Acclerated payments and group payments

Accounting period

Accounting periods

Accounting provision for future guarantee liabilities made by holding company of property-holding subsidiary

Accounting, currency to be used

Accounts, failure to comply with notices to produce

Acquisition of company with accrued losses by company carrying on similar trade

Acquisition of partnership interests

Advance corporation tax

Generally

Allowable deduction in computing profits to be charged to corporation tax

Allowable loss

Amendments of Taxation of Chargeable Gains Act 1992

Animation, additional relief

Anti-avoidance

Arbitrage

Generally

International movement of capital

Restrictions on transaction

Tax arbitrage

Transactions between dealing and associated companies

Transactions in securities

Transfer of income streams

Transfer pricing

Anti-avoidance rules, close companies

Appeal against a corporation tax late filing penalty

Appeal against amendments made by closure notices

Appeal against late filing penalties, a tax determination and an interest assessment

Appeal against penalties for a late corporation tax return

Appellant's activity in developing an office property as trading activity or investment

Application for closure notice

Application for permission to appeal late

Application for postponement of tax

Application of anti-loss buying restriction to group relief in Finance Act 1994

Application of FA 2002, Sch. 26, para. 28

Application to make appeal out of time

Application to strike-out under Tribunal Procedure (First-tier Tribunal) Rules 2009

Apportionment of interest of foreign-controlled company, double taxation relief

Arbitrage

Arbitrage rules applied, recalculation of income for corporation tax purposes

Arrangements offering a choice of capital or income return

Assessment

Assessments

Appeal, new evidence

Application for postponement of tax due in Scotland

Basis of receipt of funds

Discovery assessment made before enquiry opened

Error, appeal

Estimated

Failure of fiscal minimisation scheme

Further, agreement

Generally

HMRC issuing notice to file company tax returns

Leave to raise, time-limit

Penalty determination

Associated companies

Attribution of profits

Augmented profits

Augmented profits, meaning

Authorised investment funds, participants in

Authorised unit trusts

Avoidance scheme, legal professional privilege

Avoidance schemes of corporate profits

Avoidance, company purchase scheme

Avoiding tax

Bank levy

Basis of and periods for assessment

Bodies liable to

Building societies

Building societies, charge

Business structure

Calculation of tax due

Capital allowances

Cost of construction of car valeting bay, not an expense on plant

Plant and machinery

Writing-down

Capital allowances and charges

Capital gains

Capital gains tax principles

Exemptions

Operation of enactments

Timing

Car hire

Careless or deliberate conduct

Carried interest

Carried-forward losses

Case stated, amendment of draft case

Change in company ownership

Change in local currency

Changes in trading stock not made in course of trade

Charge

Accounting period

Amounts arising

Assessments

Calculation of amount to which rates applied

Capital gains tax, exclusion of charge

Coming within charge

Commencement of carrying on business

Currency to be used

– see Currency

Deductions generally

Fiduciary or representative capacity

Fiduciary/representative capacity, amounts received in

Fiscal year, for 2016

Generally

How tax is charged

Income tax, exclusion of charge

Meaning

Non-UK resident companies

Notice of coming within

Notification of chargeability

Profits chargeable

Profits, meaning

Rates

Residence

Source of income

Territorial scope

Trade profits

– see Trade profits

Trade to include office

Trusts, amounts receivable

Trusts, profits accruing under

Winding-up, amounts arising in the course

Chargeable amount, aggregation

Chargeable gains

Charges on income

Amounts paid

Annuities and annual payments, conditions specific to pre-16 March 2005

Charitable donations

Generally

Meaning

Relief for

Claim as revenue deduction

Claim for capital allowances in respect of ships, end sub-lease was to a non-UK resident user

Claims

Capital allowances

Consequential claims

Friendly societies

Generally

Group relief

Insurance companies

Late claims

Making or amending

Overpaid

Time limits

Claims and elections, time-limits

Claims, time limits

Close companies

Apportionment of income among participators

Investment

Loan to participator

Misappropriation of funds by director

Shareholder agreement

Subscription for shares payable by instalments

Close investment holding companies

Closure notice and amendment

Club's liability as unincorporated association

Coming within charge

Generally

Obligation of company to give notice

Community amateur sports clubs

Companies' appeals in respect of deductibility of contributions made to the EBTs

Company is associated with another company

Company mergers

– see Mergers

Company reconstructions

Company subject to tax without the possibility of an option or of being exempt

Complex group litigation

Costs of first reference to the ECJ

Costs of liability proceedings

Computation of income, income tax principles

Computation of profits

Point of law

Temporary employment subsidy

Computational rules for property businesses

Concept of income

Controlled foreign companies

Controlled foreign companies charge

Abolition of relief

Counteraction of avoidance arrangements, losses

Credit for UK or foreign tax on same profits

Credits for tax

– see Tax credits

Currency to be used

– see Currency

De-grouping charges

Debt

Declaration under Taxation of Chargeable Gains Act 1992, s. 153A ceasing to have effect

