Part IVU.K. Income Tax, Corporation Tax and Capital Gains Tax
Chapter IU.K. General
Income tax: charge, rates and reliefsU.K.
80 Limit on relief for interest.U.K.
For each of the years 1994-95 and 1995-96 the qualifying maximum defined in section 367(5) of the Taxes Act 1988 (limit on relief for interest on certain loans) shall be £30,000.