Finance Act 2020

July 26, 2020

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<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" xmlns:default1="http://www.w3.org/1998/Math/MathML" eId="part-1"><n

<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-income-tax-charge-rates-etc"><heading>Income tax charge, rates etc</heading><section eId="sectio

<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 2020-21</heading><content>Income tax is charged for the tax year 2020-21.</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 2020-21</heading><intro>For the tax year 2020-21 the main rates of income tax are as follows—</intro><level class="para1" eId="section-2-a"><num>(a)</nu

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-2-a"><num>(a)</num><content>the basic rate is 20%,</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-2-b"><num>(b)</num><content>the higher rate is 40%, and</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-2-c"><num>(c)</num><content>the additional rate is 45%.</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 2020-21</heading><subsection eId="section-3-1"><num>(1)</num><intro>For the tax year 2020-21 the default rates of income tax are as follows—<

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-3-1"><num>(1)</num><intro>For the tax year 2020-21 the default rates of income tax are as follows—</intro><level class="para1" eId="section-3-1-a"><num>(a)</num><content>the default basic rate is 20%,</co

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-3-1-a"><num>(a)</num><content>the default basic rate is 20%,</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>the default higher rate is 40%, and</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>the default additional rate is 45%.</content></level>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-3-2"><num>(2)</num><intro>For the tax year 2020-21 the savings rates of income tax are as follows—</intro><level class="para1" eId="section-3-2-a"><num>(a)</num><content>the savings basic rate is 20%,</co

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-3-2-a"><num>(a)</num><content>the savings basic rate is 20%,</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>the savings higher rate is 40%, and</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>the savings additional rate is 45%.</content></level>

<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-4"><num>4</num><heading>Starting rate limit for savings for tax year 2020-21</heading><content>Section 21 of ITA 2007 (indexation) does not apply in relation to the starting rate limit for savings for the tax year 2020

<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 eI

<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-5"><num>5</num><heading>Main rate of corporation tax for financial year 2020</heading><subsection eId="section-5-1"><num>(1)</num><content>For the financial year 2020 the main rate of corporation tax is 19%.</conte

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-5-1"><num>(1)</num><content>For the financial year 2020 the main rate of corporation tax is 19%.</content></subsection>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-5-2"><num>(2)</num><content>Accordingly, omit section 7(2) of F(No.2)A 2015 (which is superseded by the provision made by subsection (1)).</content></subsection>

<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-6"><num>6</num><heading>Corporation tax: charge and main rate for financial year 2021</heading><subsection eId="section-6-1"><num>(1)</num><content>Corporation tax is charged for the financial year 2021.</content><

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-6-1"><num>(1)</num><content>Corporation tax is charged for the financial year 2021.</content></subsection>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-6-2"><num>(2)</num><content>The main rate of corporation tax for that year is 19%.</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-crossheadin

<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-7"><num>7</num><heading>Workers' services provided through intermediaries</heading><content>Schedule 1 makes provision about workers' services provided through intermediaries.</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-8"><num>8</num><heading>Determining the appropriate percentage for a car: tax year 2020-21 onwar

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-8-1"><num>(1)</num><content>Chapter 6 of Part 3 of ITEPA 2003 (taxable benefits: cars etc) is amended as follows.</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-8-2"><num>(2)</num><intro>In section 136 (car with a CO2 emissions figure: post

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-8-2-a"><num>(a)</num><intro>in subsection (2A)—</intro><level class="para2" eId="section-8-2-a-i"><num>(i)</num><content><mod>after “figure” insert <quotedText>“ in a cas

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para2" eId="section-8-2-a-i"><num>(i)</num><content><mod>after “figure” insert <quotedText>“ in a case where the car is first registered before 6 April 2020 ”</quotedText>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para2" eId="section-8-2-a-ii"><num>(ii)</num><content><mod>for “light-duty” substitute <quotedText>“ light ”</quotedText>, and</mod></content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para2" eId="section-8-2-a-iii"><num>(iii)</num><content><mod>for “an EC certificate of conformity” substitute <quotedText>“ the EC certificate of conformity or UK approval certificate

<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-8-2-b"><num>(b)</num><content><mod>after subsection (2A) insert—<quotedStructure

<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-8-3"><num>(3)</num><intro>In section 137 (car with a CO2 emissions figure: bi-f

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-8-3-a"><num>(a)</num><intro>in subsection (2A)—</intro><level class="para2" eId="section-8-3-a-i"><num>(i)</num><content><mod>after “figure” insert <quotedText>“ in a cas

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para2" eId="section-8-3-a-i"><num>(i)</num><content><mod>after “figure” insert <quotedText>“ in a case where the car is first registered before 6 April 2020 ”</quotedText>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para2" eId="section-8-3-a-ii"><num>(ii)</num><content><mod>for “light-duty” substitute <quotedText>“ light ”</quotedText>, and</mod></content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para2" eId="section-8-3-a-iii"><num>(iii)</num><content><mod>for “an EC certificate of conformity” substitute <quotedText>“ the EC certificate of conformity or UK approval certificate

<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-8-3-b"><num>(b)</num><content><mod>after subsection (2A) insert—<quotedStructure

<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-8-4"><num>(4)</num><intro>In section 139 (car with a CO2 emissions figure)—

<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-8-4-a"><num>(a)</num><content><mod>for subsection (2) substitute—<quotedStructure

<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-8-4-b"><num>(b)</num><content><mod>after subsection (5) insert—<quotedStructure s

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-8-5"><num>(5)</num><content>The amendments made by this section have effect for the tax year 2020-21 and subsequent tax years.</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-9"><num>9</num><heading>Determining the appropriate

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-9-1"><num>(1)</num><content>For the tax year 2020-21, Chapter 6 of Part 3 of ITEPA 2003 (taxable benefits: cars etc) has effect with the following modifications.</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-9-2"><num>(2)</num><intro>In section 139 (car with a CO2 emissions figure: the

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-9-2-a"><num>(a)</num><content><mod>in the table in subsection (1), in the second column of the entry for a car with a CO2 emissions figure of 0, for “2%” substitute <quotedText>“

<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-9-2-b"><num>(b)</num><content><mod>in subsection (7) before paragraph (a) insert—

<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-9-3"><num>(3)</num><content><mod>After sectio

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-9-4"><num>(4)</num><content><mod>In section 140 (car without a CO2 emissions figure: the appropriate percentage) in subsection (3)(a) for “2%” substitute <quotedText>“ 0%

<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-10"><num>10</num><heading>Determining the appropria

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-10-1"><num>(1)</num><content>For the tax year 2021-22, Chapter 6 of Part 3 of ITEPA 2003 (taxable benefits: cars etc) has effect with the following modifications.</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-10-2"><num>(2)</num><intro>In section 139 (car with a CO2 emissions figure: the

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-10-2-a"><num>(a)</num><content><mod>in the table in subsection (1), in the second column of the entry for a car with a CO2 emissions figure of 0, for “2%” substitute <quotedText>“

<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-10-2-b"><num>(b)</num><content><mod>in subsection (7) before paragraph (a) insert

<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-10-3"><num>(3)</num><content><mod>After secti

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-10-4"><num>(4)</num><content><mod>In section 140 (car without a CO2 emissions figure: the appropriate percentage) in subsection (3)(a) for “2%” substitute <quotedText>“ 1%

<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-11"><num>11</num><heading>Apprenticeship bursaries paid to persons leaving local authority care<

<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-11-1"><num>(1)</num><content><mod>In Part 4 of ITEPA 2003 (employment income: exceptions),

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-11-2"><num>(2)</num><content>The amendment made by this section has effect in relation to the tax year 2020-21 and subsequent tax years.</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-12"><num>12</num><heading>Tax treatment of certain

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-12-1"><num>(1)</num><content>Table B in section 677(1) of ITEPA 2003 (UK social security benefits wholly exempt from income tax) is amended as follows.</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-12-2"><num>(2)</num><content><mod>In Part 1 (

<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-12-3"><num>(3)</num><content><mod>In Part 2 (

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-12-4"><num>(4)</num><content>The amendments made by this section have effect for the tax year 2020-21 and subsequent tax years.</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-13"><num>13</num><heading>Power to exempt social security benefits from income tax</heading><sub

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-13-1"><num>(1)</num><content>The Treasury may by regulations amend Chapter 4 or 5 of Part 10 of ITEPA 2003 (social security benefits: exemptions) so as to provide that no liability to income tax arises on social sec

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-13-2"><num>(2)</num><intro>Regulations under this section may make—</intro><level class="para1" eId="section-13-2-a"><num>(a)</num><content>different provision for different cases;</content></level><level

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-13-2-a"><num>(a)</num><content>different provision for different cases;</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-13-2-b"><num>(b)</num><content>retrospective provision;</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-13-2-c"><num>(c)</num><content>incidental or supplementary provision;</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-13-2-d"><num>(d)</num><content>consequential provision (which may include provision amending any provision made by or under the Income Tax Acts).</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-13-3"><num>(3)</num><content><mod>In section 655 of ITEPA 2003 (structure of Part 10), in

<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>Voluntary office-holders: payments in respect of expenses</heading><su

<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-14-1"><num>(1)</num><content><mod>After section 299A of ITEPA 2003 insert—<quotedStructure

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-14-2"><num>(2)</num><content><mod>In section 299A(3)(a) of ITEPA 2003 (voluntary office-holders: compensation for lost employment income) after “payment” insert <quotedText>“ (whether an advance

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-14-3"><num>(3)</num><content>The amendments made by this section have effect for the tax year 2020-21 and subsequent tax years.</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-loan-charge"><heading>Loan charge</h

<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-15"><num>15</num><heading>Loan charge not to apply to loans or quasi-loans made before 9 December 2010</heading><subsection eId="section-15-1"><num>(1)</num><content><mod>In Schedule 11 to F(No.2)A 2017 (employment inc

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-15-1"><num>(1)</num><content><mod>In Schedule 11 to F(No.2)A 2017 (employment income provided through third parties: loans etc outstanding on 5 April 2019) in paragraph 1 (person to be treated as taking a relevant s

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-15-2"><num>(2)</num><content><mod>In Schedule 12 to F(No.2)A 2017 (trading income provided through third parties: loans etc outstanding on 5 April 2019) in paragraph 1 (application of sections 23A to 23H of ITTOIA 2

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-15-3"><num>(3)</num><content>Part 1 of Schedule 2 makes further amendments to F(No.2)A 2017 in consequence of this section.</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-16"><num>16</num><heading>Election for loan charge to be split over three tax years</heading><su

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-16-1"><num>(1)</num><content>Schedule 11 to F(No.2)A 2017 (employment income provided through third parties: loans etc outstanding on 5 April 2019) is amended as follows.</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-16-2"><num>(2)</num><intro>In paragraph 1 (person to be treated as taking a relevant step

<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-16-2-a"><num>(a)</num><content><mod>after sub-paragraph (6) insert—<quotedStructu

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-16-2-b"><num>(b)</num><intro>in sub-paragraph (7)—</intro><level class="para2" eId="section-16-2-b-i"><num>(i)</num><content><mod>in the words before paragraph (a) after “paragraph” insert <quotedTe

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para2" eId="section-16-2-b-i"><num>(i)</num><content><mod>in the words before paragraph (a) after “paragraph” insert <quotedText>“ and paragraph 1A ”</quotedText>, and</mo

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para2" eId="section-16-2-b-ii"><num>(ii)</num><content><mod>in paragraph (a) for “the following provisions of this Schedule” substitute <quotedText>“ paragraphs 3 to 18 ”<

<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-16-3"><num>(3)</num><content><mod>After paragraph 1 insert—<quotedStructure startQuote="&#

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-16-4"><num>(4)</num><content>Schedule 12 to F(No.2)A 2017 (trading income provided through third parties: loans etc outstanding on 5 April 2019) is amended as follows.</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-16-5"><num>(5)</num><intro>In paragraph 1 (application of sections 23A to 23H of ITTOIA 20

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-16-5-a"><num>(a)</num><content><mod>in sub-paragraph (1) for the words from “as a” to the end substitute <quotedText>“ for the purposes of sections 23A to 23H of ITTOIA 2005 as a re

<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-16-5-b"><num>(b)</num><intro>in sub-paragraph (3)—</intro><level class="para2

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para2" eId="section-16-5-b-i"><num>(i)</num><content><mod>in the words before paragraph (a), after “applies” insert <quotedText>“ and T has not made an election for the purposes of sub-paragraph (3

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para2" eId="section-16-5-b-ii"><num>(ii)</num><content><mod>in paragraph (a) for the words from “immediately” to the end substitute <quotedText>“ at the time the relevant benefit is treated as aris

<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-16-5-b-iii"><num>(iii)</num><content><mod>for paragraphs (b) and (c) substitute—<

<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-16-5-c"><num>(c)</num><content><mod>after sub-paragraph (3) insert—<quotedStructu

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-16-6"><num>(6)</num><content>Part 2 of Schedule 2 makes amendments in consequence of this section.</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-17"><num>17</num><heading>Loan charge reduced where underlying liability disclosed but unenforce

<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-17-1"><num>(1)</num><content><mod>In Schedule 11 to F(No.2)A 2017 (employment income provi

<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><content><mod>In Schedule 12 to F(No.2)A 2017 (trading income provided

<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-18"><num>18</num><heading>Relief from interest on tax payable by a person subject to the loan charge</heading><subsection eId="section-18-1"><num>(1)</num><intro>This section applies where—</intro><level class="par

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-18-1"><num>(1)</num><intro>This section applies where—</intro><level class="para1" eId="section-18-1-a"><num>(a)</num><content>a person is chargeable to income tax on any amount by reason of Schedule 11 or 12

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-18-1-a"><num>(a)</num><content>a person is chargeable to income tax on any amount by reason of Schedule 11 or 12 to F(No.2)A 2017 or would be so chargeable but for section 15 or 17 of this Act,</content

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-18-1-b"><num>(b)</num><content>before the end of September 2020 the person delivers a return under section 8 of TMA 1970 for the tax year 2018-19, and</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-18-1-c"><num>(c)</num><content>at the end of September 2020 the person's self-assessment included in that return is complete and accurate.</content></level>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-18-2"><num>(2)</num><intro>If before the end of September 2020 the person discharges their liability to income tax and capital gains tax for the tax year 2018-19—</intro><level class="para1" eId="section-18-2-a"

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-18-2-a"><num>(a)</num><content>any amount paid in discharging that liability (other than a payment made on account of income tax for that tax year) is to be taken to not carry interest, and</content></l

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-18-2-b"><num>(b)</num><content>any amount paid by the person on account of their liability to income tax for the tax year 2019-20 is to be taken to not carry interest.</content></level>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-18-3"><num>(3)</num><intro>If before the end of September 2020 the person enters into an agreement with the Commissioners for Her Majesty's Revenue and Customs as to the discharge of their liability to income tax an

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-18-3-a"><num>(a)</num><content>any amount paid before the end of September 2020 in discharging that liability (other than a payment made on account of income tax for that tax year) is to be taken to not car

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-18-3-b"><num>(b)</num><content>for the purposes of section 101 of FA 2009 the late payment interest start date in respect of any amount paid in accordance with the agreement after the end of September 2020

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-18-3-c"><num>(c)</num><content>any amount paid by the person on account of their liability to income tax for the tax year 2019-20 is to be taken to not carry interest.</content></level>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-18-4"><num>(4)</num><content>Paragraph (b) of subsection (2) and paragraph (c) of subsection (3) do not apply if at the end of January 2021 the person has neither discharged their liability to income tax and capital

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-18-5"><num>(5)</num><intro>The Commissioners for Her Majesty's Revenue and Customs may by regulations provide that this section applies to a specified class of persons as if—</intro><level class="para1" eId="sec

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-18-5-a"><num>(a)</num><content>the references in this section to the end of September 2020 were to such later time as is specified, and</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-18-5-b"><num>(b)</num><content>the reference in subsection (3)(b) to 1 October 2020 were to such later date as is specified.</content></level>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-18-6"><num>(6)</num><content>In subsection (5) “<term refersTo="#term-specified" eId="term-specified">specified</term>” means specified in the regulations.</content></subsection>

<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-19"><num>19</num><heading>Minor amendments relating to the loan charge</heading><subsection eId="section-19-1"><num>(1)</num><content>Schedule 11 to F(No.2)A 2017 (employment income provided through third parties: loan

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-19-1"><num>(1)</num><content>Schedule 11 to F(No.2)A 2017 (employment income provided through third parties: loans etc outstanding on 5 April 2019) is amended as follows.</content></subsection>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-19-2"><num>(2)</num><content><mod>In paragraph 35C(2)(b) (date by which loan charge information must be provided) for “1 October 2019” substitute <quotedText>“ 1 October 2020 ”

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-19-3"><num>(3)</num><content><mod>In paragraph 45 (meaning of “<term refersTo="#term-a" eId="term-a">A</term>” and “<term refersTo="#term-b" eId="term-b">B</term>”) after “section 554A(1)(a)” insert <quotedText>“

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-19-4"><num>(4)</num><content><mod>In Schedule 12 to F(No.2)A 2017 (trading income provided through third parties: loans etc outstanding on 5 April 2019) in paragraph 22(2)(b) (date by which loan charge information m

<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="section-20"><num>20</num><heading>Repaying sums paid to HMRC under agreements relating to certain loans etc</heading><subsection eId="section-20-1"><num>(1)</num><i

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-20-1"><num>(1)</num><intro>The Commissioners for Her Majesty's Revenue and Customs (“<term refersTo="#term-the-commissioners" eId="term-the-commissioners">the Commissioners</term>”) must establish a scheme under whi

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-20-1-a"><num>(a)</num><content>repay the whole or part of a qualifying amount paid or treated as paid to them under a qualifying agreement, or</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-20-1-b"><num>(b)</num><content>waive the payment of the whole or part of a qualifying amount due to be paid to them under a qualifying agreement.</content></level>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-20-2"><num>(2)</num><intro>An agreement is a qualifying agreement if—</intro><level class="para1" eId="section-20-2-a"><num>(a)</num><content>it is an agreement with the Commissioners,</content></level><l

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-20-2-a"><num>(a)</num><content>it is an agreement with the Commissioners,</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-20-2-b"><num>(b)</num><content>it is made on or after 16 March 2016 and before 11 March 2020, and</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-20-2-c"><num>(c)</num><content>it imposes an obligation on any party to the agreement to pay an amount of income tax that is referable (directly or indirectly) to a qualifying loan or quasi-loan.</conte

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-20-3"><num>(3)</num><intro>An amount paid, treated as paid or due to be paid under a qualifying agreement is a qualifying amount if—</intro><level class="para1" eId="section-20-3-a"><num>(a)</num><content>the

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-20-3-a"><num>(a)</num><content>the amount is referable (directly or indirectly) to a qualifying loan or quasi-loan, and</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>the amount is one that an officer of Revenue and Customs had no power to recover at the time the agreement was made.</content></level>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-20-4"><num>(4)</num><content>But an amount that is referable (directly or indirectly) to a qualifying loan or quasi-loan made on or after 9 December 2010 is not a qualifying amount by reason of subsection (3) unless

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-20-5"><num>(5)</num><intro>For the purposes of subsection (4), a tax return, or two or more tax returns taken together, contained a reasonable disclosure of the loan or quasi-loan if the return or returns taken toge

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-20-5-a"><num>(a)</num><content>identified the qualifying loan or quasi-loan,</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-20-5-b"><num>(b)</num><content>identified the person to whom the qualifying loan or quasi-loan was made,</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-20-5-c"><num>(c)</num><content>identified any arrangements in pursuance of which, or in connection with which, the qualifying loan or quasi-loan was made, and</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-20-5-d"><num>(d)</num><content>provided such other information as was sufficient for it to be apparent that a reasonable case could have been made that the amount concerned was payable to the Commissioners.

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-20-6"><num>(6)</num><content>An amount paid, treated as paid or due to be paid under a qualifying agreement is also a qualifying amount if it is interest on another qualifying amount paid, treated as paid or due to

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-20-7"><num>(7)</num><content>A loan or quasi-loan is a qualifying loan or quasi-loan if it is made on or after 6 April 1999 and before 6 April 2016.</content></subsection>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="section-20-8"><num>(8)</num><content>In this section—<blockList class="unordered none" ukl:Name="UnorderedList" ukl:Decoration="none"><item>“loan” and

<hcontainer xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" name="crossheading" class="schGroup7"><heading>Power to make further provision by regulations</heading><pa

<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-3-paragraph-2" class="schProv1"><num>2</num><content>The amendments made by paragraph 1 have effect in relation to disposals made on or after 11 March 2020.</content></paragraph>

<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-3-paragraph-5" class="schProv1"><num>5</num><subparagraph eId="schedule-3-paragraph-5-1"><num>(1)</num><intro>This paragraph applies where—</intro><level class="para1" eId="schedule-3-paragraph-5-1-a"><num>(a)</

<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-4-paragraph-46" class="schProv1"><num>46</num><subparagraph eId="schedule-4-paragraph-46-1"><num>(1)</num><intro>This sub-paragraph applies if—</intro><level class="para1" eId="schedule-4-paragraph-46-1-a"><num>

<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-8-paragraph-8" class="schProv1"><num>8</num><subparagraph eId="schedule-8-paragraph-8-1"><num>(1)</num><intro>If at a time when an enquiry is in progress into a DST return an officer of Revenue and Customs forms the

<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-8-paragraph-11" class="schProv1"><num>11</num><content>An officer of Revenue and Customs or the responsible member may withdraw a notice of referral under paragraph <ref href="#schedule-8-paragraph-10">10</ref>.

<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-8-paragraph-14" class="schProv1"><num>14</num><subparagraph eId="schedule-8-paragraph-14-1"><num>(1)</num><content>An enquiry is completed when an officer of Revenue and Customs by notice (a “closure notice”) inform

<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-8-paragraph-17" class="schProv1"><num>17</num><subparagraph eId="schedule-8-paragraph-17-1"><num>(1)</num><content>An HMRC determination has effect for enforcement purposes as if it were a self-assessment (within th

<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-8-paragraph-20" class="schProv1"><num>20</num><subparagraph eId="schedule-8-paragraph-20-1"><num>(1)</num><intro>If a DST return has been delivered in respect of the accounting period, the power to make a discovery

<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-8-paragraph-23" class="schProv1"><num>23</num><subparagraph eId="schedule-8-paragraph-23-1"><num>(1)</num><intro>This paragraph applies where—</intro><level class="para1" eId="schedule-8-paragraph-23-1-a"><num>(

<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-9-paragraph-2" class="schProv1"><num>2</num><subparagraph eId="schedule-9-paragraph-2-1"><num>(1)</num><intro>For the purposes of the recovery from the recipient of any unpaid digital services tax, penalty or intere

<paragraph xmlns="http://docs.oasis-open.org/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" xmlns:fo="http://www.w3.org/1999/XSL/Format" eId="schedule-10-

<paragraph xmlns="http://docs.oasis-open.org/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="schedule-12-paragraph-3" class="schProv1"><num>3</num><content><mod>In section 70 (charge to carbon

<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-13-paragraph-2" class="schProv1"><num>2</num><subparagraph eId="schedule-13-paragraph-2-1"><num>(1)</num><content>An authorised HMRC officer may give a notice under this sub-paragraph to an individual if it appears

<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-13-paragraph-6" class="schProv1"><num>6</num><subparagraph eId="schedule-13-paragraph-6-1"><num>(1)</num><intro>In this Schedule “tax-avoidance arrangements” means—</intro><level class="para1" eId="schedule-13-p

<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-13-paragraph-9" class="schProv1"><num>9</num><intro>The amount for which an individual is jointly and severally liable under paragraph <ref href="#schedule-13-paragraph-2">2</ref> or <ref href="#schedule-13-paragrap

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="schedule-13-paragraph-9-a"><num>(a)</num><content>section 61 of VATA 1994 (VAT evasion: liability of directors etc);</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="schedule-13-paragraph-9-b"><num>(b)</num><content>section 28 of FA 2003 (liability of directors etc where body corporate liable to penalty for evasion of customs duty etc);</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="schedule-13-paragraph-9-c"><num>(c)</num><content>paragraph 19 of Schedule 24 to FA 2007 (liability of company officer where company liable to penalty under that Schedule);</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="schedule-13-paragraph-9-d"><num>(d)</num><content>paragraph 22 of Schedule 41 to FA 2008 (liability of company officer where company liable to penalty under that Schedule).</content></level>

<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-13-paragraph-12" class="schProv1"><num>12</num><subparagraph eId="schedule-13-paragraph-12-1"><num>(1)</num><content>This paragraph applies where HMRC are required to undertake a review under paragraph <ref href="#s

<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-13-paragraph-15" class="schProv1"><num>15</num><subparagraph eId="schedule-13-paragraph-15-1"><num>(1)</num><intro>Where—</intro><level class="para1" eId="schedule-13-paragraph-15-1-a"><num>(a)</num><content>

<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-13-paragraph-18" class="schProv1"><num>18</num><subparagraph eId="schedule-13-paragraph-18-1"><num>(1)</num><content>This paragraph has effect for the purposes of this Schedule as it applies in relation to a limited

<paragraph xmlns="http://docs.oasis-open.org/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="schedule-14-paragraph-2" class="schProv1"><num>2</num><content><mod>In section 209 (counteracting t

<paragraph xmlns="http://docs.oasis-open.org/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="schedule-12-paragraph-4" class="schProv1"><num>4</num><subparagraph eId="schedule-12-paragraph-4-1"><n

<paragraph xmlns="http://docs.oasis-open.org/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="schedule-14-paragraph-3" class="schProv1"><num>3</num><content><mod>After section 209 insert—<quote

<paragraph xmlns="http://docs.oasis-open.org/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="schedule-12-paragraph-5" class="schProv1"><num>5</num><content><mod>In section 76 (consequential pr

<paragraph xmlns="http://docs.oasis-open.org/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="schedule-14-paragraph-4" class="schProv1"><num>4</num><content><mod>After section <ref href="#d25e2

<paragraph xmlns="http://docs.oasis-open.org/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="schedule-12-paragraph-6" class="schProv1"><num>6</num><subparagraph eId="schedule-12-paragraph-6-1"><n

<paragraph xmlns="http://docs.oasis-open.org/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="schedule-14-paragraph-5" class="schProv1"><num>5</num><content><mod>After section 209AB (as inserte

<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-14-paragraph-6" class="schProv1"><num>6</num><content>Omit sections 209A to 209F (provisional counteraction notices).</content></paragraph>

<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-14-paragraph-7" class="schProv1"><num>7</num><intro>In section 214(1) (interpretation of Part 5 of FA 2013), omit—</intro><level class="para1" eId="schedule-14-paragraph-7-a"><num>(a)</num><content>the defini

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="schedule-14-paragraph-7-a"><num>(a)</num><content>the definition of “notified adjustments”, and</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="schedule-14-paragraph-7-b"><num>(b)</num><content>the definition of “provisional counteraction notice”.</content></level>

<hcontainer xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" name="definition"><intro>“<term refersTo="#term-relevant-time" eId="term-relevant-time">relevant time</term>” means any time—</intro><level class="para1"><num>(a)</num><content>after the time when the information is provi

<hcontainer xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" name="definition"><content>“<term refersTo="#term-provider" eId="term-provider">provider</term>” means the person providing the online marketplace;</content></hcontainer>

<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-1-paragraph-30" class="schProv1"><num>30</num><subparagraph eId="schedule-1-paragraph-30-1"><num>(1)</num><intro>This paragraph applies where—</intro><level class="para1" eId="schedule-1-paragraph-30-1-a"><num>(

<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-2-paragraph-23" class="schProv1"><num>23</num><content>ITEPA 2003 is amended as follows.</content></paragraph>

<paragraph xmlns="http://docs.oasis-open.org/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="schedule-4-paragraph-39" class="schProv1"><num>39</num><content><mod>In section 2A of TCGA 1992 (co

<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-14-paragraph-8" class="schProv1"><num>8</num><content>In paragraph 11 of Schedule 43A (meaning of “equivalent arrangements”), omit “For the purposes of paragraph 1,”.</content></paragraph>

<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-15-paragraph-2" class="schProv1"><num>2</num><subparagraph eId="schedule-15-paragraph-2-1"><num>(1)</num><content>In this Schedule “qualifying payment” means a payment within any of sub-paragraphs (2) to (5).</c

<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-15-paragraph-5" class="schProv1"><num>5</num><subparagraph eId="schedule-15-paragraph-5-1"><num>(1)</num><content>This paragraph applies where a qualifying payment is at any time received by a person or the personal

<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-1-paragraph-31" class="schProv1"><num>31</num><subparagraph eId="schedule-1-paragraph-31-1"><num>(1)</num><intro>This paragraph applies where—</intro><level class="para1" eId="schedule-1-paragraph-31-1-a"><num>(

<paragraph xmlns="http://docs.oasis-open.org/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="schedule-2-paragraph-24" class="schProv1"><num>24</num><subparagraph eId="schedule-2-paragraph-24-1"><

<paragraph xmlns="http://docs.oasis-open.org/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="schedule-14-paragraph-9" class="schProv1"><num>9</num><content><mod>In paragraph 5 of Schedule 43C

<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-1-paragraph-32" class="schProv1"><num>32</num><subparagraph eId="schedule-1-paragraph-32-1"><num>(1)</num><content>This paragraph applies for the purposes of paragraphs 30 and 31 where a chain payment (“the actual p

<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-2-paragraph-25" class="schProv1"><num>25</num><content><mod>In section 554Z (interpretation: general) in subsection (10)(d) after “paragraph 1” insert <quotedText>“ or 1A ”</quoted

<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-1-paragraph-33" class="schProv1"><num>33</num><content>For the purposes of section 61N(5), (5A)(a) and (8)(za) of ITEPA 2003 it does not matter whether the status determination statement concerned is given before 6

<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-1-paragraph-34" class="schProv1"><num>34</num><intro>For the purposes of section 61T of ITEPA 2003—</intro><level class="para1" eId="schedule-1-paragraph-34-a"><num>(a)</num><content>it does not matter whethe

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="schedule-1-paragraph-34-a"><num>(a)</num><content>it does not matter whether the representations to the client mentioned in subsection (1) of that section were made before 6 April 2021 or on or after that date, but

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="schedule-1-paragraph-34-b"><num>(b)</num><content>in a case where the representations were made before 6 April 2021 that section has effect as if the reference in subsection (3) to the date the client receives the

<hcontainer xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" name="crossheading" class="schGroup7"><heading>Research and development allowances</heading><paragraph eId

