice that is—</p></intro><level class="para1" eId="section-157-2-a"><num>(a)</num><content><p>published by the Treasury or the Commissioners in accordance with the regulations, and</p></content></level><level class="para1" eId="section-157-2-b"><num>(b)</num><content><p>not withdrawn by a further notice.</p></content></level></subsection><subsection eId="section-157-3"><num>(3)</num><content><p>Regulations under this Part are to be made by statutory instrument.</p></content></subsection><subsection eId="section-157-4"><num>(4)</num><content><p>A statutory instrument containing regulations under section <ref href="#section-156">156</ref><ref href="#section-156-1">(1)</ref> (linked emission trading schemes) is subject to the affirmative procedure.</p></content></subsection><subsection eId="section-157-5"><num>(5)</num><intro><p>A statutory instrument containing regulations under any of the following provisions is subject to the made affirmative procedure—</p></intro><level class="para1" eId="section-157-5-a"><num>(a)</num><content><p><ref href="#section-149">section 149</ref><ref href="#section-149-6">(6)</ref> (rate of CBAM);</p></content></level><level class="para1" eId="section-157-5-b"><num>(b)</num><content><p>section <ref href="#section-150">150</ref><ref href="#section-150-2">(2)</ref> (carbon price relief);</p></content></level><level class="para1" eId="section-157-5-c"><num>(c)</num><content><p>paragraph <ref href="#schedule-17-paragraph-47">47</ref> of <ref href="#schedule-17">Schedule 17</ref> (amount of penalties).</p></content></level></subsection><subsection eId="section-157-6"><num>(6)</num><content><p>A statutory instrument containing regulations under <ref href="#schedule-16-paragraph-2">paragraph 2</ref><ref href="#schedule-16-paragraph-2-3">(3)</ref> of <ref href="#schedule-16">Schedule 16</ref> and under section 8 of TCTA 2018 is subject to the procedure under section 32 of TCTA 2018 that applies by virtue of the instrument containing regulations section 8 of TCTA 2018.</p></content></subsection><subsection eId="section-157-7"><num>(7)</num><content><p>A statutory instrument containing regulations under this Part, other than regulations in respect of which subsection <ref href="#section-157-4">(4)</ref>, <ref href="#section-157-5">(5)</ref> or <ref href="#section-157-6">(6)</ref> applies, is subject to the negative procedure.</p></content></subsection><subsection eId="section-157-8"><num>(8)</num><content><p>Subsection <ref href="#section-157-7">(7)</ref> does not apply to a statutory instrument containing only regulations under section <ref href="#section-158">158</ref> (transitory provision).</p></content></subsection><subsection eId="section-157-9"><num>(9)</num><content><p>Where a statutory instrument is subject to the affirmative procedure, it may not be made unless a draft of the instrument has been laid before and approved by a resolution of the House of Commons.</p></content></subsection><subsection eId="section-157-10"><num>(10)</num><intro><p>Where a statutory instrument is subject to the made affirmative procedure—</p></intro><level class="para1" eId="section-157-10-a"><num>(a)</num><content><p>it must be laid before the House of Commons after being made, and</p></content></level><level class="para1" eId="section-157-10-b"><num>(b)</num><content><p>it ceases to have effect at the end of the period of 28 days beginning with the day on which the instrument is made, unless within that period the instrument is approved by a resolution of the House of Commons.</p></content></level></subsection><subsection eId="section-157-11"><num>(11)</num><content><p>Where a statutory instrument is subject to the negative procedure, it is subject to annulment in pursuance of a resolution of the House of Commons.</p></content></subsection><subsection eId="section-157-12"><num>(12)</num><intro><p>Where a statutory instrument ceases to have effect as a result of <ref href="#section-157-10">subsection (10)</ref>, that does not—</p></intro><level class="para1" eId="section-157-12-a"><num>(a)</num><content><p>affect the validity of anything previously done under the instrument, or</p></content></level><level class="para1" eId="section-157-12-b"><num>(b)</num><content><p>prevent the making of a new statutory instrument.</p></content></level></subsection><subsection eId="section-157-13"><num>(13)</num><intro><p>In calculating the period of 28 days for the purposes of <ref href="#section-157-10">subsection (10)</ref>, no account is to be taken of any whole days that fall within a period during which—</p></intro><level class="para1" eId="section-157-13-a"><num>(a)</num><content><p>Parliament is dissolved or prorogued, or</p></content></level><level class="para1" eId="section-157-13-b"><num>(b)</num><content><p>the House of Commons is adjourned for more than 4 days.</p></content></level></subsection><subsection eId="section-157-14"><num>(14)</num><content><p>Any provision that may be included in regulations in a statutory instrument under this Part subject to the negative procedure may be included in regulations in a statutory instrument subject to the affirmative procedure or the made affirmative procedure.</p></content></subsection><subsection eId="section-157-15"><num>(15)</num><content><p>Any provision that may be included in regulations in a statutory instrument under this Part subject to the made affirmative procedure may be included in regulations in a statutory instrument subject to the affirmative procedure.</p></content></subsection><subsection eId="section-157-16"><num>(16)</num><intro><p>A notice published by the Treasury or the Commissioners under this Part—</p></intro><level class="para1" eId="section-157-16-a"><num>(a)</num><content><p>may be amended or withdrawn by a further notice;</p></content></level><level class="para1" eId="section-157-16-b"><num>(b)</num><content><p>may include provision mentioned in <ref href="#section-157-1">subsection (1)</ref><ref href="#section-157-1-a">(a)</ref> and <ref href="#section-157-1-b">(b)</ref>.</p></content></level></subsection></section>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-157-1"><num>(1)</num><intro><p>Regulations under this Part—</p></intro><level class="para1" eId="section-157-1-a"><num>(a)</num><content><p>may make different provision for different purposes;</p></content></level><level class="para1" eId="section-157-1-b"><num>(b)</num><content><p>may include incidental, consequential, supplementary or transitional provision.</p></content></level></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-157-1-a"><num>(a)</num><content><p>may make different provision for different purposes;</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-157-1-b"><num>(b)</num><content><p>may include incidental, consequential, supplementary or transitional provision.</p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-157-2"><num>(2)</num><intro><p>Regulations under this Part may make provision by reference to things specified in a notice that is—</p></intro><level class="para1" eId="section-157-2-a"><num>(a)</num><content><p>published by the Treasury or the Commissioners in accordance with the regulations, and</p></content></level><level class="para1" eId="section-157-2-b"><num>(b)</num><content><p>not withdrawn by a further notice.</p></content></level></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-157-2-a"><num>(a)</num><content><p>published by the Treasury or the Commissioners in accordance with the regulations, and</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-157-2-b"><num>(b)</num><content><p>not withdrawn by a further notice.</p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-157-3"><num>(3)</num><content><p>Regulations under this Part are to be made by statutory instrument.</p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-157-4"><num>(4)</num><content><p>A statutory instrument containing regulations under section <ref href="#section-156">156</ref><ref href="#section-156-1">(1)</ref> (linked emission trading schemes) is subject to the affirmative procedure.</p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-157-5"><num>(5)</num><intro><p>A statutory instrument containing regulations under any of the following provisions is subject to the made affirmative procedure—</p></intro><level class="para1" eId="section-157-5-a"><num>(a)</num><content><p><ref href="#section-149">section 149</ref><ref href="#section-149-6">(6)</ref> (rate of CBAM);</p></content></level><level class="para1" eId="section-157-5-b"><num>(b)</num><content><p>section <ref href="#section-150">150</ref><ref href="#section-150-2">(2)</ref> (carbon price relief);</p></content></level><level class="para1" eId="section-157-5-c"><num>(c)</num><content><p>paragraph <ref href="#schedule-17-paragraph-47">47</ref> of <ref href="#schedule-17">Schedule 17</ref> (amount of penalties).</p></content></level></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-157-5-a"><num>(a)</num><content><p><ref href="#section-149">section 149</ref><ref href="#section-149-6">(6)</ref> (rate of CBAM);</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-157-5-b"><num>(b)</num><content><p>section <ref href="#section-150">150</ref><ref href="#section-150-2">(2)</ref> (carbon price relief);</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-157-5-c"><num>(c)</num><content><p>paragraph <ref href="#schedule-17-paragraph-47">47</ref> of <ref href="#schedule-17">Schedule 17</ref> (amount of penalties).</p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-157-6"><num>(6)</num><content><p>A statutory instrument containing regulations under <ref href="#schedule-16-paragraph-2">paragraph 2</ref><ref href="#schedule-16-paragraph-2-3">(3)</ref> of <ref href="#schedule-16">Schedule 16</ref> and under section 8 of TCTA 2018 is subject to the procedure under section 32 of TCTA 2018 that applies by virtue of the instrument containing regulations section 8 of TCTA 2018.</p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-157-7"><num>(7)</num><content><p>A statutory instrument containing regulations under this Part, other than regulations in respect of which subsection <ref href="#section-157-4">(4)</ref>, <ref href="#section-157-5">(5)</ref> or <ref href="#section-157-6">(6)</ref> applies, is subject to the negative procedure.</p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-157-8"><num>(8)</num><content><p>Subsection <ref href="#section-157-7">(7)</ref> does not apply to a statutory instrument containing only regulations under section <ref href="#section-158">158</ref> (transitory provision).</p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-157-9"><num>(9)</num><content><p>Where a statutory instrument is subject to the affirmative procedure, it may not be made unless a draft of the instrument has been laid before and approved by a resolution of the House of Commons.</p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-157-10"><num>(10)</num><intro><p>Where a statutory instrument is subject to the made affirmative procedure—</p></intro><level class="para1" eId="section-157-10-a"><num>(a)</num><content><p>it must be laid before the House of Commons after being made, and</p></content></level><level class="para1" eId="section-157-10-b"><num>(b)</num><content><p>it ceases to have effect at the end of the period of 28 days beginning with the day on which the instrument is made, unless within that period the instrument is approved by a resolution of the House of Commons.</p></content></level></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-157-10-a"><num>(a)</num><content><p>it must be laid before the House of Commons after being made, and</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-157-10-b"><num>(b)</num><content><p>it ceases to have effect at the end of the period of 28 days beginning with the day on which the instrument is made, unless within that period the instrument is approved by a resolution of the House of Commons.</p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-157-11"><num>(11)</num><content><p>Where a statutory instrument is subject to the negative procedure, it is subject to annulment in pursuance of a resolution of the House of Commons.</p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-157-12"><num>(12)</num><intro><p>Where a statutory instrument ceases to have effect as a result of <ref href="#section-157-10">subsection (10)</ref>, that does not—</p></intro><level class="para1" eId="section-157-12-a"><num>(a)</num><content><p>affect the validity of anything previously done under the instrument, or</p></content></level><level class="para1" eId="section-157-12-b"><num>(b)</num><content><p>prevent the making of a new statutory instrument.</p></content></level></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-157-12-a"><num>(a)</num><content><p>affect the validity of anything previously done under the instrument, or</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-157-12-b"><num>(b)</num><content><p>prevent the making of a new statutory instrument.</p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-157-13"><num>(13)</num><intro><p>In calculating the period of 28 days for the purposes of <ref href="#section-157-10">subsection (10)</ref>, no account is to be taken of any whole days that fall within a period during which—</p></intro><level class="para1" eId="section-157-13-a"><num>(a)</num><content><p>Parliament is dissolved or prorogued, or</p></content></level><level class="para1" eId="section-157-13-b"><num>(b)</num><content><p>the House of Commons is adjourned for more than 4 days.</p></content></level></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-157-13-a"><num>(a)</num><content><p>Parliament is dissolved or prorogued, or</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-157-13-b"><num>(b)</num><content><p>the House of Commons is adjourned for more than 4 days.</p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-157-14"><num>(14)</num><content><p>Any provision that may be included in regulations in a statutory instrument under this Part subject to the negative procedure may be included in regulations in a statutory instrument subject to the affirmative procedure or the made affirmative procedure.</p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-157-15"><num>(15)</num><content><p>Any provision that may be included in regulations in a statutory instrument under this Part subject to the made affirmative procedure may be included in regulations in a statutory instrument subject to the affirmative procedure.</p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-157-16"><num>(16)</num><intro><p>A notice published by the Treasury or the Commissioners under this Part—</p></intro><level class="para1" eId="section-157-16-a"><num>(a)</num><content><p>may be amended or withdrawn by a further notice;</p></content></level><level class="para1" eId="section-157-16-b"><num>(b)</num><content><p>may include provision mentioned in <ref href="#section-157-1">subsection (1)</ref><ref href="#section-157-1-a">(a)</ref> and <ref href="#section-157-1-b">(b)</ref>.</p></content></level></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-157-16-a"><num>(a)</num><content><p>may be amended or withdrawn by a further notice;</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-157-16-b"><num>(b)</num><content><p>may include provision mentioned in <ref href="#section-157-1">subsection (1)</ref><ref href="#section-157-1-a">(a)</ref> and <ref href="#section-157-1-b">(b)</ref>.</p></content></level>
<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-158"><num>158</num><heading>Commencement and transitory provision</heading><subsection eId="section-158-1"><num>(1)</num><content><p>This Part has effect in relation to goods imported into the United Kingdom on or after 1 January 2027.</p></content></subsection><subsection eId="section-158-2"><num>(2)</num><intro><p>The Treasury may by regulations modify the effect of—</p></intro><level class="para1" eId="section-158-2-a"><num>(a)</num><content><p><ref href="#schedule-17-paragraph-2">paragraph 2</ref><ref href="#schedule-17-paragraph-2-4">(4)</ref> of <ref href="#schedule-17">Schedule 17</ref> as regards any person who triggers registration in 2027 or 2028;</p></content></level><level class="para1" eId="section-158-2-b"><num>(b)</num><content><p><ref href="#schedule-17-paragraph-6">paragraph 6</ref><ref href="#schedule-17-paragraph-6-2">(2)</ref> or <ref href="#schedule-17-paragraph-6-3">(3)</ref> or <ref href="#schedule-17-paragraph-7">7</ref><ref href="#schedule-17-paragraph-7-2">(2)</ref> for the purposes of any accounting period in respect of CBAM falling in 2027 or 2028.</p></content></level></subsection><subsection eId="section-158-3"><num>(3)</num><content><p>Provision included in regulations under <ref href="#section-158">this section</ref> by virtue of <ref href="#section-157">section 157</ref><ref href="#section-157-1">(1)</ref><ref href="#section-157-1-b">(b)</ref> may modify the effect of any enactment.</p></content></subsection></section>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-158-1"><num>(1)</num><content><p>This Part has effect in relation to goods imported into the United Kingdom on or after 1 January 2027.</p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-158-2"><num>(2)</num><intro><p>The Treasury may by regulations modify the effect of—</p></intro><level class="para1" eId="section-158-2-a"><num>(a)</num><content><p><ref href="#schedule-17-paragraph-2">paragraph 2</ref><ref href="#schedule-17-paragraph-2-4">(4)</ref> of <ref href="#schedule-17">Schedule 17</ref> as regards any person who triggers registration in 2027 or 2028;</p></content></level><level class="para1" eId="section-158-2-b"><num>(b)</num><content><p><ref href="#schedule-17-paragraph-6">paragraph 6</ref><ref href="#schedule-17-paragraph-6-2">(2)</ref> or <ref href="#schedule-17-paragraph-6-3">(3)</ref> or <ref href="#schedule-17-paragraph-7">7</ref><ref href="#schedule-17-paragraph-7-2">(2)</ref> for the purposes of any accounting period in respect of CBAM falling in 2027 or 2028.</p></content></level></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-158-2-a"><num>(a)</num><content><p><ref href="#schedule-17-paragraph-2">paragraph 2</ref><ref href="#schedule-17-paragraph-2-4">(4)</ref> of <ref href="#schedule-17">Schedule 17</ref> as regards any person who triggers registration in 2027 or 2028;</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-158-2-b"><num>(b)</num><content><p><ref href="#schedule-17-paragraph-6">paragraph 6</ref><ref href="#schedule-17-paragraph-6-2">(2)</ref> or <ref href="#schedule-17-paragraph-6-3">(3)</ref> or <ref href="#schedule-17-paragraph-7">7</ref><ref href="#schedule-17-paragraph-7-2">(2)</ref> for the purposes of any accounting period in respect of CBAM falling in 2027 or 2028.</p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-158-3"><num>(3)</num><content><p>Provision included in regulations under <ref href="#section-158">this section</ref> by virtue of <ref href="#section-157">section 157</ref><ref href="#section-157-1">(1)</ref><ref href="#section-157-1-b">(b)</ref> may modify the effect of any enactment.</p></content></subsection>
<part xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:default="http://www.w3.org/1999/xhtml" eId="part-6"><num>Part 6</num><heading>Avoidance</heading><chapter eId="part-6-chapter-1"><num>Chapter 1</num><heading>Prohibition of promotion of certain tax avoidance arrangements</heading><hcontainer name="crossheading" ukl:Name="Pblock" eId="part-6-chapter-1-crossheading-prohibition"><heading>Prohibition</heading><section eId="section-159"><num>159</num><heading>Prohibition of promotion of certain tax avoidance arrangements</heading><subsection eId="section-159-1"><num>(1)</num><intro><p>A person must not promote arrangements that—</p></intro><level class="para1" eId="section-159-1-a"><num>(a)</num><content><p>have been, or are likely to be, marketed as a means by which a person may seek a particular tax advantage if there is no realistic prospect that the arrangements will result in the tax advantage, or</p></content></level><level class="para1" eId="section-159-1-b"><num>(b)</num><content><p>are of a kind specified in regulations under subsection (2).</p></content></level></subsection><subsection eId="section-159-2"><num>(2)</num><intro><p>The Commissioners may by regulations specify arrangements that in the reasonable opinion of the Commissioners—</p></intro><level class="para1" eId="section-159-2-a"><num>(a)</num><content><p>have been, or are likely to be, marketed as a means by which a person may seek a particular tax advantage,</p></content></level><level class="para1" eId="section-159-2-b"><num>(b)</num><content><p>are unlikely to result in the tax advantage, and</p></content></level><level class="para1" eId="section-159-2-c"><num>(c)</num><content><p>are likely to cause harm to participants.</p></content></level></subsection><subsection eId="section-159-3"><num>(3)</num><intro><p>The following factors would, for example, indicate that arrangements are likely to cause harm to participants—</p></intro><level class="para1" eId="section-159-3-a"><num>(a)</num><content><p>a large number of participants;</p></content></level><level class="para1" eId="section-159-3-b"><num>(b)</num><content><p>participants that are not independently advised;</p></content></level><level class="para1" eId="section-159-3-c"><num>(c)</num><content><p>participants with otherwise straightforward tax affairs;</p></content></level><level class="para1" eId="section-159-3-d"><num>(d)</num><content><p>mass-marketing;</p></content></level><level class="para1" eId="section-159-3-e"><num>(e)</num><content><p>standardised implementation documents;</p></content></level><level class="para1" eId="section-159-3-f"><num>(f)</num><content><p>promoters that are unknown to, or not able to be contacted by, participants.</p></content></level></subsection><subsection eId="section-159-4"><num>(4)</num><intro><p>Regulations under subsection (2) may specify arrangements by—</p></intro><level class="para1" eId="section-159-4-a"><num>(a)</num><intro><p>describing—</p></intro><level class="para2" eId="section-159-4-a-i"><num>(i)</num><content><p>some or all of the steps to be taken by participants or other persons;</p></content></level><level class="para2" eId="section-159-4-a-ii"><num>(ii)</num><content><p>the tax advantage sought;</p></content></level><level class="para2" eId="section-159-4-a-iii"><num>(iii)</num><content><p>the marketing;</p></content></level><level class="para2" eId="section-159-4-a-iv"><num>(iv)</num><content><p>characteristics of participants;</p></content></level></level><level class="para1" eId="section-159-4-b"><num>(b)</num><content><p>providing examples or illustrations;</p></content></level><level class="para1" eId="section-159-4-c"><num>(c)</num><content><p>such other means as the Commissioners consider appropriate.</p></content></level></subsection><subsection eId="section-159-5"><num>(5)</num><content><p>It does not matter for the purposes of this section whether a person knows, or has reason to believe, that the arrangements fall within <ref href="#section-159-1">subsection (1)</ref>.</p></content></subsection></section><section eId="section-160"><num>160</num><heading>Meaning of promotion</heading><subsection eId="section-160-1"><num>(1)</num><intro><p>For the purposes of <ref href="#section-159">section 159</ref>, a person promotes arrangements if, in the course of a business or with a view to monetary gain, the person—</p></intro><level class="para1" eId="section-160-1-a"><num>(a)</num><content><p>communicates information with a view to encouraging another person to implement the arrangements or part of the arrangements,</p></content></level><level class="para1" eId="section-160-1-b"><num>(b)</num><content><p>makes the arrangements available for implementation by another person,</p></content></level><level class="para1" eId="section-160-1-c"><num>(c)</num><content><p>in circumstances where the arrangements have been implemented by another person, organises or manages any aspect of the arrangements, or</p></content></level><level class="para1" eId="section-160-1-d"><num>(d)</num><content><p>arranges (whether directly or indirectly) for another person or persons to take the steps above.</p></content></level></subsection><subsection eId="section-160-2"><num>(2)</num><intro><p>A person does not promote arrangements merely by—</p></intro><level class="para1" eId="section-160-2-a"><num>(a)</num><content><p>providing goods or services on commercial terms in circumstances where the person does not know, and could not reasonably be expected to know, that the goods or services are being procured or used for the purposes of arrangements falling within <ref href="#section-159">section 159</ref><ref href="#section-159-1">(1)</ref> (prohibition of promotion), or</p></content></level><level class="para1" eId="section-160-2-b"><num>(b)</num><content><p>providing legally privileged advice or legally privileged information.</p></content></level></subsection><subsection eId="section-160-3"><num>(3)</num><content><p>For the purposes of <ref href="#section-160-2">subsection (2)</ref><ref href="#section-160-2-b">(b)</ref>, advice or information is legally privileged if a claim to legal professional privilege, or (in Scotland) to confidentiality of communications as between client and professional legal adviser, could be maintained in respect of it in legal proceedings.</p></content></subsection></section><section eId="section-161"><num>161</num><heading>Procedure</heading><subsection eId="section-161-1"><num>(1)</num><content><p>Regulations under <ref href="#section-159">section 159</ref><ref href="#section-159-2">(2)</ref> are to be made by statutory instrument.</p></content></subsection><subsection eId="section-161-2"><num>(2)</num><content><p>A statutory instrument containing regulations under <ref href="#section-159">section 159</ref><ref href="#section-159-2">(2)</ref> must be laid before the House of Commons after being made.</p></content></subsection><subsection eId="section-161-3"><num>(3)</num><content><p>Regulations contained in a statutory instrument laid before the House of Commons under <ref href="#section-161-2">subsection (2)</ref> cease to have effect at the end of the period of 28 days beginning on the day on which the instrument is made unless, during that period, the instrument is approved by a resolution of the House of Commons.</p></content></subsection><subsection eId="section-161-4"><num>(4)</num><intro><p>In calculating the period of 28 days, no account is to be taken of any whole days that fall within a period during which—</p></intro><level class="para1" eId="section-161-4-a"><num>(a)</num><content><p>Parliament is dissolved or prorogued, or</p></content></level><level class="para1" eId="section-161-4-b"><num>(b)</num><content><p>the House of Commons is adjourned for more than four days.</p></content></level></subsection><subsection eId="section-161-5"><num>(5)</num><intro><p>If the regulations cease to have effect as a result of <ref href="#section-161-3">subsection (3)</ref>, that does not—</p></intro><level class="para1" eId="section-161-5-a"><num>(a)</num><content><p>affect the validity of anything previously done under the regulations, or</p></content></level><level class="para1" eId="section-161-5-b"><num>(b)</num><content><p>prevent the making of new regulations.</p></content></level></subsection></section></hcontainer><hcontainer name="crossheading" ukl:Name="Pblock" eId="part-6-chapter-1-crossheading-sanctions"><heading>Sanctions</heading><section eId="section-162"><num>162</num><heading>Civil penalties</heading><subsection eId="section-162-1"><num>(1)</num><content><p>A person who promotes arrangements in breach of <ref href="#section-159">section 159</ref><ref href="#section-159-1">(1)</ref> is liable to a penalty.</p></content></subsection><subsection eId="section-162-2"><num>(2)</num><intro><p>The maximum penalty under this section is the sum of—</p></intro><level class="para1" eId="section-162-2-a"><num>(a)</num><content><p>£1,000,000, and</p></content></level><level class="para1" eId="section-162-2-b"><num>(b)</num><content><p>£5,000 for each person who participated in the arrangements.</p></content></level></subsection><subsection eId="section-162-3"><num>(3)</num><intro><p>Before imposing a penalty under this section, an authorised officer of Revenue and Customs must—</p></intro><level class="para1" eId="section-162-3-a"><num>(a)</num><content><p>notify the person of the fact that the authorised officer considers subsection (1) to apply, and</p></content></level><level class="para1" eId="section-162-3-b"><num>(b)</num><content><p>allow the person 30 days from the date of notification to make representations to HMRC.</p></content></level></subsection><subsection eId="section-162-4"><num>(4)</num><intro><p>In imposing a penalty under this section, an authorised officer of Revenue and Customs must have regard to—</p></intro><level class="para1" eId="section-162-4-a"><num>(a)</num><content><p>the number of persons participating, or targeted to participate, in the arrangements,</p></content></level><level class="para1" eId="section-162-4-b"><num>(b)</num><content><p>the amount of tax that was likely at risk in connection with the arrangements,</p></content></level><level class="para1" eId="section-162-4-c"><num>(c)</num><content><p>whether and to what extent the person cooperated with HMRC, and</p></content></level><level class="para1" eId="section-162-4-d"><num>(d)</num><content><p>whether the wrongdoing was repeated, or continued over an extended period.</p></content></level></subsection><subsection eId="section-162-5"><num>(5)</num><content><p>A penalty imposed under this section is to be treated as a penalty determined under section 100(1) of TMA 1970.</p></content></subsection><subsection eId="section-162-6"><num>(6)</num><content><p>A penalty imposed under this section is to carry interest in accordance with section 101 of FA 2009.</p></content></subsection><subsection eId="section-162-7"><num>(7)</num><content><p>A person is not liable to a penalty under this section in respect of anything for which the person has been convicted of an offence.</p></content></subsection><subsection eId="section-162-8"><num>(8)</num><content><p><mod>In paragraph 5(6) of Schedule 13 to FA 2020 (joint and several liability of company directors etc) after paragraph (f) insert—<quotedStructure startQuote="“" endQuote="”" uk:context="schedule" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="schedule" ukl:Format="double"><level class="para1"><num>(g)</num><content><p><ref href="#section-162">section 162</ref> of FA 2026 (prohibition of promotion of certain tax avoidance arrangements: penalties).</p></content></level></quotedStructure></mod></p></content></subsection></section><section eId="section-163"><num>163</num><heading>Criminal offence</heading><subsection eId="section-163-1"><num>(1)</num><content><p>A person who promotes arrangements in breach of <ref href="#section-159">section 159</ref><ref href="#section-159-1">(1)</ref> commits an offence.</p></content></subsection><subsection eId="section-163-2"><num>(2)</num><intro><p>A person who commits an offence under this section is liable—</p></intro><level class="para1" eId="section-163-2-a"><num>(a)</num><intro><p>on summary conviction, to—</p></intro><level class="para2" eId="section-163-2-a-i"><num>(i)</num><content><p>in England and Wales, a fine, or</p></content></level><level class="para2" eId="section-163-2-a-ii"><num>(ii)</num><content><p>in Scotland or Northern Ireland, a fine not exceeding the statutory maximum, or</p></content></level></level><level class="para1" eId="section-163-2-b"><num>(b)</num><content><p>on conviction on indictment, to imprisonment for a term not exceeding two years or to a fine or both.</p></content></level></subsection></section><section eId="section-164"><num>164</num><heading>Criminal liability of responsible persons</heading><subsection eId="section-164-1"><num>(1)</num><intro><p>If an offence under <ref href="#section-163">section 163</ref> is committed by a body corporate or a partnership and—</p></intro><level class="para1" eId="section-164-1-a"><num>(a)</num><content><p>is committed with the consent or connivance of a responsible person, or</p></content></level><level class="para1" eId="section-164-1-b"><num>(b)</num><content><p>is attributable to the neglect of a responsible person,</p></content></level><wrapUp><p>the responsible person commits the offence (as well as the body or partnership).</p></wrapUp></subsection><subsection eId="section-164-2"><num>(2)</num><intro><p>A “<term refersTo="#term-responsible-person" eId="term-responsible-person">responsible person</term>” means—</p></intro><level class="para1" eId="section-164-2-a"><num>(a)</num><intro><p>in relation to a body corporate other than one whose affairs are managed by its members—</p></intro><level class="para2" eId="section-164-2-a-i"><num>(i)</num><content><p>a director, manager, secretary or other similar officer of the body, or a person purporting to act in such a capacity, or</p></content></level><level class="para2" eId="section-164-2-a-ii"><num>(ii)</num><content><p>a shadow director within the meaning given in <ref eId="c00192" href="https://www.legislation.gov.uk/ukpga/2006/46/section/251">section 251</ref> of the <ref eId="c00193" href="https://www.legislation.gov.uk/ukpga/2006/46/contents">Companies Act 2006</ref>;</p></content></level></level><level class="para1" eId="section-164-2-b"><num>(b)</num><intro><p>in relation to a limited liability partnership or other body corporate whose affairs are managed by its members—</p></intro><level class="para2" eId="section-164-2-b-i"><num>(i)</num><content><p>a member exercising management functions, or purporting to do so, or</p></content></level><level class="para2" eId="section-164-2-b-ii"><num>(ii)</num><content><p>in the case of a limited liability partnership, a shadow member;</p></content></level></level><level class="para1" eId="section-164-2-c"><num>(c)</num><content><p>in relation to a partnership, a partner or a person purporting to act in that capacity.</p></content></level></subsection><subsection eId="section-164-3"><num>(3)</num><content><p>In <ref href="#section-164">this section</ref>, a “<term refersTo="#term-shadow-member" eId="term-shadow-member">shadow member</term>” means a person in accordance with whose directions or instructions the members of the limited liability partnership are accustomed to act, save that a person is not a shadow member by reason only of the fact that the members act on advice given by that person in a professional capacity.</p></content></subsection></section></hcontainer><hcontainer name="crossheading" ukl:Name="Pblock" eId="part-6-chapter-1-crossheading-general"><heading>General</heading><section eId="section-165"><num>165</num><heading>Interpretation and commencement</heading><subsection eId="section-165-1"><num>(1)</num><intro><p>In this Chapter—</p></intro><hcontainer name="definition"><content><p>“<term refersTo="#term-arrangements" eId="term-arrangements">arrangements</term>” includes any agreement, scheme, arrangement or understanding of any kind whether or not legally enforceable involving one or more transactions, and includes a proposal for arrangements;</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-authorised-officer-of-revenue-and-customs" eId="term-authorised-officer-of-revenue-and-customs">authorised officer of Revenue and Customs</term>” means an officer of Revenue and Customs who is, or is a member of a class of officers who are, authorised by the Commissioners for the purpose of this Chapter;</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-commissioners" eId="term-commissioners">Commissioners</term>” means the Commissioners for His Majesty’s Revenue and Customs;</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-hmrc" eId="term-hmrc">HMRC</term>” means His Majesty’s Revenue and Customs;</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-promotion" eId="term-promotion">promotion</term>” has the meaning given in <ref href="#section-160">section 160</ref>;</p></content></hcontainer><hcontainer name="definition"><intro><p>“<term refersTo="#term-tax-advantage" eId="term-tax-advantage">tax advantage</term>” includes—</p></intro><level class="para1"><num>(a)</num><content><p>relief or increased relief from tax,</p></content></level><level class="para1"><num>(b)</num><content><p>repayment or increased repayment from tax,</p></content></level><level class="para1"><num>(c)</num><content><p>avoidance or reduction of a charge to tax or an assessment to tax,</p></content></level><level class="para1"><num>(d)</num><content><p>avoidance of a possible assessment to tax,</p></content></level><level class="para1"><num>(e)</num><content><p>deferral of a payment of tax or advancement of a repayment of tax, and</p></content></level><level class="para1"><num>(f)</num><content><p>avoidance of an obligation to deduct or account for tax.</p></content></level></hcontainer></subsection><subsection eId="section-165-2"><num>(2)</num><content><p><ref href="#section-159">Section 159</ref><ref href="#section-159-1">(1)</ref> comes into force two months after the day on which this Act is passed.</p></content></subsection></section></hcontainer></chapter><chapter eId="part-6-chapter-2"><num>Chapter 2</num><heading>Promoter action notices</heading><hcontainer name="crossheading" ukl:Name="Pblock" eId="part-6-chapter-2-crossheading-promoter-action-notices"><heading>Promoter action notices</heading><section eId="section-166"><num>166</num><heading>Certification of promoters</heading><subsection eId="section-166-1"><num>(1)</num><intro><p>An authorised officer of Revenue and Customs may, for the purposes of this Chapter, certify that a person is promoting arrangements—</p></intro><level class="para1" eId="section-166-1-a"><num>(a)</num><content><p>in breach of section 236B of FA 2014 (effect of stop notices), or</p></content></level><level class="para1" eId="section-166-1-b"><num>(b)</num><content><p>in breach of <ref href="#section-159">section 159</ref><ref href="#section-159-1">(1)</ref> (prohibition of promotion of certain tax avoidance arrangements).</p></content></level></subsection><subsection eId="section-166-2"><num>(2)</num><intro><p>A certification under <ref href="#section-166-1">subsection (1)</ref> must be in writing and include the following—</p></intro><level class="para1" eId="section-166-2-a"><num>(a)</num><content><p>the name of the person,</p></content></level><level class="para1" eId="section-166-2-b"><num>(b)</num><intro><p>a statement to the effect that—</p></intro><level class="para2" eId="section-166-2-b-i"><num>(i)</num><content><p>an authorised officer of Revenue and Customs has certified that the person is promoting arrangements as described in <ref href="#section-166-1">subsection (1)</ref><ref href="#section-166-1-a">(a)</ref> or <ref href="#section-166-1-b">(b)</ref>, and</p></content></level><level class="para2" eId="section-166-2-b-ii"><num>(ii)</num><content><p>accordingly, the person is a certified promoter for the purposes of this Chapter,</p></content></level></level><level class="para1" eId="section-166-2-c"><num>(c)</num><content><p>a summary of the officer’s reasons for coming to the conclusion certified, including a description of the arrangements and promotion, and</p></content></level><level class="para1" eId="section-166-2-d"><num>(d)</num><content><p>information about how the person may make representations to HMRC (see <ref href="#section-166-4">subsection (4)</ref><ref href="#section-166-4-b">(b)</ref>).</p></content></level></subsection><subsection eId="section-166-3"><num>(3)</num><content><p>For the purposes of this Chapter, a “<term refersTo="#term-certified-promoter" eId="term-certified-promoter">certified promoter</term>” means a person certified under this section.</p></content></subsection><subsection eId="section-166-4"><num>(4)</num><intro><p>Before issuing a notice under section <ref href="#section-167">167</ref> (promoter action notice) in respect of a certified promoter, an authorised officer of Revenue and Customs must—</p></intro><level class="para1" eId="section-166-4-a"><num>(a)</num><content><p>provide the certified promoter with a copy of the certification, and</p></content></level><level class="para1" eId="section-166-4-b"><num>(b)</num><content><p>allow the certified promoter 30 days from the date of provision to make representations to HMRC.</p></content></level></subsection></section><section eId="section-167"><num>167</num><heading>Promoter action notices</heading><subsection eId="section-167-1"><num>(1)</num><intro><p>An authorised officer of Revenue and Customs may issue a notice to a person if the officer reasonably suspects that—</p></intro><level class="para1" eId="section-167-1-a"><num>(a)</num><content><p>the person (the “recipient”) is providing goods or services to a certified promoter (the “target”), and</p></content></level><level class="para1" eId="section-167-1-b"><num>(b)</num><content><p>the goods or services are being procured or used wholly or partly in connection with the promotion of arrangements in respect of which the target is certified.</p></content></level></subsection><subsection eId="section-167-2"><num>(2)</num><content><p>For the purposes of <ref href="#part-6-chapter-2">this Chapter</ref>, a “<term refersTo="#term-promoter-action-notice" eId="term-promoter-action-notice">promoter action notice</term>” means a notice issued under <ref href="#section-167-1">subsection (1)</ref>.</p></content></subsection><subsection eId="section-167-3"><num>(3)</num><intro><p>A promoter action notice may, for the purpose of impeding the target’s promotion of the arrangements, require the recipient of the notice to—</p></intro><level class="para1" eId="section-167-3-a"><num>(a)</num><content><p>stop providing some or all of the goods or services,</p></content></level><level class="para1" eId="section-167-3-b"><num>(b)</num><content><p>provide the goods or services subject to specified conditions, or</p></content></level><level class="para1" eId="section-167-3-c"><num>(c)</num><content><p>take specified steps in relation to the provision of the goods or services.</p></content></level></subsection><subsection eId="section-167-4"><num>(4)</num><intro><p>A promoter action notice must identify the target and specify—</p></intro><level class="para1" eId="section-167-4-a"><num>(a)</num><content><p>the goods or services in respect of which it is issued,</p></content></level><level class="para1" eId="section-167-4-b"><num>(b)</num><content><p>the requirements applicable under <ref href="#section-167-3">subsection (3)</ref>, and</p></content></level><level class="para1" eId="section-167-4-c"><num>(c)</num><content><p>the time by which the recipient must comply with the requirements under <ref href="#section-167-3">subsection (3)</ref>.</p></content></level></subsection><subsection eId="section-167-5"><num>(5)</num><intro><p>A time specified under <ref href="#section-167-4">subsection (4)</ref><ref href="#section-167-4-c">(c)</ref>—</p></intro><level class="para1" eId="section-167-5-a"><num>(a)</num><intro><p>must be the end of—</p></intro><level class="para2" eId="section-167-5-a-i"><num>(i)</num><content><p>the period of 30 days beginning with the day on which the notice is issued, or</p></content></level><level class="para2" eId="section-167-5-a-ii"><num>(ii)</num><content><p>such longer period as an authorised officer of Revenue and Customs considers appropriate, and</p></content></level></level><level class="para1" eId="section-167-5-b"><num>(b)</num><content><p>takes precedence over any statutory or regulatory requirement to provide a period of notice before terminating or modifying a contract.</p></content></level></subsection><subsection eId="section-167-6"><num>(6)</num><intro><p>A promoter action notice may not—</p></intro><level class="para1" eId="section-167-6-a"><num>(a)</num><content><p>require the recipient to monitor or assess whether or how particular goods or services are being procured or used in connection with the promotion or arrangements,</p></content></level><level class="para1" eId="section-167-6-b"><num>(b)</num><content><p>restrict the provision of services that provide access to the internet, or</p></content></level><level class="para1" eId="section-167-6-c"><num>(c)</num><content><p>restrict the provision of legal or auditing services.</p></content></level></subsection><subsection eId="section-167-7"><num>(7)</num><content><p>An authorised officer of Revenue and Customs may withdraw a promoter action notice.</p></content></subsection><subsection eId="section-167-8"><num>(8)</num><content><p>The recipient is not liable in damages in respect of anything done, or omitted to be done, in good faith for the purposes of complying with a promoter action notice.</p></content></subsection></section><section eId="section-168"><num>168</num><heading>Preliminary notices</heading><subsection eId="section-168-1"><num>(1)</num><content><p>An authorised officer of Revenue and Customs may issue a notice to a person who the officer reasonably suspects is providing goods or services as described in <ref href="#section-167">section 167</ref><ref href="#section-167-1">(1)</ref>.</p></content></subsection><subsection eId="section-168-2"><num>(2)</num><intro><p>A notice under this section must—</p></intro><level class="para1" eId="section-168-2-a"><num>(a)</num><content><p>identify the target referred to in <ref href="#section-167">section 167</ref><ref href="#section-167-1">(1)</ref>;</p></content></level><level class="para1" eId="section-168-2-b"><num>(b)</num><content><p>give reasons for the suspicion referred to in <ref href="#section-168-1">subsection (1)</ref>;</p></content></level><level class="para1" eId="section-168-2-c"><num>(c)</num><content><p>allow the recipient of the notice a period of 30 days from the date of the notice to make representations to HMRC.</p></content></level></subsection><subsection eId="section-168-3"><num>(3)</num><content><p>A notice under this section may request information from the recipient.</p></content></subsection><subsection eId="section-168-4"><num>(4)</num><intro><p>A disclosure of information by the recipient in response to a request under <ref href="#section-168-3">subsection (3)</ref> does not breach—</p></intro><level class="para1" eId="section-168-4-a"><num>(a)</num><content><p>any obligation of confidence owed by the person making the disclosure, or</p></content></level><level class="para1" eId="section-168-4-b"><num>(b)</num><content><p>any other restriction on the disclosure of information (however imposed).</p></content></level></subsection><subsection eId="section-168-5"><num>(5)</num><intro><p>A person who receives a notice under this section may not disclose the existence or contents of the notice to—</p></intro><level class="para1" eId="section-168-5-a"><num>(a)</num><content><p>the target identified in the notice, or</p></content></level><level class="para1" eId="section-168-5-b"><num>(b)</num><content><p>any person who might reasonably be expected to disclose the existence or contents of the notice to the target.</p></content></level></subsection><subsection eId="section-168-6"><num>(6)</num><content><p>An authorised officer of Revenue and Customs may withdraw a notice under this section.</p></content></subsection></section><section eId="section-169"><num>169</num><heading>Disclosure of information by HMRC</heading><subsection eId="section-169-1"><num>(1)</num><intro><p>An authorised officer of Revenue and Customs may for the purposes of this Chapter disclose—</p></intro><level class="para1" eId="section-169-1-a"><num>(a)</num><content><p>information relating to the target identified in a promoter action notice to the recipient of the notice, or</p></content></level><level class="para1" eId="section-169-1-b"><num>(b)</num><content><p>information relating to the target identified in a notice issued under <ref href="#section-168">section 168</ref> (preliminary notices) to the recipient of the notice.</p></content></level></subsection><subsection eId="section-169-2"><num>(2)</num><intro><p>A person to whom an authorised officer of Revenue and Customs discloses information under <ref href="#section-245">this section</ref>—</p></intro><level class="para1" eId="section-169-2-a"><num>(a)</num><content><p>may use it only for the purpose for which it was disclosed, and</p></content></level><level class="para1" eId="section-169-2-b"><num>(b)</num><content><p>may not further disclose it without the consent of HMRC (which may be general or specific).</p></content></level></subsection><subsection eId="section-169-3"><num>(3)</num><intro><p>Where a person contravenes subsection <ref href="#section-245-2">(2)</ref><ref href="#section-245-2-b">(b)</ref> by disclosing information relating to a person whose identity—</p></intro><level class="para1" eId="section-169-3-a"><num>(a)</num><content><p>is specified in the disclosure, or</p></content></level><level class="para1" eId="section-169-3-b"><num>(b)</num><content><p>can be deduced from it,</p></content></level><wrapUp><p>section 19 of CRCA 2005 (offence of wrongful disclosure) applies in relation to the disclosure as it applies in relation to a disclosure in contravention of section 20(9) of that Act.</p></wrapUp></subsection><subsection eId="section-169-4"><num>(4)</num><content><p>Nothing in this section limits the circumstances in which information may be disclosed under section 18(2) of CRCA 2005 or under any other enactment or rule of law.</p></content></subsection></section><section eId="section-170"><num>170</num><heading>Appeal against a decision to issue a promoter action notice</heading><subsection eId="section-170-1"><num>(1)</num><intro><p>A recipient of a promoter action notice may appeal to the tribunal against a decision to issue the notice on the grounds that—</p></intro><level class="para1" eId="section-170-1-a"><num>(a)</num><content><p>the recipient is not providing the goods or services specified in the notice to the target identified in the notice;</p></content></level><level class="para1" eId="section-170-1-b"><num>(b)</num><content><p>the goods or services are not being used wholly or partly in connection with the arrangements referred to in <ref href="#section-167">section 167</ref><ref href="#section-167-1">(1)</ref>.</p></content></level></subsection><subsection eId="section-170-2"><num>(2)</num><intro><p>Notice of an appeal must—</p></intro><level class="para1" eId="section-170-2-a"><num>(a)</num><content><p>state the ground of appeal, and</p></content></level><level class="para1" eId="section-170-2-b"><num>(b)</num><content><p>be given in writing to HMRC before the end of the period of 30 days beginning with the day on which the promoter action notice was issued.</p></content></level></subsection><subsection eId="section-170-3"><num>(3)</num><content><p>The provisions of Part 5 of TMA 1970 relating to appeals have effect in relation to appeals under this section as they have effect in relation to an appeal against an assessment to income tax.</p></content></subsection><subsection eId="section-170-4"><num>(4)</num><content><p>In this section, the “<term refersTo="#term-tribunal" eId="term-tribunal">tribunal</term>” means the First-tier Tribunal or, where determined by or under the Tribunal Procedure Rules, the Upper Tribunal.</p></content></subsection></section></hcontainer><hcontainer name="crossheading" ukl:Name="Pblock" eId="part-6-chapter-2-crossheading-sanctions"><heading>Sanctions</heading><section eId="section-171"><num>171</num><heading>Civil penalties</heading><subsection eId="section-171-1"><num>(1)</num><intro><p>A recipient of a promoter action notice is liable to a penalty if the recipient—</p></intro><level class="para1" eId="section-171-1-a"><num>(a)</num><content><p>fails to comply with the notice, and</p></content></level><level class="para1" eId="section-171-1-b"><num>(b)</num><content><p>does so without reasonable excuse.</p></content></level></subsection><subsection eId="section-171-2"><num>(2)</num><content><p>The maximum penalty under this section is £1,000 for each day on which the recipient failed, without reasonable excuse, to comply with the notice.</p></content></subsection><subsection eId="section-171-3"><num>(3)</num><intro><p>Before imposing a penalty under this section, an authorised officer of Revenue and Customs must—</p></intro><level class="para1" eId="section-171-3-a"><num>(a)</num><content><p>notify the recipient of the fact that the authorised officer considers subsection (1) to apply, and</p></content></level><level class="para1" eId="section-171-3-b"><num>(b)</num><content><p>allow the recipient 30 days from the date of notification to make representations to HMRC.</p></content></level></subsection><subsection eId="section-171-4"><num>(4)</num><intro><p>In imposing a penalty under this section, an authorised officer of Revenue and Customs must have regard to—</p></intro><level class="para1" eId="section-171-4-a"><num>(a)</num><content><p>the likely cost to the recipient of complying with the notice;</p></content></level><level class="para1" eId="section-171-4-b"><num>(b)</num><content><p>any benefit for the recipient of not complying with the notice;</p></content></level><level class="para1" eId="section-171-4-c"><num>(c)</num><content><p>whether and to what extent the recipient cooperated with HMRC or made efforts to comply with the notice.</p></content></level></subsection><subsection eId="section-171-5"><num>(5)</num><content><p>A penalty imposed under this section is to be treated as a penalty determined under section 100(1) of TMA 1970.</p></content></subsection><subsection eId="section-171-6"><num>(6)</num><content><p>A penalty imposed under this section is to carry interest in accordance with section 101 of FA 2009.</p></content></subsection><subsection eId="section-171-7"><num>(7)</num><content><p><mod>In paragraph 5(6) of Schedule 13 to FA 2020 (joint and several liability of company directors etc) after paragraph (g) (inserted by <ref href="#section-162">section 162</ref><ref href="#section-162-8">(8)</ref>) insert—<quotedStructure startQuote="“" endQuote="”" uk:context="schedule" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="schedule" ukl:Format="double"><level class="para1"><num>(h)</num><content><p><ref href="#section-171">section 171</ref> of FA 2026 (promoter action notices: penalties).</p></content></level></quotedStructure></mod></p></content></subsection></section><section eId="section-172"><num>172</num><heading>Publication</heading><subsection eId="section-172-1"><num>(1)</num><intro><p>Subsection (2) applies if—</p></intro><level class="para1" eId="section-172-1-a"><num>(a)</num><content><p>a penalty under <ref href="#section-171">section 171</ref> has been imposed on a recipient of a promoter action notice, and</p></content></level><level class="para1" eId="section-172-1-b"><num>(b)</num><content><p>notice of appeal against the penalty can no longer be given or, if notice has been given, the appeal has been determined or withdrawn.</p></content></level></subsection><subsection eId="section-172-2"><num>(2)</num><intro><p>An authorised officer of Revenue and Customs may publish—</p></intro><level class="para1" eId="section-172-2-a"><num>(a)</num><content><p>the recipient’s name (including any trading name, previous name or pseudonym);</p></content></level><level class="para1" eId="section-172-2-b"><num>(b)</num><content><p>any address used by the recipient;</p></content></level><level class="para1" eId="section-172-2-c"><num>(c)</num><content><p>any other information that the authorised officer considers appropriate for the purposes of identifying the recipient or their business;</p></content></level><level class="para1" eId="section-172-2-d"><num>(d)</num><content><p>details of the recipient’s failure to comply;</p></content></level><level class="para1" eId="section-172-2-e"><num>(e)</num><content><p>details of the penalty imposed on the recipient under <ref href="#section-171">section 171</ref>.</p></content></level></subsection><subsection eId="section-172-3"><num>(3)</num><intro><p>Before publishing information under <ref href="#section-172">this section</ref>, an authorised officer of Revenue and Customs must—</p></intro><level class="para1" eId="section-172-3-a"><num>(a)</num><content><p>notify the recipient of their intention to publish, including the information that they intend to publish, and—</p></content></level><level class="para1" eId="section-172-3-b"><num>(b)</num><content><p>allow the recipient 30 days from the date of notification to make representations to HMRC.</p></content></level></subsection><subsection eId="section-172-4"><num>(4)</num><content><p>Information published under <ref href="#section-172">this section</ref> must be withdrawn no later than 12 months after its publication.</p></content></subsection><subsection eId="section-172-5"><num>(5)</num><content><p>Nothing in <ref href="#section-172">this section</ref> limits the circumstances in which information may be disclosed under <ref eId="c00194" href="https://www.legislation.gov.uk/ukpga/2005/11/section/18">section 18</ref><ref eId="c00195" href="https://www.legislation.gov.uk/ukpga/2005/11/section/18">(2)</ref> of <ref eId="c00196" href="https://www.legislation.gov.uk/ukpga/2005/11/contents">CRCA 2005</ref> or under any other enactment or rule of law.</p></content></subsection></section><section eId="section-173"><num>173</num><heading>Reporting to regulators etc</heading><subsection eId="section-173-1"><num>(1)</num><intro><p>This section applies if an authorised officer of Revenue and Customs considers that a recipient of a promoter action notice—</p></intro><level class="para1" eId="section-173-1-a"><num>(a)</num><content><p>failed to comply with the notice, and</p></content></level><level class="para1" eId="section-173-1-b"><num>(b)</num><content><p>did so without reasonable excuse.</p></content></level></subsection><subsection eId="section-173-2"><num>(2)</num><intro><p>An authorised officer of Revenue and Customs may, for the permitted purpose, disclose the following information to a regulator, representative body or trade body of the recipient—</p></intro><level class="para1" eId="section-173-2-a"><num>(a)</num><content><p>the recipient’s name (including any trading name, previous name or pseudonym);</p></content></level><level class="para1" eId="section-173-2-b"><num>(b)</num><content><p>any address used by the recipient;</p></content></level><level class="para1" eId="section-173-2-c"><num>(c)</num><content><p>any other information that the authorised officer considers appropriate for the purposes of identifying the recipient or their business;</p></content></level><level class="para1" eId="section-173-2-d"><num>(d)</num><content><p>details of the recipient’s failure to comply;</p></content></level><level class="para1" eId="section-173-2-e"><num>(e)</num><content><p>details of any penalty imposed on the recipient under <ref href="#section-171">section 171</ref>;</p></content></level><level class="para1" eId="section-173-2-f"><num>(f)</num><content><p>any other information that the authorised officer considers appropriate for the permitted purpose.</p></content></level></subsection><subsection eId="section-173-3"><num>(3)</num><intro><p>In this section, the “<term refersTo="#term-permitted-purpose" eId="term-permitted-purpose">permitted purpose</term>” means assisting the person to whom the information is disclosed in relation to—</p></intro><level class="para1" eId="section-173-3-a"><num>(a)</num><content><p>a current or future investigation into the failure referred to in subsection (1), or</p></content></level><level class="para1" eId="section-173-3-b"><num>(b)</num><content><p>any other action taken, or to be taken, by the person in relation to that failure.</p></content></level></subsection><subsection eId="section-173-4"><num>(4)</num><intro><p>Before disclosing information under <ref href="#section-172">this section</ref>, an authorised officer of Revenue and Customs must—</p></intro><level class="para1" eId="section-173-4-a"><num>(a)</num><intro><p>notify the recipient of their intention to disclose it, including—</p></intro><level class="para2" eId="section-173-4-a-i"><num>(i)</num><content><p>their reasons for considering that subsection (1) applies, and</p></content></level><level class="para2" eId="section-173-4-a-ii"><num>(ii)</num><content><p>the information that they intend to disclose, and</p></content></level></level><level class="para1" eId="section-173-4-b"><num>(b)</num><intro><p>allow the recipient 30 days from the date of notification to—</p></intro><level class="para2" eId="section-173-4-b-i"><num>(i)</num><content><p>comply with any requirements specified in the promoter action notice, or</p></content></level><level class="para2" eId="section-173-4-b-ii"><num>(ii)</num><content><p>make representations to HMRC.</p></content></level></level></subsection><subsection eId="section-173-5"><num>(5)</num><intro><p>A person to whom an authorised officer of Revenue and Customs discloses information under <ref href="#section-245">this section</ref>—</p></intro><level class="para1" eId="section-173-5-a"><num>(a)</num><content><p>may use it only for the purpose for which it was disclosed, and</p></content></level><level class="para1" eId="section-173-5-b"><num>(b)</num><content><p>may not further disclose it without the consent of HMRC (which may be general or specific).</p></content></level></subsection><subsection eId="section-173-6"><num>(6)</num><intro><p>Where a person contravenes subsection <ref href="#section-173-5">(5)</ref><ref href="#section-173-5-b">(b)</ref> by disclosing information relating to a person whose identity—</p></intro><level class="para1" eId="section-173-6-a"><num>(a)</num><content><p>is specified in the disclosure, or</p></content></level><level class="para1" eId="section-173-6-b"><num>(b)</num><content><p>can be deduced from it,</p></content></level><wrapUp><p>section 19 of CRCA 2005 (offence of wrongful disclosure) applies in relation to the disclosure as it applies in relation to a disclosure in contravention of section 20(9) of that Act.</p></wrapUp></subsection><subsection eId="section-173-7"><num>(7)</num><content><p>Nothing in this section limits the circumstances in which information may be disclosed under section 18(2) of CRCA 2005 or under any other enactment or rule of law.</p></content></subsection></section><section eId="section-174"><num>174</num><heading>Extension of time periods</heading><content><p>For the purposes of <span><ref href="#section-171">sections 171</ref> and <ref href="#section-173">173</ref></span>, a failure of a person to do anything within a limited period of time is to be disregarded if the person did the thing within such further period of time, if any, as an officer of Revenue and Customs allowed.</p></content></section><section eId="section-175"><num>175</num><heading>Reasonable excuse</heading><intro><p>For the purposes of <span><ref href="#section-171">sections 171</ref> and <ref href="#section-173">173</ref></span>—</p></intro><level class="para1" eId="section-175-a"><num>(a)</num><content><p>an insufficiency of funds is not a reasonable excuse unless attributable to events outside the person’s control,</p></content></level><level class="para1" eId="section-175-b"><num>(b)</num><content><p>if the person relies on any other person to do anything, that is not a reasonable excuse unless the first person took reasonable care to avoid the failure,</p></content></level><level class="para1" eId="section-175-c"><num>(c)</num><content><p>if the person had a reasonable excuse for the failure but the excuse has ceased, the person is to be treated as having continued to have the excuse if the failure is remedied without unreasonable delay after the excuse ceased, and</p></content></level><level class="para1" eId="section-175-d"><num>(d)</num><intro><p>reliance on legal advice is to be taken automatically not to constitute a reasonable excuse if either—</p></intro><level class="para2" eId="section-175-d-i"><num>(i)</num><content><p>the advice was not based on a full and accurate description of the facts, or</p></content></level><level class="para2" eId="section-175-d-ii"><num>(ii)</num><content><p>the conclusions in the advice that the person relied upon were unreasonable.</p></content></level></level></section></hcontainer><hcontainer name="crossheading" ukl:Name="Pblock" eId="part-6-chapter-2-crossheading-general"><heading>General</heading><section eId="section-176"><num>176</num><heading>Interpretation</heading><intro><p>In <ref href="#part-6-chapter-2">this Chapter</ref>—</p></intro><hcontainer name="definition"><content><p>“<term refersTo="#term-arrangements" eId="term-arrangements">arrangements</term>” includes any agreement, scheme, arrangement or understanding of any kind whether or not legally enforceable involving one or more transactions, and includes a proposal for arrangements;</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-authorised-officer-of-revenue-and-customs" eId="term-authorised-officer-of-revenue-and-customs">authorised officer of Revenue and Customs</term>” means an officer of Revenue and Customs who is, or is a member of a class of officers who are, authorised by the Commissioners for the purpose of <ref href="#part-6-chapter-2">this Chapter</ref>;</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-certified-promoter" eId="term-certified-promoter">certified promoter</term>” has the meaning given in <ref href="#section-166">section 166</ref><ref href="#section-166-3">(3)</ref>;</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-commissioners" eId="term-commissioners">Commissioners</term>” means the Commissioners of His Majesty’s Revenue;</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-hmrc" eId="term-hmrc">HMRC</term>” means His Majesty’s Revenue and Customs;</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-promoter-action-notice" eId="term-promoter-action-notice">promoter action notice</term>” has the meaning given in <ref href="#section-167">section 167</ref><ref href="#section-167-2">(2)</ref>;</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-promotion" eId="term-promotion">promotion</term>” has the meaning it has in <ref eId="c00197" href="https://www.legislation.gov.uk/ukpga/2014/26/section/236B">section 236B</ref><ref eId="c00198" href="https://www.legislation.gov.uk/ukpga/2014/26/section/236B">(1)</ref> of <ref eId="c00199" href="https://www.legislation.gov.uk/ukpga/2014/26/contents">FA 2014</ref> (effect of stop notices) or <ref href="#section-159">section 159</ref> (prohibition of promotion of certain tax avoidance arrangements) (as the context requires).</p></content></hcontainer></section></hcontainer></chapter><chapter eId="part-6-chapter-3"><num>Chapter 3</num><heading>Anti-avoidance information notices</heading><hcontainer name="crossheading" ukl:Name="Pblock" eId="part-6-chapter-3-crossheading-key-definitions"><heading>Key definitions</heading><section eId="section-177"><num>177</num><heading>Connected persons</heading><subsection eId="section-177-1"><num>(1)</num><intro><p>In this Chapter, a “<term refersTo="#term-connected-person" eId="term-connected-person">connected person</term>” means a person who an officer of Revenue and Customs reasonably suspects is or has been—</p></intro><level class="para1" eId="section-177-1-a"><num>(a)</num><content><p>contravening an anti-avoidance enactment,</p></content></level><level class="para1" eId="section-177-1-b"><num>(b)</num><content><p>connected to a person who is or has been contravening an anti-avoidance enactment, or</p></content></level><level class="para1" eId="section-177-1-c"><num>(c)</num><content><p>connected to arrangements by reference to which a person is or has been contravening an anti-avoidance enactment.</p></content></level></subsection><subsection eId="section-177-2"><num>(2)</num><intro><p>For the purposes of <ref href="#section-177-1">subsection (1)</ref><ref href="#section-177-1-b">(b)</ref>, two persons (“<term refersTo="#term-a" eId="term-a">A</term>” and “<term refersTo="#term-b" eId="term-b">B</term>”) are connected if—</p></intro><level class="para1" eId="section-177-2-a"><num>(a)</num><content><p>A is a director, manager, secretary or other officer or employee of B,</p></content></level><level class="para1" eId="section-177-2-b"><num>(b)</num><content><p>A is a member of, or partner in, B,</p></content></level><level class="para1" eId="section-177-2-c"><num>(c)</num><content><p>A is a trustee, settlor, beneficiary or administrator of a trust in respect of which B is a trustee, settlor, beneficiary or administrator, or</p></content></level><level class="para1" eId="section-177-2-d"><num>(d)</num><content><p>A is accustomed to acting in accordance with B’s directions or instructions.</p></content></level></subsection><subsection eId="section-177-3"><num>(3)</num><intro><p>For the purposes of <ref href="#section-177-1">subsection (1)</ref><ref href="#section-177-1-c">(c)</ref>, a person is connected to arrangements if the person is—</p></intro><level class="para1" eId="section-177-3-a"><num>(a)</num><content><p>to any extent involved in making the arrangements available for implementation by another person,</p></content></level><level class="para1" eId="section-177-3-b"><num>(b)</num><content><p>to any extent involved in the organisation or management of the arrangements, or</p></content></level><level class="para1" eId="section-177-3-c"><num>(c)</num><content><p>directly or indirectly benefiting from the arrangements.</p></content></level></subsection></section><section eId="section-178"><num>178</num><heading>Anti-avoidance enactments</heading><subsection eId="section-178-1"><num>(1)</num><intro><p>In <ref href="#part-6">this Chapter</ref>, an “<term refersTo="#term-anti-avoidance-enactment" eId="term-anti-avoidance-enactment">anti-avoidance enactment</term>” means—</p></intro><level class="para1" eId="section-178-1-a"><num>(a)</num><content><p><ref eId="c00200" href="https://www.legislation.gov.uk/ukpga/2004/12/part/7">Part 7</ref> of <ref eId="c00201" href="https://www.legislation.gov.uk/ukpga/2004/12/contents">FA 2004</ref> (disclosure of tax avoidance schemes);</p></content></level><level class="para1" eId="section-178-1-b"><num>(b)</num><content><p><ref eId="c00202" href="https://www.legislation.gov.uk/ukpga/2014/26/part/5">Part 5</ref> of <ref eId="c00203" href="https://www.legislation.gov.uk/ukpga/2014/26/contents">FA 2014</ref> (promoters of tax avoidance schemes);</p></content></level><level class="para1" eId="section-178-1-c"><num>(c)</num><content><p><ref eId="c00204" href="https://www.legislation.gov.uk/ukpga/2017/32/schedule/16">Schedule 16</ref> to <ref eId="c00205" href="https://www.legislation.gov.uk/ukpga/2017/32/contents">F(No.2)A 2017</ref> (penalties for enablers of defeated tax avoidance);</p></content></level><level class="para1" eId="section-178-1-d"><num>(d)</num><content><p><ref eId="c00206" href="https://www.legislation.gov.uk/ukpga/2017/32/schedule/17">Schedule 17</ref> to <ref eId="c00207" href="https://www.legislation.gov.uk/ukpga/2017/32/contents">F(No.2)A 2017</ref> (disclosure of tax avoidance schemes: VAT and other indirect taxes);</p></content></level><level class="para1" eId="section-178-1-e"><num>(e)</num><content><p>Chapter 1 of this Part (prohibition on promotion of certain tax avoidance arrangements).</p></content></level></subsection><subsection eId="section-178-2"><num>(2)</num><intro><p>And a reference to taking action under an anti-avoidance enactment includes a reference to taking action under—</p></intro><level class="para1" eId="section-178-2-a"><num>(a)</num><content><p><ref eId="c00208" href="https://www.legislation.gov.uk/ukpga/1986/46/section/8ZF">sections 8ZF</ref> and <ref eId="c00209" href="https://www.legislation.gov.uk/ukpga/1986/46/section/8ZG">8ZG</ref> of the <ref eId="c00210" href="https://www.legislation.gov.uk/ukpga/1986/46/contents">Company Directors Disqualification Act 1986</ref> (disqualification for promoting tax avoidance);</p></content></level><level class="para1" eId="section-178-2-b"><num>(b)</num><content><p><ref eId="c00211" href="https://www.legislation.gov.uk/ukpga/2020/14/schedule/13">Schedule 13</ref> to <ref eId="c00212" href="https://www.legislation.gov.uk/ukpga/2020/14/contents">FA 2020</ref> (joint and several liability);</p></content></level><level class="para1" eId="section-178-2-c"><num>(c)</num><content><p><ref eId="c00213" href="https://www.legislation.gov.uk/ukpga/2022/3/section/85">section 85</ref> of <ref eId="c00214" href="https://www.legislation.gov.uk/ukpga/2022/3/contents">FA 2022</ref> (winding up petitions by an officer of HMRC);</p></content></level><level class="para1" eId="section-178-2-d"><num>(d)</num><content><p><ref eId="c00215" href="https://www.legislation.gov.uk/ukpga/2022/3/section/86">section 86</ref> of <ref eId="c00216" href="https://www.legislation.gov.uk/ukpga/2022/3/contents">FA 2022</ref> (publication by HMRC of information about tax avoidance schemes);</p></content></level><level class="para1" eId="section-178-2-e"><num>(e)</num><content><p><ref eId="c00217" href="https://www.legislation.gov.uk/ukpga/2022/3/section/87">sections 87</ref>, <ref eId="c00218" href="https://www.legislation.gov.uk/ukpga/2022/3/section/88">88</ref> and <ref eId="c00219" href="https://www.legislation.gov.uk/ukpga/2022/3/section/89">89</ref> of <ref eId="c00220" href="https://www.legislation.gov.uk/ukpga/2022/3/contents">FA 2022</ref> (freezing orders etc);</p></content></level><level class="para1" eId="section-178-2-f"><num>(f)</num><content><p><ref eId="c00221" href="https://www.legislation.gov.uk/ukpga/2022/3/schedule/13">Schedule 13</ref> to <ref eId="c00222" href="https://www.legislation.gov.uk/ukpga/2022/3/contents">FA 2022</ref> (penalties for facilitating avoidance schemes involving non-resident promoters);</p></content></level><level class="para1" eId="section-178-2-g"><num>(g)</num><content><p>Chapter 2 of this Part (promoter action notices).</p></content></level></subsection></section></hcontainer><hcontainer name="crossheading" ukl:Name="Pblock" eId="part-6-chapter-3-crossheading-notices-by-type"><heading>Notices by type</heading><section eId="section-179"><num>179</num><heading>Information notices: connected persons</heading><subsection eId="section-179-1"><num>(1)</num><intro><p>An officer of Revenue and Customs may by notice require a connected person to provide information that is, in the opinion of the officer, reasonably required for the purposes of—</p></intro><level class="para1" eId="section-179-1-a"><num>(a)</num><content><p>monitoring the compliance of the connected person with an anti-avoidance enactment, or</p></content></level><level class="para1" eId="section-179-1-b"><num>(b)</num><content><p>HMRC taking, or considering whether HMRC could take, action against the connected person under an anti-avoidance enactment.</p></content></level></subsection><subsection eId="section-179-2"><num>(2)</num><content><p>An officer of Revenue and Customs may seek the approval of the tribunal before issuing a notice under <ref href="#section-179">this section</ref>.</p></content></subsection></section><section eId="section-180"><num>180</num><heading>Information notices: third parties</heading><subsection eId="section-180-1"><num>(1)</num><intro><p>An officer of Revenue and Customs may by notice require a person to provide information that is, in the opinion of the officer, reasonably required for the purposes of—</p></intro><level class="para1" eId="section-180-1-a"><num>(a)</num><content><p>monitoring the compliance of a connected person with an anti-avoidance enactment, or</p></content></level><level class="para1" eId="section-180-1-b"><num>(b)</num><content><p>HMRC taking, or considering whether HMRC could take, action against a connected person under an anti-avoidance enactment.</p></content></level></subsection><subsection eId="section-180-2"><num>(2)</num><content><p>A notice under <ref href="#section-180">this section</ref> must identify the connected person to whom it relates.</p></content></subsection><subsection eId="section-180-3"><num>(3)</num><intro><p>Before issuing a notice under <ref href="#section-180">this section</ref>, an officer of Revenue and Customs must—</p></intro><level class="para1" eId="section-180-3-a"><num>(a)</num><intro><p>notify the intended recipient of—</p></intro><level class="para2" eId="section-180-3-a-i"><num>(i)</num><content><p>the officer’s intention to issue the notice, and</p></content></level><level class="para2" eId="section-180-3-a-ii"><num>(ii)</num><content><p>the information that would be required under the notice, and</p></content></level></level><level class="para1" eId="section-180-3-b"><num>(b)</num><content><p>allow the intended recipient reasonable opportunity to make representations to HMRC.</p></content></level></subsection><subsection eId="section-180-4"><num>(4)</num><intro><p>An officer of Revenue and Customs may not issue a notice under <ref href="#section-180">this section</ref> without either—</p></intro><level class="para1" eId="section-180-4-a"><num>(a)</num><content><p>the agreement of the connected person identified in the notice, or</p></content></level><level class="para1" eId="section-180-4-b"><num>(b)</num><content><p>the approval of the tribunal.</p></content></level></subsection><subsection eId="section-180-5"><num>(5)</num><content><p>The tribunal may not approve a notice unless it has been given a summary of any representations made under subsection <ref href="#section-180-3">(3)</ref><ref href="#section-180-3-b">(b)</ref>.</p></content></subsection><subsection eId="section-180-6"><num>(6)</num><intro><p>After issuing a notice under <ref href="#section-180">this section</ref>, an officer of Revenue and Customs must provide to the connected person identified in the notice—</p></intro><level class="para1" eId="section-180-6-a"><num>(a)</num><content><p>a copy of the notice, and</p></content></level><level class="para1" eId="section-180-6-b"><num>(b)</num><content><p>a summary of the officer’s reasons for requiring the information.</p></content></level></subsection><subsection eId="section-180-7"><num>(7)</num><content><p><ref href="#section-180-2">Subsections (2)</ref>, <ref href="#section-180-3">(3)</ref> and <ref href="#section-180-6">(6)</ref> do not apply to the extent the tribunal is satisfied that taking the steps in those subsections might prejudice the investigation of tax avoidance.</p></content></subsection></section><section eId="section-181"><num>181</num><heading>Information notices: unidentified connected persons</heading><subsection eId="section-181-1"><num>(1)</num><intro><p>An officer of Revenue and Customs may by notice require a person to provide information that is, in the opinion of the officer, reasonably required for the purposes of—</p></intro><level class="para1" eId="section-181-1-a"><num>(a)</num><content><p>monitoring the compliance of an unidentified connected person with an anti-avoidance enactment, or</p></content></level><level class="para1" eId="section-181-1-b"><num>(b)</num><content><p>HMRC taking, or considering whether HMRC could take, action against an unidentified connected person under an anti-avoidance enactment.</p></content></level></subsection><subsection eId="section-181-2"><num>(2)</num><intro><p>In <ref href="#section-181">this section</ref>, “<term refersTo="#term-unidentified-connected-person" eId="term-unidentified-connected-person">unidentified connected person</term>” means—</p></intro><level class="para1" eId="section-181-2-a"><num>(a)</num><content><p>a connected person whose identity is not known to the officer, or</p></content></level><level class="para1" eId="section-181-2-b"><num>(b)</num><content><p>a class of persons whose individual identities are not known to the officer but, of which, one or more members is a connected person.</p></content></level></subsection><subsection eId="section-181-3"><num>(3)</num><content><p>A notice under <ref href="#section-181">this section</ref> may only require information that is not readily available from another source.</p></content></subsection><subsection eId="section-181-4"><num>(4)</num><content><p>An officer of Revenue and Customs may not issue a notice under <ref href="#section-181">this section</ref> without the approval of the tribunal.</p></content></subsection><subsection eId="section-181-5"><num>(5)</num><content><p>In subsection <ref href="#section-181-1">(1)</ref><ref href="#section-181-1-b">(b)</ref>, the reference to taking action against an unidentified connected person includes a reference to taking action against one or more members of a class referred to in subsection <ref href="#section-181-2">(2)</ref><ref href="#section-181-2-b">(b)</ref>.</p></content></subsection></section><section eId="section-182"><num>182</num><heading>Information notices: identification</heading><subsection eId="section-182-1"><num>(1)</num><content><p>An officer of Revenue and Customs may by notice require a person to provide identifying information that is, in the opinion of the officer, reasonably required for the purpose of identifying an unidentified connected person.</p></content></subsection><subsection eId="section-182-2"><num>(2)</num><intro><p>An officer of Revenue and Customs may not issue a notice under <ref href="#section-182-1">subsection (1)</ref> unless the officer has reason to believe that—</p></intro><level class="para1" eId="section-182-2-a"><num>(a)</num><content><p>the intended recipient of the notice could identify the unidentified connected person by reference to information provided by the officer, and</p></content></level><level class="para1" eId="section-182-2-b"><num>(b)</num><content><p>the recipient obtained the identifying information in the course of a business.</p></content></level></subsection><subsection eId="section-182-3"><num>(3)</num><content><p>A notice under <ref href="#section-182">this section</ref> may only require information that is not readily available from another source.</p></content></subsection><subsection eId="section-182-4"><num>(4)</num><intro><p>In <ref href="#section-182">this section</ref>—</p></intro><hcontainer name="definition"><intro><p>“<term refersTo="#term-identifying-information" eId="term-identifying-information">identifying information</term>” means one or more of an unidentified connected person’s—</p></intro><level class="para1"><num>(a)</num><content><p>name;</p></content></level><level class="para1"><num>(b)</num><content><p>last known address;</p></content></level><level class="para1"><num>(c)</num><content><p>in the case of an individual, date of birth;</p></content></level></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-unidentified-connected-person" eId="term-unidentified-connected-person">unidentified connected person</term>” has the meaning given in section <ref href="#section-181">181</ref>.</p></content></hcontainer></subsection><subsection eId="section-182-5"><num>(5)</num><intro><p>An officer of Revenue and Customs who is not an authorised officer may not issue a notice under this section without the approval of either—</p></intro><level class="para1" eId="section-182-5-a"><num>(a)</num><content><p>the tribunal, or</p></content></level><level class="para1" eId="section-182-5-b"><num>(b)</num><content><p>an authorised officer of Revenue and Customs.</p></content></level></subsection><subsection eId="section-182-6"><num>(6)</num><content><p>An authorised officer of Revenue and Customs may seek the approval of the tribunal before issuing a notice under this section.</p></content></subsection></section><section eId="section-183"><num>183</num><heading>Information notices: financial institutions</heading><subsection eId="section-183-1"><num>(1)</num><intro><p>An officer of Revenue and Customs may by notice require a financial institution to provide information that is, in the opinion of the officer, reasonably required for the purposes of—</p></intro><level class="para1" eId="section-183-1-a"><num>(a)</num><content><p>monitoring the compliance of a connected person with an anti-avoidance enactment, or</p></content></level><level class="para1" eId="section-183-1-b"><num>(b)</num><content><p>HMRC taking, or considering whether HMRC could take, action against a connected person under an anti-avoidance enactment.</p></content></level></subsection><subsection eId="section-183-2"><num>(2)</num><content><p>A notice under this section must identify the connected person to whom it relates.</p></content></subsection><subsection eId="section-183-3"><num>(3)</num><content><p>An officer of Revenue and Customs may not issue a notice under this section without the approval of the tribunal.</p></content></subsection><subsection eId="section-183-4"><num>(4)</num><intro><p>After issuing a notice under this section, an officer of Revenue and Customs must provide to the connected person identified in the notice—</p></intro><level class="para1" eId="section-183-4-a"><num>(a)</num><content><p>a copy of the notice, and</p></content></level><level class="para1" eId="section-183-4-b"><num>(b)</num><content><p>a summary of the officer’s reasons for requiring the information.</p></content></level></subsection><subsection eId="section-183-5"><num>(5)</num><content><p>Subsection <ref href="#section-183-4">(4)</ref> does not apply to the extent the tribunal is satisfied that taking the steps in <ref href="#section-183-4">that subsection</ref> might prejudice the investigation of tax avoidance.</p></content></subsection><subsection eId="section-183-6"><num>(6)</num><intro><p>In this section—</p></intro><hcontainer name="definition"><intro><p>“<term refersTo="#term-financial-institution" eId="term-financial-institution">financial institution</term>” means—</p></intro><level class="para1"><num>(a)</num><content><p>a financial institution under the CRS other than one which is such an institution only because it is an investment entity within section 8(A)(6)(b) of the CRS;</p></content></level><level class="para1"><num>(b)</num><content><p>a person who issues credit cards;</p></content></level></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-crs" eId="term-crs">CRS</term>” means the common reporting standard for automatic exchange of financial account information developed by the Organisation for Economic Co-operation and Development, as that standard has effect from time to time.</p></content></hcontainer></subsection></section></hcontainer><hcontainer name="crossheading" ukl:Name="Pblock" eId="part-6-chapter-3-crossheading-content-requirements-and-withdrawal-of-notices"><heading>Content, requirements and withdrawal of notices</heading><section eId="section-184"><num>184</num><heading>Content and requirements of notices</heading><subsection eId="section-184-1"><num>(1)</num><intro><p>An information notice must specify (or, in the case of paragraphs (a) and (b), describe)—</p></intro><level class="para1" eId="section-184-1-a"><num>(a)</num><content><p>the information that the recipient is required to provide;</p></content></level><level class="para1" eId="section-184-1-b"><num>(b)</num><content><p>the form in which, and the means by which, the information is to be provided;</p></content></level><level class="para1" eId="section-184-1-c"><num>(c)</num><content><p>a reasonable period within which the information is to be provided;</p></content></level><level class="para1" eId="section-184-1-d"><num>(d)</num><content><p>the provision under which the notice is issued;</p></content></level><level class="para1" eId="section-184-1-e"><num>(e)</num><content><p>whether the notice is issued with the approval of the tribunal.</p></content></level></subsection><subsection eId="section-184-2"><num>(2)</num><content><p>An information notice issued under sections <ref href="#section-180">180</ref> to <ref href="#section-183">183</ref> may only require information that would not, in the reasonable opinion of an officer of Revenue and Customs, be unduly onerous for the recipient to provide.</p></content></subsection><subsection eId="section-184-3"><num>(3)</num><content><p>An information notice may not require a person to produce a document if the whole of the document originates more than 6 years before the date of the notice without the agreement of an authorised officer of Revenue and Customs.</p></content></subsection><subsection eId="section-184-4"><num>(4)</num><content><p>An information notice may be issued to a person outside the United Kingdom.</p></content></subsection></section><section eId="section-185"><num>185</num><heading>Restriction on disclosure of notices</heading><subsection eId="section-185-1"><num>(1)</num><intro><p>An information notice may require the recipient not to disclose the existence or contents of the notice to—</p></intro><level class="para1" eId="section-185-1-a"><num>(a)</num><content><p>the connected person to whom the notice relates,</p></content></level><level class="para1" eId="section-185-1-b"><num>(b)</num><content><p>in the case of a notice under <ref href="#section-181">section 181</ref>, members of the class of persons to which the notice relates,</p></content></level><level class="para1" eId="section-185-1-c"><num>(c)</num><content><p>any person who might reasonably be expected to disclose the existence or contents of the notice to the connected person or members of the class, or</p></content></level><level class="para1" eId="section-185-1-d"><num>(d)</num><content><p>any other person.</p></content></level></subsection><subsection eId="section-185-2"><num>(2)</num><intro><p>A requirement under subsection <ref href="#section-185-1">(1)</ref><ref href="#section-185-1-d">(d)</ref> may not prohibit disclosure for, or in connection with, the purpose of—</p></intro><level class="para1" eId="section-185-2-a"><num>(a)</num><content><p>complying with the notice, or</p></content></level><level class="para1" eId="section-185-2-b"><num>(b)</num><content><p>seeking legal advice.</p></content></level></subsection><subsection eId="section-185-3"><num>(3)</num><intro><p>A requirement imposed under <ref href="#section-185-1">subsection (1)</ref> has effect until the end of the period of 12 months beginning with the day on which the notice is issued, unless before the end of that period—</p></intro><level class="para1" eId="section-185-3-a"><num>(a)</num><content><p>the requirement is withdrawn in accordance with <ref href="#section-185-4">subsection (4)</ref>, or</p></content></level><level class="para1" eId="section-185-3-b"><num>(b)</num><content><p>the period is extended in accordance with <ref href="#section-185-5">subsection (5)</ref>.</p></content></level></subsection><subsection eId="section-185-4"><num>(4)</num><content><p>An officer of Revenue and Customs may withdraw the requirement by notifying the recipient in writing.</p></content></subsection><subsection eId="section-185-5"><num>(5)</num><intro><p>An officer of Revenue and Customs may by notice to the recipient—</p></intro><level class="para1" eId="section-185-5-a"><num>(a)</num><content><p>extend the period during which a requirement imposed under <ref href="#section-185-1">subsection (1)</ref> has effect by a period of 12 months beginning with the day after the last day of the previous period of 12 months, and</p></content></level><level class="para1" eId="section-185-5-b"><num>(b)</num><content><p>do so on one or more occasions.</p></content></level></subsection><subsection eId="section-185-6"><num>(6)</num><intro><p>An officer of Revenue and Customs may not issue a notice under <ref href="#section-185-5">subsection (5)</ref> unless—</p></intro><level class="para1" eId="section-185-6-a"><num>(a)</num><content><p>the officer considers that there are reasonable grounds for believing that failure to extend the period might prejudice the investigation of tax avoidance, and</p></content></level><level class="para1" eId="section-185-6-b"><num>(b)</num><intro><p>where the officer is not an authorised officer of Revenue and Customs, an authorised officer agrees with the officer’s—</p></intro><level class="para2" eId="section-185-6-b-i"><num>(i)</num><content><p>decision to extend the period, and</p></content></level><level class="para2" eId="section-185-6-b-ii"><num>(ii)</num><content><p>assessment under <ref href="#section-185-6-a">paragraph (a)</ref>.</p></content></level></level></subsection></section><section eId="section-186"><num>186</num><heading>Excepted information</heading><subsection eId="section-186-1"><num>(1)</num><content><p>An information notice does not require a person to provide information that is not in the possession or power of that person.</p></content></subsection><subsection eId="section-186-2"><num>(2)</num><intro><p>An information notice does not require a person to provide—</p></intro><level class="para1" eId="section-186-2-a"><num>(a)</num><content><p>information that relates to the conduct of a pending tax appeal or appeal against a decision under an anti-avoidance enactment;</p></content></level><level class="para1" eId="section-186-2-b"><num>(b)</num><content><p>personal records (as defined in <ref eId="c00223" href="https://www.legislation.gov.uk/ukpga/1984/60/section/12">section 12</ref> of the <ref eId="c00224" href="https://www.legislation.gov.uk/ukpga/1984/60/contents">Police and Criminal Evidence Act 1984</ref>) or information contained in such records, except that a notice may require a person to produce a redacted version of a document omitting any information that would otherwise make it personal records;</p></content></level><level class="para1" eId="section-186-2-c"><num>(c)</num><content><p>journalistic material (as defined in <ref eId="c00225" href="https://www.legislation.gov.uk/ukpga/1984/60/section/13">section 13</ref> of <ref eId="c00226" href="https://www.legislation.gov.uk/ukpga/1984/60/contents">that Act</ref>) or information contained in such material;</p></content></level><level class="para1" eId="section-186-2-d"><num>(d)</num><content><p>information in respect of a which a claim to legal professional privilege or, (in Scotland) to confidentiality of communications as between a client and professional legal advisor, could be maintained by the person in legal proceedings.</p></content></level></subsection><subsection eId="section-186-3"><num>(3)</num><content><p>An information notice does not require a person who has been appointed auditor for the purposes of an enactment to provide information held or created in connection with the performance of the person’s functions under the enactment, other than information that the recipient of the notice has assisted any client in preparing for, or delivering to, HMRC.</p></content></subsection><subsection eId="section-186-4"><num>(4)</num><intro><p><ref href="#section-186-3">Subsection (3)</ref> does not apply in relation to—</p></intro><level class="para1" eId="section-186-4-a"><num>(a)</num><content><p>a notice under <ref href="#section-182">section 182</ref> (identification), or</p></content></level><level class="para1" eId="section-186-4-b"><num>(b)</num><intro><p>identifying information (within the meaning given in <ref href="#section-182">section 182</ref>) required by a notice under <ref href="#section-181">section 181</ref> in respect of—</p></intro><level class="para2" eId="section-186-4-b-i"><num>(i)</num><content><p>the connected person to whom the notice relates, or</p></content></level><level class="para2" eId="section-186-4-b-ii"><num>(ii)</num><content><p>a person who has acted on behalf of the connected person.</p></content></level></level></subsection><subsection eId="section-186-5"><num>(5)</num><content><p>The Commissioners may by regulations make provision for the resolution by the tribunal of disputes as to whether any information falls within <ref href="#section-186-2">subsection (2)</ref><ref href="#section-186-2-d">(d)</ref> (privilege).</p></content></subsection><subsection eId="section-186-6"><num>(6)</num><content><p>Regulations under <ref href="#section-186-5">subsection (5)</ref> are to be made by statutory instrument and a statutory instrument containing regulations under <ref href="#section-186-5">subsection (5)</ref> is subject to annulment in pursuance of a resolution of the House of Commons.</p></content></subsection></section><section eId="section-187"><num>187</num><heading>Tribunal approval of notices</heading><subsection eId="section-187-1"><num>(1)</num><content><p>An application to the tribunal for approval of a notice, or disapplication of requirements, under this Chapter may be made without notice.</p></content></subsection><subsection eId="section-187-2"><num>(2)</num><content><p>An officer of Revenue and Customs (other than an authorised officer) may not seek the approval of, or disapplication of requirements by, the tribunal without the agreement of an authorised officer of Revenue and Customs.</p></content></subsection><subsection eId="section-187-3"><num>(3)</num><content><p>The tribunal may not approve the issue of a notice under <span><ref href="#section-179">sections 179</ref> to <ref href="#section-183">183</ref></span> unless it is satisfied that the requirements of the relevant section are met.</p></content></subsection><subsection eId="section-187-4"><num>(4)</num><content><p>A decision of the tribunal is final (despite sections 11 and 13 of the Tribunals, Courts and Enforcement Act 2007).</p></content></subsection></section><section eId="section-188"><num>188</num><heading>Withdrawal of notices</heading><content><p>An officer of Revenue and Customs may withdraw an information notice by notifying the recipient in writing.</p></content></section></hcontainer><hcontainer name="crossheading" ukl:Name="Pblock" eId="part-6-chapter-3-crossheading-criminal-sanctions"><heading>Criminal sanctions</heading><section eId="section-189"><num>189</num><heading>Offence of failing to comply with a notice</heading><subsection eId="section-189-1"><num>(1)</num><intro><p>A recipient of an information notice commits an offence if the recipient—</p></intro><level class="para1" eId="section-189-1-a"><num>(a)</num><content><p>fails to comply with the notice, or</p></content></level><level class="para1" eId="section-189-1-b"><num>(b)</num><content><p>in purporting to comply with the notice, carelessly or deliberately provides inaccurate information.</p></content></level></subsection><subsection eId="section-189-2"><num>(2)</num><content><p>It is a defence for a person charged with an offence under subsection <ref href="#section-189-1">(1)</ref><ref href="#section-189-1-a">(a)</ref> to show that they had a reasonable excuse.</p></content></subsection><subsection eId="section-189-3"><num>(3)</num><content><p>In this section, a reference to carelessness is a reference to a failure to take reasonable care.</p></content></subsection><subsection eId="section-189-4"><num>(4)</num><content><p><ref href="#section-189">This section</ref> does not apply in respect of a notice under <ref href="#section-183">section 183</ref> (financial institutions).</p></content></subsection></section><section eId="section-190"><num>190</num><heading>Offence of concealing information</heading><subsection eId="section-190-1"><num>(1)</num><content><p>A recipient of an information notice commits an offence if the recipient conceals, destroys or otherwise disposes of information that is required to be provided under the notice.</p></content></subsection><subsection eId="section-190-2"><num>(2)</num><content><p>It is a defence for a person charged with an offence under <ref href="#section-190-1">subsection (1)</ref> to show that they concealed, destroyed or otherwise disposed of the information only after the information had been provided in accordance with the notice.</p></content></subsection><subsection eId="section-190-3"><num>(3)</num><content><p><ref href="#section-190-2">Subsection (2)</ref> does not apply where an officer of Revenue and Customs had notified the person in writing that the information must continue to be available (and had not withdrawn that notification).</p></content></subsection><subsection eId="section-190-4"><num>(4)</num><intro><p>A person commits an offence if—</p></intro><level class="para1" eId="section-190-4-a"><num>(a)</num><intro><p>an officer of Revenue and Customs has notified the person under <ref href="#section-180">section 180</ref><ref href="#section-180-3">(3)</ref> that—</p></intro><level class="para2" eId="section-190-4-a-i"><num>(i)</num><content><p>the officer intends to issue an information notice to the person, and</p></content></level><level class="para2" eId="section-190-4-a-ii"><num>(ii)</num><content><p>certain information would be required under the notice, and</p></content></level></level><level class="para1" eId="section-190-4-b"><num>(b)</num><content><p>the person conceals, destroys or otherwise disposes of the information.</p></content></level></subsection><subsection eId="section-190-5"><num>(5)</num><intro><p>It is a defence for a person charged with an offence under <ref href="#section-190-4">subsection (4)</ref> to show that they concealed, destroyed or otherwise disposed of the information only—</p></intro><level class="para1" eId="section-190-5-a"><num>(a)</num><content><p>after the end of the period of six months beginning with the day on which they were last notified under <ref href="#section-180">section 180</ref><ref href="#section-180-3">(3)</ref> in respect of the information, or</p></content></level><level class="para1" eId="section-190-5-b"><num>(b)</num><content><p>after an information notice has been issued to the person in respect of the information.</p></content></level></subsection><subsection eId="section-190-6"><num>(6)</num><content><p>In <ref href="#section-190">this section</ref>, a reference to concealing, destroying or otherwise disposing of information includes a reference to arranging for the concealment, destruction or disposal of information.</p></content></subsection><subsection eId="section-190-7"><num>(7)</num><content><p><ref href="#section-190">This section</ref> does not apply in respect of a notice under <ref href="#section-183">section 183</ref> (financial institutions).</p></content></subsection></section><section eId="section-191"><num>191</num><heading>Criminal liability of responsible persons</heading><subsection eId="section-191-1"><num>(1)</num><intro><p>If an offence under <ref href="#section-189">section 189</ref> or <ref href="#section-190">190</ref> is committed by a body corporate or a partnership and—</p></intro><level class="para1" eId="section-191-1-a"><num>(a)</num><content><p>is committed with the consent or connivance of a responsible person, or</p></content></level><level class="para1" eId="section-191-1-b"><num>(b)</num><content><p>is attributable to the neglect of a responsible person,</p></content></level><wrapUp><p>the responsible person commits the offence (as well as the body or partnership).</p></wrapUp></subsection><subsection eId="section-191-2"><num>(2)</num><intro><p>A “<term refersTo="#term-responsible-person" eId="term-responsible-person">responsible person</term>” means—</p></intro><level class="para1" eId="section-191-2-a"><num>(a)</num><intro><p>in relation to a body corporate other than one whose affairs are managed by its members—</p></intro><level class="para2" eId="section-191-2-a-i"><num>(i)</num><content><p>a director, manager, secretary or other similar officer of the body, or a person purporting to act in such a capacity, or</p></content></level><level class="para2" eId="section-191-2-a-ii"><num>(ii)</num><content><p>a shadow director within the meaning given in <ref eId="c00227" href="https://www.legislation.gov.uk/ukpga/2006/46/section/251">section 251</ref> of the <ref eId="c00228" href="https://www.legislation.gov.uk/ukpga/2006/46/contents">Companies Act 2006</ref>;</p></content></level></level><level class="para1" eId="section-191-2-b"><num>(b)</num><intro><p>in relation to a limited liability partnership or other body corporate whose affairs are managed by its members—</p></intro><level class="para2" eId="section-191-2-b-i"><num>(i)</num><content><p>a member exercising management functions, or purporting to do so, or</p></content></level><level class="para2" eId="section-191-2-b-ii"><num>(ii)</num><content><p>in the case of a limited liability partnership, a shadow member;</p></content></level></level><level class="para1" eId="section-191-2-c"><num>(c)</num><content><p>in relation to a partnership, a partner or a person purporting to act in that capacity.</p></content></level></subsection><subsection eId="section-191-3"><num>(3)</num><content><p>In <ref href="#section-164">this section</ref>, a “<term refersTo="#term-shadow-member" eId="term-shadow-member">shadow member</term>” means a person in accordance with whose directions or instructions the members of the limited liability partnership are accustomed to act, save that a person is not a shadow member by reason only of the fact that the members act on advice given by that person in a professional capacity.</p></content></subsection></section><section eId="section-192"><num>192</num><heading>Criminal liability of responsible persons: no prosecution of recipient</heading><subsection eId="section-192-1"><num>(1)</num><intro><p>Subsection (2) applies where a body corporate or partnership that is the recipient of an information notice—</p></intro><level class="para1" eId="section-192-1-a"><num>(a)</num><content><p>fails to comply with the notice, or</p></content></level><level class="para1" eId="section-192-1-b"><num>(b)</num><content><p>in purporting to comply with the notice, carelessly or deliberately provides inaccurate information.</p></content></level></subsection><subsection eId="section-192-2"><num>(2)</num><intro><p>If the recipient’s failure or careless or deliberate provision of inaccurate information—</p></intro><level class="para1" eId="section-192-2-a"><num>(a)</num><content><p>occurred with the consent or connivance of a responsible person, or</p></content></level><level class="para1" eId="section-192-2-b"><num>(b)</num><content><p>is attributable to the neglect of a responsible person,</p></content></level><wrapUp><p>the responsible person commits an offence.</p></wrapUp></subsection><subsection eId="section-192-3"><num>(3)</num><content><p>It is a defence for a person charged with an offence under subsection (2) to show that they or the recipient had a reasonable excuse.</p></content></subsection><subsection eId="section-192-4"><num>(4)</num><intro><p>In this section—</p></intro><level class="para1" eId="section-192-4-a"><num>(a)</num><content><p>a reference to carelessness is a reference to a failure to take reasonable care, and</p></content></level><level class="para1" eId="section-192-4-b"><num>(b)</num><content><p>“<term refersTo="#term-responsible-person" eId="term-responsible-person">responsible person</term>” has the same meaning as in <ref href="#section-191">section 191</ref>.</p></content></level></subsection><subsection eId="section-192-5"><num>(5)</num><content><p><ref href="#section-189">This section</ref> does not apply in respect of a notice under <ref href="#section-183">section 183</ref> (financial institutions).</p></content></subsection></section><section eId="section-193"><num>193</num><heading>Imprisonment or a fine</heading><intro><p>A person who commits an offence under <ref href="#section-189">section 189</ref>, <ref href="#section-190">190</ref> or <ref href="#section-192">192</ref> is liable—</p></intro><level class="para1" eId="section-193-a"><num>(a)</num><intro><p>on summary conviction, to—</p></intro><level class="para2" eId="section-193-a-i"><num>(i)</num><content><p>in England and Wales, a fine, or</p></content></level><level class="para2" eId="section-193-a-ii"><num>(ii)</num><content><p>in Scotland or Northern Ireland, a fine not exceeding the statutory maximum, or</p></content></level></level><level class="para1" eId="section-193-b"><num>(b)</num><content><p>on conviction on indictment, to imprisonment for a term not exceeding two years or to a fine or both.</p></content></level></section></hcontainer><hcontainer name="crossheading" ukl:Name="Pblock" eId="part-6-chapter-3-crossheading-civil-sanctions"><heading>Civil sanctions</heading><section eId="section-194"><num>194</num><heading>Penalty for failing to comply with a notice</heading><subsection eId="section-194-1"><num>(1)</num><intro><p>A recipient of an information notice is liable to a penalty if the recipient—</p></intro><level class="para1" eId="section-194-1-a"><num>(a)</num><content><p>fails to comply with the notice, and</p></content></level><level class="para1" eId="section-194-1-b"><num>(b)</num><content><p>does so without reasonable excuse.</p></content></level></subsection><subsection eId="section-194-2"><num>(2)</num><intro><p>The penalty under <ref href="#section-194-1">subsection (1)</ref> is—</p></intro><level class="para1" eId="section-194-2-a"><num>(a)</num><content><p>in relation to a notice under <ref href="#section-183">section 183</ref> (financial institutions), £300;</p></content></level><level class="para1" eId="section-194-2-b"><num>(b)</num><content><p>otherwise, £5,000.</p></content></level></subsection><subsection eId="section-194-3"><num>(3)</num><content><p>If a failure referred to in <ref href="#section-194-1">subsection (1)</ref> continues after the day on which a penalty is imposed in respect of it, the recipient is liable to a further penalty for each day on which the failure continues.</p></content></subsection><subsection eId="section-194-4"><num>(4)</num><intro><p>The penalty under <ref href="#section-194-3">subsection (3)</ref> is—</p></intro><level class="para1" eId="section-194-4-a"><num>(a)</num><content><p>in relation to a notice under <ref href="#section-183">section 183</ref> (financial institutions), an amount not exceeding £60;</p></content></level><level class="para1" eId="section-194-4-b"><num>(b)</num><content><p>otherwise, an amount not exceeding £1,000.</p></content></level></subsection><subsection eId="section-194-5"><num>(5)</num><intro><p>Before imposing a penalty under <ref href="#section-194">this section</ref>, an officer of Revenue and Customs must—</p></intro><level class="para1" eId="section-194-5-a"><num>(a)</num><content><p>notify the recipient of the fact that the officer considers <ref href="#section-194-1">subsection (1)</ref> or <ref href="#section-194-3">(3)</ref> to apply, and</p></content></level><level class="para1" eId="section-194-5-b"><num>(b)</num><content><p>allow the recipient a period of 30 days beginning with the date of notification to make representations to HMRC.</p></content></level></subsection><subsection eId="section-194-6"><num>(6)</num><content><p><ref href="#section-194">This section</ref> does not apply in relation to a failure to comply with a requirement imposed under <ref href="#section-185">section 185</ref> (restriction on disclosure of notices).</p></content></subsection></section><section eId="section-195"><num>195</num><heading>Penalty for concealing information</heading><subsection eId="section-195-1"><num>(1)</num><intro><p>A recipient of an information notice is liable to a penalty if the recipient—</p></intro><level class="para1" eId="section-195-1-a"><num>(a)</num><content><p>is required to provide information under the notice issued, and</p></content></level><level class="para1" eId="section-195-1-b"><num>(b)</num><intro><p>conceals, destroys or otherwise disposes of the information—</p></intro><level class="para2" eId="section-195-1-b-i"><num>(i)</num><content><p>before the information has been provided in accordance with the notice, or</p></content></level><level class="para2" eId="section-195-1-b-ii"><num>(ii)</num><content><p>in circumstances where an officer of Revenue and Customs has notified the person in writing that the information must continue to be available (and has not withdrawn that notification).</p></content></level></level></subsection><subsection eId="section-195-2"><num>(2)</num><intro><p>A person is liable to a penalty if—</p></intro><level class="para1" eId="section-195-2-a"><num>(a)</num><intro><p>an officer of Revenue and Customs has notified the person under <ref href="#section-180">section 180</ref><ref href="#section-180-3">(3)</ref> that—</p></intro><level class="para2" eId="section-195-2-a-i"><num>(i)</num><content><p>the officer intends to issue an information notice to the person, and</p></content></level><level class="para2" eId="section-195-2-a-ii"><num>(ii)</num><content><p>certain information would be required under the notice, and</p></content></level></level><level class="para1" eId="section-195-2-b"><num>(b)</num><content><p>the person conceals, destroys or otherwise disposes of the information.</p></content></level></subsection><subsection eId="section-195-3"><num>(3)</num><intro><p><ref href="#section-195-2">Subsection (2)</ref> does not apply if the person concealed, destroyed or otherwise disposed of the information only—</p></intro><level class="para1" eId="section-195-3-a"><num>(a)</num><content><p>after the end of the period of 6 months beginning with the day on which they were last notified under <ref href="#section-180">section 180</ref><ref href="#section-180-3">(3)</ref> in respect of the information, or</p></content></level><level class="para1" eId="section-195-3-b"><num>(b)</num><content><p>after an information notice has been issued to the person in respect of the information.</p></content></level></subsection><subsection eId="section-195-4"><num>(4)</num><intro><p>The penalty under <ref href="#section-195-1">subsection (1)</ref> or <ref href="#section-195-2">(2)</ref> is—</p></intro><level class="para1" eId="section-195-4-a"><num>(a)</num><content><p>in relation to a notice under <ref href="#section-183">section 183</ref> (financial institutions), £300, or</p></content></level><level class="para1" eId="section-195-4-b"><num>(b)</num><content><p>otherwise, £20,000.</p></content></level></subsection><subsection eId="section-195-5"><num>(5)</num><content><p>In <ref href="#section-195">this section</ref>, a reference to concealing, destroying or otherwise disposing of information includes a reference to arranging for the concealment, destruction or disposal of information.</p></content></subsection></section><section eId="section-196"><num>196</num><heading>Penalty for inaccurate information</heading><subsection eId="section-196-1"><num>(1)</num><intro><p>A recipient of an information notice is liable to a penalty if the recipient—</p></intro><level class="para1" eId="section-196-1-a"><num>(a)</num><content><p>in purporting to comply with the notice, carelessly or deliberately provides inaccurate information, or</p></content></level><level class="para1" eId="section-196-1-b"><num>(b)</num><intro><p>after purporting to comply with the notice—</p></intro><level class="para2" eId="section-196-1-b-i"><num>(i)</num><content><p>discovers that, in doing so, they provided inaccurate information, and</p></content></level><level class="para2" eId="section-196-1-b-ii"><num>(ii)</num><content><p>does not take reasonable steps to notify HMRC of that fact.</p></content></level></level></subsection><subsection eId="section-196-2"><num>(2)</num><intro><p>The maximum penalty under subsection (1) is—</p></intro><level class="para1" eId="section-196-2-a"><num>(a)</num><content><p>in relation to a notice under <ref href="#section-183">section 183</ref> (financial institutions), £3,000 for each inaccuracy, or</p></content></level><level class="para1" eId="section-196-2-b"><num>(b)</num><content><p>otherwise, £20,000 for each inaccuracy.</p></content></level></subsection><subsection eId="section-196-3"><num>(3)</num><intro><p>Before imposing a penalty under <ref href="#section-196">this section</ref>, an officer of Revenue and Customs must—</p></intro><level class="para1" eId="section-196-3-a"><num>(a)</num><content><p>notify the recipient of the fact that the officer considers <ref href="#section-196-1">subsection (1)</ref> to apply, and</p></content></level><level class="para1" eId="section-196-3-b"><num>(b)</num><content><p>allow the recipient a period of 30 days beginning with the date of notification to make representations to HMRC.</p></content></level></subsection><subsection eId="section-196-4"><num>(4)</num><content><p>In this section, a reference to carelessness is a reference to a failure to take reasonable care.</p></content></subsection></section><section eId="section-197"><num>197</num><heading>Penalty for disclosing a notice</heading><subsection eId="section-197-1"><num>(1)</num><intro><p>A recipient of an information notice is liable to a penalty if the recipient—</p></intro><level class="para1" eId="section-197-1-a"><num>(a)</num><content><p>fails to comply with a requirement imposed under <ref href="#section-185">section 185</ref> (restriction on disclosure of notices), and</p></content></level><level class="para1" eId="section-197-1-b"><num>(b)</num><content><p>does so without reasonable excuse.</p></content></level></subsection><subsection eId="section-197-2"><num>(2)</num><intro><p>The penalty under subsection (1) is—</p></intro><level class="para1" eId="section-197-2-a"><num>(a)</num><content><p>in relation to a notice under <ref href="#section-183">section 183</ref> (financial institutions), £1,000, or</p></content></level><level class="para1" eId="section-197-2-b"><num>(b)</num><content><p>otherwise, £10,000.</p></content></level></subsection></section><section eId="section-198"><num>198</num><heading>Penalty based on monies received</heading><subsection eId="section-198-1"><num>(1)</num><intro><p><ref href="#section-198-3">Subsection (3)</ref> applies if—</p></intro><level class="para1" eId="section-198-1-a"><num>(a)</num><content><p>a penalty has been imposed on a person under <ref href="#section-194">section 194</ref><ref href="#section-194-1">(1)</ref> for failure to comply with a notice,</p></content></level><level class="para1" eId="section-198-1-b"><num>(b)</num><content><p>the person, without reasonable excuse, continues to fail to comply with the notice,</p></content></level><level class="para1" eId="section-198-1-c"><num>(c)</num><intro><p>an officer of Revenue and Customs has reason to believe that—</p></intro><level class="para2" eId="section-198-1-c-i"><num>(i)</num><content><p>the person received money or money’s worth in connection with the contravening arrangements to which the notice relates, and</p></content></level><level class="para2" eId="section-198-1-c-ii"><num>(ii)</num><content><p>the continuing failure is significant, and</p></content></level></level><level class="para1" eId="section-198-1-d"><num>(d)</num><content><p>the Upper Tribunal decides that it is appropriate for a penalty to be imposed under this section.</p></content></level></subsection><subsection eId="section-198-2"><num>(2)</num><intro><p>For the purposes of <ref href="#section-198-1">subsection (1)</ref><ref href="#section-198-1-c">(c)</ref><ref href="#section-198-1-c-ii">(ii)</ref>, a continuing failure is significant if—</p></intro><level class="para1" eId="section-198-2-a"><num>(a)</num><content><p>it continues beyond the end of the period of six months beginning with the day on which the penalty referred to in <ref href="#section-198-1">subsection (1)</ref><ref href="#section-198-1-a">(a)</ref> was imposed, or</p></content></level><level class="para1" eId="section-198-2-b"><num>(b)</num><intro><p>as a result of the continuing failure, it is or is likely to be significantly more difficult for HMRC to—</p></intro><level class="para2" eId="section-198-2-b-i"><num>(i)</num><content><p>monitor the compliance of a connected person with an anti-avoidance enactment, or</p></content></level><level class="para2" eId="section-198-2-b-ii"><num>(ii)</num><content><p>take, or consider whether HMRC could take, action against a connected person under an anti-avoidance enactment.</p></content></level></level></subsection><subsection eId="section-198-3"><num>(3)</num><content><p>The person is liable to a penalty equal to the amount of money or money’s worth received, or likely to have been received, by the person in connection with the contravening arrangements to which the notice relates.</p></content></subsection><subsection eId="section-198-4"><num>(4)</num><content><p>The amount of a penalty to which a person is liable under <ref href="#section-198-3">subsection (3)</ref> must be determined by the Upper Tribunal (with such determination being treated as assessment).</p></content></subsection><subsection eId="section-198-5"><num>(5)</num><intro><p>An application to the Tribunal for the purposes of <ref href="#section-198-1">subsection (1)</ref><ref href="#section-198-1-d">(d)</ref> or <ref href="#section-198-4">(4)</ref> may be made by an officer of Revenue and Customs and must be made before the end of the period of 12 months beginning with—</p></intro><level class="para1" eId="section-198-5-a"><num>(a)</num><intro><p>in the case of a penalty relating to a notice against which the recipient may appeal under <ref href="#section-204">section 204</ref>, the latest of—</p></intro><level class="para2" eId="section-198-5-a-i"><num>(i)</num><content><p>the day on which the person became liable to a penalty under <ref href="#section-194">section 194</ref><ref href="#section-194-1">(1)</ref>,</p></content></level><level class="para2" eId="section-198-5-a-ii"><num>(ii)</num><content><p>the last day of the period in which notice of appeal against the notice could have been given, and</p></content></level><level class="para2" eId="section-198-5-a-iii"><num>(iii)</num><content><p>if notice of such an appeal has been given, the day on which the appeal is determined or withdrawn, or</p></content></level></level><level class="para1" eId="section-198-5-b"><num>(b)</num><content><p>in any other case, the day on which the person became liable to a penalty under <ref href="#section-194">section 194</ref><ref href="#section-194-1">(1)</ref>.</p></content></level></subsection><subsection eId="section-198-6"><num>(6)</num><content><p>An officer of Revenue and Customs who makes an application for the purposes of <ref href="#section-198-1">subsection (1)</ref><ref href="#section-198-1-d">(d)</ref> or <ref href="#section-198-4">(4)</ref> must notify the person concerned.</p></content></subsection><subsection eId="section-198-7"><num>(7)</num><content><p>For the purposes of <ref href="#section-198">this section</ref>, a reference to contravening arrangements to which a notice relates is a reference to arrangements by reference to which the person to whom the notice relates is considered to be a connected person under <ref href="#section-177">section 177</ref><ref href="#section-177-1">(1)</ref> (including, where the person is a connected person under <ref href="#section-177">section 177</ref>(1)(b), arrangements by reference to which the other person is considered to be a connected person).</p></content></subsection><subsection eId="section-198-8"><num>(8)</num><content><p><ref href="#section-198">This section</ref> does not apply in relation to a notice under <ref href="#section-183">section 183</ref> (financial institutions).</p></content></subsection></section><section eId="section-199"><num>199</num><heading>Increased daily default penalty</heading><subsection eId="section-199-1"><num>(1)</num><intro><p>An officer of Revenue and Customs may apply to the tribunal for a determination that an increased penalty should be available under <ref href="#section-194">section 194</ref><ref href="#section-194-4">(4)</ref> in respect of a person’s failure to comply with an information notice if—</p></intro><level class="para1" eId="section-199-1-a"><num>(a)</num><content><p>a penalty has been imposed under <ref href="#section-194">section 194</ref><ref href="#section-194-3">(3)</ref> (daily penalties for continuing failure) in respect of the failure,</p></content></level><level class="para1" eId="section-199-1-b"><num>(b)</num><content><p>the failure continues after the end of the period of 30 days beginning with the day on which notification of the penalty under <ref href="#section-194">section 194</ref><ref href="#section-194-3">(3)</ref> was issued (see paragraph 46 to Schedule 36 to FA 2008), and</p></content></level><level class="para1" eId="section-199-1-c"><num>(c)</num><content><p>the officer has notified the person of their intention to apply to the tribunal under <ref href="#section-199">this section</ref>.</p></content></level></subsection><subsection eId="section-199-2"><num>(2)</num><intro><p>If the tribunal decides that an increased penalty should be available under <ref href="#section-194">section 194</ref><ref href="#section-194-4">(4)</ref> in respect of a person’s failure, the tribunal must determine—</p></intro><level class="para1" eId="section-199-2-a"><num>(a)</num><content><p>the amount of the increased penalty, and</p></content></level><level class="para1" eId="section-199-2-b"><num>(b)</num><content><p>the day from which it is to be applicable.</p></content></level></subsection><subsection eId="section-199-3"><num>(3)</num><intro><p>The increased penalty is available under <ref href="#section-194">section 194</ref><ref href="#section-194-4">(4)</ref> in respect of the failure—</p></intro><level class="para1" eId="section-199-3-a"><num>(a)</num><content><p>from the day determined by the tribunal, and</p></content></level><level class="para1" eId="section-199-3-b"><num>(b)</num><content><p>as though the figure in that subsection were replaced with the amount of the increased penalty.</p></content></level></subsection><subsection eId="section-199-4"><num>(4)</num><intro><p>An increased penalty under <ref href="#section-199">this section</ref> may not exceed—</p></intro><level class="para1" eId="section-199-4-a"><num>(a)</num><content><p>in relation to a notice under <ref href="#section-183">section 183</ref> (financial institutions), £1,000, or</p></content></level><level class="para1" eId="section-199-4-b"><num>(b)</num><content><p>otherwise, £5,000.</p></content></level></subsection><subsection eId="section-199-5"><num>(5)</num><intro><p>In determining the amount of the increased penalty, the tribunal must have regard to—</p></intro><level class="para1" eId="section-199-5-a"><num>(a)</num><content><p>the likely cost to the person of complying with the notice,</p></content></level><level class="para1" eId="section-199-5-b"><num>(b)</num><content><p>any benefits to the person of not complying with the notice, and</p></content></level><level class="para1" eId="section-199-5-c"><num>(c)</num><content><p>any benefits to anyone else resulting from the person’s non-compliance.</p></content></level></subsection><subsection eId="section-199-6"><num>(6)</num><intro><p>If the tribunal makes a determination under <ref href="#section-199-2">subsection (2)</ref>, an officer of Revenue and Customs must notify the person to whom it relates of—</p></intro><level class="para1" eId="section-199-6-a"><num>(a)</num><content><p>the amount of the increased penalty, and</p></content></level><level class="para1" eId="section-199-6-b"><num>(b)</num><content><p>the day from which it is to be applicable.</p></content></level></subsection></section></hcontainer><hcontainer name="crossheading" ukl:Name="Pblock" eId="part-6-chapter-3-crossheading-sanctions-general"><heading>Sanctions: general</heading><section eId="section-200"><num>200</num><heading>Extension of time periods</heading><content><p>For the purposes of <span><ref href="#section-189">sections 189</ref> to <ref href="#section-199">199</ref></span>(sanctions), a failure of a person to do anything within a limited period of time is to be disregarded if the person did the thing within such further period of time, if any, as an officer of Revenue and Customs or the tribunal allowed.</p></content></section><section eId="section-201"><num>201</num><heading>Reasonable excuse</heading><intro><p>For the purposes of <ref href="#section-189">sections 189</ref><ref href="#section-189-1">(1)</ref><ref href="#section-189-1-a">(a)</ref> (offence of failing to comply), <ref href="#section-192">192</ref> (criminal liability of responsible persons: no prosecution of recipient), <ref href="#section-194">194</ref> (penalty for failing to comply), <ref href="#section-197">197</ref> (penalty for disclosing) and <ref href="#section-198">198</ref> (penalty based on monies received)—</p></intro><level class="para1" eId="section-201-a"><num>(a)</num><content><p>an insufficiency of funds is not a reasonable excuse unless attributable to events outside the person’s control,</p></content></level><level class="para1" eId="section-201-b"><num>(b)</num><content><p>if the person relies on any other person to do anything, that is not a reasonable excuse unless the first person took reasonable care to avoid the failure,</p></content></level><level class="para1" eId="section-201-c"><num>(c)</num><content><p>if the person had a reasonable excuse for the failure but the excuse has ceased, the person is to be treated as having continued to have the excuse if the failure is remedied without unreasonable delay after the excuse ceased, and</p></content></level><level class="para1" eId="section-201-d"><num>(d)</num><intro><p>reliance on legal advice is to be taken automatically not to constitute a reasonable excuse if either—</p></intro><level class="para2" eId="section-201-d-i"><num>(i)</num><content><p>the advice was not based on a full and accurate description of the facts, or</p></content></level><level class="para2" eId="section-201-d-ii"><num>(ii)</num><content><p>the conclusions in the advice that the person relied upon were unreasonable.</p></content></level></level></section><section eId="section-202"><num>202</num><heading>Double jeopardy</heading><content><p>A person is not liable to a penalty under this Chapter in respect of anything in respect of which the person has been convicted of an offence.</p></content></section><section eId="section-203"><num>203</num><heading>Assessment etc of penalties: application of <ref eId="c00229" href="https://www.legislation.gov.uk/ukpga/2008/9/schedule/36">Schedule 36</ref> to <ref eId="c00230" href="https://www.legislation.gov.uk/ukpga/2008/9/contents">FA 2008</ref></heading><subsection eId="section-203-1"><num>(1)</num><content><p>The following paragraphs of <ref eId="c00231" href="https://www.legislation.gov.uk/ukpga/2008/9/schedule/36">Schedule 36</ref> to <ref eId="c00232" href="https://www.legislation.gov.uk/ukpga/2008/9/contents">FA 2008</ref> apply as set out below.</p></content></subsection><subsection eId="section-203-2"><num>(2)</num><intro><p>Paragraph 46 (assessment of penalty) applies to—</p></intro><level class="para1" eId="section-203-2-a"><num>(a)</num><content><p>a penalty under sections <ref href="#section-194">194</ref> (failure to comply) and <ref href="#section-195">195</ref> (concealing information) as it applies to a penalty under paragraphs 39 and 40 of the Schedule;</p></content></level><level class="para1" eId="section-203-2-b"><num>(b)</num><content><p>a penalty under section <ref href="#section-196">196</ref> (inaccurate information) as it applies to a penalty under paragraph 40A of the Schedule.</p></content></level></subsection><subsection eId="section-203-3"><num>(3)</num><content><p>Paragraph 51B(2) and (3) (assessment of a penalty for disclosure) apply to a penalty under section <ref href="#section-197">197</ref> (disclosure of a notice) as they apply to a penalty under <ref eId="c00233" href="https://www.legislation.gov.uk/ukpga/2008/9/schedule/36/paragraph/51B">paragraph 51B</ref><ref eId="c00234" href="https://www.legislation.gov.uk/ukpga/2008/9/schedule/36/paragraph/51B">(1)</ref> of <ref eId="c00235" href="https://www.legislation.gov.uk/ukpga/2008/9/schedule/36">the Schedule</ref>.</p></content></subsection><subsection eId="section-203-4"><num>(4)</num><content><p>Paragraph 49 (enforcement of penalty) applies to a penalty under sections <ref href="#section-194">194</ref> to <ref href="#section-197">197</ref> as it applies to a penalty under <ref eId="c00236" href="https://www.legislation.gov.uk/ukpga/2008/9/schedule/36/paragraph/39">paragraphs 39</ref>, <ref eId="c00237" href="https://www.legislation.gov.uk/ukpga/2008/9/schedule/36/paragraph/40">40</ref> and <ref eId="c00238" href="https://www.legislation.gov.uk/ukpga/2008/9/schedule/36/paragraph/40A">40A</ref> of <ref eId="c00239" href="https://www.legislation.gov.uk/ukpga/2008/9/schedule/36">the Schedule</ref> and, in the case of a penalty under <ref href="#section-197">section 197</ref> (disclosure of a notice), the reference to notification under paragraph 46 of the Schedule is to be read as a reference to notification under paragraph 51B(2)(b) of the Schedule).</p></content></subsection><subsection eId="section-203-5"><num>(5)</num><content><p>Paragraph 51 (enforcement of a tax-related penalty) applies to a penalty under section <ref href="#section-198">198</ref> (penalties based on monies received) as it applies to a penalty under <ref eId="c00240" href="https://www.legislation.gov.uk/ukpga/2008/9/schedule/36/paragraph/50">paragraph 50</ref> of <ref eId="c00241" href="https://www.legislation.gov.uk/ukpga/2008/9/schedule/36">the Schedule</ref>.</p></content></subsection></section></hcontainer><hcontainer name="crossheading" ukl:Name="Pblock" eId="part-6-chapter-3-crossheading-appeals"><heading>Appeals</heading><section eId="section-204"><num>204</num><heading>Appeals against notices</heading><subsection eId="section-204-1"><num>(1)</num><content><p>A recipient of a notice under <ref href="#section-179">section 179</ref> (connected persons) may appeal against the issue of the notice or any requirement in the notice.</p></content></subsection><subsection eId="section-204-2"><num>(2)</num><content><p>A recipient of a notice under <ref href="#section-180">section 180</ref> (third parties) may appeal against the issue of the notice or any requirement in the notice on the grounds that it would be unduly onerous to comply with the notice or requirement.</p></content></subsection><subsection eId="section-204-3"><num>(3)</num><content><p>A recipient of a notice under <ref href="#section-182">section 182</ref> (identification) may appeal against the issue of the notice or any requirement in the notice on the grounds that it would be unduly onerous to comply with the notice or requirement.</p></content></subsection><subsection eId="section-204-4"><num>(4)</num><content><p><span><ref href="#section-204-1">Subsections (1)</ref> to <ref href="#section-204-3">(3)</ref></span> do not apply in relation to a notice that was issued with tribunal approval.</p></content></subsection><subsection eId="section-204-5"><num>(5)</num><content><p><ref eId="c00242" href="https://www.legislation.gov.uk/ukpga/2008/9/schedule/36/paragraph/32">Paragraph 32</ref> of <ref eId="c00243" href="https://www.legislation.gov.uk/ukpga/2008/9/schedule/36">Schedule 36</ref> to <ref eId="c00244" href="https://www.legislation.gov.uk/ukpga/2008/9/contents">FA 2008</ref> applies to appeals under <ref href="#section-204">this section</ref> as it applies to appeals under <ref eId="c00245" href="https://www.legislation.gov.uk/ukpga/2008/9/schedule/36/part/5">Part 5</ref> of <ref eId="c00246" href="https://www.legislation.gov.uk/ukpga/2008/9/schedule/36">that Schedule</ref> (and references to information notices are to be read as references to notices under this Chapter).</p></content></subsection></section><section eId="section-205"><num>205</num><heading>Appeals against penalties</heading><subsection eId="section-205-1"><num>(1)</num><intro><p>A person may appeal against any of the following decisions—</p></intro><level class="para1" eId="section-205-1-a"><num>(a)</num><content><p>a decision of an officer of Revenue and Customs that a penalty is payable under <span><ref href="#section-194">sections 194</ref> to <ref href="#section-197">197</ref></span>, and</p></content></level><level class="para1" eId="section-205-1-b"><num>(b)</num><content><p>a decision of an officer of Revenue and Customs as to the amount of a penalty under <span><ref href="#section-194">sections 194</ref> to <ref href="#section-197">197</ref>.</span></p></content></level></subsection><subsection eId="section-205-2"><num>(2)</num><content><p><ref eId="c00247" href="https://www.legislation.gov.uk/ukpga/2008/9/schedule/36/paragraph/48">Paragraph 48</ref> of <ref eId="c00248" href="https://www.legislation.gov.uk/ukpga/2008/9/schedule/36">Schedule 36</ref> to <ref eId="c00249" href="https://www.legislation.gov.uk/ukpga/2008/9/contents">FA 2008</ref> (procedure on appeal against penalty) applies to appeals under <ref href="#section-205">this section</ref> as it applies to appeals under <ref eId="c00250" href="https://www.legislation.gov.uk/ukpga/2008/9/schedule/36/paragraph/47">paragraph 47</ref> of <ref eId="c00251" href="https://www.legislation.gov.uk/ukpga/2008/9/schedule/36">that Schedule</ref> (and references to paragraph 47(1)(a) and (b) in paragraph 48 are to be read as references to subsection (1)(a) and (b) of this section).</p></content></subsection></section></hcontainer><hcontainer name="crossheading" ukl:Name="Pblock" eId="part-6-chapter-3-crossheading-miscellaneous-and-interpretation"><heading>Miscellaneous and interpretation</heading><section eId="section-206"><num>206</num><heading>Interpretation</heading><subsection eId="section-206-1"><num>(1)</num><intro><p>In this Chapter—</p></intro><hcontainer name="definition"><content><p>“<term refersTo="#term-arrangements" eId="term-arrangements">arrangements</term>” includes any agreement, scheme, arrangement or understanding of any kind whether or not legally enforceable involving one or more transactions;</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-authorised-officer-of-revenue-and-customs" eId="term-authorised-officer-of-revenue-and-customs">authorised officer of Revenue and Customs</term>” means an officer of Revenue and Customs who is, or is a member of a class of officers who are, authorised by the Commissioners for the purpose of this Chapter;</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-commissioners" eId="term-commissioners">Commissioners</term>” means the Commissioners for His Majesty’s Revenue and Customs;</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-document" eId="term-document">document</term>” includes any part of a document (and see subsection (2));</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-hmrc" eId="term-hmrc">HMRC</term>” means His Majesty’s Revenue and Customs;</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-information" eId="term-information">information</term>” includes a document (and see subsection (2));</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-information-notice" eId="term-information-notice">information notice</term>” means a notice issued under any of sections <ref href="#section-179">179</ref> to <ref href="#section-183">183</ref>;</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-investigation-of-tax-avoidance" eId="term-investigation-of-tax-avoidance">investigation of tax avoidance</term>” includes the exercise of a function under an anti-avoidance enactment;</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-recipient" eId="term-recipient">recipient</term>”, in relation to a notice, means the person to whom the notice is issued;</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-tribunal" eId="term-tribunal">tribunal</term>” means the First-tier Tribunal or, where determined by or under the Tribunal Procedure Rules, the Upper Tribunal.</p></content></hcontainer></subsection><subsection eId="section-206-2"><num>(2)</num><intro><p>For the purposes of this Chapter—</p></intro><level class="para1" eId="section-206-2-a"><num>(a)</num><content><p>a reference to providing information includes a reference to producing documents;</p></content></level><level class="para1" eId="section-206-2-b"><num>(b)</num><content><p>a reference to a document is a reference to anything in which information of any description is recorded.</p></content></level></subsection><subsection eId="section-206-3"><num>(3)</num><content><p><ref eId="c00252" href="https://www.legislation.gov.uk/ukpga/2008/9/schedule/36/paragraph/7">Paragraphs 7</ref><ref eId="c00253" href="https://www.legislation.gov.uk/ukpga/2008/9/schedule/36/paragraph/7">(2) to (4)</ref>, <ref eId="c00254" href="https://www.legislation.gov.uk/ukpga/2008/9/schedule/36/paragraph/8">8</ref>, <ref eId="c00255" href="https://www.legislation.gov.uk/ukpga/2008/9/schedule/36/paragraph/15">15</ref> and <ref eId="c00256" href="https://www.legislation.gov.uk/ukpga/2008/9/schedule/36/paragraph/16">16</ref> of <ref eId="c00257" href="https://www.legislation.gov.uk/ukpga/2008/9/schedule/36">Schedule 36</ref> to <ref eId="c00258" href="https://www.legislation.gov.uk/ukpga/2008/9/contents">FA 2008</ref> (provision relating to documents) apply in relation to documents required under this Chapter as they apply in relation to documents required under <ref eId="c00259" href="https://www.legislation.gov.uk/ukpga/2008/9/schedule/36">that Schedule</ref>.</p></content></subsection></section><section eId="section-207"><num>207</num><heading>Application of provisions of <ref eId="c00260" href="https://www.legislation.gov.uk/ukpga/1970/9/contents">TMA 1970</ref></heading><intro><p>The following provisions of <ref eId="c00261" href="https://www.legislation.gov.uk/ukpga/1970/9/contents">TMA 1970</ref> apply for the purposes of <ref href="#part-6-chapter-3">this Chapter</ref> as they apply for the purposes of the Taxes Acts—</p></intro><level class="para1" eId="section-207-a"><num>(a)</num><content><p><ref eId="c00262" href="https://www.legislation.gov.uk/ukpga/1970/9/section/108">section 108</ref> (responsibility of officers);</p></content></level><level class="para1" eId="section-207-b"><num>(b)</num><content><p><ref eId="c00263" href="https://www.legislation.gov.uk/ukpga/1970/9/section/114">section 114</ref> (want of form);</p></content></level><level class="para1" eId="section-207-c"><num>(c)</num><content><p><ref eId="c00264" href="https://www.legislation.gov.uk/ukpga/1970/9/section/115">section 115</ref> (delivery and service of documents).</p></content></level></section><section eId="section-208"><num>208</num><heading>Repeals</heading><subsection eId="section-208-1"><num>(1)</num><content><p>Section 272A of FA 2014 is repealed.</p></content></subsection><subsection eId="section-208-2"><num>(2)</num><content><p>Subsection (1) comes into force on such day as the Treasury may by regulations made by statutory instrument appoint.</p></content></subsection></section></hcontainer></chapter><chapter eId="part-6-chapter-4"><num>Chapter 4</num><heading>Miscellaneous</heading><hcontainer name="crossheading" ukl:Name="Pblock" eId="part-6-chapter-4-crossheading-legal-professionals"><heading>Legal professionals</heading><section eId="section-209"><num>209</num><heading>Declaration in relation to privileged material</heading><subsection eId="section-209-1"><num>(1)</num><intro><p>Subsection <ref href="#section-209-2">(2)</ref> applies where—</p></intro><level class="para1" eId="section-209-1-a"><num>(a)</num><content><p>HMRC have notified a lawyer that they intend to publish, or are considering publishing, information identifying the lawyer under a provision listed in <ref href="#section-209-5">subsection (5)</ref>, and</p></content></level><level class="para1" eId="section-209-1-b"><num>(b)</num><intro><p>the lawyer—</p></intro><level class="para2" eId="section-209-1-b-i"><num>(i)</num><content><p>intends to make representations to the effect that the information should not be published, but</p></content></level><level class="para2" eId="section-209-1-b-ii"><num>(ii)</num><content><p>will not be able to substantiate some or all of those representations without disclosing the content of privileged communications.</p></content></level></level></subsection><subsection eId="section-209-2"><num>(2)</num><intro><p>A lawyer (whether or not the lawyer intending to make the representations) may make a declaration to the effect that—</p></intro><level class="para1" eId="section-209-2-a"><num>(a)</num><content><p>the representations are true, and</p></content></level><level class="para1" eId="section-209-2-b"><num>(b)</num><content><p>the content of privileged communications would be sufficient (whether alone or with other information) to demonstrate this on the balance of probabilities.</p></content></level></subsection><subsection eId="section-209-3"><num>(3)</num><content><p>When considering whether the information referred to in <ref href="#section-209-1">subsection (1)</ref><ref href="#section-209-1-a">(a)</ref> may be published, HMRC and, in the context of proceedings, a court or tribunal must treat a declaration made under <ref href="#section-209-2">subsection (2)</ref> and provided under a provision listed in <ref href="#section-209-5">subsection (5)</ref> as conclusive evidence of the information included in the declaration.</p></content></subsection><subsection eId="section-209-4"><num>(4)</num><content><p>But <ref href="#section-209-3">subsection (3)</ref> does not apply if HMRC, or the court or tribunal, is satisfied that the declaration includes any information that is incorrect.</p></content></subsection><subsection eId="section-209-5"><num>(5)</num><intro><p>The provisions are—</p></intro><level class="para1" eId="section-209-5-a"><num>(a)</num><content><p><ref eId="c00265" href="https://www.legislation.gov.uk/ukpga/2004/12/section/316C">section 316C</ref> of <ref eId="c00266" href="https://www.legislation.gov.uk/ukpga/2004/12/contents">FA 2004</ref> (disclosure of tax avoidance schemes);</p></content></level><level class="para1" eId="section-209-5-b"><num>(b)</num><content><p><ref eId="c00267" href="https://www.legislation.gov.uk/ukpga/2017/32/schedule/17/paragraph/36">paragraph 36</ref> of <ref eId="c00268" href="https://www.legislation.gov.uk/ukpga/2017/32/schedule/17">Schedule 17</ref> to <ref eId="c00269" href="https://www.legislation.gov.uk/ukpga/2017/32/contents">F(No.2)A 2017</ref> (disclosure of tax avoidance schemes: VAT and other indirect taxes);</p></content></level><level class="para1" eId="section-209-5-c"><num>(c)</num><content><p><ref eId="c00270" href="https://www.legislation.gov.uk/ukpga/2022/3/section/86">section 86</ref> of <ref eId="c00271" href="https://www.legislation.gov.uk/ukpga/2022/3/contents">FA 2022</ref> (publication of information about tax avoidance schemes).</p></content></level></subsection><subsection eId="section-209-6"><num>(6)</num><intro><p>For the purposes of this section—</p></intro><level class="para1" eId="section-209-6-a"><num>(a)</num><content><p>references to a lawyer are references to a person in respect of whose communications a claim to legal professional privilege, or (in Scotland) to confidentiality of proceedings as between client and professional legal adviser, could be maintained in legal proceedings, and</p></content></level><level class="para1" eId="section-209-6-b"><num>(b)</num><content><p>a communication is “privileged” if such a claim could be maintained in respect of it.</p></content></level></subsection><subsection eId="section-209-7"><num>(7)</num><intro><p>In this section—</p></intro><hcontainer name="definition"><intro><p>“<term refersTo="#term-hmrc" eId="term-hmrc">HMRC</term>” means—</p></intro><level class="para1"><num>(a)</num><content><p>where the provision referred to in subsection <ref href="#section-209-1">(1)</ref><ref href="#section-209-1-a">(a)</ref> is <ref eId="c00272" href="https://www.legislation.gov.uk/ukpga/2004/12/section/316C">section 316C</ref> of <ref eId="c00273" href="https://www.legislation.gov.uk/ukpga/2004/12/contents">FA 2004</ref>, HMRC as defined for the purposes of that section;</p></content></level><level class="para1"><num>(b)</num><content><p>where the provision referred to in subsection <ref href="#section-209-1">(1)</ref><ref href="#section-209-1-a">(a)</ref> is <ref eId="c00274" href="https://www.legislation.gov.uk/ukpga/2017/32/schedule/17/paragraph/36">paragraph 36</ref> of <ref eId="c00275" href="https://www.legislation.gov.uk/ukpga/2017/32/schedule/17">Schedule 17</ref> to <ref eId="c00276" href="https://www.legislation.gov.uk/ukpga/2017/32/contents">F(No.2)A 2017</ref>, HMRC as defined for the purposes of that paragraph;</p></content></level><level class="para1"><num>(c)</num><content><p>where the provision referred to in subsection <ref href="#section-209-1">(1)</ref><ref href="#section-209-1-a">(a)</ref> is <ref eId="c00277" href="https://www.legislation.gov.uk/ukpga/2022/3/section/86">section 86</ref> of <ref eId="c00278" href="https://www.legislation.gov.uk/ukpga/2022/3/contents">FA 2022</ref>—</p><blockList class="ordered roman parens" ukl:Name="OrderedList" ukl:Type="roman" ukl:Decoration="parens"><item><num>(i)</num><p>in subsection <ref href="#section-209-1">(1)</ref><ref href="#section-209-1-a">(a)</ref>, an officer of Revenue and Customs;</p></item><item><num>(ii)</num><p>in subsections <ref href="#section-209-3">(3)</ref> and <ref href="#section-209-4">(4)</ref>, an authorised officer as defined for the purposes of that section;</p></item></blockList></content></level></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-tribunal" eId="term-tribunal">tribunal</term>” means the First-tier Tribunal or, where determined by or under Tribunal Procedure Rules, the Upper Tribunal.</p></content></hcontainer></subsection><subsection eId="section-209-8"><num>(8)</num><intro><p>The Commissioners for His Majesty’s Revenue and Customs may by regulations make provision about—</p></intro><level class="para1" eId="section-209-8-a"><num>(a)</num><content><p>the form of a declaration made under <ref href="#section-209-2">subsection (2)</ref>,</p></content></level><level class="para1" eId="section-209-8-b"><num>(b)</num><content><p>the information to be included in a declaration,</p></content></level><level class="para1" eId="section-209-8-c"><num>(c)</num><content><p>when and how a declaration is to be provided.</p></content></level></subsection><subsection eId="section-209-9"><num>(9)</num><intro><p>Regulations under this section—</p></intro><level class="para1" eId="section-209-9-a"><num>(a)</num><content><p>are to be made by statutory instrument, and</p></content></level><level class="para1" eId="section-209-9-b"><num>(b)</num><content><p>may make different provision for different purposes.</p></content></level></subsection><subsection eId="section-209-10"><num>(10)</num><content><p>A statutory instrument containing regulations made under this section is subject to annulment in pursuance of a resolution of the House of Commons.</p></content></subsection></section><section eId="section-210"><num>210</num><heading>Penalties for an incorrect declaration</heading><subsection eId="section-210-1"><num>(1)</num><content><p>A person who makes a declaration under section <ref href="#section-209">209</ref><ref href="#section-209-2">(2)</ref> and carelessly or deliberately includes any incorrect information in the declaration is liable to a penalty not exceeding £10,000.</p></content></subsection><subsection eId="section-210-2"><num>(2)</num><intro><p>Where—</p></intro><level class="para1" eId="section-210-2-a"><num>(a)</num><content><p>a person (“<term refersTo="#term-a" eId="term-a">A</term>”) provides a declaration under a provision listed in section <ref href="#section-209">209</ref><ref href="#section-209-5">(5)</ref> which is made under section <ref href="#section-209">209</ref><ref href="#section-209-2">(2)</ref> by another person,</p></content></level><level class="para1" eId="section-210-2-b"><num>(b)</num><content><p>the declaration includes incorrect information, and</p></content></level><level class="para1" eId="section-210-2-c"><num>(c)</num><content><p>A knew, or could reasonably have been expected to have known, that the information was incorrect,</p></content></level><wrapUp><p>A is liable to a penalty not exceeding £10,000.</p></wrapUp></subsection><subsection eId="section-210-3"><num>(3)</num><content><p>For the purposes of subsection <ref href="#section-210-1">(1)</ref>, incorrect information is included in a declaration carelessly if the person who makes the declaration has failed to take reasonable care to verify the information before including it.</p></content></subsection></section><section eId="section-211"><num>211</num><heading>Penalties: procedure, appeals etc</heading><subsection eId="section-211-1"><num>(1)</num><content><p>Subject to subsection <ref href="#section-211-2">(2)</ref>, a penalty under section <ref href="#section-210">210</ref> is to be treated as a penalty imposed under the Taxes Acts and, accordingly, is a penalty to be determined and imposed by an authorised officer under section 100(1) of TMA 1970.</p></content></subsection><subsection eId="section-211-2"><num>(2)</num><content><p>A penalty under section <ref href="#section-210">210</ref> is not required to be paid before the penalty becomes final.</p></content></subsection><subsection eId="section-211-3"><num>(3)</num><content><p><mod>For the purposes of subsection <ref href="#section-211-2">(2)</ref> and sections <ref href="#section-212">212</ref> and <ref href="#section-213">213</ref> a penalty becomes <quotedText>“final”</quotedText> at the time when the period for any appeal or further appeal relating to the penalty expires or, if later, when any appeal or final appeal relating to the penalty is finally determined.</mod></p></content></subsection></section><section eId="section-212"><num>212</num><heading>Publication following an incorrect declaration</heading><subsection eId="section-212-1"><num>(1)</num><intro><p>An authorised officer may publish information about a person where—</p></intro><level class="para1" eId="section-212-1-a"><num>(a)</num><content><p>the person has incurred a penalty under section <ref href="#section-210">210</ref> in relation to a declaration, and</p></content></level><level class="para1" eId="section-212-1-b"><num>(b)</num><content><p>the penalty has become final.</p></content></level></subsection><subsection eId="section-212-2"><num>(2)</num><intro><p>The information that may be published under this section is—</p></intro><level class="para1" eId="section-212-2-a"><num>(a)</num><content><p>the person’s name (including any trading name, previous name or pseudonym);</p></content></level><level class="para1" eId="section-212-2-b"><num>(b)</num><content><p>any address used by the person;</p></content></level><level class="para1" eId="section-212-2-c"><num>(c)</num><content><p>any other information that the authorised officer considers appropriate for the purposes of identifying the person or their business;</p></content></level><level class="para1" eId="section-212-2-d"><num>(d)</num><content><p>details of the arrangements to which the declaration relates including the nature of the person’s involvement in those arrangements;</p></content></level><level class="para1" eId="section-212-2-e"><num>(e)</num><content><p>details of the penalty imposed on the person under section <ref href="#section-210">210</ref>.</p></content></level></subsection><subsection eId="section-212-3"><num>(3)</num><content><p>The information may be published in any way that the authorised officer considers appropriate.</p></content></subsection><subsection eId="section-212-4"><num>(4)</num><intro><p>Before publishing information under this section, the authorised officer must—</p></intro><level class="para1" eId="section-212-4-a"><num>(a)</num><content><p>notify the person that they are considering doing so,</p></content></level><level class="para1" eId="section-212-4-b"><num>(b)</num><content><p>give the person 30 days from that notification in which to make representations about whether it should be published, and</p></content></level><level class="para1" eId="section-212-4-c"><num>(c)</num><content><p>have regard to any representations received.</p></content></level></subsection><subsection eId="section-212-5"><num>(5)</num><intro><p>In this section—</p></intro><hcontainer name="definition"><intro><p>“<term refersTo="#term-arrangements" eId="term-arrangements">arrangements</term>” means—</p></intro><level class="para1"><num>(a)</num><content><p>in relation to a declaration provided under section 316C(6)(b)(ii) of FA 2004, arrangements or proposed arrangements, with those terms having the same meaning as in that section;</p></content></level><level class="para1"><num>(b)</num><content><p>in relation to a declaration provided under <ref eId="c00279" href="https://www.legislation.gov.uk/ukpga/2017/32/schedule/17/paragraph/36">paragraph 36</ref>(6)(b)(ii) of <ref eId="c00280" href="https://www.legislation.gov.uk/ukpga/2017/32/schedule/17">Schedule 17</ref> to <ref eId="c00281" href="https://www.legislation.gov.uk/ukpga/2017/32/contents">F(No.2)A 2017</ref>, arrangements or proposed arrangements, with those terms having the same meaning as in that paragraph;</p></content></level><level class="para1"><num>(c)</num><content><p>in relation to a declaration provided under section 86(5)(b)(ii) of FA 2022, a proposal or arrangements, with those terms having the same meaning as in that section;</p></content></level></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-authorised-officer" eId="term-authorised-officer">authorised officer</term>” means an officer of Revenue and Customs authorised for the purposes of this section.</p></content></hcontainer></subsection></section><section eId="section-213"><num>213</num><heading>Time limits for publication</heading><subsection eId="section-213-1"><num>(1)</num><content><p>Publication of any information under section <ref href="#section-212">212</ref> on the basis of a penalty incurred by a person may not take place after the end of the period of 12 months beginning with the date on which the penalty became final.</p></content></subsection><subsection eId="section-213-2"><num>(2)</num><content><p>Subsection <ref href="#section-213-1">(1)</ref> is not to be taken to prevent the re-publication, or continued publication, after the end of the period referred to in that subsection, of information published under section <ref href="#section-212">212</ref> before the end of the period.</p></content></subsection></section><section eId="section-214"><num>214</num><heading>Amendments to existing legislation: removal of privilege exemption</heading><subsection eId="section-214-1"><num>(1)</num><intro><p>In <ref eId="c00282" href="https://www.legislation.gov.uk/ukpga/2004/12/section/316C">section 316C</ref> of <ref eId="c00283" href="https://www.legislation.gov.uk/ukpga/2004/12/contents">FA 2004</ref> (disclosure of tax avoidance schemes)—</p></intro><level class="para1" eId="section-214-1-a"><num>(a)</num><content><p>omit <ref eId="c00284" href="https://www.legislation.gov.uk/ukpga/2004/12/section/316C">subsection (4A)</ref>;</p></content></level><level class="para1" eId="section-214-1-b"><num>(b)</num><intro><p>in <ref eId="c00285" href="https://www.legislation.gov.uk/ukpga/2004/12/section/316C">subsection (6)</ref><ref eId="c00286" href="https://www.legislation.gov.uk/ukpga/2004/12/section/316C">(b)</ref>—</p></intro><level class="para2" eId="section-214-1-b-i"><num>(i)</num><content><p>the words from “make representations” to the end become sub-paragraph (i);</p></content></level><level class="para2" eId="section-214-1-b-ii"><num>(ii)</num><content><p><mod>after that sub-paragraph insert <quotedText startQuote="“">, and</quotedText><quotedStructure endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="default"><level class="para2"><num>(ii)</num><content><p>where section <ref href="#section-209">209</ref><ref href="#section-209-2">(2)</ref> of FA 2026 applies, provide a declaration made under that subsection substantiating those representations.</p></content></level></quotedStructure><inline name="appendText">.</inline></mod></p></content></level></level></subsection><subsection eId="section-214-2"><num>(2)</num><intro><p>In <ref eId="c00287" href="https://www.legislation.gov.uk/ukpga/2017/32/schedule/17/paragraph/36">paragraph 36</ref> of <ref eId="c00288" href="https://www.legislation.gov.uk/ukpga/2017/32/schedule/17">Schedule 17</ref> to <ref eId="c00289" href="https://www.legislation.gov.uk/ukpga/2017/32/contents">F(No.2)A 2017</ref> (disclosure of tax avoidance schemes: VAT and other indirect taxes)—</p></intro><level class="para1" eId="section-214-2-a"><num>(a)</num><content><p>omit <ref eId="c00290" href="https://www.legislation.gov.uk/ukpga/2017/32/schedule/17/paragraph/36">sub-paragraph (4A)</ref>;</p></content></level><level class="para1" eId="section-214-2-b"><num>(b)</num><intro><p>in <ref eId="c00291" href="https://www.legislation.gov.uk/ukpga/2017/32/schedule/17/paragraph/36">sub-paragraph (6)</ref><ref eId="c00292" href="https://www.legislation.gov.uk/ukpga/2017/32/schedule/17/paragraph/36">(b)</ref>—</p></intro><level class="para2" eId="section-214-2-b-i"><num>(i)</num><content><p>the words from “make representations” to the end become sub-paragraph (i);</p></content></level><level class="para2" eId="section-214-2-b-ii"><num>(ii)</num><content><p><mod>after that sub-paragraph insert <quotedText startQuote="“">, and</quotedText><quotedStructure endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="default"><level class="para2"><num>(ii)</num><content><p>where section <ref href="#section-209">209</ref><ref href="#section-209-2">(2)</ref> of FA 2026 applies, provide a declaration made under that subsection substantiating those representations.</p></content></level></quotedStructure><inline name="appendText">.</inline></mod></p></content></level></level></subsection><subsection eId="section-214-3"><num>(3)</num><intro><p>In <ref eId="c00293" href="https://www.legislation.gov.uk/ukpga/2022/3/section/86">section 86</ref> of <ref eId="c00294" href="https://www.legislation.gov.uk/ukpga/2022/3/contents">FA 2022</ref> (publication of information about tax avoidance schemes)—</p></intro><level class="para1" eId="section-214-3-a"><num>(a)</num><content><p>omit <ref eId="c00295" href="https://www.legislation.gov.uk/ukpga/2022/3/section/86">subsection (3)</ref><ref eId="c00296" href="https://www.legislation.gov.uk/ukpga/2022/3/section/86">(b)</ref> (and the “or” before it);</p></content></level><level class="para1" eId="section-214-3-b"><num>(b)</num><intro><p>in <ref eId="c00297" href="https://www.legislation.gov.uk/ukpga/2022/3/section/86">subsection (5)</ref><ref eId="c00298" href="https://www.legislation.gov.uk/ukpga/2022/3/section/86">(b)</ref>—</p></intro><level class="para2" eId="section-214-3-b-i"><num>(i)</num><content><p>the words from “make representations” to the end become sub-paragraph (i);</p></content></level><level class="para2" eId="section-214-3-b-ii"><num>(ii)</num><content><p><mod>after that sub-paragraph insert <quotedText startQuote="“">, and</quotedText><quotedStructure endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="default"><level class="para2"><num>(ii)</num><content><p>where section <ref href="#section-209">209</ref><ref href="#section-209-2">(2)</ref> of FA 2026 applies, provide a declaration made under that subsection substantiating those representations.</p></content></level></quotedStructure><inline name="appendText">;</inline></mod></p></content></level></level><level class="para1" eId="section-214-3-c"><num>(c)</num><content><p><mod>in <ref eId="c00299" href="https://www.legislation.gov.uk/ukpga/2022/3/section/86">subsection (6)</ref>, after “representations” insert <quotedText>“and any declaration”</quotedText>.</mod></p></content></level></subsection></section><section eId="section-215"><num>215</num><heading>Commencement</heading><subsection eId="section-215-1"><num>(1)</num><content><p>Subject to subsection <ref href="#section-215-2">(2)</ref>, sections <ref href="#section-209">209</ref> to <ref href="#section-214">214</ref> have effect from the day on which this Act is passed.</p></content></subsection><subsection eId="section-215-2"><num>(2)</num><content><p>The amendments made by section <ref href="#section-214">214</ref> have effect only in relation to conduct occurring on or after the day on which this Act is passed.</p></content></subsection></section></hcontainer><hcontainer name="crossheading" ukl:Name="Pblock" eId="part-6-chapter-4-crossheading-disclosure-of-tax-avoidance-schemes-consequences-for-failure-to-comply"><heading>Disclosure of tax avoidance schemes: consequences for failure to comply</heading><section eId="section-216"><num>216</num><heading>Penalties for non-disclosure of tax avoidance schemes</heading><subsection eId="section-216-1"><num>(1)</num><intro><p>In <ref eId="c00300" href="https://www.legislation.gov.uk/ukpga/1970/9/contents">TMA 1970</ref>—</p></intro><level class="para1" eId="section-216-1-a"><num>(a)</num><content><p>omit <ref eId="c00301" href="https://www.legislation.gov.uk/ukpga/1970/9/section/98C">section 98C</ref> (notifications under Part 7 of FA 2004);</p></content></level><level class="para1" eId="section-216-1-b"><num>(b)</num><content><p>in <ref eId="c00302" href="https://www.legislation.gov.uk/ukpga/1970/9/section/100">section 100</ref><ref eId="c00303" href="https://www.legislation.gov.uk/ukpga/1970/9/section/100">(2)</ref> (determination of penalties by an officer of the Board), omit <ref eId="c00304" href="https://www.legislation.gov.uk/ukpga/1970/9/section/100">paragraph (f)</ref>;</p></content></level><level class="para1" eId="section-216-1-c"><num>(c)</num><content><p>in <ref eId="c00305" href="https://www.legislation.gov.uk/ukpga/1970/9/section/103A">section 103A</ref> (interest on penalties), omit “(other than section 98C)”.</p></content></level></subsection><subsection eId="section-216-2"><num>(2)</num><intro><p>In <ref eId="c00306" href="https://www.legislation.gov.uk/ukpga/2004/12/part/7">Part 7</ref> of <ref eId="c00307" href="https://www.legislation.gov.uk/ukpga/2004/12/contents">FA 2004</ref> (disclosure of tax avoidance schemes)—</p></intro><level class="para1" eId="section-216-2-a"><num>(a)</num><content><p><mod>in <ref eId="c00308" href="https://www.legislation.gov.uk/ukpga/2004/12/section/313">section 313</ref><ref eId="c00309" href="https://www.legislation.gov.uk/ukpga/2004/12/section/313">(4)</ref>, for “98C of the Taxes Management Act 1970” substitute <quotedText>“315”</quotedText>;</mod></p></content></level><level class="para1" eId="section-216-2-b"><num>(b)</num><content><p><mod>for section 315 substitute—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><section eId="d28e34054"><num>315</num><heading>Penalties</heading><subsection eId="d28e34058"><num>(1)</num><content><p>A person who fails to comply with a duty imposed by a provision mentioned in the first column of the table is liable to a penalty not exceeding the amount specified in relation to that provision in the second column.</p><tblock class="table" ukl:Orientation="portrait"><foreign><default:table xmlns="http://www.w3.org/1999/xhtml"><default:colgroup><default:col style="width:33.33%"/><default:col style="width:66.66%"/></default:colgroup><default:thead><default:tr><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0"><b><i>Provision</i></b></p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0"><b><i>Maximum penalty amount</i></b></p></default:th></default:tr></default:thead><default:tbody><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Section 308(1) or (3) (promoter’s duty to notify)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">The applicable rate for each day on which the person fails to comply or, if subsection <ref href="#d28e34221">(3)</ref> applies, £1 million</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Section 309(1) (client’s duty to notify: no UK promoter)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">The applicable rate for each day on which the person fails to comply or, if subsection <ref href="#d28e34221">(3)</ref> applies, £1 million</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Section 310 (client’s duty to notify: no promoter)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">The applicable rate for each day on which the person fails to comply or, if subsection <ref href="#d28e34221">(3)</ref> applies, £1 million</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Section 310A (duty to provide further information)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">The applicable rate for each day on which the person fails to comply or, if subsection <ref href="#d28e34221">(3)</ref> applies, £1 million</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Section 310C (promoter’s duty to update information)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£5,000</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Section 311C (duty to provide further information: section 311(3) case)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">The applicable rate for each day on which the person fails to comply or, if subsection <ref href="#d28e34221">(3)</ref> applies, £1 million</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Section 312(2) (promoter’s duty to notify client of SRN)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£5,000</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Section 312ZA(2) (duty to notify client of SRN: section 311(3) case)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£5,000</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Section 312A(2) or (2A) (client’s duty to notify other persons of SRN)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£5,000</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Section 312B (client’s duty to provide client information to promoter or service provider)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£5,000</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Section 313(1) or regulations under section 313(3) (other party’s duty to provide information)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">The amount specified in subsection <ref href="#d28e34227">(4)</ref></p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Section 313ZA (promoter’s or service provider’s duty to provide client information)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£5,000</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Section 313ZB (service provider’s duty to provide other party’s information)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£5,000</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Section 313ZC (employer’s duty to provide employee information)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£5,000</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Section 313A (duty to provide statement on notifiability)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£5,000</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Section 313B (duty to provide supporting evidence on notifiability)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£5,000</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Section 313C (introducer’s duty to provide other person’s information)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£5,000</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Section 316A (duty to provide information in addition to SRN to client or other persons)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£5,000</p></default:td></default:tr></default:tbody></default:table></foreign></tblock></content></subsection><subsection eId="d28e34188"><num>(2)</num><intro><p>The “<term refersTo="#term-applicable-rate">applicable rate</term>” means—</p></intro><level class="para1"><num>(a)</num><content><p>£600, or</p></content></level><level class="para1"><num>(b)</num><intro><p>where an order has been made under section 306A or 314A (orders about notifiability) in respect of the arrangements or proposal in relation to which the person fails to comply—</p></intro><level class="para2"><num>(i)</num><content><p>£600 for each day falling before the end of the period of ten days beginning with the day on which the order was made, and</p></content></level><level class="para2"><num>(ii)</num><content><p>£5,000 for each day falling after the end of that period.</p></content></level></level></subsection><subsection eId="d28e34221"><num>(3)</num><content><p>This subsection applies where an authorised officer considers that the amount otherwise specified in relation to the provision is inappropriately low.</p></content></subsection><subsection eId="d28e34227"><num>(4)</num><intro><p>The amount specified for section 313(1) or regulations under section 313(3) is—</p></intro><level class="para1"><num>(a)</num><content><p>£10,000, if the person has failed to comply with the section or regulations on two or more other occasions during the period of 36 months ending with the date of the current failure,</p></content></level><level class="para1"><num>(b)</num><content><p>£7,500, if the person has failed to comply with the section or regulations on one other occasion during the period of 36 months ending with the date of the current failure, or</p></content></level><level class="para1"><num>(c)</num><content><p>£5,000, in any other case.</p></content></level></subsection><subsection eId="d28e34251"><num>(5)</num><intro><p>In subsection <ref href="#d28e34058">(1)</ref>, a reference to a day on which a person fails to comply with a duty is a reference to a day that—</p></intro><level class="para1"><num>(a)</num><content><p>begins after the day by which the person was required to comply with the duty, and</p></content></level><level class="para1"><num>(b)</num><intro><p>ends before the earlier of—</p></intro><level class="para2"><num>(i)</num><content><p>the day on which the person complies with the duty,</p></content></level><level class="para2"><num>(ii)</num><content><p>the day on which any reference number is allocated to the arrangements or proposed arrangements concerned in the circumstances described in subsection <ref href="#d28e34296">(6)</ref>, and</p></content></level><level class="para2"><num>(iii)</num><content><p>the day on which a penalty under subsection <ref href="#d28e34058">(1)</ref> is imposed in relation to the failure.</p></content></level></level></subsection><subsection eId="d28e34296"><num>(6)</num><intro><p>The circumstances are—</p></intro><level class="para1"><num>(a)</num><content><p>the duty referred to in subsection <ref href="#d28e34251">(5)</ref> is a duty imposed by section 308(1) or (3), 309(1) or 310, and</p></content></level><level class="para1"><num>(b)</num><content><p>it is a case within section 311(3).</p></content></level></subsection></section><section eId="d28e34320"><num>315A</num><heading>Further penalties</heading><subsection eId="d28e34324"><num>(1)</num><intro><p>If—</p></intro><level class="para1"><num>(a)</num><content><p>a penalty under section <ref href="#d28e34054">315</ref> is imposed in relation to a person’s failure to comply with a duty, and</p></content></level><level class="para1"><num>(b)</num><content><p>after the penalty has been imposed, the person continues to fail to comply with the duty,</p></content></level><wrapUp><p>the person is liable to a further penalty not exceeding the applicable rate (as defined in section <ref href="#d28e34054">315</ref><ref href="#d28e34188">(2)</ref>) for each day on which the failure continues.</p></wrapUp></subsection><subsection><num>(2)</num><content><p>Subsection <ref href="#d28e34324">(1)</ref> does not apply to a failure to comply with a duty imposed by section 313(1) or regulations under section 313(3).</p></content></subsection></section><section><num>315B</num><heading>Determination of penalties</heading><subsection><num>(1)</num><content><p>A penalty under this Part is to be treated as a penalty under a provision of the Taxes Acts and, accordingly, is a penalty to be determined and imposed by an authorised officer under section 100(1) of TMA 1970.</p></content></subsection><subsection><num>(2)</num><intro><p>In determining an amount of a specified penalty (including considering whether an amount is inappropriately low under section <ref href="#d28e34054">315</ref><ref href="#d28e34221">(3)</ref>), the authorised officer must have regard to all relevant considerations, including—</p></intro><level class="para1"><num>(a)</num><content><p>the desirability of the penalty being set at a level which appears appropriate for deterring the person, or other persons, from similar failures to comply on future occasions;</p></content></level><level class="para1"><num>(b)</num><content><p>the amount of any fees received, or likely to have been received, by the person in connection with the proposal or arrangements concerned;</p></content></level><level class="para1"><num>(c)</num><content><p>in the case of a person entering into the arrangements, the amount of any advantage gained, or sought to be gained, by that person.</p></content></level></subsection><subsection><num>(3)</num><content><p>In this section, a “specified penalty” is a penalty under section <ref href="#d28e34054">315</ref> that is imposed in relation to a person’s failure to comply with a duty imposed by section 308(1) or (3), 309(1), 310, 310A or 311C.</p></content></subsection></section><section><num>315C</num><heading>Failure to comply with time limit</heading><content><p>A failure to do anything required to be done within a limited period of time does not give rise to liability to a penalty under section <ref href="#d28e34054">315</ref> or <ref href="#d28e34320">315A</ref> if the person did it within such further time, if any, as an officer of Revenue and Customs or the tribunal may have allowed.</p></content></section><section eId="d28e34430"><num>315D</num><heading>Other exemptions from liability to a penalty</heading><subsection eId="d28e34434"><num>(1)</num><intro><p>A person is deemed not to have failed to comply with a duty imposed by a provision mentioned in the first column of the table in section <ref href="#d28e34054">315</ref><ref href="#d28e34058">(1)</ref> if the person had a reasonable excuse for the failure and—</p></intro><level class="para1"><num>(a)</num><content><p>the reasonable excuse continues to apply, or</p></content></level><level class="para1"><num>(b)</num><content><p>the reasonable excuse has ceased to apply, but the person complied with the duty without unreasonable delay after the cessation.</p></content></level></subsection><subsection><num>(2)</num><intro><p>Where an order is made under section 306A or 314A—</p></intro><level class="para1"><num>(a)</num><content><p>the order is not evidence that a person either does or does not have a reasonable excuse for non-compliance before the order was made, and</p></content></level><level class="para1"><num>(b)</num><content><p>the person identified in the order as the promoter cannot rely on doubt as to notifiability as a reasonable excuse for a failure to comply with section 308.</p></content></level></subsection><subsection><num>(3)</num><intro><p>Where a person fails to comply with—</p></intro><level class="para1"><num>(a)</num><content><p>section 309 and the promoter for the purposes of that section is a monitored promoter, or</p></content></level><level class="para1"><num>(b)</num><content><p>section 310 and the arrangements for the purposes of that section are arrangements of a monitored promoter,</p></content></level><wrapUp><p>then any legal advice which was given or procured by that monitored promoter and which the person took into account is to be disregarded in determining whether the person has a reasonable excuse for the failure.</p></wrapUp></subsection><subsection><num>(4)</num><intro><p>In determining whether or not a person who is a monitored promoter has a reasonable excuse for a failure to do anything required to be done, reliance on legal advice does not constitute a reasonable excuse if either—</p></intro><level class="para1"><num>(a)</num><content><p>the advice was not based on a full and accurate description of the facts, or</p></content></level><level class="para1"><num>(b)</num><content><p>the conclusions in the advice that the person relied on were unreasonable.</p></content></level></subsection><subsection><num>(5)</num><content><p>For the purposes of this section, “<term refersTo="#term-monitored-promoter">monitored promoter</term>” has the meaning given by section 244(5) of FA 2014.</p></content></subsection></section><section><num>315E</num><heading>Regulations to vary amounts</heading><subsection><num>(1)</num><content><p>The Treasury may by regulations make provision for the purpose of varying any of the amounts specified in section <ref href="#d28e34054">315</ref> or <ref href="#d28e34320">315A</ref>.</p></content></subsection><subsection><num>(2)</num><intro><p>Regulations under this section—</p></intro><level class="para1"><num>(a)</num><content><p>must be made by statutory instrument, and</p></content></level><level class="para1"><num>(b)</num><content><p>may not be made unless a draft has been laid before and approved by resolution of the House of Commons.</p></content></level></subsection></section></quotedStructure><inline name="appendText">;</inline></mod></p></content></level><level class="para1" eId="section-216-2-c"><num>(c)</num><content><p><mod>in <ref eId="c00310" href="https://www.legislation.gov.uk/ukpga/2004/12/section/318">section 318</ref>, in the appropriate places insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><hcontainer name="definition"><content><p>“<term refersTo="#term-authorised-officer">authorised officer</term>” means an officer of Revenue and Customs authorised by His Majesty’s Revenue and Customs for the purposes of this Part or, as the case may be, section 100 of TMA 1970;</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-taxes-acts">Taxes Acts</term>” has the same meaning as in TMA 1970 (see section 118(1) of that Act);</p></content></hcontainer></quotedStructure><inline name="appendText">.</inline></mod></p></content></level></subsection><subsection eId="section-216-3"><num>(3)</num><intro><p>In <ref eId="c00311" href="https://www.legislation.gov.uk/ukpga/2017/32/schedule/17/part/2">Part 2</ref> of <ref eId="c00312" href="https://www.legislation.gov.uk/ukpga/2017/32/schedule/17">Schedule 17</ref> to <ref eId="c00313" href="https://www.legislation.gov.uk/ukpga/2017/32/contents">F(No.2)A 2017</ref> (disclosure of tax avoidance schemes: VAT and other indirect taxes)—</p></intro><level class="para1" eId="section-216-3-a"><num>(a)</num><content><p>in the cross heading before paragraph 39 omit “(apart from paragraph 26)”;</p></content></level><level class="para1" eId="section-216-3-b"><num>(b)</num><content><p><mod>for paragraphs 39 to 44 substitute—<quotedStructure startQuote="“" endQuote="”" uk:context="schedule" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="schedule" ukl:Format="double"><paragraph eId="d28e34616" class="schProv1"><num>39</num><subparagraph eId="d28e34620"><num>(1)</num><content><p>A person who fails to comply with a duty imposed by a provision of Part 1 of this Schedule mentioned in the first column of the table is liable to a penalty not exceeding the amount specified in relation to that provision in the second column.</p><tblock class="table" ukl:Orientation="portrait"><foreign><default:table xmlns="http://www.w3.org/1999/xhtml"><default:colgroup><default:col style="width:33.34%"/><default:col style="width:66.66%"/></default:colgroup><default:thead><default:tr><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Provision</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Maximum penalty amount</p></default:th></default:tr></default:thead><default:tbody><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Paragraph 11(1) or 12(1) (promoter’s duty to notify)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">The applicable rate for each day on which the person fails to comply or, if sub-paragraph <ref href="#d28e34774">(3)</ref> applies, £1 million</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Paragraph 17(2) (client’s duty to notify: no UK promoter)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">The applicable rate for each day on which the person fails to comply or, if sub-paragraph <ref href="#d28e34774">(3)</ref> applies, £1 million</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Paragraph 18(2) (client’s duty to notify: no promoter)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">The applicable rate for each day on which the person fails to comply or, if sub-paragraph <ref href="#d28e34774">(3)</ref> applies, £1 million</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Paragraph 19 (duty to provide further information)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">The applicable rate for each day on which the person fails to comply or, if sub-paragraph <ref href="#d28e34774">(3)</ref> applies, £1 million</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Paragraph 21 (promoter’s duty to update information)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£5,000</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Paragraph 22C (duty to provide further information: paragraph 22(3) case)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">The applicable rate for each day on which the person fails to comply or, if sub-paragraph <ref href="#d28e34774">(3)</ref> applies, £1 million</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Paragraph 23(2) (promoter’s duty to notify client of SRN)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£5,000</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Paragraph 23A(2) (duty to notify client of SRN: paragraph 22(3) case)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£5,000</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Paragraph 24(3) (client’s duty to notify other persons of SRN)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£5,000</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Paragraph 25(2) (client’s duty to provide client information to promoter or service provider)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£5,000</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Paragraph 26(1) or regulations under paragraph 26(3) (other party’s duty to provide information)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">The amount specified in sub-paragraph <ref href="#d28e34780">(4)</ref></p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Paragraph 27(3) (promoter’s or service provider’s duty to provide client information)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£5,000</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Paragraph 28 (service provider’s duty to provide other party’s information)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£5,000</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Paragraph 29 (duty to provide statement on notifiability)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£5,000</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Paragraph 30 (duty to provide supporting evidence on notifiability)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£5,000</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Paragraph 31 (introducer’s duty to provide other person’s information)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£5,000</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Paragraph 33 (duty to provide information in addition to SRN to client or other persons)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£5,000</p></default:td></default:tr></default:tbody></default:table></foreign></tblock></content></subparagraph><subparagraph eId="d28e34741"><num>(2)</num><intro><p>The “<term refersTo="#term-applicable-rate">applicable rate</term>” means—</p></intro><level class="para1"><num>(a)</num><content><p>£600, or</p></content></level><level class="para1" eId="d28e34756"><num>(b)</num><intro><p>where an order has been made under paragraph 4 or 5 (orders about notifiability) in respect of the arrangements or proposal in relation to which the person fails to comply—</p></intro><level class="para2"><num>(i)</num><content><p>£600 for each day falling before the end of the period of eleven days beginning with the day on which the order was made, and</p></content></level><level class="para2"><num>(ii)</num><content><p>£5,000 for each day falling after the end of that period.</p></content></level></level></subparagraph><subparagraph eId="d28e34774"><num>(3)</num><content><p>This sub-paragraph applies where an authorised officer considers that the amount otherwise specified in relation to the provision is inappropriately low.</p></content></subparagraph><subparagraph eId="d28e34780"><num>(4)</num><intro><p>The amount specified for paragraph 26(1) or regulations under paragraph 26(3) is—</p></intro><level class="para1"><num>(a)</num><content><p>£10,000, if the person has failed to comply with the paragraph or regulations on two or more other occasions during the period of 36 months ending with the date of the current failure,</p></content></level><level class="para1"><num>(b)</num><content><p>£7,500, if the person has failed to comply with the paragraph or regulations on one other occasion during the period of 36 months ending with the date of the current failure, or</p></content></level><level class="para1"><num>(c)</num><content><p>£5,000, in any other case.</p></content></level></subparagraph><subparagraph eId="d28e34804"><num>(5)</num><intro><p>In sub-paragraph <ref href="#d28e34620">(1)</ref>, a reference to a day on which a person fails to comply with a duty is a reference to a day that—</p></intro><level class="para1"><num>(a)</num><content><p>begins after the day by which the person was required to comply with the duty, and</p></content></level><level class="para1"><num>(b)</num><intro><p>ends before the earlier of—</p></intro><level class="para2"><num>(i)</num><content><p>the day on which the person complies with the duty,</p></content></level><level class="para2"><num>(ii)</num><content><p>the day on which any reference number is allocated to the arrangements or proposed arrangements concerned in the circumstances described in sub-paragraph <ref href="#d28e34849">(6)</ref>, and</p></content></level><level class="para2"><num>(iii)</num><content><p>the day on which a penalty under <ref href="#d28e34620">sub-paragraph (1)</ref> is imposed in relation to the failure.</p></content></level></level></subparagraph><subparagraph eId="d28e34849"><num>(6)</num><intro><p>The circumstances are—</p></intro><level class="para1"><num>(a)</num><content><p>the duty referred to in sub-paragraph <ref href="#d28e34804">(5)</ref> is a duty imposed by paragraph 11(1), 12(1), 17(2) or 18(2), and</p></content></level><level class="para1"><num>(b)</num><content><p>it is a case within paragraph 22(3).