Income Tax Act 2007

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.

Income Tax Act 2007^[1]

Parliament of the United Kingdom
Long title	An Act to restate, with minor changes, certain enactments relating to income tax; and for connected purposes.
Citation	2007 c 3
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but an amendment, repeal or revocation contained in Schedule 1 or 3 has the same extent as the provision amended, repealed or revoked.[2]
Dates
Royal assent	20 March 2007
Other legislation
Amended by	Scotland Act 2012, Wales Act 2014
Status: Amended
History of passage through Parliament
Text of statute as originally enacted
Revised text of statute as amended

Contents

• 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

See also

• Taxation in the United Kingdom
• UK labour law

Notes

1. The citation of this Act by this short title is authorised by section 1035 of this Act.
2. The Income Tax Act 2007, section 1033

References

External links

• The Income Tax Act 2007, as amended from the National Archives.
• The Income Tax Act 2007, as originally enacted from the National Archives.
• Explanatory notes to the Income Tax Act 2007.