<paragraph xmlns="http://docs.oasis-open.org/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="schedule-5-paragraph-2" class="schProv1"><num>2</num><content><mod>In Part 2A (structures and build

<paragraph xmlns="http://docs.oasis-open.org/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="schedule-4-paragraph-10" class="schProv1"><num>10</num><c

<paragraph xmlns="http://docs.oasis-open.org/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="schedule-4-paragraph-23" class="schProv1"><num>23</num><subparagraph eId="schedule-4-paragraph-23-1"><

<hcontainer xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" name="definition"><content>“<term refersTo="#term-relevant-person" eId="term-relevant-person">relevant person</term>” has the same meaning as in section 47;</content></hcontainer>

<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-4-paragraph-1" class="schProv1"><num>1</num><content>Part 7ZA of CTA 2010 (restrictions on obtaining certain deductions) is amended as follows.</content></paragraph>

<paragraph xmlns="http://docs.oasis-open.org/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="schedule-4-paragraph-11" class="schProv1"><num>11</num><content><mod>In section 269ZZB of CTA 2010

<paragraph xmlns="http://docs.oasis-open.org/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="schedule-4-paragraph-17" class="schProv1"><num>17</num><content><mod>In section 18 of TCGA 1992 (tr

<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-4-paragraph-36" class="schProv1"><num>36</num><content>Part 7A of CTA 2010 (banking companies: restrictions on obtaining certain deductions) is amended as follows.</content></paragraph>

<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-8-paragraph-16" class="schProv1"><num>16</num><subparagraph eId="schedule-8-paragraph-16-1"><num>(1)</num><content>An officer of Revenue and Customs may determine to the best of the officer’s information and belief

<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-8-paragraph-21" class="schProv1"><num>21</num><subparagraph eId="schedule-8-paragraph-21-1"><num>(1)</num><content>The general rule is that no discovery assessment may be made more than 4 years after the end of the

<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-8-paragraph-26" class="schProv1"><num>26</num><subparagraph eId="schedule-8-paragraph-26-1"><num>(1)</num><content>If, or to the extent that, a claim under paragraph <ref href="#schedule-8-paragraph-24">24</ref> fal

<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-8-paragraph-29" class="schProv1"><num>29</num><subparagraph eId="schedule-8-paragraph-29-1"><num>(1)</num><intro>This paragraph applies where—</intro><level class="para1" eId="schedule-8-paragraph-29-1-a"><num>(

<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-8-paragraph-32" class="schProv1"><num>32</num><content>An assessment under paragraph <ref href="#schedule-8-paragraph-29">29</ref> or <ref href="#schedule-8-paragraph-30">30</ref> may not be made more than 4 years a

<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-13-paragraph-1" class="schProv1"><num>1</num><subparagraph eId="schedule-13-paragraph-1-1"><num>(1)</num><content>This Schedule provides for an individual to be jointly and severally liable to the Commissioners for

<paragraph xmlns="http://docs.oasis-open.org/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="schedule-4-paragraph-2" class="schProv1"><num>2</num><content><mod>After section 269ZB insert—<quot

<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-4-paragraph-37" class="schProv1"><num>37</num><subparagraph eId="schedule-4-paragraph-37-1"><num>(1)</num><content>Section 269CB (restriction on deductions for non-trading deficits from loan relationships) is amende

<paragraph xmlns="http://docs.oasis-open.org/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="schedule-4-paragraph-3" class="schProv1"><num>3</num><subparagraph eId="schedule-4-paragraph-3-1"><num

<paragraph xmlns="http://docs.oasis-open.org/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="schedule-4-paragraph-38" class="schProv1"><num>38</num><intro>In section 269CN (definitions)—</

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="schedule-4-paragraph-38-a"><num>(a)</num><content>omit the definition of “relevant non-trading profits”, and</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="schedule-4-paragraph-38-b"><num>(b)</num><content><mod>at the end insert—<quotedStructure

<paragraph xmlns="http://docs.oasis-open.org/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="schedule-4-paragraph-4" class="schProv1"><num>4</num><content><mod>In section 269ZD (restriction on

<paragraph xmlns="http://docs.oasis-open.org/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="schedule-4-paragraph-5" class="schProv1"><num>5</num><content><mod>In section 269ZF (relevant profi

<paragraph xmlns="http://docs.oasis-open.org/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="schedule-4-paragraph-6" class="schProv1"><num>6</num><content><mod>In section 269ZF, in subsection

<paragraph xmlns="http://docs.oasis-open.org/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="schedule-4-paragraph-7" class="schProv1"><num>7</num><intro>In section 269ZF(4) (calculation of mod

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="schedule-4-paragraph-7-a"><num>(a)</num><content>omit “and” at the end of paragraph (f), and</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="schedule-4-paragraph-7-b"><num>(b)</num><content><mod>after paragraph (g) insert<quotedTe

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-20-9"><num>(9)</num><content>Section 21 makes further provision in connection with the scheme established under this section.</content></subsection>

<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-21"><num>21</num><heading>Operation of the scheme</heading><subsection eId="section-21-1"><num>(1)</num><intro>The scheme may make provision—</intro><level class="para1" eId="section-21-1-a"><num>(a)</num><content>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-21-1"><num>(1)</num><intro>The scheme may make provision—</intro><level class="para1" eId="section-21-1-a"><num>(a)</num><content>in relation to all qualifying agreements or specified descriptions of qualifyi

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-21-1-a"><num>(a)</num><content>in relation to all qualifying agreements or specified descriptions of qualifying agreements only, and</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-21-1-b"><num>(b)</num><content>in relation to all qualifying amounts or specified descriptions of qualifying amounts only.</content></level>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-21-2"><num>(2)</num><content>The scheme may make provision for an amount that is not a qualifying amount by reason only of subsection (4) of section 20 to be treated in certain cases as if it were a qualifying amoun

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-21-3"><num>(3)</num><intro>The scheme may make provision about the making of applications under the scheme, including—</intro><level class="para1" eId="section-21-3-a"><num>(a)</num><content>provision as to w

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-21-3-a"><num>(a)</num><content>provision as to who is or is not eligible to apply,</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-21-3-b"><num>(b)</num><content>provision as to the conditions that must be met in order to apply,</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-21-3-c"><num>(c)</num><content>provision as to the form, manner and content of an application, and</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-21-3-d"><num>(d)</num><content>provision as to information or evidence to be provided in support of an application.</content></level>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-21-4"><num>(4)</num><intro>The scheme may make provision about the determination of applications under the scheme, including—</intro><level class="para1" eId="section-21-4-a"><num>(a)</num><content>provision

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-21-4-a"><num>(a)</num><content>provision in accordance with which the Commissioners must determine whether to exercise their discretion to repay or waive the payment of a qualifying amount, and</content

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-21-4-b"><num>(b)</num><content>provision in accordance with which the Commissioners must determine how much of any qualifying amount to repay or waive.</content></level>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-21-5"><num>(5)</num><intro>The scheme may make provision authorising the Commissioners to make a repayment or waiver conditional—</intro><level class="para1" eId="section-21-5-a"><num>(a)</num><content>on the

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-21-5-a"><num>(a)</num><content>on the applicant or any other person agreeing to the termination or variation of the qualifying agreement concerned,</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-21-5-b"><num>(b)</num><content>on the applicant or any other person making a new agreement with the Commissioners, or</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-21-5-c"><num>(c)</num><content>on the satisfaction of such other conditions as may be specified or determined by the Commissioners.</content></level>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-21-6"><num>(6)</num><intro>The scheme may provide that in making any determination under the scheme the Commissioners may or must take account of—</intro><level class="para1" eId="section-21-6-a"><num>(a)</num><

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-21-6-a"><num>(a)</num><content>the effect the qualifying agreement concerned has had, or may have, on the applicant or any other person (for example, the effect it has had, or may have, on any liability, re

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-21-6-b"><num>(b)</num><content>the effect any repayment or waiver would have on the applicant or any other person (for example, the effect it would have on any liability, relief or benefit), and</conten

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-21-6-c"><num>(c)</num><content>such other matters as may be specified.</content></level>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-21-7"><num>(7)</num><intro>The scheme may make provision as to the effect, if any, a repayment or waiver is to have on—</intro><level class="para1" eId="section-21-7-a"><num>(a)</num><content>the entitlement

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-21-7-a"><num>(a)</num><content>the entitlement of the applicant, or any other person, to a payment, benefit or relief under an enactment,</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-21-7-b"><num>(b)</num><content>the amount or value of such a payment, benefit or relief,</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-21-7-c"><num>(c)</num><content>any liability the applicant, or any other person, may have under an enactment, or</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-21-7-d"><num>(d)</num><content>the extent of any such liability.</content></level>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-21-8"><num>(8)</num><intro>The scheme may make provision for or in connection with the recovery by the Commissioners of—</intro><level class="para1" eId="section-21-8-a"><num>(a)</num><content>any amount repa

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-21-8-a"><num>(a)</num><content>any amount repaid under the scheme in circumstances where the Commissioners consider that the repayment should not have been paid, or</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-21-8-b"><num>(b)</num><content>any amount the payment of which has been waived under the scheme in circumstances where the Commissioners consider that the waiver should not have been granted.</content><

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-21-9"><num>(9)</num><intro>The scheme may make—</intro><level class="para1" eId="section-21-9-a"><num>(a)</num><content>different provision for different purposes or cases,</content></level><level class="

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-21-9-a"><num>(a)</num><content>different provision for different purposes or cases,</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-21-9-b"><num>(b)</num><content>provision generally or for specific cases,</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-21-9-c"><num>(c)</num><content>provision subject to exceptions, and</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-21-9-d"><num>(d)</num><content>incidental, supplementary, consequential or transitional provision.</content></level>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-21-10"><num>(10)</num><content>The scheme may be amended by the Commissioners from time to time.</content></subsection>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-21-11"><num>(11)</num><content>An amendment making provision of a kind authorised by subsection (7) may have effect in relation to a repayment paid or waiver granted before the amendment comes into force, but only i

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-21-12"><num>(12)</num><intro>In this section—</intro><hcontainer name="definition"><content>“<term refersTo="#term-the-scheme" eId="term-the-scheme">the scheme</term>” means the scheme established under secti

<hcontainer xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" name="definition"><content>“the scheme” means the scheme established under section 20,</content></hcontainer>

<hcontainer xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" name="schedule" eId="schedule-1"><num>SCHEDULE 1<authorialNote class="referenceNote"> Section 7</au

<part xmlns="http://docs.oasis-open.org/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="schedule-1-part-1"><num>PART 1</num><heading>Amendments to Chapter 8 of Part 2 of ITEPA 2003</headin

<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-1-paragraph-1" class="schProv1"><num>1</num><content>Chapter 8 of Part 2 of ITEPA 2003 (application of provisions to workers under arrangements made by intermediaries) is amended as follows.</content></paragraph

<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-1-paragraph-2" class="schProv1"><num>2</num><content>For the heading of the Chapter substitute “Workers' services provided through intermediaries to small clients”.</content></paragraph>

<paragraph xmlns="http://docs.oasis-open.org/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="schedule-1-paragraph-3" class="schProv1"><num>3</num><subparagraph eId="schedule-1-paragraph-3-1"><num

<paragraph xmlns="http://docs.oasis-open.org/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="schedule-1-paragraph-4" class="schProv1"><num>4</num><subparagraph eId="schedule-1-paragraph-4-1"><num

<paragraph xmlns="http://docs.oasis-open.org/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="schedule-1-paragraph-5" class="schProv1"><num>5</num><content><mod>After section 60 insert—<quotedS

<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-1-paragraph-6" class="schProv1"><num>6</num><content><mod>In section 61(1) (interpretation), in the definition of company, before “means” insert <quotedText>“ (except in sections 60A to 60G)

<part xmlns="http://docs.oasis-open.org/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="schedule-1-part-2"><num>PART 2</num><heading>Amendments to Chapter 10 of Part 2 of ITEPA 2003</headi

<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-1-paragraph-7" class="schProv1"><num>7</num><content>Chapter 10 of Part 2 of ITEPA 2003 (workers' services provided to public sector through intermediaries) is amended as follows.</content></paragraph>

<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-1-paragraph-8" class="schProv1"><num>8</num><content>For the heading of the Chapter substitute “Workers' services provided through intermediaries to public authorities or medium or large clients”.</content></par

<paragraph xmlns="http://docs.oasis-open.org/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="schedule-1-paragraph-9" class="schProv1"><num>9</num><subparagraph eId="schedule-1-paragraph-9-1"><num

<paragraph xmlns="http://docs.oasis-open.org/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="schedule-1-paragraph-10" class="schProv1"><num>10</num><intro>In section 61L (meaning of “public a

<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="schedule-1-paragraph-10-a"><num>(a)</num><content><mod>after paragraph (a) insert—<quoted

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="schedule-1-paragraph-10-b"><num>(b)</num><content>omit the “or” at the end of paragraph (e), and</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="schedule-1-paragraph-10-c"><num>(c)</num><content><mod>after paragraph (f) insert<quotedT

<paragraph xmlns="http://docs.oasis-open.org/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="schedule-1-paragraph-11" class="schProv1"><num>11</num><subparagraph eId="schedule-1-paragraph-11-1"><

<paragraph xmlns="http://docs.oasis-open.org/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="schedule-1-paragraph-12" class="schProv1"><num>12</num><subparagraph eId="schedule-1-paragraph-12-1"><

<paragraph xmlns="http://docs.oasis-open.org/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="schedule-1-paragraph-13" class="schProv1"><num>13</num><content><mod>After section 61N insert—<quot

<paragraph xmlns="http://docs.oasis-open.org/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="schedule-1-paragraph-14" class="schProv1"><num>14</num><content><mod>In section 61O(1) (conditions

<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-1-paragraph-15" class="schProv1"><num>15</num><content>In section 61R (application of Income Tax Acts in relation to deemed employment) omit subsection (7).</content></paragraph>

<paragraph xmlns="http://docs.oasis-open.org/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="schedule-1-paragraph-16" class="schProv1"><num>16</num><content><mod>For section 61T substitute—<qu

<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-1-paragraph-17" class="schProv1"><num>17</num><subparagraph eId="schedule-1-paragraph-17-1"><num>(1)</num><content>Section 61W (prevention of double charge to tax and allowance of certain deductions) is amended as f

<part xmlns="http://docs.oasis-open.org/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="schedule-1-part-3"><num>PART 3</num><heading>Consequential and miscellaneous amendments</heading><pa

<paragraph xmlns="http://docs.oasis-open.org/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="schedule-1-paragraph-18" class="schProv1"><num>18</num><content><mod>In section 61D of ITEPA 2003 (

<paragraph xmlns="http://docs.oasis-open.org/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="schedule-1-paragraph-19" class="schProv1"><num>19</num><content><mod>After section 688A of ITEPA 20

<paragraph xmlns="http://docs.oasis-open.org/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="schedule-1-paragraph-20" class="schProv1"><num>20</num><content><mod>In section 60 of FA 2004 (cons

<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-1-paragraph-21" class="schProv1"><num>21</num><content><mod>For the italic heading before section 141A of CTA 2009 substitute <quotedText>“ Worker's services provided through intermediary to public a

<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-1-paragraph-22" class="schProv1"><num>22</num><content><mod>In the heading of section 141A of CTA 2009 for “public sector” substitute <quotedText>“ public authority or medium or large client

<paragraph xmlns="http://docs.oasis-open.org/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="schedule-1-paragraph-23" class="schProv1"><num>23</num><subparagraph eId="schedule-1-paragraph-23-1"><

<part xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="schedule-1-part-4"><num>PART 4</num><heading>Commencement and transitional provisions</heading><hcontainer name="crossheading" ukl:Name="Pblock" eId="schedule-1

<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="schedule-1-part-4-crossheading-commencement"><heading>Commencement</heading><paragraph eId="schedule-1-paragraph-24"

<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="schedule-1-part-4-crossheading-transitional-provisions"><heading>Transitional provisions</heading><paragraph eId="sc

<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="schedule" eId="schedule-2"><num>SCHEDULE 2<authorialNote class="referenceNote"> Sections 15 and 1

<part xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-2-part-1"><num>PART 1</num><heading>Amendments to F(No.2)A 2017 in consequence of section 15</heading><paragraph eId="schedule-2-paragraph-1" class="schProv1"><num>1</num><content>Schedule 11 to F(No.2)A 2017 (emp

<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-2-paragraph-1" class="schProv1"><num>1</num><content>Schedule 11 to F(No.2)A 2017 (employment income provided through third parties: loans etc outstanding on 5 April 2019) is amended as follows.</content></parag

<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-2-paragraph-2" class="schProv1"><num>2</num><content><mod>In paragraph 1 (application of Part 7A of ITEPA 2003: relevant step) in sub-paragraph (2) for the words from “before” to the end substitute <quotedText>“

<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-2-paragraph-3" class="schProv1"><num>3</num><content><mod>For the italic heading before paragraph 2 substitute “Meaning of <quotedText>“ loan ”</quotedText> and “quasi loan” ”.</mod></p

<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-2-paragraph-4" class="schProv1"><num>4</num><content>In paragraph 2 (meaning of “loan”, “quasi-loan” and “approved repayment date”) omit sub-paragraph (6).</content></paragraph>

<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-2-paragraph-5" class="schProv1"><num>5</num><subparagraph eId="schedule-2-paragraph-5-1"><num>(1)</num><content>Paragraph 4 (when an amount of a loan is outstanding: certain repayments to be disregarded) is amended

<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-2-paragraph-6" class="schProv1"><num>6</num><content><mod>In paragraph 5 (meaning of “outstanding”: loans where A or B acquires a right to payment of the loan) in sub-paragraph (1)(b) for “6 April 1999” substitute

<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-2-paragraph-7" class="schProv1"><num>7</num><content><mod>In paragraph 13 (meaning of “outstanding”: quasi-loans where A or B acquires a right to the payment or transfer of assets) in sub-paragraph (1)(b) for “6 A

<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-2-paragraph-8" class="schProv1"><num>8</num><content>Omit paragraph 19 (meaning of “approved fixed term loan”) and the italic heading before that paragraph.</content></paragraph>

<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-2-paragraph-9" class="schProv1"><num>9</num><content><mod>For the heading of Part 2 substitute <quotedText>“ Accelerated payments ”</quotedText>.</mod></content></paragraph>

<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-2-paragraph-10" class="schProv1"><num>10</num><content>Omit paragraphs 20 to 22 and the italic headings before each of those paragraphs.</content></paragraph>

<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-2-paragraph-11" class="schProv1"><num>11</num><content>Omit the italic heading before paragraph 23.</content></paragraph>

<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-2-paragraph-12" class="schProv1"><num>12</num><subparagraph eId="schedule-2-paragraph-12-1"><num>(1)</num><content>Paragraph 23 (accelerated payments) is amended as follows.</content></subparagraph><subparagraph

<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-2-paragraph-13" class="schProv1"><num>13</num><subparagraph eId="schedule-2-paragraph-13-1"><num>(1)</num><content>Paragraph 35A (when the duty to provide loan charge information arises) is amended as follows.</

<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-2-paragraph-14" class="schProv1"><num>14</num><content>In paragraph 35B (duty of appropriate third party to provide information to A) in sub-paragraph (1) omit “Q,”.</content></paragraph>

<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-2-paragraph-15" class="schProv1"><num>15</num><subparagraph eId="schedule-2-paragraph-15-1"><num>(1)</num><content>Paragraph 35D (meaning of “loan charge information”) is amended as follows.</content></subparag

<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-2-paragraph-16" class="schProv1"><num>16</num><subparagraph eId="schedule-2-paragraph-16-1"><num>(1)</num><content>Paragraph 36 (duty to provide loan charge information to B) is amended as follows.</content></su

<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-2-paragraph-17" class="schProv1"><num>17</num><content>Schedule 12 to F(No.2)A 2017 (trading income provided through third parties: loans etc outstanding on 5 April 2019) is amended as follows.</content></paragr

<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-2-paragraph-18" class="schProv1"><num>18</num><content><mod>For the italic heading before paragraph 2 substitute “Meaning of <quotedText>“ loan ”</quotedText> and “quasi loan” ”.</mod><

<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-2-paragraph-19" class="schProv1"><num>19</num><content>In paragraph 2 (meaning of “loan”, “quasi-loan” and “approved repayment date”) omit sub-paragraph (6).</content></paragraph>

<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-2-paragraph-20" class="schProv1"><num>20</num><content>Omit paragraphs 15 to 18 and the italic heading before each of those paragraphs.</content></paragraph>

<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-2-paragraph-21" class="schProv1"><num>21</num><subparagraph eId="schedule-2-paragraph-21-1"><num>(1)</num><content>Paragraph 19 (accelerated payments: application of paragraph 20) is amended as follows.</content

<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-2-paragraph-22" class="schProv1"><num>22</num><content>In paragraph 23 (meaning of “loan charge information”) in sub-paragraph (2) omit paragraph (a).</content></paragraph>

<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="schedule-2-part-2"><num>PART 2</num><heading>Amendments in consequence of section 16</heading><hcont

<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="schedule-2-part-2-crossheading-itepa-2003"><heading>ITEPA 20

<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="schedule-2-part-2-crossheading-fno2a-2017"><heading>F(No.2)A

<hcontainer xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" name="crossheading" class="schGroup7"><heading>Appeals under paragraph <ref href="#schedule-13-paragraph-13">13</ref></heading><paragraph eId="schedule-13-paragraph-14" class="schProv1"><num>14</num><subparagraph eId="schedule-13-p

<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-2-paragraph-39" class="schProv1"><num>39</num><subparagraph eId="schedule-2-paragraph-39-1"><num>(1)</num><content>The Social Security (Contributions) Regulations 2001 (S.I. 2001/1004) are amended as follows.</c

<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-4-paragraph-42" class="schProv1"><num>42</num><content>The amendments made by this Schedule have effect in relation to accounting periods beginning on or after 1 April 2020.</content></paragraph>

<paragraph xmlns="http://docs.oasis-open.org/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="schedule-6-paragraph-3" class="schProv1"><num>3</num><content><mod>After section 330 of CTA 2009 in

<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-11-paragraph-1" class="schProv1"><num>1</num><content>HODA 1979 is amended as follows.</content></paragraph>

<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-13-paragraph-5" class="schProv1"><num>5</num><subparagraph eId="schedule-13-paragraph-5-1"><num>(1)</num><content>An authorised HMRC officer may give a notice under this sub-paragraph to an individual if it appears

<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-13-paragraph-8" class="schProv1"><num>8</num><subparagraph eId="schedule-13-paragraph-8-1"><num>(1)</num><intro>For the purposes of this Schedule a company is “subject to an insolvency procedure” if—</intro><lev

<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-13-paragraph-11" class="schProv1"><num>11</num><subparagraph eId="schedule-13-paragraph-11-1"><num>(1)</num><intro>Where—</intro><level class="para1" eId="schedule-13-paragraph-11-1-a"><num>(a)</num><content>

<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-13-paragraph-14" class="schProv1"><num>14</num><subparagraph eId="schedule-13-paragraph-14-1"><num>(1)</num><intro>On an appeal under paragraph <ref href="#schedule-13-paragraph-13">13</ref>—</intro><level class

<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-13-paragraph-17" class="schProv1"><num>17</num><subparagraph eId="schedule-13-paragraph-17-1"><num>(1)</num><intro>Where a joint liability notice is given to an individual at a time when the company to which the not

<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-4-paragraph-43" class="schProv1"><num>43</num><subparagraph eId="schedule-4-paragraph-43-1"><num>(1)</num><content>Paragraph 44 applies where a company has an accounting period beginning before 1 April 2020 and endi

<paragraph xmlns="http://docs.oasis-open.org/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="schedule-6-paragraph-4" class="schProv1"><num>4</num><content><mod>After section 607 of CTA 2009 in

<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-11-paragraph-2" class="schProv1"><num>2</num><content>In section 6AB(4A) after “vehicles” insert “etc”.</content></paragraph>

<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-4-paragraph-44" class="schProv1"><num>44</num><subparagraph eId="schedule-4-paragraph-44-1"><num>(1)</num><intro>The amount of chargeable gains to be included in the company's total profits for the straddling period

<paragraph xmlns="http://docs.oasis-open.org/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="schedule-6-paragraph-5" class="schProv1"><num>5</num><content><mod>In paragraph 40 of Schedule 5 to

<paragraph xmlns="http://docs.oasis-open.org/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="schedule-11-paragraph-3" class="schProv1"><num>3</num><subparagraph eId="schedule-11-paragraph-3-1"><n

<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-4-paragraph-45" class="schProv1"><num>45</num><subparagraph eId="schedule-4-paragraph-45-1"><num>(1)</num><intro>This paragraph applies in relation to a non-UK resident company which carries on a UK property busines

<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-11-paragraph-4" class="schProv1"><num>4</num><content>In section 13ZB(5), in paragraph (b) of the definition of “prohibited use” after “vehicle” insert “or as fuel for a private pleasure craft”.</content></parag

<paragraph xmlns="http://docs.oasis-open.org/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="schedule-11-paragraph-5" class="schProv1"><num>5</num><content><mod>In section 14A for subsection (

<paragraph xmlns="http://docs.oasis-open.org/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="schedule-11-paragraph-6" class="schProv1"><num>6</num><subparagraph eId="schedule-11-paragraph-6-1"><n

<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-11-paragraph-7" class="schProv1"><num>7</num><subparagraph eId="schedule-11-paragraph-7-1"><num>(1)</num><content>Section 14C is amended as follows.</content></subparagraph><subparagraph eId="schedule-11-paragra

<paragraph xmlns="http://docs.oasis-open.org/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="schedule-11-paragraph-8" class="schProv1"><num>8</num><content><mod>For section 14E substitute—<quo

<paragraph xmlns="http://docs.oasis-open.org/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="schedule-11-paragraph-9" class="schProv1"><num>9</num><content><mod>For section 14F substitute—<quo

<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-11-paragraph-10" class="schProv1"><num>10</num><content>In section 20AAA(4)(a) after “vehicle” insert “or as fuel for propelling a private pleasure craft”.</content></paragraph>

<paragraph xmlns="http://docs.oasis-open.org/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="schedule-11-paragraph-11" class="schProv1"><num>11</num><content><mod>In section 24 (control of use

<paragraph xmlns="http://docs.oasis-open.org/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="schedule-11-paragraph-12" class="schProv1"><num>12</num><content><mod>In section 27(1) at the appro

<paragraph xmlns="http://docs.oasis-open.org/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="schedule-11-paragraph-13" class="schProv1"><num>13</num><subparagraph eId="schedule-11-paragraph-13-1"

<paragraph xmlns="http://docs.oasis-open.org/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="schedule-11-paragraph-14" class="schProv1"><num>14</num><subparagraph eId="schedule-11-paragraph-14-1"

<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="schedule-2-part-2-crossheading-social-security-contributions-regulations-2001"><heading>Social Security (Contributions)

<hcontainer xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" name="schedule" eId="schedule-3"><num>SCHEDULE 3<authorialNote class="referenceNote"> Section 23</authorialNote></num><heading>Entrepreneurs' relief</heading><

<part xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="schedule-3-part-1"><num>PART 1</num><heading>Reduction in lifetime limit</heading><hcontainer name="crossheading" ukl:Name="Pblock" eId="schedule-3-part-1-cross

<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="schedule-3-part-1-crossheading-reduction-in-lifetime-limit"><heading>Reduction in lifetime limit</heading><paragraph

<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="schedule-3-part-1-crossheading-commencement"><heading>Commencement</heading><paragraph eId="schedule-3-paragraph-2"

<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="schedule-3-part-1-crossheading-antiforestalling-unconditional-contracts"><heading>Anti-forestalling: unconditional contr

<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="schedule-3-part-1-crossheading-antiforestalling-reorganisations-of-share-capital"><heading>Anti-forestalling: reorganisa

<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="schedule-3-part-1-crossheading-antiforestalling-exchanges-of-securities-etc"><heading>Anti-forestalling: exchanges of se

<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="schedule-3-part-1-crossheading-interpretation"><heading>Interpretation</heading><paragraph eId="schedule-3-paragraph

<part xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-3-part-2"><num>PART 2</num><heading>Re-naming the relief</heading><paragraph eId="schedule-3-paragraph-7" class="schProv1"><num>7</num><subparagraph eId="schedule-3-paragraph-7-1"><num>(1)</num><content><mod>In se

<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-3-paragraph-7" class="schProv1"><num>7</num><subparagraph eId="schedule-3-paragraph-7-1"><num>(1)</num><content><mod>In section 169H(1) of TCGA 1992 (relief under Chapter 3 of Part 5: introduction), for “to be known

<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-3-paragraph-8" class="schProv1"><num>8</num><content>This Part of this Schedule has effect for the tax year 2020-21 and subsequent tax years.</content></paragraph>

<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="schedule" eId="schedule-4"><num>SCHEDULE 4<authorialNot

<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="schedule-4-part-1"><num>PART 1</num><heading>Corporate

<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="schedule-4-part-1-crossheading-restriction-on-deduction-from-ch

<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="schedule-4-part-1-crossheading-insolvent-companies"><heading><i

<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="schedule-4-part-1-crossheading-offshore-collective-investment-v

<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="schedule-4-part-1-crossheading-oil-activities-ring-fence"><head

<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="schedule-4-part-1-crossheading-clogged-losses"><heading>Clog

<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="schedule-4-part-1-crossheading-preentry-losses"><heading>Pre

<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="schedule-4-part-1-crossheading-real-estate-investment-trusts"><

<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="schedule-4-part-1-crossheading-counteraction-of-avoidance-arran

<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="schedule-4-part-1-crossheading-minor-and-consequential-amendmen

<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="schedule-4-part-2"><num>PART 2</num><heading>Corporate capital loss deductions: miscellaneous provis

<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="schedule-4-part-2-crossheading-companies-without-a-source-of-ch

<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="schedule-4-part-2-crossheading-insurance-companies-minor-amendm

<part xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="schedule-4-part-3"><num>PART 3</num><heading>Commencement and anti-forestalling provision</heading><hcontainer name="crossheading" ukl:Name="Pblock" eId="schedu

<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="schedule-4-part-3-crossheading-commencement"><heading>Commencement</heading><paragraph eId="schedule-4-paragraph-42"

<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="schedule-4-part-3-crossheading-antiforestalling-provision"><heading>Anti-forestalling provision</heading><paragraph

