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Contents

Legislation
Finance Act 2015
  • Introduction
  • PART 1 Income tax, corporation tax and capital gains tax
  • PART 2 Excise duties and other taxes
  • PART 3 Diverted profits tax
  • PART 4 Other provisions
  • PART 5 Final provisions
  • SCHEDULE 1 Extension of benefits code except in relation to certain ministers of religion
  • SCHEDULE 2 Restrictions applying to certain deductions made by banking companies
  • SCHEDULE 3 Tax avoidance involving carried-forward losses
  • SCHEDULE 4 Pension flexibility: annuities etc
  • SCHEDULE 5 Relief for contributions to flood and coastal erosion risk management projects
  • SCHEDULE 6 Investment reliefs: excluded activities
  • SCHEDULE 7 Disposals of UK residential property interests by non-residents etc
  • SCHEDULE 8 Relevant high value disposals: gains and losses
  • SCHEDULE 9 Private residence relief
  • SCHEDULE 10 Plant and machinery allowances: anti-avoidance
  • SCHEDULE 11 Extension of ring fence expenditure supplement
  • SCHEDULE 12 Supplementary charge: investment allowance
  • SCHEDULE 13 Supplementary charge: cluster area allowance
  • SCHEDULE 14 Investment allowance and cluster area allowance: further amendments
  • SCHEDULE 15 Landfill tax: material consisting of fines
  • SCHEDULE 16 Recovery of unpaid diverted profits tax due from non-UK resident company
  • SCHEDULE 17 Disclosure of tax avoidance schemes
  • SCHEDULE 18 Accelerated payments: group relief
  • SCHEDULE 19 Promoters of tax avoidance schemes
  • SCHEDULE 20 Penalties in connection with offshore matters and offshore transfers
  • SCHEDULE 21 Penalties in connection with offshore asset moves
  1. Finance Act 2015
  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.

[26th March 2015]

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:—

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