🔆 📖 👤

Statutory Instruments

2012 No. 735

Charities

Capital Gains Tax

Corporation Tax

Income Tax

Value Added Tax

The Finance Act 2010, Schedule 6, Part 1 (Further Consequential and Incidental Provision etc ) Order 2012

Made

8th March 2012

Laid before the House of Commons

9th March 2012

Coming into force

1st April 2012

The Commissioners for Her Majesty’s Revenue and Customs make the following Order in exercise of the powers conferred by paragraph 29(1) and (2) of Schedule 6 to the Finance Act 2010( 1 ).

The provision made by this Order appears appropriate in consequence of, or otherwise in connection with, Part 1 of that Schedule.

Citation, commencement and effect

1. This Order may be cited as the Finance Act 2010, Schedule 6, Part 1 (Further Consequential and Incidental Provision etc) Order 2012 and comes into force on 1st April 2012.

2. —(1) Article 5 has effect in relation to—

(a) a supply of goods or services (including anything treated as such a supply) made on or after 1st April 2012,

(b) an acquisition of goods from another member State on or after 1st April 2012, and

(c) an importation of goods from a place outside the member States on or after 1st April 2012.

(2) In paragraph (1)—

acquisition of goods from another member State” shall be construed in accordance with section 11 of VATA 1994( 2 );

another member State” has the meaning given by section 96(1) of VATA 1994( 3 );

importation of goods from a place outside the member States” shall be construed in accordance with section 15 of VATA 1994;

supply” shall be construed in accordance with section 5 of VATA 1994.

3. Article 6 has effect—

(a) for corporation tax purposes, for accounting periods( 4 ) beginning on or after 1st April 2012, and

(b) for capital gains tax purposes, for the tax year 2012-13( 5 ) and subsequent tax years.

4. Article 7 has effect—

(a) for corporation tax purposes, for accounting periods beginning on or after 1st April 2012, and

(b) for income tax purposes, for the tax year 2012-13( 6 ) and subsequent tax years.

Definition of “charity” for the purposes of value added tax

5. —(1) The definition of “charity” in section 1(1) of the Charities Act 2011( 7 ) ceases to apply for the purposes of enactments relating to value added tax to which it would otherwise apply.

(2) Accordingly, by virtue of paragraph 33(2) of Schedule 6 to the Finance Act 2010, the definition of “charity” in Part 1 of that Schedule applies for the purposes of those enactments.

Definition of “charity” for the purposes of capital gains tax

6. —(1) The definition of “charity” in section 1(1) of the Charities Act 2011 ceases to apply for the purposes of the enactments relating to capital gains tax to which it would otherwise apply.

(2) Accordingly, by virtue of paragraph 33(2) of Schedule 6 to the Finance Act 2010, the definition of “charity” in Part 1 of that Schedule applies for the purposes of those enactments.

Amendment of CTA 2009

7. In Schedule 4 to CTA 2009( 8 )(index of defined expressions), in the entry for “charity”, for “section 1119 of CTA 2010” substitute “paragraph 1 of Schedule 6 to FA 2010”.

Dave Hartnett

Mike Eland

Two of the Commissioners for Her Majesty’s Revenue and Customs

8th March 2012

( 1 )

2010 c. 13 .

( 2 )

1994 c. 23 . Section 69(1) of the Finance Act 2010 (c. 13) provides that “VATA 1994” means the Value Added Tax Act 1994.

( 3 )

There are amendments to section 96(1) not relevant to this Order.

( 4 )

See section 1119 of the Corporation Tax Act 2010 (c. 4) for the meaning of “accounting period” for the purposes of the Corporation Tax Acts. Schedule 1 to the Interpretation Act 1978 (c. 30) defines “the Corporation Tax Acts”.

( 5 )

See section 288(1ZA) of the Taxation of Chargeable Gains Act 1992 (c. 12) for the meaning of the expressions “tax year” and “the tax year 2012-13” for the purposes of enactments relating to capital gains tax. Section 288(1ZA) was inserted by paragraph 101(3) of Schedule 2 to the Finance Act 2008 (c. 9) .

( 6 )

See section 4(2) and (4) of the Income Tax Act 2007 (c. 3) for the meaning of the expressions “tax year” and “the tax year 2012-13” for the purposes of the Income Tax Acts. Schedule 1 to the Interpretation Act 1978 (c. 30) defines “the Income Tax Acts”.

( 7 )

2011 c. 25 ; section 1 extends to Scotland by virtue of subsection (2)(a) of section 356 but affects the law of Scotland only so far as mentioned in section 7. Section 1 extends to Northern Ireland by virtue of subsection (2)(b) of section 356 but affects the law of Northern Ireland only so far as mentioned in section 8.

( 8 )

2009 c. 4 ; the entry relating to “charity” in the index of defined expressions in Schedule 4 was amended by paragraph 704(9) of Schedule 1 to the Corporation Tax Act 2010 (c. 4) . Section 69(1) of the Finance Act 2010 (c. 13) provides that “CTA 2009” means the Corporation Tax Act 2009.

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 2010, Schedule 6, Part 1 (Further Consequential and Incidental Provisionetc) Order 2012 (2012/735)

Displaying information

Status of this instrument

footnotecommentarytransitional and savingsin force statusrelated provisionsgeo extentinsert/omitsource countin force adj
Defined TermSection/ArticleIDScope of Application
acquisition of goods from another member Stateart. 1.acquisitio_rtXgmqW
another member Stateart. 1.another_me_rt7SoK5
charityart. 5.charity_rth7i4K
charityart. 5.charity_rtMkCBl
charityart. 6.charity_rt7vqsj
charityart. 6.charity_rtKHxzI
importation of goods from a place outside the member Statesart. 1.importatio_rtHRpgg
supplyart. 1.supply_rtZ4XoO

Status of changes to instrument text

The list includes made instruments, both those in force and those yet to come into force. Typically, instruments that are not yet in force (hence their changes are not incorporated into the text above) are indicated by description 'not yet' in the changes made column.