Deductions

– see also Deductions

Dispositions allowable as

Restriction on

Deemed charge under Income and Corporation Taxes Act of 1988 (‘ICTA 1988')

Deemed loan transactions under Income and Corporation Taxes Act of 1988 (‘ICTA 1988')

Defences against discovery assessments

Deferred payments to subcontractor

Demergers

– see Demergers

Denied claim for terminal loss relief

Deposit-takers

Depreciation in stock, adding back of amount deducted

Derivative contracts

– see also Derivative contracts

Amendments of Part 7 of CTA 2009

Generally

Matters in respect of which amounts are to be brought into account

Determinations

Determinations and assessments by HMRC

Discovery (meaning of)

Discovery assessment

Validity

Disguised distribution arrangements

Derivative contracts

Disguised investment management fees

Disincorporation relief

Dispensation regime, abolition of

Disposal of qualifying corporate bonds

Dispositions allowable as deductions

Dispositions allowable for

Distributions

– see also Distributions; Dividends

Generally

Diverted profit tax

Diverted profits

Dividends

– see Dividends

Documents

Responsibility for

Service of

Double tax relief

Double taxation arrangements, giving effect to

Double taxation relief

Before set-off of advance corporation tax

Charges on income

Dividends

Income and Corporation Taxes Act 1988, s. 18, Sch. D, Case V and Pt. XVIII

Insurance company Case I profit/pension business

Onward dividend to UK parent

Remuneration under contract, unilateral relief

Repayment of loans

Resulting reserve paid by way of dividend to overseas subsidiary

Series of intra-group transactions leading to declaration of dividends by overseas subsidiaries

Share subscription by overseas subsidiary in UK subsidiary

Shares cancelled by reduction in capital

Underlying limited to tax paid on true dividends taken to profit

Due and payable dates

Due dates for payment

Effect of settlement on scope and possible conclusions of enquiry

Effective marginal rates

Election of designated currency by UK resident investment company

Elections, time limits

Employee share ownership trusts

Employee shares schemes

Enquiries

– see Enquiries

Enquiry closure notices issued denying tax deduction for derecognition debit under CTA 2009

Enquiry notice on anniversary date of day on which return filed

Exemption

Exemptions

Amounts which would otherwise be deductible

Bereavement support payment

Board and lodging provided to carers

Dividends or other distributions

FOTRA securities

Generally

Housing grants

Incentives to use electronic communications

Savings certificates

VAT repayment supplement

Expenditure on research and development

Amount of relief

Consumable items

Expense of liquidation

Expenses of management

Extension of benefits code except in relation to certain minister of religion

Failure to file returns on time

Filing annual return

Filed in wrong computer format

Filing deadlines

Film tax relief

Film, additional relief

Fixed place of business

Foreign field

Foreign income dividends

Foreign permanent establishment of UK-resident companies

Franked investment income

Generally

Franked investment income, meaning

Free movement of capital

Freedom of establishment

Friendly societies

From, meaning in Finance Act 1998, Sch. 18, para. 24(2)

Generally

Gift aid

Gifts to the nation

Group relief

Group relief (excessive)

Group relief: payments received for non-supplies

Groups

Historical background

HMRC's purported amendment of taxpayer's self-assessment return

Holdings treated as rights

Imputation system

Income

Annual payments not otherwise charged

Bad debts

Beneficiaries' estate income

Concept of

Contemplative communities

Derivative contracts

Dividends of non-UK resident companies

Exemption from corporation tax

Financial futures, gains on

Foreign dividend coupons, sale of

Intangible fixed assets

Intellectual property

Loan relationships

Miscellaneous income

Not otherwise charged

Office holders

Pool betting duty

Property income

Religious communities

Trading income

Types of

Unauthorised unit trusts, distributions from

Woodlands, commercial occupation

Incorporation of reference to assessment and amendment powers in Finance Act 1998, Sch. 18

