Modifications etc. (not altering text)
C1Sch. 18 modified (17.12.2020 for specified purposes, 31.12.2020 in so far as not already in force) by 1994 c. 23, Sch. 9ZA para. 79 (as inserted by Taxation (Post-transition Period) Act 2020 (c. 26), s. 11(1)(e), Sch. 2 para. 2 (with s. 3(4), Sch. 2 para. 7(7)-(10)); S.I. 2020/1642, reg. 9)
7U.K.In relation to taxes other than VAT, “tax advantage” includes—
(a)relief or increased relief from tax,
(b)repayment or increased repayment of tax,
(c)receipt, or advancement of a receipt, of a tax credit,
(d)avoidance or reduction of a charge to tax, an assessment of tax or a liability to pay tax,
(e)avoidance of a possible assessment to tax or liability to pay tax,
(f)deferral of a payment of tax or advancement of a repayment of tax, and
(g)avoidance of an obligation to deduct or account for tax.