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 160
Alternative basis of calculation in early years of practice
Section 160 previously provided an alternative method for calculating trading income in the early years of a business, but was removed from the legislation with effect from the 2013-14 tax year onwards.
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.