</p></content></level></subparagraph><subparagraph><num>(7)</num><content><p>In this paragraph “<term refersTo="#term-authorised-officer">authorised officer</term>” means an officer of Revenue and Customs authorised by HMRC for the purposes of this paragraph.</p></content></subparagraph></paragraph><paragraph eId="d28e34879" class="schProv1"><num>40</num><subparagraph eId="d28e34883"><num>(1)</num><intro><p>If—</p></intro><level class="para1"><num>(a)</num><content><p>a penalty under paragraph <ref href="#d28e34616">39</ref> is imposed in relation to a person’s failure to comply with a duty, and</p></content></level><level class="para1"><num>(b)</num><content><p>after the penalty has been imposed, the person continues to fail to comply with the duty,</p></content></level><wrapUp><p>the person is liable to a further penalty not exceeding the applicable rate (as defined in paragraph <ref href="#d28e34616">39</ref><ref href="#d28e34741">(2)</ref>) for each day on which the failure continues.</p></wrapUp></subparagraph><subparagraph><num>(2)</num><content><p>Sub-paragraph <ref href="#d28e34883">(1)</ref> does not apply to a failure to comply with a duty imposed by paragraph 26(1) or regulations under paragraph 26(3).</p></content></subparagraph></paragraph><paragraph class="schProv1"><num>41</num><subparagraph><num>(1)</num><intro><p>In assessing the amount of a specified penalty (including considering whether an amount is inappropriately low under paragraph <ref href="#d28e34616">39</ref><ref href="#d28e34774">(3)</ref>), an authorised officer must have regard to all relevant considerations, including—</p></intro><level class="para1"><num>(a)</num><content><p>the desirability of the penalty being set at a level which appears appropriate for deterring the person, or other persons, from similar failures to comply on future occasions;</p></content></level><level class="para1"><num>(b)</num><content><p>the amount of any fees received, or likely to have been received, by the person in connection with the proposal or arrangements concerned;</p></content></level><level class="para1"><num>(c)</num><content><p>in the case of a person entering into the arrangements, the amount of any advantage gained, or sought to be gained, by that person.</p></content></level></subparagraph><subparagraph><num>(2)</num><intro><p>In this paragraph—</p></intro><level class="para1"><num>(a)</num><content><p>“<term refersTo="#term-authorised-officer">authorised officer</term>” means an officer of Revenue and Customs authorised by HMRC for the purposes of this paragraph;</p></content></level><level class="para1"><num>(b)</num><content><p>a “specified penalty” is a penalty under paragraph <ref href="#d28e34616">39</ref> that is imposed in relation to a person’s failure to comply with a duty imposed by paragraph 11(1), 12(1), 17(2), 18(2), 19 or 22C.</p></content></level></subparagraph></paragraph><paragraph class="schProv1"><num>42</num><subparagraph><num>(1)</num><content><p>The Treasury may by regulations make provision for the purpose of varying any of the amounts specified in paragraph <ref href="#d28e34616">39</ref> or <ref href="#d28e34879">40</ref>.</p></content></subparagraph><subparagraph><num>(2)</num><content><p>Regulations under this paragraph may include incidental or transitional provision.</p></content></subparagraph></paragraph></quotedStructure><inline name="appendText">;</inline></mod></p></content></level><level class="para1" eId="section-216-3-c"><num>(c)</num><content><p>omit <ref eId="c00314" href="https://www.legislation.gov.uk/ukpga/2017/32/schedule/17/paragraph/45">paragraph 45</ref> and the cross heading before paragraph 45;</p></content></level><level class="para1" eId="section-216-3-d"><num>(d)</num><content><p>in the italic cross heading before paragraph 46, omit “under paragraph 39(1)(b) or 44”;</p></content></level><level class="para1" eId="section-216-3-e"><num>(e)</num><content><p><mod>in <ref eId="c00315" href="https://www.legislation.gov.uk/ukpga/2017/32/schedule/17/paragraph/46">paragraph 46</ref><ref eId="c00316" href="https://www.legislation.gov.uk/ukpga/2017/32/schedule/17/paragraph/46">(1)</ref>, for “39(1)(b) or 44” substitute <quotedText>“<ref href="#d28e34616">39</ref> or <ref href="#d28e34879">40</ref>”</quotedText>;</mod></p></content></level><level class="para1" eId="section-216-3-f"><num>(f)</num><content><p><mod>in <ref eId="c00317" href="https://www.legislation.gov.uk/ukpga/2017/32/schedule/17/paragraph/49">paragraph 49</ref><ref eId="c00318" href="https://www.legislation.gov.uk/ukpga/2017/32/schedule/17/paragraph/49">(2)</ref><ref eId="c00319" href="https://www.legislation.gov.uk/ukpga/2017/32/schedule/17/paragraph/49">(a)</ref>, for “prescribed period mentioned in paragraph 41” substitute <quotedText>“period mentioned in paragraph <ref href="#d28e34616">39</ref><ref href="#d28e34741">(2)</ref><ref href="#d28e34756">(b)</ref>”</quotedText>.</mod></p></content></level></subsection></section><section eId="section-217"><num>217</num><heading>Removal of time limits on publication by HMRC</heading><subsection eId="section-217-1"><num>(1)</num><content><p>In <ref eId="c00320" href="https://www.legislation.gov.uk/ukpga/2004/12/part/7">Part 7</ref> of <ref eId="c00321" href="https://www.legislation.gov.uk/ukpga/2004/12/contents">FA 2004</ref> (disclosure of tax avoidance schemes), in <ref eId="c00322" href="https://www.legislation.gov.uk/ukpga/2004/12/section/316C">section 316C</ref> (publication by HMRC), omit <ref eId="c00323" href="https://www.legislation.gov.uk/ukpga/2004/12/section/316C">subsections (6A)</ref> and <ref eId="c00324" href="https://www.legislation.gov.uk/ukpga/2004/12/section/316C">(6B)</ref>.</p></content></subsection><subsection eId="section-217-2"><num>(2)</num><content><p>In <ref eId="c00325" href="https://www.legislation.gov.uk/ukpga/2017/32/schedule/17/part/1">Part 1</ref> of <ref eId="c00326" href="https://www.legislation.gov.uk/ukpga/2017/32/schedule/17">Schedule 17</ref> to <ref eId="c00327" href="https://www.legislation.gov.uk/ukpga/2017/32/contents">F(No.2)A 2017</ref> (disclosure of tax avoidance schemes: VAT and other indirect taxes), in <ref eId="c00328" href="https://www.legislation.gov.uk/ukpga/2017/32/schedule/17/paragraph/36">paragraph 36</ref> (publication by HMRC), omit <ref eId="c00329" href="https://www.legislation.gov.uk/ukpga/2017/32/schedule/17/paragraph/36">sub-paragraphs (7)</ref> and <ref eId="c00330" href="https://www.legislation.gov.uk/ukpga/2017/32/schedule/17/paragraph/36">(8)</ref>.</p></content></subsection></section><section eId="section-218"><num>218</num><heading>Consequential amendments</heading><subsection eId="section-218-1"><num>(1)</num><intro><p>In <ref eId="c00331" href="https://www.legislation.gov.uk/ukpga/2014/26/schedule/34/paragraph/5">paragraph 5</ref> of <ref eId="c00332" href="https://www.legislation.gov.uk/ukpga/2014/26/schedule/34">Schedule 34</ref> to <ref eId="c00333" href="https://www.legislation.gov.uk/ukpga/2014/26/contents">FA 2014</ref> (promoters of tax avoidance schemes: threshold conditions)—</p></intro><level class="para1" eId="section-218-1-a"><num>(a)</num><content><p><mod>in <ref eId="c00334" href="https://www.legislation.gov.uk/ukpga/2014/26/schedule/34/paragraph/5">sub-paragraph (3)</ref><ref eId="c00335" href="https://www.legislation.gov.uk/ukpga/2014/26/schedule/34/paragraph/5">(a)</ref>, for “the tribunal” substitute <quotedText>“an authorised officer”</quotedText>;</mod></p></content></level><level class="para1" eId="section-218-1-b"><num>(b)</num><intro><p>in <ref eId="c00336" href="https://www.legislation.gov.uk/ukpga/2014/26/schedule/34/paragraph/5">sub-paragraph (4)</ref><ref eId="c00337" href="https://www.legislation.gov.uk/ukpga/2014/26/schedule/34/paragraph/5">(a)</ref>—</p></intro><level class="para2" eId="section-218-1-b-i"><num>(i)</num><content><p><mod>at the beginning insert <quotedText>“on appeal,”</quotedText>;</mod></p></content></level><level class="para2" eId="section-218-1-b-ii"><num>(ii)</num><content><p><mod>for “section 118(2) of TMA 1970” substitute <quotedText>“section <ref href="#d28e34430">315D</ref><ref href="#d28e34434">(1)</ref> of FA 2004”</quotedText>;</mod></p></content></level></level><level class="para1" eId="section-218-1-c"><num>(c)</num><content><p><mod>for sub-paragraph (6) substitute—<quotedStructure startQuote="“" endQuote="”" uk:context="schedule" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="schedule" ukl:Format="double"><subparagraph><num>(6)</num><intro><p>For the purposes of this paragraph—</p></intro><hcontainer name="definition"><intro><p>“<term refersTo="#term-appeal-period">appeal period</term>” means—</p></intro><level class="para1"><num>(a)</num><content><p>the period during which an appeal could be brought against the determination of an authorised officer or the tribunal, as applicable, or</p></content></level><level class="para1"><num>(b)</num><content><p>where an appeal mentioned in paragraph (a) has been brought, the period during which that appeal has not been finally determined, withdrawn or otherwise disposed of;</p></content></level></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-authorised-officer">authorised officer</term>” means an officer of Revenue and Customs who is, or is a member of a class of officers who are, authorised by HMRC for the purposes of the provision concerned.</p></content></hcontainer></subparagraph></quotedStructure><inline name="appendText">.</inline></mod></p></content></level></subsection><subsection eId="section-218-2"><num>(2)</num><content><p><mod>In <ref eId="c00338" href="https://www.legislation.gov.uk/ukpga/2020/14/schedule/13/paragraph/5">paragraph 5</ref> of <ref eId="c00339" href="https://www.legislation.gov.uk/ukpga/2020/14/schedule/13">Schedule 13</ref> to <ref eId="c00340" href="https://www.legislation.gov.uk/ukpga/2020/14/contents">FA 2020</ref> (joint and several liability of company directors), for sub-paragraph (6)(a) substitute—<quotedStructure startQuote="“" endQuote="”" uk:context="schedule" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="schedule" ukl:Format="double"><level class="para1"><num>(a)</num><content><p>sections 315 and 315A of FA 2004 (penalties for non-disclosure of tax avoidance schemes);</p></content></level></quotedStructure><inline name="appendText">.</inline></mod></p></content></subsection><subsection eId="section-218-3"><num>(3)</num><intro><p>In <ref eId="c00341" href="https://www.legislation.gov.uk/ukpga/1992/5/section/132A">section 132A</ref><ref eId="c00342" href="https://www.legislation.gov.uk/ukpga/1992/5/section/132A">(2)</ref> of the <ref eId="c00343" href="https://www.legislation.gov.uk/ukpga/1992/5/contents">Social Security Administration Act 1992</ref> (disclosure of contributions avoidance arrangements)—</p></intro><level class="para1" eId="section-218-3-a"><num>(a)</num><content><p><mod>in <ref eId="c00344" href="https://www.legislation.gov.uk/ukpga/1992/5/section/132A">paragraph (a)</ref>, at the end insert <quotedText>“or to a penalty under that Part”</quotedText>;</mod></p></content></level><level class="para1" eId="section-218-3-b"><num>(b)</num><intro><p>in <ref eId="c00345" href="https://www.legislation.gov.uk/ukpga/1992/5/section/132A">paragraph (b)</ref>—</p></intro><level class="para2" eId="section-218-3-b-i"><num>(i)</num><content><p><mod>for “section 98C of the Taxes Management Act 1970 (penalties for failure to comply with Part 7 of the Finance Act 2004) and any other” substitute <quotedText>“any”</quotedText>;</mod></p></content></level><level class="para2" eId="section-218-3-b-ii"><num>(ii)</num><content><p><mod>for “that section” substitute <quotedText>“Part 7 of the Finance Act 2004”</quotedText>.</mod></p></content></level></level></subsection><subsection eId="section-218-4"><num>(4)</num><intro><p>In <ref eId="c00346" href="https://www.legislation.gov.uk/ukpga/2022/3/contents">FA 2022</ref>—</p></intro><level class="para1" eId="section-218-4-a"><num>(a)</num><intro><p>in <ref eId="c00347" href="https://www.legislation.gov.uk/ukpga/2022/3/section/90">section 90</ref><ref eId="c00348" href="https://www.legislation.gov.uk/ukpga/2022/3/section/90">(3)</ref> (freezing orders: interpretation etc)—</p></intro><level class="para2" eId="section-218-4-a-i"><num>(i)</num><content><p>omit <ref eId="c00349" href="https://www.legislation.gov.uk/ukpga/2022/3/section/90">paragraph (a)</ref>;</p></content></level><level class="para2" eId="section-218-4-a-ii"><num>(ii)</num><content><p>omit <ref eId="c00350" href="https://www.legislation.gov.uk/ukpga/2022/3/section/90">paragraph (d)</ref>;</p></content></level></level><level class="para1" eId="section-218-4-b"><num>(b)</num><content><p><mod>in <ref eId="c00351" href="https://www.legislation.gov.uk/ukpga/2022/3/schedule/13">Schedule 13</ref> (penalties for facilitating avoidance schemes involving non-resident promoters), in <ref eId="c00352" href="https://www.legislation.gov.uk/ukpga/2022/3/schedule/13/paragraph/1">paragraph 1</ref><ref eId="c00353" href="https://www.legislation.gov.uk/ukpga/2022/3/schedule/13/paragraph/1">(4)</ref>, for <ref href="#section-218-4-a">paragraph (a)</ref> substitute—<quotedStructure startQuote="“" endQuote="”" uk:context="schedule" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="schedule" ukl:Format="double"><level class="para1"><num>(a)</num><content><p>section <ref href="#d28e34054">315</ref> or 315A of FA 2004 (disclosure of tax avoidance schemes);</p></content></level></quotedStructure><inline name="appendText">.</inline></mod></p></content></level></subsection></section><section eId="section-219"><num>219</num><heading>Commencement</heading><content><p>The amendments made by sections <ref href="#section-216">216</ref> and <ref href="#section-218">218</ref> do not have effect in relation to a penalty for which proceedings have been commenced under section 100C TMA or paragraph 45 of Schedule 17 to F(No.2)A 2017 before sections <ref href="#section-216">216</ref> and <ref href="#section-218">218</ref> come into force.</p></content></section></hcontainer><hcontainer name="crossheading" ukl:Name="Pblock" eId="part-6-chapter-4-crossheading-construction-industry-scheme-amendments"><heading>Construction industry scheme: amendments</heading><section eId="section-220"><num>220</num><heading>Construction industry scheme: amendments</heading><subsection eId="section-220-1"><num>(1)</num><content><p><ref eId="c00354" href="https://www.legislation.gov.uk/ukpga/2004/12/part/3/chapter/3">Chapter 3</ref> of <ref eId="c00355" href="https://www.legislation.gov.uk/ukpga/2004/12/part/3">Part 3</ref> of <ref eId="c00356" href="https://www.legislation.gov.uk/ukpga/2004/12/contents">FA 2004</ref> (construction industry scheme) is amended as follows.</p></content></subsection><subsection eId="section-220-2"><num>(2)</num><content><p><mod>After <ref eId="c00357" href="https://www.legislation.gov.uk/ukpga/2004/12/section/62">section 62</ref> insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><hcontainer name="crossheading" ukl:Name="Pblock"><heading>Liability for things done in the knowledge of deliberate failures to comply</heading><section eId="d28e35426"><num>62A</num><heading>Payments made in the knowledge of deliberate failures to comply</heading><subsection eId="d28e35430"><num>(1)</num><intro><p>This section applies to a person who—</p></intro><level class="para1" eId="d28e35436"><num>(a)</num><content><p>has made a payment under a construction contract, and</p></content></level><level class="para1"><num>(b)</num><intro><p>before making a payment, knew or should have known that a connected party had deliberately failed, or would deliberately fail, to comply with a requirement to—</p></intro><level class="para2"><num>(i)</num><content><p>deduct a sum under section 61,</p></content></level><level class="para2"><num>(ii)</num><content><p>pay a sum to the Commissioners under section 62, or</p></content></level><level class="para2"><num>(iii)</num><content><p>deduct or pay an amount to His Majesty’s Revenue and Customs under PAYE regulations.</p></content></level></level></subsection><subsection eId="d28e35466"><num>(2)</num><content><p>If this section applies, an officer of Revenue and Customs may determine that the person is liable to pay to the Commissioners an amount equal to 20% of the payment referred to in subsection <ref href="#d28e35430">(1)</ref>.</p></content></subsection><subsection><num>(3)</num><intro><p>In this section, a “connected party” is</p></intro><level class="para1"><num>(a)</num><content><p>another party to the construction contract referred to in subsection <ref href="#d28e35430">(1)</ref><ref href="#d28e35436">(a)</ref>, or</p></content></level><level class="para1"><num>(b)</num><content><p>a party to another construction contract relating to the same construction operations as the construction contract referred to in subsection <ref href="#d28e35430">(1)</ref><ref href="#d28e35436">(a)</ref>.</p></content></level></subsection></section><section eId="d28e35506"><num>62B</num><heading>Returns made in the knowledge of deliberate failures to comply</heading><subsection><num>(1)</num><intro><p>This section applies to a person who—</p></intro><level class="para1"><num>(a)</num><content><p>makes a return which treats a sum as deducted and paid on account of the person’s liabilities under section 62(2) or (3), and</p></content></level><level class="para1"><num>(b)</num><intro><p>before doing so, knew or should have known that the sum—</p></intro><level class="para2"><num>(i)</num><content><p>had not been deducted, or</p></content></level><level class="para2"><num>(ii)</num><content><p>had deliberately not been, or would deliberately not be, paid on account of the person’s liabilities.</p></content></level></level></subsection><subsection eId="d28e35540"><num>(2)</num><content><p>If this section applies, an officer of Revenue and Customs may determine that the person is liable to pay to the Commissioners an amount equal to the sum which the return treats as paid on account of the person’s liabilities.</p></content></subsection></section><section><num>62C</num><heading>Regulations</heading><content><p>The Commissioners may make regulations with respect to the determination, collection and recovery of amounts described in sections <ref href="#d28e35426">62A</ref><ref href="#d28e35466">(2)</ref> and <ref href="#d28e35506">62B</ref><ref href="#d28e35540">(2)</ref>.</p></content></section></hcontainer></quotedStructure><inline name="appendText">.</inline></mod></p></content></subsection><subsection eId="section-220-3"><num>(3)</num><intro><p>In <ref eId="c00358" href="https://www.legislation.gov.uk/ukpga/2004/12/section/66">section 66</ref>—</p></intro><level class="para1" eId="section-220-3-a"><num>(a)</num><content><p><mod>after <ref eId="c00359" href="https://www.legislation.gov.uk/ukpga/2004/12/section/66">subsection (3)</ref> insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><subsection eId="d28e35586"><num>(3A)</num><intro><p>The Commissioners may at any time make a determination cancelling a person’s registration for gross payment if—</p></intro><level class="para1"><num>(a)</num><content><p>section <ref href="#d28e35426">62A</ref> (payments made in the knowledge of deliberate failures to comply), or</p></content></level><level class="para1"><num>(b)</num><content><p>section <ref href="#d28e35506">62B</ref> (returns made in the knowledge of deliberate failures to comply),</p></content></level><wrapUp><p>applies to the person.</p></wrapUp></subsection></quotedStructure><inline name="appendText">;</inline></mod></p></content></level><level class="para1" eId="section-220-3-b"><num>(b)</num><intro><p>in <ref eId="c00360" href="https://www.legislation.gov.uk/ukpga/2004/12/section/66">subsection (4)</ref>—</p></intro><level class="para2" eId="section-220-3-b-i"><num>(i)</num><content><p><mod>for “the Board” substitute <quotedText>“the Commissioners”</quotedText>;</mod></p></content></level><level class="para2" eId="section-220-3-b-ii"><num>(ii)</num><content><p><mod>after “subsection (3)” insert <quotedText>“or subsection <ref href="#d28e35586">(3A)</ref>”</quotedText>;</mod></p></content></level></level><level class="para1" eId="section-220-3-c"><num>(c)</num><intro><p>in <ref eId="c00361" href="https://www.legislation.gov.uk/ukpga/2004/12/section/66">subsection (6)</ref>—</p></intro><level class="para2" eId="section-220-3-c-i"><num>(i)</num><content><p>the words from “the person must” to the end become paragraph (a);</p></content></level><level class="para2" eId="section-220-3-c-ii"><num>(ii)</num><content><p><mod>after that paragraph insert <quotedText startQuote="“">, and</quotedText><quotedStructure endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="default"><level class="para1"><num>(b)</num><content><p>the person may not, within the period of one year beginning with the day on which the cancellation takes effect (see subsection (2) and section 67(5)), apply for registration for gross payment.</p></content></level></quotedStructure><inline name="appendText">;</inline></mod></p></content></level></level><level class="para1" eId="section-220-3-d"><num>(d)</num><intro><p>in <ref eId="c00362" href="https://www.legislation.gov.uk/ukpga/2004/12/section/66">subsection (7)</ref>—</p></intro><level class="para2" eId="section-220-3-d-i"><num>(i)</num><content><p><mod>after “subsection (3)” insert <quotedText>“or subsection <ref href="#d28e35586">(3A)</ref>”</quotedText>;</mod></p></content></level><level class="para2" eId="section-220-3-d-ii"><num>(ii)</num><content><p><mod>for the words from “the person may” to the end substitute—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><level class="para1"><num>(a)</num><content><p>the person may, if the Commissioners think fit, be registered for payment under deduction, and</p></content></level><level class="para1"><num>(b)</num><content><p>the person may not, within the period of five years beginning with the day on which the cancellation takes effect (see subsection (4)), apply for registration for gross payment.</p></content></level></quotedStructure><inline name="appendText">;</inline></mod></p></content></level></level><level class="para1" eId="section-220-3-e"><num>(e)</num><content><p>omit <ref eId="c00363" href="https://www.legislation.gov.uk/ukpga/2004/12/section/66">subsection (8)</ref>.</p></content></level></subsection><subsection eId="section-220-4"><num>(4)</num><content><p><mod>In <ref eId="c00364" href="https://www.legislation.gov.uk/ukpga/2004/12/section/72">section 72</ref>, in the heading, at the end insert <quotedText>“: false statements and documentation”</quotedText>.</mod></p></content></subsection><subsection eId="section-220-5"><num>(5)</num><content><p><mod>After <ref eId="c00365" href="https://www.legislation.gov.uk/ukpga/2004/12/section/72">section 72</ref> insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><section eId="d28e35752"><num>72A</num><heading>Penalties: deliberate failures to comply</heading><subsection eId="d28e35756"><num>(1)</num><content><p>A person is liable to a penalty not exceeding 30% of any amount that they are determined to be liable to pay under section <ref href="#d28e35426">62A</ref> (payments made in the knowledge of deliberate failures to comply) or <ref href="#d28e35506">62B</ref> (returns made in the knowledge of deliberate failures to comply).</p></content></subsection><subsection eId="d28e35768"><num>(2)</num><content><p>A penalty under this section may not be determined more than three years after the date on which the determination under section <ref href="#d28e35426">62A</ref> or <ref href="#d28e35506">62B</ref> becomes final.</p></content></subsection><subsection><num>(3)</num><content><p>For the purposes of subsection <ref href="#d28e35768">(2)</ref> and section <ref href="#d28e35806">72B</ref><ref href="#d28e35851">(3)</ref>, a determination becomes final at the time when the period for any appeal or further appeal relating to the determination expires or, if later, when any appeal or final appeal relating to the penalty is finally determined.</p></content></subsection><subsection><num>(4)</num><content><p>Section 103(4) TMA 1970 (time limits) does not apply to a penalty under this section.</p></content></subsection></section><section eId="d28e35806"><num>72B</num><heading>Penalties under section <ref href="#d28e35752">72A</ref>: officers’ liability</heading><subsection><num>(1)</num><intro><p>Where—</p></intro><level class="para1"><num>(a)</num><content><p>a company is liable to a penalty under section <ref href="#d28e35752">72A</ref>, and</p></content></level><level class="para1"><num>(b)</num><content><p>the actions of the company which give rise to that liability were attributable to an officer of the company,</p></content></level><wrapUp><p>the officer is liable to pay such portion of the penalty (which may be equal to or less than 100%) as the Commissioners may specify in a notice given to the officer (a “decision notice”).</p></wrapUp></subsection><subsection><num>(2)</num><intro><p>Before giving the officer a decision notice, the Commissioners must—</p></intro><level class="para1"><num>(a)</num><content><p>inform the officer that they are considering doing so, and</p></content></level><level class="para1"><num>(b)</num><content><p>afford the officer the opportunity to make representations about whether a decision notice should be given or the portion that should be specified.</p></content></level></subsection><subsection eId="d28e35851"><num>(3)</num><intro><p>A decision notice—</p></intro><level class="para1"><num>(a)</num><content><p>may not be given before the amount of the penalty due from the company has been determined (but it may be given immediately after that has happened), and</p></content></level><level class="para1"><num>(b)</num><content><p>may not be given more than three years after the date on which the determination mentioned in section <ref href="#d28e35752">72A</ref><ref href="#d28e35756">(1)</ref> becomes final.</p></content></level></subsection><subsection><num>(4)</num><intro><p>Where the Commissioners have specified a portion of the penalty in a decision notice given to the officer—</p></intro><level class="para1"><num>(a)</num><content><p>the officer must pay the specified portion before the end of the period of 30 days beginning with the day on which the notice is given,</p></content></level><level class="para1"><num>(b)</num><content><p>the specified portion shall be recoverable as if it were tax due from the officer, and</p></content></level><level class="para1"><num>(c)</num><content><p>a further decision notice may be given in respect of a portion of any additional penalty for which the company is determined to be liable.</p></content></level></subsection><subsection><num>(5)</num><content><p>The Commissioners may not recover more than 100% of the penalty through issuing decision notices in relation to two or more persons.</p></content></subsection><subsection><num>(6)</num><content><p>A person is not liable to pay an amount by virtue of this section if the actions of the company concerned are attributable to the person by reference to conduct for which the person has been convicted of an offence.</p><p>In this subsection “<term refersTo="#term-conduct">conduct</term>” includes omissions.</p></content></subsection><subsection><num>(7)</num><intro><p>In this section and section <ref href="#d28e35989">72C</ref>—</p></intro><hcontainer name="definition"><content><p>“<term refersTo="#term-company">company</term>” means a body corporate or unincorporated association;</p></content></hcontainer><hcontainer name="definition"><intro><p>“<term refersTo="#term-officer">officer</term>” means—</p></intro><level class="para1"><num>(a)</num><content><p>in relation to a body corporate other than one whose affairs are managed by its members—</p><blockList class="ordered roman parens" ukl:Name="OrderedList" ukl:Type="roman" ukl:Decoration="parens"><item><num>(i)</num><p>a director, manager, secretary or other similar officer of the body, or a person purporting to act in such a capacity, or</p></item><item><num>(ii)</num><p>a shadow director within the meaning of <ref eId="c00366" href="https://www.legislation.gov.uk/ukpga/2006/46/section/251">section 251</ref> of the <ref eId="c00367" href="https://www.legislation.gov.uk/ukpga/2006/46/contents">Companies Act 2006</ref>;</p></item></blockList></content></level><level class="para1"><num>(b)</num><content><p>in relation to a limited liability partnership or other body corporate whose affairs are managed by its members—</p><blockList class="ordered roman parens" ukl:Name="OrderedList" ukl:Type="roman" ukl:Decoration="parens"><item><num>(i)</num><p>a member who exercises management functions with respect to it, or purports to do so, or</p></item><item><num>(ii)</num><p>in the case of a limited liability partnership, a shadow member;</p></item></blockList></content></level><level class="para1"><num>(c)</num><content><p>in relation to an unincorporated association, a person who exercises functions of management with respect to it, or purports to do so;</p></content></level></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-shadow-member">shadow member</term>” means a person in accordance with whose directions or instructions the members of a limited liability partnership are accustomed to act, save that a person is not a shadow member by reason only of the fact that the members act on advice given by that person in a professional capacity.</p></content></hcontainer></subsection></section><section eId="d28e35989"><num>72C</num><heading>Appeals in relation to a decision notice under section <ref href="#d28e35806">72B</ref></heading><subsection><num>(1)</num><intro><p>An officer may appeal—</p></intro><level class="para1"><num>(a)</num><content><p>the decision to give a decision notice under section <ref href="#d28e35806">72B</ref>, including on the grounds that the company is not liable to the penalty under section <ref href="#d28e35752">72A</ref> to which the decision notice relates;</p></content></level><level class="para1"><num>(b)</num><content><p>the amount of the specified portion.</p></content></level></subsection><subsection><num>(2)</num><intro><p>Notice of an appeal must—</p></intro><level class="para1"><num>(a)</num><content><p>state the ground of appeal, and</p></content></level><level class="para1"><num>(b)</num><content><p>be given in writing to HMRC before the end of the period of 30 days beginning with the day on which the decision notice was given to the officer.</p></content></level></subsection><subsection><num>(3)</num><content><p>The provisions of Part 5 of TMA 1970 relating to appeals have effect in relation to appeals under this section as they have effect in relation to an appeal against an assessment to income tax.</p></content></subsection></section></quotedStructure></mod></p></content></subsection><subsection eId="section-220-6"><num>(6)</num><content><p><mod>In section 75, at the end insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><subsection><num>(4)</num><content><p>In this Chapter “<term refersTo="#term-the-commissioners">the Commissioners</term>” means the Commissioners for His Majesty’s Revenue and Customs.</p></content></subsection></quotedStructure><inline name="appendText">.</inline></mod></p></content></subsection></section><section eId="section-221"><num>221</num><heading>Construction industry scheme regulations: amendments</heading><subsection eId="section-221-1"><num>(1)</num><content><p>The <ref eId="c00368" href="https://www.legislation.gov.uk/uksi/2005/2045/contents">Income Tax (Construction Industry Scheme) Regulations 2005</ref> (<ref eId="c00369" href="http://www.legislation.gov.uk/id/uksi/2005/2045">S.I. 2005/2045</ref>) are amended as follows.</p></content></subsection><subsection eId="section-221-2"><num>(2)</num><content><p><mod>After <ref eId="c00370" href="https://www.legislation.gov.uk/uksi/2005/2045/regulation/13">regulation 13</ref> insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="uksi" ukl:TargetClass="secondary" ukl:TargetSubClass="regulation" ukl:Context="main" ukl:Format="double"><hcontainer name="regulation"><heading>Determination of amounts payable as a result of things done in the knowledge of deliberate failures to comply and appeal against determination</heading><num>13A.</num><paragraph><num>(1)</num><content><p>This regulation applies if a determination is made under section <ref href="#d28e35426">62A</ref><ref href="#d28e35466">(2)</ref> (payments made in the knowledge of deliberate failures to comply) or <ref href="#d28e35506">62B</ref><ref href="#d28e35540">(2)</ref> (returns made in the knowledge of deliberate failures to comply) of the Act.</p></content></paragraph><paragraph><num>(2)</num><content><p>An officer of Revenue and Customs must serve notice of the determination on the person to whom it relates.</p></content></paragraph><paragraph><num>(3)</num><content><p>The determination may cover one or more amounts the person is liable to pay under section <ref href="#d28e35426">62A</ref><ref href="#d28e35466">(2)</ref> or <ref href="#d28e35506">62B</ref><ref href="#d28e35540">(2)</ref> of the Act.</p></content></paragraph><paragraph><num>(4)</num><intro><p>The determination is subject to Parts 4, 5, 5A and 6 of TMA (assessment, appeals, collection and recovery) as if—</p></intro><level class="para1"><num>(a)</num><content><p>the determination were an assessment, and</p></content></level><level class="para1"><num>(b)</num><content><p>the amount determined were income tax charged on the person,</p></content></level><wrapUp><p>and those Parts of that Act apply accordingly with any necessary modifications, except that the amount determined is due and payable 14 days after the determination is made.</p></wrapUp></paragraph></hcontainer></quotedStructure></mod></p></content></subsection><subsection eId="section-221-3"><num>(3)</num><intro><p>In <ref eId="c00371" href="https://www.legislation.gov.uk/uksi/2005/2045/regulation/16">regulation 16</ref>—</p></intro><level class="para1" eId="section-221-3-a"><num>(a)</num><intro><p>in <ref eId="c00372" href="https://www.legislation.gov.uk/uksi/2005/2045/regulation/16">paragraph (1)</ref>—</p></intro><level class="para2" eId="section-221-3-a-i"><num>(i)</num><content><p>the words from “a contractor” to the end become <ref href="#section-221-3-a">paragraph (a)</ref>;</p></content></level><level class="para2" eId="section-221-3-a-ii"><num>(ii)</num><content><p><mod>after <ref eId="c00373" href="https://www.legislation.gov.uk/uksi/2005/2045/regulation/16">that paragraph</ref> insert <quotedText startQuote="“">, or</quotedText><quotedStructure endQuote="”" uk:context="body" uk:docName="uksi" ukl:TargetClass="secondary" ukl:TargetSubClass="regulation" ukl:Context="main" ukl:Format="default"><level class="para1"><num>(b)</num><content><p>a person is liable to pay under regulation 13A(2).</p></content></level></quotedStructure><inline name="appendText">;</inline></mod></p></content></level></level><level class="para1" eId="section-221-3-b"><num>(b)</num><content><p><mod>in <ref eId="c00374" href="https://www.legislation.gov.uk/uksi/2005/2045/regulation/16">paragraph (3)</ref>, in Table 1, in the first row, for “and 13(2)” substitute <quotedText>“, 13(2) and 13A(2)”</quotedText>.</mod></p></content></level></subsection></section><section eId="section-222"><num>222</num><heading>Commencement</heading><subsection eId="section-222-1"><num>(1)</num><content><p>Subject to subsection <ref href="#section-222-2">(2)</ref>, the amendments made by sections <ref href="#section-220">220</ref> and <ref href="#section-221">221</ref> have effect from 6 April 2026.</p></content></subsection><subsection eId="section-222-2"><num>(2)</num><content><p>The amendments made by section <ref href="#section-220">220</ref><ref href="#section-220-3">(3)</ref><ref href="#section-220-3-d">(d)</ref><ref href="#section-220-3-d-ii">(ii)</ref> and <ref href="#section-220">220</ref><ref href="#section-220-3">(3)</ref><ref href="#section-220-3-e">(e)</ref>have effect in relation to a determination under section 66(3) of FA 2004 if the determination is made by reference to behaviour occurring on or after 6 April 2026.</p></content></subsection></section></hcontainer></chapter></part>
<chapter xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" eId="part-6-chapter-1"><num>Chapter 1</num><heading>Prohibition of promotion of certain tax avoidance arrangements</heading><hcontainer name="crossheading" ukl:Name="Pblock" eId="part-6-chapter-1-crossheading-prohibition"><heading>Prohibition</heading><section eId="section-159"><num>159</num><heading>Prohibition of promotion of certain tax avoidance arrangements</heading><subsection eId="section-159-1"><num>(1)</num><intro><p>A person must not promote arrangements that—</p></intro><level class="para1" eId="section-159-1-a"><num>(a)</num><content><p>have been, or are likely to be, marketed as a means by which a person may seek a particular tax advantage if there is no realistic prospect that the arrangements will result in the tax advantage, or</p></content></level><level class="para1" eId="section-159-1-b"><num>(b)</num><content><p>are of a kind specified in regulations under subsection (2).</p></content></level></subsection><subsection eId="section-159-2"><num>(2)</num><intro><p>The Commissioners may by regulations specify arrangements that in the reasonable opinion of the Commissioners—</p></intro><level class="para1" eId="section-159-2-a"><num>(a)</num><content><p>have been, or are likely to be, marketed as a means by which a person may seek a particular tax advantage,</p></content></level><level class="para1" eId="section-159-2-b"><num>(b)</num><content><p>are unlikely to result in the tax advantage, and</p></content></level><level class="para1" eId="section-159-2-c"><num>(c)</num><content><p>are likely to cause harm to participants.</p></content></level></subsection><subsection eId="section-159-3"><num>(3)</num><intro><p>The following factors would, for example, indicate that arrangements are likely to cause harm to participants—</p></intro><level class="para1" eId="section-159-3-a"><num>(a)</num><content><p>a large number of participants;</p></content></level><level class="para1" eId="section-159-3-b"><num>(b)</num><content><p>participants that are not independently advised;</p></content></level><level class="para1" eId="section-159-3-c"><num>(c)</num><content><p>participants with otherwise straightforward tax affairs;</p></content></level><level class="para1" eId="section-159-3-d"><num>(d)</num><content><p>mass-marketing;</p></content></level><level class="para1" eId="section-159-3-e"><num>(e)</num><content><p>standardised implementation documents;</p></content></level><level class="para1" eId="section-159-3-f"><num>(f)</num><content><p>promoters that are unknown to, or not able to be contacted by, participants.</p></content></level></subsection><subsection eId="section-159-4"><num>(4)</num><intro><p>Regulations under subsection (2) may specify arrangements by—</p></intro><level class="para1" eId="section-159-4-a"><num>(a)</num><intro><p>describing—</p></intro><level class="para2" eId="section-159-4-a-i"><num>(i)</num><content><p>some or all of the steps to be taken by participants or other persons;</p></content></level><level class="para2" eId="section-159-4-a-ii"><num>(ii)</num><content><p>the tax advantage sought;</p></content></level><level class="para2" eId="section-159-4-a-iii"><num>(iii)</num><content><p>the marketing;</p></content></level><level class="para2" eId="section-159-4-a-iv"><num>(iv)</num><content><p>characteristics of participants;</p></content></level></level><level class="para1" eId="section-159-4-b"><num>(b)</num><content><p>providing examples or illustrations;</p></content></level><level class="para1" eId="section-159-4-c"><num>(c)</num><content><p>such other means as the Commissioners consider appropriate.</p></content></level></subsection><subsection eId="section-159-5"><num>(5)</num><content><p>It does not matter for the purposes of this section whether a person knows, or has reason to believe, that the arrangements fall within <ref href="#section-159-1">subsection (1)</ref>.</p></content></subsection></section><section eId="section-160"><num>160</num><heading>Meaning of promotion</heading><subsection eId="section-160-1"><num>(1)</num><intro><p>For the purposes of <ref href="#section-159">section 159</ref>, a person promotes arrangements if, in the course of a business or with a view to monetary gain, the person—</p></intro><level class="para1" eId="section-160-1-a"><num>(a)</num><content><p>communicates information with a view to encouraging another person to implement the arrangements or part of the arrangements,</p></content></level><level class="para1" eId="section-160-1-b"><num>(b)</num><content><p>makes the arrangements available for implementation by another person,</p></content></level><level class="para1" eId="section-160-1-c"><num>(c)</num><content><p>in circumstances where the arrangements have been implemented by another person, organises or manages any aspect of the arrangements, or</p></content></level><level class="para1" eId="section-160-1-d"><num>(d)</num><content><p>arranges (whether directly or indirectly) for another person or persons to take the steps above.</p></content></level></subsection><subsection eId="section-160-2"><num>(2)</num><intro><p>A person does not promote arrangements merely by—</p></intro><level class="para1" eId="section-160-2-a"><num>(a)</num><content><p>providing goods or services on commercial terms in circumstances where the person does not know, and could not reasonably be expected to know, that the goods or services are being procured or used for the purposes of arrangements falling within <ref href="#section-159">section 159</ref><ref href="#section-159-1">(1)</ref> (prohibition of promotion), or</p></content></level><level class="para1" eId="section-160-2-b"><num>(b)</num><content><p>providing legally privileged advice or legally privileged information.</p></content></level></subsection><subsection eId="section-160-3"><num>(3)</num><content><p>For the purposes of <ref href="#section-160-2">subsection (2)</ref><ref href="#section-160-2-b">(b)</ref>, advice or information is legally privileged if a claim to legal professional privilege, or (in Scotland) to confidentiality of communications as between client and professional legal adviser, could be maintained in respect of it in legal proceedings.</p></content></subsection></section><section eId="section-161"><num>161</num><heading>Procedure</heading><subsection eId="section-161-1"><num>(1)</num><content><p>Regulations under <ref href="#section-159">section 159</ref><ref href="#section-159-2">(2)</ref> are to be made by statutory instrument.</p></content></subsection><subsection eId="section-161-2"><num>(2)</num><content><p>A statutory instrument containing regulations under <ref href="#section-159">section 159</ref><ref href="#section-159-2">(2)</ref> must be laid before the House of Commons after being made.</p></content></subsection><subsection eId="section-161-3"><num>(3)</num><content><p>Regulations contained in a statutory instrument laid before the House of Commons under <ref href="#section-161-2">subsection (2)</ref> cease to have effect at the end of the period of 28 days beginning on the day on which the instrument is made unless, during that period, the instrument is approved by a resolution of the House of Commons.</p></content></subsection><subsection eId="section-161-4"><num>(4)</num><intro><p>In calculating the period of 28 days, no account is to be taken of any whole days that fall within a period during which—</p></intro><level class="para1" eId="section-161-4-a"><num>(a)</num><content><p>Parliament is dissolved or prorogued, or</p></content></level><level class="para1" eId="section-161-4-b"><num>(b)</num><content><p>the House of Commons is adjourned for more than four days.</p></content></level></subsection><subsection eId="section-161-5"><num>(5)</num><intro><p>If the regulations cease to have effect as a result of <ref href="#section-161-3">subsection (3)</ref>, that does not—</p></intro><level class="para1" eId="section-161-5-a"><num>(a)</num><content><p>affect the validity of anything previously done under the regulations, or</p></content></level><level class="para1" eId="section-161-5-b"><num>(b)</num><content><p>prevent the making of new regulations.</p></content></level></subsection></section></hcontainer><hcontainer name="crossheading" ukl:Name="Pblock" eId="part-6-chapter-1-crossheading-sanctions"><heading>Sanctions</heading><section eId="section-162"><num>162</num><heading>Civil penalties</heading><subsection eId="section-162-1"><num>(1)</num><content><p>A person who promotes arrangements in breach of <ref href="#section-159">section 159</ref><ref href="#section-159-1">(1)</ref> is liable to a penalty.</p></content></subsection><subsection eId="section-162-2"><num>(2)</num><intro><p>The maximum penalty under this section is the sum of—</p></intro><level class="para1" eId="section-162-2-a"><num>(a)</num><content><p>£1,000,000, and</p></content></level><level class="para1" eId="section-162-2-b"><num>(b)</num><content><p>£5,000 for each person who participated in the arrangements.</p></content></level></subsection><subsection eId="section-162-3"><num>(3)</num><intro><p>Before imposing a penalty under this section, an authorised officer of Revenue and Customs must—</p></intro><level class="para1" eId="section-162-3-a"><num>(a)</num><content><p>notify the person of the fact that the authorised officer considers subsection (1) to apply, and</p></content></level><level class="para1" eId="section-162-3-b"><num>(b)</num><content><p>allow the person 30 days from the date of notification to make representations to HMRC.</p></content></level></subsection><subsection eId="section-162-4"><num>(4)</num><intro><p>In imposing a penalty under this section, an authorised officer of Revenue and Customs must have regard to—</p></intro><level class="para1" eId="section-162-4-a"><num>(a)</num><content><p>the number of persons participating, or targeted to participate, in the arrangements,</p></content></level><level class="para1" eId="section-162-4-b"><num>(b)</num><content><p>the amount of tax that was likely at risk in connection with the arrangements,</p></content></level><level class="para1" eId="section-162-4-c"><num>(c)</num><content><p>whether and to what extent the person cooperated with HMRC, and</p></content></level><level class="para1" eId="section-162-4-d"><num>(d)</num><content><p>whether the wrongdoing was repeated, or continued over an extended period.</p></content></level></subsection><subsection eId="section-162-5"><num>(5)</num><content><p>A penalty imposed under this section is to be treated as a penalty determined under section 100(1) of TMA 1970.</p></content></subsection><subsection eId="section-162-6"><num>(6)</num><content><p>A penalty imposed under this section is to carry interest in accordance with section 101 of FA 2009.</p></content></subsection><subsection eId="section-162-7"><num>(7)</num><content><p>A person is not liable to a penalty under this section in respect of anything for which the person has been convicted of an offence.</p></content></subsection><subsection eId="section-162-8"><num>(8)</num><content><p><mod>In paragraph 5(6) of Schedule 13 to FA 2020 (joint and several liability of company directors etc) after paragraph (f) insert—<quotedStructure startQuote="“" endQuote="”" uk:context="schedule" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="schedule" ukl:Format="double"><level class="para1"><num>(g)</num><content><p><ref href="#section-162">section 162</ref> of FA 2026 (prohibition of promotion of certain tax avoidance arrangements: penalties).</p></content></level></quotedStructure></mod></p></content></subsection></section><section eId="section-163"><num>163</num><heading>Criminal offence</heading><subsection eId="section-163-1"><num>(1)</num><content><p>A person who promotes arrangements in breach of <ref href="#section-159">section 159</ref><ref href="#section-159-1">(1)</ref> commits an offence.</p></content></subsection><subsection eId="section-163-2"><num>(2)</num><intro><p>A person who commits an offence under this section is liable—</p></intro><level class="para1" eId="section-163-2-a"><num>(a)</num><intro><p>on summary conviction, to—</p></intro><level class="para2" eId="section-163-2-a-i"><num>(i)</num><content><p>in England and Wales, a fine, or</p></content></level><level class="para2" eId="section-163-2-a-ii"><num>(ii)</num><content><p>in Scotland or Northern Ireland, a fine not exceeding the statutory maximum, or</p></content></level></level><level class="para1" eId="section-163-2-b"><num>(b)</num><content><p>on conviction on indictment, to imprisonment for a term not exceeding two years or to a fine or both.</p></content></level></subsection></section><section eId="section-164"><num>164</num><heading>Criminal liability of responsible persons</heading><subsection eId="section-164-1"><num>(1)</num><intro><p>If an offence under <ref href="#section-163">section 163</ref> is committed by a body corporate or a partnership and—</p></intro><level class="para1" eId="section-164-1-a"><num>(a)</num><content><p>is committed with the consent or connivance of a responsible person, or</p></content></level><level class="para1" eId="section-164-1-b"><num>(b)</num><content><p>is attributable to the neglect of a responsible person,</p></content></level><wrapUp><p>the responsible person commits the offence (as well as the body or partnership).</p></wrapUp></subsection><subsection eId="section-164-2"><num>(2)</num><intro><p>A “<term refersTo="#term-responsible-person" eId="term-responsible-person">responsible person</term>” means—</p></intro><level class="para1" eId="section-164-2-a"><num>(a)</num><intro><p>in relation to a body corporate other than one whose affairs are managed by its members—</p></intro><level class="para2" eId="section-164-2-a-i"><num>(i)</num><content><p>a director, manager, secretary or other similar officer of the body, or a person purporting to act in such a capacity, or</p></content></level><level class="para2" eId="section-164-2-a-ii"><num>(ii)</num><content><p>a shadow director within the meaning given in <ref eId="c00192" href="https://www.legislation.gov.uk/ukpga/2006/46/section/251">section 251</ref> of the <ref eId="c00193" href="https://www.legislation.gov.uk/ukpga/2006/46/contents">Companies Act 2006</ref>;</p></content></level></level><level class="para1" eId="section-164-2-b"><num>(b)</num><intro><p>in relation to a limited liability partnership or other body corporate whose affairs are managed by its members—</p></intro><level class="para2" eId="section-164-2-b-i"><num>(i)</num><content><p>a member exercising management functions, or purporting to do so, or</p></content></level><level class="para2" eId="section-164-2-b-ii"><num>(ii)</num><content><p>in the case of a limited liability partnership, a shadow member;</p></content></level></level><level class="para1" eId="section-164-2-c"><num>(c)</num><content><p>in relation to a partnership, a partner or a person purporting to act in that capacity.</p></content></level></subsection><subsection eId="section-164-3"><num>(3)</num><content><p>In <ref href="#section-164">this section</ref>, a “<term refersTo="#term-shadow-member" eId="term-shadow-member">shadow member</term>” means a person in accordance with whose directions or instructions the members of the limited liability partnership are accustomed to act, save that a person is not a shadow member by reason only of the fact that the members act on advice given by that person in a professional capacity.</p></content></subsection></section></hcontainer><hcontainer name="crossheading" ukl:Name="Pblock" eId="part-6-chapter-1-crossheading-general"><heading>General</heading><section eId="section-165"><num>165</num><heading>Interpretation and commencement</heading><subsection eId="section-165-1"><num>(1)</num><intro><p>In this Chapter—</p></intro><hcontainer name="definition"><content><p>“<term refersTo="#term-arrangements" eId="term-arrangements">arrangements</term>” includes any agreement, scheme, arrangement or understanding of any kind whether or not legally enforceable involving one or more transactions, and includes a proposal for arrangements;</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-authorised-officer-of-revenue-and-customs" eId="term-authorised-officer-of-revenue-and-customs">authorised officer of Revenue and Customs</term>” means an officer of Revenue and Customs who is, or is a member of a class of officers who are, authorised by the Commissioners for the purpose of this Chapter;</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-commissioners" eId="term-commissioners">Commissioners</term>” means the Commissioners for His Majesty’s Revenue and Customs;</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-hmrc" eId="term-hmrc">HMRC</term>” means His Majesty’s Revenue and Customs;</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-promotion" eId="term-promotion">promotion</term>” has the meaning given in <ref href="#section-160">section 160</ref>;</p></content></hcontainer><hcontainer name="definition"><intro><p>“<term refersTo="#term-tax-advantage" eId="term-tax-advantage">tax advantage</term>” includes—</p></intro><level class="para1"><num>(a)</num><content><p>relief or increased relief from tax,</p></content></level><level class="para1"><num>(b)</num><content><p>repayment or increased repayment from tax,</p></content></level><level class="para1"><num>(c)</num><content><p>avoidance or reduction of a charge to tax or an assessment to tax,</p></content></level><level class="para1"><num>(d)</num><content><p>avoidance of a possible assessment to tax,</p></content></level><level class="para1"><num>(e)</num><content><p>deferral of a payment of tax or advancement of a repayment of tax, and</p></content></level><level class="para1"><num>(f)</num><content><p>avoidance of an obligation to deduct or account for tax.</p></content></level></hcontainer></subsection><subsection eId="section-165-2"><num>(2)</num><content><p><ref href="#section-159">Section 159</ref><ref href="#section-159-1">(1)</ref> comes into force two months after the day on which this Act is passed.</p></content></subsection></section></hcontainer></chapter>
<hcontainer xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" name="crossheading" ukl:Name="Pblock" eId="part-6-chapter-1-crossheading-prohibition"><heading>Prohibition</heading><section eId="section-159"><num>159</num><heading>Prohibition of promotion of certain tax avoidance arrangements</heading><subsection eId="section-159-1"><num>(1)</num><intro><p>A person must not promote arrangements that—</p></intro><level class="para1" eId="section-159-1-a"><num>(a)</num><content><p>have been, or are likely to be, marketed as a means by which a person may seek a particular tax advantage if there is no realistic prospect that the arrangements will result in the tax advantage, or</p></content></level><level class="para1" eId="section-159-1-b"><num>(b)</num><content><p>are of a kind specified in regulations under subsection (2).</p></content></level></subsection><subsection eId="section-159-2"><num>(2)</num><intro><p>The Commissioners may by regulations specify arrangements that in the reasonable opinion of the Commissioners—</p></intro><level class="para1" eId="section-159-2-a"><num>(a)</num><content><p>have been, or are likely to be, marketed as a means by which a person may seek a particular tax advantage,</p></content></level><level class="para1" eId="section-159-2-b"><num>(b)</num><content><p>are unlikely to result in the tax advantage, and</p></content></level><level class="para1" eId="section-159-2-c"><num>(c)</num><content><p>are likely to cause harm to participants.</p></content></level></subsection><subsection eId="section-159-3"><num>(3)</num><intro><p>The following factors would, for example, indicate that arrangements are likely to cause harm to participants—</p></intro><level class="para1" eId="section-159-3-a"><num>(a)</num><content><p>a large number of participants;</p></content></level><level class="para1" eId="section-159-3-b"><num>(b)</num><content><p>participants that are not independently advised;</p></content></level><level class="para1" eId="section-159-3-c"><num>(c)</num><content><p>participants with otherwise straightforward tax affairs;</p></content></level><level class="para1" eId="section-159-3-d"><num>(d)</num><content><p>mass-marketing;</p></content></level><level class="para1" eId="section-159-3-e"><num>(e)</num><content><p>standardised implementation documents;</p></content></level><level class="para1" eId="section-159-3-f"><num>(f)</num><content><p>promoters that are unknown to, or not able to be contacted by, participants.</p></content></level></subsection><subsection eId="section-159-4"><num>(4)</num><intro><p>Regulations under subsection (2) may specify arrangements by—</p></intro><level class="para1" eId="section-159-4-a"><num>(a)</num><intro><p>describing—</p></intro><level class="para2" eId="section-159-4-a-i"><num>(i)</num><content><p>some or all of the steps to be taken by participants or other persons;</p></content></level><level class="para2" eId="section-159-4-a-ii"><num>(ii)</num><content><p>the tax advantage sought;</p></content></level><level class="para2" eId="section-159-4-a-iii"><num>(iii)</num><content><p>the marketing;</p></content></level><level class="para2" eId="section-159-4-a-iv"><num>(iv)</num><content><p>characteristics of participants;</p></content></level></level><level class="para1" eId="section-159-4-b"><num>(b)</num><content><p>providing examples or illustrations;</p></content></level><level class="para1" eId="section-159-4-c"><num>(c)</num><content><p>such other means as the Commissioners consider appropriate.</p></content></level></subsection><subsection eId="section-159-5"><num>(5)</num><content><p>It does not matter for the purposes of this section whether a person knows, or has reason to believe, that the arrangements fall within <ref href="#section-159-1">subsection (1)</ref>.</p></content></subsection></section><section eId="section-160"><num>160</num><heading>Meaning of promotion</heading><subsection eId="section-160-1"><num>(1)</num><intro><p>For the purposes of <ref href="#section-159">section 159</ref>, a person promotes arrangements if, in the course of a business or with a view to monetary gain, the person—</p></intro><level class="para1" eId="section-160-1-a"><num>(a)</num><content><p>communicates information with a view to encouraging another person to implement the arrangements or part of the arrangements,</p></content></level><level class="para1" eId="section-160-1-b"><num>(b)</num><content><p>makes the arrangements available for implementation by another person,</p></content></level><level class="para1" eId="section-160-1-c"><num>(c)</num><content><p>in circumstances where the arrangements have been implemented by another person, organises or manages any aspect of the arrangements, or</p></content></level><level class="para1" eId="section-160-1-d"><num>(d)</num><content><p>arranges (whether directly or indirectly) for another person or persons to take the steps above.</p></content></level></subsection><subsection eId="section-160-2"><num>(2)</num><intro><p>A person does not promote arrangements merely by—</p></intro><level class="para1" eId="section-160-2-a"><num>(a)</num><content><p>providing goods or services on commercial terms in circumstances where the person does not know, and could not reasonably be expected to know, that the goods or services are being procured or used for the purposes of arrangements falling within <ref href="#section-159">section 159</ref><ref href="#section-159-1">(1)</ref> (prohibition of promotion), or</p></content></level><level class="para1" eId="section-160-2-b"><num>(b)</num><content><p>providing legally privileged advice or legally privileged information.</p></content></level></subsection><subsection eId="section-160-3"><num>(3)</num><content><p>For the purposes of <ref href="#section-160-2">subsection (2)</ref><ref href="#section-160-2-b">(b)</ref>, advice or information is legally privileged if a claim to legal professional privilege, or (in Scotland) to confidentiality of communications as between client and professional legal adviser, could be maintained in respect of it in legal proceedings.</p></content></subsection></section><section eId="section-161"><num>161</num><heading>Procedure</heading><subsection eId="section-161-1"><num>(1)</num><content><p>Regulations under <ref href="#section-159">section 159</ref><ref href="#section-159-2">(2)</ref> are to be made by statutory instrument.</p></content></subsection><subsection eId="section-161-2"><num>(2)</num><content><p>A statutory instrument containing regulations under <ref href="#section-159">section 159</ref><ref href="#section-159-2">(2)</ref> must be laid before the House of Commons after being made.</p></content></subsection><subsection eId="section-161-3"><num>(3)</num><content><p>Regulations contained in a statutory instrument laid before the House of Commons under <ref href="#section-161-2">subsection (2)</ref> cease to have effect at the end of the period of 28 days beginning on the day on which the instrument is made unless, during that period, the instrument is approved by a resolution of the House of Commons.</p></content></subsection><subsection eId="section-161-4"><num>(4)</num><intro><p>In calculating the period of 28 days, no account is to be taken of any whole days that fall within a period during which—</p></intro><level class="para1" eId="section-161-4-a"><num>(a)</num><content><p>Parliament is dissolved or prorogued, or</p></content></level><level class="para1" eId="section-161-4-b"><num>(b)</num><content><p>the House of Commons is adjourned for more than four days.</p></content></level></subsection><subsection eId="section-161-5"><num>(5)</num><intro><p>If the regulations cease to have effect as a result of <ref href="#section-161-3">subsection (3)</ref>, that does not—</p></intro><level class="para1" eId="section-161-5-a"><num>(a)</num><content><p>affect the validity of anything previously done under the regulations, or</p></content></level><level class="para1" eId="section-161-5-b"><num>(b)</num><content><p>prevent the making of new regulations.</p></content></level></subsection></section></hcontainer>
<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-159"><num>159</num><heading>Prohibition of promotion of certain tax avoidance arrangements</heading><subsection eId="section-159-1"><num>(1)</num><intro><p>A person must not promote arrangements that—</p></intro><level class="para1" eId="section-159-1-a"><num>(a)</num><content><p>have been, or are likely to be, marketed as a means by which a person may seek a particular tax advantage if there is no realistic prospect that the arrangements will result in the tax advantage, or</p></content></level><level class="para1" eId="section-159-1-b"><num>(b)</num><content><p>are of a kind specified in regulations under subsection (2).</p></content></level></subsection><subsection eId="section-159-2"><num>(2)</num><intro><p>The Commissioners may by regulations specify arrangements that in the reasonable opinion of the Commissioners—</p></intro><level class="para1" eId="section-159-2-a"><num>(a)</num><content><p>have been, or are likely to be, marketed as a means by which a person may seek a particular tax advantage,</p></content></level><level class="para1" eId="section-159-2-b"><num>(b)</num><content><p>are unlikely to result in the tax advantage, and</p></content></level><level class="para1" eId="section-159-2-c"><num>(c)</num><content><p>are likely to cause harm to participants.</p></content></level></subsection><subsection eId="section-159-3"><num>(3)</num><intro><p>The following factors would, for example, indicate that arrangements are likely to cause harm to participants—</p></intro><level class="para1" eId="section-159-3-a"><num>(a)</num><content><p>a large number of participants;</p></content></level><level class="para1" eId="section-159-3-b"><num>(b)</num><content><p>participants that are not independently advised;</p></content></level><level class="para1" eId="section-159-3-c"><num>(c)</num><content><p>participants with otherwise straightforward tax affairs;</p></content></level><level class="para1" eId="section-159-3-d"><num>(d)</num><content><p>mass-marketing;</p></content></level><level class="para1" eId="section-159-3-e"><num>(e)</num><content><p>standardised implementation documents;</p></content></level><level class="para1" eId="section-159-3-f"><num>(f)</num><content><p>promoters that are unknown to, or not able to be contacted by, participants.</p></content></level></subsection><subsection eId="section-159-4"><num>(4)</num><intro><p>Regulations under subsection (2) may specify arrangements by—</p></intro><level class="para1" eId="section-159-4-a"><num>(a)</num><intro><p>describing—</p></intro><level class="para2" eId="section-159-4-a-i"><num>(i)</num><content><p>some or all of the steps to be taken by participants or other persons;</p></content></level><level class="para2" eId="section-159-4-a-ii"><num>(ii)</num><content><p>the tax advantage sought;</p></content></level><level class="para2" eId="section-159-4-a-iii"><num>(iii)</num><content><p>the marketing;</p></content></level><level class="para2" eId="section-159-4-a-iv"><num>(iv)</num><content><p>characteristics of participants;</p></content></level></level><level class="para1" eId="section-159-4-b"><num>(b)</num><content><p>providing examples or illustrations;</p></content></level><level class="para1" eId="section-159-4-c"><num>(c)</num><content><p>such other means as the Commissioners consider appropriate.</p></content></level></subsection><subsection eId="section-159-5"><num>(5)</num><content><p>It does not matter for the purposes of this section whether a person knows, or has reason to believe, that the arrangements fall within <ref href="#section-159-1">subsection (1)</ref>.</p></content></subsection></section>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-159-1"><num>(1)</num><intro><p>A person must not promote arrangements that—</p></intro><level class="para1" eId="section-159-1-a"><num>(a)</num><content><p>have been, or are likely to be, marketed as a means by which a person may seek a particular tax advantage if there is no realistic prospect that the arrangements will result in the tax advantage, or</p></content></level><level class="para1" eId="section-159-1-b"><num>(b)</num><content><p>are of a kind specified in regulations under subsection (2).</p></content></level></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-159-1-a"><num>(a)</num><content><p>have been, or are likely to be, marketed as a means by which a person may seek a particular tax advantage if there is no realistic prospect that the arrangements will result in the tax advantage, or</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-159-1-b"><num>(b)</num><content><p>are of a kind specified in regulations under subsection (2).</p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-159-2"><num>(2)</num><intro><p>The Commissioners may by regulations specify arrangements that in the reasonable opinion of the Commissioners—</p></intro><level class="para1" eId="section-159-2-a"><num>(a)</num><content><p>have been, or are likely to be, marketed as a means by which a person may seek a particular tax advantage,</p></content></level><level class="para1" eId="section-159-2-b"><num>(b)</num><content><p>are unlikely to result in the tax advantage, and</p></content></level><level class="para1" eId="section-159-2-c"><num>(c)</num><content><p>are likely to cause harm to participants.</p></content></level></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-159-2-a"><num>(a)</num><content><p>have been, or are likely to be, marketed as a means by which a person may seek a particular tax advantage,</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-159-2-b"><num>(b)</num><content><p>are unlikely to result in the tax advantage, and</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-159-2-c"><num>(c)</num><content><p>are likely to cause harm to participants.</p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-159-3"><num>(3)</num><intro><p>The following factors would, for example, indicate that arrangements are likely to cause harm to participants—</p></intro><level class="para1" eId="section-159-3-a"><num>(a)</num><content><p>a large number of participants;</p></content></level><level class="para1" eId="section-159-3-b"><num>(b)</num><content><p>participants that are not independently advised;</p></content></level><level class="para1" eId="section-159-3-c"><num>(c)</num><content><p>participants with otherwise straightforward tax affairs;</p></content></level><level class="para1" eId="section-159-3-d"><num>(d)</num><content><p>mass-marketing;</p></content></level><level class="para1" eId="section-159-3-e"><num>(e)</num><content><p>standardised implementation documents;</p></content></level><level class="para1" eId="section-159-3-f"><num>(f)</num><content><p>promoters that are unknown to, or not able to be contacted by, participants.</p></content></level></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-159-3-a"><num>(a)</num><content><p>a large number of participants;</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-159-3-b"><num>(b)</num><content><p>participants that are not independently advised;</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-159-3-c"><num>(c)</num><content><p>participants with otherwise straightforward tax affairs;</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-159-3-d"><num>(d)</num><content><p>mass-marketing;</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-159-3-e"><num>(e)</num><content><p>standardised implementation documents;</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-159-3-f"><num>(f)</num><content><p>promoters that are unknown to, or not able to be contacted by, participants.</p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-159-4"><num>(4)</num><intro><p>Regulations under subsection (2) may specify arrangements by—</p></intro><level class="para1" eId="section-159-4-a"><num>(a)</num><intro><p>describing—</p></intro><level class="para2" eId="section-159-4-a-i"><num>(i)</num><content><p>some or all of the steps to be taken by participants or other persons;</p></content></level><level class="para2" eId="section-159-4-a-ii"><num>(ii)</num><content><p>the tax advantage sought;</p></content></level><level class="para2" eId="section-159-4-a-iii"><num>(iii)</num><content><p>the marketing;</p></content></level><level class="para2" eId="section-159-4-a-iv"><num>(iv)</num><content><p>characteristics of participants;</p></content></level></level><level class="para1" eId="section-159-4-b"><num>(b)</num><content><p>providing examples or illustrations;</p></content></level><level class="para1" eId="section-159-4-c"><num>(c)</num><content><p>such other means as the Commissioners consider appropriate.</p></content></level></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-159-4-a"><num>(a)</num><intro><p>describing—</p></intro><level class="para2" eId="section-159-4-a-i"><num>(i)</num><content><p>some or all of the steps to be taken by participants or other persons;</p></content></level><level class="para2" eId="section-159-4-a-ii"><num>(ii)</num><content><p>the tax advantage sought;</p></content></level><level class="para2" eId="section-159-4-a-iii"><num>(iii)</num><content><p>the marketing;</p></content></level><level class="para2" eId="section-159-4-a-iv"><num>(iv)</num><content><p>characteristics of participants;</p></content></level></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para2" eId="section-159-4-a-i"><num>(i)</num><content><p>some or all of the steps to be taken by participants or other persons;</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para2" eId="section-159-4-a-ii"><num>(ii)</num><content><p>the tax advantage sought;</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para2" eId="section-159-4-a-iii"><num>(iii)</num><content><p>the marketing;</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para2" eId="section-159-4-a-iv"><num>(iv)</num><content><p>characteristics of participants;</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-159-4-b"><num>(b)</num><content><p>providing examples or illustrations;</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-159-4-c"><num>(c)</num><content><p>such other means as the Commissioners consider appropriate.</p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-159-5"><num>(5)</num><content><p>It does not matter for the purposes of this section whether a person knows, or has reason to believe, that the arrangements fall within <ref href="#section-159-1">subsection (1)</ref>.</p></content></subsection>
<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-160"><num>160</num><heading>Meaning of promotion</heading><subsection eId="section-160-1"><num>(1)</num><intro><p>For the purposes of <ref href="#section-159">section 159</ref>, a person promotes arrangements if, in the course of a business or with a view to monetary gain, the person—</p></intro><level class="para1" eId="section-160-1-a"><num>(a)</num><content><p>communicates information with a view to encouraging another person to implement the arrangements or part of the arrangements,</p></content></level><level class="para1" eId="section-160-1-b"><num>(b)</num><content><p>makes the arrangements available for implementation by another person,</p></content></level><level class="para1" eId="section-160-1-c"><num>(c)</num><content><p>in circumstances where the arrangements have been implemented by another person, organises or manages any aspect of the arrangements, or</p></content></level><level class="para1" eId="section-160-1-d"><num>(d)</num><content><p>arranges (whether directly or indirectly) for another person or persons to take the steps above.</p></content></level></subsection><subsection eId="section-160-2"><num>(2)</num><intro><p>A person does not promote arrangements merely by—</p></intro><level class="para1" eId="section-160-2-a"><num>(a)</num><content><p>providing goods or services on commercial terms in circumstances where the person does not know, and could not reasonably be expected to know, that the goods or services are being procured or used for the purposes of arrangements falling within <ref href="#section-159">section 159</ref><ref href="#section-159-1">(1)</ref> (prohibition of promotion), or</p></content></level><level class="para1" eId="section-160-2-b"><num>(b)</num><content><p>providing legally privileged advice or legally privileged information.</p></content></level></subsection><subsection eId="section-160-3"><num>(3)</num><content><p>For the purposes of <ref href="#section-160-2">subsection (2)</ref><ref href="#section-160-2-b">(b)</ref>, advice or information is legally privileged if a claim to legal professional privilege, or (in Scotland) to confidentiality of communications as between client and professional legal adviser, could be maintained in respect of it in legal proceedings.</p></content></subsection></section>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-160-1"><num>(1)</num><intro><p>For the purposes of <ref href="#section-159">section 159</ref>, a person promotes arrangements if, in the course of a business or with a view to monetary gain, the person—</p></intro><level class="para1" eId="section-160-1-a"><num>(a)</num><content><p>communicates information with a view to encouraging another person to implement the arrangements or part of the arrangements,</p></content></level><level class="para1" eId="section-160-1-b"><num>(b)</num><content><p>makes the arrangements available for implementation by another person,</p></content></level><level class="para1" eId="section-160-1-c"><num>(c)</num><content><p>in circumstances where the arrangements have been implemented by another person, organises or manages any aspect of the arrangements, or</p></content></level><level class="para1" eId="section-160-1-d"><num>(d)</num><content><p>arranges (whether directly or indirectly) for another person or persons to take the steps above.</p></content></level></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-160-1-a"><num>(a)</num><content><p>communicates information with a view to encouraging another person to implement the arrangements or part of the arrangements,</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-160-1-b"><num>(b)</num><content><p>makes the arrangements available for implementation by another person,</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-160-1-c"><num>(c)</num><content><p>in circumstances where the arrangements have been implemented by another person, organises or manages any aspect of the arrangements, or</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-160-1-d"><num>(d)</num><content><p>arranges (whether directly or indirectly) for another person or persons to take the steps above.</p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-160-2"><num>(2)</num><intro><p>A person does not promote arrangements merely by—</p></intro><level class="para1" eId="section-160-2-a"><num>(a)</num><content><p>providing goods or services on commercial terms in circumstances where the person does not know, and could not reasonably be expected to know, that the goods or services are being procured or used for the purposes of arrangements falling within <ref href="#section-159">section 159</ref><ref href="#section-159-1">(1)</ref> (prohibition of promotion), or</p></content></level><level class="para1" eId="section-160-2-b"><num>(b)</num><content><p>providing legally privileged advice or legally privileged information.</p></content></level></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-160-2-a"><num>(a)</num><content><p>providing goods or services on commercial terms in circumstances where the person does not know, and could not reasonably be expected to know, that the goods or services are being procured or used for the purposes of arrangements falling within <ref href="#section-159">section 159</ref><ref href="#section-159-1">(1)</ref> (prohibition of promotion), or</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-160-2-b"><num>(b)</num><content><p>providing legally privileged advice or legally privileged information.</p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-160-3"><num>(3)</num><content><p>For the purposes of <ref href="#section-160-2">subsection (2)</ref><ref href="#section-160-2-b">(b)</ref>, advice or information is legally privileged if a claim to legal professional privilege, or (in Scotland) to confidentiality of communications as between client and professional legal adviser, could be maintained in respect of it in legal proceedings.</p></content></subsection>
<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-161"><num>161</num><heading>Procedure</heading><subsection eId="section-161-1"><num>(1)</num><content><p>Regulations under <ref href="#section-159">section 159</ref><ref href="#section-159-2">(2)</ref> are to be made by statutory instrument.</p></content></subsection><subsection eId="section-161-2"><num>(2)</num><content><p>A statutory instrument containing regulations under <ref href="#section-159">section 159</ref><ref href="#section-159-2">(2)</ref> must be laid before the House of Commons after being made.</p></content></subsection><subsection eId="section-161-3"><num>(3)</num><content><p>Regulations contained in a statutory instrument laid before the House of Commons under <ref href="#section-161-2">subsection (2)</ref> cease to have effect at the end of the period of 28 days beginning on the day on which the instrument is made unless, during that period, the instrument is approved by a resolution of the House of Commons.</p></content></subsection><subsection eId="section-161-4"><num>(4)</num><intro><p>In calculating the period of 28 days, no account is to be taken of any whole days that fall within a period during which—</p></intro><level class="para1" eId="section-161-4-a"><num>(a)</num><content><p>Parliament is dissolved or prorogued, or</p></content></level><level class="para1" eId="section-161-4-b"><num>(b)</num><content><p>the House of Commons is adjourned for more than four days.</p></content></level></subsection><subsection eId="section-161-5"><num>(5)</num><intro><p>If the regulations cease to have effect as a result of <ref href="#section-161-3">subsection (3)</ref>, that does not—</p></intro><level class="para1" eId="section-161-5-a"><num>(a)</num><content><p>affect the validity of anything previously done under the regulations, or</p></content></level><level class="para1" eId="section-161-5-b"><num>(b)</num><content><p>prevent the making of new regulations.</p></content></level></subsection></section>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-161-1"><num>(1)</num><content><p>Regulations under <ref href="#section-159">section 159</ref><ref href="#section-159-2">(2)</ref> are to be made by statutory instrument.</p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-161-2"><num>(2)</num><content><p>A statutory instrument containing regulations under <ref href="#section-159">section 159</ref><ref href="#section-159-2">(2)</ref> must be laid before the House of Commons after being made.</p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-161-3"><num>(3)</num><content><p>Regulations contained in a statutory instrument laid before the House of Commons under <ref href="#section-161-2">subsection (2)</ref> cease to have effect at the end of the period of 28 days beginning on the day on which the instrument is made unless, during that period, the instrument is approved by a resolution of the House of Commons.</p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-161-4"><num>(4)</num><intro><p>In calculating the period of 28 days, no account is to be taken of any whole days that fall within a period during which—</p></intro><level class="para1" eId="section-161-4-a"><num>(a)</num><content><p>Parliament is dissolved or prorogued, or</p></content></level><level class="para1" eId="section-161-4-b"><num>(b)</num><content><p>the House of Commons is adjourned for more than four days.</p></content></level></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-161-4-a"><num>(a)</num><content><p>Parliament is dissolved or prorogued, or</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-161-4-b"><num>(b)</num><content><p>the House of Commons is adjourned for more than four days.</p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-161-5"><num>(5)</num><intro><p>If the regulations cease to have effect as a result of <ref href="#section-161-3">subsection (3)</ref>, that does not—</p></intro><level class="para1" eId="section-161-5-a"><num>(a)</num><content><p>affect the validity of anything previously done under the regulations, or</p></content></level><level class="para1" eId="section-161-5-b"><num>(b)</num><content><p>prevent the making of new regulations.</p></content></level></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-161-5-a"><num>(a)</num><content><p>affect the validity of anything previously done under the regulations, or</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-161-5-b"><num>(b)</num><content><p>prevent the making of new regulations.</p></content></level>
<hcontainer xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" name="crossheading" ukl:Name="Pblock" eId="part-6-chapter-1-crossheading-sanctions"><heading>Sanctions</heading><section eId="section-162"><num>162</num><heading>Civil penalties</heading><subsection eId="section-162-1"><num>(1)</num><content><p>A person who promotes arrangements in breach of <ref href="#section-159">section 159</ref><ref href="#section-159-1">(1)</ref> is liable to a penalty.</p></content></subsection><subsection eId="section-162-2"><num>(2)</num><intro><p>The maximum penalty under this section is the sum of—</p></intro><level class="para1" eId="section-162-2-a"><num>(a)</num><content><p>£1,000,000, and</p></content></level><level class="para1" eId="section-162-2-b"><num>(b)</num><content><p>£5,000 for each person who participated in the arrangements.</p></content></level></subsection><subsection eId="section-162-3"><num>(3)</num><intro><p>Before imposing a penalty under this section, an authorised officer of Revenue and Customs must—</p></intro><level class="para1" eId="section-162-3-a"><num>(a)</num><content><p>notify the person of the fact that the authorised officer considers subsection (1) to apply, and</p></content></level><level class="para1" eId="section-162-3-b"><num>(b)</num><content><p>allow the person 30 days from the date of notification to make representations to HMRC.</p></content></level></subsection><subsection eId="section-162-4"><num>(4)</num><intro><p>In imposing a penalty under this section, an authorised officer of Revenue and Customs must have regard to—</p></intro><level class="para1" eId="section-162-4-a"><num>(a)</num><content><p>the number of persons participating, or targeted to participate, in the arrangements,</p></content></level><level class="para1" eId="section-162-4-b"><num>(b)</num><content><p>the amount of tax that was likely at risk in connection with the arrangements,</p></content></level><level class="para1" eId="section-162-4-c"><num>(c)</num><content><p>whether and to what extent the person cooperated with HMRC, and</p></content></level><level class="para1" eId="section-162-4-d"><num>(d)</num><content><p>whether the wrongdoing was repeated, or continued over an extended period.</p></content></level></subsection><subsection eId="section-162-5"><num>(5)</num><content><p>A penalty imposed under this section is to be treated as a penalty determined under section 100(1) of TMA 1970.</p></content></subsection><subsection eId="section-162-6"><num>(6)</num><content><p>A penalty imposed under this section is to carry interest in accordance with section 101 of FA 2009.</p></content></subsection><subsection eId="section-162-7"><num>(7)</num><content><p>A person is not liable to a penalty under this section in respect of anything for which the person has been convicted of an offence.</p></content></subsection><subsection eId="section-162-8"><num>(8)</num><content><p><mod>In paragraph 5(6) of Schedule 13 to FA 2020 (joint and several liability of company directors etc) after paragraph (f) insert—<quotedStructure startQuote="“" endQuote="”" uk:context="schedule" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="schedule" ukl:Format="double"><level class="para1"><num>(g)</num><content><p><ref href="#section-162">section 162</ref> of FA 2026 (prohibition of promotion of certain tax avoidance arrangements: penalties).</p></content></level></quotedStructure></mod></p></content></subsection></section><section eId="section-163"><num>163</num><heading>Criminal offence</heading><subsection eId="section-163-1"><num>(1)</num><content><p>A person who promotes arrangements in breach of <ref href="#section-159">section 159</ref><ref href="#section-159-1">(1)</ref> commits an offence.</p></content></subsection><subsection eId="section-163-2"><num>(2)</num><intro><p>A person who commits an offence under this section is liable—</p></intro><level class="para1" eId="section-163-2-a"><num>(a)</num><intro><p>on summary conviction, to—</p></intro><level class="para2" eId="section-163-2-a-i"><num>(i)</num><content><p>in England and Wales, a fine, or</p></content></level><level class="para2" eId="section-163-2-a-ii"><num>(ii)</num><content><p>in Scotland or Northern Ireland, a fine not exceeding the statutory maximum, or</p></content></level></level><level class="para1" eId="section-163-2-b"><num>(b)</num><content><p>on conviction on indictment, to imprisonment for a term not exceeding two years or to a fine or both.</p></content></level></subsection></section><section eId="section-164"><num>164</num><heading>Criminal liability of responsible persons</heading><subsection eId="section-164-1"><num>(1)</num><intro><p>If an offence under <ref href="#section-163">section 163</ref> is committed by a body corporate or a partnership and—</p></intro><level class="para1" eId="section-164-1-a"><num>(a)</num><content><p>is committed with the consent or connivance of a responsible person, or</p></content></level><level class="para1" eId="section-164-1-b"><num>(b)</num><content><p>is attributable to the neglect of a responsible person,</p></content></level><wrapUp><p>the responsible person commits the offence (as well as the body or partnership).</p></wrapUp></subsection><subsection eId="section-164-2"><num>(2)</num><intro><p>A “<term refersTo="#term-responsible-person" eId="term-responsible-person">responsible person</term>” means—</p></intro><level class="para1" eId="section-164-2-a"><num>(a)</num><intro><p>in relation to a body corporate other than one whose affairs are managed by its members—</p></intro><level class="para2" eId="section-164-2-a-i"><num>(i)</num><content><p>a director, manager, secretary or other similar officer of the body, or a person purporting to act in such a capacity, or</p></content></level><level class="para2" eId="section-164-2-a-ii"><num>(ii)</num><content><p>a shadow director within the meaning given in <ref eId="c00192" href="https://www.legislation.gov.uk/ukpga/2006/46/section/251">section 251</ref> of the <ref eId="c00193" href="https://www.legislation.gov.uk/ukpga/2006/46/contents">Companies Act 2006</ref>;</p></content></level></level><level class="para1" eId="section-164-2-b"><num>(b)</num><intro><p>in relation to a limited liability partnership or other body corporate whose affairs are managed by its members—</p></intro><level class="para2" eId="section-164-2-b-i"><num>(i)</num><content><p>a member exercising management functions, or purporting to do so, or</p></content></level><level class="para2" eId="section-164-2-b-ii"><num>(ii)</num><content><p>in the case of a limited liability partnership, a shadow member;</p></content></level></level><level class="para1" eId="section-164-2-c"><num>(c)</num><content><p>in relation to a partnership, a partner or a person purporting to act in that capacity.</p></content></level></subsection><subsection eId="section-164-3"><num>(3)</num><content><p>In <ref href="#section-164">this section</ref>, a “<term refersTo="#term-shadow-member" eId="term-shadow-member">shadow member</term>” means a person in accordance with whose directions or instructions the members of the limited liability partnership are accustomed to act, save that a person is not a shadow member by reason only of the fact that the members act on advice given by that person in a professional capacity.</p></content></subsection></section></hcontainer>
<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="section-162"><num>162</num><heading>Civil penalties</heading><subsection eId="section-162-1"><num>(1)</num><content><p>A person who promotes arrangements in breach of <ref href="#section-159">section 159</ref><ref href="#section-159-1">(1)</ref> is liable to a penalty.</p></content></subsection><subsection eId="section-162-2"><num>(2)</num><intro><p>The maximum penalty under this section is the sum of—</p></intro><level class="para1" eId="section-162-2-a"><num>(a)</num><content><p>£1,000,000, and</p></content></level><level class="para1" eId="section-162-2-b"><num>(b)</num><content><p>£5,000 for each person who participated in the arrangements.</p></content></level></subsection><subsection eId="section-162-3"><num>(3)</num><intro><p>Before imposing a penalty under this section, an authorised officer of Revenue and Customs must—</p></intro><level class="para1" eId="section-162-3-a"><num>(a)</num><content><p>notify the person of the fact that the authorised officer considers subsection (1) to apply, and</p></content></level><level class="para1" eId="section-162-3-b"><num>(b)</num><content><p>allow the person 30 days from the date of notification to make representations to HMRC.</p></content></level></subsection><subsection eId="section-162-4"><num>(4)</num><intro><p>In imposing a penalty under this section, an authorised officer of Revenue and Customs must have regard to—</p></intro><level class="para1" eId="section-162-4-a"><num>(a)</num><content><p>the number of persons participating, or targeted to participate, in the arrangements,</p></content></level><level class="para1" eId="section-162-4-b"><num>(b)</num><content><p>the amount of tax that was likely at risk in connection with the arrangements,</p></content></level><level class="para1" eId="section-162-4-c"><num>(c)</num><content><p>whether and to what extent the person cooperated with HMRC, and</p></content></level><level class="para1" eId="section-162-4-d"><num>(d)</num><content><p>whether the wrongdoing was repeated, or continued over an extended period.</p></content></level></subsection><subsection eId="section-162-5"><num>(5)</num><content><p>A penalty imposed under this section is to be treated as a penalty determined under section 100(1) of TMA 1970.</p></content></subsection><subsection eId="section-162-6"><num>(6)</num><content><p>A penalty imposed under this section is to carry interest in accordance with section 101 of FA 2009.</p></content></subsection><subsection eId="section-162-7"><num>(7)</num><content><p>A person is not liable to a penalty under this section in respect of anything for which the person has been convicted of an offence.</p></content></subsection><subsection eId="section-162-8"><num>(8)</num><content><p><mod>In paragraph 5(6) of Schedule 13 to FA 2020 (joint and several liability of company directors etc) after paragraph (f) insert—<quotedStructure startQuote="“" endQuote="”" uk:context="schedule" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="schedule" ukl:Format="double"><level class="para1"><num>(g)</num><content><p><ref href="#section-162">section 162</ref> of FA 2026 (prohibition of promotion of certain tax avoidance arrangements: penalties).</p></content></level></quotedStructure></mod></p></content></subsection></section>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-162-1"><num>(1)</num><content><p>A person who promotes arrangements in breach of <ref href="#section-159">section 159</ref><ref href="#section-159-1">(1)</ref> is liable to a penalty.</p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-162-2"><num>(2)</num><intro><p>The maximum penalty under this section is the sum of—</p></intro><level class="para1" eId="section-162-2-a"><num>(a)</num><content><p>£1,000,000, and</p></content></level><level class="para1" eId="section-162-2-b"><num>(b)</num><content><p>£5,000 for each person who participated in the arrangements.</p></content></level></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-162-2-a"><num>(a)</num><content><p>£1,000,000, and</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-162-2-b"><num>(b)</num><content><p>£5,000 for each person who participated in the arrangements.</p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-162-3"><num>(3)</num><intro><p>Before imposing a penalty under this section, an authorised officer of Revenue and Customs must—</p></intro><level class="para1" eId="section-162-3-a"><num>(a)</num><content><p>notify the person of the fact that the authorised officer considers subsection (1) to apply, and</p></content></level><level class="para1" eId="section-162-3-b"><num>(b)</num><content><p>allow the person 30 days from the date of notification to make representations to HMRC.</p></content></level></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-162-3-a"><num>(a)</num><content><p>notify the person of the fact that the authorised officer considers subsection (1) to apply, and</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-162-3-b"><num>(b)</num><content><p>allow the person 30 days from the date of notification to make representations to HMRC.</p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-162-4"><num>(4)</num><intro><p>In imposing a penalty under this section, an authorised officer of Revenue and Customs must have regard to—</p></intro><level class="para1" eId="section-162-4-a"><num>(a)</num><content><p>the number of persons participating, or targeted to participate, in the arrangements,</p></content></level><level class="para1" eId="section-162-4-b"><num>(b)</num><content><p>the amount of tax that was likely at risk in connection with the arrangements,</p></content></level><level class="para1" eId="section-162-4-c"><num>(c)</num><content><p>whether and to what extent the person cooperated with HMRC, and</p></content></level><level class="para1" eId="section-162-4-d"><num>(d)</num><content><p>whether the wrongdoing was repeated, or continued over an extended period.</p></content></level></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-162-4-a"><num>(a)</num><content><p>the number of persons participating, or targeted to participate, in the arrangements,</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-162-4-b"><num>(b)</num><content><p>the amount of tax that was likely at risk in connection with the arrangements,</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-162-4-c"><num>(c)</num><content><p>whether and to what extent the person cooperated with HMRC, and</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-162-4-d"><num>(d)</num><content><p>whether the wrongdoing was repeated, or continued over an extended period.</p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-162-5"><num>(5)</num><content><p>A penalty imposed under this section is to be treated as a penalty determined under section 100(1) of TMA 1970.</p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-162-6"><num>(6)</num><content><p>A penalty imposed under this section is to carry interest in accordance with section 101 of FA 2009.</p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-162-7"><num>(7)</num><content><p>A person is not liable to a penalty under this section in respect of anything for which the person has been convicted of an offence.</p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="section-162-8"><num>(8)</num><content><p><mod>In paragraph 5(6) of Schedule 13 to FA 2020 (joint and several liability of company directors etc) after paragraph (f) insert—<quotedStructure startQuote="“" endQuote="”" uk:context="schedule" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="schedule" ukl:Format="double"><level class="para1"><num>(g)</num><content><p><ref href="#section-162">section 162</ref> of FA 2026 (prohibition of promotion of certain tax avoidance arrangements: penalties).</p></content></level></quotedStructure></mod></p></content></subsection>
<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-163"><num>163</num><heading>Criminal offence</heading><subsection eId="section-163-1"><num>(1)</num><content><p>A person who promotes arrangements in breach of <ref href="#section-159">section 159</ref><ref href="#section-159-1">(1)</ref> commits an offence.</p></content></subsection><subsection eId="section-163-2"><num>(2)</num><intro><p>A person who commits an offence under this section is liable—</p></intro><level class="para1" eId="section-163-2-a"><num>(a)</num><intro><p>on summary conviction, to—</p></intro><level class="para2" eId="section-163-2-a-i"><num>(i)</num><content><p>in England and Wales, a fine, or</p></content></level><level class="para2" eId="section-163-2-a-ii"><num>(ii)</num><content><p>in Scotland or Northern Ireland, a fine not exceeding the statutory maximum, or</p></content></level></level><level class="para1" eId="section-163-2-b"><num>(b)</num><content><p>on conviction on indictment, to imprisonment for a term not exceeding two years or to a fine or both.</p></content></level></subsection></section>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-163-1"><num>(1)</num><content><p>A person who promotes arrangements in breach of <ref href="#section-159">section 159</ref><ref href="#section-159-1">(1)</ref> commits an offence.</p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-163-2"><num>(2)</num><intro><p>A person who commits an offence under this section is liable—</p></intro><level class="para1" eId="section-163-2-a"><num>(a)</num><intro><p>on summary conviction, to—</p></intro><level class="para2" eId="section-163-2-a-i"><num>(i)</num><content><p>in England and Wales, a fine, or</p></content></level><level class="para2" eId="section-163-2-a-ii"><num>(ii)</num><content><p>in Scotland or Northern Ireland, a fine not exceeding the statutory maximum, or</p></content></level></level><level class="para1" eId="section-163-2-b"><num>(b)</num><content><p>on conviction on indictment, to imprisonment for a term not exceeding two years or to a fine or both.</p></content></level></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-163-2-a"><num>(a)</num><intro><p>on summary conviction, to—</p></intro><level class="para2" eId="section-163-2-a-i"><num>(i)</num><content><p>in England and Wales, a fine, or</p></content></level><level class="para2" eId="section-163-2-a-ii"><num>(ii)</num><content><p>in Scotland or Northern Ireland, a fine not exceeding the statutory maximum, or</p></content></level></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para2" eId="section-163-2-a-i"><num>(i)</num><content><p>in England and Wales, a fine, or</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para2" eId="section-163-2-a-ii"><num>(ii)</num><content><p>in Scotland or Northern Ireland, a fine not exceeding the statutory maximum, or</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-163-2-b"><num>(b)</num><content><p>on conviction on indictment, to imprisonment for a term not exceeding two years or to a fine or both.</p></content></level>
<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-164"><num>164</num><heading>Criminal liability of responsible persons</heading><subsection eId="section-164-1"><num>(1)</num><intro><p>If an offence under <ref href="#section-163">section 163</ref> is committed by a body corporate or a partnership and—</p></intro><level class="para1" eId="section-164-1-a"><num>(a)</num><content><p>is committed with the consent or connivance of a responsible person, or</p></content></level><level class="para1" eId="section-164-1-b"><num>(b)</num><content><p>is attributable to the neglect of a responsible person,</p></content></level><wrapUp><p>the responsible person commits the offence (as well as the body or partnership).</p></wrapUp></subsection><subsection eId="section-164-2"><num>(2)</num><intro><p>A “<term refersTo="#term-responsible-person" eId="term-responsible-person">responsible person</term>” means—</p></intro><level class="para1" eId="section-164-2-a"><num>(a)</num><intro><p>in relation to a body corporate other than one whose affairs are managed by its members—</p></intro><level class="para2" eId="section-164-2-a-i"><num>(i)</num><content><p>a director, manager, secretary or other similar officer of the body, or a person purporting to act in such a capacity, or</p></content></level><level class="para2" eId="section-164-2-a-ii"><num>(ii)</num><content><p>a shadow director within the meaning given in <ref eId="c00192" href="https://www.legislation.gov.uk/ukpga/2006/46/section/251">section 251</ref> of the <ref eId="c00193" href="https://www.legislation.gov.uk/ukpga/2006/46/contents">Companies Act 2006</ref>;</p></content></level></level><level class="para1" eId="section-164-2-b"><num>(b)</num><intro><p>in relation to a limited liability partnership or other body corporate whose affairs are managed by its members—</p></intro><level class="para2" eId="section-164-2-b-i"><num>(i)</num><content><p>a member exercising management functions, or purporting to do so, or</p></content></level><level class="para2" eId="section-164-2-b-ii"><num>(ii)</num><content><p>in the case of a limited liability partnership, a shadow member;</p></content></level></level><level class="para1" eId="section-164-2-c"><num>(c)</num><content><p>in relation to a partnership, a partner or a person purporting to act in that capacity.</p></content></level></subsection><subsection eId="section-164-3"><num>(3)</num><content><p>In <ref href="#section-164">this section</ref>, a “<term refersTo="#term-shadow-member" eId="term-shadow-member">shadow member</term>” means a person in accordance with whose directions or instructions the members of the limited liability partnership are accustomed to act, save that a person is not a shadow member by reason only of the fact that the members act on advice given by that person in a professional capacity.</p></content></subsection></section>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-164-1"><num>(1)</num><intro><p>If an offence under <ref href="#section-163">section 163</ref> is committed by a body corporate or a partnership and—</p></intro><level class="para1" eId="section-164-1-a"><num>(a)</num><content><p>is committed with the consent or connivance of a responsible person, or</p></content></level><level class="para1" eId="section-164-1-b"><num>(b)</num><content><p>is attributable to the neglect of a responsible person,</p></content></level><wrapUp><p>the responsible person commits the offence (as well as the body or partnership).</p></wrapUp></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-164-1-a"><num>(a)</num><content><p>is committed with the consent or connivance of a responsible person, or</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-164-1-b"><num>(b)</num><content><p>is attributable to the neglect of a responsible person,</p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-164-2"><num>(2)</num><intro><p>A “<term refersTo="#term-responsible-person" eId="term-responsible-person">responsible person</term>” means—</p></intro><level class="para1" eId="section-164-2-a"><num>(a)</num><intro><p>in relation to a body corporate other than one whose affairs are managed by its members—</p></intro><level class="para2" eId="section-164-2-a-i"><num>(i)</num><content><p>a director, manager, secretary or other similar officer of the body, or a person purporting to act in such a capacity, or</p></content></level><level class="para2" eId="section-164-2-a-ii"><num>(ii)</num><content><p>a shadow director within the meaning given in <ref eId="c00192" href="https://www.legislation.gov.uk/ukpga/2006/46/section/251">section 251</ref> of the <ref eId="c00193" href="https://www.legislation.gov.uk/ukpga/2006/46/contents">Companies Act 2006</ref>;</p></content></level></level><level class="para1" eId="section-164-2-b"><num>(b)</num><intro><p>in relation to a limited liability partnership or other body corporate whose affairs are managed by its members—</p></intro><level class="para2" eId="section-164-2-b-i"><num>(i)</num><content><p>a member exercising management functions, or purporting to do so, or</p></content></level><level class="para2" eId="section-164-2-b-ii"><num>(ii)</num><content><p>in the case of a limited liability partnership, a shadow member;</p></content></level></level><level class="para1" eId="section-164-2-c"><num>(c)</num><content><p>in relation to a partnership, a partner or a person purporting to act in that capacity.</p></content></level></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-164-2-a"><num>(a)</num><intro><p>in relation to a body corporate other than one whose affairs are managed by its members—</p></intro><level class="para2" eId="section-164-2-a-i"><num>(i)</num><content><p>a director, manager, secretary or other similar officer of the body, or a person purporting to act in such a capacity, or</p></content></level><level class="para2" eId="section-164-2-a-ii"><num>(ii)</num><content><p>a shadow director within the meaning given in <ref eId="c00192" href="https://www.legislation.gov.uk/ukpga/2006/46/section/251">section 251</ref> of the <ref eId="c00193" href="https://www.legislation.gov.uk/ukpga/2006/46/contents">Companies Act 2006</ref>;</p></content></level></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para2" eId="section-164-2-a-i"><num>(i)</num><content><p>a director, manager, secretary or other similar officer of the body, or a person purporting to act in such a capacity, or</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para2" eId="section-164-2-a-ii"><num>(ii)</num><content><p>a shadow director within the meaning given in <ref eId="c00192" href="https://www.legislation.gov.uk/ukpga/2006/46/section/251">section 251</ref> of the <ref eId="c00193" href="https://www.legislation.gov.uk/ukpga/2006/46/contents">Companies Act 2006</ref>;</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-164-2-b"><num>(b)</num><intro><p>in relation to a limited liability partnership or other body corporate whose affairs are managed by its members—</p></intro><level class="para2" eId="section-164-2-b-i"><num>(i)</num><content><p>a member exercising management functions, or purporting to do so, or</p></content></level><level class="para2" eId="section-164-2-b-ii"><num>(ii)</num><content><p>in the case of a limited liability partnership, a shadow member;</p></content></level></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para2" eId="section-164-2-b-i"><num>(i)</num><content><p>a member exercising management functions, or purporting to do so, or</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para2" eId="section-164-2-b-ii"><num>(ii)</num><content><p>in the case of a limited liability partnership, a shadow member;</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-164-2-c"><num>(c)</num><content><p>in relation to a partnership, a partner or a person purporting to act in that capacity.</p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-164-3"><num>(3)</num><content><p>In <ref href="#section-164">this section</ref>, a “<term refersTo="#term-shadow-member" eId="term-shadow-member">shadow member</term>” means a person in accordance with whose directions or instructions the members of the limited liability partnership are accustomed to act, save that a person is not a shadow member by reason only of the fact that the members act on advice given by that person in a professional capacity.</p></content></subsection>
<hcontainer xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" name="crossheading" ukl:Name="Pblock" eId="part-6-chapter-1-crossheading-general"><heading>General</heading><section eId="section-165"><num>165</num><heading>Interpretation and commencement</heading><subsection eId="section-165-1"><num>(1)</num><intro><p>In this Chapter—</p></intro><hcontainer name="definition"><content><p>“<term refersTo="#term-arrangements" eId="term-arrangements">arrangements</term>” includes any agreement, scheme, arrangement or understanding of any kind whether or not legally enforceable involving one or more transactions, and includes a proposal for arrangements;</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-authorised-officer-of-revenue-and-customs" eId="term-authorised-officer-of-revenue-and-customs">authorised officer of Revenue and Customs</term>” means an officer of Revenue and Customs who is, or is a member of a class of officers who are, authorised by the Commissioners for the purpose of this Chapter;</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-commissioners" eId="term-commissioners">Commissioners</term>” means the Commissioners for His Majesty’s Revenue and Customs;</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-hmrc" eId="term-hmrc">HMRC</term>” means His Majesty’s Revenue and Customs;</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-promotion" eId="term-promotion">promotion</term>” has the meaning given in <ref href="#section-160">section 160</ref>;</p></content></hcontainer><hcontainer name="definition"><intro><p>“<term refersTo="#term-tax-advantage" eId="term-tax-advantage">tax advantage</term>” includes—</p></intro><level class="para1"><num>(a)</num><content><p>relief or increased relief from tax,</p></content></level><level class="para1"><num>(b)</num><content><p>repayment or increased repayment from tax,</p></content></level><level class="para1"><num>(c)</num><content><p>avoidance or reduction of a charge to tax or an assessment to tax,</p></content></level><level class="para1"><num>(d)</num><content><p>avoidance of a possible assessment to tax,</p></content></level><level class="para1"><num>(e)</num><content><p>deferral of a payment of tax or advancement of a repayment of tax, and</p></content></level><level class="para1"><num>(f)</num><content><p>avoidance of an obligation to deduct or account for tax.</p></content></level></hcontainer></subsection><subsection eId="section-165-2"><num>(2)</num><content><p><ref href="#section-159">Section 159</ref><ref href="#section-159-1">(1)</ref> comes into force two months after the day on which this Act is passed.</p></content></subsection></section></hcontainer>
<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-165"><num>165</num><heading>Interpretation and commencement</heading><subsection eId="section-165-1"><num>(1)</num><intro><p>In this Chapter—</p></intro><hcontainer name="definition"><content><p>“<term refersTo="#term-arrangements" eId="term-arrangements">arrangements</term>” includes any agreement, scheme, arrangement or understanding of any kind whether or not legally enforceable involving one or more transactions, and includes a proposal for arrangements;</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-authorised-officer-of-revenue-and-customs" eId="term-authorised-officer-of-revenue-and-customs">authorised officer of Revenue and Customs</term>” means an officer of Revenue and Customs who is, or is a member of a class of officers who are, authorised by the Commissioners for the purpose of this Chapter;</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-commissioners" eId="term-commissioners">Commissioners</term>” means the Commissioners for His Majesty’s Revenue and Customs;</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-hmrc" eId="term-hmrc">HMRC</term>” means His Majesty’s Revenue and Customs;</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-promotion" eId="term-promotion">promotion</term>” has the meaning given in <ref href="#section-160">section 160</ref>;</p></content></hcontainer><hcontainer name="definition"><intro><p>“<term refersTo="#term-tax-advantage" eId="term-tax-advantage">tax advantage</term>” includes—</p></intro><level class="para1"><num>(a)</num><content><p>relief or increased relief from tax,</p></content></level><level class="para1"><num>(b)</num><content><p>repayment or increased repayment from tax,</p></content></level><level class="para1"><num>(c)</num><content><p>avoidance or reduction of a charge to tax or an assessment to tax,</p></content></level><level class="para1"><num>(d)</num><content><p>avoidance of a possible assessment to tax,</p></content></level><level class="para1"><num>(e)</num><content><p>deferral of a payment of tax or advancement of a repayment of tax, and</p></content></level><level class="para1"><num>(f)</num><content><p>avoidance of an obligation to deduct or account for tax.</p></content></level></hcontainer></subsection><subsection eId="section-165-2"><num>(2)</num><content><p><ref href="#section-159">Section 159</ref><ref href="#section-159-1">(1)</ref> comes into force two months after the day on which this Act is passed.</p></content></subsection></section>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-165-1"><num>(1)</num><intro><p>In this Chapter—</p></intro><hcontainer name="definition"><content><p>“<term refersTo="#term-arrangements" eId="term-arrangements">arrangements</term>” includes any agreement, scheme, arrangement or understanding of any kind whether or not legally enforceable involving one or more transactions, and includes a proposal for arrangements;</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-authorised-officer-of-revenue-and-customs" eId="term-authorised-officer-of-revenue-and-customs">authorised officer of Revenue and Customs</term>” means an officer of Revenue and Customs who is, or is a member of a class of officers who are, authorised by the Commissioners for the purpose of this Chapter;</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-commissioners" eId="term-commissioners">Commissioners</term>” means the Commissioners for His Majesty’s Revenue and Customs;</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-hmrc" eId="term-hmrc">HMRC</term>” means His Majesty’s Revenue and Customs;</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-promotion" eId="term-promotion">promotion</term>” has the meaning given in <ref href="#section-160">section 160</ref>;</p></content></hcontainer><hcontainer name="definition"><intro><p>“<term refersTo="#term-tax-advantage" eId="term-tax-advantage">tax advantage</term>” includes—</p></intro><level class="para1"><num>(a)</num><content><p>relief or increased relief from tax,</p></content></level><level class="para1"><num>(b)</num><content><p>repayment or increased repayment from tax,</p></content></level><level class="para1"><num>(c)</num><content><p>avoidance or reduction of a charge to tax or an assessment to tax,</p></content></level><level class="para1"><num>(d)</num><content><p>avoidance of a possible assessment to tax,</p></content></level><level class="para1"><num>(e)</num><content><p>deferral of a payment of tax or advancement of a repayment of tax, and</p></content></level><level class="para1"><num>(f)</num><content><p>avoidance of an obligation to deduct or account for tax.</p></content></level></hcontainer></subsection>
<hcontainer xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" name="definition"><content><p>“<term refersTo="#term-arrangements" eId="term-arrangements">arrangements</term>” includes any agreement, scheme, arrangement or understanding of any kind whether or not legally enforceable involving one or more transactions, and includes a proposal for arrangements;</p></content></hcontainer>
<hcontainer xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" name="definition"><content><p>“<term refersTo="#term-promotion" eId="term-promotion">promotion</term>” has the meaning it has in <ref eId="c00197" href="https://www.legislation.gov.uk/ukpga/2014/26/section/236B">section 236B</ref><ref eId="c00198" href="https://www.legislation.gov.uk/ukpga/2014/26/section/236B">(1)</ref> of <ref eId="c00199" href="https://www.legislation.gov.uk/ukpga/2014/26/contents">FA 2014</ref> (effect of stop notices) or <ref href="#section-159">section 159</ref> (prohibition of promotion of certain tax avoidance arrangements) (as the context requires).</p></content></hcontainer>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-165-2"><num>(2)</num><content><p><ref href="#section-159">Section 159</ref><ref href="#section-159-1">(1)</ref> comes into force two months after the day on which this Act is passed.</p></content></subsection>
<chapter xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" eId="part-6-chapter-2"><num>Chapter 2</num><heading>Promoter action notices</heading><hcontainer name="crossheading" ukl:Name="Pblock" eId="part-6-chapter-2-crossheading-promoter-action-notices"><heading>Promoter action notices</heading><section eId="section-166"><num>166</num><heading>Certification of promoters</heading><subsection eId="section-166-1"><num>(1)</num><intro><p>An authorised officer of Revenue and Customs may, for the purposes of this Chapter, certify that a person is promoting arrangements—</p></intro><level class="para1" eId="section-166-1-a"><num>(a)</num><content><p>in breach of section 236B of FA 2014 (effect of stop notices), or</p></content></level><level class="para1" eId="section-166-1-b"><num>(b)</num><content><p>in breach of <ref href="#section-159">section 159</ref><ref href="#section-159-1">(1)</ref> (prohibition of promotion of certain tax avoidance arrangements).</p></content></level></subsection><subsection eId="section-166-2"><num>(2)</num><intro><p>A certification under <ref href="#section-166-1">subsection (1)</ref> must be in writing and include the following—</p></intro><level class="para1" eId="section-166-2-a"><num>(a)</num><content><p>the name of the person,</p></content></level><level class="para1" eId="section-166-2-b"><num>(b)</num><intro><p>a statement to the effect that—</p></intro><level class="para2" eId="section-166-2-b-i"><num>(i)</num><content><p>an authorised officer of Revenue and Customs has certified that the person is promoting arrangements as described in <ref href="#section-166-1">subsection (1)</ref><ref href="#section-166-1-a">(a)</ref> or <ref href="#section-166-1-b">(b)</ref>, and</p></content></level><level class="para2" eId="section-166-2-b-ii"><num>(ii)</num><content><p>accordingly, the person is a certified promoter for the purposes of this Chapter,</p></content></level></level><level class="para1" eId="section-166-2-c"><num>(c)</num><content><p>a summary of the officer’s reasons for coming to the conclusion certified, including a description of the arrangements and promotion, and</p></content></level><level class="para1" eId="section-166-2-d"><num>(d)</num><content><p>information about how the person may make representations to HMRC (see <ref href="#section-166-4">subsection (4)</ref><ref href="#section-166-4-b">(b)</ref>).</p></content></level></subsection><subsection eId="section-166-3"><num>(3)</num><content><p>For the purposes of this Chapter, a “<term refersTo="#term-certified-promoter" eId="term-certified-promoter">certified promoter</term>” means a person certified under this section.</p></content></subsection><subsection eId="section-166-4"><num>(4)</num><intro><p>Before issuing a notice under section <ref href="#section-167">167</ref> (promoter action notice) in respect of a certified promoter, an authorised officer of Revenue and Customs must—</p></intro><level class="para1" eId="section-166-4-a"><num>(a)</num><content><p>provide the certified promoter with a copy of the certification, and</p></content></level><level class="para1" eId="section-166-4-b"><num>(b)</num><content><p>allow the certified promoter 30 days from the date of provision to make representations to HMRC.</p></content></level></subsection></section><section eId="section-167"><num>167</num><heading>Promoter action notices</heading><subsection eId="section-167-1"><num>(1)</num><intro><p>An authorised officer of Revenue and Customs may issue a notice to a person if the officer reasonably suspects that—</p></intro><level class="para1" eId="section-167-1-a"><num>(a)</num><content><p>the person (the “recipient”) is providing goods or services to a certified promoter (the “target”), and</p></content></level><level class="para1" eId="section-167-1-b"><num>(b)</num><content><p>the goods or services are being procured or used wholly or partly in connection with the promotion of arrangements in respect of which the target is certified.</p></content></level></subsection><subsection eId="section-167-2"><num>(2)</num><content><p>For the purposes of <ref href="#part-6-chapter-2">this Chapter</ref>, a “<term refersTo="#term-promoter-action-notice" eId="term-promoter-action-notice">promoter action notice</term>” means a notice issued under <ref href="#section-167-1">subsection (1)</ref>.</p></content></subsection><subsection eId="section-167-3"><num>(3)</num><intro><p>A promoter action notice may, for the purpose of impeding the target’s promotion of the arrangements, require the recipient of the notice to—</p></intro><level class="para1" eId="section-167-3-a"><num>(a)</num><content><p>stop providing some or all of the goods or services,</p></content></level><level class="para1" eId="section-167-3-b"><num>(b)</num><content><p>provide the goods or services subject to specified conditions, or</p></content></level><level class="para1" eId="section-167-3-c"><num>(c)</num><content><p>take specified steps in relation to the provision of the goods or services.</p></content></level></subsection><subsection eId="section-167-4"><num>(4)</num><intro><p>A promoter action notice must identify the target and specify—</p></intro><level class="para1" eId="section-167-4-a"><num>(a)</num><content><p>the goods or services in respect of which it is issued,</p></content></level><level class="para1" eId="section-167-4-b"><num>(b)</num><content><p>the requirements applicable under <ref href="#section-167-3">subsection (3)</ref>, and</p></content></level><level class="para1" eId="section-167-4-c"><num>(c)</num><content><p>the time by which the recipient must comply with the requirements under <ref href="#section-167-3">subsection (3)</ref>.</p></content></level></subsection><subsection eId="section-167-5"><num>(5)</num><intro><p>A time specified under <ref href="#section-167-4">subsection (4)</ref><ref href="#section-167-4-c">(c)</ref>—</p></intro><level class="para1" eId="section-167-5-a"><num>(a)</num><intro><p>must be the end of—</p></intro><level class="para2" eId="section-167-5-a-i"><num>(i)</num><content><p>the period of 30 days beginning with the day on which the notice is issued, or</p></content></level><level class="para2" eId="section-167-5-a-ii"><num>(ii)</num><content><p>such longer period as an authorised officer of Revenue and Customs considers appropriate, and</p></content></level></level><level class="para1" eId="section-167-5-b"><num>(b)</num><content><p>takes precedence over any statutory or regulatory requirement to provide a period of notice before terminating or modifying a contract.</p></content></level></subsection><subsection eId="section-167-6"><num>(6)</num><intro><p>A promoter action notice may not—</p></intro><level class="para1" eId="section-167-6-a"><num>(a)</num><content><p>require the recipient to monitor or assess whether or how particular goods or services are being procured or used in connection with the promotion or arrangements,</p></content></level><level class="para1" eId="section-167-6-b"><num>(b)</num><content><p>restrict the provision of services that provide access to the internet, or</p></content></level><level class="para1" eId="section-167-6-c"><num>(c)</num><content><p>restrict the provision of legal or auditing services.</p></content></level></subsection><subsection eId="section-167-7"><num>(7)</num><content><p>An authorised officer of Revenue and Customs may withdraw a promoter action notice.</p></content></subsection><subsection eId="section-167-8"><num>(8)</num><content><p>The recipient is not liable in damages in respect of anything done, or omitted to be done, in good faith for the purposes of complying with a promoter action notice.</p></content></subsection></section><section eId="section-168"><num>168</num><heading>Preliminary notices</heading><subsection eId="section-168-1"><num>(1)</num><content><p>An authorised officer of Revenue and Customs may issue a notice to a person who the officer reasonably suspects is providing goods or services as described in <ref href="#section-167">section 167</ref><ref href="#section-167-1">(1)</ref>.</p></content></subsection><subsection eId="section-168-2"><num>(2)</num><intro><p>A notice under this section must—</p></intro><level class="para1" eId="section-168-2-a"><num>(a)</num><content><p>identify the target referred to in <ref href="#section-167">section 167</ref><ref href="#section-167-1">(1)</ref>;</p></content></level><level class="para1" eId="section-168-2-b"><num>(b)</num><content><p>give reasons for the suspicion referred to in <ref href="#section-168-1">subsection (1)</ref>;</p></content></level><level class="para1" eId="section-168-2-c"><num>(c)</num><content><p>allow the recipient of the notice a period of 30 days from the date of the notice to make representations to HMRC.</p></content></level></subsection><subsection eId="section-168-3"><num>(3)</num><content><p>A notice under this section may request information from the recipient.</p></content></subsection><subsection eId="section-168-4"><num>(4)</num><intro><p>A disclosure of information by the recipient in response to a request under <ref href="#section-168-3">subsection (3)</ref> does not breach—</p></intro><level class="para1" eId="section-168-4-a"><num>(a)</num><content><p>any obligation of confidence owed by the person making the disclosure, or</p></content></level><level class="para1" eId="section-168-4-b"><num>(b)</num><content><p>any other restriction on the disclosure of information (however imposed).</p></content></level></subsection><subsection eId="section-168-5"><num>(5)</num><intro><p>A person who receives a notice under this section may not disclose the existence or contents of the notice to—</p></intro><level class="para1" eId="section-168-5-a"><num>(a)</num><content><p>the target identified in the notice, or</p></content></level><level class="para1" eId="section-168-5-b"><num>(b)</num><content><p>any person who might reasonably be expected to disclose the existence or contents of the notice to the target.</p></content></level></subsection><subsection eId="section-168-6"><num>(6)</num><content><p>An authorised officer of Revenue and Customs may withdraw a notice under this section.</p></content></subsection></section><section eId="section-169"><num>169</num><heading>Disclosure of information by HMRC</heading><subsection eId="section-169-1"><num>(1)</num><intro><p>An authorised officer of Revenue and Customs may for the purposes of this Chapter disclose—</p></intro><level class="para1" eId="section-169-1-a"><num>(a)</num><content><p>information relating to the target identified in a promoter action notice to the recipient of the notice, or</p></content></level><level class="para1" eId="section-169-1-b"><num>(b)</num><content><p>information relating to the target identified in a notice issued under <ref href="#section-168">section 168</ref> (preliminary notices) to the recipient of the notice.</p></content></level></subsection><subsection eId="section-169-2"><num>(2)</num><intro><p>A person to whom an authorised officer of Revenue and Customs discloses information under <ref href="#section-245">this section</ref>—</p></intro><level class="para1" eId="section-169-2-a"><num>(a)</num><content><p>may use it only for the purpose for which it was disclosed, and</p></content></level><level class="para1" eId="section-169-2-b"><num>(b)</num><content><p>may not further disclose it without the consent of HMRC (which may be general or specific).</p></content></level></subsection><subsection eId="section-169-3"><num>(3)</num><intro><p>Where a person contravenes subsection <ref href="#section-245-2">(2)</ref><ref href="#section-245-2-b">(b)</ref> by disclosing information relating to a person whose identity—</p></intro><level class="para1" eId="section-169-3-a"><num>(a)</num><content><p>is specified in the disclosure, or</p></content></level><level class="para1" eId="section-169-3-b"><num>(b)</num><content><p>can be deduced from it,</p></content></level><wrapUp><p>section 19 of CRCA 2005 (offence of wrongful disclosure) applies in relation to the disclosure as it applies in relation to a disclosure in contravention of section 20(9) of that Act.</p></wrapUp></subsection><subsection eId="section-169-4"><num>(4)</num><content><p>Nothing in this section limits the circumstances in which information may be disclosed under section 18(2) of CRCA 2005 or under any other enactment or rule of law.</p></content></subsection></section><section eId="section-170"><num>170</num><heading>Appeal against a decision to issue a promoter action notice</heading><subsection eId="section-170-1"><num>(1)</num><intro><p>A recipient of a promoter action notice may appeal to the tribunal against a decision to issue the notice on the grounds that—</p></intro><level class="para1" eId="section-170-1-a"><num>(a)</num><content><p>the recipient is not providing the goods or services specified in the notice to the target identified in the notice;</p></content></level><level class="para1" eId="section-170-1-b"><num>(b)</num><content><p>the goods or services are not being used wholly or partly in connection with the arrangements referred to in <ref href="#section-167">section 167</ref><ref href="#section-167-1">(1)</ref>.</p></content></level></subsection><subsection eId="section-170-2"><num>(2)</num><intro><p>Notice of an appeal must—</p></intro><level class="para1" eId="section-170-2-a"><num>(a)</num><content><p>state the ground of appeal, and</p></content></level><level class="para1" eId="section-170-2-b"><num>(b)</num><content><p>be given in writing to HMRC before the end of the period of 30 days beginning with the day on which the promoter action notice was issued.</p></content></level></subsection><subsection eId="section-170-3"><num>(3)</num><content><p>The provisions of Part 5 of TMA 1970 relating to appeals have effect in relation to appeals under this section as they have effect in relation to an appeal against an assessment to income tax.</p></content></subsection><subsection eId="section-170-4"><num>(4)</num><content><p>In this section, the “<term refersTo="#term-tribunal" eId="term-tribunal">tribunal</term>” means the First-tier Tribunal or, where determined by or under the Tribunal Procedure Rules, the Upper Tribunal.</p></content></subsection></section></hcontainer><hcontainer name="crossheading" ukl:Name="Pblock" eId="part-6-chapter-2-crossheading-sanctions"><heading>Sanctions</heading><section eId="section-171"><num>171</num><heading>Civil penalties</heading><subsection eId="section-171-1"><num>(1)</num><intro><p>A recipient of a promoter action notice is liable to a penalty if the recipient—</p></intro><level class="para1" eId="section-171-1-a"><num>(a)</num><content><p>fails to comply with the notice, and</p></content></level><level class="para1" eId="section-171-1-b"><num>(b)</num><content><p>does so without reasonable excuse.</p></content></level></subsection><subsection eId="section-171-2"><num>(2)</num><content><p>The maximum penalty under this section is £1,000 for each day on which the recipient failed, without reasonable excuse, to comply with the notice.</p></content></subsection><subsection eId="section-171-3"><num>(3)</num><intro><p>Before imposing a penalty under this section, an authorised officer of Revenue and Customs must—</p></intro><level class="para1" eId="section-171-3-a"><num>(a)</num><content><p>notify the recipient of the fact that the authorised officer considers subsection (1) to apply, and</p></content></level><level class="para1" eId="section-171-3-b"><num>(b)</num><content><p>allow the recipient 30 days from the date of notification to make representations to HMRC.</p></content></level></subsection><subsection eId="section-171-4"><num>(4)</num><intro><p>In imposing a penalty under this section, an authorised officer of Revenue and Customs must have regard to—</p></intro><level class="para1" eId="section-171-4-a"><num>(a)</num><content><p>the likely cost to the recipient of complying with the notice;</p></content></level><level class="para1" eId="section-171-4-b"><num>(b)</num><content><p>any benefit for the recipient of not complying with the notice;</p></content></level><level class="para1" eId="section-171-4-c"><num>(c)</num><content><p>whether and to what extent the recipient cooperated with HMRC or made efforts to comply with the notice.</p></content></level></subsection><subsection eId="section-171-5"><num>(5)</num><content><p>A penalty imposed under this section is to be treated as a penalty determined under section 100(1) of TMA 1970.</p></content></subsection><subsection eId="section-171-6"><num>(6)</num><content><p>A penalty imposed under this section is to carry interest in accordance with section 101 of FA 2009.</p></content></subsection><subsection eId="section-171-7"><num>(7)</num><content><p><mod>In paragraph 5(6) of Schedule 13 to FA 2020 (joint and several liability of company directors etc) after paragraph (g) (inserted by <ref href="#section-162">section 162</ref><ref href="#section-162-8">(8)</ref>) insert—<quotedStructure startQuote="“" endQuote="”" uk:context="schedule" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="schedule" ukl:Format="double"><level class="para1"><num>(h)</num><content><p><ref href="#section-171">section 171</ref> of FA 2026 (promoter action notices: penalties).</p></content></level></quotedStructure></mod></p></content></subsection></section><section eId="section-172"><num>172</num><heading>Publication</heading><subsection eId="section-172-1"><num>(1)</num><intro><p>Subsection (2) applies if—</p></intro><level class="para1" eId="section-172-1-a"><num>(a)</num><content><p>a penalty under <ref href="#section-171">section 171</ref> has been imposed on a recipient of a promoter action notice, and</p></content></level><level class="para1" eId="section-172-1-b"><num>(b)</num><content><p>notice of appeal against the penalty can no longer be given or, if notice has been given, the appeal has been determined or withdrawn.</p></content></level></subsection><subsection eId="section-172-2"><num>(2)</num><intro><p>An authorised officer of Revenue and Customs may publish—</p></intro><level class="para1" eId="section-172-2-a"><num>(a)</num><content><p>the recipient’s name (including any trading name, previous name or pseudonym);</p></content></level><level class="para1" eId="section-172-2-b"><num>(b)</num><content><p>any address used by the recipient;</p></content></level><level class="para1" eId="section-172-2-c"><num>(c)</num><content><p>any other information that the authorised officer considers appropriate for the purposes of identifying the recipient or their business;</p></content></level><level class="para1" eId="section-172-2-d"><num>(d)</num><content><p>details of the recipient’s failure to comply;</p></content></level><level class="para1" eId="section-172-2-e"><num>(e)</num><content><p>details of the penalty imposed on the recipient under <ref href="#section-171">section 171</ref>.</p></content></level></subsection><subsection eId="section-172-3"><num>(3)</num><intro><p>Before publishing information under <ref href="#section-172">this section</ref>, an authorised officer of Revenue and Customs must—</p></intro><level class="para1" eId="section-172-3-a"><num>(a)</num><content><p>notify the recipient of their intention to publish, including the information that they intend to publish, and—</p></content></level><level class="para1" eId="section-172-3-b"><num>(b)</num><content><p>allow the recipient 30 days from the date of notification to make representations to HMRC.</p></content></level></subsection><subsection eId="section-172-4"><num>(4)</num><content><p>Information published under <ref href="#section-172">this section</ref> must be withdrawn no later than 12 months after its publication.</p></content></subsection><subsection eId="section-172-5"><num>(5)</num><content><p>Nothing in <ref href="#section-172">this section</ref> limits the circumstances in which information may be disclosed under <ref eId="c00194" href="https://www.legislation.gov.uk/ukpga/2005/11/section/18">section 18</ref><ref eId="c00195" href="https://www.legislation.gov.uk/ukpga/2005/11/section/18">(2)</ref> of <ref eId="c00196" href="https://www.legislation.gov.uk/ukpga/2005/11/contents">CRCA 2005</ref> or under any other enactment or rule of law.</p></content></subsection></section><section eId="section-173"><num>173</num><heading>Reporting to regulators etc</heading><subsection eId="section-173-1"><num>(1)</num><intro><p>This section applies if an authorised officer of Revenue and Customs considers that a recipient of a promoter action notice—</p></intro><level class="para1" eId="section-173-1-a"><num>(a)</num><content><p>failed to comply with the notice, and</p></content></level><level class="para1" eId="section-173-1-b"><num>(b)</num><content><p>did so without reasonable excuse.</p></content></level></subsection><subsection eId="section-173-2"><num>(2)</num><intro><p>An authorised officer of Revenue and Customs may, for the permitted purpose, disclose the following information to a regulator, representative body or trade body of the recipient—</p></intro><level class="para1" eId="section-173-2-a"><num>(a)</num><content><p>the recipient’s name (including any trading name, previous name or pseudonym);</p></content></level><level class="para1" eId="section-173-2-b"><num>(b)</num><content><p>any address used by the recipient;</p></content></level><level class="para1" eId="section-173-2-c"><num>(c)</num><content><p>any other information that the authorised officer considers appropriate for the purposes of identifying the recipient or their business;</p></content></level><level class="para1" eId="section-173-2-d"><num>(d)</num><content><p>details of the recipient’s failure to comply;</p></content></level><level class="para1" eId="section-173-2-e"><num>(e)</num><content><p>details of any penalty imposed on the recipient under <ref href="#section-171">section 171</ref>;</p></content></level><level class="para1" eId="section-173-2-f"><num>(f)</num><content><p>any other information that the authorised officer considers appropriate for the permitted purpose.</p></content></level></subsection><subsection eId="section-173-3"><num>(3)</num><intro><p>In this section, the “<term refersTo="#term-permitted-purpose" eId="term-permitted-purpose">permitted purpose</term>” means assisting the person to whom the information is disclosed in relation to—</p></intro><level class="para1" eId="section-173-3-a"><num>(a)</num><content><p>a current or future investigation into the failure referred to in subsection (1), or</p></content></level><level class="para1" eId="section-173-3-b"><num>(b)</num><content><p>any other action taken, or to be taken, by the person in relation to that failure.</p></content></level></subsection><subsection eId="section-173-4"><num>(4)</num><intro><p>Before disclosing information under <ref href="#section-172">this section</ref>, an authorised officer of Revenue and Customs must—</p></intro><level class="para1" eId="section-173-4-a"><num>(a)</num><intro><p>notify the recipient of their intention to disclose it, including—</p></intro><level class="para2" eId="section-173-4-a-i"><num>(i)</num><content><p>their reasons for considering that subsection (1) applies, and</p></content></level><level class="para2" eId="section-173-4-a-ii"><num>(ii)</num><content><p>the information that they intend to disclose, and</p></content></level></level><level class="para1" eId="section-173-4-b"><num>(b)</num><intro><p>allow the recipient 30 days from the date of notification to—</p></intro><level class="para2" eId="section-173-4-b-i"><num>(i)</num><content><p>comply with any requirements specified in the promoter action notice, or</p></content></level><level class="para2" eId="section-173-4-b-ii"><num>(ii)</num><content><p>make representations to HMRC.</p></content></level></level></subsection><subsection eId="section-173-5"><num>(5)</num><intro><p>A person to whom an authorised officer of Revenue and Customs discloses information under <ref href="#section-245">this section</ref>—</p></intro><level class="para1" eId="section-173-5-a"><num>(a)</num><content><p>may use it only for the purpose for which it was disclosed, and</p></content></level><level class="para1" eId="section-173-5-b"><num>(b)</num><content><p>may not further disclose it without the consent of HMRC (which may be general or specific).</p></content></level></subsection><subsection eId="section-173-6"><num>(6)</num><intro><p>Where a person contravenes subsection <ref href="#section-173-5">(5)</ref><ref href="#section-173-5-b">(b)</ref> by disclosing information relating to a person whose identity—</p></intro><level class="para1" eId="section-173-6-a"><num>(a)</num><content><p>is specified in the disclosure, or</p></content></level><level class="para1" eId="section-173-6-b"><num>(b)</num><content><p>can be deduced from it,</p></content></level><wrapUp><p>section 19 of CRCA 2005 (offence of wrongful disclosure) applies in relation to the disclosure as it applies in relation to a disclosure in contravention of section 20(9) of that Act.</p></wrapUp></subsection><subsection eId="section-173-7"><num>(7)</num><content><p>Nothing in this section limits the circumstances in which information may be disclosed under section 18(2) of CRCA 2005 or under any other enactment or rule of law.</p></content></subsection></section><section eId="section-174"><num>174</num><heading>Extension of time periods</heading><content><p>For the purposes of <span><ref href="#section-171">sections 171</ref> and <ref href="#section-173">173</ref></span>, a failure of a person to do anything within a limited period of time is to be disregarded if the person did the thing within such further period of time, if any, as an officer of Revenue and Customs allowed.</p></content></section><section eId="section-175"><num>175</num><heading>Reasonable excuse</heading><intro><p>For the purposes of <span><ref href="#section-171">sections 171</ref> and <ref href="#section-173">173</ref></span>—</p></intro><level class="para1" eId="section-175-a"><num>(a)</num><content><p>an insufficiency of funds is not a reasonable excuse unless attributable to events outside the person’s control,</p></content></level><level class="para1" eId="section-175-b"><num>(b)</num><content><p>if the person relies on any other person to do anything, that is not a reasonable excuse unless the first person took reasonable care to avoid the failure,</p></content></level><level class="para1" eId="section-175-c"><num>(c)</num><content><p>if the person had a reasonable excuse for the failure but the excuse has ceased, the person is to be treated as having continued to have the excuse if the failure is remedied without unreasonable delay after the excuse ceased, and</p></content></level><level class="para1" eId="section-175-d"><num>(d)</num><intro><p>reliance on legal advice is to be taken automatically not to constitute a reasonable excuse if either—</p></intro><level class="para2" eId="section-175-d-i"><num>(i)</num><content><p>the advice was not based on a full and accurate description of the facts, or</p></content></level><level class="para2" eId="section-175-d-ii"><num>(ii)</num><content><p>the conclusions in the advice that the person relied upon were unreasonable.</p></content></level></level></section></hcontainer><hcontainer name="crossheading" ukl:Name="Pblock" eId="part-6-chapter-2-crossheading-general"><heading>General</heading><section eId="section-176"><num>176</num><heading>Interpretation</heading><intro><p>In <ref href="#part-6-chapter-2">this Chapter</ref>—</p></intro><hcontainer name="definition"><content><p>“<term refersTo="#term-arrangements" eId="term-arrangements">arrangements</term>” includes any agreement, scheme, arrangement or understanding of any kind whether or not legally enforceable involving one or more transactions, and includes a proposal for arrangements;</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-authorised-officer-of-revenue-and-customs" eId="term-authorised-officer-of-revenue-and-customs">authorised officer of Revenue and Customs</term>” means an officer of Revenue and Customs who is, or is a member of a class of officers who are, authorised by the Commissioners for the purpose of <ref href="#part-6-chapter-2">this Chapter</ref>;</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-certified-promoter" eId="term-certified-promoter">certified promoter</term>” has the meaning given in <ref href="#section-166">section 166</ref><ref href="#section-166-3">(3)</ref>;</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-commissioners" eId="term-commissioners">Commissioners</term>” means the Commissioners of His Majesty’s Revenue;</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-hmrc" eId="term-hmrc">HMRC</term>” means His Majesty’s Revenue and Customs;</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-promoter-action-notice" eId="term-promoter-action-notice">promoter action notice</term>” has the meaning given in <ref href="#section-167">section 167</ref><ref href="#section-167-2">(2)</ref>;</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-promotion" eId="term-promotion">promotion</term>” has the meaning it has in <ref eId="c00197" href="https://www.legislation.gov.uk/ukpga/2014/26/section/236B">section 236B</ref><ref eId="c00198" href="https://www.legislation.gov.uk/ukpga/2014/26/section/236B">(1)</ref> of <ref eId="c00199" href="https://www.legislation.gov.uk/ukpga/2014/26/contents">FA 2014</ref> (effect of stop notices) or <ref href="#section-159">section 159</ref> (prohibition of promotion of certain tax avoidance arrangements) (as the context requires).</p></content></hcontainer></section></hcontainer></chapter>
<hcontainer xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" name="crossheading" ukl:Name="Pblock" eId="part-6-chapter-2-crossheading-promoter-action-notices"><heading>Promoter action notices</heading><section eId="section-166"><num>166</num><heading>Certification of promoters</heading><subsection eId="section-166-1"><num>(1)</num><intro><p>An authorised officer of Revenue and Customs may, for the purposes of this Chapter, certify that a person is promoting arrangements—</p></intro><level class="para1" eId="section-166-1-a"><num>(a)</num><content><p>in breach of section 236B of FA 2014 (effect of stop notices), or</p></content></level><level class="para1" eId="section-166-1-b"><num>(b)</num><content><p>in breach of <ref href="#section-159">section 159</ref><ref href="#section-159-1">(1)</ref> (prohibition of promotion of certain tax avoidance arrangements).</p></content></level></subsection><subsection eId="section-166-2"><num>(2)</num><intro><p>A certification under <ref href="#section-166-1">subsection (1)</ref> must be in writing and include the following—</p></intro><level class="para1" eId="section-166-2-a"><num>(a)</num><content><p>the name of the person,</p></content></level><level class="para1" eId="section-166-2-b"><num>(b)</num><intro><p>a statement to the effect that—</p></intro><level class="para2" eId="section-166-2-b-i"><num>(i)</num><content><p>an authorised officer of Revenue and Customs has certified that the person is promoting arrangements as described in <ref href="#section-166-1">subsection (1)</ref><ref href="#section-166-1-a">(a)</ref> or <ref href="#section-166-1-b">(b)</ref>, and</p></content></level><level class="para2" eId="section-166-2-b-ii"><num>(ii)</num><content><p>accordingly, the person is a certified promoter for the purposes of this Chapter,</p></content></level></level><level class="para1" eId="section-166-2-c"><num>(c)</num><content><p>a summary of the officer’s reasons for coming to the conclusion certified, including a description of the arrangements and promotion, and</p></content></level><level class="para1" eId="section-166-2-d"><num>(d)</num><content><p>information about how the person may make representations to HMRC (see <ref href="#section-166-4">subsection (4)</ref><ref href="#section-166-4-b">(b)</ref>).</p></content></level></subsection><subsection eId="section-166-3"><num>(3)</num><content><p>For the purposes of this Chapter, a “<term refersTo="#term-certified-promoter" eId="term-certified-promoter">certified promoter</term>” means a person certified under this section.</p></content></subsection><subsection eId="section-166-4"><num>(4)</num><intro><p>Before issuing a notice under section <ref href="#section-167">167</ref> (promoter action notice) in respect of a certified promoter, an authorised officer of Revenue and Customs must—</p></intro><level class="para1" eId="section-166-4-a"><num>(a)</num><content><p>provide the certified promoter with a copy of the certification, and</p></content></level><level class="para1" eId="section-166-4-b"><num>(b)</num><content><p>allow the certified promoter 30 days from the date of provision to make representations to HMRC.</p></content></level></subsection></section><section eId="section-167"><num>167</num><heading>Promoter action notices</heading><subsection eId="section-167-1"><num>(1)</num><intro><p>An authorised officer of Revenue and Customs may issue a notice to a person if the officer reasonably suspects that—</p></intro><level class="para1" eId="section-167-1-a"><num>(a)</num><content><p>the person (the “recipient”) is providing goods or services to a certified promoter (the “target”), and</p></content></level><level class="para1" eId="section-167-1-b"><num>(b)</num><content><p>the goods or services are being procured or used wholly or partly in connection with the promotion of arrangements in respect of which the target is certified.</p></content></level></subsection><subsection eId="section-167-2"><num>(2)</num><content><p>For the purposes of <ref href="#part-6-chapter-2">this Chapter</ref>, a “<term refersTo="#term-promoter-action-notice" eId="term-promoter-action-notice">promoter action notice</term>” means a notice issued under <ref href="#section-167-1">subsection (1)</ref>.</p></content></subsection><subsection eId="section-167-3"><num>(3)</num><intro><p>A promoter action notice may, for the purpose of impeding the target’s promotion of the arrangements, require the recipient of the notice to—</p></intro><level class="para1" eId="section-167-3-a"><num>(a)</num><content><p>stop providing some or all of the goods or services,</p></content></level><level class="para1" eId="section-167-3-b"><num>(b)</num><content><p>provide the goods or services subject to specified conditions, or</p></content></level><level class="para1" eId="section-167-3-c"><num>(c)</num><content><p>take specified steps in relation to the provision of the goods or services.</p></content></level></subsection><subsection eId="section-167-4"><num>(4)</num><intro><p>A promoter action notice must identify the target and specify—</p></intro><level class="para1" eId="section-167-4-a"><num>(a)</num><content><p>the goods or services in respect of which it is issued,</p></content></level><level class="para1" eId="section-167-4-b"><num>(b)</num><content><p>the requirements applicable under <ref href="#section-167-3">subsection (3)</ref>, and</p></content></level><level class="para1" eId="section-167-4-c"><num>(c)</num><content><p>the time by which the recipient must comply with the requirements under <ref href="#section-167-3">subsection (3)</ref>.</p></content></level></subsection><subsection eId="section-167-5"><num>(5)</num><intro><p>A time specified under <ref href="#section-167-4">subsection (4)</ref><ref href="#section-167-4-c">(c)</ref>—</p></intro><level class="para1" eId="section-167-5-a"><num>(a)</num><intro><p>must be the end of—</p></intro><level class="para2" eId="section-167-5-a-i"><num>(i)</num><content><p>the period of 30 days beginning with the day on which the notice is issued, or</p></content></level><level class="para2" eId="section-167-5-a-ii"><num>(ii)</num><content><p>such longer period as an authorised officer of Revenue and Customs considers appropriate, and</p></content></level></level><level class="para1" eId="section-167-5-b"><num>(b)</num><content><p>takes precedence over any statutory or regulatory requirement to provide a period of notice before terminating or modifying a contract.</p></content></level></subsection><subsection eId="section-167-6"><num>(6)</num><intro><p>A promoter action notice may not—</p></intro><level class="para1" eId="section-167-6-a"><num>(a)</num><content><p>require the recipient to monitor or assess whether or how particular goods or services are being procured or used in connection with the promotion or arrangements,</p></content></level><level class="para1" eId="section-167-6-b"><num>(b)</num><content><p>restrict the provision of services that provide access to the internet, or</p></content></level><level class="para1" eId="section-167-6-c"><num>(c)</num><content><p>restrict the provision of legal or auditing services.</p></content></level></subsection><subsection eId="section-167-7"><num>(7)</num><content><p>An authorised officer of Revenue and Customs may withdraw a promoter action notice.</p></content></subsection><subsection eId="section-167-8"><num>(8)</num><content><p>The recipient is not liable in damages in respect of anything done, or omitted to be done, in good faith for the purposes of complying with a promoter action notice.</p></content></subsection></section><section eId="section-168"><num>168</num><heading>Preliminary notices</heading><subsection eId="section-168-1"><num>(1)</num><content><p>An authorised officer of Revenue and Customs may issue a notice to a person who the officer reasonably suspects is providing goods or services as described in <ref href="#section-167">section 167</ref><ref href="#section-167-1">(1)</ref>.</p></content></subsection><subsection eId="section-168-2"><num>(2)</num><intro><p>A notice under this section must—</p></intro><level class="para1" eId="section-168-2-a"><num>(a)</num><content><p>identify the target referred to in <ref href="#section-167">section 167</ref><ref href="#section-167-1">(1)</ref>;</p></content></level><level class="para1" eId="section-168-2-b"><num>(b)</num><content><p>give reasons for the suspicion referred to in <ref href="#section-168-1">subsection (1)</ref>;</p></content></level><level class="para1" eId="section-168-2-c"><num>(c)</num><content><p>allow the recipient of the notice a period of 30 days from the date of the notice to make representations to HMRC.</p></content></level></subsection><subsection eId="section-168-3"><num>(3)</num><content><p>A notice under this section may request information from the recipient.</p></content></subsection><subsection eId="section-168-4"><num>(4)</num><intro><p>A disclosure of information by the recipient in response to a request under <ref href="#section-168-3">subsection (3)</ref> does not breach—</p></intro><level class="para1" eId="section-168-4-a"><num>(a)</num><content><p>any obligation of confidence owed by the person making the disclosure, or</p></content></level><level class="para1" eId="section-168-4-b"><num>(b)</num><content><p>any other restriction on the disclosure of information (however imposed).</p></content></level></subsection><subsection eId="section-168-5"><num>(5)</num><intro><p>A person who receives a notice under this section may not disclose the existence or contents of the notice to—</p></intro><level class="para1" eId="section-168-5-a"><num>(a)</num><content><p>the target identified in the notice, or</p></content></level><level class="para1" eId="section-168-5-b"><num>(b)</num><content><p>any person who might reasonably be expected to disclose the existence or contents of the notice to the target.</p></content></level></subsection><subsection eId="section-168-6"><num>(6)</num><content><p>An authorised officer of Revenue and Customs may withdraw a notice under this section.</p></content></subsection></section><section eId="section-169"><num>169</num><heading>Disclosure of information by HMRC</heading><subsection eId="section-169-1"><num>(1)</num><intro><p>An authorised officer of Revenue and Customs may for the purposes of this Chapter disclose—</p></intro><level class="para1" eId="section-169-1-a"><num>(a)</num><content><p>information relating to the target identified in a promoter action notice to the recipient of the notice, or</p></content></level><level class="para1" eId="section-169-1-b"><num>(b)</num><content><p>information relating to the target identified in a notice issued under <ref href="#section-168">section 168</ref> (preliminary notices) to the recipient of the notice.</p></content></level></subsection><subsection eId="section-169-2"><num>(2)</num><intro><p>A person to whom an authorised officer of Revenue and Customs discloses information under <ref href="#section-245">this section</ref>—</p></intro><level class="para1" eId="section-169-2-a"><num>(a)</num><content><p>may use it only for the purpose for which it was disclosed, and</p></content></level><level class="para1" eId="section-169-2-b"><num>(b)</num><content><p>may not further disclose it without the consent of HMRC (which may be general or specific).</p></content></level></subsection><subsection eId="section-169-3"><num>(3)</num><intro><p>Where a person contravenes subsection <ref href="#section-245-2">(2)</ref><ref href="#section-245-2-b">(b)</ref> by disclosing information relating to a person whose identity—</p></intro><level class="para1" eId="section-169-3-a"><num>(a)</num><content><p>is specified in the disclosure, or</p></content></level><level class="para1" eId="section-169-3-b"><num>(b)</num><content><p>can be deduced from it,</p></content></level><wrapUp><p>section 19 of CRCA 2005 (offence of wrongful disclosure) applies in relation to the disclosure as it applies in relation to a disclosure in contravention of section 20(9) of that Act.</p></wrapUp></subsection><subsection eId="section-169-4"><num>(4)</num><content><p>Nothing in this section limits the circumstances in which information may be disclosed under section 18(2) of CRCA 2005 or under any other enactment or rule of law.</p></content></subsection></section><section eId="section-170"><num>170</num><heading>Appeal against a decision to issue a promoter action notice</heading><subsection eId="section-170-1"><num>(1)</num><intro><p>A recipient of a promoter action notice may appeal to the tribunal against a decision to issue the notice on the grounds that—</p></intro><level class="para1" eId="section-170-1-a"><num>(a)</num><content><p>the recipient is not providing the goods or services specified in the notice to the target identified in the notice;</p></content></level><level class="para1" eId="section-170-1-b"><num>(b)</num><content><p>the goods or services are not being used wholly or partly in connection with the arrangements referred to in <ref href="#section-167">section 167</ref><ref href="#section-167-1">(1)</ref>.</p></content></level></subsection><subsection eId="section-170-2"><num>(2)</num><intro><p>Notice of an appeal must—</p></intro><level class="para1" eId="section-170-2-a"><num>(a)</num><content><p>state the ground of appeal, and</p></content></level><level class="para1" eId="section-170-2-b"><num>(b)</num><content><p>be given in writing to HMRC before the end of the period of 30 days beginning with the day on which the promoter action notice was issued.</p></content></level></subsection><subsection eId="section-170-3"><num>(3)</num><content><p>The provisions of Part 5 of TMA 1970 relating to appeals have effect in relation to appeals under this section as they have effect in relation to an appeal against an assessment to income tax.</p></content></subsection><subsection eId="section-170-4"><num>(4)</num><content><p>In this section, the “<term refersTo="#term-tribunal" eId="term-tribunal">tribunal</term>” means the First-tier Tribunal or, where determined by or under the Tribunal Procedure Rules, the Upper Tribunal.</p></content></subsection></section></hcontainer>
<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-166"><num>166</num><heading>Certification of promoters</heading><subsection eId="section-166-1"><num>(1)</num><intro><p>An authorised officer of Revenue and Customs may, for the purposes of this Chapter, certify that a person is promoting arrangements—</p></intro><level class="para1" eId="section-166-1-a"><num>(a)</num><content><p>in breach of section 236B of FA 2014 (effect of stop notices), or</p></content></level><level class="para1" eId="section-166-1-b"><num>(b)</num><content><p>in breach of <ref href="#section-159">section 159</ref><ref href="#section-159-1">(1)</ref> (prohibition of promotion of certain tax avoidance arrangements).</p></content></level></subsection><subsection eId="section-166-2"><num>(2)</num><intro><p>A certification under <ref href="#section-166-1">subsection (1)</ref> must be in writing and include the following—</p></intro><level class="para1" eId="section-166-2-a"><num>(a)</num><content><p>the name of the person,</p></content></level><level class="para1" eId="section-166-2-b"><num>(b)</num><intro><p>a statement to the effect that—</p></intro><level class="para2" eId="section-166-2-b-i"><num>(i)</num><content><p>an authorised officer of Revenue and Customs has certified that the person is promoting arrangements as described in <ref href="#section-166-1">subsection (1)</ref><ref href="#section-166-1-a">(a)</ref> or <ref href="#section-166-1-b">(b)</ref>, and</p></content></level><level class="para2" eId="section-166-2-b-ii"><num>(ii)</num><content><p>accordingly, the person is a certified promoter for the purposes of this Chapter,</p></content></level></level><level class="para1" eId="section-166-2-c"><num>(c)</num><content><p>a summary of the officer’s reasons for coming to the conclusion certified, including a description of the arrangements and promotion, and</p></content></level><level class="para1" eId="section-166-2-d"><num>(d)</num><content><p>information about how the person may make representations to HMRC (see <ref href="#section-166-4">subsection (4)</ref><ref href="#section-166-4-b">(b)</ref>).</p></content></level></subsection><subsection eId="section-166-3"><num>(3)</num><content><p>For the purposes of this Chapter, a “<term refersTo="#term-certified-promoter" eId="term-certified-promoter">certified promoter</term>” means a person certified under this section.</p></content></subsection><subsection eId="section-166-4"><num>(4)</num><intro><p>Before issuing a notice under section <ref href="#section-167">167</ref> (promoter action notice) in respect of a certified promoter, an authorised officer of Revenue and Customs must—</p></intro><level class="para1" eId="section-166-4-a"><num>(a)</num><content><p>provide the certified promoter with a copy of the certification, and</p></content></level><level class="para1" eId="section-166-4-b"><num>(b)</num><content><p>allow the certified promoter 30 days from the date of provision to make representations to HMRC.</p></content></level></subsection></section>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-166-1"><num>(1)</num><intro><p>An authorised officer of Revenue and Customs may, for the purposes of this Chapter, certify that a person is promoting arrangements—</p></intro><level class="para1" eId="section-166-1-a"><num>(a)</num><content><p>in breach of section 236B of FA 2014 (effect of stop notices), or</p></content></level><level class="para1" eId="section-166-1-b"><num>(b)</num><content><p>in breach of <ref href="#section-159">section 159</ref><ref href="#section-159-1">(1)</ref> (prohibition of promotion of certain tax avoidance arrangements).</p></content></level></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-166-1-a"><num>(a)</num><content><p>in breach of section 236B of FA 2014 (effect of stop notices), or</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-166-1-b"><num>(b)</num><content><p>in breach of <ref href="#section-159">section 159</ref><ref href="#section-159-1">(1)</ref> (prohibition of promotion of certain tax avoidance arrangements).</p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-166-2"><num>(2)</num><intro><p>A certification under <ref href="#section-166-1">subsection (1)</ref> must be in writing and include the following—</p></intro><level class="para1" eId="section-166-2-a"><num>(a)</num><content><p>the name of the person,</p></content></level><level class="para1" eId="section-166-2-b"><num>(b)</num><intro><p>a statement to the effect that—</p></intro><level class="para2" eId="section-166-2-b-i"><num>(i)</num><content><p>an authorised officer of Revenue and Customs has certified that the person is promoting arrangements as described in <ref href="#section-166-1">subsection (1)</ref><ref href="#section-166-1-a">(a)</ref> or <ref href="#section-166-1-b">(b)</ref>, and</p></content></level><level class="para2" eId="section-166-2-b-ii"><num>(ii)</num><content><p>accordingly, the person is a certified promoter for the purposes of this Chapter,</p></content></level></level><level class="para1" eId="section-166-2-c"><num>(c)</num><content><p>a summary of the officer’s reasons for coming to the conclusion certified, including a description of the arrangements and promotion, and</p></content></level><level class="para1" eId="section-166-2-d"><num>(d)</num><content><p>information about how the person may make representations to HMRC (see <ref href="#section-166-4">subsection (4)</ref><ref href="#section-166-4-b">(b)</ref>).</p></content></level></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-166-2-a"><num>(a)</num><content><p>the name of the person,</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-166-2-b"><num>(b)</num><intro><p>a statement to the effect that—</p></intro><level class="para2" eId="section-166-2-b-i"><num>(i)</num><content><p>an authorised officer of Revenue and Customs has certified that the person is promoting arrangements as described in <ref href="#section-166-1">subsection (1)</ref><ref href="#section-166-1-a">(a)</ref> or <ref href="#section-166-1-b">(b)</ref>, and</p></content></level><level class="para2" eId="section-166-2-b-ii"><num>(ii)</num><content><p>accordingly, the person is a certified promoter for the purposes of this Chapter,</p></content></level></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para2" eId="section-166-2-b-i"><num>(i)</num><content><p>an authorised officer of Revenue and Customs has certified that the person is promoting arrangements as described in <ref href="#section-166-1">subsection (1)</ref><ref href="#section-166-1-a">(a)</ref> or <ref href="#section-166-1-b">(b)</ref>, and</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para2" eId="section-166-2-b-ii"><num>(ii)</num><content><p>accordingly, the person is a certified promoter for the purposes of this Chapter,</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-166-2-c"><num>(c)</num><content><p>a summary of the officer’s reasons for coming to the conclusion certified, including a description of the arrangements and promotion, and</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-166-2-d"><num>(d)</num><content><p>information about how the person may make representations to HMRC (see <ref href="#section-166-4">subsection (4)</ref><ref href="#section-166-4-b">(b)</ref>).</p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-166-3"><num>(3)</num><content><p>For the purposes of this Chapter, a “<term refersTo="#term-certified-promoter" eId="term-certified-promoter">certified promoter</term>” means a person certified under this section.</p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-166-4"><num>(4)</num><intro><p>Before issuing a notice under section <ref href="#section-167">167</ref> (promoter action notice) in respect of a certified promoter, an authorised officer of Revenue and Customs must—</p></intro><level class="para1" eId="section-166-4-a"><num>(a)</num><content><p>provide the certified promoter with a copy of the certification, and</p></content></level><level class="para1" eId="section-166-4-b"><num>(b)</num><content><p>allow the certified promoter 30 days from the date of provision to make representations to HMRC.</p></content></level></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-166-4-a"><num>(a)</num><content><p>provide the certified promoter with a copy of the certification, and</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-166-4-b"><num>(b)</num><content><p>allow the certified promoter 30 days from the date of provision to make representations to HMRC.</p></content></level>
<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-167"><num>167</num><heading>Promoter action notices</heading><subsection eId="section-167-1"><num>(1)</num><intro><p>An authorised officer of Revenue and Customs may issue a notice to a person if the officer reasonably suspects that—</p></intro><level class="para1" eId="section-167-1-a"><num>(a)</num><content><p>the person (the “recipient”) is providing goods or services to a certified promoter (the “target”), and</p></content></level><level class="para1" eId="section-167-1-b"><num>(b)</num><content><p>the goods or services are being procured or used wholly or partly in connection with the promotion of arrangements in respect of which the target is certified.</p></content></level></subsection><subsection eId="section-167-2"><num>(2)</num><content><p>For the purposes of <ref href="#part-6-chapter-2">this Chapter</ref>, a “<term refersTo="#term-promoter-action-notice" eId="term-promoter-action-notice">promoter action notice</term>” means a notice issued under <ref href="#section-167-1">subsection (1)</ref>.</p></content></subsection><subsection eId="section-167-3"><num>(3)</num><intro><p>A promoter action notice may, for the purpose of impeding the target’s promotion of the arrangements, require the recipient of the notice to—</p></intro><level class="para1" eId="section-167-3-a"><num>(a)</num><content><p>stop providing some or all of the goods or services,</p></content></level><level class="para1" eId="section-167-3-b"><num>(b)</num><content><p>provide the goods or services subject to specified conditions, or</p></content></level><level class="para1" eId="section-167-3-c"><num>(c)</num><content><p>take specified steps in relation to the provision of the goods or services.</p></content></level></subsection><subsection eId="section-167-4"><num>(4)</num><intro><p>A promoter action notice must identify the target and specify—</p></intro><level class="para1" eId="section-167-4-a"><num>(a)</num><content><p>the goods or services in respect of which it is issued,</p></content></level><level class="para1" eId="section-167-4-b"><num>(b)</num><content><p>the requirements applicable under <ref href="#section-167-3">subsection (3)</ref>, and</p></content></level><level class="para1" eId="section-167-4-c"><num>(c)</num><content><p>the time by which the recipient must comply with the requirements under <ref href="#section-167-3">subsection (3)</ref>.</p></content></level></subsection><subsection eId="section-167-5"><num>(5)</num><intro><p>A time specified under <ref href="#section-167-4">subsection (4)</ref><ref href="#section-167-4-c">(c)</ref>—</p></intro><level class="para1" eId="section-167-5-a"><num>(a)</num><intro><p>must be the end of—</p></intro><level class="para2" eId="section-167-5-a-i"><num>(i)</num><content><p>the period of 30 days beginning with the day on which the notice is issued, or</p></content></level><level class="para2" eId="section-167-5-a-ii"><num>(ii)</num><content><p>such longer period as an authorised officer of Revenue and Customs considers appropriate, and</p></content></level></level><level class="para1" eId="section-167-5-b"><num>(b)</num><content><p>takes precedence over any statutory or regulatory requirement to provide a period of notice before terminating or modifying a contract.</p></content></level></subsection><subsection eId="section-167-6"><num>(6)</num><intro><p>A promoter action notice may not—</p></intro><level class="para1" eId="section-167-6-a"><num>(a)</num><content><p>require the recipient to monitor or assess whether or how particular goods or services are being procured or used in connection with the promotion or arrangements,</p></content></level><level class="para1" eId="section-167-6-b"><num>(b)</num><content><p>restrict the provision of services that provide access to the internet, or</p></content></level><level class="para1" eId="section-167-6-c"><num>(c)</num><content><p>restrict the provision of legal or auditing services.</p></content></level></subsection><subsection eId="section-167-7"><num>(7)</num><content><p>An authorised officer of Revenue and Customs may withdraw a promoter action notice.</p></content></subsection><subsection eId="section-167-8"><num>(8)</num><content><p>The recipient is not liable in damages in respect of anything done, or omitted to be done, in good faith for the purposes of complying with a promoter action notice.</p></content></subsection></section>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-167-1"><num>(1)</num><intro><p>An authorised officer of Revenue and Customs may issue a notice to a person if the officer reasonably suspects that—</p></intro><level class="para1" eId="section-167-1-a"><num>(a)</num><content><p>the person (the “recipient”) is providing goods or services to a certified promoter (the “target”), and</p></content></level><level class="para1" eId="section-167-1-b"><num>(b)</num><content><p>the goods or services are being procured or used wholly or partly in connection with the promotion of arrangements in respect of which the target is certified.</p></content></level></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-167-1-a"><num>(a)</num><content><p>the person (the “recipient”) is providing goods or services to a certified promoter (the “target”), and</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-167-1-b"><num>(b)</num><content><p>the goods or services are being procured or used wholly or partly in connection with the promotion of arrangements in respect of which the target is certified.</p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-167-2"><num>(2)</num><content><p>For the purposes of <ref href="#part-6-chapter-2">this Chapter</ref>, a “<term refersTo="#term-promoter-action-notice" eId="term-promoter-action-notice">promoter action notice</term>” means a notice issued under <ref href="#section-167-1">subsection (1)</ref>.</p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-167-3"><num>(3)</num><intro><p>A promoter action notice may, for the purpose of impeding the target’s promotion of the arrangements, require the recipient of the notice to—</p></intro><level class="para1" eId="section-167-3-a"><num>(a)</num><content><p>stop providing some or all of the goods or services,</p></content></level><level class="para1" eId="section-167-3-b"><num>(b)</num><content><p>provide the goods or services subject to specified conditions, or</p></content></level><level class="para1" eId="section-167-3-c"><num>(c)</num><content><p>take specified steps in relation to the provision of the goods or services.</p></content></level></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-167-3-a"><num>(a)</num><content><p>stop providing some or all of the goods or services,</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-167-3-b"><num>(b)</num><content><p>provide the goods or services subject to specified conditions, or</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-167-3-c"><num>(c)</num><content><p>take specified steps in relation to the provision of the goods or services.</p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-167-4"><num>(4)</num><intro><p>A promoter action notice must identify the target and specify—</p></intro><level class="para1" eId="section-167-4-a"><num>(a)</num><content><p>the goods or services in respect of which it is issued,</p></content></level><level class="para1" eId="section-167-4-b"><num>(b)</num><content><p>the requirements applicable under <ref href="#section-167-3">subsection (3)</ref>, and</p></content></level><level class="para1" eId="section-167-4-c"><num>(c)</num><content><p>the time by which the recipient must comply with the requirements under <ref href="#section-167-3">subsection (3)</ref>.</p></content></level></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-167-4-a"><num>(a)</num><content><p>the goods or services in respect of which it is issued,</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-167-4-b"><num>(b)</num><content><p>the requirements applicable under <ref href="#section-167-3">subsection (3)</ref>, and</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-167-4-c"><num>(c)</num><content><p>the time by which the recipient must comply with the requirements under <ref href="#section-167-3">subsection (3)</ref>.</p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-167-5"><num>(5)</num><intro><p>A time specified under <ref href="#section-167-4">subsection (4)</ref><ref href="#section-167-4-c">(c)</ref>—</p></intro><level class="para1" eId="section-167-5-a"><num>(a)</num><intro><p>must be the end of—</p></intro><level class="para2" eId="section-167-5-a-i"><num>(i)</num><content><p>the period of 30 days beginning with the day on which the notice is issued, or</p></content></level><level class="para2" eId="section-167-5-a-ii"><num>(ii)</num><content><p>such longer period as an authorised officer of Revenue and Customs considers appropriate, and</p></content></level></level><level class="para1" eId="section-167-5-b"><num>(b)</num><content><p>takes precedence over any statutory or regulatory requirement to provide a period of notice before terminating or modifying a contract.</p></content></level></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-167-5-a"><num>(a)</num><intro><p>must be the end of—</p></intro><level class="para2" eId="section-167-5-a-i"><num>(i)</num><content><p>the period of 30 days beginning with the day on which the notice is issued, or</p></content></level><level class="para2" eId="section-167-5-a-ii"><num>(ii)</num><content><p>such longer period as an authorised officer of Revenue and Customs considers appropriate, and</p></content></level></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para2" eId="section-167-5-a-i"><num>(i)</num><content><p>the period of 30 days beginning with the day on which the notice is issued, or</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para2" eId="section-167-5-a-ii"><num>(ii)</num><content><p>such longer period as an authorised officer of Revenue and Customs considers appropriate, and</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-167-5-b"><num>(b)</num><content><p>takes precedence over any statutory or regulatory requirement to provide a period of notice before terminating or modifying a contract.</p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-167-6"><num>(6)</num><intro><p>A promoter action notice may not—</p></intro><level class="para1" eId="section-167-6-a"><num>(a)</num><content><p>require the recipient to monitor or assess whether or how particular goods or services are being procured or used in connection with the promotion or arrangements,</p></content></level><level class="para1" eId="section-167-6-b"><num>(b)</num><content><p>restrict the provision of services that provide access to the internet, or</p></content></level><level class="para1" eId="section-167-6-c"><num>(c)</num><content><p>restrict the provision of legal or auditing services.</p></content></level></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-167-6-a"><num>(a)</num><content><p>require the recipient to monitor or assess whether or how particular goods or services are being procured or used in connection with the promotion or arrangements,</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-167-6-b"><num>(b)</num><content><p>restrict the provision of services that provide access to the internet, or</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-167-6-c"><num>(c)</num><content><p>restrict the provision of legal or auditing services.</p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-167-7"><num>(7)</num><content><p>An authorised officer of Revenue and Customs may withdraw a promoter action notice.</p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-167-8"><num>(8)</num><content><p>The recipient is not liable in damages in respect of anything done, or omitted to be done, in good faith for the purposes of complying with a promoter action notice.</p></content></subsection>
<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-168"><num>168</num><heading>Preliminary notices</heading><subsection eId="section-168-1"><num>(1)</num><content><p>An authorised officer of Revenue and Customs may issue a notice to a person who the officer reasonably suspects is providing goods or services as described in <ref href="#section-167">section 167</ref><ref href="#section-167-1">(1)</ref>.</p></content></subsection><subsection eId="section-168-2"><num>(2)</num><intro><p>A notice under this section must—</p></intro><level class="para1" eId="section-168-2-a"><num>(a)</num><content><p>identify the target referred to in <ref href="#section-167">section 167</ref><ref href="#section-167-1">(1)</ref>;</p></content></level><level class="para1" eId="section-168-2-b"><num>(b)</num><content><p>give reasons for the suspicion referred to in <ref href="#section-168-1">subsection (1)</ref>;</p></content></level><level class="para1" eId="section-168-2-c"><num>(c)</num><content><p>allow the recipient of the notice a period of 30 days from the date of the notice to make representations to HMRC.</p></content></level></subsection><subsection eId="section-168-3"><num>(3)</num><content><p>A notice under this section may request information from the recipient.</p></content></subsection><subsection eId="section-168-4"><num>(4)</num><intro><p>A disclosure of information by the recipient in response to a request under <ref href="#section-168-3">subsection (3)</ref> does not breach—</p></intro><level class="para1" eId="section-168-4-a"><num>(a)</num><content><p>any obligation of confidence owed by the person making the disclosure, or</p></content></level><level class="para1" eId="section-168-4-b"><num>(b)</num><content><p>any other restriction on the disclosure of information (however imposed).</p></content></level></subsection><subsection eId="section-168-5"><num>(5)</num><intro><p>A person who receives a notice under this section may not disclose the existence or contents of the notice to—</p></intro><level class="para1" eId="section-168-5-a"><num>(a)</num><content><p>the target identified in the notice, or</p></content></level><level class="para1" eId="section-168-5-b"><num>(b)</num><content><p>any person who might reasonably be expected to disclose the existence or contents of the notice to the target.</p></content></level></subsection><subsection eId="section-168-6"><num>(6)</num><content><p>An authorised officer of Revenue and Customs may withdraw a notice under this section.</p></content></subsection></section>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-168-1"><num>(1)</num><content><p>An authorised officer of Revenue and Customs may issue a notice to a person who the officer reasonably suspects is providing goods or services as described in <ref href="#section-167">section 167</ref><ref href="#section-167-1">(1)</ref>.</p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-168-2"><num>(2)</num><intro><p>A notice under this section must—</p></intro><level class="para1" eId="section-168-2-a"><num>(a)</num><content><p>identify the target referred to in <ref href="#section-167">section 167</ref><ref href="#section-167-1">(1)</ref>;</p></content></level><level class="para1" eId="section-168-2-b"><num>(b)</num><content><p>give reasons for the suspicion referred to in <ref href="#section-168-1">subsection (1)</ref>;</p></content></level><level class="para1" eId="section-168-2-c"><num>(c)</num><content><p>allow the recipient of the notice a period of 30 days from the date of the notice to make representations to HMRC.</p></content></level></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-168-2-a"><num>(a)</num><content><p>identify the target referred to in <ref href="#section-167">section 167</ref><ref href="#section-167-1">(1)</ref>;</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-168-2-b"><num>(b)</num><content><p>give reasons for the suspicion referred to in <ref href="#section-168-1">subsection (1)</ref>;</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-168-2-c"><num>(c)</num><content><p>allow the recipient of the notice a period of 30 days from the date of the notice to make representations to HMRC.</p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-168-3"><num>(3)</num><content><p>A notice under this section may request information from the recipient.</p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-168-4"><num>(4)</num><intro><p>A disclosure of information by the recipient in response to a request under <ref href="#section-168-3">subsection (3)</ref> does not breach—</p></intro><level class="para1" eId="section-168-4-a"><num>(a)</num><content><p>any obligation of confidence owed by the person making the disclosure, or</p></content></level><level class="para1" eId="section-168-4-b"><num>(b)</num><content><p>any other restriction on the disclosure of information (however imposed).</p></content></level></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-168-4-a"><num>(a)</num><content><p>any obligation of confidence owed by the person making the disclosure, or</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-168-4-b"><num>(b)</num><content><p>any other restriction on the disclosure of information (however imposed).</p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-168-5"><num>(5)</num><intro><p>A person who receives a notice under this section may not disclose the existence or contents of the notice to—</p></intro><level class="para1" eId="section-168-5-a"><num>(a)</num><content><p>the target identified in the notice, or</p></content></level><level class="para1" eId="section-168-5-b"><num>(b)</num><content><p>any person who might reasonably be expected to disclose the existence or contents of the notice to the target.</p></content></level></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-168-5-a"><num>(a)</num><content><p>the target identified in the notice, or</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-168-5-b"><num>(b)</num><content><p>any person who might reasonably be expected to disclose the existence or contents of the notice to the target.</p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-168-6"><num>(6)</num><content><p>An authorised officer of Revenue and Customs may withdraw a notice under this section.</p></content></subsection>
