SCHEDULES

[F1 SCHEDULE 7A U.K.Interest restriction returns

Textual Amendments

F1 Sch. 7A inserted (with effect in accordance with Sch. 5 para. 25(1)(2) of the amending Act) by Finance (No. 2) Act 2017 (c. 32), Sch. 5 para. 2 (with Sch. 5 para. 28)

PART 8 U.K.Company tax returns

Elections under section 375, 377 or 380 U.K.

68 U.K.The following elections (or their revocation) must be made by a company in its company tax return (whether as originally made or by amendment) for the accounting period to which the election (or revocation) relates—

(a) an election under section 375 (a non-consenting company leaving pro-rata share of total disallowed amount out of account),

(b) an election under section 377 (a company specifying tax-interest expense amounts to be left out of account), and

(c) an election under section 380 (a company specifying tax-interest expense amounts to be brought into account).]