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 35
Bad and doubtful debts
Section 35 sets out the rules governing when a deduction can be claimed for debts owed to a trader, limiting relief to debts that are bad, estimated to be bad, or released as part of a formal insolvency arrangement.
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.