{
  "url": "https://openlegislation.uk/finance-act-2020/schedule-4/paragraph-28",
  "json_url": "https://openlegislation.uk/finance-act-2020/schedule-4/paragraph-28.json",
  "legislation": "ukpga/2020/14",
  "legislation_title": "Finance Act 2020",
  "legislation_url": "https://openlegislation.uk/finance-act-2020",
  "path": "schedule/4/paragraph/28",
  "kind": "paragraph",
  "number": "28",
  "heading": null,
  "text": "After section 269ZD insert—\n“References to a company's “deductions allowance”\n269ZDA (1) This section applies for the purposes of sections 269ZB to 269ZD and 269ZFC.\n(2) A company's “deductions allowance” for an accounting period is to be determined in accordance with section 269ZR where, at any time in that period—\n(a) the company is a member of a group (see section 269ZZB), and\n(b) one or more other companies within the charge to corporation tax are members of that group.\n(3) Otherwise, a company's “deductions allowance” for an accounting period is to be determined in accordance with section 269ZW.\n(4) But subsections (2) and (3) are subject to section 269ZYA (deductions allowance for company without a source of chargeable income).”",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/ukpga/2020/14/schedule/4/paragraph/28",
    "retrieved_at": "2026-10-29T09:01:44.314864+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."
}