Section 81D TCMA - Meaning of “tax” and “tax advantage”
93.This section gives the meaning of “tax” for this Part as being any devolved tax and the meaning of tax advantage as being:
relief or increased relief from tax;
repayment or increased repayment of tax;
avoidance or reduction of a charge to tax;
deferral of a payment of tax or advancement of a repayment of tax; and
avoidance of an obligation to deduct or account for tax.