<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-169"><num>169</num><heading>Disclosure of information by HMRC</heading><subsection eId="section-169-1"><num>(1)</num><intro><p>An authorised officer of Revenue and Customs may for the purposes of this Chapter disclose—</p></intro><level class="para1" eId="section-169-1-a"><num>(a)</num><content><p>information relating to the target identified in a promoter action notice to the recipient of the notice, or</p></content></level><level class="para1" eId="section-169-1-b"><num>(b)</num><content><p>information relating to the target identified in a notice issued under <ref href="#section-168">section 168</ref> (preliminary notices) to the recipient of the notice.</p></content></level></subsection><subsection eId="section-169-2"><num>(2)</num><intro><p>A person to whom an authorised officer of Revenue and Customs discloses information under <ref href="#section-245">this section</ref>—</p></intro><level class="para1" eId="section-169-2-a"><num>(a)</num><content><p>may use it only for the purpose for which it was disclosed, and</p></content></level><level class="para1" eId="section-169-2-b"><num>(b)</num><content><p>may not further disclose it without the consent of HMRC (which may be general or specific).</p></content></level></subsection><subsection eId="section-169-3"><num>(3)</num><intro><p>Where a person contravenes subsection <ref href="#section-245-2">(2)</ref><ref href="#section-245-2-b">(b)</ref> by disclosing information relating to a person whose identity—</p></intro><level class="para1" eId="section-169-3-a"><num>(a)</num><content><p>is specified in the disclosure, or</p></content></level><level class="para1" eId="section-169-3-b"><num>(b)</num><content><p>can be deduced from it,</p></content></level><wrapUp><p>section 19 of CRCA 2005 (offence of wrongful disclosure) applies in relation to the disclosure as it applies in relation to a disclosure in contravention of section 20(9) of that Act.</p></wrapUp></subsection><subsection eId="section-169-4"><num>(4)</num><content><p>Nothing in this section limits the circumstances in which information may be disclosed under section 18(2) of CRCA 2005 or under any other enactment or rule of law.</p></content></subsection></section>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-169-1"><num>(1)</num><intro><p>An authorised officer of Revenue and Customs may for the purposes of this Chapter disclose—</p></intro><level class="para1" eId="section-169-1-a"><num>(a)</num><content><p>information relating to the target identified in a promoter action notice to the recipient of the notice, or</p></content></level><level class="para1" eId="section-169-1-b"><num>(b)</num><content><p>information relating to the target identified in a notice issued under <ref href="#section-168">section 168</ref> (preliminary notices) to the recipient of the notice.</p></content></level></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-169-1-a"><num>(a)</num><content><p>information relating to the target identified in a promoter action notice to the recipient of the notice, or</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-169-1-b"><num>(b)</num><content><p>information relating to the target identified in a notice issued under <ref href="#section-168">section 168</ref> (preliminary notices) to the recipient of the notice.</p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-169-2"><num>(2)</num><intro><p>A person to whom an authorised officer of Revenue and Customs discloses information under <ref href="#section-245">this section</ref>—</p></intro><level class="para1" eId="section-169-2-a"><num>(a)</num><content><p>may use it only for the purpose for which it was disclosed, and</p></content></level><level class="para1" eId="section-169-2-b"><num>(b)</num><content><p>may not further disclose it without the consent of HMRC (which may be general or specific).</p></content></level></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-169-2-a"><num>(a)</num><content><p>may use it only for the purpose for which it was disclosed, and</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-169-2-b"><num>(b)</num><content><p>may not further disclose it without the consent of HMRC (which may be general or specific).</p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-169-3"><num>(3)</num><intro><p>Where a person contravenes subsection <ref href="#section-245-2">(2)</ref><ref href="#section-245-2-b">(b)</ref> by disclosing information relating to a person whose identity—</p></intro><level class="para1" eId="section-169-3-a"><num>(a)</num><content><p>is specified in the disclosure, or</p></content></level><level class="para1" eId="section-169-3-b"><num>(b)</num><content><p>can be deduced from it,</p></content></level><wrapUp><p>section 19 of CRCA 2005 (offence of wrongful disclosure) applies in relation to the disclosure as it applies in relation to a disclosure in contravention of section 20(9) of that Act.</p></wrapUp></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-169-3-a"><num>(a)</num><content><p>is specified in the disclosure, or</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-169-3-b"><num>(b)</num><content><p>can be deduced from it,</p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-169-4"><num>(4)</num><content><p>Nothing in this section limits the circumstances in which information may be disclosed under section 18(2) of CRCA 2005 or under any other enactment or rule of law.</p></content></subsection>
<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-170"><num>170</num><heading>Appeal against a decision to issue a promoter action notice</heading><subsection eId="section-170-1"><num>(1)</num><intro><p>A recipient of a promoter action notice may appeal to the tribunal against a decision to issue the notice on the grounds that—</p></intro><level class="para1" eId="section-170-1-a"><num>(a)</num><content><p>the recipient is not providing the goods or services specified in the notice to the target identified in the notice;</p></content></level><level class="para1" eId="section-170-1-b"><num>(b)</num><content><p>the goods or services are not being used wholly or partly in connection with the arrangements referred to in <ref href="#section-167">section 167</ref><ref href="#section-167-1">(1)</ref>.</p></content></level></subsection><subsection eId="section-170-2"><num>(2)</num><intro><p>Notice of an appeal must—</p></intro><level class="para1" eId="section-170-2-a"><num>(a)</num><content><p>state the ground of appeal, and</p></content></level><level class="para1" eId="section-170-2-b"><num>(b)</num><content><p>be given in writing to HMRC before the end of the period of 30 days beginning with the day on which the promoter action notice was issued.</p></content></level></subsection><subsection eId="section-170-3"><num>(3)</num><content><p>The provisions of Part 5 of TMA 1970 relating to appeals have effect in relation to appeals under this section as they have effect in relation to an appeal against an assessment to income tax.</p></content></subsection><subsection eId="section-170-4"><num>(4)</num><content><p>In this section, the “<term refersTo="#term-tribunal" eId="term-tribunal">tribunal</term>” means the First-tier Tribunal or, where determined by or under the Tribunal Procedure Rules, the Upper Tribunal.</p></content></subsection></section>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-170-1"><num>(1)</num><intro><p>A recipient of a promoter action notice may appeal to the tribunal against a decision to issue the notice on the grounds that—</p></intro><level class="para1" eId="section-170-1-a"><num>(a)</num><content><p>the recipient is not providing the goods or services specified in the notice to the target identified in the notice;</p></content></level><level class="para1" eId="section-170-1-b"><num>(b)</num><content><p>the goods or services are not being used wholly or partly in connection with the arrangements referred to in <ref href="#section-167">section 167</ref><ref href="#section-167-1">(1)</ref>.</p></content></level></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-170-1-a"><num>(a)</num><content><p>the recipient is not providing the goods or services specified in the notice to the target identified in the notice;</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-170-1-b"><num>(b)</num><content><p>the goods or services are not being used wholly or partly in connection with the arrangements referred to in <ref href="#section-167">section 167</ref><ref href="#section-167-1">(1)</ref>.</p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-170-2"><num>(2)</num><intro><p>Notice of an appeal must—</p></intro><level class="para1" eId="section-170-2-a"><num>(a)</num><content><p>state the ground of appeal, and</p></content></level><level class="para1" eId="section-170-2-b"><num>(b)</num><content><p>be given in writing to HMRC before the end of the period of 30 days beginning with the day on which the promoter action notice was issued.</p></content></level></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-170-2-a"><num>(a)</num><content><p>state the ground of appeal, and</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-170-2-b"><num>(b)</num><content><p>be given in writing to HMRC before the end of the period of 30 days beginning with the day on which the promoter action notice was issued.</p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-170-3"><num>(3)</num><content><p>The provisions of Part 5 of TMA 1970 relating to appeals have effect in relation to appeals under this section as they have effect in relation to an appeal against an assessment to income tax.</p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-170-4"><num>(4)</num><content><p>In this section, the “<term refersTo="#term-tribunal" eId="term-tribunal">tribunal</term>” means the First-tier Tribunal or, where determined by or under the Tribunal Procedure Rules, the Upper Tribunal.</p></content></subsection>
<hcontainer xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" name="crossheading" ukl:Name="Pblock" eId="part-6-chapter-2-crossheading-sanctions"><heading>Sanctions</heading><section eId="section-171"><num>171</num><heading>Civil penalties</heading><subsection eId="section-171-1"><num>(1)</num><intro><p>A recipient of a promoter action notice is liable to a penalty if the recipient—</p></intro><level class="para1" eId="section-171-1-a"><num>(a)</num><content><p>fails to comply with the notice, and</p></content></level><level class="para1" eId="section-171-1-b"><num>(b)</num><content><p>does so without reasonable excuse.</p></content></level></subsection><subsection eId="section-171-2"><num>(2)</num><content><p>The maximum penalty under this section is £1,000 for each day on which the recipient failed, without reasonable excuse, to comply with the notice.</p></content></subsection><subsection eId="section-171-3"><num>(3)</num><intro><p>Before imposing a penalty under this section, an authorised officer of Revenue and Customs must—</p></intro><level class="para1" eId="section-171-3-a"><num>(a)</num><content><p>notify the recipient of the fact that the authorised officer considers subsection (1) to apply, and</p></content></level><level class="para1" eId="section-171-3-b"><num>(b)</num><content><p>allow the recipient 30 days from the date of notification to make representations to HMRC.</p></content></level></subsection><subsection eId="section-171-4"><num>(4)</num><intro><p>In imposing a penalty under this section, an authorised officer of Revenue and Customs must have regard to—</p></intro><level class="para1" eId="section-171-4-a"><num>(a)</num><content><p>the likely cost to the recipient of complying with the notice;</p></content></level><level class="para1" eId="section-171-4-b"><num>(b)</num><content><p>any benefit for the recipient of not complying with the notice;</p></content></level><level class="para1" eId="section-171-4-c"><num>(c)</num><content><p>whether and to what extent the recipient cooperated with HMRC or made efforts to comply with the notice.</p></content></level></subsection><subsection eId="section-171-5"><num>(5)</num><content><p>A penalty imposed under this section is to be treated as a penalty determined under section 100(1) of TMA 1970.</p></content></subsection><subsection eId="section-171-6"><num>(6)</num><content><p>A penalty imposed under this section is to carry interest in accordance with section 101 of FA 2009.</p></content></subsection><subsection eId="section-171-7"><num>(7)</num><content><p><mod>In paragraph 5(6) of Schedule 13 to FA 2020 (joint and several liability of company directors etc) after paragraph (g) (inserted by <ref href="#section-162">section 162</ref><ref href="#section-162-8">(8)</ref>) insert—<quotedStructure startQuote="“" endQuote="”" uk:context="schedule" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="schedule" ukl:Format="double"><level class="para1"><num>(h)</num><content><p><ref href="#section-171">section 171</ref> of FA 2026 (promoter action notices: penalties).</p></content></level></quotedStructure></mod></p></content></subsection></section><section eId="section-172"><num>172</num><heading>Publication</heading><subsection eId="section-172-1"><num>(1)</num><intro><p>Subsection (2) applies if—</p></intro><level class="para1" eId="section-172-1-a"><num>(a)</num><content><p>a penalty under <ref href="#section-171">section 171</ref> has been imposed on a recipient of a promoter action notice, and</p></content></level><level class="para1" eId="section-172-1-b"><num>(b)</num><content><p>notice of appeal against the penalty can no longer be given or, if notice has been given, the appeal has been determined or withdrawn.</p></content></level></subsection><subsection eId="section-172-2"><num>(2)</num><intro><p>An authorised officer of Revenue and Customs may publish—</p></intro><level class="para1" eId="section-172-2-a"><num>(a)</num><content><p>the recipient’s name (including any trading name, previous name or pseudonym);</p></content></level><level class="para1" eId="section-172-2-b"><num>(b)</num><content><p>any address used by the recipient;</p></content></level><level class="para1" eId="section-172-2-c"><num>(c)</num><content><p>any other information that the authorised officer considers appropriate for the purposes of identifying the recipient or their business;</p></content></level><level class="para1" eId="section-172-2-d"><num>(d)</num><content><p>details of the recipient’s failure to comply;</p></content></level><level class="para1" eId="section-172-2-e"><num>(e)</num><content><p>details of the penalty imposed on the recipient under <ref href="#section-171">section 171</ref>.</p></content></level></subsection><subsection eId="section-172-3"><num>(3)</num><intro><p>Before publishing information under <ref href="#section-172">this section</ref>, an authorised officer of Revenue and Customs must—</p></intro><level class="para1" eId="section-172-3-a"><num>(a)</num><content><p>notify the recipient of their intention to publish, including the information that they intend to publish, and—</p></content></level><level class="para1" eId="section-172-3-b"><num>(b)</num><content><p>allow the recipient 30 days from the date of notification to make representations to HMRC.</p></content></level></subsection><subsection eId="section-172-4"><num>(4)</num><content><p>Information published under <ref href="#section-172">this section</ref> must be withdrawn no later than 12 months after its publication.</p></content></subsection><subsection eId="section-172-5"><num>(5)</num><content><p>Nothing in <ref href="#section-172">this section</ref> limits the circumstances in which information may be disclosed under <ref eId="c00194" href="https://www.legislation.gov.uk/ukpga/2005/11/section/18">section 18</ref><ref eId="c00195" href="https://www.legislation.gov.uk/ukpga/2005/11/section/18">(2)</ref> of <ref eId="c00196" href="https://www.legislation.gov.uk/ukpga/2005/11/contents">CRCA 2005</ref> or under any other enactment or rule of law.</p></content></subsection></section><section eId="section-173"><num>173</num><heading>Reporting to regulators etc</heading><subsection eId="section-173-1"><num>(1)</num><intro><p>This section applies if an authorised officer of Revenue and Customs considers that a recipient of a promoter action notice—</p></intro><level class="para1" eId="section-173-1-a"><num>(a)</num><content><p>failed to comply with the notice, and</p></content></level><level class="para1" eId="section-173-1-b"><num>(b)</num><content><p>did so without reasonable excuse.</p></content></level></subsection><subsection eId="section-173-2"><num>(2)</num><intro><p>An authorised officer of Revenue and Customs may, for the permitted purpose, disclose the following information to a regulator, representative body or trade body of the recipient—</p></intro><level class="para1" eId="section-173-2-a"><num>(a)</num><content><p>the recipient’s name (including any trading name, previous name or pseudonym);</p></content></level><level class="para1" eId="section-173-2-b"><num>(b)</num><content><p>any address used by the recipient;</p></content></level><level class="para1" eId="section-173-2-c"><num>(c)</num><content><p>any other information that the authorised officer considers appropriate for the purposes of identifying the recipient or their business;</p></content></level><level class="para1" eId="section-173-2-d"><num>(d)</num><content><p>details of the recipient’s failure to comply;</p></content></level><level class="para1" eId="section-173-2-e"><num>(e)</num><content><p>details of any penalty imposed on the recipient under <ref href="#section-171">section 171</ref>;</p></content></level><level class="para1" eId="section-173-2-f"><num>(f)</num><content><p>any other information that the authorised officer considers appropriate for the permitted purpose.</p></content></level></subsection><subsection eId="section-173-3"><num>(3)</num><intro><p>In this section, the “<term refersTo="#term-permitted-purpose" eId="term-permitted-purpose">permitted purpose</term>” means assisting the person to whom the information is disclosed in relation to—</p></intro><level class="para1" eId="section-173-3-a"><num>(a)</num><content><p>a current or future investigation into the failure referred to in subsection (1), or</p></content></level><level class="para1" eId="section-173-3-b"><num>(b)</num><content><p>any other action taken, or to be taken, by the person in relation to that failure.</p></content></level></subsection><subsection eId="section-173-4"><num>(4)</num><intro><p>Before disclosing information under <ref href="#section-172">this section</ref>, an authorised officer of Revenue and Customs must—</p></intro><level class="para1" eId="section-173-4-a"><num>(a)</num><intro><p>notify the recipient of their intention to disclose it, including—</p></intro><level class="para2" eId="section-173-4-a-i"><num>(i)</num><content><p>their reasons for considering that subsection (1) applies, and</p></content></level><level class="para2" eId="section-173-4-a-ii"><num>(ii)</num><content><p>the information that they intend to disclose, and</p></content></level></level><level class="para1" eId="section-173-4-b"><num>(b)</num><intro><p>allow the recipient 30 days from the date of notification to—</p></intro><level class="para2" eId="section-173-4-b-i"><num>(i)</num><content><p>comply with any requirements specified in the promoter action notice, or</p></content></level><level class="para2" eId="section-173-4-b-ii"><num>(ii)</num><content><p>make representations to HMRC.</p></content></level></level></subsection><subsection eId="section-173-5"><num>(5)</num><intro><p>A person to whom an authorised officer of Revenue and Customs discloses information under <ref href="#section-245">this section</ref>—</p></intro><level class="para1" eId="section-173-5-a"><num>(a)</num><content><p>may use it only for the purpose for which it was disclosed, and</p></content></level><level class="para1" eId="section-173-5-b"><num>(b)</num><content><p>may not further disclose it without the consent of HMRC (which may be general or specific).</p></content></level></subsection><subsection eId="section-173-6"><num>(6)</num><intro><p>Where a person contravenes subsection <ref href="#section-173-5">(5)</ref><ref href="#section-173-5-b">(b)</ref> by disclosing information relating to a person whose identity—</p></intro><level class="para1" eId="section-173-6-a"><num>(a)</num><content><p>is specified in the disclosure, or</p></content></level><level class="para1" eId="section-173-6-b"><num>(b)</num><content><p>can be deduced from it,</p></content></level><wrapUp><p>section 19 of CRCA 2005 (offence of wrongful disclosure) applies in relation to the disclosure as it applies in relation to a disclosure in contravention of section 20(9) of that Act.</p></wrapUp></subsection><subsection eId="section-173-7"><num>(7)</num><content><p>Nothing in this section limits the circumstances in which information may be disclosed under section 18(2) of CRCA 2005 or under any other enactment or rule of law.</p></content></subsection></section><section eId="section-174"><num>174</num><heading>Extension of time periods</heading><content><p>For the purposes of <span><ref href="#section-171">sections 171</ref> and <ref href="#section-173">173</ref></span>, a failure of a person to do anything within a limited period of time is to be disregarded if the person did the thing within such further period of time, if any, as an officer of Revenue and Customs allowed.</p></content></section><section eId="section-175"><num>175</num><heading>Reasonable excuse</heading><intro><p>For the purposes of <span><ref href="#section-171">sections 171</ref> and <ref href="#section-173">173</ref></span>—</p></intro><level class="para1" eId="section-175-a"><num>(a)</num><content><p>an insufficiency of funds is not a reasonable excuse unless attributable to events outside the person’s control,</p></content></level><level class="para1" eId="section-175-b"><num>(b)</num><content><p>if the person relies on any other person to do anything, that is not a reasonable excuse unless the first person took reasonable care to avoid the failure,</p></content></level><level class="para1" eId="section-175-c"><num>(c)</num><content><p>if the person had a reasonable excuse for the failure but the excuse has ceased, the person is to be treated as having continued to have the excuse if the failure is remedied without unreasonable delay after the excuse ceased, and</p></content></level><level class="para1" eId="section-175-d"><num>(d)</num><intro><p>reliance on legal advice is to be taken automatically not to constitute a reasonable excuse if either—</p></intro><level class="para2" eId="section-175-d-i"><num>(i)</num><content><p>the advice was not based on a full and accurate description of the facts, or</p></content></level><level class="para2" eId="section-175-d-ii"><num>(ii)</num><content><p>the conclusions in the advice that the person relied upon were unreasonable.</p></content></level></level></section></hcontainer>
<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="section-171"><num>171</num><heading>Civil penalties</heading><subsection eId="section-171-1"><num>(1)</num><intro><p>A recipient of a promoter action notice is liable to a penalty if the recipient—</p></intro><level class="para1" eId="section-171-1-a"><num>(a)</num><content><p>fails to comply with the notice, and</p></content></level><level class="para1" eId="section-171-1-b"><num>(b)</num><content><p>does so without reasonable excuse.</p></content></level></subsection><subsection eId="section-171-2"><num>(2)</num><content><p>The maximum penalty under this section is £1,000 for each day on which the recipient failed, without reasonable excuse, to comply with the notice.</p></content></subsection><subsection eId="section-171-3"><num>(3)</num><intro><p>Before imposing a penalty under this section, an authorised officer of Revenue and Customs must—</p></intro><level class="para1" eId="section-171-3-a"><num>(a)</num><content><p>notify the recipient of the fact that the authorised officer considers subsection (1) to apply, and</p></content></level><level class="para1" eId="section-171-3-b"><num>(b)</num><content><p>allow the recipient 30 days from the date of notification to make representations to HMRC.</p></content></level></subsection><subsection eId="section-171-4"><num>(4)</num><intro><p>In imposing a penalty under this section, an authorised officer of Revenue and Customs must have regard to—</p></intro><level class="para1" eId="section-171-4-a"><num>(a)</num><content><p>the likely cost to the recipient of complying with the notice;</p></content></level><level class="para1" eId="section-171-4-b"><num>(b)</num><content><p>any benefit for the recipient of not complying with the notice;</p></content></level><level class="para1" eId="section-171-4-c"><num>(c)</num><content><p>whether and to what extent the recipient cooperated with HMRC or made efforts to comply with the notice.</p></content></level></subsection><subsection eId="section-171-5"><num>(5)</num><content><p>A penalty imposed under this section is to be treated as a penalty determined under section 100(1) of TMA 1970.</p></content></subsection><subsection eId="section-171-6"><num>(6)</num><content><p>A penalty imposed under this section is to carry interest in accordance with section 101 of FA 2009.</p></content></subsection><subsection eId="section-171-7"><num>(7)</num><content><p><mod>In paragraph 5(6) of Schedule 13 to FA 2020 (joint and several liability of company directors etc) after paragraph (g) (inserted by <ref href="#section-162">section 162</ref><ref href="#section-162-8">(8)</ref>) insert—<quotedStructure startQuote="“" endQuote="”" uk:context="schedule" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="schedule" ukl:Format="double"><level class="para1"><num>(h)</num><content><p><ref href="#section-171">section 171</ref> of FA 2026 (promoter action notices: penalties).</p></content></level></quotedStructure></mod></p></content></subsection></section>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-171-1"><num>(1)</num><intro><p>A recipient of a promoter action notice is liable to a penalty if the recipient—</p></intro><level class="para1" eId="section-171-1-a"><num>(a)</num><content><p>fails to comply with the notice, and</p></content></level><level class="para1" eId="section-171-1-b"><num>(b)</num><content><p>does so without reasonable excuse.</p></content></level></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-171-1-a"><num>(a)</num><content><p>fails to comply with the notice, and</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-171-1-b"><num>(b)</num><content><p>does so without reasonable excuse.</p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-171-2"><num>(2)</num><content><p>The maximum penalty under this section is £1,000 for each day on which the recipient failed, without reasonable excuse, to comply with the notice.</p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-171-3"><num>(3)</num><intro><p>Before imposing a penalty under this section, an authorised officer of Revenue and Customs must—</p></intro><level class="para1" eId="section-171-3-a"><num>(a)</num><content><p>notify the recipient of the fact that the authorised officer considers subsection (1) to apply, and</p></content></level><level class="para1" eId="section-171-3-b"><num>(b)</num><content><p>allow the recipient 30 days from the date of notification to make representations to HMRC.</p></content></level></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-171-3-a"><num>(a)</num><content><p>notify the recipient of the fact that the authorised officer considers subsection (1) to apply, and</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-171-3-b"><num>(b)</num><content><p>allow the recipient 30 days from the date of notification to make representations to HMRC.</p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-171-4"><num>(4)</num><intro><p>In imposing a penalty under this section, an authorised officer of Revenue and Customs must have regard to—</p></intro><level class="para1" eId="section-171-4-a"><num>(a)</num><content><p>the likely cost to the recipient of complying with the notice;</p></content></level><level class="para1" eId="section-171-4-b"><num>(b)</num><content><p>any benefit for the recipient of not complying with the notice;</p></content></level><level class="para1" eId="section-171-4-c"><num>(c)</num><content><p>whether and to what extent the recipient cooperated with HMRC or made efforts to comply with the notice.</p></content></level></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-171-4-a"><num>(a)</num><content><p>the likely cost to the recipient of complying with the notice;</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-171-4-b"><num>(b)</num><content><p>any benefit for the recipient of not complying with the notice;</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-171-4-c"><num>(c)</num><content><p>whether and to what extent the recipient cooperated with HMRC or made efforts to comply with the notice.</p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-171-5"><num>(5)</num><content><p>A penalty imposed under this section is to be treated as a penalty determined under section 100(1) of TMA 1970.</p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-171-6"><num>(6)</num><content><p>A penalty imposed under this section is to carry interest in accordance with section 101 of FA 2009.</p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="section-171-7"><num>(7)</num><content><p><mod>In paragraph 5(6) of Schedule 13 to FA 2020 (joint and several liability of company directors etc) after paragraph (g) (inserted by <ref href="#section-162">section 162</ref><ref href="#section-162-8">(8)</ref>) insert—<quotedStructure startQuote="“" endQuote="”" uk:context="schedule" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="schedule" ukl:Format="double"><level class="para1"><num>(h)</num><content><p><ref href="#section-171">section 171</ref> of FA 2026 (promoter action notices: penalties).</p></content></level></quotedStructure></mod></p></content></subsection>
<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-172"><num>172</num><heading>Publication</heading><subsection eId="section-172-1"><num>(1)</num><intro><p>Subsection (2) applies if—</p></intro><level class="para1" eId="section-172-1-a"><num>(a)</num><content><p>a penalty under <ref href="#section-171">section 171</ref> has been imposed on a recipient of a promoter action notice, and</p></content></level><level class="para1" eId="section-172-1-b"><num>(b)</num><content><p>notice of appeal against the penalty can no longer be given or, if notice has been given, the appeal has been determined or withdrawn.</p></content></level></subsection><subsection eId="section-172-2"><num>(2)</num><intro><p>An authorised officer of Revenue and Customs may publish—</p></intro><level class="para1" eId="section-172-2-a"><num>(a)</num><content><p>the recipient’s name (including any trading name, previous name or pseudonym);</p></content></level><level class="para1" eId="section-172-2-b"><num>(b)</num><content><p>any address used by the recipient;</p></content></level><level class="para1" eId="section-172-2-c"><num>(c)</num><content><p>any other information that the authorised officer considers appropriate for the purposes of identifying the recipient or their business;</p></content></level><level class="para1" eId="section-172-2-d"><num>(d)</num><content><p>details of the recipient’s failure to comply;</p></content></level><level class="para1" eId="section-172-2-e"><num>(e)</num><content><p>details of the penalty imposed on the recipient under <ref href="#section-171">section 171</ref>.</p></content></level></subsection><subsection eId="section-172-3"><num>(3)</num><intro><p>Before publishing information under <ref href="#section-172">this section</ref>, an authorised officer of Revenue and Customs must—</p></intro><level class="para1" eId="section-172-3-a"><num>(a)</num><content><p>notify the recipient of their intention to publish, including the information that they intend to publish, and—</p></content></level><level class="para1" eId="section-172-3-b"><num>(b)</num><content><p>allow the recipient 30 days from the date of notification to make representations to HMRC.</p></content></level></subsection><subsection eId="section-172-4"><num>(4)</num><content><p>Information published under <ref href="#section-172">this section</ref> must be withdrawn no later than 12 months after its publication.</p></content></subsection><subsection eId="section-172-5"><num>(5)</num><content><p>Nothing in <ref href="#section-172">this section</ref> limits the circumstances in which information may be disclosed under <ref eId="c00194" href="https://www.legislation.gov.uk/ukpga/2005/11/section/18">section 18</ref><ref eId="c00195" href="https://www.legislation.gov.uk/ukpga/2005/11/section/18">(2)</ref> of <ref eId="c00196" href="https://www.legislation.gov.uk/ukpga/2005/11/contents">CRCA 2005</ref> or under any other enactment or rule of law.</p></content></subsection></section>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-172-1"><num>(1)</num><intro><p>Subsection (2) applies if—</p></intro><level class="para1" eId="section-172-1-a"><num>(a)</num><content><p>a penalty under <ref href="#section-171">section 171</ref> has been imposed on a recipient of a promoter action notice, and</p></content></level><level class="para1" eId="section-172-1-b"><num>(b)</num><content><p>notice of appeal against the penalty can no longer be given or, if notice has been given, the appeal has been determined or withdrawn.</p></content></level></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-172-1-a"><num>(a)</num><content><p>a penalty under <ref href="#section-171">section 171</ref> has been imposed on a recipient of a promoter action notice, and</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-172-1-b"><num>(b)</num><content><p>notice of appeal against the penalty can no longer be given or, if notice has been given, the appeal has been determined or withdrawn.</p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-172-2"><num>(2)</num><intro><p>An authorised officer of Revenue and Customs may publish—</p></intro><level class="para1" eId="section-172-2-a"><num>(a)</num><content><p>the recipient’s name (including any trading name, previous name or pseudonym);</p></content></level><level class="para1" eId="section-172-2-b"><num>(b)</num><content><p>any address used by the recipient;</p></content></level><level class="para1" eId="section-172-2-c"><num>(c)</num><content><p>any other information that the authorised officer considers appropriate for the purposes of identifying the recipient or their business;</p></content></level><level class="para1" eId="section-172-2-d"><num>(d)</num><content><p>details of the recipient’s failure to comply;</p></content></level><level class="para1" eId="section-172-2-e"><num>(e)</num><content><p>details of the penalty imposed on the recipient under <ref href="#section-171">section 171</ref>.</p></content></level></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-172-2-a"><num>(a)</num><content><p>the recipient’s name (including any trading name, previous name or pseudonym);</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-172-2-b"><num>(b)</num><content><p>any address used by the recipient;</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-172-2-c"><num>(c)</num><content><p>any other information that the authorised officer considers appropriate for the purposes of identifying the recipient or their business;</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-172-2-d"><num>(d)</num><content><p>details of the recipient’s failure to comply;</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-172-2-e"><num>(e)</num><content><p>details of the penalty imposed on the recipient under <ref href="#section-171">section 171</ref>.</p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-172-3"><num>(3)</num><intro><p>Before publishing information under <ref href="#section-172">this section</ref>, an authorised officer of Revenue and Customs must—</p></intro><level class="para1" eId="section-172-3-a"><num>(a)</num><content><p>notify the recipient of their intention to publish, including the information that they intend to publish, and—</p></content></level><level class="para1" eId="section-172-3-b"><num>(b)</num><content><p>allow the recipient 30 days from the date of notification to make representations to HMRC.</p></content></level></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-172-3-a"><num>(a)</num><content><p>notify the recipient of their intention to publish, including the information that they intend to publish, and—</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-172-3-b"><num>(b)</num><content><p>allow the recipient 30 days from the date of notification to make representations to HMRC.</p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-172-4"><num>(4)</num><content><p>Information published under <ref href="#section-172">this section</ref> must be withdrawn no later than 12 months after its publication.</p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-172-5"><num>(5)</num><content><p>Nothing in <ref href="#section-172">this section</ref> limits the circumstances in which information may be disclosed under <ref eId="c00194" href="https://www.legislation.gov.uk/ukpga/2005/11/section/18">section 18</ref><ref eId="c00195" href="https://www.legislation.gov.uk/ukpga/2005/11/section/18">(2)</ref> of <ref eId="c00196" href="https://www.legislation.gov.uk/ukpga/2005/11/contents">CRCA 2005</ref> or under any other enactment or rule of law.</p></content></subsection>
<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-173"><num>173</num><heading>Reporting to regulators etc</heading><subsection eId="section-173-1"><num>(1)</num><intro><p>This section applies if an authorised officer of Revenue and Customs considers that a recipient of a promoter action notice—</p></intro><level class="para1" eId="section-173-1-a"><num>(a)</num><content><p>failed to comply with the notice, and</p></content></level><level class="para1" eId="section-173-1-b"><num>(b)</num><content><p>did so without reasonable excuse.</p></content></level></subsection><subsection eId="section-173-2"><num>(2)</num><intro><p>An authorised officer of Revenue and Customs may, for the permitted purpose, disclose the following information to a regulator, representative body or trade body of the recipient—</p></intro><level class="para1" eId="section-173-2-a"><num>(a)</num><content><p>the recipient’s name (including any trading name, previous name or pseudonym);</p></content></level><level class="para1" eId="section-173-2-b"><num>(b)</num><content><p>any address used by the recipient;</p></content></level><level class="para1" eId="section-173-2-c"><num>(c)</num><content><p>any other information that the authorised officer considers appropriate for the purposes of identifying the recipient or their business;</p></content></level><level class="para1" eId="section-173-2-d"><num>(d)</num><content><p>details of the recipient’s failure to comply;</p></content></level><level class="para1" eId="section-173-2-e"><num>(e)</num><content><p>details of any penalty imposed on the recipient under <ref href="#section-171">section 171</ref>;</p></content></level><level class="para1" eId="section-173-2-f"><num>(f)</num><content><p>any other information that the authorised officer considers appropriate for the permitted purpose.</p></content></level></subsection><subsection eId="section-173-3"><num>(3)</num><intro><p>In this section, the “<term refersTo="#term-permitted-purpose" eId="term-permitted-purpose">permitted purpose</term>” means assisting the person to whom the information is disclosed in relation to—</p></intro><level class="para1" eId="section-173-3-a"><num>(a)</num><content><p>a current or future investigation into the failure referred to in subsection (1), or</p></content></level><level class="para1" eId="section-173-3-b"><num>(b)</num><content><p>any other action taken, or to be taken, by the person in relation to that failure.</p></content></level></subsection><subsection eId="section-173-4"><num>(4)</num><intro><p>Before disclosing information under <ref href="#section-172">this section</ref>, an authorised officer of Revenue and Customs must—</p></intro><level class="para1" eId="section-173-4-a"><num>(a)</num><intro><p>notify the recipient of their intention to disclose it, including—</p></intro><level class="para2" eId="section-173-4-a-i"><num>(i)</num><content><p>their reasons for considering that subsection (1) applies, and</p></content></level><level class="para2" eId="section-173-4-a-ii"><num>(ii)</num><content><p>the information that they intend to disclose, and</p></content></level></level><level class="para1" eId="section-173-4-b"><num>(b)</num><intro><p>allow the recipient 30 days from the date of notification to—</p></intro><level class="para2" eId="section-173-4-b-i"><num>(i)</num><content><p>comply with any requirements specified in the promoter action notice, or</p></content></level><level class="para2" eId="section-173-4-b-ii"><num>(ii)</num><content><p>make representations to HMRC.</p></content></level></level></subsection><subsection eId="section-173-5"><num>(5)</num><intro><p>A person to whom an authorised officer of Revenue and Customs discloses information under <ref href="#section-245">this section</ref>—</p></intro><level class="para1" eId="section-173-5-a"><num>(a)</num><content><p>may use it only for the purpose for which it was disclosed, and</p></content></level><level class="para1" eId="section-173-5-b"><num>(b)</num><content><p>may not further disclose it without the consent of HMRC (which may be general or specific).</p></content></level></subsection><subsection eId="section-173-6"><num>(6)</num><intro><p>Where a person contravenes subsection <ref href="#section-173-5">(5)</ref><ref href="#section-173-5-b">(b)</ref> by disclosing information relating to a person whose identity—</p></intro><level class="para1" eId="section-173-6-a"><num>(a)</num><content><p>is specified in the disclosure, or</p></content></level><level class="para1" eId="section-173-6-b"><num>(b)</num><content><p>can be deduced from it,</p></content></level><wrapUp><p>section 19 of CRCA 2005 (offence of wrongful disclosure) applies in relation to the disclosure as it applies in relation to a disclosure in contravention of section 20(9) of that Act.</p></wrapUp></subsection><subsection eId="section-173-7"><num>(7)</num><content><p>Nothing in this section limits the circumstances in which information may be disclosed under section 18(2) of CRCA 2005 or under any other enactment or rule of law.</p></content></subsection></section>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-173-1"><num>(1)</num><intro><p>This section applies if an authorised officer of Revenue and Customs considers that a recipient of a promoter action notice—</p></intro><level class="para1" eId="section-173-1-a"><num>(a)</num><content><p>failed to comply with the notice, and</p></content></level><level class="para1" eId="section-173-1-b"><num>(b)</num><content><p>did so without reasonable excuse.</p></content></level></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-173-1-a"><num>(a)</num><content><p>failed to comply with the notice, and</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-173-1-b"><num>(b)</num><content><p>did so without reasonable excuse.</p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-173-2"><num>(2)</num><intro><p>An authorised officer of Revenue and Customs may, for the permitted purpose, disclose the following information to a regulator, representative body or trade body of the recipient—</p></intro><level class="para1" eId="section-173-2-a"><num>(a)</num><content><p>the recipient’s name (including any trading name, previous name or pseudonym);</p></content></level><level class="para1" eId="section-173-2-b"><num>(b)</num><content><p>any address used by the recipient;</p></content></level><level class="para1" eId="section-173-2-c"><num>(c)</num><content><p>any other information that the authorised officer considers appropriate for the purposes of identifying the recipient or their business;</p></content></level><level class="para1" eId="section-173-2-d"><num>(d)</num><content><p>details of the recipient’s failure to comply;</p></content></level><level class="para1" eId="section-173-2-e"><num>(e)</num><content><p>details of any penalty imposed on the recipient under <ref href="#section-171">section 171</ref>;</p></content></level><level class="para1" eId="section-173-2-f"><num>(f)</num><content><p>any other information that the authorised officer considers appropriate for the permitted purpose.</p></content></level></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-173-2-a"><num>(a)</num><content><p>the recipient’s name (including any trading name, previous name or pseudonym);</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-173-2-b"><num>(b)</num><content><p>any address used by the recipient;</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-173-2-c"><num>(c)</num><content><p>any other information that the authorised officer considers appropriate for the purposes of identifying the recipient or their business;</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-173-2-d"><num>(d)</num><content><p>details of the recipient’s failure to comply;</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-173-2-e"><num>(e)</num><content><p>details of any penalty imposed on the recipient under <ref href="#section-171">section 171</ref>;</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-173-2-f"><num>(f)</num><content><p>any other information that the authorised officer considers appropriate for the permitted purpose.</p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-173-3"><num>(3)</num><intro><p>In this section, the “<term refersTo="#term-permitted-purpose" eId="term-permitted-purpose">permitted purpose</term>” means assisting the person to whom the information is disclosed in relation to—</p></intro><level class="para1" eId="section-173-3-a"><num>(a)</num><content><p>a current or future investigation into the failure referred to in subsection (1), or</p></content></level><level class="para1" eId="section-173-3-b"><num>(b)</num><content><p>any other action taken, or to be taken, by the person in relation to that failure.</p></content></level></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-173-3-a"><num>(a)</num><content><p>a current or future investigation into the failure referred to in subsection (1), or</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-173-3-b"><num>(b)</num><content><p>any other action taken, or to be taken, by the person in relation to that failure.</p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-173-4"><num>(4)</num><intro><p>Before disclosing information under <ref href="#section-172">this section</ref>, an authorised officer of Revenue and Customs must—</p></intro><level class="para1" eId="section-173-4-a"><num>(a)</num><intro><p>notify the recipient of their intention to disclose it, including—</p></intro><level class="para2" eId="section-173-4-a-i"><num>(i)</num><content><p>their reasons for considering that subsection (1) applies, and</p></content></level><level class="para2" eId="section-173-4-a-ii"><num>(ii)</num><content><p>the information that they intend to disclose, and</p></content></level></level><level class="para1" eId="section-173-4-b"><num>(b)</num><intro><p>allow the recipient 30 days from the date of notification to—</p></intro><level class="para2" eId="section-173-4-b-i"><num>(i)</num><content><p>comply with any requirements specified in the promoter action notice, or</p></content></level><level class="para2" eId="section-173-4-b-ii"><num>(ii)</num><content><p>make representations to HMRC.</p></content></level></level></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-173-4-a"><num>(a)</num><intro><p>notify the recipient of their intention to disclose it, including—</p></intro><level class="para2" eId="section-173-4-a-i"><num>(i)</num><content><p>their reasons for considering that subsection (1) applies, and</p></content></level><level class="para2" eId="section-173-4-a-ii"><num>(ii)</num><content><p>the information that they intend to disclose, and</p></content></level></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para2" eId="section-173-4-a-i"><num>(i)</num><content><p>their reasons for considering that subsection (1) applies, and</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para2" eId="section-173-4-a-ii"><num>(ii)</num><content><p>the information that they intend to disclose, and</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-173-4-b"><num>(b)</num><intro><p>allow the recipient 30 days from the date of notification to—</p></intro><level class="para2" eId="section-173-4-b-i"><num>(i)</num><content><p>comply with any requirements specified in the promoter action notice, or</p></content></level><level class="para2" eId="section-173-4-b-ii"><num>(ii)</num><content><p>make representations to HMRC.</p></content></level></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para2" eId="section-173-4-b-i"><num>(i)</num><content><p>comply with any requirements specified in the promoter action notice, or</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para2" eId="section-173-4-b-ii"><num>(ii)</num><content><p>make representations to HMRC.</p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-173-5"><num>(5)</num><intro><p>A person to whom an authorised officer of Revenue and Customs discloses information under <ref href="#section-245">this section</ref>—</p></intro><level class="para1" eId="section-173-5-a"><num>(a)</num><content><p>may use it only for the purpose for which it was disclosed, and</p></content></level><level class="para1" eId="section-173-5-b"><num>(b)</num><content><p>may not further disclose it without the consent of HMRC (which may be general or specific).</p></content></level></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-173-5-a"><num>(a)</num><content><p>may use it only for the purpose for which it was disclosed, and</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-173-5-b"><num>(b)</num><content><p>may not further disclose it without the consent of HMRC (which may be general or specific).</p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-173-6"><num>(6)</num><intro><p>Where a person contravenes subsection <ref href="#section-173-5">(5)</ref><ref href="#section-173-5-b">(b)</ref> by disclosing information relating to a person whose identity—</p></intro><level class="para1" eId="section-173-6-a"><num>(a)</num><content><p>is specified in the disclosure, or</p></content></level><level class="para1" eId="section-173-6-b"><num>(b)</num><content><p>can be deduced from it,</p></content></level><wrapUp><p>section 19 of CRCA 2005 (offence of wrongful disclosure) applies in relation to the disclosure as it applies in relation to a disclosure in contravention of section 20(9) of that Act.</p></wrapUp></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-173-6-a"><num>(a)</num><content><p>is specified in the disclosure, or</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-173-6-b"><num>(b)</num><content><p>can be deduced from it,</p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-173-7"><num>(7)</num><content><p>Nothing in this section limits the circumstances in which information may be disclosed under section 18(2) of CRCA 2005 or under any other enactment or rule of law.</p></content></subsection>
<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-174"><num>174</num><heading>Extension of time periods</heading><content><p>For the purposes of <span><ref href="#section-171">sections 171</ref> and <ref href="#section-173">173</ref></span>, a failure of a person to do anything within a limited period of time is to be disregarded if the person did the thing within such further period of time, if any, as an officer of Revenue and Customs allowed.</p></content></section>
<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-175"><num>175</num><heading>Reasonable excuse</heading><intro><p>For the purposes of <span><ref href="#section-171">sections 171</ref> and <ref href="#section-173">173</ref></span>—</p></intro><level class="para1" eId="section-175-a"><num>(a)</num><content><p>an insufficiency of funds is not a reasonable excuse unless attributable to events outside the person’s control,</p></content></level><level class="para1" eId="section-175-b"><num>(b)</num><content><p>if the person relies on any other person to do anything, that is not a reasonable excuse unless the first person took reasonable care to avoid the failure,</p></content></level><level class="para1" eId="section-175-c"><num>(c)</num><content><p>if the person had a reasonable excuse for the failure but the excuse has ceased, the person is to be treated as having continued to have the excuse if the failure is remedied without unreasonable delay after the excuse ceased, and</p></content></level><level class="para1" eId="section-175-d"><num>(d)</num><intro><p>reliance on legal advice is to be taken automatically not to constitute a reasonable excuse if either—</p></intro><level class="para2" eId="section-175-d-i"><num>(i)</num><content><p>the advice was not based on a full and accurate description of the facts, or</p></content></level><level class="para2" eId="section-175-d-ii"><num>(ii)</num><content><p>the conclusions in the advice that the person relied upon were unreasonable.</p></content></level></level></section>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-175-a"><num>(a)</num><content><p>an insufficiency of funds is not a reasonable excuse unless attributable to events outside the person’s control,</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-175-b"><num>(b)</num><content><p>if the person relies on any other person to do anything, that is not a reasonable excuse unless the first person took reasonable care to avoid the failure,</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-175-c"><num>(c)</num><content><p>if the person had a reasonable excuse for the failure but the excuse has ceased, the person is to be treated as having continued to have the excuse if the failure is remedied without unreasonable delay after the excuse ceased, and</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-175-d"><num>(d)</num><intro><p>reliance on legal advice is to be taken automatically not to constitute a reasonable excuse if either—</p></intro><level class="para2" eId="section-175-d-i"><num>(i)</num><content><p>the advice was not based on a full and accurate description of the facts, or</p></content></level><level class="para2" eId="section-175-d-ii"><num>(ii)</num><content><p>the conclusions in the advice that the person relied upon were unreasonable.</p></content></level></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para2" eId="section-175-d-i"><num>(i)</num><content><p>the advice was not based on a full and accurate description of the facts, or</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para2" eId="section-175-d-ii"><num>(ii)</num><content><p>the conclusions in the advice that the person relied upon were unreasonable.</p></content></level>
<hcontainer xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" name="crossheading" ukl:Name="Pblock" eId="part-6-chapter-2-crossheading-general"><heading>General</heading><section eId="section-176"><num>176</num><heading>Interpretation</heading><intro><p>In <ref href="#part-6-chapter-2">this Chapter</ref>—</p></intro><hcontainer name="definition"><content><p>“<term refersTo="#term-arrangements" eId="term-arrangements">arrangements</term>” includes any agreement, scheme, arrangement or understanding of any kind whether or not legally enforceable involving one or more transactions, and includes a proposal for arrangements;</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-authorised-officer-of-revenue-and-customs" eId="term-authorised-officer-of-revenue-and-customs">authorised officer of Revenue and Customs</term>” means an officer of Revenue and Customs who is, or is a member of a class of officers who are, authorised by the Commissioners for the purpose of <ref href="#part-6-chapter-2">this Chapter</ref>;</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-certified-promoter" eId="term-certified-promoter">certified promoter</term>” has the meaning given in <ref href="#section-166">section 166</ref><ref href="#section-166-3">(3)</ref>;</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-commissioners" eId="term-commissioners">Commissioners</term>” means the Commissioners of His Majesty’s Revenue;</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-hmrc" eId="term-hmrc">HMRC</term>” means His Majesty’s Revenue and Customs;</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-promoter-action-notice" eId="term-promoter-action-notice">promoter action notice</term>” has the meaning given in <ref href="#section-167">section 167</ref><ref href="#section-167-2">(2)</ref>;</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-promotion" eId="term-promotion">promotion</term>” has the meaning it has in <ref eId="c00197" href="https://www.legislation.gov.uk/ukpga/2014/26/section/236B">section 236B</ref><ref eId="c00198" href="https://www.legislation.gov.uk/ukpga/2014/26/section/236B">(1)</ref> of <ref eId="c00199" href="https://www.legislation.gov.uk/ukpga/2014/26/contents">FA 2014</ref> (effect of stop notices) or <ref href="#section-159">section 159</ref> (prohibition of promotion of certain tax avoidance arrangements) (as the context requires).</p></content></hcontainer></section></hcontainer>
<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-176"><num>176</num><heading>Interpretation</heading><intro><p>In <ref href="#part-6-chapter-2">this Chapter</ref>—</p></intro><hcontainer name="definition"><content><p>“<term refersTo="#term-arrangements" eId="term-arrangements">arrangements</term>” includes any agreement, scheme, arrangement or understanding of any kind whether or not legally enforceable involving one or more transactions, and includes a proposal for arrangements;</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-authorised-officer-of-revenue-and-customs" eId="term-authorised-officer-of-revenue-and-customs">authorised officer of Revenue and Customs</term>” means an officer of Revenue and Customs who is, or is a member of a class of officers who are, authorised by the Commissioners for the purpose of <ref href="#part-6-chapter-2">this Chapter</ref>;</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-certified-promoter" eId="term-certified-promoter">certified promoter</term>” has the meaning given in <ref href="#section-166">section 166</ref><ref href="#section-166-3">(3)</ref>;</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-commissioners" eId="term-commissioners">Commissioners</term>” means the Commissioners of His Majesty’s Revenue;</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-hmrc" eId="term-hmrc">HMRC</term>” means His Majesty’s Revenue and Customs;</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-promoter-action-notice" eId="term-promoter-action-notice">promoter action notice</term>” has the meaning given in <ref href="#section-167">section 167</ref><ref href="#section-167-2">(2)</ref>;</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-promotion" eId="term-promotion">promotion</term>” has the meaning it has in <ref eId="c00197" href="https://www.legislation.gov.uk/ukpga/2014/26/section/236B">section 236B</ref><ref eId="c00198" href="https://www.legislation.gov.uk/ukpga/2014/26/section/236B">(1)</ref> of <ref eId="c00199" href="https://www.legislation.gov.uk/ukpga/2014/26/contents">FA 2014</ref> (effect of stop notices) or <ref href="#section-159">section 159</ref> (prohibition of promotion of certain tax avoidance arrangements) (as the context requires).</p></content></hcontainer></section>
<chapter xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="part-6-chapter-3"><num>Chapter 3</num><heading>Anti-avoidance information notices</heading><hcontainer name="crossheading" ukl:Name="Pblock" eId="part-6-chapter-3-crossheading-key-definitions"><heading>Key definitions</heading><section eId="section-177"><num>177</num><heading>Connected persons</heading><subsection eId="section-177-1"><num>(1)</num><intro><p>In this Chapter, a “<term refersTo="#term-connected-person" eId="term-connected-person">connected person</term>” means a person who an officer of Revenue and Customs reasonably suspects is or has been—</p></intro><level class="para1" eId="section-177-1-a"><num>(a)</num><content><p>contravening an anti-avoidance enactment,</p></content></level><level class="para1" eId="section-177-1-b"><num>(b)</num><content><p>connected to a person who is or has been contravening an anti-avoidance enactment, or</p></content></level><level class="para1" eId="section-177-1-c"><num>(c)</num><content><p>connected to arrangements by reference to which a person is or has been contravening an anti-avoidance enactment.</p></content></level></subsection><subsection eId="section-177-2"><num>(2)</num><intro><p>For the purposes of <ref href="#section-177-1">subsection (1)</ref><ref href="#section-177-1-b">(b)</ref>, two persons (“<term refersTo="#term-a" eId="term-a">A</term>” and “<term refersTo="#term-b" eId="term-b">B</term>”) are connected if—</p></intro><level class="para1" eId="section-177-2-a"><num>(a)</num><content><p>A is a director, manager, secretary or other officer or employee of B,</p></content></level><level class="para1" eId="section-177-2-b"><num>(b)</num><content><p>A is a member of, or partner in, B,</p></content></level><level class="para1" eId="section-177-2-c"><num>(c)</num><content><p>A is a trustee, settlor, beneficiary or administrator of a trust in respect of which B is a trustee, settlor, beneficiary or administrator, or</p></content></level><level class="para1" eId="section-177-2-d"><num>(d)</num><content><p>A is accustomed to acting in accordance with B’s directions or instructions.</p></content></level></subsection><subsection eId="section-177-3"><num>(3)</num><intro><p>For the purposes of <ref href="#section-177-1">subsection (1)</ref><ref href="#section-177-1-c">(c)</ref>, a person is connected to arrangements if the person is—</p></intro><level class="para1" eId="section-177-3-a"><num>(a)</num><content><p>to any extent involved in making the arrangements available for implementation by another person,</p></content></level><level class="para1" eId="section-177-3-b"><num>(b)</num><content><p>to any extent involved in the organisation or management of the arrangements, or</p></content></level><level class="para1" eId="section-177-3-c"><num>(c)</num><content><p>directly or indirectly benefiting from the arrangements.</p></content></level></subsection></section><section eId="section-178"><num>178</num><heading>Anti-avoidance enactments</heading><subsection eId="section-178-1"><num>(1)</num><intro><p>In <ref href="#part-6">this Chapter</ref>, an “<term refersTo="#term-anti-avoidance-enactment" eId="term-anti-avoidance-enactment">anti-avoidance enactment</term>” means—</p></intro><level class="para1" eId="section-178-1-a"><num>(a)</num><content><p><ref eId="c00200" href="https://www.legislation.gov.uk/ukpga/2004/12/part/7">Part 7</ref> of <ref eId="c00201" href="https://www.legislation.gov.uk/ukpga/2004/12/contents">FA 2004</ref> (disclosure of tax avoidance schemes);</p></content></level><level class="para1" eId="section-178-1-b"><num>(b)</num><content><p><ref eId="c00202" href="https://www.legislation.gov.uk/ukpga/2014/26/part/5">Part 5</ref> of <ref eId="c00203" href="https://www.legislation.gov.uk/ukpga/2014/26/contents">FA 2014</ref> (promoters of tax avoidance schemes);</p></content></level><level class="para1" eId="section-178-1-c"><num>(c)</num><content><p><ref eId="c00204" href="https://www.legislation.gov.uk/ukpga/2017/32/schedule/16">Schedule 16</ref> to <ref eId="c00205" href="https://www.legislation.gov.uk/ukpga/2017/32/contents">F(No.2)A 2017</ref> (penalties for enablers of defeated tax avoidance);</p></content></level><level class="para1" eId="section-178-1-d"><num>(d)</num><content><p><ref eId="c00206" href="https://www.legislation.gov.uk/ukpga/2017/32/schedule/17">Schedule 17</ref> to <ref eId="c00207" href="https://www.legislation.gov.uk/ukpga/2017/32/contents">F(No.2)A 2017</ref> (disclosure of tax avoidance schemes: VAT and other indirect taxes);</p></content></level><level class="para1" eId="section-178-1-e"><num>(e)</num><content><p>Chapter 1 of this Part (prohibition on promotion of certain tax avoidance arrangements).</p></content></level></subsection><subsection eId="section-178-2"><num>(2)</num><intro><p>And a reference to taking action under an anti-avoidance enactment includes a reference to taking action under—</p></intro><level class="para1" eId="section-178-2-a"><num>(a)</num><content><p><ref eId="c00208" href="https://www.legislation.gov.uk/ukpga/1986/46/section/8ZF">sections 8ZF</ref> and <ref eId="c00209" href="https://www.legislation.gov.uk/ukpga/1986/46/section/8ZG">8ZG</ref> of the <ref eId="c00210" href="https://www.legislation.gov.uk/ukpga/1986/46/contents">Company Directors Disqualification Act 1986</ref> (disqualification for promoting tax avoidance);</p></content></level><level class="para1" eId="section-178-2-b"><num>(b)</num><content><p><ref eId="c00211" href="https://www.legislation.gov.uk/ukpga/2020/14/schedule/13">Schedule 13</ref> to <ref eId="c00212" href="https://www.legislation.gov.uk/ukpga/2020/14/contents">FA 2020</ref> (joint and several liability);</p></content></level><level class="para1" eId="section-178-2-c"><num>(c)</num><content><p><ref eId="c00213" href="https://www.legislation.gov.uk/ukpga/2022/3/section/85">section 85</ref> of <ref eId="c00214" href="https://www.legislation.gov.uk/ukpga/2022/3/contents">FA 2022</ref> (winding up petitions by an officer of HMRC);</p></content></level><level class="para1" eId="section-178-2-d"><num>(d)</num><content><p><ref eId="c00215" href="https://www.legislation.gov.uk/ukpga/2022/3/section/86">section 86</ref> of <ref eId="c00216" href="https://www.legislation.gov.uk/ukpga/2022/3/contents">FA 2022</ref> (publication by HMRC of information about tax avoidance schemes);</p></content></level><level class="para1" eId="section-178-2-e"><num>(e)</num><content><p><ref eId="c00217" href="https://www.legislation.gov.uk/ukpga/2022/3/section/87">sections 87</ref>, <ref eId="c00218" href="https://www.legislation.gov.uk/ukpga/2022/3/section/88">88</ref> and <ref eId="c00219" href="https://www.legislation.gov.uk/ukpga/2022/3/section/89">89</ref> of <ref eId="c00220" href="https://www.legislation.gov.uk/ukpga/2022/3/contents">FA 2022</ref> (freezing orders etc);</p></content></level><level class="para1" eId="section-178-2-f"><num>(f)</num><content><p><ref eId="c00221" href="https://www.legislation.gov.uk/ukpga/2022/3/schedule/13">Schedule 13</ref> to <ref eId="c00222" href="https://www.legislation.gov.uk/ukpga/2022/3/contents">FA 2022</ref> (penalties for facilitating avoidance schemes involving non-resident promoters);</p></content></level><level class="para1" eId="section-178-2-g"><num>(g)</num><content><p>Chapter 2 of this Part (promoter action notices).</p></content></level></subsection></section></hcontainer><hcontainer name="crossheading" ukl:Name="Pblock" eId="part-6-chapter-3-crossheading-notices-by-type"><heading>Notices by type</heading><section eId="section-179"><num>179</num><heading>Information notices: connected persons</heading><subsection eId="section-179-1"><num>(1)</num><intro><p>An officer of Revenue and Customs may by notice require a connected person to provide information that is, in the opinion of the officer, reasonably required for the purposes of—</p></intro><level class="para1" eId="section-179-1-a"><num>(a)</num><content><p>monitoring the compliance of the connected person with an anti-avoidance enactment, or</p></content></level><level class="para1" eId="section-179-1-b"><num>(b)</num><content><p>HMRC taking, or considering whether HMRC could take, action against the connected person under an anti-avoidance enactment.</p></content></level></subsection><subsection eId="section-179-2"><num>(2)</num><content><p>An officer of Revenue and Customs may seek the approval of the tribunal before issuing a notice under <ref href="#section-179">this section</ref>.</p></content></subsection></section><section eId="section-180"><num>180</num><heading>Information notices: third parties</heading><subsection eId="section-180-1"><num>(1)</num><intro><p>An officer of Revenue and Customs may by notice require a person to provide information that is, in the opinion of the officer, reasonably required for the purposes of—</p></intro><level class="para1" eId="section-180-1-a"><num>(a)</num><content><p>monitoring the compliance of a connected person with an anti-avoidance enactment, or</p></content></level><level class="para1" eId="section-180-1-b"><num>(b)</num><content><p>HMRC taking, or considering whether HMRC could take, action against a connected person under an anti-avoidance enactment.</p></content></level></subsection><subsection eId="section-180-2"><num>(2)</num><content><p>A notice under <ref href="#section-180">this section</ref> must identify the connected person to whom it relates.</p></content></subsection><subsection eId="section-180-3"><num>(3)</num><intro><p>Before issuing a notice under <ref href="#section-180">this section</ref>, an officer of Revenue and Customs must—</p></intro><level class="para1" eId="section-180-3-a"><num>(a)</num><intro><p>notify the intended recipient of—</p></intro><level class="para2" eId="section-180-3-a-i"><num>(i)</num><content><p>the officer’s intention to issue the notice, and</p></content></level><level class="para2" eId="section-180-3-a-ii"><num>(ii)</num><content><p>the information that would be required under the notice, and</p></content></level></level><level class="para1" eId="section-180-3-b"><num>(b)</num><content><p>allow the intended recipient reasonable opportunity to make representations to HMRC.</p></content></level></subsection><subsection eId="section-180-4"><num>(4)</num><intro><p>An officer of Revenue and Customs may not issue a notice under <ref href="#section-180">this section</ref> without either—</p></intro><level class="para1" eId="section-180-4-a"><num>(a)</num><content><p>the agreement of the connected person identified in the notice, or</p></content></level><level class="para1" eId="section-180-4-b"><num>(b)</num><content><p>the approval of the tribunal.</p></content></level></subsection><subsection eId="section-180-5"><num>(5)</num><content><p>The tribunal may not approve a notice unless it has been given a summary of any representations made under subsection <ref href="#section-180-3">(3)</ref><ref href="#section-180-3-b">(b)</ref>.</p></content></subsection><subsection eId="section-180-6"><num>(6)</num><intro><p>After issuing a notice under <ref href="#section-180">this section</ref>, an officer of Revenue and Customs must provide to the connected person identified in the notice—</p></intro><level class="para1" eId="section-180-6-a"><num>(a)</num><content><p>a copy of the notice, and</p></content></level><level class="para1" eId="section-180-6-b"><num>(b)</num><content><p>a summary of the officer’s reasons for requiring the information.</p></content></level></subsection><subsection eId="section-180-7"><num>(7)</num><content><p><ref href="#section-180-2">Subsections (2)</ref>, <ref href="#section-180-3">(3)</ref> and <ref href="#section-180-6">(6)</ref> do not apply to the extent the tribunal is satisfied that taking the steps in those subsections might prejudice the investigation of tax avoidance.</p></content></subsection></section><section eId="section-181"><num>181</num><heading>Information notices: unidentified connected persons</heading><subsection eId="section-181-1"><num>(1)</num><intro><p>An officer of Revenue and Customs may by notice require a person to provide information that is, in the opinion of the officer, reasonably required for the purposes of—</p></intro><level class="para1" eId="section-181-1-a"><num>(a)</num><content><p>monitoring the compliance of an unidentified connected person with an anti-avoidance enactment, or</p></content></level><level class="para1" eId="section-181-1-b"><num>(b)</num><content><p>HMRC taking, or considering whether HMRC could take, action against an unidentified connected person under an anti-avoidance enactment.</p></content></level></subsection><subsection eId="section-181-2"><num>(2)</num><intro><p>In <ref href="#section-181">this section</ref>, “<term refersTo="#term-unidentified-connected-person" eId="term-unidentified-connected-person">unidentified connected person</term>” means—</p></intro><level class="para1" eId="section-181-2-a"><num>(a)</num><content><p>a connected person whose identity is not known to the officer, or</p></content></level><level class="para1" eId="section-181-2-b"><num>(b)</num><content><p>a class of persons whose individual identities are not known to the officer but, of which, one or more members is a connected person.</p></content></level></subsection><subsection eId="section-181-3"><num>(3)</num><content><p>A notice under <ref href="#section-181">this section</ref> may only require information that is not readily available from another source.</p></content></subsection><subsection eId="section-181-4"><num>(4)</num><content><p>An officer of Revenue and Customs may not issue a notice under <ref href="#section-181">this section</ref> without the approval of the tribunal.</p></content></subsection><subsection eId="section-181-5"><num>(5)</num><content><p>In subsection <ref href="#section-181-1">(1)</ref><ref href="#section-181-1-b">(b)</ref>, the reference to taking action against an unidentified connected person includes a reference to taking action against one or more members of a class referred to in subsection <ref href="#section-181-2">(2)</ref><ref href="#section-181-2-b">(b)</ref>.</p></content></subsection></section><section eId="section-182"><num>182</num><heading>Information notices: identification</heading><subsection eId="section-182-1"><num>(1)</num><content><p>An officer of Revenue and Customs may by notice require a person to provide identifying information that is, in the opinion of the officer, reasonably required for the purpose of identifying an unidentified connected person.</p></content></subsection><subsection eId="section-182-2"><num>(2)</num><intro><p>An officer of Revenue and Customs may not issue a notice under <ref href="#section-182-1">subsection (1)</ref> unless the officer has reason to believe that—</p></intro><level class="para1" eId="section-182-2-a"><num>(a)</num><content><p>the intended recipient of the notice could identify the unidentified connected person by reference to information provided by the officer, and</p></content></level><level class="para1" eId="section-182-2-b"><num>(b)</num><content><p>the recipient obtained the identifying information in the course of a business.</p></content></level></subsection><subsection eId="section-182-3"><num>(3)</num><content><p>A notice under <ref href="#section-182">this section</ref> may only require information that is not readily available from another source.</p></content></subsection><subsection eId="section-182-4"><num>(4)</num><intro><p>In <ref href="#section-182">this section</ref>—</p></intro><hcontainer name="definition"><intro><p>“<term refersTo="#term-identifying-information" eId="term-identifying-information">identifying information</term>” means one or more of an unidentified connected person’s—</p></intro><level class="para1"><num>(a)</num><content><p>name;</p></content></level><level class="para1"><num>(b)</num><content><p>last known address;</p></content></level><level class="para1"><num>(c)</num><content><p>in the case of an individual, date of birth;</p></content></level></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-unidentified-connected-person" eId="term-unidentified-connected-person">unidentified connected person</term>” has the meaning given in section <ref href="#section-181">181</ref>.</p></content></hcontainer></subsection><subsection eId="section-182-5"><num>(5)</num><intro><p>An officer of Revenue and Customs who is not an authorised officer may not issue a notice under this section without the approval of either—</p></intro><level class="para1" eId="section-182-5-a"><num>(a)</num><content><p>the tribunal, or</p></content></level><level class="para1" eId="section-182-5-b"><num>(b)</num><content><p>an authorised officer of Revenue and Customs.</p></content></level></subsection><subsection eId="section-182-6"><num>(6)</num><content><p>An authorised officer of Revenue and Customs may seek the approval of the tribunal before issuing a notice under this section.</p></content></subsection></section><section eId="section-183"><num>183</num><heading>Information notices: financial institutions</heading><subsection eId="section-183-1"><num>(1)</num><intro><p>An officer of Revenue and Customs may by notice require a financial institution to provide information that is, in the opinion of the officer, reasonably required for the purposes of—</p></intro><level class="para1" eId="section-183-1-a"><num>(a)</num><content><p>monitoring the compliance of a connected person with an anti-avoidance enactment, or</p></content></level><level class="para1" eId="section-183-1-b"><num>(b)</num><content><p>HMRC taking, or considering whether HMRC could take, action against a connected person under an anti-avoidance enactment.</p></content></level></subsection><subsection eId="section-183-2"><num>(2)</num><content><p>A notice under this section must identify the connected person to whom it relates.</p></content></subsection><subsection eId="section-183-3"><num>(3)</num><content><p>An officer of Revenue and Customs may not issue a notice under this section without the approval of the tribunal.</p></content></subsection><subsection eId="section-183-4"><num>(4)</num><intro><p>After issuing a notice under this section, an officer of Revenue and Customs must provide to the connected person identified in the notice—</p></intro><level class="para1" eId="section-183-4-a"><num>(a)</num><content><p>a copy of the notice, and</p></content></level><level class="para1" eId="section-183-4-b"><num>(b)</num><content><p>a summary of the officer’s reasons for requiring the information.</p></content></level></subsection><subsection eId="section-183-5"><num>(5)</num><content><p>Subsection <ref href="#section-183-4">(4)</ref> does not apply to the extent the tribunal is satisfied that taking the steps in <ref href="#section-183-4">that subsection</ref> might prejudice the investigation of tax avoidance.</p></content></subsection><subsection eId="section-183-6"><num>(6)</num><intro><p>In this section—</p></intro><hcontainer name="definition"><intro><p>“<term refersTo="#term-financial-institution" eId="term-financial-institution">financial institution</term>” means—</p></intro><level class="para1"><num>(a)</num><content><p>a financial institution under the CRS other than one which is such an institution only because it is an investment entity within section 8(A)(6)(b) of the CRS;</p></content></level><level class="para1"><num>(b)</num><content><p>a person who issues credit cards;</p></content></level></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-crs" eId="term-crs">CRS</term>” means the common reporting standard for automatic exchange of financial account information developed by the Organisation for Economic Co-operation and Development, as that standard has effect from time to time.</p></content></hcontainer></subsection></section></hcontainer><hcontainer name="crossheading" ukl:Name="Pblock" eId="part-6-chapter-3-crossheading-content-requirements-and-withdrawal-of-notices"><heading>Content, requirements and withdrawal of notices</heading><section eId="section-184"><num>184</num><heading>Content and requirements of notices</heading><subsection eId="section-184-1"><num>(1)</num><intro><p>An information notice must specify (or, in the case of paragraphs (a) and (b), describe)—</p></intro><level class="para1" eId="section-184-1-a"><num>(a)</num><content><p>the information that the recipient is required to provide;</p></content></level><level class="para1" eId="section-184-1-b"><num>(b)</num><content><p>the form in which, and the means by which, the information is to be provided;</p></content></level><level class="para1" eId="section-184-1-c"><num>(c)</num><content><p>a reasonable period within which the information is to be provided;</p></content></level><level class="para1" eId="section-184-1-d"><num>(d)</num><content><p>the provision under which the notice is issued;</p></content></level><level class="para1" eId="section-184-1-e"><num>(e)</num><content><p>whether the notice is issued with the approval of the tribunal.</p></content></level></subsection><subsection eId="section-184-2"><num>(2)</num><content><p>An information notice issued under sections <ref href="#section-180">180</ref> to <ref href="#section-183">183</ref> may only require information that would not, in the reasonable opinion of an officer of Revenue and Customs, be unduly onerous for the recipient to provide.</p></content></subsection><subsection eId="section-184-3"><num>(3)</num><content><p>An information notice may not require a person to produce a document if the whole of the document originates more than 6 years before the date of the notice without the agreement of an authorised officer of Revenue and Customs.</p></content></subsection><subsection eId="section-184-4"><num>(4)</num><content><p>An information notice may be issued to a person outside the United Kingdom.</p></content></subsection></section><section eId="section-185"><num>185</num><heading>Restriction on disclosure of notices</heading><subsection eId="section-185-1"><num>(1)</num><intro><p>An information notice may require the recipient not to disclose the existence or contents of the notice to—</p></intro><level class="para1" eId="section-185-1-a"><num>(a)</num><content><p>the connected person to whom the notice relates,</p></content></level><level class="para1" eId="section-185-1-b"><num>(b)</num><content><p>in the case of a notice under <ref href="#section-181">section 181</ref>, members of the class of persons to which the notice relates,</p></content></level><level class="para1" eId="section-185-1-c"><num>(c)</num><content><p>any person who might reasonably be expected to disclose the existence or contents of the notice to the connected person or members of the class, or</p></content></level><level class="para1" eId="section-185-1-d"><num>(d)</num><content><p>any other person.</p></content></level></subsection><subsection eId="section-185-2"><num>(2)</num><intro><p>A requirement under subsection <ref href="#section-185-1">(1)</ref><ref href="#section-185-1-d">(d)</ref> may not prohibit disclosure for, or in connection with, the purpose of—</p></intro><level class="para1" eId="section-185-2-a"><num>(a)</num><content><p>complying with the notice, or</p></content></level><level class="para1" eId="section-185-2-b"><num>(b)</num><content><p>seeking legal advice.</p></content></level></subsection><subsection eId="section-185-3"><num>(3)</num><intro><p>A requirement imposed under <ref href="#section-185-1">subsection (1)</ref> has effect until the end of the period of 12 months beginning with the day on which the notice is issued, unless before the end of that period—</p></intro><level class="para1" eId="section-185-3-a"><num>(a)</num><content><p>the requirement is withdrawn in accordance with <ref href="#section-185-4">subsection (4)</ref>, or</p></content></level><level class="para1" eId="section-185-3-b"><num>(b)</num><content><p>the period is extended in accordance with <ref href="#section-185-5">subsection (5)</ref>.</p></content></level></subsection><subsection eId="section-185-4"><num>(4)</num><content><p>An officer of Revenue and Customs may withdraw the requirement by notifying the recipient in writing.</p></content></subsection><subsection eId="section-185-5"><num>(5)</num><intro><p>An officer of Revenue and Customs may by notice to the recipient—</p></intro><level class="para1" eId="section-185-5-a"><num>(a)</num><content><p>extend the period during which a requirement imposed under <ref href="#section-185-1">subsection (1)</ref> has effect by a period of 12 months beginning with the day after the last day of the previous period of 12 months, and</p></content></level><level class="para1" eId="section-185-5-b"><num>(b)</num><content><p>do so on one or more occasions.</p></content></level></subsection><subsection eId="section-185-6"><num>(6)</num><intro><p>An officer of Revenue and Customs may not issue a notice under <ref href="#section-185-5">subsection (5)</ref> unless—</p></intro><level class="para1" eId="section-185-6-a"><num>(a)</num><content><p>the officer considers that there are reasonable grounds for believing that failure to extend the period might prejudice the investigation of tax avoidance, and</p></content></level><level class="para1" eId="section-185-6-b"><num>(b)</num><intro><p>where the officer is not an authorised officer of Revenue and Customs, an authorised officer agrees with the officer’s—</p></intro><level class="para2" eId="section-185-6-b-i"><num>(i)</num><content><p>decision to extend the period, and</p></content></level><level class="para2" eId="section-185-6-b-ii"><num>(ii)</num><content><p>assessment under <ref href="#section-185-6-a">paragraph (a)</ref>.</p></content></level></level></subsection></section><section eId="section-186"><num>186</num><heading>Excepted information</heading><subsection eId="section-186-1"><num>(1)</num><content><p>An information notice does not require a person to provide information that is not in the possession or power of that person.</p></content></subsection><subsection eId="section-186-2"><num>(2)</num><intro><p>An information notice does not require a person to provide—</p></intro><level class="para1" eId="section-186-2-a"><num>(a)</num><content><p>information that relates to the conduct of a pending tax appeal or appeal against a decision under an anti-avoidance enactment;</p></content></level><level class="para1" eId="section-186-2-b"><num>(b)</num><content><p>personal records (as defined in <ref eId="c00223" href="https://www.legislation.gov.uk/ukpga/1984/60/section/12">section 12</ref> of the <ref eId="c00224" href="https://www.legislation.gov.uk/ukpga/1984/60/contents">Police and Criminal Evidence Act 1984</ref>) or information contained in such records, except that a notice may require a person to produce a redacted version of a document omitting any information that would otherwise make it personal records;</p></content></level><level class="para1" eId="section-186-2-c"><num>(c)</num><content><p>journalistic material (as defined in <ref eId="c00225" href="https://www.legislation.gov.uk/ukpga/1984/60/section/13">section 13</ref> of <ref eId="c00226" href="https://www.legislation.gov.uk/ukpga/1984/60/contents">that Act</ref>) or information contained in such material;</p></content></level><level class="para1" eId="section-186-2-d"><num>(d)</num><content><p>information in respect of a which a claim to legal professional privilege or, (in Scotland) to confidentiality of communications as between a client and professional legal advisor, could be maintained by the person in legal proceedings.</p></content></level></subsection><subsection eId="section-186-3"><num>(3)</num><content><p>An information notice does not require a person who has been appointed auditor for the purposes of an enactment to provide information held or created in connection with the performance of the person’s functions under the enactment, other than information that the recipient of the notice has assisted any client in preparing for, or delivering to, HMRC.</p></content></subsection><subsection eId="section-186-4"><num>(4)</num><intro><p><ref href="#section-186-3">Subsection (3)</ref> does not apply in relation to—</p></intro><level class="para1" eId="section-186-4-a"><num>(a)</num><content><p>a notice under <ref href="#section-182">section 182</ref> (identification), or</p></content></level><level class="para1" eId="section-186-4-b"><num>(b)</num><intro><p>identifying information (within the meaning given in <ref href="#section-182">section 182</ref>) required by a notice under <ref href="#section-181">section 181</ref> in respect of—</p></intro><level class="para2" eId="section-186-4-b-i"><num>(i)</num><content><p>the connected person to whom the notice relates, or</p></content></level><level class="para2" eId="section-186-4-b-ii"><num>(ii)</num><content><p>a person who has acted on behalf of the connected person.</p></content></level></level></subsection><subsection eId="section-186-5"><num>(5)</num><content><p>The Commissioners may by regulations make provision for the resolution by the tribunal of disputes as to whether any information falls within <ref href="#section-186-2">subsection (2)</ref><ref href="#section-186-2-d">(d)</ref> (privilege).</p></content></subsection><subsection eId="section-186-6"><num>(6)</num><content><p>Regulations under <ref href="#section-186-5">subsection (5)</ref> are to be made by statutory instrument and a statutory instrument containing regulations under <ref href="#section-186-5">subsection (5)</ref> is subject to annulment in pursuance of a resolution of the House of Commons.</p></content></subsection></section><section eId="section-187"><num>187</num><heading>Tribunal approval of notices</heading><subsection eId="section-187-1"><num>(1)</num><content><p>An application to the tribunal for approval of a notice, or disapplication of requirements, under this Chapter may be made without notice.</p></content></subsection><subsection eId="section-187-2"><num>(2)</num><content><p>An officer of Revenue and Customs (other than an authorised officer) may not seek the approval of, or disapplication of requirements by, the tribunal without the agreement of an authorised officer of Revenue and Customs.</p></content></subsection><subsection eId="section-187-3"><num>(3)</num><content><p>The tribunal may not approve the issue of a notice under <span><ref href="#section-179">sections 179</ref> to <ref href="#section-183">183</ref></span> unless it is satisfied that the requirements of the relevant section are met.</p></content></subsection><subsection eId="section-187-4"><num>(4)</num><content><p>A decision of the tribunal is final (despite sections 11 and 13 of the Tribunals, Courts and Enforcement Act 2007).</p></content></subsection></section><section eId="section-188"><num>188</num><heading>Withdrawal of notices</heading><content><p>An officer of Revenue and Customs may withdraw an information notice by notifying the recipient in writing.</p></content></section></hcontainer><hcontainer name="crossheading" ukl:Name="Pblock" eId="part-6-chapter-3-crossheading-criminal-sanctions"><heading>Criminal sanctions</heading><section eId="section-189"><num>189</num><heading>Offence of failing to comply with a notice</heading><subsection eId="section-189-1"><num>(1)</num><intro><p>A recipient of an information notice commits an offence if the recipient—</p></intro><level class="para1" eId="section-189-1-a"><num>(a)</num><content><p>fails to comply with the notice, or</p></content></level><level class="para1" eId="section-189-1-b"><num>(b)</num><content><p>in purporting to comply with the notice, carelessly or deliberately provides inaccurate information.</p></content></level></subsection><subsection eId="section-189-2"><num>(2)</num><content><p>It is a defence for a person charged with an offence under subsection <ref href="#section-189-1">(1)</ref><ref href="#section-189-1-a">(a)</ref> to show that they had a reasonable excuse.</p></content></subsection><subsection eId="section-189-3"><num>(3)</num><content><p>In this section, a reference to carelessness is a reference to a failure to take reasonable care.</p></content></subsection><subsection eId="section-189-4"><num>(4)</num><content><p><ref href="#section-189">This section</ref> does not apply in respect of a notice under <ref href="#section-183">section 183</ref> (financial institutions).</p></content></subsection></section><section eId="section-190"><num>190</num><heading>Offence of concealing information</heading><subsection eId="section-190-1"><num>(1)</num><content><p>A recipient of an information notice commits an offence if the recipient conceals, destroys or otherwise disposes of information that is required to be provided under the notice.</p></content></subsection><subsection eId="section-190-2"><num>(2)</num><content><p>It is a defence for a person charged with an offence under <ref href="#section-190-1">subsection (1)</ref> to show that they concealed, destroyed or otherwise disposed of the information only after the information had been provided in accordance with the notice.</p></content></subsection><subsection eId="section-190-3"><num>(3)</num><content><p><ref href="#section-190-2">Subsection (2)</ref> does not apply where an officer of Revenue and Customs had notified the person in writing that the information must continue to be available (and had not withdrawn that notification).</p></content></subsection><subsection eId="section-190-4"><num>(4)</num><intro><p>A person commits an offence if—</p></intro><level class="para1" eId="section-190-4-a"><num>(a)</num><intro><p>an officer of Revenue and Customs has notified the person under <ref href="#section-180">section 180</ref><ref href="#section-180-3">(3)</ref> that—</p></intro><level class="para2" eId="section-190-4-a-i"><num>(i)</num><content><p>the officer intends to issue an information notice to the person, and</p></content></level><level class="para2" eId="section-190-4-a-ii"><num>(ii)</num><content><p>certain information would be required under the notice, and</p></content></level></level><level class="para1" eId="section-190-4-b"><num>(b)</num><content><p>the person conceals, destroys or otherwise disposes of the information.</p></content></level></subsection><subsection eId="section-190-5"><num>(5)</num><intro><p>It is a defence for a person charged with an offence under <ref href="#section-190-4">subsection (4)</ref> to show that they concealed, destroyed or otherwise disposed of the information only—</p></intro><level class="para1" eId="section-190-5-a"><num>(a)</num><content><p>after the end of the period of six months beginning with the day on which they were last notified under <ref href="#section-180">section 180</ref><ref href="#section-180-3">(3)</ref> in respect of the information, or</p></content></level><level class="para1" eId="section-190-5-b"><num>(b)</num><content><p>after an information notice has been issued to the person in respect of the information.</p></content></level></subsection><subsection eId="section-190-6"><num>(6)</num><content><p>In <ref href="#section-190">this section</ref>, a reference to concealing, destroying or otherwise disposing of information includes a reference to arranging for the concealment, destruction or disposal of information.</p></content></subsection><subsection eId="section-190-7"><num>(7)</num><content><p><ref href="#section-190">This section</ref> does not apply in respect of a notice under <ref href="#section-183">section 183</ref> (financial institutions).</p></content></subsection></section><section eId="section-191"><num>191</num><heading>Criminal liability of responsible persons</heading><subsection eId="section-191-1"><num>(1)</num><intro><p>If an offence under <ref href="#section-189">section 189</ref> or <ref href="#section-190">190</ref> is committed by a body corporate or a partnership and—</p></intro><level class="para1" eId="section-191-1-a"><num>(a)</num><content><p>is committed with the consent or connivance of a responsible person, or</p></content></level><level class="para1" eId="section-191-1-b"><num>(b)</num><content><p>is attributable to the neglect of a responsible person,</p></content></level><wrapUp><p>the responsible person commits the offence (as well as the body or partnership).</p></wrapUp></subsection><subsection eId="section-191-2"><num>(2)</num><intro><p>A “<term refersTo="#term-responsible-person" eId="term-responsible-person">responsible person</term>” means—</p></intro><level class="para1" eId="section-191-2-a"><num>(a)</num><intro><p>in relation to a body corporate other than one whose affairs are managed by its members—</p></intro><level class="para2" eId="section-191-2-a-i"><num>(i)</num><content><p>a director, manager, secretary or other similar officer of the body, or a person purporting to act in such a capacity, or</p></content></level><level class="para2" eId="section-191-2-a-ii"><num>(ii)</num><content><p>a shadow director within the meaning given in <ref eId="c00227" href="https://www.legislation.gov.uk/ukpga/2006/46/section/251">section 251</ref> of the <ref eId="c00228" href="https://www.legislation.gov.uk/ukpga/2006/46/contents">Companies Act 2006</ref>;</p></content></level></level><level class="para1" eId="section-191-2-b"><num>(b)</num><intro><p>in relation to a limited liability partnership or other body corporate whose affairs are managed by its members—</p></intro><level class="para2" eId="section-191-2-b-i"><num>(i)</num><content><p>a member exercising management functions, or purporting to do so, or</p></content></level><level class="para2" eId="section-191-2-b-ii"><num>(ii)</num><content><p>in the case of a limited liability partnership, a shadow member;</p></content></level></level><level class="para1" eId="section-191-2-c"><num>(c)</num><content><p>in relation to a partnership, a partner or a person purporting to act in that capacity.</p></content></level></subsection><subsection eId="section-191-3"><num>(3)</num><content><p>In <ref href="#section-164">this section</ref>, a “<term refersTo="#term-shadow-member" eId="term-shadow-member">shadow member</term>” means a person in accordance with whose directions or instructions the members of the limited liability partnership are accustomed to act, save that a person is not a shadow member by reason only of the fact that the members act on advice given by that person in a professional capacity.</p></content></subsection></section><section eId="section-192"><num>192</num><heading>Criminal liability of responsible persons: no prosecution of recipient</heading><subsection eId="section-192-1"><num>(1)</num><intro><p>Subsection (2) applies where a body corporate or partnership that is the recipient of an information notice—</p></intro><level class="para1" eId="section-192-1-a"><num>(a)</num><content><p>fails to comply with the notice, or</p></content></level><level class="para1" eId="section-192-1-b"><num>(b)</num><content><p>in purporting to comply with the notice, carelessly or deliberately provides inaccurate information.</p></content></level></subsection><subsection eId="section-192-2"><num>(2)</num><intro><p>If the recipient’s failure or careless or deliberate provision of inaccurate information—</p></intro><level class="para1" eId="section-192-2-a"><num>(a)</num><content><p>occurred with the consent or connivance of a responsible person, or</p></content></level><level class="para1" eId="section-192-2-b"><num>(b)</num><content><p>is attributable to the neglect of a responsible person,</p></content></level><wrapUp><p>the responsible person commits an offence.</p></wrapUp></subsection><subsection eId="section-192-3"><num>(3)</num><content><p>It is a defence for a person charged with an offence under subsection (2) to show that they or the recipient had a reasonable excuse.</p></content></subsection><subsection eId="section-192-4"><num>(4)</num><intro><p>In this section—</p></intro><level class="para1" eId="section-192-4-a"><num>(a)</num><content><p>a reference to carelessness is a reference to a failure to take reasonable care, and</p></content></level><level class="para1" eId="section-192-4-b"><num>(b)</num><content><p>“<term refersTo="#term-responsible-person" eId="term-responsible-person">responsible person</term>” has the same meaning as in <ref href="#section-191">section 191</ref>.</p></content></level></subsection><subsection eId="section-192-5"><num>(5)</num><content><p><ref href="#section-189">This section</ref> does not apply in respect of a notice under <ref href="#section-183">section 183</ref> (financial institutions).</p></content></subsection></section><section eId="section-193"><num>193</num><heading>Imprisonment or a fine</heading><intro><p>A person who commits an offence under <ref href="#section-189">section 189</ref>, <ref href="#section-190">190</ref> or <ref href="#section-192">192</ref> is liable—</p></intro><level class="para1" eId="section-193-a"><num>(a)</num><intro><p>on summary conviction, to—</p></intro><level class="para2" eId="section-193-a-i"><num>(i)</num><content><p>in England and Wales, a fine, or</p></content></level><level class="para2" eId="section-193-a-ii"><num>(ii)</num><content><p>in Scotland or Northern Ireland, a fine not exceeding the statutory maximum, or</p></content></level></level><level class="para1" eId="section-193-b"><num>(b)</num><content><p>on conviction on indictment, to imprisonment for a term not exceeding two years or to a fine or both.</p></content></level></section></hcontainer><hcontainer name="crossheading" ukl:Name="Pblock" eId="part-6-chapter-3-crossheading-civil-sanctions"><heading>Civil sanctions</heading><section eId="section-194"><num>194</num><heading>Penalty for failing to comply with a notice</heading><subsection eId="section-194-1"><num>(1)</num><intro><p>A recipient of an information notice is liable to a penalty if the recipient—</p></intro><level class="para1" eId="section-194-1-a"><num>(a)</num><content><p>fails to comply with the notice, and</p></content></level><level class="para1" eId="section-194-1-b"><num>(b)</num><content><p>does so without reasonable excuse.</p></content></level></subsection><subsection eId="section-194-2"><num>(2)</num><intro><p>The penalty under <ref href="#section-194-1">subsection (1)</ref> is—</p></intro><level class="para1" eId="section-194-2-a"><num>(a)</num><content><p>in relation to a notice under <ref href="#section-183">section 183</ref> (financial institutions), £300;</p></content></level><level class="para1" eId="section-194-2-b"><num>(b)</num><content><p>otherwise, £5,000.</p></content></level></subsection><subsection eId="section-194-3"><num>(3)</num><content><p>If a failure referred to in <ref href="#section-194-1">subsection (1)</ref> continues after the day on which a penalty is imposed in respect of it, the recipient is liable to a further penalty for each day on which the failure continues.</p></content></subsection><subsection eId="section-194-4"><num>(4)</num><intro><p>The penalty under <ref href="#section-194-3">subsection (3)</ref> is—</p></intro><level class="para1" eId="section-194-4-a"><num>(a)</num><content><p>in relation to a notice under <ref href="#section-183">section 183</ref> (financial institutions), an amount not exceeding £60;</p></content></level><level class="para1" eId="section-194-4-b"><num>(b)</num><content><p>otherwise, an amount not exceeding £1,000.</p></content></level></subsection><subsection eId="section-194-5"><num>(5)</num><intro><p>Before imposing a penalty under <ref href="#section-194">this section</ref>, an officer of Revenue and Customs must—</p></intro><level class="para1" eId="section-194-5-a"><num>(a)</num><content><p>notify the recipient of the fact that the officer considers <ref href="#section-194-1">subsection (1)</ref> or <ref href="#section-194-3">(3)</ref> to apply, and</p></content></level><level class="para1" eId="section-194-5-b"><num>(b)</num><content><p>allow the recipient a period of 30 days beginning with the date of notification to make representations to HMRC.</p></content></level></subsection><subsection eId="section-194-6"><num>(6)</num><content><p><ref href="#section-194">This section</ref> does not apply in relation to a failure to comply with a requirement imposed under <ref href="#section-185">section 185</ref> (restriction on disclosure of notices).</p></content></subsection></section><section eId="section-195"><num>195</num><heading>Penalty for concealing information</heading><subsection eId="section-195-1"><num>(1)</num><intro><p>A recipient of an information notice is liable to a penalty if the recipient—</p></intro><level class="para1" eId="section-195-1-a"><num>(a)</num><content><p>is required to provide information under the notice issued, and</p></content></level><level class="para1" eId="section-195-1-b"><num>(b)</num><intro><p>conceals, destroys or otherwise disposes of the information—</p></intro><level class="para2" eId="section-195-1-b-i"><num>(i)</num><content><p>before the information has been provided in accordance with the notice, or</p></content></level><level class="para2" eId="section-195-1-b-ii"><num>(ii)</num><content><p>in circumstances where an officer of Revenue and Customs has notified the person in writing that the information must continue to be available (and has not withdrawn that notification).</p></content></level></level></subsection><subsection eId="section-195-2"><num>(2)</num><intro><p>A person is liable to a penalty if—</p></intro><level class="para1" eId="section-195-2-a"><num>(a)</num><intro><p>an officer of Revenue and Customs has notified the person under <ref href="#section-180">section 180</ref><ref href="#section-180-3">(3)</ref> that—</p></intro><level class="para2" eId="section-195-2-a-i"><num>(i)</num><content><p>the officer intends to issue an information notice to the person, and</p></content></level><level class="para2" eId="section-195-2-a-ii"><num>(ii)</num><content><p>certain information would be required under the notice, and</p></content></level></level><level class="para1" eId="section-195-2-b"><num>(b)</num><content><p>the person conceals, destroys or otherwise disposes of the information.</p></content></level></subsection><subsection eId="section-195-3"><num>(3)</num><intro><p><ref href="#section-195-2">Subsection (2)</ref> does not apply if the person concealed, destroyed or otherwise disposed of the information only—</p></intro><level class="para1" eId="section-195-3-a"><num>(a)</num><content><p>after the end of the period of 6 months beginning with the day on which they were last notified under <ref href="#section-180">section 180</ref><ref href="#section-180-3">(3)</ref> in respect of the information, or</p></content></level><level class="para1" eId="section-195-3-b"><num>(b)</num><content><p>after an information notice has been issued to the person in respect of the information.</p></content></level></subsection><subsection eId="section-195-4"><num>(4)</num><intro><p>The penalty under <ref href="#section-195-1">subsection (1)</ref> or <ref href="#section-195-2">(2)</ref> is—</p></intro><level class="para1" eId="section-195-4-a"><num>(a)</num><content><p>in relation to a notice under <ref href="#section-183">section 183</ref> (financial institutions), £300, or</p></content></level><level class="para1" eId="section-195-4-b"><num>(b)</num><content><p>otherwise, £20,000.</p></content></level></subsection><subsection eId="section-195-5"><num>(5)</num><content><p>In <ref href="#section-195">this section</ref>, a reference to concealing, destroying or otherwise disposing of information includes a reference to arranging for the concealment, destruction or disposal of information.</p></content></subsection></section><section eId="section-196"><num>196</num><heading>Penalty for inaccurate information</heading><subsection eId="section-196-1"><num>(1)</num><intro><p>A recipient of an information notice is liable to a penalty if the recipient—</p></intro><level class="para1" eId="section-196-1-a"><num>(a)</num><content><p>in purporting to comply with the notice, carelessly or deliberately provides inaccurate information, or</p></content></level><level class="para1" eId="section-196-1-b"><num>(b)</num><intro><p>after purporting to comply with the notice—</p></intro><level class="para2" eId="section-196-1-b-i"><num>(i)</num><content><p>discovers that, in doing so, they provided inaccurate information, and</p></content></level><level class="para2" eId="section-196-1-b-ii"><num>(ii)</num><content><p>does not take reasonable steps to notify HMRC of that fact.</p></content></level></level></subsection><subsection eId="section-196-2"><num>(2)</num><intro><p>The maximum penalty under subsection (1) is—</p></intro><level class="para1" eId="section-196-2-a"><num>(a)</num><content><p>in relation to a notice under <ref href="#section-183">section 183</ref> (financial institutions), £3,000 for each inaccuracy, or</p></content></level><level class="para1" eId="section-196-2-b"><num>(b)</num><content><p>otherwise, £20,000 for each inaccuracy.</p></content></level></subsection><subsection eId="section-196-3"><num>(3)</num><intro><p>Before imposing a penalty under <ref href="#section-196">this section</ref>, an officer of Revenue and Customs must—</p></intro><level class="para1" eId="section-196-3-a"><num>(a)</num><content><p>notify the recipient of the fact that the officer considers <ref href="#section-196-1">subsection (1)</ref> to apply, and</p></content></level><level class="para1" eId="section-196-3-b"><num>(b)</num><content><p>allow the recipient a period of 30 days beginning with the date of notification to make representations to HMRC.</p></content></level></subsection><subsection eId="section-196-4"><num>(4)</num><content><p>In this section, a reference to carelessness is a reference to a failure to take reasonable care.</p></content></subsection></section><section eId="section-197"><num>197</num><heading>Penalty for disclosing a notice</heading><subsection eId="section-197-1"><num>(1)</num><intro><p>A recipient of an information notice is liable to a penalty if the recipient—</p></intro><level class="para1" eId="section-197-1-a"><num>(a)</num><content><p>fails to comply with a requirement imposed under <ref href="#section-185">section 185</ref> (restriction on disclosure of notices), and</p></content></level><level class="para1" eId="section-197-1-b"><num>(b)</num><content><p>does so without reasonable excuse.</p></content></level></subsection><subsection eId="section-197-2"><num>(2)</num><intro><p>The penalty under subsection (1) is—</p></intro><level class="para1" eId="section-197-2-a"><num>(a)</num><content><p>in relation to a notice under <ref href="#section-183">section 183</ref> (financial institutions), £1,000, or</p></content></level><level class="para1" eId="section-197-2-b"><num>(b)</num><content><p>otherwise, £10,000.</p></content></level></subsection></section><section eId="section-198"><num>198</num><heading>Penalty based on monies received</heading><subsection eId="section-198-1"><num>(1)</num><intro><p><ref href="#section-198-3">Subsection (3)</ref> applies if—</p></intro><level class="para1" eId="section-198-1-a"><num>(a)</num><content><p>a penalty has been imposed on a person under <ref href="#section-194">section 194</ref><ref href="#section-194-1">(1)</ref> for failure to comply with a notice,</p></content></level><level class="para1" eId="section-198-1-b"><num>(b)</num><content><p>the person, without reasonable excuse, continues to fail to comply with the notice,</p></content></level><level class="para1" eId="section-198-1-c"><num>(c)</num><intro><p>an officer of Revenue and Customs has reason to believe that—</p></intro><level class="para2" eId="section-198-1-c-i"><num>(i)</num><content><p>the person received money or money’s worth in connection with the contravening arrangements to which the notice relates, and</p></content></level><level class="para2" eId="section-198-1-c-ii"><num>(ii)</num><content><p>the continuing failure is significant, and</p></content></level></level><level class="para1" eId="section-198-1-d"><num>(d)</num><content><p>the Upper Tribunal decides that it is appropriate for a penalty to be imposed under this section.</p></content></level></subsection><subsection eId="section-198-2"><num>(2)</num><intro><p>For the purposes of <ref href="#section-198-1">subsection (1)</ref><ref href="#section-198-1-c">(c)</ref><ref href="#section-198-1-c-ii">(ii)</ref>, a continuing failure is significant if—</p></intro><level class="para1" eId="section-198-2-a"><num>(a)</num><content><p>it continues beyond the end of the period of six months beginning with the day on which the penalty referred to in <ref href="#section-198-1">subsection (1)</ref><ref href="#section-198-1-a">(a)</ref> was imposed, or</p></content></level><level class="para1" eId="section-198-2-b"><num>(b)</num><intro><p>as a result of the continuing failure, it is or is likely to be significantly more difficult for HMRC to—</p></intro><level class="para2" eId="section-198-2-b-i"><num>(i)</num><content><p>monitor the compliance of a connected person with an anti-avoidance enactment, or</p></content></level><level class="para2" eId="section-198-2-b-ii"><num>(ii)</num><content><p>take, or consider whether HMRC could take, action against a connected person under an anti-avoidance enactment.</p></content></level></level></subsection><subsection eId="section-198-3"><num>(3)</num><content><p>The person is liable to a penalty equal to the amount of money or money’s worth received, or likely to have been received, by the person in connection with the contravening arrangements to which the notice relates.</p></content></subsection><subsection eId="section-198-4"><num>(4)</num><content><p>The amount of a penalty to which a person is liable under <ref href="#section-198-3">subsection (3)</ref> must be determined by the Upper Tribunal (with such determination being treated as assessment).</p></content></subsection><subsection eId="section-198-5"><num>(5)</num><intro><p>An application to the Tribunal for the purposes of <ref href="#section-198-1">subsection (1)</ref><ref href="#section-198-1-d">(d)</ref> or <ref href="#section-198-4">(4)</ref> may be made by an officer of Revenue and Customs and must be made before the end of the period of 12 months beginning with—</p></intro><level class="para1" eId="section-198-5-a"><num>(a)</num><intro><p>in the case of a penalty relating to a notice against which the recipient may appeal under <ref href="#section-204">section 204</ref>, the latest of—</p></intro><level class="para2" eId="section-198-5-a-i"><num>(i)</num><content><p>the day on which the person became liable to a penalty under <ref href="#section-194">section 194</ref><ref href="#section-194-1">(1)</ref>,</p></content></level><level class="para2" eId="section-198-5-a-ii"><num>(ii)</num><content><p>the last day of the period in which notice of appeal against the notice could have been given, and</p></content></level><level class="para2" eId="section-198-5-a-iii"><num>(iii)</num><content><p>if notice of such an appeal has been given, the day on which the appeal is determined or withdrawn, or</p></content></level></level><level class="para1" eId="section-198-5-b"><num>(b)</num><content><p>in any other case, the day on which the person became liable to a penalty under <ref href="#section-194">section 194</ref><ref href="#section-194-1">(1)</ref>.</p></content></level></subsection><subsection eId="section-198-6"><num>(6)</num><content><p>An officer of Revenue and Customs who makes an application for the purposes of <ref href="#section-198-1">subsection (1)</ref><ref href="#section-198-1-d">(d)</ref> or <ref href="#section-198-4">(4)</ref> must notify the person concerned.</p></content></subsection><subsection eId="section-198-7"><num>(7)</num><content><p>For the purposes of <ref href="#section-198">this section</ref>, a reference to contravening arrangements to which a notice relates is a reference to arrangements by reference to which the person to whom the notice relates is considered to be a connected person under <ref href="#section-177">section 177</ref><ref href="#section-177-1">(1)</ref> (including, where the person is a connected person under <ref href="#section-177">section 177</ref>(1)(b), arrangements by reference to which the other person is considered to be a connected person).</p></content></subsection><subsection eId="section-198-8"><num>(8)</num><content><p><ref href="#section-198">This section</ref> does not apply in relation to a notice under <ref href="#section-183">section 183</ref> (financial institutions).</p></content></subsection></section><section eId="section-199"><num>199</num><heading>Increased daily default penalty</heading><subsection eId="section-199-1"><num>(1)</num><intro><p>An officer of Revenue and Customs may apply to the tribunal for a determination that an increased penalty should be available under <ref href="#section-194">section 194</ref><ref href="#section-194-4">(4)</ref> in respect of a person’s failure to comply with an information notice if—</p></intro><level class="para1" eId="section-199-1-a"><num>(a)</num><content><p>a penalty has been imposed under <ref href="#section-194">section 194</ref><ref href="#section-194-3">(3)</ref> (daily penalties for continuing failure) in respect of the failure,</p></content></level><level class="para1" eId="section-199-1-b"><num>(b)</num><content><p>the failure continues after the end of the period of 30 days beginning with the day on which notification of the penalty under <ref href="#section-194">section 194</ref><ref href="#section-194-3">(3)</ref> was issued (see paragraph 46 to Schedule 36 to FA 2008), and</p></content></level><level class="para1" eId="section-199-1-c"><num>(c)</num><content><p>the officer has notified the person of their intention to apply to the tribunal under <ref href="#section-199">this section</ref>.</p></content></level></subsection><subsection eId="section-199-2"><num>(2)</num><intro><p>If the tribunal decides that an increased penalty should be available under <ref href="#section-194">section 194</ref><ref href="#section-194-4">(4)</ref> in respect of a person’s failure, the tribunal must determine—</p></intro><level class="para1" eId="section-199-2-a"><num>(a)</num><content><p>the amount of the increased penalty, and</p></content></level><level class="para1" eId="section-199-2-b"><num>(b)</num><content><p>the day from which it is to be applicable.</p></content></level></subsection><subsection eId="section-199-3"><num>(3)</num><intro><p>The increased penalty is available under <ref href="#section-194">section 194</ref><ref href="#section-194-4">(4)</ref> in respect of the failure—</p></intro><level class="para1" eId="section-199-3-a"><num>(a)</num><content><p>from the day determined by the tribunal, and</p></content></level><level class="para1" eId="section-199-3-b"><num>(b)</num><content><p>as though the figure in that subsection were replaced with the amount of the increased penalty.</p></content></level></subsection><subsection eId="section-199-4"><num>(4)</num><intro><p>An increased penalty under <ref href="#section-199">this section</ref> may not exceed—</p></intro><level class="para1" eId="section-199-4-a"><num>(a)</num><content><p>in relation to a notice under <ref href="#section-183">section 183</ref> (financial institutions), £1,000, or</p></content></level><level class="para1" eId="section-199-4-b"><num>(b)</num><content><p>otherwise, £5,000.</p></content></level></subsection><subsection eId="section-199-5"><num>(5)</num><intro><p>In determining the amount of the increased penalty, the tribunal must have regard to—</p></intro><level class="para1" eId="section-199-5-a"><num>(a)</num><content><p>the likely cost to the person of complying with the notice,</p></content></level><level class="para1" eId="section-199-5-b"><num>(b)</num><content><p>any benefits to the person of not complying with the notice, and</p></content></level><level class="para1" eId="section-199-5-c"><num>(c)</num><content><p>any benefits to anyone else resulting from the person’s non-compliance.</p></content></level></subsection><subsection eId="section-199-6"><num>(6)</num><intro><p>If the tribunal makes a determination under <ref href="#section-199-2">subsection (2)</ref>, an officer of Revenue and Customs must notify the person to whom it relates of—</p></intro><level class="para1" eId="section-199-6-a"><num>(a)</num><content><p>the amount of the increased penalty, and</p></content></level><level class="para1" eId="section-199-6-b"><num>(b)</num><content><p>the day from which it is to be applicable.</p></content></level></subsection></section></hcontainer><hcontainer name="crossheading" ukl:Name="Pblock" eId="part-6-chapter-3-crossheading-sanctions-general"><heading>Sanctions: general</heading><section eId="section-200"><num>200</num><heading>Extension of time periods</heading><content><p>For the purposes of <span><ref href="#section-189">sections 189</ref> to <ref href="#section-199">199</ref></span>(sanctions), a failure of a person to do anything within a limited period of time is to be disregarded if the person did the thing within such further period of time, if any, as an officer of Revenue and Customs or the tribunal allowed.</p></content></section><section eId="section-201"><num>201</num><heading>Reasonable excuse</heading><intro><p>For the purposes of <ref href="#section-189">sections 189</ref><ref href="#section-189-1">(1)</ref><ref href="#section-189-1-a">(a)</ref> (offence of failing to comply), <ref href="#section-192">192</ref> (criminal liability of responsible persons: no prosecution of recipient), <ref href="#section-194">194</ref> (penalty for failing to comply), <ref href="#section-197">197</ref> (penalty for disclosing) and <ref href="#section-198">198</ref> (penalty based on monies received)—</p></intro><level class="para1" eId="section-201-a"><num>(a)</num><content><p>an insufficiency of funds is not a reasonable excuse unless attributable to events outside the person’s control,</p></content></level><level class="para1" eId="section-201-b"><num>(b)</num><content><p>if the person relies on any other person to do anything, that is not a reasonable excuse unless the first person took reasonable care to avoid the failure,</p></content></level><level class="para1" eId="section-201-c"><num>(c)</num><content><p>if the person had a reasonable excuse for the failure but the excuse has ceased, the person is to be treated as having continued to have the excuse if the failure is remedied without unreasonable delay after the excuse ceased, and</p></content></level><level class="para1" eId="section-201-d"><num>(d)</num><intro><p>reliance on legal advice is to be taken automatically not to constitute a reasonable excuse if either—</p></intro><level class="para2" eId="section-201-d-i"><num>(i)</num><content><p>the advice was not based on a full and accurate description of the facts, or</p></content></level><level class="para2" eId="section-201-d-ii"><num>(ii)</num><content><p>the conclusions in the advice that the person relied upon were unreasonable.</p></content></level></level></section><section eId="section-202"><num>202</num><heading>Double jeopardy</heading><content><p>A person is not liable to a penalty under this Chapter in respect of anything in respect of which the person has been convicted of an offence.</p></content></section><section eId="section-203"><num>203</num><heading>Assessment etc of penalties: application of <ref eId="c00229" href="https://www.legislation.gov.uk/ukpga/2008/9/schedule/36">Schedule 36</ref> to <ref eId="c00230" href="https://www.legislation.gov.uk/ukpga/2008/9/contents">FA 2008</ref></heading><subsection eId="section-203-1"><num>(1)</num><content><p>The following paragraphs of <ref eId="c00231" href="https://www.legislation.gov.uk/ukpga/2008/9/schedule/36">Schedule 36</ref> to <ref eId="c00232" href="https://www.legislation.gov.uk/ukpga/2008/9/contents">FA 2008</ref> apply as set out below.</p></content></subsection><subsection eId="section-203-2"><num>(2)</num><intro><p>Paragraph 46 (assessment of penalty) applies to—</p></intro><level class="para1" eId="section-203-2-a"><num>(a)</num><content><p>a penalty under sections <ref href="#section-194">194</ref> (failure to comply) and <ref href="#section-195">195</ref> (concealing information) as it applies to a penalty under paragraphs 39 and 40 of the Schedule;</p></content></level><level class="para1" eId="section-203-2-b"><num>(b)</num><content><p>a penalty under section <ref href="#section-196">196</ref> (inaccurate information) as it applies to a penalty under paragraph 40A of the Schedule.</p></content></level></subsection><subsection eId="section-203-3"><num>(3)</num><content><p>Paragraph 51B(2) and (3) (assessment of a penalty for disclosure) apply to a penalty under section <ref href="#section-197">197</ref> (disclosure of a notice) as they apply to a penalty under <ref eId="c00233" href="https://www.legislation.gov.uk/ukpga/2008/9/schedule/36/paragraph/51B">paragraph 51B</ref><ref eId="c00234" href="https://www.legislation.gov.uk/ukpga/2008/9/schedule/36/paragraph/51B">(1)</ref> of <ref eId="c00235" href="https://www.legislation.gov.uk/ukpga/2008/9/schedule/36">the Schedule</ref>.</p></content></subsection><subsection eId="section-203-4"><num>(4)</num><content><p>Paragraph 49 (enforcement of penalty) applies to a penalty under sections <ref href="#section-194">194</ref> to <ref href="#section-197">197</ref> as it applies to a penalty under <ref eId="c00236" href="https://www.legislation.gov.uk/ukpga/2008/9/schedule/36/paragraph/39">paragraphs 39</ref>, <ref eId="c00237" href="https://www.legislation.gov.uk/ukpga/2008/9/schedule/36/paragraph/40">40</ref> and <ref eId="c00238" href="https://www.legislation.gov.uk/ukpga/2008/9/schedule/36/paragraph/40A">40A</ref> of <ref eId="c00239" href="https://www.legislation.gov.uk/ukpga/2008/9/schedule/36">the Schedule</ref> and, in the case of a penalty under <ref href="#section-197">section 197</ref> (disclosure of a notice), the reference to notification under paragraph 46 of the Schedule is to be read as a reference to notification under paragraph 51B(2)(b) of the Schedule).</p></content></subsection><subsection eId="section-203-5"><num>(5)</num><content><p>Paragraph 51 (enforcement of a tax-related penalty) applies to a penalty under section <ref href="#section-198">198</ref> (penalties based on monies received) as it applies to a penalty under <ref eId="c00240" href="https://www.legislation.gov.uk/ukpga/2008/9/schedule/36/paragraph/50">paragraph 50</ref> of <ref eId="c00241" href="https://www.legislation.gov.uk/ukpga/2008/9/schedule/36">the Schedule</ref>.</p></content></subsection></section></hcontainer><hcontainer name="crossheading" ukl:Name="Pblock" eId="part-6-chapter-3-crossheading-appeals"><heading>Appeals</heading><section eId="section-204"><num>204</num><heading>Appeals against notices</heading><subsection eId="section-204-1"><num>(1)</num><content><p>A recipient of a notice under <ref href="#section-179">section 179</ref> (connected persons) may appeal against the issue of the notice or any requirement in the notice.</p></content></subsection><subsection eId="section-204-2"><num>(2)</num><content><p>A recipient of a notice under <ref href="#section-180">section 180</ref> (third parties) may appeal against the issue of the notice or any requirement in the notice on the grounds that it would be unduly onerous to comply with the notice or requirement.</p></content></subsection><subsection eId="section-204-3"><num>(3)</num><content><p>A recipient of a notice under <ref href="#section-182">section 182</ref> (identification) may appeal against the issue of the notice or any requirement in the notice on the grounds that it would be unduly onerous to comply with the notice or requirement.</p></content></subsection><subsection eId="section-204-4"><num>(4)</num><content><p><span><ref href="#section-204-1">Subsections (1)</ref> to <ref href="#section-204-3">(3)</ref></span> do not apply in relation to a notice that was issued with tribunal approval.</p></content></subsection><subsection eId="section-204-5"><num>(5)</num><content><p><ref eId="c00242" href="https://www.legislation.gov.uk/ukpga/2008/9/schedule/36/paragraph/32">Paragraph 32</ref> of <ref eId="c00243" href="https://www.legislation.gov.uk/ukpga/2008/9/schedule/36">Schedule 36</ref> to <ref eId="c00244" href="https://www.legislation.gov.uk/ukpga/2008/9/contents">FA 2008</ref> applies to appeals under <ref href="#section-204">this section</ref> as it applies to appeals under <ref eId="c00245" href="https://www.legislation.gov.uk/ukpga/2008/9/schedule/36/part/5">Part 5</ref> of <ref eId="c00246" href="https://www.legislation.gov.uk/ukpga/2008/9/schedule/36">that Schedule</ref> (and references to information notices are to be read as references to notices under this Chapter).</p></content></subsection></section><section eId="section-205"><num>205</num><heading>Appeals against penalties</heading><subsection eId="section-205-1"><num>(1)</num><intro><p>A person may appeal against any of the following decisions—</p></intro><level class="para1" eId="section-205-1-a"><num>(a)</num><content><p>a decision of an officer of Revenue and Customs that a penalty is payable under <span><ref href="#section-194">sections 194</ref> to <ref href="#section-197">197</ref></span>, and</p></content></level><level class="para1" eId="section-205-1-b"><num>(b)</num><content><p>a decision of an officer of Revenue and Customs as to the amount of a penalty under <span><ref href="#section-194">sections 194</ref> to <ref href="#section-197">197</ref>.</span></p></content></level></subsection><subsection eId="section-205-2"><num>(2)</num><content><p><ref eId="c00247" href="https://www.legislation.gov.uk/ukpga/2008/9/schedule/36/paragraph/48">Paragraph 48</ref> of <ref eId="c00248" href="https://www.legislation.gov.uk/ukpga/2008/9/schedule/36">Schedule 36</ref> to <ref eId="c00249" href="https://www.legislation.gov.uk/ukpga/2008/9/contents">FA 2008</ref> (procedure on appeal against penalty) applies to appeals under <ref href="#section-205">this section</ref> as it applies to appeals under <ref eId="c00250" href="https://www.legislation.gov.uk/ukpga/2008/9/schedule/36/paragraph/47">paragraph 47</ref> of <ref eId="c00251" href="https://www.legislation.gov.uk/ukpga/2008/9/schedule/36">that Schedule</ref> (and references to paragraph 47(1)(a) and (b) in paragraph 48 are to be read as references to subsection (1)(a) and (b) of this section).</p></content></subsection></section></hcontainer><hcontainer name="crossheading" ukl:Name="Pblock" eId="part-6-chapter-3-crossheading-miscellaneous-and-interpretation"><heading>Miscellaneous and interpretation</heading><section eId="section-206"><num>206</num><heading>Interpretation</heading><subsection eId="section-206-1"><num>(1)</num><intro><p>In this Chapter—</p></intro><hcontainer name="definition"><content><p>“<term refersTo="#term-arrangements" eId="term-arrangements">arrangements</term>” includes any agreement, scheme, arrangement or understanding of any kind whether or not legally enforceable involving one or more transactions;</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-authorised-officer-of-revenue-and-customs" eId="term-authorised-officer-of-revenue-and-customs">authorised officer of Revenue and Customs</term>” means an officer of Revenue and Customs who is, or is a member of a class of officers who are, authorised by the Commissioners for the purpose of this Chapter;</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-commissioners" eId="term-commissioners">Commissioners</term>” means the Commissioners for His Majesty’s Revenue and Customs;</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-document" eId="term-document">document</term>” includes any part of a document (and see subsection (2));</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-hmrc" eId="term-hmrc">HMRC</term>” means His Majesty’s Revenue and Customs;</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-information" eId="term-information">information</term>” includes a document (and see subsection (2));</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-information-notice" eId="term-information-notice">information notice</term>” means a notice issued under any of sections <ref href="#section-179">179</ref> to <ref href="#section-183">183</ref>;</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-investigation-of-tax-avoidance" eId="term-investigation-of-tax-avoidance">investigation of tax avoidance</term>” includes the exercise of a function under an anti-avoidance enactment;</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-recipient" eId="term-recipient">recipient</term>”, in relation to a notice, means the person to whom the notice is issued;</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-tribunal" eId="term-tribunal">tribunal</term>” means the First-tier Tribunal or, where determined by or under the Tribunal Procedure Rules, the Upper Tribunal.</p></content></hcontainer></subsection><subsection eId="section-206-2"><num>(2)</num><intro><p>For the purposes of this Chapter—</p></intro><level class="para1" eId="section-206-2-a"><num>(a)</num><content><p>a reference to providing information includes a reference to producing documents;</p></content></level><level class="para1" eId="section-206-2-b"><num>(b)</num><content><p>a reference to a document is a reference to anything in which information of any description is recorded.</p></content></level></subsection><subsection eId="section-206-3"><num>(3)</num><content><p><ref eId="c00252" href="https://www.legislation.gov.uk/ukpga/2008/9/schedule/36/paragraph/7">Paragraphs 7</ref><ref eId="c00253" href="https://www.legislation.gov.uk/ukpga/2008/9/schedule/36/paragraph/7">(2) to (4)</ref>, <ref eId="c00254" href="https://www.legislation.gov.uk/ukpga/2008/9/schedule/36/paragraph/8">8</ref>, <ref eId="c00255" href="https://www.legislation.gov.uk/ukpga/2008/9/schedule/36/paragraph/15">15</ref> and <ref eId="c00256" href="https://www.legislation.gov.uk/ukpga/2008/9/schedule/36/paragraph/16">16</ref> of <ref eId="c00257" href="https://www.legislation.gov.uk/ukpga/2008/9/schedule/36">Schedule 36</ref> to <ref eId="c00258" href="https://www.legislation.gov.uk/ukpga/2008/9/contents">FA 2008</ref> (provision relating to documents) apply in relation to documents required under this Chapter as they apply in relation to documents required under <ref eId="c00259" href="https://www.legislation.gov.uk/ukpga/2008/9/schedule/36">that Schedule</ref>.</p></content></subsection></section><section eId="section-207"><num>207</num><heading>Application of provisions of <ref eId="c00260" href="https://www.legislation.gov.uk/ukpga/1970/9/contents">TMA 1970</ref></heading><intro><p>The following provisions of <ref eId="c00261" href="https://www.legislation.gov.uk/ukpga/1970/9/contents">TMA 1970</ref> apply for the purposes of <ref href="#part-6-chapter-3">this Chapter</ref> as they apply for the purposes of the Taxes Acts—</p></intro><level class="para1" eId="section-207-a"><num>(a)</num><content><p><ref eId="c00262" href="https://www.legislation.gov.uk/ukpga/1970/9/section/108">section 108</ref> (responsibility of officers);</p></content></level><level class="para1" eId="section-207-b"><num>(b)</num><content><p><ref eId="c00263" href="https://www.legislation.gov.uk/ukpga/1970/9/section/114">section 114</ref> (want of form);</p></content></level><level class="para1" eId="section-207-c"><num>(c)</num><content><p><ref eId="c00264" href="https://www.legislation.gov.uk/ukpga/1970/9/section/115">section 115</ref> (delivery and service of documents).</p></content></level></section><section eId="section-208"><num>208</num><heading>Repeals</heading><subsection eId="section-208-1"><num>(1)</num><content><p>Section 272A of FA 2014 is repealed.</p></content></subsection><subsection eId="section-208-2"><num>(2)</num><content><p>Subsection (1) comes into force on such day as the Treasury may by regulations made by statutory instrument appoint.</p></content></subsection></section></hcontainer></chapter>
<hcontainer xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" name="crossheading" ukl:Name="Pblock" eId="part-6-chapter-3-crossheading-key-definitions"><heading>Key definitions</heading><section eId="section-177"><num>177</num><heading>Connected persons</heading><subsection eId="section-177-1"><num>(1)</num><intro><p>In this Chapter, a “<term refersTo="#term-connected-person" eId="term-connected-person">connected person</term>” means a person who an officer of Revenue and Customs reasonably suspects is or has been—</p></intro><level class="para1" eId="section-177-1-a"><num>(a)</num><content><p>contravening an anti-avoidance enactment,</p></content></level><level class="para1" eId="section-177-1-b"><num>(b)</num><content><p>connected to a person who is or has been contravening an anti-avoidance enactment, or</p></content></level><level class="para1" eId="section-177-1-c"><num>(c)</num><content><p>connected to arrangements by reference to which a person is or has been contravening an anti-avoidance enactment.</p></content></level></subsection><subsection eId="section-177-2"><num>(2)</num><intro><p>For the purposes of <ref href="#section-177-1">subsection (1)</ref><ref href="#section-177-1-b">(b)</ref>, two persons (“<term refersTo="#term-a" eId="term-a">A</term>” and “<term refersTo="#term-b" eId="term-b">B</term>”) are connected if—</p></intro><level class="para1" eId="section-177-2-a"><num>(a)</num><content><p>A is a director, manager, secretary or other officer or employee of B,</p></content></level><level class="para1" eId="section-177-2-b"><num>(b)</num><content><p>A is a member of, or partner in, B,</p></content></level><level class="para1" eId="section-177-2-c"><num>(c)</num><content><p>A is a trustee, settlor, beneficiary or administrator of a trust in respect of which B is a trustee, settlor, beneficiary or administrator, or</p></content></level><level class="para1" eId="section-177-2-d"><num>(d)</num><content><p>A is accustomed to acting in accordance with B’s directions or instructions.</p></content></level></subsection><subsection eId="section-177-3"><num>(3)</num><intro><p>For the purposes of <ref href="#section-177-1">subsection (1)</ref><ref href="#section-177-1-c">(c)</ref>, a person is connected to arrangements if the person is—</p></intro><level class="para1" eId="section-177-3-a"><num>(a)</num><content><p>to any extent involved in making the arrangements available for implementation by another person,</p></content></level><level class="para1" eId="section-177-3-b"><num>(b)</num><content><p>to any extent involved in the organisation or management of the arrangements, or</p></content></level><level class="para1" eId="section-177-3-c"><num>(c)</num><content><p>directly or indirectly benefiting from the arrangements.</p></content></level></subsection></section><section eId="section-178"><num>178</num><heading>Anti-avoidance enactments</heading><subsection eId="section-178-1"><num>(1)</num><intro><p>In <ref href="#part-6">this Chapter</ref>, an “<term refersTo="#term-anti-avoidance-enactment" eId="term-anti-avoidance-enactment">anti-avoidance enactment</term>” means—</p></intro><level class="para1" eId="section-178-1-a"><num>(a)</num><content><p><ref eId="c00200" href="https://www.legislation.gov.uk/ukpga/2004/12/part/7">Part 7</ref> of <ref eId="c00201" href="https://www.legislation.gov.uk/ukpga/2004/12/contents">FA 2004</ref> (disclosure of tax avoidance schemes);</p></content></level><level class="para1" eId="section-178-1-b"><num>(b)</num><content><p><ref eId="c00202" href="https://www.legislation.gov.uk/ukpga/2014/26/part/5">Part 5</ref> of <ref eId="c00203" href="https://www.legislation.gov.uk/ukpga/2014/26/contents">FA 2014</ref> (promoters of tax avoidance schemes);</p></content></level><level class="para1" eId="section-178-1-c"><num>(c)</num><content><p><ref eId="c00204" href="https://www.legislation.gov.uk/ukpga/2017/32/schedule/16">Schedule 16</ref> to <ref eId="c00205" href="https://www.legislation.gov.uk/ukpga/2017/32/contents">F(No.2)A 2017</ref> (penalties for enablers of defeated tax avoidance);</p></content></level><level class="para1" eId="section-178-1-d"><num>(d)</num><content><p><ref eId="c00206" href="https://www.legislation.gov.uk/ukpga/2017/32/schedule/17">Schedule 17</ref> to <ref eId="c00207" href="https://www.legislation.gov.uk/ukpga/2017/32/contents">F(No.2)A 2017</ref> (disclosure of tax avoidance schemes: VAT and other indirect taxes);</p></content></level><level class="para1" eId="section-178-1-e"><num>(e)</num><content><p>Chapter 1 of this Part (prohibition on promotion of certain tax avoidance arrangements).</p></content></level></subsection><subsection eId="section-178-2"><num>(2)</num><intro><p>And a reference to taking action under an anti-avoidance enactment includes a reference to taking action under—</p></intro><level class="para1" eId="section-178-2-a"><num>(a)</num><content><p><ref eId="c00208" href="https://www.legislation.gov.uk/ukpga/1986/46/section/8ZF">sections 8ZF</ref> and <ref eId="c00209" href="https://www.legislation.gov.uk/ukpga/1986/46/section/8ZG">8ZG</ref> of the <ref eId="c00210" href="https://www.legislation.gov.uk/ukpga/1986/46/contents">Company Directors Disqualification Act 1986</ref> (disqualification for promoting tax avoidance);</p></content></level><level class="para1" eId="section-178-2-b"><num>(b)</num><content><p><ref eId="c00211" href="https://www.legislation.gov.uk/ukpga/2020/14/schedule/13">Schedule 13</ref> to <ref eId="c00212" href="https://www.legislation.gov.uk/ukpga/2020/14/contents">FA 2020</ref> (joint and several liability);</p></content></level><level class="para1" eId="section-178-2-c"><num>(c)</num><content><p><ref eId="c00213" href="https://www.legislation.gov.uk/ukpga/2022/3/section/85">section 85</ref> of <ref eId="c00214" href="https://www.legislation.gov.uk/ukpga/2022/3/contents">FA 2022</ref> (winding up petitions by an officer of HMRC);</p></content></level><level class="para1" eId="section-178-2-d"><num>(d)</num><content><p><ref eId="c00215" href="https://www.legislation.gov.uk/ukpga/2022/3/section/86">section 86</ref> of <ref eId="c00216" href="https://www.legislation.gov.uk/ukpga/2022/3/contents">FA 2022</ref> (publication by HMRC of information about tax avoidance schemes);</p></content></level><level class="para1" eId="section-178-2-e"><num>(e)</num><content><p><ref eId="c00217" href="https://www.legislation.gov.uk/ukpga/2022/3/section/87">sections 87</ref>, <ref eId="c00218" href="https://www.legislation.gov.uk/ukpga/2022/3/section/88">88</ref> and <ref eId="c00219" href="https://www.legislation.gov.uk/ukpga/2022/3/section/89">89</ref> of <ref eId="c00220" href="https://www.legislation.gov.uk/ukpga/2022/3/contents">FA 2022</ref> (freezing orders etc);</p></content></level><level class="para1" eId="section-178-2-f"><num>(f)</num><content><p><ref eId="c00221" href="https://www.legislation.gov.uk/ukpga/2022/3/schedule/13">Schedule 13</ref> to <ref eId="c00222" href="https://www.legislation.gov.uk/ukpga/2022/3/contents">FA 2022</ref> (penalties for facilitating avoidance schemes involving non-resident promoters);</p></content></level><level class="para1" eId="section-178-2-g"><num>(g)</num><content><p>Chapter 2 of this Part (promoter action notices).</p></content></level></subsection></section></hcontainer>
<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-177"><num>177</num><heading>Connected persons</heading><subsection eId="section-177-1"><num>(1)</num><intro><p>In this Chapter, a “<term refersTo="#term-connected-person" eId="term-connected-person">connected person</term>” means a person who an officer of Revenue and Customs reasonably suspects is or has been—</p></intro><level class="para1" eId="section-177-1-a"><num>(a)</num><content><p>contravening an anti-avoidance enactment,</p></content></level><level class="para1" eId="section-177-1-b"><num>(b)</num><content><p>connected to a person who is or has been contravening an anti-avoidance enactment, or</p></content></level><level class="para1" eId="section-177-1-c"><num>(c)</num><content><p>connected to arrangements by reference to which a person is or has been contravening an anti-avoidance enactment.</p></content></level></subsection><subsection eId="section-177-2"><num>(2)</num><intro><p>For the purposes of <ref href="#section-177-1">subsection (1)</ref><ref href="#section-177-1-b">(b)</ref>, two persons (“<term refersTo="#term-a" eId="term-a">A</term>” and “<term refersTo="#term-b" eId="term-b">B</term>”) are connected if—</p></intro><level class="para1" eId="section-177-2-a"><num>(a)</num><content><p>A is a director, manager, secretary or other officer or employee of B,</p></content></level><level class="para1" eId="section-177-2-b"><num>(b)</num><content><p>A is a member of, or partner in, B,</p></content></level><level class="para1" eId="section-177-2-c"><num>(c)</num><content><p>A is a trustee, settlor, beneficiary or administrator of a trust in respect of which B is a trustee, settlor, beneficiary or administrator, or</p></content></level><level class="para1" eId="section-177-2-d"><num>(d)</num><content><p>A is accustomed to acting in accordance with B’s directions or instructions.</p></content></level></subsection><subsection eId="section-177-3"><num>(3)</num><intro><p>For the purposes of <ref href="#section-177-1">subsection (1)</ref><ref href="#section-177-1-c">(c)</ref>, a person is connected to arrangements if the person is—</p></intro><level class="para1" eId="section-177-3-a"><num>(a)</num><content><p>to any extent involved in making the arrangements available for implementation by another person,</p></content></level><level class="para1" eId="section-177-3-b"><num>(b)</num><content><p>to any extent involved in the organisation or management of the arrangements, or</p></content></level><level class="para1" eId="section-177-3-c"><num>(c)</num><content><p>directly or indirectly benefiting from the arrangements.</p></content></level></subsection></section>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-177-1"><num>(1)</num><intro><p>In this Chapter, a “<term refersTo="#term-connected-person" eId="term-connected-person">connected person</term>” means a person who an officer of Revenue and Customs reasonably suspects is or has been—</p></intro><level class="para1" eId="section-177-1-a"><num>(a)</num><content><p>contravening an anti-avoidance enactment,</p></content></level><level class="para1" eId="section-177-1-b"><num>(b)</num><content><p>connected to a person who is or has been contravening an anti-avoidance enactment, or</p></content></level><level class="para1" eId="section-177-1-c"><num>(c)</num><content><p>connected to arrangements by reference to which a person is or has been contravening an anti-avoidance enactment.</p></content></level></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-177-1-a"><num>(a)</num><content><p>contravening an anti-avoidance enactment,</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-177-1-b"><num>(b)</num><content><p>connected to a person who is or has been contravening an anti-avoidance enactment, or</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-177-1-c"><num>(c)</num><content><p>connected to arrangements by reference to which a person is or has been contravening an anti-avoidance enactment.</p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-177-2"><num>(2)</num><intro><p>For the purposes of <ref href="#section-177-1">subsection (1)</ref><ref href="#section-177-1-b">(b)</ref>, two persons (“<term refersTo="#term-a" eId="term-a">A</term>” and “<term refersTo="#term-b" eId="term-b">B</term>”) are connected if—</p></intro><level class="para1" eId="section-177-2-a"><num>(a)</num><content><p>A is a director, manager, secretary or other officer or employee of B,</p></content></level><level class="para1" eId="section-177-2-b"><num>(b)</num><content><p>A is a member of, or partner in, B,</p></content></level><level class="para1" eId="section-177-2-c"><num>(c)</num><content><p>A is a trustee, settlor, beneficiary or administrator of a trust in respect of which B is a trustee, settlor, beneficiary or administrator, or</p></content></level><level class="para1" eId="section-177-2-d"><num>(d)</num><content><p>A is accustomed to acting in accordance with B’s directions or instructions.</p></content></level></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-177-2-a"><num>(a)</num><content><p>A is a director, manager, secretary or other officer or employee of B,</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-177-2-b"><num>(b)</num><content><p>A is a member of, or partner in, B,</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-177-2-c"><num>(c)</num><content><p>A is a trustee, settlor, beneficiary or administrator of a trust in respect of which B is a trustee, settlor, beneficiary or administrator, or</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-177-2-d"><num>(d)</num><content><p>A is accustomed to acting in accordance with B’s directions or instructions.</p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-177-3"><num>(3)</num><intro><p>For the purposes of <ref href="#section-177-1">subsection (1)</ref><ref href="#section-177-1-c">(c)</ref>, a person is connected to arrangements if the person is—</p></intro><level class="para1" eId="section-177-3-a"><num>(a)</num><content><p>to any extent involved in making the arrangements available for implementation by another person,</p></content></level><level class="para1" eId="section-177-3-b"><num>(b)</num><content><p>to any extent involved in the organisation or management of the arrangements, or</p></content></level><level class="para1" eId="section-177-3-c"><num>(c)</num><content><p>directly or indirectly benefiting from the arrangements.</p></content></level></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-177-3-a"><num>(a)</num><content><p>to any extent involved in making the arrangements available for implementation by another person,</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-177-3-b"><num>(b)</num><content><p>to any extent involved in the organisation or management of the arrangements, or</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-177-3-c"><num>(c)</num><content><p>directly or indirectly benefiting from the arrangements.</p></content></level>
<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-178"><num>178</num><heading>Anti-avoidance enactments</heading><subsection eId="section-178-1"><num>(1)</num><intro><p>In <ref href="#part-6">this Chapter</ref>, an “<term refersTo="#term-anti-avoidance-enactment" eId="term-anti-avoidance-enactment">anti-avoidance enactment</term>” means—</p></intro><level class="para1" eId="section-178-1-a"><num>(a)</num><content><p><ref eId="c00200" href="https://www.legislation.gov.uk/ukpga/2004/12/part/7">Part 7</ref> of <ref eId="c00201" href="https://www.legislation.gov.uk/ukpga/2004/12/contents">FA 2004</ref> (disclosure of tax avoidance schemes);</p></content></level><level class="para1" eId="section-178-1-b"><num>(b)</num><content><p><ref eId="c00202" href="https://www.legislation.gov.uk/ukpga/2014/26/part/5">Part 5</ref> of <ref eId="c00203" href="https://www.legislation.gov.uk/ukpga/2014/26/contents">FA 2014</ref> (promoters of tax avoidance schemes);</p></content></level><level class="para1" eId="section-178-1-c"><num>(c)</num><content><p><ref eId="c00204" href="https://www.legislation.gov.uk/ukpga/2017/32/schedule/16">Schedule 16</ref> to <ref eId="c00205" href="https://www.legislation.gov.uk/ukpga/2017/32/contents">F(No.2)A 2017</ref> (penalties for enablers of defeated tax avoidance);</p></content></level><level class="para1" eId="section-178-1-d"><num>(d)</num><content><p><ref eId="c00206" href="https://www.legislation.gov.uk/ukpga/2017/32/schedule/17">Schedule 17</ref> to <ref eId="c00207" href="https://www.legislation.gov.uk/ukpga/2017/32/contents">F(No.2)A 2017</ref> (disclosure of tax avoidance schemes: VAT and other indirect taxes);</p></content></level><level class="para1" eId="section-178-1-e"><num>(e)</num><content><p>Chapter 1 of this Part (prohibition on promotion of certain tax avoidance arrangements).</p></content></level></subsection><subsection eId="section-178-2"><num>(2)</num><intro><p>And a reference to taking action under an anti-avoidance enactment includes a reference to taking action under—</p></intro><level class="para1" eId="section-178-2-a"><num>(a)</num><content><p><ref eId="c00208" href="https://www.legislation.gov.uk/ukpga/1986/46/section/8ZF">sections 8ZF</ref> and <ref eId="c00209" href="https://www.legislation.gov.uk/ukpga/1986/46/section/8ZG">8ZG</ref> of the <ref eId="c00210" href="https://www.legislation.gov.uk/ukpga/1986/46/contents">Company Directors Disqualification Act 1986</ref> (disqualification for promoting tax avoidance);</p></content></level><level class="para1" eId="section-178-2-b"><num>(b)</num><content><p><ref eId="c00211" href="https://www.legislation.gov.uk/ukpga/2020/14/schedule/13">Schedule 13</ref> to <ref eId="c00212" href="https://www.legislation.gov.uk/ukpga/2020/14/contents">FA 2020</ref> (joint and several liability);</p></content></level><level class="para1" eId="section-178-2-c"><num>(c)</num><content><p><ref eId="c00213" href="https://www.legislation.gov.uk/ukpga/2022/3/section/85">section 85</ref> of <ref eId="c00214" href="https://www.legislation.gov.uk/ukpga/2022/3/contents">FA 2022</ref> (winding up petitions by an officer of HMRC);</p></content></level><level class="para1" eId="section-178-2-d"><num>(d)</num><content><p><ref eId="c00215" href="https://www.legislation.gov.uk/ukpga/2022/3/section/86">section 86</ref> of <ref eId="c00216" href="https://www.legislation.gov.uk/ukpga/2022/3/contents">FA 2022</ref> (publication by HMRC of information about tax avoidance schemes);</p></content></level><level class="para1" eId="section-178-2-e"><num>(e)</num><content><p><ref eId="c00217" href="https://www.legislation.gov.uk/ukpga/2022/3/section/87">sections 87</ref>, <ref eId="c00218" href="https://www.legislation.gov.uk/ukpga/2022/3/section/88">88</ref> and <ref eId="c00219" href="https://www.legislation.gov.uk/ukpga/2022/3/section/89">89</ref> of <ref eId="c00220" href="https://www.legislation.gov.uk/ukpga/2022/3/contents">FA 2022</ref> (freezing orders etc);</p></content></level><level class="para1" eId="section-178-2-f"><num>(f)</num><content><p><ref eId="c00221" href="https://www.legislation.gov.uk/ukpga/2022/3/schedule/13">Schedule 13</ref> to <ref eId="c00222" href="https://www.legislation.gov.uk/ukpga/2022/3/contents">FA 2022</ref> (penalties for facilitating avoidance schemes involving non-resident promoters);</p></content></level><level class="para1" eId="section-178-2-g"><num>(g)</num><content><p>Chapter 2 of this Part (promoter action notices).</p></content></level></subsection></section>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-178-1"><num>(1)</num><intro><p>In <ref href="#part-6">this Chapter</ref>, an “<term refersTo="#term-anti-avoidance-enactment" eId="term-anti-avoidance-enactment">anti-avoidance enactment</term>” means—</p></intro><level class="para1" eId="section-178-1-a"><num>(a)</num><content><p><ref eId="c00200" href="https://www.legislation.gov.uk/ukpga/2004/12/part/7">Part 7</ref> of <ref eId="c00201" href="https://www.legislation.gov.uk/ukpga/2004/12/contents">FA 2004</ref> (disclosure of tax avoidance schemes);</p></content></level><level class="para1" eId="section-178-1-b"><num>(b)</num><content><p><ref eId="c00202" href="https://www.legislation.gov.uk/ukpga/2014/26/part/5">Part 5</ref> of <ref eId="c00203" href="https://www.legislation.gov.uk/ukpga/2014/26/contents">FA 2014</ref> (promoters of tax avoidance schemes);</p></content></level><level class="para1" eId="section-178-1-c"><num>(c)</num><content><p><ref eId="c00204" href="https://www.legislation.gov.uk/ukpga/2017/32/schedule/16">Schedule 16</ref> to <ref eId="c00205" href="https://www.legislation.gov.uk/ukpga/2017/32/contents">F(No.2)A 2017</ref> (penalties for enablers of defeated tax avoidance);</p></content></level><level class="para1" eId="section-178-1-d"><num>(d)</num><content><p><ref eId="c00206" href="https://www.legislation.gov.uk/ukpga/2017/32/schedule/17">Schedule 17</ref> to <ref eId="c00207" href="https://www.legislation.gov.uk/ukpga/2017/32/contents">F(No.2)A 2017</ref> (disclosure of tax avoidance schemes: VAT and other indirect taxes);</p></content></level><level class="para1" eId="section-178-1-e"><num>(e)</num><content><p>Chapter 1 of this Part (prohibition on promotion of certain tax avoidance arrangements).</p></content></level></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-178-1-a"><num>(a)</num><content><p><ref eId="c00200" href="https://www.legislation.gov.uk/ukpga/2004/12/part/7">Part 7</ref> of <ref eId="c00201" href="https://www.legislation.gov.uk/ukpga/2004/12/contents">FA 2004</ref> (disclosure of tax avoidance schemes);</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-178-1-b"><num>(b)</num><content><p><ref eId="c00202" href="https://www.legislation.gov.uk/ukpga/2014/26/part/5">Part 5</ref> of <ref eId="c00203" href="https://www.legislation.gov.uk/ukpga/2014/26/contents">FA 2014</ref> (promoters of tax avoidance schemes);</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-178-1-c"><num>(c)</num><content><p><ref eId="c00204" href="https://www.legislation.gov.uk/ukpga/2017/32/schedule/16">Schedule 16</ref> to <ref eId="c00205" href="https://www.legislation.gov.uk/ukpga/2017/32/contents">F(No.2)A 2017</ref> (penalties for enablers of defeated tax avoidance);</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-178-1-d"><num>(d)</num><content><p><ref eId="c00206" href="https://www.legislation.gov.uk/ukpga/2017/32/schedule/17">Schedule 17</ref> to <ref eId="c00207" href="https://www.legislation.gov.uk/ukpga/2017/32/contents">F(No.2)A 2017</ref> (disclosure of tax avoidance schemes: VAT and other indirect taxes);</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-178-1-e"><num>(e)</num><content><p>Chapter 1 of this Part (prohibition on promotion of certain tax avoidance arrangements).</p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-178-2"><num>(2)</num><intro><p>And a reference to taking action under an anti-avoidance enactment includes a reference to taking action under—</p></intro><level class="para1" eId="section-178-2-a"><num>(a)</num><content><p><ref eId="c00208" href="https://www.legislation.gov.uk/ukpga/1986/46/section/8ZF">sections 8ZF</ref> and <ref eId="c00209" href="https://www.legislation.gov.uk/ukpga/1986/46/section/8ZG">8ZG</ref> of the <ref eId="c00210" href="https://www.legislation.gov.uk/ukpga/1986/46/contents">Company Directors Disqualification Act 1986</ref> (disqualification for promoting tax avoidance);</p></content></level><level class="para1" eId="section-178-2-b"><num>(b)</num><content><p><ref eId="c00211" href="https://www.legislation.gov.uk/ukpga/2020/14/schedule/13">Schedule 13</ref> to <ref eId="c00212" href="https://www.legislation.gov.uk/ukpga/2020/14/contents">FA 2020</ref> (joint and several liability);</p></content></level><level class="para1" eId="section-178-2-c"><num>(c)</num><content><p><ref eId="c00213" href="https://www.legislation.gov.uk/ukpga/2022/3/section/85">section 85</ref> of <ref eId="c00214" href="https://www.legislation.gov.uk/ukpga/2022/3/contents">FA 2022</ref> (winding up petitions by an officer of HMRC);</p></content></level><level class="para1" eId="section-178-2-d"><num>(d)</num><content><p><ref eId="c00215" href="https://www.legislation.gov.uk/ukpga/2022/3/section/86">section 86</ref> of <ref eId="c00216" href="https://www.legislation.gov.uk/ukpga/2022/3/contents">FA 2022</ref> (publication by HMRC of information about tax avoidance schemes);</p></content></level><level class="para1" eId="section-178-2-e"><num>(e)</num><content><p><ref eId="c00217" href="https://www.legislation.gov.uk/ukpga/2022/3/section/87">sections 87</ref>, <ref eId="c00218" href="https://www.legislation.gov.uk/ukpga/2022/3/section/88">88</ref> and <ref eId="c00219" href="https://www.legislation.gov.uk/ukpga/2022/3/section/89">89</ref> of <ref eId="c00220" href="https://www.legislation.gov.uk/ukpga/2022/3/contents">FA 2022</ref> (freezing orders etc);</p></content></level><level class="para1" eId="section-178-2-f"><num>(f)</num><content><p><ref eId="c00221" href="https://www.legislation.gov.uk/ukpga/2022/3/schedule/13">Schedule 13</ref> to <ref eId="c00222" href="https://www.legislation.gov.uk/ukpga/2022/3/contents">FA 2022</ref> (penalties for facilitating avoidance schemes involving non-resident promoters);</p></content></level><level class="para1" eId="section-178-2-g"><num>(g)</num><content><p>Chapter 2 of this Part (promoter action notices).</p></content></level></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-178-2-a"><num>(a)</num><content><p><ref eId="c00208" href="https://www.legislation.gov.uk/ukpga/1986/46/section/8ZF">sections 8ZF</ref> and <ref eId="c00209" href="https://www.legislation.gov.uk/ukpga/1986/46/section/8ZG">8ZG</ref> of the <ref eId="c00210" href="https://www.legislation.gov.uk/ukpga/1986/46/contents">Company Directors Disqualification Act 1986</ref> (disqualification for promoting tax avoidance);</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-178-2-b"><num>(b)</num><content><p><ref eId="c00211" href="https://www.legislation.gov.uk/ukpga/2020/14/schedule/13">Schedule 13</ref> to <ref eId="c00212" href="https://www.legislation.gov.uk/ukpga/2020/14/contents">FA 2020</ref> (joint and several liability);</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-178-2-c"><num>(c)</num><content><p><ref eId="c00213" href="https://www.legislation.gov.uk/ukpga/2022/3/section/85">section 85</ref> of <ref eId="c00214" href="https://www.legislation.gov.uk/ukpga/2022/3/contents">FA 2022</ref> (winding up petitions by an officer of HMRC);</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-178-2-d"><num>(d)</num><content><p><ref eId="c00215" href="https://www.legislation.gov.uk/ukpga/2022/3/section/86">section 86</ref> of <ref eId="c00216" href="https://www.legislation.gov.uk/ukpga/2022/3/contents">FA 2022</ref> (publication by HMRC of information about tax avoidance schemes);</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-178-2-e"><num>(e)</num><content><p><ref eId="c00217" href="https://www.legislation.gov.uk/ukpga/2022/3/section/87">sections 87</ref>, <ref eId="c00218" href="https://www.legislation.gov.uk/ukpga/2022/3/section/88">88</ref> and <ref eId="c00219" href="https://www.legislation.gov.uk/ukpga/2022/3/section/89">89</ref> of <ref eId="c00220" href="https://www.legislation.gov.uk/ukpga/2022/3/contents">FA 2022</ref> (freezing orders etc);</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-178-2-f"><num>(f)</num><content><p><ref eId="c00221" href="https://www.legislation.gov.uk/ukpga/2022/3/schedule/13">Schedule 13</ref> to <ref eId="c00222" href="https://www.legislation.gov.uk/ukpga/2022/3/contents">FA 2022</ref> (penalties for facilitating avoidance schemes involving non-resident promoters);</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-178-2-g"><num>(g)</num><content><p>Chapter 2 of this Part (promoter action notices).</p></content></level>
<hcontainer xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" name="crossheading" ukl:Name="Pblock" eId="part-6-chapter-3-crossheading-notices-by-type"><heading>Notices by type</heading><section eId="section-179"><num>179</num><heading>Information notices: connected persons</heading><subsection eId="section-179-1"><num>(1)</num><intro><p>An officer of Revenue and Customs may by notice require a connected person to provide information that is, in the opinion of the officer, reasonably required for the purposes of—</p></intro><level class="para1" eId="section-179-1-a"><num>(a)</num><content><p>monitoring the compliance of the connected person with an anti-avoidance enactment, or</p></content></level><level class="para1" eId="section-179-1-b"><num>(b)</num><content><p>HMRC taking, or considering whether HMRC could take, action against the connected person under an anti-avoidance enactment.</p></content></level></subsection><subsection eId="section-179-2"><num>(2)</num><content><p>An officer of Revenue and Customs may seek the approval of the tribunal before issuing a notice under <ref href="#section-179">this section</ref>.</p></content></subsection></section><section eId="section-180"><num>180</num><heading>Information notices: third parties</heading><subsection eId="section-180-1"><num>(1)</num><intro><p>An officer of Revenue and Customs may by notice require a person to provide information that is, in the opinion of the officer, reasonably required for the purposes of—</p></intro><level class="para1" eId="section-180-1-a"><num>(a)</num><content><p>monitoring the compliance of a connected person with an anti-avoidance enactment, or</p></content></level><level class="para1" eId="section-180-1-b"><num>(b)</num><content><p>HMRC taking, or considering whether HMRC could take, action against a connected person under an anti-avoidance enactment.</p></content></level></subsection><subsection eId="section-180-2"><num>(2)</num><content><p>A notice under <ref href="#section-180">this section</ref> must identify the connected person to whom it relates.</p></content></subsection><subsection eId="section-180-3"><num>(3)</num><intro><p>Before issuing a notice under <ref href="#section-180">this section</ref>, an officer of Revenue and Customs must—</p></intro><level class="para1" eId="section-180-3-a"><num>(a)</num><intro><p>notify the intended recipient of—</p></intro><level class="para2" eId="section-180-3-a-i"><num>(i)</num><content><p>the officer’s intention to issue the notice, and</p></content></level><level class="para2" eId="section-180-3-a-ii"><num>(ii)</num><content><p>the information that would be required under the notice, and</p></content></level></level><level class="para1" eId="section-180-3-b"><num>(b)</num><content><p>allow the intended recipient reasonable opportunity to make representations to HMRC.</p></content></level></subsection><subsection eId="section-180-4"><num>(4)</num><intro><p>An officer of Revenue and Customs may not issue a notice under <ref href="#section-180">this section</ref> without either—</p></intro><level class="para1" eId="section-180-4-a"><num>(a)</num><content><p>the agreement of the connected person identified in the notice, or</p></content></level><level class="para1" eId="section-180-4-b"><num>(b)</num><content><p>the approval of the tribunal.</p></content></level></subsection><subsection eId="section-180-5"><num>(5)</num><content><p>The tribunal may not approve a notice unless it has been given a summary of any representations made under subsection <ref href="#section-180-3">(3)</ref><ref href="#section-180-3-b">(b)</ref>.</p></content></subsection><subsection eId="section-180-6"><num>(6)</num><intro><p>After issuing a notice under <ref href="#section-180">this section</ref>, an officer of Revenue and Customs must provide to the connected person identified in the notice—</p></intro><level class="para1" eId="section-180-6-a"><num>(a)</num><content><p>a copy of the notice, and</p></content></level><level class="para1" eId="section-180-6-b"><num>(b)</num><content><p>a summary of the officer’s reasons for requiring the information.</p></content></level></subsection><subsection eId="section-180-7"><num>(7)</num><content><p><ref href="#section-180-2">Subsections (2)</ref>, <ref href="#section-180-3">(3)</ref> and <ref href="#section-180-6">(6)</ref> do not apply to the extent the tribunal is satisfied that taking the steps in those subsections might prejudice the investigation of tax avoidance.</p></content></subsection></section><section eId="section-181"><num>181</num><heading>Information notices: unidentified connected persons</heading><subsection eId="section-181-1"><num>(1)</num><intro><p>An officer of Revenue and Customs may by notice require a person to provide information that is, in the opinion of the officer, reasonably required for the purposes of—</p></intro><level class="para1" eId="section-181-1-a"><num>(a)</num><content><p>monitoring the compliance of an unidentified connected person with an anti-avoidance enactment, or</p></content></level><level class="para1" eId="section-181-1-b"><num>(b)</num><content><p>HMRC taking, or considering whether HMRC could take, action against an unidentified connected person under an anti-avoidance enactment.</p></content></level></subsection><subsection eId="section-181-2"><num>(2)</num><intro><p>In <ref href="#section-181">this section</ref>, “<term refersTo="#term-unidentified-connected-person" eId="term-unidentified-connected-person">unidentified connected person</term>” means—</p></intro><level class="para1" eId="section-181-2-a"><num>(a)</num><content><p>a connected person whose identity is not known to the officer, or</p></content></level><level class="para1" eId="section-181-2-b"><num>(b)</num><content><p>a class of persons whose individual identities are not known to the officer but, of which, one or more members is a connected person.</p></content></level></subsection><subsection eId="section-181-3"><num>(3)</num><content><p>A notice under <ref href="#section-181">this section</ref> may only require information that is not readily available from another source.</p></content></subsection><subsection eId="section-181-4"><num>(4)</num><content><p>An officer of Revenue and Customs may not issue a notice under <ref href="#section-181">this section</ref> without the approval of the tribunal.</p></content></subsection><subsection eId="section-181-5"><num>(5)</num><content><p>In subsection <ref href="#section-181-1">(1)</ref><ref href="#section-181-1-b">(b)</ref>, the reference to taking action against an unidentified connected person includes a reference to taking action against one or more members of a class referred to in subsection <ref href="#section-181-2">(2)</ref><ref href="#section-181-2-b">(b)</ref>.</p></content></subsection></section><section eId="section-182"><num>182</num><heading>Information notices: identification</heading><subsection eId="section-182-1"><num>(1)</num><content><p>An officer of Revenue and Customs may by notice require a person to provide identifying information that is, in the opinion of the officer, reasonably required for the purpose of identifying an unidentified connected person.</p></content></subsection><subsection eId="section-182-2"><num>(2)</num><intro><p>An officer of Revenue and Customs may not issue a notice under <ref href="#section-182-1">subsection (1)</ref> unless the officer has reason to believe that—</p></intro><level class="para1" eId="section-182-2-a"><num>(a)</num><content><p>the intended recipient of the notice could identify the unidentified connected person by reference to information provided by the officer, and</p></content></level><level class="para1" eId="section-182-2-b"><num>(b)</num><content><p>the recipient obtained the identifying information in the course of a business.</p></content></level></subsection><subsection eId="section-182-3"><num>(3)</num><content><p>A notice under <ref href="#section-182">this section</ref> may only require information that is not readily available from another source.</p></content></subsection><subsection eId="section-182-4"><num>(4)</num><intro><p>In <ref href="#section-182">this section</ref>—</p></intro><hcontainer name="definition"><intro><p>“<term refersTo="#term-identifying-information" eId="term-identifying-information">identifying information</term>” means one or more of an unidentified connected person’s—</p></intro><level class="para1"><num>(a)</num><content><p>name;</p></content></level><level class="para1"><num>(b)</num><content><p>last known address;</p></content></level><level class="para1"><num>(c)</num><content><p>in the case of an individual, date of birth;</p></content></level></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-unidentified-connected-person" eId="term-unidentified-connected-person">unidentified connected person</term>” has the meaning given in section <ref href="#section-181">181</ref>.</p></content></hcontainer></subsection><subsection eId="section-182-5"><num>(5)</num><intro><p>An officer of Revenue and Customs who is not an authorised officer may not issue a notice under this section without the approval of either—</p></intro><level class="para1" eId="section-182-5-a"><num>(a)</num><content><p>the tribunal, or</p></content></level><level class="para1" eId="section-182-5-b"><num>(b)</num><content><p>an authorised officer of Revenue and Customs.</p></content></level></subsection><subsection eId="section-182-6"><num>(6)</num><content><p>An authorised officer of Revenue and Customs may seek the approval of the tribunal before issuing a notice under this section.</p></content></subsection></section><section eId="section-183"><num>183</num><heading>Information notices: financial institutions</heading><subsection eId="section-183-1"><num>(1)</num><intro><p>An officer of Revenue and Customs may by notice require a financial institution to provide information that is, in the opinion of the officer, reasonably required for the purposes of—</p></intro><level class="para1" eId="section-183-1-a"><num>(a)</num><content><p>monitoring the compliance of a connected person with an anti-avoidance enactment, or</p></content></level><level class="para1" eId="section-183-1-b"><num>(b)</num><content><p>HMRC taking, or considering whether HMRC could take, action against a connected person under an anti-avoidance enactment.</p></content></level></subsection><subsection eId="section-183-2"><num>(2)</num><content><p>A notice under this section must identify the connected person to whom it relates.</p></content></subsection><subsection eId="section-183-3"><num>(3)</num><content><p>An officer of Revenue and Customs may not issue a notice under this section without the approval of the tribunal.</p></content></subsection><subsection eId="section-183-4"><num>(4)</num><intro><p>After issuing a notice under this section, an officer of Revenue and Customs must provide to the connected person identified in the notice—</p></intro><level class="para1" eId="section-183-4-a"><num>(a)</num><content><p>a copy of the notice, and</p></content></level><level class="para1" eId="section-183-4-b"><num>(b)</num><content><p>a summary of the officer’s reasons for requiring the information.</p></content></level></subsection><subsection eId="section-183-5"><num>(5)</num><content><p>Subsection <ref href="#section-183-4">(4)</ref> does not apply to the extent the tribunal is satisfied that taking the steps in <ref href="#section-183-4">that subsection</ref> might prejudice the investigation of tax avoidance.</p></content></subsection><subsection eId="section-183-6"><num>(6)</num><intro><p>In this section—</p></intro><hcontainer name="definition"><intro><p>“<term refersTo="#term-financial-institution" eId="term-financial-institution">financial institution</term>” means—</p></intro><level class="para1"><num>(a)</num><content><p>a financial institution under the CRS other than one which is such an institution only because it is an investment entity within section 8(A)(6)(b) of the CRS;</p></content></level><level class="para1"><num>(b)</num><content><p>a person who issues credit cards;</p></content></level></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-crs" eId="term-crs">CRS</term>” means the common reporting standard for automatic exchange of financial account information developed by the Organisation for Economic Co-operation and Development, as that standard has effect from time to time.</p></content></hcontainer></subsection></section></hcontainer>
<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-179"><num>179</num><heading>Information notices: connected persons</heading><subsection eId="section-179-1"><num>(1)</num><intro><p>An officer of Revenue and Customs may by notice require a connected person to provide information that is, in the opinion of the officer, reasonably required for the purposes of—</p></intro><level class="para1" eId="section-179-1-a"><num>(a)</num><content><p>monitoring the compliance of the connected person with an anti-avoidance enactment, or</p></content></level><level class="para1" eId="section-179-1-b"><num>(b)</num><content><p>HMRC taking, or considering whether HMRC could take, action against the connected person under an anti-avoidance enactment.</p></content></level></subsection><subsection eId="section-179-2"><num>(2)</num><content><p>An officer of Revenue and Customs may seek the approval of the tribunal before issuing a notice under <ref href="#section-179">this section</ref>.</p></content></subsection></section>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-179-1"><num>(1)</num><intro><p>An officer of Revenue and Customs may by notice require a connected person to provide information that is, in the opinion of the officer, reasonably required for the purposes of—</p></intro><level class="para1" eId="section-179-1-a"><num>(a)</num><content><p>monitoring the compliance of the connected person with an anti-avoidance enactment, or</p></content></level><level class="para1" eId="section-179-1-b"><num>(b)</num><content><p>HMRC taking, or considering whether HMRC could take, action against the connected person under an anti-avoidance enactment.</p></content></level></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-179-1-a"><num>(a)</num><content><p>monitoring the compliance of the connected person with an anti-avoidance enactment, or</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-179-1-b"><num>(b)</num><content><p>HMRC taking, or considering whether HMRC could take, action against the connected person under an anti-avoidance enactment.</p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-179-2"><num>(2)</num><content><p>An officer of Revenue and Customs may seek the approval of the tribunal before issuing a notice under <ref href="#section-179">this section</ref>.</p></content></subsection>
<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-180"><num>180</num><heading>Information notices: third parties</heading><subsection eId="section-180-1"><num>(1)</num><intro><p>An officer of Revenue and Customs may by notice require a person to provide information that is, in the opinion of the officer, reasonably required for the purposes of—</p></intro><level class="para1" eId="section-180-1-a"><num>(a)</num><content><p>monitoring the compliance of a connected person with an anti-avoidance enactment, or</p></content></level><level class="para1" eId="section-180-1-b"><num>(b)</num><content><p>HMRC taking, or considering whether HMRC could take, action against a connected person under an anti-avoidance enactment.</p></content></level></subsection><subsection eId="section-180-2"><num>(2)</num><content><p>A notice under <ref href="#section-180">this section</ref> must identify the connected person to whom it relates.</p></content></subsection><subsection eId="section-180-3"><num>(3)</num><intro><p>Before issuing a notice under <ref href="#section-180">this section</ref>, an officer of Revenue and Customs must—</p></intro><level class="para1" eId="section-180-3-a"><num>(a)</num><intro><p>notify the intended recipient of—</p></intro><level class="para2" eId="section-180-3-a-i"><num>(i)</num><content><p>the officer’s intention to issue the notice, and</p></content></level><level class="para2" eId="section-180-3-a-ii"><num>(ii)</num><content><p>the information that would be required under the notice, and</p></content></level></level><level class="para1" eId="section-180-3-b"><num>(b)</num><content><p>allow the intended recipient reasonable opportunity to make representations to HMRC.</p></content></level></subsection><subsection eId="section-180-4"><num>(4)</num><intro><p>An officer of Revenue and Customs may not issue a notice under <ref href="#section-180">this section</ref> without either—</p></intro><level class="para1" eId="section-180-4-a"><num>(a)</num><content><p>the agreement of the connected person identified in the notice, or</p></content></level><level class="para1" eId="section-180-4-b"><num>(b)</num><content><p>the approval of the tribunal.</p></content></level></subsection><subsection eId="section-180-5"><num>(5)</num><content><p>The tribunal may not approve a notice unless it has been given a summary of any representations made under subsection <ref href="#section-180-3">(3)</ref><ref href="#section-180-3-b">(b)</ref>.</p></content></subsection><subsection eId="section-180-6"><num>(6)</num><intro><p>After issuing a notice under <ref href="#section-180">this section</ref>, an officer of Revenue and Customs must provide to the connected person identified in the notice—</p></intro><level class="para1" eId="section-180-6-a"><num>(a)</num><content><p>a copy of the notice, and</p></content></level><level class="para1" eId="section-180-6-b"><num>(b)</num><content><p>a summary of the officer’s reasons for requiring the information.</p></content></level></subsection><subsection eId="section-180-7"><num>(7)</num><content><p><ref href="#section-180-2">Subsections (2)</ref>, <ref href="#section-180-3">(3)</ref> and <ref href="#section-180-6">(6)</ref> do not apply to the extent the tribunal is satisfied that taking the steps in those subsections might prejudice the investigation of tax avoidance.</p></content></subsection></section>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-180-1"><num>(1)</num><intro><p>An officer of Revenue and Customs may by notice require a person to provide information that is, in the opinion of the officer, reasonably required for the purposes of—</p></intro><level class="para1" eId="section-180-1-a"><num>(a)</num><content><p>monitoring the compliance of a connected person with an anti-avoidance enactment, or</p></content></level><level class="para1" eId="section-180-1-b"><num>(b)</num><content><p>HMRC taking, or considering whether HMRC could take, action against a connected person under an anti-avoidance enactment.</p></content></level></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-180-1-a"><num>(a)</num><content><p>monitoring the compliance of a connected person with an anti-avoidance enactment, or</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-180-1-b"><num>(b)</num><content><p>HMRC taking, or considering whether HMRC could take, action against a connected person under an anti-avoidance enactment.</p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-180-2"><num>(2)</num><content><p>A notice under <ref href="#section-180">this section</ref> must identify the connected person to whom it relates.</p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-180-3"><num>(3)</num><intro><p>Before issuing a notice under <ref href="#section-180">this section</ref>, an officer of Revenue and Customs must—</p></intro><level class="para1" eId="section-180-3-a"><num>(a)</num><intro><p>notify the intended recipient of—</p></intro><level class="para2" eId="section-180-3-a-i"><num>(i)</num><content><p>the officer’s intention to issue the notice, and</p></content></level><level class="para2" eId="section-180-3-a-ii"><num>(ii)</num><content><p>the information that would be required under the notice, and</p></content></level></level><level class="para1" eId="section-180-3-b"><num>(b)</num><content><p>allow the intended recipient reasonable opportunity to make representations to HMRC.</p></content></level></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-180-3-a"><num>(a)</num><intro><p>notify the intended recipient of—</p></intro><level class="para2" eId="section-180-3-a-i"><num>(i)</num><content><p>the officer’s intention to issue the notice, and</p></content></level><level class="para2" eId="section-180-3-a-ii"><num>(ii)</num><content><p>the information that would be required under the notice, and</p></content></level></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para2" eId="section-180-3-a-i"><num>(i)</num><content><p>the officer’s intention to issue the notice, and</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para2" eId="section-180-3-a-ii"><num>(ii)</num><content><p>the information that would be required under the notice, and</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-180-3-b"><num>(b)</num><content><p>allow the intended recipient reasonable opportunity to make representations to HMRC.</p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-180-4"><num>(4)</num><intro><p>An officer of Revenue and Customs may not issue a notice under <ref href="#section-180">this section</ref> without either—</p></intro><level class="para1" eId="section-180-4-a"><num>(a)</num><content><p>the agreement of the connected person identified in the notice, or</p></content></level><level class="para1" eId="section-180-4-b"><num>(b)</num><content><p>the approval of the tribunal.</p></content></level></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-180-4-a"><num>(a)</num><content><p>the agreement of the connected person identified in the notice, or</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-180-4-b"><num>(b)</num><content><p>the approval of the tribunal.</p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-180-5"><num>(5)</num><content><p>The tribunal may not approve a notice unless it has been given a summary of any representations made under subsection <ref href="#section-180-3">(3)</ref><ref href="#section-180-3-b">(b)</ref>.</p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-180-6"><num>(6)</num><intro><p>After issuing a notice under <ref href="#section-180">this section</ref>, an officer of Revenue and Customs must provide to the connected person identified in the notice—</p></intro><level class="para1" eId="section-180-6-a"><num>(a)</num><content><p>a copy of the notice, and</p></content></level><level class="para1" eId="section-180-6-b"><num>(b)</num><content><p>a summary of the officer’s reasons for requiring the information.</p></content></level></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-180-6-a"><num>(a)</num><content><p>a copy of the notice, and</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-180-6-b"><num>(b)</num><content><p>a summary of the officer’s reasons for requiring the information.</p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-180-7"><num>(7)</num><content><p><ref href="#section-180-2">Subsections (2)</ref>, <ref href="#section-180-3">(3)</ref> and <ref href="#section-180-6">(6)</ref> do not apply to the extent the tribunal is satisfied that taking the steps in those subsections might prejudice the investigation of tax avoidance.</p></content></subsection>
<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-181"><num>181</num><heading>Information notices: unidentified connected persons</heading><subsection eId="section-181-1"><num>(1)</num><intro><p>An officer of Revenue and Customs may by notice require a person to provide information that is, in the opinion of the officer, reasonably required for the purposes of—</p></intro><level class="para1" eId="section-181-1-a"><num>(a)</num><content><p>monitoring the compliance of an unidentified connected person with an anti-avoidance enactment, or</p></content></level><level class="para1" eId="section-181-1-b"><num>(b)</num><content><p>HMRC taking, or considering whether HMRC could take, action against an unidentified connected person under an anti-avoidance enactment.</p></content></level></subsection><subsection eId="section-181-2"><num>(2)</num><intro><p>In <ref href="#section-181">this section</ref>, “<term refersTo="#term-unidentified-connected-person" eId="term-unidentified-connected-person">unidentified connected person</term>” means—</p></intro><level class="para1" eId="section-181-2-a"><num>(a)</num><content><p>a connected person whose identity is not known to the officer, or</p></content></level><level class="para1" eId="section-181-2-b"><num>(b)</num><content><p>a class of persons whose individual identities are not known to the officer but, of which, one or more members is a connected person.</p></content></level></subsection><subsection eId="section-181-3"><num>(3)</num><content><p>A notice under <ref href="#section-181">this section</ref> may only require information that is not readily available from another source.</p></content></subsection><subsection eId="section-181-4"><num>(4)</num><content><p>An officer of Revenue and Customs may not issue a notice under <ref href="#section-181">this section</ref> without the approval of the tribunal.</p></content></subsection><subsection eId="section-181-5"><num>(5)</num><content><p>In subsection <ref href="#section-181-1">(1)</ref><ref href="#section-181-1-b">(b)</ref>, the reference to taking action against an unidentified connected person includes a reference to taking action against one or more members of a class referred to in subsection <ref href="#section-181-2">(2)</ref><ref href="#section-181-2-b">(b)</ref>.</p></content></subsection></section>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-181-1"><num>(1)</num><intro><p>An officer of Revenue and Customs may by notice require a person to provide information that is, in the opinion of the officer, reasonably required for the purposes of—</p></intro><level class="para1" eId="section-181-1-a"><num>(a)</num><content><p>monitoring the compliance of an unidentified connected person with an anti-avoidance enactment, or</p></content></level><level class="para1" eId="section-181-1-b"><num>(b)</num><content><p>HMRC taking, or considering whether HMRC could take, action against an unidentified connected person under an anti-avoidance enactment.</p></content></level></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-181-1-a"><num>(a)</num><content><p>monitoring the compliance of an unidentified connected person with an anti-avoidance enactment, or</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-181-1-b"><num>(b)</num><content><p>HMRC taking, or considering whether HMRC could take, action against an unidentified connected person under an anti-avoidance enactment.</p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-181-2"><num>(2)</num><intro><p>In <ref href="#section-181">this section</ref>, “<term refersTo="#term-unidentified-connected-person" eId="term-unidentified-connected-person">unidentified connected person</term>” means—</p></intro><level class="para1" eId="section-181-2-a"><num>(a)</num><content><p>a connected person whose identity is not known to the officer, or</p></content></level><level class="para1" eId="section-181-2-b"><num>(b)</num><content><p>a class of persons whose individual identities are not known to the officer but, of which, one or more members is a connected person.</p></content></level></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-181-2-a"><num>(a)</num><content><p>a connected person whose identity is not known to the officer, or</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-181-2-b"><num>(b)</num><content><p>a class of persons whose individual identities are not known to the officer but, of which, one or more members is a connected person.</p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-181-3"><num>(3)</num><content><p>A notice under <ref href="#section-181">this section</ref> may only require information that is not readily available from another source.</p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-181-4"><num>(4)</num><content><p>An officer of Revenue and Customs may not issue a notice under <ref href="#section-181">this section</ref> without the approval of the tribunal.</p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-181-5"><num>(5)</num><content><p>In subsection <ref href="#section-181-1">(1)</ref><ref href="#section-181-1-b">(b)</ref>, the reference to taking action against an unidentified connected person includes a reference to taking action against one or more members of a class referred to in subsection <ref href="#section-181-2">(2)</ref><ref href="#section-181-2-b">(b)</ref>.</p></content></subsection>
