76First-year allowances [F1and annual investment allowances]: introductionU.K.
This section has no associated Explanatory Notes
Sideways relief is not available to an individual for so much of a loss as derives from [F2an annual investment allowance or] a first-year allowance under Part 2 of CAA 2001 if either section 77 or 78 applies.
Textual Amendments
F1Words in s. 76 heading inserted (21.7.2008 with effect in accordance with Sch. 24 para. 23 of the amending Act) by Finance Act 2008 (c. 9), Sch. 24 para. 21(b)
F2Words in s. 76 inserted (21.7.2008 with effect in accordance with Sch. 24 para. 23 of the amending Act) by Finance Act 2008 (c. 9), Sch. 24 para. 21(a)
Modifications etc. (not altering text)
C1Ss. 75-79 applied (21.7.2009) by Finance Act 2009 (c. 10), Sch. 6 para. 1(11)(c)
C2Ss. 75-79 applied (10.6.2021) by Finance Act 2021 (c. 26), Sch. 2 para. 3(1)(d)