Related Commentary  Related HMRC Manuals

228C(1)  The provisions relating to the annual allowance charge (whether provisions contained in or made under this or any other Act) have effect subject to the following rules.

2015–16 split into two tax years for annual allowance purposes

228C(2)  For the purposes of those provisions but subject to subsection (3), the tax year 2015–16 is to be treated as consisting of two tax years as follows–

(a)one beginning with 6 April 2015 and ending with 8 July 2015 (“the pre-alignment tax year”), and

Want to read more?

This content requires a Croner-i Tax and Accounting subscription.

Existing subscriber? Log in

No subscription?

Contact us to discuss your requirements.