Part 2 Consequential Amendments
Finance (No 2) Act 2015 (2015 c 33) | Legislation

Part 2 Consequential Amendments

TMA 1970

2

In section 59E of TMA 1970 (further provision as to when corporation tax is due and payable), in subsection (11), after paragraph (b) insert—

“(ba)     to any sum chargeable on a company under section 269DA of CTA 2010 (surcharge on banking companies) as if it were an amount of corporation tax chargeable on the company;â€.

FA 1998

3

(1)     Schedule 18 to FA 1998 (company tax returns, assessments and related matters) is amended as follows.

(2)     In paragraph 1 (meaning of “taxâ€)—

(a)     before the entry relating to section 455 of CTA 2010 insert—

“section 269DA of the Corporation Tax Act 2010 (surcharge on banking companies),â€, and

(b)     in the entry relating to section 455 of CTA 2010, for “the Corporation Tax Act 2010†substitute “that Actâ€.

(3)     In paragraph 8(1) (calculation of tax payable), in the third step, after paragraph 1 insert—

“(1ZA)     Any sum chargeable under section 269DA of that Act (surcharge on banking companies).â€

CTA 2010

4

CTA 2010 is amended as follows.

5

In section 269A (overview of Part 7A), at the end insert—

“(4)     Chapter 4 contains provision for a surcharge on banking

Powered by Lexis+®
 

Popular documents

LEXISNEXIS

Costs and the ‘without prejudice’ rule

Costs and the ‘without prejudice’ ruleCosts determination and the ‘without prejudice’ ruleAn issue for practitioners is whether correspondence marked ‘without prejudice’ can be used against a party when the court comes to determine the issue of costs. The Court of Appeal in Walker v Wilsher (1889)

LEXISNEXIS

Mortgagees and tenants

Mortgagee’s consent to grant of leaseIf a property is subject to a mortgage that prohibits leasing without the mortgagee’s consent, then written evidence of consent must be obtained prior to completion of the lease. On the grant of an underlease, mortgagee’s consent in respect of any mortgage over

LEXISNEXIS

Possession with intent to supply

Possession with intent to supplyPossession with intent to supply a controlled drugIt is an offence for a person to have a controlled drug in his possession, whether lawfully or not, with intent to supply it to another in contravention of section 4(1) of the Misuse of Drugs Act 1971 (MDA

LEXISNEXIS

Carriage of goods by sea—the Hague-Visby Rules

Carriage of goods by sea—the Hague-Visby RulesThis Practice Note explains the Hague-Visby Rules (the Rules) which are an international convention enacted into English law by the Carriage of Goods by Sea Act 1971 (CGSA 1971) whose purpose is to regulate some of the most important rights and