Capital Allowances Act 2001

Supplementary U.K.

50 Time when expenditure is incurred U.K.

In determining whether expenditure is first-year qualifying expenditure under this Chapter, any effect of section 12 on the time at which it is to be treated as incurred is to be disregarded.

F1 51 Disclosure of information between UK tax authorities U.K.

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Textual Amendments

F1 S. 51 omitted (21.7.2008) by virtue of Finance Act 2008 (c. 9), s. 76(5)(c) (with s. 76(7)(8))