[23E Tax treatment of relevant benefits]
Income Tax (Trading and Other Income) Act 2005 (2005 c 5) | Legislation

[23E  Tax treatment of relevant benefits]

[(1)     Where this section applies (see section 23A), the relevant benefit amount is to be treated for income tax purposes as profits of the relevant trade for—

(a)     the tax year in which the relevant benefit arises, or

(b)     if T has ceased to carry

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