Corporation Tax Act 2010 (c. 4)

Schedules

SCHEDULE 1 U.K. Minor and consequential amendments

Part 2 U.K. Other enactments

Corporation Tax Act 2009 (c. 4) U.K.

686 (1) Amend section 1223 (carrying forward expenses of management and other amounts) as follows. U.K.

(2) In subsection (2)(b)—

(a) for “charges on income paid” substitute “ qualifying charitable donations made ”, and

(b) for “they are paid” substitute “ they are made ”.

(3) Omit subsection (4).

(4) In subsection (5) for the words from “section 392A(3)” to the end substitute “ section 63 of CTA 2010 (which is about unused losses made in a UK property business) ”.