617 Deductions in calculating certain income charged
Income Tax (Trading and Other Income) Act 2005 (2005 c 5) | Legislation

617  Deductions in calculating certain income charged

(1)     This section applies for calculating the amount of income charged under this Chapter other than annual payments.

(2)     The following sections apply as they apply for the purpose of calculating the profits of a trade, profession or vocation—

(a)     section 147 (expenditure and receipts

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