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Source2001 c. 9

Finance Act 2001 (2001 c. 9)

Act Β· In force Β· Enacted 11 May 2001 Β· 542 sections

An Act to grant certain duties, to alter other duties, and to amend the law relating to the National Debt and the Public Revenue, and to make further provision in connection with Finance.

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This instrument is too large to display on one page. It is divided into the parts below; open a part to read its sections, each of which links to its full text.

Part 1 β€” EXCISE DUTIESs 1–s 15 Β· 15 sections
Hydrocarbon oil dutiess 1–s 3 Β· 3 sections
Tobacco products dutys 4 Β· 1 section
Alcoholic liquor dutiess 5 Β· 1 section
Betting and gaming dutiess 6–s 7 Β· 2 sections
Vehicle excise dutys 8–s 14 Β· 7 sections
Generals 15 Β· 1 section
Part 2 β€” AGGREGATES LEVYs 16–s 49 Β· 45 sections
Charging provisionss 16–s 23 Β· 8 sections
Administration and enforcements 24–s 29 Β· 6 sections
Credits and repaymentss 30–s 32 Β· 7 sections
Non-resident taxpayerss 33–s 34 Β· 2 sections
Other special casess 35–s 39 Β· 5 sections
Review and appeals 40–s 43 Β· 11 sections
General provisionss 44–s 48 Β· 5 sections
Supplementals 49 Β· 1 section
Part 3 β€” INCOME TAX, CORPORATION TAX AND CAPITAL GAINS TAXs 50–s 91 Β· 42 sectionsChapter 1 β€” CHARGE AND RATESs 50–s 56 Β· 7 sections
Income taxs 50–s 53 Β· 4 sections
Corporation taxs 54–s 56 Β· 3 sections
Chapter 2 β€” OTHER PROVISIONSs 57–s 91 Β· 35 sections
Employments 57–s 61 Β· 5 sections
Enterprise incentivess 62–s 64 Β· 3 sections
Capital allowancess 65–s 69 Β· 5 sections
Other relieving provisionss 70–s 73 Β· 4 sections
Pension fundss 74 Β· 1 section
Limited liability partnershipss 75–s 76 Β· 2 sections
Chargeable gainss 77–s 80 Β· 4 sections
International matterss 81–s 82 Β· 2 sections
Miscellaneouss 83–s 87 Β· 5 sections
Generals 88–s 91 Β· 4 sections
Part 4 β€” OTHER TAXESs 92–s 106 Β· 17 sections
Stamp duty and stamp duty reserve taxs 92–s 95 Β· 6 sections
Value added taxs 96–s 100 Β· 5 sections
Petroleum revenue taxs 101–s 103 Β· 3 sections
Landfill taxs 104 Β· 1 section
Climate change levys 105 Β· 1 section
Inheritance taxs 106 Β· 1 section
Part 5 β€” MISCELLANEOUS AND SUPPLEMENTARY PROVISIONSs 107–s 111 Β· 5 sections
Miscellaneouss 107–s 108 Β· 2 sections
Supplementarys 109–s 111 Β· 3 sections
Scheduless 1–Sch 33 para 6 Β· 418 sections
SCHEDULE 1 β€” GENERAL BETTING DUTYs 1–s 5D Β· 12 sections (3 directly here)
General betting dutys 1 Β· 1 section
General betting dutys 2 Β· 1 section
General betting dutys 3 Β· 1 section
General betting dutys 4–s 5D Β· 6 sections