<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-182"><num>182</num><heading>Information notices: identification</heading><subsection eId="section-182-1"><num>(1)</num><content><p>An officer of Revenue and Customs may by notice require a person to provide identifying information that is, in the opinion of the officer, reasonably required for the purpose of identifying an unidentified connected person.</p></content></subsection><subsection eId="section-182-2"><num>(2)</num><intro><p>An officer of Revenue and Customs may not issue a notice under <ref href="#section-182-1">subsection (1)</ref> unless the officer has reason to believe that—</p></intro><level class="para1" eId="section-182-2-a"><num>(a)</num><content><p>the intended recipient of the notice could identify the unidentified connected person by reference to information provided by the officer, and</p></content></level><level class="para1" eId="section-182-2-b"><num>(b)</num><content><p>the recipient obtained the identifying information in the course of a business.</p></content></level></subsection><subsection eId="section-182-3"><num>(3)</num><content><p>A notice under <ref href="#section-182">this section</ref> may only require information that is not readily available from another source.</p></content></subsection><subsection eId="section-182-4"><num>(4)</num><intro><p>In <ref href="#section-182">this section</ref>—</p></intro><hcontainer name="definition"><intro><p>“<term refersTo="#term-identifying-information" eId="term-identifying-information">identifying information</term>” means one or more of an unidentified connected person’s—</p></intro><level class="para1"><num>(a)</num><content><p>name;</p></content></level><level class="para1"><num>(b)</num><content><p>last known address;</p></content></level><level class="para1"><num>(c)</num><content><p>in the case of an individual, date of birth;</p></content></level></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-unidentified-connected-person" eId="term-unidentified-connected-person">unidentified connected person</term>” has the meaning given in section <ref href="#section-181">181</ref>.</p></content></hcontainer></subsection><subsection eId="section-182-5"><num>(5)</num><intro><p>An officer of Revenue and Customs who is not an authorised officer may not issue a notice under this section without the approval of either—</p></intro><level class="para1" eId="section-182-5-a"><num>(a)</num><content><p>the tribunal, or</p></content></level><level class="para1" eId="section-182-5-b"><num>(b)</num><content><p>an authorised officer of Revenue and Customs.</p></content></level></subsection><subsection eId="section-182-6"><num>(6)</num><content><p>An authorised officer of Revenue and Customs may seek the approval of the tribunal before issuing a notice under this section.</p></content></subsection></section>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-182-1"><num>(1)</num><content><p>An officer of Revenue and Customs may by notice require a person to provide identifying information that is, in the opinion of the officer, reasonably required for the purpose of identifying an unidentified connected person.</p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-182-2"><num>(2)</num><intro><p>An officer of Revenue and Customs may not issue a notice under <ref href="#section-182-1">subsection (1)</ref> unless the officer has reason to believe that—</p></intro><level class="para1" eId="section-182-2-a"><num>(a)</num><content><p>the intended recipient of the notice could identify the unidentified connected person by reference to information provided by the officer, and</p></content></level><level class="para1" eId="section-182-2-b"><num>(b)</num><content><p>the recipient obtained the identifying information in the course of a business.</p></content></level></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-182-2-a"><num>(a)</num><content><p>the intended recipient of the notice could identify the unidentified connected person by reference to information provided by the officer, and</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-182-2-b"><num>(b)</num><content><p>the recipient obtained the identifying information in the course of a business.</p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-182-3"><num>(3)</num><content><p>A notice under <ref href="#section-182">this section</ref> may only require information that is not readily available from another source.</p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-182-4"><num>(4)</num><intro><p>In <ref href="#section-182">this section</ref>—</p></intro><hcontainer name="definition"><intro><p>“<term refersTo="#term-identifying-information" eId="term-identifying-information">identifying information</term>” means one or more of an unidentified connected person’s—</p></intro><level class="para1"><num>(a)</num><content><p>name;</p></content></level><level class="para1"><num>(b)</num><content><p>last known address;</p></content></level><level class="para1"><num>(c)</num><content><p>in the case of an individual, date of birth;</p></content></level></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-unidentified-connected-person" eId="term-unidentified-connected-person">unidentified connected person</term>” has the meaning given in section <ref href="#section-181">181</ref>.</p></content></hcontainer></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-182-5"><num>(5)</num><intro><p>An officer of Revenue and Customs who is not an authorised officer may not issue a notice under this section without the approval of either—</p></intro><level class="para1" eId="section-182-5-a"><num>(a)</num><content><p>the tribunal, or</p></content></level><level class="para1" eId="section-182-5-b"><num>(b)</num><content><p>an authorised officer of Revenue and Customs.</p></content></level></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-182-5-a"><num>(a)</num><content><p>the tribunal, or</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-182-5-b"><num>(b)</num><content><p>an authorised officer of Revenue and Customs.</p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-182-6"><num>(6)</num><content><p>An authorised officer of Revenue and Customs may seek the approval of the tribunal before issuing a notice under this section.</p></content></subsection>
<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-183"><num>183</num><heading>Information notices: financial institutions</heading><subsection eId="section-183-1"><num>(1)</num><intro><p>An officer of Revenue and Customs may by notice require a financial institution to provide information that is, in the opinion of the officer, reasonably required for the purposes of—</p></intro><level class="para1" eId="section-183-1-a"><num>(a)</num><content><p>monitoring the compliance of a connected person with an anti-avoidance enactment, or</p></content></level><level class="para1" eId="section-183-1-b"><num>(b)</num><content><p>HMRC taking, or considering whether HMRC could take, action against a connected person under an anti-avoidance enactment.</p></content></level></subsection><subsection eId="section-183-2"><num>(2)</num><content><p>A notice under this section must identify the connected person to whom it relates.</p></content></subsection><subsection eId="section-183-3"><num>(3)</num><content><p>An officer of Revenue and Customs may not issue a notice under this section without the approval of the tribunal.</p></content></subsection><subsection eId="section-183-4"><num>(4)</num><intro><p>After issuing a notice under this section, an officer of Revenue and Customs must provide to the connected person identified in the notice—</p></intro><level class="para1" eId="section-183-4-a"><num>(a)</num><content><p>a copy of the notice, and</p></content></level><level class="para1" eId="section-183-4-b"><num>(b)</num><content><p>a summary of the officer’s reasons for requiring the information.</p></content></level></subsection><subsection eId="section-183-5"><num>(5)</num><content><p>Subsection <ref href="#section-183-4">(4)</ref> does not apply to the extent the tribunal is satisfied that taking the steps in <ref href="#section-183-4">that subsection</ref> might prejudice the investigation of tax avoidance.</p></content></subsection><subsection eId="section-183-6"><num>(6)</num><intro><p>In this section—</p></intro><hcontainer name="definition"><intro><p>“<term refersTo="#term-financial-institution" eId="term-financial-institution">financial institution</term>” means—</p></intro><level class="para1"><num>(a)</num><content><p>a financial institution under the CRS other than one which is such an institution only because it is an investment entity within section 8(A)(6)(b) of the CRS;</p></content></level><level class="para1"><num>(b)</num><content><p>a person who issues credit cards;</p></content></level></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-crs" eId="term-crs">CRS</term>” means the common reporting standard for automatic exchange of financial account information developed by the Organisation for Economic Co-operation and Development, as that standard has effect from time to time.</p></content></hcontainer></subsection></section>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-183-1"><num>(1)</num><intro><p>An officer of Revenue and Customs may by notice require a financial institution to provide information that is, in the opinion of the officer, reasonably required for the purposes of—</p></intro><level class="para1" eId="section-183-1-a"><num>(a)</num><content><p>monitoring the compliance of a connected person with an anti-avoidance enactment, or</p></content></level><level class="para1" eId="section-183-1-b"><num>(b)</num><content><p>HMRC taking, or considering whether HMRC could take, action against a connected person under an anti-avoidance enactment.</p></content></level></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-183-1-a"><num>(a)</num><content><p>monitoring the compliance of a connected person with an anti-avoidance enactment, or</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-183-1-b"><num>(b)</num><content><p>HMRC taking, or considering whether HMRC could take, action against a connected person under an anti-avoidance enactment.</p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-183-2"><num>(2)</num><content><p>A notice under this section must identify the connected person to whom it relates.</p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-183-3"><num>(3)</num><content><p>An officer of Revenue and Customs may not issue a notice under this section without the approval of the tribunal.</p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-183-4"><num>(4)</num><intro><p>After issuing a notice under this section, an officer of Revenue and Customs must provide to the connected person identified in the notice—</p></intro><level class="para1" eId="section-183-4-a"><num>(a)</num><content><p>a copy of the notice, and</p></content></level><level class="para1" eId="section-183-4-b"><num>(b)</num><content><p>a summary of the officer’s reasons for requiring the information.</p></content></level></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-183-4-a"><num>(a)</num><content><p>a copy of the notice, and</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-183-4-b"><num>(b)</num><content><p>a summary of the officer’s reasons for requiring the information.</p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-183-5"><num>(5)</num><content><p>Subsection <ref href="#section-183-4">(4)</ref> does not apply to the extent the tribunal is satisfied that taking the steps in <ref href="#section-183-4">that subsection</ref> might prejudice the investigation of tax avoidance.</p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-183-6"><num>(6)</num><intro><p>In this section—</p></intro><hcontainer name="definition"><intro><p>“<term refersTo="#term-financial-institution" eId="term-financial-institution">financial institution</term>” means—</p></intro><level class="para1"><num>(a)</num><content><p>a financial institution under the CRS other than one which is such an institution only because it is an investment entity within section 8(A)(6)(b) of the CRS;</p></content></level><level class="para1"><num>(b)</num><content><p>a person who issues credit cards;</p></content></level></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-crs" eId="term-crs">CRS</term>” means the common reporting standard for automatic exchange of financial account information developed by the Organisation for Economic Co-operation and Development, as that standard has effect from time to time.</p></content></hcontainer></subsection>
<hcontainer xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" name="crossheading" ukl:Name="Pblock" eId="part-6-chapter-3-crossheading-content-requirements-and-withdrawal-of-notices"><heading>Content, requirements and withdrawal of notices</heading><section eId="section-184"><num>184</num><heading>Content and requirements of notices</heading><subsection eId="section-184-1"><num>(1)</num><intro><p>An information notice must specify (or, in the case of paragraphs (a) and (b), describe)—</p></intro><level class="para1" eId="section-184-1-a"><num>(a)</num><content><p>the information that the recipient is required to provide;</p></content></level><level class="para1" eId="section-184-1-b"><num>(b)</num><content><p>the form in which, and the means by which, the information is to be provided;</p></content></level><level class="para1" eId="section-184-1-c"><num>(c)</num><content><p>a reasonable period within which the information is to be provided;</p></content></level><level class="para1" eId="section-184-1-d"><num>(d)</num><content><p>the provision under which the notice is issued;</p></content></level><level class="para1" eId="section-184-1-e"><num>(e)</num><content><p>whether the notice is issued with the approval of the tribunal.</p></content></level></subsection><subsection eId="section-184-2"><num>(2)</num><content><p>An information notice issued under sections <ref href="#section-180">180</ref> to <ref href="#section-183">183</ref> may only require information that would not, in the reasonable opinion of an officer of Revenue and Customs, be unduly onerous for the recipient to provide.</p></content></subsection><subsection eId="section-184-3"><num>(3)</num><content><p>An information notice may not require a person to produce a document if the whole of the document originates more than 6 years before the date of the notice without the agreement of an authorised officer of Revenue and Customs.</p></content></subsection><subsection eId="section-184-4"><num>(4)</num><content><p>An information notice may be issued to a person outside the United Kingdom.</p></content></subsection></section><section eId="section-185"><num>185</num><heading>Restriction on disclosure of notices</heading><subsection eId="section-185-1"><num>(1)</num><intro><p>An information notice may require the recipient not to disclose the existence or contents of the notice to—</p></intro><level class="para1" eId="section-185-1-a"><num>(a)</num><content><p>the connected person to whom the notice relates,</p></content></level><level class="para1" eId="section-185-1-b"><num>(b)</num><content><p>in the case of a notice under <ref href="#section-181">section 181</ref>, members of the class of persons to which the notice relates,</p></content></level><level class="para1" eId="section-185-1-c"><num>(c)</num><content><p>any person who might reasonably be expected to disclose the existence or contents of the notice to the connected person or members of the class, or</p></content></level><level class="para1" eId="section-185-1-d"><num>(d)</num><content><p>any other person.</p></content></level></subsection><subsection eId="section-185-2"><num>(2)</num><intro><p>A requirement under subsection <ref href="#section-185-1">(1)</ref><ref href="#section-185-1-d">(d)</ref> may not prohibit disclosure for, or in connection with, the purpose of—</p></intro><level class="para1" eId="section-185-2-a"><num>(a)</num><content><p>complying with the notice, or</p></content></level><level class="para1" eId="section-185-2-b"><num>(b)</num><content><p>seeking legal advice.</p></content></level></subsection><subsection eId="section-185-3"><num>(3)</num><intro><p>A requirement imposed under <ref href="#section-185-1">subsection (1)</ref> has effect until the end of the period of 12 months beginning with the day on which the notice is issued, unless before the end of that period—</p></intro><level class="para1" eId="section-185-3-a"><num>(a)</num><content><p>the requirement is withdrawn in accordance with <ref href="#section-185-4">subsection (4)</ref>, or</p></content></level><level class="para1" eId="section-185-3-b"><num>(b)</num><content><p>the period is extended in accordance with <ref href="#section-185-5">subsection (5)</ref>.</p></content></level></subsection><subsection eId="section-185-4"><num>(4)</num><content><p>An officer of Revenue and Customs may withdraw the requirement by notifying the recipient in writing.</p></content></subsection><subsection eId="section-185-5"><num>(5)</num><intro><p>An officer of Revenue and Customs may by notice to the recipient—</p></intro><level class="para1" eId="section-185-5-a"><num>(a)</num><content><p>extend the period during which a requirement imposed under <ref href="#section-185-1">subsection (1)</ref> has effect by a period of 12 months beginning with the day after the last day of the previous period of 12 months, and</p></content></level><level class="para1" eId="section-185-5-b"><num>(b)</num><content><p>do so on one or more occasions.</p></content></level></subsection><subsection eId="section-185-6"><num>(6)</num><intro><p>An officer of Revenue and Customs may not issue a notice under <ref href="#section-185-5">subsection (5)</ref> unless—</p></intro><level class="para1" eId="section-185-6-a"><num>(a)</num><content><p>the officer considers that there are reasonable grounds for believing that failure to extend the period might prejudice the investigation of tax avoidance, and</p></content></level><level class="para1" eId="section-185-6-b"><num>(b)</num><intro><p>where the officer is not an authorised officer of Revenue and Customs, an authorised officer agrees with the officer’s—</p></intro><level class="para2" eId="section-185-6-b-i"><num>(i)</num><content><p>decision to extend the period, and</p></content></level><level class="para2" eId="section-185-6-b-ii"><num>(ii)</num><content><p>assessment under <ref href="#section-185-6-a">paragraph (a)</ref>.</p></content></level></level></subsection></section><section eId="section-186"><num>186</num><heading>Excepted information</heading><subsection eId="section-186-1"><num>(1)</num><content><p>An information notice does not require a person to provide information that is not in the possession or power of that person.</p></content></subsection><subsection eId="section-186-2"><num>(2)</num><intro><p>An information notice does not require a person to provide—</p></intro><level class="para1" eId="section-186-2-a"><num>(a)</num><content><p>information that relates to the conduct of a pending tax appeal or appeal against a decision under an anti-avoidance enactment;</p></content></level><level class="para1" eId="section-186-2-b"><num>(b)</num><content><p>personal records (as defined in <ref eId="c00223" href="https://www.legislation.gov.uk/ukpga/1984/60/section/12">section 12</ref> of the <ref eId="c00224" href="https://www.legislation.gov.uk/ukpga/1984/60/contents">Police and Criminal Evidence Act 1984</ref>) or information contained in such records, except that a notice may require a person to produce a redacted version of a document omitting any information that would otherwise make it personal records;</p></content></level><level class="para1" eId="section-186-2-c"><num>(c)</num><content><p>journalistic material (as defined in <ref eId="c00225" href="https://www.legislation.gov.uk/ukpga/1984/60/section/13">section 13</ref> of <ref eId="c00226" href="https://www.legislation.gov.uk/ukpga/1984/60/contents">that Act</ref>) or information contained in such material;</p></content></level><level class="para1" eId="section-186-2-d"><num>(d)</num><content><p>information in respect of a which a claim to legal professional privilege or, (in Scotland) to confidentiality of communications as between a client and professional legal advisor, could be maintained by the person in legal proceedings.</p></content></level></subsection><subsection eId="section-186-3"><num>(3)</num><content><p>An information notice does not require a person who has been appointed auditor for the purposes of an enactment to provide information held or created in connection with the performance of the person’s functions under the enactment, other than information that the recipient of the notice has assisted any client in preparing for, or delivering to, HMRC.</p></content></subsection><subsection eId="section-186-4"><num>(4)</num><intro><p><ref href="#section-186-3">Subsection (3)</ref> does not apply in relation to—</p></intro><level class="para1" eId="section-186-4-a"><num>(a)</num><content><p>a notice under <ref href="#section-182">section 182</ref> (identification), or</p></content></level><level class="para1" eId="section-186-4-b"><num>(b)</num><intro><p>identifying information (within the meaning given in <ref href="#section-182">section 182</ref>) required by a notice under <ref href="#section-181">section 181</ref> in respect of—</p></intro><level class="para2" eId="section-186-4-b-i"><num>(i)</num><content><p>the connected person to whom the notice relates, or</p></content></level><level class="para2" eId="section-186-4-b-ii"><num>(ii)</num><content><p>a person who has acted on behalf of the connected person.</p></content></level></level></subsection><subsection eId="section-186-5"><num>(5)</num><content><p>The Commissioners may by regulations make provision for the resolution by the tribunal of disputes as to whether any information falls within <ref href="#section-186-2">subsection (2)</ref><ref href="#section-186-2-d">(d)</ref> (privilege).</p></content></subsection><subsection eId="section-186-6"><num>(6)</num><content><p>Regulations under <ref href="#section-186-5">subsection (5)</ref> are to be made by statutory instrument and a statutory instrument containing regulations under <ref href="#section-186-5">subsection (5)</ref> is subject to annulment in pursuance of a resolution of the House of Commons.</p></content></subsection></section><section eId="section-187"><num>187</num><heading>Tribunal approval of notices</heading><subsection eId="section-187-1"><num>(1)</num><content><p>An application to the tribunal for approval of a notice, or disapplication of requirements, under this Chapter may be made without notice.</p></content></subsection><subsection eId="section-187-2"><num>(2)</num><content><p>An officer of Revenue and Customs (other than an authorised officer) may not seek the approval of, or disapplication of requirements by, the tribunal without the agreement of an authorised officer of Revenue and Customs.</p></content></subsection><subsection eId="section-187-3"><num>(3)</num><content><p>The tribunal may not approve the issue of a notice under <span><ref href="#section-179">sections 179</ref> to <ref href="#section-183">183</ref></span> unless it is satisfied that the requirements of the relevant section are met.</p></content></subsection><subsection eId="section-187-4"><num>(4)</num><content><p>A decision of the tribunal is final (despite sections 11 and 13 of the Tribunals, Courts and Enforcement Act 2007).</p></content></subsection></section><section eId="section-188"><num>188</num><heading>Withdrawal of notices</heading><content><p>An officer of Revenue and Customs may withdraw an information notice by notifying the recipient in writing.</p></content></section></hcontainer>
<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-184"><num>184</num><heading>Content and requirements of notices</heading><subsection eId="section-184-1"><num>(1)</num><intro><p>An information notice must specify (or, in the case of paragraphs (a) and (b), describe)—</p></intro><level class="para1" eId="section-184-1-a"><num>(a)</num><content><p>the information that the recipient is required to provide;</p></content></level><level class="para1" eId="section-184-1-b"><num>(b)</num><content><p>the form in which, and the means by which, the information is to be provided;</p></content></level><level class="para1" eId="section-184-1-c"><num>(c)</num><content><p>a reasonable period within which the information is to be provided;</p></content></level><level class="para1" eId="section-184-1-d"><num>(d)</num><content><p>the provision under which the notice is issued;</p></content></level><level class="para1" eId="section-184-1-e"><num>(e)</num><content><p>whether the notice is issued with the approval of the tribunal.</p></content></level></subsection><subsection eId="section-184-2"><num>(2)</num><content><p>An information notice issued under sections <ref href="#section-180">180</ref> to <ref href="#section-183">183</ref> may only require information that would not, in the reasonable opinion of an officer of Revenue and Customs, be unduly onerous for the recipient to provide.</p></content></subsection><subsection eId="section-184-3"><num>(3)</num><content><p>An information notice may not require a person to produce a document if the whole of the document originates more than 6 years before the date of the notice without the agreement of an authorised officer of Revenue and Customs.</p></content></subsection><subsection eId="section-184-4"><num>(4)</num><content><p>An information notice may be issued to a person outside the United Kingdom.</p></content></subsection></section>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-184-1"><num>(1)</num><intro><p>An information notice must specify (or, in the case of paragraphs (a) and (b), describe)—</p></intro><level class="para1" eId="section-184-1-a"><num>(a)</num><content><p>the information that the recipient is required to provide;</p></content></level><level class="para1" eId="section-184-1-b"><num>(b)</num><content><p>the form in which, and the means by which, the information is to be provided;</p></content></level><level class="para1" eId="section-184-1-c"><num>(c)</num><content><p>a reasonable period within which the information is to be provided;</p></content></level><level class="para1" eId="section-184-1-d"><num>(d)</num><content><p>the provision under which the notice is issued;</p></content></level><level class="para1" eId="section-184-1-e"><num>(e)</num><content><p>whether the notice is issued with the approval of the tribunal.</p></content></level></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-184-1-a"><num>(a)</num><content><p>the information that the recipient is required to provide;</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-184-1-b"><num>(b)</num><content><p>the form in which, and the means by which, the information is to be provided;</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-184-1-c"><num>(c)</num><content><p>a reasonable period within which the information is to be provided;</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-184-1-d"><num>(d)</num><content><p>the provision under which the notice is issued;</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-184-1-e"><num>(e)</num><content><p>whether the notice is issued with the approval of the tribunal.</p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-184-2"><num>(2)</num><content><p>An information notice issued under sections <ref href="#section-180">180</ref> to <ref href="#section-183">183</ref> may only require information that would not, in the reasonable opinion of an officer of Revenue and Customs, be unduly onerous for the recipient to provide.</p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-184-3"><num>(3)</num><content><p>An information notice may not require a person to produce a document if the whole of the document originates more than 6 years before the date of the notice without the agreement of an authorised officer of Revenue and Customs.</p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-184-4"><num>(4)</num><content><p>An information notice may be issued to a person outside the United Kingdom.</p></content></subsection>
<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-185"><num>185</num><heading>Restriction on disclosure of notices</heading><subsection eId="section-185-1"><num>(1)</num><intro><p>An information notice may require the recipient not to disclose the existence or contents of the notice to—</p></intro><level class="para1" eId="section-185-1-a"><num>(a)</num><content><p>the connected person to whom the notice relates,</p></content></level><level class="para1" eId="section-185-1-b"><num>(b)</num><content><p>in the case of a notice under <ref href="#section-181">section 181</ref>, members of the class of persons to which the notice relates,</p></content></level><level class="para1" eId="section-185-1-c"><num>(c)</num><content><p>any person who might reasonably be expected to disclose the existence or contents of the notice to the connected person or members of the class, or</p></content></level><level class="para1" eId="section-185-1-d"><num>(d)</num><content><p>any other person.</p></content></level></subsection><subsection eId="section-185-2"><num>(2)</num><intro><p>A requirement under subsection <ref href="#section-185-1">(1)</ref><ref href="#section-185-1-d">(d)</ref> may not prohibit disclosure for, or in connection with, the purpose of—</p></intro><level class="para1" eId="section-185-2-a"><num>(a)</num><content><p>complying with the notice, or</p></content></level><level class="para1" eId="section-185-2-b"><num>(b)</num><content><p>seeking legal advice.</p></content></level></subsection><subsection eId="section-185-3"><num>(3)</num><intro><p>A requirement imposed under <ref href="#section-185-1">subsection (1)</ref> has effect until the end of the period of 12 months beginning with the day on which the notice is issued, unless before the end of that period—</p></intro><level class="para1" eId="section-185-3-a"><num>(a)</num><content><p>the requirement is withdrawn in accordance with <ref href="#section-185-4">subsection (4)</ref>, or</p></content></level><level class="para1" eId="section-185-3-b"><num>(b)</num><content><p>the period is extended in accordance with <ref href="#section-185-5">subsection (5)</ref>.</p></content></level></subsection><subsection eId="section-185-4"><num>(4)</num><content><p>An officer of Revenue and Customs may withdraw the requirement by notifying the recipient in writing.</p></content></subsection><subsection eId="section-185-5"><num>(5)</num><intro><p>An officer of Revenue and Customs may by notice to the recipient—</p></intro><level class="para1" eId="section-185-5-a"><num>(a)</num><content><p>extend the period during which a requirement imposed under <ref href="#section-185-1">subsection (1)</ref> has effect by a period of 12 months beginning with the day after the last day of the previous period of 12 months, and</p></content></level><level class="para1" eId="section-185-5-b"><num>(b)</num><content><p>do so on one or more occasions.</p></content></level></subsection><subsection eId="section-185-6"><num>(6)</num><intro><p>An officer of Revenue and Customs may not issue a notice under <ref href="#section-185-5">subsection (5)</ref> unless—</p></intro><level class="para1" eId="section-185-6-a"><num>(a)</num><content><p>the officer considers that there are reasonable grounds for believing that failure to extend the period might prejudice the investigation of tax avoidance, and</p></content></level><level class="para1" eId="section-185-6-b"><num>(b)</num><intro><p>where the officer is not an authorised officer of Revenue and Customs, an authorised officer agrees with the officer’s—</p></intro><level class="para2" eId="section-185-6-b-i"><num>(i)</num><content><p>decision to extend the period, and</p></content></level><level class="para2" eId="section-185-6-b-ii"><num>(ii)</num><content><p>assessment under <ref href="#section-185-6-a">paragraph (a)</ref>.</p></content></level></level></subsection></section>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-185-1"><num>(1)</num><intro><p>An information notice may require the recipient not to disclose the existence or contents of the notice to—</p></intro><level class="para1" eId="section-185-1-a"><num>(a)</num><content><p>the connected person to whom the notice relates,</p></content></level><level class="para1" eId="section-185-1-b"><num>(b)</num><content><p>in the case of a notice under <ref href="#section-181">section 181</ref>, members of the class of persons to which the notice relates,</p></content></level><level class="para1" eId="section-185-1-c"><num>(c)</num><content><p>any person who might reasonably be expected to disclose the existence or contents of the notice to the connected person or members of the class, or</p></content></level><level class="para1" eId="section-185-1-d"><num>(d)</num><content><p>any other person.</p></content></level></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-185-1-a"><num>(a)</num><content><p>the connected person to whom the notice relates,</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-185-1-b"><num>(b)</num><content><p>in the case of a notice under <ref href="#section-181">section 181</ref>, members of the class of persons to which the notice relates,</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-185-1-c"><num>(c)</num><content><p>any person who might reasonably be expected to disclose the existence or contents of the notice to the connected person or members of the class, or</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-185-1-d"><num>(d)</num><content><p>any other person.</p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-185-2"><num>(2)</num><intro><p>A requirement under subsection <ref href="#section-185-1">(1)</ref><ref href="#section-185-1-d">(d)</ref> may not prohibit disclosure for, or in connection with, the purpose of—</p></intro><level class="para1" eId="section-185-2-a"><num>(a)</num><content><p>complying with the notice, or</p></content></level><level class="para1" eId="section-185-2-b"><num>(b)</num><content><p>seeking legal advice.</p></content></level></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-185-2-a"><num>(a)</num><content><p>complying with the notice, or</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-185-2-b"><num>(b)</num><content><p>seeking legal advice.</p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-185-3"><num>(3)</num><intro><p>A requirement imposed under <ref href="#section-185-1">subsection (1)</ref> has effect until the end of the period of 12 months beginning with the day on which the notice is issued, unless before the end of that period—</p></intro><level class="para1" eId="section-185-3-a"><num>(a)</num><content><p>the requirement is withdrawn in accordance with <ref href="#section-185-4">subsection (4)</ref>, or</p></content></level><level class="para1" eId="section-185-3-b"><num>(b)</num><content><p>the period is extended in accordance with <ref href="#section-185-5">subsection (5)</ref>.</p></content></level></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-185-3-a"><num>(a)</num><content><p>the requirement is withdrawn in accordance with <ref href="#section-185-4">subsection (4)</ref>, or</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-185-3-b"><num>(b)</num><content><p>the period is extended in accordance with <ref href="#section-185-5">subsection (5)</ref>.</p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-185-4"><num>(4)</num><content><p>An officer of Revenue and Customs may withdraw the requirement by notifying the recipient in writing.</p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-185-5"><num>(5)</num><intro><p>An officer of Revenue and Customs may by notice to the recipient—</p></intro><level class="para1" eId="section-185-5-a"><num>(a)</num><content><p>extend the period during which a requirement imposed under <ref href="#section-185-1">subsection (1)</ref> has effect by a period of 12 months beginning with the day after the last day of the previous period of 12 months, and</p></content></level><level class="para1" eId="section-185-5-b"><num>(b)</num><content><p>do so on one or more occasions.</p></content></level></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-185-5-a"><num>(a)</num><content><p>extend the period during which a requirement imposed under <ref href="#section-185-1">subsection (1)</ref> has effect by a period of 12 months beginning with the day after the last day of the previous period of 12 months, and</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-185-5-b"><num>(b)</num><content><p>do so on one or more occasions.</p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-185-6"><num>(6)</num><intro><p>An officer of Revenue and Customs may not issue a notice under <ref href="#section-185-5">subsection (5)</ref> unless—</p></intro><level class="para1" eId="section-185-6-a"><num>(a)</num><content><p>the officer considers that there are reasonable grounds for believing that failure to extend the period might prejudice the investigation of tax avoidance, and</p></content></level><level class="para1" eId="section-185-6-b"><num>(b)</num><intro><p>where the officer is not an authorised officer of Revenue and Customs, an authorised officer agrees with the officer’s—</p></intro><level class="para2" eId="section-185-6-b-i"><num>(i)</num><content><p>decision to extend the period, and</p></content></level><level class="para2" eId="section-185-6-b-ii"><num>(ii)</num><content><p>assessment under <ref href="#section-185-6-a">paragraph (a)</ref>.</p></content></level></level></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-185-6-a"><num>(a)</num><content><p>the officer considers that there are reasonable grounds for believing that failure to extend the period might prejudice the investigation of tax avoidance, and</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-185-6-b"><num>(b)</num><intro><p>where the officer is not an authorised officer of Revenue and Customs, an authorised officer agrees with the officer’s—</p></intro><level class="para2" eId="section-185-6-b-i"><num>(i)</num><content><p>decision to extend the period, and</p></content></level><level class="para2" eId="section-185-6-b-ii"><num>(ii)</num><content><p>assessment under <ref href="#section-185-6-a">paragraph (a)</ref>.</p></content></level></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para2" eId="section-185-6-b-i"><num>(i)</num><content><p>decision to extend the period, and</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para2" eId="section-185-6-b-ii"><num>(ii)</num><content><p>assessment under <ref href="#section-185-6-a">paragraph (a)</ref>.</p></content></level>
<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-186"><num>186</num><heading>Excepted information</heading><subsection eId="section-186-1"><num>(1)</num><content><p>An information notice does not require a person to provide information that is not in the possession or power of that person.</p></content></subsection><subsection eId="section-186-2"><num>(2)</num><intro><p>An information notice does not require a person to provide—</p></intro><level class="para1" eId="section-186-2-a"><num>(a)</num><content><p>information that relates to the conduct of a pending tax appeal or appeal against a decision under an anti-avoidance enactment;</p></content></level><level class="para1" eId="section-186-2-b"><num>(b)</num><content><p>personal records (as defined in <ref eId="c00223" href="https://www.legislation.gov.uk/ukpga/1984/60/section/12">section 12</ref> of the <ref eId="c00224" href="https://www.legislation.gov.uk/ukpga/1984/60/contents">Police and Criminal Evidence Act 1984</ref>) or information contained in such records, except that a notice may require a person to produce a redacted version of a document omitting any information that would otherwise make it personal records;</p></content></level><level class="para1" eId="section-186-2-c"><num>(c)</num><content><p>journalistic material (as defined in <ref eId="c00225" href="https://www.legislation.gov.uk/ukpga/1984/60/section/13">section 13</ref> of <ref eId="c00226" href="https://www.legislation.gov.uk/ukpga/1984/60/contents">that Act</ref>) or information contained in such material;</p></content></level><level class="para1" eId="section-186-2-d"><num>(d)</num><content><p>information in respect of a which a claim to legal professional privilege or, (in Scotland) to confidentiality of communications as between a client and professional legal advisor, could be maintained by the person in legal proceedings.</p></content></level></subsection><subsection eId="section-186-3"><num>(3)</num><content><p>An information notice does not require a person who has been appointed auditor for the purposes of an enactment to provide information held or created in connection with the performance of the person’s functions under the enactment, other than information that the recipient of the notice has assisted any client in preparing for, or delivering to, HMRC.</p></content></subsection><subsection eId="section-186-4"><num>(4)</num><intro><p><ref href="#section-186-3">Subsection (3)</ref> does not apply in relation to—</p></intro><level class="para1" eId="section-186-4-a"><num>(a)</num><content><p>a notice under <ref href="#section-182">section 182</ref> (identification), or</p></content></level><level class="para1" eId="section-186-4-b"><num>(b)</num><intro><p>identifying information (within the meaning given in <ref href="#section-182">section 182</ref>) required by a notice under <ref href="#section-181">section 181</ref> in respect of—</p></intro><level class="para2" eId="section-186-4-b-i"><num>(i)</num><content><p>the connected person to whom the notice relates, or</p></content></level><level class="para2" eId="section-186-4-b-ii"><num>(ii)</num><content><p>a person who has acted on behalf of the connected person.</p></content></level></level></subsection><subsection eId="section-186-5"><num>(5)</num><content><p>The Commissioners may by regulations make provision for the resolution by the tribunal of disputes as to whether any information falls within <ref href="#section-186-2">subsection (2)</ref><ref href="#section-186-2-d">(d)</ref> (privilege).</p></content></subsection><subsection eId="section-186-6"><num>(6)</num><content><p>Regulations under <ref href="#section-186-5">subsection (5)</ref> are to be made by statutory instrument and a statutory instrument containing regulations under <ref href="#section-186-5">subsection (5)</ref> is subject to annulment in pursuance of a resolution of the House of Commons.</p></content></subsection></section>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-186-1"><num>(1)</num><content><p>An information notice does not require a person to provide information that is not in the possession or power of that person.</p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-186-2"><num>(2)</num><intro><p>An information notice does not require a person to provide—</p></intro><level class="para1" eId="section-186-2-a"><num>(a)</num><content><p>information that relates to the conduct of a pending tax appeal or appeal against a decision under an anti-avoidance enactment;</p></content></level><level class="para1" eId="section-186-2-b"><num>(b)</num><content><p>personal records (as defined in <ref eId="c00223" href="https://www.legislation.gov.uk/ukpga/1984/60/section/12">section 12</ref> of the <ref eId="c00224" href="https://www.legislation.gov.uk/ukpga/1984/60/contents">Police and Criminal Evidence Act 1984</ref>) or information contained in such records, except that a notice may require a person to produce a redacted version of a document omitting any information that would otherwise make it personal records;</p></content></level><level class="para1" eId="section-186-2-c"><num>(c)</num><content><p>journalistic material (as defined in <ref eId="c00225" href="https://www.legislation.gov.uk/ukpga/1984/60/section/13">section 13</ref> of <ref eId="c00226" href="https://www.legislation.gov.uk/ukpga/1984/60/contents">that Act</ref>) or information contained in such material;</p></content></level><level class="para1" eId="section-186-2-d"><num>(d)</num><content><p>information in respect of a which a claim to legal professional privilege or, (in Scotland) to confidentiality of communications as between a client and professional legal advisor, could be maintained by the person in legal proceedings.</p></content></level></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-186-2-a"><num>(a)</num><content><p>information that relates to the conduct of a pending tax appeal or appeal against a decision under an anti-avoidance enactment;</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-186-2-b"><num>(b)</num><content><p>personal records (as defined in <ref eId="c00223" href="https://www.legislation.gov.uk/ukpga/1984/60/section/12">section 12</ref> of the <ref eId="c00224" href="https://www.legislation.gov.uk/ukpga/1984/60/contents">Police and Criminal Evidence Act 1984</ref>) or information contained in such records, except that a notice may require a person to produce a redacted version of a document omitting any information that would otherwise make it personal records;</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-186-2-c"><num>(c)</num><content><p>journalistic material (as defined in <ref eId="c00225" href="https://www.legislation.gov.uk/ukpga/1984/60/section/13">section 13</ref> of <ref eId="c00226" href="https://www.legislation.gov.uk/ukpga/1984/60/contents">that Act</ref>) or information contained in such material;</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-186-2-d"><num>(d)</num><content><p>information in respect of a which a claim to legal professional privilege or, (in Scotland) to confidentiality of communications as between a client and professional legal advisor, could be maintained by the person in legal proceedings.</p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-186-3"><num>(3)</num><content><p>An information notice does not require a person who has been appointed auditor for the purposes of an enactment to provide information held or created in connection with the performance of the person’s functions under the enactment, other than information that the recipient of the notice has assisted any client in preparing for, or delivering to, HMRC.</p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-186-4"><num>(4)</num><intro><p><ref href="#section-186-3">Subsection (3)</ref> does not apply in relation to—</p></intro><level class="para1" eId="section-186-4-a"><num>(a)</num><content><p>a notice under <ref href="#section-182">section 182</ref> (identification), or</p></content></level><level class="para1" eId="section-186-4-b"><num>(b)</num><intro><p>identifying information (within the meaning given in <ref href="#section-182">section 182</ref>) required by a notice under <ref href="#section-181">section 181</ref> in respect of—</p></intro><level class="para2" eId="section-186-4-b-i"><num>(i)</num><content><p>the connected person to whom the notice relates, or</p></content></level><level class="para2" eId="section-186-4-b-ii"><num>(ii)</num><content><p>a person who has acted on behalf of the connected person.</p></content></level></level></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-186-4-a"><num>(a)</num><content><p>a notice under <ref href="#section-182">section 182</ref> (identification), or</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-186-4-b"><num>(b)</num><intro><p>identifying information (within the meaning given in <ref href="#section-182">section 182</ref>) required by a notice under <ref href="#section-181">section 181</ref> in respect of—</p></intro><level class="para2" eId="section-186-4-b-i"><num>(i)</num><content><p>the connected person to whom the notice relates, or</p></content></level><level class="para2" eId="section-186-4-b-ii"><num>(ii)</num><content><p>a person who has acted on behalf of the connected person.</p></content></level></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para2" eId="section-186-4-b-i"><num>(i)</num><content><p>the connected person to whom the notice relates, or</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para2" eId="section-186-4-b-ii"><num>(ii)</num><content><p>a person who has acted on behalf of the connected person.</p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-186-5"><num>(5)</num><content><p>The Commissioners may by regulations make provision for the resolution by the tribunal of disputes as to whether any information falls within <ref href="#section-186-2">subsection (2)</ref><ref href="#section-186-2-d">(d)</ref> (privilege).</p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-186-6"><num>(6)</num><content><p>Regulations under <ref href="#section-186-5">subsection (5)</ref> are to be made by statutory instrument and a statutory instrument containing regulations under <ref href="#section-186-5">subsection (5)</ref> is subject to annulment in pursuance of a resolution of the House of Commons.</p></content></subsection>
<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-187"><num>187</num><heading>Tribunal approval of notices</heading><subsection eId="section-187-1"><num>(1)</num><content><p>An application to the tribunal for approval of a notice, or disapplication of requirements, under this Chapter may be made without notice.</p></content></subsection><subsection eId="section-187-2"><num>(2)</num><content><p>An officer of Revenue and Customs (other than an authorised officer) may not seek the approval of, or disapplication of requirements by, the tribunal without the agreement of an authorised officer of Revenue and Customs.</p></content></subsection><subsection eId="section-187-3"><num>(3)</num><content><p>The tribunal may not approve the issue of a notice under <span><ref href="#section-179">sections 179</ref> to <ref href="#section-183">183</ref></span> unless it is satisfied that the requirements of the relevant section are met.</p></content></subsection><subsection eId="section-187-4"><num>(4)</num><content><p>A decision of the tribunal is final (despite sections 11 and 13 of the Tribunals, Courts and Enforcement Act 2007).</p></content></subsection></section>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-187-1"><num>(1)</num><content><p>An application to the tribunal for approval of a notice, or disapplication of requirements, under this Chapter may be made without notice.</p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-187-2"><num>(2)</num><content><p>An officer of Revenue and Customs (other than an authorised officer) may not seek the approval of, or disapplication of requirements by, the tribunal without the agreement of an authorised officer of Revenue and Customs.</p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-187-3"><num>(3)</num><content><p>The tribunal may not approve the issue of a notice under <span><ref href="#section-179">sections 179</ref> to <ref href="#section-183">183</ref></span> unless it is satisfied that the requirements of the relevant section are met.</p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-187-4"><num>(4)</num><content><p>A decision of the tribunal is final (despite sections 11 and 13 of the Tribunals, Courts and Enforcement Act 2007).</p></content></subsection>
<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-188"><num>188</num><heading>Withdrawal of notices</heading><content><p>An officer of Revenue and Customs may withdraw an information notice by notifying the recipient in writing.</p></content></section>
<hcontainer xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" name="crossheading" ukl:Name="Pblock" eId="part-6-chapter-3-crossheading-criminal-sanctions"><heading>Criminal sanctions</heading><section eId="section-189"><num>189</num><heading>Offence of failing to comply with a notice</heading><subsection eId="section-189-1"><num>(1)</num><intro><p>A recipient of an information notice commits an offence if the recipient—</p></intro><level class="para1" eId="section-189-1-a"><num>(a)</num><content><p>fails to comply with the notice, or</p></content></level><level class="para1" eId="section-189-1-b"><num>(b)</num><content><p>in purporting to comply with the notice, carelessly or deliberately provides inaccurate information.</p></content></level></subsection><subsection eId="section-189-2"><num>(2)</num><content><p>It is a defence for a person charged with an offence under subsection <ref href="#section-189-1">(1)</ref><ref href="#section-189-1-a">(a)</ref> to show that they had a reasonable excuse.</p></content></subsection><subsection eId="section-189-3"><num>(3)</num><content><p>In this section, a reference to carelessness is a reference to a failure to take reasonable care.</p></content></subsection><subsection eId="section-189-4"><num>(4)</num><content><p><ref href="#section-189">This section</ref> does not apply in respect of a notice under <ref href="#section-183">section 183</ref> (financial institutions).</p></content></subsection></section><section eId="section-190"><num>190</num><heading>Offence of concealing information</heading><subsection eId="section-190-1"><num>(1)</num><content><p>A recipient of an information notice commits an offence if the recipient conceals, destroys or otherwise disposes of information that is required to be provided under the notice.</p></content></subsection><subsection eId="section-190-2"><num>(2)</num><content><p>It is a defence for a person charged with an offence under <ref href="#section-190-1">subsection (1)</ref> to show that they concealed, destroyed or otherwise disposed of the information only after the information had been provided in accordance with the notice.</p></content></subsection><subsection eId="section-190-3"><num>(3)</num><content><p><ref href="#section-190-2">Subsection (2)</ref> does not apply where an officer of Revenue and Customs had notified the person in writing that the information must continue to be available (and had not withdrawn that notification).</p></content></subsection><subsection eId="section-190-4"><num>(4)</num><intro><p>A person commits an offence if—</p></intro><level class="para1" eId="section-190-4-a"><num>(a)</num><intro><p>an officer of Revenue and Customs has notified the person under <ref href="#section-180">section 180</ref><ref href="#section-180-3">(3)</ref> that—</p></intro><level class="para2" eId="section-190-4-a-i"><num>(i)</num><content><p>the officer intends to issue an information notice to the person, and</p></content></level><level class="para2" eId="section-190-4-a-ii"><num>(ii)</num><content><p>certain information would be required under the notice, and</p></content></level></level><level class="para1" eId="section-190-4-b"><num>(b)</num><content><p>the person conceals, destroys or otherwise disposes of the information.</p></content></level></subsection><subsection eId="section-190-5"><num>(5)</num><intro><p>It is a defence for a person charged with an offence under <ref href="#section-190-4">subsection (4)</ref> to show that they concealed, destroyed or otherwise disposed of the information only—</p></intro><level class="para1" eId="section-190-5-a"><num>(a)</num><content><p>after the end of the period of six months beginning with the day on which they were last notified under <ref href="#section-180">section 180</ref><ref href="#section-180-3">(3)</ref> in respect of the information, or</p></content></level><level class="para1" eId="section-190-5-b"><num>(b)</num><content><p>after an information notice has been issued to the person in respect of the information.</p></content></level></subsection><subsection eId="section-190-6"><num>(6)</num><content><p>In <ref href="#section-190">this section</ref>, a reference to concealing, destroying or otherwise disposing of information includes a reference to arranging for the concealment, destruction or disposal of information.</p></content></subsection><subsection eId="section-190-7"><num>(7)</num><content><p><ref href="#section-190">This section</ref> does not apply in respect of a notice under <ref href="#section-183">section 183</ref> (financial institutions).</p></content></subsection></section><section eId="section-191"><num>191</num><heading>Criminal liability of responsible persons</heading><subsection eId="section-191-1"><num>(1)</num><intro><p>If an offence under <ref href="#section-189">section 189</ref> or <ref href="#section-190">190</ref> is committed by a body corporate or a partnership and—</p></intro><level class="para1" eId="section-191-1-a"><num>(a)</num><content><p>is committed with the consent or connivance of a responsible person, or</p></content></level><level class="para1" eId="section-191-1-b"><num>(b)</num><content><p>is attributable to the neglect of a responsible person,</p></content></level><wrapUp><p>the responsible person commits the offence (as well as the body or partnership).</p></wrapUp></subsection><subsection eId="section-191-2"><num>(2)</num><intro><p>A “<term refersTo="#term-responsible-person" eId="term-responsible-person">responsible person</term>” means—</p></intro><level class="para1" eId="section-191-2-a"><num>(a)</num><intro><p>in relation to a body corporate other than one whose affairs are managed by its members—</p></intro><level class="para2" eId="section-191-2-a-i"><num>(i)</num><content><p>a director, manager, secretary or other similar officer of the body, or a person purporting to act in such a capacity, or</p></content></level><level class="para2" eId="section-191-2-a-ii"><num>(ii)</num><content><p>a shadow director within the meaning given in <ref eId="c00227" href="https://www.legislation.gov.uk/ukpga/2006/46/section/251">section 251</ref> of the <ref eId="c00228" href="https://www.legislation.gov.uk/ukpga/2006/46/contents">Companies Act 2006</ref>;</p></content></level></level><level class="para1" eId="section-191-2-b"><num>(b)</num><intro><p>in relation to a limited liability partnership or other body corporate whose affairs are managed by its members—</p></intro><level class="para2" eId="section-191-2-b-i"><num>(i)</num><content><p>a member exercising management functions, or purporting to do so, or</p></content></level><level class="para2" eId="section-191-2-b-ii"><num>(ii)</num><content><p>in the case of a limited liability partnership, a shadow member;</p></content></level></level><level class="para1" eId="section-191-2-c"><num>(c)</num><content><p>in relation to a partnership, a partner or a person purporting to act in that capacity.</p></content></level></subsection><subsection eId="section-191-3"><num>(3)</num><content><p>In <ref href="#section-164">this section</ref>, a “<term refersTo="#term-shadow-member" eId="term-shadow-member">shadow member</term>” means a person in accordance with whose directions or instructions the members of the limited liability partnership are accustomed to act, save that a person is not a shadow member by reason only of the fact that the members act on advice given by that person in a professional capacity.</p></content></subsection></section><section eId="section-192"><num>192</num><heading>Criminal liability of responsible persons: no prosecution of recipient</heading><subsection eId="section-192-1"><num>(1)</num><intro><p>Subsection (2) applies where a body corporate or partnership that is the recipient of an information notice—</p></intro><level class="para1" eId="section-192-1-a"><num>(a)</num><content><p>fails to comply with the notice, or</p></content></level><level class="para1" eId="section-192-1-b"><num>(b)</num><content><p>in purporting to comply with the notice, carelessly or deliberately provides inaccurate information.</p></content></level></subsection><subsection eId="section-192-2"><num>(2)</num><intro><p>If the recipient’s failure or careless or deliberate provision of inaccurate information—</p></intro><level class="para1" eId="section-192-2-a"><num>(a)</num><content><p>occurred with the consent or connivance of a responsible person, or</p></content></level><level class="para1" eId="section-192-2-b"><num>(b)</num><content><p>is attributable to the neglect of a responsible person,</p></content></level><wrapUp><p>the responsible person commits an offence.</p></wrapUp></subsection><subsection eId="section-192-3"><num>(3)</num><content><p>It is a defence for a person charged with an offence under subsection (2) to show that they or the recipient had a reasonable excuse.</p></content></subsection><subsection eId="section-192-4"><num>(4)</num><intro><p>In this section—</p></intro><level class="para1" eId="section-192-4-a"><num>(a)</num><content><p>a reference to carelessness is a reference to a failure to take reasonable care, and</p></content></level><level class="para1" eId="section-192-4-b"><num>(b)</num><content><p>“<term refersTo="#term-responsible-person" eId="term-responsible-person">responsible person</term>” has the same meaning as in <ref href="#section-191">section 191</ref>.</p></content></level></subsection><subsection eId="section-192-5"><num>(5)</num><content><p><ref href="#section-189">This section</ref> does not apply in respect of a notice under <ref href="#section-183">section 183</ref> (financial institutions).</p></content></subsection></section><section eId="section-193"><num>193</num><heading>Imprisonment or a fine</heading><intro><p>A person who commits an offence under <ref href="#section-189">section 189</ref>, <ref href="#section-190">190</ref> or <ref href="#section-192">192</ref> is liable—</p></intro><level class="para1" eId="section-193-a"><num>(a)</num><intro><p>on summary conviction, to—</p></intro><level class="para2" eId="section-193-a-i"><num>(i)</num><content><p>in England and Wales, a fine, or</p></content></level><level class="para2" eId="section-193-a-ii"><num>(ii)</num><content><p>in Scotland or Northern Ireland, a fine not exceeding the statutory maximum, or</p></content></level></level><level class="para1" eId="section-193-b"><num>(b)</num><content><p>on conviction on indictment, to imprisonment for a term not exceeding two years or to a fine or both.</p></content></level></section></hcontainer>
<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-189"><num>189</num><heading>Offence of failing to comply with a notice</heading><subsection eId="section-189-1"><num>(1)</num><intro><p>A recipient of an information notice commits an offence if the recipient—</p></intro><level class="para1" eId="section-189-1-a"><num>(a)</num><content><p>fails to comply with the notice, or</p></content></level><level class="para1" eId="section-189-1-b"><num>(b)</num><content><p>in purporting to comply with the notice, carelessly or deliberately provides inaccurate information.</p></content></level></subsection><subsection eId="section-189-2"><num>(2)</num><content><p>It is a defence for a person charged with an offence under subsection <ref href="#section-189-1">(1)</ref><ref href="#section-189-1-a">(a)</ref> to show that they had a reasonable excuse.</p></content></subsection><subsection eId="section-189-3"><num>(3)</num><content><p>In this section, a reference to carelessness is a reference to a failure to take reasonable care.</p></content></subsection><subsection eId="section-189-4"><num>(4)</num><content><p><ref href="#section-189">This section</ref> does not apply in respect of a notice under <ref href="#section-183">section 183</ref> (financial institutions).</p></content></subsection></section>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-189-1"><num>(1)</num><intro><p>A recipient of an information notice commits an offence if the recipient—</p></intro><level class="para1" eId="section-189-1-a"><num>(a)</num><content><p>fails to comply with the notice, or</p></content></level><level class="para1" eId="section-189-1-b"><num>(b)</num><content><p>in purporting to comply with the notice, carelessly or deliberately provides inaccurate information.</p></content></level></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-189-1-a"><num>(a)</num><content><p>fails to comply with the notice, or</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-189-1-b"><num>(b)</num><content><p>in purporting to comply with the notice, carelessly or deliberately provides inaccurate information.</p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-189-2"><num>(2)</num><content><p>It is a defence for a person charged with an offence under subsection <ref href="#section-189-1">(1)</ref><ref href="#section-189-1-a">(a)</ref> to show that they had a reasonable excuse.</p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-189-3"><num>(3)</num><content><p>In this section, a reference to carelessness is a reference to a failure to take reasonable care.</p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-189-4"><num>(4)</num><content><p><ref href="#section-189">This section</ref> does not apply in respect of a notice under <ref href="#section-183">section 183</ref> (financial institutions).</p></content></subsection>
<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-190"><num>190</num><heading>Offence of concealing information</heading><subsection eId="section-190-1"><num>(1)</num><content><p>A recipient of an information notice commits an offence if the recipient conceals, destroys or otherwise disposes of information that is required to be provided under the notice.</p></content></subsection><subsection eId="section-190-2"><num>(2)</num><content><p>It is a defence for a person charged with an offence under <ref href="#section-190-1">subsection (1)</ref> to show that they concealed, destroyed or otherwise disposed of the information only after the information had been provided in accordance with the notice.</p></content></subsection><subsection eId="section-190-3"><num>(3)</num><content><p><ref href="#section-190-2">Subsection (2)</ref> does not apply where an officer of Revenue and Customs had notified the person in writing that the information must continue to be available (and had not withdrawn that notification).</p></content></subsection><subsection eId="section-190-4"><num>(4)</num><intro><p>A person commits an offence if—</p></intro><level class="para1" eId="section-190-4-a"><num>(a)</num><intro><p>an officer of Revenue and Customs has notified the person under <ref href="#section-180">section 180</ref><ref href="#section-180-3">(3)</ref> that—</p></intro><level class="para2" eId="section-190-4-a-i"><num>(i)</num><content><p>the officer intends to issue an information notice to the person, and</p></content></level><level class="para2" eId="section-190-4-a-ii"><num>(ii)</num><content><p>certain information would be required under the notice, and</p></content></level></level><level class="para1" eId="section-190-4-b"><num>(b)</num><content><p>the person conceals, destroys or otherwise disposes of the information.</p></content></level></subsection><subsection eId="section-190-5"><num>(5)</num><intro><p>It is a defence for a person charged with an offence under <ref href="#section-190-4">subsection (4)</ref> to show that they concealed, destroyed or otherwise disposed of the information only—</p></intro><level class="para1" eId="section-190-5-a"><num>(a)</num><content><p>after the end of the period of six months beginning with the day on which they were last notified under <ref href="#section-180">section 180</ref><ref href="#section-180-3">(3)</ref> in respect of the information, or</p></content></level><level class="para1" eId="section-190-5-b"><num>(b)</num><content><p>after an information notice has been issued to the person in respect of the information.</p></content></level></subsection><subsection eId="section-190-6"><num>(6)</num><content><p>In <ref href="#section-190">this section</ref>, a reference to concealing, destroying or otherwise disposing of information includes a reference to arranging for the concealment, destruction or disposal of information.</p></content></subsection><subsection eId="section-190-7"><num>(7)</num><content><p><ref href="#section-190">This section</ref> does not apply in respect of a notice under <ref href="#section-183">section 183</ref> (financial institutions).</p></content></subsection></section>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-190-1"><num>(1)</num><content><p>A recipient of an information notice commits an offence if the recipient conceals, destroys or otherwise disposes of information that is required to be provided under the notice.</p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-190-2"><num>(2)</num><content><p>It is a defence for a person charged with an offence under <ref href="#section-190-1">subsection (1)</ref> to show that they concealed, destroyed or otherwise disposed of the information only after the information had been provided in accordance with the notice.</p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-190-3"><num>(3)</num><content><p><ref href="#section-190-2">Subsection (2)</ref> does not apply where an officer of Revenue and Customs had notified the person in writing that the information must continue to be available (and had not withdrawn that notification).</p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-190-4"><num>(4)</num><intro><p>A person commits an offence if—</p></intro><level class="para1" eId="section-190-4-a"><num>(a)</num><intro><p>an officer of Revenue and Customs has notified the person under <ref href="#section-180">section 180</ref><ref href="#section-180-3">(3)</ref> that—</p></intro><level class="para2" eId="section-190-4-a-i"><num>(i)</num><content><p>the officer intends to issue an information notice to the person, and</p></content></level><level class="para2" eId="section-190-4-a-ii"><num>(ii)</num><content><p>certain information would be required under the notice, and</p></content></level></level><level class="para1" eId="section-190-4-b"><num>(b)</num><content><p>the person conceals, destroys or otherwise disposes of the information.</p></content></level></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-190-4-a"><num>(a)</num><intro><p>an officer of Revenue and Customs has notified the person under <ref href="#section-180">section 180</ref><ref href="#section-180-3">(3)</ref> that—</p></intro><level class="para2" eId="section-190-4-a-i"><num>(i)</num><content><p>the officer intends to issue an information notice to the person, and</p></content></level><level class="para2" eId="section-190-4-a-ii"><num>(ii)</num><content><p>certain information would be required under the notice, and</p></content></level></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para2" eId="section-190-4-a-i"><num>(i)</num><content><p>the officer intends to issue an information notice to the person, and</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para2" eId="section-190-4-a-ii"><num>(ii)</num><content><p>certain information would be required under the notice, and</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-190-4-b"><num>(b)</num><content><p>the person conceals, destroys or otherwise disposes of the information.</p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-190-5"><num>(5)</num><intro><p>It is a defence for a person charged with an offence under <ref href="#section-190-4">subsection (4)</ref> to show that they concealed, destroyed or otherwise disposed of the information only—</p></intro><level class="para1" eId="section-190-5-a"><num>(a)</num><content><p>after the end of the period of six months beginning with the day on which they were last notified under <ref href="#section-180">section 180</ref><ref href="#section-180-3">(3)</ref> in respect of the information, or</p></content></level><level class="para1" eId="section-190-5-b"><num>(b)</num><content><p>after an information notice has been issued to the person in respect of the information.</p></content></level></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-190-5-a"><num>(a)</num><content><p>after the end of the period of six months beginning with the day on which they were last notified under <ref href="#section-180">section 180</ref><ref href="#section-180-3">(3)</ref> in respect of the information, or</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-190-5-b"><num>(b)</num><content><p>after an information notice has been issued to the person in respect of the information.</p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-190-6"><num>(6)</num><content><p>In <ref href="#section-190">this section</ref>, a reference to concealing, destroying or otherwise disposing of information includes a reference to arranging for the concealment, destruction or disposal of information.</p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-190-7"><num>(7)</num><content><p><ref href="#section-190">This section</ref> does not apply in respect of a notice under <ref href="#section-183">section 183</ref> (financial institutions).</p></content></subsection>
<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-191"><num>191</num><heading>Criminal liability of responsible persons</heading><subsection eId="section-191-1"><num>(1)</num><intro><p>If an offence under <ref href="#section-189">section 189</ref> or <ref href="#section-190">190</ref> is committed by a body corporate or a partnership and—</p></intro><level class="para1" eId="section-191-1-a"><num>(a)</num><content><p>is committed with the consent or connivance of a responsible person, or</p></content></level><level class="para1" eId="section-191-1-b"><num>(b)</num><content><p>is attributable to the neglect of a responsible person,</p></content></level><wrapUp><p>the responsible person commits the offence (as well as the body or partnership).</p></wrapUp></subsection><subsection eId="section-191-2"><num>(2)</num><intro><p>A “<term refersTo="#term-responsible-person" eId="term-responsible-person">responsible person</term>” means—</p></intro><level class="para1" eId="section-191-2-a"><num>(a)</num><intro><p>in relation to a body corporate other than one whose affairs are managed by its members—</p></intro><level class="para2" eId="section-191-2-a-i"><num>(i)</num><content><p>a director, manager, secretary or other similar officer of the body, or a person purporting to act in such a capacity, or</p></content></level><level class="para2" eId="section-191-2-a-ii"><num>(ii)</num><content><p>a shadow director within the meaning given in <ref eId="c00227" href="https://www.legislation.gov.uk/ukpga/2006/46/section/251">section 251</ref> of the <ref eId="c00228" href="https://www.legislation.gov.uk/ukpga/2006/46/contents">Companies Act 2006</ref>;</p></content></level></level><level class="para1" eId="section-191-2-b"><num>(b)</num><intro><p>in relation to a limited liability partnership or other body corporate whose affairs are managed by its members—</p></intro><level class="para2" eId="section-191-2-b-i"><num>(i)</num><content><p>a member exercising management functions, or purporting to do so, or</p></content></level><level class="para2" eId="section-191-2-b-ii"><num>(ii)</num><content><p>in the case of a limited liability partnership, a shadow member;</p></content></level></level><level class="para1" eId="section-191-2-c"><num>(c)</num><content><p>in relation to a partnership, a partner or a person purporting to act in that capacity.</p></content></level></subsection><subsection eId="section-191-3"><num>(3)</num><content><p>In <ref href="#section-164">this section</ref>, a “<term refersTo="#term-shadow-member" eId="term-shadow-member">shadow member</term>” means a person in accordance with whose directions or instructions the members of the limited liability partnership are accustomed to act, save that a person is not a shadow member by reason only of the fact that the members act on advice given by that person in a professional capacity.</p></content></subsection></section>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-191-1"><num>(1)</num><intro><p>If an offence under <ref href="#section-189">section 189</ref> or <ref href="#section-190">190</ref> is committed by a body corporate or a partnership and—</p></intro><level class="para1" eId="section-191-1-a"><num>(a)</num><content><p>is committed with the consent or connivance of a responsible person, or</p></content></level><level class="para1" eId="section-191-1-b"><num>(b)</num><content><p>is attributable to the neglect of a responsible person,</p></content></level><wrapUp><p>the responsible person commits the offence (as well as the body or partnership).</p></wrapUp></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-191-1-a"><num>(a)</num><content><p>is committed with the consent or connivance of a responsible person, or</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-191-1-b"><num>(b)</num><content><p>is attributable to the neglect of a responsible person,</p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-191-2"><num>(2)</num><intro><p>A “<term refersTo="#term-responsible-person" eId="term-responsible-person">responsible person</term>” means—</p></intro><level class="para1" eId="section-191-2-a"><num>(a)</num><intro><p>in relation to a body corporate other than one whose affairs are managed by its members—</p></intro><level class="para2" eId="section-191-2-a-i"><num>(i)</num><content><p>a director, manager, secretary or other similar officer of the body, or a person purporting to act in such a capacity, or</p></content></level><level class="para2" eId="section-191-2-a-ii"><num>(ii)</num><content><p>a shadow director within the meaning given in <ref eId="c00227" href="https://www.legislation.gov.uk/ukpga/2006/46/section/251">section 251</ref> of the <ref eId="c00228" href="https://www.legislation.gov.uk/ukpga/2006/46/contents">Companies Act 2006</ref>;</p></content></level></level><level class="para1" eId="section-191-2-b"><num>(b)</num><intro><p>in relation to a limited liability partnership or other body corporate whose affairs are managed by its members—</p></intro><level class="para2" eId="section-191-2-b-i"><num>(i)</num><content><p>a member exercising management functions, or purporting to do so, or</p></content></level><level class="para2" eId="section-191-2-b-ii"><num>(ii)</num><content><p>in the case of a limited liability partnership, a shadow member;</p></content></level></level><level class="para1" eId="section-191-2-c"><num>(c)</num><content><p>in relation to a partnership, a partner or a person purporting to act in that capacity.</p></content></level></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-191-2-a"><num>(a)</num><intro><p>in relation to a body corporate other than one whose affairs are managed by its members—</p></intro><level class="para2" eId="section-191-2-a-i"><num>(i)</num><content><p>a director, manager, secretary or other similar officer of the body, or a person purporting to act in such a capacity, or</p></content></level><level class="para2" eId="section-191-2-a-ii"><num>(ii)</num><content><p>a shadow director within the meaning given in <ref eId="c00227" href="https://www.legislation.gov.uk/ukpga/2006/46/section/251">section 251</ref> of the <ref eId="c00228" href="https://www.legislation.gov.uk/ukpga/2006/46/contents">Companies Act 2006</ref>;</p></content></level></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para2" eId="section-191-2-a-i"><num>(i)</num><content><p>a director, manager, secretary or other similar officer of the body, or a person purporting to act in such a capacity, or</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para2" eId="section-191-2-a-ii"><num>(ii)</num><content><p>a shadow director within the meaning given in <ref eId="c00227" href="https://www.legislation.gov.uk/ukpga/2006/46/section/251">section 251</ref> of the <ref eId="c00228" href="https://www.legislation.gov.uk/ukpga/2006/46/contents">Companies Act 2006</ref>;</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-191-2-b"><num>(b)</num><intro><p>in relation to a limited liability partnership or other body corporate whose affairs are managed by its members—</p></intro><level class="para2" eId="section-191-2-b-i"><num>(i)</num><content><p>a member exercising management functions, or purporting to do so, or</p></content></level><level class="para2" eId="section-191-2-b-ii"><num>(ii)</num><content><p>in the case of a limited liability partnership, a shadow member;</p></content></level></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para2" eId="section-191-2-b-i"><num>(i)</num><content><p>a member exercising management functions, or purporting to do so, or</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para2" eId="section-191-2-b-ii"><num>(ii)</num><content><p>in the case of a limited liability partnership, a shadow member;</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-191-2-c"><num>(c)</num><content><p>in relation to a partnership, a partner or a person purporting to act in that capacity.</p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-191-3"><num>(3)</num><content><p>In <ref href="#section-164">this section</ref>, a “<term refersTo="#term-shadow-member" eId="term-shadow-member">shadow member</term>” means a person in accordance with whose directions or instructions the members of the limited liability partnership are accustomed to act, save that a person is not a shadow member by reason only of the fact that the members act on advice given by that person in a professional capacity.</p></content></subsection>
<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-192"><num>192</num><heading>Criminal liability of responsible persons: no prosecution of recipient</heading><subsection eId="section-192-1"><num>(1)</num><intro><p>Subsection (2) applies where a body corporate or partnership that is the recipient of an information notice—</p></intro><level class="para1" eId="section-192-1-a"><num>(a)</num><content><p>fails to comply with the notice, or</p></content></level><level class="para1" eId="section-192-1-b"><num>(b)</num><content><p>in purporting to comply with the notice, carelessly or deliberately provides inaccurate information.</p></content></level></subsection><subsection eId="section-192-2"><num>(2)</num><intro><p>If the recipient’s failure or careless or deliberate provision of inaccurate information—</p></intro><level class="para1" eId="section-192-2-a"><num>(a)</num><content><p>occurred with the consent or connivance of a responsible person, or</p></content></level><level class="para1" eId="section-192-2-b"><num>(b)</num><content><p>is attributable to the neglect of a responsible person,</p></content></level><wrapUp><p>the responsible person commits an offence.</p></wrapUp></subsection><subsection eId="section-192-3"><num>(3)</num><content><p>It is a defence for a person charged with an offence under subsection (2) to show that they or the recipient had a reasonable excuse.</p></content></subsection><subsection eId="section-192-4"><num>(4)</num><intro><p>In this section—</p></intro><level class="para1" eId="section-192-4-a"><num>(a)</num><content><p>a reference to carelessness is a reference to a failure to take reasonable care, and</p></content></level><level class="para1" eId="section-192-4-b"><num>(b)</num><content><p>“<term refersTo="#term-responsible-person" eId="term-responsible-person">responsible person</term>” has the same meaning as in <ref href="#section-191">section 191</ref>.</p></content></level></subsection><subsection eId="section-192-5"><num>(5)</num><content><p><ref href="#section-189">This section</ref> does not apply in respect of a notice under <ref href="#section-183">section 183</ref> (financial institutions).</p></content></subsection></section>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-192-1"><num>(1)</num><intro><p>Subsection (2) applies where a body corporate or partnership that is the recipient of an information notice—</p></intro><level class="para1" eId="section-192-1-a"><num>(a)</num><content><p>fails to comply with the notice, or</p></content></level><level class="para1" eId="section-192-1-b"><num>(b)</num><content><p>in purporting to comply with the notice, carelessly or deliberately provides inaccurate information.</p></content></level></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-192-1-a"><num>(a)</num><content><p>fails to comply with the notice, or</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-192-1-b"><num>(b)</num><content><p>in purporting to comply with the notice, carelessly or deliberately provides inaccurate information.</p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-192-2"><num>(2)</num><intro><p>If the recipient’s failure or careless or deliberate provision of inaccurate information—</p></intro><level class="para1" eId="section-192-2-a"><num>(a)</num><content><p>occurred with the consent or connivance of a responsible person, or</p></content></level><level class="para1" eId="section-192-2-b"><num>(b)</num><content><p>is attributable to the neglect of a responsible person,</p></content></level><wrapUp><p>the responsible person commits an offence.</p></wrapUp></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-192-2-a"><num>(a)</num><content><p>occurred with the consent or connivance of a responsible person, or</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-192-2-b"><num>(b)</num><content><p>is attributable to the neglect of a responsible person,</p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-192-3"><num>(3)</num><content><p>It is a defence for a person charged with an offence under subsection (2) to show that they or the recipient had a reasonable excuse.</p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-192-4"><num>(4)</num><intro><p>In this section—</p></intro><level class="para1" eId="section-192-4-a"><num>(a)</num><content><p>a reference to carelessness is a reference to a failure to take reasonable care, and</p></content></level><level class="para1" eId="section-192-4-b"><num>(b)</num><content><p>“<term refersTo="#term-responsible-person" eId="term-responsible-person">responsible person</term>” has the same meaning as in <ref href="#section-191">section 191</ref>.</p></content></level></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-192-4-a"><num>(a)</num><content><p>a reference to carelessness is a reference to a failure to take reasonable care, and</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-192-4-b"><num>(b)</num><content><p>“<term refersTo="#term-responsible-person" eId="term-responsible-person">responsible person</term>” has the same meaning as in <ref href="#section-191">section 191</ref>.</p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-192-5"><num>(5)</num><content><p><ref href="#section-189">This section</ref> does not apply in respect of a notice under <ref href="#section-183">section 183</ref> (financial institutions).</p></content></subsection>
<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-193"><num>193</num><heading>Imprisonment or a fine</heading><intro><p>A person who commits an offence under <ref href="#section-189">section 189</ref>, <ref href="#section-190">190</ref> or <ref href="#section-192">192</ref> is liable—</p></intro><level class="para1" eId="section-193-a"><num>(a)</num><intro><p>on summary conviction, to—</p></intro><level class="para2" eId="section-193-a-i"><num>(i)</num><content><p>in England and Wales, a fine, or</p></content></level><level class="para2" eId="section-193-a-ii"><num>(ii)</num><content><p>in Scotland or Northern Ireland, a fine not exceeding the statutory maximum, or</p></content></level></level><level class="para1" eId="section-193-b"><num>(b)</num><content><p>on conviction on indictment, to imprisonment for a term not exceeding two years or to a fine or both.</p></content></level></section>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-193-a"><num>(a)</num><intro><p>on summary conviction, to—</p></intro><level class="para2" eId="section-193-a-i"><num>(i)</num><content><p>in England and Wales, a fine, or</p></content></level><level class="para2" eId="section-193-a-ii"><num>(ii)</num><content><p>in Scotland or Northern Ireland, a fine not exceeding the statutory maximum, or</p></content></level></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para2" eId="section-193-a-i"><num>(i)</num><content><p>in England and Wales, a fine, or</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para2" eId="section-193-a-ii"><num>(ii)</num><content><p>in Scotland or Northern Ireland, a fine not exceeding the statutory maximum, or</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-193-b"><num>(b)</num><content><p>on conviction on indictment, to imprisonment for a term not exceeding two years or to a fine or both.</p></content></level>
<hcontainer xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" name="crossheading" ukl:Name="Pblock" eId="part-6-chapter-3-crossheading-civil-sanctions"><heading>Civil sanctions</heading><section eId="section-194"><num>194</num><heading>Penalty for failing to comply with a notice</heading><subsection eId="section-194-1"><num>(1)</num><intro><p>A recipient of an information notice is liable to a penalty if the recipient—</p></intro><level class="para1" eId="section-194-1-a"><num>(a)</num><content><p>fails to comply with the notice, and</p></content></level><level class="para1" eId="section-194-1-b"><num>(b)</num><content><p>does so without reasonable excuse.</p></content></level></subsection><subsection eId="section-194-2"><num>(2)</num><intro><p>The penalty under <ref href="#section-194-1">subsection (1)</ref> is—</p></intro><level class="para1" eId="section-194-2-a"><num>(a)</num><content><p>in relation to a notice under <ref href="#section-183">section 183</ref> (financial institutions), £300;</p></content></level><level class="para1" eId="section-194-2-b"><num>(b)</num><content><p>otherwise, £5,000.</p></content></level></subsection><subsection eId="section-194-3"><num>(3)</num><content><p>If a failure referred to in <ref href="#section-194-1">subsection (1)</ref> continues after the day on which a penalty is imposed in respect of it, the recipient is liable to a further penalty for each day on which the failure continues.</p></content></subsection><subsection eId="section-194-4"><num>(4)</num><intro><p>The penalty under <ref href="#section-194-3">subsection (3)</ref> is—</p></intro><level class="para1" eId="section-194-4-a"><num>(a)</num><content><p>in relation to a notice under <ref href="#section-183">section 183</ref> (financial institutions), an amount not exceeding £60;</p></content></level><level class="para1" eId="section-194-4-b"><num>(b)</num><content><p>otherwise, an amount not exceeding £1,000.</p></content></level></subsection><subsection eId="section-194-5"><num>(5)</num><intro><p>Before imposing a penalty under <ref href="#section-194">this section</ref>, an officer of Revenue and Customs must—</p></intro><level class="para1" eId="section-194-5-a"><num>(a)</num><content><p>notify the recipient of the fact that the officer considers <ref href="#section-194-1">subsection (1)</ref> or <ref href="#section-194-3">(3)</ref> to apply, and</p></content></level><level class="para1" eId="section-194-5-b"><num>(b)</num><content><p>allow the recipient a period of 30 days beginning with the date of notification to make representations to HMRC.</p></content></level></subsection><subsection eId="section-194-6"><num>(6)</num><content><p><ref href="#section-194">This section</ref> does not apply in relation to a failure to comply with a requirement imposed under <ref href="#section-185">section 185</ref> (restriction on disclosure of notices).</p></content></subsection></section><section eId="section-195"><num>195</num><heading>Penalty for concealing information</heading><subsection eId="section-195-1"><num>(1)</num><intro><p>A recipient of an information notice is liable to a penalty if the recipient—</p></intro><level class="para1" eId="section-195-1-a"><num>(a)</num><content><p>is required to provide information under the notice issued, and</p></content></level><level class="para1" eId="section-195-1-b"><num>(b)</num><intro><p>conceals, destroys or otherwise disposes of the information—</p></intro><level class="para2" eId="section-195-1-b-i"><num>(i)</num><content><p>before the information has been provided in accordance with the notice, or</p></content></level><level class="para2" eId="section-195-1-b-ii"><num>(ii)</num><content><p>in circumstances where an officer of Revenue and Customs has notified the person in writing that the information must continue to be available (and has not withdrawn that notification).</p></content></level></level></subsection><subsection eId="section-195-2"><num>(2)</num><intro><p>A person is liable to a penalty if—</p></intro><level class="para1" eId="section-195-2-a"><num>(a)</num><intro><p>an officer of Revenue and Customs has notified the person under <ref href="#section-180">section 180</ref><ref href="#section-180-3">(3)</ref> that—</p></intro><level class="para2" eId="section-195-2-a-i"><num>(i)</num><content><p>the officer intends to issue an information notice to the person, and</p></content></level><level class="para2" eId="section-195-2-a-ii"><num>(ii)</num><content><p>certain information would be required under the notice, and</p></content></level></level><level class="para1" eId="section-195-2-b"><num>(b)</num><content><p>the person conceals, destroys or otherwise disposes of the information.</p></content></level></subsection><subsection eId="section-195-3"><num>(3)</num><intro><p><ref href="#section-195-2">Subsection (2)</ref> does not apply if the person concealed, destroyed or otherwise disposed of the information only—</p></intro><level class="para1" eId="section-195-3-a"><num>(a)</num><content><p>after the end of the period of 6 months beginning with the day on which they were last notified under <ref href="#section-180">section 180</ref><ref href="#section-180-3">(3)</ref> in respect of the information, or</p></content></level><level class="para1" eId="section-195-3-b"><num>(b)</num><content><p>after an information notice has been issued to the person in respect of the information.</p></content></level></subsection><subsection eId="section-195-4"><num>(4)</num><intro><p>The penalty under <ref href="#section-195-1">subsection (1)</ref> or <ref href="#section-195-2">(2)</ref> is—</p></intro><level class="para1" eId="section-195-4-a"><num>(a)</num><content><p>in relation to a notice under <ref href="#section-183">section 183</ref> (financial institutions), £300, or</p></content></level><level class="para1" eId="section-195-4-b"><num>(b)</num><content><p>otherwise, £20,000.</p></content></level></subsection><subsection eId="section-195-5"><num>(5)</num><content><p>In <ref href="#section-195">this section</ref>, a reference to concealing, destroying or otherwise disposing of information includes a reference to arranging for the concealment, destruction or disposal of information.</p></content></subsection></section><section eId="section-196"><num>196</num><heading>Penalty for inaccurate information</heading><subsection eId="section-196-1"><num>(1)</num><intro><p>A recipient of an information notice is liable to a penalty if the recipient—</p></intro><level class="para1" eId="section-196-1-a"><num>(a)</num><content><p>in purporting to comply with the notice, carelessly or deliberately provides inaccurate information, or</p></content></level><level class="para1" eId="section-196-1-b"><num>(b)</num><intro><p>after purporting to comply with the notice—</p></intro><level class="para2" eId="section-196-1-b-i"><num>(i)</num><content><p>discovers that, in doing so, they provided inaccurate information, and</p></content></level><level class="para2" eId="section-196-1-b-ii"><num>(ii)</num><content><p>does not take reasonable steps to notify HMRC of that fact.</p></content></level></level></subsection><subsection eId="section-196-2"><num>(2)</num><intro><p>The maximum penalty under subsection (1) is—</p></intro><level class="para1" eId="section-196-2-a"><num>(a)</num><content><p>in relation to a notice under <ref href="#section-183">section 183</ref> (financial institutions), £3,000 for each inaccuracy, or</p></content></level><level class="para1" eId="section-196-2-b"><num>(b)</num><content><p>otherwise, £20,000 for each inaccuracy.</p></content></level></subsection><subsection eId="section-196-3"><num>(3)</num><intro><p>Before imposing a penalty under <ref href="#section-196">this section</ref>, an officer of Revenue and Customs must—</p></intro><level class="para1" eId="section-196-3-a"><num>(a)</num><content><p>notify the recipient of the fact that the officer considers <ref href="#section-196-1">subsection (1)</ref> to apply, and</p></content></level><level class="para1" eId="section-196-3-b"><num>(b)</num><content><p>allow the recipient a period of 30 days beginning with the date of notification to make representations to HMRC.</p></content></level></subsection><subsection eId="section-196-4"><num>(4)</num><content><p>In this section, a reference to carelessness is a reference to a failure to take reasonable care.</p></content></subsection></section><section eId="section-197"><num>197</num><heading>Penalty for disclosing a notice</heading><subsection eId="section-197-1"><num>(1)</num><intro><p>A recipient of an information notice is liable to a penalty if the recipient—</p></intro><level class="para1" eId="section-197-1-a"><num>(a)</num><content><p>fails to comply with a requirement imposed under <ref href="#section-185">section 185</ref> (restriction on disclosure of notices), and</p></content></level><level class="para1" eId="section-197-1-b"><num>(b)</num><content><p>does so without reasonable excuse.</p></content></level></subsection><subsection eId="section-197-2"><num>(2)</num><intro><p>The penalty under subsection (1) is—</p></intro><level class="para1" eId="section-197-2-a"><num>(a)</num><content><p>in relation to a notice under <ref href="#section-183">section 183</ref> (financial institutions), £1,000, or</p></content></level><level class="para1" eId="section-197-2-b"><num>(b)</num><content><p>otherwise, £10,000.</p></content></level></subsection></section><section eId="section-198"><num>198</num><heading>Penalty based on monies received</heading><subsection eId="section-198-1"><num>(1)</num><intro><p><ref href="#section-198-3">Subsection (3)</ref> applies if—</p></intro><level class="para1" eId="section-198-1-a"><num>(a)</num><content><p>a penalty has been imposed on a person under <ref href="#section-194">section 194</ref><ref href="#section-194-1">(1)</ref> for failure to comply with a notice,</p></content></level><level class="para1" eId="section-198-1-b"><num>(b)</num><content><p>the person, without reasonable excuse, continues to fail to comply with the notice,</p></content></level><level class="para1" eId="section-198-1-c"><num>(c)</num><intro><p>an officer of Revenue and Customs has reason to believe that—</p></intro><level class="para2" eId="section-198-1-c-i"><num>(i)</num><content><p>the person received money or money’s worth in connection with the contravening arrangements to which the notice relates, and</p></content></level><level class="para2" eId="section-198-1-c-ii"><num>(ii)</num><content><p>the continuing failure is significant, and</p></content></level></level><level class="para1" eId="section-198-1-d"><num>(d)</num><content><p>the Upper Tribunal decides that it is appropriate for a penalty to be imposed under this section.</p></content></level></subsection><subsection eId="section-198-2"><num>(2)</num><intro><p>For the purposes of <ref href="#section-198-1">subsection (1)</ref><ref href="#section-198-1-c">(c)</ref><ref href="#section-198-1-c-ii">(ii)</ref>, a continuing failure is significant if—</p></intro><level class="para1" eId="section-198-2-a"><num>(a)</num><content><p>it continues beyond the end of the period of six months beginning with the day on which the penalty referred to in <ref href="#section-198-1">subsection (1)</ref><ref href="#section-198-1-a">(a)</ref> was imposed, or</p></content></level><level class="para1" eId="section-198-2-b"><num>(b)</num><intro><p>as a result of the continuing failure, it is or is likely to be significantly more difficult for HMRC to—</p></intro><level class="para2" eId="section-198-2-b-i"><num>(i)</num><content><p>monitor the compliance of a connected person with an anti-avoidance enactment, or</p></content></level><level class="para2" eId="section-198-2-b-ii"><num>(ii)</num><content><p>take, or consider whether HMRC could take, action against a connected person under an anti-avoidance enactment.</p></content></level></level></subsection><subsection eId="section-198-3"><num>(3)</num><content><p>The person is liable to a penalty equal to the amount of money or money’s worth received, or likely to have been received, by the person in connection with the contravening arrangements to which the notice relates.</p></content></subsection><subsection eId="section-198-4"><num>(4)</num><content><p>The amount of a penalty to which a person is liable under <ref href="#section-198-3">subsection (3)</ref> must be determined by the Upper Tribunal (with such determination being treated as assessment).</p></content></subsection><subsection eId="section-198-5"><num>(5)</num><intro><p>An application to the Tribunal for the purposes of <ref href="#section-198-1">subsection (1)</ref><ref href="#section-198-1-d">(d)</ref> or <ref href="#section-198-4">(4)</ref> may be made by an officer of Revenue and Customs and must be made before the end of the period of 12 months beginning with—</p></intro><level class="para1" eId="section-198-5-a"><num>(a)</num><intro><p>in the case of a penalty relating to a notice against which the recipient may appeal under <ref href="#section-204">section 204</ref>, the latest of—</p></intro><level class="para2" eId="section-198-5-a-i"><num>(i)</num><content><p>the day on which the person became liable to a penalty under <ref href="#section-194">section 194</ref><ref href="#section-194-1">(1)</ref>,</p></content></level><level class="para2" eId="section-198-5-a-ii"><num>(ii)</num><content><p>the last day of the period in which notice of appeal against the notice could have been given, and</p></content></level><level class="para2" eId="section-198-5-a-iii"><num>(iii)</num><content><p>if notice of such an appeal has been given, the day on which the appeal is determined or withdrawn, or</p></content></level></level><level class="para1" eId="section-198-5-b"><num>(b)</num><content><p>in any other case, the day on which the person became liable to a penalty under <ref href="#section-194">section 194</ref><ref href="#section-194-1">(1)</ref>.</p></content></level></subsection><subsection eId="section-198-6"><num>(6)</num><content><p>An officer of Revenue and Customs who makes an application for the purposes of <ref href="#section-198-1">subsection (1)</ref><ref href="#section-198-1-d">(d)</ref> or <ref href="#section-198-4">(4)</ref> must notify the person concerned.</p></content></subsection><subsection eId="section-198-7"><num>(7)</num><content><p>For the purposes of <ref href="#section-198">this section</ref>, a reference to contravening arrangements to which a notice relates is a reference to arrangements by reference to which the person to whom the notice relates is considered to be a connected person under <ref href="#section-177">section 177</ref><ref href="#section-177-1">(1)</ref> (including, where the person is a connected person under <ref href="#section-177">section 177</ref>(1)(b), arrangements by reference to which the other person is considered to be a connected person).</p></content></subsection><subsection eId="section-198-8"><num>(8)</num><content><p><ref href="#section-198">This section</ref> does not apply in relation to a notice under <ref href="#section-183">section 183</ref> (financial institutions).</p></content></subsection></section><section eId="section-199"><num>199</num><heading>Increased daily default penalty</heading><subsection eId="section-199-1"><num>(1)</num><intro><p>An officer of Revenue and Customs may apply to the tribunal for a determination that an increased penalty should be available under <ref href="#section-194">section 194</ref><ref href="#section-194-4">(4)</ref> in respect of a person’s failure to comply with an information notice if—</p></intro><level class="para1" eId="section-199-1-a"><num>(a)</num><content><p>a penalty has been imposed under <ref href="#section-194">section 194</ref><ref href="#section-194-3">(3)</ref> (daily penalties for continuing failure) in respect of the failure,</p></content></level><level class="para1" eId="section-199-1-b"><num>(b)</num><content><p>the failure continues after the end of the period of 30 days beginning with the day on which notification of the penalty under <ref href="#section-194">section 194</ref><ref href="#section-194-3">(3)</ref> was issued (see paragraph 46 to Schedule 36 to FA 2008), and</p></content></level><level class="para1" eId="section-199-1-c"><num>(c)</num><content><p>the officer has notified the person of their intention to apply to the tribunal under <ref href="#section-199">this section</ref>.</p></content></level></subsection><subsection eId="section-199-2"><num>(2)</num><intro><p>If the tribunal decides that an increased penalty should be available under <ref href="#section-194">section 194</ref><ref href="#section-194-4">(4)</ref> in respect of a person’s failure, the tribunal must determine—</p></intro><level class="para1" eId="section-199-2-a"><num>(a)</num><content><p>the amount of the increased penalty, and</p></content></level><level class="para1" eId="section-199-2-b"><num>(b)</num><content><p>the day from which it is to be applicable.</p></content></level></subsection><subsection eId="section-199-3"><num>(3)</num><intro><p>The increased penalty is available under <ref href="#section-194">section 194</ref><ref href="#section-194-4">(4)</ref> in respect of the failure—</p></intro><level class="para1" eId="section-199-3-a"><num>(a)</num><content><p>from the day determined by the tribunal, and</p></content></level><level class="para1" eId="section-199-3-b"><num>(b)</num><content><p>as though the figure in that subsection were replaced with the amount of the increased penalty.</p></content></level></subsection><subsection eId="section-199-4"><num>(4)</num><intro><p>An increased penalty under <ref href="#section-199">this section</ref> may not exceed—</p></intro><level class="para1" eId="section-199-4-a"><num>(a)</num><content><p>in relation to a notice under <ref href="#section-183">section 183</ref> (financial institutions), £1,000, or</p></content></level><level class="para1" eId="section-199-4-b"><num>(b)</num><content><p>otherwise, £5,000.</p></content></level></subsection><subsection eId="section-199-5"><num>(5)</num><intro><p>In determining the amount of the increased penalty, the tribunal must have regard to—</p></intro><level class="para1" eId="section-199-5-a"><num>(a)</num><content><p>the likely cost to the person of complying with the notice,</p></content></level><level class="para1" eId="section-199-5-b"><num>(b)</num><content><p>any benefits to the person of not complying with the notice, and</p></content></level><level class="para1" eId="section-199-5-c"><num>(c)</num><content><p>any benefits to anyone else resulting from the person’s non-compliance.</p></content></level></subsection><subsection eId="section-199-6"><num>(6)</num><intro><p>If the tribunal makes a determination under <ref href="#section-199-2">subsection (2)</ref>, an officer of Revenue and Customs must notify the person to whom it relates of—</p></intro><level class="para1" eId="section-199-6-a"><num>(a)</num><content><p>the amount of the increased penalty, and</p></content></level><level class="para1" eId="section-199-6-b"><num>(b)</num><content><p>the day from which it is to be applicable.</p></content></level></subsection></section></hcontainer>
<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-194"><num>194</num><heading>Penalty for failing to comply with a notice</heading><subsection eId="section-194-1"><num>(1)</num><intro><p>A recipient of an information notice is liable to a penalty if the recipient—</p></intro><level class="para1" eId="section-194-1-a"><num>(a)</num><content><p>fails to comply with the notice, and</p></content></level><level class="para1" eId="section-194-1-b"><num>(b)</num><content><p>does so without reasonable excuse.</p></content></level></subsection><subsection eId="section-194-2"><num>(2)</num><intro><p>The penalty under <ref href="#section-194-1">subsection (1)</ref> is—</p></intro><level class="para1" eId="section-194-2-a"><num>(a)</num><content><p>in relation to a notice under <ref href="#section-183">section 183</ref> (financial institutions), £300;</p></content></level><level class="para1" eId="section-194-2-b"><num>(b)</num><content><p>otherwise, £5,000.</p></content></level></subsection><subsection eId="section-194-3"><num>(3)</num><content><p>If a failure referred to in <ref href="#section-194-1">subsection (1)</ref> continues after the day on which a penalty is imposed in respect of it, the recipient is liable to a further penalty for each day on which the failure continues.</p></content></subsection><subsection eId="section-194-4"><num>(4)</num><intro><p>The penalty under <ref href="#section-194-3">subsection (3)</ref> is—</p></intro><level class="para1" eId="section-194-4-a"><num>(a)</num><content><p>in relation to a notice under <ref href="#section-183">section 183</ref> (financial institutions), an amount not exceeding £60;</p></content></level><level class="para1" eId="section-194-4-b"><num>(b)</num><content><p>otherwise, an amount not exceeding £1,000.</p></content></level></subsection><subsection eId="section-194-5"><num>(5)</num><intro><p>Before imposing a penalty under <ref href="#section-194">this section</ref>, an officer of Revenue and Customs must—</p></intro><level class="para1" eId="section-194-5-a"><num>(a)</num><content><p>notify the recipient of the fact that the officer considers <ref href="#section-194-1">subsection (1)</ref> or <ref href="#section-194-3">(3)</ref> to apply, and</p></content></level><level class="para1" eId="section-194-5-b"><num>(b)</num><content><p>allow the recipient a period of 30 days beginning with the date of notification to make representations to HMRC.</p></content></level></subsection><subsection eId="section-194-6"><num>(6)</num><content><p><ref href="#section-194">This section</ref> does not apply in relation to a failure to comply with a requirement imposed under <ref href="#section-185">section 185</ref> (restriction on disclosure of notices).</p></content></subsection></section>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-194-1"><num>(1)</num><intro><p>A recipient of an information notice is liable to a penalty if the recipient—</p></intro><level class="para1" eId="section-194-1-a"><num>(a)</num><content><p>fails to comply with the notice, and</p></content></level><level class="para1" eId="section-194-1-b"><num>(b)</num><content><p>does so without reasonable excuse.</p></content></level></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-194-1-a"><num>(a)</num><content><p>fails to comply with the notice, and</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-194-1-b"><num>(b)</num><content><p>does so without reasonable excuse.</p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-194-2"><num>(2)</num><intro><p>The penalty under <ref href="#section-194-1">subsection (1)</ref> is—</p></intro><level class="para1" eId="section-194-2-a"><num>(a)</num><content><p>in relation to a notice under <ref href="#section-183">section 183</ref> (financial institutions), £300;</p></content></level><level class="para1" eId="section-194-2-b"><num>(b)</num><content><p>otherwise, £5,000.</p></content></level></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-194-2-a"><num>(a)</num><content><p>in relation to a notice under <ref href="#section-183">section 183</ref> (financial institutions), £300;</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-194-2-b"><num>(b)</num><content><p>otherwise, £5,000.</p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-194-3"><num>(3)</num><content><p>If a failure referred to in <ref href="#section-194-1">subsection (1)</ref> continues after the day on which a penalty is imposed in respect of it, the recipient is liable to a further penalty for each day on which the failure continues.</p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-194-4"><num>(4)</num><intro><p>The penalty under <ref href="#section-194-3">subsection (3)</ref> is—</p></intro><level class="para1" eId="section-194-4-a"><num>(a)</num><content><p>in relation to a notice under <ref href="#section-183">section 183</ref> (financial institutions), an amount not exceeding £60;</p></content></level><level class="para1" eId="section-194-4-b"><num>(b)</num><content><p>otherwise, an amount not exceeding £1,000.</p></content></level></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-194-4-a"><num>(a)</num><content><p>in relation to a notice under <ref href="#section-183">section 183</ref> (financial institutions), an amount not exceeding £60;</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-194-4-b"><num>(b)</num><content><p>otherwise, an amount not exceeding £1,000.</p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-194-5"><num>(5)</num><intro><p>Before imposing a penalty under <ref href="#section-194">this section</ref>, an officer of Revenue and Customs must—</p></intro><level class="para1" eId="section-194-5-a"><num>(a)</num><content><p>notify the recipient of the fact that the officer considers <ref href="#section-194-1">subsection (1)</ref> or <ref href="#section-194-3">(3)</ref> to apply, and</p></content></level><level class="para1" eId="section-194-5-b"><num>(b)</num><content><p>allow the recipient a period of 30 days beginning with the date of notification to make representations to HMRC.</p></content></level></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-194-5-a"><num>(a)</num><content><p>notify the recipient of the fact that the officer considers <ref href="#section-194-1">subsection (1)</ref> or <ref href="#section-194-3">(3)</ref> to apply, and</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-194-5-b"><num>(b)</num><content><p>allow the recipient a period of 30 days beginning with the date of notification to make representations to HMRC.</p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-194-6"><num>(6)</num><content><p><ref href="#section-194">This section</ref> does not apply in relation to a failure to comply with a requirement imposed under <ref href="#section-185">section 185</ref> (restriction on disclosure of notices).</p></content></subsection>
<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-195"><num>195</num><heading>Penalty for concealing information</heading><subsection eId="section-195-1"><num>(1)</num><intro><p>A recipient of an information notice is liable to a penalty if the recipient—</p></intro><level class="para1" eId="section-195-1-a"><num>(a)</num><content><p>is required to provide information under the notice issued, and</p></content></level><level class="para1" eId="section-195-1-b"><num>(b)</num><intro><p>conceals, destroys or otherwise disposes of the information—</p></intro><level class="para2" eId="section-195-1-b-i"><num>(i)</num><content><p>before the information has been provided in accordance with the notice, or</p></content></level><level class="para2" eId="section-195-1-b-ii"><num>(ii)</num><content><p>in circumstances where an officer of Revenue and Customs has notified the person in writing that the information must continue to be available (and has not withdrawn that notification).</p></content></level></level></subsection><subsection eId="section-195-2"><num>(2)</num><intro><p>A person is liable to a penalty if—</p></intro><level class="para1" eId="section-195-2-a"><num>(a)</num><intro><p>an officer of Revenue and Customs has notified the person under <ref href="#section-180">section 180</ref><ref href="#section-180-3">(3)</ref> that—</p></intro><level class="para2" eId="section-195-2-a-i"><num>(i)</num><content><p>the officer intends to issue an information notice to the person, and</p></content></level><level class="para2" eId="section-195-2-a-ii"><num>(ii)</num><content><p>certain information would be required under the notice, and</p></content></level></level><level class="para1" eId="section-195-2-b"><num>(b)</num><content><p>the person conceals, destroys or otherwise disposes of the information.</p></content></level></subsection><subsection eId="section-195-3"><num>(3)</num><intro><p><ref href="#section-195-2">Subsection (2)</ref> does not apply if the person concealed, destroyed or otherwise disposed of the information only—</p></intro><level class="para1" eId="section-195-3-a"><num>(a)</num><content><p>after the end of the period of 6 months beginning with the day on which they were last notified under <ref href="#section-180">section 180</ref><ref href="#section-180-3">(3)</ref> in respect of the information, or</p></content></level><level class="para1" eId="section-195-3-b"><num>(b)</num><content><p>after an information notice has been issued to the person in respect of the information.</p></content></level></subsection><subsection eId="section-195-4"><num>(4)</num><intro><p>The penalty under <ref href="#section-195-1">subsection (1)</ref> or <ref href="#section-195-2">(2)</ref> is—</p></intro><level class="para1" eId="section-195-4-a"><num>(a)</num><content><p>in relation to a notice under <ref href="#section-183">section 183</ref> (financial institutions), £300, or</p></content></level><level class="para1" eId="section-195-4-b"><num>(b)</num><content><p>otherwise, £20,000.</p></content></level></subsection><subsection eId="section-195-5"><num>(5)</num><content><p>In <ref href="#section-195">this section</ref>, a reference to concealing, destroying or otherwise disposing of information includes a reference to arranging for the concealment, destruction or disposal of information.</p></content></subsection></section>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-195-1"><num>(1)</num><intro><p>A recipient of an information notice is liable to a penalty if the recipient—</p></intro><level class="para1" eId="section-195-1-a"><num>(a)</num><content><p>is required to provide information under the notice issued, and</p></content></level><level class="para1" eId="section-195-1-b"><num>(b)</num><intro><p>conceals, destroys or otherwise disposes of the information—</p></intro><level class="para2" eId="section-195-1-b-i"><num>(i)</num><content><p>before the information has been provided in accordance with the notice, or</p></content></level><level class="para2" eId="section-195-1-b-ii"><num>(ii)</num><content><p>in circumstances where an officer of Revenue and Customs has notified the person in writing that the information must continue to be available (and has not withdrawn that notification).</p></content></level></level></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-195-1-a"><num>(a)</num><content><p>is required to provide information under the notice issued, and</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-195-1-b"><num>(b)</num><intro><p>conceals, destroys or otherwise disposes of the information—</p></intro><level class="para2" eId="section-195-1-b-i"><num>(i)</num><content><p>before the information has been provided in accordance with the notice, or</p></content></level><level class="para2" eId="section-195-1-b-ii"><num>(ii)</num><content><p>in circumstances where an officer of Revenue and Customs has notified the person in writing that the information must continue to be available (and has not withdrawn that notification).</p></content></level></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para2" eId="section-195-1-b-i"><num>(i)</num><content><p>before the information has been provided in accordance with the notice, or</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para2" eId="section-195-1-b-ii"><num>(ii)</num><content><p>in circumstances where an officer of Revenue and Customs has notified the person in writing that the information must continue to be available (and has not withdrawn that notification).</p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-195-2"><num>(2)</num><intro><p>A person is liable to a penalty if—</p></intro><level class="para1" eId="section-195-2-a"><num>(a)</num><intro><p>an officer of Revenue and Customs has notified the person under <ref href="#section-180">section 180</ref><ref href="#section-180-3">(3)</ref> that—</p></intro><level class="para2" eId="section-195-2-a-i"><num>(i)</num><content><p>the officer intends to issue an information notice to the person, and</p></content></level><level class="para2" eId="section-195-2-a-ii"><num>(ii)</num><content><p>certain information would be required under the notice, and</p></content></level></level><level class="para1" eId="section-195-2-b"><num>(b)</num><content><p>the person conceals, destroys or otherwise disposes of the information.</p></content></level></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-195-2-a"><num>(a)</num><intro><p>an officer of Revenue and Customs has notified the person under <ref href="#section-180">section 180</ref><ref href="#section-180-3">(3)</ref> that—</p></intro><level class="para2" eId="section-195-2-a-i"><num>(i)</num><content><p>the officer intends to issue an information notice to the person, and</p></content></level><level class="para2" eId="section-195-2-a-ii"><num>(ii)</num><content><p>certain information would be required under the notice, and</p></content></level></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para2" eId="section-195-2-a-i"><num>(i)</num><content><p>the officer intends to issue an information notice to the person, and</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para2" eId="section-195-2-a-ii"><num>(ii)</num><content><p>certain information would be required under the notice, and</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-195-2-b"><num>(b)</num><content><p>the person conceals, destroys or otherwise disposes of the information.</p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-195-3"><num>(3)</num><intro><p><ref href="#section-195-2">Subsection (2)</ref> does not apply if the person concealed, destroyed or otherwise disposed of the information only—</p></intro><level class="para1" eId="section-195-3-a"><num>(a)</num><content><p>after the end of the period of 6 months beginning with the day on which they were last notified under <ref href="#section-180">section 180</ref><ref href="#section-180-3">(3)</ref> in respect of the information, or</p></content></level><level class="para1" eId="section-195-3-b"><num>(b)</num><content><p>after an information notice has been issued to the person in respect of the information.</p></content></level></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-195-3-a"><num>(a)</num><content><p>after the end of the period of 6 months beginning with the day on which they were last notified under <ref href="#section-180">section 180</ref><ref href="#section-180-3">(3)</ref> in respect of the information, or</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-195-3-b"><num>(b)</num><content><p>after an information notice has been issued to the person in respect of the information.</p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-195-4"><num>(4)</num><intro><p>The penalty under <ref href="#section-195-1">subsection (1)</ref> or <ref href="#section-195-2">(2)</ref> is—</p></intro><level class="para1" eId="section-195-4-a"><num>(a)</num><content><p>in relation to a notice under <ref href="#section-183">section 183</ref> (financial institutions), £300, or</p></content></level><level class="para1" eId="section-195-4-b"><num>(b)</num><content><p>otherwise, £20,000.</p></content></level></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-195-4-a"><num>(a)</num><content><p>in relation to a notice under <ref href="#section-183">section 183</ref> (financial institutions), £300, or</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-195-4-b"><num>(b)</num><content><p>otherwise, £20,000.</p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-195-5"><num>(5)</num><content><p>In <ref href="#section-195">this section</ref>, a reference to concealing, destroying or otherwise disposing of information includes a reference to arranging for the concealment, destruction or disposal of information.</p></content></subsection>
<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-196"><num>196</num><heading>Penalty for inaccurate information</heading><subsection eId="section-196-1"><num>(1)</num><intro><p>A recipient of an information notice is liable to a penalty if the recipient—</p></intro><level class="para1" eId="section-196-1-a"><num>(a)</num><content><p>in purporting to comply with the notice, carelessly or deliberately provides inaccurate information, or</p></content></level><level class="para1" eId="section-196-1-b"><num>(b)</num><intro><p>after purporting to comply with the notice—</p></intro><level class="para2" eId="section-196-1-b-i"><num>(i)</num><content><p>discovers that, in doing so, they provided inaccurate information, and</p></content></level><level class="para2" eId="section-196-1-b-ii"><num>(ii)</num><content><p>does not take reasonable steps to notify HMRC of that fact.</p></content></level></level></subsection><subsection eId="section-196-2"><num>(2)</num><intro><p>The maximum penalty under subsection (1) is—</p></intro><level class="para1" eId="section-196-2-a"><num>(a)</num><content><p>in relation to a notice under <ref href="#section-183">section 183</ref> (financial institutions), £3,000 for each inaccuracy, or</p></content></level><level class="para1" eId="section-196-2-b"><num>(b)</num><content><p>otherwise, £20,000 for each inaccuracy.</p></content></level></subsection><subsection eId="section-196-3"><num>(3)</num><intro><p>Before imposing a penalty under <ref href="#section-196">this section</ref>, an officer of Revenue and Customs must—</p></intro><level class="para1" eId="section-196-3-a"><num>(a)</num><content><p>notify the recipient of the fact that the officer considers <ref href="#section-196-1">subsection (1)</ref> to apply, and</p></content></level><level class="para1" eId="section-196-3-b"><num>(b)</num><content><p>allow the recipient a period of 30 days beginning with the date of notification to make representations to HMRC.</p></content></level></subsection><subsection eId="section-196-4"><num>(4)</num><content><p>In this section, a reference to carelessness is a reference to a failure to take reasonable care.</p></content></subsection></section>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-196-1"><num>(1)</num><intro><p>A recipient of an information notice is liable to a penalty if the recipient—</p></intro><level class="para1" eId="section-196-1-a"><num>(a)</num><content><p>in purporting to comply with the notice, carelessly or deliberately provides inaccurate information, or</p></content></level><level class="para1" eId="section-196-1-b"><num>(b)</num><intro><p>after purporting to comply with the notice—</p></intro><level class="para2" eId="section-196-1-b-i"><num>(i)</num><content><p>discovers that, in doing so, they provided inaccurate information, and</p></content></level><level class="para2" eId="section-196-1-b-ii"><num>(ii)</num><content><p>does not take reasonable steps to notify HMRC of that fact.</p></content></level></level></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-196-1-a"><num>(a)</num><content><p>in purporting to comply with the notice, carelessly or deliberately provides inaccurate information, or</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-196-1-b"><num>(b)</num><intro><p>after purporting to comply with the notice—</p></intro><level class="para2" eId="section-196-1-b-i"><num>(i)</num><content><p>discovers that, in doing so, they provided inaccurate information, and</p></content></level><level class="para2" eId="section-196-1-b-ii"><num>(ii)</num><content><p>does not take reasonable steps to notify HMRC of that fact.</p></content></level></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para2" eId="section-196-1-b-i"><num>(i)</num><content><p>discovers that, in doing so, they provided inaccurate information, and</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para2" eId="section-196-1-b-ii"><num>(ii)</num><content><p>does not take reasonable steps to notify HMRC of that fact.</p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-196-2"><num>(2)</num><intro><p>The maximum penalty under subsection (1) is—</p></intro><level class="para1" eId="section-196-2-a"><num>(a)</num><content><p>in relation to a notice under <ref href="#section-183">section 183</ref> (financial institutions), £3,000 for each inaccuracy, or</p></content></level><level class="para1" eId="section-196-2-b"><num>(b)</num><content><p>otherwise, £20,000 for each inaccuracy.</p></content></level></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-196-2-a"><num>(a)</num><content><p>in relation to a notice under <ref href="#section-183">section 183</ref> (financial institutions), £3,000 for each inaccuracy, or</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-196-2-b"><num>(b)</num><content><p>otherwise, £20,000 for each inaccuracy.</p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-196-3"><num>(3)</num><intro><p>Before imposing a penalty under <ref href="#section-196">this section</ref>, an officer of Revenue and Customs must—</p></intro><level class="para1" eId="section-196-3-a"><num>(a)</num><content><p>notify the recipient of the fact that the officer considers <ref href="#section-196-1">subsection (1)</ref> to apply, and</p></content></level><level class="para1" eId="section-196-3-b"><num>(b)</num><content><p>allow the recipient a period of 30 days beginning with the date of notification to make representations to HMRC.</p></content></level></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-196-3-a"><num>(a)</num><content><p>notify the recipient of the fact that the officer considers <ref href="#section-196-1">subsection (1)</ref> to apply, and</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-196-3-b"><num>(b)</num><content><p>allow the recipient a period of 30 days beginning with the date of notification to make representations to HMRC.</p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-196-4"><num>(4)</num><content><p>In this section, a reference to carelessness is a reference to a failure to take reasonable care.</p></content></subsection>
<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-197"><num>197</num><heading>Penalty for disclosing a notice</heading><subsection eId="section-197-1"><num>(1)</num><intro><p>A recipient of an information notice is liable to a penalty if the recipient—</p></intro><level class="para1" eId="section-197-1-a"><num>(a)</num><content><p>fails to comply with a requirement imposed under <ref href="#section-185">section 185</ref> (restriction on disclosure of notices), and</p></content></level><level class="para1" eId="section-197-1-b"><num>(b)</num><content><p>does so without reasonable excuse.</p></content></level></subsection><subsection eId="section-197-2"><num>(2)</num><intro><p>The penalty under subsection (1) is—</p></intro><level class="para1" eId="section-197-2-a"><num>(a)</num><content><p>in relation to a notice under <ref href="#section-183">section 183</ref> (financial institutions), £1,000, or</p></content></level><level class="para1" eId="section-197-2-b"><num>(b)</num><content><p>otherwise, £10,000.</p></content></level></subsection></section>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-197-1"><num>(1)</num><intro><p>A recipient of an information notice is liable to a penalty if the recipient—</p></intro><level class="para1" eId="section-197-1-a"><num>(a)</num><content><p>fails to comply with a requirement imposed under <ref href="#section-185">section 185</ref> (restriction on disclosure of notices), and</p></content></level><level class="para1" eId="section-197-1-b"><num>(b)</num><content><p>does so without reasonable excuse.</p></content></level></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-197-1-a"><num>(a)</num><content><p>fails to comply with a requirement imposed under <ref href="#section-185">section 185</ref> (restriction on disclosure of notices), and</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-197-1-b"><num>(b)</num><content><p>does so without reasonable excuse.</p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-197-2"><num>(2)</num><intro><p>The penalty under subsection (1) is—</p></intro><level class="para1" eId="section-197-2-a"><num>(a)</num><content><p>in relation to a notice under <ref href="#section-183">section 183</ref> (financial institutions), £1,000, or</p></content></level><level class="para1" eId="section-197-2-b"><num>(b)</num><content><p>otherwise, £10,000.</p></content></level></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-197-2-a"><num>(a)</num><content><p>in relation to a notice under <ref href="#section-183">section 183</ref> (financial institutions), £1,000, or</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-197-2-b"><num>(b)</num><content><p>otherwise, £10,000.</p></content></level>
<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-198"><num>198</num><heading>Penalty based on monies received</heading><subsection eId="section-198-1"><num>(1)</num><intro><p><ref href="#section-198-3">Subsection (3)</ref> applies if—</p></intro><level class="para1" eId="section-198-1-a"><num>(a)</num><content><p>a penalty has been imposed on a person under <ref href="#section-194">section 194</ref><ref href="#section-194-1">(1)</ref> for failure to comply with a notice,</p></content></level><level class="para1" eId="section-198-1-b"><num>(b)</num><content><p>the person, without reasonable excuse, continues to fail to comply with the notice,</p></content></level><level class="para1" eId="section-198-1-c"><num>(c)</num><intro><p>an officer of Revenue and Customs has reason to believe that—</p></intro><level class="para2" eId="section-198-1-c-i"><num>(i)</num><content><p>the person received money or money’s worth in connection with the contravening arrangements to which the notice relates, and</p></content></level><level class="para2" eId="section-198-1-c-ii"><num>(ii)</num><content><p>the continuing failure is significant, and</p></content></level></level><level class="para1" eId="section-198-1-d"><num>(d)</num><content><p>the Upper Tribunal decides that it is appropriate for a penalty to be imposed under this section.</p></content></level></subsection><subsection eId="section-198-2"><num>(2)</num><intro><p>For the purposes of <ref href="#section-198-1">subsection (1)</ref><ref href="#section-198-1-c">(c)</ref><ref href="#section-198-1-c-ii">(ii)</ref>, a continuing failure is significant if—</p></intro><level class="para1" eId="section-198-2-a"><num>(a)</num><content><p>it continues beyond the end of the period of six months beginning with the day on which the penalty referred to in <ref href="#section-198-1">subsection (1)</ref><ref href="#section-198-1-a">(a)</ref> was imposed, or</p></content></level><level class="para1" eId="section-198-2-b"><num>(b)</num><intro><p>as a result of the continuing failure, it is or is likely to be significantly more difficult for HMRC to—</p></intro><level class="para2" eId="section-198-2-b-i"><num>(i)</num><content><p>monitor the compliance of a connected person with an anti-avoidance enactment, or</p></content></level><level class="para2" eId="section-198-2-b-ii"><num>(ii)</num><content><p>take, or consider whether HMRC could take, action against a connected person under an anti-avoidance enactment.</p></content></level></level></subsection><subsection eId="section-198-3"><num>(3)</num><content><p>The person is liable to a penalty equal to the amount of money or money’s worth received, or likely to have been received, by the person in connection with the contravening arrangements to which the notice relates.</p></content></subsection><subsection eId="section-198-4"><num>(4)</num><content><p>The amount of a penalty to which a person is liable under <ref href="#section-198-3">subsection (3)</ref> must be determined by the Upper Tribunal (with such determination being treated as assessment).</p></content></subsection><subsection eId="section-198-5"><num>(5)</num><intro><p>An application to the Tribunal for the purposes of <ref href="#section-198-1">subsection (1)</ref><ref href="#section-198-1-d">(d)</ref> or <ref href="#section-198-4">(4)</ref> may be made by an officer of Revenue and Customs and must be made before the end of the period of 12 months beginning with—</p></intro><level class="para1" eId="section-198-5-a"><num>(a)</num><intro><p>in the case of a penalty relating to a notice against which the recipient may appeal under <ref href="#section-204">section 204</ref>, the latest of—</p></intro><level class="para2" eId="section-198-5-a-i"><num>(i)</num><content><p>the day on which the person became liable to a penalty under <ref href="#section-194">section 194</ref><ref href="#section-194-1">(1)</ref>,</p></content></level><level class="para2" eId="section-198-5-a-ii"><num>(ii)</num><content><p>the last day of the period in which notice of appeal against the notice could have been given, and</p></content></level><level class="para2" eId="section-198-5-a-iii"><num>(iii)</num><content><p>if notice of such an appeal has been given, the day on which the appeal is determined or withdrawn, or</p></content></level></level><level class="para1" eId="section-198-5-b"><num>(b)</num><content><p>in any other case, the day on which the person became liable to a penalty under <ref href="#section-194">section 194</ref><ref href="#section-194-1">(1)</ref>.</p></content></level></subsection><subsection eId="section-198-6"><num>(6)</num><content><p>An officer of Revenue and Customs who makes an application for the purposes of <ref href="#section-198-1">subsection (1)</ref><ref href="#section-198-1-d">(d)</ref> or <ref href="#section-198-4">(4)</ref> must notify the person concerned.</p></content></subsection><subsection eId="section-198-7"><num>(7)</num><content><p>For the purposes of <ref href="#section-198">this section</ref>, a reference to contravening arrangements to which a notice relates is a reference to arrangements by reference to which the person to whom the notice relates is considered to be a connected person under <ref href="#section-177">section 177</ref><ref href="#section-177-1">(1)</ref> (including, where the person is a connected person under <ref href="#section-177">section 177</ref>(1)(b), arrangements by reference to which the other person is considered to be a connected person).</p></content></subsection><subsection eId="section-198-8"><num>(8)</num><content><p><ref href="#section-198">This section</ref> does not apply in relation to a notice under <ref href="#section-183">section 183</ref> (financial institutions).</p></content></subsection></section>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-198-1"><num>(1)</num><intro><p><ref href="#section-198-3">Subsection (3)</ref> applies if—</p></intro><level class="para1" eId="section-198-1-a"><num>(a)</num><content><p>a penalty has been imposed on a person under <ref href="#section-194">section 194</ref><ref href="#section-194-1">(1)</ref> for failure to comply with a notice,</p></content></level><level class="para1" eId="section-198-1-b"><num>(b)</num><content><p>the person, without reasonable excuse, continues to fail to comply with the notice,</p></content></level><level class="para1" eId="section-198-1-c"><num>(c)</num><intro><p>an officer of Revenue and Customs has reason to believe that—</p></intro><level class="para2" eId="section-198-1-c-i"><num>(i)</num><content><p>the person received money or money’s worth in connection with the contravening arrangements to which the notice relates, and</p></content></level><level class="para2" eId="section-198-1-c-ii"><num>(ii)</num><content><p>the continuing failure is significant, and</p></content></level></level><level class="para1" eId="section-198-1-d"><num>(d)</num><content><p>the Upper Tribunal decides that it is appropriate for a penalty to be imposed under this section.</p></content></level></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-198-1-a"><num>(a)</num><content><p>a penalty has been imposed on a person under <ref href="#section-194">section 194</ref><ref href="#section-194-1">(1)</ref> for failure to comply with a notice,</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-198-1-b"><num>(b)</num><content><p>the person, without reasonable excuse, continues to fail to comply with the notice,</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-198-1-c"><num>(c)</num><intro><p>an officer of Revenue and Customs has reason to believe that—</p></intro><level class="para2" eId="section-198-1-c-i"><num>(i)</num><content><p>the person received money or money’s worth in connection with the contravening arrangements to which the notice relates, and</p></content></level><level class="para2" eId="section-198-1-c-ii"><num>(ii)</num><content><p>the continuing failure is significant, and</p></content></level></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para2" eId="section-198-1-c-i"><num>(i)</num><content><p>the person received money or money’s worth in connection with the contravening arrangements to which the notice relates, and</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para2" eId="section-198-1-c-ii"><num>(ii)</num><content><p>the continuing failure is significant, and</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-198-1-d"><num>(d)</num><content><p>the Upper Tribunal decides that it is appropriate for a penalty to be imposed under this section.</p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-198-2"><num>(2)</num><intro><p>For the purposes of <ref href="#section-198-1">subsection (1)</ref><ref href="#section-198-1-c">(c)</ref><ref href="#section-198-1-c-ii">(ii)</ref>, a continuing failure is significant if—</p></intro><level class="para1" eId="section-198-2-a"><num>(a)</num><content><p>it continues beyond the end of the period of six months beginning with the day on which the penalty referred to in <ref href="#section-198-1">subsection (1)</ref><ref href="#section-198-1-a">(a)</ref> was imposed, or</p></content></level><level class="para1" eId="section-198-2-b"><num>(b)</num><intro><p>as a result of the continuing failure, it is or is likely to be significantly more difficult for HMRC to—</p></intro><level class="para2" eId="section-198-2-b-i"><num>(i)</num><content><p>monitor the compliance of a connected person with an anti-avoidance enactment, or</p></content></level><level class="para2" eId="section-198-2-b-ii"><num>(ii)</num><content><p>take, or consider whether HMRC could take, action against a connected person under an anti-avoidance enactment.</p></content></level></level></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-198-2-a"><num>(a)</num><content><p>it continues beyond the end of the period of six months beginning with the day on which the penalty referred to in <ref href="#section-198-1">subsection (1)</ref><ref href="#section-198-1-a">(a)</ref> was imposed, or</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-198-2-b"><num>(b)</num><intro><p>as a result of the continuing failure, it is or is likely to be significantly more difficult for HMRC to—</p></intro><level class="para2" eId="section-198-2-b-i"><num>(i)</num><content><p>monitor the compliance of a connected person with an anti-avoidance enactment, or</p></content></level><level class="para2" eId="section-198-2-b-ii"><num>(ii)</num><content><p>take, or consider whether HMRC could take, action against a connected person under an anti-avoidance enactment.</p></content></level></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para2" eId="section-198-2-b-i"><num>(i)</num><content><p>monitor the compliance of a connected person with an anti-avoidance enactment, or</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para2" eId="section-198-2-b-ii"><num>(ii)</num><content><p>take, or consider whether HMRC could take, action against a connected person under an anti-avoidance enactment.</p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-198-3"><num>(3)</num><content><p>The person is liable to a penalty equal to the amount of money or money’s worth received, or likely to have been received, by the person in connection with the contravening arrangements to which the notice relates.</p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-198-4"><num>(4)</num><content><p>The amount of a penalty to which a person is liable under <ref href="#section-198-3">subsection (3)</ref> must be determined by the Upper Tribunal (with such determination being treated as assessment).</p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-198-5"><num>(5)</num><intro><p>An application to the Tribunal for the purposes of <ref href="#section-198-1">subsection (1)</ref><ref href="#section-198-1-d">(d)</ref> or <ref href="#section-198-4">(4)</ref> may be made by an officer of Revenue and Customs and must be made before the end of the period of 12 months beginning with—</p></intro><level class="para1" eId="section-198-5-a"><num>(a)</num><intro><p>in the case of a penalty relating to a notice against which the recipient may appeal under <ref href="#section-204">section 204</ref>, the latest of—</p></intro><level class="para2" eId="section-198-5-a-i"><num>(i)</num><content><p>the day on which the person became liable to a penalty under <ref href="#section-194">section 194</ref><ref href="#section-194-1">(1)</ref>,</p></content></level><level class="para2" eId="section-198-5-a-ii"><num>(ii)</num><content><p>the last day of the period in which notice of appeal against the notice could have been given, and</p></content></level><level class="para2" eId="section-198-5-a-iii"><num>(iii)</num><content><p>if notice of such an appeal has been given, the day on which the appeal is determined or withdrawn, or</p></content></level></level><level class="para1" eId="section-198-5-b"><num>(b)</num><content><p>in any other case, the day on which the person became liable to a penalty under <ref href="#section-194">section 194</ref><ref href="#section-194-1">(1)</ref>.</p></content></level></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-198-5-a"><num>(a)</num><intro><p>in the case of a penalty relating to a notice against which the recipient may appeal under <ref href="#section-204">section 204</ref>, the latest of—</p></intro><level class="para2" eId="section-198-5-a-i"><num>(i)</num><content><p>the day on which the person became liable to a penalty under <ref href="#section-194">section 194</ref><ref href="#section-194-1">(1)</ref>,</p></content></level><level class="para2" eId="section-198-5-a-ii"><num>(ii)</num><content><p>the last day of the period in which notice of appeal against the notice could have been given, and</p></content></level><level class="para2" eId="section-198-5-a-iii"><num>(iii)</num><content><p>if notice of such an appeal has been given, the day on which the appeal is determined or withdrawn, or</p></content></level></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para2" eId="section-198-5-a-i"><num>(i)</num><content><p>the day on which the person became liable to a penalty under <ref href="#section-194">section 194</ref><ref href="#section-194-1">(1)</ref>,</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para2" eId="section-198-5-a-ii"><num>(ii)</num><content><p>the last day of the period in which notice of appeal against the notice could have been given, and</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para2" eId="section-198-5-a-iii"><num>(iii)</num><content><p>if notice of such an appeal has been given, the day on which the appeal is determined or withdrawn, or</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-198-5-b"><num>(b)</num><content><p>in any other case, the day on which the person became liable to a penalty under <ref href="#section-194">section 194</ref><ref href="#section-194-1">(1)</ref>.</p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-198-6"><num>(6)</num><content><p>An officer of Revenue and Customs who makes an application for the purposes of <ref href="#section-198-1">subsection (1)</ref><ref href="#section-198-1-d">(d)</ref> or <ref href="#section-198-4">(4)</ref> must notify the person concerned.</p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-198-7"><num>(7)</num><content><p>For the purposes of <ref href="#section-198">this section</ref>, a reference to contravening arrangements to which a notice relates is a reference to arrangements by reference to which the person to whom the notice relates is considered to be a connected person under <ref href="#section-177">section 177</ref><ref href="#section-177-1">(1)</ref> (including, where the person is a connected person under <ref href="#section-177">section 177</ref>(1)(b), arrangements by reference to which the other person is considered to be a connected person).</p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-198-8"><num>(8)</num><content><p><ref href="#section-198">This section</ref> does not apply in relation to a notice under <ref href="#section-183">section 183</ref> (financial institutions).</p></content></subsection>
<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-199"><num>199</num><heading>Increased daily default penalty</heading><subsection eId="section-199-1"><num>(1)</num><intro><p>An officer of Revenue and Customs may apply to the tribunal for a determination that an increased penalty should be available under <ref href="#section-194">section 194</ref><ref href="#section-194-4">(4)</ref> in respect of a person’s failure to comply with an information notice if—</p></intro><level class="para1" eId="section-199-1-a"><num>(a)</num><content><p>a penalty has been imposed under <ref href="#section-194">section 194</ref><ref href="#section-194-3">(3)</ref> (daily penalties for continuing failure) in respect of the failure,</p></content></level><level class="para1" eId="section-199-1-b"><num>(b)</num><content><p>the failure continues after the end of the period of 30 days beginning with the day on which notification of the penalty under <ref href="#section-194">section 194</ref><ref href="#section-194-3">(3)</ref> was issued (see paragraph 46 to Schedule 36 to FA 2008), and</p></content></level><level class="para1" eId="section-199-1-c"><num>(c)</num><content><p>the officer has notified the person of their intention to apply to the tribunal under <ref href="#section-199">this section</ref>.</p></content></level></subsection><subsection eId="section-199-2"><num>(2)</num><intro><p>If the tribunal decides that an increased penalty should be available under <ref href="#section-194">section 194</ref><ref href="#section-194-4">(4)</ref> in respect of a person’s failure, the tribunal must determine—</p></intro><level class="para1" eId="section-199-2-a"><num>(a)</num><content><p>the amount of the increased penalty, and</p></content></level><level class="para1" eId="section-199-2-b"><num>(b)</num><content><p>the day from which it is to be applicable.</p></content></level></subsection><subsection eId="section-199-3"><num>(3)</num><intro><p>The increased penalty is available under <ref href="#section-194">section 194</ref><ref href="#section-194-4">(4)</ref> in respect of the failure—</p></intro><level class="para1" eId="section-199-3-a"><num>(a)</num><content><p>from the day determined by the tribunal, and</p></content></level><level class="para1" eId="section-199-3-b"><num>(b)</num><content><p>as though the figure in that subsection were replaced with the amount of the increased penalty.</p></content></level></subsection><subsection eId="section-199-4"><num>(4)</num><intro><p>An increased penalty under <ref href="#section-199">this section</ref> may not exceed—</p></intro><level class="para1" eId="section-199-4-a"><num>(a)</num><content><p>in relation to a notice under <ref href="#section-183">section 183</ref> (financial institutions), £1,000, or</p></content></level><level class="para1" eId="section-199-4-b"><num>(b)</num><content><p>otherwise, £5,000.</p></content></level></subsection><subsection eId="section-199-5"><num>(5)</num><intro><p>In determining the amount of the increased penalty, the tribunal must have regard to—</p></intro><level class="para1" eId="section-199-5-a"><num>(a)</num><content><p>the likely cost to the person of complying with the notice,</p></content></level><level class="para1" eId="section-199-5-b"><num>(b)</num><content><p>any benefits to the person of not complying with the notice, and</p></content></level><level class="para1" eId="section-199-5-c"><num>(c)</num><content><p>any benefits to anyone else resulting from the person’s non-compliance.</p></content></level></subsection><subsection eId="section-199-6"><num>(6)</num><intro><p>If the tribunal makes a determination under <ref href="#section-199-2">subsection (2)</ref>, an officer of Revenue and Customs must notify the person to whom it relates of—</p></intro><level class="para1" eId="section-199-6-a"><num>(a)</num><content><p>the amount of the increased penalty, and</p></content></level><level class="para1" eId="section-199-6-b"><num>(b)</num><content><p>the day from which it is to be applicable.</p></content></level></subsection></section>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-199-1"><num>(1)</num><intro><p>An officer of Revenue and Customs may apply to the tribunal for a determination that an increased penalty should be available under <ref href="#section-194">section 194</ref><ref href="#section-194-4">(4)</ref> in respect of a person’s failure to comply with an information notice if—</p></intro><level class="para1" eId="section-199-1-a"><num>(a)</num><content><p>a penalty has been imposed under <ref href="#section-194">section 194</ref><ref href="#section-194-3">(3)</ref> (daily penalties for continuing failure) in respect of the failure,</p></content></level><level class="para1" eId="section-199-1-b"><num>(b)</num><content><p>the failure continues after the end of the period of 30 days beginning with the day on which notification of the penalty under <ref href="#section-194">section 194</ref><ref href="#section-194-3">(3)</ref> was issued (see paragraph 46 to Schedule 36 to FA 2008), and</p></content></level><level class="para1" eId="section-199-1-c"><num>(c)</num><content><p>the officer has notified the person of their intention to apply to the tribunal under <ref href="#section-199">this section</ref>.</p></content></level></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-199-1-a"><num>(a)</num><content><p>a penalty has been imposed under <ref href="#section-194">section 194</ref><ref href="#section-194-3">(3)</ref> (daily penalties for continuing failure) in respect of the failure,</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-199-1-b"><num>(b)</num><content><p>the failure continues after the end of the period of 30 days beginning with the day on which notification of the penalty under <ref href="#section-194">section 194</ref><ref href="#section-194-3">(3)</ref> was issued (see paragraph 46 to Schedule 36 to FA 2008), and</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-199-1-c"><num>(c)</num><content><p>the officer has notified the person of their intention to apply to the tribunal under <ref href="#section-199">this section</ref>.</p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-199-2"><num>(2)</num><intro><p>If the tribunal decides that an increased penalty should be available under <ref href="#section-194">section 194</ref><ref href="#section-194-4">(4)</ref> in respect of a person’s failure, the tribunal must determine—</p></intro><level class="para1" eId="section-199-2-a"><num>(a)</num><content><p>the amount of the increased penalty, and</p></content></level><level class="para1" eId="section-199-2-b"><num>(b)</num><content><p>the day from which it is to be applicable.</p></content></level></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-199-2-a"><num>(a)</num><content><p>the amount of the increased penalty, and</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-199-2-b"><num>(b)</num><content><p>the day from which it is to be applicable.</p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-199-3"><num>(3)</num><intro><p>The increased penalty is available under <ref href="#section-194">section 194</ref><ref href="#section-194-4">(4)</ref> in respect of the failure—</p></intro><level class="para1" eId="section-199-3-a"><num>(a)</num><content><p>from the day determined by the tribunal, and</p></content></level><level class="para1" eId="section-199-3-b"><num>(b)</num><content><p>as though the figure in that subsection were replaced with the amount of the increased penalty.</p></content></level></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-199-3-a"><num>(a)</num><content><p>from the day determined by the tribunal, and</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-199-3-b"><num>(b)</num><content><p>as though the figure in that subsection were replaced with the amount of the increased penalty.</p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-199-4"><num>(4)</num><intro><p>An increased penalty under <ref href="#section-199">this section</ref> may not exceed—</p></intro><level class="para1" eId="section-199-4-a"><num>(a)</num><content><p>in relation to a notice under <ref href="#section-183">section 183</ref> (financial institutions), £1,000, or</p></content></level><level class="para1" eId="section-199-4-b"><num>(b)</num><content><p>otherwise, £5,000.</p></content></level></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-199-4-a"><num>(a)</num><content><p>in relation to a notice under <ref href="#section-183">section 183</ref> (financial institutions), £1,000, or</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-199-4-b"><num>(b)</num><content><p>otherwise, £5,000.</p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-199-5"><num>(5)</num><intro><p>In determining the amount of the increased penalty, the tribunal must have regard to—</p></intro><level class="para1" eId="section-199-5-a"><num>(a)</num><content><p>the likely cost to the person of complying with the notice,</p></content></level><level class="para1" eId="section-199-5-b"><num>(b)</num><content><p>any benefits to the person of not complying with the notice, and</p></content></level><level class="para1" eId="section-199-5-c"><num>(c)</num><content><p>any benefits to anyone else resulting from the person’s non-compliance.</p></content></level></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-199-5-a"><num>(a)</num><content><p>the likely cost to the person of complying with the notice,</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-199-5-b"><num>(b)</num><content><p>any benefits to the person of not complying with the notice, and</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-199-5-c"><num>(c)</num><content><p>any benefits to anyone else resulting from the person’s non-compliance.</p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-199-6"><num>(6)</num><intro><p>If the tribunal makes a determination under <ref href="#section-199-2">subsection (2)</ref>, an officer of Revenue and Customs must notify the person to whom it relates of—</p></intro><level class="para1" eId="section-199-6-a"><num>(a)</num><content><p>the amount of the increased penalty, and</p></content></level><level class="para1" eId="section-199-6-b"><num>(b)</num><content><p>the day from which it is to be applicable.</p></content></level></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-199-6-a"><num>(a)</num><content><p>the amount of the increased penalty, and</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-199-6-b"><num>(b)</num><content><p>the day from which it is to be applicable.</p></content></level>
<hcontainer xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" name="crossheading" ukl:Name="Pblock" eId="part-6-chapter-3-crossheading-sanctions-general"><heading>Sanctions: general</heading><section eId="section-200"><num>200</num><heading>Extension of time periods</heading><content><p>For the purposes of <span><ref href="#section-189">sections 189</ref> to <ref href="#section-199">199</ref></span>(sanctions), a failure of a person to do anything within a limited period of time is to be disregarded if the person did the thing within such further period of time, if any, as an officer of Revenue and Customs or the tribunal allowed.</p></content></section><section eId="section-201"><num>201</num><heading>Reasonable excuse</heading><intro><p>For the purposes of <ref href="#section-189">sections 189</ref><ref href="#section-189-1">(1)</ref><ref href="#section-189-1-a">(a)</ref> (offence of failing to comply), <ref href="#section-192">192</ref> (criminal liability of responsible persons: no prosecution of recipient), <ref href="#section-194">194</ref> (penalty for failing to comply), <ref href="#section-197">197</ref> (penalty for disclosing) and <ref href="#section-198">198</ref> (penalty based on monies received)—</p></intro><level class="para1" eId="section-201-a"><num>(a)</num><content><p>an insufficiency of funds is not a reasonable excuse unless attributable to events outside the person’s control,</p></content></level><level class="para1" eId="section-201-b"><num>(b)</num><content><p>if the person relies on any other person to do anything, that is not a reasonable excuse unless the first person took reasonable care to avoid the failure,</p></content></level><level class="para1" eId="section-201-c"><num>(c)</num><content><p>if the person had a reasonable excuse for the failure but the excuse has ceased, the person is to be treated as having continued to have the excuse if the failure is remedied without unreasonable delay after the excuse ceased, and</p></content></level><level class="para1" eId="section-201-d"><num>(d)</num><intro><p>reliance on legal advice is to be taken automatically not to constitute a reasonable excuse if either—</p></intro><level class="para2" eId="section-201-d-i"><num>(i)</num><content><p>the advice was not based on a full and accurate description of the facts, or</p></content></level><level class="para2" eId="section-201-d-ii"><num>(ii)</num><content><p>the conclusions in the advice that the person relied upon were unreasonable.</p></content></level></level></section><section eId="section-202"><num>202</num><heading>Double jeopardy</heading><content><p>A person is not liable to a penalty under this Chapter in respect of anything in respect of which the person has been convicted of an offence.</p></content></section><section eId="section-203"><num>203</num><heading>Assessment etc of penalties: application of <ref eId="c00229" href="https://www.legislation.gov.uk/ukpga/2008/9/schedule/36">Schedule 36</ref> to <ref eId="c00230" href="https://www.legislation.gov.uk/ukpga/2008/9/contents">FA 2008</ref></heading><subsection eId="section-203-1"><num>(1)</num><content><p>The following paragraphs of <ref eId="c00231" href="https://www.legislation.gov.uk/ukpga/2008/9/schedule/36">Schedule 36</ref> to <ref eId="c00232" href="https://www.legislation.gov.uk/ukpga/2008/9/contents">FA 2008</ref> apply as set out below.</p></content></subsection><subsection eId="section-203-2"><num>(2)</num><intro><p>Paragraph 46 (assessment of penalty) applies to—</p></intro><level class="para1" eId="section-203-2-a"><num>(a)</num><content><p>a penalty under sections <ref href="#section-194">194</ref> (failure to comply) and <ref href="#section-195">195</ref> (concealing information) as it applies to a penalty under paragraphs 39 and 40 of the Schedule;</p></content></level><level class="para1" eId="section-203-2-b"><num>(b)</num><content><p>a penalty under section <ref href="#section-196">196</ref> (inaccurate information) as it applies to a penalty under paragraph 40A of the Schedule.</p></content></level></subsection><subsection eId="section-203-3"><num>(3)</num><content><p>Paragraph 51B(2) and (3) (assessment of a penalty for disclosure) apply to a penalty under section <ref href="#section-197">197</ref> (disclosure of a notice) as they apply to a penalty under <ref eId="c00233" href="https://www.legislation.gov.uk/ukpga/2008/9/schedule/36/paragraph/51B">paragraph 51B</ref><ref eId="c00234" href="https://www.legislation.gov.uk/ukpga/2008/9/schedule/36/paragraph/51B">(1)</ref> of <ref eId="c00235" href="https://www.legislation.gov.uk/ukpga/2008/9/schedule/36">the Schedule</ref>.</p></content></subsection><subsection eId="section-203-4"><num>(4)</num><content><p>Paragraph 49 (enforcement of penalty) applies to a penalty under sections <ref href="#section-194">194</ref> to <ref href="#section-197">197</ref> as it applies to a penalty under <ref eId="c00236" href="https://www.legislation.gov.uk/ukpga/2008/9/schedule/36/paragraph/39">paragraphs 39</ref>, <ref eId="c00237" href="https://www.legislation.gov.uk/ukpga/2008/9/schedule/36/paragraph/40">40</ref> and <ref eId="c00238" href="https://www.legislation.gov.uk/ukpga/2008/9/schedule/36/paragraph/40A">40A</ref> of <ref eId="c00239" href="https://www.legislation.gov.uk/ukpga/2008/9/schedule/36">the Schedule</ref> and, in the case of a penalty under <ref href="#section-197">section 197</ref> (disclosure of a notice), the reference to notification under paragraph 46 of the Schedule is to be read as a reference to notification under paragraph 51B(2)(b) of the Schedule).</p></content></subsection><subsection eId="section-203-5"><num>(5)</num><content><p>Paragraph 51 (enforcement of a tax-related penalty) applies to a penalty under section <ref href="#section-198">198</ref> (penalties based on monies received) as it applies to a penalty under <ref eId="c00240" href="https://www.legislation.gov.uk/ukpga/2008/9/schedule/36/paragraph/50">paragraph 50</ref> of <ref eId="c00241" href="https://www.legislation.gov.uk/ukpga/2008/9/schedule/36">the Schedule</ref>.</p></content></subsection></section></hcontainer>
<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-200"><num>200</num><heading>Extension of time periods</heading><content><p>For the purposes of <span><ref href="#section-189">sections 189</ref> to <ref href="#section-199">199</ref></span>(sanctions), a failure of a person to do anything within a limited period of time is to be disregarded if the person did the thing within such further period of time, if any, as an officer of Revenue and Customs or the tribunal allowed.</p></content></section>
<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-201"><num>201</num><heading>Reasonable excuse</heading><intro><p>For the purposes of <ref href="#section-189">sections 189</ref><ref href="#section-189-1">(1)</ref><ref href="#section-189-1-a">(a)</ref> (offence of failing to comply), <ref href="#section-192">192</ref> (criminal liability of responsible persons: no prosecution of recipient), <ref href="#section-194">194</ref> (penalty for failing to comply), <ref href="#section-197">197</ref> (penalty for disclosing) and <ref href="#section-198">198</ref> (penalty based on monies received)—</p></intro><level class="para1" eId="section-201-a"><num>(a)</num><content><p>an insufficiency of funds is not a reasonable excuse unless attributable to events outside the person’s control,</p></content></level><level class="para1" eId="section-201-b"><num>(b)</num><content><p>if the person relies on any other person to do anything, that is not a reasonable excuse unless the first person took reasonable care to avoid the failure,</p></content></level><level class="para1" eId="section-201-c"><num>(c)</num><content><p>if the person had a reasonable excuse for the failure but the excuse has ceased, the person is to be treated as having continued to have the excuse if the failure is remedied without unreasonable delay after the excuse ceased, and</p></content></level><level class="para1" eId="section-201-d"><num>(d)</num><intro><p>reliance on legal advice is to be taken automatically not to constitute a reasonable excuse if either—</p></intro><level class="para2" eId="section-201-d-i"><num>(i)</num><content><p>the advice was not based on a full and accurate description of the facts, or</p></content></level><level class="para2" eId="section-201-d-ii"><num>(ii)</num><content><p>the conclusions in the advice that the person relied upon were unreasonable.</p></content></level></level></section>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-201-a"><num>(a)</num><content><p>an insufficiency of funds is not a reasonable excuse unless attributable to events outside the person’s control,</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-201-b"><num>(b)</num><content><p>if the person relies on any other person to do anything, that is not a reasonable excuse unless the first person took reasonable care to avoid the failure,</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-201-c"><num>(c)</num><content><p>if the person had a reasonable excuse for the failure but the excuse has ceased, the person is to be treated as having continued to have the excuse if the failure is remedied without unreasonable delay after the excuse ceased, and</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-201-d"><num>(d)</num><intro><p>reliance on legal advice is to be taken automatically not to constitute a reasonable excuse if either—</p></intro><level class="para2" eId="section-201-d-i"><num>(i)</num><content><p>the advice was not based on a full and accurate description of the facts, or</p></content></level><level class="para2" eId="section-201-d-ii"><num>(ii)</num><content><p>the conclusions in the advice that the person relied upon were unreasonable.</p></content></level></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para2" eId="section-201-d-i"><num>(i)</num><content><p>the advice was not based on a full and accurate description of the facts, or</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para2" eId="section-201-d-ii"><num>(ii)</num><content><p>the conclusions in the advice that the person relied upon were unreasonable.</p></content></level>
<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-202"><num>202</num><heading>Double jeopardy</heading><content><p>A person is not liable to a penalty under this Chapter in respect of anything in respect of which the person has been convicted of an offence.</p></content></section>
<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-203"><num>203</num><heading>Assessment etc of penalties: application of <ref eId="c00229" href="https://www.legislation.gov.uk/ukpga/2008/9/schedule/36">Schedule 36</ref> to <ref eId="c00230" href="https://www.legislation.gov.uk/ukpga/2008/9/contents">FA 2008</ref></heading><subsection eId="section-203-1"><num>(1)</num><content><p>The following paragraphs of <ref eId="c00231" href="https://www.legislation.gov.uk/ukpga/2008/9/schedule/36">Schedule 36</ref> to <ref eId="c00232" href="https://www.legislation.gov.uk/ukpga/2008/9/contents">FA 2008</ref> apply as set out below.</p></content></subsection><subsection eId="section-203-2"><num>(2)</num><intro><p>Paragraph 46 (assessment of penalty) applies to—</p></intro><level class="para1" eId="section-203-2-a"><num>(a)</num><content><p>a penalty under sections <ref href="#section-194">194</ref> (failure to comply) and <ref href="#section-195">195</ref> (concealing information) as it applies to a penalty under paragraphs 39 and 40 of the Schedule;</p></content></level><level class="para1" eId="section-203-2-b"><num>(b)</num><content><p>a penalty under section <ref href="#section-196">196</ref> (inaccurate information) as it applies to a penalty under paragraph 40A of the Schedule.</p></content></level></subsection><subsection eId="section-203-3"><num>(3)</num><content><p>Paragraph 51B(2) and (3) (assessment of a penalty for disclosure) apply to a penalty under section <ref href="#section-197">197</ref> (disclosure of a notice) as they apply to a penalty under <ref eId="c00233" href="https://www.legislation.gov.uk/ukpga/2008/9/schedule/36/paragraph/51B">paragraph 51B</ref><ref eId="c00234" href="https://www.legislation.gov.uk/ukpga/2008/9/schedule/36/paragraph/51B">(1)</ref> of <ref eId="c00235" href="https://www.legislation.gov.uk/ukpga/2008/9/schedule/36">the Schedule</ref>.</p></content></subsection><subsection eId="section-203-4"><num>(4)</num><content><p>Paragraph 49 (enforcement of penalty) applies to a penalty under sections <ref href="#section-194">194</ref> to <ref href="#section-197">197</ref> as it applies to a penalty under <ref eId="c00236" href="https://www.legislation.gov.uk/ukpga/2008/9/schedule/36/paragraph/39">paragraphs 39</ref>, <ref eId="c00237" href="https://www.legislation.gov.uk/ukpga/2008/9/schedule/36/paragraph/40">40</ref> and <ref eId="c00238" href="https://www.legislation.gov.uk/ukpga/2008/9/schedule/36/paragraph/40A">40A</ref> of <ref eId="c00239" href="https://www.legislation.gov.uk/ukpga/2008/9/schedule/36">the Schedule</ref> and, in the case of a penalty under <ref href="#section-197">section 197</ref> (disclosure of a notice), the reference to notification under paragraph 46 of the Schedule is to be read as a reference to notification under paragraph 51B(2)(b) of the Schedule).</p></content></subsection><subsection eId="section-203-5"><num>(5)</num><content><p>Paragraph 51 (enforcement of a tax-related penalty) applies to a penalty under section <ref href="#section-198">198</ref> (penalties based on monies received) as it applies to a penalty under <ref eId="c00240" href="https://www.legislation.gov.uk/ukpga/2008/9/schedule/36/paragraph/50">paragraph 50</ref> of <ref eId="c00241" href="https://www.legislation.gov.uk/ukpga/2008/9/schedule/36">the Schedule</ref>.</p></content></subsection></section>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-203-1"><num>(1)</num><content><p>The following paragraphs of <ref eId="c00231" href="https://www.legislation.gov.uk/ukpga/2008/9/schedule/36">Schedule 36</ref> to <ref eId="c00232" href="https://www.legislation.gov.uk/ukpga/2008/9/contents">FA 2008</ref> apply as set out below.</p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-203-2"><num>(2)</num><intro><p>Paragraph 46 (assessment of penalty) applies to—</p></intro><level class="para1" eId="section-203-2-a"><num>(a)</num><content><p>a penalty under sections <ref href="#section-194">194</ref> (failure to comply) and <ref href="#section-195">195</ref> (concealing information) as it applies to a penalty under paragraphs 39 and 40 of the Schedule;</p></content></level><level class="para1" eId="section-203-2-b"><num>(b)</num><content><p>a penalty under section <ref href="#section-196">196</ref> (inaccurate information) as it applies to a penalty under paragraph 40A of the Schedule.</p></content></level></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-203-2-a"><num>(a)</num><content><p>a penalty under sections <ref href="#section-194">194</ref> (failure to comply) and <ref href="#section-195">195</ref> (concealing information) as it applies to a penalty under paragraphs 39 and 40 of the Schedule;</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-203-2-b"><num>(b)</num><content><p>a penalty under section <ref href="#section-196">196</ref> (inaccurate information) as it applies to a penalty under paragraph 40A of the Schedule.</p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-203-3"><num>(3)</num><content><p>Paragraph 51B(2) and (3) (assessment of a penalty for disclosure) apply to a penalty under section <ref href="#section-197">197</ref> (disclosure of a notice) as they apply to a penalty under <ref eId="c00233" href="https://www.legislation.gov.uk/ukpga/2008/9/schedule/36/paragraph/51B">paragraph 51B</ref><ref eId="c00234" href="https://www.legislation.gov.uk/ukpga/2008/9/schedule/36/paragraph/51B">(1)</ref> of <ref eId="c00235" href="https://www.legislation.gov.uk/ukpga/2008/9/schedule/36">the Schedule</ref>.</p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-203-4"><num>(4)</num><content><p>Paragraph 49 (enforcement of penalty) applies to a penalty under sections <ref href="#section-194">194</ref> to <ref href="#section-197">197</ref> as it applies to a penalty under <ref eId="c00236" href="https://www.legislation.gov.uk/ukpga/2008/9/schedule/36/paragraph/39">paragraphs 39</ref>, <ref eId="c00237" href="https://www.legislation.gov.uk/ukpga/2008/9/schedule/36/paragraph/40">40</ref> and <ref eId="c00238" href="https://www.legislation.gov.uk/ukpga/2008/9/schedule/36/paragraph/40A">40A</ref> of <ref eId="c00239" href="https://www.legislation.gov.uk/ukpga/2008/9/schedule/36">the Schedule</ref> and, in the case of a penalty under <ref href="#section-197">section 197</ref> (disclosure of a notice), the reference to notification under paragraph 46 of the Schedule is to be read as a reference to notification under paragraph 51B(2)(b) of the Schedule).</p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-203-5"><num>(5)</num><content><p>Paragraph 51 (enforcement of a tax-related penalty) applies to a penalty under section <ref href="#section-198">198</ref> (penalties based on monies received) as it applies to a penalty under <ref eId="c00240" href="https://www.legislation.gov.uk/ukpga/2008/9/schedule/36/paragraph/50">paragraph 50</ref> of <ref eId="c00241" href="https://www.legislation.gov.uk/ukpga/2008/9/schedule/36">the Schedule</ref>.</p></content></subsection>
<hcontainer xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" name="crossheading" ukl:Name="Pblock" eId="part-6-chapter-3-crossheading-appeals"><heading>Appeals</heading><section eId="section-204"><num>204</num><heading>Appeals against notices</heading><subsection eId="section-204-1"><num>(1)</num><content><p>A recipient of a notice under <ref href="#section-179">section 179</ref> (connected persons) may appeal against the issue of the notice or any requirement in the notice.</p></content></subsection><subsection eId="section-204-2"><num>(2)</num><content><p>A recipient of a notice under <ref href="#section-180">section 180</ref> (third parties) may appeal against the issue of the notice or any requirement in the notice on the grounds that it would be unduly onerous to comply with the notice or requirement.</p></content></subsection><subsection eId="section-204-3"><num>(3)</num><content><p>A recipient of a notice under <ref href="#section-182">section 182</ref> (identification) may appeal against the issue of the notice or any requirement in the notice on the grounds that it would be unduly onerous to comply with the notice or requirement.</p></content></subsection><subsection eId="section-204-4"><num>(4)</num><content><p><span><ref href="#section-204-1">Subsections (1)</ref> to <ref href="#section-204-3">(3)</ref></span> do not apply in relation to a notice that was issued with tribunal approval.</p></content></subsection><subsection eId="section-204-5"><num>(5)</num><content><p><ref eId="c00242" href="https://www.legislation.gov.uk/ukpga/2008/9/schedule/36/paragraph/32">Paragraph 32</ref> of <ref eId="c00243" href="https://www.legislation.gov.uk/ukpga/2008/9/schedule/36">Schedule 36</ref> to <ref eId="c00244" href="https://www.legislation.gov.uk/ukpga/2008/9/contents">FA 2008</ref> applies to appeals under <ref href="#section-204">this section</ref> as it applies to appeals under <ref eId="c00245" href="https://www.legislation.gov.uk/ukpga/2008/9/schedule/36/part/5">Part 5</ref> of <ref eId="c00246" href="https://www.legislation.gov.uk/ukpga/2008/9/schedule/36">that Schedule</ref> (and references to information notices are to be read as references to notices under this Chapter).</p></content></subsection></section><section eId="section-205"><num>205</num><heading>Appeals against penalties</heading><subsection eId="section-205-1"><num>(1)</num><intro><p>A person may appeal against any of the following decisions—</p></intro><level class="para1" eId="section-205-1-a"><num>(a)</num><content><p>a decision of an officer of Revenue and Customs that a penalty is payable under <span><ref href="#section-194">sections 194</ref> to <ref href="#section-197">197</ref></span>, and</p></content></level><level class="para1" eId="section-205-1-b"><num>(b)</num><content><p>a decision of an officer of Revenue and Customs as to the amount of a penalty under <span><ref href="#section-194">sections 194</ref> to <ref href="#section-197">197</ref>.</span></p></content></level></subsection><subsection eId="section-205-2"><num>(2)</num><content><p><ref eId="c00247" href="https://www.legislation.gov.uk/ukpga/2008/9/schedule/36/paragraph/48">Paragraph 48</ref> of <ref eId="c00248" href="https://www.legislation.gov.uk/ukpga/2008/9/schedule/36">Schedule 36</ref> to <ref eId="c00249" href="https://www.legislation.gov.uk/ukpga/2008/9/contents">FA 2008</ref> (procedure on appeal against penalty) applies to appeals under <ref href="#section-205">this section</ref> as it applies to appeals under <ref eId="c00250" href="https://www.legislation.gov.uk/ukpga/2008/9/schedule/36/paragraph/47">paragraph 47</ref> of <ref eId="c00251" href="https://www.legislation.gov.uk/ukpga/2008/9/schedule/36">that Schedule</ref> (and references to paragraph 47(1)(a) and (b) in paragraph 48 are to be read as references to subsection (1)(a) and (b) of this section).</p></content></subsection></section></hcontainer>
<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-204"><num>204</num><heading>Appeals against notices</heading><subsection eId="section-204-1"><num>(1)</num><content><p>A recipient of a notice under <ref href="#section-179">section 179</ref> (connected persons) may appeal against the issue of the notice or any requirement in the notice.</p></content></subsection><subsection eId="section-204-2"><num>(2)</num><content><p>A recipient of a notice under <ref href="#section-180">section 180</ref> (third parties) may appeal against the issue of the notice or any requirement in the notice on the grounds that it would be unduly onerous to comply with the notice or requirement.</p></content></subsection><subsection eId="section-204-3"><num>(3)</num><content><p>A recipient of a notice under <ref href="#section-182">section 182</ref> (identification) may appeal against the issue of the notice or any requirement in the notice on the grounds that it would be unduly onerous to comply with the notice or requirement.</p></content></subsection><subsection eId="section-204-4"><num>(4)</num><content><p><span><ref href="#section-204-1">Subsections (1)</ref> to <ref href="#section-204-3">(3)</ref></span> do not apply in relation to a notice that was issued with tribunal approval.</p></content></subsection><subsection eId="section-204-5"><num>(5)</num><content><p><ref eId="c00242" href="https://www.legislation.gov.uk/ukpga/2008/9/schedule/36/paragraph/32">Paragraph 32</ref> of <ref eId="c00243" href="https://www.legislation.gov.uk/ukpga/2008/9/schedule/36">Schedule 36</ref> to <ref eId="c00244" href="https://www.legislation.gov.uk/ukpga/2008/9/contents">FA 2008</ref> applies to appeals under <ref href="#section-204">this section</ref> as it applies to appeals under <ref eId="c00245" href="https://www.legislation.gov.uk/ukpga/2008/9/schedule/36/part/5">Part 5</ref> of <ref eId="c00246" href="https://www.legislation.gov.uk/ukpga/2008/9/schedule/36">that Schedule</ref> (and references to information notices are to be read as references to notices under this Chapter).</p></content></subsection></section>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-204-1"><num>(1)</num><content><p>A recipient of a notice under <ref href="#section-179">section 179</ref> (connected persons) may appeal against the issue of the notice or any requirement in the notice.</p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-204-2"><num>(2)</num><content><p>A recipient of a notice under <ref href="#section-180">section 180</ref> (third parties) may appeal against the issue of the notice or any requirement in the notice on the grounds that it would be unduly onerous to comply with the notice or requirement.</p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-204-3"><num>(3)</num><content><p>A recipient of a notice under <ref href="#section-182">section 182</ref> (identification) may appeal against the issue of the notice or any requirement in the notice on the grounds that it would be unduly onerous to comply with the notice or requirement.</p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-204-4"><num>(4)</num><content><p><span><ref href="#section-204-1">Subsections (1)</ref> to <ref href="#section-204-3">(3)</ref></span> do not apply in relation to a notice that was issued with tribunal approval.</p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-204-5"><num>(5)</num><content><p><ref eId="c00242" href="https://www.legislation.gov.uk/ukpga/2008/9/schedule/36/paragraph/32">Paragraph 32</ref> of <ref eId="c00243" href="https://www.legislation.gov.uk/ukpga/2008/9/schedule/36">Schedule 36</ref> to <ref eId="c00244" href="https://www.legislation.gov.uk/ukpga/2008/9/contents">FA 2008</ref> applies to appeals under <ref href="#section-204">this section</ref> as it applies to appeals under <ref eId="c00245" href="https://www.legislation.gov.uk/ukpga/2008/9/schedule/36/part/5">Part 5</ref> of <ref eId="c00246" href="https://www.legislation.gov.uk/ukpga/2008/9/schedule/36">that Schedule</ref> (and references to information notices are to be read as references to notices under this Chapter).</p></content></subsection>
<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-205"><num>205</num><heading>Appeals against penalties</heading><subsection eId="section-205-1"><num>(1)</num><intro><p>A person may appeal against any of the following decisions—</p></intro><level class="para1" eId="section-205-1-a"><num>(a)</num><content><p>a decision of an officer of Revenue and Customs that a penalty is payable under <span><ref href="#section-194">sections 194</ref> to <ref href="#section-197">197</ref></span>, and</p></content></level><level class="para1" eId="section-205-1-b"><num>(b)</num><content><p>a decision of an officer of Revenue and Customs as to the amount of a penalty under <span><ref href="#section-194">sections 194</ref> to <ref href="#section-197">197</ref>.</span></p></content></level></subsection><subsection eId="section-205-2"><num>(2)</num><content><p><ref eId="c00247" href="https://www.legislation.gov.uk/ukpga/2008/9/schedule/36/paragraph/48">Paragraph 48</ref> of <ref eId="c00248" href="https://www.legislation.gov.uk/ukpga/2008/9/schedule/36">Schedule 36</ref> to <ref eId="c00249" href="https://www.legislation.gov.uk/ukpga/2008/9/contents">FA 2008</ref> (procedure on appeal against penalty) applies to appeals under <ref href="#section-205">this section</ref> as it applies to appeals under <ref eId="c00250" href="https://www.legislation.gov.uk/ukpga/2008/9/schedule/36/paragraph/47">paragraph 47</ref> of <ref eId="c00251" href="https://www.legislation.gov.uk/ukpga/2008/9/schedule/36">that Schedule</ref> (and references to paragraph 47(1)(a) and (b) in paragraph 48 are to be read as references to subsection (1)(a) and (b) of this section).</p></content></subsection></section>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-205-1"><num>(1)</num><intro><p>A person may appeal against any of the following decisions—</p></intro><level class="para1" eId="section-205-1-a"><num>(a)</num><content><p>a decision of an officer of Revenue and Customs that a penalty is payable under <span><ref href="#section-194">sections 194</ref> to <ref href="#section-197">197</ref></span>, and</p></content></level><level class="para1" eId="section-205-1-b"><num>(b)</num><content><p>a decision of an officer of Revenue and Customs as to the amount of a penalty under <span><ref href="#section-194">sections 194</ref> to <ref href="#section-197">197</ref>.</span></p></content></level></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-205-1-a"><num>(a)</num><content><p>a decision of an officer of Revenue and Customs that a penalty is payable under <span><ref href="#section-194">sections 194</ref> to <ref href="#section-197">197</ref></span>, and</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-205-1-b"><num>(b)</num><content><p>a decision of an officer of Revenue and Customs as to the amount of a penalty under <span><ref href="#section-194">sections 194</ref> to <ref href="#section-197">197</ref>.</span></p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-205-2"><num>(2)</num><content><p><ref eId="c00247" href="https://www.legislation.gov.uk/ukpga/2008/9/schedule/36/paragraph/48">Paragraph 48</ref> of <ref eId="c00248" href="https://www.legislation.gov.uk/ukpga/2008/9/schedule/36">Schedule 36</ref> to <ref eId="c00249" href="https://www.legislation.gov.uk/ukpga/2008/9/contents">FA 2008</ref> (procedure on appeal against penalty) applies to appeals under <ref href="#section-205">this section</ref> as it applies to appeals under <ref eId="c00250" href="https://www.legislation.gov.uk/ukpga/2008/9/schedule/36/paragraph/47">paragraph 47</ref> of <ref eId="c00251" href="https://www.legislation.gov.uk/ukpga/2008/9/schedule/36">that Schedule</ref> (and references to paragraph 47(1)(a) and (b) in paragraph 48 are to be read as references to subsection (1)(a) and (b) of this section).</p></content></subsection>
<hcontainer xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" name="crossheading" ukl:Name="Pblock" eId="part-6-chapter-3-crossheading-miscellaneous-and-interpretation"><heading>Miscellaneous and interpretation</heading><section eId="section-206"><num>206</num><heading>Interpretation</heading><subsection eId="section-206-1"><num>(1)</num><intro><p>In this Chapter—</p></intro><hcontainer name="definition"><content><p>“<term refersTo="#term-arrangements" eId="term-arrangements">arrangements</term>” includes any agreement, scheme, arrangement or understanding of any kind whether or not legally enforceable involving one or more transactions;</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-authorised-officer-of-revenue-and-customs" eId="term-authorised-officer-of-revenue-and-customs">authorised officer of Revenue and Customs</term>” means an officer of Revenue and Customs who is, or is a member of a class of officers who are, authorised by the Commissioners for the purpose of this Chapter;</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-commissioners" eId="term-commissioners">Commissioners</term>” means the Commissioners for His Majesty’s Revenue and Customs;</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-document" eId="term-document">document</term>” includes any part of a document (and see subsection (2));</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-hmrc" eId="term-hmrc">HMRC</term>” means His Majesty’s Revenue and Customs;</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-information" eId="term-information">information</term>” includes a document (and see subsection (2));</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-information-notice" eId="term-information-notice">information notice</term>” means a notice issued under any of sections <ref href="#section-179">179</ref> to <ref href="#section-183">183</ref>;</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-investigation-of-tax-avoidance" eId="term-investigation-of-tax-avoidance">investigation of tax avoidance</term>” includes the exercise of a function under an anti-avoidance enactment;</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-recipient" eId="term-recipient">recipient</term>”, in relation to a notice, means the person to whom the notice is issued;</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-tribunal" eId="term-tribunal">tribunal</term>” means the First-tier Tribunal or, where determined by or under the Tribunal Procedure Rules, the Upper Tribunal.</p></content></hcontainer></subsection><subsection eId="section-206-2"><num>(2)</num><intro><p>For the purposes of this Chapter—</p></intro><level class="para1" eId="section-206-2-a"><num>(a)</num><content><p>a reference to providing information includes a reference to producing documents;</p></content></level><level class="para1" eId="section-206-2-b"><num>(b)</num><content><p>a reference to a document is a reference to anything in which information of any description is recorded.</p></content></level></subsection><subsection eId="section-206-3"><num>(3)</num><content><p><ref eId="c00252" href="https://www.legislation.gov.uk/ukpga/2008/9/schedule/36/paragraph/7">Paragraphs 7</ref><ref eId="c00253" href="https://www.legislation.gov.uk/ukpga/2008/9/schedule/36/paragraph/7">(2) to (4)</ref>, <ref eId="c00254" href="https://www.legislation.gov.uk/ukpga/2008/9/schedule/36/paragraph/8">8</ref>, <ref eId="c00255" href="https://www.legislation.gov.uk/ukpga/2008/9/schedule/36/paragraph/15">15</ref> and <ref eId="c00256" href="https://www.legislation.gov.uk/ukpga/2008/9/schedule/36/paragraph/16">16</ref> of <ref eId="c00257" href="https://www.legislation.gov.uk/ukpga/2008/9/schedule/36">Schedule 36</ref> to <ref eId="c00258" href="https://www.legislation.gov.uk/ukpga/2008/9/contents">FA 2008</ref> (provision relating to documents) apply in relation to documents required under this Chapter as they apply in relation to documents required under <ref eId="c00259" href="https://www.legislation.gov.uk/ukpga/2008/9/schedule/36">that Schedule</ref>.</p></content></subsection></section><section eId="section-207"><num>207</num><heading>Application of provisions of <ref eId="c00260" href="https://www.legislation.gov.uk/ukpga/1970/9/contents">TMA 1970</ref></heading><intro><p>The following provisions of <ref eId="c00261" href="https://www.legislation.gov.uk/ukpga/1970/9/contents">TMA 1970</ref> apply for the purposes of <ref href="#part-6-chapter-3">this Chapter</ref> as they apply for the purposes of the Taxes Acts—</p></intro><level class="para1" eId="section-207-a"><num>(a)</num><content><p><ref eId="c00262" href="https://www.legislation.gov.uk/ukpga/1970/9/section/108">section 108</ref> (responsibility of officers);</p></content></level><level class="para1" eId="section-207-b"><num>(b)</num><content><p><ref eId="c00263" href="https://www.legislation.gov.uk/ukpga/1970/9/section/114">section 114</ref> (want of form);</p></content></level><level class="para1" eId="section-207-c"><num>(c)</num><content><p><ref eId="c00264" href="https://www.legislation.gov.uk/ukpga/1970/9/section/115">section 115</ref> (delivery and service of documents).</p></content></level></section><section eId="section-208"><num>208</num><heading>Repeals</heading><subsection eId="section-208-1"><num>(1)</num><content><p>Section 272A of FA 2014 is repealed.</p></content></subsection><subsection eId="section-208-2"><num>(2)</num><content><p>Subsection (1) comes into force on such day as the Treasury may by regulations made by statutory instrument appoint.</p></content></subsection></section></hcontainer>