<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="schedule" eId="schedule-5"><num>SCHEDULE 5<authorialNote class="referenceNote"> Section 30</a

<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="schedule-5-crossheading-introduction"><heading>Introduction</heading><paragraph eId="schedule-5-paragraph-1" class="

<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="schedule-5-crossheading-research-and-development-allowances"><h

<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="schedule-5-crossheading-contribution-allowances"><heading>Co

<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="schedule-5-crossheading-minor-amendments"><heading>Minor amendments</heading><paragraph eId="schedule-5-paragraph-4"

<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="schedule-5-crossheading-commencement"><heading>Commencement</heading><paragraph eId="schedule-5-paragraph-8" class="

<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="schedule" eId="schedule-6"><num>SCHEDULE 6<authorialNote class="referenceNote"> Section 32</a

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1"><num>(b)</num><content>before the giving of a direction under section 56 in relation to the group.</content></level>

<paragraph xmlns="http://docs.oasis-open.org/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="schedule-6-paragraph-6" class="schProv1"><num>6</num><intro>In paragraph 2 of Schedule 18 to FA 199

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="schedule-6-paragraph-6-a"><num>(a)</num><content>omit the “and” before paragraph (b), and</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="schedule-6-paragraph-6-b"><num>(b)</num><content><mod>after that paragraph insert <quoted

<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-11-paragraph-18" class="schProv1"><num>18</num><content>Paragraphs <ref href="#schedule-11-paragraph-1">1</ref> to <ref href="#schedule-11-paragraph-17">17</ref> of this Schedule come into force on such day or days

<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-16-paragraph-1" class="schProv1"><num>1</num><subparagraph eId="schedule-16-paragraph-1-1"><num>(1)</num><content>This paragraph applies if a person carrying on, or who carried on, a business (whether alone or in pa

<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-16-paragraph-4" class="schProv1"><num>4</num><subparagraph eId="schedule-16-paragraph-4-1"><num>(1)</num><content>An amount of a coronavirus support payment that relates only to mutual activities of a business that

<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-16-paragraph-7" class="schProv1"><num>7</num><intro>The Treasury may by regulations modify the application of any provision of the Tax Acts that affects (or that otherwise would affect) the treatment of—</intro>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="schedule-16-paragraph-7-a"><num>(a)</num><content>receipts brought into account under paragraph <ref href="#schedule-16-paragraph-1-2">1(2)</ref>,</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="schedule-16-paragraph-7-b"><num>(b)</num><content>amounts treated as post-cessation receipts under paragraph <ref href="#schedule-16-paragraph-2-3">2(3)</ref> or <ref href="#schedule-16-paragraph-2-4">(4)</ref>, or

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="schedule-16-paragraph-7-c"><num>(c)</num><content>amounts charged under paragraph <ref href="#schedule-16-paragraph-5-1">5(1)</ref> or <ref href="#schedule-16-paragraph-6-1">6(1)</ref>.</content></level>

<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-16-paragraph-10" class="schProv1"><num>10</num><subparagraph eId="schedule-16-paragraph-10-1"><num>(1)</num><content>Section 23 of ITA 2007 (calculation of income tax liability) applies in relation to a person liabl

<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-16-paragraph-13" class="schProv1"><num>13</num><subparagraph eId="schedule-16-paragraph-13-1"><num>(1)</num><content>This paragraph applies to a failure of a person to notify, under section 7 of TMA 1970 (as modifie

<paragraph xmlns="http://docs.oasis-open.org/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="schedule-6-paragraph-7" class="schProv1"><num>7</num><intro>In section 55A(1) of FA 2004 (exception

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="schedule-6-paragraph-7-a"><num>(a)</num><content>omit the “and” before paragraph (b), and</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="schedule-6-paragraph-7-b"><num>(b)</num><content><mod>after that paragraph insert <quoted

<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-11-paragraph-19" class="schProv1"><num>19</num><content>Different days may be appointed for different purposes or different areas.</content></paragraph>

<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-11-paragraph-20" class="schProv1"><num>20</num><content>The Treasury may by regulations make such transitional, transitory or saving provision as they consider appropriate in connection with the coming into force of

<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-11-paragraph-21" class="schProv1"><num>21</num><content>The Treasury may by regulations make such amendments of any enactment as they consider appropriate in consequence of the coming into force of any of paragraphs

<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-11-paragraph-22" class="schProv1"><num>22</num><content>A statutory instrument containing regulations under paragraph <ref href="#schedule-11-paragraph-21">21</ref> is subject to annulment in pursuance of a resoluti

<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-11-paragraph-23" class="schProv1"><num>23</num><content>Any power to make regulations under this Schedule is exercisable by statutory instrument.</content></paragraph>

<hcontainer xmlns="http://docs.oasis-open.org/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" xmlns:default1="http://www.w3.org/1999/xhtml" xmlns:fo=

<hcontainer xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" name="definition"><content>“<term refersTo="#term-subsidiary" eId="term-subsidiary">subsidiary</term>” has the meaning given by section 57;</content></hcontainer>

<paragraph xmlns="http://docs.oasis-open.org/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="schedule-7-paragraph-1" class="schProv1"><num>1</num><content><mod>In TMA 1970, after section 59FA

<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-12-paragraph-1" class="schProv1"><num>1</num><content>Part 3 of FA 2019 (carbon emissions tax) is amended in accordance with paragraphs <ref href="#schedule-12-paragraph-2">2</ref> to <ref href="#schedule-12-paragra

<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-14-paragraph-10" class="schProv1"><num>10</num><content>The amendment made by paragraph <ref href="#schedule-14-paragraph-2">2</ref> has effect in relation to adjustments made by an officer of Revenue and Customs by

<paragraph xmlns="http://docs.oasis-open.org/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="schedule-7-paragraph-2" class="schProv1"><num>2</nu

<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-14-paragraph-11" class="schProv1"><num>11</num><content>The amendment made by paragraph <ref href="#schedule-14-paragraph-3">3</ref> has effect in relation to notices given under section <ref href="#d25e27340">209AA

<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-14-paragraph-12" class="schProv1"><num>12</num><content>The amendment made by paragraph <ref href="#schedule-14-paragraph-4">4</ref> has effect in relation to notices given under Schedule 43 or 43A to FA 2013 on or

<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-14-paragraph-13" class="schProv1"><num>13</num><content>The amendment made by paragraph <ref href="#schedule-14-paragraph-6">6</ref> does not affect the operation of sections 209A to 209F of FA 2013 in relation to p

<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-14-paragraph-14" class="schProv1"><num>14</num><content>The amendment made by paragraph <ref href="#schedule-14-paragraph-9">9</ref> has effect in relation to cases where a person becomes liable to a penalty under s

<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-14-paragraph-15" class="schProv1"><num>15</num><content>In paragraphs <ref href="#schedule-14-paragraph-10">10</ref> to <ref href="#schedule-14-paragraph-14">14</ref> “the commencement date” means the date on which

<hcontainer xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" name="definition"><content>“<term refersTo="#term-emissions-allowance" eId="term-emissions-allowance">emissions allowance</term>” means an allowance under paragraph 5 of Schedule 2 to the Climate Change Act 2008 relating to a tr

<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-8-paragraph-2" class="schProv1"><num>2</num><subparagraph eId="schedule-8-paragraph-2-1"><num>(1)</num><content>A DST return for an accounting period must be delivered before the end of one year from the end of the

<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-8-paragraph-5" class="schProv1"><num>5</num><intro>The duty under paragraph <ref href="#schedule-8-paragraph-4">4</ref> to preserve records may be satisfied—</intro><level class="para1" eId="schedule-8-paragraph

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="schedule-8-paragraph-5-a"><num>(a)</num><content>by preserving them in any form and by any means, or</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="schedule-8-paragraph-5-b"><num>(b)</num><content>by preserving the information contained in them in any form and by any means,</content></level>

<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-8-paragraph-33" class="schProv1"><num>33</num><subparagraph eId="schedule-8-paragraph-33-1"><num>(1)</num><intro>An appeal may be brought against—</intro><level class="para1" eId="schedule-8-paragraph-33-1-a"><n

<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-8-paragraph-36" class="schProv1"><num>36</num><subparagraph eId="schedule-8-paragraph-36-1"><num>(1)</num><content>This paragraph applies if notice of appeal has been given to HMRC.</content></subparagraph><subp

<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-8-paragraph-39" class="schProv1"><num>39</num><subparagraph eId="schedule-8-paragraph-39-1"><num>(1)</num><content>This paragraph applies if HMRC are required by paragraph <ref href="#schedule-8-paragraph-37">37</re

<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-8-paragraph-42" class="schProv1"><num>42</num><subparagraph eId="schedule-8-paragraph-42-1"><num>(1)</num><content>Where HMRC have offered to review the matter to which a notice of an appeal under paragraph <ref hre

<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-8-paragraph-45" class="schProv1"><num>45</num><subparagraph eId="schedule-8-paragraph-45-1"><num>(1)</num><content>Where there is an appeal under paragraph <ref href="#schedule-8-paragraph-33">33</ref>, the tax in q

<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-8-paragraph-48" class="schProv1"><num>48</num><subparagraph eId="schedule-8-paragraph-48-1"><num>(1)</num><content>This paragraph applies where an appeal under paragraph <ref href="#schedule-8-paragraph-33">33</ref>

<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-8-paragraph-51" class="schProv1"><num>51</num><content>The determination of the tribunal in relation to any proceedings under this Part of this Schedule is final and conclusive except as otherwise provided in sectio

<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-10-paragraph-1" class="schProv1"><num>1</num><content>In section 1(1) of the Provisional Collection of Taxes Act 1968 (temporary statutory effect of House of Commons resolutions affecting income tax etc) after “the

<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-10-paragraph-4" class="schProv1"><num>4</num><content>FA 2008 is amended as follows.</content></paragraph>

<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-15-paragraph-1" class="schProv1"><num>1</num><subparagraph eId="schedule-15-paragraph-1-1"><num>(1)</num><intro>This Schedule provides for the following in respect of qualifying payments—</intro><level class="pa

<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-15-paragraph-4" class="schProv1"><num>4</num><subparagraph eId="schedule-15-paragraph-4-1"><num>(1)</num><intro>A gain accruing on a disposal is not a chargeable gain if it accrues on—</intro><level class="para1

<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-16-paragraph-2" class="schProv1"><num>2</num><subparagraph eId="schedule-16-paragraph-2-1"><num>(1)</num><intro>This paragraph applies if a person who carried on a business (whether alone or in partnership) receives

<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-16-paragraph-5" class="schProv1"><num>5</num><subparagraph eId="schedule-16-paragraph-5-1"><num>(1)</num><content>Income tax is charged on an amount of a coronavirus support payment made under an employment-related

<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-16-paragraph-8" class="schProv1"><num>8</num><subparagraph eId="schedule-16-paragraph-8-1"><num>(1)</num><content>A recipient of an amount of a coronavirus support payment is liable to income tax under this paragrap

<paragraph xmlns="http://docs.oasis-open.org/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="schedule-16-paragraph-11" class="schProv1"><num>11</num><subparagraph eId="schedule-16-paragraph-11-1"

<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-16-paragraph-14" class="schProv1"><num>14</num><subparagraph eId="schedule-16-paragraph-14-1"><num>(1)</num><content>This paragraph applies to a failure to notify, under section 7 of TMA 1970 (as modified by paragra

<paragraph xmlns="http://docs.oasis-open.org/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="schedule-10-paragraph-5" class="schProv1"><num>5</num><subparagraph eId="schedule-10-paragraph-5-1"><n

<hcontainer xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" name="schedule" eId="schedule-8"><num>SCHEDULE 8<authorialNote class="referenceNote">Section 56</authorialNote></num><heading>Digital services tax: returns, enquiries, assessments and appeals</heading><part eId="schedule-8-p

<part xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-8-part-1"><num>PART 1</num><heading>Introduction</heading><paragraph eId="schedule-8-paragraph-1" class="schProv1"><num>1</num><subparagraph eId="schedule-8-paragraph-1-1"><num>(1)</num><intro>References in this Schedule

<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-8-paragraph-1" class="schProv1"><num>1</num><subparagraph eId="schedule-8-paragraph-1-1"><num>(1)</num><intro>References in this Schedule—</intro><level class="para1" eId="schedule-8-paragraph-1-1-a"><num>(a)</n

<part xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-8-part-2"><num>PART 2</num><heading>DST returns</heading><hcontainer name="crossheading" class="schGroup7"><heading>DST returns</heading><paragraph eId="schedule-8-paragraph-2" class="schProv1"><num>2</num><subparagraph eId

<part xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-8-part-3"><num>PART 3</num><heading>Duty to keep and preserve records</heading><hcontainer name="crossheading" class="schGroup7"><heading>Duty to keep and preserve records</heading><paragraph eId="schedule-8-paragraph-4" cl

<part xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-8-part-4"><num>PART 4</num><heading>Enquiry into return</heading><hcontainer name="crossheading" class="schGroup7"><heading>Notice of enquiry</heading><paragraph eId="schedule-8-paragraph-6" class="schProv1"><num>6</num><su

<part xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-8-part-5"><num>PART 5</num><heading>HMRC determinations</heading><hcontainer name="crossheading" class="schGroup7"><heading>Determination of tax chargeable if no return delivered</heading><paragraph eId="schedule-8-paragrap

<part xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-8-part-6"><num>PART 6</num><heading>HMRC assessments</heading><hcontainer name="crossheading" class="schGroup7"><heading>Assessments where loss of tax discovered</heading><paragraph eId="schedule-8-paragraph-19" class="schP

<part xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-8-part-7"><num>PART 7</num><heading>Relief in case of overpaid tax</heading><hcontainer name="crossheading" class="schGroup7"><heading>Claim for relief for overpaid tax</heading><paragraph eId="schedule-8-paragraph-24" clas

<part xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-8-part-8"><num>PART 8</num><heading>Appeals against HMRC decisions on tax</heading><hcontainer name="crossheading" class="schGroup7"><heading>Right of appeal</heading><paragraph eId="schedule-8-paragraph-33" class="schProv1

<part xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-8-part-9"><num>PART 9</num><heading>Penalties</heading><hcontainer name="crossheading" class="schGroup7"><heading>Failure to deliver return: flat-rate penalty</heading><paragraph eId="schedule-8-paragraph-52" class="schProv

<hcontainer xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" name="schedule" eId="schedule-9"><num>SCHEDULE 9<authorialNote class="referenceNote">Section 66</authorialNote></num><heading>DST payment notices</heading><hcontainer name="crossheading" class="schGroup7"><heading>Introducti

<hcontainer xmlns="http://docs.oasis-open.org/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" xmlns:fo="http://www.w3.org/1999/XSL/Format" name="schedule"

<hcontainer xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" name="schedule" eId="schedule-13"><num>SCHEDULE 13<authorialNote class="referenceNote">Section 100</authorialNote></num><heading>Joint and several liability of company directors etc</heading><hcontainer name="crossheading" c

<hcontainer xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" name="schedule" eId="schedule-14"><num>SCHEDULE 14<authorialNote class="referenceNote">Section 101<

<hcontainer xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" name="schedule" eId="schedule-15"><num>SCHEDULE 15<authorialNote class="referenceNote">Section 102</authorialNote></num><heading>Tax relief for scheme payments etc</heading><hcontainer name="crossheading" class="schGroup7"><

<hcontainer xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" name="schedule" eId="schedule-16"><num>SCHEDULE 16<authorialNote class="referenceNote">Section 106<

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1"><num>(b)</num><content>in any other case, is established in a territory outside the United Kingdom,</content></level>

<hcontainer xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" name="crossheading" class="schGroup7"><heading>Amounts referable to businesses in certain cases</heading><paragraph eId="schedule-16-paragraph-3" class="schProv1"><num>3</num><subparagraph eId="schedule-16-paragraph-3-1"><num>(1)</

<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-15-paragraph-3" class="schProv1"><num>3</num><subparagraph eId="schedule-15-paragraph-3-1"><num>(1)</num><content>No liability to income tax arises in respect of a qualifying payment.</content></subparagraph><su

<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-16-paragraph-3" class="schProv1"><num>3</num><subparagraph eId="schedule-16-paragraph-3-1"><num>(1)</num><intro>An amount of a coronavirus support payment made under an employment-related scheme—</intro><level c

<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-16-paragraph-6" class="schProv1"><num>6</num><subparagraph eId="schedule-16-paragraph-6-1"><num>(1)</num><intro>Tax is charged on an amount of a coronavirus support payment, other than a payment made under an employ

<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-16-paragraph-9" class="schProv1"><num>9</num><subparagraph eId="schedule-16-paragraph-9-1"><num>(1)</num><content>If an officer of Revenue and Customs considers (whether on the basis of information or documents obta

<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-16-paragraph-12" class="schProv1"><num>12</num><subparagraph eId="schedule-16-paragraph-12-1"><num>(1)</num><content>Section 7 of TMA 1970 (notice of liability to income tax and capital gains tax) applies in relatio

<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-16-paragraph-15" class="schProv1"><num>15</num><subparagraph eId="schedule-16-paragraph-15-1"><num>(1)</num><intro>This paragraph—</intro><level class="para1" eId="schedule-16-paragraph-15-1-a"><num>(a)</num><co

<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-8-paragraph-3" class="schProv1"><num>3</num><subparagraph eId="schedule-8-paragraph-3-1"><num>(1)</num><content>This paragraph applies where a DST return has been delivered.</content></subparagraph><subparagraph

<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-8-paragraph-24" class="schProv1"><num>24</num><subparagraph eId="schedule-8-paragraph-24-1"><num>(1)</num><content>This paragraph applies where, in relation to a group, an amount has been paid by way of tax for an a

<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-8-paragraph-27" class="schProv1"><num>27</num><subparagraph eId="schedule-8-paragraph-27-1"><num>(1)</num><content>An officer of Revenue and Customs may enquire into a claim under paragraph <ref href="#schedule-8-pa

<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-8-paragraph-30" class="schProv1"><num>30</num><subparagraph eId="schedule-8-paragraph-30-1"><num>(1)</num><intro>This paragraph applies where—</intro><level class="para1" eId="schedule-8-paragraph-30-1-a"><num>(

<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-8-paragraph-35" class="schProv1"><num>35</num><subparagraph eId="schedule-8-paragraph-35-1"><num>(1)</num><intro>This paragraph applies in a case where—</intro><level class="para1" eId="schedule-8-paragraph-35-1

<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-8-paragraph-38" class="schProv1"><num>38</num><subparagraph eId="schedule-8-paragraph-38-1"><num>(1)</num><content>Sub-paragraphs (2) to (5) apply if HMRC notify the appellant of an offer to review the matter in que

<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-8-paragraph-41" class="schProv1"><num>41</num><subparagraph eId="schedule-8-paragraph-41-1"><num>(1)</num><intro>Where HMRC have notified an appellant under paragraph <ref href="#schedule-8-paragraph-37-1-a">37(1)(a

<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-8-paragraph-44" class="schProv1"><num>44</num><subparagraph eId="schedule-8-paragraph-44-1"><num>(1)</num><intro>In relation to an appeal of which notice has been given under paragraph <ref href="#schedule-8-paragra

<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-8-paragraph-47" class="schProv1"><num>47</num><subparagraph eId="schedule-8-paragraph-47-1"><num>(1)</num><content>If the appellant and HMRC agree that payment of an amount of tax should be postponed pending the det

<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-8-paragraph-50" class="schProv1"><num>50</num><subparagraph eId="schedule-8-paragraph-50-1"><num>(1)</num><content>Where a party to an appeal to the tribunal under paragraph <ref href="#schedule-8-paragraph-33">33</

<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-8-paragraph-53" class="schProv1"><num>53</num><subparagraph eId="schedule-8-paragraph-53-1"><num>(1)</num><content>A person who is required to file a DST return for an accounting period and fails to do so within 18

<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-8-paragraph-56" class="schProv1"><num>56</num><subparagraph eId="schedule-8-paragraph-56-1"><num>(1)</num><intro>If a person is liable to a penalty under this Part of this Schedule, HMRC must—</intro><level clas

<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-8-paragraph-59" class="schProv1"><num>59</num><subparagraph eId="schedule-8-paragraph-59-1"><num>(1)</num><content>Part <ref href="#schedule-8-part-8">8</ref> of this Schedule (apart from paragraphs <ref href="#sche

<paragraph xmlns="http://docs.oasis-open.org/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="schedule-12-paragraph-7" class="schProv1"><num>7</num><subparagraph eId="schedule-12-paragraph-7-1"><n

<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-12-paragraph-10" class="schProv1"><num>10</num><content>Paragraph <ref href="#schedule-12-paragraph-9">9</ref> comes into force on such day as the Treasury may by regulations made by statutory instrument appoint.</p

<hcontainer xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" name="definition"><content>“participator” has the meaning given by section 454 of CTA 2010;</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/1998/Math/MathML" name="crossheading" ukl:Name="Pblock" eId="part-1-cross

<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-22"><num>22</num><heading>Annual allowance: t

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-22-1"><num>(1)</num><content>In Part 4 of FA 2004 (pension schemes), section 228ZA (annual allowance charge: tapered reduction of annual allowance) is amended as follows.</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-22-2"><num>(2)</num><content><mod>For s

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-22-3"><num>(3)</num><intro>In subsection (3)—</intro><level class="para1" eId="section-22-3-a"><num>(a)</num><content><mod>in paragraph (a), for “£150,000” substitute <quotedText>“ £2

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-22-3-a"><num>(a)</num><content><mod>in paragraph (a), for “£150,000” substitute <quotedText>“ £240,000 ”</quotedText>;</mod></content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-22-3-b"><num>(b)</num><content><mod>in paragraph (b), for “£150,000 minus A” substitute <quotedText>“ £240,000 minus the amount specified for the tax year by or under section 228

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-22-4"><num>(4)</num><content>The amendments made by this section have effect for the tax year 2020-21 and subsequent tax years.</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 ga

<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-23"><num>23</num><heading>Entrepreneurs' relief</heading><content>Schedule 3 makes provision about relief under Chapter 3 of Part 5 of TCGA 1992.</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-24"><num>24</num><heading>Relief on disposal of private residence</heading><subsection eId="sect

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-24-1"><num>(1)</num><content>TCGA 1992 is amended as follows.</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><intro>In section 222 (relief on disposal of private residence)—</

<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-24-2-a"><num>(a)</num><content><mod>after subsection (5) insert—<quotedStructure

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-24-2-b"><num>(b)</num><intro>in subsection (7)(a) (disposal of dwelling-house to a spouse or civil partner)—</intro><level class="para2" eId="section-24-2-b-i"><num>(i)</num><content><mod>for “the d

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para2" eId="section-24-2-b-i"><num>(i)</num><content><mod>for “the dwelling-house” substitute <quotedText>“ a dwelling-house ”</quotedText>, and</mod></content></level

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para2" eId="section-24-2-b-ii"><num>(ii)</num><content>omit “which is their only or main residence”,</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-24-2-c"><num>(c)</num><content><mod>in subsection (8A) (when living accommodation

<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-24-2-d"><num>(d)</num><content><mod>in subsection (8D) (interpretation) after par

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-24-3"><num>(3)</num><intro>In section 223 (amount of relief)—</intro><level class="para1" eId="section-24-3-a"><num>(a)</num><content><mod>in subsections (1) and (2)(a) for “18 months” substitute <quotedText

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-24-3-a"><num>(a)</num><content><mod>in subsections (1) and (2)(a) for “18 months” substitute <quotedText>“ 9 months ”</quotedText>, and</mod></content></le

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-24-3-b"><num>(b)</num><content>omit subsection (4).</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-24-4"><num>(4)</num><content><mod>After section 223 insert—<quotedStructure startQuote="&#

<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><mod>After section 223A insert—<quotedStructure startQuote="&

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-24-6"><num>(6)</num><intro>In section 224 (amount of relief: further provisions)—</intro><level class="para1" eId="section-24-6-a"><num>(a)</num><content><mod>in the heading for “Amount of relief” substitute

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-24-6-a"><num>(a)</num><content><mod>in the heading for “Amount of relief” substitute <quotedText>“ Relief under sections 223 and 223B ”</quotedText>,</mod>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-24-6-b"><num>(b)</num><intro>in subsection (1)—</intro><level class="para2" eId="section-24-6-b-i"><num>(i)</num><content><mod>for “the gain”, in the first place those words occur, substitute <quote

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para2" eId="section-24-6-b-i"><num>(i)</num><content><mod>for “the gain”, in the first place those words occur, substitute <quotedText>“ a gain to which section 222 applies

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para2" eId="section-24-6-b-ii"><num>(ii)</num><content><mod>for “section 223” substitute <quotedText>“ sections 223 and 223B ”</quotedText>,</mod></content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-24-6-c"><num>(c)</num><content><mod>in subsection (2) for “section 223” substitute <quotedText>“ sections 223 and 223B ”</quotedText>, and</mod></content><

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-24-6-d"><num>(d)</num><content><mod>in subsection (3) for “Section 223” substitute <quotedText>“ Sections 223 and 223B ”</quotedText>.</mod></content></lev

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-24-7"><num>(7)</num><content><mod>In section 225E (disposals by disabled persons or persons in care homes etc) in subsection (4) for “18 months” substitute <quotedText>“ 9 months

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-24-8"><num>(8)</num><content><mod>In section 248E(6) (relief on disposal of joint interests in private residence) for “and 223” substitute <quotedText>“ , 223 and 223B ”</quote

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-24-9"><num>(9)</num><content>The amendment made by subsection (2)(a) has effect in relation to a notice given on or after 6 April 2020.</content></subsection>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-24-10"><num>(10)</num><content>The amendments made by subsection (2)(b) have effect in a case where the disposal or death mentioned in subsection (7)(a) of section 222 of TCGA 1992 is made or occurs on or after 6 Ap

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-24-11"><num>(11)</num><content>The amendments made by subsections (3) to (8) have effect in relation to disposals made on or after 6 April 2020.</content></subsection>

<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-25"><num>25</num><heading>Corporate capital losses</heading><content>Schedule 4 makes provision relating to capital losses made by companies.</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-26"><num>26</num><heading>Quarterly instalment payments</heading><subsection eId="section-26-1">

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-26-1"><num>(1)</num><content>The Corporation Tax (Instalment Payments) Regulations 1998 (S.I. 1998/3175) are amended as follows.</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-26-2"><num>(2)</num><content><mod>At the end of regulation 3 (large and very large compani

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-26-3"><num>(3)</num><content><mod>In regulation 3(10), in the words before paragraph (a), after “12 months” insert <quotedText>“ and paragraph (11) does not apply ”</quotedText

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-26-4"><num>(4)</num><content>The amendments made by this section have effect in relation to accounting periods beginning on or after 11 March 2020.</content></subsection>

<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-27"><num>27</num><heading>Relief from CGT for loans to traders</heading><content><mod>In section 253(1)(b) of TCGA 1992 (which provides that a loan qualifies for relief only if the borrower is UK resident), at the begi

<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-1-cross

<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-28"><num>28</num><heading>Research and development expenditure credit</heading><subsection eId="section-28-1"><num>(1)</num><content><mod>In section 104M(3) of CTA 2009 (amount of R&D expenditure credit) for “12%”

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-28-1"><num>(1)</num><content><mod>In section 104M(3) of CTA 2009 (amount of R&D expenditure credit) for “12%” substitute <quotedText>“ 13% ”</quotedText>.</mod></conten

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-28-2"><num>(2)</num><content>The amendment made by this section has effect in relation to expenditure incurred on or after 1 April 2020.</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/1998/Math/MathML" eId="section-29"><num>29</num><heading>Structures and buil

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-29-1"><num>(1)</num><content>Part 2A of CAA 2001 (structures and buildings allowances) is amended as follows.</content></subsection>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-29-2"><num>(2)</num><intro>In section 270AA (application of Part 2A)—</intro><level class="para1" eId="section-29-2-a"><num>(a)</num><content><mod>in subsection (2) (entitlement to an allowance), at the begin

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-29-2-a"><num>(a)</num><content><mod>in subsection (2) (entitlement to an allowance), at the beginning of paragraph (b) insert <quotedText>“ the beginning of ”</

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-29-2-b"><num>(b)</num><content><mod>in subsection (2)(b)(ii), for “50 years” substitute <quotedText>“ 33 1/3 years ”</quotedText>, and</mod></content></lev

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-29-2-c"><num>(c)</num><content><mod>in subsection (5) (basic rule: allowance for a chargeable period of one year), for “2%” substitute <quotedText>“ 3% ”</quot

<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><intro>In section 270EA (proportionate adjustment in certain cases), i

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-29-3-a"><num>(a)</num><content><mod>in paragraph (a), for “(b)” substitute <quotedText>“ (b)(i) ”</quotedText>, and</mod></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-29-3-b"><num>(b)</num><content><mod>after paragraph (a) (but before the “or”) in

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-29-4"><num>(4)</num><content><mod>In section 270EB (multiple uses), in subsection (2), for “2%” substitute <quotedText>“ 3% ”</quotedText>.</mod></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-29-5"><num>(5)</num><content><mod>After

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-29-6"><num>(6)</num><intro>The amendments made by this section are treated as having come into force—</intro><level class="para1" eId="section-29-6-a"><num>(a)</num><content>for income tax purposes, on 6 Apri

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-29-6-a"><num>(a)</num><content>for income tax purposes, on 6 April 2020, or</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-29-6-b"><num>(b)</num><content>for corporation tax purposes, on 1 April 2020,</content></level>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-29-7"><num>(7)</num><intro>For the purposes of subsection (6), in relation to a chargeable period beginning before the commencement date and ending on or after that date, Part 2A of CAA 2001 applies as if—</intr

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-29-7-a"><num>(a)</num><content>the part of the chargeable period falling before the commencement date, and</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-29-7-b"><num>(b)</num><content>the part of the chargeable period falling on or after that date,</content></level>

<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-30"><num>30</num><heading>Structures and buildings allowances: miscellaneous amendments</heading><content>Schedule 5 makes miscellaneous amendments of CAA 2001 in relation to structures and buildings allowances.</c

<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-31"><num>31</num><heading>Intangible fixed as

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-31-1"><num>(1)</num><content>Part 8 of CTA 2009 (intangible fixed assets) is amended as follows.</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><mod>In section 711 (overview of Part 8) in subsection (8) af

<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-31-3"><num>(3)</num><intro>In section 845 (transfer between company and related party trea

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-31-3-a"><num>(a)</num><content>omit the “and” at the end of paragraph (d), and</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-31-3-b"><num>(b)</num><content><mod>at the end of paragraph (e) insert<quotedText

