Finance Act 2016

25(1)Paragraphs 22 to 24 apply in relation to a UK partnership which is (in any financial year of the partnership) a qualifying partnership as they apply to a UK company which is (in any financial year of the company) a qualifying company.U.K.

(2)Those paragraphs have effect in their application to a qualifying partnership—

(a)with the omission of paragraph 22(3) and (8),

(b)as if for “company tax strategy” (in each place) there were substituted “ partnership tax strategy ”, and

(c)as if for “company” and “company's” (in each place) there were substituted respectively “ partnership ” and “partnership's”.