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 855A
Notional business: indirect partners
Section 855A sets out special rules for determining when a partner's notional business starts and stops where the partner's firm is itself a partner (or indirect partner) in another trading partnership, and the firm's untaxed income or relievable losses flow from that underlying partnership from non-trading sources.
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.