What is the purpose of section 1322 of the Corporation Tax Act 2009?

Section 1322 is a signpost provision that activates Schedule 1 of the Corporation Tax Act 2009. Schedule 1 contains all the minor and consequential amendments needed to keep the wider body of United Kingdom tax law consistent and up to date following the introduction of the 2009 Act.

What types of amendments does Schedule 1 of the Corporation Tax Act 2009 contain?

Schedule 1 makes detailed changes to other enactments necessitated by the rewrite of corporation tax rules into the 2009 Act. These typically include updates to cross-references, terminology adjustments, and small corrections required so that the United Kingdom statute book works as a coherent whole.

Does section 1322 rewrite any earlier United Kingdom tax legislation?

No. Section 1322 is entirely new and does not rewrite or replace any provision from earlier tax legislation such as the Income and Corporation Taxes Act 1988. Its sole purpose is to bring Schedule 1 into effect, activating the consequential amendments required by the Corporation Tax Act 2009.

Why are consequential amendments necessary when a major tax act like the Corporation Tax Act 2009 is introduced?

When a major new tax act is introduced it inevitably affects wording and references in many existing pieces of legislation. Without consequential amendments, cross-references across United Kingdom tax legislation would be broken or misleading, causing confusion for taxpayers and advisers interpreting the law.

Corporation Tax Act 2009 section 1322

Minor and consequential amendments

Section 1322 introduces Schedule 1, which gives effect to minor and consequential amendments arising from the Corporation Tax Act 2009.

This section is a signpost provision that activates Schedule 1 of the Act
Schedule 1 contains minor and consequential amendments to other legislation
These amendments ensure consistency between the Corporation Tax Act 2009 and existing law
This section is new and does not rewrite a provision from earlier tax legislation

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