Search Legislation

Finance Act 2006

 Help about what version

What Version

 Help about advanced features

Advanced Features

 Help about opening options

Opening OptionsExpand opening options

Changes over time for: Cross Heading: Qualifying expenditure

 Help about opening options

No versions valid at: 06/04/2006

Alternative versions:

Status:

Point in time view as at 06/04/2006. This version of this cross heading contains provisions that are not valid for this point in time. Help about Status

Changes to legislation:

There are currently no known outstanding effects for the Finance Act 2006, Cross Heading: Qualifying expenditure. Help about Changes to Legislation

Valid from 01/01/2007

Qualifying expenditureU.K.

3(1)Qualifying expenditure for this purpose means core expenditure on the film that falls to be taken into account under Schedule 4 in calculating the profit or loss of the trade for tax purposes.U.K.

(2)The Treasury may by regulations—

(a)amend sub-paragraph (1);

(b)provide that expenditure of a specified description is or is not to be regarded for the purposes of this Part of this Schedule as qualifying expenditure.

(3)No such regulations shall be made unless a draft of the regulations has been laid before and approved by a resolution of the House of Commons.

Back to top

Options/Help