Paragraph 678
(1)
Amend section 1158 (restriction on losses carried forward where tax credit claimed) as follows.
(2)
In subsection (1) for “section 392A of ICTA (UK property business losses carried forward)” substitute “ section 62 of CTA 2010 (relief for losses made in UK property business) ”.
(3)
In subsection (2) for “section 393 of ICTA” substitute “ section 45 of CTA 2010 ”.