[240E Effect of election where predecessor and successor are connected persons]
Income Tax (Trading and Other Income) Act 2005 (2005 c 5) | Legislation

[Successions where predecessor and successor are connected persons]

[240E  Effect of election where predecessor and successor are connected persons]

[(1)     This section applies if—

(a)     a person carrying on a trade enters the cash basis for a tax year,

(b)     the person

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