Corporation Tax Bill

House of Commons

Session 2008 - 09
Internet Publications
Other Bills before Parliament

Corporation Tax Bill

Corporation Tax Bill
Schedule 4 — Index of defined expressions
813

qualifying overseas transfer
section 431(2) of ICTA

(as modified by

regulation 6(5) of the

Overseas Life

Insurance Companies

5

Regulations 2006 (S.I.

2006/3271))

qualifying policy
section 832(1) of ICTA

qualifying R&D activity (in Chapter 7 of Part 13)
section 1086

R&D threshold (in Chapter 2 of Part 13)
section 1050

10

R&D threshold (in Chapter 3 of Part 13)
section 1064

R&D threshold (in Chapter 4 of Part 13)
section 1069

R&D threshold (in Chapter 5 of Part 13)
section 1075

R&D threshold (in Chapter 7 of Part 13)
section 1097

the real interest (in Chapter 9 of Part 6)
section 539(5)

15

realisation (in relation to an asset) (in Part 8)
section 856

realisation (in relation to an intangible fixed
section 734

asset) (in Part 8)

receipt period (of a receipt) (in Chapter 4 of Part
section 228(6)

4)

20

receipts and expenses (in the context of the
section 48 (including

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

vocation or of a property business)
210)

the recipient (in Part 12)
section 1005

recognised (in relation to an amount) (in Part 8)
section 716(1)

25

recognised stock exchange
section 841(1) of ICTA

the redemption return condition (in Chapter 7 of
section 529

Part 6)

reduction under section 228 by reference to a
section 230(6)

taxed receipt (in Chapter 4 of Part 4)

30

referable (of income or gains or losses of
section 432A of ICTA

insurance companies)

registered industrial and provident society
section 834(1) of ICTA

registered pension scheme
section 150(2) of FA

2004 (as applied by

35

section 832(1) of ICTA)

related party (in Part 8)
section 835

Corporation Tax Bill
Schedule 4 — Index of defined expressions
814

related transaction (in Parts 5 and 6)
section 304

related transaction (in Part 7)
section 596

release debit (in Chapter 6 of Part 5)
section 353(3)

release debit (in Chapter 7 of Part 5)
section 364(4)

relevant connection (in Part 14)
section 1178

5

relevant consortium creditor relationship (in
section 371(1)

Chapter 7 of Part 5)

relevant contract (in Part 7)
section 577

relevant contract of a company (in Part 7)
section 578

relevant credits (in Chapter 7 of Part 7)
section 659

10

relevant debits (in Chapter 7 of Part 7)
section 659

the relevant employment (in Part 12)
section 1005

relevant land remediation (in Part 14)
section 1146

relevant non-lending relationship (in Chapter 2
sections 479 and 480

of Part 6)

15

relevant payment to a subject of a clinical trial (in
section 1140

Part 13)

relevant research and development (in Part 13)
section 1042

relevant tax year (in relation to an amount of
section 946(5)

estate income) (in Chapter 3 of Part 10)

20

relief event (in Chapter 5 of Part 12)
section 1031(3)

rent (in Chapter 7 of Part 4)
section 271(3)

rent (in Chapter 8 of Part 4)
section 278(3)

rent receivable for a UK electric-line wayleave
section 278

(in Chapter 8 of Part 4)

25

rent receivable in connection with a UK section
section 271

39(4) concern (in Chapter 7 of Part 4)

research and development (abbreviated as
section 837A of ICTA

“R&D”) (in Part 13)
(as applied by section

1041)

30

resident in a member State (in Chapter 13 of Part
section 430(2)

5)

resident in a member State (in Chapter 14 of Part
section 439(2)

5)

Corporation Tax Bill
Schedule 4 — Index of defined expressions
815

resident in a member State (in Chapter 9 of Part
section 681(2)

7)

resident in a member State (in Chapter 10 of Part
section 688(2)

