Income Tax (Trading and Other Income) Act 2005

This section has no associated Explanatory Notes

84(1)Amend section 105 (allowable deductions) as follows.

(2)In subsection (1)—

(a)for “tax”, in the first three places where it occurs, substitute “corporation tax”,

(b)for “person”, in the first place where it occurs, substitute “company”, and

(c)for “him” substitute “it”.

(3)In subsection (3) for “chargeable period”, in each place where it occurs, substitute “accounting period”.