{
  "url": "https://openlegislation.uk/finance-act-2022/schedule-1/paragraph-34",
  "json_url": "https://openlegislation.uk/finance-act-2022/schedule-1/paragraph-34.json",
  "legislation": "ukpga/2022/3",
  "legislation_title": "Finance Act 2022",
  "legislation_url": "https://openlegislation.uk/finance-act-2022",
  "path": "schedule/1/paragraph/34",
  "kind": "paragraph",
  "number": "34",
  "heading": "Capital Allowances Act 2001",
  "text": "(1) Section 59 (unrelieved qualifying expenditure) is amended as follows.\n(2) In subsection (4), for “with the basis period for the previous tax year” substitute “in the previous tax year (or, if there is more than one such period, the latest of them)”.\n(3) In subsection (8)(b)—\n(a) omit “the basis period for”;\n(b) for “with that basis period” substitute “in that tax year (or, if there is more than one such period, the latest of them)”.",
  "extent": "E+W+S+N.I.",
  "status": null,
  "version": "current",
  "annotations": [],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/ukpga/2022/3/schedule/1/paragraph/34",
    "retrieved_at": "2026-10-29T08:57:50.927298+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."
}