7)

the residuary income of the estate (in Chapter 3
section 949(1)

5

of Part 10)

restricted shares (in Part 12)
section 1005

retail prices index
section 1319

reversal amount (in Part 16)
section 1230

reversion (in the application of Chapter 4 of Part
section 247(3)

10

4 to Scotland)

rights and powers (in relation to a person) (in
section 839

Chapter 12 of Part 8)

rights under a loan relationship (in Part 5)
section 305(2), (3)

royalty (in Part 8)
section 714

15

sale of an animal (in Chapter 8 of Part 3)
section 111(3)

sale of know-how (in Chapter 13 of Part 3)
section 176(5)

sale of property (in Part 9)
sections 928(1) and

929(1)

sale or transfer of trading stock (in Chapter 11 of
section 163(3)

20

Part 3)

sale proceeds of an animal (in Chapter 8 of Part
section 111(4)

3)

SCE
section 1319

SE
section 1319

25

securities (in Chapter 10 of Part 6)
section 556(1)

securities house (in Part 7)
section 709

the separate film trade (in Chapters 2, 3 and 5 of
section 1188 (and

Part 15)
sections 1195(5) and

1212(1))

30

share (in Part 5 and in Part 6 except for Chapter 7
section 476(1)

of that Part)

share (in Chapter 7 of Part 6)
section 522(6)

the share (in Chapter 7 of Part 6)
section 523(4)

share being subject to third party obligations (in
section 524(2)

35

Chapter 7 of Part 6)

Corporation Tax Bill
Schedule 4 — Index of defined expressions
816

share incentive plan (in Chapter 1 of Part 11)
section 488(4) of ITEPA

2003 (see section 984(1)

and (2) of this Act)

share of residuary income of estate (in Chapter 3
section 950

of Part 10)

5

shares (in Part 7)
section 710

shares (in Chapter 1 of Part 11)
paragraph 99(2) of

Schedule 2 to ITEPA

2003 (and, in the

context of a new

10

holding, paragraph

87(6) of that Schedule)

(see section 984(1) and

(2) of this Act)

shares (in Part 12)
section 1003

15

short-term lease (in Chapter 4 of Part 4)
section 216

similar securities (in Chapter 10 of Part 6)
section 556(2)

small or medium-sized enterprise (abbreviated
sections 1119 and 1120

as “SME”) (in Part 13)

software or consumable items (in Part 13)
section 1125

20

special film relief (in Chapter 5 of Part 15)
section 1212(1)

staffing costs (in Part 13)
section 1123

staffing costs (in Part 14)
section 1170

standing in the position of a creditor (as respects
section 379(1)

a loan relationship) (in Chapter 8 of Part 5)

25

statement of changes in equity (in Parts 5 and 6)
section 476(1)

statement of changes in equity (in Part 7)
section 710

statement of comprehensive income (in Parts 5
section 476(1)

and 6)

statement of comprehensive income (in Part 7)
section 710

30

statement of income and retained earnings (in
section 476(1)

Parts 5 and 6)

statement of income and retained earnings (in
section 710

Part 7)

statement of recognised income and expense (in
section 476(1)

35

Parts 5 and 6)

statement of recognised income and expense (in
section 710

Part 7)

Corporation Tax Bill
Schedule 4 — Index of defined expressions
817

statement of total recognised gains and losses (in
section 476(1)

Parts 5 and 6)

statement of total recognised gains and losses (in
section 710

Part 7)

statutory insolvency arrangement
section 834(1) of ICTA

5

sub-contractor payment (and sub-contractor) (in
section 1133(1)

Part 13)

sub-contractor payment (and sub-contractor) (in
section 1174(3)

Chapter 6 of Part 14)

subsidiary (of a holding company) (in Chapter 7
section 371(1)

10

of Part 5)

subsidiary (in Part 8)
section 764(3)

