SCHEDULES
SCHEDULE 16Part 2: minor and consequential amendments
PART 3Amendments of other Acts
227Corporation Tax Act 2010
1
Section 840 (carrying forward parts of payments) is amended as follows.
2
In subsection (2), for “allowed as a deduction under section 76 of ICTA is not allowed” substitute “taken into account as mentioned in section 835(2)(c) or 836(2)(c) is not taken into account”.
3
In subsection (4), for “a deduction under section 76 of ICTA” substitute “the calculation at step 1 of section 76 of FA 2012”.
4
In subsection (5), for “allowed as a deduction under section 76 of ICTA” substitute “taken into account in the calculation at step 1 of section 76 of FA 2012”.