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Contents

Legislation
Finance Act 1993
  • Introduction
  • Part I Customs and Excise and Value Added Tax
  • Part II Income Tax, Corporation Tax and Capital Gains Tax
  • Part III Oil Taxation
  • Part IV Inheritance Tax
  • Part V Stamp Duty
  • Part VI Miscellaneous and General
  • SCHEDULE 1 Table of rates of duty on wine and made-wine
  • SCHEDULE 2 Value added tax: penalties etc.
  • SCHEDULE 3 Car and car fuel benefits: 1994-95 onwards
  • SCHEDULE 4 Vans
  • SCHEDULE 5 Removal expenses and benefits
  • SCHEDULE 6 Taxation of distributions: supplemental provisions
  • SCHEDULE 7 Relief on retirement or re-investment
  • SCHEDULE 8 Restriction on set-off of pre-entry losses
  • SCHEDULE 9 OVERSEAS LIFE INSURANCE COMPANIES: AMENDMENT OF TAXES ACT 1988 ETC
  • SCHEDULE 10 Overseas life insurance companies: amendment of Finance Act 1989
  • SCHEDULE 11 OVERSEAS LIFE INSURANCE COMPANIES: AMENDMENT OF TAXATION OF CHARGEABLE GAINS ACT 1992
  • SCHEDULE 12
  • SCHEDULE 13 First-year allowances for machinery and plant
  • SCHEDULE 14 Pay and file: miscellaneous amendments
  • SCHEDULE 15 Exchange gains and losses: alternative calculation
  • SCHEDULE 16 Exchange gains and losses: transitionals
  • SCHEDULE 17 Exchange gains and losses: chargeable gains
  • SCHEDULE 18 Exchange gains and losses: amendments
  • SCHEDULE 19 Lloyd’s underwriters: assessment and collection of tax
  • SCHEDULE 20 Lloyd’s underwriters: special reserve funds
  • SCHEDULE 20A Lloyd’s underwriters: conversion to underwriting through partnership or company
  • SCHEDULE 20B PRT: elections for oil fields to become non-taxable
  • SCHEDULE 21 Oil taxation: supplementary provisions about information
  • SCHEDULE 22 Trading funds
  • SCHEDULE 23 Repeals
  1. Finance Act 1993
  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.

[27th July 1993]

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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