Finance Act 2020

23(1)Section 19 of F(No.2)A 2017 (losses: counteraction of avoidance arrangements) is amended in accordance with this paragraph.U.K.

(2)In subsection (8), before paragraph (a) insert—

(za)section 2A(1) of TCGA 1992 (allowable capital losses);.

(3)At the end insert—

(13)In the case of a tax advantage as a result of a deduction (or increased deduction) under section 2A(1) of TCGA 1992, subsections (10) and (11) have effect as if the references to 1 April 2017 were to 1 April 2020.