Income Tax (Trading and Other Income) Act 2005 section 865

Unpaid remuneration: non-trades and non-property businesses

Section 865 restricts the timing of tax deductions for employees' remuneration that has been charged in the accounts but not yet paid, in the context of income sources other than trades, professions, vocations or property businesses.

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.