Schedules
F1SCHEDULE A1First-year tax credits
Annotations:
Amendments (Textual)
Part 2Giving effect to first-year tax credits
Payment in respect of first-year tax credit not income
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A payment in respect of a first-year tax credit is not income of the company for any tax purposes.
Sch. 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