http://www.legislation.gov.uk/ukpga/2007/3/section/616Income Tax Act 2007An Act to restate, with minor changes, certain enactments relating to income tax; and for connected purposes.texttext/xmlenStatute Law Database2024-06-20Expert Participation2024-05-27Income Tax Act 2007s. 788(7)Legal Services Act 2007Sch. 21 para. 161(b)s. 29192193s. 211(2)art. 2(h)Part 12Accrued income profitsChapter 2Accrued income profits and lossesCharge to tax616Charge to tax on accrued income profitsIncome tax is charged on accrued income profits.