Income Tax Act 2007U.K.
46(1)Section 75 (trade leasing allowances given to individuals) is amended as follows.
(2)In subsection (5)—
(a)omit “the basis period for”;
(b)omit “(“the loss-making basis period”)”.
(3)In subsection (6), in each of paragraphs (a) and (b), for “loss-making basis period” substitute “tax year”.