SCHEDULES

SCHEDULE 7Miscellaneous relocations

Part 6Relocation of section 337A(2) of ICTA

Corporation Tax Act 2009 (c. 4)

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After section 1301 insert—

1301ARestriction of deductions for interest

In calculating a company's income from any source for corporation tax purposes, no deduction is allowed for interest otherwise than under Part 5 (loan relationships).