Found: County Authority) Order 2024 S.I. 2024/1153 The Penalties for Failure to Pay Tax (Schedule 26 to the Finance

Found: The due date for payment of tax within 6 months of the date of death has been unchanged since the Finance

Found: 885 Registration of Births and Deaths (England and Wales) (Amendment) Regulations 2024 S.I. 2024/897 Finance

Question to the HM Treasury:

To ask His Majesty's Government what would be the threshold for liability for inheritance tax today if the threshold had risen in line with the retail price index since 2010.

Answered by Lord Livermore - Financial Secretary (HM Treasury)

The estates of all individuals benefit from a £325,000 nil-rate band for inheritance tax. This has been fixed at £325,000 since April 2009.

The residence nil-rate band is a further £175,000 for those passing on a qualifying residence on death to their direct descendants, such as children or grandchildren. The residence nil-rate band was introduced in April 2017.

This means qualifying estates can pass on up to £500,000 and the qualifying estate of a surviving spouse or civil partner can pass on up to £1 million without an inheritance tax liability. This is because any unused nil-rate band or residence nil-rate band is transferable to a surviving spouse or civil partner.

Where personal tax thresholds are not fixed, up until April 2012, they were indexed in line with the Retail Price Index (RPI) measure of inflation. As set out in the 2012 Finance Act, from April 2012, any personal tax thresholds that were not fixed were indexed in line with the Consumer Price Index (CPI) measure of inflation.

Had the nil-rate band not been fixed, HMRC estimate it would have been £508,000 in 2024-25.

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, when she plans to implement Section 14 of the Finance Act 2024.

Answered by James Murray - Exchequer Secretary (HM Treasury)

Section 14 of the Finance Act 2024 came into force on 6 April 2024.

Subsequent clarificatory regulations have been laid and come into force from 18 November, taking retrospective effect from 6 April 2024.

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, what data the Valuation Office Agency holds on the rateable value of (a) farms and (b) farmland.

Answered by James Murray - Exchequer Secretary (HM Treasury)

Farms and farmland, if used by the occupier for agricultural purposes, are exempt from non-domestic rating under Schedule 5 to the Local Government Finance Act 1988. Consequently, agricultural land and buildings are not included in rating lists and no rateable values are shown, so the Valuation Office Agency does not hold any relevant information.

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, pursuant to the Answer of 12 September 2024, to Question 4354, on Public Houses: Business Rates, whether the introduction of a pub smoking ban would be deemed to be a material consideration for the purposes of calculating the Rateable Value.

Answered by James Murray - Exchequer Secretary (HM Treasury)

Schedule 6 of The Local Government Finance Act 1988 states that no account is to be taken of any matter that is directly attributable to a change in legislation when determining a pub’s rateable value.

Found: Act 1992(60) is to be disregarded from any calculation of the costs of the expenditure. (5) The costs

Found: incurred; (b)any precept issued in relation to such expenditure under section 40 of the Local Government Finance

Found: the Combined County Authority to the constituent councils under section 74 of the Local Government Finance

Found: the Combined County Authority to the constituent councils under section 74 of the Local Government Finance

Found: the following Regulations in exercise of the power conferred by paragraph 4(5) of Schedule 21 to the Finance

Found: Section 2C(1) was inserted by paragraph 4(1) of Schedule 22 to the Finance Act 1993 (c. 34).

Found: Act 1988; (iii)Parts 1 and 2 of the Local Government Finance Act 1992; (iv)Part 4 of the Local Government

Found: Penalties for Failure to Pay Tax (Schedule 26 to the Finance Act 2021) (Assessments) Regulations 2024

Found: (1)1994 c. 23; section 33E was inserted by section 122 of the Finance Act 2016 (c. 24) and amended

Found: Draft Order in Council laid before the House of Commons under section 173(7) of the Finance Act 2006

Found: Section 189(7) was amended by paragraph 24 of Schedule 9 to the Local Government Finance Act 1992 (c.

