Finance Act 2008 (c. 9)

SCHEDULES

SCHEDULE 25 U.K. First-year tax credits

Part 1 U.K. Amendments of CAA 2001

3 (1) Section 3 (claims for capital allowances) is amended as follows. U.K.

(2) In subsection (1), after “Act” insert “ , and no first-year tax credit is to be paid under Schedule A1, ”.

(3) After subsection (2A) insert—

“(2B) Any claim for a first-year tax credit under Schedule A1 must be separately identified as such in the return.”