298 Taking account of deductions for rent as a result of section 37(4) or 87(2) of ICTA
Income Tax (Trading and Other Income) Act 2005 (2005 c 5) | Legislation

298  Taking account of deductions for rent as a result of section 37(4) or 87(2) of ICTA

(1)     Subsection (2) applies if—

(a)     in calculating the profits of a trade, profession or vocation for an accounting period ending after 5th April 2005 [but before 1st April 2009], a company is treated as paying rent under section 87(2) of ICTA by reference to the amount chargeable for the purposes of that section, and

(b)     the amount chargeable

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