Income Tax Bill

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)