Change 1 Article Choose an article Title and introductory text 1 Low-strength wine, made-wine and cider. 2 Wine and made-wine: rates. 3 Spirits, beer and cider: rates. 4 Alcoholic ingredients relief. 5 Denatured alcohol. 6 Rates of duty. 7 Rates of duty: further provisions. 8 Hydrocarbon oil: “road vehicle”. 9 Road fuel gas: old stock. 10 Rates of duty. 11 Rates of duty: further provisions. 12 Pool betting duty. 13 Rates of duty. 14 Extension of duty to amusement machines. 15 Rates of duty. 16 Assessment of interest on duty. 17 Preferential debts. 18 Increased rates on 30th November 1994. 19 Vehicle excise and registration: other provisions. 20 Recovery of overpaid excise duty. 21 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 22 Imported works of art, antiques, etc. 23 Agents acting in their own names. 24 Margin schemes. 25 Groups of companies. 27 Set-off of credits. 28 Transactions treated as supplies for purposes of zero-rating etc. 29 Goods removed from warehousing regime. 30 Fuel supplied for private use. 31 Appeals: payment of amounts shown in returns. 32 Penalties for failure to notify etc. 33 Correction of consolidation errors. 34 Insurance premium tax. 35 Charge and rates of income tax for 1995-96. 36 Personal allowance. 37 Charge and rate of corporation tax for 1995. 38 Small companies. 39 Income chargeable under Schedule A. 40 Non-residents and their representatives. 41 Income from overseas property. 42 Abolition of interest relief for commercially let property. 43 Cars available for private use. 44 Cars: accessories for the disabled. 45 Beneficial loan arrangements: replacement loans. 46 Relief on re-investment: property companies etc. 47 Relief on re-investment: amount of relief, etc. 48 Roll-over relief and groups of companies. 49 De-grouping charges. 50 Corporate bonds. 51 Companies carrying on life assurance business. 52 Meaning of “insurance company”. 53 Transfer of life insurance business. 54 Friendly societies. 55 Qualifying life insurance policies. 56 Foreign life policies etc. 57 Duties of insurers in relation to life policies etc. 58 Personal pensions: income withdrawals. 59 Pensions: meaning of insurance company etc. 60 Application of section 59. 61 Cessation of approval of certain retirement benefits schemes. 62 Follow-up TESSAs. 63 TESSAs: European institutions. 64 Personal equity plans: tax representatives. 65 Contractual savings schemes. 66 Enterprise investment scheme: ICTA amendments. 67 Enterprise investment scheme: TCGA amendments. 68 Business expansion scheme: ICTA amendments 69 Business expansion scheme: TCGA amendments. 70 Approval of companies as trusts. 71 Income tax relief. 72 Capital gains. 73 Regulations. 74 Settlements: liability of settlor. 75 Deceased persons’ estates: taxation of beneficiaries. 76 Untaxed income of a deceased person’s estate. 77 Interest on gilt-edged securities payable without deduction of tax. 78 Periodic accounting for tax on interest on gilt-edged securities. 79 Sale and repurchase of securities: exclusion from accrued income scheme. 80 Treatment of price differential on sale and repurchase of securities. 81 Manufactured interest payments: exclusion from bond-washing provisions. 82 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 83 Power to make special provision for special cases. 84 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 85 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 86 Deduction of tax from interest on deposits. 87 Interest payments deemed to be distributions. 88 Generalisation of ss.63 to 66 of Finance Act 1993. 89 Application of ss.63 to 66 to debts held by associates of banks. 90 Relief for post-cessation expenditure. 91 Employee liabilities and indemnity insurance. 92 Post-employment deductions. 93 Incidental overnight expenses etc. 94 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 95 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 96 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 97 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 98 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 99 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 100 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 101 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 102 Commencement of certain provisions. 103 Liability of trustees. 104 Returns and self-assessments. 105 Records for purposes of returns. 