Income Tax Act 2007

Updated on Nov 21, 2024

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Citation 2007 c 3 Originally published 2007		Royal assent 20 March 2007 Author Paul Stainforth

Long title An Act to restate, with minor changes, certain enactments relating to income tax; and for connected purposes. Territorial extent England and Wales, Scotland and Northern Ireland, but an amendment, repeal or revocation contained in Schedule 1 or 3 has the same extent as the provision amended, repealed or revoked.

The Income Tax Act 2007 (c 3) is an Act of the Parliament of the United Kingdom. It is the primary Act of Parliament concerning income tax paid by individual earners subject to the law of United Kingdom, and mostly replaced the Income and Corporation Taxes Act 1988.

Part 1 Overview

Part 2 Basic provisions

Part 3 Personal reliefs

Part 4 Loss relief

Part 5 Enterprise investment scheme

Part 6 Venture capital trusts

Part 7 Community investment tax relief

Part 8 Other reliefs

Part 9 Special rules about settlements and trustees

Part 10 Special rules about charitable trusts etc.

Part 11 Manufactured payments and repos

Part 12 Accrued income profits

Part 13 Tax avoidance

Part 14 Income tax liability: miscellaneous rules

Part 15 Deduction of income tax at source

Part 16 Income Tax Acts definitions etc.

Part 17 Definitions for purposes of Act and final provisions

References

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