Access full legislation.And much more.
By becoming a member, your team gets full access to Tax World research tools and source-backed tax resources.
- AI tax research with linked legislation and Finance Act changes
- Commentary, official guidance, publications and training material
- Case law, appeals and tribunal decisions in one place
Income Tax (Trading and Other Income) Act 2005 section 48
Apportionment of profits or losses to tax years before tax year 2005-06
Section 48 deals with how profits or losses from a trade, profession or vocation are calculated and apportioned when an accounting period straddles the introduction date of the 2005 Act, falling partly before and partly on or after 6 April 2005.
Access full legislation.And much more.
By becoming a member, your team gets full access to Tax World research tools and source-backed tax resources.