Income Tax (Trading and Other Income) Act 2005 section 346

Extent of charge to tax

Section 346 sets out the circumstances in which rent received for a UK electric-line wayleave is not taxed under the wayleave income chapter, but is instead brought into account as part of either a property business or a trade.

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.