Income Tax Act 2007 section 588

Regulation-making powers: general

Section 588 sets out the general powers available to HM Treasury and HMRC to make regulations in connection with the provisions of the Income Tax Act 2007.

• The section provides the broad authority for HM Treasury and HMRC to create secondary legislation (regulations) to support the operation of the Act.
• This regulation-making power allows the government to set out detailed procedural and administrative rules without needing to amend primary legislation each time.
• The provision originates from paragraph 8(4) of Schedule 23A to the Income and Corporation Taxes Act 1988 (ICTA) and was carried forward into the 2007 consolidation.
• The section was subsequently amended by Finance Act 2013, through Schedule 1 paragraph 52 and Schedule 29 paragraph 18(a).