House of Commons portcullis
House of Commons
Session 2006 - 07
Internet Publications
Other Bills before Parliament

Income Tax Bill


Income Tax Bill
Schedule 4 — Index of defined expressions

720

 
 

gilt-edged securities

section 1024

 
 

gross amount of a payment (in Chapter 4 of Part

section 452

 
 

8)

  
 

gross amount (in Chapter 2 of Part 11)

section 589

 
 

gross amount (in Chapter 4 of Part 11)

sections 589 and 918(7)

 

5

  

(as applied by section

 
  

606(9) and (10))

 
 

gross amount (in Chapter 9 of Part 15)

section 589 (as applied

 
  

by section 926(1))

 
 

the gross amount (in Chapter 13 of Part 15)

section 941(6)

 

10

 

grossing up

section 998

 
 

grossed up amount (in Chapter 2 of Part 8)

section 415

 
 

gross-paying government securities (in Chapter

section 893(2)

 
 

5 of Part 15)

  
 

group (in Chapter 6 of Part 4 (except in sections

section 151(1)

 

15

 

137 and 142))

  
 

group (in Part 5)

section 257(1)

 
 

group (in Part 6)

section 332

 
 

group (in Chapter 2 of Part 11)

section 591(1)

 
 

group (in Chapter 4 of Part 11)

section 606(5)

 

20

 

group (in Chapter 9 of Part 15)

section 591(1) (as

 
  

applied by section

 
  

926(1))

 
 

group company (in Part 5)

section 257(1)

 
 

group company (in Part 6)

section 332

 

25

 

heritage body (in Chapter 10 of Part 9)

section 507(2)

 
 

heritage direction (in Chapter 10 of Part 9)

section 507(2)

 
 

heritage maintenance property (in Chapter 10 of

section 507(2)

 
 

Part 9)

  
 

heritage maintenance settlement (in Chapter 10

section 507(2)

 

30

 

of Part 9)

  
 

higher rate

section 6(2) (as applied

 
  

by section 989)

 
 

holding company (in Chapter 6 of Part 4)

section 151(1)

 
 

the 15% holding limit condition (in Chapter 3 of

section 274(2)

 

35

 

Part 6)

  
 

 

Income Tax Bill
Schedule 4 — Index of defined expressions

721

 
 

the income retention condition (in Chapter 3 of

section 274(2)

 
 

Part 6)

  
 

income tax advantage (in Chapter 1 of Part 13)

section 683(1)

 
 

the independent broker conditions (in Chapter 1

section 817

 
 

of Part 14)

  

5

 

the independent investment manager conditions

section 818

 
 

(in Chapter 1 of Part 14)

  
 

individual (in Chapter 2 of Part 13)

section 714(4)

 
 

individual (in Chapter 6 of Part 15)

section 905

 
 

interest (in Part 12)

section 671

 

10

 

interest payment day (in Part 12)

section 672

 
 

interest period (in Part 12)

section 673

 
 

the invested amount (in Part 7)

section 337

 
 

the investing company (in Chapter 4 of Part 6)

section 286(1)

 
 

investment (in Chapter 2 of Part 15)

section 855(1)

 

15

 

the investment (in Part 7)

section 334(1)

 
 

investment company (in Chapter 6 of Part 4)

section 151(1)

 
 

the investment date (in Part 7)

section 338

 
 

investment manager (in Chapter 1 of Part 14)

section 827(1)

 
 

investments (in relation to a company) (in

section 285(4)

 

20

 

Chapter 3 of Part 6)

  
 

investment transaction (in Chapter 1 of Part 14)

section 827(2)

 
 

the investor (in Part 5)

section 157(1)

 
 

the investor (in Part 7)

sections 334(1) and 370

 
 

the issuing company (in Part 5)

section 157(1)

 

25

 

limited partner (in Chapter 3 of Part 4)

section 106

 
 

the listing condition (in Chapter 3 of Part 6)

section 274(2)

 
 

living together (in relation to married couples

section 1011

 
 

and civil partners)

  
 

local authority

section 999

 

30

 

local authority association

section 1000

 
 

manufactured dividend (in Chapter 2 of Part 11)

section 573(1)(a)

 
 

manufactured dividend (in Chapter 3 of Part 11)

section 573(1)(a) (as

 
  

applied by section 595)

 
 

 

Income Tax Bill
Schedule 4 — Index of defined expressions

722

 
 

manufactured dividend (in Chapter 4 of Part 11)

section 573(1)(a) (as

 
  

applied by section

 
  

606(6))

 
 

manufactured dividend (in Chapter 9 of Part 15)

section 573(1)(a) (as

 
  

applied by section

 

5

  

926(1))

 
 

manufactured interest (in Chapter 2 of Part 11)

section 578(1)(a)

 
 

manufactured interest (in Chapter 9 of Part 15)

section 578(1)(a) (as

 
  

applied by section

 
  

