SCHEDULES

SCHEDULE 1Minor and consequential amendments

Part 2Other enactments

Income Tax (Trading and Other Income) Act 2005 (c. 5)

503

In section 248(3) (debts paid after cessation)—

a

for “section 109A(4) or (4A) of ICTA” substitute “ section 96 of ITA 2007 ”, and

b

after “expenditure)” insert “ as a result of subsection (1)(b) of that section ”.