Finance Act 1925

Finance Act 1925 An Act to grant certain Duties of Customs and Inland Revenue (including Excise), to alter other Duties, and to amend the law relating to Customs and Inland Revenue (including Excise) and the National Debt, and to make further provision in connection with Finance. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . This Act may be cited as the Finance Act, 1925. Such of the provisions of this Act as relate to matters with respect to which the Parliament of Northern Ireland has power to make laws shall not extend to Northern Ireland. Act wholly in force at Royal Assent. Words of enactment omitted under authority of Statute Law Revision Act 1948 (c. 62), s. 3 General amendments made by Taxes Management Act 1970 (c. 9, SIF 63:1), s. 41A(7) (as added by Finance Act 1990 (c. 29, SIF 63:1), s. 95(1)(2)), British Telecommunications Act 1981 (c. 38, SIF 96), s. 82(2)(7); Telecommunications Act 1984 (c. 12, SIF 96), s. 72(3); Finance Act 1984 (c. 43, SIF 63:1), ss. 82(6), 85(2), 89(1)(7), 96(1)(7), 98(7), Sch. 9 para. 3(2)(9), Sch. 16 paras. 6, 12 and Finance Act 1985 (c. 54, SIF 63:1), ss. 72(1), 74(5), Sch. 23 para. 15(4), S.I. 1987/530, regs. 11(2), 13(1), 14, Income and Corporation Taxes Act 1988 (c. 1, SIF 63:1), ss. 4, 6, 7, 9, 32, 34, 78, 134, 135, 141, 142, 185, 191, 193, 194, 195, 200, 203, 209, 212, 213, 219, 247, 253, 272, 287, 314, 315, 317, 318, 325, 326, 327, 345, 350, 351, 368, 375, 381, 397, 414, 432, 440, 442, 446, 458, 460, 461, 463, 463(2)(3) (as added by Finance Act 1990 (c. 29, SIF 63:1), s. 50(2) ), 468, 474, 475, 486, 490, 491, 503, 511, 518, 524, 532, 544, 550, 556, 558, 569, 572, 582, 595, 601, 613, 617, 619, 621, 639, 656, 660, 663, 676, 689, 691, 694, 700, 701, 714, 716, 739, 743, 754, 763, 776, 780, 781, 782, 787, 789, 811, 828, 829, 832, 833, 834, 835, 837, 838, 839, 840, 841, 842, Sch. 2 para. 5, Sch. 4 para. 5, Sch. 13 para. 10, Sch. 16 para. 10, Sch. 21 para. 6, Sch. 26 para. 1, Sch. 27 para. 20, Finance Act 1988 (c. 39, SIF 63:1), ss. 66, 127(1)(6), Sch. 12 para. 6, Capital Allowances Act 1990 (c. 1, SIF 63:1), ss. 28(1), 68(8), 74, 82, 83(5), 148(5), 163(4), 164(2), S.I. 1990/627 and Finance Act 1990 (c. 29, SIF 63:1), s. 25(10) General amendments to Tax Acts, Income Tax Acts, and/or Corporation Tax Acts made by legislation after 1.2.1991 are noted against Income and Corporation Taxes Act 1988 (c. 1, SIF 63:1) but not against each Act Ss. 1, 2 repealed by Statute Law Revision Act 1950 (c. 6) S. 3 repealed by Finance Act 1938 (c. 46), s. 6(1) S. 4 repealed by Import Duties Act 1958 (c. 6), ss. 3(1), 16(4), Schs. 2, 7. S. 5 repealed by Finance Act 1947 (c. 35), s. 5, Sch. 2 Pt. III; S.I. 1950/664 art. 1(3); Statute Law (Repeals) Act 1969 S. 6 repealed by Statute Law Revision Act 1950 and Statute Law Revision Act 1953. S. 7 repealed by Statute Law Revision Act 1950 and Finance Act 1957 (c. 49), ss. 3, 42(5), Sch. 9 Pt. II S. 8 repealed by Finance Act 1952 (c. 33), s. 76(8), Sch. 14 Pt. III S. 9 repealed by Import Duties Act 1958 (c. 6), s. 16(4), Sch. 7 S. 10 repealed by Finance Act 1933 (c. 19), s. 47, Sch. 8 Ss 11, 12 repealed by Customs and Excise Act 1952 (c. 44), s. 320, Sch. 12 Pt. I Ss. 13–21 repealed with saving by Income Tax Act 1952 (c. 10), s. 527, Sch. 25 S. 22 repealed by Finance (No. 2) Act 1940 (c. 48), s. 42(8), Sch. 10, and by Finance Act 1975 (c. 7), ss. 50, 52(2)(3), 59, Sch. 13 Pt. I S. 23 repealed by Finance Act 1969 (c. 32), s. 61(6), Sch. 21 Pt. V, and by Finance Act 1975 (c. 7), ss. 50, 52(2)(3), 59, Sch. 13 Pt. I S. 24 repealed with savings by Finance Act 1949 (c. 47), s. 52(9)(10), Sch. 11 Pt IV S. 26 repealed with saving by Income Tax Act 1952 (c. 10), s. 527, Sch. 25 S. 27 repealed by Statute Law Revision Act 1953 Unreliable marginal note. S. 28(1) repealed by Import Duties Act 1958 (c. 6), s. 16(4), Sch. 7 S. 28(2) repealed by Statute Law Revision Act 1953 (2 & 3 Eliz. 2 c. 5) S. 28(3) repealed with saving by Finance Act 1975 (c. 7), ss. 50, 52(2)(3), 59, Sch. 13 Pt. I S. 28(6) repealed by Statute Law Revision Act 1950 (14 Geo. 6 c. 6) Schedule 1 repealed by Finance Act 1938 (c. 46), s. 6, Sch. 2 Schedules 2 and 3 repealed by Import Duties Act 1958 (c. 6), s. 16(4), Sch. 7 Schedule 4 repealed with saving by Finance Act 1975 (c. 7), ss. 50, 52(2)(3), 59, Sch. 13 Pt. I Schedule 5 repealed by Statute Law Revision Act 1950 (14 Geo. 6 c. 6) S. 25 repealed (18.3.2026) by Finance Act 2026 (c. 11), s. 279