– see also Banks and banking; Building societies

Assessments

Amended returns

Legislation/Regulatory – ITA2007 s. 958
HMRC Guidance – CFM37440 ; CTM35130

Generally

Legislation/Regulatory – ITA2007 s. 956, 957, 960
HMRC Guidance – CFM37440 ; COM128001 ; COM128010 ; COM23133 ; CTM35135 ; CTM35145 ; CTM35150 ; CTM35155 ; INTM413220

Powers

Legislation/Regulatory – ITA2007 s. 961, 962
HMRC Guidance – CTM35170

Time limits

Legislation/Regulatory – ITA2007 s. 959
HMRC Guidance – CH56100 ; CTM35160

Certificates of deposit

Legislation/Regulatory – ITA2007 s. 865, Sch. 2, para. 157
HMRC Guidance – CFM75060 ; SAIM9020

Certificates of non-liability to income tax, penalties

Legislation/Regulatory – TMA70 s. 99A

Collection of tax

Accounting period, meaning

Legislation/Regulatory – ITA2007 s. 948

Amount payable

Legislation/Regulatory – ITA2007 s. 951
HMRC Guidance – CTM48933 ; INTM413220

Assessments

Legislation/Regulatory – ITA2007 s. 956-960

Delivery of returns

Legislation/Regulatory – ITA2007 s. 949, 950
HMRC Guidance – CTM35115 ; CTM35120 ; CTM35140 ; CTM49380 ; EM8051 ; EM8052

Generally

Legislation/Regulatory – ITA2007 Sch. 2, para. 161, 162

Overview

Legislation/Regulatory – ITA2007 s. 945, Sch. 2, para. 161

Payments subject to

Legislation/Regulatory – ITA2007 s. 946, Sch. 2, para. 162
HMRC Guidance – CTM40355 ; CTM41050 ; CTM49365 ; INTM413220 ; RDRM32140

Power to make regulations

Legislation/Regulatory – ITA2007 s. 962

Return periods

Legislation/Regulatory – ITA2007 s. 947
HMRC Guidance – CTM35110 ; CTM49380

Set-off claims

Legislation/Regulatory – ITA2007 s. 952-955
HMRC Guidance – CTM01170 ; CTM01560 ; CTM35125 ; CTM35250 ; CTM49365 ; CTM49428

When tax is due

Legislation/Regulatory – ITA2007 s. 951

Denial of relief for expenses relating to compensation

Commentary – Tax Reporter ¶807-000

Deposit, meaning

Legislation/Regulatory – ITA2007 s. 855
HMRC Guidance – SAIM9020

Discretionary or accumulation settlements

Legislation/Regulatory – ITA2007 s. 873, Sch. 2, para. 154, 155

Duty to deduct sums

Exceptions

Legislation/Regulatory – ITA2007 s. 876

Generally

Legislation/Regulatory – ITA2007 s. 851, 852
HMRC Guidance – CFM44310 ; CFM71050 ; CFM75030 ; SAIM9020 ; SAIM9030

Enforcement by deduction from accounts

Generally

Legislation/Regulatory – SI 2016/44

European Economic Area (EEA) Agreement

Commentary – Tax Reporter ¶103-820

General client account deposits

Legislation/Regulatory – ITA2007 s. 863
HMRC Guidance – SAIM2065 ; SAIM2180 ; SAIM9020

Generally

Commentary – Tax Reporter ¶807-000

Interest

– see Deductions at source; Interest payable; Interest receivable

Interest payments

Certificate of non-liability to tax

Legislation/Regulatory – SI 1992/15 reg. 5 ; SI 2008/2682 reg. 5-11, 19

Consequential amendments

Legislation/Regulatory – SI 2008/2682 Sch. 1

Gross payments

Legislation/Regulatory – SI 2008/2682 reg. 4

Information

Legislation/Regulatory – SI 1992/15 ; SI 2008/2682 reg. 15-18

Joint accounts

Legislation/Regulatory – SI 2008/2682 reg. 13

Non-UK residence, declaration

Legislation/Regulatory – SI 2008/2682 reg. 14

Notice of deduction

Legislation/Regulatory – SI 2008/2682 reg. 12

Prescribed persons

Legislation/Regulatory – SI 2008/2682 reg. 6

Records

Legislation/Regulatory – SI 1992/15 reg. 10, 11 ; SI 2008/2682 reg. 17

Relevant investments

Legislation/Regulatory – SI 2008/2682 reg. 4-13

Transfer of business from one financial institution to another

Legislation/Regulatory – SI 2008/2682 reg. 19

Transitional provisions and savings

Legislation/Regulatory – SI 2008/2682 Sch. 2

Investment, meaning

Legislation/Regulatory – ITA2007 s. 855

Investments held outside the UK

Legislation/Regulatory – ITA2007 s. 868
HMRC Guidance – SAIM9020

Lloyd's premium deposit funds

Legislation/Regulatory – ITA2007 s. 867
HMRC Guidance – SAIM9020

Meaning

Legislation/Regulatory – ITA2007 s. 853
HMRC Guidance – CFM75040

Non-resident beneficiaries, declarations

Individuals

Legislation/Regulatory – ITA2007 s. 858, Sch. 2, para. 156 ; TMA70 s. 99B

Personal representatives

Legislation/Regulatory – ITA2007 s. 860

Scottish partnerships

Legislation/Regulatory – ITA2007 s. 859, Sch. 2, para. 156

Settlements

Legislation/Regulatory – ITA2007 s. 861

Other investments

Legislation/Regulatory – ITA2007 s. 870
HMRC Guidance – SAIM9020

Overview

Legislation/Regulatory – ITA2007 s. 850
HMRC Guidance – SAIM9020

Power to make regulations/orders

Legislation/Regulatory – ITA2007 s. 871, 872

Prescribed conditions not met, power to make regulations

Legislation/Regulatory – ITA2007 s. 852

Prescribed persons as deposit-takers, power to prescribe

Legislation/Regulatory – ITA2007 s. 854
HMRC Guidance – SAIM9020

Qualifying certificates of deposit

Legislation/Regulatory – ITA2007 s. 865, Sch. 2, para. 157

Qualifying time deposits

Legislation/Regulatory – ITA2007 s. 866, Sch. 2, para. 158
HMRC Guidance – CFM75060 ; SAIM9020

Qualifying uncertificated eligible debt security units

Legislation/Regulatory – ITA2007 s. 864

Regulations, saving for

Legislation/Regulatory – ITA2007 Sch. 2, para. 159, 160

Relevant investments

Legislation/Regulatory – ITA2007 s. 856, 857, Sch. 2, para. 154, 155
HMRC Guidance – CFM75060

Restrictions on relief for deductions

Commentary – Tax Reporter ¶807-000

Returns

Accounting period, meaning

Legislation/Regulatory – ITA2007 s. 948

Amended

Legislation/Regulatory – ITA2007 s. 958

Amount payable

Legislation/Regulatory – ITA2007 s. 951

Payments in an accounting period

Legislation/Regulatory – ITA2007 s. 949

Payments otherwise than in an accounting period

Legislation/Regulatory – ITA2007 s. 950

Periods

Legislation/Regulatory – ITA2007 s. 947

Set-off claims

Legislation/Regulatory – ITA2007 s. 952-955

When tax due

Legislation/Regulatory – ITA2007 s. 951

Sale and repurchase of securities

Legislation/Regulatory – ITA2007 s. 869
HMRC Guidance – SAIM9020

Surcharge on banking companies

Commentary – Tax Reporter ¶807-000

Uncertificated eligible debt security units

Legislation/Regulatory – ITA2007 s. 864