SCHEDULES
SCHEDULE 11Tax relief for business expenditure on cars and motor cycles
Part 2Restrictions on deductions for hire expenses
Income tax
41
In section 272(2) (profits of a property business: application of trading income rules), in the entry in the Table relating to sections 48 to 50—
a
for “50” substitute “
50B
”
, and
b
omit “or motor cycle”.