Found: Schedule 5 to the European Union (Future Relationship) Act 2020(1)(“the 2020 Act”) and section 56 of the Finance

Found: Act 1988 (places of worship etc.)(40); (b)in Scotland, a hereditament or premises exempted from local

Found: Trading Scheme Auctioning Regulations 2021(3) or any other regulations made under section 96 of the Finance

Found: November 2024The Treasury make these Regulations in exercise of the powers conferred by section 113 of the Finance

Found: section 333(3A) of the Town and Country Planning Act 1990, section 52ZQ(7) of the Local Government Finance

Found: Act 2000 .

Found: In addition, the report lists changes to three pieces of assimilated law made by the Finance Act 2024

Found: details of this procedure see, Commons Library research briefing CBP813 The Budget and the annual Finance

Found: Act 1984, section 50 and schedule 11.15 The regime was introduced as there was no clarity over whether

Found: The levy was introduced under the Finance Act 2016 with the purpose of “increasing the quantity and

Found: Under the Local Government Finance Act 1988 (“the 1988 Act”) and regulations made under it

Found: Act 1992 , in the definition of “material interest”— (a) for “or a” substitute “, a”; (b) after

Found: Act 1992 , in the definition of “material interest”— (a) for “or a” substitute “, a”; (b) after

Found: Pensions (overseas transfer charge) That— (1) In Part 4 of the Finance Act 2004 (pensions), omit

Found: Policy background Business Rates 2 Part 3 of the Local Government Finance Act 1988 (“the 1988 Act

Found: Policy background Business Rates 2 Part 3 of the Local Government Finance Act 1988 (“the 1988 Act

Found: 1 Determination of additional multipliers (1) Part A1 of Schedule 7 to the Local 1 Government Finance

Found: Act 1988 (non-domestic rating multipliers for England) is amended as follows. 5 (2) In Chapter

Found: of non- domestic rates (known as business rates) in England onl y, by amending the Local Government Finance

Found: contained in clauses 1 to 4 (“the multipliers measure”), amends provisions in the L ocal Government Finance

Found: Act 2013 (statutory residence test)). 35 (6) See also— (a) section 6B (which modifies this

Found: Subsection (10) removes Schedule 3 to the Finance Act 2019. 12.

Found: Act 2013 (statutory residence test))

Found: Subsection (10) removes Schedule 3 to the Finance Act 2019. 12.

Found: ), or (b) The Welfare Reform Act 2012 (universal credit), or (c) Part 1 of the Local Government Finance

Found: (3) In Part 4 of the Finance Act 2004— (a) in section 244J (persons liable to charge), in subsection

Found: Pensions (overseas transfer charge) That— (1) In Part 4 of the Finance Act 2004 (pensions), omit

Found: Page 2 of 9 Recommendations 1 - Section 24 Section 24 of the 2015 Finance

Found: The levy was introduced under the Finance Act 2016 with the purpose of “increasing the quantity and

Found: Reserves 5.6 Sections 31A, 32, 42A and 43 of the Local Government Finance Act 1992 require s billing

Found: tax reduction under a council tax reduction scheme made under section 13A of the Local Government Finance

Found: tax reduction under a council tax reduction scheme made under section 13A of the Local Government Finance

Found: tax reduction under a council tax reduction scheme made under section 13A of the Local Government Finance

Found: tax reduction under a council tax reduction scheme made under section 13A of the Local Government Finance

Found: tax reduction under a council tax reduction scheme made under section 13A of the Local Government Finance

Found: all cases, members may opt to give up (commute) pension for a lump sum up to the limits set by the Finance

Found: Local authorities are required by the Local Government Finance Act 1992 to provide a balanced budget

Found: Members may opt to give up (commute) pension for a lump sum up to the limits set by the Finance Act

