Income Tax Act 2007 (c. 3)

SCHEDULES

SCHEDULE 1 Minor and consequential amendments

Part 2 Other enactments

Capital Allowances Act 2001 (c. 2)

406 In section 355 (buildings for miners etc: carry-back of allowances) after subsection (2) insert—

“(2A) For income tax purposes the allowance is given effect at Step 2 of the calculation in section 23 of ITA 2007.”