SCHEDULES

SCHEDULE 2 U.K.Trades and property businesses: calculation of profits

PART 2 U.K.Property businesses: amendments of ITTOIA 2005

19 U.K.In section 272A (restricting deductions for finance costs related to residential property), after subsection (6) insert—

“(7) See also section 307D (cash basis: modification of deduction for costs of loans).”