Section 76 First-year allowances and annual investment allowances: introductionF2C1C2
United Kingdom
Sideways relief is not available to an individual for so much of a loss as derives from F1an annual investment allowance or a first-year allowance under Part 2 of CAA 2001 if either section 77 or 78 applies.
Annotations
Textual amendments
- F1
Words in s. 76 inserted (21.7.2008 with effect in accordance with Sch. 24 para. 23 of the amending Act) by Finance Act 2008 (c. 9), Sch. 24 para. 21(a)
- F2
Words in s. 76 heading inserted (21.7.2008 with effect in accordance with Sch. 24 para. 23 of the amending Act) by Finance Act 2008 (c. 9), Sch. 24 para. 21(b)
Modifications
- C1
Ss. 75-79 applied (21.7.2009) by Finance Act 2009 (c. 10), Sch. 6 para. 1(11)(c)
- C2
Ss. 75-79 applied (10.6.2021) by Finance Act 2021 (c. 26), Sch. 2 para. 3(1)(d)