Finance Act 2021 (c. 26)

SCHEDULES

SCHEDULE 1 U.K. Small profits rate for non-ring fence profits

PART 2 U.K. Amendments of Chapter 3A of Part 8 of CTA 2010

6 U.K. In section 279B (company with only ring fence profits)—

(a) in subsection (1), after paragraph (a) insert—

“(ab) it is not a close investment-holding company in the period,”,

(b) in subsection (2), in the definition of “R”, for “marginal” substitute “ ring fence marginal ”, and

(c) in subsection (3), for “marginal” substitute “ ring fence marginal ”.