Allowable deductions Allowable deductions

United Kingdom

1. 37Consideration chargeable to tax on income.
2. 37AConsideration on disposal of certain leases
3. 37BConsideration on certain disposals: structures and buildings allowances
4. 38Acquisition and disposal costs etc.
5. 39Exclusion of expenditure by reference to tax on income.
6. 39AExclusion of certain expenditure: structures and buildings allowances
7. 40Interest charged to capital.
8. 41Restriction of losses by reference to capital allowances and renewals allowances.
9. 41ARestriction of losses: long funding leases of plant or machinery
10. 42Part disposals.
11. 43Assets derived from other assets.