51% subsidiary
section 838(1)(a) of

ICTA

75% subsidiary
section 838(1)(b) of

15

ICTA

75% subsidiary (in Chapter 8 of Part 8)
section 838(1)(b) of

ICTA and section 773

subsidised expenditure (in Part 13)
section 1138

subsidised expenditure (in Part 14)
section 1177

20

substance (in Part 14)
section 1179

substantial part of a herd (in Chapter 8 of Part 3)
section 111(6)

surrender (in the application of the Act to
section 1320(1)

Scotland)

tax advantage (in Parts 5 and 6)
section 840ZA of ICTA

25

(as applied by section

476(1))

tax-neutral (in relation to a transfer) (in Part 8)
section 776

tax written-down value (in relation to an asset)
Chapter 5 of Part 8

(in Part 8)

30

tax year
section 1319

the tax year 2009-10 etc
section 1319

taxed lease (in Chapter 4 of Part 4)
section 227(4)

taxed receipt (in Chapter 4 of Part 4)
section 227(4)

third party obligations (in the case of a share) (in
section 524(3)

35

Chapter 7 of Part 6)

Corporation Tax Bill
Schedule 4 — Index of defined expressions
818

total profits
section 834C of ICTA

trade
section 832(1) of ICTA

trade (in Part 2)
section 33

trade (in Parts 5 and 6)
section 298(3)

trading stock (in relation to a trade) (in Chapter
section 156

5

10 of Part 3)

trading stock (in relation to a trade) (in Chapter
section 163

11 of Part 3)

the transfer of business (in Chapter 13 of Part 5)
section 421(6)

the transfer of business (in Chapter 9 of Part 7)
section 674(4)

10

the transferee (in Chapter 4 of Part 5)
sections 336(5) and

337(7)

transferee (in Chapter 13 of Part 5)
section 421(6)

the transferee (in Chapter 14 of Part 5)
section 432(1)

transferee (in Chapter 9 of Part 7)
section 674(4)

15

the transferee (in Chapter 10 of Part 7)
section 683(1)

the transferor (in Chapter 4 of Part 5)
sections 336(5) and

337(7)

the transferor (in Chapter 13 of Part 5)
section 421(6)

transferor (in Chapter 14 of Part 5)
section 432(2)

20

the transferor (in Chapter 9 of Part 7)
section 674(4)

transferor (in Chapter 10 of Part 7)
section 683(2)

tribunal
section 832(1) of ICTA

the trustees (in Chapter 1 of Part 11)
paragraphs 2(2) and

71(1) of Schedule 2 to

25

ITEPA 2003 (see

section 984(1) and (2)

of this Act)

UK estate (in Chapter 3 of Part 10)
section 936(1)

UK expenditure (in Part 15)
section 1185

30

UK generally accepted accounting practice
section 832(1) of ICTA

and section 50(4) of FA

2004

UK property business
section 205

Corporation Tax Bill
Schedule 4 — Index of defined expressions
819

UK property business loss (in Part 14)
section 392A of ICTA

(as applied by section

1179)

UK resident (and references to a UK resident or a
section 1319

UK resident company)

5

Ulster Savings Certificates (in Part 19)
section 1282(6)

umbrella company (in Chapter 3 of Part 6)
section 468A(4) of

ICTA (as applied by

section 488(2))

underlying subject matter (in Part 7)
section 583

10

unit holder
section 468(6) of ICTA

(as applied by section

832(1) of that Act)

unit trust scheme
section 1007 of ITA

2007 (as applied by

15

section 832(1) of ICTA)

United Kingdom
section 830(1) of ICTA

unreduced amount (of a taxed receipt) (in
sections 230(2) to (4)

Chapter 4 of Part 4)

unremittable (in relation to income) (in Part 18)
section 1274(2)

20

unused amount (of a taxed receipt) (in Chapter 4
section 230(1), (5)

of Part 4)

venture capital trust
section 834(1) of ICTA

warrant (in Part 7)
section 710

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

25

woodlands
section 1317(4)