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 287
Circumstances in which additional calculation rule applies
Section 287 sets out the conditions that must be met before a tenant who is also a landlord can reduce a lease premium or similar receipt chargeable on them, where their own landlord has already been taxed on a premium or similar payment in respect of the same property.
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.