<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-206"><num>206</num><heading>Interpretation</heading><subsection eId="section-206-1"><num>(1)</num><intro><p>In this Chapter—</p></intro><hcontainer name="definition"><content><p>“<term refersTo="#term-arrangements" eId="term-arrangements">arrangements</term>” includes any agreement, scheme, arrangement or understanding of any kind whether or not legally enforceable involving one or more transactions;</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-authorised-officer-of-revenue-and-customs" eId="term-authorised-officer-of-revenue-and-customs">authorised officer of Revenue and Customs</term>” means an officer of Revenue and Customs who is, or is a member of a class of officers who are, authorised by the Commissioners for the purpose of this Chapter;</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-commissioners" eId="term-commissioners">Commissioners</term>” means the Commissioners for His Majesty’s Revenue and Customs;</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-document" eId="term-document">document</term>” includes any part of a document (and see subsection (2));</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-hmrc" eId="term-hmrc">HMRC</term>” means His Majesty’s Revenue and Customs;</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-information" eId="term-information">information</term>” includes a document (and see subsection (2));</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-information-notice" eId="term-information-notice">information notice</term>” means a notice issued under any of sections <ref href="#section-179">179</ref> to <ref href="#section-183">183</ref>;</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-investigation-of-tax-avoidance" eId="term-investigation-of-tax-avoidance">investigation of tax avoidance</term>” includes the exercise of a function under an anti-avoidance enactment;</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-recipient" eId="term-recipient">recipient</term>”, in relation to a notice, means the person to whom the notice is issued;</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-tribunal" eId="term-tribunal">tribunal</term>” means the First-tier Tribunal or, where determined by or under the Tribunal Procedure Rules, the Upper Tribunal.</p></content></hcontainer></subsection><subsection eId="section-206-2"><num>(2)</num><intro><p>For the purposes of this Chapter—</p></intro><level class="para1" eId="section-206-2-a"><num>(a)</num><content><p>a reference to providing information includes a reference to producing documents;</p></content></level><level class="para1" eId="section-206-2-b"><num>(b)</num><content><p>a reference to a document is a reference to anything in which information of any description is recorded.</p></content></level></subsection><subsection eId="section-206-3"><num>(3)</num><content><p><ref eId="c00252" href="https://www.legislation.gov.uk/ukpga/2008/9/schedule/36/paragraph/7">Paragraphs 7</ref><ref eId="c00253" href="https://www.legislation.gov.uk/ukpga/2008/9/schedule/36/paragraph/7">(2) to (4)</ref>, <ref eId="c00254" href="https://www.legislation.gov.uk/ukpga/2008/9/schedule/36/paragraph/8">8</ref>, <ref eId="c00255" href="https://www.legislation.gov.uk/ukpga/2008/9/schedule/36/paragraph/15">15</ref> and <ref eId="c00256" href="https://www.legislation.gov.uk/ukpga/2008/9/schedule/36/paragraph/16">16</ref> of <ref eId="c00257" href="https://www.legislation.gov.uk/ukpga/2008/9/schedule/36">Schedule 36</ref> to <ref eId="c00258" href="https://www.legislation.gov.uk/ukpga/2008/9/contents">FA 2008</ref> (provision relating to documents) apply in relation to documents required under this Chapter as they apply in relation to documents required under <ref eId="c00259" href="https://www.legislation.gov.uk/ukpga/2008/9/schedule/36">that Schedule</ref>.</p></content></subsection></section>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-206-1"><num>(1)</num><intro><p>In this Chapter—</p></intro><hcontainer name="definition"><content><p>“<term refersTo="#term-arrangements" eId="term-arrangements">arrangements</term>” includes any agreement, scheme, arrangement or understanding of any kind whether or not legally enforceable involving one or more transactions;</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-authorised-officer-of-revenue-and-customs" eId="term-authorised-officer-of-revenue-and-customs">authorised officer of Revenue and Customs</term>” means an officer of Revenue and Customs who is, or is a member of a class of officers who are, authorised by the Commissioners for the purpose of this Chapter;</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-commissioners" eId="term-commissioners">Commissioners</term>” means the Commissioners for His Majesty’s Revenue and Customs;</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-document" eId="term-document">document</term>” includes any part of a document (and see subsection (2));</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-hmrc" eId="term-hmrc">HMRC</term>” means His Majesty’s Revenue and Customs;</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-information" eId="term-information">information</term>” includes a document (and see subsection (2));</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-information-notice" eId="term-information-notice">information notice</term>” means a notice issued under any of sections <ref href="#section-179">179</ref> to <ref href="#section-183">183</ref>;</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-investigation-of-tax-avoidance" eId="term-investigation-of-tax-avoidance">investigation of tax avoidance</term>” includes the exercise of a function under an anti-avoidance enactment;</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-recipient" eId="term-recipient">recipient</term>”, in relation to a notice, means the person to whom the notice is issued;</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-tribunal" eId="term-tribunal">tribunal</term>” means the First-tier Tribunal or, where determined by or under the Tribunal Procedure Rules, the Upper Tribunal.</p></content></hcontainer></subsection>
<hcontainer xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" name="definition"><content><p>“<term refersTo="#term-recipient" eId="term-recipient">recipient</term>”, in relation to a notice, means the person to whom the notice is issued;</p></content></hcontainer>
<hcontainer xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" name="definition"><content><p>“<term refersTo="#term-commissioners" eId="term-commissioners">Commissioners</term>” means the Commissioners for His Majesty’s Revenue and Customs;</p></content></hcontainer>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-206-2"><num>(2)</num><intro><p>For the purposes of this Chapter—</p></intro><level class="para1" eId="section-206-2-a"><num>(a)</num><content><p>a reference to providing information includes a reference to producing documents;</p></content></level><level class="para1" eId="section-206-2-b"><num>(b)</num><content><p>a reference to a document is a reference to anything in which information of any description is recorded.</p></content></level></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-206-2-a"><num>(a)</num><content><p>a reference to providing information includes a reference to producing documents;</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-206-2-b"><num>(b)</num><content><p>a reference to a document is a reference to anything in which information of any description is recorded.</p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-206-3"><num>(3)</num><content><p><ref eId="c00252" href="https://www.legislation.gov.uk/ukpga/2008/9/schedule/36/paragraph/7">Paragraphs 7</ref><ref eId="c00253" href="https://www.legislation.gov.uk/ukpga/2008/9/schedule/36/paragraph/7">(2) to (4)</ref>, <ref eId="c00254" href="https://www.legislation.gov.uk/ukpga/2008/9/schedule/36/paragraph/8">8</ref>, <ref eId="c00255" href="https://www.legislation.gov.uk/ukpga/2008/9/schedule/36/paragraph/15">15</ref> and <ref eId="c00256" href="https://www.legislation.gov.uk/ukpga/2008/9/schedule/36/paragraph/16">16</ref> of <ref eId="c00257" href="https://www.legislation.gov.uk/ukpga/2008/9/schedule/36">Schedule 36</ref> to <ref eId="c00258" href="https://www.legislation.gov.uk/ukpga/2008/9/contents">FA 2008</ref> (provision relating to documents) apply in relation to documents required under this Chapter as they apply in relation to documents required under <ref eId="c00259" href="https://www.legislation.gov.uk/ukpga/2008/9/schedule/36">that Schedule</ref>.</p></content></subsection>
<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-207"><num>207</num><heading>Application of provisions of <ref eId="c00260" href="https://www.legislation.gov.uk/ukpga/1970/9/contents">TMA 1970</ref></heading><intro><p>The following provisions of <ref eId="c00261" href="https://www.legislation.gov.uk/ukpga/1970/9/contents">TMA 1970</ref> apply for the purposes of <ref href="#part-6-chapter-3">this Chapter</ref> as they apply for the purposes of the Taxes Acts—</p></intro><level class="para1" eId="section-207-a"><num>(a)</num><content><p><ref eId="c00262" href="https://www.legislation.gov.uk/ukpga/1970/9/section/108">section 108</ref> (responsibility of officers);</p></content></level><level class="para1" eId="section-207-b"><num>(b)</num><content><p><ref eId="c00263" href="https://www.legislation.gov.uk/ukpga/1970/9/section/114">section 114</ref> (want of form);</p></content></level><level class="para1" eId="section-207-c"><num>(c)</num><content><p><ref eId="c00264" href="https://www.legislation.gov.uk/ukpga/1970/9/section/115">section 115</ref> (delivery and service of documents).</p></content></level></section>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-207-a"><num>(a)</num><content><p><ref eId="c00262" href="https://www.legislation.gov.uk/ukpga/1970/9/section/108">section 108</ref> (responsibility of officers);</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-207-b"><num>(b)</num><content><p><ref eId="c00263" href="https://www.legislation.gov.uk/ukpga/1970/9/section/114">section 114</ref> (want of form);</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-207-c"><num>(c)</num><content><p><ref eId="c00264" href="https://www.legislation.gov.uk/ukpga/1970/9/section/115">section 115</ref> (delivery and service of documents).</p></content></level>
<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-208"><num>208</num><heading>Repeals</heading><subsection eId="section-208-1"><num>(1)</num><content><p>Section 272A of FA 2014 is repealed.</p></content></subsection><subsection eId="section-208-2"><num>(2)</num><content><p>Subsection (1) comes into force on such day as the Treasury may by regulations made by statutory instrument appoint.</p></content></subsection></section>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-208-1"><num>(1)</num><content><p>Section 272A of FA 2014 is repealed.</p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-208-2"><num>(2)</num><content><p>Subsection (1) comes into force on such day as the Treasury may by regulations made by statutory instrument appoint.</p></content></subsection>
<chapter xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:default="http://www.w3.org/1999/xhtml" eId="part-6-chapter-4"><num>Chapter 4</num><heading>Miscellaneous</heading><hcontainer name="crossheading" ukl:Name="Pblock" eId="part-6-chapter-4-crossheading-legal-professionals"><heading>Legal professionals</heading><section eId="section-209"><num>209</num><heading>Declaration in relation to privileged material</heading><subsection eId="section-209-1"><num>(1)</num><intro><p>Subsection <ref href="#section-209-2">(2)</ref> applies where—</p></intro><level class="para1" eId="section-209-1-a"><num>(a)</num><content><p>HMRC have notified a lawyer that they intend to publish, or are considering publishing, information identifying the lawyer under a provision listed in <ref href="#section-209-5">subsection (5)</ref>, and</p></content></level><level class="para1" eId="section-209-1-b"><num>(b)</num><intro><p>the lawyer—</p></intro><level class="para2" eId="section-209-1-b-i"><num>(i)</num><content><p>intends to make representations to the effect that the information should not be published, but</p></content></level><level class="para2" eId="section-209-1-b-ii"><num>(ii)</num><content><p>will not be able to substantiate some or all of those representations without disclosing the content of privileged communications.</p></content></level></level></subsection><subsection eId="section-209-2"><num>(2)</num><intro><p>A lawyer (whether or not the lawyer intending to make the representations) may make a declaration to the effect that—</p></intro><level class="para1" eId="section-209-2-a"><num>(a)</num><content><p>the representations are true, and</p></content></level><level class="para1" eId="section-209-2-b"><num>(b)</num><content><p>the content of privileged communications would be sufficient (whether alone or with other information) to demonstrate this on the balance of probabilities.</p></content></level></subsection><subsection eId="section-209-3"><num>(3)</num><content><p>When considering whether the information referred to in <ref href="#section-209-1">subsection (1)</ref><ref href="#section-209-1-a">(a)</ref> may be published, HMRC and, in the context of proceedings, a court or tribunal must treat a declaration made under <ref href="#section-209-2">subsection (2)</ref> and provided under a provision listed in <ref href="#section-209-5">subsection (5)</ref> as conclusive evidence of the information included in the declaration.</p></content></subsection><subsection eId="section-209-4"><num>(4)</num><content><p>But <ref href="#section-209-3">subsection (3)</ref> does not apply if HMRC, or the court or tribunal, is satisfied that the declaration includes any information that is incorrect.</p></content></subsection><subsection eId="section-209-5"><num>(5)</num><intro><p>The provisions are—</p></intro><level class="para1" eId="section-209-5-a"><num>(a)</num><content><p><ref eId="c00265" href="https://www.legislation.gov.uk/ukpga/2004/12/section/316C">section 316C</ref> of <ref eId="c00266" href="https://www.legislation.gov.uk/ukpga/2004/12/contents">FA 2004</ref> (disclosure of tax avoidance schemes);</p></content></level><level class="para1" eId="section-209-5-b"><num>(b)</num><content><p><ref eId="c00267" href="https://www.legislation.gov.uk/ukpga/2017/32/schedule/17/paragraph/36">paragraph 36</ref> of <ref eId="c00268" href="https://www.legislation.gov.uk/ukpga/2017/32/schedule/17">Schedule 17</ref> to <ref eId="c00269" href="https://www.legislation.gov.uk/ukpga/2017/32/contents">F(No.2)A 2017</ref> (disclosure of tax avoidance schemes: VAT and other indirect taxes);</p></content></level><level class="para1" eId="section-209-5-c"><num>(c)</num><content><p><ref eId="c00270" href="https://www.legislation.gov.uk/ukpga/2022/3/section/86">section 86</ref> of <ref eId="c00271" href="https://www.legislation.gov.uk/ukpga/2022/3/contents">FA 2022</ref> (publication of information about tax avoidance schemes).</p></content></level></subsection><subsection eId="section-209-6"><num>(6)</num><intro><p>For the purposes of this section—</p></intro><level class="para1" eId="section-209-6-a"><num>(a)</num><content><p>references to a lawyer are references to a person in respect of whose communications a claim to legal professional privilege, or (in Scotland) to confidentiality of proceedings as between client and professional legal adviser, could be maintained in legal proceedings, and</p></content></level><level class="para1" eId="section-209-6-b"><num>(b)</num><content><p>a communication is “privileged” if such a claim could be maintained in respect of it.</p></content></level></subsection><subsection eId="section-209-7"><num>(7)</num><intro><p>In this section—</p></intro><hcontainer name="definition"><intro><p>“<term refersTo="#term-hmrc" eId="term-hmrc">HMRC</term>” means—</p></intro><level class="para1"><num>(a)</num><content><p>where the provision referred to in subsection <ref href="#section-209-1">(1)</ref><ref href="#section-209-1-a">(a)</ref> is <ref eId="c00272" href="https://www.legislation.gov.uk/ukpga/2004/12/section/316C">section 316C</ref> of <ref eId="c00273" href="https://www.legislation.gov.uk/ukpga/2004/12/contents">FA 2004</ref>, HMRC as defined for the purposes of that section;</p></content></level><level class="para1"><num>(b)</num><content><p>where the provision referred to in subsection <ref href="#section-209-1">(1)</ref><ref href="#section-209-1-a">(a)</ref> is <ref eId="c00274" href="https://www.legislation.gov.uk/ukpga/2017/32/schedule/17/paragraph/36">paragraph 36</ref> of <ref eId="c00275" href="https://www.legislation.gov.uk/ukpga/2017/32/schedule/17">Schedule 17</ref> to <ref eId="c00276" href="https://www.legislation.gov.uk/ukpga/2017/32/contents">F(No.2)A 2017</ref>, HMRC as defined for the purposes of that paragraph;</p></content></level><level class="para1"><num>(c)</num><content><p>where the provision referred to in subsection <ref href="#section-209-1">(1)</ref><ref href="#section-209-1-a">(a)</ref> is <ref eId="c00277" href="https://www.legislation.gov.uk/ukpga/2022/3/section/86">section 86</ref> of <ref eId="c00278" href="https://www.legislation.gov.uk/ukpga/2022/3/contents">FA 2022</ref>—</p><blockList class="ordered roman parens" ukl:Name="OrderedList" ukl:Type="roman" ukl:Decoration="parens"><item><num>(i)</num><p>in subsection <ref href="#section-209-1">(1)</ref><ref href="#section-209-1-a">(a)</ref>, an officer of Revenue and Customs;</p></item><item><num>(ii)</num><p>in subsections <ref href="#section-209-3">(3)</ref> and <ref href="#section-209-4">(4)</ref>, an authorised officer as defined for the purposes of that section;</p></item></blockList></content></level></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-tribunal" eId="term-tribunal">tribunal</term>” means the First-tier Tribunal or, where determined by or under Tribunal Procedure Rules, the Upper Tribunal.</p></content></hcontainer></subsection><subsection eId="section-209-8"><num>(8)</num><intro><p>The Commissioners for His Majesty’s Revenue and Customs may by regulations make provision about—</p></intro><level class="para1" eId="section-209-8-a"><num>(a)</num><content><p>the form of a declaration made under <ref href="#section-209-2">subsection (2)</ref>,</p></content></level><level class="para1" eId="section-209-8-b"><num>(b)</num><content><p>the information to be included in a declaration,</p></content></level><level class="para1" eId="section-209-8-c"><num>(c)</num><content><p>when and how a declaration is to be provided.</p></content></level></subsection><subsection eId="section-209-9"><num>(9)</num><intro><p>Regulations under this section—</p></intro><level class="para1" eId="section-209-9-a"><num>(a)</num><content><p>are to be made by statutory instrument, and</p></content></level><level class="para1" eId="section-209-9-b"><num>(b)</num><content><p>may make different provision for different purposes.</p></content></level></subsection><subsection eId="section-209-10"><num>(10)</num><content><p>A statutory instrument containing regulations made under this section is subject to annulment in pursuance of a resolution of the House of Commons.</p></content></subsection></section><section eId="section-210"><num>210</num><heading>Penalties for an incorrect declaration</heading><subsection eId="section-210-1"><num>(1)</num><content><p>A person who makes a declaration under section <ref href="#section-209">209</ref><ref href="#section-209-2">(2)</ref> and carelessly or deliberately includes any incorrect information in the declaration is liable to a penalty not exceeding £10,000.</p></content></subsection><subsection eId="section-210-2"><num>(2)</num><intro><p>Where—</p></intro><level class="para1" eId="section-210-2-a"><num>(a)</num><content><p>a person (“<term refersTo="#term-a" eId="term-a">A</term>”) provides a declaration under a provision listed in section <ref href="#section-209">209</ref><ref href="#section-209-5">(5)</ref> which is made under section <ref href="#section-209">209</ref><ref href="#section-209-2">(2)</ref> by another person,</p></content></level><level class="para1" eId="section-210-2-b"><num>(b)</num><content><p>the declaration includes incorrect information, and</p></content></level><level class="para1" eId="section-210-2-c"><num>(c)</num><content><p>A knew, or could reasonably have been expected to have known, that the information was incorrect,</p></content></level><wrapUp><p>A is liable to a penalty not exceeding £10,000.</p></wrapUp></subsection><subsection eId="section-210-3"><num>(3)</num><content><p>For the purposes of subsection <ref href="#section-210-1">(1)</ref>, incorrect information is included in a declaration carelessly if the person who makes the declaration has failed to take reasonable care to verify the information before including it.</p></content></subsection></section><section eId="section-211"><num>211</num><heading>Penalties: procedure, appeals etc</heading><subsection eId="section-211-1"><num>(1)</num><content><p>Subject to subsection <ref href="#section-211-2">(2)</ref>, a penalty under section <ref href="#section-210">210</ref> is to be treated as a penalty imposed under the Taxes Acts and, accordingly, is a penalty to be determined and imposed by an authorised officer under section 100(1) of TMA 1970.</p></content></subsection><subsection eId="section-211-2"><num>(2)</num><content><p>A penalty under section <ref href="#section-210">210</ref> is not required to be paid before the penalty becomes final.</p></content></subsection><subsection eId="section-211-3"><num>(3)</num><content><p><mod>For the purposes of subsection <ref href="#section-211-2">(2)</ref> and sections <ref href="#section-212">212</ref> and <ref href="#section-213">213</ref> a penalty becomes <quotedText>“final”</quotedText> at the time when the period for any appeal or further appeal relating to the penalty expires or, if later, when any appeal or final appeal relating to the penalty is finally determined.</mod></p></content></subsection></section><section eId="section-212"><num>212</num><heading>Publication following an incorrect declaration</heading><subsection eId="section-212-1"><num>(1)</num><intro><p>An authorised officer may publish information about a person where—</p></intro><level class="para1" eId="section-212-1-a"><num>(a)</num><content><p>the person has incurred a penalty under section <ref href="#section-210">210</ref> in relation to a declaration, and</p></content></level><level class="para1" eId="section-212-1-b"><num>(b)</num><content><p>the penalty has become final.</p></content></level></subsection><subsection eId="section-212-2"><num>(2)</num><intro><p>The information that may be published under this section is—</p></intro><level class="para1" eId="section-212-2-a"><num>(a)</num><content><p>the person’s name (including any trading name, previous name or pseudonym);</p></content></level><level class="para1" eId="section-212-2-b"><num>(b)</num><content><p>any address used by the person;</p></content></level><level class="para1" eId="section-212-2-c"><num>(c)</num><content><p>any other information that the authorised officer considers appropriate for the purposes of identifying the person or their business;</p></content></level><level class="para1" eId="section-212-2-d"><num>(d)</num><content><p>details of the arrangements to which the declaration relates including the nature of the person’s involvement in those arrangements;</p></content></level><level class="para1" eId="section-212-2-e"><num>(e)</num><content><p>details of the penalty imposed on the person under section <ref href="#section-210">210</ref>.</p></content></level></subsection><subsection eId="section-212-3"><num>(3)</num><content><p>The information may be published in any way that the authorised officer considers appropriate.</p></content></subsection><subsection eId="section-212-4"><num>(4)</num><intro><p>Before publishing information under this section, the authorised officer must—</p></intro><level class="para1" eId="section-212-4-a"><num>(a)</num><content><p>notify the person that they are considering doing so,</p></content></level><level class="para1" eId="section-212-4-b"><num>(b)</num><content><p>give the person 30 days from that notification in which to make representations about whether it should be published, and</p></content></level><level class="para1" eId="section-212-4-c"><num>(c)</num><content><p>have regard to any representations received.</p></content></level></subsection><subsection eId="section-212-5"><num>(5)</num><intro><p>In this section—</p></intro><hcontainer name="definition"><intro><p>“<term refersTo="#term-arrangements" eId="term-arrangements">arrangements</term>” means—</p></intro><level class="para1"><num>(a)</num><content><p>in relation to a declaration provided under section 316C(6)(b)(ii) of FA 2004, arrangements or proposed arrangements, with those terms having the same meaning as in that section;</p></content></level><level class="para1"><num>(b)</num><content><p>in relation to a declaration provided under <ref eId="c00279" href="https://www.legislation.gov.uk/ukpga/2017/32/schedule/17/paragraph/36">paragraph 36</ref>(6)(b)(ii) of <ref eId="c00280" href="https://www.legislation.gov.uk/ukpga/2017/32/schedule/17">Schedule 17</ref> to <ref eId="c00281" href="https://www.legislation.gov.uk/ukpga/2017/32/contents">F(No.2)A 2017</ref>, arrangements or proposed arrangements, with those terms having the same meaning as in that paragraph;</p></content></level><level class="para1"><num>(c)</num><content><p>in relation to a declaration provided under section 86(5)(b)(ii) of FA 2022, a proposal or arrangements, with those terms having the same meaning as in that section;</p></content></level></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-authorised-officer" eId="term-authorised-officer">authorised officer</term>” means an officer of Revenue and Customs authorised for the purposes of this section.</p></content></hcontainer></subsection></section><section eId="section-213"><num>213</num><heading>Time limits for publication</heading><subsection eId="section-213-1"><num>(1)</num><content><p>Publication of any information under section <ref href="#section-212">212</ref> on the basis of a penalty incurred by a person may not take place after the end of the period of 12 months beginning with the date on which the penalty became final.</p></content></subsection><subsection eId="section-213-2"><num>(2)</num><content><p>Subsection <ref href="#section-213-1">(1)</ref> is not to be taken to prevent the re-publication, or continued publication, after the end of the period referred to in that subsection, of information published under section <ref href="#section-212">212</ref> before the end of the period.</p></content></subsection></section><section eId="section-214"><num>214</num><heading>Amendments to existing legislation: removal of privilege exemption</heading><subsection eId="section-214-1"><num>(1)</num><intro><p>In <ref eId="c00282" href="https://www.legislation.gov.uk/ukpga/2004/12/section/316C">section 316C</ref> of <ref eId="c00283" href="https://www.legislation.gov.uk/ukpga/2004/12/contents">FA 2004</ref> (disclosure of tax avoidance schemes)—</p></intro><level class="para1" eId="section-214-1-a"><num>(a)</num><content><p>omit <ref eId="c00284" href="https://www.legislation.gov.uk/ukpga/2004/12/section/316C">subsection (4A)</ref>;</p></content></level><level class="para1" eId="section-214-1-b"><num>(b)</num><intro><p>in <ref eId="c00285" href="https://www.legislation.gov.uk/ukpga/2004/12/section/316C">subsection (6)</ref><ref eId="c00286" href="https://www.legislation.gov.uk/ukpga/2004/12/section/316C">(b)</ref>—</p></intro><level class="para2" eId="section-214-1-b-i"><num>(i)</num><content><p>the words from “make representations” to the end become sub-paragraph (i);</p></content></level><level class="para2" eId="section-214-1-b-ii"><num>(ii)</num><content><p><mod>after that sub-paragraph insert <quotedText startQuote="“">, and</quotedText><quotedStructure endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="default"><level class="para2"><num>(ii)</num><content><p>where section <ref href="#section-209">209</ref><ref href="#section-209-2">(2)</ref> of FA 2026 applies, provide a declaration made under that subsection substantiating those representations.</p></content></level></quotedStructure><inline name="appendText">.</inline></mod></p></content></level></level></subsection><subsection eId="section-214-2"><num>(2)</num><intro><p>In <ref eId="c00287" href="https://www.legislation.gov.uk/ukpga/2017/32/schedule/17/paragraph/36">paragraph 36</ref> of <ref eId="c00288" href="https://www.legislation.gov.uk/ukpga/2017/32/schedule/17">Schedule 17</ref> to <ref eId="c00289" href="https://www.legislation.gov.uk/ukpga/2017/32/contents">F(No.2)A 2017</ref> (disclosure of tax avoidance schemes: VAT and other indirect taxes)—</p></intro><level class="para1" eId="section-214-2-a"><num>(a)</num><content><p>omit <ref eId="c00290" href="https://www.legislation.gov.uk/ukpga/2017/32/schedule/17/paragraph/36">sub-paragraph (4A)</ref>;</p></content></level><level class="para1" eId="section-214-2-b"><num>(b)</num><intro><p>in <ref eId="c00291" href="https://www.legislation.gov.uk/ukpga/2017/32/schedule/17/paragraph/36">sub-paragraph (6)</ref><ref eId="c00292" href="https://www.legislation.gov.uk/ukpga/2017/32/schedule/17/paragraph/36">(b)</ref>—</p></intro><level class="para2" eId="section-214-2-b-i"><num>(i)</num><content><p>the words from “make representations” to the end become sub-paragraph (i);</p></content></level><level class="para2" eId="section-214-2-b-ii"><num>(ii)</num><content><p><mod>after that sub-paragraph insert <quotedText startQuote="“">, and</quotedText><quotedStructure endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="default"><level class="para2"><num>(ii)</num><content><p>where section <ref href="#section-209">209</ref><ref href="#section-209-2">(2)</ref> of FA 2026 applies, provide a declaration made under that subsection substantiating those representations.</p></content></level></quotedStructure><inline name="appendText">.</inline></mod></p></content></level></level></subsection><subsection eId="section-214-3"><num>(3)</num><intro><p>In <ref eId="c00293" href="https://www.legislation.gov.uk/ukpga/2022/3/section/86">section 86</ref> of <ref eId="c00294" href="https://www.legislation.gov.uk/ukpga/2022/3/contents">FA 2022</ref> (publication of information about tax avoidance schemes)—</p></intro><level class="para1" eId="section-214-3-a"><num>(a)</num><content><p>omit <ref eId="c00295" href="https://www.legislation.gov.uk/ukpga/2022/3/section/86">subsection (3)</ref><ref eId="c00296" href="https://www.legislation.gov.uk/ukpga/2022/3/section/86">(b)</ref> (and the “or” before it);</p></content></level><level class="para1" eId="section-214-3-b"><num>(b)</num><intro><p>in <ref eId="c00297" href="https://www.legislation.gov.uk/ukpga/2022/3/section/86">subsection (5)</ref><ref eId="c00298" href="https://www.legislation.gov.uk/ukpga/2022/3/section/86">(b)</ref>—</p></intro><level class="para2" eId="section-214-3-b-i"><num>(i)</num><content><p>the words from “make representations” to the end become sub-paragraph (i);</p></content></level><level class="para2" eId="section-214-3-b-ii"><num>(ii)</num><content><p><mod>after that sub-paragraph insert <quotedText startQuote="“">, and</quotedText><quotedStructure endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="default"><level class="para2"><num>(ii)</num><content><p>where section <ref href="#section-209">209</ref><ref href="#section-209-2">(2)</ref> of FA 2026 applies, provide a declaration made under that subsection substantiating those representations.</p></content></level></quotedStructure><inline name="appendText">;</inline></mod></p></content></level></level><level class="para1" eId="section-214-3-c"><num>(c)</num><content><p><mod>in <ref eId="c00299" href="https://www.legislation.gov.uk/ukpga/2022/3/section/86">subsection (6)</ref>, after “representations” insert <quotedText>“and any declaration”</quotedText>.</mod></p></content></level></subsection></section><section eId="section-215"><num>215</num><heading>Commencement</heading><subsection eId="section-215-1"><num>(1)</num><content><p>Subject to subsection <ref href="#section-215-2">(2)</ref>, sections <ref href="#section-209">209</ref> to <ref href="#section-214">214</ref> have effect from the day on which this Act is passed.</p></content></subsection><subsection eId="section-215-2"><num>(2)</num><content><p>The amendments made by section <ref href="#section-214">214</ref> have effect only in relation to conduct occurring on or after the day on which this Act is passed.</p></content></subsection></section></hcontainer><hcontainer name="crossheading" ukl:Name="Pblock" eId="part-6-chapter-4-crossheading-disclosure-of-tax-avoidance-schemes-consequences-for-failure-to-comply"><heading>Disclosure of tax avoidance schemes: consequences for failure to comply</heading><section eId="section-216"><num>216</num><heading>Penalties for non-disclosure of tax avoidance schemes</heading><subsection eId="section-216-1"><num>(1)</num><intro><p>In <ref eId="c00300" href="https://www.legislation.gov.uk/ukpga/1970/9/contents">TMA 1970</ref>—</p></intro><level class="para1" eId="section-216-1-a"><num>(a)</num><content><p>omit <ref eId="c00301" href="https://www.legislation.gov.uk/ukpga/1970/9/section/98C">section 98C</ref> (notifications under Part 7 of FA 2004);</p></content></level><level class="para1" eId="section-216-1-b"><num>(b)</num><content><p>in <ref eId="c00302" href="https://www.legislation.gov.uk/ukpga/1970/9/section/100">section 100</ref><ref eId="c00303" href="https://www.legislation.gov.uk/ukpga/1970/9/section/100">(2)</ref> (determination of penalties by an officer of the Board), omit <ref eId="c00304" href="https://www.legislation.gov.uk/ukpga/1970/9/section/100">paragraph (f)</ref>;</p></content></level><level class="para1" eId="section-216-1-c"><num>(c)</num><content><p>in <ref eId="c00305" href="https://www.legislation.gov.uk/ukpga/1970/9/section/103A">section 103A</ref> (interest on penalties), omit “(other than section 98C)”.</p></content></level></subsection><subsection eId="section-216-2"><num>(2)</num><intro><p>In <ref eId="c00306" href="https://www.legislation.gov.uk/ukpga/2004/12/part/7">Part 7</ref> of <ref eId="c00307" href="https://www.legislation.gov.uk/ukpga/2004/12/contents">FA 2004</ref> (disclosure of tax avoidance schemes)—</p></intro><level class="para1" eId="section-216-2-a"><num>(a)</num><content><p><mod>in <ref eId="c00308" href="https://www.legislation.gov.uk/ukpga/2004/12/section/313">section 313</ref><ref eId="c00309" href="https://www.legislation.gov.uk/ukpga/2004/12/section/313">(4)</ref>, for “98C of the Taxes Management Act 1970” substitute <quotedText>“315”</quotedText>;</mod></p></content></level><level class="para1" eId="section-216-2-b"><num>(b)</num><content><p><mod>for section 315 substitute—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><section eId="d28e34054"><num>315</num><heading>Penalties</heading><subsection eId="d28e34058"><num>(1)</num><content><p>A person who fails to comply with a duty imposed by a provision mentioned in the first column of the table is liable to a penalty not exceeding the amount specified in relation to that provision in the second column.</p><tblock class="table" ukl:Orientation="portrait"><foreign><default:table xmlns="http://www.w3.org/1999/xhtml"><default:colgroup><default:col style="width:33.33%"/><default:col style="width:66.66%"/></default:colgroup><default:thead><default:tr><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0"><b><i>Provision</i></b></p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0"><b><i>Maximum penalty amount</i></b></p></default:th></default:tr></default:thead><default:tbody><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Section 308(1) or (3) (promoter’s duty to notify)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">The applicable rate for each day on which the person fails to comply or, if subsection <ref href="#d28e34221">(3)</ref> applies, £1 million</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Section 309(1) (client’s duty to notify: no UK promoter)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">The applicable rate for each day on which the person fails to comply or, if subsection <ref href="#d28e34221">(3)</ref> applies, £1 million</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Section 310 (client’s duty to notify: no promoter)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">The applicable rate for each day on which the person fails to comply or, if subsection <ref href="#d28e34221">(3)</ref> applies, £1 million</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Section 310A (duty to provide further information)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">The applicable rate for each day on which the person fails to comply or, if subsection <ref href="#d28e34221">(3)</ref> applies, £1 million</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Section 310C (promoter’s duty to update information)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£5,000</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Section 311C (duty to provide further information: section 311(3) case)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">The applicable rate for each day on which the person fails to comply or, if subsection <ref href="#d28e34221">(3)</ref> applies, £1 million</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Section 312(2) (promoter’s duty to notify client of SRN)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£5,000</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Section 312ZA(2) (duty to notify client of SRN: section 311(3) case)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£5,000</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Section 312A(2) or (2A) (client’s duty to notify other persons of SRN)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£5,000</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Section 312B (client’s duty to provide client information to promoter or service provider)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£5,000</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Section 313(1) or regulations under section 313(3) (other party’s duty to provide information)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">The amount specified in subsection <ref href="#d28e34227">(4)</ref></p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Section 313ZA (promoter’s or service provider’s duty to provide client information)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£5,000</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Section 313ZB (service provider’s duty to provide other party’s information)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£5,000</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Section 313ZC (employer’s duty to provide employee information)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£5,000</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Section 313A (duty to provide statement on notifiability)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£5,000</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Section 313B (duty to provide supporting evidence on notifiability)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£5,000</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Section 313C (introducer’s duty to provide other person’s information)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£5,000</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Section 316A (duty to provide information in addition to SRN to client or other persons)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£5,000</p></default:td></default:tr></default:tbody></default:table></foreign></tblock></content></subsection><subsection eId="d28e34188"><num>(2)</num><intro><p>The “<term refersTo="#term-applicable-rate">applicable rate</term>” means—</p></intro><level class="para1"><num>(a)</num><content><p>£600, or</p></content></level><level class="para1"><num>(b)</num><intro><p>where an order has been made under section 306A or 314A (orders about notifiability) in respect of the arrangements or proposal in relation to which the person fails to comply—</p></intro><level class="para2"><num>(i)</num><content><p>£600 for each day falling before the end of the period of ten days beginning with the day on which the order was made, and</p></content></level><level class="para2"><num>(ii)</num><content><p>£5,000 for each day falling after the end of that period.</p></content></level></level></subsection><subsection eId="d28e34221"><num>(3)</num><content><p>This subsection applies where an authorised officer considers that the amount otherwise specified in relation to the provision is inappropriately low.</p></content></subsection><subsection eId="d28e34227"><num>(4)</num><intro><p>The amount specified for section 313(1) or regulations under section 313(3) is—</p></intro><level class="para1"><num>(a)</num><content><p>£10,000, if the person has failed to comply with the section or regulations on two or more other occasions during the period of 36 months ending with the date of the current failure,</p></content></level><level class="para1"><num>(b)</num><content><p>£7,500, if the person has failed to comply with the section or regulations on one other occasion during the period of 36 months ending with the date of the current failure, or</p></content></level><level class="para1"><num>(c)</num><content><p>£5,000, in any other case.</p></content></level></subsection><subsection eId="d28e34251"><num>(5)</num><intro><p>In subsection <ref href="#d28e34058">(1)</ref>, a reference to a day on which a person fails to comply with a duty is a reference to a day that—</p></intro><level class="para1"><num>(a)</num><content><p>begins after the day by which the person was required to comply with the duty, and</p></content></level><level class="para1"><num>(b)</num><intro><p>ends before the earlier of—</p></intro><level class="para2"><num>(i)</num><content><p>the day on which the person complies with the duty,</p></content></level><level class="para2"><num>(ii)</num><content><p>the day on which any reference number is allocated to the arrangements or proposed arrangements concerned in the circumstances described in subsection <ref href="#d28e34296">(6)</ref>, and</p></content></level><level class="para2"><num>(iii)</num><content><p>the day on which a penalty under subsection <ref href="#d28e34058">(1)</ref> is imposed in relation to the failure.</p></content></level></level></subsection><subsection eId="d28e34296"><num>(6)</num><intro><p>The circumstances are—</p></intro><level class="para1"><num>(a)</num><content><p>the duty referred to in subsection <ref href="#d28e34251">(5)</ref> is a duty imposed by section 308(1) or (3), 309(1) or 310, and</p></content></level><level class="para1"><num>(b)</num><content><p>it is a case within section 311(3).</p></content></level></subsection></section><section eId="d28e34320"><num>315A</num><heading>Further penalties</heading><subsection eId="d28e34324"><num>(1)</num><intro><p>If—</p></intro><level class="para1"><num>(a)</num><content><p>a penalty under section <ref href="#d28e34054">315</ref> is imposed in relation to a person’s failure to comply with a duty, and</p></content></level><level class="para1"><num>(b)</num><content><p>after the penalty has been imposed, the person continues to fail to comply with the duty,</p></content></level><wrapUp><p>the person is liable to a further penalty not exceeding the applicable rate (as defined in section <ref href="#d28e34054">315</ref><ref href="#d28e34188">(2)</ref>) for each day on which the failure continues.</p></wrapUp></subsection><subsection><num>(2)</num><content><p>Subsection <ref href="#d28e34324">(1)</ref> does not apply to a failure to comply with a duty imposed by section 313(1) or regulations under section 313(3).</p></content></subsection></section><section><num>315B</num><heading>Determination of penalties</heading><subsection><num>(1)</num><content><p>A penalty under this Part is to be treated as a penalty under a provision of the Taxes Acts and, accordingly, is a penalty to be determined and imposed by an authorised officer under section 100(1) of TMA 1970.</p></content></subsection><subsection><num>(2)</num><intro><p>In determining an amount of a specified penalty (including considering whether an amount is inappropriately low under section <ref href="#d28e34054">315</ref><ref href="#d28e34221">(3)</ref>), the authorised officer must have regard to all relevant considerations, including—</p></intro><level class="para1"><num>(a)</num><content><p>the desirability of the penalty being set at a level which appears appropriate for deterring the person, or other persons, from similar failures to comply on future occasions;</p></content></level><level class="para1"><num>(b)</num><content><p>the amount of any fees received, or likely to have been received, by the person in connection with the proposal or arrangements concerned;</p></content></level><level class="para1"><num>(c)</num><content><p>in the case of a person entering into the arrangements, the amount of any advantage gained, or sought to be gained, by that person.</p></content></level></subsection><subsection><num>(3)</num><content><p>In this section, a “specified penalty” is a penalty under section <ref href="#d28e34054">315</ref> that is imposed in relation to a person’s failure to comply with a duty imposed by section 308(1) or (3), 309(1), 310, 310A or 311C.</p></content></subsection></section><section><num>315C</num><heading>Failure to comply with time limit</heading><content><p>A failure to do anything required to be done within a limited period of time does not give rise to liability to a penalty under section <ref href="#d28e34054">315</ref> or <ref href="#d28e34320">315A</ref> if the person did it within such further time, if any, as an officer of Revenue and Customs or the tribunal may have allowed.</p></content></section><section eId="d28e34430"><num>315D</num><heading>Other exemptions from liability to a penalty</heading><subsection eId="d28e34434"><num>(1)</num><intro><p>A person is deemed not to have failed to comply with a duty imposed by a provision mentioned in the first column of the table in section <ref href="#d28e34054">315</ref><ref href="#d28e34058">(1)</ref> if the person had a reasonable excuse for the failure and—</p></intro><level class="para1"><num>(a)</num><content><p>the reasonable excuse continues to apply, or</p></content></level><level class="para1"><num>(b)</num><content><p>the reasonable excuse has ceased to apply, but the person complied with the duty without unreasonable delay after the cessation.</p></content></level></subsection><subsection><num>(2)</num><intro><p>Where an order is made under section 306A or 314A—</p></intro><level class="para1"><num>(a)</num><content><p>the order is not evidence that a person either does or does not have a reasonable excuse for non-compliance before the order was made, and</p></content></level><level class="para1"><num>(b)</num><content><p>the person identified in the order as the promoter cannot rely on doubt as to notifiability as a reasonable excuse for a failure to comply with section 308.</p></content></level></subsection><subsection><num>(3)</num><intro><p>Where a person fails to comply with—</p></intro><level class="para1"><num>(a)</num><content><p>section 309 and the promoter for the purposes of that section is a monitored promoter, or</p></content></level><level class="para1"><num>(b)</num><content><p>section 310 and the arrangements for the purposes of that section are arrangements of a monitored promoter,</p></content></level><wrapUp><p>then any legal advice which was given or procured by that monitored promoter and which the person took into account is to be disregarded in determining whether the person has a reasonable excuse for the failure.</p></wrapUp></subsection><subsection><num>(4)</num><intro><p>In determining whether or not a person who is a monitored promoter has a reasonable excuse for a failure to do anything required to be done, reliance on legal advice does not constitute a reasonable excuse if either—</p></intro><level class="para1"><num>(a)</num><content><p>the advice was not based on a full and accurate description of the facts, or</p></content></level><level class="para1"><num>(b)</num><content><p>the conclusions in the advice that the person relied on were unreasonable.</p></content></level></subsection><subsection><num>(5)</num><content><p>For the purposes of this section, “<term refersTo="#term-monitored-promoter">monitored promoter</term>” has the meaning given by section 244(5) of FA 2014.</p></content></subsection></section><section><num>315E</num><heading>Regulations to vary amounts</heading><subsection><num>(1)</num><content><p>The Treasury may by regulations make provision for the purpose of varying any of the amounts specified in section <ref href="#d28e34054">315</ref> or <ref href="#d28e34320">315A</ref>.</p></content></subsection><subsection><num>(2)</num><intro><p>Regulations under this section—</p></intro><level class="para1"><num>(a)</num><content><p>must be made by statutory instrument, and</p></content></level><level class="para1"><num>(b)</num><content><p>may not be made unless a draft has been laid before and approved by resolution of the House of Commons.</p></content></level></subsection></section></quotedStructure><inline name="appendText">;</inline></mod></p></content></level><level class="para1" eId="section-216-2-c"><num>(c)</num><content><p><mod>in <ref eId="c00310" href="https://www.legislation.gov.uk/ukpga/2004/12/section/318">section 318</ref>, in the appropriate places insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><hcontainer name="definition"><content><p>“<term refersTo="#term-authorised-officer">authorised officer</term>” means an officer of Revenue and Customs authorised by His Majesty’s Revenue and Customs for the purposes of this Part or, as the case may be, section 100 of TMA 1970;</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-taxes-acts">Taxes Acts</term>” has the same meaning as in TMA 1970 (see section 118(1) of that Act);</p></content></hcontainer></quotedStructure><inline name="appendText">.</inline></mod></p></content></level></subsection><subsection eId="section-216-3"><num>(3)</num><intro><p>In <ref eId="c00311" href="https://www.legislation.gov.uk/ukpga/2017/32/schedule/17/part/2">Part 2</ref> of <ref eId="c00312" href="https://www.legislation.gov.uk/ukpga/2017/32/schedule/17">Schedule 17</ref> to <ref eId="c00313" href="https://www.legislation.gov.uk/ukpga/2017/32/contents">F(No.2)A 2017</ref> (disclosure of tax avoidance schemes: VAT and other indirect taxes)—</p></intro><level class="para1" eId="section-216-3-a"><num>(a)</num><content><p>in the cross heading before paragraph 39 omit “(apart from paragraph 26)”;</p></content></level><level class="para1" eId="section-216-3-b"><num>(b)</num><content><p><mod>for paragraphs 39 to 44 substitute—<quotedStructure startQuote="“" endQuote="”" uk:context="schedule" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="schedule" ukl:Format="double"><paragraph eId="d28e34616" class="schProv1"><num>39</num><subparagraph eId="d28e34620"><num>(1)</num><content><p>A person who fails to comply with a duty imposed by a provision of Part 1 of this Schedule mentioned in the first column of the table is liable to a penalty not exceeding the amount specified in relation to that provision in the second column.</p><tblock class="table" ukl:Orientation="portrait"><foreign><default:table xmlns="http://www.w3.org/1999/xhtml"><default:colgroup><default:col style="width:33.34%"/><default:col style="width:66.66%"/></default:colgroup><default:thead><default:tr><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Provision</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Maximum penalty amount</p></default:th></default:tr></default:thead><default:tbody><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Paragraph 11(1) or 12(1) (promoter’s duty to notify)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">The applicable rate for each day on which the person fails to comply or, if sub-paragraph <ref href="#d28e34774">(3)</ref> applies, £1 million</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Paragraph 17(2) (client’s duty to notify: no UK promoter)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">The applicable rate for each day on which the person fails to comply or, if sub-paragraph <ref href="#d28e34774">(3)</ref> applies, £1 million</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Paragraph 18(2) (client’s duty to notify: no promoter)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">The applicable rate for each day on which the person fails to comply or, if sub-paragraph <ref href="#d28e34774">(3)</ref> applies, £1 million</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Paragraph 19 (duty to provide further information)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">The applicable rate for each day on which the person fails to comply or, if sub-paragraph <ref href="#d28e34774">(3)</ref> applies, £1 million</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Paragraph 21 (promoter’s duty to update information)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£5,000</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Paragraph 22C (duty to provide further information: paragraph 22(3) case)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">The applicable rate for each day on which the person fails to comply or, if sub-paragraph <ref href="#d28e34774">(3)</ref> applies, £1 million</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Paragraph 23(2) (promoter’s duty to notify client of SRN)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£5,000</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Paragraph 23A(2) (duty to notify client of SRN: paragraph 22(3) case)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£5,000</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Paragraph 24(3) (client’s duty to notify other persons of SRN)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£5,000</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Paragraph 25(2) (client’s duty to provide client information to promoter or service provider)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£5,000</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Paragraph 26(1) or regulations under paragraph 26(3) (other party’s duty to provide information)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">The amount specified in sub-paragraph <ref href="#d28e34780">(4)</ref></p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Paragraph 27(3) (promoter’s or service provider’s duty to provide client information)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£5,000</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Paragraph 28 (service provider’s duty to provide other party’s information)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£5,000</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Paragraph 29 (duty to provide statement on notifiability)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£5,000</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Paragraph 30 (duty to provide supporting evidence on notifiability)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£5,000</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Paragraph 31 (introducer’s duty to provide other person’s information)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£5,000</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Paragraph 33 (duty to provide information in addition to SRN to client or other persons)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£5,000</p></default:td></default:tr></default:tbody></default:table></foreign></tblock></content></subparagraph><subparagraph eId="d28e34741"><num>(2)</num><intro><p>The “<term refersTo="#term-applicable-rate">applicable rate</term>” means—</p></intro><level class="para1"><num>(a)</num><content><p>£600, or</p></content></level><level class="para1" eId="d28e34756"><num>(b)</num><intro><p>where an order has been made under paragraph 4 or 5 (orders about notifiability) in respect of the arrangements or proposal in relation to which the person fails to comply—</p></intro><level class="para2"><num>(i)</num><content><p>£600 for each day falling before the end of the period of eleven days beginning with the day on which the order was made, and</p></content></level><level class="para2"><num>(ii)</num><content><p>£5,000 for each day falling after the end of that period.</p></content></level></level></subparagraph><subparagraph eId="d28e34774"><num>(3)</num><content><p>This sub-paragraph applies where an authorised officer considers that the amount otherwise specified in relation to the provision is inappropriately low.</p></content></subparagraph><subparagraph eId="d28e34780"><num>(4)</num><intro><p>The amount specified for paragraph 26(1) or regulations under paragraph 26(3) is—</p></intro><level class="para1"><num>(a)</num><content><p>£10,000, if the person has failed to comply with the paragraph or regulations on two or more other occasions during the period of 36 months ending with the date of the current failure,</p></content></level><level class="para1"><num>(b)</num><content><p>£7,500, if the person has failed to comply with the paragraph or regulations on one other occasion during the period of 36 months ending with the date of the current failure, or</p></content></level><level class="para1"><num>(c)</num><content><p>£5,000, in any other case.</p></content></level></subparagraph><subparagraph eId="d28e34804"><num>(5)</num><intro><p>In sub-paragraph <ref href="#d28e34620">(1)</ref>, a reference to a day on which a person fails to comply with a duty is a reference to a day that—</p></intro><level class="para1"><num>(a)</num><content><p>begins after the day by which the person was required to comply with the duty, and</p></content></level><level class="para1"><num>(b)</num><intro><p>ends before the earlier of—</p></intro><level class="para2"><num>(i)</num><content><p>the day on which the person complies with the duty,</p></content></level><level class="para2"><num>(ii)</num><content><p>the day on which any reference number is allocated to the arrangements or proposed arrangements concerned in the circumstances described in sub-paragraph <ref href="#d28e34849">(6)</ref>, and</p></content></level><level class="para2"><num>(iii)</num><content><p>the day on which a penalty under <ref href="#d28e34620">sub-paragraph (1)</ref> is imposed in relation to the failure.</p></content></level></level></subparagraph><subparagraph eId="d28e34849"><num>(6)</num><intro><p>The circumstances are—</p></intro><level class="para1"><num>(a)</num><content><p>the duty referred to in sub-paragraph <ref href="#d28e34804">(5)</ref> is a duty imposed by paragraph 11(1), 12(1), 17(2) or 18(2), and</p></content></level><level class="para1"><num>(b)</num><content><p>it is a case within paragraph 22(3).</p></content></level></subparagraph><subparagraph><num>(7)</num><content><p>In this paragraph “<term refersTo="#term-authorised-officer">authorised officer</term>” means an officer of Revenue and Customs authorised by HMRC for the purposes of this paragraph.</p></content></subparagraph></paragraph><paragraph eId="d28e34879" class="schProv1"><num>40</num><subparagraph eId="d28e34883"><num>(1)</num><intro><p>If—</p></intro><level class="para1"><num>(a)</num><content><p>a penalty under paragraph <ref href="#d28e34616">39</ref> is imposed in relation to a person’s failure to comply with a duty, and</p></content></level><level class="para1"><num>(b)</num><content><p>after the penalty has been imposed, the person continues to fail to comply with the duty,</p></content></level><wrapUp><p>the person is liable to a further penalty not exceeding the applicable rate (as defined in paragraph <ref href="#d28e34616">39</ref><ref href="#d28e34741">(2)</ref>) for each day on which the failure continues.</p></wrapUp></subparagraph><subparagraph><num>(2)</num><content><p>Sub-paragraph <ref href="#d28e34883">(1)</ref> does not apply to a failure to comply with a duty imposed by paragraph 26(1) or regulations under paragraph 26(3).</p></content></subparagraph></paragraph><paragraph class="schProv1"><num>41</num><subparagraph><num>(1)</num><intro><p>In assessing the amount of a specified penalty (including considering whether an amount is inappropriately low under paragraph <ref href="#d28e34616">39</ref><ref href="#d28e34774">(3)</ref>), an authorised officer must have regard to all relevant considerations, including—</p></intro><level class="para1"><num>(a)</num><content><p>the desirability of the penalty being set at a level which appears appropriate for deterring the person, or other persons, from similar failures to comply on future occasions;</p></content></level><level class="para1"><num>(b)</num><content><p>the amount of any fees received, or likely to have been received, by the person in connection with the proposal or arrangements concerned;</p></content></level><level class="para1"><num>(c)</num><content><p>in the case of a person entering into the arrangements, the amount of any advantage gained, or sought to be gained, by that person.</p></content></level></subparagraph><subparagraph><num>(2)</num><intro><p>In this paragraph—</p></intro><level class="para1"><num>(a)</num><content><p>“<term refersTo="#term-authorised-officer">authorised officer</term>” means an officer of Revenue and Customs authorised by HMRC for the purposes of this paragraph;</p></content></level><level class="para1"><num>(b)</num><content><p>a “specified penalty” is a penalty under paragraph <ref href="#d28e34616">39</ref> that is imposed in relation to a person’s failure to comply with a duty imposed by paragraph 11(1), 12(1), 17(2), 18(2), 19 or 22C.</p></content></level></subparagraph></paragraph><paragraph class="schProv1"><num>42</num><subparagraph><num>(1)</num><content><p>The Treasury may by regulations make provision for the purpose of varying any of the amounts specified in paragraph <ref href="#d28e34616">39</ref> or <ref href="#d28e34879">40</ref>.</p></content></subparagraph><subparagraph><num>(2)</num><content><p>Regulations under this paragraph may include incidental or transitional provision.</p></content></subparagraph></paragraph></quotedStructure><inline name="appendText">;</inline></mod></p></content></level><level class="para1" eId="section-216-3-c"><num>(c)</num><content><p>omit <ref eId="c00314" href="https://www.legislation.gov.uk/ukpga/2017/32/schedule/17/paragraph/45">paragraph 45</ref> and the cross heading before paragraph 45;</p></content></level><level class="para1" eId="section-216-3-d"><num>(d)</num><content><p>in the italic cross heading before paragraph 46, omit “under paragraph 39(1)(b) or 44”;</p></content></level><level class="para1" eId="section-216-3-e"><num>(e)</num><content><p><mod>in <ref eId="c00315" href="https://www.legislation.gov.uk/ukpga/2017/32/schedule/17/paragraph/46">paragraph 46</ref><ref eId="c00316" href="https://www.legislation.gov.uk/ukpga/2017/32/schedule/17/paragraph/46">(1)</ref>, for “39(1)(b) or 44” substitute <quotedText>“<ref href="#d28e34616">39</ref> or <ref href="#d28e34879">40</ref>”</quotedText>;</mod></p></content></level><level class="para1" eId="section-216-3-f"><num>(f)</num><content><p><mod>in <ref eId="c00317" href="https://www.legislation.gov.uk/ukpga/2017/32/schedule/17/paragraph/49">paragraph 49</ref><ref eId="c00318" href="https://www.legislation.gov.uk/ukpga/2017/32/schedule/17/paragraph/49">(2)</ref><ref eId="c00319" href="https://www.legislation.gov.uk/ukpga/2017/32/schedule/17/paragraph/49">(a)</ref>, for “prescribed period mentioned in paragraph 41” substitute <quotedText>“period mentioned in paragraph <ref href="#d28e34616">39</ref><ref href="#d28e34741">(2)</ref><ref href="#d28e34756">(b)</ref>”</quotedText>.</mod></p></content></level></subsection></section><section eId="section-217"><num>217</num><heading>Removal of time limits on publication by HMRC</heading><subsection eId="section-217-1"><num>(1)</num><content><p>In <ref eId="c00320" href="https://www.legislation.gov.uk/ukpga/2004/12/part/7">Part 7</ref> of <ref eId="c00321" href="https://www.legislation.gov.uk/ukpga/2004/12/contents">FA 2004</ref> (disclosure of tax avoidance schemes), in <ref eId="c00322" href="https://www.legislation.gov.uk/ukpga/2004/12/section/316C">section 316C</ref> (publication by HMRC), omit <ref eId="c00323" href="https://www.legislation.gov.uk/ukpga/2004/12/section/316C">subsections (6A)</ref> and <ref eId="c00324" href="https://www.legislation.gov.uk/ukpga/2004/12/section/316C">(6B)</ref>.</p></content></subsection><subsection eId="section-217-2"><num>(2)</num><content><p>In <ref eId="c00325" href="https://www.legislation.gov.uk/ukpga/2017/32/schedule/17/part/1">Part 1</ref> of <ref eId="c00326" href="https://www.legislation.gov.uk/ukpga/2017/32/schedule/17">Schedule 17</ref> to <ref eId="c00327" href="https://www.legislation.gov.uk/ukpga/2017/32/contents">F(No.2)A 2017</ref> (disclosure of tax avoidance schemes: VAT and other indirect taxes), in <ref eId="c00328" href="https://www.legislation.gov.uk/ukpga/2017/32/schedule/17/paragraph/36">paragraph 36</ref> (publication by HMRC), omit <ref eId="c00329" href="https://www.legislation.gov.uk/ukpga/2017/32/schedule/17/paragraph/36">sub-paragraphs (7)</ref> and <ref eId="c00330" href="https://www.legislation.gov.uk/ukpga/2017/32/schedule/17/paragraph/36">(8)</ref>.</p></content></subsection></section><section eId="section-218"><num>218</num><heading>Consequential amendments</heading><subsection eId="section-218-1"><num>(1)</num><intro><p>In <ref eId="c00331" href="https://www.legislation.gov.uk/ukpga/2014/26/schedule/34/paragraph/5">paragraph 5</ref> of <ref eId="c00332" href="https://www.legislation.gov.uk/ukpga/2014/26/schedule/34">Schedule 34</ref> to <ref eId="c00333" href="https://www.legislation.gov.uk/ukpga/2014/26/contents">FA 2014</ref> (promoters of tax avoidance schemes: threshold conditions)—</p></intro><level class="para1" eId="section-218-1-a"><num>(a)</num><content><p><mod>in <ref eId="c00334" href="https://www.legislation.gov.uk/ukpga/2014/26/schedule/34/paragraph/5">sub-paragraph (3)</ref><ref eId="c00335" href="https://www.legislation.gov.uk/ukpga/2014/26/schedule/34/paragraph/5">(a)</ref>, for “the tribunal” substitute <quotedText>“an authorised officer”</quotedText>;</mod></p></content></level><level class="para1" eId="section-218-1-b"><num>(b)</num><intro><p>in <ref eId="c00336" href="https://www.legislation.gov.uk/ukpga/2014/26/schedule/34/paragraph/5">sub-paragraph (4)</ref><ref eId="c00337" href="https://www.legislation.gov.uk/ukpga/2014/26/schedule/34/paragraph/5">(a)</ref>—</p></intro><level class="para2" eId="section-218-1-b-i"><num>(i)</num><content><p><mod>at the beginning insert <quotedText>“on appeal,”</quotedText>;</mod></p></content></level><level class="para2" eId="section-218-1-b-ii"><num>(ii)</num><content><p><mod>for “section 118(2) of TMA 1970” substitute <quotedText>“section <ref href="#d28e34430">315D</ref><ref href="#d28e34434">(1)</ref> of FA 2004”</quotedText>;</mod></p></content></level></level><level class="para1" eId="section-218-1-c"><num>(c)</num><content><p><mod>for sub-paragraph (6) substitute—<quotedStructure startQuote="“" endQuote="”" uk:context="schedule" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="schedule" ukl:Format="double"><subparagraph><num>(6)</num><intro><p>For the purposes of this paragraph—</p></intro><hcontainer name="definition"><intro><p>“<term refersTo="#term-appeal-period">appeal period</term>” means—</p></intro><level class="para1"><num>(a)</num><content><p>the period during which an appeal could be brought against the determination of an authorised officer or the tribunal, as applicable, or</p></content></level><level class="para1"><num>(b)</num><content><p>where an appeal mentioned in paragraph (a) has been brought, the period during which that appeal has not been finally determined, withdrawn or otherwise disposed of;</p></content></level></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-authorised-officer">authorised officer</term>” means an officer of Revenue and Customs who is, or is a member of a class of officers who are, authorised by HMRC for the purposes of the provision concerned.</p></content></hcontainer></subparagraph></quotedStructure><inline name="appendText">.</inline></mod></p></content></level></subsection><subsection eId="section-218-2"><num>(2)</num><content><p><mod>In <ref eId="c00338" href="https://www.legislation.gov.uk/ukpga/2020/14/schedule/13/paragraph/5">paragraph 5</ref> of <ref eId="c00339" href="https://www.legislation.gov.uk/ukpga/2020/14/schedule/13">Schedule 13</ref> to <ref eId="c00340" href="https://www.legislation.gov.uk/ukpga/2020/14/contents">FA 2020</ref> (joint and several liability of company directors), for sub-paragraph (6)(a) substitute—<quotedStructure startQuote="“" endQuote="”" uk:context="schedule" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="schedule" ukl:Format="double"><level class="para1"><num>(a)</num><content><p>sections 315 and 315A of FA 2004 (penalties for non-disclosure of tax avoidance schemes);</p></content></level></quotedStructure><inline name="appendText">.</inline></mod></p></content></subsection><subsection eId="section-218-3"><num>(3)</num><intro><p>In <ref eId="c00341" href="https://www.legislation.gov.uk/ukpga/1992/5/section/132A">section 132A</ref><ref eId="c00342" href="https://www.legislation.gov.uk/ukpga/1992/5/section/132A">(2)</ref> of the <ref eId="c00343" href="https://www.legislation.gov.uk/ukpga/1992/5/contents">Social Security Administration Act 1992</ref> (disclosure of contributions avoidance arrangements)—</p></intro><level class="para1" eId="section-218-3-a"><num>(a)</num><content><p><mod>in <ref eId="c00344" href="https://www.legislation.gov.uk/ukpga/1992/5/section/132A">paragraph (a)</ref>, at the end insert <quotedText>“or to a penalty under that Part”</quotedText>;</mod></p></content></level><level class="para1" eId="section-218-3-b"><num>(b)</num><intro><p>in <ref eId="c00345" href="https://www.legislation.gov.uk/ukpga/1992/5/section/132A">paragraph (b)</ref>—</p></intro><level class="para2" eId="section-218-3-b-i"><num>(i)</num><content><p><mod>for “section 98C of the Taxes Management Act 1970 (penalties for failure to comply with Part 7 of the Finance Act 2004) and any other” substitute <quotedText>“any”</quotedText>;</mod></p></content></level><level class="para2" eId="section-218-3-b-ii"><num>(ii)</num><content><p><mod>for “that section” substitute <quotedText>“Part 7 of the Finance Act 2004”</quotedText>.</mod></p></content></level></level></subsection><subsection eId="section-218-4"><num>(4)</num><intro><p>In <ref eId="c00346" href="https://www.legislation.gov.uk/ukpga/2022/3/contents">FA 2022</ref>—</p></intro><level class="para1" eId="section-218-4-a"><num>(a)</num><intro><p>in <ref eId="c00347" href="https://www.legislation.gov.uk/ukpga/2022/3/section/90">section 90</ref><ref eId="c00348" href="https://www.legislation.gov.uk/ukpga/2022/3/section/90">(3)</ref> (freezing orders: interpretation etc)—</p></intro><level class="para2" eId="section-218-4-a-i"><num>(i)</num><content><p>omit <ref eId="c00349" href="https://www.legislation.gov.uk/ukpga/2022/3/section/90">paragraph (a)</ref>;</p></content></level><level class="para2" eId="section-218-4-a-ii"><num>(ii)</num><content><p>omit <ref eId="c00350" href="https://www.legislation.gov.uk/ukpga/2022/3/section/90">paragraph (d)</ref>;</p></content></level></level><level class="para1" eId="section-218-4-b"><num>(b)</num><content><p><mod>in <ref eId="c00351" href="https://www.legislation.gov.uk/ukpga/2022/3/schedule/13">Schedule 13</ref> (penalties for facilitating avoidance schemes involving non-resident promoters), in <ref eId="c00352" href="https://www.legislation.gov.uk/ukpga/2022/3/schedule/13/paragraph/1">paragraph 1</ref><ref eId="c00353" href="https://www.legislation.gov.uk/ukpga/2022/3/schedule/13/paragraph/1">(4)</ref>, for <ref href="#section-218-4-a">paragraph (a)</ref> substitute—<quotedStructure startQuote="“" endQuote="”" uk:context="schedule" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="schedule" ukl:Format="double"><level class="para1"><num>(a)</num><content><p>section <ref href="#d28e34054">315</ref> or 315A of FA 2004 (disclosure of tax avoidance schemes);</p></content></level></quotedStructure><inline name="appendText">.</inline></mod></p></content></level></subsection></section><section eId="section-219"><num>219</num><heading>Commencement</heading><content><p>The amendments made by sections <ref href="#section-216">216</ref> and <ref href="#section-218">218</ref> do not have effect in relation to a penalty for which proceedings have been commenced under section 100C TMA or paragraph 45 of Schedule 17 to F(No.2)A 2017 before sections <ref href="#section-216">216</ref> and <ref href="#section-218">218</ref> come into force.</p></content></section></hcontainer><hcontainer name="crossheading" ukl:Name="Pblock" eId="part-6-chapter-4-crossheading-construction-industry-scheme-amendments"><heading>Construction industry scheme: amendments</heading><section eId="section-220"><num>220</num><heading>Construction industry scheme: amendments</heading><subsection eId="section-220-1"><num>(1)</num><content><p><ref eId="c00354" href="https://www.legislation.gov.uk/ukpga/2004/12/part/3/chapter/3">Chapter 3</ref> of <ref eId="c00355" href="https://www.legislation.gov.uk/ukpga/2004/12/part/3">Part 3</ref> of <ref eId="c00356" href="https://www.legislation.gov.uk/ukpga/2004/12/contents">FA 2004</ref> (construction industry scheme) is amended as follows.</p></content></subsection><subsection eId="section-220-2"><num>(2)</num><content><p><mod>After <ref eId="c00357" href="https://www.legislation.gov.uk/ukpga/2004/12/section/62">section 62</ref> insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><hcontainer name="crossheading" ukl:Name="Pblock"><heading>Liability for things done in the knowledge of deliberate failures to comply</heading><section eId="d28e35426"><num>62A</num><heading>Payments made in the knowledge of deliberate failures to comply</heading><subsection eId="d28e35430"><num>(1)</num><intro><p>This section applies to a person who—</p></intro><level class="para1" eId="d28e35436"><num>(a)</num><content><p>has made a payment under a construction contract, and</p></content></level><level class="para1"><num>(b)</num><intro><p>before making a payment, knew or should have known that a connected party had deliberately failed, or would deliberately fail, to comply with a requirement to—</p></intro><level class="para2"><num>(i)</num><content><p>deduct a sum under section 61,</p></content></level><level class="para2"><num>(ii)</num><content><p>pay a sum to the Commissioners under section 62, or</p></content></level><level class="para2"><num>(iii)</num><content><p>deduct or pay an amount to His Majesty’s Revenue and Customs under PAYE regulations.</p></content></level></level></subsection><subsection eId="d28e35466"><num>(2)</num><content><p>If this section applies, an officer of Revenue and Customs may determine that the person is liable to pay to the Commissioners an amount equal to 20% of the payment referred to in subsection <ref href="#d28e35430">(1)</ref>.</p></content></subsection><subsection><num>(3)</num><intro><p>In this section, a “connected party” is</p></intro><level class="para1"><num>(a)</num><content><p>another party to the construction contract referred to in subsection <ref href="#d28e35430">(1)</ref><ref href="#d28e35436">(a)</ref>, or</p></content></level><level class="para1"><num>(b)</num><content><p>a party to another construction contract relating to the same construction operations as the construction contract referred to in subsection <ref href="#d28e35430">(1)</ref><ref href="#d28e35436">(a)</ref>.</p></content></level></subsection></section><section eId="d28e35506"><num>62B</num><heading>Returns made in the knowledge of deliberate failures to comply</heading><subsection><num>(1)</num><intro><p>This section applies to a person who—</p></intro><level class="para1"><num>(a)</num><content><p>makes a return which treats a sum as deducted and paid on account of the person’s liabilities under section 62(2) or (3), and</p></content></level><level class="para1"><num>(b)</num><intro><p>before doing so, knew or should have known that the sum—</p></intro><level class="para2"><num>(i)</num><content><p>had not been deducted, or</p></content></level><level class="para2"><num>(ii)</num><content><p>had deliberately not been, or would deliberately not be, paid on account of the person’s liabilities.</p></content></level></level></subsection><subsection eId="d28e35540"><num>(2)</num><content><p>If this section applies, an officer of Revenue and Customs may determine that the person is liable to pay to the Commissioners an amount equal to the sum which the return treats as paid on account of the person’s liabilities.</p></content></subsection></section><section><num>62C</num><heading>Regulations</heading><content><p>The Commissioners may make regulations with respect to the determination, collection and recovery of amounts described in sections <ref href="#d28e35426">62A</ref><ref href="#d28e35466">(2)</ref> and <ref href="#d28e35506">62B</ref><ref href="#d28e35540">(2)</ref>.</p></content></section></hcontainer></quotedStructure><inline name="appendText">.</inline></mod></p></content></subsection><subsection eId="section-220-3"><num>(3)</num><intro><p>In <ref eId="c00358" href="https://www.legislation.gov.uk/ukpga/2004/12/section/66">section 66</ref>—</p></intro><level class="para1" eId="section-220-3-a"><num>(a)</num><content><p><mod>after <ref eId="c00359" href="https://www.legislation.gov.uk/ukpga/2004/12/section/66">subsection (3)</ref> insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><subsection eId="d28e35586"><num>(3A)</num><intro><p>The Commissioners may at any time make a determination cancelling a person’s registration for gross payment if—</p></intro><level class="para1"><num>(a)</num><content><p>section <ref href="#d28e35426">62A</ref> (payments made in the knowledge of deliberate failures to comply), or</p></content></level><level class="para1"><num>(b)</num><content><p>section <ref href="#d28e35506">62B</ref> (returns made in the knowledge of deliberate failures to comply),</p></content></level><wrapUp><p>applies to the person.</p></wrapUp></subsection></quotedStructure><inline name="appendText">;</inline></mod></p></content></level><level class="para1" eId="section-220-3-b"><num>(b)</num><intro><p>in <ref eId="c00360" href="https://www.legislation.gov.uk/ukpga/2004/12/section/66">subsection (4)</ref>—</p></intro><level class="para2" eId="section-220-3-b-i"><num>(i)</num><content><p><mod>for “the Board” substitute <quotedText>“the Commissioners”</quotedText>;</mod></p></content></level><level class="para2" eId="section-220-3-b-ii"><num>(ii)</num><content><p><mod>after “subsection (3)” insert <quotedText>“or subsection <ref href="#d28e35586">(3A)</ref>”</quotedText>;</mod></p></content></level></level><level class="para1" eId="section-220-3-c"><num>(c)</num><intro><p>in <ref eId="c00361" href="https://www.legislation.gov.uk/ukpga/2004/12/section/66">subsection (6)</ref>—</p></intro><level class="para2" eId="section-220-3-c-i"><num>(i)</num><content><p>the words from “the person must” to the end become paragraph (a);</p></content></level><level class="para2" eId="section-220-3-c-ii"><num>(ii)</num><content><p><mod>after that paragraph insert <quotedText startQuote="“">, and</quotedText><quotedStructure endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="default"><level class="para1"><num>(b)</num><content><p>the person may not, within the period of one year beginning with the day on which the cancellation takes effect (see subsection (2) and section 67(5)), apply for registration for gross payment.</p></content></level></quotedStructure><inline name="appendText">;</inline></mod></p></content></level></level><level class="para1" eId="section-220-3-d"><num>(d)</num><intro><p>in <ref eId="c00362" href="https://www.legislation.gov.uk/ukpga/2004/12/section/66">subsection (7)</ref>—</p></intro><level class="para2" eId="section-220-3-d-i"><num>(i)</num><content><p><mod>after “subsection (3)” insert <quotedText>“or subsection <ref href="#d28e35586">(3A)</ref>”</quotedText>;</mod></p></content></level><level class="para2" eId="section-220-3-d-ii"><num>(ii)</num><content><p><mod>for the words from “the person may” to the end substitute—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><level class="para1"><num>(a)</num><content><p>the person may, if the Commissioners think fit, be registered for payment under deduction, and</p></content></level><level class="para1"><num>(b)</num><content><p>the person may not, within the period of five years beginning with the day on which the cancellation takes effect (see subsection (4)), apply for registration for gross payment.</p></content></level></quotedStructure><inline name="appendText">;</inline></mod></p></content></level></level><level class="para1" eId="section-220-3-e"><num>(e)</num><content><p>omit <ref eId="c00363" href="https://www.legislation.gov.uk/ukpga/2004/12/section/66">subsection (8)</ref>.</p></content></level></subsection><subsection eId="section-220-4"><num>(4)</num><content><p><mod>In <ref eId="c00364" href="https://www.legislation.gov.uk/ukpga/2004/12/section/72">section 72</ref>, in the heading, at the end insert <quotedText>“: false statements and documentation”</quotedText>.</mod></p></content></subsection><subsection eId="section-220-5"><num>(5)</num><content><p><mod>After <ref eId="c00365" href="https://www.legislation.gov.uk/ukpga/2004/12/section/72">section 72</ref> insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><section eId="d28e35752"><num>72A</num><heading>Penalties: deliberate failures to comply</heading><subsection eId="d28e35756"><num>(1)</num><content><p>A person is liable to a penalty not exceeding 30% of any amount that they are determined to be liable to pay under section <ref href="#d28e35426">62A</ref> (payments made in the knowledge of deliberate failures to comply) or <ref href="#d28e35506">62B</ref> (returns made in the knowledge of deliberate failures to comply).</p></content></subsection><subsection eId="d28e35768"><num>(2)</num><content><p>A penalty under this section may not be determined more than three years after the date on which the determination under section <ref href="#d28e35426">62A</ref> or <ref href="#d28e35506">62B</ref> becomes final.</p></content></subsection><subsection><num>(3)</num><content><p>For the purposes of subsection <ref href="#d28e35768">(2)</ref> and section <ref href="#d28e35806">72B</ref><ref href="#d28e35851">(3)</ref>, a determination becomes final at the time when the period for any appeal or further appeal relating to the determination expires or, if later, when any appeal or final appeal relating to the penalty is finally determined.</p></content></subsection><subsection><num>(4)</num><content><p>Section 103(4) TMA 1970 (time limits) does not apply to a penalty under this section.</p></content></subsection></section><section eId="d28e35806"><num>72B</num><heading>Penalties under section <ref href="#d28e35752">72A</ref>: officers’ liability</heading><subsection><num>(1)</num><intro><p>Where—</p></intro><level class="para1"><num>(a)</num><content><p>a company is liable to a penalty under section <ref href="#d28e35752">72A</ref>, and</p></content></level><level class="para1"><num>(b)</num><content><p>the actions of the company which give rise to that liability were attributable to an officer of the company,</p></content></level><wrapUp><p>the officer is liable to pay such portion of the penalty (which may be equal to or less than 100%) as the Commissioners may specify in a notice given to the officer (a “decision notice”).</p></wrapUp></subsection><subsection><num>(2)</num><intro><p>Before giving the officer a decision notice, the Commissioners must—</p></intro><level class="para1"><num>(a)</num><content><p>inform the officer that they are considering doing so, and</p></content></level><level class="para1"><num>(b)</num><content><p>afford the officer the opportunity to make representations about whether a decision notice should be given or the portion that should be specified.</p></content></level></subsection><subsection eId="d28e35851"><num>(3)</num><intro><p>A decision notice—</p></intro><level class="para1"><num>(a)</num><content><p>may not be given before the amount of the penalty due from the company has been determined (but it may be given immediately after that has happened), and</p></content></level><level class="para1"><num>(b)</num><content><p>may not be given more than three years after the date on which the determination mentioned in section <ref href="#d28e35752">72A</ref><ref href="#d28e35756">(1)</ref> becomes final.</p></content></level></subsection><subsection><num>(4)</num><intro><p>Where the Commissioners have specified a portion of the penalty in a decision notice given to the officer—</p></intro><level class="para1"><num>(a)</num><content><p>the officer must pay the specified portion before the end of the period of 30 days beginning with the day on which the notice is given,</p></content></level><level class="para1"><num>(b)</num><content><p>the specified portion shall be recoverable as if it were tax due from the officer, and</p></content></level><level class="para1"><num>(c)</num><content><p>a further decision notice may be given in respect of a portion of any additional penalty for which the company is determined to be liable.</p></content></level></subsection><subsection><num>(5)</num><content><p>The Commissioners may not recover more than 100% of the penalty through issuing decision notices in relation to two or more persons.</p></content></subsection><subsection><num>(6)</num><content><p>A person is not liable to pay an amount by virtue of this section if the actions of the company concerned are attributable to the person by reference to conduct for which the person has been convicted of an offence.</p><p>In this subsection “<term refersTo="#term-conduct">conduct</term>” includes omissions.</p></content></subsection><subsection><num>(7)</num><intro><p>In this section and section <ref href="#d28e35989">72C</ref>—</p></intro><hcontainer name="definition"><content><p>“<term refersTo="#term-company">company</term>” means a body corporate or unincorporated association;</p></content></hcontainer><hcontainer name="definition"><intro><p>“<term refersTo="#term-officer">officer</term>” means—</p></intro><level class="para1"><num>(a)</num><content><p>in relation to a body corporate other than one whose affairs are managed by its members—</p><blockList class="ordered roman parens" ukl:Name="OrderedList" ukl:Type="roman" ukl:Decoration="parens"><item><num>(i)</num><p>a director, manager, secretary or other similar officer of the body, or a person purporting to act in such a capacity, or</p></item><item><num>(ii)</num><p>a shadow director within the meaning of <ref eId="c00366" href="https://www.legislation.gov.uk/ukpga/2006/46/section/251">section 251</ref> of the <ref eId="c00367" href="https://www.legislation.gov.uk/ukpga/2006/46/contents">Companies Act 2006</ref>;</p></item></blockList></content></level><level class="para1"><num>(b)</num><content><p>in relation to a limited liability partnership or other body corporate whose affairs are managed by its members—</p><blockList class="ordered roman parens" ukl:Name="OrderedList" ukl:Type="roman" ukl:Decoration="parens"><item><num>(i)</num><p>a member who exercises management functions with respect to it, or purports to do so, or</p></item><item><num>(ii)</num><p>in the case of a limited liability partnership, a shadow member;</p></item></blockList></content></level><level class="para1"><num>(c)</num><content><p>in relation to an unincorporated association, a person who exercises functions of management with respect to it, or purports to do so;</p></content></level></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-shadow-member">shadow member</term>” means a person in accordance with whose directions or instructions the members of a limited liability partnership are accustomed to act, save that a person is not a shadow member by reason only of the fact that the members act on advice given by that person in a professional capacity.</p></content></hcontainer></subsection></section><section eId="d28e35989"><num>72C</num><heading>Appeals in relation to a decision notice under section <ref href="#d28e35806">72B</ref></heading><subsection><num>(1)</num><intro><p>An officer may appeal—</p></intro><level class="para1"><num>(a)</num><content><p>the decision to give a decision notice under section <ref href="#d28e35806">72B</ref>, including on the grounds that the company is not liable to the penalty under section <ref href="#d28e35752">72A</ref> to which the decision notice relates;</p></content></level><level class="para1"><num>(b)</num><content><p>the amount of the specified portion.</p></content></level></subsection><subsection><num>(2)</num><intro><p>Notice of an appeal must—</p></intro><level class="para1"><num>(a)</num><content><p>state the ground of appeal, and</p></content></level><level class="para1"><num>(b)</num><content><p>be given in writing to HMRC before the end of the period of 30 days beginning with the day on which the decision notice was given to the officer.</p></content></level></subsection><subsection><num>(3)</num><content><p>The provisions of Part 5 of TMA 1970 relating to appeals have effect in relation to appeals under this section as they have effect in relation to an appeal against an assessment to income tax.</p></content></subsection></section></quotedStructure></mod></p></content></subsection><subsection eId="section-220-6"><num>(6)</num><content><p><mod>In section 75, at the end insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><subsection><num>(4)</num><content><p>In this Chapter “<term refersTo="#term-the-commissioners">the Commissioners</term>” means the Commissioners for His Majesty’s Revenue and Customs.</p></content></subsection></quotedStructure><inline name="appendText">.</inline></mod></p></content></subsection></section><section eId="section-221"><num>221</num><heading>Construction industry scheme regulations: amendments</heading><subsection eId="section-221-1"><num>(1)</num><content><p>The <ref eId="c00368" href="https://www.legislation.gov.uk/uksi/2005/2045/contents">Income Tax (Construction Industry Scheme) Regulations 2005</ref> (<ref eId="c00369" href="http://www.legislation.gov.uk/id/uksi/2005/2045">S.I. 2005/2045</ref>) are amended as follows.</p></content></subsection><subsection eId="section-221-2"><num>(2)</num><content><p><mod>After <ref eId="c00370" href="https://www.legislation.gov.uk/uksi/2005/2045/regulation/13">regulation 13</ref> insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="uksi" ukl:TargetClass="secondary" ukl:TargetSubClass="regulation" ukl:Context="main" ukl:Format="double"><hcontainer name="regulation"><heading>Determination of amounts payable as a result of things done in the knowledge of deliberate failures to comply and appeal against determination</heading><num>13A.</num><paragraph><num>(1)</num><content><p>This regulation applies if a determination is made under section <ref href="#d28e35426">62A</ref><ref href="#d28e35466">(2)</ref> (payments made in the knowledge of deliberate failures to comply) or <ref href="#d28e35506">62B</ref><ref href="#d28e35540">(2)</ref> (returns made in the knowledge of deliberate failures to comply) of the Act.</p></content></paragraph><paragraph><num>(2)</num><content><p>An officer of Revenue and Customs must serve notice of the determination on the person to whom it relates.</p></content></paragraph><paragraph><num>(3)</num><content><p>The determination may cover one or more amounts the person is liable to pay under section <ref href="#d28e35426">62A</ref><ref href="#d28e35466">(2)</ref> or <ref href="#d28e35506">62B</ref><ref href="#d28e35540">(2)</ref> of the Act.</p></content></paragraph><paragraph><num>(4)</num><intro><p>The determination is subject to Parts 4, 5, 5A and 6 of TMA (assessment, appeals, collection and recovery) as if—</p></intro><level class="para1"><num>(a)</num><content><p>the determination were an assessment, and</p></content></level><level class="para1"><num>(b)</num><content><p>the amount determined were income tax charged on the person,</p></content></level><wrapUp><p>and those Parts of that Act apply accordingly with any necessary modifications, except that the amount determined is due and payable 14 days after the determination is made.</p></wrapUp></paragraph></hcontainer></quotedStructure></mod></p></content></subsection><subsection eId="section-221-3"><num>(3)</num><intro><p>In <ref eId="c00371" href="https://www.legislation.gov.uk/uksi/2005/2045/regulation/16">regulation 16</ref>—</p></intro><level class="para1" eId="section-221-3-a"><num>(a)</num><intro><p>in <ref eId="c00372" href="https://www.legislation.gov.uk/uksi/2005/2045/regulation/16">paragraph (1)</ref>—</p></intro><level class="para2" eId="section-221-3-a-i"><num>(i)</num><content><p>the words from “a contractor” to the end become <ref href="#section-221-3-a">paragraph (a)</ref>;</p></content></level><level class="para2" eId="section-221-3-a-ii"><num>(ii)</num><content><p><mod>after <ref eId="c00373" href="https://www.legislation.gov.uk/uksi/2005/2045/regulation/16">that paragraph</ref> insert <quotedText startQuote="“">, or</quotedText><quotedStructure endQuote="”" uk:context="body" uk:docName="uksi" ukl:TargetClass="secondary" ukl:TargetSubClass="regulation" ukl:Context="main" ukl:Format="default"><level class="para1"><num>(b)</num><content><p>a person is liable to pay under regulation 13A(2).</p></content></level></quotedStructure><inline name="appendText">;</inline></mod></p></content></level></level><level class="para1" eId="section-221-3-b"><num>(b)</num><content><p><mod>in <ref eId="c00374" href="https://www.legislation.gov.uk/uksi/2005/2045/regulation/16">paragraph (3)</ref>, in Table 1, in the first row, for “and 13(2)” substitute <quotedText>“, 13(2) and 13A(2)”</quotedText>.</mod></p></content></level></subsection></section><section eId="section-222"><num>222</num><heading>Commencement</heading><subsection eId="section-222-1"><num>(1)</num><content><p>Subject to subsection <ref href="#section-222-2">(2)</ref>, the amendments made by sections <ref href="#section-220">220</ref> and <ref href="#section-221">221</ref> have effect from 6 April 2026.</p></content></subsection><subsection eId="section-222-2"><num>(2)</num><content><p>The amendments made by section <ref href="#section-220">220</ref><ref href="#section-220-3">(3)</ref><ref href="#section-220-3-d">(d)</ref><ref href="#section-220-3-d-ii">(ii)</ref> and <ref href="#section-220">220</ref><ref href="#section-220-3">(3)</ref><ref href="#section-220-3-e">(e)</ref>have effect in relation to a determination under section 66(3) of FA 2004 if the determination is made by reference to behaviour occurring on or after 6 April 2026.</p></content></subsection></section></hcontainer></chapter>
<hcontainer xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" name="crossheading" ukl:Name="Pblock" eId="part-6-chapter-4-crossheading-legal-professionals"><heading>Legal professionals</heading><section eId="section-209"><num>209</num><heading>Declaration in relation to privileged material</heading><subsection eId="section-209-1"><num>(1)</num><intro><p>Subsection <ref href="#section-209-2">(2)</ref> applies where—</p></intro><level class="para1" eId="section-209-1-a"><num>(a)</num><content><p>HMRC have notified a lawyer that they intend to publish, or are considering publishing, information identifying the lawyer under a provision listed in <ref href="#section-209-5">subsection (5)</ref>, and</p></content></level><level class="para1" eId="section-209-1-b"><num>(b)</num><intro><p>the lawyer—</p></intro><level class="para2" eId="section-209-1-b-i"><num>(i)</num><content><p>intends to make representations to the effect that the information should not be published, but</p></content></level><level class="para2" eId="section-209-1-b-ii"><num>(ii)</num><content><p>will not be able to substantiate some or all of those representations without disclosing the content of privileged communications.</p></content></level></level></subsection><subsection eId="section-209-2"><num>(2)</num><intro><p>A lawyer (whether or not the lawyer intending to make the representations) may make a declaration to the effect that—</p></intro><level class="para1" eId="section-209-2-a"><num>(a)</num><content><p>the representations are true, and</p></content></level><level class="para1" eId="section-209-2-b"><num>(b)</num><content><p>the content of privileged communications would be sufficient (whether alone or with other information) to demonstrate this on the balance of probabilities.</p></content></level></subsection><subsection eId="section-209-3"><num>(3)</num><content><p>When considering whether the information referred to in <ref href="#section-209-1">subsection (1)</ref><ref href="#section-209-1-a">(a)</ref> may be published, HMRC and, in the context of proceedings, a court or tribunal must treat a declaration made under <ref href="#section-209-2">subsection (2)</ref> and provided under a provision listed in <ref href="#section-209-5">subsection (5)</ref> as conclusive evidence of the information included in the declaration.</p></content></subsection><subsection eId="section-209-4"><num>(4)</num><content><p>But <ref href="#section-209-3">subsection (3)</ref> does not apply if HMRC, or the court or tribunal, is satisfied that the declaration includes any information that is incorrect.</p></content></subsection><subsection eId="section-209-5"><num>(5)</num><intro><p>The provisions are—</p></intro><level class="para1" eId="section-209-5-a"><num>(a)</num><content><p><ref eId="c00265" href="https://www.legislation.gov.uk/ukpga/2004/12/section/316C">section 316C</ref> of <ref eId="c00266" href="https://www.legislation.gov.uk/ukpga/2004/12/contents">FA 2004</ref> (disclosure of tax avoidance schemes);</p></content></level><level class="para1" eId="section-209-5-b"><num>(b)</num><content><p><ref eId="c00267" href="https://www.legislation.gov.uk/ukpga/2017/32/schedule/17/paragraph/36">paragraph 36</ref> of <ref eId="c00268" href="https://www.legislation.gov.uk/ukpga/2017/32/schedule/17">Schedule 17</ref> to <ref eId="c00269" href="https://www.legislation.gov.uk/ukpga/2017/32/contents">F(No.2)A 2017</ref> (disclosure of tax avoidance schemes: VAT and other indirect taxes);</p></content></level><level class="para1" eId="section-209-5-c"><num>(c)</num><content><p><ref eId="c00270" href="https://www.legislation.gov.uk/ukpga/2022/3/section/86">section 86</ref> of <ref eId="c00271" href="https://www.legislation.gov.uk/ukpga/2022/3/contents">FA 2022</ref> (publication of information about tax avoidance schemes).</p></content></level></subsection><subsection eId="section-209-6"><num>(6)</num><intro><p>For the purposes of this section—</p></intro><level class="para1" eId="section-209-6-a"><num>(a)</num><content><p>references to a lawyer are references to a person in respect of whose communications a claim to legal professional privilege, or (in Scotland) to confidentiality of proceedings as between client and professional legal adviser, could be maintained in legal proceedings, and</p></content></level><level class="para1" eId="section-209-6-b"><num>(b)</num><content><p>a communication is “privileged” if such a claim could be maintained in respect of it.</p></content></level></subsection><subsection eId="section-209-7"><num>(7)</num><intro><p>In this section—</p></intro><hcontainer name="definition"><intro><p>“<term refersTo="#term-hmrc" eId="term-hmrc">HMRC</term>” means—</p></intro><level class="para1"><num>(a)</num><content><p>where the provision referred to in subsection <ref href="#section-209-1">(1)</ref><ref href="#section-209-1-a">(a)</ref> is <ref eId="c00272" href="https://www.legislation.gov.uk/ukpga/2004/12/section/316C">section 316C</ref> of <ref eId="c00273" href="https://www.legislation.gov.uk/ukpga/2004/12/contents">FA 2004</ref>, HMRC as defined for the purposes of that section;</p></content></level><level class="para1"><num>(b)</num><content><p>where the provision referred to in subsection <ref href="#section-209-1">(1)</ref><ref href="#section-209-1-a">(a)</ref> is <ref eId="c00274" href="https://www.legislation.gov.uk/ukpga/2017/32/schedule/17/paragraph/36">paragraph 36</ref> of <ref eId="c00275" href="https://www.legislation.gov.uk/ukpga/2017/32/schedule/17">Schedule 17</ref> to <ref eId="c00276" href="https://www.legislation.gov.uk/ukpga/2017/32/contents">F(No.2)A 2017</ref>, HMRC as defined for the purposes of that paragraph;</p></content></level><level class="para1"><num>(c)</num><content><p>where the provision referred to in subsection <ref href="#section-209-1">(1)</ref><ref href="#section-209-1-a">(a)</ref> is <ref eId="c00277" href="https://www.legislation.gov.uk/ukpga/2022/3/section/86">section 86</ref> of <ref eId="c00278" href="https://www.legislation.gov.uk/ukpga/2022/3/contents">FA 2022</ref>—</p><blockList class="ordered roman parens" ukl:Name="OrderedList" ukl:Type="roman" ukl:Decoration="parens"><item><num>(i)</num><p>in subsection <ref href="#section-209-1">(1)</ref><ref href="#section-209-1-a">(a)</ref>, an officer of Revenue and Customs;</p></item><item><num>(ii)</num><p>in subsections <ref href="#section-209-3">(3)</ref> and <ref href="#section-209-4">(4)</ref>, an authorised officer as defined for the purposes of that section;</p></item></blockList></content></level></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-tribunal" eId="term-tribunal">tribunal</term>” means the First-tier Tribunal or, where determined by or under Tribunal Procedure Rules, the Upper Tribunal.</p></content></hcontainer></subsection><subsection eId="section-209-8"><num>(8)</num><intro><p>The Commissioners for His Majesty’s Revenue and Customs may by regulations make provision about—</p></intro><level class="para1" eId="section-209-8-a"><num>(a)</num><content><p>the form of a declaration made under <ref href="#section-209-2">subsection (2)</ref>,</p></content></level><level class="para1" eId="section-209-8-b"><num>(b)</num><content><p>the information to be included in a declaration,</p></content></level><level class="para1" eId="section-209-8-c"><num>(c)</num><content><p>when and how a declaration is to be provided.</p></content></level></subsection><subsection eId="section-209-9"><num>(9)</num><intro><p>Regulations under this section—</p></intro><level class="para1" eId="section-209-9-a"><num>(a)</num><content><p>are to be made by statutory instrument, and</p></content></level><level class="para1" eId="section-209-9-b"><num>(b)</num><content><p>may make different provision for different purposes.</p></content></level></subsection><subsection eId="section-209-10"><num>(10)</num><content><p>A statutory instrument containing regulations made under this section is subject to annulment in pursuance of a resolution of the House of Commons.</p></content></subsection></section><section eId="section-210"><num>210</num><heading>Penalties for an incorrect declaration</heading><subsection eId="section-210-1"><num>(1)</num><content><p>A person who makes a declaration under section <ref href="#section-209">209</ref><ref href="#section-209-2">(2)</ref> and carelessly or deliberately includes any incorrect information in the declaration is liable to a penalty not exceeding £10,000.</p></content></subsection><subsection eId="section-210-2"><num>(2)</num><intro><p>Where—</p></intro><level class="para1" eId="section-210-2-a"><num>(a)</num><content><p>a person (“<term refersTo="#term-a" eId="term-a">A</term>”) provides a declaration under a provision listed in section <ref href="#section-209">209</ref><ref href="#section-209-5">(5)</ref> which is made under section <ref href="#section-209">209</ref><ref href="#section-209-2">(2)</ref> by another person,</p></content></level><level class="para1" eId="section-210-2-b"><num>(b)</num><content><p>the declaration includes incorrect information, and</p></content></level><level class="para1" eId="section-210-2-c"><num>(c)</num><content><p>A knew, or could reasonably have been expected to have known, that the information was incorrect,</p></content></level><wrapUp><p>A is liable to a penalty not exceeding £10,000.</p></wrapUp></subsection><subsection eId="section-210-3"><num>(3)</num><content><p>For the purposes of subsection <ref href="#section-210-1">(1)</ref>, incorrect information is included in a declaration carelessly if the person who makes the declaration has failed to take reasonable care to verify the information before including it.</p></content></subsection></section><section eId="section-211"><num>211</num><heading>Penalties: procedure, appeals etc</heading><subsection eId="section-211-1"><num>(1)</num><content><p>Subject to subsection <ref href="#section-211-2">(2)</ref>, a penalty under section <ref href="#section-210">210</ref> is to be treated as a penalty imposed under the Taxes Acts and, accordingly, is a penalty to be determined and imposed by an authorised officer under section 100(1) of TMA 1970.</p></content></subsection><subsection eId="section-211-2"><num>(2)</num><content><p>A penalty under section <ref href="#section-210">210</ref> is not required to be paid before the penalty becomes final.</p></content></subsection><subsection eId="section-211-3"><num>(3)</num><content><p><mod>For the purposes of subsection <ref href="#section-211-2">(2)</ref> and sections <ref href="#section-212">212</ref> and <ref href="#section-213">213</ref> a penalty becomes <quotedText>“final”</quotedText> at the time when the period for any appeal or further appeal relating to the penalty expires or, if later, when any appeal or final appeal relating to the penalty is finally determined.</mod></p></content></subsection></section><section eId="section-212"><num>212</num><heading>Publication following an incorrect declaration</heading><subsection eId="section-212-1"><num>(1)</num><intro><p>An authorised officer may publish information about a person where—</p></intro><level class="para1" eId="section-212-1-a"><num>(a)</num><content><p>the person has incurred a penalty under section <ref href="#section-210">210</ref> in relation to a declaration, and</p></content></level><level class="para1" eId="section-212-1-b"><num>(b)</num><content><p>the penalty has become final.</p></content></level></subsection><subsection eId="section-212-2"><num>(2)</num><intro><p>The information that may be published under this section is—</p></intro><level class="para1" eId="section-212-2-a"><num>(a)</num><content><p>the person’s name (including any trading name, previous name or pseudonym);</p></content></level><level class="para1" eId="section-212-2-b"><num>(b)</num><content><p>any address used by the person;</p></content></level><level class="para1" eId="section-212-2-c"><num>(c)</num><content><p>any other information that the authorised officer considers appropriate for the purposes of identifying the person or their business;</p></content></level><level class="para1" eId="section-212-2-d"><num>(d)</num><content><p>details of the arrangements to which the declaration relates including the nature of the person’s involvement in those arrangements;</p></content></level><level class="para1" eId="section-212-2-e"><num>(e)</num><content><p>details of the penalty imposed on the person under section <ref href="#section-210">210</ref>.</p></content></level></subsection><subsection eId="section-212-3"><num>(3)</num><content><p>The information may be published in any way that the authorised officer considers appropriate.</p></content></subsection><subsection eId="section-212-4"><num>(4)</num><intro><p>Before publishing information under this section, the authorised officer must—</p></intro><level class="para1" eId="section-212-4-a"><num>(a)</num><content><p>notify the person that they are considering doing so,</p></content></level><level class="para1" eId="section-212-4-b"><num>(b)</num><content><p>give the person 30 days from that notification in which to make representations about whether it should be published, and</p></content></level><level class="para1" eId="section-212-4-c"><num>(c)</num><content><p>have regard to any representations received.</p></content></level></subsection><subsection eId="section-212-5"><num>(5)</num><intro><p>In this section—</p></intro><hcontainer name="definition"><intro><p>“<term refersTo="#term-arrangements" eId="term-arrangements">arrangements</term>” means—</p></intro><level class="para1"><num>(a)</num><content><p>in relation to a declaration provided under section 316C(6)(b)(ii) of FA 2004, arrangements or proposed arrangements, with those terms having the same meaning as in that section;</p></content></level><level class="para1"><num>(b)</num><content><p>in relation to a declaration provided under <ref eId="c00279" href="https://www.legislation.gov.uk/ukpga/2017/32/schedule/17/paragraph/36">paragraph 36</ref>(6)(b)(ii) of <ref eId="c00280" href="https://www.legislation.gov.uk/ukpga/2017/32/schedule/17">Schedule 17</ref> to <ref eId="c00281" href="https://www.legislation.gov.uk/ukpga/2017/32/contents">F(No.2)A 2017</ref>, arrangements or proposed arrangements, with those terms having the same meaning as in that paragraph;</p></content></level><level class="para1"><num>(c)</num><content><p>in relation to a declaration provided under section 86(5)(b)(ii) of FA 2022, a proposal or arrangements, with those terms having the same meaning as in that section;</p></content></level></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-authorised-officer" eId="term-authorised-officer">authorised officer</term>” means an officer of Revenue and Customs authorised for the purposes of this section.</p></content></hcontainer></subsection></section><section eId="section-213"><num>213</num><heading>Time limits for publication</heading><subsection eId="section-213-1"><num>(1)</num><content><p>Publication of any information under section <ref href="#section-212">212</ref> on the basis of a penalty incurred by a person may not take place after the end of the period of 12 months beginning with the date on which the penalty became final.</p></content></subsection><subsection eId="section-213-2"><num>(2)</num><content><p>Subsection <ref href="#section-213-1">(1)</ref> is not to be taken to prevent the re-publication, or continued publication, after the end of the period referred to in that subsection, of information published under section <ref href="#section-212">212</ref> before the end of the period.</p></content></subsection></section><section eId="section-214"><num>214</num><heading>Amendments to existing legislation: removal of privilege exemption</heading><subsection eId="section-214-1"><num>(1)</num><intro><p>In <ref eId="c00282" href="https://www.legislation.gov.uk/ukpga/2004/12/section/316C">section 316C</ref> of <ref eId="c00283" href="https://www.legislation.gov.uk/ukpga/2004/12/contents">FA 2004</ref> (disclosure of tax avoidance schemes)—</p></intro><level class="para1" eId="section-214-1-a"><num>(a)</num><content><p>omit <ref eId="c00284" href="https://www.legislation.gov.uk/ukpga/2004/12/section/316C">subsection (4A)</ref>;</p></content></level><level class="para1" eId="section-214-1-b"><num>(b)</num><intro><p>in <ref eId="c00285" href="https://www.legislation.gov.uk/ukpga/2004/12/section/316C">subsection (6)</ref><ref eId="c00286" href="https://www.legislation.gov.uk/ukpga/2004/12/section/316C">(b)</ref>—</p></intro><level class="para2" eId="section-214-1-b-i"><num>(i)</num><content><p>the words from “make representations” to the end become sub-paragraph (i);</p></content></level><level class="para2" eId="section-214-1-b-ii"><num>(ii)</num><content><p><mod>after that sub-paragraph insert <quotedText startQuote="“">, and</quotedText><quotedStructure endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="default"><level class="para2"><num>(ii)</num><content><p>where section <ref href="#section-209">209</ref><ref href="#section-209-2">(2)</ref> of FA 2026 applies, provide a declaration made under that subsection substantiating those representations.</p></content></level></quotedStructure><inline name="appendText">.</inline></mod></p></content></level></level></subsection><subsection eId="section-214-2"><num>(2)</num><intro><p>In <ref eId="c00287" href="https://www.legislation.gov.uk/ukpga/2017/32/schedule/17/paragraph/36">paragraph 36</ref> of <ref eId="c00288" href="https://www.legislation.gov.uk/ukpga/2017/32/schedule/17">Schedule 17</ref> to <ref eId="c00289" href="https://www.legislation.gov.uk/ukpga/2017/32/contents">F(No.2)A 2017</ref> (disclosure of tax avoidance schemes: VAT and other indirect taxes)—</p></intro><level class="para1" eId="section-214-2-a"><num>(a)</num><content><p>omit <ref eId="c00290" href="https://www.legislation.gov.uk/ukpga/2017/32/schedule/17/paragraph/36">sub-paragraph (4A)</ref>;</p></content></level><level class="para1" eId="section-214-2-b"><num>(b)</num><intro><p>in <ref eId="c00291" href="https://www.legislation.gov.uk/ukpga/2017/32/schedule/17/paragraph/36">sub-paragraph (6)</ref><ref eId="c00292" href="https://www.legislation.gov.uk/ukpga/2017/32/schedule/17/paragraph/36">(b)</ref>—</p></intro><level class="para2" eId="section-214-2-b-i"><num>(i)</num><content><p>the words from “make representations” to the end become sub-paragraph (i);</p></content></level><level class="para2" eId="section-214-2-b-ii"><num>(ii)</num><content><p><mod>after that sub-paragraph insert <quotedText startQuote="“">, and</quotedText><quotedStructure endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="default"><level class="para2"><num>(ii)</num><content><p>where section <ref href="#section-209">209</ref><ref href="#section-209-2">(2)</ref> of FA 2026 applies, provide a declaration made under that subsection substantiating those representations.</p></content></level></quotedStructure><inline name="appendText">.</inline></mod></p></content></level></level></subsection><subsection eId="section-214-3"><num>(3)</num><intro><p>In <ref eId="c00293" href="https://www.legislation.gov.uk/ukpga/2022/3/section/86">section 86</ref> of <ref eId="c00294" href="https://www.legislation.gov.uk/ukpga/2022/3/contents">FA 2022</ref> (publication of information about tax avoidance schemes)—</p></intro><level class="para1" eId="section-214-3-a"><num>(a)</num><content><p>omit <ref eId="c00295" href="https://www.legislation.gov.uk/ukpga/2022/3/section/86">subsection (3)</ref><ref eId="c00296" href="https://www.legislation.gov.uk/ukpga/2022/3/section/86">(b)</ref> (and the “or” before it);</p></content></level><level class="para1" eId="section-214-3-b"><num>(b)</num><intro><p>in <ref eId="c00297" href="https://www.legislation.gov.uk/ukpga/2022/3/section/86">subsection (5)</ref><ref eId="c00298" href="https://www.legislation.gov.uk/ukpga/2022/3/section/86">(b)</ref>—</p></intro><level class="para2" eId="section-214-3-b-i"><num>(i)</num><content><p>the words from “make representations” to the end become sub-paragraph (i);</p></content></level><level class="para2" eId="section-214-3-b-ii"><num>(ii)</num><content><p><mod>after that sub-paragraph insert <quotedText startQuote="“">, and</quotedText><quotedStructure endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="default"><level class="para2"><num>(ii)</num><content><p>where section <ref href="#section-209">209</ref><ref href="#section-209-2">(2)</ref> of FA 2026 applies, provide a declaration made under that subsection substantiating those representations.</p></content></level></quotedStructure><inline name="appendText">;</inline></mod></p></content></level></level><level class="para1" eId="section-214-3-c"><num>(c)</num><content><p><mod>in <ref eId="c00299" href="https://www.legislation.gov.uk/ukpga/2022/3/section/86">subsection (6)</ref>, after “representations” insert <quotedText>“and any declaration”</quotedText>.</mod></p></content></level></subsection></section><section eId="section-215"><num>215</num><heading>Commencement</heading><subsection eId="section-215-1"><num>(1)</num><content><p>Subject to subsection <ref href="#section-215-2">(2)</ref>, sections <ref href="#section-209">209</ref> to <ref href="#section-214">214</ref> have effect from the day on which this Act is passed.</p></content></subsection><subsection eId="section-215-2"><num>(2)</num><content><p>The amendments made by section <ref href="#section-214">214</ref> have effect only in relation to conduct occurring on or after the day on which this Act is passed.</p></content></subsection></section></hcontainer>
<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="section-209"><num>209</num><heading>Declaration in relation to privileged material</heading><subsection eId="section-209-1"><num>(1)</num><intro><p>Subsection <ref href="#section-209-2">(2)</ref> applies where—</p></intro><level class="para1" eId="section-209-1-a"><num>(a)</num><content><p>HMRC have notified a lawyer that they intend to publish, or are considering publishing, information identifying the lawyer under a provision listed in <ref href="#section-209-5">subsection (5)</ref>, and</p></content></level><level class="para1" eId="section-209-1-b"><num>(b)</num><intro><p>the lawyer—</p></intro><level class="para2" eId="section-209-1-b-i"><num>(i)</num><content><p>intends to make representations to the effect that the information should not be published, but</p></content></level><level class="para2" eId="section-209-1-b-ii"><num>(ii)</num><content><p>will not be able to substantiate some or all of those representations without disclosing the content of privileged communications.</p></content></level></level></subsection><subsection eId="section-209-2"><num>(2)</num><intro><p>A lawyer (whether or not the lawyer intending to make the representations) may make a declaration to the effect that—</p></intro><level class="para1" eId="section-209-2-a"><num>(a)</num><content><p>the representations are true, and</p></content></level><level class="para1" eId="section-209-2-b"><num>(b)</num><content><p>the content of privileged communications would be sufficient (whether alone or with other information) to demonstrate this on the balance of probabilities.</p></content></level></subsection><subsection eId="section-209-3"><num>(3)</num><content><p>When considering whether the information referred to in <ref href="#section-209-1">subsection (1)</ref><ref href="#section-209-1-a">(a)</ref> may be published, HMRC and, in the context of proceedings, a court or tribunal must treat a declaration made under <ref href="#section-209-2">subsection (2)</ref> and provided under a provision listed in <ref href="#section-209-5">subsection (5)</ref> as conclusive evidence of the information included in the declaration.</p></content></subsection><subsection eId="section-209-4"><num>(4)</num><content><p>But <ref href="#section-209-3">subsection (3)</ref> does not apply if HMRC, or the court or tribunal, is satisfied that the declaration includes any information that is incorrect.</p></content></subsection><subsection eId="section-209-5"><num>(5)</num><intro><p>The provisions are—</p></intro><level class="para1" eId="section-209-5-a"><num>(a)</num><content><p><ref eId="c00265" href="https://www.legislation.gov.uk/ukpga/2004/12/section/316C">section 316C</ref> of <ref eId="c00266" href="https://www.legislation.gov.uk/ukpga/2004/12/contents">FA 2004</ref> (disclosure of tax avoidance schemes);</p></content></level><level class="para1" eId="section-209-5-b"><num>(b)</num><content><p><ref eId="c00267" href="https://www.legislation.gov.uk/ukpga/2017/32/schedule/17/paragraph/36">paragraph 36</ref> of <ref eId="c00268" href="https://www.legislation.gov.uk/ukpga/2017/32/schedule/17">Schedule 17</ref> to <ref eId="c00269" href="https://www.legislation.gov.uk/ukpga/2017/32/contents">F(No.2)A 2017</ref> (disclosure of tax avoidance schemes: VAT and other indirect taxes);</p></content></level><level class="para1" eId="section-209-5-c"><num>(c)</num><content><p><ref eId="c00270" href="https://www.legislation.gov.uk/ukpga/2022/3/section/86">section 86</ref> of <ref eId="c00271" href="https://www.legislation.gov.uk/ukpga/2022/3/contents">FA 2022</ref> (publication of information about tax avoidance schemes).</p></content></level></subsection><subsection eId="section-209-6"><num>(6)</num><intro><p>For the purposes of this section—</p></intro><level class="para1" eId="section-209-6-a"><num>(a)</num><content><p>references to a lawyer are references to a person in respect of whose communications a claim to legal professional privilege, or (in Scotland) to confidentiality of proceedings as between client and professional legal adviser, could be maintained in legal proceedings, and</p></content></level><level class="para1" eId="section-209-6-b"><num>(b)</num><content><p>a communication is “privileged” if such a claim could be maintained in respect of it.</p></content></level></subsection><subsection eId="section-209-7"><num>(7)</num><intro><p>In this section—</p></intro><hcontainer name="definition"><intro><p>“<term refersTo="#term-hmrc" eId="term-hmrc">HMRC</term>” means—</p></intro><level class="para1"><num>(a)</num><content><p>where the provision referred to in subsection <ref href="#section-209-1">(1)</ref><ref href="#section-209-1-a">(a)</ref> is <ref eId="c00272" href="https://www.legislation.gov.uk/ukpga/2004/12/section/316C">section 316C</ref> of <ref eId="c00273" href="https://www.legislation.gov.uk/ukpga/2004/12/contents">FA 2004</ref>, HMRC as defined for the purposes of that section;</p></content></level><level class="para1"><num>(b)</num><content><p>where the provision referred to in subsection <ref href="#section-209-1">(1)</ref><ref href="#section-209-1-a">(a)</ref> is <ref eId="c00274" href="https://www.legislation.gov.uk/ukpga/2017/32/schedule/17/paragraph/36">paragraph 36</ref> of <ref eId="c00275" href="https://www.legislation.gov.uk/ukpga/2017/32/schedule/17">Schedule 17</ref> to <ref eId="c00276" href="https://www.legislation.gov.uk/ukpga/2017/32/contents">F(No.2)A 2017</ref>, HMRC as defined for the purposes of that paragraph;</p></content></level><level class="para1"><num>(c)</num><content><p>where the provision referred to in subsection <ref href="#section-209-1">(1)</ref><ref href="#section-209-1-a">(a)</ref> is <ref eId="c00277" href="https://www.legislation.gov.uk/ukpga/2022/3/section/86">section 86</ref> of <ref eId="c00278" href="https://www.legislation.gov.uk/ukpga/2022/3/contents">FA 2022</ref>—</p><blockList class="ordered roman parens" ukl:Name="OrderedList" ukl:Type="roman" ukl:Decoration="parens"><item><num>(i)</num><p>in subsection <ref href="#section-209-1">(1)</ref><ref href="#section-209-1-a">(a)</ref>, an officer of Revenue and Customs;</p></item><item><num>(ii)</num><p>in subsections <ref href="#section-209-3">(3)</ref> and <ref href="#section-209-4">(4)</ref>, an authorised officer as defined for the purposes of that section;</p></item></blockList></content></level></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-tribunal" eId="term-tribunal">tribunal</term>” means the First-tier Tribunal or, where determined by or under Tribunal Procedure Rules, the Upper Tribunal.</p></content></hcontainer></subsection><subsection eId="section-209-8"><num>(8)</num><intro><p>The Commissioners for His Majesty’s Revenue and Customs may by regulations make provision about—</p></intro><level class="para1" eId="section-209-8-a"><num>(a)</num><content><p>the form of a declaration made under <ref href="#section-209-2">subsection (2)</ref>,</p></content></level><level class="para1" eId="section-209-8-b"><num>(b)</num><content><p>the information to be included in a declaration,</p></content></level><level class="para1" eId="section-209-8-c"><num>(c)</num><content><p>when and how a declaration is to be provided.</p></content></level></subsection><subsection eId="section-209-9"><num>(9)</num><intro><p>Regulations under this section—</p></intro><level class="para1" eId="section-209-9-a"><num>(a)</num><content><p>are to be made by statutory instrument, and</p></content></level><level class="para1" eId="section-209-9-b"><num>(b)</num><content><p>may make different provision for different purposes.</p></content></level></subsection><subsection eId="section-209-10"><num>(10)</num><content><p>A statutory instrument containing regulations made under this section is subject to annulment in pursuance of a resolution of the House of Commons.</p></content></subsection></section>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-209-1"><num>(1)</num><intro><p>Subsection <ref href="#section-209-2">(2)</ref> applies where—</p></intro><level class="para1" eId="section-209-1-a"><num>(a)</num><content><p>HMRC have notified a lawyer that they intend to publish, or are considering publishing, information identifying the lawyer under a provision listed in <ref href="#section-209-5">subsection (5)</ref>, and</p></content></level><level class="para1" eId="section-209-1-b"><num>(b)</num><intro><p>the lawyer—</p></intro><level class="para2" eId="section-209-1-b-i"><num>(i)</num><content><p>intends to make representations to the effect that the information should not be published, but</p></content></level><level class="para2" eId="section-209-1-b-ii"><num>(ii)</num><content><p>will not be able to substantiate some or all of those representations without disclosing the content of privileged communications.</p></content></level></level></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-209-1-a"><num>(a)</num><content><p>HMRC have notified a lawyer that they intend to publish, or are considering publishing, information identifying the lawyer under a provision listed in <ref href="#section-209-5">subsection (5)</ref>, and</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-209-1-b"><num>(b)</num><intro><p>the lawyer—</p></intro><level class="para2" eId="section-209-1-b-i"><num>(i)</num><content><p>intends to make representations to the effect that the information should not be published, but</p></content></level><level class="para2" eId="section-209-1-b-ii"><num>(ii)</num><content><p>will not be able to substantiate some or all of those representations without disclosing the content of privileged communications.</p></content></level></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para2" eId="section-209-1-b-i"><num>(i)</num><content><p>intends to make representations to the effect that the information should not be published, but</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para2" eId="section-209-1-b-ii"><num>(ii)</num><content><p>will not be able to substantiate some or all of those representations without disclosing the content of privileged communications.</p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-209-2"><num>(2)</num><intro><p>A lawyer (whether or not the lawyer intending to make the representations) may make a declaration to the effect that—</p></intro><level class="para1" eId="section-209-2-a"><num>(a)</num><content><p>the representations are true, and</p></content></level><level class="para1" eId="section-209-2-b"><num>(b)</num><content><p>the content of privileged communications would be sufficient (whether alone or with other information) to demonstrate this on the balance of probabilities.</p></content></level></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-209-2-a"><num>(a)</num><content><p>the representations are true, and</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-209-2-b"><num>(b)</num><content><p>the content of privileged communications would be sufficient (whether alone or with other information) to demonstrate this on the balance of probabilities.</p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-209-3"><num>(3)</num><content><p>When considering whether the information referred to in <ref href="#section-209-1">subsection (1)</ref><ref href="#section-209-1-a">(a)</ref> may be published, HMRC and, in the context of proceedings, a court or tribunal must treat a declaration made under <ref href="#section-209-2">subsection (2)</ref> and provided under a provision listed in <ref href="#section-209-5">subsection (5)</ref> as conclusive evidence of the information included in the declaration.</p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-209-4"><num>(4)</num><content><p>But <ref href="#section-209-3">subsection (3)</ref> does not apply if HMRC, or the court or tribunal, is satisfied that the declaration includes any information that is incorrect.</p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-209-5"><num>(5)</num><intro><p>The provisions are—</p></intro><level class="para1" eId="section-209-5-a"><num>(a)</num><content><p><ref eId="c00265" href="https://www.legislation.gov.uk/ukpga/2004/12/section/316C">section 316C</ref> of <ref eId="c00266" href="https://www.legislation.gov.uk/ukpga/2004/12/contents">FA 2004</ref> (disclosure of tax avoidance schemes);</p></content></level><level class="para1" eId="section-209-5-b"><num>(b)</num><content><p><ref eId="c00267" href="https://www.legislation.gov.uk/ukpga/2017/32/schedule/17/paragraph/36">paragraph 36</ref> of <ref eId="c00268" href="https://www.legislation.gov.uk/ukpga/2017/32/schedule/17">Schedule 17</ref> to <ref eId="c00269" href="https://www.legislation.gov.uk/ukpga/2017/32/contents">F(No.2)A 2017</ref> (disclosure of tax avoidance schemes: VAT and other indirect taxes);</p></content></level><level class="para1" eId="section-209-5-c"><num>(c)</num><content><p><ref eId="c00270" href="https://www.legislation.gov.uk/ukpga/2022/3/section/86">section 86</ref> of <ref eId="c00271" href="https://www.legislation.gov.uk/ukpga/2022/3/contents">FA 2022</ref> (publication of information about tax avoidance schemes).</p></content></level></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-209-5-a"><num>(a)</num><content><p><ref eId="c00265" href="https://www.legislation.gov.uk/ukpga/2004/12/section/316C">section 316C</ref> of <ref eId="c00266" href="https://www.legislation.gov.uk/ukpga/2004/12/contents">FA 2004</ref> (disclosure of tax avoidance schemes);</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-209-5-b"><num>(b)</num><content><p><ref eId="c00267" href="https://www.legislation.gov.uk/ukpga/2017/32/schedule/17/paragraph/36">paragraph 36</ref> of <ref eId="c00268" href="https://www.legislation.gov.uk/ukpga/2017/32/schedule/17">Schedule 17</ref> to <ref eId="c00269" href="https://www.legislation.gov.uk/ukpga/2017/32/contents">F(No.2)A 2017</ref> (disclosure of tax avoidance schemes: VAT and other indirect taxes);</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-209-5-c"><num>(c)</num><content><p><ref eId="c00270" href="https://www.legislation.gov.uk/ukpga/2022/3/section/86">section 86</ref> of <ref eId="c00271" href="https://www.legislation.gov.uk/ukpga/2022/3/contents">FA 2022</ref> (publication of information about tax avoidance schemes).</p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-209-6"><num>(6)</num><intro><p>For the purposes of this section—</p></intro><level class="para1" eId="section-209-6-a"><num>(a)</num><content><p>references to a lawyer are references to a person in respect of whose communications a claim to legal professional privilege, or (in Scotland) to confidentiality of proceedings as between client and professional legal adviser, could be maintained in legal proceedings, and</p></content></level><level class="para1" eId="section-209-6-b"><num>(b)</num><content><p>a communication is “privileged” if such a claim could be maintained in respect of it.</p></content></level></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-209-6-a"><num>(a)</num><content><p>references to a lawyer are references to a person in respect of whose communications a claim to legal professional privilege, or (in Scotland) to confidentiality of proceedings as between client and professional legal adviser, could be maintained in legal proceedings, and</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-209-6-b"><num>(b)</num><content><p>a communication is “privileged” if such a claim could be maintained in respect of it.</p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="section-209-7"><num>(7)</num><intro><p>In this section—</p></intro><hcontainer name="definition"><intro><p>“<term refersTo="#term-hmrc" eId="term-hmrc">HMRC</term>” means—</p></intro><level class="para1"><num>(a)</num><content><p>where the provision referred to in subsection <ref href="#section-209-1">(1)</ref><ref href="#section-209-1-a">(a)</ref> is <ref eId="c00272" href="https://www.legislation.gov.uk/ukpga/2004/12/section/316C">section 316C</ref> of <ref eId="c00273" href="https://www.legislation.gov.uk/ukpga/2004/12/contents">FA 2004</ref>, HMRC as defined for the purposes of that section;</p></content></level><level class="para1"><num>(b)</num><content><p>where the provision referred to in subsection <ref href="#section-209-1">(1)</ref><ref href="#section-209-1-a">(a)</ref> is <ref eId="c00274" href="https://www.legislation.gov.uk/ukpga/2017/32/schedule/17/paragraph/36">paragraph 36</ref> of <ref eId="c00275" href="https://www.legislation.gov.uk/ukpga/2017/32/schedule/17">Schedule 17</ref> to <ref eId="c00276" href="https://www.legislation.gov.uk/ukpga/2017/32/contents">F(No.2)A 2017</ref>, HMRC as defined for the purposes of that paragraph;</p></content></level><level class="para1"><num>(c)</num><content><p>where the provision referred to in subsection <ref href="#section-209-1">(1)</ref><ref href="#section-209-1-a">(a)</ref> is <ref eId="c00277" href="https://www.legislation.gov.uk/ukpga/2022/3/section/86">section 86</ref> of <ref eId="c00278" href="https://www.legislation.gov.uk/ukpga/2022/3/contents">FA 2022</ref>—</p><blockList class="ordered roman parens" ukl:Name="OrderedList" ukl:Type="roman" ukl:Decoration="parens"><item><num>(i)</num><p>in subsection <ref href="#section-209-1">(1)</ref><ref href="#section-209-1-a">(a)</ref>, an officer of Revenue and Customs;</p></item><item><num>(ii)</num><p>in subsections <ref href="#section-209-3">(3)</ref> and <ref href="#section-209-4">(4)</ref>, an authorised officer as defined for the purposes of that section;</p></item></blockList></content></level></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-tribunal" eId="term-tribunal">tribunal</term>” means the First-tier Tribunal or, where determined by or under Tribunal Procedure Rules, the Upper Tribunal.</p></content></hcontainer></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-209-8"><num>(8)</num><intro><p>The Commissioners for His Majesty’s Revenue and Customs may by regulations make provision about—</p></intro><level class="para1" eId="section-209-8-a"><num>(a)</num><content><p>the form of a declaration made under <ref href="#section-209-2">subsection (2)</ref>,</p></content></level><level class="para1" eId="section-209-8-b"><num>(b)</num><content><p>the information to be included in a declaration,</p></content></level><level class="para1" eId="section-209-8-c"><num>(c)</num><content><p>when and how a declaration is to be provided.</p></content></level></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-209-8-a"><num>(a)</num><content><p>the form of a declaration made under <ref href="#section-209-2">subsection (2)</ref>,</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-209-8-b"><num>(b)</num><content><p>the information to be included in a declaration,</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-209-8-c"><num>(c)</num><content><p>when and how a declaration is to be provided.</p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-209-9"><num>(9)</num><intro><p>Regulations under this section—</p></intro><level class="para1" eId="section-209-9-a"><num>(a)</num><content><p>are to be made by statutory instrument, and</p></content></level><level class="para1" eId="section-209-9-b"><num>(b)</num><content><p>may make different provision for different purposes.</p></content></level></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-209-9-a"><num>(a)</num><content><p>are to be made by statutory instrument, and</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-209-9-b"><num>(b)</num><content><p>may make different provision for different purposes.</p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-209-10"><num>(10)</num><content><p>A statutory instrument containing regulations made under this section is subject to annulment in pursuance of a resolution of the House of Commons.</p></content></subsection>
<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-210"><num>210</num><heading>Penalties for an incorrect declaration</heading><subsection eId="section-210-1"><num>(1)</num><content><p>A person who makes a declaration under section <ref href="#section-209">209</ref><ref href="#section-209-2">(2)</ref> and carelessly or deliberately includes any incorrect information in the declaration is liable to a penalty not exceeding £10,000.</p></content></subsection><subsection eId="section-210-2"><num>(2)</num><intro><p>Where—</p></intro><level class="para1" eId="section-210-2-a"><num>(a)</num><content><p>a person (“<term refersTo="#term-a" eId="term-a">A</term>”) provides a declaration under a provision listed in section <ref href="#section-209">209</ref><ref href="#section-209-5">(5)</ref> which is made under section <ref href="#section-209">209</ref><ref href="#section-209-2">(2)</ref> by another person,</p></content></level><level class="para1" eId="section-210-2-b"><num>(b)</num><content><p>the declaration includes incorrect information, and</p></content></level><level class="para1" eId="section-210-2-c"><num>(c)</num><content><p>A knew, or could reasonably have been expected to have known, that the information was incorrect,</p></content></level><wrapUp><p>A is liable to a penalty not exceeding £10,000.</p></wrapUp></subsection><subsection eId="section-210-3"><num>(3)</num><content><p>For the purposes of subsection <ref href="#section-210-1">(1)</ref>, incorrect information is included in a declaration carelessly if the person who makes the declaration has failed to take reasonable care to verify the information before including it.</p></content></subsection></section>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-210-1"><num>(1)</num><content><p>A person who makes a declaration under section <ref href="#section-209">209</ref><ref href="#section-209-2">(2)</ref> and carelessly or deliberately includes any incorrect information in the declaration is liable to a penalty not exceeding £10,000.</p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-210-2"><num>(2)</num><intro><p>Where—</p></intro><level class="para1" eId="section-210-2-a"><num>(a)</num><content><p>a person (“<term refersTo="#term-a" eId="term-a">A</term>”) provides a declaration under a provision listed in section <ref href="#section-209">209</ref><ref href="#section-209-5">(5)</ref> which is made under section <ref href="#section-209">209</ref><ref href="#section-209-2">(2)</ref> by another person,</p></content></level><level class="para1" eId="section-210-2-b"><num>(b)</num><content><p>the declaration includes incorrect information, and</p></content></level><level class="para1" eId="section-210-2-c"><num>(c)</num><content><p>A knew, or could reasonably have been expected to have known, that the information was incorrect,</p></content></level><wrapUp><p>A is liable to a penalty not exceeding £10,000.</p></wrapUp></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-210-2-a"><num>(a)</num><content><p>a person (“<term refersTo="#term-a" eId="term-a">A</term>”) provides a declaration under a provision listed in section <ref href="#section-209">209</ref><ref href="#section-209-5">(5)</ref> which is made under section <ref href="#section-209">209</ref><ref href="#section-209-2">(2)</ref> by another person,</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-210-2-b"><num>(b)</num><content><p>the declaration includes incorrect information, and</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-210-2-c"><num>(c)</num><content><p>A knew, or could reasonably have been expected to have known, that the information was incorrect,</p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-210-3"><num>(3)</num><content><p>For the purposes of subsection <ref href="#section-210-1">(1)</ref>, incorrect information is included in a declaration carelessly if the person who makes the declaration has failed to take reasonable care to verify the information before including it.</p></content></subsection>
<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-211"><num>211</num><heading>Penalties: procedure, appeals etc</heading><subsection eId="section-211-1"><num>(1)</num><content><p>Subject to subsection <ref href="#section-211-2">(2)</ref>, a penalty under section <ref href="#section-210">210</ref> is to be treated as a penalty imposed under the Taxes Acts and, accordingly, is a penalty to be determined and imposed by an authorised officer under section 100(1) of TMA 1970.</p></content></subsection><subsection eId="section-211-2"><num>(2)</num><content><p>A penalty under section <ref href="#section-210">210</ref> is not required to be paid before the penalty becomes final.</p></content></subsection><subsection eId="section-211-3"><num>(3)</num><content><p><mod>For the purposes of subsection <ref href="#section-211-2">(2)</ref> and sections <ref href="#section-212">212</ref> and <ref href="#section-213">213</ref> a penalty becomes <quotedText>“final”</quotedText> at the time when the period for any appeal or further appeal relating to the penalty expires or, if later, when any appeal or final appeal relating to the penalty is finally determined.</mod></p></content></subsection></section>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-211-1"><num>(1)</num><content><p>Subject to subsection <ref href="#section-211-2">(2)</ref>, a penalty under section <ref href="#section-210">210</ref> is to be treated as a penalty imposed under the Taxes Acts and, accordingly, is a penalty to be determined and imposed by an authorised officer under section 100(1) of TMA 1970.</p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-211-2"><num>(2)</num><content><p>A penalty under section <ref href="#section-210">210</ref> is not required to be paid before the penalty becomes final.</p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-211-3"><num>(3)</num><content><p><mod>For the purposes of subsection <ref href="#section-211-2">(2)</ref> and sections <ref href="#section-212">212</ref> and <ref href="#section-213">213</ref> a penalty becomes <quotedText>“final”</quotedText> at the time when the period for any appeal or further appeal relating to the penalty expires or, if later, when any appeal or final appeal relating to the penalty is finally determined.</mod></p></content></subsection>
<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-212"><num>212</num><heading>Publication following an incorrect declaration</heading><subsection eId="section-212-1"><num>(1)</num><intro><p>An authorised officer may publish information about a person where—</p></intro><level class="para1" eId="section-212-1-a"><num>(a)</num><content><p>the person has incurred a penalty under section <ref href="#section-210">210</ref> in relation to a declaration, and</p></content></level><level class="para1" eId="section-212-1-b"><num>(b)</num><content><p>the penalty has become final.</p></content></level></subsection><subsection eId="section-212-2"><num>(2)</num><intro><p>The information that may be published under this section is—</p></intro><level class="para1" eId="section-212-2-a"><num>(a)</num><content><p>the person’s name (including any trading name, previous name or pseudonym);</p></content></level><level class="para1" eId="section-212-2-b"><num>(b)</num><content><p>any address used by the person;</p></content></level><level class="para1" eId="section-212-2-c"><num>(c)</num><content><p>any other information that the authorised officer considers appropriate for the purposes of identifying the person or their business;</p></content></level><level class="para1" eId="section-212-2-d"><num>(d)</num><content><p>details of the arrangements to which the declaration relates including the nature of the person’s involvement in those arrangements;</p></content></level><level class="para1" eId="section-212-2-e"><num>(e)</num><content><p>details of the penalty imposed on the person under section <ref href="#section-210">210</ref>.</p></content></level></subsection><subsection eId="section-212-3"><num>(3)</num><content><p>The information may be published in any way that the authorised officer considers appropriate.</p></content></subsection><subsection eId="section-212-4"><num>(4)</num><intro><p>Before publishing information under this section, the authorised officer must—</p></intro><level class="para1" eId="section-212-4-a"><num>(a)</num><content><p>notify the person that they are considering doing so,</p></content></level><level class="para1" eId="section-212-4-b"><num>(b)</num><content><p>give the person 30 days from that notification in which to make representations about whether it should be published, and</p></content></level><level class="para1" eId="section-212-4-c"><num>(c)</num><content><p>have regard to any representations received.</p></content></level></subsection><subsection eId="section-212-5"><num>(5)</num><intro><p>In this section—</p></intro><hcontainer name="definition"><intro><p>“<term refersTo="#term-arrangements" eId="term-arrangements">arrangements</term>” means—</p></intro><level class="para1"><num>(a)</num><content><p>in relation to a declaration provided under section 316C(6)(b)(ii) of FA 2004, arrangements or proposed arrangements, with those terms having the same meaning as in that section;</p></content></level><level class="para1"><num>(b)</num><content><p>in relation to a declaration provided under <ref eId="c00279" href="https://www.legislation.gov.uk/ukpga/2017/32/schedule/17/paragraph/36">paragraph 36</ref>(6)(b)(ii) of <ref eId="c00280" href="https://www.legislation.gov.uk/ukpga/2017/32/schedule/17">Schedule 17</ref> to <ref eId="c00281" href="https://www.legislation.gov.uk/ukpga/2017/32/contents">F(No.2)A 2017</ref>, arrangements or proposed arrangements, with those terms having the same meaning as in that paragraph;</p></content></level><level class="para1"><num>(c)</num><content><p>in relation to a declaration provided under section 86(5)(b)(ii) of FA 2022, a proposal or arrangements, with those terms having the same meaning as in that section;</p></content></level></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-authorised-officer" eId="term-authorised-officer">authorised officer</term>” means an officer of Revenue and Customs authorised for the purposes of this section.</p></content></hcontainer></subsection></section>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-212-1"><num>(1)</num><intro><p>An authorised officer may publish information about a person where—</p></intro><level class="para1" eId="section-212-1-a"><num>(a)</num><content><p>the person has incurred a penalty under section <ref href="#section-210">210</ref> in relation to a declaration, and</p></content></level><level class="para1" eId="section-212-1-b"><num>(b)</num><content><p>the penalty has become final.</p></content></level></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-212-1-a"><num>(a)</num><content><p>the person has incurred a penalty under section <ref href="#section-210">210</ref> in relation to a declaration, and</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-212-1-b"><num>(b)</num><content><p>the penalty has become final.</p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-212-2"><num>(2)</num><intro><p>The information that may be published under this section is—</p></intro><level class="para1" eId="section-212-2-a"><num>(a)</num><content><p>the person’s name (including any trading name, previous name or pseudonym);</p></content></level><level class="para1" eId="section-212-2-b"><num>(b)</num><content><p>any address used by the person;</p></content></level><level class="para1" eId="section-212-2-c"><num>(c)</num><content><p>any other information that the authorised officer considers appropriate for the purposes of identifying the person or their business;</p></content></level><level class="para1" eId="section-212-2-d"><num>(d)</num><content><p>details of the arrangements to which the declaration relates including the nature of the person’s involvement in those arrangements;</p></content></level><level class="para1" eId="section-212-2-e"><num>(e)</num><content><p>details of the penalty imposed on the person under section <ref href="#section-210">210</ref>.</p></content></level></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-212-2-a"><num>(a)</num><content><p>the person’s name (including any trading name, previous name or pseudonym);</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-212-2-b"><num>(b)</num><content><p>any address used by the person;</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-212-2-c"><num>(c)</num><content><p>any other information that the authorised officer considers appropriate for the purposes of identifying the person or their business;</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-212-2-d"><num>(d)</num><content><p>details of the arrangements to which the declaration relates including the nature of the person’s involvement in those arrangements;</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-212-2-e"><num>(e)</num><content><p>details of the penalty imposed on the person under section <ref href="#section-210">210</ref>.</p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-212-3"><num>(3)</num><content><p>The information may be published in any way that the authorised officer considers appropriate.</p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-212-4"><num>(4)</num><intro><p>Before publishing information under this section, the authorised officer must—</p></intro><level class="para1" eId="section-212-4-a"><num>(a)</num><content><p>notify the person that they are considering doing so,</p></content></level><level class="para1" eId="section-212-4-b"><num>(b)</num><content><p>give the person 30 days from that notification in which to make representations about whether it should be published, and</p></content></level><level class="para1" eId="section-212-4-c"><num>(c)</num><content><p>have regard to any representations received.</p></content></level></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-212-4-a"><num>(a)</num><content><p>notify the person that they are considering doing so,</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-212-4-b"><num>(b)</num><content><p>give the person 30 days from that notification in which to make representations about whether it should be published, and</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-212-4-c"><num>(c)</num><content><p>have regard to any representations received.</p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-212-5"><num>(5)</num><intro><p>In this section—</p></intro><hcontainer name="definition"><intro><p>“<term refersTo="#term-arrangements" eId="term-arrangements">arrangements</term>” means—</p></intro><level class="para1"><num>(a)</num><content><p>in relation to a declaration provided under section 316C(6)(b)(ii) of FA 2004, arrangements or proposed arrangements, with those terms having the same meaning as in that section;</p></content></level><level class="para1"><num>(b)</num><content><p>in relation to a declaration provided under <ref eId="c00279" href="https://www.legislation.gov.uk/ukpga/2017/32/schedule/17/paragraph/36">paragraph 36</ref>(6)(b)(ii) of <ref eId="c00280" href="https://www.legislation.gov.uk/ukpga/2017/32/schedule/17">Schedule 17</ref> to <ref eId="c00281" href="https://www.legislation.gov.uk/ukpga/2017/32/contents">F(No.2)A 2017</ref>, arrangements or proposed arrangements, with those terms having the same meaning as in that paragraph;</p></content></level><level class="para1"><num>(c)</num><content><p>in relation to a declaration provided under section 86(5)(b)(ii) of FA 2022, a proposal or arrangements, with those terms having the same meaning as in that section;</p></content></level></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-authorised-officer" eId="term-authorised-officer">authorised officer</term>” means an officer of Revenue and Customs authorised for the purposes of this section.</p></content></hcontainer></subsection>
<hcontainer xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" name="definition"><intro><p>“<term refersTo="#term-arrangements" eId="term-arrangements">arrangements</term>” means—</p></intro><level class="para1"><num>(a)</num><content><p>in relation to a declaration provided under section 316C(6)(b)(ii) of FA 2004, arrangements or proposed arrangements, with those terms having the same meaning as in that section;</p></content></level><level class="para1"><num>(b)</num><content><p>in relation to a declaration provided under <ref eId="c00279" href="https://www.legislation.gov.uk/ukpga/2017/32/schedule/17/paragraph/36">paragraph 36</ref>(6)(b)(ii) of <ref eId="c00280" href="https://www.legislation.gov.uk/ukpga/2017/32/schedule/17">Schedule 17</ref> to <ref eId="c00281" href="https://www.legislation.gov.uk/ukpga/2017/32/contents">F(No.2)A 2017</ref>, arrangements or proposed arrangements, with those terms having the same meaning as in that paragraph;</p></content></level><level class="para1"><num>(c)</num><content><p>in relation to a declaration provided under section 86(5)(b)(ii) of FA 2022, a proposal or arrangements, with those terms having the same meaning as in that section;</p></content></level></hcontainer>
<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-213"><num>213</num><heading>Time limits for publication</heading><subsection eId="section-213-1"><num>(1)</num><content><p>Publication of any information under section <ref href="#section-212">212</ref> on the basis of a penalty incurred by a person may not take place after the end of the period of 12 months beginning with the date on which the penalty became final.</p></content></subsection><subsection eId="section-213-2"><num>(2)</num><content><p>Subsection <ref href="#section-213-1">(1)</ref> is not to be taken to prevent the re-publication, or continued publication, after the end of the period referred to in that subsection, of information published under section <ref href="#section-212">212</ref> before the end of the period.</p></content></subsection></section>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-213-1"><num>(1)</num><content><p>Publication of any information under section <ref href="#section-212">212</ref> on the basis of a penalty incurred by a person may not take place after the end of the period of 12 months beginning with the date on which the penalty became final.</p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-213-2"><num>(2)</num><content><p>Subsection <ref href="#section-213-1">(1)</ref> is not to be taken to prevent the re-publication, or continued publication, after the end of the period referred to in that subsection, of information published under section <ref href="#section-212">212</ref> before the end of the period.</p></content></subsection>
<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="section-214"><num>214</num><heading>Amendments to existing legislation: removal of privilege exemption</heading><subsection eId="section-214-1"><num>(1)</num><intro><p>In <ref eId="c00282" href="https://www.legislation.gov.uk/ukpga/2004/12/section/316C">section 316C</ref> of <ref eId="c00283" href="https://www.legislation.gov.uk/ukpga/2004/12/contents">FA 2004</ref> (disclosure of tax avoidance schemes)—</p></intro><level class="para1" eId="section-214-1-a"><num>(a)</num><content><p>omit <ref eId="c00284" href="https://www.legislation.gov.uk/ukpga/2004/12/section/316C">subsection (4A)</ref>;</p></content></level><level class="para1" eId="section-214-1-b"><num>(b)</num><intro><p>in <ref eId="c00285" href="https://www.legislation.gov.uk/ukpga/2004/12/section/316C">subsection (6)</ref><ref eId="c00286" href="https://www.legislation.gov.uk/ukpga/2004/12/section/316C">(b)</ref>—</p></intro><level class="para2" eId="section-214-1-b-i"><num>(i)</num><content><p>the words from “make representations” to the end become sub-paragraph (i);</p></content></level><level class="para2" eId="section-214-1-b-ii"><num>(ii)</num><content><p><mod>after that sub-paragraph insert <quotedText startQuote="“">, and</quotedText><quotedStructure endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="default"><level class="para2"><num>(ii)</num><content><p>where section <ref href="#section-209">209</ref><ref href="#section-209-2">(2)</ref> of FA 2026 applies, provide a declaration made under that subsection substantiating those representations.</p></content></level></quotedStructure><inline name="appendText">.</inline></mod></p></content></level></level></subsection><subsection eId="section-214-2"><num>(2)</num><intro><p>In <ref eId="c00287" href="https://www.legislation.gov.uk/ukpga/2017/32/schedule/17/paragraph/36">paragraph 36</ref> of <ref eId="c00288" href="https://www.legislation.gov.uk/ukpga/2017/32/schedule/17">Schedule 17</ref> to <ref eId="c00289" href="https://www.legislation.gov.uk/ukpga/2017/32/contents">F(No.2)A 2017</ref> (disclosure of tax avoidance schemes: VAT and other indirect taxes)—</p></intro><level class="para1" eId="section-214-2-a"><num>(a)</num><content><p>omit <ref eId="c00290" href="https://www.legislation.gov.uk/ukpga/2017/32/schedule/17/paragraph/36">sub-paragraph (4A)</ref>;</p></content></level><level class="para1" eId="section-214-2-b"><num>(b)</num><intro><p>in <ref eId="c00291" href="https://www.legislation.gov.uk/ukpga/2017/32/schedule/17/paragraph/36">sub-paragraph (6)</ref><ref eId="c00292" href="https://www.legislation.gov.uk/ukpga/2017/32/schedule/17/paragraph/36">(b)</ref>—</p></intro><level class="para2" eId="section-214-2-b-i"><num>(i)</num><content><p>the words from “make representations” to the end become sub-paragraph (i);</p></content></level><level class="para2" eId="section-214-2-b-ii"><num>(ii)</num><content><p><mod>after that sub-paragraph insert <quotedText startQuote="“">, and</quotedText><quotedStructure endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="default"><level class="para2"><num>(ii)</num><content><p>where section <ref href="#section-209">209</ref><ref href="#section-209-2">(2)</ref> of FA 2026 applies, provide a declaration made under that subsection substantiating those representations.</p></content></level></quotedStructure><inline name="appendText">.</inline></mod></p></content></level></level></subsection><subsection eId="section-214-3"><num>(3)</num><intro><p>In <ref eId="c00293" href="https://www.legislation.gov.uk/ukpga/2022/3/section/86">section 86</ref> of <ref eId="c00294" href="https://www.legislation.gov.uk/ukpga/2022/3/contents">FA 2022</ref> (publication of information about tax avoidance schemes)—</p></intro><level class="para1" eId="section-214-3-a"><num>(a)</num><content><p>omit <ref eId="c00295" href="https://www.legislation.gov.uk/ukpga/2022/3/section/86">subsection (3)</ref><ref eId="c00296" href="https://www.legislation.gov.uk/ukpga/2022/3/section/86">(b)</ref> (and the “or” before it);</p></content></level><level class="para1" eId="section-214-3-b"><num>(b)</num><intro><p>in <ref eId="c00297" href="https://www.legislation.gov.uk/ukpga/2022/3/section/86">subsection (5)</ref><ref eId="c00298" href="https://www.legislation.gov.uk/ukpga/2022/3/section/86">(b)</ref>—</p></intro><level class="para2" eId="section-214-3-b-i"><num>(i)</num><content><p>the words from “make representations” to the end become sub-paragraph (i);</p></content></level><level class="para2" eId="section-214-3-b-ii"><num>(ii)</num><content><p><mod>after that sub-paragraph insert <quotedText startQuote="“">, and</quotedText><quotedStructure endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="default"><level class="para2"><num>(ii)</num><content><p>where section <ref href="#section-209">209</ref><ref href="#section-209-2">(2)</ref> of FA 2026 applies, provide a declaration made under that subsection substantiating those representations.</p></content></level></quotedStructure><inline name="appendText">;</inline></mod></p></content></level></level><level class="para1" eId="section-214-3-c"><num>(c)</num><content><p><mod>in <ref eId="c00299" href="https://www.legislation.gov.uk/ukpga/2022/3/section/86">subsection (6)</ref>, after “representations” insert <quotedText>“and any declaration”</quotedText>.</mod></p></content></level></subsection></section>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="section-214-1"><num>(1)</num><intro><p>In <ref eId="c00282" href="https://www.legislation.gov.uk/ukpga/2004/12/section/316C">section 316C</ref> of <ref eId="c00283" href="https://www.legislation.gov.uk/ukpga/2004/12/contents">FA 2004</ref> (disclosure of tax avoidance schemes)—</p></intro><level class="para1" eId="section-214-1-a"><num>(a)</num><content><p>omit <ref eId="c00284" href="https://www.legislation.gov.uk/ukpga/2004/12/section/316C">subsection (4A)</ref>;</p></content></level><level class="para1" eId="section-214-1-b"><num>(b)</num><intro><p>in <ref eId="c00285" href="https://www.legislation.gov.uk/ukpga/2004/12/section/316C">subsection (6)</ref><ref eId="c00286" href="https://www.legislation.gov.uk/ukpga/2004/12/section/316C">(b)</ref>—</p></intro><level class="para2" eId="section-214-1-b-i"><num>(i)</num><content><p>the words from “make representations” to the end become sub-paragraph (i);</p></content></level><level class="para2" eId="section-214-1-b-ii"><num>(ii)</num><content><p><mod>after that sub-paragraph insert <quotedText startQuote="“">, and</quotedText><quotedStructure endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="default"><level class="para2"><num>(ii)</num><content><p>where section <ref href="#section-209">209</ref><ref href="#section-209-2">(2)</ref> of FA 2026 applies, provide a declaration made under that subsection substantiating those representations.</p></content></level></quotedStructure><inline name="appendText">.</inline></mod></p></content></level></level></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-214-1-a"><num>(a)</num><content><p>omit <ref eId="c00284" href="https://www.legislation.gov.uk/ukpga/2004/12/section/316C">subsection (4A)</ref>;</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" class="para1" eId="section-214-1-b"><num>(b)</num><intro><p>in <ref eId="c00285" href="https://www.legislation.gov.uk/ukpga/2004/12/section/316C">subsection (6)</ref><ref eId="c00286" href="https://www.legislation.gov.uk/ukpga/2004/12/section/316C">(b)</ref>—</p></intro><level class="para2" eId="section-214-1-b-i"><num>(i)</num><content><p>the words from “make representations” to the end become sub-paragraph (i);</p></content></level><level class="para2" eId="section-214-1-b-ii"><num>(ii)</num><content><p><mod>after that sub-paragraph insert <quotedText startQuote="“">, and</quotedText><quotedStructure endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="default"><level class="para2"><num>(ii)</num><content><p>where section <ref href="#section-209">209</ref><ref href="#section-209-2">(2)</ref> of FA 2026 applies, provide a declaration made under that subsection substantiating those representations.</p></content></level></quotedStructure><inline name="appendText">.</inline></mod></p></content></level></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para2" eId="section-214-1-b-i"><num>(i)</num><content><p>the words from “make representations” to the end become sub-paragraph (i);</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" class="para2" eId="section-214-1-b-ii"><num>(ii)</num><content><p><mod>after that sub-paragraph insert <quotedText startQuote="“">, and</quotedText><quotedStructure endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="default"><level class="para2"><num>(ii)</num><content><p>where section <ref href="#section-209">209</ref><ref href="#section-209-2">(2)</ref> of FA 2026 applies, provide a declaration made under that subsection substantiating those representations.</p></content></level></quotedStructure><inline name="appendText">.</inline></mod></p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="section-214-2"><num>(2)</num><intro><p>In <ref eId="c00287" href="https://www.legislation.gov.uk/ukpga/2017/32/schedule/17/paragraph/36">paragraph 36</ref> of <ref eId="c00288" href="https://www.legislation.gov.uk/ukpga/2017/32/schedule/17">Schedule 17</ref> to <ref eId="c00289" href="https://www.legislation.gov.uk/ukpga/2017/32/contents">F(No.2)A 2017</ref> (disclosure of tax avoidance schemes: VAT and other indirect taxes)—</p></intro><level class="para1" eId="section-214-2-a"><num>(a)</num><content><p>omit <ref eId="c00290" href="https://www.legislation.gov.uk/ukpga/2017/32/schedule/17/paragraph/36">sub-paragraph (4A)</ref>;</p></content></level><level class="para1" eId="section-214-2-b"><num>(b)</num><intro><p>in <ref eId="c00291" href="https://www.legislation.gov.uk/ukpga/2017/32/schedule/17/paragraph/36">sub-paragraph (6)</ref><ref eId="c00292" href="https://www.legislation.gov.uk/ukpga/2017/32/schedule/17/paragraph/36">(b)</ref>—</p></intro><level class="para2" eId="section-214-2-b-i"><num>(i)</num><content><p>the words from “make representations” to the end become sub-paragraph (i);</p></content></level><level class="para2" eId="section-214-2-b-ii"><num>(ii)</num><content><p><mod>after that sub-paragraph insert <quotedText startQuote="“">, and</quotedText><quotedStructure endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="default"><level class="para2"><num>(ii)</num><content><p>where section <ref href="#section-209">209</ref><ref href="#section-209-2">(2)</ref> of FA 2026 applies, provide a declaration made under that subsection substantiating those representations.</p></content></level></quotedStructure><inline name="appendText">.</inline></mod></p></content></level></level></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-214-2-a"><num>(a)</num><content><p>omit <ref eId="c00290" href="https://www.legislation.gov.uk/ukpga/2017/32/schedule/17/paragraph/36">sub-paragraph (4A)</ref>;</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" class="para1" eId="section-214-2-b"><num>(b)</num><intro><p>in <ref eId="c00291" href="https://www.legislation.gov.uk/ukpga/2017/32/schedule/17/paragraph/36">sub-paragraph (6)</ref><ref eId="c00292" href="https://www.legislation.gov.uk/ukpga/2017/32/schedule/17/paragraph/36">(b)</ref>—</p></intro><level class="para2" eId="section-214-2-b-i"><num>(i)</num><content><p>the words from “make representations” to the end become sub-paragraph (i);</p></content></level><level class="para2" eId="section-214-2-b-ii"><num>(ii)</num><content><p><mod>after that sub-paragraph insert <quotedText startQuote="“">, and</quotedText><quotedStructure endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="default"><level class="para2"><num>(ii)</num><content><p>where section <ref href="#section-209">209</ref><ref href="#section-209-2">(2)</ref> of FA 2026 applies, provide a declaration made under that subsection substantiating those representations.</p></content></level></quotedStructure><inline name="appendText">.</inline></mod></p></content></level></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para2" eId="section-214-2-b-i"><num>(i)</num><content><p>the words from “make representations” to the end become sub-paragraph (i);</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" class="para2" eId="section-214-2-b-ii"><num>(ii)</num><content><p><mod>after that sub-paragraph insert <quotedText startQuote="“">, and</quotedText><quotedStructure endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="default"><level class="para2"><num>(ii)</num><content><p>where section <ref href="#section-209">209</ref><ref href="#section-209-2">(2)</ref> of FA 2026 applies, provide a declaration made under that subsection substantiating those representations.</p></content></level></quotedStructure><inline name="appendText">.</inline></mod></p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="section-214-3"><num>(3)</num><intro><p>In <ref eId="c00293" href="https://www.legislation.gov.uk/ukpga/2022/3/section/86">section 86</ref> of <ref eId="c00294" href="https://www.legislation.gov.uk/ukpga/2022/3/contents">FA 2022</ref> (publication of information about tax avoidance schemes)—</p></intro><level class="para1" eId="section-214-3-a"><num>(a)</num><content><p>omit <ref eId="c00295" href="https://www.legislation.gov.uk/ukpga/2022/3/section/86">subsection (3)</ref><ref eId="c00296" href="https://www.legislation.gov.uk/ukpga/2022/3/section/86">(b)</ref> (and the “or” before it);</p></content></level><level class="para1" eId="section-214-3-b"><num>(b)</num><intro><p>in <ref eId="c00297" href="https://www.legislation.gov.uk/ukpga/2022/3/section/86">subsection (5)</ref><ref eId="c00298" href="https://www.legislation.gov.uk/ukpga/2022/3/section/86">(b)</ref>—</p></intro><level class="para2" eId="section-214-3-b-i"><num>(i)</num><content><p>the words from “make representations” to the end become sub-paragraph (i);</p></content></level><level class="para2" eId="section-214-3-b-ii"><num>(ii)</num><content><p><mod>after that sub-paragraph insert <quotedText startQuote="“">, and</quotedText><quotedStructure endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="default"><level class="para2"><num>(ii)</num><content><p>where section <ref href="#section-209">209</ref><ref href="#section-209-2">(2)</ref> of FA 2026 applies, provide a declaration made under that subsection substantiating those representations.</p></content></level></quotedStructure><inline name="appendText">;</inline></mod></p></content></level></level><level class="para1" eId="section-214-3-c"><num>(c)</num><content><p><mod>in <ref eId="c00299" href="https://www.legislation.gov.uk/ukpga/2022/3/section/86">subsection (6)</ref>, after “representations” insert <quotedText>“and any declaration”</quotedText>.</mod></p></content></level></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-214-3-a"><num>(a)</num><content><p>omit <ref eId="c00295" href="https://www.legislation.gov.uk/ukpga/2022/3/section/86">subsection (3)</ref><ref eId="c00296" href="https://www.legislation.gov.uk/ukpga/2022/3/section/86">(b)</ref> (and the “or” before it);</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" class="para1" eId="section-214-3-b"><num>(b)</num><intro><p>in <ref eId="c00297" href="https://www.legislation.gov.uk/ukpga/2022/3/section/86">subsection (5)</ref><ref eId="c00298" href="https://www.legislation.gov.uk/ukpga/2022/3/section/86">(b)</ref>—</p></intro><level class="para2" eId="section-214-3-b-i"><num>(i)</num><content><p>the words from “make representations” to the end become sub-paragraph (i);</p></content></level><level class="para2" eId="section-214-3-b-ii"><num>(ii)</num><content><p><mod>after that sub-paragraph insert <quotedText startQuote="“">, and</quotedText><quotedStructure endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="default"><level class="para2"><num>(ii)</num><content><p>where section <ref href="#section-209">209</ref><ref href="#section-209-2">(2)</ref> of FA 2026 applies, provide a declaration made under that subsection substantiating those representations.</p></content></level></quotedStructure><inline name="appendText">;</inline></mod></p></content></level></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para2" eId="section-214-3-b-i"><num>(i)</num><content><p>the words from “make representations” to the end become sub-paragraph (i);</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" class="para2" eId="section-214-3-b-ii"><num>(ii)</num><content><p><mod>after that sub-paragraph insert <quotedText startQuote="“">, and</quotedText><quotedStructure endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="default"><level class="para2"><num>(ii)</num><content><p>where section <ref href="#section-209">209</ref><ref href="#section-209-2">(2)</ref> of FA 2026 applies, provide a declaration made under that subsection substantiating those representations.</p></content></level></quotedStructure><inline name="appendText">;</inline></mod></p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-214-3-c"><num>(c)</num><content><p><mod>in <ref eId="c00299" href="https://www.legislation.gov.uk/ukpga/2022/3/section/86">subsection (6)</ref>, after “representations” insert <quotedText>“and any declaration”</quotedText>.</mod></p></content></level>
<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-215"><num>215</num><heading>Commencement</heading><subsection eId="section-215-1"><num>(1)</num><content><p>Subject to subsection <ref href="#section-215-2">(2)</ref>, sections <ref href="#section-209">209</ref> to <ref href="#section-214">214</ref> have effect from the day on which this Act is passed.</p></content></subsection><subsection eId="section-215-2"><num>(2)</num><content><p>The amendments made by section <ref href="#section-214">214</ref> have effect only in relation to conduct occurring on or after the day on which this Act is passed.</p></content></subsection></section>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-215-1"><num>(1)</num><content><p>Subject to subsection <ref href="#section-215-2">(2)</ref>, sections <ref href="#section-209">209</ref> to <ref href="#section-214">214</ref> have effect from the day on which this Act is passed.</p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-215-2"><num>(2)</num><content><p>The amendments made by section <ref href="#section-214">214</ref> have effect only in relation to conduct occurring on or after the day on which this Act is passed.</p></content></subsection>
