Part 2 U.K. Trading income

Chapter 3 U.K. Trade profits: basic rules

[F1 Professions and vocations] U.K.

Textual Amendments

F1 S. 24 cross-heading inserted (6.4.2024 for the tax year 2024-25 and subsequent tax years) by Finance Act 2024 (c. 3), Sch. 10 paras. 10, 47 (with Sch. 10 paras. 48-50)

24 Professions and vocations U.K.

Apart from section 30 (animals kept for trade purposes), the provisions of this Chapter apply to professions and vocations as they apply to trades.