36 Amount of limit
Taxation (International and Other Provisions) Act 2010 (2010 c 8) | Legislation

Limit on, and reduction of, credit against income tax

36  Amount of limit

(1)     This section is about the amount of credit allowed under section 18(2) against a person's income tax for any tax year.

(2)     The amount of credit in respect of income from any particular source must not exceed the difference between—

(a)     the amount of income tax to which the person would be liable for the tax year if the person were charged to income tax on—

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