Part 3 INCOME TAX, CORPORATION TAX AND CAPITAL GAINS TAX
Chapter 2 OTHER PROVISIONS
Other relieving provisions
70 Relief for expenditure on remediation of contaminated land
F21
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F32
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Schedule 23 to this Act (which contains consequential amendments) has effect accordingly.
71 Creative artists: relief for fluctuating profits
F11
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F12
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The following provisions of the Taxes Act 1988 are repealed—
section 534 (relief for copyright payments etc.);
section 535 (relief where copyright sold after ten years or more);
section 537A (relief for payments in respect of designs);
section 538 (relief for painters, sculptors and other artists).
The repeals have effect in relation to payments actually receivable on or after 6th April 2001.
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Part 2 of Schedule 24 to this Act contains amendments consequential on the preceding provisions of this section.
72 Expenditure on film production etc
In section 48(2)(a) of the Finance (No.2) Act 1997 (c. 58) (favourable tax treatment for certain expenditure on film production, etc. incurred before 2nd July 2002) for “2nd July 2002” substitute “
2nd July 2005
”
.
F473 Deductions for business gifts: yearly limit
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