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SCHEDULES

SCHEDULE 1Abolition of dividend tax credits etc

Other amendments

58(1)FA 1998 is amended as follows.

(2)Omit section 76(3) (regulations about tax credits where non-UK residents have invested in individual savings accounts).

(3)In Schedule 18 (company tax returns etc)—

(a)omit paragraph 9(3) (certain claims by companies for payment of tax credits),

(b)in paragraphs 22(3)(a)(i) and 23(3)(a)(i) (which relate to a statement as to amount of qualifying distribution and tax credit), after “amount” insert “of distribution, but formerly amount”, and

(c)in paragraph 52(2)(a) omit “or payment of a tax credit”.