Finance (No. 2) Bill (HC Bill 134)

EUROPEAN CONVENTION ON HUMAN RIGHTS

The Chancellor of the Exchequer has made the following statement under section
19(1)(a) of the Human Rights Act 1998:

In my view the provisions of the Finance (No. 2) Bill are compatible with the
Convention rights.

Contents

  1. Part 1

    Direct taxes

    1. Income tax and corporation tax: charge

      1. 1. Income tax charge for tax year 2018-19

      2. 2. Corporation tax charge for financial year 2019

    2. Income tax: rates and allowances

      1. 3. Main rates of income tax for tax year 2018-19

      2. 4. Default and savings rates of income tax for tax year 2018-19

      3. 5. Starting rate limit for savings for tax year 2018-19

      4. 6. Transfer of tax allowance after death of spouse or civil partner

    3. Employment

      1. 7. Deductions from seafarers’ earnings

      2. 8. Exemption for armed forces’ accommodation allowances

      3. 9. Benefits in kind: diesel cars

      4. 10. Termination payments: foreign service

    4. Disguised remuneration

      1. 11. Employment income provided through third parties

      2. 12. Trading income provided through third parties

    5. Pensions

      1. 13. Pension schemes

    6. Investments

      1. 14. EIS, SEIS and VCT reliefs: risk to capital

      2. 15. EIS, SI and VCT reliefs: relevant investments

      3. 16. EIS and VCT reliefs: knowledge-intensive companies

      4. 17. VCTs: further amendments

    7. Partnerships

      1. 18. Partnerships

    8. Corporation tax

      1. 19. Research and development expenditure credit

      2. 20. Intangible fixed assets: realisation involving non-monetary receipt

      3. 21. Intangible fixed assets: transactions between related parties

      4. 22. Oil activities: tariff receipts etc

      5. 23. Hybrid and other mismatches

      6. 24. Corporate interest restriction

      7. 25. Education Authority of Northern Ireland

    9. Chargeable gains

      1. 26. Freezing of indexation allowance for gains chargeable to corporation tax

      2. 27. Assets transfer to non-resident company: reorganisations of share capital etc

      3. 28. Depreciatory transactions within a group of companies

    10. Capital allowances

      1. 29. First-year tax credits

    11. Double taxation relief

      1. 30. Reduction of relief in cases where losses relieved sideways etc

      2. 31. Countering effect of avoidance arrangements

      3. 32. Double taxation arrangements specified by Order in Council

    12. Miscellaneous

      1. 33. Bank levy

      2. 34. Debt traded on a multilateral trading facility

      3. 35. Settlements: anti-avoidance etc

      4. 36. Fixed rate deduction for expenditure on vehicles etc

      5. 37. Carried interest

  2. Part 2

    Indirect taxes

    1. Value added tax

      1. 38. Online marketplaces

      2. 39. VAT refunds to public authorities

    2. Stamp duty land tax

      1. 40. Higher rates for additional dwellings

      2. 41. Relief for first-time buyers

    3. Landfill tax

      1. 42. Landfill tax: disposals not made at landfill sites, etc

    4. Excise duties

      1. 43. Air passenger duty: rates of duty from 1 April 2019

      2. 44. VED: rates for light passenger vehicles, light goods vehicles, motorcycles etc

      3. 45. Tobacco products duty: rates

  3. Part 3

    Miscellaneous and final

    1. Customs enforcement powers

      1. 46. Power to enter premises and inspect goods

      2. 47. Power to search vehicles or vessels

    2. Updating of statutory references

      1. 48. CO2 emissions figures etc

    3. Final

      1. 49. Interpretation

      2. 50. Short title

    1. Schedule 1

      Employment income provided through third parties

      1. Part 1

        Arrangements relating to earnings charged to tax

      2. Part 2

        Close companies

      3. Part 3

        Amendments consequential on Part 2

      4. Part 4

        Loans etc outstanding on 5 April 2019

      5. Part 5

        Commencement

    2. Schedule 2

      Trading income provided through third parties: loans etc
      outstanding on 5 April 2019

    3. Schedule 3

      Pension schemes

    4. Schedule 4

      EIS and VCT reliefs: knowledge-intensive companies

    5. Schedule 5

      Venture capital trusts: further amendments

    6. Schedule 6

      Partnerships

      1. Part 1

        Bare trusts

      2. Part 2

        Notional trade and business of indirect partner

      3. Part 3

        Returns: information to be included

      4. Part 4

        Returns: overseas partners in investment partnerships etc

      5. Part 5

        Returns conclusive as to shares of profits and losses

    7. Schedule 7

      Hybrid and other mismatches

    8. Schedule 8

      Corporate interest restriction

      1. Part 1

        Amendments of Part 10 of TIOPA 2010

      2. Part 2

        Other amendments

    9. Schedule 9

      Bank levy

      1. Part 1

        Chargeable equity and liabilities

      2. Part 2

        Miscellaneous amendments

      3. Part 3

        Commencement

    10. Schedule 10

      Settlements: anti-avoidance etc

      1. Part 1

        Capital gains tax

      2. Part 2

        Income tax

    11. Schedule 11

      Stamp duty land tax: higher rates for additional dwellings

    12. Schedule 12

      Landfill tax: disposals not made at landfill sites, etc

      1. Part 1

        Amendments of Part 3 of FA 1996

      2. Part 2

        Amendments of other Acts

      3. Part 3

        Commencement and transitional provisions