Schedules

Schedule 2 Consequential amendments

The Finance Act 1998 (c. 36)

103 Schedule 18 (company tax returns, assessments and related matters)

1

For paragraph 78 (application of Part IX of the Schedule) substitute—

78

This Part of this Schedule applies to claims for allowances under the Capital Allowances Act which—

a

are made for corporation tax purposes, and

b

are required under section 3 of that Act to be included in a tax return.

2

For paragraph 79(1) (claim to be included in company tax return) substitute—

79

1

A claim for capital allowances must be included in the claimant company’s company tax return for the accounting period for which the claim is made.