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Legislation
Finance Act 1995

Crossheading Taxation of income from land

  • Section 39 Income chargeable under Schedule A.
  • Section 40 Non-residents and their representatives.
  • Section 41 Income from overseas property.
  • Section 42 Abolition of interest relief for commercially let property.
  1. Taxation of income from land
  2. Abolition of interest relief for commercially let property.

Section 42 | Abolition of interest relief for commercially let property.

From legislation.gov.uk

(1)RepealedF1

(2)That Act shall be further amended as follows—

(a)RepealedF2

(b)RepealedF1

(c)RepealedF1

(d)RepealedF1

(e)RepealedF1

(3)RepealedF3

(4)RepealedF3

(5)RepealedF3

(6)RepealedF4

Notes

  1. F1

    S. 42(1)(2)(b)-(e) repealed (27.7.1999 with effect as mentioned in Sch. 20 Pt. III(7) Note 4 of the amending Act) by 1999 c. 16, s. 139, Sch. 20 Pt. III(7) Note 4

  2. F2

    S. 42(2)(a) repealed (6.4.2007) by Income Tax Act 2007 (c. 3), s. 1034(1), Sch. 3 Pt. 1 (with Sch. 2)

  3. F3

    S. 42(3)-(5) repealed (31.1.2013) by Statute Law (Repeals) Act 2013 (c. 2), s. 3(2), Sch. 1 Pt. 10 Group 1

  4. F4

    S. 42(6) repealed (29.4.1996 with effect as mentioned in ss. 80-105 of the amending Act) by 1996 c. 8, s. 205, Sch. 41 Pt. V(3)

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