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Paragraph 11 Power to make further provisionF1

(1)

The Treasury may by regulations make provision for the purpose of providing relief from corporation tax, income tax or capital gains tax in relation to the receipt of payments made under compensation schemes that is supplementary or incidental to provision contained in this Part of this Schedule.

(2)

Provision under this paragraph may (among other things)—

(a)

make different provision for different compensation schemes;

(b)

make provision having retrospective effect.

Annotations

Textual amendments

F1

Sch. 15 Pt. 2 inserted (22.2.2024) by Finance Act 2024 (c. 3), s. 12(2)