<hcontainer xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:default="http://www.w3.org/1999/xhtml" name="crossheading" ukl:Name="Pblock" eId="part-6-chapter-4-crossheading-disclosure-of-tax-avoidance-schemes-consequences-for-failure-to-comply"><heading>Disclosure of tax avoidance schemes: consequences for failure to comply</heading><section eId="section-216"><num>216</num><heading>Penalties for non-disclosure of tax avoidance schemes</heading><subsection eId="section-216-1"><num>(1)</num><intro><p>In <ref eId="c00300" href="https://www.legislation.gov.uk/ukpga/1970/9/contents">TMA 1970</ref>—</p></intro><level class="para1" eId="section-216-1-a"><num>(a)</num><content><p>omit <ref eId="c00301" href="https://www.legislation.gov.uk/ukpga/1970/9/section/98C">section 98C</ref> (notifications under Part 7 of FA 2004);</p></content></level><level class="para1" eId="section-216-1-b"><num>(b)</num><content><p>in <ref eId="c00302" href="https://www.legislation.gov.uk/ukpga/1970/9/section/100">section 100</ref><ref eId="c00303" href="https://www.legislation.gov.uk/ukpga/1970/9/section/100">(2)</ref> (determination of penalties by an officer of the Board), omit <ref eId="c00304" href="https://www.legislation.gov.uk/ukpga/1970/9/section/100">paragraph (f)</ref>;</p></content></level><level class="para1" eId="section-216-1-c"><num>(c)</num><content><p>in <ref eId="c00305" href="https://www.legislation.gov.uk/ukpga/1970/9/section/103A">section 103A</ref> (interest on penalties), omit “(other than section 98C)”.</p></content></level></subsection><subsection eId="section-216-2"><num>(2)</num><intro><p>In <ref eId="c00306" href="https://www.legislation.gov.uk/ukpga/2004/12/part/7">Part 7</ref> of <ref eId="c00307" href="https://www.legislation.gov.uk/ukpga/2004/12/contents">FA 2004</ref> (disclosure of tax avoidance schemes)—</p></intro><level class="para1" eId="section-216-2-a"><num>(a)</num><content><p><mod>in <ref eId="c00308" href="https://www.legislation.gov.uk/ukpga/2004/12/section/313">section 313</ref><ref eId="c00309" href="https://www.legislation.gov.uk/ukpga/2004/12/section/313">(4)</ref>, for “98C of the Taxes Management Act 1970” substitute <quotedText>“315”</quotedText>;</mod></p></content></level><level class="para1" eId="section-216-2-b"><num>(b)</num><content><p><mod>for section 315 substitute—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><section eId="d28e34054"><num>315</num><heading>Penalties</heading><subsection eId="d28e34058"><num>(1)</num><content><p>A person who fails to comply with a duty imposed by a provision mentioned in the first column of the table is liable to a penalty not exceeding the amount specified in relation to that provision in the second column.</p><tblock class="table" ukl:Orientation="portrait"><foreign><default:table xmlns="http://www.w3.org/1999/xhtml"><default:colgroup><default:col style="width:33.33%"/><default:col style="width:66.66%"/></default:colgroup><default:thead><default:tr><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0"><b><i>Provision</i></b></p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0"><b><i>Maximum penalty amount</i></b></p></default:th></default:tr></default:thead><default:tbody><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Section 308(1) or (3) (promoter’s duty to notify)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">The applicable rate for each day on which the person fails to comply or, if subsection <ref href="#d28e34221">(3)</ref> applies, £1 million</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Section 309(1) (client’s duty to notify: no UK promoter)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">The applicable rate for each day on which the person fails to comply or, if subsection <ref href="#d28e34221">(3)</ref> applies, £1 million</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Section 310 (client’s duty to notify: no promoter)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">The applicable rate for each day on which the person fails to comply or, if subsection <ref href="#d28e34221">(3)</ref> applies, £1 million</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Section 310A (duty to provide further information)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">The applicable rate for each day on which the person fails to comply or, if subsection <ref href="#d28e34221">(3)</ref> applies, £1 million</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Section 310C (promoter’s duty to update information)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£5,000</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Section 311C (duty to provide further information: section 311(3) case)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">The applicable rate for each day on which the person fails to comply or, if subsection <ref href="#d28e34221">(3)</ref> applies, £1 million</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Section 312(2) (promoter’s duty to notify client of SRN)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£5,000</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Section 312ZA(2) (duty to notify client of SRN: section 311(3) case)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£5,000</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Section 312A(2) or (2A) (client’s duty to notify other persons of SRN)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£5,000</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Section 312B (client’s duty to provide client information to promoter or service provider)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£5,000</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Section 313(1) or regulations under section 313(3) (other party’s duty to provide information)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">The amount specified in subsection <ref href="#d28e34227">(4)</ref></p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Section 313ZA (promoter’s or service provider’s duty to provide client information)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£5,000</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Section 313ZB (service provider’s duty to provide other party’s information)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£5,000</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Section 313ZC (employer’s duty to provide employee information)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£5,000</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Section 313A (duty to provide statement on notifiability)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£5,000</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Section 313B (duty to provide supporting evidence on notifiability)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£5,000</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Section 313C (introducer’s duty to provide other person’s information)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£5,000</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Section 316A (duty to provide information in addition to SRN to client or other persons)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£5,000</p></default:td></default:tr></default:tbody></default:table></foreign></tblock></content></subsection><subsection eId="d28e34188"><num>(2)</num><intro><p>The “<term refersTo="#term-applicable-rate">applicable rate</term>” means—</p></intro><level class="para1"><num>(a)</num><content><p>£600, or</p></content></level><level class="para1"><num>(b)</num><intro><p>where an order has been made under section 306A or 314A (orders about notifiability) in respect of the arrangements or proposal in relation to which the person fails to comply—</p></intro><level class="para2"><num>(i)</num><content><p>£600 for each day falling before the end of the period of ten days beginning with the day on which the order was made, and</p></content></level><level class="para2"><num>(ii)</num><content><p>£5,000 for each day falling after the end of that period.</p></content></level></level></subsection><subsection eId="d28e34221"><num>(3)</num><content><p>This subsection applies where an authorised officer considers that the amount otherwise specified in relation to the provision is inappropriately low.</p></content></subsection><subsection eId="d28e34227"><num>(4)</num><intro><p>The amount specified for section 313(1) or regulations under section 313(3) is—</p></intro><level class="para1"><num>(a)</num><content><p>£10,000, if the person has failed to comply with the section or regulations on two or more other occasions during the period of 36 months ending with the date of the current failure,</p></content></level><level class="para1"><num>(b)</num><content><p>£7,500, if the person has failed to comply with the section or regulations on one other occasion during the period of 36 months ending with the date of the current failure, or</p></content></level><level class="para1"><num>(c)</num><content><p>£5,000, in any other case.</p></content></level></subsection><subsection eId="d28e34251"><num>(5)</num><intro><p>In subsection <ref href="#d28e34058">(1)</ref>, a reference to a day on which a person fails to comply with a duty is a reference to a day that—</p></intro><level class="para1"><num>(a)</num><content><p>begins after the day by which the person was required to comply with the duty, and</p></content></level><level class="para1"><num>(b)</num><intro><p>ends before the earlier of—</p></intro><level class="para2"><num>(i)</num><content><p>the day on which the person complies with the duty,</p></content></level><level class="para2"><num>(ii)</num><content><p>the day on which any reference number is allocated to the arrangements or proposed arrangements concerned in the circumstances described in subsection <ref href="#d28e34296">(6)</ref>, and</p></content></level><level class="para2"><num>(iii)</num><content><p>the day on which a penalty under subsection <ref href="#d28e34058">(1)</ref> is imposed in relation to the failure.</p></content></level></level></subsection><subsection eId="d28e34296"><num>(6)</num><intro><p>The circumstances are—</p></intro><level class="para1"><num>(a)</num><content><p>the duty referred to in subsection <ref href="#d28e34251">(5)</ref> is a duty imposed by section 308(1) or (3), 309(1) or 310, and</p></content></level><level class="para1"><num>(b)</num><content><p>it is a case within section 311(3).</p></content></level></subsection></section><section eId="d28e34320"><num>315A</num><heading>Further penalties</heading><subsection eId="d28e34324"><num>(1)</num><intro><p>If—</p></intro><level class="para1"><num>(a)</num><content><p>a penalty under section <ref href="#d28e34054">315</ref> is imposed in relation to a person’s failure to comply with a duty, and</p></content></level><level class="para1"><num>(b)</num><content><p>after the penalty has been imposed, the person continues to fail to comply with the duty,</p></content></level><wrapUp><p>the person is liable to a further penalty not exceeding the applicable rate (as defined in section <ref href="#d28e34054">315</ref><ref href="#d28e34188">(2)</ref>) for each day on which the failure continues.</p></wrapUp></subsection><subsection><num>(2)</num><content><p>Subsection <ref href="#d28e34324">(1)</ref> does not apply to a failure to comply with a duty imposed by section 313(1) or regulations under section 313(3).</p></content></subsection></section><section><num>315B</num><heading>Determination of penalties</heading><subsection><num>(1)</num><content><p>A penalty under this Part is to be treated as a penalty under a provision of the Taxes Acts and, accordingly, is a penalty to be determined and imposed by an authorised officer under section 100(1) of TMA 1970.</p></content></subsection><subsection><num>(2)</num><intro><p>In determining an amount of a specified penalty (including considering whether an amount is inappropriately low under section <ref href="#d28e34054">315</ref><ref href="#d28e34221">(3)</ref>), the authorised officer must have regard to all relevant considerations, including—</p></intro><level class="para1"><num>(a)</num><content><p>the desirability of the penalty being set at a level which appears appropriate for deterring the person, or other persons, from similar failures to comply on future occasions;</p></content></level><level class="para1"><num>(b)</num><content><p>the amount of any fees received, or likely to have been received, by the person in connection with the proposal or arrangements concerned;</p></content></level><level class="para1"><num>(c)</num><content><p>in the case of a person entering into the arrangements, the amount of any advantage gained, or sought to be gained, by that person.</p></content></level></subsection><subsection><num>(3)</num><content><p>In this section, a “specified penalty” is a penalty under section <ref href="#d28e34054">315</ref> that is imposed in relation to a person’s failure to comply with a duty imposed by section 308(1) or (3), 309(1), 310, 310A or 311C.</p></content></subsection></section><section><num>315C</num><heading>Failure to comply with time limit</heading><content><p>A failure to do anything required to be done within a limited period of time does not give rise to liability to a penalty under section <ref href="#d28e34054">315</ref> or <ref href="#d28e34320">315A</ref> if the person did it within such further time, if any, as an officer of Revenue and Customs or the tribunal may have allowed.</p></content></section><section eId="d28e34430"><num>315D</num><heading>Other exemptions from liability to a penalty</heading><subsection eId="d28e34434"><num>(1)</num><intro><p>A person is deemed not to have failed to comply with a duty imposed by a provision mentioned in the first column of the table in section <ref href="#d28e34054">315</ref><ref href="#d28e34058">(1)</ref> if the person had a reasonable excuse for the failure and—</p></intro><level class="para1"><num>(a)</num><content><p>the reasonable excuse continues to apply, or</p></content></level><level class="para1"><num>(b)</num><content><p>the reasonable excuse has ceased to apply, but the person complied with the duty without unreasonable delay after the cessation.</p></content></level></subsection><subsection><num>(2)</num><intro><p>Where an order is made under section 306A or 314A—</p></intro><level class="para1"><num>(a)</num><content><p>the order is not evidence that a person either does or does not have a reasonable excuse for non-compliance before the order was made, and</p></content></level><level class="para1"><num>(b)</num><content><p>the person identified in the order as the promoter cannot rely on doubt as to notifiability as a reasonable excuse for a failure to comply with section 308.</p></content></level></subsection><subsection><num>(3)</num><intro><p>Where a person fails to comply with—</p></intro><level class="para1"><num>(a)</num><content><p>section 309 and the promoter for the purposes of that section is a monitored promoter, or</p></content></level><level class="para1"><num>(b)</num><content><p>section 310 and the arrangements for the purposes of that section are arrangements of a monitored promoter,</p></content></level><wrapUp><p>then any legal advice which was given or procured by that monitored promoter and which the person took into account is to be disregarded in determining whether the person has a reasonable excuse for the failure.</p></wrapUp></subsection><subsection><num>(4)</num><intro><p>In determining whether or not a person who is a monitored promoter has a reasonable excuse for a failure to do anything required to be done, reliance on legal advice does not constitute a reasonable excuse if either—</p></intro><level class="para1"><num>(a)</num><content><p>the advice was not based on a full and accurate description of the facts, or</p></content></level><level class="para1"><num>(b)</num><content><p>the conclusions in the advice that the person relied on were unreasonable.</p></content></level></subsection><subsection><num>(5)</num><content><p>For the purposes of this section, “<term refersTo="#term-monitored-promoter">monitored promoter</term>” has the meaning given by section 244(5) of FA 2014.</p></content></subsection></section><section><num>315E</num><heading>Regulations to vary amounts</heading><subsection><num>(1)</num><content><p>The Treasury may by regulations make provision for the purpose of varying any of the amounts specified in section <ref href="#d28e34054">315</ref> or <ref href="#d28e34320">315A</ref>.</p></content></subsection><subsection><num>(2)</num><intro><p>Regulations under this section—</p></intro><level class="para1"><num>(a)</num><content><p>must be made by statutory instrument, and</p></content></level><level class="para1"><num>(b)</num><content><p>may not be made unless a draft has been laid before and approved by resolution of the House of Commons.</p></content></level></subsection></section></quotedStructure><inline name="appendText">;</inline></mod></p></content></level><level class="para1" eId="section-216-2-c"><num>(c)</num><content><p><mod>in <ref eId="c00310" href="https://www.legislation.gov.uk/ukpga/2004/12/section/318">section 318</ref>, in the appropriate places insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><hcontainer name="definition"><content><p>“<term refersTo="#term-authorised-officer">authorised officer</term>” means an officer of Revenue and Customs authorised by His Majesty’s Revenue and Customs for the purposes of this Part or, as the case may be, section 100 of TMA 1970;</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-taxes-acts">Taxes Acts</term>” has the same meaning as in TMA 1970 (see section 118(1) of that Act);</p></content></hcontainer></quotedStructure><inline name="appendText">.</inline></mod></p></content></level></subsection><subsection eId="section-216-3"><num>(3)</num><intro><p>In <ref eId="c00311" href="https://www.legislation.gov.uk/ukpga/2017/32/schedule/17/part/2">Part 2</ref> of <ref eId="c00312" href="https://www.legislation.gov.uk/ukpga/2017/32/schedule/17">Schedule 17</ref> to <ref eId="c00313" href="https://www.legislation.gov.uk/ukpga/2017/32/contents">F(No.2)A 2017</ref> (disclosure of tax avoidance schemes: VAT and other indirect taxes)—</p></intro><level class="para1" eId="section-216-3-a"><num>(a)</num><content><p>in the cross heading before paragraph 39 omit “(apart from paragraph 26)”;</p></content></level><level class="para1" eId="section-216-3-b"><num>(b)</num><content><p><mod>for paragraphs 39 to 44 substitute—<quotedStructure startQuote="“" endQuote="”" uk:context="schedule" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="schedule" ukl:Format="double"><paragraph eId="d28e34616" class="schProv1"><num>39</num><subparagraph eId="d28e34620"><num>(1)</num><content><p>A person who fails to comply with a duty imposed by a provision of Part 1 of this Schedule mentioned in the first column of the table is liable to a penalty not exceeding the amount specified in relation to that provision in the second column.</p><tblock class="table" ukl:Orientation="portrait"><foreign><default:table xmlns="http://www.w3.org/1999/xhtml"><default:colgroup><default:col style="width:33.34%"/><default:col style="width:66.66%"/></default:colgroup><default:thead><default:tr><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Provision</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Maximum penalty amount</p></default:th></default:tr></default:thead><default:tbody><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Paragraph 11(1) or 12(1) (promoter’s duty to notify)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">The applicable rate for each day on which the person fails to comply or, if sub-paragraph <ref href="#d28e34774">(3)</ref> applies, £1 million</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Paragraph 17(2) (client’s duty to notify: no UK promoter)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">The applicable rate for each day on which the person fails to comply or, if sub-paragraph <ref href="#d28e34774">(3)</ref> applies, £1 million</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Paragraph 18(2) (client’s duty to notify: no promoter)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">The applicable rate for each day on which the person fails to comply or, if sub-paragraph <ref href="#d28e34774">(3)</ref> applies, £1 million</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Paragraph 19 (duty to provide further information)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">The applicable rate for each day on which the person fails to comply or, if sub-paragraph <ref href="#d28e34774">(3)</ref> applies, £1 million</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Paragraph 21 (promoter’s duty to update information)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£5,000</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Paragraph 22C (duty to provide further information: paragraph 22(3) case)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">The applicable rate for each day on which the person fails to comply or, if sub-paragraph <ref href="#d28e34774">(3)</ref> applies, £1 million</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Paragraph 23(2) (promoter’s duty to notify client of SRN)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£5,000</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Paragraph 23A(2) (duty to notify client of SRN: paragraph 22(3) case)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£5,000</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Paragraph 24(3) (client’s duty to notify other persons of SRN)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£5,000</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Paragraph 25(2) (client’s duty to provide client information to promoter or service provider)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£5,000</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Paragraph 26(1) or regulations under paragraph 26(3) (other party’s duty to provide information)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">The amount specified in sub-paragraph <ref href="#d28e34780">(4)</ref></p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Paragraph 27(3) (promoter’s or service provider’s duty to provide client information)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£5,000</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Paragraph 28 (service provider’s duty to provide other party’s information)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£5,000</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Paragraph 29 (duty to provide statement on notifiability)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£5,000</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Paragraph 30 (duty to provide supporting evidence on notifiability)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£5,000</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Paragraph 31 (introducer’s duty to provide other person’s information)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£5,000</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Paragraph 33 (duty to provide information in addition to SRN to client or other persons)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£5,000</p></default:td></default:tr></default:tbody></default:table></foreign></tblock></content></subparagraph><subparagraph eId="d28e34741"><num>(2)</num><intro><p>The “<term refersTo="#term-applicable-rate">applicable rate</term>” means—</p></intro><level class="para1"><num>(a)</num><content><p>£600, or</p></content></level><level class="para1" eId="d28e34756"><num>(b)</num><intro><p>where an order has been made under paragraph 4 or 5 (orders about notifiability) in respect of the arrangements or proposal in relation to which the person fails to comply—</p></intro><level class="para2"><num>(i)</num><content><p>£600 for each day falling before the end of the period of eleven days beginning with the day on which the order was made, and</p></content></level><level class="para2"><num>(ii)</num><content><p>£5,000 for each day falling after the end of that period.</p></content></level></level></subparagraph><subparagraph eId="d28e34774"><num>(3)</num><content><p>This sub-paragraph applies where an authorised officer considers that the amount otherwise specified in relation to the provision is inappropriately low.</p></content></subparagraph><subparagraph eId="d28e34780"><num>(4)</num><intro><p>The amount specified for paragraph 26(1) or regulations under paragraph 26(3) is—</p></intro><level class="para1"><num>(a)</num><content><p>£10,000, if the person has failed to comply with the paragraph or regulations on two or more other occasions during the period of 36 months ending with the date of the current failure,</p></content></level><level class="para1"><num>(b)</num><content><p>£7,500, if the person has failed to comply with the paragraph or regulations on one other occasion during the period of 36 months ending with the date of the current failure, or</p></content></level><level class="para1"><num>(c)</num><content><p>£5,000, in any other case.</p></content></level></subparagraph><subparagraph eId="d28e34804"><num>(5)</num><intro><p>In sub-paragraph <ref href="#d28e34620">(1)</ref>, a reference to a day on which a person fails to comply with a duty is a reference to a day that—</p></intro><level class="para1"><num>(a)</num><content><p>begins after the day by which the person was required to comply with the duty, and</p></content></level><level class="para1"><num>(b)</num><intro><p>ends before the earlier of—</p></intro><level class="para2"><num>(i)</num><content><p>the day on which the person complies with the duty,</p></content></level><level class="para2"><num>(ii)</num><content><p>the day on which any reference number is allocated to the arrangements or proposed arrangements concerned in the circumstances described in sub-paragraph <ref href="#d28e34849">(6)</ref>, and</p></content></level><level class="para2"><num>(iii)</num><content><p>the day on which a penalty under <ref href="#d28e34620">sub-paragraph (1)</ref> is imposed in relation to the failure.</p></content></level></level></subparagraph><subparagraph eId="d28e34849"><num>(6)</num><intro><p>The circumstances are—</p></intro><level class="para1"><num>(a)</num><content><p>the duty referred to in sub-paragraph <ref href="#d28e34804">(5)</ref> is a duty imposed by paragraph 11(1), 12(1), 17(2) or 18(2), and</p></content></level><level class="para1"><num>(b)</num><content><p>it is a case within paragraph 22(3).</p></content></level></subparagraph><subparagraph><num>(7)</num><content><p>In this paragraph “<term refersTo="#term-authorised-officer">authorised officer</term>” means an officer of Revenue and Customs authorised by HMRC for the purposes of this paragraph.</p></content></subparagraph></paragraph><paragraph eId="d28e34879" class="schProv1"><num>40</num><subparagraph eId="d28e34883"><num>(1)</num><intro><p>If—</p></intro><level class="para1"><num>(a)</num><content><p>a penalty under paragraph <ref href="#d28e34616">39</ref> is imposed in relation to a person’s failure to comply with a duty, and</p></content></level><level class="para1"><num>(b)</num><content><p>after the penalty has been imposed, the person continues to fail to comply with the duty,</p></content></level><wrapUp><p>the person is liable to a further penalty not exceeding the applicable rate (as defined in paragraph <ref href="#d28e34616">39</ref><ref href="#d28e34741">(2)</ref>) for each day on which the failure continues.</p></wrapUp></subparagraph><subparagraph><num>(2)</num><content><p>Sub-paragraph <ref href="#d28e34883">(1)</ref> does not apply to a failure to comply with a duty imposed by paragraph 26(1) or regulations under paragraph 26(3).</p></content></subparagraph></paragraph><paragraph class="schProv1"><num>41</num><subparagraph><num>(1)</num><intro><p>In assessing the amount of a specified penalty (including considering whether an amount is inappropriately low under paragraph <ref href="#d28e34616">39</ref><ref href="#d28e34774">(3)</ref>), an authorised officer must have regard to all relevant considerations, including—</p></intro><level class="para1"><num>(a)</num><content><p>the desirability of the penalty being set at a level which appears appropriate for deterring the person, or other persons, from similar failures to comply on future occasions;</p></content></level><level class="para1"><num>(b)</num><content><p>the amount of any fees received, or likely to have been received, by the person in connection with the proposal or arrangements concerned;</p></content></level><level class="para1"><num>(c)</num><content><p>in the case of a person entering into the arrangements, the amount of any advantage gained, or sought to be gained, by that person.</p></content></level></subparagraph><subparagraph><num>(2)</num><intro><p>In this paragraph—</p></intro><level class="para1"><num>(a)</num><content><p>“<term refersTo="#term-authorised-officer">authorised officer</term>” means an officer of Revenue and Customs authorised by HMRC for the purposes of this paragraph;</p></content></level><level class="para1"><num>(b)</num><content><p>a “specified penalty” is a penalty under paragraph <ref href="#d28e34616">39</ref> that is imposed in relation to a person’s failure to comply with a duty imposed by paragraph 11(1), 12(1), 17(2), 18(2), 19 or 22C.</p></content></level></subparagraph></paragraph><paragraph class="schProv1"><num>42</num><subparagraph><num>(1)</num><content><p>The Treasury may by regulations make provision for the purpose of varying any of the amounts specified in paragraph <ref href="#d28e34616">39</ref> or <ref href="#d28e34879">40</ref>.</p></content></subparagraph><subparagraph><num>(2)</num><content><p>Regulations under this paragraph may include incidental or transitional provision.</p></content></subparagraph></paragraph></quotedStructure><inline name="appendText">;</inline></mod></p></content></level><level class="para1" eId="section-216-3-c"><num>(c)</num><content><p>omit <ref eId="c00314" href="https://www.legislation.gov.uk/ukpga/2017/32/schedule/17/paragraph/45">paragraph 45</ref> and the cross heading before paragraph 45;</p></content></level><level class="para1" eId="section-216-3-d"><num>(d)</num><content><p>in the italic cross heading before paragraph 46, omit “under paragraph 39(1)(b) or 44”;</p></content></level><level class="para1" eId="section-216-3-e"><num>(e)</num><content><p><mod>in <ref eId="c00315" href="https://www.legislation.gov.uk/ukpga/2017/32/schedule/17/paragraph/46">paragraph 46</ref><ref eId="c00316" href="https://www.legislation.gov.uk/ukpga/2017/32/schedule/17/paragraph/46">(1)</ref>, for “39(1)(b) or 44” substitute <quotedText>“<ref href="#d28e34616">39</ref> or <ref href="#d28e34879">40</ref>”</quotedText>;</mod></p></content></level><level class="para1" eId="section-216-3-f"><num>(f)</num><content><p><mod>in <ref eId="c00317" href="https://www.legislation.gov.uk/ukpga/2017/32/schedule/17/paragraph/49">paragraph 49</ref><ref eId="c00318" href="https://www.legislation.gov.uk/ukpga/2017/32/schedule/17/paragraph/49">(2)</ref><ref eId="c00319" href="https://www.legislation.gov.uk/ukpga/2017/32/schedule/17/paragraph/49">(a)</ref>, for “prescribed period mentioned in paragraph 41” substitute <quotedText>“period mentioned in paragraph <ref href="#d28e34616">39</ref><ref href="#d28e34741">(2)</ref><ref href="#d28e34756">(b)</ref>”</quotedText>.</mod></p></content></level></subsection></section><section eId="section-217"><num>217</num><heading>Removal of time limits on publication by HMRC</heading><subsection eId="section-217-1"><num>(1)</num><content><p>In <ref eId="c00320" href="https://www.legislation.gov.uk/ukpga/2004/12/part/7">Part 7</ref> of <ref eId="c00321" href="https://www.legislation.gov.uk/ukpga/2004/12/contents">FA 2004</ref> (disclosure of tax avoidance schemes), in <ref eId="c00322" href="https://www.legislation.gov.uk/ukpga/2004/12/section/316C">section 316C</ref> (publication by HMRC), omit <ref eId="c00323" href="https://www.legislation.gov.uk/ukpga/2004/12/section/316C">subsections (6A)</ref> and <ref eId="c00324" href="https://www.legislation.gov.uk/ukpga/2004/12/section/316C">(6B)</ref>.</p></content></subsection><subsection eId="section-217-2"><num>(2)</num><content><p>In <ref eId="c00325" href="https://www.legislation.gov.uk/ukpga/2017/32/schedule/17/part/1">Part 1</ref> of <ref eId="c00326" href="https://www.legislation.gov.uk/ukpga/2017/32/schedule/17">Schedule 17</ref> to <ref eId="c00327" href="https://www.legislation.gov.uk/ukpga/2017/32/contents">F(No.2)A 2017</ref> (disclosure of tax avoidance schemes: VAT and other indirect taxes), in <ref eId="c00328" href="https://www.legislation.gov.uk/ukpga/2017/32/schedule/17/paragraph/36">paragraph 36</ref> (publication by HMRC), omit <ref eId="c00329" href="https://www.legislation.gov.uk/ukpga/2017/32/schedule/17/paragraph/36">sub-paragraphs (7)</ref> and <ref eId="c00330" href="https://www.legislation.gov.uk/ukpga/2017/32/schedule/17/paragraph/36">(8)</ref>.</p></content></subsection></section><section eId="section-218"><num>218</num><heading>Consequential amendments</heading><subsection eId="section-218-1"><num>(1)</num><intro><p>In <ref eId="c00331" href="https://www.legislation.gov.uk/ukpga/2014/26/schedule/34/paragraph/5">paragraph 5</ref> of <ref eId="c00332" href="https://www.legislation.gov.uk/ukpga/2014/26/schedule/34">Schedule 34</ref> to <ref eId="c00333" href="https://www.legislation.gov.uk/ukpga/2014/26/contents">FA 2014</ref> (promoters of tax avoidance schemes: threshold conditions)—</p></intro><level class="para1" eId="section-218-1-a"><num>(a)</num><content><p><mod>in <ref eId="c00334" href="https://www.legislation.gov.uk/ukpga/2014/26/schedule/34/paragraph/5">sub-paragraph (3)</ref><ref eId="c00335" href="https://www.legislation.gov.uk/ukpga/2014/26/schedule/34/paragraph/5">(a)</ref>, for “the tribunal” substitute <quotedText>“an authorised officer”</quotedText>;</mod></p></content></level><level class="para1" eId="section-218-1-b"><num>(b)</num><intro><p>in <ref eId="c00336" href="https://www.legislation.gov.uk/ukpga/2014/26/schedule/34/paragraph/5">sub-paragraph (4)</ref><ref eId="c00337" href="https://www.legislation.gov.uk/ukpga/2014/26/schedule/34/paragraph/5">(a)</ref>—</p></intro><level class="para2" eId="section-218-1-b-i"><num>(i)</num><content><p><mod>at the beginning insert <quotedText>“on appeal,”</quotedText>;</mod></p></content></level><level class="para2" eId="section-218-1-b-ii"><num>(ii)</num><content><p><mod>for “section 118(2) of TMA 1970” substitute <quotedText>“section <ref href="#d28e34430">315D</ref><ref href="#d28e34434">(1)</ref> of FA 2004”</quotedText>;</mod></p></content></level></level><level class="para1" eId="section-218-1-c"><num>(c)</num><content><p><mod>for sub-paragraph (6) substitute—<quotedStructure startQuote="“" endQuote="”" uk:context="schedule" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="schedule" ukl:Format="double"><subparagraph><num>(6)</num><intro><p>For the purposes of this paragraph—</p></intro><hcontainer name="definition"><intro><p>“<term refersTo="#term-appeal-period">appeal period</term>” means—</p></intro><level class="para1"><num>(a)</num><content><p>the period during which an appeal could be brought against the determination of an authorised officer or the tribunal, as applicable, or</p></content></level><level class="para1"><num>(b)</num><content><p>where an appeal mentioned in paragraph (a) has been brought, the period during which that appeal has not been finally determined, withdrawn or otherwise disposed of;</p></content></level></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-authorised-officer">authorised officer</term>” means an officer of Revenue and Customs who is, or is a member of a class of officers who are, authorised by HMRC for the purposes of the provision concerned.</p></content></hcontainer></subparagraph></quotedStructure><inline name="appendText">.</inline></mod></p></content></level></subsection><subsection eId="section-218-2"><num>(2)</num><content><p><mod>In <ref eId="c00338" href="https://www.legislation.gov.uk/ukpga/2020/14/schedule/13/paragraph/5">paragraph 5</ref> of <ref eId="c00339" href="https://www.legislation.gov.uk/ukpga/2020/14/schedule/13">Schedule 13</ref> to <ref eId="c00340" href="https://www.legislation.gov.uk/ukpga/2020/14/contents">FA 2020</ref> (joint and several liability of company directors), for sub-paragraph (6)(a) substitute—<quotedStructure startQuote="“" endQuote="”" uk:context="schedule" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="schedule" ukl:Format="double"><level class="para1"><num>(a)</num><content><p>sections 315 and 315A of FA 2004 (penalties for non-disclosure of tax avoidance schemes);</p></content></level></quotedStructure><inline name="appendText">.</inline></mod></p></content></subsection><subsection eId="section-218-3"><num>(3)</num><intro><p>In <ref eId="c00341" href="https://www.legislation.gov.uk/ukpga/1992/5/section/132A">section 132A</ref><ref eId="c00342" href="https://www.legislation.gov.uk/ukpga/1992/5/section/132A">(2)</ref> of the <ref eId="c00343" href="https://www.legislation.gov.uk/ukpga/1992/5/contents">Social Security Administration Act 1992</ref> (disclosure of contributions avoidance arrangements)—</p></intro><level class="para1" eId="section-218-3-a"><num>(a)</num><content><p><mod>in <ref eId="c00344" href="https://www.legislation.gov.uk/ukpga/1992/5/section/132A">paragraph (a)</ref>, at the end insert <quotedText>“or to a penalty under that Part”</quotedText>;</mod></p></content></level><level class="para1" eId="section-218-3-b"><num>(b)</num><intro><p>in <ref eId="c00345" href="https://www.legislation.gov.uk/ukpga/1992/5/section/132A">paragraph (b)</ref>—</p></intro><level class="para2" eId="section-218-3-b-i"><num>(i)</num><content><p><mod>for “section 98C of the Taxes Management Act 1970 (penalties for failure to comply with Part 7 of the Finance Act 2004) and any other” substitute <quotedText>“any”</quotedText>;</mod></p></content></level><level class="para2" eId="section-218-3-b-ii"><num>(ii)</num><content><p><mod>for “that section” substitute <quotedText>“Part 7 of the Finance Act 2004”</quotedText>.</mod></p></content></level></level></subsection><subsection eId="section-218-4"><num>(4)</num><intro><p>In <ref eId="c00346" href="https://www.legislation.gov.uk/ukpga/2022/3/contents">FA 2022</ref>—</p></intro><level class="para1" eId="section-218-4-a"><num>(a)</num><intro><p>in <ref eId="c00347" href="https://www.legislation.gov.uk/ukpga/2022/3/section/90">section 90</ref><ref eId="c00348" href="https://www.legislation.gov.uk/ukpga/2022/3/section/90">(3)</ref> (freezing orders: interpretation etc)—</p></intro><level class="para2" eId="section-218-4-a-i"><num>(i)</num><content><p>omit <ref eId="c00349" href="https://www.legislation.gov.uk/ukpga/2022/3/section/90">paragraph (a)</ref>;</p></content></level><level class="para2" eId="section-218-4-a-ii"><num>(ii)</num><content><p>omit <ref eId="c00350" href="https://www.legislation.gov.uk/ukpga/2022/3/section/90">paragraph (d)</ref>;</p></content></level></level><level class="para1" eId="section-218-4-b"><num>(b)</num><content><p><mod>in <ref eId="c00351" href="https://www.legislation.gov.uk/ukpga/2022/3/schedule/13">Schedule 13</ref> (penalties for facilitating avoidance schemes involving non-resident promoters), in <ref eId="c00352" href="https://www.legislation.gov.uk/ukpga/2022/3/schedule/13/paragraph/1">paragraph 1</ref><ref eId="c00353" href="https://www.legislation.gov.uk/ukpga/2022/3/schedule/13/paragraph/1">(4)</ref>, for <ref href="#section-218-4-a">paragraph (a)</ref> substitute—<quotedStructure startQuote="“" endQuote="”" uk:context="schedule" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="schedule" ukl:Format="double"><level class="para1"><num>(a)</num><content><p>section <ref href="#d28e34054">315</ref> or 315A of FA 2004 (disclosure of tax avoidance schemes);</p></content></level></quotedStructure><inline name="appendText">.</inline></mod></p></content></level></subsection></section><section eId="section-219"><num>219</num><heading>Commencement</heading><content><p>The amendments made by sections <ref href="#section-216">216</ref> and <ref href="#section-218">218</ref> do not have effect in relation to a penalty for which proceedings have been commenced under section 100C TMA or paragraph 45 of Schedule 17 to F(No.2)A 2017 before sections <ref href="#section-216">216</ref> and <ref href="#section-218">218</ref> come into force.</p></content></section></hcontainer>
<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" xmlns:default="http://www.w3.org/1999/xhtml" eId="section-216"><num>216</num><heading>Penalties for non-disclosure of tax avoidance schemes</heading><subsection eId="section-216-1"><num>(1)</num><intro><p>In <ref eId="c00300" href="https://www.legislation.gov.uk/ukpga/1970/9/contents">TMA 1970</ref>—</p></intro><level class="para1" eId="section-216-1-a"><num>(a)</num><content><p>omit <ref eId="c00301" href="https://www.legislation.gov.uk/ukpga/1970/9/section/98C">section 98C</ref> (notifications under Part 7 of FA 2004);</p></content></level><level class="para1" eId="section-216-1-b"><num>(b)</num><content><p>in <ref eId="c00302" href="https://www.legislation.gov.uk/ukpga/1970/9/section/100">section 100</ref><ref eId="c00303" href="https://www.legislation.gov.uk/ukpga/1970/9/section/100">(2)</ref> (determination of penalties by an officer of the Board), omit <ref eId="c00304" href="https://www.legislation.gov.uk/ukpga/1970/9/section/100">paragraph (f)</ref>;</p></content></level><level class="para1" eId="section-216-1-c"><num>(c)</num><content><p>in <ref eId="c00305" href="https://www.legislation.gov.uk/ukpga/1970/9/section/103A">section 103A</ref> (interest on penalties), omit “(other than section 98C)”.</p></content></level></subsection><subsection eId="section-216-2"><num>(2)</num><intro><p>In <ref eId="c00306" href="https://www.legislation.gov.uk/ukpga/2004/12/part/7">Part 7</ref> of <ref eId="c00307" href="https://www.legislation.gov.uk/ukpga/2004/12/contents">FA 2004</ref> (disclosure of tax avoidance schemes)—</p></intro><level class="para1" eId="section-216-2-a"><num>(a)</num><content><p><mod>in <ref eId="c00308" href="https://www.legislation.gov.uk/ukpga/2004/12/section/313">section 313</ref><ref eId="c00309" href="https://www.legislation.gov.uk/ukpga/2004/12/section/313">(4)</ref>, for “98C of the Taxes Management Act 1970” substitute <quotedText>“315”</quotedText>;</mod></p></content></level><level class="para1" eId="section-216-2-b"><num>(b)</num><content><p><mod>for section 315 substitute—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><section eId="d28e34054"><num>315</num><heading>Penalties</heading><subsection eId="d28e34058"><num>(1)</num><content><p>A person who fails to comply with a duty imposed by a provision mentioned in the first column of the table is liable to a penalty not exceeding the amount specified in relation to that provision in the second column.</p><tblock class="table" ukl:Orientation="portrait"><foreign><default:table xmlns="http://www.w3.org/1999/xhtml"><default:colgroup><default:col style="width:33.33%"/><default:col style="width:66.66%"/></default:colgroup><default:thead><default:tr><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0"><b><i>Provision</i></b></p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0"><b><i>Maximum penalty amount</i></b></p></default:th></default:tr></default:thead><default:tbody><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Section 308(1) or (3) (promoter’s duty to notify)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">The applicable rate for each day on which the person fails to comply or, if subsection <ref href="#d28e34221">(3)</ref> applies, £1 million</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Section 309(1) (client’s duty to notify: no UK promoter)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">The applicable rate for each day on which the person fails to comply or, if subsection <ref href="#d28e34221">(3)</ref> applies, £1 million</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Section 310 (client’s duty to notify: no promoter)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">The applicable rate for each day on which the person fails to comply or, if subsection <ref href="#d28e34221">(3)</ref> applies, £1 million</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Section 310A (duty to provide further information)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">The applicable rate for each day on which the person fails to comply or, if subsection <ref href="#d28e34221">(3)</ref> applies, £1 million</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Section 310C (promoter’s duty to update information)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£5,000</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Section 311C (duty to provide further information: section 311(3) case)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">The applicable rate for each day on which the person fails to comply or, if subsection <ref href="#d28e34221">(3)</ref> applies, £1 million</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Section 312(2) (promoter’s duty to notify client of SRN)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£5,000</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Section 312ZA(2) (duty to notify client of SRN: section 311(3) case)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£5,000</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Section 312A(2) or (2A) (client’s duty to notify other persons of SRN)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£5,000</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Section 312B (client’s duty to provide client information to promoter or service provider)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£5,000</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Section 313(1) or regulations under section 313(3) (other party’s duty to provide information)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">The amount specified in subsection <ref href="#d28e34227">(4)</ref></p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Section 313ZA (promoter’s or service provider’s duty to provide client information)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£5,000</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Section 313ZB (service provider’s duty to provide other party’s information)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£5,000</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Section 313ZC (employer’s duty to provide employee information)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£5,000</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Section 313A (duty to provide statement on notifiability)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£5,000</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Section 313B (duty to provide supporting evidence on notifiability)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£5,000</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Section 313C (introducer’s duty to provide other person’s information)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£5,000</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Section 316A (duty to provide information in addition to SRN to client or other persons)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£5,000</p></default:td></default:tr></default:tbody></default:table></foreign></tblock></content></subsection><subsection eId="d28e34188"><num>(2)</num><intro><p>The “<term refersTo="#term-applicable-rate">applicable rate</term>” means—</p></intro><level class="para1"><num>(a)</num><content><p>£600, or</p></content></level><level class="para1"><num>(b)</num><intro><p>where an order has been made under section 306A or 314A (orders about notifiability) in respect of the arrangements or proposal in relation to which the person fails to comply—</p></intro><level class="para2"><num>(i)</num><content><p>£600 for each day falling before the end of the period of ten days beginning with the day on which the order was made, and</p></content></level><level class="para2"><num>(ii)</num><content><p>£5,000 for each day falling after the end of that period.</p></content></level></level></subsection><subsection eId="d28e34221"><num>(3)</num><content><p>This subsection applies where an authorised officer considers that the amount otherwise specified in relation to the provision is inappropriately low.</p></content></subsection><subsection eId="d28e34227"><num>(4)</num><intro><p>The amount specified for section 313(1) or regulations under section 313(3) is—</p></intro><level class="para1"><num>(a)</num><content><p>£10,000, if the person has failed to comply with the section or regulations on two or more other occasions during the period of 36 months ending with the date of the current failure,</p></content></level><level class="para1"><num>(b)</num><content><p>£7,500, if the person has failed to comply with the section or regulations on one other occasion during the period of 36 months ending with the date of the current failure, or</p></content></level><level class="para1"><num>(c)</num><content><p>£5,000, in any other case.</p></content></level></subsection><subsection eId="d28e34251"><num>(5)</num><intro><p>In subsection <ref href="#d28e34058">(1)</ref>, a reference to a day on which a person fails to comply with a duty is a reference to a day that—</p></intro><level class="para1"><num>(a)</num><content><p>begins after the day by which the person was required to comply with the duty, and</p></content></level><level class="para1"><num>(b)</num><intro><p>ends before the earlier of—</p></intro><level class="para2"><num>(i)</num><content><p>the day on which the person complies with the duty,</p></content></level><level class="para2"><num>(ii)</num><content><p>the day on which any reference number is allocated to the arrangements or proposed arrangements concerned in the circumstances described in subsection <ref href="#d28e34296">(6)</ref>, and</p></content></level><level class="para2"><num>(iii)</num><content><p>the day on which a penalty under subsection <ref href="#d28e34058">(1)</ref> is imposed in relation to the failure.</p></content></level></level></subsection><subsection eId="d28e34296"><num>(6)</num><intro><p>The circumstances are—</p></intro><level class="para1"><num>(a)</num><content><p>the duty referred to in subsection <ref href="#d28e34251">(5)</ref> is a duty imposed by section 308(1) or (3), 309(1) or 310, and</p></content></level><level class="para1"><num>(b)</num><content><p>it is a case within section 311(3).</p></content></level></subsection></section><section eId="d28e34320"><num>315A</num><heading>Further penalties</heading><subsection eId="d28e34324"><num>(1)</num><intro><p>If—</p></intro><level class="para1"><num>(a)</num><content><p>a penalty under section <ref href="#d28e34054">315</ref> is imposed in relation to a person’s failure to comply with a duty, and</p></content></level><level class="para1"><num>(b)</num><content><p>after the penalty has been imposed, the person continues to fail to comply with the duty,</p></content></level><wrapUp><p>the person is liable to a further penalty not exceeding the applicable rate (as defined in section <ref href="#d28e34054">315</ref><ref href="#d28e34188">(2)</ref>) for each day on which the failure continues.</p></wrapUp></subsection><subsection><num>(2)</num><content><p>Subsection <ref href="#d28e34324">(1)</ref> does not apply to a failure to comply with a duty imposed by section 313(1) or regulations under section 313(3).</p></content></subsection></section><section><num>315B</num><heading>Determination of penalties</heading><subsection><num>(1)</num><content><p>A penalty under this Part is to be treated as a penalty under a provision of the Taxes Acts and, accordingly, is a penalty to be determined and imposed by an authorised officer under section 100(1) of TMA 1970.</p></content></subsection><subsection><num>(2)</num><intro><p>In determining an amount of a specified penalty (including considering whether an amount is inappropriately low under section <ref href="#d28e34054">315</ref><ref href="#d28e34221">(3)</ref>), the authorised officer must have regard to all relevant considerations, including—</p></intro><level class="para1"><num>(a)</num><content><p>the desirability of the penalty being set at a level which appears appropriate for deterring the person, or other persons, from similar failures to comply on future occasions;</p></content></level><level class="para1"><num>(b)</num><content><p>the amount of any fees received, or likely to have been received, by the person in connection with the proposal or arrangements concerned;</p></content></level><level class="para1"><num>(c)</num><content><p>in the case of a person entering into the arrangements, the amount of any advantage gained, or sought to be gained, by that person.</p></content></level></subsection><subsection><num>(3)</num><content><p>In this section, a “specified penalty” is a penalty under section <ref href="#d28e34054">315</ref> that is imposed in relation to a person’s failure to comply with a duty imposed by section 308(1) or (3), 309(1), 310, 310A or 311C.</p></content></subsection></section><section><num>315C</num><heading>Failure to comply with time limit</heading><content><p>A failure to do anything required to be done within a limited period of time does not give rise to liability to a penalty under section <ref href="#d28e34054">315</ref> or <ref href="#d28e34320">315A</ref> if the person did it within such further time, if any, as an officer of Revenue and Customs or the tribunal may have allowed.</p></content></section><section eId="d28e34430"><num>315D</num><heading>Other exemptions from liability to a penalty</heading><subsection eId="d28e34434"><num>(1)</num><intro><p>A person is deemed not to have failed to comply with a duty imposed by a provision mentioned in the first column of the table in section <ref href="#d28e34054">315</ref><ref href="#d28e34058">(1)</ref> if the person had a reasonable excuse for the failure and—</p></intro><level class="para1"><num>(a)</num><content><p>the reasonable excuse continues to apply, or</p></content></level><level class="para1"><num>(b)</num><content><p>the reasonable excuse has ceased to apply, but the person complied with the duty without unreasonable delay after the cessation.</p></content></level></subsection><subsection><num>(2)</num><intro><p>Where an order is made under section 306A or 314A—</p></intro><level class="para1"><num>(a)</num><content><p>the order is not evidence that a person either does or does not have a reasonable excuse for non-compliance before the order was made, and</p></content></level><level class="para1"><num>(b)</num><content><p>the person identified in the order as the promoter cannot rely on doubt as to notifiability as a reasonable excuse for a failure to comply with section 308.</p></content></level></subsection><subsection><num>(3)</num><intro><p>Where a person fails to comply with—</p></intro><level class="para1"><num>(a)</num><content><p>section 309 and the promoter for the purposes of that section is a monitored promoter, or</p></content></level><level class="para1"><num>(b)</num><content><p>section 310 and the arrangements for the purposes of that section are arrangements of a monitored promoter,</p></content></level><wrapUp><p>then any legal advice which was given or procured by that monitored promoter and which the person took into account is to be disregarded in determining whether the person has a reasonable excuse for the failure.</p></wrapUp></subsection><subsection><num>(4)</num><intro><p>In determining whether or not a person who is a monitored promoter has a reasonable excuse for a failure to do anything required to be done, reliance on legal advice does not constitute a reasonable excuse if either—</p></intro><level class="para1"><num>(a)</num><content><p>the advice was not based on a full and accurate description of the facts, or</p></content></level><level class="para1"><num>(b)</num><content><p>the conclusions in the advice that the person relied on were unreasonable.</p></content></level></subsection><subsection><num>(5)</num><content><p>For the purposes of this section, “<term refersTo="#term-monitored-promoter">monitored promoter</term>” has the meaning given by section 244(5) of FA 2014.</p></content></subsection></section><section><num>315E</num><heading>Regulations to vary amounts</heading><subsection><num>(1)</num><content><p>The Treasury may by regulations make provision for the purpose of varying any of the amounts specified in section <ref href="#d28e34054">315</ref> or <ref href="#d28e34320">315A</ref>.</p></content></subsection><subsection><num>(2)</num><intro><p>Regulations under this section—</p></intro><level class="para1"><num>(a)</num><content><p>must be made by statutory instrument, and</p></content></level><level class="para1"><num>(b)</num><content><p>may not be made unless a draft has been laid before and approved by resolution of the House of Commons.</p></content></level></subsection></section></quotedStructure><inline name="appendText">;</inline></mod></p></content></level><level class="para1" eId="section-216-2-c"><num>(c)</num><content><p><mod>in <ref eId="c00310" href="https://www.legislation.gov.uk/ukpga/2004/12/section/318">section 318</ref>, in the appropriate places insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><hcontainer name="definition"><content><p>“<term refersTo="#term-authorised-officer">authorised officer</term>” means an officer of Revenue and Customs authorised by His Majesty’s Revenue and Customs for the purposes of this Part or, as the case may be, section 100 of TMA 1970;</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-taxes-acts">Taxes Acts</term>” has the same meaning as in TMA 1970 (see section 118(1) of that Act);</p></content></hcontainer></quotedStructure><inline name="appendText">.</inline></mod></p></content></level></subsection><subsection eId="section-216-3"><num>(3)</num><intro><p>In <ref eId="c00311" href="https://www.legislation.gov.uk/ukpga/2017/32/schedule/17/part/2">Part 2</ref> of <ref eId="c00312" href="https://www.legislation.gov.uk/ukpga/2017/32/schedule/17">Schedule 17</ref> to <ref eId="c00313" href="https://www.legislation.gov.uk/ukpga/2017/32/contents">F(No.2)A 2017</ref> (disclosure of tax avoidance schemes: VAT and other indirect taxes)—</p></intro><level class="para1" eId="section-216-3-a"><num>(a)</num><content><p>in the cross heading before paragraph 39 omit “(apart from paragraph 26)”;</p></content></level><level class="para1" eId="section-216-3-b"><num>(b)</num><content><p><mod>for paragraphs 39 to 44 substitute—<quotedStructure startQuote="“" endQuote="”" uk:context="schedule" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="schedule" ukl:Format="double"><paragraph eId="d28e34616" class="schProv1"><num>39</num><subparagraph eId="d28e34620"><num>(1)</num><content><p>A person who fails to comply with a duty imposed by a provision of Part 1 of this Schedule mentioned in the first column of the table is liable to a penalty not exceeding the amount specified in relation to that provision in the second column.</p><tblock class="table" ukl:Orientation="portrait"><foreign><default:table xmlns="http://www.w3.org/1999/xhtml"><default:colgroup><default:col style="width:33.34%"/><default:col style="width:66.66%"/></default:colgroup><default:thead><default:tr><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Provision</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Maximum penalty amount</p></default:th></default:tr></default:thead><default:tbody><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Paragraph 11(1) or 12(1) (promoter’s duty to notify)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">The applicable rate for each day on which the person fails to comply or, if sub-paragraph <ref href="#d28e34774">(3)</ref> applies, £1 million</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Paragraph 17(2) (client’s duty to notify: no UK promoter)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">The applicable rate for each day on which the person fails to comply or, if sub-paragraph <ref href="#d28e34774">(3)</ref> applies, £1 million</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Paragraph 18(2) (client’s duty to notify: no promoter)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">The applicable rate for each day on which the person fails to comply or, if sub-paragraph <ref href="#d28e34774">(3)</ref> applies, £1 million</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Paragraph 19 (duty to provide further information)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">The applicable rate for each day on which the person fails to comply or, if sub-paragraph <ref href="#d28e34774">(3)</ref> applies, £1 million</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Paragraph 21 (promoter’s duty to update information)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£5,000</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Paragraph 22C (duty to provide further information: paragraph 22(3) case)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">The applicable rate for each day on which the person fails to comply or, if sub-paragraph <ref href="#d28e34774">(3)</ref> applies, £1 million</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Paragraph 23(2) (promoter’s duty to notify client of SRN)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£5,000</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Paragraph 23A(2) (duty to notify client of SRN: paragraph 22(3) case)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£5,000</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Paragraph 24(3) (client’s duty to notify other persons of SRN)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£5,000</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Paragraph 25(2) (client’s duty to provide client information to promoter or service provider)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£5,000</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Paragraph 26(1) or regulations under paragraph 26(3) (other party’s duty to provide information)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">The amount specified in sub-paragraph <ref href="#d28e34780">(4)</ref></p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Paragraph 27(3) (promoter’s or service provider’s duty to provide client information)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£5,000</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Paragraph 28 (service provider’s duty to provide other party’s information)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£5,000</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Paragraph 29 (duty to provide statement on notifiability)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£5,000</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Paragraph 30 (duty to provide supporting evidence on notifiability)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£5,000</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Paragraph 31 (introducer’s duty to provide other person’s information)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£5,000</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Paragraph 33 (duty to provide information in addition to SRN to client or other persons)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£5,000</p></default:td></default:tr></default:tbody></default:table></foreign></tblock></content></subparagraph><subparagraph eId="d28e34741"><num>(2)</num><intro><p>The “<term refersTo="#term-applicable-rate">applicable rate</term>” means—</p></intro><level class="para1"><num>(a)</num><content><p>£600, or</p></content></level><level class="para1" eId="d28e34756"><num>(b)</num><intro><p>where an order has been made under paragraph 4 or 5 (orders about notifiability) in respect of the arrangements or proposal in relation to which the person fails to comply—</p></intro><level class="para2"><num>(i)</num><content><p>£600 for each day falling before the end of the period of eleven days beginning with the day on which the order was made, and</p></content></level><level class="para2"><num>(ii)</num><content><p>£5,000 for each day falling after the end of that period.</p></content></level></level></subparagraph><subparagraph eId="d28e34774"><num>(3)</num><content><p>This sub-paragraph applies where an authorised officer considers that the amount otherwise specified in relation to the provision is inappropriately low.</p></content></subparagraph><subparagraph eId="d28e34780"><num>(4)</num><intro><p>The amount specified for paragraph 26(1) or regulations under paragraph 26(3) is—</p></intro><level class="para1"><num>(a)</num><content><p>£10,000, if the person has failed to comply with the paragraph or regulations on two or more other occasions during the period of 36 months ending with the date of the current failure,</p></content></level><level class="para1"><num>(b)</num><content><p>£7,500, if the person has failed to comply with the paragraph or regulations on one other occasion during the period of 36 months ending with the date of the current failure, or</p></content></level><level class="para1"><num>(c)</num><content><p>£5,000, in any other case.</p></content></level></subparagraph><subparagraph eId="d28e34804"><num>(5)</num><intro><p>In sub-paragraph <ref href="#d28e34620">(1)</ref>, a reference to a day on which a person fails to comply with a duty is a reference to a day that—</p></intro><level class="para1"><num>(a)</num><content><p>begins after the day by which the person was required to comply with the duty, and</p></content></level><level class="para1"><num>(b)</num><intro><p>ends before the earlier of—</p></intro><level class="para2"><num>(i)</num><content><p>the day on which the person complies with the duty,</p></content></level><level class="para2"><num>(ii)</num><content><p>the day on which any reference number is allocated to the arrangements or proposed arrangements concerned in the circumstances described in sub-paragraph <ref href="#d28e34849">(6)</ref>, and</p></content></level><level class="para2"><num>(iii)</num><content><p>the day on which a penalty under <ref href="#d28e34620">sub-paragraph (1)</ref> is imposed in relation to the failure.</p></content></level></level></subparagraph><subparagraph eId="d28e34849"><num>(6)</num><intro><p>The circumstances are—</p></intro><level class="para1"><num>(a)</num><content><p>the duty referred to in sub-paragraph <ref href="#d28e34804">(5)</ref> is a duty imposed by paragraph 11(1), 12(1), 17(2) or 18(2), and</p></content></level><level class="para1"><num>(b)</num><content><p>it is a case within paragraph 22(3).</p></content></level></subparagraph><subparagraph><num>(7)</num><content><p>In this paragraph “<term refersTo="#term-authorised-officer">authorised officer</term>” means an officer of Revenue and Customs authorised by HMRC for the purposes of this paragraph.</p></content></subparagraph></paragraph><paragraph eId="d28e34879" class="schProv1"><num>40</num><subparagraph eId="d28e34883"><num>(1)</num><intro><p>If—</p></intro><level class="para1"><num>(a)</num><content><p>a penalty under paragraph <ref href="#d28e34616">39</ref> is imposed in relation to a person’s failure to comply with a duty, and</p></content></level><level class="para1"><num>(b)</num><content><p>after the penalty has been imposed, the person continues to fail to comply with the duty,</p></content></level><wrapUp><p>the person is liable to a further penalty not exceeding the applicable rate (as defined in paragraph <ref href="#d28e34616">39</ref><ref href="#d28e34741">(2)</ref>) for each day on which the failure continues.</p></wrapUp></subparagraph><subparagraph><num>(2)</num><content><p>Sub-paragraph <ref href="#d28e34883">(1)</ref> does not apply to a failure to comply with a duty imposed by paragraph 26(1) or regulations under paragraph 26(3).</p></content></subparagraph></paragraph><paragraph class="schProv1"><num>41</num><subparagraph><num>(1)</num><intro><p>In assessing the amount of a specified penalty (including considering whether an amount is inappropriately low under paragraph <ref href="#d28e34616">39</ref><ref href="#d28e34774">(3)</ref>), an authorised officer must have regard to all relevant considerations, including—</p></intro><level class="para1"><num>(a)</num><content><p>the desirability of the penalty being set at a level which appears appropriate for deterring the person, or other persons, from similar failures to comply on future occasions;</p></content></level><level class="para1"><num>(b)</num><content><p>the amount of any fees received, or likely to have been received, by the person in connection with the proposal or arrangements concerned;</p></content></level><level class="para1"><num>(c)</num><content><p>in the case of a person entering into the arrangements, the amount of any advantage gained, or sought to be gained, by that person.</p></content></level></subparagraph><subparagraph><num>(2)</num><intro><p>In this paragraph—</p></intro><level class="para1"><num>(a)</num><content><p>“<term refersTo="#term-authorised-officer">authorised officer</term>” means an officer of Revenue and Customs authorised by HMRC for the purposes of this paragraph;</p></content></level><level class="para1"><num>(b)</num><content><p>a “specified penalty” is a penalty under paragraph <ref href="#d28e34616">39</ref> that is imposed in relation to a person’s failure to comply with a duty imposed by paragraph 11(1), 12(1), 17(2), 18(2), 19 or 22C.</p></content></level></subparagraph></paragraph><paragraph class="schProv1"><num>42</num><subparagraph><num>(1)</num><content><p>The Treasury may by regulations make provision for the purpose of varying any of the amounts specified in paragraph <ref href="#d28e34616">39</ref> or <ref href="#d28e34879">40</ref>.</p></content></subparagraph><subparagraph><num>(2)</num><content><p>Regulations under this paragraph may include incidental or transitional provision.</p></content></subparagraph></paragraph></quotedStructure><inline name="appendText">;</inline></mod></p></content></level><level class="para1" eId="section-216-3-c"><num>(c)</num><content><p>omit <ref eId="c00314" href="https://www.legislation.gov.uk/ukpga/2017/32/schedule/17/paragraph/45">paragraph 45</ref> and the cross heading before paragraph 45;</p></content></level><level class="para1" eId="section-216-3-d"><num>(d)</num><content><p>in the italic cross heading before paragraph 46, omit “under paragraph 39(1)(b) or 44”;</p></content></level><level class="para1" eId="section-216-3-e"><num>(e)</num><content><p><mod>in <ref eId="c00315" href="https://www.legislation.gov.uk/ukpga/2017/32/schedule/17/paragraph/46">paragraph 46</ref><ref eId="c00316" href="https://www.legislation.gov.uk/ukpga/2017/32/schedule/17/paragraph/46">(1)</ref>, for “39(1)(b) or 44” substitute <quotedText>“<ref href="#d28e34616">39</ref> or <ref href="#d28e34879">40</ref>”</quotedText>;</mod></p></content></level><level class="para1" eId="section-216-3-f"><num>(f)</num><content><p><mod>in <ref eId="c00317" href="https://www.legislation.gov.uk/ukpga/2017/32/schedule/17/paragraph/49">paragraph 49</ref><ref eId="c00318" href="https://www.legislation.gov.uk/ukpga/2017/32/schedule/17/paragraph/49">(2)</ref><ref eId="c00319" href="https://www.legislation.gov.uk/ukpga/2017/32/schedule/17/paragraph/49">(a)</ref>, for “prescribed period mentioned in paragraph 41” substitute <quotedText>“period mentioned in paragraph <ref href="#d28e34616">39</ref><ref href="#d28e34741">(2)</ref><ref href="#d28e34756">(b)</ref>”</quotedText>.</mod></p></content></level></subsection></section>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-216-1"><num>(1)</num><intro><p>In <ref eId="c00300" href="https://www.legislation.gov.uk/ukpga/1970/9/contents">TMA 1970</ref>—</p></intro><level class="para1" eId="section-216-1-a"><num>(a)</num><content><p>omit <ref eId="c00301" href="https://www.legislation.gov.uk/ukpga/1970/9/section/98C">section 98C</ref> (notifications under Part 7 of FA 2004);</p></content></level><level class="para1" eId="section-216-1-b"><num>(b)</num><content><p>in <ref eId="c00302" href="https://www.legislation.gov.uk/ukpga/1970/9/section/100">section 100</ref><ref eId="c00303" href="https://www.legislation.gov.uk/ukpga/1970/9/section/100">(2)</ref> (determination of penalties by an officer of the Board), omit <ref eId="c00304" href="https://www.legislation.gov.uk/ukpga/1970/9/section/100">paragraph (f)</ref>;</p></content></level><level class="para1" eId="section-216-1-c"><num>(c)</num><content><p>in <ref eId="c00305" href="https://www.legislation.gov.uk/ukpga/1970/9/section/103A">section 103A</ref> (interest on penalties), omit “(other than section 98C)”.</p></content></level></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-216-1-a"><num>(a)</num><content><p>omit <ref eId="c00301" href="https://www.legislation.gov.uk/ukpga/1970/9/section/98C">section 98C</ref> (notifications under Part 7 of FA 2004);</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-216-1-b"><num>(b)</num><content><p>in <ref eId="c00302" href="https://www.legislation.gov.uk/ukpga/1970/9/section/100">section 100</ref><ref eId="c00303" href="https://www.legislation.gov.uk/ukpga/1970/9/section/100">(2)</ref> (determination of penalties by an officer of the Board), omit <ref eId="c00304" href="https://www.legislation.gov.uk/ukpga/1970/9/section/100">paragraph (f)</ref>;</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-216-1-c"><num>(c)</num><content><p>in <ref eId="c00305" href="https://www.legislation.gov.uk/ukpga/1970/9/section/103A">section 103A</ref> (interest on penalties), omit “(other than section 98C)”.</p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" xmlns:default="http://www.w3.org/1999/xhtml" eId="section-216-2"><num>(2)</num><intro><p>In <ref eId="c00306" href="https://www.legislation.gov.uk/ukpga/2004/12/part/7">Part 7</ref> of <ref eId="c00307" href="https://www.legislation.gov.uk/ukpga/2004/12/contents">FA 2004</ref> (disclosure of tax avoidance schemes)—</p></intro><level class="para1" eId="section-216-2-a"><num>(a)</num><content><p><mod>in <ref eId="c00308" href="https://www.legislation.gov.uk/ukpga/2004/12/section/313">section 313</ref><ref eId="c00309" href="https://www.legislation.gov.uk/ukpga/2004/12/section/313">(4)</ref>, for “98C of the Taxes Management Act 1970” substitute <quotedText>“315”</quotedText>;</mod></p></content></level><level class="para1" eId="section-216-2-b"><num>(b)</num><content><p><mod>for section 315 substitute—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><section eId="d28e34054"><num>315</num><heading>Penalties</heading><subsection eId="d28e34058"><num>(1)</num><content><p>A person who fails to comply with a duty imposed by a provision mentioned in the first column of the table is liable to a penalty not exceeding the amount specified in relation to that provision in the second column.</p><tblock class="table" ukl:Orientation="portrait"><foreign><default:table xmlns="http://www.w3.org/1999/xhtml"><default:colgroup><default:col style="width:33.33%"/><default:col style="width:66.66%"/></default:colgroup><default:thead><default:tr><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0"><b><i>Provision</i></b></p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0"><b><i>Maximum penalty amount</i></b></p></default:th></default:tr></default:thead><default:tbody><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Section 308(1) or (3) (promoter’s duty to notify)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">The applicable rate for each day on which the person fails to comply or, if subsection <ref href="#d28e34221">(3)</ref> applies, £1 million</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Section 309(1) (client’s duty to notify: no UK promoter)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">The applicable rate for each day on which the person fails to comply or, if subsection <ref href="#d28e34221">(3)</ref> applies, £1 million</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Section 310 (client’s duty to notify: no promoter)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">The applicable rate for each day on which the person fails to comply or, if subsection <ref href="#d28e34221">(3)</ref> applies, £1 million</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Section 310A (duty to provide further information)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">The applicable rate for each day on which the person fails to comply or, if subsection <ref href="#d28e34221">(3)</ref> applies, £1 million</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Section 310C (promoter’s duty to update information)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£5,000</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Section 311C (duty to provide further information: section 311(3) case)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">The applicable rate for each day on which the person fails to comply or, if subsection <ref href="#d28e34221">(3)</ref> applies, £1 million</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Section 312(2) (promoter’s duty to notify client of SRN)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£5,000</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Section 312ZA(2) (duty to notify client of SRN: section 311(3) case)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£5,000</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Section 312A(2) or (2A) (client’s duty to notify other persons of SRN)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£5,000</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Section 312B (client’s duty to provide client information to promoter or service provider)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£5,000</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Section 313(1) or regulations under section 313(3) (other party’s duty to provide information)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">The amount specified in subsection <ref href="#d28e34227">(4)</ref></p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Section 313ZA (promoter’s or service provider’s duty to provide client information)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£5,000</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Section 313ZB (service provider’s duty to provide other party’s information)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£5,000</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Section 313ZC (employer’s duty to provide employee information)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£5,000</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Section 313A (duty to provide statement on notifiability)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£5,000</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Section 313B (duty to provide supporting evidence on notifiability)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£5,000</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Section 313C (introducer’s duty to provide other person’s information)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£5,000</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Section 316A (duty to provide information in addition to SRN to client or other persons)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£5,000</p></default:td></default:tr></default:tbody></default:table></foreign></tblock></content></subsection><subsection eId="d28e34188"><num>(2)</num><intro><p>The “<term refersTo="#term-applicable-rate">applicable rate</term>” means—</p></intro><level class="para1"><num>(a)</num><content><p>£600, or</p></content></level><level class="para1"><num>(b)</num><intro><p>where an order has been made under section 306A or 314A (orders about notifiability) in respect of the arrangements or proposal in relation to which the person fails to comply—</p></intro><level class="para2"><num>(i)</num><content><p>£600 for each day falling before the end of the period of ten days beginning with the day on which the order was made, and</p></content></level><level class="para2"><num>(ii)</num><content><p>£5,000 for each day falling after the end of that period.</p></content></level></level></subsection><subsection eId="d28e34221"><num>(3)</num><content><p>This subsection applies where an authorised officer considers that the amount otherwise specified in relation to the provision is inappropriately low.</p></content></subsection><subsection eId="d28e34227"><num>(4)</num><intro><p>The amount specified for section 313(1) or regulations under section 313(3) is—</p></intro><level class="para1"><num>(a)</num><content><p>£10,000, if the person has failed to comply with the section or regulations on two or more other occasions during the period of 36 months ending with the date of the current failure,</p></content></level><level class="para1"><num>(b)</num><content><p>£7,500, if the person has failed to comply with the section or regulations on one other occasion during the period of 36 months ending with the date of the current failure, or</p></content></level><level class="para1"><num>(c)</num><content><p>£5,000, in any other case.</p></content></level></subsection><subsection eId="d28e34251"><num>(5)</num><intro><p>In subsection <ref href="#d28e34058">(1)</ref>, a reference to a day on which a person fails to comply with a duty is a reference to a day that—</p></intro><level class="para1"><num>(a)</num><content><p>begins after the day by which the person was required to comply with the duty, and</p></content></level><level class="para1"><num>(b)</num><intro><p>ends before the earlier of—</p></intro><level class="para2"><num>(i)</num><content><p>the day on which the person complies with the duty,</p></content></level><level class="para2"><num>(ii)</num><content><p>the day on which any reference number is allocated to the arrangements or proposed arrangements concerned in the circumstances described in subsection <ref href="#d28e34296">(6)</ref>, and</p></content></level><level class="para2"><num>(iii)</num><content><p>the day on which a penalty under subsection <ref href="#d28e34058">(1)</ref> is imposed in relation to the failure.</p></content></level></level></subsection><subsection eId="d28e34296"><num>(6)</num><intro><p>The circumstances are—</p></intro><level class="para1"><num>(a)</num><content><p>the duty referred to in subsection <ref href="#d28e34251">(5)</ref> is a duty imposed by section 308(1) or (3), 309(1) or 310, and</p></content></level><level class="para1"><num>(b)</num><content><p>it is a case within section 311(3).</p></content></level></subsection></section><section eId="d28e34320"><num>315A</num><heading>Further penalties</heading><subsection eId="d28e34324"><num>(1)</num><intro><p>If—</p></intro><level class="para1"><num>(a)</num><content><p>a penalty under section <ref href="#d28e34054">315</ref> is imposed in relation to a person’s failure to comply with a duty, and</p></content></level><level class="para1"><num>(b)</num><content><p>after the penalty has been imposed, the person continues to fail to comply with the duty,</p></content></level><wrapUp><p>the person is liable to a further penalty not exceeding the applicable rate (as defined in section <ref href="#d28e34054">315</ref><ref href="#d28e34188">(2)</ref>) for each day on which the failure continues.</p></wrapUp></subsection><subsection><num>(2)</num><content><p>Subsection <ref href="#d28e34324">(1)</ref> does not apply to a failure to comply with a duty imposed by section 313(1) or regulations under section 313(3).</p></content></subsection></section><section><num>315B</num><heading>Determination of penalties</heading><subsection><num>(1)</num><content><p>A penalty under this Part is to be treated as a penalty under a provision of the Taxes Acts and, accordingly, is a penalty to be determined and imposed by an authorised officer under section 100(1) of TMA 1970.</p></content></subsection><subsection><num>(2)</num><intro><p>In determining an amount of a specified penalty (including considering whether an amount is inappropriately low under section <ref href="#d28e34054">315</ref><ref href="#d28e34221">(3)</ref>), the authorised officer must have regard to all relevant considerations, including—</p></intro><level class="para1"><num>(a)</num><content><p>the desirability of the penalty being set at a level which appears appropriate for deterring the person, or other persons, from similar failures to comply on future occasions;</p></content></level><level class="para1"><num>(b)</num><content><p>the amount of any fees received, or likely to have been received, by the person in connection with the proposal or arrangements concerned;</p></content></level><level class="para1"><num>(c)</num><content><p>in the case of a person entering into the arrangements, the amount of any advantage gained, or sought to be gained, by that person.</p></content></level></subsection><subsection><num>(3)</num><content><p>In this section, a “specified penalty” is a penalty under section <ref href="#d28e34054">315</ref> that is imposed in relation to a person’s failure to comply with a duty imposed by section 308(1) or (3), 309(1), 310, 310A or 311C.</p></content></subsection></section><section><num>315C</num><heading>Failure to comply with time limit</heading><content><p>A failure to do anything required to be done within a limited period of time does not give rise to liability to a penalty under section <ref href="#d28e34054">315</ref> or <ref href="#d28e34320">315A</ref> if the person did it within such further time, if any, as an officer of Revenue and Customs or the tribunal may have allowed.</p></content></section><section eId="d28e34430"><num>315D</num><heading>Other exemptions from liability to a penalty</heading><subsection eId="d28e34434"><num>(1)</num><intro><p>A person is deemed not to have failed to comply with a duty imposed by a provision mentioned in the first column of the table in section <ref href="#d28e34054">315</ref><ref href="#d28e34058">(1)</ref> if the person had a reasonable excuse for the failure and—</p></intro><level class="para1"><num>(a)</num><content><p>the reasonable excuse continues to apply, or</p></content></level><level class="para1"><num>(b)</num><content><p>the reasonable excuse has ceased to apply, but the person complied with the duty without unreasonable delay after the cessation.</p></content></level></subsection><subsection><num>(2)</num><intro><p>Where an order is made under section 306A or 314A—</p></intro><level class="para1"><num>(a)</num><content><p>the order is not evidence that a person either does or does not have a reasonable excuse for non-compliance before the order was made, and</p></content></level><level class="para1"><num>(b)</num><content><p>the person identified in the order as the promoter cannot rely on doubt as to notifiability as a reasonable excuse for a failure to comply with section 308.</p></content></level></subsection><subsection><num>(3)</num><intro><p>Where a person fails to comply with—</p></intro><level class="para1"><num>(a)</num><content><p>section 309 and the promoter for the purposes of that section is a monitored promoter, or</p></content></level><level class="para1"><num>(b)</num><content><p>section 310 and the arrangements for the purposes of that section are arrangements of a monitored promoter,</p></content></level><wrapUp><p>then any legal advice which was given or procured by that monitored promoter and which the person took into account is to be disregarded in determining whether the person has a reasonable excuse for the failure.</p></wrapUp></subsection><subsection><num>(4)</num><intro><p>In determining whether or not a person who is a monitored promoter has a reasonable excuse for a failure to do anything required to be done, reliance on legal advice does not constitute a reasonable excuse if either—</p></intro><level class="para1"><num>(a)</num><content><p>the advice was not based on a full and accurate description of the facts, or</p></content></level><level class="para1"><num>(b)</num><content><p>the conclusions in the advice that the person relied on were unreasonable.</p></content></level></subsection><subsection><num>(5)</num><content><p>For the purposes of this section, “<term refersTo="#term-monitored-promoter">monitored promoter</term>” has the meaning given by section 244(5) of FA 2014.</p></content></subsection></section><section><num>315E</num><heading>Regulations to vary amounts</heading><subsection><num>(1)</num><content><p>The Treasury may by regulations make provision for the purpose of varying any of the amounts specified in section <ref href="#d28e34054">315</ref> or <ref href="#d28e34320">315A</ref>.</p></content></subsection><subsection><num>(2)</num><intro><p>Regulations under this section—</p></intro><level class="para1"><num>(a)</num><content><p>must be made by statutory instrument, and</p></content></level><level class="para1"><num>(b)</num><content><p>may not be made unless a draft has been laid before and approved by resolution of the House of Commons.</p></content></level></subsection></section></quotedStructure><inline name="appendText">;</inline></mod></p></content></level><level class="para1" eId="section-216-2-c"><num>(c)</num><content><p><mod>in <ref eId="c00310" href="https://www.legislation.gov.uk/ukpga/2004/12/section/318">section 318</ref>, in the appropriate places insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><hcontainer name="definition"><content><p>“<term refersTo="#term-authorised-officer">authorised officer</term>” means an officer of Revenue and Customs authorised by His Majesty’s Revenue and Customs for the purposes of this Part or, as the case may be, section 100 of TMA 1970;</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-taxes-acts">Taxes Acts</term>” has the same meaning as in TMA 1970 (see section 118(1) of that Act);</p></content></hcontainer></quotedStructure><inline name="appendText">.</inline></mod></p></content></level></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-216-2-a"><num>(a)</num><content><p><mod>in <ref eId="c00308" href="https://www.legislation.gov.uk/ukpga/2004/12/section/313">section 313</ref><ref eId="c00309" href="https://www.legislation.gov.uk/ukpga/2004/12/section/313">(4)</ref>, for “98C of the Taxes Management Act 1970” substitute <quotedText>“315”</quotedText>;</mod></p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" xmlns:default="http://www.w3.org/1999/xhtml" class="para1" eId="section-216-2-b"><num>(b)</num><content><p><mod>for section 315 substitute—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><section eId="d28e34054"><num>315</num><heading>Penalties</heading><subsection eId="d28e34058"><num>(1)</num><content><p>A person who fails to comply with a duty imposed by a provision mentioned in the first column of the table is liable to a penalty not exceeding the amount specified in relation to that provision in the second column.</p><tblock class="table" ukl:Orientation="portrait"><foreign><default:table xmlns="http://www.w3.org/1999/xhtml"><default:colgroup><default:col style="width:33.33%"/><default:col style="width:66.66%"/></default:colgroup><default:thead><default:tr><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0"><b><i>Provision</i></b></p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0"><b><i>Maximum penalty amount</i></b></p></default:th></default:tr></default:thead><default:tbody><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Section 308(1) or (3) (promoter’s duty to notify)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">The applicable rate for each day on which the person fails to comply or, if subsection <ref href="#d28e34221">(3)</ref> applies, £1 million</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Section 309(1) (client’s duty to notify: no UK promoter)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">The applicable rate for each day on which the person fails to comply or, if subsection <ref href="#d28e34221">(3)</ref> applies, £1 million</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Section 310 (client’s duty to notify: no promoter)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">The applicable rate for each day on which the person fails to comply or, if subsection <ref href="#d28e34221">(3)</ref> applies, £1 million</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Section 310A (duty to provide further information)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">The applicable rate for each day on which the person fails to comply or, if subsection <ref href="#d28e34221">(3)</ref> applies, £1 million</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Section 310C (promoter’s duty to update information)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£5,000</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Section 311C (duty to provide further information: section 311(3) case)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">The applicable rate for each day on which the person fails to comply or, if subsection <ref href="#d28e34221">(3)</ref> applies, £1 million</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Section 312(2) (promoter’s duty to notify client of SRN)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£5,000</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Section 312ZA(2) (duty to notify client of SRN: section 311(3) case)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£5,000</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Section 312A(2) or (2A) (client’s duty to notify other persons of SRN)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£5,000</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Section 312B (client’s duty to provide client information to promoter or service provider)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£5,000</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Section 313(1) or regulations under section 313(3) (other party’s duty to provide information)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">The amount specified in subsection <ref href="#d28e34227">(4)</ref></p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Section 313ZA (promoter’s or service provider’s duty to provide client information)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£5,000</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Section 313ZB (service provider’s duty to provide other party’s information)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£5,000</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Section 313ZC (employer’s duty to provide employee information)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£5,000</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Section 313A (duty to provide statement on notifiability)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£5,000</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Section 313B (duty to provide supporting evidence on notifiability)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£5,000</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Section 313C (introducer’s duty to provide other person’s information)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£5,000</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Section 316A (duty to provide information in addition to SRN to client or other persons)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£5,000</p></default:td></default:tr></default:tbody></default:table></foreign></tblock></content></subsection><subsection eId="d28e34188"><num>(2)</num><intro><p>The “<term refersTo="#term-applicable-rate">applicable rate</term>” means—</p></intro><level class="para1"><num>(a)</num><content><p>£600, or</p></content></level><level class="para1"><num>(b)</num><intro><p>where an order has been made under section 306A or 314A (orders about notifiability) in respect of the arrangements or proposal in relation to which the person fails to comply—</p></intro><level class="para2"><num>(i)</num><content><p>£600 for each day falling before the end of the period of ten days beginning with the day on which the order was made, and</p></content></level><level class="para2"><num>(ii)</num><content><p>£5,000 for each day falling after the end of that period.</p></content></level></level></subsection><subsection eId="d28e34221"><num>(3)</num><content><p>This subsection applies where an authorised officer considers that the amount otherwise specified in relation to the provision is inappropriately low.</p></content></subsection><subsection eId="d28e34227"><num>(4)</num><intro><p>The amount specified for section 313(1) or regulations under section 313(3) is—</p></intro><level class="para1"><num>(a)</num><content><p>£10,000, if the person has failed to comply with the section or regulations on two or more other occasions during the period of 36 months ending with the date of the current failure,</p></content></level><level class="para1"><num>(b)</num><content><p>£7,500, if the person has failed to comply with the section or regulations on one other occasion during the period of 36 months ending with the date of the current failure, or</p></content></level><level class="para1"><num>(c)</num><content><p>£5,000, in any other case.</p></content></level></subsection><subsection eId="d28e34251"><num>(5)</num><intro><p>In subsection <ref href="#d28e34058">(1)</ref>, a reference to a day on which a person fails to comply with a duty is a reference to a day that—</p></intro><level class="para1"><num>(a)</num><content><p>begins after the day by which the person was required to comply with the duty, and</p></content></level><level class="para1"><num>(b)</num><intro><p>ends before the earlier of—</p></intro><level class="para2"><num>(i)</num><content><p>the day on which the person complies with the duty,</p></content></level><level class="para2"><num>(ii)</num><content><p>the day on which any reference number is allocated to the arrangements or proposed arrangements concerned in the circumstances described in subsection <ref href="#d28e34296">(6)</ref>, and</p></content></level><level class="para2"><num>(iii)</num><content><p>the day on which a penalty under subsection <ref href="#d28e34058">(1)</ref> is imposed in relation to the failure.</p></content></level></level></subsection><subsection eId="d28e34296"><num>(6)</num><intro><p>The circumstances are—</p></intro><level class="para1"><num>(a)</num><content><p>the duty referred to in subsection <ref href="#d28e34251">(5)</ref> is a duty imposed by section 308(1) or (3), 309(1) or 310, and</p></content></level><level class="para1"><num>(b)</num><content><p>it is a case within section 311(3).</p></content></level></subsection></section><section eId="d28e34320"><num>315A</num><heading>Further penalties</heading><subsection eId="d28e34324"><num>(1)</num><intro><p>If—</p></intro><level class="para1"><num>(a)</num><content><p>a penalty under section <ref href="#d28e34054">315</ref> is imposed in relation to a person’s failure to comply with a duty, and</p></content></level><level class="para1"><num>(b)</num><content><p>after the penalty has been imposed, the person continues to fail to comply with the duty,</p></content></level><wrapUp><p>the person is liable to a further penalty not exceeding the applicable rate (as defined in section <ref href="#d28e34054">315</ref><ref href="#d28e34188">(2)</ref>) for each day on which the failure continues.</p></wrapUp></subsection><subsection><num>(2)</num><content><p>Subsection <ref href="#d28e34324">(1)</ref> does not apply to a failure to comply with a duty imposed by section 313(1) or regulations under section 313(3).</p></content></subsection></section><section><num>315B</num><heading>Determination of penalties</heading><subsection><num>(1)</num><content><p>A penalty under this Part is to be treated as a penalty under a provision of the Taxes Acts and, accordingly, is a penalty to be determined and imposed by an authorised officer under section 100(1) of TMA 1970.</p></content></subsection><subsection><num>(2)</num><intro><p>In determining an amount of a specified penalty (including considering whether an amount is inappropriately low under section <ref href="#d28e34054">315</ref><ref href="#d28e34221">(3)</ref>), the authorised officer must have regard to all relevant considerations, including—</p></intro><level class="para1"><num>(a)</num><content><p>the desirability of the penalty being set at a level which appears appropriate for deterring the person, or other persons, from similar failures to comply on future occasions;</p></content></level><level class="para1"><num>(b)</num><content><p>the amount of any fees received, or likely to have been received, by the person in connection with the proposal or arrangements concerned;</p></content></level><level class="para1"><num>(c)</num><content><p>in the case of a person entering into the arrangements, the amount of any advantage gained, or sought to be gained, by that person.</p></content></level></subsection><subsection><num>(3)</num><content><p>In this section, a “specified penalty” is a penalty under section <ref href="#d28e34054">315</ref> that is imposed in relation to a person’s failure to comply with a duty imposed by section 308(1) or (3), 309(1), 310, 310A or 311C.</p></content></subsection></section><section><num>315C</num><heading>Failure to comply with time limit</heading><content><p>A failure to do anything required to be done within a limited period of time does not give rise to liability to a penalty under section <ref href="#d28e34054">315</ref> or <ref href="#d28e34320">315A</ref> if the person did it within such further time, if any, as an officer of Revenue and Customs or the tribunal may have allowed.</p></content></section><section eId="d28e34430"><num>315D</num><heading>Other exemptions from liability to a penalty</heading><subsection eId="d28e34434"><num>(1)</num><intro><p>A person is deemed not to have failed to comply with a duty imposed by a provision mentioned in the first column of the table in section <ref href="#d28e34054">315</ref><ref href="#d28e34058">(1)</ref> if the person had a reasonable excuse for the failure and—</p></intro><level class="para1"><num>(a)</num><content><p>the reasonable excuse continues to apply, or</p></content></level><level class="para1"><num>(b)</num><content><p>the reasonable excuse has ceased to apply, but the person complied with the duty without unreasonable delay after the cessation.</p></content></level></subsection><subsection><num>(2)</num><intro><p>Where an order is made under section 306A or 314A—</p></intro><level class="para1"><num>(a)</num><content><p>the order is not evidence that a person either does or does not have a reasonable excuse for non-compliance before the order was made, and</p></content></level><level class="para1"><num>(b)</num><content><p>the person identified in the order as the promoter cannot rely on doubt as to notifiability as a reasonable excuse for a failure to comply with section 308.</p></content></level></subsection><subsection><num>(3)</num><intro><p>Where a person fails to comply with—</p></intro><level class="para1"><num>(a)</num><content><p>section 309 and the promoter for the purposes of that section is a monitored promoter, or</p></content></level><level class="para1"><num>(b)</num><content><p>section 310 and the arrangements for the purposes of that section are arrangements of a monitored promoter,</p></content></level><wrapUp><p>then any legal advice which was given or procured by that monitored promoter and which the person took into account is to be disregarded in determining whether the person has a reasonable excuse for the failure.</p></wrapUp></subsection><subsection><num>(4)</num><intro><p>In determining whether or not a person who is a monitored promoter has a reasonable excuse for a failure to do anything required to be done, reliance on legal advice does not constitute a reasonable excuse if either—</p></intro><level class="para1"><num>(a)</num><content><p>the advice was not based on a full and accurate description of the facts, or</p></content></level><level class="para1"><num>(b)</num><content><p>the conclusions in the advice that the person relied on were unreasonable.</p></content></level></subsection><subsection><num>(5)</num><content><p>For the purposes of this section, “<term refersTo="#term-monitored-promoter">monitored promoter</term>” has the meaning given by section 244(5) of FA 2014.</p></content></subsection></section><section><num>315E</num><heading>Regulations to vary amounts</heading><subsection><num>(1)</num><content><p>The Treasury may by regulations make provision for the purpose of varying any of the amounts specified in section <ref href="#d28e34054">315</ref> or <ref href="#d28e34320">315A</ref>.</p></content></subsection><subsection><num>(2)</num><intro><p>Regulations under this section—</p></intro><level class="para1"><num>(a)</num><content><p>must be made by statutory instrument, and</p></content></level><level class="para1"><num>(b)</num><content><p>may not be made unless a draft has been laid before and approved by resolution of the House of Commons.</p></content></level></subsection></section></quotedStructure><inline name="appendText">;</inline></mod></p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" class="para1" eId="section-216-2-c"><num>(c)</num><content><p><mod>in <ref eId="c00310" href="https://www.legislation.gov.uk/ukpga/2004/12/section/318">section 318</ref>, in the appropriate places insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><hcontainer name="definition"><content><p>“<term refersTo="#term-authorised-officer">authorised officer</term>” means an officer of Revenue and Customs authorised by His Majesty’s Revenue and Customs for the purposes of this Part or, as the case may be, section 100 of TMA 1970;</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-taxes-acts">Taxes Acts</term>” has the same meaning as in TMA 1970 (see section 118(1) of that Act);</p></content></hcontainer></quotedStructure><inline name="appendText">.</inline></mod></p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" xmlns:default="http://www.w3.org/1999/xhtml" eId="section-216-3"><num>(3)</num><intro><p>In <ref eId="c00311" href="https://www.legislation.gov.uk/ukpga/2017/32/schedule/17/part/2">Part 2</ref> of <ref eId="c00312" href="https://www.legislation.gov.uk/ukpga/2017/32/schedule/17">Schedule 17</ref> to <ref eId="c00313" href="https://www.legislation.gov.uk/ukpga/2017/32/contents">F(No.2)A 2017</ref> (disclosure of tax avoidance schemes: VAT and other indirect taxes)—</p></intro><level class="para1" eId="section-216-3-a"><num>(a)</num><content><p>in the cross heading before paragraph 39 omit “(apart from paragraph 26)”;</p></content></level><level class="para1" eId="section-216-3-b"><num>(b)</num><content><p><mod>for paragraphs 39 to 44 substitute—<quotedStructure startQuote="“" endQuote="”" uk:context="schedule" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="schedule" ukl:Format="double"><paragraph eId="d28e34616" class="schProv1"><num>39</num><subparagraph eId="d28e34620"><num>(1)</num><content><p>A person who fails to comply with a duty imposed by a provision of Part 1 of this Schedule mentioned in the first column of the table is liable to a penalty not exceeding the amount specified in relation to that provision in the second column.</p><tblock class="table" ukl:Orientation="portrait"><foreign><default:table xmlns="http://www.w3.org/1999/xhtml"><default:colgroup><default:col style="width:33.34%"/><default:col style="width:66.66%"/></default:colgroup><default:thead><default:tr><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Provision</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Maximum penalty amount</p></default:th></default:tr></default:thead><default:tbody><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Paragraph 11(1) or 12(1) (promoter’s duty to notify)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">The applicable rate for each day on which the person fails to comply or, if sub-paragraph <ref href="#d28e34774">(3)</ref> applies, £1 million</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Paragraph 17(2) (client’s duty to notify: no UK promoter)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">The applicable rate for each day on which the person fails to comply or, if sub-paragraph <ref href="#d28e34774">(3)</ref> applies, £1 million</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Paragraph 18(2) (client’s duty to notify: no promoter)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">The applicable rate for each day on which the person fails to comply or, if sub-paragraph <ref href="#d28e34774">(3)</ref> applies, £1 million</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Paragraph 19 (duty to provide further information)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">The applicable rate for each day on which the person fails to comply or, if sub-paragraph <ref href="#d28e34774">(3)</ref> applies, £1 million</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Paragraph 21 (promoter’s duty to update information)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£5,000</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Paragraph 22C (duty to provide further information: paragraph 22(3) case)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">The applicable rate for each day on which the person fails to comply or, if sub-paragraph <ref href="#d28e34774">(3)</ref> applies, £1 million</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Paragraph 23(2) (promoter’s duty to notify client of SRN)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£5,000</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Paragraph 23A(2) (duty to notify client of SRN: paragraph 22(3) case)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£5,000</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Paragraph 24(3) (client’s duty to notify other persons of SRN)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£5,000</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Paragraph 25(2) (client’s duty to provide client information to promoter or service provider)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£5,000</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Paragraph 26(1) or regulations under paragraph 26(3) (other party’s duty to provide information)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">The amount specified in sub-paragraph <ref href="#d28e34780">(4)</ref></p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Paragraph 27(3) (promoter’s or service provider’s duty to provide client information)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£5,000</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Paragraph 28 (service provider’s duty to provide other party’s information)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£5,000</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Paragraph 29 (duty to provide statement on notifiability)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£5,000</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Paragraph 30 (duty to provide supporting evidence on notifiability)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£5,000</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Paragraph 31 (introducer’s duty to provide other person’s information)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£5,000</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Paragraph 33 (duty to provide information in addition to SRN to client or other persons)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£5,000</p></default:td></default:tr></default:tbody></default:table></foreign></tblock></content></subparagraph><subparagraph eId="d28e34741"><num>(2)</num><intro><p>The “<term refersTo="#term-applicable-rate">applicable rate</term>” means—</p></intro><level class="para1"><num>(a)</num><content><p>£600, or</p></content></level><level class="para1" eId="d28e34756"><num>(b)</num><intro><p>where an order has been made under paragraph 4 or 5 (orders about notifiability) in respect of the arrangements or proposal in relation to which the person fails to comply—</p></intro><level class="para2"><num>(i)</num><content><p>£600 for each day falling before the end of the period of eleven days beginning with the day on which the order was made, and</p></content></level><level class="para2"><num>(ii)</num><content><p>£5,000 for each day falling after the end of that period.</p></content></level></level></subparagraph><subparagraph eId="d28e34774"><num>(3)</num><content><p>This sub-paragraph applies where an authorised officer considers that the amount otherwise specified in relation to the provision is inappropriately low.</p></content></subparagraph><subparagraph eId="d28e34780"><num>(4)</num><intro><p>The amount specified for paragraph 26(1) or regulations under paragraph 26(3) is—</p></intro><level class="para1"><num>(a)</num><content><p>£10,000, if the person has failed to comply with the paragraph or regulations on two or more other occasions during the period of 36 months ending with the date of the current failure,</p></content></level><level class="para1"><num>(b)</num><content><p>£7,500, if the person has failed to comply with the paragraph or regulations on one other occasion during the period of 36 months ending with the date of the current failure, or</p></content></level><level class="para1"><num>(c)</num><content><p>£5,000, in any other case.</p></content></level></subparagraph><subparagraph eId="d28e34804"><num>(5)</num><intro><p>In sub-paragraph <ref href="#d28e34620">(1)</ref>, a reference to a day on which a person fails to comply with a duty is a reference to a day that—</p></intro><level class="para1"><num>(a)</num><content><p>begins after the day by which the person was required to comply with the duty, and</p></content></level><level class="para1"><num>(b)</num><intro><p>ends before the earlier of—</p></intro><level class="para2"><num>(i)</num><content><p>the day on which the person complies with the duty,</p></content></level><level class="para2"><num>(ii)</num><content><p>the day on which any reference number is allocated to the arrangements or proposed arrangements concerned in the circumstances described in sub-paragraph <ref href="#d28e34849">(6)</ref>, and</p></content></level><level class="para2"><num>(iii)</num><content><p>the day on which a penalty under <ref href="#d28e34620">sub-paragraph (1)</ref> is imposed in relation to the failure.</p></content></level></level></subparagraph><subparagraph eId="d28e34849"><num>(6)</num><intro><p>The circumstances are—</p></intro><level class="para1"><num>(a)</num><content><p>the duty referred to in sub-paragraph <ref href="#d28e34804">(5)</ref> is a duty imposed by paragraph 11(1), 12(1), 17(2) or 18(2), and</p></content></level><level class="para1"><num>(b)</num><content><p>it is a case within paragraph 22(3).</p></content></level></subparagraph><subparagraph><num>(7)</num><content><p>In this paragraph “<term refersTo="#term-authorised-officer">authorised officer</term>” means an officer of Revenue and Customs authorised by HMRC for the purposes of this paragraph.</p></content></subparagraph></paragraph><paragraph eId="d28e34879" class="schProv1"><num>40</num><subparagraph eId="d28e34883"><num>(1)</num><intro><p>If—</p></intro><level class="para1"><num>(a)</num><content><p>a penalty under paragraph <ref href="#d28e34616">39</ref> is imposed in relation to a person’s failure to comply with a duty, and</p></content></level><level class="para1"><num>(b)</num><content><p>after the penalty has been imposed, the person continues to fail to comply with the duty,</p></content></level><wrapUp><p>the person is liable to a further penalty not exceeding the applicable rate (as defined in paragraph <ref href="#d28e34616">39</ref><ref href="#d28e34741">(2)</ref>) for each day on which the failure continues.</p></wrapUp></subparagraph><subparagraph><num>(2)</num><content><p>Sub-paragraph <ref href="#d28e34883">(1)</ref> does not apply to a failure to comply with a duty imposed by paragraph 26(1) or regulations under paragraph 26(3).</p></content></subparagraph></paragraph><paragraph class="schProv1"><num>41</num><subparagraph><num>(1)</num><intro><p>In assessing the amount of a specified penalty (including considering whether an amount is inappropriately low under paragraph <ref href="#d28e34616">39</ref><ref href="#d28e34774">(3)</ref>), an authorised officer must have regard to all relevant considerations, including—</p></intro><level class="para1"><num>(a)</num><content><p>the desirability of the penalty being set at a level which appears appropriate for deterring the person, or other persons, from similar failures to comply on future occasions;</p></content></level><level class="para1"><num>(b)</num><content><p>the amount of any fees received, or likely to have been received, by the person in connection with the proposal or arrangements concerned;</p></content></level><level class="para1"><num>(c)</num><content><p>in the case of a person entering into the arrangements, the amount of any advantage gained, or sought to be gained, by that person.</p></content></level></subparagraph><subparagraph><num>(2)</num><intro><p>In this paragraph—</p></intro><level class="para1"><num>(a)</num><content><p>“<term refersTo="#term-authorised-officer">authorised officer</term>” means an officer of Revenue and Customs authorised by HMRC for the purposes of this paragraph;</p></content></level><level class="para1"><num>(b)</num><content><p>a “specified penalty” is a penalty under paragraph <ref href="#d28e34616">39</ref> that is imposed in relation to a person’s failure to comply with a duty imposed by paragraph 11(1), 12(1), 17(2), 18(2), 19 or 22C.</p></content></level></subparagraph></paragraph><paragraph class="schProv1"><num>42</num><subparagraph><num>(1)</num><content><p>The Treasury may by regulations make provision for the purpose of varying any of the amounts specified in paragraph <ref href="#d28e34616">39</ref> or <ref href="#d28e34879">40</ref>.</p></content></subparagraph><subparagraph><num>(2)</num><content><p>Regulations under this paragraph may include incidental or transitional provision.</p></content></subparagraph></paragraph></quotedStructure><inline name="appendText">;</inline></mod></p></content></level><level class="para1" eId="section-216-3-c"><num>(c)</num><content><p>omit <ref eId="c00314" href="https://www.legislation.gov.uk/ukpga/2017/32/schedule/17/paragraph/45">paragraph 45</ref> and the cross heading before paragraph 45;</p></content></level><level class="para1" eId="section-216-3-d"><num>(d)</num><content><p>in the italic cross heading before paragraph 46, omit “under paragraph 39(1)(b) or 44”;</p></content></level><level class="para1" eId="section-216-3-e"><num>(e)</num><content><p><mod>in <ref eId="c00315" href="https://www.legislation.gov.uk/ukpga/2017/32/schedule/17/paragraph/46">paragraph 46</ref><ref eId="c00316" href="https://www.legislation.gov.uk/ukpga/2017/32/schedule/17/paragraph/46">(1)</ref>, for “39(1)(b) or 44” substitute <quotedText>“<ref href="#d28e34616">39</ref> or <ref href="#d28e34879">40</ref>”</quotedText>;</mod></p></content></level><level class="para1" eId="section-216-3-f"><num>(f)</num><content><p><mod>in <ref eId="c00317" href="https://www.legislation.gov.uk/ukpga/2017/32/schedule/17/paragraph/49">paragraph 49</ref><ref eId="c00318" href="https://www.legislation.gov.uk/ukpga/2017/32/schedule/17/paragraph/49">(2)</ref><ref eId="c00319" href="https://www.legislation.gov.uk/ukpga/2017/32/schedule/17/paragraph/49">(a)</ref>, for “prescribed period mentioned in paragraph 41” substitute <quotedText>“period mentioned in paragraph <ref href="#d28e34616">39</ref><ref href="#d28e34741">(2)</ref><ref href="#d28e34756">(b)</ref>”</quotedText>.</mod></p></content></level></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-216-3-a"><num>(a)</num><content><p>in the cross heading before paragraph 39 omit “(apart from paragraph 26)”;</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" xmlns:default="http://www.w3.org/1999/xhtml" class="para1" eId="section-216-3-b"><num>(b)</num><content><p><mod>for paragraphs 39 to 44 substitute—<quotedStructure startQuote="“" endQuote="”" uk:context="schedule" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="schedule" ukl:Format="double"><paragraph eId="d28e34616" class="schProv1"><num>39</num><subparagraph eId="d28e34620"><num>(1)</num><content><p>A person who fails to comply with a duty imposed by a provision of Part 1 of this Schedule mentioned in the first column of the table is liable to a penalty not exceeding the amount specified in relation to that provision in the second column.</p><tblock class="table" ukl:Orientation="portrait"><foreign><default:table xmlns="http://www.w3.org/1999/xhtml"><default:colgroup><default:col style="width:33.34%"/><default:col style="width:66.66%"/></default:colgroup><default:thead><default:tr><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Provision</p></default:th><default:th><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Maximum penalty amount</p></default:th></default:tr></default:thead><default:tbody><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Paragraph 11(1) or 12(1) (promoter’s duty to notify)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">The applicable rate for each day on which the person fails to comply or, if sub-paragraph <ref href="#d28e34774">(3)</ref> applies, £1 million</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Paragraph 17(2) (client’s duty to notify: no UK promoter)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">The applicable rate for each day on which the person fails to comply or, if sub-paragraph <ref href="#d28e34774">(3)</ref> applies, £1 million</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Paragraph 18(2) (client’s duty to notify: no promoter)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">The applicable rate for each day on which the person fails to comply or, if sub-paragraph <ref href="#d28e34774">(3)</ref> applies, £1 million</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Paragraph 19 (duty to provide further information)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">The applicable rate for each day on which the person fails to comply or, if sub-paragraph <ref href="#d28e34774">(3)</ref> applies, £1 million</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Paragraph 21 (promoter’s duty to update information)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£5,000</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Paragraph 22C (duty to provide further information: paragraph 22(3) case)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">The applicable rate for each day on which the person fails to comply or, if sub-paragraph <ref href="#d28e34774">(3)</ref> applies, £1 million</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Paragraph 23(2) (promoter’s duty to notify client of SRN)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£5,000</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Paragraph 23A(2) (duty to notify client of SRN: paragraph 22(3) case)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£5,000</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Paragraph 24(3) (client’s duty to notify other persons of SRN)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£5,000</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Paragraph 25(2) (client’s duty to provide client information to promoter or service provider)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£5,000</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Paragraph 26(1) or regulations under paragraph 26(3) (other party’s duty to provide information)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">The amount specified in sub-paragraph <ref href="#d28e34780">(4)</ref></p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Paragraph 27(3) (promoter’s or service provider’s duty to provide client information)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£5,000</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Paragraph 28 (service provider’s duty to provide other party’s information)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£5,000</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Paragraph 29 (duty to provide statement on notifiability)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£5,000</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Paragraph 30 (duty to provide supporting evidence on notifiability)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£5,000</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Paragraph 31 (introducer’s duty to provide other person’s information)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£5,000</p></default:td></default:tr><default:tr><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">Paragraph 33 (duty to provide information in addition to SRN to client or other persons)</p></default:td><default:td><p xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0">£5,000</p></default:td></default:tr></default:tbody></default:table></foreign></tblock></content></subparagraph><subparagraph eId="d28e34741"><num>(2)</num><intro><p>The “<term refersTo="#term-applicable-rate">applicable rate</term>” means—</p></intro><level class="para1"><num>(a)</num><content><p>£600, or</p></content></level><level class="para1" eId="d28e34756"><num>(b)</num><intro><p>where an order has been made under paragraph 4 or 5 (orders about notifiability) in respect of the arrangements or proposal in relation to which the person fails to comply—</p></intro><level class="para2"><num>(i)</num><content><p>£600 for each day falling before the end of the period of eleven days beginning with the day on which the order was made, and</p></content></level><level class="para2"><num>(ii)</num><content><p>£5,000 for each day falling after the end of that period.</p></content></level></level></subparagraph><subparagraph eId="d28e34774"><num>(3)</num><content><p>This sub-paragraph applies where an authorised officer considers that the amount otherwise specified in relation to the provision is inappropriately low.</p></content></subparagraph><subparagraph eId="d28e34780"><num>(4)</num><intro><p>The amount specified for paragraph 26(1) or regulations under paragraph 26(3) is—</p></intro><level class="para1"><num>(a)</num><content><p>£10,000, if the person has failed to comply with the paragraph or regulations on two or more other occasions during the period of 36 months ending with the date of the current failure,</p></content></level><level class="para1"><num>(b)</num><content><p>£7,500, if the person has failed to comply with the paragraph or regulations on one other occasion during the period of 36 months ending with the date of the current failure, or</p></content></level><level class="para1"><num>(c)</num><content><p>£5,000, in any other case.</p></content></level></subparagraph><subparagraph eId="d28e34804"><num>(5)</num><intro><p>In sub-paragraph <ref href="#d28e34620">(1)</ref>, a reference to a day on which a person fails to comply with a duty is a reference to a day that—</p></intro><level class="para1"><num>(a)</num><content><p>begins after the day by which the person was required to comply with the duty, and</p></content></level><level class="para1"><num>(b)</num><intro><p>ends before the earlier of—</p></intro><level class="para2"><num>(i)</num><content><p>the day on which the person complies with the duty,</p></content></level><level class="para2"><num>(ii)</num><content><p>the day on which any reference number is allocated to the arrangements or proposed arrangements concerned in the circumstances described in sub-paragraph <ref href="#d28e34849">(6)</ref>, and</p></content></level><level class="para2"><num>(iii)</num><content><p>the day on which a penalty under <ref href="#d28e34620">sub-paragraph (1)</ref> is imposed in relation to the failure.</p></content></level></level></subparagraph><subparagraph eId="d28e34849"><num>(6)</num><intro><p>The circumstances are—</p></intro><level class="para1"><num>(a)</num><content><p>the duty referred to in sub-paragraph <ref href="#d28e34804">(5)</ref> is a duty imposed by paragraph 11(1), 12(1), 17(2) or 18(2), and</p></content></level><level class="para1"><num>(b)</num><content><p>it is a case within paragraph 22(3).</p></content></level></subparagraph><subparagraph><num>(7)</num><content><p>In this paragraph “<term refersTo="#term-authorised-officer">authorised officer</term>” means an officer of Revenue and Customs authorised by HMRC for the purposes of this paragraph.</p></content></subparagraph></paragraph><paragraph eId="d28e34879" class="schProv1"><num>40</num><subparagraph eId="d28e34883"><num>(1)</num><intro><p>If—</p></intro><level class="para1"><num>(a)</num><content><p>a penalty under paragraph <ref href="#d28e34616">39</ref> is imposed in relation to a person’s failure to comply with a duty, and</p></content></level><level class="para1"><num>(b)</num><content><p>after the penalty has been imposed, the person continues to fail to comply with the duty,</p></content></level><wrapUp><p>the person is liable to a further penalty not exceeding the applicable rate (as defined in paragraph <ref href="#d28e34616">39</ref><ref href="#d28e34741">(2)</ref>) for each day on which the failure continues.</p></wrapUp></subparagraph><subparagraph><num>(2)</num><content><p>Sub-paragraph <ref href="#d28e34883">(1)</ref> does not apply to a failure to comply with a duty imposed by paragraph 26(1) or regulations under paragraph 26(3).</p></content></subparagraph></paragraph><paragraph class="schProv1"><num>41</num><subparagraph><num>(1)</num><intro><p>In assessing the amount of a specified penalty (including considering whether an amount is inappropriately low under paragraph <ref href="#d28e34616">39</ref><ref href="#d28e34774">(3)</ref>), an authorised officer must have regard to all relevant considerations, including—</p></intro><level class="para1"><num>(a)</num><content><p>the desirability of the penalty being set at a level which appears appropriate for deterring the person, or other persons, from similar failures to comply on future occasions;</p></content></level><level class="para1"><num>(b)</num><content><p>the amount of any fees received, or likely to have been received, by the person in connection with the proposal or arrangements concerned;</p></content></level><level class="para1"><num>(c)</num><content><p>in the case of a person entering into the arrangements, the amount of any advantage gained, or sought to be gained, by that person.</p></content></level></subparagraph><subparagraph><num>(2)</num><intro><p>In this paragraph—</p></intro><level class="para1"><num>(a)</num><content><p>“<term refersTo="#term-authorised-officer">authorised officer</term>” means an officer of Revenue and Customs authorised by HMRC for the purposes of this paragraph;</p></content></level><level class="para1"><num>(b)</num><content><p>a “specified penalty” is a penalty under paragraph <ref href="#d28e34616">39</ref> that is imposed in relation to a person’s failure to comply with a duty imposed by paragraph 11(1), 12(1), 17(2), 18(2), 19 or 22C.</p></content></level></subparagraph></paragraph><paragraph class="schProv1"><num>42</num><subparagraph><num>(1)</num><content><p>The Treasury may by regulations make provision for the purpose of varying any of the amounts specified in paragraph <ref href="#d28e34616">39</ref> or <ref href="#d28e34879">40</ref>.</p></content></subparagraph><subparagraph><num>(2)</num><content><p>Regulations under this paragraph may include incidental or transitional provision.</p></content></subparagraph></paragraph></quotedStructure><inline name="appendText">;</inline></mod></p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-216-3-c"><num>(c)</num><content><p>omit <ref eId="c00314" href="https://www.legislation.gov.uk/ukpga/2017/32/schedule/17/paragraph/45">paragraph 45</ref> and the cross heading before paragraph 45;</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-216-3-d"><num>(d)</num><content><p>in the italic cross heading before paragraph 46, omit “under paragraph 39(1)(b) or 44”;</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-216-3-e"><num>(e)</num><content><p><mod>in <ref eId="c00315" href="https://www.legislation.gov.uk/ukpga/2017/32/schedule/17/paragraph/46">paragraph 46</ref><ref eId="c00316" href="https://www.legislation.gov.uk/ukpga/2017/32/schedule/17/paragraph/46">(1)</ref>, for “39(1)(b) or 44” substitute <quotedText>“<ref href="#d28e34616">39</ref> or <ref href="#d28e34879">40</ref>”</quotedText>;</mod></p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-216-3-f"><num>(f)</num><content><p><mod>in <ref eId="c00317" href="https://www.legislation.gov.uk/ukpga/2017/32/schedule/17/paragraph/49">paragraph 49</ref><ref eId="c00318" href="https://www.legislation.gov.uk/ukpga/2017/32/schedule/17/paragraph/49">(2)</ref><ref eId="c00319" href="https://www.legislation.gov.uk/ukpga/2017/32/schedule/17/paragraph/49">(a)</ref>, for “prescribed period mentioned in paragraph 41” substitute <quotedText>“period mentioned in paragraph <ref href="#d28e34616">39</ref><ref href="#d28e34741">(2)</ref><ref href="#d28e34756">(b)</ref>”</quotedText>.</mod></p></content></level>
<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-217"><num>217</num><heading>Removal of time limits on publication by HMRC</heading><subsection eId="section-217-1"><num>(1)</num><content><p>In <ref eId="c00320" href="https://www.legislation.gov.uk/ukpga/2004/12/part/7">Part 7</ref> of <ref eId="c00321" href="https://www.legislation.gov.uk/ukpga/2004/12/contents">FA 2004</ref> (disclosure of tax avoidance schemes), in <ref eId="c00322" href="https://www.legislation.gov.uk/ukpga/2004/12/section/316C">section 316C</ref> (publication by HMRC), omit <ref eId="c00323" href="https://www.legislation.gov.uk/ukpga/2004/12/section/316C">subsections (6A)</ref> and <ref eId="c00324" href="https://www.legislation.gov.uk/ukpga/2004/12/section/316C">(6B)</ref>.</p></content></subsection><subsection eId="section-217-2"><num>(2)</num><content><p>In <ref eId="c00325" href="https://www.legislation.gov.uk/ukpga/2017/32/schedule/17/part/1">Part 1</ref> of <ref eId="c00326" href="https://www.legislation.gov.uk/ukpga/2017/32/schedule/17">Schedule 17</ref> to <ref eId="c00327" href="https://www.legislation.gov.uk/ukpga/2017/32/contents">F(No.2)A 2017</ref> (disclosure of tax avoidance schemes: VAT and other indirect taxes), in <ref eId="c00328" href="https://www.legislation.gov.uk/ukpga/2017/32/schedule/17/paragraph/36">paragraph 36</ref> (publication by HMRC), omit <ref eId="c00329" href="https://www.legislation.gov.uk/ukpga/2017/32/schedule/17/paragraph/36">sub-paragraphs (7)</ref> and <ref eId="c00330" href="https://www.legislation.gov.uk/ukpga/2017/32/schedule/17/paragraph/36">(8)</ref>.</p></content></subsection></section>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-217-1"><num>(1)</num><content><p>In <ref eId="c00320" href="https://www.legislation.gov.uk/ukpga/2004/12/part/7">Part 7</ref> of <ref eId="c00321" href="https://www.legislation.gov.uk/ukpga/2004/12/contents">FA 2004</ref> (disclosure of tax avoidance schemes), in <ref eId="c00322" href="https://www.legislation.gov.uk/ukpga/2004/12/section/316C">section 316C</ref> (publication by HMRC), omit <ref eId="c00323" href="https://www.legislation.gov.uk/ukpga/2004/12/section/316C">subsections (6A)</ref> and <ref eId="c00324" href="https://www.legislation.gov.uk/ukpga/2004/12/section/316C">(6B)</ref>.</p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-217-2"><num>(2)</num><content><p>In <ref eId="c00325" href="https://www.legislation.gov.uk/ukpga/2017/32/schedule/17/part/1">Part 1</ref> of <ref eId="c00326" href="https://www.legislation.gov.uk/ukpga/2017/32/schedule/17">Schedule 17</ref> to <ref eId="c00327" href="https://www.legislation.gov.uk/ukpga/2017/32/contents">F(No.2)A 2017</ref> (disclosure of tax avoidance schemes: VAT and other indirect taxes), in <ref eId="c00328" href="https://www.legislation.gov.uk/ukpga/2017/32/schedule/17/paragraph/36">paragraph 36</ref> (publication by HMRC), omit <ref eId="c00329" href="https://www.legislation.gov.uk/ukpga/2017/32/schedule/17/paragraph/36">sub-paragraphs (7)</ref> and <ref eId="c00330" href="https://www.legislation.gov.uk/ukpga/2017/32/schedule/17/paragraph/36">(8)</ref>.</p></content></subsection>
<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="section-218"><num>218</num><heading>Consequential amendments</heading><subsection eId="section-218-1"><num>(1)</num><intro><p>In <ref eId="c00331" href="https://www.legislation.gov.uk/ukpga/2014/26/schedule/34/paragraph/5">paragraph 5</ref> of <ref eId="c00332" href="https://www.legislation.gov.uk/ukpga/2014/26/schedule/34">Schedule 34</ref> to <ref eId="c00333" href="https://www.legislation.gov.uk/ukpga/2014/26/contents">FA 2014</ref> (promoters of tax avoidance schemes: threshold conditions)—</p></intro><level class="para1" eId="section-218-1-a"><num>(a)</num><content><p><mod>in <ref eId="c00334" href="https://www.legislation.gov.uk/ukpga/2014/26/schedule/34/paragraph/5">sub-paragraph (3)</ref><ref eId="c00335" href="https://www.legislation.gov.uk/ukpga/2014/26/schedule/34/paragraph/5">(a)</ref>, for “the tribunal” substitute <quotedText>“an authorised officer”</quotedText>;</mod></p></content></level><level class="para1" eId="section-218-1-b"><num>(b)</num><intro><p>in <ref eId="c00336" href="https://www.legislation.gov.uk/ukpga/2014/26/schedule/34/paragraph/5">sub-paragraph (4)</ref><ref eId="c00337" href="https://www.legislation.gov.uk/ukpga/2014/26/schedule/34/paragraph/5">(a)</ref>—</p></intro><level class="para2" eId="section-218-1-b-i"><num>(i)</num><content><p><mod>at the beginning insert <quotedText>“on appeal,”</quotedText>;</mod></p></content></level><level class="para2" eId="section-218-1-b-ii"><num>(ii)</num><content><p><mod>for “section 118(2) of TMA 1970” substitute <quotedText>“section <ref href="#d28e34430">315D</ref><ref href="#d28e34434">(1)</ref> of FA 2004”</quotedText>;</mod></p></content></level></level><level class="para1" eId="section-218-1-c"><num>(c)</num><content><p><mod>for sub-paragraph (6) substitute—<quotedStructure startQuote="“" endQuote="”" uk:context="schedule" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="schedule" ukl:Format="double"><subparagraph><num>(6)</num><intro><p>For the purposes of this paragraph—</p></intro><hcontainer name="definition"><intro><p>“<term refersTo="#term-appeal-period">appeal period</term>” means—</p></intro><level class="para1"><num>(a)</num><content><p>the period during which an appeal could be brought against the determination of an authorised officer or the tribunal, as applicable, or</p></content></level><level class="para1"><num>(b)</num><content><p>where an appeal mentioned in paragraph (a) has been brought, the period during which that appeal has not been finally determined, withdrawn or otherwise disposed of;</p></content></level></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-authorised-officer">authorised officer</term>” means an officer of Revenue and Customs who is, or is a member of a class of officers who are, authorised by HMRC for the purposes of the provision concerned.</p></content></hcontainer></subparagraph></quotedStructure><inline name="appendText">.</inline></mod></p></content></level></subsection><subsection eId="section-218-2"><num>(2)</num><content><p><mod>In <ref eId="c00338" href="https://www.legislation.gov.uk/ukpga/2020/14/schedule/13/paragraph/5">paragraph 5</ref> of <ref eId="c00339" href="https://www.legislation.gov.uk/ukpga/2020/14/schedule/13">Schedule 13</ref> to <ref eId="c00340" href="https://www.legislation.gov.uk/ukpga/2020/14/contents">FA 2020</ref> (joint and several liability of company directors), for sub-paragraph (6)(a) substitute—<quotedStructure startQuote="“" endQuote="”" uk:context="schedule" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="schedule" ukl:Format="double"><level class="para1"><num>(a)</num><content><p>sections 315 and 315A of FA 2004 (penalties for non-disclosure of tax avoidance schemes);</p></content></level></quotedStructure><inline name="appendText">.</inline></mod></p></content></subsection><subsection eId="section-218-3"><num>(3)</num><intro><p>In <ref eId="c00341" href="https://www.legislation.gov.uk/ukpga/1992/5/section/132A">section 132A</ref><ref eId="c00342" href="https://www.legislation.gov.uk/ukpga/1992/5/section/132A">(2)</ref> of the <ref eId="c00343" href="https://www.legislation.gov.uk/ukpga/1992/5/contents">Social Security Administration Act 1992</ref> (disclosure of contributions avoidance arrangements)—</p></intro><level class="para1" eId="section-218-3-a"><num>(a)</num><content><p><mod>in <ref eId="c00344" href="https://www.legislation.gov.uk/ukpga/1992/5/section/132A">paragraph (a)</ref>, at the end insert <quotedText>“or to a penalty under that Part”</quotedText>;</mod></p></content></level><level class="para1" eId="section-218-3-b"><num>(b)</num><intro><p>in <ref eId="c00345" href="https://www.legislation.gov.uk/ukpga/1992/5/section/132A">paragraph (b)</ref>—</p></intro><level class="para2" eId="section-218-3-b-i"><num>(i)</num><content><p><mod>for “section 98C of the Taxes Management Act 1970 (penalties for failure to comply with Part 7 of the Finance Act 2004) and any other” substitute <quotedText>“any”</quotedText>;</mod></p></content></level><level class="para2" eId="section-218-3-b-ii"><num>(ii)</num><content><p><mod>for “that section” substitute <quotedText>“Part 7 of the Finance Act 2004”</quotedText>.</mod></p></content></level></level></subsection><subsection eId="section-218-4"><num>(4)</num><intro><p>In <ref eId="c00346" href="https://www.legislation.gov.uk/ukpga/2022/3/contents">FA 2022</ref>—</p></intro><level class="para1" eId="section-218-4-a"><num>(a)</num><intro><p>in <ref eId="c00347" href="https://www.legislation.gov.uk/ukpga/2022/3/section/90">section 90</ref><ref eId="c00348" href="https://www.legislation.gov.uk/ukpga/2022/3/section/90">(3)</ref> (freezing orders: interpretation etc)—</p></intro><level class="para2" eId="section-218-4-a-i"><num>(i)</num><content><p>omit <ref eId="c00349" href="https://www.legislation.gov.uk/ukpga/2022/3/section/90">paragraph (a)</ref>;</p></content></level><level class="para2" eId="section-218-4-a-ii"><num>(ii)</num><content><p>omit <ref eId="c00350" href="https://www.legislation.gov.uk/ukpga/2022/3/section/90">paragraph (d)</ref>;</p></content></level></level><level class="para1" eId="section-218-4-b"><num>(b)</num><content><p><mod>in <ref eId="c00351" href="https://www.legislation.gov.uk/ukpga/2022/3/schedule/13">Schedule 13</ref> (penalties for facilitating avoidance schemes involving non-resident promoters), in <ref eId="c00352" href="https://www.legislation.gov.uk/ukpga/2022/3/schedule/13/paragraph/1">paragraph 1</ref><ref eId="c00353" href="https://www.legislation.gov.uk/ukpga/2022/3/schedule/13/paragraph/1">(4)</ref>, for <ref href="#section-218-4-a">paragraph (a)</ref> substitute—<quotedStructure startQuote="“" endQuote="”" uk:context="schedule" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="schedule" ukl:Format="double"><level class="para1"><num>(a)</num><content><p>section <ref href="#d28e34054">315</ref> or 315A of FA 2004 (disclosure of tax avoidance schemes);</p></content></level></quotedStructure><inline name="appendText">.</inline></mod></p></content></level></subsection></section>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="section-218-1"><num>(1)</num><intro><p>In <ref eId="c00331" href="https://www.legislation.gov.uk/ukpga/2014/26/schedule/34/paragraph/5">paragraph 5</ref> of <ref eId="c00332" href="https://www.legislation.gov.uk/ukpga/2014/26/schedule/34">Schedule 34</ref> to <ref eId="c00333" href="https://www.legislation.gov.uk/ukpga/2014/26/contents">FA 2014</ref> (promoters of tax avoidance schemes: threshold conditions)—</p></intro><level class="para1" eId="section-218-1-a"><num>(a)</num><content><p><mod>in <ref eId="c00334" href="https://www.legislation.gov.uk/ukpga/2014/26/schedule/34/paragraph/5">sub-paragraph (3)</ref><ref eId="c00335" href="https://www.legislation.gov.uk/ukpga/2014/26/schedule/34/paragraph/5">(a)</ref>, for “the tribunal” substitute <quotedText>“an authorised officer”</quotedText>;</mod></p></content></level><level class="para1" eId="section-218-1-b"><num>(b)</num><intro><p>in <ref eId="c00336" href="https://www.legislation.gov.uk/ukpga/2014/26/schedule/34/paragraph/5">sub-paragraph (4)</ref><ref eId="c00337" href="https://www.legislation.gov.uk/ukpga/2014/26/schedule/34/paragraph/5">(a)</ref>—</p></intro><level class="para2" eId="section-218-1-b-i"><num>(i)</num><content><p><mod>at the beginning insert <quotedText>“on appeal,”</quotedText>;</mod></p></content></level><level class="para2" eId="section-218-1-b-ii"><num>(ii)</num><content><p><mod>for “section 118(2) of TMA 1970” substitute <quotedText>“section <ref href="#d28e34430">315D</ref><ref href="#d28e34434">(1)</ref> of FA 2004”</quotedText>;</mod></p></content></level></level><level class="para1" eId="section-218-1-c"><num>(c)</num><content><p><mod>for sub-paragraph (6) substitute—<quotedStructure startQuote="“" endQuote="”" uk:context="schedule" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="schedule" ukl:Format="double"><subparagraph><num>(6)</num><intro><p>For the purposes of this paragraph—</p></intro><hcontainer name="definition"><intro><p>“<term refersTo="#term-appeal-period">appeal period</term>” means—</p></intro><level class="para1"><num>(a)</num><content><p>the period during which an appeal could be brought against the determination of an authorised officer or the tribunal, as applicable, or</p></content></level><level class="para1"><num>(b)</num><content><p>where an appeal mentioned in paragraph (a) has been brought, the period during which that appeal has not been finally determined, withdrawn or otherwise disposed of;</p></content></level></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-authorised-officer">authorised officer</term>” means an officer of Revenue and Customs who is, or is a member of a class of officers who are, authorised by HMRC for the purposes of the provision concerned.</p></content></hcontainer></subparagraph></quotedStructure><inline name="appendText">.</inline></mod></p></content></level></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-218-1-a"><num>(a)</num><content><p><mod>in <ref eId="c00334" href="https://www.legislation.gov.uk/ukpga/2014/26/schedule/34/paragraph/5">sub-paragraph (3)</ref><ref eId="c00335" href="https://www.legislation.gov.uk/ukpga/2014/26/schedule/34/paragraph/5">(a)</ref>, for “the tribunal” substitute <quotedText>“an authorised officer”</quotedText>;</mod></p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-218-1-b"><num>(b)</num><intro><p>in <ref eId="c00336" href="https://www.legislation.gov.uk/ukpga/2014/26/schedule/34/paragraph/5">sub-paragraph (4)</ref><ref eId="c00337" href="https://www.legislation.gov.uk/ukpga/2014/26/schedule/34/paragraph/5">(a)</ref>—</p></intro><level class="para2" eId="section-218-1-b-i"><num>(i)</num><content><p><mod>at the beginning insert <quotedText>“on appeal,”</quotedText>;</mod></p></content></level><level class="para2" eId="section-218-1-b-ii"><num>(ii)</num><content><p><mod>for “section 118(2) of TMA 1970” substitute <quotedText>“section <ref href="#d28e34430">315D</ref><ref href="#d28e34434">(1)</ref> of FA 2004”</quotedText>;</mod></p></content></level></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para2" eId="section-218-1-b-i"><num>(i)</num><content><p><mod>at the beginning insert <quotedText>“on appeal,”</quotedText>;</mod></p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para2" eId="section-218-1-b-ii"><num>(ii)</num><content><p><mod>for “section 118(2) of TMA 1970” substitute <quotedText>“section <ref href="#d28e34430">315D</ref><ref href="#d28e34434">(1)</ref> of FA 2004”</quotedText>;</mod></p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" class="para1" eId="section-218-1-c"><num>(c)</num><content><p><mod>for sub-paragraph (6) substitute—<quotedStructure startQuote="“" endQuote="”" uk:context="schedule" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="schedule" ukl:Format="double"><subparagraph><num>(6)</num><intro><p>For the purposes of this paragraph—</p></intro><hcontainer name="definition"><intro><p>“<term refersTo="#term-appeal-period">appeal period</term>” means—</p></intro><level class="para1"><num>(a)</num><content><p>the period during which an appeal could be brought against the determination of an authorised officer or the tribunal, as applicable, or</p></content></level><level class="para1"><num>(b)</num><content><p>where an appeal mentioned in paragraph (a) has been brought, the period during which that appeal has not been finally determined, withdrawn or otherwise disposed of;</p></content></level></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-authorised-officer">authorised officer</term>” means an officer of Revenue and Customs who is, or is a member of a class of officers who are, authorised by HMRC for the purposes of the provision concerned.</p></content></hcontainer></subparagraph></quotedStructure><inline name="appendText">.</inline></mod></p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="section-218-2"><num>(2)</num><content><p><mod>In <ref eId="c00338" href="https://www.legislation.gov.uk/ukpga/2020/14/schedule/13/paragraph/5">paragraph 5</ref> of <ref eId="c00339" href="https://www.legislation.gov.uk/ukpga/2020/14/schedule/13">Schedule 13</ref> to <ref eId="c00340" href="https://www.legislation.gov.uk/ukpga/2020/14/contents">FA 2020</ref> (joint and several liability of company directors), for sub-paragraph (6)(a) substitute—<quotedStructure startQuote="“" endQuote="”" uk:context="schedule" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="schedule" ukl:Format="double"><level class="para1"><num>(a)</num><content><p>sections 315 and 315A of FA 2004 (penalties for non-disclosure of tax avoidance schemes);</p></content></level></quotedStructure><inline name="appendText">.</inline></mod></p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-218-3"><num>(3)</num><intro><p>In <ref eId="c00341" href="https://www.legislation.gov.uk/ukpga/1992/5/section/132A">section 132A</ref><ref eId="c00342" href="https://www.legislation.gov.uk/ukpga/1992/5/section/132A">(2)</ref> of the <ref eId="c00343" href="https://www.legislation.gov.uk/ukpga/1992/5/contents">Social Security Administration Act 1992</ref> (disclosure of contributions avoidance arrangements)—</p></intro><level class="para1" eId="section-218-3-a"><num>(a)</num><content><p><mod>in <ref eId="c00344" href="https://www.legislation.gov.uk/ukpga/1992/5/section/132A">paragraph (a)</ref>, at the end insert <quotedText>“or to a penalty under that Part”</quotedText>;</mod></p></content></level><level class="para1" eId="section-218-3-b"><num>(b)</num><intro><p>in <ref eId="c00345" href="https://www.legislation.gov.uk/ukpga/1992/5/section/132A">paragraph (b)</ref>—</p></intro><level class="para2" eId="section-218-3-b-i"><num>(i)</num><content><p><mod>for “section 98C of the Taxes Management Act 1970 (penalties for failure to comply with Part 7 of the Finance Act 2004) and any other” substitute <quotedText>“any”</quotedText>;</mod></p></content></level><level class="para2" eId="section-218-3-b-ii"><num>(ii)</num><content><p><mod>for “that section” substitute <quotedText>“Part 7 of the Finance Act 2004”</quotedText>.</mod></p></content></level></level></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-218-3-a"><num>(a)</num><content><p><mod>in <ref eId="c00344" href="https://www.legislation.gov.uk/ukpga/1992/5/section/132A">paragraph (a)</ref>, at the end insert <quotedText>“or to a penalty under that Part”</quotedText>;</mod></p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-218-3-b"><num>(b)</num><intro><p>in <ref eId="c00345" href="https://www.legislation.gov.uk/ukpga/1992/5/section/132A">paragraph (b)</ref>—</p></intro><level class="para2" eId="section-218-3-b-i"><num>(i)</num><content><p><mod>for “section 98C of the Taxes Management Act 1970 (penalties for failure to comply with Part 7 of the Finance Act 2004) and any other” substitute <quotedText>“any”</quotedText>;</mod></p></content></level><level class="para2" eId="section-218-3-b-ii"><num>(ii)</num><content><p><mod>for “that section” substitute <quotedText>“Part 7 of the Finance Act 2004”</quotedText>.</mod></p></content></level></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para2" eId="section-218-3-b-i"><num>(i)</num><content><p><mod>for “section 98C of the Taxes Management Act 1970 (penalties for failure to comply with Part 7 of the Finance Act 2004) and any other” substitute <quotedText>“any”</quotedText>;</mod></p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para2" eId="section-218-3-b-ii"><num>(ii)</num><content><p><mod>for “that section” substitute <quotedText>“Part 7 of the Finance Act 2004”</quotedText>.</mod></p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="section-218-4"><num>(4)</num><intro><p>In <ref eId="c00346" href="https://www.legislation.gov.uk/ukpga/2022/3/contents">FA 2022</ref>—</p></intro><level class="para1" eId="section-218-4-a"><num>(a)</num><intro><p>in <ref eId="c00347" href="https://www.legislation.gov.uk/ukpga/2022/3/section/90">section 90</ref><ref eId="c00348" href="https://www.legislation.gov.uk/ukpga/2022/3/section/90">(3)</ref> (freezing orders: interpretation etc)—</p></intro><level class="para2" eId="section-218-4-a-i"><num>(i)</num><content><p>omit <ref eId="c00349" href="https://www.legislation.gov.uk/ukpga/2022/3/section/90">paragraph (a)</ref>;</p></content></level><level class="para2" eId="section-218-4-a-ii"><num>(ii)</num><content><p>omit <ref eId="c00350" href="https://www.legislation.gov.uk/ukpga/2022/3/section/90">paragraph (d)</ref>;</p></content></level></level><level class="para1" eId="section-218-4-b"><num>(b)</num><content><p><mod>in <ref eId="c00351" href="https://www.legislation.gov.uk/ukpga/2022/3/schedule/13">Schedule 13</ref> (penalties for facilitating avoidance schemes involving non-resident promoters), in <ref eId="c00352" href="https://www.legislation.gov.uk/ukpga/2022/3/schedule/13/paragraph/1">paragraph 1</ref><ref eId="c00353" href="https://www.legislation.gov.uk/ukpga/2022/3/schedule/13/paragraph/1">(4)</ref>, for <ref href="#section-218-4-a">paragraph (a)</ref> substitute—<quotedStructure startQuote="“" endQuote="”" uk:context="schedule" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="schedule" ukl:Format="double"><level class="para1"><num>(a)</num><content><p>section <ref href="#d28e34054">315</ref> or 315A of FA 2004 (disclosure of tax avoidance schemes);</p></content></level></quotedStructure><inline name="appendText">.</inline></mod></p></content></level></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-218-4-a"><num>(a)</num><intro><p>in <ref eId="c00347" href="https://www.legislation.gov.uk/ukpga/2022/3/section/90">section 90</ref><ref eId="c00348" href="https://www.legislation.gov.uk/ukpga/2022/3/section/90">(3)</ref> (freezing orders: interpretation etc)—</p></intro><level class="para2" eId="section-218-4-a-i"><num>(i)</num><content><p>omit <ref eId="c00349" href="https://www.legislation.gov.uk/ukpga/2022/3/section/90">paragraph (a)</ref>;</p></content></level><level class="para2" eId="section-218-4-a-ii"><num>(ii)</num><content><p>omit <ref eId="c00350" href="https://www.legislation.gov.uk/ukpga/2022/3/section/90">paragraph (d)</ref>;</p></content></level></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para2" eId="section-218-4-a-i"><num>(i)</num><content><p>omit <ref eId="c00349" href="https://www.legislation.gov.uk/ukpga/2022/3/section/90">paragraph (a)</ref>;</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para2" eId="section-218-4-a-ii"><num>(ii)</num><content><p>omit <ref eId="c00350" href="https://www.legislation.gov.uk/ukpga/2022/3/section/90">paragraph (d)</ref>;</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" class="para1" eId="section-218-4-b"><num>(b)</num><content><p><mod>in <ref eId="c00351" href="https://www.legislation.gov.uk/ukpga/2022/3/schedule/13">Schedule 13</ref> (penalties for facilitating avoidance schemes involving non-resident promoters), in <ref eId="c00352" href="https://www.legislation.gov.uk/ukpga/2022/3/schedule/13/paragraph/1">paragraph 1</ref><ref eId="c00353" href="https://www.legislation.gov.uk/ukpga/2022/3/schedule/13/paragraph/1">(4)</ref>, for <ref href="#section-218-4-a">paragraph (a)</ref> substitute—<quotedStructure startQuote="“" endQuote="”" uk:context="schedule" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="schedule" ukl:Format="double"><level class="para1"><num>(a)</num><content><p>section <ref href="#d28e34054">315</ref> or 315A of FA 2004 (disclosure of tax avoidance schemes);</p></content></level></quotedStructure><inline name="appendText">.</inline></mod></p></content></level>
<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-219"><num>219</num><heading>Commencement</heading><content><p>The amendments made by sections <ref href="#section-216">216</ref> and <ref href="#section-218">218</ref> do not have effect in relation to a penalty for which proceedings have been commenced under section 100C TMA or paragraph 45 of Schedule 17 to F(No.2)A 2017 before sections <ref href="#section-216">216</ref> and <ref href="#section-218">218</ref> come into force.</p></content></section>
<hcontainer xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" name="crossheading" ukl:Name="Pblock" eId="part-6-chapter-4-crossheading-construction-industry-scheme-amendments"><heading>Construction industry scheme: amendments</heading><section eId="section-220"><num>220</num><heading>Construction industry scheme: amendments</heading><subsection eId="section-220-1"><num>(1)</num><content><p><ref eId="c00354" href="https://www.legislation.gov.uk/ukpga/2004/12/part/3/chapter/3">Chapter 3</ref> of <ref eId="c00355" href="https://www.legislation.gov.uk/ukpga/2004/12/part/3">Part 3</ref> of <ref eId="c00356" href="https://www.legislation.gov.uk/ukpga/2004/12/contents">FA 2004</ref> (construction industry scheme) is amended as follows.</p></content></subsection><subsection eId="section-220-2"><num>(2)</num><content><p><mod>After <ref eId="c00357" href="https://www.legislation.gov.uk/ukpga/2004/12/section/62">section 62</ref> insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><hcontainer name="crossheading" ukl:Name="Pblock"><heading>Liability for things done in the knowledge of deliberate failures to comply</heading><section eId="d28e35426"><num>62A</num><heading>Payments made in the knowledge of deliberate failures to comply</heading><subsection eId="d28e35430"><num>(1)</num><intro><p>This section applies to a person who—</p></intro><level class="para1" eId="d28e35436"><num>(a)</num><content><p>has made a payment under a construction contract, and</p></content></level><level class="para1"><num>(b)</num><intro><p>before making a payment, knew or should have known that a connected party had deliberately failed, or would deliberately fail, to comply with a requirement to—</p></intro><level class="para2"><num>(i)</num><content><p>deduct a sum under section 61,</p></content></level><level class="para2"><num>(ii)</num><content><p>pay a sum to the Commissioners under section 62, or</p></content></level><level class="para2"><num>(iii)</num><content><p>deduct or pay an amount to His Majesty’s Revenue and Customs under PAYE regulations.</p></content></level></level></subsection><subsection eId="d28e35466"><num>(2)</num><content><p>If this section applies, an officer of Revenue and Customs may determine that the person is liable to pay to the Commissioners an amount equal to 20% of the payment referred to in subsection <ref href="#d28e35430">(1)</ref>.</p></content></subsection><subsection><num>(3)</num><intro><p>In this section, a “connected party” is</p></intro><level class="para1"><num>(a)</num><content><p>another party to the construction contract referred to in subsection <ref href="#d28e35430">(1)</ref><ref href="#d28e35436">(a)</ref>, or</p></content></level><level class="para1"><num>(b)</num><content><p>a party to another construction contract relating to the same construction operations as the construction contract referred to in subsection <ref href="#d28e35430">(1)</ref><ref href="#d28e35436">(a)</ref>.</p></content></level></subsection></section><section eId="d28e35506"><num>62B</num><heading>Returns made in the knowledge of deliberate failures to comply</heading><subsection><num>(1)</num><intro><p>This section applies to a person who—</p></intro><level class="para1"><num>(a)</num><content><p>makes a return which treats a sum as deducted and paid on account of the person’s liabilities under section 62(2) or (3), and</p></content></level><level class="para1"><num>(b)</num><intro><p>before doing so, knew or should have known that the sum—</p></intro><level class="para2"><num>(i)</num><content><p>had not been deducted, or</p></content></level><level class="para2"><num>(ii)</num><content><p>had deliberately not been, or would deliberately not be, paid on account of the person’s liabilities.</p></content></level></level></subsection><subsection eId="d28e35540"><num>(2)</num><content><p>If this section applies, an officer of Revenue and Customs may determine that the person is liable to pay to the Commissioners an amount equal to the sum which the return treats as paid on account of the person’s liabilities.</p></content></subsection></section><section><num>62C</num><heading>Regulations</heading><content><p>The Commissioners may make regulations with respect to the determination, collection and recovery of amounts described in sections <ref href="#d28e35426">62A</ref><ref href="#d28e35466">(2)</ref> and <ref href="#d28e35506">62B</ref><ref href="#d28e35540">(2)</ref>.</p></content></section></hcontainer></quotedStructure><inline name="appendText">.</inline></mod></p></content></subsection><subsection eId="section-220-3"><num>(3)</num><intro><p>In <ref eId="c00358" href="https://www.legislation.gov.uk/ukpga/2004/12/section/66">section 66</ref>—</p></intro><level class="para1" eId="section-220-3-a"><num>(a)</num><content><p><mod>after <ref eId="c00359" href="https://www.legislation.gov.uk/ukpga/2004/12/section/66">subsection (3)</ref> insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><subsection eId="d28e35586"><num>(3A)</num><intro><p>The Commissioners may at any time make a determination cancelling a person’s registration for gross payment if—</p></intro><level class="para1"><num>(a)</num><content><p>section <ref href="#d28e35426">62A</ref> (payments made in the knowledge of deliberate failures to comply), or</p></content></level><level class="para1"><num>(b)</num><content><p>section <ref href="#d28e35506">62B</ref> (returns made in the knowledge of deliberate failures to comply),</p></content></level><wrapUp><p>applies to the person.</p></wrapUp></subsection></quotedStructure><inline name="appendText">;</inline></mod></p></content></level><level class="para1" eId="section-220-3-b"><num>(b)</num><intro><p>in <ref eId="c00360" href="https://www.legislation.gov.uk/ukpga/2004/12/section/66">subsection (4)</ref>—</p></intro><level class="para2" eId="section-220-3-b-i"><num>(i)</num><content><p><mod>for “the Board” substitute <quotedText>“the Commissioners”</quotedText>;</mod></p></content></level><level class="para2" eId="section-220-3-b-ii"><num>(ii)</num><content><p><mod>after “subsection (3)” insert <quotedText>“or subsection <ref href="#d28e35586">(3A)</ref>”</quotedText>;</mod></p></content></level></level><level class="para1" eId="section-220-3-c"><num>(c)</num><intro><p>in <ref eId="c00361" href="https://www.legislation.gov.uk/ukpga/2004/12/section/66">subsection (6)</ref>—</p></intro><level class="para2" eId="section-220-3-c-i"><num>(i)</num><content><p>the words from “the person must” to the end become paragraph (a);</p></content></level><level class="para2" eId="section-220-3-c-ii"><num>(ii)</num><content><p><mod>after that paragraph insert <quotedText startQuote="“">, and</quotedText><quotedStructure endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="default"><level class="para1"><num>(b)</num><content><p>the person may not, within the period of one year beginning with the day on which the cancellation takes effect (see subsection (2) and section 67(5)), apply for registration for gross payment.</p></content></level></quotedStructure><inline name="appendText">;</inline></mod></p></content></level></level><level class="para1" eId="section-220-3-d"><num>(d)</num><intro><p>in <ref eId="c00362" href="https://www.legislation.gov.uk/ukpga/2004/12/section/66">subsection (7)</ref>—</p></intro><level class="para2" eId="section-220-3-d-i"><num>(i)</num><content><p><mod>after “subsection (3)” insert <quotedText>“or subsection <ref href="#d28e35586">(3A)</ref>”</quotedText>;</mod></p></content></level><level class="para2" eId="section-220-3-d-ii"><num>(ii)</num><content><p><mod>for the words from “the person may” to the end substitute—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><level class="para1"><num>(a)</num><content><p>the person may, if the Commissioners think fit, be registered for payment under deduction, and</p></content></level><level class="para1"><num>(b)</num><content><p>the person may not, within the period of five years beginning with the day on which the cancellation takes effect (see subsection (4)), apply for registration for gross payment.</p></content></level></quotedStructure><inline name="appendText">;</inline></mod></p></content></level></level><level class="para1" eId="section-220-3-e"><num>(e)</num><content><p>omit <ref eId="c00363" href="https://www.legislation.gov.uk/ukpga/2004/12/section/66">subsection (8)</ref>.</p></content></level></subsection><subsection eId="section-220-4"><num>(4)</num><content><p><mod>In <ref eId="c00364" href="https://www.legislation.gov.uk/ukpga/2004/12/section/72">section 72</ref>, in the heading, at the end insert <quotedText>“: false statements and documentation”</quotedText>.</mod></p></content></subsection><subsection eId="section-220-5"><num>(5)</num><content><p><mod>After <ref eId="c00365" href="https://www.legislation.gov.uk/ukpga/2004/12/section/72">section 72</ref> insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><section eId="d28e35752"><num>72A</num><heading>Penalties: deliberate failures to comply</heading><subsection eId="d28e35756"><num>(1)</num><content><p>A person is liable to a penalty not exceeding 30% of any amount that they are determined to be liable to pay under section <ref href="#d28e35426">62A</ref> (payments made in the knowledge of deliberate failures to comply) or <ref href="#d28e35506">62B</ref> (returns made in the knowledge of deliberate failures to comply).</p></content></subsection><subsection eId="d28e35768"><num>(2)</num><content><p>A penalty under this section may not be determined more than three years after the date on which the determination under section <ref href="#d28e35426">62A</ref> or <ref href="#d28e35506">62B</ref> becomes final.</p></content></subsection><subsection><num>(3)</num><content><p>For the purposes of subsection <ref href="#d28e35768">(2)</ref> and section <ref href="#d28e35806">72B</ref><ref href="#d28e35851">(3)</ref>, a determination becomes final at the time when the period for any appeal or further appeal relating to the determination expires or, if later, when any appeal or final appeal relating to the penalty is finally determined.</p></content></subsection><subsection><num>(4)</num><content><p>Section 103(4) TMA 1970 (time limits) does not apply to a penalty under this section.</p></content></subsection></section><section eId="d28e35806"><num>72B</num><heading>Penalties under section <ref href="#d28e35752">72A</ref>: officers’ liability</heading><subsection><num>(1)</num><intro><p>Where—</p></intro><level class="para1"><num>(a)</num><content><p>a company is liable to a penalty under section <ref href="#d28e35752">72A</ref>, and</p></content></level><level class="para1"><num>(b)</num><content><p>the actions of the company which give rise to that liability were attributable to an officer of the company,</p></content></level><wrapUp><p>the officer is liable to pay such portion of the penalty (which may be equal to or less than 100%) as the Commissioners may specify in a notice given to the officer (a “decision notice”).</p></wrapUp></subsection><subsection><num>(2)</num><intro><p>Before giving the officer a decision notice, the Commissioners must—</p></intro><level class="para1"><num>(a)</num><content><p>inform the officer that they are considering doing so, and</p></content></level><level class="para1"><num>(b)</num><content><p>afford the officer the opportunity to make representations about whether a decision notice should be given or the portion that should be specified.</p></content></level></subsection><subsection eId="d28e35851"><num>(3)</num><intro><p>A decision notice—</p></intro><level class="para1"><num>(a)</num><content><p>may not be given before the amount of the penalty due from the company has been determined (but it may be given immediately after that has happened), and</p></content></level><level class="para1"><num>(b)</num><content><p>may not be given more than three years after the date on which the determination mentioned in section <ref href="#d28e35752">72A</ref><ref href="#d28e35756">(1)</ref> becomes final.</p></content></level></subsection><subsection><num>(4)</num><intro><p>Where the Commissioners have specified a portion of the penalty in a decision notice given to the officer—</p></intro><level class="para1"><num>(a)</num><content><p>the officer must pay the specified portion before the end of the period of 30 days beginning with the day on which the notice is given,</p></content></level><level class="para1"><num>(b)</num><content><p>the specified portion shall be recoverable as if it were tax due from the officer, and</p></content></level><level class="para1"><num>(c)</num><content><p>a further decision notice may be given in respect of a portion of any additional penalty for which the company is determined to be liable.</p></content></level></subsection><subsection><num>(5)</num><content><p>The Commissioners may not recover more than 100% of the penalty through issuing decision notices in relation to two or more persons.</p></content></subsection><subsection><num>(6)</num><content><p>A person is not liable to pay an amount by virtue of this section if the actions of the company concerned are attributable to the person by reference to conduct for which the person has been convicted of an offence.</p><p>In this subsection “<term refersTo="#term-conduct">conduct</term>” includes omissions.</p></content></subsection><subsection><num>(7)</num><intro><p>In this section and section <ref href="#d28e35989">72C</ref>—</p></intro><hcontainer name="definition"><content><p>“<term refersTo="#term-company">company</term>” means a body corporate or unincorporated association;</p></content></hcontainer><hcontainer name="definition"><intro><p>“<term refersTo="#term-officer">officer</term>” means—</p></intro><level class="para1"><num>(a)</num><content><p>in relation to a body corporate other than one whose affairs are managed by its members—</p><blockList class="ordered roman parens" ukl:Name="OrderedList" ukl:Type="roman" ukl:Decoration="parens"><item><num>(i)</num><p>a director, manager, secretary or other similar officer of the body, or a person purporting to act in such a capacity, or</p></item><item><num>(ii)</num><p>a shadow director within the meaning of <ref eId="c00366" href="https://www.legislation.gov.uk/ukpga/2006/46/section/251">section 251</ref> of the <ref eId="c00367" href="https://www.legislation.gov.uk/ukpga/2006/46/contents">Companies Act 2006</ref>;</p></item></blockList></content></level><level class="para1"><num>(b)</num><content><p>in relation to a limited liability partnership or other body corporate whose affairs are managed by its members—</p><blockList class="ordered roman parens" ukl:Name="OrderedList" ukl:Type="roman" ukl:Decoration="parens"><item><num>(i)</num><p>a member who exercises management functions with respect to it, or purports to do so, or</p></item><item><num>(ii)</num><p>in the case of a limited liability partnership, a shadow member;</p></item></blockList></content></level><level class="para1"><num>(c)</num><content><p>in relation to an unincorporated association, a person who exercises functions of management with respect to it, or purports to do so;</p></content></level></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-shadow-member">shadow member</term>” means a person in accordance with whose directions or instructions the members of a limited liability partnership are accustomed to act, save that a person is not a shadow member by reason only of the fact that the members act on advice given by that person in a professional capacity.</p></content></hcontainer></subsection></section><section eId="d28e35989"><num>72C</num><heading>Appeals in relation to a decision notice under section <ref href="#d28e35806">72B</ref></heading><subsection><num>(1)</num><intro><p>An officer may appeal—</p></intro><level class="para1"><num>(a)</num><content><p>the decision to give a decision notice under section <ref href="#d28e35806">72B</ref>, including on the grounds that the company is not liable to the penalty under section <ref href="#d28e35752">72A</ref> to which the decision notice relates;</p></content></level><level class="para1"><num>(b)</num><content><p>the amount of the specified portion.</p></content></level></subsection><subsection><num>(2)</num><intro><p>Notice of an appeal must—</p></intro><level class="para1"><num>(a)</num><content><p>state the ground of appeal, and</p></content></level><level class="para1"><num>(b)</num><content><p>be given in writing to HMRC before the end of the period of 30 days beginning with the day on which the decision notice was given to the officer.</p></content></level></subsection><subsection><num>(3)</num><content><p>The provisions of Part 5 of TMA 1970 relating to appeals have effect in relation to appeals under this section as they have effect in relation to an appeal against an assessment to income tax.</p></content></subsection></section></quotedStructure></mod></p></content></subsection><subsection eId="section-220-6"><num>(6)</num><content><p><mod>In section 75, at the end insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><subsection><num>(4)</num><content><p>In this Chapter “<term refersTo="#term-the-commissioners">the Commissioners</term>” means the Commissioners for His Majesty’s Revenue and Customs.</p></content></subsection></quotedStructure><inline name="appendText">.</inline></mod></p></content></subsection></section><section eId="section-221"><num>221</num><heading>Construction industry scheme regulations: amendments</heading><subsection eId="section-221-1"><num>(1)</num><content><p>The <ref eId="c00368" href="https://www.legislation.gov.uk/uksi/2005/2045/contents">Income Tax (Construction Industry Scheme) Regulations 2005</ref> (<ref eId="c00369" href="http://www.legislation.gov.uk/id/uksi/2005/2045">S.I. 2005/2045</ref>) are amended as follows.</p></content></subsection><subsection eId="section-221-2"><num>(2)</num><content><p><mod>After <ref eId="c00370" href="https://www.legislation.gov.uk/uksi/2005/2045/regulation/13">regulation 13</ref> insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="uksi" ukl:TargetClass="secondary" ukl:TargetSubClass="regulation" ukl:Context="main" ukl:Format="double"><hcontainer name="regulation"><heading>Determination of amounts payable as a result of things done in the knowledge of deliberate failures to comply and appeal against determination</heading><num>13A.</num><paragraph><num>(1)</num><content><p>This regulation applies if a determination is made under section <ref href="#d28e35426">62A</ref><ref href="#d28e35466">(2)</ref> (payments made in the knowledge of deliberate failures to comply) or <ref href="#d28e35506">62B</ref><ref href="#d28e35540">(2)</ref> (returns made in the knowledge of deliberate failures to comply) of the Act.</p></content></paragraph><paragraph><num>(2)</num><content><p>An officer of Revenue and Customs must serve notice of the determination on the person to whom it relates.</p></content></paragraph><paragraph><num>(3)</num><content><p>The determination may cover one or more amounts the person is liable to pay under section <ref href="#d28e35426">62A</ref><ref href="#d28e35466">(2)</ref> or <ref href="#d28e35506">62B</ref><ref href="#d28e35540">(2)</ref> of the Act.</p></content></paragraph><paragraph><num>(4)</num><intro><p>The determination is subject to Parts 4, 5, 5A and 6 of TMA (assessment, appeals, collection and recovery) as if—</p></intro><level class="para1"><num>(a)</num><content><p>the determination were an assessment, and</p></content></level><level class="para1"><num>(b)</num><content><p>the amount determined were income tax charged on the person,</p></content></level><wrapUp><p>and those Parts of that Act apply accordingly with any necessary modifications, except that the amount determined is due and payable 14 days after the determination is made.</p></wrapUp></paragraph></hcontainer></quotedStructure></mod></p></content></subsection><subsection eId="section-221-3"><num>(3)</num><intro><p>In <ref eId="c00371" href="https://www.legislation.gov.uk/uksi/2005/2045/regulation/16">regulation 16</ref>—</p></intro><level class="para1" eId="section-221-3-a"><num>(a)</num><intro><p>in <ref eId="c00372" href="https://www.legislation.gov.uk/uksi/2005/2045/regulation/16">paragraph (1)</ref>—</p></intro><level class="para2" eId="section-221-3-a-i"><num>(i)</num><content><p>the words from “a contractor” to the end become <ref href="#section-221-3-a">paragraph (a)</ref>;</p></content></level><level class="para2" eId="section-221-3-a-ii"><num>(ii)</num><content><p><mod>after <ref eId="c00373" href="https://www.legislation.gov.uk/uksi/2005/2045/regulation/16">that paragraph</ref> insert <quotedText startQuote="“">, or</quotedText><quotedStructure endQuote="”" uk:context="body" uk:docName="uksi" ukl:TargetClass="secondary" ukl:TargetSubClass="regulation" ukl:Context="main" ukl:Format="default"><level class="para1"><num>(b)</num><content><p>a person is liable to pay under regulation 13A(2).</p></content></level></quotedStructure><inline name="appendText">;</inline></mod></p></content></level></level><level class="para1" eId="section-221-3-b"><num>(b)</num><content><p><mod>in <ref eId="c00374" href="https://www.legislation.gov.uk/uksi/2005/2045/regulation/16">paragraph (3)</ref>, in Table 1, in the first row, for “and 13(2)” substitute <quotedText>“, 13(2) and 13A(2)”</quotedText>.</mod></p></content></level></subsection></section><section eId="section-222"><num>222</num><heading>Commencement</heading><subsection eId="section-222-1"><num>(1)</num><content><p>Subject to subsection <ref href="#section-222-2">(2)</ref>, the amendments made by sections <ref href="#section-220">220</ref> and <ref href="#section-221">221</ref> have effect from 6 April 2026.</p></content></subsection><subsection eId="section-222-2"><num>(2)</num><content><p>The amendments made by section <ref href="#section-220">220</ref><ref href="#section-220-3">(3)</ref><ref href="#section-220-3-d">(d)</ref><ref href="#section-220-3-d-ii">(ii)</ref> and <ref href="#section-220">220</ref><ref href="#section-220-3">(3)</ref><ref href="#section-220-3-e">(e)</ref>have effect in relation to a determination under section 66(3) of FA 2004 if the determination is made by reference to behaviour occurring on or after 6 April 2026.</p></content></subsection></section></hcontainer>
<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="section-220"><num>220</num><heading>Construction industry scheme: amendments</heading><subsection eId="section-220-1"><num>(1)</num><content><p><ref eId="c00354" href="https://www.legislation.gov.uk/ukpga/2004/12/part/3/chapter/3">Chapter 3</ref> of <ref eId="c00355" href="https://www.legislation.gov.uk/ukpga/2004/12/part/3">Part 3</ref> of <ref eId="c00356" href="https://www.legislation.gov.uk/ukpga/2004/12/contents">FA 2004</ref> (construction industry scheme) is amended as follows.</p></content></subsection><subsection eId="section-220-2"><num>(2)</num><content><p><mod>After <ref eId="c00357" href="https://www.legislation.gov.uk/ukpga/2004/12/section/62">section 62</ref> insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><hcontainer name="crossheading" ukl:Name="Pblock"><heading>Liability for things done in the knowledge of deliberate failures to comply</heading><section eId="d28e35426"><num>62A</num><heading>Payments made in the knowledge of deliberate failures to comply</heading><subsection eId="d28e35430"><num>(1)</num><intro><p>This section applies to a person who—</p></intro><level class="para1" eId="d28e35436"><num>(a)</num><content><p>has made a payment under a construction contract, and</p></content></level><level class="para1"><num>(b)</num><intro><p>before making a payment, knew or should have known that a connected party had deliberately failed, or would deliberately fail, to comply with a requirement to—</p></intro><level class="para2"><num>(i)</num><content><p>deduct a sum under section 61,</p></content></level><level class="para2"><num>(ii)</num><content><p>pay a sum to the Commissioners under section 62, or</p></content></level><level class="para2"><num>(iii)</num><content><p>deduct or pay an amount to His Majesty’s Revenue and Customs under PAYE regulations.</p></content></level></level></subsection><subsection eId="d28e35466"><num>(2)</num><content><p>If this section applies, an officer of Revenue and Customs may determine that the person is liable to pay to the Commissioners an amount equal to 20% of the payment referred to in subsection <ref href="#d28e35430">(1)</ref>.</p></content></subsection><subsection><num>(3)</num><intro><p>In this section, a “connected party” is</p></intro><level class="para1"><num>(a)</num><content><p>another party to the construction contract referred to in subsection <ref href="#d28e35430">(1)</ref><ref href="#d28e35436">(a)</ref>, or</p></content></level><level class="para1"><num>(b)</num><content><p>a party to another construction contract relating to the same construction operations as the construction contract referred to in subsection <ref href="#d28e35430">(1)</ref><ref href="#d28e35436">(a)</ref>.</p></content></level></subsection></section><section eId="d28e35506"><num>62B</num><heading>Returns made in the knowledge of deliberate failures to comply</heading><subsection><num>(1)</num><intro><p>This section applies to a person who—</p></intro><level class="para1"><num>(a)</num><content><p>makes a return which treats a sum as deducted and paid on account of the person’s liabilities under section 62(2) or (3), and</p></content></level><level class="para1"><num>(b)</num><intro><p>before doing so, knew or should have known that the sum—</p></intro><level class="para2"><num>(i)</num><content><p>had not been deducted, or</p></content></level><level class="para2"><num>(ii)</num><content><p>had deliberately not been, or would deliberately not be, paid on account of the person’s liabilities.</p></content></level></level></subsection><subsection eId="d28e35540"><num>(2)</num><content><p>If this section applies, an officer of Revenue and Customs may determine that the person is liable to pay to the Commissioners an amount equal to the sum which the return treats as paid on account of the person’s liabilities.</p></content></subsection></section><section><num>62C</num><heading>Regulations</heading><content><p>The Commissioners may make regulations with respect to the determination, collection and recovery of amounts described in sections <ref href="#d28e35426">62A</ref><ref href="#d28e35466">(2)</ref> and <ref href="#d28e35506">62B</ref><ref href="#d28e35540">(2)</ref>.</p></content></section></hcontainer></quotedStructure><inline name="appendText">.</inline></mod></p></content></subsection><subsection eId="section-220-3"><num>(3)</num><intro><p>In <ref eId="c00358" href="https://www.legislation.gov.uk/ukpga/2004/12/section/66">section 66</ref>—</p></intro><level class="para1" eId="section-220-3-a"><num>(a)</num><content><p><mod>after <ref eId="c00359" href="https://www.legislation.gov.uk/ukpga/2004/12/section/66">subsection (3)</ref> insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><subsection eId="d28e35586"><num>(3A)</num><intro><p>The Commissioners may at any time make a determination cancelling a person’s registration for gross payment if—</p></intro><level class="para1"><num>(a)</num><content><p>section <ref href="#d28e35426">62A</ref> (payments made in the knowledge of deliberate failures to comply), or</p></content></level><level class="para1"><num>(b)</num><content><p>section <ref href="#d28e35506">62B</ref> (returns made in the knowledge of deliberate failures to comply),</p></content></level><wrapUp><p>applies to the person.</p></wrapUp></subsection></quotedStructure><inline name="appendText">;</inline></mod></p></content></level><level class="para1" eId="section-220-3-b"><num>(b)</num><intro><p>in <ref eId="c00360" href="https://www.legislation.gov.uk/ukpga/2004/12/section/66">subsection (4)</ref>—</p></intro><level class="para2" eId="section-220-3-b-i"><num>(i)</num><content><p><mod>for “the Board” substitute <quotedText>“the Commissioners”</quotedText>;</mod></p></content></level><level class="para2" eId="section-220-3-b-ii"><num>(ii)</num><content><p><mod>after “subsection (3)” insert <quotedText>“or subsection <ref href="#d28e35586">(3A)</ref>”</quotedText>;</mod></p></content></level></level><level class="para1" eId="section-220-3-c"><num>(c)</num><intro><p>in <ref eId="c00361" href="https://www.legislation.gov.uk/ukpga/2004/12/section/66">subsection (6)</ref>—</p></intro><level class="para2" eId="section-220-3-c-i"><num>(i)</num><content><p>the words from “the person must” to the end become paragraph (a);</p></content></level><level class="para2" eId="section-220-3-c-ii"><num>(ii)</num><content><p><mod>after that paragraph insert <quotedText startQuote="“">, and</quotedText><quotedStructure endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="default"><level class="para1"><num>(b)</num><content><p>the person may not, within the period of one year beginning with the day on which the cancellation takes effect (see subsection (2) and section 67(5)), apply for registration for gross payment.</p></content></level></quotedStructure><inline name="appendText">;</inline></mod></p></content></level></level><level class="para1" eId="section-220-3-d"><num>(d)</num><intro><p>in <ref eId="c00362" href="https://www.legislation.gov.uk/ukpga/2004/12/section/66">subsection (7)</ref>—</p></intro><level class="para2" eId="section-220-3-d-i"><num>(i)</num><content><p><mod>after “subsection (3)” insert <quotedText>“or subsection <ref href="#d28e35586">(3A)</ref>”</quotedText>;</mod></p></content></level><level class="para2" eId="section-220-3-d-ii"><num>(ii)</num><content><p><mod>for the words from “the person may” to the end substitute—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><level class="para1"><num>(a)</num><content><p>the person may, if the Commissioners think fit, be registered for payment under deduction, and</p></content></level><level class="para1"><num>(b)</num><content><p>the person may not, within the period of five years beginning with the day on which the cancellation takes effect (see subsection (4)), apply for registration for gross payment.</p></content></level></quotedStructure><inline name="appendText">;</inline></mod></p></content></level></level><level class="para1" eId="section-220-3-e"><num>(e)</num><content><p>omit <ref eId="c00363" href="https://www.legislation.gov.uk/ukpga/2004/12/section/66">subsection (8)</ref>.</p></content></level></subsection><subsection eId="section-220-4"><num>(4)</num><content><p><mod>In <ref eId="c00364" href="https://www.legislation.gov.uk/ukpga/2004/12/section/72">section 72</ref>, in the heading, at the end insert <quotedText>“: false statements and documentation”</quotedText>.</mod></p></content></subsection><subsection eId="section-220-5"><num>(5)</num><content><p><mod>After <ref eId="c00365" href="https://www.legislation.gov.uk/ukpga/2004/12/section/72">section 72</ref> insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><section eId="d28e35752"><num>72A</num><heading>Penalties: deliberate failures to comply</heading><subsection eId="d28e35756"><num>(1)</num><content><p>A person is liable to a penalty not exceeding 30% of any amount that they are determined to be liable to pay under section <ref href="#d28e35426">62A</ref> (payments made in the knowledge of deliberate failures to comply) or <ref href="#d28e35506">62B</ref> (returns made in the knowledge of deliberate failures to comply).</p></content></subsection><subsection eId="d28e35768"><num>(2)</num><content><p>A penalty under this section may not be determined more than three years after the date on which the determination under section <ref href="#d28e35426">62A</ref> or <ref href="#d28e35506">62B</ref> becomes final.</p></content></subsection><subsection><num>(3)</num><content><p>For the purposes of subsection <ref href="#d28e35768">(2)</ref> and section <ref href="#d28e35806">72B</ref><ref href="#d28e35851">(3)</ref>, a determination becomes final at the time when the period for any appeal or further appeal relating to the determination expires or, if later, when any appeal or final appeal relating to the penalty is finally determined.</p></content></subsection><subsection><num>(4)</num><content><p>Section 103(4) TMA 1970 (time limits) does not apply to a penalty under this section.</p></content></subsection></section><section eId="d28e35806"><num>72B</num><heading>Penalties under section <ref href="#d28e35752">72A</ref>: officers’ liability</heading><subsection><num>(1)</num><intro><p>Where—</p></intro><level class="para1"><num>(a)</num><content><p>a company is liable to a penalty under section <ref href="#d28e35752">72A</ref>, and</p></content></level><level class="para1"><num>(b)</num><content><p>the actions of the company which give rise to that liability were attributable to an officer of the company,</p></content></level><wrapUp><p>the officer is liable to pay such portion of the penalty (which may be equal to or less than 100%) as the Commissioners may specify in a notice given to the officer (a “decision notice”).</p></wrapUp></subsection><subsection><num>(2)</num><intro><p>Before giving the officer a decision notice, the Commissioners must—</p></intro><level class="para1"><num>(a)</num><content><p>inform the officer that they are considering doing so, and</p></content></level><level class="para1"><num>(b)</num><content><p>afford the officer the opportunity to make representations about whether a decision notice should be given or the portion that should be specified.</p></content></level></subsection><subsection eId="d28e35851"><num>(3)</num><intro><p>A decision notice—</p></intro><level class="para1"><num>(a)</num><content><p>may not be given before the amount of the penalty due from the company has been determined (but it may be given immediately after that has happened), and</p></content></level><level class="para1"><num>(b)</num><content><p>may not be given more than three years after the date on which the determination mentioned in section <ref href="#d28e35752">72A</ref><ref href="#d28e35756">(1)</ref> becomes final.</p></content></level></subsection><subsection><num>(4)</num><intro><p>Where the Commissioners have specified a portion of the penalty in a decision notice given to the officer—</p></intro><level class="para1"><num>(a)</num><content><p>the officer must pay the specified portion before the end of the period of 30 days beginning with the day on which the notice is given,</p></content></level><level class="para1"><num>(b)</num><content><p>the specified portion shall be recoverable as if it were tax due from the officer, and</p></content></level><level class="para1"><num>(c)</num><content><p>a further decision notice may be given in respect of a portion of any additional penalty for which the company is determined to be liable.</p></content></level></subsection><subsection><num>(5)</num><content><p>The Commissioners may not recover more than 100% of the penalty through issuing decision notices in relation to two or more persons.</p></content></subsection><subsection><num>(6)</num><content><p>A person is not liable to pay an amount by virtue of this section if the actions of the company concerned are attributable to the person by reference to conduct for which the person has been convicted of an offence.</p><p>In this subsection “<term refersTo="#term-conduct">conduct</term>” includes omissions.</p></content></subsection><subsection><num>(7)</num><intro><p>In this section and section <ref href="#d28e35989">72C</ref>—</p></intro><hcontainer name="definition"><content><p>“<term refersTo="#term-company">company</term>” means a body corporate or unincorporated association;</p></content></hcontainer><hcontainer name="definition"><intro><p>“<term refersTo="#term-officer">officer</term>” means—</p></intro><level class="para1"><num>(a)</num><content><p>in relation to a body corporate other than one whose affairs are managed by its members—</p><blockList class="ordered roman parens" ukl:Name="OrderedList" ukl:Type="roman" ukl:Decoration="parens"><item><num>(i)</num><p>a director, manager, secretary or other similar officer of the body, or a person purporting to act in such a capacity, or</p></item><item><num>(ii)</num><p>a shadow director within the meaning of <ref eId="c00366" href="https://www.legislation.gov.uk/ukpga/2006/46/section/251">section 251</ref> of the <ref eId="c00367" href="https://www.legislation.gov.uk/ukpga/2006/46/contents">Companies Act 2006</ref>;</p></item></blockList></content></level><level class="para1"><num>(b)</num><content><p>in relation to a limited liability partnership or other body corporate whose affairs are managed by its members—</p><blockList class="ordered roman parens" ukl:Name="OrderedList" ukl:Type="roman" ukl:Decoration="parens"><item><num>(i)</num><p>a member who exercises management functions with respect to it, or purports to do so, or</p></item><item><num>(ii)</num><p>in the case of a limited liability partnership, a shadow member;</p></item></blockList></content></level><level class="para1"><num>(c)</num><content><p>in relation to an unincorporated association, a person who exercises functions of management with respect to it, or purports to do so;</p></content></level></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-shadow-member">shadow member</term>” means a person in accordance with whose directions or instructions the members of a limited liability partnership are accustomed to act, save that a person is not a shadow member by reason only of the fact that the members act on advice given by that person in a professional capacity.</p></content></hcontainer></subsection></section><section eId="d28e35989"><num>72C</num><heading>Appeals in relation to a decision notice under section <ref href="#d28e35806">72B</ref></heading><subsection><num>(1)</num><intro><p>An officer may appeal—</p></intro><level class="para1"><num>(a)</num><content><p>the decision to give a decision notice under section <ref href="#d28e35806">72B</ref>, including on the grounds that the company is not liable to the penalty under section <ref href="#d28e35752">72A</ref> to which the decision notice relates;</p></content></level><level class="para1"><num>(b)</num><content><p>the amount of the specified portion.</p></content></level></subsection><subsection><num>(2)</num><intro><p>Notice of an appeal must—</p></intro><level class="para1"><num>(a)</num><content><p>state the ground of appeal, and</p></content></level><level class="para1"><num>(b)</num><content><p>be given in writing to HMRC before the end of the period of 30 days beginning with the day on which the decision notice was given to the officer.</p></content></level></subsection><subsection><num>(3)</num><content><p>The provisions of Part 5 of TMA 1970 relating to appeals have effect in relation to appeals under this section as they have effect in relation to an appeal against an assessment to income tax.</p></content></subsection></section></quotedStructure></mod></p></content></subsection><subsection eId="section-220-6"><num>(6)</num><content><p><mod>In section 75, at the end insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><subsection><num>(4)</num><content><p>In this Chapter “<term refersTo="#term-the-commissioners">the Commissioners</term>” means the Commissioners for His Majesty’s Revenue and Customs.</p></content></subsection></quotedStructure><inline name="appendText">.</inline></mod></p></content></subsection></section>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-220-1"><num>(1)</num><content><p><ref eId="c00354" href="https://www.legislation.gov.uk/ukpga/2004/12/part/3/chapter/3">Chapter 3</ref> of <ref eId="c00355" href="https://www.legislation.gov.uk/ukpga/2004/12/part/3">Part 3</ref> of <ref eId="c00356" href="https://www.legislation.gov.uk/ukpga/2004/12/contents">FA 2004</ref> (construction industry scheme) is amended as follows.</p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="section-220-2"><num>(2)</num><content><p><mod>After <ref eId="c00357" href="https://www.legislation.gov.uk/ukpga/2004/12/section/62">section 62</ref> insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><hcontainer name="crossheading" ukl:Name="Pblock"><heading>Liability for things done in the knowledge of deliberate failures to comply</heading><section eId="d28e35426"><num>62A</num><heading>Payments made in the knowledge of deliberate failures to comply</heading><subsection eId="d28e35430"><num>(1)</num><intro><p>This section applies to a person who—</p></intro><level class="para1" eId="d28e35436"><num>(a)</num><content><p>has made a payment under a construction contract, and</p></content></level><level class="para1"><num>(b)</num><intro><p>before making a payment, knew or should have known that a connected party had deliberately failed, or would deliberately fail, to comply with a requirement to—</p></intro><level class="para2"><num>(i)</num><content><p>deduct a sum under section 61,</p></content></level><level class="para2"><num>(ii)</num><content><p>pay a sum to the Commissioners under section 62, or</p></content></level><level class="para2"><num>(iii)</num><content><p>deduct or pay an amount to His Majesty’s Revenue and Customs under PAYE regulations.</p></content></level></level></subsection><subsection eId="d28e35466"><num>(2)</num><content><p>If this section applies, an officer of Revenue and Customs may determine that the person is liable to pay to the Commissioners an amount equal to 20% of the payment referred to in subsection <ref href="#d28e35430">(1)</ref>.</p></content></subsection><subsection><num>(3)</num><intro><p>In this section, a “connected party” is</p></intro><level class="para1"><num>(a)</num><content><p>another party to the construction contract referred to in subsection <ref href="#d28e35430">(1)</ref><ref href="#d28e35436">(a)</ref>, or</p></content></level><level class="para1"><num>(b)</num><content><p>a party to another construction contract relating to the same construction operations as the construction contract referred to in subsection <ref href="#d28e35430">(1)</ref><ref href="#d28e35436">(a)</ref>.</p></content></level></subsection></section><section eId="d28e35506"><num>62B</num><heading>Returns made in the knowledge of deliberate failures to comply</heading><subsection><num>(1)</num><intro><p>This section applies to a person who—</p></intro><level class="para1"><num>(a)</num><content><p>makes a return which treats a sum as deducted and paid on account of the person’s liabilities under section 62(2) or (3), and</p></content></level><level class="para1"><num>(b)</num><intro><p>before doing so, knew or should have known that the sum—</p></intro><level class="para2"><num>(i)</num><content><p>had not been deducted, or</p></content></level><level class="para2"><num>(ii)</num><content><p>had deliberately not been, or would deliberately not be, paid on account of the person’s liabilities.</p></content></level></level></subsection><subsection eId="d28e35540"><num>(2)</num><content><p>If this section applies, an officer of Revenue and Customs may determine that the person is liable to pay to the Commissioners an amount equal to the sum which the return treats as paid on account of the person’s liabilities.</p></content></subsection></section><section><num>62C</num><heading>Regulations</heading><content><p>The Commissioners may make regulations with respect to the determination, collection and recovery of amounts described in sections <ref href="#d28e35426">62A</ref><ref href="#d28e35466">(2)</ref> and <ref href="#d28e35506">62B</ref><ref href="#d28e35540">(2)</ref>.</p></content></section></hcontainer></quotedStructure><inline name="appendText">.</inline></mod></p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="section-220-3"><num>(3)</num><intro><p>In <ref eId="c00358" href="https://www.legislation.gov.uk/ukpga/2004/12/section/66">section 66</ref>—</p></intro><level class="para1" eId="section-220-3-a"><num>(a)</num><content><p><mod>after <ref eId="c00359" href="https://www.legislation.gov.uk/ukpga/2004/12/section/66">subsection (3)</ref> insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><subsection eId="d28e35586"><num>(3A)</num><intro><p>The Commissioners may at any time make a determination cancelling a person’s registration for gross payment if—</p></intro><level class="para1"><num>(a)</num><content><p>section <ref href="#d28e35426">62A</ref> (payments made in the knowledge of deliberate failures to comply), or</p></content></level><level class="para1"><num>(b)</num><content><p>section <ref href="#d28e35506">62B</ref> (returns made in the knowledge of deliberate failures to comply),</p></content></level><wrapUp><p>applies to the person.</p></wrapUp></subsection></quotedStructure><inline name="appendText">;</inline></mod></p></content></level><level class="para1" eId="section-220-3-b"><num>(b)</num><intro><p>in <ref eId="c00360" href="https://www.legislation.gov.uk/ukpga/2004/12/section/66">subsection (4)</ref>—</p></intro><level class="para2" eId="section-220-3-b-i"><num>(i)</num><content><p><mod>for “the Board” substitute <quotedText>“the Commissioners”</quotedText>;</mod></p></content></level><level class="para2" eId="section-220-3-b-ii"><num>(ii)</num><content><p><mod>after “subsection (3)” insert <quotedText>“or subsection <ref href="#d28e35586">(3A)</ref>”</quotedText>;</mod></p></content></level></level><level class="para1" eId="section-220-3-c"><num>(c)</num><intro><p>in <ref eId="c00361" href="https://www.legislation.gov.uk/ukpga/2004/12/section/66">subsection (6)</ref>—</p></intro><level class="para2" eId="section-220-3-c-i"><num>(i)</num><content><p>the words from “the person must” to the end become paragraph (a);</p></content></level><level class="para2" eId="section-220-3-c-ii"><num>(ii)</num><content><p><mod>after that paragraph insert <quotedText startQuote="“">, and</quotedText><quotedStructure endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="default"><level class="para1"><num>(b)</num><content><p>the person may not, within the period of one year beginning with the day on which the cancellation takes effect (see subsection (2) and section 67(5)), apply for registration for gross payment.</p></content></level></quotedStructure><inline name="appendText">;</inline></mod></p></content></level></level><level class="para1" eId="section-220-3-d"><num>(d)</num><intro><p>in <ref eId="c00362" href="https://www.legislation.gov.uk/ukpga/2004/12/section/66">subsection (7)</ref>—</p></intro><level class="para2" eId="section-220-3-d-i"><num>(i)</num><content><p><mod>after “subsection (3)” insert <quotedText>“or subsection <ref href="#d28e35586">(3A)</ref>”</quotedText>;</mod></p></content></level><level class="para2" eId="section-220-3-d-ii"><num>(ii)</num><content><p><mod>for the words from “the person may” to the end substitute—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><level class="para1"><num>(a)</num><content><p>the person may, if the Commissioners think fit, be registered for payment under deduction, and</p></content></level><level class="para1"><num>(b)</num><content><p>the person may not, within the period of five years beginning with the day on which the cancellation takes effect (see subsection (4)), apply for registration for gross payment.</p></content></level></quotedStructure><inline name="appendText">;</inline></mod></p></content></level></level><level class="para1" eId="section-220-3-e"><num>(e)</num><content><p>omit <ref eId="c00363" href="https://www.legislation.gov.uk/ukpga/2004/12/section/66">subsection (8)</ref>.</p></content></level></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" class="para1" eId="section-220-3-a"><num>(a)</num><content><p><mod>after <ref eId="c00359" href="https://www.legislation.gov.uk/ukpga/2004/12/section/66">subsection (3)</ref> insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><subsection eId="d28e35586"><num>(3A)</num><intro><p>The Commissioners may at any time make a determination cancelling a person’s registration for gross payment if—</p></intro><level class="para1"><num>(a)</num><content><p>section <ref href="#d28e35426">62A</ref> (payments made in the knowledge of deliberate failures to comply), or</p></content></level><level class="para1"><num>(b)</num><content><p>section <ref href="#d28e35506">62B</ref> (returns made in the knowledge of deliberate failures to comply),</p></content></level><wrapUp><p>applies to the person.</p></wrapUp></subsection></quotedStructure><inline name="appendText">;</inline></mod></p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-220-3-b"><num>(b)</num><intro><p>in <ref eId="c00360" href="https://www.legislation.gov.uk/ukpga/2004/12/section/66">subsection (4)</ref>—</p></intro><level class="para2" eId="section-220-3-b-i"><num>(i)</num><content><p><mod>for “the Board” substitute <quotedText>“the Commissioners”</quotedText>;</mod></p></content></level><level class="para2" eId="section-220-3-b-ii"><num>(ii)</num><content><p><mod>after “subsection (3)” insert <quotedText>“or subsection <ref href="#d28e35586">(3A)</ref>”</quotedText>;</mod></p></content></level></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para2" eId="section-220-3-b-i"><num>(i)</num><content><p><mod>for “the Board” substitute <quotedText>“the Commissioners”</quotedText>;</mod></p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para2" eId="section-220-3-b-ii"><num>(ii)</num><content><p><mod>after “subsection (3)” insert <quotedText>“or subsection <ref href="#d28e35586">(3A)</ref>”</quotedText>;</mod></p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" class="para1" eId="section-220-3-c"><num>(c)</num><intro><p>in <ref eId="c00361" href="https://www.legislation.gov.uk/ukpga/2004/12/section/66">subsection (6)</ref>—</p></intro><level class="para2" eId="section-220-3-c-i"><num>(i)</num><content><p>the words from “the person must” to the end become paragraph (a);</p></content></level><level class="para2" eId="section-220-3-c-ii"><num>(ii)</num><content><p><mod>after that paragraph insert <quotedText startQuote="“">, and</quotedText><quotedStructure endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="default"><level class="para1"><num>(b)</num><content><p>the person may not, within the period of one year beginning with the day on which the cancellation takes effect (see subsection (2) and section 67(5)), apply for registration for gross payment.</p></content></level></quotedStructure><inline name="appendText">;</inline></mod></p></content></level></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para2" eId="section-220-3-c-i"><num>(i)</num><content><p>the words from “the person must” to the end become paragraph (a);</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" class="para2" eId="section-220-3-c-ii"><num>(ii)</num><content><p><mod>after that paragraph insert <quotedText startQuote="“">, and</quotedText><quotedStructure endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="default"><level class="para1"><num>(b)</num><content><p>the person may not, within the period of one year beginning with the day on which the cancellation takes effect (see subsection (2) and section 67(5)), apply for registration for gross payment.</p></content></level></quotedStructure><inline name="appendText">;</inline></mod></p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" class="para1" eId="section-220-3-d"><num>(d)</num><intro><p>in <ref eId="c00362" href="https://www.legislation.gov.uk/ukpga/2004/12/section/66">subsection (7)</ref>—</p></intro><level class="para2" eId="section-220-3-d-i"><num>(i)</num><content><p><mod>after “subsection (3)” insert <quotedText>“or subsection <ref href="#d28e35586">(3A)</ref>”</quotedText>;</mod></p></content></level><level class="para2" eId="section-220-3-d-ii"><num>(ii)</num><content><p><mod>for the words from “the person may” to the end substitute—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><level class="para1"><num>(a)</num><content><p>the person may, if the Commissioners think fit, be registered for payment under deduction, and</p></content></level><level class="para1"><num>(b)</num><content><p>the person may not, within the period of five years beginning with the day on which the cancellation takes effect (see subsection (4)), apply for registration for gross payment.</p></content></level></quotedStructure><inline name="appendText">;</inline></mod></p></content></level></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para2" eId="section-220-3-d-i"><num>(i)</num><content><p><mod>after “subsection (3)” insert <quotedText>“or subsection <ref href="#d28e35586">(3A)</ref>”</quotedText>;</mod></p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" class="para2" eId="section-220-3-d-ii"><num>(ii)</num><content><p><mod>for the words from “the person may” to the end substitute—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><level class="para1"><num>(a)</num><content><p>the person may, if the Commissioners think fit, be registered for payment under deduction, and</p></content></level><level class="para1"><num>(b)</num><content><p>the person may not, within the period of five years beginning with the day on which the cancellation takes effect (see subsection (4)), apply for registration for gross payment.</p></content></level></quotedStructure><inline name="appendText">;</inline></mod></p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-220-3-e"><num>(e)</num><content><p>omit <ref eId="c00363" href="https://www.legislation.gov.uk/ukpga/2004/12/section/66">subsection (8)</ref>.</p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-220-4"><num>(4)</num><content><p><mod>In <ref eId="c00364" href="https://www.legislation.gov.uk/ukpga/2004/12/section/72">section 72</ref>, in the heading, at the end insert <quotedText>“: false statements and documentation”</quotedText>.</mod></p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="section-220-5"><num>(5)</num><content><p><mod>After <ref eId="c00365" href="https://www.legislation.gov.uk/ukpga/2004/12/section/72">section 72</ref> insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><section eId="d28e35752"><num>72A</num><heading>Penalties: deliberate failures to comply</heading><subsection eId="d28e35756"><num>(1)</num><content><p>A person is liable to a penalty not exceeding 30% of any amount that they are determined to be liable to pay under section <ref href="#d28e35426">62A</ref> (payments made in the knowledge of deliberate failures to comply) or <ref href="#d28e35506">62B</ref> (returns made in the knowledge of deliberate failures to comply).</p></content></subsection><subsection eId="d28e35768"><num>(2)</num><content><p>A penalty under this section may not be determined more than three years after the date on which the determination under section <ref href="#d28e35426">62A</ref> or <ref href="#d28e35506">62B</ref> becomes final.</p></content></subsection><subsection><num>(3)</num><content><p>For the purposes of subsection <ref href="#d28e35768">(2)</ref> and section <ref href="#d28e35806">72B</ref><ref href="#d28e35851">(3)</ref>, a determination becomes final at the time when the period for any appeal or further appeal relating to the determination expires or, if later, when any appeal or final appeal relating to the penalty is finally determined.</p></content></subsection><subsection><num>(4)</num><content><p>Section 103(4) TMA 1970 (time limits) does not apply to a penalty under this section.</p></content></subsection></section><section eId="d28e35806"><num>72B</num><heading>Penalties under section <ref href="#d28e35752">72A</ref>: officers’ liability</heading><subsection><num>(1)</num><intro><p>Where—</p></intro><level class="para1"><num>(a)</num><content><p>a company is liable to a penalty under section <ref href="#d28e35752">72A</ref>, and</p></content></level><level class="para1"><num>(b)</num><content><p>the actions of the company which give rise to that liability were attributable to an officer of the company,</p></content></level><wrapUp><p>the officer is liable to pay such portion of the penalty (which may be equal to or less than 100%) as the Commissioners may specify in a notice given to the officer (a “decision notice”).</p></wrapUp></subsection><subsection><num>(2)</num><intro><p>Before giving the officer a decision notice, the Commissioners must—</p></intro><level class="para1"><num>(a)</num><content><p>inform the officer that they are considering doing so, and</p></content></level><level class="para1"><num>(b)</num><content><p>afford the officer the opportunity to make representations about whether a decision notice should be given or the portion that should be specified.</p></content></level></subsection><subsection eId="d28e35851"><num>(3)</num><intro><p>A decision notice—</p></intro><level class="para1"><num>(a)</num><content><p>may not be given before the amount of the penalty due from the company has been determined (but it may be given immediately after that has happened), and</p></content></level><level class="para1"><num>(b)</num><content><p>may not be given more than three years after the date on which the determination mentioned in section <ref href="#d28e35752">72A</ref><ref href="#d28e35756">(1)</ref> becomes final.</p></content></level></subsection><subsection><num>(4)</num><intro><p>Where the Commissioners have specified a portion of the penalty in a decision notice given to the officer—</p></intro><level class="para1"><num>(a)</num><content><p>the officer must pay the specified portion before the end of the period of 30 days beginning with the day on which the notice is given,</p></content></level><level class="para1"><num>(b)</num><content><p>the specified portion shall be recoverable as if it were tax due from the officer, and</p></content></level><level class="para1"><num>(c)</num><content><p>a further decision notice may be given in respect of a portion of any additional penalty for which the company is determined to be liable.</p></content></level></subsection><subsection><num>(5)</num><content><p>The Commissioners may not recover more than 100% of the penalty through issuing decision notices in relation to two or more persons.</p></content></subsection><subsection><num>(6)</num><content><p>A person is not liable to pay an amount by virtue of this section if the actions of the company concerned are attributable to the person by reference to conduct for which the person has been convicted of an offence.</p><p>In this subsection “<term refersTo="#term-conduct">conduct</term>” includes omissions.</p></content></subsection><subsection><num>(7)</num><intro><p>In this section and section <ref href="#d28e35989">72C</ref>—</p></intro><hcontainer name="definition"><content><p>“<term refersTo="#term-company">company</term>” means a body corporate or unincorporated association;</p></content></hcontainer><hcontainer name="definition"><intro><p>“<term refersTo="#term-officer">officer</term>” means—</p></intro><level class="para1"><num>(a)</num><content><p>in relation to a body corporate other than one whose affairs are managed by its members—</p><blockList class="ordered roman parens" ukl:Name="OrderedList" ukl:Type="roman" ukl:Decoration="parens"><item><num>(i)</num><p>a director, manager, secretary or other similar officer of the body, or a person purporting to act in such a capacity, or</p></item><item><num>(ii)</num><p>a shadow director within the meaning of <ref eId="c00366" href="https://www.legislation.gov.uk/ukpga/2006/46/section/251">section 251</ref> of the <ref eId="c00367" href="https://www.legislation.gov.uk/ukpga/2006/46/contents">Companies Act 2006</ref>;</p></item></blockList></content></level><level class="para1"><num>(b)</num><content><p>in relation to a limited liability partnership or other body corporate whose affairs are managed by its members—</p><blockList class="ordered roman parens" ukl:Name="OrderedList" ukl:Type="roman" ukl:Decoration="parens"><item><num>(i)</num><p>a member who exercises management functions with respect to it, or purports to do so, or</p></item><item><num>(ii)</num><p>in the case of a limited liability partnership, a shadow member;</p></item></blockList></content></level><level class="para1"><num>(c)</num><content><p>in relation to an unincorporated association, a person who exercises functions of management with respect to it, or purports to do so;</p></content></level></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-shadow-member">shadow member</term>” means a person in accordance with whose directions or instructions the members of a limited liability partnership are accustomed to act, save that a person is not a shadow member by reason only of the fact that the members act on advice given by that person in a professional capacity.</p></content></hcontainer></subsection></section><section eId="d28e35989"><num>72C</num><heading>Appeals in relation to a decision notice under section <ref href="#d28e35806">72B</ref></heading><subsection><num>(1)</num><intro><p>An officer may appeal—</p></intro><level class="para1"><num>(a)</num><content><p>the decision to give a decision notice under section <ref href="#d28e35806">72B</ref>, including on the grounds that the company is not liable to the penalty under section <ref href="#d28e35752">72A</ref> to which the decision notice relates;</p></content></level><level class="para1"><num>(b)</num><content><p>the amount of the specified portion.</p></content></level></subsection><subsection><num>(2)</num><intro><p>Notice of an appeal must—</p></intro><level class="para1"><num>(a)</num><content><p>state the ground of appeal, and</p></content></level><level class="para1"><num>(b)</num><content><p>be given in writing to HMRC before the end of the period of 30 days beginning with the day on which the decision notice was given to the officer.</p></content></level></subsection><subsection><num>(3)</num><content><p>The provisions of Part 5 of TMA 1970 relating to appeals have effect in relation to appeals under this section as they have effect in relation to an appeal against an assessment to income tax.</p></content></subsection></section></quotedStructure></mod></p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="section-220-6"><num>(6)</num><content><p><mod>In section 75, at the end insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="ukpga" ukl:TargetClass="primary" ukl:TargetSubClass="unknown" ukl:Context="main" ukl:Format="double"><subsection><num>(4)</num><content><p>In this Chapter “<term refersTo="#term-the-commissioners">the Commissioners</term>” means the Commissioners for His Majesty’s Revenue and Customs.</p></content></subsection></quotedStructure><inline name="appendText">.</inline></mod></p></content></subsection>