<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-31-4"><num>(4)</num><intro>In section 849AB (grant of licence or other right treated as at

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-31-4-a"><num>(a)</num><content>omit the “and” at the end of paragraph (a), and</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-31-4-b"><num>(b)</num><content><mod>at the end of paragraph (b) insert<quotedText

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-31-5"><num>(5)</num><content>Omit section 858 (fungible assets) and the italic heading before that section.</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-31-6"><num>(6)</num><content><mod>In section 882 (application of Part 8 to assets created

<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-31-7"><num>(7)</num><intro>In section 883 (assets treated as created or acquired when expe

<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-31-7-a"><num>(a)</num><content><mod>after subsection (3) insert—<quotedStructure

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-31-7-b"><num>(b)</num><intro>in subsection (4)—</intro><level class="para2" eId="section-31-7-b-i"><num>(i)</num><content><mod>for “whether” substitute <quotedText>“ when

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para2" eId="section-31-7-b-i"><num>(i)</num><content><mod>for “whether” substitute <quotedText>“ when ”</quotedText>, and</mod></content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para2" eId="section-31-7-b-ii"><num>(ii)</num><content>omit “on or after 1 April 2002”, and</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-31-7-c"><num>(c)</num><content><mod>for subsection (5) substitute—<quotedStructur

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-31-8"><num>(8)</num><content>Omit section 890 (fungible assets: application of section 858) and the italic heading before that section.</content></subsection>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-31-9"><num>(9)</num><content>Omit section 891 (realisation and acquisition of fungible assets).</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-31-10"><num>(10)</num><intro>In section 892 (certain assets acquired on transfer of busine

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-31-10-a"><num>(a)</num><content><mod>in the heading at the end insert <quotedText>“ or transfer within a group ”</quotedText>,</mod></content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-31-10-b"><num>(b)</num><content>in subsection (2) omit “and” at the end of paragraph (b),</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-31-10-c"><num>(c)</num><content><mod>in subsection (2) after paragraph (c) insert

<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-31-10-d"><num>(d)</num><content><mod>after subsection (4) insert—<quotedStructure

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-31-11"><num>(11)</num><content><mod>In section 893 (assets whose value derives from pre-2002 assets) in subsection (1)(a) for “on or after 1 April 2002” substitute <quotedText>“ during the perio

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-31-12"><num>(12)</num><content><mod>In section 895 (assets acquired in connection with disposals of pre-FA 2002 assets) in subsection (1)(b) at the beginning insert <quotedText>“ at any time befo

<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-31-13"><num>(13)</num><content><mod>Aft

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-31-14"><num>(14)</num><content>The amendments made by this section have effect in relation to accounting periods beginning on or after 1 July 2020.</content></subsection>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-31-15"><num>(15)</num><content>For the purposes of subsection (14), an accounting period beginning before, and ending on or after, 1 July 2020 is to be treated as if so much of the accounting period as falls before

<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-miscellaneous-measures-affecting-companies"

<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-32"><num>32</num><heading>Non-UK resident companies carrying on UK property businesses etc</heading><content>Schedule 6 makes minor amendments (which arise in consequence of the provision made by Schedule 1 or 5 to FA

<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>Surcharge on banking companies: transferred-in losses</heading><subsec

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-33-1"><num>(1)</num><content>Chapter 4 of Part 7A of CTA 2010 (surcharge on banking companies) is amended as follows.</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><content><mod>In section 269D (overview of Chapter), after 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-33-3"><num>(3)</num><intro>In section 269DA (surcharge on banking companies), in subsectio

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-33-3-a"><num>(a)</num><content><mod>in the formula, after “NBPLR +” insert <quotedText>“ NBTILR + ”</quotedText>;</mod></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-33-3-b"><num>(b)</num><content><mod>after the definition of “NBPLR” insert—<quot

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-33-4"><num>(4)</num><intro>In section 269DC (meaning of “non-banking or pre-2016 loss relief”)—</intro><level class="para1" eId="section-33-4-a"><num>(a)</num><intro>in subsection (13) (meaning of “a non-ba

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-33-4-a"><num>(a)</num><intro>in subsection (13) (meaning of “a non-banking or pre-2016 carried-forward capital loss”)—</intro><level class="para2" eId="section-33-4-a-i"><num>(i)</num><content>in pa

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para2" eId="section-33-4-a-i"><num>(i)</num><content>in paragraph (a), omit “or as a result of a non-banking loss transfer”;</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para2" eId="section-33-4-a-ii"><num>(ii)</num><content><mod>in paragraph (b), for “8(1)(b)” substitute <quotedText>“ 2A(1)(b) ”</quotedText>;</mod></content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-33-4-b"><num>(b)</num><content>omit subsections (14) and (15) (meaning of “<term refersTo="#term-non-banking-loss-transfer" eId="term-non-banking-loss-transfer">non-banking loss transfer</term>” and “<ter

<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><mod>After section 269DC insert—<quotedStructure startQuote="

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-33-6"><num>(6)</num><content>The amendments made by this section have effect in relation to an allowable loss, or any part of an allowable loss, deducted from a chargeable gain accruing on a disposal made on or afte

<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-34"><num>34</num><heading>CT payment plans for tax on certain transactions with EEA residents</heading><content>Schedule 7 makes provision for the deferral of the payment of corporation tax arising in connection with c

<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>Changes to accounting standards affecting leases</heading><subsection

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-35-1"><num>(1)</num><content>Schedule 14 to FA 2019 (leases: changes to accounting standards etc) is amended as follows.</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><mod>In paragraph 13 (cases where asset first recognised for

<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-35-3"><num>(3)</num><content><mod>For paragraph 14 (cases where asset first recognised for

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-35-4"><num>(4)</num><content>Schedule 14 to FA 2019 has effect, and is to be deemed always to have had effect, with the amendments made by this section.</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-investments"><heading>Investments</h

<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>Enterprise investment scheme: approved investment fund as nominee</hea

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-36-1"><num>(1)</num><content>Section 251 of ITA 2007 (EIS: approved investment fund as nominee) is amended as follows.</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-36-2"><num>(2)</num><intro>In subsection (1)—</intro><level class="para1" eId="section

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-36-2-a"><num>(a)</num><content><mod>in the opening words, for “Subsection (2) applies” substitute <quotedText>“ This section applies ”</quotedText>,</mod><

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-36-2-b"><num>(b)</num><content><mod>in paragraph (a), for “an approved fund” substitute <quotedText>“ an approved knowledge-intensive fund ”</quotedText>,</mod

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-36-2-c"><num>(c)</num><content>omit the “and” at the end of paragraph (b),</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-36-2-d"><num>(d)</num><content><mod>in paragraph (c), for “90%” substitute <quotedText>“ 50% ”</quotedText>,</mod></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-36-2-e"><num>(e)</num><content><mod>after that paragraph insert—<quotedStructure

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-36-2-f"><num>(f)</num><content>omit the second sentence.</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-36-3"><num>(3)</num><content><mod>After that subsection insert—<quotedStructure startQuote

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-36-4"><num>(4)</num><content>In subsection (2), omit “In any case where this subsection applies,”.</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><content><mod>After that subsection insert—<quotedStructure startQuote

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-36-6"><num>(6)</num><content><mod>In subsection (4), in the opening words, for “an approved fund” substitute <quotedText>“ an approved knowledge-intensive fund ”</quotedText>.<

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-36-7"><num>(7)</num><content><mod>In subsection (5)(b), for “the Commissioners for Her Majesty's Revenue and Customs” substitute <quotedText>“ HMRC Commissioners ”</quotedText>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-36-8"><num>(8)</num><content><mod>In subsection (6), for “an approved fund” substitute <quotedText>“ an approved knowledge-intensive fund ”</quotedText>.</mod></content></s

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-36-9"><num>(9)</num><content><mod>In subsection (7), for “an approved fund” substitute <quotedText>“ an approved knowledge-intensive fund ”</quotedText>.</mod></content></s

<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-36-10"><num>(10)</num><content><mod>After that subsection insert—<quotedStructure startQuo

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-36-11"><num>(11)</num><content><mod>In the title, for “investment fund” substitute <quotedText>“ knowledge-intensive fund ”</quotedText>.</mod></content></subsection>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-36-12"><num>(12)</num><content>The amendments made by this section are treated as having come into force on 6 April 2020 in relation to funds that close on or after that date.</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-37"><num>37</num><heading>Gains from contracts for life insurance etc: top slicing relief</headi

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-37-1"><num>(1)</num><content>In Chapter 9 of Part 4 of ITTOIA 2005 (gains from contracts for life insurance etc), sections 535 to 537 (top slicing relief) are amended as follows.</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-37-2"><num>(2)</num><content><mod>In section 535 (top slicing relief), at the end insert—<

<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-37-3"><num>(3)</num><intro>In section 536(1) (top slicing relieved liability: one chargeab

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-37-3-a"><num>(a)</num><content>omit the “and” at the end of sub-paragraph (i), and</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-37-3-b"><num>(b)</num><content><mod>after the “and” at the end of sub-paragraph

<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>In section 537 (top slicing relieved liability: two or more cha

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-37-4-a"><num>(a)</num><content>omit the “and” at the end of sub-paragraph (i), and</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><mod>after the “and” at the end of sub-paragraph

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-37-5"><num>(5)</num><content>The amendments made by this section have effect in relation to the tax year 2019-20 and subsequent tax years (but see subsection (6) for an exception in the case of the tax years 2019-20

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-37-6"><num>(6)</num><intro>Those amendments do not have effect in relation to the tax year 2019-20 or 2020-21 in the case of an individual who is only liable to tax under Chapter 9 of Part 4 of ITTOIA 2005 for the y

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-37-6-a"><num>(a)</num><content>on a gain from one chargeable event that occurs before 11 March 2020, or</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-37-6-b"><num>(b)</num><content>on gains from chargeable events each of which occurs before that day.</content></level>

<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-38"><num>38</num><heading>Losses on disposal of shares: abolition of requirement to be UK business</heading><subsection eId="section-38-1"><num>(1)</num><intro>The following provisions are repealed—</intro><level c

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-38-1"><num>(1)</num><intro>The following provisions are repealed—</intro><level class="para1" eId="section-38-1-a"><num>(a)</num><content>section 134(5) of ITA 2007 (which provides that a company is a qualify

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-38-1-a"><num>(a)</num><content>section 134(5) of ITA 2007 (which provides that a company is a qualifying trading company for the purposes of income tax relief under Chapter 6 of Part 4 of that Act only if i

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-38-1-b"><num>(b)</num><content>section 78(5) of CTA 2010 (which makes corresponding provision for the purposes of corporation tax relief under Chapter 5 of Part 4 of that Act).</content></level>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-38-2"><num>(2)</num><intro>In consequence of the repeals made by subsection (1)—</intro><level class="para1" eId="section-38-2-a"><num>(a)</num><intro>in ITA 2007—</intro><level class="para2" eId="section

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-38-2-a"><num>(a)</num><intro>in ITA 2007—</intro><level class="para2" eId="section-38-2-a-i"><num>(i)</num><content><mod>in section 134(1), for “D” substitute <quotedText>“

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para2" eId="section-38-2-a-i"><num>(i)</num><content><mod>in section 134(1), for “D” substitute <quotedText>“ C ”</quotedText>,</mod></content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para2" eId="section-38-2-a-ii"><num>(ii)</num><content><mod>in section 147(8), at the end of paragraph (a) insert <quotedText>“ or ”</quotedText> and omit paragraph (c) tog

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para2" eId="section-38-2-a-iii"><num>(iii)</num><content>in section 150(1), omit the entry relating to section 134(5)(a), and</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para2" eId="section-38-2-a-iv"><num>(iv)</num><content><mod>in paragraph 38(2) of Schedule 2, in the opening words, for “(2) to (5)” substitute <quotedText>“ (2) to (4) ”<

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-38-2-b"><num>(b)</num><intro>in CTA 2010—</intro><level class="para2" eId="section-38-2-b-i"><num>(i)</num><content><mod>in section 75(8), at the end of paragraph (a) insert <quotedText>“

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para2" eId="section-38-2-b-i"><num>(i)</num><content><mod>in section 75(8), at the end of paragraph (a) insert <quotedText>“ or ”</quotedText> and omit paragraph (c) togeth

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para2" eId="section-38-2-b-ii"><num>(ii)</num><content><mod>in section 78(1), for “D” substitute <quotedText>“ C ”</quotedText>,</mod></content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para2" eId="section-38-2-b-iii"><num>(iii)</num><content>in section 89(1), omit the entry relating to section 78(5)(a), and</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para2" eId="section-38-2-b-iv"><num>(iv)</num><content><mod>in paragraph 28(4) of Schedule 2, in the opening words, for “(2) to (5)” substitute <quotedText>“ (2) to (4) ”<

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-38-3"><num>(3)</num><content>The amendments made by this section have effect in relation to disposals made on or after 24 January 2019.</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/1998/Math/MathML" eId="part-2"><num>PART 2</num><heading>Digital services tax</heading><hcontainer name="crossheading" ukl:Name="Pbl

<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-introduction"><heading>Introduction</heading><section eId="section-39"><num>39</num><heading>Dig

<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-39"><num>39</num><heading>Digital services tax: introduction</heading><subsection eId="section-39-1"><num>(1)</num><content>A tax (to be known as “<term refersTo="#term-digital-services-tax" eId="term-digital-services

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-39-1"><num>(1)</num><content>A tax (to be known as “<term refersTo="#term-digital-services-tax" eId="term-digital-services-tax">digital services tax</term>”) is charged in accordance with this Part on UK digital se

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-39-2"><num>(2)</num><content>The Commissioners for Her Majesty's Revenue and Customs (in this Part referred to as “<term refersTo="#term-the-commissioners" eId="term-the-commissioners">the Commissioners</term>”) ar

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-39-3"><num>(3)</num><intro>In this Part—</intro><level class="para1" eId="section-39-3-a"><num>(a)</num><content>sections 40 to 45 define “UK digital services revenues” and other key expressions;</conten

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-39-3-a"><num>(a)</num><content>sections 40 to 45 define “UK digital services revenues” and other key expressions;</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-39-3-b"><num>(b)</num><content>sections 46 to 51 contain the charge to digital services tax;</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-39-3-c"><num>(c)</num><content>sections 52 to 56 impose a duty to file returns and other reporting requirements;</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-39-3-d"><num>(d)</num><content>sections 57 to 60 define groups and related concepts;</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-39-3-e"><num>(e)</num><content>sections 61 to 64 define accounting periods, the meaning of revenues arising, and other accounts-related concepts;</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-39-3-f"><num>(f)</num><content>sections 65 to 72 contain supplementary and general provisions.</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-2-crossheading-digital-services-revenues-uk-digital-services-revenues-etc"><heading>Digital services revenues, UK d

<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-40"><num>40</num><heading>Meaning of “digital services revenues”</heading><subsection eId="section-40-1"><num>(1)</num><content>This section applies for the purposes of this Part.</content></subsection><subsection

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-40-1"><num>(1)</num><content>This section applies for the purposes of this Part.</content></subsection>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-40-2"><num>(2)</num><content>The “digital services revenues” of a group for a period are the total amount of revenues arising to members of the group in that period in connection with any digital services activity

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-40-3"><num>(3)</num><content>Where revenues arise in connection with a digital services activity and anything else, the revenues are to be treated as arising in connection with the activity to such extent as is just

<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-41"><num>41</num><heading>Meaning of “UK digital services revenues”</heading><subsection eId="section-41-1"><num>(1)</num><content>This section applies for the purposes of this Part.</content></subsection><subsect

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-41-1"><num>(1)</num><content>This section applies for the purposes of this Part.</content></subsection>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-41-2"><num>(2)</num><content>A group's “UK digital services revenues” for a period are so much of its digital services revenues for that period as are attributable to UK users.</content></subsection>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-41-3"><num>(3)</num><intro>Revenues are attributable to UK users if—</intro><level class="para1" eId="section-41-3-a"><num>(a)</num><content>they are within Case 1, 2 or 3, or</content></level><level clas

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-41-3-a"><num>(a)</num><content>they are within Case 1, 2 or 3, or</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-41-3-b"><num>(b)</num><content>they are within Case 4 or 5 and, where subsection (9) applies, they are allocated to UK users under that subsection.</content></level>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-41-4"><num>(4)</num><intro>Case 1 is where—</intro><level class="para1" eId="section-41-4-a"><num>(a)</num><content>the revenues are online marketplace revenues,</content></level><level class="para1" eId=

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-41-4-a"><num>(a)</num><content>the revenues are online marketplace revenues,</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-41-4-b"><num>(b)</num><content>they arise in connection with a marketplace transaction, and</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-41-4-c"><num>(c)</num><content>a UK user is a party to the transaction.</content></level>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-41-5"><num>(5)</num><intro>Case 2 is where—</intro><level class="para1" eId="section-41-5-a"><num>(a)</num><content>the revenues are online marketplace revenues, and</content></level><level class="para1"

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-41-5-a"><num>(a)</num><content>the revenues are online marketplace revenues, and</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-41-5-b"><num>(b)</num><content>they arise in connection with particular accommodation or land in the United Kingdom (see section 42).</content></level>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-41-6"><num>(6)</num><intro>Case 3 is where—</intro><level class="para1" eId="section-41-6-a"><num>(a)</num><content>the revenues are online marketplace revenues,</content></level><level class="para1" eId=

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-41-6-a"><num>(a)</num><content>the revenues are online marketplace revenues,</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-41-6-b"><num>(b)</num><content>they arise in connection with online advertising for particular services, goods or other property, and</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-41-6-c"><num>(c)</num><content>the advertising is paid for by a UK user.</content></level>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-41-7"><num>(7)</num><intro>Case 4 is where—</intro><level class="para1" eId="section-41-7-a"><num>(a)</num><content>the revenues are online advertising revenues,</content></level><level class="para1" eId=

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-41-7-a"><num>(a)</num><content>the revenues are online advertising revenues,</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-41-7-b"><num>(b)</num><content>they are not within any of Cases 1 to 3, and</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-41-7-c"><num>(c)</num><content>the advertising is viewed or otherwise consumed by UK users.</content></level>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-41-8"><num>(8)</num><intro>Case 5 is where—</intro><level class="para1" eId="section-41-8-a"><num>(a)</num><content>the revenues are not within any of Cases 1 to 4, and</content></level><level class="para

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-41-8-a"><num>(a)</num><content>the revenues are not within any of Cases 1 to 4, and</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-41-8-b"><num>(b)</num><content>they arise in connection with UK users.</content></level>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-41-9"><num>(9)</num><intro>For the purposes of subsection (3)(b), revenues are to be allocated to UK users to such extent as is just and reasonable where they are—</intro><level class="para1" eId="section-41-9-a

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-41-9-a"><num>(a)</num><content>online advertising revenues within Case 4 and the advertising in question is viewed or otherwise consumed by UK users and others;</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-41-9-b"><num>(b)</num><content>revenues within Case 5 and they arise in connection with UK users and others.</content></level>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-41-10"><num>(10)</num><intro>Online marketplace revenues are treated as not attributable to UK users if—</intro><level class="para1" eId="section-41-10-a"><num>(a)</num><intro>where they arise in connection w

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-41-10-a"><num>(a)</num><intro>where they arise in connection with a marketplace transaction—</intro><level class="para2" eId="section-41-10-a-i"><num>(i)</num><content>they arise in connection with p

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para2" eId="section-41-10-a-i"><num>(i)</num><content>they arise in connection with particular accommodation or land outside the United Kingdom (see section 42), and</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para2" eId="section-41-10-a-ii"><num>(ii)</num><content>the only UK user who is a party to the transaction is a provider or seller of the thing to which the transaction relates;</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-41-10-b"><num>(b)</num><content>in any other case, they arise in connection with particular accommodation or land outside the United Kingdom (see section 42).</content></level>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-41-11"><num>(11)</num><intro>In this section—</intro><hcontainer name="definition"><content>“<term refersTo="#term-marketplace-transaction" eId="term-marketplace-transaction">marketplace transaction</term>” m

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1"><num>(a)</num><content>any computational error, and</content></level>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-41-12"><num>(12)</num><content>For the purpose of the definition of “marketplace transaction”, “<term refersTo="#term-transaction-on-the-online-marketplace" eId="term-transaction-on-the-online-marketplace">transac

<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-42"><num>42</num><heading>UK digital services revenues: accommodation and land</heading><subsection eId="section-42-1"><num>(1)</num><content>This section, which supplements section 41 (meaning of a group's UK digital

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-42-1"><num>(1)</num><content>This section, which supplements section 41 (meaning of a group's UK digital services revenues), applies for the purpose of determining when online marketplace revenues arise in connectio

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-42-2"><num>(2)</num><intro>The revenues are treated as arising in connection with accommodation if they arise in connection with—</intro><level class="para1" eId="section-42-2-a"><num>(a)</num><content>the pr

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-42-2-a"><num>(a)</num><content>the provision of accommodation, or</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>the provision of services, goods or other property in relation to accommodation, in connection with the provision of the accommodation on the online marketplace.</content>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-42-3"><num>(3)</num><intro>The revenues are treated as arising in connection with land if they arise in connection with—</intro><level class="para1" eId="section-42-3-a"><num>(a)</num><content>the sale of an

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-42-3-a"><num>(a)</num><content>the sale of an estate, interest or right in or over land, or</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>the provision of services, goods or other property in relation to land, in connection with the sale of an estate, interest or right in or over the land on the online marketpla

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-42-4"><num>(4)</num><intro>In this section—</intro><level class="para1" eId="section-42-4-a"><num>(a)</num><content>any reference to providing or selling anything includes offering to provide or sell it;<

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-42-4-a"><num>(a)</num><content>any reference to providing or selling anything includes offering to provide or sell it;</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-42-4-b"><num>(b)</num><content>any reference to providing goods or other property includes providing it temporarily;</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-42-4-c"><num>(c)</num><content>“<term refersTo="#term-online-marketplace-revenues" eId="term-online-marketplace-revenues">online marketplace revenues</term>” means revenues arising in connection with an onl

<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-43"><num>43</num><heading>Meaning of “digital services activity” etc</heading><subsection eId="section-43-1"><num>(1)</num><content>This section applies for the purposes of this Part.</content></subsection><subsec

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-43-1"><num>(1)</num><content>This section applies for the purposes of this Part.</content></subsection>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-43-2"><num>(2)</num><intro>“<term refersTo="#term-digital-services-activity" eId="term-digital-services-activity">Digital services activity</term>” means providing—</intro><level class="para1" eId="section-43-2-

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-43-2-a"><num>(a)</num><content>a social media service,</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-43-2-b"><num>(b)</num><content>an internet search engine, or</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-43-2-c"><num>(c)</num><content>an online marketplace.</content></level>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-43-3"><num>(3)</num><intro>“<term refersTo="#term-social-media-service" eId="term-social-media-service">Social media service</term>” means an online service that meets the following conditions—</intro><level cla

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-43-3-a"><num>(a)</num><content>the main purpose, or one of the main purposes, of the service is to promote interaction between users (including interaction between users and user-generated content), and

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-43-3-b"><num>(b)</num><content>making content generated by users available to other users is a significant feature of the service.</content></level>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-43-4"><num>(4)</num><intro>“<term refersTo="#term-internet-search-engine" eId="term-internet-search-engine">Internet search engine</term>” does not include a facility on a website that merely enables a person to sea

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-43-4-a"><num>(a)</num><content>the material on that website, or</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-43-4-b"><num>(b)</num><content>the material on that website and on closely related websites.</content></level>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-43-5"><num>(5)</num><intro>“<term refersTo="#term-online-marketplace" eId="term-online-marketplace">Online marketplace</term>” means an online service that meets the following conditions—</intro><level class="pa

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-43-5-a"><num>(a)</num><content>the main purpose, or one of the main purposes, of the service is to facilitate the sale by users of particular things, and</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-43-5-b"><num>(b)</num><content>the service enables users to sell particular things to other users, or to advertise or otherwise offer particular things for sale to other users.</content></level>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-43-6"><num>(6)</num><intro>In subsection (5)—</intro><level class="para1" eId="section-43-6-a"><num>(a)</num><content>“<term refersTo="#term-thing" eId="term-thing">thing</term>” means any services, goods or

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-43-6-a"><num>(a)</num><content>“<term refersTo="#term-thing" eId="term-thing">thing</term>” means any services, goods or other property;</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-43-6-b"><num>(b)</num><content>any reference to the sale of a thing includes hiring it.</content></level>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-43-7"><num>(7)</num><content>Any reference to providing a social media service, internet search engine or online marketplace includes carrying on an associated online advertising service; and any reference to a soci

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-43-8"><num>(8)</num><intro>In this section “<term refersTo="#term-associated-online-advertising-service" eId="term-associated-online-advertising-service">associated online advertising service</term>” means an onlin

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-43-8-a"><num>(a)</num><content>facilitates online advertising, and</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-43-8-b"><num>(b)</num><content>derives significant benefit from its association with the social media service, internet search engine or online marketplace.</content></level>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-43-9"><num>(9)</num><content>Where an associated online advertising service derives significant benefit from its association with more than one type of digital services activity, revenues arising from the service ar

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-43-10"><num>(10)</num><content>See also section 45 (exclusion for online financial marketplaces).</content></subsection>

<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-44"><num>44</num><heading>Meaning of “user” and “UK user”</heading><subsection eId="section-44-1"><num>(1)</num><content>This section applies for the purposes of this Part.</content></subsection><subsection eId="

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-44-1"><num>(1)</num><content>This section applies for the purposes of this Part.</content></subsection>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-44-2"><num>(2)</num><intro>Any reference to a user, in relation to a digital services activity of a person (the “provider”), does not include—</intro><level class="para1" eId="section-44-2-a"><num>(a)</num><con

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-44-2-a"><num>(a)</num><content>the provider or a member of the same group as the provider, or</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>an employee of a person within paragraph (a), acting in the course of that person's business.</content></level>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-44-3"><num>(3)</num><intro>“<term refersTo="#term-uk-user" eId="term-uk-user">UK user</term>” means any user who it is reasonable to assume—</intro><level class="para1" eId="section-44-3-a"><num>(a)</num><conten

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-44-3-a"><num>(a)</num><content>in the case of an individual, is normally in the United Kingdom;</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-44-3-b"><num>(b)</num><content>in any other case, is established in the United Kingdom.</content></level>

<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-45"><num>45</num><heading>Exclusion for online financial marketplaces</heading><subsection eId="section-45-1"><num>(1)</num><content>In this Part any reference to an online marketplace excludes one that is for the time

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-45-1"><num>(1)</num><content>In this Part any reference to an online marketplace excludes one that is for the time being an online financial marketplace.</content></subsection>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-45-2"><num>(2)</num><content>An online marketplace is an “online financial marketplace” for a relevant accounting period if more than half of the revenues arising to the provider in the accounting period in connect

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-45-3"><num>(3)</num><intro>In subsection (2)—</intro><level class="para1" eId="section-45-3-a"><num>(a)</num><content>the reference to the trading of financial instruments includes the creation of such instru

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-45-3-a"><num>(a)</num><content>the reference to the trading of financial instruments includes the creation of such instruments;</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-45-3-b"><num>(b)</num><content>the reference to the trading of commodities is to the kind of commodities, and the kind of trading, occurring on a commodities exchange.</content></level>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-45-4"><num>(4)</num><intro>In this section—</intro><hcontainer name="definition"><intro>“<term refersTo="#term-financial-instrument" eId="term-financial-instrument">financial instrument</term>” means—</in

<hcontainer xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" name="definition"><content>“provider” means the person providing the online marketplace;</content></hcontainer>

<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/1998/Math/MathML" name="crossheading" ukl:Name="Pblock" eId="part-2-crossheading-charge-to-tax"><heading>Charge to tax</headin

<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-46"><num>46</num><heading>Meaning of “the threshold conditions”</heading><subsection eId="section-46-1"><num>(1)</num><intro>For the purposes of this Part “<term refersTo="#term-the-threshold-conditions" eId="term-th

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-46-1"><num>(1)</num><intro>For the purposes of this Part “<term refersTo="#term-the-threshold-conditions" eId="term-the-threshold-conditions">the threshold conditions</term>”, in relation to a group, for an account

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-46-1-a"><num>(a)</num><content>that the total amount of digital services revenues arising in that period to members of the group exceeds £500 million, and</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>that the total amount of UK digital services revenues arising in that period to members of the group exceeds £25 million.</content></level>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-46-2"><num>(2)</num><content>But if the duration of the accounting period is less than a year, the amounts mentioned in subsection (1)(a) and (b) are proportionately reduced.</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-47"><num>47</num><heading>Charge to DST</heading><subsection eId="section-47-1"><num>(1)</num><content>This section applies where the threshold condition

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-47-1"><num>(1)</num><content>This section applies where the threshold conditions are met in relation to a group for an accounting period.</content></subsection>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-47-2"><num>(2)</num><content>Each person who was a member of the group in the accounting period (a “relevant person”) is liable to digital services tax in respect of UK digital services revenues arising in that per

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="section-47-3"><num>(3)</num><content>To find the liability of a relevant person to digital services tax in respect of the accounting period, take the followin

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-47-4"><num>(4)</num><content>In this section “<term refersTo="#term-the-appropriate-proportion" eId="term-the-appropriate-proportion">the appropriate proportion</term>” means such proportion of the total amount of

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-47-5"><num>(5)</num><content>If the duration of the accounting period is less than a year, the sum mentioned in step 2 of subsection (3) is proportionately reduced.</content></subsection>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-47-6"><num>(6)</num><content>This section is subject to section 48 (alternative basis of charge).</content></subsection>

<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/1998/Math/MathML" eId="section-48"><num>48</num><heading>Alternative basis of charge</heading><subsection eId="section-48-1"><num>(1)</n

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-48-1"><num>(1)</num><content>This section applies if a valid election under this section in respect of an accounting period has been made in the group's DST return for that period (whether as originally made or by a

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-48-2"><num>(2)</num><content>An election under this section is valid if it specifies the categories of revenues in relation to which it applies (or specifies that it applies in relation to all categories).</cont

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-48-3"><num>(3)</num><intro>For this purpose, the categories of revenues are—</intro><level class="para1" eId="section-48-3-a"><num>(a)</num><content>revenues arising in connection with any social media servic

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-48-3-a"><num>(a)</num><content>revenues arising in connection with any social media service;</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>revenues arising in connection with any internet search engine;</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-48-3-c"><num>(c)</num><content>revenues arising in connection with any online marketplace.</content></level>

