SCHEDULES

SCHEDULE 7Trading profits taxable at the Northern Ireland rate

PART 1Amendments relating to SMEs

Amendments of CTA 2010

10

(1)

Section 357OB (Northern Ireland intangibles credits and debits: SMEs) is amended as follows.

(2)

In the heading, at the end, insert “ that are Northern Ireland employers ”.

(3)

In subsection (1)(a), for “SME condition” substitute “ SME (Northern Ireland employer) condition ”.