CHAPTER 4
CHARITIES
54 Transactions with substantial donors
55 Non-charitable expenditure
56 Trade profits
57 Gift aid relief for companies wholly owned by one or more charities
58 Extension of restrictions on gift aid payments by close companies
CHAPTER 5
PERSONAL TAXATION
Cars
59 Cars with a CO2 emissions figure
Mobile telephones and computers
60 Mobile telephones
61 Computer equipment
Eye care
62 Exemption for employees’ eye tests and special glasses
Vouchers and tokens
63 Power to exempt use of vouchers or tokens to obtain exempt benefits
Holocaust victims
64 Payments to or in respect of victims of National-Socialist persecution
CHAPTER 6
THE LONDON OLYMPIC GAMES AND PARALYMPIC GAMES
65 London Organising Committee
66 Section 65: supplementary
67 International Olympic Committee
68 Competitors and staff
CHAPTER 7
CHARGEABLE GAINS
Capital losses
69 Restriction on a company’s allowable losses
70 Restrictions on companies buying losses or gains
71 Other avoidance involving losses accruing to companies
72 Repeal of s.106 of TCGA 1992
Finance (No.2) Bill v
Insurance policies and annuities
73 Policies of insurance and non-deferred annuities
Capital gains tax
74 Exception to “bed and breakfasting” rules etc
CHAPTER 8
AVOIDANCE: MISCELLANEOUS
Film partnerships
75 Interest relief: film partnership
Financial instruments
76 Avoidance involving financial arrangements
Intangible fixed assets
77 Treating assets as “existing assets” etc
International matters
78 Controlled foreign companies and treaty non-resident companies
79 Transfer of assets abroad
Pre-owned assets
80 Restriction of exemption from charge to income tax
CHAPTER 9
MISCELLANEOUS PROVISIONS
Leasing of plant or machinery
81 Leases of plant or machinery
Sale of lessors
82 Sale etc of lessor companies etc
83 Restrictions on use of losses etc: leasing partnerships
84 Disposal of plant or machinery subject to lease where income retained
85 Restrictions on effect of elections under section 266 of CAA 2001
Insurance companies and policyholders
86 Insurance companies
87 Qualifying policies: altering method for calculating benefits
Settlements
88 Settlements, etc: chargeable gains
89 Settlements, etc: income
90 Special trusts tax rates not to apply to social landlords’
service charge income
Investment reliefs
91 Venture capital schemes
Employment-related securities
92 Avoidance using options etc
93 Corporation tax relief for shares acquired under EMI option
PAYE
94 PAYE: retrospective notional payments
Alternative finance arrangements
95 Profit share agency
96 Diminishing shared ownership
97 Beneficial loans to employees
98 Regulations
Nuclear decommissioning
99 Amendment of section 29 of the Energy Act 2004
100 Amendment of section 30 of the Energy Act 2004
Accounting practice
101 Securitisation companies
102 Accountancy change: spreading of adjustment
PART 4
REAL ESTATE INVESTMENT TRUSTS
Introduction
103 Real Estate Investment Trusts
104 Property rental business
105 Other key concepts
106 Conditions for company
107 Conditions for tax-exempt business
108 Conditions for balance of business
Entering Real Estate Investment Trust Regime
109 Notice
110 Duration
111 Effects of entry
112 Entry charge |
