Paragraph 25
(1)
Section 124 (carry forward of BLAGAB trade losses against subsequent profits) is amended as follows.
(2)
In the heading, after “of” insert “ pre-1 April 2017 ”.
(3)
In subsection (1), after “accounting period” insert “ beginning before 1 April 2017 ”.
(4)
In subsection (5), at the end insert “ (but see also section 124D) ”.