<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/1998/Math/MathML" eId="section-48-4"><num>(4)</num><content>To find the liability of a relevant person to digital services tax in

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-48-5"><num>(5)</num><content>If the duration of the accounting period is less than a year, the sum mentioned in step 3 of subsection (4) is proportionately reduced.</content></subsection>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-48-6"><num>(6)</num><intro>In this section—</intro><hcontainer name="definition"><content>“<term refersTo="#term-the-appropriate-proportion" eId="term-the-appropriate-proportion">the appropriate proportion</t

<hcontainer xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" name="definition"><content>“<term refersTo="#term-accounting-period" eId="term-accounting-period">accounting period</term>” has the meaning given by section 61;</content></hcontainer>

<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-7-paragraph-5" class="schProv1"><num>5</num><subparagraph eId="schedule-7-paragraph-5-1"><num>(1)</num><intro>The Treasury may by regulations—</intro><level class="para1" eId="schedule-7-paragraph-5-1-a"><num>(a

<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-9-paragraph-3" class="schProv1"><num>3</num><subparagraph eId="schedule-9-paragraph-3-1"><num>(1)</num><content>The recipient may appeal against the notice, within the period of 30 days beginning with the date on wh

<paragraph xmlns="http://docs.oasis-open.org/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="schedule-10-paragraph-2" class="schProv1"><num>2</num><subparagraph eId="schedule-10-paragraph-2-1"><n

<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-49"><num>49</num><heading>Section 48: meaning of “relevant operating expenses”</heading><subsection eId="section-49-1"><num>(1)</num><content>This section supplements section 48.</content></subsection><subsection

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-49-1"><num>(1)</num><content>This section supplements section 48.</content></subsection>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-49-2"><num>(2)</num><content>The “relevant operating expenses” of a group, in relation to a specified category of revenues, means any expenses of a member of the group attributable to the earning of UK digital serv

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-49-3"><num>(3)</num><intro>“<term refersTo="#term-excluded-expenses" eId="term-excluded-expenses">Excluded expenses</term>” means any expenses—</intro><level class="para1" eId="section-49-3-a"><num>(a)</num><con

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-49-3-a"><num>(a)</num><content>in respect of interest (or anything equivalent, from a commercial perspective, to interest),</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-49-3-b"><num>(b)</num><content>attributable to the acquisition of a business or part of a business,</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-49-3-c"><num>(c)</num><content>occurring otherwise than in the normal course of business,</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-49-3-d"><num>(d)</num><content>resulting from a change in the valuation of any tangible or intangible asset, or</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-49-3-e"><num>(e)</num><content>in respect of any tax (arising under the law of any territory).</content></level>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-49-4"><num>(4)</num><intro>Where expenses are attributable to—</intro><level class="para1" eId="section-49-4-a"><num>(a)</num><content>the earning of UK digital services revenues within the specified category

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-49-4-a"><num>(a)</num><content>the earning of UK digital services revenues within the specified category, and</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-49-4-b"><num>(b)</num><content>anything else,</content></level>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-49-5"><num>(5)</num><content>In this section “<term refersTo="#term-specified" eId="term-specified">specified</term>” has the meaning given by section 48.</content></subsection>

<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-50"><num>50</num><heading>Relief for certain cross-border transactions</heading><subsection eId="section-50-1"><num>(1)</num><content>This section applies if a claim under this section in respect of an accounting perio

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-50-1"><num>(1)</num><content>This section applies if a claim under this section in respect of an accounting period has been included in the group's DST return for that period (whether as originally made or by amendm

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-50-2"><num>(2)</num><content>For the purposes of step 1 in section 47(3) or 48(4), disregard 50% of any UK digital services revenues arising to a member of the group in the accounting period in connection with a rel

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-50-3"><num>(3)</num><content>For the purposes of step 4 in section 48(4), disregard 50% of any relevant operating expenses of a member of the group recognised in the accounting period that result from a relevant cro

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-50-4"><num>(4)</num><intro>“<term refersTo="#term-relevant-cross-border-transaction" eId="term-relevant-cross-border-transaction">Relevant cross-border transaction</term>” means a marketplace transaction where—<

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-50-4-a"><num>(a)</num><content>the online marketplace is provided by a member of the group,</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-50-4-b"><num>(b)</num><content>a foreign user is a party to the transaction, and</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-50-4-c"><num>(c)</num><content>all or part of any revenues arising to a member of the group in connection with the transaction are (or would be) subject to a foreign DST charge.</content></level>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-50-5"><num>(5)</num><intro>In this section—</intro><hcontainer name="definition"><intro>“<term refersTo="#term-foreign-user" eId="term-foreign-user">foreign user</term>” means a user who it is reasonable to a

<hcontainer xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" name="definition"><intro>“foreign user” means a user who it is reasonable to assume—</intro><level class="para1"><num>(a)</num><content>in the case of an individual, is normally in a territory outside the United Kingdom;<

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1"><num>(a)</num><content>a liability of a relevant person to digital services tax in respect of that period, or</content></level>

<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-8-paragraph-19" class="schProv1"><num>19</num><subparagraph eId="schedule-8-paragraph-19-1"><num>(1)</num><intro>If, in respect of an accounting period of a group, an officer of Revenue and Customs discovers that—</

<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-8-paragraph-22" class="schProv1"><num>22</num><subparagraph eId="schedule-8-paragraph-22-1"><num>(1)</num><content>Where notice of a discovery assessment is issued, the notice must be served on the responsible membe

<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-8-paragraph-25" class="schProv1"><num>25</num><subparagraph eId="schedule-8-paragraph-25-1"><num>(1)</num><intro>A claim under paragraph <ref href="#schedule-8-paragraph-24">24</ref> may not be made—</intro><lev

<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-8-paragraph-28" class="schProv1"><num>28</num><subparagraph eId="schedule-8-paragraph-28-1"><num>(1)</num><content>An enquiry under paragraph <ref href="#schedule-8-paragraph-27">27</ref> is completed when the offic

<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-8-paragraph-31" class="schProv1"><num>31</num><subparagraph eId="schedule-8-paragraph-31-1"><num>(1)</num><content>An amount assessed and notified under paragraph <ref href="#schedule-8-paragraph-29">29</ref> or <re

<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-8-paragraph-34" class="schProv1"><num>34</num><subparagraph eId="schedule-8-paragraph-34-1"><num>(1)</num><intro>Notice of appeal under paragraph <ref href="#schedule-8-paragraph-33">33</ref> must be given to HMRC—<

<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-8-paragraph-37" class="schProv1"><num>37</num><subparagraph eId="schedule-8-paragraph-37-1"><num>(1)</num><intro>If the appellant notifies HMRC that it requires them to review the matter in question, HMRC must—<

<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-8-paragraph-40" class="schProv1"><num>40</num><subparagraph eId="schedule-8-paragraph-40-1"><num>(1)</num><intro>If HMRC give notice of the conclusions of a review (see paragraph <ref href="#schedule-8-paragraph-39"

<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-8-paragraph-43" class="schProv1"><num>43</num><subparagraph eId="schedule-8-paragraph-43-1"><num>(1)</num><intro>In paragraphs <ref href="#schedule-8-paragraph-36">36</ref> to <ref href="#schedule-8-paragraph-42">42

<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-8-paragraph-46" class="schProv1"><num>46</num><subparagraph eId="schedule-8-paragraph-46-1"><num>(1)</num><intro>If the appellant has grounds for believing that the amendment or assessment overcharges a relevant per

<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-8-paragraph-49" class="schProv1"><num>49</num><subparagraph eId="schedule-8-paragraph-49-1"><num>(1)</num><content>This paragraph applies where an appeal under paragraph <ref href="#schedule-8-paragraph-33">33</ref>

<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-8-paragraph-54" class="schProv1"><num>54</num><subparagraph eId="schedule-8-paragraph-54-1"><num>(1)</num><content>Liability to a penalty under paragraph <ref href="#schedule-8-paragraph-52">52</ref> or <ref href="#

<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-8-paragraph-57" class="schProv1"><num>57</num><subparagraph eId="schedule-8-paragraph-57-1"><num>(1)</num><content>If HMRC think it right because of special circumstances, they may reduce a penalty under this Part o

<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-8-paragraph-60" class="schProv1"><num>60</num><subparagraph eId="schedule-8-paragraph-60-1"><num>(1)</num><intro>This paragraph applies if—</intro><level class="para1" eId="schedule-8-paragraph-60-1-a"><num>(a)<

<hcontainer xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" name="definition"><content>“<term refersTo="#term-foreign-dst-charge" eId="term-foreign-dst-charge">foreign DST charge</term>” means a charge (known by any name) under the law of the foreign user's territory which is similar to

<hcontainer xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" name="definition"><intro>“<term refersTo="#term-error" eId="term-error">error</term>” includes—</intro><level class="para1"><num>(a)</num><content>any computational error, and</content></level><level class="para1"><nu

<hcontainer xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" name="crossheading" class="schGroup7"><heading>Amendment of return by responsible member during enquiry</heading><paragraph eId="schedule-8-paragraph-9" class="schProv1"><num>9</num><subparagraph eId="schedule-8-paragraph-9-1"><num

<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-3-paragraph-1" class="schProv1"><num>1</num><intro>In section 169N of TCGA 1992 (entrepreneurs' relief: amount of relief)—</intro><level class="para1" eId="schedule-3-paragraph-1-a"><num>(a)</num><content><mo

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="schedule-3-paragraph-1-a"><num>(a)</num><content><mod>in subsection (4), for “£10 million” substitute <quotedText>“ £1 million ”</quotedText>;</mod></content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="schedule-3-paragraph-1-b"><num>(b)</num><content><mod>in subsection (4A), for “£10 million” substitute <quotedText>“ £1 million ”</quotedText>.</mod></content></level>

<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-3-paragraph-4" class="schProv1"><num>4</num><subparagraph eId="schedule-3-paragraph-4-1"><num>(1)</num><intro>This paragraph applies where—</intro><level class="para1" eId="schedule-3-paragraph-4-1-a"><num>(a)</

<paragraph xmlns="http://docs.oasis-open.org/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="schedule-4-paragraph-8" class="schProv1"><num>8</num><content><mod>After section 269ZW insert—<quot

<paragraph xmlns="http://docs.oasis-open.org/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="schedule-4-paragraph-12" class="schProv1"><num>12</num><subparagraph eId="schedule-4-paragraph-12-1"><

<paragraph xmlns="http://docs.oasis-open.org/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="schedule-4-paragraph-18" class="schProv1"><num>18</num><subparagraph eId="schedule-4-paragraph-18-1"><

<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-4-paragraph-24" class="schProv1"><num>24</num><content>Part 7ZA of CTA 2010 is amended as follows.</content></paragraph>

<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-4-paragraph-40" class="schProv1"><num>40</num><content><mod>In section 210A of TCGA 1992, in subsection (10C), for the words from “In determining” to “an accounting period” substitute <quotedText>“

<paragraph xmlns="http://docs.oasis-open.org/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="schedule-6-paragraph-1" class="schProv1"><num>1</num><content><mod>In section 301 of CTA 2009 (calc

<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-6-paragraph-10" class="schProv1"><num>10</num><content>Schedule 5 to FA 2019 has effect as if the amendments made by paragraphs <ref href="#schedule-6-paragraph-1">1</ref> to <ref href="#schedule-6-paragraph-7">7</r

<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-8-paragraph-6" class="schProv1"><num>6</num><subparagraph eId="schedule-8-paragraph-6-1"><num>(1)</num><content>An officer of Revenue and Customs may enquire into a DST return if, within the time allowed, the office

<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-8-paragraph-9" class="schProv1"><num>9</num><subparagraph eId="schedule-8-paragraph-9-1"><num>(1)</num><content>This paragraph applies if a DST return is amended under paragraph <ref href="#schedule-8-paragraph-3">3

<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-8-paragraph-12" class="schProv1"><num>12</num><subparagraph eId="schedule-8-paragraph-12-1"><num>(1)</num><intro>While proceedings on a referral under paragraph <ref href="#schedule-8-paragraph-10">10</ref> are in p

<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-8-paragraph-15" class="schProv1"><num>15</num><subparagraph eId="schedule-8-paragraph-15-1"><num>(1)</num><content>The responsible member may apply to the tribunal for a direction that an officer of Revenue and Cust

<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-8-paragraph-52" class="schProv1"><num>52</num><subparagraph eId="schedule-8-paragraph-52-1"><num>(1)</num><content>A person who is required to file a DST return and fails to do so by the filing date is liable to a p

<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-8-paragraph-55" class="schProv1"><num>55</num><subparagraph eId="schedule-8-paragraph-55-1"><num>(1)</num><content>A person who fails to comply with paragraph <ref href="#schedule-8-paragraph-4">4</ref> in relation

<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-8-paragraph-58" class="schProv1"><num>58</num><intro>A person may appeal against—</intro><level class="para1" eId="schedule-8-paragraph-58-a"><num>(a)</num><content>a decision of HMRC that a penalty under thi

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="schedule-8-paragraph-58-a"><num>(a)</num><content>a decision of HMRC that a penalty under this Part of this Schedule is payable by the person, or</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="schedule-8-paragraph-58-b"><num>(b)</num><content>a decision of HMRC as to the amount of any such penalty.</content></level>

<paragraph xmlns="http://docs.oasis-open.org/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="schedule-4-paragraph-9" class="schProv1"><num>9</num><content><mod>In section 269ZZ (company tax re

<paragraph xmlns="http://docs.oasis-open.org/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="schedule-4-paragraph-13" class="schProv1"><num>13</num><content><mod>After section 269ZFB of CTA 20

<paragraph xmlns="http://docs.oasis-open.org/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="schedule-4-paragraph-25" class="schProv1"><num>25</num><subparagraph eId="schedule-4-paragraph-25-1"><

<paragraph xmlns="http://docs.oasis-open.org/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="schedule-4-paragraph-41" class="schProv1"><num>41</num><content><mod>In section 93 of FA 2012 (mini

<paragraph xmlns="http://docs.oasis-open.org/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="schedule-6-paragraph-2" class="schProv1"><num>2</num><content><mod>In section 574 of CTA 2009 (deri

<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-6-paragraph-11" class="schProv1"><num>11</num><content>The amendments made by paragraphs <ref href="#schedule-6-paragraph-8">8</ref> and <ref href="#schedule-6-paragraph-9">9</ref> have effect in relation to disposa

<paragraph xmlns="http://docs.oasis-open.org/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="schedule-4-paragraph-14" class="schProv1"><num>14</num><subparagraph eId="schedule-4-paragraph-14-1"><

<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-4-paragraph-26" class="schProv1"><num>26</num><content>In section 269ZC (restriction on deductions from non-trading profits) omit subsection (7) (meaning of a company's “deductions allowance”).</content></parag

<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-4-paragraph-15" class="schProv1"><num>15</num><content><mod>In section 95 of FA 2012 (use of non-BLAGAB allowable losses to reduce I-E profit) for “in accordance with section 210A(2) of TCGA 1992” substitute <quote

<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-4-paragraph-27" class="schProv1"><num>27</num><content>In section 269ZD (restriction on deductions from total profits) omit subsection (6) (meaning of a company's “deductions allowance”).</content></paragraph>

<paragraph xmlns="http://docs.oasis-open.org/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="schedule-4-paragraph-28" class="schProv1"><num>28</num><content><mod>After section 269ZD insert—<qu

<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-4-paragraph-29" class="schProv1"><num>29</num><subparagraph eId="schedule-4-paragraph-29-1"><num>(1)</num><content>Section 269ZF (“<term refersTo="#term-relevant-trading-profits" eId="term-relevant-trading-profits">

<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-4-paragraph-30" class="schProv1"><num>30</num><subparagraph eId="schedule-4-paragraph-30-1"><num>(1)</num><content>Section 269ZFA (“relevant profits”) is amended as follows.</content></subparagraph><subparagraph

<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-4-paragraph-31" class="schProv1"><num>31</num><content><mod>In section 269ZG (general insurance companies: excluded accounting periods), in subsection (1), for “269ZE” substitute <quotedText>“ 269

<paragraph xmlns="http://docs.oasis-open.org/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="schedule-4-paragraph-32" class="schProv1"><num>32</num><content><mod>In section 269ZR (deductions a

<paragraph xmlns="http://docs.oasis-open.org/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="schedule-4-paragraph-33" class="schProv1"><num>33</num><content><mod>In section 269ZW (deductions a

<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-4-paragraph-34" class="schProv1"><num>34</num><intro>In section 269ZZ (company tax return to specify amount of deductions allowance), in subsection (2)—</intro><level class="para1" eId="schedule-4-paragraph-34-a

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="schedule-4-paragraph-34-a"><num>(a)</num><content><mod>after “section 269ZB(2),” insert <quotedText>“ 269ZBA(2), ”</quotedText>, and</mod></content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="schedule-4-paragraph-34-b"><num>(b)</num><content><mod>for “or 269ZD(2) or section 124D(1) of FA 2012” substitute <quotedText>“ , 269ZD(2) or 269ZFC(2) ”</quotedText>.</mo

<paragraph xmlns="http://docs.oasis-open.org/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="schedule-4-paragraph-35" class="schProv1"><num>35</num><subparagraph eId="schedule-4-paragraph-35-1"><

<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-51"><num>51</num><heading>When DST is due and payable</heading><content>Digital services tax in respect of an accounting period is due and payable on the day following the end of 9 months from the end of the accounting

<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-duty-to-submit-returns-etc"><heading>Duty to submit returns etc</heading><section eId="section-5

<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-52"><num>52</num><heading>Meaning of “the responsible member”</heading><subsection eId="section-52-1"><num>(1)</num><intro>In this Part any reference to “the responsible member” of a group, at any time, is a referenc

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-52-1"><num>(1)</num><intro>In this Part any reference to “the responsible member” of a group, at any time, is a reference to the following person—</intro><level class="para1" eId="section-52-1-a"><num>(a)</num>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-52-1-a"><num>(a)</num><content>if at that time a nomination under subsection (2) is in force, the person nominated;</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>otherwise, the parent of the group.</content></level>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-52-2"><num>(2)</num><intro>The parent of a group may nominate a person to be “the responsible member” of the group if—</intro><level class="para1" eId="section-52-2-a"><num>(a)</num><content>the person is a

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-52-2-a"><num>(a)</num><content>the person is a member of the group,</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>the person is a company, and</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>the parent agrees in writing to provide the person with everything the person may reasonably require in order to comply with—</intro><level class="para2" eId="section-52-2-c

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para2" eId="section-52-2-c-i"><num>(i)</num><content>any obligation imposed by or under this Part, or</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>any other obligation imposed on the person in connection with any digital services tax liability of any member of the group.</content></level>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-52-3"><num>(3)</num><intro>A nomination is in force from the time it is made until any of the following events occurs—</intro><level class="para1" eId="section-52-3-a"><num>(a)</num><content>the parent nomina

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-52-3-a"><num>(a)</num><content>the parent nominates another person;</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-52-3-b"><num>(b)</num><content>the person nominated ceases to be a member of the group or ceases to be a company;</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-52-3-c"><num>(c)</num><content>an officer of Revenue and Customs or the parent revokes the nomination.</content></level>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-52-4"><num>(4)</num><intro>An officer of Revenue and Customs may revoke a nomination only if the officer has reason to believe that the person nominated—</intro><level class="para1" eId="section-52-4-a"><num>(a)

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-52-4-a"><num>(a)</num><content>is not being provided with something the person reasonably requires in order to comply with an obligation of a kind mentioned in subsection (2)(c), or</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>is not complying with any such obligation.</content></level>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-52-5"><num>(5)</num><content>An officer of Revenue and Customs revokes a nomination by notifying the parent and the nominated person of the revocation.The revocation has effect when the notification is issued

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-52-6"><num>(6)</num><content>Any nomination, or revocation of a nomination, must be in writing.</content></subsection>

<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-53"><num>53</num><heading>Continuity of obligations etc where change in the responsible member</heading><subsection eId="section-53-1"><num>(1)</num><content><mod>This section applies if at any time (“<term refersTo="#

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-53-1"><num>(1)</num><content><mod>This section applies if at any time (“<term refersTo="#term-the-relevant-time" eId="term-the-relevant-time">the relevant time</term>”) a person (“the new responsible member”) become

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-53-2"><num>(2)</num><content>The relevant obligations and liabilities of the new responsible member include any relevant obligations and liabilities of the old responsible member as respects the group.</content>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-53-3"><num>(3)</num><content>Anything done as respects the group by or in relation to the old responsible member, before the relevant time, is treated as having been done by or in relation to the new responsible mem

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-53-4"><num>(4)</num><content>Accordingly, a penalty may be imposed on the new responsible member in respect of anything done before the relevant time if, at that time, a penalty could have been imposed on the old re

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-53-5"><num>(5)</num><content>Anything done by HMRC in relation to the old responsible member as respects the group, before the end of the day the change is notified, is treated for all relevant purposes as done by o

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-53-6"><num>(6)</num><content>Anything (including any proceedings) relating to the group that, at any time during the period beginning with the relevant time and ending with the day the change is notified, is in the

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-53-7"><num>(7)</num><content>Accordingly, any reference in an enactment or other instrument to the responsible member of the group is to be read, so far as necessary for the purposes of giving effect to any of subse

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-53-8"><num>(8)</num><intro>In this section—</intro><level class="para1" eId="section-53-8-a"><num>(a)</num><content>any reference to an act includes an omission;</content></level><level class="para1" eId=

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-53-8-a"><num>(a)</num><content>any reference to an act includes an omission;</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>any reference to the day the change is notified is to the day on which an officer of Revenue and Customs receives notification, in accordance with section 55, that the new res

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-53-8-c"><num>(c)</num><content>“<term refersTo="#term-relevant-obligations-and-liabilities" eId="term-relevant-obligations-and-liabilities">relevant obligations and liabilities</term>” means any obligations

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-53-8-d"><num>(d)</num><content>“<term refersTo="#term-relevant-purposes" eId="term-relevant-purposes">relevant purposes</term>” means any purposes relating to digital services tax.</content></level>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-53-9"><num>(9)</num><intro>Nothing in this section—</intro><level class="para1" eId="section-53-9-a"><num>(a)</num><content>prevents HMRC or anyone else, after the relevant time, from imposing a penalty, exer

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-53-9-a"><num>(a)</num><content>prevents HMRC or anyone else, after the relevant time, from imposing a penalty, exercising any other power, or doing anything else, in relation to the old responsible member i

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-53-9-b"><num>(b)</num><content>affects the validity of anything done before the relevant time.</content></level>

<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-54"><num>54</num><heading>Duty to notify HMRC when threshold conditions are met</heading><subsection eId="section-54-1"><num>(1)</num><intro>This section applies—</intro><level class="para1" eId="section-54-1-a"><n

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-54-1"><num>(1)</num><intro>This section applies—</intro><level class="para1" eId="section-54-1-a"><num>(a)</num><content>in relation to the first accounting period of a group in respect of which the threshold

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-54-1-a"><num>(a)</num><content>in relation to the first accounting period of a group in respect of which the threshold conditions are met, and</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-54-1-b"><num>(b)</num><content>where a direction under section 56 has been given in respect of a group, in relation to the first relevant accounting period in respect of which the threshold conditions are m

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-54-2"><num>(2)</num><content>The responsible member must provide specified information to HMRC.</content></subsection>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-54-3"><num>(3)</num><content>The information must be provided in the specified way.</content></subsection>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-54-4"><num>(4)</num><content>The information must be provided before the end of the period of 90 days from the end of the accounting period.</content></subsection>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-54-5"><num>(5)</num><content>In subsections (2) and (3) “<term refersTo="#term-specified" eId="term-specified">specified</term>” means specified in a notice published by HMRC.</content></subsection>

<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-55"><num>55</num><heading>Duty to notify HMRC of change in relevant information</heading><subsection eId="section-55-1"><num>(1)</num><content>This section applies where section 54 applies or has applied in relation to

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-55-1"><num>(1)</num><content>This section applies where section 54 applies or has applied in relation to a group.</content></subsection>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-55-2"><num>(2)</num><content>If at any relevant time there is a change in relevant information relating to the group, the responsible member must notify HMRC of that change.</content></subsection>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-55-3"><num>(3)</num><content>The notification must be given in the specified way.</content></subsection>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-55-4"><num>(4)</num><content>The notification must be given before the end of the period of 90 days beginning with the day on which the change occurs.</content></subsection>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-55-5"><num>(5)</num><content>In subsection (3) “<term refersTo="#term-specified" eId="term-specified">specified</term>” means specified in a notice published by HMRC.</content></subsection>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-55-6"><num>(6)</num><intro>In this section—</intro><hcontainer name="definition"><content>“<term refersTo="#term-relevant-information" eId="term-relevant-information">relevant information</term>” means inform

<hcontainer xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" name="definition"><content>“<term refersTo="#term-hmrc" eId="term-hmrc">HMRC</term>” means Her Majesty's Revenue and Customs;</content></hcontainer>

<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-5-paragraph-8" class="schProv1"><num>8</num><content>The amendment made by paragraph 2 has effect in the case of any sale within subsection (1) of the substituted section 270EC(1) of CAA 2001 that takes place on or

<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-9-paragraph-1" class="schProv1"><num>1</num><subparagraph eId="schedule-9-paragraph-1-1"><num>(1)</num><content>This Schedule applies where a payment notice has been given to a person (“the recipient”).</content

<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-9-paragraph-4" class="schProv1"><num>4</num><subparagraph eId="schedule-9-paragraph-4-1"><num>(1)</num><content>If the recipient pays any amount in pursuance of the notice the recipient may recover that amount from

<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-14-paragraph-1" class="schProv1"><num>1</num><content>Part 5 of FA 2013 (the general anti-abuse rule) is amended as follows.</content></paragraph>

<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-5-paragraph-9" class="schProv1"><num>9</num><content>The amendments made by paragraph 3 have effect in relation to contributions made on or after 11 March 2020.</content></paragraph>

<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-5-paragraph-10" class="schProv1"><num>10</num><content>Part 2A of CAA 2001 has effect, and is to be deemed always to have had effect, with the amendments made by paragraphs 4 to 7.</content></paragraph>

<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-56"><num>56</num><heading>Duty to file returns</heading><subsection eId="section-56-1"><num>(1)</num><content>This section applies where the threshold conditions are met in relation to a group for an accounting period.

