SCHEDULES

SCHEDULE 6U.K.Non-UK resident companies carrying on UK property businesses etc

Duty to notify chargeability to corporation tax: exceptionsU.K.

7U.K.In section 55A(1) of FA 2004 (exception to duty of company to give notice of coming within the charge to corporation tax), as inserted by paragraph 7 of Schedule 5 to FA 2019—

(a)omit the “and” before paragraph (b), and

(b)after that paragraph insert , and

(c)in consequence of the deduction of the income tax mentioned in paragraph (a) at the fourth step in paragraph 8 of Schedule 18 to the Finance Act 1998 (calculation of tax payable), the amount of tax payable for the period will be nil.