Part 10: Factoring of income etc
Section 281A of ITTOIA: Sums to which sections 277 to 281 do not apply
1430.Section 774G(7) of ICTA provides, to summarise, that if section 774A or 774C of that Act applies then sections 277 to 281 of ITTOIA and sections 217 to 221 of CTA 2009 (lease premiums) do not. In consequence of the rewrite of sections 774A to 774G of ICTA for income tax purposes in this Act, section 774G(7) of ICTA is rewritten for income tax purposes as new section 281A of ITTOIA, which disapplies sections 277 to 281 of that Act.