Finance Act 1981
Finance Act 1981 (1981 c. 35)
- Finance Act 1981 (1981 c. 35)
- Part I Customs and Excise
- 1 Spirits, beer, wine, made-wine and cider.
- 2 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
- 3 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
- 4 Increase on duty on hydrocarbon oil etc.
- 5 Energy for refineries etc.
- 6 Repayment of hydrocarbon oil duty.
- 7 Vehicles excise duty: Great Britain.
- 8 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
- 9 Betting and gaming duties.
- 10 Import and export procedures.
- 11 Miscellaneous customs and excise amendments.
- 12—15. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
- 16—18. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
- Part IV Income Tax, Corporation Tax and Capital Gains Tax
- Chapter I General
- 19—37. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
- 39—51. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
- Chapter II Relief for Investments in New Corporate Trades
- 52—67. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
- Chapter III Benefits in Kind
- 68—72. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
- Chapter IV Capital Allowances
- 73—77. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
- Chapter V Capital Gains
- 79 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
- 80 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
- 80A . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
- 81 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
- 82 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
- 82A . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
- 83 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
- 84 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
- 85 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
- 86 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
- 87 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
- 88 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
- 89 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
- 90 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
- 91 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
- Part V Capital Transfer Tax
- 92—95. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
- 97—106. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
- Part VI Stamp Duty
- 107 Sale of houses at discount by local authorities etc.
- 108 Shared ownership transactions.
- 109 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
- 110 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
- Part VII Petroleum Revenue Tax
- 111 Restriction of expenditure supplement.
- 112 Restriction of expenditure supplement: transfers of interest.
- 113 Restriction of expenditure supplement: loss following net profit period.
- 114 Restriction of limit on amount of tax payable.
- 115 Contracts with deferred payment.
- 116 Spreading of capital expenditure.
- 117 Spreading of capital expenditure: transitional provisions.
- 118 Licence payments other than royalties.
- 119 Transportation costs for off-shore oil.
- 120 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
- 121 Gas banking schemes.
- Part VIII Supplementary Petroleum Duty
- 122 Charge of supplementary petroleum duty.
- 123 Increase of gross profit by reference to royalties in kind.
- 124 Reduction of gross profit by reference to exempt allowance.
- 125 Repayment of duty in case of field showing loss on cessation.
- 126 Deduction of duty in computing assessable profit or allowable loss for petroleum revenue tax.
- 127 Deduction of duty in computing income for corporation tax.
- 128 Supplementary Provisions.
- 129—133. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
- Part X Miscellaneous and Supplementary
- 134 Special tax on banking deposits.
- 135 Chevening Estate.
- 136 Exchange control.
- 137 Irish land Acts.
- 138 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
- 139 Short title, interpretation, construction and repeals.
- SCHEDULES
- SCHEDULE 6 Import Procedures: Amendments of Customs and Excise Management Act 1979
- Entry of goods on importation
- Acceptance of incomplete entry
- Examination of goods for purpose of making entry
- Correction and cancellation of entry
- Removal of uncleared goods
- Failure to comply with provisions as to entry
- Duties on imported goods
- Delivery of imported goods on giving security for duty
- Restriction on delivery of goods
- SCHEDULE 7 Export Procedures
- Part I Sections Substituted in Customs and Excise Management Act 1979
- Entry outwards of goods.
- Acceptance of incomplete entry.
- Correction and cancellation of entry.
- Failure to export.
- Delivery of entry by owner of exporting ship etc.
- Simplified clearance procedure.
- Local export control.
- Provisions supplementary to ss. 58 and 58A.
- Pipe-lines and export of ships and aircraft.
- Operative date for Community purposes.
- Authentication of Community customs documents.
- Part II Amendments of Customs and Excise Management Act 1979
- Control of movement of goods
- Dutiable or restricted goods
- Restrictions on putting export goods alongside for loading
- Provisions as to stores
- Power to make regulations as to exportation, etc.
- SCHEDULE 8 Miscellaneous Customs and Excise Amendments
- Part I Amendments of Customs and Excise Management Act 1979
- Definition of “revenue trader”
- Warehousing regulations
- Deficiency in warehoused goods
- Procedure on warehouse ceasing to be approved
- Excise licences
- Powers of entry on premises of revenue traders
- Power to estimate excise duties
- Execution and distress
- Proof of documents
- Part II Amendments of Alcoholic Liquor Duties Act 1979
- Ascertainment of volume etc. of alcoholic liquors from labels etc.
- Definitions of “wholesale” and “wholesaler”
- Regulations about manufacture of spirits
- Attenuation charge for distilled spirits
- Distillers’ warehouses
- Rectifying and compounding of spirits
- Drawback on British compounds and spirits of wine
- Restrictions on distillers and rectifiers
- Spirits consignment and advice notes
- Transfer of spirit from distillers’ warehouses
- Abolition of wholesalers’ licences etc.
- Restrictions on wholesalers of spirits
- Methylated spirits
- Part III Amendments of Licensing Acts
- The Licensing Act 1964
- Schedule 16 Supplementary Petroleum Duty
- Management
- Returns and information
- Assessments and determinations
- Appeals
- Payment
- Interest
- Transfers to associated companies
- Schedule 17 Special Tax on Banking Deposits
- Part I The Base Period and Chargeable Deposits
- The base period
- Chargeable deposits
- Part II Management and Collection
- Management
- Notice of liability
- Returns
- Payment of tax
- Assessments
- Right of appeal
- Interest
- Information
- Incorrect returns, accounts, etc.
- Application of Taxes Management Act
- Schedule 19 Repeals
- Part I Import Procedures
- Part II Export Procedures
- Part III Customs and Excise: Miscellaneous
- Part IV Value Added Tax
- Part V Car Tax
- Part VI Income Tax and Corporation Tax: General
- Part VII Stock Relief
- Part VIII Capital Gains
- Part IX Capital Transfer Tax
- Part X Petroleum Revenue Tax
- Part XI Exchange Control
- Part XII Irish Land Acts
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