SCHEDULES

SCHEDULE 25 U.K.Loan relationships

Part 2 U.K.Amendments of other enactments

The Taxes Act 1988 U.K.

Incidental costs of obtaining loan finance U.K.

44 In section 77(2)(a) (meaning of “qualifying loan” etc) omit sub-paragraph (ii) (interest deductible under section 338 against total profits).