Finance Act, 1979
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Amendment of provisions relating to relief in respect of certain interest. |
9.—As respects the year 1979-80 and subsequent years of assessment, the provisions specified in the Table to this section shall have effect as if “£2,400” were substituted for “£2,000” in each place where it occurs. | |
TABLE | ||
(a) Subsection (2) (b) of section 496 (restriction on repayment of tax on interest in certain cases) (inserted by the Finance Act, 1974 ) of the Income Tax Act, 1967 . | ||
(b) Subsection (1) of section 38 (aggregation of interest paid by connected persons) of the Finance Act, 1974 . | ||
(c) Section 44 (amendment of section 76 of Income Tax Act, 1967 ) of the Finance Act, 1974 . | ||
(d) Paragraph (b) of section 52 (restriction of Schedule 6 to Income Tax Act, 1967 ) of the Finance Act, 1974 . | ||
(e) Subsection (2) of section 8 (relief to individuals on loans applied in acquiring interest in companies) of the Finance Act, 1978 . |