729 Payments for non-taxable consideration
Income Tax (Trading and Other Income) Act 2005 (2005 c 5) | Legislation

729  Payments for non-taxable consideration

(1)     A payment that meets condition A is only exempt from income tax under section 727(1) if condition B or C is met.

(2)     Condition A is that—

(a)     the payment is made under a liability

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