SCHEDULES

SCHEDULE 7U.K.Miscellaneous relocations

Part 15 U.K.Relocation of section 118 of FA 1998

Income Tax (Trading and Other Income) Act 2005 (c. 5)U.K.

89U.K.ITTOIA 2005 is amended as follows.

90(1)Amend section 878 (other definitions) as follows.U.K.

(2)In subsection (3) (claims and elections) for “section 118 of FA 1998” substitute “ section 43E(1) of TMA 1970 ”.

(3)In subsection (4) for “(in” substitute “ more generally (but in ”.