SCHEDULES
SCHEDULE 24 CREATIVE ARTISTS: RELIEF FOR FLUCTUATING PROFITS
F3Part 1 NEW SCHEDULE 4A TO THE TAXES ACT 1988
F3
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Part 2 CONSEQUENTIAL AMENDMENTS
F12
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3
1
In Schedule 1B to that Act (claims for relief involving two or more years), in paragraph 1 (preliminary definitions) for sub-paragraphs (2) and (3) substitute—
2
For the purposes of this Schedule, two or more claims made by the same person are associated with each other if each of them is any of the following—
a
a claim to which this Schedule applies, or
b
a claim to which Schedule 4A to the principal Act applies (creative artists: relief for fluctuating profits),
and the same year of assessment is the earlier year in relation to each of those claims.
3
In sub-paragraph (2) above, any reference to claims includes—
a
in the case of a claim to which this Schedule applies, a reference to amendments and revocations to which paragraph 4 below applies;
b
in the case of a claim to which Schedule 4A to the principal Act applies, a reference to amendments and revocations to which paragraph 9 of that Schedule applies.
2
This paragraph applies for the year 2000-01 and subsequent years of assessment.
F24
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Sch. 24 Pt. 1 repealed (6.4.2005) by Income Tax (Trading and Other Income) Act 2005 (c. 5), s. 883(1), Sch. 3 (with Sch. 2)