SCHEDULES

SCHEDULE 4Corporate capital losses

PART 1Corporate capital loss restriction

Minor and consequential amendments to Part 7ZA of CTA 2010

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1

Section 269ZZA(1) (excessive specification of deductions allowance: application of section) is amended in accordance with this paragraph.

2

After paragraph (b) insert—

ba

the company's chargeable gains deductions allowance for the period,

3

In paragraph (c) for “non-trading profits deductions allowance” substitute “ non-trading income profits deductions allowance ”.

4

After paragraph (d) insert—

da

the company's BLAGAB deductions allowance for the period.

5

Omit paragraph (e).