Part 2 U.K. Trading income

Chapter 4 U.K. Trade profits: rules restricting deductions

[F1 Integral features U.K.

Textual Amendments

F1 S. 55A and cross-heading inserted (with effect in accordance with s. 73(6) of the amending Act) by Finance Act 2008 (c. 9), s. 73(4)

55A Expenditure on integral features U.K.

[F2 (1)] Section 33A(3) of CAA 2001 provides that no deduction is allowed in respect of certain expenditure on an integral feature of a building or structure (within the meaning of that section).]

[F3 (2) But section 33A(3) of CAA 2001 does not apply in calculating the profits of a trade on the cash basis.]

Textual Amendments

F2 S. 55A(1): s. 55A renumbered as s. 55A(1) (with effect in accordance with Sch. 4 paras. 56, 57 of the amending Act) by Finance Act 2013 (c. 29), Sch. 4 para. 11(2)

F3 S. 55A(2) inserted (with effect in accordance with Sch. 4 paras. 56, 57 of the amending Act) by Finance Act 2013 (c. 29), Sch. 4 para. 11(3)