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Legislation
Income Tax (Earnings and Pensions) Act 2003

Crossheading Other tax consequences

  • Section 515 Tax advantages and charges under other Acts
  1. Other tax consequences
  2. Tax advantages and charges under other Acts

Section 515 | Tax advantages and charges under other Acts

From legislation.gov.uk

(1)Repealed

(2)SIPs are also dealt with in—

(a)Part 1 of Schedule 7D to TCGA 1992 (which provides for relief from capital gains tax for the trustees and for participants in relation to a Schedule 2 SIP in certain circumstances, including where shares cease to be subject to the plan), ...F1

(b)section 95 of FA 2001 (which contains relief from stamp duty and stamp duty reserve tax for transfers of partnership or dividend shares) , ...F2

(c)sections 392 to 395 and 405 to 408 of ITTOIA 2005 (SIPs: special rules for charges under Chapters 3 and 4 of Part 4 of that Act (dividends etc. from UK or non-UK resident companies etc.)) and section 770 of that Act (exemption for amounts applied by SIP trustees acquiring dividend shares or retained for reinvestment), ...F2F3

(d)Chapter 5 of Part 9 of ITA 2007 (which provides for section 479 of that Act not to apply to income of the trustees of a Schedule 2 SIP in certain circumstances), andF3F4F5

(e)Chapter 1 of Part 11 of CTA 2009 (share incentive plans)F5

(3)Repealed

Notes

  1. F1

    Words in s. 515(2)(a) substituted (6.4.2014) by Finance Act 2014 (c. 26), Sch. 8 paras. 12, 89 (with Sch. 8 paras. 90-96)

  2. F2

    S. 515(2)(c) and word inserted (6.4.2005) by Income Tax (Trading and Other Income) Act 2005 (c. 5), s. 883(1), Sch. 1 para. 604(4) (with Sch. 2)

  3. F3

    S. 515(2)(d) and word inserted (6.4.2007) by Income Tax Act 2007 (c. 3), s. 1034(1), Sch. 1 para. 439(3)(b) (with Sch. 2)

  4. F4

    Words in s. 515(2)(d) substituted (6.4.2014) by Finance Act 2014 (c. 26), Sch. 8 paras. 12, 89 (with Sch. 8 paras. 90-96)

  5. F5

    S. 515(2)(e) and word inserted (with effect in accordance with s. 1329(1) of the amending Act) by Corporation Tax Act 2009 (c. 4), s. 1329(1), Sch. 1 para. 554(3)(b) (with Sch. 2 Pts. 1, 2)

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