29(1)Section 269ZF (“relevant trading profits” and “relevant non-trading profits”) is amended in accordance with this paragraph.U.K.
(2)In subsection (2)—
(a)for “ “relevant non-trading profits””, in both places it occurs, substitute “ “relevant non-trading income profits” ”,
(b)in paragraph (a), for “qualifying non-trading profits” substitute “ qualifying non-trading income profits ”, and
(c)in paragraph (b) for “non-trading profits deductions allowance” substitute “ non-trading income profits deductions allowance ”.
(3)In subsection (3), in the words before step 1, for “and qualifying non-trading profits” substitute “ , qualifying non-trading income profits and qualifying chargeable gains ”.
(4)In subsection (3), in paragraph (3) of step 1—
(a)for “and relevant non-trading profits” substitute “ , qualifying non-trading income profits and qualifying chargeable gains ”, and
(b)for “both” substitute “ each ”.
(5)In subsection (3), in paragraph (3) of step 2—
(a)for “and the qualifying non-trading profits” substitute “ , qualifying non-trading income profits and qualifying chargeable gains ”, and
(b)for “both” substitute “ each ”.
(6)In the heading, for “and “relevant non-trading profits”” substitute “ , “total relevant non-trading profits” etc ”.