Tax & Financial Acts
This is a comprehensive list of the main Tax and Financial Acts applicable in England, Wales, and Scotland, along with official UK legislation URLs (from legislation.gov.uk). These Acts govern income tax, capital gains, corporate tax, VAT, financial regulation, pensions, and more.
Primary Tax Acts (UK-Wide Unless Stated)
1. Income Tax Act 2007
Governs the administration of income tax in the UK.
2. Income Tax (Earnings and Pensions) Act 2003
Covers employment income, pensions, and benefits.
3. Income Tax (Trading and Other Income) Act 2005
Deals with trading income, property income, and other types of income.
4. Corporation Tax Act 2009
Governs corporation tax obligations for companies.
5. Corporation Tax Act 2010
Consolidates and updates corporation tax law.
6. Capital Gains Tax Act 1979 (Repealed but relevant historically)
Replaced and now governed under the Taxation of Chargeable Gains Act 1992.
7. Taxation of Chargeable Gains Act 1992
Governs capital gains tax for individuals and companies.
8. Value Added Tax Act 1994
Main legislation covering VAT in the UK.
9. Finance Acts (Annual Updates)
Yearly Finance Acts amend existing tax law based on the budget.
Browse all Finance Acts:
https://www.legislation.gov.uk/all?title=Finance%20Act
Devolved Tax Legislation (Scotland and Wales)
Scotland-Specific Tax Acts
10. Scottish Rate of Income Tax (Introduced under the Scotland Act 2012)
11. Land and Buildings Transaction Tax (Scotland) Act 2013
Replaces SDLT in Scotland.
12. Revenue Scotland and Tax Powers Act 2014
Establishes Revenue Scotland and its powers.
13. Scottish Landfill Tax (Scotland) Act 2014
Devolved landfill tax in Scotland.
14. Air Departure Tax (Scotland) Act 2017
Replaces UK Air Passenger Duty in Scotland (not yet in effect).
Wales-Specific Tax Acts
15. Land Transaction Tax and Anti-avoidance of Devolved Taxes (Wales) Act 2017
Replaces SDLT in Wales.
16. Landfill Disposals Tax (Wales) Act 2017
Replaces the UK landfill tax in Wales.
17. Tax Collection and Management (Wales) Act 2016
Establishes Welsh Revenue Authority and tax collection powers.
Pensions and Social Security Acts
18. Pensions Act 2008
Governs auto-enrolment and pension duties.
19. Pensions Act 2011
Changes to state pension age and pension reforms.
20. Social Security Contributions and Benefits Act 1992
Core legislation for National Insurance and benefits.
Financial Conduct & Markets Legislation
21. Financial Services and Markets Act 2000
Regulates UK financial markets and institutions.
22. Bank of England Act 1998
Provides a framework for UK monetary policy and central bank powers.
23. Banking Act 2009
Deals with the regulation and supervision of UK banks.
Additional Key Legislation
24. Inheritance Tax Act 1984
Governs inheritance tax rules in the UK.
25. Stamp Duty Reserve Tax (SDRT) Finance Act 1986
Covers SDRT on share transactions.