Finance Act 2006 (c. 25)

SCHEDULES

SCHEDULE 15 U.K. Accountancy change: spreading of adjustment

Part 1 U.K. Income tax

Meaning of “business” U.K.

6 U.K. In this Part of this Schedule “business” means—

(a) a trade, profession or vocation, or

(b) a UK property business or overseas property business.