Found: all cases members may opt to give up (commute) pension for a lump sum up to the limits set by the Finance

Found: In all cases members may opt to give up (commute) pension for a lump sum up to the limits set by the Finance

Found: Members may opt to give up (commute) pension for a lump sum up to the limits set by the Finance Act 2004

Found: misleading statement in purported compliance with an Unexplained Wealth/Disclosure Order, Criminal Finance

Found: Regulations under the Finance Act 2020 established rules for auctioning UKAs and mechanisms to support

Found: 10139 TOTAL 747958 PART 2 INFORMATION IN RESPECT OF SECTION 13A OF THE LOCAL GOVERNMENT FINANCE

Found: compensation payments are qualifying payments for the purpose of paragraph 3 of Schedule 15 to the Finance

Found: //www.bankofengland.co.uk/statistics/uk -international -reserves/2024/october -2024 30 Under the Finance

Found: ii) the carbon price floor on non-oil fossil fuels introduced by amendment of Schedule 6 to the Finance

Found: Section 23 has been amended by the Finance Act 2009, the Finance Act 2013, the Finance Act 2014 and the

Found: Government, Finance Act 1994 (1994 ) IV, § 43(1). 19 H.M.

Found: 1.39 'First Time Buyer' shall mean a first time buyer as defined by paragraph 6 of Schedule 6ZA to the Finance

Found: improvements to properties.Billing Authorities have a statutory obligation under the Local Government Finance

Found: service scheme, unless this would be prohibited by legislation or unauthorised in accordance with the Finance

Found: Act 2021 together with any associated secondary legislation; PPT means a tax called "plastic packaging

Found: for continuity of Seed Enterprise Investment Scheme relief under section 257HB ITA 2007 as updated by Finance

Found: the relevant tax provisions.This opinion notice is given pursuant to paragraph 11 of Schedule 43 to Finance

Found: Act 2021 together with any associated secondary legislation; PPT means a tax called "plastic packaging

Found: ReportValuation Office Agency Annual Report and Accounts 2023-2481a lump sum up to the limits set by the Finance

Found: Members may opt to give up (commute) pension for a lump sum, up to the limits set by the Finance Act

Found: Members may opt to give up (commute) pension for a lump sum, up to the limits set by the Finance Act

Found: Members may opt to give up (commute) pension for a lump sum, up to the limits set by the Finance Act

Found: assets and liabilities are recognised in the same manner as other gains and losses on these items.The Finance

Found: Members may opt to give up (commute) pension for a lump sum up to the limits set by the Finance Act

Found: Members may opt to give up (commute) pension for a lump sum up to the limits set by the Finance Act

Found: Members may opt to give up (commute) pension for a lump sum up to the limits set by the Finance Act 2004

Found: Members may opt to give up (commute) pension for a lump sum up to the limits set by the Finance Act

Found: Where this is not the case expenditure is covered under Section 31 of the Local Government Finance

Found: Where this is not the case expenditure is covered under Section 31 of the Local Government Finance

Found: Members may opt to give up (commute) pension for a lump sum up to the limits set by the Finance Act 2004

Found: Members may opt to give up (commute) pension for a lump sum up to the limits set by the Finance Act

Found: Members may opt to give up (commute) pension for a lump sum up to the limits set by the Finance Act

Found: Members may opt to give up (commute) pension for a lump sum up to the limits set by the Finance Act

Found: Members may opt to give up (commute) pension for a lump sum up to the limits set by the Finance Act

Found: registered charity (1036733), is considered to pass the tests set out in paragraph 1, schedule 6 of the Finance

Found: Members may opt to give up (commute) pension for a lump sum up to the limits set by the Finance Act 2004

Found: Members may opt to give up (commute) pension for a lump sum up to the limits set by the Finance Act

Found: Members may opt to give up (commute) pension for a lump sum up to the limits set by the Finance Act 2004

Found: all cases members may opt to give up (commute) pension for a lump sum up to the limits set by the Finance