Indexation allowance

Ineligible companies

Meaning of

R&D expenditure credits

Instalment payments

Insufficiency of disclosure

Insurance companies

Intangible fixed assets

Generally

Intellectual property

Interaction with other taxes

Interest

Overdue tax

Overdue/underpaid

Overpaid tax

Intermediaries

Intra-group debt outstanding

Intra-group repo transaction for tax deduction

Investment business

Investment companies

Investment life insurance contracts

JV loan financing

Key man insurance policy proceeds

Know-how, disposal of

Land remediation relief

Late filing penalties

Legislation

Liability

Limits on credit for foreign tax

Amount of

Anti-avoidance provisions

Banks, or connected with a bank

Derivative contracts, hedging relationship

Generally

Intangible fixed assets

Loan relationships

Permanent establishment, profits attributable to

Portfolios of transactions/arrangements/assets

Royalty income

Trade income

Loan relationships

– see also Loan relationships

Generally

Loan to employees under employee share scheme made by companies

Loans to participators

Local authorities

Loss relief

– see Loss relief

Loss relief against total profits

Losses

– see also Losses; Trading losses

'transfer of deduction' TAAR

Agreements to forgo tax relief

Bank failures

Change in company ownership

Change of trader without change in ownership

Corporate venture scheme

Dealings in commodity futures

Film production companies

Generally

HMRC toolkit

Leasing plant and machinery

Miscellaneous transactions

Non-resident companies receiving tax-exempt income

Non-trading losses

Offshore funds

Property business

Schedule D, Case V losses

Schedule D, Case VI

Tonnage tax

Trading losses

Write-off of Government investment

Lump sum release payments

Lump sums provided under armed forces early departure scheme

Main object, or one of the main objects, obtain writing down capital allowances

Main rate

Major change in nature or conduct of trade or business, meaning

Marginal relief

Miscellaneous bodies

Miscellaneous loss relief

Miscellaneous profits and losses

Non-corporate distribution rate

Non-corporate distribution rate, abolition

Non-resident companies

Non-resident companies liability to

Non-resident company, profits from UK branch or agency

Northern Irish rate

Notice of coming within charge

Notices to file company tax returns

Notional profits on currency translations

Nuclear Decommissioning Authority, exemption from tax

Offset of CIS repayments against

Oil companies

Supplementary charge on ring fence profits

Oil extraction and related activities

– see Oil taxation

Open-ended investment companies

Overdue, interest on

– see Interest

Overpaid

Interest

– see Interest

Recovery

Overpaid, recovery

Overpayments by customers, sums transferred to profit and loss account

Overseas life assurance company

Overview of legislation

Parking fines

Patent profits election (patent box)

Patent rights

Computation of profit

Licences connected with patents

Partnerships

Relief for expenses

Spreading rules

Pay and file

– see also Pay and file

Generally

Payment by a company of a facility amount under an Employee Participation Scheme

Payment of advertising costs

Full amount not paid

Payment of tax

Business Payment Support Service

Difficulties in paying

Due date

Due dates

Groups of companies

Instalment payments

Managed payment plans

Method of

Overpaid/underpaid, interest on

Penalties

Quarterly instalment payments

Recovery of overpaid tax

Repayment claims

Payments in respect of supplies made in discontinued trades chargeable to tax as post-cessation receipts

Payments made wholly and exclusively for the purpose of trade

Penalties

– see also Penalties

Alleged negligent return

Documents

Failure to file company tax returns

Failure to notify chargeability

Group relief claimed under Finance Act 2007, Sch. 24

Late notification of chargeability

Late submission of return

Notification of commencement of trade

Records

Returns or accounts

Period of account

Permanent establishment

Foreign permanent establishment of UK-resident companies

Generally

Postponement pending appeal

Pre-trading expenditure

Preferential claims relating to back duty agreement, validity

Preliminary issue

Leave to appeal out of time

Procedure

Appeal against closure notice

Application for permission for extension of time to appeal to tribunal

Double taxation and imputation, triggered imcompatibility with EU law

Reliance on grounds for amendment not stated in closure notice

Remedies

Taxation treatment of national and foreign dividends

Profit appropriated to share premium account, excluded from scope of FA 1996, s. 84(2)(a)

Profit on loan notes subject to the charge to corporation tax under loan relationship rules

