20U.K.Any power to make regulations conferred on the Treasury by virtue of this Schedule comes into force on the day on which this Act is passed.
Commencement Information
I1Sch. 6 para. 20 in force at Royal Assent for specified purposes, see Sch. 6 para. 20
21(1)The amendments made by the following provisions of this Schedule have effect in relation to accounting periods beginning on or after 1 April 2017—U.K.
(a)Part 1, and
(b)in Part 2, paragraphs 2 to 15 and 19.
(2)Sub-paragraph (3) applies where a company has an accounting period beginning before 1 April 2017 and ending on or after that date (“the straddling period”).
(3)For the purposes of Part 15E of CTA 2009—
(a)so much of the straddling period as falls before 1 April 2017, and so much of that period as falls on or after that date, are separate accounting periods, and
(b)any amounts brought into account for the purposes of calculating for corporation tax purposes the profits of a trade for the straddling period are apportioned to the two separate accounting periods on such basis as is just and reasonable.
Commencement Information
I2Sch. 6 para. 21 in force at Royal Assent for specified purposes, see Sch. 6 para. 20
22(1)Section 4 of CT(NI)A 2015 (power to make consequential amendments) has effect as if paragraphs 16 to 18 of this Schedule were contained in that Act.U.K.
(2)Section 5(4) to (6) of CT(NI)A 2015 (commencement) has effect as if—
(a)references to Part 8B of CTA 2010 were to that Part as amended by paragraphs 16 and 17 of this Schedule, and
(b)references to the amendments made by Schedules 1 and 2 to CT(NI)A 2015 included the amendments made by paragraph 18 of this Schedule.
Commencement Information
I3Sch. 6 para. 22 in force at Royal Assent for specified purposes, see Sch. 6 para. 20