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Contents

Legislation
Finance Act 2021
  • Introduction
  • PART 1 Income tax, corporation tax and capital gains tax
  • PART 2 Plastic packaging tax
  • PART 3 Other taxes
  • PART 4 Miscellaneous and final
  • SCHEDULE 1 Small profits rate for non-ring fence profits
  • SCHEDULE 2 Temporary extension of periods to which trade losses may be carried back
  • SCHEDULE 3 R&D tax credits for SMEs
  • SCHEDULE 4 R&D tax credits for SMEs: Northern Ireland companies
  • SCHEDULE 5 Pension schemes: collective money purchase benefits
  • SCHEDULE 6 Construction industry scheme: amendments
  • SCHEDULE 7 Hybrid and other mismatches
  • SCHEDULE 8 Relief from corporation tax for losses and other amounts
  • SCHEDULE 9 Plastic packaging tax: secondary liability and assessment notices and joint and several liability notices
  • SCHEDULE 10 Plastic packaging tax: recovery and overpayments
  • SCHEDULE 11 Plastic packaging tax: reviews and appeals
  • SCHEDULE 12 Plastic packaging tax: information and evidence
  • SCHEDULE 13 Plastic packaging tax: groups of companies
  • SCHEDULE 14 Plastic packaging tax: assessment of penalties under section 80
  • SCHEDULE 15 Plastic packaging tax: amendments of other legislation
  • SCHEDULE 16 SDLT: increased rates for non-resident transactions
  • SCHEDULE 17 SDLT (relief from higher rate charge for certain housing co-operatives etc): minor and consequential amendments
  • SCHEDULE 18 VAT and distance selling: Northern Ireland
  • SCHEDULE 19 Deferring VAT payment by reason of the coronavirus emergency
  • SCHEDULE 20 Customs duty: steel products
  • SCHEDULE 21 Restriction of use of rebated diesel and biofuels
  • SCHEDULE 22 Capital allowances for freeport tax sites
  • SCHEDULE 23 Relief from stamp duty land tax for freeport tax sites
  • SCHEDULE 24 Penalties for failure to make returns etc
  • SCHEDULE 25 Penalties for deliberately withholding information
  • SCHEDULE 26 Penalties for failure to pay tax
  • SCHEDULE 27 Schedules 24 to 26: consequential provision
  • SCHEDULE 28 Follower notice penalties
  • SCHEDULE 29 Late payment interest and repayment interest: VAT
  • SCHEDULE 30 Amendments of Part 5 of FA 2014
  • SCHEDULE 31 Disclosure of tax avoidance schemes
  • SCHEDULE 32 The GAAR and partnerships
  • SCHEDULE 33 Licensing authorities: requirements to give or obtain tax information
  • SCHEDULE 34 Information powers: miscellaneous amendments
  1. UK legislation
  2. Finance Act 2021

Finance Act 2021

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.

[10th June 2021]

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 Income tax charge for tax year 2021-22
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