Corporation tax
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
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
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
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
Currency to be used
De-grouping charges
Debt
Declaration under Taxation of Chargeable Gains Act 1992, s. 153A ceasing to have effect
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
Denied claim for terminal loss relief
Deposit-takers
Depreciation in stock, adding back of amount deducted
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
Generally
Diverted profit tax
Diverted profits
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
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
Generally
Loan to employees under employee share scheme made by companies
Loans to participators
Local authorities
Loss relief
Loss relief against total profits
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
Open-ended investment companies
Overdue, interest on
Overpaid
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
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
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
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
Group relief
Groups of companies
Payment of tax
Penalties
Quarterly instalment payments
Recovery assessments
Repayment claims
Returns
Settle by agreement under Taxes Management Act 1970, s. 54
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
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
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
Total taxable profits, meaning
Trade of dealing in or developing UK land
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
