Income Tax Act 2007

Part 1 Overview

Details existing income tax legislation and the structure of this act.

Part 2 Basic provisions

Basic provisions about the annual nature of income tax, the rates at which it is charged and the calculation of liability.

Part 3 Personal reliefs

Sets out taxpayers' personal reliefs including personal allowances, blind persons' allowances and tax reductions for married couples and civil partners.

Part 4 Loss relief

Sets out loss relief covering trade losses, losses for property businesses, losses in an employment or office, losses on disposal of shares and losses from miscellaneous transactions.

Part 5 Enterprise investment scheme

Sets out relief under the seed enterprise investment scheme and relief for social investments.

Part 6 Venture capital trusts

Relief for investment in venture capital trusts and other matters relating to venture capital trusts.

Part 7 Community investment tax relief

Part 8 Other reliefs

Sets out relief for interest payments, gifts to charity including gift aid, annual payments and maintenance payments.

Part 9 Special rules about settlements and trustees

Special rules about settlements and trustees, special income tax rates for trusts, and rules about trustees' expenses, discretionary payments and heritage maintenance settlements.

Part 10 Special rules about charitable trusts etc.

Part 11 Manufactured payments and repos

Part 12 Accrued income profits

Part 13 Tax avoidance

Tax avoidance in relation to many different areas including transactions in securities, transfer of assets abroad and tax relief for interest.

Part 14 Income tax liability: miscellaneous rules

Miscellaneous rules relating to income tax including the remittance basis for certain income gains of certain individuals and regulation for non-UK residents.

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