SCHEDULES
SCHEDULE 2Temporary extension of periods to which trade losses may be carried back
PART 2Corporation tax
Power to modify
14
1
The Commissioners may by regulations amend or otherwise modify the following provisions of this Part of this Schedule—
a
paragraph 6 (non-de minimis claims to be made after financial year);
b
paragraph 7 (non-de minimis claims to be made in tax return);
c
paragraph 8(3) (assumptions in determining if claim is de minimis).
2
Regulations under this paragraph may include supplementary, incidental, consequential or transitional provision (including provision amending or otherwise modifying a provision of this Part of this Schedule not mentioned in sub-paragraph (1)).
3
Regulations under this paragraph are of no effect in relation to a 2020 claim or 2021 claim made before the regulations come into force.
4
No regulations under this paragraph may be made after 31 March 2023.