SCHEDULES

SCHEDULE 11 U.K.Tax relief for business expenditure on cars and motor cycles

Part 2 U.K.Restrictions on deductions for hire expenses

Income tax U.K.

41 U.K.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”.