# Finance Act 2020, Paragraph 4


In section 269ZD (restriction on deductions from total profits), in subsection (2)(b), after sub-paragraph (i) (before the “and”) insert—
“(ia) any deductions made by the company for the accounting period under section 2A(1)(b) of TCGA 1992 (allowable losses accruing in earlier accounting periods),”.

---
Source: https://www.legislation.gov.uk/ukpga/2020/14/schedule/4/paragraph/4 (the official version)
Page: https://openlegislation.uk/finance-act-2020/schedule-4/paragraph-4
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.