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Contents

Legislation
Finance Act 1986
  • Introduction
  • PART I Customs and Excise and Value Added Tax
  • Part II Income Tax, Corporation Tax and Capital Gains Tax
  • PART III STAMP DUTY
  • Part IV Stamp Duty Reserve Tax
  • PART V INHERITANCE TAX
  • PART VI OIL TAXATION
  • Part VII Miscellaneous and Supplementary
  • SCHEDULE 1
  • SCHEDULE 2 Vehicles Excise Duty: Miscellaneous Amendments
  • SCHEDULE 3 Warehousing Regulations
  • SCHEDULE 4 Extension to Northern Ireland of Provisions of Betting and Gaming Duties Act 1981
  • SCHEDULE 5 Licences Under the Customs and Excise Acts
  • SCHEDULE 6
  • SCHEDULES 7, 8. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
  • SCHEDULE 9 Business Expansion Scheme
  • SCHEDULES 10–12. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
  • SCHEDULES 13–:16. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
  • SCHEDULE 17. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
  • SCHEDULE 18 Securities: Other Provisions
  • SCHEDULE 19 INHERITANCE TAX
  • SCHEDULE 20 GIFTS WITH RESERVATION
  • SCHEDULE 21 Modifications of Finance Act 1982, Schedule 18 in Relation to Elections Under Section 109 of this Act
  • SCHEDULE 22 Broadcasting: Additional Payments by Programme Contractors
  • SCHEDULE 23 Repeals
  1. Finance Act 1986
  2. Introduction

Introduction

From legislation.gov.uk

An Act to grant certain duties, to alter other duties, and to amend the law relating to the National Debt and the Public Revenue, and to make further provision in connection with Finance.

[25th July 1986]

Most Gracious Sovereign, WE, Your Majesty’s most dutiful and loyal subjects, the Commons of the United Kingdom in Parliament assembled, towards raising the necessary supplies to defray Your Majesty’s public expenses, and making an addition to the public revenue, have freely and voluntarily resolved to give and grant unto your Majesty the several duties hereinafter mentioned; and do therefore most humbly beseech Your Majesty that it may be enacted, and be it enacted by the Queen’s most Excellent Majesty, by and with the advice and consent of the Lords Spiritual and Temporal, and Commons, in this present Parliament assembled, and by the authority of the same, as follows:—

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