Paragraph 64

United Kingdom

(1)

This paragraph relates to the operation of section 478 (amount of charges) in relation to a F1securities option F2acquired before 6th April 2003.

(2)

For the purposes of section 478(1), any amount charged to tax under Schedule E in respect of the F3acquisition of the securities option is a deductible amount.

Annotations

Textual amendments

F1: Word in Sch. 7 para. 64 substituted (16.4.2003 for specified purposes, otherwise 1.9.2003) by Finance Act 2003 (c. 14), Sch. 22 para. 46(22)(a)(26)(d); S.I. 2003/1997, art. 2
F2: Word in Sch. 7 para. 64 substituted (16.4.2003 for specified purposes, otherwise 1.9.2003) by Finance Act 2003 (c. 14), Sch. 22 para. 46(22)(b)(26)(d); S.I. 2003/1997, art. 2
F3: Word in Sch. 7 para. 64 substituted (16.4.2003 for specified purposes, otherwise 1.9.2003) by Finance Act 2003 (c. 14), Sch. 22 para. 46(22)(c)(26)(d); S.I. 2003/1997, art. 2

Notes on Part 7

Textual amendments

F1: Words in Sch. 7 Pt. 7 heading substituted (10.7.2003) by Finance Act 2003 (c. 14), Sch. 22 para. 46(4)