The Energy-Saving Items (Corporation Tax) Regulations 2008

Citation, commencement and interpretation

1.—(1) These Regulations may be cited as the Energy-Saving Items (Corporation Tax) Regulations 2008, shall come into force on 7th July 2008, and shall have effect in respect of expenditure incurred on or after 8th July 2008.

(2) In these Regulations—

“ICTA 1988” means the Income and Corporation Taxes Act 1988;

“deduction” means a deduction allowed under section 31ZA of ICTA 1988 (deduction for expenditure on energy-saving items);

“maximum amount” shall be construed in accordance with regulation 3(1);

“relevant expenditure” means—

(a)

expenditure incurred in acquiring and installing an energy-saving item in a dwelling-house, or

(b)

in so far as it is for the benefit of a dwelling-house, expenditure incurred in acquiring and installing an energy-saving item in a building containing that dwelling-house.