Commentary on Sections Overview Overview Section 26: Tax reductions
112.This section lists the tax reductions that are allowed in terms of tax at Step 6 of the calculation in section 23. It is based on many provisions in the source legislation.
113.The approach adopted to the layout of this section is in line with that adopted in relation to section 24.
114.One of the tax reductions is for relief under section 539 of ITTOIA. See Change 3 in Annex 1.