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-56-1"><num>(1)</num><content>This section applies where the threshold conditions are met in relation to a group for an accounting period.</content></subsection>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-56-2"><num>(2)</num><intro>The responsible member must deliver a DST return—</intro><level class="para1" eId="section-56-2-a"><num>(a)</num><content>for the accounting period, and</content></level><level

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-56-2-a"><num>(a)</num><content>for the accounting period, and</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-56-2-b"><num>(b)</num><content>for each subsequent accounting period, subject to subsection (3).</content></level>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-56-3"><num>(3)</num><content>An officer of Revenue and Customs may, on the application of the responsible member, direct that the duty to deliver a DST return does not apply in relation to an accounting period speci

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-56-4"><num>(4)</num><content>Such a direction may be given only if it appears to the officer that the threshold conditions will not be met in relation to the group for any accounting period beginning with the specif

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-56-5"><num>(5)</num><content>Nothing in a direction under subsection (3) prevents the further application of this section to the group, in any subsequent accounting period in which the threshold conditions are met.<

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-56-6"><num>(6)</num><content>Schedule 8 contains provision about DST returns, enquiries, assessments etc.</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-groups-parents-and-members"><heading>Groups, parents and members</heading><section eId="section-

<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-57"><num>57</num><heading>Meaning of “group”, “parent” etc</heading><subsection eId="section-57-1"><num>(1)</num><intro>In this Part “<term refersTo="#term-group" eId="term-group">group</term>” means—</intro><le

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-57-1"><num>(1)</num><intro>In this Part “<term refersTo="#term-group" eId="term-group">group</term>” means—</intro><level class="para1" eId="section-57-1-a"><num>(a)</num><intro>any entity which—</intro>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-57-1-a"><num>(a)</num><intro>any entity which—</intro><level class="para2" eId="section-57-1-a-i"><num>(i)</num><content>is a relevant entity (see section 58), and</content></level><level class="

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para2" eId="section-57-1-a-i"><num>(i)</num><content>is a relevant entity (see section 58), and</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para2" eId="section-57-1-a-ii"><num>(ii)</num><content>meets condition A or B (see subsections (2) and (3)), and</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-57-1-b"><num>(b)</num><content>each subsidiary (if any) of the entity mentioned in paragraph (a).</content></level>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-57-2"><num>(2)</num><intro>Condition A is that the entity—</intro><level class="para1" eId="section-57-2-a"><num>(a)</num><content>is a member of a GAAP group, and</content></level><level class="para1" eI

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-57-2-a"><num>(a)</num><content>is a member of a GAAP group, and</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-57-2-b"><num>(b)</num><intro>is not a subsidiary of an entity that—</intro><level class="para2" eId="section-57-2-b-i"><num>(i)</num><content>is a relevant entity, and</content></level><level cla

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para2" eId="section-57-2-b-i"><num>(i)</num><content>is a relevant entity, and</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para2" eId="section-57-2-b-ii"><num>(ii)</num><content>itself meets condition A.</content></level>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-57-3"><num>(3)</num><content>Condition B is that the entity is not a member of a GAAP group.</content></subsection>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-57-4"><num>(4)</num><intro>In this Part—</intro><level class="para1" eId="section-57-4-a"><num>(a)</num><content>references to the “<term refersTo="#term-parent" eId="term-parent">parent</term>” of a group a

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-57-4-a"><num>(a)</num><content>references to the “<term refersTo="#term-parent" eId="term-parent">parent</term>” of a group are to the entity mentioned in subsection (1)(a);</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-57-4-b"><num>(b)</num><content>references to a “member” of a group are to an entity mentioned in subsection (1)(a) or (b);</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-57-4-c"><num>(c)</num><content>“<term refersTo="#term-subsidiary" eId="term-subsidiary">subsidiary</term>” has the meaning given by the applicable accounting standards.</content></level>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-57-5"><num>(5)</num><content>In this section “<term refersTo="#term-gaap-group" eId="term-gaap-group">GAAP group</term>” means a group within the meaning of the applicable accounting standards.</content></subse

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-57-6"><num>(6)</num><content>For the meaning of “the applicable accounting standards” see section 64.</content></subsection>

<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-58"><num>58</num><heading>Section 57: meaning of “relevant entity”</heading><subsection eId="section-58-1"><num>(1)</num><intro>In section 57 “<term refersTo="#term-relevant-entity" eId="term-relevant-entity">relevan

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-58-1"><num>(1)</num><intro>In section 57 “<term refersTo="#term-relevant-entity" eId="term-relevant-entity">relevant entity</term>” means—</intro><level class="para1" eId="section-58-1-a"><num>(a)</num><content

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-58-1-a"><num>(a)</num><content>a company, or</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-58-1-b"><num>(b)</num><content>an entity the shares or other interests in which are listed on a recognised stock exchange and are sufficiently widely held.</content></level>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-58-2"><num>(2)</num><content>Shares or other interests in an entity are “sufficiently widely held” if no participator in the entity holds more than 10% by value of all the shares or other interests in the entity.</

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-58-3"><num>(3)</num><intro>The following are not relevant entities—</intro><level class="para1" eId="section-58-3-a"><num>(a)</num><content>the Crown;</content></level><level class="para1" eId="section-58

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-58-3-a"><num>(a)</num><content>the Crown;</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-58-3-b"><num>(b)</num><content>a Minister of the Crown;</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-58-3-c"><num>(c)</num><content>a government department;</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-58-3-d"><num>(d)</num><content>a Northern Ireland department;</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-58-3-e"><num>(e)</num><content>a foreign sovereign power.</content></level>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-58-4"><num>(4)</num><intro>In this section—</intro><level class="para1" eId="section-58-4-a"><num>(a)</num><content>“<term refersTo="#term-participator" eId="term-participator">participator</term>” has the me

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-58-4-a"><num>(a)</num><content>“<term refersTo="#term-participator" eId="term-participator">participator</term>” has the meaning given by section 454 of CTA 2010;</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-58-4-b"><num>(b)</num><content>“<term refersTo="#term-recognised-stock-exchange" eId="term-recognised-stock-exchange">recognised stock exchange</term>” has the meaning given by section 1137 of CTA 2010;

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-58-4-c"><num>(c)</num><content>the reference to shares or other interests being listed on a recognised stock exchange is to be read in accordance with section 1137 of CTA 2010.</content></level>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-58-5"><num>(5)</num><content>For the meaning of “company” see section 72.</content></subsection>

<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-59"><num>59</num><heading>Continuity of a group over time</heading><subsection eId="section-59-1"><num>(1)</num><content>In this Part, this section applies for the purpose of determining whether a group at any time (Ti

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-59-1"><num>(1)</num><content>In this Part, this section applies for the purpose of determining whether a group at any time (Time 2) is the same group as a group at any earlier time (Time 1).</content></subsectio

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-59-2"><num>(2)</num><intro>The group at Time 2 is the same group as the group at Time 1 if and only if the entity that is the parent of the group at Time 2—</intro><level class="para1" eId="section-59-2-a"><num>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-59-2-a"><num>(a)</num><content>was the parent of the group at Time 1, and</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>was the parent of a group at all times between Time 1 and Time 2.</content></level>

<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-60"><num>60</num><heading>Treatment of stapled entities</heading><subsection eId="section-60-1"><num>(1)</num><intro>This section applies where two or more entities—</intro><level class="para1" eId="section-60-1-a"

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-60-1"><num>(1)</num><intro>This section applies where two or more entities—</intro><level class="para1" eId="section-60-1-a"><num>(a)</num><content>would, apart from this section, be the parent of a group, an

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-60-1-a"><num>(a)</num><content>would, apart from this section, be the parent of a group, and</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-60-1-b"><num>(b)</num><content>are stapled to each other.</content></level>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-60-2"><num>(2)</num><intro>This Part applies as if—</intro><level class="para1" eId="section-60-2-a"><num>(a)</num><content>the entities were subsidiaries of another entity (the “deemed parent”), and</co

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-60-2-a"><num>(a)</num><content>the entities were subsidiaries of another entity (the “deemed parent”), and</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-60-2-b"><num>(b)</num><content>the deemed parent were within section 57(1)(a) (conditions for being the parent of a group).</content></level>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-60-3"><num>(3)</num><content>For the purpose of this section, an entity (A) is “stapled” to another entity (B) if, in consequence of the nature of the rights attaching to the shares or other interests in A (includi

<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-accounting-periods-accounts-etc"><heading>Accounting periods, accounts etc</heading><section eId

<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-61"><num>61</num><heading>Accounting periods and meaning of “a group's accounts”</heading><subsection eId="section-61-1"><num>(1)</num><content>This section applies for the purposes of this Part.</content></subsec

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-61-1"><num>(1)</num><content>This section applies for the purposes of this Part.</content></subsection>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-61-2"><num>(2)</num><intro>A group's first accounting period—</intro><level class="para1" eId="section-61-2-a"><num>(a)</num><content>begins with 1 April 2020, and</content></level><level class="para1" eI

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-61-2-a"><num>(a)</num><content>begins with 1 April 2020, and</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-61-2-b"><num>(b)</num><content>ends with the first accounting reference date to occur after that date or, if earlier, with 31 March 2021.</content></level>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-61-3"><num>(3)</num><intro>Any other accounting period of a group—</intro><level class="para1" eId="section-61-3-a"><num>(a)</num><content>begins immediately after the end of the previous accounting period, a

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-61-3-a"><num>(a)</num><content>begins immediately after the end of the previous accounting period, and</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-61-3-b"><num>(b)</num><content>ends with the first accounting reference date to occur after it begins or, if earlier, one year after it begins.</content></level>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-61-4"><num>(4)</num><intro>In the case of a group formed after 1 April 2020, its first accounting period—</intro><level class="para1" eId="section-61-4-a"><num>(a)</num><content>begins with the date on which

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-61-4-a"><num>(a)</num><content>begins with the date on which it is formed, and</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-61-4-b"><num>(b)</num><content>ends with the first accounting reference date to occur after that date or, if earlier, one year after it begins.</content></level>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-61-5"><num>(5)</num><content>In this section “<term refersTo="#term-accounting-reference-date" eId="term-accounting-reference-date">accounting reference date</term>” means the date to which the group's accounts are

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-61-6"><num>(6)</num><intro>Any reference to a group's accounts is to—</intro><level class="para1" eId="section-61-6-a"><num>(a)</num><content>the consolidated accounts of the group's parent and its subsidiari

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-61-6-a"><num>(a)</num><content>the consolidated accounts of the group's parent and its subsidiaries, or</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-61-6-b"><num>(b)</num><content>the parent's accounts (if the parent is the only member of the group throughout the period in question).</content></level>

<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-62"><num>62</num><heading>Apportionment of revenues or expenses to accounting period</heading><subsection eId="section-62-1"><num>(1)</num><content>This section applies if a group's period of account does not coincide

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-62-1"><num>(1)</num><content>This section applies if a group's period of account does not coincide with an accounting period.</content></subsection>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-62-2"><num>(2)</num><content>The revenues or expenses of a period of account may be apportioned to the parts of that period falling within different accounting periods.</content></subsection>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-62-3"><num>(3)</num><content>The apportionment must be made by reference to the number of days in the periods concerned.</content></subsection>

<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-63"><num>63</num><heading>Meaning of revenues arising, or expenses recognised, in a period</heading><subsection eId="section-63-1"><num>(1)</num><content>In this Part any reference to revenues arising to members of a g

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-63-1"><num>(1)</num><content>In this Part any reference to revenues arising to members of a group in a period, or to expenses of members of a group recognised in a period, is to be interpreted as follows.</conte

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-63-2"><num>(2)</num><intro>For any period of account of the group for which the group's accounts are produced in accordance with the applicable accounting standards, the reference is to—</intro><level class="par

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-63-2-a"><num>(a)</num><content>revenues (however described) or expenses recognised in the income statement (or in profit and loss) for that period, or</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-63-2-b"><num>(b)</num><content>if any consolidation exemption applies, to revenues (however described) or expenses that would be recognised in the income statement (or in profit and loss) for that period if

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-63-3"><num>(3)</num><content>For any period of account of the group not falling within subsection (2), the reference is to revenues or expenses that would be recognised in the income statement (or in profit and loss

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-63-4"><num>(4)</num><content>If the group does not produce accounts for any period (“<term refersTo="#term-the-relevant-period" eId="term-the-relevant-period">the relevant period</term>”) in an accounting period, th

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-63-5"><num>(5)</num><content>In this section “<term refersTo="#term-consolidation-exemption" eId="term-consolidation-exemption">consolidation exemption</term>” means any exemption in the applicable accounting stand

<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="section-64"><num>64</num><heading>Meaning of “the applicable accounting standards” etc</heading><subsection eId="section-64-1"><num>(1)</num><content>This secti

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-64-1"><num>(1)</num><content>This section applies for the purposes of this Part.</content></subsection>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-64-2"><num>(2)</num><intro>“<term refersTo="#term-the-applicable-accounting-standards" eId="term-the-applicable-accounting-standards">The applicable accounting standards</term>”, in relation to a group, means—</

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-64-2-a"><num>(a)</num><content>for any period for which the group's accounts are produced in accordance with UK GAAP, UK GAAP;</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-64-2-b"><num>(b)</num><content>for any period for which the group's accounts are produced in accordance with acceptable overseas GAAP, acceptable overseas GAAP;</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-64-2-c"><num>(c)</num><content>for any period for which the group's accounts are produced in accordance with a specified standard, that standard;</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-64-2-d"><num>(d)</num><content>otherwise, IAS.</content></level>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-64-3"><num>(3)</num><intro>“UK GAAP”—</intro><level class="para1" eId="section-64-3-a"><num>(a)</num><content>means generally accepted accounting practice in relation to accounts of UK companies (other than a

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-64-3-a"><num>(a)</num><content>means generally accepted accounting practice in relation to accounts of UK companies (other than accounts prepared in accordance with IAS) that are intended to give a true and

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-64-3-b"><num>(b)</num><content>has the same meaning in relation to persons other than companies, and companies that are not UK companies, as it has in relation to UK companies.</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-64-4"><num>(4)</num><content>“<term refersTo="#term-acceptable-overseas-gaap" eId="term-acceptable-overseas-gaap">Acceptable overseas GAAP</term>” mea

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-64-5"><num>(5)</num><intro>“<term refersTo="#term-ias" eId="term-ias">IAS</term>” means—</intro><level class="para1" eId="section-64-5-a"><num>(a)</num><content>International Accounting Standards,</conten

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-64-5-a"><num>(a)</num><content>International Accounting Standards,</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-64-5-b"><num>(b)</num><content>International Financial Reporting Standards, and</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-64-5-c"><num>(c)</num><content>related interpretations,</content></level>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-64-6"><num>(6)</num><content>In subsection (2)(c), “<term refersTo="#term-specified" eId="term-specified">specified</term>” means specified in a notice published by HMRC.</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-supplementary"><heading>Supplementary</heading><section eId="section-65"><num>65</num><heading>A

<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="section-65"><num>65</num><heading>Anti-avoidance</heading><subsection eId="section-65-1"><num>(1)</num><content>Any tax advantage that would (apart from this sec

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-65-1"><num>(1)</num><content>Any tax advantage that would (apart from this section) arise from relevant avoidance arrangements is to be counteracted by the making of such adjustments as are just and reasonable.<

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-65-2"><num>(2)</num><content>The adjustments (whether or not made by an officer of Revenue and Customs) may be made by way of an assessment, the modification of an assessment, amendment or disallowance of a claim, o

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-65-3"><num>(3)</num><content>Arrangements are “relevant avoidance arrangements” if their main purpose, or one of their main purposes, is to enable a person to obtain a tax advantage.</content></subsection>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-65-4"><num>(4)</num><intro>But arrangements are not “relevant avoidance arrangements” if the obtaining of any tax advantage that would (apart from this section) arise from them can reasonably be regarded as consist

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-65-4-a"><num>(a)</num><content>any principles on which the provisions of this Part that are relevant to the arrangements are based (whether express or implied), and</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-65-4-b"><num>(b)</num><content>the policy objectives of those provisions.</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-65-5"><num>(5)</num><content>In this section—<blockList class="unordered none" ukl:Name="UnorderedList" ukl:Decoration="none"><item>“arrangemen

<hcontainer xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" name="definition"><content>“<term refersTo="#term-the-due-date" eId="term-the-due-date">the due date</term>”, in relation to an accounting period, means the date digital services tax for the accounting period becomes due and pay

<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-1-paragraph-24" class="schProv1"><num>24</num><content>The amendments made by Part 1 of this Schedule have effect for the tax year 2021-22 and subsequent tax years.</content></paragraph>

<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-3-paragraph-3" class="schProv1"><num>3</num><subparagraph eId="schedule-3-paragraph-3-1"><num>(1)</num><content>This paragraph applies where an asset is conveyed or transferred on or after 11 March 2020 under a cont

<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-3-paragraph-6" class="schProv1"><num>6</num><subparagraph eId="schedule-3-paragraph-6-1"><num>(1)</num><content>Paragraphs 2 to 5 are to be construed as if they were contained in Chapter 3 of Part 5 of TCGA 1992, su

<paragraph xmlns="http://docs.oasis-open.org/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="schedule-5-paragraph-3" class="schProv1"><num>3</num><subparagraph eId="schedule-5-paragraph-3-1"><num

<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-7-paragraph-4" class="schProv1"><num>4</num><subparagraph eId="schedule-7-paragraph-4-1"><num>(1)</num><intro>The amendments made by this Schedule—</intro><level class="para1" eId="schedule-7-paragraph-4-1-a"><n

<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-8-paragraph-4" class="schProv1"><num>4</num><subparagraph eId="schedule-8-paragraph-4-1"><num>(1)</num><content>This paragraph applies in relation to a group for an accounting period if the responsible member is req

<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-8-paragraph-7" class="schProv1"><num>7</num><subparagraph eId="schedule-8-paragraph-7-1"><num>(1)</num><intro>An enquiry extends to anything contained in the return, or required to be contained in the return, includ

<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-8-paragraph-10" class="schProv1"><num>10</num><subparagraph eId="schedule-8-paragraph-10-1"><num>(1)</num><content>At any time when an enquiry is in progress into a DST return any question arising in connection with

<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-8-paragraph-13" class="schProv1"><num>13</num><subparagraph eId="schedule-8-paragraph-13-1"><num>(1)</num><content>The determination of a question referred to the tribunal under paragraph <ref href="#schedule-8-para

<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-8-paragraph-18" class="schProv1"><num>18</num><subparagraph eId="schedule-8-paragraph-18-1"><num>(1)</num><content>If, after an HMRC determination has been made, a DST return is delivered for the accounting period,

<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-11-paragraph-15" class="schProv1"><num>15</num><content>In Schedule 7A to VATA 1994, in Group 1, in Note 1(3) omit paragraph (b) (and the “or” immediately before it).</content></paragraph>

<paragraph xmlns="http://docs.oasis-open.org/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="schedule-12-paragraph-2" class="schProv1"><num>2</num><subparagraph eId="schedule-12-paragraph-2-1"><n

<paragraph xmlns="http://docs.oasis-open.org/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="schedule-12-paragraph-8" class="schProv1"><num>8</num><subparagraph eId="schedule-12-paragraph-8-1"><n

<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-13-paragraph-3" class="schProv1"><num>3</num><subparagraph eId="schedule-13-paragraph-3-1"><num>(1)</num><content>An authorised HMRC officer may give a notice under this sub-paragraph to an individual if it appears

<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-13-paragraph-7" class="schProv1"><num>7</num><intro>In this Schedule “tax-evasive conduct” means—</intro><level class="para1" eId="schedule-13-paragraph-7-a"><num>(a)</num><content>giving to HMRC any delibera

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="schedule-13-paragraph-7-a"><num>(a)</num><content>giving to HMRC any deliberately inaccurate return, claim, document or information, or</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="schedule-13-paragraph-7-b"><num>(b)</num><content>deliberately failing to comply with an obligation specified in the Table in paragraph 1 of Schedule 41 to FA 2008 (obligations to notify liability to tax, etc).

<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-13-paragraph-10" class="schProv1"><num>10</num><subparagraph eId="schedule-13-paragraph-10-1"><num>(1)</num><intro>HMRC must withdraw a joint liability notice given to an individual, by giving a further notice to th

<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-13-paragraph-13" class="schProv1"><num>13</num><subparagraph eId="schedule-13-paragraph-13-1"><num>(1)</num><intro>An individual who has been given—</intro><level class="para1" eId="schedule-13-paragraph-13-1-a"

<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-13-paragraph-16" class="schProv1"><num>16</num><content>Where an individual is given a notice under paragraph <ref href="#schedule-13-paragraph-5-1">5(1)</ref> in a case where paragraph <ref href="#schedule-13-parag

<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-13-paragraph-19" class="schProv1"><num>19</num><intro>In this Schedule—</intro><hcontainer name="definition"><content>“authorised HMRC officer” means an officer of Revenue and Customs who is, or is a member o

<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-1-paragraph-25" class="schProv1"><num>25</num><content>The amendments made by Part 2 of this Schedule have effect in relation to deemed direct payments treated as made on or after 6 April 2021.</content></paragr

<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-13-paragraph-4" class="schProv1"><num>4</num><subparagraph eId="schedule-13-paragraph-4-1"><num>(1)</num><intro>The Treasury may by regulations made by statutory instrument—</intro><level class="para1" eId="sche

<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-1-paragraph-26" class="schProv1"><num>26</num><content>The amendment made by paragraph 18 of this Schedule has effect for the purposes of determining whether section 61D of ITEPA 2003 applies in a case where the pay

<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-11-paragraph-17" class="schProv1"><num>17</num><content>In Schedule 9 to TCTA 2018, in paragraph 6 omit sub-paragraphs (3) and (4).</content></paragraph>

<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-1-paragraph-27" class="schProv1"><num>27</num><content>The amendment made by paragraph 20 of this Schedule has effect in relation to payments made under a construction contract on or after 6 April 2021.</content

<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-1-paragraph-28" class="schProv1"><num>28</num><content>The amendments made by paragraph 23 of this Schedule have effect in relation to expenditure incurred on or after 6 April 2021.</content></paragraph>

<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-1-paragraph-29" class="schProv1"><num>29</num><content>Sections 101 to 103 of FA 2009 (interest) come into force on 6 April 2021 in relation to amounts payable or paid to Her Majesty's Revenue and Customs under regu

<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-66"><num>66</num><heading>Notice requiring payment from other group members</heading><subsection eId="section-66-1"><num>(1)</num><content>This section applies where any DST liability relating to a group for an account

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-66-1"><num>(1)</num><content>This section applies where any DST liability relating to a group for an accounting period is unpaid at the end of the period of 3 months after the relevant date.</content></subsectio

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-66-2"><num>(2)</num><content>A designated officer may give a notice (a “payment notice”) to a relevant person requiring that person, within 30 days of the giving of the notice, to pay all unpaid DST liabilities rel

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-66-3"><num>(3)</num><intro>A payment notice must state—</intro><level class="para1" eId="section-66-3-a"><num>(a)</num><content>the amount of any digital services tax or penalty that remains unpaid,</cont

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-66-3-a"><num>(a)</num><content>the amount of any digital services tax or penalty that remains unpaid,</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-66-3-b"><num>(b)</num><content>the date any digital services tax or penalty first became payable, and</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-66-3-c"><num>(c)</num><content>the relevant person's right of appeal.</content></level>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-66-4"><num>(4)</num><content>A payment notice may not be given more than 3 years and 6 months after the relevant date.</content></subsection>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-66-5"><num>(5)</num><content>If the DST liability arose because of a determination under Part 5 of Schedule 8, the relevant date is the date on which the notice of determination is issued.</content></subsection>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-66-6"><num>(6)</num><intro>If the DST liability arose because of a self-assessment, the relevant date is the later of—</intro><level class="para1" eId="section-66-6-a"><num>(a)</num><content>the date on which

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-66-6-a"><num>(a)</num><content>the date on which the tax becomes due and payable;</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-66-6-b"><num>(b)</num><content>in a case where the DST return is delivered after the filing date, the date on which the return is delivered;</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-66-6-c"><num>(c)</num><content>if notice of enquiry is given, the date on which the enquiry is completed;</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-66-6-d"><num>(d)</num><content>if more than one notice of enquiry is given, the date on which the last notice is given;</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-66-6-e"><num>(e)</num><content>if as a result of such an enquiry the DST return is amended, the date on which the notice of the amendment is issued;</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-66-6-f"><num>(f)</num><content>if there is an appeal against such an amendment, the date on which the appeal is finally determined.</content></level>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-66-7"><num>(7)</num><intro>If the DST liability arose because of an assessment under Part 6 or 7 of Schedule 8, the relevant date is—</intro><level class="para1" eId="section-66-7-a"><num>(a)</num><content>if

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-66-7-a"><num>(a)</num><content>if there is no appeal against the assessment, the date on which the notice of assessment is issued, or</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-66-7-b"><num>(b)</num><content>if there is such an appeal, the date on which the appeal is finally determined.</content></level>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-66-8"><num>(8)</num><content>If the DST liability arose because of a penalty, the relevant date is the date on which the notice of the penalty is issued.</content></subsection>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-66-9"><num>(9)</num><content>A payment notice may be given anywhere in the world, to any relevant person (whether or not resident in the United Kingdom).</content></subsection>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-66-10"><num>(10)</num><content>Schedule 9 makes further provision about payment notices.</content></subsection>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-66-11"><num>(11)</num><intro>In this section—</intro><hcontainer name="definition"><content>“<term refersTo="#term-designated-officer" eId="term-designated-officer">designated officer</term>” means an officer

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-66-12"><num>(12)</num><content>The reference in subsection (6) to a self-assessment includes a reference to a self-assessment that supersedes a determination (see paragraph 18 of Schedule 8).</content></subsecti

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-66-13"><num>(13)</num><content>In this section references to “digital services tax” include references to interest on digital services tax.</content></subsection>

<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-67"><num>67</num><heading>Interest on overdue DST</heading><subsection eId="section-67-1"><num>(1)</num><content>Digital services tax carries interest at the applicable rate from the date when the tax becomes due and p

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-67-1"><num>(1)</num><content>Digital services tax carries interest at the applicable rate from the date when the tax becomes due and payable until payment.</content></subsection>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-67-2"><num>(2)</num><intro>This applies even if the date when the tax becomes due and payable is—</intro><level class="para1" eId="section-67-2-a"><num>(a)</num><content>a Saturday or Sunday,</content></l

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-67-2-a"><num>(a)</num><content>a Saturday or Sunday,</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-67-2-b"><num>(b)</num><content>Good Friday, Christmas Day, a bank holiday or other public holiday, or</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-67-2-c"><num>(c)</num><content>a day specified in an order made under section 2 of the Banking and Financial Dealings Act 1971 (power to suspend financial dealings).</content></level>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-67-3"><num>(3)</num><content>In this section “<term refersTo="#term-the-applicable-rate" eId="term-the-applicable-rate">the applicable rate</term>” means the rate applicable under section 178 of FA 1989.</conte

<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-68"><num>68</num><heading>Interest on overpaid DST etc</heading><subsection eId="section-68-1"><num>(1)</num><intro>Where a payment in respect of a person's digital services tax liability for an accounting period is ma

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-68-1"><num>(1)</num><intro>Where a payment in respect of a person's digital services tax liability for an accounting period is made before the due date, the payment carries interest at the applicable rate from the l

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-68-1-a"><num>(a)</num><content>the date the payment is made, and</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-68-1-b"><num>(b)</num><content>6 months and 13 days from the start of the accounting period,</content></level>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-68-2"><num>(2)</num><intro>Where a repayment of digital services tax paid by a person for an accounting period falls to be made, the repayment carries interest at the applicable rate—</intro><level class="para1"

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-68-2-a"><num>(a)</num><content>from the due date or, if later, the date the digital services tax was paid, and</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-68-2-b"><num>(b)</num><content>until the order for repayment is issued.</content></level>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-68-3"><num>(3)</num><content>Where a repayment of digital services tax is a repayment of tax paid by a person on different dates, it is to be treated so far as possible as a repayment of tax paid on a later (rather

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-68-4"><num>(4)</num><intro>Where—</intro><level class="para1" eId="section-68-4-a"><num>(a)</num><content>interest has been paid to a person under this section,</content></level><level class="para1" eId="

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-68-4-a"><num>(a)</num><content>interest has been paid to a person under this section,</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-68-4-b"><num>(b)</num><content>there is a change in the person's assessed liability,</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-68-4-c"><num>(c)</num><content>the change does not correct (wholly or in part) an error made by an officer of Revenue and Customs, and</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-68-4-d"><num>(d)</num><content>as a result of the change (and in particular not as a result of an error in the calculation of interest) it appears to an officer of Revenue and Customs that some or all of th

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-68-5"><num>(5)</num><intro>For the purposes of subsection (4)(b) there is a change in a person's assessed liability if (and only if)—</intro><level class="para1" eId="section-68-5-a"><num>(a)</num><content>an

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-68-5-a"><num>(a)</num><content>an assessment, or an amendment of an assessment, of the amount of digital services tax payable by the person for the accounting period in question is made, or</content></l

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-68-5-b"><num>(b)</num><content>an HMRC determination of that amount is made,</content></level>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-68-6"><num>(6)</num><intro>In this section—</intro><hcontainer name="definition"><content>“<term refersTo="#term-the-applicable-rate" eId="term-the-applicable-rate">the applicable rate</term>” has the same me

<hcontainer xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" name="crossheading" class="schGroup7"><heading>F(No.2)A 2017</heading><paragraph eId="schedule-2-paragraph

<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-2-paragraph-26" class="schProv1"><num>26</num><content>Schedule 11 to F(No.2)A 2017 (employment income provided through third parties: loans etc outstanding on 5 April 2019) is amended as follows.</content></par

<paragraph xmlns="http://docs.oasis-open.org/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="schedule-4-paragraph-16" class="schProv1"><num>16</num><content><mod>In section 197 of TCGA 1992 (d

<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-4-paragraph-19" class="schProv1"><num>19</num><content>Part 12 of CTA 2010 (real estate investment trusts) is amended as follows.</content></paragraph>

<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-2-paragraph-27" class="schProv1"><num>27</num><intro>In paragraph 2 (meaning of “loan”, “quasi-loan” and “approved repayment date”)—</intro><level class="para1" eId="schedule-2-paragraph-27-a"><num>(a)</num><

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="schedule-2-paragraph-27-a"><num>(a)</num><content><mod>in sub-paragraph (2), in the words before paragraph (a), for “paragraph 1” substitute <quotedText>“ paragraphs 1 and 1A

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="schedule-2-paragraph-27-b"><num>(b)</num><content><mod>in sub-paragraph (4) for “paragraph 1” substitute <quotedText>“ paragraphs 1 and 1A ”</quotedText>, and</mod></c

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="schedule-2-paragraph-27-c"><num>(c)</num><content><mod>in sub-paragraph (5) for “paragraph 1” substitute <quotedText>“ paragraphs 1 and 1A ”</quotedText>.</mod></conte

<paragraph xmlns="http://docs.oasis-open.org/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="schedule-4-paragraph-20" class="schProv1"><num>20</num><content><mod>In section 535B (use of pre-Ap

<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-2-paragraph-28" class="schProv1"><num>28</num><content><mod>In paragraph 3(1) (meaning of “outstanding”: loans) for “paragraph 1” substitute <quotedText>“ paragraphs 1 and 1A ”</q

<paragraph xmlns="http://docs.oasis-open.org/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="schedule-4-paragraph-21" class="schProv1"><num>21</num><content><mod>In section 550 (attribution of

<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-2-paragraph-29" class="schProv1"><num>29</num><content><mod>In paragraph 4 (when an amount of a loan is outstanding: certain repayments to be disregarded) in sub-paragraph (6) for “the relevant step treated as take

<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-4-paragraph-22" class="schProv1"><num>22</num><content><mod>In section 556 (disposal of assets) in subsection (7), for “and 535A” substitute <quotedText>“ , 535A and 535B ”</quoted

<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-2-paragraph-30" class="schProv1"><num>30</num><content><mod>In paragraph 5 (meaning of “outstanding”: loans where A or B acquires a right to payment of the loan) in sub-paragraph (2)(b) for “paragraph 1(4)” substi

<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-2-paragraph-31" class="schProv1"><num>31</num><content><mod>In paragraph 7 (meaning of “outstanding”: loans in currencies other than stirling) in sub-paragraph (3) after “relevant step” insert <quotedText>“

<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-2-paragraph-32" class="schProv1"><num>32</num><content><mod>In paragraph 10 (meaning of “outstanding”: loans made in a depreciating currency) in sub-paragraph (1)(b) after “relevant step” insert <quotedText>“

<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-2-paragraph-33" class="schProv1"><num>33</num><content><mod>In paragraph 11(1) (meaning of “outstanding”: quasi-loans) for “paragraph 1” substitute <quotedText>“ paragraphs 1 and 1A

<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-2-paragraph-34" class="schProv1"><num>34</num><content><mod>In paragraph 12 (certain payments or transfers to be disregarded for the purposes of paragraph 11) in sub-paragraph (5) for “the relevant step treated as

<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-2-paragraph-35" class="schProv1"><num>35</num><content><mod>In paragraph 13 (meaning of “outstanding”: quasi-loans where A or B acquires a right to the payment or transfer of assets) in sub-paragraph (2)(b) for “p

<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-2-paragraph-36" class="schProv1"><num>36</num><content><mod>In paragraph 15 (meaning of “outstanding”: quasi-loans in currencies other than sterling) in sub-paragraph (3) after “relevant step” insert <quotedText>“

<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-2-paragraph-37" class="schProv1"><num>37</num><content><mod>In paragraph 18 (meaning of “outstanding”: quasi-loans made in a depreciating currency) in sub-paragraph (1)(b) after “relevant step” insert <quotedText>

<paragraph xmlns="http://docs.oasis-open.org/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="schedule-2-paragraph-38" class="schProv1"><num>38</num><content><mod>After paragraph 35 insert—<quo

<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-69"><num>69</num><heading>Recovery of DST liability</heading><subsection eId="section-69-1"><num>(1)</num><content>Any amount due by way of DST liability is recoverable as a debt due to the Crown.</content></subsec

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-69-1"><num>(1)</num><content>Any amount due by way of DST liability is recoverable as a debt due to the Crown.</content></subsection>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-69-2"><num>(2)</num><content>In this section “<term refersTo="#term-dst-liability" eId="term-dst-liability">DST liability</term>” has the same meaning as in section 66.</content></subsection>

