Part 5

Miscellaneous income
Chapter 3

Films and sound recordings: non-trade businesses

Application of trading income rules to non-trade businesses
613
The provisions of Chapter 9 of Part 2 apply in relation to non-trade businesses as they apply in relation to trades but as if—
a. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
b
references to anything not constituting trading stock of a trade were omitted.
S. 613(a) omitted (6.4.2024 for the tax year 2024-25 and subsequent tax years) by virtue of Finance Act 2022 (c. 3), Sch. 1 paras. 20, 61(1)