106 Return of employees’ emoluments etc. 107 Procedure for making claims etc. 108 Payments on account of income tax. 109 Surcharges on unpaid tax. 110 Interest on overdue tax. 111 Assessments in respect of income taken into account under PAYE. 112 Recovery of certain amounts deducted or paid under MIRAS. 113 Allowable losses: capital gains tax. 114 Liability of trustees and personal representatives: capital gains tax. 115 Minor amendments and repeals. 116 Transitional provisions. 117 Treatment of partnerships. 118 Loss relief: general. 119 Relief for losses on unquoted shares. 120 Relief for pre-trading expenditure. 121 Basis of apportionment for Cases I, II and VI of Schedule D. 122 Amendments of transitional provisions. 123 Prevention of exploitation of transitional provisions. 124 Change of residence. 125 Non-resident partners. 126 UK representatives of non-residents. 127 Persons not treated as UK representatives. 128 Limit on income chargeable on non-residents: income tax. 129 Limit on income chargeable on non-residents: corporation tax. 130 Exchange gains and losses: general. 131 Exchange gains and losses: transitional provision. 132 Currency contracts: transitional provisions. 133 Controlled foreign companies. 134 Offshore funds. 135 Change in ownership of investment company: deductions. 136 Profit-related pay. 137 Part-time workers: miscellaneous provisions. 138 Charities, etc.: lotteries. 139 Sub-contractors in the construction industry. 140 Valuation of trading stock on discontinuance of trade. 141 Incapacity benefit. 142 Annuities purchased where certain claims or actions are settled. 143 Lloyd’s underwriters: new-style special reserve funds. 144 Local government residuary body. 145 Payment of rent &c., under deduction of tax. 146 Restriction of unrelievable field losses. 147 Removal of time limits for claims for unrelievable field losses. 148 Transfer of interests in fields: restriction of transferred losses. 149 Transfer: associated bodies. 150 Northern Ireland transfer: associated bodies. 151 Lease or tack: associated bodies. 152 Open-ended investment companies. 153 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 154 Short rotation coppice. 155 Inheritance tax: agricultural property. 156 Proceedings for tax in sheriff court. 157 Certificates of tax deposit. 158 Amendment of the Exchequer and Audit Departments Act 1866. 159 Ports levy. 160 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 161 Interpretation. 162 Repeals. 163 Short title. SCHEDULE 1 Table of rates of duty on wine and made-wine SCHEDULE 2 Denatured alcohol SCHEDULE 3 Amusement Machine Licence Duty SCHEDULE 4 Vehicle Excise and Registration SCHEDULE 5 Insurance Premium Tax SCHEDULE 6 Amendments in connection with charge under Schedule A SCHEDULE 7 SCHEDULE 9 Transfer of Life Insurance Business SCHEDULE 10 Friendly Societies SCHEDULE 13 Enterprise Investment Scheme SCHEDULE 16 SCHEDULE 17 Settlements: liability of settlor SCHEDULE 18 Deceased persons’ estates SCHEDULE 19 SCHEDULE 20 Claims etc. not included in returns SCHEDULE 21 Self-assessment etc: transitional provisions SCHEDULE 22 Prevention of exploitation of SCHEDULE 2 TO ITTOIA 2005 (SO FAR AS RELATING TO OVERLAP PROFIT) SCHEDULE 24 Exchange gains and losses SCHEDULE 25 Controlled Foreign Companies SCHEDULE 28 SCHEDULE 29 Repeals
What to do with it
As published
145 Payment of rent &c., under deduction of tax.
(1) In section 119(1) of the Taxes Act 1988 (rent, &c., payable in connection with mines, quarries and similar concerns), the words from “and, subject to subsection (2) below, shall be subject to deduction of income tax” to the end shall cease to have effect.
(2) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
(3) The provisions of this section have effect in relation to payments made after the passing of this Act.
Your wording
Your change, as a redline
145 Payment of rent &c., under deduction of tax.
(1) In section 119(1) of the Taxes Act 1988 (rent, &c., payable in connection with mines, quarries and similar concerns), the words from “and, subject to subsection (2) below, shall be subject to deduction of income tax” to the end shall cease to have effect.
(2) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
(3) The provisions of this section have effect in relation to payments made after the passing of this Act.
A proposal here is not law. Support on Solon is evidence that people want the change; the official route says what it takes to make it law.