SCHEDULES

SCHEDULE 5 Rent and other receipts from land

Part IV Transitional provisions for corporation tax

Computation of amounts available for surrender as group relief

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In computing under section 403 of the Taxes Act 1988 the amounts available for surrender as group relief in a company’s transitional accounting period, the amounts referable to the period before commencement shall be computed separately from the amounts referable to the period after commencement.