SCHEDULES

SCHEDULE 17Community investment tax relief: consequential amendments

Section 57

I11

In section 98 of the Taxes Management Act 1970 (c. 9), in the second column of the Table, after the final entry insert—

paragraph 42 of Schedule 16 to the Finance Act 2002

.

Annotations:
Commencement Information
I1

Sch. 17 para. 1 in force at 23.1.2003 by S.I. 2003/88, arts. 2, 3

I22

In section 289A of the Taxes Act 1988 (form of relief under enterprise investment scheme), after subsection (5)(c) insert—

ca

any income tax reduction under paragraph 19(2) of Schedule 16 to the Finance Act 2002 (community investment tax relief),

Annotations:
Commencement Information
I2

Sch. 17 para. 2 in force at 23.1.2003 by S.I. 2003/88, arts. 2, 3

I33

In Schedule 15B to that Act (venture capital trusts: relief from income tax), after paragraph 1(6)(d) insert—

da

any income tax reduction under paragraph 19(2) of Schedule 16 to the Finance Act 2002 (community investment tax relief),

Annotations:
Commencement Information
I3

Sch. 17 para. 3 in force at 23.1.2003 by S.I. 2003/88, arts. 2, 3

I44

In section 25 of the Finance Act 1990 (c. 29) (donations to charity by individuals), in subsection (7) omit “and" at the end of paragraph (b) and at the end of paragraph (c) insert

and

d

paragraph 19(6)(d) of Schedule 16 to the Finance Act 2002.

Annotations:
Commencement Information
I4

Sch. 17 para. 4 in force at 23.1.2003 by S.I. 2003/88, arts. 2, 3

I55

In Schedule 18 to the Finance Act 1998 (c. 36) (company tax returns, assessments and related matters), in paragraph 8 (calculation of tax payable), after paragraph 1A of the second step of the calculation in sub-paragraph (1) insert—

1B

Any relief under Part 5 of Schedule 16 to the Finance Act 2002 (community investment tax relief).