Income Tax (Trading and Other Income) Act 2005 (c. 5)

Part 2 U.K. Trading income

Chapter 9 U.K. Trade profits: F1 . . . sound recordings

Textual Amendments

F1 Pt. 2 Ch. 9: words in heading repealed (with effect as mentioned in ss. 46, 47 of the repealing Act) by Finance Act 2006 (c. 25), s. 178, {Sch. 26 Pt. 3(4) Note 1}

Introduction U.K.

[F2 130A Chapter not to apply where cash basis used U.K.

Nothing in this Chapter applies in calculating the profits of a trade on the cash basis.]

Textual Amendments

F2 S. 130A inserted (with effect in accordance with Sch. 4 paras. 56, 57 of the amending Act) by Finance Act 2013 (c. 29), Sch. 4 para. 25