38 Production animals etc.U.K.
This section has no associated Explanatory Notes
Expenditure is not qualifying expenditure if it is incurred on—
(a)animals or other creatures to which [F1section 30 or Chapter 8 of Part 2 of ITTOIA 2005 or] Schedule 5 to ICTA (treatment of farm animals etc. for purposes of [F2Part 2 of ITTOIA 2005 or] Case I of Schedule D) applies, or
(b)shares in such animals or creatures.
Textual Amendments
F1Words in s. 38(a) inserted (with effect in accordance with s. 883(1) of the amending Act) by Income Tax (Trading and Other Income) Act 2005 (c. 5), , Sch. 1 para. 534(a) (with Sch. 2)
F2Words in s. 38(a) inserted (with effect in accordance with s. 883(1) of the amending Act) ) by Income Tax (Trading and Other Income) Act 2005 (c. 5), , Sch. 1 para. 534(b) (with Sch. 2)