372E Double rent allowance in respect of rent paid for certain business premises

Summary

This section contained a provision which provided for the availability of a double rent allowance for tax purposes, for rent paid under a bona fide commercial lease, to a person carrying on a trade or profession in a rented industrial building, commercial premises or hotel in a qualifying area.

NB: No area was (or will be) designated for the purpose of this section and it was repealed by section 24(3) Finance Act 2002.

Relevant Date: Finance Act 2019