SCHEDULES

C1SCHEDULE 15Tax treatment of financing costs and income

Annotations:
Modifications etc. (not altering text)
C1

Sch. 15 modified (21.7.2009 retrospective) by Finance (No. 3) Act 2010 (c. 33), Sch. 5 para. 36(2)

Part 10Other interpretative provisions

References to amounts disclosed in financial statements

90

1

References in this Schedule to amounts disclosed in financial statements include an amount comprised in an amount so disclosed.

2

References in this Schedule to amounts disclosed in financial statements do not include, in the case of an amount that—

a

is an amount mentioned in paragraph 73(1)(a) to (g), and

b

has been capitalised and is accordingly included in the balance sheet comprised in the financial statements,

any part of that amount that was included in a balance sheet comprised in financial statements for an earlier period.

3

References in this Schedule to amounts disclosed in financial statements do not include—

a

any amount disclosed in respect of a group pension scheme, or

b

any amount disclosed in respect of any entity that is not a member of the group.