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Statutory Instruments

2007 No. 46

Income Tax

The Finance Act 2004, Section 61(2), (Relevant Percentage) Order 2007

Made

11th January 2007

Laid before the House of Commons

11th January 2007

Coming into force

1st February 2007

The Treasury make the following Order in exercise of the powers conferred upon them by section 61(2) of the Finance Act 2004( 1 ):

1. This Order may be cited as the Finance Act 2004, Section 61(2), (Relevant Percentage) Order 2007 and shall come into force on 1st February 2007.

2. For the purposes of section 61(1) of the Finance Act 2004 (deductions on account of tax from contract payments) the relevant percentage is—

(a) 20% if the person for whose labour (or for whose employees’ or officers’ labour) the payment in question is made is registered for payment under deduction, or

(b) 30% if that person is not so registered.

Kevin Brennan

Claire Ward

Two of the Lords Commissioners of Her Majesty’s Treasury

11th January 2007

( 1 )

2004 c.12 .

Status: This is the original version (as it was originally made). This item of legislation is currently only available in its original format.
The Finance Act 2004, Section 61(2), (Relevant Percentage) Order 2007 (2007/46)

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