Paragraph 23

(1)

Section 19 of F(No.2)A 2017 (losses: counteraction of avoidance arrangements) is amended in accordance with this paragraph.

(2)

In subsection (8), before paragraph (a) insert—

“(za)
section 2A(1) of TCGA 1992 (allowable capital losses);”.

(3)

At the end insert—

“(13)
In the case of a tax advantage as a result of a deduction (or increased deduction) under section 2A(1) of TCGA 1992, subsections (10) and (11) have effect as if the references to 1 April 2017 were to 1 April 2020.”