926(1))

 

10

 

manufactured overseas dividend (in Chapter 2

section 581(1)(a)

 
 

of Part 11)

  
 

manufactured overseas dividend (in Chapter 9

section 581(1)(a) (as

 
 

of Part 15)

applied by section

 
  

926(1))

 

15

 

market gardening

section 996

 
 

market value (of an asset) (in Part 5)

section 257(6)

 
 

market value (of an asset) (in Part 7)

section 382(3)

 
 

market value of a qualifying investment (in

section 438

 
 

Chapter 3 of Part 8)

  

20

 

modified net income

section 1025

 
 

the nature of income condition (in Chapter 3 of

section 274(2)

 
 

Part 6)

  
 

net income

section 23 (see Step 2)

 
  

(as applied by section

 

25

  

989)

 
 

nominal value of securities (in Part 12)

sections 676 and 677

 
 

non-active partner (in Chapter 3 of Part 4)

section 112

 
 

non-charitable expenditure (in Part 10)

section 543

 
 

non-UK resident (and references to a non-UK

section 989

 

30

 

resident or a non-UK resident person)

  
 

normal self-assessment filing date

section 989

 
 

notice

section 989

 
 

obligation (in Chapter 3 of Part 8)

section 439(7)

 
 

occupation (in Chapter 4 of Part 13)

section 774

 

35

 

offshore installation

sections 1001 and 1002

 
 

oil and gas exploration and appraisal

section 1003

 
 

 

Income Tax Bill
Schedule 4 — Index of defined expressions

723

 
 

ordinary share capital

section 989

 
 

ordinary shares (in Part 5)

section 257(1)

 
 

ordinary shares (in Part 6)

section 332

 
 

other income (in Part 9)

section 463

 
 

other person (in Chapter 3 of Part 13)

section 763

 

5

 

other person (in Chapter 4 of Part 13)

section 782

 
 

overseas dividend (in Part 11)

section 567

 
 

overseas dividend (in Chapter 9 of Part 15)

section 567 (as applied

 
  

by section 926(1))

 
 

overseas property business

Chapter 2 of Part 3 of

 

10

  

ITTOIA 2005 (as

 
  

applied by section 989)

 
 

overseas securities (in Part 11)

section 567

 
 

overseas tax (in Chapter 2 of Part 11)

section 591(1)

 
 

overseas tax (in Chapter 9 of Part 15)

section 591(1) (as

 

15

  

applied by section

 
  

926(1))

 
 

overseas tax credit (in Chapter 2 of Part 11)

section 591(1)

 
 

parent company (in Part 5)

section 257(1)

 
 

parent company (in Part 6)

section 332

 

20

 

payment (in Chapter 7 of Part 9)

section 493(5)

 
 

period A, period B, period C (in Part 5)

section 159(2), (3), (4)

 
 

period of account

section 989

 
 

permanent establishment

section 989

 
 

person abroad (in Chapter 2 of Part 13)

section 718

 

25

 

personal representatives

section 989

 
 

prescribed (in Chapter 2 of Part 11)

section 591(1)

 
 

principal company (in Chapter 2 of Part 11)

section 591(1)

 
 

principal company (in Chapter 9 of Part 15)

section 591(1) (as

 
  

applied by section

 

30

  

926(1)

 
 

profits or gains

section 989

 
 

property deriving its value from land (in

section 772(2)

 
 

Chapter 3 of Part 13)

  
 

property investment LLP

section 1004

 

35

 

 

Income Tax Bill
Schedule 4 — Index of defined expressions

724

 
 

property maintenance purpose (in Chapter 10 of

section 507(2)

 
 

Part 9)

  
 

qualifying annual payment (in Chapter 6 of Part

section 899

 
 

15)

  
 

qualifying business activity (in Part 5)

section 179

 

5

 

qualifying certificate of deposit (in Part 15)

section 985

 
 

qualifying company (in Part 5)

section 180

 
 

qualifying distribution

section 989

 
 

qualifying donation (in Chapter 2 of Part 8)

section 416

 
 

qualifying holding (in Chapter 3 of Part 6)

Chapter 4 of Part 6

 

10

 

the 70% qualifying holdings condition (in

section 274(2)

 
 

Chapter 3 of Part 6)

  
 

qualifying interest in land (in Chapter 3 of Part 8)

section 433

 
 

qualifying investor (in Part 5)

section 162

 
 

qualifying investment (in Part 7)

section 344

 

15

 

qualifying investment (in Chapter 3 of Part 8)

section 432

 
 

qualifying partnership (in Chapter 11 of Part 15)

section 932

 
 

qualifying period (in Chapter 1 of Part 14)

section 820

 
 

qualifying shares (in Chapter 6 of Part 4)

section 131(2)

 
 

qualifying subsidiary (in Part 5)

section 191

 

