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Contents

Legislation
Finance Act 2007
  • Introduction
  • Part 1 Charges, rates, thresholds etc
  • Part 2 Environment
  • Part 3 Income tax, corporation tax and capital gains tax
  • Part 4 Pensions
  • Part 5 SDLT, stamp duty and SDRT
  • Part 6 Investigation, administration etc
  • Part 7 Miscellaneous
  • Part 8 Final provisions
  • SCHEDULE 1 Remote gaming duty
  • SCHEDULE 2 Climate change levy: reduced-rate supplies etc
  • SCHEDULE 3 Managed service companies
  • SCHEDULE 4 Restrictions on trade loss relief for partners
  • SCHEDULE 5 Avoidance involving financial arrangements
  • SCHEDULE 6 Companies carrying on business of leasing plant or machinery
  • SCHEDULE 7 Insurance business: gross roll-up business etc
  • SCHEDULE 8 Insurance companies: basis of taxation etc
  • SCHEDULE 9 Insurance companies: transfers etc
  • SCHEDULE 10 Insurance companies: miscellaneous
  • SCHEDULE 11 Technical provisions made by general insurers
  • SCHEDULE 12 Friendly societies: transfers to insurance companies etc
  • SCHEDULE 13 Sale and repurchase of securities
  • SCHEDULE 14 Sale and repurchase of securities: minor and consequential amendments
  • SCHEDULE 15 Controlled foreign companies
  • SCHEDULE 16 Venture capital schemes etc
  • SCHEDULE 17 Real Estate Investment Trusts
  • SCHEDULE 18 Pensions schemes: abolition of relief for life assurance premium contributions etc
  • SCHEDULE 19 Alternatively secured pensions and transfer lump sum death benefit etc
  • SCHEDULE 20 Pension schemes etc: miscellaneous
  • SCHEDULE 21 Exemptions from stamp duty and SDRT: intermediaries, repurchases etc
  • SCHEDULE 22 Amendments and repeals consequential on extension of HMRC powers
  • SCHEDULE 23 Extension of HMRC powers: Scotland
  • SCHEDULE 24 Penalties for errors
  • SCHEDULE 25 Amendments connected with Gambling Act 2005
  • SCHEDULE 26 Meaning of "recognised stock exchange" etc
  • SCHEDULE 27 Repeals
  1. UK legislation
  2. Finance Act 2007

Finance Act 2007

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.

[19th July 2007]

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 to 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:—

Begin readingSection 1 Charge and rates for 2007-08
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