Profits chargeable

Profits from trade

Property income

Provision of free standing power for tax adjustments

Provisional collection

Purchase by company of own shares

Purchase of own shares

Purchase price of partnership interests, income or capital expenditure

Qualifying private placements

Quarterly instalment payments

Rates

Generally

Main rate

Real estate investment trusts

Realisation or disposal of rental streams

Reasonable grounds for believing appellant overcharged to tax

Reasonableness of continuing enquiry

Recalculated sum chargeable to corporation tax

Receipt of VAT repayment and associated interest

Receipts of payments in respect of overpaid VAT

Reconstructions and amalgamations

Records

Records, preservation of

Recovery by set off after abolition of advance corporation tax

Recovery of incorrect repayment

Recovery of tax

Regional development agencies, transfer schemes

Release of debts

Relief for income and chargeable gains

Remediation of contaminated and derelict land

Rent factoring scheme, assignment of future rent for discounted lump sum

Rental guarantee payments

Repayment of VAT plus interest, trading receipts

Repayment supplement

Repayment, rate of interest

Repayments, recovery

Research and development tax credits

Research and development, additional relief, expenditure credits

Residence

Restitution interest payments

Restitution Interest Tax Provisions

Generally

Restitution interest, definition

Restriction on relief for company members of LLPs

Restriction on reliefs for company limited partners

Retail prices index

Returns

– see Returns

Ring fence profits

Schedular system (pre-1 April 2009)

Generally

Schedule A

Schedule D, Case I

Schedule D, Case II

Schedule D, Case III

Schedule D, Case V

Schedule D, Case VI

Self-assessment

Controlled foreign companies

Determinations by HMRC

Due dates for payment of tax

Enquiries

– see Enquiries

Group relief

Groups of companies

Payment of tax

Penalties

Quarterly instalment payments

Recovery assessments

Repayment claims

Returns

– see Returns

Settle by agreement under Taxes Management Act 1970, s. 54

Ships

– see Ships

Small and medium enterprises

Small companies accounting records, failure to produce

Small companies rate-associated companies

Small companies' rate

Small companies' relief, associated company

Carrying on any trade or business

Control rights and powers

Family companies, control

Small profits rate

– see also Small profits rate

Generally

Sponsorship payments

Deductibility of expenditure

Dual purpose of benefiting sports club and taxpayer trade

Starting rate

Tax avoidance scheme

Creating large fair value loan relationship debit in parent company

Debits attributable to unallowable purpose

Loan relationships had unallowable purpose

Payment not for business purposes

Subsidiary incurred interest charges on novated loans

Use of total return swap over shares in subsidiary company

Value of shares depressed by novating liability for large loans to subsidiary

Tax credit

Partial imputation system

Tax credits

– see Tax credits

Tax devolution

Tax law rewrite project

Taxability of VAT repayment and associated simple interest

Falling due under a mistake-based claim for restitution

Falling due under statutory provisions of VATA 1994, s. 78 and 80

Taxable total profits, meaning

Taxes covered

Television tax relief

Activities treated as separate trade

Television, additional relief

Terminal film loss relief (excessive)

Terminal loss relief

Territorial extension of charge

Territorial scope

Theatrical productions, additional relief

Third party errors

Time charter of end user granted by a UK resident company, role satisfied the terms of Capital Allowances Act 2001

Time limits for claims, etc.

Time limits for discovery assessment

Tonnage tax

– see Tonnage tax

Total taxable profits, meaning

Trade of dealing in or developing UK land

Trading losses

– see also Trading losses

Loss for a later period

Loss for an earlier period

Trading stock

Transactions in securities

Transfer of an interest in a partnership to a capital company

Agreement on the prevention of double taxation

Preservation of balanced allocation of the power to impose taxes between Member States

Restriction on free movement of capital

Taxation of unrealised capital gains

Value of business asset as part of a going concern

Transfer of contingent, unrecognised, claim against third party to subsidiary in exchange for shares

Transfer of income streams

Transfer of intangible assets not arm's length

Transfer of losses of non-resident company

Trinidad, initial allowances for oil well workers

Unpaid/overdue, interest on

Unremittable income

Validity of amendment to return made under Finance Act 1998, Sch. 18, para. 34(2A)

Validity of discovery assessment (appeal)

Valuation of trading stock on cessation

Video games, additional relief

Where companies made an advance to employees under scheme

Where debt has any value before occurrence of contingent event

Where employees incurred a debt under scheme

Wholly and exclusively incurred for trading purposes

Winding-up