SCHEDULES
SCHEDULE 4Relief for carried-forward losses
PART 4Insurance companies: carrying forward BLAGAB trade losses
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1
Section 124 (carry forward of BLAGAB trade losses against subsequent profits) is amended as follows.
2
In the heading, after “of” insert “
pre-1 April 2017
”
.
3
In subsection (1), after “accounting period” insert “
beginning before 1 April 2017
”
.
4
In subsection (5), at the end insert “
(but see also section 124D)
”
.