SCHEDULES

SCHEDULE 1Consequential amendments

Part 1Income and Corporation Taxes Act 1988

13In section 21B (application of other rules applicable to Case I of Schedule D)—

(a)omit “, 108, 109A”,

(b)after “(post-cessation receipts and expenses, etc)” insert “, with any reference to a trade within the charge to income tax being read as a reference to a UK property business”, and

(c)omit “section 113 (effect for income tax purposes of change in the persons engaged on trade);”.