SCHEDULES

SCHEDULE 16Taxation of coronavirus support payments

Modification of the Tax Acts

7

The Treasury may by regulations modify the application of any provision of the Tax Acts that affects (or that otherwise would affect) the treatment of—

a

receipts brought into account under paragraph 1(2),

b

amounts treated as post-cessation receipts under paragraph 2(3) or (4), or

c

amounts charged under paragraph 5(1) or 6(1).