SCHEDULES
SCHEDULE 1Minor and consequential amendments
Part 2Other enactments
Finance Act 1998 (c. 36)
451
The Finance Act 1998 is amended as follows.
452
Omit section 42 (computation of profits of trade, profession or vocation).
453
In section 46 (minor and consequential provisions about computations) omit subsections (1) and (2).
454
1
Amend Schedule 18 (company tax returns, assessments and related matters) as follows.
2
In paragraph 9(2) for “section 6(2) of the Taxes Act 1988” substitute “
section 3 of the Corporation Tax Act 2009
”
.
3
In paragraph 10—
a
omit sub-paragraphs (2B) and (3), and
b
in sub-paragraph (5)—
i
for “section 32(7) of the Finance Act 2006” substitute “
section 1182(7) of the Corporation Tax Act 2009
”
, and
ii
for “section 32(8)(a)” substitute “
section 1182(8)(a)
”
.
4
In paragraph 13(3) in the definition of “trading stock” for “section 100(2) of the Taxes Act 1988” substitute “
section 163 of the Corporation Tax Act 2009
”
.
5
In paragraph 26(1)(b) for the words from “section 12(5A)” to “Board” substitute “
section 11(3) of the Corporation Tax Act 2009 (power of officer of Revenue and Customs
”
.
6
In paragraph 52—
a
in sub-paragraph (2)—
i
in paragraph (ba), for “Schedule 20 to the Finance Act 2000” substitute “
Chapter 2 or 7 of Part 13 of the Corporation Tax Act 2009
”
,
ii
in paragraph (bb), for “Schedule 22 to the Finance Act 2001” substitute “
Part 14 of the Corporation Tax Act 2009
”
,
iii
omit paragraph (bc), and
iv
in paragraph (bd) after “credit” insert “
under Part 15 of the Corporation Tax Act 2009
”
,
b
omit sub-paragraph (4), and
c
in sub-paragraph (5)—
i
omit paragraph (ad), and
ii
at the end, omit “, (ad)”.
7
In paragraph 83A for “Schedule 20 to the Finance Act 2000” substitute “
Part 13 of the Corporation Tax Act 2009
”
.
8
In paragraph 83F(1)—
a
in paragraph (a), after “tax credit” insert “
under Chapter 2 or 7 of Part 13 of the Corporation Tax Act 2009
”
, and
b
in paragraph (b), after “by it” insert “
under that Chapter
”
.
9
In paragraph 83G—
a
in paragraph (a) for “paragraph 14 of Schedule 22 to the Finance Act 2001” substitute “
section 1151 of the Corporation Tax Act 2009
”
, and
b
in paragraph (b) for “paragraph 24 of that Schedule” substitute “
section 1164 of that Act
”
.
10
Omit Part 9BA.
11
Omit Part 9C.
12
Omit paragraph 84 and the italic cross-heading before it.