<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-70"><num>70</num><heading>Minor and consequential amendments</heading><content>Schedule 10 contains minor and consequential amendments.</content></section>

<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-71"><num>71</num><heading>Review of DST</heading><subsection eId="section-71-1"><num>(1)</num><content>The Treasury must, before the end of 2025, conduct a review of digital services tax and prepare a report of the rev

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-71-1"><num>(1)</num><content>The Treasury must, before the end of 2025, conduct a review of digital services tax and prepare a report of the review.</content></subsection>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-71-2"><num>(2)</num><content>The Treasury must lay a copy of the report before Parliament.</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-general"><heading>General</heading><section eId="section-72"><num>72</num><heading>Interpretatio

<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-72"><num>72</num><heading>Interpretation of Part</heading><intro>In this Part—</intro><hcontainer name="definition"><content>“<term refersTo="#term-accounting-period" eId="term-accounting-period">accounting peri

<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-inheritance-tax"><heading>Inheritance ta

<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>Excluded property etc</heading><subsection eId="section-73-1"><num>(1)

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-73-1"><num>(1)</num><content>IHTA 1984 is amended as follows.</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-73-2"><num>(2)</num><intro>In section 48 (excluded property)—</intro><level class="par

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-73-2-a"><num>(a)</num><content><mod>in subsection (3)(a), for “settlement was made” substitute <quotedText>“ property became comprised in the settlement (but see also subsection (3F

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-73-2-b"><num>(b)</num><content><mod>in subsection (3A)(a), for “settlement was made” substitute <quotedText>“ property became comprised in the settlement (but see also subsection (3

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-73-2-c"><num>(c)</num><content><mod>in subsection (3E), for “settlement is made” substitute <quotedText>“ property became comprised in the settlement (but see also subsection (3F))

<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-73-2-d"><num>(d)</num><content><mod>after subsection (3E) insert—<quotedStructure

<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-73-3"><num>(3)</num><content><mod>After section 48 insert—<quotedStructure startQuote="&#x

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-73-4"><num>(4)</num><content>Omit section 60 (meaning of commencement of settlement for purposes of Chapter).</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-73-5"><num>(5)</num><intro>In section 64 (charge at ten-year anniversary)—</intro><lev

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-73-5-a"><num>(a)</num><intro>in subsection (1B)—</intro><level class="para2" eId="section-73-5-a-i"><num>(i)</num><content><mod>after “settlor of” insert <quotedText>“ pr

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para2" eId="section-73-5-a-i"><num>(i)</num><content><mod>after “settlor of” insert <quotedText>“ property comprised in ”</quotedText>,</mod></content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para2" eId="section-73-5-a-ii"><num>(ii)</num><content><mod>for “settlement was made” substitute <quotedText>“ property became comprised in the settlement (but see also subsection (1BA))

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para2" eId="section-73-5-a-iii"><num>(iii)</num><content><mod>after “income of the settlement” insert <quotedText>“ that arose (directly or indirectly) from the property ”

<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-73-5-b"><num>(b)</num><content><mod>after that subsection insert—<quotedStructure

<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-73-6"><num>(6)</num><intro>In section 65 (charge at other times)—</intro><level class=

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-73-6-a"><num>(a)</num><content><mod>in subsection (7A), for “settlement made” substitute <quotedText>“ property became comprised in settlement ”</quotedText>,<

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-73-6-b"><num>(b)</num><intro>in subsection (8)—</intro><level class="para2" eId="section-73-6-b-i"><num>(i)</num><content><mod>after “settlor of” insert <quotedText>“ pro

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para2" eId="section-73-6-b-i"><num>(i)</num><content><mod>after “settlor of” insert <quotedText>“ property comprised in ”</quotedText>,</mod></content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para2" eId="section-73-6-b-ii"><num>(ii)</num><content><mod>for “settlement was made” substitute <quotedText>“ property became comprised in the settlement (but see also subsection (8A))

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para2" eId="section-73-6-b-iii"><num>(iii)</num><content><mod>for “property comprised in the settlement” substitute <quotedText>“ the property ”</quotedText>, and</mod></p

<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-73-6-c"><num>(c)</num><content><mod>after that subsection insert—<quotedStructure

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-73-7"><num>(7)</num><intro>In section 74A (arrangements involving acquisition of interest in settled property etc)—</intro><level class="para1" eId="section-73-7-a"><num>(a)</num><content><mod>in subsection (

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-73-7-a"><num>(a)</num><content><mod>in subsection (2)(a), for “settlement was made” substitute <quotedText>“ relevant settled property became comprised in the settlement

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-73-7-b"><num>(b)</num><content><mod>in subsection (3)(a), for “settlement was made” substitute <quotedText>“ relevant settled property became comprised in the settlement

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-73-8"><num>(8)</num><content><mod>In section 157(3) (non-residents' bank accounts), for “he made” substitute <quotedText>“ the settled property became comprised in ”</quotedTex

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-73-9"><num>(9)</num><content><mod>In section 237(1)(b) (imposition of charge), for “the chargeable transfer is made by the making of a settlement or” substitute <quotedText>“ property becomes co

<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-73-10"><num>(10)</num><intro>In section 272 (general interpretation)—</intro><level cl

<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-73-10-a"><num>(a)</num><content><mod>before the definition of “conditionally exe

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-73-10-b"><num>(b)</num><content><mod>in the definition of “foreign-owned”, in paragraph (b)(ii), at the end insert <quotedText>“ (and section 64(1BA) applies for the purposes of thi

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-73-11"><num>(11)</num><content>In relation to any chargeable transfer made on or after the day on which this Act is passed, the amendments made by this section are treated as always having been in force.Secti

<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>Transfers between settlements etc</heading><subsection eId="section-74

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-74-1"><num>(1)</num><content>IHTA 1984 is amended as follows.</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-74-2"><num>(2)</num><content><mod>After section 81A insert—<quotedStructure startQuote="&#

<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-74-3"><num>(3)</num><intro>In section 82 (excluded property)—</intro><level class="par

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-74-3-a"><num>(a)</num><content>in subsection (1), omit “80 or”,</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-74-3-b"><num>(b)</num><intro>in subsection (2)—</intro><level class="para2" eId="section-74-3-b-i"><num>(i)</num><content>omit “80 or”, and</content></level><level class="para2" eId="section-74-

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para2" eId="section-74-3-b-ii"><num>(ii)</num><content><mod>for “settlement was made” substitute <quotedText>“ property became comprised in the settlement ”</quotedText>,<

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-74-3-c"><num>(c)</num><content>in subsection (3), omit paragraph (a),</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-74-3-d"><num>(d)</num><content>in subsection (4), omit paragraph (a),</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-74-3-e"><num>(e)</num><content><mod>after that subsection insert—<quotedStructure

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-74-3-f"><num>(f)</num><content><mod>in the heading, at the end insert <quotedText>“ : property to which section 81 applies (old cases) ”</quotedText>.</mod>

<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-74-4"><num>(4)</num><content><mod>After section 82 insert—<quotedStructure startQuote="&#x

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-74-5"><num>(5)</num><content>In relation to any chargeable transfer made on or after the day on which this Act is passed, the amendments made by subsections (2) and (3) are treated as always having been in force.</p

<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>Relief for payments to victims of persecution during Second World War

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-75-1"><num>(1)</num><content>IHTA 1984 is amended as follows.</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-75-2"><num>(2)</num><content><mod>In section 153ZA (inheritance tax relief for payments to

<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-75-3"><num>(3)</num><content><mod>In Schedule 5A (inheritance tax relief for payments to v

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-75-4"><num>(4)</num><content>The amendment made by subsection (3) has effect in relation to deaths occurring on or after 1 January 2019.</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-land-tax"><heading>Stamp duty

<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-76"><num>76</num><heading>Exceptional circumstances preventing disposal of interest in three yea

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-76-1"><num>(1)</num><content>In FA 2003, Schedule 4ZA (stamp duty land tax: higher rates for additional dwellings etc) is amended as follows.</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-76-2"><num>(2)</num><intro>In paragraph 3 (single dwelling transactions)—</intro><leve

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-76-2-a"><num>(a)</num><content><mod>in sub-paragraph (7)(b) for “the period of three years beginning with the day after the effective date of the transaction concerned” substitute <quotedText>“

<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-76-2-b"><num>(b)</num><content><mod>after sub-paragraph (7) insert—<quotedStructu

<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-76-3"><num>(3)</num><intro>In paragraph 8 (further provision in connection with paragraph

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-76-3-a"><num>(a)</num><content><mod>in sub-paragraph (3), after “paragraph 3(7)” insert <quotedText>“ by virtue of paragraph 3(7A)(a) ”</quotedText>;</mod>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-76-3-b"><num>(b)</num><content><mod>in sub-paragraph (4), after “paragraph 3(7)” insert <quotedText>“ by virtue of paragraph 3(7A)(a) ”</quotedText>;</mod>

<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-76-3-c"><num>(c)</num><content><mod>after sub-paragraph (4) insert—<quotedStructu

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-76-4"><num>(4)</num><content>The amendments made by this section have effect in a case where the effective date of the transaction concerned is on or after 1 January 2017.</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-and-stamp-duty-reserve-tax"><hea

<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-77"><num>77</num><heading>Stamp duty: transfers of unlisted securities and connected persons</he

<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-78"><num>78</num><heading>SDRT: unlisted securities and connected persons</heading><content><

<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-79"><num>79</num><heading>Stamp duty: acquisition of target company's share capital</heading><su

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-79-1"><num>(1)</num><content>Section 77A of FA 1986 (disqualifying arrangements) is amended as follows.</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-79-2"><num>(2)</num><content><mod>In subsection (2), after paragraph (b) insert—<quotedStr

<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-79-3"><num>(3)</num><content><mod>After that subsection insert—<quotedStructure startQuote

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-79-4"><num>(4)</num><content>In subsection (3) omit “But”.</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-79-5"><num>(5)</num><content><mod>After subsection (5) insert—<quotedStructure startQuote=

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-79-6"><num>(6)</num><content>The amendments made by this section have effect in relation to instruments executed on or after the day on which this Act is passed.</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-value-added-tax"><heading>Value added ta

<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>Call-off stock arrangements</heading><subsection eId="section-80-1"><n

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-80-1"><num>(1)</num><content>VATA 1994 is amended as follows.</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-80-2"><num>(2)</num><content><mod>After section 14 insert—<quotedStructure startQuote="&#x

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-80-3"><num>(3)</num><intro>In section 69 (breaches of regulatory provisions)—</intro><level class="para1" eId="section-80-3-a"><num>(a)</num><content><mod>in subsection (1)(a) for “or paragraph 5 of Schedule

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-80-3-a"><num>(a)</num><content><mod>in subsection (1)(a) for “or paragraph 5 of Schedule 3A” substitute <quotedText>“ , paragraph 5 of Schedule 3A or paragraph 9(1) or (2)(a) of Sch

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-80-3-b"><num>(b)</num><content><mod>in subsection (2) after “under” insert <quotedText>“ paragraph 8 or 9(2)(b) of Schedule 4B or ”</quotedText>.</mod></co

<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><mod>In Schedule 4 (matters to be treated as a supply of good

<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-80-5"><num>(5)</num><content><mod>After Schedule 4A insert—<quotedStructure startQuote="&#

<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-80-6"><num>(6)</num><content><mod>In Schedule 6 (valuation of supplies: special cases) in

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-80-7"><num>(7)</num><content>The Value Added Tax Regulations 1995 (S.I. 1995/2518) are amended as follows.</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-80-8"><num>(8)</num><intro>In regulation 21 (interpretation of Part 4)—</intro><level

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-80-8-a"><num>(a)</num><content>the existing text becomes paragraph (1), and</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-80-8-b"><num>(b)</num><content><mod>after that paragraph insert—<quotedStructure

<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-80-9"><num>(9)</num><content><mod>After regulation 22 insert—<quotedStructure startQuote="

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-80-10"><num>(10)</num><intro>In regulation 22B (EC sales statements: supplementary)—</intro><level class="para1" eId="section-80-10-a"><num>(a)</num><content><mod>in paragraph (1) for the words from “stateme

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-80-10-a"><num>(a)</num><content><mod>in paragraph (1) for the words from “statements”, in the first place it occurs, to “and” substitute <quotedText>“ more than one statement is to

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-80-10-b"><num>(b)</num><content><mod>in paragraph (2) after “22” insert <quotedText>“ , 22ZA ”</quotedText>, and</mod></content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-80-10-c"><num>(c)</num><content><mod>in paragraph (3), in the words before paragraph (a), after “22” insert <quotedText>“ , 22ZA ”</quotedText>.</mod></con

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-80-11"><num>(11)</num><content>Regulation 22ZA of the Value Added Tax Regulations 1995 (as inserted by subsection (9)) is to be treated for the purposes of sections 65 and 66 of VATA 1994 as having been made under p

<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-alcohol-liquor-duties"><heading>Alcohol

<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>Post-duty point dilution of wine or made-wine</heading><subsection eId

<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><mod>After section 55 of ALDA 1979 insert—<quotedStructure st

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-81-2"><num>(2)</num><content>The amendment made by this section has effect in relation to any addition of water or any other substance on or after 1 April 2020.</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-82"><num>82</num><heading>Rates of tobacco products

<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-82-1"><num>(1)</num><content><mod>In Schedule

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-82-2"><num>(2)</num><content>The amendment made by this section is treated as having come into force at 6pm on 11 March 2020.</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" xmlns:default1="http://www.w3.org/1998/Math/MathML" name="cro

<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-83"><num>83</num><heading>Rates for light passenger

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-83-1"><num>(1)</num><content>Schedule 1 to VERA 1994 (annual rates of vehicle excise duty) is amended as follows.</content></subsection>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-83-2"><num>(2)</num><intro>In paragraph 1 (general rate)—</intro><level class="para1" eId="section-83-2-a"><num>(a)</num><content><mod>in sub-paragraph (2) (vehicle not covered elsewhere in Schedule with engi

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-83-2-a"><num>(a)</num><content><mod>in sub-paragraph (2) (vehicle not covered elsewhere in Schedule with engine cylinder capacity exceeding 1,549cc), for “£265” substitute <quotedText>“

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-83-2-b"><num>(b)</num><content><mod>in sub-paragraph (2A) (vehicle not covered elsewhere in Schedule with engine cylinder capacity not exceeding 1,549cc), for “£160” substitute <quotedText>“

<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-83-3"><num>(3)</num><content><mod>In paragrap

<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-83-4"><num>(4)</num><content><mod>In the sentence immediately following the Table in that

<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-83-5"><num>(5)</num><content><mod>In paragrap

<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-83-6"><num>(6)</num><content><mod>In that par

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-83-7"><num>(7)</num><intro>In paragraph 1GD(1) (rates for any other licence for light passenger vehicles registered on or after 1 April 2017)—</intro><level class="para1" eId="section-83-7-a"><num>(a)</num><cont

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-83-7-a"><num>(a)</num><content><mod>in paragraph (a) (reduced rate), for “£135” substitute <quotedText>“ £140 ”</quotedText>, and</mod></content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-83-7-b"><num>(b)</num><content><mod>in paragraph (b) (standard rate), for “£145” substitute <quotedText>“ £150 ”</quotedText>.</mod></content></level>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-83-8"><num>(8)</num><intro>In paragraph 1GE(2) (rates for light passenger vehicles registered on or after 1 April 2017 with a price exceeding £40,000)—</intro><level class="para1" eId="section-83-8-a"><num>(a)</

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-83-8-a"><num>(a)</num><content><mod>in paragraph (a), for “£440” substitute <quotedText>“ £465 ”</quotedText>, and</mod></content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-83-8-b"><num>(b)</num><content><mod>in paragraph (b), for “£450” substitute <quotedText>“ £475 ”</quotedText>.</mod></content></level>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-83-9"><num>(9)</num><content><mod>In paragraph 1J(a) (rates for light goods vehicles that are not pre-2007 or post-2008 lower emission vans), for “£260” substitute <quotedText>“ £265

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-83-10"><num>(10)</num><intro>In paragraph 2(1) (rates for motorcycles)—</intro><level class="para1" eId="section-83-10-a"><num>(a)</num><content><mod>in paragraph (b) (motorbicycles with engine cylinder capac

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-83-10-a"><num>(a)</num><content><mod>in paragraph (b) (motorbicycles with engine cylinder capacity exceeding 150cc but not exceeding 400cc), for “£43” substitute <quotedText>“ £44

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-83-10-b"><num>(b)</num><content><mod>in paragraph (c) (motorbicycles with engine cylinder capacity exceeding 400cc but not exceeding 600cc), for “£66” substitute <quotedText>“ £67

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-83-10-c"><num>(c)</num><content><mod>in paragraph (d) (other cases), for “£91” substitute <quotedText>“ £93 ”</quotedText>.</mod></content></level>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-83-11"><num>(11)</num><content>The amendments made by this section have effect in relation to licences taken out on or after 1 April 2020.</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-84"><num>84</num><heading>Applicable CO2 emissions figure determined using WLTP value

<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-84-1"><num>(1)</num><intro>In Schedule 1 to VERA 1994 (annual rates of duty) in paragraph

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-84-1-a"><num>(a)</num><content>omit “and” at the end of paragraph (a),</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-84-1-b"><num>(b)</num><intro>in paragraph (b)—</intro><level class="para2" eId="section-84-1-b-i"><num>(i)</num><content><mod>after “figure” insert <quotedText>“ of a veh

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para2" eId="section-84-1-b-i"><num>(i)</num><content><mod>after “figure” insert <quotedText>“ of a vehicle first registered before 1 April 2020 ”</quotedText>,</mod></

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para2" eId="section-84-1-b-ii"><num>(ii)</num><content><mod>for “light-duty” substitute <quotedText>“ light ”</quotedText>, and</mod></content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para2" eId="section-84-1-b-iii"><num>(iii)</num><content><mod>after “EU certificate of conformity” insert <quotedText>“ or UK approval certificate ”</quotedText>, and</mod

<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-84-1-c"><num>(c)</num><content><mod>at the end of paragraph (b) insert<quotedText

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-84-2"><num>(2)</num><content>The amendments made by this section have effect in relation to licences taken out on or after 1 April 2020.</content></subsection>

<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-85"><num>85</num><heading>Electric vehicles: extension of exemption</heading><subsection eId="section-85-1"><num>(1)</num><content>VERA 1994 is amended as follows.</content></subsection><subsection eId="section-85-

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-85-1"><num>(1)</num><content>VERA 1994 is amended as follows.</content></subsection>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-85-2"><num>(2)</num><content>In paragraph 25 of Schedule 2 (exempt vehicles: light passenger vehicles with low CO2 emissions) omit sub-paragraphs (5) and (6) (no exemption if vehicle price exceeds £40,000

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-85-3"><num>(3)</num><content>As a consequence, Part 1AA of Schedule 1 (annual rates of duty: light passenger vehicles registered on or after 1 April 2017) is amended as follows.</content></subsection>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-85-4"><num>(4)</num><intro>In paragraph 1GB (exemption from paying duty on first vehicle licence for certain vehicles)—</intro><level class="para1" eId="section-85-4-a"><num>(a)</num><content>in sub-paragraph

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-85-4-a"><num>(a)</num><content>in sub-paragraph (1) omit “(2) or”, and</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-85-4-b"><num>(b)</num><content>omit sub-paragraph (2).</content></level>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-85-5"><num>(5)</num><content>In paragraph 1GD (rates of duty payable on any other vehicle licence for vehicle), in sub-paragraph (2) omit “or (4)”.</content></subsection>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-85-6"><num>(6)</num><intro>In paragraph 1GE (higher rates of duty: vehicles with a price exceeding £40,000)—</intro><level class="para1" eId="section-85-6-a"><num>(a)</num><content>omit sub-paragraphs (3) and

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-85-6-a"><num>(a)</num><content>omit sub-paragraphs (3) and (4), and</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-85-6-b"><num>(b)</num><content><mod>in sub-paragraph (5) for “sub-paragraphs (2) and (4) do” substitute <quotedText>“ Sub-paragraph (2) does ”</quotedText>.</m

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-85-7"><num>(7)</num><content>In paragraph 1GF (calculating the price of a vehicle), in sub-paragraph (1) omit “and (3)(a)”.</content></subsection>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-85-8"><num>(8)</num><content>The amendments made by this section come into force on 1 April 2020 but do not apply in relation to licences in force immediately before that date.</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-86"><num>86</num><heading>Motor caravans</heading><subsection eId="section-86-1"><num>(1)</num><

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-86-1"><num>(1)</num><content>In VERA 1994, in Part 1AA of Schedule 1 (annual rates of duty: light passenger vehicles registered on or after 1 April 2017), paragraph 1GA is amended as follows.</content></subsecti

<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-86-2"><num>(2)</num><content><mod>After sub-paragraph (1) insert—<quotedStructure startQuo

<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-86-3"><num>(3)</num><content><mod>After sub-paragraph (2) insert—<quotedStructure startQuo

<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-87"><num>87</num><heading>Exemption in respect of medical courier vehicles</heading><subsection

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-87-1"><num>(1)</num><content>Schedule 2 to VERA 1994 (exempt vehicles) is amended as follows.</content></subsection>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-87-2"><num>(2)</num><content><mod>In the heading before paragraph 6, after “Ambulances” insert <quotedText>“ , medical courier vehicles ”</quotedText>.</mod></content></sub

<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><mod>After paragraph 6 insert—<quotedStructure startQuote="&#

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-87-4"><num>(4)</num><content>The amendments made by this section come into force on 1 April 2020.</content></subsection>

<section 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="section-88"><num>88</num><heading>HGV road user levy <ins class="first last" ukl:ChangeId="key-e952b28b0

<subsection 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="section-88-1"><num>(1)</num><content> <ins class="first last" ukl:ChangeId="key-de09263df67545ba79

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-88-2"><num>(2)</num><content>Section 6(2) of the 2013 Act (HGV road user levy charged in respect of non-UK heavy goods vehicle for each day on which the vehicle is used or kept on a road to which the Act applies) do

<subsection 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="section-88-3"><num>(3)</num><content> <ins class="first" ukl:ChangeId="key-f30004a1f5015265107ed5c

<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-88-4"><num>(4)</num><content><mod>Section 7 of the 2013 Act (rebate of levy) has effect as

<section 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="section-88A"><num><ins class="first" ukl:ChangeId="ke

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="section-88A-1"><num><ins ukl:ChangeId="key-ea88dfbc99bc866b1d471baa76eedd3d-1696858481791" ukl:CommentaryRef="key-ea88dfbc99bc866b1d471baa76eedd3d">(1)</ins></nu

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<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" class="para1" eId="section-88A-1-b"><num><ins ukl:ChangeId="key-ea88dfbc99bc866b1d471baa76eedd3d-1696858481791" ukl:CommentaryRef="key-ea88dfbc99bc866b1d471baa76eedd3d">(b

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="section-88A-2"><num><ins ukl:ChangeId="key-ea88dfbc99bc866b1d471baa76eedd3d-1696858481791" ukl:CommentaryRef="key-ea88dfbc99bc866b1d471baa76eedd3d">(2)</ins></nu

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" class="para1" eId="section-88A-2-a"><num><ins ukl:ChangeId="key-ea88dfbc99bc866b1d471baa76eedd3d-1696858481791" ukl:CommentaryRef="key-ea88dfbc99bc866b1d471baa76eedd3d">(a

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" class="para1" eId="section-88A-2-b"><num><ins ukl:ChangeId="key-ea88dfbc99bc866b1d471baa76eedd3d-1696858481791" ukl:CommentaryRef="key-ea88dfbc99bc866b1d471baa76eedd3d">(b

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="section-88A-3"><num><ins ukl:ChangeId="key-ea88dfbc99bc866b1d471baa76eedd3d-1696858481791" ukl:CommentaryRef="key-ea88dfbc99bc866b1d471baa76eedd3d">(3)</ins></nu

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="section-88A-4"><num><ins ukl:ChangeId="key-ea88dfbc99bc866b1d471baa76eedd3d-1696858481791" ukl:CommentaryRef="key-ea88dfbc99bc866b1d471baa76eedd3d">(4)</ins></nu

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" class="para1" eId="section-88A-4-a"><num><ins ukl:ChangeId="key-ea88dfbc99bc866b1d471baa76eedd3d-1696858481791" ukl:CommentaryRef="key-ea88dfbc99bc866b1d471baa76eedd3d">(a

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" class="para1" eId="section-88A-4-b"><num><ins ukl:ChangeId="key-ea88dfbc99bc866b1d471baa76eedd3d-1696858481791" ukl:CommentaryRef="key-ea88dfbc99bc866b1d471baa76eedd3d">(b

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" class="para2" eId="section-88A-4-b-ii"><num><ins ukl:ChangeId="key-ea88dfbc99bc866b1d471baa76eedd3d-1696858481791" ukl:CommentaryRef="key-ea88dfbc99bc866b1d471baa76eedd3d"

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="section-88A-5"><num><ins ukl:ChangeId="key-ea88dfbc99bc866b1d471baa76eedd3d-1696858481791" ukl:CommentaryRef="key-ea88dfbc99bc866b1d471baa76eedd3d">(5)</ins></nu

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="section-88A-6"><num><ins ukl:ChangeId="key-ea88dfbc99bc866b1d471baa76eedd3d-1696858481791" ukl:CommentaryRef="key-ea88dfbc99bc866b1d471baa76eedd3d">(6)</ins></nu

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="section-88A-7"><num><ins ukl:ChangeId="key-ea88dfbc99bc866b1d471baa76eedd3d-1696858481791" ukl:CommentaryRef="key-ea88dfbc99bc866b1d471baa76eedd3d">(7)</ins></nu

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" class="para1" eId="section-88A-7-a"><num><ins ukl:ChangeId="key-ea88dfbc99bc866b1d471baa76eedd3d-1696858481791" ukl:CommentaryRef="key-ea88dfbc99bc866b1d471baa76eedd3d">(a

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" class="para1" eId="section-88A-7-b"><num><ins ukl:ChangeId="key-ea88dfbc99bc866b1d471baa76eedd3d-1696858481791" ukl:CommentaryRef="key-ea88dfbc99bc866b1d471baa76eedd3d">(b

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" class="para1" eId="section-88A-7-c"><num><ins ukl:ChangeId="key-ea88dfbc99bc866b1d471baa76eedd3d-1696858481791" ukl:CommentaryRef="key-ea88dfbc99bc866b1d471baa76eedd3d">(c

<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/1998/Math/MathML" eId="section-88A-8"><num><ins ukl:ChangeId="key-ea88dfbc99bc866b1d471baa76eedd3d-1696858481791" ukl:CommentaryRef="

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="section-88A-9"><num><ins ukl:ChangeId="key-ea88dfbc99bc866b1d471baa76eedd3d-1696858481791" ukl:CommentaryRef="key-ea88dfbc99bc866b1d471baa76eedd3d">(9)</ins></nu

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" class="para1" eId="section-88A-9-a"><num><ins ukl:ChangeId="key-ea88dfbc99bc866b1d471baa76eedd3d-1696858481791" ukl:CommentaryRef="key-ea88dfbc99bc866b1d471baa76eedd3d">(a

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" class="para2" eId="section-88A-9-a-ii"><num><ins ukl:ChangeId="key-ea88dfbc99bc866b1d471baa76eedd3d-1696858481791" ukl:CommentaryRef="key-ea88dfbc99bc866b1d471baa76eedd3d"

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" class="para1" eId="section-88A-9-b"><num><ins ukl:ChangeId="key-ea88dfbc99bc866b1d471baa76eedd3d-1696858481791" ukl:CommentaryRef="key-ea88dfbc99bc866b1d471baa76eedd3d">(b

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="section-88A-10"><num><ins ukl:ChangeId="key-ea88dfbc99bc866b1d471baa76eedd3d-1696858481791" ukl:CommentaryRef="key-ea88dfbc99bc866b1d471baa76eedd3d">(10)</ins></

<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-hydrocarbon-oil-duties"><heading>Hydrocarbon oil duties</heading><section eId="section-89"><num>

<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-89"><num>89</num><heading>Rebated fuel: private pleasure craft</heading><content>Schedule 11 makes provision about the use of rebated fuel in private pleasure craft.</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-3-crossheading-air-passenger-duty"><heading>Air passenger duty</heading><section eId="section-90"><num>90</num>

<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-90"><num>90</num><heading>Rates of air passenger duty from 1 April 2021</heading><subsection eId="section-90-1"><num>(1)</num><intro>In section 30(4A) of FA 1994 (air passenger duty: long haul rates)—</intro><level

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-90-1"><num>(1)</num><intro>In section 30(4A) of FA 1994 (air passenger duty: long haul rates)—</intro><level class="para1" eId="section-90-1-a"><num>(a)</num><content><mod>in paragraph (a), for “£80” substit

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-90-1-a"><num>(a)</num><content><mod>in paragraph (a), for “£80” substitute <quotedText>“ £82 ”</quotedText>, and</mod></content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-90-1-b"><num>(b)</num><content><mod>in paragraph (b), for “£176” substitute <quotedText>“ £180 ”</quotedText>.</mod></content></level>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-90-2"><num>(2)</num><content>The amendments made by this section have effect in relation to the carriage of passengers beginning on or after 1 April 2021.</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>Amounts of gross gaming y

<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><mod>In section

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-91-2"><num>(2)</num><content>The amendment made by this section has effect in relation to accounting periods beginning on or after 1 April 2020.</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-92"><num>92</num><heading>Rates of climate change l

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-92-1"><num>(1)</num><content>Paragraph 42 of Schedule 6 to FA 2000 (climate change levy: amount payable by way of levy) is amended as follows.</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-92-2"><num>(2)</num><content><mod>In sub-para

<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-92-3"><num>(3)</num><intro>In sub-paragraph (1)—</intro><level class="para1" eId="sect

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-92-3-a"><num>(a)</num><content><mod>in paragraph (ba) (reduced-rate supplies of electricity), for “7” substitute <quotedText>“ 8 ”</quotedText>,</mod></con

<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-92-3-b"><num>(b)</num><content><mod>after that paragraph insert—<quotedStructure

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-92-3-c"><num>(c)</num><content><mod>in paragraph (c) (other reduced-rate supplies), for “22” substitute <quotedText>“ 19 ”</quotedText>.</mod></content></l

<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-92-4"><num>(4)</num><content><mod>In consequence of the amendment made by subsection (3),

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-92-5"><num>(5)</num><content>The amendments made by this section have effect in relation to supplies treated as taking place on or after 1 April 2020.</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>Rates of climate change l

