Access full legislation.And much more.
By becoming a member, your team gets full access to Tax World research tools and source-backed tax resources.
- AI tax research with linked legislation and Finance Act changes
- Commentary, official guidance, publications and training material
- Case law, appeals and tribunal decisions in one place
Income Tax Act 2007 section 77
First-year allowances: partnerships with companies
Section 77 sets out the first circumstance in which sideways relief may be denied for part of a loss, specifically where first-year allowances relate to plant or machinery acquired for leasing by a partnership that includes a company.
Access full legislation.And much more.
By becoming a member, your team gets full access to Tax World research tools and source-backed tax resources.