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LZ 3: Interest derived from development investments
or “Removed rules about interest from development investments”
You could also call this:

“Tax credits for development investment dividends (now removed)”

This section of the law, called ‘Dividends derived from development investments’, used to be part of the Income Tax Act 2007. It was about tax credits and other credits. However, this part of the law no longer exists. The government removed it on 17 July 2013. This change affected how taxes were handled starting from the 2013-2014 tax year and for all years after that.

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Next up: LZ 5: Some definitions

or “Definitions for tax credits have been removed from the Act”
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Part L Tax credits and other credits
Terminating provisions

LZ 4Dividends derived from development investments (Repealed)

    Notes
    • Section LZ 4: repealed (with effect on 1 April 2013 and applying for the 2013–14 and later income years), on , by section 74(1) of the Taxation (Livestock Valuation, Assets Expenditure, and Remedial Matters) Act 2013 (2013 No 52).