SCHEDULE 2 β€” RATES OF VEHICLE EXCISE DUTY ON GOODS VEHICLESSch 2 para 1–Sch 2 para 11 Β· 11 sectionsSCHEDULE 3 β€” EXCISE DUTY: PAYMENTS BY COMMISSIONERS IN CASE OF ERROR OR DELAYSch 3 para 1–Sch 3 para 23 Β· 23 sectionsPart 1 β€” PAYMENTSSch 3 para 1–Sch 3 para 3 Β· 3 sectionsPart 2 β€” INTERESTSch 3 para 4–Sch 3 para 13 Β· 10 sectionsPart 3 β€” APPEALSSch 3 para 14 Β· 1 sectionPart 4 β€” GENERALSch 3 para 15–Sch 3 para 23 Β· 9 sectionsSCHEDULE 4 β€” AGGREGATES LEVY: REGISTRATIONSch 4 para 1–Sch 4 para 8 Β· 8 sectionsSCHEDULE 5 β€” AGGREGATES LEVY: RECOVERY AND INTERESTSch 5 para 1–Sch 5 para 19 Β· 19 sectionsSCHEDULE 6 β€” AGGREGATES LEVY: EVASION, MISDECLARATION AND NEGLECTSch 6 para 1–Sch 6 para 10 Β· 11 sectionsPart 1 β€” CRIMINAL OFFENCESSch 6 para 1–Sch 6 para 6 Β· 6 sectionsPart 2 β€” CIVIL PENALTIESSch 6 para 7–Sch 6 para 9A Β· 4 sectionsPart 3 β€” INTERPRETATION OF SCHEDULESch 6 para 10 Β· 1 sectionSCHEDULE 7 β€” AGGREGATES LEVY: INFORMATION AND EVIDENCE ETCSch 7 para 1–Sch 7 para 15 Β· 15 sectionsSCHEDULE 8 β€” AGGREGATES LEVY: REPAYMENTS AND CREDITSSch 8 para 1–Sch 8 para 12 Β· 12 sectionsSCHEDULE 9 β€” AGGREGATES LEVY: GROUP TREATMENTSch 9 para 1–Sch 9 para 8 Β· 8 sectionsSCHEDULE 10 β€” AGGREGATES LEVY: ASSESSMENT OF CIVIL PENALTIES AND INTEREST ON THEMSch 10 para 1–Sch 10 para 8 Β· 8 sectionsSCHEDULE 11 β€” CHILDREN’S TAX CREDIT: BABY RATE: SUPPLEMENTARYSch 11 para 1–Sch 11 para 6 Β· 6 sectionsSCHEDULE 12 β€” MILEAGE ALLOWANCESSch 12 para 1–Sch 12 para 16 Β· 16 sectionsPart 2 β€” CONSEQUENTIAL AMENDMENTSSch 12 para 1–Sch 12 para 16 Β· 16 sectionsSCHEDULE 13 β€” EMPLOYEE SHARE OWNERSHIP PLANS: AMENDMENTSSch 13 para 1–Sch 13 para 8 Β· 8 sectionsSCHEDULE 14 β€” ENTERPRISE MANAGEMENT INCENTIVES: AMENDMENTSSch 14 para 1–Sch 14 para 13 Β· 13 sectionsSCHEDULE 15 β€” ENTERPRISE INVESTMENT SCHEME: AMENDMENTSSch 15 para 1–Sch 15 para 40 Β· 40 sectionsPart 1 β€” INCOME TAX RELIEFSch 15 para 1–Sch 15 para 24 Β· 24 sectionsPart 2 β€” POSTPONEMENT OF CHARGEABLE GAIN ON REINVESTMENTSch 15 para 25–Sch 15 para 37 Β· 13 sectionsPart 3 β€” MISCELLANEOUS AND GENERALSch 15 para 38–Sch 15 para 40 Β· 3 sectionsSCHEDULE 16 β€” VENTURE CAPITALSch 16 para 1–Sch 16 para 9 Β· 9 sectionsPart 1 β€” VENTURE CAPITAL TRUSTSSch 16 para 1–Sch 16 para 3 Β· 3 sectionsPart 2 β€” CORPORATE VENTURING SCHEMESch 16 para 4–Sch 16 para 9 Β· 6 sectionsSCHEDULE 17 β€” CAPITAL ALLOWANCES: ENERGY-SAVING PLANT AND MACHINERYSch 17 para 1–Sch 17 para 6 Β· 6 sectionsSCHEDULE 18 β€” CAPITAL ALLOWANCES: FIXTURES PROVIDED IN CONNECTION WITH ENERGY MANAGEMENT SERVICESSch 18 para 1–Sch 18 para 11 Β· 11 sectionsSCHEDULE 19 β€” CAPITAL ALLOWANCES: CONVERSION OF PARTS OF BUSINESS PREMISES INTO FLATSSch 19 para 1–Sch 19 para 8 Β· 8 sectionsPart 2 β€” CONSEQUENTIAL AMENDMENTSSch 19 para 1–Sch 19 para 8 Β· 8 sectionsSCHEDULE 20 β€” CAPITAL ALLOWANCES: OFFSHORE OIL INFRASTRUCTURESch 20 para 1–Sch 20 para 9 Β· 9 sectionsPart 1 β€” CHARGEABLE PERIODS ENDING BEFORE 1ST OR 6TH APRIL 2001Sch 20 para 1–Sch 20 para 4 Β· 4 sectionsPart 2 β€” CHARGEABLE PERIODS ENDING ON OR AFTER 1ST OR 6TH APRIL 2001Sch 20 para 5–Sch 20 para 9 Β· 5 sectionsSCHEDULE 21 β€” CAPITAL ALLOWANCES: MINOR AMENDMENTSSch 21 para 1–Sch 21 para 6 Β· 6 sectionsSCHEDULE 22 β€” REMEDIATION OF CONTAMINATED LANDSch 22 para 1–Sch 22 para 32 Β· 32 sectionsPart 1 β€” DEDUCTION FOR CAPITAL EXPENDITURESch 22 para 1–Sch 22 para 11 Β· 11 sectionsPart 2 β€” ENTITLEMENT TO LAND REMEDIATION RELIEFSch 22 para 12 Β· 1 sectionPart 3 β€” MANNER OF GIVING EFFECT TO RELIEFSch 22 