Income Tax (Trading and Other Income) Act 2005

General saving for section 9(5) of ICTA

8 (1) Sub-paragraph (2) applies if—

(a) as a result of this Act, an enactment which applies to both income tax and corporation tax (“the original enactment”) has become an enactment which applies to income tax and an enactment which applies to corporation tax (“the successor enactments”),

(b) immediately before 6th April 2005, section 9(5) of ICTA (taxes treated as one in certain circumstances) had effect in relation to the original enactment, and

(c) no express provision is made by this Act to preserve this effect.

(2) The successor enactments are not to be affected in their operation by the fact that income tax and corporation tax are distinct taxes but they are to apply in relation to income tax and corporation tax as if they were one tax so far as is—

(a) consistent with the Corporation Tax Acts, and

(b) required to preserve the effect of section 9(5) of ICTA,

and the successor enactments are to be read accordingly.