<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="section-221"><num>221</num><heading>Construction industry scheme regulations: amendments</heading><subsection eId="section-221-1"><num>(1)</num><content><p>The <ref eId="c00368" href="https://www.legislation.gov.uk/uksi/2005/2045/contents">Income Tax (Construction Industry Scheme) Regulations 2005</ref> (<ref eId="c00369" href="http://www.legislation.gov.uk/id/uksi/2005/2045">S.I. 2005/2045</ref>) are amended as follows.</p></content></subsection><subsection eId="section-221-2"><num>(2)</num><content><p><mod>After <ref eId="c00370" href="https://www.legislation.gov.uk/uksi/2005/2045/regulation/13">regulation 13</ref> insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="uksi" ukl:TargetClass="secondary" ukl:TargetSubClass="regulation" ukl:Context="main" ukl:Format="double"><hcontainer name="regulation"><heading>Determination of amounts payable as a result of things done in the knowledge of deliberate failures to comply and appeal against determination</heading><num>13A.</num><paragraph><num>(1)</num><content><p>This regulation applies if a determination is made under section <ref href="#d28e35426">62A</ref><ref href="#d28e35466">(2)</ref> (payments made in the knowledge of deliberate failures to comply) or <ref href="#d28e35506">62B</ref><ref href="#d28e35540">(2)</ref> (returns made in the knowledge of deliberate failures to comply) of the Act.</p></content></paragraph><paragraph><num>(2)</num><content><p>An officer of Revenue and Customs must serve notice of the determination on the person to whom it relates.</p></content></paragraph><paragraph><num>(3)</num><content><p>The determination may cover one or more amounts the person is liable to pay under section <ref href="#d28e35426">62A</ref><ref href="#d28e35466">(2)</ref> or <ref href="#d28e35506">62B</ref><ref href="#d28e35540">(2)</ref> of the Act.</p></content></paragraph><paragraph><num>(4)</num><intro><p>The determination is subject to Parts 4, 5, 5A and 6 of TMA (assessment, appeals, collection and recovery) as if—</p></intro><level class="para1"><num>(a)</num><content><p>the determination were an assessment, and</p></content></level><level class="para1"><num>(b)</num><content><p>the amount determined were income tax charged on the person,</p></content></level><wrapUp><p>and those Parts of that Act apply accordingly with any necessary modifications, except that the amount determined is due and payable 14 days after the determination is made.</p></wrapUp></paragraph></hcontainer></quotedStructure></mod></p></content></subsection><subsection eId="section-221-3"><num>(3)</num><intro><p>In <ref eId="c00371" href="https://www.legislation.gov.uk/uksi/2005/2045/regulation/16">regulation 16</ref>—</p></intro><level class="para1" eId="section-221-3-a"><num>(a)</num><intro><p>in <ref eId="c00372" href="https://www.legislation.gov.uk/uksi/2005/2045/regulation/16">paragraph (1)</ref>—</p></intro><level class="para2" eId="section-221-3-a-i"><num>(i)</num><content><p>the words from “a contractor” to the end become <ref href="#section-221-3-a">paragraph (a)</ref>;</p></content></level><level class="para2" eId="section-221-3-a-ii"><num>(ii)</num><content><p><mod>after <ref eId="c00373" href="https://www.legislation.gov.uk/uksi/2005/2045/regulation/16">that paragraph</ref> insert <quotedText startQuote="“">, or</quotedText><quotedStructure endQuote="”" uk:context="body" uk:docName="uksi" ukl:TargetClass="secondary" ukl:TargetSubClass="regulation" ukl:Context="main" ukl:Format="default"><level class="para1"><num>(b)</num><content><p>a person is liable to pay under regulation 13A(2).</p></content></level></quotedStructure><inline name="appendText">;</inline></mod></p></content></level></level><level class="para1" eId="section-221-3-b"><num>(b)</num><content><p><mod>in <ref eId="c00374" href="https://www.legislation.gov.uk/uksi/2005/2045/regulation/16">paragraph (3)</ref>, in Table 1, in the first row, for “and 13(2)” substitute <quotedText>“, 13(2) and 13A(2)”</quotedText>.</mod></p></content></level></subsection></section>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-221-1"><num>(1)</num><content><p>The <ref eId="c00368" href="https://www.legislation.gov.uk/uksi/2005/2045/contents">Income Tax (Construction Industry Scheme) Regulations 2005</ref> (<ref eId="c00369" href="http://www.legislation.gov.uk/id/uksi/2005/2045">S.I. 2005/2045</ref>) are amended as follows.</p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="section-221-2"><num>(2)</num><content><p><mod>After <ref eId="c00370" href="https://www.legislation.gov.uk/uksi/2005/2045/regulation/13">regulation 13</ref> insert—<quotedStructure startQuote="“" endQuote="”" uk:context="body" uk:docName="uksi" ukl:TargetClass="secondary" ukl:TargetSubClass="regulation" ukl:Context="main" ukl:Format="double"><hcontainer name="regulation"><heading>Determination of amounts payable as a result of things done in the knowledge of deliberate failures to comply and appeal against determination</heading><num>13A.</num><paragraph><num>(1)</num><content><p>This regulation applies if a determination is made under section <ref href="#d28e35426">62A</ref><ref href="#d28e35466">(2)</ref> (payments made in the knowledge of deliberate failures to comply) or <ref href="#d28e35506">62B</ref><ref href="#d28e35540">(2)</ref> (returns made in the knowledge of deliberate failures to comply) of the Act.</p></content></paragraph><paragraph><num>(2)</num><content><p>An officer of Revenue and Customs must serve notice of the determination on the person to whom it relates.</p></content></paragraph><paragraph><num>(3)</num><content><p>The determination may cover one or more amounts the person is liable to pay under section <ref href="#d28e35426">62A</ref><ref href="#d28e35466">(2)</ref> or <ref href="#d28e35506">62B</ref><ref href="#d28e35540">(2)</ref> of the Act.</p></content></paragraph><paragraph><num>(4)</num><intro><p>The determination is subject to Parts 4, 5, 5A and 6 of TMA (assessment, appeals, collection and recovery) as if—</p></intro><level class="para1"><num>(a)</num><content><p>the determination were an assessment, and</p></content></level><level class="para1"><num>(b)</num><content><p>the amount determined were income tax charged on the person,</p></content></level><wrapUp><p>and those Parts of that Act apply accordingly with any necessary modifications, except that the amount determined is due and payable 14 days after the determination is made.</p></wrapUp></paragraph></hcontainer></quotedStructure></mod></p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="section-221-3"><num>(3)</num><intro><p>In <ref eId="c00371" href="https://www.legislation.gov.uk/uksi/2005/2045/regulation/16">regulation 16</ref>—</p></intro><level class="para1" eId="section-221-3-a"><num>(a)</num><intro><p>in <ref eId="c00372" href="https://www.legislation.gov.uk/uksi/2005/2045/regulation/16">paragraph (1)</ref>—</p></intro><level class="para2" eId="section-221-3-a-i"><num>(i)</num><content><p>the words from “a contractor” to the end become <ref href="#section-221-3-a">paragraph (a)</ref>;</p></content></level><level class="para2" eId="section-221-3-a-ii"><num>(ii)</num><content><p><mod>after <ref eId="c00373" href="https://www.legislation.gov.uk/uksi/2005/2045/regulation/16">that paragraph</ref> insert <quotedText startQuote="“">, or</quotedText><quotedStructure endQuote="”" uk:context="body" uk:docName="uksi" ukl:TargetClass="secondary" ukl:TargetSubClass="regulation" ukl:Context="main" ukl:Format="default"><level class="para1"><num>(b)</num><content><p>a person is liable to pay under regulation 13A(2).</p></content></level></quotedStructure><inline name="appendText">;</inline></mod></p></content></level></level><level class="para1" eId="section-221-3-b"><num>(b)</num><content><p><mod>in <ref eId="c00374" href="https://www.legislation.gov.uk/uksi/2005/2045/regulation/16">paragraph (3)</ref>, in Table 1, in the first row, for “and 13(2)” substitute <quotedText>“, 13(2) and 13A(2)”</quotedText>.</mod></p></content></level></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" class="para1" eId="section-221-3-a"><num>(a)</num><intro><p>in <ref eId="c00372" href="https://www.legislation.gov.uk/uksi/2005/2045/regulation/16">paragraph (1)</ref>—</p></intro><level class="para2" eId="section-221-3-a-i"><num>(i)</num><content><p>the words from “a contractor” to the end become <ref href="#section-221-3-a">paragraph (a)</ref>;</p></content></level><level class="para2" eId="section-221-3-a-ii"><num>(ii)</num><content><p><mod>after <ref eId="c00373" href="https://www.legislation.gov.uk/uksi/2005/2045/regulation/16">that paragraph</ref> insert <quotedText startQuote="“">, or</quotedText><quotedStructure endQuote="”" uk:context="body" uk:docName="uksi" ukl:TargetClass="secondary" ukl:TargetSubClass="regulation" ukl:Context="main" ukl:Format="default"><level class="para1"><num>(b)</num><content><p>a person is liable to pay under regulation 13A(2).</p></content></level></quotedStructure><inline name="appendText">;</inline></mod></p></content></level></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para2" eId="section-221-3-a-i"><num>(i)</num><content><p>the words from “a contractor” to the end become <ref href="#section-221-3-a">paragraph (a)</ref>;</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" class="para2" eId="section-221-3-a-ii"><num>(ii)</num><content><p><mod>after <ref eId="c00373" href="https://www.legislation.gov.uk/uksi/2005/2045/regulation/16">that paragraph</ref> insert <quotedText startQuote="“">, or</quotedText><quotedStructure endQuote="”" uk:context="body" uk:docName="uksi" ukl:TargetClass="secondary" ukl:TargetSubClass="regulation" ukl:Context="main" ukl:Format="default"><level class="para1"><num>(b)</num><content><p>a person is liable to pay under regulation 13A(2).</p></content></level></quotedStructure><inline name="appendText">;</inline></mod></p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-221-3-b"><num>(b)</num><content><p><mod>in <ref eId="c00374" href="https://www.legislation.gov.uk/uksi/2005/2045/regulation/16">paragraph (3)</ref>, in Table 1, in the first row, for “and 13(2)” substitute <quotedText>“, 13(2) and 13A(2)”</quotedText>.</mod></p></content></level>
<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-222"><num>222</num><heading>Commencement</heading><subsection eId="section-222-1"><num>(1)</num><content><p>Subject to subsection <ref href="#section-222-2">(2)</ref>, the amendments made by sections <ref href="#section-220">220</ref> and <ref href="#section-221">221</ref> have effect from 6 April 2026.</p></content></subsection><subsection eId="section-222-2"><num>(2)</num><content><p>The amendments made by section <ref href="#section-220">220</ref><ref href="#section-220-3">(3)</ref><ref href="#section-220-3-d">(d)</ref><ref href="#section-220-3-d-ii">(ii)</ref> and <ref href="#section-220">220</ref><ref href="#section-220-3">(3)</ref><ref href="#section-220-3-e">(e)</ref>have effect in relation to a determination under section 66(3) of FA 2004 if the determination is made by reference to behaviour occurring on or after 6 April 2026.</p></content></subsection></section>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-222-1"><num>(1)</num><content><p>Subject to subsection <ref href="#section-222-2">(2)</ref>, the amendments made by sections <ref href="#section-220">220</ref> and <ref href="#section-221">221</ref> have effect from 6 April 2026.</p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-222-2"><num>(2)</num><content><p>The amendments made by section <ref href="#section-220">220</ref><ref href="#section-220-3">(3)</ref><ref href="#section-220-3-d">(d)</ref><ref href="#section-220-3-d-ii">(ii)</ref> and <ref href="#section-220">220</ref><ref href="#section-220-3">(3)</ref><ref href="#section-220-3-e">(e)</ref>have effect in relation to a determination under section 66(3) of FA 2004 if the determination is made by reference to behaviour occurring on or after 6 April 2026.</p></content></subsection>
<part xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="part-7"><num>Part 7</num><heading>Tax advisers</heading><chapter eId="part-7-chapter-1"><num>Chapter 1</num><heading>Registration</heading><hcontainer name="crossheading" ukl:Name="Pblock" eId="part-7-chapter-1-crossheading-prohibition-against-unregistered-tax-advisers-interacting-with-hmrc"><heading>Prohibition against unregistered tax advisers interacting with HMRC</heading><section eId="section-223"><num>223</num><heading>Prohibition against unregistered tax advisers interacting with HMRC</heading><subsection eId="section-223-1"><num>(1)</num><intro><p>A tax adviser may not interact with HMRC in relation to the tax affairs of a client unless—</p></intro><level class="para1" eId="section-223-1-a"><num>(a)</num><content><p>the adviser is registered under this Chapter, or</p></content></level><level class="para1" eId="section-223-1-b"><num>(b)</num><content><p>an exception in <ref href="#schedule-20">Schedule 20</ref> (exceptions) applies.</p></content></level></subsection><subsection eId="section-223-2"><num>(2)</num><intro><p>A person interacts with HMRC if the person does or attempts to do any of the following—</p></intro><level class="para1" eId="section-223-2-a"><num>(a)</num><content><p>contact HMRC by telephone, post or email;</p></content></level><level class="para1" eId="section-223-2-b"><num>(b)</num><content><p>send a message to HMRC through a website or internet portal;</p></content></level><level class="para1" eId="section-223-2-c"><num>(c)</num><content><p>file a return, claim, notice or other document with HMRC (whether electronically or otherwise);</p></content></level><level class="para1" eId="section-223-2-d"><num>(d)</num><content><p>communicate with HMRC in any other way.</p></content></level></subsection><subsection eId="section-223-3"><num>(3)</num><content><p>Subsection <ref href="#section-223-1">(1)</ref> applies even if the tax adviser or the client (or both) are outside the United Kingdom.</p></content></subsection><subsection eId="section-223-4"><num>(4)</num><intro><p>Where an individual—</p></intro><level class="para1" eId="section-223-4-a"><num>(a)</num><content><p>works for a tax adviser, and</p></content></level><level class="para1" eId="section-223-4-b"><num>(b)</num><content><p>interacts with HMRC in the course of a business carried on by that tax adviser,</p></content></level><wrapUp><p>the interaction is to be regarded as being carried out by that tax adviser.</p></wrapUp></subsection></section><section eId="section-224"><num>224</num><heading>Meaning of “tax adviser” and “client”</heading><subsection eId="section-224-1"><num>(1)</num><intro><p>In this Chapter “<term refersTo="#term-tax-adviser" eId="term-tax-adviser">tax adviser</term>” means—</p></intro><level class="para1" eId="section-224-1-a"><num>(a)</num><content><p>an organisation that, in the course of a business carried on by it, assists other persons with their tax affairs, or</p></content></level><level class="para1" eId="section-224-1-b"><num>(b)</num><content><p>an individual who, in the course of a business carried on by the individual as a sole trader, assists other persons with their tax affairs.</p></content></level></subsection><subsection eId="section-224-2"><num>(2)</num><intro><p>An organisation or individual assists another person with their tax affairs if the organisation or individual does any of the following—</p></intro><level class="para1" eId="section-224-2-a"><num>(a)</num><content><p>advises the other person in relation to tax;</p></content></level><level class="para1" eId="section-224-2-b"><num>(b)</num><content><p>acts or purports to act as an agent on behalf of the other person in relation to tax;</p></content></level><level class="para1" eId="section-224-2-c"><num>(c)</num><content><p>provides assistance with any document that is likely to be relied on by HMRC to determine the other person’s tax position.</p></content></level></subsection><subsection eId="section-224-3"><num>(3)</num><content><p>A person can be a tax adviser even if they are appointed indirectly (for example, at the request of someone other than their client).</p></content></subsection><subsection eId="section-224-4"><num>(4)</num><content><p>In this Chapter “<term refersTo="#term-client" eId="term-client">client</term>”, in relation to a tax adviser, means a person who the adviser, in the course of a business carried on by the adviser, assists with their tax affairs.</p></content></subsection></section></hcontainer><hcontainer name="crossheading" ukl:Name="Pblock" eId="part-7-chapter-1-crossheading-application-process"><heading>Application process</heading><section eId="section-225"><num>225</num><heading>Application for registration</heading><subsection eId="section-225-1"><num>(1)</num><content><p>A tax adviser may apply to HMRC to be registered under this Chapter.</p></content></subsection><subsection eId="section-225-2"><num>(2)</num><content><p>An application must be made in the form and manner specified in a notice published by HMRC.</p></content></subsection><subsection eId="section-225-3"><num>(3)</num><intro><p>An application must contain the following—</p></intro><level class="para1" eId="section-225-3-a"><num>(a)</num><content><p>the name and address of the tax adviser;</p></content></level><level class="para1" eId="section-225-3-b"><num>(b)</num><content><p>if the tax adviser is an organisation, the name of each of the tax adviser’s relevant individuals (see section <ref href="#section-226">226</ref> (meaning of “relevant individual” etc));</p></content></level><level class="para1" eId="section-225-3-c"><num>(c)</num><intro><p>a statement—</p></intro><level class="para2" eId="section-225-3-c-i"><num>(i)</num><content><p>that the tax adviser meets the registration conditions (see section <ref href="#section-227">227</ref> (registration conditions)), or</p></content></level><level class="para2" eId="section-225-3-c-ii"><num>(ii)</num><content><p>explaining why those conditions are not met;</p></content></level></level><level class="para1" eId="section-225-3-d"><num>(d)</num><content><p>any other information or evidence relating to the tax adviser or the registration conditions that may be specified in a notice published by HMRC.</p></content></level></subsection><subsection eId="section-225-4"><num>(4)</num><content><p>A notice under subsection <ref href="#section-225-3">(3)</ref><ref href="#section-225-3-d">(d)</ref> may, in particular, specify different types of information or evidence for different descriptions of tax advisers (for example, for tax advisers who are established in, or who otherwise have a connection with, a territory outside the United Kingdom).</p></content></subsection></section><section eId="section-226"><num>226</num><heading>Meaning of “relevant individual” and “officer”</heading><subsection eId="section-226-1"><num>(1)</num><intro><p>For the purposes of this Chapter “<term refersTo="#term-relevant-individual" eId="term-relevant-individual">relevant individual</term>”, in relation to a tax adviser that is an organisation with fewer than six officers, means—</p></intro><level class="para1" eId="section-226-1-a"><num>(a)</num><intro><p>each individual who works for the tax adviser and who plays a significant role in—</p></intro><level class="para2" eId="section-226-1-a-i"><num>(i)</num><content><p>the making of decisions about how the whole or a substantial part of the tax adviser activities of the organisation are to be managed or organised, or</p></content></level><level class="para2" eId="section-226-1-a-ii"><num>(ii)</num><content><p>the actual managing or organising of the whole or a substantial part of those activities, and</p></content></level></level><level class="para1" eId="section-226-1-b"><num>(b)</num><content><p>each officer of the tax adviser who is not within paragraph (a).</p></content></level></subsection><subsection eId="section-226-2"><num>(2)</num><intro><p>For the purposes of this Chapter “<term refersTo="#term-relevant-individual" eId="term-relevant-individual">relevant individual</term>”, in relation to a tax adviser that is an organisation with six or more officers, means—</p></intro><level class="para1" eId="section-226-2-a"><num>(a)</num><intro><p>each individual who works for the tax adviser and who plays a significant role in—</p></intro><level class="para2" eId="section-226-2-a-i"><num>(i)</num><content><p>the making of decisions about how the whole or a substantial part of the tax adviser activities of the organisation are to be managed or organised, or</p></content></level><level class="para2" eId="section-226-2-a-ii"><num>(ii)</num><content><p>the actual managing or organising of the whole or a substantial part of those activities, and</p></content></level></level><level class="para1" eId="section-226-2-b"><num>(b)</num><content><p>if the organisation has fewer than five officers within paragraph <ref href="#section-226-2-a">(a)</ref>, each officer of the tax adviser nominated by the adviser to be a relevant individual (see section <ref href="#section-227">227</ref><ref href="#section-227-4">(4)</ref> (registration conditions)).</p></content></level></subsection><subsection eId="section-226-3"><num>(3)</num><intro><p>In this Chapter “<term refersTo="#term-officer" eId="term-officer">officer</term>” means—</p></intro><level class="para1" eId="section-226-3-a"><num>(a)</num><content><p>in relation to a company, a director;</p></content></level><level class="para1" eId="section-226-3-b"><num>(b)</num><content><p>in relation to a body corporate whose affairs are managed by its members, a member who exercises functions of management with respect to it;</p></content></level><level class="para1" eId="section-226-3-c"><num>(c)</num><content><p>in relation to a body corporate not within paragraph <ref href="#section-226-3-a">(a)</ref> or <ref href="#section-226-3-b">(b)</ref>, an officer of the body whose functions correspond to those of a director of a company;</p></content></level><level class="para1" eId="section-226-3-d"><num>(d)</num><content><p>in relation to a partnership, a partner;</p></content></level><level class="para1" eId="section-226-3-e"><num>(e)</num><content><p>in relation to any other organisation, a person who exercises functions of management with respect to it.</p></content></level></subsection></section><section eId="section-227"><num>227</num><heading>Registration conditions</heading><subsection eId="section-227-1"><num>(1)</num><content><p>A reference in this Chapter to the registration conditions is to the following three conditions.</p></content></subsection><subsection eId="section-227-2"><num>(2)</num><intro><p>The first registration condition is that the tax adviser and, if the adviser is an organisation, each of the adviser’s relevant individuals—</p></intro><level class="para1" eId="section-227-2-a"><num>(a)</num><content><p>does not have a relevant amount overdue or a relevant return outstanding,</p></content></level><level class="para1" eId="section-227-2-b"><num>(b)</num><content><p>is not subject to a decision by HMRC to refuse to deal with them,</p></content></level><level class="para1" eId="section-227-2-c"><num>(c)</num><content><p>is not subject to a relevant anti-avoidance measure,</p></content></level><level class="para1" eId="section-227-2-d"><num>(d)</num><content><p>has not, in the previous 12 months, had a relevant anti-avoidance penalty imposed on them,</p></content></level><level class="para1" eId="section-227-2-e"><num>(e)</num><content><p>is not subject to a relevant suspension or a relevant ineligibility order,</p></content></level><level class="para1" eId="section-227-2-f"><num>(f)</num><content><p>is not disqualified under the directors disqualification legislation or subject to a similar disqualification in a territory outside the United Kingdom,</p></content></level><level class="para1" eId="section-227-2-g"><num>(g)</num><content><p>does not have an insolvency practitioner acting in relation to them, and</p></content></level><level class="para1" eId="section-227-2-h"><num>(h)</num><content><p>does not have an unspent conviction for a relevant offence (see section <ref href="#section-229">229</ref> (offences)).</p></content></level></subsection><subsection eId="section-227-3"><num>(3)</num><intro><p>The second registration condition is that the adviser—</p></intro><level class="para1" eId="section-227-3-a"><num>(a)</num><content><p>is registered with a supervisory authority for the purposes of anti-money laundering supervision, or</p></content></level><level class="para1" eId="section-227-3-b"><num>(b)</num><content><p>meets such conditions about applying to register with a supervisory authority for those purposes as may be specified in a notice published by HMRC.</p></content></level></subsection><subsection eId="section-227-4"><num>(4)</num><content><p>The third registration condition is that, if the adviser is an organisation within section <ref href="#section-226">226</ref><ref href="#section-226-2">(2)</ref><ref href="#section-226-2-b">(b)</ref> (organisations with six or more officers etc), the adviser has nominated as many officers to be relevant individuals as are necessary to ensure that the adviser has at least five relevant individuals who are officers.</p></content></subsection></section><section eId="section-228"><num>228</num><heading>Registration conditions: interpretation</heading><subsection eId="section-228-1"><num>(1)</num><intro><p>In section <ref href="#section-227">227</ref> and this section, “relevant amount”, other than in relation to a person within subsection <ref href="#section-228-2">(2)</ref>, means an amount of—</p></intro><level class="para1" eId="section-228-1-a"><num>(a)</num><content><p>tax payable to HMRC;</p></content></level><level class="para1" eId="section-228-1-b"><num>(b)</num><content><p>national insurance contributions;</p></content></level><level class="para1" eId="section-228-1-c"><num>(c)</num><content><p>devolved tax corresponding to a tax payable to HMRC or to national insurance contributions;</p></content></level><level class="para1" eId="section-228-1-d"><num>(d)</num><content><p>a civil penalty relating to a tax mentioned in paragraph <ref href="#section-228-1-a">(a)</ref> or <ref href="#section-228-1-c">(c)</ref> or to national insurance contributions;</p></content></level><level class="para1" eId="section-228-1-e"><num>(e)</num><content><p>a civil penalty (not within paragraph (d)) relating to an obligation contained in a provision made by or under any enactment relating to tax;</p></content></level><level class="para1" eId="section-228-1-f"><num>(f)</num><content><p>interest on an amount within paragraphs <ref href="#section-228-1-a">(a)</ref> to <ref href="#section-228-1-e">(e)</ref>.</p></content></level></subsection><subsection eId="section-228-2"><num>(2)</num><intro><p>A person is within this subsection if, in the previous 12 months, the person—</p></intro><level class="para1" eId="section-228-2-a"><num>(a)</num><content><p>was not liable to pay an amount within subsection <ref href="#section-228-1">(1)</ref><ref href="#section-228-1-a">(a)</ref> to <ref href="#section-228-1-f">(f)</ref>, and</p></content></level><level class="para1" eId="section-228-2-b"><num>(b)</num><content><p>was liable to pay an amount corresponding to an amount within subsection <ref href="#section-228-1">(1)</ref><ref href="#section-228-1-a">(a)</ref> to <ref href="#section-228-1-f">(f)</ref> under the law of a territory outside the United Kingdom.</p></content></level></subsection><subsection eId="section-228-3"><num>(3)</num><intro><p>In relation to a person within subsection <ref href="#section-228-2">(2)</ref>, “<term refersTo="#term-relevant-amount" eId="term-relevant-amount">relevant amount</term>” means an amount corresponding to an amount within subsection <ref href="#section-228-1">(1)</ref><ref href="#section-228-1-a">(a)</ref> to <ref href="#section-228-1-f">(f)</ref> that the person is liable to pay—</p></intro><level class="para1" eId="section-228-3-a"><num>(a)</num><content><p>under the law of the territory mentioned in subsection <ref href="#section-228-2">(2)</ref><ref href="#section-228-2-b">(b)</ref>, or</p></content></level><level class="para1" eId="section-228-3-b"><num>(b)</num><content><p>if the person was, during the 12-month period, liable to pay such an amount under the law of more than one territory outside the United Kingdom, under whichever of those territories the person earned the most income in relation to tax adviser activities during the 12-month period.</p></content></level></subsection><subsection eId="section-228-4"><num>(4)</num><intro><p>For the purposes of section <ref href="#section-227">227</ref><ref href="#section-227-2">(2)</ref><ref href="#section-227-2-a">(a)</ref>—</p></intro><level class="para1" eId="section-228-4-a"><num>(a)</num><content><p>a relevant amount is overdue if the amount has become due and payable but the amount has not been paid;</p></content></level><level class="para1" eId="section-228-4-b"><num>(b)</num><content><p>a relevant return is outstanding if the return is required to have been made or delivered but it has not been made or delivered.</p></content></level></subsection><subsection eId="section-228-5"><num>(5)</num><content><p>But a relevant amount is not overdue if it is subject to a time to pay agreement that has not been broken.</p></content></subsection><subsection eId="section-228-6"><num>(6)</num><intro><p>For the purposes of section <ref href="#section-227">227</ref><ref href="#section-227-2">(2)</ref><ref href="#section-227-2-c">(c)</ref>, a person is subject to a “relevant anti-avoidance measure” if—</p></intro><level class="para1" eId="section-228-6-a"><num>(a)</num><content><p>the person is subject to a stop notice given under section 236A of FA 2014 (power to give stop notices);</p></content></level><level class="para1" eId="section-228-6-b"><num>(b)</num><content><p>the person is subject to a monitoring notice given under section 244 of FA 2014 (monitoring notices: content and issuing);</p></content></level><level class="para1" eId="section-228-6-c"><num>(c)</num><content><p>information about the person has been published under paragraph 46 of Schedule 16 of F(No.2)A 2017 (penalties for enablers of defeated tax avoidance) and the information has not been withdrawn;</p></content></level><level class="para1" eId="section-228-6-d"><num>(d)</num><content><p>information identifying or about the person has been published under section 86(1) of FA 2022 (publication by HMRC of information about tax avoidance schemes) and the information has not been withdrawn.</p></content></level></subsection><subsection eId="section-228-7"><num>(7)</num><intro><p>In section <ref href="#section-227">227</ref> and this section “<term refersTo="#term-relevant-anti-avoidance-penalty" eId="term-relevant-anti-avoidance-penalty">relevant anti-avoidance penalty</term>” means a penalty under any of the following—</p></intro><level class="para1" eId="section-228-7-a"><num>(a)</num><content><p>paragraph 2(1) of Schedule 35 to FA 2014 in respect of a failure to comply with section 236B(1) of that Act (stop notices);</p></content></level><level class="para1" eId="section-228-7-b"><num>(b)</num><content><p>paragraph 1 of Schedule 16 to F(No.2)A 2017 (penalties for enablers of defeated tax avoidance);</p></content></level><level class="para1" eId="section-228-7-c"><num>(c)</num><content><p>section <ref href="#section-162">162</ref> (ban on promotion of certain tax arrangements).</p></content></level></subsection><subsection eId="section-228-8"><num>(8)</num><content><p>For the purposes of section <ref href="#section-227">227</ref><ref href="#section-227-2">(2)</ref><ref href="#section-227-2-d">(d)</ref>, if a relevant anti-avoidance penalty is imposed on a person and the penalty is at any time subsequently set aside or otherwise cancelled, the penalty is to be treated from that time as if it was not imposed on the person.</p></content></subsection><subsection eId="section-228-9"><num>(9)</num><content><p>For the purposes of section <ref href="#section-227">227</ref><ref href="#section-227-2">(2)</ref><ref href="#section-227-2-e">(e)</ref>, a person is subject to a relevant suspension if the person’s registration under this Chapter is suspended under section <ref href="#section-232">232</ref> (suspension of registration).</p></content></subsection><subsection eId="section-228-10"><num>(10)</num><intro><p>In section <ref href="#section-227">227</ref> and this section—</p></intro><hcontainer name="definition"><content><p>“<term refersTo="#term-devolved-tax" eId="term-devolved-tax">devolved tax</term>” means a devolved tax within the meaning of the Scotland Act 1998 (see section 80A of that Act) or the Government of Wales Act 2006 (see section 116A of that Act);</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-disqualified-under-the-directors-disqualification-legislation" eId="term-disqualified-under-the-directors-disqualification-legislation">disqualified under the directors disqualification legislation</term>” has the same meaning as in the Companies Act 2006 (see section 159A of that Act);</p></content></hcontainer><hcontainer name="definition"><intro><p>“<term refersTo="#term-insolvency-practitioner" eId="term-insolvency-practitioner">insolvency practitioner</term>” means—</p></intro><level class="para1"><num>(a)</num><content><p>a person who acts as an insolvency practitioner within the meaning of section 388 of the Insolvency Act 1986 or article 3 of the Insolvency (Northern Ireland) Order 1989, or</p></content></level><level class="para1"><num>(b)</num><content><p>a person in a territory outside the United Kingdom who exercises functions similar to those of a person mentioned in paragraph (a);</p></content></level></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-relevant-ineligibility-order" eId="term-relevant-ineligibility-order">relevant ineligibility order</term>” means a temporary or permanent ineligibility order issued under section <ref href="#section-236">236</ref> or <ref href="#section-237">237</ref> (ineligibility orders);</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-relevant-return" eId="term-relevant-return">relevant return</term>” means a return relating to a relevant amount;</p></content></hcontainer><hcontainer name="definition"><intro><p>“<term refersTo="#term-supervisory-authority" eId="term-supervisory-authority">supervisory authority</term>” means—</p></intro><level class="para1"><num>(a)</num><content><p>a supervisory authority within the meaning given by regulation 3(1) of the Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017 (<ref eId="c00375" href="http://www.legislation.gov.uk/id/uksi/2017/692">S.I. 2017/692</ref>), or</p></content></level><level class="para1"><num>(b)</num><content><p>an authority in a territory outside the United Kingdom which exercises functions similar to those of an authority mentioned in paragraph (a);</p></content></level></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-time-to-pay-agreement" eId="term-time-to-pay-agreement">time to pay agreement</term>” means an agreement between HMRC and a person that payment of an amount may, subject to the person complying with any conditions determined by HMRC, be deferred for a period.</p></content></hcontainer></subsection></section><section eId="section-229"><num>229</num><heading>Registration conditions: offences</heading><subsection eId="section-229-1"><num>(1)</num><intro><p>The reference in section <ref href="#section-227">227</ref><ref href="#section-227-2">(2)</ref><ref href="#section-227-2-h">(h)</ref> to a relevant offence is to any of the following offences—</p></intro><level class="para1" eId="section-229-1-a"><num>(a)</num><content><p>an offence under section 20BB of TMA 1970 (falsification of documents);</p></content></level><level class="para1" eId="section-229-1-b"><num>(b)</num><content><p>an offence under CEMA 1979;</p></content></level><level class="para1" eId="section-229-1-c"><num>(c)</num><content><p>an offence under section 112 (false representations for obtaining benefit) or section 114 (offences relating to contributions) of the Social Security Administration Act 1992;</p></content></level><level class="para1" eId="section-229-1-d"><num>(d)</num><content><p>an offence under VATA 1994;</p></content></level><level class="para1" eId="section-229-1-e"><num>(e)</num><content><p>an offence under section 35 of the Tax Credits Act 2002 (offence of fraud);</p></content></level><level class="para1" eId="section-229-1-f"><num>(f)</num><content><p>an offence under CRCA 2005;</p></content></level><level class="para1" eId="section-229-1-g"><num>(g)</num><content><p>an offence under section 45 or 46 of the Criminal Finances Act 2017 (failure to prevent facilitation of tax evasion offences);</p></content></level><level class="para1" eId="section-229-1-h"><num>(h)</num><content><p>an offence at common law of cheating the public revenue;</p></content></level><level class="para1" eId="section-229-1-i"><num>(i)</num><content><p>an offence under the law of any part of the United Kingdom consisting of being knowingly concerned in, or in taking steps with a view to, the fraudulent evasion of tax;</p></content></level><level class="para1" eId="section-229-1-j"><num>(j)</num><content><p>an offence of aiding, abetting, counselling or procuring the commission of an offence mentioned in paragraphs <ref href="#section-229-1-a">(a)</ref> to <ref href="#section-229-1-i">(i)</ref>;</p></content></level><level class="para1" eId="section-229-1-k"><num>(k)</num><content><p>an offence under the law of a territory outside the United Kingdom which would be an offence otherwise referred to in this section if the conduct constituting that offence was carried out in any part of the United Kingdom.</p></content></level></subsection><subsection eId="section-229-2"><num>(2)</num><content><p>For the purposes of subsection <ref href="#section-229-1">(1)</ref><ref href="#section-229-1-k">(k)</ref>, an act punishable under the law of a territory outside the United Kingdom constitutes an offence under that law, however it is described in that law.</p></content></subsection></section><section eId="section-230"><num>230</num><heading>Registration of tax advisers etc</heading><subsection eId="section-230-1"><num>(1)</num><intro><p>Where a tax adviser applies to be registered under this Chapter in accordance with section <ref href="#section-225">225</ref> (application for registration), an officer of Revenue and Customs must—</p></intro><level class="para1" eId="section-230-1-a"><num>(a)</num><content><p>decide whether to approve the application;</p></content></level><level class="para1" eId="section-230-1-b"><num>(b)</num><intro><p>notify the tax adviser of the decision and—</p></intro><level class="para2" eId="section-230-1-b-i"><num>(i)</num><content><p>where the application is approved, of the date from which the registration has effect, and</p></content></level><level class="para2" eId="section-230-1-b-ii"><num>(ii)</num><content><p>where the application is not approved, of the reasons for the decision.</p></content></level></level></subsection><subsection eId="section-230-2"><num>(2)</num><content><p>The officer must approve the application if satisfied that the tax adviser meets the registration conditions.</p></content></subsection><subsection eId="section-230-3"><num>(3)</num><intro><p>The officer may otherwise approve the application only if—</p></intro><level class="para1" eId="section-230-3-a"><num>(a)</num><content><p>the tax adviser fails to meet the registration conditions solely by virtue of the adviser, or a relevant individual of the adviser, not meeting the condition in section <ref href="#section-227">227</ref><ref href="#section-227-2">(2)</ref><ref href="#section-227-2-a">(a)</ref> (amount of tax etc overdue), and</p></content></level><level class="para1" eId="section-230-3-b"><num>(b)</num><content><p>having regard to the relevant amount that is overdue or (as the case may be) the circumstances of the outstanding relevant return, the officer considers it appropriate to approve the application.</p></content></level><wrapUp><p>In this subsection “<term refersTo="#term-relevant-amount" eId="term-relevant-amount">relevant amount</term>” and “<term refersTo="#term-relevant-return" eId="term-relevant-return">relevant return</term>” have the same meaning as in section <ref href="#section-227">227</ref> (registration conditions).</p></wrapUp></subsection><subsection eId="section-230-4"><num>(4)</num><intro><p>An officer of Revenue and Customs may cancel the registration of a registered tax adviser if—</p></intro><level class="para1" eId="section-230-4-a"><num>(a)</num><content><p>the adviser requests the cancellation, or</p></content></level><level class="para1" eId="section-230-4-b"><num>(b)</num><content><p>the tax adviser has been wound up or dissolved or has died.</p></content></level></subsection></section></hcontainer><hcontainer name="crossheading" ukl:Name="Pblock" eId="part-7-chapter-1-crossheading-monitoring-of-registration-conditions-and-suspension-of-registration"><heading>Monitoring of registration conditions and suspension of registration</heading><section eId="section-231"><num>231</num><heading>Monitoring of registration conditions</heading><content><p>An officer of Revenue and Customs may by notice require a registered tax adviser to provide such information or evidence as the officer reasonably requires for the purpose of monitoring whether the tax adviser meets the registration conditions.</p></content></section><section eId="section-232"><num>232</num><heading>Suspension of registration</heading><subsection eId="section-232-1"><num>(1)</num><content><p>An authorised officer of Revenue and Customs may, by notice, suspend the registration of a registered tax adviser if the officer is not satisfied that the adviser meets the registration conditions.</p></content></subsection><subsection eId="section-232-2"><num>(2)</num><content><p>An authorised officer of Revenue and Customs may, by notice, suspend the registration of a registered tax adviser for a period of up to 12 months if the officer considers that the adviser has, in the course of interacting with HMRC, behaved in a manner which falls below the standards that might reasonably be expected of a tax adviser in their interactions with HMRC.</p></content></subsection><subsection eId="section-232-3"><num>(3)</num><content><p>In considering whether a tax adviser has behaved as described in subsection <ref href="#section-232-2">(2)</ref>, the officer may in particular have regard to any provisions of a relevant HMRC standard that relate to interactions between tax advisers and HMRC.</p><p>In this subsection “<term refersTo="#term-relevant-hmrc-standard" eId="term-relevant-hmrc-standard">relevant HMRC standard</term>” means a standard published by HMRC that is specified for the purposes of this section in a notice published by HMRC.</p></content></subsection><subsection eId="section-232-4"><num>(4)</num><intro><p>Before suspending the registration of a registered tax adviser under this section, the officer must—</p></intro><level class="para1" eId="section-232-4-a"><num>(a)</num><content><p>notify the adviser of the fact that the officer considers subsection <ref href="#section-232-1">(1)</ref> or <ref href="#section-232-2">(2)</ref> to apply, and</p></content></level><level class="para1" eId="section-232-4-b"><num>(b)</num><intro><p>allow the adviser a period of—</p></intro><level class="para2" eId="section-232-4-b-i"><num>(i)</num><content><p>30 days, or</p></content></level><level class="para2" eId="section-232-4-b-ii"><num>(ii)</num><content><p>if subsection <ref href="#section-232-5">(5)</ref> applies, 60 days,</p></content></level><wrapUp><p>beginning with the date of the notification, to take action to meet the conditions or to make representations to HMRC.</p></wrapUp></level></subsection><subsection eId="section-232-5"><num>(5)</num><intro><p>This subsection applies where—</p></intro><level class="para1" eId="section-232-5-a"><num>(a)</num><content><p>the tax adviser is an individual and the officer considers subsection <ref href="#section-232-1">(1)</ref> to apply solely by virtue of the adviser not meeting the condition in section <ref href="#section-227">227</ref><ref href="#section-227-2">(2)</ref><ref href="#section-227-2-a">(a)</ref> (amount of tax etc overdue), or</p></content></level><level class="para1" eId="section-232-5-b"><num>(b)</num><content><p>the tax adviser is an organisation and the officer considers subsection <ref href="#section-232-1">(1)</ref> to apply solely by virtue of a relevant individual of the adviser not meeting the condition in section <ref href="#section-227">227</ref><ref href="#section-227-2">(2)</ref><ref href="#section-227-2-a">(a)</ref> (amount of tax etc overdue).</p></content></level></subsection><subsection eId="section-232-6"><num>(6)</num><intro><p>A notice suspending the registration of a registered tax adviser under this section must state the following—</p></intro><level class="para1" eId="section-232-6-a"><num>(a)</num><content><p>the date on which it is issued;</p></content></level><level class="para1" eId="section-232-6-b"><num>(b)</num><content><p>the date on which the suspension has effect, which must not be before the end of the period of 30 days beginning with the date mentioned in paragraph <ref href="#section-232-6-a">(a)</ref>;</p></content></level><level class="para1" eId="section-232-6-c"><num>(c)</num><content><p>in a case within subsection <ref href="#section-232-2">(2)</ref>, the period of the suspension;</p></content></level><level class="para1" eId="section-232-6-d"><num>(d)</num><intro><p>details of—</p></intro><level class="para2" eId="section-232-6-d-i"><num>(i)</num><content><p>in a case within subsection <ref href="#section-232-1">(1)</ref>, which of the registration conditions the officer is not satisfied that the adviser meets;</p></content></level><level class="para2" eId="section-232-6-d-ii"><num>(ii)</num><content><p>in a case within subsection <ref href="#section-232-2">(2)</ref>, the behaviour mentioned in that subsection;</p></content></level></level><level class="para1" eId="section-232-6-e"><num>(e)</num><content><p>the period within which an appeal against the decision to suspend the registration of the adviser may be made.</p></content></level></subsection><subsection eId="section-232-7"><num>(7)</num><content><p>An authorised officer of Revenue and Customs must, by notice, lift a suspension imposed under subsection <ref href="#section-232-1">(1)</ref> if satisfied that the adviser meets the registration conditions.</p></content></subsection></section></hcontainer><hcontainer name="crossheading" ukl:Name="Pblock" eId="part-7-chapter-1-crossheading-compliance-notice"><heading>Compliance notice</heading><section eId="section-233"><num>233</num><heading>Compliance notice</heading><subsection eId="section-233-1"><num>(1)</num><content><p>Where a tax adviser contravenes section <ref href="#section-223">223</ref><ref href="#section-223-1">(1)</ref> (prohibited interaction with HMRC), an authorised officer of Revenue and Customs may give a notice (a “<term refersTo="#term-compliance-notice" eId="term-compliance-notice">compliance notice</term>”) to the adviser.</p><p>For provision about the effect of a compliance notice, see sections <ref href="#section-234">234</ref><ref href="#section-234-1">(1)</ref><ref href="#section-234-1-a">(a)</ref> and <ref href="#section-235">235</ref><ref href="#section-235-1">(1)</ref><ref href="#section-235-1-a">(a)</ref> (financial penalties for prohibited interaction with HMRC).</p></content></subsection><subsection eId="section-233-2"><num>(2)</num><intro><p>A compliance notice must state the following—</p></intro><level class="para1" eId="section-233-2-a"><num>(a)</num><content><p>the date on which it is issued;</p></content></level><level class="para1" eId="section-233-2-b"><num>(b)</num><content><p>the contravention to which the notice relates;</p></content></level><level class="para1" eId="section-233-2-c"><num>(c)</num><content><p>the period within which an appeal against the notice may be made.</p></content></level></subsection><subsection eId="section-233-3"><num>(3)</num><content><p>An authorised officer of Revenue and Customs may withdraw a compliance notice at any time; and if they do so, they must notify the tax adviser.</p></content></subsection><subsection eId="section-233-4"><num>(4)</num><content><p>A compliance notice is to be treated as withdrawn if subsection <ref href="#section-233-5">(5)</ref> or <ref href="#section-233-6">(6)</ref> applies.</p></content></subsection><subsection eId="section-233-5"><num>(5)</num><intro><p>This subsection applies if—</p></intro><level class="para1" eId="section-233-5-a"><num>(a)</num><content><p>the tax adviser was not registered under this Chapter at the time of the contravention mentioned in subsection <ref href="#section-233-1">(1)</ref>, and</p></content></level><level class="para1" eId="section-233-5-b"><num>(b)</num><content><p>the tax adviser subsequently registers under this Chapter.</p></content></level></subsection><subsection eId="section-233-6"><num>(6)</num><intro><p>This subsection applies if—</p></intro><level class="para1" eId="section-233-6-a"><num>(a)</num><content><p>the tax adviser’s registration was suspended under section <ref href="#section-232">232</ref> (suspension of registration) at the time of the contravention mentioned in subsection <ref href="#section-233-1">(1)</ref>, and</p></content></level><level class="para1" eId="section-233-6-b"><num>(b)</num><content><p>the suspension is subsequently lifted under section <ref href="#section-232">232</ref><ref href="#section-232-7">(7)</ref> or expires.</p></content></level></subsection><subsection eId="section-233-7"><num>(7)</num><intro><p>Before giving a compliance notice under this section, the authorised officer must—</p></intro><level class="para1" eId="section-233-7-a"><num>(a)</num><content><p>notify the adviser of the fact that the officer considers subsection <ref href="#section-233-1">(1)</ref> to apply, and</p></content></level><level class="para1" eId="section-233-7-b"><num>(b)</num><content><p>allow the adviser a period of 30 days, beginning with the date of the notification, to make representations to HMRC.</p></content></level></subsection></section></hcontainer><hcontainer name="crossheading" ukl:Name="Pblock" eId="part-7-chapter-1-crossheading-financial-penalties"><heading>Financial penalties</heading><section eId="section-234"><num>234</num><heading>Financial penalties for prohibited interaction with HMRC</heading><subsection eId="section-234-1"><num>(1)</num><intro><p>This section applies where—</p></intro><level class="para1" eId="section-234-1-a"><num>(a)</num><content><p>a tax adviser has been given a compliance notice under section <ref href="#section-233">233</ref> that has not been withdrawn,</p></content></level><level class="para1" eId="section-234-1-b"><num>(b)</num><content><p>the tax adviser subsequently contravenes section <ref href="#section-223">223</ref><ref href="#section-223-1">(1)</ref> (prohibited interaction with HMRC), and</p></content></level><level class="para1" eId="section-234-1-c"><num>(c)</num><content><p>if the tax adviser is an organisation, an authorised officer of Revenue and Customs does not consider that the contravention is attributable to a relevant individual of the tax adviser (see section <ref href="#section-235">235</ref> (liability of relevant individuals)).</p></content></level></subsection><subsection eId="section-234-2"><num>(2)</num><intro><p>The tax adviser is liable in respect of the contravention to a penalty of—</p></intro><level class="para1" eId="section-234-2-a"><num>(a)</num><content><p>£5,000, or</p></content></level><level class="para1" eId="section-234-2-b"><num>(b)</num><content><p>if subsection <ref href="#section-234-3">(3)</ref> or <ref href="#section-234-4">(4)</ref> applies, £10,000.</p></content></level></subsection><subsection eId="section-234-3"><num>(3)</num><intro><p>This subsection applies if—</p></intro><level class="para1" eId="section-234-3-a"><num>(a)</num><content><p>in the period of two years ending with the date of the contravention, the tax adviser has been assessed to a penalty under this section or section <ref href="#section-235">235</ref> on four or more occasions, and</p></content></level><level class="para1" eId="section-234-3-b"><num>(b)</num><content><p>subsection <ref href="#section-235-4">(4)</ref> does not apply.</p></content></level></subsection><subsection eId="section-234-4"><num>(4)</num><intro><p>This subsection applies if the contravention takes place at a time when the tax adviser is subject to—</p></intro><level class="para1" eId="section-234-4-a"><num>(a)</num><content><p>a temporary ineligibility order issued under this Chapter, or</p></content></level><level class="para1" eId="section-234-4-b"><num>(b)</num><content><p>a permanent ineligibility order issued under this Chapter.</p></content></level></subsection><subsection eId="section-234-5"><num>(5)</num><content><p>For the purposes of subsection <ref href="#section-234-3">(3)</ref><ref href="#section-234-3-a">(a)</ref>, if a tax adviser is assessed to a penalty under this section or section <ref href="#section-235">235</ref> and the penalty is, at any time, subsequently set aside or otherwise cancelled, the penalty is to be treated from that time as if it was not assessed on the adviser.</p></content></subsection></section><section eId="section-235"><num>235</num><heading>Financial penalties for prohibited interaction with HMRC: liability of relevant individuals</heading><subsection eId="section-235-1"><num>(1)</num><intro><p>This section applies where—</p></intro><level class="para1" eId="section-235-1-a"><num>(a)</num><content><p>a tax adviser that is an organisation has been given a compliance notice under section <ref href="#section-233">233</ref> that has not been withdrawn,</p></content></level><level class="para1" eId="section-235-1-b"><num>(b)</num><content><p>the tax adviser subsequently contravenes section <ref href="#section-223">223</ref><ref href="#section-223-1">(1)</ref> (prohibited interaction with HMRC), and</p></content></level><level class="para1" eId="section-235-1-c"><num>(c)</num><content><p>an authorised officer of Revenue and Customs considers that the contravention is attributable to a relevant individual of the tax adviser.</p></content></level></subsection><subsection eId="section-235-2"><num>(2)</num><intro><p>The individual is liable in respect of the contravention to a penalty of—</p></intro><level class="para1" eId="section-235-2-a"><num>(a)</num><content><p>£5,000, or</p></content></level><level class="para1" eId="section-235-2-b"><num>(b)</num><content><p>if subsection <ref href="#section-235-3">(3)</ref> or <ref href="#section-235-4">(4)</ref> applies, £10,000.</p></content></level></subsection><subsection eId="section-235-3"><num>(3)</num><intro><p>This subsection applies if—</p></intro><level class="para1" eId="section-235-3-a"><num>(a)</num><content><p>in the period of two years ending with the date of the contravention, the relevant individual has been assessed to a penalty under this section or section <ref href="#section-234">234</ref> on four or more occasions, and</p></content></level><level class="para1" eId="section-235-3-b"><num>(b)</num><content><p>subsection <ref href="#section-235-4">(4)</ref> does not apply.</p></content></level></subsection><subsection eId="section-235-4"><num>(4)</num><intro><p>This subsection applies if the contravention takes place at a time when the relevant individual is subject to—</p></intro><level class="para1" eId="section-235-4-a"><num>(a)</num><content><p>a temporary ineligibility order issued under this Chapter, or</p></content></level><level class="para1" eId="section-235-4-b"><num>(b)</num><content><p>a permanent ineligibility order issued under this Chapter.</p></content></level></subsection><subsection eId="section-235-5"><num>(5)</num><content><p>For the purposes of subsection <ref href="#section-235-3">(3)</ref><ref href="#section-235-3-a">(a)</ref>, if a relevant individual is assessed to a penalty under this section or section <ref href="#section-234">234</ref> and the penalty is, at any time, subsequently set aside or otherwise cancelled, the penalty is to be treated from that time as if it was not assessed on the individual.</p></content></subsection><subsection eId="section-235-6"><num>(6)</num><content><p>In this section references to a relevant individual of a tax adviser include a former relevant individual of the tax adviser.</p></content></subsection></section></hcontainer><hcontainer name="crossheading" ukl:Name="Pblock" eId="part-7-chapter-1-crossheading-ineligibility-orders"><heading>Ineligibility orders</heading><section eId="section-236"><num>236</num><heading>Tax advisers: ineligibility orders</heading><subsection eId="section-236-1"><num>(1)</num><content><p>Where an authorised officer of Revenue and Customs assesses a tax adviser to a penalty under section <ref href="#section-234">234</ref><ref href="#section-234-2">(2)</ref><ref href="#section-234-2-b">(b)</ref> (financial penalties for prohibited interaction with HMRC) in a case where section <ref href="#section-234">234</ref><ref href="#section-234-3">(3)</ref> applies (repeated contravention), the officer must issue a temporary ineligibility order to the tax adviser.</p><p>For provision about the effect of a temporary ineligibility order, see in particular section <ref href="#section-227">227</ref><ref href="#section-227-2">(2)</ref><ref href="#section-227-2-e">(e)</ref> (registration conditions) and sections <ref href="#section-234">234</ref><ref href="#section-234-4">(4)</ref> and <ref href="#section-235">235</ref><ref href="#section-235-4">(4)</ref> (financial penalties for prohibited interaction with HMRC).</p></content></subsection><subsection eId="section-236-2"><num>(2)</num><content><p>A temporary ineligibility order issued under subsection <ref href="#section-236-1">(1)</ref> has effect for a period of 12 months from the end of the period of 30 days beginning with the date on which the order was issued to the person.</p></content></subsection><subsection eId="section-236-3"><num>(3)</num><intro><p>Where an authorised officer of Revenue and Customs assesses a tax adviser to a penalty under section <ref href="#section-234">234</ref><ref href="#section-234-2">(2)</ref><ref href="#section-234-2-b">(b)</ref> (financial penalties for prohibited interaction with HMRC) in a case where section <ref href="#section-234">234</ref><ref href="#section-234-4">(4)</ref><ref href="#section-234-4-a">(a)</ref> applies (contravention while subject to temporary ineligibility order), the officer must—</p></intro><level class="para1" eId="section-236-3-a"><num>(a)</num><content><p>issue a permanent ineligibility order to the tax adviser, and</p></content></level><level class="para1" eId="section-236-3-b"><num>(b)</num><content><p>in a case where the adviser’s registration is suspended under section <ref href="#section-232">232</ref>, cancel the adviser’s registration.</p></content></level><wrapUp><p>For provision about the effect of a permanent ineligibility order, see in particular section <ref href="#section-227">227</ref><ref href="#section-227-2">(2)</ref><ref href="#section-227-2-e">(e)</ref> (registration conditions) and sections <ref href="#section-234">234</ref><ref href="#section-234-4">(4)</ref> and <ref href="#section-235">235</ref><ref href="#section-235-4">(4)</ref> (financial penalties for prohibited interaction with HMRC).</p></wrapUp></subsection><subsection eId="section-236-4"><num>(4)</num><content><p>A permanent ineligibility order issued under subsection <ref href="#section-236-3">(3)</ref> has effect indefinitely from the end of the period of 30 days beginning with the date on which the order was issued to the person.</p></content></subsection><subsection eId="section-236-5"><num>(5)</num><intro><p>Before issuing an order to a person under subsection <ref href="#section-236-1">(1)</ref> or <ref href="#section-236-3">(3)</ref>, the authorised officer must—</p></intro><level class="para1" eId="section-236-5-a"><num>(a)</num><content><p>notify the person of the fact that the officer considers subsection <ref href="#section-236-1">(1)</ref> or <ref href="#section-236-3">(3)</ref> (as the case may be) to apply, and</p></content></level><level class="para1" eId="section-236-5-b"><num>(b)</num><content><p>allow the person a period of 30 days, beginning with the date of the notification, to make representations to HMRC.</p></content></level></subsection><subsection eId="section-236-6"><num>(6)</num><intro><p>An order under subsection <ref href="#section-236-1">(1)</ref> or <ref href="#section-236-3">(3)</ref> must state—</p></intro><level class="para1" eId="section-236-6-a"><num>(a)</num><content><p>the date on which it is issued, and</p></content></level><level class="para1" eId="section-236-6-b"><num>(b)</num><content><p>the period within which an appeal against the decision to issue the order may be made.</p></content></level></subsection></section><section eId="section-237"><num>237</num><heading>Relevant individuals: ineligibility orders</heading><subsection eId="section-237-1"><num>(1)</num><intro><p>Where an authorised officer of Revenue and Customs assesses a tax adviser to a penalty under section <ref href="#section-234">234</ref><ref href="#section-234-2">(2)</ref><ref href="#section-234-2-b">(b)</ref>(financial penalties for prohibited interaction with HMRC), the officer may—</p></intro><level class="para1" eId="section-237-1-a"><num>(a)</num><content><p>in a case where section <ref href="#section-234">234</ref><ref href="#section-234-3">(3)</ref> applies (repeated contravention), issue a temporary ineligibility order to any relevant individual of the tax adviser;</p></content></level><level class="para1" eId="section-237-1-b"><num>(b)</num><content><p>in a case where section <ref href="#section-234">234</ref><ref href="#section-234-4">(4)</ref> applies (contravention while subject to an ineligibility order), issue a permanent ineligibility order to any relevant individual of the tax adviser.</p></content></level></subsection><subsection eId="section-237-2"><num>(2)</num><content><p>Where an authorised officer of Revenue and Customs assesses a relevant individual of a tax adviser to a penalty under section <ref href="#section-235">235</ref><ref href="#section-235-2">(2)</ref><ref href="#section-235-2-b">(b)</ref> (liability of relevant individuals) in a case where section <ref href="#section-235">235</ref><ref href="#section-235-3">(3)</ref> applies (repeated contravention), the officer must issue a temporary ineligibility order to the individual.</p></content></subsection><subsection eId="section-237-3"><num>(3)</num><content><p>Where an authorised officer of Revenue and Customs assesses a relevant individual of a tax adviser to a penalty under section <ref href="#section-235">235</ref><ref href="#section-235-2">(2)</ref><ref href="#section-235-2-b">(b)</ref> (liability of relevant individuals) in a case where section <ref href="#section-235">235</ref><ref href="#section-235-4">(4)</ref><ref href="#section-235-4-a">(a)</ref> applies (contravention while subject to temporary ineligibility order), the officer must issue a permanent ineligibility order to the individual.</p></content></subsection><subsection eId="section-237-4"><num>(4)</num><content><p>For provision about the effect of a temporary or a permanent ineligibility order, see in particular section <ref href="#section-227">227</ref><ref href="#section-227-2">(2)</ref><ref href="#section-227-2-e">(e)</ref> (registration conditions) and sections <ref href="#section-234">234</ref><ref href="#section-234-4">(4)</ref> and <ref href="#section-235">235</ref><ref href="#section-235-4">(4)</ref> (financial penalties for prohibited interaction with HMRC).</p></content></subsection><subsection eId="section-237-5"><num>(5)</num><content><p>A temporary ineligibility order issued under subsection <ref href="#section-237-1">(1)</ref><ref href="#section-237-1-a">(a)</ref> or <ref href="#section-237-2">(2)</ref> has effect for a period of 12 months from the end of the period of 30 days beginning with the date on which the order was issued to the person.</p></content></subsection><subsection eId="section-237-6"><num>(6)</num><content><p>A permanent ineligibility order issued under subsection <ref href="#section-237-1">(1)</ref><ref href="#section-237-1-b">(b)</ref> or <ref href="#section-237-3">(3)</ref> has effect indefinitely from the end of the period of 30 days beginning with the date on which the order was issued to the person.</p></content></subsection><subsection eId="section-237-7"><num>(7)</num><intro><p>Before issuing an order to a relevant individual under subsection <ref href="#section-237-1">(1)</ref>, <ref href="#section-237-2">(2)</ref> or <ref href="#section-237-3">(3)</ref>, the authorised officer must—</p></intro><level class="para1" eId="section-237-7-a"><num>(a)</num><content><p>notify the relevant individual and the tax adviser of the fact that the officer considers subsection <ref href="#section-237-1">(1)</ref>, <ref href="#section-237-2">(2)</ref> or <ref href="#section-237-3">(3)</ref> (as the case may be) to apply, and</p></content></level><level class="para1" eId="section-237-7-b"><num>(b)</num><content><p>allow the relevant individual and the tax adviser a period of 30 days, beginning with the date of the notification, to make representations to HMRC.</p></content></level></subsection><subsection eId="section-237-8"><num>(8)</num><intro><p>An order under subsection <ref href="#section-237-1">(1)</ref>, <ref href="#section-237-2">(2)</ref> or <ref href="#section-237-3">(3)</ref> must state—</p></intro><level class="para1" eId="section-237-8-a"><num>(a)</num><content><p>the date on which it is issued, and</p></content></level><level class="para1" eId="section-237-8-b"><num>(b)</num><content><p>the period within which an appeal against the decision to issue the order may be made.</p></content></level></subsection><subsection eId="section-237-9"><num>(9)</num><content><p>Where an authorised officer of Revenue and Customs issues an order to a relevant individual under this section, the officer must also notify the tax adviser in question.</p></content></subsection><subsection eId="section-237-10"><num>(10)</num><content><p>In this section references to a relevant individual of a tax adviser include a former relevant individual of the tax adviser.</p></content></subsection></section></hcontainer><hcontainer name="crossheading" ukl:Name="Pblock" eId="part-7-chapter-1-crossheading-requirement-for-tax-adviser-to-notify-clients-of-suspension-or-ineligibility-orders"><heading>Requirement for tax adviser to notify clients of suspension or ineligibility orders</heading><section eId="section-238"><num>238</num><heading>Requirement for tax adviser to notify clients of suspension or ineligibility orders</heading><subsection eId="section-238-1"><num>(1)</num><content><p>Where a registered tax adviser’s registration has been suspended under section <ref href="#section-232">232</ref><ref href="#section-232-1">(1)</ref> (suspension of registration: registration conditions) for a period of more than 30 days, the adviser must take reasonable steps to notify each of their clients about the suspension within the period of 30 days beginning with the 31st day of the suspension.</p></content></subsection><subsection eId="section-238-2"><num>(2)</num><content><p>Where a registered tax adviser’s registration has been suspended under section <ref href="#section-232">232</ref><ref href="#section-232-2">(2)</ref> (suspension of registration: behaviour of adviser), the adviser must take reasonable steps to notify each of their clients about the suspension within the period of 30 days beginning with the day on which the suspension first has effect.</p></content></subsection><subsection eId="section-238-3"><num>(3)</num><content><p>Where a registered tax adviser is issued with a temporary or permanent ineligibility order under this Chapter, the adviser must take reasonable steps to notify each of their clients about the issuing of the order within the period of 30 days beginning with the day on which the order first has effect.</p></content></subsection><subsection eId="section-238-4"><num>(4)</num><content><p>A notification to a client under subsection <ref href="#section-238-1">(1)</ref>, <ref href="#section-238-2">(2)</ref> or <ref href="#section-238-3">(3)</ref> must be in the form and manner set out in a notice published by HMRC.</p></content></subsection><subsection eId="section-238-5"><num>(5)</num><content><p>If a tax adviser contravenes subsection <ref href="#section-238-1">(1)</ref>, <ref href="#section-238-2">(2)</ref> or <ref href="#section-238-3">(3)</ref> the adviser is liable to a penalty of £5,000.</p></content></subsection><subsection eId="section-238-6"><num>(6)</num><content><p>Where the contravention relates to more than one client, the tax adviser is liable to a penalty under this section in respect of each client.</p></content></subsection></section></hcontainer><hcontainer name="crossheading" ukl:Name="Pblock" eId="part-7-chapter-1-crossheading-reasonable-excuse"><heading>Reasonable excuse</heading><section eId="section-239"><num>239</num><heading>Reasonable excuse</heading><subsection eId="section-239-1"><num>(1)</num><content><p>A person is not liable to a penalty under section <ref href="#section-234">234</ref>, <ref href="#section-235">235</ref> or <ref href="#section-238">238</ref> if the person satisfies an authorised officer of Revenue and Customs or, on an appeal to the tribunal, the tribunal that there is a reasonable excuse for the contravention.</p></content></subsection><subsection eId="section-239-2"><num>(2)</num><content><p>If a person had a reasonable excuse for a contravention but the excuse has ceased, the person is to be treated as having continued to have the excuse if the contravention is remedied without unreasonable delay after the excuse ceased.</p></content></subsection></section></hcontainer><hcontainer name="crossheading" ukl:Name="Pblock" eId="part-7-chapter-1-crossheading-extension-of-period-for-making-representations"><heading>Extension of period for making representations</heading><section eId="section-240"><num>240</num><heading>Extension of period for making representations</heading><content><p>Where a provision of this Chapter requires an authorised officer of Revenue and Customs to allow a specified period of time for a person to make representations, the officer may, by notice to the person, extend that period.</p></content></section></hcontainer><hcontainer name="crossheading" ukl:Name="Pblock" eId="part-7-chapter-1-crossheading-assessment-of-financial-penalties-etc"><heading>Assessment of financial penalties etc</heading><section eId="section-241"><num>241</num><heading>Assessment of financial penalties</heading><subsection eId="section-241-1"><num>(1)</num><intro><p>Where a person becomes liable to a penalty under section <ref href="#section-234">234</ref>, <ref href="#section-235">235</ref> or <ref href="#section-238">238</ref>, an authorised officer of Revenue and Customs must—</p></intro><level class="para1" eId="section-241-1-a"><num>(a)</num><content><p>assess the penalty, and</p></content></level><level class="para1" eId="section-241-1-b"><num>(b)</num><content><p>notify the person.</p></content></level></subsection><subsection eId="section-241-2"><num>(2)</num><content><p>A notice under subsection <ref href="#section-241-1">(1)</ref> may relate to more than one contravention by the person.</p></content></subsection><subsection eId="section-241-3"><num>(3)</num><intro><p>A notice under subsection <ref href="#section-241-1">(1)</ref> must state—</p></intro><level class="para1" eId="section-241-3-a"><num>(a)</num><content><p>the date on which it is issued;</p></content></level><level class="para1" eId="section-241-3-b"><num>(b)</num><content><p>each contravention in respect of which the penalty is assessed;</p></content></level><level class="para1" eId="section-241-3-c"><num>(c)</num><content><p>the amount of the penalty;</p></content></level><level class="para1" eId="section-241-3-d"><num>(d)</num><content><p>the period within which an appeal against the assessment may be made.</p></content></level></subsection><subsection eId="section-241-4"><num>(4)</num><intro><p>Before assessing a tax adviser to a penalty under section <ref href="#section-234">234</ref>, <ref href="#section-235">235</ref> or <ref href="#section-238">238</ref>, the authorised officer must—</p></intro><level class="para1" eId="section-241-4-a"><num>(a)</num><content><p>notify the person of the fact that the officer considers the person is liable to the penalty, and</p></content></level><level class="para1" eId="section-241-4-b"><num>(b)</num><content><p>allow the person a period of 30 days, beginning with the date of the notification, to make representations to HMRC.</p></content></level></subsection></section><section eId="section-242"><num>242</num><heading>Time limits and treatment of financial penalties</heading><subsection eId="section-242-1"><num>(1)</num><content><p>An assessment of a penalty under section <ref href="#section-234">234</ref> or <ref href="#section-235">235</ref> must be made within the period of 12 months beginning with the day on which the person became liable to the penalty.</p></content></subsection><subsection eId="section-242-2"><num>(2)</num><content><p>An assessment of a penalty under section <ref href="#section-238">238</ref> must be made within the period of 12 months beginning with the day on which the contravention first came to the attention of an officer of Revenue and Customs.</p></content></subsection><subsection eId="section-242-3"><num>(3)</num><content><p>A penalty assessed under section <ref href="#section-234">234</ref>, <ref href="#section-235">235</ref> or <ref href="#section-238">238</ref> is due and payable at the end of the period of 30 days beginning with the day on which the notice of assessment of the penalty is issued.</p></content></subsection><subsection eId="section-242-4"><num>(4)</num><content><p>A penalty assessed under section <ref href="#section-234">234</ref>, <ref href="#section-235">235</ref> or <ref href="#section-238">238</ref> is, subject to subsection <ref href="#section-242-3">(3)</ref>, to be treated for all purposes as if it were tax charged in an assessment and due and payable.</p></content></subsection></section><section eId="section-243"><num>243</num><heading>Double jeopardy</heading><content><p>A person is not liable to a financial penalty under this Chapter in respect of anything in respect of which the person has been convicted of an offence.</p></content></section></hcontainer><hcontainer name="crossheading" ukl:Name="Pblock" eId="part-7-chapter-1-crossheading-reviews-and-appeals"><heading>Reviews and appeals</heading><section eId="section-244"><num>244</num><heading>Reviews and appeals</heading><content><p><ref href="#schedule-21">Schedule 21</ref> contains provision about reviews and appeals.</p></content></section></hcontainer><hcontainer name="crossheading" ukl:Name="Pblock" eId="part-7-chapter-1-crossheading-disclosure-of-information"><heading>Disclosure of information</heading><section eId="section-245"><num>245</num><heading>Disclosure of information</heading><subsection eId="section-245-1"><num>(1)</num><intro><p>HMRC may disclose information acquired under, or held in connection with, this Chapter to a person for the purpose of facilitating the exercise by the person of a function relating to the regulation or supervision of—</p></intro><level class="para1" eId="section-245-1-a"><num>(a)</num><content><p>tax advisers, or</p></content></level><level class="para1" eId="section-245-1-b"><num>(b)</num><content><p>the tax system.</p></content></level></subsection><subsection eId="section-245-2"><num>(2)</num><intro><p>A person to whom HMRC discloses information under this section—</p></intro><level class="para1" eId="section-245-2-a"><num>(a)</num><content><p>may use it only for the purpose for which it was disclosed, and</p></content></level><level class="para1" eId="section-245-2-b"><num>(b)</num><content><p>may not further disclose it without the consent of HMRC (which may be general or specific).</p></content></level></subsection><subsection eId="section-245-3"><num>(3)</num><intro><p>Where a person contravenes subsection <ref href="#section-245-2">(2)</ref><ref href="#section-245-2-b">(b)</ref> by disclosing information relating to a person whose identity—</p></intro><level class="para1" eId="section-245-3-a"><num>(a)</num><content><p>is specified in the disclosure, or</p></content></level><level class="para1" eId="section-245-3-b"><num>(b)</num><content><p>can be deduced from it,</p></content></level><wrapUp><p>section 19 of CRCA 2005 (offence of wrongful disclosure) applies in relation to the disclosure as it applies in relation to a disclosure in contravention of section 20(9) of that Act.</p></wrapUp></subsection><subsection eId="section-245-4"><num>(4)</num><content><p>Nothing in this section limits the circumstances in which information may be disclosed under section 18(2) of CRCA 2005 or under any other enactment or rule of law.</p></content></subsection></section></hcontainer><hcontainer name="crossheading" ukl:Name="Pblock" eId="part-7-chapter-1-crossheading-power-to-publish-information"><heading>Power to publish information</heading><section eId="section-246"><num>246</num><heading>Power to publish information</heading><subsection eId="section-246-1"><num>(1)</num><intro><p>An authorised officer of Revenue and Customs may publish information about a person if—</p></intro><level class="para1" eId="section-246-1-a"><num>(a)</num><content><p>the person is assessed to a financial penalty under this Chapter, or</p></content></level><level class="para1" eId="section-246-1-b"><num>(b)</num><content><p>the person is issued with a relevant ineligibility order.</p></content></level></subsection><subsection eId="section-246-2"><num>(2)</num><intro><p>The information that may be published under this section is—</p></intro><level class="para1" eId="section-246-2-a"><num>(a)</num><content><p>the person’s name, including any trading name, previous name or pseudonym;</p></content></level><level class="para1" eId="section-246-2-b"><num>(b)</num><content><p>the postcode of any address used by person;</p></content></level><level class="para1" eId="section-246-2-c"><num>(c)</num><content><p>any other information the authorised officer considers appropriate to publish in order to make clear the person's identity;</p></content></level><level class="para1" eId="section-246-2-d"><num>(d)</num><content><p>the amount of the financial penalty or (as the case may be) the type of the relevant ineligibility order issued.</p></content></level></subsection><subsection eId="section-246-3"><num>(3)</num><intro><p>Before publishing information under this section, the authorised officer must—</p></intro><level class="para1" eId="section-246-3-a"><num>(a)</num><content><p>notify the person that they are considering doing so,</p></content></level><level class="para1" eId="section-246-3-b"><num>(b)</num><content><p>allow the person a period of 30 days, beginning with the date of the notification, to make representations to HMRC, and</p></content></level><level class="para1" eId="section-246-3-c"><num>(c)</num><content><p>after considering any such representations, notify the person of the authorised officer’s decision as to whether to publish the information.</p></content></level></subsection><subsection eId="section-246-4"><num>(4)</num><content><p>Information may be published under this section in any manner that the authorised officer considers appropriate.</p></content></subsection><subsection eId="section-246-5"><num>(5)</num><content><p>No information may be published under this section before the day on which the financial penalty or relevant ineligibility order becomes final.</p></content></subsection><subsection eId="section-246-6"><num>(6)</num><content><p>No information may be published under this section for the first time after the end of the period of one year beginning with the day on which the penalty or relevant ineligibility order becomes final.</p></content></subsection><subsection eId="section-246-7"><num>(7)</num><intro><p>Where—</p></intro><level class="para1" eId="section-246-7-a"><num>(a)</num><content><p>information has been published under this section on a government website, and</p></content></level><level class="para1" eId="section-246-7-b"><num>(b)</num><content><p>the information remains accessible on the website after the end of the period of one year beginning with the day on which it was first published,</p></content></level><wrapUp><p>an authorised officer of HMRC must take steps to remove the information from the website.</p></wrapUp></subsection><subsection eId="section-246-8"><num>(8)</num><content><p>But subsection <ref href="#section-246-7">(7)</ref> does not apply in a case where the information was published under subsection <ref href="#section-246-1">(1)</ref><ref href="#section-246-1-b">(b)</ref> by virtue of the person being issued with a permanent ineligibility order under section <ref href="#section-236">236</ref> or <ref href="#section-237">237</ref> (ineligibility orders).</p></content></subsection><subsection eId="section-246-9"><num>(9)</num><intro><p><mod>For the purposes of this section a financial penalty or ineligibility order becomes <quotedText>“final”</quotedText> if—</mod></p></intro><level class="para1" eId="section-246-9-a"><num>(a)</num><content><p>the time for bringing any appeal or further appeal relating to it expires (ignoring any possibility of an appeal being brought out of time with permission), or</p></content></level><level class="para1" eId="section-246-9-b"><num>(b)</num><content><p>if later, any appeal or final appeal (other than an appeal brought out of time with permission) relating to it is finally determined.</p></content></level></subsection><subsection eId="section-246-10"><num>(10)</num><content><p>In this section “<term refersTo="#term-relevant-ineligibility-order" eId="term-relevant-ineligibility-order">relevant ineligibility order</term>” means a temporary or permanent ineligibility order issued under section <ref href="#section-236">236</ref> or <ref href="#section-237">237</ref> (ineligibility orders).</p></content></subsection></section></hcontainer><hcontainer name="crossheading" ukl:Name="Pblock" eId="part-7-chapter-1-crossheading-power-to-amend-schedule-20-exceptions"><heading>Power to amend <ref href="#schedule-20">Schedule 20</ref> (exceptions)</heading><section eId="section-247"><num>247</num><heading>Power to amend <ref href="#schedule-20">Schedule 20</ref> (exceptions)</heading><subsection eId="section-247-1"><num>(1)</num><content><p>The Treasury may by regulations made by statutory instrument amend <ref href="#schedule-20">Schedule 20</ref> (exceptions) to make provision about exceptions for the purposes of section <ref href="#section-223">223</ref><ref href="#section-223-1">(1)</ref> (prohibited interaction with HMRC).</p></content></subsection><subsection eId="section-247-2"><num>(2)</num><intro><p>Regulations under this section may in particular—</p></intro><level class="para1" eId="section-247-2-a"><num>(a)</num><content><p>add an exception, or</p></content></level><level class="para1" eId="section-247-2-b"><num>(b)</num><content><p>delete or amend an exception for the time being included in the Schedule.</p></content></level></subsection><subsection eId="section-247-3"><num>(3)</num><intro><p>Regulations under this section may—</p></intro><level class="para1" eId="section-247-3-a"><num>(a)</num><content><p>make different provision for different purposes;</p></content></level><level class="para1" eId="section-247-3-b"><num>(b)</num><content><p>make transitional or saving provision.</p></content></level></subsection><subsection eId="section-247-4"><num>(4)</num><content><p>A statutory instrument containing regulations under this section is subject to annulment in pursuance of a resolution of the House of Commons.</p></content></subsection></section></hcontainer><hcontainer name="crossheading" ukl:Name="Pblock" eId="part-7-chapter-1-crossheading-interpretation"><heading>Interpretation</heading><section eId="section-248"><num>248</num><heading>Interpretation of Chapter</heading><subsection eId="section-248-1"><num>(1)</num><intro><p>In this Chapter—</p></intro><hcontainer name="definition"><content><p>“<term refersTo="#term-authorised-officer" eId="term-authorised-officer">authorised officer</term>” means an officer of Revenue and Customs who is, or is a member of a class of officers who are, authorised by the Commissioners for the purposes of this Chapter;</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-commissioners" eId="term-commissioners">Commissioners</term>” means the Commissioners for His Majesty’s Revenue and Customs;</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-hmrc" eId="term-hmrc">HMRC</term>” means His Majesty’s Revenue and Customs;</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-organisation" eId="term-organisation">organisation</term>” means a body corporate, partnership or other organisation carrying on a business;</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-registered-tax-adviser" eId="term-registered-tax-adviser">registered tax adviser</term>” means a tax adviser who is registered under this Chapter;</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-tribunal" eId="term-tribunal">tribunal</term>” means the First-tier Tribunal or, where determined by or under the Tribunal Procedure Rules, the Upper Tribunal.</p></content></hcontainer></subsection><subsection eId="section-248-2"><num>(2)</num><content><p>A reference in this Chapter to working for an organisation includes being a director, partner or member of an organisation.</p></content></subsection></section></hcontainer><hcontainer name="crossheading" ukl:Name="Pblock" eId="part-7-chapter-1-crossheading-commencement"><heading>Commencement</heading><section eId="section-249"><num>249</num><heading>Commencement</heading><subsection eId="section-249-1"><num>(1)</num><content><p>This section comes into force on the day on which this Act is passed.</p></content></subsection><subsection eId="section-249-2"><num>(2)</num><content><p>The rest of this Chapter comes into force on such day as the Treasury may by regulations appoint.</p></content></subsection><subsection eId="section-249-3"><num>(3)</num><content><p>Different days may be appointed for different purposes.</p></content></subsection><subsection eId="section-249-4"><num>(4)</num><content><p>The Treasury may by regulations make transitional or saving provision in connection with the coming into force of any provision of this Chapter.</p></content></subsection><subsection eId="section-249-5"><num>(5)</num><content><p>The power to make regulations under subsection <ref href="#section-249-4">(4)</ref> includes power to make different provision for different purposes.</p></content></subsection><subsection eId="section-249-6"><num>(6)</num><content><p>Regulations under this section are to be made by statutory instrument.</p></content></subsection></section></hcontainer></chapter><chapter eId="part-7-chapter-2"><num>Chapter 2</num><heading>Conduct etc</heading><hcontainer name="crossheading" ukl:Name="Pblock" eId="part-7-chapter-2-crossheading-conduct-of-tax-advisers"><heading>Conduct of tax advisers</heading><section eId="section-250"><num>250</num><heading>Conduct of tax advisers</heading><subsection eId="section-250-1"><num>(1)</num><content><p><ref href="#schedule-22">Schedule 22</ref> contains provision about the conduct of tax advisers.</p></content></subsection><subsection eId="section-250-2"><num>(2)</num><content><p><ref href="#schedule-22">Schedule 22</ref> comes into force on 1 April 2026 and has effect in relation to acts or omissions on or after that date.</p></content></subsection><subsection eId="section-250-3"><num>(3)</num><content><p>The Treasury may by regulations make transitional or saving provision in connection with the coming into force of any provision of <ref href="#schedule-22">Schedule 22</ref>.</p></content></subsection><subsection eId="section-250-4"><num>(4)</num><content><p>The power to make regulations under subsection <ref href="#section-250-3">(3)</ref> includes power to make different provision for different purposes.</p></content></subsection><subsection eId="section-250-5"><num>(5)</num><content><p>Regulations under this section are to be made by statutory instrument.</p></content></subsection></section></hcontainer><hcontainer name="crossheading" ukl:Name="Pblock" eId="part-7-chapter-2-crossheading-power-to-publish-information-about-tax-advisers-etc"><heading>Power to publish information about tax advisers etc</heading><section eId="section-251"><num>251</num><heading>Power to publish information</heading><subsection eId="section-251-1"><num>(1)</num><intro><p>An authorised officer may publish information about a tax adviser if—</p></intro><level class="para1" eId="section-251-1-a"><num>(a)</num><intro><p>in consequence of the tax adviser’s behaviour or conduct, HMRC has made a decision to—</p></intro><level class="para2" eId="section-251-1-a-i"><num>(i)</num><content><p>refuse to deal with the adviser (whether temporarily or permanently), or</p></content></level><level class="para2" eId="section-251-1-a-ii"><num>(ii)</num><content><p>suspend the adviser’s access to HMRC’s online services for tax agents or tax advisers, and</p></content></level></level><level class="para1" eId="section-251-1-b"><num>(b)</num><content><p>the officer considers that publication would be in the public interest.</p></content></level></subsection><subsection eId="section-251-2"><num>(2)</num><intro><p>The information that may be published under subsection <ref href="#section-251-1">(1)</ref> is—</p></intro><level class="para1" eId="section-251-2-a"><num>(a)</num><content><p>the tax adviser’s name, including any trading name, previous name or pseudonym;</p></content></level><level class="para1" eId="section-251-2-b"><num>(b)</num><content><p>the postcode of any address used by the tax adviser;</p></content></level><level class="para1" eId="section-251-2-c"><num>(c)</num><content><p>any other information the authorised officer considers appropriate to publish in order to make clear the tax adviser's identity;</p></content></level><level class="para1" eId="section-251-2-d"><num>(d)</num><content><p>details of the decision mentioned in subsection <ref href="#section-251-1">(1)</ref><ref href="#section-251-1-a">(a)</ref> made in respect of the tax adviser, including the reasons why it was made and its effect on the tax adviser.</p></content></level></subsection><subsection eId="section-251-3"><num>(3)</num><content><p>If, in acting as a tax adviser, an individual works or worked for a person carrying on a business, subsection <ref href="#section-251-2">(2)</ref><ref href="#section-251-2-c">(c)</ref> includes power to publish such information about that person as the authorised officer considers appropriate in order to make clear the individual's identity.</p></content></subsection><subsection eId="section-251-4"><num>(4)</num><intro><p>Before publishing information under subsection <ref href="#section-251-1">(1)</ref>, the authorised officer must—</p></intro><level class="para1" eId="section-251-4-a"><num>(a)</num><content><p>notify the tax adviser and, in a case within subsection <ref href="#section-251-3">(3)</ref>, the person mentioned in that subsection that they are considering doing so,</p></content></level><level class="para1" eId="section-251-4-b"><num>(b)</num><content><p>give the tax adviser and (as the case may be) the person a period of at least 30 days, beginning with the date of the notification mentioned in paragraph <ref href="#section-251-4-a">(a)</ref>, to make representations about whether the information should be published, and</p></content></level><level class="para1" eId="section-251-4-c"><num>(c)</num><content><p>after considering any such representations, notify the adviser and (as the case may be) the person of the authorised officer’s decision as to whether to publish the information.</p></content></level></subsection><subsection eId="section-251-5"><num>(5)</num><intro><p>Subsection <ref href="#section-251-6">(6)</ref> applies if—</p></intro><level class="para1" eId="section-251-5-a"><num>(a)</num><content><p>information about a tax adviser is published under subsection <ref href="#section-251-1">(1)</ref>, and</p></content></level><level class="para1" eId="section-251-5-b"><num>(b)</num><content><p>the tax adviser is a body corporate controlled by another person.</p></content></level></subsection><subsection eId="section-251-6"><num>(6)</num><intro><p>An authorised officer may, if they consider that publication would be in the public interest, publish—</p></intro><level class="para1" eId="section-251-6-a"><num>(a)</num><content><p>the other person’s name, including any trading name, previous name or pseudonym;</p></content></level><level class="para1" eId="section-251-6-b"><num>(b)</num><content><p>the postcode of any address used by the other person;</p></content></level><level class="para1" eId="section-251-6-c"><num>(c)</num><content><p>any other information about the other person that the authorised officer considers appropriate to publish in order to make clear the other person’s identity;</p></content></level><level class="para1" eId="section-251-6-d"><num>(d)</num><content><p>details of the relationship between the tax adviser and the other person.</p></content></level></subsection><subsection eId="section-251-7"><num>(7)</num><intro><p>Before publishing information under subsection <ref href="#section-251-6">(6)</ref>, the authorised officer must—</p></intro><level class="para1" eId="section-251-7-a"><num>(a)</num><content><p>notify the tax adviser and the person that they are considering doing so,</p></content></level><level class="para1" eId="section-251-7-b"><num>(b)</num><content><p>give the tax adviser and the person a period of at least 30 days, beginning with the date of the notification mentioned in paragraph <ref href="#section-251-7-a">(a)</ref>, to make representations about whether the information should be published, and</p></content></level><level class="para1" eId="section-251-7-c"><num>(c)</num><content><p>after considering any such representations, notify the tax adviser and the person of the authorised officer’s decision as to whether to publish the information.</p></content></level></subsection><subsection eId="section-251-8"><num>(8)</num><content><p>Information may be published under this section in any manner that the authorised officer considers appropriate.</p></content></subsection></section><section eId="section-252"><num>252</num><heading>Power to publish information: change of circumstances</heading><subsection eId="section-252-1"><num>(1)</num><intro><p>Where—</p></intro><level class="para1" eId="section-252-1-a"><num>(a)</num><content><p>information has been published under section <ref href="#section-251">251</ref> or this section, and</p></content></level><level class="para1" eId="section-252-1-b"><num>(b)</num><content><p>an authorised officer considers that there has been a material change in the circumstances of the tax adviser or (as the case may be) the person mentioned in section <ref href="#section-251">251</ref><ref href="#section-251-3">(3)</ref> or <ref href="#section-251-6">(6)</ref>,</p></content></level><wrapUp><p>the authorised officer must publish such information about the change as the authorised officer considers appropriate.</p></wrapUp></subsection><subsection eId="section-252-2"><num>(2)</num><content><p>Before publishing information under this section, the authorised officer must, so far as is reasonably practicable, notify the tax adviser and (as the case may be) the person mentioned in section <ref href="#section-251">251</ref><ref href="#section-251-3">(3)</ref> or <ref href="#section-251-6">(6)</ref> of the information that is going to be published and of the expected date of publication.</p></content></subsection><subsection eId="section-252-3"><num>(3)</num><intro><p>Where—</p></intro><level class="para1" eId="section-252-3-a"><num>(a)</num><content><p>information has been published under section <ref href="#section-251">251</ref> or this section on a government website,</p></content></level><level class="para1" eId="section-252-3-b"><num>(b)</num><content><p>the information remains accessible on the website, and</p></content></level><level class="para1" eId="section-252-3-c"><num>(c)</num><content><p>any of the circumstances mentioned in subsection <ref href="#section-252-4">(4)</ref> apply,</p></content></level><wrapUp><p>an authorised officer of HMRC must take steps to remove the information from the website.</p></wrapUp></subsection><subsection eId="section-252-4"><num>(4)</num><intro><p>The circumstances are that—</p></intro><level class="para1" eId="section-252-4-a"><num>(a)</num><content><p>the decision mentioned in section <ref href="#section-251">251</ref><ref href="#section-251-1">(1)</ref><ref href="#section-251-1-a">(a)</ref> made in respect of the tax adviser in question has expired or been withdrawn by HMRC;</p></content></level><level class="para1" eId="section-252-4-b"><num>(b)</num><intro><p>an authorised officer becomes aware that the tax adviser in question—</p></intro><level class="para2" eId="section-252-4-b-i"><num>(i)</num><content><p>has ceased to be a tax adviser for a period of at least five years, or</p></content></level><level class="para2" eId="section-252-4-b-ii"><num>(ii)</num><content><p>has died;</p></content></level></level><level class="para1" eId="section-252-4-c"><num>(c)</num><content><p>an authorised officer considers that publication of the information is no longer in the public interest.</p></content></level></subsection><subsection eId="section-252-5"><num>(5)</num><content><p>Information may be published under this section in any manner that the authorised officer considers appropriate.</p></content></subsection></section><section eId="section-253"><num>253</num><heading>Power to publish information: interpretation and commencement</heading><subsection eId="section-253-1"><num>(1)</num><intro><p>In this section and sections <ref href="#section-251">251</ref> and <ref href="#section-252">252</ref>—</p></intro><hcontainer name="definition"><content><p>“<term refersTo="#term-authorised-officer" eId="term-authorised-officer">authorised officer</term>” means an officer of Revenue and Customs who is, or is a member of a class of officers who are, authorised by the Commissioners for the purposes of sections <ref href="#section-251">251</ref> and <ref href="#section-252">252</ref>;</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-commissioners" eId="term-commissioners">Commissioners</term>” means the Commissioners for His Majesty’s Revenue and Customs;</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-control" eId="term-control">control</term>” has the same meaning as in the Corporation Tax Acts (see section 1124 of CTA 2010);</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-hmrc" eId="term-hmrc">HMRC</term>” means His Majesty’s Revenue and Customs;</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-tax-adviser" eId="term-tax-adviser">tax adviser</term>” has the same meaning as in Schedule 38 to FA 2012 (see paragraph 2 of that Schedule).</p></content></hcontainer></subsection><subsection eId="section-253-2"><num>(2)</num><content><p>Sections <ref href="#section-251">251</ref> and <ref href="#section-252">252</ref> come into force on 1 April 2026.</p></content></subsection></section></hcontainer></chapter></part>
<chapter xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="part-7-chapter-1"><num>Chapter 1</num><heading>Registration</heading><hcontainer name="crossheading" ukl:Name="Pblock" eId="part-7-chapter-1-crossheading-prohibition-against-unregistered-tax-advisers-interacting-with-hmrc"><heading>Prohibition against unregistered tax advisers interacting with HMRC</heading><section eId="section-223"><num>223</num><heading>Prohibition against unregistered tax advisers interacting with HMRC</heading><subsection eId="section-223-1"><num>(1)</num><intro><p>A tax adviser may not interact with HMRC in relation to the tax affairs of a client unless—</p></intro><level class="para1" eId="section-223-1-a"><num>(a)</num><content><p>the adviser is registered under this Chapter, or</p></content></level><level class="para1" eId="section-223-1-b"><num>(b)</num><content><p>an exception in <ref href="#schedule-20">Schedule 20</ref> (exceptions) applies.</p></content></level></subsection><subsection eId="section-223-2"><num>(2)</num><intro><p>A person interacts with HMRC if the person does or attempts to do any of the following—</p></intro><level class="para1" eId="section-223-2-a"><num>(a)</num><content><p>contact HMRC by telephone, post or email;</p></content></level><level class="para1" eId="section-223-2-b"><num>(b)</num><content><p>send a message to HMRC through a website or internet portal;</p></content></level><level class="para1" eId="section-223-2-c"><num>(c)</num><content><p>file a return, claim, notice or other document with HMRC (whether electronically or otherwise);</p></content></level><level class="para1" eId="section-223-2-d"><num>(d)</num><content><p>communicate with HMRC in any other way.</p></content></level></subsection><subsection eId="section-223-3"><num>(3)</num><content><p>Subsection <ref href="#section-223-1">(1)</ref> applies even if the tax adviser or the client (or both) are outside the United Kingdom.</p></content></subsection><subsection eId="section-223-4"><num>(4)</num><intro><p>Where an individual—</p></intro><level class="para1" eId="section-223-4-a"><num>(a)</num><content><p>works for a tax adviser, and</p></content></level><level class="para1" eId="section-223-4-b"><num>(b)</num><content><p>interacts with HMRC in the course of a business carried on by that tax adviser,</p></content></level><wrapUp><p>the interaction is to be regarded as being carried out by that tax adviser.</p></wrapUp></subsection></section><section eId="section-224"><num>224</num><heading>Meaning of “tax adviser” and “client”</heading><subsection eId="section-224-1"><num>(1)</num><intro><p>In this Chapter “<term refersTo="#term-tax-adviser" eId="term-tax-adviser">tax adviser</term>” means—</p></intro><level class="para1" eId="section-224-1-a"><num>(a)</num><content><p>an organisation that, in the course of a business carried on by it, assists other persons with their tax affairs, or</p></content></level><level class="para1" eId="section-224-1-b"><num>(b)</num><content><p>an individual who, in the course of a business carried on by the individual as a sole trader, assists other persons with their tax affairs.</p></content></level></subsection><subsection eId="section-224-2"><num>(2)</num><intro><p>An organisation or individual assists another person with their tax affairs if the organisation or individual does any of the following—</p></intro><level class="para1" eId="section-224-2-a"><num>(a)</num><content><p>advises the other person in relation to tax;</p></content></level><level class="para1" eId="section-224-2-b"><num>(b)</num><content><p>acts or purports to act as an agent on behalf of the other person in relation to tax;</p></content></level><level class="para1" eId="section-224-2-c"><num>(c)</num><content><p>provides assistance with any document that is likely to be relied on by HMRC to determine the other person’s tax position.</p></content></level></subsection><subsection eId="section-224-3"><num>(3)</num><content><p>A person can be a tax adviser even if they are appointed indirectly (for example, at the request of someone other than their client).</p></content></subsection><subsection eId="section-224-4"><num>(4)</num><content><p>In this Chapter “<term refersTo="#term-client" eId="term-client">client</term>”, in relation to a tax adviser, means a person who the adviser, in the course of a business carried on by the adviser, assists with their tax affairs.</p></content></subsection></section></hcontainer><hcontainer name="crossheading" ukl:Name="Pblock" eId="part-7-chapter-1-crossheading-application-process"><heading>Application process</heading><section eId="section-225"><num>225</num><heading>Application for registration</heading><subsection eId="section-225-1"><num>(1)</num><content><p>A tax adviser may apply to HMRC to be registered under this Chapter.</p></content></subsection><subsection eId="section-225-2"><num>(2)</num><content><p>An application must be made in the form and manner specified in a notice published by HMRC.</p></content></subsection><subsection eId="section-225-3"><num>(3)</num><intro><p>An application must contain the following—</p></intro><level class="para1" eId="section-225-3-a"><num>(a)</num><content><p>the name and address of the tax adviser;</p></content></level><level class="para1" eId="section-225-3-b"><num>(b)</num><content><p>if the tax adviser is an organisation, the name of each of the tax adviser’s relevant individuals (see section <ref href="#section-226">226</ref> (meaning of “relevant individual” etc));</p></content></level><level class="para1" eId="section-225-3-c"><num>(c)</num><intro><p>a statement—</p></intro><level class="para2" eId="section-225-3-c-i"><num>(i)</num><content><p>that the tax adviser meets the registration conditions (see section <ref href="#section-227">227</ref> (registration conditions)), or</p></content></level><level class="para2" eId="section-225-3-c-ii"><num>(ii)</num><content><p>explaining why those conditions are not met;</p></content></level></level><level class="para1" eId="section-225-3-d"><num>(d)</num><content><p>any other information or evidence relating to the tax adviser or the registration conditions that may be specified in a notice published by HMRC.</p></content></level></subsection><subsection eId="section-225-4"><num>(4)</num><content><p>A notice under subsection <ref href="#section-225-3">(3)</ref><ref href="#section-225-3-d">(d)</ref> may, in particular, specify different types of information or evidence for different descriptions of tax advisers (for example, for tax advisers who are established in, or who otherwise have a connection with, a territory outside the United Kingdom).</p></content></subsection></section><section eId="section-226"><num>226</num><heading>Meaning of “relevant individual” and “officer”</heading><subsection eId="section-226-1"><num>(1)</num><intro><p>For the purposes of this Chapter “<term refersTo="#term-relevant-individual" eId="term-relevant-individual">relevant individual</term>”, in relation to a tax adviser that is an organisation with fewer than six officers, means—</p></intro><level class="para1" eId="section-226-1-a"><num>(a)</num><intro><p>each individual who works for the tax adviser and who plays a significant role in—</p></intro><level class="para2" eId="section-226-1-a-i"><num>(i)</num><content><p>the making of decisions about how the whole or a substantial part of the tax adviser activities of the organisation are to be managed or organised, or</p></content></level><level class="para2" eId="section-226-1-a-ii"><num>(ii)</num><content><p>the actual managing or organising of the whole or a substantial part of those activities, and</p></content></level></level><level class="para1" eId="section-226-1-b"><num>(b)</num><content><p>each officer of the tax adviser who is not within paragraph (a).</p></content></level></subsection><subsection eId="section-226-2"><num>(2)</num><intro><p>For the purposes of this Chapter “<term refersTo="#term-relevant-individual" eId="term-relevant-individual">relevant individual</term>”, in relation to a tax adviser that is an organisation with six or more officers, means—</p></intro><level class="para1" eId="section-226-2-a"><num>(a)</num><intro><p>each individual who works for the tax adviser and who plays a significant role in—</p></intro><level class="para2" eId="section-226-2-a-i"><num>(i)</num><content><p>the making of decisions about how the whole or a substantial part of the tax adviser activities of the organisation are to be managed or organised, or</p></content></level><level class="para2" eId="section-226-2-a-ii"><num>(ii)</num><content><p>the actual managing or organising of the whole or a substantial part of those activities, and</p></content></level></level><level class="para1" eId="section-226-2-b"><num>(b)</num><content><p>if the organisation has fewer than five officers within paragraph <ref href="#section-226-2-a">(a)</ref>, each officer of the tax adviser nominated by the adviser to be a relevant individual (see section <ref href="#section-227">227</ref><ref href="#section-227-4">(4)</ref> (registration conditions)).</p></content></level></subsection><subsection eId="section-226-3"><num>(3)</num><intro><p>In this Chapter “<term refersTo="#term-officer" eId="term-officer">officer</term>” means—</p></intro><level class="para1" eId="section-226-3-a"><num>(a)</num><content><p>in relation to a company, a director;</p></content></level><level class="para1" eId="section-226-3-b"><num>(b)</num><content><p>in relation to a body corporate whose affairs are managed by its members, a member who exercises functions of management with respect to it;</p></content></level><level class="para1" eId="section-226-3-c"><num>(c)</num><content><p>in relation to a body corporate not within paragraph <ref href="#section-226-3-a">(a)</ref> or <ref href="#section-226-3-b">(b)</ref>, an officer of the body whose functions correspond to those of a director of a company;</p></content></level><level class="para1" eId="section-226-3-d"><num>(d)</num><content><p>in relation to a partnership, a partner;</p></content></level><level class="para1" eId="section-226-3-e"><num>(e)</num><content><p>in relation to any other organisation, a person who exercises functions of management with respect to it.</p></content></level></subsection></section><section eId="section-227"><num>227</num><heading>Registration conditions</heading><subsection eId="section-227-1"><num>(1)</num><content><p>A reference in this Chapter to the registration conditions is to the following three conditions.</p></content></subsection><subsection eId="section-227-2"><num>(2)</num><intro><p>The first registration condition is that the tax adviser and, if the adviser is an organisation, each of the adviser’s relevant individuals—</p></intro><level class="para1" eId="section-227-2-a"><num>(a)</num><content><p>does not have a relevant amount overdue or a relevant return outstanding,</p></content></level><level class="para1" eId="section-227-2-b"><num>(b)</num><content><p>is not subject to a decision by HMRC to refuse to deal with them,</p></content></level><level class="para1" eId="section-227-2-c"><num>(c)</num><content><p>is not subject to a relevant anti-avoidance measure,</p></content></level><level class="para1" eId="section-227-2-d"><num>(d)</num><content><p>has not, in the previous 12 months, had a relevant anti-avoidance penalty imposed on them,</p></content></level><level class="para1" eId="section-227-2-e"><num>(e)</num><content><p>is not subject to a relevant suspension or a relevant ineligibility order,</p></content></level><level class="para1" eId="section-227-2-f"><num>(f)</num><content><p>is not disqualified under the directors disqualification legislation or subject to a similar disqualification in a territory outside the United Kingdom,</p></content></level><level class="para1" eId="section-227-2-g"><num>(g)</num><content><p>does not have an insolvency practitioner acting in relation to them, and</p></content></level><level class="para1" eId="section-227-2-h"><num>(h)</num><content><p>does not have an unspent conviction for a relevant offence (see section <ref href="#section-229">229</ref> (offences)).</p></content></level></subsection><subsection eId="section-227-3"><num>(3)</num><intro><p>The second registration condition is that the adviser—</p></intro><level class="para1" eId="section-227-3-a"><num>(a)</num><content><p>is registered with a supervisory authority for the purposes of anti-money laundering supervision, or</p></content></level><level class="para1" eId="section-227-3-b"><num>(b)</num><content><p>meets such conditions about applying to register with a supervisory authority for those purposes as may be specified in a notice published by HMRC.</p></content></level></subsection><subsection eId="section-227-4"><num>(4)</num><content><p>The third registration condition is that, if the adviser is an organisation within section <ref href="#section-226">226</ref><ref href="#section-226-2">(2)</ref><ref href="#section-226-2-b">(b)</ref> (organisations with six or more officers etc), the adviser has nominated as many officers to be relevant individuals as are necessary to ensure that the adviser has at least five relevant individuals who are officers.</p></content></subsection></section><section eId="section-228"><num>228</num><heading>Registration conditions: interpretation</heading><subsection eId="section-228-1"><num>(1)</num><intro><p>In section <ref href="#section-227">227</ref> and this section, “relevant amount”, other than in relation to a person within subsection <ref href="#section-228-2">(2)</ref>, means an amount of—</p></intro><level class="para1" eId="section-228-1-a"><num>(a)</num><content><p>tax payable to HMRC;</p></content></level><level class="para1" eId="section-228-1-b"><num>(b)</num><content><p>national insurance contributions;</p></content></level><level class="para1" eId="section-228-1-c"><num>(c)</num><content><p>devolved tax corresponding to a tax payable to HMRC or to national insurance contributions;</p></content></level><level class="para1" eId="section-228-1-d"><num>(d)</num><content><p>a civil penalty relating to a tax mentioned in paragraph <ref href="#section-228-1-a">(a)</ref> or <ref href="#section-228-1-c">(c)</ref> or to national insurance contributions;</p></content></level><level class="para1" eId="section-228-1-e"><num>(e)</num><content><p>a civil penalty (not within paragraph (d)) relating to an obligation contained in a provision made by or under any enactment relating to tax;</p></content></level><level class="para1" eId="section-228-1-f"><num>(f)</num><content><p>interest on an amount within paragraphs <ref href="#section-228-1-a">(a)</ref> to <ref href="#section-228-1-e">(e)</ref>.</p></content></level></subsection><subsection eId="section-228-2"><num>(2)</num><intro><p>A person is within this subsection if, in the previous 12 months, the person—</p></intro><level class="para1" eId="section-228-2-a"><num>(a)</num><content><p>was not liable to pay an amount within subsection <ref href="#section-228-1">(1)</ref><ref href="#section-228-1-a">(a)</ref> to <ref href="#section-228-1-f">(f)</ref>, and</p></content></level><level class="para1" eId="section-228-2-b"><num>(b)</num><content><p>was liable to pay an amount corresponding to an amount within subsection <ref href="#section-228-1">(1)</ref><ref href="#section-228-1-a">(a)</ref> to <ref href="#section-228-1-f">(f)</ref> under the law of a territory outside the United Kingdom.</p></content></level></subsection><subsection eId="section-228-3"><num>(3)</num><intro><p>In relation to a person within subsection <ref href="#section-228-2">(2)</ref>, “<term refersTo="#term-relevant-amount" eId="term-relevant-amount">relevant amount</term>” means an amount corresponding to an amount within subsection <ref href="#section-228-1">(1)</ref><ref href="#section-228-1-a">(a)</ref> to <ref href="#section-228-1-f">(f)</ref> that the person is liable to pay—</p></intro><level class="para1" eId="section-228-3-a"><num>(a)</num><content><p>under the law of the territory mentioned in subsection <ref href="#section-228-2">(2)</ref><ref href="#section-228-2-b">(b)</ref>, or</p></content></level><level class="para1" eId="section-228-3-b"><num>(b)</num><content><p>if the person was, during the 12-month period, liable to pay such an amount under the law of more than one territory outside the United Kingdom, under whichever of those territories the person earned the most income in relation to tax adviser activities during the 12-month period.</p></content></level></subsection><subsection eId="section-228-4"><num>(4)</num><intro><p>For the purposes of section <ref href="#section-227">227</ref><ref href="#section-227-2">(2)</ref><ref href="#section-227-2-a">(a)</ref>—</p></intro><level class="para1" eId="section-228-4-a"><num>(a)</num><content><p>a relevant amount is overdue if the amount has become due and payable but the amount has not been paid;</p></content></level><level class="para1" eId="section-228-4-b"><num>(b)</num><content><p>a relevant return is outstanding if the return is required to have been made or delivered but it has not been made or delivered.</p></content></level></subsection><subsection eId="section-228-5"><num>(5)</num><content><p>But a relevant amount is not overdue if it is subject to a time to pay agreement that has not been broken.</p></content></subsection><subsection eId="section-228-6"><num>(6)</num><intro><p>For the purposes of section <ref href="#section-227">227</ref><ref href="#section-227-2">(2)</ref><ref href="#section-227-2-c">(c)</ref>, a person is subject to a “relevant anti-avoidance measure” if—</p></intro><level class="para1" eId="section-228-6-a"><num>(a)</num><content><p>the person is subject to a stop notice given under section 236A of FA 2014 (power to give stop notices);</p></content></level><level class="para1" eId="section-228-6-b"><num>(b)</num><content><p>the person is subject to a monitoring notice given under section 244 of FA 2014 (monitoring notices: content and issuing);</p></content></level><level class="para1" eId="section-228-6-c"><num>(c)</num><content><p>information about the person has been published under paragraph 46 of Schedule 16 of F(No.2)A 2017 (penalties for enablers of defeated tax avoidance) and the information has not been withdrawn;</p></content></level><level class="para1" eId="section-228-6-d"><num>(d)</num><content><p>information identifying or about the person has been published under section 86(1) of FA 2022 (publication by HMRC of information about tax avoidance schemes) and the information has not been withdrawn.</p></content></level></subsection><subsection eId="section-228-7"><num>(7)</num><intro><p>In section <ref href="#section-227">227</ref> and this section “<term refersTo="#term-relevant-anti-avoidance-penalty" eId="term-relevant-anti-avoidance-penalty">relevant anti-avoidance penalty</term>” means a penalty under any of the following—</p></intro><level class="para1" eId="section-228-7-a"><num>(a)</num><content><p>paragraph 2(1) of Schedule 35 to FA 2014 in respect of a failure to comply with section 236B(1) of that Act (stop notices);</p></content></level><level class="para1" eId="section-228-7-b"><num>(b)</num><content><p>paragraph 1 of Schedule 16 to F(No.2)A 2017 (penalties for enablers of defeated tax avoidance);</p></content></level><level class="para1" eId="section-228-7-c"><num>(c)</num><content><p>section <ref href="#section-162">162</ref> (ban on promotion of certain tax arrangements).</p></content></level></subsection><subsection eId="section-228-8"><num>(8)</num><content><p>For the purposes of section <ref href="#section-227">227</ref><ref href="#section-227-2">(2)</ref><ref href="#section-227-2-d">(d)</ref>, if a relevant anti-avoidance penalty is imposed on a person and the penalty is at any time subsequently set aside or otherwise cancelled, the penalty is to be treated from that time as if it was not imposed on the person.</p></content></subsection><subsection eId="section-228-9"><num>(9)</num><content><p>For the purposes of section <ref href="#section-227">227</ref><ref href="#section-227-2">(2)</ref><ref href="#section-227-2-e">(e)</ref>, a person is subject to a relevant suspension if the person’s registration under this Chapter is suspended under section <ref href="#section-232">232</ref> (suspension of registration).</p></content></subsection><subsection eId="section-228-10"><num>(10)</num><intro><p>In section <ref href="#section-227">227</ref> and this section—</p></intro><hcontainer name="definition"><content><p>“<term refersTo="#term-devolved-tax" eId="term-devolved-tax">devolved tax</term>” means a devolved tax within the meaning of the Scotland Act 1998 (see section 80A of that Act) or the Government of Wales Act 2006 (see section 116A of that Act);</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-disqualified-under-the-directors-disqualification-legislation" eId="term-disqualified-under-the-directors-disqualification-legislation">disqualified under the directors disqualification legislation</term>” has the same meaning as in the Companies Act 2006 (see section 159A of that Act);</p></content></hcontainer><hcontainer name="definition"><intro><p>“<term refersTo="#term-insolvency-practitioner" eId="term-insolvency-practitioner">insolvency practitioner</term>” means—</p></intro><level class="para1"><num>(a)</num><content><p>a person who acts as an insolvency practitioner within the meaning of section 388 of the Insolvency Act 1986 or article 3 of the Insolvency (Northern Ireland) Order 1989, or</p></content></level><level class="para1"><num>(b)</num><content><p>a person in a territory outside the United Kingdom who exercises functions similar to those of a person mentioned in paragraph (a);</p></content></level></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-relevant-ineligibility-order" eId="term-relevant-ineligibility-order">relevant ineligibility order</term>” means a temporary or permanent ineligibility order issued under section <ref href="#section-236">236</ref> or <ref href="#section-237">237</ref> (ineligibility orders);</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-relevant-return" eId="term-relevant-return">relevant return</term>” means a return relating to a relevant amount;</p></content></hcontainer><hcontainer name="definition"><intro><p>“<term refersTo="#term-supervisory-authority" eId="term-supervisory-authority">supervisory authority</term>” means—</p></intro><level class="para1"><num>(a)</num><content><p>a supervisory authority within the meaning given by regulation 3(1) of the Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017 (<ref eId="c00375" href="http://www.legislation.gov.uk/id/uksi/2017/692">S.I. 2017/692</ref>), or</p></content></level><level class="para1"><num>(b)</num><content><p>an authority in a territory outside the United Kingdom which exercises functions similar to those of an authority mentioned in paragraph (a);</p></content></level></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-time-to-pay-agreement" eId="term-time-to-pay-agreement">time to pay agreement</term>” means an agreement between HMRC and a person that payment of an amount may, subject to the person complying with any conditions determined by HMRC, be deferred for a period.</p></content></hcontainer></subsection></section><section eId="section-229"><num>229</num><heading>Registration conditions: offences</heading><subsection eId="section-229-1"><num>(1)</num><intro><p>The reference in section <ref href="#section-227">227</ref><ref href="#section-227-2">(2)</ref><ref href="#section-227-2-h">(h)</ref> to a relevant offence is to any of the following offences—</p></intro><level class="para1" eId="section-229-1-a"><num>(a)</num><content><p>an offence under section 20BB of TMA 1970 (falsification of documents);</p></content></level><level class="para1" eId="section-229-1-b"><num>(b)</num><content><p>an offence under CEMA 1979;</p></content></level><level class="para1" eId="section-229-1-c"><num>(c)</num><content><p>an offence under section 112 (false representations for obtaining benefit) or section 114 (offences relating to contributions) of the Social Security Administration Act 1992;</p></content></level><level class="para1" eId="section-229-1-d"><num>(d)</num><content><p>an offence under VATA 1994;</p></content></level><level class="para1" eId="section-229-1-e"><num>(e)</num><content><p>an offence under section 35 of the Tax Credits Act 2002 (offence of fraud);</p></content></level><level class="para1" eId="section-229-1-f"><num>(f)</num><content><p>an offence under CRCA 2005;</p></content></level><level class="para1" eId="section-229-1-g"><num>(g)</num><content><p>an offence under section 45 or 46 of the Criminal Finances Act 2017 (failure to prevent facilitation of tax evasion offences);</p></content></level><level class="para1" eId="section-229-1-h"><num>(h)</num><content><p>an offence at common law of cheating the public revenue;</p></content></level><level class="para1" eId="section-229-1-i"><num>(i)</num><content><p>an offence under the law of any part of the United Kingdom consisting of being knowingly concerned in, or in taking steps with a view to, the fraudulent evasion of tax;</p></content></level><level class="para1" eId="section-229-1-j"><num>(j)</num><content><p>an offence of aiding, abetting, counselling or procuring the commission of an offence mentioned in paragraphs <ref href="#section-229-1-a">(a)</ref> to <ref href="#section-229-1-i">(i)</ref>;</p></content></level><level class="para1" eId="section-229-1-k"><num>(k)</num><content><p>an offence under the law of a territory outside the United Kingdom which would be an offence otherwise referred to in this section if the conduct constituting that offence was carried out in any part of the United Kingdom.</p></content></level></subsection><subsection eId="section-229-2"><num>(2)</num><content><p>For the purposes of subsection <ref href="#section-229-1">(1)</ref><ref href="#section-229-1-k">(k)</ref>, an act punishable under the law of a territory outside the United Kingdom constitutes an offence under that law, however it is described in that law.</p></content></subsection></section><section eId="section-230"><num>230</num><heading>Registration of tax advisers etc</heading><subsection eId="section-230-1"><num>(1)</num><intro><p>Where a tax adviser applies to be registered under this Chapter in accordance with section <ref href="#section-225">225</ref> (application for registration), an officer of Revenue and Customs must—</p></intro><level class="para1" eId="section-230-1-a"><num>(a)</num><content><p>decide whether to approve the application;</p></content></level><level class="para1" eId="section-230-1-b"><num>(b)</num><intro><p>notify the tax adviser of the decision and—</p></intro><level class="para2" eId="section-230-1-b-i"><num>(i)</num><content><p>where the application is approved, of the date from which the registration has effect, and</p></content></level><level class="para2" eId="section-230-1-b-ii"><num>(ii)</num><content><p>where the application is not approved, of the reasons for the decision.</p></content></level></level></subsection><subsection eId="section-230-2"><num>(2)</num><content><p>The officer must approve the application if satisfied that the tax adviser meets the registration conditions.</p></content></subsection><subsection eId="section-230-3"><num>(3)</num><intro><p>The officer may otherwise approve the application only if—</p></intro><level class="para1" eId="section-230-3-a"><num>(a)</num><content><p>the tax adviser fails to meet the registration conditions solely by virtue of the adviser, or a relevant individual of the adviser, not meeting the condition in section <ref href="#section-227">227</ref><ref href="#section-227-2">(2)</ref><ref href="#section-227-2-a">(a)</ref> (amount of tax etc overdue), and</p></content></level><level class="para1" eId="section-230-3-b"><num>(b)</num><content><p>having regard to the relevant amount that is overdue or (as the case may be) the circumstances of the outstanding relevant return, the officer considers it appropriate to approve the application.</p></content></level><wrapUp><p>In this subsection “<term refersTo="#term-relevant-amount" eId="term-relevant-amount">relevant amount</term>” and “<term refersTo="#term-relevant-return" eId="term-relevant-return">relevant return</term>” have the same meaning as in section <ref href="#section-227">227</ref> (registration conditions).</p></wrapUp></subsection><subsection eId="section-230-4"><num>(4)</num><intro><p>An officer of Revenue and Customs may cancel the registration of a registered tax adviser if—</p></intro><level class="para1" eId="section-230-4-a"><num>(a)</num><content><p>the adviser requests the cancellation, or</p></content></level><level class="para1" eId="section-230-4-b"><num>(b)</num><content><p>the tax adviser has been wound up or dissolved or has died.</p></content></level></subsection></section></hcontainer><hcontainer name="crossheading" ukl:Name="Pblock" eId="part-7-chapter-1-crossheading-monitoring-of-registration-conditions-and-suspension-of-registration"><heading>Monitoring of registration conditions and suspension of registration</heading><section eId="section-231"><num>231</num><heading>Monitoring of registration conditions</heading><content><p>An officer of Revenue and Customs may by notice require a registered tax adviser to provide such information or evidence as the officer reasonably requires for the purpose of monitoring whether the tax adviser meets the registration conditions.</p></content></section><section eId="section-232"><num>232</num><heading>Suspension of registration</heading><subsection eId="section-232-1"><num>(1)</num><content><p>An authorised officer of Revenue and Customs may, by notice, suspend the registration of a registered tax adviser if the officer is not satisfied that the adviser meets the registration conditions.</p></content></subsection><subsection eId="section-232-2"><num>(2)</num><content><p>An authorised officer of Revenue and Customs may, by notice, suspend the registration of a registered tax adviser for a period of up to 12 months if the officer considers that the adviser has, in the course of interacting with HMRC, behaved in a manner which falls below the standards that might reasonably be expected of a tax adviser in their interactions with HMRC.</p></content></subsection><subsection eId="section-232-3"><num>(3)</num><content><p>In considering whether a tax adviser has behaved as described in subsection <ref href="#section-232-2">(2)</ref>, the officer may in particular have regard to any provisions of a relevant HMRC standard that relate to interactions between tax advisers and HMRC.</p><p>In this subsection “<term refersTo="#term-relevant-hmrc-standard" eId="term-relevant-hmrc-standard">relevant HMRC standard</term>” means a standard published by HMRC that is specified for the purposes of this section in a notice published by HMRC.</p></content></subsection><subsection eId="section-232-4"><num>(4)</num><intro><p>Before suspending the registration of a registered tax adviser under this section, the officer must—</p></intro><level class="para1" eId="section-232-4-a"><num>(a)</num><content><p>notify the adviser of the fact that the officer considers subsection <ref href="#section-232-1">(1)</ref> or <ref href="#section-232-2">(2)</ref> to apply, and</p></content></level><level class="para1" eId="section-232-4-b"><num>(b)</num><intro><p>allow the adviser a period of—</p></intro><level class="para2" eId="section-232-4-b-i"><num>(i)</num><content><p>30 days, or</p></content></level><level class="para2" eId="section-232-4-b-ii"><num>(ii)</num><content><p>if subsection <ref href="#section-232-5">(5)</ref> applies, 60 days,</p></content></level><wrapUp><p>beginning with the date of the notification, to take action to meet the conditions or to make representations to HMRC.</p></wrapUp></level></subsection><subsection eId="section-232-5"><num>(5)</num><intro><p>This subsection applies where—</p></intro><level class="para1" eId="section-232-5-a"><num>(a)</num><content><p>the tax adviser is an individual and the officer considers subsection <ref href="#section-232-1">(1)</ref> to apply solely by virtue of the adviser not meeting the condition in section <ref href="#section-227">227</ref><ref href="#section-227-2">(2)</ref><ref href="#section-227-2-a">(a)</ref> (amount of tax etc overdue), or</p></content></level><level class="para1" eId="section-232-5-b"><num>(b)</num><content><p>the tax adviser is an organisation and the officer considers subsection <ref href="#section-232-1">(1)</ref> to apply solely by virtue of a relevant individual of the adviser not meeting the condition in section <ref href="#section-227">227</ref><ref href="#section-227-2">(2)</ref><ref href="#section-227-2-a">(a)</ref> (amount of tax etc overdue).</p></content></level></subsection><subsection eId="section-232-6"><num>(6)</num><intro><p>A notice suspending the registration of a registered tax adviser under this section must state the following—</p></intro><level class="para1" eId="section-232-6-a"><num>(a)</num><content><p>the date on which it is issued;</p></content></level><level class="para1" eId="section-232-6-b"><num>(b)</num><content><p>the date on which the suspension has effect, which must not be before the end of the period of 30 days beginning with the date mentioned in paragraph <ref href="#section-232-6-a">(a)</ref>;</p></content></level><level class="para1" eId="section-232-6-c"><num>(c)</num><content><p>in a case within subsection <ref href="#section-232-2">(2)</ref>, the period of the suspension;</p></content></level><level class="para1" eId="section-232-6-d"><num>(d)</num><intro><p>details of—</p></intro><level class="para2" eId="section-232-6-d-i"><num>(i)</num><content><p>in a case within subsection <ref href="#section-232-1">(1)</ref>, which of the registration conditions the officer is not satisfied that the adviser meets;</p></content></level><level class="para2" eId="section-232-6-d-ii"><num>(ii)</num><content><p>in a case within subsection <ref href="#section-232-2">(2)</ref>, the behaviour mentioned in that subsection;</p></content></level></level><level class="para1" eId="section-232-6-e"><num>(e)</num><content><p>the period within which an appeal against the decision to suspend the registration of the adviser may be made.</p></content></level></subsection><subsection eId="section-232-7"><num>(7)</num><content><p>An authorised officer of Revenue and Customs must, by notice, lift a suspension imposed under subsection <ref href="#section-232-1">(1)</ref> if satisfied that the adviser meets the registration conditions.</p></content></subsection></section></hcontainer><hcontainer name="crossheading" ukl:Name="Pblock" eId="part-7-chapter-1-crossheading-compliance-notice"><heading>Compliance notice</heading><section eId="section-233"><num>233</num><heading>Compliance notice</heading><subsection eId="section-233-1"><num>(1)</num><content><p>Where a tax adviser contravenes section <ref href="#section-223">223</ref><ref href="#section-223-1">(1)</ref> (prohibited interaction with HMRC), an authorised officer of Revenue and Customs may give a notice (a “<term refersTo="#term-compliance-notice" eId="term-compliance-notice">compliance notice</term>”) to the adviser.</p><p>For provision about the effect of a compliance notice, see sections <ref href="#section-234">234</ref><ref href="#section-234-1">(1)</ref><ref href="#section-234-1-a">(a)</ref> and <ref href="#section-235">235</ref><ref href="#section-235-1">(1)</ref><ref href="#section-235-1-a">(a)</ref> (financial penalties for prohibited interaction with HMRC).</p></content></subsection><subsection eId="section-233-2"><num>(2)</num><intro><p>A compliance notice must state the following—</p></intro><level class="para1" eId="section-233-2-a"><num>(a)</num><content><p>the date on which it is issued;</p></content></level><level class="para1" eId="section-233-2-b"><num>(b)</num><content><p>the contravention to which the notice relates;</p></content></level><level class="para1" eId="section-233-2-c"><num>(c)</num><content><p>the period within which an appeal against the notice may be made.</p></content></level></subsection><subsection eId="section-233-3"><num>(3)</num><content><p>An authorised officer of Revenue and Customs may withdraw a compliance notice at any time; and if they do so, they must notify the tax adviser.</p></content></subsection><subsection eId="section-233-4"><num>(4)</num><content><p>A compliance notice is to be treated as withdrawn if subsection <ref href="#section-233-5">(5)</ref> or <ref href="#section-233-6">(6)</ref> applies.</p></content></subsection><subsection eId="section-233-5"><num>(5)</num><intro><p>This subsection applies if—</p></intro><level class="para1" eId="section-233-5-a"><num>(a)</num><content><p>the tax adviser was not registered under this Chapter at the time of the contravention mentioned in subsection <ref href="#section-233-1">(1)</ref>, and</p></content></level><level class="para1" eId="section-233-5-b"><num>(b)</num><content><p>the tax adviser subsequently registers under this Chapter.</p></content></level></subsection><subsection eId="section-233-6"><num>(6)</num><intro><p>This subsection applies if—</p></intro><level class="para1" eId="section-233-6-a"><num>(a)</num><content><p>the tax adviser’s registration was suspended under section <ref href="#section-232">232</ref> (suspension of registration) at the time of the contravention mentioned in subsection <ref href="#section-233-1">(1)</ref>, and</p></content></level><level class="para1" eId="section-233-6-b"><num>(b)</num><content><p>the suspension is subsequently lifted under section <ref href="#section-232">232</ref><ref href="#section-232-7">(7)</ref> or expires.</p></content></level></subsection><subsection eId="section-233-7"><num>(7)</num><intro><p>Before giving a compliance notice under this section, the authorised officer must—</p></intro><level class="para1" eId="section-233-7-a"><num>(a)</num><content><p>notify the adviser of the fact that the officer considers subsection <ref href="#section-233-1">(1)</ref> to apply, and</p></content></level><level class="para1" eId="section-233-7-b"><num>(b)</num><content><p>allow the adviser a period of 30 days, beginning with the date of the notification, to make representations to HMRC.</p></content></level></subsection></section></hcontainer><hcontainer name="crossheading" ukl:Name="Pblock" eId="part-7-chapter-1-crossheading-financial-penalties"><heading>Financial penalties</heading><section eId="section-234"><num>234</num><heading>Financial penalties for prohibited interaction with HMRC</heading><subsection eId="section-234-1"><num>(1)</num><intro><p>This section applies where—</p></intro><level class="para1" eId="section-234-1-a"><num>(a)</num><content><p>a tax adviser has been given a compliance notice under section <ref href="#section-233">233</ref> that has not been withdrawn,</p></content></level><level class="para1" eId="section-234-1-b"><num>(b)</num><content><p>the tax adviser subsequently contravenes section <ref href="#section-223">223</ref><ref href="#section-223-1">(1)</ref> (prohibited interaction with HMRC), and</p></content></level><level class="para1" eId="section-234-1-c"><num>(c)</num><content><p>if the tax adviser is an organisation, an authorised officer of Revenue and Customs does not consider that the contravention is attributable to a relevant individual of the tax adviser (see section <ref href="#section-235">235</ref> (liability of relevant individuals)).</p></content></level></subsection><subsection eId="section-234-2"><num>(2)</num><intro><p>The tax adviser is liable in respect of the contravention to a penalty of—</p></intro><level class="para1" eId="section-234-2-a"><num>(a)</num><content><p>£5,000, or</p></content></level><level class="para1" eId="section-234-2-b"><num>(b)</num><content><p>if subsection <ref href="#section-234-3">(3)</ref> or <ref href="#section-234-4">(4)</ref> applies, £10,000.</p></content></level></subsection><subsection eId="section-234-3"><num>(3)</num><intro><p>This subsection applies if—</p></intro><level class="para1" eId="section-234-3-a"><num>(a)</num><content><p>in the period of two years ending with the date of the contravention, the tax adviser has been assessed to a penalty under this section or section <ref href="#section-235">235</ref> on four or more occasions, and</p></content></level><level class="para1" eId="section-234-3-b"><num>(b)</num><content><p>subsection <ref href="#section-235-4">(4)</ref> does not apply.</p></content></level></subsection><subsection eId="section-234-4"><num>(4)</num><intro><p>This subsection applies if the contravention takes place at a time when the tax adviser is subject to—</p></intro><level class="para1" eId="section-234-4-a"><num>(a)</num><content><p>a temporary ineligibility order issued under this Chapter, or</p></content></level><level class="para1" eId="section-234-4-b"><num>(b)</num><content><p>a permanent ineligibility order issued under this Chapter.</p></content></level></subsection><subsection eId="section-234-5"><num>(5)</num><content><p>For the purposes of subsection <ref href="#section-234-3">(3)</ref><ref href="#section-234-3-a">(a)</ref>, if a tax adviser is assessed to a penalty under this section or section <ref href="#section-235">235</ref> and the penalty is, at any time, subsequently set aside or otherwise cancelled, the penalty is to be treated from that time as if it was not assessed on the adviser.</p></content></subsection></section><section eId="section-235"><num>235</num><heading>Financial penalties for prohibited interaction with HMRC: liability of relevant individuals</heading><subsection eId="section-235-1"><num>(1)</num><intro><p>This section applies where—</p></intro><level class="para1" eId="section-235-1-a"><num>(a)</num><content><p>a tax adviser that is an organisation has been given a compliance notice under section <ref href="#section-233">233</ref> that has not been withdrawn,</p></content></level><level class="para1" eId="section-235-1-b"><num>(b)</num><content><p>the tax adviser subsequently contravenes section <ref href="#section-223">223</ref><ref href="#section-223-1">(1)</ref> (prohibited interaction with HMRC), and</p></content></level><level class="para1" eId="section-235-1-c"><num>(c)</num><content><p>an authorised officer of Revenue and Customs considers that the contravention is attributable to a relevant individual of the tax adviser.</p></content></level></subsection><subsection eId="section-235-2"><num>(2)</num><intro><p>The individual is liable in respect of the contravention to a penalty of—</p></intro><level class="para1" eId="section-235-2-a"><num>(a)</num><content><p>£5,000, or</p></content></level><level class="para1" eId="section-235-2-b"><num>(b)</num><content><p>if subsection <ref href="#section-235-3">(3)</ref> or <ref href="#section-235-4">(4)</ref> applies, £10,000.</p></content></level></subsection><subsection eId="section-235-3"><num>(3)</num><intro><p>This subsection applies if—</p></intro><level class="para1" eId="section-235-3-a"><num>(a)</num><content><p>in the period of two years ending with the date of the contravention, the relevant individual has been assessed to a penalty under this section or section <ref href="#section-234">234</ref> on four or more occasions, and</p></content></level><level class="para1" eId="section-235-3-b"><num>(b)</num><content><p>subsection <ref href="#section-235-4">(4)</ref> does not apply.</p></content></level></subsection><subsection eId="section-235-4"><num>(4)</num><intro><p>This subsection applies if the contravention takes place at a time when the relevant individual is subject to—</p></intro><level class="para1" eId="section-235-4-a"><num>(a)</num><content><p>a temporary ineligibility order issued under this Chapter, or</p></content></level><level class="para1" eId="section-235-4-b"><num>(b)</num><content><p>a permanent ineligibility order issued under this Chapter.</p></content></level></subsection><subsection eId="section-235-5"><num>(5)</num><content><p>For the purposes of subsection <ref href="#section-235-3">(3)</ref><ref href="#section-235-3-a">(a)</ref>, if a relevant individual is assessed to a penalty under this section or section <ref href="#section-234">234</ref> and the penalty is, at any time, subsequently set aside or otherwise cancelled, the penalty is to be treated from that time as if it was not assessed on the individual.</p></content></subsection><subsection eId="section-235-6"><num>(6)</num><content><p>In this section references to a relevant individual of a tax adviser include a former relevant individual of the tax adviser.</p></content></subsection></section></hcontainer><hcontainer name="crossheading" ukl:Name="Pblock" eId="part-7-chapter-1-crossheading-ineligibility-orders"><heading>Ineligibility orders</heading><section eId="section-236"><num>236</num><heading>Tax advisers: ineligibility orders</heading><subsection eId="section-236-1"><num>(1)</num><content><p>Where an authorised officer of Revenue and Customs assesses a tax adviser to a penalty under section <ref href="#section-234">234</ref><ref href="#section-234-2">(2)</ref><ref href="#section-234-2-b">(b)</ref> (financial penalties for prohibited interaction with HMRC) in a case where section <ref href="#section-234">234</ref><ref href="#section-234-3">(3)</ref> applies (repeated contravention), the officer must issue a temporary ineligibility order to the tax adviser.</p><p>For provision about the effect of a temporary ineligibility order, see in particular section <ref href="#section-227">227</ref><ref href="#section-227-2">(2)</ref><ref href="#section-227-2-e">(e)</ref> (registration conditions) and sections <ref href="#section-234">234</ref><ref href="#section-234-4">(4)</ref> and <ref href="#section-235">235</ref><ref href="#section-235-4">(4)</ref> (financial penalties for prohibited interaction with HMRC).</p></content></subsection><subsection eId="section-236-2"><num>(2)</num><content><p>A temporary ineligibility order issued under subsection <ref href="#section-236-1">(1)</ref> has effect for a period of 12 months from the end of the period of 30 days beginning with the date on which the order was issued to the person.</p></content></subsection><subsection eId="section-236-3"><num>(3)</num><intro><p>Where an authorised officer of Revenue and Customs assesses a tax adviser to a penalty under section <ref href="#section-234">234</ref><ref href="#section-234-2">(2)</ref><ref href="#section-234-2-b">(b)</ref> (financial penalties for prohibited interaction with HMRC) in a case where section <ref href="#section-234">234</ref><ref href="#section-234-4">(4)</ref><ref href="#section-234-4-a">(a)</ref> applies (contravention while subject to temporary ineligibility order), the officer must—</p></intro><level class="para1" eId="section-236-3-a"><num>(a)</num><content><p>issue a permanent ineligibility order to the tax adviser, and</p></content></level><level class="para1" eId="section-236-3-b"><num>(b)</num><content><p>in a case where the adviser’s registration is suspended under section <ref href="#section-232">232</ref>, cancel the adviser’s registration.</p></content></level><wrapUp><p>For provision about the effect of a permanent ineligibility order, see in particular section <ref href="#section-227">227</ref><ref href="#section-227-2">(2)</ref><ref href="#section-227-2-e">(e)</ref> (registration conditions) and sections <ref href="#section-234">234</ref><ref href="#section-234-4">(4)</ref> and <ref href="#section-235">235</ref><ref href="#section-235-4">(4)</ref> (financial penalties for prohibited interaction with HMRC).</p></wrapUp></subsection><subsection eId="section-236-4"><num>(4)</num><content><p>A permanent ineligibility order issued under subsection <ref href="#section-236-3">(3)</ref> has effect indefinitely from the end of the period of 30 days beginning with the date on which the order was issued to the person.</p></content></subsection><subsection eId="section-236-5"><num>(5)</num><intro><p>Before issuing an order to a person under subsection <ref href="#section-236-1">(1)</ref> or <ref href="#section-236-3">(3)</ref>, the authorised officer must—</p></intro><level class="para1" eId="section-236-5-a"><num>(a)</num><content><p>notify the person of the fact that the officer considers subsection <ref href="#section-236-1">(1)</ref> or <ref href="#section-236-3">(3)</ref> (as the case may be) to apply, and</p></content></level><level class="para1" eId="section-236-5-b"><num>(b)</num><content><p>allow the person a period of 30 days, beginning with the date of the notification, to make representations to HMRC.</p></content></level></subsection><subsection eId="section-236-6"><num>(6)</num><intro><p>An order under subsection <ref href="#section-236-1">(1)</ref> or <ref href="#section-236-3">(3)</ref> must state—</p></intro><level class="para1" eId="section-236-6-a"><num>(a)</num><content><p>the date on which it is issued, and</p></content></level><level class="para1" eId="section-236-6-b"><num>(b)</num><content><p>the period within which an appeal against the decision to issue the order may be made.</p></content></level></subsection></section><section eId="section-237"><num>237</num><heading>Relevant individuals: ineligibility orders</heading><subsection eId="section-237-1"><num>(1)</num><intro><p>Where an authorised officer of Revenue and Customs assesses a tax adviser to a penalty under section <ref href="#section-234">234</ref><ref href="#section-234-2">(2)</ref><ref href="#section-234-2-b">(b)</ref>(financial penalties for prohibited interaction with HMRC), the officer may—</p></intro><level class="para1" eId="section-237-1-a"><num>(a)</num><content><p>in a case where section <ref href="#section-234">234</ref><ref href="#section-234-3">(3)</ref> applies (repeated contravention), issue a temporary ineligibility order to any relevant individual of the tax adviser;</p></content></level><level class="para1" eId="section-237-1-b"><num>(b)</num><content><p>in a case where section <ref href="#section-234">234</ref><ref href="#section-234-4">(4)</ref> applies (contravention while subject to an ineligibility order), issue a permanent ineligibility order to any relevant individual of the tax adviser.</p></content></level></subsection><subsection eId="section-237-2"><num>(2)</num><content><p>Where an authorised officer of Revenue and Customs assesses a relevant individual of a tax adviser to a penalty under section <ref href="#section-235">235</ref><ref href="#section-235-2">(2)</ref><ref href="#section-235-2-b">(b)</ref> (liability of relevant individuals) in a case where section <ref href="#section-235">235</ref><ref href="#section-235-3">(3)</ref> applies (repeated contravention), the officer must issue a temporary ineligibility order to the individual.</p></content></subsection><subsection eId="section-237-3"><num>(3)</num><content><p>Where an authorised officer of Revenue and Customs assesses a relevant individual of a tax adviser to a penalty under section <ref href="#section-235">235</ref><ref href="#section-235-2">(2)</ref><ref href="#section-235-2-b">(b)</ref> (liability of relevant individuals) in a case where section <ref href="#section-235">235</ref><ref href="#section-235-4">(4)</ref><ref href="#section-235-4-a">(a)</ref> applies (contravention while subject to temporary ineligibility order), the officer must issue a permanent ineligibility order to the individual.</p></content></subsection><subsection eId="section-237-4"><num>(4)</num><content><p>For provision about the effect of a temporary or a permanent ineligibility order, see in particular section <ref href="#section-227">227</ref><ref href="#section-227-2">(2)</ref><ref href="#section-227-2-e">(e)</ref> (registration conditions) and sections <ref href="#section-234">234</ref><ref href="#section-234-4">(4)</ref> and <ref href="#section-235">235</ref><ref href="#section-235-4">(4)</ref> (financial penalties for prohibited interaction with HMRC).</p></content></subsection><subsection eId="section-237-5"><num>(5)</num><content><p>A temporary ineligibility order issued under subsection <ref href="#section-237-1">(1)</ref><ref href="#section-237-1-a">(a)</ref> or <ref href="#section-237-2">(2)</ref> has effect for a period of 12 months from the end of the period of 30 days beginning with the date on which the order was issued to the person.</p></content></subsection><subsection eId="section-237-6"><num>(6)</num><content><p>A permanent ineligibility order issued under subsection <ref href="#section-237-1">(1)</ref><ref href="#section-237-1-b">(b)</ref> or <ref href="#section-237-3">(3)</ref> has effect indefinitely from the end of the period of 30 days beginning with the date on which the order was issued to the person.</p></content></subsection><subsection eId="section-237-7"><num>(7)</num><intro><p>Before issuing an order to a relevant individual under subsection <ref href="#section-237-1">(1)</ref>, <ref href="#section-237-2">(2)</ref> or <ref href="#section-237-3">(3)</ref>, the authorised officer must—</p></intro><level class="para1" eId="section-237-7-a"><num>(a)</num><content><p>notify the relevant individual and the tax adviser of the fact that the officer considers subsection <ref href="#section-237-1">(1)</ref>, <ref href="#section-237-2">(2)</ref> or <ref href="#section-237-3">(3)</ref> (as the case may be) to apply, and</p></content></level><level class="para1" eId="section-237-7-b"><num>(b)</num><content><p>allow the relevant individual and the tax adviser a period of 30 days, beginning with the date of the notification, to make representations to HMRC.</p></content></level></subsection><subsection eId="section-237-8"><num>(8)</num><intro><p>An order under subsection <ref href="#section-237-1">(1)</ref>, <ref href="#section-237-2">(2)</ref> or <ref href="#section-237-3">(3)</ref> must state—</p></intro><level class="para1" eId="section-237-8-a"><num>(a)</num><content><p>the date on which it is issued, and</p></content></level><level class="para1" eId="section-237-8-b"><num>(b)</num><content><p>the period within which an appeal against the decision to issue the order may be made.</p></content></level></subsection><subsection eId="section-237-9"><num>(9)</num><content><p>Where an authorised officer of Revenue and Customs issues an order to a relevant individual under this section, the officer must also notify the tax adviser in question.</p></content></subsection><subsection eId="section-237-10"><num>(10)</num><content><p>In this section references to a relevant individual of a tax adviser include a former relevant individual of the tax adviser.</p></content></subsection></section></hcontainer><hcontainer name="crossheading" ukl:Name="Pblock" eId="part-7-chapter-1-crossheading-requirement-for-tax-adviser-to-notify-clients-of-suspension-or-ineligibility-orders"><heading>Requirement for tax adviser to notify clients of suspension or ineligibility orders</heading><section eId="section-238"><num>238</num><heading>Requirement for tax adviser to notify clients of suspension or ineligibility orders</heading><subsection eId="section-238-1"><num>(1)</num><content><p>Where a registered tax adviser’s registration has been suspended under section <ref href="#section-232">232</ref><ref href="#section-232-1">(1)</ref> (suspension of registration: registration conditions) for a period of more than 30 days, the adviser must take reasonable steps to notify each of their clients about the suspension within the period of 30 days beginning with the 31st day of the suspension.</p></content></subsection><subsection eId="section-238-2"><num>(2)</num><content><p>Where a registered tax adviser’s registration has been suspended under section <ref href="#section-232">232</ref><ref href="#section-232-2">(2)</ref> (suspension of registration: behaviour of adviser), the adviser must take reasonable steps to notify each of their clients about the suspension within the period of 30 days beginning with the day on which the suspension first has effect.</p></content></subsection><subsection eId="section-238-3"><num>(3)</num><content><p>Where a registered tax adviser is issued with a temporary or permanent ineligibility order under this Chapter, the adviser must take reasonable steps to notify each of their clients about the issuing of the order within the period of 30 days beginning with the day on which the order first has effect.</p></content></subsection><subsection eId="section-238-4"><num>(4)</num><content><p>A notification to a client under subsection <ref href="#section-238-1">(1)</ref>, <ref href="#section-238-2">(2)</ref> or <ref href="#section-238-3">(3)</ref> must be in the form and manner set out in a notice published by HMRC.</p></content></subsection><subsection eId="section-238-5"><num>(5)</num><content><p>If a tax adviser contravenes subsection <ref href="#section-238-1">(1)</ref>, <ref href="#section-238-2">(2)</ref> or <ref href="#section-238-3">(3)</ref> the adviser is liable to a penalty of £5,000.</p></content></subsection><subsection eId="section-238-6"><num>(6)</num><content><p>Where the contravention relates to more than one client, the tax adviser is liable to a penalty under this section in respect of each client.</p></content></subsection></section></hcontainer><hcontainer name="crossheading" ukl:Name="Pblock" eId="part-7-chapter-1-crossheading-reasonable-excuse"><heading>Reasonable excuse</heading><section eId="section-239"><num>239</num><heading>Reasonable excuse</heading><subsection eId="section-239-1"><num>(1)</num><content><p>A person is not liable to a penalty under section <ref href="#section-234">234</ref>, <ref href="#section-235">235</ref> or <ref href="#section-238">238</ref> if the person satisfies an authorised officer of Revenue and Customs or, on an appeal to the tribunal, the tribunal that there is a reasonable excuse for the contravention.</p></content></subsection><subsection eId="section-239-2"><num>(2)</num><content><p>If a person had a reasonable excuse for a contravention but the excuse has ceased, the person is to be treated as having continued to have the excuse if the contravention is remedied without unreasonable delay after the excuse ceased.</p></content></subsection></section></hcontainer><hcontainer name="crossheading" ukl:Name="Pblock" eId="part-7-chapter-1-crossheading-extension-of-period-for-making-representations"><heading>Extension of period for making representations</heading><section eId="section-240"><num>240</num><heading>Extension of period for making representations</heading><content><p>Where a provision of this Chapter requires an authorised officer of Revenue and Customs to allow a specified period of time for a person to make representations, the officer may, by notice to the person, extend that period.</p></content></section></hcontainer><hcontainer name="crossheading" ukl:Name="Pblock" eId="part-7-chapter-1-crossheading-assessment-of-financial-penalties-etc"><heading>Assessment of financial penalties etc</heading><section eId="section-241"><num>241</num><heading>Assessment of financial penalties</heading><subsection eId="section-241-1"><num>(1)</num><intro><p>Where a person becomes liable to a penalty under section <ref href="#section-234">234</ref>, <ref href="#section-235">235</ref> or <ref href="#section-238">238</ref>, an authorised officer of Revenue and Customs must—</p></intro><level class="para1" eId="section-241-1-a"><num>(a)</num><content><p>assess the penalty, and</p></content></level><level class="para1" eId="section-241-1-b"><num>(b)</num><content><p>notify the person.</p></content></level></subsection><subsection eId="section-241-2"><num>(2)</num><content><p>A notice under subsection <ref href="#section-241-1">(1)</ref> may relate to more than one contravention by the person.</p></content></subsection><subsection eId="section-241-3"><num>(3)</num><intro><p>A notice under subsection <ref href="#section-241-1">(1)</ref> must state—</p></intro><level class="para1" eId="section-241-3-a"><num>(a)</num><content><p>the date on which it is issued;</p></content></level><level class="para1" eId="section-241-3-b"><num>(b)</num><content><p>each contravention in respect of which the penalty is assessed;</p></content></level><level class="para1" eId="section-241-3-c"><num>(c)</num><content><p>the amount of the penalty;</p></content></level><level class="para1" eId="section-241-3-d"><num>(d)</num><content><p>the period within which an appeal against the assessment may be made.</p></content></level></subsection><subsection eId="section-241-4"><num>(4)</num><intro><p>Before assessing a tax adviser to a penalty under section <ref href="#section-234">234</ref>, <ref href="#section-235">235</ref> or <ref href="#section-238">238</ref>, the authorised officer must—</p></intro><level class="para1" eId="section-241-4-a"><num>(a)</num><content><p>notify the person of the fact that the officer considers the person is liable to the penalty, and</p></content></level><level class="para1" eId="section-241-4-b"><num>(b)</num><content><p>allow the person a period of 30 days, beginning with the date of the notification, to make representations to HMRC.</p></content></level></subsection></section><section eId="section-242"><num>242</num><heading>Time limits and treatment of financial penalties</heading><subsection eId="section-242-1"><num>(1)</num><content><p>An assessment of a penalty under section <ref href="#section-234">234</ref> or <ref href="#section-235">235</ref> must be made within the period of 12 months beginning with the day on which the person became liable to the penalty.</p></content></subsection><subsection eId="section-242-2"><num>(2)</num><content><p>An assessment of a penalty under section <ref href="#section-238">238</ref> must be made within the period of 12 months beginning with the day on which the contravention first came to the attention of an officer of Revenue and Customs.</p></content></subsection><subsection eId="section-242-3"><num>(3)</num><content><p>A penalty assessed under section <ref href="#section-234">234</ref>, <ref href="#section-235">235</ref> or <ref href="#section-238">238</ref> is due and payable at the end of the period of 30 days beginning with the day on which the notice of assessment of the penalty is issued.</p></content></subsection><subsection eId="section-242-4"><num>(4)</num><content><p>A penalty assessed under section <ref href="#section-234">234</ref>, <ref href="#section-235">235</ref> or <ref href="#section-238">238</ref> is, subject to subsection <ref href="#section-242-3">(3)</ref>, to be treated for all purposes as if it were tax charged in an assessment and due and payable.</p></content></subsection></section><section eId="section-243"><num>243</num><heading>Double jeopardy</heading><content><p>A person is not liable to a financial penalty under this Chapter in respect of anything in respect of which the person has been convicted of an offence.</p></content></section></hcontainer><hcontainer name="crossheading" ukl:Name="Pblock" eId="part-7-chapter-1-crossheading-reviews-and-appeals"><heading>Reviews and appeals</heading><section eId="section-244"><num>244</num><heading>Reviews and appeals</heading><content><p><ref href="#schedule-21">Schedule 21</ref> contains provision about reviews and appeals.</p></content></section></hcontainer><hcontainer name="crossheading" ukl:Name="Pblock" eId="part-7-chapter-1-crossheading-disclosure-of-information"><heading>Disclosure of information</heading><section eId="section-245"><num>245</num><heading>Disclosure of information</heading><subsection eId="section-245-1"><num>(1)</num><intro><p>HMRC may disclose information acquired under, or held in connection with, this Chapter to a person for the purpose of facilitating the exercise by the person of a function relating to the regulation or supervision of—</p></intro><level class="para1" eId="section-245-1-a"><num>(a)</num><content><p>tax advisers, or</p></content></level><level class="para1" eId="section-245-1-b"><num>(b)</num><content><p>the tax system.</p></content></level></subsection><subsection eId="section-245-2"><num>(2)</num><intro><p>A person to whom HMRC discloses information under this section—</p></intro><level class="para1" eId="section-245-2-a"><num>(a)</num><content><p>may use it only for the purpose for which it was disclosed, and</p></content></level><level class="para1" eId="section-245-2-b"><num>(b)</num><content><p>may not further disclose it without the consent of HMRC (which may be general or specific).</p></content></level></subsection><subsection eId="section-245-3"><num>(3)</num><intro><p>Where a person contravenes subsection <ref href="#section-245-2">(2)</ref><ref href="#section-245-2-b">(b)</ref> by disclosing information relating to a person whose identity—</p></intro><level class="para1" eId="section-245-3-a"><num>(a)</num><content><p>is specified in the disclosure, or</p></content></level><level class="para1" eId="section-245-3-b"><num>(b)</num><content><p>can be deduced from it,</p></content></level><wrapUp><p>section 19 of CRCA 2005 (offence of wrongful disclosure) applies in relation to the disclosure as it applies in relation to a disclosure in contravention of section 20(9) of that Act.</p></wrapUp></subsection><subsection eId="section-245-4"><num>(4)</num><content><p>Nothing in this section limits the circumstances in which information may be disclosed under section 18(2) of CRCA 2005 or under any other enactment or rule of law.</p></content></subsection></section></hcontainer><hcontainer name="crossheading" ukl:Name="Pblock" eId="part-7-chapter-1-crossheading-power-to-publish-information"><heading>Power to publish information</heading><section eId="section-246"><num>246</num><heading>Power to publish information</heading><subsection eId="section-246-1"><num>(1)</num><intro><p>An authorised officer of Revenue and Customs may publish information about a person if—</p></intro><level class="para1" eId="section-246-1-a"><num>(a)</num><content><p>the person is assessed to a financial penalty under this Chapter, or</p></content></level><level class="para1" eId="section-246-1-b"><num>(b)</num><content><p>the person is issued with a relevant ineligibility order.</p></content></level></subsection><subsection eId="section-246-2"><num>(2)</num><intro><p>The information that may be published under this section is—</p></intro><level class="para1" eId="section-246-2-a"><num>(a)</num><content><p>the person’s name, including any trading name, previous name or pseudonym;</p></content></level><level class="para1" eId="section-246-2-b"><num>(b)</num><content><p>the postcode of any address used by person;</p></content></level><level class="para1" eId="section-246-2-c"><num>(c)</num><content><p>any other information the authorised officer considers appropriate to publish in order to make clear the person's identity;</p></content></level><level class="para1" eId="section-246-2-d"><num>(d)</num><content><p>the amount of the financial penalty or (as the case may be) the type of the relevant ineligibility order issued.</p></content></level></subsection><subsection eId="section-246-3"><num>(3)</num><intro><p>Before publishing information under this section, the authorised officer must—</p></intro><level class="para1" eId="section-246-3-a"><num>(a)</num><content><p>notify the person that they are considering doing so,</p></content></level><level class="para1" eId="section-246-3-b"><num>(b)</num><content><p>allow the person a period of 30 days, beginning with the date of the notification, to make representations to HMRC, and</p></content></level><level class="para1" eId="section-246-3-c"><num>(c)</num><content><p>after considering any such representations, notify the person of the authorised officer’s decision as to whether to publish the information.</p></content></level></subsection><subsection eId="section-246-4"><num>(4)</num><content><p>Information may be published under this section in any manner that the authorised officer considers appropriate.</p></content></subsection><subsection eId="section-246-5"><num>(5)</num><content><p>No information may be published under this section before the day on which the financial penalty or relevant ineligibility order becomes final.</p></content></subsection><subsection eId="section-246-6"><num>(6)</num><content><p>No information may be published under this section for the first time after the end of the period of one year beginning with the day on which the penalty or relevant ineligibility order becomes final.</p></content></subsection><subsection eId="section-246-7"><num>(7)</num><intro><p>Where—</p></intro><level class="para1" eId="section-246-7-a"><num>(a)</num><content><p>information has been published under this section on a government website, and</p></content></level><level class="para1" eId="section-246-7-b"><num>(b)</num><content><p>the information remains accessible on the website after the end of the period of one year beginning with the day on which it was first published,</p></content></level><wrapUp><p>an authorised officer of HMRC must take steps to remove the information from the website.</p></wrapUp></subsection><subsection eId="section-246-8"><num>(8)</num><content><p>But subsection <ref href="#section-246-7">(7)</ref> does not apply in a case where the information was published under subsection <ref href="#section-246-1">(1)</ref><ref href="#section-246-1-b">(b)</ref> by virtue of the person being issued with a permanent ineligibility order under section <ref href="#section-236">236</ref> or <ref href="#section-237">237</ref> (ineligibility orders).</p></content></subsection><subsection eId="section-246-9"><num>(9)</num><intro><p><mod>For the purposes of this section a financial penalty or ineligibility order becomes <quotedText>“final”</quotedText> if—</mod></p></intro><level class="para1" eId="section-246-9-a"><num>(a)</num><content><p>the time for bringing any appeal or further appeal relating to it expires (ignoring any possibility of an appeal being brought out of time with permission), or</p></content></level><level class="para1" eId="section-246-9-b"><num>(b)</num><content><p>if later, any appeal or final appeal (other than an appeal brought out of time with permission) relating to it is finally determined.</p></content></level></subsection><subsection eId="section-246-10"><num>(10)</num><content><p>In this section “<term refersTo="#term-relevant-ineligibility-order" eId="term-relevant-ineligibility-order">relevant ineligibility order</term>” means a temporary or permanent ineligibility order issued under section <ref href="#section-236">236</ref> or <ref href="#section-237">237</ref> (ineligibility orders).</p></content></subsection></section></hcontainer><hcontainer name="crossheading" ukl:Name="Pblock" eId="part-7-chapter-1-crossheading-power-to-amend-schedule-20-exceptions"><heading>Power to amend <ref href="#schedule-20">Schedule 20</ref> (exceptions)</heading><section eId="section-247"><num>247</num><heading>Power to amend <ref href="#schedule-20">Schedule 20</ref> (exceptions)</heading><subsection eId="section-247-1"><num>(1)</num><content><p>The Treasury may by regulations made by statutory instrument amend <ref href="#schedule-20">Schedule 20</ref> (exceptions) to make provision about exceptions for the purposes of section <ref href="#section-223">223</ref><ref href="#section-223-1">(1)</ref> (prohibited interaction with HMRC).</p></content></subsection><subsection eId="section-247-2"><num>(2)</num><intro><p>Regulations under this section may in particular—</p></intro><level class="para1" eId="section-247-2-a"><num>(a)</num><content><p>add an exception, or</p></content></level><level class="para1" eId="section-247-2-b"><num>(b)</num><content><p>delete or amend an exception for the time being included in the Schedule.</p></content></level></subsection><subsection eId="section-247-3"><num>(3)</num><intro><p>Regulations under this section may—</p></intro><level class="para1" eId="section-247-3-a"><num>(a)</num><content><p>make different provision for different purposes;</p></content></level><level class="para1" eId="section-247-3-b"><num>(b)</num><content><p>make transitional or saving provision.</p></content></level></subsection><subsection eId="section-247-4"><num>(4)</num><content><p>A statutory instrument containing regulations under this section is subject to annulment in pursuance of a resolution of the House of Commons.</p></content></subsection></section></hcontainer><hcontainer name="crossheading" ukl:Name="Pblock" eId="part-7-chapter-1-crossheading-interpretation"><heading>Interpretation</heading><section eId="section-248"><num>248</num><heading>Interpretation of Chapter</heading><subsection eId="section-248-1"><num>(1)</num><intro><p>In this Chapter—</p></intro><hcontainer name="definition"><content><p>“<term refersTo="#term-authorised-officer" eId="term-authorised-officer">authorised officer</term>” means an officer of Revenue and Customs who is, or is a member of a class of officers who are, authorised by the Commissioners for the purposes of this Chapter;</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-commissioners" eId="term-commissioners">Commissioners</term>” means the Commissioners for His Majesty’s Revenue and Customs;</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-hmrc" eId="term-hmrc">HMRC</term>” means His Majesty’s Revenue and Customs;</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-organisation" eId="term-organisation">organisation</term>” means a body corporate, partnership or other organisation carrying on a business;</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-registered-tax-adviser" eId="term-registered-tax-adviser">registered tax adviser</term>” means a tax adviser who is registered under this Chapter;</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-tribunal" eId="term-tribunal">tribunal</term>” means the First-tier Tribunal or, where determined by or under the Tribunal Procedure Rules, the Upper Tribunal.</p></content></hcontainer></subsection><subsection eId="section-248-2"><num>(2)</num><content><p>A reference in this Chapter to working for an organisation includes being a director, partner or member of an organisation.</p></content></subsection></section></hcontainer><hcontainer name="crossheading" ukl:Name="Pblock" eId="part-7-chapter-1-crossheading-commencement"><heading>Commencement</heading><section eId="section-249"><num>249</num><heading>Commencement</heading><subsection eId="section-249-1"><num>(1)</num><content><p>This section comes into force on the day on which this Act is passed.</p></content></subsection><subsection eId="section-249-2"><num>(2)</num><content><p>The rest of this Chapter comes into force on such day as the Treasury may by regulations appoint.</p></content></subsection><subsection eId="section-249-3"><num>(3)</num><content><p>Different days may be appointed for different purposes.</p></content></subsection><subsection eId="section-249-4"><num>(4)</num><content><p>The Treasury may by regulations make transitional or saving provision in connection with the coming into force of any provision of this Chapter.</p></content></subsection><subsection eId="section-249-5"><num>(5)</num><content><p>The power to make regulations under subsection <ref href="#section-249-4">(4)</ref> includes power to make different provision for different purposes.</p></content></subsection><subsection eId="section-249-6"><num>(6)</num><content><p>Regulations under this section are to be made by statutory instrument.</p></content></subsection></section></hcontainer></chapter>
