Corporation Tax Act 2009 (c. 4)

SCHEDULES

SCHEDULE 1 U.K. Minor and consequential amendments

Part 2 U.K. Other enactments

Income Tax (Trading and Other Income) Act 2005 (c. 5) U.K.

609 (1) Amend section 180 (cost to buyer of stock valued on sale basis of valuation) as follows. U.K.

(2) In subsection (1) after “trade” insert “ , profession or vocation ”.

(3) In subsection (2)(b) for “section 100(1A) to (1C) of ICTA” substitute “ section 164(3) or sections 165 to 167 of CTA 2009 ”.