Part 16

Factoring of income etc
Chapter 1

Transfers of income streams

Exception: amount otherwise taxed
754
This Chapter does not apply if and to the extent that the income under section 753(1) is (apart from this Chapter)—
a
charged to tax as income of the transferor,
b
brought into account as income in calculating the profits of the transferor, or
c
brought into account under CAA 2001.