Part 2 Plant and machinery allowances

Chapter 5 Allowances and charges

F1Effect of changes in Northern Ireland status of SME company or SME partnership

66ESME partnership leaving NI corporation tax regime

For the purposes of the corporate partner calculation, section 66D applies in relation to a partnership as if—

(a)

references to a company were references to a partnership,

(b)

references to F2an SME (Northern Ireland employer) company were references to a Northern Ireland Chapter 6 firm,

(c)

the reference to a NIRE company were a reference to a Northern Ireland Chapter 7 firm, and

(d)

the reference to section 15(2ZA) were a reference to section 15(2ZB).