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 870
Crime-related payments: non-trades and non-property businesses
Section 870 prevents deductions for expenses where the payment itself constitutes a criminal offence, or where the payment was made in response to blackmail or extortion, when calculating non-trade and non-property business income for income tax purposes.
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.