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-93-1"><num>(1)</num><content>Paragraph 42 of Schedule 6 to FA 2000 (climate change levy: amount payable by way of levy) is amended as follows.</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><mod>In sub-para

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-93-3"><num>(3)</num><content><mod>In sub-paragraph (1)(c), as amended by section 92(3)(c), for “19” substitute <quotedText>“ 17 ”</quotedText>.</mod></content></subsection>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-93-4"><num>(4)</num><content><mod>In consequence of the amendment made by subsection (3), in the definition of “r” in the Notes to paragraph 2 of Schedule 1 to the Climate Change Levy (General) Regulations 2001, as

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-93-5"><num>(5)</num><content>The amendments made by this section have effect in relation to supplies treated as taking place on or after 1 April 2021.</content></subsection>

<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-94"><num>94</num><heading>Rates of landfill tax</heading><subsection eId="section-94-1"><num>(1)</num><content>Section 42 of FA 1996 (amount of landfill tax) is amended as follows.</content></subsection><subsection

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-94-1"><num>(1)</num><content>Section 42 of FA 1996 (amount of landfill tax) is amended as follows.</content></subsection>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-94-2"><num>(2)</num><content><mod>In subsection (1)(a) (standard rate), for “£91.35” substitute <quotedText>“ £94.15 ”</quotedText>.</mod></content></subsection>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-94-3"><num>(3)</num><intro>In subsection (2) (reduced rate for certain disposals), in the words after paragraph (b)—</intro><level class="para1" eId="section-94-3-a"><num>(a)</num><content><mod>for “£91.35”

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-94-3-a"><num>(a)</num><content><mod>for “£91.35” substitute <quotedText>“ £94.15 ”</quotedText>, and</mod></content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-94-3-b"><num>(b)</num><content><mod>for “£2.90” substitute <quotedText>“ £3 ”</quotedText>.</mod></content></level>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-94-4"><num>(4)</num><content>The amendments made by this section have effect in relation to disposals made (or treated as made) on or after 1 April 2020.</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-95"><num><noteRef href="#key-2af8dab5535634073bed5634333d04c3" uk:name="commentary" ukl:Name="Co

<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-96"><num>96</num><heading>Charge for allocating allowances under emissions reduction trading scheme</heading><subsection eId="section-96-1"><num>(1)</num><content>The Treasury may impose charges by providing in regulat

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-96-1"><num>(1)</num><content>The Treasury may impose charges by providing in regulations for emissions allowances to be allocated in return for payment.</content></subsection>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-96-2"><num>(2)</num><intro>Regulations under subsection (1) may in particular include provision—</intro><level class="para1" eId="section-96-2-a"><num>(a)</num><content>for persons other than persons to whom

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-96-2-a"><num>(a)</num><content>for persons other than persons to whom a trading scheme applies to be allocated emissions allowances in return for payment;</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-96-2-b"><num>(b)</num><content>as to the imposition of fees and the making and forfeiting of deposits;</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-96-2-c"><num>(c)</num><content>as to the person by whom allocations in return for payment are to be conducted;</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-96-2-d"><num>(d)</num><content>for allocations in return for payment to be overseen by an independent person appointed by the Treasury;</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-96-2-e"><num>(e)</num><content>for the imposition of penalties for failure to comply with the terms of the regulations or of a scheme under subsection (3);</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-96-2-f"><num>(f)</num><content>for the imposition of interest in respect of any charges, fees or penalties due under the regulations;</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-96-2-g"><num>(g)</num><content>for and in connection with the recovery of any charges, fees, penalties or interest due under the regulations;</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-96-2-h"><num>(h)</num><content>conferring rights of appeal against decisions made in allocations in return for payment, the forfeiting of deposits and the imposition of penalties (including specifying the p

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-96-3"><num>(3)</num><content>The Treasury may make schemes about the conduct and terms of allocations of emissions allowances in return for payment (the schemes having effect subject to any regulations under this se

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-96-4"><num>(4)</num><intro>Schemes under subsection (3) may in particular include provision about—</intro><level class="para1" eId="section-96-4-a"><num>(a)</num><content>who may participate in allocations in

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-96-4-a"><num>(a)</num><content>who may participate in allocations in return for payment,</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-96-4-b"><num>(b)</num><content>the allowances to be allocated in return for payment, and</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-96-4-c"><num>(c)</num><content>where and when allocations in return for payment are to take place.</content></level>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-96-5"><num>(5)</num><content>Regulations under this section are to be made by statutory instrument.</content></subsection>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-96-6"><num>(6)</num><content>A statutory instrument containing the first regulations under this section may not be made unless a draft of the instrument has been laid before, and approved by a resolution of, the Hou

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-96-7"><num>(7)</num><content>Any other statutory instrument containing regulations under this section is subject to annulment in pursuance of a resolution of the House of Commons (unless a draft of the instrument ha

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-96-8"><num>(8)</num><intro>In this section—</intro><hcontainer name="definition"><content>“<term refersTo="#term-emissions-allowance" eId="term-emissions-allowance">emissions allowance</term>” means an allowa

<hcontainer xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" name="definition"><content>“<term refersTo="#term-relevant-information" eId="term-relevant-information">relevant information</term>” means information of a kind specified under section 54(2);</content></hcontainer>

<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-5-paragraph-1" class="schProv1"><num>1</num><content>CAA 2001 is amended as follows.</content></paragraph>

<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-5-paragraph-4" class="schProv1"><num>4</num><content><mod>In section 270AA(2) (entitlement to structures and buildings allowances), at the beginning of paragraph (b)(i) insert <quotedText>“ on or

<paragraph xmlns="http://docs.oasis-open.org/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="schedule-6-paragraph-8" class="schProv1"><num>8</num><intro>In regulation 6A of the Loan Relationsh

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="schedule-6-paragraph-8-a"><num>(a)</num><content>in paragraph (5)(b), after “fair value” insert “(but see paragraph (6))”, and</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="schedule-6-paragraph-8-b"><num>(b)</num><content><mod>at the end insert—<quotedStructure

<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-5-paragraph-5" class="schProv1"><num>5</num><content><mod>In section 270BB (capital expenditure incurred on construction), in subsection (2)(a), for “qualifying use” substitute <quotedText>“ non-res

<paragraph xmlns="http://docs.oasis-open.org/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="schedule-6-paragraph-9" class="schProv1"><num>9</num><content><mod>In paragraph 44 of Schedule 5 to

<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-5-paragraph-6" class="schProv1"><num>6</num><content><mod>In section 270BL (apportionment of sums partly referable to non-qualifying assets), for “qualifying expenditure” substitute <quotedText>“ ex

<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-5-paragraph-7" class="schProv1"><num>7</num><content>In section 270IA (evidence of qualifying expenditure etc), in subsection (4)(a), omit “written”.</content></paragraph>

<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-import-duty"><heading>Import duty</heading><section eId="section-97"><num>97</num><heading>Inter

<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-97"><num>97</num><heading>International trade disputes</heading><content><mod>In section 15(1)(b) of TCTA 2018 (import duty: international disputes etc), for “is authorised under international law” substitute <quotedT

<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-4"><num>PART 4</num><heading>Miscellaneous and fin

<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-4-crossheading-insolvency"><heading>Insolvency</hea

<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-98"><num>98</num><heading>HMRC debts: priority on insolvency</heading><subsection eId="section-9

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-98-1"><num>(1)</num><intro>In section 386 of the Insolvency Act 1986 (preferential debts)—</intro><level class="para1" eId="section-98-1-a"><num>(a)</num><content><mod>in subsection (1) after “other deposits

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-98-1-a"><num>(a)</num><content><mod>in subsection (1) after “other deposits” insert <quotedText>“ ; certain HMRC debts ”</quotedText>;</mod></content></lev

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-98-1-b"><num>(b)</num><content><mod>in subsection (1B) for “or 15BB” substitute <quotedText>“ , 15BB or 15D ”</quotedText>.</mod></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-98-2"><num>(2)</num><content><mod>In Schedule 6 to that Act (preferential debts) after par

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-98-3"><num>(3)</num><content><mod>In section 129(2) of the Bankruptcy (Scotland) Act 2016 (asp 21) (priority in distribution: meaning of certain expressions) in the definition of “secondary preferred debt” for “pa

<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-98-4"><num>(4)</num><content><mod>In Part 1 of Schedule 3 to that Act (list of preferred d

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-98-5"><num>(5)</num><intro>In Article 346 of the Insolvency (Northern Ireland) Order 1989 (S.I. 1989/2405 (N.I. 19)) (preferential debts)—</intro><level class="para1" eId="section-98-5-a"><num>(a)</num><content>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-98-5-a"><num>(a)</num><content><mod>in paragraph (1) after “other deposits” insert <quotedText>“ ; certain HMRC debts ”</quotedText>;</mod></content></leve

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-98-5-b"><num>(b)</num><content><mod>in paragraph (1B) for “or 20” substitute <quotedText>“ , 20 or 22 ”</quotedText>.</mod></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-98-6"><num>(6)</num><content><mod>In Schedule 4 to that Order (preferential debts) after p

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-98-7"><num>(7)</num><content>The amendments made by this section do not apply in relation to any case where the relevant date is before 1 December 2020.</content></subsection>

<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-99"><num>99</num><heading>HMRC debts: regulations</heading><subsection eId="section-99-1"><num>(1)</num><intro>The Treasury may by regulations provide that only the following amounts are secondary preferential debts (o

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-99-1"><num>(1)</num><intro>The Treasury may by regulations provide that only the following amounts are secondary preferential debts (or, in relation to Scotland, secondary preferred debts) for the purpose of a relev

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-99-1-a"><num>(a)</num><content>in the case of amounts owed in respect of value added tax, amounts referable to such period as is specified in the regulations;</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-99-1-b"><num>(b)</num><content>in the case of amounts owed in respect of a relevant deduction, amounts owed in respect of a deduction from a payment made during such period as is specified in the regulation

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-99-2"><num>(2)</num><intro>In subsection (1) “<term refersTo="#term-relevant-provision" eId="term-relevant-provision">relevant provision</term>” means—</intro><level class="para1" eId="section-99-2-a"><num>(a)<

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-99-2-a"><num>(a)</num><content>paragraph 15D(1) of Schedule 6 to the Insolvency Act 1986 (preferential debts: certain HMRC debts);</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>paragraph 8A(1) of Schedule 3 to the Bankruptcy (Scotland) Act 2016 (asp 21) (list of preferred debts: certain HMRC debts);</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-99-2-c"><num>(c)</num><content>paragraph 22(1) of Schedule 4 to the Insolvency (Northern Ireland) Order 1989 (S.I. 1989/2405 (N.I. 19)) (preferential debts: certain HMRC debts).</content></level>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-99-3"><num>(3)</num><intro>The Treasury may by regulations specify kinds of deductions for the purposes of—</intro><level class="para1" eId="section-99-3-a"><num>(a)</num><content>paragraph 15D(3)(c) of Sched

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-99-3-a"><num>(a)</num><content>paragraph 15D(3)(c) of Schedule 6 to the Insolvency Act 1986;</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>paragraph 8A(3)(c) of Schedule 3 to the Bankruptcy (Scotland) Act 2016 (asp 21);</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-99-3-c"><num>(c)</num><content>paragraph 22(3)(c) of Schedule 4 to the Insolvency (Northern Ireland) Order 1989 (S.I. 1989/2405 (N.I. 19)).</content></level>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-99-4"><num>(4)</num><content>Regulations under this section may contain transitional or supplementary provision.</content></subsection>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-99-5"><num>(5)</num><intro>Regulations under this section—</intro><level class="para1" eId="section-99-5-a"><num>(a)</num><content>are to be made by statutory instrument;</content></level><level class="pa

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-99-5-a"><num>(a)</num><content>are to be made by statutory instrument;</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>are subject to annulment in pursuance of a resolution of the House of Commons.</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-joint-and-several-liability"><heading>Joint and several liability</heading><section eId="section

<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-100"><num>100</num><heading>Joint and several liability of company directors etc</heading><subsection eId="section-100-1"><num>(1)</num><content>Schedule 13 makes provision for individuals to be jointly and severally l

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-100-1"><num>(1)</num><content>Schedule 13 makes provision for individuals to be jointly and severally liable, in certain circumstances involving insolvency or potential insolvency, for amounts payable to the Commiss

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-100-2"><num>(2)</num><intro>A reference in Schedule 13 to a tax liability of a company does not include—</intro><level class="para1" eId="section-100-2-a"><num>(a)</num><content>any tax liability that relates

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-100-2-a"><num>(a)</num><content>any tax liability that relates to a period ending before the day on which this Act is passed;</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-100-2-b"><num>(b)</num><content>any tax liability (other than one that relates to a period) arising from an event or default occurring before that day.</content></level>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-100-3"><num>(3)</num><intro>For the purposes of subsection (2), a tax liability relates to a period if—</intro><level class="para1" eId="section-100-3-a"><num>(a)</num><content>the liability arises in respect

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-100-3-a"><num>(a)</num><content>the liability arises in respect of a particular tax year, accounting period or other period, or</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-100-3-b"><num>(b)</num><content>the amount of the liability is calculated by reference to a particular period.</content></level>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-100-4"><num>(4)</num><content>A reference in paragraph 5 of Schedule 13 to a penalty does not include any penalty in respect of which the determination to impose the penalty, or (as the case may be) the commencement

<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-antiabuse-rule"><heading>General anti-abuse rule</heading><section eId="section-101"><nu

<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-101"><num>101</num><heading>Amendments relating to the operation of the GAAR</heading><intro>Schedule 14 makes—</intro><level class="para1" eId="section-101-a"><num>(a)</num><content>provision about the procedur

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-101-a"><num>(a)</num><content>provision about the procedural requirements and time limits for the making of adjustments by virtue of section 209 of FA 2013, and</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-101-b"><num>(b)</num><content>provision amending paragraph 5 of Schedule 43C to that Act.</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-4-crossheading-compensation-schemes-etc"><heading>Compe

<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-102"><num>102</num><heading>Tax relief for scheme payments etc</heading><intro>Schedule 15 ma

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-102-a"><num>(a)</num><content>payments made under or otherwise referable to the Windrush Compensation Scheme,</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-102-b"><num>(b)</num><content>payments under the Troubles Permanent Disablement P

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-102-c"><num>(c)</num><content>other compensation payments made by or on behalf of a government, public authority or local authority.</content></level>

<level 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" class="para1" eId="section-102-ba"><num><ins class="first" ukl:ChangeId="key-e67894ee3ac4c27dffaeeb7b3ad39a24-1

<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-4-crossheading-administration"><heading>Administration<

<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-103"><num>103</num><heading>HMRC: exercise of officer functions</heading><subsection eId="section-103-1"><num>(1)</num><content>Anything capable of being done by an officer of Revenue and Customs by virtue of a functio

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-103-1"><num>(1)</num><content>Anything capable of being done by an officer of Revenue and Customs by virtue of a function conferred by or under an enactment relating to taxation may be done by HMRC (whether by means

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-103-2"><num>(2)</num><content>Accordingly, it follows that HMRC may (among other things)—</content></subsection>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-103-a"><num>(a)</num><content>give a notice under section 8, 8A or 12AA of TMA 1970 (notice to file personal, trustee or partnership return);</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-103-b"><num>(b)</num><content>amend a return under section 9ZB of that Act (correction of personal or trustee return);</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-103-c"><num>(c)</num><content>make an assessment to tax in accordance with section 30A of that Act (assessing procedure);</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-103-d"><num>(d)</num><content>make a determination under section 100 of that Act (determination of penalties);</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-103-e"><num>(e)</num><content>give a notice under paragraph 3 of Schedule 18 to FA 1998 (notice to file company tax return);</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-103-f"><num>(f)</num><content>make a determination under paragraph 2 or 3 of Schedule 14 to FA 2003 (SDLT: determination of penalties).</content></level>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-103-3"><num>(3)</num><content>Anything done by HMRC in accordance with subsection (1) has the same effect as it would have if done by an officer of Revenue and Customs (or, where the function is conferred on an offi

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-103-4"><num>(4)</num><intro>In this section—</intro><hcontainer name="definition"><content>“<term refersTo="#term-hmrc" eId="term-hmrc">HMRC</term>” means Her Majesty's Revenue and Customs;</content></hco

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-103-5"><num>(5)</num><content>This section is treated as always having been in force.</content></subsection>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-103-6"><num>(6)</num><intro>However, this section does not apply in relation to anything mentioned in subsection (1) done by HMRC if—</intro><level class="para1" eId="section-103-6-a"><num>(a)</num><content>b

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-103-6-a"><num>(a)</num><content>before 11 March 2020, a court or tribunal determined that the relevant act was of no effect because it was not done by an officer of Revenue and Customs (or an officer of a p

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-103-6-b"><num>(b)</num><content>at the beginning of 11 March 2020, the order of the court or tribunal giving effect to that determination had not been set aside or overturned on appeal.</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-104"><num>104</num><heading>Returns relating to LLP not carrying on business etc with view to pr

<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-104-1"><num>(1)</num><content><mod>In TMA 1970 after section 12ABZA insert—<quotedStructur

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-104-2"><num>(2)</num><content>The amendment made by subsection (1) is treated as always having been in force.</content></subsection>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-104-3"><num>(3)</num><intro>However, that amendment does not apply in relation to a purported partnership return if—</intro><level class="para1" eId="section-104-3-a"><num>(a)</num><content>before 11 March 20

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-104-3-a"><num>(a)</num><content>before 11 March 2020, a court or tribunal determined, in proceedings to which a limited liability partnership was a party, that the purported partnership return was not a ret

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-104-3-b"><num>(b)</num><content>at the beginning of 11 March 2020, the order of the court or tribunal giving effect to that determination had not been set aside or overturned on appeal.</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-104-4"><num>(4)</num><content><mod>In Part 1 of Schedule 14 to F(No.2)A 2017 (digital repo

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-104-5"><num>(5)</num><content>The reference in section 61(6) of F(No.2)A 2017 (commencement) to Schedule 14 to that Act is to be read as a reference to that Schedule as amended by subsection (4) of this 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-105"><num>105</num><heading>Interest on unpaid tax in case of disaster etc of national significa

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-105-1"><num>(1)</num><content>Section 135 of FA 2008 (interest on unpaid tax in case of disaster etc of national significance) is amended as follows.</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-105-2"><num>(2)</num><content><mod>In subsection (2), for the words from “arising” to the

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-105-3"><num>(3)</num><intro>In subsection (4)—</intro><level class="para1" eId="section-105-3-a"><num>(a)</num><content><mod>after “relief period” insert <quotedText>“ , in relation t

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-105-3-a"><num>(a)</num><content><mod>after “relief period” insert <quotedText>“ , in relation to a deferred amount, ”</quotedText>;</mod></content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-105-3-b"><num>(b)</num><content><mod>in paragraph (b), after “revoked” insert <quotedText>“ or amended so that it ceases to have effect in relation to the deferred amount

<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><intro>In subsection (10)—</intro><level class="para1" eId="secti

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-105-4-a"><num>(a)</num><content>at the end of paragraph (a), omit “and”;</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-105-4-b"><num>(b)</num><content><mod>at the end of paragraph (b) insert<quotedTex

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-105-5"><num>(5)</num><content>The amendments made by this section have effect from 20 March 2020.</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-4-crossheading-coronavirus"><heading>Coronavirus</h

<section 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="section-106"><num>106</num><heading>Taxation of coronavirus support payments</heading><subsection eId="s

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-106-1"><num>(1)</num><content>Schedule 16 makes provision about the taxation of coronavirus support payments.</content></subsection>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-106-2"><num>(2)</num><intro>In this section, and in that Schedule, “<term refersTo="#term-coronavirus-support-payment" eId="term-coronavirus-support-payment">coronavirus support payment</term>” means a payment made

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-106-2-a"><num>(a)</num><content>the coronavirus job retention scheme;</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-106-2-b"><num>(b)</num><content>the self-employment income support scheme;</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-106-2-c"><num>(c)</num><content>any other scheme that is the subject of a direction given under section 76 of the Coronavirus Act 2020 (functions of Her Majesty's Revenue and Customs in relation to coronavi

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-106-2-d"><num>(d)</num><content>the coronavirus statutory sick pay rebate scheme;</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-106-2-e"><num>(e)</num><content>a coronavirus business support grant scheme;</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-106-2-f"><num>(f)</num><content>any scheme specified or described in regulations made under this section by the Treasury.</content></level>

<subsection 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="section-106-3"><num>(3)</num><content>The Treasury may by regulations make provision about <ins cl

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-106-4"><num>(4)</num><content>Regulations under this section may make provision about coronavirus support payments made before (as well as after) the making of the regulations.</content></subsection>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="section-106-5"><num>(5)</num><content>In this section, and in that Schedule—<blockList class="unordered none" ukl:Name="UnorderedList" ukl:Decoration="non

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-106-6"><num>(6)</num><intro>Examples of coronavirus business support grant schemes as at 24 June 2020 include—</intro><level class="para1" eId="section-106-6-a"><num>(a)</num><content>the small business grant

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-106-6-a"><num>(a)</num><content>the small business grant fund that is the subject of the guidance about that scheme and the retail, hospitality and leisure grant fund published by the Department for Busines

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-106-6-b"><num>(b)</num><content>the retail, hospitality and leisure grant fund that is the subject of that guidance;</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-106-6-c"><num>(c)</num><content>the local authority discretionary grants fund that is the subject of the guidance about that scheme published by the Department for Business, Energy & Industrial Strategy

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-106-6-d"><num>(d)</num><content>the schemes corresponding to the small business grant fund, retail and hospitality grant fund and local authority discretionary grants fund in Scotland, Wales and Northern Ir

<section 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="section-107"><num><ins class="substitution first" ukl:ChangeId="key-3c865df2bc0767f67430939d54044b48-163

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="section-107-1"><num><ins class="substitution" ukl:ChangeId="key-3c865df2bc0767f67430939d54044b48-1637772872214" ukl:CommentaryRef="key-3c865df2bc0767f67430939d54

<subsection 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="section-107-2"><num><ins class="substitution" ukl:ChangeId="key-3c865df2bc0767f67430939d54044b48-1637

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" class="para1" eId="section-107-2-a"><num><ins class="substitution" ukl:ChangeId="key-3c865df2bc0767f67430939d54044b48-1637772872214" ukl:CommentaryRef="key-3c865df2bc0767f

<level 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" class="para1" eId="section-107-2-b"><num><ins class="substitution" ukl:ChangeId="key-3c865df2bc0767f67430939d54

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="section-107-3"><num><ins class="substitution" ukl:ChangeId="key-3c865df2bc0767f67430939d54044b48-1637772872214" ukl:CommentaryRef="key-3c865df2bc0767f67430939d54

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="section-107-4"><num><ins class="substitution" ukl:ChangeId="key-3c865df2bc0767f67430939d54044b48-1637772872214" ukl:CommentaryRef="key-3c865df2bc0767f67430939d54

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="section-107-5"><num><ins class="substitution" ukl:ChangeId="key-3c865df2bc0767f67430939d54044b48-1637772872214" ukl:CommentaryRef="key-3c865df2bc0767f67430939d54

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" class="para1" eId="section-107-5-a"><num><ins class="substitution" ukl:ChangeId="key-3c865df2bc0767f67430939d54044b48-1637772872214" ukl:CommentaryRef="key-3c865df2bc0767f

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" class="para1" eId="section-107-5-b"><num><ins class="substitution" ukl:ChangeId="key-3c865df2bc0767f67430939d54044b48-1637772872214" ukl:CommentaryRef="key-3c865df2bc0767f

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-107-6"><num>(6)</num><content>The Treasury may by regulations made in the tax year 2020-21 amend subsection <ref href="#section-107-5-b">(5)(b)</ref> by replacing “2021” with “2022”.</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-108"><num>108</num><heading>Protected pension age of members re-employed as a result of coronavi

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-108-1"><num>(1)</num><content>In FA 2004, in Schedule 36 (pension schemes etc), paragraph 22 (rights to take benefit before normal minimum pension age) is amended as follows.</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-108-2"><num>(2)</num><content><mod>In sub-paragraph (7F), at the end of paragraph (b) inse

<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-108-3"><num>(3)</num><content><mod>After sub-paragraph (7J) insert—<quotedStructure startQ

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-108-4"><num>(4)</num><content>The amendments made by this section are treated as having come into force on 1 March 2020.</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-109"><num>109</num><heading>Modifications of the statutory residence test in connection with cor

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-109-1"><num>(1)</num><intro>This section applies for the purposes of determining—</intro><level class="para1" eId="section-109-1-a"><num>(a)</num><content>whether an individual was or was not resident in the

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-109-1-a"><num>(a)</num><content>whether an individual was or was not resident in the United Kingdom for the tax year 2019-20 for the purposes of relevant tax, and</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-109-1-b"><num>(b)</num><content>if an individual was not so resident in the United Kingdom for the tax year 2019-20 (including as a result of this section), whether the individual was or was not resident in

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-109-2"><num>(2)</num><content>That Schedule is modified in accordance with subsections (3) to (13).</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><mod>Paragraph 8 (second automatic UK test: days at overseas

<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-109-4"><num>(4)</num><intro>Paragraph 22 (key concepts: days spent) has effect as if—<

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-109-4-a"><num>(a)</num><content><mod>in sub-paragraph (2), for “two cases” there were substituted <quotedText>“ three cases ”</quotedText>;</mod></content>

<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-109-4-b"><num>(b)</num><content><mod>after sub-paragraph (6) there were inserted—

<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-109-5"><num>(5)</num><content><mod>Paragraph 23 (key concepts: days spent and the deeming

<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-109-6"><num>(6)</num><intro>Paragraph 28(2) (rules for calculating the reference period) h

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-109-6-a"><num>(a)</num><content>in paragraph (b) the “and” at the end were omitted;</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-109-6-b"><num>(b)</num><content><mod>after paragraph (b) there were inserted—<quo

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-109-6-c"><num>(c)</num><content><mod>in paragraph (c), for “or (b)” there were substituted <quotedText>“ , (b) or (ba) ”</quotedText>.</mod></content></lev

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-109-7"><num>(7)</num><content><mod>Paragraph 29 (significant breaks from UK or overseas work) has effect as if in sub-paragraphs (1)(b) and (2)(b), for “or parenting leave” there were substituted <quotedText>“

<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-109-8"><num>(8)</num><content><mod>Paragraph 32 (family tie) has effect as if after sub-pa

<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-109-9"><num>(9)</num><content><mod>Paragraph 34 (accommodation tie) has effect as if after

<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-109-10"><num>(10)</num><content><mod>Paragraph 35 (work tie) has effect as if after sub-pa

<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-109-11"><num>(11)</num><intro>Paragraph 37 (90-day tie) has effect as if—</intro><leve

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-109-11-a"><num>(a)</num><content>the existing text were sub-paragraph (1);</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-109-11-b"><num>(b)</num><content><mod>after that sub-paragraph, there were insert

<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-109-12"><num>(12)</num><content><mod>Paragraph 38 (country tie) has effect as if after sub

<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-109-13"><num>(13)</num><content><mod>Paragraph 145 (interpretation) has effect as if at th

<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-110"><num>110</num><heading>Future Fund: EIS and SEIS relief</heading><subsection eId="section-110-1"><num>(1)</num><intro>This section applies if an individual to whom shares in a company have been issued—</intro>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-110-1"><num>(1)</num><intro>This section applies if an individual to whom shares in a company have been issued—</intro><level class="para1" eId="section-110-1-a"><num>(a)</num><content>enters into a convertib

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-110-1-a"><num>(a)</num><content>enters into a convertible loan agreement with the company under the Future Fund on or after 20 May 2020, and</content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-110-1-b"><num>(b)</num><content>subsequently receives value from the company under the terms of the agreement.</content></level>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-110-2"><num>(2)</num><content>If, as a result of the receipt of value, any EIS relief attributable to shares issued before the relevant time would (apart from this subsection) be withdrawn or reduced under section 2

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-110-3"><num>(3)</num><content>If, as a result of the receipt of value, any SEIS relief attributable to shares issued before the relevant time would (apart from this subsection) be withdrawn or reduced under section

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-110-4"><num>(4)</num><content>If, as a result of the receipt of value, shares issued before the relevant time would (apart from this subsection) cease to be eligible shares by reason of paragraph 13(1)(b) of Schedul

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-110-5"><num>(5)</num><intro>In this section—</intro><hcontainer name="definition"><content>“<term refersTo="#term-the-future-fund" eId="term-the-future-fund">the Future Fund</term>” means the scheme of that n

<hcontainer xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" name="definition"><content>“<term refersTo="#term-the-relevant-time" eId="term-the-relevant-time">the relevant time</term>” means the time when the individual enters into the convertible loan agreement.</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-preparing-for-new-tax"><heading>Preparing for new tax</heading><section eId="section-111"><num>1

<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-111"><num>111</num><heading>Preparing for a new tax in respect of certain plastic packaging</heading><content>The Commissioners for Her Majesty's Revenue and Customs may make preparations for the introduction of a new

<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-local-loans"><heading>Local loans</heading><section eId="section-112"><num>112</num><heading>Lim

<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-112"><num>112</num><heading>Limits on local loans</heading><subsection eId="section-112-1"><num>(1)</num><intro>In section 4(1) of the National Loans Act 1968 (which sets a limit on local loans made in pursuance of sec

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-112-1"><num>(1)</num><intro>In section 4(1) of the National Loans Act 1968 (which sets a limit on local loans made in pursuance of section 3 of that Act)—</intro><level class="para1" eId="section-112-1-a"><num>(

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-112-1-a"><num>(a)</num><content><mod>for “£85 billion” substitute <quotedText>“ £115 billion ”</quotedText>, and</mod></content></level>

<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-112-1-b"><num>(b)</num><content><mod>for “£95 billion” substitute <quotedText>“ £135 billion ”</quotedText>.</mod></content></level>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-112-2"><num>(2)</num><content>The Local Loans (Increase of Limit) Order 2019 (SI 2019/1317) is revoked.</content></subsection>

<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-112-3"><num>(3)</num><content>This section comes into force on such day as the Treasury may by regulations made by statutory instrument appoint.</content></subsection>

<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-other"><heading>Other</heading><section eId="sectio

<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-113"><num>113</num><heading>Interpretation</heading><content>In this Act the following abbreviations are ref

<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-114"><num>114</num><heading>Short title</heading><content>This Act may be cited as the Finance Act 2020.</content></section>

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