746Deductions and reliefs where individual charged under section 720 or 727U.K.
This section has no associated Explanatory Notes
(1)This section applies for the purpose of calculating the liability to income tax of an individual charged under section 720 or 727.
(2)The same deductions and reliefs are allowed as would have been allowed if the income treated as arising to the individual under section 721 or 728 had actually been received by the individual.