Found: all cases members may opt to give up (commute) pension for a lump sum up to the limits set by the Finance

Found: falling or potentially falling within the FOIA Exemptio ns or the EIR Exceptions; FA 2004 means the Finance

Found: relevant payments gross under the Construction Industry Scheme set out in Chapter 3 of Part 3 of the Finance

Found: Tribunal it was confirmed that this permission extends to: (1) whether paragraph 2(4A) of Schedule 7 Finance

Found: holders (the range of which was significantly widened by the Pension Schemes Act 2015 and the Finance

Found: proper person to be a manager of a body or trust, for the purposes of paragraph 4 of Schedule 6 to the Finance

Found: (2) In a letter dated 20 July 2015, HMRC issued an assessment to SA under section 12(1) Finance Act

Found: The Repayment Scheme was established pursuant to s20 Finance Act 2020 .

Found: In paragraph 22(3), for “Schedule 1B” substitute “paragraphs 16E to 16H of Schedule 2 to the Finance

Found: In paragraph 22(3), for “Schedule 1B” substitute “paragraphs 16E to 16H of Schedule 2 to the Finance

Found: by the LLP (as described in subsection (1)(b)), and (b) for the purposes of Schedule 2 to the Finance

Found: for income tax purposes for that tax year (and as to later tax years see Schedule 45 to the Finance

Found: capitalisation directive not be secured, is the issue of a s114 notice under the Local Government Finance

Found: the Combined County Authority to the constituent councils under section 74 of the Local Government Finance

Found: Act 1992(60) is to be disregarded from any calculation of the costs of the expenditure. (5) The costs

Found: incurred; (b)any precept issued in relation to such expenditure under section 40 of the Local Government Finance

Found: the Combined County Authority to the constituent councils under section 74 of the Local Government Finance

Found: Draft Order in Council laid before the House of Commons under section 173(7) of the Finance Act 2006

Found: Schedule 5 to the European Union (Future Relationship) Act 2020(1)(“the 2020 Act”) and section 56 of the Finance

Found: Act 1988 (places of worship etc.)(40); (b)in Scotland, a hereditament or premises exempted from local

Found: Trading Scheme Auctioning Regulations 2021(3) or any other regulations made under section 96 of the Finance

Found: section 333(3A) of the Town and Country Planning Act 1990, section 52ZQ(7) of the Local Government Finance

Found: Subsection (1A) was inserted by paragraph 16(4) of Schedule 38 to the Finance Act 2014 (c. 26) and amended

Found: scheme ” means pension schemes (other than a social security scheme) registered under Part 4 of the Finance

Found: policy for VAT set out in the VAT Act 1994 which was updated to include online mark etplaces in the Finance

Found: notes that the UK has a General Anti -Abuse Rule (" GAAR ") in Part 5 of, and Schedule 43 to, the Finance

Found: It was introduced in 2002 by virtue of the Finance Act 2001.

Found: ArrearsRegarding billing and collection of arrears, each local authority is duty bound by the Local Government Finance

Found: Members may opt to give up (commute) pension for a lump sum up to the limits set by the Finance Act

Found: the house boat is a “dwelling” within the meaning of the relevant legislation, the Local Government Finance

Found: All references to sections relate to the Local Government Finance Act 1992 as amended by Schedule 13

Found: All references to sections relate to the Local Government Finance Act 1992 as amended by Schedule 13

Found: The present Council Tax is defined in the Local Government Finance Act 1992.

Found: Local Tax Reform4 highlighted how the original multipliers - set out in the 1992 Local Government Finance

Found: should meet with the regularity , propriety and value for money princip les as laid out in the Public Finance

Found: Act 1992, less diplomats’ dwellings (as defined in the notes on Line 2 below).

Found: Local Tax Reform4 highlighted how the or iginal multipliers - set out in the 1992 Local Government Finance