Income Tax (Trading and Other Income) Bill

House of Commons

Session 2004 - 05
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Other Bills before Parliament

Income Tax (Trading and Other Income) Bill

Income Tax (Trading and Other Income) Bill
Schedule 4 — Abbreviations and defined expressions
Part 2 — Index of expressions defined in this Act etc.
592

production expenditure (in Chapter 9 of Part 2)
section 130(2)

production herd (in Chapter 8 of Part 2)
section 112(1), (2)

production herd (of the same class) (for the
section 113(2)

purposes of Chapter 8 of Part 2)

profits from a trade, profession or vocation (for
section 221(4), (5)

5

the purposes of Chapter 16 of Part 2)

profits or gains
section 833(1) of ICTA

any prohibitive rule (in Chapter 9 of Part 2)
section 130(7)

property business
section 263(6)

property comprised in a settlement (in relation
section 644(3)(a)

10

to a settlor) (in Chapter 5 of Part 5)

property or rights held on trust or on trusts (in
section 879(2)

the application of the Act to Scotland)

provider (in relation to a bank arrangement) (in
section 704(4)(b)

Chapter 4 of Part 6)

15

provider (in relation to a building society
section 704(5)(b)

arrangement) (in Chapter 4 of Part 6)

provider (in relation to a European authorised
section 704(6)

institution arrangement) (in Chapter 4 of Part 6)

provides foster care (and related expressions) (in
section 806

20

Chapter 2 of Part 7)

public body (in Chapter 2 of Part 5)
section 603(2)

purchased life annuity (in Chapter 7 of Part 4)
section 423

qualifying distribution
section 832(1) of ICTA

qualifying policy
section 832(1) of ICTA

25

qualifying trade, profession or vocation (in
section 221(2)

Chapter 16 of Part 2)

the rate applicable to trusts
section 832(1) of ICTA

receipt period (of a receipt) (for the purposes of
sections 288(6), 296(3)

Chapter 4 of Part 3)

30

receipts and expenses (in the context of the
section 27 (including

calculation of the profits of a trade, profession or
as applied by section

vocation or of a property business) (in the
272)

Income Tax Acts)

recognised futures exchange
section 558(3)

35

recognised stock exchange
section 841(1) of ICTA

Income Tax (Trading and Other Income) Bill
Schedule 4 — Abbreviations and defined expressions
Part 2 — Index of expressions defined in this Act etc.
593

reduction under section 288 by reference to a
section 290(6)

taxed receipt (in Chapter 4 of Part 3)

reduction under section 37(2) or (3) of ICTA by
section 297(2)

reference to an amount chargeable on the

superior interest (in Chapter 4 of Part 3)

5

registered pension scheme
section 832(1) of ICTA

and section 150(2) of

FA 2004

related (in relation to a policy) (in Chapter 9 of
section 491(6)

Part 4)

10

related transactions (in Chapter 12 of Part 4)
section 566

relevant allowance (in Chapter 1 of Part 7)
section 802

relevant balancing charge (in Chapter 1 of Part 7)
section 802

relevant foreign income
section 830

relevant period (in Chapter 9 of Part 2)
section 133

15

the relevant profits (in Chapter 16 of Part 2)
section 221(1), (4), (5)

relevant telecommunication right (in Chapter 10
section 146

of Part 2)

rent receivable for a UK electric-line wayleave
section 345

(in Chapter 9 of Part 3)

20

rent receivable in connection with a UK section
section 336

12(4) concern (in Chapter 8 of Part 3)

rent (in Chapter 8 of Part 3)
section 336(3)

rent (in Chapter 9 of Part 3)
section 345(3)

rent-a-room receipts (in Chapter 1 of Part 7)
section 786

25

rent-a-room relief (in Chapter 1 of Part 7)
section 784

residence (in Chapter 1 of Part 7)
section 787

the residuary income of the estate (for the
section 666(1)

purposes of Chapter 6 of Part 5)

retail prices index
section 833(2) of ICTA

30

return from one or more disposals (in Chapter 12
section 561(1)

of Part 4)

reversion (in the application of Chapter 4 of Part
section 307(3)

3 to Scotland)

sale of an animal (for the purposes of Chapter 8
section 113(3)

35

of Part 2)

Income Tax (Trading and Other Income) Bill
Schedule 4 — Abbreviations and defined expressions
Part 2 — Index of expressions defined in this Act etc.
594

sale of know-how (for purposes of Chapter 14 of
sections 192(5)

Part 2)

sale of property (in Chapter 2 of Part 5)
sections 605(1), 606(1)

sale or transfer of trading stock (in Chapter 12 of
section 174(3)

Part 2)

5

sale proceeds of an animal (for the purposes of
section 113(4)

Chapter 8 of Part 2)

Schedule A business
section 832(1) of ICTA

settlement (in Chapter 5 of Part 5)
section 620

settlor (in Chapter 5 of Part 5)
section 620(1)

10

settlor (for the purposes of Chapter 9 of Part 4)
section 465(6)

share (in Chapter 8 of Part 4)
section 460(1)

share of residuary income of estate (for the
section 667

purposes of Chapter 6 of Part 5)

short-term lease (in Chapter 4 of Part 3)
section 276(6)

15

starting rate
section 832(1) of ICTA

statutory insolvency arrangement (in Part 2)
section 259

stock dividend income (in Chapter 5 of Part 4)
section 409(2)

strip (in Chapter 8 of Part 4)
section 444

substantial part of a herd (for purposes of
section 113(6)

20

Chapter 8 of Part 2)

surrender (in the application of the Act to
section 879(1)

Scotland)

tax advantage (in Chapter 8 of Part 4)
section 460(2)

tax year
section 878(1)

25

the tax year 2005-06 etc.
section 878(1)

taxed lease (in Chapter 4 of Part 3)
section 287(4)

taxed receipt (in Chapter 4 of Part 3)
section 287(4)

taxpayer (in Chapter 16 of Part 2)
section 221(1)

total income
section 835(1) of ICTA

30

total foster-care receipts (in Chapter 2 of Part 7)
section 807

total rent-a-room amount (in Chapter 1 of Part 7)
section 788

trade
section 832(1) of ICTA

Income Tax (Trading and Other Income) Bill
Schedule 4 — Abbreviations and defined expressions
Part 2 — Index of expressions defined in this Act etc.
595

trading stock (in relation to a trade) (in Chapter
section 174

12 of Part 2)

transfer of work in progress (in Chapter 12 of
section 183(2)

Part 2)

trusts an individual created (for the purposes of
section 465(6)

5

Chapter 9 of Part 4)

UK estate (in Chapter 6 of Part 5)
section 651(1)

UK property business
Chapter 2 of Part 3

UK resident (and references to a UK resident or a
section 878(1)

UK resident person)

10

Ulster Savings Certificates
section 693(7)

unit holder
section 832(1) of ICTA

unit trust scheme
section 832(1) of ICTA

United Kingdom
section 830(1) of ICTA

unreduced amount (of a taxed receipt) (in
sections 290(2) to (4),

15

Chapter 4 of Part 3)
296(4) to (6)

unused amount (of a taxed receipt) (for the
section 290(1), (5)

purposes of Chapter 4 of Part 3)

venture capital trust
section 842AA(1) of

ICTA

20

within the charge to tax
section 832(1) of ICTA

woodlands
section 876(4)

work in progress (in Chapter 12 of Part 2)
section 183(1)