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Contents

Legislation
Finance (No. 2) Act 2017
  • Introduction
  • PART 1 Direct taxes
  • PART 2 Indirect taxes
  • PART 3 Fulfilment businesses
  • PART 4 Administration, avoidance and enforcement
  • PART 5 Final
  • SCHEDULE 1 Social investment tax relief
  • SCHEDULE 2 Trades and property businesses: calculation of profits
  • SCHEDULE 3 Trading and property allowances
  • SCHEDULE 4 Relief for carried-forward losses
  • SCHEDULE 5 Corporate interest restriction
  • SCHEDULE 6 Relief for production of museum and gallery exhibitions
  • SCHEDULE 7 Trading profits taxable at the Northern Ireland rate
  • SCHEDULE 8 Deemed domicile: income tax and capital gains tax
  • SCHEDULE 9 Settlements and transfer of assets abroad: value of benefits
  • SCHEDULE 10 Inheritance tax on overseas property representing UK residential property
  • SCHEDULE 11 Employment income provided through third parties: loans etc outstanding on 5 April 2019
  • SCHEDULE 12 Trading income provided through third parties: loans etc outstanding on 5 April 2019
  • SCHEDULE 13 Imported goods fulfilment businesses: penalty
  • SCHEDULE 14 Digital reporting and record-keeping for income tax etc: further amendments
  • SCHEDULE 15 Partial closure notices
  • SCHEDULE 16 Penalties for enablers of defeated tax avoidance
  • SCHEDULE 17 Disclosure of tax avoidance schemes: VAT and other indirect taxes
  • SCHEDULE 18 Requirement to correct certain offshore tax non-compliance
  1. UK legislation
  2. Finance (No. 2) Act 2017

Finance (No. 2) Act 2017

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.

[16th November 2017]

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 Taxable benefits: time limit for making good
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