SCHEDULES
SCHEDULE 1Consequential amendments
Part 2Other enactments
574Capital Allowances Act 2001 (c. 2)
1
Amend Schedule 1 (abbreviations and defined expressions) as follows.
2
In Part 1 in the appropriate place insert—
ITTOIA 2005
The Income Tax (Trading and Other Income) Act 2005
3
In Part 2—
a
in the entry for “ordinary Schedule A business” for “Schedule A” substitute “property”,
b
in the entry for “overseas property business” for “65A(4), 70A(4) and 832(1) of ICTA” substitute “70A(4) and 832(1) of ICTA and Chapter 2 of Part 3 of ITTOIA 2005”, and
c
in the appropriate place insert—
UK property business
section 832(1) of ICTA and Chapter 2 of Part 3 of ITTOIA 2005