http://www.legislation.gov.uk/id/ukpga/2004/12/schedule/6/crossheading/income-and-corporation-taxes-act-1988

SCHEDULES

SCHEDULE 6Expenses of companies with investment business and insurance companies

Income and Corporation Taxes Act 1988

Incidental costs of obtaining loan finance

2

1

Section 77 of the Taxes Act 1988 is amended as follows.

2

In subsection (1) (which does not apply for the purposes of corporation tax but which includes provision for the costs in question to be treated as expenses of management) omit the words from “and the incidental costs” to the end of the subsection.