[257N Attribution of SI relief to investments]
Income Tax Act 2007 (2007 c 3) | Legislation

[Chapter 5
Attribution of Relief]

[257N  Attribution of SI relief to investments]

[(1)     References in this Part, in relation to any individual, to the SI relief attributable to any investment are to be read as references to any reduction made in the individual's liability to income tax that is attributed to that investment in accordance with this section.

This is subject to the provisions of this Part providing for the withdrawal or reduction of SI relief.

(2)     If an individual's liability to income tax is reduced under this Part in any tax year, then—

(a)     if the reduction is obtained because of a single distinct investment, the amount of the reduction is attributed to that investment, and

(b)     if the reduction is obtained

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