Made | 5th March 2007 | ||
Laid before the House of Commons | 5th March 2007 | ||
Coming into force | 26th March 2007 |
(4) In paragraph (4) at the beginning insert "If condition A or B is met".
(5) In paragraph (5) for "If the notice extends to two" substitute—
two".
(6) In paragraph (6) after "(4)" insert "or if condition C is met".
4.
In regulation 19 (work carried out on land owned by the person to whom payment is made), in paragraph (2)(a) after "Act" insert "applies".
5.
—(1) Amend regulation 20 (reverse premiums) as follows.
(2) In paragraph (1) at the end insert "or section 99 of the Income Tax (Trading and Other Income) Act 2005[4] (reverse premiums)".
(3) In paragraph (2) for "does" substitute "and section 100(1) of the Income Tax (Trading and Other Income) Act 2005 (excluded cases) do".
6.
In regulation 22 (payments in respect of property used for business), in paragraph (2)(a) after "let" insert "(except where the sale or letting of that property is purely incidental to the business of that person)".
Paul Gray
Mike Hanson
Two of the Lords Commissioners of Her Majesty's Revenue and Customs
5th March 2007
© Crown copyright 2007