Finance Act 2013 (c. 29)

SCHEDULES

SCHEDULE 25 U.K. Charge on certain high value disposals by companies etc

PART 1 U.K. Taxation of Chargeable Gains Act 1992

17 U.K. In Schedule 7A (restriction on set-off of pre-entry losses), after paragraph 10 insert—

“10A Section 161(3ZB)(a) and (b) does not apply to a loss if, in the absence of an election under section 161(3ZA), the loss would have been a pre-entry loss.”