Commencement and transitionals: introduction
30.Paragraphs 26 to 33 set out the dates and events from which the new legislation has effect by reference to “relevant dates”. They also provide transitional rules for expenditure incurred on cars and motor cycles before 1 April 2009 (for corporation tax) and 6 April 2009 (for income tax).
31.Paragraph 26 defines the “relevant dates” for income tax and corporation tax purposes.
32.Paragraph 27 explains the difference between “new expenditure” and “old expenditure” by reference to the relevant dates in paragraph 26. The amendments made by this Part of this Schedule (the new rules) have effect from different dates for old and new expenditure.
