PART III Income Tax, Corporation Tax and Capital Gains Tax

CHAPTER II Capital Allowances

78 Extension of section 515 relief to Case V of Schedule D

(1) In section 515(1) of the Taxes Act (postponement of capital allowances to secure double taxation relief) for the words " tax in respect of a trade under Case I of Schedule D " there shall be substituted the words " tax under Schedule D in respect of a trade ".

(2) This section applies in relation to claims made on or after 6th April 1982.