<hcontainer xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" name="crossheading" ukl:Name="Pblock" eId="part-7-chapter-1-crossheading-prohibition-against-unregistered-tax-advisers-interacting-with-hmrc"><heading>Prohibition against unregistered tax advisers interacting with HMRC</heading><section eId="section-223"><num>223</num><heading>Prohibition against unregistered tax advisers interacting with HMRC</heading><subsection eId="section-223-1"><num>(1)</num><intro><p>A tax adviser may not interact with HMRC in relation to the tax affairs of a client unless—</p></intro><level class="para1" eId="section-223-1-a"><num>(a)</num><content><p>the adviser is registered under this Chapter, or</p></content></level><level class="para1" eId="section-223-1-b"><num>(b)</num><content><p>an exception in <ref href="#schedule-20">Schedule 20</ref> (exceptions) applies.</p></content></level></subsection><subsection eId="section-223-2"><num>(2)</num><intro><p>A person interacts with HMRC if the person does or attempts to do any of the following—</p></intro><level class="para1" eId="section-223-2-a"><num>(a)</num><content><p>contact HMRC by telephone, post or email;</p></content></level><level class="para1" eId="section-223-2-b"><num>(b)</num><content><p>send a message to HMRC through a website or internet portal;</p></content></level><level class="para1" eId="section-223-2-c"><num>(c)</num><content><p>file a return, claim, notice or other document with HMRC (whether electronically or otherwise);</p></content></level><level class="para1" eId="section-223-2-d"><num>(d)</num><content><p>communicate with HMRC in any other way.</p></content></level></subsection><subsection eId="section-223-3"><num>(3)</num><content><p>Subsection <ref href="#section-223-1">(1)</ref> applies even if the tax adviser or the client (or both) are outside the United Kingdom.</p></content></subsection><subsection eId="section-223-4"><num>(4)</num><intro><p>Where an individual—</p></intro><level class="para1" eId="section-223-4-a"><num>(a)</num><content><p>works for a tax adviser, and</p></content></level><level class="para1" eId="section-223-4-b"><num>(b)</num><content><p>interacts with HMRC in the course of a business carried on by that tax adviser,</p></content></level><wrapUp><p>the interaction is to be regarded as being carried out by that tax adviser.</p></wrapUp></subsection></section><section eId="section-224"><num>224</num><heading>Meaning of “tax adviser” and “client”</heading><subsection eId="section-224-1"><num>(1)</num><intro><p>In this Chapter “<term refersTo="#term-tax-adviser" eId="term-tax-adviser">tax adviser</term>” means—</p></intro><level class="para1" eId="section-224-1-a"><num>(a)</num><content><p>an organisation that, in the course of a business carried on by it, assists other persons with their tax affairs, or</p></content></level><level class="para1" eId="section-224-1-b"><num>(b)</num><content><p>an individual who, in the course of a business carried on by the individual as a sole trader, assists other persons with their tax affairs.</p></content></level></subsection><subsection eId="section-224-2"><num>(2)</num><intro><p>An organisation or individual assists another person with their tax affairs if the organisation or individual does any of the following—</p></intro><level class="para1" eId="section-224-2-a"><num>(a)</num><content><p>advises the other person in relation to tax;</p></content></level><level class="para1" eId="section-224-2-b"><num>(b)</num><content><p>acts or purports to act as an agent on behalf of the other person in relation to tax;</p></content></level><level class="para1" eId="section-224-2-c"><num>(c)</num><content><p>provides assistance with any document that is likely to be relied on by HMRC to determine the other person’s tax position.</p></content></level></subsection><subsection eId="section-224-3"><num>(3)</num><content><p>A person can be a tax adviser even if they are appointed indirectly (for example, at the request of someone other than their client).</p></content></subsection><subsection eId="section-224-4"><num>(4)</num><content><p>In this Chapter “<term refersTo="#term-client" eId="term-client">client</term>”, in relation to a tax adviser, means a person who the adviser, in the course of a business carried on by the adviser, assists with their tax affairs.</p></content></subsection></section></hcontainer>
<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-223"><num>223</num><heading>Prohibition against unregistered tax advisers interacting with HMRC</heading><subsection eId="section-223-1"><num>(1)</num><intro><p>A tax adviser may not interact with HMRC in relation to the tax affairs of a client unless—</p></intro><level class="para1" eId="section-223-1-a"><num>(a)</num><content><p>the adviser is registered under this Chapter, or</p></content></level><level class="para1" eId="section-223-1-b"><num>(b)</num><content><p>an exception in <ref href="#schedule-20">Schedule 20</ref> (exceptions) applies.</p></content></level></subsection><subsection eId="section-223-2"><num>(2)</num><intro><p>A person interacts with HMRC if the person does or attempts to do any of the following—</p></intro><level class="para1" eId="section-223-2-a"><num>(a)</num><content><p>contact HMRC by telephone, post or email;</p></content></level><level class="para1" eId="section-223-2-b"><num>(b)</num><content><p>send a message to HMRC through a website or internet portal;</p></content></level><level class="para1" eId="section-223-2-c"><num>(c)</num><content><p>file a return, claim, notice or other document with HMRC (whether electronically or otherwise);</p></content></level><level class="para1" eId="section-223-2-d"><num>(d)</num><content><p>communicate with HMRC in any other way.</p></content></level></subsection><subsection eId="section-223-3"><num>(3)</num><content><p>Subsection <ref href="#section-223-1">(1)</ref> applies even if the tax adviser or the client (or both) are outside the United Kingdom.</p></content></subsection><subsection eId="section-223-4"><num>(4)</num><intro><p>Where an individual—</p></intro><level class="para1" eId="section-223-4-a"><num>(a)</num><content><p>works for a tax adviser, and</p></content></level><level class="para1" eId="section-223-4-b"><num>(b)</num><content><p>interacts with HMRC in the course of a business carried on by that tax adviser,</p></content></level><wrapUp><p>the interaction is to be regarded as being carried out by that tax adviser.</p></wrapUp></subsection></section>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-223-1"><num>(1)</num><intro><p>A tax adviser may not interact with HMRC in relation to the tax affairs of a client unless—</p></intro><level class="para1" eId="section-223-1-a"><num>(a)</num><content><p>the adviser is registered under this Chapter, or</p></content></level><level class="para1" eId="section-223-1-b"><num>(b)</num><content><p>an exception in <ref href="#schedule-20">Schedule 20</ref> (exceptions) applies.</p></content></level></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-223-1-a"><num>(a)</num><content><p>the adviser is registered under this Chapter, or</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-223-1-b"><num>(b)</num><content><p>an exception in <ref href="#schedule-20">Schedule 20</ref> (exceptions) applies.</p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-223-2"><num>(2)</num><intro><p>A person interacts with HMRC if the person does or attempts to do any of the following—</p></intro><level class="para1" eId="section-223-2-a"><num>(a)</num><content><p>contact HMRC by telephone, post or email;</p></content></level><level class="para1" eId="section-223-2-b"><num>(b)</num><content><p>send a message to HMRC through a website or internet portal;</p></content></level><level class="para1" eId="section-223-2-c"><num>(c)</num><content><p>file a return, claim, notice or other document with HMRC (whether electronically or otherwise);</p></content></level><level class="para1" eId="section-223-2-d"><num>(d)</num><content><p>communicate with HMRC in any other way.</p></content></level></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-223-2-a"><num>(a)</num><content><p>contact HMRC by telephone, post or email;</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-223-2-b"><num>(b)</num><content><p>send a message to HMRC through a website or internet portal;</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-223-2-c"><num>(c)</num><content><p>file a return, claim, notice or other document with HMRC (whether electronically or otherwise);</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-223-2-d"><num>(d)</num><content><p>communicate with HMRC in any other way.</p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-223-3"><num>(3)</num><content><p>Subsection <ref href="#section-223-1">(1)</ref> applies even if the tax adviser or the client (or both) are outside the United Kingdom.</p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-223-4"><num>(4)</num><intro><p>Where an individual—</p></intro><level class="para1" eId="section-223-4-a"><num>(a)</num><content><p>works for a tax adviser, and</p></content></level><level class="para1" eId="section-223-4-b"><num>(b)</num><content><p>interacts with HMRC in the course of a business carried on by that tax adviser,</p></content></level><wrapUp><p>the interaction is to be regarded as being carried out by that tax adviser.</p></wrapUp></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-223-4-a"><num>(a)</num><content><p>works for a tax adviser, and</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-223-4-b"><num>(b)</num><content><p>interacts with HMRC in the course of a business carried on by that tax adviser,</p></content></level>
<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-224"><num>224</num><heading>Meaning of “tax adviser” and “client”</heading><subsection eId="section-224-1"><num>(1)</num><intro><p>In this Chapter “<term refersTo="#term-tax-adviser" eId="term-tax-adviser">tax adviser</term>” means—</p></intro><level class="para1" eId="section-224-1-a"><num>(a)</num><content><p>an organisation that, in the course of a business carried on by it, assists other persons with their tax affairs, or</p></content></level><level class="para1" eId="section-224-1-b"><num>(b)</num><content><p>an individual who, in the course of a business carried on by the individual as a sole trader, assists other persons with their tax affairs.</p></content></level></subsection><subsection eId="section-224-2"><num>(2)</num><intro><p>An organisation or individual assists another person with their tax affairs if the organisation or individual does any of the following—</p></intro><level class="para1" eId="section-224-2-a"><num>(a)</num><content><p>advises the other person in relation to tax;</p></content></level><level class="para1" eId="section-224-2-b"><num>(b)</num><content><p>acts or purports to act as an agent on behalf of the other person in relation to tax;</p></content></level><level class="para1" eId="section-224-2-c"><num>(c)</num><content><p>provides assistance with any document that is likely to be relied on by HMRC to determine the other person’s tax position.</p></content></level></subsection><subsection eId="section-224-3"><num>(3)</num><content><p>A person can be a tax adviser even if they are appointed indirectly (for example, at the request of someone other than their client).</p></content></subsection><subsection eId="section-224-4"><num>(4)</num><content><p>In this Chapter “<term refersTo="#term-client" eId="term-client">client</term>”, in relation to a tax adviser, means a person who the adviser, in the course of a business carried on by the adviser, assists with their tax affairs.</p></content></subsection></section>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-224-1"><num>(1)</num><intro><p>In this Chapter “<term refersTo="#term-tax-adviser" eId="term-tax-adviser">tax adviser</term>” means—</p></intro><level class="para1" eId="section-224-1-a"><num>(a)</num><content><p>an organisation that, in the course of a business carried on by it, assists other persons with their tax affairs, or</p></content></level><level class="para1" eId="section-224-1-b"><num>(b)</num><content><p>an individual who, in the course of a business carried on by the individual as a sole trader, assists other persons with their tax affairs.</p></content></level></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-224-1-a"><num>(a)</num><content><p>an organisation that, in the course of a business carried on by it, assists other persons with their tax affairs, or</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-224-1-b"><num>(b)</num><content><p>an individual who, in the course of a business carried on by the individual as a sole trader, assists other persons with their tax affairs.</p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-224-2"><num>(2)</num><intro><p>An organisation or individual assists another person with their tax affairs if the organisation or individual does any of the following—</p></intro><level class="para1" eId="section-224-2-a"><num>(a)</num><content><p>advises the other person in relation to tax;</p></content></level><level class="para1" eId="section-224-2-b"><num>(b)</num><content><p>acts or purports to act as an agent on behalf of the other person in relation to tax;</p></content></level><level class="para1" eId="section-224-2-c"><num>(c)</num><content><p>provides assistance with any document that is likely to be relied on by HMRC to determine the other person’s tax position.</p></content></level></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-224-2-a"><num>(a)</num><content><p>advises the other person in relation to tax;</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-224-2-b"><num>(b)</num><content><p>acts or purports to act as an agent on behalf of the other person in relation to tax;</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-224-2-c"><num>(c)</num><content><p>provides assistance with any document that is likely to be relied on by HMRC to determine the other person’s tax position.</p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-224-3"><num>(3)</num><content><p>A person can be a tax adviser even if they are appointed indirectly (for example, at the request of someone other than their client).</p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-224-4"><num>(4)</num><content><p>In this Chapter “<term refersTo="#term-client" eId="term-client">client</term>”, in relation to a tax adviser, means a person who the adviser, in the course of a business carried on by the adviser, assists with their tax affairs.</p></content></subsection>
<hcontainer xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" name="crossheading" ukl:Name="Pblock" eId="part-7-chapter-1-crossheading-application-process"><heading>Application process</heading><section eId="section-225"><num>225</num><heading>Application for registration</heading><subsection eId="section-225-1"><num>(1)</num><content><p>A tax adviser may apply to HMRC to be registered under this Chapter.</p></content></subsection><subsection eId="section-225-2"><num>(2)</num><content><p>An application must be made in the form and manner specified in a notice published by HMRC.</p></content></subsection><subsection eId="section-225-3"><num>(3)</num><intro><p>An application must contain the following—</p></intro><level class="para1" eId="section-225-3-a"><num>(a)</num><content><p>the name and address of the tax adviser;</p></content></level><level class="para1" eId="section-225-3-b"><num>(b)</num><content><p>if the tax adviser is an organisation, the name of each of the tax adviser’s relevant individuals (see section <ref href="#section-226">226</ref> (meaning of “relevant individual” etc));</p></content></level><level class="para1" eId="section-225-3-c"><num>(c)</num><intro><p>a statement—</p></intro><level class="para2" eId="section-225-3-c-i"><num>(i)</num><content><p>that the tax adviser meets the registration conditions (see section <ref href="#section-227">227</ref> (registration conditions)), or</p></content></level><level class="para2" eId="section-225-3-c-ii"><num>(ii)</num><content><p>explaining why those conditions are not met;</p></content></level></level><level class="para1" eId="section-225-3-d"><num>(d)</num><content><p>any other information or evidence relating to the tax adviser or the registration conditions that may be specified in a notice published by HMRC.</p></content></level></subsection><subsection eId="section-225-4"><num>(4)</num><content><p>A notice under subsection <ref href="#section-225-3">(3)</ref><ref href="#section-225-3-d">(d)</ref> may, in particular, specify different types of information or evidence for different descriptions of tax advisers (for example, for tax advisers who are established in, or who otherwise have a connection with, a territory outside the United Kingdom).</p></content></subsection></section><section eId="section-226"><num>226</num><heading>Meaning of “relevant individual” and “officer”</heading><subsection eId="section-226-1"><num>(1)</num><intro><p>For the purposes of this Chapter “<term refersTo="#term-relevant-individual" eId="term-relevant-individual">relevant individual</term>”, in relation to a tax adviser that is an organisation with fewer than six officers, means—</p></intro><level class="para1" eId="section-226-1-a"><num>(a)</num><intro><p>each individual who works for the tax adviser and who plays a significant role in—</p></intro><level class="para2" eId="section-226-1-a-i"><num>(i)</num><content><p>the making of decisions about how the whole or a substantial part of the tax adviser activities of the organisation are to be managed or organised, or</p></content></level><level class="para2" eId="section-226-1-a-ii"><num>(ii)</num><content><p>the actual managing or organising of the whole or a substantial part of those activities, and</p></content></level></level><level class="para1" eId="section-226-1-b"><num>(b)</num><content><p>each officer of the tax adviser who is not within paragraph (a).</p></content></level></subsection><subsection eId="section-226-2"><num>(2)</num><intro><p>For the purposes of this Chapter “<term refersTo="#term-relevant-individual" eId="term-relevant-individual">relevant individual</term>”, in relation to a tax adviser that is an organisation with six or more officers, means—</p></intro><level class="para1" eId="section-226-2-a"><num>(a)</num><intro><p>each individual who works for the tax adviser and who plays a significant role in—</p></intro><level class="para2" eId="section-226-2-a-i"><num>(i)</num><content><p>the making of decisions about how the whole or a substantial part of the tax adviser activities of the organisation are to be managed or organised, or</p></content></level><level class="para2" eId="section-226-2-a-ii"><num>(ii)</num><content><p>the actual managing or organising of the whole or a substantial part of those activities, and</p></content></level></level><level class="para1" eId="section-226-2-b"><num>(b)</num><content><p>if the organisation has fewer than five officers within paragraph <ref href="#section-226-2-a">(a)</ref>, each officer of the tax adviser nominated by the adviser to be a relevant individual (see section <ref href="#section-227">227</ref><ref href="#section-227-4">(4)</ref> (registration conditions)).</p></content></level></subsection><subsection eId="section-226-3"><num>(3)</num><intro><p>In this Chapter “<term refersTo="#term-officer" eId="term-officer">officer</term>” means—</p></intro><level class="para1" eId="section-226-3-a"><num>(a)</num><content><p>in relation to a company, a director;</p></content></level><level class="para1" eId="section-226-3-b"><num>(b)</num><content><p>in relation to a body corporate whose affairs are managed by its members, a member who exercises functions of management with respect to it;</p></content></level><level class="para1" eId="section-226-3-c"><num>(c)</num><content><p>in relation to a body corporate not within paragraph <ref href="#section-226-3-a">(a)</ref> or <ref href="#section-226-3-b">(b)</ref>, an officer of the body whose functions correspond to those of a director of a company;</p></content></level><level class="para1" eId="section-226-3-d"><num>(d)</num><content><p>in relation to a partnership, a partner;</p></content></level><level class="para1" eId="section-226-3-e"><num>(e)</num><content><p>in relation to any other organisation, a person who exercises functions of management with respect to it.</p></content></level></subsection></section><section eId="section-227"><num>227</num><heading>Registration conditions</heading><subsection eId="section-227-1"><num>(1)</num><content><p>A reference in this Chapter to the registration conditions is to the following three conditions.</p></content></subsection><subsection eId="section-227-2"><num>(2)</num><intro><p>The first registration condition is that the tax adviser and, if the adviser is an organisation, each of the adviser’s relevant individuals—</p></intro><level class="para1" eId="section-227-2-a"><num>(a)</num><content><p>does not have a relevant amount overdue or a relevant return outstanding,</p></content></level><level class="para1" eId="section-227-2-b"><num>(b)</num><content><p>is not subject to a decision by HMRC to refuse to deal with them,</p></content></level><level class="para1" eId="section-227-2-c"><num>(c)</num><content><p>is not subject to a relevant anti-avoidance measure,</p></content></level><level class="para1" eId="section-227-2-d"><num>(d)</num><content><p>has not, in the previous 12 months, had a relevant anti-avoidance penalty imposed on them,</p></content></level><level class="para1" eId="section-227-2-e"><num>(e)</num><content><p>is not subject to a relevant suspension or a relevant ineligibility order,</p></content></level><level class="para1" eId="section-227-2-f"><num>(f)</num><content><p>is not disqualified under the directors disqualification legislation or subject to a similar disqualification in a territory outside the United Kingdom,</p></content></level><level class="para1" eId="section-227-2-g"><num>(g)</num><content><p>does not have an insolvency practitioner acting in relation to them, and</p></content></level><level class="para1" eId="section-227-2-h"><num>(h)</num><content><p>does not have an unspent conviction for a relevant offence (see section <ref href="#section-229">229</ref> (offences)).</p></content></level></subsection><subsection eId="section-227-3"><num>(3)</num><intro><p>The second registration condition is that the adviser—</p></intro><level class="para1" eId="section-227-3-a"><num>(a)</num><content><p>is registered with a supervisory authority for the purposes of anti-money laundering supervision, or</p></content></level><level class="para1" eId="section-227-3-b"><num>(b)</num><content><p>meets such conditions about applying to register with a supervisory authority for those purposes as may be specified in a notice published by HMRC.</p></content></level></subsection><subsection eId="section-227-4"><num>(4)</num><content><p>The third registration condition is that, if the adviser is an organisation within section <ref href="#section-226">226</ref><ref href="#section-226-2">(2)</ref><ref href="#section-226-2-b">(b)</ref> (organisations with six or more officers etc), the adviser has nominated as many officers to be relevant individuals as are necessary to ensure that the adviser has at least five relevant individuals who are officers.</p></content></subsection></section><section eId="section-228"><num>228</num><heading>Registration conditions: interpretation</heading><subsection eId="section-228-1"><num>(1)</num><intro><p>In section <ref href="#section-227">227</ref> and this section, “relevant amount”, other than in relation to a person within subsection <ref href="#section-228-2">(2)</ref>, means an amount of—</p></intro><level class="para1" eId="section-228-1-a"><num>(a)</num><content><p>tax payable to HMRC;</p></content></level><level class="para1" eId="section-228-1-b"><num>(b)</num><content><p>national insurance contributions;</p></content></level><level class="para1" eId="section-228-1-c"><num>(c)</num><content><p>devolved tax corresponding to a tax payable to HMRC or to national insurance contributions;</p></content></level><level class="para1" eId="section-228-1-d"><num>(d)</num><content><p>a civil penalty relating to a tax mentioned in paragraph <ref href="#section-228-1-a">(a)</ref> or <ref href="#section-228-1-c">(c)</ref> or to national insurance contributions;</p></content></level><level class="para1" eId="section-228-1-e"><num>(e)</num><content><p>a civil penalty (not within paragraph (d)) relating to an obligation contained in a provision made by or under any enactment relating to tax;</p></content></level><level class="para1" eId="section-228-1-f"><num>(f)</num><content><p>interest on an amount within paragraphs <ref href="#section-228-1-a">(a)</ref> to <ref href="#section-228-1-e">(e)</ref>.</p></content></level></subsection><subsection eId="section-228-2"><num>(2)</num><intro><p>A person is within this subsection if, in the previous 12 months, the person—</p></intro><level class="para1" eId="section-228-2-a"><num>(a)</num><content><p>was not liable to pay an amount within subsection <ref href="#section-228-1">(1)</ref><ref href="#section-228-1-a">(a)</ref> to <ref href="#section-228-1-f">(f)</ref>, and</p></content></level><level class="para1" eId="section-228-2-b"><num>(b)</num><content><p>was liable to pay an amount corresponding to an amount within subsection <ref href="#section-228-1">(1)</ref><ref href="#section-228-1-a">(a)</ref> to <ref href="#section-228-1-f">(f)</ref> under the law of a territory outside the United Kingdom.</p></content></level></subsection><subsection eId="section-228-3"><num>(3)</num><intro><p>In relation to a person within subsection <ref href="#section-228-2">(2)</ref>, “<term refersTo="#term-relevant-amount" eId="term-relevant-amount">relevant amount</term>” means an amount corresponding to an amount within subsection <ref href="#section-228-1">(1)</ref><ref href="#section-228-1-a">(a)</ref> to <ref href="#section-228-1-f">(f)</ref> that the person is liable to pay—</p></intro><level class="para1" eId="section-228-3-a"><num>(a)</num><content><p>under the law of the territory mentioned in subsection <ref href="#section-228-2">(2)</ref><ref href="#section-228-2-b">(b)</ref>, or</p></content></level><level class="para1" eId="section-228-3-b"><num>(b)</num><content><p>if the person was, during the 12-month period, liable to pay such an amount under the law of more than one territory outside the United Kingdom, under whichever of those territories the person earned the most income in relation to tax adviser activities during the 12-month period.</p></content></level></subsection><subsection eId="section-228-4"><num>(4)</num><intro><p>For the purposes of section <ref href="#section-227">227</ref><ref href="#section-227-2">(2)</ref><ref href="#section-227-2-a">(a)</ref>—</p></intro><level class="para1" eId="section-228-4-a"><num>(a)</num><content><p>a relevant amount is overdue if the amount has become due and payable but the amount has not been paid;</p></content></level><level class="para1" eId="section-228-4-b"><num>(b)</num><content><p>a relevant return is outstanding if the return is required to have been made or delivered but it has not been made or delivered.</p></content></level></subsection><subsection eId="section-228-5"><num>(5)</num><content><p>But a relevant amount is not overdue if it is subject to a time to pay agreement that has not been broken.</p></content></subsection><subsection eId="section-228-6"><num>(6)</num><intro><p>For the purposes of section <ref href="#section-227">227</ref><ref href="#section-227-2">(2)</ref><ref href="#section-227-2-c">(c)</ref>, a person is subject to a “relevant anti-avoidance measure” if—</p></intro><level class="para1" eId="section-228-6-a"><num>(a)</num><content><p>the person is subject to a stop notice given under section 236A of FA 2014 (power to give stop notices);</p></content></level><level class="para1" eId="section-228-6-b"><num>(b)</num><content><p>the person is subject to a monitoring notice given under section 244 of FA 2014 (monitoring notices: content and issuing);</p></content></level><level class="para1" eId="section-228-6-c"><num>(c)</num><content><p>information about the person has been published under paragraph 46 of Schedule 16 of F(No.2)A 2017 (penalties for enablers of defeated tax avoidance) and the information has not been withdrawn;</p></content></level><level class="para1" eId="section-228-6-d"><num>(d)</num><content><p>information identifying or about the person has been published under section 86(1) of FA 2022 (publication by HMRC of information about tax avoidance schemes) and the information has not been withdrawn.</p></content></level></subsection><subsection eId="section-228-7"><num>(7)</num><intro><p>In section <ref href="#section-227">227</ref> and this section “<term refersTo="#term-relevant-anti-avoidance-penalty" eId="term-relevant-anti-avoidance-penalty">relevant anti-avoidance penalty</term>” means a penalty under any of the following—</p></intro><level class="para1" eId="section-228-7-a"><num>(a)</num><content><p>paragraph 2(1) of Schedule 35 to FA 2014 in respect of a failure to comply with section 236B(1) of that Act (stop notices);</p></content></level><level class="para1" eId="section-228-7-b"><num>(b)</num><content><p>paragraph 1 of Schedule 16 to F(No.2)A 2017 (penalties for enablers of defeated tax avoidance);</p></content></level><level class="para1" eId="section-228-7-c"><num>(c)</num><content><p>section <ref href="#section-162">162</ref> (ban on promotion of certain tax arrangements).</p></content></level></subsection><subsection eId="section-228-8"><num>(8)</num><content><p>For the purposes of section <ref href="#section-227">227</ref><ref href="#section-227-2">(2)</ref><ref href="#section-227-2-d">(d)</ref>, if a relevant anti-avoidance penalty is imposed on a person and the penalty is at any time subsequently set aside or otherwise cancelled, the penalty is to be treated from that time as if it was not imposed on the person.</p></content></subsection><subsection eId="section-228-9"><num>(9)</num><content><p>For the purposes of section <ref href="#section-227">227</ref><ref href="#section-227-2">(2)</ref><ref href="#section-227-2-e">(e)</ref>, a person is subject to a relevant suspension if the person’s registration under this Chapter is suspended under section <ref href="#section-232">232</ref> (suspension of registration).</p></content></subsection><subsection eId="section-228-10"><num>(10)</num><intro><p>In section <ref href="#section-227">227</ref> and this section—</p></intro><hcontainer name="definition"><content><p>“<term refersTo="#term-devolved-tax" eId="term-devolved-tax">devolved tax</term>” means a devolved tax within the meaning of the Scotland Act 1998 (see section 80A of that Act) or the Government of Wales Act 2006 (see section 116A of that Act);</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-disqualified-under-the-directors-disqualification-legislation" eId="term-disqualified-under-the-directors-disqualification-legislation">disqualified under the directors disqualification legislation</term>” has the same meaning as in the Companies Act 2006 (see section 159A of that Act);</p></content></hcontainer><hcontainer name="definition"><intro><p>“<term refersTo="#term-insolvency-practitioner" eId="term-insolvency-practitioner">insolvency practitioner</term>” means—</p></intro><level class="para1"><num>(a)</num><content><p>a person who acts as an insolvency practitioner within the meaning of section 388 of the Insolvency Act 1986 or article 3 of the Insolvency (Northern Ireland) Order 1989, or</p></content></level><level class="para1"><num>(b)</num><content><p>a person in a territory outside the United Kingdom who exercises functions similar to those of a person mentioned in paragraph (a);</p></content></level></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-relevant-ineligibility-order" eId="term-relevant-ineligibility-order">relevant ineligibility order</term>” means a temporary or permanent ineligibility order issued under section <ref href="#section-236">236</ref> or <ref href="#section-237">237</ref> (ineligibility orders);</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-relevant-return" eId="term-relevant-return">relevant return</term>” means a return relating to a relevant amount;</p></content></hcontainer><hcontainer name="definition"><intro><p>“<term refersTo="#term-supervisory-authority" eId="term-supervisory-authority">supervisory authority</term>” means—</p></intro><level class="para1"><num>(a)</num><content><p>a supervisory authority within the meaning given by regulation 3(1) of the Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017 (<ref eId="c00375" href="http://www.legislation.gov.uk/id/uksi/2017/692">S.I. 2017/692</ref>), or</p></content></level><level class="para1"><num>(b)</num><content><p>an authority in a territory outside the United Kingdom which exercises functions similar to those of an authority mentioned in paragraph (a);</p></content></level></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-time-to-pay-agreement" eId="term-time-to-pay-agreement">time to pay agreement</term>” means an agreement between HMRC and a person that payment of an amount may, subject to the person complying with any conditions determined by HMRC, be deferred for a period.</p></content></hcontainer></subsection></section><section eId="section-229"><num>229</num><heading>Registration conditions: offences</heading><subsection eId="section-229-1"><num>(1)</num><intro><p>The reference in section <ref href="#section-227">227</ref><ref href="#section-227-2">(2)</ref><ref href="#section-227-2-h">(h)</ref> to a relevant offence is to any of the following offences—</p></intro><level class="para1" eId="section-229-1-a"><num>(a)</num><content><p>an offence under section 20BB of TMA 1970 (falsification of documents);</p></content></level><level class="para1" eId="section-229-1-b"><num>(b)</num><content><p>an offence under CEMA 1979;</p></content></level><level class="para1" eId="section-229-1-c"><num>(c)</num><content><p>an offence under section 112 (false representations for obtaining benefit) or section 114 (offences relating to contributions) of the Social Security Administration Act 1992;</p></content></level><level class="para1" eId="section-229-1-d"><num>(d)</num><content><p>an offence under VATA 1994;</p></content></level><level class="para1" eId="section-229-1-e"><num>(e)</num><content><p>an offence under section 35 of the Tax Credits Act 2002 (offence of fraud);</p></content></level><level class="para1" eId="section-229-1-f"><num>(f)</num><content><p>an offence under CRCA 2005;</p></content></level><level class="para1" eId="section-229-1-g"><num>(g)</num><content><p>an offence under section 45 or 46 of the Criminal Finances Act 2017 (failure to prevent facilitation of tax evasion offences);</p></content></level><level class="para1" eId="section-229-1-h"><num>(h)</num><content><p>an offence at common law of cheating the public revenue;</p></content></level><level class="para1" eId="section-229-1-i"><num>(i)</num><content><p>an offence under the law of any part of the United Kingdom consisting of being knowingly concerned in, or in taking steps with a view to, the fraudulent evasion of tax;</p></content></level><level class="para1" eId="section-229-1-j"><num>(j)</num><content><p>an offence of aiding, abetting, counselling or procuring the commission of an offence mentioned in paragraphs <ref href="#section-229-1-a">(a)</ref> to <ref href="#section-229-1-i">(i)</ref>;</p></content></level><level class="para1" eId="section-229-1-k"><num>(k)</num><content><p>an offence under the law of a territory outside the United Kingdom which would be an offence otherwise referred to in this section if the conduct constituting that offence was carried out in any part of the United Kingdom.</p></content></level></subsection><subsection eId="section-229-2"><num>(2)</num><content><p>For the purposes of subsection <ref href="#section-229-1">(1)</ref><ref href="#section-229-1-k">(k)</ref>, an act punishable under the law of a territory outside the United Kingdom constitutes an offence under that law, however it is described in that law.</p></content></subsection></section><section eId="section-230"><num>230</num><heading>Registration of tax advisers etc</heading><subsection eId="section-230-1"><num>(1)</num><intro><p>Where a tax adviser applies to be registered under this Chapter in accordance with section <ref href="#section-225">225</ref> (application for registration), an officer of Revenue and Customs must—</p></intro><level class="para1" eId="section-230-1-a"><num>(a)</num><content><p>decide whether to approve the application;</p></content></level><level class="para1" eId="section-230-1-b"><num>(b)</num><intro><p>notify the tax adviser of the decision and—</p></intro><level class="para2" eId="section-230-1-b-i"><num>(i)</num><content><p>where the application is approved, of the date from which the registration has effect, and</p></content></level><level class="para2" eId="section-230-1-b-ii"><num>(ii)</num><content><p>where the application is not approved, of the reasons for the decision.</p></content></level></level></subsection><subsection eId="section-230-2"><num>(2)</num><content><p>The officer must approve the application if satisfied that the tax adviser meets the registration conditions.</p></content></subsection><subsection eId="section-230-3"><num>(3)</num><intro><p>The officer may otherwise approve the application only if—</p></intro><level class="para1" eId="section-230-3-a"><num>(a)</num><content><p>the tax adviser fails to meet the registration conditions solely by virtue of the adviser, or a relevant individual of the adviser, not meeting the condition in section <ref href="#section-227">227</ref><ref href="#section-227-2">(2)</ref><ref href="#section-227-2-a">(a)</ref> (amount of tax etc overdue), and</p></content></level><level class="para1" eId="section-230-3-b"><num>(b)</num><content><p>having regard to the relevant amount that is overdue or (as the case may be) the circumstances of the outstanding relevant return, the officer considers it appropriate to approve the application.</p></content></level><wrapUp><p>In this subsection “<term refersTo="#term-relevant-amount" eId="term-relevant-amount">relevant amount</term>” and “<term refersTo="#term-relevant-return" eId="term-relevant-return">relevant return</term>” have the same meaning as in section <ref href="#section-227">227</ref> (registration conditions).</p></wrapUp></subsection><subsection eId="section-230-4"><num>(4)</num><intro><p>An officer of Revenue and Customs may cancel the registration of a registered tax adviser if—</p></intro><level class="para1" eId="section-230-4-a"><num>(a)</num><content><p>the adviser requests the cancellation, or</p></content></level><level class="para1" eId="section-230-4-b"><num>(b)</num><content><p>the tax adviser has been wound up or dissolved or has died.</p></content></level></subsection></section></hcontainer>
<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-225"><num>225</num><heading>Application for registration</heading><subsection eId="section-225-1"><num>(1)</num><content><p>A tax adviser may apply to HMRC to be registered under this Chapter.</p></content></subsection><subsection eId="section-225-2"><num>(2)</num><content><p>An application must be made in the form and manner specified in a notice published by HMRC.</p></content></subsection><subsection eId="section-225-3"><num>(3)</num><intro><p>An application must contain the following—</p></intro><level class="para1" eId="section-225-3-a"><num>(a)</num><content><p>the name and address of the tax adviser;</p></content></level><level class="para1" eId="section-225-3-b"><num>(b)</num><content><p>if the tax adviser is an organisation, the name of each of the tax adviser’s relevant individuals (see section <ref href="#section-226">226</ref> (meaning of “relevant individual” etc));</p></content></level><level class="para1" eId="section-225-3-c"><num>(c)</num><intro><p>a statement—</p></intro><level class="para2" eId="section-225-3-c-i"><num>(i)</num><content><p>that the tax adviser meets the registration conditions (see section <ref href="#section-227">227</ref> (registration conditions)), or</p></content></level><level class="para2" eId="section-225-3-c-ii"><num>(ii)</num><content><p>explaining why those conditions are not met;</p></content></level></level><level class="para1" eId="section-225-3-d"><num>(d)</num><content><p>any other information or evidence relating to the tax adviser or the registration conditions that may be specified in a notice published by HMRC.</p></content></level></subsection><subsection eId="section-225-4"><num>(4)</num><content><p>A notice under subsection <ref href="#section-225-3">(3)</ref><ref href="#section-225-3-d">(d)</ref> may, in particular, specify different types of information or evidence for different descriptions of tax advisers (for example, for tax advisers who are established in, or who otherwise have a connection with, a territory outside the United Kingdom).</p></content></subsection></section>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-225-1"><num>(1)</num><content><p>A tax adviser may apply to HMRC to be registered under this Chapter.</p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-225-2"><num>(2)</num><content><p>An application must be made in the form and manner specified in a notice published by HMRC.</p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-225-3"><num>(3)</num><intro><p>An application must contain the following—</p></intro><level class="para1" eId="section-225-3-a"><num>(a)</num><content><p>the name and address of the tax adviser;</p></content></level><level class="para1" eId="section-225-3-b"><num>(b)</num><content><p>if the tax adviser is an organisation, the name of each of the tax adviser’s relevant individuals (see section <ref href="#section-226">226</ref> (meaning of “relevant individual” etc));</p></content></level><level class="para1" eId="section-225-3-c"><num>(c)</num><intro><p>a statement—</p></intro><level class="para2" eId="section-225-3-c-i"><num>(i)</num><content><p>that the tax adviser meets the registration conditions (see section <ref href="#section-227">227</ref> (registration conditions)), or</p></content></level><level class="para2" eId="section-225-3-c-ii"><num>(ii)</num><content><p>explaining why those conditions are not met;</p></content></level></level><level class="para1" eId="section-225-3-d"><num>(d)</num><content><p>any other information or evidence relating to the tax adviser or the registration conditions that may be specified in a notice published by HMRC.</p></content></level></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-225-3-a"><num>(a)</num><content><p>the name and address of the tax adviser;</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-225-3-b"><num>(b)</num><content><p>if the tax adviser is an organisation, the name of each of the tax adviser’s relevant individuals (see section <ref href="#section-226">226</ref> (meaning of “relevant individual” etc));</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-225-3-c"><num>(c)</num><intro><p>a statement—</p></intro><level class="para2" eId="section-225-3-c-i"><num>(i)</num><content><p>that the tax adviser meets the registration conditions (see section <ref href="#section-227">227</ref> (registration conditions)), or</p></content></level><level class="para2" eId="section-225-3-c-ii"><num>(ii)</num><content><p>explaining why those conditions are not met;</p></content></level></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para2" eId="section-225-3-c-i"><num>(i)</num><content><p>that the tax adviser meets the registration conditions (see section <ref href="#section-227">227</ref> (registration conditions)), or</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para2" eId="section-225-3-c-ii"><num>(ii)</num><content><p>explaining why those conditions are not met;</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-225-3-d"><num>(d)</num><content><p>any other information or evidence relating to the tax adviser or the registration conditions that may be specified in a notice published by HMRC.</p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-225-4"><num>(4)</num><content><p>A notice under subsection <ref href="#section-225-3">(3)</ref><ref href="#section-225-3-d">(d)</ref> may, in particular, specify different types of information or evidence for different descriptions of tax advisers (for example, for tax advisers who are established in, or who otherwise have a connection with, a territory outside the United Kingdom).</p></content></subsection>
<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-226"><num>226</num><heading>Meaning of “relevant individual” and “officer”</heading><subsection eId="section-226-1"><num>(1)</num><intro><p>For the purposes of this Chapter “<term refersTo="#term-relevant-individual" eId="term-relevant-individual">relevant individual</term>”, in relation to a tax adviser that is an organisation with fewer than six officers, means—</p></intro><level class="para1" eId="section-226-1-a"><num>(a)</num><intro><p>each individual who works for the tax adviser and who plays a significant role in—</p></intro><level class="para2" eId="section-226-1-a-i"><num>(i)</num><content><p>the making of decisions about how the whole or a substantial part of the tax adviser activities of the organisation are to be managed or organised, or</p></content></level><level class="para2" eId="section-226-1-a-ii"><num>(ii)</num><content><p>the actual managing or organising of the whole or a substantial part of those activities, and</p></content></level></level><level class="para1" eId="section-226-1-b"><num>(b)</num><content><p>each officer of the tax adviser who is not within paragraph (a).</p></content></level></subsection><subsection eId="section-226-2"><num>(2)</num><intro><p>For the purposes of this Chapter “<term refersTo="#term-relevant-individual" eId="term-relevant-individual">relevant individual</term>”, in relation to a tax adviser that is an organisation with six or more officers, means—</p></intro><level class="para1" eId="section-226-2-a"><num>(a)</num><intro><p>each individual who works for the tax adviser and who plays a significant role in—</p></intro><level class="para2" eId="section-226-2-a-i"><num>(i)</num><content><p>the making of decisions about how the whole or a substantial part of the tax adviser activities of the organisation are to be managed or organised, or</p></content></level><level class="para2" eId="section-226-2-a-ii"><num>(ii)</num><content><p>the actual managing or organising of the whole or a substantial part of those activities, and</p></content></level></level><level class="para1" eId="section-226-2-b"><num>(b)</num><content><p>if the organisation has fewer than five officers within paragraph <ref href="#section-226-2-a">(a)</ref>, each officer of the tax adviser nominated by the adviser to be a relevant individual (see section <ref href="#section-227">227</ref><ref href="#section-227-4">(4)</ref> (registration conditions)).</p></content></level></subsection><subsection eId="section-226-3"><num>(3)</num><intro><p>In this Chapter “<term refersTo="#term-officer" eId="term-officer">officer</term>” means—</p></intro><level class="para1" eId="section-226-3-a"><num>(a)</num><content><p>in relation to a company, a director;</p></content></level><level class="para1" eId="section-226-3-b"><num>(b)</num><content><p>in relation to a body corporate whose affairs are managed by its members, a member who exercises functions of management with respect to it;</p></content></level><level class="para1" eId="section-226-3-c"><num>(c)</num><content><p>in relation to a body corporate not within paragraph <ref href="#section-226-3-a">(a)</ref> or <ref href="#section-226-3-b">(b)</ref>, an officer of the body whose functions correspond to those of a director of a company;</p></content></level><level class="para1" eId="section-226-3-d"><num>(d)</num><content><p>in relation to a partnership, a partner;</p></content></level><level class="para1" eId="section-226-3-e"><num>(e)</num><content><p>in relation to any other organisation, a person who exercises functions of management with respect to it.</p></content></level></subsection></section>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-226-1"><num>(1)</num><intro><p>For the purposes of this Chapter “<term refersTo="#term-relevant-individual" eId="term-relevant-individual">relevant individual</term>”, in relation to a tax adviser that is an organisation with fewer than six officers, means—</p></intro><level class="para1" eId="section-226-1-a"><num>(a)</num><intro><p>each individual who works for the tax adviser and who plays a significant role in—</p></intro><level class="para2" eId="section-226-1-a-i"><num>(i)</num><content><p>the making of decisions about how the whole or a substantial part of the tax adviser activities of the organisation are to be managed or organised, or</p></content></level><level class="para2" eId="section-226-1-a-ii"><num>(ii)</num><content><p>the actual managing or organising of the whole or a substantial part of those activities, and</p></content></level></level><level class="para1" eId="section-226-1-b"><num>(b)</num><content><p>each officer of the tax adviser who is not within paragraph (a).</p></content></level></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-226-1-a"><num>(a)</num><intro><p>each individual who works for the tax adviser and who plays a significant role in—</p></intro><level class="para2" eId="section-226-1-a-i"><num>(i)</num><content><p>the making of decisions about how the whole or a substantial part of the tax adviser activities of the organisation are to be managed or organised, or</p></content></level><level class="para2" eId="section-226-1-a-ii"><num>(ii)</num><content><p>the actual managing or organising of the whole or a substantial part of those activities, and</p></content></level></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para2" eId="section-226-1-a-i"><num>(i)</num><content><p>the making of decisions about how the whole or a substantial part of the tax adviser activities of the organisation are to be managed or organised, or</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para2" eId="section-226-1-a-ii"><num>(ii)</num><content><p>the actual managing or organising of the whole or a substantial part of those activities, and</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-226-1-b"><num>(b)</num><content><p>each officer of the tax adviser who is not within paragraph (a).</p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-226-2"><num>(2)</num><intro><p>For the purposes of this Chapter “<term refersTo="#term-relevant-individual" eId="term-relevant-individual">relevant individual</term>”, in relation to a tax adviser that is an organisation with six or more officers, means—</p></intro><level class="para1" eId="section-226-2-a"><num>(a)</num><intro><p>each individual who works for the tax adviser and who plays a significant role in—</p></intro><level class="para2" eId="section-226-2-a-i"><num>(i)</num><content><p>the making of decisions about how the whole or a substantial part of the tax adviser activities of the organisation are to be managed or organised, or</p></content></level><level class="para2" eId="section-226-2-a-ii"><num>(ii)</num><content><p>the actual managing or organising of the whole or a substantial part of those activities, and</p></content></level></level><level class="para1" eId="section-226-2-b"><num>(b)</num><content><p>if the organisation has fewer than five officers within paragraph <ref href="#section-226-2-a">(a)</ref>, each officer of the tax adviser nominated by the adviser to be a relevant individual (see section <ref href="#section-227">227</ref><ref href="#section-227-4">(4)</ref> (registration conditions)).</p></content></level></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-226-2-a"><num>(a)</num><intro><p>each individual who works for the tax adviser and who plays a significant role in—</p></intro><level class="para2" eId="section-226-2-a-i"><num>(i)</num><content><p>the making of decisions about how the whole or a substantial part of the tax adviser activities of the organisation are to be managed or organised, or</p></content></level><level class="para2" eId="section-226-2-a-ii"><num>(ii)</num><content><p>the actual managing or organising of the whole or a substantial part of those activities, and</p></content></level></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para2" eId="section-226-2-a-i"><num>(i)</num><content><p>the making of decisions about how the whole or a substantial part of the tax adviser activities of the organisation are to be managed or organised, or</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para2" eId="section-226-2-a-ii"><num>(ii)</num><content><p>the actual managing or organising of the whole or a substantial part of those activities, and</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-226-2-b"><num>(b)</num><content><p>if the organisation has fewer than five officers within paragraph <ref href="#section-226-2-a">(a)</ref>, each officer of the tax adviser nominated by the adviser to be a relevant individual (see section <ref href="#section-227">227</ref><ref href="#section-227-4">(4)</ref> (registration conditions)).</p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-226-3"><num>(3)</num><intro><p>In this Chapter “<term refersTo="#term-officer" eId="term-officer">officer</term>” means—</p></intro><level class="para1" eId="section-226-3-a"><num>(a)</num><content><p>in relation to a company, a director;</p></content></level><level class="para1" eId="section-226-3-b"><num>(b)</num><content><p>in relation to a body corporate whose affairs are managed by its members, a member who exercises functions of management with respect to it;</p></content></level><level class="para1" eId="section-226-3-c"><num>(c)</num><content><p>in relation to a body corporate not within paragraph <ref href="#section-226-3-a">(a)</ref> or <ref href="#section-226-3-b">(b)</ref>, an officer of the body whose functions correspond to those of a director of a company;</p></content></level><level class="para1" eId="section-226-3-d"><num>(d)</num><content><p>in relation to a partnership, a partner;</p></content></level><level class="para1" eId="section-226-3-e"><num>(e)</num><content><p>in relation to any other organisation, a person who exercises functions of management with respect to it.</p></content></level></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-226-3-a"><num>(a)</num><content><p>in relation to a company, a director;</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-226-3-b"><num>(b)</num><content><p>in relation to a body corporate whose affairs are managed by its members, a member who exercises functions of management with respect to it;</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-226-3-c"><num>(c)</num><content><p>in relation to a body corporate not within paragraph <ref href="#section-226-3-a">(a)</ref> or <ref href="#section-226-3-b">(b)</ref>, an officer of the body whose functions correspond to those of a director of a company;</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-226-3-d"><num>(d)</num><content><p>in relation to a partnership, a partner;</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-226-3-e"><num>(e)</num><content><p>in relation to any other organisation, a person who exercises functions of management with respect to it.</p></content></level>
<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-227"><num>227</num><heading>Registration conditions</heading><subsection eId="section-227-1"><num>(1)</num><content><p>A reference in this Chapter to the registration conditions is to the following three conditions.</p></content></subsection><subsection eId="section-227-2"><num>(2)</num><intro><p>The first registration condition is that the tax adviser and, if the adviser is an organisation, each of the adviser’s relevant individuals—</p></intro><level class="para1" eId="section-227-2-a"><num>(a)</num><content><p>does not have a relevant amount overdue or a relevant return outstanding,</p></content></level><level class="para1" eId="section-227-2-b"><num>(b)</num><content><p>is not subject to a decision by HMRC to refuse to deal with them,</p></content></level><level class="para1" eId="section-227-2-c"><num>(c)</num><content><p>is not subject to a relevant anti-avoidance measure,</p></content></level><level class="para1" eId="section-227-2-d"><num>(d)</num><content><p>has not, in the previous 12 months, had a relevant anti-avoidance penalty imposed on them,</p></content></level><level class="para1" eId="section-227-2-e"><num>(e)</num><content><p>is not subject to a relevant suspension or a relevant ineligibility order,</p></content></level><level class="para1" eId="section-227-2-f"><num>(f)</num><content><p>is not disqualified under the directors disqualification legislation or subject to a similar disqualification in a territory outside the United Kingdom,</p></content></level><level class="para1" eId="section-227-2-g"><num>(g)</num><content><p>does not have an insolvency practitioner acting in relation to them, and</p></content></level><level class="para1" eId="section-227-2-h"><num>(h)</num><content><p>does not have an unspent conviction for a relevant offence (see section <ref href="#section-229">229</ref> (offences)).</p></content></level></subsection><subsection eId="section-227-3"><num>(3)</num><intro><p>The second registration condition is that the adviser—</p></intro><level class="para1" eId="section-227-3-a"><num>(a)</num><content><p>is registered with a supervisory authority for the purposes of anti-money laundering supervision, or</p></content></level><level class="para1" eId="section-227-3-b"><num>(b)</num><content><p>meets such conditions about applying to register with a supervisory authority for those purposes as may be specified in a notice published by HMRC.</p></content></level></subsection><subsection eId="section-227-4"><num>(4)</num><content><p>The third registration condition is that, if the adviser is an organisation within section <ref href="#section-226">226</ref><ref href="#section-226-2">(2)</ref><ref href="#section-226-2-b">(b)</ref> (organisations with six or more officers etc), the adviser has nominated as many officers to be relevant individuals as are necessary to ensure that the adviser has at least five relevant individuals who are officers.</p></content></subsection></section>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-227-1"><num>(1)</num><content><p>A reference in this Chapter to the registration conditions is to the following three conditions.</p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-227-2"><num>(2)</num><intro><p>The first registration condition is that the tax adviser and, if the adviser is an organisation, each of the adviser’s relevant individuals—</p></intro><level class="para1" eId="section-227-2-a"><num>(a)</num><content><p>does not have a relevant amount overdue or a relevant return outstanding,</p></content></level><level class="para1" eId="section-227-2-b"><num>(b)</num><content><p>is not subject to a decision by HMRC to refuse to deal with them,</p></content></level><level class="para1" eId="section-227-2-c"><num>(c)</num><content><p>is not subject to a relevant anti-avoidance measure,</p></content></level><level class="para1" eId="section-227-2-d"><num>(d)</num><content><p>has not, in the previous 12 months, had a relevant anti-avoidance penalty imposed on them,</p></content></level><level class="para1" eId="section-227-2-e"><num>(e)</num><content><p>is not subject to a relevant suspension or a relevant ineligibility order,</p></content></level><level class="para1" eId="section-227-2-f"><num>(f)</num><content><p>is not disqualified under the directors disqualification legislation or subject to a similar disqualification in a territory outside the United Kingdom,</p></content></level><level class="para1" eId="section-227-2-g"><num>(g)</num><content><p>does not have an insolvency practitioner acting in relation to them, and</p></content></level><level class="para1" eId="section-227-2-h"><num>(h)</num><content><p>does not have an unspent conviction for a relevant offence (see section <ref href="#section-229">229</ref> (offences)).</p></content></level></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-227-2-a"><num>(a)</num><content><p>does not have a relevant amount overdue or a relevant return outstanding,</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-227-2-b"><num>(b)</num><content><p>is not subject to a decision by HMRC to refuse to deal with them,</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-227-2-c"><num>(c)</num><content><p>is not subject to a relevant anti-avoidance measure,</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-227-2-d"><num>(d)</num><content><p>has not, in the previous 12 months, had a relevant anti-avoidance penalty imposed on them,</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-227-2-e"><num>(e)</num><content><p>is not subject to a relevant suspension or a relevant ineligibility order,</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-227-2-f"><num>(f)</num><content><p>is not disqualified under the directors disqualification legislation or subject to a similar disqualification in a territory outside the United Kingdom,</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-227-2-g"><num>(g)</num><content><p>does not have an insolvency practitioner acting in relation to them, and</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-227-2-h"><num>(h)</num><content><p>does not have an unspent conviction for a relevant offence (see section <ref href="#section-229">229</ref> (offences)).</p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-227-3"><num>(3)</num><intro><p>The second registration condition is that the adviser—</p></intro><level class="para1" eId="section-227-3-a"><num>(a)</num><content><p>is registered with a supervisory authority for the purposes of anti-money laundering supervision, or</p></content></level><level class="para1" eId="section-227-3-b"><num>(b)</num><content><p>meets such conditions about applying to register with a supervisory authority for those purposes as may be specified in a notice published by HMRC.</p></content></level></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-227-3-a"><num>(a)</num><content><p>is registered with a supervisory authority for the purposes of anti-money laundering supervision, or</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-227-3-b"><num>(b)</num><content><p>meets such conditions about applying to register with a supervisory authority for those purposes as may be specified in a notice published by HMRC.</p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-227-4"><num>(4)</num><content><p>The third registration condition is that, if the adviser is an organisation within section <ref href="#section-226">226</ref><ref href="#section-226-2">(2)</ref><ref href="#section-226-2-b">(b)</ref> (organisations with six or more officers etc), the adviser has nominated as many officers to be relevant individuals as are necessary to ensure that the adviser has at least five relevant individuals who are officers.</p></content></subsection>
<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-228"><num>228</num><heading>Registration conditions: interpretation</heading><subsection eId="section-228-1"><num>(1)</num><intro><p>In section <ref href="#section-227">227</ref> and this section, “relevant amount”, other than in relation to a person within subsection <ref href="#section-228-2">(2)</ref>, means an amount of—</p></intro><level class="para1" eId="section-228-1-a"><num>(a)</num><content><p>tax payable to HMRC;</p></content></level><level class="para1" eId="section-228-1-b"><num>(b)</num><content><p>national insurance contributions;</p></content></level><level class="para1" eId="section-228-1-c"><num>(c)</num><content><p>devolved tax corresponding to a tax payable to HMRC or to national insurance contributions;</p></content></level><level class="para1" eId="section-228-1-d"><num>(d)</num><content><p>a civil penalty relating to a tax mentioned in paragraph <ref href="#section-228-1-a">(a)</ref> or <ref href="#section-228-1-c">(c)</ref> or to national insurance contributions;</p></content></level><level class="para1" eId="section-228-1-e"><num>(e)</num><content><p>a civil penalty (not within paragraph (d)) relating to an obligation contained in a provision made by or under any enactment relating to tax;</p></content></level><level class="para1" eId="section-228-1-f"><num>(f)</num><content><p>interest on an amount within paragraphs <ref href="#section-228-1-a">(a)</ref> to <ref href="#section-228-1-e">(e)</ref>.</p></content></level></subsection><subsection eId="section-228-2"><num>(2)</num><intro><p>A person is within this subsection if, in the previous 12 months, the person—</p></intro><level class="para1" eId="section-228-2-a"><num>(a)</num><content><p>was not liable to pay an amount within subsection <ref href="#section-228-1">(1)</ref><ref href="#section-228-1-a">(a)</ref> to <ref href="#section-228-1-f">(f)</ref>, and</p></content></level><level class="para1" eId="section-228-2-b"><num>(b)</num><content><p>was liable to pay an amount corresponding to an amount within subsection <ref href="#section-228-1">(1)</ref><ref href="#section-228-1-a">(a)</ref> to <ref href="#section-228-1-f">(f)</ref> under the law of a territory outside the United Kingdom.</p></content></level></subsection><subsection eId="section-228-3"><num>(3)</num><intro><p>In relation to a person within subsection <ref href="#section-228-2">(2)</ref>, “<term refersTo="#term-relevant-amount" eId="term-relevant-amount">relevant amount</term>” means an amount corresponding to an amount within subsection <ref href="#section-228-1">(1)</ref><ref href="#section-228-1-a">(a)</ref> to <ref href="#section-228-1-f">(f)</ref> that the person is liable to pay—</p></intro><level class="para1" eId="section-228-3-a"><num>(a)</num><content><p>under the law of the territory mentioned in subsection <ref href="#section-228-2">(2)</ref><ref href="#section-228-2-b">(b)</ref>, or</p></content></level><level class="para1" eId="section-228-3-b"><num>(b)</num><content><p>if the person was, during the 12-month period, liable to pay such an amount under the law of more than one territory outside the United Kingdom, under whichever of those territories the person earned the most income in relation to tax adviser activities during the 12-month period.</p></content></level></subsection><subsection eId="section-228-4"><num>(4)</num><intro><p>For the purposes of section <ref href="#section-227">227</ref><ref href="#section-227-2">(2)</ref><ref href="#section-227-2-a">(a)</ref>—</p></intro><level class="para1" eId="section-228-4-a"><num>(a)</num><content><p>a relevant amount is overdue if the amount has become due and payable but the amount has not been paid;</p></content></level><level class="para1" eId="section-228-4-b"><num>(b)</num><content><p>a relevant return is outstanding if the return is required to have been made or delivered but it has not been made or delivered.</p></content></level></subsection><subsection eId="section-228-5"><num>(5)</num><content><p>But a relevant amount is not overdue if it is subject to a time to pay agreement that has not been broken.</p></content></subsection><subsection eId="section-228-6"><num>(6)</num><intro><p>For the purposes of section <ref href="#section-227">227</ref><ref href="#section-227-2">(2)</ref><ref href="#section-227-2-c">(c)</ref>, a person is subject to a “relevant anti-avoidance measure” if—</p></intro><level class="para1" eId="section-228-6-a"><num>(a)</num><content><p>the person is subject to a stop notice given under section 236A of FA 2014 (power to give stop notices);</p></content></level><level class="para1" eId="section-228-6-b"><num>(b)</num><content><p>the person is subject to a monitoring notice given under section 244 of FA 2014 (monitoring notices: content and issuing);</p></content></level><level class="para1" eId="section-228-6-c"><num>(c)</num><content><p>information about the person has been published under paragraph 46 of Schedule 16 of F(No.2)A 2017 (penalties for enablers of defeated tax avoidance) and the information has not been withdrawn;</p></content></level><level class="para1" eId="section-228-6-d"><num>(d)</num><content><p>information identifying or about the person has been published under section 86(1) of FA 2022 (publication by HMRC of information about tax avoidance schemes) and the information has not been withdrawn.</p></content></level></subsection><subsection eId="section-228-7"><num>(7)</num><intro><p>In section <ref href="#section-227">227</ref> and this section “<term refersTo="#term-relevant-anti-avoidance-penalty" eId="term-relevant-anti-avoidance-penalty">relevant anti-avoidance penalty</term>” means a penalty under any of the following—</p></intro><level class="para1" eId="section-228-7-a"><num>(a)</num><content><p>paragraph 2(1) of Schedule 35 to FA 2014 in respect of a failure to comply with section 236B(1) of that Act (stop notices);</p></content></level><level class="para1" eId="section-228-7-b"><num>(b)</num><content><p>paragraph 1 of Schedule 16 to F(No.2)A 2017 (penalties for enablers of defeated tax avoidance);</p></content></level><level class="para1" eId="section-228-7-c"><num>(c)</num><content><p>section <ref href="#section-162">162</ref> (ban on promotion of certain tax arrangements).</p></content></level></subsection><subsection eId="section-228-8"><num>(8)</num><content><p>For the purposes of section <ref href="#section-227">227</ref><ref href="#section-227-2">(2)</ref><ref href="#section-227-2-d">(d)</ref>, if a relevant anti-avoidance penalty is imposed on a person and the penalty is at any time subsequently set aside or otherwise cancelled, the penalty is to be treated from that time as if it was not imposed on the person.</p></content></subsection><subsection eId="section-228-9"><num>(9)</num><content><p>For the purposes of section <ref href="#section-227">227</ref><ref href="#section-227-2">(2)</ref><ref href="#section-227-2-e">(e)</ref>, a person is subject to a relevant suspension if the person’s registration under this Chapter is suspended under section <ref href="#section-232">232</ref> (suspension of registration).</p></content></subsection><subsection eId="section-228-10"><num>(10)</num><intro><p>In section <ref href="#section-227">227</ref> and this section—</p></intro><hcontainer name="definition"><content><p>“<term refersTo="#term-devolved-tax" eId="term-devolved-tax">devolved tax</term>” means a devolved tax within the meaning of the Scotland Act 1998 (see section 80A of that Act) or the Government of Wales Act 2006 (see section 116A of that Act);</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-disqualified-under-the-directors-disqualification-legislation" eId="term-disqualified-under-the-directors-disqualification-legislation">disqualified under the directors disqualification legislation</term>” has the same meaning as in the Companies Act 2006 (see section 159A of that Act);</p></content></hcontainer><hcontainer name="definition"><intro><p>“<term refersTo="#term-insolvency-practitioner" eId="term-insolvency-practitioner">insolvency practitioner</term>” means—</p></intro><level class="para1"><num>(a)</num><content><p>a person who acts as an insolvency practitioner within the meaning of section 388 of the Insolvency Act 1986 or article 3 of the Insolvency (Northern Ireland) Order 1989, or</p></content></level><level class="para1"><num>(b)</num><content><p>a person in a territory outside the United Kingdom who exercises functions similar to those of a person mentioned in paragraph (a);</p></content></level></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-relevant-ineligibility-order" eId="term-relevant-ineligibility-order">relevant ineligibility order</term>” means a temporary or permanent ineligibility order issued under section <ref href="#section-236">236</ref> or <ref href="#section-237">237</ref> (ineligibility orders);</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-relevant-return" eId="term-relevant-return">relevant return</term>” means a return relating to a relevant amount;</p></content></hcontainer><hcontainer name="definition"><intro><p>“<term refersTo="#term-supervisory-authority" eId="term-supervisory-authority">supervisory authority</term>” means—</p></intro><level class="para1"><num>(a)</num><content><p>a supervisory authority within the meaning given by regulation 3(1) of the Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017 (<ref eId="c00375" href="http://www.legislation.gov.uk/id/uksi/2017/692">S.I. 2017/692</ref>), or</p></content></level><level class="para1"><num>(b)</num><content><p>an authority in a territory outside the United Kingdom which exercises functions similar to those of an authority mentioned in paragraph (a);</p></content></level></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-time-to-pay-agreement" eId="term-time-to-pay-agreement">time to pay agreement</term>” means an agreement between HMRC and a person that payment of an amount may, subject to the person complying with any conditions determined by HMRC, be deferred for a period.</p></content></hcontainer></subsection></section>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-228-1"><num>(1)</num><intro><p>In section <ref href="#section-227">227</ref> and this section, “relevant amount”, other than in relation to a person within subsection <ref href="#section-228-2">(2)</ref>, means an amount of—</p></intro><level class="para1" eId="section-228-1-a"><num>(a)</num><content><p>tax payable to HMRC;</p></content></level><level class="para1" eId="section-228-1-b"><num>(b)</num><content><p>national insurance contributions;</p></content></level><level class="para1" eId="section-228-1-c"><num>(c)</num><content><p>devolved tax corresponding to a tax payable to HMRC or to national insurance contributions;</p></content></level><level class="para1" eId="section-228-1-d"><num>(d)</num><content><p>a civil penalty relating to a tax mentioned in paragraph <ref href="#section-228-1-a">(a)</ref> or <ref href="#section-228-1-c">(c)</ref> or to national insurance contributions;</p></content></level><level class="para1" eId="section-228-1-e"><num>(e)</num><content><p>a civil penalty (not within paragraph (d)) relating to an obligation contained in a provision made by or under any enactment relating to tax;</p></content></level><level class="para1" eId="section-228-1-f"><num>(f)</num><content><p>interest on an amount within paragraphs <ref href="#section-228-1-a">(a)</ref> to <ref href="#section-228-1-e">(e)</ref>.</p></content></level></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-228-1-a"><num>(a)</num><content><p>tax payable to HMRC;</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-228-1-b"><num>(b)</num><content><p>national insurance contributions;</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-228-1-c"><num>(c)</num><content><p>devolved tax corresponding to a tax payable to HMRC or to national insurance contributions;</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-228-1-d"><num>(d)</num><content><p>a civil penalty relating to a tax mentioned in paragraph <ref href="#section-228-1-a">(a)</ref> or <ref href="#section-228-1-c">(c)</ref> or to national insurance contributions;</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-228-1-e"><num>(e)</num><content><p>a civil penalty (not within paragraph (d)) relating to an obligation contained in a provision made by or under any enactment relating to tax;</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-228-1-f"><num>(f)</num><content><p>interest on an amount within paragraphs <ref href="#section-228-1-a">(a)</ref> to <ref href="#section-228-1-e">(e)</ref>.</p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-228-2"><num>(2)</num><intro><p>A person is within this subsection if, in the previous 12 months, the person—</p></intro><level class="para1" eId="section-228-2-a"><num>(a)</num><content><p>was not liable to pay an amount within subsection <ref href="#section-228-1">(1)</ref><ref href="#section-228-1-a">(a)</ref> to <ref href="#section-228-1-f">(f)</ref>, and</p></content></level><level class="para1" eId="section-228-2-b"><num>(b)</num><content><p>was liable to pay an amount corresponding to an amount within subsection <ref href="#section-228-1">(1)</ref><ref href="#section-228-1-a">(a)</ref> to <ref href="#section-228-1-f">(f)</ref> under the law of a territory outside the United Kingdom.</p></content></level></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-228-2-a"><num>(a)</num><content><p>was not liable to pay an amount within subsection <ref href="#section-228-1">(1)</ref><ref href="#section-228-1-a">(a)</ref> to <ref href="#section-228-1-f">(f)</ref>, and</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-228-2-b"><num>(b)</num><content><p>was liable to pay an amount corresponding to an amount within subsection <ref href="#section-228-1">(1)</ref><ref href="#section-228-1-a">(a)</ref> to <ref href="#section-228-1-f">(f)</ref> under the law of a territory outside the United Kingdom.</p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-228-3"><num>(3)</num><intro><p>In relation to a person within subsection <ref href="#section-228-2">(2)</ref>, “<term refersTo="#term-relevant-amount" eId="term-relevant-amount">relevant amount</term>” means an amount corresponding to an amount within subsection <ref href="#section-228-1">(1)</ref><ref href="#section-228-1-a">(a)</ref> to <ref href="#section-228-1-f">(f)</ref> that the person is liable to pay—</p></intro><level class="para1" eId="section-228-3-a"><num>(a)</num><content><p>under the law of the territory mentioned in subsection <ref href="#section-228-2">(2)</ref><ref href="#section-228-2-b">(b)</ref>, or</p></content></level><level class="para1" eId="section-228-3-b"><num>(b)</num><content><p>if the person was, during the 12-month period, liable to pay such an amount under the law of more than one territory outside the United Kingdom, under whichever of those territories the person earned the most income in relation to tax adviser activities during the 12-month period.</p></content></level></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-228-3-a"><num>(a)</num><content><p>under the law of the territory mentioned in subsection <ref href="#section-228-2">(2)</ref><ref href="#section-228-2-b">(b)</ref>, or</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-228-3-b"><num>(b)</num><content><p>if the person was, during the 12-month period, liable to pay such an amount under the law of more than one territory outside the United Kingdom, under whichever of those territories the person earned the most income in relation to tax adviser activities during the 12-month period.</p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-228-4"><num>(4)</num><intro><p>For the purposes of section <ref href="#section-227">227</ref><ref href="#section-227-2">(2)</ref><ref href="#section-227-2-a">(a)</ref>—</p></intro><level class="para1" eId="section-228-4-a"><num>(a)</num><content><p>a relevant amount is overdue if the amount has become due and payable but the amount has not been paid;</p></content></level><level class="para1" eId="section-228-4-b"><num>(b)</num><content><p>a relevant return is outstanding if the return is required to have been made or delivered but it has not been made or delivered.</p></content></level></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-228-4-a"><num>(a)</num><content><p>a relevant amount is overdue if the amount has become due and payable but the amount has not been paid;</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-228-4-b"><num>(b)</num><content><p>a relevant return is outstanding if the return is required to have been made or delivered but it has not been made or delivered.</p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-228-5"><num>(5)</num><content><p>But a relevant amount is not overdue if it is subject to a time to pay agreement that has not been broken.</p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-228-6"><num>(6)</num><intro><p>For the purposes of section <ref href="#section-227">227</ref><ref href="#section-227-2">(2)</ref><ref href="#section-227-2-c">(c)</ref>, a person is subject to a “relevant anti-avoidance measure” if—</p></intro><level class="para1" eId="section-228-6-a"><num>(a)</num><content><p>the person is subject to a stop notice given under section 236A of FA 2014 (power to give stop notices);</p></content></level><level class="para1" eId="section-228-6-b"><num>(b)</num><content><p>the person is subject to a monitoring notice given under section 244 of FA 2014 (monitoring notices: content and issuing);</p></content></level><level class="para1" eId="section-228-6-c"><num>(c)</num><content><p>information about the person has been published under paragraph 46 of Schedule 16 of F(No.2)A 2017 (penalties for enablers of defeated tax avoidance) and the information has not been withdrawn;</p></content></level><level class="para1" eId="section-228-6-d"><num>(d)</num><content><p>information identifying or about the person has been published under section 86(1) of FA 2022 (publication by HMRC of information about tax avoidance schemes) and the information has not been withdrawn.</p></content></level></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-228-6-a"><num>(a)</num><content><p>the person is subject to a stop notice given under section 236A of FA 2014 (power to give stop notices);</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-228-6-b"><num>(b)</num><content><p>the person is subject to a monitoring notice given under section 244 of FA 2014 (monitoring notices: content and issuing);</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-228-6-c"><num>(c)</num><content><p>information about the person has been published under paragraph 46 of Schedule 16 of F(No.2)A 2017 (penalties for enablers of defeated tax avoidance) and the information has not been withdrawn;</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-228-6-d"><num>(d)</num><content><p>information identifying or about the person has been published under section 86(1) of FA 2022 (publication by HMRC of information about tax avoidance schemes) and the information has not been withdrawn.</p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-228-7"><num>(7)</num><intro><p>In section <ref href="#section-227">227</ref> and this section “<term refersTo="#term-relevant-anti-avoidance-penalty" eId="term-relevant-anti-avoidance-penalty">relevant anti-avoidance penalty</term>” means a penalty under any of the following—</p></intro><level class="para1" eId="section-228-7-a"><num>(a)</num><content><p>paragraph 2(1) of Schedule 35 to FA 2014 in respect of a failure to comply with section 236B(1) of that Act (stop notices);</p></content></level><level class="para1" eId="section-228-7-b"><num>(b)</num><content><p>paragraph 1 of Schedule 16 to F(No.2)A 2017 (penalties for enablers of defeated tax avoidance);</p></content></level><level class="para1" eId="section-228-7-c"><num>(c)</num><content><p>section <ref href="#section-162">162</ref> (ban on promotion of certain tax arrangements).</p></content></level></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-228-7-a"><num>(a)</num><content><p>paragraph 2(1) of Schedule 35 to FA 2014 in respect of a failure to comply with section 236B(1) of that Act (stop notices);</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-228-7-b"><num>(b)</num><content><p>paragraph 1 of Schedule 16 to F(No.2)A 2017 (penalties for enablers of defeated tax avoidance);</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-228-7-c"><num>(c)</num><content><p>section <ref href="#section-162">162</ref> (ban on promotion of certain tax arrangements).</p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-228-8"><num>(8)</num><content><p>For the purposes of section <ref href="#section-227">227</ref><ref href="#section-227-2">(2)</ref><ref href="#section-227-2-d">(d)</ref>, if a relevant anti-avoidance penalty is imposed on a person and the penalty is at any time subsequently set aside or otherwise cancelled, the penalty is to be treated from that time as if it was not imposed on the person.</p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-228-9"><num>(9)</num><content><p>For the purposes of section <ref href="#section-227">227</ref><ref href="#section-227-2">(2)</ref><ref href="#section-227-2-e">(e)</ref>, a person is subject to a relevant suspension if the person’s registration under this Chapter is suspended under section <ref href="#section-232">232</ref> (suspension of registration).</p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-228-10"><num>(10)</num><intro><p>In section <ref href="#section-227">227</ref> and this section—</p></intro><hcontainer name="definition"><content><p>“<term refersTo="#term-devolved-tax" eId="term-devolved-tax">devolved tax</term>” means a devolved tax within the meaning of the Scotland Act 1998 (see section 80A of that Act) or the Government of Wales Act 2006 (see section 116A of that Act);</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-disqualified-under-the-directors-disqualification-legislation" eId="term-disqualified-under-the-directors-disqualification-legislation">disqualified under the directors disqualification legislation</term>” has the same meaning as in the Companies Act 2006 (see section 159A of that Act);</p></content></hcontainer><hcontainer name="definition"><intro><p>“<term refersTo="#term-insolvency-practitioner" eId="term-insolvency-practitioner">insolvency practitioner</term>” means—</p></intro><level class="para1"><num>(a)</num><content><p>a person who acts as an insolvency practitioner within the meaning of section 388 of the Insolvency Act 1986 or article 3 of the Insolvency (Northern Ireland) Order 1989, or</p></content></level><level class="para1"><num>(b)</num><content><p>a person in a territory outside the United Kingdom who exercises functions similar to those of a person mentioned in paragraph (a);</p></content></level></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-relevant-ineligibility-order" eId="term-relevant-ineligibility-order">relevant ineligibility order</term>” means a temporary or permanent ineligibility order issued under section <ref href="#section-236">236</ref> or <ref href="#section-237">237</ref> (ineligibility orders);</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-relevant-return" eId="term-relevant-return">relevant return</term>” means a return relating to a relevant amount;</p></content></hcontainer><hcontainer name="definition"><intro><p>“<term refersTo="#term-supervisory-authority" eId="term-supervisory-authority">supervisory authority</term>” means—</p></intro><level class="para1"><num>(a)</num><content><p>a supervisory authority within the meaning given by regulation 3(1) of the Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017 (<ref eId="c00375" href="http://www.legislation.gov.uk/id/uksi/2017/692">S.I. 2017/692</ref>), or</p></content></level><level class="para1"><num>(b)</num><content><p>an authority in a territory outside the United Kingdom which exercises functions similar to those of an authority mentioned in paragraph (a);</p></content></level></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-time-to-pay-agreement" eId="term-time-to-pay-agreement">time to pay agreement</term>” means an agreement between HMRC and a person that payment of an amount may, subject to the person complying with any conditions determined by HMRC, be deferred for a period.</p></content></hcontainer></subsection>
<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-229"><num>229</num><heading>Registration conditions: offences</heading><subsection eId="section-229-1"><num>(1)</num><intro><p>The reference in section <ref href="#section-227">227</ref><ref href="#section-227-2">(2)</ref><ref href="#section-227-2-h">(h)</ref> to a relevant offence is to any of the following offences—</p></intro><level class="para1" eId="section-229-1-a"><num>(a)</num><content><p>an offence under section 20BB of TMA 1970 (falsification of documents);</p></content></level><level class="para1" eId="section-229-1-b"><num>(b)</num><content><p>an offence under CEMA 1979;</p></content></level><level class="para1" eId="section-229-1-c"><num>(c)</num><content><p>an offence under section 112 (false representations for obtaining benefit) or section 114 (offences relating to contributions) of the Social Security Administration Act 1992;</p></content></level><level class="para1" eId="section-229-1-d"><num>(d)</num><content><p>an offence under VATA 1994;</p></content></level><level class="para1" eId="section-229-1-e"><num>(e)</num><content><p>an offence under section 35 of the Tax Credits Act 2002 (offence of fraud);</p></content></level><level class="para1" eId="section-229-1-f"><num>(f)</num><content><p>an offence under CRCA 2005;</p></content></level><level class="para1" eId="section-229-1-g"><num>(g)</num><content><p>an offence under section 45 or 46 of the Criminal Finances Act 2017 (failure to prevent facilitation of tax evasion offences);</p></content></level><level class="para1" eId="section-229-1-h"><num>(h)</num><content><p>an offence at common law of cheating the public revenue;</p></content></level><level class="para1" eId="section-229-1-i"><num>(i)</num><content><p>an offence under the law of any part of the United Kingdom consisting of being knowingly concerned in, or in taking steps with a view to, the fraudulent evasion of tax;</p></content></level><level class="para1" eId="section-229-1-j"><num>(j)</num><content><p>an offence of aiding, abetting, counselling or procuring the commission of an offence mentioned in paragraphs <ref href="#section-229-1-a">(a)</ref> to <ref href="#section-229-1-i">(i)</ref>;</p></content></level><level class="para1" eId="section-229-1-k"><num>(k)</num><content><p>an offence under the law of a territory outside the United Kingdom which would be an offence otherwise referred to in this section if the conduct constituting that offence was carried out in any part of the United Kingdom.</p></content></level></subsection><subsection eId="section-229-2"><num>(2)</num><content><p>For the purposes of subsection <ref href="#section-229-1">(1)</ref><ref href="#section-229-1-k">(k)</ref>, an act punishable under the law of a territory outside the United Kingdom constitutes an offence under that law, however it is described in that law.</p></content></subsection></section>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-229-1"><num>(1)</num><intro><p>The reference in section <ref href="#section-227">227</ref><ref href="#section-227-2">(2)</ref><ref href="#section-227-2-h">(h)</ref> to a relevant offence is to any of the following offences—</p></intro><level class="para1" eId="section-229-1-a"><num>(a)</num><content><p>an offence under section 20BB of TMA 1970 (falsification of documents);</p></content></level><level class="para1" eId="section-229-1-b"><num>(b)</num><content><p>an offence under CEMA 1979;</p></content></level><level class="para1" eId="section-229-1-c"><num>(c)</num><content><p>an offence under section 112 (false representations for obtaining benefit) or section 114 (offences relating to contributions) of the Social Security Administration Act 1992;</p></content></level><level class="para1" eId="section-229-1-d"><num>(d)</num><content><p>an offence under VATA 1994;</p></content></level><level class="para1" eId="section-229-1-e"><num>(e)</num><content><p>an offence under section 35 of the Tax Credits Act 2002 (offence of fraud);</p></content></level><level class="para1" eId="section-229-1-f"><num>(f)</num><content><p>an offence under CRCA 2005;</p></content></level><level class="para1" eId="section-229-1-g"><num>(g)</num><content><p>an offence under section 45 or 46 of the Criminal Finances Act 2017 (failure to prevent facilitation of tax evasion offences);</p></content></level><level class="para1" eId="section-229-1-h"><num>(h)</num><content><p>an offence at common law of cheating the public revenue;</p></content></level><level class="para1" eId="section-229-1-i"><num>(i)</num><content><p>an offence under the law of any part of the United Kingdom consisting of being knowingly concerned in, or in taking steps with a view to, the fraudulent evasion of tax;</p></content></level><level class="para1" eId="section-229-1-j"><num>(j)</num><content><p>an offence of aiding, abetting, counselling or procuring the commission of an offence mentioned in paragraphs <ref href="#section-229-1-a">(a)</ref> to <ref href="#section-229-1-i">(i)</ref>;</p></content></level><level class="para1" eId="section-229-1-k"><num>(k)</num><content><p>an offence under the law of a territory outside the United Kingdom which would be an offence otherwise referred to in this section if the conduct constituting that offence was carried out in any part of the United Kingdom.</p></content></level></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-229-1-a"><num>(a)</num><content><p>an offence under section 20BB of TMA 1970 (falsification of documents);</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-229-1-b"><num>(b)</num><content><p>an offence under CEMA 1979;</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-229-1-c"><num>(c)</num><content><p>an offence under section 112 (false representations for obtaining benefit) or section 114 (offences relating to contributions) of the Social Security Administration Act 1992;</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-229-1-d"><num>(d)</num><content><p>an offence under VATA 1994;</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-229-1-e"><num>(e)</num><content><p>an offence under section 35 of the Tax Credits Act 2002 (offence of fraud);</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-229-1-f"><num>(f)</num><content><p>an offence under CRCA 2005;</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-229-1-g"><num>(g)</num><content><p>an offence under section 45 or 46 of the Criminal Finances Act 2017 (failure to prevent facilitation of tax evasion offences);</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-229-1-h"><num>(h)</num><content><p>an offence at common law of cheating the public revenue;</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-229-1-i"><num>(i)</num><content><p>an offence under the law of any part of the United Kingdom consisting of being knowingly concerned in, or in taking steps with a view to, the fraudulent evasion of tax;</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-229-1-j"><num>(j)</num><content><p>an offence of aiding, abetting, counselling or procuring the commission of an offence mentioned in paragraphs <ref href="#section-229-1-a">(a)</ref> to <ref href="#section-229-1-i">(i)</ref>;</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-229-1-k"><num>(k)</num><content><p>an offence under the law of a territory outside the United Kingdom which would be an offence otherwise referred to in this section if the conduct constituting that offence was carried out in any part of the United Kingdom.</p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-229-2"><num>(2)</num><content><p>For the purposes of subsection <ref href="#section-229-1">(1)</ref><ref href="#section-229-1-k">(k)</ref>, an act punishable under the law of a territory outside the United Kingdom constitutes an offence under that law, however it is described in that law.</p></content></subsection>
<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-230"><num>230</num><heading>Registration of tax advisers etc</heading><subsection eId="section-230-1"><num>(1)</num><intro><p>Where a tax adviser applies to be registered under this Chapter in accordance with section <ref href="#section-225">225</ref> (application for registration), an officer of Revenue and Customs must—</p></intro><level class="para1" eId="section-230-1-a"><num>(a)</num><content><p>decide whether to approve the application;</p></content></level><level class="para1" eId="section-230-1-b"><num>(b)</num><intro><p>notify the tax adviser of the decision and—</p></intro><level class="para2" eId="section-230-1-b-i"><num>(i)</num><content><p>where the application is approved, of the date from which the registration has effect, and</p></content></level><level class="para2" eId="section-230-1-b-ii"><num>(ii)</num><content><p>where the application is not approved, of the reasons for the decision.</p></content></level></level></subsection><subsection eId="section-230-2"><num>(2)</num><content><p>The officer must approve the application if satisfied that the tax adviser meets the registration conditions.</p></content></subsection><subsection eId="section-230-3"><num>(3)</num><intro><p>The officer may otherwise approve the application only if—</p></intro><level class="para1" eId="section-230-3-a"><num>(a)</num><content><p>the tax adviser fails to meet the registration conditions solely by virtue of the adviser, or a relevant individual of the adviser, not meeting the condition in section <ref href="#section-227">227</ref><ref href="#section-227-2">(2)</ref><ref href="#section-227-2-a">(a)</ref> (amount of tax etc overdue), and</p></content></level><level class="para1" eId="section-230-3-b"><num>(b)</num><content><p>having regard to the relevant amount that is overdue or (as the case may be) the circumstances of the outstanding relevant return, the officer considers it appropriate to approve the application.</p></content></level><wrapUp><p>In this subsection “<term refersTo="#term-relevant-amount" eId="term-relevant-amount">relevant amount</term>” and “<term refersTo="#term-relevant-return" eId="term-relevant-return">relevant return</term>” have the same meaning as in section <ref href="#section-227">227</ref> (registration conditions).</p></wrapUp></subsection><subsection eId="section-230-4"><num>(4)</num><intro><p>An officer of Revenue and Customs may cancel the registration of a registered tax adviser if—</p></intro><level class="para1" eId="section-230-4-a"><num>(a)</num><content><p>the adviser requests the cancellation, or</p></content></level><level class="para1" eId="section-230-4-b"><num>(b)</num><content><p>the tax adviser has been wound up or dissolved or has died.</p></content></level></subsection></section>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-230-1"><num>(1)</num><intro><p>Where a tax adviser applies to be registered under this Chapter in accordance with section <ref href="#section-225">225</ref> (application for registration), an officer of Revenue and Customs must—</p></intro><level class="para1" eId="section-230-1-a"><num>(a)</num><content><p>decide whether to approve the application;</p></content></level><level class="para1" eId="section-230-1-b"><num>(b)</num><intro><p>notify the tax adviser of the decision and—</p></intro><level class="para2" eId="section-230-1-b-i"><num>(i)</num><content><p>where the application is approved, of the date from which the registration has effect, and</p></content></level><level class="para2" eId="section-230-1-b-ii"><num>(ii)</num><content><p>where the application is not approved, of the reasons for the decision.</p></content></level></level></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-230-1-a"><num>(a)</num><content><p>decide whether to approve the application;</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-230-1-b"><num>(b)</num><intro><p>notify the tax adviser of the decision and—</p></intro><level class="para2" eId="section-230-1-b-i"><num>(i)</num><content><p>where the application is approved, of the date from which the registration has effect, and</p></content></level><level class="para2" eId="section-230-1-b-ii"><num>(ii)</num><content><p>where the application is not approved, of the reasons for the decision.</p></content></level></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para2" eId="section-230-1-b-i"><num>(i)</num><content><p>where the application is approved, of the date from which the registration has effect, and</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para2" eId="section-230-1-b-ii"><num>(ii)</num><content><p>where the application is not approved, of the reasons for the decision.</p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-230-2"><num>(2)</num><content><p>The officer must approve the application if satisfied that the tax adviser meets the registration conditions.</p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-230-3"><num>(3)</num><intro><p>The officer may otherwise approve the application only if—</p></intro><level class="para1" eId="section-230-3-a"><num>(a)</num><content><p>the tax adviser fails to meet the registration conditions solely by virtue of the adviser, or a relevant individual of the adviser, not meeting the condition in section <ref href="#section-227">227</ref><ref href="#section-227-2">(2)</ref><ref href="#section-227-2-a">(a)</ref> (amount of tax etc overdue), and</p></content></level><level class="para1" eId="section-230-3-b"><num>(b)</num><content><p>having regard to the relevant amount that is overdue or (as the case may be) the circumstances of the outstanding relevant return, the officer considers it appropriate to approve the application.</p></content></level><wrapUp><p>In this subsection “<term refersTo="#term-relevant-amount" eId="term-relevant-amount">relevant amount</term>” and “<term refersTo="#term-relevant-return" eId="term-relevant-return">relevant return</term>” have the same meaning as in section <ref href="#section-227">227</ref> (registration conditions).</p></wrapUp></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-230-3-a"><num>(a)</num><content><p>the tax adviser fails to meet the registration conditions solely by virtue of the adviser, or a relevant individual of the adviser, not meeting the condition in section <ref href="#section-227">227</ref><ref href="#section-227-2">(2)</ref><ref href="#section-227-2-a">(a)</ref> (amount of tax etc overdue), and</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-230-3-b"><num>(b)</num><content><p>having regard to the relevant amount that is overdue or (as the case may be) the circumstances of the outstanding relevant return, the officer considers it appropriate to approve the application.</p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-230-4"><num>(4)</num><intro><p>An officer of Revenue and Customs may cancel the registration of a registered tax adviser if—</p></intro><level class="para1" eId="section-230-4-a"><num>(a)</num><content><p>the adviser requests the cancellation, or</p></content></level><level class="para1" eId="section-230-4-b"><num>(b)</num><content><p>the tax adviser has been wound up or dissolved or has died.</p></content></level></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-230-4-a"><num>(a)</num><content><p>the adviser requests the cancellation, or</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-230-4-b"><num>(b)</num><content><p>the tax adviser has been wound up or dissolved or has died.</p></content></level>
<hcontainer xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" name="crossheading" ukl:Name="Pblock" eId="part-7-chapter-1-crossheading-monitoring-of-registration-conditions-and-suspension-of-registration"><heading>Monitoring of registration conditions and suspension of registration</heading><section eId="section-231"><num>231</num><heading>Monitoring of registration conditions</heading><content><p>An officer of Revenue and Customs may by notice require a registered tax adviser to provide such information or evidence as the officer reasonably requires for the purpose of monitoring whether the tax adviser meets the registration conditions.</p></content></section><section eId="section-232"><num>232</num><heading>Suspension of registration</heading><subsection eId="section-232-1"><num>(1)</num><content><p>An authorised officer of Revenue and Customs may, by notice, suspend the registration of a registered tax adviser if the officer is not satisfied that the adviser meets the registration conditions.</p></content></subsection><subsection eId="section-232-2"><num>(2)</num><content><p>An authorised officer of Revenue and Customs may, by notice, suspend the registration of a registered tax adviser for a period of up to 12 months if the officer considers that the adviser has, in the course of interacting with HMRC, behaved in a manner which falls below the standards that might reasonably be expected of a tax adviser in their interactions with HMRC.</p></content></subsection><subsection eId="section-232-3"><num>(3)</num><content><p>In considering whether a tax adviser has behaved as described in subsection <ref href="#section-232-2">(2)</ref>, the officer may in particular have regard to any provisions of a relevant HMRC standard that relate to interactions between tax advisers and HMRC.</p><p>In this subsection “<term refersTo="#term-relevant-hmrc-standard" eId="term-relevant-hmrc-standard">relevant HMRC standard</term>” means a standard published by HMRC that is specified for the purposes of this section in a notice published by HMRC.</p></content></subsection><subsection eId="section-232-4"><num>(4)</num><intro><p>Before suspending the registration of a registered tax adviser under this section, the officer must—</p></intro><level class="para1" eId="section-232-4-a"><num>(a)</num><content><p>notify the adviser of the fact that the officer considers subsection <ref href="#section-232-1">(1)</ref> or <ref href="#section-232-2">(2)</ref> to apply, and</p></content></level><level class="para1" eId="section-232-4-b"><num>(b)</num><intro><p>allow the adviser a period of—</p></intro><level class="para2" eId="section-232-4-b-i"><num>(i)</num><content><p>30 days, or</p></content></level><level class="para2" eId="section-232-4-b-ii"><num>(ii)</num><content><p>if subsection <ref href="#section-232-5">(5)</ref> applies, 60 days,</p></content></level><wrapUp><p>beginning with the date of the notification, to take action to meet the conditions or to make representations to HMRC.</p></wrapUp></level></subsection><subsection eId="section-232-5"><num>(5)</num><intro><p>This subsection applies where—</p></intro><level class="para1" eId="section-232-5-a"><num>(a)</num><content><p>the tax adviser is an individual and the officer considers subsection <ref href="#section-232-1">(1)</ref> to apply solely by virtue of the adviser not meeting the condition in section <ref href="#section-227">227</ref><ref href="#section-227-2">(2)</ref><ref href="#section-227-2-a">(a)</ref> (amount of tax etc overdue), or</p></content></level><level class="para1" eId="section-232-5-b"><num>(b)</num><content><p>the tax adviser is an organisation and the officer considers subsection <ref href="#section-232-1">(1)</ref> to apply solely by virtue of a relevant individual of the adviser not meeting the condition in section <ref href="#section-227">227</ref><ref href="#section-227-2">(2)</ref><ref href="#section-227-2-a">(a)</ref> (amount of tax etc overdue).</p></content></level></subsection><subsection eId="section-232-6"><num>(6)</num><intro><p>A notice suspending the registration of a registered tax adviser under this section must state the following—</p></intro><level class="para1" eId="section-232-6-a"><num>(a)</num><content><p>the date on which it is issued;</p></content></level><level class="para1" eId="section-232-6-b"><num>(b)</num><content><p>the date on which the suspension has effect, which must not be before the end of the period of 30 days beginning with the date mentioned in paragraph <ref href="#section-232-6-a">(a)</ref>;</p></content></level><level class="para1" eId="section-232-6-c"><num>(c)</num><content><p>in a case within subsection <ref href="#section-232-2">(2)</ref>, the period of the suspension;</p></content></level><level class="para1" eId="section-232-6-d"><num>(d)</num><intro><p>details of—</p></intro><level class="para2" eId="section-232-6-d-i"><num>(i)</num><content><p>in a case within subsection <ref href="#section-232-1">(1)</ref>, which of the registration conditions the officer is not satisfied that the adviser meets;</p></content></level><level class="para2" eId="section-232-6-d-ii"><num>(ii)</num><content><p>in a case within subsection <ref href="#section-232-2">(2)</ref>, the behaviour mentioned in that subsection;</p></content></level></level><level class="para1" eId="section-232-6-e"><num>(e)</num><content><p>the period within which an appeal against the decision to suspend the registration of the adviser may be made.</p></content></level></subsection><subsection eId="section-232-7"><num>(7)</num><content><p>An authorised officer of Revenue and Customs must, by notice, lift a suspension imposed under subsection <ref href="#section-232-1">(1)</ref> if satisfied that the adviser meets the registration conditions.</p></content></subsection></section></hcontainer>
<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-231"><num>231</num><heading>Monitoring of registration conditions</heading><content><p>An officer of Revenue and Customs may by notice require a registered tax adviser to provide such information or evidence as the officer reasonably requires for the purpose of monitoring whether the tax adviser meets the registration conditions.</p></content></section>
<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-232"><num>232</num><heading>Suspension of registration</heading><subsection eId="section-232-1"><num>(1)</num><content><p>An authorised officer of Revenue and Customs may, by notice, suspend the registration of a registered tax adviser if the officer is not satisfied that the adviser meets the registration conditions.</p></content></subsection><subsection eId="section-232-2"><num>(2)</num><content><p>An authorised officer of Revenue and Customs may, by notice, suspend the registration of a registered tax adviser for a period of up to 12 months if the officer considers that the adviser has, in the course of interacting with HMRC, behaved in a manner which falls below the standards that might reasonably be expected of a tax adviser in their interactions with HMRC.</p></content></subsection><subsection eId="section-232-3"><num>(3)</num><content><p>In considering whether a tax adviser has behaved as described in subsection <ref href="#section-232-2">(2)</ref>, the officer may in particular have regard to any provisions of a relevant HMRC standard that relate to interactions between tax advisers and HMRC.</p><p>In this subsection “<term refersTo="#term-relevant-hmrc-standard" eId="term-relevant-hmrc-standard">relevant HMRC standard</term>” means a standard published by HMRC that is specified for the purposes of this section in a notice published by HMRC.</p></content></subsection><subsection eId="section-232-4"><num>(4)</num><intro><p>Before suspending the registration of a registered tax adviser under this section, the officer must—</p></intro><level class="para1" eId="section-232-4-a"><num>(a)</num><content><p>notify the adviser of the fact that the officer considers subsection <ref href="#section-232-1">(1)</ref> or <ref href="#section-232-2">(2)</ref> to apply, and</p></content></level><level class="para1" eId="section-232-4-b"><num>(b)</num><intro><p>allow the adviser a period of—</p></intro><level class="para2" eId="section-232-4-b-i"><num>(i)</num><content><p>30 days, or</p></content></level><level class="para2" eId="section-232-4-b-ii"><num>(ii)</num><content><p>if subsection <ref href="#section-232-5">(5)</ref> applies, 60 days,</p></content></level><wrapUp><p>beginning with the date of the notification, to take action to meet the conditions or to make representations to HMRC.</p></wrapUp></level></subsection><subsection eId="section-232-5"><num>(5)</num><intro><p>This subsection applies where—</p></intro><level class="para1" eId="section-232-5-a"><num>(a)</num><content><p>the tax adviser is an individual and the officer considers subsection <ref href="#section-232-1">(1)</ref> to apply solely by virtue of the adviser not meeting the condition in section <ref href="#section-227">227</ref><ref href="#section-227-2">(2)</ref><ref href="#section-227-2-a">(a)</ref> (amount of tax etc overdue), or</p></content></level><level class="para1" eId="section-232-5-b"><num>(b)</num><content><p>the tax adviser is an organisation and the officer considers subsection <ref href="#section-232-1">(1)</ref> to apply solely by virtue of a relevant individual of the adviser not meeting the condition in section <ref href="#section-227">227</ref><ref href="#section-227-2">(2)</ref><ref href="#section-227-2-a">(a)</ref> (amount of tax etc overdue).</p></content></level></subsection><subsection eId="section-232-6"><num>(6)</num><intro><p>A notice suspending the registration of a registered tax adviser under this section must state the following—</p></intro><level class="para1" eId="section-232-6-a"><num>(a)</num><content><p>the date on which it is issued;</p></content></level><level class="para1" eId="section-232-6-b"><num>(b)</num><content><p>the date on which the suspension has effect, which must not be before the end of the period of 30 days beginning with the date mentioned in paragraph <ref href="#section-232-6-a">(a)</ref>;</p></content></level><level class="para1" eId="section-232-6-c"><num>(c)</num><content><p>in a case within subsection <ref href="#section-232-2">(2)</ref>, the period of the suspension;</p></content></level><level class="para1" eId="section-232-6-d"><num>(d)</num><intro><p>details of—</p></intro><level class="para2" eId="section-232-6-d-i"><num>(i)</num><content><p>in a case within subsection <ref href="#section-232-1">(1)</ref>, which of the registration conditions the officer is not satisfied that the adviser meets;</p></content></level><level class="para2" eId="section-232-6-d-ii"><num>(ii)</num><content><p>in a case within subsection <ref href="#section-232-2">(2)</ref>, the behaviour mentioned in that subsection;</p></content></level></level><level class="para1" eId="section-232-6-e"><num>(e)</num><content><p>the period within which an appeal against the decision to suspend the registration of the adviser may be made.</p></content></level></subsection><subsection eId="section-232-7"><num>(7)</num><content><p>An authorised officer of Revenue and Customs must, by notice, lift a suspension imposed under subsection <ref href="#section-232-1">(1)</ref> if satisfied that the adviser meets the registration conditions.</p></content></subsection></section>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-232-1"><num>(1)</num><content><p>An authorised officer of Revenue and Customs may, by notice, suspend the registration of a registered tax adviser if the officer is not satisfied that the adviser meets the registration conditions.</p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-232-2"><num>(2)</num><content><p>An authorised officer of Revenue and Customs may, by notice, suspend the registration of a registered tax adviser for a period of up to 12 months if the officer considers that the adviser has, in the course of interacting with HMRC, behaved in a manner which falls below the standards that might reasonably be expected of a tax adviser in their interactions with HMRC.</p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-232-3"><num>(3)</num><content><p>In considering whether a tax adviser has behaved as described in subsection <ref href="#section-232-2">(2)</ref>, the officer may in particular have regard to any provisions of a relevant HMRC standard that relate to interactions between tax advisers and HMRC.</p><p>In this subsection “<term refersTo="#term-relevant-hmrc-standard" eId="term-relevant-hmrc-standard">relevant HMRC standard</term>” means a standard published by HMRC that is specified for the purposes of this section in a notice published by HMRC.</p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-232-4"><num>(4)</num><intro><p>Before suspending the registration of a registered tax adviser under this section, the officer must—</p></intro><level class="para1" eId="section-232-4-a"><num>(a)</num><content><p>notify the adviser of the fact that the officer considers subsection <ref href="#section-232-1">(1)</ref> or <ref href="#section-232-2">(2)</ref> to apply, and</p></content></level><level class="para1" eId="section-232-4-b"><num>(b)</num><intro><p>allow the adviser a period of—</p></intro><level class="para2" eId="section-232-4-b-i"><num>(i)</num><content><p>30 days, or</p></content></level><level class="para2" eId="section-232-4-b-ii"><num>(ii)</num><content><p>if subsection <ref href="#section-232-5">(5)</ref> applies, 60 days,</p></content></level><wrapUp><p>beginning with the date of the notification, to take action to meet the conditions or to make representations to HMRC.</p></wrapUp></level></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-232-4-a"><num>(a)</num><content><p>notify the adviser of the fact that the officer considers subsection <ref href="#section-232-1">(1)</ref> or <ref href="#section-232-2">(2)</ref> to apply, and</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-232-4-b"><num>(b)</num><intro><p>allow the adviser a period of—</p></intro><level class="para2" eId="section-232-4-b-i"><num>(i)</num><content><p>30 days, or</p></content></level><level class="para2" eId="section-232-4-b-ii"><num>(ii)</num><content><p>if subsection <ref href="#section-232-5">(5)</ref> applies, 60 days,</p></content></level><wrapUp><p>beginning with the date of the notification, to take action to meet the conditions or to make representations to HMRC.</p></wrapUp></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para2" eId="section-232-4-b-i"><num>(i)</num><content><p>30 days, or</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para2" eId="section-232-4-b-ii"><num>(ii)</num><content><p>if subsection <ref href="#section-232-5">(5)</ref> applies, 60 days,</p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-232-5"><num>(5)</num><intro><p>This subsection applies where—</p></intro><level class="para1" eId="section-232-5-a"><num>(a)</num><content><p>the tax adviser is an individual and the officer considers subsection <ref href="#section-232-1">(1)</ref> to apply solely by virtue of the adviser not meeting the condition in section <ref href="#section-227">227</ref><ref href="#section-227-2">(2)</ref><ref href="#section-227-2-a">(a)</ref> (amount of tax etc overdue), or</p></content></level><level class="para1" eId="section-232-5-b"><num>(b)</num><content><p>the tax adviser is an organisation and the officer considers subsection <ref href="#section-232-1">(1)</ref> to apply solely by virtue of a relevant individual of the adviser not meeting the condition in section <ref href="#section-227">227</ref><ref href="#section-227-2">(2)</ref><ref href="#section-227-2-a">(a)</ref> (amount of tax etc overdue).</p></content></level></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-232-5-a"><num>(a)</num><content><p>the tax adviser is an individual and the officer considers subsection <ref href="#section-232-1">(1)</ref> to apply solely by virtue of the adviser not meeting the condition in section <ref href="#section-227">227</ref><ref href="#section-227-2">(2)</ref><ref href="#section-227-2-a">(a)</ref> (amount of tax etc overdue), or</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-232-5-b"><num>(b)</num><content><p>the tax adviser is an organisation and the officer considers subsection <ref href="#section-232-1">(1)</ref> to apply solely by virtue of a relevant individual of the adviser not meeting the condition in section <ref href="#section-227">227</ref><ref href="#section-227-2">(2)</ref><ref href="#section-227-2-a">(a)</ref> (amount of tax etc overdue).</p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-232-6"><num>(6)</num><intro><p>A notice suspending the registration of a registered tax adviser under this section must state the following—</p></intro><level class="para1" eId="section-232-6-a"><num>(a)</num><content><p>the date on which it is issued;</p></content></level><level class="para1" eId="section-232-6-b"><num>(b)</num><content><p>the date on which the suspension has effect, which must not be before the end of the period of 30 days beginning with the date mentioned in paragraph <ref href="#section-232-6-a">(a)</ref>;</p></content></level><level class="para1" eId="section-232-6-c"><num>(c)</num><content><p>in a case within subsection <ref href="#section-232-2">(2)</ref>, the period of the suspension;</p></content></level><level class="para1" eId="section-232-6-d"><num>(d)</num><intro><p>details of—</p></intro><level class="para2" eId="section-232-6-d-i"><num>(i)</num><content><p>in a case within subsection <ref href="#section-232-1">(1)</ref>, which of the registration conditions the officer is not satisfied that the adviser meets;</p></content></level><level class="para2" eId="section-232-6-d-ii"><num>(ii)</num><content><p>in a case within subsection <ref href="#section-232-2">(2)</ref>, the behaviour mentioned in that subsection;</p></content></level></level><level class="para1" eId="section-232-6-e"><num>(e)</num><content><p>the period within which an appeal against the decision to suspend the registration of the adviser may be made.</p></content></level></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-232-6-a"><num>(a)</num><content><p>the date on which it is issued;</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-232-6-b"><num>(b)</num><content><p>the date on which the suspension has effect, which must not be before the end of the period of 30 days beginning with the date mentioned in paragraph <ref href="#section-232-6-a">(a)</ref>;</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-232-6-c"><num>(c)</num><content><p>in a case within subsection <ref href="#section-232-2">(2)</ref>, the period of the suspension;</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-232-6-d"><num>(d)</num><intro><p>details of—</p></intro><level class="para2" eId="section-232-6-d-i"><num>(i)</num><content><p>in a case within subsection <ref href="#section-232-1">(1)</ref>, which of the registration conditions the officer is not satisfied that the adviser meets;</p></content></level><level class="para2" eId="section-232-6-d-ii"><num>(ii)</num><content><p>in a case within subsection <ref href="#section-232-2">(2)</ref>, the behaviour mentioned in that subsection;</p></content></level></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para2" eId="section-232-6-d-i"><num>(i)</num><content><p>in a case within subsection <ref href="#section-232-1">(1)</ref>, which of the registration conditions the officer is not satisfied that the adviser meets;</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para2" eId="section-232-6-d-ii"><num>(ii)</num><content><p>in a case within subsection <ref href="#section-232-2">(2)</ref>, the behaviour mentioned in that subsection;</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-232-6-e"><num>(e)</num><content><p>the period within which an appeal against the decision to suspend the registration of the adviser may be made.</p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-232-7"><num>(7)</num><content><p>An authorised officer of Revenue and Customs must, by notice, lift a suspension imposed under subsection <ref href="#section-232-1">(1)</ref> if satisfied that the adviser meets the registration conditions.</p></content></subsection>
<hcontainer xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" name="crossheading" ukl:Name="Pblock" eId="part-7-chapter-1-crossheading-compliance-notice"><heading>Compliance notice</heading><section eId="section-233"><num>233</num><heading>Compliance notice</heading><subsection eId="section-233-1"><num>(1)</num><content><p>Where a tax adviser contravenes section <ref href="#section-223">223</ref><ref href="#section-223-1">(1)</ref> (prohibited interaction with HMRC), an authorised officer of Revenue and Customs may give a notice (a “<term refersTo="#term-compliance-notice" eId="term-compliance-notice">compliance notice</term>”) to the adviser.</p><p>For provision about the effect of a compliance notice, see sections <ref href="#section-234">234</ref><ref href="#section-234-1">(1)</ref><ref href="#section-234-1-a">(a)</ref> and <ref href="#section-235">235</ref><ref href="#section-235-1">(1)</ref><ref href="#section-235-1-a">(a)</ref> (financial penalties for prohibited interaction with HMRC).</p></content></subsection><subsection eId="section-233-2"><num>(2)</num><intro><p>A compliance notice must state the following—</p></intro><level class="para1" eId="section-233-2-a"><num>(a)</num><content><p>the date on which it is issued;</p></content></level><level class="para1" eId="section-233-2-b"><num>(b)</num><content><p>the contravention to which the notice relates;</p></content></level><level class="para1" eId="section-233-2-c"><num>(c)</num><content><p>the period within which an appeal against the notice may be made.</p></content></level></subsection><subsection eId="section-233-3"><num>(3)</num><content><p>An authorised officer of Revenue and Customs may withdraw a compliance notice at any time; and if they do so, they must notify the tax adviser.</p></content></subsection><subsection eId="section-233-4"><num>(4)</num><content><p>A compliance notice is to be treated as withdrawn if subsection <ref href="#section-233-5">(5)</ref> or <ref href="#section-233-6">(6)</ref> applies.</p></content></subsection><subsection eId="section-233-5"><num>(5)</num><intro><p>This subsection applies if—</p></intro><level class="para1" eId="section-233-5-a"><num>(a)</num><content><p>the tax adviser was not registered under this Chapter at the time of the contravention mentioned in subsection <ref href="#section-233-1">(1)</ref>, and</p></content></level><level class="para1" eId="section-233-5-b"><num>(b)</num><content><p>the tax adviser subsequently registers under this Chapter.</p></content></level></subsection><subsection eId="section-233-6"><num>(6)</num><intro><p>This subsection applies if—</p></intro><level class="para1" eId="section-233-6-a"><num>(a)</num><content><p>the tax adviser’s registration was suspended under section <ref href="#section-232">232</ref> (suspension of registration) at the time of the contravention mentioned in subsection <ref href="#section-233-1">(1)</ref>, and</p></content></level><level class="para1" eId="section-233-6-b"><num>(b)</num><content><p>the suspension is subsequently lifted under section <ref href="#section-232">232</ref><ref href="#section-232-7">(7)</ref> or expires.</p></content></level></subsection><subsection eId="section-233-7"><num>(7)</num><intro><p>Before giving a compliance notice under this section, the authorised officer must—</p></intro><level class="para1" eId="section-233-7-a"><num>(a)</num><content><p>notify the adviser of the fact that the officer considers subsection <ref href="#section-233-1">(1)</ref> to apply, and</p></content></level><level class="para1" eId="section-233-7-b"><num>(b)</num><content><p>allow the adviser a period of 30 days, beginning with the date of the notification, to make representations to HMRC.</p></content></level></subsection></section></hcontainer>
<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-233"><num>233</num><heading>Compliance notice</heading><subsection eId="section-233-1"><num>(1)</num><content><p>Where a tax adviser contravenes section <ref href="#section-223">223</ref><ref href="#section-223-1">(1)</ref> (prohibited interaction with HMRC), an authorised officer of Revenue and Customs may give a notice (a “<term refersTo="#term-compliance-notice" eId="term-compliance-notice">compliance notice</term>”) to the adviser.</p><p>For provision about the effect of a compliance notice, see sections <ref href="#section-234">234</ref><ref href="#section-234-1">(1)</ref><ref href="#section-234-1-a">(a)</ref> and <ref href="#section-235">235</ref><ref href="#section-235-1">(1)</ref><ref href="#section-235-1-a">(a)</ref> (financial penalties for prohibited interaction with HMRC).</p></content></subsection><subsection eId="section-233-2"><num>(2)</num><intro><p>A compliance notice must state the following—</p></intro><level class="para1" eId="section-233-2-a"><num>(a)</num><content><p>the date on which it is issued;</p></content></level><level class="para1" eId="section-233-2-b"><num>(b)</num><content><p>the contravention to which the notice relates;</p></content></level><level class="para1" eId="section-233-2-c"><num>(c)</num><content><p>the period within which an appeal against the notice may be made.</p></content></level></subsection><subsection eId="section-233-3"><num>(3)</num><content><p>An authorised officer of Revenue and Customs may withdraw a compliance notice at any time; and if they do so, they must notify the tax adviser.</p></content></subsection><subsection eId="section-233-4"><num>(4)</num><content><p>A compliance notice is to be treated as withdrawn if subsection <ref href="#section-233-5">(5)</ref> or <ref href="#section-233-6">(6)</ref> applies.</p></content></subsection><subsection eId="section-233-5"><num>(5)</num><intro><p>This subsection applies if—</p></intro><level class="para1" eId="section-233-5-a"><num>(a)</num><content><p>the tax adviser was not registered under this Chapter at the time of the contravention mentioned in subsection <ref href="#section-233-1">(1)</ref>, and</p></content></level><level class="para1" eId="section-233-5-b"><num>(b)</num><content><p>the tax adviser subsequently registers under this Chapter.</p></content></level></subsection><subsection eId="section-233-6"><num>(6)</num><intro><p>This subsection applies if—</p></intro><level class="para1" eId="section-233-6-a"><num>(a)</num><content><p>the tax adviser’s registration was suspended under section <ref href="#section-232">232</ref> (suspension of registration) at the time of the contravention mentioned in subsection <ref href="#section-233-1">(1)</ref>, and</p></content></level><level class="para1" eId="section-233-6-b"><num>(b)</num><content><p>the suspension is subsequently lifted under section <ref href="#section-232">232</ref><ref href="#section-232-7">(7)</ref> or expires.</p></content></level></subsection><subsection eId="section-233-7"><num>(7)</num><intro><p>Before giving a compliance notice under this section, the authorised officer must—</p></intro><level class="para1" eId="section-233-7-a"><num>(a)</num><content><p>notify the adviser of the fact that the officer considers subsection <ref href="#section-233-1">(1)</ref> to apply, and</p></content></level><level class="para1" eId="section-233-7-b"><num>(b)</num><content><p>allow the adviser a period of 30 days, beginning with the date of the notification, to make representations to HMRC.</p></content></level></subsection></section>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-233-1"><num>(1)</num><content><p>Where a tax adviser contravenes section <ref href="#section-223">223</ref><ref href="#section-223-1">(1)</ref> (prohibited interaction with HMRC), an authorised officer of Revenue and Customs may give a notice (a “<term refersTo="#term-compliance-notice" eId="term-compliance-notice">compliance notice</term>”) to the adviser.</p><p>For provision about the effect of a compliance notice, see sections <ref href="#section-234">234</ref><ref href="#section-234-1">(1)</ref><ref href="#section-234-1-a">(a)</ref> and <ref href="#section-235">235</ref><ref href="#section-235-1">(1)</ref><ref href="#section-235-1-a">(a)</ref> (financial penalties for prohibited interaction with HMRC).</p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-233-2"><num>(2)</num><intro><p>A compliance notice must state the following—</p></intro><level class="para1" eId="section-233-2-a"><num>(a)</num><content><p>the date on which it is issued;</p></content></level><level class="para1" eId="section-233-2-b"><num>(b)</num><content><p>the contravention to which the notice relates;</p></content></level><level class="para1" eId="section-233-2-c"><num>(c)</num><content><p>the period within which an appeal against the notice may be made.</p></content></level></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-233-2-a"><num>(a)</num><content><p>the date on which it is issued;</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-233-2-b"><num>(b)</num><content><p>the contravention to which the notice relates;</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-233-2-c"><num>(c)</num><content><p>the period within which an appeal against the notice may be made.</p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-233-3"><num>(3)</num><content><p>An authorised officer of Revenue and Customs may withdraw a compliance notice at any time; and if they do so, they must notify the tax adviser.</p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-233-4"><num>(4)</num><content><p>A compliance notice is to be treated as withdrawn if subsection <ref href="#section-233-5">(5)</ref> or <ref href="#section-233-6">(6)</ref> applies.</p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-233-5"><num>(5)</num><intro><p>This subsection applies if—</p></intro><level class="para1" eId="section-233-5-a"><num>(a)</num><content><p>the tax adviser was not registered under this Chapter at the time of the contravention mentioned in subsection <ref href="#section-233-1">(1)</ref>, and</p></content></level><level class="para1" eId="section-233-5-b"><num>(b)</num><content><p>the tax adviser subsequently registers under this Chapter.</p></content></level></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-233-5-a"><num>(a)</num><content><p>the tax adviser was not registered under this Chapter at the time of the contravention mentioned in subsection <ref href="#section-233-1">(1)</ref>, and</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-233-5-b"><num>(b)</num><content><p>the tax adviser subsequently registers under this Chapter.</p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-233-6"><num>(6)</num><intro><p>This subsection applies if—</p></intro><level class="para1" eId="section-233-6-a"><num>(a)</num><content><p>the tax adviser’s registration was suspended under section <ref href="#section-232">232</ref> (suspension of registration) at the time of the contravention mentioned in subsection <ref href="#section-233-1">(1)</ref>, and</p></content></level><level class="para1" eId="section-233-6-b"><num>(b)</num><content><p>the suspension is subsequently lifted under section <ref href="#section-232">232</ref><ref href="#section-232-7">(7)</ref> or expires.</p></content></level></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-233-6-a"><num>(a)</num><content><p>the tax adviser’s registration was suspended under section <ref href="#section-232">232</ref> (suspension of registration) at the time of the contravention mentioned in subsection <ref href="#section-233-1">(1)</ref>, and</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-233-6-b"><num>(b)</num><content><p>the suspension is subsequently lifted under section <ref href="#section-232">232</ref><ref href="#section-232-7">(7)</ref> or expires.</p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-233-7"><num>(7)</num><intro><p>Before giving a compliance notice under this section, the authorised officer must—</p></intro><level class="para1" eId="section-233-7-a"><num>(a)</num><content><p>notify the adviser of the fact that the officer considers subsection <ref href="#section-233-1">(1)</ref> to apply, and</p></content></level><level class="para1" eId="section-233-7-b"><num>(b)</num><content><p>allow the adviser a period of 30 days, beginning with the date of the notification, to make representations to HMRC.</p></content></level></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-233-7-a"><num>(a)</num><content><p>notify the adviser of the fact that the officer considers subsection <ref href="#section-233-1">(1)</ref> to apply, and</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-233-7-b"><num>(b)</num><content><p>allow the adviser a period of 30 days, beginning with the date of the notification, to make representations to HMRC.</p></content></level>
<hcontainer xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" name="crossheading" ukl:Name="Pblock" eId="part-7-chapter-1-crossheading-financial-penalties"><heading>Financial penalties</heading><section eId="section-234"><num>234</num><heading>Financial penalties for prohibited interaction with HMRC</heading><subsection eId="section-234-1"><num>(1)</num><intro><p>This section applies where—</p></intro><level class="para1" eId="section-234-1-a"><num>(a)</num><content><p>a tax adviser has been given a compliance notice under section <ref href="#section-233">233</ref> that has not been withdrawn,</p></content></level><level class="para1" eId="section-234-1-b"><num>(b)</num><content><p>the tax adviser subsequently contravenes section <ref href="#section-223">223</ref><ref href="#section-223-1">(1)</ref> (prohibited interaction with HMRC), and</p></content></level><level class="para1" eId="section-234-1-c"><num>(c)</num><content><p>if the tax adviser is an organisation, an authorised officer of Revenue and Customs does not consider that the contravention is attributable to a relevant individual of the tax adviser (see section <ref href="#section-235">235</ref> (liability of relevant individuals)).</p></content></level></subsection><subsection eId="section-234-2"><num>(2)</num><intro><p>The tax adviser is liable in respect of the contravention to a penalty of—</p></intro><level class="para1" eId="section-234-2-a"><num>(a)</num><content><p>£5,000, or</p></content></level><level class="para1" eId="section-234-2-b"><num>(b)</num><content><p>if subsection <ref href="#section-234-3">(3)</ref> or <ref href="#section-234-4">(4)</ref> applies, £10,000.</p></content></level></subsection><subsection eId="section-234-3"><num>(3)</num><intro><p>This subsection applies if—</p></intro><level class="para1" eId="section-234-3-a"><num>(a)</num><content><p>in the period of two years ending with the date of the contravention, the tax adviser has been assessed to a penalty under this section or section <ref href="#section-235">235</ref> on four or more occasions, and</p></content></level><level class="para1" eId="section-234-3-b"><num>(b)</num><content><p>subsection <ref href="#section-235-4">(4)</ref> does not apply.</p></content></level></subsection><subsection eId="section-234-4"><num>(4)</num><intro><p>This subsection applies if the contravention takes place at a time when the tax adviser is subject to—</p></intro><level class="para1" eId="section-234-4-a"><num>(a)</num><content><p>a temporary ineligibility order issued under this Chapter, or</p></content></level><level class="para1" eId="section-234-4-b"><num>(b)</num><content><p>a permanent ineligibility order issued under this Chapter.</p></content></level></subsection><subsection eId="section-234-5"><num>(5)</num><content><p>For the purposes of subsection <ref href="#section-234-3">(3)</ref><ref href="#section-234-3-a">(a)</ref>, if a tax adviser is assessed to a penalty under this section or section <ref href="#section-235">235</ref> and the penalty is, at any time, subsequently set aside or otherwise cancelled, the penalty is to be treated from that time as if it was not assessed on the adviser.</p></content></subsection></section><section eId="section-235"><num>235</num><heading>Financial penalties for prohibited interaction with HMRC: liability of relevant individuals</heading><subsection eId="section-235-1"><num>(1)</num><intro><p>This section applies where—</p></intro><level class="para1" eId="section-235-1-a"><num>(a)</num><content><p>a tax adviser that is an organisation has been given a compliance notice under section <ref href="#section-233">233</ref> that has not been withdrawn,</p></content></level><level class="para1" eId="section-235-1-b"><num>(b)</num><content><p>the tax adviser subsequently contravenes section <ref href="#section-223">223</ref><ref href="#section-223-1">(1)</ref> (prohibited interaction with HMRC), and</p></content></level><level class="para1" eId="section-235-1-c"><num>(c)</num><content><p>an authorised officer of Revenue and Customs considers that the contravention is attributable to a relevant individual of the tax adviser.</p></content></level></subsection><subsection eId="section-235-2"><num>(2)</num><intro><p>The individual is liable in respect of the contravention to a penalty of—</p></intro><level class="para1" eId="section-235-2-a"><num>(a)</num><content><p>£5,000, or</p></content></level><level class="para1" eId="section-235-2-b"><num>(b)</num><content><p>if subsection <ref href="#section-235-3">(3)</ref> or <ref href="#section-235-4">(4)</ref> applies, £10,000.</p></content></level></subsection><subsection eId="section-235-3"><num>(3)</num><intro><p>This subsection applies if—</p></intro><level class="para1" eId="section-235-3-a"><num>(a)</num><content><p>in the period of two years ending with the date of the contravention, the relevant individual has been assessed to a penalty under this section or section <ref href="#section-234">234</ref> on four or more occasions, and</p></content></level><level class="para1" eId="section-235-3-b"><num>(b)</num><content><p>subsection <ref href="#section-235-4">(4)</ref> does not apply.</p></content></level></subsection><subsection eId="section-235-4"><num>(4)</num><intro><p>This subsection applies if the contravention takes place at a time when the relevant individual is subject to—</p></intro><level class="para1" eId="section-235-4-a"><num>(a)</num><content><p>a temporary ineligibility order issued under this Chapter, or</p></content></level><level class="para1" eId="section-235-4-b"><num>(b)</num><content><p>a permanent ineligibility order issued under this Chapter.</p></content></level></subsection><subsection eId="section-235-5"><num>(5)</num><content><p>For the purposes of subsection <ref href="#section-235-3">(3)</ref><ref href="#section-235-3-a">(a)</ref>, if a relevant individual is assessed to a penalty under this section or section <ref href="#section-234">234</ref> and the penalty is, at any time, subsequently set aside or otherwise cancelled, the penalty is to be treated from that time as if it was not assessed on the individual.</p></content></subsection><subsection eId="section-235-6"><num>(6)</num><content><p>In this section references to a relevant individual of a tax adviser include a former relevant individual of the tax adviser.</p></content></subsection></section></hcontainer>
<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-234"><num>234</num><heading>Financial penalties for prohibited interaction with HMRC</heading><subsection eId="section-234-1"><num>(1)</num><intro><p>This section applies where—</p></intro><level class="para1" eId="section-234-1-a"><num>(a)</num><content><p>a tax adviser has been given a compliance notice under section <ref href="#section-233">233</ref> that has not been withdrawn,</p></content></level><level class="para1" eId="section-234-1-b"><num>(b)</num><content><p>the tax adviser subsequently contravenes section <ref href="#section-223">223</ref><ref href="#section-223-1">(1)</ref> (prohibited interaction with HMRC), and</p></content></level><level class="para1" eId="section-234-1-c"><num>(c)</num><content><p>if the tax adviser is an organisation, an authorised officer of Revenue and Customs does not consider that the contravention is attributable to a relevant individual of the tax adviser (see section <ref href="#section-235">235</ref> (liability of relevant individuals)).</p></content></level></subsection><subsection eId="section-234-2"><num>(2)</num><intro><p>The tax adviser is liable in respect of the contravention to a penalty of—</p></intro><level class="para1" eId="section-234-2-a"><num>(a)</num><content><p>£5,000, or</p></content></level><level class="para1" eId="section-234-2-b"><num>(b)</num><content><p>if subsection <ref href="#section-234-3">(3)</ref> or <ref href="#section-234-4">(4)</ref> applies, £10,000.</p></content></level></subsection><subsection eId="section-234-3"><num>(3)</num><intro><p>This subsection applies if—</p></intro><level class="para1" eId="section-234-3-a"><num>(a)</num><content><p>in the period of two years ending with the date of the contravention, the tax adviser has been assessed to a penalty under this section or section <ref href="#section-235">235</ref> on four or more occasions, and</p></content></level><level class="para1" eId="section-234-3-b"><num>(b)</num><content><p>subsection <ref href="#section-235-4">(4)</ref> does not apply.</p></content></level></subsection><subsection eId="section-234-4"><num>(4)</num><intro><p>This subsection applies if the contravention takes place at a time when the tax adviser is subject to—</p></intro><level class="para1" eId="section-234-4-a"><num>(a)</num><content><p>a temporary ineligibility order issued under this Chapter, or</p></content></level><level class="para1" eId="section-234-4-b"><num>(b)</num><content><p>a permanent ineligibility order issued under this Chapter.</p></content></level></subsection><subsection eId="section-234-5"><num>(5)</num><content><p>For the purposes of subsection <ref href="#section-234-3">(3)</ref><ref href="#section-234-3-a">(a)</ref>, if a tax adviser is assessed to a penalty under this section or section <ref href="#section-235">235</ref> and the penalty is, at any time, subsequently set aside or otherwise cancelled, the penalty is to be treated from that time as if it was not assessed on the adviser.</p></content></subsection></section>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-234-1"><num>(1)</num><intro><p>This section applies where—</p></intro><level class="para1" eId="section-234-1-a"><num>(a)</num><content><p>a tax adviser has been given a compliance notice under section <ref href="#section-233">233</ref> that has not been withdrawn,</p></content></level><level class="para1" eId="section-234-1-b"><num>(b)</num><content><p>the tax adviser subsequently contravenes section <ref href="#section-223">223</ref><ref href="#section-223-1">(1)</ref> (prohibited interaction with HMRC), and</p></content></level><level class="para1" eId="section-234-1-c"><num>(c)</num><content><p>if the tax adviser is an organisation, an authorised officer of Revenue and Customs does not consider that the contravention is attributable to a relevant individual of the tax adviser (see section <ref href="#section-235">235</ref> (liability of relevant individuals)).</p></content></level></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-234-1-a"><num>(a)</num><content><p>a tax adviser has been given a compliance notice under section <ref href="#section-233">233</ref> that has not been withdrawn,</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-234-1-b"><num>(b)</num><content><p>the tax adviser subsequently contravenes section <ref href="#section-223">223</ref><ref href="#section-223-1">(1)</ref> (prohibited interaction with HMRC), and</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-234-1-c"><num>(c)</num><content><p>if the tax adviser is an organisation, an authorised officer of Revenue and Customs does not consider that the contravention is attributable to a relevant individual of the tax adviser (see section <ref href="#section-235">235</ref> (liability of relevant individuals)).</p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-234-2"><num>(2)</num><intro><p>The tax adviser is liable in respect of the contravention to a penalty of—</p></intro><level class="para1" eId="section-234-2-a"><num>(a)</num><content><p>£5,000, or</p></content></level><level class="para1" eId="section-234-2-b"><num>(b)</num><content><p>if subsection <ref href="#section-234-3">(3)</ref> or <ref href="#section-234-4">(4)</ref> applies, £10,000.</p></content></level></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-234-2-a"><num>(a)</num><content><p>£5,000, or</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-234-2-b"><num>(b)</num><content><p>if subsection <ref href="#section-234-3">(3)</ref> or <ref href="#section-234-4">(4)</ref> applies, £10,000.</p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-234-3"><num>(3)</num><intro><p>This subsection applies if—</p></intro><level class="para1" eId="section-234-3-a"><num>(a)</num><content><p>in the period of two years ending with the date of the contravention, the tax adviser has been assessed to a penalty under this section or section <ref href="#section-235">235</ref> on four or more occasions, and</p></content></level><level class="para1" eId="section-234-3-b"><num>(b)</num><content><p>subsection <ref href="#section-235-4">(4)</ref> does not apply.</p></content></level></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-234-3-a"><num>(a)</num><content><p>in the period of two years ending with the date of the contravention, the tax adviser has been assessed to a penalty under this section or section <ref href="#section-235">235</ref> on four or more occasions, and</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-234-3-b"><num>(b)</num><content><p>subsection <ref href="#section-235-4">(4)</ref> does not apply.</p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-234-4"><num>(4)</num><intro><p>This subsection applies if the contravention takes place at a time when the tax adviser is subject to—</p></intro><level class="para1" eId="section-234-4-a"><num>(a)</num><content><p>a temporary ineligibility order issued under this Chapter, or</p></content></level><level class="para1" eId="section-234-4-b"><num>(b)</num><content><p>a permanent ineligibility order issued under this Chapter.</p></content></level></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-234-4-a"><num>(a)</num><content><p>a temporary ineligibility order issued under this Chapter, or</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-234-4-b"><num>(b)</num><content><p>a permanent ineligibility order issued under this Chapter.</p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-234-5"><num>(5)</num><content><p>For the purposes of subsection <ref href="#section-234-3">(3)</ref><ref href="#section-234-3-a">(a)</ref>, if a tax adviser is assessed to a penalty under this section or section <ref href="#section-235">235</ref> and the penalty is, at any time, subsequently set aside or otherwise cancelled, the penalty is to be treated from that time as if it was not assessed on the adviser.</p></content></subsection>
<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-235"><num>235</num><heading>Financial penalties for prohibited interaction with HMRC: liability of relevant individuals</heading><subsection eId="section-235-1"><num>(1)</num><intro><p>This section applies where—</p></intro><level class="para1" eId="section-235-1-a"><num>(a)</num><content><p>a tax adviser that is an organisation has been given a compliance notice under section <ref href="#section-233">233</ref> that has not been withdrawn,</p></content></level><level class="para1" eId="section-235-1-b"><num>(b)</num><content><p>the tax adviser subsequently contravenes section <ref href="#section-223">223</ref><ref href="#section-223-1">(1)</ref> (prohibited interaction with HMRC), and</p></content></level><level class="para1" eId="section-235-1-c"><num>(c)</num><content><p>an authorised officer of Revenue and Customs considers that the contravention is attributable to a relevant individual of the tax adviser.</p></content></level></subsection><subsection eId="section-235-2"><num>(2)</num><intro><p>The individual is liable in respect of the contravention to a penalty of—</p></intro><level class="para1" eId="section-235-2-a"><num>(a)</num><content><p>£5,000, or</p></content></level><level class="para1" eId="section-235-2-b"><num>(b)</num><content><p>if subsection <ref href="#section-235-3">(3)</ref> or <ref href="#section-235-4">(4)</ref> applies, £10,000.</p></content></level></subsection><subsection eId="section-235-3"><num>(3)</num><intro><p>This subsection applies if—</p></intro><level class="para1" eId="section-235-3-a"><num>(a)</num><content><p>in the period of two years ending with the date of the contravention, the relevant individual has been assessed to a penalty under this section or section <ref href="#section-234">234</ref> on four or more occasions, and</p></content></level><level class="para1" eId="section-235-3-b"><num>(b)</num><content><p>subsection <ref href="#section-235-4">(4)</ref> does not apply.</p></content></level></subsection><subsection eId="section-235-4"><num>(4)</num><intro><p>This subsection applies if the contravention takes place at a time when the relevant individual is subject to—</p></intro><level class="para1" eId="section-235-4-a"><num>(a)</num><content><p>a temporary ineligibility order issued under this Chapter, or</p></content></level><level class="para1" eId="section-235-4-b"><num>(b)</num><content><p>a permanent ineligibility order issued under this Chapter.</p></content></level></subsection><subsection eId="section-235-5"><num>(5)</num><content><p>For the purposes of subsection <ref href="#section-235-3">(3)</ref><ref href="#section-235-3-a">(a)</ref>, if a relevant individual is assessed to a penalty under this section or section <ref href="#section-234">234</ref> and the penalty is, at any time, subsequently set aside or otherwise cancelled, the penalty is to be treated from that time as if it was not assessed on the individual.</p></content></subsection><subsection eId="section-235-6"><num>(6)</num><content><p>In this section references to a relevant individual of a tax adviser include a former relevant individual of the tax adviser.</p></content></subsection></section>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-235-1"><num>(1)</num><intro><p>This section applies where—</p></intro><level class="para1" eId="section-235-1-a"><num>(a)</num><content><p>a tax adviser that is an organisation has been given a compliance notice under section <ref href="#section-233">233</ref> that has not been withdrawn,</p></content></level><level class="para1" eId="section-235-1-b"><num>(b)</num><content><p>the tax adviser subsequently contravenes section <ref href="#section-223">223</ref><ref href="#section-223-1">(1)</ref> (prohibited interaction with HMRC), and</p></content></level><level class="para1" eId="section-235-1-c"><num>(c)</num><content><p>an authorised officer of Revenue and Customs considers that the contravention is attributable to a relevant individual of the tax adviser.</p></content></level></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-235-1-a"><num>(a)</num><content><p>a tax adviser that is an organisation has been given a compliance notice under section <ref href="#section-233">233</ref> that has not been withdrawn,</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-235-1-b"><num>(b)</num><content><p>the tax adviser subsequently contravenes section <ref href="#section-223">223</ref><ref href="#section-223-1">(1)</ref> (prohibited interaction with HMRC), and</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-235-1-c"><num>(c)</num><content><p>an authorised officer of Revenue and Customs considers that the contravention is attributable to a relevant individual of the tax adviser.</p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-235-2"><num>(2)</num><intro><p>The individual is liable in respect of the contravention to a penalty of—</p></intro><level class="para1" eId="section-235-2-a"><num>(a)</num><content><p>£5,000, or</p></content></level><level class="para1" eId="section-235-2-b"><num>(b)</num><content><p>if subsection <ref href="#section-235-3">(3)</ref> or <ref href="#section-235-4">(4)</ref> applies, £10,000.</p></content></level></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-235-2-a"><num>(a)</num><content><p>£5,000, or</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-235-2-b"><num>(b)</num><content><p>if subsection <ref href="#section-235-3">(3)</ref> or <ref href="#section-235-4">(4)</ref> applies, £10,000.</p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-235-3"><num>(3)</num><intro><p>This subsection applies if—</p></intro><level class="para1" eId="section-235-3-a"><num>(a)</num><content><p>in the period of two years ending with the date of the contravention, the relevant individual has been assessed to a penalty under this section or section <ref href="#section-234">234</ref> on four or more occasions, and</p></content></level><level class="para1" eId="section-235-3-b"><num>(b)</num><content><p>subsection <ref href="#section-235-4">(4)</ref> does not apply.</p></content></level></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-235-3-a"><num>(a)</num><content><p>in the period of two years ending with the date of the contravention, the relevant individual has been assessed to a penalty under this section or section <ref href="#section-234">234</ref> on four or more occasions, and</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-235-3-b"><num>(b)</num><content><p>subsection <ref href="#section-235-4">(4)</ref> does not apply.</p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-235-4"><num>(4)</num><intro><p>This subsection applies if the contravention takes place at a time when the relevant individual is subject to—</p></intro><level class="para1" eId="section-235-4-a"><num>(a)</num><content><p>a temporary ineligibility order issued under this Chapter, or</p></content></level><level class="para1" eId="section-235-4-b"><num>(b)</num><content><p>a permanent ineligibility order issued under this Chapter.</p></content></level></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-235-4-a"><num>(a)</num><content><p>a temporary ineligibility order issued under this Chapter, or</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-235-4-b"><num>(b)</num><content><p>a permanent ineligibility order issued under this Chapter.</p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-235-5"><num>(5)</num><content><p>For the purposes of subsection <ref href="#section-235-3">(3)</ref><ref href="#section-235-3-a">(a)</ref>, if a relevant individual is assessed to a penalty under this section or section <ref href="#section-234">234</ref> and the penalty is, at any time, subsequently set aside or otherwise cancelled, the penalty is to be treated from that time as if it was not assessed on the individual.</p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-235-6"><num>(6)</num><content><p>In this section references to a relevant individual of a tax adviser include a former relevant individual of the tax adviser.</p></content></subsection>
<hcontainer xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" name="crossheading" ukl:Name="Pblock" eId="part-7-chapter-1-crossheading-ineligibility-orders"><heading>Ineligibility orders</heading><section eId="section-236"><num>236</num><heading>Tax advisers: ineligibility orders</heading><subsection eId="section-236-1"><num>(1)</num><content><p>Where an authorised officer of Revenue and Customs assesses a tax adviser to a penalty under section <ref href="#section-234">234</ref><ref href="#section-234-2">(2)</ref><ref href="#section-234-2-b">(b)</ref> (financial penalties for prohibited interaction with HMRC) in a case where section <ref href="#section-234">234</ref><ref href="#section-234-3">(3)</ref> applies (repeated contravention), the officer must issue a temporary ineligibility order to the tax adviser.</p><p>For provision about the effect of a temporary ineligibility order, see in particular section <ref href="#section-227">227</ref><ref href="#section-227-2">(2)</ref><ref href="#section-227-2-e">(e)</ref> (registration conditions) and sections <ref href="#section-234">234</ref><ref href="#section-234-4">(4)</ref> and <ref href="#section-235">235</ref><ref href="#section-235-4">(4)</ref> (financial penalties for prohibited interaction with HMRC).</p></content></subsection><subsection eId="section-236-2"><num>(2)</num><content><p>A temporary ineligibility order issued under subsection <ref href="#section-236-1">(1)</ref> has effect for a period of 12 months from the end of the period of 30 days beginning with the date on which the order was issued to the person.</p></content></subsection><subsection eId="section-236-3"><num>(3)</num><intro><p>Where an authorised officer of Revenue and Customs assesses a tax adviser to a penalty under section <ref href="#section-234">234</ref><ref href="#section-234-2">(2)</ref><ref href="#section-234-2-b">(b)</ref> (financial penalties for prohibited interaction with HMRC) in a case where section <ref href="#section-234">234</ref><ref href="#section-234-4">(4)</ref><ref href="#section-234-4-a">(a)</ref> applies (contravention while subject to temporary ineligibility order), the officer must—</p></intro><level class="para1" eId="section-236-3-a"><num>(a)</num><content><p>issue a permanent ineligibility order to the tax adviser, and</p></content></level><level class="para1" eId="section-236-3-b"><num>(b)</num><content><p>in a case where the adviser’s registration is suspended under section <ref href="#section-232">232</ref>, cancel the adviser’s registration.</p></content></level><wrapUp><p>For provision about the effect of a permanent ineligibility order, see in particular section <ref href="#section-227">227</ref><ref href="#section-227-2">(2)</ref><ref href="#section-227-2-e">(e)</ref> (registration conditions) and sections <ref href="#section-234">234</ref><ref href="#section-234-4">(4)</ref> and <ref href="#section-235">235</ref><ref href="#section-235-4">(4)</ref> (financial penalties for prohibited interaction with HMRC).</p></wrapUp></subsection><subsection eId="section-236-4"><num>(4)</num><content><p>A permanent ineligibility order issued under subsection <ref href="#section-236-3">(3)</ref> has effect indefinitely from the end of the period of 30 days beginning with the date on which the order was issued to the person.</p></content></subsection><subsection eId="section-236-5"><num>(5)</num><intro><p>Before issuing an order to a person under subsection <ref href="#section-236-1">(1)</ref> or <ref href="#section-236-3">(3)</ref>, the authorised officer must—</p></intro><level class="para1" eId="section-236-5-a"><num>(a)</num><content><p>notify the person of the fact that the officer considers subsection <ref href="#section-236-1">(1)</ref> or <ref href="#section-236-3">(3)</ref> (as the case may be) to apply, and</p></content></level><level class="para1" eId="section-236-5-b"><num>(b)</num><content><p>allow the person a period of 30 days, beginning with the date of the notification, to make representations to HMRC.</p></content></level></subsection><subsection eId="section-236-6"><num>(6)</num><intro><p>An order under subsection <ref href="#section-236-1">(1)</ref> or <ref href="#section-236-3">(3)</ref> must state—</p></intro><level class="para1" eId="section-236-6-a"><num>(a)</num><content><p>the date on which it is issued, and</p></content></level><level class="para1" eId="section-236-6-b"><num>(b)</num><content><p>the period within which an appeal against the decision to issue the order may be made.</p></content></level></subsection></section><section eId="section-237"><num>237</num><heading>Relevant individuals: ineligibility orders</heading><subsection eId="section-237-1"><num>(1)</num><intro><p>Where an authorised officer of Revenue and Customs assesses a tax adviser to a penalty under section <ref href="#section-234">234</ref><ref href="#section-234-2">(2)</ref><ref href="#section-234-2-b">(b)</ref>(financial penalties for prohibited interaction with HMRC), the officer may—</p></intro><level class="para1" eId="section-237-1-a"><num>(a)</num><content><p>in a case where section <ref href="#section-234">234</ref><ref href="#section-234-3">(3)</ref> applies (repeated contravention), issue a temporary ineligibility order to any relevant individual of the tax adviser;</p></content></level><level class="para1" eId="section-237-1-b"><num>(b)</num><content><p>in a case where section <ref href="#section-234">234</ref><ref href="#section-234-4">(4)</ref> applies (contravention while subject to an ineligibility order), issue a permanent ineligibility order to any relevant individual of the tax adviser.</p></content></level></subsection><subsection eId="section-237-2"><num>(2)</num><content><p>Where an authorised officer of Revenue and Customs assesses a relevant individual of a tax adviser to a penalty under section <ref href="#section-235">235</ref><ref href="#section-235-2">(2)</ref><ref href="#section-235-2-b">(b)</ref> (liability of relevant individuals) in a case where section <ref href="#section-235">235</ref><ref href="#section-235-3">(3)</ref> applies (repeated contravention), the officer must issue a temporary ineligibility order to the individual.</p></content></subsection><subsection eId="section-237-3"><num>(3)</num><content><p>Where an authorised officer of Revenue and Customs assesses a relevant individual of a tax adviser to a penalty under section <ref href="#section-235">235</ref><ref href="#section-235-2">(2)</ref><ref href="#section-235-2-b">(b)</ref> (liability of relevant individuals) in a case where section <ref href="#section-235">235</ref><ref href="#section-235-4">(4)</ref><ref href="#section-235-4-a">(a)</ref> applies (contravention while subject to temporary ineligibility order), the officer must issue a permanent ineligibility order to the individual.</p></content></subsection><subsection eId="section-237-4"><num>(4)</num><content><p>For provision about the effect of a temporary or a permanent ineligibility order, see in particular section <ref href="#section-227">227</ref><ref href="#section-227-2">(2)</ref><ref href="#section-227-2-e">(e)</ref> (registration conditions) and sections <ref href="#section-234">234</ref><ref href="#section-234-4">(4)</ref> and <ref href="#section-235">235</ref><ref href="#section-235-4">(4)</ref> (financial penalties for prohibited interaction with HMRC).</p></content></subsection><subsection eId="section-237-5"><num>(5)</num><content><p>A temporary ineligibility order issued under subsection <ref href="#section-237-1">(1)</ref><ref href="#section-237-1-a">(a)</ref> or <ref href="#section-237-2">(2)</ref> has effect for a period of 12 months from the end of the period of 30 days beginning with the date on which the order was issued to the person.</p></content></subsection><subsection eId="section-237-6"><num>(6)</num><content><p>A permanent ineligibility order issued under subsection <ref href="#section-237-1">(1)</ref><ref href="#section-237-1-b">(b)</ref> or <ref href="#section-237-3">(3)</ref> has effect indefinitely from the end of the period of 30 days beginning with the date on which the order was issued to the person.</p></content></subsection><subsection eId="section-237-7"><num>(7)</num><intro><p>Before issuing an order to a relevant individual under subsection <ref href="#section-237-1">(1)</ref>, <ref href="#section-237-2">(2)</ref> or <ref href="#section-237-3">(3)</ref>, the authorised officer must—</p></intro><level class="para1" eId="section-237-7-a"><num>(a)</num><content><p>notify the relevant individual and the tax adviser of the fact that the officer considers subsection <ref href="#section-237-1">(1)</ref>, <ref href="#section-237-2">(2)</ref> or <ref href="#section-237-3">(3)</ref> (as the case may be) to apply, and</p></content></level><level class="para1" eId="section-237-7-b"><num>(b)</num><content><p>allow the relevant individual and the tax adviser a period of 30 days, beginning with the date of the notification, to make representations to HMRC.</p></content></level></subsection><subsection eId="section-237-8"><num>(8)</num><intro><p>An order under subsection <ref href="#section-237-1">(1)</ref>, <ref href="#section-237-2">(2)</ref> or <ref href="#section-237-3">(3)</ref> must state—</p></intro><level class="para1" eId="section-237-8-a"><num>(a)</num><content><p>the date on which it is issued, and</p></content></level><level class="para1" eId="section-237-8-b"><num>(b)</num><content><p>the period within which an appeal against the decision to issue the order may be made.</p></content></level></subsection><subsection eId="section-237-9"><num>(9)</num><content><p>Where an authorised officer of Revenue and Customs issues an order to a relevant individual under this section, the officer must also notify the tax adviser in question.</p></content></subsection><subsection eId="section-237-10"><num>(10)</num><content><p>In this section references to a relevant individual of a tax adviser include a former relevant individual of the tax adviser.</p></content></subsection></section></hcontainer>
<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-236"><num>236</num><heading>Tax advisers: ineligibility orders</heading><subsection eId="section-236-1"><num>(1)</num><content><p>Where an authorised officer of Revenue and Customs assesses a tax adviser to a penalty under section <ref href="#section-234">234</ref><ref href="#section-234-2">(2)</ref><ref href="#section-234-2-b">(b)</ref> (financial penalties for prohibited interaction with HMRC) in a case where section <ref href="#section-234">234</ref><ref href="#section-234-3">(3)</ref> applies (repeated contravention), the officer must issue a temporary ineligibility order to the tax adviser.</p><p>For provision about the effect of a temporary ineligibility order, see in particular section <ref href="#section-227">227</ref><ref href="#section-227-2">(2)</ref><ref href="#section-227-2-e">(e)</ref> (registration conditions) and sections <ref href="#section-234">234</ref><ref href="#section-234-4">(4)</ref> and <ref href="#section-235">235</ref><ref href="#section-235-4">(4)</ref> (financial penalties for prohibited interaction with HMRC).</p></content></subsection><subsection eId="section-236-2"><num>(2)</num><content><p>A temporary ineligibility order issued under subsection <ref href="#section-236-1">(1)</ref> has effect for a period of 12 months from the end of the period of 30 days beginning with the date on which the order was issued to the person.</p></content></subsection><subsection eId="section-236-3"><num>(3)</num><intro><p>Where an authorised officer of Revenue and Customs assesses a tax adviser to a penalty under section <ref href="#section-234">234</ref><ref href="#section-234-2">(2)</ref><ref href="#section-234-2-b">(b)</ref> (financial penalties for prohibited interaction with HMRC) in a case where section <ref href="#section-234">234</ref><ref href="#section-234-4">(4)</ref><ref href="#section-234-4-a">(a)</ref> applies (contravention while subject to temporary ineligibility order), the officer must—</p></intro><level class="para1" eId="section-236-3-a"><num>(a)</num><content><p>issue a permanent ineligibility order to the tax adviser, and</p></content></level><level class="para1" eId="section-236-3-b"><num>(b)</num><content><p>in a case where the adviser’s registration is suspended under section <ref href="#section-232">232</ref>, cancel the adviser’s registration.</p></content></level><wrapUp><p>For provision about the effect of a permanent ineligibility order, see in particular section <ref href="#section-227">227</ref><ref href="#section-227-2">(2)</ref><ref href="#section-227-2-e">(e)</ref> (registration conditions) and sections <ref href="#section-234">234</ref><ref href="#section-234-4">(4)</ref> and <ref href="#section-235">235</ref><ref href="#section-235-4">(4)</ref> (financial penalties for prohibited interaction with HMRC).</p></wrapUp></subsection><subsection eId="section-236-4"><num>(4)</num><content><p>A permanent ineligibility order issued under subsection <ref href="#section-236-3">(3)</ref> has effect indefinitely from the end of the period of 30 days beginning with the date on which the order was issued to the person.</p></content></subsection><subsection eId="section-236-5"><num>(5)</num><intro><p>Before issuing an order to a person under subsection <ref href="#section-236-1">(1)</ref> or <ref href="#section-236-3">(3)</ref>, the authorised officer must—</p></intro><level class="para1" eId="section-236-5-a"><num>(a)</num><content><p>notify the person of the fact that the officer considers subsection <ref href="#section-236-1">(1)</ref> or <ref href="#section-236-3">(3)</ref> (as the case may be) to apply, and</p></content></level><level class="para1" eId="section-236-5-b"><num>(b)</num><content><p>allow the person a period of 30 days, beginning with the date of the notification, to make representations to HMRC.</p></content></level></subsection><subsection eId="section-236-6"><num>(6)</num><intro><p>An order under subsection <ref href="#section-236-1">(1)</ref> or <ref href="#section-236-3">(3)</ref> must state—</p></intro><level class="para1" eId="section-236-6-a"><num>(a)</num><content><p>the date on which it is issued, and</p></content></level><level class="para1" eId="section-236-6-b"><num>(b)</num><content><p>the period within which an appeal against the decision to issue the order may be made.</p></content></level></subsection></section>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-236-1"><num>(1)</num><content><p>Where an authorised officer of Revenue and Customs assesses a tax adviser to a penalty under section <ref href="#section-234">234</ref><ref href="#section-234-2">(2)</ref><ref href="#section-234-2-b">(b)</ref> (financial penalties for prohibited interaction with HMRC) in a case where section <ref href="#section-234">234</ref><ref href="#section-234-3">(3)</ref> applies (repeated contravention), the officer must issue a temporary ineligibility order to the tax adviser.</p><p>For provision about the effect of a temporary ineligibility order, see in particular section <ref href="#section-227">227</ref><ref href="#section-227-2">(2)</ref><ref href="#section-227-2-e">(e)</ref> (registration conditions) and sections <ref href="#section-234">234</ref><ref href="#section-234-4">(4)</ref> and <ref href="#section-235">235</ref><ref href="#section-235-4">(4)</ref> (financial penalties for prohibited interaction with HMRC).</p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-236-2"><num>(2)</num><content><p>A temporary ineligibility order issued under subsection <ref href="#section-236-1">(1)</ref> has effect for a period of 12 months from the end of the period of 30 days beginning with the date on which the order was issued to the person.</p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-236-3"><num>(3)</num><intro><p>Where an authorised officer of Revenue and Customs assesses a tax adviser to a penalty under section <ref href="#section-234">234</ref><ref href="#section-234-2">(2)</ref><ref href="#section-234-2-b">(b)</ref> (financial penalties for prohibited interaction with HMRC) in a case where section <ref href="#section-234">234</ref><ref href="#section-234-4">(4)</ref><ref href="#section-234-4-a">(a)</ref> applies (contravention while subject to temporary ineligibility order), the officer must—</p></intro><level class="para1" eId="section-236-3-a"><num>(a)</num><content><p>issue a permanent ineligibility order to the tax adviser, and</p></content></level><level class="para1" eId="section-236-3-b"><num>(b)</num><content><p>in a case where the adviser’s registration is suspended under section <ref href="#section-232">232</ref>, cancel the adviser’s registration.</p></content></level><wrapUp><p>For provision about the effect of a permanent ineligibility order, see in particular section <ref href="#section-227">227</ref><ref href="#section-227-2">(2)</ref><ref href="#section-227-2-e">(e)</ref> (registration conditions) and sections <ref href="#section-234">234</ref><ref href="#section-234-4">(4)</ref> and <ref href="#section-235">235</ref><ref href="#section-235-4">(4)</ref> (financial penalties for prohibited interaction with HMRC).</p></wrapUp></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-236-3-a"><num>(a)</num><content><p>issue a permanent ineligibility order to the tax adviser, and</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-236-3-b"><num>(b)</num><content><p>in a case where the adviser’s registration is suspended under section <ref href="#section-232">232</ref>, cancel the adviser’s registration.</p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-236-4"><num>(4)</num><content><p>A permanent ineligibility order issued under subsection <ref href="#section-236-3">(3)</ref> has effect indefinitely from the end of the period of 30 days beginning with the date on which the order was issued to the person.</p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-236-5"><num>(5)</num><intro><p>Before issuing an order to a person under subsection <ref href="#section-236-1">(1)</ref> or <ref href="#section-236-3">(3)</ref>, the authorised officer must—</p></intro><level class="para1" eId="section-236-5-a"><num>(a)</num><content><p>notify the person of the fact that the officer considers subsection <ref href="#section-236-1">(1)</ref> or <ref href="#section-236-3">(3)</ref> (as the case may be) to apply, and</p></content></level><level class="para1" eId="section-236-5-b"><num>(b)</num><content><p>allow the person a period of 30 days, beginning with the date of the notification, to make representations to HMRC.</p></content></level></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-236-5-a"><num>(a)</num><content><p>notify the person of the fact that the officer considers subsection <ref href="#section-236-1">(1)</ref> or <ref href="#section-236-3">(3)</ref> (as the case may be) to apply, and</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-236-5-b"><num>(b)</num><content><p>allow the person a period of 30 days, beginning with the date of the notification, to make representations to HMRC.</p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-236-6"><num>(6)</num><intro><p>An order under subsection <ref href="#section-236-1">(1)</ref> or <ref href="#section-236-3">(3)</ref> must state—</p></intro><level class="para1" eId="section-236-6-a"><num>(a)</num><content><p>the date on which it is issued, and</p></content></level><level class="para1" eId="section-236-6-b"><num>(b)</num><content><p>the period within which an appeal against the decision to issue the order may be made.</p></content></level></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-236-6-a"><num>(a)</num><content><p>the date on which it is issued, and</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-236-6-b"><num>(b)</num><content><p>the period within which an appeal against the decision to issue the order may be made.</p></content></level>
<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-237"><num>237</num><heading>Relevant individuals: ineligibility orders</heading><subsection eId="section-237-1"><num>(1)</num><intro><p>Where an authorised officer of Revenue and Customs assesses a tax adviser to a penalty under section <ref href="#section-234">234</ref><ref href="#section-234-2">(2)</ref><ref href="#section-234-2-b">(b)</ref>(financial penalties for prohibited interaction with HMRC), the officer may—</p></intro><level class="para1" eId="section-237-1-a"><num>(a)</num><content><p>in a case where section <ref href="#section-234">234</ref><ref href="#section-234-3">(3)</ref> applies (repeated contravention), issue a temporary ineligibility order to any relevant individual of the tax adviser;</p></content></level><level class="para1" eId="section-237-1-b"><num>(b)</num><content><p>in a case where section <ref href="#section-234">234</ref><ref href="#section-234-4">(4)</ref> applies (contravention while subject to an ineligibility order), issue a permanent ineligibility order to any relevant individual of the tax adviser.</p></content></level></subsection><subsection eId="section-237-2"><num>(2)</num><content><p>Where an authorised officer of Revenue and Customs assesses a relevant individual of a tax adviser to a penalty under section <ref href="#section-235">235</ref><ref href="#section-235-2">(2)</ref><ref href="#section-235-2-b">(b)</ref> (liability of relevant individuals) in a case where section <ref href="#section-235">235</ref><ref href="#section-235-3">(3)</ref> applies (repeated contravention), the officer must issue a temporary ineligibility order to the individual.</p></content></subsection><subsection eId="section-237-3"><num>(3)</num><content><p>Where an authorised officer of Revenue and Customs assesses a relevant individual of a tax adviser to a penalty under section <ref href="#section-235">235</ref><ref href="#section-235-2">(2)</ref><ref href="#section-235-2-b">(b)</ref> (liability of relevant individuals) in a case where section <ref href="#section-235">235</ref><ref href="#section-235-4">(4)</ref><ref href="#section-235-4-a">(a)</ref> applies (contravention while subject to temporary ineligibility order), the officer must issue a permanent ineligibility order to the individual.</p></content></subsection><subsection eId="section-237-4"><num>(4)</num><content><p>For provision about the effect of a temporary or a permanent ineligibility order, see in particular section <ref href="#section-227">227</ref><ref href="#section-227-2">(2)</ref><ref href="#section-227-2-e">(e)</ref> (registration conditions) and sections <ref href="#section-234">234</ref><ref href="#section-234-4">(4)</ref> and <ref href="#section-235">235</ref><ref href="#section-235-4">(4)</ref> (financial penalties for prohibited interaction with HMRC).</p></content></subsection><subsection eId="section-237-5"><num>(5)</num><content><p>A temporary ineligibility order issued under subsection <ref href="#section-237-1">(1)</ref><ref href="#section-237-1-a">(a)</ref> or <ref href="#section-237-2">(2)</ref> has effect for a period of 12 months from the end of the period of 30 days beginning with the date on which the order was issued to the person.</p></content></subsection><subsection eId="section-237-6"><num>(6)</num><content><p>A permanent ineligibility order issued under subsection <ref href="#section-237-1">(1)</ref><ref href="#section-237-1-b">(b)</ref> or <ref href="#section-237-3">(3)</ref> has effect indefinitely from the end of the period of 30 days beginning with the date on which the order was issued to the person.</p></content></subsection><subsection eId="section-237-7"><num>(7)</num><intro><p>Before issuing an order to a relevant individual under subsection <ref href="#section-237-1">(1)</ref>, <ref href="#section-237-2">(2)</ref> or <ref href="#section-237-3">(3)</ref>, the authorised officer must—</p></intro><level class="para1" eId="section-237-7-a"><num>(a)</num><content><p>notify the relevant individual and the tax adviser of the fact that the officer considers subsection <ref href="#section-237-1">(1)</ref>, <ref href="#section-237-2">(2)</ref> or <ref href="#section-237-3">(3)</ref> (as the case may be) to apply, and</p></content></level><level class="para1" eId="section-237-7-b"><num>(b)</num><content><p>allow the relevant individual and the tax adviser a period of 30 days, beginning with the date of the notification, to make representations to HMRC.</p></content></level></subsection><subsection eId="section-237-8"><num>(8)</num><intro><p>An order under subsection <ref href="#section-237-1">(1)</ref>, <ref href="#section-237-2">(2)</ref> or <ref href="#section-237-3">(3)</ref> must state—</p></intro><level class="para1" eId="section-237-8-a"><num>(a)</num><content><p>the date on which it is issued, and</p></content></level><level class="para1" eId="section-237-8-b"><num>(b)</num><content><p>the period within which an appeal against the decision to issue the order may be made.</p></content></level></subsection><subsection eId="section-237-9"><num>(9)</num><content><p>Where an authorised officer of Revenue and Customs issues an order to a relevant individual under this section, the officer must also notify the tax adviser in question.</p></content></subsection><subsection eId="section-237-10"><num>(10)</num><content><p>In this section references to a relevant individual of a tax adviser include a former relevant individual of the tax adviser.</p></content></subsection></section>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-237-1"><num>(1)</num><intro><p>Where an authorised officer of Revenue and Customs assesses a tax adviser to a penalty under section <ref href="#section-234">234</ref><ref href="#section-234-2">(2)</ref><ref href="#section-234-2-b">(b)</ref>(financial penalties for prohibited interaction with HMRC), the officer may—</p></intro><level class="para1" eId="section-237-1-a"><num>(a)</num><content><p>in a case where section <ref href="#section-234">234</ref><ref href="#section-234-3">(3)</ref> applies (repeated contravention), issue a temporary ineligibility order to any relevant individual of the tax adviser;</p></content></level><level class="para1" eId="section-237-1-b"><num>(b)</num><content><p>in a case where section <ref href="#section-234">234</ref><ref href="#section-234-4">(4)</ref> applies (contravention while subject to an ineligibility order), issue a permanent ineligibility order to any relevant individual of the tax adviser.</p></content></level></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-237-1-a"><num>(a)</num><content><p>in a case where section <ref href="#section-234">234</ref><ref href="#section-234-3">(3)</ref> applies (repeated contravention), issue a temporary ineligibility order to any relevant individual of the tax adviser;</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-237-1-b"><num>(b)</num><content><p>in a case where section <ref href="#section-234">234</ref><ref href="#section-234-4">(4)</ref> applies (contravention while subject to an ineligibility order), issue a permanent ineligibility order to any relevant individual of the tax adviser.</p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-237-2"><num>(2)</num><content><p>Where an authorised officer of Revenue and Customs assesses a relevant individual of a tax adviser to a penalty under section <ref href="#section-235">235</ref><ref href="#section-235-2">(2)</ref><ref href="#section-235-2-b">(b)</ref> (liability of relevant individuals) in a case where section <ref href="#section-235">235</ref><ref href="#section-235-3">(3)</ref> applies (repeated contravention), the officer must issue a temporary ineligibility order to the individual.</p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-237-3"><num>(3)</num><content><p>Where an authorised officer of Revenue and Customs assesses a relevant individual of a tax adviser to a penalty under section <ref href="#section-235">235</ref><ref href="#section-235-2">(2)</ref><ref href="#section-235-2-b">(b)</ref> (liability of relevant individuals) in a case where section <ref href="#section-235">235</ref><ref href="#section-235-4">(4)</ref><ref href="#section-235-4-a">(a)</ref> applies (contravention while subject to temporary ineligibility order), the officer must issue a permanent ineligibility order to the individual.</p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-237-4"><num>(4)</num><content><p>For provision about the effect of a temporary or a permanent ineligibility order, see in particular section <ref href="#section-227">227</ref><ref href="#section-227-2">(2)</ref><ref href="#section-227-2-e">(e)</ref> (registration conditions) and sections <ref href="#section-234">234</ref><ref href="#section-234-4">(4)</ref> and <ref href="#section-235">235</ref><ref href="#section-235-4">(4)</ref> (financial penalties for prohibited interaction with HMRC).</p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-237-5"><num>(5)</num><content><p>A temporary ineligibility order issued under subsection <ref href="#section-237-1">(1)</ref><ref href="#section-237-1-a">(a)</ref> or <ref href="#section-237-2">(2)</ref> has effect for a period of 12 months from the end of the period of 30 days beginning with the date on which the order was issued to the person.</p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-237-6"><num>(6)</num><content><p>A permanent ineligibility order issued under subsection <ref href="#section-237-1">(1)</ref><ref href="#section-237-1-b">(b)</ref> or <ref href="#section-237-3">(3)</ref> has effect indefinitely from the end of the period of 30 days beginning with the date on which the order was issued to the person.</p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-237-7"><num>(7)</num><intro><p>Before issuing an order to a relevant individual under subsection <ref href="#section-237-1">(1)</ref>, <ref href="#section-237-2">(2)</ref> or <ref href="#section-237-3">(3)</ref>, the authorised officer must—</p></intro><level class="para1" eId="section-237-7-a"><num>(a)</num><content><p>notify the relevant individual and the tax adviser of the fact that the officer considers subsection <ref href="#section-237-1">(1)</ref>, <ref href="#section-237-2">(2)</ref> or <ref href="#section-237-3">(3)</ref> (as the case may be) to apply, and</p></content></level><level class="para1" eId="section-237-7-b"><num>(b)</num><content><p>allow the relevant individual and the tax adviser a period of 30 days, beginning with the date of the notification, to make representations to HMRC.</p></content></level></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-237-7-a"><num>(a)</num><content><p>notify the relevant individual and the tax adviser of the fact that the officer considers subsection <ref href="#section-237-1">(1)</ref>, <ref href="#section-237-2">(2)</ref> or <ref href="#section-237-3">(3)</ref> (as the case may be) to apply, and</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-237-7-b"><num>(b)</num><content><p>allow the relevant individual and the tax adviser a period of 30 days, beginning with the date of the notification, to make representations to HMRC.</p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-237-8"><num>(8)</num><intro><p>An order under subsection <ref href="#section-237-1">(1)</ref>, <ref href="#section-237-2">(2)</ref> or <ref href="#section-237-3">(3)</ref> must state—</p></intro><level class="para1" eId="section-237-8-a"><num>(a)</num><content><p>the date on which it is issued, and</p></content></level><level class="para1" eId="section-237-8-b"><num>(b)</num><content><p>the period within which an appeal against the decision to issue the order may be made.</p></content></level></subsection>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-237-8-a"><num>(a)</num><content><p>the date on which it is issued, and</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-237-8-b"><num>(b)</num><content><p>the period within which an appeal against the decision to issue the order may be made.</p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-237-9"><num>(9)</num><content><p>Where an authorised officer of Revenue and Customs issues an order to a relevant individual under this section, the officer must also notify the tax adviser in question.</p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-237-10"><num>(10)</num><content><p>In this section references to a relevant individual of a tax adviser include a former relevant individual of the tax adviser.</p></content></subsection>