Search Legislation

Finance Act 2022

 Help about what version

What Version

 Help about advanced features

Advanced Features

 Help about opening options

Opening OptionsExpand opening options

Changes over time for: Paragraph 1

 Help about opening options

Alternative versions:

Changes to legislation:

There are currently no known outstanding effects for the Finance Act 2022, Paragraph 1. Help about Changes to Legislation

CTA 2010U.K.

1(1)CTA 2010 is amended as follows.

(2)Omit section 129(3).

(3)Omit sections 135 and 136 together with the heading before section 135.

(4)In section 137(1) (deduction from total profits), omit “or 135”.

(5)In section 142 (meaning of “the overlapping period”)—

(a)in subsection (1) omit the words from “or” to the end;

(b)in subsection (3) for “consortium condition 3” to the end substitute “or, consortium condition 3.”

(6)In section 168 (meaning of “the relevant accounting period”), omit subsections (2) and (3).

(7)In section 179(3) (cases in which surrendering or claimant company is non-UK resident), omit the words from “But” to the end.

(8)In section 188(1) (other definitions)—

(a)in the definition of “the claimant company” omit the words from “or” to the end;

(b)in the definition of “the claim period” omit the words from “or” to the end;

(c)in the definition of “the surrenderable amounts” omit the words from “or” to the end;

(d)in the definition of “surrendering company” omit the words from “or” to the end;

(e)in the definition of “the surrender period” omit the words from “or” to the end.

(9)In section 269DB (meaning of “non-banking group relief”)—

(a)in subsection (1) omit paragraph (b) and the “or” preceding it;

(b)omit subsections (2) to (8).

(10)In Schedule 4 (index of defined expressions) omit the following entries—

(a)“EEA accounting period”;

(b)“EEA amount”;

(c)“EEA related company”;

(d)“EEA territory”.

Back to top

Options/Help