SCHEDULES

SCHEDULE 21First-year allowances for expenditure wholly for a ring fence trade

Part 1Plant and machinery

7Penalty for failure to provide information etc

1

The Taxes Management Act 1970 (c. 9) is amended as follows.

2

In the second column of the Table in section 98, in the entry relating to requirements imposed by provisions of the Capital Allowances Act, after “45B(5) and (6)," insert “ 45G(4) and (5), ”.