para 13–Sch 22 para 19 Β· 7 sectionsPart 4 β€” SPECIAL PROVISION FOR LIFE ASSURANCE BUSINESSSch 22 para 20–Sch 22 para 28 Β· 9 sectionsPart 5 β€” SUPPLEMENTARY PROVISIONSSch 22 para 29–Sch 22 para 32 Β· 4 sectionsSCHEDULE 23 β€” LAND REMEDIATION: CONSEQUENTIAL AMENDMENTSSch 23 para 1–Sch 23 para 6 Β· 6 sectionsSCHEDULE 24 β€” CREATIVE ARTISTS: RELIEF FOR FLUCTUATING PROFITSSch 24 para 2–Sch 24 para 422 Β· 4 sectionsPart 2 β€” CONSEQUENTIAL AMENDMENTSSch 24 para 2–Sch 24 para 4 Β· 3 sectionsPart 1 β€” NEW SCHEDULE 4A TO THE TAXES ACT 1988Sch 24 para 422 Β· 1 sectionSCHEDULE 25 β€” LIMITED LIABILITY PARTNERSHIPS: INVESTMENT LLPS AND PROPERTY INVESTMETN LLPSSch 25 para 1–Sch 25 para 9 Β· 9 sectionsSCHEDULE 26 β€” CAPITAL GAINS TAX: TAPER RELIEF: BUSINESS ASSETSSch 26 para 1–Sch 26 para 7 Β· 7 sectionsSCHEDULE 27 β€” DOUBLE TAXATION RELIEFSch 27 para 1–Sch 27 para 7 Β· 7 sectionsSCHEDULE 28 β€” LIFE POLICIES, LIFE ANNUITIES AND CAPITAL REDEMPTION POLICIESSch 28 para 1–Sch 28 para 20 Β· 20 sectionsPart 1 β€” ASSIGNMENT OR SURRENDER OF PART OF THE RIGHTSSch 28 para 1–Sch 28 para 17 Β· 17 sectionsPart 2 β€” PROVISION OF INFORMATION BY INSURERSSch 28 para 18–Sch 28 para 20 Β· 3 sectionsSCHEDULE 29 β€” AMENDMENTS TO MACHINERY OF SELF-ASSESSMENTSch 29 para 1–Sch 29 para 40 Β· 40 sectionsPart 1 β€” AMENDMENT OR CORRECTION OF RETURNSch 29 para 1–Sch 29 para 3 Β· 3 sectionsPart 2 β€” ENQUIRIES INTO RETURNSSch 29 para 4–Sch 29 para 5 Β· 2 sectionsPart 3 β€” REFERRAL OF QESTIONS DURING ENQUIRYSch 29 para 6–Sch 29 para 7 Β· 2 sectionsPart 4 β€” PROCEDURE ON COMPLETION OF ENQUIRYSch 29 para 8–Sch 29 para 10 Β· 3 sectionsPart 5 β€” MINOR AND CONSEQUENTIAL AMENDMENTSSch 29 para 11–Sch 29 para 40 Β· 30 sectionsSCHEDULE 31 β€” VALUE ADDED TAX: RE-ENACTMENT OF REDUCED RATE PROVISIONSSch 31 para 1–Sch 31 para 7 Β· 7 sectionsPart 1 β€” NEW SCHEDULE 7A TO THE VALUE ADDED TAX ACT 1994Sch 31 para 1 Β· 1 sectionPart 2 β€” CONSEQUENTIAL AMENDMENTSSch 31 para 2–Sch 31 para 7 Β· 6 sectionsSCHEDULE 32 β€” PETROLEUM REVENUE TAX: UNRELIEVABLE FIELD LOSSESSch 32 para 1–Sch 32 para 11 Β· 11 sectionsSCHEDULE 33 β€” REPEALSSch 33 Pt 1 para 1–Sch 33 para 6 Β· 16 sectionsPart 1 β€” EXCISE DUTIESSch 33 Pt 1 para 1 Β· 1 sectionPart 2 β€” INCOME TAX, CORPORATION TAX AND CAPITAL GAINS TAXSch 33 Pt 2 para 1 Β· 3 sectionsPart 3 β€” OTHER TAXESSch 33 Pt 3 para 1 Β· 2 sections
Part 1 β€” EXCISE DUTIESSch 33 Pt 1 para 2 Β· 1 section
Part 2 β€” INCOME TAX, CORPORATION TAX AND CAPITAL GAINS TAXSch 33 Pt 2 para 2 Β· 3 sections
Part 3 β€” OTHER TAXESSch 33 Pt 3 para 2 Β· 2 sections
Part 2 β€” INCOME TAX, CORPORATION TAX AND CAPITAL GAINS TAXSch 33 para 3–Sch 33 para 6 Β· 4 sections

Cite this legislation

Official citation
2001 c. 9
Source
legislation.gov.uk
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OGL-3 β†—

Finance Act 2001 (legislation.gov.uk, OGL-3). Retrieved via LawPlayer, https://lawplayer.com/uk/act/ukpga-2001-9

This text is synced from legislation.gov.uk. In case of any discrepancy, the official version prevails.

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