This section has no associated Explanatory Notes
[F123U.K.A payment in respect of a first-year tax credit is not income of the company for any tax purposes.]
Textual Amendments
F1Sch. A1 inserted (with effect in accordance with Sch. 25 para. 9 of the amending Act) by Finance Act 2008 (c. 9), Sch. 25 para. 5