Income Tax (Trading and Other Income) Act 2005 section 162

Payments by persons liable to pool betting duty

Section 162 previously dealt with the tax treatment of payments made by persons who were liable to pool betting duty, but this section has been repealed and no longer has effect.

• Section 162 originally addressed payments made by persons liable to pool betting duty
• The section was repealed by Finance Act 2012 (section 227 and Schedule 39, paragraph 21(1)(a))
• The repeal took effect for payments made on or after 6 April 2013
• Any payments made before 6 April 2013 would have been governed by the original provisions of this section