74 Property business deductions: wear and tear allowance
Finance Act 2016 (2016 c 24) | Legislation

74  Property business deductions: wear and tear allowance

(1)     In Part 3 of ITTOIA 2005 (property income)—

(a)     omit sections 308A to 308C and the italic heading before section 308A (wear and tear allowance), and

(b)     in section 327 (capital allowances and loss relief: UK property business), in subsection (2), omit paragraph (c) and the “or” before that paragraph.

(2)     The amendments made by subsection

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