{
  "url": "https://openlegislation.uk/finance-act-2014/schedule-2/paragraph-7",
  "json_url": "https://openlegislation.uk/finance-act-2014/schedule-2/paragraph-7.json",
  "legislation": "ukpga/2014/26",
  "legislation_title": "Finance Act 2014",
  "legislation_url": "https://openlegislation.uk/finance-act-2014",
  "path": "schedule/2/paragraph/7",
  "kind": "paragraph",
  "number": "7",
  "heading": null,
  "text": "(1) Schedule 1 to FA 2013 (annual investment allowance) is amended as follows.\n(2) In paragraph 1 (chargeable periods which straddle 1 January 2013)—\n(a) in sub-paragraph (1), after “that date” insert “ but not later than the specified date ”, and\n(b) after sub-paragraph (1) insert—\n“(1A) The specified date” means—\n(a) for the purposes of corporation tax, 31 March 2014, and\n(b) for the purposes of income tax, 5 April 2014.”\n(3) Omit paragraph 4 (chargeable periods which straddle 1 January 2015).\n(4) In paragraph 5 (operation of annual investment allowance where restrictions apply)—\n(a) in sub-paragraph (1)—\n(i) for “to 4” substitute “ to 3 ”, and\n(ii) omit “or 4(1)”, and\n(b) in sub-paragraph (2), omit “or 4(1)”,\n(c) in sub-paragraph (3)(b), for “, 2014-15, 2015-16 or 2016-17” substitute “ or 2014-15 ”.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/ukpga/2014/26/schedule/2/paragraph/7",
    "retrieved_at": "2026-10-29T09:07:29.129035+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}