Part 6 U.K.Oil

Corporation tax U.K.

111 Losses: set off against profits of earlier accounting periods U.K.

F1 (1). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

(2) Schedule 35 contains minor and consequential amendments relating to the amendments made by this section.

(3) The amendments made by this section and that Schedule have effect in relation to losses incurred in accounting periods beginning on or after 12 March 2008.

Textual Amendments

F1 S. 111(1) repealed (with effect in accordance with s. 1184(1) of the amending Act) by Corporation Tax Act 2010 (c. 4), s. 1184(1), Sch. 3 Pt. 1 (with Sch. 2)