20

 

qualifying subsidiary (in Chapter 4 of Part 6)

section 302

 
 

qualifying 90% subsidiary (in Part 5)

section 190

 
 

qualifying 90% subsidiary (in Chapter 4 of Part

section 301

 
 

6)

  
 

qualifying trade (in Part 5)

section 189(1)

 

25

 

qualifying trade (in Chapter 4 of Part 6)

section 300

 
 

qualifying uncertificated eligible debt security

section 986

 
 

unit (in Part 15)

  
 

quoted Eurobond (in Part 15)

section 987

 
 

recognised stock exchange

section 1005

 

30

 

registered (in Chapter 5 of Part 15)

section 895(6)

 
 

registered industrial and provident society (in

section 151(1)

 
 

Chapter 6 of Part 4)

  
 

 

Income Tax Bill
Schedule 4 — Index of defined expressions

725

 
 

registered industrial and provident society (in

section 887(5)

 
 

Chapter 3 of Part 15)

  
 

registered pension scheme

section 150(2) of FA

 
  

2004 (as applied by

 
  

section 989)

 

5

 

the Registrar (in Chapter 5 of Part 15)

section 895(6)

 
 

regulations (in Chapter 5 of Part 6)

section 325

 
 

related agreements (in Part 11)

section 571

 
 

the relevant company (in Chapter 4 of Part 6)

section 286(1)

 
 

relevant disregarded income (in Chapter 1 of

section 821

 

10

 

Part 14)

  
 

relevant foreign income

section 989

 
 

the relevant holding (in Chapter 4 of Part 6)

section 286(1)

 
 

relevant investment (in Chapter 2 of Part 15)

section 856

 
 

the relevant shares (in Part 5)

section 157(1)

 

15

 

relevant transaction (in Chapter 2 of Part 13)

section 715

 
 

relevant transfer (in Chapter 2 of Part 13)

section 716(1)

 
 

relevant withholding tax (in Chapter 2 of Part

section 590

 
 

11)

  
 

repo (in Part 11)

section 569

 

20

 

the repurchase price of the securities (in Chapter

section 606(7)

 
 

4 of Part 11)

  
 

retail prices index

section 989

 
 

the rules about manufactured payments (in

section 606(8)

 
 

Chapter 4 of Part 11)

  

25

 

savings income

section 18

 
 

savings rate

section 7 (as applied by

 
  

section 989)

 
 

Schedule A business

section 989

 
 

scheme administrator

section 989

 

30

 

section 946 payment (in Chapter 15 of Part 15)

section 945(1)

 
 

securities (in relation to a company) (in Chapters

section 285(2)

 
 

3 to 6 of Part 6, but see sections 317(4) and 328(2))

  
 

securities (in Part 12)

section 619

 
 

securities (in Chapter 1 of Part 13)

section 713

 

35

 

 

Income Tax Bill
Schedule 4 — Index of defined expressions

726

 
 

securities of the same kind (in Part 12)

section 619(6)

 
 

settled property

section 466 (as applied

 
  

by section 989)

 
 

settlor

sections 467 to 473 (as

 
  

applied by section 989)

 

5

 

share (in Chapter 3 of Part 13)

section 772(3)

 
 

share (in Chapter 4 of Part 13)

section 789

 
 

shares (in Chapter 6 of Part 4)

section 151(1)

 
 

shares (in Part 6)

section 332

 
 

share loss relief (in Chapter 6 of Part 4)

section 131(1)

 

10

 

sideways relief (in Chapter 2 of Part 4)

section 60(4)

 
 

sideways relief (in Chapter 3 of Part 4)

section 103(1)

 
 

sideways relief (in Chapter 5 of Part 13)

section 790(3)

 
 

single company (in Part 5)

section 257(1)

 
 

single company (in Part 6)

section 332

 

15

 

the 6 year period (in Chapter 6 of Part 7)

section 359(3)

 
 

spouse (in Chapter 6 of Part 4)

section 151(1)

 
 

starting rate

section 6(2) (as applied

 
  

by section 989)

 
 

starting rate limit

section 20(1) (as

 

20

  

applied by section 989)

 
 

stock lending arrangement (in Part 11)

section 568

 
 

subsidiary (in Chapter 1 of Part 8)

section 401(3)

 
 

51% subsidiary

section 989

 
 

75% subsidiary

section 989

 

25

 

the successor company (in Chapter 5 of Part 6)

section 323(3)

 
 

surrender (in the application of this Act to

section 1008

 
 

Scotland)

  
 

tax credit

section 989

 
 

tax enactments (in Chapter 5 of Part 6)

section 325

 

30

 

tax relief certificate (in Part 7)

section 348(1)

 
 

tax year

section 4(2) (as applied

 
  

by section 989)

 
 

 

 
previous section contents continue
 
House of Commons home page Houses of Parliament home page House of Lords home page search page enquiries

© Parliamentary copyright 2007
Revised 5 February 2007